CUMMINGS FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CUMMINGS FOUNDATION INC (EIN 04-3073023)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349104772
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T12:40:37-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 WOOD AVENUE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08830 | 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 | 043073023 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cummings Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % WILLIAM F GRANT | InCareOfNm |
| Business Name Control | CUMM | BusinessNameControlTxt |
| Phone | 7819358000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 West Cummings Park | AddressLine1Txt |
| City | Woburn | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01801 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | william s Cummings | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7819358000 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | william s | PersonFirstNm |
| Person Last | Cummings | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL SALES | PreparerPersonNm |
| PTIN | P01770943 | PTIN |
| Phone | 7325164200 | PhoneNum |
| Preparation | 2023-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $2,568,302,446 | 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 | $3,756,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $19,619,383 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $19,619,383 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $19,619,383 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $98,838 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $98,838 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $98,838 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $75,292 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $77,187,762 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $189,650,670 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $73,511,800 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $210,145,010 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $93,008,602 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $211,161,060 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $310,806,993 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $186,238,623 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $230,879,281 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $513,628 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $513,628 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $58,161,964 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $58,298,535 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,366,668 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,474,088 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $95,186 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $48,638 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $5,546 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $5,546 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,162,460 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $347,408 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $511,888 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $511,888 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $4,290,116 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $4,285,471 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $82,189,104 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $28,879,581 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $6,779 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $53,112,920 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $150,296,560 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $29,226,989 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $518,667 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $117,738,826 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $37,022,600 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $17,313 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $187,319,160 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $29,226,989 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $518,667 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $117,756,139 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $123,487,833 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $157,011,634 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $230,360,614 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,096,435 | CashBOYAmt |
| Cash EOY | $2,606,319 | CashEOYAmt |
| Cash EOYFMV | $2,606,319 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $25,067,354 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $15,103,044 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $15,103,044 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $8,215,439 | AcctRcvblAmt |
| Acct Rcvbl BOY | $3,724,712 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $8,215,439 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $8,215,439 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $32,521 | InventoriesBOYAmt |
| Inventories EOY | $32,828 | InventoriesEOYAmt |
| Inventories EOYFMV | $32,828 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $741,330 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $387,817 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $387,817 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $435,770,270 | CorporateStockBOYAmt |
| Corporate Stock EOY | $461,696,851 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $649,879,711 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,318,578,074 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,476,338,494 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,885,991,277 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $16,258,227 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,172,216 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,084,101 | LandBOYAmt |
| Land EOY | $6,086,011 | LandEOYAmt |
| Land EOYFMV | $6,086,011 | LandEOYFMVAmt |
| Total Assets BOY | $1,791,094,797 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,970,466,803 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,568,302,446 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,318,221 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,968,753 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $32,029,133 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $35,642,774 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $33,347,354 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,611,527 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,757,747,443 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,932,855,276 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,757,747,443 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,932,855,276 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,791,094,797 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,970,466,803 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,757,747,443 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $123,487,833 | ExcessRevenueOverExpensesAmt |
