2018-05-14T14:52:20-05:00 2017-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2016-07-01 421552247 ST SEBASTIAN'S SCHOOL FUND INC STSE 7814495200 1191 GREENDALE AVENUE NEEDHAM MA 02492 DAVID CALABRO TREASURER 7814495200 2018-05-14 1 LYNNE JOHNSON P00757336 6179129000 2016 2022-09-23 18:48:47Z JAMES L ELCOCK 1191 GREENDALE AVENUE NEEDHAM MA 02492 14858645 0 X N/A X 2002 MA SEE SCHEDULE OTHE SIGNIFICANT ACTIVITY OF ST. SEBASTIAN'S SCHOOL FUND, INC. IS TO SUPPORT THE EDUCATIONAL PURPOSES OF ST. SEBASTIAN'S SCHOOL, INC. BY RECEIVING MONETARY FUNDS AND REAL OR PERSONAL PROPERTY, MANAGING SUCH PROPERTY, AND FROM TIME TO TIME, REMITTING THE INCOME OR GAINS THEREFROM TO ST. SEBASTIAN'S SCHOOL, INC. AND OTHERWISE TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ST. SEBASTIAN'S SCHOOL, INC. (FROM THE ARTICLES OF ORGANIZATION). 13 13 0 50 0 0 11499386 12711905 0 0 801508 813619 8 36176 12300902 13561700 3745173 4240603 0 0 0 0 0 0 0 503964 566652 4249137 4807255 8051765 8754445 52877545 64367669 8820807 8551435 44056738 55816234 X SEE SCHEDULE OTHE SIGNIFICANT ACTIVITY OF ST. SEBASTIAN'S SCHOOL FUND, INC. IS TO SUPPORT THE EDUCATIONAL PURPOSES OF ST. SEBASTIAN'S SCHOOL, INC. BY RECEIVING MONETARY FUNDS AND REAL OR PERSONAL PROPERTY, MANAGING SUCH PROPERTY, AND FROM TIME TO TIME, REMITTING THE INCOME OR GAINS THEREFROM TO ST. SEBASTIAN'S SCHOOL, INC. AND OTHERWISE TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, OR TO CARRY OUT THE PURPOSES OF ST. SEBASTIAN'S SCHOOL, INC. (FROM THE ARTICLES OF ORGANIZATION). 0 0 4240603 4240603 ST. SEBASTIAN'S SCHOOL FUND, INC. PROVIDES GENERAL SUPPORT FOR THE OPERATIONS OF ST. SEBASTIAN'S SCHOOL, INC. 4240603 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X JOHN J DOHERTY 7814495200 1191 GREENDALE AVENUE NEEDHAM MA 02492 X JAMES L ELCOCK PRESIDENT 0.50 1.00 X X 0 0 0 ROBERT W WADSWORTH TREASURER 0.50 1.00 X X 0 0 0 DEVIN C CONDRON TRUSTEE 0.50 1.00 X 0 0 0 DAVID M CALABRO TRUSTEE 0.50 1.00 X 0 0 0 DOUGLAS A KINGSLEY CLERK 0.50 1.00 X X 0 0 0 JOHN L KEEFE TRUSTEE 0.50 1.00 X 0 0 0 WILLIAM A O'MALLEY TRUSTEE 0.50 1.00 X 0 0 0 PATRICK J HEGARTY TRUSTEE 0.50 1.00 X 0 0 0 JANE M HOCH TRUSTEE 0.50 1.00 X 0 0 0 REV MICHAEL DREA TRUSTEE 0.50 1.00 X 0 0 0 WILLIAM L BURKE TRUSTEE 0.50 1.00 X 0 0 0 KEVIN DRISCOLL TRUSTEE 0.50 1.00 X 0 0 0 JOHN E MCNAMARA TRUSTEE 0.50 1.00 X 0 0 0 0 0 0 0 0 0 0 0 12711905 953000 12711905 810256 810256 53100 16924 36176 36176 36176 1283384 1280021 3363 3363 3363 13561700 36176 0 813619 4240603 4240603 30544 30544 5000 5000 4320 4320 262909 262909 27527 27527 UNCOLLECTABLE ACCOUNTS 200000 200000 MISCELLANEOUS EXPENSE 28339 28339 COMMISSION FEES 8013 8013 4807255 4240603 566652 0 9900409 13104982 6216547 8381776 6594836 117527 4604836 6477309 32155753 36403602 52877545 64367669 47786 42453 20000 5000 8753021 8501982 0 2000 8820807 8551435 X 24735134 32107663 12907342 15944279 6414262 7764292 44056738 55816234 52877545 64367669 X 8754445 3088793 -83742 X 0 1 X 1 0 X X 1 ST SEBASTIAN'S SCHOOL INC 042104921 2 1 4240603 0 1 4240603 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31791798 3470575 3888447 1937500 37213320 30446157 2081676 1129904 1865939 31791798 25793453 4778764 571940 698000 30446157 19124681 3485177 3699095 515500 25793453 14498019 3988835 1618572 