2011-08-03T12:45:13-05:00 2010-12-31 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2010-01-01 043280353 COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS INC COMM 5089968253 63 UNION STREET NEW BEDFORD MA 02740 CRAIG DUTRA 5089968253 2011-06-17 1 RICHARD B DIONNE 9784522500 2011-06-17 2010 2016-03-07 17:11:31Z CRAIG DUTRA 63 UNION STREET NEW BEDFORD MA 02740 18102288 0 X WWW.CFSEMA.ORG X 1995 MA THE MISSION OF THE COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS IS TO IMPROVE AND PROTECT THE QUALITY OF LIFE IN OUR REGION BY: PROMOTING COLLABORATION AND UNDERSTANDING AMONG ALL MEMBERS OF THE COMMUNITY; PROVIDING A FLEXIBLE PERMANENT VEHICLE FOR DONORS WITH DIVERSE INTERESTS; PROTECTING THE COMMUNITY'S ENDOWMENT THROUGH PRUDENT INVESTMENT AND EFFECTIVE STEWARDSHIP; EXPANDING THE COMMUNITY'S ENDOWMENT THROUGH APPROPRIATE SOLICITATION; AND ASCERTAINING COMMUNITY NEEDS AND OPPORTUNITIES AND ACTING AS AN INFORMED GRANTMAKER. 24 24 7 250 0 0 3032572 7135758 56182 75612 -1023958 1530702 1725 2528 2066521 8744600 1389420 1861314 0 0 324786 348318 0 0 336893 981111 956758 2695317 3166390 -628796 5578210 18039392 24799309 837191 1022633 17202201 23776676 X THE MISSION OF THE COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS IS TO IMPROVE AND PROTECT THE QUALITY OF LIFE IN OUR REGION BY: PROMOTING COLLABORATION AND UNDERSTANDING AMONG ALL MEMBERS OF THE COMMUNITY; PROVIDING A FLEXIBLE PERMANENT VEHICLE FOR DONORS WITH DIVERSE INTERESTS; PROTECTING THE COMMUNITY'S ENDOWMENT THROUGH PRUDENT INVESTMENT AND EFFECTIVE STEWARDSHIP; EXPANDING THE COMMUNITY'S ENDOWMENT THROUGH APPROPRIATE SOLICITATION; ASCERTAINING COMMUNITY NEEDS AND OPPORTUNITIES AND ACTING AS AN INFORMED GRANTMAKER. 0 0 2478053 1861314 75612 GRANT MAKING FOR COMMUNITY NEEDS. 2478053 1 1 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 75 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X X CRAIG DUTRA PRESIDENT 5089968253 63 UNION STREET NEW BEDFORD MA 02740 MS MARGHERITA BALDWIN 2.00 X 0 0 0 MR PETER C BOGLE ESQ 5.00 X X 0 0 0 MS LINDA BODENMANN 5.00 X X 0 0 0 MR SETH GARFIELD 2.00 X 0 0 0 MR PETER BULLARD ESQ 2.00 X 0 0 0 MR CARL J CRUZ 2.00 X 0 0 0 MS ELIZABETH ISHERWOOD 2.00 X 0 0 0 REV ROBERT LAWRENCE 2.00 X 0 0 0 MR THOMAS LYONS 10.00 X X 0 0 0 MS PRISCILLA DITCHFIELD 2.00 X 0 0 0 MS MARY LOUISE NUNES CPA 10.00 X X 0 0 0 MR PAUL DOWNEY 2.00 X 0 0 0 MR RICHARD LAFRANCE 2.00 X 0 0 0 ATTORNEY JUNE SMITH 2.00 X 0 0 0 SR KATHLEEN HARRINGTON 2.00 X 0 0 0 ALBERT E LEES III 2.00 X 0 0 0 MR RICHARD TOOMEY ESQ 2.00 X 0 0 0 ROBERT WARD ESQ 2.00 X 0 0 0 MS DEBORAH A MCLAUGHLIN 2.00 X 0 0 0 MS HANNAH MOORE 2.00 X 0 0 0 MR GEORGE OLIVEIRA 2.00 X 0 0 0 MR JAMES S HUGHES 