THE SAVINGS BANK CHARITABLE FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE SAVINGS BANK CHARITABLE FOUNDATION INC (EIN 04-3370164)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-03-20
- IRS object ID
- 202540799349100634
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-20T17:27:20-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010523282 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2211 Congress St | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043370164 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Savings Bank Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAVI | BusinessNameControlTxt |
| Phone | 7812460400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 Main Street PO Box 30 | AddressLine1Txt |
| City | Wakefield | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01880 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Denise Carbone | PersonNm |
| Person Title | Director/Treasurer | PersonTitleTxt |
| Phone | 7812460400 | PhoneNum |
| Signature | 2025-03-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Melissa Magoon CPA | PreparerPersonNm |
| PTIN | P01712842 | PTIN |
| Phone | 2077752387 | PhoneNum |
| Preparation | 2025-03-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,357,624 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $35,796 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $35,796 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $24,182 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $90,922 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $24,182 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $59,978 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $59,978 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,870 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,870 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $9,620 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,620 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,776 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $35 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $272 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $272 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $15,538 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,620 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,177 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $65,040 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $65,040 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $80,578 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,620 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $69,217 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$20,600 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $50,358 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $118,145 | CashBOYAmt |
| Cash EOY | $2,459 | CashEOYAmt |
| Cash EOYFMV | $2,459 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $39,312 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $73,989 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $73,989 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $14,667 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $601,575 | CorporateStockBOYAmt |
| Corporate Stock EOY | $601,651 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,083,084 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $121,707 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $196,707 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $198,092 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $895,406 | TotalAssetsBOYAmt |
| Total Assets EOY | $874,806 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,357,624 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $895,406 | RetainedEarningBOYAmt |
| Retained Earning EOY | $874,806 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $895,406 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $874,806 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $895,406 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $874,806 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $895,406 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$20,600 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $874,806 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $874,806 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly Traded Securities | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $90,922 | GrossSalesPriceAmt |
| Cost Or Other Basis | $66,740 | CostOrOtherBasisAmt |
| Gain Or Loss | $24,182 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $24,182 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $24,182 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $700 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $700 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $700 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,040 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,040 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $340 | OverpaymentAmt |
| Applied To ES Tax | $340 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Denise Carbone | IndividualWithBooksNm |
| Phone | 7812460400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 Main Street PO Box 30 | AddressLine1Txt |
