Civic Intelligence

Fiduciary Charitable Foundation

990 • Fiscal year 2020 • EIN 04-6649138

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 28, 2021

CO Fiduciary Trust CO PO Box 558Boston, MA 02205-5806

(617) 292-6766

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

3rd percentile

0.00x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

99th percentile

231%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

175%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$21,159,232

Up $14,766,146 (+231%) from 2019

Net Assets

Up

$21,159,232

Up $14,766,146 (+231%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$19,649,743

Up $12,499,001 (+175%) from 2019

Expenses

Down

$5,321,554

Down $26,430 (-0.5%) from 2019

Net Income

Up

$14,328,189

Up $12,525,431 (+695%) from 2019

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $191,288Liabilities 2010: $0Net Assets 2010: $191,2882010Assets 2011: $163,797Liabilities 2011: $0Net Assets 2011: $163,7972011Assets 2012: $407,817Liabilities 2012: $0Net Assets 2012: $407,8172012Assets 2013: $384,706Liabilities 2013: $0Net Assets 2013: $384,7062013Assets 2014: $342,497Liabilities 2014: $0Net Assets 2014: $342,4972014Assets 2015: $557,264Liabilities 2015: $0Net Assets 2015: $557,2642015Assets 2016: $606,310Liabilities 2016: $0Net Assets 2016: $606,3102016Assets 2017: $4,395,571Liabilities 2017: $0Net Assets 2017: $4,395,5712017Assets 2018: $4,591,330Liabilities 2018: $0Net Assets 2018: $4,591,3302018Assets 2019: $6,393,086Liabilities 2019: $0Net Assets 2019: $6,393,0862019Assets 2020: $21,159,232Liabilities 2020: $0Net Assets 2020: $21,159,2322020Assets 2021: $117,480,981Liabilities 2021: $0Net Assets 2021: $117,480,9812021Assets 2022: $115,277,256Liabilities 2022: $0Net Assets 2022: $115,277,2562022Assets 2023: $108,834,291Liabilities 2023: $0Net Assets 2023: $108,834,2912023Assets 2024: $112,185,493Liabilities 2024: $0Net Assets 2024: $112,185,4932024

Highlighted filing

2020

Assets$21,159,232
Liabilities$0
Net Assets$21,159,232

Operations Trend

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

$150M$100M$50M$0-$50MRevenue 2010: $3,218,582Expenses 2010: $3,133,562Net Income 2010: $85,0202010Revenue 2011: $3,014,269Expenses 2011: $3,041,761Net Income 2011: -$27,4922011Revenue 2012: $6,980,769Expenses 2012: $6,736,750Net Income 2012: $244,0192012Revenue 2013: $4,284,237Expenses 2013: $4,307,347Net Income 2013: -$23,1102013Revenue 2014: $6,263,736Expenses 2014: $6,305,945Net Income 2014: -$42,2092014Revenue 2015: $5,433,238Expenses 2015: $5,218,471Net Income 2015: $214,7672015Revenue 2016: $2,733,778Expenses 2016: $2,684,732Net Income 2016: $49,0462016Revenue 2017: $7,826,799Expenses 2017: $4,037,538Net Income 2017: $3,789,2612017Revenue 2018: $6,095,792Expenses 2018: $5,899,956Net Income 2018: $195,8362018Revenue 2019: $7,150,742Expenses 2019: $5,347,984Net Income 2019: $1,802,7582019Revenue 2020: $19,649,743Expenses 2020: $5,321,554Net Income 2020: $14,328,1892020Revenue 2021: $103,573,534Expenses 2021: $7,270,604Net Income 2021: $96,302,9302021Revenue 2022: $36,442,800Expenses 2022: $29,327,141Net Income 2022: $7,115,6592022Revenue 2023: $52,413,412Expenses 2023: $51,506,572Net Income 2023: $906,8402023Revenue 2024: $61,054,716Expenses 2024: $57,820,814Net Income 2024: $3,233,9022024

