STRATEGY STUDIO / PUBLIC DATA EXPLORER

MILTON FOUNDATION FOR EDUCATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
MILTON FOUNDATION FOR EDUCATION (EIN 04-3307338)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-01-24
IRS object ID
201410249349300611
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-01-24T10:27:59-06:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN042934388EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Neal A Price & Company LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1194 Newbury Street - Suite 6AddressLine1
CityPeabodyCity
StateMAState
ZIP Code01960ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN043307338EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Milton Foundation for Education IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMILTNameControl
Phone6176982905Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 223AddressLine1
CityMiltonCity
StateMAState
ZIP Code02186ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMargaret EberhardtName
TitlePresidentTitle
Phone6179534400Phone
Date Signed2014-01-06DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePaul D Price CPAName
PTINP00449819PTIN
Phone9788545656Phone
Date Prepared2014-01-06DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMargaret EberhadrtNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line118 Stanton RoadAddressLine1
CityMiltonCity
StateMAState
ZIP Code02186ZIPCode
FieldValueIRS element (for citing)
Gross Receipts441523GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitemiltonfoundationforeducation.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1995YearFormation
State Legal DomicileMAStateLegalDomicile
Activity Or Mission DescriptionTo raise funds to provide aid and additional support to the Milton, Ma Public SchoolsActivityOrMissionDescription
Nbr Voting Members Governing Body23NbrVotingMembersGoverningBody
Nbr Independent Voting Members23NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year13815ContributionsGrantsPriorYear
Contributions Grants Current Year118574ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year6999InvestmentIncomePriorYear
Investment Income Current Year29757InvestmentIncomeCurrentYear
Other Revenue Prior Year165997OtherRevenuePriorYear
Other Revenue Current Year202845OtherRevenueCurrentYear
Total Revenue Prior Year186811TotalRevenuePriorYear
Total Revenue Current Year351176TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year84724GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY376378GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year17099OtherExpensePriorYear
Other Expenses Current Year21599OtherExpensesCurrentYear
Total Expenses Prior Year101823TotalExpensesPriorYear
Total Expenses Current Year397977TotalExpensesCurrentYear
Revenues Less Expenses Prior Year84988RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-46801RevenuesLessExpensesCY
Total Assets BOY638021TotalAssetsBOY
Total Assets EOY598450TotalAssetsEOY
Total Liabilities BOY1904TotalLiabilitiesBOY
Total Liabilities EOY9134TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY636117NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY589316NetAssetsOrFundBalancesEOY
Mission DescriptionTo raise funds to provide aid and additional support to the Milton, Ma Public SchoolsMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense376378Expense
Grants376378Grants
DescriptionThe Foundation enhanced the quality of education and helped expand educational oppurtunities within the Milton, Ma Public Schools by generating and distributing financial grants to facilitate student development, encourage excellence through creative learning, promote community-school partnerships and, by raising and distributing funds to the schools for this purpose.Description
Total Program Service Expense376378TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members23NbrVotingGoverningBodyMembers
Number Independent Voting Members23NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1Margaret EberhardtBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number7818496070TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO Box 223AddressLine1
CityMiltonCity
StateMAState
ZIP Code02186ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (33 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
Ami Joiner
Trustee2.00X000
Angela Rue-Van Allen
Trustee2.00X000
Astrid Hajjar
Trustee2.00X000
Barbara Avitabile
Trustee2.00X000
Denise Queally
Trustee2.00X000
Donald J Greene
Vice President5.00X000
Gary Kelly
Trustee2.00X000
Julie Ritchie
Trustee2.00X000
Laura Conway
Trustee2.00X000
Mary Gormley
Trustee2.00X000
Meg Kaster
Trustee2.00X000
Patti Elliot
Trustee2.00X000
Philip Stanley
Trustee2.00X000
Richard Fischer
Trustee2.00X000
Robert Davis
Trustee2.00X000
Roxanne Musto
Trustee2.00X000
Sheila Leddy
Trustee2.00X000
Susan Sullivan
Trustee2.00X000
Thomas Flynn
Trustee2.00X000
Gregory Gordon
Trustee2.00X000
Beirne Lovely
Trustee2.00X000
Jim May
Trustee2.00X000
Peter McLoughlin
Trustee2.00X000
Nora Vernazzo
Trustee2.00X000
Anne Gatnik
Trustee2.00X000
Amy Flanagan
Trustee2.00X000
Rachel Schewe
Trustee2.00X000
Patti Elliott
Vice President5.00000X
TBA
Treasurer5.00000X
Laura Conway
Corresponding Secretary5.00000X
Margaret Eberhardt
President10.00000X
Leslie Collins
Vice President5.00000X
Meg Kaster
Recording Secretary5.00000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions118574AllOtherContributions
Total Contributions118574TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column8485TotalRevenueColumn
Related Or Exempt Function Income8485RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities21272Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities0Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities21272Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column21272TotalRevenueColumn
Related Or Exempt Function Income21272RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Gross Income Fundraising Events305041GrossIncomeFundraisingEvents
Fundraising Direct Expenses90347FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column214694TotalRevenueColumn
Exclusion$214,694ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Miscellaneous Income9000991010
Unrealized Loss on Inv900099-11859-11859
FieldValueIRS element (for citing)
Total Other Revenue-11849TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column351176TotalRevenueColumn
Related Or Exempt Function Income17908RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$214,694ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total376378Total
Program Services376378ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total8610Total
Management And General8610ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total1200Total
Management And General1200ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneral
Miscellaneous Expense1107911079
Postage710710

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total397977Total
Program Services376378ProgramServices
Management And General21599ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY301364BOY
EOY247169EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY331181BOY
EOY345846EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY5476BOY
EOY5435EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY638021BOY
EOY598450EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY1904BOY
EOY9134EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1904BOY
EOY9134EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY636117BOY
EOY589316EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY636117BOY
EOY589316EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY638021BOY
EOY598450EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-46801ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years35356CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years22267CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years27900CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year13815CurrentTaxYearMinus1Year
Current Tax Year118574CurrentTaxYear
Total217912Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years175391CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years148863CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years286336CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year229679CurrentTaxYearMinus1Year
Current Tax Year305041CurrentTaxYear
Total1145310Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years210747CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years171130CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years314236CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year243494CurrentTaxYearMinus1Year
Current Tax Year423615CurrentTaxYear
Total1363222Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5091363222PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years14068CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years8858CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years8838CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year-2804CurrentTaxYearMinus1Year
Current Tax Year17898CurrentTaxYear
Total46858Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years14068CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years8858CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years8838CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year-2804CurrentTaxYearMinus1Year
Current Tax Year17898CurrentTaxYear
Total46858Total

Other Income509 OtherIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year6186CurrentTaxYearMinus1Year
Current Tax Year10CurrentTaxYear
Total6196Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years224815CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years179988CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years323074CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year246876CurrentTaxYearMinus1Year
Current Tax Year441523CurrentTaxYear
Total1416276Total
FieldValueIRS element (for citing)
Public Support Percentage5090.96250PublicSupportPercentage509
Prior Year Support Percentage0.95680PriorYearSupportPercentage
Investment Income Percentage0.03310InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.03840PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1Milton Public SchoolsBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line125 Gile RoadAddressLine1
CityMiltonCity
StateMAState
ZIP Code02186ZIPCode
FieldValueIRS element (for citing)
Amount Of Cash Grant376378AmountOfCashGrant
Purpose Of GrantAssistance to Milton Public SchoolsPurposeOfGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReferenceExplanationExplanation
Form 990, Part VI, Section B, line 11Form 990 is reviewed by board before filing
Form 990, Part VI, Section B, line 12cOrganization monitors and enforces conflict of interest policy
Form 990, Part VI, Section B, line 15No Compensation is provided
Form 990, Part VI, Section C, line 19Organization monitors and enforces conflict of interest policy