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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Cummings Foundation Inc
 
% WILLIAM F GRANT
Number and street (or P.O. box number if mail is not delivered to street address)200 West Cummings Park
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Woburn, MA01801
A Employer identification number

04-3073023
B Telephone number (see instructions)

(781) 935-8000
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$2,120,722,685J 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) 97,938,450
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 12,394,020 12,394,020 12,394,020
5a Gross rents............ 93,504 93,504 93,504
b Net rental income or (loss) 76,401
6a Net gain or (loss) from sale of assets not on line 10 35,660,591
b Gross sales price for all assets on line 6a 188,709,133
7 Capital gain net income (from Part IV, line 2)... 32,042,288
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 170,830,593 78,629,335 172,902,580
12 Total. Add lines 1 through 11........ 316,917,158 123,159,147 185,390,104
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 730,455     730,455
14 Other employee salaries and wages...... 45,840,458     45,786,894
15 Pension plans, employee benefits....... 1,173,168     1,117,442
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 64,319 0 0 83,845
c Other professional fees (attach schedule).... Click to see attachment 5,450     5,450
17 Interest............... 82,994     85,559
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,300,019 290,808    
19 Depreciation (attach schedule) and depletion... Click to see attachment 497,448   497,448
20 Occupancy.............. 3,491,683     3,506,699
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 57,959,373 18,733,546 3,699 39,424,345
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 111,145,367 19,024,354 501,147 90,740,689
25 Contributions, gifts, grants paid....... 117,250 117,250
26 Total expenses and disbursements. Add lines 24 and 25 111,262,617 19,024,354 501,147 90,857,939
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 205,654,541
b Net investment income (if negative, enter -0-) 104,134,793
c Adjusted net income (if negative, enter -0-)... 184,888,957
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 1,340,861 74,659,879 74,659,879
2 Savings and temporary cash investments......... 11,340,276 16,755,535 16,755,535
3 Accounts receivable bullet9,548,234
Less: allowance for doubtful accounts bullet   11,677,902 9,548,234 9,548,234
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.............. 26,480 36,234 36,234
9 Prepaid expenses and deferred charges.......... 128,471 175,694 175,694
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 307,060,627 Click to see attachment287,884,522 559,498,608
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).......... 994,675,020 Click to see attachment1,187,385,324 1,453,736,620
14 Land, buildings, and equipment: basis bullet15,468,836
Less: accumulated depreciation (attach schedule) bullet9,156,955 6,186,491 6,311,881 6,311,881
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,332,436,128 1,582,757,303 2,120,722,685
Liabilities 17 Accounts payable and accrued expenses.......... 1,236,078 1,346,524
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 4,444,632  
22 Other liabilities (describe bullet) Click to see attachment28,832,621 Click to see attachment26,955,441
23 Total liabilities (add lines 17 through 22)......... 34,513,331 28,301,965
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........... 1,297,922,797 1,554,455,338
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,297,922,797 1,554,455,338
30 Total liabilities and net assets/fund balances (see instructions). 1,332,436,128 1,582,757,303
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
1,297,922,797
2
Enter amount from Part I, line 27a .....................
2
205,654,541
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
50,878,000
4
Add lines 1, 2, and 3 ..........................
4
1,554,455,338
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,554,455,338
Form 990-PF (2020)
Form 990-PF (2020)
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 - SHORT TERM P    
b PUBLICLY TRADED SECURITIES - LONG TERM P    
c CAPITAL GAIN DISTRIBUTION SECURITIES P    
d M LYNCH SLP V P    
e M LYNCH ORBIMED P    
M LYNCH OAK V P    
KKR P    
STRATEGIC PARTNERS OFFSHOREVII P    
COMMONFUND GA ALPHA P    
M LYNCH CARLYLE BUYOUT P    
SALE OF FLORIDA CONDO P    
APOLLO INVESTMENT FUND IX, LP P    
APOLLO INVESTMENT FUND IX, LP SEC 1256 P    
CARLYLE EUROPE PARTNERS V, C.C.SP. SEC 1256 P    
CARLYLE STRATEGIC III (CAYMAN) LP P    
COMMONFUND CAPITAL INTERNATIONAL PARTNERS VII LP P    
COMMONFUND CAPITAL INTERNATIONAL PARTNERS VII LP P    
COMMONFUND CAPITAL INTERNATIONAL PARTNERS VII LP SEC 1256 P    
COMMONFUND CAPITAL NATURAL RESOURCES IX LP P    
COMMONFUND CAPITAL NATURAL RESOURCES IX LP P    
COMMONFUND CAPITAL NATURAL RESOURCES IX LP SEC 1231 P    
COMMONFUND CAPITAL NATURAL RESOURCES IX LP SEC 1256 P    
COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VIII LP P    
COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VIII LP P    
COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VIII LP SEC 1231 P    
COMMONFUND CAPITAL VENTURE PARTNERS IX LP P    
COMMONFUND CAPITAL VENTURE PARTNERS IX LP P    
COMMONFUND GLOBAL DISTRESSED INVESTORS LLC P    
COMMONFUND GLOBAL DISTRESSED INVESTORS LLC P    
COMMONFUND GLOBAL DISTRESSED INVESTORS LLC SEC 1231 P    
COMMONFUND STRATEGIC SOLUTIONS GLOBAL EQUITY LLC P    
COMMONFUND STRATEGIC SOLUTIONS GLOBAL EQUITY LLC P    
COMMONFUND STRATEGIC SOLUTIONS GLOBAL EQUITY LLC SEC 1256 P    
CRESCENT MEZZANINE PARTNERS VIIB, L.P. P    
CSP III AIV (CAYMAN) LP P    
CUMMINGS FOUNDATION PRIVATE CAPITAL FUND, LP P    
CUMMINGS FOUNDATION PRIVATE CAPITAL FUND, LP P    
CUMMINGS FOUNDATION PRIVATE CAPITAL FUND, LP SEC 1231 P    
CUMMINGS FOUNDATION PRIVATE CAPITAL FUND, LP SEC 1256 P    
PROVIDENCE EQUITY PARTNERS VII LP P    
PROVIDENCE EQUITY PARTNERS VIII, LP SEC 1256 P    
RENAISSANCE INSTITUTIONAL DIVERSIFIED GLOBAL EQ ON P    
RENAISSANCE INSTITUTIONAL DIVERSIFIED GLOBAL EQ ON P    
STRATEGIC PARTNERS VIII, L.P. P    
STRATEGIC PARTNERS VIII, L.P. P    
STRATEGIC PARTNERS VIII, L.P. SEC 1231 P    
STRATEGIC PARTNERS VIII, L.P. SEC 1256 P    
TPG HEALTHCARE PARTNERS, LP P    
TPG PARTNERS VIII, LP P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 63,819,616   66,287,673 -2,468,057
b 105,131,663   85,993,751 19,137,912
c 14,324   0 14,324
d 550,122     550,122
e 3,864,481     3,864,481
50,567     50,567
281,814     281,814
1,774,273     1,774,273
    516,404 -516,404
223,057     223,057
577,534   198,000 379,534
3,336     3,336
    46,395 -46,395
    51,400 -51,400
45,120     45,120
    7 -7
64,692     64,692
27     27
9,163     9,163
131,784     131,784
185,944     185,944
17,016     17,016
    8,662 -8,662
199,747     199,747
947     947
    7,281 -7,281
1,095,089     1,095,089
    252 -252
    6,230 -6,230
2,026     2,026
544,889     544,889
    20,769 -20,769
438,012     438,012
    375,611 -375,611
    815,561 -815,561
272,972     272,972
4,828,070     4,828,070
3,167     3,167
55,801     55,801
5,555,145     5,555,145
1,011     1,011
    5,440,915 -5,440,915
1,144,905     1,144,905
6,251     6,251
224,048     224,048
    980 -980
    7 -7
563,207     563,207
132,366     132,366
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       -2,468,057
b       19,137,912
c       14,324
d       550,122
e       3,864,481
      50,567
      281,814
      1,774,273
      -516,404
      223,057
      379,534
      3,336
      -46,395
      -51,400
      45,120
      -7
      64,692
      27
      9,163
      131,784
      185,944
      17,016
      -8,662
      199,747
      947
      -7,281
      1,095,089
      -252
      -6,230
      2,026
      544,889
      -20,769
      438,012
      -375,611
      -815,561
      272,972
      4,828,070
      3,167
      55,801
      5,555,145
      1,011
      -5,440,915
      1,144,905
      6,251
      224,048
      -980
      -7
      563,207
      132,366
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 32,042,288
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 -7,088,563
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,447,474
c All other domestic foundations enter 1.39% 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 1,447,474
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 1,447,474
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,565,918
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 1,565,918
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 10 118,444
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet118,444 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? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the 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 changesClick to see list of attachments....
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.Click to see list of attachments
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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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 (2020)
    Form 990-PF (2020)
    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 Click to see attachment.............
    11
    Yes
     
    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 addressbullethttp://www.cummingsfoundation.org
    14
    The books are in care ofbulletWILLIAM F GRANT Telephone no.bullet (781) 935-8000

    Located atbullet200 WEST CUMMINGS PARKWOBURNMA ZIP+4bullet01801
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Joyce M Cummings TRUSTEE & TREASURER
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    Patricia A Cummings PSY D TRUSTEE & Vice President
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    William S Cummings TRUSTEE & PRESIDENT
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    Joseph Abate MD Trustee
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    Anthony P Monaco MD PHD Trustee
    1.0     		0 0 0
    Tufts University
    Medford,MA02155
    HON Margot Botsford Trustee
    1.0     		0 0 0
    200 WEST CUMMINGS PARK
    WOBURN,MA01801
    Paul C Casey Trustee
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    Carol A Donovan Trustee
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    DEBORAH T KOCHEVAR DVM PHD Trustee
    1.0     		0 0 0
    TUFTS UNIVERSITY
    MEDFORD,MA02155
    Marilyn Cummings Morris MD MPH Trustee
    1.0     		0 0 0
    Childrens Hospital
    New York,NY10001
    Richard C Ockerbloom Trustee
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    Arlan F Fuller MD Trustee
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    LAURIE GABRIEL TRUSTEE
    1.0     		0 0 0
    200 WEST CUMMINGS PARK
    WOBURN,MA01801
    David Harris PHD Trustee
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    ERIC S ANDERSON TRUSTEE
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    DENNIS A CLARKE TRUSTEE
    1.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    WILLIAM F GRANT TRUSTEE
    15.0     		0 0 0
    200 West Cummings Park
    Woburn,MA01801
    JOEL B SWETS TRUSTEE & EXEC DIR, CF
    50.0     		192,142 16,227 0
    200 West Cummings Park
    Woburn,MA01801
    CHRISTINE COAKLEY EXEC DIRECTOR, NHC
    50.0     		134,493 28,563 0
    200 West Cummings Park
    Woburn,MA01801
    Marie Connoly EFF(10/20) Exec Director, NHM
    50.0     		152,317 13,671 2,300
    200 West Cummings Park
    Woburn,MA01801
    Andrew EICK TERMED(10/20) Exec Dir NHM
    50.0     		143,800 23,942 23,000
    200 West Cummings Park
    Woburn,MA01801
    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
    JOHN HALSEY ACCOUNT MANAGER
    50.0     		180,917 12,831 0
    200 WEST CUMMINGS PARK
    WOBURN,MA01801
    KARA MURPHY ACCOUNT MANAGER
    50.0     		180,182 16,469 0
    200 WEST CUMMINGS PARK
    WOBURN,MA01801
    BRIAN BORSELLI ASSOC. DIVISION MGR
    50.0     		158,076 12,368 0
    200 WEST CUMMINGS PARK
    WOBURN,MA01801
    SHANNON DEPIERRO ACCOUNT MANAGER
    50.0     		142,734 8,846 0
    200 WEST CUMMINGS PARK
    WOBURN,MA01801
    NATALIE BREEN ACCOUNT MANAGER
    50.0     		137,828 15,528 0
    200 WEST CUMMINGS PARK
    WOBURN,MA01801
    Total number of other employees paid over $50,000...................bullet 86
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    COMMONFUND INVESTMENT SVCS 2,252,831
    15 OLD DANBURY ROAD
    WILTON,CT06897
    MERRILL LYNCH TRUST CO INVESTMENT SVCS 1,663,078
    ONE FEDERAL STREET
    BOSTON,MA02134
    Aveanna Healthcare ASSISTED LIVING 1,584,927
    238 Littleton Rd
    WESTFORD,MA01886
    Carlyle Europe Partners V S C SP Investment Svcs 697,004
    1001 Pennsylvania Ave NW Ste 220 So
    WASHINGTON,DC20004
    KKR SPECIAL SITUATIONS INVESTMENT SVCS 560,236
    555 CALIFORNIA STREET
    SAN FRANCISCO,CA94104
    Total number of others receiving over $50,000 for professional services.............bullet11
    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 SEE GENERAL EXPLANATION ATTACHMENT - CUMMINGS SCHOOL OF VETERINARY MEDICINE 76,261,624
    2 SEE GENERAL EXPLANATION ATTACHMENT - NEW HORIZONS AT MARLBOROUGH 10,247,749
    3 SEE GENERAL EXPLANATION ATTACHMENT - NEW HORIZONS AT CHOATE 4,229,317
    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 (2020)
    Form 990-PF (2020)
    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
    1,233,224,671
    b
    Average of monthly cash balances.......................
    1b
    6,395,838
    c
    Fair market value of all other assets (see instructions)................
    1c
    490,983,551
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,730,604,060
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,730,604,060
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    25,959,061
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,704,644,999
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    85,232,250
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    90,857,939
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    274,879
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    91,132,818
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    91,132,818
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
    1990-04-27
    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) 2020 (b) 2019 (c) 2018 (d) 2017
    85,232,250 74,899,506 67,140,720 66,168,601 293,441,077
    b 85% of line 2a ......... 72,447,413 63,664,580 57,069,612 56,243,311 249,424,916
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		91,132,818 92,048,897 87,643,363 85,543,087 356,368,165
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		117,250 127,495 68,942 174,878 488,565
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		91,015,568 91,921,402 87,574,421 85,368,209 355,879,600
    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)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		56,821,500 49,933,004 44,760,480 44,112,401 195,627,385
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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).)
    WILLIAM S CUMMINGS PATRICIA A CU
    JOYCE CUMMINGS AND JASON Z MORRIS
    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 (2020)
    Form 990-PF (2020)
    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
    CHELMSFORD HIGH SCHOOL
    200 Richardson Road
    Chelmsford,MA01863     		N/A PC Educational Programming 100
    FRIENDS OF WINTER POND
    PO BOX 342
    WINCHESTER,MA01890     		N/A PC Conservation Programs 1,000
    KATHI GLAVIN HIGGINS SCHOLARSHIP
    32 STEWART STREET
    BILLERICA,MA01821     		N/A PC Educational Programming 800
    MARLBOROUGH HIGH SCHOOL
    431 BOLTON ST
    MARLBOROUGH,MA01752     		N/A PC Educational Programming 1,100
    MAYOR'S CHARITY RELIEF FUND
    PO BOX 155
    MARLBOROUGH,MA01752     		N/A PC Civic Fundraiser 5,000
    MEDICAL MISSIONARIES OF MARY
    563 MINNEFORD AVE
    BRONX,NY10464     		N/A PC Religious Program 1,000
    MISHAWUM CHORAL SOCIETY
    74 PEARL STREET
    WOBURN,MA01801     		N/A PC Cultural Arts Programming 300
    PAN MASSACHUSETTS CHALLENGE INC
    77 4TH AVE
    NEEDHAM,MA024942704     		N/A PC Health Research and Programs 50
    RISE AGAIN
    4 SIMONDS FARM ROAD
    N BILLERICA,MA018622843     		N/A PC Mental Health Program 800
    ST CHARLES BORROMEO PARISH
    280 MAIN STREET
    WOBURN,MA01801     		N/A PC Community Welfare Program 5,000
    SUPPORTIVE LIVING INC
    400 WEST CUMMINGS PARK SUITE 6100
    WOBURN,MA01801     		N/A PC Brain Injury Residence 100,000
    WINCHESTER MEALS ON WHEELS
    104 SKILLINGS ROAD
    WINCHESTER,MA01890     		N/A PC Community Welfare Program 1,000
    NEW ENGLAND HOME FOR VETERANS
    17 Court Street
    BOSTON,MA02108     		N/A PC Homeless Shelter 500
    AIDS ACTIONS COMMITTEE OF MA
    75 AMORY STREET
    BOSTON,MA02119     		N/A PC Health Research and Programs 100
    DANA FARBER
    450 BROOKLINE AVENUE
    BOSTON,MA02215     		N/A PC Health Research and Programs 500
    Total .................................bullet 3a 117,250
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    aSENIOR FACILITY REVENUE         20,518,332
    bHOME HEALTH CARE REVENUE         1,651,492
    cVET SCHOOL REVENUE         72,102,662
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 12,394,020  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 76,401  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 78,622,896  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		523000 3,618,304 18 32,042,287  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aVENDING INCOME     		    01 7,199  
    bFLOW-THROUGH PARTNERSHIP LOSSES 523000 -2,078,428      
    cLITIGATION SETTLEMENT INCOME     01 1,229  
    dBOOK SALES INCOME     01 5,211  
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,539,876 123,149,243 94,272,486
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    218,961,605
    (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 PART OF THE PRIMARY EXEMPT PURPOSE OF CUMMINGS FOUNDATION IS TO OPERATE TWO NOT-FOR PROFIT RESIDENTIAL INDEPENDENT AND ASSISTED LIVING FACILITIES FOR SENIORS. SENIOR FACILITY REVENUE IS INCOME FROM THE OPERATION OF SUCH FACILITIES.
    1B PART OF THE PRIMARY EXEMPT PURPOSE OF CUMMINGS FOUNDATION IS TO PROVIDE HOME HEALTH CARE TO SENIORS. HOME HEALTH CARE REVENUE IS INCOME FROM THE PROVISION OF SUCH CARE TO SENIORS.
    1C CUMMINGS FOUNDATION ENTERED INTO A LONG-TERM AGREEMENT WITH TUFTS UNIVERSITY IN 2004 TO OPERATE ITS VETERINARY SCHOOL THROUGH A SUBSIDIARY CALLED VETERINARY SCHOOL AT TUFTS, LLC. DURING THE TERM OF THE AGREEMENT, CUMMINGS FOUNDATION WILL CONTRIBUTE AT LEAST $50 MILLION TO SUPPORT THE RENAMED CUMMINGS SCHOOL OF VETERINARY MEDICINE. THE IRS ISSUED A PRIVATE LETTER RULING ON MAY 6, 2004, CONFIRMING THAT THE EXPENDITURES DIRECTED TO TUFTS UNIVERSITY AND THE EXPENSES CUMMINGS FOUNDATION INCURS IN OPERATING THE CUMMINGS SCHOOL CONSTITUTE QUALIFIED DISTRIBUTIONS DIRECTLY FOR THE ACTIVE CONDUCT OF CUMMINGS FOUNDATION'S EXEMPT PURPOSES.
    Form 990-PF (2020)
    Form 990-PF (2020)
    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)
    Yes
     
