Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 06-01-2018 , and ending 05-31-2019
Name of foundation
Albert Shapiro Fund Inc
c/o Eileen C Shapiro
Number and street (or P.O. box number if mail is not delivered to street address)975 Memorial Drive No 804
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Cambridge, MA02138
A Employer identification number

52-1300277
B Telephone number (see instructions)

(617) 495-0020
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,208,232J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 145,099
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 153,106 153,106  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 464,812
b Gross sales price for all assets on line 6a 2,661,416
7 Capital gain net income (from Part IV, line 2)... 464,812
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,904 1,904  
12 Total. Add lines 1 through 11........ 764,921 619,822  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 466 0   0
b Accounting fees (attach schedule)....... Click to see attachment 4,575 4,575   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 25,439 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 21,784 21,784   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 52,264 26,359   0
25 Contributions, gifts, grants paid....... 365,772 365,772
26 Total expenses and disbursements. Add lines 24 and 25 418,036 26,359   365,772
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 346,885
b Net investment income (if negative, enter -0-) 593,463
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 179,900 305,459 305,459
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 173,891 Click to see attachment225,159 228,909
b Investments—corporate stock (attach schedule)....... 2,077,732 Click to see attachment1,518,794 1,417,561
c Investments—corporate bonds (attach schedule)....... 905,881 Click to see attachment796,826 800,176
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,564,089 Click to see attachment3,402,140 5,456,127
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,901,493 6,248,378 8,208,232
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 5,901,493 6,248,378
30 Total net assets or fund balances (see instructions)..... 5,901,493 6,248,378
31 Total liabilities and net assets/fund balances (see instructions). 5,901,493 6,248,378
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,901,493
2
Enter amount from Part I, line 27a .....................
2
346,885
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,248,378
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,248,378
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a ADOBE INC. P 2017-04-12 2019-05-28
b ADOBE INC. P 2017-04-12 2018-06-08
c AETNA INC NEW COM P 2010-05-10 2018-09-06
d AETNA INC NEW COM P 2010-06-25 2018-09-07
e AETNA INC NEW COM P 2010-06-25 2018-09-07
AIA GROUP LTD SPONSORED ADR P 2018-06-12 2019-04-23
AIR LIQUIDE ADR P 2018-06-12 2019-04-23
ALCON INC ORD SHS P 2018-06-12 2019-04-30
ALCON INC ORD SHS P 2018-07-19 2019-04-23
ALIBABA GROUP HLDG LTD SPONSORED ADS P 2018-06-12 2019-04-23
ALKERMES PLC SHS P 2018-09-11 2018-11-02
ALKERMES PLC SHS P 2013-10-10 2018-11-02
ALLERGAN PLC SHS P 2016-05-11 2019-01-29
ALLIANCE DATA SYSTEMS CORP COM P 2013-01-14 2019-04-15
ALLIANCE DATA SYSTEMS CORP COM P 2010-04-14 2019-04-15
ALLIANCE DATA SYSTEMS CORP COM P 2010-07-08 2018-08-24
ALLIANCE DATA SYSTEMS CORP COM P 2010-07-08 2018-08-27
