Seth Adams Trust FY2020 filing

Tax-deductible

Boston, MA501(c)(3)EIN 23-7125976Revenue $154K in FY2020

On file with the IRSPo Box 55806, 02205-5806 · Boston, MATax-exempt since Sep 1971Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2020 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $192K a year · 48% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$154K
Spent
$581K
Net assets
$8.3M
By yearFY2020–FY2024
Revenue
$154K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$154K
FY2021$558K
FY2022$322K
FY2023$230K
FY2024$728K
Expenses
$581K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$581K
FY2021$586K
FY2022$658K
FY2023$569K
FY2024$558K
Net assets
$8.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$8.3M
FY2021$8.2M
FY2022$7.8M
FY2023$7.5M
FY2024$7.6M

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 86% · $500K Operating & administrative 14% · $81K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Seth Adams Trust executive salaries →

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Programs and updates

A private foundation based in Boston, MA.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 1 grant · $491K · 2023–2023
Faulkner HospitalFY2023$491,334

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$491K
Median grantPart XV$491K
Largest grantPart XV$491K

By the numbers

The FY2020 990-PF, line by line.

1The main four
Money in
$154K
Investment income$103K
Other income$51K
Money out
$581K
Grants paid$500K
Running costs$81K
Owns and owes
$8.3M
net assets
Cash and savings$139K
Total assets$8.3M
Liabilities$0
2In more detail
Revenue in detail
Investment income$103K
Other income$51K
Total revenue$154K
Assets in detailEnd of year
Cash and savings together$139K
Total assets$8.3M
Liabilities$0
Net assets$8.3M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $728K$558K$170K$7.6M 990 PDF
FY2023 $230K$569K−$339K$7.5M 990 PDF
FY2022 $322K$658K−$336K$7.8M 990 PDF
FY2021 $558K$586K−$28K$8.2M 990 PDF
FY2020 Viewing $154K$581K−$427K$8.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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