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Nonprofiteer
← RSM BOSTON FOUNDATION INC

Form 990 for tax year 2022

Filed by RSM BOSTON FOUNDATION INC.

Totals

Total revenue
$344,837
Total expenses
$332,769
Contributions and grants received
$344,837
Grants paid
$177,201
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$399,257
Total liabilities, end of year
$2,000
Net assets or fund balances, end of year
$397,257
Program services expenses (Part IX)
$230,130
Management and general expenses
$12,227
Fundraising expenses
$90,412
Program service expenses (Part III)
$230,130

Program services were 69.2% 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

    $344,837

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $177,201 · program services $177,201

  • 11c · Fees: accounting

    total $5,500 · management and general $5,500

  • 12 · Advertising and promotion

    total $7,552 · fundraising $7,552

  • 24a · Other expenses: VOLUNTEERING EVENTS EXP

    total $82,860 · fundraising $82,860

  • 24b · Other expenses: FUNDRAISING & EVENT EXP

    total $52,929 · program services $52,929

  • 24c · Other expenses: BANK SERVICE CHARGE

    total $6,727 · management and general $6,727

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $384,974 · end of year $365,828

  • 2 · Savings and temporary cash investments

    beginning of year $89

  • 4 · Accounts receivable

    beginning of year $14,126 · end of year $33,429

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,000 · end of year $2,000

  • 27 · Net assets without donor restrictions

    beginning of year $385,189 · end of year $397,257

Mission and programs · 2022

Mission

THE RSM BOSTON FOUNDATION ("FOUNDATION") INSPIRES EMPLOYEES OF RSM US LLP TO BECOME INVOLVED IN GIVING BACK TO COMMUNITIES AND CAUSES THAT THEY CARE ABOUT; AND, IN SO DOING, TO SUPPORT ONE ANOTHER AND TO BUILD A STRONGER TEAM. THE FOUNDATION IS WHOLLY INDEPENDENT OF RSM US LLP AND IS RUN ENTIRELY BY THE VOLUNTEER EFFORTS OF BOSTON OFFICE EMPLOYEES AND FORMER EMPLOYEES STILL DEVOTED TO THE MISSION WHO SERVE AS DIRECTORS, OFFICERS AND MEMBERS OF COMMITTEES THAT ADDRESS THE MISSION NEEDS OF THE ORGANIZATION.

  • RSM BOSTON FOUNDATION, INC. RAISES VOLUNTARY DONATIONS FROM RSM BOSTON EMPLOYEES THROUGH PAYROLL DEDUCTIONS. RSM BOSTON EMPLOYEES VOLUNTEER ON FUNDRAISING EVENTS TO RAISE ADDITIONAL FUNDS FOR THE ORGANIZATION. ALL THE DONATIONS RECEIVED BY THE ORGANIZATION ARE GIVEN TO VARIOUS PUBLIC CHARITIES THAT ARE RECOMMENDED BY RSM BOSTON EMPLOYEES AND REVIEWED BY THE GRANT COMMITTEE OF THE ORGANIZATION.

    Expenses $230,130 · Grants $177,201

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Madison McCabe

    PRES./EXEC. DIRECTOR (AS OF 9/01/22)

    Total calculated
    $0
    Hours/week
    15 + 40 related

  • Molly Griffiths

    CLERK/SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 40 related

  • Anthony Boucher

    TREASURER

    Total calculated
    $0
    Hours/week
    4 + 40 related

  • Brad Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Maggie Berkeley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4 + 40 related

  • Neil Blicher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Colleen Boyce

    DIRECTOR (AS OF 9/01/22)

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Gail Favreau

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Michael Foraste

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4 + 40 related

  • Rob Frattasio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • John Geraci

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Karin Gilmartin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Joe Goldberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Sarah Goscinak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4 + 40 related

  • Robert McDonald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Christopher MacKenzie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Alex Monahan

    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

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.

  • RSM US LLP

    PUBLIC ACCOUNTING · IL

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303189349318180

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