2011-11-15T13:01:13-06:00 2010-12-31 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2010-01-01 042203829 LONGYEAR FOUNDATION LONG 6172789000 1125 BOYLSTON STREET CHESTNUT HILL MA 02467 SANDRA J HOUSTON 6172789000 2011-11-11 1 THOMAS WASHBURN CPA 5083669100 2010 2016-02-24 21:20:13Z SANDRA J HOUSTON 1125 BOYLSTON STREET CHESTNUT HILL MA 02467 7452519 0 X WWW.LONGYEAR.ORG X 1934 MA TO ADVANCE UNDERSTANDING OF THE LIFE & WORK OF MARY BAKER EDDY, DISCOVERER OF CHRISTIAN SCIENCE. 8 8 41 0 1454 -4651 3471894 3450482 27946 28801 -1620777 376988 206540 88994 2085603 3945265 0 0 0 0 1889281 2172213 0 0 489742 1819069 1709820 3708350 3882033 -1622747 63232 35902809 37387528 920528 1043987 34982281 36343541 LONGYEAR FOUNDATION IS AN INDEPENDENT HISTORICAL MUSEUM DEDICATED TO ADVANCING THE UNDERSTANDING OF THE LIFE AND WORK OF MARY BAKER EDDY, THE DISCOVERER, FOUNDER, AND LEADER OF CHRISTIAN SCIENCE. 0 0 1505697 THE COLLECTION AND PRESERVATION OF LITERARY WORKS, ARTIFACTS, AND DOCUMENTS OF MARY BAKER EDDY, FOUNDER OF THE FIRST CHURCH OF CHRIST, SCIENTIST. 560614 117795 EVENTS, PROGRAMS AND PUBLICATIONS TO EDUCATE THE PUBLIC ABOUT THE LIFE OF MARY BAKER EDDY. 557264 THE PRESERVATION, MAINTENANCE AND EXHIBITING OF HISTORIC HOUSES ONCE OWNED AND OCCUPIED BY MARY BAKER EDDY. 2623575 1 1 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 34 0 1 41 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MI MN MS NY NM NJ NH NC ND SC RI PA OR OK OH WA VA UT TN WV WI MO X X SANDRA J HOUSTON INTERIM EXECUTIVE DIRECTOR & VP 6172789000 1125 BOYLSTON STREET CHESTNUT HILL MA 02467 MR REID WAGSTAFF 6.00 X 0 0 0 MRS JUNE AUSTIN 5.00 X 0 0 0 MR JAMES S ROSEBUSH 5.00 X 0 0 0 MRS V ELLEN WILLIAMS 6.00 X 0 0 0 MR ROBERT B LARSEN 5.00 X X 0 0 0 MR MARK C TURRENTINE 5.00 X X 0 0 0 MRS GAIL HEWITT 10.00 X X 0 0 0 MR RICHARD C SAMPSON 5.00 X 0 0 0 MRS MELISSA ABBOTT 6.00 X 0 0 0 MRS ANNE MCCAULEY 40.00 X 116952 0 6998 MS SANDRA J HOUSTON 40.00 X 88864 0 5443 205816 0 12441 1 0 0 0 MARK TRUANT & ASSOCIATES INC 32 WARREN STREET CAMBRIDGE MA 02139 CONSTRUCTION MANAGEMENT SERVICES 632837 GARY WOLF ARCHITECTS INC 7 MARSHALL STREET BOSTON MA 02108 ARCHITECTURE 203702 SHAWMUT DESIGN & CONSTRUCTION 560 HARRISON AVENUE BOSTON MA 02118 CONSTRUCTION MANAGEMENT SERVICES 193693 AMS 800 SOUTH STREET SUITE 195 WALTHAM MA 02452 FINANCIAL, BUSINESS MGT. & ACCOUNTING 191045 4 91178 3359304 3450482 PROGRAMS FEES 900099 28801 28801 28801 121447 1454 119993 3710067 3454526 255541 255541 255541 133364 52728 80636 80636 OTHER INCOME 900099 8358 8358 8358 3945265 117795 1454 375534 218257 94307 123950 1676346 1052981 359425 263940 59837 42528 6109 11200 91007 61163 15023 14821 126766 84726 21839 20201 33551 33551 29662 29662 67097 5500 56344 5253 149753 94267 13003 42483 585935 531644 32161 22130 106890 12528 28055 66307 639408 574400 36880 28128 9258 9258 PROGRAM EVENTS 34406 34406 COLLECTION EXPENSE 23257 23257 MISCELLANEOUS 12750 12714 36 REGISTRATION AND OTHE F 10015 10015 PUBLICATIONS 7838 2610 5228 3882033 2623575 768716 489742 8742 188993 1867783 1750601 659830 446863 705606 137929 29379 32590 22305789 5881325 15965959 16424464 2103554 1339338 13327403 15631212 1234553 1435538 35902809 37387528 254199 476256 666329 567731 920528 1043987 X 23539790 25005220 10645876 10533806 796615 804515 34982281 36343541 35902809 37387528 X 63232 1298028 X X 0 1 1 X 0 X 4473813 3160099 2444561 3462979 3450482 16991934 4473813 3160099 2444561 3462979 3450482 16991934 3965133 13026801 559828 504203 400168 283684 121447 1869330 12412 11611 16114 6813 8358 55308 18916572 541831 0.68860 0.69230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4414441 35466 X X 0 5236530 60400 668543 299308 5666165 4807178 15000 727453 313101 5236530 6962682 25050 -1661516 519038 4807178 0.94790 0.05210 1 1 1 1948454 1948454 