Instrumentl eFile Render
Object ID: 202133199349102068 - Rendered 2024-12-22
TIN: 04-6836735
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
20
Open to Public Inspection
For calendar year 2020, or tax year beginning
01-01-2020
, and ending
12-31-2020
Name of foundation
ONE8 FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
177 HUNTINGTON AVENUE NO 1500
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON
,
MA
02115
A Employer identification number
04-6836735
B
Telephone number (see instructions)
(857) 202-6250
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
721,465,951
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
13,000,000
2
Check
.............
3
Interest on savings and temporary cash investments
1,274
1,274
4
Dividends and interest from securities
...
4,387,924
4,190,884
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
14,890,121
b
Gross sales price for all assets on line 6a
39,398,793
7
Capital gain net income (from Part IV, line 2)
...
14,818,289
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
32,279,319
19,010,447
13
Compensation of officers, directors, trustees, etc.
0
0
0
14
Other employee salaries and wages
......
2,272,722
0
2,272,722
15
Pension plans, employee benefits
.......
456,409
0
456,409
16a
Legal fees (attach schedule)
.........
55,911
0
55,911
b
Accounting fees (attach schedule)
.......
94,015
0
94,015
c
Other professional fees (attach schedule)
....
3,064,360
2,347,817
716,543
17
Interest
...............
816,104
811,183
0
18
Taxes (attach schedule) (see instructions)
...
287,622
88,327
0
19
Depreciation (attach schedule) and depletion
...
54,085
0
20
Occupancy
..............
428,314
0
428,314
21
Travel, conferences, and meetings
.......
103,016
0
103,016
22
Printing and publications
..........
4,520
0
4,520
23
Other expenses (attach schedule)
.......
1,680,954
1,029,098
241,752
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
9,318,032
4,276,425
4,373,202
25
Contributions, gifts, grants paid
.......
36,143,324
36,143,324
26
Total expenses and disbursements.
Add lines 24 and 25
45,461,356
4,276,425
40,516,526
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-13,182,037
b
Net investment income
(if negative, enter -0-)
14,734,022
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2020)
Form 990-PF (2020)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
4,547,360
3,061,561
3,061,561
2
Savings and temporary cash investments
.........
75,170,975
13,859,766
13,859,766
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
224,182,195
11,352,712
11,352,712
b
Investments—corporate stock (attach schedule)
.......
19,669,509
6,749,996
7,926,161
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
177,497,155
453,178,493
684,704,229
14
Land, buildings, and equipment: basis
487,398
Less: accumulated depreciation (attach schedule)
165,699
375,784
321,699
321,399
15
Other assets (describe
)
526,615
240,123
240,123
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
501,969,593
488,764,350
721,465,951
17
Accounts payable and accrued expenses
..........
42,800
19,594
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
42,800
19,594
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
501,926,793
488,744,756
29
Total net assets or fund balances
(see instructions)
.....
501,926,793
488,744,756
30
Total liabilities and net assets/fund balances
(see instructions)
.
501,969,593
488,764,350
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
501,926,793
2
Enter amount from Part I, line 27a
.....................
2
-13,182,037
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
488,744,756
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
488,744,756
Form
990-PF
(2020)
Form 990-PF (2020)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
CAPITAL GAINS FROM FLOW-THROUGH INVESTMENTS
P
2019-12-31
2020-12-31
b
UBI CAPITAL GAINS FROM FLOW-THROUGH INVESTMENTS
P
2019-12-31
2020-12-31
c
DISTRIBUTIONS IN EXCESS OF BASIS --HUTENSKY
P
2019-12-31
2020-12-31
d
OPTIONS HELD IN BROKERAGE ACCOUNTS
P
2019-12-31
2020-12-31
e
PUBLICLY TRADED SECURITIES HELD IN BROKERAGE ACCOUNTS
P
2019-12-31
2020-12-31
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
26,383,732
26,383,732
b
71,832
71,832
0
c
26,858
26,858
d
2,761,796
2,761,796
e
14,354,097
-14,354,097
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
26,383,732
b
0
c
26,858
d
2,761,796
e
-14,354,097
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
14,818,289
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1
Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved
...........................
2
3
Reserved
...........................
3
4
Reserved
...........................
4
5
Reserved
...........................
5
6
Reserved
...........................
6
7
Reserved
...........................
7
8
Reserved
,..........................
8
Form
990-PF
(2020)
Form 990-PF (2020)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Reserved
................................
1
204,803
c
All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
204,803
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
204,803
6
Credits/Payments:
a
2020 estimated tax payments and 2019 overpayment credited to 2020
6a
245,476
b
Exempt foreign organizations—tax withheld at source
......
