HOPEDALE FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- HOPEDALE FOUNDATION (EIN 04-6044779)
- Tax period
- 2013-11-01 to 2014-10-31
- Filed
- 2015-03-12
- IRS object ID
- 201520719349100102
- Schema version
- 2013v4.0
- 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 Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-03-12T08:21:39-05:00 | ReturnTs |
| Tax Period End | 2014-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 201063009 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISCOMBE & PARRELLA PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 127 A MAIN ST P O BOX 105 | AddressLine1 |
| City | MEDWAY | City |
| State | MA | State |
| ZIP Code | 02053 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046044779 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HOPEDALE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOPE | BusinessNameControlTxt |
| Phone | 5084732871 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 HOPE STREET | AddressLine1 |
| City | HOPEDALE | City |
| State | MA | State |
| ZIP Code | 01747 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER S ELLIS | PersonNm |
| Person Title | VICE CHAIRMAN | PersonTitleTxt |
| Phone | 5084730820 | PhoneNum |
| Signature | 2015-02-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EUGENE R LISCOMBE | PreparerPersonNm |
| PTIN | P00594042 | PTIN |
| Phone | 5085202728 | PhoneNum |
| Preparation | 2015-02-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,938,614 | 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 |
| Interest On Sav Rev And Expnss | $378 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $378 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $393,532 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $393,532 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $162,423 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $556,333 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $393,910 | 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 | $6,900 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,900 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $7,874 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $7,874 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $1,960 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $1,960 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $45,778 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $45,778 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $62,512 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $62,512 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $424,607 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $424,607 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $487,119 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $487,119 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $69,214 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $393,910 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,598 | CashBOYAmt |
| Cash EOY | $1,599 | CashEOYAmt |
| Cash EOYFMV | $1,599 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $199,590 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $268,803 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $268,803 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $929,282 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $951,598 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $929,282 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $929,282 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Other Investments BOY | $9,438,900 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,738,930 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,738,930 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $10,591,686 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,938,614 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,938,614 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $10,591,686 | UnrestrictedBOYAmt |
| Unrestricted EOY | $10,938,614 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,591,686 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,938,614 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,591,686 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,938,614 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,591,686 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $69,214 | ExcessRevenueOverExpensesAmt |
| Other Increases | $440,137 | OtherIncreasesAmt |
| Subtotal | $11,101,037 | SubtotalAmt |
| Other Decreases | $162,423 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,938,614 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $481,049 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,940,282 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053807 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $481,418 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,203,650 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.058683 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $435,405 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,919,344 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.054980 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $472,789 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $7,374,442 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.064112 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $508,257 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $6,526,512 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.077876 | DistributionYr5Rt |
| Total Distribution | 0.309458 | TotalDistributionRt |
| Average Distribution | 0.061892 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $9,664,094 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $598,130 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,939 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $602,069 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $487,119 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,878 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,878 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,878 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,440 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $7,440 | TotalPaymentsAndCreditsAmt |
| Tax Due | $438 | TaxDueAmt |
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 | 0 | UnrelatedBusIncmOverLimitInd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL A DIORIO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5084732871 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 HOPE STREET | AddressLine1 |
| City | HOPEDALE | City |
| State | MA | State |
| ZIP Code | 01747 | ZIPCode |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| WILLIAM B GANNETT | ||||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | CHAIRMAN/TRUSTEE | 0.50 | $0 | $0 | $0 |
| VINCENT J ARONE | ||||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | TREASURER/TRUSTEE | 1.00 | $0 | $0 | $0 |
| W GREGORY BURRILL | ||||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | SECRETARY/TRUSTEE | 0.50 | $0 | $0 | $0 |
| PETER S ELLIS | ||||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | VICE CHAIRMAN/TRUSTEE | 0.50 | $0 | $0 | $0 |
| ALFRED H SPARLING JR | ||||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| THOMAS H WEST JR | ||||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| STEVEN G ELLIS | ||||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GRANTS TO RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL ORGANIZATIONS | Description1Txt |
| Expenses1 | $284,500 | Expenses1Amt |
| Description2 | LOANS TO COLLEGE STUDENTS WHO GRADUATED FROM HOPEDALE HIGH SCHOOL | Description2Txt |
| Expenses2 | $140,107 | Expenses2Amt |
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 | $9,616,473 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $194,790 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,811,263 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,811,263 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $147,169 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,664,094 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $483,205 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $483,205 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,878 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,878 | TotalTaxAmt |
| Distributable Before Adj | $475,327 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $475,327 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $475,327 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $487,119 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $487,119 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $487,119 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $475,327 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $188,725 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $110,617 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $45,962 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $78,234 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $41,469 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $465,007 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $487,119 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $475,327 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $11,792 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $476,799 | 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 | $188,725 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $288,074 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $110,617 | ExcessFromYear4Amt |
| Excess From Year3 | $45,962 | ExcessFromYear3Amt |
| Excess From Year2 | $78,234 | ExcessFromYear2Amt |
| Excess From Year1 | $41,469 | ExcessFromYear1Amt |
| Excess From Current Year | $11,792 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DR VINCENT J ARONE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 123 | AddressLine1 |
| City | HOPEDALE | City |
| State | MA | State |