980745 19124681 0.55060 0.23260 0.21680 0 0 5869036 5869036 725800 117527 608273 6477309 SECURITY DEPOSIT 2000 2000 X PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO SUPPORT THE SCHOOL AND ITS MISSION OVER THE LONG TERM. GIFTS ARE REPORTED AS EITHER TEMPORARILY OR PERMANETLY RESTRICTED IF THEY ARE RECEIVED WITH DONOR STIPULATIONS THAT LIMIT THE USE OF THE DONATED ASSETS. WHEN A DONOR RESTRICTION EXPIRES, THAT IS, WHEN A STIPULATED TIME RESTRICTION ENDS OR PURPOSE RESTRICTION IS ACCOMPLISHED, TEMPORARILY RESTRICTED NET ASSETS ARE RECLASSIFIED AS UNRESTRICTED NET ASSETS. PART X, LINE 2: THE FUND FOLLOWS FASB ASC 740, "INCOME TAXES", WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FUND RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT EVALUATED THE FUND'S TAX POSITIONS AND CONCLUDED THAT THE FUND HAD NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF JUNE 30, 2017 AND 2016. THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2014. THE FUND WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. 0 ST SEBASTIAN'S SCHOOL INC 1191 GREENDALE AVENUE NEEDHAM MA 02492 042104921 501(C)(3) 4240603 TO SUPPORT EDUCATIONAL PURPOSES OF ST. SEBASTIAN'S SCHOOL, INC. 1 A THE MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 NONEAVAIL 2017-02-13 8593227 SEE PART IV 0 0 0 A 91245 8593227 8593227 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 (F) DESCRIPTION OF PURPOSE: THE FINANCING OR REIMBURSEMENT OF (I) THE DEVELOPMENT AND CONSTRUCTION OF AN ACADEMIC BUILDING TO BE LOCATED AT 1176 GREENDALE AVENUE, NEEDHAM, MA AND THE FURNISHING AND EQUIPPING THEREOF AND (II) THE PAYMENT OF COSTS ISSUING THE BONDS. IN FEBRUARY 2017, THE OUTSTANDING BALANCE OF THE BONDS WERE REISSUED, WITH A NEW INTEREST RATE OF 3.02%. X 31 953000 FMV 0 0 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS BASED ON THE NUMBER OF DONORS OF GIFTS RECEIVED. PART I, LINE 32B: ST. SEBASTIAN'S SCHOOL FUND HIRED BROKERS TO SELL STOCK GIFTS. FORM 990, PART VI, SECTION A, LINE 6 ST. SEBASTIAN'S SCHOOL, INC. IS THE SOLE MEMBER OF ST. SEBASTIAN'S SCHOOL FUND, INC. FORM 990, PART VI, SECTION A, LINE 7A ST. SEBASTIAN'S SCHOOL, INC. IS THE ONLY MEMBER OF THE FUND, INC. AND HAS THE RIGHT TO ELECT DIRECTORS AND OFFICERS OF ST. SEBASTIAN'S FUND, INC. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS OF ST. SEBASTIAN'S SCHOOL FUND REVIEW THE FORM 990 AND THE BOARD RECEIVES A FULL COPY OF THE FINAL FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY WITH ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES BY ANNUALLY SIGNING A CONFLICT OF INTEREST QUESTIONNAIRE. IN THE EVENT OF A CONFLICT, THE OFFICER, DIRECTOR, OR KEY EMPLOYEE MUST RECUSE THEMSELVES OF ANY DECISION-MAKING WITH THE RESPECT TO SUCH CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST (EITHER BY MAIL OR IN PERSON AT THE ORGANIZATION'S OFFICE, DEPENDING ON THE FORM OF REQUEST) FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990, WITHOUT SCHEDULE B, IS AVAILABLE VIA THE GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENEREAL'S OFFICE WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN NET PRESENT VALUE OF PLEDGES -83,742. ST SEBASTIAN'S SCHOOL INC 1191 GREENDALE AVENUE NEEDHAM MA 02492 042104921 EDUCATION MA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0