6b
0
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
100,000
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
345,476
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
140,673
11
Enter the amount of line 10 to be:
Credited to 2021 estimated tax
140,673
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
Yes
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
Yes
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
MA
,
CA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2020)
Form 990-PF (2020)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
WWW.ONE8.ORG
14
The books are in care of
THE ORGANIZATION
Telephone no.
(857) 202-6250
Located at
177 HUNTINGTON AVE SUITE 1500
BOSTON
MA
ZIP+4
02115
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2020?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2020?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2020 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2020.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
4b
No
Form
990-PF
(2020)
Form 990-PF (2020)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
No
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
JONATHON JACOBSON
TRUSTEE
5.00
0
0
0
C/O ONE8 FOUNDATION 177 HUNTINGTON
AVENUE FLOOR 15
BOSTON
,
MA
02115
JOANNA JACOBSON
PRESIDENT AND TRUSTEE
40.00
0
0
0
C/O ONE8 FOUNDATION 177 HUNTINGTON
AVENUE FLOOR 15
BOSTON
,
MA
02115
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
VANESSA LIPSCHITZ
DIRECTOR, EDUCATION
40.00
265,660
26,910
4,200
C/O ONE8 FOUNDATION 177 HUNTINGTON
STE 1500
BOSTON
,
MA
02115
KARYN COHEN
DIRECTOR, JEWISH LIF
40.00
241,928
26,655
4,200
C/O ONE8 FOUNDATION 177 HUNTINGTON
STE 1500
BOSTON
,
MA
02115
KATHERINE SKRIVAN
DIRECTOR, MA STEM HU
40.00
193,631
7,445
4,200
C/O ONE8 FOUNDATION 177 HUNTINGTON
STE 1500
BOSTON
,
MA
02115
ASHWIN RAJENDRA
SR. PORTFOLIO MANAGE
40.00
183,980
7,946
960
C/O ONE8 FOUNDATION 177 HUNTINGTON
STE 1500
BOSTON
,
MA
02115
NADINE ABRAHAM
PORTFOLIO MANAGER
40.00
151,161
19,864
960
C/O ONE8 FOUNDATION 177 HUNTINGTON
STE 1500
BOSTON
,
MA
02115
Total
number of other employees paid over $50,000
...................
10
Form
990-PF
(2020)
Form 990-PF (2020)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
CLARENDON GROUP
COMMUNICATIONS
103,400
110 EAST 71ST STREET
NEW YORK
,
NY
10021
RSM US LLP
BOOKKEEPING SERVICES
63,015
80 CITY SQUARE
BOSTON
,
MA
02129
ARKUS INC
TECHNOLOGY/DATABASE CONSULTING
60,206
10 TIMES SQUARE 6TH FLOOR
NEW YORK
,
NY
10018
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
MASS STEM HUB IS A PROGRAM OF THE ONE8 FOUNDATION WITH THE MISSION TO PROVIDE SCHOOLS WITH DEEPLY SUPPORTED ACCESS TO HIGH QUALITY SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) IN SCHOOL PROGRAMMING THAT ENGAGES STUDENTS AND DEVELOPS 21ST CENTURY SKILLS. MASS STEM HUB PROVIDES SUPPORT AND TRAINING TO TEACHERS AND SCHOOLS AND CREATES AND MANAGES STUDENT STEM EVENTS FOR SCHOOLS IN THE COMMONWEALTH.
1,091,230
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2020)
Form 990-PF (2020)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
64,600,401
b
Average of monthly cash balances
.......................
1b
82,939,023
c
Fair market value of all other assets (see instructions)
................
1c
400,114,203
d
Total
(add lines 1a, b, and c)
.........................
1d
547,653,627
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
547,653,627
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
8,214,804
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
539,438,823
6
Minimum investment return.
Enter 5% of line 5
..................
6
26,971,941
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
26,971,941
2a
Tax on investment income for 2020 from Part VI, line 5
......
2a
204,803
b
Income tax for 2020. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
204,803
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
26,767,138
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
26,767,138
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
26,767,138
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
40,516,526
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
40,516,526
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
40,516,526
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2020)
Form 990-PF (2020)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2019
(c)
2019
(d)
2020
1
Distributable amount for 2020 from Part XI, line 7
26,767,138
2
Undistributed income, if any, as of the end of 2020:
a
Enter amount for 2019 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2020:
a
From 2015
......
3,796,135
b
From 2016
......
5,083,594
c
From 2017
......
3,713,752
d
From 2018
......
9,224,685
e
From 2019
......
8,141,605
f
Total
of lines 3a through e
........
29,959,771
4
Qualifying distributions for 2020 from Part
XII, line 4:
$
40,516,526
a
Applied to 2019, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2020 distributable amount
.....
