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← BRIGHT HORIZONS FOUNDATION FOR CHILDREN

Form 990 for tax year 2023

Filed by BRIGHT HORIZONS FOUNDATION FOR CHILDREN.

Totals

Total revenue
$393,862
Total expenses
$403,709
Contributions and grants received
$348,669
Grants paid
$294,091
Program service revenue
$0
Investment income
$44,282
Other revenue
$911
Total assets, end of year
$1,538,908
Total liabilities, end of year
$7,540
Net assets or fund balances, end of year
$1,531,368
Program services expenses (Part IX)
$334,830
Management and general expenses
$49,193
Fundraising expenses
$19,686
Program service expenses (Part III)
$334,830

Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • YVONNE LYNCH

    PRESIDENT

    Total calculated
    $250,581
    From this org
    $0
    From related orgs
    $239,536
    Other
    $11,045
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $68,773 related
    Bonus
    $0 + $17,842 related
    Other
    $0 + $152,921 related
    Deferred
    $0 + $11,045 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $250,581 related

  • ELIZABETH BOLAND

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 39.5 related

  • MARGUERITE KONDRACKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 39.5 related

  • MARY LOU BURKE AFONSO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 39.5 related

  • STEPHEN KRAMER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 39.5 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. 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

None.

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

The filer's explanations (Part III)

SCHEDULE J - PART II, COLUMN (B)(III) - YVONNE LYNCH
BASE COMPENSATION FOR THE PRESIDENT OF THE FOUNDATION IS PROVIDED BY THE RELATED TAXABLE ENTITY, BRIGHT HORIZONS CAPITAL CORP. THE PRESIDENT POSITION IS A PART-TIME POSITION. THE AMOUNT IN COLUMN B(I) REPRESENTS COMPENSATION FOR HER ROLE AS PRESIDENT OF THE FOUNDATION. THE OTHER COMPENSATION REPORTED IN COLUMN B (III) REPRESENTS THE PRESIDENT OF THE FOUNDATION'S COMPENSATION (WAGE AND BONUS) FOR HER ROLE AS VICE PRESIDENT OF ENGAGEMENT WITH THE RELATED TAXABLE ENTITY.

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.

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 corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2024
IRS schema version
2023v5.1
Source object
202402279349300105

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