Highlighted filing

2020

Revenue$19,649,743
Expenses$5,321,554
Net Income$14,328,189
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 28, 2021
Return Version
2020v4.1
Gross Receipts
$25,245,026
Mission and Program Overview

Mission

Charitable trust organized to facilitate charitable giving by 1) accepting marketable securities, liquidating the asset and dispensing the proceeds to various designated charities, and 2) sponsoring and administering donor advised funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,926,628$19,412,243▲ $14,485,615
Savings and Temporary Cash Investments$1,462,418$1,680,342▲ $217,924
Cash and Non-Interest-Bearing Accounts$4,040$66,647▲ $62,607
Total Assets$6,393,086$21,159,232▲ $14,766,146
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,299,276$20,257,945▲ $13,958,669
Net Assets With Donor Restrictions$93,810$901,287▲ $807,477
Total Net Assets Fund Balance$6,393,086$21,159,232▲ $14,766,146
Total Liabilities and Net Assets / Fund Balance$6,393,086$21,159,232▲ $14,766,146
Compensation and Service Providers

Board Members and Trustees

NameTitle
Todd EcklerPresident/executive Director
Doug MarshallTrustee
Emily MccannTrustee
Peter BrownTrustee
Adam ThompsonCFO (as of Dec. 2020)
Revenue and Support

Revenue Composition

Contributions and Grants
$18,220,441
Program Service Revenue
$0
Investment Income
$1,429,302
Other Revenue
$0
All Other Contributions
$18,220,441
Change in Net Assets
$14,328,189

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded456$16,808,287Fair Market Value (FMV)
Total Noncash Contributions456$16,808,287-

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,601,679
Revenue Not Reported on Financial Statements
$48,064
Revenue Not Reported on Form 990
$-139,855
Total Revenue per Audited Statements
$19,461,824
Total Revenue per Form 990
$19,649,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,152,859
Other Expenses$103,072
Salaries, Compensation, and Employee Benefits$65,623
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,152,859--$5,152,859
Other Salaries and Wages$43,133$22,490-$65,623
Fees for Service Investment Mgmnt Fees-$48,064-$48,064
Other Expenses-$26,472-$26,472
Fees for Services Other-$16,036-$16,036
Occupancy$6,250$6,250-$12,500
Total Functional Expenses$5,202,242$119,312$0$5,321,554

