FLETCHER FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- FLETCHER FOUNDATION (EIN 04-6470890)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-13
- IRS object ID
- 201813179349101576
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-13T14:49:40-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042628601 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLETCHER TILTON PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 MAIN ST 11TH FLOOR | AddressLine1Txt |
| City | WORCESTER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 016081779 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046470890 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FLETCHER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FLET | BusinessNameControlTxt |
| Phone | 5084598000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 MAIN STREET 12TH FLOOR | AddressLine1Txt |
| City | WORCESTER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01608 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WARNER S FLETCHER | PersonNm |
| Person Title | TTEE/TREAS/SEC | PersonTitleTxt |
| Signature | 2018-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT H THOMPSON CPA | PreparerPersonNm |
| PTIN | P01236382 | PTIN |
| Phone | 5084598000 | PhoneNum |
| Preparation | 2018-11-07 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 131.239.15.98 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-13 | IPDt |
| IP Tm | 13:49:40 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5AFC690F395F0A734E0825ADC4DC24929672A085 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E803FE44F3AB5654AEA5DD3144463804863C4563 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $31,086,338 | 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 | $276 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $249 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $917,685 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $914,060 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $138,571 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,489,731 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $138,571 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $25,687 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,213 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,082,219 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,066,093 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $146,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $73,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $73,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $24,327 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $12,164 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $12,163 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,903 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,903 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,422 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,422 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,045 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $863 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $902 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $180,697 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $94,352 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $86,065 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,457,614 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,457,614 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,638,311 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $94,352 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,543,679 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$556,092 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $971,741 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $737,756 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $502,994 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $502,994 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $12,585,936 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,957,343 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,095,086 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,049,346 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,303,845 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,488,258 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,373,038 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,764,182 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $31,086,338 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $18,373,038 | CapitalStockBOYAmt |
| Capital Stock EOY | $18,373,038 | CapitalStockEOYAmt |
| Retained Earning EOY | -$608,856 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,373,038 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,764,182 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,373,038 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,764,182 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,373,038 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$556,092 | ExcessRevenueOverExpensesAmt |
| Subtotal | $17,816,946 | SubtotalAmt |
| Other Decreases | $52,764 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,764,182 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SEE ATTACHED | P | $1,365,651 | $1,351,160 | $14,491 | $14,491 |
| LONG TERM GAINS FROM K-1S | P | $37,727 | $37,727 | $37,727 | |
| SHORT TERM GAINS FROM K-1S | P | $3,180 | $3,180 | $3,180 | |
| SECTION 1231 GAINS FROM K-1S | P | $2,753 | $2,753 | $2,753 | |
| ORDINARY GAINS FROM K-1S | P | $33,474 | $33,474 | $33,474 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $138,571 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $3,180 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,426,459 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $27,406,106 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052049 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,440,728 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $28,682,175 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050231 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,534,741 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $31,058,385 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049415 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,453,583 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $29,297,714 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.049614 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,379,202 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $27,382,535 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050368 | DistributionYr5Rt |
| Total Distribution | 0.251677 | TotalDistributionRt |
| Average Distribution | 0.050335 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $29,589,596 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,489,392 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,717 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,499,109 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,543,679 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $9,717 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $9,717 | SubtotalAmt |
