FIDELITY NON-PROFIT MANAGEMENT FOUNDATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- FIDELITY NON-PROFIT MANAGEMENT FOUNDATION (EIN 22-3195349)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202223189349300517
- Schema version
- 2021v4.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T05:28:07-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 STATE ST 13TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223195349 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDELITY NON-PROFIT MANAGEMENT | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FIDE | BusinessNameControlTxt |
| Phone | 6176467418 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 WATER STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MAURA MARX | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6176467418 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MAURA | PersonFirstNm |
| Person Last | MARX | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIN COUTURE | PreparerPersonNm |
| PTIN | P01390592 | PTIN |
| Phone | 6177237900 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MAURA MARX | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 WATER STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $335,104,894 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | SEE PART III LINE 1 | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 4 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $15,669,095 | PYContributionsGrantsAmt |
| CY Contributions Grants | $85,781,731 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $96,299,771 | PYInvestmentIncomeAmt |
| CY Investment Income | $171,094,517 | CYInvestmentIncomeAmt |
| PY Other Revenue | $11,466 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $111,980,332 | PYTotalRevenueAmt |
| CY Total Revenue | $256,876,248 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $72,392,290 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $73,377,277 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,947,096 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,769,159 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $654,027 | PYOtherExpensesAmt |
| CY Other Expenses | $951,797 | CYOtherExpensesAmt |
| PY Total Expenses | $74,993,413 | PYTotalExpensesAmt |
| CY Total Expenses | $77,098,233 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $36,986,919 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $179,778,015 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,058,127,832 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,237,901,889 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,058,127,832 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,237,901,889 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MAKING GRANTS AND CONDUCTING SUPPORTING ACTIVITIES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM ONE OR MORE OF THE FUNCTIONS OF, OR TO CARRY OUT ONE OR MORE OF THE PURPOSES OF, SUPPORTED ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND 509(A)(1) OR (2) OF THE CODE THAT CONDUCT ACTIVITIES IN ARTS AND CULTURE, EDUCATION, OR MEDICAL RESEARCH AND HEALTHCARE, WITH EMPHASIS ON ENCOURAGING THE HIGHEST STANDARDS OF NON-PROFIT MANAGEMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $76,165,628 | ExpenseAmt |
| Grant | $73,377,277 | GrantAmt |
| Desc | GRANT MAKING TO SUPPORT ARTS AND CULTURE, EDUCATION, MEDICAL RESEARCH AND HEALTHCARE, WITH EMPHASIS ON ENCOURAGING THE HIGHEST STANDARDS OF NON-PROFIT MANAGEMENT. | Desc |
| Total Program Service Expenses | $76,165,628 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 4 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANIEL M ARDITO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6036814291 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 KEEWAYDIN DRIVE SUITE 100 | AddressLine1Txt |
| City | SALEM | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03079 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SUSAN HOCKFIELD | ||||||||
| DIRECTOR | 5.00 | 0.00 | Yes (X) | Yes (X) | $12,000 | $597,547 | $0 | |
| THOMAS R POWERS | ||||||||
| DIRECTOR & VP | 5.00 | 0.00 | Yes (X) | Yes (X) | $12,000 | $0 | $0 | |
| ROBERT A RADLOFF | ||||||||
| DIRECTOR & VP | 5.00 | 0.00 | Yes (X) | Yes (X) | $11,000 | $0 | $0 | |
| EDWARD C JOHNSON IV | ||||||||
| DIRECTOR & CHAIRMAN | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH B JOHNSON | ||||||||
| DIRECTOR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MAURA MARX | ||||||||
| PRESIDENT | 20.00 | 0.00 | Yes (X) | $419,704 | $0 | $30,205 | ||
| DANIEL M ARDITO | ||||||||
| TREASURER | 17.00 | 0.00 | Yes (X) | $191,336 | $0 | $32,119 | ||
| CHRISTOPHER J MCKOWN | ||||||||
| SECRETARY | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MELANIE S SOMMER | ||||||||
| ASST. SECRETARY/LEGAL COUNSEL | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLINE NOLAN | ||||||||
| PROGRAM DIRECTOR | 32.00 | 0.00 | $197,028 | $0 | $44,004 | Yes (X) | ||
| CANDACE TEBBENKAMP | ||||||||
| SR PROGRAM OFFICER, MEDICAL SCIENCE & HEALTH | 36.00 | 0.00 | $205,824 | $0 | $3,046 | Yes (X) | ||
| KEVIN DA SILVA | ||||||||
| DIRECTOR, MEDICAL SCIENCE & HEALTH | 36.00 | 0.00 | $188,073 | $0 | $7,298 | Yes (X) | ||
| LYDIA BERGEN | ||||||||
| VP, OPERATIONS | 20.00 | 0.00 | $152,734 | $0 | $27,496 | Yes (X) | ||
| BARBARA SULLIVAN | ||||||||
| VP, PROGRAM STRATEGY & IMPACT | 16.00 | 0.00 | $120,930 | $0 | $16,771 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,510,629 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $597,547 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $160,939 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $85,781,731 | AllOtherContributionsAmt |
| Total Contributions | $85,781,731 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $150,613,354 | TotalRevenueColumnAmt |
| Exclusion | $150,613,354 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $98,709,809 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $78,228,646 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,481,163 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,481,163 | TotalRevenueColumnAmt |
| Exclusion | $20,481,163 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $256,876,248 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $171,094,517 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,377,277 | TotalAmt |
| Program Services | $73,377,277 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,769,159 | TotalAmt |
| Program Services | $2,769,159 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,623 | TotalAmt |
| Management And General | $119,623 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,570 | TotalAmt |
| Management And General | $66,570 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,830 | TotalAmt |
| Management And General | $300,830 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,343 | TotalAmt |
| Management And General | $3,343 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,582 | TotalAmt |
| Management And General | $89,582 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,192 | TotalAmt |
| Program Services | $19,192 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,444 | TotalAmt |
| Management And General | $16,444 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| RECRUITING | $247,483 | $247,483 |