ALLIANCE DATA SYSTEMS CORP COM P 2013-06-24 2018-08-23
ALLIANCE DATA SYSTEMS CORP COM P 2010-07-08 2018-08-24
ALLIANCE DATA SYSTEMS CORP COM P 2010-07-08 2018-08-23
ALLIANCE DATA SYSTEMS CORP COM P 2010-07-08 2018-08-24
ALLIANCE DATA SYSTEMS CORP COM P 2016-12-28 2018-12-06
ALLIANCE DATA SYSTEMS CORP COM P 2018-09-11 2018-12-06
ALPHABET INC CAP STK CL A P 2012-02-01 2019-05-28
ALPHABET INC CAP STK CL C P 2016-07-12 2019-05-28
AMADEUS IT HLDG S A ADS P 2018-06-12 2019-04-23
AMAZON.COM INC COM P 2014-08-05 2019-05-28
AMAZON.COM INC COM P 2014-08-05 2018-06-08
AMERICAN EXPRESS CO COM P 2015-04-27 2018-06-20
AMERICAN EXPRESS CO COM P 2016-01-12 2018-06-20
AMERICAN EXPRESS CO COM P 2016-01-12 2018-06-20
AMERICAN TOWER CORPORATION P 2016-09-28 2019-05-28
AMERICAN TOWER CORPORATION P 2016-09-28 2019-03-26
AMERICAN TOWER CORPORATION P 2016-09-29 2018-11-01
AMERICAN TOWER CORPORATION P 2016-09-28 2018-12-18
AMERICAN TOWER CORPORATION P 2016-09-29 2018-12-07
AMERICAN TOWER CORPORATION P 2017-10-23 2018-10-31
ANALOG DEVICES INC COM P 2018-12-28 2019-05-28
APPLE INC COM P 2014-04-10 2019-04-04
APPLE INC COM P 2011-05-23 2019-05-28
ASML HOLDING N V NYREGISTRY SHS P 2018-06-12 2019-04-23
ASSA ABLOY AB ADR P 2018-06-12 2019-04-23
AUTOMATIC DATA PROCESSING INC COM P 2010-04-27 2019-05-28
BAE SYS PLC SPONSORED ADR P 2018-06-12 2019-04-23
BANCO SANTANDER SA ADR P 2018-06-12 2019-04-23
BANCO SANTANDER SA ADR P 2018-06-12 2018-12-03
BARCLAYS ETN SELECT MLP ETN P 2015-02-23 2019-03-29
BHP GROUP LIMITED P 2018-06-12 2019-04-23
BLACKROCK INC COM P 2018-08-27 2019-05-28
BOEING CO COM P 2013-01-28 2019-04-02
BOEING CO COM P 2013-01-17 2019-05-28
BROOKFIELD ASSET MGMT INC VOTING SHS P 2018-06-12 2019-04-23
BROWN FORMAN CORP CL B P 2013-01-28 2018-06-22
BROWN FORMAN CORP CL B P 2016-12-28 2018-06-22
CANADIAN NATL RY CO COM P 2018-06-12 2019-04-23
CAPITAL ONE FINL CORP COM P 2013-04-05 2019-05-28
CHEVRON CORP NEW COM P 2018-08-27 2019-05-28
CHUBB LTD COM P 2018-06-12 2019-04-23
CHURCH & DWIGHT INC COM P 2016-12-28 2019-01-09
CIGNA CORP NEW USD P 2012-03-22 2019-01-18
CIGNA CORP NEW USD P 2013-01-28 2019-05-28
CISCO SYS INC COM P 2017-08-15 2019-05-28
CISCO SYS INC SR NT P 2012-03-23 2019-02-15
CITIGROUP INC COM NEW P 2017-07-31 2019-05-28
COGNIZANT TECH SOLUTIONS CRP COM P 2013-01-28 2019-05-03
COGNIZANT TECH SOLUTIONS CRP COM P 2018-09-11 2018-09-14
COLGATE PALMOLIVE CO COM P 2016-11-10 2018-10-29
COLGATE PALMOLIVE CO COM P 2016-11-10 2018-10-29
COMCAST CORP CL A P 2014-12-22 2019-05-07
COMCAST CORP CL A P 2014-11-11 2019-05-28
CONTINENTAL AG SPONSORED ADR P 2018-06-12 2019-04-23
CVS HEALTH CORP COM P 2010-06-25 2019-04-02
CVS HEALTH CORP COM P 2019-01-29 2019-04-02
DAIKIN INDS LTD ADR P 2018-06-12 2019-04-23
DANAHER CORP COM P 2017-06-20 2019-05-28
DANSKE BK ADR P 2018-06-12 2018-08-10
DBS GROUP HLDGS LTD SPONSORED ADR P 2018-08-10 2019-04-23
DEUTSCHE BOERSE ADR P 2018-06-12 2019-04-23
DIAGEO PLC SPONSORED ADR NEW P 2018-06-12 2019-04-23
DIAGEO PLC SPONSORED ADR NEW P 2018-06-12 2019-02-12
DOLLAR GEN CORP NEW COM P 2013-01-28 2019-05-28
DOW INC COM P 2018-06-08 2019-04-30
DOW INC COM P 2018-06-08 2019-05-28
DOWDUPONT INC COM P 2018-06-08 2019-05-28
DU PONT E I DE NEMOURS & CO SR NT P 2018-01-16 2018-11-29
ECOLAB INC COM P 2019-01-02 2019-05-28
EOG RES INC COM P 2017-03-06 2019-05-28
EURONET WORLDWIDE INC COM P 2018-06-12 2019-04-23
EURONET WORLDWIDE INC COM P 2018-06-12 2018-12-17
EXPEDIA INC DEL COM NEW P 2017-10-23 2019-05-28
EXPRESS SCRIPTS HLDG CO COM P 2013-01-28 2018-12-20
FANUC LTD JAPAN ADR P 2018-06-12 2019-04-23
FIDELITY NATL INFORMATION SVCS INC P 2018-02-07 2019-05-28
FISERV INC COM P 2010-05-10 2019-01-02
FISERV INC COM P 2010-04-14 2019-05-28
FISERV INC COM P 2016-12-28 2018-09-14
FOMENTO ECONOMICO MEXICANO SAB SPON P 2018-06-12 2019-04-23
FORTIVE CORP COM P 2017-03-13 2019-05-28
GARRETT MOTION INC COM P 2018-06-14 2018-10-26
GARRETT MOTION INC COM P 2017-04-12 2018-11-05
GARRETT MOTION INC COM P 2018-06-14 2018-11-01
GLENCORE PLC ADR P 2018-06-12 2019-04-23
GRIFOLS S A SP ADR REP B NVT P 2018-06-12 2019-04-23
HANESBRANDS INC COM P 2018-09-11 2018-11-02
HANESBRANDS INC COM P 2016-12-28 2018-11-02
HANESBRANDS INC COM P 2016-12-28 2018-11-02
HARBOR INTERNATIONAL FUND INST #2011 P 2017-12-18 2018-06-12
HDFC BANK LTD ADR REPS 3 SHS P 2018-06-12 2019-04-23
HEXAGON AB ADR P 2019-02-12 2019-04-23
HOME DEPOT INC COM P 2013-11-12 2019-05-28
HOME DEPOT INC COM P 2013-11-12 2018-07-27
HOME DEPOT INC COM P 2013-11-12 2018-07-26
HONEYWELL INTERNATIONAL INC COM P 2017-10-23 2019-05-28
HSBC HLDGS PLC SPONSORED ADR NEW P 2018-06-12 2019-04-23
ICON PLC SHS P 2018-06-12 2019-04-23
ICON PLC SHS P 2018-06-12 2018-06-29
INTERCONTINENTAL EXCHANGE, INC COM P 2018-02-07 2019-05-28
INTERCONTINENTAL HOTELS GROUP PLC P 2018-06-12 2019-01-30
INTERCONTINENTAL HOTELS GROUP PLC P 2018-06-12 2019-04-23
INTERXION HOLDING SHS P 2018-06-12 2019-04-23
INTERXION HOLDING SHS P 2018-06-12 2018-08-17
JD COM INC SPON ADR CL A P 2018-06-12 2018-11-21
JOHNSON & JOHNSON COM P 2010-10-08 2019-05-22
JOHNSON & JOHNSON COM P 2017-07-31 2019-05-28
JPMORGAN CHASE & CO COM P 2013-06-24 2019-05-28
JULIUS BAER GROUP LTD ADR P 2018-06-12 2019-04-23
KINDER MORGAN INC DEL COM P 2015-11-04 2019-03-13
KINDER MORGAN INC DEL COM P 2015-11-04 2019-03-13
KINDER MORGAN INC DEL COM P 2016-03-04 2019-05-28
LAS VEGAS SANDS CORP COM P 2018-06-12 2019-04-23
LINDE PLC COM P 2010-04-14 2019-05-28
LINE CORP SPONSORED ADR P 2018-06-12 2018-11-01
LIVENT CORP COM P 2014-06-06 2019-03-22
LKQ CORP COM P 2018-09-11 2019-02-14
LONDON STK EXCHANGE GROUP P 2018-06-12 2019-04-23
LUXOTTICA GROUP S P A SPONSORED ADR P 2018-06-12 2019-03-25
LVMH MOET HENNESSY LOU VUITTON ADR P 2018-06-12 2019-04-23
MARRIOTT VACATIONS WRLDWDE CP COM P 2018-11-02 2018-12-06
MEDTRONIC PLC SHS P 2018-05-10 2019-05-28
MELLANOX TECHNOLOGIES LTD SHS P 2019-02-14 2019-05-20
MERCADOLIBRE INC COM P 2018-06-12 2019-04-23
MERCK & CO INC NEW COM P 2010-08-23 2019-05-28
MERCK & CO INC NEW COM P 2013-06-24 2018-12-11
MICROSOFT CORP COM P 2015-08-27 2019-05-28
MONSTER BEVERAGE CORP NEW COM P 2018-09-11 2019-03-21
MONSTER BEVERAGE CORP NEW COM P 2016-12-28 2018-09-14
NEW ORIENTAL ED & TECH GRP INC SPON P 2018-11-01 2019-04-23
NEXTERA ENERGY INC COM P 2015-08-12 2019-01-17
NEXTERA ENERGY INC COM P 2015-08-12 2019-05-28
NEXTERA ENERGY INC COM P 2015-08-12 2019-01-17
NEXTERA ENERGY INC COM P 2015-08-12 2018-10-26
NIDEC CORP SPONSORED ADR P 2018-06-12 2019-04-23
NOVARTIS AG SPONSORED ADR P 2018-07-19 2019-04-23
NTT DOCOMO INC SPONS ADR P 2018-06-12 2019-04-23
NVENT ELECTRIC PLC SHS P 2017-01-31 2018-06-22
NVENT ELECTRIC PLC SHS P 2016-11-18 2018-06-22
NVENT ELECTRIC PLC SHS P 2017-01-31 2018-06-22
OCCIDENTAL PETE CORP COM P 2018-09-13 2019-05-28
ORACLE CORP COM P 2013-06-24 2019-05-28
ORACLE CORP COM P 2013-07-11 2018-12-18
PEPSICO INC COM P 2016-11-14 2019-05-28
PIONEER NAT RES CO COM P 2017-02-01 2019-05-28
PRAXAIR INC COM P 2013-06-24 2018-10-31
PRUDENTIAL FINL INC COM P 2014-06-19 2019-05-28
PRUDENTIAL FINL INC COM P 2014-06-19 2019-05-06
PRUDENTIAL FINL INC COM P 2014-06-19 2019-05-06
QUALCOMM INC COM P 2015-06-11 2019-05-28
RAYTHEON CO COM NEW P 2018-08-27 2019-05-28
RED HAT INC COM P 2017-10-06 2019-01-08
RED HAT INC COM P 2017-04-18 2019-01-08
RED HAT INC COM P 2018-09-11 2019-03-21
RED HAT INC COM P 2018-09-11 2019-03-21
RESIDEO TECHNOLOGIES INC COM P 2018-06-14 2018-11-13
RESIDEO TECHNOLOGIES INC COM P 2018-06-14 2018-12-20
REXNORD CORP NEW COM P 2015-01-13 2019-01-08
REXNORD CORP NEW COM P 2018-09-11 2019-01-08
RITCHIE BROS AUCTIONEERS COM P 2018-06-12 2019-04-23
ROYAL DUTCH SHELL PLC ADR B P 2018-06-12 2019-04-23
SCHLUMBERGER LTD COM P 2018-06-12 2019-04-23
SCHWAB CHARLES CORP NEW COM P 2019-05-06 2019-05-28
SEVEN & I HLDGS CO LTD ADR P 2018-06-12 2019-04-23
SIEMENS A G SPONSORED ADR P 2018-06-12 2019-04-23
SKYWORKS SOLUTIONS INC COM P 2011-08-16 2019-01-09
SKYWORKS SOLUTIONS INC COM P 2018-09-11 2019-01-09
SMITH & NEPHEW PLC-SPON ADR P 2018-06-12 2019-04-23
STANLEY BLACK & DECKER INC COM P 2018-09-11 2018-11-01
STRYKER CORP COM P 2012-06-05 2019-05-28
STRYKER CORP COM P 2012-06-05 2018-06-13
SUNCOR ENERGY INC NEW COM P 2018-06-12 2019-04-23
SYMRISE AG ADR P 2018-06-12 2019-04-23
SYSMEX CORP ADR P 2018-06-12 2019-04-23
T MOBILE US INC COM P 2018-05-14 2019-05-28
TAIWAN SEMICONDUCTOR MFG CO LTD P 2018-06-12 2019-04-23
TENCENT HLDGS LTD ADR P 2018-06-12 2019-04-23
THERMO FISHER CORP COM P 2015-07-14 2019-05-28
TJX COS INC NEW COM P 2017-08-21 2019-05-28
TJX COS INC NEW COM P 2012-03-22 2018-06-08
TOKIO MARINE HOLDINGS INC ADR P 2018-06-12 2019-04-23
ULTIMATE SOFTWARE GROUP INC COM P 2019-01-08 2019-02-14
UNILEVER N V NEW YORK SHS NEW P 2014-12-22 2019-05-07
UNION PAC CORP COM P 2015-11-10 2019-05-28
UNITED TECHNOLOGIES CORP COM P 2018-02-13 2019-05-28
UNITEDHEALTH GROUP INC COM P 2010-06-25 2019-05-28
US BANCORP DEL COM NEW P 2014-08-25 2019-05-28
VALVOLINE INC COM P 2016-12-28 2018-08-17
VALVOLINE INC COM P 2014-01-10 2018-08-17
VALVOLINE INC COM P 2014-01-10 2018-08-17
VANGUARD DEVELOPED MARKETS INDEX P 2017-11-14 2018-08-22
VF CORP COM P 2013-06-24 2019-05-28
VISA INC COM CL A P 2016-11-10 2019-05-28
VULCAN VALUE PARTNERS SMALL CAP INV P 2017-05-23 2018-09-11
WELLS FARGO & CO NEW COM P 2018-05-10 2019-05-28
WHIRLPOOL CORP COM P 2016-12-28 2018-07-25
YUM CHINA HLDGS INC COM P 2018-06-12 2019-04-23
ZOETIS INC CL A P 2018-12-11 2019-05-28
Capital Gains Dividends P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,253   996 1,257
b 13,055   6,705 6,350
c 44,273   6,630 37,643
d 8,937   1,271 7,666
e 17,881   2,524 15,357
8,757   7,802 955
5,672   5,626 46
23   19 4
880   788 92
7,503   8,383 -880
7,405   8,416 -1,011
785   632 153
34,984   64,211 -29,227
16,868   9,532 7,336
1,471   599 872
4,739   1,128 3,611
6,705   1,580 5,125
6,897   3,121 3,776
948   226 722
2,133   508 1,625
2,133   508 1,625
2,210   2,082 128
2,769   3,661 -892
1,152   292 860
4,591   2,886 1,705
5,835   6,141 -306
7,366   1,245 6,121
16,857   3,111 13,746
1,650   1,315 335
25,887   18,314 7,573
487   320 167
2,242   1,235 1,007
10,698   6,191 4,507
2,914   2,148 766
10,423   7,204 3,219
15,542   10,493 5,049
15,678   13,425 2,253
1,954   1,718 236
137,121   52,843 84,278
3,752   1,004 2,748
6,132   6,300 -168
5,573   5,543 30
2,600   623 1,977
4,637   6,349 -1,712
5,506   6,259 -753
2   2 0
50,000   74,632 -24,632
5,842   5,462 380
2,604   2,913 -309
10,939   2,060 8,879
1,794   368 1,426
3,265   2,818 447
2,441   1,236 1,205
2,904   1,801 1,103
4,598   4,069 529
1,996   1,195 801
2,024   2,040 -16
5,831   5,554 277
5,045   2,445 2,600
153   144 9
2,377   2,915 -538
3,716   2,189 1,527
50,000   52,551 -2,551
2,697   2,867 -170
17,174   9,785 7,389
6,965   5,370 1,595
9,160   10,607 -1,447
13,162   14,582 -1,420
46,815   24,349 22,466
2,600   1,616 984
4,113   6,138 -2,025
784   461 323
32,503   34,083 -1,580
5,919   5,998 -79
3,840   2,486 1,354
8,554   10,671 -2,117
5,866   5,420 446
3,134   3,263 -129
4,933   4,425 508
5,688   5,457 231
1,703   617 1,086
19   23 -4
577   841 -264
1,114   1,665 -551
48,500   50,027 -1,527
1,280   1,019 261
1,314   1,497 -183
6,813   3,938 2,875
4,702   3,938 764
1,742   2,265 -523
50,627   23,229 27,398
5,280   5,695 -415
3,241   2,636 605
15,613   2,830 12,783
2,361   351 2,010
5,526   2,067 3,459
5,083   4,441 642
1,710   1,288 422
12   13 -1
15   13 2
715   658 57
2,307   2,750 -443
6,372   8,272 -1,900
3,344   5,426 -2,082
4,644   7,571 -2,927
112   152 -40
637,777   613,805 23,972
8,733   8,087 646
2,893   2,599 294
2,523   990 1,533
4,174   1,599 2,575
13,169   5,026 8,143
3,664   3,086 578
5,826   6,670 -844
6,527   6,569 -42
5,985   6,033 -48
3,383   2,933 450
17   21 -4
5,447   5,864 -417
5,045   4,951 94
3,911   4,093 -182
4,815   9,623 -4,808
86,683   39,909 46,774
3,067   2,933 134
3,500   1,571 1,929
5,453   7,124 -1,671
4,373   5,959 -1,586
4,510   6,142 -1,632
1,069   1,072 -3
4,912   5,887 -975
2,416   2,125 291
6,519   8,611 -2,092
11   9 2
12,659   13,768 -1,109
5,917   5,617 300
10,059   11,677 -1,618
7,128   6,423 705
4,793   7,208 -2,415
3,138   2,899 239
11,256   10,284 972
7,353   4,543 2,810
1,464   631 833
15,804   7,745 8,059
6,745   2,321 4,424
11,428   4,781 6,647
5,348   2,179 3,169
5,787   3,960 1,827
3,508   2,163 1,345
1,015   541 474
11,066   6,814 4,252
9,735   6,165 3,570
7,097   8,063 -966
6,409   5,926 483
3,593   4,367 -774
1,283   937 346
1,306   954 352
2,135   1,676 459
952   1,384 -432
2,389   1,365 1,024
10,784   7,429 3,355
2,188   1,717 471
1,774   2,154 -380
50,506   27,627 22,879
1,467   1,346 121
2,247   1,974 273
9,898   8,711 1,187
2,392   2,357 35
2,506   2,820 -314
6,120   4,053 2,067
8,911   4,421 4,490
10,760   5,377 5,383
1,095   914 181
15   17 -2
1,691   1,817 -126
2,344   2,687 -343
2,424   2,863 -439
5,532   5,743 -211
5,937   6,468 -531
4,615   6,924 -2,309
1,077   1,158 -81
2,888   3,912 -1,024
3,076   3,546 -470
133   43 90
4,619   3,083 1,536
4,407   4,211 196
11,425   14,154 -2,729
1,478   405 1,073
16,830   5,048 11,782
4,647   5,495 -848
5,531   5,029 502
4,307   7,412 -3,105
2,689   1,979 710
6,155   5,349 806
8,396   8,950 -554
2,438   1,229 1,209
1,487   1,036 451
13,456   3,173 10,283
3,963   3,914 49
9,969   7,736 2,233
46,094   27,998 18,096
2,421   1,185 1,236
3,018   2,894 124
3,701   450 3,251
2,605   2,158 447
2,278   2,019 259
241   200 41
2,100   1,749 351
196,449   200,000 -3,551
1,847   1,026 821
5,460   2,708 2,752
126,490   122,383 4,107
2,580   3,050 -470
12,098   11,793 305
6,584   6,310 274
1,849   1,617 232
15,613     15,613
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,257
b       6,350
c       37,643
d       7,666
e       15,357
      955
      46
      4
      92
      -880
      -1,011
      153
      -29,227
      7,336
      872
      3,611
      5,125
      3,776
      722
      1,625