| ZIP Code | 01747 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5084732871 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | STUDENT LOANS ARE RESTRICTED TO HOPEDALE HIGH SCHOOL GRADUATES. GRANTS TO CHARITABLE ORIGANZIATIONS ARE RESTRICTED TO THOSE HAVING AN IMPACT ON THE LOCAL AREA. SCHOLARSHIPS ARE LIMITED TO GRADUATES OF HOPEDALE HIGH SCHOOL | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN TEXTILE HISTORY MUSEUM | |||||||
| 491 DUTTON ST | LOWELL | MA | 01854 | NONE | PUBLIC CHARITY | GENERAL OPERATIONS | $10,000 |
| BANCROFT MEMORIAL LIBRARY | |||||||
| 50 HOPE STREET | HOPEDALE | MA | 01747 | NONE | PUBLIC CHARITY | GENERAL OPERATIONS | $1,000 |
| EDUCATION LOANS GRANTED | |||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | NONE | N/A | STUDENT LOANS | $140,107 |
| FRIENDS OF THE HOPEDALE LIBRARY | |||||||
| 50 HOPE STREET | HOPEDALE | MA | 01747 | NONE | PUBLIC CHARITY | GENERAL OPERATIONS | $2,000 |
| HOPEDALE COMMUNITY HOUSE | |||||||
| 43 HOPE STREET | HOPEDALE | MA | 01747 | NONE | PRIVATE OPERATING FO | GENERAL OPERATIONS | $120,000 |
| HOPEDALE JUNIOR SENIOR HIGH SCHOOL | |||||||
| 25 ADIN STREET | HOPEDALE | MA | 01747 | NONE | PUBLIC CHARITY | PARENT TEACHER ORG | $500 |
| KNOX TRAIL COUNCIL BOY SCOUTS OF AMERICA | |||||||
| 490 UNION AVENUE | FRAMINGHAM | MA | 01701 | NONE | PUBLIC CHARITY | CAPITAL CAMPAIGN | $7,500 |
| MILFORD REGIONAL MEDICAL CENTER | |||||||
| 14 PROSPECT ST | MILFORD | MA | 01757 | NONE | PUBLIC CHARITY | BUILDING ADDITION | $100,000 |
| MUSEUM OF SCIENCE | |||||||
| SCIENCE PARK | BOSTON | MA | 021141099 | NONE | PUBLIC CHARITY | GENERAL OPERATIONS | $2,500 |
| NEW ENGLAND AQUARIUM | |||||||
| CENTRAL WHARF | BOSTON | MA | 021103399 | NONE | PUBLIC CHARITY | GENERAL OPERATIONS | $2,500 |
| THE CLAFLIN HILL MUSIC PERFORMANCE FOUND INC | |||||||
| 54 CLAFLIN ST | MILFORD | MA | 01757 | NONE | PUBLIC CHARITY | SUPPORT CONCERT | $5,000 |
| WGBH | |||||||
| 125 WESTERN AVENUE | BOSTON | MA | 02134 | NONE | PUBLIC CHARITY | RALPH LOWELL SOCIETY | $2,000 |
| WHITIN COMMUNITY CENTER | |||||||
| 60 MAIN STREET | WHITINSVILLE | MA | 01588 | NONE | PUBLIC CHARITY | GENERAL OPERATIONS | $3,000 |
| MILFORD SALVATION ARMY | |||||||
| 29 CONGRESS STREET | MILFORD | MA | 01757 | NONE | PUBLIC CHARITY | GENERAL OPERATIONS | $3,500 |
| HOPEDALE FRIENDS OF MUSIC | |||||||
| 25 ADIN STREET | HOPEDALE | MA | 01747 | NONE | PUBLIC CHARITY | GENERAL OPERATIONS | $5,000 |
| LAUREN BRIGGS | |||||||
| 20 TAMMIE ROAD | HOPEDALE | MA | 01747 | NONE | N/A | SCHOLARSHIP | $5,000 |
| DANIELLE CREPEAU | |||||||
| 22 HERON LANE | HOPEDALE | MA | 01747 | NONE | N/A | SCHOLARSHIP | $2,500 |
| OLIVIA MEI | |||||||
| 5 FIIELDSTONE WAY | HOPEDALE | MA | 01747 | NONE | N/A | SCHOLARSHIP | $2,500 |
| MATTHEW POOL | |||||||
| 4 HERON LANE | HOPEDALE | MA | 01747 | NONE | N/A | SCHOLARSHIP | $5,000 |
| LEAH SIEFRING | |||||||
| 7 HAVEN WAY | HOPEDALE | MA | 01747 | NONE | N/A | SCHOLARSHIP | $2,500 |
| MORGAN UPHAM | |||||||
| 286 SOUTH MAIN STREET | HOPEDALE | MA | 01747 | NONE | N/A | SCHOLARSHIP | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $424,607 | 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 | $378 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $393,532 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EDUCATION LOANS REPAID | Desc |
| Related Or Exempt Function Incm | $162,423 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $393,910 | ExclusionAmt |
| Related Or Exempt Function Incm | $162,423 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $556,333 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11A | LineNumberTxt |
| Relationship Statement | REPAYMENT OF INTEREST FREE LOANS FOR HIGHER EDUCATION IN ACCORDANCE WITH ONE OF THE MAIN PURPOSES SPECIFIED IN THE FOUNDATION'S DECLARATION OF TRUST. | RelationshipStatementTxt |
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 | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOPEDALE CHARITABLE CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(2) | OrganizationTypeDesc |
| Relationship Description | COMMON DIRECTORS | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ANNUAL AUDIT | CategoryTxt |
| Amt | $6,900 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,900 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | 73,000 SHS HOPEDALE CHARITABLE CORPORATION | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $9,738,930 | BookValueAmt |
| EOYFMV | $9,738,930 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EDUCATION LOANS REPAID | Description |
| Amount | $162,423 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $250 | $0 | $250 |
| SHARED EXPENSES | $42,150 | $0 | $42,150 |
| OFFICE EXPENSES | $894 | $0 | $894 |
| POSTAGE | $735 | $0 | $735 |
| BOARD EXPENSE | $61 | $0 | $61 |
| COLLECTION EXPENSE | $1,688 | $0 | $1,688 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EDUCATION LOANS REPAID | Desc |
| Revenue And Expenses Per Books | $162,423 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $162,423 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| EDUCATION LOANS GRANTED | $140,107 |
| UNREALIZED GAIN ON INVESTMENTS | $300,030 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $7,874 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,874 | DisbursementsCharitablePrpsAmt |