| DUES AND SUBSCRIPTIONS | $86,258 | $86,258 |
| STATE FILING FEES | $2,472 | $2,472 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,098,233 | TotalAmt |
| Program Services | $76,165,628 | ProgramServicesAmt |
| Management And General | $932,605 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,898,621 | BOYAmt |
| EOY | $22,957,095 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $780,030 | BOYAmt |
| EOY | $754,149 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,850,535,646 | BOYAmt |
| EOY | $2,078,277,110 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,913,535 | BOYAmt |
| EOY | $135,913,535 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,058,127,832 | BOYAmt |
| EOY | $2,237,901,889 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,058,127,832 | BOYAmt |
| EOY | $2,237,901,889 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,058,127,832 | BOYAmt |
| EOY | $2,237,901,889 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,058,127,832 | BOYAmt |
| EOY | $2,237,901,889 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $179,778,015 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$3,958 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 3 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (3 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | ||||
| 042103594 | 2 | Yes (1) | $5,525,000 | $0 |
| BAYLOR COLLEGE OF MEDICINE | ||||
| 741613878 | 2 | Yes (1) | $3,500,000 | $0 |
| MUSEUM OF FINE ARTS | ||||
| 042103607 | 7 | Yes (1) | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 3 | SupportedOrganizationsTotalCnt |
| Support Sum | $9,025,000 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | 0 | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | Yes (1) | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART IV, SECTION A, LINE 1: | THE SUPPORTED ORGANIZATIONS ARE DESIGNATED BY PURPOSE OR CLASS IN THE ORGANIZATION'S ARTICLES. THE MEMBERS WHICH ELECT A MAJORITY OF THE ORGANIZATION'S DIRECTORS AND CONTROL THE ORGANIZATION ARE ALL PUBLICLY SUPPORTED ORGANIZATIONS WHICH ARE LISTED BY NAME IN THE ORGANIZATION'S GOVERNING DOCUMENTS AND WHICH FALL WITHIN THE CLASS OF SUPPORTED ORGANIZATIONS THAT THEY REPRESENT. |
| SCHEDULE A, PART IV, SECTION A, LINE 9C: | DISQUALIFIED PERSONS WITH RESPECT TO THE ORGANIZATION ARE ACTIVE INVESTORS IN THE PUBLIC SECURITIES MARKETS AND THERE MAY BE NUMEROUS INSTANCES WHERE THERE IS OVERLAP BETWEEN THE HOLDINGS IN THE STOCK PORTFOLIOS OF DISQUALIFIED PERSONS AND THE STOCK PORTFOLIO OF THE ORGANIZATION. NEVERTHELESS, THE ORGANIZATION IS CONFIDENT THAT ANY OVERLAP IS COINCIDENTAL AND NO DISQUALIFIED PERSON DERIVED ANY BENEFIT FROM THE ORGANIZATION'S INVESTMENT. THE ORGANIZATION ALSO OWNS APPROXIMATELY 4.9% OF THE STOCK OF FIL LTD. A NON-PUBLICLY TRADED ENTITY IN WHICH A DISQUALIFIED PERSON INDIRECTLY HOLDS A NON-CONTROLLING INTEREST. NO DISQUALIFIED PERSON DERIVES ANY BENEFIT AS A RESULT OF THE ORGANIZATION'S INVESTMENTS. UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ANY INVESTMENT DECISION OF THE FOUNDATION TO MAKE AN INVESTMENT IN A SECURITY IN WHICH A DISQUALIFIED PERSON MAY HOLD AN INTEREST (OTHER THAN NON-MATERIAL HOLDINGS OF PUBLICLY AVAILABLE SECURITIES OR MUTUAL FUNDS) WOULD BE MADE EXCLUSIVELY BY THE INDEPENDENT TRUSTEES WHO REPRESENT THE CONTROLLING SUPPORTED ORGANIZATIONS. |
| SCHEDULE A, PART IV, SECTION B, LINE 2: | THE ORGANIZATION MADE GRANTS AMONG ITS SUPPORTED ORGANIZATIONS DESIGNATED BY CLASS. SEE DESCRIPTION FOR SECTION A, ITEM 1 |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ERS | $133,161,435 | C |
| FIL EQUITY | $2,752,100 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $135,913,535 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $529,048,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $272,924,259 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $272,924,259 | RevenueNotReportedAmt |
| Revenue Subtotal | $256,123,741 | RevenueSubtotalAmt |
| Other Revenues Not Included | $752,507 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $752,507 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $256,876,248 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $82,163,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $5,064,767 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $5,064,767 | ExpensesNotReportedAmt |
| Expenses Subtotal | $77,098,233 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $77,098,233 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | A TAX QUALIFICATION DETERMINATION LETTER HAS BEEN RECEIVED FROM THE INTERNAL REVENUE SERVICE INDICATING THAT THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) AND AS A SUPPORTING ORGANIZATION DESCRIBED IN SECTION 509(A)(3) OF THE CODE. THE FOUNDATION RECOGNIZES A TAX BENEFIT OR CHARGE FROM AN UNCERTAIN POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2021, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION, DERECOGNITION, OR DISCLOSURE. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ACCRUAL TO CASH ADJUSTMENT |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ACCRUAL TO CASH ADJUSTMENT |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (60 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| ADOPT-A-STUDENT FOUNDATION | |||||||||
| 88 BLACK FALCON AVE SE 167 V1B | BOSTON | MA | 02110 | 046665080 | 501C3 | $3,000,000 | $0 | SCHOLARSHIPS | |
| ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC | |||||||||
| 225 NORTH MICHIGAN AVENUE SUITE | CHICAGO | IL | 60601 | 133039601 | 501C3 | $10,000,000 | $0 | MEDICAL RESEARCH | 1700 |
| ALZHEIMER'S DRUG DISCOVERY FOUNDATION | |||||||||
| 57 WEST 57TH STREET SUITE 904 | NEW YORK | NY | 10019 | 201082179 | 501C3 | $5,000,000 | $0 | MEDICAL RESEARCH | |
| ARLINGTON STREET CHURCH | |||||||||
| 351 BOYLSTON STREET | BOSTON | MA | 02116 | 042147961 | 501C3 | $500,000 | $0 | CONSTRUCTION | |
| BAYLOR COLLEGE OF MEDICINE | |||||||||
| ONE BAYLOR PLAZA | HOUSTON | TX | 77030 | 741613878 | 501C3 | $2,250,000 | $0 | MEDICAL RESEARCH | |
| BAYLOR COLLEGE OF MEDICINE | |||||||||
| ONE BAYLOR PLAZA | HOUSTON | TX | 77030 | 741613878 | 501C3 | $750,000 | $0 | PROGRAM DEVELOPMENT | |
| BAYLOR COLLEGE OF MEDICINE | |||||||||
| ONE BAYLOR PLAZA | HOUSTON | TX | 77030 | 741613878 | 501C3 | $500,000 | $0 | OPERATING SUPPORT | |
| BOSTON MEDICAL CENTER CORPORATION | |||||||||
| ONE BOSTON MEDICAL CENTER PLACE | BOSTON | MA | 021182908 | 043314093 | 501C3 | $900,000 | $0 | TECHNOLOGY | |
| BOTTOM LINE INC | |||||||||
| 50 MILK STREET 16TH FLOOR | BOSTON | MA | 02109 | 043351427 | 501C3 | $500,000 | $0 | TECHNOLOGY | |
| BRAVEN INC | |||||||||
| 100 N LA SALE STREET SUITE 310 | CHICAGO | IL | 60602 | 464340594 | 501C3 | $500,000 | $0 | TECHNOLOGY | |
| CATHEDRAL HIGH SCHOOL INC | |||||||||
| 74 UNION PARK STREET | BOSTON | MA | 02118 | 562438574 | 501C3 | $250,000 | $0 | CONSULTING | |
| CHILDREN'S HOSPITAL BOSTON | |||||||||
| 300 LONGWOOD AVENUE | BOSTON | MA | 02115 | 042774441 | 501C3 | $326,453 | $0 | MEDICAL RESEARCH | |
| CHURCH OF THE COVENANT | |||||||||
| 67 NEWBURY STREET | BOSTON | MA | 02116 | 131957221 | 501C3 | $200,000 | $0 | CONSERVATION | |
| COASTAL MAINE BOTANICAL GARDENS INC | |||||||||
