2012-06-11T15:29:51-05:00 2011-08-31 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2010-09-01 042104757 NEW ENGLAND HISTORICAL GENEALOGICAL SOCIETY NEWE 6175365740 101 NEWBURY STREET BOSTON MA 02116 BRENTON SIMONS 6175365740 2012-06-11 1 JOHN R BUCKLEY CPA 5083669100 2012-06-11 2010 2016-02-24 21:20:13Z THOMAS R WILCOX JR 101 NEWBURY STREET BOSTON MA 02116 11595457 0 X HTTP://WWW.AMERICANANCESTORS.ORG X 1845 MA TO COLLECT, PRESERVE, AND INTERPRET MATERIALS TO DOCUMENT AND MAKE ACCESSIBLE THE HISTORIES OF FAMILIES IN AMERICA. 22 22 66 262 0 0 5080318 4084311 2449022 2844328 -1734009 913158 154583 115637 5949914 7957434 0 0 0 0 3387490 3703665 0 0 1428936 3111987 4203868 6499477 7907533 -549563 49901 40640250 42381867 2880517 3081574 37759733 39300293 X FOUNDED IN 1845, NEW ENGLAND HISTORIC GENEALOGICAL SOCIETY IS THE COUNTRY'S OLDEST AND LARGEST NON-PROFIT GENEALOGICAL ORGANIZATION. LOCATED IN BOSTON, NEHGS COLLECTS, PRESERVES, AND INTERPRETS MATERIALS THAT HELP MAKE ACCESSIBLE THE HISTORIES OF FAMILIES IN AMERICA. THE NEHGS RESEARCH LIBRARY, ONE OF THE MOST RESPECTED GENEALOGICAL LIBRARIES IN THE FIELD, IS HOME TO MILLIONS OF BOOKS, JOURNALS, MANUSCRIPTS, PHOTOGRAPHS, MICROFILMS, DOCUMENTS, RECORDS, AND OTHER ARTIFACTS THAT DATE BACK MORE THAN FOUR CENTURIES. THE AWARD-WINNING WEB SITE WWW.AMERICANANCESTORS.ORG OFFERS ACCESS TO MORE THAN 110 MILLION NAMES IN 2,400 SEARCHABLE DATABASES. NEHGS HAS MORE THAN 25,000 MEMBERS NATIONALLY. NEHGS STAFF INCLUDES SOME OF THE LEADING EXPERT GENEALOGISTS IN THE COUNTRY, SPECIALIZING IN EARLY AMERICAN, IRISH, ENGLISH, ITALIAN, SCOTTISH, ATLANTIC AND FRENCH CANADIAN, AND JEWISH GENEALOGY. 0 0 1302348 308622 RESEARCH LIBRARY-ASSISTING MEMBERS AND NON-MEMBERS IN GENEALOGICAL RESEARCH. 1256286 WEBSITE-OPERATING AND MAINTAINING AMERICANANCESTORS.ORG 1102858 22502 PUBLICATIONS 735051 688090 TOURS AND SEMINARS-GENEALOGICAL TOURS AND PRESENTATIONS / SEMINARS FOR MEMBERS AND NON-MEMBERS. 387427 1825114 MEMBER SERVICES-ASSISTING MEMBERS TO GET STARTED IN GENEALOGY. NEHGS SERVES APPROXIMATELY 26,000 MEMBERS THROUGH THE UNITED STATES. 127931 115637 RETAIL STORE-SELLING GENEALOGICAL BOOKS AND MERCHANDISE. 1250409 2628841 4911901 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 38 0 66 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X JEREMY BENTO 6172661264 101 NEWBURY STREET BOSTON MA 02116 ERIC B SCHULTZ 1.50 X X 0 0 0 CAROLYN LYNCH 1.50 X X 0 0 0 M DAVID SHERRILL 1.50 X X 0 0 0 VIRGINIA WHITMAN KOSTER 1.50 X X 0 0 0 BRUCE R BARTLETT 1.50 X 0 0 0 JOSEPH SWAN JUNKIN 1.50 X 0 0 0 LINDA A PESCOSOLIDO 1.50 X 0 0 0 WILLIAM CROZIER JR 1.50 X 0 0 0 KRISTIN SERVISON 1.50 X 0 0 0 DONALD FRIARY PHD 1.50 X 0 0 0 ELIZABETH GODDARD JD PHD 1.50 X 0 0 0 WILLIAM GRIFFETH 1.50 X 0 0 0 DAVID WATSON KRUGER 1.50 X 0 0 0 HAROLD HUNTER LEACH JR JD 1.50 X 0 0 0 JO ANNE CROWLEY MAKELY 1.50 X 0 0 0 NANCY S MAULSBY 1.50 X 0 0 0 BONNIE A REILLY 1.50 X 0 0 0 FRANK C RIPLEY PHD 1.50 X 0 0 0 PETER M SMALL 1.50 X 0 0 0 KATHLEEN A VAN DEMARK MD 1.50 X 0 0 0 MORRISON DES WEBB JD 1.50 X 0 0 0 CHRISTOPHER M WHITE 1.50 X 0 0 0 D BRENTON SIMONS 35.00 X 337508 0 122446 THOMAS WILCOX 35.00 X 145576 0 36432 RALPH J CRANDALL 35.00 X 140809 0 39000 EDWARD MACMAHON 35.00 X 129069 0 35858 STEVEN SOLOMON 35.00 X 113314 0 30797 THOMAS CHAMPOUX 35.00 X 101317 0 26205 967593 0 290738 6 0 1 0 PRICEWATERHOUSE