POPPLESTONE FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- POPPLESTONE FOUNDATION (EIN 04-3528004)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-10
- IRS object ID
- 202523149349102367
- 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
- Dissolution Stmt
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-10T15:07:19-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042387531 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SULLIVAN & WORCESTER | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE POST OFFICE SQUARE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | 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 | 043528004 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POPPLESTONE FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O SULLIVAN & WORCESTER LLP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POPP | BusinessNameControlTxt |
| Phone | 6173382839 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE POST OFFICE SQUARE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SALLY L RUBIN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6173382839 | PhoneNum |
| Signature | 2025-11-10 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER C CURTIS | PreparerPersonNm |
| PTIN | P00492268 | PTIN |
| Phone | 6173382800 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $18,463,724 | 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 | $6,897,404 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,545,880 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,545,880 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$7,275,255 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,572,341 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $28,544 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $28,544 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,196,573 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,574,424 | 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 |
| Legal Fees Rev And Expnss | $35,227 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $35,227 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $75,200 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $399,301 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $133,268 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $266,033 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $509,728 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $133,268 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $301,260 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $51,278,754 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $51,278,754 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $51,788,482 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $133,268 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $51,580,014 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$50,591,909 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,441,156 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $21,533,777 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $362,853 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $362,853 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $45,802,343 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $26,237,155 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $17,128,320 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,795,943 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,032,406 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $972,551 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $972,551 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $78,164,469 | TotalAssetsBOYAmt |
| Total Assets EOY | $27,572,559 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,463,724 | 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 | $78,164,469 | RetainedEarningBOYAmt |
| Retained Earning EOY | $27,572,559 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $78,164,469 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $27,572,559 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $78,164,469 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $27,572,559 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $78,164,469 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$50,591,909 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $27,572,560 | SubtotalAmt |
| Other Decreases | $1 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $27,572,559 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 15,728 SHS. ENANTA PHARMACEUTICALS | D | 2021-01-19 | 2024-06-06 | $204,957 | $758,247 | -$553,290 | -$553,290 |
| 10,467 SHS. ENANTA PHARMACEUTICALS | D | 2021-01-19 | 2024-06-07 | $130,428 | $504,614 | -$374,186 | -$374,186 |
| 23,805 SHS. ENANTA PHARMACEUTICALS | D | 2021-01-19 | 2024-06-08 | $311,104 | $1,147,639 | -$836,535 | -$836,535 |
| 6,145 SHS. ENANTA PHARMACEUTICALS | D | 2021-01-19 | 2024-08-16 | $74,994 | $296,250 | -$221,256 | -$221,256 |
| 22,903 SHS. ENANTA PHARMACEUTICALS | D | 2021-01-19 | 2024-08-19 | $285,306 | $1,104,154 | -$818,848 | -$818,848 |
| 12,100 SHS. ENANTA PHARMACEUTICAL | D | 2021-01-19 | 2024-08-20 | $151,510 | $583,341 | -$431,831 | -$431,831 |
| 8,852 SHS. ENANTA PHARMACEUTICAL | D | 2021-01-19 | 2024-08-21 | $109,599 | $421,468 | -$311,869 | -$311,869 |
| 4,114 SHS. ENANTA PHARMACEUTICAL | D | 2014-12-10 | 2024-09-24 | $44,766 | $194,355 | -$149,589 | -$149,589 |
| 12,268 SHS. ENANTA PHARMACEUTICAL | D | 2014-12-10 | 2024-09-25 | $134,132 | $579,570 | -$445,438 | -$445,438 |
| 8,618 SHS. ENANTA PHARMACEUTICAL | D | 2014-12-10 | 2024-09-27 | $88,511 | $406,612 | -$318,101 | -$318,101 |
| 15,439 SHS. ENANTA PHARMACEUTICAL | D | 2014-12-10 | 2024-10-03 | $172,768 | $710,692 | -$537,924 | -$537,924 |
| 9,561 SHS. ENANTA PHARMACEUTICAL | D | 2014-10-23 | 2024-10-04 | $106,600 | $427,508 | -$320,908 | -$320,908 |
| 10,536 SHS. ENANTA PHARMACEUTICAL | D | 2014-10-23 | 2024-10-11 | $115,686 | $449,367 | -$333,681 | -$333,681 |
| 14,255 SHS. ENANTA PHARMACEUTICAL | D | 2014-09-12 | 2024-10-14 | $161,049 | $585,752 | -$424,703 | -$424,703 |
| 5,209 SHS. ENANTA PHARMACEUTICAL | D | 2014-09-12 | 2024-10-15 | $58,853 | $213,232 | -$154,379 | -$154,379 |
| 3,145 SHS. ENANTA PHARMACEUTICAL | D | 2014-04-02 | 2024-10-25 | $37,712 | $123,737 | -$86,025 | -$86,025 |
| 9,805 SHS. ENANTA PHARMACEUTICAL | D | 2014-04-02 | 2024-10-28 | $114,701 | $384,249 | -$269,548 | -$269,548 |
| 4,575 SHS. ENANTA PHARMACEUTICAL | D | 2014-03-04 | 2024-10-29 | $51,924 | $177,963 | -$126,039 | -$126,039 |
| 5,588 SHS. ENANTA PHARMACEUTICAL | D | 2014-03-04 | 2024-11-08 | $62,253 | $214,791 | -$152,538 | -$152,538 |
| 3,786 SHS. ENANTA PHARMACEUTICAL | D | 2014-02-14 | 2024-11-11 | $41,269 | $144,545 | -$103,276 | -$103,276 |
| 10,626 SHS. ENANTA PHARMACEUTICAL | D | 2014-02-14 | 2024-11-12 | $114,219 | $367,856 | -$253,637 | -$253,637 |
| K-1 LINE 9A BIOVENTURES INVESTORS LIMITED PARTNERSHIP II | P | $51,654 | -$51,654 | -$51,654 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$7,275,255 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $20,032 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $20,032 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $20,032 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $35,025 | 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 | $35,025 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $14,993 | OverpaymentAmt |
| Applied To ES Tax | $14,993 | 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 | Yes (1) | 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 | Yes (1) | 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 | CHRISTOPHER C CURTIS ESQ | IndividualWithBooksNm |
| Phone | 6173382800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SULLIVAN WORCESTER LLP 1 POST | AddressLine1Txt |
| Address Line2 | OFFICE SQUARE | AddressLine2Txt |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| SUZANNE E WERBER DWORSKY DECEASED | ||||||||
| 8 MERCER CIRCLE | CAMBRIDGE | MA | 02138 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| SALLY L RUBIN | ||||||||
| 83 KIRKSTALL ROAD | NEWTON | MA | 02460 | TRUSTEE | 0.00 | $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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ROCKEFELLER PHILANTHROPY ADVISORS | |||||
| 120 BROADWAY SUITE 3475 | NEW YORK | NY | 10271 | CONSULTING FOR PRIVATE FOUNDATION MANAGEMENT | $262,059 |
| NORTHERN TRUST COMPANY | |||||
| 125 SUMMER STREET STE 1400 | BOSTON | MA | 02110 | INVESTMENT CUSTODY AND MANAGEMENT | $96,523 |
| SULLIVAN & WORCESTER LLP | |||||
| ONE POST OFFICE SQUARE | BOSTON | MA | 02109 | LEGAL & ACCOUNTING | $35,227 |
| GMA FOUNDATIONS | |||||
| 2 LIBERTY SQUARE STE 500 | BOSTON | MA | 02109 | CONSULTING FOR PRIVATE FOUNDATION MANAGEMENT | $1,974 |
| 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 | $22,380,458 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,344,938 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $33,725,396 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $33,725,396 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $505,881 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $33,219,515 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,660,976 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,660,976 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $20,032 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $20,032 | TotalTaxAmt |
| Distributable Before Adj | $1,640,944 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,640,944 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,640,944 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $51,580,014 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $51,580,014 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,640,944 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $16,278,584 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,124,029 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $22,216,213 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $139,434,676 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $182,053,502 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $51,580,014 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,640,944 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $49,939,070 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $231,992,572 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $231,992,572 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $16,278,584 | ExcessFromYear4Amt |
| Excess From Year3 | $4,124,029 | ExcessFromYear3Amt |
| Excess From Year2 | $22,216,213 | ExcessFromYear2Amt |
| Excess From Year1 | $139,434,676 | ExcessFromYear1Amt |
| Excess From Current Year | $49,939,070 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMERICAN JOURNALISM PROJECT | ||||||
| 6218 GEORGIA AVE NW STE 1-599 | WASHINGTON | DC | 20011 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - GENERAL OPERATIONS | $825,000 |
| BOSTON DEBATE LEAGUE | ||||||
| 1542 TREMONT ST | BOSTON | MA | 02120 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - SUPPORT "ADVANCING ACHIEVEMENT & IMPACT" | $325,000 |
| CAMBRIDGE PUBLIC SCHOOLS | ||||||
| 159 THORNDIKE STREET | CAMBRIDGE | MA | 02141 | PUBLIC | MUSIC EDUCATION - MUSIC DEPARTMENT INITIATIVES - KODALY PROGRAM & MUSIC ACADEMIC YEAR 2023-2024 | $303,754 |
| CAMPAIGN LEGAL CENTER | ||||||
| 1101 14TH ST NW STE 400 | WASHINGTON | DC | 20005 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - COMBATING ELECTION SABOTAGE | $3,250,000 |
| EDVESTORS INC | ||||||
| 200 NEWBURY STREET | BOSTON | MA | 02116 | PUBLIC | MUSIC EDUCATION - SUPPORT MUSIC PROGRAM OF BOSTON PUBLIC SCHOOLS ARTS EXPANSION | $550,000 |
| FAIR ELECTIONS CENTER | ||||||
| 1825 K ST NW STE 450 | WASHINGTON | DC | 20006 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - CAMPUS VOTE PROJECT | $650,000 |
| FIDELITY CHARITABLE GIFT FUND | ||||||
| PO BOX 770001 | CINCINNATI | OH | 45277 | PUBLIC | OTHER PHILANTHROPIC ENDEAVORS | $150,000 |
| GENERATION CITIZEN | ||||||
| 110 WALL ST 5TH FLOOR | NEW YORK | NY | 10005 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - HANDS-ON CIVICS EDUCATION | $500,000 |
| HARMONY PROGRAM | ||||||
| 244-250 WEST 54TH ST STE 300 | NEW YORK | NY | 10019 | PUBLIC | MUSIC EDUCATION - PROJECT SUPPORT FOR DEVELOPMENT OF A COMPREHENSIVE YOUTH ORCHESTRA SYSTEM NYC FOR 03/25/2024-07/14/2026 | $2,000,000 |
| KEYS MUSIC | ||||||
| 2200 NORTH AVENUE | BRIDGEPORT | CT | 06604 | PUBLIC | MUSIC EDUCATION - GENERAL SUPPORT PROVIDING FREE MUSIC EDUCATION FOR VOICE & INSTRUMENTS K-12 IN PUBLIC SCHOOLS | $300,000 |
| MASSACHUSETTS BUDGET AND POLICY CENTER INC | ||||||
| ONE STATE ST STE 1250 | BOSTON | MA | 02109 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - SUPPORT "DELIVERING ON EQUITY COLLECTIVE" | $325,000 |
| NEW ENGLAND CONSERVATORY OF MUSIC | ||||||
| 290 HUNTINGTON AVENUE | BOSTON | MA | 02115 | PUBLIC | MUSIC EDUCATION - SUPPORT NEC PREPARATORY DIVISION'S EARLY CHILDHOOD EDUCATION PILOT PROJECT | $500,000 |
| NEW VENTURE FUND FBO MEDIA DEMOCRACY FUND | ||||||
| 1828 L STREET NW 300-A | WASHINGTON | DC | 20036 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - SUPPORT MEDIA DEMOCRACY FUND'S DISINFORMATION DEFENSE LEAGUE | $600,000 |
| OPEN SECRETS | ||||||
| 300 L STREET NW SUITE 200 | WASHINGTON | DC | 20005 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - SUPPORT FOR "UP FOR DEBATE: ISSUES, CONTROVERSIES & MONEY" | $500,000 |
| PARENTCHILD INC | ||||||
| 242 W 30TH STREET 1000 | NEW YORK | NY | 10001 | PUBLIC | EARLY CHILDHOOD DEVELOPMENT - EXPANSION OF EXISTING SITES & NEW SITES | $500,000 |
| PARENTCORPS | ||||||
| 180 MADISON AVENUE FLOOR 2 | NEW YORK | NY | 10016 | PUBLIC | EARLY CHILDHOOD DEVELOPMENT - GENERAL OPERATING SUPPORT, EXPANSION OF PRE-K FOR ALL FOR 03/15/2024-08/14/2026 | $3,000,000 |
| PRO PUBLICA | ||||||
| 155 AVENUE OF THE AMERICAS 13TH FL | NEW YORK | NY | 10013 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - GENERAL OPERATING SUPPORT, FIVE-YEAR PLAN - INVESTIGATIVE REPORTING FOR 03/15/2024-03/05/2029 | $2,500,000 |
| PROTECT DEMOCRACY PROJECT | ||||||
| 2020 PENNSYLVANIA AVE NW 163 | WASHINGTON | DC | 20006 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - GENERAL OPERATING SUPPORT, SAFEBUARDING ELECTIONS & LEGAL ACCOUNTABILITY FOR 03/15/2024-03/15/2026 | $10,000,000 |
| SD FOUNDATION FBO VOTING RIGHTS LAB | ||||||
| 611 PENNSYLVANIA AVE SE 201 | WASHINGTON | DC | 20003 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - GENERAL OPERATING SUPPORT, SUPPORTING GENERAL ELECTION OFFICIALS IN 2024 ELECTION FOR 03/13/2024-03/31/2025 | $2,500,000 |
| STATES UNITED DEMOCRACY CENTER INC | ||||||
| 1101 17TH ST SUITE 250 | WASHINGTON | DC | 20036 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - GENERAL OPERATING SUPPORT, SAFEBUARDING ELECTIONS & LEGAL ACCOUNTABILITY FOR 03/15/2024-03/15/2026 | $5,000,000 |
| THE READING LEAGUE INC | ||||||
| 103 WYOMING ST 2ND FLOOR | SYRACUSE | NY | 13204 | PUBLIC | EARLY CHILDHOOD DEVELOPMENT - GENERAL OPERATING SUPPORT, FURTHER THE SCIENCE OF READING MOVEMENT FOR 03/15/2024-03/15/2026 | $2,500,000 |
| TIDES FOUNDATION FBO MOVEMENT VOTER FUND | ||||||
| 37 BRIDGE ST BOX 749 | NORTHAMPTON | MA | 01060 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - MOVEMENT VOTER FUND: EXPANDING DEMOCRACY THROUGH CIVIC ENGAGEMENT | $1,500,000 |
| WILLIAM J BRENNAN JR CENTER FOR JUSTICE INC | ||||||
| 120 BROADWAY SUITE 1750 | NEW YORK | NY | 10271 | PUBLIC | DEMOCRACY & CIVIC ENGAGEMENT - ADVANCE PROJECTS FOCUSING ON STATE & FEDERAL COURTS AND CONSTITUTIONS | $10,000,000 |
| YOUNG PEOPLE'S CHORUS OF NEW YORK CITY | ||||||
| 37 WEST 65TH ST 2ND FL | NEW YORK | NY | 10023 | PUBLIC | MUSIC EDUCATION - GENERAL SUPPORT, SERVING AGES 8-18 IN VARIOUS CHORUSES FOR 03/15/2024-09/15/2027 | $3,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $51,278,754 | 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 | $1,545,880 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 541700 | BusinessCd |
| Unrelated Business Taxbl Incm | $28,544 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$7,275,255 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $28,544 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$5,729,375 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$5,700,831 | 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 | ALAN J DWORSKY IRREVOCABLE TRUST | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 MERCER CIRCLE | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02138 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $6,897,404 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE THE CHARITABLE RECIPIENTS ON FORM 990-PF PART XIV | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O ONE POST OFFICE SQUARE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | THE FOUNDATION HAS NO CURRENT PLAN TO DISSOLVE, BUT IN 2024 IT HAS MADE AND IT WILL CONTINUE TO MAKE SUBSTANTIAL DISTRIBUTIONS TO CHARITABLE ORGANIZATIONS IN ORDER TO ADVANCE THE FOUNDATION'S CHARITABLE PURPOSES. | ShortExplanationTxt |
| Dissolution | $51,278,754 | DissolutionAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $26,237,155 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $17,128,320 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BIOVENTURES INVESTORS, LPII | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $972,551 | BookValueAmt |
| EOYFMV | $972,551 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION HAS BEEN MAKING SUBSTANTIAL DISTRIBUTIONS TO CHARITY AS PART OF ITS CHARITABLE PURPOSE. THE AGGREGATE CHARITABLE DISTRIBUTIONS IN 2024 SUBSTANTIALLY EXCEEDED CONTRIBUTIONS AND NET INVESTMENT INCOME. THERE IS NO CURRENT PLAN TO LIQUIDATE THE FOUNDATION, BUT IT WILL CONTINUE TO MAKE SUBSTANTIAL CHARITABLE DISTRIBUTIONS. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SULLIVAN & WORCESTER LLP | CategoryTxt |
| Legal Fees | $35,227 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $35,227 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $1 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2022 MA FORM PC FILING FEE | $2,000 | $0 | $2,000 |
| BIOVENTURES INVESTORS LIMITED K-1 INTEREST EXPENSE | $27,057 | $27,057 | $0 |
| BIOVENTURES INVESTORS LIMITED K-1 DEDUCTIONS | $7,291 | $7,291 | $0 |
| GMA FOUNDATIONS INC. CONSULTING FEES | $1,974 | $0 | $1,974 |
| ROCKEFELLER PHILANTHROPY ADVISORS FEES | $262,059 | $0 | $262,059 |
| NORTHERN TRUST FEES | $96,523 | $96,523 | $0 |
| BIOVENTURES INVESTORS LIMITED K-1 FOREIGN TAX PAID | $2,397 | $2,397 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BIOVENTURES INVESTORS LP II ORDINARY BUSINESS INCOME | -$2,779 | -$2,779 | -$2,779 |
| BIOVENTURES INVESTORS LP II DEBT-FINANCED INTEREST INCOME | $31,323 | $31,323 | $31,323 |
| BIOVENTURES INVESTORS LP II DEBT-FINANCED DIVIDEND INCOME | $0 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAN J DWORSKY IRREVOCABLE TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 MERCER CIRCLE | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02138 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2023 TAX PAYMENT FORM 990-PF | $70,000 | $0 | $0 |
| 2022 FORM 990-PF FORM 2220 ESTIMATED TAX PENALTY | $5,200 | $0 | $0 |