THE PATRICK J MCGOVERN FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: THE PATRICK J MCGOVERN FOUNDATION INC (EIN 22-3021586)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2016-02-18
IRS object ID: 201620499349100412
Schema version: 2014v6.0
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
Form 990-PF
Schedule B
Accounting Fees Schedule
General Explanation Attachment
Legal Fees Schedule
Other Expenses Schedule
Other Professional Fees Schedule
Substantial Contributors Sch

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-02-18T16:37:38-06:00	ReturnTs
Tax Period End	2015-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	861065772	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DELOITTE TAX LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	555 MISSION STREET	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94105	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2014-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	223021586	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE MCGOVERN FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MCGO	BusinessNameControlTxt
Phone	6174568000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 CAMBRIDGE STREET SUITE 2200	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02114	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PATRICK J MCGOVERN III	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	6174568000	PhoneNum
Signature	2016-02-11	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOAN S MCMAHON	PreparerPersonNm
PTIN	P00966494	PTIN
Phone	4157834000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-08-17 19:52:53Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$2,271,007	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$12,000,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$589	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$589	InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$12,000,589	TotalRevAndExpnssAmt
Total Net Invst Incm	$589	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$150,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$150,000	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$1,218,263	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$1,192,095	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$4,785	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$1,992	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$123,359	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$0	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$80,753	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$296	InterestRevAndExpnssAmt
Interest Net Invst Incm	$0	InterestNetInvstIncmAmt
Interest Adj Net Incm	$0	InterestAdjNetIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$27,276	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$25,460	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$1,359	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$1,359	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,525,338	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,451,659	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$8,777,844	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$8,277,844	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$10,303,182	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$9,729,503	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,697,407	ExcessRevenueOverExpensesAmt
Net Investment Income	$589	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$216	CashBOYAmt
Cash EOY	$3,391	CashEOYAmt
Cash EOYFMV	$3,391	CashEOYFMVAmt
Sav And Temp Cash Invst EOY	$2,267,616	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$2,267,616	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$216	TotalAssetsBOYAmt
Total Assets EOY	$2,271,007	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,271,007	TotalAssetsEOYFMVAmt
Accounts Payable EOY	$73,384	AccountsPayableEOYAmt
Grants Payable EOY	$500,000	GrantsPayableEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$573,384	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$216	RetainedEarningBOYAmt
Retained Earning EOY	$1,697,623	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$216	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$1,697,623	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$216	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,271,007	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$216	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,697,407	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$1,697,623	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$1,697,623	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$409	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$424	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.964623	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$336	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$778	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.431877	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$161	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$297	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.542088	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$35	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$133	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.263158	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$35	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$167	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.209581	DistributionYr5Rt
Total Distribution	2.411327	TotalDistributionRt
Average Distribution	0.482265	AverageDistributionRt
Net Vl Noncharitable Assets	$1,259,337	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$607,334	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$6	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$607,340	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$9,729,503	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$6	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$6	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$6	TaxBasedOnInvestmentIncomeAmt
Applied To Es Tax	$100	AppliedToEsTaxAmt
Total Payments And Credits	$100	TotalPaymentsAndCreditsAmt
Overpayment	$94	OverpaymentAmt
Applied To ES Tax	$94	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (1)	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	GMA FOUNDATIONS	IndividualWithBooksNm
Phone	6173913089	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	77 SUMMER STREET 8TH FLOOR	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02110	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	Yes (1)	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	Yes (1)	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
ELIZABETH S MCGOVERN
77 SUMMER STREET 8TH FLOOR	BOSTON	MA	02110	DIRECTOR/PRESIDENT/CLERK	10.00	$50,000	$0	$0
LAURETTE M VERBINSKI
77 SUMMER STREET 8TH FLOOR	BOSTON	MA	02110	DIRECTOR/VICE PRESIDENT	10.00	$50,000	$0	$0
PATRICK J MCGOVERN III
77 SUMMER STREET 8TH FLOOR	BOSTON	MA	02110	DIRECTOR/TREASURER	10.00	$50,000	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
SHARTSIS FRIESE LLP
ONE MARITIME PLAZA 18TH FLOOR	SAN FRANCISCO	CA	94111	LEGAL SERVICES	$681,314
PRINCE LOBEL TYE LLP
100 CAMBRIDGE STREET SUITE 2200	BOSTON	MA	02114	LEGAL SERVICES	$335,211
RANSMEIER & SPELLMAN PC
ONE CAPITOL STREET	CONCORD	NH	03302	LEGAL SERVICES	$103,752
THE PHILANTHROPIC INITIATIVE
75 ARLINGTON STREET 10TH FLOOR	BOSTON	MA	02116	CONSULTING	$88,784
DAY PITNEY
ONE INTERNATIONAL PLACE	BOSTON	MA	02110	LEGAL SERVICES	$51,553

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NOT APPLICABLE	Description1Txt
Expenses1	$0	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NOT APPLICABLE	Description1Txt
Expenses1	$0	Expenses1Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,278,515	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,278,515	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$1,278,515	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$19,178	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,259,337	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$62,967	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$62,967	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$6	TaxBasedOnInvestmentIncomeAmt
Total Tax	$6	TotalTaxAmt
Distributable Before Adj	$62,961	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$62,961	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$62,961	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$9,729,503	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$9,729,503	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$6	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$9,729,497	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$62,961	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$27	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$28	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$146	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$297	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$388	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$886	TotalExcessDistributionCyovAmt
Qualifying Distributions	$9,729,503	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$62,961	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$9,666,542	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$9,667,428	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$27	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$9,667,401	ExcessDistriCyovToNextYrAmt
Excess From Year4	$28	ExcessFromYear4Amt
Excess From Year3	$146	ExcessFromYear3Amt
Excess From Year2	$297	ExcessFromYear2Amt
Excess From Year1	$388	ExcessFromYear1Amt
Excess From Current Year	$9,666,542	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE NE49-3142	CAMBRIDGE	MA	021394307	PC	MCGOVERN INSTITUTE FOR BRAIN RESEARCH	$8,272,344
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE NE49-3142	CAMBRIDGE	MA	021394307	PC	PATRICK J. MCGOVERN '59 ENTREPRENEURIAL AWARD	$5,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$8,277,844	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TSINGHUA EDUCATION FOUNDATION NA INC	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	2200 SAND HILL ROAD SUITE 160	AddressLine1Txt
City	MENLO PARK	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94025	ZIPCd

Field	Value	IRS element (for citing)
Recipient Foundation Status	PC	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	TO SUPPORT HIGHER BRAIN FUNCTION & BRAIN DISORDER RESEARCH	GrantOrContributionPurposeTxt
Amt	$500,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$500,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$589	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$589	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$589	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	PATRICK J MCGOVERN ESTATE	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	465 ELEANOR DRIVE	AddressLine1Txt
City	WOODSIDE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94062	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$12,000,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$4,785	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$1,992	DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Form And Line Reference	TANGIBLE PROPERTY REGULATIONS ELECTION STATEMENTS	FormAndLineReferenceDesc
Medium Explanation	SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONTAXPAYER IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER TREAS. REG. 1.263(A)-1(F) FOR ALL ELIGIBLE AMOUNTS PAID OR INCURRED DURING THE TAXABLE YEAR.SECTION 1.263(A)-3(N) CAPITALIZATION ELECTIONTAXPAYER HEREBY ELECTS TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER TREAS. REG. 1.263(A)-3(N). THE COSTS WERE INCURRED DURING THE TAXABLE YEAR IN THE ELECTING TAXPAYER'S TRADE OR BUSINESS AND THE ELECTING TAXPAYER TREATS SUCH COSTS AS CAPITAL EXPENDITURES ON ITS BOOKS AND RECORDS.REVENUE PROCEDURE 2015-20 STATEMENTPURSUANT TO THE SMALL BUSINESS EXCEPTION UNDER SECTION 10.11(6)(B)(III) OF REV. PROC. 2015-20, THE TAXPAYER IS CHANGING TO ADOPT THE FINAL TANGIBLE PROPERTY REGULATIONS PROSPECTIVELY WITH ITS TAX YEAR BEGINNING JULY 1, 2014, AND WITHOUT FILING A FORM 3115.	MediumExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$1,218,263	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$1,192,095	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE SUPPLIES	$193	$0	$0	$193
WEBSITE	$1,166	$0	$0	$1,166

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	OTHER PROFESSIONAL FEES	CategoryTxt
Amt	$123,359	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$80,753	DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

Field	Value	IRS element (for citing)
Person	PATRICK J MCGOVERN ESTATE	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	465 ELEANOR DRIVE	AddressLine1Txt
City	WOODSIDE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94062	ZIPCd