2016-11-15T16:43:14-06:00 2015-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2015-01-01 042203829 LONGYEAR FOUNDATION LONG 6172789000 1125 BOYLSTON STREET CHESTNUT HILL MA 02467 SANDRA J HOUSTON PRESIDENT AND EXECUTIVE DIRECTOR 6172789000 2016-11-15 1 THOMAS WASHBURN CPA P00537319 5083669100 2016-11-15 2015 2017-02-10 21:41:12Z SANDRA J HOUSTON 1125 BOYLSTON STREET CHESTNUT HILL MA 02467 9251866 0 X WWW.LONGYEAR.ORG X 1933 MA TO ADVANCE UNDERSTANDING OF THE LIFE & WORK OF MARY BAKER EDDY, DISCOVERER OF CHRISTIAN SCIENCE. 7 7 44 1 13578 -22 3776769 2729487 33936 36926 583620 279419 42479 67202 4436804 3113034 0 0 0 0 1730215 1899955 0 0 426275 1910661 1863414 3640876 3763369 795928 -650335 41992068 40826500 739720 1465641 41252348 39360859 LONGYEAR FOUNDATION IS AN INDEPENDENT HISTORICAL MUSEUM DEDICATED TO ADVANCING THE UNDERSTANDING OF THE LIFE AND WORK OF MARY BAKER EDDY, THE DISCOVERER, FOUNDER, AND LEADER OF CHRISTIAN SCIENCE. 0 0 1115478 THE COLLECTION AND PRESERVATION OF LITERARY WORKS, ARTIFACTS, AND DOCUMENTS OF MARY BAKER EDDY, FOUNDER OF THE FIRST CHURCH OF CHRIST, SCIENTIST. 906146 104128 EVENTS, PROGRAMS AND PUBLICATIONS TO EDUCATE THE PUBLIC ABOUT THE LIFE OF MARY BAKER EDDY. 838497 THE PRESERVATION, MAINTENANCE AND EXHIBITING OF HISTORIC HOUSES ONCE OWNED AND OCCUPIED BY MARY BAKER EDDY. 2860121 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 73 0 1 44 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MI MN MS NY NM NJ NH NC ND SC RI PA OR OK OH WA VA UT TN WV WI MO X X SANDRA J HOUSTON PRESIDENT AND EXECUTIVE DIRECTOR 6172789000 1125 BOYLSTON STREET CHESTNUT HILL MA 02467 DR H REID WAGSTAFF TRUSTEE AND VICE CHAIRMAN 6.00 X X 0 0 0 ELLEN WILLIAMS TRUSTEE AND CHAIRMAN 10.00 X X 0 0 0 GAIL HEWITT TRUSTEE AND TREASURER 10.00 X X 0 0 0 HONORABLE JAMES S ROSEBUSH TRUSTEE 5.00 X 0 0 0 ALICE M HUMMER TRUSTEE 5.00 X 0 0 0 CARLA STILLMAN TRUSTEE 5.00 X 0 0 0 JAMES HERTLEIN TRUSTEE 5.00 X 0 0 0 SANDRA J HOUSTON PRESIDENT & EXECUTIVE DIRE 45.00 X 129400 0 7230 129400 0 7230 1 0 0 0 SHAWMUT DESIGN AND CONSTRUCTION 560 HARRISON AVE 2 BOSTON MA 02118 GENERAL CONTRACTOR 1384713 WOLF ARCHITECTS INC 98 N WASHINGTON STREET SUITE 304 BOSTON MA 02114 ARCHITECTURAL SERVICES 398991 AMS INC 800 SOUTH STREET SUITE 195 WALTHAM MA 02452 FINANCIAL & ACCOUNTING SERVICES 124105 PROJECT LEADERSHIP ASSOCIATES 50-D AUDUBON RD WAKEFIELD MA 01880 IT SERVICES & TECH. EQUIPMENT 105529 4 77155 612176 2040156 72314 2729487 PROGRAM FEES 900099 36926 36926 36926 152261 13578 138683 6246478 6119320 127158 127158 127158 82419 19512 62907 62907 OTHER INCOME 900099 4295 4295 4295 3113034 104128 13578 265841 136630 98374 17762 20494 1527194 1022936 296280 207978 46028 33339 5843 6846 75245 54477 9570 11198 114858 83146 14616 17096 20138 11647 5308 3183 159377 92526 66851 38264 19878 18386 104870 66168 6904 31798 521126 485175 19005 16946 80950 13260 12672 55018 708695 672399 19187 17109 6996 4901 1162 933 PROGRAM EVENTS 165318 165318 0 0 REGISTRATION AND OTHER 20945 4174 868 15903 PUBLICATIONS 17943 14556 0 3387 COLLECTION EXPENSE 17847 17847 0 945 945 3763369 2860121 476973 426275 354562 229417 3027970 1251736 147047 240334 98204 102538 83925 53641 28092920 9313408 17034445 18779512 5864168 4576307 14121779 13796431 1259968 1796584 41992068 40826500 262209 1035729 477511 429912 739720 1465641 X 25870710 25917240 13916357 11947157 1465281 1496462 41252348 39360859 41992068 40826500 X -650335 -446947 -794207 X 0 1 X 1 0 X 5038720 4940620 1824095 3776769 2733427 18313631 5038720 4940620 1824095 3776769 2733427 18313631 6821421 11492210 128714 260280 228438 259041 