    (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
    1b(3) 0 HEM REALTY INC SEE ATTACHED
    1b(3) 0 NHC REALTY INC SEE ATTACHED
    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
    HEM REALTY INC 501(C)(2) A DIVISION OF CFI
    NHC REALTY INC 501(C)(2) A DIVISION OF CFI
    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 instructions.
    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 (2020)
    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
    2020
    Name of the organization
    Cummings Foundation Inc
     
    Employer identification number

    04-3073023
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    Cummings Foundation Inc
          		Employer identification number
    04-3073023
    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
    William S Cummings
    200 West Cummings Park
     
    Woburn, MA01801

    		$ 74,100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Kevin Cummings
    200 West Cummings Park
     
    Woburn, MA01801

    		$ 13,718,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Patricia Cummings
    200 West Cummings Park
     
    Woburn, MA01801

    		$ 9,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    Joyce M Cummings
    5280 N Ocean Drive Unit No 8-C
     
    Singer Island, FL33404

    		$ 620,000


    (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.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    Cummings Foundation Inc
          		Employer identification number

    04-3073023
    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
    4
    		 Condominium No. 8-C of "The Reaches" $ 620,000  
    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    Cummings Foundation Inc
          		Employer identification number

    04-3073023
    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) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 64,319     83,845

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 GeneralExplanationAttachment
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Identifier Return Reference Explanation
    SUMMARY OF DIRECT CHARITABLE ACTIVITIES SUMMARY OF DIRECT CHARITABLE ACTIVITIES FORM 990-PF, PART IX-A CUMMINGS SCHOOL OF VETERINARY MEDICINE - $76,261,624. CUMMINGS FOUNDATION ENTERED INTO A LONG-TERM AGREEMENT WITH TUFTS UNIVERSITY in 2004 TO OPERATE ITS VETERINARY SCHOOL THROUGH A SUBSIDIARY CALLED VETERINARY SCHOOL AT TUFTS, LLC. DURING THE TERM OF AGREEMENT, CUMMINGS FOUNDATION WILL CONTRIBUTE AT LEAST $50 MILLION TO SUPPORT THE RENAMED CUMMINGS SCHOOL OF VETERINARY MEDICINE. THE IRS ISSUED A LETTER RULING ON MAY 6, 2004, CONFIRMING THAT THE EXPENDITURES DIRECTED TO TUFTS UNIVERSITY AND THE EXPENSES CUMMINGS FOUNDATION INCURS IN OPERATING THE CUMMINGS SCHOOL CONSTITUTE QUALIFIED DISTRIBUTIONS DIRECTLY FOR THE ACTIVE CONDUCT OF CUMMINGS FOUNDATION'S EXEMPT PURPOSES. NEW HORIZONS AT MARLBOROUGH - $10,247,749. ESTABLISHED IN 1993 AND ACCOMMODATES APPROXIMATELY 500 RESIDENTS AT ITS MARLBOROUGH, MASSACHUSETTS CAMPUS. THE FACILITY HAS THE ABILITY TO ACCOMMODATE ACTIVE AND INDEPENDENT SENIORS, SENIORS REQUIRING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING (ASSISTED LIVING RESIDENTS) AND SENIORS SUFFERING FROM ALZHEIMER'S DISEASE. NEW HORIZONS AT CHOATE - $4,229,317. ESTABLISHED IN 1990 AND ACCOMMODATES 125 SENIORS. THE FACILITY IS LOCATED IN WOBURN, MA. FORMERLY THE CHOATE MEMORIAL HOSPITAL PROPERTY, THIS PROPERTY WAS CONVERTED TO A RETIREMENT COMMUNITY WHICH INCLUDES SUITES FOR INDEPENDENT LIVING AND ASSISTED LIVING UNITS. THE FACILITY HAS THE ABILITY TO ACCOMMODATE ACTIVE AND INDEPENDENT SENIORS, SENIORS REQUIRING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING (ASSISTED LIVING RESIDENTS) AND SENIORS SUFFERING FROM ALZHEIMER'S DISEASE. CUMMINGS INSTITUTE FOR WORLD JUSTICE, LLC ("CIWJ") (EIN 80-0690363) - $0. THE PRINCIPAL PURPOSE OF CIWJ IS TO PROMOTE MORE SERIOUS STUDY OF THE HOLOCAUST, GENOCIDES, AND INJUSTICES OF ALL KINDS IN A CORE GROUP OF NEW ENGLAND SCHOOLS. CIWJ WAS ESTABLISHED TO SERVE AS AN ACTIVE COORDINATING ORGANIZATION THAT MAKES PROGRAMMING AVAILABLE TO PARTICIPATING SCHOOLS, AND ASSISTS EACH SUCH SCHOOL IN TAILORING A PROGRAM TO THAT SCHOOL'S PARTICULAR NEEDS. ORGANIZED AS A SINGLE MEMBER LLC (AND DISREGARDED ENTITY OF CUMMINGS FOUNDATION, INC.) CIWJ HAD NO EXPENSES AND RECEIVED NO REVENUE IN 2020. THE IRS ISSUED A DETERMINATION LETTER ON DECEMBER 9, 2011, CONFIRMING CIWJ WAS LIKELY TO QUALIFY AS A PRIVATEOPERATING FOUNDATION DESCRIBED IN SECTION 4942(J)(3) OF THE INTERNAL REVENUE CODE. 4942(J)(3) OF THE INTERNAL REVENUE CODE. 4942(J)(3) OF THE INTERNAL REVENUE CODE.
    DESCRIPTION OF RENTAL OF FACILITIES DESCRIPTION OF RENTAL OF FACILITIES FORM 990-PF, PART XVII, LINE 1D REPORTING ORGANIZATION HAS A DIVISION CALLED NEW HORIZONS AT MARLBOROUGH, LLC (EIN: 75-3031923) ("NHM"). NHM IS LESSEE OF REAL PROPERTY FROM HEM REALTY, INC. (EIN: 30-0553220) ("HEM REALTY"), WHICH IT USES IN OPERATIONS. HEM REALTY IS A 501(C)(2) TITLE HOLDING COMPANY THAT IS RELATED TO REPORTING ORGANIZATION. BECAUSE HEM REALTY HOLDS TITLE FOR REPORTING ORGANIZATION, AND CONSISTENT WITH ITS PURPOSES WOULD TURN OVER ANY RENT IT COLLECTS TO REPORTING ORGANIZATION, HEM REALTY WAIVES PAYMENT OF RENT FROM REPORTING ORGANIZATION'S DIVISION, NHM. REPORTING ORGANIZATION HAS A DIVISION CALLED NEW HORIZONS AT CHOATE, LLC (EIN: 75-3031909) ("NHC"). NHC IS LESSEE OF REAL PROPERTY FROM NHC REALTY, INC. (EIN: 30-0553218) ("NHC REALTY"), WHICH IT USES IN OPERATIONS. NHC REALTY IS A 501 (C)(2) TITLE HOLDING COMPANY THAT IS RELATED TO REPORTING ORGANIZATION. BECAUSE NHC REALTY HOLDS TITLE FOR REPORTING ORGANIZATION, AND CONSISTENT WITH ITS PURPOSES WOULD TURN OVER ANY RENT IT COLLECTS TO REPORTING ORGANIZATION, NHC REALTY WAIVES PAYMENT OF RENT FROM REPORTING ORGANIZATION'S DIVISION, NHC.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABB LTD 730,237 782,349
    ABB LTD SPON ADR 270,282 286,087
    ABM INDUSTRIES INC COM 244,152 277,594
    ACCENTURE PLC SHS 360,453 695,485
    ACCOR SA SHS ADR 372,284 352,368
    ACUITY BRANDS INC 1,273,850 1,243,693
    ADIDAS AG SPONSORED ADR 383,708 537,808
    ADOBE INC 264,047 518,124
    ADYEN N.V. SHS ADR 142,720 375,933
    AFFILIATED MANAGERS GRP 1,174,222 1,539,173
    AGIOS PHARMACEUTICALS 196,870 204,821
    AIA GROUP LTD 1,702,932 2,368,117
    AIR LIQUIDE FN 183,833 265,282
    AIR LIQUIDE ADR 230,685 230,296
    AIRBUS SE 1,124,785 1,099,579
    ALCON SA ACT NOM 81,182 114,943
    ALIBABA GROUP HOLDING LT 2,260,223 2,708,744
    ALIGN TECH INC DEL COM 237,151 397,579
    ALLEGIANT TRAVEL CO 110,107 115,058
    ALLEGION PLC SHS 108,510 119,406
    ALPHABET INC SHS CL A 1,130,432 8,763,200
    ALPHABET INC SHS CL C 1,503,410 9,374,310
    AMAZON COM INC COM 798,104 1,553,556
    AMER EAGLE OUTFITTERS 242,951 362,183
    AMER EXPRESS COMPANY 304,079 377,844
    AMERESCO CLASS A 133,286 221,236
    AMERICA MOVIL SAB DE CV 168,933 186,737
    AMERICAN ASSETS TR INC 235,698 143,649
    AMERICAN EQUITY INVT 156,366 165,105
    AMERICAN TOWER REIT INC 218,086 352,801
    AMGEN INC COM 3,109,178 4,081,080
    AMICUS THERAPEUTICS INC 235,282 312,292
    ANHEUSER-BUSCH INBEV SA/ 401,804 581,892
    AON PLC REG SHS 938,294 1,319,854
    APPLE INC 4,963,082 47,228,086
    APPLIED INDUSTRL TECH 238,886 297,688
    APTARGROUP INC 1,165,236 2,558,828
    ARAMARK SHS 3,009,529 3,427,477
    ARMADA HOFFLER PPTYS INC 178,279 120,581
    ASAHI KASEI CORP 3407 499,644 513,596
    ASE TECHNOLOGY 289,175 341,330
    ASGN INC 268,039 346,482
    ASHTEAD GROUP PLC SHS 84,784 170,740
    ASML HLDG NV NY REG SHS 710,540 1,268,106
    ASML HOLDING N.V. ORD SH 659,615 1,485,047
    ASSA ABLOY AB SHS 221,239 253,847
    ASTRAZENECA PLC SHS FN 899,387 1,162,640
    ASTRAZENECA PLC SPND ADR 635,287 727,604
    ATLASSIAN CORP PLC 146,841 244,862
    ATN INTERNATIONAL INC 166,627 122,190
    ATRICURE INC 117,286 116,016
    AUTOMATIC DATA PROC 3,020,444 8,721,900
    AVALARA INC 46,057 84,918
    B AND M EUROPEAN VALUE R 242,339 262,783
    BAE SYS PLC SPN ADR 366,035 398,616
    BALCHEM CORP COM 243,437 289,548
    BANCO BILBAO VIZCAYA ARG 471,405 480,079
    BANCO BRADESCO S A ADR 204,675 265,051
    BANCO DO BRASIL SA-SPON 413,435 365,103
    BANDWIDTH INC CL A 70,656 143,835
    BANK OF NOVA SCOTIA 347,935 391,844
    BAOZUN INC SHS CL A ADR 93,397 105,867
    BARNES GROUP INC DE $.01 198,292 170,268
    BARRICK GOLD CORPORATION 178,582 276,335
    BAXTER INTERNTL INC 820,241 2,407,200
    BEIGENE LTD 358,437 551,146
    BERKSHIRE HATHAWAYINC 10,178,736 11,976,086
    BHP GROUP LTD 114,189 115,652
    BIO RAD LABS CL A 204,021 928,040
    BIO TECHNE CORP COM STK 645,184 1,558,375
    BJS WHSL CLUB HLDGS INC 226,433 280,346
    BLACK HILLS CORP 266,335 199,282
    BLACKBAUD INC 941,961 1,392,334
    BLACKLINE INC 97,475 148,585
    BLACKROCK INC 251,858 325,415
    BLACKSTONE GROUP INC COM 326,204 466,373
    BLUEPRINT MEDICINES CORP 264,093 358,992
    BOISE CASCADE CO DEL 321,235 495,495
    BOOZ ALLEN HAMILTON HLDG 782,089 1,028,986
    BOSTON SCIENTIFIC CORP 629,564 699,156
    BOX INC CL A 56,718 73,409
    BRIGHTVIEW HLDGS INC 162,659 167,016
    BRINKER INTL INC 127,805 131,695
    BRITISH AMERICAN TOBACCO 687,621 728,161
    BROADCOM LTD 311,772 599,855
    BROADRIDGE FINL 805,007 1,842,693
    BROOKFIELD ASSET MGMT 334,414 462,307
    BROOKS AUTOMATION INC 188,839 372,768
    BROWN & BROWN INC FLA 1,293,402 1,444,346
    BRYN MAWR BK CORP COM 143,025 107,786
    BURFORD CAPITAL LTD REG 471,495 469,865
    BURLINGTON STORES INC 1,128,072 1,627,364
    CACI INTL INC CL A 1,715,008 1,804,401
    CAE INC CDA COM NPV 398,656 563,455
    CAESARS ENTERTAINMENT 82,016 107,023
    CANADIAN NATL RAILWAY CO 746,116 1,067,533
    CARLISLE COS INC 1,887,767 3,206,018
    CARLSBERG AS SPONSOREDAD 187,990 209,969
    CARLSBERG AS-B 929,932 1,221,023
    CASELLA WASTE SYS INC A 154,412 259,509
    CDW CORP 201,201 638,277
    CHEMOCENTRYX INC 211,289 269,662
    CHINA MERCHANTS BANK 315,099 458,953
    CHINA MOBILE LTD SPN ADR 3 2
    CHOICE HOTELS INTL NEW 1,448,189 1,941,525
    CHR HANSEN HLDG -SPON 306,355 398,767
    CHUBB LTD 655,212 742,200
    CHUNGHWA TELECOM CO LTD 221,515 255,282
    CHUYS HLDGS INC 112,601 121,218
    CIE FINANCIERE RICHEMONT 351,715 382,576
    CIGNA CORP REG SHS 669,605 796,240
    CINEMARK HLDGS INC 107,102 119,171
    CITIGROUP INC COM NEW 889,137 810,991
    CITY HOLDING CO CHARLSTN 199,186 181,873
    CNOOC LTD ADR 128 90
    COCA-COLA EUROPEAN 231,696 243,569
    COEUR MINING INC 108,896 222,639
    COGNIZANT TECH SOLUTNS A 197,602 235,973
    COLUMBIA SPORTSWEAR CO 716,500 1,241,988
    COLUMBUS MCKINNON CP N.Y 308,390 318,783
    COMCAST CORP NEW CL A 3,133,360 14,849,139
    CONMED CORP COM 252,191 363,328
    CONOCOPHILLIPS 212,076 210,547
    COSTAR GROUP INC COM 203,140 367,863
    COUSINS PROPERTIES INC 116,303 106,631
    CREDICORP LTD COM PV $5 374,134 377,095
    CRISPR THERAPEUTICS AG 63,734 190,163
    CRYOLIFE INC 284,538 222,548
    CYBER-ARK SOFTWARE LTD 229,055 268,724
    DAIICHI SANKYO CO LTD 278,747 428,431
    DAIKIN INDUSTRIES 6367 242,433 407,363
    DAIRY FARM INTL UNSP ADR 261,457 225,868
    DANA INC 175,721 243,356
    DANAHER CORP DEL COM 415,096 789,447
    DBS GROUP HOLDINGS LTD 355,449 350,008
    DECKERS OUTDOORS CORP 401,458 434,472
    DENTSPLY SIRONA INC 2,016,969 2,147,148
    DEUTSCHE BOERSE AG 236,046 285,930
    DIAGEO 575,046 600,931
    DIAGEO PLC SPSD ADR NEW 1,135,289 1,173,129
    DICKS SPORTING GOODS INC 153,833 168,799
    DIGITAL RLTY TR INC 614,324 705,502
    DISNEY (WALT) CO COM STK 144,048 220,496
    DNB NOR ASA 484,951 545,402
    DOLBY LABORATORIES INC 832,347 1,126,708
    DOMINION ENERGY INC 236,274 225,299
    DONALDSON CO INC 440,102 732,533
    DR REDDY'S LAB LTD ADR 467,063 687,093
    DSV PANALPINA A S 273,728 561,180
    DUKE ENERGY CORP NEW 609,018 644,623
    EASTGROUP PROPERTIES INC 257,603 336,176
    EATON CORP PLC 244,455 579,385
    EDWARDS LIFESCIENCES CRP 159,630 230,173
    ELANCO ANIMAL HEALTH INC 303,993 317,005
    ENEL SPA 849,070 1,312,431
    ENGIE 212,219 253,511
    ENN ENERGY HOLDINGS LTD 191,476 293,281
    ENTERPRISE FINL SVCS CRP 42,313 46,728
    ENVISTA HOLDINGS CORP 1,736,673 2,549,684
    EQUATORIAL ENRGA S A ADR 224,469 249,670
    ESCO TECHNOLOGIES INC 182,921 255,160
    ESSENT GROUP LTD 320,772 340,157
    ESSILORLUXOTTICA 716,327 857,726
    EXLSERVICE HLDGS INC 337,292 426,076
    FABRINET 334,893 438,306
    FACEBOOK INC 2,509,747 18,638,526
    FACTSET RESH SYS INC 231,320 717,340
