BOSTON BENEFITS FOUNDATION: Form 990EZ, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BOSTON BENEFITS FOUNDATION (EIN 04-3584693)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-13
- IRS object ID
- 201301339349202295
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-13T14:07:45-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KING MCNAMARA & MORIARTY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 473 WASHINGTON STREET | AddressLine1 |
| City | NORWOOD | City |
| State | MA | State |
| ZIP Code | 020622330 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043584693 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOSTON BENEFITS FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BOST | NameControl |
| Phone | 7812550214 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 LOWDER BROOK DRIVE | AddressLine1 |
| Address Line2 | ROOM/SUITE 1000 | AddressLine2 |
| City | WESTWOOD | City |
| State | MA | State |
| ZIP Code | 02090 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHARLES S BEAN III | Name |
| Title | PRESIDENT | Title |
| Phone | 7812550214 | Phone |
| Date Signed | 2013-04-30 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAMELA J CASEY CPA | Name |
| Phone | 7817696300 | Phone |
| Date Prepared | 2013-05-06 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Schedule B Not Required | X | ScheduleBNotRequired |
| Web Site | N/A | WebSite |
| Organization501c3 | X | Organization501c3 |
| Gross Receipts | 182440 | GrossReceipts |
| Info In Schedule O Part I | X | InfoInScheduleOPartI |
| Contributions Gifts Grants Etc | 300 | ContributionsGiftsGrantsEtc |
| Investment Income | 7196 | InvestmentIncome |
| Gross Amount From Sale Of Assets | 174944 | GrossAmountFromSaleOfAssets |
| Cost Other Basis And Sales Expenses | 168096 | CostOtherBasisAndSalesExpenses |
| Gain Or Loss From Sale Of Assets | 6848 | GainOrLossFromSaleOfAssets |
| Total Revenue | 14344 | TotalRevenue |
| Grants And Similar Amounts Paid | 15500 | GrantsAndSimilarAmountsPaid |
| Fees And Oth Pymt To Ind Contractors | 500 | FeesAndOthPymtToIndContractors |
| Occupancy Rent Utilities And Maint | 34 | OccupancyRentUtilitiesAndMaint |
| Other Expenses Total | 116 | OtherExpensesTotal |
| Total Expenses | 16150 | TotalExpenses |
| Excess Or Deficit For Year | -1806 | ExcessOrDeficitForYear |
| Net Assets Or Fund Balances BOY | 244226 | NetAssetsOrFundBalancesBOY |
| Other Changes In Net Assets | 11122 | OtherChangesInNetAssets |
| Net Assets Or Fund Balances EOY | 253542 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part II | X | InfoInScheduleOPartII |
Cash Savings And Investments CashSavingsAndInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 244059 | BOY |
| EOY | 253409 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167 | BOY |
| EOY | 133 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 244226 | BOY |
| EOY | 253542 | EOY |
Net Assets Or Fund Balances NetAssetsOrFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 244226 | BOY |
| EOY | 253542 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Primary Exempt Purpose | COMMUNITY SCHOLARSHIPS/GRANTS | PrimaryExemptPurpose |
Program Service Accomplishment ProgramServiceAccomplishment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Service Accom | BOSTON BENEFITS FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, LITERARY,RELIGIOUS, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE FOUNDATION PROMOTES AND ENCOURAGES EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES FOR CHILDREN FROM THE GREATER BOSTON METROPOLITAN REGION. IN CONSIDERATION OF THE FOREGOING, THE FOUNDATION MADE A 13,000 CONTRIBUTION TO THE SEAN P. LYNCH SCHOLARSHIP FUND AT SAINT JOHN'S PREP; A SECONDARY SCHOOL FOR YOUNG MEN,LOCATED IN DANVERS, MA. THE FOUNDATION ALSO MADE A 2,500 CONTRIBUTION TO THE GENSIS FUND, LOCATED IN WALTHAM, MA. THE GENSIS FUND IN A NEW ENGLAND BASED NON-PROFIT ORGANIZATION WHICH STRIVES TO FULFILL ITS MISSION TO RAISE FUNDS TO ENRICH THE LIVES OF CHILDREN AND THEIR FAMILIES AFFECTED BY BIRTH DEFECTS, GENETIC DISORDERS AND INTELLECTUTUAL DISABILITIES. | DescriptionProgramServiceAccom |
| Grants And Allocations | 15500 | GrantsAndAllocations |
| Program Service Expenses | 15500 | ProgramServiceExpenses |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | 15500 | TotalProgramServiceExpenses |
Officer Director Trustee Key Empl OfficerDirectorTrusteeKeyEmpl (8 entries)
| TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|
| CHARLES S BEAN III | ||
| PRES./DIRECT | 0.50 | 0 |
| CHARLES F MURPHY III | ||
| TREAS./DIREC | 0.50 | 0 |
| MICHAEL J GILL | ||
| CLERK/DIRECT | 0.50 | 0 |
| JOHN CRONIN | ||
| DIRECTOR | 0.50 | 0 |
| JAMES W REIDY | ||
| DIRECTOR | 0.50 | 0 |
| THEODORE SHEA | ||
| DIRECTOR | 0.50 | 0 |
| PAUL F HARDIMAN | ||
| DIRECTOR | 0.50 | 0 |
| PETER HIGGINS | ||
| DIRECTOR | 0.50 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRpt |
| Made Changes To Orgnzng Etc Doc | false | MadeChangesToOrgnzngEtcDoc |
| Organization Had UBI | false | OrganizationHadUBI |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Organization Dissolved Etc | false | OrganizationDissolvedEtc |
