BETA

BETTER WORLD CHARITABLE FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BETTER WORLD CHARITABLE FOUNDATION (EIN 83-2749337)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-07
IRS object ID
202533119349100418
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-07T07:45:09-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832749337EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Maia Magee FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlBETTBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMaia MageePersonNm
Person TitlePresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2025-10-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,943,656FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,300,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$215,304InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$215,304InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,515,304TotalRevAndExpnssAmt
Total Net Invst Incm$215,304TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$5,000OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$5,000OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$4,100TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$20,629OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$90OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$20,539OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$29,729TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$90TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$25,539TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$102,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$55,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$132,229TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$90TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$80,539TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,383,075ExcessRevenueOverExpensesAmt
Net Investment Income$215,214NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$4,558,081SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$5,943,656SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$5,943,656SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$4,558,081TotalAssetsBOYAmt
Total Assets EOY$5,943,656TotalAssetsEOYAmt
Total Assets EOYFMV$5,943,656TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,558,081RetainedEarningBOYAmt
Retained Earning EOY$5,943,656RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,558,081TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,943,656TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,558,081TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,943,656TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,558,081TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,383,075ExcessRevenueOverExpensesAmt
Other Increases$2,500OtherIncreasesAmt
Subtotal$5,943,656SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,943,656TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,991InvestmentIncomeExciseTaxAmt
Subtotal$2,991SubtotalAmt
Tax Based On Investment Income$2,991TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,373EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$700ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$3,073TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$2EsPenaltyAmt
Overpayment$80OverpaymentAmt
Applied To ES Tax$80AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMaia MageePersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
TitleDir, Pres, Sec, TreasTitleTxt
Average Hrs Per Wk Devoted To Pos1.0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,976,817AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,976,817TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$4,976,817AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$74,652CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,902,165NetVlNoncharitableAssetsAmt
Minimum Investment Return$245,108MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$245,108MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,991TaxBasedOnInvestmentIncomeAmt
Total Tax$2,991TotalTaxAmt
Distributable Before Adj$242,117DistributableBeforeAdjAmt
Distributable Before Ded$242,117DistributableBeforeDedAmt
Distributable As Adjusted$242,117DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$80,539ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$47,500CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$128,039QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$242,117DistributableAsAdjustedAmt
Undistributed Income PY$102,505UndistributedIncomePYAmt
Qualifying Distributions$128,039QualifyingDistributionsAmt
Applied To Year1$102,505AppliedToYear1Amt
Applied To Current Year$25,534AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$216,583UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
A Kimberley
489 Jacksonville RoadColrainMA01340NONEIShort-term Emergency Assistance Grant$6,500
COLRAIN VOL AMB ASSOC INC
PO BOX 37COLRAINMA01340N/APCGENERAL & UNRESTRICTED (SEE GENERAL EXPLANATION)$35,000
D Martin
225 Pine Hill RoadWeareNH03281noneIHardship Assistance Grant$6,500
E Cushing
15 Leighton StreetManchesterNH03102NONEIHardship Assistance Grant$5,000
E Guillemette
14 Beebe LaneMerrimackNH03054NONEIHardship Assistance Grant$5,000
E Mayou
25 Mitchell Hill RoadWiltonNH03086NONEIHardship Assistance Grant$6,500
J Brownell
727 Fitchburg RoadGreenvilleNH03048NONEIHardship Assistance Grant$3,000
L Vallier
15 Emerson RoadMilfordNH03055NONEIHardship Assistance Grant$5,000
R Bunce
213 Green StreetManchesterNH03103NONEIHardship Assistance Grant$5,000
S Maxson
50A Northwestern DriveSalemNH03079NONEIHardship Assistance Grant$5,000
TOWN OF CHARLEMONT
PO BOX 606CHARLEMONTMA01339N/AGOVGENERAL & UNRESTRICTED (SEE GENERAL EXPLANATION)$15,000
W Owens
113 Valhalla DriveMilfordNH03055NONEIHardship Assistance Grant$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$102,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$215,304ExclusionAmt
FieldValueIRS element (for citing)
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$215,304ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$215,304TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonDalmatia Import Group IncContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line121 Monhawk Trail PMB 169AddressLine1Txt
CityGreenfieldCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01301ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,300,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

IdentifierIdentifierTxtForm And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
IN-KIND GRANTSPART I LINE 25 AND PART XIV LINE 3ADISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING VALUE OF GIFT CARDS: PURCHASE PRICE TOTAL FAIR MARKET VALUE OF PROPERTY: $50,000 TOTAL BOOK VALUE OF PROPERTY: $47,500 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $50,000 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $2,500 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: Gift Cards UNITS: 350 DATE OF DISTRIBUTION: 12/1/2024 GRANT RECIPIENT: COLRAIN VOL AMB ASSOC INC FMV OF PROPERTY: $35,000 BOOK VALUE OF PROPERTY: $33,250 CASH PORTION OF GRANT: TOTAL AMOUNT OF GRANT: $35,000 DESCRIPTION OF PROPERTY: Gift Cards UNITS: 150 DATE OF DISTRIBUTION: 12/1/2024 GRANT RECIPIENT: TOWN OF CHARLEMONT FMV OF PROPERTY: $15,000 BOOK VALUE OF PROPERTY: $14,250 CASH PORTION OF GRANT: TOTAL AMOUNT OF GRANT: $15,000
FORM 990-PF, PARTS I AND XIV:FORM 990-PF, PARTS I AND XIV:TOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $102,500 Less amount not treated as qualifying distribution: $47,500 TOTAL Part I, Line 25, Column (d): $55,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$20,472$20,472
Bank Charges$90$90
Postage/Delivery Service$42$42
State or Local Filing Fees$25$25

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescGRANTS OF GIFT CARDSDesc
Amt$2,500Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryWebsite DevelopmentCategoryTxt
Amt$5,000Amt
Disbursements Charitable Prps$5,000DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2024$2,300
990-PF Extension for 2023$1,800

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