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Nonprofiteer
← THE BERKSHIRE TACONIC COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by THE BERKSHIRE TACONIC COMMUNITY FOUNDATION INC.

Totals

Total revenue
$31,998,976
Total expenses
$26,129,388
Contributions and grants received
$26,434,857
Grants paid
$21,910,180
Program service revenue
$57,801
Investment income
$5,506,318
Other revenue
$0
Total assets, end of year
$211,484,549
Total liabilities, end of year
$769,830
Net assets or fund balances, end of year
$210,714,719
Program services expenses (Part IX)
$23,871,971
Management and general expenses
$1,579,307
Fundraising expenses
$678,110
Program service expenses (Part III)
$23,871,971

Program services were 91.4% 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.

  • 1f · All other contributions, gifts and grants

    $26,434,857

  • 1g · Noncash contributions included above

    $6,525,464

  • 2a · Program service revenue: FUND ADMINISTRATION

    total $57,801 · related or exempt $57,801

  • 3 · Investment income

    total $1,976,227 · unrelated business $230,487 · excluded $1,745,740

  • 7a · Gross sales of assets other than inventory

    securities $19,694,539

  • 7b · Less cost or other basis and sales expenses

    securities $16,164,448

  • 7c · Gain or loss

    securities $3,530,091

  • 7d · Net gain or loss

    total $3,530,091 · unrelated business $162,790 · excluded $3,367,301

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $21,586,034 · program services $21,586,034

  • 2 · Grants to domestic individuals

    total $324,146 · program services $324,146

  • 5 · Compensation of officers, directors and key employees

    total $400,672 · program services $145,282 · management and general $164,398 · fundraising $90,992

  • 7 · Other salaries and wages

    total $1,333,015 · program services $764,020 · management and general $219,027 · fundraising $349,968

  • 8 · Pension plan contributions

    total $86,261 · program services $43,319 · management and general $16,860 · fundraising $26,082

  • 9 · Other employee benefits

    total $182,097 · program services $91,642 · management and general $35,900 · fundraising $54,555

  • 10 · Payroll taxes

    total $154,765 · program services $94,507 · management and general $27,439 · fundraising $32,819

  • 11b · Fees: legal

    total $11,231 · management and general $11,231

  • 11c · Fees: accounting

    total $46,370 · program services $27,107 · management and general $19,263

  • 11f · Fees: investment management

    total $977,093 · management and general $977,093

  • 11g · Fees: other

    total $367,590 · program services $342,580 · management and general $4,497 · fundraising $20,513

  • 12 · Advertising and promotion

    total $34,704 · program services $30,443 · management and general $2,130 · fundraising $2,131

  • 13 · Office expenses

    total $115,156 · program services $88,813 · management and general $4,764 · fundraising $21,579

  • 14 · Information technology

    total $201,767 · program services $116,965 · management and general $47,579 · fundraising $37,223

  • 16 · Occupancy

    total $64,436 · program services $30,728 · management and general $15,351 · fundraising $18,357

  • 17 · Travel

    total $17,248 · program services $10,003 · management and general $3,144 · fundraising $4,101

  • 19 · Conferences, conventions and meetings

    total $17,078 · program services $17,078

  • 22 · Depreciation, depletion and amortization

    total $8,951 · program services $8,951

  • 23 · Insurance

    total $60,941 · program services $45,068 · management and general $7,371 · fundraising $8,502

  • 24a · Other expenses: UBIT TAXES

    total $12,530 · management and general $12,530

  • 24b · Other expenses: PROFESSIONAL DEVELOP.

    total $66,080 · program services $49,715 · management and general $8,182 · fundraising $8,183

  • 24c · Other expenses: MISCELLANEOUS

    total $46,899 · program services $46,899

  • 24d · Other expenses: LEADERSHIP INITIATIVE

    total $6,492 · program services $3,441 · management and general $1,363 · fundraising $1,688

  • 24e · All other expenses

    total $7,832 · program services $5,230 · management and general $1,185 · fundraising $1,417

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,732,595 · end of year $2,956,559

  • 2 · Savings and temporary cash investments

    beginning of year $9,638,497 · end of year $11,630,717

  • 3 · Pledges and grants receivable

    beginning of year $112,421 · end of year $1,290

  • 4 · Accounts receivable

    beginning of year $38,018 · end of year $79,780

  • 9 · Prepaid expenses and deferred charges

    beginning of year $46,069 · end of year $50,521

  • 10a · Land, buildings and equipment: cost or other basis

    $244,409

  • 10b · Land, buildings and equipment: accumulated depreciation

    $195,503

  • 10c · Land, buildings and equipment, net

    beginning of year $52,007 · end of year $48,906

  • 11 · Investments: publicly traded securities

    beginning of year $80,398,585 · end of year $80,825,553

  • 12 · Investments: other securities

    beginning of year $141,528,522 · end of year $115,891,223

  • 17 · Accounts payable and accrued expenses

    beginning of year $337,617 · end of year $257,045

  • 18 · Grants payable

    beginning of year $171,765 · end of year $440,624

  • 19 · Deferred revenue

    beginning of year $382,000 · end of year $60,000

  • 25 · Other liabilities

    beginning of year $16,033 · end of year $12,161

  • 27 · Net assets without donor restrictions

    beginning of year $54,673,333 · end of year $51,133,161

  • 28 · Net assets with donor restrictions

    beginning of year $179,965,966 · end of year $159,581,558

Mission and programs · 2022

Mission

TO CONNECT DONORS WITH CAUSES, BUILD PERMANENT COMMUNITY RESOURCES, AND STRENGHTHEN NONPROFIT ORGANIZATIONS TO IMPROVE THE QUALITY OF LIFE IN BERKSHIRE, MA; COLUMBIA & NE DUTCHESS, NY AND NW LITCHFIELD, CT COUNTIES.