| PO BOX 234 132 BOTANICAL GARDENS | BOOTHBAY | ME | 04537 | 010476545 | 501C3 | $4,000,000 | $0 | CONSTRUCTION | DRIVE |
| COLD SPRING HARBOR LABORATORY | |||||||||
| 1 BUNGTOWN ROAD | COLD SPRING HARBOR | NY | 11724 | 112013303 | 501C3 | $675,000 | $0 | MEDICAL RESEARCH | |
| COLLEGE FOR SOCIAL INNOVATION INC | |||||||||
| 89 SOUTH STREET SUITE 407 | BOSTON | MA | 02111 | 474425987 | 501C3 | $225,000 | $0 | CONSULTING | |
| COMMON APP | |||||||||
| 3003 WASHINGTON BLVD SUITE 1000 | ARLINGTON | VA | 22201 | 912170737 | 501C3 | $500,000 | $0 | TECHNOLOGY | |
| CRISTO REY NETWORK | |||||||||
| 11 EAST ADAMS STREET SUITE 800 | CHICAGO | IL | 60603 | 043730980 | 501C3 | $350,000 | $0 | TECHNOLOGY | |
| DUET INC | |||||||||
| 50 MILK STREET SUITE 600 16TH FL | BOSTON | MA | 02110 | 320568985 | 501C3 | $800,000 | $0 | TECHNOLOGY | |
| EAST BOSTON SOCIAL CENTERS INC | |||||||||
| 68 CENTRAL SQUARE | EAST BOSTON | MA | 02128 | 042104257 | 501C3 | $225,000 | $0 | CONSTRUCTION | |
| EDNAVIGATOR INC | |||||||||
| 1024 MONROE AVENUE | RIVER FOREST | IL | 60305 | 473909778 | 501C3 | $500,000 | $0 | TECHNOLOGY | |
| EPIPHANY SCHOOL INC | |||||||||
| 154 CENTRE STREET | DORCHESTER | MA | 02124 | 043391788 | 501C3 | $118,500 | $0 | SALARY SUPPORT | |
| ESSEX NORTH SHORE AGRICULTURAL TECHNICAL FOUNDATION INC | |||||||||
| PO BOX 305 | BEVERLY | MA | 019150006 | 271237978 | 501C3 | $340,000 | $0 | EQUIPMENT | |
| FIRST BAPTIST CHURCH OF BOSTON | |||||||||
| 110 COMMONWEALTH AVENUE | BOSTON | MA | 02116 | 042214868 | 501C3 | $250,000 | $0 | CONSTRUCTION | |
| GEORGIA STATE UNIVERSITY FOUNDATION INC | |||||||||
| PO BOX 2668 | ATLANTA | GA | 30301 | 586033185 | 501C3 | $2,500,000 | $0 | CONSTRUCTION | |
| GIRLS WHO CODE INC | |||||||||
| 28 WEST 23RD STREET 7TH FLOOR | NEW YORK | NY | 10010 | 300728021 | 501C3 | $250,000 | $0 | TECHNOLOGY | |
| HARVARD MEDICAL SCHOOL | |||||||||
| 25 SHATTUCK STREET | BOSTON | MA | 02115 | 042103580 | 501C3 | $1,240,000 | $0 | MEDICAL RESEARCH | |
| HARVARD NEURODISCOVERY CENTER INC | |||||||||
| HARVARD MEDICAL SCHOOL 220 LONGWOOD | BOSTON | MA | 02115 | 311745145 | 501C3 | $1,267,974 | $0 | MEDICAL RESEARCH | AVENUE |
| INNERCITY WEIGHTLIFTING INC | |||||||||
| PO BOX 171313 | BOSTON | MA | 021171543 | 271333425 | 501C3 | $250,000 | $0 | CONSULTING | |
| JEWISH VOCATIONAL SERVICE INC | |||||||||
| 75 FEDERAL STREET 3RD FLOOR | BOSTON | MA | 02110 | 042104357 | 501C3 | $500,000 | $0 | TECHNOLOGY | |
| JOBS FOR THE FUTURE INC | |||||||||
| 88 BROAD STREET | BOSTON | MA | 02110 | 061164568 | 501C3 | $1,100,000 | $0 | TECHNOLOGY | |
| MASSACHUSETTS GENERAL HOSPITAL | |||||||||
| 125 NASHUA STREET SUITE 540 | BOSTON | MA | 02114 | 041564655 | 501C3 | $500,000 | $0 | PROGRAM DEVELOPMENT | |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||||
| 77 MASSACHUSETTS AVENUE | CAMBRIDGE | MA | 02139 | 042103594 | 501C3 | $100,000 | $0 | SALARY SUPPORT | |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||||
| 77 MASSACHUSETTS AVENUE | CAMBRIDGE | MA | 02139 | 042103594 | 501C3 | $1,275,000 | $0 | PROGRAM DEVELOPMENT | |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||||
| 77 MASSACHUSETTS AVENUE | CAMBRIDGE | MA | 02139 | 042103594 | 501C3 | $4,150,000 | $0 | MEDICAL RESEARCH | |
| MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION | |||||||||
| 1040 MASS MOCA WAY | NORTH ADAMS | MA | 01247 | 043113688 | 501C3 | $2,132,000 | $0 | CONSTRUCTION | |
| MENTOR THE NATIONAL MENTORING PARTNERSHIP INC | |||||||||
| 201 SOUTH STREET SUITE 615 | BOSTON | MA | 02111 | 521674088 | 501C3 | $325,000 | $0 | TECHNOLOGY | |
| MUSEUM OF SCIENCE | |||||||||
