THE SAVINGS BANK CHARITABLE FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE SAVINGS BANK CHARITABLE FOUNDATION INC (EIN 04-3370164)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-09
- IRS object ID
- 202321299349102937
- Schema version
- 2022v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-09T07:26:22-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | 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 | VP/Treasurer/Director | PersonTitleTxt |
| Phone | 7812460400 | PhoneNum |
| Signature | 2023-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Denise | PersonFirstNm |
| Person Last | Carbone | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| 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 | Joseph R Byrne | PreparerPersonNm |
| PTIN | P01289281 | PTIN |
| Phone | 2077752387 | PhoneNum |
| Preparation | 2023-05-05 | 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 | $1,178,290 | 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 | $100,800 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $25,368 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $25,368 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,726 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $88,599 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,726 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $136,894 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $36,094 | 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 | $4,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $7,898 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,898 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,035 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $70 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $70 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,003 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,898 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,070 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $65,976 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $65,976 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $78,979 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,898 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $70,046 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $57,915 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $28,196 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $118,028 | CashBOYAmt |
| Cash EOY | $147,751 | CashEOYAmt |
| Cash EOYFMV | $147,751 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $49,693 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $34,534 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $34,534 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $15,000 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $14,860 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $545,016 | CorporateStockBOYAmt |
| Corporate Stock EOY | $561,563 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $892,666 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $80,447 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $92,251 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $88,479 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $793,184 | TotalAssetsBOYAmt |
| Total Assets EOY | $851,099 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,178,290 | 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 | $793,184 | RetainedEarningBOYAmt |
| Retained Earning EOY | $851,099 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $793,184 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $851,099 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $793,184 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $851,099 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $793,184 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $57,915 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $851,099 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $851,099 | 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 |
| Gross Sales Price | $88,599 | GrossSalesPriceAmt |
| Cost Or Other Basis | $77,873 | CostOrOtherBasisAmt |
| Gain Or Loss | $10,726 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $10,726 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,726 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $392 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $392 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $392 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $720 | 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 | $720 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $328 | OverpaymentAmt |
| Applied To ES Tax | $328 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Robert J DiBella | ||||||||
| 357 Main Street PO Box 30 | Wakefield | MA | 01880 | President/Director | 1.00 | $0 | $0 | $0 |
| 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 |
| 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 | $1,000,987 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $120,832 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,121,819 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,121,819 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $16,827 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,104,992 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $55,250 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $55,250 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $392 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $392 | TotalTaxAmt |
| Distributable Before Adj | $54,858 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $54,858 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $54,858 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $70,046 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $70,046 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $54,858 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $844 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,927 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,907 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $14,283 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,880 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $22,841 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $70,046 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $54,858 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $15,188 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $38,029 | 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 | $844 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $37,185 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,927 | ExcessFromYear4Amt |
| Excess From Year3 | $2,907 | ExcessFromYear3Amt |
| Excess From Year2 | $14,283 | ExcessFromYear2Amt |
