Civic Intelligence

James M and Cathleen D Stone Family Foundation Inc.

990 • Fiscal year 2023 • EIN 04-3246517

Jul 01, 2022 to Jun 30, 2023 • Filed on May 10, 2024

Refreshing map…

695 Atlantic AvenueBoston, MA 02111

(617) 951-1504

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

2nd percentile

-201%

Higher net margin than 2% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

98th percentile

$813,517

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 48.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

1st percentile

-47%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-90%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$4,273,486

Down $3,781,582 (-47%) from 2022

Net Assets

Down

$4,273,486

Down $3,781,582 (-47%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$1,695,190

Down $14,545,625 (-90%) from 2022

Expenses

Up

$5,103,045

Up $103,120 (+2.1%) from 2022

Net Income

Down

-$3,407,855

Down $14,648,745 (-130%) from 2022

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $35,699Liabilities 2011: $0Net Assets 2011: $35,6992011Assets 2012: $7,872Liabilities 2012: $0Net Assets 2012: $7,8722012Assets 2013: $68,983Liabilities 2013: $0Net Assets 2013: $68,9832013Assets 2014: $151,706Liabilities 2014: $0Net Assets 2014: $151,7062014Assets 2015: $321,045Liabilities 2015: $0Net Assets 2015: $321,0452015Assets 2016: $378,287Liabilities 2016: $0Net Assets 2016: $378,2872016Assets 2017: $721,593Liabilities 2017: $0Net Assets 2017: $721,5932017Assets 2018: $606,201Liabilities 2018: $0Net Assets 2018: $606,2012018Assets 2019: $195,925Liabilities 2019: $0Net Assets 2019: $195,9252019Assets 2020: $319,195Liabilities 2020: $0Net Assets 2020: $319,1952020Assets 2021: $262,207Liabilities 2021: $250Net Assets 2021: $261,9572021Assets 2022: $8,055,068Liabilities 2022: $0Net Assets 2022: $8,055,0682022Assets 2023: $4,273,486Liabilities 2023: $0Net Assets 2023: $4,273,4862023Assets 2024: $2,329,780Liabilities 2024: $0Net Assets 2024: $2,329,7802024

Highlighted filing

2023

Assets$4,273,486
Liabilities$0
Net Assets$4,273,486

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,987,038Expenses 2011: $2,046,239Net Income 2011: -$59,2012011Revenue 2012: $986,225Expenses 2012: $1,014,052Net Income 2012: -$27,8272012Revenue 2013: $685,039Expenses 2013: $1,372,849Net Income 2013: -$687,8102013Revenue 2014: $1,335,019Expenses 2014: $1,252,296Net Income 2014: $82,7232014Revenue 2015: $1,535,039Expenses 2015: $1,365,700Net Income 2015: $169,3392015Revenue 2016: $2,235,070Expenses 2016: $2,177,828Net Income 2016: $57,2422016Revenue 2017: $4,369,322Expenses 2017: $4,026,016Net Income 2017: $343,3062017Revenue 2018: $4,735,551Expenses 2018: $4,850,943Net Income 2018: -$115,3922018Revenue 2019: $4,985,571Expenses 2019: $5,395,847Net Income 2019: -$410,2762019Revenue 2020: $5,360,323Expenses 2020: $5,237,053Net Income 2020: $123,2702020Revenue 2021: $3,735,238Expenses 2021: $3,792,476Net Income 2021: -$57,2382021Revenue 2022: $16,240,815Expenses 2022: $4,999,925Net Income 2022: $11,240,8902022Revenue 2023: $1,695,190Expenses 2023: $5,103,045Net Income 2023: -$3,407,8552023Revenue 2024: $2,458,932Expenses 2024: $1,494,312Net Income 2024: $964,6202024

Highlighted filing

2023

Revenue$1,695,190
Expenses$5,103,045
Net Income-$3,407,855
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 10, 2024
Return Version
2022v5.0
Gross Receipts
$9,648,349
Mission and Program Overview

Mission

Grantmaking: to promote the educational and scientific purposes of harvard university and the boston foundation, inc. By providing support for research and education in a variety of fields.