| Did Org File Form1120 POL This Year | false | DidOrgFileForm1120POLThisYear |
| Made Loans To From Officers | false | MadeLoansToFromOfficers |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTrans |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERITAGE FINANCIAL GROUP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 477 WASHINGTON STREET | AddressLine1 |
| Address Line2 | UNIT 15 | AddressLine2 |
| City | NORWOOD | City |
| State | MA | State |
| ZIP Code | 02062 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7812550214 | TelephoneNumber |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccount |
| Foreign Office | false | ForeignOffice |
| Maintain Any Donor Advised Funds | false | MaintainAnyDonorAdvisedFunds |
| Does Org Have Hospital | false | DoesOrgHaveHospital |
| Tanning Services Provided | false | TanningServicesProvided |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction With Control Entity | false | TransactionWithControlEntity |
| Engage Political Cmpgn Activities | false | EngagePoliticalCmpgnActivities |
| Engage In Lobbying Activities | false | EngageInLobbyingActivities |
| Operating School | false | OperatingSchool |
| Trnsfrs Exempt Non Char Related Org | false | TrnsfrsExemptNonCharRelatedOrg |
| Part VI Of Comp Of Highest Paid Empl | NONE | PartVIOfCompOfHighestPaidEmpl |
| Part VIA Hghst Paid Cntrct Prof Ser | NONE | PartVIAHghstPaidCntrctProfSer |
| Filed Schedule A | true | FiledScheduleA |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 56620 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 48620 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 40050 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 47845 | CurrentTaxYearMinus1Year |
| Current Tax Year | 300 | CurrentTaxYear |
| Total | 193435 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 56620 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 48620 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 40050 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 47845 | CurrentTaxYearMinus1Year |
| Current Tax Year | 300 | CurrentTaxYear |
| Total | 193435 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 193435 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6438 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5194 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6418 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7528 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7196 | CurrentTaxYear |
| Total | 32774 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6438 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5194 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6418 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7528 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7196 | CurrentTaxYear |
| Total | 32774 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 63058 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 53814 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 46468 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 55373 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7496 | CurrentTaxYear |
| Total | 226209 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.85510 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.88650 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.14000 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.11000 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| GRANTS AND SIMILAR AMTS PAID TO ORGANIZATIONS | FORM 990-EZ, PART I, LINE 10 | ST JOHN'S PREP 02/01/2012 SEAN P. LYNCH SCHOLARSHIP FUND 72 SPRING STREET 13,000 0 DANVERS, MA 01923 0 |
| OTHER EXPENSES | FORM 990-EZ, PART I, LINE 16 | EXPENSES FOREIGN TAX 71 FILING FEES 45 TOTAL 116 |
| OTHER CHANGES IN NET ASSETS OR FUND BALANCES | FORM 990-EZ, PART I, LINE 20 | CHANGE IN MARKET VALUE 11,122 |
| OTHER ASSETS | FORM 990-EZ, PART II, LINE 24 | 2,550 2,550 LESS ACCUMULATED AMORTIZATION 2,383 2,417 TOTAL 167 133 |
| FIRST ACCOMPLISHMENT | FORM 990-EZ, PART III, LINE 28 | BOSTON BENEFITS FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, LITERARY,RELIGIOUS, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE FOUNDATION PROMOTES AND ENCOURAGES EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES FOR CHILDREN FROM THE GREATER BOSTON METROPOLITAN REGION. IN CONSIDERATION OF THE FOREGOING, THE FOUNDATION MADE A 13,000 CONTRIBUTION TO THE SEAN P. LYNCH SCHOLARSHIP FUND AT SAINT JOHN'S PREP; A SECONDARY SCHOOL FOR YOUNG MEN,LOCATED IN DANVERS, MA. THE FOUNDATION ALSO MADE A 2,500 CONTRIBUTION TO THE GENSIS FUND, LOCATED IN WALTHAM, MA. THE GENSIS FUND IN A NEW ENGLAND BASED NON-PROFIT ORGANIZATION WHICH STRIVES TO FULFILL ITS MISSION TO RAISE FUNDS TO ENRICH THE LIVES OF CHILDREN AND THEIR FAMILIES AFFECTED BY BIRTH DEFECTS, GENETIC DISORDERS AND INTELLECTUTUAL DISABILITIES. |
Compensation Explanation CompensationExplanation
Compensation Compensation (8 entries)
| CHARLES S BEAN III |
| CHARLES F MURPHY III |
| MICHAEL J GILL |
| JOHN CRONIN |
| JAMES W REIDY |
| THEODORE SHEA |
| PAUL F HARDIMAN |
| PETER HIGGINS |