THE JOHN AND MARY CORCORAN FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE JOHN AND MARY CORCORAN FAMILY FOUNDATION (EIN 04-6689934)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-08
- IRS object ID
- 202433139349100513
- Schema version
- 2023v5.1
- 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 Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-08T09:46:01-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043442418 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JESSON OSLIN & ASSOC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 GRANITE AVENUE SUITE 450 | AddressLine1Txt |
| City | MILTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02186 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046689934 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOHN & MARY CORCORAN FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 7818490014 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 GRANDVIEW ROAD 207 | AddressLine1Txt |
| City | BRAINTREE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02184 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS M CORCORAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7818490011 | PhoneNum |
| Signature | 2024-11-05 | 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 | JAMES L OSLIN CPA | PreparerPersonNm |
| PTIN | P00447677 | PTIN |
| Phone | 6176983950 | PhoneNum |
| Preparation | 2024-11-05 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $137,807,738 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $2,982,459 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,982,343 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,436,233 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $44,732,709 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,436,233 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,458,743 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,458,743 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $7,877,435 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,877,319 | 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 | $27,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,700 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $800,649 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $309,693 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $484,956 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $198,571 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $43,444 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,882 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,882 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,038,502 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $378,719 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $484,956 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,659,095 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,659,095 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,697,597 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $378,719 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,144,051 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,179,838 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,498,600 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $900,997 | CashBOYAmt |
| Cash EOY | $506,792 | CashEOYAmt |
| Cash EOYFMV | $506,792 | CashEOYFMVAmt |
| Other Investments BOY | $109,128,631 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $109,893,855 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $137,238,446 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $62,500 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $62,500 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $110,029,628 | TotalAssetsBOYAmt |
| Total Assets EOY | $110,463,147 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $137,807,738 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $13,189,133 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $12,442,814 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $13,189,133 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,442,814 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $96,840,495 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $98,020,333 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $96,840,495 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $98,020,333 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $110,029,628 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $110,463,147 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $96,840,495 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,179,838 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $98,020,333 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $98,020,333 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| CITI ALTERNATIVE INVESTMENT | P | $14,927 | $14,927 | $14,927 | |
| BNY MELLON ALTERNATIVE INVESTMENT | P | $320,263 | $320,263 | $320,263 | |
