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
FRANKLIN SQUARE HOUSE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 78037
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELMONT, MA02478
A Employer identification number

04-2103780
B Telephone number (see instructions)

(617) 312-3400
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$26,397,882J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 903 903  
4 Dividends and interest from securities... 640,730 640,730  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,231,288
b Gross sales price for all assets on line 6a 14,170,938
7 Capital gain net income (from Part IV, line 2)... 1,231,288
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).......      
12 Total. Add lines 1 through 11........ 1,872,921 1,872,921  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 172,105 0   172,105
14 Other employee salaries and wages...... 8,375 0   8,375
15 Pension plans, employee benefits....... 12,552 0   12,552
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 25,243 0   25,243
c Other professional fees (attach schedule).... Click to see attachment 134,070 132,570   1,500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,955 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 18,332 0   18,332
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 389,632 132,570   238,107
25 Contributions, gifts, grants paid....... 1,143,075 1,143,075
26 Total expenses and disbursements. Add lines 24 and 25 1,532,707 132,570   1,381,182
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 340,214
b Net investment income (if negative, enter -0-) 1,740,351
c Adjusted net income (if negative, enter -0-)...  
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............. 255,274 178,826 178,826
2 Savings and temporary cash investments......... 1,743,631 1,035,800 1,035,800
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet14,648
Less: allowance for doubtful accounts bullet0 20,893 14,648 14,648
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 7,520 1,696 1,696
10a Investments—U.S. and state government obligations (attach schedule) 1,440,733 Click to see attachment806,579 838,050
b Investments—corporate stock (attach schedule)....... 10,084,792 Click to see attachment11,464,289 15,399,698
c Investments—corporate bonds (attach schedule)....... 6,220,623 Click to see attachment4,766,966 5,027,426
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,847,772 Click to see attachment3,713,276 3,837,921
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment92,950 Click to see attachment63,817 Click to see attachment63,817
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,714,188 22,045,897 26,397,882
Liabilities 17 Accounts payable and accrued expenses.......... 20,164 38,280
18 Grants payable................. 50,000 50,000
19 Deferred revenue................. 65,297 59,928
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 135,461 148,208
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........... 21,578,727 21,897,689
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)..... 21,578,727 21,897,689
30 Total liabilities and net assets/fund balances (see instructions). 21,714,188 22,045,897
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
21,578,727
2
Enter amount from Part I, line 27a .....................
2
340,214
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
21,918,941
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
21,252
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,897,689
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 SALE OF SECURITY P    
b
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 14,170,938   12,939,650 1,231,288
b
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       1,231,288
b
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 1,231,288
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  
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 24,191
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 0
3 Add lines 1 and 2........................... 3 24,191
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 24,191
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 5,821
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 5,821
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 133
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 18,503
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
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (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.FRANKLINSQUAREHOUSEFOUNDATION.ORG
    14
    The books are in care ofbulletROBERT E GOLDSTEIN EXECUTIVE DIRECTOR Telephone no.bullet (617) 312-3400

    Located atbulletPO BOX 78037BELMONTMA ZIP+4bullet02478
    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
     
     
    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
    ROBERT E GOLDSTEIN EXECUTIVE DIRECTOR
    40.00     		172,105 0 0
    PO BOX 78037
    BELMONT,MA02478
    ELLEN CHRISTIE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    VANESSA CALDERON-ROSADO CLERK
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    JENNIFER GILBERT BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    BARRY MILLS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    JANET FRAZIER TREASURER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    HEMMIE CHANG BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    MARILYN CRONE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    ANITA HUGGINS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    RUTH ELLEN FITCH VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    AUDREY K WANG PRESIDENT
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    LYNDIA DOWNIE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    PATRICIA BELDEN BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    CHIP FLOWERS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    DEBORAH CHAUSSE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    MARK RICKABAUGH BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    23,303,489
    b
    Average of monthly cash balances.......................
    1b
    629,058
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,932,547
    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
    23,932,547
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    358,988
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,573,559
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,178,678
    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
    1,178,678
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    24,191
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    24,191
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,154,487
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,154,487
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,154,487
    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
    1,381,182
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,381,182
    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
    1,381,182
    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 1,154,487
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 251,711
    fTotal of lines 3a through e........ 251,711
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,381,182
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,154,487
    e Remaining amount distributed out of corpus 226,695
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 478,406
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 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) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		478,406
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 251,711
    e Excess from 2020.... 226,695
    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
     
    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
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ROBERT E GOLDSTEIN
    PO BOX 78037
    BELMONT,MA02478
    (617) 312-3400
    bThe form in which applications should be submitted and information and materials they should include:
    POTENTIAL GRANTEES ARE REQUIRED TO CONTACT THE EXECUTIVE DIRECTOR AND GO THROUGH AN INITIAL SCREENING PROCESS VIA TELEPHONE TO DETERMINE IF THE ORGANIZATION IS WITHIN THE PARAMETERS OF THE FOUNDATION'S MISSION AND APPROPRIATE FOR FUNDING. THE APPLICATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. GRANT SUBMISSIONS ARE SUBMITTED VIA MAIL TO THE FOUNDATION'S PO BOX AND ELECTRONICALLY, IN ADVANCE OF THE DEADLINE. THE EXECUTIVE DIRECTOR THEN REVIEWS THE APPLICATIONS FOR COMPLETENESS, WRITES A SUMMARY AND DISTRIBUTES A LIST OF ALL SUBMISSIONS AND THE AMOUNT OF ALL GRANT REQUESTS TO THE BOARD OF DIRECTORS. SITE VISITS ARE CONDUCTED BY BOARD MEMBERS. THE FOLLOWING ITEMS ARE REQUIRED AS PART OF THE APPLICATION PROCESS: A COMPLETED STANDARD APPLICATION FORM, IRS DETERMINATION LETTER, 1ST PAGE OF FORM 990, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, PROJECT BUDGET, LIST OF OTHER FUNDING SOURCES, ORGANIZATION BUDGET AND PROJECT TIMELINE.
    cAny submission deadlines:
    YES, SUBMISSION DEADLINES ARE SET FOR EACH ANNUAL GRANT CYCLE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MUST BE HOUSING RELATED AND IN SUPPORT OF THE FOUNDATION'S MISSION
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ROBERT E GOLDSTEIN
    PO BOX 78037
    BELMONT,MA02478
    (617) 312-3400
    bThe form in which applications should be submitted and information and materials they should include:
    POTENTIAL GRANTEES ARE REQUIRED TO CONTACT THE EXECUTIVE DIRECTOR AND GO THROUGH AN INITIAL SCREENING PROCESS VIA TELEPHONE TO DETERMINE IF THE ORGANIZATION IS WITHIN THE PARAMETERS OF THE FOUNDATION'S MISSION AND APPROPRIATE FOR FUNDING. THE APPLICATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. GRANT SUBMISSIONS ARE SUBMITTED VIA MAIL TO THE FOUNDATION'S PO BOX AND ELECTRONICALLY, IN ADVANCE OF THE DEADLINE. THE EXECUTIVE DIRECTOR THEN REVIEWS THE APPLICATIONS FOR COMPLETENESS, WRITES A SUMMARY AND DISTRIBUTES A LIST OF ALL SUBMISSIONS AND THE AMOUNT OF ALL GRANT REQUESTS TO THE BOARD OF DIRECTORS. SITE VISITS ARE CONDUCTED BY BOARD MEMBERS. THE FOLLOWING ITEMS ARE REQUIRED AS PART OF THE APPLICATION PROCESS: A COMPLETED STANDARD APPLICATION FORM, IRS DETERMINATION LETTER, 1ST PAGE OF FORM 990, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, PROJECT BUDGET, LIST OF OTHER FUNDING SOURCES, ORGANIZATION BUDGET AND PROJECT TIMELINE.
    cAny submission deadlines:
    YES, SUBMISSION DEADLINES ARE SET FOR EACH ANNUAL GRANT CYCLE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    IN ADDITION TO BEING A 501(C)(3) ORGANIZATION, GRANTEE MUST BE RACIALLY AND ECONOMICALLY MIXED AND HAVE A HEALTHY MIX OF SUBSIDIZED STUDENTS.
    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
    ACTION INC
    180 MAIN ST
    GLOUCESTER,MA01930     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    ASCENTRIA COMMUNITY SERVICE
    14 E WORCESTER ST
    WORCESTER,MA01604     		NONE PUBLIC CHARITY HOUSING - CAPITAL GRANT 50,000
    ASCENTRIA COMMUNITY SERVICE
    14 E WORCESTER ST
    WORCESTER,MA01604     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    ASPIRE DEVELOPMENTAL SERVICES
    176 FRANKLIN ST
    LYNN,MA01904     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    ATASK - ASIAN TASK FORCE
    PO BOX 120108
    BOSTON,MA02112     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    ATASK - ASIAN TASK FORCE
    PO BOX 120108
    BOSTON,MA02112     		NONE PUBLIC CHARITY HOUSING GRANT - DOMESTIC VIOLENCE SHELTER 24,850
    BEVERLY CHILDREN'S LEARNING CENTER
    550 CABOT STREET
    BEVERLEY,MA01915     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - CAPITAL IMPROVEMENTS 9,965
    BEVERLY CHILDREN'S LEARNING CENTER
    550 CABOT STREET
    BEVERLEY,MA01915     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - COVID EMERGENCY GRANT 5,000
    BOSTON CHINATOWN NEIGHBORHOOD ASSOCIATION
    885 WASHINGTON STREET
    BOSTON,MA02111     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    BOYS AND GIRLS CLUB OF DORCHESTER
    1135 DORCHESTER AVE
    DORCHESTER,MA02125     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    BRIDGEWELL
    10 DEARBORN ROAD
    PEABODY,MA01960     		NONE PUBLIC CHARITY HOUSING GRANT 37,300
    BRIDGEWELL
    10 DEARBORN ROAD
    PEABODY,MA01960     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    BROCKTON DAY NURSERY
    243 CRESCENT STREET
    BROCKTON,MA02302     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    CASA ESPERANZA
    302 EUSTIS STREET
    ROXBURY,MA02119     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - RECOVERY HOME FOR WOMEN AND CHILDREN 43,950
    CASA ESPERANZA
    302 EUSTIS STREET
    ROXBURY,MA02119     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - RECOVERY HOME FOR WOMEN AND CHILDREN 5,000
    CASA MYRNA VAZQUEZ
    451 BLUE HILL AVE
    BOSTON,MA02121     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 1,850
    CASA MYRNA VAZQUEZ
    451 BLUE HILL AVE
    BOSTON,MA02121     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    CASA NUEVA VIDA
    53 GLEN RD
    BOSTON,MA02130     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    CASPARBAYCOVE
    PO BOX 45538
    SOMERVILLE,MA02145     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - RECOVERY HOME FOR WOMEN 69,829
    CASPARBAYCOVE
    PO BOX 45538
    SOMERVILLE,MA02145     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - RECOVERY HOME FOR WOMEN 5,000
    CENTERBOARD
    16 CITY HALL SQUARE
    LYNN,MA01901     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - TEEN LIVING PROGRAM 5,000
    CITIZENS FOR ADEQUATE HOUSING
    32 HANSON ST
    SALEM,MA01970     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    COMMUNITY ACTION OF CAPE COD & THE ISLANDS
    88 NORTH STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - DOMESTIC VIOLENCE SHELTER 52,612
    COMMUNITY ACTION OF CAPE COD & THE ISLANDS
    88 NORTH STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - DOMESTIC VIOLENCE SHELTER 5,000
    COMMUNITY HEALTHLINK
    72 JAQUES AVENUE
    WORCESTER,MA01610     		NONE PUBLIC CHARITY HOUSING & SHELTER - COVID EMERGENCY GRANT 5,000
    COMMUNITY TEAMWORK
    155 MERRIMACK STREET
    LOWELL,MA01852     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - 8 NOTRE DAME STREET 5,000
    EAST BOSTON SOCIAL CENTERS
    68 CENTRAL SQUARE
    EAST BOSTON,MA02128     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    EAST END HOUSE
    105 SPRING ST
    CAMBRIDGE,MA02141     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    EDWINA MARTIN HOUSE
    870 NORTH MAIN STREET
    BROCKTON,MA02301     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - WOMEN'S SOBER HOUSING 5,000
    ELLIS MEMORIAL
    58 BERKELEY STREET
    BOSTON,MA02116     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    EMMAUS
    127 HOW STREET
    HAVERHILL,MA01830     		NONE PUBLIC CHARITY HOUSING & SHELTER - COVID EMERGENCY GRANT 5,000
    EMPATH
    ONE WASHINGTON MALL
    BOSTON,MA02108     		NONE PUBLIC CHARITY HOUSING & SHELTER - COVID EMERGENCY GRANT 5,000
    EPIPHANY SCHOOL
    154 CENTRE STREET
    DORCHESTER,MA02124     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    FAMILY AID BOSTON
    3815 WASHINGTON STREET
    BOSTON,MA02130     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - 136-138 PLEASANT STREET 5,000
    FATHER BILLS & MAINSPRING
    430 BELMONT STREET
    BROCKTON,MA02301     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - RUST HOUSE 5,000
    FOCUS INC
    27 MICA LANE 3RD FLOOR
    WELLESLEY,MA02481     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT 59,373
    FOCUS INC
    27 MICA LANE 3RD FLOOR
    WELLESLEY,MA02481     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    FRIENDS OF BOSTON'S HOMELESS
    12 WISE STREET
    JAMAICA PLAIN,MA02130     		NONE PUBLIC CHARITY CAPITAL GRANT - SUPPORTIVE HOUSING 21,440
    FRIENDS OF BOSTON'S HOMELESS
    12 WISE STREET
    JAMAICA PLAIN,MA02130     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - SUPPORTIVE HOUSING 5,000
    HATTIE B COOPER COMMUNITY CENTER
    1891 WASHINGTON ST
    BOSTON,MA02118     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    HAWC
    27 CONGRESS ST
    SALEM,MA01970     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT 32,000
    HAWC
    27 CONGRESS ST
    SALEM,MA01970     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    HEADING HOME
    529 MAIN STREET
    CHARLESTOWN,MA02129     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - DEVON FAMILY SHELTER 5,000
    HEALTH IMPERATIVES
    942 W CHESTNUT ST
    BROCKTON,MA02301     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    HORIZONS FOR HOMELESS CHILDREN
    1705 COLUMBUS AVENUE
    ROXBURY,MA02119     		NONE PUBLIC CHARITY HOUSING & SHELTER - COVID EMERGENCY GRANT 5,000
    HOUSE OF HOPE
    812 MERRIMACK STREET
    LOWELL,MA01854     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - HOMELESS FAMILY SHELTER 5,000
    HOUSING ASSISTANCE CORPORATION
    460 WEST MAIN STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - ANGEL HOUSE 5,000
    HOUSING FAMILIES
    354 CROSS STREET
    MALDEN,MA02148     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - PERMANENT HOUSING FOR HOMELESS FAMILIES 5,000
    IBA
    405 SHAWMUT AVENUE
    BOSTON,MA02118     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    INTERNATIONAL INSTITUTE OF GREATER LAWRENCE
    25 AMESBURY STREET
    LAWRENCE,MA01840     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    LAZARUS HOUSE
    PO BOX 408
    LAWRENCE,MA01842     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - ISHAH HOUSE 5,000
    LITTLE VOICES
    104 NEEDHAM STREET
    HYDE PARK,MA02136     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    LYNN SHELTER ASSOCIATION
    91 LIBERTY STREET
    LYNN,MA01901     		NONE PUBLIC CHARITY HOUSING - COVID EMERGENCY GRANT 5,000
    MERRIMACK VALLEY YMCA
    360 MERRIMACK STREET BLDG 9
    LAWRENCE,MA01843     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    NEW HOPE
    140 PARK STREET
    ATTLEBORO,MA02703     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - DOMESTIC VIOLENCE SHELTER 5,000
    NORTHSTAR LEARNING CENTERS INC
    53 LINDEN STREET
    NEW BEDFORD,MA02740     		NONE PUBLIC CHARITY CHILDCARE - COVID EMERGENCY GRANT 5,000
    NURTURY
    2201 WASHINGTON STREET SUITE 306
    ROXBURY,MA02116     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    PAIGE ACADEMY
    26 HIGHLAND AVE
    BOSTON,MA02119     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    PINE STREET INN
    444 HARRISON AVENUE
    BOSTON,MA02118     		NONE PUBLIC CHARITY HOUSING & SHELTER GRANT - COVID EMERGENCY GRANT 50,770
    PLYMOUTH AREA COALITION FOR THE HOMELESS
    149 BISHOPS HIGHWAY
    KINGSTON,MA02364     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - PILGRIM'S HOPE SHELTER 5,000
    PROJECT HOPE
    550 DUDLEY STREET
    ROXBURY,MA02119     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    REACH
    PO BOX 540024
    WALTHAM,MA02454     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    RESPOND
    PO BOX 555
    SOMERVILLE,MA02143     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    ROSIE'S PLACE
    889 HARRISON AVE
    BOSTON,MA02118     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT 16,449
    ROSIE'S PLACE
    889 HARRISON AVE
    BOSTON,MA02118     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    SOUTH MIDDLESEX OPPORTUNITY COUNCIL (SMOC)
    7 BISHOP STREET
    FRAMINGHAM,MA01702     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - HOMELESS FAMILY SHELTER 5,000
    THE DIMOCK CENTER
    55 DIMOCK STREET
    ROXBURY,MA02119     		NONE PUBLIC CHARITY COVID EMERGENCCY GRANT 15,271
    THE DIMOCK CENTER
    55 DIMOCK STREET
    ROXBURY,MA02119     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT/DISCRETIONARY GRANT 90,000
    THE DIMOCK CENTER
    55 DIMOCK STREET
    ROXBURY,MA02119     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    THE PSYCOLOGICAL CENTER
    11 UNION STREET
    LAWRENCE,MA01840     		NONE PUBLIC CHARITY HOUSING & SHELTER - COVID EMERGENCY GRANT 5,000
    THE SECOND STEP
    PO BOX 600213
    NEWTONVILLE,MA02460     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT 49,916
    THE SECOND STEP
    PO BOX 600213
    NEWTONVILLE,MA02460     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    UNITED SOUTH END SETTLEMENTS
    48 RUTLAND STREET
    BOSTON,MA02118     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT 50,000
    UNITED SOUTH END SETTLEMENTS
    48 RUTLAND STREET
    BOSTON,MA02118     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    UUUM
    10 PUTNAM ST
    ROXBURY,MA02119     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT 62,500
    UUUM
    10 PUTNAM ST
    ROXBURY,MA02119     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    VICTORY PROGRAMS
    965 MASSACHUSETTS AVENUE
    BOSTON,MA02118     		NONE PUBLIC CHARITY HOUSING - COVID EMERGENCY GRANT 5,000
    VIETAID
    42 CHARLES ST
    BOSTON,MA02122     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    VOLUNTEERS OF AMERICA
    441 CENTER STREET
    JAMAICA PLAIN,MA02130     		NONE PUBLIC CHARITY HOUSING - COVID EMERGENCY GRANT 5,000
    WESLEY CHILDCARE CENTER
    29 STANTON ST
    BOSTON,MA02124     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    WOBURN COUNCIL FOR SOCIAL CONCERN
    2 MERRIMAC STREET
    WOBURN,MA01801     		NONE PUBLIC CHARITY CHILDCARE - COVID EMERGENCY GRANT 5,000
    YMCA METRO NORTH
    2 CENTENNIAL DR 4A
    PEABODY,MA01960     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    YMCA OF GREATER BOSTON
    316 HUNTINGTON AVENUE
    BOSTON,MA02115     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 5,000
    YMCA OF NORTHEASTERN MA
    38 LAWRENCE STREET
    LAWRENCE,MA01840     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    YMCA SOUTHCOAST
    128 UNION STREET
    NEW BEDFORD,MA02740     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD PROGRAM 5,000
    YWCA OF CENTRAL MA
    1 SALEM ST
    WORCESTER,MA01608     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT 50,000
    YWCA OF CENTRAL MA
    1 SALEM ST
    WORCESTER,MA01608     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    YWCA OF GREATER NEWBURYPORT
    13 MARKET ST
    NEWBURYPORT,MA01950     		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 5,000
    YWCA OF NE MA
    38 LAWRENCE STREET
    LAWRENCE,MA01840     		NONE PUBLIC CHARITY HOUSING & SHELTER - COVID EMERGENCY GRANT 10,000
    Total .................................bullet 3a 1,143,075
    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
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 903  
    4 Dividends and interest from securities....     14 640,730  
    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 ............     		    18 1,231,288  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURN OF GRANT FUNDING     		         
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,872,921 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,872,921
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (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

