PERLS FOUNDATION 90150376: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PERLS FOUNDATION 90150376 (EIN 04-6864032)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-06
- IRS object ID
- 202512799349100706
- Schema version
- 2024v5.2
- 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
- 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 | 2025-10-06T07:47:57-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | 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 | 2024-01-01 | 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 | 2025-09-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY HARN | PreparerPersonNm |
| PTIN | P01082429 | PTIN |
| Phone | 6175236531 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,046,276 | 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 | $42,555 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $42,555 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $340,552 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $340,533 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,626 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,381,940 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $19,062 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $19,062 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $400,543 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $402,150 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $55,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $55,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $218,364 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $118,864 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $154,500 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,195 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,195 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,723 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,723 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $38,164 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $29,902 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $125 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $315,446 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $152,684 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $209,625 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,020,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,020,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,335,746 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $152,684 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,229,925 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$935,203 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $249,466 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $21 | CashBOYAmt |
| Cash EOY | $565 | CashEOYAmt |
| Cash EOYFMV | $565 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,160,000 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,118,000 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,118,000 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,106,228 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,428,771 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,666,229 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,522,809 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,306,519 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,261,482 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,755 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,755 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $13,789,058 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,853,855 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,046,276 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| 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 | $13,789,058 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,853,855 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,789,058 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,853,855 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,789,058 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,853,855 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,789,058 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$935,203 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $12,853,855 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,853,855 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| LWC PUBLICLY TRADED SECURITIES | $185,293 | $200,290 | -$14,997 | -$14,997 | |
| LWC PUBLICLY TRADED SECURITIES | $2,187,539 | $2,117,530 | $70,009 | $70,009 | |
| LWC CLASS ACTION PROCEEDS | $280 | $280 | $280 | ||
| K-1 MICROVEST II LP | $14 | $14 | $14 | P | |
| K-1 MICROVEST II LP | $26,252 | -$26,252 | -$26,252 | P | |
| K-1 MICROVEST SHORT DURATION FD | $39,494 | -$39,494 | -$39,494 | P | |
| K-1: NALCAB | $8,814 | $8,814 | $8,814 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,626 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,468 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,468 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,468 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,800 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $9,800 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $6,332 | OverpaymentAmt |
| Applied To ES Tax | $6,332 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | 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 | 5.00 | $0 | $0 | $0 |
| LENNART C BRABERG | ||||||||
| C/O LWCT 230 CONGRESS ST | BOSTON | MA | 02110 | TRUSTEE | 25.00 | $55,000 | $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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HANNES BRABERG | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 BEALE ST UNIT 1B | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING | ServiceTypeTxt |
| Compensation | $95,000 | 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 | $22,760,528 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,196,362 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,360,273 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,317,163 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $26,317,163 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $394,757 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,922,406 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,296,120 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,296,120 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,468 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,468 | TotalTaxAmt |
| Distributable Before Adj | $1,292,652 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,292,652 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,292,652 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,229,925 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,229,925 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,292,652 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,020,267 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,229,925 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,020,267 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $209,658 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,082,994 | 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 (13 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 | CityRecipientForeignAddress/CityNm | 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 | |||||
| CHARLES RIVER WATERSHED ASSOCIATION | ||||||||||||
| 190 PARK ROAD | WESTON | MA | 02493 | NONE | PC | GENERAL PURPOSE | $1,000 | |||||
| FOOD FOR FREE INC | ||||||||||||
| 11 INMAN STREET | CAMBRIDGE | MA | 02139 | NONE | PC | GENERAL PURPOSE | $25,000 | |||||
| GLOBE SANTA FUND | ||||||||||||
| 1 EXCHANGE PL STE 201 | BOSTON | MA | 021092132 | NONE | PC | GENERAL PURPOSE | $500 | |||||
| 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 | $2,000 | |||||
| KNOWLEDGE ECOLOGY INTERNATIONAL | ||||||||||||
| 1621 CONNECTICUT AVENUE NW SUITE | WASHINGTON | DC | 20009 | NONE | PC | $360,000 TO BE USED FOR PROJECTS IN THE AREA OF ACCESS TO MEDICINES AND $60,000 IS INTENDED FOR THE CONTINUANCE OF CHILEAN AND LATIN AMERICAN PROJECTS COMMENCED IN 2016. | $407,000 | 500 | ||||
| PLANNED PARENTHOOD FEDERATION OF AMERICA INC | ||||||||||||
| 1055 COMMONWEALTH AVE | BOSTON | MA | 02215 | NONE | PC | GENERAL PURPOSE | $40,000 | |||||
| PUBLIC CITIZEN FOUNDATION | ||||||||||||
| 1600 20TH ST NW | WASHINGTON | DC | 20009 | NONE | PC | TO SUPPORT WORK IN THE AREA OF ACCESS TO MEDICINES. $80,000 OF THE GRANT IS RESTRICTED TO PUBLIC CITIZEN'S WORK IN LATIN AMERICA. | $272,000 | |||||
| RAILS-TO-TRAILS CONSERVANCY | ||||||||||||
| 2121 WARD CT NW 5TH FLOOR | WASHINGTON | DC | 20037 | NONE | PC | GENERAL PURPOSE | $7,300 | |||||
| STICHTING HEALTH ACTION | ||||||||||||
| NONE | PC | $15,000 FOR WORK ON "ARTIFICIAL INTELLIGENCY IN MEDICINES R&D IN EUROPE; $52,500 FOR THE PROVISION OF PRO-BONO CONSULTANT SERVICES TO SUPPORT GROUPS WORKING TO ADVANCE GLOBAL HEALTH WITH AN EMPHASIS ON POLICIES TO ENHANCE ACCESS TO MEDICINES; $49,500 FOR THE ACCESS TO MEDICINES WORK IN EUROPE WITH SALUD POR DERECHO; $44,000 FOR THE PROPOSAL TITLED "WINNING THE RIGHT TO BREATHE FOR EVERY CF PATIENT, EVERYWHERE" | $161,000 | UTRECHTSEDWARSSTRAAT 170 | UTRECHTSEDWARSSTRAAT | 1017 WK AMSTERDAM | NL | |||||
| THE BUXTON SCHOOL | ||||||||||||
| 291 SOUTH STREET | WILLIAMSTOWN | MA | 01267 | NONE | PC | GENERAL PURPOSE | $500 | |||||
| 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. | $100,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,020,300 | 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 | $42,555 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $340,552 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,626 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| K-1: MICROVEST+PLUS, LP | 01 | |