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,321,554
Expenses per Audited Statements$5,273,490
Total Expenses per Audited Statements$5,273,490
Expenses Not Reported on Financial Statements$48,064
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bid - Plymouth HospitalPlymouth, MA501(c)(3)Donations$250,000
South Shore Hospital CharitableSouth Weymouth, MA501(c)(3)Donations$250,000
Yale UniversityNew Haven, CT501(c)(3)Donations$250,000
Vanguard Charitable Endowment ProgramSoutheastern, PA501(c)(3)Donations$209,051
Marthas Vineyard Community ServicesVineyard Haven, MA501(c)(3)Donations$200,000
Occidental CollegeLos Angeles, CA501(c)(3)Donations$161,673
Historic DeerfieldDeerfield, MA501(c)(3)Donations$160,000
Greater Boston Food BankBoston, MA501(c)(3)Donations$144,373
Pine Street InnBoston, MA501(c)(3)Donations$110,196
Fidelity Investments Charitable Gift FundBoston, MA501(c)(3)Donations$104,525
Berkshire Taconic Community FoundationSheffield, MA501(c)(3)Donations$103,822
Winsor SchoolBoston, MA501(c)(3)Donations$102,000
Riverbend School IncNatick, MA501(c)(3)Donations$80,000
Plymouth Congregational United ChurchPlainfield, IL501(c)(3)Donations$64,000
Museum of Fine ArtsBoston, MA501(c)(3)Donations$59,448
ST STEPHEN'S EPISCOPAL CHURCHDurham, NC501(c)(3)Donations$58,250
Perkins School for the BlindWatertown, MA501(c)(3)Donations$58,000
Burlington City ArtsBurlington, MA501(c)(3)Donations$51,600
Southcoast Community FoundationNew Bedford, MA501(c)(3)Donations$51,500
University of Minnesota FoundationMinneapolis, MN501(c)(3)Donations$50,722
Caritas CommunitiesBraintree, MA501(c)(3)Donations$50,000
Nonprofit Legal Services of UtahSalt Lake City, UT501(c)(3)Donations$50,000
Sea Education AssociationFalmouth, MA501(c)(3)Donations$50,000
Harvard UniversityCambridge, MA501(c)(3)Donations$48,500
Island Food Pantry of Marthas VineyardVineyard Haven, MA501(c)(3)Donations$40,000
The Church of Jesus Christ of LatterSalt Lake City, UT501(c)(3)Donations$32,683
Newton Wellesley HospitalSomerville, MA501(c)(3)Donations$30,000
North Universalist Chapel SocietyWoodstock, VA501(c)(3)Donations$30,000
Environmental Defense FundSouth New York, NY501(c)(3)Donations$29,022
Buzzards Bay CoalitionNew Bedford, MA501(c)(3)Donations$27,500
United Way of Massachusetts BayBoston, MA501(c)(3)Donations$26,000
Intervarsity Christian FellowshipMadison, WI501(c)(3)Donations$25,815
Natural Resources Defense CouncilNew York, NY501(c)(3)Donations$25,040
Aclu New MexicoAlbuquerque, NM501(c)(3)Donations$25,000
Boston Foundation IncBoston, MA501(c)(3)Donations$25,000
Cambridge Insight Meditation CenterCambridge, MA501(c)(3)Donations$25,000
Massachusetts Museum of ContemporaryNorth Adams, MA501(c)(3)Donations$25,000
Natural Dharma FellowshipSpringfield, NH501(c)(3)Donations$25,000
Parents for PeaceMemphis, TN501(c)(3)Donations$25,000
Planned Parenthood League of MaBoston, MA501(c)(3)Donations$25,000
Rhode Island Community Food BankProvidence, RI501(c)(3)Donations$25,000
South Shore YmcaQuincy, MA501(c)(3)Donations$25,000
University of PittsburghPittsburgh, PA501(c)(3)Donations$25,000
Vineyard Montessori SchoolVineyard Haven, MA501(c)(3)Donations$25,000