2.00 X 0 0 0 MR ERIC H STRAND 2.00 X 0 0 0 MR EDWARD G SIEGAL CPA 2.00 X 0 0 0 MR CRAIG DUTRA 40.00 X 103612 0 14137 103612 0 14137 1 0 0 0 0 6960 100038 7028760 32000 7135758 WORKSHOP FEES 900099 67994 67994 ADMINISTRATIVE FEES 541610 7618 7618 75612 469898 469898 10393212 9332408 1060804 1060804 1060804 27808 100038 25280 2528 2528 8744600 75612 0 1533230 1861314 1861314 117749 52987 35325 29437 188208 106975 33896 47337 7729 4447 1505 1777 9820 5858 3794 168 24812 10190 8382 6240 10550 10550 85546 85546 289594 117956 115039 56599 44731 18372 15109 11250 69326 24091 31095 14140 25725 10565 8690 6470 36583 15024 12358 9201 41803 41803 69129 28391 23352 17386 12466 5120 4211 3135 6335 6335 EVENTS EXPENSES 217863 87145 130718 PROGRAM EXPENSES 41494 41494 PUBLICATIONS 2578 2578 DEVELOPMENT 1769 1769 PROMOTIONAL MATERIALS 1266 1266 3166390 2478053 351444 336893 472683 534060 1585293 1078482 340642 425053 8476 8389 122044 95216 23379 26828 15608919 22726497 18039392 24799309 49729 91322 109285 375 678177 930936 837191 1022633 X 14844258 21080034 1621696 1960395 736247 736247 17202201 23776676 18039392 24799309 X 5578210 996265 X 0 1 1 X 0 X 1594415 4152474 2787329 3032572 2906902 14473692 1594415 4152474 2787329 3032572 2906902 14473692 2047947 12425745 331349 398864 480320 412820 469898 2093251 16566943 253503 0.75000 0.73550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33 1719919 422820 3217280 1 1 14856980 3642866 2260823 636490 78166 20046013 12145062 810300 2812712 453729 305173 152192 14856980 16462436 637115 -4096650 632277 32267 193295 12145062 0.94940 0.03670 0.01390 0 0 14786 8772 6014 54123 49492 4631 53135 36952 16183 26828 FISCAL SPONSORSHIP FUNDS 110268 AGENCY ENDOWMENT FUNDS 820668 930936 8744600 3166390 5578210 1110829 -114564 996265 6574475 9649883 1110829 1110829 8539054 85546 120000 205546 8744600 3075408 0 3075408 85546 5436 90982 3166390 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE COMMUNITY OF SOUTHEASTERN MASSACHUSETTS INTENDS TO USE ENDOWMENT FUNDS FOR MAKING GRANT DISTRIBUTIONS TO OTHER AREA NON-PROFIT ORGANIZATIONS TO BE USED FOR THE GENERAL GOOD OF THE COMMUNITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "INCOME TAXES" REQUIRES THE FOUNDATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE FOUNDATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE FOUNDATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. PART XI, LINE 8 - OTHER ADJUSTMENTS: CONTRIBUTIONS RECEIVED & GRANTS DISBURSED BY AGENCY ENDOWMENTS -114,564. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS RECEIVED BY AGENCY ENDOWMENTS PART XIII, LINE 4B - OTHER ADJUSTMENTS: GRANT DISBURSEMENTS BY AGENCY ENDOWMENTS ROAD RACE 41843 41843 DINNER EVENT 86003 58195 27808 25280 127846 100038 27808 25280 25280 2528 1 NEW BEDFORD WHALING MUSEUM 18 JOHHNY CAKE HILL NEW BEDFORD MA 02740 042104805 501(C)3 138254 CHALLENGE GRANT AND GENERAL OPERATING EXPENSES. CATHOLIC SOCIAL SERVICES 1600 BAY STREET FALL RIVER MA 02724 042106394 501(C)3 49210 FUTURE EDUCATION, ADULT LEARNING, EARLY LITERACY, AND GENERAL OPERATING SUPPORT. JUNIOR ACHIEVEMENT OF SOUTHEASTERN MA 106 SPRING STREET NEW BEDFORD MA 02740 043193575 501(C)3 5000 GENERAL OPERATING SUPPORT. BOYS & GIRLS CLUB OF GREATER NEW BEDFORD INC 166 JENNEY STREET NEW BEDFORD MA 02740 042104752 501(C)3 28486 GENERAL OPERATING SUPPORT AND SECURITY CAMERA UPGRADE. CEREBRAL PALSY COUNCIL OF GREATER NEW BEDFORD INC ONE POSA PLACE NORTH DARTMOUTH MA 02747 042296947 501(C)3 10026 GENERAL OPERATING SUPPORT AND SECURITY UPGRADE. CHILD & FAMILY SERVICES 1061 PLEASENT STREET NEW BEDFORD MA 02740 042104754 501(C)3 10000 GENERAL OPERATING SUPPORT. YWCA OF SOUTHEASTERN MA 20 SOUTH SIXTH STREET NEW BEDFORD MA 02740 042104747 501(C)3 15000 DENNISON GIRLS EXLUSIVE PROGRAM AND PROGRAMING FOR GIRLS AND WOMEN. COALITION FOR BUZZARDS BAY 620 BELLEVILLE AVENUE NEW BEDFORD MA 02745 042971978 501(C)3 29500 GENEARL OPERATING SUPPORT AND LEADERSHIP/DOCENT PARTNERSHIP. COMMUNITY BOATING CENTER 1641 PADANARAM AVENUE NEW BEDFORD MA 02740 043401842 501(C)3 8000 GENERAL OPERATING SUPPORT, YWCA GIRLS SAILING PROGRAM, AND BUS TRANSPORTATION. COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SE MASS 181 HILLMAN STREET BUILDING 9 NEW BEDFORD MA 02740 043371170 501(C)3 23000 WORKFORCE DEVELOPMENT ORGANIZING AND ADVOCACY AND EMERGENCY ASSISTANCE. COMMUNITY NURSE & HOSPICE CARE INC 62 CENTRE STREET FAIRHAVEN MA 02719 042104019 501(C)3 7000 GENERAL OPERATING SUPPORT. DENNISON MEMORIAL COMMUNITY CENTER 755 FIRST STREET NEW BEDFORD MA 02740 042103806 501(C)3 20000 GENERAL OPERATING SUPPORT. GLOBAL LEARNING CHARTER SCHOOL 190 ASHLEY BLVD NEW BEDFORD MA 02746 412205240 137948 GENERAL OPERATING SUPPORT AND CAPITAL PROJECTS. GREATER NEW BEDFORD WORKFORCE INVESTMENT BOARD 227 UNION STREET SUITE 206 NEW BEDFORD MA 02740 043306335 501(C)3 10000 SUMMER EMPLOYMENT FOR YOUTH AT RISK. IMMIGRANTS' ASSISTANCE CENTER 58 CRAPO STREET NEW BEDFORD MA 02719 042530908 501(C)3 20000 ESOL CLASSES WITH CITIZENSHIP PREPARATION. TOWN OF GOSNOLD 28 TOWER HILL ROAD CUTTYHUNK MA 02713 11080 LAPTOP AND PROJECTOR PURCHASE AND DREDGING OF THE WEST END POND. UNITED INTERFAITH ACTION OF SOUTHEASTERN MA 160 ROCK STREET FALL RIVER MA 02720 311585685 501(C)3 12000 IMMIGRANT TRAINING AND ORGANIZING PROJECT. THE MARION INSTITUTE INC 202 SPRING STREET MARION MA 02738 043206583 501(C)3 39500 PROGRAM INITIATIVES NATIVITY