2024-08-14T06:41:34-05:00 2023-12-31 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2023-01-01 621782263 BRIGHT HORIZONS FOUNDATION FOR CHILDREN BRIG 6176586097 2 WELLS AVE NEWTON MA 02459 YVONNE LYNCH PRESIDENT 6176586097 2024-08-14 1 0 EDWARD TAYLOR P00299025 7818626833 2024-08-12 X 2023 2024-08-08 14:25:15Z YVONNE LYNCH 2 WELLS AVE NEWTON MA 02459 447005 0 X WWW.BRIGHTHORIZONSFOUNDATION.ORG X 1999 TN BRIGHT HORIZONS EMPLOYEES ARE UNIQUELY MISSION DRIVEN, BRINGING THE SAME COMMITMENT TO THEIR COMMUNITIES AS THEY DO THEIR WORK. THE BRIGHT HORIZONS FOUNDATION FOR CHILDREN, A NONPROFIT ORGANIZATION, GIVES THEM THE RESOURCES TO FULLY ENGAGE THOSE PASSIONS, TO BECOME A BEACON OF GOOD, AND TO HAVE REAL IMPACT ON CHILDREN, FAMILIES, AND THE COMMUNITIES WHERE THEY LIVE AND WORK. 5 0 0 1600 0 0 469545 348669 0 0 8523 44282 7136 911 485204 393862 282357 294091 0 0 0 0 0 0 19686 79328 109618 361685 403709 123519 -9847 1548352 1538908 7137 7540 1541215 1531368 X THE BRIGHT HORIZONS FOUNDATION FOR CHILDREN IS FOCUSED ON BRIGHTENING THE LIVES OF CHILDREN, YOUTH, AND FAMILIES IN CRISIS. WE SUPPORT A RANGE OF PROGRAMS THAT SERVE CHILDREN, FAMILIES, AND NONPROFIT AGENCIES THROUGH VOLUNTEERS, GRANTS, AND RESOURCES. OUR SIGNATURE PROGRAM, BRIGHT SPACES, CREATES AND SUPPORTS PLAY AREAS THAT BRIGHTEN THE LIVES OF HOMELESS CHILDREN AND FAMILIES IN CRISIS, AND SERVES MORE THAN 130,000 HOMELESS CHILDREN EACH YEAR. 0 0 282934 242195 SINCE 1999, WE HAVE OPENED MORE THAN 300 BRIGHT SPACES THAT TODAY SERVE MORE THAN 130,000 CHILDREN ANNUALLY. THESE BRIGHT SPACES PROVIDE UNIQUE HUBS OF ACTIVITY FOR CHILDREN TO PLAY, GATHER WITH FAMILIES, AND RECEIVE THE SERVICES THEY NEED IN HOMELESS SHELTERS AND OTHER COMMUNITY AGENCIES. THE FOUNDATION ALSO FOSTERS EMPLOYEE VOLUNTEERISM THROUGH BRIGHTENING LIVES ACTIVITY GRANTS AND GLEASON VOLUNTEER GRANTS. ANNUALLY, THOUSANDS OF VOLUNTEERS PERFORM VALUABLE COMMUNITY SERVICE IN BRIGHT SPACES AND OTHER NONPROFIT AGENCIES ACROSS THE US. 51896 51896 THE BRIGHT HORIZONS EMPLOYEE RELIEF FUND OFFERS FINANCIAL ASSISTANCE TO EMPLOYEES RECOVERING FROM CALAMITOUS EVENTS BEYOND THEIR CONTROL SUCH AS NATUAL DISASTERS, EXTENDED ILLNESS/INJURY, A LOVED ONE'S DEATH, AND DOMESTIC VIOLENCE. MONEY GOES TO HELP THESE EMPLOYEES MANAGE ESSENTIAL LIVING EXPENSES -- SUCH AS HOUSING, UTILITIES, FOOD, CLOTHING, AND OTHER BASIC NECESSITIES AS THEY STRIVE TO GET BACK ON THEIR FEET. 334830 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK CA CO CT FL GA IL KS KY ME MD MA MN MS NH NJ NM NY NC OH OR PA RI SC TN UT VA WV WI WA X JENNY MALONE 6176586097 2 WELLS AVE NEWTON MA 02459 YVONNE LYNCH PRESIDENT 20.00 20.00 X X 0 239536 11045 ELIZABETH BOLAND TREASURER 0.50 39.50 X X 0 0 0 MARGUERITE KONDRACKE BOARD MEMBER 0.50 39.50 X 0 0 0 MARY LOU BURKE AFONSO BOARD MEMBER 0.50 39.50 X 0 0 0 STEPHEN KRAMER BOARD MEMBER 0.50 39.50 X 0 0 0 0 239536 11045 0 0 1 0 0 139031 209638 348669 44282 44282 54054 139031 53143 911 911 393862 0 0 45193 242195 242195 51896 51896 17500 10344 7156 26460 15641 10819 12687 1268 4398 7021 4108 4108 MISCELLANEOUS 48863 13486 22712 12665 403709 334830 49193 19686 135394 107662 1403995 1420007 5953 8229 3010 3010 0 0 1548352 1538908 7137 7540 7137 7540 X 835666 985805 705549 545563 1541215 1531368 1548352 1538908 -9847 0 X X 0 1 X 1 0 X 1048098 388337 361975 469545 348669 2616624 1048098 388337 361975 469545 348669 2616624 436568 2180056 15753 7762 159 8523 44282 76479 2693103 296286 0.80950 0.84550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 759312 312307 53143 365450 393862 0 393862 769159 312307 53143 365450 403709 0 403709 PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THE FOUNDATION IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS GUIDANCE PRESCRIBES A MINIMUM PROBABILITY THRESHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION THAT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022. ADDITIONALLY, THE FOUNDATION HAS NOT RECOGNIZED ANY TAX RELATED INTEREST AND PENALTIES IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 53,143. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 53,143. GOLF TOURNAMENT 193085 139031 54054 17267 19204 10000 6672 193085 139031 54054 17267 19204 10000 6672 53143 911 1 HORIZONS FOR HOMELESS 1785 COLUMBUS AVE ROXBURY MA 02119 222915188 501(C)(3) 50000 0 TO SUPPORT ACTIVITIES FOR CHILDREN CATHOLIC CHARITIES OF THE RIO GRANDE VALLEY 700 N VIRGEN DE SAN JUAN BLVD SAN JUAN TX 78589 680599307 501(C)(3) 8609 0 TO SUPPORT CHILDREN AND FAMILITES IN TRANSITIONAL SHELTER UMASS MEMORIAL HEALTH 365 PLANTATION ST WORCESTER MA 01605 043358566 501(C)(3) 8000 0 TO SUPPORT CHILDREN AND FAMILITES IN TRANSITIONAL SHELTER HESED HOUSE 659 SOUTH RIVER ST AURORA IL 60506 363285644 501(C)(3) 0 11365 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE GINI'S HOUSE LIBERATION PROGRAM 129 GLOVER AVE NORWALK CT 06850 060867006 501(C)(3) 0 6845 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE THE CITY CENTER TRANSITIONAL LIVING 837 E THOMPSON BLVD VENTURA CA 93001 465674375 501(C)(3) 0 16962 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE CATHOLIC CHARITIES OF THE RIO GRANDE VALLEY 700 N VIRGEN DE SAN JUAN BLVD SAN JUAN TX 78589 680599307 501(C)(3) 0 8609 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE MARYVILLE ACADEMY 1658 W GRAND AVE CHICAGO IL 60622 362170873 501(C)(3) 0 11439 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE UMASS MEMORIAL HEALTH 365 PLANTATION ST WORCESTER MA 01605 043558566 501(C)(3) 0 7000 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE FAMILYWISE SERVICES 3036 UNIVERSITY AVE SE MINNEAPOLIS MN 55106 411343909 501(C)(3) 0 34976 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE GLADDIN COMMUNITY HOUSE 183 HAWKES AVE COLUMBUS OH 43223 314379476 501(C)(3) 0 17903 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE PROMISES2KIDS 9400 RUFFIN CT SAN DIEGO CA 92123 953655288 501(C)(3) 0 18906 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE ELIOT HUMAN SERVICES 43 DARTMOUTH ST MALDEN MA 02148 042316924 501(C)(3) 0 17742 FMV EQUIP. TO CREATE BRIGHT SPACE TO CREATE A BRIGHT SPACE FINANCIAL ASSISTANCE 61 51896 0 PART I, LINE 2: FOR CASH GRANTS: ALL CASH GRANTS OF LESS THAN $1,000 ARE FOR GENERAL USE BY THE RECIPIENT ORGANIZATION AND THEREFORE DO NOT REQUIRE MONITORING. CASH GRANTS IN EXCESS OF $1,000 ARE RESTRICTED FOR CERTAIN PURPOSES AND VOLUNTEER AND/OR STAFF PROVIDE SUBSEQENT MONITORING. FOR NONCASH GRANTS: THE FOUNDATION MAKES ALL PURCHASES FOR THE BRIGHT SPACE PROJECTS. THESE EXPENSES ARE CAREFULLY MONITORED BY FOUNDATION PROGRAM/ACCOUNTING STAFF. ONCE THE BRIGHT SPACE IS COMPLETE, VOLUNTEERS AND STAFF PROVIDE REGULAR FOLLOW UPS AND CONTACT WITH THE AGENCIES. TO SUSTAIN BRIGHT SPACES, THE FOUNDATION MAINTAINS RELATIONSHIPS WITH OUR SHELTER PARTNERS. WE ALSO TRAIN AND SUPPORT VOLUNTEERS FOR BRIGHT SPACES. THROUGH THESE VOLUNTEERS, WE CONTINUALLY REFURBISH BRIGHT SPACES WITH SUPPLIES AND EQUIPMENT. 0 0 0 0 0 0 0 0 0 YVONNE LYNCH PRESIDENT 0 68773 0 17842 0 152921 0 11045 0 0 0 250581 0 0 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. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND TREASURER OF THE FOUNDATION WILL REVIEW THE 990 AND COPIES WILL BE PROVIDED TO BOARD MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS MONITORED AND ENFORCED BY AN INFORMAL POLL DURING BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL FOUNDATION EMPLOYEES IS DETERMINED BY THE PRESIDENT IN CONJUNCTION WITH, AND COUNSEL OF, THE BOARD OF DIRECTORS. A COMPREHENSIVE REVIEW OF COMPARABLE NONPROFIT POSITION SALARIES IS CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. BRIGHT HORIZONS CAPITAL CORP 2 WELLS AVE NEWTON MA 02459 800188248 CORP CHILD CARE DE N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0