2026-09-21T11:16:05-05:00 2026-03-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2025-04-01 042234126 THE FRANCIS OUIMET SCHOLARSHIP FUND INC FRAN 7744309090 300 ARNOLD PALMER BOULEVARD NORTON MA 02766 KEVIN MACLAUGHLAN PRESIDENT 7744309092 2026-09-21 1 THOMAS F MULDOON CPA P01561688 5083669100 2026-09-21 2025 KEVIN MACLAUGHLAN 300 ARNOLD PALMER BOULEVARD NORTON MA 02766 14569723 0 X OUIMET.ORG X 1949 MA THE FRANCIS OUIMET SCHOLARSHIP FUND AWARDS MILLIONS IN NEED-BASED COLLEGE AND TRADE SCHOOL SCHOLARSHIPS EACH YEAR TO DESERVING YOUNG MEN AND WOMEN WHO HAVE WORKED AT MASSACHUSETTS GOLF COURSES FOR TWO OR MORE YEARS. 62 61 10 238 0 0 5864813 6785938 0 0 1259703 1388446 -54464 -332151 7070052 7842233 3518277 3672097 0 0 1369266 1489456 0 0 1221349 887936 832987 5775479 5994540 1294573 1847693 33333314 36983896 1780246 1103016 31553068 35880880 X THE OUIMET FUND'S PURPOSE IS TO HELP DESERVING YOUNG MEN AND WOMEN, WHO HAVE WORKED AT GOLF COURSES IN MASSACHUSETTS, FUND THEIR POST-SECONDARY EDUCATION. WE PROVIDE NEED-BASED COLLEGE AND TRADE SCHOOL SCHOLARSHIPS, WHICH ARE RENEWABLE FOR FOUR YEARS, WITH SOME STUDENTS RECEIVING AS MUCH AS $80,000.SINCE 1949, THE FUND HAS AWARDED $57 MILLION IN NEED-BASED SCHOLARSHIPS TO NEARLY 7,000 DESERVING MEN AND WOMEN ACROSS THE STATE. OUIMET SCHOLARS EXCEL IN THE CLASSROOM, GRADUATING AT A 91% RATE AND ACHIEVING A 3.5 COLLECTIVE GPA.THE OUIMET FUND IS THE LARGEST INDEPENDENT SCHOLARSHIP FUND IN NEW ENGLAND, AND WORKS TO ENHANCE THE LEGACY OF MR. OUIMET BY GROWING THE SCHOLARSHIP FUND HE LOVED SO DEARLY. 0 0 4232837 3672097 THE FRANCIS OUIMET SCHOLARSHIP FUND AWARDS MILLIONS IN NEED-BASED COLLEGE AND TRADE SCHOOL SCHOLARSHIPS EACH YEAR TO DESERVING YOUNG MEN AND WOMEN WHO HAVE WORKED AT MASSACHUSETTS GOLF COURSES FOR TWO OR MORE YEARS.2025-2026 SCHOLARSHIP PROFILE 317 INDIVIDUALS RECEIVING FINANCIAL AWARDS (AVERAGE OF $10,525)218 "HONORARY" SCHOLARS RECEIVING MONETARY "BOOK AWARD" ($750)159 COLLEGES ATTENDED BY SCHOLARS127 CLUBS REPRESENTED BY SCHOLARS93 FEMALE SCHOLARS80 INNER-CITY SCHOLARSSCHOLARS' GOLF EMPLOYMENT: 48% CADDIES 46% PRO SHOP 6% COURSE SUPERINTENDENT 4232837 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 10 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 62 61 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X COLIN MCGUIRE 7744309090 300 ARNOLD PALMER BLVD NORTON MA 02766 MR COLIN R MCGUIRE EXECUTIVE DIRECTOR 40.00 X X 197250 0 44026 MR KEVIN J MACLAUGHLAN PRESIDENT, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 MS JUDY P FRODIGH 1ST VP, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 MR JOHN F DOLAN III 2ND VP, CLUB RELATIONS CHAIR, EXEC. COMM. 1.00 X X 0 0 0 MR JOHN C AGOSTINO TREASURER, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 MR STEVE BROOK CLERK & COUNSEL, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 MR SCOTT J ADLER DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR THOMAS F BAGLEY DIRECTOR, EXECUTIVE COMMITTE 1.00 X 0 0 0 MS MARIE E CHALMERS DIRECTOR, SCHOLARSHIP CHAIR, EXEC. COMM. 1.00 X 0 0 0 MR RICHARD F CONNOLLY DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR GREGORY J GAILIUS DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR J DUNCAN GRATTON IMMEDIATE PAST PRESIDENT, EXEC. COMM. 1.00 X 0 0 0 MR JEFFREY R HOLLAND DEVELOPMENT COMMITTEE CHAIR, EXEC. COMM. 1.00 X 0 0 0 MR THOMAS J MARTIN DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MS ALISON WALSHE DIRECTOR, EXECUTIVE COMMITTEE 1.00 X 0 0 0 MR DAVID A BAMEL DIRECTOR 1.00 X 0 0 0 MR JAMES D BLUE DIRECTOR 1.00 X 0 0 0 MR PAUL D BOUDREAU DIRECTOR 1.00 X 0 0 0 MR NEAL CAMMARANO DIRECTOR 1.00 X 0 0 0 MR RYAN CONNOLLY DIRECTOR 1.00 X 0 0 0 MR PATRICK DALTON DIRECTOR 1.00 X 0 0 0 MR STEPHEN C DEMIRJIAN DIRECTOR 1.00 X 0 0 0 MR JASON D DEVITO DIRECTOR 1.00 X 0 0 0 MR CHARLES J DIGRANDE DIRECTOR 1.00 X 0 0 0 MR MICHAEL H DOUVADJIAN DIRECTOR 1.00 X 0 0 0 MS DENISE EDDY DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MR PATRICK A FISCHOEDER DIRECTOR 1.00 X 0 0 0 MS JOANNE FLYNN DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MR DAVID FREM DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MS JOANNE GAGNON DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MR JOHN F GALLAGHER III DIRECTOR 1.00 X 0 0 0 MR ROB D GOODRICH DIRECTOR 1.00 X 0 0 0 MS STEPHANIE GREANEY DIRECTOR 1.00 X 0 0 0 MR WILLIAM L HEALY MD DIRECTOR 1.00 X 0 0 0 MR JAMES W HUNT III DIRECTOR 1.00 X 0 0 0 MR NATHAN H INGRAM DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MR BRIAN A JOHNSON DIRECTOR 1.00 X 0 0 0 MR TERRENCE G KENNEDY DIRECTOR 1.00 X 0 0 0 MR DONALD J KILBRIDE DIRECTOR 1.00 X 0 0 0 MR BO KIMYACHI DIRECTOR 1.00 X 0 0 0 MR CHRIS LINDNER DIRECTOR 1.00 X 0 0 0 MR MARK LUND DIRECTOR 1.00 X 0 0 0 MR DANIEL MAGALETTA DIRECTOR 1.00 X 0 0 0 MS HOLLY MCGRATH DIRECTOR 1.00 X 0 0 0 MR ANDREW J MINGLE DIRECTOR 1.00 X 0 0 0 MS JENNIFER MISIASZEK DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MR JAMES W MORIARTY DIRECTOR 1.00 X 0 0 0 MS CORINNE MUNCHBACH DIRECTOR 1.00 X 0 0 0 MR RICHARD M MYNAHAN JR DIRECTOR 1.00 X 0 0 0 MR MARK OHANIAN DIRECTOR 1.00 X 0 0 0 MR ERIC RICHARDSON DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MR SEAN P RIORDAN DIRECTOR 1.00 X 0 0 0 MR CHRISTOPHER L RUMUL DIRECTOR 1.00 X 0 0 0 MR SEAN C RUSH DIRECTOR 1.00 X 0 0 0 MR PATRICK J SCANNELL DIRECTOR 1.00 X 0 0 0 MR ROBERT SHORTER DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MR JAMES TEDESCO DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 MR MICHAEL S WALKER DIRECTOR 1.00 X 0 0 0 MR JOHN F WATTS DIRECTOR 1.00 X 0 0 0 MR TODD H WETZEL DIRECTOR 1.00 X 0 0 0 MR DAVID F WILSON DIRECTOR 1.00 X 0 0 0 MR MICHAEL ZMETROVICH DIRECTOR 1.00 X 0 0 0 MR DUFFY BRENT DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MS CAITLIN A CAVANAUGH DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MR GREGORY L CINCOTTA DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MR ANDY HENDERSON DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MR PHILIP HOLDEN DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MR JOSEPH E MAHONEY JR DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MR JOHN R MCKENNA DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MR JOSEPH R NOLAN JR DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MR JOSEPH E ONSTOTT DIRECTOR (UNTIL OCTOBER 2025) 1.00 X 0 0 0 MR JEFFREY J MURPHY SR. DIR. OF OPERATIONS 40.00 X 136721 0 5469 MS MICHELLE A EDWARDS SR. DIR., SCHOLARSHIPS & DATA MGMT. 40.00 X 122719 0 14051 MS KELLIE A COSTA DIR., DEV. & DONOR RELATIONS 40.00 X 120162 0 30710 MR CHARLES T JORDAN DIRECTOR OF FINANCE 37.50 X 107494 0 17220 684346 0 111476 5 0 1 0 VIRTUOUS SOFTWARE INC 1 NORTH 1ST STREET SUITE 600 PHOENIX AZ 85004 FUNDRAISING SOFTWARE CRM SERVICES 222600 CRAMER PRODUCTIONS INC 425 UNIVERSITY AVENUE NORWOOD MA 02062 AUDIO-VISUAL SERVICES 209976 UBS FINANCIAL SERVICES INC ONE POST OFFICE SQUARE BOSTON MA 02110 INVESTMENT ADVISORS 185252 3 1972280 4813658 354061 6785938 709692 709692 6616812 5938058 678754 678754 678754 457281 1972280 789432 -332151 -332151 7842233 0 0 1056295 3672097 3672097 252673 106123 37901 108649 899312 164797 99462 635053 29114 5237 3203 20674 210651 40919 23682 146050 97706 22259 11531 63916 42484 9270 5076 28138 157149 157149 530 530 252271 58926 43269 150076 36457 19016 2666 14775 14499 3303 1711 9485 FUNDRAISING EVENTS & AL 240298 89486 150812 CLUB RELATIONS 89299 40874 3892 44533 5994540 4232837 540354 1221349 90685 99867 726363 2213243 116482 196760 96306 117362 635056 463155 426698 355896 63313 70802 31319921 33575972 285188 246735 33333314 36983896 302516 285902 1192542 570379 285188 246735 1780246 1103016 X 5437280 5455818 26115788 30425062 31553068 35880880 33333314 36983896 1847693 2480119 0 X X 0 1 X 1 0 X 5679153 4600938 5939653 5864813 6785938 28870495 5679153 4600938 5939653 5864813 6785938 28870495 56054 28814441 602253 597418 634131 623938 709692 3167432 32037927 1030218 0.89940 0.89560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25786405 1533878 3456288 1779199 28997372 24086069 1951659 1411591 1662914 25786405 20337221 1223844 3877584 1352580 24086069 22203673 1032090 -1449937 1448605 20337221 20478212 1816130 1160910 1251579 22203673 1.00000 0 0 426698 355896 70802 70802 OPERATING LEASE OBLIGATIONS 246735 246735 X 10954635 2480119 2480119 8474516 157149 -789432 -632283 7842233 6626823 789432 789432 5837391 157149 157149 5994540 PART X, LINE 2: THE OUIMET FUND FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD, WHICH REQUIRES THE OUIMET 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 MARCH 31, 2026 THE OUIMET FUND DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE OUIMET FUND DOES NOT EXPECT THAT THE AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON THE STATEMENT OF ACTIVITIES -789,432. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON THE STATEMENT OF ACTIVITIES 789,432. 2025 ANNUAL BANQUET 1815134 1361351 453783 8489 210417 434773 1200 69449 GOLF SPRINT 614427 610929 3498 13238 3498 48368 2429561 1972280 457281 21727 210417 438271 1200 117817 789432 -332151 1 SCHOLARSHIPS 535 3672097 PART I, LINE 2: FINANCIAL INFORMATION REQUIRED FROM SCHOLARS: CSS PROFILE, SAR FROM FAFSA FINANCIAL AWARD LETTER FROM UNIVERSITY STATING GRANTS, SCHOLARSHIPS, LOANS, WORKSTUDY, ETC. COST OF ATTENDANCE IS GATHERED FROM THE COLLEGEBOARD SITE. NO COSTS FOR SEMESTERS ABROAD ARE INCLUDED IN OUR FORMULA FOR THE COST OF THE SCHOOL YEAR. AFTER FINANCIAL NEED HAS BEEN DETERMINED AWARDS ARE ISSUED BASED ON A SCHEDULE OF AWARDS BY UNMET NEED, THIS SCHEDULE IS DETERMINED BY THE SCHOLARSHIP COMMITTEE AND REVIEWED EACH YEAR. OUIMET SCHOLARS ARE FINANCIAL AWARD RECIPIENTS WHO HAVE GONE THROUGH A RIGOROUS REVIEW AND INTERVIEW PROCESS, HAVE QUALIFIED, AND HAVE CERTIFIED FINANCIAL NEED. OUIMET HONORARY SCHOLARS HAVE GONE THROUGH THE SAME RIGOROUS REVIEW AND INTERVIEW PROCESS, HAVE QUALIFIED, AND ALTHOUGH THEY DO NOT QUALIFY TO RECEIVE A NEEDS BASED FINANCIAL AWARD, THEIR DESIGNATION AS A OUIMET SCHOLAR IS A GREAT HONOR AND HELPS THEM TAP INTO THE VAST NETWORK OF FELLOW OUIMET SCHOLARS CURRENTLY IN THE WORK FORCE. CHECKS ARE ISSUED IN SEPTEMBER FOR THE FULL AWARD. X X 0 0 0 0 0 0 0 1 0 MR COLIN R MCGUIRE EXECUTIVE DIRECTOR 157250 0 40000 0 0 0 7236 0 36790 0 241276 0 0 0 MS KELLIE A COSTA DIR., DEV. & DONOR RELATIONS 111162 0 9000 0 0 0 5063 0 25647 0 150872 0 0 0 PART I, LINE 7 THE BOARD MAY AWARD DISCRETIONARY BONUSES BASED ON PERFORMANCE AND ORGANIZATIONAL RESULTS. CRAMER PRODUCTIONS INC OWNER OF CRAMER PRODUCTIONS, INC. SITS ON OUIMET BOARD OF DIRECTORS. 190266 AUDIO/VISUAL SERVICES AT THE ANNUAL BANQUET 0 X 14 260561 FMV X DONATED AUCTION ITEMS 104 93500 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BYLAWS WERE AMENDED DURING FISCAL YEAR 2026. CHANGES INCLUDED THE REMOVAL OF PAST PRESIDENT FROM THE EXECUTIVE COMMITTEE AFTER ONE FULL YEAR OF PRESIDENCY TERMINATION. ADDITIONAL WORDING WAS ADDED FOR VIDEO/TELECONFERENCING MEETINGS, AS WELL AS CHANGES TO THE DURATION OF MEMBERSHIP TERMS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS AND IS THEN DISCUSSED AT A BOARD MEETING PRIOR TO APPROVAL AND SIGNATURE BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS PERFORMS REGULAR INQUIRIES AND REQUIRES WRITTEN STATEMENTS DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT AND OFFICERS INCLUDED A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION'S OFFICE. INSTRUCTIONS ARE POSTED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.