Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE FLATLEY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)45 BRAINTREE HILL OFFICE PK 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRAINTREE, MA021848754
A Employer identification number

04-2763837
B Telephone number (see instructions)

(781) 849-5100
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$758,910,051J 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 right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 15,668,601 15,728,636  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,592,867
b Gross sales price for all assets on line 6a 532,343,842
7 Capital gain net income (from Part IV, line 2)... 0
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
List of Attached Documents:
// Content
887,205 886,138  
12 Total. Add lines 1 through 11........ 18,148,673 16,614,774  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
19,966 0   19,966
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
248,148 0   246,948
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,771,376 2,611,330   160,046
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
257,679 97,679   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
List of Attached Documents:
// Content
48,134 6,021   30,479
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,345,303 2,715,030   457,439
25 Contributions, gifts, grants paid....... 36,618,882 36,618,882
26 Total expenses and disbursements. Add lines 24 and 25 39,964,185 2,715,030   37,076,321
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -21,815,512
b Net investment income (if negative, enter -0-) 13,899,744
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 60,901,806 33,946,975 33,946,975
3 Accounts receivable right arrow47,983
Less: allowance for doubtful accounts right arrow     47,983 47,983
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 86,901,041 Click to see attachment
List of Attached Documents:
// Content
60,160,442 		60,450,816
b Investments—corporate stock (attach schedule)....... 270,323,390 Click to see attachment
List of Attached Documents:
// Content
248,227,551 		303,654,021
c Investments—corporate bonds (attach schedule)....... 64,962,438 Click to see attachment
List of Attached Documents:
// Content
72,678,216 		65,340,426
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 197,280,060 Click to see attachment
List of Attached Documents:
// Content
243,855,245 		295,469,830
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
365,075 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 680,733,810 658,916,412 758,910,051
Liabilities 17 Accounts payable and accrued expenses.......... 35,434 33,548
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 35,434 33,548
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 137,499,715 137,499,715
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 543,198,661 521,383,149
29 Total net assets or fund balances (see instructions)..... 680,698,376 658,882,864
30 Total liabilities and net assets/fund balances (see instructions). 680,733,810 658,916,412
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
680,698,376
2
Enter amount from Part I, line 27a .....................
2
-21,815,512
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
658,882,864
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
658,882,864
Form 990-PF (2023)
Form 990-PF (2023)
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 SECURITIES P    
b CLOUGH HEALTHCARE REDEMPTION P    
c LONESTAR/UNG K-1S P    
d LITIGATION SETTLEMENTS P    
e LONG TERM CAPITAL GAIN DIST 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 532,180,584   542,562,427 -10,381,843
b 84,308   495,764 -411,456
c     441,725 -441,725
d 3,878     3,878
e 75,072     75,072
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       -10,381,843
b       -411,456
c       -441,725
d       3,878
e       75,072
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -11,156,074
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
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 right arrow 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) 1 193,206
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........................... 3 193,206
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- ..... 5 193,206
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 285,738
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.............. 7 285,738
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 92,532
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow92,532 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowMA
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowN/A
14
The books are in care ofright arrowTHE FLATLEY FOUNDATION Telephone no.right arrow (781) 849-5100

