Civic Intelligence

Westfield State University Foundation Inc.

990 • Fiscal year 2019 • EIN 04-2701694

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 31, 2020

Organization ProfileWESTFIELD.MA.EDU
PO Box 1630Westfield, MA 01086-1630

(413) 572-5489

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

39th percentile

0.14x

Higher debt load relative to revenue than 39% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

78th percentile

$295,876

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

66th percentile

8.7%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

32nd percentile

-2.0%

Faster revenue growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$11,400,156

Up $914,154 (+8.7%) from 2018

Net Assets

Up

$11,165,684

Up $986,538 (+9.7%) from 2018

Liabilities

Down

$234,472

Down $72,384 (-24%) from 2018

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin87th percentile

Revenue

Down

$1,645,306

Down $33,848 (-2.0%) from 2018

Expenses

Down

$1,025,769

Down $944,732 (-48%) from 2018

Net Income

Up

$619,537

Up $910,884 (+313%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $4,893,340Liabilities 2010: $951,145Net Assets 2010: $3,942,1952010Assets 2011: $5,892,372Liabilities 2011: $1,072,497Net Assets 2011: $4,819,8752011Assets 2012: $5,621,317Liabilities 2012: $660,828Net Assets 2012: $4,960,4892012Assets 2013: $6,160,442Liabilities 2013: $696,487Net Assets 2013: $5,463,9552013Assets 2014: $7,005,658Liabilities 2014: $527,560Net Assets 2014: $6,478,0982014Assets 2015: $7,234,293Liabilities 2015: $504,758Net Assets 2015: $6,729,5352015Assets 2016: $8,468,126Liabilities 2016: $425,990Net Assets 2016: $8,042,1362016Assets 2017: $10,411,923Liabilities 2017: $393,524Net Assets 2017: $10,018,3992017Assets 2018: $10,486,002Liabilities 2018: $306,856Net Assets 2018: $10,179,1462018Assets 2019: $11,400,156Liabilities 2019: $234,472Net Assets 2019: $11,165,6842019Assets 2020: $11,811,264Liabilities 2020: $249,213Net Assets 2020: $11,562,0512020Assets 2021: $18,215,222Liabilities 2021: $276,540Net Assets 2021: $17,938,6822021Assets 2022: $16,430,810Liabilities 2022: $318,008Net Assets 2022: $16,112,8022022Assets 2023: $18,693,573Liabilities 2023: $326,218Net Assets 2023: $18,367,3552023Assets 2024: $21,806,518Liabilities 2024: $314,860Net Assets 2024: $21,491,6582024

Highlighted filing

2019

Assets$11,400,156
Liabilities$234,472
Net Assets$11,165,684
Open 2019 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,417,6862010Revenue 2011: $915,029Expenses 2011: $690,619Net Income 2011: $224,4102011Expenses 2012: $621,7962012Revenue 2013: $745,204Expenses 2013: $766,452Net Income 2013: -$21,2482013Revenue 2014: $764,437Expenses 2014: $636,346Net Income 2014: $128,0912014Revenue 2015: $2,412,736Expenses 2015: $657,919Net Income 2015: $1,754,8172015Revenue 2016: $2,374,994Expenses 2016: $976,657Net Income 2016: $1,398,3372016Revenue 2017: $2,624,420Expenses 2017: $1,299,368Net Income 2017: $1,325,0522017Revenue 2018: $1,679,154Expenses 2018: $1,970,501Net Income 2018: -$291,3472018Revenue 2019: $1,645,306Expenses 2019: $1,025,769Net Income 2019: $619,5372019Revenue 2020: $1,288,350Expenses 2020: $853,937Net Income 2020: $434,4132020Revenue 2021: $4,228,113Expenses 2021: $848,108Net Income 2021: $3,380,0052021Revenue 2022: $2,142,459Expenses 2022: $1,179,862Net Income 2022: $962,5972022Revenue 2023: $2,361,466Expenses 2023: $1,402,589Net Income 2023: $958,8772023Revenue 2024: $3,515,390Expenses 2024: $1,665,213Net Income 2024: $1,850,1772024

Highlighted filing

2019

Revenue$1,645,306
Expenses$1,025,769
Net Income$619,537
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 31, 2020
Return Version
2018v3.1
Gross Receipts
$1,769,143
Mission and Program Overview

Mission

The foundation is charged with receiving donations, investing, and making expenditures exclusively for the benefit of westfield state university, and particularly both to provide scholarships and to sponsor educational activities.

To support westfield state university through active fundraising and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,274,245$10,342,524▲ $1,068,279
Pledges and Grants Receivable$586,696$458,017▼ $128,679
Land, Buildings, and Equipment, Net$454,765$436,686▼ $18,079
Cash and Non-Interest-Bearing Accounts$155,064$124,854▼ $30,210
Prepaid Expenses and Deferred Charges$1,493$24,325▲ $22,832
Savings and Temporary Cash Investments$13,739$13,750▲ $11
Total Assets$10,486,002$11,400,156▲ $914,154
Liabilities
Other Liabilities$230,332$221,642▼ $8,690
Mortgage Notes Payable Secured by Investment Property$64,800$7,200▼ $57,600
Deferred Revenue$4,300$3,500▼ $800
Accounts Payable and Accrued Expenses$7,424$2,130▼ $5,294
Total Liabilities$306,856$234,472▼ $72,384
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,407,669$6,002,300▲ $594,631
Permanently Rstr Net Assets$4,478,483$4,862,884▲ $384,401
Unrestricted Net Assets$292,994$300,500▲ $7,506
Total Net Assets Fund Balance$10,179,146$11,165,684▲ $986,538
Total Liabilities and Net Assets / Fund Balance$10,486,002$11,400,156▲ $914,154

Asset Categories

AssetBook ValueDepreciationBasis
Land$360,877-$360,877
Buildings$75,809$156,718$232,527
Equipment$0$66,599$66,599

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$6,745,015$390,743▲ $467,211$299,575$7,303,394
2017$5,507,056$972,587▲ $503,943$238,571$6,745,015
2016$4,835,768$207,051▲ $627,284$163,047$5,507,056
2015$5,006,337$67,035▲ $24,250$261,854$4,835,768
2014$5,018,472$71,490▲ $142,235$225,860$5,006,337
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleOtherTotal
Dr John a DempseyDirector$77,214$77,214

Board Members and Trustees

NameTitle
Andrew T OleksakChair
James M LeahyPast Chair
Elizabeth ScheibelVice Chair
George FlevotomosVice Chair
Andrea M PiankaDirector
Dr Robert J MaharDirector
Edward G BoscherDirector
Eileen S RockwalDirector
James G HuffmireDirector
James KrupienskiDirector
James VelisDirector
John B DaviesDirector
John J TorroneDirector
John P MorizioDirector
Joseph CourchesneDirector
Joseph a PellegrinoDirector
Kevin R QueeninDirector
Mark a LambertDirector
Nancy DalyDirector
Paul L MancinoneDirector
Ramon TorrecilhaDirector
Robert D PiperDirector
Sheridan F CareyDirector
Thalita NevesDirector
Timothy P AlbenDirector
Erica BromanExecutive Director
Melissa a AlvaradoClerk
Sharon M CzarneckiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,282,452
Program Service Revenue
$0
Investment Income
$251,680
Other Revenue
$111,174
All Other Contributions
$1,147,488
Change in Net Assets
$619,537

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$50,000Selling Price
Other Non Cash Contri Table2$7,000Fair Market Value (FMV)
Works of Art2$1,000Fair Market Value (FMV)
Total Noncash Contributions5$58,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,619,915
Revenue Not Reported on Financial Statements
$25,391
Revenue Not Reported on Form 990
$586,472
Total Revenue per Audited Statements
$2,206,387
Total Revenue per Form 990
$1,645,306
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$898,288
Other Expenses$127,481
Total Fundraising Expense$27,615
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$644,333--$644,333
Grants to Domestic Individuals$253,955--$253,955
Fees for Service Investment Mgmnt Fees-$25,391-$25,391
Fees for Services Accounting-$24,600-$24,600
Depreciation Depletion-$18,079-$18,079
Advertising-$10,825-$10,825
Other Expenses-$9,167$27,615$9,167
Insurance-$5,092-$5,092
Conferences and Meetings-$4,117-$4,117
Interest-$1,548-$1,548
Fees for Services Legal-$883-$883
Office Expenses-$164-$164
Total Functional Expenses$898,288$99,866$27,615$1,025,769

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,219,849
Total Expenses per Form 990$1,025,769
Expenses per Audited Statements$1,000,378
Expenses Not Reported on Form 990$219,471
Expenses Not Reported on Financial Statements$25,391
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Westfield State UniversityWestfield, MASection 115To Support the Programs of Westfield State University.$644,333
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$124,524
Fundraising Direct Expenses$89,471
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$58,480$21,196$4,056$17,140
Gala$90,605$4,195-$4,195
Total Events$259,488$124,524$89,471$35,053
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Funds Held$221,642
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is made available to the board of directors by management.”

Form 990, Part VI, Section B, Line 12C

“If there is a potential conflict of interest, the governing board will investigate the matter, afford the person(s) with the potential conflict of interest to explain the situation, and then determine if action is necessary.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public by request.”

Filing and Contact Details

Filer

Filer Name
Westfield State Foundation Inc
EIN
04-2701694
Phone
4135725489
Address
PO BOX 1630, WESTFIELD, MA 01086-1630

Signing Officer

Name
Sharon Czarnecki
Title
Treasurer
Phone
4135725489
Signed
2020-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erica Broman
Formed
1980
Legal Domicile
Ma
Voting Board Members
29
Independent Board Members
26
Employees
0
Volunteers
126

Preparer

Firm
O'CONNOR & DREW PC
Address
25 BRAINTREE HILL OFFICE PARK SUITE, 102, BRAINTREE, MA 02184
Preparer
David a Diiulis
Phone
6174711120
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

“The organization's financial statement oversight process and selection of the independent accountant process has not changed during the year.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds held by the foundation are largely restricted to providing student scholarships and support for programs of westfield state university.”

PART X, LINE 2:

“Generally accepted accounting principles practiced in the united states of america require an entity to assess the probability that a tax position has a "more likely than not" (mltn) sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances, the statute of limitations may remain open indefinitely. As a not-for-profit entity exempt for income taxes, the foundation may, however, be subject to tax on unrelated business income.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 89,471.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 89,471.”

Raw XML AppendixShowing 400 of 788 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07424
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02130
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT WESTFIELD STATE UNIVERSITY THROUGH ACTIVE FUNDRAISING AND ADVOCACY.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt010825
IRS990/AdvertisingGrp/TotalAmt010825
IRS990/AllOtherContributionsAmt01147488
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0ERICA BROMAN
IRS990/BooksInCareOfDetail/PhoneNum04135728644
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 WESTERN AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WESTFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001085
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0155064
IRS990/CashNonInterestBearingGrp/EOYAmt0124854
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04117
IRS990/ConferencesMeetingsGrp/TotalAmt04117
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0134964
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01282452
IRS990/CYGrantsAndSimilarPaidAmt0898288
IRS990/CYInvestmentIncomeAmt0251680
IRS990/CYOtherExpensesAmt0127481
IRS990/CYOtherRevenueAmt0111174
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0619537
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01025769
IRS990/CYTotalFundraisingExpenseAmt027615
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01645306
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd01
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt04300
IRS990/DeferredRevenueGrp/EOYAmt03500
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt018079
IRS990/DepreciationDepletionGrp/TotalAmt018079
IRS990/Desc0STUDENT SCHOLARSHIPS- SCHOLARSHIPS GIVEN TO OVER 270 WESTFIELD STATE UNIVERSITY STUDENTS FOR FALL AND SPRING SEMESTERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0253955
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt024600
IRS990/FeesForServicesAccountingGrp/TotalAmt024600
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0883
IRS990/FeesForServicesLegalGrp/TotalAmt0883
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt025391
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt025391
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282FiledCnt01
IRS990/Form8282PropertyDisposedOfInd01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt028.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt136.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt236.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt69.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt251.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt261.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt271.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt281.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd27X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd28X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt622239
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt139541
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2869304
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDREW T OLEKSAK
IRS990/Form990PartVIISectionAGrp/PersonNm1ELIZABETH SCHEIBEL
IRS990/Form990PartVIISectionAGrp/PersonNm2GEORGE FLEVOTOMOS
IRS990/Form990PartVIISectionAGrp/PersonNm3SHARON M CZARNECKI
IRS990/Form990PartVIISectionAGrp/PersonNm4MELISSA A ALVARADO
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES M LEAHY
IRS990/Form990PartVIISectionAGrp/PersonNm6ERICA BROMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7TIMOTHY P ALBEN
IRS990/Form990PartVIISectionAGrp/PersonNm8EDWARD G BOSCHER
IRS990/Form990PartVIISectionAGrp/PersonNm9SHERIDAN F CAREY
IRS990/Form990PartVIISectionAGrp/PersonNm10JOSEPH COURCHESNE
IRS990/Form990PartVIISectionAGrp/PersonNm11NANCY DALY
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN B DAVIES
IRS990/Form990PartVIISectionAGrp/PersonNm13DR JOHN A DEMPSEY
IRS990/Form990PartVIISectionAGrp/PersonNm14JAMES G HUFFMIRE
IRS990/Form990PartVIISectionAGrp/PersonNm15JAMES KRUPIENSKI
IRS990/Form990PartVIISectionAGrp/PersonNm16MARK A LAMBERT
IRS990/Form990PartVIISectionAGrp/PersonNm17DR ROBERT J MAHAR
IRS990/Form990PartVIISectionAGrp/PersonNm18PAUL L MANCINONE
IRS990/Form990PartVIISectionAGrp/PersonNm19JOHN P MORIZIO
IRS990/Form990PartVIISectionAGrp/PersonNm20THALITA NEVES
IRS990/Form990PartVIISectionAGrp/PersonNm21JOSEPH A PELLEGRINO
IRS990/Form990PartVIISectionAGrp/PersonNm22ANDREA M PIANKA
IRS990/Form990PartVIISectionAGrp/PersonNm23ROBERT D PIPER
IRS990/Form990PartVIISectionAGrp/PersonNm24KEVIN R QUEENIN
IRS990/Form990PartVIISectionAGrp/PersonNm25EILEEN S ROCKWAL
IRS990/Form990PartVIISectionAGrp/PersonNm26JOHN J TORRONE
IRS990/Form990PartVIISectionAGrp/PersonNm27JAMES VELIS
IRS990/Form990PartVIISectionAGrp/PersonNm28RAMON TORRECILHA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6170229
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1367673
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt28226572
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0134964
IRS990/FundraisingDirectExpensesAmt089471
IRS990/FundraisingGrossIncomeAmt0124524
IRS990/GainOrLossGrp/SecuritiesAmt08310
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt029
IRS990/GrantAmt0253955
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0253955
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0253955
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0644333
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0644333
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt042676
IRS990/GrossReceiptsAmt01769143
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt026
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05092
IRS990/InsuranceGrp/TotalAmt05092
IRS990/InterestGrp/ManagementAndGeneralAmt01548
IRS990/InterestGrp/TotalAmt01548
IRS990/InvestmentIncomeGrp/ExclusionAmt0243370
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0243370
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09274245
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010342524
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0223317
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0454765
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0436686
IRS990/LandBldgEquipCostOrOtherBssAmt0660003
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt034366
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS CHARGED WITH RECEIVING DONATIONS, INVESTING, AND MAKING EXPENDITURES EXCLUSIVELY FOR THE BENEFIT OF WESTFIELD STATE UNIVERSITY, AND PARTICULARLY BOTH TO PROVIDE SCHOLARSHIPS AND TO SPONSOR EDUCATIONAL ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt064800
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07200
IRS990/NetAssetsOrFundBalancesBOYAmt010179146
IRS990/NetAssetsOrFundBalancesEOYAmt011165684
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08310
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08310
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt035053
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt035053
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0367001
IRS990/NoncashContributionsAmt058000
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0164
IRS990/OfficeExpensesGrp/TotalAmt0164
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt027615
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09167
IRS990/OtherExpensesGrp/TotalAmt027615
IRS990/OtherExpensesGrp/TotalAmt19167
IRS990/OtherLiabilitiesGrp/BOYAmt0230332
IRS990/OtherLiabilitiesGrp/EOYAmt0221642
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt013125
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013125
IRS990/OtherRevenueTotalAmt013125
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04478483
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04862884
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0586696
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0458017
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01493
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024325
IRS990/PrincipalOfficerNm0ERICA BROMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ON-BEHALF PAYMENTS TO WESTFIELD STATE UNIVERSITY AND GRANTS TO VARIOUS DEPARTMENTS FOR ACADEMIC PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0644333
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0644333
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01222953
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01832978

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,400,156
Liabilities
$234,472
Net assets
$11,165,684
Revenue
$1,645,306
Expenses
$1,025,769
Net income
$619,537
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.8$0.31$21.5$3.52$1.67$1.85
2023Detailed filing. Detailed filing data is available for this year.$18.7$0.33$18.4$2.36$1.40$0.96
2022Detailed filing. Detailed filing data is available for this year.$16.4$0.32$16.1$2.14$1.18$0.96
2021Detailed filing. Detailed filing data is available for this year.$18.2$0.28$17.9$4.23$0.85$3.38
2020Detailed filing. Detailed filing data is available for this year.$11.8$0.25$11.6$1.29$0.85$0.43
2019Detailed filing. Detailed filing data is available for this year.$11.4$0.23$11.2$1.65$1.03$0.62
2018Detailed filing. Detailed filing data is available for this year.$10.5$0.31$10.2$1.68$1.97$0.29
2017Summary only. Only limited summary data is available for this year.$10.4$0.39$10.0$2.62$1.30$1.33
2016Detailed filing. Detailed filing data is available for this year.$8.47$0.43$8.04$2.37$0.98$1.40
2015Detailed filing. Detailed filing data is available for this year.$7.23$0.50$6.73$2.41$0.66$1.75
2014Detailed filing. Detailed filing data is available for this year.$7.01$0.53$6.48$0.76$0.64$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.70$5.46$0.75$0.77$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$0.66$4.96$0.62
2011Summary only. Only limited summary data is available for this year.$5.89$1.07$4.82$0.92$0.69$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$0.95$3.94$1.42