HERMAN AND FRIEDA L MILLER FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: HERMAN AND FRIEDA L MILLER FOUNDATION (EIN 13-7131926)
Tax period: 2019-12-01 to 2020-11-30
Filed: 2021-04-13
IRS object ID: 202121039349100607
Schema version: 2019v5.2
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 Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-04-13T10:06:51-05:00	ReturnTs
Tax Period End	2020-11-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	042571780	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	AAFCPAS INC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	50 WASHINGTON STREET	AddressLine1Txt
City	WESTBOROUGH	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01581	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-12-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	137131926	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HERMAN AND FRIEDA L MILLER FOUNDATION	BusinessNameLine1Txt
Business Name Line2	C/O GMA FOUNDATIONS	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	HERM	BusinessNameControlTxt
Phone	6174267080	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2 LIBERTY SQUARE NO 500	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02109	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MYRON MILLER	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	6174267080	PhoneNum
Signature	2021-04-07	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOYCE RIPIANZI CPA	PreparerPersonNm
PTIN	P00548581	PTIN
Phone	5083669100	PhoneNum
Preparation	2021-04-07	PreparationDt

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$38,179,320	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$1,062,603	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,077,379	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$64,723	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$12,273,316	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$64,723	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$325,973	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$109,191	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,453,299	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,251,293	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	$6,925	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$6,925	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$289,060	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$122,995	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$166,065	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$17,577	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$18,830	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$260	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$260	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$14,119	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$27,104	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$7,557	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$327,941	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$168,929	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$180,807	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,565,666	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,565,666	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,893,607	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$168,929	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$2,746,473	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,440,308	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,082,364	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$182,028	CashBOYAmt
Cash EOY	$4,110	CashEOYAmt
Cash EOYFMV	$4,110	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$145,472	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$144,141	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$144,141	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$5,755,963	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$5,644,326	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$5,644,326	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$21,774,137	CorporateStockBOYAmt
Corporate Stock EOY	$19,002,628	CorporateStockEOYAmt
Corporate Stock EOYFMV	$19,002,628	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$1,064,701	CorporateBondsBOYAmt
Corporate Bonds EOY	$1,182,164	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$1,182,164	CorporateBondsEOYFMVAmt
Other Investments BOY	$11,091,987	OtherInvestmentsBOYAmt
Other Investments EOY	$12,201,951	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$12,201,951	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$40,014,288	TotalAssetsBOYAmt
Total Assets EOY	$38,179,320	TotalAssetsEOYAmt
Total Assets EOYFMV	$38,179,320	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$35,086,060	CapitalStockBOYAmt
Capital Stock EOY	$35,086,060	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$4,928,228	RetainedEarningBOYAmt
Retained Earning EOY	$3,093,260	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$40,014,288	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$38,179,320	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$40,014,288	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$38,179,320	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$40,014,288	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,440,308	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$38,573,980	SubtotalAmt
Other Decreases	$394,660	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$38,179,320	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	AcquiredAcquiredDt	SoldSoldDt
PUBLICLY TRADED SECURITIES	P	$10,162,631	$10,589,396	-$426,765	-$426,765
ALTERNATIVE INVESTMENTS	P	$3,490	$4,056	-$566	-$566	2018-01-31	2019-12-31
ALTERNATIVE INVESTMENTS	P	$5,607	$7,577	-$1,970	-$1,970	2018-07-31	2019-12-31
ALTERNATIVE INVESTMENTS	P	$10,953	$14,802	-$3,849	-$3,849	2018-07-31	2019-12-31
ALTERNATIVE INVESTMENTS	P	$126,990	$146,894	-$19,904	-$19,904	2017-12-31	2019-12-31
ALTERNATIVE INVESTMENTS	P	$2,976	$2,978	-$2	-$2	2018-11-30	2020-01-31
ALTERNATIVE INVESTMENTS	P	$5,814	$5,818	-$4	-$4	2018-11-30	2020-01-31
ALTERNATIVE INVESTMENTS	P	$1,056,485	$782,382	$274,103	$274,103	2017-10-31	2020-01-31
ALTERNATIVE INVESTMENTS	P	$268,358	$187,467	$80,891	$80,891	2017-10-27	2020-01-31
ALTERNATIVE INVESTMENTS	P	$520,829	$374,818	$146,011	$146,011	2018-02-28	2020-01-31
ALTERNATIVE INVESTMENTS	P	$22,242	$10,267	$11,975	$11,975	2018-01-31	2020-01-31
ALTERNATIVE INVESTMENTS	P	$5,577	$3,996	$1,581	$1,581	2018-10-31	2020-01-31
ALTERNATIVE INVESTMENTS	P	$10,895	$7,807	$3,088	$3,088	2018-10-31	2020-01-31
ALTERNATIVE INVESTMENTS	P	$5,140	$4,639	$501	$501	2018-11-30	2020-01-31
ALTERNATIVE INVESTMENTS	P	$10,042	$9,063	$979	$979	2018-11-30	2020-01-31
ALTERNATIVE INVESTMENTS	P	$6,195	$6,472	-$277	-$277	2020-01-31	2020-02-28
ALTERNATIVE INVESTMENTS	P	$49,092	$50,161	-$1,069	-$1,069	2020-01-31	2020-11-30

Field	Value	IRS element (for citing)
Capital Gain Net Income	$64,723	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$2,691,005	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$40,397,037	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.066614	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$2,775,577	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$42,465,809	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.065360	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$3,038,656	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$44,263,713	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.068649	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$2,964,963	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$43,672,311	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.067891	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$2,986,525	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$49,012,107	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.060934	DistributionYr5Rt
Total Distribution	0.329448	TotalDistributionRt
Average Distribution	0.065890	AverageDistributionRt
Net Vl Noncharitable Assets	$37,814,116	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$2,491,572	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$10,824	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$2,502,396	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$2,746,473	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$10,824	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$10,824	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$10,824	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$19,386	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$19,386	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$8,562	OverpaymentAmt
Applied To ES Tax	$8,562	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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
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	GMA FOUNDATIONS INC	IndividualWithBooksNm
Phone	6174267080	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2 LIBERTY SQUARE SUITE 500	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02109	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

Field	Value	IRS element (for citing)
Person	MYRON MILLER CO GMA FOUNDATIONSINC	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2 LIBERTY SQUARE SUITE 500	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02109	ZIPCd

Field	Value	IRS element (for citing)
Title	TRUSTEE	TitleTxt
Average Hrs Per Wk Devoted To Pos	5.00	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt
Employee Benefit Program	$0	EmployeeBenefitProgramAmt
Expense Account Other Allwnc	$0	ExpenseAccountOtherAllwncAmt

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
GMA FOUNDATIONS INC
2 LIBERTY SQUARE SUITE 500	BOSTON	MA	02109	GRANT ADMINISTRATION	$166,065
MORGAN STANLEY
53 STATE STREET	BOSTON	MA	02109	INVESTMENT FEES	$84,506