      1,625
      128
      -892
      860
      1,705
      -306
      6,121
      13,746
      335
      7,573
      167
      1,007
      4,507
      766
      3,219
      5,049
      2,253
      236
      84,278
      2,748
      -168
      30
      1,977
      -1,712
      -753
      0
      -24,632
      380
      -309
      8,879
      1,426
      447
      1,205
      1,103
      529
      801
      -16
      277
      2,600
      9
      -538
      1,527
      -2,551
      -170
      7,389
      1,595
      -1,447
      -1,420
      22,466
      984
      -2,025
      323
      -1,580
      -79
      1,354
      -2,117
      446
      -129
      508
      231
      1,086
      -4
      -264
      -551
      -1,527
      261
      -183
      2,875
      764
      -523
      27,398
      -415
      605
      12,783
      2,010
      3,459
      642
      422
      -1
      2
      57
      -443
      -1,900
      -2,082
      -2,927
      -40
      23,972
      646
      294
      1,533
      2,575
      8,143
      578
      -844
      -42
      -48
      450
      -4
      -417
      94
      -182
      -4,808
      46,774
      134
      1,929
      -1,671
      -1,586
      -1,632
      -3
      -975
      291
      -2,092
      2
      -1,109
      300
      -1,618
      705
      -2,415
      239
      972
      2,810
      833
      8,059
      4,424
      6,647
      3,169
      1,827
      1,345
      474
      4,252
      3,570
      -966
      483
      -774
      346
      352
      459
      -432
      1,024
      3,355
      471
      -380
      22,879
      121
      273
      1,187
      35
      -314
      2,067
      4,490
      5,383
      181
      -2
      -126
      -343
      -439
      -211
      -531
      -2,309
      -81
      -1,024
      -470
      90
      1,536
      196
      -2,729
      1,073
      11,782
      -848
      502
      -3,105
      710
      806
      -554
      1,209
      451
      10,283
      49
      2,233
      18,096
      1,236
      124
      3,251
      447
      259
      41
      351
      -3,551
      821
      2,752
      4,107
      -470
      305
      274
      232
      15,613
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 464,812
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 340,697 7,571,215 0.044999
2016 328,853 6,860,652 0.047933
2015 338,096 6,671,903 0.050675
2014 315,536 7,016,548 0.044970
2013 297,000 6,404,767 0.046372
2
Total of line 1, column (d) .....................
2
0.234949
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.046990
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,982,555
5
Multiply line 4 by line 3......................
5
375,100
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,935
7
Add lines 5 and 6........................
7
381,035
8
Enter qualifying distributions from Part XII, line 4,.............
8
365,772
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 11,869
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 11,869
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,869
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 13,280
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,280
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,411
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,411 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletn/a
    14
    The books are in care ofbulletEileen C Shapiro Telephone no.bullet (617) 868-7898

    Located atbullet975 Memorial DriveCambridgeMA ZIP+4bullet02138
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Eileen C Shapiro President, Treasurer
    0.00     		0 0 0
    975 Memorial Drive Apt 804
    Cambridge,MA02138
    Reuben E Eaves Vice-President, Secretary
    0.00     		0 0 0
    975 Memorial Drive Apt 804
    Cambridge,MA02138
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,816,884
    b
    Average of monthly cash balances.......................
    1b
    287,233
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,104,117
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    8,104,117
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    121,562
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,982,555
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    399,128
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    399,128
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    11,869
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,869
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    387,259
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    387,259
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    387,259
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    365,772
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    365,772
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    365,772
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 387,259
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 365,282
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 365,772
    a Applied to 2017, but not more than line 2a 365,282
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		Click to see attachment0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 490
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		386,769
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Eileen C Shapiro
    975 Memorial Drive Apt 804
    Cambridge,MA02138
    (410) 561-4411
    bThe form in which applications should be submitted and information and materials they should include:
    Letter form
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Charitable - Cultural Institutions
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Boston Landmarks Orchestra
    214 Lincoln Street Suite 331
    Boston,MA02134     		None 501(c)(3) Educational 2,000
    Boston Symphony Orchestra
    301 Massachusetts Ave
    Boston,MA02115     		None 501(c)(3) Educational 15,000
    Boys & Girls Clubs of Boston Inc
    200 High St 3rd Floor
    Boston,MA02110     		None 501(c)(3) EducationEducational 6,000
    Camp Harbor View Foundation Inc
    200 Clarendon St 60th Floor
    Boston,MA02116     		None 501(c)(3) Educational 3,000
    Catholic Schools Foundation Inc
    260 Franklin St Ste 630
    Boston,MA02110     		None 501(c)(3) Educational 75,000
    Catie's Closet
    19 School St
    Dracut,MA01826     		None 501(c)(3) Charitable 2,000
    Charles River Watershed Association Inc
    190 Park Road
    Weston,MA02493     		None 501(c)(3) Educational 5,000
    Fisher House Foundation
    111 Rockville Pike Suite 420
    Rockville,MD20850     		None 501(c)(3) Charitable 5,000
    Franklin W Olin College of Engineering
    Milas Hall 204 Olin Way
    Needham,MA024921200     		None 501(c)(3) Educational 1,000
    Harvard Art Museum
    32 Quincy St
    Cambridge,MA02138     		None 501(c)(3) Educational 5,490
    Harvard Medical School - Neurobiology Graduate Fellowship Fund
    22 Longwood Avenue
    Boston,MA02115     		None 501(c)(3) Educational 75,000
    Injured Marine Semper Fi Fund - Wounded Warrier Center
    825 College Blvd Ste 102
    Oceanside,CA92057     		None 501(c)(3) Charitable 10,000
    Johns Hopkins University - Whiting School of Engineering
    3400 N Charles St
    Baltimore,MD212182694     		None 501(c)(3) Educational 30,000
    Lourdes-Noreen McKeen Residence
    315 S Flager Dr
    West Palm Beach,FL334015613     		None 501(c)(3) Charitable 5,000
    Massachusetts General Hospital - Velmahos Research Fund
    165 Cambridge St Ste 600
    Boston,MA02114     		None 501(c)(3) Medical 15,000
    Mount Auburn Hospital
    330 Mt Auburn St
    Cambridge,MA02138     		None 501(c)(3) Medical 50,000
    Museum of Science
    1 Science Park
    Boston,MA02114     		None 501(c)(3) Educational 20,000
    Pine Street Inn
    444 Harrison Ave
    Boston,MA021182404     		None 501(c)(3) Educational 1,000
    Spaulding Rehabilitation Network - Development Office
    1575 Cambridge Street
    Cambridge,MA02138     		None 501(c)(3) Medical 5,000
    St Francis House - Endowment Fund
    39 Boylston Street
    Boston,MA02116     		None 501(c)(3) Charitable 5,782
    uAspire
    31 Milk St
    Boston,MA02109     		None 501(c)(3) Education Finance 14,500
    United Service Organizations Inc
    PO Box 96860
    Washington,DC200877677     		None 501(c)(3) Charitable 10,000
    United Way of Massachusetts Bay & Merrimack Valley
    51 Sleeper St
    Boston,MA022101208     		None 501(c)(3) Charitable 5,000
    Total .................................bullet 3a 365,772
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 153,106  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 1,904  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 464,812  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 619,822 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    619,822
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    Albert Shapiro Fund Inc
    c/o Eileen C Shapiro
    Employer identification number

    52-1300277
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    Albert Shapiro Fund Inc
    c/o Eileen C Shapiro         		Employer identification number
    52-1300277
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Eileen Shapiro
     
    975 Memorial Drive 804
     
    Cambridge, MA02138

    		$ 86,197


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Eileen Shapiro
     
    975 Memorial Drive 804
     
    Cambridge, MA02138

    		$ 49,915


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Eileen Shapiro
     
    975 Memorial Drive 804
     
    Cambridge, MA02138

    		$ 46,156


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    Eileen Shapiro
     
    975 Memorial Drive 804
     
    Cambridge, MA02138

    		$ 134,929


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    Albert Shapiro Fund Inc
    c/o Eileen C Shapiro         		Employer identification number

    52-1300277
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 630 shares Johnson & Johnson $ 86,197 2019-05-15
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 1,000 shares Comcast Corp. $ 49,915 2019-05-06
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 776 shares Unilever NV $ 46,156 2019-05-06
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 700 shares Apple Inc. $ 134,929 2019-04-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    Albert Shapiro Fund Inc
    c/o Eileen C Shapiro         		Employer identification number

    52-1300277
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 4,575 4,575   0

    TY 2018 AppliedToPriorYearElection
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Election:
    Signed: __________________________________ ___________________ Date __________________________________ Name and Title

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Fixed Income 796,826 800,176

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Securities Account 1,518,794 1,417,561

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    US Government Securities - End of Year Book Value:

    225,159
    US Government Securities - End of Year Fair Market Value:

    228,909
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Alternative Assets AT COST 3,402,140 5,456,127

    TY 2018 LegalFeesSchedule
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal 466 0   0


    TY 2018 OtherExpensesSchedule
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Fees 21,784 21,784   0


    TY 2018 OtherIncomeSchedule2
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Proceeds 1,904 1,904 1,904


    TY 2018 TaxesSchedule
    Name:
    Albert Shapiro Fund Inc
     
    c/o Eileen C Shapiro
    EIN:
    52-1300277
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Fiduciary Income Tax 24,199 0   0
    Foreign Taxes 1,240 0   0