| Other Increases | $51,620,000 | OtherIncreasesAmt |
| Subtotal | $1,932,855,276 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,932,855,276 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (55 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - SHORT TERM | P | $34,677,990 | $37,830,903 | -$3,152,913 | -$3,152,913 |
| PUBLICLY TRADED SECURITIES - LONG TERM | P | $94,428,277 | $74,318,344 | $20,109,933 | $20,109,933 |
| M LYNCH SLP V | P | $192,954 | $192,954 | $192,954 | |
| M LYNCH SLP VI | P | $512 | $512 | $512 | |
| M LYNCH ORBIMED | P | $928,527 | $928,527 | $928,527 | |
| KKR | P | $614,113 | $614,113 | $614,113 | |
| APOLLO INVESTMENT FUND IX, LP | P | $86,479 | $86,479 | $86,479 | |
| APOLLO INVESTMENT FUND IX, LP | P | $133,622 | $133,622 | $133,622 | |
| APOLLO INVESTMENT FUND IX, LP SEC 1256 | P | $4,283 | -$4,283 | -$4,283 | |
| CARLYLE EUROPE PARTNERS V, C.C.SP. | P | $30,557 | $30,557 | $30,557 | |
| CARLYLE EUROPE PARTNERS V, C.C.SP. | P | $230 | $230 | $230 | |
| COMMONFUND CAPITAL INTERNATIONAL PARTNERS VII LP | P | $1,652 | $1,652 | $1,652 | |
| COMMONFUND CAPITAL INTERNATIONAL PARTNERS VII LP | P | $138,385 | $138,385 | $138,385 | |
| COMMONFUND CAPITAL NATURAL RESOURCES IX LP | P | $10,379 | -$10,379 | -$10,379 | |
| COMMONFUND CAPITAL NATURAL RESOURCES IX LP | P | $112,217 | -$112,217 | -$112,217 | |
| COMMONFUND CAPITAL NATURAL RESOURCES IX LP SEC 1231 | P | $200,904 | $200,904 | $200,904 | |
| COMMONFUND CAPITAL NATURAL RESOURCES IX LP SEC 1256 | P | $1,955 | -$1,955 | -$1,955 | |
| COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VIII LP | P | $4,539 | $4,539 | $4,539 | |
| COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VIII LP | P | $388,590 | $388,590 | $388,590 | |
| COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VIII LP SEC 1231 | P | $15,833 | $15,833 | $15,833 | |
| COMMONFUND CAPITAL VENTURE PARTNERS IX LP | P | $8,034 | $8,034 | $8,034 | |
| COMMONFUND CAPITAL VENTURE PARTNERS IX LP | P | $612,342 | $612,342 | $612,342 | |
| COMMONFUND GLOBAL DISTRESSED INVESTORS LLC | P | $128 | -$128 | -$128 | |
| COMMONFUND GLOBAL DISTRESSED INVESTORS LLC | P | $1,707,625 | -$1,707,625 | -$1,707,625 | |
| COMMONFUND STRATEGIC SOLUTIONS GLOBAL EQUITY LLC | P | $4,520,850 | $4,520,850 | $4,520,850 | |
| COMMONFUND STRATEGIC SOLUTIONS GLOBAL EQUITY LLC | P | $6,260,098 | $6,260,098 | $6,260,098 | |
| COMMONFUND STRATEGIC SOLUTIONS GLOBAL EQUITY LLC SEC 1256 | P | $63,874 | $63,874 | $63,874 | |
| CRESCENT MEZZANINE PARTNERS VIIB, L.P. | P | $3,452 | $3,452 | $3,452 | |
| CRESCENT MEZZANINE PARTNERS VIIB, L.P. | P | $50,464 | -$50,464 | -$50,464 | |
| CUMMINGS FOUNDATION PRIVATE CAPITAL FUND, LP | P | $282,372 | $282,372 | $282,372 | |
| CUMMINGS FOUNDATION PRIVATE CAPITAL FUND, LP | P | $33,090,693 | $33,090,693 | $33,090,693 | |
| CUMMINGS FOUNDATION PRIVATE CAPITAL FUND, LP SEC 1231 | P | $471,079 | $471,079 | $471,079 | |
| CUMMINGS FOUNDATION PRIVATE CAPITAL FUND, LP SEC 1256 | P | $39,092 | -$39,092 | -$39,092 | |
| HIGHLAND CAPITAL PARTNERS 10 | P | $130,463 | $130,463 | $130,463 | |
| PROVIDENCE EQUITY PARTNERS VII LP | P | $2,553,886 | $2,553,886 | $2,553,886 | |
| PROVIDENCE EQUITY PARTNERS VIII LP | P | $1,148,385 | $1,148,385 | $1,148,385 | |
| STRATEGIC PARTNERS VIII, L.P. | P | $63,923 | $63,923 | $63,923 | |
| STRATEGIC PARTNERS VIII, L.P. | P | $1,875,604 | $1,875,604 | $1,875,604 | |
| STRATEGIC PARTNERS VIII, L.P. SEC 1231 | P | $15,127 | $15,127 | $15,127 | |
| STRATEGIC PARTNERS VIII, L.P. SEC 1256 | P | $2,712 | $2,712 | $2,712 | |
| TPG HEALTHCARE PARTNERS, LP | P | $350 | $350 | $350 | |
| TPG PARTNERS VIII, LP | P | $82 | $82 | $82 | |
| WCAS XIII, LP | P | $4,547,531 | $4,547,531 | $4,547,531 | |
| TPG VIII DE AIV I-A, L.P. | P | $177,421 | $177,421 | $177,421 | |
| TPG HC DE AIV I, L.P. | P | $1,110,508 | $1,110,508 | $1,110,508 | |
| HUNTER POINT CAPITAL INVESTORS (OFFSHORE) LP | P | $58 | $58 | $58 | |
| HUNTER POINT CAPITAL INVESTORS (OFFSHORE) LP | P | $76 | $76 | $76 | |
| HUNTER POINT CAPITAL INVESTORS (OFFSHORE) LP SEC 1231 | P | $4 | -$4 | -$4 | |
| AP IX (PMC WARRANT AIV), L.P. | P | $75,181 | $75,181 | $75,181 | |
| COMMONFUND STRATEGIC DIRECT SERIES LLC | P | $495,872 | -$495,872 | -$495,872 | |
| COMMONFUND STRATEGIC DIRECT SERIES LLC | P | $101,586 | -$101,586 | -$101,586 | |
| US RESEARCH EQUITY EXTENDED FUND, L.P. | P | $12,331,878 | -$12,331,878 | -$12,331,878 | |
| US RESEARCH EQUITY EXTENDED FUND, L.P. | P | $12,310,775 | $12,310,775 | $12,310,775 | |
| US RESEARCH EQUITY EXTENDED FUND, L.P. SEC 1256 | P | $254,196 | -$254,196 | -$254,196 | |
| COMMONFUND SSGA MSCI NON K1 | $397,314 | -$397,314 | -$397,314 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $73,511,800 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$10,858,791 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,182,462 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,182,462 | SubtotalAmt |
| Tax Based On Investment Income | $2,182,462 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,800,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $700,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,500,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $82 | EsPenaltyAmt |
| Overpayment | $317,456 | OverpaymentAmt |
| Applied To ES Tax | $317,456 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | http://www.cummingsfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM F GRANT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7819358000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST CUMMINGS PARK | AddressLine1Txt |
| City | WOBURN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (27 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 |
|---|---|---|---|---|---|---|---|---|
| Joyce M Cummings | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | TRUSTEE & TREASURER | 1.0 | $0 | $0 | $0 |
| Patricia A Cummings PSY D | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | TRUSTEE & Vice President | 1.0 | $0 | $0 | $0 |
| William S Cummings | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | TRUSTEE & PRESIDENT | 1.0 | $0 | $0 | $0 |
