CAMBRIDGE TRUST CHARITABLE FOUND FKA WELLESLEY BANK CHARITABLE FDN: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CAMBRIDGE TRUST CHARITABLE FOUND FKA WELLESLEY BANK CHARITABLE FDN (EIN 45-4182909)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-04-20
- IRS object ID
- 202111109349100316
- Schema version
- 2020v4.1
- 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
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-20T15:02:23-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042689883 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOLF & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 HIGH STREET 21ST FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454182909 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMBRIDGE TRUST CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | F/K/A WELLESLEY BANK CHARITABLE FDN INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CAMB | BusinessNameControlTxt |
| Phone | 6175205543 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 78 BLANCHARD ROAD | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01803 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL F CAROTENUTO | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6175205543 | PhoneNum |
| Signature | 2021-04-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | CAROTENUTO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 000003508 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HARRY A KALAJIAN JR CPA | PreparerPersonNm |
| PTIN | P00464296 | PTIN |
| Phone | 6174399700 | PhoneNum |
| Preparation | 2021-04-20 | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,688,572 | 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 | $100,155 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $75,682 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $75,682 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $93,794 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $123,364 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $123,364 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,962 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $45 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $274,593 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $199,091 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $2,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,125 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,125 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,550 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,550 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $2,500 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $35 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $35 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $9,710 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,710 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $163,390 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $158,890 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $173,100 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $163,600 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $101,493 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $199,091 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $8,309 | CashBOYAmt |
| Cash EOY | $9,202 | CashEOYAmt |
| Cash EOYFMV | $9,202 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $14,337 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $144,504 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $144,504 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,206,883 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,534,866 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,534,866 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $5,229,529 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,688,572 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,688,572 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $5,229,529 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,688,572 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,229,529 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,688,572 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,229,529 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,688,572 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,229,529 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $101,493 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,331,022 | SubtotalAmt |
| Other Decreases | $642,450 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,688,572 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| WELLESLEY BANCORP INC. | D | 2012-01-25 | 2020-02-26 | $68,890 | $68,890 | $68,890 |
| WELLESLEY BANCORP INC. | D | 2012-01-25 | 2020-02-26 | $54,474 | $54,474 | $54,474 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $123,364 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,767 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,767 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,767 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,667 | 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 | $2,667 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $100 | TaxDueAmt |
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 | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | N/A | WebsiteAddressTxt |
| Individual With Books | MICHAEL F CAROTENUTO | IndividualWithBooksNm |
| Phone | 6175205543 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 78 BLANCHARD ROAD | AddressLine1Txt |
| City | BURLINGTION | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (12 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL CAROTENUTO | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | TREASURER/DRIECTOR | 1.00 | $0 | $0 | $0 |
| THOMAS J FONTAINE | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| ADELLE GREENBERG | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | SECRETARY | 1.00 | $0 | $0 | $0 |
| SHEILA ESTES | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ADAM JOHNSTON | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| RALPH LETNER | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DANIEL MORRISON | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JENNIFER PLINE | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DINA SCIANNA | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| KATHERINE LAFEVERS | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | CLERK | 1.00 | $0 | $0 | $0 |