Planned Parenthood Federation ofNew York, NY501(c)(3)Donations$24,500
Doctors Without BordersMesa, AZ501(c)(3)Donations$21,000
Ocean ConservancyWashington Dc, DC501(c)(3)Donations$21,000
Trustees of ReservationsBoston, MA501(c)(3)Donations$21,000
Uspc Peace Education FundNew Haven, CT501(c)(3)Donations$20,529
Greater Boston Health CenterBoston, MA501(c)(3)Donations$20,000
Norman S Ives FoundationDoylestown, PA501(c)(3)Donations$20,000
Rhode Island Public RadioProvidence, RI501(c)(3)Donations$20,000
Nature Conservancy IncArlington, VA501(c)(3)Donations$18,000
Dana-farber Cancer InstituteBoston, MA501(c)(3)Donations$17,500
American Cancer SocietyNw Atlanta, GA501(c)(3)Donations$17,000
BRIGHAM AND WOMEN'S HOSPITALSomerville, MA501(c)(3)Donations$16,156
Feeding AmericaChicago, IL501(c)(3)Donations$15,000
Harvard Epworth United Methodist ChurchCambridge, MA501(c)(3)Donations$15,000
Island Grown InitiativeVineyard Haven, MA501(c)(3)Donations$15,000
MitCambrudge, MA501(c)(3)Donations$15,000
Partners Healthcare Systems IncBoston, MA501(c)(3)Donations$15,000
Saint James SchoolPhiladelphia, PA501(c)(3)Donations$15,000
San Francisco SymphonySan Francisco, CA501(c)(3)Donations$15,000
Sustainable WoodstockWoodstock, VT501(c)(3)Donations$15,000
The Carving Studio and Sculpture CenterWest Rutland, VT501(c)(3)Donations$15,000
Thurgood Marshall College FundWashington, DC501(c)(3)Donations$15,000
World Central KitchenWashington, DC501(c)(3)Donations$15,000
Southern Poverty Law CenterMontgomery, AL501(c)(3)Donations$14,694
Florence Griswold MuseumOld Lyme, CT501(c)(3)Donations$13,000
Community Volunteer TransportationPeterborough, NH501(c)(3)Donations$12,500
Friends of Rockport LibraryRockport, ME501(c)(3)Donations$12,500
Philadelphia Bail Fund IncPhiladelphia, PA501(c)(3)Donations$12,404
Boston UniversityOxford, OH501(c)(3)Donations$12,000
Trustees of Thayer AcademyBraintree, MA501(c)(3)Donations$12,000
Boston Symphony OrchestraBoston, MA501(c)(3)Donations$11,000
Maine Coast Heritage TrustTopsham, ME501(c)(3)Donations$11,000
Labyrinth IncNew York, NY501(c)(3)Donations$10,976
Women Make MoviesNew York, NY501(c)(3)Donations$10,588
Antioch CollegeYellow Springs, OH501(c)(3)Donations$10,555
Riding BeyondAshland, OR501(c)(3)Donations$10,109
Beloit CollegeBeloit, WI501(c)(3)Donations$10,088
Salvation ArmyAlexandria, VA501(c)(3)Donations$10,067
Aclu Foundation of Rhode IslandProvidence, RI501(c)(3)Donations$10,000
American Civil Liberties Union FoundationNew York, NY501(c)(3)Donations$10,000
American Red CrossNw Washington, DC501(c)(3)Donations$10,000
Beverly HospitalMontebello, CA501(c)(3)Donations$10,000
Block Island Health ServicesBlock Island, RI501(c)(3)Donations$10,000
Brookline Community FoundationBrookline, MA501(c)(3)Donations$10,000
CHILDREN'S FRIENDSalt Lake City, UT501(c)(3)Donations$10,000
Center for Labor Education and ResearchJamaica Plane, MA501(c)(3)Donations$10,000
Center for Transformational PracticeWrj, VT501(c)(3)Donations$10,000
Christ Episcopal ChurchTeaneck, NJ501(c)(3)Donations$10,000
Community Charter School of CambridgeCambridge, MA501(c)(3)Donations$10,000
Dorcas International Institute of Rhode IslandProvidence, RI501(c)(3)Donations$10,000
Farm Fresh Rhode IslandProvidence, RI501(c)(3)Donations$10,000
First Parish of NorwellNorwell, MA501(c)(3)Donations$10,000
Galloway United Methodist ChurchJackson, MS501(c)(3)Donations$10,000
Givedirectly IncNew York, NY501(c)(3)Donations$10,000
KING'S CHAPELBoston, MA501(c)(3)Donations$10,000
Macalester CollegeSt Paul, MN501(c)(3)Donations$10,000
National Public RadioWashington Dc, DC501(c)(3)Donations$10,000
Natural Resources Council of MaineAugusta, ME501(c)(3)Donations$10,000
New England Wildlife CenterSouth Weymouth, MA501(c)(3)Donations$10,000
North and South Rivers WatershedNorwell, MA501(c)(3)Donations$10,000
Northeast Hospital CorporationBeverly, MA501(c)(3)Donations$10,000
Northeastern UniversityBoston, MA501(c)(3)Donations$10,000
Oxfam AmericaBoston, MA501(c)(3)Donations$10,000
Sherrill HouseBoston, MA501(c)(3)Donations$10,000
The Animal Rescue League of BostonBoston, MA501(c)(3)Donations$10,000
The Trustees of ReservationsBoston, MA501(c)(3)Donations$10,000
The Wildlands TrustPlymouth, MA501(c)(3)Donations$10,000
Trinity SchoolAtlanta, GA501(c)(3)Donations$10,000
Tufts UniversityMedford, MA501(c)(3)Donations$10,000
WgbhBoston, MA501(c)(3)Donations$10,000
Peterborough Library CampaignPeterborough, NH501(c)(3)Donations$9,990
St Michael & All Angels EpiscopalDallas, TX501(c)(3)Donations$9,898
Fine Arts RadioMonroe, CT501(c)(3)Donations$9,000
Peabody Essex MuseumSalem, MA501(c)(3)Donations$8,500
ROSIE'S PLACEBoston, MA501(c)(3)Donations$8,145
Belmont Hill SchoolBelmont, MA501(c)(3)Donations$8,000
Youth Continuum IncNew Haven, CT501(c)(3)Donations$8,000
Church of the AdventPort Chester, NY501(c)(3)Donations$7,577
Camp Harbor View FoundationBoston, MA501(c)(3)Donations$7,500
Columbia Law SchoolNew York, NY501(c)(3)Donations$7,500
Commonwealth Zoological CorpBoston, MA501(c)(3)Donations$7,500
Disabled American VeteransNewbury, MA501(c)(3)Donations$7,500
Home for Little WanderersBoston, MA501(c)(3)Donations$7,500
Monadnock at HomeNew Ipswich, NH501(c)(3)Donations$7,500
South Shore Health SystemsSouth Weymouth, MA501(c)(3)Donations$7,500
Thompson Island Outward Bound EducationBoston, MA501(c)(3)Donations$7,500
Vineyard Committee on HungerVineyard Haven, MA501(c)(3)Donations$7,500
Partners in HealthBrewer, ME501(c)(3)Donations$7,000
The Skating Club of BostonNorwood, MA501(c)(3)Donations$6,173
Friends of the Scituate Animal ShelterClayville, RI501(c)(3)Donations$6,146
Deerfield AcademyDeerfield, MA501(c)(3)Donations$6,021
Asian Art MuseumSan Francisco, CA501(c)(3)Donations$6,000
Derby Academy TrusteesHingham, MA501(c)(3)Donations$6,000
La Grua CenterStonington, CT501(c)(3)Donations$6,000
New England Forestry FoundationLittleton, MA501(c)(3)Donations$6,000
Trustees of Princeton UniversityPrinceton, NJ501(c)(3)Donations$6,000
Bosoma Dance CompanySouth Hamilton, MA501(c)(3)Donations$5,085
Berkshire SchoolSheffield, MA501(c)(3)Donations$5,036
The Cambridge School of WestonWeston, MA501(c)(3)Donations$5,029
Albuquerque Health Care for the HomelessAlbuquerque, NM501(c)(3)Donations$5,000
Amistad MissionNashville, TN501(c)(3)Donations$5,000
Ammonoosuc Conservation TrustFranconia, NH501(c)(3)Donations$5,000
BOSTON CHILDREN'S HOSPITAL TRUSTBoston, MA501(c)(3)Donations$5,000
Bainbridge Island Land TrustBainbridge Island, WA501(c)(3)Donations$5,000
Baltimore SymphonyBaltimore, MD501(c)(3)Donations$5,000
Boston Chinatown Neighborhood CenterBoston, MA501(c)(3)Donations$5,000
Change the World Kids IncWoodstock, VT501(c)(3)Donations$5,000
Cohasset Local Education FoundationCohasset, MA501(c)(3)Donations$5,000
College GuildBrunswick, ME501(c)(3)Donations$5,000
College VisionsProvidence, RI501(c)(3)Donations$5,000
Colorado CollegeColorado Springs, CO501(c)(3)Donations$5,000
Commonwealth SchoolBoston, MA501(c)(3)Donations$5,000
Emergency Action NetworkBrunswick, ME501(c)(3)Donations$5,000
Employee Ownership FoundationWashington Dc, DC501(c)(3)Donations$5,000
Farrington Memorial IncLincoln, MA501(c)(3)Donations$5,000
George Y Pocock Rowing FoundationSeattle, WA501(c)(3)Donations$5,000
Harvard University (seas)Boston, MA501(c)(3)Donations$5,000
Helpline HouseBainbridge Island, WA501(c)(3)Donations$5,000
Island Autism Group IncEdgartown, MA501(c)(3)Donations$5,000
Jumpstart for Young ChildrenBoston, MA501(c)(3)Donations$5,000
MARTHA'S VINEYARD CEREBRAL PALSEY CAMPVineyard Haven, MA501(c)(3)Donations$5,000
Manchester Essex Conservation TrustManchester, MA501(c)(3)Donations$5,000
Marylanddc Nature ConservancyBethesda, MD501(c)(3)Donations$5,000
Massachusetts AudubonLincoln, MA501(c)(3)Donations$5,000
Massachusetts General HospitalSomerville, MA501(c)(3)Donations$5,000
Museum of ScienceBoston, MA501(c)(3)Donations$5,000
New England AquariumBoston, MA501(c)(3)Donations$5,000
New Urban ArtsProvidence, RI501(c)(3)Donations$5,000
North Florida Land TrustJacksonville, FL501(c)(3)Donations$5,000
Our Sisters SchoolNew Bedford, MA501(c)(3)Donations$5,000
Pacific Northwest BalletSeattle, WA501(c)(3)Donations$5,000
Reality MinistriesDurham, NC501(c)(3)Donations$5,000
ST PAUL'S EPISCOPAL CHURCHNewburyport, MA501(c)(3)Donations$5,000
ST PETER'S EPISCOPAL CHURCHWestwood, MA501(c)(3)Donations$5,000
San Francisco Food BankSan Francisco, CA501(c)(3)Donations$5,000
Save the BayOakland, CA501(c)(3)Donations$5,000
Sentinel Primary CareRaleigh, NC501(c)(3)Donations$5,000
Skidmore CollegeSaratoga Springs, NY501(c)(3)Donations$5,000
Society for the Preservation of New England AntiquitiesBoston, MA501(c)(3)Donations$5,000
Sustainable PrincetonPrinceton, NJ501(c)(3)Donations$5,000
Sweet Briar CollegeSweet Briar, VA501(c)(3)Donations$5,000
Textile Center of MinnesotaMinneapolis, MN501(c)(3)Donations$5,000
The Church of Redeemer of BaltimoreBaltimore, MD501(c)(3)Donations$5,000
The Friends of Oak Bluffs Council onOak Bluffs, MA501(c)(3)Donations$5,000
The Sea Education AssociationFalmouth, MA501(c)(3)Donations$5,000
The Sustainability LaboratoryNew York, NY501(c)(3)Donations$5,000
Trustees of Amherst CollegeAmherst, MA501(c)(3)Donations$5,000
Umass Medical School FoundationShrewbury, MA501(c)(3)Donations$5,000
Vermont FoodbankBarre, VT501(c)(3)Donations$5,000
Woonsquatucket Valley Community BuildProvidence, RI501(c)(3)Donations$5,000
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
No
Business relationship with 35% controlled entity
No
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

The president, cfo, and the current trustees were provided a draft of form 990 for review and comment. Form 990 was then finalized and signed by a trustee.

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

In addition to completing the annual conflict of interest questionnaire, covered persons are required to disclose actual or potential conflicts when they arise. The procedures for the trustees to evaluate conflicts, approve transactions, and carry out enforcement are set forth in the policy.

Form 990, Part VI, Section C, Line 19

Office visit or upon request.

Filing and Contact Details

Filer

Filer Name
Fiduciary Charitable Foundation
EIN
04-6649138
Phone
6172926766
Address
CO FIDUCIARY TRUST CO PO BOX 558, BOSTON, MA 02205-5806

Signing Officer

Name
Peter Rv Brown
Title
Trustee
Phone
6172926766
Signed
2021-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Eckler
Formed
1990
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Wolf & Company Pc
Address
255 STATE STREET, BOSTON, MA 02109
Preparer
Harry a Kalajian Jr CPA
Phone
6174399700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation does not provide for federal or state income taxes as it has received a tax determination from the irs classifying it as a public charity exempt from income taxes under section 501(c)(3) of the internal revenue code. The foundation follows the accounting guidance regarding the recognition, measurement, presentation and disclosure of uncertain tax positions in the financial statements. Tax positions taken or expected to be taken in the course of preparing the foundation's tax returns, including the position that the foundation qualifies as a tax exempt entity, are required to be evaluated to determine whether the tax positions are "more-likely-than-not" of being sustained by the applicable tax authorities. Tax positions not deemed to meet a more-likely-than-not threshold would be recorded in the financial statements. There are no uncertain tax positions that require accrual or disclosure at december 31, 2020 and 2019. No income tax related interest or penalties were incurred in 2020 or 2019. The foundation's federal and state tax filings are subject to review and audit by taxing authorities for the years ended december 31, 2017 through 2020.

Raw XML AppendixShowing 400 of 2,149 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION DOES NOT PROVIDE FOR FEDERAL OR STATE INCOME TAXES AS IT HAS RECEIVED A TAX DETERMINATION FROM THE IRS CLASSIFYING IT AS A PUBLIC CHARITY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE REGARDING THE RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS. TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS, INCLUDING THE POSITION THAT THE FOUNDATION QUALIFIES AS A TAX EXEMPT ENTITY, ARE REQUIRED TO BE EVALUATED TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITIES. TAX POSITIONS NOT DEEMED TO MEET A MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED IN THE FINANCIAL STATEMENTS. THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ACCRUAL OR DISCLOSURE AT DECEMBER 31, 2020 AND 2019. NO INCOME TAX RELATED INTEREST OR PENALTIES WERE INCURRED IN 2020 OR 2019. THE FOUNDATION'S FEDERAL AND STATE TAX FILINGS ARE SUBJECT TO REVIEW AND AUDIT BY TAXING AUTHORITIES FOR THE YEARS ENDED DECEMBER 31, 2017 THROUGH 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/CashGrantAmt12825000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$112$0.00$112$61.1$57.8$3.23
2023Summary only. Only limited summary data is available for this year.$109$0.00$109$52.4$51.5$0.91
2022Summary only. Only limited summary data is available for this year.$115$0.00$115$36.4$29.3$7.12
2021Summary only. Only limited summary data is available for this year.$117$0.00$117$104$7.27$96.3
2020Detailed filing. Detailed filing data is available for this year.$21.2$0.00$21.2$19.6$5.32$14.3
2019Summary only. Only limited summary data is available for this year.$6.39$0.00$6.39$7.15$5.35$1.80
2018Summary only. Only limited summary data is available for this year.$4.59$0.00$4.59$6.10$5.90$0.20
2017Summary only. Only limited summary data is available for this year.$4.40$0.00$4.40$7.83$4.04$3.79
2016Summary only. Only limited summary data is available for this year.$0.61$0.00$0.61$2.73$2.68$0.05
2015Summary only. Only limited summary data is available for this year.$0.56$0.00$0.56$5.43$5.22$0.21
2014Summary only. Only limited summary data is available for this year.$0.34$0.00$0.34$6.26$6.31$0.04
2013Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$4.28$4.31$0.02
2012Summary only. Only limited summary data is available for this year.$0.41$0.00$0.41$6.98$6.74$0.24
2011Summary only. Only limited summary data is available for this year.$0.16$0.00$0.16$3.01$3.04$0.03
2010Summary only. Only limited summary data is available for this year.$0.19$0.00$0.19$3.22$3.13$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $25M-$50M nonprofits