| 1 SCIENCE PARK | BOSTON | MA | 021141099 | 042103916 | 501C3 | $3,000,000 | $0 | TECHNOLOGY | |
| NEIGHBORHOOD VILLAGES INC | |||||||||
| 64 SIGOURNEY STREET | JAMAICA PLAIN | MA | 02130 | 821859365 | 501C3 | $245,500 | $0 | TECHNOLOGY | |
| NEW ENGLAND HISTORIC GENEALOGICAL SOCIETY INC | |||||||||
| 99-101 NEWBURY STREET | BOSTON | MA | 02116 | 042104757 | 501C3 | $2,500,000 | $0 | CONSTRUCTION | |
| NOW AND THERE INC | |||||||||
| PO BOX 52557 | BOSTON | MA | 02111 | 042712823 | 501C3 | $40,000 | $0 | CONSULTING | |
| OLD STURBRIDGE VILLAGE | |||||||||
| 1 OLD STURBRIDGE VILLAGE ROAD | STURBRIDGE | MA | 01566 | 042104809 | 501C3 | $2,500,000 | $0 | ENDOWMENT | |
| ONEGOAL | |||||||||
| 180 N WABASH AVE STE 800 | CHICAGO | IL | 60601 | 562369898 | 501C3 | $900,000 | $0 | TECHNOLOGY | |
| PENNSYLVANIA STATE UNIVERSITY | |||||||||
| 201 OLD MAIN | UNIVERSITY PARK | PA | 16802 | 246000376 | 115 | $225,000 | $0 | PROGRAM SUPPORT | |
| PER SCHOLAS INC | |||||||||
| 804 EAST 138TH STREET 2ND FLOOR | BRONX | NY | 10454 | 043252955 | 501C3 | $890,000 | $0 | ORGANIZATIONAL DEVELOPMENT | |
| PROPEL AMERICA | |||||||||
| 800 BOYLSTON STREET | BOSTON | MA | 02199 | 831867782 | 501C3 | $125,000 | $0 | TECHNOLOGY | |
| PUBLIC ART FUND INC | |||||||||
| ONE EAST 53RD STREET | NEW YORK | NY | 10022 | 132898805 | 501C3 | $400,000 | $0 | CONSULTING | |
| RHODE ISLAND SCHOOL OF DESIGN | |||||||||
| TWO COLLEGE STREET | PROVIDENCE | RI | 02903 | 050258956 | 501C3 | $4,000,000 | $0 | CONSTRUCTION | |
| SOUTHEASTERN REGIONAL SCHOOL FOUNDATION INC | |||||||||
| 250 FOUNDRY STREET | SOUTH EASTON | MA | 023751780 | 820874353 | 501C3 | $250,000 | $0 | TECHNOLOGY | |
| STEPPINGSTONE FOUNDATION INC | |||||||||
| ONE APPLETON STREET 4TH FLOOR | BOSTON | MA | 02116 | 043086666 | 501C3 | $1,250,000 | $0 | ENDOWMENT | |
| THE PAUL REVERE MEMORIAL ASSOCIATION | |||||||||
| 19 NORTH SQUARE | BOSTON | MA | 02113 | 042104820 | 501C3 | $200,000 | $0 | OPERATING SUPPORT | |
| THE SHED | |||||||||
| THE BLOOMBERG BUILDING 545 WEST | NEW YORK | NY | 10001 | 900884353 | 501C3 | $2,500,000 | $0 | CONSTRUCTION | 30TH STREET |
| TUFTS UNIVERSITY | |||||||||
| BALLOU HALL | MEDFORD | MA | 02155 | 042103634 | 501C3 | $300,000 | $0 | ENDOWMENT | |
| UNITARIAN UNIVERSALIST URBAN MINISTRY | |||||||||
| 10 PUTNAM STREET | ROXBURY | MA | 02119 | 042105897 | 501C3 | $500,000 | $0 | CONSTRUCTION | |
| UNIVERSITY OF MASSACHUSETTS FOUNDATION INC | |||||||||
| ONE BEACON STREET 31ST FLOOR | BOSTON | MA | 02108 | 046013152 | 501C3 | $635,800 | $0 | CONSULTING | |
| UTEC INC | |||||||||
| PO BOX 7066 | LOWELL | MA | 01852 | 383669532 | 501C3 | $110,000 | $0 | CONSTRUCTION | |
| WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC | |||||||||
| 210 PARK AVENUE SUITE 224 | WORCESTER | MA | 016092246 | 562522670 | 501C3 | $300,000 | $0 | EQUIPMENT | |
| WORLD MONUMENTS FUND INC | |||||||||
| 350 FIFTH AVENUE | NEW YORK | NY | 10118 | 132571900 | 501C3 | $256,050 | $0 | PROGRAM SUPPORT | |
| YALE SCHOOL OF MEDICINE | |||||||||
| PO BOX 2038 | NEW HAVEN | CT | 06521 | 060646973 | 501C3 | $3,500,000 | $0 | MEDICAL RESEARCH | |
| YOUTHBUILD USA INC | |||||||||
| 1785 COLUMBUS AVE SUITE 500 | ROXBURY | MA | 021191041 | 223076454 | 501C3 | $500,000 | $0 | TECHNOLOGY | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 56 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MONITORS ITS GRANTS TO ENSURE THAT THEY ARE USED FOR THE INTENDED CHARITABLE PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM THE INTENDED USE. GRANT RECIPIENTS ARE CHOSEN ON THE BASIS OF DETAILED WRITTEN DESCRIPTIONS OF THE INTENDED CHARITABLE USE OF FUNDS; PUBLIC CHARITY DETERMINATIONS; AND OCCASIONAL FIELD INVESTIGATIONS CONDUCTED BY THE ORGANIZATION'S STAFF. EACH GRANTEE PROVIDES DETAILED WRITTEN REPORTS OF THE EXPENDITURE OF GRANT FUNDS TO THE ORGANIZATION. GRANTS ARE ACCOUNTED FOR ON A CASH BASIS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUSAN HOCKFIELD | ||||||||||||||
| DIRECTOR | $12,000 | $597,547 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,000 | $597,547 | $0 | $0 |
| MAURA MARX | ||||||||||||||
| PRESIDENT | $224,454 | $0 | $195,250 | $0 | $0 | $0 | $22,942 | $0 | $7,263 | $0 | $449,909 | $0 | $0 | $0 |
| CAROLINE NOLAN | ||||||||||||||
| PROGRAM DIRECTOR | $161,828 | $0 | $35,200 | $0 | $0 | $0 | $23,126 | $0 | $20,878 | $0 | $241,032 | $0 | $0 | $0 |
| DANIEL M ARDITO | ||||||||||||||
| TREASURER | $96,136 | $0 | $95,200 | $0 | $0 | $0 | $20,370 | $0 | $11,749 | $0 | $223,455 | $0 | $0 | $0 |
| CANDACE TEBBENKAMP | ||||||||||||||
| SR PROGRAM OFFICER, MEDICAL SCIENCE | $175,899 | $0 | $29,925 | $0 | $0 | $0 | $348 | $0 | $2,698 | $0 | $208,870 | $0 | $0 | $0 |
| KEVIN DA SILVA | ||||||||||||||
| DIRECTOR, MEDICAL SCIENCE & HEALTH | $161,824 | $0 | $26,249 | $0 | $0 | $0 | $0 | $0 | $7,298 | $0 | $195,371 | $0 | $0 | $0 |
| LYDIA BERGEN | ||||||||||||||
| VP, OPERATIONS | $115,234 | $0 | $37,500 | $0 | $0 | $0 | $24,250 | $0 | $3,246 | $0 | $180,230 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE FOUNDATION ENGAGES FFSP LLC IN A COST SHARING ARRANGEMENT TO PROVIDE STAFF, ADMINISTRATIVE AND PROGRAM MANAGEMENT SUPPORT. FFSP ENTERED INTO WRITTEN COMPENSATION AGREEMENTS WITH ALL OF ITS EMPLOYEES ON THE DATE OF HIRE. THE COMPENSATION IN THE AGREEMENTS WERE ALL BASED ON THIRD-PARTY COMPARABILITY DATA COMPILED AND UPDATED IN 2020. IN 2020, THE FFSP COMPENSATION COMMITTEE RELIED ON THE SAME COMPARABILITY DATA WHEN MAKING YEAR END SALARY ADJUSTMENTS, DETERMINING YEAR-END BONUSES, AND AWARDING LONG-TERM COMPENSATION FOR 2021. AS A RESULT, THE PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT AND THE TREASURER INCLUDED THE FOLLOWING: (1) PRIOR TO ENTERING INTO SUCH ARRANGEMENTS, APPROPRIATE COMPARABILITY DATA WAS OBTAINED AND USED, AND SUCH ARRANGEMENT WAS THEN REVIEWED AND APPROVED BY THE APPROPRIATE COMPENSATION COMMITTEE, OF WHICH ONLY INDEPENDENT PERSONS VOTED; AND (2) MINUTES FOR COMPENSATION COMMITTEE MEETINGS WERE PREPARED, PROVIDING CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION BY NOTING THE TERMS OF THE ARRANGEMENT AND DATE IT WAS APPROVED, THE COMMITTEE MEMBERS WHO WERE PRESENT AND THOSE WHO VOTED ON IT, AND THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE COMMITTEE. |
| PART I, LINE 7 | THE ORGANIZATION PROVIDED A NON-FIXED PAYMENT FOR THE PRESIDENT AND TREASURER IN THE FORM OF A BONUS WHICH REFLECTED REASONABLE COMPENSATION. THE BONUS WAS NOT TIED TO THE NET REVENUES OF THE ORGANIZATION NOR WAS A JOINT VENTURE PRESENT. THE COMPENSATION COMMITTEE APPROVED AN EMPLOYMENT CONTRACT WITH THE EXECUTIVES THAT INCLUDED A YEAR END BONUS WITH A SPECIFIED CAP ON THE AMOUNT, THE COMPENSATION COMMITTEE HAS ESTABLISHED A REBUTTABLE PRESUMPTION AS TO THE NONFIXED PAYMENT WHEN THE EMPLOYMENT CONTRACT WAS ENTERED INTO BY, IN EFFECT, ASSUMING THAT THE MAXIMUM AMOUNT PAYABLE UNDER THE CONTRACT WOULD BE PAID, AND SATISFYING THE REQUIREMENTS GIVING RISE TO THE REBUTTABLE PRESUMPTION FOR THAT MAXIMUM AMOUNT. 26 C.F.R. 53.4958-6(D)(2) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | ELIZABETH B JOHNSON EDWARD C JOHNSON IV CHRISTOPHER J MCKOWN FAMILY RELATIONSHIP |
