Form990-PF
Click to see attachment

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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2017 , and ending 12-31-2017
Name of foundation
THE SHAPIRO FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)275 GROVE STREET 2-400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWTON, MA02466
A Employer identification number

04-3541595
B Telephone number (see instructions)

(818) 610-2900
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$144,805,348J 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) 10,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 879,792 879,792  
4 Dividends and interest from securities... 1,556,068 1,340,727  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 16,672,313
b Gross sales price for all assets on line 6a 17,680,776
7 Capital gain net income (from Part IV, line 2)... 11,097,011
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 63,383 -155,604  
12 Total. Add lines 1 through 11........ 29,171,556 13,161,926  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 86,132 0   0
15 Pension plans, employee benefits....... 10,000 0   0
16a Legal fees (attach schedule)......... Click to see attachment 964 0   0
b Accounting fees (attach schedule)....... Click to see attachment 4,247 0   0
c Other professional fees (attach schedule)....        
17 Interest............... 1,578,382 1,578,382   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 214,769 3,313   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 36,949 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 120,243 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,051,686 1,581,695   0
25 Contributions, gifts, grants paid....... 6,687,431 6,687,431
26 Total expenses and disbursements. Add lines 24 and 25 8,739,117 1,581,695   6,687,431
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,432,439
b Net investment income (if negative, enter -0-) 11,580,231
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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......... 929,964 579,681 579,681
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)      
b Investments—corporate stock (attach schedule)....... 98,699,793 Click to see attachment119,413,032 144,136,142
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment89,525 Click to see attachment89,525
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 99,629,757 120,082,238 144,805,348
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) Click to see attachment0 Click to see attachment20,042
23 Total liabilities (add lines 17 through 22)......... 0 20,042
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 99,629,757 120,062,196
29 Total net assets or fund balances (see instructions)..... 99,629,757 120,062,196
30 Total liabilities and net assets/fund balances (see instructions). 99,629,757 120,082,238
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
99,629,757
2
Enter amount from Part I, line 27a .....................
2
20,432,439
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
120,062,196
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 29 .
6
120,062,196
Form 990-PF (2019)
Form 990-PF (2019)
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 PASSTHROUGH FROM PAR GROUP, L.P. P    
b PASSTHROUGH FROM PAR GROUP, L.P. P    
c
d
e
(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     671,334 -671,334
b 17,680,776   5,912,431 11,768,345
c
d
e
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       -671,334
b       11,768,345
c
d
e
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 11,097,011
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))
2018 5,452,367 109,297,556 0.049886
2017 3,721,908 74,480,553 0.049972
2016 3,101,403 60,658,500 0.051129
2015 2,822,301 53,760,964 0.052497
2014 1,898,917 36,999,395 0.051323
2
Total of line 1, column (d) .....................
2
0.254807
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
0.050961
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
130,175,119
5
Multiply line 4 by line 3......................
5
6,633,854
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
115,802
7
Add lines 5 and 6........................
7
6,749,656
8
Enter qualifying distributions from Part XII, line 4,.............
8
6,776,956
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 (2019)
Form 990-PF (2019)
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 1 115,802
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........................... 3 115,802
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- ..... 5 115,802
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 3,580
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 119,382
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet   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$ 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
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 2019 or the taxable year beginning in 2019? 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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 ofbulletTHE ORGANIZATION Telephone no.bullet (818) 610-2900