    FAIR ISAAC CORPORATION 104,579 817,664
    FEDERAL SIGNAL CORP 256,721 334,420
    FEDEX CORP DELAWARE COM 3,479,744 8,567,460
    FERRARI NV 245,422 320,410
    FERRO CORP 122,007 180,139
    FIDELITY NATL INFO SVCS 265,545 400,388
    FIRST BANCORP N C COM 197,173 206,126
    FIRST FINANCIAL BANCORP 313,216 212,674
    FIRST FNDTN INC SHS 41,968 54,740
    FIRST INTST BANCSYSTEM 257,850 253,508
    FIRSTSVC CORP REG SHS 302,174 432,025
    FISERV INC WISC PV 1CT 258,284 439,841
    FLIR SYSTEMS INC 651,168 1,029,825
    FLUTTER ENTERTAINMENT 181,058 249,545
    FOMENTO ECNMCO MEX SPADR 247,872 228,356
    FRESENIUS MEDICAL CARE 477,750 503,790
    FRONTDOOR INC 601,691 798,389
    GALAPAGOS GENOMICS NV, M 668,793 361,685
    GARTNER INC 1,308,401 2,162,565
    GDS HLDGS LTD ADR 144,017 569,050
    GENL DYNAMICS CORP COM 3,029,947 7,068,950
    GENMAB A/S 469,218 977,751
    GENMAB A/S SHS 104,694 211,595
    GENMARK DIAGNOSTICS INC 192,528 221,248
    GIVAUDAN SA UNSP ADR 530,356 858,189
    GLU MOBILE INC 74,859 69,458
    GOLDMAN SACHS GROUP INC 413,443 475,342
    GRACO INC 367,532 1,263,009
    GREAT WESTN BANCORP INC 231,834 147,157
    GRIFOLS SA SHS-B-B 220,423 212,821
    HALOZYME THERAPEUTICS 251,633 386,098
    HAMILTON LANE INC REG SH 152,189 249,214
    HDFC BANK LTD ADR 1,180,666 1,833,604
    HEINEKEN N V ADR 169,228 208,004
    HELEN OF TROY LTD 172,367 196,638
    HERMES INTL S A 355,805 552,108
    HEXCEL CORP NEW COM 1,113,457 1,459,791
    HIBBETT SPORTS INC 30,502 48,997
    HILTON WORLDWIDE 446,095 572,433
    HOLLYSYS AUTOMATION 148,672 141,347
    HOME DEPOT INC 4,750,071 12,749,760
    HONEYWELL INTL INC DEL 4,009,230 10,468,166
    HONG KONG EXCHANGES AND 953,663 1,470,704
    HOYA CORP ADR 296,586 423,726
    HOYA CORP 7741 341,327 621,967
    HUB GROUP INC CL A 219,937 270,864
    HUNT J B TRANS SVCS INC 1,616,959 2,446,461
    HUTCHISON CHINA MEDITECH 229,517 297,658
    IAA INC REG SHS WHEN 1,456,843 2,115,684
    IBERDROLA SA, BILBAO 582,398 969,274
    ICICI BANK LTD SPD ADR 440,155 654,786
    ICON PLC 221,571 319,182
    IDEX CORP DELAWARE COM 477,741 1,549,715
    IHS MARKIT LTD SHS 248,429 279,102
    II-VI INC 270,211 542,051
    ILLINOIS TOOL WORKS INC 404,345 578,448
    ILLUMINA INC COM 268,725 295,260
    INDEPENDENT BK CORP MASS 261,523 250,527
    INDEPENDENT BK GROUP INC 194,782 220,008
    INDUSTRIA DE DISENO TEXT 502,395 482,379
    INFOSYS TECH LTD ADR 264,690 611,768
    ING GP NV SPSD ADR 308,773 360,957
    INTEL CORP 5,723,142 7,892,983
    INTERCEPT PHARMACEUTICAL 224,722 72,569
    INTESA SANPAOLO SPON ADR 315,045 339,932
    INTL BKT STEPUP ISS CIBC 7,960,000 7,896,320
    INTL BKT STEPUP ISS HSBC 7,858,490 8,411,349
    ISHARES MSCI JAPAN ETF 270,156 320,978
    J & J SNACK FOODS CRP 307,471 290,853
    J2 GLOBAL INC 339,279 414,889
    JACK HENRY & ASSOC INC 292,306 808,975
    JACK IN THE BOX INC 277,813 298,166
    JARDINE MATHESON HLDGS 230,257 302,848
    JD COM INC CL A ADR 1,015,647 1,214,251
    JERONIMO MARTINS SGPS SA 246,703 243,485
    JOHNSON AND JOHNSON COM 922,773 1,078,322
    JONES LANG LASALLE INC 1,276,256 1,572,031
    JPMORGAN CHASE & CO 3,418,008 9,846,295
    KADANT INC 264,616 362,037
    KAISER ALUM CORP 318,684 341,304
    KB HOME 195,436 264,439
    KBR INC 147,104 224,521
    KEMPER CORP DEL 95,716 95,807
    KERING 768,907 1,175,281
    KEYENCE CORP 6861 FN 1,161,219 2,054,957
    KIMBERLY CLARK 354,406 411,477
    KIRBY CORP COM 1,132,930 860,844
    KITE REALTY GROUP TR SHS 262,682 216,924
    KONINKL PHIL NV SH NEW 653,521 728,532
    KONINKLIJKE KPN NV FN 465,117 483,480
    KONINKLIJKE PHILIPS NV 386,559 487,728
    KORNIT DIGITAL LTD 102,434 473,459
    L OREAL 640,161 995,951
    L.V.M.H. EUR 0.3 308,174 503,215
    L3HARRIS TECHNOLOGIES 454,778 511,866
    LAKELAND FINCL CORP IND 27,359 33,809
    LANDSTAR SYS INC COM 800,879 1,608,328
    LA-Z-BOY INC MICHIGAN 109,753 122,110
    LENNOX INTL INC 1,217,130 1,740,304
    LEXINGTON REALTY TRUST 183,923 184,034
    LIGAND PHARMACEUTICALS 299,175 320,627
    LINDE PLC REG SHS 219,284 344,935
    LKQ CORP 777,396 864,402
    LOCALIZA RENT A CAR SA 148,054 302,612
    LOCKHEED MARTIN CORP 295,160 321,826
    LONDON STK EXCHANGE 179,359 314,287
    LONDON STK EXCHANGE GROU 882,993 1,512,957
    LONGFOR GROUP HOLDINGS 190,046 225,310
    LOWE'S COMPANIES INC 319,829 350,714
    LULULEMON ATHLETICA INC 179,487 258,586
    LVMH MOET HENNESSY ADR 252,370 366,207
    MACOM TECHNOLOGY 22,178 86,413
    MALIBU BOATS INC SHS 224,944 340,173
    MANHATTAN ASSOCS INC 752,750 1,530,895
    MARKEL CORP COM 1,143,974 1,624,348
    MARSH & MCLENNAN COS INC 329,675 405,522
    MASTEC INC FLA 252,827 333,332
    MASTERCARD INC 624,862 1,151,454
    MATCH GROUP INC 114,992 212,120
    MAXLINEAR INC CL A 200,334 395,114
    MCDONALDS CORP COM 2,299,208 8,937,257
    MCKESSON CORPORATION COM 298,514 345,977
    MEDTRONIC PLC SHS 820,980 1,125,574
    MERCADOLIBRE INC 416,055 1,217,003
    MERCK AND CO INC SHS 538,133 537,344
    MERIT MEDICAL SYS INC 241,962 364,812
    MICROSOFT CORP 591,590 1,377,371
    MIMECAST LTD SHS 135,453 196,325
    MINERALS TECHNOLOGIES 332,909 364,837
    MOBILE TELESYS PJSC ADR 196,357 194,618
    MOMO ADR 282,296 170,033
    MONDELEZ INTERNATIONAL 4,000,532 11,694,000
    MORNINGSTAR INC 748,718 1,899,788
    MURATA MFG CO 6981 223,686 415,877
    MYR GROUP INC DEL 259,583 475,812
    NASDAQ OMX GRP INC 251,624 438,614
    NASPERS LTD SHS CL N ADR 447,820 578,033
    NATERA INC SHS 191,393 734,557
    NATIONAL GRID PLC SHS 306,856 273,309
    NATIONAL STORAGE 109,973 124,123
    NEENAH INC 308,884 255,523
    NESTLE S A REP RG SH ADR 528,652 722,483
    NESTLE SA CHAM UND VEVE 887,558 1,176,411
    NETEASE.COM INC ADR 232,932 411,719
    NETFLIX COM INC 244,364 409,873
    NETGEAR INC 122,911 186,614
    NETWK INT HOLD-UNSP 288,660 269,822
    NEW ORIENTAL EDUCATIO 356,720 518,967
    NEXSTAR MEDIA GROUP INC 115,894 146,642
    NIDEC CORP 6594 296,550 566,496
    NIKE INC CL B 170,120 324,927
    NIPPON TEL & TEL 9432 430,385 431,756
    NITORI HOLDINGS 333,938 354,313
    NMI HOLDINGS INC SHS 145,879 196,466
    NORDSON CORP 1,059,527 1,625,879
    NORTHROP GRUMMAN CORP 521,397 541,283
    NORTHWESTERN CORP 394,003 363,796
    NOVARTIS ADR 149,446 182,671
    NOVO NORDISK A S ADR 486,038 614,610
    NOVO NORDISK A/S SHS 1,084,615 1,417,304
    NUVASIVE INC 333,314 310,942
    NVIDIA 156,146 372,728
    NXP SEMICONDUCTORS N.V. 270,734 318,179
    OLD NATL BANCORP IND 309,930 286,256
    OMNICELL INC 185,864 243,041
    OPEN TEXT CORP COM 318,807 427,779
    ORACLE CORP $0.01 DEL 3,227,803 7,762,800
    PACIFIC PREMIER BANCORP 170,998 230,338
    PAGSEGURO DIGITAL LTD 136,578 230,250
    PATTERSON UTI ENERGY INC 96,585 57,813
    PAYPAL HOLDINGS INC SHS 217,014 413,363
    PDC ENERGY INC 114,508 172,247
    PEBBLEBROOK HOTEL TRUST 186,786 142,166
    PEPSICO INC 244,646 279,694
    PERNOD RICARD 562,947 655,560
    PHYSICIANS RLTY TR 290,355 299,289
    PING AN INS GROUP CO 510,233 687,397
    PIONEER NATURAL RES CO 89,015 124,254
    PJSC LUKOIL SPONSORED 259,063 382,393
    PLANTRONICS INC NEW COM 45,899 38,626
    PNC FINCL SERVICES GROUP 382,594 442,552
    POOL CORPORATION 429,873 1,000,163
    PPG INDUSTRIES INC SHS 422,048 576,698
    PRESTIGE CONSUMER 272,654 280,773
    PRIMERICA INC COM 85,464 99,912
    PROCTER & GAMBLE CO 330,415 406,289
    PROSPERITY BANCSHARES 1,023,078 1,075,496
    PROSUS N V 305,515 424,495
    PRUDENTIAL PLC ADR 246,243 326,795
    PT BANK CENT ASIA TBK 150,395 260,369
    PTC THERAPEUTICS 253,661 290,198
    Q2 HOLDINGS INC SHS 268,467 544,079
    QUAKER CHEMICAL CORP 221,389 331,688
    RAPID7 ORD 272,413 582,163
    RAYTHEON TECHNOLOGIES 5,586,292 6,854,234
    RECKITT BENCKISER GROUP 720,938 786,947
    RECRUIT HOLDINGS CO.LTD. 191,183 307,737
    RELX PLC 874,627 971,568
    REXNORD CORP NEW 280,669 395,334
    RIO TINTO PLC 198,685 242,935
    RIO TINTO PLC SPNSRD ADR 317,672 408,069
    RLI CORP ILLINOIS COM 140,555 181,846
    ROCHE HLDG LTD SPN ADR 713,050 827,436
    ROYAL BANK CANADA PV$1 421,222 463,721
    RPM INTERNATIONAL INC 1,249,434 2,074,846
    RPT RLTY SH BEN INT 200,451 128,556
    RYANAIR HOLDINGS PLC SHS 107,637 106,791
    SAFRAN SA 961,343 1,230,160
    SALESFORCE COM INC 965,100 13,915,023
    SANOFI ADR 425,554 457,718
    SAP SE 856,371 970,372
    SAP SE SHS 282,532 329,748
    SBERBANK SPONSORED ADR 147,517 162,012
    SCHEIN (HENRY) INC COM 533,814 578,473
    SEA LTD 297,760 524,695
    SEI INVT CO PA PV $0.01 1,130,111 1,735,316
    SELECTIVE INS GRP INC 275,973 288,818
    SEMTECH CORPORATION 255,156 386,763
    SERVICE CORP INTL 732,800 866,335
    SHERWIN WILLIAMS 220,278 350,944
    SHIN ETSU CHEMICAL 4063 606,550 1,084,899
    SHINHAN FINL GRP SP ADR 269,822 234,234
    SHIONOGI & CO LTD 4507 628,428 610,028
    SHOCKWAVE MEDICAL INC 130,979 293,942
    SIBANYE STILLWTR LTD SHS 86,354 123,910
    SILICON LABS INC 196,522 269,451
    SILICON MOTION TECH ADR 153,662 178,492
    SK TELECOM ADR 579,145 647,211
    SMC CORP 6273 624,884 982,860
    SNAP INC CL A 190,553 541,507
    SOFTBANK GROUP CORP 393,597 724,123
    SONIC AUTOMOTIVE INC A 120,962 111,892
    SONY CORP ADR NEW 763,331 1,216,840
    SOUTH JERSEY IND 488,086 332,888
    SOUTH STATE CORP 367,693 337,713
    SOUTHERN COMPANY 700,026 754,852
    SPECTRUM PHARMACEUTICALS 96,730 68,231
    SPIRE INC 429,358 368,920
    SPOTIFY TECH S.A. REG 104,213 255,189
    ST MICROELEC SIC 1.04EUR 324,373 388,977
    STANLEY BLACK & DECKER 371,764 460,863
    STARBUCKS CORP 2,825,811 13,158,540
    STEVEN MADDEN LTD SHS 451,451 527,257
    STIFEL FINANCIAL CORP 274,044 397,070
    STRAUMANN HLDGS 524,964 724,658
    SUMMIT MATLS INC 99,544 103,713
    SUNNY OPTICAL TECH-UNSP 162,498 272,430
    SUPERNUS PHARMACEUTICALS 203,343 224,452
    SUZUKI MOTOR CORP 7269 260,316 279,662
    TABULA RASA HEALTHCARE 319,121 264,580
    TAIWAN S MANUFCTRING ADR 1,986,915 5,879,887
    TAYLOR MORRISON HOME 252,780 299,592
    TELEFLEX INC 601,420 913,066
    TENCENT HOLDINGS LTD ADR 1,351,353 2,453,027
    TENCENT HOLDINGS LTD SHS 707,998 1,042,845
    TERMINIX GLOBAL HLDGS 2,244,530 2,778,464
    TERUMO 4543 FN 462,342 549,248
    TESLA INC 247,690 247,690
    TETRA TECH INC NEW 325,113 515,916
    TEXAS INSTRUMENTS 797,982 1,254,002
    TEXAS ROADHOUSE INC-CL A 242,321 365,711
    TFI INTERNATIONAL INC 354,475 398,352
    THE CHILDREN'S PLACE INC 101,891 103,056
    THERMO FISHER SCIENTIFIC 1,503,612 12,214,127
    THOMSON REUTERS CORP REG 297,669 307,251
    T-MOBILE US INC SHS 447,451 565,291
    TOKYO ELECTRON 8035 FN 270,545 286,015
    TOTAL SE 655,319 593,212
    TOWER SEMICONDUCTOR 244,090 395,407
    TOYOTA MOTOR CORP ADR 274,496 296,620
    TRANE TECHNOLOGIES PLC 233,178 479,688
    TRANSMEDICS GROUP INC 54,662 62,148
    TRANSUNION 476,341 1,095,971
    TRAVELERS COS INC 272,318 311,532
    TRAVERE THERAPEUTICS INC 206,658 346,302
    TRIMBLE INC 826,963 1,669,384
    TRIP.COM GROUP LTD 207,094 234,491
    TSINGTAO BREW SP ADR H 171,083 259,573
    TWILIO INC CL A 235,767 253,537
    UBISOFT ENTERTAINMENT 306,552 459,938
    ULTA BEAUTY INC 1,141,593 1,666,102
    ULTRAGENYX 257,126 639,547
    UMPQUA HLDGS CORP ORE 1,202,912 1,235,934
    UNI CHARM CO LTD 8113 FN 586,275 884,440
    UNICHARM CORP 176,243 276,995
    UNILEVER PLC 198,914 188,754
    UNILEVER PLC NEW ADR 431,390 539,188
    UNION PACIFIC CORP 1,824,095 10,597,032
    UNITED COMMUNITY BANKS 261,999 285,623
    US BANCORP 430,950 367,907
    US ECOLOGY INC 288,494 189,752
    VALLEY NATL BANCORP N J 265,628 245,885
    VANDA PHARMACEUTICALS IN 211,470 188,572
    VARONIS SYSTEMS INC SHS 139,418 225,127
    VERTEX PHARMCTLS INC 238,792 251,938
    VINCI SA ADR 508,674 579,714
    VISA INC CL A SHRS 255,534 266,194
    W R BERKLEY CORP 2,873,244 3,810,073
    WAL-MART DE MEX SPNADR V 241,789 277,280
    WALMART INC 2,746,673 7,856,175
    WENDYS CO 205,195 238,468
    WERNER ENTERPRISES INC 207,781 212,416
    WESBANCO INC 246,954 219,906
    WESCO INTERNATIONAL INC 119,831 225,374
    WEX INC 2,364,553 3,768,765
    WILLSCOT MOBILE MINI 205,616 297,132
    WIX COM LTD 130,686 234,462
    WNS HOLDINGS LTD SPN ADR 312,560 413,210
    WOODWARD INC 440,309 455,008
    WORTHINGTON INDSTRS OHIO 263,947 330,630
    WSFS FINANCIAL CORP 267,980 322,950
    XP INC 190,971 199,342
    YANDEX N V CL A 308,161 608,547
    YDUQS PARTICIPACOES S A 385,042 375,288
    YELP INC CL A 220,925 224,541
    YETI HLDGS INC 120,511 165,355
    YUM CHINA HOLDINGS INC 189,470 208,778
    ZOETIS INC 209 214