| K-1: MICROVEST SHORT DURATION FUND | 01 | $21,014 |
| K-1: NALCAB | 01 | -$1,954 |
| K-1: MICROVEST II LP | 01 | $2 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $400,543 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $400,543 | 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 |
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 | 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 II LP7600 WISCONSIN AVENUE, SUITE 300, BETHESDA, MD 20814EIN: 26-3623466, WHICH FILED FORM 8865 FOR THE YEAR ENDED 6/30/23. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,120 ADOBE SYSTEMS INC | $175,628 | $498,042 |
| 1,250 ROPER INDUSTRIES INC | $405,532 | $649,813 |
| 1,350 BROADRIDGE FINANCIAL SOLUTIONS | $148,416 | $305,222 |
| 1,355 COSTCO WHOLESALE CORP | $478,263 | $1,241,546 |
| 1,485 THERMO FISHER SCIENTIFIC INC | $219,980 | $772,542 |
| 1,530 INTUIT | $91,610 | $961,605 |
| 1,565 SALESFORCE.COM | $227,028 | $523,226 |
| 1,575 NVIDIA | $200,632 | $211,507 |
| 1,715 STRYKER CORP | $42,633 | $617,486 |
| 1,818 EQUAL EXCHANGE CLASS B PREFERRED STOCK 5% | $50,000 | $50,000 |
| 1,830 VEEVA SYSTEMS INC | $382,232 | $384,758 |
| 2,030 PAYCOM SOFTWARE INC | $94,497 | $416,089 |
| 2,135 NXP SEMICONDUCTORS | $184,219 | $443,760 |
| 2,215 VISA INC | $210,234 | $700,029 |
| 2,280 WEX INC | $430,733 | $399,730 |
| 2,580 VERALTO CORPORATION | $136,492 | $262,773 |
| 2,645 MASTERCARD INC | $71,831 | $1,392,778 |
| 2,680 AMERICAN TOWER | $273,468 | $491,539 |
| 2,700 MICROSOFT CORP | $320,025 | $1,138,050 |
| 2,844 STARBUCKS CORP | $27,174 | $259,515 |
| 3,380 AMAZON.COM | $290,194 | $741,538 |
| 3,540 DANAHER CORP SHS BEN NT | $248,841 | $812,607 |
| 4,785 NIKE INC CLASS B | $94,945 | $362,081 |
| 5,000 ALPHABET INC CLASS A | $182,798 | $946,500 |
| 5,960 CHURCH & DWIGHT CO | $115,199 | $624,072 |
| 565 REGENERON PHAR | $492,243 | $402,466 |
| 570 SYNOPSYS INC | $298,687 | $276,655 |
| 6,000 FISERV INC | $87,156 | $1,232,520 |
| 6,745 APPLE INC. | $31,565 | $1,689,083 |
| 810 SERVICENOW INC | $416,516 | $858,697 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (21 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 262,145.568 DOMINI SUSTAINABLE SOLUTIONS FUND | AT COST | $297,665 | $416,760 |
| K-1: MICROVEST II, LP | AT COST | $45,011 | $5,846 |
| K-1: MICROVEST SHORT DURATION FUND | AT COST | $1,360,960 | $1,226,738 |
| K-1: MICROVEST+PLUS LP | AT COST | $90,912 | $101,116 |
| K-1: NALCAB CATALYST FUND I LLC | AT COST | $76,971 | $76,022 |
| LOAN: 100,000 ACCENDUS LOAN FUND PROM NOTE 2.5% 12/6/2025 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 COASTAL ENTERPRISES CINI NOTES 2.5% 06/30/2028 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 COMMUNITY REINVESTMENT FUND 2.75% | 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 COMMUNITY CAPITAL PROM NOTE 2.5% 11/15/2026 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 NEW HAMPSHIRE COMMUNITY LOAN 6/30/2025 3% | AT COST | $250,000 | $250,000 |
| LOAN: 100,000 ONE ACRE FUND PROM NOTE 2.5% 7/15/2026 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 OPPORTUNITY FINANCE NETWORK PROM NOTE 1% 1/31/2025 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 OPPORTUNITY FINANCE NETWORK PROM NOTE 2.25% 1/30/2025 | AT COST | $100,000 | $100,000 |
| LOAN: 100,000 WCCN 4% 6/10/2025 | AT COST | $100,000 | $100,000 |
| LOAN: 240,000 NALCAB PROM NOTE 2% 9/23/2026 | AT COST | $240,000 | $240,000 |
| LOAN: 25,000 WCCN 3.5% | AT COST | $25,000 | $25,000 |
| LOAN: 250,000 SUN INITIATIVE PROM NOTE 3.5% 12/31/2025 | AT COST | $250,000 | $250,000 |
| LOAN: 400,000 GLOBAL PARTNERSHIP SOCIAL INV FD 2.25% 9/30/2025 | AT COST | $250,000 | $250,000 |
| LOAN: 50,000 CRAFT 2.75% | AT COST | $70,000 | $70,000 |
| LOAN: 50,000 PATHSTONE ENTERPRISE CENTER | AT COST | $50,000 | $50,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 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 | $2,837 | $2,837 | $0 |
| PORTFOLIO DEDUCTIONS - MICROVEST SHORT DURATION | $26,852 | $26,852 | $0 |
| PORTFOLIO DEDUCTIONS - MICROVEST+PLUS, LP | $8,137 | $0 | $0 |
| TRANSACTION FEES - LWC | $213 | $213 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1: MICROVEST SHORT DURATION FUND | $21,014 | $21,014 | $21,014 |
| K-1: NALCAB | -$1,954 | -$1,954 | -$1,954 |
| K-1: MICROVEST II LP | $2 | $2 | $2 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES - LWC | $118,864 | $118,864 | $0 |
| TAX PREPARATION FEES | $4,500 | $0 | $4,500 |
| CONSULTING FEES | $95,000 | $0 | $150,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $1,725 | $1,725 | $0 |
| 2024 EXCISE TAX ESTIMATE | $998 | $998 | $0 |
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