2024-09-25T08:52:47-05:00 2024-03-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-04-01 042234126 THE FRANCIS OUIMET SCHOLARSHIP FUND INC FRAN 7744309090 300 ARNOLD PALMER BOULEVARD NORTON MA 02766 DUNCAN GRATTON PRESIDENT 7744309092 2024-09-23 1 1 THOMAS F MULDOON CPA P01561688 5083669100 2024-09-23 2023 2024-08-08 14:25:15Z DUNCAN GRATTON 300 ARNOLD PALMER BOULEVARD NORTON MA 02766 12783851 0 X OUIMET.ORG X 1949 MA THE FRANCIS OUIMET SCHOLARSHIP FUND IS COMMITTED TO PROVIDING NEEDBASED SCHOLARSHIP AID TO STUDENTS WHO HAVE DEMONSTRATED A STRONG WORKETHIC BY HAVING COMPLETED AT LEAST TWO YEARS OF SERVICE TO GOLF. THEOUIMET FUND REWARDS ACCOMPLISHMENT THROUGH THE COMPETITIVE, RENEWABLE 58 57 9 145 0 0 4600938 5939653 0 0 804805 1146297 -48698 -804152 5357045 6281798 3129689 3409487 0 0 939775 1039501 0 0 801082 596156 710113 4665620 5159101 691425 1122697 26582968 30635675 1058865 803358 25524103 29832317 THE FRANCIS OUIMET SCHOLARSHIP FUND IS COMMITTED TO PROVIDING NEEDBASED SCHOLARSHIP AID TO STUDENTS WHO HAVE DEMONSTRATED A STRONG WORKETHIC BY HAVING COMPLETED AT LEAST TWO YEARS OF SERVICE TO GOLF. THEOUIMET FUND REWARDS ACCOMPLISHMENT THROUGH THE COMPETITIVE, RENEWABLE 0 0 3856714 3409487 PROVIDING NEED BASED COLLEGE SCHOLARSHIPS TO GOLF CADDIES AND OTHER GOLF CLUB EMPLOYEES WHO HAVE SERVED THE GOLF COMMUNITY FOR TWO OR MORE YEARS.2023-2024 SCHOLARSHIP PROFILE:-292 INDIVIDUALS RECEIVING FINANCIAL AWARDS-163 "HONORARY" SCHOLARS RECEIVING $750 BOOK AWARD-153 COLLEGES ATTENDED BY SCHOLARS-125 CLUBS REPRESENTED BY SCHOLARS-73 WOMEN SCHOLARS 3856714 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 58 57 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X COLIN MCGUIRE 7744309090 300 ARNOLD PALMER BLVD NORTON MA 02766 MR COLIN R MCGUIRE EXECUTIVE DIRECTOR 40.00 X X 177667 0 52720 MR WILLIAM L HEALY MD PRESIDENT (UNTIL 10/21/23) 1.00 X X 0 0 0 MR DUNCAN GRATTON PRESIDENT 1.00 X X 0 0 0 MR KEVIN J MACLAUGHLAN SECOND VP (UNTIL 10/23)/1ST VICE PRESIDENT 1.00 X X 0 0 0 MR JOHN AGOSTINO TREASURER 1.00 X X 0 0 0 MR STEPHEN D BROOK CLERK & COUNSEL 1.00 X X 0 0 0 MR JOHN DOLAN III CLUB RELATIONS CHAIR 1.00 X 0 0 0 MS JUDY P FRODIGH DIRECTOR, EXECUTIVE COMM./SECOND VP (AS OF 10/23) 1.00 X 0 0 0 MR GREGORY J GAILIUS DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR JEFFFREY HOLLAND DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR JAMES W MORIARTY DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR CHRISTOPHER L RUMUL DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR RICHARD F CONNOLLY JR DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MS MARIE E CHALMERS DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR SCOTT J ADLER DIRECTOR 1.00 X 0 0 0 MR DAVID A BAMEL DIRECTOR 1.00 X 0 0 0 MR JOSH BELINSKY DIRECTOR 1.00 X 0 0 0 MR JAMES BLUE II DIRECTOR 1.00 X 0 0 0 MR PAUL BOUDREAU DIRECTOR 1.00 X 0 0 0 MR DUFFY BRENT DIRECTOR 1.00 X 0 0 0 MS CAITLIN CAVANAUGH DIRECTOR 1.00 X 0 0 0 MR RYAN CONNOLLY DIRECTOR 1.00 X 0 