    TY 2020 AccountingFeesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 25,243 0   25,243

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Name of Bond End of Year Book Value End of Year Fair Market Value
    50000 WYNDHAM DESTINATI 51,116 51,000
    100000 BANK OF MONTREA 100,577 104,790
    1000000 THE SOUTHERN CO 105,816 105,880
    100000 WELLTOWER INC. 112,583 113,003
    125000 ISTAR INC 130,381 126,563
    125000 WELLS FARGO & CO 136,464 138,545
    250000 AUTOZONE INC 252,607 258,853
    25000 RADIAN GROUP 25,875 26,156
    25000 TRI POINTE GROUP 26,465 27,250
    50000 EQM MIDSTREAM 50,430 52,250
    75000 SHS THE HOME DEPOT 73,097 75,210
    75000 PEPSICO INC 73,147 75,267
    75000 PRAXAIR INC. 73,534 76,372
    75000 SYSCO CORP 73,544 75,729
    150000 TRINITY INDUSTRIES 148,039 157,707
    100000 HASBRO INC 100,449 100,479
    100000 MAIN STREET CAPITAL 102,920 103,143
    125000 BANK OF AMERICA 146,169 145,239
    100000 NORTHERN TRUST 106,529 115,600
    100000 WALMART INC. 109,575 117,531
    125000 SHS THE KROGER CO 125,197 125,129
    98000 HEALTHPEAK 98,244 105,252
    125000 THE CHARLES SCHWAB 128,517 141,194
    125000 US BANCORP 129,051 139,172
    125000 SHS CBRE SERVICES 129,880 147,500
    125000 OLD REPLUBLIC INC 131,274 142,665
    150000 SHS CAMPBELL SOUP CO 148,164 154,798
    150000 SHS AT&T INC 148,475 155,159
    150000 SHS CITIGROUP INC 165,779 166,481
    250000 SHS CAPITAL ONE FINL 246,960 283,290
    250000 SHS THE GOLDMAN SACHS 254,067 274,769
    250000 SHS ARCH CAPITAL FIN 259,147 289,598
    250000 MASCO CORP 261,681 287,594
    250000 SHS PRIMERICA INC 257,215 266,235
    275000 SHS JCMORGAN CHASE 283,998 302,023

