2018-05-14T09:40:47-05:00 2017-12-31 042917204 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2017-01-01 043266789 FOUNDATION FOR METROWEST INC FOUN 5086472260 3 ELIOT STREET NATICK MA 01760 GARRY HOLMES CHAIRMAN 5086472260 2018-04-11 1 RICHARD B DIONNE P00142882 9784522500 2018-04-11 2017 2022-09-23 18:48:47Z JUDITH SALERNO 3 ELIOT STREET NATICK MA 01760 9239659 0 X WWW.FOUNDATIONFORMETROWEST.ORG X 1995 MA 7THE FOUNDATION FOR METROWEST CONNECTS PHILANTHROPIC OPPORTUNITY WITH DEMONSTRATED NEED IN METROWEST. WE PROMOTE PHILNTHROPY IN THE REGION, HELP DONORS MAXIMIZE THE IMPACT OF THEIR LOCAL GIVING, SERVE AS A RESOURCE FOR LOCAL NON-PROFIT ORGANIZATIONS, AND ENHANCE THE QUALITY OF LIFE FOR ALL OF OUR CITIZENS. 20 20 15 60 0 0 3548501 4899074 54683 13525 63306 623061 -54593 -32559 3611897 5503101 1158978 1240893 0 0 718633 914818 0 0 602799 370602 577156 2248213 2732867 1363684 2770234 18155328 22989071 595003 965267 17560325 22023804 X THE FOUNDATION FOR METROWEST CONNECTS PHILANTHROPIC OPPORTUNITY WITH DEMONSTRATED NEED IN METROWEST. WE PROMOTE PHILANTHROPY IN THE REGION, HELP DONORS MAXIMIZE THE IMPACT OF THEIR LOCAL GIVING, SERVE AS A RESOURCE FOR LOCAL NON-PROFIT ORGANIZATIONS, AND ENHANCE THE QUALITY OF LIFE FOR ALL OF OUR CITIZENS. 0 0 1781520 1240893 13525 TO ATTRACT FUNDS TO DISTRIBUTE GRANTS AND LOANS TO LOCAL AGENCIES BY CREATING AWARENESS AMONG COMMUNITY BUSINESSES AND THE GENERAL PUBLIC FOR CHARITABLE GIVING 1781520 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 15 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X X THE ORGANIZATION 5086472260 3 ELIOT STREET NATICK MA 01760 JERRY ASHCROFT TRUSTEE 5.00 X 0 0 0 GARRY HOLMES TRUSTEE 5.00 X 0 0 0 DAVID SHUMAN VICE CHAIRMAN 5.00 X X 0 0 0 ANDREA SUSSMAN TRUSTEE 5.00 X 0 0 0 DAVID BANNON TRUSTEE 5.00 X 0 0 0 TOM CROTTY TRUSTEE 5.00 X 0 0 0 SUSAN ELLIOTT TREASURER 5.00 X X 0 0 0 PATTY GANNON TRUSTEE 5.00 X 0 0 0 JAMES HANRAHAN SECRETARY 5.00 X X 0 0 0 PAMELA LESSER TRUSTEE 5.00 X 0 0 0 JOHN J O'NEIL III CHAIRMAN 5.00 X X 0 0 0 SUSAN KAVOOGIAN TRUSTEE 5.00 X 0 0 0 MARGARET RAMSEY TRUSTEE 5.00 X 0 0 0 KYLE SCHAFFER TRUSTEE 5.00 X 0 0 0 JOHN STEIGER TRUSTEE 5.00 X 0 0 0 ROBERT A VIGODA TRUSTEE 5.00 X 0 0 0 KENNETH VONA FORMER TRUSTEE 5.00 X 0 0 0 LOUIS CROSIER TRUSTEE 5.00 X 0 0 0 PAUL GRIFFIN TRUSTEE 5.00 X 0 0 0 ROLAND HOCH TRUSTEE 5.00 X 0 0 0 MICHAEL MCAULIFFE TRUSTEE 5.00 X 0 0 0 TIM KING TRUSTEE 5.00 X 0 0 0 JUDITH SALERNO EXECUTIVE DIRECTOR 40.00 X 165000 0 20436 165000 0 20436 1 0 1 0 0 388087 4510987 511694 4899074 ADMINISTRATIVE FEE REVENUE 523000 6913 6913 WORKSHOPS 900099 6612 6612 13525 376015 376015 3915615 3668569 247046 247046 247046 35430 388087 67989 -32559 -32559 5503101 13525 0 590502 1222493 1222493 18400 18400 185436 92718 92718 608884 341267 99668 167949 8659 3647 2984 2028 49681 28010 8033 13638 62158 27410 14632 20116 31572 31572 102239 102239 134753 51690 83063 21903 8184 7713 6006 7766 7766 59430 24551 16861 18018 4014 1770 945 1299 8349 8349 2837 2837 2133 2133 DEVELOPMENT EXPENSES 169524 169524 MISCELLANEOUS 17257 3549 8526 5182 SPECIAL EVENTS - OTHER 4611 4611 DUES & SUBSCRIPTIONS 4481 4481 6287 3755 2532 2732867 1781520 348548 602799 1025323 654227 524141 730400 2286899 2907027 8821 9378 110477 103236 10078 7241 14300066 18438717 0 242081 18155328 22989071 10680 33500 0 561503 954587 595003 965267 X 11929729 15518192 4003961 4878977 1626635 1626635 17560325 22023804 18155328 22989071 X 2770234 1749898 -56653 X 0 1 X 1 0 X 2179758 2973546 2761066 3548501 4899074 16361945 2179758 2973546 2761066 3548501 4899074 16361945 3700374 12661571 211949 315398 265707 323804 376015 1492873 17854818 71431 0.70910 0.69880 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: CASH DATE: 07/24/20 AMOUNT: 1000000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49 666006 783802 5357091 1 1 11148674 1978534 1633029 498309 370871 13891057 8037701 1237416 581965 222724 -1514316 11148674 6197254 2383984 -150815 483616 -90894 8037701 6217342 184727 186724 184630 206909 6197254 5319410 254910 543963 93929 -192988 6217342 0.74250 0.11710 0.14040 0 0 110477 103236 7241 7241 AGENCY ENDOWMENTS 712506 OPERATING LEASE LIABILITY 242081 954587 X 7261138 1749898 67989 1817887 5443251 59850 59850 5503101 2797659 67989 67989 2729670 3197 3197 2732867 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR MAKING GRANTS TO OTHER NON-PROFIT ORGANIZATIONS WHICH SUPPORT THE NEEDS OF THE METROWEST COMMUNITY. PART X, LINE 2: THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY FASB ASC 740-10, INCOME TAXES, TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE. THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES NETTED AGAINST EVENT REVENUES 67,989. PART XI, LINE 4B - OTHER ADJUSTMENTS: GIFTS TO AGENCY ENDOWMENT FUNDS 59,850. PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES NETTED AGAINST EVENT REVENUES 67,989. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS FROM AGENCY ENDOWMENT FUNDS 3,197. SPRING INSPIRATIONAL EVENT 184842 173473 11369 11369 11648 COMMUNITY LEADERSHIP BREAKFAST 238675 214614 24061 24061 20911 423517 388087 35430 35430 32559 67989 -32559 1 A PLACE TO TURN 99 HARTFORD STREET NATICK MA 01760 042790777 501(C)(3) 10500 METROWEST HUNGER RELIEF GRANT;YOUTH DEVELOPMENT GRANT; FOOD AND PROGRAM SUPPORT AMAZING THINGS ART CENTER 160 HOLLIS STREET FRAMINGHAM MA 01702 201332310 501(C)(3) 6000 ARTS & CULTURE GRANT - PROGRAM SUPPORT BABSON COLLEGE OFFICE OF ADVANCEMENT BABSON COLLEGE BABSON PARK MA 02457 042103544 501(C)(3) 10000 YOUTH DEVELOPMENT GRANT - PROGRAM SUPPORT BETHANY HILL PLACE 89 BETHANY ROAD FRAMINGHAM MA 01702 042493492 501(C)(3) 20500 FAMILY SUPPORT GRANT - PROGRAM SUPPORT CALIFORNIA COLLEGIATE CHARTER SCHOOL 2139 CLINTON STREET LOS ANGELES CA 90026 474047034 501(C)(3) 25000 ENGLISH FUND TO CALIFORNIA COLLEGIATE CHARTER SCHOOL - PROGRAM SUPPORT FAMILY PROMISE 15 KEANE ROAD NATICK MA 01760 205963640 501(C)(3) 10000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT FIRST PARISH WAYLAND 50 COCHITUATE ROAD WAYLAND MA 01778 042103733 501(C)(3) 12171 THOMPSON FAMILY FUND TO FIRST PARISH WAYLAND - PROGRAM SUPPORT FRAMINGHAM ADULT ESL PROGRAM FUND PO BOX 351 NATICK MA 01760 043266789 501(C)(3) 52274 METROWEST ESL FUND - PROGRAM SUPPORT FRIENDS OF THE SOUTHBOROUGH YOUTH COMMISSION 17 COMMON STREET SOUTHBOROUGH MA 01772 048102730 501(C)(3) 27240 SOUTHBOROUGH COMMUNITY FUND - PROGRAM SUPPORT FRIENDS OF THE WALTHAM FAMILY SCHOOL 510 MOODY STREET WALTHAM MA 02453 462772840 501(C)(3) 9000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT FRIENDS OF WELLESLEY COUNCIL ON AGING 219 WASHINGTON STREET WELLESLEY HILLS MA 02481 462371545 501(C)(3) 55780 NEW ERA FUND - PROGRAM SUPPORT FROM THE TOP 295 HUNTINGTON AVENUE STE 201 BOSTON MA 02115 043583756 501(C)(3) 18750 PATTILLO MAGPIE FUND - PROGRAM SUPPORT GAINING GROUND INC PO BOX 374 CONCORD MA 01742 043083976 501(C)(3) 5500 MWHRF - PROGRAM SUPPORT GOODNOW LIBRARY FOUNDATION 21 CONCORD ROAD SUDBURY MA 01776 043026646 501(C)(3) 20000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT GREATER HOUSTON COMMUNITY FOUNDATION 5120 WOODWAY DRIVE SUITE 6000 HOUSTON TX 77056 237160400 501(C)(3) 13500 KENNEY FAMILY FUND - PROGRAM SUPPORT HABITAT FOR HUMANITY 11 DISTRIBUTOR RD WORCESTER MA 01605 222583590 501(C)(3) 10000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT HOLLISTON PANTRY SHELF 23 WATER STREET HOLLISTON MA 01746 043303944 501(C)(3) 5500 METROWEST HUNGER RELIEF FUND CAPACITY GRANT - PROGRAM SUPPORT HOPE AND COMFORT INC PO BOX 241 NEWTON MA 02464 451329518 501(C)(3) 10000 YOUTH IN PHILANTHROPY - PROGRAM SUPPORT HOPE WORLDWIDE NEW ENGLAND INC 214 CONCORD ST FRAMINGHAM MA 01702 043148787 501(C)(3) 9500 FRAMINGHAM FOOD BANK - PROGRAM SUPPORT HOPKINTON CENTER FOR THE ARTS 98 HAYDEN ROWE HOPKINTON MA 01748 272588125 501(C)(3) 6000 ARTS & CULTURE GRANT - PROGRAM SUPPORT JEWISH FAMILY SERVICE OF METROWEST 475 FRANKLIN STREET SUITE 101 FRAMINGHAM MA 017026265 042730898 501(C)(3) 43000 METROWEST HUNGER RELIEF GRANT; FAMILY SUPPORT GRANT; FOOD AND PROGRAM SUPPORT LEXINGTON YOUTH AND FAMILY SERVICES INC 7 HARRINGTON RD LEXINGTON MA 02421 263202150 501(C)(3) 8000 CEL TO LEXINGTON YOUTH AND FAMILY SERVICES - PROGRAM SUPPORT MASSACHUSETTS ALLIANCE OF PORTUGESE SPEAKERS 1046 CAMBRIDGE ST CAMBRIDGE MA 02139 042596270 501(C)(3) 6900 FAMILY SUPPORT GRANT - PROGRAM SUPPORT MASSACHUSETTS AUDUBON SOCIETY 208 SOUTH GREAT ROAD LINCOLN MA 01773 042104702 501(C)(3) 6000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT MASSACHUSETTS RIVERS ALLIANCE 14 BEACON ST SUITE 607 BOSTON MA 02108 208387704 501(C)(3) 6000 METROWEST ENVIRONMENTAL GRANT FUND - PROGRAM SUPPORT MEDWAY VILLAGE FOOD PANTRY 170 VILLAGE STREET MEDWAY MA 02053 6000 HUNGER RELIEF FUND CAPACITY GRANT - PROGRAM SUPPORT METROWEST LEGAL SERVICES INC 63 FOUNTAIN STREET SUITE 304 FRAMINGHAM MA 01702 043177488 501(C)(3) 25000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT METROWEST MEDIATION SERVICES 600 CONCORD STREET FRAMINGHAM MA 01702 042710084 501(C)(3) 8500 FAMILY SUPPORT GRANT - PROGRAM SUPPORT MINUTEMAN SENIOR SERVICES 26 CROSBY DRIVE BEDFORD MA 01730 042587212 501(C)(3) 14500 METROWEST HUNGER RELIEF FUND - PROGRAM SUPPORT MORE THAN WORDS 376 MOODY ST WALTHAM MA 02453 042784985 501(C)(3) 5500 ROSS GEORGE FUND - PROGRAM SUPPORT NATICK HIGH SCHOOL 15 WEST STREET NATICK MA 01760 043164739 8700 PROGRAM SUPPORT NATICK SERVICE COUNCIL INC 2 WEBSTER STREET NATICK MA 01760 042433772 501(C)(3) 22250 METROWEST HUNGER RELIEF GRANT; FAMILY SUPPORT GRANT; FOOD AND PROGRAM SUPPORT NATIONAL ALLIANCE FOR THE MENTALLY ILL OF MASSACHUSETTS 400 WEST CUMMINGS PARK WOBURN MA 01801 042777012 501(C)(3) 10000 FAMILY SUPPORT GRANT OARS INC 23 BRADFORD ST CONCORD MA 01742 042963426 501(C)(3) 6000 METROWEST ENVIRONMENTAL GRANT - PROGRAM SUPPORT ONE FAMILY INC 800 SOUTH STREET WALTHAM MA 02453 542076936 501(C)(3) 10000 FAMILY SUPPORT GRANT OPENTABLE INC PO BOX 42 CONCORD MA 01742 043048933 501(C)(3) 14500 PROGRAM SUPPORT OUT METROWEST INC PO BOX 2122 FRAMIINGHAM MA 01703 465712986 501(C)(3) 9025 FAMILY SUPPORT GRANT; FUND FOR WELLESLEY GRANTS; PROGRAM SUPPORT REACH BEYOND DOMESTIC VIOLENCE PO BOX 540024 WALTHAM MA 02454 042735449 501(C)(3) 25600 FAMILY SUPPORT GRANT - PROGRAM SUPPORT SALVATION ARMY - WALTHAM CORPS 33 MYRTLE AVE WALTHAM MA 02454 135562351 501(C)(3) 15000 YOUTH IN PHILANTHROPY GRANT MAKING SMOC 7 BISHOP STREET FRAMIINGHAM MA 01702 042389659 501(C)(3) 10000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT SOUTHBOROUGH HISTORICAL SOCIETY PO BOX 364 SOUTHBOROUGH MA 01772 237131696 501(C)(3) 10000 SOUTHBOROUGH COMMUNITY FUND - PROGRAM SUPPORT SUDBURY COMMUNITY FOOD PANTRY PO BOX 751 SUDBURY MA 01776 043237546 501(C)(3) 6500 METROWEST HUNGER RELIEF GRANT - FOOD SUPPORT SUDBURY HISTORICAL SOCIETY 322 CONCORD ROAD SUDBURY MA 01776 046193032 501(C)(3) 15000 ARTS AND CULTURE GRANT THE DISCOVERY MUSEUMS 177 MAIN STREET ACTON MA 01720 042741645 501(C)(3) 15618 ARTS & CULTURE GRANT; YOUTH DEVELOPMENT GRANT; PROGRAM SUPPORT THE SECOND STEP PO BOX 600213 NEWTONVILLE MA 02460 222868513 501(C)(3) 10000 FAMILY SUPPORT GRANT THRIVE SUPPORT AND ADVOCACY 65 BOSTON POST ROAD MARLBOROUGH MA 01752 042532990 501(C)(3) 11600 HUMAN SERVICE UNCOMMON SCHOOLS 827 BROADWAY 9TH FLOOR NEW YORK NY 10003 311488698 501(C)(3) 10000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT WALNUT HILL SCHOOL 12 HIGHLAND STREET NATICK MA 01760 042103636 501(C)(3) 125000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT WATCH INC 24 CRESCENT STREET WALTHAM MA 02453 222918528 501(C)(3) 10000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT WAYPOINT ADVENTURE 453 CONCORD AVE LEXINGTON MA 02421 273045996 501(C)(3) 15000 FAMILY SUPPORT GRANT - PROGRAM SUPPORT FRIENDS OF WELLESLEY COUNCIL ON AGING 219 WASHINGTON STREET WELLESLEY MA 02482 462371545 501(C)(3) 16639 THE FUND FOR WELLESLY GRANT - PROGRAM SUPPORT WELLESLEY YOUTH COMMISSION 219 WASHINGTON STREET WELLESLEY MA 02481 10000 A PATH IN THE WOODS FUND GRANT - PROGRAM SUPPORT PROJECT CITIZENSHIP 4 FANUEIL SOUTH MARKET BUILDING SUITE 4025 BOSTON MA 02109 371769643 501(C)(3) 5500 FAMILY SUPPORT GRANT - PROGRAM SUPPORT ACTON COMMUNITY SUPPER AND FOOD PANTRY PO BOX 2098 ACTON MA 01720 222569027 501(C)(3) 7000 HUNGER RELIEF GRANT - PROGRAM SUPPORT CHARLES RIVER WATERSHED ASSOCIATION 190 PARK ROAD WESTON MA 02493 046136989 501(C)(3) 6000 ENVIRONMENTAL GRANT - PROGRAM SUPPORT 52 3 SCHOLARSHIPS 12 18400 PART I, LINE 2: GRANTEES ARE REQUIRED TO REPORT GRANT PROGRAM RESULTS TO THE COMMUNITY FOUNDATION WITHIN EIGHT MONTHS OF RECEIVING THEIR GRANTS. X 0 0 0 0 0 0 0 0 0 JUDITH SALERNO EXECUTIVE DIRECTOR 165000 0 0 0 0 0 0 0 20436 0 185436 0 0 0 X 14 511694 QUOTED STOCK PRICE 0 1 1 PART I, LINE 32B: STOCK CONTRIBUTIONS ARE SOLD BY INVESTMENT MANAGERS IMMEDIATELY UPON NOTIFICATION OF RECEIPT THEN THEY ARE REINVESTED IN ACCORDANCE WITH THE FOUNDATION'S INVESTMENT POLICY. FORM 990, PART VI, SECTION A, LINE 2 TOM CROTTY AND DAVID BANNON HAVE A BUSINESS RELATIONSHIP. MICHAEL MCAULIFFE IS THE PRESIDENT OF MIDDLESEX SAVINGS BANK AND HAS BUSINESS RELATIONSHIPS WITH JIM HANRAHAN, JOHN O'NEIL, SUSAN ELLIOT, GARRY HOLMES, AND DAVID BANNON. DAVID SHUMAN AND GARRY HOLMES HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE AUDIT COMMITTEE WITH THE AUDITORS, THEN COPIES ARE PROVIDED TO ALL TRUSTEES FOR REVIEW AT THE NEXT FULL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURES MUST BE SIGNED BY ALL STAFF, TRUSTEES AND COMMITTEE MEMBERS, DISCLOSURES ARE SENT TO ALL TRUSTEES AS PART OF THE ANNUAL AUDIT PROCESS, COMMITTEE MEMBERS RECEIVE DISCLOSURES FOLLOWING THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS DETERMINED BASED ON: 360 PERFORMANCE REVIEW CONTAINING FEEDBACK FROM STAFF, TRUSTEES AND INDEPENDENT PERSONS AND REVIEW OF OTHER LOCAL COMMUNITY FOUNDATION SALARIES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORMS 990 AND FORM 1023 ARE AVAILABLE ON THE ORGANIZATION'S WEB SITE, ON GUIDESTAR AND UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEB SITE. FORM 990, PART XI, LINE 9: NET AGENCY ENDOWMENT ACTIVITY -56,653.