26,767,138
e
Remaining amount distributed out of corpus
13,749,388
5
Excess distributions carryover applied to 2020.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
43,709,159
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2019. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2020. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2021
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
13,000,000
8
Excess distributions carryover from 2015 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2021.
Subtract lines 7 and 8 from line 6a
......
30,709,159
10
Analysis of line 9:
a
Excess from 2016
....
b
Excess from 2017
....
c
Excess from 2018
....
8,818,166
d
Excess from 2019
....
8,141,605
e
Excess from 2020
....
13,749,388
Form
990-PF
(2020)
Form 990-PF (2020)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2020
(b)
2019
(c)
2018
(d)
2017
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
JONATHON JACOBSON
JOANNA JACOBSON
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2020)
Form 990-PF (2020)
Page
11
Part XV
Supplementary Information
(continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
18DOORS
PO BOX 428
NEWTON
,
MA
02464
NONE
PC
COMMUNITY
100,000
AFSNC INC
40 WEST 57TH STREET 26TH FLOOR
NEW YORK
,
NY
10019
NONE
PC
GLOBAL
5,145
AJEEC-NISPED
5 YEHUDA HANAHTOM
BEER SHEVA
IS
NONE
PC-(FOREIGN EQUIVALE
GLOBAL
80,000
ALMA DEL MAR FOUNDATION INC
515 BELLEVILLE AVENUE
NEW BEDFORD
,
MA
02746
NONE
PC
EDUCATION
25,000
ALS THERAPY DEVELOPMENT FOUNDATION INC
300 TECHNOLOGY SQUARE SUITE 400
CAMBRIDGE
,
MA
02139
NONE
PC
HEALTH & HUMAN SERVICES
1,000
AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE INC
633 THIRD AVENUE
NEW YORK
,
NY
10017
NONE
PC
HEALTH & HUMAN SERVICES
50,000
AMERICAN FRIENDS OF JORDAN RIVER VILLAGE FOUNDATION
244 MADISON AVENUE SUITE 482
NEW YORK
,
NY
10016
NONE
PC
GLOBAL
10,000
AMERICAN FRIENDS OF LEKET ISRAEL INC
PO BOX 2090
TEANECK
,
NJ
07666
NONE
PC
GLOBAL
100,000
AMERICAN FRIENDS OF LIBI INC
45 BARTLETT CRESCENT ROAD
BROOKLINE
,
MA
02446
NONE
PC
GLOBAL
25,000
AMERICAN FRIENDS OF MAOZ-SEAL INC
29 MERRILL ROAD
NEWTON
,
MA
02459
NONE
PC
GLOBAL
1,522,468
AMERICAN FRIENDS OF TEL AVIV UNIVERSITY (AFTAU)
39 BROADWAY SUITE 1510
NEW YORK
,
NY
10006
NONE
PC
GLOBAL
350,000
AMERICAN FRIENDS OF YAHAD IN UNUM INC
25 W 45TH STREET SUITE 1405
NEW YORK
,
NY
10036
NONE
PC
GLOBAL
25,000
AMERICAN ISRAEL EDUCATION FOUNDATION INC
251 H STREET NW
WASHINGTON
,
DC
20001
NONE
PC
GLOBAL
1,300,000
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC
220 EAST 42ND STREET SUITE 400
NEW YORK
,
NY
10117
NONE
PC
GLOBAL
210,000
AMERICAN SOCIETY FOR YAD VASHEM INC
500 5TH AVENUE 42ND FLOOR
NEW YORK
,
NY
10110
NONE
PC
GLOBAL
40,000
AMUTAT HAMOVILIM LEMADA AND TECHNOLOGY
PO BOX 290
TAMRA
IS
NONE
PC-(FOREIGN EQUIVALE
GLOBAL
25,000
ANTI-DEFAMATION LEAGUE
40 COURT STREET
BOSTON
,
MA
02108
NONE
PC
COMMUNITY