| FORM 990, PART VI, SECTION A, LINE 3 | THE FOUNDATION ENGAGES FFSP LLC IN A COST SHARING ARRANGEMENT TO PROVIDE STAFF, ADMINISTRATIVE AND PROGRAM MANAGEMENT SUPPORT. IN ADDITION, PROGRAM MANAGEMENT AND GRANTS ADMINISTRATION SERVICES WERE PROVIDED TO THE FOUNDATION UNDER AN ADMINISTRATIVE SERVICES CONTRACT BY FMR LLC, WHICH IS A SUBSTANTIAL CONTRIBUTOR TO THE FOUNDATION. FMR LLC PROVIDED THESE SERVICES TO THE FOUNDATION AT NO CHARGE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE ORGANIZATION ELECT MEMBERS OF THE BOARD OF TRUSTEES PERIODICALLY AND/OR WHEN VACANCIES ARISE. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE TRUSTEES ARE ELECTED BY VOTE PERIODICALLY AND/OR WHEN VACANCIES ARISE, BY THE MEMBERS OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE FORM 990 IS PROVIDED TO EACH OF THE MEMBERS OF THE GOVERNING BODY. THE ENTIRE FORM 990 IS REVIEWED BY THE MEMBERS OF THE AUDIT COMMITTEE. OFFICERS OF THE ORGANIZATION AS WELL AS THE PAID PREPARER REVIEW THE FORM 990 WITH THE MEMBERS OF THE AUDIT COMMITTEE BEFORE THE RETURN IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS AND TRUSTEES SIGN AN ANNUAL STATEMENT ATTESTING THAT THEY ARE IN COMPLIANCE WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY AND DISCLOSE RELEVANT FINANCIAL INTERESTS AND AFFILIATIONS WITH POTENTIAL GRANTEES. IN INSTANCES WHERE THE BOARD DETERMINES THE EXISTENCE OF A CONFLICT, PARTICIPATION IN THE BOARD'S DELIBERATIONS AND DECISIONS IS LIMITED TO DISINTERESTED TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FOUNDATION ENGAGES FFSP LLC IN A COST SHARING ARRANGEMENT TO PROVIDE STAFF, ADMINISTRATIVE AND PROGRAM MANAGEMENT SUPPORT. FFSP ENTERED INTO WRITTEN COMPENSATION AGREEMENTS WITH ALL OF ITS EMPLOYEES ON THE DATE OF HIRE. THE COMPENSATION IN THE AGREEMENTS WERE ALL BASED ON THIRD-PARTY COMPARABILITY DATA COMPILED AND UPDATED IN 2021. IN 2021, THE FFSP COMPENSATION COMMITTEE RELIED ON THE SAME COMPARABILITY DATA WHEN MAKING YEAR END SALARY ADJUSTMENTS, DETERMINING YEAR-END BONUSES, AND AWARDING LONG-TERM COMPENSATION FOR 2022. AS A RESULT, THE PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT AND THE TREASURER INCLUDED THE FOLLOWING: (1) PRIOR TO ENTERING INTO SUCH ARRANGEMENTS, APPROPRIATE COMPARABILITY DATA WAS OBTAINED AND USED, AND SUCH ARRANGEMENT WAS THEN REVIEWED AND APPROVED BY THE APPROPRIATE COMPENSATION COMMITTEE, OF WHICH ONLY INDEPENDENT PERSONS VOTED; AND (2) MINUTES FOR COMPENSATION COMMITTEE MEETINGS WERE PREPARED, PROVIDING CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION BY NOTING THE TERMS OF THE ARRANGEMENT AND DATE IT WAS APPROVED, THE COMMITTEE MEMBERS WHO WERE PRESENT AND THOSE WHO VOTED ON IT, AND THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC ON FILE WITH THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL. |
| FORM 990, PART XI, LINE 9: | ACCRUAL TO CASH ADJUSTMENT -3,958. |
| FORM 990 PART XII LINE 2C | THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE UNDER ITS GOVERNING DOCUMENTS FOR (I) OVERSEEING THE COMPILATION, REVIEW, OR AUDIT OF THE FINANCIAL STATEMENTS; AND (II) THE SELECTION OF AN INDEPENDENT ACCOUNTANT THAT COMPILED, REVIEWED, OR AUDITED THE STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE` PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | ||||||||||
| 292 MAIN STREET | CAMBRIDGE | MA | 02139 | 042103594 | EDUCATION | MA | 501C(3) | 2 | NOT APPLICABLE | 0 |
| MUSEUM OF FINE ARTS | ||||||||||
| 465 HUNTINGTON AV | BOSTON | MA | 02115 | 042103607 | CULTURE | MA | 501C(3) | 7 | NOT APPLICABLE | 0 |
| BAYLOR COLLEGE OF MEDICINE | ||||||||||
| ONE BAYLOR PLAZA | HOUSTON | TX | 77030 | 741613878 | MEDICAL | TX | 501C(3) | 2 | NOT APPLICABLE | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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