| Tax Based On Investment Income | $9,717 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,029 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $30,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $44,029 | TotalPaymentsAndCreditsAmt |
| Overpayment | $34,312 | OverpaymentAmt |
| Applied To ES Tax | $34,312 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | WARNER S FLETCHER | IndividualWithBooksNm |
| Phone | 5084598000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 MAIN STREET 12TH FLOOR | AddressLine1Txt |
| City | WORCESTER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01608 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| ALLEN W FLETCHER | ||||||||
| 4 ASH STREET | WORCESTER | MA | 01604 | TRUSTEE/CHAI | 4.00 | $0 | $0 | $0 |
| WARNER S FLETCHER | ||||||||
| 370 MAIN STREET 12TH FLOOR | WORCESTER | MA | 01608 | TTEE/TREAS/S | 4.00 | $0 | $0 | $0 |
| MARY F FLETCHER | ||||||||
| 11 MONMOUTH ROAD | WORCESTER | MA | 01609 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| PATRICIA A FLETCHER | ||||||||
| 80 SALISBURY STREET | WORCESTER | MA | 01609 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLETCHER TILTON PC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 MAIN STREET 12TH FLOOR | AddressLine1Txt |
| City | WORCESTER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01608 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | TRUST & ACCOUNT | ServiceTypeTxt |
| Compensation | $146,000 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $29,040,794 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $999,405 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,040,199 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $30,040,199 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $450,603 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,589,596 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,479,480 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,479,480 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,717 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,717 | TotalTaxAmt |
| Distributable Before Adj | $1,469,763 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,469,763 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,469,763 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,543,679 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,543,679 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,717 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,533,962 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,469,763 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $1,564 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $39,242 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $77,136 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $117,942 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,543,679 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,469,763 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $73,916 | RemainingDistriFromCorpusAmt |
| Total Corpus | $191,858 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $191,858 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $1,564 | ExcessFromYear3Amt |
| Excess From Year2 | $39,242 | ExcessFromYear2Amt |
| Excess From Year1 | $77,136 | ExcessFromYear1Amt |
| Excess From Current Year | $73,916 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | WARNER S FLETCHER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 370 MAIN STREET 12TH FLOOR | AddressLine1Txt |
| City | WORCESTER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01608 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5084598000 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE MADE BY LETTER IN QUINTUPLICATE SUMMARIZING A REQUEST TOGETHER WITH BACKGROUND INFORMATION. INCLUDE A COPY OF THE IRS TAX EXEMPTION LETTER. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | GRANT REQUESTS SHOULD BE RECEIVED TWO WEEKS PRIOR TO DISTRIBUTION MEETINGS HELD IN JUNE AND IN DECEM | SubmissionDeadlinesTxt |
| Restrictions On Awards | GIVING IS FOCUSED IN THE SOCIAL SERVICE AREA PRIMARILY IN THE CITY OF WORCESTER. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FROM MULTIPLE MLP K-1'S | |||||||
| MULTIPLE | WORCESTER | MA | 01608 | NONE | PUBLIC | CHARITABLE | $114 |
| SEE SCHEDULE ATTACHED | |||||||
| SEE ATTACHED | WORCESTER | MA | 01608 | NONE | PUBLIC | SEE SCHEDULE | $1,457,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,457,614 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | WORCESTER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01608 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE SCHEDULE | GrantOrContributionPurposeTxt |
| Amt | $386,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $386,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $276 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $917,685 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $13,213 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $138,571 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (5 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|
| MA REFUND | $30,249 | ||
| RENTAL INCOME K-1S | 523000 | $290 | |
| BUSINESS INCOME | 523000 | -$47,652 | |
| ROYALTY INCOME | 523000 | $19,942 | |
| OTHER INCOME | 523000 | $9,645 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$17,775 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,069,745 | ExclusionAmt |
| Related Or Exempt Function Incm | $30,249 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,082,219 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1B | LineNumberTxt |
| Relationship Statement | MA REFUND | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TRUST & ACCOUNTING FEES | CategoryTxt |
| Amt | $146,000 | Amt |
| Net Investment Income | $73,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $73,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FTW&CO EQUITIES | $11,577,382 | $22,676,338 |
| FTW&CO EQUITIES PFD STOCK | $379,961 | $418,748 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FTW&CO MUTUAL FUNDS | AT COST | $3,795,972 | $4,488,965 |
| CAMBRIDGE SEMANTICS | AT COST | $130,575 | $130,575 |
| MERCANTILE CAPITAL | AT COST | $318,900 | $318,900 |
| PUBLICLY TRADED PARTNERSHIPS | AT COST | $1,058,398 | $2,549,818 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD CHANGE IN MLP BASIS | Desc |
| Amt | $52,764 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| COMMONWEALTH OF MA PC | $250 | $250 | |
| MISCELLANEOUS EXP. | $652 | $652 | |
| K-1 EXPENSES | $809 | $809 | |
| ADR FEES | $54 | $54 | |
| K-1 NON-DEDUCTIBLE EXPENSES | $280 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| RENTAL INCOME - MERCANTILE | $13,213 | $13,213 |
| MA REFUND | $30,249 | |
| RENTAL INCOME K-1S | $290 | |
| BUSINESS INCOME | -$47,652 | |
| ROYALTY INCOME | $19,942 | |
| OTHER INCOME | $9,645 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $24,327 | Amt |
| Net Investment Income | $12,164 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,163 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX PAID | CategoryTxt |
| Amt | $6,422 | Amt |
| Net Investment Income | $6,422 | NetInvestmentIncomeAmt |
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