2018-11-15T10:17:53-06:00 2017-12-31 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2017-01-01 043485146 THE LENNY ZAKIM FUND C/O DLA PIPER LLP LENN 6174066036 33 ARCH STREET 26TH FLOOR BOSTON MA 021101447 JUDE GOLDMAN EXECUTIVE DIRECTOR 6174066036 2018-11-15 1 LYNNE JOHNSON P00757336 6179129000 108.171.131.187 2018-11-15 08:54:53 ES P 537009A0A005A6691AF8E3CD281085943AFA35D8 93DCBEFAA18E51E34D8F84E5D1CC4DB28D8C7E60 2017 2018-06-14 16:35:46Z JOE RODIO 33 ARCH STREET 26TH FLOOR BOSTON MA 021101447 2612016 0 X THELENNYZAKIMFUND.ORG X 1995 MA TO IDENTIFY, LISTEN TO, SUPPORT AND CONNECT GRASSROOTS COMMUNITY ORGANIZATIONS AND PROGRAMS OPERATING "BELOW THE RADAR SCREEN" OF LARGE CHARITABLE GROUPS AND GOVERNMENT GRANTS. 23 23 3 50 0 0 963702 1454291 0 0 211271 396608 -18403 -17613 1156570 1833286 591600 559275 0 0 196871 247035 0 0 70961 100186 112014 888657 918324 267913 914962 5476439 6700464 32486 32566 5443953 6667898 X THE LENNY ZAKIM FUND ("THE FUND") BELIEVES POSITIVE SOCIAL CHANGE CAN BE CREATED BY SMALL, EFFECTIVE, GRASSROOTS ORGANIZATIONS THAT ARE OFTEN OVERLOOKED BY LARGE FOUNDATIONS, GOVERNMENT AGENCIES, AND MAJOR DONORS. OUR MISSION IS TO IDENTIFY, LISTEN TO, SUPPORT AND CONNECT GRASSROOTS COMMUNITY ORGANIZATIONS AND PROGRAMS OPERATING "BELOW THE RADAR SCREEN" OF LARGE CHARITABLE GROUPS AND GOVERNMENT GRANTS. 0 0 740255 559275 THE FUND MAKES SMALL AND MEANINGFUL GRANTS TO SUPPORT SOME OF THE MOST AMAZING AND EFFECTIVE GRASSROOTS PROGRAMS IN THE STATE. THE FUND CONTINUALLY NURTURES THESE ORGANIZATIONS TOWARD GROWTH AND SUSTAINABILITY BY PROVIDING THE RESOURCES, TRAINING AND OTHER SUPPORTS THAT ARE OFTEN UNAVAILABLE TO SMALL ORGANIZATIONS, INCLUDING GRANTMAKING, TRAINING AND NETWORKING, COUNSELING AND ADVICE, PUBLICITY AND PRO-BONO LEGAL ASSISTANCE. 740255 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 3 1 0 0 0 0 0 1 1 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X JUDE GOLDMAN EXECUTIVE DIRECTOR 6174066036 33 ARCH STREET BOSTON MA 02110 MIKI AKIMOTO BOARD MEMBER (FROM DEC 2017) 1.00 X 0 0 0 JENNIFER WINN ARONSON BOARD MEMBER (UNTIL DEC 2017) 1.00 X 0 0 0 AMY BELKIN MOFENSON BOARD MEMBER (UNTIL DEC 2017) 1.00 X 0 0 0 MARY CARTY BOARD MEMBER 1.00 X 0 0 0 CLEMENTINA CHERY BOARD MEMBER (FROM DEC 2017) 1.00 X 0 0 0 GREGG CROTEAU BOARD MEMBER 1.00 X 0 0 0 YASMIN CRUZ BOARD MEMBER 2.00 X 0 0 0 BETH DILL TREASURER 1.00 X X 0 0 0 JANICE DITCHEK BOARD MEMBER 2.00 X 0 0 0 LISA GORDON SECRETARY 2.00 X 0 0 0 SUZI KAITZ VICE CHAIR 2.00 X X 0 0 0 CAREN KELLER BOARD MEMBER 1.00 X 0 0 0 SOFIA LINGOS PAPALIODIS BOARD MEMBER 1.00 X 0 0 0 CHARLEYNE MURRELL SMITH BOARD MEMBER (UNTIL DEC 2017) 1.00 X 0 0 0 KEVIN O'MALLEY BOARD MEMBER 2.00 X 0 0 0 JOE RODIO CHAIR 10.00 X X 0 0 0 GABRIELA ROMANOW BOARD MEMBER 1.00 X 0 0 0 GLENN ROTHMAN BOARD MEMBER 1.00 X 0 0 0 SUSAN ROTHMAN PAST CHAIR (UNTIL DEC 2017) 2.00 X X 0 0 0 ELAINE SAGER AT LARGE, EXECUTIVE COMMITTEE 2.00 X X 0 0 0 ROBERT SHERMAN BOARD MEMBER 1.00 X 0 0 0 SAM SLATER BOARD MEMBER 1.00 X 0 0 0 ELLIE STARR