152261 1028734 3546 142 2887 6575 5025 8237 7633 4553 4295 29743 19378683 669314 0.59300 0.49270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 5710306 31181 -166706 648865 4925916 6060084 17797 273493 641068 5710306 5732755 20710 574690 268071 6060084 5220590 79716 695066 262617 5732755 5666165 17330 199155 263750 5220590 0.90740 0.09260 1 1 1 1948454 1948454 8359707 4616639 3743068 10686441 2215488 8470953 1755391 1148250 607141 5342927 1333031 4009896 18779512 BENEFICIAL INTEREST IN PERPETUAL ENDOWMENT TRUSTS 11211661 F INVESTMENT PARTNERSHIPS 1005770 F ASSETS HELD FOR SPLIT-INTEREST AGREEMENTS 1579000 F 13796431 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 429912 429912 X 1891392 -446947 -774695 -1221642 3113034 0 3113034 3890580 127211 127211 3763369 0 3763369 PART III, LINE 4: THE FOUNDATION'S COLLECTIONS CONSIST OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, INCLUDING ORIGINAL DOCUMENTS, PHOTOGRAPHS, BOOKS, OBJECTS AND PAINTINGS. EACH ITEM IS CATALOGED FOR EDUCATION, RESEARCH, AND CULTURAL PURPOSES, AND ACTIVITIES CONCERNING CARE, APPROPRIATENESS TO LONGYEAR'S MISSION, VERIFICATION OF EXISTENCE AND ASSESSMENT OF CONDITION ARE PERFORMED AS REGULAR PROCESSES. PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS CONSIST OF BOARD-DESIGNATED ENDOWMENTS AND TRUE ENDOWMENTS RESTRICTED BY DONORS AGAINST ANY EXPENDITURES OF PRINCIPAL. ANNUAL DISTRIBUTIONS ARE MADE AVAILABLE TO SUPPORT THE ANNUAL OPERATING BUDGET BASED ON THE SPENDING POLICIES OF THE RESPECTIVE ENDOWMENT AGREEMENTS. PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 19,512. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ENDOWMENT TRUSTS -845,856. CHANGE IN VALUE OF SPLIT AGREEMENTS 51,649. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 19,512. AFFILIATE EXPENSES 107,699. X 1 33272 ESTIMATES BY MANAGEMENT X 1 30542 FAIR VALUE X DONATED RUG - VALUE ESTIMATED BY OUTSIDE APPRAISER 1 8500 0 0 1 PART I, LINE 32B: LONGYEAR FOUNDATION UTILIZES A BROKER TO SELL DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES AND THE AUDIT COMMITTEE, AND FORMALLY APPROVED BY THE AUDIT COMMITTEE, PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE MUSEUM HAS ESTABLISHED A SYSTEM OF JOB CLASSIFICATIONS ACCORDING TO THE LEVEL OF EDUCATION, KNOWLEDGE, SKILL, RESPONSIBILITY, AND DECISION-MAKING. THE WAGE STRUCTURE REFLECTS THESE CLASSIFICATIONS AND IS INTENDED TO BE COMPETITIVE WITH THAT OF SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 FILINGS ARE PUBLIC ON THIRD PARTY WEBSITES SUCH AS GUIDESTAR AND LONGYEAR WILL RESPOND TO COMPLY WITH REQUESTS IT RECEIVES DIRECTLY FOR SUCH INFORMATION. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 51,649. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ENDOWMENT TRUSTS -845,856. LONGYEAR HISTORICAL SOCIETY INC 58 STINSON LAKE RD RUMNEY NH 03266 042203829 HOLDS REAL ESTATE IN NEW HAMPSHIRE ON BEHALF OF LONGYEAR FOUNDATION NH 0 0 LONGYEAR FOUNDATION FOUR HUNDRED BEACON CORP 1125 BOYLSTON STREET CHESTNUT HILL MA 02467 208069837 TO OWN, PRESERVE AND MAINTAIN 400 BEACON STREET PROPERTY. MA 501(C)(3) LINE 11A, I LONGYEAR FOUNDATION 1 MARY BEECHER LONGYEAR TRUST 1650 MARKET STREET SUITE 1200 PHILADELPHIA PA 19103 046011948 FUNDING FOR OPERATIONS MA N/A T 596898 10536544 1.00000 1 EDWARD LONG ENDOWMENT TRUST 90 N MAIN STREET CONCORD NH 03301 026105159 FUNDING FOR CONCORD HOUSE NH N/A T 6007 175068 1.00000 1 MOLLIE BABCOCK TRUST 19131 E BUCKSKIN COURT RIO VERDE AZ 85263 999999999 FUNDING FOR OPERATIONS MA N/A T 9271 500049 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 MARY BEECHER LONGYEAR TRUST C 596898 CASH