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 LYNCH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)109 STATE ST 404
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02109
A Employer identification number

04-3017940
B Telephone number (see instructions)

(617) 639-1280
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$130,010,432J 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... 1,015,868 1,015,868  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,196,254
b Gross sales price for all assets on line 6a 202,018,040
7 Capital gain net income (from Part IV, line 2)... 5,196,254
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
25,696 25,696  
12 Total. Add lines 1 through 11........ 6,237,818 6,237,818  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 543,000 0   543,000
14 Other employee salaries and wages...... 262,049 99,824   162,225
15 Pension plans, employee benefits....... 249,398 52,561   196,837
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
33,500 16,750   16,750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
828,459 652,733   175,726
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
135,769 8,984   126,785
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 72,000 0   72,000
21 Travel, conferences, and meetings....... 49,019 45,653   3,366
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
93,774 0   93,774
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,266,968 876,505   1,390,463
25 Contributions, gifts, grants paid....... 7,723,164 7,723,164
26 Total expenses and disbursements. Add lines 24 and 25 9,990,132 876,505   9,113,627
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,752,314
b Net investment income (if negative, enter -0-) 5,361,313
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............. 6,283,568 9,139,052 9,139,052
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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.......... 206,175 23,703 23,703
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 86,576,721 Click to see attachment
List of Attached Documents:
// Content
96,580,566 		96,580,566
c Investments—corporate bonds (attach schedule).......      
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).......... 21,237,584 Click to see attachment
List of Attached Documents:
// Content
24,255,111 		24,255,111
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow   10,221 0 0
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,000,000 		Click to see attachment
List of Attached Documents:
// Content
12,000 		Click to see attachment
List of Attached Documents:
// Content
12,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 115,314,269 130,010,432 130,010,432
Liabilities 17 Accounts payable and accrued expenses.......... 119,204 142,436
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) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
188,779
23 Total liabilities (add lines 17 through 22)......... 119,204 331,215
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 115,195,065 129,679,217
29 Total net assets or fund balances (see instructions)..... 115,195,065 129,679,217
30 Total liabilities and net assets/fund balances (see instructions). 115,314,269 130,010,432
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
115,195,065
2
Enter amount from Part I, line 27a .....................
2
-3,752,314
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
18,963,971
4
Add lines 1, 2, and 3 ..........................
4
130,406,722
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
727,505
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
129,679,217
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 PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 202,018,040   196,821,786 5,196,254
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       5,196,254
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,196,254
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 74,522
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 74,522
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 74,522
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 123,317
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.............. 7 123,317
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 48,795
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow48,795 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
 
No
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 arrowWWW.THELYNCHFOUNDATION.COM
14
The books are in care ofright arrowKATHRYN EVERETT EXECUTIVE DIRECTOR Telephone no.right arrow (617) 639-1280

Located atright arrow109 STATE ST STE 404BOSTONMA ZIP+4right arrow02109
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)
 