Located atright arrowTHE FLATLEY COMPANY BRAINTREE MABRAINTREEMA ZIP+4right arrow021848754
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
JOHN J FLATLEY TRUSTEE
20.00 		0 0 0
45 BRAINTREE HILL PARK
BRAINTREE,MA02184
DANIEL T FLATLEY TRUSTEE
20.00 		0 0 0
45 BRAINTREE HILL PARK
BRAINTREE,MA02184
MARY MARGARET DARLING TRUSTEE
20.00 		0 0 0
45 BRAINTREE HILL PARK
BRAINTREE,MA02184
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
CLOUGH CAPITAL PARTNERS LP INVESTMENT MGMT SVC 1,430,819
53 STATE ST
BOSTON,MA02110
FMC LLC INVESTMENT/ACCT/TAX 1,146,998
45 BRAINTREE HILL OFFICE PARK
BRAINTREE,MA02184
ANDERSEN INVESTMENT/TAX 223,930
125 HIGH ST
BOSTON,MA02110
PARAMETRIC INVESTMENT MGMT SVC 57,731
ONE POST OFFICE SQUARE
BOSTON,MA02109
ELMORE PATENT LAW GROUP LEGAL 19,966
484 GROTON RD
WESTFORD,MA01886
Total number of others receiving over $50,000 for professional services.............right arrow0
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 THE FLATLEY DISCOVERY LAB IS A BRANCH OF THE FLATLEY FOUNDATION, CREATED TO CARRY OUT CHARITABLE ACTIVITIES OF THE FLATLEY FOUNDATION. THE FLATLEY DISCOVERY LAB CONDUCTS IN-HOUSE RESEARCH FOR THE PURPOSE OF DISCOVERING A CURE FOR CYSTIC FIBROSIS. 8,665
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
668,600,772
b
Average of monthly cash balances.......................
1b
47,422,032
c
Fair market value of all other assets (see instructions)................
1c
206,529
d
Total (add lines 1a, b, and c).........................
1d
716,229,333
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
716,229,333
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
10,743,440
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
705,485,893
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
35,274,295
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
35,274,295
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
193,206
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
193,206
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
35,081,089
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
35,081,089
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
35,081,089
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
37,076,321
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
37,076,321
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 35,081,089
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 34,887,468
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 37,076,321
a Applied to 2022, but not more than line 2a 34,887,468
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 2023 distributable amount..... 2,188,853
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		32,892,236
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
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

ACADEMY OF NOTRE DAME

180 MIDDLESEX ROAD
TYNGSBORO,MA01879 		N/A PC SCHOLARSHIPS 100,000

ACEING AUTISM INC

2001 S BARRINGTON AVE
LOS ANGELES,CA90025 		N/A PC UNRESTRICTED 1,000,000

AMERICARES INC

88 HAMILTON AVE
STAMFORD,CT06902 		N/A PC U.S. & EL SALVADOR CLINICS 1,000,000

ARC OF THE SOUTH SHORE

20 POND PARK ROAD
HINGHAM,MA02043 		N/A PC UNRESTRICTED 250,000

ARCHDIOCESE OF BOSTON

66 BROOKS DRIVE
BRAINTREE,MA02184 		N/A PC CATHOLIC COMMUNITY FUNDPASTORAL SUPPORT 5,000,000

ARCHDIOCESE OF BOSTON

66 BROOKS DRIVE
BRAINTREE,MA02184 		N/A PC REGINA CLERI RETIREMENT FUND 15,000

BENJAMIN FRANKLIN INSTITUTE OF TECHNOLOGY

41 BERKELEY ST
BOSTON,MA02116 		N/A PC SCHOLARSHIP SUPPORT 100,000

BETH ISRAEL DEACONESS MEDICAL CENTER

330 BROOKLINE AVE
BOSTON,MA02215 		N/A PC CHAPLAIN POSITION 65,000

BETHANY HEALTH CARE CENTER

97 BETHANY RD
FRAMINGHAM,MA01702 		N/A PC RENOVATIONSRENOVATIONS 180,000

BISHOP FENWICK HIGH SCHOOL

99 MARGIN ST
PEABODY,MA01960 		N/A PC SCHOLARSHIP SUPPORT 100,000

BLUEPATH SERVICE DOGS INC

8 COUNTRY CLUB RD
HOPEWELL JUNCTION,NY12533 		N/A PC UNRESTRICTED 10,000

BOSTON COLLEGE

140 COMMONWEALTH AVE
CHESTNUT HILL,MA02467 		N/A PC SCHOLARSHIP SUPPORT 300,000

BOSTON COLLEGE

140 COMMONWEALTH AVE
CHESTNUT HILL,MA02467 		N/A PC URBAN CATHOLIC TEACHERS CORP 50,000

BOSTON GLOBE FOUNDATION

1 EXCHANGE PLACE
BOSTON,MA02109 		N/A PC UNRESTRICTED 50,000

BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM

780 ALBANY ST
BOSTON,MA02118 		N/A PC UNRESTRICTED 110,000

BOSTON HIGASHI SCHOOL INC

800 NORTH MAIN STREET
RANDOLPH,MA02368 		N/A PC UNRESTRICTED 150,000

BOSTON MEDICAL CENTER

801 MASSACHUSETTS AVE
BOSTON,MA02118 		N/A PC AUTISM PROGRAM 300,000

BOSTON UNIVERSITY CATHOLIC CENTER

211 BAY STATE ROAD
BOSTON,MA02215 		N/A PC UNRESTRICTED 75,000

BOYS & GIRLS CLUB OF BOSTON INC

200 HIGH STREET
BOSTON,MA02110 		N/A PC UNRESTRICTED 110,000

BRIDGE OVER TROUBLED WATERS

47 WEST STREET
BOSTON,MA02111 		N/A PC UNRESTRICTED 50,000

BRIGHAM & WOMENS HOSPITAL

116 HUNTINGTON AVE
BOSTON,MA02116 		N/A PC BRIDGES TO MOMS PROGRAM 1,500,000

BRIGHAM & WOMENS HOSPITAL

116 HUNTINGTON AVE
BOSTON,MA02116 		N/A PC NEUROLOGIC DISEASES RESEARCH 2,000,000

BROCKTON HOSPITAL SCHOOL OF NURSING

680 CENTRE ST
BROCKTON,MA02302 		N/A PC SCHOLARSHIP SUPPORT 100,000

CAMBRIDGE MATIGNON HIGH SCHOOL

ONE MATIGNON ROAD
CAMBRIDGE,MA02140 		N/A PC SCHOLARSHIP SUPPORT 100,000

CAMP FATIMA

PO BOX 206
GILMANTON IRON WORKS,NH03837 		N/A PC UNRESTRICTED 25,000

CAPE COD HEALTHCARE FOUNDATION

POST OFFICE BOX 370
HYANNIS,MA02601 		N/A PC INTENSIVE CARE UNIT 250,000

CARDINAL CUSHING CENTERS

405 WASHINGTON STREET
HANOVER,MA02339 		N/A PC UNRESTRICTED 50,000

CARDINAL SPELLMAN HIGH SCHOOL

738 COURT STREET
BROCKTON,MA02302 		N/A PC SCHOLARSHIP SUPPORT 100,000

CARE USA

151 ELLIS ST NE
ALEXANDRIA,GA30303 		N/A PC EARTHQUAKE IN TURKEY 250,000

CARE USA

151 ELLIS ST NE
ATLANTA,GA30303 		N/A PC CHILDHOOD MOZAMBIQUE 330,000

