LOWELL INSTITUTE: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- LOWELL INSTITUTE (EIN 04-2105771)
- Tax period
- 2020-08-01 to 2021-07-31
- Filed
- 2022-06-15
- IRS object ID
- 202201669349100015
- Schema version
- 2020v4.2
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-06-15T09:43:33-05:00 | ReturnTs |
| Tax Period End | 2021-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010494526 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman & Noyes | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 507 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042105771 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lowell Institute | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOWE | BusinessNameControlTxt |
| Phone | 6172484760 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Choate LLP PO Box 961019 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02196 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William A Lowell | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 6172484760 | PhoneNum |
| Signature | 2022-05-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | William | PersonFirstNm |
| Person Last | Lowell | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicholas E Porto | PreparerPersonNm |
| PTIN | P01310283 | PTIN |
| Phone | 2078792100 | PhoneNum |
| Preparation | 2022-05-31 | 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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $53,413,954 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $414,507 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $414,507 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,231,726 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,309,459 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,231,726 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$181,180 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$184,109 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,465,053 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,462,124 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,903 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,903 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,125 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,625 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $211,657 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $117,032 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $94,625 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,772 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $12,237 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $900 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $900 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $250 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $250 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $242,232 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $131,394 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $110,303 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,627,116 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,627,116 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,869,348 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $131,394 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,737,419 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,404,295 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,330,730 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $757,482 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $800,239 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $800,239 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $38,319,012 | CorporateStockBOYAmt |
| Corporate Stock EOY | $39,357,327 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $39,357,327 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,766,641 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,069,503 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,069,503 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $5,421,031 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,186,885 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,186,885 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $46,264,166 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,413,954 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $53,413,954 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $40,231,315 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $47,614,233 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $6,032,851 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $5,799,721 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $46,264,166 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $53,413,954 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $46,264,166 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $53,413,954 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $46,264,166 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,404,295 | ExcessRevenueOverExpensesAmt |
| Other Increases | $8,554,083 | OtherIncreasesAmt |
| Subtotal | $53,413,954 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $53,413,954 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Publicly Traded Securities | P | $8,439,569 | $8,077,733 | $361,836 | $361,836 |
| From Passthrough | P | $61,057 | $61,057 | $61,057 | |
