2011-04-18T08:49:33-05:00 2010-12-31 SMITH SULLIVAN & COMPANY PC 80 FLANDERS ROAD - SUITE 200 WESTBOROUGH MA 01581 990 2010-01-01 042103780 FRANKLIN SQUARE HOUSE FOUNDATION INC FRAN 6173123400 PO BOX 78037 BELMONT MA 02478 SUSAN SHELBY 6173123400 2011-04-04 1 LINDA M SMITH CPA 5088717178 2011-04-04 2010 2016-02-24 21:20:13Z SUSAN SHELBY PO BOX 78037 BELMONT MA 02478 7062285 0 X WWW.FRANKLINSQUAREHOUSEFOUNDATION.ORG X 1901 MA ALL WOMEN AND FAMILIES DESERVE ACCESS TO HIGH QUALITY HOUSING OPTIONS AND SUPPORTIVE SERVICES. 16 16 1 17 0 0 0 0 0 0 590360 1249865 13887 0 604247 1249865 626142 1093033 0 0 67000 75816 0 0 0 125930 139536 819072 1308385 -214825 -58520 21399261 22350173 28018 30605 21371243 22319568 X THE FRANKLIN SQUARE HOUSE FOUNDATION IS COMMITTED TO THE BELIEF THAT ALL WOMEN AND FAMILIES DESERVE ACCESS TO HIGH QUALITY HOUSING OPTIONS AND SUPPORTIVE SERVICES REQUIRED TO LIVE PRODUCTIVE AND SUCCESSFUL LIVES. TO THIS END, THE FOUNDATION SUPPORTS THE CREATION AND UPKEEP OF AFFORDABLE HOUSING AND THE CONTINUATION OF ESSENTIAL SERVICES, THEREBY PRESERVING THE FOUNDING PRINCIPLES OF THE FRANKLIN SQUARE HOUSE APARTMENTS. 0 0 1093033 1093033 0 AWARDS OF GRANTS FOR LOW-INCOME AND TRANSITIONAL HOUSING, CHILD CARE CENTERS AND COMMUNITY HEALTH PROGRAMS. 1093033 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X ROBERT E GOLDSTEIN EXECUTIVE DIRECTOR 6173123400 PO BOX 78037 BELMONT MA 02478 ROBERT E GOLDSTEIN 20.00 X X 70000 0 0 DAVID PARKER 1.00 X X 0 0 0 SUSAN SHELBY 1.00 X X 0 0 0 GEORGE MARSH JR 1.00 X X 0 0 0 VANESSA CALDERON-ROSADO 1.00 X X 0 0 0 VINCENT MCCARTHY 1.00 X 0 0 0 ELLEN CHRISTIE 1.00 X 0 0 0 JANET FRAZIER 1.00 X 0 0 0 JACK CURTIN 1.00 X 0 0 0 JEANNE PINADO 1.00 X 0 0 0 HEMMIE CHANG 1.00 X 0 0 0 SUZANNE KENNEY 1.00 X 0 0 0 JOHN HICKEY 1.00 X 0 0 0 YOON J LEE 1.00 X 0 0 0 ADAM ROBINSON 1.00 X 0 0 0 CHERYL FORTE 1.00 X 0 0 0 KEITH BARNETT 1.00 X X 0 0 0 70000 0 0 0 0 0 0 0 954313 954313 6107972 5812420 295552 295552 295552 1249865 0 0 1249865 1093033 1093033 70000 70000 5816 5816 6877 6877 21004 21004 79112 79112 5756 5756 10193 10193 4835 4835 9533 9533 2110 2110 MISCELLANEOUS 116 116 1308385 1093033 215352 0 71821 257771 2808488 1470045 1484 1484 18517468 20620873 21399261 22350173 28018 30605 28018 30605 X 21371243 22319568 21371243 22319568 21399261 22350173 X -58520 1006845 X X 0 1 1 X 0 X 2201270 1822170 4023440 2201270 1822170 4023440 0 0 0 4023440 110424 226979 475141 604247 954313 2371104 110424 226979 475141 604247 954313 2371104 2311694 2049149 475141 604247 954313 6394544 0.62920 0.79530 0.37080 0.20470 X 0 1249865 1308385 -58520 1006845 1006845 948325 2256710 1006845 1006845 1249865 0 1249865 1308385 0 1308385 0 1308385 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TAX POSITION: ACCOUNTING STANDARDS FOR INCOME TAXES PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE FOUNDATION ADOPTED THE PROVISIONS OF THIS STANDARD ON JANUARY 1, 2009. THE IMPLEMENTATION OF THIS STANDARD DID NOT HAVE ANY IMPACT ON THE FINANCIAL POSITION OR NET ASSETS OF THE FOUNDATION. THE PRIMARY TAX POSITIONS MADE BY THE FOUNDATION ARE THE EXISTENCE OF UNRELATED BUSINESS INCOME TAX AND THE FOUNDATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. EFFECTIVE JANUARY 1, 2011, THE FOUNDATION WILL OPERATIVE AS A PRIVATE FOUNDATION. THE FOUNDATION WILL THEN BE SUBJECT TO AN EXCISE TAX OF 2% (REDUCED TO 