Activities or mission (Part I)

TO STRENGTHEN COMMUNITIES THROUGH PHILANTHROPY AND LEADERSHIP.

  • COMMUNITY PHILANTHROPY: PROVIDED SUPPLEMENTAL FINANCIAL SUPPORT TO ENHANCE THE COMMUNITY BOTH THROUGH AND TO RECOGNIZED CHARITABLE AGENCIES.

    Expenses $21,248,706 · Grants $19,399,589

  • PROGRAM PHILANTHROPY: PROVIDED SUPPORT TO SPECIFIC FIELDS OF INTEREST TO STRENGTHEN OUR COMMUNITY, INCLUDING ENVIRONMENTAL PROTECTION, SOCIAL SERVICES, EDUCATION, AND YOUTH DEVELOPMENT.

    Expenses $947,394 · Grants $843,639

  • REGIONAL PHILANTHROPY: PROVIDED CHARITABLE SUPPORT FOR SPECIFIC GEOGRAPHIC AREAS WITHIN THE REGION WE SERVE, AND FUND ADMINISTRATION FOR RELATED SUPPORTING ORGANIZATIONS SERVING THE COMMUNITY.

    Expenses $874,562 · Grants $867,557 · Revenue $57,801

  • Expenses $801,309 · Grants $799,395

As filed on the 2022 return.

Listed in Part VII

  • DR RICHARD WEININGER

    CHAIR

    Total calculated
    $0
    Hours/week
    3 + 0.5 related

  • PAMELA R GREEN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3 + 0.5 related

  • DAVID OFFENSEND

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3 + 0.5 related

  • JODI K RATHBUN-BRIGGS

    TREASURER

    Total calculated
    $0
    Hours/week
    3 + 0.5 related

  • ACKNEIL M MULDROW III

    SECRETARY

    Total calculated
    $0
    Hours/week
    3 + 0.5 related

  • EMILIE PRYOR

    SECRETARY (THRU 6/30/22)

    Total calculated
    $0
    Hours/week
    3 + 0.5 related

  • ELLEN C BOYD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SUZETTE BROOKS-MASTERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR PETER DILLON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SHELDON EVANS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PETER FRANK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • THADDEUS GRAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • NANCY HUMPHREYS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ELIZABETH M HEWITT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ELIZABETH R HILPMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 0.5 related

  • BRYAN E HOUSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JANE IREDALE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KELLY A MORGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 0.5 related

  • ROBERT NORRIS

    DIRECTOR THRU 6/30/22

    Total calculated
    $0
    Hours/week
    3 + 0.5 related

  • GREGG OSOFSKY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • HENRY PUTZEL III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DANIEL S STERNBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ELEANORE VELEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JOSEPH BAKER

    VP FINANCE & ADMIN

    Total calculated
    $183,515
    From this org
    $144,847
    From related orgs
    $0
    Other
    $38,668
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $144,118
    Bonus
    $0
    Other
    $729
    Deferred
    $10,200
    Nontaxable benefits
    $28,468
    Filer's total
    $183,515

  • PETER TAYLOR

    PRESIDENT / CEO

    Total calculated
    $217,157
    From this org
    $184,086
    From related orgs
    $0
    Other
    $33,071
    Hours/week
    50 + 2.5 related

    Schedule J breakdown matched by us

    Base
    $183,441
    Bonus
    $0
    Other
    $645
    Deferred
    $12,965
    Nontaxable benefits
    $20,106
    Filer's total
    $217,157

  • TIMOTHY WILMOT

    DIR., STRATEGY, EVALUATION

    Total calculated
    $135,436
    From this org
    $117,615
    From related orgs
    $0
    Other
    $17,821
    Hours/week
    37.5

  • KARA MIKULICH

    CHIEF PHILANTHROPY OFFICER

    Total calculated
    $169,003
    From this org
    $128,968
    From related orgs
    $0
    Other
    $40,035
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $128,633
    Bonus
    $0
    Other
    $335
    Deferred
    $9,440
    Nontaxable benefits
    $30,595
    Filer's total
    $169,003

  • MAEVE O'DEA

    PROGRAM DIRECTOR

    Total calculated
    $150,620
    From this org
    $120,051
    From related orgs
    $0
    Other
    $30,569
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $119,690
    Bonus
    $0
    Other
    $361
    Deferred
    $8,528
    Nontaxable benefits
    $22,041
    Filer's total
    $150,620

  • BRENDA TRIERWEILER

    CONTROLLER

    Total calculated
    $126,803
    From this org
    $100,557
    From related orgs
    $0
    Other
    $26,246
    Hours/week
    37.5

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • BTCF RESOURCES

    501(C)(3) · REAL ESTATE HOLDING · CT · controlled entity

    Directly controlled by BERKSHIRE TACONIC COMMUNITY FOUNDATION INC

  • FOUNDATION FOR COMMUNITY HEALTH

    501(C)(3) · GRANTMAKING · CT · controlled entity

    Directly controlled by BERKSHIRE TACONIC COMMUNITY FOUNDATION INC

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349311108

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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