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
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
PETER S LYNCH PRESIDENT AND CHAIRMAN
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
RICHARD SPILLANE TREASURER
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
ELIZABETH DE MONTRICHARD SECRETARY
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
ANNE LUKOWSKI VICE PRESIDENT
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
RALPH C SWEETLAND MD TRUSTEE
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
MARY WITKOWSKI TRUSTEE
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
JOHN REGAN TRUSTEE
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
NANCY COOLIDGE TRUSTEE
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
AMANDA FERNANDEZ TRUSTEE
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
MARIE-CLAUDE TANNY TRUSTEE
1.00 		0 0 0
109 STATE ST STE 404
BOSTON,MA02109
KATHRYN M EVERETT EXECUTIVE DIRECTOR
40.00 		543,000 89,682 0
109 STATE ST STE 404
BOSTON,MA02109
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
KATHRYN EVERETT EXECUTIVE DIRECTOR
40.00 		543,000 89,682 0
109 STATE ST STE 404
BOSTON,MA02109
VICTORIA PRUDDEN CHIEF OPERATIONS OFF
40.00 		159,725 40,480 0
109 STATE ST STE 404
BOSTON,MA02109
ASHLEY MEANY TRADING & INVESTMENT
20.00 		87,324 52,316 0
109 STATE ST STE 404
BOSTON,MA02109
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
VILMS CONSULTING ACCOUNTING SERVICES 74,400
125 HIGH ST
BOSTON,MA02110
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  
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
91,578,644
b
Average of monthly cash balances.......................
1b
7,711,310
c
Fair market value of all other assets (see instructions)................
1c
24,255,111
d
Total (add lines 1a, b, and c).........................
1d
123,545,065
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
123,545,065
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,853,176
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
121,691,889
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,084,594
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
6,084,594
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
74,522
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
74,522
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,010,072
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,010,072
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
6,010,072
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
9,113,627
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
9,113,627
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 6,010,072
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 2,920,720
b From 2019...... 3,227,134
c From 2020...... 3,224,770
d From 2021...... 5,155,936
e From 2022...... 3,098,623
f Total of lines 3a through e ........ 17,627,183
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 9,113,627
a Applied to 2022, 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 2023 distributable amount..... 6,010,072
e Remaining amount distributed out of corpus 3,103,555
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 20,730,738
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 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		2,920,720
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		17,810,018
10 Analysis of line 9:
a Excess from 2019.... 3,227,134
b Excess from 2020.... 3,224,770
c Excess from 2021.... 5,155,936
d Excess from 2022.... 3,098,623
e Excess from 2023.... 3,103,555
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 e-mail address of the person to whom applications should be addressed:
KATHRYN M EVERETT
109 STATE ST STE 404
BOSTON,MA02109
(617) 639-1280
bThe form in which applications should be submitted and information and materials they should include:
ALL REQUESTS ARE SUBMITTED ELECTRONICALLY THROUGH THE LYNCH FOUNDATION WEBSITE: WWW.THELYNCHFOUNDATION.COM. APPLICANTS SHOULD FILL OUT THE CONCEPT PAPER WHICH INCLUDES INFORMATION ABOUT THE ORGANIZATION, DESCRIPTION OF REQUEST AND OBJECTIVES OF THEIR REQUEST.
cAny submission deadlines:
THE CONCEPT PAPERS ARE REVIEWED ON A ROLLING PROCES
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ORGANIZATIONS MUST BE A 501(C)(3) ORGANIZATION THAT PERFORMS WORK PRIMARILY IN MASSACHUSETTS AND BE UNDER THE GIVING GUIDELINES OF EDUCATION, HEALTH CARE AND WELLNESS INCLUDING SOCIAL DETERMINANTS OF HEALTH, PRESERVATION AND ACCESS TO CULTURAL AND HISTORIC ASSETS AND OPEN SPACE FOR ALL, THE RELIGIOUS AND EDUCATIONAL EFFORTS OF THE ROMAN CATHOLIC CHURCH, AND HOUSING AND HOMELESSNESS.
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

