LYNCH FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- LYNCH FOUNDATION (EIN 04-3017940)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-15
- IRS object ID
- 201222289349303132
- Schema version
- 2011v1.2
- 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 | 2012-08-15T14:52:38-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042571780 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1 |
| City | WESTBORO | City |
| State | MA | State |
| ZIP Code | 01581 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043017940 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LYNCH FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LYNC | NameControl |
| Phone | 6174572028 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 280 CONGRESS STREET SUITE 1300 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KATHRYN EVERETT | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 6174572028 | Phone |
| Date Signed | 2012-08-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID KELLEHER CPA | Name |
| PTIN | P01059560 | PTIN |
| Phone | 5083669100 | Phone |
| 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 | KATHRYN EVERETT | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 280 CONGRESS STREET SUITE 1300 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 212214110 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | THELYNCHFOUNDATION.ORG | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1988 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE ASSISTANCE TO PROGRAMS PRIMARILY IN MASSACHUSETTS WITH AN EMPHASIS ON EDUCATION, CULTURE AND HISTORIC PRESERVATION; HEALTHCARE AND MEDICAL RESEARCH; AND RELIGIOUS AND EDUCATIONAL EFFORTS OF THE ROMAN CATHOLIC CHURCH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 14166315 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1537704 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14166315 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1537704 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 6191195 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5254020 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 397898 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 443399 | 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 | 616882 | OtherExpensePriorYear |
| Other Expenses Current Year | 936268 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 7205975 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6633687 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6960340 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -5095983 | RevenuesLessExpensesCY |
| Total Assets BOY | 98674934 | TotalAssetsBOY |
| Total Assets EOY | 83498671 | TotalAssetsEOY |
| Total Liabilities BOY | 5346 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7873 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 98669588 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 83490798 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE LYNCH FOUNDATION PROVIDES ASSISTANCE TO PROGRAMS PRIMARILY IN MASSACHUSETTS WITH AN EMPHASIS ON EDUCATION; CULTURE AND HISTORICAL PRESERVATION; HEALTHCARE AND MEDICAL RESEARCH; AND RELIGIOUS AND EDUCATIONAL EFFORTS OF THE ROMAN CATHOLIC CHURCH. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5450236 | Expense |
| Grants | 5254020 | Grants |
| Description | PROVIDE ASSISTANCE TO PROGRAMS PRIMARILY IN MASSACHUSETTS WITH AN EMPHASIS ON EDUCATION; CULTURE AND HISTORIC PRESERVATION; HEALTHCARE AND MEDICAL RESEARCH; AND RELIGIOUS AND EDUCATIONAL EFFORTS OF THE ROMAN CATHOLIC CHURCH. | Description |
| Total Program Service Expense | 5450236 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | 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 | 0 | 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 | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | 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 | 0 | 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 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| 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 |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KATHRYN EVERETT EXECUTIVE DIRECTOR | NamePerson |
| Telephone Number | 6174572028 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 280 CONGRESS STREET SUITE 1300 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| CAROLYN A LYNCH | |||||||
