PERLS FOUNDATION 90150376: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- PERLS FOUNDATION 90150376 (EIN 04-6864032)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-10-16
- IRS object ID
- 201912899349100401
- 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
- Form 990-PF
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-10-16T07:20:39-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 273396508 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LORING WOLCOTT & COOLIDGE TRUST LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 CONGRESS STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021102437 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046864032 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PERLS FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | KATHERINE PERLS ET AL TRUSTEES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PERL | BusinessNameControlTxt |
| Phone | 6175236531 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | LWCT 230 CONGRESS ST | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHERINE PERLS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6175236531 | PhoneNum |
| Signature | 2019-10-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY HARN | PreparerPersonNm |
| PTIN | P01082429 | PTIN |
| Phone | 6175236531 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 69.46.226.178 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-10-08 | IPDt |
| IP Tm | 10:01:14 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 97DF22B84574D7E013A8277AA6BD836C4E0330BF | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 97DF22B84574D7E013A8277AA6BD836C4E0330BF | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $19,922,562 | 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 | $30,124 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $30,124 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $398,182 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $396,588 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $215,563 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,011,341 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $236,681 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $50,102 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $17,043 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $693,971 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $680,436 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $70,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $70,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $155,710 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $96,346 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $59,364 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $22,577 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $22,577 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $28,386 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,026 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $68,151 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $66,885 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,266 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $344,824 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $195,834 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $130,630 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $506,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $506,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $850,824 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $195,834 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $636,630 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$156,853 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $484,602 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $10,409 | CashBOYAmt |
| Cash EOY | $1,345 | CashEOYAmt |
| Cash EOYFMV | $1,345 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,459,000 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,470,000 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,470,000 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,527,965 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,319,373 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,653,979 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,744,543 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,794,346 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,797,238 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,755 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,755 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $14,741,917 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,585,064 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,922,562 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $14,741,917 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,585,064 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,741,917 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,585,064 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,741,917 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,585,064 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,741,917 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$156,853 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $14,585,064 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,585,064 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| LWC: PUBLIC SECURITIES | $146,467 | $150,122 | -$3,655 | -$3,655 | |
