BERKSHIRE BANK FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- BERKSHIRE BANK FOUNDATION INC (EIN 04-3365869)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-02-27
- IRS object ID
- 201820589349100017
- Schema version
- 2017v2.2
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-02-27T16:26:45-08:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042511474 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lombardi Clairmont & Keegan CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 Pearl Street | AddressLine1Txt |
| City | Pittsfield | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 012014718 | 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 | 043365869 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERKSHIRE BANK FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BERK | BusinessNameControlTxt |
| Phone | 4132363733 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1308 | AddressLine1Txt |
| City | PITTSFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LORI GAZZILLO | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Signature | 2018-02-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BARRY J CLAIRMONT | PreparerPersonNm |
| PTIN | P01259587 | PTIN |
| Phone | 4134993733 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $29,503,351 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $674,202 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $674,202 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,532,319 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $16,459,772 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,532,319 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,206,521 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,206,521 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $176,846 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $176,846 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $13,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $164,472 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $134,274 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $30,198 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $21,538 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,023 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $198,695 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $198,695 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $575,051 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $135,297 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $419,239 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,420,217 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,993,497 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,995,268 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $135,297 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,412,736 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$788,747 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,071,224 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $500,357 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,058,550 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,058,550 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $27,288 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $27,288 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $24,169,982 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $23,178,540 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $28,315,764 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $91,518 | OtherAssetsBOYAmt |
| Other Assets EOY | $101,749 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $101,749 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $24,761,857 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,366,127 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $29,503,351 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $59,912 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $26,210 | AccountsPayableEOYAmt |
| Grants Payable BOY | $22,017 | GrantsPayableBOYAmt |
| Grants Payable EOY | $448,737 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $81,929 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $474,947 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $24,679,928 | UnrestrictedBOYAmt |
| Unrestricted EOY | $23,891,180 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,679,928 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,891,180 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,761,857 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,366,127 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,679,928 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$788,747 | ExcessRevenueOverExpensesAmt |
| Subtotal | $23,891,181 | SubtotalAmt |
| Other Decreases | $1 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,891,180 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (227 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| Abbvie Inc 2% | P | 2016-01-01 | 2017-01-01 | $51 | -$51 | -$51 | |
| Amgen Inc 3.45% | P | 2016-01-01 | 2017-01-01 | $949 | -$949 | -$949 | |
| Astrazeneca 1.95% | P | 2016-01-01 | 2017-01-01 | $395 | -$395 | -$395 | |
| BB&T Corp 5.25% | P | 2016-01-01 | 2017-01-01 | $4,186 | -$4,186 | -$4,186 | |
| Becton Dickinson 3.25% | P | 2016-01-01 | 2017-01-01 | $915 | -$915 | -$915 | |
| Burlington Northern Santa Fe 3.05% | P | 2016-01-01 | 2017-01-01 | $221 | -$221 | -$221 | |
| CME Group 3% | P | 2016-01-01 | 2017-01-01 | $304 | -$304 | -$304 | |
| Dr. Pepper Snapple Group 2.6% | P | 2016-01-01 | 2017-01-01 | $845 | -$845 | -$845 | |
| 100000 General Elec Cap Corp 5.625% | P | 2016-01-01 | 2017-09-15 | $104,372 | -$4,372 | -$4,372 | $100,000 |
| Home Depot Inc 2.25% | P | 2016-01-01 | 2017-01-01 | $770 | -$770 | -$770 | |
| Intel Corp 3.3% | P | 2016-01-01 | 2017-01-01 | $591 | -$591 | -$591 | |
| 100000 Laboratory Corp 2.2% | P | 2016-01-01 | 2017-08-23 | $100,638 | -$638 | -$638 | $100,000 |
| Nike Inc. 2.25% | P | 2016-01-01 | 2017-01-01 | $4 | -$4 | -$4 | |
| Northern TR Corp 3.45% | P | 2016-01-01 | 2017-01-01 | $1,683 | -$1,683 | -$1,683 | |
| Philip Morris Intl Inc 1.875% | P | 2016-01-01 | 2017-01-01 | $32 | -$32 | -$32 | |
| Smucker J M Co 3.5% | P | 2016-01-01 | 2017-01-01 | $488 | -$488 | -$488 | |
| 150000 Thermo Fisher Scientific 1.85% | P | 2016-01-01 | 2017-03-22 | $150,394 | $377 | $377 | $150,771 |
| Transcanada Corp | P | 2016-01-01 | 2017-01-01 | $496 | -$496 | -$496 | |
| 3400 Ishares U.S. Preferred Stock | P | 2016-01-01 | 2017-02-07 | $133,112 | -$3,830 | -$3,830 | $129,282 |
| 2000 SPDR Bloomberg Barclays High Yield Bond | P | 2016-01-01 | 2017-02-07 | $81,012 | -$7,464 | -$7,464 | $73,548 |
| 2875 Vanguard Short-term Corporate Bond | P | 2016-01-01 | 2017-02-07 | $227,737 | $691 | $691 | $228,428 |
| 478 Amgen Inc. | P | 2016-01-01 | 2017-01-01 | $55,639 | $27,552 | $27,552 | $83,191 |
| 304 Apple Inc | P | 2016-01-01 | 2017-01-01 | $35,917 | $8,266 | $8,266 | $44,183 |
| 73 Blackrock Inc. | P | 2016-01-01 | 2017-01-01 | $26,241 | $1,859 | $1,859 | $28,100 |
| Brighthouse Finl Inc | P | 2016-01-01 | 2017-08-30 | $5 | $5 | ||
| 26 Celgene Corp | P | 2016-01-01 | 2017-08-30 | $3,279 | $104 | $104 | $3,383 |
| 171 Chubb Corp | P | 2016-01-01 | 2017-02-08 | $21,619 | $830 | $830 | $22,449 |
| 508 CVS Health Corporation | P | 2016-01-01 | 2017-02-08 | $53,468 | -$14,919 | -$14,919 | $38,549 |
| 29 Danaher Corp | P | 2016-01-01 | 2017-02-08 | $2,299 | $117 | $117 | $2,416 |
| 19 Disney Walt Co | P | 2016-01-01 | 2017-02-08 | $1,871 | $228 | $228 | $2,099 |
| 723 Equifax Inc | P | 2016-01-01 | 2017-01-01 | $94,863 | -$15,807 | -$15,807 | $79,056 |
| 263 Facebook Inc | P | 2016-01-01 | 2017-01-01 | $22,051 | $18,883 | $18,883 | $40,934 |
| 190 FMC Corp | P | 2016-01-01 | 2017-08-29 | $11,501 | $4,448 | $4,448 | $15,949 |
| 63 Fortive Corp | P | 2016-01-01 | 2017-08-29 | $3,486 | $607 | $607 | $4,093 |
| 149 General Mills | P | 2016-01-01 | 2017-02-08 | $9,142 | $207 | $207 | $9,349 |
| 882 Gilead Sciences Inc | P | 2016-01-01 | 2017-02-08 | $74,344 | -$11,004 | -$11,004 | $63,340 |
| 196 Home Depot Inc | P | 2016-01-01 | 2017-01-01 | $25,516 | $1,670 | $1,670 | $27,186 |
| 195 Juniper Networks Inc | P | 2016-01-01 | 2017-08-29 | $5,815 | -$471 | -$471 | $5,344 |
| 354 Lyondellbasell Industries | P | 2016-01-01 | 2017-02-08 | $36,640 | -$3,182 | -$3,182 | $33,458 |
| 1032 Lilly Eli & Co | P | 2016-01-01 | 2017-01-01 | $61,228 | $22,028 | $22,028 | $83,256 |
| 1100 LKQ Corp | P | 2016-01-01 | 2017-01-01 | $29,925 | $5,271 | $5,271 | $35,196 |
| 146 McCormick & Co Inc | P | 2016-01-01 | 2017-02-08 | $13,352 | $676 | $676 | $14,028 |
| 424 Metlife Inc | P | 2016-01-01 | 2017-02-08 | $19,836 | $2,231 | $2,231 | $22,067 |
| 201 Micron Technology Inc | P | 2016-01-01 | 2017-08-29 | $5,358 | $707 | $707 | $6,065 |
| 232 Microsoft Corp | P | 2016-01-01 | 2017-02-08 | $14,036 | $2,272 | $2,272 | $16,308 |
| 14 Nextera Energy | P | 2016-01-01 | 2017-02-08 | $1,597 | $146 | $146 | $1,743 |
| 289 Novartis AG Sponsored ADR | P | 2016-01-01 | 2017-02-08 | $27,625 | -$6,313 | -$6,313 | $21,312 |
| 997 Palo Alto Networks Inc | P | 2016-01-01 | 2017-01-01 | $98,603 | $33,709 | $33,709 | $132,312 |
| 14 Priceline GRP Inc | P | 2016-01-01 | 2017-02-08 | $19,969 | $2,210 | $2,210 | $22,179 |
| 355 Procter & Gamble Co | P | 2016-01-01 | 2017-02-08 | $29,196 | $1,928 | $1,928 | $31,124 |
| 2616 Qualcomm Inc | P | 2016-01-01 | 2017-01-01 | $158,644 | -$9,211 | -$9,211 | $149,433 |
| 430 State Street Corp | P | 2016-01-01 | 2017-01-01 | $33,664 | $2,390 | $2,390 | $36,054 |
| 36 Union Pacific Corp | P | 2016-01-01 | 2017-02-08 | $4,143 | -$238 | -$238 | $3,905 |
| 111 Valero Energy Corp | P | 2016-01-01 | 2017-02-07 | $7,052 | $231 | $231 | $7,283 |
| 257 Verizon Communications | P | 2016-01-01 | 2017-02-08 | $12,741 | -$322 | -$322 | $12,419 |
| 249 Visa Inc | P | 2016-01-01 | 2017-01-01 | $19,287 | $6,007 | $6,007 | $25,294 |
| 536 Wells Fargo & Co | P | 2016-01-01 | 2017-02-03 | $29,656 | $861 | $861 | $30,517 |
| 16 YUM Brands | P | 2016-01-01 | 2017-02-08 | $999 | $61 | $61 | $1,060 |
| 680 YUM China Holdgs Inc | P | 2016-01-01 | 2017-02-07 | $14,902 | $4,492 | $4,492 | $19,394 |
| 16799 Franklin International Smaller Companies | P | 2016-01-01 | 2017-02-03 | $285,703 | $2,744 | $2,744 | $288,447 |
| 30 Ishares Russell Midcap Growth | P | 2016-01-01 | 2017-08-29 | $1,912 | $1,327 | $1,327 | $3,239 |
| 24920 Vanguard FTSE Developed Markets | P | 2016-01-01 | 2017-02-07 | $932,035 | $14,281 | $14,281 | $946,316 |
| 8169 Vanguard FTSE Emerging Markets | P | 2016-01-01 | 2017-02-07 | $328,734 | -$18,195 | -$18,195 | $310,539 |
| 1135 Vanguard Index FDS REIT | P | 2016-01-01 | 2017-03-28 | $82,813 | $10,774 | $10,774 | $93,587 |
| 7017 Virtus Classic SEIX Floating Rate High Income Fund | P | 2017-07-17 | 2017-10-23 | $61,682 | -$421 | -$421 | $61,261 |
| 1065 Ishares 3-7 Year Treasury Bond | P | 2016-01-01 | 2017-10-23 | $130,040 | $1,184 | $1,184 | $131,224 |
| 2000 Ishares 7-10 Year Treasury Bond | P | 2016-01-01 | 2017-02-07 | $216,074 | -$6,588 | -$6,588 | $209,486 |
| 1945 Ishares MBS | P | 2016-01-01 | 2017-10-25 | $213,531 | -$5,780 | -$5,780 | $207,751 |
| 3250 Ishares U.S. Preferred Stock | P | 2016-01-01 | 2017-02-07 | $122,784 | $795 | $795 | $123,579 |
| 3000 SPDR Bloomberg Barclays High Yield Bond | P | 2016-01-01 | 2017-02-07 | $105,315 | $5,008 | $5,008 | $110,323 |
| 4600 Vanguard Short-term Corporate Bond | P | 2016-01-01 | 2017-02-07 | $365,682 | -$197 | -$197 | $365,485 |
| 71 Allergan PLC | P | 2016-01-01 | 2017-10-24 | $15,209 | -$1,766 | -$1,766 | $13,443 |
| 371 AMC Network Inc | P | 2016-01-01 | 2017-10-24 | $20,904 | $348 | $348 | $21,252 |
| 243 Amgen Inc. | P | 2016-01-01 | 2017-01-01 | $37,097 | $5,195 | $5,195 | $42,292 |
| 463 Apple Inc | P | 2016-01-01 | 2017-01-01 | $50,680 | $20,204 | $20,204 | $70,884 |
| 1167 Bank of America Corp | P | 2016-01-01 | 2017-10-24 | $27,197 | $4,422 | $4,422 | $31,619 |
| 123 Blackrock Inc. | P | 2016-01-01 | 2017-01-01 | $45,048 | $10,525 | $10,525 | $55,573 |
| 85 Brighthouse Finl Inc | P | 2016-01-01 | 2017-01-01 | $4,764 | $517 | $517 | $5,281 |
| 216 Celgene Corp | P | 2016-01-01 | 2017-10-24 | $25,846 | $554 | $554 | $26,400 |
| 348 Chubb Corp | P | 2016-01-01 | 2017-01-01 | $44,223 | $7,258 | $7,258 | $51,481 |
| 183 Cummins Inc | P | 2016-01-01 | 2017-10-24 | $26,874 | $5,517 | $5,517 | $32,391 |
| 748 CVS Health Corporation | P | 2016-01-01 | 2017-01-01 | $64,276 | -$7,937 | -$7,937 | $56,339 |
| 298 Danaher Corp | P | 2016-01-01 | 2017-01-01 | $23,226 | $3,779 | $3,779 | $27,005 |
| 801 Delta Air Lines Inc | P | 2016-01-01 | 2017-10-24 | $35,675 | $6,645 | $6,645 | $42,320 |
| 311 Dish Network Corp | P | 2016-01-01 | 2017-10-24 | $17,632 | -$2,242 | -$2,242 | $15,390 |
| 241 Disney Walt Co | P | 2016-01-01 | 2017-01-01 | $24,087 | -$75 | -$75 | $24,012 |
| 263 Dominion Energy, Inc | P | 2016-01-01 | 2017-10-24 | $19,398 | $1,546 | $1,546 | $20,944 |
| 380 Equifax Inc | P | 2016-01-01 | 2017-01-01 | $43,281 | -$1,608 | -$1,608 | $41,673 |
| 296 Exxon Mobil Corp | P | 2016-01-01 | 2017-10-24 | $25,355 | -$825 | -$825 | $24,530 |
| 432 Facebook Inc | P | 2016-01-01 | 2017-01-01 | $50,220 | $22,900 | $22,900 | $73,120 |
| 307 FMC Corp | P | 2016-01-01 | 2017-01-01 | $18,584 | $9,402 | $9,402 | $27,986 |
| 215 Fortive Corp | P | 2016-01-01 | 2017-10-24 | $11,730 | $3,734 | $3,734 | $15,464 |
| 691 General Mills | P | 2016-01-01 | 2017-01-01 | $42,629 | -$5,837 | -$5,837 | $36,792 |
| 865 Gilead Sciences Inc | P | 2016-01-01 | 2017-01-01 | $68,431 | -$2,412 | -$2,412 | $66,019 |
| 31 Alphabet Inc | P | 2016-01-01 | 2017-10-24 | $24,258 | $6,953 | $6,953 | $31,211 |
| 438 Halliburton Co | P | 2016-01-01 | 2017-10-24 | $20,088 | -$1,151 | -$1,151 | $18,937 |
| 237 Home Depot Inc | P | 2016-01-01 | 2017-01-01 | $30,932 | $5,471 | $5,471 | $36,403 |
| 1061 Juniper Networks Inc | P | 2016-01-01 | 2017-01-01 | $30,582 | -$2,797 | -$2,797 | $27,785 |
| 506 Lyondellbasell Industries | P | 2016-01-01 | 2017-01-01 | $45,143 | $4,080 | $4,080 | $49,223 |
| 525 Lilly Eli & Co | P | 2016-01-01 | 2017-01-01 | $39,139 | $3,221 | $3,221 | $42,360 |
| 1179 LKQ Corp | P | 2016-01-01 | 2017-01-01 | $36,377 | $4,523 | $4,523 | $40,900 |
| 284 Marathon Pete Corp | P | 2016-01-01 | 2017-10-24 | $13,757 | $2,614 | $2,614 | $16,371 |
| 327 McCormick & Co Inc | P | 2016-01-01 | 2017-01-01 | $30,183 | $2,016 | $2,016 | $32,199 |
| 799 Metlife Inc | P | 2016-01-01 | 2017-01-01 | $38,806 | $3,466 | $3,466 | $42,272 |
| 975 Micron Technology Inc | P | 2016-01-01 | 2017-10-24 | $24,331 | $16,682 | $16,682 | $41,013 |
| 818 Microsoft Corp | P | 2016-01-01 | 2017-01-01 | $47,843 | $15,717 | $15,717 | $63,560 |
| 169 Nextera Energy | P | 2016-01-01 | 2017-01-01 | $19,537 | $6,208 | $6,208 | $25,745 |
| 373 Novartis AG Sponsored ADR | P | 2016-01-01 | 2017-01-01 | $29,017 | $793 | $793 | $29,810 |
| 382 Occidental Pete Corp | P | 2016-01-01 | 2017-10-24 | $26,558 | -$1,539 | -$1,539 | $25,019 |
| 507 Palo Alto Networks Inc | P | 2016-01-01 | 2017-01-01 | $72,572 | -$5,308 | -$5,308 | $67,264 |
| 747 Pfizer Inc | P | 2016-01-01 | 2017-10-24 | $24,427 | $2,688 | $2,688 | $27,115 |
| 20 Priceline GRP Inc | P | 2016-01-01 | 2017-01-01 | $29,129 | $7,174 | $7,174 | $36,303 |
| 509 Procter & Gamble Co | P | 2016-01-01 | 2017-01-01 | $42,936 | $1,782 | $1,782 | $44,718 |
| 1334 Qualcomm Inc | P | 2016-01-01 | 2017-01-01 | $77,448 | -$1,246 | -$1,246 | $76,202 |
| 812 Quanta Svcs Inc | P | 2016-01-01 | 2017-01-01 | $29,731 | $333 | $333 | $30,064 |
| 495 Schlumberger LTD | P | 2016-01-01 | 2017-10-24 | $38,681 | -$7,806 | -$7,806 | $30,875 |
| 585 State Street Corp | P | 2016-01-01 | 2017-01-01 | $43,838 | $10,674 | $10,674 | $54,512 |
| 435 TJX Cos Inc | P | 2016-01-01 | 2017-10-24 | $32,921 | -$1,647 | -$1,647 | $31,274 |
| 195 T Mobile US Inc | P | 2016-01-01 | 2017-10-24 | $12,528 | -$741 | -$741 | $11,787 |
| 608 Trimble Inc | P | 2016-01-01 | 2017-01-01 | $20,940 | $3,822 | $3,822 | $24,762 |
| 301 Union Pacific Corp | P | 2016-01-01 | 2017-01-01 | $30,115 | $3,827 | $3,827 | $33,942 |
| 409 Valero Energy Corp | P | 2016-01-01 | 2017-01-01 | $24,279 | $6,794 | $6,794 | $31,073 |
| 601 Verizon Communications | P | 2016-01-01 | 2017-10-24 | $29,689 | -$69 | -$69 | $29,620 |
| 540 Visa Inc | P | 2016-01-01 | 2017-01-01 | $42,371 | $14,996 | $14,996 | $57,367 |
| 588 Voya Finl Inc | P | 2016-01-01 | 2017-10-24 | $24,171 | -$594 | -$594 | $23,577 |
| 1130 Wells Fargo & Co | P | 2016-01-01 | 2017-01-01 | $59,980 | $1,649 | $1,649 | $61,629 |
| 434 YUM Brands | P | 2016-01-01 | 2017-10-24 | $27,165 | $5,846 | $5,846 | $33,011 |
| 199 YUM China Holdgs Inc | P | 2016-01-01 | 2017-02-07 | $4,680 | $996 | $996 | $5,676 |
| 8547 Franklin International Smaller Companies | P | 2016-01-01 | 2017-02-03 | $153,960 | -$7,216 | -$7,216 | $146,744 |
| 10853 Johcm International Select Fund | P | 2016-01-01 | 2017-10-23 | $216,557 | $26,110 | $26,110 | $242,667 |
| 3475 MFS New Discovery Value Fund | P | 2016-01-01 | 2017-10-23 | $47,588 | $6,997 | $6,997 | $54,585 |
| 163 Ishares Russell Midcap Value | P | 2016-01-01 | 2017-10-25 | $13,967 | $48 | $48 | $14,015 |
| 45 Ishares Russell Midcap Growth | P | 2016-01-01 | 2017-01-01 | $4,364 | $750 | $750 | $5,114 |
| 12675 Vanguard FTSE Developed Markets | P | 2016-01-01 | 2017-02-07 | $462,883 | $18,440 | $18,440 | $481,323 |
| 4155 Vanguard FTSE Emerging Markets | P | 2016-01-01 | 2017-02-07 | $147,106 | $10,844 | $10,844 | $157,950 |
| 562 Vanguard Intl Equity Index Fds All World EX US | P | 2016-01-01 | 2017-10-25 | $25,983 | $4,013 | $4,013 | $29,996 |
| 577 Vanguard Index FDS REIT | P | 2016-01-01 | 2017-03-28 | $48,035 | -$458 | -$458 | $47,577 |
| Abbvie Inc 2% | P | 2016-01-01 | 2017-01-01 | $68 | -$68 | -$68 | |
| Allergan 3.375% | P | 2016-01-01 | 2017-01-01 | $2,369 | -$2,369 | -$2,369 | |
| Amgen Inc 3.45% | P | 2016-01-01 | 2017-01-01 | $992 | -$992 | -$992 | |
| Astrazeneca 1.95% | P | 2016-01-01 | 2017-01-01 | $722 | -$722 | -$722 | |
| BB&T Corp 5.25% | P | 2016-01-01 | 2017-01-01 | $2,950 | -$2,950 | -$2,950 | |
| Becton Dickinson & Co 3.25% | P | 2016-01-01 | 2017-01-01 | $821 | -$821 | -$821 | |
| 100000 Boston PPTYS LTD 3.7% | P | 2016-01-01 | 2017-12-18 | $100,160 | $1,333 | $1,333 | $101,493 |
| Disney Walt Co 2.75% | P | 2016-01-01 | 2017-01-01 | $288 | -$288 | -$288 | |
| Dr. Pepper Snapple Group 2.6% | P | 2016-01-01 | 2017-01-01 | $1,507 | -$1,507 | -$1,507 | |
| 80000 General Electric 5.625% | P | 2016-01-01 | 2017-09-15 | $79,730 | $270 | $270 | $80,000 |
| Home Depot Inc 2.25% | P | 2016-01-01 | 2017-01-01 | $602 | -$602 | -$602 | |
| Intel 3.3% | P | 2016-01-01 | 2017-01-01 | $621 | -$621 | -$621 | |
| 100000 Laboratory Corp 2.2% | P | 2016-01-01 | 2017-08-23 | $100,638 | -$638 | -$638 | $100,000 |
| Nike 2.25% | P | 2016-01-01 | 2017-01-01 | $8 | -$8 | -$8 | |
| Smucker J M Co 3.5% | P | 2016-01-01 | 2017-01-01 | $815 | -$815 | -$815 | |
| 100000 Thermo Fisher Scientific 1.85% | P | 2016-01-01 | 2017-03-22 | $100,395 | $119 | $119 | $100,514 |
| Transcanada Corp 3.8% | P | 2016-01-01 | 2017-01-01 | $1,932 | -$1,932 | -$1,932 | |
| 1400 Ishares MBS | P | 2016-01-01 | 2017-05-23 | $149,326 | $772 | $772 | $150,098 |
| 975 Ishares Intermediate Credit Bond | P | 2016-01-01 | 2017-05-02 | $105,119 | $1,617 | $1,617 | $106,736 |
| 3050 Ishares U.S. Preferred Stock ETF | P | 2016-01-01 | 2017-02-07 | $117,845 | -$1,871 | -$1,871 | $115,974 |
| 4500 ETF SPDR Bloomberg Barclays High Yield Bond | P | 2016-01-01 | 2017-02-07 | $167,157 | -$1,673 | -$1,673 | $165,484 |
| 1800 Vanguard Short-term Corporate Bond | P | 2016-01-01 | 2017-02-07 | $142,583 | $433 | $433 | $143,016 |
| 10450 Franklin International Smaller Companies | P | 2016-01-01 | 2017-02-03 | $152,244 | $27,175 | $27,175 | $179,419 |
| 11510 Johcm International Select Fund | P | 2016-01-01 | 2017-01-01 | $232,899 | $16,130 | $16,130 | $249,029 |
| 5092 MFS New Discovery Value Fund | P | 2016-01-01 | 2017-01-01 | $67,646 | $7,751 | $7,751 | $75,397 |
| 25714 Ridgeworth Classic SEIX Floating Rate High Income Fund | P | 2016-01-01 | 2017-01-01 | $225,000 | -$334 | -$334 | $224,666 |
| 1676 Virtus Classic SEIX Floating Rate High Income Fund | P | 2016-01-01 | 2017-07-27 | $14,666 | -$16 | -$16 | $14,650 |
| 374 Ishares Russell Midcap Value | P | 2016-01-01 | 2017-01-01 | $30,888 | $793 | $793 | $31,681 |
| 357 Ishares Russell Midcap Growth | P | 2016-01-01 | 2017-01-01 | $16,190 | $22,188 | $22,188 | $38,378 |
| 31835 Vanguard FTSE Developed Markets | P | 2016-01-01 | 2017-02-07 | $1,204,539 | $4,369 | $4,369 | $1,208,908 |
| 14000 Vanguard FTSE Emerging Markets | P | 2016-01-01 | 2017-02-07 | $574,811 | -$42,610 | -$42,610 | $532,201 |
| 3819 Vanguard Intl Equity Index Fds All World EX US | P | 2016-01-01 | 2017-09-25 | $176,323 | $25,068 | $25,068 | $201,391 |
| 1420 Vanguard Index FDS REIT | P | 2016-01-01 | 2017-01-01 | $77,907 | $39,179 | $39,179 | $117,086 |
| 152 Allergan PLC | P | 2016-01-01 | 2017-01-01 | $35,169 | -$3,899 | -$3,899 | $31,270 |
| 685 AMC Networks Inc | P | 2016-01-01 | 2017-01-01 | $38,596 | $2,184 | $2,184 | $40,780 |
| 611 Amgen Inc. | P | 2016-01-01 | 2017-01-01 | $42,451 | $63,778 | $63,778 | $106,229 |
| 1042 Apple Inc | P | 2016-01-01 | 2017-01-01 | $34,569 | $118,926 | $118,926 | $153,495 |
| 2378 Bank of America Corp | P | 2016-01-01 | 2017-01-01 | $55,419 | $3,809 | $3,809 | $59,228 |
| 282 Blackrock Inc. | P | 2016-01-01 | 2017-01-01 | $51,576 | $64,934 | $64,934 | $116,510 |
| 197 Brighthouse Finl Inc | P | 2016-01-01 | 2017-01-01 | $10,073 | $1,276 | $1,276 | $11,349 |
| 472 Celgene Corp | P | 2016-01-01 | 2017-01-01 | $29,582 | $37,540 | $37,540 | $67,122 |
| 777 Chubb Corp | P | 2016-01-01 | 2017-01-01 | $90,844 | $18,209 | $18,209 | $109,053 |
| 379 Cummins Inc | P | 2016-01-01 | 2017-01-01 | $55,658 | $6,826 | $6,826 | $62,484 |
| 1878 CVS Health Corporation | P | 2016-01-01 | 2017-01-01 | $181,778 | -$34,343 | -$34,343 | $147,435 |
| 699 Danaher Corp | P | 2016-01-01 | 2017-01-01 | $27,775 | $32,124 | $32,124 | $59,899 |
| 1766 Delta Air Lines Inc | P | 2016-01-01 | 2017-01-01 | $70,407 | $17,850 | $17,850 | $88,257 |
| 638 Dish Network Corp | P | 2016-01-01 | 2017-09-25 | $39,563 | -$5,593 | -$5,593 | $33,970 |
| 503 Disney Walt Co | P | 2016-01-01 | 2017-01-01 | $24,870 | $25,431 | $25,431 | $50,301 |
| 544 Dominion Energy, Inc | P | 2016-01-01 | 2017-09-25 | $31,076 | $11,021 | $11,021 | $42,097 |
| 800 Equifax Inc | P | 2016-01-01 | 2017-01-01 | $107,313 | -$18,329 | -$18,329 | $88,984 |
| 646 Exxon Mobil Corp | P | 2016-01-01 | 2017-01-01 | $46,153 | $5,697 | $5,697 | $51,850 |
| 976 Facebook Inc | P | 2016-01-01 | 2017-01-01 | $72,930 | $83,989 | $83,989 | $156,919 |
| 677 FMC Corp | P | 2016-01-01 | 2017-01-01 | $40,981 | $16,033 | $16,033 | $57,014 |
| 462 Fortive Corp | P | 2016-01-01 | 2017-01-01 | $26,032 | $5,289 | $5,289 | $31,321 |
| 1737 General Mills | P | 2016-01-01 | 2017-01-01 | $70,395 | $21,972 | $21,972 | $92,367 |
| 1934 Gilead Sciences Inc | P | 2016-01-01 | 2017-01-01 | $150,874 | -$4,627 | -$4,627 | $146,247 |
| 58 Alphabet Inc | P | 2016-01-01 | 2017-09-25 | $22,690 | $32,441 | $32,441 | $55,131 |
| 912 Halliburton Co | P | 2016-01-01 | 2017-01-01 | $42,304 | -$2,711 | -$2,711 | $39,593 |
| 548 Home Depot Inc | P | 2016-01-01 | 2017-01-01 | $71,340 | $9,801 | $9,801 | $81,141 |
| 1992 Juniper Networks Inc | P | 2016-01-01 | 2017-01-01 | $59,406 | -$3,293 | -$3,293 | $56,113 |
| 2657 LKQ Corp | P | 2016-01-01 | 2017-01-01 | $71,092 | $18,465 | $18,465 | $89,557 |
| 1200 Lilly Eli & Co | P | 2016-01-01 | 2017-01-01 | $47,041 | $50,104 | $50,104 | $97,145 |
| 1085 Lyondellbasell Industries | P | 2016-01-01 | 2017-01-01 | $115,168 | -$11,892 | -$11,892 | $103,276 |
| 587 Marathon Pete Corp | P | 2016-01-01 | 2017-01-01 | $28,435 | $3,680 | $3,680 | $32,115 |
| 725 McCormick & Co Inc | P | 2016-01-01 | 2017-01-01 | $59,454 | $10,993 | $10,993 | $70,447 |
| 1748 Metlife Inc | P | 2016-01-01 | 2017-01-01 | $75,890 | $13,195 | $13,195 | $89,085 |
| 1813 Micron Technology Inc | P | 2016-01-01 | 2017-01-01 | $44,314 | $19,658 | $19,658 | $63,972 |
| 1793 Microsoft Corp | P | 2016-01-01 | 2017-01-01 | $94,525 | $35,446 | $35,446 | $129,971 |
| 373 Nextera Energy | P | 2016-01-01 | 2017-01-01 | $24,030 | $29,750 | $29,750 | $53,780 |
| 827 Novartis AG Sponsored ADR | P | 2016-01-01 | 2017-01-01 | $45,692 | $20,651 | $20,651 | $66,343 |
| 738 Occidental Pete Corp | P | 2016-01-01 | 2017-01-01 | $73,040 | -$26,261 | -$26,261 | $46,779 |
| 1273 Palo Alto Networks Inc | P | 2016-01-01 | 2017-01-01 | $105,078 | $64,337 | $64,337 | $169,415 |
| 1839 Pfizer Inc | P | 2016-01-01 | 2017-01-01 | $39,014 | $25,500 | $25,500 | $64,514 |
| 47 Priceline GRP Inc | P | 2016-01-01 | 2017-01-01 | $63,179 | $18,607 | $18,607 | $81,786 |
| 1172 Procter & Gamble | P | 2016-01-01 | 2017-01-01 | $93,417 | $12,639 | $12,639 | $106,056 |
| 3268 Qualcomm Inc | P | 2016-01-01 | 2017-01-01 | $193,025 | -$6,348 | -$6,348 | $186,677 |
| 1316 Quanta Svcs Inc | P | 2016-01-01 | 2017-01-01 | $48,184 | $159 | $159 | $48,343 |
| 997 Schlumberger LTD | P | 2016-01-01 | 2017-01-01 | $74,810 | -$6,948 | -$6,948 | $67,862 |
| 1335 State Street Corp | P | 2016-01-01 | 2017-01-01 | $53,591 | $65,233 | $65,233 | $118,824 |
| 999 TJX Cos Inc | P | 2016-01-01 | 2017-01-01 | $24,746 | $48,242 | $48,242 | $72,988 |
| 348 T Mobile US Inc | P | 2016-01-01 | 2017-09-25 | $22,961 | -$883 | -$883 | $22,078 |
| 1106 Trimble Inc | P | 2016-01-01 | 2017-01-01 | $38,092 | $5,250 | $5,250 | $43,342 |
| 707 Union Pacific Corp | P | 2016-01-01 | 2017-01-01 | $31,791 | $48,538 | $48,538 | $80,329 |
| 800 Valero Energy Corp | P | 2016-01-01 | 2017-01-01 | $48,726 | $8,805 | $8,805 | $57,531 |
| 1317 Verizon Communications | P | 2016-01-01 | 2017-09-25 | $41,723 | $22,710 | $22,710 | $64,433 |
| 1204 Visa Inc | P | 2016-01-01 | 2017-01-01 | $62,693 | $58,117 | $58,117 | $120,810 |
| 887 Voya Finl Inc | P | 2016-01-01 | 2017-09-25 | $36,728 | -$2,143 | -$2,143 | $34,585 |
| 2838 Wells Fargo & Co | P | 2016-01-01 | 2017-01-01 | $101,599 | $55,260 | $55,260 | $156,859 |
| 962 YUM Brands | P | 2016-01-01 | 2017-01-01 | $44,726 | $27,978 | $27,978 | $72,704 |
| 1151 YUM China Hldgs Inc | P | 2016-01-01 | 2017-02-07 | $17,134 | $15,693 | $15,693 | $32,827 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,532,319 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,217,974 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $25,839,763 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.08584 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,995,248 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $22,713,843 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.08784 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,155,446 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $15,393,921 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.07506 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,373,983 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $15,559,213 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.08831 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,218,550 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $15,564,412 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.07829 | DistributionYr5Rt |
| Total Distribution | 0.415336 | TotalDistributionRt |
| Average Distribution | 0.083067 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $28,648,766 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,379,767 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $20,712 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,400,479 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,412,736 | 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 | $20,712 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $20,712 | SubtotalAmt |
| Tax Based On Investment Income | $20,712 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $48,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $48,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $27,288 | OverpaymentAmt |
| Applied To ES Tax | $27,288 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| 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 | BERKSHIREBANK.COM | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LORI GAZZILLO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4132363733 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 WEST STREET | AddressLine1Txt |
| City | PITTSFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01201 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| MICHAEL J FERRY | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Chairman | 0.00 | $0 |
| CATHERINE B MILLER | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | VICE CHAIRMAN | 0.00 | $0 |
| LORI GAZZILLO | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Secretary | 40.00 | $176,846 |
| J WILLIAR DUNLAEVY | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Director | 0.00 | $0 |
| MICHAEL P DALY | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Vice President | 0.00 | $0 |
| JAMES MOSES | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Treasurer | 0.00 | $0 |
| SEAN A GRAY | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Director | 0.00 | $0 |
| D JEFFREY TEMPLETON | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Director | 0.00 | $0 |
| ROBERT M CURLEY | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Director | 0.00 | $0 |
| LINDA A JOHNSTON | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Director | 0.00 | $0 |
| THOMAS R BARNEY | ||||||
| 66 WEST STREET | PITTSFIELD | MA | 01201 | Director | 0.00 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY LEVANTE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 WEST STREET | AddressLine1Txt |
| City | PITTSFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | AVP COMM ENGAGE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $66,577 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERKSHIRE BANK INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1308 | AddressLine1Txt |
| City | PITTSFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CUSTODIAL / ADVISOR | ServiceTypeTxt |
| Compensation | $471,706 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $28,080,170 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $967,679 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $37,193 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,085,042 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $29,085,042 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $436,276 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,648,766 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,432,438 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,432,438 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $20,712 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $20,712 | TotalTaxAmt |
