2023-04-13T12:29:20-05:00 2022-09-30 390859910 BAKER TILLY US LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2021-10-01 237209028 KIWANIS FOUNDATION OF NEW ENGLAND INC KIWA 5086260404 228 IRVINGTON STREET NEW BEDFORD MA 02745 THERESA M COOK TREASURER 5086260404 2023-04-11 1 THERESA COOK 999009999 MATTHEW KALIL CPA MBA P01517069 9785575300 2023-04-06 X 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z THERESA M COOK 228 IRVINGTON STREET NEW BEDFORD MA 02745 2721140 0 X KFNE.ORG X 1954 MA TO MAKE DONATIONS TO VARIOUS CHARITABLE, SCIENTIFIC OR EDUCATIONAL ORGANIZATIONS. 23 23 0 0 0 0 180135 55010 0 0 517845 752267 0 0 697980 807277 75451 11000 0 0 0 0 0 0 10640 77833 92548 153284 103548 544696 703729 8384309 7084256 115785 97807 8268524 6986449 TO MAKE DONATIONS TO VARIOUS CHARITABLE, SCIENTIFIC OR EDUCATIONAL ORGANIZATIONS. 0 0 12533 11000 SUPPORT OF THE KIWANIS PEDIATRIC TRAUMA INSTITUTE AT TUFTS MEDICAL CENTER 12533 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X THE ORGANIZATION 5086260404 228 IRVINGTON STREET NEW BEDFORD MA 02745 X CHRISTOPHER M HOLDEN PRESIDENT - ELECT 10.00 X 0 0 0 IRENE KUCINSKI DIRECTOR 1.00 X 0 0 0 GEORGE DELISLE DIRECTOR 1.00 X 0 0 0 PAUL J DONATO DIRECTOR 1.00 X 0 0 0 JOHN MAIHOS DIRECTOR 1.00 X 0 0 0 LYNN FARRELL DIRECTOR 1.00 X 0 0 0 DONNA ROBERTS DIRECTOR 1.00 X 0 0 0 AVA ADAMS DIRECTOR 1.00 X 0 0 0 PATRICIA STEVENS DIRECTOR 1.00 X 0 0 0 GLEN CEFALO DIRECTOR 1.00 X 0 0 0 JESSICA PLANTE DIRECTOR 1.00 X 0 0 0 GAYLA BARTLETT DIRECTOR 1.00 X 0 0 0 PATRICIA COSTAS DIRECTOR 1.00 X 0 0 0 DENIS MURPHY II DIRECTOR 1.00 X 0 0 0 SUSAN SCHROETER DIRECTOR 1.00 X 0 0 0 ROBERT WILLEY DIRECTOR 1.00 X 0 0 0 LARRY WADE DIRECTOR 1.00 X 0 0 0 WAYNE SPENCER DIRECTOR 1.00 X 0 0 0 GAIL CALVAO CLERK 25.00 X X 0 0 0 THERESA M COOK TREASURER 25.00 X X 0 0 0 DARYL SYLVIA VICE PRESIDENT 10.00 X X 0 0 0 JACK BROWN IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 DAVID PETERSON PRESIDENT 25.00 X X 0 0 0 0 0 0 0 0 0 0 0 55010 55010 152373 152373 2513757 1913863 599894 599894 599894 807277 0 0 752267 11000 11000 17250 17250 60080 60080 2632 90 2542 503 503 FUNDRAISING EXPENSES 10640 10640 OTHER PROGRAM EXPENSES 1443 1443 103548 12533 80375 10640 56327 127739 8803 8997 0 0 0 0 8203394 6850049 115785 97471 8384309 7084256 336 115785 97471 115785 97807 X 271971 270923 7996553 6715526 8268524 6986449 8384309 7084256 703729 -1985804 0 X X 1 X 0 1 0 X 61674 50543 50689 180135 55010 398051 61674 50543 50689 180135 55010 398051 103654 294397 459657 299480 125116 153503 152373 1190129 1588180 0.18540 0.16670 X THE FOUNDATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. DURING THE YEAR, THE FOUNDATION EXPERIENCED HIGHER THAN USUAL INVESTMENT GAINS BASED UPON MARKET CONDITIONS, THUS DROPPING THE PUBLIC SUPPORT PERCENTAGE FOR THE YEAR. THE FOUNDATION ALSO IS LOOKING TO EXPAND ITS SOLICITATIONS PROGRAM TO INCREASE ITS DONATIONS FROM THE GENERAL PUBLIC TO ACHIEVE PUBLIC SUPPORT OF GREATER THAN 33%. ADDITIONALLY, THE FOUNDATION HAS A GOVERNING BODY WHICH REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, AND THE FOUNDATION GENERALLY PROVIDES SERVICES AND GRANTS THAT DIRECTLY BENEFIT THE GENERAL PUBLIC ON A CONTINUING BASIS. 0 1 X 8203394 -1293148 6910246 6874158 170414 1234322 75500 8203394 6283910 -5952 666200 70000 6874158 5967395 54478 327037 65000 6283910 5562743 10040 466830 72218 5967395 0.02810 0.57500 0.39690 0 0 0 X PART IV, LINE 2B: THE FOUNDATION HOLDS FUNDS ON BEHALF OF SEVERAL LOCAL KIWANIS CLUBS PART V, LINE 4: THE FOUNDATION HAS VARIOUS PURPOSE RESTRICTED ENDOWMENT FUNDS, MOST NOTABLY TO SUPPORT PEDIATRIC TRAUMA CENTERS AND SIMILAR CAUSES IN THE NEW ENGLAND REGION. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE FOUNDATION'S EXEMPT FUNCTION. THE FOUNDATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE FOUNDATION'S EXEMPT FUNCTION. AS OF SEPTEMBER 30, 2022, MANAGEMENT BELIEVES THAT THE FOUNDATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE FOUNDATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF SEPTEMBER 30, 2022. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. 0 TUFTS MEDICAL CENTER - KIWANIS PEDIATRIC TRAUMA CENTER 755 WASHINGTON STREET BOSTON MA 02111 270440772 501(C)3 11000 0 GENERAL SUPPORT FOR THE TUFTS MEDICAL CENTER - KIWANIS PEDIATRIC TRAUMA CENTER 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE TREASURER OF THE BOARD AND THE FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY PAID OFFICERS OR KEY EMPLOYEES FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.