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Name of Stock End of Year Book Value End of Year Fair Market Value
    822 POOL CORP 216,270 304,530
    350 ESTEE LAUDER CO INC 67,363 93,166
    4272 CISCO SYSTEMS INC 170,545 191,051
    5000 SYNCHRONY FI 5.625% PFD 126,664 133,500
    1578 L3HARRIS TECHNOLOGIES INC 281,379 297,506
    1575 HUNTINGTON INGALLS 269,520 267,164
    6433 BANK OF NY 266,353 271,293
    6000 CAPITAL ONE FI 149,214 156,000
    2214 IBM CORP 278,823 277,663
    6000 DIGITAL REALTY 153,574 163,800
    7000 BANK OF AMERICA 174,749 177,030
    1717 IDEX CORP 323,998 340,372
    3363 SYSCO CORP 245,578 249,128
    8395 TRUIST FINL CO 5.2% PFD 209,486 213,233
    10000 NTNL STORAGE AFF 6% PFD 232,454 263,900
    2392 SHS BROADRIDGE FINL SOL 199,838 365,469
    1229 SHS AIR PROD 177,211 334,604
    775 JOHNSON & JOHNSON 180,743 270,379
    2210 SHS AUTO DATA PROCESSING 218,359 387,777
    2398 SHS ANALOG DEVICES 294,253 353,393
    2145 SHS DOMINION RESOURCES 137,254 160,370
    2180 ACCENTURE PLC 310,558 566,749
    3950 SHS MICROSOFT CORP 382,409 879,469
    1510 SHS HOME DEPOT INC 241,249 401,426
    6015 SHS NEXTERA ENERGY INC 283,541 461,152
    2275 PROCTER & GAMBLE 206,174 315,912
    4090 VALERO ENERGY CORP 266,683 231,046
    1595 SHS UNION PACIFIC CORP 233,140 330,213
    8395 TRUIST FINL CORP 209,486 213,233
    1610 SHS ABBVIE INC 223,775 298,823
    3080 SHS MARCH & MC LENNAN CO 259,715 357,878
    1953 SHS FIDELITY NATL INFO 211,756 275,224
    2970 SHS JPMORGAN CHASE & CO 261,684 376,975
    4274 SHS ABBOTT LABORATORIES 223,865 467,074
    2864 SHS WALT DISNEY CO 413,537 518,666
    1423 SHS VISA INC 197,977 312,100
    2408 SHS APPLE INC 281,155 634,724
    4920 SHS TAUBMAN CENTE 181,104 185,500
    2250 SHS HONEYWELL INTL INC 332,517 476,807
    3898 LAS VEGAS SANDS CORP 229,615 231,299
    3230 SHS INTERCONTINENTAL 264,037 369,531
    3995 SHS MERCK & CO INC 273,302 325,642
    2025 SHS MEDTRONIC PLC 257,174 365,712
    6000 SHS STAG INDUSTR 160,517 152,100
    1251 SHS ANTHEM INC. 366,313 399,138
    7000 SHS BOSTON PROPER 172,320 181,650
    4725 SHS COMCAST CORP 265,310 378,304
    1896 SHS PEPSICO INCORPORATED 240,682 280,957
    200 SHS EQUINIX 141,066 141,066