AMERICAN FEDERATION FOR CHILDREN

1020 19TH ST NW SUITE 675
WASHINGTON,DC20036 		  PC GENERAL OPERATING SUPPORT 150,000

AMERICAN IRELAND FUND

10 POST OFFICE SQUARE SUITE 1205
BOSTON,MA02109 		  PC GENERAL OPERATING SUPPORT 25,000

ARCHDIOCESE OF BOSTON

66 BROOKS DRIVE
BRAINTREE,MA02184 		  PC CARDINAL'S APPEAL, CLERGY BENEFIT TRUST, CATHOLIC SCHOOLS SUPPORT 360,000

BOSTON CELTICS SHAMROCK FOUNDATION

226 CAUSEWAY ST 4TH FLOOR
BOSTON,MA02114 		  PC BOSTON CELTICS UNITED FOR SOCIAL JUSTICE INITIATIVE 110,000

BOSTON CHILDREN'S HOSPITAL

300 LONGWOOD AVENUE
BOSTON,MA02115 		  PC RESEARCH CENTER 80,000

BOSTON CHILDREN'S MUSEUM

308 CONGRESS STREET
BOSTON,MA02210 		  PC GENERAL OPERATING SUPPORT 10,000

BOSTON COLLEGE POPS ON THE HEIGHTS

140 COMMONWEALTH AVENUE
CHESTNUT HILL,MA02467 		  PC SCHOLARSHIP SUPPORT 50,000

BOSTON COLLEGE MCMULLEN MUSEUM OF ART

2101 COMMONWEALTH AVE
BOSTON,MA02135 		  PC CAPITAL SUPPORT 325,000

BOSTON SCHOOLS FUND

31 HEATH STREET
BOSTON,MA02130 		  PC GENERAL OPERATING SUPPORT 25,000

BOSTON YOUTH SYMPHONY ORCHESTRA

235 HUNTINGTON AVE
BOSTON,MA02115 		  PC CAPITAL CAMPAIGN 200,000

BOYS AND GIRLS CLUBS OF BOSTON

50 CONGRESS STREET SUITE 730
BOSTON,MA02109 		  PC GENERAL OPERATING SUPPORT 50,000

BREAST CANCER RESEARCH FUND

28 WEST 44TH STREET SUITE 609
NEW YORK,NY10036 		  PC GENERAL OPERATING SUPPORT 25,500

CAMBRIDGE COLLEGE

500 RUTHERFORD AVE
BOSTON,MA02129 		  PC SCHOLARSHIP SUPPORT 65,451

CAMP HARBOR VIEW FOUNDATION

200 CLARENDON STREET
BOSTON,MA02116 		  PC GENERAL OPERATING SUPPORT 50,000

CAMPAIGN FOR CATHOLIC SCHOOLS

66 BROOKS DRIVE
BRAINTREE,MA02184 		  PC GENERAL OPERATING SUPPORT 25,000

CATHEDRAL HIGH SCHOOL

74 UN PARK STREET
BOSTON,MA02118 		  PC GENERAL OPERATING SUPPORT 100,000

CATHOLIC CHARITIES

75 KNEELAND ST 8TH FLOOR
BOSTON,MA02118 		    GENERAL OPERATING SUPPORT 25,000

CATHOLIC RELIEF SERVICES

228 W LEXINGTON STREET
BALTIMORE,MD21201 		  PC GENERAL OPERATING SUPPORT 25,000

CATHOLIC SCHOOLS FOUNDATION

67 BATTERYMARCH STREET 6TH FLOOR
BOSTON,MA02110 		  PC ENDOWMENT SUPPORT 171,500

CHARLES RIVER CONSERVANCY

43 THORNDIKE ST
CAMBRIDGE,MA02141 		  PC PUBLIC ART PROJECT 25,000