CARROLL CENTER FOR THE BLIND INC

770 CENTRE STREET
NEWTON,MA02458 		N/A PC UNRESTRICTED 100,000

CATHEDRAL HIGH SCHOOL

74 UNION PARK STREET
BOSTON,MA02118 		N/A PC SCHOLARSHIP SUPPORT 250,000

CATHOLIC MEDICAL CENTER

100 MCGREGOR STREET
MANCHESTER,NH03102 		N/A PC PREGNANCY CARE CENTER 100,000

CATHOLIC MEMORIAL SCHOOL

235 BAKER STREET
WEST ROXBURY,MA02132 		N/A PC UNRESTRICTED 100,000

CATHOLIC MEMORIAL SCHOOL

235 BAKER STREET
WEST ROXBURY,MA02132 		N/A PC SCHOLARSHIP SUPPORT 100,000

CATHOLIC SCHOOLS FOUNDATION INC

67 BATTERYMARCH STREET
BOSTON,MA02110 		N/A PC SCHOLARSHIP SUPPORT 500,000

CATHOLIC SCHOOLS FOUNDATION

67 BATTERYMARCH STREET
BOSTON,MA02110 		N/A PC INNER CITY SCHOLARSHIP FUND 200,000

CATHOLIC TV NETWORK

34 CHESTNUT STREET
WATERTOWN,MA02471 		N/A PC UNRESTRICTED 5,000

CATHOLIC UNIVERSITY OF AMERICA

620 MICHIGAN AVE NE
WASHINGTON,DC20064 		N/A PC SCHOLARSHIP SUPPORT 200,000

CHESTERTON ACADEMY

1320 MAINSTREET
HOPKINS,MN55343 		N/A PC SCHOLARSHIP SUPPORT 250,000

CHILDREN'S ONCOLOGY SERVICES OF MA INC

229 KENT STREET
BROOKLINE,MA02446 		N/A PC THE BOSTON HOUSE 200,000

CHURCH OF THE HOLY FAMILY

MAIN ST
KILTIMAGH,CO. MAYO  
EI 		N/A PC CHURCH RENOVATIONS 630,000

COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON

126 HIGH ST
BOSTON,MA02110 		N/A PC UNRESTRICTED 150,000

COMPASSIONATE CARE ALS

PO BOX 1052
WEST FALMOUTH,MA02574 		N/A PC UNRESTRICTED 385,000

COPS FOR KIDS WITH CANCER INC

PO BOX 850956
BRAINTREE,MA02185 		N/A PC UNRESTRICTED 250,000

CRUDEM FOUNDATION

362 SEWALL STREET
LUDLOW,MA01056 		N/A PC UNRESTRICTED 100,000

CYSTIC FIBROSIS LIFESTYLE FOUNDATION

936 SW 1ST AVE
MIAMI,FL33130 		N/A PC UNRESTRICTED 100,000

DAUGHTERS OF MARY OF NAZARETH

PO BOX 690789
QUINCY,MA02269 		N/A PC UNRESTRICTED 68,000

DOVE INC

PO BOX 690267
QUINCY,MA02269 		N/A PC UNRESTRICTED 100,000

EDESIAINC

550 ROMANO VINEYARD WAY
NORTH KINGSTON,RI02852 		N/A PC UNRESTRICTED 20,000

ELON UNIVERSITY

2615 CAMPUS BOX
ELON,NC27244 		N/A PC PEER MINISTRY 100,000

EMMAUS INC

PO BOX 568
HAVERHILL,MA01831 		N/A PC UNRESTRICTED 50,000

FATHER BILL'S MAINSPRING INC

430 BELMONT STREET
BROCKTON,MA02301 		N/A PC UNRESTRICTED 75,000

FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS

PO BOX 17408
DENVER,CO80217 		N/A PC UNRESTRICTED 300,000

FIDELITY CHARITABLE GIFT FUND

PO BOX 770001
CINCINNATI,OH45277 		N/A PC UNRESTRICTED 2,600,000

FINAL SALUTE INC

PO BOX 156
HAYMARKET,VA20168 		N/A PC UNRESTRICTED 100,000

FONTBONNE ACADEMY

930 BROOK ROAD
MILTON,MA02186 		N/A PC SCHOLARSHIP SUPPORT 150,000

FOUNDATION TO ADVANCE CATHOLIC EDUCATION INC

450 HIGHLAND AVENUE
FALL RIVER,MA02720 		N/A PC SCHOLARSHIP SUPPORT 100,000

FRANCISCAN MISSIONARY SISTERS FOR AFRICA

38 WILEY RD
BELMONT,MA02478 		N/A PC SENIOR SECONDARY SCHOOL 25,000

FUND FOR CATHOLIC SCHOOLS INC

66 BROOKS DRIVE
BOSTON,MA02184 		N/A PC SCHOLARSHIP SUPPORT 400,000

GREATER BOSTON FOOD BANK INC

70 SOUTH BAY AVENUE
BOSTON,MA02118 		N/A PC UNRESTRICTED 250,000