| Steven Disalvo | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Trustee | 1.0 | $0 | $0 | $0 |
| Anthony P Monaco MD PHD | ||||||||
| Tufts University | Medford | MA | 02155 | Trustee | 1.0 | $0 | $0 | $0 |
| HON Margot Botsford | ||||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | Trustee | 1.0 | $0 | $0 | $0 |
| Paul C Casey | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Trustee | 1.0 | $0 | $0 | $0 |
| Carol A Donovan | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Trustee | 1.0 | $0 | $0 | $0 |
| DEBORAH T KOCHEVAR DVM PHD | ||||||||
| TUFTS UNIVERSITY | MEDFORD | MA | 02155 | Trustee (THRU 7/2022) | 1.0 | $0 | $0 | $0 |
| Marilyn Cummings Morris MD MPH | ||||||||
| Childrens Hospital | New York | NY | 10001 | Trustee | 1.0 | $0 | $0 | $0 |
| Richard C Ockerbloom | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Trustee | 1.0 | $0 | $0 | $0 |
| Arlan F Fuller MD | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Trustee | 1.0 | $0 | $0 | $0 |
| Thomas Pappas | ||||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| David Harris PHD | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Trustee | 1.0 | $0 | $0 | $0 |
| ERIC S ANDERSON | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| DENNIS A CLARKE | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| WILLIAM F GRANT | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| CHRISTINE COAKLEY | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | EXEC DIRECTOR, NHC | 50.0 | $149,890 | $36,187 | $0 |
| Marie Connoly | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Exec Director, NHM | 50.0 | $180,918 | $16,356 | $30,000 |
| Joyce Vyriotes | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Exec Dir & Clerk | 30.0 | $0 | $0 | $0 |
| Laura Hiller | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Deputy Dir & Asst Clerk | 50.0 | $97,075 | $3,203 | $0 |
| AISHA FRANCIS PHD | ||||||||
| Benjamin Franklin Cummings Institut | BOSTON | MA | 02116 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| Robert Keefe Esq | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | Trustee (AS OF 1/2022) | 1.0 | $0 | $0 | $0 |
| Jack Connors Jr | ||||||||
| Connors Family Office | BOSTON | MA | 01801 | Trustee (AS OF 1/2022) | 1.0 | $0 | $0 | $0 |
| Agnes Binagwaho M D PhD | ||||||||
| 200 West Cummings Park | Woburn | MA | 01801 | TRUSTEE (AS OF 4/2022) | 1.0 | $0 | $0 | $0 |
| IOANNIS MIAOULIS PHD | ||||||||
| Roger Williams University | BRISTOL | RI | 02809 | TRUSTEE (AS OF 4/2022) | 1.0 | $0 | $0 | $0 |
| JOHN KEENAN J D | ||||||||
| SALEM STATE UNIVERSITY | SALEM | MA | 01970 | TRUSTEE (AS OF 7/2022) | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| KARA MURPHY | ||||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | SR. ACCOUNT MANAGER | 50.0 | $177,290 | $16,685 | $0 |
| DAVID HARVEY | ||||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | ACCOUNT MANAGER | 50.0 | $174,537 | $12,474 | $0 |
| MICHAEL DONAGHEY | ||||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | TEAM LEADER | 50.0 | $164,412 | $29,228 | $0 |
| BRANDON ADAMS | ||||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | TEAM LEADER | 50.0 | $159,609 | $5,318 | $0 |
| MICHAEL RAHN | ||||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | ASSOC. DIVISION MGR | 50.0 | $145,359 | $11,101 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 96 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| COMMONFUND | |||||
| 15 OLD DANBURY ROAD | WILTON | CT | 068970812 | INVESTMENT SVCS | $2,374,115 |
| Aveanna Healthcare | |||||
| 238 Littleton Rd | WESTFORD | MA | 01886 | ASSISTED LIVING | $1,762,675 |
| MERRILL LYNCH TRUST CO | |||||
| ONE FEDERAL STREET | BOSTON | MA | 02134 | INVESTMENT SVCS | $1,710,606 |
| Strategic Partners VIII LP | |||||
| 345 Park Avenue 12th Floor | NEW YORK | NY | 10154 | INVESTMENT SVCS | $1,277,194 |
| Mary Ann Morse at New Horizons | |||||
| 747 Water Street | FRAMINGHAM | MA | 01701 | Assisted Living | $598,988 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 3 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SEE GENERAL EXPLANATION ATTACHMENT - CUMMINGS SCHOOL OF VETERINARY MEDICINE | Description1Txt |
| Expenses1 | $87,546,442 | Expenses1Amt |
| Description2 | SEE GENERAL EXPLANATION ATTACHMENT - NEW HORIZONS AT MARLBOROUGH | Description2Txt |
| Expenses2 | $13,105,652 | Expenses2Amt |
| Description3 | SEE GENERAL EXPLANATION ATTACHMENT - CHS, LLC AT ENDICOTT COLLEGE | Description3Txt |
| Expenses3 | $12,098,499 | Expenses3Amt |
| Description4 | SEE GENERAL EXPLANATION ATTACHMENT - NEW HORIZONS AT CHOATE | Description4Txt |
| Expenses4 | $5,032,115 | Expenses4Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,079,683,750 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,987,471 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $543,077,681 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,629,748,902 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,629,748,902 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $39,446,234 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,590,302,668 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $129,515,133 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $117,756,139 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $518,781 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $118,274,920 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1990-04-27 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $129,515,133 | CurrentYearAmt |
| Year1 | $114,953,729 | Year1Amt |
| Year2 | $85,232,250 | Year2Amt |
| Year3 | $74,899,506 | Year3Amt |
| Total | $404,600,618 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $110,087,863 | CurrentYearAmt |
| Year1 | $97,710,670 | Year1Amt |
| Year2 | $72,447,413 | Year2Amt |
| Year3 | $63,664,580 | Year3Amt |
| Total | $343,910,526 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $118,274,920 | CurrentYearAmt |
| Year1 | $98,747,853 | Year1Amt |
| Year2 | $91,132,818 | Year2Amt |
| Year3 | $92,048,897 | Year3Amt |
| Total | $400,204,488 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $22,600 | CurrentYearAmt |
| Year1 | $8,823 | Year1Amt |
| Year2 | $117,250 | Year2Amt |
| Year3 | $127,495 | Year3Amt |
| Total | $276,168 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $118,252,320 | CurrentYearAmt |
| Year1 | $98,739,030 | Year1Amt |
| Year2 | $91,015,568 | Year2Amt |
| Year3 | $91,921,402 | Year3Amt |
| Total | $399,928,320 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Assets | TotalAssetsGrp |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $86,343,422 | CurrentYearAmt |
| Year1 | $76,635,819 | Year1Amt |
| Year2 | $56,821,500 | Year2Amt |
| Year3 | $49,933,004 | Year3Amt |
| Total | $269,733,745 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WILLIAM S CUMMINGS PATRICIA A CU | ContributingManagerNm |
| Contributing Manager | JOYCE CUMMINGS AND JASON Z MORRIS | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ST CHARLES BORROMEO PARISH | |||||||
| 280 MAIN STREET | WOBURN | MA | 01801 | N/A | PC | Community Welfare Program | $5,000 |
| ALZHEIMER'S ASSOCIATION | |||||||
| 309 WAVERLY OAKS RD | WALTHAM | MA | 02452 | N/A | PC | HEALTH RESEARCH AND PROGRAMS | $2,600 |
| DANA-FARBER CANCER INSTITUTE | |||||||
| 10 BROOKLINE PLACE WEST 6TH FL | BROOKLINE | MA | 02445 | N/A | PC | HEALTH RESEARCH AND PROGRAMS | $10,000 |
| FRIENDS FOREVER | |||||||
| 1 MORGAN WAY | DURHAM | NH | 038243310 | N/A | PC | LEADERSHIP PROGRAMS | $1,000 |
| WINCHESTER SENIORS ASSOCIATION INC | |||||||
| 109 SKILLINGS ROAD | WINCHESTER | MA | 018902884 | N/A | PC | ELDER SERVICES | $1,000 |
| MEDFORD JINGLE BELL FESTIVAL | |||||||
| 74 HIGH STREET | MEDFORD | MA | 02155 | N/A | PC | COMMUNITY HEALTHCARE PROGRAM | $1,000 |
| WINCHESTER FOUNDATION FOR EDUCATIONAL EXCELLENCE | |||||||
| PO BOX 1005 | WINCHESTER | MA | 01890 | N/A | PC | EDUCATIONAL PROGRAMMING | $1,000 |
| WINCHESTER PUBLIC LIBRARY | |||||||
| 80 WASHINGTON STREET | WINCHESTER | MA | 01890 | N/A | PC | EDUCATIONAL PROGRAMMING | $1,000 |
| Oneworld Boston Inc | |||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | PF | TRANSFER WAS MADE FOR ENDOWMENT PURPOSES | $37,000,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $37,022,600 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| SENIOR FACILITY REVENUE | $20,921,309 |
| HOME HEALTH CARE REVENUE | $2,381,250 |
| CUMMINGS HEALTH SCIENCES, LLC | $94,833,047 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $19,619,383 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $75,292 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $93,002,050 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $3,706,919 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $73,480,843 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| VENDING INCOME | 01 | $23,404 | ||
| FLOW-THROUGH PARTNERSHIP LOSSES | 901101 | -$1,022,602 | ||
| BOOK SALES INCOME | 01 | $6,552 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $2,684,317 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $186,207,524 | ExclusionAmt |
| Related Or Exempt Function Incm | $118,135,606 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $307,027,447 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1A | PART OF THE PRIMARY EXEMPT PURPOSE OF CUMMINGS FOUNDATION IS TO OPERATE TWO NOT-FOR PROFIT RESIDENTIAL INDEPENDENT AND ASSISTED LIVING FACILITIES FOR SENIORS. SENIOR FACILITY REVENUE IS INCOME FROM THE OPERATION OF SUCH FACILITIES. |
| 1B | PART OF THE PRIMARY EXEMPT PURPOSE OF CUMMINGS FOUNDATION IS TO PROVIDE HOME HEALTH CARE TO SENIORS. HOME HEALTH CARE REVENUE IS INCOME FROM THE PROVISION OF SUCH CARE TO SENIORS. |
| 1C | CUMMINGS FOUNDATION ENTERED INTO A LONG-TERM AGREEMENT WITH TUFTS UNIVERSITY IN 2004 TO OPERATE ITS VETERINARY SCHOOL THROUGH A SUBSIDIARY CALLED Cummings Health Sciences, LLC (FKA Veterinary School at Tufts, LLC.) DURING THE TERM OF THE AGREEMENT, CUMMINGS FOUNDATION WILL CONTRIBUTE AT LEAST $50 MILLION TO SUPPORT THE RENAMED CUMMINGS SCHOOL OF VETERINARY MEDICINE. THE IRS ISSUED A PRIVATE LETTER RULING ON MAY 6, 2004, CONFIRMING THAT THE EXPENDITURES DIRECTED TO TUFTS UNIVERSITY AND THE EXPENSES CUMMINGS FOUNDATION INCURS IN OPERATING THE CUMMINGS SCHOOL CONSTITUTE QUALIFIED DISTRIBUTIONS DIRECTLY FOR THE ACTIVE CONDUCT OF CUMMINGS FOUNDATION'S EXEMPT PURPOSES. |
| 1D | Cummings Foundation, Inc. entered into a long-term agreement with Endicott College effective January 1, 2022, to operate the Cummings School of Nursing and Health Sciences (CSNHS) on Endicott College's campus through a subsidiary called Cummings Health Sciences, LLC (CHSL). The manner of operation of CSNHS by CHSL is virtually identical to CHSL's operation of Cummings School of Veterinary Medicine at Tufts University, approved in a letter ruling issued by the IRS on May 6, 2004. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | Yes (true) | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail (2 entries)
| Line NumberLineNumberTxt | InvolvedInvolvedAmt | Transfers Trans And Shr ArrngmTransfersTransAndShrArrngmDesc |
|---|---|---|
| HEM REALTY INC | ||
| 1b(3) | $0 | SEE ATTACHED |
| NHC REALTY INC | ||
| 1b(3) | $0 | SEE ATTACHED |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail (2 entries)
| Organization TypeOrganizationTypeDesc | Relationship DescriptionRelationshipDescriptionTxt |
|---|---|
| HEM REALTY INC | |
| 501(C)(2) | A DIVISION OF CFI |
| NHC REALTY INC | |
| 501(C)(2) | A DIVISION OF CFI |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| William S Cummings | ||||||
| 1 | 200 West Cummings Park | Woburn | MA | 01801 | $3,600,000 | Yes (X) |
| Kevin Cummings | ||||||
| 2 | 200 West Cummings Park | Woburn | MA | 01801 | $130,000 | Yes (X) |
| Knutrud Family Giving Fund | ||||||
| 3 | 245 Summer Street | BOSTON | MA | 02210 | $26,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $95,186 | Amt |
| Disbursements Charitable Prps | $48,638 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| SUMMARY OF DIRECT CHARITABLE ACTIVITIES | SUMMARY OF DIRECT CHARITABLE ACTIVITIES | FORM 990-PF, PART VIII-A CUMMINGS SCHOOL OF VETERINARY MEDICINE - $87,546,442. CUMMINGS FOUNDATION ENTERED INTO A LONG-TERM AGREEMENT WITH TUFTS UNIVERSITY in 2004 TO OPERATE ITS VETERINARY SCHOOL THROUGH A SUBSIDIARY CALLED Cummings Health Sciences, LLC (FKA Veterinary School At Tufts, LLC). DURING THE TERM OF AGREEMENT, CUMMINGS FOUNDATION WILL CONTRIBUTE AT LEAST $50 MILLION TO SUPPORT THE RENAMED CUMMINGS SCHOOL OF VETERINARY MEDICINE. THE IRS ISSUED A LETTER RULING ON MAY 6, 2004, CONFIRMING THAT THE EXPENDITURES DIRECTED TO TUFTS UNIVERSITY AND THE EXPENSES CUMMINGS FOUNDATION INCURS IN OPERATING THE CUMMINGS SCHOOL CONSTITUTE QUALIFIED DISTRIBUTIONS DIRECTLY FOR THE ACTIVE CONDUCT OF CUMMINGS FOUNDATION'S EXEMPT PURPOSES. NEW HORIZONS AT MARLBOROUGH - $13,105,652. ESTABLISHED IN 1993 AND ACCOMMODATES APPROXIMATELY 500 RESIDENTS AT ITS MARLBOROUGH, MASSACHUSETTS CAMPUS. THE FACILITY HAS THE ABILITY TO ACCOMMODATE ACTIVE AND INDEPENDENT SENIORS, SENIORS REQUIRING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING (ASSISTED LIVING RESIDENTS) AND SENIORS SUFFERING FROM ALZHEIMER'S DISEASE. Cummings School of Nursing and Health Sciences $12,098,499. Cummings Foundation, Inc. entered into a long-term agreement with Endicott College effective January 1, 2022, to operate the Cummings School of Nursing and Health Sciences (CSNHS) on Endicott College's campus through a subsidiary called Cummings Health Sciences, LLC (CHSL). During the term of the agreement and in accordance therewith, the building housing CSNHS is leased by CHSL, and CSNHS's revenues and expenses are accounted for by CHSL. The manner of operation of CSNHS by CHSL is virtually identical to CHSL's operation of Cummings School of Veterinary Medicine at Tufts University, approved in a letter ruling issued by the IRS on May 6, 2004. NEW HORIZONS AT CHOATE - $5,032,115. ESTABLISHED IN 1990 AND ACCOMMODATES 125 SENIORS. THE FACILITY IS LOCATED IN WOBURN, MA. FORMERLY THE CHOATE MEMORIAL HOSPITAL PROPERTY, THIS PROPERTY WAS CONVERTED TO A RETIREMENT COMMUNITY WHICH INCLUDES SUITES FOR INDEPENDENT LIVING AND ASSISTED LIVING UNITS. THE FACILITY HAS THE ABILITY TO ACCOMMODATE ACTIVE AND INDEPENDENT SENIORS, SENIORS REQUIRING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING (ASSISTED LIVING RESIDENTS) AND SENIORS SUFFERING FROM ALZHEIMER'S DISEASE. |
| DESCRIPTION OF RENTAL OF FACILITIES | DESCRIPTION OF RENTAL OF FACILITIES | FORM 990-PF, PART XVI, LINE 1D REPORTING ORGANIZATION HAS A DIVISION CALLED NEW HORIZONS AT MARLBOROUGH, LLC (EIN: 75-3031923) ("NHM"). NHM IS LESSEE OF REAL PROPERTY FROM HEM REALTY, INC. (EIN: 30-0553220) ("HEM REALTY"), WHICH IT USES IN OPERATIONS. HEM REALTY IS A 501(C)(2) TITLE HOLDING COMPANY THAT IS RELATED TO REPORTING ORGANIZATION. BECAUSE HEM REALTY HOLDS TITLE FOR REPORTING ORGANIZATION, AND CONSISTENT WITH ITS PURPOSES WOULD TURN OVER ANY RENT IT COLLECTS TO REPORTING ORGANIZATION, HEM REALTY WAIVES PAYMENT OF RENT FROM REPORTING ORGANIZATION'S DIVISION, NHM. REPORTING ORGANIZATION HAS A DIVISION CALLED NEW HORIZONS AT CHOATE, LLC (EIN: 75-3031909) ("NHC"). NHC IS LESSEE OF REAL PROPERTY FROM NHC REALTY, INC.(EIN: 30-0553218) ("NHC REALTY"), WHICH IT USES IN OPERATIONS. NHC REALTY IS A 501 (C)(2) TITLE HOLDING COMPANY THAT IS RELATED TO REPORTING ORGANIZATION. BECAUSE NHC REALTY HOLDS TITLE FOR REPORTING ORGANIZATION, AND CONSISTENT WITH ITS PURPOSES WOULD TURN OVER ANY RENT IT COLLECTS TO REPORTING ORGANIZATION, NHC REALTY WAIVES PAYMENT OF RENT FROM REPORTING ORGANIZATION'S DIVISION, NHC. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (378 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PREFERRED DEPOSIT | $4,467,069 | $4,467,069 |
| ALPHABET INC SHS CL A | $1,130,432 | $8,823,000 |
| ALPHABET INC SHS CL C | $1,129,969 | $8,920,914 |
| AMAZON COM INC COM | $10,118,351 | $8,998,836 |
| AMER EXPRESS COMPANY | $10,109,072 | $9,752,239 |
| AMERICAN TOWER REIT INC | $1,902 | $1,707 |
| AMGEN INC COM | $3,109,178 | $4,661,860 |
| APPLE INC | $4,534,676 | $45,267,612 |
| APPLIED MATERIAL INC | $10,046,549 | $7,201,251 |
| AUTOMATIC DATA PROC | $3,020,444 | $11,823,570 |
| BAXTER INTERNTL INC | $820,241 | $1,529,100 |
| BERKSHIRE HATHAWAYINC | $10,178,736 | $15,954,685 |
| BLACKROCK TECHNOLOGY | $15,496,899 | $7,854,260 |
| CITIGROUP INC COM NEW | $10,496,335 | $7,870,020 |
| COMCAST CORP NEW CL A | $2,402,595 | $9,232,080 |
| CVS HEALTH CORP | $10,107,457 | $9,668,463 |
| DISNEY (WALT) CO COM STK | $18,620,279 | $9,956,448 |
| DOVER CORP | $10,057,506 | $9,681,815 |
| EMERSON ELEC CO | $7,493,755 | $7,828,890 |
| FEDEX CORP DELAWARE COM | $3,479,744 | $5,715,600 |
| GENERAL ELEC CO REG SHS | $14,048,967 | $11,437,335 |
| GENL DYNAMICS CORP COM | $3,029,947 | $11,785,225 |
| HOME DEPOT INC | $4,750,071 | $15,161,280 |
| HONEYWELL INTL INC DEL | $3,390,097 | $9,643,500 |
| INTEL CORP | $5,330,939 | $4,017,360 |
| JPMORGAN CHASE & CO | $2,939,306 | $9,319,950 |
| MARRIOTT INTL INC NEW A | $6,123,149 | $7,102,053 |
| MARVELL TECH INC | $10,007,108 | $8,829,669 |
| MASTERCARD INC | $1,419 | $1,469 |
| MCDONALDS CORP COM | $2,299,208 | $10,976,025 |
| META PLATFORMS INC | $1,784,954 | $7,822,100 |
| MONDELEZ INTERNATIONAL | $4,000,532 | $13,330,000 |
| NVIDIA | $15,241,761 | $17,106,383 |
| ORACLE CORP $0.01 DEL | $3,227,803 | $9,808,800 |
| PALO ALTO NETWORKS INC | $9,939,088 | $8,052,853 |
| PFIZER INC | $1,453,852 | $1,588,440 |
| RAYTHEON TECHNOLOGIES | $5,586,292 | $9,673,182 |
| SALESFORCE INC | $593,630 | $7,955,400 |
| SOUTHWEST AIRLNS CO | $6,131,380 | $4,208,750 |
| STARBUCKS CORP | $2,825,811 | $12,201,600 |
| TAIWAN S MANUFCTRING ADR | $10,647,160 | $7,772,734 |
| THERMO FISHER SCIENTIFIC | $1,148,156 | $13,822,319 |
| UNION PACIFIC CORP | $1,502,245 | $9,939,360 |
| VANGUARD SMALL CAP VALUE | $15,833,274 | $17,547,400 |
| VERIZON COMMUNICATNS COM | $5,011,190 | $3,349,000 |
| VISA INC CL A SHRS | $15,144,494 | $14,432,464 |
| WALMART INC | $10,730,098 | $15,596,900 |
| XOMETRY INC CL A | $2,331,864 | $1,550,553 |
| ACUITY BRANDS INC | $862,939 | $1,175,107 |
| ADVANCED DRAIN SYS INC | $515,359 | $362,635 |
| AFFILIATED MANAGERS GRP | $1,911,903 | $3,242,459 |
| APTARGROUP INC | $1,791,639 | $2,563,127 |
| ARAMARK SHS | $3,051,821 | $3,857,295 |
| BIO TECHNE CORP COM STK | $535,102 | $1,262,861 |
| BLACK KNIGHT HOLDCO CORP | $1,641,813 | $1,310,582 |
| BLACKBAUD INC | $877,599 | $1,376,222 |
| BOOZ ALLEN HAMILTON HLDG | $1,836,964 | $2,441,901 |
| BROADRIDGE FINL | $611,794 | $1,115,747 |
| BROWN & BROWN INC FLA | $1,863,938 | $2,442,247 |
| BURLINGTON STORES INC | $1,773,833 | $2,180,278 |
| CACI INTL INC CL A | $1,715,008 | $2,175,370 |
| CARLISLE COS INC | $2,409,099 | $3,954,151 |
| CASEYS GEN STORES INC | $1,331,526 | $1,493,722 |
| CHOICE HOTELS INTL NEW | $1,448,189 | $2,049,034 |
| COLUMBIA SPORTSWEAR CO | $1,281,883 | $1,787,378 |
| DECKERS OUTDOORS CORP | $835,370 | $1,134,413 |
| DOLBY LABORATORIES INC | $2,318,005 | $1,932,726 |
| ENVISTA HOLDINGS CORP | $2,614,243 | $3,127,034 |
| FACTSET RESH SYS INC | $245,936 | $880,690 |
| FTI CONSULTING INC COM | $1,371,692 | $1,255,314 |
| GARTNER INC | $331,439 | $998,672 |
| GODADDY INC SHS CL A | $2,293,438 | $2,312,237 |
| GRACO INC | $395,549 | $1,200,425 |
| HEXCEL CORP NEW COM | $1,113,457 | $1,771,679 |
| HUNT J B TRANS SVCS INC | $1,161,075 | $2,112,263 |
| IAA INC REG SHS WHEN | $2,016,430 | $1,715,680 |
| IDEX CORP DELAWARE COM | $512,764 | $1,814,607 |
| JACK HENRY & ASSOC INC | $311,475 | $896,317 |
| JONES LANG LASALLE INC | $1,276,256 | $1,688,580 |
| KIRBY CORP COM | $1,761,359 | $1,626,189 |
| LANDSTAR SYS INC COM | $873,835 | $2,019,579 |
| LENNOX INTL INC | $1,889,805 | $2,126,485 |
| LKQ CORP | $1,317,320 | $1,957,744 |
| MANHATTAN ASSOCS INC | $482,249 | $1,063,950 |
| MARKEL CORP COM | $1,642,364 | $2,731,157 |
| MORNINGSTAR INC | $770,969 | $1,795,485 |
| NORDSON CORP | $825,690 | $1,467,278 |
| POOL CORPORATION | $536,964 | $893,083 |
| PROSPERITY BANCSHARES | $1,023,078 | $1,126,976 |
| RPM INTERNATIONAL INC | $1,898,027 | $2,949,479 |
| SCHEIN (HENRY) INC COM | $533,814 | $691,035 |
| SEI INVT CO PA PV $0.01 | $1,854,975 | $2,438,749 |
| SERVICE CORP INTL | $766,799 | $1,257,797 |
| TELEFLEX INC | $2,813,538 | $2,615,758 |
| TRIMBLE INC | $1,400,061 | $1,339,132 |
| ULTA BEAUTY INC | $538,893 | $1,269,303 |
| UMPQUA HLDGS CORP ORE | $762,551 | $859,989 |
| W R BERKLEY CORP | $2,199,655 | $4,460,538 |
| WEX INC | $1,753,931 | $2,025,660 |
| WOODWARD INC | $902,260 | $719,841 |
| ABB LTD | $901,930 | $1,012,911 |
| ADIDAS AG | $349,706 | $138,670 |
| ADYEN N.V. SHS ADR | $334,779 | $250,994 |
| AIA GROUP LTD | $1,066,861 | $1,392,740 |
| AIR LIQUIDE FN | $531,514 | $510,107 |
| AIRBUS SE | $688,744 | $702,874 |
| AMADEUS IT GROUP SA | $497,552 | $475,661 |
| AMERICA MOVIL SAB DE CV | $273,944 | $273,346 |
| ANHEUSER-BUSCH INBEV SA/ | $761,779 | $773,377 |
| AON PLC REG SHS | $194,731 | $315,747 |
| ASAHI KASEI CORP 3407 | $513,413 | $372,396 |
| ASML HOLDING N.V. ORD SH | $888,609 | $1,387,216 |
| ASSA ABLOY AB SHS | $221,239 | $221,026 |
| ASTRAZENECA PLC SHS FN | $1,087,966 | $1,819,952 |
| B AND M EUROPEAN VALUE R | $296,126 | $174,246 |
| BEIGENE LTD | $358,437 | $469,132 |
| BHP GROUP LTD | $261,974 | $269,831 |
| BRITISH AMERICAN TOBACCO | $923,207 | $1,004,590 |
| CARLSBERG AS-B | $836,018 | $897,913 |
| CIE FINANCIERE RICHEMONT | $296,080 | $432,324 |
| DAIICHI SANKYO CO LTD | $278,747 | $403,047 |
| DAIKIN INDUSTRIES 6367 | $324,306 | $228,722 |
| DANONE S.A | $419,463 | $364,895 |
| DBS GROUP HOLDINGS LTD | $630,430 | $800,906 |
| DEUTSCHE BOERSE AG | $236,046 | $291,225 |
| DNB BANK ASA REG SHS | $484,951 | $548,668 |
| DSV A/S | $208,546 | $378,150 |
| ENEL SPA | $481,930 | $368,881 |
| ENGIE | $410,328 | $435,207 |
| EPIROC AB REG SHS | $555,936 | $449,703 |
| ESSILORLUXOTTICA | $1,019,066 | $1,342,964 |
| FUJITSU LTD 6702 | $486,742 | $427,474 |
| GENMAB A/S | $548,322 | $1,008,775 |
| GIVAUDAN SA UNSP ADR | $530,356 | $620,028 |
| HDFC BANK LTD ADR | $684,247 | $763,511 |
| HERMES INTL S A | $355,805 | $791,136 |
| HONG KONG EXCHANGES AND | $141,875 | $104,206 |
| IBERDROLA SA, BILBAO | $632,268 | $712,428 |
| INDUSTRIA DE DISENO TEXT | $654,848 | $670,798 |
| ING GROUP NV SHS | $251,906 | $253,504 |
| INPEX CORPORATION | $184,581 | $173,186 |
| JARDINE MATHESON HLDGS | $230,257 | $275,267 |
| KERING | $959,554 | $937,311 |
| KEYENCE CORP 6861 FN | $1,074,918 | $1,298,893 |
| KONINKLIJKE KPN NV FN | $541,522 | $532,156 |
| L OREAL | $698,294 | $693,199 |
| L.V.M.H. EUR 0.3 | $606,248 | $863,492 |
| LONDON STK EXCHANGE GROU | $882,993 | $1,054,703 |
| MERCADOLIBRE INC | $323,026 | $455,678 |
| MTU AERO ENGINES AG | $372,027 | $416,826 |
| NESTLE SA CHAM UND VEVE | $798,699 | $1,024,268 |
| NETEASE INC REG SHS | $322,666 | $198,076 |
| NICE LTD ADR | $287,641 | $196,146 |
| NIDEC CORP 6594 | $296,550 | $233,555 |
| NIPPON TEL & TEL 9432 | $717,344 | $687,277 |
| NITORI HOLDINGS | $591,920 | $394,768 |
| NOKIA(AB)OY EUR0.06 | $324,362 | $261,322 |
| NOVO NORDISK A/S SHS | $1,136,165 | $2,123,467 |
| ORSTED A/S | $377,897 | $223,696 |
| RECKITT BENCKISER GROUP | $761,861 | $644,251 |
| RECRUIT HOLDINGS CO.LTD. | $474,581 | $419,234 |
| RELX PLC | $367,606 | $354,983 |
| SAFRAN SA | $1,129,057 | $1,283,641 |
| SAP SE | $965,851 | $753,716 |
| SHIN ETSU CHEMICAL 4063 | $639,005 | $704,727 |
| SHIONOGI & CO LTD 4507 | $425,433 | $375,158 |
| SHOPIFY INC CL A | $189,091 | $221,033 |
| SIKA AG NAMEN-AKT | $413,230 | $412,153 |
| SMC CORP 6273 | $624,884 | $679,031 |
| SOCIEDAD Q&M CHLE SPDADR | $320,415 | $233,612 |
| ST MICROELEC SIC 1.04EUR | $686,257 | $612,123 |
| STRAUMANN HLDG AG NAMEN- | $361,362 | $469,105 |
| TAIWAN S MANUFCTRING ADR | $783,072 | $950,583 |
| TENCENT HOLDINGS LTD SHS | $682,622 | $556,013 |
| TERUMO 4543 FN | $294,185 | $235,244 |
| TFI INTERNATIONAL INC | $327,034 | $695,565 |
| TOKYO ELECTRON 8035 FN | $143,892 | $120,519 |
| TOTALENERGIES SE | $1,005,974 | $1,263,464 |
| UNI CHARM CO LTD 8113 FN | $291,084 | $325,369 |
| WORLDLINE SA ACT. | $150,082 | $132,827 |
| ABB LTD SPON ADR | $132,729 | $160,768 |
| ACCENTURE PLC SHS | $199,154 | $189,190 |
| AON PLC REG SHS | $155,639 | $257,075 |
| ARGENX SE | $92,957 | $98,496 |
| ASML HLDG NV NY REG SHS | $125,649 | $195,611 |
| ASTRAZENECA PLC SPND ADR | $249,139 | $305,236 |
| ATLASSIAN CORP | $101,087 | $102,815 |
| BANK OF MONTREAL COM | $339,618 | $265,458 |
| BRITISH AMN TOBACO SPADR | $173,301 | $159,240 |
| CANADIAN PACIFIC RAILWAY | $182,155 | $201,169 |
| CNH INDUSTRIAL NV | $103,619 | $104,647 |
| COCA-COLA EUROPACIFIC | $226,592 | $223,493 |
| DIAGEO PLC SPSD ADR NEW | $280,446 | $299,181 |
| EATON CORP PLC | $155,723 | $146,120 |
| ELASTIC N V | $157,185 | $112,991 |
| EQUINOR ASA | $166,845 | $264,170 |
| FERRARI NV | $263,712 | $206,722 |
| FRANCO NEV CORP | $173,379 | $151,629 |
| HDFC BANK LTD ADR | $214,440 | $267,620 |
| ICICI BANK LTD SPD ADR | $191,540 | $190,005 |
| ISHARES CHINA LARGECAP | $308,093 | $332,780 |
| ISHARES INTL SELECT | $175,106 | $159,864 |
| ISHARES MSCI INDONESIA | $146,644 | $139,154 |
| ISHARES MSCI JAPAN ETF | $272,935 | $258,590 |
| ISHARES MSCI SAUDI | $146,440 | $129,945 |
| JD COM INC CL A ADR | $214,817 | $216,718 |
| LINDE PLC REG SHS | $103,695 | $201,905 |
| LULULEMON ATHLETICA INC | $76,450 | $101,560 |
| MEDTRONIC PLC SHS | $111,839 | $104,282 |
| MITSUBISHI UFJ FINL GRP | $238,496 | $256,368 |
| NATIONAL GRID PLC SHS | $355,725 | $330,433 |
| NOVO NORDISK A S ADR | $114,482 | $285,026 |
| NUTRIEN LTD REG SHS | $151,498 | $189,586 |
| RELX PLC | $167,965 | $207,494 |
| RYANAIR HOLDINGS PLC SHS | $142,398 | $114,233 |
| SANOFI ADR | $247,767 | $266,946 |
| SHELL PLC | $213,600 | $245,056 |
| SK TELECOM CO LTD | $155,351 | $153,416 |
| SONY GROUP CORP | $282,779 | $297,797 |
| SUNCOR ENERGY INC NEW | $210,803 | $177,942 |
| TAIWAN S MANUFCTRING ADR | $284,402 | $376,845 |
| TECK RESOURCES LTD CLS B | $204,339 | $235,619 |
| TELEFONICA SA SPAIN ADR | $202,225 | $154,056 |
| TELUS CORP COM | $317,432 | $299,749 |
| THOMSON REUTERS CORP REG | $151,454 | $208,976 |
| TORONTO DOMINION BANK | $393,702 | $354,043 |
| TOYOTA MOTOR CORP ADR | $147,385 | $141,087 |
| UBS GROUP AG NAMEN-AKT | $311,289 | $285,632 |
| ZTO EXPRESS CAYMAN ADR | $213,280 | $212,998 |
| DUKE ENERGY CORP NEW | $7,403 | $7,068 |
| PPG INDUSTRIES INC SHS | $3,079 | $2,311 |
| ABM INDUSTRIES INC COM | $244,152 | $325,865 |
| AGIOS PHARMACEUTICALS | $235,662 | $167,946 |
| ALLEGIANT TRAVEL CO | $395,252 | $168,275 |
| AMERESCO CLASS A | $208,320 | $344,954 |
| AMERICAN EQUITY INVT | $59,954 | $114,054 |
| AMICUS THERAPEUTICS INC | $385,495 | $334,078 |
| APELLIS PHARMACEUTICALS | $341,107 | $356,385 |
| APPLIED INDUSTRL TECH | $238,886 | $481,057 |
| ARMADA HOFFLER PPTYS INC | $218,745 | $166,118 |
| ARTIVION INC | $318,122 | $134,823 |
| ASGN INC | $330,646 | $389,556 |
| ATN INTERNATIONAL INC | $166,627 | $132,577 |
| ATRICURE INC | $347,585 | $270,052 |
| AZENTA INC | $175,746 | $215,530 |
| BALCHEM CORP COM | $91,129 | $110,876 |
| BARNES GROUP INC DE $.01 | $198,292 | $137,215 |
| BJS WHSL CLUB HLDGS INC | $89,491 | $121,602 |
| BLACK HILLS CORP | $266,335 | $228,113 |
| BLACKLINE INC | $217,255 | $197,168 |
| BLUEPRINT MEDICINES CORP | $452,070 | $247,483 |
| BOISE CASCADE CO DEL | $293,525 | $650,992 |
| BOX INC CL A | $193,632 | $271,672 |
| BRIGHTVIEW HLDGS INC | $162,659 | $76,107 |
| BRINKER INTL INC | $285,429 | $148,190 |
| CASELLA WASTE SYS INC A | $117,860 | $243,958 |
| CHART INDS INC | $152,500 | $92,760 |
| CHUYS HLDGS INC | $112,601 | $129,501 |
| CITY HOLDING CO CHARLSTN | $199,186 | $243,430 |
| COHERENT CORP | $221,608 | $205,511 |
| COLUMBUS MCKINNON CP N.Y | $238,059 | $207,646 |
| CONMED CORP COM | $291,295 | $326,993 |
| CONSENSUS CLOUD | $207,836 | $249,016 |
| DANA INC | $175,721 | $188,626 |
| DIAMONDROCK HOSPITALITY | $240,715 | $204,291 |
| EARTHSTONE ENERGY INC | $122,181 | $168,071 |
| EASTGROUP PROPERTIES INC | $167,813 | $223,867 |
| ENTERPRISE FINL SVCS CRP | $194,671 | $226,391 |
| ESCO TECHNOLOGIES INC | $132,110 | $144,966 |
| ESSENT GROUP LTD | $320,772 | $306,141 |
| EXLSERVICE HLDGS INC | $225,345 | $555,222 |
| FEDERAL SIGNAL CORP | $256,721 | $468,511 |
| FIRST BANCORP N C COM | $194,897 | $258,882 |
| FIRST FINANCIAL BANCORP | $313,216 | $293,958 |
| FIRST FNDTN INC SHS | $186,078 | $135,662 |
| FIRST INTST BANCSYSTEM | $408,333 | $394,848 |
| FOCUS FINL PARTNERS INC | $305,422 | $306,061 |
| FOUR CORNERS PROPERTY TR | $244,403 | $223,128 |
| HALOZYME THERAPEUTICS | $262,643 | $500,265 |
| HAMILTON LANE INC REG SH | $225,872 | $277,048 |
| HELEN OF TROY LTD | $239,755 | $129,432 |
| HIBBETT SPORTS INC | $121,629 | $154,245 |
| HUB GROUP INC CL A | $219,937 | $377,737 |
| HUNTSMAN CORP | $96,041 | $91,646 |
| ICHOR HOLDINGS LTD REG | $173,372 | $108,460 |
| IMAX CORP | $160,801 | $128,979 |
| INDEPENDENCE RLTY TR INC | $366,258 | $333,440 |
| INDEPENDENT BK CORP MASS | $261,523 | $289,595 |
| INDEPENDENT BK GROUP INC | $194,782 | $211,422 |
| INSMED INC | $379,013 | $250,609 |
| INSPIRE MED SYS INC | $320,270 | $426,937 |
| INSTRUCTURE HOLDINGS INC | $136,817 | $139,538 |
| INTERCEPT PHARMACEUTICAL | $224,722 | $36,343 |
| J & J SNACK FOODS CRP | $459,536 | $407,810 |
| JACK IN THE BOX INC | $211,559 | $162,115 |
| KADANT INC | $186,005 | $316,181 |
| KAISER ALUM CORP | $285,864 | $235,932 |
| KB HOME | $226,703 | $280,822 |
| KBR INC | $83,650 | $206,976 |
| KEMPER CORP DEL | $241,654 | $204,524 |
| KITE REALTY GROUP TR SHS | $321,195 | $370,759 |
| LA-Z-BOY INC MICHIGAN | $172,486 | $103,352 |
| LIGAND PHARMACEUTICALS | $174,186 | $215,497 |
| LIGAND PHARMACEUTICALXPN | ||
| LIGAND PHARMACEUTICALXPN | ||
| LXP INDUSTRIAL TRUST | $181,171 | $173,637 |
| MACOM TECHNOLOGY | $98,912 | $170,361 |
| MALIBU BOATS INC SHS | $224,944 | $290,378 |
| MATIV INC | $361,589 | $175,226 |
| MAXLINEAR INC CL A | $198,294 | $317,467 |
| MERIT MEDICAL SYS INC | $227,182 | $435,867 |
| MINERALS TECHNOLOGIES | $453,945 | $462,814 |
| MYR GROUP INC DEL | $116,663 | $337,252 |
| NATIONAL STORAGE | $162,637 | $167,705 |
| NEOGENOMICS INC | $300,631 | $77,459 |
| NETGEAR INC | $122,911 | $83,179 |
| NEXSTAR MEDIA GROUP INC | $70,184 | $127,597 |
| NEXTIER OILFIELD | $218,352 | $182,000 |
| NMI HOLDINGS INC SHS | $282,820 | $325,915 |
| NORTHWESTERN CORP | $298,332 | $274,566 |
| NUVASIVE INC | $318,021 | $216,386 |
| OLD NATL BANCORP IND | $401,410 | $405,089 |
| OMNIAB INC REG SHS | $111,250 | $56,905 |
| OMNICELL INC | $325,439 | $157,310 |
| PACIFIC BIOSCIENCES | $322,386 | $153,858 |
| PACIFIC PREMIER BANCORP | $170,998 | $232,029 |
| PATTERSON UTI ENERGY INC | $323,310 | $589,400 |
| PDC ENERGY INC | $252,358 | $505,809 |
| PEBBLEBROOK HOTEL TRUST | $234,177 | $130,204 |
| PHYSICIANS RLTY TR | $276,684 | $243,299 |
| PRESTIGE CONSUMER | $272,654 | $504,055 |
| PTC THERAPEUTICS | $294,602 | $211,386 |
| Q2 HOLDINGS INC SHS | $358,279 | $194,539 |
| QUAKER HOUGHTON | $221,389 | $218,472 |
| RAPID7 ORD | $223,732 | $162,424 |
| REGAL REXNORD CORP | $124,487 | $227,722 |
| RPT RLTY SH BEN INT | $196,628 | $149,215 |
| SELECTIVE INS GRP INC | $353,072 | $453,772 |
| SEMTECH CORPORATION | $252,487 | $144,110 |
| SHOCKWAVE MEDICAL INC | $97,562 | $393,949 |
| SILICON LABS INC | $265,545 | $353,420 |
| SONIC AUTOMOTIVE INC A | $108,729 | $116,868 |
| SOUTHSTATE CORP | $367,693 | $356,678 |
| SOUTHWESTERN ENERGY CO | $301,616 | $350,204 |
| SPIRE INC | $371,616 | $337,605 |
| SPROUT SOCIAL INC REG | $208,401 | $167,009 |
| SPS COMM INC | $186,559 | $209,084 |
| STEVEN MADDEN LTD SHS | $393,988 | $416,183 |
| STIFEL FINANCIAL CORP | $92,135 | $129,114 |
| SUMMIT MATLS INC | $356,266 | $373,868 |
| SUN CTRY AIRLINES | $230,853 | $158,267 |
| SUPERNUS PHARMACEUTICALS | $241,441 | $363,299 |
| TAYLOR MORRISON HOME | $252,780 | $354,488 |
| TETRA TECH INC NEW | $114,408 | $189,328 |
| TEXAS ROADHOUSE INC-CL A | $242,320 | $425,555 |
| TRANSMEDICS GROUP INC | $169,240 | $437,348 |
| TRAVERE THERAPEUTICS INC | $282,407 | $346,722 |
| ULTRAGENYX | $242,320 | $209,041 |
| UMPQUA HLDGS CORP ORE | $168,188 | $173,663 |
| UNITED COMMUNITY BANKS | $261,999 | $339,453 |
| UPWORK INC | $223,977 | $71,420 |
| VALLEY NATL BANCORP N J | $265,628 | $285,227 |
| VANDA PHARMACEUTICALS IN | $159,898 | $79,960 |
| VARONIS SYSTEMS INC SHS | $353,697 | $219,650 |
| VERINT SYSTEMS INC | $195,507 | $168,992 |
| WENDYS CO | $205,195 | $246,192 |
| WERNER ENTERPRISES INC | $335,352 | $347,645 |
| WESBANCO INC | $246,954 | $271,433 |
| WESCO INTERNATIONAL INC | $175,074 | $214,593 |
| WILLSCOT MOBILE MINI | $77,566 | $223,185 |
| WNS HOLDINGS LTD SPN ADR | $260,522 | $369,954 |
| WORTHINGTON INDSTRS OHIO | $317,135 | $378,641 |
| WSFS FINANCIAL CORP | $324,652 | $384,386 |
| YELP INC CL A | $220,925 | $187,908 |
| YETI HLDGS INC | $77,180 | $78,076 |
| ZIFF DAVIS INC | $320,835 | $359,351 |
| ZURN ELKAY WATER | $114,616 | $180,135 |
| GREENLIGHT BIO | $5,000,000 | $1,505,102 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (92 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PROPERTY 1 | $3,074,736 | $2,739,895 |
| PROPERTY 2 | $8,500,000 | $8,500,000 |
| PROPERTY 3 | $4,000,000 | $4,000,000 |
| PROPERTY 4 | $5,300,000 | $5,300,000 |
