LOWELL INSTITUTE: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LOWELL INSTITUTE (EIN 04-2105771)
- Tax period
- 2019-08-01 to 2020-07-31
- Filed
- 2020-12-11
- IRS object ID
- 202013469349101101
- Schema version
- 2019v5.1
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-12-11T11:28:06-06:00 | ReturnTs |
| Tax Period End | 2020-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010494526 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman & Noyes | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 507 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042105771 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lowell Institute | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOWE | BusinessNameControlTxt |
| Phone | 6172484760 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Choate LLP PO Box 961019 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02196 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William A Lowell | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 6172484760 | PhoneNum |
| Signature | 2020-11-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicholas E Porto | PreparerPersonNm |
| PTIN | P01310283 | PTIN |
| Phone | 2078792100 | PhoneNum |
| Preparation | 2020-11-30 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.105.168.164 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-30 | IPDt |
| IP Tm | 13:23:16 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 89AC92FCC1626BCC8DCEA1D9A8E0D80C82D36257 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B8B3B2C87BC7F5C94E6F776D798B8F0811341F94 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $46,264,166 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $886,711 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $886,711 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,884 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $23,525,446 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $11,884 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$139,286 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$144,391 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $759,309 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $754,204 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,629 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,629 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,240 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,370 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,870 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $207,345 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $104,464 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $102,881 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $63,971 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $21,775 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $250 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $250 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $289,435 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $128,609 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $118,630 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,332,686 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,332,686 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,622,121 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $128,609 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,451,316 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$862,812 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $625,595 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $189,668 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $757,482 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $757,482 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $37,091,546 | CorporateStockBOYAmt |
| Corporate Stock EOY | $38,319,012 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $38,319,012 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,642,730 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,766,641 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,766,641 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,107,431 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,421,031 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,421,031 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $43,031,375 | TotalAssetsBOYAmt |
| Total Assets EOY | $46,264,166 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $46,264,166 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $37,192,439 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $40,231,315 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $5,838,936 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $6,032,851 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,031,375 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $46,264,166 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,031,375 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $46,264,166 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,031,375 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$862,812 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,095,603 | OtherIncreasesAmt |
| Subtotal | $46,264,166 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $46,264,166 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Publicly Traded Securities | P | $23,349,326 | $23,513,562 | -$164,236 | -$164,236 |
| From Passthru | P | $23,344 | $23,344 | $23,344 | |