GUIDING EYES FOR THE BLIND

611 GRANITE SPRINGS ROAD
YORKTOWN HEIGHTS,NY10598 		N/A PC UNRESTRICTED 50,000

HEALTH EQUITY INTERNATIONAL

40 GLEN AVENUE
NEWTON,MA02459 		N/A PC UNRESTRICTED 300,000

HOLY NAME PARISH SCHOOL

535 WEST ROXBURY PARKWAY
WEST ROXBURY,MA02132 		N/A PC SCHOLARSHIPS 100,000

HOMES FOR OUR TROOPS INC

6 MAIN STREET
TAUNTON,MA02780 		N/A PC UNRESTRICTED 300,000

HOOPS AND HOMEWORK INC

56 AGNES DRIVE
FRAMINGHAM,MA01702 		N/A PC UNRESTRICTED 150,000

HOSPITALITY HOMES INC

PO BOX 15265
BOSTON,MA02215 		N/A PC UNRESTRICTED 100,000

HOUSE OF POSSIBILITIES

350 WASHINGTON STREET
EASTON,MA02356 		N/A PC UNRESTRICTED 250,000

IMAU FAMILY SERVICES

161 S WAKEA AVE
KAHULUI,HI96732 		N/A PC IMUA MAUI RELIEF FUND 250,000

INTERFAITH SOCIAL SERVICES INC

105 ADAMS STREET
QUINCY,MA02169 		N/A PC UNRESTRICTED 100,000

IRISH AMERICAN PARTNERSHIP INC

15 BROAD STREET
BOSTON,MA02109 		N/A PC UNRESTRICTED 300,000

IRISH PASTORAL CENTRE

512 GALLIVAN BLVD
DORCHESTER,MA02124 		N/A PC UNRESTRICTED 200,000

JETT FOUNDATION INC

36 CORDAGE PARK CIRCLE
PLYMOUTH,MA02360 		N/A PC UNRESTRICTED 700,000

JEWISH NATIONAL FUND

42 EAST 69TH ST
NEW YORK,NY10021 		N/A PC UNRESTRICTED 150,000

LAWRENCE CATHOLIC ACADEMY

100 PARKER ST
LAWRENCE,MA01843 		N/A PC SCHOLARSHIP SUPPORT 410,000

LEDGER LEND A HAND FOUNDATION

2 ADAMS PLACE
QUINCY,MA02269 		N/A PC UNRESTRICTED 50,000

LITTLE BLUE HEROES FOUNDATION

13 OAK VALE
BAILIS DOWNS,CO. MEATH  
EI 		N/A PC UNRESTRICTED 108,382

LOWELL CATHOLIC

530 STEVENS STREET
LOWELL,MA01851 		N/A PC SCHOLARSHIP SUPPORT 100,000

LUCY'S LOVE BUS CHARITABLE TRUST

PO BOX 464
AMESBURY,MA01913 		N/A PC UNRESTRICTED 100,000

MA SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS

350 SOUTH HUNTINGTON AVENUE
BOSTON,MA02130 		N/A PC UNRESTRICTED 15,000

MAGDALEN COLLEGE OF THE LIBERAL ARTS

511 KEARSARGE MOUNTAIN RD
WARNER,NH03278 		N/A PC UNRESTRICTED 100,000

MALDEN CATHOLIC HIGH SCHOOL

99 CRYSTAL STREET
MALDEN,MA02148 		N/A PC SCHOLARSHIP SUPPORT 100,000

MARIA DROSTE CONSELING SERVICES

1354 HANCOCK STREET
QUINCY,MA02169 		N/A PC UNRESTRICTED 100,000

MARINE CORPS SCHOLARSHIP FOUNDATION

909 N WASHINGTON STREET
ALEXANDRIA,VA22314 		N/A PC SCHOLARSHIP SUPPORT 250,000

MASSACHUSETTS GENERAL HOSPITAL

125 NASHUA STREET
BOSTON,MA02114 		N/A PC CYSTIC FIBROSIS RESEARCH 110,000

MISSION OF DEEDS

6 CHAPIN AVENUE
READING,MA01867 		N/A PC UNRESTRICTED 100,000

MOTHER CAROLINE ACADEMY

515 BLUE HILL AVE
DORCHESTER,MA02121 		N/A PC SCHOLARSHIP SUPPORT 100,000

MOUNT ALVERNIA ACADEMY

20 MANET ROAD
CHESTNUT HILL,MA02467 		N/A PC SCHOLARSHIP SUPPORT 100,000

MOUNT ST MARY'S ABBEY

300 ARNOLD ST
WRENTHAM,MA02093 		N/A PC INFIRMARY AC 5,000

MY BROTHER'S KEEPER

PO BOX 338
EASTON,MA02356 		N/A PC UNRESTRICTED 100,000

MY BROTHER'S KEEPER

PO BOX 338
EASTON,MA02356 		N/A PC DARTMOUTH FACILITY 100,000

MY BROTHER'S KEEPER

PO BOX 338
EASTON,MA02356 		N/A PC CHRISTMAS PROGRAM 100,000

NATIONAL MULTIPLE SCLEROSIS SOCIETY

