EDWIN S WEBSTER FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: EDWIN S WEBSTER FOUNDATION (EIN 04-6000647)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-06-05
IRS object ID: 201321569349100007
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
Form 990-PF
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-06-05T15:02:55-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	042442519	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EDELSTEIN AND COMPANY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	160 FEDERAL STREET 9TH FLOOR	AddressLine1
City	BOSTON	City
State	MA	State
ZIP Code	021101772	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	046000647	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	EDWIN S WEBSTER FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	EDWI	NameControl
Phone	6174267080	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O GMA FOUNDATIONS 77 SUMMER ST NO	AddressLine1
Address Line2	800	AddressLine2
City	BOSTON	City
State	MA	State
ZIP Code	02110	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	HENRY U HARRIS III	Name
Title	TRUSTEE	Title
Phone	6174267080	Phone
Date Signed	2013-06-05	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ALFONSO PERILLO	Name
PTIN	P00950491	PTIN
Phone	6172276161	Phone
Date Prepared	2013-05-30	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	27802778	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	675554	DividendsRevAndExpnss
Dividends Net Invst Incm	675554	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	2124307	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	8816498	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	2124307	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	76	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	76	OtherIncomeNetInvstIncm
Total Revenue And Expenses	2799937	TotalRevenueAndExpenses
Total Net Investment Income	2799937	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	48000	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	24000	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	24000	CompOfcrDirTrstDsbrsChrtblPrps
Legal Fees Rev And Expnss	2000	LegalFeesRevAndExpnss
Legal Fees Net Invst Incm	0	LegalFeesNetInvstIncm
Legal Fees Dsbrs Chrtbl Prps	2000	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	6400	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	0	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	6400	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	132524	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	91208	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	41316	OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss	24571	TaxesRevAndExpnss
Taxes Net Invst Incm	7071	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss	579	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	8	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	571	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	214074	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	122287	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	74287	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	1610000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	1610000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	1824074	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	122287	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	1684287	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	975863	ExcessOfRevenueOverExpenses
Net Investment Income	2677650	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	811	CashBOY
Cash EOY	3164	CashEOY
Cash EOYFMV	3164	CashEOYFMV
Savings And Temp Cash Invst BOY	1723243	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	1051643	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	1051643	SavingsAndTempCashInvstEOYFMV
Investments Govt Oblig BOY	698913	InvestmentsGovtObligBOY
Investments Govt Oblig EOY	1214590	InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV	1214590	InvestmentsGovtObligEOYFMV
Investments Corp Stock BOY	20378666	InvestmentsCorpStockBOY
Investments Corp Stock EOY	22906844	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	22906844	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	2596726	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	2449407	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	2449407	InvestmentsCorpBondsEOYFMV
Investments Other BOY	1076473	InvestmentsOtherBOY
Investments Other EOY	177130	InvestmentsOtherEOY
Investments Other EOYFMV	177130	InvestmentsOtherEOYFMV
Total Assets BOY	26474832	TotalAssetsBOY
Total Assets EOY	27802778	TotalAssetsEOY
Total Assets EOYFMV	27802778	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	18758996	CapitalStockBOY
Capital Stock EOY	18758996	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	7715836	RetainedEarningsBOY
Retained Earnings EOY	9043782	RetainedEarningsEOY
Total Net Assets BOY	26474832	TotalNetAssetsBOY
Total Net Assets EOY	27802778	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	26474832	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	27802778	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	26474832	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	975863	ExcessOfRevenueOverExpenses
Other Increases	352083	OtherIncreases
Subtotal	27802778	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	27802778	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Field	Value	IRS element (for citing)
Description Of Asset	SALE OF PUBLICLY TRADED SECURITIES	DescriptionOfAsset
Gross Sales Price	8816498	GrossSalesPrice
Cost Or Other Basis	6692191	CostOrOtherBasis
Gain Or Loss	2124307	GainOrLoss
Gains Minus Excess Or Losses	2124307	GainsMinusExcessOrLosses