0 0 MR MARTIN F CONNORS JR DIRECTOR 1.00 X 0 0 0 MR EDUARDO E CORDEIRO DIRECTOR 1.00 X 0 0 0 MR STEPHEN C DEMIRJIAN DIRECTOR 1.00 X 0 0 0 MR JASON D DEVITO DIRECTOR 1.00 X 0 0 0 MR MICHAEL H DOUVADJIAN DIRECTOR 1.00 X 0 0 0 MR PATRICK A FISCHOEDER DIRECTOR 1.00 X 0 0 0 MR JOHN F GALLAGHER III DIRECTOR 1.00 X 0 0 0 MS STEPHANIE WEIMER GREANEY DIRECTOR 1.00 X 0 0 0 MR RAYMOND F HAMEL JR DIRECTOR 1.00 X 0 0 0 MR ANDREW HENDERSON JR DIRECTOR 1.00 X 0 0 0 MR PHILIP HOLDEN DIRECTOR 1.00 X 0 0 0 MR BRIAN JOHNSON DIRECTOR 1.00 X 0 0 0 MR WILLIAM D KELLEHER DIRECTOR 1.00 X 0 0 0 MR TERRENCE G KENNEDY DIRECTOR 1.00 X 0 0 0 MR DONALD J KILBRIDE DIRECTOR 1.00 X 0 0 0 MR BO KIMYACHI DIRECTOR 1.00 X 0 0 0 MR MARK LUND DIRECTOR 1.00 X 0 0 0 MR DANIEL MAGALETTA DIRECTOR 1.00 X 0 0 0 MR JOSEPH E MAHONEY JR DIRECTOR 1.00 X 0 0 0 MR THOMAS MARTIN JR DIRECTOR 1.00 X 0 0 0 MS HOLLY MCGRATH DIRECTOR 1.00 X 0 0 0 MR JOHN R MCKENNA DIRECTOR 1.00 X 0 0 0 MR JOSEPH R NOLAN JR DIRECTOR 1.00 X 0 0 0 MR JOSEPH E ONSTOTT DIRECTOR 1.00 X 0 0 0 MR SEAN RUSH DIRECTOR 1.00 X 0 0 0 MR SEAN P RIORDAN DIRECTOR 1.00 X 0 0 0 MR PATRICK J SCANNELL DIRECTOR 1.00 X 0 0 0 MR MICHAEL S WALKER DIRECTOR 1.00 X 0 0 0 MR JOHN WATTS DIRECTOR 1.00 X 0 0 0 MR TODD H WETZEL DIRECTOR 1.00 X 0 0 0 MR DAVID F WILSON DIRECTOR 1.00 X 0 0 0 MR THOMAS F BAGLEY DIRECTOR 1.00 X 0 0 0 MR GREGORY L CINCOTTA DIRECTOR 1.00 X 0 0 0 MR ANDREW J MINGLE DIRECTOR 1.00 X 0 0 0 MR JENNIFER MISIASZEK DIRECTOR 1.00 X 0 0 0 MS ALISON WALSHE DIRECTOR 1.00 X 0 0 0 MR JOHN MACKINNON DIRECTOR (UNTIL 10/2023) 1.00 X 0 0 0 MR EUGENE KENNEDY DIRECTOR (UNTIL 10/2023) 1.00 X 0 0 0 MR HARRISON BANE DIRECTOR (UNTIL 10/2023) 1.00 X 0 0 0 MR JEFFREY JAMES MURPHY SR. DIRECTOR, OPERATIONS 40.00 X 116000 0 5800 MR THOMAS MURPHY DIR., DEV. & ALUMNI RELATIONS 40.00 X 116750 0 4441 MS MICHELLE ANDREA EDWARDS SR. DIR., SCHOLARSHIPS & DATA MGMT. 40.00 X 103810 0 5719 514227 0 68680 4 0 1 0 UBS FINANCIAL SERVICES INC 200 CLARENDON ST 24TH FL BOSTON MA 02116 INVESTMENT ADVISORS 149023 1 1806522 4133131 5939653 634131 634131 5807146 5294980 512166 512166 512166 402921 1806522 1207073 -804152 -804152 6281798 0 0 342145 3409487 3409487 205101 10255 10255 184591 640367 162993 95333 382041 15265 4287 2468 8510 152627 32130 19306 101191 26141 5443 3307 17391 512 512 35100 7369 3965 23766 153114 153114 100413 50473 20895 29045 5573 478 701 4394 13875 2871 1744 9260 FUNDRAISING EVENTS & AL 323845 137174 186671 CLUB RELATIONS 77681 33754 3034 40893 5159101 3856714 501305 801082 284842 653570 190249 399145 233859 147709 10071 271675 492117 108705 332904 299675 7166 33229 25002572 28698002 362092 323640 26582968 30635675 280653 459700 416120 20018 362092 323640 1058865 803358 X 5021233 5580599 20502870 24251718 25524103 29832317 26582968 30635675 1122697 3185517 0 X X 0 1 X 1 0 X 4588723 4300018 5679153 4600938 5939653 25108485 4588723 4300018 5679153 4600938 5939653 25108485 19765 25088720 536871 494770 602253 597418 634131 2865443 27973928 782473 0.89690 0.89390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20337221 1223844 3877584 1352580 24086069 22203673 1032090 -1449937 1448605 20337221 20478212 1816130 1160910 1251579 22203673 14929128 1061427 5464807 977150 20478212 15762550 1344013 -1165841 1011594 14929128 1.00000 0 0 332904 299675 33229 33229 OPERATING LEASE OBLIGATIONS 323640 323640 X 10521274 3185517 3185517 7335757 153114 -1207073 -1053959 6281798 6213060 1207073 1207073 5005987 153114 153114 5159101 PART X, LINE 2: THE OUIMET FUND FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD, WHICH REQUIRES THE OUIMET FUND TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF MARCH 31, 2024 THE OUIMET FUND DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE OUIMET FUND DOES NOT EXPECT THAT THE AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON THE STATEMENT OF ACTIVITIES -1,207,073. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON THE STATEMENT OF ACTIVITIES 1,207,073. ELS BANQUET 750373 562780 187593 2554 474718 20345 71223 INKSTER BANQUET 861313 645985 215328 5650 521969 13536 9498 1 597757 597757 9416 18682 59482 2209443 1806522 402921 17620 1015369 33881 140203 1207073 -804152 1 SCHOLARSHIPS 455 3409487 PART I, LINE 2: FINANCIAL INFORMATION REQUIRED FROM SCHOLARS: CSS PROFILE, SAR FROM FAFSA FINANCIAL AWARD LETTER FROM UNIVERSITY STATING GRANTS, SCHOLARSHIPS, LOANS, WORKSTUDY, ETC. COST OF ATTENDANCE IS GATHERED FROM THE COLLEGEBOARD SITE. NO COSTS FOR SEMESTERS ABROAD ARE INCLUDED IN OUR FORMULA FOR THE COST OF THE SCHOOL YEAR. AFTER FINANCIAL NEED HAS BEEN DETERMINED AWARDS ARE ISSUED BASED ON A SCHEDULE OF AWARDS BY UNMET NEED, THIS SCHEDULE IS DETERMINED BY THE SCHOLARSHIP COMMITTEE AND REVIEWED EACH YEAR. OUIMET SCHOLARS ARE FINANCIAL AWARD RECIPIENTS WHO HAVE GONE THROUGH A RIGOROUS REVIEW AND INTERVIEW PROCESS, HAVE QUALIFIED, AND HAVE CERTIFIED FINANCIAL NEED. OUIMET HONORARY SCHOLARS HAVE GONE THROUGH THE SAME RIGOROUS REVIEW AND INTERVIEW PROCESS, HAVE QUALIFIED, AND ALTHOUGH THEY DO NOT QUALIFY TO RECEIVE A NEEDS BASED FINANCIAL AWARD, THEIR DESIGNATION AS A OUIMET SCHOLAR IS A GREAT HONOR AND HELPS THEM TAP INTO THE VAST NETWORK OF FELLOW OUIMET SCHOLARS CURRENTLY IN THE WORK FORCE. CHECKS ARE ISSUED IN SEPTEMBER FOR THE FULL AWARD. X X 0 0 0 0 0 0 0 0 0 MR COLIN R MCGUIRE EXECUTIVE DIRECTOR 177667 0 0 0 0 0 22500 0 30220 0 230387 0 0 0 CRAMER PRODUCTIONS INC OWNER OF CRAMER PRODUCTIONS, INC. SITS ON OUIMET BOARD OF DIRECTORS. 214989 AUDIO/VISUAL SERVICES AT THE ANNUAL BANQUET 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS AND IS THEN DISCUSSED AT A BOARD MEETING PRIOR TO APPROVAL AND SIGNATURE BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS PERFORMS REGULAR INQUIRIES AND REQUIRES WRITTEN STATEMENTS DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT AND OFFICERS INCLUDED A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION'S OFFICE. INSTRUCTIONS ARE POSTED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.