CHILDREN'S SERVICES OF ROXBURY

504-520 DUDLEY ST
ROXBURY,MA02119 		  PC CAPITAL CAMPAIGN 100,000

CITIZENS HOUSING AND PLANNING ASSOCIATION

ONE BEACON ST 5TH FLOOR
BOSTON,MA02108 		  PC HOUSING NAVIGATOR MASSACHUSETTS 85,000

CITY OF BOSTON PARKS AND RECREATION DEPARTMENT

1010 MASSACHUSETTS AVENUE - 3F
BOSTON,MA02118 		  PC BOSTON COMMON TREE LIGHTING 10,000

CITY YEAR BOSTON

287 COLUMBUS AVENUE
BOSTON,MA02116 		  PC GENERAL OPERATING SUPPORT 5,000

COMMUNITY MUSIC CENTER OF BOSTON

34 WARREN AVENUE
BOSTON,MA02116 		  PC CAPITAL CAMPAIGN 100,000

EAST BOSTON CENTRAL CATHOLIC

69 LONDON ST
EAST BOSTON,MA02128 		  PC EARLY CHILDHOOD PROGRAM 3,000

DREXEL FUND

135 W WELLS STREET SUITE 100
MILWAUKEE,WI53203 		  PC GENERAL OPERATING SUPPORT 25,000

EDEN INC

717 SOUTH STREET
BOSTON,MA02110 		  PC GENERAL OPERATING SUPPORT 50,000

EMMANUEL COLLEGE

400 THE FENWAY
BOSTON,MA02115 		  PC CAROLYN A. LYNCH INSTITUTE 50,000

FACING HISTORY & OURSELVES

16 HURD ROAD
BROOKLINE,MA02445 		  PC GENERAL OPERATING SUPPORT 5,000

FAMILYAID BOSTON

3815 WASHINGTON STREET
BOSTON,MA02130 		  PC NAVIGATOR PROGRAM 75,000

FATHER'S UPLIFT

12 SOUTHERN AVENUE
BOSTON,MA02124 		  PC CAPACITY BUILDING 150,000

FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS

603 PARK POINT DRIVE
GOLDEN,CO80401 		  PC GENERAL OPERATING SUPPORT 50,000

FIDELITY CHARITABLE

200 SEAPORT BLVD NCW4B
BOSTON,MA02210 		  PC DISCRETIONARY GRANTS 700,000

FOUNDATION TO COMBAT ANTISEMITISM

ONE PATRIOT PLACE
FOXBOROUGH,MA02035 		  PC GENERAL OPERATING SUPPORT 100,000

FOUND IN TRANSLATION

1532B DORCHESTER AVENUE
BOSTON,MA02122 		  PC GENERAL OPERATING SUPPORT 145,000

FRIENDS OF THE PUBLIC GARDEN

69 BEACON STREET
BOSTON,MA02108 		  PC ENDOWMENT SUPPORT 5,000

GARDEN CLUB OF BACK BAY

PO BOX 991017
BOSTON,MA02199 		  PC MAINTENANCE SUPPORT 250

GBH

ONE GUEST STREET
BOSTON,MA02135 		  PC NOVA PROGRAM SUPPORT 10,000

GREGORIAN UNIVERSITY FOUNDATION

3220 N STREET NW 201
WASHINGTON,DC20007 		  PC GENERAL OPERATING SUPPORT 15,000

HARVARD MEDICAL SCHOOL

401 PARK DRIVE SUITE 22W
BOSTON,MA02215 		  PC BOARD OF FELLOWS 25,000

HISTORIC NEW ENGLAND

141 CAMBRIDGE ST