    Located atbullet275 GROVE STREET 2-400NEWTONMA ZIP+4bullet02466
    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 2019, 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    EDWARD L SHAPIRO TRUSTEE
    1.00     		0 0 0
    275 GROVE STREET 2-400
    NEWTON,MA02466
    BARBARA J SHAPIRO TRUSTEE
    1.00     		0 0 0
    275 GROVE STREET 2-400
    NEWTON,MA02466
    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
    LAWRENCE L TOBIN FDTN DIRECTOR
    40.00     		86,132 20,000 0
    31 GREENDALE AVENUE
    NEEDHAM,MA02494
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 INVESTMENT IN MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT PROJECT - A PAY FOR SUCCESS INITIATIVE THAT WILL INCREASE EMPLOYMENT OPPORTUNITIES FOR LIMITED ENGLISH SPEAKERS AND HELP THEM PROGRESS UP THE ECONOMIC LADDER BY PROVIDING WORKFORCE DEVELOPMENT SERVICES. PAY FOR SUCCESS PROVIDES A TOOL FOR RESULTS-BASED GOVERNMENT FINANCING, LEVERAGING EVIDENCE-BASED NONPROFITS AND PRIVATE CAPITAL TO ENABLE GOVERNMENT AND SOCIETY TO RESPOND TO CHRONIC SOCIAL ISSUES. 38,300
    2 LOAN TO SOCIAL FINANCE CT FAMILY OPIOID - THE ORGANIZATION FURTHERS CHARITABLE PUPOSES BY LESSENING THE BURDENS OF THE STATE OF CONNECTICUT BY PROMOTING FAMILY STABILITY AND REDUCING FOSTER CARE UTILIZATION FOR FAMILIES IMPACTED BY PARENTAL SUBSTANCE USE. 51,225
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet89,525
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    131,746,185
    b
    Average of monthly cash balances.......................
    1b
    411,296
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    132,157,481
    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
    132,157,481
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,982,362
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    130,175,119
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,508,756
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,508,756
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    115,802
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
    595,466
    c
    Add lines 2a and 2b............................
    2c
    711,268
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,797,488
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,797,488
    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
    5,797,488
    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
    6,687,431
    b
    Program-related investments—total from Part IX-B..................
    1b
    89,525
    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
    6,776,956
    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
    115,802
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,661,154
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 5,797,488
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 327,437
    b From 2015...... 2,822,301
    c From 2016...... 216,891
    d From 2017...... 219,549
    e From 2018...... 146,814
    fTotal of lines 3a through e........ 3,732,992
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 6,776,956
    a Applied to 2018, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2019 distributable amount..... 5,797,488
    e Remaining amount distributed out of corpus 979,468
    5 Excess distributions carryover applied to 2019. 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 4,712,460
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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) .......     		0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		327,437
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		4,385,023
    10 Analysis of line 9:
    a Excess from 2015.... 2,822,301
    b Excess from 2016.... 216,891
    c Excess from 2017.... 219,549
    d Excess from 2018.... 146,814
    e Excess from 2019.... 979,468
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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).)