| ROMA MAYUR | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MAUREEN SULLIVAN | ||||||||
| 78 BLANCHARD ROAD | BURLINGTON | MA | 01803 | PRESIDENT (THRU 6/30/2020) | 6.00 | $2,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $4,090,564 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $38,910 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,129,474 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,129,474 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $61,942 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,067,532 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $203,377 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $203,377 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,767 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,767 | TotalTaxAmt |
| Distributable Before Adj | $200,610 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $200,610 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $200,610 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $163,600 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $163,600 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $163,600 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $200,610 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $7,720 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $26,769 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $66,160 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $100,649 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $163,600 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $163,600 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $37,010 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $37,010 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $63,639 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $63,639 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $63,639 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ADELLE GREENBERG | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WORCESTER ST NO 300 | AddressLine1Txt |
| City | WELLESLEY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02181 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8442510099 | RecipientPhoneNum |
| Recipient Email Address | ADELLE.GREENBERG@CAMBRIDGETRUST.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | CONTACT THE FOUNDATION | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | CONTACT THE FOUNDATION | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ATTACHED STATEMENT | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (59 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 826 BOSTON | |||||||
| 3035 WASHINGTON STREET | BOSTON | MA | 02119 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| ALRAY SCHOLARS PROGRAM | |||||||
| PO BOX 960400 | BOSTON | MA | 02196 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| AUTISM SERVICES ASSOCIATION | |||||||
| 47 WALNUT STREET | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| BIGELOW MIDDLE SCHOOL | |||||||
| 42 VERNON ST | NEWTON | MA | 02458 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| BOSTON CHARITABLE TRUST FUND | |||||||
| 1 CITY HALL SQUARE NO 500 | BOSTON | MA | 02201 | NOT RELATED | PC | EXEMPT PURPOSE | $10,000 |
| BOSTON SIGHT | |||||||
| 464 HILLSIDE AVE 205 | NEEDHAM HEIGHTS | MA | 02494 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| BOYS AND GIRLS CLUBS METROWEST | |||||||
| 169 PLEASANT ST | MARLBOROUGH | MA | 01752 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| CARROLL CENTER FOR THE BLIND THE | |||||||
| 770 CENTRE ST | NEWTON | MA | 02458 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| CENTRE STREET FOOD PANTRY | |||||||
| 11 HOMER ST | NEWTON CENTRE | MA | 02459 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| CHARLES RIVER CENTER | |||||||
| 59 E MILITIA HEIGHTS DR | NEEDHAM | MA | 02492 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| COMMUNITY INVESTORS | |||||||
| 25 EARLE ROAD | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| ELIZABETH SETON RESIDENCE | |||||||
| 125 OAKLAND STREET | WELLESLEY | MA | 02482 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| ELLIE FUND THE | |||||||
| 200 RESERVOIR ST SUITE 300 | NEEDHAM | MA | 02494 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| ENGLISH FOR NEW BOSTONIANS INC | |||||||
| 105 CHAUNCY ST | BOSTON | MA | 02111 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| ESPLANADE ASSOCATION | |||||||
| 575 BOYLSTON ST SUITE 4R | BOSTON | MA | 02116 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| FACING CANCER TOGETHER | |||||||
| 63 LINCOLN ST | NEWTON HIGHLANDS | MA | 02461 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| FAMILIES FIRST | |||||||
| 9 GALEN ST SUITE 400 | WATERTOWN | MA | 02472 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| FOUNDATION FOR METROWEST | |||||||
| 3 ELIOT STREET | NATICK | MA | 01760 | NOT RELATED | PC | EXEMPT PURPOSE | $25,000 |
| FRIENDS OF BOSTON HOMELESS | |||||||
| 12 WISE STREET | BOSTON | MA | 02130 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| FRIENDS OF WELLESLEY METCO | |||||||
| PO BOX 81163 | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| GATEWAY TO JEWISH EDUCATION | |||||||
| 333 NAHANTON ST | NEWTON | MA | 02459 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| GREEN NEWTON | |||||||
| PO BOX 590242 | NEWTON CENTRE | MA | 02459 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| HEALTHCARE WITHOUT WALLS | |||||||
| 148 LINDEN ST 208 | BOSTON | MA | 02482 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| HOPE & COMFORT | |||||||
| PO BOX 241 | NEWTON | MA | 02464 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| HUMAN RELATIONS SERVICE | |||||||
| LINDEMANN HOUSE 11 CHAPEL PL | WELLESLEY HILLS | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| HUNNEWELL ELEMENTARY SCHOOL | |||||||
| 28 CAMERON ST | WELLESLEY | MA | 02482 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| LAWYERS CLEARINGHOUSE | |||||||
| 7 WINTHROP SQUARE | BOSTON | MA | 02110 | NOT RELATED | PC | EXEMPT PURPOSE | $1,500 |
| MARE | |||||||
| 19 NEEDHAM ST SUITE 206 | NEWTON | MA | 02461 | NOT RELATED | PC | EXEMPT PURPOSE | $310 |
