HARVARD CLUB OF BOSTON: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HARVARD CLUB OF BOSTON (EIN 04-6112005)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201311349349304891
- Schema version
- 2011v1.5
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T14:33:05-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043138777 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 CROWN COLONY DRIVE SUITE 400 | AddressLine1 |
| City | QUINCY | City |
| State | MA | State |
| ZIP Code | 02169 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046112005 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARVARD CLUB OF BOSTON FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HARV | NameControl |
| Phone | 6175361260 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 374 COMMONWEALTH AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL F CRONIN | Name |
| Title | TREASURER | Title |
| Phone | 6175361260 | Phone |
| Date Signed | 2013-04-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT V DANDROW | Name |
| PTIN | P00294799 | PTIN |
| Phone | 6174220007 | Phone |
| Date Prepared | 2013-04-29 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | NICHOLAS J ISELIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 374 COMMONWEALTH AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 618030 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1950 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNDATION'S MOST SIGNIFICANT ACTIVITIES CONSIST OF GRANTING SCHOLARSHIPS AND FELLOWSHIPS TO VARIOUS HARVARD UNIVERSITY COLLEGES, PROVIDING HORBLIT CONCERT STIPENDS TO HARVARD UNIVERSITY STUDENTS AND AWARDING HARVARD PRIZE BOOKS TO OUTSTANDING HIGH SCHOOL STUDENTS AND TEACHERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 18 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 127388 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 129086 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 390088 | InvestmentIncomePriorYear |
| Investment Income Current Year | 379900 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 517476 | TotalRevenuePriorYear |
| Total Revenue Current Year | 508986 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 746646 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 394221 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 198248 | OtherExpensePriorYear |
| Other Expenses Current Year | 195481 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 944894 | TotalExpensesPriorYear |
| Total Expenses Current Year | 589702 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -427418 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -80716 | RevenuesLessExpensesCY |
| Total Assets BOY | 9505703 | TotalAssetsBOY |
| Total Assets EOY | 9096301 | TotalAssetsEOY |
| Total Liabilities BOY | 2459417 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 97692 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7046286 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 8998609 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO FOSTER SCIENTIFIC, LITERARY AND EDUCATIONAL INTERESTS AMONG MEMBERS OF THE HARVARD CLUB OF BOSTON AND TO ADVANCE THE INTERESTS AND PROMOTE THE WELFARE OF HARVARD UNIVERSITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 381859 | Expense |
| Grants | 381859 | Grants |
| Description | SCHOLARSHIPS AND FELLOWSHIPS TO VARIOUS HARVARD UNIVERSITY COLLEGES AS FOLLOWS: HARVARD UNIVERSITY FOR UNDERGRADUATE SCHOLARSHIPS $317,859; HARVARD COLLEGE SUMMER COMMUNITY SERVICE FELLOWSHIPS $16,000; HARVARD GRADUATE SCHOOL OF EDUCATION SCHOLARSHIPS $24,000; AND HARVARD DIVINITY SCHOOL FELLOWSHIPS $24,000. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 28542 | Expense |
| Grants | 9312 | Grants |
| Description | PRIZE BOOKS WERE AWARDED TO HIGH SCHOOL STUDENTS IN RECOGNITION OF ADVANCED SCHOLASTIC ACHIEVEMENT. THE AWARDS ARE DISTRIBUTED AT A RECOGNITION BANQUET. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 12324 | Expense |
| Description | STUDENT RECEPTIONS HONORING SCHOLARSHIP RECIPIENTS | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9588 | Expense |
| Grants | 3050 | Grants |
| Description | CONCERTS BY MUSICIANS ENROLLED AT HARVARD UNIVERSITY | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 9588 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 3050 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 432313 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL JENKINS CONTROLLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6175361260 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 374 COMMONWEALTH AVE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| NICHOLAS J ISELIN | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| JEREMIAH P MURPHY JR | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| KAREN M VAN WINKLE | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| MICHAEL CRONIN | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| MICHAEL H SHANAHAN | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| SCOTT ABELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STEPHEN H ALLISON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| J JACQUES CARTER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MITCHELL L DONG | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOSEPH F X DONOVAN JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KAREN F GREEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MATTHEW G HEGARTY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RUBY HENRY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KATHERINE CRAVEN KRYZANSKI | ||||||
| DIRECTOR EFF 4/2012 | 1.00 | X | 0 | 0 | 0 | |
| KEVIN M MCCAFFERTY | ||||||
| DIRECTOR THRU 4/2012 | 1.00 | X | 0 | 0 | 0 | |
| ESSENCE R MCGILL ARZU | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| EDWARD MATSON SIBBLE JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN SIMS JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARGARET M VAILLANCOURT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARVARD UNIVERSITY POOLED ENDOWMENT | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 MOUNT AUBURN STREET | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 021385795 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | INVESTMENT FEES | DescriptionOfServices |
| Compensation | 127068 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 129086 | AllOtherContributions |
| Total Contributions | 129086 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 44017 | TotalRevenueColumn |
| Exclusion | $44,017 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 444927 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 109044 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 335883 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 335883 | TotalRevenueColumn |
| Exclusion | $335,883 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 508986 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $379,900 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 381859 | Total |
| Program Services | 381859 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12362 | Total |
| Program Services | 12362 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7000 | Total |
| Management And General | 7000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127068 | Total |
| Management And General | 127068 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5941 | Total |
| Program Services | 2515 | ProgramServices |
| Management And General | 3426 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35752 | Total |
| Program Services | 35577 | ProgramServices |
| Management And General | 175 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| ADMINISTRATIVE | 19650 | 19650 |
| FILING FEES | 70 | 70 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 589702 | Total |
| Program Services | 432313 | ProgramServices |
| Management And General | 157389 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33932 | BOY |
| EOY | 5283 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19293 | BOY |
| EOY | 73773 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9452478 | BOY |
| EOY | 9017245 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9505703 | BOY |
| EOY | 9096301 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8195 | BOY |
| EOY | 33692 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2451222 | BOY |
| EOY | 64000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2459417 | BOY |
| EOY | 97692 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3525519 | BOY |
| EOY | 3358565 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3211624 | BOY |
| EOY | 5330901 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 309143 | BOY |
| EOY | 309143 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7046286 | BOY |
| EOY | 8998609 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9505703 | BOY |
| EOY | 9096301 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -80716 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2033039 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 148646 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 133658 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 129928 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 127388 | CurrentTaxYearMinus1Year |
| Current Tax Year | 129086 | CurrentTaxYear |
| Total | 668706 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 148646 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 133658 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 129928 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 127388 | CurrentTaxYearMinus1Year |
| Current Tax Year | 129086 | CurrentTaxYear |
| Total | 668706 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 668706 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 78067 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 13971 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 32797 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 49787 | CurrentTaxYearMinus1Year |
| Current Tax Year | 44017 | CurrentTaxYear |
| Total | 218639 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 887345 | TotalSupport |
| Public Support Pertcentage170 | 0.75360 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.62440 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7046286 | BeginningOfYearBalance |
| Contributions | 129086 | Contributions |
| Investment Earnings Or Losses | -117351 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -2009001 | GrantsOrScholarships |
| Other Expenditures | 38092 | OtherExpenditures |
| Administrative Expenses | 30321 | AdministrativeExpenses |
| End Of Year Balance | 8998609 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6187865 | BeginningOfYearBalance |
| Contributions | 127388 | Contributions |
| Investment Earnings Or Losses | 1556615 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 746646 | GrantsOrScholarships |
| Other Expenditures | 36935 | OtherExpenditures |
| Administrative Expenses | 42001 | AdministrativeExpenses |
| End Of Year Balance | 7046286 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6079253 | BeginningOfYearBalance |
| Contributions | 129928 | Contributions |
| Investment Earnings Or Losses | 685867 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 631822 | GrantsOrScholarships |
| Other Expenditures | 33218 | OtherExpenditures |
| Administrative Expenses | 42143 | AdministrativeExpenses |
| End Of Year Balance | 6187865 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10041665 | BeginningOfYearBalance |
| Contributions | 178658 | Contributions |
| Investment Earnings Or Losses | -3162084 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 910582 | GrantsOrScholarships |
| Other Expenditures | 33939 | OtherExpenditures |
| Administrative Expenses | 34465 | AdministrativeExpenses |
| End Of Year Balance | 6079253 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.37320 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.03440 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.59240 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | HARVARD UNIV. POOLED GEN. INVESTMENT ACCT | Description |
| Book Value | 9017245 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 9017245 | TotalOfBookValueSecurities |
| Total Revenue | 508986 | TotalRevenue |
| Total Expenses | 589702 | TotalExpenses |
| Excess Or Deficit For Year | -80716 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -370183 | NetUnrealizedGLOnInvestments |
| Other | $2,403,222 | OtherAmount |
| Total Adjustments | 2033039 | TotalAdjustments |
| Excess Or Deficit Per FS | 1952323 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 11735 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -370183 | OtherRevenues |
| Revenue Not Rptd F990 | -370183 | RevenueNotRptdF990 |
| Revenue Subtotal | 381918 | RevenueSubtotal |
| Investment Expenses Not Included | 127068 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 127068 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 508986 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 462634 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 462634 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 127068 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 127068 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 589702 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | TO PROVIDE FOR FUTURE FUNDING OF SCHOLARSHIPS AND FELLOWSHIPS FOR DESERVING STUDENTS OF HARVARD UNIVERSITY AND TO PROVIDE FOR FUTURE FUNDING OF HARVARD PRIZE BOOK AWARDS FOR OUTSTANDING HIGH SCHOOL STUDENTS AND TEACHERS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE INCOME TAXES TOPIC OF THE FASB ASC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT OF THE FOUNDATION HAS EVALUATED ITS UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | OTHER CHANGES IN NET ASSETS - SEE FOLLOWING EXPLANATION 2,403,222. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | NET UNREALIZED LOSS ON INVESTMENTS -370,183. | |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: DESCRIPTION OF "OTHER CHANGES IN NET ASSETS: DURING 2012, HARVARD UNIVERSITY AND THE FOUNDATION HELD DISCUSSIONS CONCERNING THE SUSTAINABILITY OF THE SCHOLARSHIP FUNDING THE FOUNDATION'S BOARD HAD PREVIOUSLY AUTHORIZED. THE RESULT OF THESE DISCUSSIONS WAS AN ACKNOWLEDGEMENT BY HARVARD UNIVERSITY THAT THERE WAS NO UNDERGRADUATE SCHOLARSHIP COMMITMENT OUTSTANDING AT JUNE 30, 2012. ACCORDINGLY, AN OUTSTANDING LIABILITY FOR UNDERGRADUATE SCHOLARSHIPS OF $2,403,222 HAS BEEN ELIMINATED AND REPORTED AS AN OTHER CHANGE "INCREASE" IN NET ASSETS IN THE YEAR ENDED JUNE 30, 2012. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESIDENT AND FELLOWS OF HARVARD COLLEGE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1033 MASSACHUSETTS AVE THIRD FLOOR | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02138 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 042103580 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 381859 | AmountOfCashGrant |
| Purpose Of Grant | PROVIDE UNDERGRADUATE AND GRADUATE SCHOLARSHIPS AND FELLOWSHIPS TO DESERVING STUDENTS | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|---|---|---|
| HARVARD PRIZE BOOKS | 308 | 9312 | FMV | PRIZE BOOK AWARDS | |
| CONCERT STIPEND | 14 | 3050 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE FOUNDATION GRANTS FUNDS TO HARVARD UNIVERSITY TO PROVIDE FOR THE EDUCATIONAL NEEDS OF DESERVING HARVARD STUDENTS. THE FOUNDATION RECEIVES A YEARLY LIST OF RECIPIENTS, WHICH INCLUDE THEIR NAME AND BIOGRAPHY. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT COMMITTEE REVIEWED AND APPROVED THE FORM 990 AND RECOMMENDED ACCEPTANCE BY THE FOUNDATION'S TRUSTEE. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS REVIEWED AND SIGNED BY EACH DIRECTOR AT THE ANNUAL MEETING. | |
| NONE COMPENSATED | ||
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS ARE ATTACHED TO THE MA FORM PC FILED WITH THE ATTORNEY GENERAL'S OFFICE. THIS FORM IS OPEN TO PUBLIC INSPECTION. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -370,183. OTHER CHANGES IN NET ASSETS - SEE FOLLOWING EXPLANATION 2,403,222. TOTAL TO FORM 990, PART XI, LINE 5: 2,033,039. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | |
| FORM 990, PART XI, LINE 5 | DURING 2012, HARVARD UNIVERSITY AND THE FOUNDATION HELD DISCUSSIONS CONCERNING THE SUSTAINABILITY OF THE SCHOLARSHIP FUNDING THE FOUNDATION'S BOARD HAD PREVIOUSLY AUTHORIZED. THE RESULT OF THESE DISCUSSIONS WAS AN ACKNOWLEDGEMENT BY HARVARD UNIVERSITY THAT THERE WAS NO UNDERGRADUATE SCHOLARSHIP COMMITMENT OUTSTANDING AT JUNE 30, 2012. ACCORDINGLY, AN OUTSTANDING LIABILITY FOR UNDERGRADUATE SCHOLARSHIPS OF $2,403,222 HAS BEEN ELIMINATED AND REPORTED AS AN OTHER CHANGE "INCREASE" IN NET ASSETS IN THE YEAR ENDED JUNE 30, 2012. | OTHER CHANGES IN NET ASSETS OF $2,403,222 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARVARD CLUB OF BOSTON | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 374 COMMONWEALTH AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041423320 | EIN |
| Primary Activities | ATHLETIC, SOCIAL AND INTELLECTUAL ACTIVITIES CLUB | PrimaryActivities |
| Legal Domicile State | MA | LegalDomicileState |
| Exempt Code Section | 501(C)(7) | ExemptCodeSection |
| Public Charity Status | N/A | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| HARVARD CLUB OF BOSTON (AMOUNTS RAISED AND REMITTED TO FOUNDATION) | ||
| L | 113611 | FMV |
| HARVARD CLUB OF BOSTON | ||
| M | 35285 | FMV |
| HARVARD CLUB OF BOSTON | ||
| N | 19650 | FMV |
| HARVARD CLUB OF BOSTON | ||
| O | 2430 | FMV |