    EDWARD L SHAPIRO
    BARBARA J SHAPIRO
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    A KID'S BRAIN TUMOR CURE
    98 RANDOM FARMS DRIVE
    CHAPPAQUA,NY10514     		NONE PUBLIC CHARITY RESEARCH 25,728
    ACTION AGAINST HUNGER
    247 WEST 37TH STREET 10TH FL
    NEW YORK,NY10018     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 10,000
    AFRICAN LEADERSHIP FOUNDATION
    545 SANSOME ST 7TH FLOOR
    SAN FRANCISCO,CA94111     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 10,000
    AGAHOZO-SHALOM YOUTH VILLAGE INC
    498 SEVENTH AVENUE 15TH FL
    NEW YORK,NY10018     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 25,000
    ALEX'S LEMONADE STAND FOUNDATION
    111 PRESIDENTIAL BLVD SUITE 203
    BALA CYNWYD,PA19004     		NONE PUBLIC CHARITY RESEARCH 250
    ALIMA USA
    ONE WHITEHALL ST 2ND FL
    NEW YORK,NY10004     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 10,000
    AMERICAN ALLIANCE OF MUSEUMS
    2451 CRYSTAL DR SUITE 1005
    ARLINGTON,VA22202     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 1,800
    BEAVER COUNTRY DAY SCHOOL
    791 HAMMOND ST
    CHESTNUT HILL,MA02467     		NONE PUBLIC CHARITY EDUCATION 120,000
    BEST BUDDIES INTERNATIONAL INC
    100 SOUTHEAST 2ND ST SUITE 2200
    MIAMI,FL33131     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 180
    BETH ISRAEL DEACONESS MEDICAL CENTER
    148 CHESTNUT STREET
    NEEDHAM,MA02492     		NONE PUBLIC CHARITY RESEARCH 5,000
    BIRTHRIGHT
    79A MAIN STREET
    FRAMINGHAM,MA01702     		NONE PUBLIC CHARITY RELIGIOUS 10,000
    BOSTON #STANDSWITHIMMIGRANTS
    BOSTON
    BOSTON,MA02110     		NONE PUBLIC CHARITY DOMESTIC NEEDS 2,500
    BOSTON CHILDREN'S HOSPITAL
    300 LONGWOOD AVENUE
    BOSTON,MA02115     		NONE PUBLIC CHARITY RESEARCH 457,750
    BOSTON MEDICAL CENTER CORPORATION
    1 BOSTON MEDICAL CENTER PLACE
    BOSTON,MA02118     		NONE PUBLIC CHARITY RESEARCH 260,000
    BOYS AND GIRLS CLUBS OF BOSTON INC
    200 HIGH ST 3RD FL
    BOSTON,MA02110     		NONE PUBLIC CHARITY DOMESTIC NEEDS 10,000
    BRIDGE2RWANDA
    1818 N TAYLOR ST SUITE B PMB 322
    LITTLE ROCK,AR72207     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 58,383
    BROTHERS FOR LIFE
    270 SOUTH HANFORD ST SUITE 207
    SEATTLE,WA98134     		NONE PUBLIC CHARITY DOMESTIC NEEDS 25,000
    BU CTE CENTER
    ONE SILBER WAY
    BOSTON,MA02215     		NONE PUBLIC CHARITY RESEARCH 10,000
    CHILDREN'S HOSPITAL BOSTON
    300 LONGWOOD AVENUE
    BOSTON,MA02115     		NONE PUBLIC HOSPITAL MEDICAL TREATMENT 10,000
    CHILDREN'S MIRACLE NETWORK
    205 WEST 700 SOUTH
    SALT LAKE CITY,UT84101     		NONE PUBLIC CHARITY RESEARCH 1,104
    COLLEGE BOUND DORCHESTER INC
    18 SAMOSET ST
    DORCHESTER,MA02124     		NONE PUBLIC CHARITY DOMESTIC NEEDS 10,000
    COMBINED JEWISH PHILANTHROPIES
    126 HIGH STREET
    BOSTON,MA02110     		NONE PUBLIC CHARITY RELIGIOUS 850,900
    COMMUNITY LEGAL SERVICES
    405 MAIN STREET
    WORCESTER,MA01608     		NONE PUBLIC CHARITY DOMESTIC NEEDS 100,000
    CORPORAL MARK GOYET MEMORIAL FOUNDATION INC
    1713 MIDDLETON PL
    VIRGINIA BEACH,VA23456     		NONE PUBLIC CHARITY DOMESTIC NEEDS 260
    DANA FARBERJIMMY FUND
    450 BROOKLINE AVENUE
    BOSTON,MA02215     		NONE PUBLIC CHARITY RESEARCH 23,450
    FACING HISTORY AND OURSELVES
    16 HURD ROAD
    BROOKLINE,MA02445     		NONE PUBLIC CHARITY EDUCATION 10,000
    FOUNDATION FOR METROWEST
    3 ELIOT STREET
    NATICK,MA01760     		NONE PUBLIC CHARITY DOMESTIC NEEDS 1,000
    FRIENDS OF YEMIN ORDE
    4340 EAST-WEST HWY SUITE 202
    BETHESDA,MD20814     		NONE PUBLIC CHARITY RELIGIOUS 50,000
    GLOBAL IMPACT
    1199 NORTH FAIRFAX ST SUITE 300
    ALEXANDRIA,VA22314     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 100,000
    GREATER BOSTON FOOD BANK
    70 S BAY AVENUE
    BOSTON,MA02118     		NONE PUBLIC CHARITY DOMESTIC NEEDS 1,000
    HEBREW SENIOR LIFE
    1200 CENTRE STREET
    BOSTON,MA02131     		NONE PUBLIC CHARITY DOMESTIC NEEDS 50,000
    HIAS
    1300 SPRING STREET SUITE 500
    SILVER SPRING,MD20910     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 175,000
    HONESTREPORTING USA
    165 EAST 56TH ST 2ND FL
    NEW YORK,NY10022     		NONE PUBLIC CHARITY DOMESTIC NEEDS 6,000
    HORIZONS FOR HOMELESS CHILDREN
    1705 COLUMBUS AVENUE
    ROXBURY,MA02119     		NONE PUBLIC CHARITY DOMESTIC NEEDS 403,250
    HUMANITY RISES INC
    346 CONGRESS ST UNIT 402
    BOSTON,MA02210     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 25,000
    IMAGINATION PRODUCTIONS INC
    11110 WEST OAKLAND PARK BLVD SUITE
    288
    SUNRISE,FL33351     		NONE PUBLIC CHARITY DOMESTIC NEEDS 4,600
    IMMIGRANT LEARNING CENTER
    442 MAIN ST
    MALDEN,MA02148     		NONE PUBLIC CHARITY DOMESTIC NEEDS 1,000
    IN CONTROL CRASH PREVENTION
    PO BOX 174
    LEXINGTON,MA02420     		NONE PUBLIC CHARITY DOMESTIC NEEDS 100
    INTERNATIONAL RESCUE COMMITTEE
    122 EAST 42ND STREET
    NEW YORK,NY10168     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 250,000
    ISRAAID
    7700 OLD GEORGETOWN RD SUITE 700
    BETHESDA,MD20814     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 73,000
    ISRAEL LACROSSE ASSOCIATION INC
    1501 BROADWAY
    NEW YORK,NY10036     		NONE PUBLIC CHARITY DOMESTIC NEEDS 5,000
    JEWCER COMMUNITY FUNDING
    4647 KINGSWELL AVENUE SUITE 148
    LOS ANGELES,CA90027     		NONE PUBLIC CHARITY DOMESTIC NEEDS 18,000
    JEWISH BIG BROTHERS BIG SISTERS OF GREATER BOSTON
    333 NAHANTON STREET
    NEWTON,MA02459     		NONE PUBLIC CHARITY RELIGIOUS 103,786
    JEWISH FAMILY AND CHILDREN'S SERVICES
    1430 MAIN STREET
    WALTHAM,MA02451     		NONE PUBLIC CHARITY RELIGIOUS 60,000
    JFS OF METROWEST
    475 FRANKLIN STREET 101
    FRAMINGHAM,MA01702     		NONE PUBLIC CHARITY DOMESTIC NEEDS 116,203
    JUSTIN J WATT FOUNDATION
    PO BOX 530
    PEWAUKEE,WI53072     		NONE PUBLIC CHARITY DOMESTIC NEEDS 10,000
    JUVENILE DIABETES
    60 WALNUT STREET
    WELLESLEY,MA02481     		NONE PUBLIC CHARITY RESEARCH 7,500
    MAOZ INC
    PO BOX 535788
    GRAND PRAIRIE,TX75053     		NONE PUBLIC CHARITY DOMESTIC NEEDS 200,000
    MASSCHALLENGE
    21 DRYDOCK AVENUE FLOOR 6
    BOSTON,MA02210     		NONE PUBLIC CHARITY DOMESTIC NEEDS 10,000
    NEEDHAM ATHLETIC BOOSTERS CLUB INC
    609 WEBSTER STREET
    NEEDHAM,MA02492     		NONE PUBLIC CHARITY DOMESTIC NEEDS 350
    NEW HORIZONS
    21 WARREN AVENUE
    WOBURN,MA01801     		NONE PUBLIC CHARITY DOMESTIC NEEDS 10,000
    NEWPROFIT
    200 CLARENDON STREET 44TH FLOOR
    BOSTON,MA02116     		NONE PUBLIC CHARITY EDUCATION 250,000
    PARKINSONS UNITY WALK INC
    PO BOX 275
    KINGSTON,NJ08528     		NONE PUBLIC CHARITY DOMWSTIC NEEDS 250
    PARTNERS IN HEALTH
    888 COMMONWEALTH AVENUE 3RD FLOOR
    BOSTON,MA02215     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 400,000
    POLITICAL ASYLUM IMMIGRATION REPRESENTATION PROJECT INC
    98 NORTH WASHINGTON ST SUITE 106
    BOSTON,MA02114     		NONE PUBLIC CHARITY DOMESTIC NEEDS 75,000
    PROJECT BREAD - THE WALK FOR HUNGER INC
    145 BORDER ST
    EAST BOSTON,MA02128     		NONE PUBLIC CHARITY DOMESTIC NEEDS 50
    PROJECT CITIZENSHIP INC
    4 FANEUIL S MKT BLDG 3RD FL
    BOSTON,MA02109     		NONE PUBLIC CHARITY DOMESTIC NEEDS 5,000
    REFUGEPOINT
    689 MASSACHUSETTS AVE 2ND FL
    CAMBRIDGE,MA02139     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 25,000
    RELIGIOUS ACTION CENTER OF REFORM JUDAISM
    2027 MASSACHUSETTS AVE
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY DOMESTIC NEEDS 1,800
    ROOT CAPITAL INC
    1301 BISHOP ALLEN DR 2ND FL
    CAMBRIDGE,MA02139     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 25,000
    SECOND STEP INC
    PO BOX 600213
    NEWTONVILLE,MA02460     		NONE PUBLIC CHARITY DOMESTIC NEEDS 2,450
    SOCIAL FINANCE
    10 MILK STREET SUITE 1010
    BOSTON,MA02108     		NONE PUBLIC CHARITY DOMESTIC NEEDS 150,000
    SPARKSHARE
    50 MILK ST 15TH FL
    BOSTON,MA02109     		NONE PUBLIC CHARITY DOMESTIC NEEDS 12,500
    SUMMITS EDUCATION
    51 MELCHER ST
    BOSTON,MA02210     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 25,000
    TEACH FOR AMERICA
    25 BROADWAY 12TH FLOOR
    NEW YORK,NY10004     		NONE PUBLIC CHARITY EDUCATION 25,000
    TEAM IMPACT
    500 VICTORY ROAD
    QUINCY,MA02171     		NONE PUBLIC CHARITY DOMESTIC NEEDS 28,000
    TEMPLE BETH ELOHIM
    31 MT EBO ROAD NORTH
    BREWSTER,NY10509     		NONE PUBLIC CHARITY RELIGIOUS 35,898
    TENACITY
    38 EVERETT STEEET SUITE 50
    BOSTON,MA02134     		NONE PUBLIC CHARITY EDUCATION 100,000
    THE CHILDREN'S ROOM
    1210 MASSACHUSETTS AVENUE
    ARLINGTON,MA02476     		NONE PUBLIC CHARITY DOMESTIC NEEDS 5,000
    THE COURAGEOUS PARENTS NETWORK INC
    21 ROCHESTER RD
    NEWTON,MA02458     		NONE PUBLIC CHARITY DOMESTIC NEEDS 10,000
    THE LEUKEMIA & LYMPHOMA SOCIETY
    3 INTERNATIONAL DR SUITE 200
    RYE BROOK,NY10573     		NONE PUBLIC CHARITY RESEARCH 1,000
    THE LIFE IS GOOD KIDS FOUNDATION INC
    51 MELCHER ST 9TH FL
    BOSTON,MA02210     		NONE PUBLIC CHARITY DOMESTIC NEEDS 261
    THE MATCH FOUNDATION INC
    215 FOREST HILLS STREET
    JAMAICA PLAIN,MA02139     		NONE PUBLIC CHARITY EDUCATION 250,000
    THE MGH INSTITUTE OF HEALTH PROFESSIONS INC
    CHARLESTOWN NAVY YARD 36 FIRST AVE
    BOSTON,MA02129     		NONE PUBLIC CHARITY RESEARCH 180
    THE RASHI SCHOOL
    8000 GREAT MEADOW ROAD
    DEDHAM,MA02026     		NONE PUBLIC CHARITY RELIGIOUS 210,510
    THE SAMARATINS OF CAPE COD
    PO BOX 65
    FLAMOUTH,MA02541     		NONE PUBLIC CHARITY DOMESTIC NEEDS 500
    UCLA ANDERSON
    110 WESTWOOD PLAZA
    LOS ANGELES,CA90024     		NONE PUBLIC CHARITY EDUCATION 200,000
    UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 560,500
    UNIVERSITY OF OTTAWA - MULTIFAITH ALLIANCE FOR SYRIAN REFUGEES
    1001 S CEDAR ST 16
    OTTAWA,KS66067     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 10,000
    UNIVERSITY OF VERMONT
    UNIVERSITY OF VERMONT
    BURLINGTON,VT05405     		NONE PUBLIC UNIVERSITY EDUCATION 5,000
    UPWARDLEY GLOBAL
    582 MARKET ST STE 1207
    SAN FRANCISCO,CA94104     		NONE PUBLIC CHARITY INTERNATIONAL RELIEF 10,000
    WBUR
    890 COMMONWEALTH AVE 3RD FL
    BOSTON,MA02215     		NONE   DOMESTIC NEEDS 84
    WHARTON SCHOOL
    3620 LOCUST WALK
    PHILADELPHIA,PA19104     		NONE PUBLIC UNIVERSITY EDUCATION 325,000
    WIKIMEDIA FOUNDATION INC
    PO BOX 98204
    WASHINGTON,DC20090     		NONE PUBLIC CHARITY EDUCATION 104
    YACHAD INC
    8720 GEORGIA AVENUE SUITE 705
    SILVER SPRING,MD20910     		NONE PUBLIC CHARITY DOMESTIC NEEDS 250
    YEAR UP INC
    45 MILK STREET 9TH FLOOR
    BOSTON,MA02109     		NONE PUBLIC CHARITY EDUCATION 205,000
    ZIV MEDICAL CENTER
    3300 NE 192ND STREET
    AVENTURA,FL33180     		NONE PUBLIC CHARITY DOMESTIC NEEDS 5,000
    Total .................................bullet 3a 6,687,431
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 ...........     		    14 879,792  
    4 Dividends and interest from securities.... 900000 215,341 14 1,340,727  
    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 ............     		900000 5,575,302 18 11,097,011  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASSTHROUGH ORDINARY INCOME     		900000 218,987 01 -155,604  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 6,009,630 13,161,926 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    19,171,556
    (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.)
    3 NONE
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 (2019)
    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
    2019
    Name of the organization
    THE SHAPIRO FOUNDATION
     
    Employer identification number

    04-3541595
    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) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019) Page 2
    Name of organization
    THE SHAPIRO FOUNDATION
          		Employer identification number
    04-3541595
    Part I
    Contributors
    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
    EDWARD L SHAPIRO
     
    275 GROVE STREET 2-400
     
    NEWTON, MA02466

    		$ 10,000,000


    (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.)
    (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.)
    (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) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Page 3
    Name of organization
    THE SHAPIRO FOUNDATION
          		Employer identification number

    04-3541595
    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
     
    		$    
    (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
     
    		$    
    (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
     
    		$    
    (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) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Page 4
    Name of organization
    THE SHAPIRO FOUNDATION
          		Employer identification number

    04-3541595
    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) (2019)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2017 AccountingFeesSchedule
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,247 0   0

    TY 2017 GeneralExplanationAttachment
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Identifier Return Reference Explanation
    AMENDED RETURN STATEMENT FORM 990-PF, PART 1, II, III, IX-B & XII THE RETURN HAS BEEN AMENDED TO REVISE THE AMOUNT OF THE CONTRIBUTION TO MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016, A PROGRAM RELATED INVESTMENT (PRI), FROM $43,256 TO $38,300 AND DISCLOSE THE PRI ON PART IX-B AND PART XII QUALIFYING DISTRIBUTIONS. THE AMENDED RETURN ALSO ADDS INFORMATION ON PART IX-B AND PART XII FOR A PRI TO SOCIAL FINANCE OF FAMILY OPIOID.

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PAR GROUP, L.P. 118,936,062 143,715,362
    W.R. GRACE - 6,000 SHARES 476,970 420,780

    TY 2017 LegalFeesSchedule
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 964 0   0


    TY 2017 OtherAssetsSchedule
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PROGRAM RELATED INVESTMENT - MASSACHUSETTS PATHWAYS   38,300 38,300
    PROGRAM RELATED INVESTMENT - SOCIAL FINANCE CT FAMILY OPIOID   51,225 51,225


    TY 2017 OtherExpensesSchedule
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DEDUCTIONS RELATED TO PORTFOLIO INCOME 115,069 0   0
    PENALTIES 4,733 0   0
    OFFICE EXPENSE 441 0   0


    TY 2017 OtherIncomeSchedule2
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH ORDINARY INCOME 63,383 -155,604 63,383


    TY 2017 OtherLiabilitiesSchedule
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES PAYABLE 0 42
    PENSION PLAN PAYABLE 0 20,000


    TY 2017 SubstantialContributorsSch
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Name Address
    EDWARD L SHAPIRO 275 GROVE STREET 2-400
    NEWTON,MA02466
    BARBARA J SHAPIRO 275 GROVE STREET 2-400
    NEWTON,MA02466


    TY 2017 TaxesSchedule
    Name:
    THE SHAPIRO FOUNDATION
    EIN:
    04-3541595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 159,325 0   0
    FOREIGN TAXES 3,313 3,313   0
    MASSACHUSETTS TAXES 45,500 0   0
    PAYROLL TAXES 6,631 0   0