1% IF CERTAIN REQUIREMENTS ARE MET) ON NET INVESTMENT INCOME AND TO CORPORATE INCOME TAX RATES ON UNRELATED BUSINESS INCOME. THE FOUNDATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. FOR THE YEARS PRESENTED, THE FOUNDATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION. ALL TAX PERIODS PRIOR TO 2007 ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES. 1 ROSIE'S PLACE 889 HARRISON AVENUE BOSTON MA 02118 042582187 501(C)(3) 100000 TO ADVANCE THE ORGANIZATION'S MISSION DIMOCK COMMUNITY HEALTH CENTER 55 DIMOCK STREET ROXBURY MA 02119 043487835 501(C)(3) 100000 TO ADVANCE THE ORGANIZATION'S MISSION QUINCY COMMUNITY ACTION PROGRAMS INC 1509 HANCOCK STREET QUINCY MA 02169 042391348 501(C)(3) 100000 TO ADVANCE THE ORGANIZATION'S MISSION VICTORY PROGRAMS 965 MASSACHUSETTS AVENUE BOSTON MA 02118 042575322 501(C)(3) 100000 TO ADVANCE THE ORGANIZATION'S MISSION UNITARIAN UNIVERSALIST URBAN MINISTRY 10 PUTNAM STREET ROXBURY MA 02119 042105897 501(C)(3) 81300 TO ADVANCE THE ORGANIZATION'S MISSION LYNN HOME FOR YOUNG WOMEN INC 144 BROAD STREET LYNN MA 019011627 042104409 501(C)(3) 75000 TO ADVANCE THE ORGANIZATION'S MISSION WOMEN'S INSTITUTE FOR HOUSING AND ECONOMIC DEVELOPMENT INC 15 COURT SQUARE SUITE 210 BOSTON MA 02108 042733078 501(C)(3) 75000 TO ADVANCE THE ORGANIZATION'S MISSION COMMUNITY CARE SERVICES INC 70 MAIN STREET TAUNTON MA 02720 042506078 501(C)(3) 75000 TO ADVANCE THE ORGANIZATION'S MISSION CASA MYRNA VASQUEZ PO BOX 180019 ASHMONT MA 02124 042625710 501(C)(3) 65000 TO ADVANCE THE ORGANIZATION'S MISSION VICTORY PROGRAMS 965 MASSACHUSETTS AVENUE BOSTON MA 02118 042575322 501(C)(3) 63500 TO ADVANCE THE ORGANIZATION'S MISSION CRITTENTON WOMEN'S UNION ONE WASHINGTON MALL BOSTON MA 02108 042104046 501(C)(3) 50000 TO ADVANCE THE ORGANIZATION'S MISSION REACH BEYOND DOMESTIC VIOLENCE INC PO BOX 540024 WALTHAM MA 02454 042735449 501(C)(3) 50000 TO ADVANCE THE ORGANIZATION'S MISSION HOUSE OF HOPE INC 812 MERRIMACK STREET LOWELL MA 01854 042867965 501(C)(3) 48196 TO ADVANCE THE ORGANIZATION'S MISSION LYNN SHELTER ASSOCIATION 100 WILLOW STREET LYNN MA 02108 222603594 501(C)(3) 45000 TO ADVANCE THE ORGANIZATION'S MISSION HOUSING ASSISTANCE CORPORATION 460 WEST MAIN STREET HYANNIS MA 02601 237431255 501(C)(3) 43000 TO ADVANCE THE ORGANIZATION'S MISSION FRANKLIN SQUARE HOUSE DAY CARE CENTER INC 1575 TREMONT STREET ROXBURY CROSSING MA 02120 043028399 501(C)(3) 22037 TO ADVANCE THE ORGANIZATION'S MISSION 16 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: COMMITTEE REVIEW, OVERSIGHT BY THE EXECUTIVE DIRECTOR, GRANTEE REPORTING FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S AUDIT COMMITTEE MEETS TO REVIEW A DRAFT VERSION OF THE FORM 990 BEFORE IT IS FINALIZED AND FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL REVIEW IS MADE REGARDING THE STATEMENT OF INDEPENDENCE AND CONFLICT OF INTEREST FOR EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD MEMBER COMPENSATION AND SUCCESSION COMMITTEE ENGAGED AN OUTSIDE CONSULTANT TO ADVISE ON APPROPRIATE COMPENSATION LEVELS FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE EXECTUIVE DIRECTOR AT THE ORGANIZATION'S ADDRESS ON FILE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,006,845. PART XII, LINE 2C EXPLANATION THE BOARD OF DIRECTORS APPOINTED AN AUDIT COMMITTEE TO OVERSEE THE AUDIT PROCESS AND TO APPOINT THE INDEPENDENT AUDITOR.