Form990-PF
Click to see list of attachments

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 01-01-2018 , and ending 12-31-2018
Name of foundation
The Hyams Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)50 Federal Street 9th Floor
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Boston, MA02110
A Employer identification number

04-6013680
B Telephone number (see instructions)

(617) 426-5600
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$128,820,885J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 6,511 6,511  
4 Dividends and interest from securities... 993,377 993,377  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,082,068
b Gross sales price for all assets on line 6a 10,053,624
7 Capital gain net income (from Part IV, line 2)... 4,046,192
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 2,003,475 1,906,698  
12 Total. Add lines 1 through 11........ 7,085,431 6,952,778  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 475,560 73,174   402,386
14 Other employee salaries and wages...... 812,200 32,488   779,712
15 Pension plans, employee benefits....... 307,754 12,310   295,444
16a Legal fees (attach schedule)......... Click to see attachment 4,892     4,892
b Accounting fees (attach schedule)....... Click to see attachment 57,479 42,068   9,602
c Other professional fees (attach schedule).... Click to see attachment 1,126,389 475,197   547,774
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 109,049      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 209,374 8,375   201,172
21 Travel, conferences, and meetings....... 295,294 1,660   289,884
22 Printing and publications.......... 1,864 75   1,426
23 Other expenses (attach schedule)....... Click to see list of attachments 1,035,319 806,943   125,655
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,435,174 1,452,290   2,657,947
25 Contributions, gifts, grants paid....... 4,604,466 4,374,466
26 Total expenses and disbursements. Add lines 24 and 25 9,039,640 1,452,290   7,032,413
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,954,209
b Net investment income (if negative, enter -0-) 5,500,488
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............. 212,126 205,338 205,338
2 Savings and temporary cash investments......... 2,414,617 8,041,465 8,041,465
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.......... 104,559 43,210 43,210
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 25,655,171 Click to see attachment26,397,885 26,397,885
c Investments—corporate bonds (attach schedule)....... 20,193,822 Click to see attachment19,316,373 19,316,373
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 93,562,805 Click to see attachment70,750,102 70,750,102
14 Land, buildings, and equipment: basis bullet253,888
Less: accumulated depreciation (attach schedule) bullet253,888      
15 Other assets (describe bullet) Click to see attachment3,973,515 Click to see attachment4,066,512 Click to see attachment4,066,512
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 146,116,615 128,820,885 128,820,885
Liabilities 17 Accounts payable and accrued expenses..........   195,061
18 Grants payable................. 1,285,000 1,450,000
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) Click to see attachment439,306 Click to see attachment197,989
23 Total liabilities (add lines 17 through 22)......... 1,724,306 1,843,050
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.................. 25,963,727 8,549,253
25 Temporarily restricted............... 39,991,393 39,991,393
26 Permanently restricted............... 78,437,189 78,437,189
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 144,392,309 126,977,835
31 Total liabilities and net assets/fund balances (see instructions). 146,116,615 128,820,885
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
144,392,309
2
Enter amount from Part I, line 27a .....................
2
-1,954,209
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
196,324
4
Add lines 1, 2, and 3 ..........................
4
142,634,424
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
15,656,589
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
126,977,835
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 Publicly traded securities      
b Capital gain distributions      
c Passthrough K-1 capital gain      
d Covalent Capital Partners (Offshore) LP P 2017-01-01 2018-04-25
e Gruss DV Fund Ltd P 2017-01-01 2018-12-31
Kestral Venture Partners LP P 2017-01-01 2018-01-15
Tucker Anthony Private Equity Fund IV LP P 2017-01-01 2018-06-18
Victory Global Natural Resource Fd Cl Y P 2017-01-01 2018-11-27
(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 729,841   639,026 90,815
b 715,926     715,926
c 3,167,209     3,167,209
d 2,120,066   1,717,900 402,166
e 2,298,100   2,282,082 16,018
14,513   150,704 -136,191
28,942   9,642 19,300
979,027   1,208,078 -229,051
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       90,815
b       715,926
c       3,167,209
d       402,166
e       16,018
      -136,191
      19,300
      -229,051
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 4,046,192
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 7,264,031 136,162,027 0.05335
2016 6,714,897 128,401,448 0.05230
2015 6,826,088 137,026,292 0.04982
2014 6,653,452 141,158,828 0.04714
2013 6,853,046 141,544,328 0.04842
2
Total of line 1, column (d) .....................
2
0.251011
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
0.050202
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
136,120,892
5
Multiply line 4 by line 3......................
5
6,833,541
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
55,005
7
Add lines 5 and 6........................
7
6,888,546
8
Enter qualifying distributions from Part XII, line 4,.............
8
7,032,413
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 55,005
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  
3 Add lines 1 and 2........................... 3 55,005
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 55,005
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 87,244
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 87,244
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 53
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 32,186
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet32,186 RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    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 addressbulletwww.hyamsfoundation.org
    14
    The books are in care ofbulletMark Paley Telephone no.bullet (617) 426-5600