101A FIRST AVENUE
WALTHAM,MA02451 		N/A PC UNRESTRICTED 50,000

NATIVITY PREPARATORY SCHOOL

39 LAMARTINE STREET
JAMAICA PLAIN,MA02130 		N/A PC SCHOLARSHIP SUPPORT 100,000

NEW ENGLAND CENTER AND HOME FOR VETERANS

17 COURT ST
BOSTON,MA02108 		N/A PC TRANSITIONAL HOUSING PROGRAM 1,000,000

NOTRE DAME ACADEMY

1073 MAIN STREET
HINGHAM,MA02043 		N/A PC SCHOLARSHIP SUPPORT 200,000

NOTRE DAME CRISTO REY HIGH SCHOOL

203 LAWRENCE STREET
METHUEN,MA01844 		N/A PC SCHOLARSHIP SUPPORT 100,000

NOTRE DAME EDUCATION CENTER INC

444 EAST THIRD STREET
BOSTON,MA02127 		N/A PC SCHOLARSHIP SUPPORT 25,000

NVNA AND HOSPICE

120 LONGWATER DR
NORWELL,MA02061 		N/A PC UNRESTRICTED 100,000

OBLATES OF THE VIRGIN MARY

2 IPSWICH STREET
BOSTON,MA02215 		N/A PC SCHOLARSHIP SUPPORT 100,000

OUR LADY OF ASSUMPTION SCHOOL

40 GROVE ST
LYNNFIELD,MA01940 		N/A PC SCHOLARSHIP SUPPORT 100,000

OUR LADY OF PERPETUAL HELP

94 SAINT ALPHONSUS STREET
ROXBURY,MA02120 		N/A PC SCHOLARSHIP SUPPORT 100,000

PAN MASSACHUSETTS CHALLENGE

77 4TH AVENUE
NEEDHAM,MA02494 		N/A PC UNRESTRICTED 227,500

PERKINS SCHOOL FOR THE BLIND

175 NORTH BEACON ST
WATERTOWN,MA02472 		N/A PC UNRESTRICTED 20,000

PIONEER INSTITUTE

185 DEVONSHIRE ST
BOSTON,MA02110 		N/A PC UNRESTRICTED 100,000

ROAD TO RESPONSIBILITY

1831 OCEAN STREET
MARSHFIELD,MA02050 		N/A PC UNRESTRICTED 75,000

RODMAN RIDE FOR KIDS

10 LINCOLN ROAD
FOXBORO,MA02035 		N/A PC UNRESTRICTED 100,000

ROSIE'S PLACE

889 HARRISON AVE
BOSTON,MA02118 		N/A PC UNRESTRICTED 110,000

SACRED HEART SCHOOL

329 BISHOPS HIGHWAY
KINGSTON,MA02364 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT AGATHA CHURCH

432 ADAMS STREET
MILTON,MA02186 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT ALOYSIUS CATHOLIC SCHOOL

52 CHURCH STREET
GILBERTVILLE,MA01031 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT ANSELM COLLEGE

100 SAINT ANSELM DRIVE
MANCHESTER,MA03102 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT ANSELM COLLEGE

100 SAINT ANSELM DRIVE
MANCHESTER,NH03102 		N/A PC CATHOLIC HEALTH CARE EDUCATION 2,500,000

SAINT BENEDICT CLASSICAL ACADEMY

2 PLEASANT STREET SOUTH
NATICK,MA01760 		N/A PC SCHOLARSHIP SUPPORT 150,000

SAINT BERNADETTE SCHOOL

266 MAIN STREET
NORTHBOROUGH,MA01532 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT FRANCIS HOUSE INC

39 BOYLSTON STREET
BOSTON,MA02116 		N/A PC UNRESTRICTED 25,000

SAINT JOHN PAUL II HIGH SCHOOL

120 HIGH SCHOOL ROAD
HYANNIS,MA02601 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT JOHN'S PREPARATORY SCHOOL

72 SPRING ST
DANVERS,MA01923 		N/A PC 1SCHOLARSHIP SUPPORT 100,000

SAINT JOSEPH SCHOOL

90 PICKERING ST
NEEDHAM,MA02492 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT MARY OF THE ASSUMPTION SCHOOL

67 HARVARD ST
BROOKLINE,MA02445 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT MARY PARISH

133 SCHOOL STREET
WALTHAM,MA02451 		N/A PC AFTER SCHOOL PROGRAM 100,000

SAINT MARY'S JR-SR HIGH SCHOOL

35 TREMONT ST
LYNN,MA01902 		N/A PC UNRESTRICTED 250,000

SAINT MARY'S WOMEN AND CHILDREN'S CENTER INC

90 CUSHING AVENUE
DORCHESTER,MA02125 		N/A PC UNRESTRICTED 25,000

SAINT OSCAR ROMERO PARISH

1860 WASHINGTON STREET
CANTON,MA02021 		N/A PC YOUTH MINISTRY PROGRAM 35,000

SAINT PAUL DIOCESAN JR-SR HIGH SCHOOL

144 GRANITE ST
WORCESTER,MA01604 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT PAUL'S CHOIR SCHOOL

29 MOUNT AUBURN STREET
CAMBRIDGE,MA02138 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT PETER SCHOOL

96 CONCORD AVE
CAMBRIDGE,MA02138 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT ROCK HAITI FOUNDATION

372 GRANITE AVE
MILTON,MA02186 		N/A PC UNRESTRICTED 200,000

SAINT ROCK HAITI FOUNDATION

372 GRANITE AVE
MILTON,MA02186 		N/A PC SCHOLARSHIP SUPPORT 40,000

SAINT THERESA OF AVILA SCHOOL

40 SAINT THERESA AVE
WEST ROXBURY,MA02132 		N/A PC SCHOLARSHIP SUPPORT 100,000

SAINT THERESA OF THE CHILD JESUS SCHOOL

192 SUMMER ST
SOMERVILLE,MA02143 		N/A PC SCHOLARSHIP SUPPORT 100,000

SEAL FOUNDATION INC

71 MAIN STREET
LAKEVILLE,MA02347 		N/A PC UNRESTRICTED 25,000

SISTERS OF SAINT JOSEPH

637 CAMBRIDGE STREET
BRIGHTON,MA02135 		N/A PC UNRESTRICTED 250,000

SKI FOR LIGHT INC

1455 WEST LAKE STREET
MINNEAPOLIS,MN55408 		N/A PC UNRESTRICTED 75,000

SOUTH SHORE HABITAT FOR HUMANITY

20 MATHEWSON DRIVE
WEYMOUTH,MA02189 		N/A PC UNRESTRICTED 200,000

SOUTH SHORE INITIATIVE CORP

75 FINNELL DRIVE
WEYMOUTH,MA02188 		N/A PC UNRESTRICTED 75,000

SOUTH SHORE YMCA

91 LONGWATER CIRCLE
NORWELL,MA02061 		N/A PC FOOD PANTRY 150,000

STONEHILL COLLEGE

320 WASHINGTON STREET
EASTON,MA02357 		N/A PC SCHOLARSHIP PROGRAMSSCHOLARSHIP PROGRAMS 200,000

TEEN CHALLENGE NEW ENGLAND INC

1311 MAIN STREET
BROCKTON,MA02301 		N/A PC UNRESTRICTED 10,000

TEEN CHALLENGE NEW ENGLAND INC

1311 MAIN STREET
BROCKTON,MA02301 		N/A PC RETREAT CENTER 1,000,000

TENACITY INC

38 EVERETT ST
BOSTON,MA02134 		N/A PC UNRESTRICTED 50,000

THAYER ACADEMY

745 WASHINGTON STREET
BRAINTREE,MA02184 		N/A PC CAMP THAYER 25,000

THE PLUS COMPANY

19 CHESTNUT STREET
NASHUA,NH03060 		N/A PC UNRESTRICTED 50,000

TRIVIUM SCHOOL

471 LANGEN ROAD
LANCASTER,MA01523 		N/A PC SCHOLARSHIP SUPPORT 100,000

TUFTS MEDICAL CENTER PHYSICIANS

800 WASHINGTON STREET
BOSTON,MA02111 		N/A PC CATHOLIC CHAPLAIN POSITION 50,000

WENTWORTH INSTITUTE OF TECHNOLOGY

550 HUNTINGTON AVE
BOSTON,MA02115 		N/A PC SCHOLARSHIP SUPPORT 350,000

XAVERIAN BROTHERS HIGH SCHOOL

800 CLAPBOARDTREE ST
WESTWOOD,MA02090 		N/A PC SCHOLARSHIP SUPPORT 100,000
Total .................................right arrow 3a 36,618,882
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 15,668,601  
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 .....     14 887,205  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,592,867  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 18,148,673 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
18,148,673
(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.)