| PRESIDENT AND CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | |
| PETER S LYNCH | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| J FREDERICK BUSH | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| NANCY A COOLIDGE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD SPILLANE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RALPH C SWEETLAND MD | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARSHA HELMSTADTER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| KATHRYN M EVERETT | |||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 193727 | 0 | 62082 | ||
| DAVID BADEAU | |||||||
| RESEARCH ANALYST | 20.00 | 109808 | 0 | 15254 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 303535 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 77336 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | 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 | GOLDMAN SACHS | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 BROAD STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | INVESTMENT ADVISOR | DescriptionOfServices |
| Compensation | 586102 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 739961 | TotalRevenueColumn |
| Exclusion | $739,961 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 211474149 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 210676406 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 797743 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 797743 | TotalRevenueColumn |
| Exclusion | $797,743 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1537704 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,537,704 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5254020 | Total |
| Program Services | 5254020 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255809 | Total |
| Program Services | 127904 | ProgramServices |
| Management And General | 127905 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 150758 | Total |
| Program Services | 12945 | ProgramServices |
| Management And General | 137813 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12750 | Total |
| Program Services | 12750 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2504 | Total |
| Program Services | 2504 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21578 | Total |
| Program Services | 6878 | ProgramServices |
| Management And General | 14700 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155748 | Total |
| Management And General | 155748 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 977 | Total |
| Management And General | 977 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43214 | Total |
| Management And General | 43214 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 588267 | Total |
| Management And General | 588267 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1699 | Total |
| Management And General | 1699 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29092 | Total |
| Management And General | 29092 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40000 | Total |
| Program Services | 20000 | ProgramServices |
| Management And General | 20000 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26469 | Total |
| Program Services | 13235 | ProgramServices |
| Management And General | 13234 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| DONEE SUPPORT | 45718 | 45718 |
| MEMBERSHIPS | 3864 | 3864 |
| MISCELLANEOUS | 693 | 693 |
| FOREIGN TAXES | 527 | 527 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6633687 | Total |
| Program Services | 5450236 | ProgramServices |
| Management And General | 1183451 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4091324 | BOY |
| EOY | 6438745 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 213911 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7021 | BOY |
| EOY | 5413 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90665437 | BOY |
| EOY | 72455159 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3911152 | BOY |
| EOY | 4385443 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98674934 | BOY |
| EOY | 83498671 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5346 | BOY |
| EOY | 7873 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5346 | BOY |
| EOY | 7873 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98669588 | BOY |
| EOY | 83490798 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98669588 | BOY |
| EOY | 83490798 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98674934 | BOY |
| EOY | 83498671 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -5095983 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -10082807 | 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) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Certification Checkbox | X | CertificationCheckbox |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133541913 | EIN |
| Type Of Organization | SEE ATTACHED | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $5,254,020 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 5254020 | SumOfAmounts |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PRIVATE EQUITY INVESTMENTS | Description |
| Book Value | 4385443 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 4385443 | TotalOfBookValueSecurities |
| Total Revenue | 1537704 | TotalRevenue |
| Total Expenses | 6633687 | TotalExpenses |
| Excess Or Deficit For Year | -5095983 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -10082807 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -10082807 | TotalAdjustments |
| Excess Or Deficit Per FS | -15178790 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | -8545103 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -10082807 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -10082807 | RevenueNotRptdF990 |
| Revenue Subtotal | 1537704 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1537704 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6633687 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6633687 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6633687 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | THE FOUNDATION FOLLOWS THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRE THE FOUNDATION TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF DECEMBER 31, 2011, THE FOUNDATION DETERMINED THAT IT HAD NO TAX POSITIONS THAT DID NOT MEET THE "MORE LIKELY THAN NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THE FOUNDATION FILES INFORMATION RETURNS IN THE UNITED STATES FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (51 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| AMERICARES | |||||||
| 88 HAMILTON AVENUE | STAMFORD | CT | 06902 | 061008595 | 501(C)(3) | 25000 | GENERAL OPERATING DOMESTIC PROGRAM |
| ANTI-DEFAMATION LEAGUE (NEW ENGLAND) | |||||||
| 40 COURT STREET | BOSTON | MA | 02108 | 131818723 | 501(C)(3) | 10000 | GENERAL OPERATING SUPPORT |
| ARTISTS FOR HUMANITY | |||||||
| 100 W 2ND STREET | BOSTON | MA | 02127 | 043138434 | 501(C)(3) | 50000 | GENERAL OPERATING & PROGRAM EXPANSION |
| ASSOCIATION OF SMALL FOUNDATIONS | |||||||
| 1720 N STREET NW | WASHINGTON | DC | 20036 | 650617866 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| BETHEL AME CHURCH | |||||||
| 40 WALK HILL STREET | JAMAICA PLAIN | MA | 02130 | 271375096 | 501(C)(3) | 85000 | CAPITAL CAMPAIGN/ RENOVATIONS & EXPANSION |
| BOSTON ARCHDIOCESAN CHOIR SCHOOL | |||||||
| 29 MT AUBURN STREET | CAMBRIDGE | MA | 02138 | 043210036 | 501(C)(3) | 50000 | DIRECTOR OF DEVELOPMENT SUPPORT |
| BOSTON PUBLIC LIBRARY FOUNDATION | |||||||
| 700 BOYLSTON STREET | BOSTON | MA | 02116 | 043150560 | 501(C)(3) | 10000 | GENERAL OPERATING SUPPORT |
| BOSTON SCHOLAR ATHLETE | |||||||
| 65 ALLERTON STREET BOSTON MA 02119 | BOSTON | MA | 02119 | 205409073 | 501(C)(3) | 50000 | PROGRAM EXPANSION |
| BOSTON SCHOOLYARD INITIATIVE CEDAC | |||||||
| ONE CENTER PLAZA STE 350 | BOSTON | MA | 02108 | 042657382 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| BOYS & GIRLS CLUBS OF BOSTON | |||||||
| 50 CONGRESS STREET | BOSTON | MA | 02109 | 042103922 | 501(C)(3) | 50000 | PROGRAM EXPANSION |
| CAMPAIGN FOR CATHOLIC SCHOOLS | |||||||
| 143 NEWBURY STREET | BOSTON | MA | 02116 | 262290458 | 501(C)(3) | 1000000 | CAPITAL CAMPAIGN/ RENOVATIONS & EXPANSION |
| CATHEDRAL HIGH SCHOOL | |||||||
| 74 UNION PARK STREET | BOSTON | MA | 02118 | 562438574 | 501(C)(3) | 100000 | CAPITAL CAMPAIGN/ RENOVATIONS & EXPANSION |
| CATHOLIC SCHOOLS FOUNDATION | |||||||
| 260 FRANKLIN STREET | BOSTON | MA | 02110 | 222485502 | 501(C)(3) | 90000 | TECHNOLOGY GRANT |