| Excess From Year1 | $2,880 | ExcessFromYear1Amt |
| Excess From Current Year | $15,188 | 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 | Robert J DiBella | 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 (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Community Giving Tree | ||||||
| 572B Main Street | Boxford | MA | 01921 | PC | Provide Basic Necessities To Communities In Lawrene, Lowell, Lynn And Haverhill | $2,000 |
| Mission of Deeds | ||||||
| 6 Chapin Avenue | Reading | MA | 01867 | PC | New Beds, Used Home Goods For People In Need, Free Of Charge | $5,000 |
| Merrimack Valley Dream Center | ||||||
| 60 Island Street 2nd Floor | Lawreance | MA | 01840 | PC | Homelessness | $2,500 |
| Ladybug Love | ||||||
| 140 Winona Street | Peabody | MA | 01960 | PC | Blankets | $2,500 |
| Mystic Valley Elder Services | ||||||
| 300 Commercial Street 19 | Malden | MA | 02148 | PC | Support Elders And Adults With Disabilities | $3,000 |
| Boys & Girls Club of Lawrence | ||||||
| 136 Water Street | Lawreance | MA | 01841 | PC | Youth Programs | $5,000 |
| Massachusetts Coalition for the Homeless | ||||||
| 687 West 204th Street | Boston | MA | 02131 | PC | A Bed For Every Child | $3,000 |
| Lazarus House Ministries | ||||||
| PO Box 4058 | Lawreance | MA | 01842 | PC | Helps Families Living In Poverty | $4,000 |
| Bread of Life | ||||||
| 214 Commercial Street Suite 209 | Malden | MA | 02148 | PC | Meals, Groceries For Homeless Families | $2,500 |
| Emmaus | ||||||
| PO Box 568 | Haverhill | MA | 01831 | PC | Emergency Shelter | $5,000 |
| Boys & Girls Club of Stoneham & Wakefield | ||||||
| 15 Dale Court | Stoneham | MA | 02180 | PC | Childcare Services | $5,500 |
| Bread & Roses | ||||||
| 58 Newbury Street | Lawreance | MA | 01840 | PC | Kitchen Serving For Hardship Families | $3,500 |
| Debbie's Treasure Chest | ||||||
| 184 Pleasant Valley St Suite 2-201 | Methuen | MA | 01844 | PC | Human Necessitiies To Economically Disadvantaged People In Merrimack Valley | $3,500 |
| Neighbors in Need | ||||||
| PO Box 447 | Lawrence | MA | 01842 | PC | Food Pantries | $5,000 |
| Bellesini Academy | ||||||
| 94 Bradford Street | Lawrence | MA | 01840 | PC | Academic Programs For School Children | $2,500 |
| Essex Art Center | ||||||
| 56 Island Street | Lawrence | MA | 01840 | PC | Outreach Programs Through Art | $4,000 |
| Communitas | ||||||
| 60-D Audubon Road | Wakefield | MA | 01880 | PC | Fitness And Health Programs | $2,476 |
| Wakefield Food Pantry | ||||||
| PO Box 1624 | Wakefield | MA | 01880 | PC | Food Pantries | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $65,976 | 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 | $25,368 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,726 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $36,094 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $36,094 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Savings Bank | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 Main Street | AddressLine1Txt |
| City | Wakefield | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01880 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $100,800 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $4,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 335 Shr Invesco Taxable Muni Bond ETF | $9,960 | $8,613 |
| 88 Shr Ishares Tips Bond ETF | $10,028 | $9,367 |
| 15000 Shr Marathon Pete Corp 5.125% 12/15/2026 | $14,664 | $14,927 |
| 15000 Shr Citigroup Inc 5.50% 9/13/2025 | $15,155 | $15,104 |
| 15000 Shr Jpmorgan Chase Finl Co LLC 4.30% 12/22/2023 | $14,971 | $14,559 |
| 15000 Shr Schwab Charles Corp 5.375% Fixed To Float | $14,936 | $14,670 |
| 145 Shr Vanguard Interm-Tm Corp Bond ETF | $12,537 | $11,239 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (49 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 80 Shr Home Depot Inc | $9,760 | $25,269 |
| 200 Shr Paychex Inc | $9,630 | $23,112 |
| 105 Shr Nestle S A Sponsored Adr | $9,590 | $12,158 |
| 210 Shr Southern Company | $9,574 | $14,995 |
| 125 Shr Target Corp | $9,354 | $18,630 |
| 55 Shr Amgen Inc | $8,949 | $14,445 |
| 60 Shr Cummins Inc | $8,458 | $14,537 |
| 410 Shr Aflac Inc | $8,063 | $29,495 |
| 125 Shr General Mills Inc | $7,979 | $10,481 |
| 250 Shr Apple Inc | $6,738 | $32,483 |
| 390 Shr Healthpeak Pptys Inc | $9,890 | $9,777 |
| 70 Shr Mcdonalds Corp | $6,636 | $18,447 |
| 100 Shr Johnson And Johnson | $5,852 | $17,665 |
| 60 Shr Albemarle Corp | $5,732 | $13,012 |
| 100 Shr Duke Energy Corp | $5,570 | $10,299 |
| 65 Shr Accenture Plc A | $4,776 | $17,345 |
| 150 Shr Abbvie Inc | $4,180 | $24,242 |
| 25 Shr Costco Wholesale Corp | $3,866 | $11,413 |
| 125 Shr Waste Management Inc | $3,822 | $19,610 |
| 145 Shr Microsoft Corp | $3,245 | $34,774 |
| 590 Shr Wisdomtree International High Div | $21,496 | $21,163 |
| 55 Shr Pepsico Inc | $6,389 | $9,936 |
| 125 Shr Vanguard Real Estate ETF | $10,308 | $10,310 |
| 65 Shr Meta Platforms Inc Cl A | $10,355 | $7,822 |
| 505 Shr Vanguard Ftse Developed Mkts Ex-Us | $20,481 | $21,195 |
| 165 Shr International Business Machines | $20,434 | $23,247 |
| 240 Shr Ishares Core S&P Small Cap | $19,249 | $22,714 |
| 145 Shr Zimmer Biomet Hldgs Inc | $18,839 | $18,488 |
| 90 Shr Honeywell International Inc | $18,434 | $19,287 |
| 125 Shr Alphabet Inc Cl C | $16,489 | $11,091 |
| 305 Shr Verizon Communications Inc | $16,282 | $12,017 |
| 490 Shr Cisco Systems Inc | $16,226 | $23,344 |
| 200 Shr Qualcomm Inc | $15,761 | $21,988 |
| 193 Shr Raytheon Technologies Corp | $15,225 | $19,478 |
| 515 Shr Bank Of America Corp | $10,335 | $17,057 |
| 150 Shr Walt Disney Co | $14,776 | $13,032 |
| 70 Shr Visa Inc Cl A | $13,654 | $14,543 |
| 275 Shr Metlife Inc | $13,219 | $19,902 |
| 150 Shr Abbott Laboratories | $13,182 | $16,469 |
| 365 Shr Vanguard Emerging Markets | $12,062 | $14,228 |
| 170 Shr Chevron Corp | $11,998 | $30,513 |
| 120 Shr Genuine Parts Co | $11,991 | $20,821 |
| 205 Shr Bristol-Myers Squibb Co | $11,505 | $14,750 |
| 40 Shr Unitedhealth Group Inc | $10,632 | $21,207 |
| 180 Shr Jp Morgan Chase & Co | $10,626 | $24,138 |
| 210 Shr Dow Inc | $10,415 | $10,582 |
| 645 Shr At&T Inc | $14,345 | $11,874 |
| 70 Shr Procter & Gamble Co | $2,976 | $10,609 |
| 940 Shr Wisdomtree Midcap Dividend | $32,215 | $38,672 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $15,000 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $14,860 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | State Filing Fee | Desc |
| Revenue And Expenses Per Books | $70 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $70 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $7,898 | Amt |
| Net Investment Income | $7,898 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise Taxes | CategoryTxt |
| Amt | $1,035 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |