Form 990 for tax year 2022
Filed by BAIN CAPITAL CHILDRENS CHARITY LTD.
Totals
- Total revenue
- $1,580,050
- Total expenses
- $1,558,457
- Contributions and grants received
- $1,580,050
- Grants paid
- $1,557,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,615,925
- Total liabilities, end of year
- $22,738
- Net assets or fund balances, end of year
- $1,593,187
- Program services expenses (Part IX)
- $1,557,500
- Management and general expenses
- $957
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,557,500
Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$1,580,050
-
1f · All other contributions, gifts and grants
$0
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$609,589
-
8a · Fundraising events: contributions included on line 1c
$1,580,050
-
8b · Fundraising events: direct expenses
$609,589
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,557,500 · program services $1,557,500
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: TAX FILING FEES
total $957 · management and general $957
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $686,386 · end of year $853,272
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $1,065,938 · end of year $762,653
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $157,930 · end of year $22,738
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $979,394 · end of year $857,937
-
28 · Net assets with donor restrictions
beginning of year $615,000 · end of year $735,250
Mission and programs · 2022
Mission
SEE SCHEDULE O
-
BAIN CAPITAL CHILDREN'S CHARITY, LTD CONDUCTS A GOLF TOURNAMENT AS A FUNDRAISING EVENT TO BENEFIT VARIOUS CHARITABLE ORGANIZATIONS WHICH SUPPORT THE GENERAL WELFARE OF CHILDREN AND YOUNG ADULTS.
Expenses $1,557,500 · Grants $1,557,500
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joshua Bekenstein
President & Director
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
John Patrick Connaughton
Vice President & Director
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Stephen Gerard Pagliuca
Clerk & Director
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Michael Alan Krupka
Director
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Jonathan Scott Lavine
Assistant Clerk & Director
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Michael De Courcy Ward
Treasurer & Director
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Jeffrey HawkinsJEFFREY HAWKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 40 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$50,000
BENEFITS CHILDREN
-
BOYS AND GIRLS CLUBS OF BOSTON
$50,000
YOUTH SERVICE PROVIDERS
-
CATHOLIC SCHOOLS FOUNDATION INC
$50,000
YOUTH EDUCATION
-
$50,000
WE SEEK TO CLOSE THE OPPORTUNITY AND ACHIEVEMENT GAP CAUSED BY SOCIOECONOMIC INEQUITY FOR UNDERSERVED, LOW-INCOME BOSTON MIDDLE SCHOOL AND HIGH SCHOOL YOUTH BY PROVIDING A VARIETY OF FREE PROGRAMS DURING THE SCHOOL YEAR AND SUMMER THAT DEVELOP THE SKILL.
-
$50,000
CANCER CARE
-
$50,000
PROMOTE CHILD EDUCATION
-
STABILIZE FAMILIES
-
BENEFITS CHILDREN
-
$50,000
RIGHT TO PLAY
-
$50,000
SIBLING CONNECTIONS MISSION IS TO SUPPORT THE CREATION OF ENDURING FAMILY RELATIONSHIPS AND COMMUNITY CONNECTIONS FOR SISTERS AND BROTHERS SEPARATED IN THE FOSTER CARE SYSTEM IN MASSACHUSETTS. SIBLING CONNECTIONS RUNS A NUMBER OF PROGRAMS INCLUDING SIBLING SUNDAYS, WEEKEND RETREATS AND AN ANNUAL SUMMER CAMP TO PROVIDE OPPORTUNITIES FOR THESE SIBLINGS TO COME SEE ONE ANOTHER, BE KIDS AND ENJOY THESE SPECIAL BONDS. SIBLINGS ARE OFTEN THE BEST SOURCE OF COMFORT TO THOSE SIBLINGS WHO HAVE BEEN SUBJECT TO TRAUMA THROUGH THEIR EXPERIENCES IN FOSTER CARE. SIBLING CONNECTIONS GOAL IS TO SUPPORT THESE IMPORTANT RELATIONSHIPS.
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
Bain Capital Holdings LP
Investment · MA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313149349303936
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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