2020-04-30T18:03:32-05:00 2019-06-30 475422543 KENNETH FREED & COMPANY PC 400 WEST CUMMINGS PARK SUITE 5850 WOBURN MA 018017238 990 2018-07-01 030335159 MAYA EDUCATIONAL FOUNDATION MAYA 5083491330 PO BOX 1483 WELLFLEET MA 02667 ELISABETH S NICHOLSON SECRETARY 6179283408 2020-04-30 1 CHARLES HULBERT JR CPA P01253253 6174241100 2020-04-30 96.79.144.115 2020-04-30 13:45:34 ED P 13AB5BED9EF0558291543C4E5C5025AB0D17FE09 76E83EE11BA62B9AF3A77D905ADCEE971C0CBA2E 2018 2020-11-19 02:30:22Z ELISABETH S NICHOLSON PO BOX 1483 WELLFLEET MA 02667 845303 0 X WWW.MAYAEDUFOUND.ORG X 1992 VT TO SUPPORT THE EDUCATIONAL AND PROFESSIONAL ADVANCEMENT OF THE MAYAN PEOPLE AND THE MAYAN REGION THROUGH EDUCATIONAL PROGRAMS THAT FOSTER STUDY AND PRESERVATION OF THEIR CULTURES. 7 7 0 15 0 0 1035418 758857 0 0 62020 86446 27 0 1097465 845303 677825 755693 0 0 0 0 0 0 14410 44705 60315 722530 816008 374935 29295 2928363 3027072 0 0 2928363 3027072 X THE FOUNDATION'S MISSION IS TO SUPPORT THE EDUCATIONAL AND PROFESSIONAL ADVANCEMENT OF THE MAYA PEOPLE IN GUATEMALA, MEXICO AND BELIZE, AS WELL AS THE NEIGHBORING INDIGENOUS CULTURES, WITH SPECIAL EMPHASIS ON THE NEEDS OF THOSE MARGINALIZED BY THEIR SOCIETY. THE FOUNDATION EMBRACES INITIATIVES THAT ADVANCE THE UNDERSTANDING OF THE INDIGENOUS CULTURES OF MEXICO AND CENTRAL AMERICA AND THE BROADER SOCIETIES AND NATION-STATES IN WHICH THEY EXIST. THE FOUNDATION SUPPORTS THEIR DEVELOPMENT AND ENRICHMENT THROUGH EDUCATION AND PROGRAMS THAT FOSTER STUDY AND PRESERVATION OF THOSE CULTURES. 0 0 537461 524995 THE FOUNDATION PRIMARILY PROVIDES GRANTS THAT SUPPORT AND PROMOTE EDUCATIONAL AND SCHOLARSHIP PROGRAMS IN THE MAYAN REGION OF CENTRAL AMERICA. APPROXIMATELY 15 - 20 GRANTS ARE AWARDED ANNUALLY. ADDITIONALLY, REPRESENTATIVES OF THE FOUNDATION TRAVEL TO THESE AREAS ANNUALLY TO MONITOR AND OBSERVE THE PROGRAMS. 230698 230698 THE FOUNDATION ANNUALLY PROVIDES ONE (1) GRANT TO AN ORGANIZATION WHOSE MISSION IS TO FOSTER STUDY AND PRESERVATION OF THE CULTURES OF CENTRAL AMERICA. 768159 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MA X X X X ELISABETH S NICHOLSON 5083491330 PO BOX 1483 WELLFLEET MA 02667 X PABLO CHAVAJAY PRESIDENT 5.00 X 0 0 0 EDWARD FISCHER VICE PRESIDENT 2.00 X 0 0 0 JOSE URSUA TREASURER 2.00 X 0 0 0 ELISABETH S NICHOLSON NON-VOTING SECRETARY & EXECUTIVE DIRE 40.00 X 0 0 0 LAURA J MCCLUSKY DIRECTOR 0.50 X 0 0 0 MITCHELL DENBURG DIRECTOR 0.50 X 0 0 0 CHRISTA LITTLE-SIEBOLD DIRECTOR 0.50 X 0 0 0 JEAN-MARIE SIMON DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 359131 399726 23777 758857 49673 49673 36773 0 36773 36773 36773 845303 0 0 86446 755693 755693 14608 14608 6841 2840 4001 4567 4324 243 222 222 18871 12064 6807 4083 4083 PRINTING & PUBLICATIONS 7203 7203 BANK & CREDIT CARD FEES 2402 402 15 1985 POSTAGE & DELIVERY 1518 540 978 816008 768159 33439 14410 12919 8448 627300 554264 0 0 2288144 2464360 2928363 3027072 0 0 X 2686653 2856102 241710 170970 2928363 3027072 2928363 3027072 29295 69414 0 X 0 1 X 0 0 X 711773 685175 771486 1035418 758857 3962709 711773 685175 771486 1035418 758857 3962709 2061558 1901151 31548 34223 36805 41302 49673 193551 4156260 0.45740 0.46930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE OPEN AUDIT PERIODS ARE 2015 - 2018. MANAGEMENT BELIEVES THE FOUNDATION'S SIGNIFICANT TAX POSITIONS ARE 1) THE TREATMENT OF THE FOUNDATION AS TAX-EXEMPT ENTITY, 2) THE CLASSIFICATION OF INCOME AS TAX-EXEMPT, RELATED OR EXEMPT FUNCTION INCOME AND 3) THE DETERMINATION THAT THERE IS NO UNRELATED TAXABLE BUSINESS INCOME. AS OF JUNE 30, 2019, MANAGEMENT EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS REQUIRING ACCOUNTING RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN TWELVE MONTHS OF JUNE 30, 2019. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. MANAGEMENT BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. 1 NORTH AMERICA - MEXICO 0 0 GRANTMAKING N/A 75326 CENTRAL AMERICA - GUATEMALA/BELIZE 0 1 GRANTMAKING N/A 680367 0 1 0 0 0 1 755693 0 755693 NORTH AMERICA - MEXICO GENERAL OPERATING SUPPORT($14,080) & SCHOLARSHIP PROGRAM($34,346) 48426 WIRE TRANSFER CASH = FMV NORTH AMERICA - MEXICO GENERAL OPERATING SUPPORT 10000 WIRE TRANSFER CASH = FMV CENTRAL AMERICA - GUATEMALA GENERAL OPERATING SUPPORT ($83,111) & SCHOLARSHIP PROGRAM ($172,383) 255494 WIRE TRANSFER CASH = FMV CENTRAL AMERICA - GUATEMALA GENERAL OPERATING SUPPORT 230698 WIRE TRANSFER CASH = FMV CENTRAL AMERICA - GUATEMALA SCHOLARSHIP PROGRAM 14200 WIRE TRANSFER CASH = FMV CENTRAL AMERICA - GUATEMALA SCHOLARSHIP PROGRAM ($22,283) & GENERAL OPERATING SUPPORT ($28,000) 50283 WIRE TRANSFER CASH = FMV CENTRAL AMERICA - GUATEMALA SCHOLARSHIP PROGRAM 11230 CHECK CASH = FMV CENTRAL AMERICA - GUATEMALA SCHOLARSHIP PROGRAM 26000 WIRE TRANSFER CASH = FMV CENTRAL AMERICA - GUATEMALA STUDENT HOUSING ($53,957) & SCHOLARSHIP PROGRAM ($10,361) 64318 WIRE TRANSFER CASH = FMV CENTRAL AMERICA - BELIZE BOYS DORMS AND SCHOOL ($10,000) & SCHOLARSHIP PROGRAM ($5,000) 15000 WIRE TRANSFER CASH = FMV NORTH AMERICA - MEXICO SCHOLARSHIP PROGRAM 7500 WIRE TRANSFER CASH = FMV CENTRAL AMERICA - GUATEMALA SCHOLARSHIP PROGRAM 8000 CHECK CASH = FMV NORTH AMERICA - MEXICO SCHOLARSHIP PROGRAM 5400 WIRE TRANSFER CASH = FMV 14 0 0 0 0 0 0 PART I, LINE 2: ALL PROGRAMS AGREE TO PROVIDE MAYA EDUCATIONAL FOUNDATION (MEF) WITH REPORTS TWO TIMES PER YEAR. A MID-YEAR REPORT IS GENERALLY A LESS FORMAL NARRATIVE TYPE. THE YEAR-END REPORT MUST CONTAIN ACCOUNTING OF ALL EXPENDITURES MADE FOR THE PROGRAMS FUNDED. THE YEAR-END REPORT SHOULD CONTAIN COPIES OF RECEIPTS WHERE POSSIBLE. IN ADDITION, A MEF BOARD MEMBER OR REPRESENTATIVE VISITS EACH PROGRAM AT LEAST ONCE EVERY TWO YEARS. PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR BY TRACKING CASH EXPENDITURES MADE FOR GRANT PURPOSES. RECIPIENTS ARE REQUIRED TO REPORT BACK PERIODICALLY ON THE USE OF THE FUNDS. ADDITIONALLY, A FOUNDATION BOARD MEMBER OR REPRESENTATIVE ANNUALLY TRAVELS TO PROGRAMS TO MONITOR PROGRAM OBJECTIVES. X 2 23777 FMV DATE OF GIFT 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS NOT REVIEWED BY THE ENTIRE BOARD. THE BOARD'S MANAGING DIRECTOR AND SECRETARY, ELISABETH NICHOLSON, IS GIVEN THE RESPONSIBILITY OF REVIEWING AND APPROVING THE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S BOARD REVIEWS TRANSACTIONS AGAINST A LIST OF DISCLOSED CONFLICTS TO ENSURE THAT POTENTIAL CONFLICTS WILL BE AVOIDED. FORM 990, PART VI, SECTION C, LINE 18 A COPY OF FORM 990 IS POSTED ON THE FOUNDATION'S WEBSITE. ALSO, THE 990 IS FILED ANNUALLY WITH MASSACHUSSETS ATTORNEY GENERAL'S OFFICE. AS PART OF THEIR PROCEDURE, THE DOCUMENT IS SCANNED AND MADE AVAILABLE TO THE PUBLIC. ADDITIONALLY, A REPRODUCTION OF THE RETURN CAN BE FOUND ON GUIDESTAR'S WEBSITE. FINALLY, COPIES OF ORGANIZATIONAL DOCUMENTS CAN BE REQUESTED DIRECTLY FROM THE ORGANIZATION'S MANAGEMENT BY CONTACTING THEM AT THEIR OFFICE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. SCHEDULE R, PART V, LINE 2 COLUMN (D) ALL ITEMS REPORTED REFLECT ACTUAL CASH TRANSFERS AND, THEREFORE, REPRESENT ACTUAL FAIR VALUE AT TIME OF TRANSFER. THE PLUMSOCK FUND INC 400 WEST CUMMINGS PARK SUITE 5850 WOBURN MA 01801 356014719 SUPPORTING ORGANIZATION TO MAYA EDUCATIONAL FOUNDATION IN 501(C)(3) LINE 12A, I N/A 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE PLUMSOCK FUND INC C 359131 SEE SCHEDULE O FOR EXPLANATION