To promote the educational and scientific purposes of harvard university and the boston foundation, inc. By providing support for research and education in a variety of fields.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,991,229$4,131,107▼ $3,860,122
Cash and Non-Interest-Bearing Accounts$63,839$142,379▲ $78,540
Total Assets$8,055,068$4,273,486▼ $3,781,582
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,055,068$4,273,486▼ $3,781,582
Total Net Assets Fund Balance$8,055,068$4,273,486▼ $3,781,582
Total Liabilities and Net Assets / Fund Balance$8,055,068$4,273,486▼ $3,781,582
Compensation and Service Providers

Board Members and Trustees

NameTitle
James M StoneChair & Trustee
Cathleen D StonePresident & Trustee
M Lee PeltonClerk & Trustee
James N BaileyTreasurer & Trustee
Jennifer PachusTrustee
John MontgomeryTrustee
Stephen KinzerTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$610,000
Program Service Revenue
$0
Investment Income
$1,085,190
Other Revenue
$0
All Other Contributions
$610,000
Change in Net Assets
$-3,407,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,848,000
Other Expenses$255,045
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,848,000--$4,848,000
Fees for Services Other$112,875$16,333-$129,208
Fees for Services Legal-$79,000-$79,000
Fees for Service Investment Mgmnt Fees-$18,555-$18,555
Fees for Services Accounting-$14,085-$14,085
Conferences and Meetings$3,652$6,485-$10,137
Office Expenses$1,036$3-$1,039
Other Expenses-$750-$750
Total Functional Expenses$4,965,563$137,482$0$5,103,045
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boston Foundation IncBoston, MA501 (c) (3)Program Support$4,773,000
President and Fellows of Harvard CollegeCambridge, MA501 (c) (3)Program Support$75,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Cathleen d. Stone and james m. Stone have a family relationship. James m. Stone and james n. Bailey have a business relationship.

Form 990, Part VI, Section A, Line 4

The foundation's articles of organization and by-laws were amended and restated effective as of july 1, 2023 to convert the foundation from a supporting organization to a private non-operating foundation, and the foundation will therefore commence filing forms 990-pf beginning with its tax year ending june 30, 2024. In accordance with the foregoing, the foundation's purpose in its articles of organization was amended. Effective as of july 1, 2023, the foundation's purpose is to make grants for charitable, educational, scientific and literary purposes within the meaning of section 501(c)(3) of the internal revenue code. In addition, the dissolution clause in the foundation's articles of organization was amended to remove references to the foundation's supported organizations. Effective as of july 1, 2023, the foundation's articles provide, in pertinent part, that, upon the liquidation or dissolution of the foundation, its net assets will be distributed to one or more organizations with similar purposes as shall qualify as exempt organizations under section 501(c)(3) of the internal revenue code. The foundation's by-laws were likewise revised, effective as of july 1, 2023, to remove all references to its supported organizations, which amendments particularly impacted the composition of the foundation's board of trustees. Minor updates were made to both the articles of organization and by-laws as well.

Form 990, Part VI, Section A, Line 6

James and cathleen stone currently serve as the members of the foundation. During the foundation's tax year ending 6/30/23, the by-laws of the foundation established the rights of members to elect the trustees but subject to a requirement that one trustee must be a representative of harvard and one a representative of the boston foundation, inc. The by-laws further provided that members and persons related to them or with whom they have a certain close relationship may not constitute as much as 50% of the voting power of the board. The members do not have the right to approve the decisions of the trustees.

Form 990, Part VI, Section A, Line 7A

James and cathleen stone currently serve as the members of the foundation. During the foundation's tax year ending 6/30/23, the by-laws of the foundation established the rights of members to elect the trustees but subject to a requirement that one trustee must be a representative of harvard and one a representative of the boston foundation, inc. The by-laws further provided that members and persons related to them or with whom they have a certain close relationship may not constitute as much as 50% of the voting power of the board. The members do not have the right to approve the decisions of the trustees.