| MASS INSIGHT | |||||||
| 69 CANAL ST 3RD FL | BOSTON | MA | 02114 | NOT RELATED | PC | EXEMPT PURPOSE | $10,000 |
| METRO HOUSING BOSTON | |||||||
| 1411 TREMONT ST | BOSTON | MA | 02120 | NOT RELATED | PC | EXEMPT PURPOSE | $2,000 |
| NATICK SERVICE COUNCIL | |||||||
| 2 WEBSTER ST | NATICK | MA | 01760 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| NEW ENGLAND CENTER FOR HOMELESS VETERANS | |||||||
| 17 COURT STREET | BOSTON | MA | 02108 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| NEW ERA FUND | |||||||
| 500 WASHINGTON STREET | WELLESLEY | MA | 02482 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| NEWTON COVID CARES CO UNITED WAY | |||||||
| 9 CHANNEL CENTER ST SUITE 500 | BOSTON | MA | 02210 | NOT RELATED | PC | EXEMPT PURPOSE | $10,000 |
| ONE FOR HEALTH | |||||||
| 290 SOUTH ST | WALPOLE | MA | 02081 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| PROJECT CITIZENSHIP | |||||||
| 4 S MARKET ST BUILDING 3RD FLOOR | BOSTON | MA | 02109 | NOT RELATED | PC | EXEMPT PURPOSE | $3,000 |
| REACH BEYOND DOMESTIC VIOLENCE | |||||||
| PO BOX 540024 | WALTHAM | MA | 02454 | NOT RELATED | PC | EXEMPT PURPOSE | $1,500 |
| RIVERBEND SCHOOL | |||||||
| 33 ELIOT ST | NATICK | MA | 01760 | NOT RELATED | PC | EXEMPT PURPOSE | $3,500 |
| SAMARITANS | |||||||
| 41 WEST ST | BOSTON | MA | 02111 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| SCHOFIELD ELEMENTARY SCHOOL PTO | |||||||
| 27 CEDAR ST | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| SECOND STEP THE | |||||||
| PO BOX 600213 | NEWTONVILLE | MA | 02460 | NOT RELATED | PC | EXEMPT PURPOSE | $3,330 |
| SOMERVILLE COMMUNITY CORPORATION | |||||||
| 337 SOMERVILLE AVE | SOMERVILLE | MA | 02143 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| SOUTH SUDANESE ENRICHMENT FOR FAMILIES | |||||||
| 10 MEADOWDAM RD | LINCOLN | MA | 01773 | NOT RELATED | PC | EXEMPT PURPOSE | $250 |
| SPRAGUE ELEMENTARY SCHOOL | |||||||
| 401 SCHOOL ST | WELLESLEY | MA | 02482 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| SPRINGWELL | |||||||
| 307 WAVERLY OAKS RD NO 205 | WALTHAM | MA | 02452 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| ST JOHN SCHOOL | |||||||
| 9 LEDYARD ST | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| TENACITY | |||||||
| 38 EVERETT STREET | BOSTON | MA | 02134 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| THE CENTER FOR ARTS IN NATICK | |||||||
| 14 SUMMER ST | NATICK | MA | 01760 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| THE TRAVIS ROY FOUNDATION | |||||||
| 101 HUNTINGTON AVE SUITE 520 | BOSTON | MA | 02199 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| WAYPOINT ADVENTURE | |||||||
| 453 CONCORD AVE | LEXINGTON | MA | 02421 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| WELLESLEY COMMUNITY CENTER | |||||||
| 106 CENTRAL STREET | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| WELLESLEY COMMUNITY CHILDRENS CENTER | |||||||
| 106 CENTRAL STREET | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| WELLESLEY EDUCATION FOUNDATION | |||||||
| PO BOX 812321 | WELLESLEY | MA | 02482 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| WELLESLEY FOUNDATION ROTARY CLUB | |||||||
| PO BOX 81206 | WELLESLEY HILLS | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| WELLESLEY HISTORICAL SOCIETY | |||||||
| 229 WASHINGTON ST | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| WELLESLEY POPS | |||||||
| PO BOX 812136 | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| WELLESLEY SCHOLARSHIP FOUNDATION | |||||||
| PO BOX 81207 | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $5,000 |
| WELLESLEY SERVICE LEAGUE | |||||||
| 219 WASHINGTON ST | WELLESLEY | MA | 02481 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| WOMEN'S LUNCH PLACE | |||||||
| 67 NEWBURY STREET | BOSTON | MA | 02116 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $158,890 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CAREER COLLABORATIVE | |||||||
| 100 SUMMER ST 17TH FLOOR | BOSTON | MA | 02110 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| CENTER FOR WOMEN AND ENTERPRISE | |||||||
| 44 SCHOOL ST SUITE 200 | BOSTON | MA | 02108 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| WORLD OF WELLESLEY | |||||||
| PO BOX 812381 | WELLESLEY | MA | 02482 | NOT RELATED | PC | EXEMPT PURPOSE | $500 |
| WELLESLEY KIWANIS FUND | |||||||
| PO BOX 812201 | WELLESLEY | MA | 02482 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $4,500 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $75,682 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $93,794 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| CASH IN LIEU | 01 | $45 | |
| REFUND OF PRIOR YEAR EXPENSES | $4,917 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $169,521 | ExclusionAmt |
| Related Or Exempt Function Incm | $4,917 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $174,438 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11B | LineNumberTxt |
| Relationship Statement | REFUND OF PRIOR YEAR EXPENSES | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLESLEY BANK | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 CENTRAL STREET | AddressLine1Txt |
| City | WELLESLEY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02482 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $100,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | WOLF & COMPANY, P.C. | CategoryTxt |
| Amt | $1,550 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,550 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | WELLESLEY BANCORP, INC. | StockNm |
| EOY Book Value | $4,534,866 | EOYBookValueAmt |
| EOYFMV | $4,534,866 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | HURWIT & ASSOCIATES | CategoryTxt |
| Legal Fees | $3,125 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,125 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED INVESTMENT GAINS/LOSSES | Desc |
| Amt | $642,450 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEES | Desc |
| Revenue And Expenses Per Books | $35 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $35 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CASH IN LIEU | $45 | $45 | $45 |
| REFUND OF PRIOR YEAR EXPENSES | $4,917 | $4,917 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 2020 ESTIMATED FEDERAL TAX | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments