BETA

AKAMAI FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
AKAMAI FOUNDATION INC (EIN 04-3530777)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-04-17
IRS object ID
201841079349100114
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-04-17T14:46:34-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043530777EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Akamai Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% NOELLE FARIS AKAMAI TECH IInCareOfNm
Business Name ControlAKAMBusinessNameControlTxt
Phone6174444676PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 broadwayAddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNOELLE FARISPersonNm
Person TitlepresidentPersonTitleTxt
Phone6174444676PhoneNum
Signature2018-04-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$212,940FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$33,168ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$731InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$731InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,318DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,318DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$147,369NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$519,409GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$147,369CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$184,586TotalRevAndExpnssAmt
Total Net Invst Incm$151,418TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$2,300TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$13,489OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$13,489OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$15,789TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$13,489TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$469,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$469,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$485,289TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$482,989TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$300,703ExcessRevenueOverExpensesAmt
Net Investment Income$151,418NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$53,240SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$122,298SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$122,298SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$425,633CorporateStockBOYAmt
Corporate Stock EOY$55,872CorporateStockEOYAmt
Corporate Stock EOYFMV$90,642CorporateStockEOYFMVAmt
Total Assets BOY$478,873TotalAssetsBOYAmt
Total Assets EOY$178,170TotalAssetsEOYAmt
Total Assets EOYFMV$212,940TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$478,873RetainedEarningBOYAmt
Retained Earning EOY$178,170RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$478,873TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$178,170TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$478,873TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$178,170TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$478,873TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$300,703ExcessRevenueOverExpensesAmt
Subtotal$178,170SubtotalAmt
Tot Net Ast Or Fund Balances EOY$178,170TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$519,409GrossSalesPriceAmt
Cost Or Other Basis$372,040CostOrOtherBasisAmt
Gain Or Loss$147,369GainOrLossAmt
Gains Minus Excess Or Losses$147,369GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$147,369CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$493,242AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$729,481NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.676155DistributionYr1Rt
Adjusted Qlfy Distri Yr2$493,564AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,121,329NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.44016DistributionYr2Rt
Adjusted Qlfy Distri Yr3$412,858AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,515,886NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.272354DistributionYr3Rt
Adjusted Qlfy Distri Yr4$380,471AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,716,710NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.221628DistributionYr4Rt
Adjusted Qlfy Distri Yr5$370,897AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,889,374NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.196307DistributionYr5Rt
Total Distribution1.806604TotalDistributionRt
Average Distribution0.361321AverageDistributionRt
Net Vl Noncharitable Assets$292,730NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$105,769AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,514NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$107,283AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$482,989QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,514InvestmentIncomeExciseTaxAmt
Subtotal$1,514SubtotalAmt
Tax Based On Investment Income$1,514TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,933EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,933TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$1,419OverpaymentAmt
Applied To ES Tax$1,419AppliedToESTaxAmt

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 EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
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 Line1NOELLE FARIS AKAMAI TECH INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6174444676PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1150 BROADWAYAddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
George Conrades
150 broadwayCambridgeMA02142Dir1.0$0$0$0
Noelle Faris
150 broadwayCambridgeMA02142Pres / Sec1.0$0$0$0
Jim Gemmel
150 broadwayCambridgeMA02142Dir1.0$0$0$0
F Thomson Leighton
150 broadwayCambridgeMA02142Dir1.0$0$0$0
Paul Sagan
150 broadwayCambridgeMA02142Dir1.0$0$0$0
Jonathan Seelig
150 broadwayCambridgeMA02142Dir / Treas1.0$0$0$0
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$143,964AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$153,224AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$297,188TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$297,188AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,458CashDeemedCharitableAmt
Net Vl Noncharitable Assets$292,730NetVlNoncharitableAssetsAmt
Minimum Investment Return$14,637MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$14,637MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,514TaxBasedOnInvestmentIncomeAmt
Total Tax$1,514TotalTaxAmt
Distributable Before Adj$13,123DistributableBeforeAdjAmt
Distributable Before Ded$13,123DistributableBeforeDedAmt
Distributable As Adjusted$13,123DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$482,989ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$482,989QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,514PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$481,475AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$13,123DistributableAsAdjustedAmt
Prior Year12015PriorYear1Yr
Prior Year22014PriorYear2Yr
Prior Year32013PriorYear3Yr
Excess Distribution Cyov Yr5$278,876ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$299,649ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$340,846ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$441,664ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$460,194ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,821,229TotalExcessDistributionCyovAmt
Qualifying Distributions$482,989QualifyingDistributionsAmt
Applied To Current Year$13,123AppliedToCurrentYearAmt
Remaining Distri From Corpus$469,866RemainingDistriFromCorpusAmt
Total Corpus$2,291,095TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$278,876ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,012,219ExcessDistriCyovToNextYrAmt
Excess From Year4$299,649ExcessFromYear4Amt
Excess From Year3$340,846ExcessFromYear3Amt
Excess From Year2$441,664ExcessFromYear2Amt
Excess From Year1$460,194ExcessFromYear1Amt
Excess From Current Year$469,866ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient Persongrant applications to noelle farisRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1c/o akamai tech 150 broadwayAddressLine1Txt
CitycambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd
FieldValueIRS element (for citing)
Recipient Email Addressnfaris@akamai.comRecipientEmailAddressTxt
Form And Info And Materialsa one page proposal for funding and any additional material the applicant deems important to review.FormAndInfoAndMaterialsTxt
Submission Deadlinesnovember 30th of each yearSubmissionDeadlinesTxt
Restrictions On Awardsn/aRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ADVANTAGE TESTING FOUNDATION INC
210 E 86TH STNEW YORKNY10028N/APCGeneral & Unrestricted$60,000
BRANDEIS UNIVERSITY
60 TURNER STWALTHAMMA02453N/APCApp Design Boot Camp Program$10,000
BROOKVIEW HOUSE INC
2 BROOKVIEW STDORCHESTERMA02124N/APCGeneral & Unrestricted$20,000
CAMBRIDGE PUBLIC SCHOOLS
159 THORNDIKE STCAMBRIDGEMA02141N/AGOVGeneral & Unrestricted$5,000
CENTER FOR EXCELLENCE IN EDUCATION
8201 GREENSBORO DR STE 215MCLEANVA22102N/APCGeneral & Unrestricted$25,000
COMMUNITY CHARTER SCHOOL OF CAMBRIDGE FOUNDATION I
245 BENT STCAMBRIDGEMA02141N/APCFirst Robotics Team Program$4,000
DIGITAL LITERACY PROJECT INC
59 SHEPARD ST BOX 276CAMBRIDGEMA02138N/APCGeneral & Unrestricted$5,000
GANN ACADEMY THE NEW JEWISH HIGH SCHOOL OF GREATER
333 FOREST STWALTHAMMA02452N/APCFirst Robotics Team Program$5,000
IT WOMEN FOUNDATION INC
841 HERITAGE DRWESTONFL33326N/APCScholarship Fund$5,000
MASSACHUSETTS INSTITUTE OF TECH
77 MASSACHUSETTS AVECAMBRIDGEMA02139N/APCGeneral & Unrestricted$25,000
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
600 MEMORIAL DR W98-200CAMBRIDGEMA02139N/APCCharitable Event$5,000
MATHEMATICAL ASSOCIATION OF AMERICA INCORPORATED
1529 18TH ST NWWASHINGTONDC20036N/APCGeneral & Unrestricted$174,500
MUSEUM OF SCIENCE
1 SCIENCE PARKBOSTONMA02114N/APCwomen and girls in STEM program$35,000
NORTH ANDOVER HIGH SCHOOL
430 OSGOOD STNORTH ANDOVERMA01845N/AGOVRobotics Team Program$1,000
THE ART OF PROBLEM SOLVING FOUNDATION
PO BOX 4499NEW YORKNY10163N/APCGeneral & Unrestricted$25,000
THE MATCH FOUNDATION INC
50 MILK STBOSTONMA02109N/APCGeneral & Unrestricted$45,000
UNITED STATES NAVAL ACADEMY FOUNDATION INC
USNAF GIFT PROCESSING 291 WOOD RDANNAPOLISMD21402N/APCGeneral & Unrestricted$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$469,500TotalGrantOrContriPdDurYrAmt

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$731ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,318ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$147,369ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$151,418ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$151,418TotalIncomeProducingActyAmt

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 PersonAkamai TechnologiesContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1c/o Noelle Faris 150 BroadwayAddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd
FieldValueIRS element (for citing)
Total Contributions$33,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOYFMVEOYFMVAmtEOY Book ValueEOYBookValueAmt
AKAMAI TECH COM STK$35,772
PIMCO TOTAL RETURN FUND$54,870$55,872

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationAs explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2017, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $469,500. This amount represents over 25% of the Foundation's net assets of $649,064 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2017. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$13,400$13,400
State or Local Filing Fees$89$89

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Estimated Tax for 2017CategoryTxt
Amt$2,300Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.