| Capital Gains Dividends | P | $808,833 | $808,833 | $808,833 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,231,726 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,497 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $18,497 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $18,497 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $44,288 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $44,288 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $25,791 | OverpaymentAmt |
| Applied To ES Tax | $25,791 | 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 | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | 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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.lowellinstitute.org | WebsiteAddressTxt |
| Individual With Books | Choate Hall Stewart LLP | IndividualWithBooksNm |
| Phone | 6172484045 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Two International Place | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | 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 | Yes (1) | 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 | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William A Lowell | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Choate Hall Stewart LLP Two Intl | AddressLine1Txt |
| Address Line2 | Place | AddressLine2Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Choate Hall & Stewart LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Two Intl Place | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Inv. advisory, & legal | ServiceTypeTxt |
| Compensation | $190,113 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $46,052,325 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $893,621 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,278,951 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,224,897 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $50,224,897 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $753,373 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $49,471,524 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,473,576 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,473,576 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,497 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $43 | IncomeTaxAmt |
| Total Tax | $18,540 | TotalTaxAmt |
| Distributable Before Adj | $2,455,036 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $25,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,480,036 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,480,036 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,737,419 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,737,419 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,737,419 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,480,036 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,613,304 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,737,419 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,613,304 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,124,115 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,355,921 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Boston College | ||||||||
| 140 Commonwealth Avenue | Chestnut Hill | MA | 02467 | N/A | PC | General Purpose | $101,484 | |
| Boston Public Library | ||||||||
| 700 Boylston Street | Boston | MA | 02116 | N/A | PC | General Purpose | $100,666 | |
| Boston University | ||||||||
| 745 Commonwealth Avenue | Boston | MA | 02215 | N/A | PC | General Purpose | $12,000 | |
| Cambridge Forum | ||||||||
| 3 Church Street | Cambridge | MA | 02138 | N/A | PC | General Purpose | $70,000 | |
| Charles River Museum | ||||||||
| 154 Moody Street | Waltham | MA | 02453 | N/A | PC | General Purpose | $10,000 | |
| College Bound Dorchester | ||||||||
| 18 Samoset Street | Dorchester | MA | 02124 | N/A | PC | General Purpose | $25,000 | |
| Ford Hall Forum Inc | ||||||||
| 41 Temple Street | Boston | MA | 02114 | N/A | PC | General Purpose | $21,800 | |
| Harvard University Extension School | ||||||||
| 51 Brattle Street | Cambridge | MA | 021383722 | N/A | PC | General Purpose | $100,000 | |
| John F Kennedy Library Foundation | ||||||||
| Columbia Point | Boston | MA | 02125 | N/A | PC | General Purpose | $151,564 | |
| Museum of Fine Arts Boston | ||||||||
| 465 Huntington Avenue | Boston | MA | 02115 | N/A | PC | General Purpose | $100,000 | |
| Museum of Science | ||||||||
| Science Park | Boston | MA | 021141099 | N/A | PC | General Purpose | $300,000 | |
| New England Aquarium | ||||||||
| Central Wharf | Boston | MA | 021103399 | N/A | PC | General Purpose | $404,340 | |
| Northeastern University | ||||||||
| 120 Snell Engineering Center | Boston | MA | 021155000 | N/A | PC | General Purpose | $400,000 | |
| Paul Revere Memorial Association | ||||||||
| 19 North Street | Boston | MA | 02113 | N/A | PC | General Purpose | $5,500 | |
| Peabody Essex Museum | ||||||||
| East India Square | Salem | MA | 019703783 | N/A | PC | General Purpose | $25,000 | |
| Revolutionary Spaces Inc | ||||||||
| 310 Washington Street | Boston | MA | 02108 | N/A | PC | General Purpose | $17,165 | |
| WGBH | ||||||||
| One Guest Street | Boston | MA | 02135 | N/A | PC | General Purpose | $727,597 | |
| World Boston | ||||||||
| East Building 1 Suite 300 212 | Boston | MA | 02110 | N/A | PC | General Purpose | $55,000 | Northern Avenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,627,116 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $414,507 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,231,726 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough Income/(Loss) | Desc |
