Broad Family Charitable Foundation Inc: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
Broad Family Charitable Foundation Inc (EIN 37-1446385)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-04-27
IRS object ID
201211189349101001
Schema version
2011v1.2
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

FieldValueIRS element (for citing)
Timestamp2012-04-27T16:24:53-07:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN371446385EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BROAD FAMILY CHARITABLE FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBROANameControl
Phone6175495543Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 307AddressLine1
CityNEWTONVILLECity
StateMAState
ZIP Code02460ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMICHAEL BROADName
TitlePRESIDENTTitle
Phone6175495543Phone
Date Signed2012-04-07DateSigned
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY154020FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss2887DividendsRevAndExpnss
Dividends Net Invst Incm2887DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses2887TotalRevenueAndExpenses
Total Net Investment Income2887TotalNetInvestmentIncome
Taxes Rev And Expnss26TaxesRevAndExpnss
Other Expenses Rev And Expnss579OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss605TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss6275ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps6275ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss6880TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps6275TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-3993ExcessOfRevenueOverExpenses
Net Investment Income2887NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY5924CashBOY
Cash EOY6516CashEOY
Cash EOYFMV6516CashEOYFMV
Savings And Temp Cash Invst BOY4075SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY7162SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV7162SavingsAndTempCashInvstEOYFMV
Investments Other BOY146451InvestmentsOtherBOY
Investments Other EOY137342InvestmentsOtherEOY
Investments Other EOYFMV137342InvestmentsOtherEOYFMV
Other Assets BOY3000OtherAssetsBOY
Other Assets EOY3000OtherAssetsEOY
Other Assets EOYFMV3000OtherAssetsEOYFMV
Total Assets BOY159450TotalAssetsBOY
Total Assets EOY154020TotalAssetsEOY
Total Assets EOYFMV154020TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY159450UnrestrictedBOY
Unrestricted EOY154020UnrestrictedEOY
Total Net Assets BOY159450TotalNetAssetsBOY
Total Net Assets EOY154020TotalNetAssetsEOY
Total Liabilities Net Assets BOY159450TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY154020TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY159450TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-3993ExcessOfRevenueOverExpenses
Other Increases-1437OtherIncreases
Subtotal154020Subtotal
Total Net Assets Fund Balances EOY154020TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year15629QualifyingDistributionsYear1
Noncharitable Assets Year1153820NoncharitableAssetsYear1
Distribution Ratio Year10.036595DistributionRatioYear1
Qualifying Distributions Year24149QualifyingDistributionsYear2
Noncharitable Assets Year2126414NoncharitableAssetsYear2
Distribution Ratio Year20.032821DistributionRatioYear2
Qualifying Distributions Year35515QualifyingDistributionsYear3
Noncharitable Assets Year3159489NoncharitableAssetsYear3
Distribution Ratio Year30.034579DistributionRatioYear3
Qualifying Distributions Year45420QualifyingDistributionsYear4
Noncharitable Assets Year4184863NoncharitableAssetsYear4
Distribution Ratio Year40.029319DistributionRatioYear4
Qualifying Distributions Year55960QualifyingDistributionsYear5
Noncharitable Assets Year5163540NoncharitableAssetsYear5
Distribution Ratio Year50.036444DistributionRatioYear5
Total Distribution Ratio0.169758TotalDistributionRatio
Average Distribution Ratio0.033952AverageDistributionRatio
Net Noncharitable Assets149092NetNoncharitableAssets
Adjusted Noncharitable Assets5062AdjustedNoncharitableAssets
One Percent Net Investment Income29OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One5091AdjNonchrtblAssetsAndOnePct
Qualifying Distributions6275QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax29InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal29Subtotal
Tax Based On Investment Income29TaxBasedOnInvestmentIncome
Tax Paid Original Return0TaxPaidOriginalReturn
Tax Due29TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithMAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameMICHAEL BROADBooksInCareOfPersonName
Books In Care Of Phone Number6175495543BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 600307AddressLine1
CityNEWTONVILLECity
StateMAState
ZIP Code024600307ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersontrueFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