180,000
ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE INC
101 WEST MOUNT ROYAL AVENUE
BALTIMORE
,
MD
21201
NONE
PC
COMMUNITY
25,000
BALTIMORE NEXT GENERATION INVESTING EVENT INC
35 WARRENTON ROAD
BALTIMORE
,
MD
21210
NONE
PC
COMMUNITY
25,000
BELMONT HILL SCHOOL INC
350 PROSPECT STREET
BELMONT
,
MA
02478
NONE
PC
EDUCATION
333,335
BETH ISRAEL DEACONESS MEDICAL CENTER INC
330 BROOKLINE AVENUE
BOSTON
,
MA
02215
NONE
PC
HEALTH & HUMAN SERVICES
100,000
BIG BROTHERS BIG SISTERS OF MASSACHUSETTS BAY INC
75 FEDERAL STREET 5TH FLOOR
BOSTON
,
MA
02110
NONE
PC
YOUTH DEVELOPMENT
500,000
BOSTON CHARITABLE TRUST FUND
CITY OF BOSTON TREASURY DEPARTMENT
ROOM M5
BOSTON
,
MA
02201
NONE
PC
COMMUNITY
250,000
BOSTON COLLEGE TRUSTEES
140 COMMONWEALTH AVENUE
CHESTNUT HILL
,
MA
02467
NONE
PC
EDUCATION
19,000
BOSTON COLLEGIATE CHARTER SCHOOL FOUNDATION INC
215 SYDNEY STREET
DORCHESTER
,
MA
02125
NONE
PC
EDUCATION
25,000
BOSTON FOUNDATION INC
75 ARLINGTON STREET 3RD FLOOR
BOSTON
,
MA
02116
NONE
PC
COMMUNITY
1,925,000
BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM INC
780 ALBANY STREET
BOSTON
,
MA
02118
NONE
PC
HEALTH & HUMAN SERVICES
50,000
BOSTON MEDICAL CENTER CORPORATION
801 MASSACHUSETTS AVENUE 1ST FLOOR
BOSTON
,
MA
02118
NONE
PC
HEALTH & HUMAN SERVICES
400,000
BOSTON UNIVERSITY HILLEL
213 BAY STATE ROAD
BOSTON
,
MA
02215
NONE
PC
COMMUNITY
25,000
BOYS & GIRLS CLUBS OF BOSTON INC
200 HIGH STREET 3RD FLOOR
BOSTON
,
MA
02110
NONE
PC
YOUTH DEVELOPMENT
250,000
BRANDEIS UNIVERSITY
415 SOUTH STREET MS 100
WALTHAM
,
MA
02454
NONE
PC
EDUCATION
33,400
BRIDGE OVER TROUBLED WATERS INC
47 WEST STREET
BOSTON
,
MA
02111
NONE
PC
COMMUNITY
25,000
BRIGHAM AND WOMEN'S HOSPITAL INC
75 FRANCIS STREET
BOSTON
,
MA
02115
NONE
PC
HEALTH & HUMAN SERVICES
672,000
BROOKE SCHOOL FOUNDATION
190 CUMMINS HIGHWAY
ROSLINDALE
,
MA
02131
NONE
PC
EDUCATION
25,000
BROTHERS FOR LIFE
270 SOUTH HANFORD STREET SUITE 207
SEATTLE
,
WA
98134
NONE
PC
GLOBAL
50,000
BROWN UNIVERSITY OF PROVIDENCE
164 ANGELL STREET BOX 1877
PROVIDENCE
,
RI
02912
NONE
PC
EDUCATION
291,550
BUCK INSTITUTE FOR EDUCATION
3 HAMILTON LANDING SUITE 220
NOVATO
,
CA
94949
NONE
PC
EDUCATION
510,000
BUSINESS EXECUTIVES FOR NATIONAL SECURITY
1030 15TH STREET NW SUITE 200 EAST
WASHINGTON
,
DC
20005
NONE
PC
COMMUNITY
25,000
CATHOLIC SCHOOLS FOUNDATION INC
67 BATTERYMARCH STREET 6TH FLOOR
BOSTON
,
MA
02110
NONE
PC
EDUCATION
25,000
CHILDREN'S HOSPITAL CORPORATION
401 PARK DRIVE SUITE 602
BOSTON
,
MA
02215
NONE
PC
HEALTH & HUMAN SERVICES
100,000
CITY OF MELROSE
572 MAIN STREET
MELROSE
,
MA
02176
NONE
GOV
COMMUNITY
10,000
COACHING FOR CHANGE INC
75 AMORY STREET 3RD FLOOR
BOSTON
,
MA
02119
NONE
PC
YOUTH DEVELOPMENT
10,000
COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC
126 HIGH STREET
BOSTON
,
MA
02110
NONE
PC
COMMUNITY
1,600,000
COMMUNITY FOUNDATION FOR NANTUCKET
PO BOX 204
NANTUCKET
,
MA
02554
NONE
PC
COMMUNITY
25,000
COMMUNITY SERVINGS INC
18 MARBURY TERRACE
JAMAICA PLAIN
,
MA
02130
NONE
PC
COMMUNITY
36,000
CRADLES TO CRAYONS INC
155 NORTH BEACON STREET
BRIGHTON
,
MA
02135
NONE
PC
COMMUNITY
10,000
CROSSROADS FOR KIDS INC
119 MYRTLE STREET
DUXBURY
,
MA
02332
NONE
PC
COMMUNITY
10,000
CYSTIC FIBROSIS FOUNDATION
220 NORTH MAIN STREET SUITE 104
NATICK
,
MA
01760
NONE
PC
HEALTH & HUMAN SERVICES
25,000
DANA FARBER CANCER INSTITUTE
44 BINNEY STREET
BOSTON
,
MA
02115
NONE
PC
HEALTH & HUMAN SERVICES
50,000
DESIGN PLATFORM
5528 LOYOLA AVENUE
NEW ORLEANS
,
LA
70115
NONE
PC
COMMUNITY
115,000
ESPLANADE ASSOCIATION INC
376 BOYLSTON STREET SUITE 503
BOSTON
,
MA
02116
NONE
PC
COMMUNITY
15,000
EVANS SCHOLARS FOUNDATION
1 BRIAR ROAD
GOLF
,
IL
60029
NONE
PC
YOUTH DEVELOPMENT
100,000
FACING HISTORY AND OURSELVES INC
16 HURD ROAD
BROOKLINE
,
MA
02445
NONE
PC
EDUCATION
25,000
FII - NATIONAL
1201 MARTIN LUTHER KING JR WAY
SUITE 100
OAKLAND
,
CA
94612
NONE
PC
COMMUNITY
10,000
FOSTER AMERICA
PO BOX 29907
SAN FRANCISCO
,
CA
94129
NONE
PC
HEALTH & HUMAN SERVICES
50,000
FOUNDATION FOR THE DEFENSE OF DEMOCRACIES INC
PO BOX 33249
WASHINGTON
,
DC
20033
NONE
PC
GLOBAL
25,000
FRIENDS OF ETHIOPIAN JEWS INC
PO BOX 960059
BOSTON
,
MA
02196
NONE
PC
GLOBAL
75,000
FRIENDS OF EXCEL ACADEMY INC
58 MOORE STREET
EAST BOSTON
,
MA
02128
NONE
PC
EDUCATION
25,000
FRIENDS OF VERITAS PREPARATORY CHARTER SCHOOL INC
370 PINE STREET
SPRINGFIELD
,
MA
01105
NONE
PC
EDUCATION
25,000
GILMAN SCHOOL INC
5407 ROLAND AVENUE
BALTIMORE
,
MD
21210
NONE
PC
EDUCATION
125,000
HAROLD GRINSPOON FOUNDATION
67 HUNT STREET SUITE 100
AGAWAM
,
MA
01001
NONE
SO1
COMMUNITY
200,000
HARVARD GRADUATE SCHOOL OF EDUCATION
13 APPIAN WAY LONGFELLOW G003
CAMBRIDGE
,
MA
02138
NONE
PC
EDUCATION
13,566
HARVARD HILLEL
52 MOUNT AUBURN STREET
CAMBRIDGE
,
MA
02138
NONE
PC
COMMUNITY
151,000
HARVARD UNIVERSITY
SOLDIERS FIELD TEELE HALL
BOSTON
,
MA
02163
NONE
PC
EDUCATION
50,000
HASOUB - HA AMUTA FOR PROMOTING ENTREPRENEURSHIP AND TECHNOLOGY IN THE ARAB
PO BOX 399
KFAR KARA
3007500
IS
NONE
PC-(FOREIGN EQUIVALE
GLOBAL
50,000
HEBREW SENIORLIFE INC
1200 CENTRE STREET
BOSTON
,
MA
02131
NONE
PC
COMMUNITY
25,000
HONEYMOON ISRAEL FOUNDATION INC
6070 WHITEGATE CROSSING
EAST AMHERST
,
NY
14051
NONE
PC
COMMUNITY
3,000,000
HORIZONS FOR HOMELESS CHILDREN INC
1705 COLUMBUS AVENUE
ROXBURY
,
MA
02119
NONE
PC
COMMUNITY
25,000
HOSPICE FOUNDATION OF AMERICA INC
1707 L STREET NW
WASHINGTON
,
DC
20036
NONE
PC
COMMUNITY
1,000
IMPACTISRAEL INC
4340 EAST-WEST HIGHWAY SUITE 202
BETHESDA
,
MD
20814
NONE
PC
GLOBAL
150,000
ISRAEL ON CAMPUS COALITION
734 15TH STREET NW SUITE 600
WASHINGTON
,
DC
20005
NONE
PC
GLOBAL
150,000
ISRAEL-AMERICA ACADEMIC EXCHANGE
8383 WILSHIRE BOULEVARD SUITE 400
BEVERLY HILLS
,
CA
90211
NONE
PC
GLOBAL
300,000
ISRAELI-AMERICAN COUNCIL
5900 CANOGA AVENUE SUITE 390
WOODLAND HILLS
,
CA
91367
NONE
PC
GLOBAL
62,000
ITREK
1460 BROADWAY
NEW YORK
,
NY
10036
NONE
PC
GLOBAL
565,000
JEWISH AGENCY FOR ISRAEL-NORTH AMERICAN COUNCIL
633 3RD AVENUE 21ST FLOOR SUITE C
NEW YORK
,
NY
10017
NONE
PC
GLOBAL
250,000
JEWISH BIG BROTHER AND BIG SISTER ASSN OF GR BOSTON ENDOWMENT FUND
333 NAHANTON STREET
NEWTON
,
MA
02459
NONE
PC
COMMUNITY
10,000
JEWISH COMMUNITY CENTER OF GREATER BOSTON INC
333 NAHANTON STREET
NEWTON
,
MA
02459
NONE
PC
COMMUNITY
10,000
JEWISH COMMUNITY FOUNDATION OF SAN DIEGO
4950 MURPHY CANYON ROAD
SAN DIEGO
,
CA
92123
NONE
PC
COMMUNITY
25,000
JEWISH COMMUNITY RELATIONS COUNCIL OF SAN FRANCISCO MARIN & PENINSULA
121 STEUART STREET SUITE 301
SAN FRANCISCO
,
CA
94105
NONE
PC
COMMUNITY
70,000
JEWISH FAMILY & CHILDRENS SERVICE
1430 MAIN STREET
WALTHAM
,
MA
02451
NONE
PC
COMMUNITY
25,000
JEWISH FEDERATION OF CINCINNATI
8499 RIDGE ROAD
CINCINNATI
,
OH
45236
NONE
PC
COMMUNITY
50,000
JEWISH FUNDERS NETWORK
150 W 30TH STREET SUITE 900
NEW YORK
,
NY
10001
NONE
PC
COMMUNITY
545,175
JEWISH VOCATIONAL SERVICE INC
75 FEDERAL STREET 3RD FLOOR
BOSTON
,
MA
02110
NONE
PC
COMMUNITY
1,050,000
K-1 ALLOCATIONS OF CHARITABLE CONTRIBUTIONS
177 HUNTINGTON AVENUE SUITE 1500
BOSTON
,
MA
02115
NONE
PC
GENERAL
1,044
KIPP MASSACHUSETTS INC
90 HIGH ROCK STREET
LYNN
,
MA
01902
NONE
PC
EDUCATION
25,000
LEADING EDGE ALLIANCE INC
85 BROAD STREET 16TH FLOOR
NEW YORK
,
NY
10004
NONE
PC
COMMUNITY
100,000
LEARNING ACCELERATOR
167 HAMILTON AVENUE
PRINCETON
,
NJ
08540
NONE
PC
EDUCATION
374,000
LIFE AFTER HATE INC
917 W WASHINGTON BOULEVARD SUITE
212
CHICAGO
,
IL
60607
NONE
PC
COMMUNITY
30,000
LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SERVICES INC
550 DUDLEY STREET
ROXBURY
,
MA
02119
NONE
PC
COMMUNITY
10,000
MASSACHUSETTS DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION
75 PLEASANT STREET
MALDEN
,
MA
02148
NONE
GOV
EDUCATION
117,000
MASSACHUSETTS GENERAL HOSPITAL
125 NASHUA STREET
BOSTON
,
MA
02114
NONE
PC
HEALTH & HUMAN SERVICES
50,000
MASSACHUSETTS WONDERFUND INC
600 WASHINGTON STREET 6TH FLOOR
BOSTON
,
MA
02111
NONE
PC
YOUTH DEVELOPMENT
50,000
MATAN - INVESTING IN THE COMMUNITY
33 YAAVETS STREET
TEL AVIV
6525832
IS
NONE
PC-(FOREIGN EQUIVALE
GLOBAL
500,000
MIND RESEARCH INSTITUTE
111 ACADEMY SUITE 100
IRVINE
,
CA
92617
NONE
PC
EDUCATION
2,841,000
MOISHE HOUSE
441 SAXONY ROAD BARN 2
ENCINITAS
,
CA
92024
NONE
PC
COMMUNITY
525,000
MORE THAN WORDS INC
376 MOODY STREET
WALTHAM
,
MA
02453
NONE
PC
YOUTH DEVELOPMENT
20,000
NANTUCKET COTTAGE HOSPITAL
57 PROSPECT STREET
NANTUCKET
,
MA
02554
NONE
PC
HEALTH & HUMAN SERVICES
20,000
NANTUCKET GOLF CLUB FOUNDATION INC
250 MILESTONE ROAD PO BOX 313
SIASCONSET
,
MA
02564
NONE
PC
COMMUNITY
100,000
NASHOBA LEARNING GROUP INC
10 OAK PARK DRIVE
BEDFORD
,
MA
01730
NONE
PC
COMMUNITY
10,000
NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE
330 MARTIN LUTHER KING BOULEVARD
ROXBURY
,
MA
02119
NONE
PC
COMMUNITY
20,000