4184143 594075 3590068 10597745 2967327 7630418 1307845 1402034 -94189 4267602 917889 3349713 16424464 BENEFICIAL INTEREST IN PERPETUAL ENDOWMENT TRUSTS 9671509 F MUTUAL FUNDS 4382253 F INVESTMENT PARTNERSHIPS 798626 F ASSETS HELD FOR SPLIT-INTEREST AGREEMENTS 778824 F 15631212 ANNUITY PAYMENT LIABILITY 567731 567731 3945265 3882033 63232 412461 10455 875112 1298028 1361260 5296021 412461 10455 927840 1350756 3945265 0 3945265 3934761 52728 52728 3882033 0 3882033 PART III, LINE 4: THE FOUNDATIONS COLLECTIONS CONSIST OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, INCLUDING ORIGINAL DOCUMENTS, PHOTOGRAPHS, BOOKS, OBJECTS AND PAINTINGS. EACH ITEM IS CATALOGED FOR EDUCATION, RESEARCH, AND CULTURAL PURPOSES, AND ACTIVITIES CONCERNING CARE, APPROPRIATENESS TO LONGYEARS MISSION, VERIFICATION OF EXISTENCE AND ASSESSMENT OF CONDITION ARE PERFORMED ON AS REGULAR PROCESSES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATIONS ENDOWMENTS CONSIST OF BOARD-DESIGNATED ENDOWMENTS AND TRUE ENDOWMENTS RESTRICTED BY DONORS AGAINST ANY EXPENDITURES OF PRINCIPAL. ANNUAL DISTRIBUTIONS ARE MADE AVAILABLE TO SUPPORT THE ANNUAL OPERATING BUDGET BASED ON THE SPENDING POLICIES OF THE RESPECTIVE ENDOWMENT AGREEMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION FOLLOWS THE STANDARDS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER U.S. GAAP WHICH REQUIRES THE FOUNDATION 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. AT DECEMBER 31, 2010 THE FOUNDATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE FOUNDATION FILES INFORMATIONAL RETURNS IN THE UNITED STATES FEDERAL AND MASSACHUSETTS STATED JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 60,755. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ENDOWMENT TRUSTS 814,357. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 60,755. COST OF SALES 52,728. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ENDOWMENT TRUSTS 814,357. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 52,728. X X 0 0 0 0 0 0 0 0 0 X 32612 FAIR VALUE X 7 107441 FAIR VALUE X 79 10455 PROFESSIONAL ASSESSMENT 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 WAS PROVIDED AND APPROVED BY THE FOUNDATION'S BOARD OF TRUSTEES AND AUDIT COMMITTEE PRIOR TO FINAL SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE MUSEUM HAS ESTABLISHED A SYSTEM OF JOB CLASSIFICATIONS ACCORDING TO THE LEVEL OF EDUCATION, KNOWLEDGE, SKILL, RESPONSIBILITY, AND DECISION-MAKING. THE WAGE STRUCTURE REFLECTS THESE CLASSIFICATIONS AND IS INTENDED TO BE COMPETITIVE WITH THAT OF SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 FILINGS ARE PUBLIC ON THIRD PARTY WEBSITES SUCH AS GUIDESTAR AND LONGYEAR WILL RESPOND TO COMPLY WITH REQUESTS IT RECEIVES DIRECTLY FOR SUCH INFORMATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 412,461. DONATED SERVICES AND USE OF FACILITIES: 10,455. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 60,755. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ENDOWMENT TRUSTS 814,357. TOTAL TO FORM 990, PART XI, LINE 5: 1,298,028. THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE ANNUAL FINANCIAL STATEMENTS. NO CHANGES WERE MADE TO THIS OVERSIGHT PROCESS DURING FISCAL YEAR 2010. LONGYEAR HISTORICAL SOCIETY INC 58 STINSON LAKE RD RUMNEY NH 03266 999999999 HOLDS REAL ESTATE IN NEW HAMPSHIRE ON BEHALF OF THE LONGYEAR FOUNDATION NH LONGYEAR FOUNDATION FOUR HUNDRED BEACON CORP 1125 BOYLSTON STREET CHESTNUT HILL MA 02467 208069837 TO OWN, PRESERVE AND MAINTAIN 400 BEACON STREET PROPERTY. MA 501(C)(3) LINE 11A, I 0 MARY BEECHER LONGYEAR TRUST 1650 MARKET STREET SUITE 1200 PHILADELPHIA PA 19103 046011948 TO PROVIDE ANNUAL AND OTHER DISTRIBUTIONS TO THE FOUNDATION PA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 FOUR HUNDRED BEACON CORPORATION M 0 MARY BEECHER LONGYEAR TRUST R 1247024