Form 990-PF (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FMC MANAGEMENT FEE 245,748 0   245,748
ANDERSEN 2,400 0   1,200

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Name of Bond End of Year Book Value End of Year Fair Market Value
CLOUGH CORP BONDS 72,678,216 65,340,426

TY 2023 InvestmentsCorpStockSchedule
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Name of Stock End of Year Book Value End of Year Fair Market Value
ALPHABET INC 8,822,398 14,146,553
AMAZON COM INC 10,119,074 18,475,904
BERKSHIRE HATHAWAY INC 1,017,126 1,627,875
IDEXX LABS CORP 1,499,577 3,341,401
VERISK ANALYTICS INC 5,744,765 7,759,969
VISA INC 6,257,261 8,044,417
ASML HOLDING 8,390,537 11,775,404
META PLATFORMS INC 2,854,687 5,715,392
CLOUGH EQUITIES 203,522,126 232,767,106

TY 2023 InvestmentsGovtObligationsSch
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
US Government Securities - End of Year Book Value:

60,160,442
US Government Securities - End of Year Fair Market Value:

60,450,816
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FIDELITY ADVISOR REAL ESTATE INC AT COST 14,059,848 12,789,717
CLOUGH HEALTHCARE FUND AT COST 4,029,534 465,338
ISHARES CORE S&P TOTAL US AT COST 17,676,225 29,389,265
PROSHARES ULTRA S&P 500 AT COST 37,656,743 37,049,465
SPDR IND FDS S&P GLOBAL NAT RES AT COST 5,428,810 8,253,300
VANGUARD INDEX FDS SMALL CAP AT COST 5,275,405 7,686,518
GEODE OFFSHORE HOLDBACK AT COST 18,674 18,674
INVESCO EXH TRADED FD AT COST 16,370,717 21,986,074
TORTOISE NORTH AMERICAN AT COST 225,330 432,431
VANGUARD INFORMATION AT COST 5,297,421 10,016,938
VANGUARD RUSSELL 2000 ETF AT COST 4,655,136 6,972,878
VANGUARD S&P 500 ETF AT COST 126,337,592 149,408,955
AMERICAN TOWER CORP AT COST 5,581,569 6,051,734
CLOUGH ASSET BACKED AT COST 1,242,241 4,948,543

TY 2023 LegalFeesSchedule
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ELMORE PATENT LAW GROUP 19,966 0   19,966


TY 2023 OtherAssetsSchedule
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INTEREST PURCHASED 365,075    


TY 2023 OtherExpensesSchedule
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ANNUAL REPORT & FEES 1,000 0   1,000
OFFICE SUPPLIES 928 0   928
IT & COMPUTER MAINTENANCE 27,828 0   27,828
DUES & SUBSCRIPTIONS 723 0   723
INVESTMENT EXPENSE 17,655 6,021   0


TY 2023 OtherIncomeSchedule2
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CURRENCY REALIZED LOSS -31,755 -32,822 -31,755
CLOUGH HEALTHCARE SUBPART F 968,053 968,053 968,053
PARTNERSHIP K-1 -49,093 -49,093 -49,093


TY 2023 OtherProfessionalFeesSchedule
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CLOUGH CAPITAL INV MGT FEE 1,430,819 1,430,819   0
FMC MANAGEMENT FEE 901,250 901,250   0
ANDERSEN 221,530 221,530   0
PARAMETRIC 57,731 57,731   0
GRANT ADMINISTRATION 160,046 0   160,046


TY 2023 TaxesSchedule
Name:
THE FLATLEY FOUNDATION
EIN:
04-2763837
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 97,679 97,679   0
FEDERAL EXCISE 160,000 0   0