| PROPERTY 5 | $17,500,000 | $17,500,000 |
| PROPERTY 6 | $7,409,869 | $7,409,869 |
| PROPERTY 7 | $5,000,000 | $5,000,000 |
| PROPERTY 8 | $5,700,000 | $5,700,000 |
| PROPERTY 9 | $5,900,000 | $5,900,000 |
| PROPERTY 10 | $460,000 | $460,000 |
| PROPERTY 11 | $2,100,000 | $2,100,000 |
| PROPERTY 12 | $3,300,000 | $3,300,000 |
| PROPERTY 13 | $19,400,000 | $19,400,000 |
| PROPERTY 14 | $9,600,000 | $9,600,000 |
| PROPERTY 15 | $19,800,000 | $19,800,000 |
| PROPERTY 16 | $3,300,000 | $3,300,000 |
| PROPERTY 17 | $3,800,000 | $3,800,000 |
| PROPERTY 18 | $8,100,000 | $8,100,000 |
| PROPERTY 19 | $49,700,000 | $49,700,000 |
| PROPERTY 20 | $11,800,000 | $11,800,000 |
| PROPERTY 21 | $1,280,000 | $1,280,000 |
| PROPERTY 22 | $5,300,000 | $5,300,000 |
| PROPERTY 23 | $7,600,000 | $7,600,000 |
| PROPERTY 24 | $4,400,000 | $4,400,000 |
| PROPERTY 25 | $3,500,000 | $3,500,000 |
| PROPERTY 26 | $5,500,000 | $5,500,000 |
| PROPERTY 27 | $3,100,000 | $3,100,000 |
| PROPERTY 28 | $11,300,000 | $11,300,000 |
| PROPERTY 29 | $22,800,000 | $22,800,000 |
| PROPERTY 30 | $13,800,000 | $13,800,000 |
| PROPERTY 31 | $5,400,000 | $5,400,000 |
| PROPERTY 32 | $15,100,000 | $15,100,000 |
| PROPERTY 33 | $17,200,000 | $17,200,000 |
| PROPERTY 34 | $12,700,000 | $12,700,000 |
| PROPERTY 35 | $18,000,000 | $18,000,000 |
| PROPERTY 36 | $5,200,000 | $5,200,000 |
| PROPERTY 37 | $6,200,000 | $6,200,000 |
| PROPERTY 38 | $18,540,000 | $18,540,000 |
| PROPERTY 39 | $5,300,000 | $5,300,000 |
| PROPERTY 40 | $20,000,000 | $20,000,000 |
| PROPERTY 41 | $23,200,000 | $23,200,000 |
| PROPERTY 43 | $351,800 | $351,800 |
| PROPERTY 44 | $3,500,000 | $3,500,000 |
| PROPERTY 45 | $3,400,000 | $3,400,000 |
| PROPERTY 46 | $9,200,000 | $9,200,000 |
| PROPERTY 47 | $7,000,000 | $7,000,000 |
| PROPERTY 48 | $6,000,000 | $6,000,000 |
| PROPERTY 49 | $7,600,000 | $7,600,000 |
| PROPERTY 50 | $6,900,000 | $6,900,000 |
| PROPERTY 51 | $9,900,000 | $9,900,000 |
| PROPERTY 52 | $13,400,000 | $13,400,000 |
| PROPERTY 53 | $10,800,000 | $10,800,000 |
| PROPERTY 54 | $13,600,000 | $13,600,000 |
| PROPERTY 55 | $21,500,000 | $21,500,000 |
| PROPERTY 56 | $3,750,000 | $3,750,000 |
| COMMONFUND | $593,437,439 | $905,007,518 |
| COURTAGEN LIFE | $190,441 | $34,562 |
| PROVIDENCE EQUITY PARTNERS VII | $9,698,714 | $20,104,569 |
| PROV EQUITY VIII LP | $16,640,699 | $24,644,455 |
| CARLYLE GROUP | $2,374,597 | $1,485,379 |
| BLACKSTONE ALTERNATIVES | $2,755,285 | $2,173,458 |
| KKR | $20,128,855 | $17,409,560 |
| LONGWOOD V | $2,433,775 | $3,055,103 |
| TPG PTRS HEALTHCARE | $8,572,654 | $10,666,254 |
| TPG PTRS VIII LP | $9,722,001 | $14,210,162 |
| HIGHLAND PTRS CLEARBANE SPV | $1,671,491 | $0 |
| HIGHLAND PTS LEADERS | $9,948,007 | $15,917,133 |
| HIGHLAND CAPITAL PRTS | $8,450,294 | $14,519,564 |
| SJC ONSHORE | $26,874,870 | $25,553,968 |
| CRESCENT MEZZANINE PTRS | $11,696,087 | $12,376,913 |
| CLAREANT SCF | $7,481,661 | $5,922,881 |
| CARLYLE EUROPE | $21,269,609 | $32,448,112 |
| STRATEGIC PARTNER OFFSHORE VII | $769,515 | $26,975,154 |
| STRATEGIC PARTNERS OFFSHORE VI | $25,316,607 | $36,726,353 |
| APOLLO INVESTMENT IX LP | $16,380,199 | $22,518,898 |
| CARLYLE BUYOUT VII | $14,523,367 | $16,581,041 |
| OAK V DISTRESSED | $114,561 | $73,840 |
| ORBIMED HEALTHCARE | $5,678,434 | $7,140,659 |
| SLP V TECHNOLOGY | $16,379,223 | $22,228,260 |
| SJC ONSHORE FUND IV | $40,000,303 | $40,693,108 |
| BLACKSTONE LIFE SCIENCES | $5,037,414 | $5,322,821 |
| WCAS XIII, LP | $17,239,182 | $21,179,103 |
| SLP VI TECHNOLOGY | $9,210,616 | $9,085,370 |
| THE CHILDRENS | $20,500,000 | $18,933,800 |
| STP IX LP | $6,743,285 | $8,208,449 |
| CYBERNETIX | $1,138,079 | $1,101,160 |
| HIGHLANDX FUND I | $6,692,942 | $6,637,420 |
| LONGWOOD VI | $742,236 | $1,127,594 |
| WCAS XIV | $459,570 | $175,272 |
| TPG HC PTRS II | $0 | $21,820 |
| TPG PTRS IX | $0 | $0 |
| APOLLO INVESTMENT X LP | $77 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| VET MATERIALS, SUPPLIES & SRVC | $47,237,502 | $47,049,396 | ||
| INVESTMENT EXPENSE | $28,879,581 | $28,879,581 | ||
| CONTRACT SERVICES | $2,368,273 | $2,349,113 | ||
| SUPPLIES | $1,975,850 | $1,977,092 | ||
| REPAIR & MAINTENANCE | $848,701 | $845,496 | $5,010 | |
| INSURANCE | $198,033 | $212,383 | $1,769 | |
| TELEPHONE | $128,972 | $128,972 | ||
| ADVERTISING | $103,285 | $101,670 | ||
| ACTIVITIES & SERVICES | $200,906 | $198,411 | ||
| OFFICE SERVICES | $62,811 | $68,311 | ||
| DUES & SUBSCRIPTIONS | $12,145 | $12,145 | ||
| STAFF TRAINING\SEMINARS | $1,949 | $1,949 | ||
| ADP PAYROLL FEES | $13,996 | $13,996 | ||
| EMPLOYEE APPRECIATION | $15,199 | $15,199 | ||
| MISC PETTY CASH EXPENSE | $17,546 | $17,656 | ||
| SALES EXPENSE | $104,415 | $104,415 | ||
| LICENSE & FEES | $17,940 | $14,716 | ||
| STATE FILING FEES | $2,000 | $2,000 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Cummings Health Sciences, LLC INCOME | $94,833,047 | $94,833,047 | |
| INVESTMENT INCOME - DISREGARDED ENTITY | $77,476,044 | $77,476,044 | $77,476,044 |
| PROGRAM SERVICE REVENUE | $20,921,309 | $20,921,309 | |
| OTHER PARTNERSHIP INCOME - K-1 | $14,255,013 | $14,255,013 | $14,255,013 |
| INVESTMENT INCOME - ALTERNATIVE INVEST | $1,270,993 | $1,270,993 | $1,270,993 |
| BOOK SALES INCOME | $6,552 | $6,552 | |
| VENDING INCOME | $23,404 | $23,404 | |
| UNRELATED BUSINESS INCOME FROM K-1'S | -$1,022,602 | ||
| contract revenue | $2,381,250 | $2,381,250 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS ON PROPERTY | Desc |
| Amt | $51,620,000 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS & PREPAYMENTS | Desc |
| BOY Book Value | $32,029,133 | BOYBookValueAmt |
| EOY Book Value | $35,642,774 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $5,546 | Amt |
| Disbursements Charitable Prps | $5,546 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL TAXES PAID | $2,815,052 | |
| FOREIGN TAXES PAID | $347,408 | $347,408 |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| NHC REALTY INC | ||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | 300553218 | No transfers were made in 2022. Not an excess business holding. | $0 |
| HEM REALTY INC | ||||||
| 200 WEST CUMMINGS PARK | WOBURN | MA | 01801 | 300553220 | No transfers were made in 2022. Not an excess business holding. | $0 |
| OneWorld Boston Inc | ||||||
| 200 West Cummings Park | Woburn | MA | 01801 | 800681389 | ENDOWMENT GRANT. Not an excess business holding | $37,000,000 |
| CUMMINGS FOUNDATION PRIVATE CAPITAL LP | ||||||
| 15 OLD DANBURY ROAD | WILTON | CT | 06897 | 901028644 | CONTRIBUTION & DISTRIBUTION IN 2022. Not an excess business holding. | $48,720,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,720,000 | TotalAmt |
Comments