Field	Value	IRS element (for citing)
Capital Gain Net Income	2124307	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	1855480	QualifyingDistributionsYear1
Noncharitable Assets Year1	27312638	NoncharitableAssetsYear1
Distribution Ratio Year1	0.067935	DistributionRatioYear1
Qualifying Distributions Year2	1878777	QualifyingDistributionsYear2
Noncharitable Assets Year2	25879066	NoncharitableAssetsYear2
Distribution Ratio Year2	0.072598	DistributionRatioYear2
Qualifying Distributions Year3	1727156	QualifyingDistributionsYear3
Noncharitable Assets Year3	24078652	NoncharitableAssetsYear3
Distribution Ratio Year3	0.071730	DistributionRatioYear3
Qualifying Distributions Year4	1880986	QualifyingDistributionsYear4
Noncharitable Assets Year4	32806867	NoncharitableAssetsYear4
Distribution Ratio Year4	0.057335	DistributionRatioYear4
Qualifying Distributions Year5	2400981	QualifyingDistributionsYear5
Noncharitable Assets Year5	39407642	NoncharitableAssetsYear5
Distribution Ratio Year5	0.060927	DistributionRatioYear5
Total Distribution Ratio	0.330525	TotalDistributionRatio
Average Distribution Ratio	0.066105	AverageDistributionRatio
Net Noncharitable Assets	27402467	NetNoncharitableAssets
Adjusted Noncharitable Assets	1811440	AdjustedNoncharitableAssets
One Percent Net Investment Income	26777	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	1838217	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	1684287	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	53553	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	53553	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	53553	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	43738	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	20000	TaxPaidWithExtension
Total Credits And Payments	63738	TotalCreditsAndPayments
Form2220 Attached	X	Form2220Attached
Penalty For Underpayment	18	PenaltyForUnderpayment
Overpayment	10167	Overpayment
Amount Credited To Next Year	10167	AmountCreditedToNextYear
Amount To Be Refunded	0	AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	MA	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	GMA FOUNDATIONS	BooksInCareOfPersonName
Books In Care Of Phone Number	6174267080	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	77 SUMMER STREET	AddressLine1
City	BOSTON	City
State	MA	State
ZIP Code	02110	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	1	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	1	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	0	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1	Address Line2USAddress/AddressLine2	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
ALEXANDER W HIAM
C/O GMA FOUNDATIONS 77 SUMMER	STREET	BOSTON	MA	02110	TRUSTEE	5.00	12000	0	0
HENRY U HARRIS III
C/O GMA FOUNDATIONS 77 SUMMER	STREET	BOSTON	MA	02110	TRUSTEE	5.00	12000	0	0
SUZANNE HARTE SEARS
C/O GMA FOUNDATIONS 77 SUMMER	STREET	BOSTON	MA	02110	TRUSTEE	5.00	12000	0	0
THOMAS C BECK
C/O GMA FOUNDATIONS 77 SUMMER	STREET	BOSTON	MA	02110	TRUSTEE	5.00	12000	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BIRCH HILL INVESTMENT ADVISORS LLC	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	24 FEDERAL STREET 10	AddressLine1
City	BOSTON	City
State	MA	State
ZIP Code	02110	ZIPCode

Field	Value	IRS element (for citing)
Type Of Service	INVESTMENT MANAGEMENT	TypeOfService
Compensation	55348	Compensation

