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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
RALPH WALDO EMERSON MEMORIAL ASSOCIATION
 
Number and street (or P.O. box number if mail is not delivered to street address)JM FORBES 121 MT VERNON ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02108
A Employer identification number

04-2095785
B Telephone number (see instructions)

(617) 423-5705
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$1,936,402J 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) 110,710
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 21,390 21,330  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 43,685
b Gross sales price for all assets on line 6a 196,573
7 Capital gain net income (from Part IV, line 2)... 43,685
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 9,189 0 9,189
12 Total. Add lines 1 through 11........ 184,974 65,015 9,189
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 23,526 0 0 23,526
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,400 11,400 0 0
c Other professional fees (attach schedule).... Click to see attachment 11,417 11,417 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,671 227 0 1,926
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,170 0 4,470
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 28,480 0 0 28,480
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,664 23,044 4,470 53,932
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 81,664 23,044 4,470 53,932
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 103,310
b Net investment income (if negative, enter -0-) 41,971
c Adjusted net income (if negative, enter -0-)... 4,719
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 3,666 13,662 13,662
2 Savings and temporary cash investments......... 166 166 166
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 187,847 Click to see attachment210,688 212,064
b Investments—corporate stock (attach schedule)....... 424,159 Click to see attachment507,704 965,975
c Investments—corporate bonds (attach schedule)....... 176,809 Click to see attachment165,368 163,607
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet587,113
Less: accumulated depreciation (attach schedule) bullet6,185 584,922 Click to see attachment580,928 580,928
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,377,569 1,478,516 1,936,402
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 569,774 700,780
27 Paid-in or capital surplus, or land, bldg., and equipment fund 807,795 777,736
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 1,377,569 1,478,516
30 Total liabilities and net assets/fund balances (see instructions). 1,377,569 1,478,516
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,377,569
2
Enter amount from Part I, line 27a .....................
2
103,310
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,480,879
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,363
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,478,516
Form 990-PF (2021)
Form 990-PF (2021)
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 FIDELITY CONS INCOME BOND-IS P 2020-09-10 2021-03-09
b FEDERATED HERMES MUNI ULTRASHORT-R6 P 2020-09-10 2021-04-22
c FIDELITY CONS INCOME BOND-IS P 2020-06-25 2021-04-22
d RIO TINTO PLC SPONS ADR P 2021-06-09 2021-12-27
e ADOBE INC P 2013-08-23 2021-04-22
PAYPAL HOLDINGS INC P 2020-03-05 2021-04-22
ZOETIS INC P 2020-03-05 2021-04-22
LINDE PLC P 2018-10-31 2021-06-09
ORGANON & CO P 2018-10-31 2021-07-09
AT&T INC P 2018-10-31 2021-09-08
ABBOTT LABS P 2018-08-20 2021-11-23
SALESFORCE.COM P 2015-01-08 2021-11-23
KYNDRYL HOLDINGS INC P 2020-03-05 2021-11-30
NESTLE SA SPONS ADR P 2020-03-05 2021-11-30
FEDERATED HERMES MUNI ULTRASHORT-R6 P 2020-03-05 2021-12-17