BOSTON,MA02114 		  PC GENERAL OPERATING SUPPORT 25,000

HOLY NAME SCHOOL

535 W ROXBURY PKWY
WEST ROXBURY,MA02132 		  PC EARLY CHILDHOOD PROGRAM 33,863

HOPE AND COMFORT

659 HIGHLAND AVE
NEEDHAM,MA02494 		  PC CAPACITY BUILDING 25,000

HOPEWELL

3 ALLIED DRIVE SUITE 308
DEDHAM,MA02026 		  PC MY FIRST PLACE PROGRAM 100,000

INNERCITY WEIGHTLIFTING

PO BOX 171313
BOSTON,MA02117 		  PC GENERAL OPERATING SUPPORT 100,000

LASALLE ACADEMY

612 ACADEMY AVENUE
PROVIDENCE,RI02908 		  PC SCHOLARSHIP SUPPORT 25,000

LAWRENCE CATHOLIC ACADEMY

101 PARKER ST
LAWRENCE,MA01843 		  PC CAPITAL CAMPAIGN AND EARLY CHILDHOOD SUPPORT 605,042

LAWRENCE COMMUNITYWORKS

168 NEWBURY ST
LAWRENCE,MA01841 		  PC DYE WORKS CAPITAL SUPPORT 250,000

LEADERSHIP ROUNDTABLE

1775 I ST NW SUITE 1150 WASHINGTON
DC 20006
WASHINGTON,DC20006 		  PC CATHOLIC SUMMIT 50,000

LOWELL CATHOLIC ACADEMY

486 STEVENS ST
LOWE,MA01851 		  PC EARLY CHILDHOOD PROGRAM 110,994

LYNCH LEADERSHIP ACADEMY

140 COMMONWEALTH AVENUE
CHESTNUT HILL,MA02467 		  PC GENERAL OPERATING SUPPORT 100,000

MARBLEHEAD MUSEUM

170 WASHINGTON STREET
MARBLEHEAD,MA01945 		  PC BRICK KITCHEN AND SLAVE QUARTERS 50,000

MASSACHUSETTS GENERAL HOSPITAL

55 FRUIT STREET
BOSTON,MA02114 		  PC CENTER FOR COURAGEOUS KIDS 33,316

MASSACHUSETTS MENTORING PARTNERSHIP

75 KNEELAND ST
BOSTON,MA02111 		  PC GENERAL OPERATING SUPPORT 5,000

MENTOR NATIONAL MENTORING PARTNERSHIP

201 SOUTH STREET 6TH FLOOR BOSTON
MA 02111
BOSTON,MA02111 		  PC GENERAL OPERATING SUPPORT 50,000

MISSION GRAMMAR SCHOOL

94 ALPHONSUS STREET
BOSTON,MA02120 		  PC EARLY CHILDHOOD PROGRAM 17,463

MY BROTHER'S KEEPER

PO BOX 338
EASTON,MA02356 		  PC CAPITAL CAMPAIGN AND GENERAL OPERATING SUPPORT 275,000

OAK ROSE FUND

2624 S KRAMERIA STREET
DENVER,CO80222 		  PC CATHOLIC SCHOOL WORKING GROUP 5,000

ORDER OF MALTA AMERICAN ASSOCIATION

1011 1ST AVENUE 1350
NEW YORK,NY10022 		  PC CAPITAL CAMPAIGN 100,000

PAN MASSACHUSETTS CHALLENGE

77 4TH AVENUE
NEEDHAM,MA02494 		  PC GENERAL OPERATING SUPPORT 1,027

PARTNERS IN HEALTH

888 COMMONWEALTH AVENUE 3RD FLOOR
BOSTON,MA02215 		  PC PAUL E. FARMER SCHOLARSHIP FUND & GENERAL OPERATING SUPPORT 225,000

