ARZAK FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: ARZAK FOUNDATION (EIN 87-0760799)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-07-13
IRS object ID: 202111949349100776
Schema version: 2020v4.1
Note: A later return for the same period supersedes this one.
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
Depreciation Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-07-13T16:27:27-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PECK ASSOCIATES PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	20 WALNUT STREET SUITE 210	AddressLine1Txt
City	WELLESLEY HILLS	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	024812104	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	870760799	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ARZAK FOUNDATION	BusinessNameLine1Txt
Business Name Line2	MS SUSAN R SHAPIRO	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% SUSAN R SHAPIRO	InCareOfNm
Business Name Control	ARZA	BusinessNameControlTxt
Phone	6176405974	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1298	AddressLine1Txt
City	NANTUCKET	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02554	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SUSAN SHAPIRO	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	6172773408	PhoneNum
Signature	2021-03-01	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SUSAN	PersonFirstNm
Person Last	SHAPIRO	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GARY J MARINI CPA	PreparerPersonNm
PTIN	P00179616	PTIN
Phone	7812357517	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd

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
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$9,257,316	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$7,950	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$112,642	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$112,642	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$790,515	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,750,000	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$790,515	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$911,107	TotalRevAndExpnssAmt
Total Net Invst Incm	$903,157	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$15,144	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$7,572	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$7,572	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$92	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$15,236	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$7,572	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$7,572	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$777,773	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$777,773	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$793,009	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$7,572	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$785,345	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$118,098	ExcessRevenueOverExpensesAmt
Net Investment Income	$895,585	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$0	CashBOYAmt
Cash EOY	$3,582,211	CashEOYAmt
Cash EOYFMV	$3,582,211	CashEOYFMVAmt
Corporate Stock BOY	$52,418	CorporateStockBOYAmt
Corporate Stock EOY	$52,418	CorporateStockEOYAmt
Corporate Stock EOYFMV	$91,560	CorporateStockEOYFMVAmt
Other Investments BOY	$5,704,115	OtherInvestmentsBOYAmt
Other Investments EOY	$2,407,778	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$5,583,545	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$5,756,533	TotalAssetsBOYAmt
Total Assets EOY	$6,042,407	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,257,316	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$5,756,533	CapitalStockBOYAmt
Capital Stock EOY	$6,042,407	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$5,756,533	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$6,042,407	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$5,756,533	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$6,042,407	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$5,756,533	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$118,098	ExcessRevenueOverExpensesAmt
Other Increases	$167,776	OtherIncreasesAmt
Subtotal	$6,042,407	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$6,042,407	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	FIDELITY INVESTMENTS 4740	PropertyDesc
How Acquired	P	HowAcquiredCd
Sold	2020-12-31	SoldDt
Gross Sales Price	$1,750,000	GrossSalesPriceAmt
Cost Or Other Basis	$959,485	CostOrOtherBasisAmt
Gain Or Loss	$790,515	GainOrLossAmt
Gains Minus Excess Or Losses	$790,515	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$790,515	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$12,449	InvestmentIncomeExciseTaxAmt
Subtotal	$12,449	SubtotalAmt
Tax Based On Investment Income	$12,449	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,788	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$20,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$21,788	TotalPaymentsAndCreditsAmt
Es Penalty	$1	EsPenaltyAmt
Overpayment	$9,338	OverpaymentAmt
Applied To ES Tax	$9,338	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	MA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	SUSAN R SHAPIRO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6172776886	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1298	AddressLine1Txt
City	NANTUCKET	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02554	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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
L DENNIS SHAPIRO
24 ESSEX ROAD	CHESTNUT HILL	MA	02467	TRUSTEE	1.0	$0	$0	$0
SUSAN R SHAPIRO
24 ESSEX ROAD	CHESTNUT HILL	MA	02467	TRUSTEE	1.0	$0	$0	$0

Field	Value	IRS element (for citing)
Summary Of Direct Chrtbl Acty		SummaryOfDirectChrtblActyGrp
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$5,598,154	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$3,312,211	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$8,910,365	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$8,910,365	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$133,655	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$8,776,710	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$438,836	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$438,836	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$12,449	TaxBasedOnInvestmentIncomeAmt
Total Tax	$12,449	TotalTaxAmt
Distributable Before Adj	$426,387	DistributableBeforeAdjAmt
Distributable Before Ded	$426,387	DistributableBeforeDedAmt
Distributable As Adjusted	$426,387	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$785,345	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$785,345	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$785,345	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$426,387	DistributableAsAdjustedAmt
Prior Year1	2018	PriorYear1Yr
Prior Year2	2017	PriorYear2Yr
Prior Year3	2016	PriorYear3Yr
Excess Distribution Cyov Yr5	$65,859	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$7,980	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1	$572,911	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$646,750	TotalExcessDistributionCyovAmt
Qualifying Distributions	$785,345	QualifyingDistributionsAmt
Applied To Current Year	$426,387	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$358,958	RemainingDistriFromCorpusAmt
Total Corpus	$1,005,708	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$65,859	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$939,849	ExcessDistriCyovToNextYrAmt
Excess From Year4	$7,980	ExcessFromYear4Amt
Excess From Year1	$572,911	ExcessFromYear1Amt
Excess From Current Year	$358,958	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	L DENNIS SHAPIRO	ContributingManagerNm
Contributing Manager	SUSAN R SHAPIRO	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	SUSAN R SHAPIRO	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	24 ESSEX ROAD	AddressLine1Txt
City	CHESTNUT HILL	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02467	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	6179517077	RecipientPhoneNum

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (71 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt	Recipient RelationshipRecipientRelationshipTxt
BOSTON LYRIC OPERA
45 FRANKLIN STREET	BOSTON	MA	02110	PC	CULTURAL	$15,000
COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON
126 HIGH STREET	BOSTON	MA	02110	EOF	EDUCATION AND SOCIAL AWARENESS	$10,000
CONSUMER TECHNOLOGY ASSOCIATION FOUNDATION
1919 S EADS STREET	ARLINGTON	VA	22202	PC	EDUCATIONAL	$10,000
GOLDEN GATE NATIONAL PARK CONS
BUILDING 201 FORT MASON	SAN FRANCISCO	CA	941230022	PC	MAINTAINING NATIONAL PARK	$200
HARVARD LAW SCHOOL
124 MOUNT AUBURN STREET	CAMBRIDGE	MA	02138	PC	EDUCATIONAL	$500
HIRSHBERG FDN FOR PANCREATIC CANCER RESEARCH
2990 S SEPULVEDA BLVD SUITE 300C	LOS ANGELES	CA	90064	PC	MEDICAL AND EDUCATIONAL	$500
UNITED STATES HOLOCAUST MEMORIAL MUSEUM
100 RAOUL WALLENBERG PLACE SW	WASHINGTON	DC	200242126	PC	EDUCATIONAL	$5,000
THE HUNTINGTON LIBRARY
1151 OXFORD ROAD	SAN MARINO	CA	91108	PC	EDUCATIONAL	$115,000
IEEE
445 HOES LANE	PISCATAWAY	NJ	08854	PC	EDUCATIONAL	$10,000
JEWISH FEDERATION OF GREATER LOS ANGELES
6505 WILSHIRE BOULEVARD	LOS ANGELES	CA	90048	PC	SOCIAL SERVICE	$13,000
KENYON COLLEGE
COLLEGE RELATIONS CENTER	GAMBIER	OH	43022	PC	EDUCATIONAL	$500
LOS ANGELES OPERA
DOROTHY CHANDLER PAV	LOS ANGELES	CA	90012	PC	CULTURAL	$50,000	135 NORTH GRAND AVENUE
THE MANUSCRIPT SOCIETY
PO BOX 13349	OVERLAND PARK	KS	66282	PC	EDUCATIONAL	$915
MASSACHUSETTS GENERAL HOSPITAL
125 NASHUA STREET	BOSTON	MA	021141101	PC	HEALTH SERVICES	$15,000	SUITE 540
MASSACHUSETTS HISTORICAL SOCIETY
1154 BOYLSTON STREET	BOSTON	MA	022153695	PC	EDUCATIONAL	$11,000
MIT ALUMNI FUND
600 MEMORIAL DRIVE	CAMBRIDGE	MA	02139	PC	EDUCATIONAL	$1,000
NANTUCKET COMMUNITY SAILING
PO BOX 2424	NANTUCKET	MA	02584	PC	SPORTS EDUCATION	$1,500
NANTUCKET CONSERVATION FOUNDATION
118 CLIFF ROAD	NANTUCKET	MA	025540013	PC	EDUCATIONAL	$10,000
NANTUCKET COTTAGE HOSPITAL
57 PROSPECT STREET	NANTUCKET	MA	02554	PC	MEDICAL SERVICES	$34,990
NANTUCKET HISTORICAL ASSOCIATION
PO BOX 1016	NANTUCKET	MA	02554	PC	EDUCATIONAL	$2,750
PLANNED PARENTHOOD
123 WILLIAMS STREET	NEW YORK	NY	10038		EDUCATINAL AND SOCIAL WELFARE	$1,000	10TH FLOOR
SHIRAT HAYAM CONGREGATION
84 SKYLINE DRIVE	NANTUCKET	MA	02554	PC	RELIGIOUS	$2,800
TEMPLE AKIBA
5249 SEPULVEDA BLVD	CULVER CITY	CA	902305213	PC	RELIGIOUS	$5,925
TEMPLE ISRAEL OF BOSTON
477 LONGWOOD AVENUE	BOSTON	MA	02215	PC	RELIGIOUS	$3,800
TEMPLE ISRAEL OF HOLLYWOOD
7300 HOLLYWOOD BOULEVARD	LOS ANGELES	CA	90046	PC	EDUCATIONAL	$24,750
UCLA HEALTH SCIENCES
8-950 FACTOR BUILDING	LOS ANGELES	CA	900951780	PC	HEALTH SCIENCES AND EDUCATIONAL	$10,000	BO BOX 951780
KCSM JAZZ
1700 WEST HILLSIDE BLVD	SAN MATEO	CA	94402	PC	CULTURAL AND EDUCATIONAL	$100
NARAL PRO-CHOICE AMERICA
1725 EYE STREET NW	WASHINGTON	DC	20006	PC	HEALTH SERVICES	$200	SUITE 900
MASTERPIECE TRUST
C/O PUBLIC BROADCASTING SERVICES	ARLINGTON	VA	22202	PC	EDUCATIONAL AND CULTURAL	$25,000	2100 CRYSTAL DRIVE
THE SKATING CLUB OF BOSTON
750 UNIVERSITY AVENUE	NORWOOD	MA	02062	PC	SPORTS EDUCATION	$10,000
AMERICAN JEWISH WORLD SERVICE
45 WEST 36TH STREET	NEW YORK	NY	10018	PC	SOCIAL WELFARE	$3,000
ALAMEDA COUNTY COMMUNITY FOOD BANK
7900 EDGEWATER DRIVE	OAKLAND	CA	94621	PC	SOCIAL WELFARE	$4,000
MAZON
10850 WILSHIRE BLVD	LOS ANGELES	CA	90024	PC	SOCIAL WELFARE	$500	SUITE 400
STAND WITH US
6505 WILSHIRE BOULEVARD	LOS ANGELES	CA	90048	PC	CULTURAL AND EDUCATIONAL	$1,000	FIFTH FLOOR	NONE
INTERNATIONAL RESCUE COMMITTEE
122 EAST 42ND STREET	NEW YORK	NY	101681289	PC	SOCIAL SERVICES	$1,000
NANTUCKET ATHENEUM
ONE INDIA STREET	NANTUCKET	MA	02554	PC	CULTURAL AND EDUCATIONAL SERVICES	$1,500
JEWISH FAMILY AND CHILDREN'S SERVICES
PO BOX 159004	SAN FRANCISCO	CA	94115	PC	SOCIAL SERVICES	$4,000
INTERNATIONAL MEDICAL CORPS
12400 WILSHIRE BLVD	LOS ANGELES	CA	90025	PC	MEDICAL AND EDUCATIONAL	$1,000	SUITE 1500
NANTUCKET YACHT CLUB FOUNDATION INC
1 SOUTH BEACH STREET	NANTUCKET	MA	02554	PC	SPORTS EDUCATION	$500	PO BOX 667	NONE
FILMAKERS COLLABORATE
6 EASTMAN PLACE	MELROSE	MA	02176	PC	EDUCATIONAL	$1,000	SUITE 202
THE LIBRARIAN OF CONGRESS
101 INDEPENDENCE AVENUE SE	WASHINGTON	DC	205401000	PC	EDUCATIONAL	$25,000
HAND IN HAND USA
710 ST JOSHEPH DRIVE	OAK BROOK	IL	60523	PC	EDUCATIONAL AND SOCIAL WELFARE	$400
FACING HISTORY AND OURSELVES
16 HURD ROAD	BROOKLINE	MA	02445	PC	EDUCATIONAL AND CULTURAL	$1,000
THE SOUTHERN POVERTY LAW CT
400 WASHINGTON AVENUE	MONTGOMERY	AL	36104	PC	EDUCATIONAL AND SOCIAL SERVICES	$1,000
HEBREW UNION COLLEGE JEWISH INSTITUTE OF RELIGION
ONE WEST FOUTH STREET	NEW YORK	NY	10012	PC	RELIGIOUS EDUCATION	$200
SKY'S THE LIMIT FUND
510A VALLEY WAY	MILPITAS	CA	95035	PC	EDUCATIONAL AND SOCIAL SERVICES	$500
MISSEY
424 JEFFERRSON STREET	OAKLAND	CA	94607	PC	EDUCATIONAL AND SOCIAL SERVICES	$100		NONE
BOSTON ATHENAEUM
10 1/2 BEACON STREET	BOSTON	MA	02108	PC	EDUCATIONAL AND CULTURAL	$2,700		NONE
DOCTORS WITHOUT BORDERS
40 RECTOR STREET	NEW YORK	NY	10006	PC	SOCIAL WELFARE	$500	16TH FLOOR
INDIAN LAW RESOURCE CENTER
602 NORTH EWING STREET	HELENA	MT	59601	PC	SOCIAL SERVICES	$2,000
GLOBAL FUND FOR WOMEN
800 MARKET STREET	SAN FRANCISCO	CA	94102	PC	SOCIAL SERVICES	$1,000	SEVENTH FLOOR
BAY AREA OUTREACH AND RECREATION PROGRAM
3075 ADELINE ST	BERKELEY	CA	947032578	PC	SOCIAL SERVICES	$100	STE 200
NEW ISRAEL FUND
SIX EAST 39TH STREET	NEW YORK	NY	10016	PC	SOCIAL SERVICES	$2,200	SUITE 301
KALW
500 MANSELL STREET	SAN FRANCISCO	CA	94134	PC	EDUCATIONAL	$100		NONE
KQED
50 BEALE STREET	SAN FRANCISCO	CA	94105	PC	EDUCATIONAL	$200	5TH FLOOR
HIAS
1300 SPRING STREET	SILVER SPRING	MD	20910	PC	SOCIAL SERVICES	$200	SUITE 500
CONGREGATION SHALOM BAYIT
1320 W WILLIAMS STREET	BANNING	CA	922204456	PC	RELIGIOUS	$100
DANA-FARBER CANCER INSTITUTE
450 BROOKLINE AVENUE	BOSTON	MA	02215	PC	MEDICAL AND EDUCATIONAL	$200		NONE
UNDOCUFUND
PO BOX 503	GRATON	CA	95444	PC	SOCIAL SERVICES	$500
AIR SAFETY FOUNDATION
3595 N WEBB ROAD	WICHITA	KS	67226	PC	EDUCATIONAL AND SOCIAL SERVICES	$500	SUITE 200
14-40 CONNECTION
53 OTIS STREET	WESTBOROUGH	MA	01581	PC	HEALTH SERVICES	$1,000
ACLU FOUNDATION
211 CONGRESS STREET	BOSTON	MA	02110	PC	SOCIAL SERVICES	$500
AMERICAN HEART ASSOCIATION
7272 GREENVILLE AVENUE	DALLAS	TX	75231	PC	HEALTH AND EDUCATIONAL	$1,000
BETH ISRAEL DEACONESS MEDICAL CENTER
330 BROOKLINE AVENUE	BOSTON	MA	022155400	PC	HEALTH SERVICES	$1,000
DISABILITY RIGHTS EDUCATION AND DEFENSE FUND
3075 ADELINE STREET	BERKELEY	CA	94703	PC	SOCIAL SERVICES	$400	SUITE 210
HARWICH CHAMBER OF COMMERCE CHARITABLE FUNDATION
1 SCHOOLHOUSE ROAD	HARWICH PORT	MA	02646	PC	SOCIAL SERVICES	$2,000
JEWISH BROADCASTING SERVICES
PO BOX 360	STAMFORD	CT	06904	PC	EDUCATIONAL	$1,000
JEWISH COMMUNITY FEDERATION AND ENDOWMENT FUND
12 STEUART STREET	SAN FRANCISCO	CA	94105	PC	EDUCATIONAL	$2,000
NEW ENGLAND HISTORIC GENEALOGICAL SOCIETY
99-101 NEWBURY STREET	BOSTON	MA	02116	PC	EDUCATIONAL AND CULTURAL	$1,000
HUNTINGTON LIBRARY
1151 OXFORD RD	SAN MARINO	CA	91108	PC	EDUCATION	$301,581
MIT
77 MASSACHUSETTS AVENUE	CAMBRIDGE	MA	021394307	PC	EDUCATION	$19,862	BUILDING NE49-400

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$777,773	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$112,642	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$790,515	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$903,157	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$903,157	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	DUKE ENERGY	StockNm
EOY Book Value	$52,418	EOYBookValueAmt
EOYFMV	$91,560	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
FIDELITY MMKT PORT CL	AT COST	$0	$0
VANGUARD 500 INDEX ADMIRAL	AT COST	$2,407,778	$5,583,545

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	DONATED 900SHR OF VANGUARD 500 INDEX ADM	Desc
Amt	$167,776	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$15,144	Amt
Net Investment Income	$7,572	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$7,572	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	US TREASURY SINGLE TX	CategoryTxt
Amt	$92	Amt