| Distributable Before Adj | $1,411,726 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,411,726 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,411,726 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,412,736 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,412,736 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $20,712 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,392,024 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,411,726 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $461,361 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $627,712 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $410,384 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $888,178 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,021,934 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,409,569 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,412,736 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,411,726 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,001,010 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,410,579 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $461,361 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,949,218 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $627,712 | ExcessFromYear4Amt |
| Excess From Year3 | $410,384 | ExcessFromYear3Amt |
| Excess From Year2 | $888,178 | ExcessFromYear2Amt |
| Excess From Year1 | $1,021,934 | ExcessFromYear1Amt |
| Excess From Current Year | $1,001,010 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LORI GAZZILLO EXECUTIVE DIRECTOR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 WEST STREET PO BOX 1308 | AddressLine1Txt |
| City | PITTSFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4134471722 | RecipientPhoneNum |
| Recipient Email Address | LGAZZILLO@BERKSHIREBANK.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | WRITTEN APPLICATION INCLUDING IRS DETERMINATION LETTER OF 501(C)(3) STATUS, CURRENT BOARD LIST, BOARD APPROVED OPERATING BUDGET AND MOST RECENT ANNUAL REPORT, FORM 990 AND FINANCIAL AUDIT REPORT. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | 15TH OF DECEMBER, MARCH, JUNE AND SEPTEMBER. | SubmissionDeadlinesTxt |
| Restrictions On Awards | ONLY TAX EXEMPT ORGANIZATION THAT QUALIFY AS A SECTION 501(C)(3) PUBLIC CHARITY. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED LISTING | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | PITTSFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | N/A | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED LISTING | GrantOrContributionPurposeTxt |
| Amt | $1,993,497 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,993,497 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED LISTING | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | PITTSFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | N/A | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED LISTING | GrantOrContributionPurposeTxt |
| Amt | $448,737 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $448,737 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $674,202 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,532,319 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,206,521 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,206,521 | TotalIncomeProducingActyAmt |
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 | Audit | CategoryTxt |
| Amt | $13,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $13,500 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENTS IN MARKETABLE SECURITIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $23,178,540 | BookValueAmt |
| EOYFMV | $28,315,764 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | EOYFMVEOYFMVAmt | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|---|
| accrued income | $64,556 | ||
| Accrued income | $54,325 | $64,556 | |
| Collection - Popcorn Wagon | $37,193 | $37,193 | |
| COLLECTION - POPCORN WAGON | $37,193 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Filing fees | $269 | $269 |
| Management fees | $160,586 | $160,586 |
| Marketing | $1,815 | $1,815 |
| Membership fees | $500 | $500 |
| Office expense | $7,515 | $7,515 |
| Special projects expense | $13,092 | $13,092 |
| Travel | $14,918 | $14,918 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Bookkeeping | $9,014 | $0 | $0 | $9,014 |
| Investment fees | $134,274 | $134,274 | $0 | $0 |
| Other professional fees | $21,184 | $0 | $0 | $21,184 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal excise tax | $20,515 | |
| Foreign taxes | $1,023 | $1,023 |
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