2015-11-20T11:41:02-06:00 2015-06-30 042917204 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2014-07-01 263194155 THE WELLESLEY FREE LIBRARY FOUNDATION INC WELL 7812351610 530 WASHINGTON STREET WELLESLEY MA 02482 DARCEY BARTEL PRESIDENT 7812351610 2015-11-10 1 RICHARD B DIONNE P00142882 9784522500 2015-11-10 2014 2016-03-07 17:11:31Z DARCEY BARTEL 530 WASHINGTON STREET WELLESLEY MA 02482 4953170 0 X N/A X 2008 MA THE FOUNDATION HAS FORMED TO SUPPORT THE WELLESLEY FREE LIBRARY, WHICH IS A DEPARTMENT OF THE TOWN OF WELLESLEY, MASSACHUSETTS. THE SUPPORT INCLUDES A BOARD RANGE OF LIBRARY NEEDS SUCH AS MATERIALS, BUILDING MAINTENANCE, FUNISHINGS AND PROGRAMS. 15 15 0 20 0 0 364555 4373024 0 0 1315 191998 -56064 16870 309806 4581892 164434 301125 0 0 0 0 0 0 12446 62579 126633 227013 427758 82793 4154134 543652 4615131 6085 19749 537567 4595382 X 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. 1 0 186125 186125 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. 115000 115000 PROVIDES FUNDS WHICH ALLOW THE THE LIBRARY TO EXPERIMENT AND BUILD COLLECTIONS THAT WOULD OTHERWISE NOT BE POSSIBLE, PURCHASE EXCITING NEW DATABASES, AND SHOWCASE EVOLVING MATERIALS FORMAT. 301125 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 1 0 0 0 0 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 MA X WELLESLEY FREE LIBRARY FOUNDATION 7812351610 530 WASHINGTON STREET WELLESLEY MA 02482 X PAM STIRRAT PRESIDENT 1.00 X X 0 0 0 AMANDA KENNEDY VICE PRESIDENT 1.00 X X 0 0 0 DARCEY BARTEL TREASURER 1.00 X X 0 0 0 DIANE SAVAGE CLERK 1.00 X X 0 0 0 TIM DRIVER DIRECTOR 1.00 X 0 0 0 ALEXANDER C GAVIS DIRECTOR 1.00 X 0 0 0 STEVEN W HANSEN DIRECTOR 1.00 X 0 0 0 DOROTHY LAUGHLIN DIRECTOR 1.00 X 0 0 0 KEVIN MACDONALD DIRECTOR 1.00 X 0 0 0 BARBARA MCMAHON DIRECTOR 1.00 X 0 0 0 WILLIAM MCNAMARA DIRECTOR 1.00 X 0 0 0 PHIL MINERVINO DIRECTOR 1.00 X 0 0 0 NORMA O'REILLY DIRECTOR 1.00 X 0 0 0 ELIZABETH P POWELL DIRECTOR 1.00 X 0 0 0 HEATHER SAWITSKY DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 4373024 3824638 4373024 68513 68513 28100 28100 461488 366103 95385 95385 95385 22045 5175 16870 16870 4581892 0 0 208868 X 301125 301125 3334 3334 29048 29048 69168 69168 1552 1552 1067 1067 ANNUAL APPEAL 6475 6475 BAD DEBT 6000 6000 OTHER FUNDRAISING EXPEN 5971 5971 BOARD RETREAT 4018 4018 427758 301125 114187 12446 18453 52 427650 767306 67167 34500 430 430 0 3812843 29952 0 543652 4615131 6085 19749 6085 19749 X 468802 695068 38813 3348217 29952 552097 537567 4595382 543652 4615131 4154134 -96319 0 X 0 1 X 1 0 X X X 1 WELLESLEY FREE LIBRARY 046001343 6 1 301125 0 1 301125 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 PART IV LINE 11A TREASURER OF THE FOUNDATION MADE A GIFT OF $5,000. SECTION B LINE 1 N/A RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68765 3865778 93887 133315 29301 3865814 79813 11000 48 68765 91063 11250 79813 10000 80000 7637 6574 91063 10000 10000 0.00000 0.14270 0.85730 0 0 0 X 4456525 -96319 -96319 4552844 29048 29048 4581892 398710 0 398710 29048 29048 427758 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, "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 22045 22045 2495 2680 22045 22045 2495 2680 5175 16870 1 WELLESLEY FREE LIBRARY 530 WASHINGTON STREET WELLESLEY MA 02482 046001343 301125 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. X 1 3824638 FAIR MARKET VALUE 0 0 0 FORM 990, PART III, LINE 2 PROVIDES FUNDS WHICH ALLOWS THE THE LIBRARY TO EXPERIMENT AND BUILD COLLECTIONS THAT WOULD OTHERWISE NOT BE POSSIBLE, PURCHASE EXCITING NEW DATABASES; AND SHOWCASE EVOLVING MATERIALS FORMAT. FORM 990, PART VI, SECTION A, LINE 4 THE FOUNDATION AMENDED THEIR BY-LAWS FORM 990, PART VI, SECTION B, LINE 11 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 69,168. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,168.