RUBY W AND LAVON P LINN FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- RUBY W AND LAVON P LINN FOUNDATION (EIN 31-6672883)
- Tax period
- 2019-08-01 to 2020-07-31
- Filed
- 2020-12-11
- IRS object ID
- 202023469349101002
- 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
- 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 | 2020-12-11T11:28:51-06:00 | 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 | 316672883 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ruby W and Lavon P Linn Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RUBY | 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 | 2020-11-20 | 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 | 2020-11-20 | 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 | 2020-11-20 | IPDt |
| IP Tm | 12:53:18 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F4A3B049EEEE7E8033BA8FE3625F4A10F1D7A667 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | FBBFA7A837B38F65B00B6D63BD28125F9EF4F4BD | 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 | $62,299,876 | 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 | $11,008 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $11,008 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,092,189 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,092,189 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,225,987 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $36,794,555 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,225,987 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$59,088 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$76,607 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,270,096 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,252,577 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $48,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $36,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $12,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,400 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,400 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $264,983 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $197,663 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $67,320 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $64,223 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $34,253 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $14,500 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,500 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $394,506 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $269,316 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $95,220 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,871,650 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,871,650 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,266,156 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $269,316 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,966,870 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,003,940 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,983,261 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $438,128 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,864,829 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,864,829 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $39,527,254 | CorporateStockBOYAmt |
| Corporate Stock EOY | $49,933,556 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $49,933,556 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,818,018 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,900,047 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,900,047 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $13,295,058 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,601,444 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,601,444 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $57,078,458 | TotalAssetsBOYAmt |
| Total Assets EOY | $62,299,876 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $62,299,876 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $57,078,458 | CapitalStockBOYAmt |
| Capital Stock EOY | $62,299,876 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $57,078,458 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $62,299,876 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $57,078,458 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $62,299,876 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $57,078,458 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,003,940 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,217,478 | OtherIncreasesAmt |
| Subtotal | $62,299,876 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $62,299,876 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Publicly Traded Securities | $36,436,534 | $31,568,568 | $4,867,966 | $4,867,966 | |
| Passthrough Income | $18,756 | $18,756 | $18,756 | P | |
| Capital Gains Dividends | $339,265 | $339,265 | $339,265 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,225,987 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,757,834 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $56,369,239 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.048924 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,364,983 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $58,339,359 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.040538 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,622,263 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $53,162,262 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049326 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,723,060 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $50,427,300 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.054000 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,582,611 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $54,318,071 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047546 | DistributionYr5Rt |
| Total Distribution | 0.240334 | TotalDistributionRt |
| Average Distribution | 0.048067 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $57,245,758 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,751,632 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $59,833 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,811,465 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,966,870 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $59,833 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $59,833 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $59,833 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $39,005 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $39,005 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $261 | EsPenaltyAmt |
| Tax Due | $21,089 | 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 | 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 | Choate Hall Stewart LLP | IndividualWithBooksNm |
| Phone | 6172484760 | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| William Borek | |||||||||
| Choate Hall Stewart LLP Two Intl | Place | Boston | MA | 02110 | Trustee | 1.00 | $24,000 | $0 | $0 |
| Scott G Borek | |||||||||
| Choate Hall Stewart LLP Two Intl | Place | Boston | MA | 02110 | Trustee | 1.00 | $24,000 | $0 | $0 |
| William A Lowell | |||||||||
| Choate Hall Stewart LLP Two Intl | Place | Boston | MA | 02110 | Trustee | 1.00 | $0 | $0 | $0 |
| 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 International Place | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Inv Mgmt, Custody, Recordkeeping, Grant Administration, Tax Prep | ServiceTypeTxt |
| Compensation | $264,983 | 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 | $56,265,174 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,039,733 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $812,614 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $58,117,521 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $58,117,521 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $871,763 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $57,245,758 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,862,288 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,862,288 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $59,833 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $1,199 | IncomeTaxAmt |
| Total Tax | $61,032 | TotalTaxAmt |
| Distributable Before Adj | $2,801,256 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,801,256 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,801,256 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,966,870 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,966,870 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $59,833 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,907,037 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,801,256 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,675,149 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,966,870 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,675,149 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $291,721 | 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 | $2,509,535 | 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 (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Aldersbridge Communities | |||||||
| 40 Irving Avenue | East Providence | RI | 02914 | N/A | PC | General Support | $57,702 |
| Berkley Congregational Church | |||||||
| 13 South Main Street | Berkley | MA | 02779 | N/A | PC | General Support | $57,277 |
| Bostonian Society | |||||||
| 206 Washington Street | Boston | MA | 02109 | N/A | PC | General Support | $250,000 |
| Bread & Roses | |||||||
| 58 Newbury Street | Lawrence | MA | 01840 | N/A | PC | General Support | $20,000 |
| Caritas Communities | |||||||
| 25 Braintree Hill Office Park 206 | Braintree | MA | 02184 | N/A | PC | General Support | $100,000 |
| Coalition for a Better Acre Inc | |||||||
| 517 Moody Street | Lowell | MA | 01854 | N/A | PC | General Support | $95,000 |
| FamilyAid Boston | |||||||
| 3815 Washington Street | Boston | MA | 02130 | N/A | PC | General Support | $100,000 |
| Greater Lawrence Community Action Council | |||||||
| 350 Essex Street | Lawrence | MA | 01840 | N/A | PC | General Support | $75,000 |
| Lazarus House Ministries | |||||||
| PO Box 408 | Lawrence | MA | 01842 | N/A | PC | General Support | $100,000 |
| Pine Street Inn | |||||||
| 444 Harrison Avenue | Boston | MA | 02118 | N/A | PC | General Support | $350,000 |
| Project Bread | |||||||
| 145 Border Street | East Boston | MA | 02128 | N/A | PC | General Support | $100,000 |
| Society for the Preservation of New England Antiquities | |||||||
| 141 Cambridge Street | Boston | MA | 02114 | N/A | PC | Grant for Painting of Josiah Quincy House | $86,000 |
| St Francis House | |||||||
| 39 Boylston Street | Boston | MA | 02116 | N/A | PC | General Support | $50,000 |
| The Boston Foundation | |||||||
| 75 Arlington Street | Boston | MA | 02116 | N/A | PC | General Support | $500,000 |
| The Greater Boston Food Bank | |||||||
| 70 South Bay Avenue | Boston | MA | 02118 | N/A | PC | General Support | $430,671 |
| United Way of Massachusetts Bay | |||||||
| 51 Sleeper Street | Boston | MA | 02210 | N/A | PC | General Support | $500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,871,650 | 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 | $11,008 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,092,189 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,225,987 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough Income | Desc |
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $17,519 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$76,607 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $17,519 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,252,577 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,270,096 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Baker Newman & Noyes, LLC - Tax Prep Fees | CategoryTxt |
| Amt | $2,800 | Amt |
| Net Investment Income | $1,400 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,400 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 15785.00 units iShares Barclays 7-10 Year TR ETF | $1,938,398 | $1,938,398 |
| 70060.00 units Vanguard Intermediate Term Government Bond | $4,961,649 | $4,961,649 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 172682.10 units Spyglass Growth Fund | $2,947,683 | $2,947,683 |
| 473234.96 units Artisan Thematic Fund | $8,470,906 | $8,470,906 |
| 151007.50 units Edgewood Growth Fund | $7,062,621 | $7,062,621 |
| 18190.00 units Invesco S&P 500 Equal Weight ETF | $1,943,420 | $1,943,420 |
| 126590.00 units SPDR S&P 500 Fossil Fuel Free ETF | $10,223,408 | $10,223,408 |
| 113430.76 units Matthews China Fund | $2,679,234 | $2,679,234 |
| 16356.25 units Matthews China Small Companies Fund | $343,808 | $343,808 |
| 12381.94 units Matthews Pacific Tiger Fund | $377,278 | $377,278 |
| 35720.12 units Goldman Sachs Gqq Partners International Opportunities Fund | $594,383 | $594,383 |
| 145810.30 units MFS Intl Intrinsic Value Fund I | $7,433,409 | $7,433,409 |
| 375234.31 units WCM Focused International Growth Fund | $7,857,406 | $7,857,406 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 1899 Opportunities Fund I, LLC | FMV | $812,614 | $812,614 |
| 32328.02 units Artisan High Income Fund | FMV | $305,176 | $305,176 |
| 108750.83 units Diamond Hill High Yield Fund | FMV | $1,216,922 | $1,216,922 |
| 144604.09 units Semper MBS Total Return Fund | FMV | $1,266,732 | $1,266,732 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MA Form PC Filing Fee | $500 | $0 | $500 |
| Website Expenses (Summitas) | $14,000 | $0 | $14,000 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Passthrough Income | Desc |
| Revenue And Expenses Per Books | -$59,088 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$76,607 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$59,088 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Gain/(Loss) on Investments | Desc |
| Amt | $2,217,478 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CHS LLP - investment management, recordkeeping, custody, and grant making | CategoryTxt |
| Amt | $264,983 | Amt |
| Net Investment Income | $197,663 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $67,320 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Net Federal Excise Taxes | $29,970 | $0 | $0 |
| Foreign Taxes | $34,253 | $34,253 | $0 |