FOUNDATION FOR SEACOAST HEALTH: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR SEACOAST HEALTH (EIN 02-0386319)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-09-26
- IRS object ID
- 202302699349100700
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Dissolution Stmt
- General Explanation Attachment
- Investments Other Schedule2
- Land Etc Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-26T07:34:05-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010523282 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2211 Congress St | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020386319 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation for Seacoast Health | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 6034228200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 670 | AddressLine1Txt |
| City | Portsmouth | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Peter George | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 6034228200 | PhoneNum |
| Signature | 2023-09-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Peter | PersonFirstNm |
| Person Last | George | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joseph R Byrne | PreparerPersonNm |
| PTIN | P01289281 | PTIN |
| Phone | 2077752387 | PhoneNum |
| Preparation | 2023-09-22 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $22,646,639 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,848 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,848 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $515,353 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $515,353 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,742,020 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,849,114 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,467,955 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $117,217 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $117,256 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $116,876 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $4,382,438 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,105,412 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $116,876 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $175,627 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $5,269 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $170,358 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $147,031 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $4,411 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $145,096 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $40,936 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,228 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $38,276 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $29,842 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $31,750 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,758 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $22,583 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $128,279 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $40,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $80,447 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $65,145 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $78,711 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $57,019 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $88,900 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $88,900 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $88,900 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $198,466 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $27,976 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $27,976 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $188,837 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,542 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,542 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $73,033 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,083 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $71,352 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,037,578 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $168,881 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $116,876 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $837,952 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,162,269 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,074,769 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $11,199,847 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $168,881 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $116,876 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,912,721 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$6,817,409 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,936,531 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $295,650 | CashBOYAmt |
| Cash EOY | $257,841 | CashEOYAmt |
| Cash EOYFMV | $257,841 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $779,487 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $686,839 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $686,839 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $10,406 | AcctRcvblAmt |
| Acct Rcvbl BOY | $9,172 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $10,406 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $10,406 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $23,423 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $19,754 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $19,754 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $33,594,432 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $21,544,361 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $21,544,361 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $11,415 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,283 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,592,363 | LandBOYAmt |
| Land EOY | $9,132 | LandEOYAmt |
| Land EOYFMV | $9,132 | LandEOYFMVAmt |
| Other Assets BOY | $115,519 | OtherAssetsBOYAmt |
| Other Assets EOY | $118,306 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $118,306 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $41,410,046 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,646,639 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,646,639 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $78,605 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $43,436 | AccountsPayableEOYAmt |
| Grants Payable EOY | $87,500 | GrantsPayableEOYAmt |
| Mortgages And Notes Payable BOY | $4,985,740 | MortgagesAndNotesPayableBOYAmt |
| Other Liabilities BOY | $115,519 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $118,306 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $5,179,864 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $249,242 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $35,497,953 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $21,857,344 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $732,229 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $540,053 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $36,230,182 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,397,397 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $41,410,046 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,646,639 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $36,230,182 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$6,817,409 | ExcessRevenueOverExpensesAmt |
| Other Increases | $26,782 | OtherIncreasesAmt |
| Subtotal | $29,439,555 | SubtotalAmt |
| Other Decreases | $7,042,158 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $22,397,397 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Passthrough from Schedule K-1s - UBI | P | $3,134 | $3,134 | $0 | $0 | ||
| Passthrough from Schedule K-1s | P | $26,036 | -$26,036 | -$26,036 | |||
| Publicly Traded Securities | $5,806,616 | $5,833,552 | -$26,936 | -$26,936 | |||
| 100 Campus Drive, Portsmouth, NH | P | $10,000,000 | $6,518,437 | $3,481,563 | $3,481,563 | 1999-09-01 | 2022-03-14 |
| Capital Gains Dividends | P | $39,364 | $39,364 | $39,364 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,467,955 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $54,718 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $54,718 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $54,718 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $61,389 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $66,389 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $11,671 | OverpaymentAmt |
| Applied To ES Tax | $11,671 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.foundationforseacoasthealth.org | WebsiteAddressTxt |
| Individual With Books | Debra S Grabowski | IndividualWithBooksNm |
| Phone | 6034228200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 670 | AddressLine1Txt |
| City | Portsmouth | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (16 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Debra S Grabowski | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Chief Executive Officer | 35.00 | $143,148 | $22,515 | $9,963 |
| Timothy Durkin | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Board Chair | 2.50 | $0 | $0 | $0 |
| Stuart Levenson | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Vice Chair | 2.50 | $0 | $0 | $0 |
| Peter George | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Treasurer | 2.50 | $0 | $0 | $0 |
| Andrea Daly | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Secretary | 1.00 | $0 | $0 | $0 |
| Tom Blais | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Trustee | 1.00 | $0 | $0 | $0 |
| Jenifer Cannon | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Trustee | 1.00 | $0 | $0 | $0 |
| Mark Jacobs MD | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Trustee | 1.00 | $0 | $0 | $0 |
| Darci Knowles | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Trustee | 1.00 | $0 | $0 | $0 |
| Elisabeth Robinson | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Trustee | 2.00 | $0 | $0 | $0 |
| Tania Mariano | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Trustee | 2.00 | $0 | $0 | $0 |
| Jennifer Cutts MD | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Trustee | 1.00 | $0 | $0 | $0 |
| Paul Leyden | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Trustee | 1.00 | $0 | $0 | $0 |
| John Hebert | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Past Trustee | 1.00 | $0 | $0 | $0 |
| Archie McGowan MD | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Past Trustee | 1.00 | $0 | $0 | $0 |
| Amy Schwartz | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Past Trustee | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| Noreen Hodgdon | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Executive Assist | 32.00 | $52,532 | $0 | $15,910 |
| Kathleen Taylor | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | Finance Director | 20.00 | $57,240 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Foundation for Seacoast Health owned, operated and maintained a 92,000 square foot multi-tenant nonprofit center that provided below market rents to 7 unaffiliated nonprofit programs. The community campus center was created in 1999 as a core component of the Foundation's commitment to improving health in the seacoast area of New Hampshire and southern Maine. The unaffiliated network of organizations located at the campus provides a broad range of services to some of our most vulnerable and under-served individuals and families. In addition, over 50 community organizations utilize the space and resources of the community campus to meet ongoing business needs or host special events. The Community Campus was sold to the City of Portsmouth, NH in March of 2022. | Description1Txt |
| Expenses1 | $473,537 | Expenses1Amt |
| Description2 | The Foundation provides grants to 501(c)(3) organizations that serve one of the nine communities within the Foundation's service area (Portsmouth, Newington, New Castle, Greenland, Rye, and North Hampton, NH; and Kittery, Eliot, and York, Maine). Funding initiatives are focused in the areas of health promotion, health protection, preventive health services, training, and education. | Description2Txt |
| Expenses2 | $0 | Expenses2Amt |
| Description3 | In keeping with the mission to invest resources to improve the health and well-being of seacoast residents, the Foundation awards scholarships to candidates pursuing an undergraduate or graduate degree in a health-related field of study. The awards are based primarily on scholastic aptitude and performance, personal achievement, leadership, and community involvement. The applicant's primary residence must be in one of the nine towns within the Foundation's service area. | Description3Txt |
| Expenses3 | $0 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $25,854,127 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,027,334 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $27,881,461 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $27,881,461 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $418,222 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,463,239 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,373,162 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,373,162 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $54,718 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $440 | IncomeTaxAmt |
| Total Tax | $55,158 | TotalTaxAmt |
| Distributable Before Adj | $1,318,004 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $10,000,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $11,318,004 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $11,318,004 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,912,721 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $24,106 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $10,936,827 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $11,318,004 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $354,839 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $167,394 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $522,233 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,936,827 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $10,936,827 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $381,177 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $381,177 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $141,056 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $141,056 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $141,056 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Noreen Hodgdon | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 670 | AddressLine1Txt |
| City | Portsmouth | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6034228200 | RecipientPhoneNum |
| Form And Info And Materials | Formal application form | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None currently | SubmissionDeadlinesTxt |
| Restrictions On Awards | Restricted for purposes related to the promotion of health and wellbeing of residents of the nine communities indentified in Part IX-A. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (44 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Seacoast Outright | ||||||||
| 25 Highland Street | Portsmouth | NH | 03801 | N/A | PC | Support for part time program director | $16,000 | |
| The Chase Home for Children | ||||||||
| 698 Middle Road | Portsmouth | NH | 03801 | N/A | POF | To support residential treatment, home based and independent living programs for adolescents and families along with community diversion program | $50,000 | |
| Child Advocacy Center | ||||||||
| 100 Campus Drive Suite 11 | Portsmouth | NH | 03801 | N/A | PC | To provide safe, neutral, child friendly environment for the evaluation of alleged crimes against children ages 3 to 18 years | $25,000 | |
| Clay Soper Memorial Fund | ||||||||
| 233 Main Street | Winchester | MA | 01890 | N/A | PC | To support teens and families in the New Hampshire Seacoast area about the risks associated with the misuse and abuse of prescription drugs. | $12,500 | |
| Connor's Climb Foundation | ||||||||
| PO Box 283 | Exeter | NH | 03833 | N/A | PC | To provide suicide prevention education to New Hampshire youth and the community. | $12,500 | |
| Cross Roads House Inc | ||||||||
| 600 Lafayette Road | Portsmouth | NH | 03801 | N/A | PC | To provide shleter to unhoused individuals and families | $50,000 | |
| Friends Forever | ||||||||
| 1 Morgan Way | Durham | NH | 03828 | N/A | PC | To help build a better world by empowering youth | $25,000 | |
| Friends of the Music Hall | ||||||||
| 28 Chestnut Street | Portsmouth | NH | 03801 | N/A | PC | To help support individuals dealing with isolation and loneliness with participation in the arts aiding in mental well being, allevaiting anxiety, stress and depression | $25,000 | |
| Greater Seacoast Community Health | ||||||||
| 8 Greenleaf Woods Drive | Portsmouth | NH | 03801 | N/A | PC | To provide health and support services in a community health center and mobile healthcare vans | $25,000 | |
| Joan G Lovering Health Center | ||||||||
| PO Box 456 | Greenland | NH | 03840 | N/A | PC | To support a reproductive and sexual health center in a supportive environment. | $25,000 | |
| Krempels Center | ||||||||
| 100 Campus Drive Suite 24 | Portsmouth | NH | 03801 | N/A | PC | An agency dedicated to improving the lives of people living with acquired brain injury | $25,000 | |
| NAMI New Hampshire | ||||||||
| 85 North Main Street | Concord | NH | 03301 | N/A | PC | To build better lives for those affected by mental illness. | $25,000 | |
| The Phoenix | ||||||||
| PO Box 240 | Rye Beach | NH | 03871 | N/A | PC | Support of sober active community through group activities to promote mental and physical well being to foster recovery from substance use disorder. | $12,500 | |
| Prescott Park Arts Festival | ||||||||
| PO Box 4370 | Portsmouth | NH | 03802 | N/A | PC | Provide accessibility to and inclusion in the performing arts for those who may not otherwise be able to participate. | $25,000 | |
| Red's Good Vibes Inc | ||||||||
| 70 Constitution Avenue 227 | Portsmouth | NH | 03801 | N/A | PC | Delivery support and food truck to provide nutritious meals for those in need | $12,500 | |
| Seacoast Community School | ||||||||
| 100 Campus Durive Suite 20 | Portsmouth | NH | 03801 | N/A | PC | Provide nurturing care and exceptional education for children. | $25,000 | |
| Seacoast Mental Health Center Inc | ||||||||
| 1145 Sagamore Avenue | Portsmouth | NH | 03801 | N/A | PC | Support comprehensive behavioral healthcare for all ages | $50,000 | |
| Southern NH Services | ||||||||
| 40 Pine Street | Manchester | NH | 03103 | N/A | PC | Provide literacy and self advocacy skills for adults | $25,000 | |
| Step Up Parents | ||||||||
| PO Box 1603 | Portsmouth | NH | 03802 | N/A | PC | Provide assistance for grandparents and/or other relatives caring for children when their biological parents cannot provide adequate care. | $12,500 | |
| White Pine Programs | ||||||||
| 170 Cider Hill Road | York | ME | 03909 | N/A | PC | Support for nature-based education programs and the cost of traveling forest camps | $25,000 | |
| Articine | ||||||||
| PO Box 1028 | Newfields | NH | 03856 | N/A | PC | Support delivery of empathetic and effective healthcare that embraces the arts to support healing and well-being for healthcare providers and their patients | $5,000 | |
| Portsmouth NH 400th | ||||||||
| 1 Junkins Avenue Box PNH 400 | Portsmouth | NH | 03801 | N/A | PC | Allow individuals of all ages to celebrate the diverse and animated social, political, intellectual, cultural, economic and spiritual history of Portsmouth | $10,000 | |
| Pine Tree Institute | ||||||||
| 206 Old Road | Eliot | ME | 03903 | N/A | PC | Support response to substance misuse | $30,000 | |
| Pinetree Institute- Youth Wellness | ||||||||
| 206 Old Road | Eliot | ME | 03903 | N/A | PC | Support programs that address mental and behavioral health issues resulting from childhood trauma. | $25,000 | |
| Arts in Reach (Terry Morton award) | ||||||||
| PO Box 236 | Portsmouth | NH | 03802 | N/A | PC | To address the unmet mental health needs of Seacoast youth, particularly those facing barriers to access such as inequities related to socio-economic level, race, ethnicity, gender identification, sexual orientation or ability | $25,000 | |
| Rockingham Visiting Nurses | ||||||||
| 137 Epping Road | Exeter | NH | 03833 | N/A | PC | Provide foot care clinics for Seacoast seniors | $12,827 | |
| Transportation Asst for Seacoast Citizens (TASC) | ||||||||
| 200 High Street | Hampton | NH | 03842 | N/A | PC | Helping people maintain health, independence and dignity by mobilizing volunteer drivers to provide rides to eligible residents of the NH Seacoast | $9,400 | |
| Portsmouth Music and Arts Center (PMAC) | ||||||||
| 973 Islington Street | Portsmouth | NH | 03801 | N/A | PC | Support music ensembles for older adults as a way of combating isolation and loneliness | $20,000 | |
| PHA Housing Development | ||||||||
| 245 Middle Street | Portsmouth | NH | 03801 | N/A | PC | Support community aging in place | $25,000 | |
| The Friends Program (RSVP) | ||||||||
| 130 Pembroke Road Suite 200 | Concord | NH | 03301 | N/A | PC | Senior volunteering within the community | $15,000 | |
| Rockingham Nutrition & Meals on Wheels | ||||||||
| 106 North Road | Brentwood | NH | 03833 | N/A | PC | Provide meals and more for older adults | $30,000 | |
| So ME Agency on Aging (SMAA) | ||||||||
| 30 Barra Road | Biddeford | ME | 04005 | N/A | PC | Improving mental health for vulnerable older seniors through social connectedness | $10,000 | |
| Vanguard Charitable | ||||||||
| PO Box 9509 | Warwick | RI | 028899509 | N/A | PC | Establish a donor advised fund to provide grants to support total health needs of the NH Seacoast Community | $9,279,792 | |
| Plymouth State University | ||||||||
| Univ Advancement MSC 50 17 High St | Plymouth | NH | 03264 | N/A | GOV | Support to student athletes | $1,000 | |
| Wentworth Senior Living | ||||||||
| 346 Pleasant Street | Portsmouth | NH | 03801 | N/A | PC | To help support seniors in independent living | $500 | |
| The Chase Home for Children | ||||||||
| 698 Middle Road | Portsmouth | NH | 03801 | N/A | POF | To support residential treatment, home based and independent living programs for adolescent and families along with community diversion program | $500 | |
| Society of Interventional Radiology Fund | ||||||||