PREPARATORY SCHOOL OF NEW BEDFORD 66 SPRING STREET NEW BEDFORD MA 02740 043501206 501(C)3 18500 GENERAL OPERATING SUPPORT AND HOLIDAY PARTY SUPPORT. NEW BEDFORD OCEANARIUM CORPORATION PO BOX 1906 NEW BEDFORD MA 02741 043205211 501(C)3 21000 GENERAL OPERATING SUPPORT, YWCA GIRLS STEM LESSONS, AND WOMEN IN SCIENCE PROGRAM. NEW BEDFORD PUBLIC SCHOOLS 455 COUNTY STREET NEW BEDFORD MA 02740 046001402 132500 EXTENDED DAY PROGRAM NORTHSTAR LEARNING CENTER 63 LINDEN STREET NEW BEDFORD MA 02719 510200575 501(C)3 23530 OPERATING EXPENSES, ANNUAL APPEAL, AND FUNDING FOR PROGRAM STAFF. BRISTOL COMMUNITY COLLEGE FOUNDATION 777 ELSBREE STREET FALL RIVER MA 02720 042707491 501(C)3 25000 ACCESSING THE WORKPLACE: A BILINGUAL CERTIFICATE PROGRAM MASSACHUSETTS IMMIRGRANT & REFUGEE ADVOCACY COALITION INC 105 CHAUNCY STREET SUITE 901 BOSTON MA 02111 223115048 501(C)3 10000 ENGLISH WORKS/NEW BEDFORD CAMPAIGN SALVATION ARMY OF NEW BEDFORD 147 BERKELEY STREET BOSTON MA 02116 501(C)3 12500 GENERAL OPERATING EXPENSES AND ON-SITE FEEDING PROGRAM. PAACA PO BOX 6730 NEW BEDFORD MA 02740 042791362 501(C)3 5500 YOUTH SUMMIT AND PROJECT CARE. PACE INC 166 WILLIAMS STREET NEW BEDFORD MA 02740 042777810 501(C)3 16000 YOUTHBUILD FOOD EXPENSES AND LIFELINE PROGRAM. SMILES PO BOX 1712 NEW BEDFORD MA 02741 205177577 501(C)3 61500 GENERAL OPERATING SUPPORT AND ONLINE AUCTION. SOUTHCOAST HEALTH SYSTEMS 101 PAGE STREET NEW BEDFORD MA 02741 042769210 501(C)3 25000 GENERAL OPERATING SUPPORT FOR TOBEY AND ST. LUKE'S HOSPITALS. OUR SISTERS' SCHOOL INC 145 BROWNELL AVENUE NEW BEDFORD MA 02740 260367118 501(C)3 32000 GENERAL OPERATING SUPPORT AND ONE-YEAR SCHOLARSHIP. TOWN OF MARION 2 SPRING STREET MARION MA 02738 5891 ANNUAL APPEAL. REACH OUT AND READ 56 ROLAND STREET SUITE 100D BOSTON MA 02129 043481253 501(C)3 10000 GENERAL OPERATING SUPPORT. UMASS DARTMOUTH URBAN INITIATIVE 285 OLD WESTPORT ROAD NORTH DARTMOUTH MA 02747 237336988 501(C)3 12000 TO FUND A PARTNERSHIP WITH NEW BEDFORD PUBLIC SCHOOLS TO REDUCE THE DROPOUT RATES. UMASS DARTMOUTH FOUNDATION 285 OLD WESTPORT ROAD NORTH DARTMOUTH MA 02747 237336988 501(C)3 62500 SUPPORT FOR THE OCEAN EXPLORIUM, AND WOMEN'S STUDIES MAJOR SCHOLARSHIP FUND. CHILDREN'S ADVOCACY CENTER OF BRISTOL COUNTY INC 139 SOUTH MAIN STREET FALL RIVER MA 02721 043135548 501(C)3 10392 2010 OKTOBERFEST BENEFICIARY UNITED WAY OF GREATER NEW BEDFORD 105 WILLIAM STREET NEW BEDFORD MA 02740 042104264 501(C)3 91000 GENERAL OPERATING AND PROGRAM SUPPORT. YMCA SOUTHCOAST 25 SOUTH WATER STREET NEW BEDFORD MA 02740 042104749 501(C)3 19038 GENERAL OPERATING SUPPORT AND "SHARE THE HARVEST. ZEITERION THEATRE INC 684 PURCHASE STRET NEW BEDFORD MA 02740 042845276 501(C)3 20500 