THE JAKET FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
THE JAKET FOUNDATION (EIN 04-6878795)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201903199349100025
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-15T07:46:21-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461580977PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOWLAND CAPITAL MANAGEMENT LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line175 FEDERAL STAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN046878795EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE JAKET FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJAKEBusinessNameControlTxt
Phone6173579110PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O HOWLAND 75 FEDERAL ST NO 1100AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS V QUIRKPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6173579110PhoneNum
Signature2019-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEVIN WALLPreparerPersonNm
PTINP00364557PTIN
Phone6173579110PhoneNum
Preparation2019-11-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.97.124.202IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-15IPDt
IP Tm07:46:18IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id7752B255246F86944EAF0C9FCE178806C7569591AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$86,954,139FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Dividends Rev And Expnss$108,324DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,330,076DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$670,782NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$690,624GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$8,610,117CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$13,102,939OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm-$538,361OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$0OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$12,540,481TotalRevAndExpnssAmt
Total Net Invst Incm$9,401,832TotalNetInvstIncmAmt
Total Adj Net Incm$0TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$7,100AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$7,100AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$106,553OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$751,417OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Interest Net Invst Incm$446,440InterestNetInvstIncmAmt
Taxes Rev And Expnss$2,308TaxesRevAndExpnssAmt
Taxes Net Invst Incm$22,326TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Net Invst Incm$6,200DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$449,295OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$198,348OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$169,603OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$565,256TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,431,831TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$169,603TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,997,069ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,997,069ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,562,325TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,431,831TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$8,166,672TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$3,978,156ExcessRevenueOverExpensesAmt
Net Investment Income$7,970,001NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,540CashBOYAmt
Sav And Temp Cash Invst BOY$423,386SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$8,787,662SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$8,787,662SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$3,302,258CorporateStockBOYAmt
Corporate Stock EOY$3,492,985CorporateStockEOYAmt
Corporate Stock EOYFMV$3,202,148CorporateStockEOYFMVAmt
Other Investments BOY$30,938,115OtherInvestmentsBOYAmt
Other Investments EOY$26,362,808OtherInvestmentsEOYAmt
Other Investments EOYFMV$74,964,329OtherInvestmentsEOYFMVAmt
Total Assets BOY$34,665,299TotalAssetsBOYAmt
Total Assets EOY$38,643,455TotalAssetsEOYAmt
Total Assets EOYFMV$86,954,139TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$33,913,718CapitalStockBOYAmt
Capital Stock EOY$33,913,718CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$751,581RetainedEarningBOYAmt
Retained Earning EOY$4,729,737RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$34,665,299TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$38,643,455TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$34,665,299TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$38,643,455TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$34,665,299TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$3,978,156ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$38,643,455SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$38,643,455TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
.20 SHARES AMERICAN TOWERP2015-02-232018-02-23$28$23$5$5
COLLEGIUM PHARMACEUTICALP2012-02-102018-05-22$1,436$328$1,108$1,108
COLLEGIUM PHARMACEUTICALP2012-02-102018-05-22$1,077$246$831$831
COLLEGIUM PHARMACEUTICALP2012-02-102018-09-05$26,671$9,695$16,976$16,976
COLLEGIUM PHARMACEUTICALP2012-02-102018-09-15$677$243$434$434
COLLEGIUM PHARMACEUTICALP2012-02-102018-09-05$36,474$13,250$23,224$23,224
COLLEGIUM PHARMACEUTICALP2013-12-042018-12-07$543$207$336$336
COLLEGIUM PHARMACEUTICALP2013-12-042018-12-07$21,940$8,378$13,562$13,562
COLUMBIA ETFP2015-09-182018-12-03$108,049$112,771-$4,722-$4,722
DICERNA PHARMAP2012-02-102018-05-22$31,411$17,899$13,512$13,512
DICERNA PHARMAP2012-02-102018-05-22$777$443$334$334
MILLENDO THERAPEUTICSP2014-03-042018-12-11$6$100-$94-$94
ROCHE HLDGP2015-02-092018-08-14$150,043$164,579-$14,536-$14,536
VANGUARD INTL EQUITYP2015-06-092018-08-24$126,238$123,487$2,751$2,751
WISDOMTREE TRUST INTLP2008-06-252018-09-05$154,348$144,797$9,551$9,551
NORTHTIDE CAPITALP2013-08-302018-04-06$30,906$764,960-$734,054-$734,054
VENTURE FUNDS - STP$1,673,367$1,673,367
VENTURE FUNDS -LTP$7,607,532$7,607,532
FieldValueIRS element (for citing)
Capital Gain Net Income$8,610,117CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$9,280,899NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$8,530,740AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$73,291,778NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.116394DistributionYr1Rt
Adjusted Qlfy Distri Yr2$42,819,485AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$95,766,739NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.447123DistributionYr2Rt
Adjusted Qlfy Distri Yr3$12,412,757AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$103,285,738NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.120179DistributionYr3Rt
Adjusted Qlfy Distri Yr4$4,978,028AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$75,612,404NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.065836DistributionYr4Rt
Adjusted Qlfy Distri Yr5$3,282,970AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$56,251,740NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.058362DistributionYr5Rt
Total Distribution0.807894TotalDistributionRt
Average Distribution0.161579AverageDistributionRt
Net Vl Noncharitable Assets$81,005,476NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$13,088,784AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$79,700NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$13,168,484AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$8,166,672QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$159,400InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$159,400SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$159,400TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$52,000EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$52,000TotalPaymentsAndCreditsAmt
Es Penalty$364EsPenaltyAmt
Tax Due$107,764TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp Rqr0ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTHOMAS QUIRKIndividualWithBooksNm
Phone6173579110PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line175 FEDERAL ST STE 1100AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
PHILLIP ELIZABETH GROSS
C/O HOWLAND CAPITAL 75 FEDERALSTREETBOSTONMA02110TRUSTEES1.00$0$0$0
THOMAS V QUIRK
C/O HOWLAND CAPITAL 75 FEDERALSTREETBOSTONMA02110TRUSTEES1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
HOWLAND CAPITAL
75 FEDERAL STBOSTONMA02110INVESTMENT AND GRANT ADVISORY$283,256
FINEPOINT CAPITAL
500 BOYLSTON STBOSTONMA02116INVESTMENT ADVISORY$197,569
ADAGE CAPITAL PARTNERS
200 CLAREDON STREETBOSTONMA02116INVESTMENT ADVISORY$144,036
CAUSEWAY MEDIA PARTNERS
44 BRATTLE STREETCAMBRIDGEMA02138INVESTMENT ADVISORY$117,489
ROCK SPRINGS CAPITAL
650 S EXETER ST 10TH FLBALTIMOREMD21202INVESTMENT ADVISORY$57,845
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$78,810,131AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,428,931AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$82,239,062TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$82,239,062AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,233,586CashDeemedCharitableAmt
Net Vl Noncharitable Assets$81,005,476NetVlNoncharitableAssetsAmt
Minimum Investment Return$4,050,274MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$4,050,274MinimumInvestmentReturnAmt
Tax Based On Investment Income$159,400TaxBasedOnInvestmentIncomeAmt
Income Tax$9,635IncomeTaxAmt
Total Tax$169,035TotalTaxAmt
Distributable Before Adj$3,881,239DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$3,881,239DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$3,881,239DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$8,166,672ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$8,166,672QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$8,166,672AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,881,239DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$480,772ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,295,593ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$7,324,718ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$38,048,662ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$4,917,091ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$52,066,836TotalExcessDistributionCyovAmt
Qualifying Distributions$8,166,672QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,881,239AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,285,433RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$56,352,269TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$480,772ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$55,871,497ExcessDistriCyovToNextYrAmt
Excess From Year4$1,295,593ExcessFromYear4Amt
Excess From Year3$7,324,718ExcessFromYear3Amt
Excess From Year2$38,048,662ExcessFromYear2Amt
Excess From Year1$4,917,091ExcessFromYear1Amt
Excess From Current Year$4,285,433ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN CANCER SOCIETY
250 WILLIAMS STREETATLANTAGA30303NONEPUBLICHOPE LODGE$93,200
BIG BROTHERS BIG SISTERS OF MASSACHUSETTS
75 FEDERAL STREET 8TH FLOORBOSTONMA02110NONEPUBLICFIRST YEAR OF 5 YEAR PLEDGE$650,000
BOSTON CELTICS SHAMROCK FOUNDATION
226 CAUSEWAY STREET 4TH FLOORBOSTONMA02114NONEPUBLICSEATS FOR SOLDIERS PROGRAM$25,000
BOSTON CELTICS SHAMROCK FOUNDATION
226 CAUSEWAY STREET 4TH FLOORBOSTONMA02114NONEPUBLICSHAMROCK SUITE PROGRAM$25,000
BOSTON CELTICS SHAMROCK FOUNDATION
226 CAUSEWAY STREET 4TH FLOORBOSTONMA02114NONEPUBLICSEATS FOR SOLDIERS PROGRAM$25,000
BROADWAY CARESEQUITY FIGHTS AIDS
165 W 46TH STREET 1300NEW YORKNY10036NONEPUBLICUNRESTRICTED$65,754
KILLINGTON MOUNTAIN SCHOOL
2708 KILLINGTON ROADKILLINGTONVT05751NONEPUBLICKWCC - WORLD CUP$20,000
KILLINGTON MOUNTAIN SCHOOL
2708 KILLINGTON ROADKILLINGTONVT05751NONEPUBLICKWCC - WORLD CUP$35,000
NATIONAL WINTER SPORTS EDUCATION FOUNDATION
75 LIBERTY AVENUE SUITE EO9JERSEY CITYNJ07306NONEPUBLICUNRESTRICTED$470,000
RED SOX FOUNDATION
4 YAWKEY WAYBOSTONMA02215NONEPUBLICHOME BASE SUITE PROGRAM$84,000
STOKED
65 JAY STREET SUITE 425BROOKLYNNY11201NONEPUBLICSNOW MENTOR PROGRAM$180,000
STRATEGIC GRANT PARTNERS
240 NEWBURY STREET 2ND FLOORBOSTONMA02116NONEPUBLICUNRESTRICTED$595,673
TRUSTEES OF BOSTON UNIVERSITY (WBUR)
890 COMMONWEALTH AVENUE BUBOSTONMA02115NONEPUBLICUNRESTRICTED$500,000
TUFTS UNIVERSITY