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt
Expenses1	$0	Expenses1Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$25,305,401	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$882,613	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$12,201,951	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$38,389,965	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$38,389,965	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$575,849	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$37,814,116	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,890,706	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,890,706	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$10,824	TaxBasedOnInvestmentIncomeAmt
Total Tax	$10,824	TotalTaxAmt
Distributable Before Adj	$1,879,882	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$25,000	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,904,882	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,904,882	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,746,473	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$2,746,473	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$10,824	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$2,735,649	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,904,882	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$586,065	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$747,037	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$825,036	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$687,925	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$700,008	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$3,546,071	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,746,473	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,904,882	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$841,591	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$4,387,662	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	$586,065	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$3,801,597	ExcessDistriCyovToNextYrAmt
Excess From Year4	$747,037	ExcessFromYear4Amt
Excess From Year3	$825,036	ExcessFromYear3Amt
Excess From Year2	$687,925	ExcessFromYear2Amt
Excess From Year1	$700,008	ExcessFromYear1Amt
Excess From Current Year	$841,591	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (57 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
ASIAN AMERICAN RESOURCE WORKSHOP INC
42 CHARLES STREET SUITE D	DORCHESTER	MA	02122	PC	GENERAL OPERATING SUPPORT	$35,000
AYNI INSTITUTE INC
1120 SARATOGA ST SUITE 2	EAST BOSTON	MA	02128	PC	MOVIMIENTO COSECHA	$30,000
BOSTON AFFORDABLE HOUSING COALITION DBA MA ALLIANCE OF HUD TENANTS
42 SEAVERNS AVENUE	JAMAICA PLAIN	MA	02130	PC	SAVE OUR HOMES	$45,000
BOSTON CASA
85 MERRIMAC STREET SUITE 401	BOSTON	MA	02114	PC	TAY PROJECT	$50,000
BOSTON NEIGHBORHOOD COM LAND TRUST
550 DUDLEY STREET	ROXBURY	MA	02119	PC	HOUSING JUSTICE THROUGH COMMUNITY CONTROL	$25,000
BOSTON TENANT COALITION INC
11 BEACON STREET SUITE 510	BOSTON	MA	02108	PC	HOUSING EQUITY INITIATIVE	$50,000
BRAZILIAN WORKER CENTER
