2025-08-12T11:44:40-05:00 2024-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 1500 RXR PLAZA WEST TOWER UNIONDALE NY 11556 990 2023-10-01 237209028 KIWANIS FOUNDATION OF NEW ENGLAND INC KIWA 5086260404 228 IRVINGTON STREET NEW BEDFORD MA 02745 THERESA M COOK TREASURER 5086260404 2025-08-11 1 1 CATHERINE PETERCSAK P01357092 5167472000 2025-08-11 2023 2025-03-06 01:10:19Z THERESA M COOK 228 IRVINGTON STREET NEW BEDFORD MA 02745 1907908 0 X KFNE.ORG X 1954 MA TO MAKE DONATIONS TO VARIOUS CHARITABLE, SCIENTIFIC OR EDUCATIONAL ORGANIZATIONS. 23 23 0 23 0 0 68383 28921 0 0 790039 337025 0 0 858422 365946 34290 67377 0 0 0 0 0 0 6162 88624 99099 122914 166476 735508 199470 7952550 9745971 109602 135745 7842948 9610226 TO MAKE DONATIONS TO VARIOUS CHARITABLE, SCIENTIFIC OR EDUCATIONAL ORGANIZATIONS. 0 0 67876 67377 THE ORGANIZATION MADE SEVERAL DONATIONS IN FY24 TO VARIOUS CHARITABLE ORGANIZATIONS INCLUDING SUPPORTING EFFORTS TO END HUNGER AND ALSO PROVIDED SCHOLARSHIPS TO 13 WORTHY RECIPIENTS. 67876 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 1 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 THERESA M COOK 7743130335 6 ANGELO WAY MASHPEE MA 02745 X CHRISTOPHER M HOLDEN PRESIDENT 25.00 X X 0 0 0 SUSAN SCHROETER VICE PRESIDENT 10.00 X X 0 0 0 THERESA M COOK TREASURER 25.00 X X 0 0 0 GAIL CALVAO SECRETARY 25.00 X X 0 0 0 DAVID PETERSON IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 DENIS MURPHY II PRESIDENT - ELECT 10.00 X X 0 0 0 DONNA ROBERTS DIRECTOR 1.00 X 0 0 0 LARRY GIORDANO DIRECTOR 1.00 X 0 0 0 GEORGE DELISLE DIRECTOR 1.00 X 0 0 0 KARL UZCATEGUI DIRECTOR 1.00 X 0 0 0 MARYANN BELASON DIRECTOR 1.00 X 0 0 0 DAVID BURGESS DIRECTOR 1.00 X 0 0 0 PAUL J DONATO DIRECTOR 1.00 X 0 0 0 ELI RIVERA DIRECTOR 1.00 X 0 0 0 AVA ADAMS DIRECTOR 1.00 X 0 0 0 GLEN CEFALO DIRECTOR 1.00 X 0 0 0 BART STEVENS DIRECTOR 1.00 X 0 0 0 PATRICIA COSTAS DIRECTOR 1.00 X 0 0 0 JESSICA PLANTE DIRECTOR 1.00 X 0 0 0 JANET KELEWAE DIRECTOR 1.00 X 0 0 0 WAYNE SPENCER DIRECTOR 1.00 X 0 0 0 MERNAYSA RIVERA BUJOS DIRECTOR 1.00 X 0 0 0 JOHN MAIHOS DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 28921 28921 269413 269413 1609574 1541962 67612 67612 67612 365946 0 0 337025 62377 62377 5000 5000 3500 3500 23500 23500 61668 61668 3497 230 3267 503 503 FUNDRAISING EXPENSES 6162 6162 FILING FEES 269 269 166476 67876 92438 6162 128335 52457 9172 9316 7705441 9548453 109602 135745 7952550 9745971 109602 135745 109602 135745 X 279336 219190 7563612 9391036 7842948 9610226 7952550 9745971 199470 1567808 0 X 1 X 0 1 0 X 50689 180135 55010 68383 28921 383138 50689 180135 55010 68383 28921 383138 109281 273857 125116 153503 152373 223308 269413 923713 1306851 0.20960 0.21830 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 7705441 1843012 9548453 6850049 855392 7705441 8203394 -60197 -1293148 6850049 6874158 170414 1234322 75500 8203394 6283910 -5952 666200 70000 6874158 0.01650 0.41600 0.56750 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, 2024, 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, 2024. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. 1 THE OUTREACH PROGRAM 301 CENTER STREET PO BOX 361 UNION IA 50258 200636360 501(C)3 45050 0 TO ASSIST WITH THE END HUNGER CAMPAIGN AND FOOD PACKING EVENTS. CHILDREN'S HOSPITAL AT DARTMOUTH (CHAD) ONE MEDICAL CENTER DRIVE HB 7070 LEBANON NH 03756 264812335 501(C)3 6177 0 TO SUPPORT THE PEDIATRIC OPHTHALMOLOGY PROGRAM. 2 0 SCHOLARSHIPS 13 5000 0 PART I, LINE 2: THE USE OF GRANT FUNDS IS MONITORED INITIALLY BY THE TREASURER AND THE PRESIDENT OF THE BOARD OF DIRECTORS AND THEN THE ENTIRE KFNE BOARD OF DIRECTORS AND OFFICERS. 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 ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.