Field	Value	IRS element (for citing)
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	26612345	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	1207418	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	27819763	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	27819763	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	417296	CashDeemedCharitable
Net Noncharitable Assets	27402467	NetNoncharitableAssets
Minimum Investment Return	1370123	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	1370123	MinimumInvestmentReturn
Tax Based On Investment Income	53553	TaxBasedOnInvestmentIncome
Total Tax	53553	TotalTax
Distributable Amount Before Adj	1316570	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	1316570	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	1316570	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	1684287	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	1684287	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	1684287	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	1316570	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year5	466051	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	277989	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	612795	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	634414	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	537210	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	2528459	TotalExcessDistriCarryover
Qualifying Distributions	1684287	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	1316570	AppliedToCurrentYear
Remaining Distri From Corpus	367717	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	2896176	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	0	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	466051	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	2430125	ExcessDistriCyovToNextYear
Excess From Year4	277989	ExcessFromYear4
Excess From Year3	612795	ExcessFromYear3
Excess From Year2	634414	ExcessFromYear2
Excess From Year1	537210	ExcessFromYear1
Excess From Current Year	367717	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	GMA FOUNDATIONS	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	77 SUMMER STREET	AddressLine1
City	BOSTON	City
State	MA	State
ZIP Code	02110	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	6174267080	RecipientPhoneNumber
Form And Info And Materials	BY LETTER SUBMITTED WITH COPY OF IRS EXEMPTION RULING	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	NO AWARDS ARE MADE TO INDIVIDUALS OR TO NON-US CHARITABLE ORGANIZATIONS.	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (71 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
ABINGTON FRIENDS SCHOOL
575 WASHINGTON LANE	JENKINTOWN	PA	19046	N/A	501(C)(3)	GENERAL OPERATIONAL SUPPORT	$30,000
BENNINGTON MUSEUM
75 MAIN STREET	BENNINGTON	VT	05201	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$20,000
BIG BROTHERS BIG SISTERS OF SOUTHERN MAINE
195 LANCASTER ST	PORTLAND	ME	04101	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$5,000
BOSTON BIOMEDICAL RESEARCH INSTITUTE
264 GROVE STREET	WATERTOWN	MA	02114	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$20,000
BOSTON MEDICAL CENTER
85 E CONCORD STREET	BOSTON	MA	02118	N/A	509(A)(1) & 170(B)(1	SPARK PROGRAM	$10,000
BOSTON SYMPHONY ORCHESTRA
301 MASSACHUSETTS AVENUE	BOSTON	MA	02115	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$25,000
BOYS & GIRLS CLUBS OF BOSTON
50 CONGRESS STREET SUITE 730	BOSTON	MA	02109	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$60,000
CANCER CARE FOUNDATION OF TIDEWATER
P O BOX 12693	NORFOLK	VA	23510	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$5,000
CHILDREN'S HOSPITAL BOSTON
300 LONGWOOD AVENUE	BOSTON	MA	02115	N/A	509(A)(1)	HEMATOLOGY-ONCOLOGY GARDEN	$25,000
CHRYSLER MUSEUM OF ART
245 WEST OLNEY ROAD	NORFOLK	VA	23510	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$15,000
EASTERN VIRGINIA MEDICAL SCHOOL
POST OFFICE BOX 1980	NORFOLK	VA	23501	N/A	509(A)	GENERAL OPERATIONAL SUPPORT	$25,000
EMERALD NECKLACE CONSERVANCY
891 CENTRE STREET	JAMAICA PLAIN	MA	02130	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$15,000
ESSEX COUNTY COMMUNITY FOUNDATION
175 ANDOVER STREET STE 101	DANVERS	MA	01923	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$25,000
FAY SCHOOL
48 MAIN ST	SOUTHBOROUGH	MA	01772	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$25,000
FOR KIDS
4200 COLLEY AVENUE	NORFOLK	VA	23508	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$25,000
FOUNTAIN HOUSE
425 WEST 47TH STREET	NEW YORK	NY	10036	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$15,000
FRIENDS OF MOUNT AUBURN CEMETERY
580 MOUNT AUBURN STREET	CAMBRIDGE	MA	02138	N/A	509(A)(1)	SUPPORT FOR THE HORTICULTURE CENTER	$20,000
FRIENDS OF THE CHILDREN - BOSTON INC
555 AMORY STREET	JAMAICA PLAIN	MA	02130	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$25,000
FRIENDS' CENTRAL SCHOOL
1101 CITY AVENUE	WYNNEWOOD	PA	19096	N/A	509(A)(1) & 170(B)(1	SUPPORT FOR GENERAL OPERATIONS	$10,000
FULL FRAME INITIATIVE
PO BOX 390955	CAMBRIDGE	MA	02139	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$20,000
GULF OF MAINE RESEARCH INSTITUTE
350 COMMERCIAL STREET	PORTLAND	ME	04101	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$20,000
HOME FOR LITTLE WANDERERS
271 HUNTINGTON AVENUE	BOSTON	MA	02115	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$10,000
HOSPICE OF THE NORTH SHORE AND GREATER BOSTON
75 SYLVAN STREET SUITE B-102	DANVERS	MA	01923	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$30,000
HOSPITAL FOR SPECIAL SURGERY
535 EAST 70TH STREET	NEW YORK	NY	10021	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$50,000
ISABELLA STEWART GARDNER MUSEUM
2 PLACE ROAD	BOSTON	MA	02115	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$20,000
JOSLIN DIABETES CENTER
ONE JOSLIN PLACE	BOSTON	MA	02215	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$35,000