NEW ORLEANS LYMPHO-MANIAC CANCER FUND INC
126 BROCKENBRAUGH COURT
METAIRIE
,
LA
70005
NONE
PC
HEALTH & HUMAN SERVICES
10,000
NEW VENTURE FUND
1201 CONNECTICUT AVENUE SUITE 300
WASHINGTON
,
DC
20036
NONE
PC
EDUCATION
95,000
NYU LANGONE MEDICAL CENTER
550 FIRST AVENUE HCC-15
NEW YORK
,
NY
10016
NONE
PC
HEALTH & HUMAN SERVICES
200,000
ONEGOAL
180 N WABASH SUITE 800
CHICAGO
,
IL
60601
NONE
PC
EDUCATION
250,000
PAN MASSACHUSETTS CHALLENGE TRUST
77 4TH AVENUE
NEEDHAM
,
MA
02494
NONE
PC
COMMUNITY
50,000
PHOENIX CHARTER ACADEMY FOUNDATION
60 CANAL STREET 4TH FLOOR
BOSTON
,
MA
02114
NONE
SO1
EDUCATION
25,000
PINE STREET INN INC
444 HARRISON AVENUE
BOSTON
,
MA
02118
NONE
PC
COMMUNITY
100,000
PLANNED PARENTHOOD LEAGUE OF MASSACHUSETTS INC
1055 COMMONWEALTH AVENUE
BOSTON
,
MA
02215
NONE
PC
HEALTH & HUMAN SERVICES
25,000
PREPARATORY FOUNDATION INC
885 RIVER STREET
HYDE PARK
,
MA
02136
NONE
PC
EDUCATION
75,000
PROJECT ALS INC
801 RIVERSIDE DRIVE SUITE 6G
NEW YORK
,
NY
10032
NONE
PC
HEALTH & HUMAN SERVICES
10,000
PROJECT LEAD THE WAY INC
3939 PRIORITY WAY SOUTH DRIVE SUITE
400
INDIANAPOLIS
,
IN
46240
NONE
PC
EDUCATION
319,670
REVERE PUBLIC SCHOOLS
107 NEWHALL STREET
REVERE
,
MA
02151
NONE
GOV
EDUCATION
1,000
RIAN IMMIGRANT CENTER
1 STATE STREET 8TH FLOOR
BOSTON
,
MA
02109
NONE
PC
COMMUNITY
75,000
ROCA INC
101 PARK STREET
CHELSEA
,
MA
02150
NONE
PC
YOUTH DEVELOPMENT
20,000
ROSIE'S PLACE INC
889 HARRISON AVENUE
BOSTON
,
MA
02118
NONE
PC
COMMUNITY
150,000
SHABBAT PROJECT INC
79 MADISON AVENUE 2ND FLOOR
NEW YORK
,
NY
10016
NONE
PC
COMMUNITY
40,000
SHALEM FOUNDATION
845 THIRD AVENUE 6TH FLOOR
NEW YORK
,
NY
10022
NONE
PC
EDUCATION
25,000
SHARE OUR STRENGTH
1030 15TH STREET NW SUITE 1100 W
WASHINGTON
,
DC
20005
NONE
PC
COMMUNITY
20,000
STEPPINGSTONE FOUNDATION INC
ONE APPLETON STREET 4TH FLOOR
BOSTON
,
MA
02116
NONE
PC
EDUCATION
150,000
STRATEGIC GRANT PARTNERS INC
177 HUNTINGTON AVENUE SUITE 1500
BOSTON
,
MA
02115
NONE
PF-ER
COMMUNITY
880,663
SUCCESS ACADEMY CHARTER SCHOOLS INC
95 PINE STREET 6TH FLOOR
NEW YORK
,
NY
10005
NONE
PC
EDUCATION
100,000
SUMMER SEARCH
3840 WASHINGTON STREET SUITE 2
JAMAICA PLAIN
,
MA
02130
NONE
PC
YOUTH DEVELOPMENT
200,000
TEACH FOR AMERICA INC
60 CANAL STREET 5TH FLOOR
BOSTON
,
MA
02114
NONE
PC
EDUCATION
50,000
TEAM IMPACT
500 VICTORY ROAD FLOOR 4
QUINCY
,
MA
02171
NONE
PC
COMMUNITY
50,000
TEMPLE SHIR TIKVA
141 BOSTON POST ROAD
WAYLAND
,
MA
01778
NONE
PC
COMMUNITY
36,000
THE GREATER BOSTON FOOD BANK INC
70 SOUTH BAY AVENUE
BOSTON
,
MA
02118
NONE
PC
COMMUNITY
150,000
THE JEWISH INSTITUTE FOR NATIONAL SECURITY OF AMERICA
1101 14TH STREET NW SUITE 1030
WASHINGTON
,
DC
20005
NONE
PC
GLOBAL
200,000
THE MASSACHUSETTS INSTITUTE FOR A NEW COMMONWEALTH INC
7 LEXINGTON STREET
CHARLESTOWN
,
MA
02129
NONE
PC
EDUCATION
50,000
THE MISSION CONTINUES
1141 SOUTH 7TH STREET
ST LOUIS
,
MO
63104
NONE
PC
COMMUNITY
10,000
