MATHWORKS FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MATHWORKS FOUNDATION INC (EIN 83-1665375)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-03-17
- IRS object ID
- 202300769349100510
- Schema version
- 2022v4.1
- 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
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-03-17T13:25:22-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042689883 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOLF & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 STATE STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831665375 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MATHWORKS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MATH | BusinessNameControlTxt |
| Phone | 5086477000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 APPLE HILL DRIVE | AddressLine1Txt |
| City | NATICK | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01760 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEANNE O'KEEFE | PersonNm |
| Person Title | TREASURER/DIRECTOR | PersonTitleTxt |
| Phone | 5086477000 | PhoneNum |
| Signature | 2023-03-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JEANNE | PersonFirstNm |
| Person Last | OKEEFE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 000003258 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HARRY A KALAJIAN JR CPA | PreparerPersonNm |
| PTIN | P00464296 | PTIN |
| Phone | 6174399700 | PhoneNum |
| Preparation | 2023-03-17 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $250,693,701 | 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 |
| Interest On Sav Rev And Expnss | $5,924 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,924 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $5,640,760 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,640,760 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,022 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $53,827,822 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,022 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $5,650,706 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,650,706 | 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 |
| Legal Fees Rev And Expnss | $3,950 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,950 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,935 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,935 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $85,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,187 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,187 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $95,072 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,072 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $20,608,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $20,608,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $20,703,072 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $20,618,072 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$15,052,366 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,650,706 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,370,417 | CashBOYAmt |
| Cash EOY | $2,354,301 | CashEOYAmt |
| Cash EOYFMV | $2,354,301 | CashEOYFMVAmt |
| Other Investments BOY | $296,654,680 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $248,339,400 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $248,339,400 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $299,025,097 | TotalAssetsBOYAmt |
| Total Assets EOY | $250,693,701 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $250,693,701 | 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 | $299,025,097 | RetainedEarningBOYAmt |
| Retained Earning EOY | $250,693,701 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $299,025,097 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $250,693,701 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $299,025,097 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $250,693,701 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $299,025,097 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$15,052,366 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $283,972,731 | SubtotalAmt |
| Other Decreases | $33,279,030 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $250,693,701 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| VANGUARD SHORT-TERM BOND ETF | P | 2021-03-17 | 2022-12-05 | $1,130,524 | $1,234,500 | -$103,976 | -$103,976 |