| Capital Gains Dividends | P | $152,776 | $152,776 | $152,776 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $11,884 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,073,740 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $42,603,125 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.048676 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,972,975 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $44,396,883 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.044439 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,251,996 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $40,994,317 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.054934 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,083,728 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $39,071,095 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.053332 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,061,986 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $42,639,752 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.048358 | DistributionYr5Rt |
| Total Distribution | 0.249739 | TotalDistributionRt |
| Average Distribution | 0.049948 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $43,188,352 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,157,172 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $6,256 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,163,428 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,451,316 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,512 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,512 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,512 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $56,800 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $56,800 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $44,288 | OverpaymentAmt |
| Applied To ES Tax | $44,288 | 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 | 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 | www.lowellinstitute.org | WebsiteAddressTxt |
| Individual With Books | Choate Hall Stewart LLP | IndividualWithBooksNm |
| Phone | 6172484045 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Two International Place | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William A Lowell | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Choate Hall Stewart LLP Two Intl | AddressLine1Txt |
| Address Line2 | Place | AddressLine2Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Choate Hall & Stewart LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Two Intl Place | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Inv. advisory, & legal | ServiceTypeTxt |
| Compensation | $168,534 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $41,287,328 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $476,581 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,082,134 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $43,846,043 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $43,846,043 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $657,691 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $43,188,352 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,159,418 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,159,418 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,512 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $163 | IncomeTaxAmt |
| Total Tax | $12,675 | TotalTaxAmt |
| Distributable Before Adj | $2,146,743 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,146,743 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,146,743 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,451,316 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,451,316 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,451,316 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,146,743 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $917,877 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,451,316 | QualifyingDistributionsAmt |
| Applied To Year1 | $917,877 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $533,439 | 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 | $1,613,304 | 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 (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Boston University | ||||||||
| 745 Commonwealth Avenue | Boston | MA | 02215 | N/A | PC | General Purpose | $12,000 | |
| Cambridge Forum | ||||||||
| 3 Church Street | Cambridge | MA | 02138 | N/A | PC | General Purpose | $40,000 | |
| Charles River Museum | ||||||||
| 154 Moody Street | Waltham | MA | 02453 | N/A | PC | General Purpose | $10,000 | |
| College Bound Dorchester | ||||||||
| 18 Samoset Street | Dorchester | MA | 02124 | N/A | PC | General Purpose | $25,000 | |
| Ford Hall Forum Inc | ||||||||
| 41 Temple Street | Boston | MA | 02114 | N/A | PC | General Purpose | $20,000 | |
| Harvard University Extension School | ||||||||
| 51 Brattle Street | Cambridge | MA | 021383722 | N/A | PC | General Purpose | $100,000 | |
| Massachusetts Historical Society | ||||||||
| 1154 Boylston Street | Boston | MA | 02115 | N/A | PC | General Purpose | $5,000 | |
| Museum of Fine Arts Boston | ||||||||
| 465 Huntington Avenue | Boston | MA | 02115 | N/A | PC | General Purpose | $100,890 | |
| Museum of Science | ||||||||
| Science Park | Boston | MA | 021141099 | N/A | PC | General Purpose | $300,294 | |
| New England Aquarium | ||||||||
| Central Wharf | Boston | MA | 021103399 | N/A | PC | General Purpose | $1,285 | |
| Northeastern University | ||||||||
| 120 Snell Engineering Center | Boston | MA | 021155000 | N/A | PC | General Purpose | $400,175 | |
| Paul Revere Memorial Association | ||||||||
| 19 North Street | Boston | MA | 02113 | N/A | PC | General Purpose | $5,200 | |
| Revolutionary Spaces Inc | ||||||||
| 310 Washington Street | Boston | MA | 02108 | N/A | PC | General Purpose | $15,000 | |
