SAKONNET FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SAKONNET FOUNDATION (EIN 45-6507465)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-13
- IRS object ID
- 202533179349100348
- Schema version
- 2024v5.2
- 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
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-13T11:28:12-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043191789 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MP PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MONARCH PLACE | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01144 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456507465 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAKONNET FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O CASTLE ROCK ADVISORS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAKO | BusinessNameControlTxt |
| Phone | 6173166300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 CLARENDON STREET 35TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN T CALLAGHAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6173166300 | PhoneNum |
| Signature | 2025-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DOUGLAS THEOBALD | PreparerPersonNm |
| PTIN | P00368792 | PTIN |
| Phone | 4137391800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $119,298,886 | 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 | $2,706,920 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $568,790 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $568,790 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,821,288 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,821,288 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,220,432 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,719,037 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,220,432 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,356,670 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,355,401 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $12,674,100 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,965,911 | 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 | $8,450 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,225 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $109,008 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $28,508 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $330,078 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $186,084 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $447,536 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $218,817 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,537,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,537,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,984,536 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $218,817 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,537,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $7,689,564 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,747,094 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,783,112 | CashBOYAmt |
| Cash EOY | $5,017,543 | CashEOYAmt |
| Cash EOYFMV | $5,017,543 | CashEOYFMVAmt |
| Corporate Stock BOY | $796,082 | CorporateStockBOYAmt |
| Corporate Stock EOY | $871,213 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $44,657,150 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,826,462 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $8,160,914 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $8,251,653 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $51,486,624 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $54,983,866 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $61,372,540 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $13,990 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $63,906,270 | TotalAssetsBOYAmt |
| Total Assets EOY | $69,033,536 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $119,298,886 | 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 | -$2,561,253 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $63,906,270 | RetainedEarningBOYAmt |