| LWC: PUBLIC SECURITIES | $1,771,933 | $1,596,592 | $175,341 | $175,341 | |
| LWC: PUBLIC SECURITIES: CAP GAIN DISTRIBUTIONS | $6,249 | $6,249 | $6,249 | ||
| LWC: PUBLIC SECURITIES: CASH IN LIEU | $574 | $574 | $574 | ||
| NIA: PUBLIC SECURITIES | $33,114 | $23,919 | $9,195 | $9,195 | |
| K-1: MICROVEST+PLUS | $21 | $21 | $21 | P | |
| K-1: MICROVEST SHORT DURATION | $6,250 | $6,250 | $6,250 | P | |
| K-1: MICROVEST+PLUS | $3,912 | -$3,912 | -$3,912 | P | |
| K-1: PERSISTENT ENERGY | $2,482 | $2,482 | $2,482 | P | |
| K-1: MICROVEST II | $44,136 | $44,136 | $44,136 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $236,681 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,062,945 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $20,106,193 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052867 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,266,464 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $19,410,069 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.065248 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $969,215 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $20,243,279 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047878 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $929,044 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $19,343,437 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048029 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $876,500 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $18,550,253 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047250 | DistributionYr5Rt |
| Total Distribution | 0.261272 | TotalDistributionRt |
| Average Distribution | 0.052254 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $20,781,895 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,085,937 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,846 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,090,783 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $636,630 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $9,692 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,692 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,692 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,360 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,360 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,332 | 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 | LORING WOLCOTT COOLIDGE TR LLC | IndividualWithBooksNm |
| Phone | 6175236531 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 CONGRESS STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| KATHERINE M PERLS | ||||||||
| C/O LWCT 230 CONGRESS ST | BOSTON | MA | 02110 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| LENNART C BRABERG | ||||||||
| C/O LWCT 230 CONGRESS ST | BOSTON | MA | 02110 | TRUSTEE | 25.00 | $70,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $13,628,030 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,598,964 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,871,377 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,098,371 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,098,371 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $316,476 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,781,895 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,039,095 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,039,095 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,692 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,692 | TotalTaxAmt |
| Distributable Before Adj | $1,029,403 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,029,403 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,029,403 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $636,630 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $636,630 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $636,630 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,029,403 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $489,056 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $636,630 | QualifyingDistributionsAmt |
| Applied To Year1 | $489,056 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $147,574 | 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 | $881,829 | 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 (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Address Line1RecipientForeignAddress/AddressLine1Txt | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMERICAN CIVIL LIBERTIES UNION | |||||||||||
| 125 BROAD STREET 18TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL PURPOSE | $2,000 | ||||
| CENTER FOR CONSTITUTIONAL RIGHTS | |||||||||||
| 666 BROADWAY 7TH FLOOR | NEW YORK | NY | 10012 | NONE | PC | GENERAL PURPOSE | $1,000 | ||||
| CHARLES RIVER WATERSHED ASSOCIATION | |||||||||||
| 190 PARK ROAD | WESTON | MA | 02493 | NONE | PC | GENERAL PURPOSE | $1,000 | ||||
| FOOD FOR FREE COMMITTEE INC | |||||||||||
| 11 INMAN STREET | CAMBRIDGE | MA | 02139 | NONE | PC | GENERAL PURPOSE | $25,000 | ||||
| HAYMARKET PEOPLES FUND | |||||||||||
| 42 SEAVERNS AVENUE | JAMAICA PLAIN | MA | 02130 | NONE | PC | GENERAL PURPOSE | $2,000 | ||||
| INSTITUTE FOR POLICY STUDIES | |||||||||||
| 1112 16TH ST NW SUITE 600 | WASHINGTON | DC | 200364823 | NONE | PC | GENERAL PURPOSE | $7,000 | ||||
| KNOWLEDGE ECOLOGY INTERNATIONAL | |||||||||||
| 1621 CONNECTICUT AVENUE NW SUITE | WASHINGTON | DC | 20009 | NONE | PC | FOSTER INNOVATION IN THE MANAGEMENT OF KNOWLEDGE GOODS AND SEEK TO INCREASE THE AFFORDABILITY AND AVAILABILITY OF MEDICAL TECHNOLOGIES FOR PATIENTS IN NEED. | $355,000 | 500 | |||
| RAILS-TO-TRAILS CONSERVANCY | |||||||||||
| 2121 WARD CT NW 5TH FLOOR | WASHINGTON | DC | 20037 | NONE | PC | GENERAL PURPOSE | $1,000 | ||||
| THE BOSTON GLOBE FOUNDATION - GLOBE SANTA FUND | |||||||||||
| PO BOX 491 | BOSTON | MA | 021550005 | NONE | PC | GENERAL PURPOSE | $500 | ||||
| THE BUXTON SCHOOL | |||||||||||
| 291 SOUTH STREET | WILLIAMSTOWN | MA | 01267 | NONE | PC | GENERAL PURPOSE | $500 | ||||
| THE FOOD PROJECT | |||||||||||
| 10 LEWIS STREET | LINCOLN | MA | 01773 | NONE | PC | GENERAL PURPOSE | $1,000 | ||||
| UNIVERSITIES ALLIED FOR ESSENTIAL MEDICINES | |||||||||||
| 641 S STREET NW | WASHINGTON | DC | 20001 | NONE | PC | EMPOWER STUDENTS TO DRIVE CAMPAIGNS ON THEIR CAMPUSES AND BEYOND THAT WILL HELP FIGHT FOR ACCESS AND AFFORDABILITY OF UNIVERSITY-DISCOVERED MEDICINES. | $50,000 | ||||
| EUROPEAN PUBLIC HEALTH ALLIANCE | |||||||||||
| NONE | NC | ACCESS TO MEDICINES IN EUROPE | $30,000 | 49-51 RUE DE TREVES | BRUSSELS | BE | |||||
| COMMONS NETWORK | |||||||||||
| NONE | NC | INCREASE POLITICAL PRESSURE AND BROADEN THE MOVEMENT AROUND ACCESS TO MEDICINES AND AN ALTERNATIVE BIOMEDICAL INNOVATION SYSTEM. | $30,000 | WIESBADENERSTR 18 | BERLIN | GM | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $506,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $30,124 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $398,182 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $215,563 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (7 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|
| 2016 OP CREDITED TO 2017 | 01 | $5,070 | |
| 2017 EXCISE TAX REFUND | 01 | $2,004 | |
| K-1: MICROVEST+PLUS, LP | 01 | $8,821 | $25,985 |
| K-1: MICROVEST II | 01 | $47 | |
| K-1: NALCAB | 01 | $318 | |
| K-1: MICROVEST SHORT DURATION FUND LP | 01 | $5,964 | |
| K-1: PERSISTENT ENERGY | 01 | $1,893 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $25,985 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $667,986 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $693,971 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt | BasisBasisAmt |
|---|---|---|---|---|---|
| K-1: MICROVEST+PLUS UBTI | PURCHASED | $115 | $0 | $115 | |
| K-1: MICROVEST+PLUS UBTI | PURCHASED | $0 | -$21,233 | $21,233 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | CONTROLLED FOREIGN PARTNERSHIP REPORTING | IdentifierTxt |
| Form And Line Reference | FORM 990-PF GENERAL FOOTNOTE | FormAndLineReferenceDesc |
| Medium Explanation | CONTROLLED FOREIGN PARTNERSHIP REPORTING:THE TAXPAYER MAY BE REQUIRED TO FILE U.S. FORM 8865, BUT IS NOT DOING SO UNDER THE CONSTRUCTIVE OWNERSHIP EXCEPTION.THE TAXPAYER HAS AN INTEREST IN MICROVEST+PLUS,LP,7315 WISCONSIN AVENUE, SUITE 300W, BETHESDA, MD 20814EIN: 45-3177921, WHICH FILED FORM 8865S OR WAS A PARTNER IN FUNDS THAT FILED 8865S FOR THE YEAR ENDED 12/31/18. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (42 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,030 ADOBE SYSTEMS INC | $151,189 | $233,027 |
| 1,060 ULTA BEAUTY INC | $251,730 | $259,530 |
| 1,395 MICROSOFT CORP | $150,701 | $141,690 |
| 1,605 TE CONNECTIVITY LTD | $160,097 | $121,386 |
| 1,680 ACUITY BRANDS INC | $277,515 | $193,116 |
| 1,690 THERMO FISHER SCIENTIFIC INC | $250,348 | $378,205 |
| 1,720 SALESFORCE.COM | $250,663 | $235,588 |
| 1,725 STRYKER CORP | $43,214 | $270,394 |
| 1,775 CUMMINS INC | $225,087 | $237,211 |
| 115 AMAZON.COM | $172,505 | $172,727 |
| 1380 BECTON DICKINSON | $320,154 | $310,942 |
| 160 ALPHABET INC CLASS A | $46,932 | $167,193 |
| 2,000 INTUIT | $119,752 | $393,700 |
| 2,035 APPLE INC. | $39,574 | $321,001 |
| 2,1555 PAYCOM SOFTWARE INC | $100,315 | $263,880 |