    Located atbullet50 Federal Street 9th FloorBostonMA ZIP+4bullet02110
    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
     
    No
    ........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
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    Penn Loh Chair/Trustee
    5.00     		26,650    
    50 Federal Street 9th Fl
    Boston,MA02110
    Lily Mendez-Morgan Co-Ch/A. Clk/Tr
    2.00     		18,660    
    50 Federal Street 9th Fl
    Boston,MA02110
    Willma Davis Treasurer/Trust
    2.00     		20,000    
    50 Federal Street 9th Fl
    Boston,MA02110
    Omar Simmons Asst Treas/Trus
    2.00     		16,000    
    50 Federal Street 9th Fl
    Boston,MA02110
    Iris Gomez Clerk/Trustee
    2.00     		16,000    
    50 Federal Street 9th Fl
    Boston,MA02110
    Julie Goodridge Trustee
    2.00     		16,000    
    50 Federal Street 9th Fl
    Boston,MA02110
    Lucas H Guerra Trustee
    2.00     		16,000    
    50 Federal Street 9th Fl
    Boston,MA02110
    Rahsaan Hall Trustee
    2.00     		16,000    
    50 Federal Street 9th Fl
    Boston,MA02110
    Karen L Mapp Trustee
    2.00     		20,000    
    50 Federal Street 9th Fl
    Boston,MA02110
    Martella Wilson-Taylor Trustee
    2.00     		20,690    
    50 Federal Street 9th Fl
    Boston,MA02110
    Jocelyn Sargent Executive Dir.
    40.00     		289,560 44,842  
    50 Federal Street 9th Fl
    Boston,MA02110
    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
    Mark Paley Dir of Adm/Fin
    40.00     		229,289 46,315  
    50 Federal St 9th Fl
    Boston,MA02110
    David Moy Sr Prog Offic
    40.00     		135,743 36,904  
    50 Federal St 9th Fl
    Boston,MA02110
    Maria L Mulkeen Prog Officer
    40.00     		96,022 18,200  
    50 Federal St 9th Fl
    Boston,MA02110
    Nahir Torres Prog Officer
    40.00     		95,645 18,554  
    50 Federal St 9th Fl
    Boston,MA02110
    Sergio Marin Prog Officer
    40.00     		91,269 19,169  
    50 Federal St 9th Fl
    Boston,MA02110
    Total number of other employees paid over $50,000...................bullet 1
    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
    Cambridge Associates Investmt consulting 346,126
    125 High Street
    Boston,MA02110
    Vicki Rosenberg & Associates Exec coaching 93,875
    PO Box 116
    Saugatuck,MI49453
    Sanderson International Value Fund Investment mgmt 93,087
    250 South Wacker Drive
    Chicago,IL60606
    Supriya Pillai Event planning 70,000
    PO Box 3580
    Berkeley,CA94703
    The MassINC Polling Group Inc Research 110,670
    11 Beacon Street Suite 500
    Boston,MA02108
    Total number of others receiving over $50,000 for professional services.............bullet4
    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.........................bullet  
    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
    47,070,350
    b
    Average of monthly cash balances.......................
    1b
    3,982,163
    c
    Fair market value of all other assets (see instructions)................
    1c
    87,141,286
    d
    Total (add lines 1a, b, and c).........................
    1d
    138,193,799
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    138,193,799
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,072,907
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    136,120,892
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,806,045
    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
    6,806,045
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    55,005
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    3,549
    c
    Add lines 2a and 2b............................
    2c
    58,554
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,747,491
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    6,747,491
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,747,491
    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
    7,032,413
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    7,032,413
    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
    55,005
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,977,408
    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 6,747,491
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015...... 100,780
    d From 2016...... 340,413
    e From 2017...... 547,732
    fTotal of lines 3a through e........ 988,925
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 7,032,413
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 6,747,491
    e Remaining amount distributed out of corpus 284,922
    5 Excess distributions carryover applied to 2018.    
    (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 1,273,847
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,273,847
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 100,780
    c Excess from 2016.... 340,413
    d Excess from 2017.... 547,732
    e Excess from 2018.... 284,922
    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:
    David Moy Interim Executive Directo
    50 Federal Street 9th Floor
    Boston,MA02110
    (617) 426-5600
    bThe form in which applications should be submitted and information and materials they should include:
    See www.hyamsfoundation.org/apply/applyonline.aspx for information regarding grant applications.
    cAny submission deadlines:
    There are no deadlines.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The Foundation does not make grants to individuals, educational institutions for their standard educational or capital programs, municipal, state or federal agencies, hospitals and health center capital campaigns, religious organizations for sectarian religious purposes (although the Foundation will consider proposals for social ministry and/or community organizing programs of faith-based organizations), curriculum development, video and film production, scholarships, and conferences (unless related to grantees' core work), or to capital campaigns.