14 HARVARD AVENUE 2ND FLOOR	ALLSTON	MA	02134	PC	BRAZILIAN WORKER CENTER OPERATING FUNDS	$50,000
BRIDGE OVER TROUBLED WATERS
47 WEST STREET	BOSTON	MA	02111	PC	COMBATTING SUBSTANCE ABUSE AMONG HOMELESS AND HIGH-RISK YOUTH	$50,000
BROCKTON INTERFAITH COMMUNITY
1350 PLEASANT STREET	BROCKTON	MA	02301	PC	BROCKTON INTERFAITH COMMUNITY	$45,000
CENTER FOR LABOR ED & RESEARCH INC FBO STUDENT IMMIGRANT MOVEMENT
375 CENTRE STREET	BOSTON	MA	02130	PC	JOBS WITH JUSTICE, STUDENT IMMIGRANT MOVEMENT	$50,000
CENTRAL SQUARE THEATER INC
450 MASSACHUSETTS AVENUE	CAMBRIDGE	MA	02139	PC	CENTRAL SQUARE THEATER SEASON 2020 - 2021	$50,000
CENTRO PRESENTE INC
12 BENNINGTON ST SUITE 202	EAST BOSTON	MA	02128	PC	IMMIGRANT ORGANIZING FOR SOCIAL CHANGE	$50,000
CHAPA FBO HOUSING NAVIGATOR MA
ONE BEACON ST 5TH FLOOR	BOSTON	MA	02108	PC	F/B/O HOUSING NAVIGATOR MASSACHUSETTS	$50,000
CHINATOWN COMMUNITY LAND TRUST
28 ASH STREET	BOSTON	MA	02111	PC	GENERAL OPERATIONS	$25,000
CHINESE PROGRESSIVE ASSOC
28 ASH ST	BOSTON	MA	02111	PC	CHINESE PROGRESSIVE ASSOCIATION	$50,000
CITY LIFE VIDA URBANA
PO BOX 300107	JAMAICA PLAIN	MA	02130	PC	BOSTON HOUSING ORGANIZING PROJECT	$65,000
COMMUNITY COOPERATIVE
1226 VERMONT AVE NW SUITE 200	WASHINGTON	DC	20005	PC	COMMUNITY PURCHASING ALLIANCE- MASSACHUSETTS	$50,000
ESSEX COUNTY COMMUNITY ORGANIZATION
74 SOUTH COMMON ST	LYNN	MA	01902	PC	BELOVED ECONOMY	$65,000
GREATER BOSTON LEGAL SERVICES
197 FRIEND STREET	BOSTON	MA	02114	PC	DAVID VS. GOLIATH: CLOSING THE JUSTICE GAP THROUGH CONSUMER RIGHTS ADVOCACY	$40,000
GREENROOTS INC
227 MARGINAL ST SUITE 1	CHELSEA	MA	02150	PC	ENVIRONMENTAL JUSTICE & ANTI-DISPLACEMENT IN THE AFTERMATH OF COVID-19	$50,000
HEALTH CARE WITHOUT WALLS
148 LINDEN STREET SUITE 208	WELLESLEY	MA	02482	PC	BRIDGES TO MOMS	$35,000
HIGHER GROUND BOSTON
384 WARREN STREET 3RD FLOOR	ROXBURY	MA	02119	PC	FAMILY-LED STABILITY PROJECT	$50,000
JEWISH ALLIANCE FOR LAW & SOCIAL ACTION
11 BEACON STREET SUITE 722	BOSTON	MA	02108	PC	GENERAL OPERATIONS	$40,000
JOIN FOR JUSTICE
359 BOYLSTON ST 4TH FLOOR	BOSTON	MA	02116	PC	PLACEMENT SUBSIDIES AND STRATEGIC INITIATIVES	$40,000
JOIN FOR JUSTICE
359 BOYLSTON ST 4TH FLOOR	BOSTON	MA	02116	PC	ACCESS TO POWER FELLOWSHIP	$65,000
JUSTICE AT WORK
90 CANAL STREET	BOSTON	MA	02114	PC	JUSTICE AT WORK	$60,000
JUSTICE RESOURCE INSTITUTE INC
160 GOULD STREET SUITE 300	NEEDHAM	MA	02494	PC	F/B/O BOSTON YOUTH ACTION BOARD	$20,000
LA COLABORATIVA
318 BROADWAY	CHELSEA	MA	02150	PC	GENERAL OPERATIONS	$60,000
LAWYERS FOR CIVIL RIGHTS
61 BATTERYMARCH	BOSTON	MA	02110	PC	IMMIGRANT EMPOWERMENT THROUGH LEGAL LITERACY, ADVOCACY, AND TECHNICAL ASSISTANCE	$50,000
MA IMMIGRANT & REFUGEE ADVOCACY COALITION
105 CHAUNCY STREET SUITE 901	BOSTON	MA	02111	PC	GENERAL OPERATING	$75,000
MASS COALITION OCCUPATIONAL SAFETYHEALTH
1532B DORCHESTER AVE	DORCHESTER	MA	02122	PC	BUILDING LEADERSHIP FOR WORKER HEALTH AND SAFETY IN THE TIME OF COVID-19	$60,000
MASS VOTER EDUCATION NETWORK INC
41 WEST STREET SUITE 700	BOSTON	MA	02111	PC	DEMOCRACY HUBS	$50,000
MASSACHUSETTS AFFORDABLE HOUSING ALLIANCE
1803 DORCHESTER AVENUE	DORCHESTER	MA	02124	PC	HOMEOWNERSHIP JUSTICE VISION	$40,000
MASSACHUSETTS BUDGET & POLICY CENTER