PEABODY ESSEX MUSEUM

161 ESSEX STREET
SALEM,MA01970 		  PC GENERAL OPERATING SUPPORT 25,000

PHILANTHROPY MASSACHUSETTS

133 FEDERAL STREET
BOSTON,MA02110 		  PC MEMBERSHIPS 10,500

PHOENIX

54 NEWMARKET SQUARE
BOSTON,MA02118 		  PC GENERAL OPERATING SUPPORT 25,000

PINE STREET INN

444 HARRISON AVENUE
BOSTON,MA02118 		  PC SUPPORTIVE SERVICES FOR 900 MORRISSEY BOULEVARD PROJECT 167,000

PIONEER INSTITUTE

185 DEVONSHIRE ST
BOSTON,MA02110 		  PC GENERAL OPERATING SUPPORT 50,000

RENEW INTERNATIONAL

1232 GEORGE STREET
PLAINFIELD,NJ07062 		  PC GENERAL OPERATING SUPPORT 25,000

RON BURTON TRAINING VILLAGE

55 MORGAN ROAD
HUBBARDSTON,MA01452 		  PC GENERAL OPERATING SUPPORT 25,000

ROSE KENNEDY GREENWAY

185 KNEELAND STREET
BOSTON,MA02111 		  PC GENERAL OPERATING SUPPORT 10,000

SACRED HEART ROSLINDALE

1035 CANTERBURY STREET
ROSLINDALE,MA02131 		  PC EARLY CHILDHOOD PROGRAM 8,863

SACRED HEART SCHOOL KINGSTON

329 BISHOPS HIGHWAY KINGSTON MA
02364
KINGSTON,MA02364 		  PC EARLY CHILDHOOD PROGRAM 78,860

SAINT JOHN PAUL II CATHOLIC ACADEMY

790 COLUMBIA ROAD
DORCHESTER,MA02125 		  PC EARLY CHILDHOOD PROGRAM 13,863

SAINT THERESA OF THE CHILD JESUS CATHOLIC SCHOOL

192 SUMMER STREET SOMERVILLE MA
02143
SOMERVILLE,MA02143 		  PC EARLY CHILDHOOD PROGRAM 11,863

SITTERS FOR SCHOLARS

769 CENTRE ST
BOSTON,MA02130 		  PC GENERAL OPERATING SUPPORT 10,000

SOUTH BOSTON CATHOLIC

866 EAST BROADWAY
BOSTON,MA02127 		  PC EARLY CHILDHOOD PROGRAM 17,663

ST AGATHA SCHOOL

440 ADAMS STREET
MILTON,MA02186 		  PC EARLY CHILDHOOD PROGRAM 25,681

ST AGNES SCHOOL

39 MEDFORD ST
ARLINGTON,MA02474 		  PC EARLY CHILDHOOD PROGRAM 13,863

ST BRIDGET FRAMINGHAM

832 WORCESTER RD
FRAMINGHAM,MA01702 		  PC EARLY CHILDHOOD PROGRAM 120,994

ST FRANCIS HOUSE

39 BOYLSTON ST
BOSTON,MA02116 		  PC VAN AND CAPITAL SUPPORT 107,433

ST JOHN SCHOOL BOSTON

9 MOON STREET
BOSTON,MA02113 		  PC EARLY CHILDHOOD PROGRAM 13,863

ST JOHN THE BAPTIST SCHOOL

19 CHESTNUT ST PEABODY MA 01960
PEABODY,MA01960 		  PC EARLY CHILDHOOD PROGRAM 14,563

ST MARY OF THE ASSUMPTION SCHOOL

67 HARVARD ST BROOKLINE MA 02445
BROOKLINE,MA02445 		  PC EARLY CHILDHOOD PROGRAM 18,863

ST MARY OF THE HILLS

250 BROOK RD
MILTON,MA02186 		  PC EARLY CHILDHOOD PROGRAM 8,863

ST MARY'S EARLY EDUCATION AND ELEMENTARY SCHOOL

571 BOSTON ST LYNN MA 01905
LYNN,MA01905 		  PC EARLY CHILDHOOD PROGRAM 2,000

ST MARY'S SCHOOL LYNN

35 TREMONT ST
LYNN,MA01902 		  PC EARLY CHILDHOOD PROGRAM 25,000

ST MICHAEL'S SCHOOL LOWELL

21 6TH ST
LOWELL,MA01850 		  PC EARLY CHILDHOOD PROGRAM 37,516

ST PIUS V SCHOOL

28 BOWLER STREET
LYNN,MA01904 		  PC EARLY CHILDHOOD PROGRAM 31,397

STRATEGIES FOR CHILDREN

50 ROWES WHARF
BOSTON,MA02110 		  PC GENERAL OPERATING SUPPORT 61,000

TEACH FOR AMERICA MASSACHUSETTS

60 CANAL STREET 3RD FLOOR
BOSTON,MA02114 		  PC GENERAL OPERATING SUPPORT 25,000

THE BASEBALL INC

150 SHIRLEY ST
BOSTON,MA02119 		  PC GENERAL OPERATING SUPPORT 25,000

THE BOSTON FOUNDATION

75 ARLINGTON STREET 300
BOSTON,MA02116 		  PC EMBRACE BOSTON & CIVIC LEADERSHIP FUND 125,000

THE POSSIBLE ZONE

31 HEATH ST
BOSTON,MA02130 		  PC GENERAL OPERATING SUPPORT 25,000

THE UNUSUAL SUSPECTS

3719 VERDUGO RD
LOS ANGELES,CA90065 		  PC GENERAL OPERATING SUPPORT 25,000

THE URBAN CATHOLIC TEACHER CORPS

25 LAWRENCE AVENUE
CHESTNUT HILL,MA02467 		  PC GENERAL OPERATING SUPPORT 67,205

THRIVE SCHOLARS

75 FEDERAL STREET SUITE 1250 BOSTON
MA 02110
BOSTON,MA02110 		  PC PROGRAM EXPANSION 100,000

TRINITY CATHOLIC ACADEMY

11 PINE STREET SOUTHBRIDGE MA 01550
