AKAMAI FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
AKAMAI FOUNDATION INC (EIN 04-3530777)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-09-20
IRS object ID
201712639349100206
Schema version
2016v3.1
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)
Return2017-09-20T13:36:58-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Begin2016-01-01TaxPeriodBeginDt

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
Phone8008391754PhoneNum
Signature2017-09-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address24.187.244.114IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id06391520172635000006FederalOriginalSubmissionId
Federal Original Submission Id2017-09-20FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdA03CA8425FE017993163D7917FD3F5FFAC126974AtSubmissionCreationDeviceId
At Submission Filing Device Id259C731B7C7CCB55DA46458F0098BC0D5A2501CBAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$649,064FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$91,121ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$390InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$390InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$12,299DividendsRevAndExpnssAmt
Dividends Net Invst Incm$12,299DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$158,625NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$378,034GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$158,625CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$262,435TotalRevAndExpnssAmt
Total Net Invst Incm$171,314TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$1,800TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$13,455OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$13,455OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$15,255TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$13,455TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$481,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$481,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$496,755TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$494,955TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$234,320ExcessRevenueOverExpensesAmt
Net Investment Income$171,314NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$79,162SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$53,240SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$53,240SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$634,031CorporateStockBOYAmt
Corporate Stock EOY$425,633CorporateStockEOYAmt
Corporate Stock EOYFMV$595,824CorporateStockEOYFMVAmt
Total Assets BOY$713,193TotalAssetsBOYAmt
Total Assets EOY$478,873TotalAssetsEOYAmt
Total Assets EOYFMV$649,064TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$713,193RetainedEarningBOYAmt
Retained Earning EOY$478,873RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$713,193TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$478,873TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$713,193TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$478,873TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$713,193TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$234,320ExcessRevenueOverExpensesAmt
Subtotal$478,873SubtotalAmt
Tot Net Ast Or Fund Balances EOY$478,873TotNetAstOrFundBalancesEOYAmt

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$378,034GrossSalesPriceAmt
Cost Or Other Basis$219,409CostOrOtherBasisAmt
Gain Or Loss$158,625GainOrLossAmt
Gains Minus Excess Or Losses$158,625GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$158,625CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$493,564AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,121,329NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.44016DistributionYr1Rt
Adjusted Qlfy Distri Yr2$412,858AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,515,886NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.272354DistributionYr2Rt
Adjusted Qlfy Distri Yr3$380,471AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,716,710NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.221628DistributionYr3Rt
Adjusted Qlfy Distri Yr4$370,897AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,889,374NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.196307DistributionYr4Rt
Adjusted Qlfy Distri Yr5$401,261AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$2,163,747NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.185447DistributionYr5Rt
Total Distribution1.315896TotalDistributionRt
Average Distribution0.263179AverageDistributionRt
Net Vl Noncharitable Assets$729,481NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$191,984AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,713NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$193,697AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$494,955QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,713InvestmentIncomeExciseTaxAmt
Subtotal$1,713SubtotalAmt
Tax Based On Investment Income$1,713TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,346EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,346TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$633OverpaymentAmt
Applied To ES Tax$633AppliedToESTaxAmt

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 / Sec10.0$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$630,287AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$110,303AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$740,590TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$740,590AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,109CashDeemedCharitableAmt
Net Vl Noncharitable Assets$729,481NetVlNoncharitableAssetsAmt
Minimum Investment Return$36,474MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$36,474MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,713TaxBasedOnInvestmentIncomeAmt
Total Tax$1,713TotalTaxAmt
Distributable Before Adj$34,761DistributableBeforeAdjAmt
Distributable Before Ded$34,761DistributableBeforeDedAmt
Distributable As Adjusted$34,761DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$494,955ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$494,955QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,713PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$493,242AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$34,761DistributableAsAdjustedAmt
Prior Year12014PriorYear1Yr
Prior Year22013PriorYear2Yr
Prior Year32012PriorYear3Yr
Excess Distribution Cyov Yr5$294,346ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$278,876ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$299,649ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$340,846ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$441,664ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,655,381TotalExcessDistributionCyovAmt
Qualifying Distributions$494,955QualifyingDistributionsAmt
Applied To Current Year$34,761AppliedToCurrentYearAmt
Remaining Distri From Corpus$460,194RemainingDistriFromCorpusAmt
Total Corpus$2,115,575TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$294,346ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,821,229ExcessDistriCyovToNextYrAmt
Excess From Year4$278,876ExcessFromYear4Amt
Excess From Year3$299,649ExcessFromYear3Amt
Excess From Year2$340,846ExcessFromYear2Amt
Excess From Year1$441,664ExcessFromYear1Amt
Excess From Current Year$460,194ExcessFromCurrentYearAmt
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 PersonNOELLE 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
BOSTON ALGEBRA IN MIDDLE SCHOOLS A I M S PROJECT I
42 BV - NEU 360 HUNTINGTON AVEBOSTONMA02115N/APCMathPOWER Program$16,000
BRANDEIS UNIVERSITY
MS 027 415 S STWALTHAMMA02453N/APCScholarship FUND$10,000
BROOKVIEW HOUSE INC
2 BROOKVIEW STDORCHESTERMA02124N/APCGeneral & Unrestricted$20,000
CAMBRIDGE PUBLIC SCHOOLS
159 THORNDIKE STCAMBRIDGEMA02141N/AGOVFIRST Robotics Team 97 Program$5,000
CENTER FOR EXCELLENCE IN EDUCATION
8201 GREENSBORO DR STE 215MCLEANVA22102N/APCGeneral & Unrestricted$25,000
CHICKTECH
921 WASHINGTON ST 820PORTLANDOR97205N/APCGeneral & Unrestricted$10,000
COMMUNITY CHARTER SCHOOL OF CAMBRIDGE FOUNDATION I
245 BENT STCAMBRIDGEMA02141N/APCGeneral & Unrestricted$9,000
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/APCGeneral & Unrestricted$5,000
IT WOMEN FOUNDATION INC
841 HERITAGE DRWESTONFL33326N/APCCharitable Event$1,500
MASSACHUSETTS INSTITUTE OF TECH
77 MASSACHUSETTS AVECAMBRIDGEMA02139N/APCMITxplore Math & Science on Saturdays Program$27,500
MATHEMATICAL ASSOCIATION OF AMERICA INCORPORATED
1529 18TH ST NWWASHINGTONDC20036N/APCGeneral & Unrestricted$196,500
NORTH ANDOVER HIGH SCHOOL
430 OSGOOD STNORTH ANDOVERMA01845N/AGOVGeneral & Unrestricted$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$481,500TotalGrantOrContriPdDurYrAmt

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$390ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,299ExclusionAmt
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$158,625ExclusionAmt
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$171,314ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$171,314TotalIncomeProducingActyAmt

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$91,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOYFMVEOYFMVAmtEOY Book ValueEOYBookValueAmt
AKAMAI TECH COM STK$96,686
LOOMIS SAYLES BOND FUND$134,331$117,350
PIMCO TOTAL RETURN FUND$103,632$107,108
SPDR S&P 500 ETF TRUST$136,353$81,815
VANGUARD TOTAL BOND MARKET IND$124,822$119,360

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, 2016, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $481,500. This amount represents over 25% of the Foundation's net assets of $995,105 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. 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$13,420$13,420
State or Local Filing Fees$35$35

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Estimated Tax for 2016CategoryTxt
Amt$1,800Amt

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