GENERAL OPERATING SUPPORT AND EDUCATIONAL PROGRAMMING FOR YOUNG WOMEN. GIFTS TO GIVE INC 190 OLD DERBY STREET NO 100 HINGHAM MA 02043 262475885 501(C)3 12500 GENERAL OPERATING SUPPORT AND FEARONS FAMILY POLE SCHOLARSHIP FRIENDLY SONS OF ST PATRICK PO BOX 4021 NEW BEDFORD MA 02741 042691061 501(C)3 91073 TURKEY DRIVE FUNDRAISER AND FINAL DISTRIUBTION. CITY OF NEW BEDFORD - SEA LAB 8560 32 LEWIS TEMPLE SEA LAB SCHOLARSHIPS FONKOZE USA 50 F STREET WASHINGTON DC 20001 522022113 501(C)3 10000 STAIRWAY OUT OF POVERTY BENEFIT 42 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL GRANTEES ARE REQUIRED TO SUBMIT REPORTS TO THE FOUNDATION AT THE END OF THE GRANT CYCLE. GRANTEES WHO ARE RECIPIENTS OF DISCRETIONARY GRANTS RECEIVE ADDITIONAL REVIEW INCLUDING SUBMISSION OF MID-TERM PROGRESS REPORTS, SITE VISITS AND EVALUATIONS WHICH VARY ACCORDING TO TYPE OF GRANT. X 3 12241 QUOTED STOCK PRICE X VARIOUS PROGRAM SUPPLIES 10 19759 QUOTED PRICE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 FIVE DIRECTORS SERVE AS DIRECTORS OF BANKFIVE, TWO OF WHICH ARE ALSO OFFICERS OF THE BANK. FORM 990, PART VI, SECTION B, LINE 11 ANNUALLY, THE FINANCE AND AUDIT COMMITTEE MEETS WITH THE INDEPENDENT AUDITOR TO REVIEW AND APPROVE THE SUBMISSION OF THE FORM 990. PRIOR TO SUBMISSION, THE TREASURER ALSO PRESENTS A SUMMARY OF THE ANNUAL AUDIT, RELATED FINDINGS AND THE FORM 990 TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT WAS UPDATED AND ADOPTED AS PART OF A COMPREHENSIVE POLICIES FOR BUSINESS CONDUCT IN DECEMBER 2008. CFSEMA REQUIRES ANNUAL SUBMISSIONS OF BOARD AND BUSINESS AFFILIATIONS. IN ADDITION, BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICT OF INTEREST DURING MEETINGS WHICH ARE SUBSEQUENTLY NOTED IN THE MINUTES FOR THOSE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD CHAIR LEADS THE REVIEW AND COMPENSATION RECOMMENDATIONS FOR THE PRESIDENT AND CEO. THAT REVIEW INCLUDES A WRITTEN EVALUATION BASED ON WRITTEN INPUT FROM BOARD MEMBERS. DURING THAT PROCESS, THE CHAIR ALSO REVIEWS COMPARATIVE COMPENSATION OF OTHER CEOS OF SIMILAR ORGANIZATIONS IN THE REGION. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR COMPLETING THE ANNUAL REVIEW AND PRESENTING ITS FINDINGS AND COMPENSATION RECOMMENDATIONS TO THE FULL BOARD TO VOTE ON. FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE AVAILABLE ON THE FOUNDATION'S WEB SITE, ON GUIDESTAR AND UPON REQUEST AT THE FOUNDATION'S OFFICES. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE ON REQUEST AT THE FOUNDATION'S OFFICES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,110,829. CONTRIBUTIONS RECEIVED & GRANTS DISBURSED BY AGENCY ENDOWMENTS -114,564. TOTAL TO FORM 990, PART XI, LINE 5: 996,265.