SOUTHBRIDGE,MA01550 		  PC EARLY CHILDHOOD PROGRAM 13,905

TRUSTEES OF RESERVATIONS

572 ESSEX STREET
BEVERLY,MA01915 		  PC BOSTON ONE WATERFRONT INITIATIVE 200,000

UNCORNERED

222 BOWDOIN ST
DORCHESTER,MA02122 		  PC GENERAL OPERATING SUPPORT 25,000

UNION CAPITAL BOSTON

1544 COLUMBUS AVE BOSTON MA 02119
BOSTON,MA02119 		  PC SPRINGFIELD EXPANSION 50,000

VIET AID

42 CHARLES ST BOSTON MA 02122
BOSTON,MA02122 		  PC WORDS AS WORLDS 50,000

YMCA OF GREATER BOSTON

317 HUNTINGTON AVE
BOSTON,MA02115 		  PC METCO PARTNERSHIP 85,000

YMCA OF THE NORTH SHORE

200 CUMMINGS CENTER
BEVERLY,MA01915 		  PC GENERAL OPERATING SUPPORT 5,000

YW BOSTON

40 BERKELEY ST
BOSTON,MA02116 		  PC GENERAL OPERATING SUPPORT 100,000

LONE ROCK FOUNDATION

25587 CONIFER RD UNIT 105-117
CONIFER,CO804339077 		  PC ILEE 50,000
Total .................................right arrow 3a 7,723,164
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 1,015,868  
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 25,696  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 5,196,254  
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 6,237,818 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,237,818
(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.
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with the preparer shown below?
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Firm's name SmallBullet
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 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 LYNCH FOUNDATION
EIN:
04-3017940
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 33,500 16,750   16,750

TY 2023 InvestmentsCorpStockSchedule
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Name of Stock End of Year Book Value End of Year Fair Market Value
PUBLICLY TRADED SECURITIES 96,580,566 96,580,566

TY 2023 InvestmentsOtherSchedule2
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PRIVATE EQUITY INVESTMENTS FMV 4,759,518 4,759,518
EQUITY FUND INVESMENT FMV 19,495,593 19,495,593

TY 2023 OtherAssetsSchedule
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM RELATED INVESTMENT 1,000,000    
SECURITY DEPOSIT LEASE 0 12,000 12,000


TY 2023 OtherDecreasesSchedule
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Description Amount
PRIOR PERIOD ADJUSTMENT 451,875
CHANGE IN DEFERRED TAX EXPENSE 264,877
BOSTON SELECT ASSET FUNDING GROUP LLC K-1 10,753


TY 2023 OtherExpensesSchedule
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSE 9,789 0   9,789
TELEPHONE 7,639 0   7,639
MEMBERSHIPS 10,463 0   10,463
EVENTS 19,324 0   19,324
SUPPLIES 5,641 0   5,641
SUBSCRIPTIONS 2,025 0   2,025
POSTAGE AND SHIPPING 2,874 0   2,874
OFFICE EXPENSE 34,557 0   34,557
INSURANCE 1,462 0   1,462


TY 2023 OtherIncomeSchedule2
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MISC INCOME 51,291 51,291 51,291
BOSTON SELECT ASSET FUNDING GROUP, LLC K-1 -18,733 -18,733 -18,733
NOTEHOLDERS REORGANIZATION GROUP LLC -6,862 -6,862 -6,862


TY 2023 OtherIncreasesSchedule
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Description Amount
UNREALIZED GAIN ON INVESTMENTS 18,959,692
NOTEHOLDERS REORGANIZATION GROUP LLC K-1 4,279


TY 2023 OtherLiabilitiesSchedule
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 0 188,779


TY 2023 OtherProfessionalFeesSchedule
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 828,459 652,733   175,726


TY 2023 TaxesSchedule
Name:
THE LYNCH FOUNDATION
EIN:
04-3017940
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 41,395 8,984   32,411
FEDERAL EXCISE TAXES 94,374 0   94,374