| BNY 897 CAPITAL GAINS | P | $5 | $5 | $5 | |
| BNY MELLON 8000 | P | $13,085,972 | $191,405 | $191,405 | $12,894,567 |
| BNY MELLON 8000 | P | $26,731,733 | $2,318,749 | $2,318,749 | $24,412,984 |
| BNY MELLON 8040 | P | $265,209 | -$2,703 | -$2,703 | $267,912 |
| BNY MELLON 8040 | P | $2,064,576 | $34,910 | $34,910 | $2,029,666 |
| BNY MELLON 8000 - ISHARES GSCI COMMODITY INDEXED | P | $1,027,580 | $52,125 | $52,125 | $975,455 |
| BNY MELLON 8000 - ISHARES GSCI COMMODITY INDEXED | P | $679,718 | $175,873 | $175,873 | $503,845 |
| BNY MELLON 8040 - ISHARES GSCI COMMODITY INDEXED | P | $214,486 | $2,439 | $2,439 | $212,047 |
| CAPITAL GAINS DIVIDENDS | P | $328,240 | $328,240 | $328,240 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,436,233 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $104,231 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $104,231 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $104,231 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $150,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $35,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $185,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $1,075 | EsPenaltyAmt |
| Overpayment | $79,694 | OverpaymentAmt |
| Applied To ES Tax | $79,694 | 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 | JOHN M CORCORAN JR TRUSTEE | IndividualWithBooksNm |
| Phone | 7818490011 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 GRANDVIEW ROAD SUITE 207 | AddressLine1Txt |
| City | BRAINTREE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02184 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN M CORCORAN JR | ||||||||
| 100 GRANDVIEW ROAD SUITE 207 | BRAINTREE | MA | 02184 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| THOMAS M CORCORAN | ||||||||
| 100 GRANDVIEW ROAD SUITE 207 | BRAINTREE | MA | 02184 | TRUSTEE | 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 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE BOSTON FOUNDATION (FORMERLY TPI) | |||||
| 420 BOLYSTON STREET | BOSTON | MA | 02116 | PHILANTHROPIC SERVICES | $484,956 |
| BNY MELLON WEALTH MANAGEMENT | |||||
| 131 SANTILLI HWY | EVERETT | MA | 02149 | INVESTMENT ADVISORY SERVICES | $303,693 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $118,884,676 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $703,893 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,929,985 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $133,518,554 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $133,518,554 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,002,778 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $131,515,776 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,575,789 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,575,789 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $104,231 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $104,231 | TotalTaxAmt |
| Distributable Before Adj | $6,471,558 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,471,558 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,471,558 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,144,051 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $6,144,051 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,471,558 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $65,782 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $240,123 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $211,468 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $517,373 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,144,051 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,144,051 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $327,507 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $327,507 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $189,866 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $189,866 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $189,866 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| TPI CRADLE TO CAREER GRANTS | ||||||||
| 75 ARLINGTON STREET | BOSTON | MA | 02116 | NONE | PUBLIC CHARITY (04-2 | GENERAL SUPPORT SCHOLARS PROGRAM, COMMUNITY GRANTS, OLPH MISSION GRAMMAR, SOUTH BOSTON ACADEMY | $3,200,000 | |
| THE PHILANTHROPIC INITIATIVE INC | ||||||||
| 75 ARLINGTON STREET | BOSTON | MA | 02116 | NONE | PUBLIC CHARITY (04-2 | GENERAL SUPPORT SCHOLARS PROGRAM, COMMUNITY GRANTS, OLPH MISSION GRAMMAR, SOUTH BOSTON ACADEMY | $42,936 | |
| THE MILTON LIBRARY FOUNDATION | ||||||||
| 476 CANTON AVENUE | MILTON | MA | 02186 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $7,500 | |
| ST MARY'S WOMEN & INFANTS CENTER | ||||||||
| 90 CUSHING AVENUE | DORCHESTER | MA | 02125 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $20,000 | |
| ST FRANCIS HOUSE | ||||||||
| 39 BOYLSTON STREET | BOSTON | MA | 02116 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $25,000 | |
| SO BOSTON CATHOLIC ACADEMY | ||||||||