Form 990, Part VI, Section A, Line 7B

Pursuant to the foundation's by-laws, the members of the foundation elect the trustees of the foundation and have the power to remove trustees. In addition, the members have the ability to alter, amend, or repeal the foundation's by-laws and the right to alter, amend, or reinstate any amendments to the by-laws made by the trustees.

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

The foundation's form 990 is prepared by an independent accounting firm and is reviewed by outside advisors before a final draft is made available to all members of the governing body for review and comment prior to filing.

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

The trustees are provided with an annual disclosure form to list potential conflicts. Conflicts are reviewed and if a conflict arises, the trustee would recuse him/herself from discussion regarding the potential conflict.

Form 990, Part VI, Section B, Line 15

The james m. And cathleen d. Stone family foundation does not compensate any officer, director, trustee, or key employee. Those trustees who served as representatives of the foundation's supported organizations, boston foundation, inc. And president and fellows of harvard college, were employed by those organizations. Compensation was paid to lee pelton by the boston foundation exclusively for his services to the boston foundation. Compensation was paid to jennifer pachus by president and fellows of harvard college exclusively for her services to president and fellows of harvard college.

Form 990, Part VI, Section C, Line 19

Documents required by law to be made available to the public are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
James M and Cathleen D Stone
EIN
04-3246517
Phone
6179511504
Address
695 ATLANTIC AVENUE, BOSTON, MA 02111

Signing Officer

Name
Lee Pelton
Title
Clerk
Phone
6179511504
Signed
2024-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathleen D Stone
Formed
1994
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
Kpmg Llp
Address
60 SOUTH STREET TWO FINANCIAL, CENTER, BOSTON, MA 02111
Preparer
Kimberly Mac Namee
Phone
6179881000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation is a tax-exempt organization as described in section 501 (c) (3) of the internal revenue code (the code) and is generally exempt from income taxes pursuant to section 501 (a) of the code and qualifies as a public charity under section 170 (b) (1) (a) (vi) (sic) of the code. The foundation has not taken any tax positions which would have a material effect, individually or in the aggregate, upon the foundation's consolidated financial statements. The foundation believes it has not taken any significant uncertain tax positions or any tax positions that would jeopardize the foundation's tax exempt status.

Raw XML AppendixShowing 400 of 597 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.

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IRS990/PYGrantsAndSimilarPaidAmt04729000
IRS990/PYInvestmentIncomeAmt0593616
IRS990/PYOtherExpensesAmt0270925
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt011240890
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04999925
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt016240815
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3407855
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt076276
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt018281
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt076276
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt018281
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt076276
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt018281
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt018281
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt0205783
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt0205783
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt015539
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt0205783
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt04524217
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt0205783
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt0205783
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt04848000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt04848000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt018637000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt04729000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt03699000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt04987000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt05222000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt04730000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt023485000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt04848000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt04729000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt03699000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt04987000
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt05222000
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt023367000
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt075000
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0205783
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt036.450000000000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt04848000
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt04848000
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BOSTON FOUNDATION, INC. AND HARVARD UNIVERSITY, THROUGH THEIR REPRESENTATIVES WHO SERVED AS TRUSTEES ON THE JAMES M. AND CATHLEEN D. STONE FAMILY FOUNDATION, INC. BOARD, HAD A SIGNIFICANT VOICE IN THE JAMES M. AND CATHLEEN D. STONE FAMILY FOUNDATION, INC.'S USE OF INCOME AND ASSETS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1HARVARD UNIVERSITY WAS AN ATTENTIVE SUPPORTED ORGANIZATION TO WHICH THE JAMES M. AND CATHLEEN D. STONE FAMILY FOUNDATION, INC. WAS RESPONSIVE. AS DESCRIBED IN THE DISCLOSURE FOR SCHEDULE A, PART IV, SECTION D, LINE 3, A REPRESENTATIVE SELECTED BY HARVARD SAT ON THE BOARD OF TRUSTEES OF THE JAMES M. AND CATHLEEN D. STONE FAMILY FOUNDATION, INC. DEMONSTRATING RESPONSIVENESS, AS HARVARD HAD A SIGNIFICANT VOICE IN DIRECTING THE USE OF THE JAMES M. AND CATHLEEN D. STONE FAMILY FOUNDATION, INC.'S INCOME OR ASSETS. FURTHER, THE JAMES M. AND CATHLEEN D. STONE FAMILY FOUNDATION, INC.'S GRANTS TO HARVARD UNIVERSITY WERE DIRECTED TO SPECIFIC PROGRAMS AT THE KENNEDY SCHOOL AND WERE THEREFORE EARMARKED FOR SUBSTANTIAL PROGRAMS AT HARVARD UNIVERSITY, WHICH EVIDENCES ATTENTIVENESS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART IV, SECTION D, LINE 3:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART V, SECTION D, LINE 8:
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt06307948
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt05969057
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt069536
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0635462
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt06238412
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt05333595
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt094619
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt089536
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt06213329
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt05879521
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt0217467
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0205783
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt06307948
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt05969057
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt0217467
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0205783
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0042104021
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1042103580
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt04773000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt175000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOSTON FOUNDATION INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1PRESIDENT AND FELLOWS OF HARVARD COLLEGE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt04848000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501 (A) OF THE CODE AND QUALIFIES AS A PUBLIC CHARITY UNDER SECTION 170 (B) (1) (A) (VI) (SIC) OF THE CODE. THE FOUNDATION HAS NOT TAKEN ANY TAX POSITIONS WHICH WOULD HAVE A MATERIAL EFFECT, INDIVIDUALLY OR IN THE AGGREGATE, UPON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION BELIEVES IT HAS NOT TAKEN ANY SIGNIFICANT UNCERTAIN TAX POSITIONS OR ANY TAX POSITIONS THAT WOULD JEOPARDIZE THE FOUNDATION'S TAX EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt04773000
IRS990ScheduleI/RecipientTable/CashGrantAmt175000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C) (3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501 (C) (3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOSTON FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PRESIDENT AND FELLOWS OF HARVARD COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0042104021
IRS990ScheduleI/RecipientTable/RecipientEIN1042103580
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt075 ARLINGTON STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1124 MT AUBURN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CAMBRIDGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002116
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102138
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ONE REPRESENTATIVE FROM EACH SUPPORTED ORGANIZATION WAS ON THE BOARD OF THE JAMES M. AND CATHLEEN D. STONE FAMILY FOUNDATION, INC. AND WAS ABLE TO REPORT TO THE BOARD ON THE USE OF GRANT FUNDS. IN ADDITION, UPDATED INFORMATION ABOUT GRANTEES WAS PROVIDED TO THE BOARD.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$2.46$1.49$0.96
2023Detailed filing. Detailed filing data is available for this year.$4.27$0.00$4.27$1.70$5.10$3.41
2022Detailed filing. Detailed filing data is available for this year.$8.06$0.00$8.06$16.2$5.00$11.2
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$3.74$3.79$0.06
2020Summary only. Only limited summary data is available for this year.$0.32$0.00$0.32$5.36$5.24$0.12
2019Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$4.99$5.40$0.41
2018Summary only. Only limited summary data is available for this year.$0.61$0.00$0.61$4.74$4.85$0.12
2017Summary only. Only limited summary data is available for this year.$0.72$0.00$0.72$4.37$4.03$0.34
2016Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$2.24$2.18$0.06
2015Summary only. Only limited summary data is available for this year.$0.32$0.00$0.32$1.54$1.37$0.17
2014Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$1.34$1.25$0.08
2013Summary only. Only limited summary data is available for this year.$0.07$0.00$0.07$0.69$1.37$0.69
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.99$1.01$0.03
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$1.99$2.05$0.06