| 3975 Fair Ridge Drive Suite 400 | Fairfax | VA | 22033 | N/A | PC | To improve public health through the use of minimally invasive, image-guided therapeutic interventions for disease management. | $1,000 | North |
| Friends Forever | ||||||||
| 1 Morgan Way | Durham | NH | 03824 | N/A | PC | To help build a better world by empowering youth | $1,000 | |
| Seacoast Cancer Center-Wentworth Douglass Hospital | ||||||||
| 789 Central Avenue | Dover | NH | 03820 | N/A | PC | To support patients and families during treatment | $250 | |
| Emily Locandro | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | N/A | I | Scholarship for medical education | $7,500 | |
| Jillian Carr | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | N/A | I | Scholarship for medical education | $5,000 | |
| Lilia Potter-Schwartz | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | N/A | I | Scholarship for medical education | $5,000 | |
| Sarah Morin | ||||||||
| PO Box 670 | Portsmouth | NH | 03802 | N/A | I | Scholarship for medical education | $2,500 | |
| Gather | ||||||||
| 210 West Road | Portsmouth | NH | 03801 | N/A | PC | To support mobile food programs | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,074,769 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Clay Soper Memorial Fund | |||||||
| 233 Main Street | Winchester | MA | 01890 | N/A | PC | To support teens and families in the New Hampshire Seacoast area about the risks associated with the misuse and abuse of prescription drugs. | $12,500 |
| Connor's Climb Foundation | |||||||
| PO Box 283 | Exeter | NH | 03833 | N/A | PC | To provide suicide prevention education to New Hampshire youth and the community. | $12,500 |
| Pine Tree Institute | |||||||
| 206 Old Road | Eliot | ME | 03903 | N/A | PC | Support programs that address mental and behavioral health issues resulting from childhood trauma. | $25,000 |
| Red's Good Vibes Inc | |||||||
| 70 Constitution Avenue 227 | Portsmouth | NH | 03801 | N/A | PC | Delivery support and food truck services to provide nutritious meals for those in need | $12,500 |
| Step Up Parents | |||||||
| PO Box 1603 | Portsmouth | NH | 03802 | N/A | PC | Provide assistance for grandparents and/or other relatives caring for children when their biological parents cannot provide adequate care. | $12,500 |
| The Phoenix | |||||||
| PO Box 240 | Rye Beach | NH | 03871 | N/A | PC | Support of sober active community through group activities to promote mental and physical well being to foster recovery from substance use disorder. | $12,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $87,500 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Community Campus Rent | Desc |
| Related Or Exempt Function Incm | $116,876 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,848 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $515,353 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $3,134 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,738,886 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income from Passthroughs | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$39 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $380 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $3,095 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,259,467 | ExclusionAmt |
| Related Or Exempt Function Incm | $116,876 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,379,438 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | The Foundation is committed to ensuring that the health needs and well being of the community are met. Revenue is used in part to support 501(c)(3) organizations who are committed to improving health and well-being of residents in the Foundation's service area (Portsmouth, Newington, New Castle, Greenland, Rye, and North Hampton, NH; and Kittery, Eliot, and York, Maine). | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Services | CategoryTxt |
| Amt | $22,758 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $22,583 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Vanguard Charitable | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 9509 | AddressLine1Txt |
| City | Warwick | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 028899509 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | June 2, 2022 - Cash of $4,200,000June 17, 2022 - 16,436.55 Shares of Boston Common ESG Impact Intl. with a FMV of $452,498.22June 17, 2022 - 71,884.98 Shares of Brookfield Global Listed Real Estate I with a FMV of $800,798.68June 17, 2022 - 11,587.49 Shares of FPA Crescent with a FMV of $369,525.06June 17, 2022 - 41,623.31 Shares of Loomis Sayles Strategic Alpha Y with a FMV of $388,345.48June 17, 2022 - 76,614.37 Shares of Vanguard FTSE Social Index I with a FMV of $1,868,624.48September 7, 2022 - Cash of $1,200,000 | ShortExplanationTxt |
| Dissolution | $9,279,792 | DissolutionAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| Form 990-PF, Part II, Line 14: Land, Buildings & Equipment | Section 1.263(a)-3(n) Election:Foundation for Seacoast HealthPO Box 670Portsmouth, NH 03802EIN: 02-0386319Foundation for Seacoast Health is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). |