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $2,929 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$184,109 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $2,929 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,462,124 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,465,053 | TotalIncomeProducingActyAmt |
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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Tax Prep Fees | $4,250 | $2,125 | $2,125 |
| Audit Fees | $9,500 | $0 | $9,500 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (24 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 73025 units Payden Absolute Return Bond Fund | $736,822 | $736,822 |
| 37170 units Vanguard Intermediate-Term Treasury ETF | $2,548,004 | $2,548,004 |
| 75000 units Advocate Health & Hospitals 3.829% | $86,800 | $86,800 |
| 75000 units Amazon.com 5.2% | $88,805 | $88,805 |
| 80000 units Apple Inc 3.2% | $89,302 | $89,302 |
| 75000 units Bank of America 4.125% | $81,597 | $81,597 |
| 75000 units Gilead Sciences 3.5% | $82,584 | $82,584 |
| 80000 units Goldman Sachs Group 3.75% | $88,196 | $88,196 |
| 75000 units Intercontinental Exchange 4% | $81,543 | $81,543 |
| 75000 units JP Morgan Chase 3.2% | $82,407 | $82,407 |
| 100000 units Mass St Sch Bldg Auth 1.134% | $101,728 | $101,728 |
| 75000 units Mass St Sch Bldg Auth 2.436% | $81,539 | $81,539 |
| 75000 units Microsoft Corp 3.125% | $82,736 | $82,736 |
| 75000 units MidAmerican Energy 3.5% | $81,941 | $81,941 |
| 50000 units New York City Transitional 2.86% | $54,711 | $54,711 |
| 75000 units New York State 2.36% | $81,156 | $81,156 |
| 75000 units Oracle Corp 3.25% | $82,456 | $82,456 |
| 65000 units US Treasury Note 2.5% | $68,802 | $68,802 |
| 75000 units US Treasury Note 2.75% | $81,898 | $81,898 |
| 50000 units Univ of California 3.063% | $54,471 | $54,471 |
| 75000 units Verizon Communications 4.329% | $89,066 | $89,066 |
| 75000 units Walmart Inc 3.7% | $86,343 | $86,343 |
| 85000 units Yale University .873% | $85,739 | $85,739 |
| 65000 units BP Capital Markets PLC 3.994% | $70,857 | $70,857 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (22 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 22779.273 units Artisan High Income Fund | $234,776 | $234,776 |
| 149295.806 units Semper MBS Total Return Fund | $1,439,775 | $1,439,775 |
| 3205.000 units The Home Depot Inc. | $1,051,849 | $1,051,849 |
| 1370.000 units McDonald's Corp | $332,513 | $332,513 |
| 13914.000 units Aflac Inc | $765,270 | $765,270 |
| 2973.000 units Ameriprise Financial Inc | $765,726 | $765,726 |
| 2360.000 units Dentsply Sirona Inc | $155,854 | $155,854 |
| 49.000 units Mettier-Toledo International | $72,212 | $72,212 |
| 2685.000 units Stryker Corp | $727,474 | $727,474 |
| 8684.000 units Apple Inc | $1,266,648 | $1,266,648 |
| 547.000 units Fiserv Inc | $62,965 | $62,965 |
| 150563.653 units Artisan Focus Fund | $3,453,930 | $3,453,930 |
| 67566.965 units Edgewood Growth Fund | $4,375,637 | $4,375,637 |
| 8385.000 units Invesco S&P 500 Equal Weight ETF | $1,280,222 | $1,280,222 |
| 273000.000 units Polen Growth Fund | $1,508,325 | $1,508,325 |
| 51077.000 units SPDR S&P 500 Fossil Fuel Reserves Free ETF | $5,552,581 | $5,552,581 |
| 112645.245 units Spyglass Growth Fund | $2,689,968 | $2,689,968 |
| 39370.394 units GQG Partners International Opportunities Fund | $790,951 | $790,951 |
| 87485.360 units MFS International Growth Fund | $5,124,892 | $5,124,892 |
| 223149.235 units WCM Focused International Growth Fund | $6,272,725 | $6,272,725 |
| 33984.686 units Matthews China Fund | $898,895 | $898,895 |
| 15384.193 units Matthews Pacific Tiger Fund | $534,139 | $534,139 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Legacy Venture VIII | FMV | $2,168,679 | $2,168,679 |
| Legacy Venture IX | FMV | $740,938 | $740,938 |
| Legacy Venture X | FMV | $58,097 | $58,097 |
| 1899 Opportunities Fund | FMV | $311,237 | $311,237 |
| Antero Peak Long/Short Offshore Fund | FMV | $3,885,115 | $3,885,115 |
| Artisan China Post-Venture Offshore Fund | FMV | $1,022,819 | $1,022,819 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $2,903 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,903 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MA Form PC Filing Fee | Desc |
| Revenue And Expenses Per Books | $250 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $250 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough Income/(Loss) | Desc |
| Revenue And Expenses Per Books | -$181,180 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$184,109 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$181,180 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Unrealized Appreciation of Assets | $7,986,395 |
| Unrealized Appreciation of FMV of Securities Distributed to Public Charities | $542,688 |
| Recoveries of Amounts Previously Treated as Qualified Charitable Disbursemen | $25,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Fiduciary Fees | $189,063 | $113,438 | $75,625 |
| Consulting Fees | $10,000 | $0 | $10,000 |
| Bond SMA Fees | $3,594 | $3,594 | $0 |
| Writing and Research Fees | $9,000 | $0 | $9,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise Tax | $535 | $0 | $0 |
| Foreign Taxes on Dividends | $12,237 | $12,237 | $0 |