BOARD MEMBER 1.00 X 0 0 0 SHARI ZAKIM YACOUBY BOARD MEMBER 1.00 X 0 0 0 DEENA ZAKIM BOARD MEMBER 1.00 X 0 0 0 JOSH ZAKIM AT LARGE, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 JOYCE ZAKIM BOARD MEMBER 1.00 X 0 0 0 JUDE GOLDMAN EXECUTIVE DIRECTOR 40.00 X 109332 0 15712 109332 0 15712 1 0 0 0 0 178259 1276032 10865 1454291 232176 232176 841330 676898 164432 164432 164432 84105 178259 101832 -17727 -17727 OTHER REVENUE 900099 114 114 114 1833286 0 0 378995 559275 559275 73916 36959 11087 25870 69561 35952 20855 12754 31053 17079 5434 8540 13121 7010 3726 2385 59384 30678 12398 16308 17465 17465 1450 1450 27799 10020 13171 4608 3275 1453 1326 496 2375 2375 PROGRAM/EVENT EXP. 37072 33199 3873 0 BANK SERVICE CHARGES 10516 0 10516 0 TRAINING 9925 8630 1295 0 DUES AND SUBSCRIPTIONS 206 0 206 0 1931 1931 918324 740255 107108 70961 26165 35409 541281 739843 8740 408091 6750 8000 4893065 5509121 438 0 5476439 6700464 32486 32566 32486 32566 X 1411697 1557482 1377818 2455978 2654438 2654438 5443953 6667898 5476439 6700464 914962 308983 0 X 0 1 X 1 0 X 785886 734669 1765057 963702 1454291 5703605 785886 734669 1765057 963702 1454291 5703605 847649 4855956 157152 213479 220428 180379 232176 1003614 50924 162535 65262 84219 362940 7070159 0.68680 0.64760 X 4893065 688056 72000 5509121 3578947 1055000 312301 53183 4893065 3723694 19500 -110247 54000 3578947 3458954 61500 255240 52000 3723694 2906742 602203 49991 3458954 0.18450 0.33370 0.48180 0 0 0 AGENCY CUSTODIAL ACCOUNTS 31061 MISCELLANEOUS LIABILITIES 1505 32566 X 2350081 308983 123559 -17465 415077 1935004 -101718 -101718 1833286 1126136 123559 101718 225277 900859 17465 17465 918324 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUND IS TO ALLOW THE LENNY ZAKIM FUND TO CONTINUE OVER THE LONG-TERM ITS INNOVATIVE, GRASS-ROOTS GRANT MAKING. PART X, LINE 2: THE FUND FOLLOWS THE 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 AUTHORITIES. MANAGEMENT HAS EVALUATED THE FUND'S TAX POSITIONS AND HAS CONCLUDED THAT THE FUND HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S., FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2014. THE FUND WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSE NETTED WITH INVESTMENT INCOME ON AUDITED FS -17,465. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE REPORTED ON PART VIII, LINE 8B -101,832. OTHER INCOME NETTED WITH EXPENSES 114. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE REPORTED ON PART VIII, LINE 8B 101,832. OTHER INCOME NETTED WITH EXPENSES -114. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE NETTED WITH INVESTMENT INCOME ON AUDITED FS 17,465. CASINO NIGHT 262364 178259 84105 11883 52779 30446 6724 262364 178259 84105 11883 52779 30446 6724 101832 -17727 1 AARON'S PRESENTS 180 MAIN STREET ANDOVER MA 01810 464010444 8000 GENERAL OPERATIONS ADAPTIVE SPORTS NEW ENGLAND 89 SOUTH ST SUITE 603 BOSTON MA 02111 463900833 10000 GENERAL OPERATIONS ALL DORCHESTER SPORTS & LEADERSHIP INC 1565 DORCHESTER AVENUE DORCHESTER MA 02122 222827346 12000 GENERAL OPERATIONS ALRAY SCHOLARS PROGRAM PO BOX 960400 BOSTON MA 02196 270955022 7500 GENERAL OPERATIONS APPRENTICE LEARNING 190 CENTRAL AVE MILTON MA 02186 455622649 12500 GENERAL OPERATIONS BACKYARD GROWERS 269 MAIN STREET GLOUCESTER MA 01930 743101523 10000 GENERAL OPERATIONS BALLETROX PO BOX 301334 JAMAICA PLAIN MA 02130 043140205 10000 GENERAL OPERATIONS BODHI & MIND YOGA 162 WILLOW STREET APT 1 WEST ROXBURY MA 02132 461876554 10000 GENERAL OPERATIONS BOSTON YOUTH WRESTLING 100 WARREN STREET BOSTON MA 02119 454450102 20000 GENERAL OPERATIONS BRAZILIAN WOMEN'S GROUP 697 CAMBRIDGE STREET SUITE 106 BRIGHTON MA 02135 043549382 5700 GENERAL OPERATIONS BREAD OF LIFE 54 EASTERN AVENUE REAR MALDEN MA 02148 223199801 10000 GENERAL OPERATIONS CENTER TO SUPPORT IMMIGRANT ORGANIZING 89 SOUTH STREET 700 BOSTON MA 02111 042261109 10000 GENERAL OPERATIONS CHICA PROJECT 25 NEW CHARDON ST PO BOX 5760 BOSTON MA 02114 020532474 10000 GENERAL OPERATIONS COMMUNITY COOKS 1 SUMMER STREET SOMERVILLE MA 02143 452351381 15000 GENERAL OPERATIONS COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SE MA 1285 ACUSHNET AVE NEW BEDFORD MA 02746 043371170 8550 GENERAL OPERATIONS DREAM OUT LOUD CENTER INC 1 JOHNNY CAKE HILL NEW BEDFORD MA 02740 043528626 17500 GENERAL OPERATIONS DREAMFAR HIGH SCHOOL MARATHON INC 27 SCOTNEY RD CHESTNUT HILL MA 02467 273188990 15000 GENERAL OPERATIONS EMPOWERING PEOPLE FOR INCLUSIVE COMMUNITIES 420 PEARL STREET MALDEN MA 02148 042486905 10000 GENERAL OPERATIONS FAMILIES CREATING TOGETHER 295 CENTRE ST JAMAICA PLAIN MA 02130 042754281 6000 GENERAL OPERATIONS FAMILIES FOR JUSTICE AS HEALING 100R WARREN STREET ROXBURY MA 02119 454148974 12500 GENERAL OPERATIONS FATHERS' UPLIFT INC 100A WARREN STREET BOSTON MA 02119 461407932 20000 GENERAL OPERATIONS FOOD LINK INC 32 OLDHAM ROAD ARLINGTON MA 02474 471840355 10000 GENERAL OPERATIONS HAWTHORNE YOUTH AND COMMUNITY CENTER 9 FULDA STREET ROXBURY MA 02119 042515797 15000 GENERAL OPERATIONS HEALTHY WALTHAM 510 MOODY ST WALTHAM MA 02453 461174988 5000 GENERAL OPERATIONS HEBRON FOOD PANTRY INC PO BOX 92 ATTLEBORO MA 02703 043521011 5000 GENERAL OPERATIONS IMMIGRANT FAMILY SERVICES CENTER (IFSI) 5 JALLEISON STREET HYDE PARM MA 02136 474400495 15000 GENERAL OPERATIONS INSTITUTE FOR PAN AFRICAN CULTURAL EDUCATION 2836 WASHINGTON ST ROXBURY MA 02119 273912404 5000 GENERAL OPERATIONS JUSTICE AT WORK 192 SOUTH ST SUITE 400 BOSTON MA 02111 274670409 10000 GENERAL OPERATIONS LEVEL GROUND MIXED MARTIAL ARTS 50 MILK STREET BOSTON MA 02109 043499852 20000 GENERAL OPERATIONS LIVING INDEPENDENTLY FOR EQUALITY INC (LIFE CENTER) PO BOX 2356 BROCKTON MA 02305 222532503 10000 GENERAL OPERATIONS LYNN UNITED FOR CHANGE EMPOWERMENT PROJECT 112 EXCHANGE ST LYNN MA 01901 042660311 8000 GENERAL OPERATIONS MATAHARI WOMEN WORKERS' CENTER 50 MILK STREET FLOOR 16 BOSTON MA 02109 042261109 7500 GENERAL OPERATIONS MUSICONNECTS 20 BELGRADE AVE 1 ROSLINDALE MA 02131 710877553 10000 GENERAL OPERATIONS NEIGHBORS UNITED FOR A BETTER EAST BOSTON (NUBE) 19 MERIDIAN ST SUITE 4 BOSTON MA 02128 042261109 5000 GENERAL OPERATIONS NEIGHBORS WHO CARE PO BOX 541158 WALTHAM MA 02474 134244456 7500 GENERAL OPERATIONS NEW START PROJECT 42 SEAVERNS AVENUE JAMAICA PLAIN MA 02130 043574060 5000 GENERAL OPERATIONS ONE CAN HELP INC 32 NEHOIDEN ROAD WABAN MA 02468 204281579 7500 GENERAL OPERATIONS OUR SPACE OUR PLACE INC 198 TREMONT ST BOX 325 BOSTON MA 02116 438067695 5000 GENERAL OPERATIONS OUT METROWEST PO BOX 2122 FRAMINGHAM MA 01703 465712986 15000 GENERAL OPERATIONS PAIR PROJECT (POLITICAL ASYLUMIMMIGRATION REPRESENTATION) 254 FRIEND STREET 5TH FLOOR BOSTON MA 02114 223003501 15000 GENERAL OPERATIONS PIERSQUARED 78 CYPRESS STREET BROOKLINE MA 02445 474743694 8500 GENERAL OPERATIONS RACHEL'S TABLE 633 SALISBURY ST WORCESTER MA 01609 042104393 10000 GENERAL OPERATIONS REFUGEE IMMIGRATION MINISTRY (RIM) 142 PLEASANT STREET SUITE 203 MALDEN MA 02148 043200436 20000 GENERAL OPERATIONS RESILIENT CODERS 50 MILK STREET 16 FLOOR BOSTON MA 02109 471882343 15000 GENERAL OPERATIONS SAHELI SUPPORT AND FRIENDSHIP SOUTH ASIAN WOMEN PO BOX 1345 BURLINGTON MA 01803 030547972 15000 GENERAL OPERATIONS SI SE PUEDE PO BOX 53 NORTH ANDOVER MA 01845 222632181 5000 GENERAL OPERATIONS SIBLING CONNECTIONS 61 ROSELAND STREET - UNIT 2 SOMERVILLE MA 02143 261519159 10000 GENERAL OPERATIONS SPEAKOUT BOSTON PO BOX 301223 BOSTON MA 02130 042679788 7500 GENERAL OPERATIONS THRIVE COMMUNITIES OF MASSACHUSETTS 175 CABOT STREET SUITE 100 E FOR ALL LOWELL MA 01854 451220191 5000 GENERAL OPERATIONS WELCOME PROJECT THE 530 MYSTIC AVE 111 SOMERVILLE MA 02145 043088140 10000 GENERAL OPERATIONS WOMEN ENCOURAGING EMPOWERMENT INC (WEE) POBOX 13 REVERE MA 02151 043286531 10000 GENERAL OPERATIONS WORCESTER INTERFAITH 111 PARK AVENUE WORCESTER MA 01609 043158699 10000 GENERAL OPERATIONS WORCESTER REFUGEE ASSISTANCE PROJECT 484 MAIN ST SUITE 400 WORCESTER MA 01608 320309547 11500 GENERAL OPERATIONS 53 PART I, LINE 2: WRITTEN PROPOSALS ARE RECEIVED BEFORE GRANTS ISSUED. STAFF CHECK IN WITH ALL GRANTEES DURING THE YEAR. ALL GRANTEES ARE REQUIRED TO SUBMIT AN EVALUATION ANNUALLY. FORM 990, PART VI, SECTION A, LINE 2 GLENN ROTHMAN, DIRECTOR, AND SUSAN ROTHMAN, PAST CHAIR OF THE BOARD, HAVE A FAMILY RELATIONSHIP. JOYCE, JOSH, DEENA AND SHARI ZAKIM, DIRECTORS, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE GOVERNING BODY REVIEWS THE ORGANIZATION'S FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION AT THE ANNUAL MEETING. PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIR SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, FORM 990, CONFLICT OF INTEREST POLICY, GOVERNANCE POLICIES AND PROCEDURES AND OTHER APPROPRIATE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE ORGANIZATION'S FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART I, LINE 6: VOLUNTEERS INCLUDE BOARD MEMBERS, SITE VISITORS WHO SPEND BETWEEN 3 - 12 HOURS EACH ANNUALLY AND EVENT VOLUNTEERS WHO PROVIDE EVENT ASSISTANCE (REGISTRATION, PARTICIPANT ASSISTANE, PHOTOGRAPHY) - 2-10 HOURS EACH ANNUALLY.