FieldValueIRS element (for citing)
Person NameMICHAEL BROADPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 600307AddressLine1
CityNEWTONVILLECity
StateMAState
ZIP Code02460ZIPCode
FieldValueIRS element (for citing)
TitlePres,TreasTitle
Avg Hours Per Wk Devoted To Position0.50AvgHoursPerWkDevotedToPosition
Compensation0Compensation
Contri To Empl Benefit Plans Etc0ContriToEmplBenefitPlansEtc
Expense Account Other Allowances0ExpenseAccountOtherAllowances
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities140356AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances11006AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets151362TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets151362AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable2270CashDeemedCharitable
Net Noncharitable Assets149092NetNoncharitableAssets
Minimum Investment Return7455MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return7455MinimumInvestmentReturn
Tax Based On Investment Income29TaxBasedOnInvestmentIncome
Total Tax29TotalTax
Distributable Amount Before Adj7426DistributableAmountBeforeAdj
Distributable Amount Before Ded7426DistributableAmountBeforeDed
Distributable Amount As Adjusted7426DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions6275ExpensesAndContributions
Qualifying Distributions6275QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm29OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions6246AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted7426DistributableAmountAsAdjusted
Undistributed Income Prior Year7665UndistributedIncomePriorYear
Excess Distri Carryover Year45483ExcessDistriCarryoverYear4
Excess Distri Carryover Year35549ExcessDistriCarryoverYear3
Excess Distri Carryover Year24149ExcessDistriCarryoverYear2
Excess Distri Carryover Year15655ExcessDistriCarryoverYear1
Total Excess Distri Carryover20836TotalExcessDistriCarryover
Qualifying Distributions6275QualifyingDistributions
Remaining Distri From Corpus6275RemainingDistriFromCorpus
Total Corpus27111TotalCorpus
Taxable Amount27665TaxableAmount2
Undistributed Income CY7426UndistributedIncomeCY
Excess Distri Cyov To Next Year27111ExcessDistriCyovToNextYear
Excess From Year45483ExcessFromYear4
Excess From Year35549ExcessFromYear3
Excess From Year24149ExcessFromYear2
Excess From Year15655ExcessFromYear1
Excess From Current Year6275ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerMICHAEL BROADContributingManager
Shareholder ManagerNONEShareholderManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (11 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
COMMUNITY WORKS
25 WEST STBOSTONMA02111publiccharitygeneral support$500
RIVERSIDE COMMUNITY CARE
450 WASHINGTON STDEDHAMMA02026publiccharitygeneral support$1,750
INSTITUTE FOR POLICY STUDIES
1112 16TH ST NWWASHINGTODC20005publiccharitygeneral support$500
THE SECOND STEP INC
BOX 600213NEWTONVILLEMA02460publiccharitygeneral support$500
ROOM TO READ
111 SUTTER STREET 16TH FLSAN FRANCISCOCA94104publiccharitygeneral support$1,000
WATER WAY ARTS HEALTH & ENERGY INC
1615 BEACON STREETBROOKLINEMA02446publiccharitygeneral support$500
NEW ENG CENTER HOMELESS VETERANS
17 COURT STBOSTONMA02108publiccharitygeneral support$250
AMERICAN REFUGEE COMMITTEE
430 OAK GROVE STREET 204MINNEAPOLISMN55403publiccharitygeneral support$500
NETWORK FOR GOOD
7920 NORFOLK AVE 520BETHESDAMD20814publiccharitygeneral support$25
MASS GEN'L HOSPITAL
FRUIT STREETBOSTONMA02108publiccharityThomas DurantFellowship$250
HIMALAYAN YOUTH FOUNDATION INC
106 S INTERLACHEN AVE 619WINTER PARKFL32789publiccharitygeneral support$500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year6275TotGrantOrContriPaidDuringYear

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanation

FieldValueIRS element (for citing)
IdentifierPart VII-B, Item 1(a)(3)Identifier
ExplanationTHE CORPORATION IS OPERATED OUT OF THE BUSINESS OFFICE OF THE PRESIDENT AND THUS RECEIVES OFFICE SPACE, SERVICES, AND OFFICE SUPPLIES FROM A DISQUALIFIED PERSON. THERE IS NO CHARGE TO THE CORPORATION OR PAYMENT TO THE PRESIDENT FOR THESE ITEMS.Explanation

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (13 entries)

Category Or ItemCategoryOrItemBook ValueBookValueEOYFMVEOYFMV
125 Sh. iShares MSCI Pacific Ex Japan Index Fd48664866
150 Sh. iShares FTSE/XINHAU China 25 Index Fd52315231
225 Sh. iShares MSCI Emerging Markets Index Fd85378537
100 Sh. iShares IBOXX $ Inv Gr Corp Bd Fund1137611376
100 Sh. iShares Barclay 1-3 Yr Trsy Bd Fund84508450
150 Sh. iShares MSCI EAFE Index Fund74307430
80 Sh. iShares Cohen & Steers (ICF)56185618
200 Sh. iShares Russell 1000 Value Index Fund1269612696
300 Sh. iShares Russell 2000 Value Index Fund1969219692
100 Sh. iShare Russell 2000 Index Fund73757375
200 Sh. iShare S&P Europe 350 Index Fund67486748
160 Sh. S&P Midcap 400 Dep Receipts2551825518
110 Sh. S&P Depository Receipt1380513805

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionPRI Loans to ACCION USA at zero interestDescription
BOY Book Value3000BOYBookValue
EOY Book Value3000EOYBookValue
EOYFMV3000EOYFMV

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionPRI Loans to ACCION USA at zero interestDescription
BOY Book Value3000BOYBookValue
EOY Book Value3000EOYBookValue
EOYFMV3000EOYFMV

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionPRI Loans to ACCION USA at zero interestDescription
BOY Book Value3000BOYBookValue
EOY Book Value3000EOYBookValue
EOYFMV3000EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooks
MA Sec of State Fee37
MA A.G. Filing Fee35
Assn Small Found Mmbrshp495
Bank Service Fee12

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionChange in Investment ValueDescription
Amount-$1,437Amount

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
Category2010 990-PFCategory
Amount$26Amount

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