| Form 990-PF, Part I, Line 25, Column (a)Contributions, gifts, grants paid | Organization: Foundation for Seacoast HealthTIN: 02-0386319Tax Year Ended: December 31, 2022Form 990-PF, Part I, Line 25, Column (a)Contributions, gifts, grants paid1. Date of distribution: June 17, 20222. Description of property: 16,436.55 Shares of Boston Common ESG Impact Intl. 3. Book value: $489,064.01Method for determining book value: Tax Cost4. Fair market value: $452,498.22Method for determining fair market value: Stock Market QuoteForm 990-PF, Part I, Line 25, Column (a)Contributions, gifts, grants paid1. Date of distribution: June 17, 20222. Description of property: 71,884.98 Shares of Brookfield Global Listed Real Estate I3. Book value: $818,504.73Method for determining book value: Tax Cost4. Fair market value: $800,798.68Method for determining fair market value: Stock Market QuoteForm 990-PF, Part I, Line 25, Column (a)Contributions, gifts, grants paid1. Date of distribution: June 17, 20222. Description of property: 11,587.49 Shares of FPA Crescent3. Book value: $385,491.89Method for determining book value: Tax Cost4. Fair market value: $369,525.06Method for determining fair market value: Stock Market QuoteForm 990-PF, Part I, Line 25, Column (a)Contributions, gifts, grants paid1. Date of distribution: June 17, 20222. Description of property: 41,623.31 Shares of Loomis Sayles Strategic Alpha Y3. Book value: $392,426Method for determining book value: Tax Cost4. Fair market value: $388,345.48Method for determining fair market value: Stock Market QuoteForm 990-PF, Part I, Line 25, Column (a)Contributions, gifts, grants paid1. Date of distribution: June 17, 20222. Description of property: 76,614.37 Shares of Vanguard FTSE Social Index I3. Book value: $1,523,374.65Method for determining book value: Tax Cost4. Fair market value: $1,868,624.48Method for determining fair market value: Stock Market Quote |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 171,487.252 Shares of Blackrock Strategic Inco | FMV | $1,577,683 | $1,577,683 |
| 123,919.1810 Shares of Loomis Sayles Strategic Alpha | FMV | $1,130,143 | $1,130,143 |
| 206,344.9810 Shares of TIAA-CREF Core Impact Bond Instl | FMV | $1,822,026 | $1,822,026 |
| 56,241.1650 Shares of Vanguard Infl Protected Security | FMV | $1,301,983 | $1,301,983 |
| 174,245.66 Shares of Vanguard Intermed Term Treasury | FMV | $1,732,002 | $1,732,002 |
| 68,571.3790 Shares of Boston Common ESG Impact Fund | FMV | $1,976,913 | $1,976,913 |
| 112,563.2850 Shares of Brookfield Global Listed Real Estate-Y | FMV | $1,212,307 | $1,212,307 |
| 45,052.759 Shares of FPA Crescent Fund | FMV | $1,502,059 | $1,502,059 |
| 121,694.8360 Shares of John Hancock Seaport Long-Short | FMV | $1,321,606 | $1,321,606 |
| 112,606.4160 Shares of Johcm International Select I | FMV | $2,253,254 | $2,253,254 |
| 18,215.7840 Shares of T. Rowe Price Balanced Fund | FMV | $404,755 | $404,755 |
| 2,742.9040 Shares of Vanguard Balanced | FMV | $108,756 | $108,756 |
| 207,868.6860 Shares of Vanguard FTSE Social Index | FMV | $5,200,874 | $5,200,874 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Equipment, Furnitures & Fixtures | CategoryOrItemTxt |
| Cost Or Other Basis | $11,415 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $2,283 | AccumulatedDepreciationAmt |
| Book Value | $9,132 | BookValueAmt |
| EOYFMV | $9,132 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | During 2022, the Foundation for Seacoast Health made distributions of assets from sources other than current income to Vanguard Charitable as described in Statement 15. Such distributions represented 26% of Foundation for Seacoast Health's net assets of $36,230,182 (as measured by fair market value) at the beginning of 2022. Vanguard Charitable is exempt from taxes under IRC Sec. 501(c)(3) and is a public charity as defined in IRC Sec. 170(b)(1)(A)(vi). It is not controlled (directly or indirectly) by Foundation for Seacoast Health or any disqualified persons with respect to Foundation for Seacoast Health. The distribution was made to establish a fund to provide grants to support the total health needs of the NH Seacoast Community. However, Vanguard Charitable is under no obligation to use the funds in a manner that will directly benefit Foundation for Seacoast Health. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $29,842 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $31,750 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Compensation | Desc |
| BOY Book Value | $115,519 | BOYBookValueAmt |
| EOY Book Value | $118,306 | EOYBookValueAmt |
| EOYFMV | $118,306 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Losses on Investments | Desc |
| Amt | $7,042,158 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Supplies - Facility | $109 | $0 | $0 | $109 |
| Communications | $6,664 | $0 | $0 | $6,664 |
| Workers Compensation - CC | $1,540 | $0 | $0 | $1,540 |
| Office Expenses | $6,274 | $0 | $0 | $5,676 |
| Miscellaneous Expenses | $743 | $0 | $0 | $743 |
| Insurance | $10,747 | $0 | $0 | $10,747 |
| NH State Filing Fee | $75 | $0 | $0 | $75 |
| Other Portfolio Deductions from Passthroughs | $1,083 | $1,083 | $0 | $0 |
| Environmental Remediation | $45,798 | $0 | $0 | $45,798 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Community Campus Rent | $116,876 | $116,876 | $116,876 |
| Other Investment Income from Passthroughs | $341 | $380 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Income from Passthrough K-1s | Desc |
| Amt | $26,782 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Compensation Payable | Desc |
| BOY Book Value | $115,519 | BOYBookValueAmt |
| EOY Book Value | $118,306 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Investment Consultant | $40,000 | $40,000 | $0 | $0 |
| Benefits/Payroll Administrator | $3,075 | $0 | $0 | $3,071 |
| Consultants | $42,530 | $0 | $0 | $34,702 |
| IT Fees | $42,674 | $0 | $0 | $42,674 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Federal Taxes | $57,005 | $0 | $0 | $0 |
| Foreign Taxes | $14 | $14 | $0 | $0 |
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