| Retained Earning EOY | $71,594,789 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $63,906,270 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $69,033,536 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $63,906,270 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $69,033,536 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $63,906,270 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $7,689,564 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $71,595,834 | SubtotalAmt |
| Other Decreases | $2,562,298 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $69,033,536 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (40 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| KINDER MORGAN ENRGY PART, LP 4.15% | P | 2021-06-16 | 2024-02-01 | $70,000 | $70,000 | $0 | $0 |
| BANK OF NOVA SCOTIA (THE) 3.4% | P | 2019-02-06 | 2024-02-11 | $100,000 | $99,909 | $91 | $91 |
| JPMORGAN CHASE & CO. HYBRID | P | 2021-02-09 | 2024-02-16 | $30,000 | $30,000 | $0 | $0 |
| HP ENTERPRISE CO 1.45% | P | 2020-07-14 | 2024-04-01 | $67,000 | $66,922 | $78 | $78 |
| CITIGROUP INC. HYBRID | P | 2022-11-30 | 2024-05-01 | $43,000 | $41,724 | $1,276 | $1,276 |
| JPMORGAN CHASE & CO. HYBRID | P | 2022-11-30 | 2024-06-01 | $64,000 | $62,096 | $1,904 | $1,904 |
| BOEING CO 5.04% | P | 2023-05-12 | 2024-06-03 | $8,809 | $9,027 | -$218 | -$218 |
| REPUBLIC SERVICES, INC. 2.5% | P | 2019-07-29 | 2024-08-15 | $61,000 | $60,902 | $98 | $98 |
| PAYPAL HOLDINGS, INC. 2.4% | P | 2020-02-12 | 2024-10-01 | $72,000 | $72,000 | $0 | $0 |
| WESTPAC BANKING CORPORATION 5.35 | P | 2022-11-30 | 2024-10-18 | $47,000 | $47,000 | $0 | $0 |
| PNC FINANCIAL SERVICES GROUP, HYBRID | P | 2022-11-30 | 2024-10-28 | $110,000 | $110,000 | $0 | $0 |
| CITIGROUP INC. HYBRID | P | 2020-10-23 | 2024-10-30 | $75,000 | $75,000 | $0 | $0 |
| OMNICOM GROUP INC. 3.65% | P | 2021-11-09 | 2024-11-01 | $46,000 | $46,000 | $0 | $0 |
| VERIZON COMMUNICATIONS INC. 3.5% | P | 2019-10-09 | 2024-11-01 | $73,000 | $73,000 | $0 | $0 |
| AT&T INC 5.539% | P | 2023-03-17 | 2024-11-12 | $50,000 | $50,000 | $0 | $0 |
| ESTEE LAUDER COMPANIES INC | P | 2019-11-19 | 2024-12-01 | $40,000 | $39,768 | $232 | $232 |
| BANK OF AMERICA CORPORATION HYBRID MTN | P | 2022-11-30 | 2024-12-06 | $57,000 | $55,333 | $1,667 | $1,667 |
| MORGAN STANLEY HYBRID MTN 01/22/2025 SR LIEN CPN | P | 2022-11-30 | 2024-12-22 | $57,000 | $56,859 | $141 | $141 |
| SOUTHERN CO 0.6% | P | 2022-11-30 | 2024-02-26 | $127,000 | $127,000 | $0 | $0 |
| VODAFONE GROUP PUBLIC LIMITED 4.125% | P | 2023-03-07 | 2024-07-08 | $93,045 | $93,047 | -$2 | -$2 |
| TOYOTA MOTOR CREDIT CORP MTN 2.0% | P | 2022-11-30 | 2024-10-07 | $71,000 | $71,000 | $0 | $0 |
| CAVA GROUP INC COM, CAVA | P | 2015-04-10 | 2024-12-13 | $102,353 | $2,365 | $99,988 | $99,988 |
| CAVA GROUP INC COM, CAVA | P | 2015-09-17 | 2024-12-13 | $802,181 | $37,069 | $765,112 | $765,112 |
| CAVA GROUP INC COM, CAVA | P | 2018-04-01 | 2024-12-13 | $415,624 | $22,652 | $392,972 | $392,972 |
| FROM K-1 GOLDENTREE | P | 2024-01-01 | 2024-12-31 | $10,039 | $10,039 | $10,039 | |
| FROM K-1 OCTAGON | P | 2024-01-01 | 2024-12-31 | $183,495 | $183,495 | $183,495 | |
| FROM K-1 FORTRESSS VI | P | 2024-01-01 | 2024-12-31 | $577 | $577 | $577 | |
| FROM K-1 LONE CASCADE | P | 2024-01-01 | 2024-12-31 | $509,529 | $509,529 | $509,529 | |
| FROM K-1 LONE CASCADE | P | 2024-01-01 | 2024-12-31 | $650,401 | $650,401 | $650,401 | |
| FROM K-1 SANDS EMERGING | P | 2024-01-01 | 2024-12-31 | $317,887 | $317,887 | $317,887 | |
| FROM K-1 BRACEBRIDGE | P | 2024-01-01 | 2024-12-31 | $23,137 | $23,137 | $23,137 | |
| FROM K-1 DKIL | P | 2024-01-01 | 2024-12-31 | $54,602 | $54,602 | $54,602 | |
| FROM K-1 STEADFAST | P | 2024-01-01 | 2024-12-31 | $261,029 | $261,029 | $261,029 | |
| FROM K-1 WESTWOOD EMERGING MARKETS | P | 2024-01-01 | 2024-12-31 | $1,487 | -$1,487 | -$1,487 | |
| FROM K-1 CRA FUND II | P | 2024-01-01 | 2024-12-31 | $62,634 | $62,634 | $62,634 | |
| FROM K-1 CRA FUND II | P | 2024-01-01 | 2024-12-31 | $280,593 | $280,593 | $280,593 | |
| FROM K-1 - STOCKBRIDGE COINVESTORS | P | 2024-01-01 | 2024-12-31 | $11,570 | -$11,570 | -$11,570 | |
| FROM K-1 - STOCKBRIDGE COINVESTORS | P | 2024-01-01 | 2024-12-31 | $586,353 | $586,353 | $586,353 | |
| FROM K-1 WESTWOOD EMERGING MARKETS | P | 2024-01-01 | 2024-12-31 | $66,875 | -$66,875 | -$66,875 | |
| CAPITAL GAINS DIVIDENDS | P | $2,096,749 | $2,096,749 | $2,096,749 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,220,432 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $135,485 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $135,485 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $135,485 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $86,274 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $82,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $168,274 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $32,789 | OverpaymentAmt |
| Applied To ES Tax | $32,789 | 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 | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DANIEL CARBONNEAU - CASTLE ROCK ADV | IndividualWithBooksNm |
| Phone | 6173166300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CRA 200 CLARENDON ST 35TH FL | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021165021 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| KEVIN T CALLAGHAN | ||||||||
| 200 CLARENDON STREET 35TH FLOOR | BOSTON | MA | 021165021 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| JULIE N CALLAGHAN | ||||||||
| 200 CLARENDON STREET 35TH FLOOR | BOSTON | MA | 021165021 | TRUSTEE | 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 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HALL CAPITAL | |||||
| 850 THIRD AVENUE 19TH FLOOR | NEW YORK | NY | 10022 | INVESTMENT ADVISORY | $149,514 |
| GOLDMAN SACHS & CO LLC | |||||
| 125 HIGH STREET 20TH FLOOR | BOSTON | MA | 021002704 | INVESTMENT ADVISORY | $19,871 |
| MP PC | |||||
| ONE MANARCH PLACE 9TH FLOOR | SPRINGFIELD | MA | 01144 | ACCOUNTING | $8,450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $51,384,416 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,894,538 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $59,329,669 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $116,608,623 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $116,608,623 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,749,129 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $114,859,494 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,742,975 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,742,975 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $135,485 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $135,485 | TotalTaxAmt |
| Distributable Before Adj | $5,607,490 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $5,607,490 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $5,607,490 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,537,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,537,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,607,490 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,536,376 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,537,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,536,376 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $624 | 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 | $5,606,866 | 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) |
|---|---|---|
| Contributing Manager | KEVIN T CALLAGHAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVIN T CALLAGHAN CHARITABLE TRUST AT THE FIDELITY CHARITABLE GIFT FUND | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 770001 | AddressLine1Txt |
| City | CINCINNATI | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45277 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | 501(C)(3) PUBLIC CHA | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL FUND | GrantOrContributionPurposeTxt |
| Amt | $4,537,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,537,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $568,790 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,821,288 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,220,432 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (13 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| CRA FUND II | 523000 | 14 | $209,253 | |
| VARDE INVESTMENT PARTNERS (OFFSHORE) | 523000 | 14 | $54,056 | |
| LONE CASCADE | 523000 | 14 | $48 | |
| DAVID KEMPNER | 523000 | 14 | $236,452 | |
| BRACEBRIDGE (OFFSHORE) | 523000 | 14 | $418,113 | |
| SANDS CAPITAL EMERGING MARKET | 523000 | 14 | -$9,481 | |
| WESTWOOD EMERGING MARKETS | 523000 | 14 | -$273 | |
| GOLDENTREE | 523000 | 14 | $365,326 | |
| STEADFAST | 523000 | 14 | $29,336 | |
| TACONIC | 523000 | 14 | $46,376 | |
| STOCKBRIDGE | 523000 | 14 | $37 | |
| OCTAGON | 523000 | 14 | $6,087 | |
| FORTRESS | 523000 | 14 | $71 | $1,269 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,269 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,965,911 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,967,180 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| KEVIN T CALLAGHAN | |||||||
| 1 | 200 CLARENDON STREET 35TH FLOOR | BOSTON | MA | 02116 | $8,450 | Yes (X) | |
| KEVIN T CALLAGHAN | |||||||
| 2 | 200 CLARENDON STREET 35TH FLOOR | BOSTON | MA | 02116 | $2,698,470 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 21,257 SHARES OF CAVA GROUP INC COMMON STOCK | NoncashPropertyDesc |
| Fair Market Value | $2,698,470 | FairMarketValueAmt |
| Received | 2024-12-12 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MP P.C. | CategoryTxt |
| Amt | $8,450 | Amt |
| Net Investment Income | $4,225 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART VII-A, LINE 12 | FormAndLineReferenceDesc |
| Medium Explanation | THE FOUNDATION TREATED THE DISTRIBUTION AS A QUALIFYING DISTRIBUTION AS IT WAS USED EXCLUSIVELY FOR PURPOSES STIPULATED UNDER IRC 170(C)(2)(B) TO FURTHER BENEFIT A 501(C)(3) ORGANIZATION. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | GS: CORPORATE FIXED INCOME | BondNm |
| EOY Book Value | $8,160,914 | EOYBookValueAmt |
| EOYFMV | $8,251,653 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 105,597 SHS OF SQZ | $796,082 | $3,168 |
| 21,257 SHS OF CAVA | $75,131 | $1,198,951 |
| 34,820 SHS OF TDG | $0 | $43,455,031 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| K-1 STOCKBRIDGE COINVESTORS LLC | AT COST | $4,025,176 | $5,681,625 |
| K-1 CRA FUND II (VR GLOBAL) | AT COST | $9,440,930 | $10,298,774 |
| 92,201.345 SHS ARTISAN INTL FUND (APHIX) | AT COST | $2,518,784 | $2,226,301 |
| 412,134.363 SHS DODGE & COX GLBL STK FD (DODWX) | AT COST | $5,003,026 | $5,312,724 |
| K-1 LONE CASCADE, L.P. | AT COST | $5,658,319 | $6,919,898 |
| K-1 GENERATION GLOBAL EQUITY | AT COST | $5,000,000 | $8,280,454 |
| K-1 GENERATION IM ASIA | AT COST | $204,125 | $572,609 |
| K-1 SANDS CAPITAL EMERGING MARKET | AT COST | $2,295,249 | $2,257,216 |
| K-1 STEADFAST INTERNATIONAL | AT COST | $2,864,523 | $2,883,259 |
| K-1 TACONIC OPPORTUNITY | AT COST | $3,109,794 | $3,234,830 |
| K-1 VARDE | AT COST | $1,060,042 | $670,027 |
| K-1 BRACEBRIDGE | AT COST | $3,344,554 | $3,334,085 |
| K-1 DAVIDSON KEMPNER | AT COST | $3,525,365 | $3,455,261 |
| K-1 OCTAGON | AT COST | $2,189,582 | $1,529,884 |
| K-1 GOLDENTREE | AT COST | $2,330,876 | $2,220,636 |
| K-1 WGI EMERGING MARKETS | AT COST | $2,025,280 | $2,077,307 |
| K-1 FORTRESS CREDIT OPPORTUNITIES FUND VI (B) | AT COST | $388,241 | $417,650 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DISTRIBUTION RECEIVABLE FROM K-1 WGI EMERGING MARKETS | Desc |
| BOY Book Value | $13,990 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ROUNDING ADJUSTMENT | $1,045 |
| CAVA GROUP INC STOCK ADJUSTMENT | $2,561,253 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NONDEDUCTIBLE EXPENSES | $503 | $0 | $0 |
| MANAGEMENT FEES | $19,871 | $9,936 | $0 |
| HALL FEES | $149,514 | $74,757 | $0 |
| FEES - STOCKBRIDGE | $4,599 | $2,300 | $0 |
| FEES - LONE CASCADE | $68,371 | $34,186 | $0 |
| FEES - CRA FUND II | $84,052 | $63,287 | $0 |
| FEES - WGI EMERGING MARKETS | $874 | $437 | $0 |
| FEES - FORTRESS | $2,294 | $1,181 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CRA FUND II | $209,253 | $209,253 | $209,253 |
| VARDE INVESTMENT PARTNERS (OFFSHORE) | $54,056 | $54,056 | $54,056 |
| LONE CASCADE | $48 | $48 | $48 |
| DAVID KEMPNER | $236,452 | $236,452 | $236,452 |
| BRACEBRIDGE (OFFSHORE) | $418,113 | $418,113 | $418,113 |
| SANDS CAPITAL EMERGING MARKET | -$9,481 | -$9,481 | -$9,481 |
| WESTWOOD EMERGING MARKETS | -$273 | -$273 | -$273 |
| GOLDENTREE | $365,326 | $365,326 | $365,326 |
| STEADFAST | $29,336 | $29,336 | $29,336 |
| TACONIC | $46,376 | $46,376 | $46,376 |
| STOCKBRIDGE | $37 | $37 | $37 |
| OCTAGON | $6,087 | $6,087 | $6,087 |
| FORTRESS | $1,340 | $71 | $1,340 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $28,388 | $28,388 | $0 |
| 2023 MASSACHUSETTS FORM PC TAX PAYMENT | $500 | $0 | $0 |
| 2023 FEDERAL EXTENSION PAYMENT | $31,000 | $0 | $0 |
| 2023 FEDERAL TAX PAYMENT QUARTER THREE | $11,000 | $0 | $0 |
| 20223 FEDERAL TAX PAYMENT QUARTER FOUR | $38,000 | $0 | $0 |
| FROM CRA FUND II - CA 592 | $82 | $82 | $0 |
| FROM CRA FUND II - UTAH | $38 | $38 | $0 |