| CITY YEAR BOSTON | |||||||
| 285 COLUMBUS AVENUE | BOSTON | MA | 02116 | 222882549 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| EDUCATION PIONEERS | |||||||
| 99 CHAUNCY STREET 99 FLOOR | BOSTON | MA | 02111 | 770602311 | 501(C)(3) | 50000 | PROGRAM EXPANSION |
| FACING HISTORY & OURSELVES | |||||||
| 16 HURD ROAD | BROOKLINE | MA | 02445 | 042761636 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| FIRST NIGHT INC | |||||||
| 36 BROMFIELD STREET 204 | BOSTON | MA | 02108 | 042609422 | 501(C)(3) | 10000 | GENERAL OPERATING SUPPORT |
| FOUNDATION FOR MASS EYE & EAR INFIRMARY | |||||||
| 243 CHARLES ST | BOSTON | MA | 02114 | 042103591 | 501(C)(3) | 750000 | LYNCH CENTER FOR LASER & RECONSTRUCTIVE SURGERY |
| FRIENDS OF THE PUBLIC GARDEN | |||||||
| 87 MT VERNON STREET | BOSTON | MA | 02108 | 237451432 | 501(C)(3) | 50000 | DUCKLING SCULPTURE ENDOWMENT FUND |
| GIFTS TO GIVE INC | |||||||
| 190 OLD DERBY STREET SUITE 100 | HINGHAM | MA | 02043 | 262475885 | 501(C)(3) | 25000 | GENERAL OPERATING & PROGRAM EXPANSION |
| GIRLS INC OF LYNN | |||||||
| 50 HIGH STREET | LYNN | MA | 01902 | 042104250 | 501(C)(3) | 50000 | GENERAL OPERATING & PROGRAM EXPANSION |
| HARVARD MEDICAL SCHOOL SYSTEMS BIO | |||||||
| 401 PARK DRIVE SUITE 22W | BOSTON | MA | 02215 | 530199180 | 501(C)(3) | 250000 | SYSTEMS BIOLOGY PROGRAM |
| HISTORIC NEW ENGALND | |||||||
| 141 CAMBRIDGE STREET | BOSTON | MA | 02114 | 042104937 | 501(C)(3) | 100000 | PRESERVATION MAINTENANCE FUND |
| ISABELLA STEWART GARDNER MUSEUM | |||||||
| 2 PALACE ROAD | BOSTON | MA | 02115 | 042104334 | 501(C)(3) | 250000 | CAPITAL CAMPAIGN/ RENOVATIONS & EXPANSION |
| MASS 2020 INC | |||||||
| 26 COURT STREET 7TH FLOOR | BOSTON | MA | 02108 | 043534001 | 501(C)(3) | 250000 | SONTAG TEACHER PRIZE & ACCELERATION ACADEMIES |
| MASS MENTORING PARTNERSHIP | |||||||
| 105 CHAUNCY STREET STE 300 | BOSTON | MA | 02111 | 223207958 | 501(C)(3) | 10000 | GENERAL OPERATING SUPPORT |
| MATCH SCHOOL FOUNDATION | |||||||
| 1001 COMMONWEALTH AVENUE | BOSTON | MA | 02215 | 043476160 | 501(C)(3) | 200000 | MATCH TEACHER RESIDENCY PROGRAM |
| MUSEUM OF SCIENCE | |||||||
| SCIENCE PARK | BOSTON | MA | 02114 | 042103916 | 501(C)(3) | 250000 | CAPITAL CAMPAIGN/ RENOVATIONS & EXPANSION |
| NATIONAL COUNCIL ON TEACHER QUALITY | |||||||
| 1420 NEW YORK AVENUE STE 800 | WASHINGTON DC | DC | 20005 | 043536571 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| NORTH BENNET STREET SCHOOL | |||||||
| 39 NORTH BENNET STREET | BOSTON | MA | 02113 | 042103830 | 501(C)(3) | 35000 | PROGRAM EXPANSION |
| ONE FAMILY INC | |||||||
| 186 SOUTH STREET 4TH FLOOR | BOSTON | MA | 02111 | 542076936 | 501(C)(3) | 12000 | ONE FAMILY SCHOLARS PROGRAM |
| PAPAL FOUNDATION (THE) | |||||||
| 150 MONUMENT ROAD STE 609 | BALA CYNWYD | PA | 19004 | 232511991 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| PARTNERS IN HEALTH | |||||||
| 641 HUNTINGTON AVENUE 1ST FLOOR | BOSTON | MA | 02115 | 043567502 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| PAUL REVERE MEMORIAL ASSOCIATION | |||||||
| 19 NORTH SQUARE | BOSTON | MA | 02113 | 042104820 | 501(C)(3) | 50000 | CAPITAL CAMPAIGN/ RENOVATIONS & EXPANSION |
| PHILANTHROPY ROUNDTABLE | |||||||
| 1150 17TH STREET NW STE 503 | WASHINGTON DC | DC | 20036 | 132943020 | 501(C)(3) | 30000 | GENERAL OPERATING SUPPORT/ PROGRAM EXPANSION |
| PIONEER INSTITUTE | |||||||
| 85 DEVONSHIRE STREET FL 8 | BOSTON | MA | 02109 | 222632081 | 501(C)(3) | 40000 | GENERAL OPERATING SUPPORT |
| POSSE FOUNDATION (BOSTON) | |||||||
| 45 FRANKLIN STREET 3RD FLOOR | BOSTON | MA | 02110 | 133840394 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| RAW ART WORKS | |||||||
| 37 CENTRAL SQUARE | LYNN | MA | 01901 | 222854850 | 501(C)(3) | 50000 | PROGRAM EXPANSION |
| REACH OUT AND READ | |||||||
| 56 ROLAND STREET SUITE 100D | BOSTON | MA | 02129 | 043481253 | 501(C)(3) | 10000 | GENERAL OPERATING SUPPORT |
| RED SOX FOUNDATION | |||||||
| 4 YAWKEY WAY | BOSTON | MA | 02215 | 331007984 | 501(C)(3) | 25000 | RED SOX SCHOLARS PROGRAM |
| RENEW INTERNATIONAL | |||||||
| 1232 GEORGE STREET | PLAINFIELD | NJ | 07062 | 223436711 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| ST JOHN THE BAPTIST SCHOOL | |||||||
| 19 CHESTNUT STREET | PEABODY | MA | 01960 | 042106293 | 501(C)(3) | 11100 | LYNCH SCHOLARS PROGRAM |
| ST MARY STAR OF THE SEA | |||||||
| 253 CABOT STREET | BEVERLY | MA | 01915 | 042172360 | 501(C)(3) | 6000 | LYNCH SCHOLARS PROGRAM |
| ST MARY'S WOMEN & CHILDREN'S CENTER | |||||||
| 90 CUSHING AVENUE | DORCHESTER | MA | 02125 | 043201844 | 501(C)(3) | 10000 | GENERAL OPERATING SUPPORT |
| ST PIUS V SCHOOL | |||||||
| 28 BOWLER STREET | LYNN | MA | 01904 | 042106368 | 501(C)(3) | 9420 | LYNCH SCHOLARS PROGRAM |
| SUMMER SEARCH BOSTON | |||||||
| 500 AMORY STREET | JAMAICA PLAIN | MA | 02130 | 680200138 | 501(C)(3) | 25000 | GENERAL OPERATING SUPPORT |
| TEACH FOR AMERICA | |||||||
| 60 CANAL STREET 3RD FLOOR | BOSTON | MA | 02114 | 133541913 | 501(C)(3) | 200000 | GENERAL OPERATING & PROGRAM EXPANSION |
| THE BOSTON FOUNDATION | |||||||
| 75 ARLINGTON STREET | BOSTON | MA | 02116 | 042104021 | 501(C)(3) | 150000 | 2REVOLUTIONS TECHNOLOGY PROJECT |
| UNIVERSITY OF MASSACHUSETTS - COLLEGE OF NURSING AND HEALTH SCIENCES | |||||||
| 100 MORRISSEY BOULEVARD | BOSTON | MA | 02125 | 046013152 | 501(C)(3) | 100000 | NURSING FELLOWSHIP PROGRAM |
| UNCOMMON SCHOOLS - ROXBURY PREPARATORY CHARTER SCHOOL FOUNDATION | |||||||
| 120 FISHER AVENUE | ROXBURY | MA | 02120 | 223850778 | 501(C)(3) | 250000 | CAPITAL CAMPAIGN & EXPANSION |
| WETA-THE BETTER ANGELS SOCIETY | |||||||
| PO BOX 613 | WALPOLE | NH | 03608 | 530242992 | 501(C)(3) | 250000 | VIETNAM DOCUMENTARY & PROGRAM EXPANSION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 51 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
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 REQUIRES GRANTEE PROGRESS REPORTS, WHICH ARE REVIEWED BY THE BOARD EVERY SIX MONTHS TO MONITOR THE GRANTEE'S PROGRESS AND COMPLIANCE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KATHRYN M EVERETT | NamePerson |
| Base Compensation Filing Org | 193727 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 62082 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 255809 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE PRESIDENT AND THE TREASURER OF THE FOUNDATION ARE MARRIED. | |
| FORM 990, PART VI, SECTION A, LINE 4 | THE LYNCH FOUNDATION WAS STRUCTURED FROM ITS INCEPTION TO QUALIFY AS A SUPPORTING ORGANIZATION DESCRIBED IN SECTION 509(A)(3). BY AN INSTRUMENT OF AMENDMENT EFFECTIVE DECEMBER 31, 2011 THE TRUSTEES UNANIMOUSLY AMENDED THE GOVERNING DOCUMENT OF THE FOUNDATION SUCH THAT IT NO LONGER MEETS THE REQUIREMENTS OF SECTION 509(A)(3). ACCORDINGLY, THIS 2011 FORM 990 WILL BE THE FINAL FORM 990 FILING OF THE FOUNDATION AND FOR 2012 FORWARD THE FOUNDATION WILL FILE A FORM 990-PF. SEE, REV. PROC. 2011-10 2.03. THE CHARITABLE PURPOSES OF THE FOUNDATION AND ITS TRUSTEES WERE NOT CHANGED, BUT THE POWER TO APPOINT TRUSTEES WAS CHANGED SUCH THAT DISQUALIFIED PERSONS ARE DEEMED TO HAVE CONTROL OVER THE FOUNDATION, WHICH FAILS THE REQUIREMENT OF SECTION 509(A)(3)(C). | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT AND FINANCE COMMITTEE REVIEW THE DRAFT 990 BEFORE FINAL SUBMISSION | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FOUNDATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ANNUAL SIGN-OFFS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | RESOURCES THAT EVALUATE SIMILAR POSITIONS AS THE EXECUTIVE DIRECTOR AND FINANCIAL ADVISORS OF FOUNDATIONS USING COUNCIL ON FOUNDATIONS BENEFITS REPORT AS WELL AS ASSOCIATION OF SMALL FOUNDATIONS REPORTS ARE UTILIZED BY THE COMPENSATION COMMITTEE TO REVIEW AND ESTABLISH SALARIES OF KEY EMPLOYEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | HISTORICALLY, NOT PROVIDED BUT WOULD IF ASKED. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -10,082,807. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | |
| FORM 990, SCHEDULE A, QUESTION 11I: | IN THE LYNCH FOUNDATION DECLARATION OF TRUST, THE FOUNDATION SUPPORTS FOUR CLASSES OF ORGANIZATIONS. (1) COLLEGES UNIVERSITIES, SECONDARY SCHOOLS AND OTHER HIGHER EDUCATION. TOTAL SUPPORT $3,589,020 (2)HOSPITALS, CLINICS AND MEDICAL RESEARCH ORGANIZATIONS. TOTAL SUPPORT $800,000 (3) MUSEUMS AND OTHER CULTURAL ORGANIZATIONS. TOTAL SUPPORT $730,000 (4)RELIGIOUS ORGANIZATIONS. TOTAL SUPPORT $135,000. ALL SUPPORTED ORGANIZATIONS MUST QUALIFY AS TAX EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND OPERATE PRIMARILY IN THE UNITED STATES. |