THE SHALOM HARTMAN INSTITUTE OF NORTH AMERICA
475 RIVERSIDE DRIVE SUITE 1450
NEW YORK
,
NY
10115
NONE
PC
GLOBAL
100,000
THE TEACHER COLLABORATIVE INC
PO BOX 441645
SOMERVILLE
,
MA
02144
NONE
PC
EDUCATION
10,000
THREAD INC
PO BOX 1584
BALTIMORE
,
MD
21203
NONE
PC
YOUTH DEVELOPMENT
2,000,000
TIDES CENTER
PO BOX 29907
SAN FRANCISCO
,
CA
94129
NONE
PC
COMMUNITY
50,000
TOWN OF PLYMOUTH
253 SOUTH MEADOW ROAD
PLYMOUTH
,
MA
02360
NONE
GOV
EDUCATION
1,000
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
601 FRANKLIN BUILDING
PHILADELPHIA
,
PA
19104
NONE
PC
EDUCATION
50,000
TRUSTEES OF TUFTS COLLEGE
136 HARRISON BOULEVARD
BOSTON
,
MA
02111
NONE
PC
EDUCATION
17,938
TZOHAR
9 HAMELACHA STREET
LOD
7152015
IS
NONE
PC-(FOREIGN EQUIVALE
GLOBAL
50,000
UNION CAPITAL BOSTON INC
1542 COLUMBUS AVENUE
ROXBURY
,
MA
02119
NONE
PC
EDUCATION
60,000
UNIVERSITY OF MASSACHUSETTS FOUNDATION INC
1 PERKINS STREET
LOWELL
,
MA
01854
NONE
PC
EDUCATION
3,300
UNIVERSITY OF TEXAS FOUNDATION
3925 W BRAKER LANE SUITE 3801
AUSTIN
,
TX
78759
NONE
PC
EDUCATION
28,000
UP EDUCATION NETWORK INC
90 CANAL STREET SUITE 600
BOSTON
,
MA
02114
NONE
PC
EDUCATION
500,000
UPSTREAM USA INC
426 17TH STREET SUITE 200
OAKLAND
,
CA
94612
NONE
PC
HEALTH & HUMAN SERVICES
1,000,000
UTEC INC
PO BOX 7066
LOWELL
,
MA
01852
NONE
PC
YOUTH DEVELOPMENT
25,000
VIBE ISRAEL USA
101 HUDSON STREET
JERSEY CITY
,
NJ
07302
NONE
PC
GLOBAL
100,000
WASHINGTON INSTITUTE FOR NEAR EAST POLICY
1111 19TH STREET NW SUITE 500
WASHINGTON
,
DC
20036
NONE
PC
GLOBAL
100,000
WESTERN STATES CENTER INC
PO BOX 40305
PORTLAND
,
OR
97240
NONE
PC
COMMUNITY
98,000
WORCESTER POLYTECHNIC INSTITUTE
100 INSTITUTE ROAD
WORCESTER
,
MA
01609
NONE
PC
EDUCATION
252,200
WTIA WORKFORCE INSTITUTE
8201 164TH AVENUE NE SUITE 200
REDMOND
,
WA
98052
NONE
PC
EDUCATION
35,000
YEAR UP INC
45 MILK STREET 9TH FLOOR
BOSTON
,
MA
02109
NONE
PC
YOUTH DEVELOPMENT
4,088,370
YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER BOSTON INC
316 HUNTINGTON AVENUE
BOSTON
,
MA
02115
NONE
PC
COMMUNITY
25,000
YOUTH VILLAGES INC
400 CUMMINGS PARK DRIVE SUITE 5200
WOBURN
,
MA
01801
NONE
PC
HEALTH & HUMAN SERVICES
512,500
Total
.................................
3a
36,143,324
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2020)
Form 990-PF (2020)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
1,274
4
Dividends and interest from securities
....
900000
197,028
14
4,190,896
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
14
8
Gain or (loss) from sales of assets other than
inventory
............
900000
71,832
18
14,818,289
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
268,860
19,010,459
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
19,279,319
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2020)
Form 990-PF (2020)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2020)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description