LANDMARK SCHOOL
P O BOX 227	PRIDES CROSSING	MA	01965	N/A	509(A)(2)	CONSTRUCTION OF THE PLAYING FIELD	$25,000
MANOMET CENTER FOR CONSERVATION SCIENCES
81 STAGE POINT ROAD	MANOMET	MA	02345	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$35,000
MASSACHUSETTS AUDUBON SOCIETY
208 SOUTH GREAT ROAD	LINCOLN	MA	01773	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$10,000
MASSACHUSETTS GENERAL HOSPITAL
165 CAMBRIDGE STREET STE 600	BOSTON	MA	02114	N/A	509(A)(1) & 170(B)(1	SUPPORT FOR IN-VITRO FERTILIZATION CLINIC	$20,000
MASSACHUSETTS GENERAL HOSPITAL
165 CAMBRIDGE STREET STE 600	BOSTON	MA	02114	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$25,000
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVE E19-750	CAMBRIDGE	MA	02139	N/A	509(A)(1)	CO-LAB., DEPT. OF URBAN STUDIES AND PLANNING	$50,000
MUSEUM OF FINE ARTS
465 HUNTINGTON AVENUE	BOSTON	MA	02115	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$20,000
MUSEUM OF SCIENCE
SCIENCE PARK	BOSTON	MA	02114	N/A	509(A)(1)	HALL OF LIFE EXHIBIT SPACE	$50,000
NATIONAL SOCIETY OF THE COLONIAL DAMES OF AMERICA IN THE COMMONWEALTH OF MA
55 BEACON STREET	BOSTON	MA	02108	N/A	509(A)(2)	SUPPORT FOR BUILDING RENOVATIONS	$5,000
NEW ENGLAND AQUARIUM
CENTRAL WARF	BOSTON	MA	02110	N/A	509(A)(1)	SUPPORT FOR GENERAL OPERATIONS	$25,000
NORTHFIELD MOUNT HERMON UPWARD BOUND PROGRAM
206 MAIN ST	NORTHFIELD	MA	01360	N/A	501(C)(3)	GENERAL OPERATIONAL SUPPORT	$35,000
PINE STREET INN INC
444 HARRISON AVENUE	BOSTON	MA	02118	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$25,000
PLANNED PARENTHOOD OF SOUTHEASTERN VIRGINIA
403 YALE DRIVE	HAMPTON	VA	23666	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$10,000
POCUMTUCK VALLEY MEMORIAL ASSOCIATION
P O BOX 428	DEERFIELD	MA	01342	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$20,000
POSSE FOUNDATION INC
45 FRANKLIN STREET 3RD FLOOR	BOSTON	MA	02110	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$10,000
SCHEPENS EYE RESEARCH INSTITUTE INC
20 STANIFORD STREET	BOSTON	MA	02114	N/A	509(A)(1)	CENTER OF EXCELLENCE IN AMD RESEARCH	$50,000
SCHOOLYARD FILMS
12441 RIDGE ROAD	NORTH PALM BEACH	FL	33408	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$15,000
SOUTHERN VERMONT COLLEGE
982 MANSION DRIVE	BENNINGTON	VT	05201	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORTGENERAL OPERATIONAL SUPPORT	$15,000
SOUTHWESTERN VERMONT MEDICAL CENTER
100 HOSPITAL DRIVE	BENNINGTON	VT	05202	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$25,000
SPEARE MEMORIAL HOSPITAL
16 HOSPITAL ROAD	PLYMOUTH	NH	03264	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$20,000
SQUAM LAKES ASSOCIATION
P O BOX 204	HOLDERNESS	NH	03245	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$20,000
SQUAM LAKES NATURAL SCIENCE CENTER
23 SCIENCE CENTER ROAD	HOLDERNESS	NH	03245	N/A	509(A)(2)	ANNUAL FUND SUPPORT	$50,000
THE COMMON SCHOOL
PO BOX 2248	AMHERST	MA	01004	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$20,000
THE NEW YORK BOTANICAL GARDEN
2900 SOUTHERN BOULEVARD	BRONX	NY	10458	N/A	509(A)(1) & 170(B)(1	ANNUAL FUND SUPPORT	$40,000
THOMPSON ISLAND OUTWARD BOUND EDUCATION CENTER
PO BOX 127	BOSTON	MA	02127	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$10,000
UNITED NEGRO COLLEGE FUND
15 BROAD STREET	BOSTON	MA	02109	N/A	509(A)(1) & 170(B)(1	SUPPORT FOR SCHOLARSHIP FUNDING	$20,000
UNITED SOUTH END SETTLEMENTS
566 COLUMBUS AVENUE	BOSTON	MA	02118	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT AT CAMP HALE	$20,000
UNITED WAY OF MASSACHUSETTS BAY AND MERRIMACK VALLEY
51 SLEEPER STREET	BOSTON	MA	02110	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$75,000
VERMONT FOLKLIFE CENTER
88 MAIN STREET	MIDDLEBURY	VT	05753	N/A	509(A)(1) & 170(B)(I	GENERAL OPERATIONAL SUPPORT	$40,000
WENTWORTH INSTITUTE OF TECHNOLOGY
550 HUNTINGTON AVENUE	BOSTON	MA	02115	N/A	509(A)(1)	ANNUAL FUND SUPPORT	$20,000
WHOLE VILLAGE FAMILY RESOURCE CENTER
258 HIGHLAND STREET	PLYMOUTH	NH	03264	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$20,000
WINDRUSH FARM THERAPEUTIC EQUITATION INC
30 BROOKVIEW ROAD	BOXFORD	MA	01921	N/A	509(A)(1) & 170(B)(I	GENERAL OPERATIONAL SUPPORT	$25,000
BOSTON CLASSICAL ORCHESTRA
19 THATCHER STREET 3	BROOKLINE	MA	02246	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$10,000
CHILDREN'S EQUITATION CENTER
P O BOX 3010	ASHFIELD	MA	01330	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$10,000
HARC
900 ASYLUM AVENUE	HARTFORD	CT	06105	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$5,000
HEARTH INC
160 WASHINGTON STREET	BOSTON	MA	02118	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$10,000
IN-SIGHT PHOTOGRAPHY PROJECT
45 FLAT STREET SUITE 1	BRATTLEBORO	VT	05301	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$10,000
MACEDONIA CHURCH OF GOD IN CHRIST
1 BISHOP BRYANT ROBINSON SR ROAD	SPRINGFIED	MA	01129	N/A	CHURCH	CAPITAL SUPPORT FOR NEW CHURCH	$15,000
MCLEAN HOSPITAL
115 MILL STREET	BELMONT	MA	02478	N/A	509(A)(1) & 170(B)(1	COLLEGE MENTAL HEALTH PROGRAM	$15,000
NEW SCHOOL OF MUSIC
25 LOWELL STREET	CAMBRIDGE	MA	02138	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$10,000
PRESERVATION SOCIETY OF NEWPORT COUNTY
424 BELLEVUE AVENUE	NEWPORT	RI	02847	N/A	501(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$15,000
SAINT MARKS SCHOOL
25 MARLBORO ROAD	SOUTHBOROUGH	MA	01772	N/A	509(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$25,000
SENTARA HEALTHCARE
6015 POPLAR HILL DR SUITE 308	NORFOLK	VA	23502	N/A	501(A)(1) & 170(B)(1	GENERAL OPERATIONAL SUPPORT	$15,000
SPECIAL KIDS PHOTOGRAPHY
1497 N 775 WEST	WASHINGTON	UT	84780	N/A	509(A)(1)	GENERAL OPERATIONAL SUPPORT	$10,000
VIRGINIA ZOOLOGICAL SOCIETY
3500 GRANBY STREET	NORFOLK	VA	23504	N/A	509(A)(2)	GENERAL OPERATIONAL SUPPORT	$25,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	1610000	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$675,554	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$2,124,307	ExclusionAmount