150 HARRISON AVENUE ROOM 240BOSTONMA02111NONEPUBLICSFMA MEDAL GALA$15,000
UMBRELLA CENTER FOR THE ARTS
40 STOW STREETCONCORDMA01742NONEPUBLICUNRESTRICTED$3,000,000
WATERVILLE VALLEY BLACK & BLUE TRAIL SMASHERS
PO BOX 277WATERVILLE VALLEYNH03215NONEPUBLICSKI BALL & SCHOLARSHIP GRANT$100,000
YOUTH ENRICHMENT SERVICES
412 MASSACHUSETTS AVENUEBOSTONMA02118NONEPUBLICTRAGGORTH & BLACK DIAMOND GALA$50,331
YOUTH ENRICHMENT SERVICES
412 MASSACHUSETTS AVENUEBOSTONMA02118NONEPUBLICSUPPORT MARTIN RICHARD MEMORIAL ONE MILE$260,562
UNITED VINTERS FOUNDATION
400 AVIATION BOULEVARD SUITE 500SANTA ROSACA95403NONEPUBLICHAMEL FOGERTY FUND$50,000
PERSHING LLC
ONE PERSHING PLAZAJERSEY CITYNJ07399NONEPUBLICBIG NIGHT 2018$125,000
51 WALDEN
BOX 251CONCORDMA01702NONEPUBLICACCESS 51$10,000
CITY BALLET OF BOSTON
284 AMORY STREET 5JAMAICA PLAINMA02130NONEPUBLICCITY BALLET$40,000
CITY BALLET OF BOSTON
284 AMORY STREET 5JAMAICA PLAINMA02130NONEPUBLICCITY BALLET$120,000
MOTHER CAROLINE ACADEMY
515 BLUE HILL AVENUEDORCHESTERMA02121NONEPUBLICSPONSOR COORDINATOR POSITION$54,999
TEACH FOR AMERICA
25 BROADWAY 12TH FLOORNEW YORKNY10004NONEPUBLICUNRESTRICTED$25,000
SOCIAL INNOVATION FORUM
2 OLIVER STREET SUITE 802BOSTONMA02109NONEPUBLICUNRESTRICTED$15,000
THE LOPPET FOUNDATION
1301 THEODORE WIRTH PKWYGOLDEN VALLEYMN55422NONEPUBLICUNRESTRICTED$50,000
BEAUHAWKS FOUNDATION
127 BROOK STREETPLYMPTONMA02367NONEPUBLICUNRESTRICTED$500,000
BEAUHAWKS FOUNDATION
127 BROOK STREETPLYMPTONMA02367NONEPUBLICUNRESTRICTED$127,550
ADOPT - A - STUDENT FOUNDATION
74 UNION PARK STREETBOSTONMA02118NONEPUBLICUNRESTRICTED$25,000
CAMP HARBOR VIEW FOUNDATION
200 CLARENDON STREET 60TH FLOORBOSTONMA02116NONEPUBLICUNRESTRICTED$400,000
AMERICAN TRAILS
PO BOX 491797REDDINGCA96049NONEPUBLICTRAIL WORK & ATHLETIC SCHOLARSHIP$215,000
FROM THE TOP
140 CLAREDON STREETBOSTNMA02116NONEPUBLIC2018 GALA SPONSORSHIP$45,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,997,069TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$108,324ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$13,102,939RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion-$670,782ExclusionAmt
Related Or Exempt Function Incm$9,280,899RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion-$562,458ExclusionAmt
Related Or Exempt Function Incm$22,383,838RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$21,821,380TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number8LineNumberTxt
Relationship StatementNET GAIN/(LOSS) ON SALESRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
PHILIP ELIZABETH GROSS
1C/O HOWLAND CAPITAL 75 FEDERAL STREBOSTONMA02110$1,500,000Yes (X)
PHILIP ELIZABETH GROSS
2C/O HOWLAND CAPITAL 75 FEDERAL STREBOSTONMA02110$7,500,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$7,100Amt
Net Investment Income$7,100NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990PFFormAndLineReferenceDesc
Medium ExplanationTHE FOUNDATION PAID INVESTMENT ADVISORY FEES TO HOWLANDCAPITAL AND ADAGE CAPITAL. THOMAS QUIRK AND PHILLIP GROSS,FOUNDATION TRUSTEES, ARE PARTNERS AT THESE RESPECTIVE FIRMS.THE FEES PAID ARE BASED ON STANDARD RATES CHARGED TO ALLIN REG. SECTION 4941(D) OF THE INTERNAL REVENUE CODE.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockHOWLAND CAPITALStockNm
EOY Book Value$3,492,985EOYBookValueAmt
EOYFMV$3,202,148EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemVENTURE FUNDSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$26,362,808BookValueAmt
EOYFMV$74,964,329EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
WIRE, ADR, POSTAGE$532$532$0$0
THROUGH VENTURE FUNDS$197,816$197,816$0$0
GRANTS MANAGEMENT$250,947$0$0$169,603

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
THROUGH VENTURE FUNDS$0-$538,361$0
K1 ADJUSTMENTS$13,102,939$0$0

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MANAGEMENT FEES$106,553$106,553$0$0
THROUGH VENTURE FUNDS$0$644,864$0$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MA FORM PC FILING FEE$35$35$0$0
FOREIGN TAXES$2,273$2,273$0$0
FOREIGN TAXES THROUGH VENTURE FUNDS$0$20,018$0$0

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