| VANGUARD SHORT-TERM BOND ETF | P | 2021-03-09 | 2022-12-05 | $1,507,365 | $1,643,400 | -$136,035 | -$136,035 |
| VANGUARD SHORT-TERM BOND ETF | P | 2021-03-09 | 2022-12-05 | $753,683 | $821,700 | -$68,017 | -$68,017 |
| VANGUARD SHORT TERM COR BD ETF IV | P | 2022-11-18 | 2022-12-05 | $4,897,066 | $4,878,900 | $18,166 | $18,166 |
| VGRD FTSE ALL WRLD EX US SML CAP ETF | P | 2021-12-08 | 2022-12-05 | $744,223 | $943,040 | -$198,817 | -$198,817 |
| VANGUARD VALUE ETF | P | 2019-12-12 | 2022-12-05 | $2,867,970 | $2,378,000 | $489,970 | $489,970 |
| VGRD FTSE ALL WRLD EX US SML CAP ETF | P | 2021-12-08 | 2022-11-28 | $313,204 | $404,160 | -$90,956 | -$90,956 |
| VANGUARD SHORT-TERM BOND ETF | P | 2021-03-09 | 2022-11-15 | $751,283 | $821,700 | -$70,417 | -$70,417 |
| VANGUARD SHORT-TERM BOND ETF | P | 2021-01-12 | 2022-11-15 | $5,258,980 | $5,789,000 | -$530,020 | -$530,020 |
| VANGUARD VALUE ETF | P | 2019-12-12 | 2022-11-15 | $4,260,794 | $3,567,000 | $693,794 | $693,794 |
| VANGUARD SHORT-TERM BOND ETF | P | 2020-12-24 | 2022-11-10 | $4,883,338 | $5,385,900 | -$502,562 | -$502,562 |
| VANGUARD SHORT-TERM BOND ETF | P | 2020-10-30 | 2022-11-10 | $1,126,925 | $1,243,050 | -$116,125 | -$116,125 |
| VANGUARD VALUE ETF | P | 2019-12-12 | 2022-11-10 | $3,816,106 | $3,210,300 | $605,806 | $605,806 |
| VANGUARD VALUE ETF | P | 2019-12-12 | 2022-08-18 | $428,608 | $356,700 | $71,908 | $71,908 |
| VANGUARD VALUE ETF | P | 2019-12-12 | 2022-08-18 | $5,571,908 | $4,637,100 | $934,808 | $934,808 |
| VANGUARD SHORT-TERM BOND ETF | P | 2020-10-30 | 2022-07-28 | $4,643,414 | $4,972,200 | -$328,786 | -$328,786 |
| VANGUARD SHORT-TERM BOND ETF | P | 2020-10-28 | 2022-07-28 | $3,095,609 | $3,317,200 | -$221,591 | -$221,591 |
| VANGUARD SHORT-TERM BOND ETF | P | 2020-10-28 | 2022-05-26 | $1,944,206 | $2,073,250 | -$129,044 | -$129,044 |
| VANGUARD SHORT-TERM BOND ETF | P | 2020-03-06 | 2022-05-26 | $1,166,523 | $1,238,250 | -$71,727 | -$71,727 |
| VANGUARD SHORT-TERM BOND ETF | P | 2020-03-06 | 2022-05-26 | $1,166,523 | $1,237,950 | -$71,427 | -$71,427 |
| VANGUARD SHORT-TERM BOND ETF | P | 2020-03-06 | 2022-05-26 | $1,166,523 | $1,238,400 | -$71,877 | -$71,877 |
| VANGUARD SHORT-TERM BOND ETF | P | 2019-09-03 | 2022-05-26 | $2,333,047 | $2,432,100 | -$99,053 | -$99,053 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,022 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $78,545 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $78,545 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $78,545 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $89,763 | 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 | $89,763 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $11,218 | OverpaymentAmt |
| Applied To ES Tax | $11,218 | 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 | STEVEN DOUGLAS BARBO CO MATHWORKS | IndividualWithBooksNm |
| Phone | 5086477266 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 APPLE HILL DRIVE | AddressLine1Txt |
| City | NATICK | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01760 | 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 (5 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 LITTLE | ||||||||
| 1 APPLE HILL DRIVE | NATICK | MA | 01760 | PRESIDENT/DIRECTOR | 0.25 | $0 | $0 | $0 |
| JEANNE O'KEEFE | ||||||||
| 1 APPLE HILL DRIVE | NATICK | MA | 01760 | TREASURER/DIRECTOR | 0.25 | $0 | $0 | $0 |
| THOMAS M SPERA | ||||||||
| 1 APPLE HILL DRIVE | NATICK | MA | 01760 | CLERK | 0.25 | $0 | $0 | $0 |
| STEVEN DOUGLAS BARBO | ||||||||
| 1 APPLE HILL DRIVE | NATICK | MA | 01760 | AGENT | 0.50 | $0 | $0 | $0 |
| JAMES RIDER | ||||||||
| 1 APPLE HILL DRIVE | NATICK | MA | 01760 | AGENT | 0.50 | $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 | $270,819,174 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,719,718 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $273,538,892 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $273,538,892 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,103,083 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $269,435,809 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $13,471,790 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $13,471,790 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $78,545 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $78,545 | TotalTaxAmt |
| Distributable Before Adj | $13,393,245 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $13,393,245 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $13,393,245 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $20,618,072 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $20,618,072 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $13,393,245 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $9,520,186 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $20,618,072 | QualifyingDistributionsAmt |
| Applied To Year1 | $9,520,186 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $11,097,886 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,295,359 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COOPERATIVE FOR ASSISTANCE FOR RELIEF EVERYWHERE INC (CARE) | |||||||
| 151 ELLIS ST NE | ATLANTA | GA | 30303 | NOT RELATED | PC | EXEMPT PURPOSE | $2,000,000 |
| FOUNDATION FOR METROWEST | |||||||
| 3 ELIOT ST | NATICK | MA | 01760 | NOT RELATED | PC | EXEMPT PURPOSE | $225,000 |
| GLOBALGIVING FOUNDATION INC | |||||||
| 1 THOMAS CIRCLE NW SUITE 800 | WASHINGOTN | DC | 20005 | NOT RELATED | PC | EXEMPT PURPOSE | $500,000 |
| GREATER BOSTON FOOD BANK | |||||||
| 70 SOUTH BAY AVE | BOSTON | MA | 02118 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000,000 |
| KHAN ACADEMY INC | |||||||
| PO BOX 1630 | MOUNTAN VIEW | CA | 95134 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000,000 |
| MASSACHUSETTS AUDUBON SOCIETY INC | |||||||
| 208 S GREAT ROAD | LINCOLN | MA | 01773 | NOT RELATED | PC | EXEMPT PURPOSE | $2,458,000 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||
| 600 MEMORIAL DRIVE | CAMBRIDGE | MA | 02139 | NOT RELATED | PC | EXEMPT PURPOSE | $11,075,000 |
| UNIVERSITY OF MASSACHUSETTS FOUNDATION INC | |||||||
| ONE BEACON STREET | BOSTON | MA | 02108 | NOT RELATED | PC | EXEMPT PURPOSE | $250,000 |
| UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED | |||||||
| 700 LOMAS BLVD NE | ALBURQUEQUE | NM | 87102 | NOT RELATED | PC | EXEMPT PURPOSE | $2,000,000 |
| WIKIMEDIA FOUNDATION | |||||||
| 1 MONTGOMERY ST | SAN FRANCISCO | CA | 94104 | NOT RELATED | PC | EXEMPT PURPOSE | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $20,608,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MASSACHUSETTS FOUNDATION INC | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BEACON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NOT RELATED | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | EXEMPT PURPOSE | GrantOrContributionPurposeTxt |
| Amt | $750,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $750,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,924 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,640,760 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,022 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,650,706 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,650,706 | 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 | WOLF & COMPANY, P.C. | CategoryTxt |
| Amt | $3,935 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,935 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD SHORT-TERM BOND ETF | FMV | $52,319,600 | $52,319,600 |
| VANGUARD VALUE ETF | FMV | $48,848,760 | $48,848,760 |
| VANGUARD S&P 500 ETF | FMV | $43,917,500 | $43,917,500 |
| VANGUARD TOTAL BOND MARKET ETF | FMV | $35,920,000 | $35,920,000 |
| VANGARD FTSE DEVELOPED ETF | FMV | $16,788,000 | $16,788,000 |
| VANGUARD MID CAP VALUE ETF | FMV | $14,876,400 | $14,876,400 |
| VANGUARD SMALL CAP ETF | FMV | $8,442,840 | $8,442,840 |
| ISHARES HIGH YIELD CORP BOND ETF | FMV | $5,524,800 | $5,524,800 |
| VANGUARD EMERGING MARKETS ETF | FMV | $4,872,500 | $4,872,500 |
| VANGARD FTSE WORLD, EX US ETF | FMV | $3,084,300 | $3,084,300 |
| VANGARD SMALL CAP VALUE ETF | FMV | $3,970,000 | $3,970,000 |
| VANGUARD SHORT-TERM CORPORATE BOND EFT | FMV | $9,774,700 | $9,774,700 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ROPES & GRAY | CategoryTxt |
| Legal Fees | $3,950 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,950 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $33,279,030 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CT CORP | $187 | $0 | $187 |
| MA ATTORNEY GENERAL FILING FEE | $2,000 | $0 | $2,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ESTIMATED TAX PAYMENTS | CategoryTxt |
| Amt | $85,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |