Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
STONE INSTITUTE AND NEWTON HOME FOR
AGED PEOPLE
Number and street (or P.O. box number if mail is not delivered to street address)277 ELLIOT STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWTON, MA02464
A Employer identification number

04-2105896
B Telephone number (see instructions)

(617) 527-0023
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$11,359,233J 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) 704,632
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,429 2,429 2,429
4 Dividends and interest from securities... 54,803 54,803 54,803
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 115,314
b Gross sales price for all assets on line 6a 386,028
7 Capital gain net income (from Part IV, line 2)... 115,314
8 Net short-term capital gain......... 5,776
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 10,166,197 0 10,166,197
12 Total. Add lines 1 through 11........ 11,043,375 172,546 10,229,205
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 4,463,653 0 4,449,448 14,205
15 Pension plans, employee benefits....... 513,654 0 512,019 1,635
16a Legal fees (attach schedule)......... Click to see attachment 15,359 0 15,310 49
b Accounting fees (attach schedule)....... Click to see attachment 63,494 0 63,292 202
c Other professional fees (attach schedule).... Click to see attachment 420,000 0 418,663 1,337
17 Interest............... 139,158 0 138,715 443
18 Taxes (attach schedule) (see instructions)... Click to see attachment 367,201 0 366,032 1,169
19 Depreciation (attach schedule) and depletion... 349,637 0 349,637
20 Occupancy..............        
21 Travel, conferences, and meetings....... 727 0 727 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,882,511 0 3,870,154 12,357
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,215,394 0 10,183,997 31,397
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 10,215,394 0 10,183,997 31,397
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 827,981
b Net investment income (if negative, enter -0-) 172,546
c Adjusted net income (if negative, enter -0-)... 45,208
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............. 781,759 3,646,464 3,646,464
2 Savings and temporary cash investments......... 148,985 74,115 74,115
3 Accounts receivable bullet1,224,754
Less: allowance for doubtful accounts bullet200,000 894,613 1,024,754 1,024,754
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.......... 249,612 107,992 107,992
10a Investments—U.S. and state government obligations (attach schedule) 65,772 Click to see attachment67,971 67,971
b Investments—corporate stock (attach schedule)....... 1,111,235 Click to see attachment1,467,336 1,467,336
c Investments—corporate bonds (attach schedule)....... 492,745 Click to see attachment504,015 504,015
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 638,417 Click to see attachment589,863 589,863
14 Land, buildings, and equipment: basis bullet12,084,877
Less: accumulated depreciation (attach schedule) bullet8,208,154 3,924,953 3,876,723 3,876,723
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,308,091 11,359,233 11,359,233
Liabilities 17 Accounts payable and accrued expenses.......... 1,082,522 987,289
18 Grants payable.................    
19 Deferred revenue................. 26,039 1,011,262
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 3,605,789 Click to see attachment3,451,941
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment1,309,518
23 Total liabilities (add lines 17 through 22)......... 4,714,350 6,760,010
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........... 3,499,863 4,499,915
25 Net assets with donor restrictions............ 93,878 99,308
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)..... 3,593,741 4,599,223
30 Total liabilities and net assets/fund balances (see instructions). 8,308,091 11,359,233
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
3,593,741
2
Enter amount from Part I, line 27a .....................
2
827,981
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
177,501
4
Add lines 1, 2, and 3 ..........................
4
4,599,223
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
4,599,223
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 LONG TERM INVESTMENT P 2019-01-01 2020-12-31
b SHORT TERM INVESTMENT P 2020-01-01 2020-12-31
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 346,042   236,504 109,538
b 39,986   34,210 5,776
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       109,538
b       5,776
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 2 115,314
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 5,776
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: 1992-12-21(attach copy of letter if necessary–see instructions)
b Reserved................................ 1 N/A
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  
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 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
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. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
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 2021 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 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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.STONEREHABANDSENIORLIVING.COM
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (617) 527-0023

    Located atbullet277 ELLIOT STREETNEWTONMA ZIP+4bullet02464
    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
     
     
    ........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
     
     
    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
    SALLY JENKS PRESIDENT
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    DENNIS C RIESKE VICE PRESIDENT
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    MARK J FITZPATRICK TREASURER
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    MICHAEL ROSSI CLERK
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    MICHAEL ALEXANDER SECRETARY
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    PHIL LACASSE DIRECTOR
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    JOYCE LOCHIATTO DIRECTOR
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    ZEILA DE SOUZA DIRECTOR
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    MARY CASTRO SUMMERS DIRECTOR
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    JEAN M THURSTON DIRECTOR
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    KATHARINE K LAUFER DIRECTOR
    1.00     		0 0 0
    277 ELLIOT STREET
    NEWTON,MA02464
    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
    HINABEN PATEL DIRECTOR OF NURSING
    40.00     		114,646 19,340 0
    277 ELLIOT STREET
    NEWTON,MA02464
    JULIET MOORE LPN
    40.00     		123,594 6,081 0
    277 ELLIOT STREET
    NEWTON,MA02464
    SILVIO CARREIRO DIETARY DIRECTOR
    40.00     		88,226 27,409 0
    277 ELLIOT STREET
    NEWTON,MA02464
    CATHERINE KEOUGH LPN
    40.00     		87,777 9,838 0
    277 ELLIOT STREET
    NEWTON,MA02464
    KATHLEEN BENWAY RN SUPERVISOR
    40.00     		82,135 6,227 0
    277 ELLIOT STREET
    NEWTON,MA02464
    Total number of other employees paid over $50,000...................bullet 28
    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
    HARVARD PRILGRIM HEALTHCARE HEALTH INSURANCE 642,760
    PO BOX 970050
    BOSTON,MA02978
    PARAGON REHABILITATION REHABILIATION SERVICES 471,987
    303 N HURSTBOURNE PKWY STE 200
    LOUISVILLE,KY40222
    CONTINUING CARE MANAGEMEN MANAGEMENT CONSULTING 424,168
    5 LYMAN STREET
    WESTBOROUGH,MA01581
    PERFORMANCE HEALTH SERVICES HOUSEKEEPING SERVICES 401,107
    47 RIVER ST 9
    WELLESLEY,MA02481
    EXPRESS HEALTHCARE SERVICES NURSING PURCHASE SERVICES 227,906
    241 WAVERLY ROAD
    NORTH ANDOVER,MA01845
    Total number of others receiving over $50,000 for professional services.............bullet12
    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 OPERATION OF A 24-BED RETIREMENT HOME FOR AGED PERSONS IN INDIGENT CIRCUMSTANCES, AND AN 82-BED SKILLED NURSING FACILITY. 10,215,394
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    2,390,751
    b
    Average of monthly cash balances.......................
    1b
    1,793,344
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,184,095
    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
    4,184,095
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    62,761
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,121,334
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    206,067
    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
    31,397
    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
    291,722
    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
    323,119
    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
    323,119
    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  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    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  
    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  
    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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    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 ......     		 
    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....  
    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
    1992-12-21
    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
    45,208 141,234 0 0 186,442
    b 85% of line 2a ......... 38,427 120,049 0 0 158,476
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		323,119 966,019 75,197 666,656 2,030,991
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		323,119 966,019 75,197 666,656 2,030,991
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 11,359,233 8,308,091 7,443,034 8,592,754 35,703,112
    (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...     		137,378 94,156 84,671 86,457 402,662
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    GREG HOONJAN
    277 ELLIOT STREET
    NEWTON,MA02464
    (617) 527-0023
    bThe form in which applications should be submitted and information and materials they should include:
    N/A
    cAny submission deadlines:
    NO
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO RESTRICTIONS HAVE BEEN NOTED.
    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
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    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
    aPATIENT RELATED REVENUE         10,166,197
    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 2,429  
    4 Dividends and interest from securities....     14 54,803  
    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 ............     		    14 115,314  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 172,546 10,166,197
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,338,743
    (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.)
    1 LINE 1, PROGRAM SERVICE REVENUE: ALL INCOME RELATED TO PRIVATE OPERATING FOUNDATION PROVIDING NURSING CARE AND OTHER RELATED SERVICES TO RESIDENTS OF THE FACILITY.
    3 LINES 3, 4, AND 14 INVESTMENT INCOME: THE ORGANIZATION USES ITS INVESTMENT INCOME TO SUPPORT ITS MISSION TO PROVIDE NURSING CARE AND OTHER RELATED SERVICES TO RESIDENTS OF THE FACILITY.
    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)
     
    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 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
    STONE INSTITUTE AND NEWTON HOME FOR
    AGED PEOPLE
    Employer identification number

    04-2105896
    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
    STONE INSTITUTE AND NEWTON HOME FOR
    AGED PEOPLE         		Employer identification number
    04-2105896
    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
    US DEPARTMENT OF HEALTH AND HUMAN SERVICES
     
    200 INDEPENDENCE AVENUE SW
     
    WASHINGTON, DC20201

    		$ 206,944


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    EXECUTIVE OFFICE OF HEALTH AND HUMAN SERVICES
     
    1 ASHBURN PL 11TH FLOOR
     
    BOSTON, MA02108

    		$ 494,548


    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    STONE INSTITUTE AND NEWTON HOME FOR
    AGED PEOPLE         		Employer identification number

    04-2105896
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    STONE INSTITUTE AND NEWTON HOME FOR
    AGED PEOPLE         		Employer identification number

    04-2105896
    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:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 63,494 0 63,292 202

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMAZON COM INC 5.200% DUE 12/3/2025 30,337 30,337
    WELLS FARGO CO MTN BE 4.600% DUE 4/1/2021 30,317 30,317
    WYETH 6.450% DUE 2/1/2024 58,909 58,909
    GOLDMAN SACHS GROUP INC 5.250% DUE 7/27/2021 56,544 56,544
    MORGAN STANLEY 5.500% DUE 7/28/2021 25,735 25,735
    JPMORGAN CHASE & CO 3.3% DUE 4/1/2026 39,173 39,173
    BP CAP MKTS P L C 3.994% DUE 9/26/2023 38,325 38,325
    INTERCONTINENTAL EXCHANGE INC 4.000% DUE 10/15/2023 38,424 38,424
    PEPSICO INC 3.600% DUE 3/1/2024 38,193 38,193
    MIDAMERICAN ENERGY CO 3.500% DUE 10/15/2024 55,062 55,062
    CONOCOPHILLIPS CO 4.950% DUE 3/15/2026 30,017 30,017
    ORACLE CORP 3.250% DUE 11/15/2027 62,979 62,979

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALBEMARLE CORP COM 24,340 24,340
    SHERWIN WILLIAMS CO COM 40,420 40,420
    THERMO FISHER SCIENTIFIC INC COM 65,209 65,209
    VERTEX PHARMACEUTICALS COM 24,816 24,816
    ZOETIS INC CL A 71,993 71,993
    APPLE INC COM 163,872 163,872
    MICROSOFT CORP COM 112,322 112,322
    TEXAS INSTRS INC COM 44,479 44,479
    AMAZON COM INC COM 58,625 58,625
    D R HORTON INC COM 25,845 25,845
    HOME DEPOT INC COM 34,531 34,531
    MCDONALDS CORP COM 38,624 38,624
    COSTCO WHSL CORP NEW COM 67,820 67,820
    PEPSICO INC COM 28,177 28,177
    AMERICAN TOWER CORP NEW COM 28,058 28,058
    LAMAR ADVERTISING CO NEW CL A 26,214 26,214
    HONEYWELL INTL INC COM 25,524 25,524
    RAYTHEON TECHNOLOGIES CORP COM 26,602 26,602
    UNITED PARCEL SERVICE INC CL B 29,470 29,470
    INTERCONTINENTAL EXCHANGE INC COM 24,326 24,326
    SCHWAB CHARLES CORP COM 47,736 47,736
    SVB FINANCIAL GROUP COM 31,026 31,026
    ALPHABET INC CAP STK CL C 24,526 24,526
    DISNEY WALT CO COM 44,751 44,751
    AMERICOLD RLTY TR COM 31,059 31,059
    EQUINIX INC COM 29,996 29,996
    EXXON MOBIL CORP COM 10,305 10,305
    SCHLUMBERGER LTD COM 5,894 5,894
    SELECT SECTOR SPDR TR ENERGY 13,265 13,265
    DOW INC COM 56 56
    VULCAN MATLS CO COM 6,674 6,674
    3M CO COM 19,227 19,227
    LOCKHEED MARTIN CORP COM 10,649 10,649
    REPUBLIC SVCS INC COM 5,297 5,297
    XYLEM INC COM 6,616 6,616
    MGM RESORTS INTERNATIONAL COM 18,906 18,906
    LAUDER ESTEE COS INC CL A 5,856 5,856
    JOHNSON & JOHNSON COM 17,312 17,312
    MERCK & CO. INC COM 20,614 20,614
    BK OF AMERICA CORP COM 17,398 17,398
    BROOKFIELD ASSET MGMT INC CL A LTD VT SH 18,572 18,572
    GOLDMAN SACHS GROUP INC COM 17,141 17,141
    JPMORGAN CHASE & CO COM 18,425 18,425
    ADOBE SYSTEMS INCORPORATED COM 5,501 5,501
    INTEL CORP COM 19,679 19,679
    VISA INC COM CL A 4,375 4,375
    ACTIVISION BLIZZARD INC COM 21,820 21,820
    AT&T INC COM 14,725 14,725
    ELECTRONIC ARTS INC COM 18,668 18,668

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    US Government Securities - End of Year Book Value:

    67,971
    US Government Securities - End of Year Fair Market Value:

    67,971
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES INC CORE MSCI EMKT FMV 32,571 32,571
    ISHARES TR MSCI EAFE ETF FMV 26,630 26,630
    ISHARES TR RUS MID CAP ETF FMV 122,773 122,773
    ISHARES TR RUSSELL 2000 ETF FMV 118,812 118,812
    SPDR INDEX SHS FDS EURO STOXX 50 FMV 44,015 44,015
    JP MORGAN EXCHANGE TRADED FD ULTRA SHRT INC FMV 245,062 245,062

    TY 2020 LegalFeesSchedule
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 15,359 0 15,310 49


    TY 2020 MortgagesAndNotesPayableSch
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Total Mortgage Amount: 3,423,794

    Item No. 1
    Lender's Name MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
    Lender's Title  
    Relationship to Insider UNRELATED
    Original Amount of Loan 4,750,000
    Balance Due 3,423,794
    Date of Note 2011-12
    Maturity Date 2021-12
    Repayment Terms MONTHLY
    Interest Rate 3.750000000000
    Security Provided by Borrower ALL REAL & PERSONAL PROPERTY
    Purpose of Loan FINANCING AND REFINANCING THE PROJECT
    Description of Lender Consideration NONE
    Consideration FMV  

    Item No. 2
    Lender's Name VILLAGE BANK
    Lender's Title  
    Relationship to Insider UNRELATED
    Original Amount of Loan 325,000
    Balance Due 0
    Date of Note 2006-11
    Maturity Date 2021-11
    Repayment Terms MONTHLY
    Interest Rate 7.000000000000
    Security Provided by Borrower CONSTRUCTION MORTGAGE LOAN
    Purpose of Loan CONSTRUCTION
    Description of Lender Consideration NONE
    Consideration FMV  

    Item No. 3
    Lender's Name ASCENTIUM CAPITAL
    Lender's Title  
    Relationship to Insider UNRELATED
    Original Amount of Loan 36,254
    Balance Due 28,147
    Date of Note 2019-11
    Maturity Date 2024-11
    Repayment Terms MONTHLY
    Interest Rate 8.560000000000
    Security Provided by Borrower  
    Purpose of Loan FINANCING PROJECT
    Description of Lender Consideration NONE
    Consideration FMV  


    TY 2020 OtherExpensesSchedule
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATION & GENERAL 574,765 0 572,936 1,829
    PLANT EXPENSES 502,057 0 500,459 1,598
    DIETARY EXPENSES 389,572 0 388,332 1,240
    LAUNDRY EXPENSES 6,903 0 6,881 22
    HOUSEKEEPING EXPENSES 380,874 0 379,662 1,212
    NURSING EXPENSES 1,251,171 0 1,247,189 3,982
    SOCIAL SERVICE EXPENSES 41,045 0 40,914 131
    CONSULTANTS 51,567 0 51,403 164
    RECREATION EXPENSES 19,276 0 19,215 61
    ANCILLARY EXPENSES 221,861 0 221,155 706
    EQUIPMENT RENTAL EXPENSE 14,616 0 14,569 47
    USER FEE 428,804 0 427,439 1,365


    TY 2020 OtherIncomeSchedule2
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PATIENT RELATED REVENUE 10,166,197   10,166,197


    TY 2020 OtherIncreasesSchedule
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Description Amount
    UNREALIZED GAIN(LOSS) ON SALE OF INVESTMENTS 174,657
    UNREALIZED GAIN(LOSS) ON SALE OF INVESTMENTS 2,844


    TY 2020 OtherLiabilitiesSchedule
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Description Beginning of Year - Book Value End of Year - Book Value
    REFUNDABLE ADVANCE 0 1,309,518


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 420,000 0 418,663 1,337


    TY 2020 TaxesSchedule
    Name:
    STONE INSTITUTE AND NEWTON HOME FOR
     
    AGED PEOPLE
    EIN:
    04-2105896
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 345,201 0 344,102 1,099
    REAL ESTATE TAXES 22,000 0 21,930 70