COOPERS LLP PO BOX 7237-8001 PHILADELPHIA PA 19170 CONSULTING 955000 PARTERRE GARDEN SERVICES 2235 MASSACHUSETTS AVENUE CAMBRIDGE MA 02140 GARDEN LANDSCAPING PROJECT 146885 LEE KENNEDY CO 122 QUINCY SHORE DRIVE QUINCY MA 02171 FACADE RENOVATION 131561 RIPON COMMUNITY PRINTERS 656 S DOUGLAS STREET RIPON WI 54971 BOOK PRINTING 105448 4 4084311 70171 4084311 MEMBERSHIP DUES 900099 1825114 1825114 SEMINAR AND OTHER PROG 900099 688090 688090 LIBRARY FEES AND ADMIS 900099 308622 308622 SUBSCRIPTIONS 900099 22502 22502 2844328 140581 140581 4242989 3470412 772577 772577 772577 283248 167611 115637 115637 7957434 2959965 0 913158 515867 412693 51587 51587 2561531 1597219 659556 304756 160219 103983 37613 18623 208605 147233 31398 29974 257443 167082 60437 29924 8059 8059 46099 46099 50380 50380 80297 60370 19927 62499 58122 4377 538062 320466 128983 88613 838027 343892 494135 469880 403705 64019 2156 132091 1723 40737 89631 495634 240000 255634 59595 59595 CAPITAL CAMPAIGN EXPENS 762022 762022 BAD DEBT 332107 12476 319631 SUPPLIES 117047 116062 959 26 DUES AND SUBSCRIPTIONS 1468 103 1365 CENTRAL FACILITY ALLOCA 0 745735 -792344 46609 210601 181037 28926 638 7907533 4911901 1566696 1428936 108022 40998 2656226 823109 11172295 11635338 34696 64546 237429 237969 55614 45923 12976185 4665096 8384468 8311089 12960986 14331534 4813341 6649699 217173 241662 40640250 42381867 274717 605112 1024355 1078206 1581445 1398256 2880517 3081574 X 10045355 10230768 11655615 12737792 16058763 16331733 37759733 39300293 40640250 42381867 X 49901 1490659 X X 0 1 1 X 0 X 2044049 4771916 7765499 5080318 4084311 23746093 2127038 2684800 2640914 2790393 3127576 13370721 4171087 7456716 10406413 7870711 7211887 37116814 516948 1052040 428331 1748748 307594 4053661 297666 1747591 7620298 905083 958850 11529488 814614 2799631 8048629 2653831 1266444 15583149 21533665 1005234 203107 102130 68701 140581 1519753 1005234 203107 102130 68701 140581 1519753 5176321 7659823 10508543 7939412 7352468 38636567 0.55730 0.51870 0.03930 0.05170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 17287245 436722 1989008 1310000 18402975 16841375 959818 696052 1210000 17287245 20929213 295291 -2702129 1681000 16841375 0.11250 0.88750 0 0 868500 868500 6585521 1698279 4887242 3909093 2778314 1130779 1613071 188503 1424568 8311089 ALTERNATIVE INVESTMENTS 6649699 F 6649699 ANNUITY PAYABLE 773293 ACCRUED RETIREMENT 624963 1398256 7957434 7907533 49901 1700589 -209930 1490659 1540560 9397713 1700589 -209930 1490659 7907054 50380 50380 7957434 7857153 0 7857153 50380 50380 7907533 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SOCIETY FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD, WHICH REQUIRES THE SOCIETY TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF AUGUST 31, 2011, THE SOCIETY DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. INFORMATION RETURNS FILED FOR THE PRIOR THREE YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND MASSACHUSETTS AUTHORITIES. THE SOCIETY DOES NOT EXPECT THAT THE AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. SCHEDULE D, PAGE 4 PART XI: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS SCHEDULE D, PAGE 4 PART XII: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS PART V, LINE 4: THE SOCIETY DESIGNATES ONLY A PORTION OF THE SOCIETY'S CUMULATIVE INVESTMENT RETURN FOR SUPPORT OF OPERATIONS; THE REMAINDER IS RETAINED TO SUPPORT OPERATIONS OF FUTURE YEARS AND TO OFFSET POTENTIAL MARKET DECLINES. MASSACHUSETTS STATE LAW ALLOWS THE SOCIETY TO APPROPRIATE AS MUCH OF THE NET APPRECIATION AS IS PRUDENT CONSIDERING THE SOCIETY'S LONG AND SHORT-TERM NEEDS, PRESENT AND ANTICIPATED FINANCIAL REQUIREMENTS, EXPECTED TOTAL RETURN ON ITS INVESTMENTS, PRICE LEVEL TRENDS, AND GENERAL ECONOMIC CONDITIONS. UNDER THE SOCIETY'S SPENDING POLICY, 4.5 PERCENT OF THE THREE-YEAR AVERAGE OF THE FAIR VALUE OF THE INVESTMENTS (EXCLUDING INVESTMENTS DESIGNATED AS CURRENT ASSETS) AT THE BEGINNING OF EACH OF THE PREVIOUS THREE FISCAL YEARS IS APPROPRIATED TO SUPPORT OPERATIONS. IN THE EVENT OF A SIGNIFICANT MARKET DECLINE, THE SOCIETY WILL CONSIDER ALL FACTORS RELEVANT TO THE STATED GOAL IN DETERMINING ANY CHANGE TO THE APPROPRIATION AS ALLOWED BY UPMIFA. THE SOCIETY HAS AN INVESTMENT POLICY, WHICH COMBINED WITH THE SPENDING RATE, ATTEMPTS TO PROVIDE A PREDICTABLE STREAM OF RETURNS COMBINED WITH ASSET PROTECTION. ENDOWMENT ASSETS INCLUDE THOSE ASSETS RESTRICTED BY DONORS THAT THE SOCIETY MUST HOLD IN PERPETUITY. UNDER THE SOCIETY'S INVESTMENT POLICY AND SPENDING RATE, BOTH APPROVED BY THE BOARD OF TRUSTEES, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE AN INFLATION-ADJUSTED RETURN IN EXCESS OF THE SPENDING RATE OVER A LONG PERIOD OF TIME. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE SOCIETY RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE INVESTMENT COMMITTEE, ADVISED BY A LEADING THIRD PARTY INVESTMENT ADVISOR, IS RESPONSIBLE FOR SELECTING THE INVESTMENT MANAGERS OF THE SOCIETY'S PORTFOLIO. THE INVESTMENT COMMITTEE'S STRATEGY IS TO INCLUDE AN ARRAY OF DIFFERENT STRATEGY AND INVESTMENT MANAGERS FOR THE PORTFOLIO TO MINIMIZE RISK WHILE PROVIDING INVESTMENT RETURNS EXCEEDING INDUSTRY BENCHMARKS. SCHEDULE D, PART III, LINE 4: THE NEHGS RESEARCH LIBRARY, LOCATED IN BOSTON, IS HOME TO MORE THAN 12 MILLION ORIGINAL DOCUMENTS, ARTIFACTS, RECORDS, MANUSCRIPTS, BOOKS, FAMILY PAPERS, BIBLES, AND PHOTOGRAPHS DATING BACK MORE THAN FOUR CENTURIES. X X X X 0 1 0 0 0 0 0 0 0 D BRENTON SIMONS 228128 0 109380 0 0 0 75000 0 47446 0 459954 0 0 0 THOMAS WILCOX 145576 0 0 0 0 0 0 0 36432 0 182008 0 0 0 RALPH J CRANDALL 140809 0 0 0 0 0 0 0 39000 0 179809 0 0 0 EDWARD MACMAHON 129069 0 0 0 0 0 0 0 35858 0 164927 0 0 0 X 3 70171 MARKET VALUE OF STOCK 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS FIRST REVIEWED BY THE BOARD OF TRUSTEES AND BY MANAGEMENT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AT THE ANNUAL BOARD MEETING, ALL BOARD MEMBERS ARE REQUIRED TO RESIGN THE SOCIETY'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE SOCIETY'S TOP MANAGEMENT OFFICIAL IS PERFORMED BY AN INDEPENDENT OUTSIDE CONSULTANT AND INDEPENDENT BOARD DISCUSSION AND EVALUATION. THE PROCESS FOR DETERMINING THE SALARY OF OTHER OFFICERS IS DONE USING COMPARISONS TO SIMILAR LOCALLY FUNCTIONING INSTITUTIONS BY THE BOARD EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THESE ARE MADE AVAILABLE THROUGH REGULAR MAIL INQUIRIES, AND CAN BE FOUND AT VARIOUS THIRD PARTY WEBSITES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,700,589. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -209,930. TOTAL TO FORM 990, PART XI, LINE 5: 1,490,659. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT.