2013-09-30T08:28:30-05:00 2012-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2012-01-01 200407083 GREENLIGHT FUND INC GREE 6179128981 200 CLARENDON STREET 9TH FLOOR BOSTON MA 02116 MARGARET HALL 6179128981 2013-09-18 1 MATTHEW HUTT CPA P01070603 5083669100 2013-09-18 2012 2016-02-24 21:20:13Z X MARGARET HALL 200 CLARENDON STREET 9TH FLOOR BOSTON MA 02116 1680670 0 X WWW.GREENLIGHTFUND.ORG X 2003 MA SEE SCHEDULE O THE GREENLIGHT FUND ADDRESSES THE CRITICAL NEEDS OF OUR CITIES' LOW-INCOME CHILDREN, YOUTH AND FAMILIES BY IDENTIFYING HIGH-PERFORMING, INNOVATIVE NONPROFITS IN OTHER COMMUNITIES AND SUPPORTING THEM TO EXPAND TO THE CITY WHEN THEY SHOW THE RESULTS NEEDED TO HAVE A SIGNIFICANT IMPACT ON LOCAL NEEDS. 6 5 8 45 0 0 2630793 1154201 0 0 4265 3819 16292 89742 2651350 1247762 738677 662775 0 0 231312 433533 0 0 31801 107858 124180 1077847 1220488 1573503 27274 3509538 3478840 112955 54983 3396583 3423857 X THE GREENLIGHT FUND ADDRESSES THE CRITICAL NEEDS OF OUR CITIES' LOW-INCOME CHILDREN, YOUTH AND FAMILIES BY IDENTIFYING HIGH-PERFORMING, INNOVATIVE NONPROFITS IN OTHER COMMUNITIES AND SUPPORTING THEM TO EXPAND TO THE CITY WHEN THEY SHOW THE RESULTS NEEDED TO HAVE A SIGNIFICANT IMPACT ON LOCAL NEEDS. 0 0 1100513 662775 GREENLIGHT'S CORE PROGRAM INCLUDES THE FOLLOWING ACTIVITIES:- IDENTIFIES, VETS, SELECTS AND HELPS LAUNCH INNOVATIVE, RESULTS-ORIENTED PROGRAMS THAT HAVE BEEN PROVEN ELSEWHERE AND HAVE HIGH POTENTIAL TO MEET CRITICAL NEEDS IN BOSTON, PHILADELPHIA, AND THE SAN FRANCISCO BAY AREA WITH SIGNIFICANT IMPACT.- PROVIDES START-UP AND EARLY-STAGE FUNDING DURING THE FIRST FOUR - FIVE YEARS OF THE INITIATIVES' PRESENCE IN THE NEW COMMUNITY. - HELPS ORGANIZATIONS IT SUPPORTS NAVIGATE THE NEW COMMUNITY AND MEET POTENTIAL DONORS, BOARD MEMBERS, AND VOLUNTEERS AT SEVERAL EVENTS DURING THE ORGANIZATION'S EARLY YEARS OF OPERATION INCLUDING THE GREENLIGHT GALA, AN EMERALD EVENING, AND THE VC'S VS. ENTREPRENEURS GOLF TOURNAMENT. GREENLIGHT FOCUSES ON CONNECTING THE ORGANIZATIONS TO INDIVIDUALS FROM THE VENTURE CAPITAL, HIGH TECH ENTREPRENEUR, AND PRIVATE EQUITY WORLDS.- LEVERAGES THE FINANCIAL PHILANTHROPIC INVESTMENTS MADE BY GREENLIGHT AND DONORS BY WORKING CLOSELY WITH THE ORGANIZATIONS TO HELP HIRE TALENTED LOCAL LEADERSHIP, BUILD A STRONG BOARD OF DIRECTORS, DEVELOP A STRONG AND DIVERSIFIED FUNDING BASE, AND EVALUATE PROGRESS AND RESULTS.SINCE ITS INCEPTION IN 2004, THE GREENLIGHT FUND HAS HELPED LAUNCH AND SUPPORT THE EXPANSION OF SEVEN INITIATIVES INTO THE BOSTON AREA: FRIENDS OF THE CHILDREN-BOSTON, RAISING A READER-MASSACHUSETTS, PEER HEALTH EXCHANGE, YOUTH VILLAGES TRANSITIONAL LIVING PROGRAM, THE FAMILY INDEPENDENCE INITIATIVE, SINGLE STOP USA AND THE NEW TEACHER CENTER. THESE ORGANIZATIONS ARE NOW REACHING APPROXIMATELY 20,000 LOW-INCOME YOUTH AND FAMILIES. AS OF DECEMBER 31, 2012, THE GREENLIGHT FUND HAS HELD 21 EVENTS TO SHOWCASE THE ORGANIZATIONS TO INDIVIDUALS AND COMPANIES PRIMARILY FROM THE VENTURE CAPITAL AND HIGH TECH ENTREPRENEUR COMMUNITIES IN BOSTON. IN 2012, GREENLIGHT FUND RAISED A TOTAL OF APPROXIMATELY $897,000 FROM THESE EVENTS. IN 2012, THE GREENLIGHT FUND LAUNCHED OPERATIONS IN PHILADELPHIA AND THE SAN FRANCISCO BAY AREA WITH THE HIRING OF EXECUTIVE DIRECTORS FOR GREENLIGHT PHILADELPHIA AND GREENLIGHT SAN FRANCISCO BAY AREA. 1100513 1 1 0 0 0 0 0 0 0 0 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 1 0 0 0 0 0 0 0 0 0 1 13 0 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA PA CA X X MARGARET HALL 6179128981 200 CLARENDON STREET BOSTON MA 02116 MARGARET HALL 40.00 X X 121045 0 8754 JOHN SIMON 5.00 X X 0 0 0 MICHAEL DANZIGER 1.00 X X 0 0 0 ANDREW B HAHN 1.00 X 0 0 0 MICHELE JOLIN 1.00 X 0 0 0 HEMANT TANEJA 1.00 X 0 0 0 CASEY JOHNSON 40.00 X 71115 0 0 MATT JOYCE 40.00 X 81404 0 8590 273564 0 17344 1 0 0 0 0 374716 44623 734862 1154201 3819 3819 522650 374716 432908 89742 89742 1247762 0 0 93561 662775 662775 306766 251120 37337 18309 95522 66510 23683 5329 6356 3670 1292 1394 24889 19859 3531 1499 19318 14610 4708 6828 1966 4659 203 2118 441 1677 32000 26831 3486 1683 25008 23928 484 596 14851 11818 1288 1745 3852 2312 1540 MISCELLANEOUS 9201 7655 503 1043 COMMUNICATIONS 6199 2453 3746 DUES AND SUBSCRIPTIONS 2469 2285 184 MINOR EQUIPMENT 2291 2235 56 45 45 1220488 1100513 88174 31801 1236748 2032023 1115726 1116584 1153290 260000 52576 3774 17657 3509538 3478840 62955 54983 50000 112955 54983 X 112948 228791 3283635 3195066 3396583 3423857 3509538 3478840 27274 0 X X 0 1 X 1 0 X 2320487 1086044 820867 2630793 1154201 8012392 2320487 1086044 820867 2630793 1154201 8012392 2721204 5291188 913 446 11461 4265 3819 20904 510377 -115596 -66639 16292 89742 434176 8467472 1053192 0.62490 0.63010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1295248 47486 47486 1247762 0 1247762 1267974 47486 47486 1220488 0 1220488 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FUND FOLLOWS THE CRITERIA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE FUND TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF DECEMBER 31, 2012, THE FUND DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. DINNER EVENT 189432 44282 145150 11498 17867 2900 54457 DINNER EVENT 240313 72813 167500 12988 12000 10000 62251 1 467621 257621 210000 19862 64117 6100 158868 897366 374716 522650 44348 93984 19000 275576 432908 89742 1 RAISING A READER - MA 9B HAMILTON PLACE 3RD FLR BOSTON MA 02108 800297898 501 (C)(3) 37275 GENERAL SUPPORT YOUTH VILLAGES 400 WEST CUMMINGS ROAD SUITE 5200 WOBURN MA 01801 621652079 501 (C)(3) 85500 GENERAL SUPPORT FAMILY INDEPENDENCE INITIATIVE 1203 PRESERVATION PARKWAY SUITE 100 100 OAKLAND CA 94612 020784790 501 (C)(3) 200000 GENERAL SUPPORT SINGLE STOP USA 1825 PARK AVENUE SUITE 503 NEW YORK NY 10035 208337690 501 (C)(3) 200000 GENERAL SUPPORT NEW TEACHER CENTER 725 FRONT ST SUITE 400 SANTA CRUZ CA 95060 262427526 501 (C)(3) 140000 GENERAL SUPPORT 5 THE GREENLIGHT FUND MONITORS THE USE OF FUNDS GRANTED TO ORGANIZATIONS THROUGH ANNUAL REPORTS FROM THE ORGANIZATIONS. IN ADDITION, GREENLIGHT FUND REPRESENTATIVES (THE BOARD CHAIR AND/OR THE EXECUTIVE DIRECTOR) SERVE ON THE LOCAL BOARDS OF DIRECTORS OR BOARDS OF ADVISORS OF ALL NONPROFIT ORGANIZATIONS THAT RECEIVE FUNDS. AS BOARD MEMBERS OF FUNDED ORGANIZATIONS, THESE GREENLIGHT FUND REPRESENTATIVES REVIEW QUARTERLY FINANCIAL INFORMATION, ANNUAL AUDITED FINANCIAL STATEMENTS, AND ONGOING REPORTS ON PROGRAM RESULTS AND OUTCOMES. MARGARET HALL BOARD MEMBER 37275 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (RAISING A READER - MA) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUND'S MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 MARGARET HALL BOARD MEMBER 85500 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (YOUTH VILLAGES) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUND'S MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 MARGARET HALL BOARD MEMBER 140000 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (NEW TEACHER CENTER) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUND'S MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 FORM 990, PART VI, SECTION A, LINE 8B GREENLIGHT FUND DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AND THE BOARD CHAIRMAN REVIEWS A COPY OF THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD AND ANNUALLY ALL BOARD MEMBERS REVIEW AND SIGN THE POLICY AS PART OF THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR WAS BASED ON COMPARABILITY DATA AT THE DATE OF HIRE AND IS REVIEWED, BASED ON COMPARABILITY DATA, EVERY FIVE YEARS. EACH YEAR THE BOARD CHAIRMAN REVIEWS THE EXECUTIVE DIRECTOR SALARY AND APPROVES THE NEXT YEAR'S SALARY DURING THE ANNUAL PERFORMANCE REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL LEGALLY REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER DOCUMENTS INCLUDING GOVERNING POLICIES AND FINANCIAL STATEMENTS ARE CONSIDERED AND PROVIDED UPON REQUEST ON A CASE-BY-CASE BASIS. FORM 990, PART XII, LINE 2C THE ORGANIZAITON HAS NOT CHANGED THE PROCESS FROM THE PRIOR YEAR.