Other Revenue Described OtherRevenueDescribed

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Exclusion Code	14	ExclusionCode
Exclusion	$76	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$2,799,937	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	2799937	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	TAX PREPARATION	Category
Amount	$6,400	Amount
Net Investment Income	0	NetInvestmentIncome
Disbursements Charitable Prps	6400	DisbursementsCharitablePrps

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
Name Of Bond	CHARLES SCHWAB INSTITUTIONAL	NameOfBond
EOY Book Value	2449407	EOYBookValue
EOYFMV	2449407	EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	CHARLES SCHWAB INSTITUTIONAL	NameOfStock
EOY Book Value	22906844	EOYBookValue
EOYFMV	22906844	EOYFMV

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Securities EOY Book Value	0	USGovtSecuritiesEOYBookValue
US Govt Securities EOYFMV	0	USGovtSecuritiesEOYFMV
State Local Securities EOY Book Val	1214590	StateLocalSecuritiesEOYBookVal
State Local Securities EOYFMV	1214590	StateLocalSecuritiesEOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

Field	Value	IRS element (for citing)
Category Or Item	CHARLES SCHWAB INSTITUTIONAL	CategoryOrItem
Listed At Cost Or FMV	FMV	ListedAtCostOrFMV
Book Value	177130	BookValue
EOYFMV	177130	EOYFMV

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	LEGAL FEES	Category
Amount	$2,000	Amount
Net Investment Income	0	NetInvestmentIncome
Disbursements Charitable Prps	2000	DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
POSTAGE	71	0	71
BANK SERVICE CHARGE	8	8	0
STATE FILING FEES	500	0	500

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Revenue And Expenses Per Books	76	RevenueAndExpensesPerBooks
Net Investment Income	76	NetInvestmentIncome
Adjusted Net Income	76	AdjustedNetIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	UNREALIZED GAIN ON INVESTMENTS	Description
Amount	$352,083	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
CUSTODIAN & MANAGEMENT FEES	$91,208	91208	0
GRANTS MANAGEMENT & BOOKKEEPING	$41,316	0	41316

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
FOREIGN TAXES PAID	$7,071	7071	0
FEDERAL EXCISE TAX	$17,500	0	0