PERLS FOUNDATION 90150376: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PERLS FOUNDATION 90150376 (EIN 04-6864032)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-06
- IRS object ID
- 202142799349101109
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-06T15:05:00-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 273396508 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LORING WOLCOTT & COOLIDGE TRUST LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 CONGRESS STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021102437 | 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 | 046864032 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PERLS FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | KATHERINE PERLS ET AL TRUSTEES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PERL | BusinessNameControlTxt |
| Phone | 6175236531 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | LWCT 230 CONGRESS ST | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHERINE PERLS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6175236531 | PhoneNum |
| Signature | 2021-06-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KATHERINE | PersonFirstNm |
| Person Last | PERLS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY HARN | PreparerPersonNm |
| PTIN | P01082429 | PTIN |
| Phone | 6175236531 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,591,542 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $28,884 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $28,884 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $334,373 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $313,183 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $983,632 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,121,885 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $983,632 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$20,313 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$20,313 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,326,576 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,305,386 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $115,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $115,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $117,428 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $110,428 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $7,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $26,746 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,399 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $43,760 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $40,920 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,840 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $302,934 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $152,747 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $124,840 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $970,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $970,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,272,934 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $152,747 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,094,840 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $53,642 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,152,639 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,635 | CashBOYAmt |
| Cash EOY | $12,102 | CashEOYAmt |
| Cash EOYFMV | $12,102 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,484,000 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,534,000 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,534,000 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,143,734 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,823,903 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,925,577 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $204,382 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $203,798 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,789,038 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,897,662 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,916,065 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,755 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,755 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $14,418,407 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,472,049 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,591,542 | 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 | $14,418,407 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,472,049 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,418,407 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,472,049 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,418,407 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,472,049 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,418,407 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $53,642 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $14,472,049 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,472,049 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| LWC: PUBLIC SECURITIES | $3,832,154 | $2,868,986 | $963,168 | $963,168 | |
| LWC: CLASS ACTION PROCEEDS | $90 | $90 | $90 | ||
| NIA: PUBLIC SECURITIES | $60,429 | $66,216 | -$5,787 | -$5,787 | |
| NIA: PUBLIC SECURITIES | $213,711 | $144,951 | $68,760 | $68,760 | |
| NIA: PUBLIC SECURITIES | $9,083 | $2,488 | $6,595 | $6,595 | |
| NIA: PUBLIC SECURITIES | $22,071 | -$22,071 | -$22,071 | ||
| K-1: MICROVEST II | $7,893 | -$7,893 | -$7,893 | P | |
| K-1: OUTSOURCED ASSETS LLC | $1,183 | -$1,183 | -$1,183 | P | |
| K-1: NALCAB | $5,282 | $5,282 | $5,282 | P | |
| K-1: MICROVEST SHORT TERM DURATION | $414 | -$414 | -$414 | P | |
| K-1: MICROVEST SHORT TERM DURATION | $1,136 | $1,136 | $1,136 | P | |
| K-1: MICROVEST+PLUS | $24,051 | -$24,051 | -$24,051 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $983,632 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,022 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,022 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,022 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $17,600 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $7,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $25,100 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,078 | OverpaymentAmt |
| Applied To ES Tax | $9,078 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LORING WOLCOTT COOLIDGE TR LLC | IndividualWithBooksNm |
| Phone | 6175236531 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 CONGRESS STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| KATHERINE M PERLS | ||||||||
| C/O LWCT 230 CONGRESS ST | BOSTON | MA | 02110 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| LENNART C BRABERG | ||||||||
| C/O LWCT 230 CONGRESS ST | BOSTON | MA | 02110 | TRUSTEE | 25.00 | $57,500 | $0 | $0 |
| HANNES BRABERG | ||||||||
| C/O LWCT 230 CONGRESS ST | BOSTON | MA | 02110 | INDEPENDENT CONTRACTOR | 25.00 | $57,500 | $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 | $16,903,616 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,507,478 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,678,679 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $24,089,773 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $24,089,773 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $361,347 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,728,426 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,186,421 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,186,421 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,022 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,022 | TotalTaxAmt |
| Distributable Before Adj | $1,170,399 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,170,399 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,170,399 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,094,840 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,094,840 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,094,840 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,170,399 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $953,558 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,094,840 | QualifyingDistributionsAmt |
| Applied To Year1 | $953,558 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $141,282 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,029,117 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GREG HILL FOUNDATION FBO RESTAURANT STRONG FUND | ||||||||||||
| 800 WEST CUMMINGS PARK SUITE 3700 | WOBURN | MA | 01801 | NONE | PC | GENERAL PURPOSE | $10,000 | |||||
| AMERICAN CIVIL LIBERTIES UNION | ||||||||||||
| 125 BROAD STREET 18TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL PURPOSE | $2,000 | |||||
| CHARLES RIVER WATERSHED ASSOCIATION | ||||||||||||
| 190 PARK ROAD | WESTON | MA | 02493 | NONE | PC | GENERAL PURPOSE | $1,000 | |||||
| FOOD FOR FREE INC | ||||||||||||
| 11 INMAN STREET | CAMBRIDGE | MA | 02139 | NONE | PC | GENERAL PURPOSE | $25,000 | |||||
| HAYMARKET PEOPLES FUND | ||||||||||||
| 42 SEAVERNS AVENUE | JAMAICA PLAIN | MA | 02130 | NONE | PC | GENERAL PURPOSE | $2,000 | |||||
| INSTITUTE FOR POLICY STUDIES | ||||||||||||
| 1112 16TH ST NW SUITE 600 | WASHINGTON | DC | 200364823 | NONE | PC | GENERAL PURPOSE | $5,000 | |||||
| KNOWLEDGE ECOLOGY INTERNATIONAL | ||||||||||||
| 1621 CONNECTICUT AVENUE NW SUITE | WASHINGTON | DC | 20009 | NONE | PC | FOSTER INNOVATION IN THE MANAGEMENT OF KNOWLEDGE GOODS AND SEEK TO INCREASE THE AFFORDABILITY AND AVAILABILITY OF MEDICAL TECHNOLOGIES FOR PATIENTS IN NEED. | $475,000 | 500 | ||||
| PLANNED PARENTHOOD FEDERATION OF AMERICA INC | ||||||||||||
| 1055 COMMONWEALTH AVE | BOSTON | MA | 02215 | NONE | PC | GENERAL PURPOSE | $1,000 | |||||
| PUBLIC CITIZEN FOUNDATION | ||||||||||||
| 1600 20TH ST NW | WASHINGTON | DC | 20009 | NONE | PC | GENERAL PURPOSE | $250,000 | |||||
| UAEM EUROPE EV FBO FUNDING ACCESS TO MEDICINES PROJECTS | ||||||||||||
| NONE | PC | GENERAL PURPOSE | $55,000 | AKAZIENSTRABE 3A | AKAZIENSTRABE A | 10823 BERLIN | GM | |||||
| RAILS-TO-TRAILS CONSERVANCY | ||||||||||||
| 2121 WARD CT NW 5TH FLOOR | WASHINGTON | DC | 20037 | NONE | PC | GENERAL PURPOSE | $1,000 | |||||
| STICHTING HEALTH ACTION | ||||||||||||
| NONE | PC | GENERAL PURPOSE | $73,500 | UTRECHTSEDWARSSTRAAT 170 | UTRECHTSEDWARSSTRAAT | 1017 WK AMSTERDAM | NL | |||||
| THE BOSTON GLOBE FOUNDATION - GLOBE SANTA FUND | ||||||||||||
| PO BOX 491 | BOSTON | MA | 021550005 | NONE | PC | GENERAL PURPOSE | $500 | |||||
| THE BUXTON SCHOOL | ||||||||||||
| 291 SOUTH STREET | WILLIAMSTOWN | MA | 01267 | NONE | PC | GENERAL PURPOSE | $500 | |||||
| THE FOOD PROJECT | ||||||||||||
| 10 LEWIS STREET | LINCOLN | MA | 01773 | NONE | PC | GENERAL PURPOSE | $1,000 | |||||
| UNIVERSITIES ALLIED FOR ESSENTIAL MEDICINES | ||||||||||||
| 641 S STREET NW | WASHINGTON | DC | 20001 | NONE | PC | EMPOWER STUDENTS TO DRIVE CAMPAIGNS ON THEIR CAMPUSES AND BEYOND THAT WILL HELP FIGHT FOR ACCESS AND AFFORDABILITY OF UNIVERSITY-DISCOVERED MEDICINES. | $35,000 | |||||
| LATINO STEM ALLIANCE FBO COMPETITIONEVENT EXPENSES | ||||||||||||
| 241 HOSMER ST | MARLBOROUGH | MA | 01752 | NONE | PC | GENERAL PURPOSE | $7,500 | |||||
| EUROPEAN PUBLIC HEATLH ALLIANCE FBO ADVOCACY ON ACCESS TO MEDICINES IN EURO | ||||||||||||
| NONE | PC | GENERAL PURPOSE | $25,000 | AKAZIENSTRABE 3A | AKAZIENSTRABE A | 10823 BERLIN | GM | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $970,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,884 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $334,373 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $983,632 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| K-1: MICROVEST+PLUS, LP | 01 | -$9,014 |
| K-1: MICROVEST II | 01 | -$2,305 |
| K-1: MICROVEST SHORT DURATION FUND LP | 01 | -$2,581 |
| K-1: NALCAB | 01 | -$6,413 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,326,576 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,326,576 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | CONTROLLED FOREIGN PARTNERSHIP REPORTING: | IdentifierTxt |
| Form And Line Reference | FORM 990-PF GENERAL FOOTNOTE | FormAndLineReferenceDesc |
| Medium Explanation | THE TAXPAYER MAY BE REQUIRED TO FILE U.S. FORM 8865, BUT IS NOT DOING SO UNDER THE CONSTRUCTIVE OWNERSHIP EXCEPTION.THE TAXPAYER HAS AN INTEREST IN THE FOLLOWING PARTNERSHIPS:1. MICROVEST SHORT-DURATION FUND,LP,7315 WISCONSIN AVENUE, SUITE 300W, BETHESDA, MD 20814EIN: 27-2981077, WHICH FILED FORM 8865'S OR WAS A PARTNER IN FUNDS THAT FILED 8865'S FOR THE YEAR ENDED 12/31/19.2. MICROVEST+PLUS, LP7315 WISCONSIN AVENUE, SUITE 300W, BETHESDA, MD 20814EIN: 45-3177921, WHICH FILED FORM 8865'S OR WAS A PARTNER IN FUNDS THAT FILED 8865'S FOR THE YEAR ENDED 12/31/19. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BOND: FORD FOUNDATION 2.415% | BondNm |
| EOY Book Value | $204,382 | EOYBookValueAmt |
| EOYFMV | $203,798 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (32 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,060 ULTA BEAUTY INC | $251,730 | $304,390 |
| 1,130 ROPER INDUSTRIES INC | $349,037 | $487,132 |
| 1,215 ADOBE SYSTEMS INC | $201,426 | $607,646 |
| 1,535 IQVIA HOLDINGS INC | $250,734 | $275,026 |
| 1,690 THERMO FISHER SCIENTIFIC INC | $250,348 | $787,168 |
| 1,725 STRYKER CORP | $43,214 | $422,694 |
