2024-04-08T08:49:11-05:00 2023-11-30 042442519 EDELSTEIN & COMPANY LLP 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2022-12-01 981376156 BUCHANAN FRIENDSHIP FOUNDATION BUCH 2070422079 COURT PLACE RUE DU MANOIR SAINT PETER PORT GK GY1 3XZ WILLIAM BUCHANAN GRAY COUNCILLOR 2070422079 2024-04-08 1 WILLIAM BUCHANAN GRAY 999009999 0 EUGENE BORGONZI P01269879 6172276161 2024-04-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WILLIAM BUCHANAN GRAY COURT PLACE RUE DU MANOIR SAINT PETER PORT GK GY1 3XZ 35192901 0 X N/A X 2017 GK THE FOUNDATION IS DEVOTED TO FUNDING AND DEVELOPING PHILANTHROPIC PROJECTS THAT PROMOTE SOCIAL WELFARE. 2 2 0 0 0 0 0 0 0 0 1754790 1087536 0 0 1754790 1087536 4450000 1200000 0 0 0 0 0 0 0 119422 119820 4569422 1319820 -2814632 -232284 1094617665 1185692093 0 0 1094617665 1185692093 X THE FOUNDATION DEVOTES ITS PROPERTY TO FUNDING AND DEVELOPING PHILANTHROPIC PROJECTS THAT PROMOTE SOCIAL WELFARE (INCLUDING FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES) WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). 0 0 1200000 1200000 0 THE FOUNDATION DEVOTES ITS PROPERTY TO FUNDING AND DEVELOPING PHILANTHROPIC PROJECTS THAT PROMOTE SOCIAL WELFARE (INCLUDING FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES) WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). 1200000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 0 0 0 0 1 JE CJ BD VI AS 0 0 0 0 0 0 X 2 2 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 1 0 X ADRIAN HARBOUR 2070422079 COURT PLACE RUE DU MANOIR SAINT PETER PORT GK GY1 3XZ X WILLIAM BUCHANAN GRAY COUNCILLOR 1.00 0.00 X X 0 0 0 ALICIA NIMO SAAVEDRA COUNCILLOR 1.00 0.00 X X 0 0 0 ADRIAN HARBOUR GUARDIAN 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 5192901 5192901 30000000 34105365 -4105365 -4105365 -4105365 1087536 0 0 1087536 1200000 1200000 15299 15299 9185 9185 91924 91924 2707 2707 FILING FEES 675 675 BANK FEES 30 30 1319820 1200000 119820 0 2110852 3191336 21404145 36248000 19756085 29862208 1051346583 1116390549 1094617665 1185692093 0 0 X 0 0 0 0 1094617665 1185692093 1094617665 1185692093 1094617665 1185692093 -232284 91306712 0 X 0 0 0 0 PRIVATE EQUITIES 164190800 C MUTUAL FUNDS 943840673 F 1,348,238 SHARES ARGUS GROUP HOLDING COMMON 8359076 F 1116390549 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS N/A 577011853 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 259140815 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS N/A 23000000 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS N/A 307343009 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 1 REGISTERED AGENT ADDRESS & FILING FEES N/A 3382 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENT & BANK FEES N/A 53106 1 1 0 0 1 1 1166552165 0 1166552165 0 0 1 1 0 0 PART I, LINE 2: TO HELP ENSURE THAT GRANT FUNDS WILL BE FOR PROPER PURPOSES, BFF CONDUCTS A PREGRANT INQUIRY INTO EACH POTENTIAL GRANTEE, WHICH INCLUDES DILIGENCE REGARDING THE GRANTEE'S PROGRAMS, FINANCES, REPUTATION, AND CONFIRMATION OF THE GRANTEE'S CHARITABLE REGISTRATION STATUS OR EQUIVALENT STANDING UNDER LOCAL LAWS. BFF ALSO CONFIRMS EACH GRANTEE'S BANK INFORMATION AND THAT GRANT FUNDS WERE RECEIVED. PART I, LINE 3: CASH METHOD OF ACCOUNTING IS USED TO ACCOUNT FOR EXPENDITURES PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, PART IV THE ORGANIZATION HAS OWNERSHIP INTERESTS IN FOREIGN CORPORATIONS AND IS ALSO A SHAREHOLDER IN A PASSIVE FOREIGN INVESTMENT COMPANY. THE ORGANIZATION IS DOMICILED IN GUERNSEY AND IS NOT A U.S. PERSON UNDER THE IRS TAX CODE. THEREFORE, IT IS NOT REQUIRED TO FILE FORM 5471 OR FORM 8621, SINCE IT IS A FOREIGN ORGANIZATION. 1 EMERALD NECKLACE CONSERVANCY INC 125 THE FENWAY BOSTON MA 02115 043414988 501(C)(3) 1200000 0 N/A N/A PROGRAM SUPPORT 1 0 PART I, LINE 2: TO HELP ENSURE THAT GRANT FUNDS WILL BE FOR PROPER PURPOSES, BFF CONDUCTS A PREGRANT INQUIRY INTO EACH POTENTIAL GRANTEE, WHICH INCLUDES DILIGENCE REGARDING THE GRANTEE'S PROGRAMS, FINANCES, AND REPUTATION. BFF CONFIRMS THE EXEMPT STATUS OF THE GRANTEE AND THAT IT OPERATES A QUALIFIED PROGRAM. BFF ALSO CONFIRMS EACH GRANTEE'S BANK INFORMATION AND THAT GRANT FUNDS WERE RECEIVED. BFF RELIES ON THE IRS'S OVERSIGHT OF GRANTEES AS THEY ARE EXEMPT UNDER SECTION 501(C)(3). FORM 990, PART VI, SECTION A, LINE 2 WILLIAM BUCHANAN GRAY & ALICIA NIMO SAAVEDRA - FAMILY RELATIONSHIP WILLIAM BUCHANAN GRAY & ADRIAN HARBOUR - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS CIRCULATED TO THE COUNCILLORS AS WELL AS TO THE ORGANIZATION'S LEGAL COUNSEL. ALL FEEDBACK IS IMMEDIATELY ADDRESSED. ANY RESULTING MODIFICATIONS ARE INCORPORATED INTO A REVISED FINAL DRAFT. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, A COUNCILLOR IS REQUIRED TO DISCLOSE REAL, POTENTIAL, OR PERCEIVED CONFLICTS OF INTEREST TO THE OTHER COUNCILLORS. FORM 990, PART VI, SECTION B, LINE 15 THE CURRENT COUNCILLORS OF THE FOUNDATION DO NOT RECEIVE COMPENSATION FOR THEIR SERVICES TO THE FOUNDATION. IT IS POSSIBLE THAT FUTURE COUNCILLORS WOULD RECEIVE COMPENSATION. PAYMENT OF COMPENSATION TO COUNCILLORS IS GOVERNED BY THE FOUNDATION'S ORGANIZATIONAL DOCUMENTS, WHICH REQUIRE THAT COMPENSATION BE REASONABLE AND AT MARKET RATES. ADRIAN HARBOUR, WHO SERVES AS THE GUARDIAN OF THE FOUNDATION, IS ALSO THE FOUNDATION'S REGISTERED AGENT AND DOES NOT RECEIVE COMPENSATION FOR HIS SERVICES AS REGISTERED AGENT. THE FOUNDATION IS SUBJECT TO THE INTERMEDIATE SANCTIONS RULES OF CODE SECTION 4958, WHICH IMPOSE A PENALTY EXCISE TAX ON "EXCESS BENEFIT TRANSACTIONS" BETWEEN THE FOUNDATION AND "DISQUALIFIED PERSONS," INCLUDING THE FOUNDATION'S GUARDIAN. PURSUANT TO SECTION 4958, THE FOUNDATION WILL TAKE APPROPRIATE STEPS TO ENSURE THAT THE GUARDIAN DOES NOT RECEIVE A DIRECT OR INDIRECT ECONOMIC BENEFIT FROM THE FOUNDATION WORTH MORE THAN THE SERVICES OR GOODS PROVIDED BY THE DISQUALIFIED PERSON IN RETURN IF HE RECEIVES COMPENSATION IN THE FUTURE FOR SERVICES RENDERED AS THE REGISTERED AGENT. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC EXCEPT AS REQUIRED BY IRS REGULATIONS. FORM 990 - FOREIGN EXCHANGE RATES USED DURING THE FISCAL YEAR ENDED NOVEMBER 30, 2023, THE FOLLOWING FOREIGN EXCHANGE RATE RANGES WERE USED ON THE FORM 990 DEPENDING ON THE MONTH: BERMUDIAN DOLLAR WAS $1 FOR $1 EURO .905797 - .971204 PER $1 POUND STERLING - 0.777212 - 0.839701 PER $1 JAPANESE YEN - 130.045100 - 151.445165 PER $1 BUCHANAN HOUSING TRUST C/O CASNER EDWARDS LLP 303 CONGRESS BOSTON MA 02210 457011744 INVESTMENT IN REAL ESTATE MA N/A T 0 LOVE LANE TRUST C/O CASNER EDWARDS LLP 303 CONGRESS BOSTON MA 02210 457011744 INVESTMENT IN REAL ESTATE MA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0