| 2,170 VISA INC | $200,866 | $286,310 |
| 2,320 NXP SEMICONDUCTORS | $200,182 | $170,010 |
| 2,700 CELGENE CORP | $189,287 | $173,043 |
| 2,765 JACK HENRY & ASSOCIATES INC | $200,771 | $349,828 |
| 2,785 AUTOMATIC DATA PROCESSING | $105,289 | $365,169 |
| 2,870 WEX INC | $276,045 | $401,972 |
| 28,148.976 DOMINI INTERNATIONAL SOCIAL EQUITY | $259,755 | $199,013 |
| 3,115 CANADIAN NATIONAL RAILWAY | $61,068 | $230,853 |
| 3,150 AMERICAN TOWER | $331,762 | $491,180 |
| 3,150 COLGATE PALMOLIVE CO | $105,405 | $187,488 |
| 3,690 MASTERCARD INC | $150,124 | $696,119 |
| 3,840 FIRST REPUBLIC BANK/CA | $199,853 | $333,696 |
| 4,910 DANAHER CORP SHS BEN NT | $399,972 | $506,319 |
| 476 ALPHABET INC CLASS C | $211,248 | $492,950 |
| 5,430 COGNIZANT TECHNOLOGY | $265,888 | $344,696 |
| 5,565 NOVOZYMES | $170,163 | $247,888 |
| 500 HDFC BANK LTD-ADR | $50,478 | $51,795 |
| 595 ROPER INDUSTRIES INC | $150,396 | $158,579 |
| 6,250 STARBUCKS CORP | $95,908 | $402,500 |
| 6,375 NOVO-NORDISK A/S ADR | $148,165 | $293,696 |
| 6,730 FISERV INC | $99,402 | $494,588 |
| 6,760 NIKE INC CLASS B | $138,345 | $501,186 |
| 6,990 CHURCH & DWIGHT CO | $149,340 | $459,662 |
| 7,610 UNILEVER PLC SPONSORED ADR | $245,614 | $397,623 |
| 8,440 TJX COMPANIES INC | $104,843 | $377,606 |
| 9,620 CORNING INC | $199,428 | $290,620 |
| EQUAL EXCHANGE CLASS B PREFERRED STOCK 5% | $50,000 | $50,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (23 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 200.00 NIA GLOBAL SOLUTIONS | AT COST | $228,120 | $224,130 |
| K-1: MICROVEST II, LP | AT COST | $277,351 | $328,785 |
| K-1: MICROVEST SHORT DURATION FUND | AT COST | $1,073,372 | $1,006,176 |
| K-1: MICROVEST+PLUS LP | AT COST | $366,985 | $385,821 |
| K-1: NALCAB CATALYST FUND I LLC | AT COST | $60,183 | $58,926 |
| K-1: OUTSOURCED ASSETS, LLC | AT COST | $23,335 | $28,400 |
| LOAN: 100,000 ACCION EAST 2.5% 12/6/2020 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 COASTAL ENTERPRISES CINI NOTES 2.5% 07/01/2023 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 COMMUNITY REINVESTMENT FUND 3.5% | AT COST | $500,000 | $500,000 |
| LOAN: 100,000 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES 2.5% 07/01/2020 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 MERCY LOAN FUND 2.5% 11/16/2021 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 OPPORTUNITY FINANCE NETWORK 2.0% 11/22/2021 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 OPPORTUNITY FINANCE NETWORK PROM NOTE 2.25% 1/31/2020 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 WORKING CAPITAL FOR COMMUNITY NEEDS (NICA) 4% 6/10/2020 | AT COST | $100,000 | $100,000 |
| LOAN: 240,000 NALCAB CATALYST FUND I LLC PROM NOTE 2% 9/23/2021 | AT COST | $240,000 | $240,000 |
| LOAN: 25,000 WCCN-NICA 3.5% | AT COST | $25,000 | $25,000 |
| LOAN: 250,000 BOSTON COMMUNITY CAPITAL SUN INITIATIVE 12/31/2020 | AT COST | $250,000 | $250,000 |
| LOAN: 250,000 FINCA 3.5% 4/6/2021 | AT COST | $250,000 | $250,000 |
| LOAN: 250,000 NEW HAMPSHIRE COMMUNITY LOAN 3% 6/30/2020 | AT COST | $250,000 | $250,000 |
| LOAN: 400,000 GLOBAL PARTNERSHIP SOCIAL INV FD 3/25/2020 | AT COST | $400,000 | $400,000 |
| LOAN: 50,000 CRAFT 3 3% | AT COST | $50,000 | $50,000 |
| LOAN: 50,000 SHARED INTEREST 1.5% 3/31/20 | AT COST | $50,000 | $50,000 |
| LOAN: 50,000 SHARED INTEREST 1.5% 3/31/20 | AT COST | $50,000 | $50,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MASS ANNUAL REPORT FORM PC | $125 | $0 | $125 |
| PORTFOLIO DEDUCTIONS - MICROVEST II,LP K-1 | $10,240 | $10,240 | $0 |
| PORTFOLIO DEDUCTIONS - MICROVEST SHORT DURATION | $17,413 | $17,413 | $0 |
| PORTFOLIO DEDUCTIONS - MICROVEST+PLUS, LP | $35,678 | $35,678 | $0 |
| PORTFOLIO DEDUCTIONS - OUTSOURCED ASSETS LLC | $271 | $271 | $0 |
| PORTFOLIO DEDUCTIONS - PERSISTENT ENERGY PARTNERS FUND | $2,965 | $2,965 | $0 |
| TRANSACTION FEES - LWC | $318 | $318 | $0 |
| CONFERENCE EXPENSE REIMBURSEMENTS | $1,141 | $0 | $1,141 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| 2016 OP CREDITED TO 2017 | $5,070 | $5,070 | |
| 2017 EXCISE TAX REFUND | $2,004 | $2,004 | |
| K-1: MICROVEST+PLUS, LP | $34,806 | $34,806 | $8,821 |
| K-1: MICROVEST II | $47 | $47 | $47 |
| K-1: NALCAB | $318 | $318 | $318 |
| K-1: MICROVEST SHORT DURATION FUND LP | $5,964 | $5,964 | $5,964 |
| K-1: PERSISTENT ENERGY | $1,893 | $1,893 | $1,893 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES - NIA GLOBAL | $2,595 | $2,595 | $0 |
| INVESTMENT MANAGEMENT FEES - LWC | $93,751 | $93,751 | $0 |
| CONSULTING FEE | $45,000 | $0 | $45,000 |
| LEGAL FEES | $564 | $0 | $564 |
| TAX PREPARATION FEES | $13,800 | $0 | $13,800 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $10,026 | $10,026 | $0 |
| 2017 EXCISE TAX EXTENSION: FORM 990 | $10,000 | $0 | $0 |
| 2018 EXCISE TAX ESTIMATE: FORM 990 | $3,290 | $0 | $0 |
| 2017 OVERPAYMENT CREDITED TO 2018 | $5,070 | $0 | $0 |
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