1 STATE STREET SUITE 1250	BOSTON	MA	02109	PC	GENERAL OPERATIONS	$90,000
MASSACHUSETTS COMMUNITIES ACTION NETWORK
14 CUSHING AVENUE	DORCHESTER	MA	02125	PC	POWERFUL ORGANIZING AND INNOVATING FOR ECONOMIC DEMOCRACY	$75,000
MASSACHUSETTS COMMUNITIES ACTION NETWORK
14 CUSHING AVENUE	DORCHESTER	MA	02125	PC	F/B/O I HAVE A FUTURE	$50,000
MASSACHUSETTS LEGAL ASSISTANCE FBO GREATER BOSTON IMMIGRANT DEFENSE FUND
7 WINTHROP SQUARE 2ND FLOOR	BOSTON	MA	02110	PC	GREATER BOSTON IMMIGRANT DEFENSE FUND	$25,000
MOMENTUM COMMUNITY
34 MORAINE ST 1	JAMAICA PLAIN	MA	02130	PC	MOMENTUM COMMUNITY	$40,000
MSPCC
125 HARTWELL AVENUE	LEXINGTON	MA	02421	PC	ADVOCACY FOR STATEWIDE ADOPTION OF A BEHAVIORAL URGENT CARE MODEL	$50,000
MUSLIM JUSTICE LEAGUE
C/O WEWORK 8TH FLOOR 745 ATLANTIC	BOSTON	MA	02111	PC	GENERAL OPERATIONS	$25,000	AVE
NEIGHBOR TO NEIGHBOR MA EDUCATION FUND
15 COURT SQUARE STE 345	BOSTON	MA	02108	PC	ORGANIZING & POWER BUILDING IN THE ERA OF PHYSICAL DISTANCING	$50,000
NORTH SHORE WORKERS COMMUNITY FUND
112 EXCHANGE ST	LYNN	MA	01901	PC	BUILDING CAPACITY AND EXPANDING INFLUENCE 2020	$15,000
NORTHEASTERN UNIVERSITY FBO BOSTON AREA RESEARCH INIT
OFFICE OF RESEARCH ADMIN	BOSTON	MA	02115	PC	FOR BARI	$55,666
PHILANTHROPY MA FBO DRAWING DEMOCRACY
133 FEDERAL STREET	BOSTON	MA	02110	PC	F/B/O DRAWING DEMOCRACY PROJECT	$25,000
PHILANTHROPY MASS FBO MA CENSUS
133 FEDERAL STREET SUITE 802	BOSTON	MA	02110	PC	F/B/O MA CENSUS EQUITY FUND	$25,000
PHILANTHROPY MASS FBO MA CENSUS
133 FEDERAL STREET SUITE 802	BOSTON	MA	02110	PC	F/B/O CENSUS EQUITY FUND/RAPID RESPONSE	$5,000
POLITICAL RESEARCH ASSOCIATES
1310 BROADWAY SUITE 201	SOMERVILLE	MA	02144	PC	FUELING THE FIGHT FOR RACIAL AND IMMIGRANT JUSTICE	$50,000
RIGHT TO THE CITY ALLIANCE INC FBO RIGHT TO THE CITY BOSTON
388 ATLANTIC AVENUE SUITE 2	BROOKLYN	NY	11217	PC	F/B/O RIGHT TO THE CITY BOSTON	$35,000
SOMERVILLE COMMUNITY CORPORATION INC
337 SOMERVILLE AVENUE 2ND FLOOR	SOMERVILLE	MA	02143	PC	ORGANIZING PROGRAM	$60,000
SOUTH MIDDLESEX OPPORTUNITY COUNCIL INC
7 BISHOP STREET	FRAMINGHAM	MA	01702	PC	A PLACE TO LIVE: ENDING CHRONIC HOMELESSNESS THROUGH MODULAR MICRO-UNIT SUPPORTIVE HOUSING	$50,000
THE NEIGHBORHOOD DEVELOPERS INC
4 GERRISH AVE	CHELSEA	MA	02150	PC	CHELSEA LEADERSHIP DEVELOPMENT AND ANTI-DISPLACEMENT CAMPAIGN	$30,000
THE THEATER OFFENSIVE
565 BOYLSTON ST 3RD FLOOR	BOSTON	MA	02116	PC	QUEER (RE)PUBLIC	$50,000
TRINITY BOSTON INC
206 CLARENDON STREET	BOSTON	MA	02116	PC	ORGANIZATIONAL EQUITY PRACTICE	$25,000
TSNE MISSIONWORKS FBO MASSACHUSETTS VOTER TABLE
89 SOUTH STREET SUITE 700	BOSTON	MA	02111	PC	F/B/O MASSACHUSETTS VOTER TABLE	$50,000
UNITED TEEN EQUALITY CENTER
15 WARREN ST 3	LOWELL	MA	01852	PC	UTEC EMPOWERMENT MODEL	$40,000
UNITED WAY OF MB & MV
51 SLEEPER ST	BOSTON	MA	02210	PC	LAUNCH	$35,000
YOUTHBUILD USA FBO YOUTH ON BOARD
58 DAY STREET	SOMERVILLE	MA	02144	PC	YOUTH ON BOARD FOR BOSTON STUDENT ADVISORY COUNCIL	$40,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,565,666	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,062,603	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$64,723	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (3 entries)

DescDesc	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
PARTNERSHIP DISTRIBUTION	$300,878
RETURN OF CAPITAL	$95
RETURNED GRANT	$25,000

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,127,326	ExclusionAmt
Related Or Exempt Function Incm	$325,973	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,453,299	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)

Line NumberLineNumberTxt	Relationship StatementRelationshipStatementTxt
11A	PARTNERSHIP DISTRIBUTIONS FROM INVESTMENT IN LIMITED PARTNERSHIP
11B	MISCELLANEOUS INCOME
11C	RETURNED GRANT - CITC CREDIT

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	CategoryTxt
Amt	$6,925	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$6,925	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	VARIOUS PUBLICLY TRADED SECURITIES	BondNm
EOY Book Value	$1,182,164	EOYBookValueAmt
EOYFMV	$1,182,164	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	VARIOUS PUBLICLY TRADED SECURITIES	StockNm
EOY Book Value	$19,002,628	EOYBookValueAmt
EOYFMV	$19,002,628	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$5,543,958	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$5,543,958	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$100,368	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$100,368	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (16 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
MOAB PARTNERS SERIES JAN 2000 OFFSHORE FUND	FMV	$1,480,253	$1,480,253
OUTRIDER	FMV	$48,029	$48,029
TWIN OFFSHORE	FMV	$28,610	$28,610
MARBLEGATE SPECIAL OPP 16	FMV	$248,806	$248,806
MARBLEGATE SPECIAL OPP 14	FMV	$340,263	$340,263
MARBLEGATE SPECIAL OPP 13	FMV	$504,236	$504,236
MARBLEGATE SPECIAL OPP 17	FMV	$68,184	$68,184
MARBLEGATE SPECIAL OPP 25	FMV	$279,336	$279,336
MARBLEGATE SPECIAL OPP 24	FMV	$594,859	$594,859
ALTIMETER CAPITAL SERIES CONSOLIDATED	FMV	$3,750,409	$3,750,409
MOAB PARTNERS SERIES AUG 2017 OFFSHORE FUND	FMV	$493,747	$493,747
STEELHEAD PATHFINDER	FMV	$2,125,151	$2,125,151
BALTER INVENOMIC	FMV	$1,656,043	$1,656,043
ALTERNATIVE INVESTMENTS	AT COST	$75,000	$75,000
E-45 FUND	FMV	$406,405	$406,405
MAK CAPITAL	FMV	$102,620	$102,620

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSS	Desc
Amt	$394,660	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
STATE FILING FEES	$500	$0	$500
POSTAGE	$37	$0	$37
MISCELLANEOUS INVESTMENT DEDUCTIONS FROM K-1S	$0	$20,542	$0
BOND AMORTIZATION	$6,064	$6,064	$0
PHILANTHROPY MASSACHUSETTS 2019 MEMBERSHIP FEE	$7,000	$0	$7,000
BANK FEES	$20	$0	$20
SERVICE FEES	$498	$498	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (6 entries)

DescDesc	Net Investment IncomeNetInvestmentIncomeAmt	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
INCOME FROM PTP K-1S	$81,292
MARKWEST ENERGY PARTNERS, L.P.	$23,718
THE BLACKSTONE GROUP LP	$4,181
PARTNERSHIP DISTRIBUTION		$300,878	$300,878
RETURN OF CAPITAL		$95	$95
RETURNED GRANT		$25,000	$25,000

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
GRANTS MANAGEMENT SERVICES	$166,065	$0	$166,065
INVESTMENT MANAGEMENT FEES	$122,995	$122,995	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXCISE TAX	$7,580	$0	$0
FOREIGN TAX	$4,488	$18,830	$0
OTHER TAXES	$5,509	$0	$0