| 866 EAST BROADWAY | SOUTH BOSTON | MA | 02127 | NONE | EDUCATIONAL INSTITUT | SCHOLARSHIP FUND | $58,514 | |
| SAINT ROCK HAITI FOUNDATION | ||||||||
| 372 GRANITE AVE 1 | MILTON | MA | 02186 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $50,000 | |
| ROSIE'S PLACE | ||||||||
| 889 HARRISON AVENUE | BOSTON | MA | 02118 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $20,000 | |
| RED PINE SCHOLARS | ||||||||
| 75 ARLINGTON STREET | BOSTON | MA | 02116 | NONE | PUBLIC CHARITY (04-2 | GENERAL SUPPORT SCHOLARS PROGRAM, COMMUNITY GRANTS, OLPH MISSION GRAMMAR, SOUTH BOSTON ACADEMY | $1,613,000 | |
| PINE STREET INN | ||||||||
| 444 HARRISON AVENUE | BOSTON | MA | 02118 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $20,000 | |
| MCGRATH FUNDATION | ||||||||
| 100 GRANDVIEW ROAD SUITE 207 | BRAINTREE | MA | 02184 | NONE | PUBLIC CHARITY | GERNERAL PURPOSE | $5,231 | |
| LEAF PROGRAM (SUPPLIESLESLIE COLLEGE) | ||||||||
| 29 EVERETT ST | CAMBRIDGE | MA | 02138 | NONE | EDUCATIONAL INSTITUT | GENERAL PURPOSE | $136,914 | |
| INNER-CITY SCHOLARSHIP FUND | ||||||||
| 260 FRANKLIN STREET SUIT 630 | BOSTON | MA | 02110 | NONE | PUBLIC CHARITY | SCHOLARSHIP FUND | $125,000 | |
| GEORGETOWN UNIVERSITY | ||||||||
| 3700 O ST NW | WASHINGTON | DC | 20057 | NONE | PUBLIC CHARITY | GERNERAL PURPOSE | $250,000 | |
| FATHER BILL'S & MAINSPRING | ||||||||
| 422 WASHINGTON STREET | QUINCY | MA | 02169 | NONE | PUBLIC CHARITY | GERNERAL PURPOSE | $50,000 | |
| CARITAS COMMUNITIES INC | ||||||||
| 25 BRAINTREE HILL OFFICE PARK STE | BRAINTREE | MA | 02184 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $25,000 | 206 |
| BOURNE CONSERVATION TRUST | ||||||||
| PO BOX 203 | CATAUMENT | MA | 02534 | NONE | PC | HABITAT CONSERVATION | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,659,095 | 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 | $2,982,459 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 34 | ExclusionCd |
| Exclusion | $1,458,743 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,436,233 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,877,435 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,877,435 | 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 SERVICES | CategoryTxt |
| Amt | $27,400 | Amt |
| Net Investment Income | $13,700 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MARKETABLE SECURITIES | FMV | $109,893,855 | $123,308,461 |
| REAL ESTATE ENTITIES | FMV | $0 | $13,929,985 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REFUNDABLE FEDERAL AND STATE TAXES | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $62,500 | EOYBookValueAmt |
| EOYFMV | $62,500 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATIONAL COSTS | Desc |
| Revenue And Expenses Per Books | $11,882 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $11,882 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (24 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ACADEMY ASSOC LLC | -$11,276 | -$11,276 | -$11,276 |
| ADAMS VILLAGE | $340,871 | $340,871 | $340,871 |
| BTO ONSHORE FEEDER FUND | -$32,540 | -$32,540 | -$32,540 |
| ALCENTRA GLOBAL CREDIT ALT. | $9,019 | $9,019 | $9,019 |
| CTP ONSHORE FF LP | -$1,477 | -$1,477 | -$1,477 |
| FUGIO FUND PE XI LP | -$16,063 | -$16,063 | -$16,063 |
| FUGIO FUND XII PE LP | -$13,480 | -$13,480 | -$13,480 |
| FUGIO FUND XII VC LP | -$17,892 | -$17,892 | -$17,892 |
| FUGIO IMPACT FUND LP | -$24,756 | -$24,756 | -$24,756 |
| FUGIO PRIVATE EQUITY FUND IX LP | -$24,561 | -$24,561 | -$24,561 |
| FUGIO PRIVATE EQUITY FUND VC XI LP | -$13,413 | -$13,413 | -$13,413 |
| FUGIO PRIVATE EQUITY FUND VII | -$23,939 | -$23,939 | -$23,939 |
| FUGIO PRIVATE EQUITY FUND VIII | -$16,359 | -$16,359 | -$16,359 |
| FUGIO PRIVATE EQUITY FUND X LP | -$39,831 | -$39,831 | -$39,831 |
| HUNTERS RUN LLP | -$89,108 | -$89,108 | -$89,108 |
| ISHARES S&P GSCI COMMODITY LP | -$60,743 | -$60,743 | -$60,743 |
| JMC HOLDINGS, LLC | -$44,353 | -$44,353 | -$44,353 |
| NEWHALL HOLDINGS LLC | -$9,962 | -$9,962 | -$9,962 |
| PRIVATE EQUITY OPP PPV ONSHORE FF | -$18,962 | -$18,962 | -$18,962 |
| SAUGUS COMMONS | $951,101 | $951,101 | $951,101 |
| SHREWSBURY COMMONS | $491,649 | $491,649 | $491,649 |
| SHREWSBURY CONSERVATIVE | -$3,564 | -$3,564 | -$3,564 |
| SIGULER GUFF DISTRESSED OPPORTUNITIES FUND | $21,546 | $21,546 | $21,546 |
| WEYMOUTH COMMONS | $106,836 | $106,836 | $106,836 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| NEGATIVE TAX BASIS REAL ESTATE INVESTMENTS | $12,692,298 | $11,897,352 |
| DEFERRED FEDERAL EXCISE TAX | $496,835 | $545,462 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $303,693 | $303,693 | $0 |
| REVIEW AND TAX | $12,000 | $6,000 | $0 |
| PHILANTHROPIC SERVICES | $484,956 | $0 | $484,956 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MA PC FEES | $500 | $0 | $0 |
| FEDERAL EXCISE TAX | $106,000 | $0 | $0 |
| FOREIGN AND UBTI TAX AND STATE INCOME TAX | $43,444 | $43,444 | $0 |
| DEFERRED FEDERAL EXCISE TAX | $48,627 | $0 | $0 |