MICROSOFT CORP P 2008-07-07 2021-11-23
NESTLE SA SPONS ADR P 2010-04-15 2021-11-30
INTERCONTINENTAL EXCHANGE INC P 2020-05-19 2021-01-04
PAYPAL HOLDINGS INC P 2020-03-05 2021-01-04
WALMART INC P 2020-06-08 2021-01-04
FIDELITY CONS INCOME BOND-IS P 2021-02-01 2021-03-09
FEDERATED HERMES MUNI ULTRASHORT-R6 P 2021-02-01 2021-04-22
FIDELITY CONS INCOME BOND-IS P 2020-06-25 2021-04-22
FEDERATED HERMES MUNI ULTRASHORT-R6 P 2020-06-25 2021-06-07
SPDR PORTFOLIO EMERGING MARKETS ETF P 2021-02-01 2021-07-01
ENERGY SELECT SECTOR SPDR P 2021-03-08 2021-07-01
TJX COS INC P 2021-04-22 2021-07-01
ORGANON & CO P 2021-02-01 2021-07-09
NVIDIA CORP P 2021-04-22 2021-08-17
PROLOGIS INC REIT P 2020-09-02 2021-08-17
RIO TINTO PLC SPONS ADR P 2021-06-09 2021-08-17
SPDR PORTFOLIO EMERGING MARKETS ETF P 2021-02-01 2021-08-17
ENERGY SELECT SECTOR SPDR P 2021-03-08 2021-08-17
TJX COS INC P 2021-04-22 2021-08-17
AT&T INC P 2021-02-01 2021-09-08
DISNEY WALT CO NEW P 2021-09-08 2021-10-05
HOME DEPOT INC P 2021-03-08 2021-10-05
NVIDIA CORP P 2021-04-22 2021-10-05
SPDR PORTFOLIO EMERGING MARKETS ETF P 2021-02-01 2021-10-05
ENERGY SELECT SECTOR SPDR P 2021-03-08 2021-10-05
TJX COS INC P 2021-04-22 2021-10-05
NVIDIA CORP P 2021-04-22 2021-10-28
RIO TINTO PLC SPONS ADR P 2021-06-09 2021-10-28
SPDR PORTFOLIO EMERGING MARKETS ETF P 2021-06-09 2021-10-28
ENERGY SELECT SECTOR SPDR P 2021-03-08 2021-10-28
TJX COS INC P 2021-04-22 2021-10-28
DISNEY WALT CO NEW P 2021-09-08 2021-11-04
HOME DEPOT INC P 2021-03-08 2021-11-04
RIO TINTO PLC SPONS ADR P 2021-06-09 2021-11-04
SPDR PORTFOLIO EMERGING MARKETS ETF P 2020-12-28 2021-11-04
ENERGY SELECT SECTOR SPDR P 2021-03-08 2021-11-04
TJX COS INC P 2021-04-22 2021-11-04
KYNDRYL HOLDINGS INC P 2021-02-01 2021-11-30
NVIDIA CORP P 2021-04-22 2021-11-30
SPDR PORTFOLIO EMERGING MARKETS ETF P 2020-12-28 2021-11-30
ENERGY SELECT SECTOR SPDR P 2021-03-08 2021-11-30
RIO TINTO PLC SPONS ADR P 2021-01-01 2021-12-27
AT&T INC P 2019-11-05 2021-01-04
ABBOTT LABS P 2019-10-29 2021-01-04
APPLE INC P 2019-10-29 2021-01-04
BANK OF AMERICA CORP P 2019-10-29 2021-01-04
COCA COLA CO P 2019-10-29 2021-01-04
JOHNSON & JOHNSON P 2019-10-29 2021-01-04
PROCTER & GAMBLE CO P 2019-10-29 2021-01-04
SALESFORCE.COM P 2019-10-29 2021-01-04
VERIZON COMMUNICATIONS P 2019-10-29 2021-01-04
U.S. TREASURY NOTES 1.625% 10/31/23 P 2019-12-19 2021-03-09
U.S. TREASURY NOTES 1.625% 11/15/22 P 2019-12-19 2021-03-09
ADOBE INC P 2013-08-23 2021-04-22
PAYPAL HOLDINGS INC P 2020-03-05 2021-04-22
ZOETIS INC P 2020-03-05 2021-04-22
ISHARES GOLD TRUST P 2020-05-12 2021-06-03
LINDE PLC P 2020-04-30 2021-06-09
ORGANON & CO P 2019-10-29 2021-06-24
AT&T INC P 2019-11-05 2021-07-01
ABBOTT LABS P 2020-04-30 2021-07-01
APPLE INC P 2020-04-30 2021-07-01
BANK OF AMERICA CORP P 2019-11-26 2021-07-01
BRISTOL MYERS SQUIBB CO P 2019-12-06 2021-07-01
COCA COLA CO P 2019-10-29 2021-07-01
HONEYWELL INTERNATIONAL INC P 2020-04-30 2021-07-01
INTERCONTINENTAL EXCHANGE INC P 2020-05-19 2021-07-01
JOHNSON 8R JOHNSON P 2020-04-30 2021-07-01
MERCK & CO INC P 2019-10-29 2021-07-01
MICROSOFT CORP P 2020-04-30 2021-07-01
NEXTERA ENERGY INC P 2020-04-30 2021-07-01
VERIZON COMMUNICATIONS P 2019-10-29 2021-07-01
VISA INC CL A P 2020-04-30 2021-07-01
WALMART INC P 2020-06-08 2021-07-01
ORGANON & CO P 2020-06-08 2021-07-09
AT&T INC P 2019-11-05 2021-08-17
ABBOTT LABS P 2020-04-30 2021-08-17
ADOBE INC P 2020-04-30 2021-08-17
APPLE INC P 2020-04-30 2021-08-17
BANK OF AMERICA CORP P 2020-04-30 2021-08-17
BECTON DICKINSON P 2019-10-29 2021-08-17
BROADCOM INC P 2020-08-11 2021-08-17
COCA COLA CO P 2019-10-29 2021-08-17
INTL. BUSINESS MACHINES CORP P 2020-03-05 2021-08-17
ISHARES BIOTECHNOLOGY ETF P 2020-04-30 2021-08-17
JP MORGAN CHASE & CO P 2019-10-29 2021-08-17
MERCK & CO INC P 2019-10-29 2021-08-17
MICROSOFT CORP P 2020-04-30 2021-08-17
NESTLE SA SPONS ADR P 2020-04-30 2021-08-17
NEXTERA ENERGY INC P 2020-04-30 2021-08-17
PAYPAL HOLDINGS INC P 2020-03-05 2021-08-17
PEPSICO INC P 2020-04-30 2021-08-17
PROCTER & GAMBLE CO P 2020-04-30 2021-08-17
SALESFORCE.COM P 2020-04-30 2021-08-17
UNION PAC CORP P 2020-04-30 2021-08-17
VERIZON COMMUNICATIONS P 2019-10-29 2021-08-17
XYLEM INC P 2018-08-20 2021-08-17
ZOETIS INC P 2020-04-30 2021-08-17
LINDE PLC P 2018-10-31 2021-08-17
AT&T INC P 2018-10-31 2021-09-08
DOUBLELINE TTL RTRN BND-I P 2020-09-10 2021-09-17
FIDELITY ADV LTD TRM BND-Z P 2020-06-25 2021-09-17
ABBOTT LABS P 2020-04-30 2021-10-05
APPLE INC P 2020-04-30 2021-10-05
BANK OF AMERICA CORP P 2019-10-29 2021-10-05
BRISTOL MYERS SQUIBB CO P 2019-12-06 2021-10-05
COCA COLA CO P 2019-10-29 2021-10-05
ECOLAB INC P 2020-04-30 2021-10-05
INTERCONTINENTAL EXCHANGE INC P 2020-05-19 2021-10-05
ISHARES BIOTECHNOLOGY ETF P 2020-04-30 2021-10-05
JP MORGAN CHASE & CO P 2019-10-29 2021-10-05
JOHNSON & JOHNSON P 2020-04-30 2021-10-05
MERCK & CO INC P 2019-10-29 2021-10-05
MICROSOFT CORP P 2020-04-30 2021-10-05
NESTLE SA SPONS ADR P 2020-04-30 2021-10-05
NEXTERA ENERGY INC P 2020-04-30 2021-10-05
PAYPAL HOLDINGS INC P 2020-03-05 2021-10-05
PEPSICO INC P 2020-04-30 2021-10-05
PROCTER & GAMBLE CO P 2020-04-30 2021-10-05
SALESFORCE.COM P 2020-04-30 2021-10-05
UNION PAC CORP P 2020-04-30 2021-10-05
VERIZON COMMUNICATIONS P 2019-10-29 2021-10-05
VISA INC CL A P 2020-04-30 2021-10-05
WALMART INC P 2020-06-08 2021-10-05
XYLEM INC P 2018-08-20 2021-10-05
ZOETIS INC P 2020-04-30 2021-10-05
ABBOTT LABS P 2020-04-30 2021-10-28
ADOBE INC P 2020-04-30 2021-10-28
AMERICAN TOWER CORP REIT P 2020-09-02 2021-10-28
APPLE INC P 2020-04-30 2021-10-28
BANK OF AMERICA CORP P 2019-10-29 2021-10-28
BECTON DICKINSON P 2019-10-29 2021-10-28
BRISTOL MYERS SQUIBB CO P 2019-12-06 2021-10-28
COCA COLA CO P 2019-10-29 2021-10-28
DOUBLELINE TTL RTRN BND-I P 2020-09-10 2021-10-28
FIDELITY ADV LTD TRM BND-Z P 2020-06-25 2021-10-28
GUGGENHEIM TOT RET BND-INST P 2020-05-27 2021-10-28
HONEYWELL INTERNATIONAL INC P 2020-04-30 2021-10-28
INTERCONTINENTAL EXCHANGE INC P 2020-05-19 2021-10-28
INTL. BUSINESS MACHINES CORP P 2020-03-05 2021-10-28
ISHARES GOLD TRUST P 2020-05-12 2021-10-28
JP MORGAN CHASE & CO P 2019-10-29 2021-10-28
JOHNSON & JOHNSON P 2020-04-30 2021-10-28
MERCK & CO INC P 2019-10-29 2021-10-28
MICROSOFT CORP P 2020-04-30 2021-10-28
LOOMIS SAYLES SEN FL&RATE-Y P 2020-06-25 2021-10-28
NESTLE SA SPONS ADR P 2020-04-30 2021-10-28
NEXTERA ENERGY INC P 2020-04-30 2021-10-28
PEPSICO INC P 2020-04-30 2021-10-28
PROCTER & GAMBLE CO P 2020-04-30 2021-10-28
PROLOGIS INC REIT P 2020-09-02 2021-10-28
SALESFORCE.COM P 2020-04-30 2021-10-28
UNION PAC CORP P 2020-04-30 2021-10-28
UNITEDHEALTH GROUP INC P 2019-10-29 2021-10-28
VERIZON COMMUNICATIONS P 2019-10-29 2021-10-28
VISA INC CL A P 2020-04-30 2021-10-28
WALMART INC P 2020-06-08 2021-10-28
XYLEM INC P 2018-08-20 2021-10-28
ZOETIS INC P 2020-04-30 2021-10-28
LINDE PLC P 2018-10-31 2021-10-28
ABBOTT LABS P 2020-04-30 2021-11-04
APPLE INC P 2020-04-30 2021-11-04
BANK OF AMERICA CORP P 2019-10-29 2021-11-04
BRISTOL MYERS SQUIBB CO P 2019-12-06 2021-11-04
COCA COLA CO P 2019-12-06 2021-11-04
FIDELITY ADV LTD TRM BND-Z P 2020-06-25 2021-11-04
HONEYWELL INTERNATIONAL INC P 2020-04-30 2021-11-04
INTERCONTINENTAL EXCHANGE INC P 2020-05-19 2021-11-04
ISHARES BIOTECHNOLOGY ETF P 2020-04-30 2021-11-04
JP MORGAN CHASE & CO P 2019-10-29 2021-11-04
MERCK & CO INC P 2019-10-29 2021-11-04
MICROSOFT CORP P 2020-04-30 2021-11-04
NESTLE SA SPONS ADR P 2020-04-30 2021-11-04
NEXTERA ENERGY INC P 2020-04-30 2021-11-04
PAYPAL HOLDINGS INC P 2020-03-05 2021-11-04
PROCTER & GAMBLE CO P 2020-04-30 2021-11-04
SALESFORCE.COM P 2020-04-30 2021-11-04
VERIZON COMMUNICATIONS P 2019-10-29 2021-11-04
XYLEM INC P 2018-08-20 2021-11-04
GUGGENHEIM TOT RET BND-INST P 2020-05-27 2021-11-05
DOUBLELINE TTL RTRN BND-I P 2020-09-10 2021-11-09
FIDELITY ADV LTD TRM BND-Z P 2020-06-25 2021-11-09
LOOMIS SAYLES SEN FL&RATE-Y P 2020-06-25 2021-11-09
KYNDRYL HOLDINGS INC P 2020-03-05 2021-11-18
ABBOTT LABS P 2020-03-05 2021-11-23
MICROSOFT CORP P 2020-03-05 2021-11-23
SALESFORCE.COM P 2020-03-05 2021-11-23
ABBOTT LABS P 2018-08-20 2021-11-30
APPLE INC P 2020-04-30 2021-11-30
BANK OF AMERICA CORP P 2019-10-29 2021-11-30
BRISTOL MYERS SQUIBB CO P 2019-12-06 2021-11-30
BROADCOM INC P 2020-08-11 2021-11-30
COCA COLA CO P 2019-11-26 2021-11-30
INTL. BUSINESS MACHINES CORP P 2020-03-05 2021-11-30
JOHNSON & JOHNSON P 2020-04-30 2021-11-30
KYNDRYL HOLDINGS INC P 2020-04-30 2021-11-30
MERCK & CO INC P 2019-10-29 2021-11-30
MICROSOFT CORP P 2019-10-29 2021-11-30
NESTLE SA SPONS ADR P 2019-10-29 2021-11-30
NEXTERA ENERGY INC P 2020-04-30 2021-11-30
PEPSICO INC P 2020-04-30 2021-11-30
PROLOGIS INC REIT P 2020-09-02 2021-11-30
UNION PAC CORP P 2020-04-30 2021-11-30
VERIZON COMMUNICATIONS P 2019-10-29 2021-11-30
VISA INC CL A P 2020-04-30 2021-11-30
WALMART INC P 2020-06-08 2021-11-30
XYLEM INC P 2018-08-20 2021-11-30
ZOETIS INC P 2020-04-30 2021-11-30
NEXTERA ENERGY INC P 2008-12-30 2021-01-04
NESTLE SA SPONS ADR P 2010-04-15 2021-11-30
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 17,483   17,507 -24
b 2,760   2,755 5
c 9,896   9,906 -10
d 3,902   5,152 -1,250
e 4,090   366 3,724
3,736   1,597 2,139
6,927   1,265 5,662
5,243   2,942 2,301
475   302 173
9,437   12,044 -2,607
5,191   2,720 2,471
6,410   1,289 5,121
222   436 -214
2,576   1,564 1,012
14,756   14,706 50
6,375   491 5,884
386   152 234
563   478 85
1,153   570 583
727   601 126
6,993   7,000 -7
2,285   2,285 0
2,961   2,963 -2
2,735   2,724 11
180   178 2
109   106 3
135   139 -4
18   22 -4
194   153 41
133   103 30
76   87 -11
126   133 -7
191   212 -21
69   70 -1
276   289 -13
175   186 -11
331   263 68
205   153 52
212   222 -10
220   212 8
65   70 -5
248   153 95
64   87 -23
174   175 -1
230   212 18
130   139 -9
170   186 -16
372   263 109
61   87 -26
129   124 5
115   106 9
70   70 0
16   29 -13
325   153 172
83   83 0
109   106 3
1,852   2,448 -596
292   392 -100
540   418 122
644   306 338
149   161 -12
262   268 -6
774   648 126
683   622 61
1,089   779 310
293   301 -8
2,071   1,994 77
2,049   1,999 50
2,556   229 2,327
2,668   1,141 1,527
2,872   1,435 1,437
18   16 2
2,913   1,852 1,061
6   8 -2
58   78 -20
234   185 49
273   146 127
165   129 36
133   121 12
108   107 1
441   283 158
237   191 46
331   299 32
156   163 -7
541   357 184
148   116 32
112   120 -8
469   359 110
279   240 39
220   190 30
112   157 -45
125   93 32
634   355 279
299   146 153
204   161 43
253   256 -3
477   328 149
114   107 7
283   263 20
169   124 45
313   253 60
78   81 -3
293   179 114
253   211 42
249   174 75
270   114 156
157   133 24
144   118 26
246   162 84
224   160 64
112   120 -8
131   76 55
206   129 77
309   163 146
4,360   5,667 -1,307
1,590   1,619 -29
1,374   1,382 -8
232   185 47
283   146 137
221   161 60
118   121 -3
159   161 -2
215   195 20
118   96 22
156   124 32
169   127 42
160   150 10
164   163 1
289   179 110
121   106 15
238   174 64
261   114 147
151   133 18
140   118 22
272   162 110
211   160 51
109   120 -11
225   179 46
137   120 17
123   76 47
197   129 68
254   185 69
637   355 282
285   251 34
457   219 238
238   161 77
239   256 -17
57   61 -4
112   107 5
416   426 -10
533   542 -9
1,306   1,291 15
217   141 76
136   96 40
126   131 -5
1,196   1,145 51
339   253 86
163   150 13
172   163 9
647   357 290
513   479 34
131   106 25
258   174 84
161   133 28
142   118 24
145   103 42
297   162 135
242   160 82
454   253 201
105   120 -15
211   179 32
148   120 28
131   76 55
212   129 83
317   163 154
128   93 35
151   73 78
188   128 60
59   61 -2
113   103 10
1,002   1,016 -14
222   141 81
136   96 40
161   124 37
167   127 40
90   81 9
336   179 157
135   106 29
169   116 53
227   114 113
145   118 27
308   162 146
51   60 -9
129   76 53
1,407   1,382 25
271   277 -6
1,001   1,015 -14
200   186 14
7   12 -5
2,719   1,808 911
2,684   1,254 1,430
2,622   1,117 1,505
125   65 60
164   73 91
89   64 25
54   61 -7
556   328 228
53   50 3
117   125 -8
156   150 6
79   154 -75
74   81 -7
331   144 187
1,288   1,055 233
87   58 29
160   133 27
151   103 48
235   160 75
50   60 -10
194   179 15
140   120 20
120   76 44
222   129 93
369   62 307
129   51 78
428     428
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       -24
b       5
c       -10
d       -1,250
e       3,724
      2,139
      5,662
      2,301
      173
      -2,607
      2,471
      5,121
      -214
      1,012
      50
      5,884
      234
      85
      583
      126
      -7
      0
      -2
      11
      2
      3
      -4
      -4
      41
      30
      -11
      -7
      -21
      -1
      -13
      -11
      68
      52
      -10
      8
      -5
      95
      -23
      -1
      18
      -9
      -16
      109
      -26
      5
      9
      0
      -13
      172
      0
      3
      -596
      -100
      122
      338
      -12
      -6
      126
      61
      310
      -8
      77
      50
      2,327
      1,527
      1,437
      2
      1,061
      -2
      -20
      49
      127
      36
      12
      1
      158
      46
      32
      -7
      184
      32
      -8
      110
      39
      30
      -45
      32
      279
      153
      43
      -3
      149
      7
      20
      45
      60
      -3
      114
      42
      75
      156
      24
      26
      84
      64
      -8
      55
      77
      146
      -1,307
      -29
      -8
      47
      137
      60
      -3
      -2
      20
      22
      32
      42
      10
      1
      110
      15
      64
      147
      18
      22
      110
      51
      -11
      46
      17
      47
      68
      69
      282
      34
      238
      77
      -17
      -4
      5
      -10
      -9
      15
      76
      40
      -5
      51
      86
      13
      9
      290
      34
      25
      84
      28
      24
      42
      135
      82
      201
      -15
      32
      28
      55
      83
      154
      35
      78
      60
      -2
      10
      -14
      81
      40
      37
      40
      9
      157
      29
      53
      113
      27
      146
      -9
      53
      25
      -6
      -14
      14
      -5
      911
      1,430
      1,505
      60
      91
      25
      -7
      228
      3
      -8
      6
      -75
      -7
      187
      233
      29
      27
      48
      75
      -10
      15
      20
      44
      93
      307
      78
      428
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 43,685
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 583
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- ..... 5 583
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 218
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 650
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 868
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 9
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 276
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet276 RefundedBullet 11 0
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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.GUIDESTAR.ORG
    14
    The books are in care ofbulletMARGARET E BANCROFT PRESIDENT Telephone no.bullet (617) 423-5705

    Located atbulletJM FORBES CO LLP 121 MT VERNON STBOSTONMA ZIP+4bullet02108
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    MARGARET E BANCROFT PRESIDENT/TRUSTEE
    2.00     		0 0 0
    44 FOUNDRY ST
    MEDFIELD,MA02052
    PAUL ELIAS TREASURER/TRUSTEE
    2.00     		0 0 0
    JM FORBES CO 121 MOUNT VERNON ST
    BOSTON,MA02108
    ELLEN EMERSON SECRETARY/TRUSTEE
    2.00     		0 0 0
    1077 MONUMENT ST
    CONCORD,MA01742
    LESLIE A MORRIS TRUSTEE
    2.00     		0 0 0
    HOUGHTON LIBRARYHARVARD UNIV
    CAMBRIDGE,MA02138
    DAVID F WOOD TRUSTEE
    2.00     		0 0 0
    CONCORD MUSEUM CAMBRIDGE TURNPIKE
    CONCORD,MA01742
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 RALPH WALDO EMERSON MEMORIAL (MUSEUM) CAMBRIDGE HIGHWAY CONCORD, MA 58,621
    2  
    3  
    4  
    Part VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,238,765
    b
    Average of monthly cash balances.......................
    1b
    6,615
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,245,380
    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
    1,245,380
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    18,681
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,226,699
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    61,335
    Part X
    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 IX, line 6..................
    1
    61,335
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    583
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    583
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    60,752
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    60,752
    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 XII, line 1 ...
    7
    60,752
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 60,752
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 40,837
    b From 2017...... 31,113
    c From 2018...... 42,826
    d From 2019...... 53,532
    e From 2020......  
    f Total of lines 3a through e ........ 168,308
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 53,932
    a Applied to 2020, 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 2021 distributable amount..... 53,932
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 6,820 6,820
    (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 5 161,488
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		34,017
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		127,471
    10 Analysis of line 9:
    a Excess from 2017.... 31,113
    b Excess from 2018.... 42,826
    c Excess from 2019.... 53,532
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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:
    MARGARET E BANCROFT PRESIDENT CO JM
    121 MT VERNON ST
    BOSTON,MA02108
    (617) 423-5705
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORM
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    WELL-RECOGNIZED SCHOLARS & EDITORS
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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 (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........     		         
    4 Dividends and interest from securities ....          
    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 ............     		        43,685
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMUSEUM ADMISSIONS/SALES     		        9,189
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 0 74,264
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    74,264
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11 A PORTION OF THE REVENUE REALIZED BY THE FOUNDATION IS DERIVED FROM SALES AND ADMISSIONS AT RALPH WALDO EMERSON MEMORIAL MUSEUM,
    4 WHICH CHARGES ADMISSION TO PATRONS. ADDITIONAL REVENUE IS ALSO
    7 EARNED THROUGH STOCK AND BOND INVESTMENTS, INCOME FROM WHICH IS ALSO
    8 USED FOR THE CHARITABLE PURPOSES OF THE FOUNDATION.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    Name of the organization
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
     
    Employer identification number

    04-2095785
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
          		Employer identification number
    04-2095785
    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
    NEIL AND ANNA RASMUSSEN FOUNDATION
     
    393 ESTABROOK ROAD
     
    CONCORD, MA01742

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    JONATHAN KEYES
     
    91 LIBERTY STREET
     
    CONCORD, MA01742

    		$ 7,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
          		Employer identification number

    04-2095785
    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) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
          		Employer identification number

    04-2095785
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    J.M. FORBES & CO. LLP - ACCOUNTING 6,900 6,900 0 0
    J.M. FORBES & CO. LLP - TAX PREPARATION 4,500 4,500 0 0

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

    TY 2021 DepreciationSchedule
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BARN RESTORATION 2020-11-30 161,324 517 SL 39.000000000000 4,137 0 4,137  
    APPLIANCES 2020-07-30 1,498   SL 5.000000000000 0 0 300  
    BARN RESTORATION 2021-08-26 3,415   SL 39.000000000000 33 0 33  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Name of Bond End of Year Book Value End of Year Fair Market Value
    INVESTMENTS - CORPORATE BONDS 165,368 163,607

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS - CORPORATE STOCK 485,928 944,151
    INVESTMENTS - INTERNATIONAL STOCK 21,776 21,824

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    US Government Securities - End of Year Book Value:

    210,688
    US Government Securities - End of Year Fair Market Value:

    212,064
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 LandEtcSchedule2
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BARN RESTORATION 161,324 4,654 156,670  
    APPLIANCES 1,498 1,498 0  
    BARN RESTORATION 3,415 33 3,382  


    TY 2021 OtherDecreasesSchedule
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Description Amount
    BOOK TO TAX ADJUSTMENT 2,363


    TY 2021 OtherExpensesSchedule
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    UTILITIES, FUEL & TELEPHONE 7,434 0 0 7,434
    BUILDING & GROUNDS-CLEANING AND MAINTENANCE 5,440 0 0 5,440
    BOOKS, SLIDES, ETC. 1,476 0 0 1,476
    SMALL BUSINESS INSURANCE 12,203 0 0 12,203
    REPAIRS AND CLEANING 858 0 0 858
    POSTAGE AND OFFICE 616 0 0 616
    FILING FEES 54 0 0 54
    WEBSITE HOSTING FEES 399 0 0 399


    TY 2021 OtherIncomeSchedule2
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MUSEUM ADMISSIONS/SALES 9,189   9,189


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    J.M. FORBES & CO. LLP - INVESTMENT FEES 11,417 11,417 0 0


    TY 2021 TaxesSchedule
    Name:
    RALPH WALDO EMERSON MEMORIAL ASSOCIATION
    EIN:
    04-2095785
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL PAYROLL TAXES (EMPLOYER SS & MEDICARE TAXES) 1,784 0 0 1,784
    FOREIGN TAX ON DIVIDENDS 227 227 0 0
    FEDERAL TAX 518 0 0 0
    MASSACHUSETTS SALES TAX 142 0 0 142