| 1,818 EQUAL EXCHANGE CLASS B PREFERRED STOCK 5% | $50,000 | $50,000 |
| 156 AMAZON.COM | $246,775 | $508,081 |
| 2,000 INTUIT | $119,752 | $759,700 |
| 2,035 APPLE INC. | $39,574 | $1,080,096 |
| 2,155 PAYCOM SOFTWARE INC | $100,315 | $974,599 |
| 2,170 VISA INC | $200,866 | $474,644 |
| 2,320 NXP SEMICONDUCTORS | $200,182 | $368,903 |
| 2,330 SALESFORCE.COM | $350,884 | $518,495 |
| 2,615 BROADRIDGE FINANCIAL SOLUTIONS | $300,611 | $400,618 |
| 2,630 PAYPAL HOLDINGS INC | $299,097 | $615,946 |
| 2,765 JACK HENRY & ASSOCIATES INC | $200,771 | $447,902 |
| 2,785 AUTOMATIC DATA PROCESSING | $105,289 | $490,717 |
| 2,930 MICROSOFT CORP | $351,549 | $651,691 |
| 3,150 AMERICAN TOWER | $331,762 | $696,948 |
| 3,690 MASTERCARD INC | $150,124 | $1,317,109 |
| 325 ALPHABET INC CLASS A | $296,021 | $569,608 |
| 4,910 DANAHER CORP SHS BEN NT | $399,972 | $1,090,707 |
| 5,420 HDFC BANK LTD-ADR | $300,784 | $391,649 |
| 5,935 GLAXOSMITHDLINE PLC | $250,307 | $218,408 |
| 6,250 STARBUCKS CORP | $95,908 | $668,625 |
| 6,730 FISERV INC | $99,402 | $766,278 |
| 6,760 NIKE INC CLASS B | $138,345 | $956,337 |
| 6,990 CHURCH & DWIGHT CO | $149,340 | $609,738 |
| 740 COSTCO WHOLESALE CORP | $249,528 | $278,817 |
| 8,440 TJX COMPANIES INC | $104,843 | $576,368 |
| 9,270 UNILEVER PLC SPONSORED ADR | $345,413 | $559,537 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (23 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 22,856.969 DOMINI INTL OPPORT FUND | AT COST | $228,570 | $237,255 |
| 25,090.778 DOMINI SUSTAINABLE SOLUTIONS FUND | AT COST | $279,596 | $488,267 |
| K-1: MICROVEST II, LP | AT COST | $215,567 | $115,274 |
| K-1: MICROVEST SHORT DURATION FUND | AT COST | $1,162,409 | $1,064,802 |
| K-1: MICROVEST+PLUS LP | AT COST | $186,070 | $185,017 |
| K-1: NALCAB CATALYST FUND I LLC | AT COST | $60,450 | $60,450 |
| LOAN: 100,000 ACCION EAST 2.5% 12/6/2020 | AT COST | $50,000 | $50,000 |
| LOAN: 100,000 COASTAL ENTERPRISES CINI NOTES 2.5% 07/01/2023 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 COMMUNITY REINVESTMENT FUND 3.5% | AT COST | $500,000 | $500,000 |
| LOAN: 100,000 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES 2.5% 07/01/2020 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 MERCY LOAN FUND 2.5% 11/16/2021 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 NEW HAMPSHIRE COMMUNITY LOAN 6/30/20 3% | AT COST | $250,000 | $250,000 |
| LOAN: 100,000 OPPORTUNITY FINANCE NETWORK 2.0% 11/22/2021 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 OPPORTUNITY FINANCE NETWORK PROM NOTE 2.25% 1/31/2020 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 SHARED INTEREST NOTE 3/31/2020 1.35% | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 WORKING CAPITAL FOR COMMUNITY NEEDS (NICA) 4% 6/10/2020 | AT COST | $100,000 | $100,000 |
| LOAN: 240,000 NALCAB CATALYST FUND I LLC PROM NOTE 2% 9/23/2021 | AT COST | $240,000 | $240,000 |
| LOAN: 25,000 WCCN-NICA 3.5% | AT COST | $25,000 | $25,000 |
| LOAN: 250,000 BOSTON COMMUNITY CAPITAL SUN INITIATIVE 12/31/2020 | AT COST | $250,000 | $250,000 |
| LOAN: 250,000 FINCA 3.5% 4/6/2021 | AT COST | $250,000 | $250,000 |
| LOAN: 400,000 GLOBAL PARTNERSHIP SOCIAL INV FD 3/25/2020 | AT COST | $400,000 | $400,000 |
| LOAN: 50,000 ASCENDUS LOAN 12/6/20 2.5% | AT COST | $50,000 | $50,000 |
| LOAN: 50,000 CRAFT 3 3% | AT COST | $50,000 | $50,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MASS ANNUAL REPORT FORM PC | $125 | $0 | $125 |
| PORTFOLIO DEDUCTIONS - MICROVEST II,LP K-1 | $6,187 | $6,187 | $0 |
| PORTFOLIO DEDUCTIONS - MICROVEST SHORT DURATION | $18,659 | $18,659 | $0 |
| PORTFOLIO DEDUCTIONS - MICROVEST+PLUS, LP | $15,844 | $15,844 | $0 |
| TRANSACTION FEES - LWC | $230 | $230 | $0 |
| FOUNDATION EXPENSE REIMBURSEMENTS | $2,715 | $0 | $2,715 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1: MICROVEST+PLUS, LP | -$9,014 | -$9,014 | -$9,014 |
| K-1: MICROVEST II | -$2,305 | -$2,305 | -$2,305 |
| K-1: MICROVEST SHORT DURATION FUND LP | -$2,581 | -$2,581 | -$2,581 |
| K-1: NALCAB | -$6,413 | -$6,413 | -$6,413 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES - NIA GLOBAL | $1,133 | $1,133 | $0 |
| INVESTMENT MANAGEMENT FEES - LWC | $109,295 | $109,295 | $0 |
| TAX PREPARATION FEES | $7,000 | $0 | $7,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $1,221 | $1,399 | $0 |
| 2019 EXCISE TAX EXTENSION | $18,000 | $0 | $0 |
| 2020 EXCISE TAX ESTIMATE | $7,525 | $0 | $0 |
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