| WGBH | ||||||||
| One Guest Street | Boston | MA | 02135 | N/A | PC | General Purpose | $250,342 | |
| World Boston | ||||||||
| East Building 1 Suite 300 212 | Boston | MA | 02110 | N/A | PC | General Purpose | $47,500 | Northern Avenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,332,686 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $886,711 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $11,884 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough Income/(Loss) | Desc |
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $5,105 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$144,391 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $5,105 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $754,204 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $759,309 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Tax Prep Fees | $4,740 | $2,370 | $2,370 |
| Audit Fees | $9,500 | $0 | $9,500 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (22 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 75000.00 units Goldman Sachs Group Inc | $78,565 | $78,565 |
| 75000.00 units Federal Home Loan Mortgage Corp Medium Term Note | $77,408 | $77,408 |
| 75000.00 units JP Morgan Chase & Co | $79,515 | $79,515 |
| 65000.00 units United States Treasury Notes | $69,670 | $69,670 |
| 75000.00 units Starbucks Corp | $82,270 | $82,270 |
| 75000.00 units Intercontinental Exchange | $79,823 | $79,823 |
| 75000.00 units Bank of America Corp | $83,690 | $83,690 |
| 75000.00 units MidAmerican Energy CO | $83,338 | $83,338 |
| 75000.00 units Gilead Sciences Inc | $84,044 | $84,044 |
| 75000.00 units United States Treasury Notes | $83,704 | $83,704 |
| 50000.00 units Univ of California Revenues Higher Education | $55,242 | $55,242 |
| 50000.00 units New York City New York Transitional Revenue Bonds | $54,686 | $54,686 |
| 75000.00 units Microsoft Corp | $84,668 | $84,668 |
| 75000.00 units Amazon.Com Inc | $92,152 | $92,152 |
| 65000.00 units S&P Global Inc | $77,341 | $77,341 |
| 100000.00 units Massachusetts State Sch Bldg Auth Education Revenue | $100,934 | $100,934 |
| 75000.00 units New York State General Obligation | $80,800 | $80,800 |
| 80000.00 units Apple Inc. | $91,635 | $91,635 |
| 75000.00 units Massachusetts State Sch Bldg Auth Education Revenue | $79,247 | $79,247 |
| 75000.00 units Oracle Corp | $85,850 | $85,850 |
| 75000.00 units WalMart Inc | $90,271 | $90,271 |
| 65000.00 units BP Capital Markets PLC | $71,788 | $71,788 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (24 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 486.00 units Mettler-Toledo International, Inc. | $454,410 | $454,410 |
| 3385.00 units Home Depot Inc. | $898,684 | $898,684 |
| 1370.00 units McDonalds Corp | $266,164 | $266,164 |
| 2360.00 units Dentsply Sirona Inc. | $105,256 | $105,256 |
| 2685.00 units Stryker Corporation | $519,011 | $519,011 |
| 13914.00 units AFLAC Inc, | $494,921 | $494,921 |
| 2973.00 units Ameriprise Financial Inc. | $456,742 | $456,742 |
| 2554.00 units Apple Inc. | $1,085,552 | $1,085,552 |
| 547.00 units Fiserv Inc. | $54,585 | $54,585 |
| 112645.25 units Spyglass Growth Fund | $1,922,854 | $1,922,854 |
| 67566.97 units Edgewood Growth Fund | $3,160,107 | $3,160,107 |
| 69724.50 units Matthews China Fund | $1,646,893 | $1,646,893 |
| 15384.19 units Matthews Pacific Tiger Fund | $468,756 | $468,756 |
| 87485.36 units MFS Int'l Intrinsic Value Fund-I | $4,460,004 | $4,460,004 |
| 223149.24 units WCM Focused International Growth Fund | $4,672,745 | $4,672,745 |
| 150563.65 units Artisan Thematic Fund | $2,695,089 | $2,695,089 |
| 51077.00 units SPDR S&P 500 Fossil Fuel Free ETF | $4,124,978 | $4,124,978 |
| 10747.50 units Matthews China Small Companies Fund | $225,912 | $225,912 |
| 29240.39 units Goldman Sachs Gqq Partners International Opportunities Fund | $486,560 | $486,560 |
| 22779.27 units Artisan High Income Fund | $215,037 | $215,037 |
| 92660.84 units Putnam Mortgage Copportunities Fund | $848,773 | $848,773 |
| 149295.81 units Semper MBS Total Return Fund | $1,307,831 | $1,307,831 |
| 89023.14 units Diamond Hill High Yield Fund | $996,169 | $996,169 |
| 95340.00 units Vanguard Intermediate Term Government Bond Fund | $6,751,979 | $6,751,979 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Legacy Ventures VIII, LLC | FMV | $1,831,841 | $1,831,841 |
| Legacy Ventures IX, LLC | FMV | $250,293 | $250,293 |
| Artisan Thematic Offshore Fund LTD | FMV | $3,123,941 | $3,123,941 |
| 1899 Opportunities Fund | FMV | $214,956 | $214,956 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $3,629 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,629 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MA Form PC Filing Fee | Desc |
| Revenue And Expenses Per Books | $250 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $250 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough Income/(Loss) | Desc |
| Revenue And Expenses Per Books | -$139,286 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$144,391 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$139,286 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Unrealized Appreciation of Assets | $3,325,257 |
| Unrealized Appreciation of FMV of Securities Distributed to Public Charities | $770,346 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Fiduciary Fees | $167,009 | $100,205 | $66,804 |
| Consulting Fees | $10,000 | $0 | $10,000 |
| Bond SMA Fees | $4,259 | $4,259 | $0 |
| Writing and Research Fees | $26,077 | $0 | $26,077 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise Tax | $42,196 | $0 | $0 |
| Foreign Taxes on Dividends | $21,775 | $21,775 | $0 |