2017-11-07T10:01:47-06:00 2017-06-30 042917204 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2016-07-01 263194155 THE WELLESLEY FREE LIBRARY FOUNDATION INC WELL 7812351610 530 WASHINGTON STREET WELLESLEY MA 02482 WILLIAM MCNAMARA PRESIDENT 7812351610 2017-10-18 1 RICHARD B DIONNE P00142882 9784522500 2017-10-18 50.198.108.100 2017-10-18 18:02:48 ED P 83C3FF8AFF5FB6FE0A88987A310190076A725CD3 4F51A0CDA3CEEEDE0D04632043DDB53C8B944E1F 2016 2021-01-29 14:40:06Z WILLIAM MCNAMARA 530 WASHINGTON STREET WELLESLEY MA 02482 978139 0 X N/A X 2008 MA THE FOUNDATION WAS FORMED TO SUPPORT THE WELLESLEY FREE LIBRARY, WHICH IS A DEPARTMENT OF THE TOWN OF WELLESLEY, MASSACHUSETTS. THE SUPPORT INCLUDES A BROAD RANGE OF LIBRARY NEEDS SUCH AS MATERIALS, BUILDING MAINTENANCE, FURNISHINGS AND PROGRAMS. 15 15 0 55 0 0 430168 177373 0 0 408027 172097 -58409 -9439 779786 340031 278603 217399 0 0 0 0 0 0 10062 135472 126396 414075 343795 365711 -3764 5021054 5114884 28505 126533 4992549 4988351 TO ENRICH, NOT REPLACE, TRADITIONAL TAX-BASED SUPPORT FOR THE LIBRARY THROUGH GIFTS, GRANTS, AND BEQUESTS FROM INDIVIDUALS AND ORGANIZATIONS, WHILE REINFORCING THE NEED FOR CONTINUED AND INCREASED PUBLIC SUPPORT FOR THE LIBRARY. 0 0 124125 124125 PROVIDES FUNDS WHICH ALLOW THE LIBRARY TO EXPERIMENT AND BUILD COLLECTIONS THAT WOULD OTHERWISE NOT BE POSSIBLE, PURCHASE EXCITING NEW DATABASES, AND SHOWCASE EVOLVING MATERIALS FORMAT. 93274 93274 TO ENRICH, NOT REPLACE, TRADITIONAL TAX-BASED SUPPORT FOR THE LIBRARY THROUGH GIFTS, GRANTS, AND BEQUESTS FROM INDIVIDUALS AND ORGANIZATIONS, WHILE REINFORCING THE NEED FOR CONTINUED AND INCREASED PUBLIC SUPPORT FOR THE LIBRARY. 217399 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 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 1 0 1 0 1 4 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 MA X THE ORGANIZATION 7812351610 530 WASHINGTON STREET WELLESLEY MA 02482 X DARCEY BARTEL PRESIDENT 2.00 X X 0 0 0 KEVIN MACDONALD TREASURER 2.00 X X 0 0 0 WILLIAM MCNAMARA VICE PRESIDENT 2.00 X X 0 0 0 DOROTHY LAUGHLIN CLERK 2.00 X X 0 0 0 BRIDGET BETTIGOLE DIRECTOR 2.00 X 0 0 0 ELIZABETH CARPENTER DIRECTOR 2.00 X 0 0 0 MARY KLOPPENBERG DIRECTOR 2.00 X 0 0 0 PETER MONGEAU DIRECTOR 2.00 X 0 0 0 NORMA O'REILLY DIRECTOR 2.00 X 0 0 0 ELIZABETH POWELL DIRECTOR 2.00 X 0 0 0 SAMUEL RUBENSTEIN DIRECTOR 2.00 X 0 0 0 HEATHER SAWITSKY DIRECTOR 2.00 X 0 0 0 CYNTHIA STRAUSS DIRECTOR 2.00 X 0 0 0 VIRGINA SNOW DIRECTOR 2.00 X 0 0 0 BARBARA MCMAHON DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 23475 153898 3186 177373 102471 102471 6375 6375 691920 628669 63251 63251 63251 0 23475 9439 -9439 -9439 340031 0 0 162658 X 217399 217399 14250 14250 35063 35063 58738 58738 6622 6622 408 408 ANNUAL APPEAL 10062 10062 BAD DEBT 1000 1000 BOARD RETREAT 253 253 343795 217399 116334 10062 52 52 257186 153030 8000 0 430 430 4554908 4760018 200478 201354 5021054 5114884 28505 37283 89250 28505 126533 X 846546 695846 3580756 3707175 565247 585330 4992549 4988351 5021054 5114884 -3764 134341 -134775 0 X 0 1 X 1 0 X X X 1 WELLESLEY FREE LIBRARY 046001343 6 1 217399 0 1 217399 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4551886 93724 304880 134791 35063 4780636 3865814 431903 437930 151749 32012 4551886 68765 3865778 93887 133315 29301 3865814 79813 11000 48 68765 91063 11250 79813 0.10280 0.12240 0.77480 0 0 0 X 439309 134341 134341 304968 35063 35063 340031 308732 0 308732 35063 35063 343795 PART X, LINE 2: THE FOUNDATION HAS BEEN RECOGNIZED AS TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," REQUIRES THE FOUNDATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION 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 FOUNDATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE FOUNDATION IS NOT SUBJECT TO MATERIAL UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. MINI GOLF 17535 17535 2495 1725 TEA PARTY 5940 5940 5219 23475 23475 2495 6944 9439 -9439 1 WELLESLEY FREE LIBRARY 530 WASHINGTON STREET WELLESLEY MA 02482 046001343 217399 TO SUPPORT THE LIBRARY OPERATIONS AND PROGRAMS 1 PART I, LINE 2: BOARD MEMBERS OF THE WELLESLEY FREE LIBRARY PARTICPATE IN WELLESELY FREE LIBRARY FOUNDATION'S MONTHLY MEETINGS AND REPORT BACK ON USE OF GRANT. FORM 990, PART VI, SECTION B, LINE 11B DRAFT SUBMITTED FOR REVIEW AND APPROVAL TO BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION DISTRIBUTES A CONFLICT OF INTEREST POLICY AND CERTIFICATION FORMS ANNUALLY TO ALL BOARD MEMEBER TO BE SIGNED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 58,738. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,738. WELLESLEY FREE LIBRARY DEPARTMENT OF THE TOWN OF WELLESLEY MASSACHUSETTS 530 WASHINGTON STREET WELLESLEY MA 02482 PUBLIC LIBRARY MA THE TOWN OF WELLESLEY MASSACHUSETTS 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WELLESLEY FREE LIBRARY B 217399 BOARD APPROVAL OF REQUESTED FUNDS