2011-05-05T10:48:13-05:00 2010-12-31 ANSTISS &AMP CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2010-01-01 043266789 FOUNDATION FOR METROWEST INC FOUN 5086472260 21 ELIOT STREET NATICK MA 01760 JUDY SALERNO EXECUTIVE DIRECTOR 5086472260 2011-03-04 1 RICHARD B DIONNE 9784522500 2011-03-04 2010 2016-02-24 21:20:13Z JUDY SALERNO 21 ELIOT STREET NATICK MA 01760 8803172 0 X WWW.FOUNDATIONFORMETROWEST.ORG X 1995 MA THE FOUNDATION FOR METROWEST CONNECTS PHILANTHROPIC OPPORTUNITY WITH DEMONSTRATED NEED IN METROWEST. WE PROMOTE PHILNTHROPY IN THE REGION, HELP DONORS MAXIMIZE THE IMPACT OF THEIR LOCAL GIVING, SERVE AS A RESOURCE FOR LOCAL NON-PROFIT ORGANIZATIONS, AND ENHANCE THE QUALITY OF LIFE FOR ALL OF OUR CITIZENS. 11 11 9 48 0 0 690766 759235 7573 6982 -493648 222179 0 0 204691 988396 1000621 544463 0 0 238249 390935 0 0 141980 212010 285274 1450880 1220672 -1246189 -232276 8915180 9262674 547089 637606 8368091 8625068 X THE FOUNDATION FOR METROWEST CONNECTS PHILANTHROPIC OPPORTUNITY WITH DEMONSTRATED NEED IN METROWEST. WE PROMOTE PHILANTHROPY IN THE REGION, HELP DONORS MAXIMIZE THE IMPACT OF THEIR LOCAL GIVING, SERVE AS A RESOURCE FOR LOCAL NON-PROFIT ORGANIZATIONS, AND ENHANCE THE QUALITY OF LIFE FOR ALL OF OUR CITIZENS. 0 0 876745 544463 6982 TO ATTRACT FUNDS TO DISTRIBUTE GRANTS AND LOANS TO LOCAL AGENCIES BY CREATING AWARENESS AMONG COMMUNITY BUSINESSES AND THE GENERAL PUBLIC FOR CHARITABLE GIVING 876745 1 1 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 5 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X JUDY SALERNO 5086472260 21 ELLIOT STREET NATICK MA 01760 ROBERT D RANDS TRUSTEE 5.00 X 0 0 0 ROBERT B BRACK TRUSTEE 5.00 X 0 0 0 LAURIE KRIGMAN TREASURER 5.00 X X 0 0 0 JANET PATTILLO SECRETARY 5.00 X X 0 0 0 JOHN J O'NEIL TRUSTEE 5.00 X 0 0 0 JOHN STEIGER TRUSTEE 5.00 X 0 0 0 KATHAN TRACY TRUSTEE 5.00 X 0 0 0 MARGARET RAMSEY TRUSTEE 5.00 X 0 0 0 KENNETH VONA CHAIRMAN 5.00 X X 0 0 0 PAMELA LESSER VICE CHAIRMAN 5.00 X X 0 0 0 GARRY HOLMES TRUSTEE 5.00 X 0 0 0 JUDITH SALERNO EXECUTIVE DIRECTOR 20.00 X 105000 0 4798 105000 0 4798 1 0 0 0 0 759235 152119 759235 ADMINISTRATIVE FEE REV 523000 6982 6982 6982 184967 184967 7851988 7812993 1783 38995 -1783 37212 37212 988396 6982 0 222179 544463 544463 109798 76859 32939 239957 194042 28697 17218 1292 862 269 161 11223 7324 2599 1300 28665 16125 8492 4048 27312 27312 75855 75855 17873 11456 6417 26637 11795 11881 2961 178 178 45134 24534 14440 6160 3102 1745 919 438 18903 18903 314 314 10884 10884 2659 2659 DEVELOPMENT EXPENSES 31654 31654 MARKETING 14769 14769 SPECIAL EVENTS 0 ANNUAL REPORT 4675 4675 MISCELLANEOUS 2978 2978 2347 2188 159 1220672 876745 201947 141980 32475 124767 765056 253288 103187 217505 7894 10128 90286 52395 30318 37891 7976250 8619095 8915180 9262674 13454 18018 1000 32430 14680 532635 572478 547089 637606 X 3613435 3780633 2642723 2730727 2111933 2113708 8368091 8625068 8915180 9262674 X -232276 489253 X 0 1 1 X 0 X 2714760 1138709 697785 690766 759235 6001255 2714760 1138709 697785 690766 759235 6001255 408553 5592702 135856 224247 256640 185383 184967 987093 6988348 172105 0.80030 0.83360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38 55228 249303 4033486 1 1 4740507 85075 435832 233686 -103949 8892 5122785 4519119 65612 334824 145732 27961 5355 4740507 4695884 352011 -373634 110367 37872 6903 4519119 0.24000 0.41000 0.35000 0 0 33104 11310 21794 55501 39404 16097 1681 1681 0 37891 FISCAL AGENT ACCOUNTS 4254 AGENCY ENDOWMENTS 568224 572478 988396 1220672 -232276 489253 489253 256977 1557846 489253 80197 569450 988396 0 988396 1300869 80197 80197 1220672 0 1220672 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR MAKING GRANTS TO OTHER NON-PROFIT ORGANIZATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY FASB ASC 740-10, INCOME TAXES, TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATIONS INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE. THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMIN FEE EXPENSES NETTED AGAINST ADMIN FEE REVENUE PART XIII, LINE 2D - OTHER ADJUSTMENTS: ADMIN FEE EXPENSES NETTED AGAINST ADMIN FEE REVENUE 1 A PLACE TO TURN 90 HARTFORD STREET NATICK MA 01760 042790777 501(C)(3) 8500 FOOD SUPPORT ADOLESCENT CONSULTATION SERVICES 189 CAMBRIDGE STREET CAMBRIDGE MA 02141 043263996 501(C)(3) 5000 GENERAL SUPPORT CONGREGATION DORSHEI TZEDEK 60 HIGHLAND STREET WEST NEWTON MA 02465 043124781 7000 GENERAL SUPPORT ADVOCATES INC 1 CLARKS HILL SUITE 305 FRAMINGHAM MA 01702 237451423 501(C)(3) 20042 EMERGENCY HOUSING, EMERGENCY FAMILY SERVICES, PROGRAM SUPPORT, GENERAL SUPPORT BABSON COLLEGE 231 FOREST STREET BABSON PARK MA 02457 042103544 501(C)(3) 7000 THOMPSON FAMILY ENDOWMENT, ROBERT HOLMES MEMORIAL SCHOLARSHIP FUND, BABSON COLLEGE - WELLESLEY HOUSING AUTHORITY PARTNERSHIP CHARLES RIVER ASSOCIATION FOR RETARDED CITIZENS INC 59 EAST MILITIA HEIGHTS ROAD NEEDHAM MA 02492 042393108 501(C)(3) 8832 ART PROGRAMS AND CAMP OPPORTUNITIES CHARLES RIVER WATERSHED ASSOCIATION 190 PARK ROAD WESTON MA 02493 046136989 501(C)(3) 14586 PERMITTING SERVICES AND CONSTRUCTION DOCUMENTS CHESTERBROOK LEARNING CENTER 22 BROOKWAY ROAD WALTHAM MA 02452 412253173 501(C)(3) 5000 MENTORING, ACADEMIC AND ENRICHMENT AFTER SCHOOL THIRD SECTOR NEW ENGLAND 89 SOUTH STREET BOSTON MA 02111 042261109 501(C)(3) 5000 COMMUNITIES FOR RESTORATIVE JUSTICE - CYBER-BULLYING PREVENTION COMMUNITY THERAPEUTIC DAY SCHOOL 187 SPRING STREET LEXINGTON MA 02421 222725934 501(C)(3) 11000 SIBLING PROGRAM COOPERATIVE ELDER SERVICES INC 9 MERIAM STREET LEXINGTON MA 02420 042680168 501(C)(3) 5000 FINANCIAL ASSISTANCE TO ELDERS IN NEED OF IMMEDIATE HEALTH CARE EMPLOYMENT OPTIONS INC 82 BRIGHAM STREET MARLBOROUGH MA 01752 237089596 501(C)(3) 5000 PART-TIME PARENT PEER SPECIALIST ENTER STAGE LEFT THEATER INC 98 HAYDEN ROWE STREET HOPKINTON MA 01748 043497501 501(C)(3) 5200 PART-TIME ASSISTANT TO HELP WITH DEVELOPMENT OF A COMPREHENSIVE FUNDRAISING STRATEGY FRIENDS OF RESILIENCY FOR LIFE 115 A STREET FRAMINGHAM MA 01701 412275638 501(C)(3) 7000 ACADEMIC SUPPORT SERVICES PROGRAM GORE PLACE SOCIETY 52 GORE STREET WALTHAM MA 024536866 042104254 501(C)(3) 5000 CREATE SELF-GUIDED MULTI-MEDIA OUTDOOR TOURS AT GORE PLACE GREATER WALTHAM ARC 56 CHESTNUT STREET WALTHAM MA 02453 042441728 501(C)(3) 7500 SCHOOL TO WORK TRANSITIONS PROGRAM, RESPITE TIME FOR CAREGIVERS HOUSEHOLD GOODS RECYCLING MINISTRY 530 MAIN STREET ACTON MA 01720 043468139 501(C)(3) 5000 TO PROVIDE HOUSEHOLD GOODS FREE OF CHARGE TO LOW INCOME CLIENTS JEWISH FAMILY SERVICE OF METROWEST 475 FRANKLIN STREET FRAMIINGHAM MA 017026265 042730898 501(C)(3) 20000 GENERAL SUPPORT, WILSON SCHOOL FAMILY SUPPORT PROGRAM LAND'S SAKE INCORPORATED 27 CRESCENT STREET WESTON MA 02493 042702759 501(C)(3) 5000 OPPORTUNITIES FOR ENVIRONMENTAL EDUCATION OF YOUTH MORE THAN WORDS INC 376 MOODY STREET WALTHAM MA 02453 042784985 501(C)(3) 5000 TRANSITIONS PROGRAM NATICK SERVICE COUNCIL INC 2 WEBSTER STREET NATICK MA 01760 042433772 501(C)(3) 8000 FOOD SUPPORT, BEHAVIORAL HEALTH EVALUATION AND TREATMENT ORGANIZATION FOR THE ASSABET RIVER 23 BRADFORD STREET CONCORD MA 01742 042963426 501(C)(3) 5000 OUTREACH PROGRAMS FOR PEOPLE 98 LINCOLN STREET FRAMINGHAM MA 01702 042609789 501(C)(3) 10000 GENERAL SUPPORT REACH BEYOND DOMESTIC VIOLENCE PO BOX 540024 WALTHAM MA 02454 042735449 501(C)(3) 5000 COMMUNITY BASED PREVENTION AND ADVOCACY PROGRAM RENNIE CENTER FOR EDUCTION RESEARCH & POLICY 131 MOUNT AUBURN STREET CAMBRIDGE MA 02138 510548106 501(C)(3) 12500 RESEARCH AND OUTREACH ST MARY'S PARISH CENTER 22 SETON WAY RANDOLPH MA 02368 6400 GENERAL SUPPORT ST MARY'S WOMEN AND CHILDREN'S CENTER 90 CUSHING AVENUE DORCHESTER MA 02125 043201844 501(C)(3) 5000 SMALL CAN BE BIG PROGRAM COMMUNITY FARMS OUTREACH 240 BEAVER STREET WALTHAM MA 02452 043261186 501(C)(3) 5000 OUTREACH MARKET LOW INCOME FOOD SUPPORT PROGRAM WATCH INC 517 MOODY STREET WALTHAM MA 02453 222918528 501(C)(3) 5000 BREAKING BARRIERS PROGRAM WAYSIDE YOUTH & FAMILY SUPPORT NETWORK 1 FREDERICK ABBOTT WAY FRAMIINGHAM MA 01701 042630450 501(C)(3) 27000 PART-TIME CAREER SPECIALIST, YOUTH STIPENDS WELLESLEY HILLS JUNIOR WOMAN'S CLUB INC PO BOX 81278 WELLESLEY MA 02481 222512601 501(C)(3) 6500 ANNUAL LUMINARY NIGHT WOMEN OF MEANS 148 LINDEN STREET WELLESLEY MA 02482 043487205 501(C)(3) 20000 PROGRAM SUPPORT 30 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTEES ARE REQUIRED TO REPORT GRANT PROGRAM RESULTS TO THE COMMUNITY FOUNDATION WITHIN EIGHT MONTHS OF RECEIVING THEIR GRANTS. X 8 152119 QUOTED STOCK PRICE 0 0 1 1 THIRD PARTY USE: PART I, LINE 32B: STOCK CONTRIBUTIONS ARE SOLD BY INVESTMENT MANAGERS IMMEDIATELY UPON NOTIFICATION OF RECEIPT THEN THEY ARE REINVESTED IN ACCORDANCE WITH THE FOUNDATION'S INVESTMENT POLICY. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE AUDIT COMMITTEE WITH THE AUDITORS, THEN COPIES ARE PROVIDED TO ALL TRUSTEES FOR REVIEW AT THE NEXT FULL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURES MUST BE SIGNED BY ALL STAFF, TRUSTEES AND COMMITTEE MEMBERS, DISCLOSURES ARE SENT TO ALL TRUSTEES AS PART OF THE ANNUAL AUDIT PROCESS, COMMITTEE MEMBERS RECEIVE DISCLOSURES FOLLOWING THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS DETERMINED BASED ON: 360 PERFORMANCE REVIEW CONTAINING FEEDBACK FROM STAFF, TRUSTEES AND INDEPENDENT PERSONS AND REVIEW OF OTHER LOCAL COMMUNITY FOUNDATION SALARIES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORMS 990 AND FORM 1023 ARE AVAILABLE ON THE ORGANIZATION'S WEB SITE, ON GUIDESTAR AND UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEB SITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 489,253.