2012-05-15T13:30:52-05:00 2011-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2011-01-01 200407083 GREENLIGHT FUND INC GREE 6172522570 2 CANAL PARK CAMBRIDGE MA 02141 MARGARET HALL 6172522570 2012-05-15 1 MATTHEW HUTT CPA P01070603 5083669100 2012-05-15 2011 2016-02-24 21:20:13Z MARGARET HALL 2 CANAL PARK CAMBRIDGE MA 02141 3134073 0 X WWW.GREENLIGHTFUND.ORG X 2003 MA THE GREENLIGHT FUND IDENTIFIES INNOVATIVE, HIGH-PERFORMING NONPROFITS IN CITIES ACROSS THE COUNTRY AND HELPS SUPPORT THEIR SUCCESSFUL EXPANSION INTO LOCAL COMMUNITIES WHEN THESE NONPROFITS SHOW THE RESULTS NEEDED TO HAVE A SIGNIFICANT IMPACT ON PRIORITY LOCAL ISSUES. 6 5 4 26 0 0 820867 2630793 0 0 11461 4265 -66639 16292 765689 2651350 779398 738677 0 0 210005 231312 0 0 35210 66529 107858 1055932 1077847 -290243 1573503 1864558 3509538 41478 112955 1823080 3396583 X THE GREENLIGHT FUND IDENTIFIES INNOVATIVE, HIGH-PERFORMING NONPROFITS IN CITIES ACROSS THE COUNTRY AND HELPS SUPPORT THEIR SUCCESSFUL EXPANSION INTO LOCAL COMMUNITIES WHEN THESE NONPROFITS SHOW THE RESULTS NEEDED TO HAVE A SIGNIFICANT IMPACT ON PRIORITY LOCAL ISSUES. 0 0 967763 738677 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 THE BOSTON AREA WITH SIGNIFICANT IMPACT.- PROVIDES START-UP AND EARLY-STAGE FUNDING BETWEEN $600,000 AND $800,000 DURING THE FIRST FOUR YEARS OF THE INITIATIVES' LIVES IN THE NEW COMMUNITY. - INTRODUCES ORGANIZATIONS IT SUPPORTS TO 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 SIX 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, AND SINGLE STOP USA. THESE ORGANIZATIONS ARE NOW REACHING APPROXIMATELY 13,000 LOW-INCOME YOUTH AND FAMILIES. AS OF DECEMBER 31, 2011, THE GREENLIGHT FUND HAS HELD 18 EVENTS TO SHOWCASE THE ORGANIZATIONS TO MORE THAN 500 INDIVIDUALS AND COMPANIES PRIMARILY FROM THE VENTURE CAPITAL AND HIGH TECH ENTREPRENEUR COMMUNITIES IN BOSTON, RAISING A TOTAL OF APPROXIMATELY $1,561,000. 967763 1 1 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 0 1 11 0 4 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 X X MARGARET HALL 6172522570 2 CANAL PARK CAMBRIDGE MA 02141 MARGARET HALL 40.00 X X 116857 0 8798 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 116857 0 8798 1 0 0 0 0 641348 1989445 2630793 4265 4265 499015 641348 482723 16292 16292 2651350 0 0 20557 738677 738677 125656 106807 6283 12566 92245 41569 33188 17488 5040 1251 2264 1525 8371 5569 1103 1699 10199 10199 21992 21992 12954 1363 11591 12555 9730 1726 1099 27357 27068 225 64 5020 2871 1380 769 2314 2314 MISCELLANEOUS 9592 8606 986 COMMUNICATIONS 3371 420 2951 DUES AND SUBSCRIPTIONS 2399 1840 559 BANK CHARGES 105 105 1077847 967763 74874 35210 668494 1236748 1111461 1115726 78890 1153290 5713 3774 1864558 3509538 41478 62955 50000 41478 112955 X 122164 112948 1700916 3283635 1823080 3396583 1864558 3509538 1573503 0 X X 0 1 1 X 0 X 1356344 2320487 1086044 820867 2630793 8214535 1356344 2320487 1086044 820867 2630793 8214535 2528317 5686218 930 913 446 11461 4265 18015 446858 510377 -115596 -66639 16292 791292 9023842 1410308 0.63010 0.56090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2651350 1077847 1573503 1573503 2680730 29380 29380 2651350 0 2651350 1107227 29380 29380 1077847 0 1077847 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2011, THE FUND DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. DINNER EVENT 503450 243450 260000 48470 75582 6000 128826 DINNER EVENT 401487 184987 216500 4948 15265 9336 83411 1 235426 212911 22515 22303 12960 3020 72602 1140363 641348 499015 75721 103807 18356 284839 482723 16292 1 RAISING A READER - MA 9B HAMILTON PLACE 3RD FLOOR BOSTON MA 02108 800297898 501(C)(3) 132246 GENERAL SUPPORT FRIENDS OF THE CHILDREN - BOSTON 555 ARMORY STREET BOSTON MA 02130 201581289 501(C)(3) 6000 GENERAL SUPPORT PEER HEALTH EXCHANGE CO SKADDEN ARPS SLATE MEAGHER & FLOM ONE BEACON ST BOSTON MA 02108 562374305 501(C)(3) 78614 GENERAL SUPPORT YOUTH VILLAGE 400 WEST CUMMINGS ROAD SUITE 5200 WOBURN MA 01801 621652079 501(C)(3) 196817 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) 125000 GENERAL SUPPORT 6 0 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 BOARDS OF DIRECTORS 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 78614 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (PEER HEALTH EXCHANGE) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUNDS MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 MARGARET HALL BOARD MEMBER 132246 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 FUNDS MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 MARGARET HALL BOARD MEMBER 196817 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (YOUTH VILLAGE) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUNDS MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 MARGARET HALL BOARD MEMBER 6000 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (FRIENDS OF THE CHILDREN-BOSTON) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUNDS MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 MARGARET HALL BOARD MEMBER 125000 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (SINGLE STOP) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUNDS MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 MARGARET HALL BOARD MEMBER 200000 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (FAMILY INDEPENDENCE INITIATIVE) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUNDS MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. 0 JOHN SIMON BOARD MEMBER 6000 THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (FRIENDS OF THE CHILDREN-BOSTON) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUNDS 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 WILL BE 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 BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS HAS NOT CHANGED FROM THE PRIOR YEAR.