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    US Government Securities - End of Year Book Value:

    806,579
    US Government Securities - End of Year Fair Market Value:

    838,050
    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:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    445 EQUINIX INC AT COST 304,801 316,040
    8800 PS BUSINESS AT COST 212,035 241,032
    2495 VANGUARD MID CAP ETF AT COST 499,433 515,891
    11840 SCHWAB US DIVIDEND AT COST 747,409 759,418
    6615 ISHARES MSCI USA QLTY AT COST 750,995 768,729
    ISHARES CORE S&P 500 AT COST 1,092,588 1,128,625
    1300 SHS LAMAR ADVERTISING AT COST 106,015 108,186

    TY 2020 OtherAssetsSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 82,492 57,542 57,542
    INTANGIBLE ASSETS - SOFTWARE 10,458 6,275 6,275


    TY 2020 OtherDecreasesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Description Amount
    ADJUSTMENT TO COST BASIS 21,252


    TY 2020 OtherExpensesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES, FEES AND SUBSCRIPTION 1,030 0   1,030
    WEBSITE EXPENSES 627 0   627
    OFFICE EXPENSES 6,828 0   6,828
    INSURANCE 2,735 0   2,735
    TELEPHONE 1,179 0   1,179
    MISCELLANEOUS DONATIONS 1,750 0   1,750
    AMORTIZATION 4,183 0   4,183


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER CONSULTANTS 1,500 0   1,500
    INVESTMENT ADVISORY FEES 132,570 132,570   0


    TY 2020 TaxesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX ON INVESTMENT INCOME 18,955 0   0