    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
    AAPIP
    300 Frank H Ogawa Plaza 256
    Oakland,CA94612     		N/A PC General support 2,500
    ACLU Foundation of Massachusetts
    211 Congress Street 3rd Floor
    Boston,MA02110     		N/A PC General support 25,000
    African Community Economic Dev of N
    89 South Street
    Boston,MA02111     		N/A PC Community identified issues 40,000
    Allied Media Projects
    4126 Third Street
    Detroit,MI48201     		N/A PC Racial justice policy 10,000
    Alternatives for Community and Envi
    2201 Washington Street 302
    Roxbury,MA02119     		N/A PC Important racial justice issues 51,000
    Amalgamated Charitable Foundation I
    1825 K St NW
    Washington,DC20006     		N/A PC Community identified issues 100,000
    American Jewish Committee
    One Liberty Square 300
    Boston,MA02109     		N/A PC General support 5,000
    Asian American Civic Association In
    87 Tyler Street 5th Floor
    Boston,MA02111     		N/A PC General support 5,000
    Asian American Resource Workshop In
    42 Charles Street D
    Dorchester,MA02122     		N/A PC Community identified issues 70,000
    Association of Black Foundation Exe
    42 Broadway 20th Floor
    New York,NY10004     		N/A PC General support 27,500
    Bams Fest
    1452 Dorchester Ave 4
    Boston,MA02122     		N/A PC General support 5,000
    Bend the Arc
    330 7th Ave 19th Floor
    New York,NY10001     		N/A PC Community identified issues 26,500
    Bikes Not Bombs
    284 Amory Street
    Jamaica Plain,MA02130     		N/A PC Community identified issues 35,000
    Black Economic Council of Massachus
    100 Franklin Street 600
    Boston,MA02110     		N/A PC General support 10,000
    Black Economic Justice Institute
    1229 River Street
    Hyde Park,MA02136     		N/A PC Important racial justice issues 50,000
    Boston Education Development Founda
    7 Palmer Street 2nd floor
    Roxbury,MA02119     		N/A PC General support 10,000
    Boston Private Industry Council Inc
    2 Oliver Street
    Boston,MA02109     		N/A PC Important racial justice issues 65,000
    Boston Tenant Coalition Inc
    11 Beacon Street 510
    Boston,MA02108     		N/A PC Important racial justice issues 55,000
    Brazilian Women's Group Inc
    697 Cambridge Street 106
    Brighton,MA02135     		N/A PC Important racial justice issues 40,000
    Brazilian Worker Center Inc
    14 Harvard Avenue 2nd Floor
    Allston,MA02134     		N/A PC Important racial justice issues 50,000
    Bridges USA
    477 N Fifth Street
    Memphis,TN38105     		N/A PC Racial justice policy 52,000
    Brigham and Women's Hospital Inc
    75 Francis Street
    Boston,MA02115     		N/A PC Racial justice policy 10,000
    Center for Labor Education Research
    375 Centre Street
    Jamaica Plain,MA02130     		N/A PC Community identified issues 125,000
    Centro Presente Inc
    12 Bennington Street 202
    Boston,MA02128     		N/A PC Community identified issues 45,000
    Chelsea Collaborative Inc
    318 Broadway
    Chelsea,MA02150     		N/A PC Important racial justice issues 100,000
    Chinese Progressive Association
    28 Ash Street
    Boston,MA02111     		N/A PC Community identified issues 205,000
    Citizens of the World Inc
    340 Harvard Street
    Cambridge,MA02139     		N/A PC General support 5,000
    Civic Nation
    727 15th St NW 3rd Floor
    Washington,DC20005     		N/A PC General support 25,000
    CommonWealth Kitchen
    196 Quincy Street
    Dorchester,MA02121     		N/A PC Racial justice policy 15,000
    Community Change Inc
    14 Beacon Street 605
    Boston,MA02108     		N/A PC General support 5,000
    Community Labor United Inc
    6 Beacon Street 910
    Boston,MA02108     		N/A PC Important racial justice issues 165,000
    Concerned Black Men of Massachusett
    136 Warren Street 7
    Boston,MA02119     		N/A PC General support 20,000
    Confluence Philanthropy Inc
    475 Riverside Drive 900
    New York,NY10115     		N/A PC General support 5,000
    Council on Foundations
    2121 Crystal Drive 700
    Arlington,VA22202     		N/A PC General support 21,100
    Dudley Street Neighborhood Initiati
    550 Dudley Street
    Roxbury,MA02119     		N/A PC Racial justice policy 25,000
    Emerson College
    120 Boylston Street
    Boston,MA02116     		N/A PC Racial justice policy 15,000
    Fenway Community Development Corp
    70 Burbank Street
    Boston,MA02115     		N/A PC Important racial justice issues 50,000
    Foundation Financial Officers Group
    19 Mantua Road
    Mt Royal,NJ08061     		N/A PC General support 1,550
    Four Corners Action Coalition Inc
    367 Washington Street
    Dorchester,MA02124     		N/A PC Important racial justice issues 200,000
    Fourth Presbyterian Church
    340 Dorchester Street
    South Boston,MA02127     		N/A PC Community identified issues 30,000
    Friends of St Stephen's Youth Progr
    419 Shawmut Avenue
    Boston,MA02118     		N/A PC Community identified issues 41,000
    GCIR
    Post Office Box 1100
    Sebastopol,CA95473     		N/A PC General support 3,000
    Grantmakers for Education
    720 SW Washington Street 605
    Portland,OR97205     		N/A PC General support 2,250
    Grantmakers for Effective Organizat
    1310 L Street NW 650
    Washington,DC20005     		N/A PC General support 3,190
    Greater Boston Interfaith Organizat
    PO Box 190892
    Roxbury,MA02119     		N/A PC Important racial justice issues 60,000
    GreenRoots Inc
    227 Marginal St 1
    Chelsea,MA02150     		N/A PC Community identified issues and racial j 56,000
    Handel Haydn Society
    9 Harcourt Street
    Boston,MA02116     		N/A PC Racial justice policy 30,000
    Haymarket Peoples Fund Inc
    42 Seaverns Avenue
    Jamaica Plain,MA02130     		N/A PC Racial justice policy 10,000
    Health Resources in Action
    2 Boylston St 4th floor
    Boston,MA02116     		N/A PC Community identified issues 35,000
    Highlander Research Education Cente
    1959 Highlander Way
    New Market,TN37820     		N/A PC Racial justice policy 1,500
    Homes for Families Inc
    43 Bowdoin Street A
    Boston,MA02114     		N/A PC Important racial justice issues 50,000
    Immigrant Family Services Institute
    575 American Legion Hwy
    Roslindale,MA02131     		N/A PC Community identified issues 30,000
    InnerCity Struggle
    124 North Townsend Ave
    Los Angeles,CA90063     		N/A PC Racial justice policy 1,500
    Inquilinos Boricuas en Accion
    405 Shawmut Avenue
    Boston,MA02118     		N/A PC General support 10,000
    John F Kennedy Library Foundation I
    Columbia Point
    Boston,MA02125     		N/A PC General support 40,000
    Lawyers for Civil Rights
    61 Batterymarch St 5th Floor
    Boston,MA02110     		N/A PC Important racial justice issues 75,000
    MA Affordable Housing Alliance Inc
    1803 Dorchester Avenue
    Dorchester,MA02124     		N/A PC Important racial justice issues 50,000
    MA Coalition for Occu Safety Health
    1532B Dorchester Ave
    Boston,MA02122     		N/A PC Important racial justice issues 130,000
    MA Immigrant Refugee Adv Coalition
    105 Chauncy Street 901
    Boston,MA02111     		N/A PC General support 20,000
    MACDC
    15 Court Square 600
    Boston,MA02108     		N/A PC Important racial justice issues 50,000
    Mass Communities Action Network
    14 Cushing Avenue
    Dorchester,MA02125     		N/A PC Important racial justice issues 140,000
    Mass LEAP Inc
    549 Columbus Avenue
    Boston,MA02118     		N/A PC Racial justice policy 1,000
    Mass Mentoring Partnership Inc
    75 Kneeland Street 11th floor
    Boston,MA02111     		N/A PC Community identified issues 30,000
    Massachusetts Advocates for Childre
    25 Kingston Street 2nd Floor
    Boston,MA02111     		N/A PC Important racial justice issues 45,000
    Massachusetts Budget and Policy Cen
    One State Street 1250
    Boston,MA02109     		N/A PC Community identified issues 50,000
    Massachusetts Law Reform Institute
    40 Court Street 800
    Boston,MA02108     		N/A PC General support 10,000
    Massachusetts Legal Assistance Corp
    18 Tremont Street 1010
    Boston,MA02108     		N/A PC Community identified issues 100,000
    Massachusetts Nonprofit Network
    89 South Street 603
    Boston,MA02111     		N/A PC General support 300
    Massachusetts Senior Action Council
    108 Myrtle Street 112
    Quincy,MA02171     		N/A PC Community identified issues 60,000
    Massachusetts Voter Education Netwo
    41 West Street 700
    Boston,MA02111     		N/A PC Racial justice policy 1,000
    MassINC
    11 Beacon Street 500
    Boston,MA02108     		N/A PC Important racial justice issues 25,000
    Mission Investor Exchange
    2101 Fourth Avenue 650
    Seattle,WA98121     		N/A PC General support 3,000
    Momentum Community
    2901 S Harcourt Ave
    Los Angeles,CA90016     		N/A PC General support 10,000
    More Boston Inc
    52 Bassett Road
    Brockton,MA02301     		N/A PC General support 5,000
    Movement Strategy Center
    436 14TH Street 5th Floor
    Oakland,CA94612     		N/A PC Racial justice policy and rapid response 87,000
    Museum of African American History
    14 Beacon Street 401
    Boston,MA02108     		N/A PC General support 25,000
    Muslim American Society of Boston
    100 Malcolm X Boulevard
    Roxbury,MA02119     		N/A PC Community identified issues 35,000
    Muslim Justice League
    51 Melcher Street
    Boston,MA02210     		N/A PC Community identified issues 30,000
    National Center for Race Amity
    200 The Riverway
    Boston,MA02215     		N/A PC General support 25,000
    National Committee for Responsive P
    1900 L Street NW 825
    Washington,DC20036     		N/A PC General support 3,000
    National Queer Asian Pacific Allian
    Old Chelsea Station PO Box 1277
    New York,NY10113     		N/A PC Rapid response 10,000
    Neighbor to Neighbor MA Education F
    15 Court Square 345
    Boston,MA02108     		N/A PC Important racial justice issues 45,000
    Neighborhood Funders Group Inc
    436 14th Street 425
    Oakland,CA94612     		N/A PC Racial justice policy 38,000
    NEO Philanthropy Inc
    45 W 36th St 6th Floor
    New York,NY10018     		N/A PC General support 4,000
    New England Blacks in Philanthropy
    101 Federal Street 1900
    Boston,MA02110     		N/A PC General support 1,500
    New Venture Fund
    1201 Connecticut Ave NW 300
    Washington,DC20036     		N/A PC Important racial justice issues 55,000
    PEAK Grantmaking
    1666 K Street NW 440
    Washington,DC20006     		N/A PC General support 5,000
    Philanthropy Massachusetts
    133 Federal Street 802
    Boston,MA02110     		N/A PC Racial justice policy 52,000
    Proteus Fund
    15 Research Drive B
    Amherst,MA01002     		N/A PC Community identified issues 25,000
    Race Forward
    32 Broadway 1801
    New York,NY10004     		N/A PC General support 50,000
    Restaurant Opportunities Centers Un
    275 Seventh Avenue 1703
    New York,NY10001     		N/A PC Important racial justice issues 40,000
    Right to the City Alliance
    388 Atlantic Avenue 2nd Fl
    Brooklyn,NY11217     		N/A PC Important racial justice issues 50,000
    South Boston en Accion Inc
    10 Logan Way Basement
    South Boston,MA02127     		N/A PC Community identified issues 45,000
    Spontaneous Celebrations Inc
    45 Danforth Street
    Jamaica Plain,MA02130     		N/A PC Community identified issues 40,000
    The American City Coalition
    2136 Washington Street
    Roxbury,MA02119     		N/A PC Racial justice policy 5,000
    The Boston Foundation
    75 Arlington Street 10th FL
    Boston,MA02116     		N/A PC Racial justice policy 576
    The City School
    614 Columbia Road
    Dorchester,MA02125     		N/A PC Important racial justice issues and poli 100,000
    The Lenny Zakim Fund
    33 Arch Street 26th Floor
    Boston,MA02110     		N/A PC Important racial justice issues 50,000
    The Partnership Inc
    155 Seaport Boulevard 13thFloor
    Boston,MA02210     		N/A PC General support 10,000
    The Praxis Project
    1001 Connecticut Ave NW 201
    Washington,DC20036     		N/A PC Rapid response 15,500
    Third Sector New England Inc
    89 South Street 700
    Boston,MA02111     		N/A PC Community identified and racial justice 260,000
    Urban Revival Inc
    PO Box 300107
    Jamaica Plain,MA02130     		N/A PC Important racial justice issues 105,000
    UTEC Inc
    15 Warren Street No 3
    Lowell,MA01852     		N/A PC Racial justice policy 1,000
    Vietnamese American Initiative for
    42 Charles Street E
    Dorchester,MA02122     		N/A PC Community identified issues 25,000
    Youth Policy Institute of Iowa
    6200 Aurora Avenue 206E
    Des Moines,IA50322     		N/A PC General support 5,000
    YouthBuild USA Inc
    58 Day Street
    Somerville,MA02144     		N/A PC Important racial justice issues 151,000
    Total .................................bullet 3a 4,374,466
    bApproved for future payment
    Asian American Resource Workshop In
    42 Charles Street D
    Dorchester,MA02122     		N/A PC Community identified issues 40,000
    Brazilian Worker Center Inc
    14 Harvard Avenue 2nd Floor
    Allston,MA02134     		N/A PC Important racial justice issues 50,000
    Center for Labor Education Research
    375 Centre Street
    Jamaica Plain,MA02130     		N/A PC Important racial justice issues 50,000
    Centro Presente Inc
    12 Bennington Street 202
    Boston,MA02128     		N/A PC Community identified issues 45,000
    Chinese Progressive Association
    28 Ash Street
    Boston,MA02111     		N/A PC Important racial justice issues 75,000
    CommonWealth Kitchen
    196 Quincy Street
    Dorchester,MA02121     		N/A PC Important racial justice issues 50,000
    Data for Black Lives Inc
    193 Brookline St Apt 1R
    Cambridge,MA02139     		N/A PC Racial justice policy 25,000
    GreenRoots Inc
    227 Marginal St 1
    Chelsea,MA02150     		N/A PC Community identified issues 55,000
    Hyde Square Task Force Inc
    30 Sunnyside Street
    Jamaica Plain,MA02130     		N/A PC Community identified issues 50,000
    Immigrant Family Services Institute
    575 American Legion Highway
    Roslindale,MA02131     		N/A PC Community identified issues 30,000
    Lawyers for Civil Rights
    61 Batterymarch St 5th Floor
    Boston,MA02110     		N/A PC Important racial justice issues 50,000
    MA Coalition for Occu Safety Health
    1532B Dorchester Ave
    Boston,MA02122     		N/A PC Important racial justice issues 65,000
    MA Immigrant Refugee Adv Coalition
    105 Chauncy Street 901
    Boston,MA02111     		N/A PC Important racial justice issues 75,000
    Massachusetts Senior Action Council
    108 Myrtle Street 112
    Quincy,MA02171     		N/A PC Community identified issues 60,000
    Muslim American Society of Boston
    100 Malcolm X Boulevard
    Roxbury,MA02119     		N/A PC Community identified issues 35,000
    Restaurant Opportunities Centers Un
    275 Seventh Avenue 1703
    New York,NY10001     		N/A PC Important racial justice issues 40,000
    Right to the City Alliance
    388 Atlantic Avenue 2nd Fl
    Brooklyn,NY11217     		N/A PC Important racial justice issues 50,000
    The Boston Foundation
    75 Arlington Street 10th FL
    Boston,MA02116     		N/A PC Community identified and racial justice 360,000
    The City School
    614 Columbia Road
    Dorchester,MA02125     		N/A PC Important racial justice issues 145,000
    The Lenny Zakim Fund
    33 Arch Street 26th Floor
    Boston,MA02110     		N/A PC Important racial justice issues 50,000
    Third Sector New England Inc
    89 South Street 700
    Boston,MA02111     		N/A PC Important racial justice issues 50,000
    Total .................................bullet 3b 1,450,000
    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
    aInterest from PRI/MRIs         41,665
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 6,511  
    4 Dividends and interest from securities....     14 993,377  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		525990 35,876 18 4,046,192  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aIRC 965(a) income     		    1 9,904  
    bPartnership income 525990 87,939 14 1,862,794  
    cTax refunds     1 1,173  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 123,815 6,919,951 41,665
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,085,431
    (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.)
    1a Interest earned from loans to low-income housing development projects which further the Foundation's mission of increasing economic, racial and social justice and power within low-income communities in Boston and Chelsea, Massachusetts.
    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: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Audit of financial statements 3,015 2,111 0 904
    Bookkeeping for investments 22,214 18,882 0 3,298
    Tax compliance 32,250 21,075 0 5,400

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    233,031 DoubleLine Total Return Bd Fd I 2,428,186 2,428,186
    819,006 Vanguard Inter-Term Inv-Gr Adm 7,690,465 7,690,465
    842,282 Vanguard Inter-Term Treasury Adm 9,197,722 9,197,722

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    280 3M Co 53,351 53,351
    250 Advance Auto Parts Inc 39,365 39,365
    595 Albemarle Corp 45,857 45,857
    140 Alphabet Inc Cl C 144,985 144,985
    385 American Water Works Co Inc 34,946 34,946
    590 Analog Devices Inc 50,640 50,640
    240 Aon PLC 34,886 34,886
    1,000 Apple Inc 157,740 157,740
    980 Applied Materials Inc 32,085 32,085
    375 AptarGroup Inc 35,276 35,276
    40,582 Ariel Fund Instl Cl 2,244,584 2,244,584
    1,115 Avangrid Inc 55,850 55,850
    445 Baxter International Inc 29,290 29,290
    155 Biogen Inc 46,643 46,643
    29 Booking Holdings Inc 49,950 49,950
    355 Bristol-Myers Squibb Co 18,453 18,453
    106,157 Brown Cap Mgmt Intl Small Co Fd 1,513,800 1,513,800
    220 Carlisle Companies Inc 22,114 22,114
    289,328 Causeway Emerging Markets Inst 3,298,345 3,298,345
    615 Cimarex Energy Co 37,915 37,915
    685 Citigroup Inc 35,661 35,661
    1,235 Citizens Financial Group 36,717 36,717
    150 CME Group Inc 28,218 28,218
    345 Cognizant Tech Solutions Cl A 21,901 21,901
    475 Colgate-Palmolive Co 28,272 28,272
    245 Costco Wholesale Corp 49,909 49,909
    236,744 CRA Qualified Investment Fd Inst 2,438,466 2,438,466
    360 Crown Castle Intl Corp 39,107 39,107
    375 Cummins Inc 50,115 50,115
    460 Danaher Corp 47,435 47,435
    300 Ecolab Inc 44,205 44,205
    465 Emerson Electric Co 27,784 27,784
    500 EOG Resources Inc 43,605 43,605
    1,845 Equinor ASA 39,059 39,059
    265 Estee Lauder Cos Inc Cl A 34,477 34,477
    1,365 Fifth Third Bancorp 32,118 32,118
    170 Ford Motor Co 1,301 1,301
    332,218 Frontier MFG Global Equity Fd 5,531,427 5,531,427
    1,885 Hannon Armstrong SIC 35,909 35,909
    775 HD Supply Holdings Inc 29,078 29,078
    370 Home Depot Inc 63,573 63,573
    110 Intuit Inc 21,653 21,653
    540 Johnson & Johnson 69,687 69,687
    970 JPMorgan Chase & Co 94,691 94,691
    450 Kansas City Southern 42,952 42,952
    1,050 Merck Co Inc 80,230 80,230
    1,635 Microsoft Corp 166,067 166,067
    270 Mohawk Industries Inc 31,579 31,579
    1,105 Mondelez International 44,233 44,233
    1,110 Morgan Stanley 44,012 44,012
    620 Northern Tr Corp 51,826 51,826
    795 Novo Nordisk A/S ADR 36,626 36,626
    710 Oracle Corporation 32,057 32,057
    270 PepsiCo Inc 29,830 29,830
    355 PNC Financial Services Group Inc 41,503 41,503
    340 PPG Industries Inc 34,758 34,758
    465 PVH Corp 43,222 43,222
    115 Regeneron Pharmaceuticals Inc 42,953 42,953
    395 Royal Caribbean Cruises Ltd 38,627 38,627
    855 Southwest Airlines Co 39,740 39,740
    530 The Walt Disney Co 58,115 58,115
    190 UnitedHealth Group Inc 47,333 47,333
    1,400 Vanguard Balanced Index Fund Adm 46,195 46,195
    36,890 Vanguard Inst Index Fund Inst 8,394,323 8,394,323
    1,606 Verizon Communications Inc 90,289 90,289
    765 Visa Inc Cl A 100,934 100,934
    165 Waters Corp 31,127 31,127
    1,780 Weyerhaeuser Co 38,911 38,911

    TY 2018 InvestmentsOtherSchedule2
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    57 Stars Global Opp Fund 3 Blocker LP FMV 987,411 987,411
    AACP Tax Exempt Investors II LP FMV 1,165,190 1,165,190
    AACP Tax-Exempt Investors III LP FMV 732,907 732,907
    AACP Tax-Exempt Investors V LP FMV 61,777 61,777
    Asia Alternatives Delaware III LP FMV 21,770 21,770
    Axiom International Equity Fund FMV 4,376,625 4,376,625
    Brightwood Capital Fund IV-U LP FMV 609,022 609,022
    CA Resources Fund LP - Series Bain X FMV 279,435 279,435
    CF Capital Int PE Partners VI LP FMV 318,638 318,638
    CF Capital Natural Res Partners IX LP FMV 873,153 873,153
    CF Capital Natural Res Partners VII LP FMV 189,418 189,418
    CF Capital Private Equity Partners IV LP FMV 60,994 60,994
    CF Capital Private Equity Partners V LP FMV 93,470 93,470
    CF Capital Venture Partners V LP FMV 50,934 50,934
    CF Capital Venture Partners VI LP FMV 122,502 122,502
    CF Capital Venture Partners VII LP FMV 212,514 212,514
    CF Capital Venture Partners VIII LP FMV 661,038 661,038
    Covalent Capital Partners (Offshore) LP FMV 212,066 212,066
    Doddington Global Fund LLC FMV 4,766,716 4,766,716
    Dover Street IX Cayman Fund LP FMV 567,747 567,747
    Dover Street VIII Cayman Fund LP FMV 206,337 206,337
    Fir Tree International Val Fd (USTE) LP FMV 1,239,332 1,239,332
    Genesis Emerging Markets Limited Ptrs FMV 5,346,082 5,346,082
    Grain Communications Opp Fund II LP FMV 46,013 46,013
    Gruss DV Fund Ltd Cl O FMV 37,700 37,700
    HBK Multi-Strategy Offshore Fund Ltd FMV 3,167,024 3,167,024
    HHR Atlas Ltd FMV 1,645,737 1,645,737
    Iridian Private Business Val Eqty Fd LP FMV 5,441,843 5,441,843
    Japan Chickadee Fund Ltd FMV 1,532,967 1,532,967
    Kabouter International Opp Fund II LLC FMV 3,930,348 3,930,348
    Knighthead Offshore Fund Ltd FMV 2,731,221 2,731,221
    LCP VII (OFFSHORE) LP FMV 447,089 447,089
    Legacy Venture V (QP) LLC FMV 1,941,057 1,941,057
    Legacy Venture VI (QP) LLC FMV 1,683,708 1,683,708
    Metropolitan RE Partners Global II LP FMV 99,020 99,020
    Metropolitan RE Partners Global IV LP FMV 192,303 192,303
    Metropolitan RE Partners Int II LP FMV 79,323 79,323
    Metropolitan Real Estate Ptrs IV-A LP FMV 530,893 530,893
    Pennant Windward Fund Ltd FMV 306,967 306,967
    PSC Luxembourg Holdings LLC FMV 4,554 4,554
    PSC Natural Resource Fund II AIV LP FMV 17,634 17,634
    PSC Natural Resource Fund II LP FMV 97,900 97,900
    PSC Natural Resource Fund III AIV LP FMV 10,174 10,174
    PSC Natural Resource Fund III LP FMV 579,571 579,571
    PSC Natural Resource Fund IV LP FMV 291,400 291,400
    PSC Natural Resource Fund V LP FMV 722,613 722,613
    PSC Private Equity Fund IX LP FMV 594,200 594,200
    PSC Private Equity Fund V LP FMV 102,186 102,186
    PSC Private Equity Fund VI LP FMV 227,421 227,421
    PSC Private Equity Fund VII LP FMV 267,671 267,671
    PSC Private Equity Fund VIII LP FMV 507,018 507,018
    PSC Private Equity Fund X LP FMV 1,277,976 1,277,976
    Scopia PX International Limited FMV 1,631,127 1,631,127
    Siguler Guff Distressed Opp Fund II LP FMV 19,801 19,801
    Siguler Guff Distressed Opp Fund III LP FMV 177,637 177,637
    Siguler Guff Distressed Opp Fund IV LP FMV 432,621 432,621
    SJF Ventures IV LP FMV 276,031 276,031
    Somerset Emerging Mkts Small Cap Fd LLC FMV 2,559,968 2,559,968
    TA X LP FMV 18,365 18,365
    The Sanderson International Value Fund FMV 6,753,410 6,753,410
    Thomas H Lee (Alternative) Fund VI LP FMV 12,446 12,446
    Thomas H Lee Equity Fund VI LP FMV 236,794 236,794
    TrueBridge-Kauffman Fellows End Fd III FMV 1,438,468 1,438,468
    TrueBridge-Kauffman Fellows End Fd IV FMV 804,037 804,037
    Tucker Anthony Private Equity Fd III LP FMV 6,099 6,099
    Wellington CTF STRATEGIC REAL ASSET FMV 2,429,182 2,429,182
    White Elm Capital Offshore Ltd FMV 2,377,533 2,377,533

    TY 2018 LandEtcSchedule2
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Machinery and Equipment 228,097 228,097    
    Improvements 25,791 25,791    


    TY 2018 LegalFeesSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General governance and counsel 4,892 0 0 4,892


    TY 2018 OtherDecreasesSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Unrealized decline in value of investments 15,656,589


    TY 2018 OtherExpensesSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank and credit card fees 1,043 42   1,380
    Computer maintenance 26,737 222   26,515
    Equipment 11,070     11,070
    Insurance 8,548 342   8,206
    Internet 2,873 115   2,611
    Office expense 31,396 1,256   30,076
    Partnership expenses 894,419 791,487    
    Payroll fees 2,784     2,784
    Postage & delivery fees 3,054 122   2,932
    Software expense 45,170 13,100   32,070
    Telephone 6,424 257   6,210
    Web design & maintenance 1,801     1,801


    TY 2018 OtherIncomeSchedule2
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Interest from PRI/MRIs 41,665 41,665  
    IRC 965(a) income 9,904 9,904  
    Partnership income 1,950,733 1,855,129  
    Tax refunds 1,173    


    TY 2018 OtherIncreasesSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Change in deferred tax liability 196,324


    TY 2018 OtherLiabilitiesSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value
    Cumulative deferred excise tax 439,306 197,989


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment and custodial fees 483,659 475,197 0 0
    Philanthropic consulting 642,730 0 0 547,774


    TY 2018 TaxesSchedule
    Name:
    The Hyams Foundation Inc
    EIN:
    04-6013680
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax 109,049