| City | Wakefield | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01880 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Denise Carbone | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | Treasurer/Director | 1.00 | $0 | $0 | $0 |
| Karen A Conard | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | Director | 1.00 | $0 | $0 | $0 |
| Glenn D Dolbeare | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | Director | 1.00 | $0 | $0 | $0 |
| Therese Jarmusik | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | Director | 1.00 | $0 | $0 | $0 |
| Raichelle L Kallery | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | Director | 1.00 | $0 | $0 | $0 |
| Joanne Reilly | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | Director | 1.00 | $0 | $0 | $0 |
| Margaret Super Church | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | Director | 1.00 | $0 | $0 | $0 |
| Robert J DiBella | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | Past President/Director | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,226,628 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $98,858 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,325,486 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,325,486 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $19,882 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,305,604 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $65,280 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $65,280 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $700 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $700 | TotalTaxAmt |
| Distributable Before Adj | $64,580 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $64,580 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $64,580 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $69,217 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $69,217 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $64,580 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,907 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $14,283 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,880 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $15,188 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $8,604 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $43,862 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $69,217 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $64,580 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,637 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $48,499 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $2,907 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $45,592 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $14,283 | ExcessFromYear4Amt |
| Excess From Year3 | $2,880 | ExcessFromYear3Amt |
| Excess From Year2 | $15,188 | ExcessFromYear2Amt |
| Excess From Year1 | $8,604 | ExcessFromYear1Amt |
| Excess From Current Year | $4,637 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Denise Carbone | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 Main Street PO Box 30 | AddressLine1Txt |
| City | Wakefield | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01880 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7812460400 | RecipientPhoneNum |
| Form And Info And Materials | Applications available at above address | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | See applications for various deadlines | SubmissionDeadlinesTxt |
| Restrictions On Awards | Awards are to be granted within Wakefield, Massachusetts and its vicinity, unless an exception is made by the Board of Directors to benefit community, charitable, educational and other benevolent purposes. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Bellesini Academy | ||||||
| 94 Bradford Street | Lawrence | MA | 01840 | PC | Academic Programs For Children | $3,000 |
| Boys & Girls Club of Lawrence | ||||||
| 136 Water Street | Lawreance | MA | 01841 | PC | Youth Programs | $4,000 |
| Boys & Girls Club of Stoneham & Wakefield | ||||||
| 15 Dale Court | Stoneham | MA | 02180 | PC | Youth programs | $4,500 |
| Bread & Roses | ||||||
| 58 Newbury Street | Lawreance | MA | 01840 | PC | Kitchen Serving For Hardship Families | $3,000 |
| Communitas | ||||||
| 60-D Audubon Road | Wakefield | MA | 01880 | PC | Fitness And Health Programs | $3,040 |
| Community Giving Tree | ||||||
| 572B Main Street | Boxford | MA | 01921 | PC | Basic necessities to local communities | $2,000 |
| Connor's Kindness Project | ||||||
| 1 Perkins Lane | Lynnfield | MA | 01940 | PC | General Assistance | $3,000 |
| Emmaus | ||||||
| PO Box 568 | Haverhill | MA | 01831 | PC | Emergency Shelter | $5,000 |
| Essex Art Center | ||||||
| 56 Island Street | Lawrence | MA | 01840 | PC | General assistance | $3,000 |
| Ladybug Love | ||||||
| 140 Winona Street | Peabody | MA | 01960 | PC | Blankets for homeless | $2,000 |
| Lazarus House Ministries | ||||||
| PO Box 4058 | Lawreance | MA | 01842 | PC | Families in need | $4,000 |
| Massachusetts Coalition for the Homeless | ||||||
| 687 West 204th Street | Boston | MA | 02131 | PC | Homeless support | $500 |
| Mission of Deeds | ||||||
| 6 Chapin Avenue | Reading | MA | 01867 | PC | Good for people in need, free of charge | $5,000 |
| Neighbors in Need | ||||||
| PO Box 447 | Lawrence | MA | 01842 | PC | Food Pantries | $5,000 |
| The Haven Project | ||||||
| 57 Munrose Street | Lynn | MA | 01901 | PC | Various Assistance | $3,000 |
| Wakefield Food Pantry | ||||||
| PO Box 1624 | Wakefield | MA | 01880 | PC | Provides food to those who need it | $5,000 |
| Lowell House | ||||||
| 101 Jackson St | Lowell | MA | 01854 | PC | Counseling | $2,000 |
| Mystic Valley Elder Services | ||||||
| 300 Commercial Street 19 | Malden | MA | 02148 | PC | Elder needs | $3,000 |
| Ironstone Therapy | ||||||
| 450 Lowell St | Andover | MA | 01810 | PC | Assistance for cognitive impaired | $2,500 |
| YWCA Northeastern Massachusetts | ||||||
| 38 Lawrence St | Lawrence | MA | 01840 | PC | Youth programs | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $65,040 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $35,796 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $24,182 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $59,978 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $59,978 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $3,870 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,870 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (15 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 15000 Shr CITIGROUP INC 5.50% | $15,054 | $15,060 |
| 10000 Shr CVS HEALTH CORP 5.0% 2/20/2026 | $9,917 | $9,991 |
| 10000 Shr FREEPORT MCMORAN INC 4.625% 8/1/2030 | $9,914 | $9,693 |
| 10000 Shr GOLDMAN SACHS GROUP INC 5.75% 4/30/2027 | $9,992 | $9,979 |
| 15000 Shr INTEL CORP 4.875% 2/10/2028 | $15,055 | $14,922 |
| 15000 Shr JACOBS ENGR GROUP INC 6.35% | $14,936 | $15,616 |
| 15000 Shr MARATHON PETE CORP 5.125% | $14,822 | $15,078 |
| 20000 Shr MARRIOTT INTL INC 5.75% 5/1/2025 | $20,042 | $20,040 |
| 15000 Shr NEXTERA ENERGY CAP HLDGS INC 6.051% | $15,010 | $15,027 |
| 15000 Shr PNC FINL SVCS GROUP INC 6.0% | $14,804 | $14,974 |
| 15000 Shr SCHWAB CHARLES CORP 5.375% | $14,986 | $14,906 |
| 10000 Shr SEMPRA ENERGY 5.40% 8/01/2026 | $9,969 | $10,083 |
| 15000 Shr TYSON FOODS INC 5.40% 3/15/2029 | $15,025 | $15,166 |
| 80 Shr VANGUARD INTERM-TM CORP BOND ETF | $6,873 | $6,422 |
| 125 Shr VANGUARD REAL ESTATE ETF | $10,308 | $11,135 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (52 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 270 Shr AFLAC INC | $5,310 | $27,929 |
| 645 Shr AT&T INC | $14,345 | $14,687 |
| 150 Shr ABBOTT LABORATORIES | $13,182 | $16,967 |
| 140 Shr ABBVIE INC | $3,301 | $24,878 |
| 60 Shr ALBEMARLE CORP | $5,732 | $5,165 |
| 125 Shr ALPHABET INC CL C | $16,489 | $23,805 |
| 55 Shr AMGEN INC | $8,949 | $14,335 |
| 230 Shr APPLE INC | $6,173 | $57,597 |
| 30 Shr Berkshire Hathaway INC B | $12,445 | $13,598 |
| 120 Shr CHEVRON CORP | $7,255 | $17,381 |
| 490 Shr CISCO SYSTEMS INC | $16,226 | $29,008 |
| 25 Shr COSTCO WHOLESALE CORP | $3,866 | $22,907 |
| 120 Shr CROWDSTRIKE HOLDINGS INC | $15,149 | $41,059 |
| 150 Shr WALT DISNEY CO | $14,776 | $16,703 |
| 20 Shr ELI LILLY & CO | $15,815 | $15,440 |
| 101 Shr EXXON MOBIL CORP | $9,269 | $10,865 |
| 43 Shr META PLATFORMS INC CL A | $6,515 | $25,177 |
| 125 Shr GENERAL MILLS INC | $7,979 | $7,971 |
| 120 Shr GENUINE PARTS CO | $11,991 | $14,011 |
| 690 Shr HEALTHPEAK PPTYS INC | $15,975 | $13,986 |
| 80 Shr HOME DEPOT INC | $9,760 | $31,119 |
| 70 Shr HONEYWELL INTERNATIONAL INC | $14,202 | $15,812 |
| 45 Shr ILLINOIS TOOL WORKS | $10,921 | $11,410 |
| 185 Shr INTERNATIONAL BUSINESS MACHINES | $22,972 | $40,669 |
| 88 Shr ISHARES TIPS BOND ETF | $10,028 | $9,376 |
| 240 Shr ISHARES CORE S&P SMALL CAP | $19,249 | $27,653 |
| 120 Shr JP MORGAN CHASE & CO | $7,084 | $28,765 |
| 20 Shr LINDE PLC | $8,710 | $8,373 |
| 70 Shr MCDONALDS CORP | $6,636 | $20,292 |
| 275 Shr METLIFE INC | $13,219 | $22,517 |
| 145 Shr MICROSOFT CORP | $3,245 | $61,118 |
| 175 Shr MORGAN STANLEY | $14,596 | $22,001 |
| 105 Shr NESTLE S A SPONSORED ADR | $9,590 | $8,676 |
| 140 Shr NEXTERA ENERGY INC | $10,134 | $10,037 |
| 55 Shr PEPSICO INC | $6,389 | $8,363 |
| 70 Shr PROCTER & GAMBLE CO | $2,976 | $11,736 |
| 205 Shr QUALCOMM INC | $16,206 | $31,492 |
| 178 Shr RAYTHEON TECHNOLOGIES CORP | $14,014 | $20,598 |
| 190 Shr SOUTHERN COMPANY | $8,662 | $15,641 |
| 30 Shr THERMO FISHER SCIENTIFIC INC | $15,829 | $15,607 |
| 200 Shr TJX COMPANIES INC | $15,974 | $24,162 |
| 40 Shr UNITEDHEALTH GROUP INC | $10,632 | $20,234 |
| 505 Shr VANGUARD FTSE DEVELOPED MKTS EX-US | $20,481 | $24,149 |
| 365 Shr VANGUARD EMERGING MARKETS | $12,062 | $16,075 |
| 305 Shr VERIZON COMMUNICATIONS INC | $16,282 | $12,197 |
| 60 Shr VISA INC CL A | $11,703 | $18,962 |
| 65 Shr WASTE MANAGEMENT INC | $1,988 | $13,116 |
| 940 Shr WISDOMTREE MIDCAP DIVIDEND | $32,215 | $47,912 |
| 590 Shr WISDOMTREE INTERNATIONAL HIGH DIV | $21,496 | $22,290 |
| 60 Shr ZOETIS INC | $10,368 | $9,776 |
| 65 Shr ACCENTURE PLC A | $4,776 | $22,866 |
| 45 Shr TRANE TECHNOLOGIES PLC | $8,510 | $16,621 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Expenses | Desc |
| Revenue And Expenses Per Books | $272 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $272 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $9,620 | Amt |
| Net Investment Income | $9,620 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise Taxes | CategoryTxt |
| Amt | $1,776 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $35 | DisbursementsCharitablePrpsAmt |