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PROPERTY 1   4,000,000 4,000,000
    PROPERTY 2   8,500,000 8,500,000
    PROPERTY 3   4,200,000 4,200,000
    PROPERTY 4   5,300,000 5,300,000
    PROPERTY 5   17,500,000 17,500,000
    PROPERTY 6   7,409,869 7,409,869
    PROPERTY 7   5,000,000 5,000,000
    PROPERTY 8   4,200,000 4,200,000
    PROPERTY 9   4,200,000 4,200,000
    PROPERTY 10   460,000 460,000
    PROPERTY 11   2,300,000 2,300,000
    PROPERTY 12   15,600,000 15,600,000
    PROPERTY 13   17,000,000 17,000,000
    PROPERTY 14   9,600,000 9,600,000
    PROPERTY 15   13,900,000 13,900,000
    PROPERTY 16   3,900,000 3,900,000
    PROPERTY 17   2,800,000 2,800,000
    PROPERTY 18   5,800,000 5,800,000
    PROPERTY 19   43,600,000 43,600,000
    PROPERTY 20   9,500,000 9,500,000
    PROPERTY 21   1,500,000 1,500,000
    PROPERTY 22   3,000,000 3,000,000
    PROPERTY 23   6,100,000 6,100,000
    PROPERTY 24   4,700,000 4,700,000
    PROPERTY 25   2,700,000 2,700,000
    PROPERTY 26   5,100,000 5,100,000
    PROPERTY 27   2,100,000 2,100,000
    PROPERTY 28   10,000,000 10,000,000
    PROPERTY 29   17,600,000 17,600,000
    PROPERTY 30   13,500,000 13,500,000
    PROPERTY 31   5,400,000 5,400,000
    PROPERTY 32   13,100,000 13,100,000
    PROPERTY 33   12,600,000 12,600,000
    PROPERTY 34   7,500,000 7,500,000
    PROPERTY 35   15,600,000 15,600,000
    PROPERTY 36   3,600,000 3,600,000
    PROPERTY 37   7,000,000 7,000,000
    PROPERTY 38   12,700,000 12,700,000
    PROPERTY 39   3,600,000 3,600,000
    PROPERTY 40   17,900,000 17,900,000
    PROPERTY 41   18,600,000 18,600,000
    PROPERTY 43   351,800 351,800
    PROPERTY 44   3,500,000 3,500,000
    PROPERTY 45   3,400,000 3,400,000
    PROPERTY 46   9,200,000 9,200,000
    PROPERTY 47   7,000,000 7,000,000
    PROPERTY 48   5,500,000 5,500,000
    PROPERTY 49   7,500,000 7,500,000
    PROPERTY 50   6,400,000 6,400,000
    PROPERTY 51   9,900,000 9,900,000
    PROPERTY 52   13,400,000 13,400,000
    PROPERTY 53   11,000,000 11,000,000
    PROPERTY 54   13,600,000 13,600,000
    PROPERTY 55   21,500,000 21,500,000
    PROPERTY 56   3,750,000 3,750,000
    COMMONFUND   449,381,717 665,601,587
    COURTAGEN LIFE   190,441 34,562
    PROVIDENCE EQUITY PARTNERS VII   12,450,897 21,869,121
    PROV EQUITY VIII LP   9,111,102 10,774,455
    CARLYLE GROUP   3,222,917 2,525,337
    BLACKSTONE ALTERNATIVES   3,933,195 3,655,516
    KKR   32,035,975 28,284,489
    LONGWOOD   457,293 445,844
    TPG PTRS HEALTHCARE   4,119,913 4,801,299
    TPG PTRS VIII LP   3,218,732 3,519,179
    HIGHLAND PTRS CLEARBANE SPV   1,496,447 1,479,104
    HIGHLAND PTS LEADERS   6,724,796 9,394,664
    HIGHLAND CAPITAL PRTS   5,568,525 8,912,369
    SJC ONSHORE   38,993,850 38,835,724
    CRESCENT MEZZANINE PTRS   12,250,800 12,840,670
    CLAREANT SCF   9,658,708 7,145,121
    CARLYLE EUROPE   11,583,918 10,953,615
    STRATEGIC PARTNERS OFFSHORE VI   20,008,574 37,758,690
    STRATEGIC PARTNERS OFFSHORE VI   12,406,118 19,523,666
    APOLLO INVESTMENT IX LP   6,045,978 6,969,838
    CARLYLE BUYOUT VII   7,560,896 7,284,975
    OAK V DISTRESSED   220,884 86,467
    ORBIMED HEALTHCARE   7,141,470 11,682,088
    SLP V TECHNOLOGY   17,004,806 25,498,591
    SJC ONSHORE FUND IV   20,669,380 20,669,380
    BLACKSTONE LIFE SCIENCES   1,984,379 2,093,262
    WCAS XIII, LP   4,963,675 6,117,071
    SLP VI TECHNOLOGY   308,269 308,267

    TY 2020 OtherExpensesSchedule
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VET MATERIALS, SUPPLIES & SRVC 34,722,153     34,880,615
    INVESTMENT EXPENSE 18,733,546 18,733,546    
    CONTRACT SERVICES 1,648,094     1,584,907
    SUPPLIES 1,584,994     1,618,815
    REPAIR & MAINTENANCE 605,052   2,569 611,322
    INSURANCE 125,878   1,130 175,072
    TELEPHONE 90,698     92,742
    ADVERTISING 97,759     92,153
    ACTIVITIES & SERVICES 91,170     101,377
    OFFICE SERVICES 12,852     12,698
    STAFF UNIFORMS 2,458     2,458
    DUES & SUBSCRIPTIONS 12,471     12,471
    STAFF TRAINING\SEMINARS 1,148     1,148
    ADP PAYROLL FEES 15,634     15,634
    COVID TESTING 4,860     4,860
    EMPLOYEE APPRECIATION 31,016     31,016
    MISC PETTY CASH EXPENSE 17,402     24,869
    SALES EXPENSE 152,170     152,170
    LICENSE & FEES 8,018     8,018
    STATE FILING FEES 2,000     2,000


    TY 2020 OtherIncomeSchedule2
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    VETERINARY SCHOOL INCOME 72,102,662   72,102,662
    INVESTMENT INCOME - DISREGARDED ENTITY 69,336,243 69,336,243 69,336,243
    PROGRAM SERVICE REVENUE 20,518,332   20,518,332
    OTHER PARTNERSHIP INCOME - K-1 9,383,590 9,383,590 9,383,590
    INVESTMENT INCOME - ALTERNATIVE INVEST -96,939 -96,939 -96,939
    LITIGATION SETTLEMENT INCOME 1,229 1,229  
    BOOK SALES INCOME 5,212 5,212  
    VENDING INCOME 7,200   7,200
    UNRELATED BUSINESS INCOME FROM K-1'S -2,078,428    
    contract revenue 1,651,492   1,651,492


    TY 2020 OtherIncreasesSchedule
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Description Amount
    UNREALIZED GAINS ON PROPERTY 50,878,000


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Description Beginning of Year - Book Value End of Year - Book Value
    DEPOSITS & PREPAYMENTS 28,832,621 26,955,441


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 5,450     5,450


    TY 2020 TaxesSchedule
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES PAID 1,009,211      
    FOREIGN TAXES PAID 290,808 290,808    


    TY 2020 TransfersToControlledEntities
    Name:
    Cummings Foundation Inc
    EIN:
    04-3073023
    Name US /
    Foreign Address    		 EIN Description Amount
    NHC REALTY INC 200 WEST CUMMINGS PARK
    WOBURN,MA01801     		30-0553218 No transfers were made in 2020 0
    HEM REALTY INC 200 WEST CUMMINGS PARK
    WOBURN,MA01801     		30-0553220 No transfers were made in 2020 0
    OneWorld Boston Inc 200 West Cummings Park
    Woburn,MA01801     		80-0681389 No transfers were made in 2020 0
    Total