2012-08-15T14:52:38-05:00 2011-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2011-01-01 043017940 THE LYNCH FOUNDATION LYNC 6174572028 280 CONGRESS STREET SUITE 1300 BOSTON MA 02110 KATHRYN EVERETT 6174572028 2012-08-13 1 DAVID KELLEHER CPA P01059560 5083669100 2011 2016-02-24 21:20:13Z KATHRYN EVERETT 280 CONGRESS STREET SUITE 1300 BOSTON MA 02110 212214110 0 X THELYNCHFOUNDATION.ORG X 1988 MA 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. 7 7 3 0 0 0 0 0 0 0 14166315 1537704 0 0 14166315 1537704 6191195 5254020 0 0 397898 443399 0 0 0 616882 936268 7205975 6633687 6960340 -5095983 98674934 83498671 5346 7873 98669588 83490798 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. 0 0 5450236 5254020 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. 5450236 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 3 1 0 0 0 0 0 0 0 0 X 7 7 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X KATHRYN EVERETT EXECUTIVE DIRECTOR 6174572028 280 CONGRESS STREET SUITE 1300 BOSTON MA 02110 CAROLYN A LYNCH 1.00 X X 0 0 0 PETER S LYNCH 1.00 X X 0 0 0 J FREDERICK BUSH 1.00 X X 0 0 0 NANCY A COOLIDGE 1.00 X 0 0 0 RICHARD SPILLANE 1.00 X 0 0 0 RALPH C SWEETLAND MD 1.00 X 0 0 0 MARSHA HELMSTADTER 1.00 X 0 0 0 KATHRYN M EVERETT 40.00 X 193727 0 62082 DAVID BADEAU 20.00 X 109808 0 15254 303535 0 77336 2 0 1 0 GOLDMAN SACHS 85 BROAD STREET NEW YORK NY 10004 INVESTMENT ADVISOR 586102 1 739961 739961 211474149 210676406 797743 797743 797743 1537704 0 0 1537704 5254020 5254020 255809 127904 127905 150758 12945 137813 12750 12750 2504 2504 21578 6878 14700 155748 155748 977 977 43214 43214 588267 588267 1699 1699 29092 29092 40000 20000 20000 26469 13235 13234 DONEE SUPPORT 45718 45718 MEMBERSHIPS 3864 3864 MISCELLANEOUS 693 693 FOREIGN TAXES 527 527 6633687 5450236 1183451 0 4091324 6438745 213911 7021 5413 90665437 72455159 3911152 4385443 98674934 83498671 5346 7873 5346 7873 X 98669588 83490798 98669588 83490798 98674934 83498671 X -5095983 -10082807 X X 0 1 1 X 0 X X X 0 0 0 SEE ATTACHED 133541913 SEE ATTACHED 1 1 1 5254020 1 5254020 0 PRIVATE EQUITY INVESTMENTS 4385443 F 4385443 1537704 6633687 -5095983 -10082807 -10082807 -15178790 -8545103 -10082807 -10082807 1537704 0 1537704 6633687 0 6633687 0 6633687 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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. 1 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 51 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: 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. X X X 0 0 0 0 0 0 0 0 0 KATHRYN M EVERETT 193727 0 0 0 0 0 0 0 62082 0 255809 0 0 0 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -10,082,807. 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.