2025-11-25T13:20:01-06:00 2025-03-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2024-04-01 046092557 Society for Promoting Theological Education SOCI 6032336102 PO Box 4 Dublin NH 03444 Rev Kenneth A Clarke Esq Treasurer 6032336102 2025-11-19 1 0 Connor Smart P02285543 2078792100 2025-11-19 2024 2025-03-06 01:10:19Z Rev Kenneth A Clarke E PO Box 4 Dublin NH 03444 279448 0 X N/A X 1831 MA To support the operations and functions of the Harvard Divinity School. 9 8 0 8 -117 0 0 0 0 0 118902 37324 -1401 -110 117501 37214 146000 145000 0 0 0 0 0 0 0 48569 53758 194569 198758 -77068 -161544 4886346 5076906 0 0 4886346 5076906 The Organization exists to assist youths of moral character in preparing themselves for faith-based ministry and to promote theological education. The Society fulfills its mission through supporting the President and Fellows of Harvard College. 0 0 160399 145000 0 In furtherance of its core mission, the Society generates funding which it donates in furtherance of the goals and purpose of the President and Fellows of Harvard College, the Society's supported organization. The Society's funds aims to fully support the functions and operations of the Harvard Divinity School. 160399 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X Rev Kenneth A Clarke Esq 6032336102 PO Box 4 Dublin NH 03444 X Rev Laura Tuach Director 1.00 40.00 X 0 125436 0 Samuel Perry Director 1.00 0.00 X 0 0 0 Harold Babcock Director 1.00 0.00 X 0 0 0 Rev Judy Brain Director 1.00 0.00 X 0 0 0 Rev Catie Scudera Director 1.00 0.00 X 0 0 0 Rev John E Gibbons Director 1.00 0.00 X 0 0 0 Rev Mark J T Caggiano President 1.00 0.00 X X 0 0 0 Rev Kenneth A Clarke Esq Treasurer 1.00 0.00 X X 0 0 0 Rev Dudley Rose Secretary 1.00 0.00 X X 0 0 0 0 125436 0 0 0 0 0 0 97574 97574 181984 242234 -60250 -60250 -60250 Passthrough investment 523000 -110 -117 7 -110 37214 0 -117 37331 X 145000 145000 1149 1149 4390 2195 2195 48219 12055 36164 198758 160399 38359 0 99946 14983 4733876 5000471 52524 61452 4886346 5076906 0 0 X 4886346 5076906 0 0 0 0 4886346 5076906 4886346 5076906 -161544 352104 0 X 0 0 0 X X 1 President and Fellows of Harvard College 042103580 2 0 145000 15399 1 145000 15399 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 99641 97464 99641 97464 0 0 33771 38359 0 0 65870 59105 4313650 5088428 183804 105322 0 0 4497454 5193750 0 0 0 4497454 5193750 67462 77906 4429992 5115844 155050 179055 0 0 155050 179055 65870 55990 155050 155050 0 155050 145000 0 15399 0 0 0 160399 145000 155050 93.520000000000 155050 0 0 0 0 0 40046 40046 0 40046 0 0 160399 0 115004 45395 0 0 45395 0 0 0 0 45395 Schedule A, Part IV, Section A, Line 1: Under Treasury Regulation 1.509(a)-4(d)(2)(iv), a supporting organization will meet the specification requirement of Treasury Regulation 1.509(a)-4(d)(1) if (1) there has been an historic and continuing relationship between the supporting organization and the supported organization, and (2) by reason of such relationship, there has developed a substantial identity of interests between the two organizations. For reasons explained below, there has been an historic and continuing relationship between the Society for Promoting Theological Education (the Organization")and the President and Fellows of Harvard College ("Harvard"),and by reason of such relationship, there has developed a substantial identity of interests between the two organizations. Over the past nearly 200 years, since the early 1800s, the Organization and Harvard have worked closely together. The Organization was instrumental in the funding and establishment of the Harvard Divinity School ("HDS"), a constituent school of Harvard. Among other connections, the Organization has made grants to HDS since the 1850s, has helped to raise the funds for the construction of the HDS library, and the members of the Board of Directors of the Organization are largely graduates of Harvard University or HDS. Furthermore, the Organization's annual meetings have in recent years been held at HDS, the Organization's archives are stored in the HDS library, and, as reflected in the Organization's bylaws, each person who is designated to be a Williams Scholar of HDS automatically becomes a member of the Organization, upon receipt of a degree from HDS. It follows that, clearly, there has been a longstanding historic and continuing relationship between the Organization and Harvard. According to its website, the mission of HDS includes the following: "To help in building a world in which people can live and work together across religious and cultural dividends, we strive to be a primary resource in religious and theological studies for the academy, for religious communities, and in the public sphere." The Organization, according to the act by the Massachusetts Legislature that formed it, was created "for the purpose of assisting young men of competent talents, pure morals, and piety, in preparing themselves for the Christian ministry, and to promote theological education." Clearly, over the past nearly 200 years, the Organization and Harvard, and in particular, HDS, have worked towards a common purpose of promoting theological education. This shared identity can be traced back to the early 1800s, and the Organization continues to carry-out its charitable purpose by making grants to HDS. Therefore, by reason of the historic and continuing relationship between the Organization and Harvard, there has developed a substantial identity of interests between the two organizations. Schedule A, Part I, Line 1(g)(vi), Other Support: The Organization makes direct cash grants to its supported organization, the President and Fellows of Harvard College, typically for the purposes of the Harvard Divinity School. The Organization also incurs routine and reasonable costs related to accounting, legal, and fund management and fiduciary services. But for these services and their associated costs, the Organization would not be able to function or remain compliant with applicable reporting standards. As the Organization exists to provide support to Harvard College (especially the Divinity School), and because these expenses are considered necessary to the Organization's continued operations and existence, a portion of these costs have been allocated to Program Service Expenses on Form 990, Part IX, and are also considered Other Support on Schedule A, Part I. Schedule A, Part IV, Section D, Line 2: The officers and directors of the Organization maintain a close and continuous working relationship with the officers and directors of HDS. Furthermore, as outlined in Treasury Regulation 1.509(a)-4(i)(3)(v), because the Organization has been supporting and benefitting Harvard, and more specifically, HDS, since well before November 20, 1970, additional facts and circumstances, such as an historic and continuing relationship between the two organizations, may be taken into account in establishing the responsiveness test of Treasury Regulation 1.509(a)-4(i)(3). Please also refer to Section A, All Supporting Organizations, Line 1, above. Schedule A, Part V, Section D, Line 8: In its tax year ending March 31, 2025, the Society for Promoting Theological Education (the Organization) paid direct grants of $145,000 to the President and Fellows of Harvard College (Harvard) to support religious and theological education, and to especially fund the Harvard Divinity School. The Organization did not have any contribution-revenue over the past three years, based on the Organization's available tax returns. Therefore, the Organization's 2024 grants to Harvard naturally exceed 10% of the Organization's three year average contribution-revenues and thus satisfies the attentiveness test as described in Regulations Section 1.509(a)-4(i)(5)(iii)(B)(1). The Organization's operations and relationship with Harvard also pass the attentiveness test for the following reasons: (1) The Organization's original founding documents date back as far as the first half of the 1800s. While Harvard may not be explicitly named in the Organization's earliest governing documents, the Organization was instrumental in the funding and establishment of the Harvard Divinity School ("HDS"), a constituent school of Harvard. Additionally, a member of the Harvard Divinity School (HDS) senior administration faculty is on the Board of Directors of the Organization. Furthermore, the Organization makes grants to HDS, and HDS, in turn, determines the selection of the grant recipients. (2) The Organization and Harvard have a consistent and historic relationship dating back over 200 years, over the course of which the Society has regularly provided support to Harvard College for religious education and theological studies. As the Organization has operated exclusively to provide support to Harvard for over 200 years, the Organization's supportive activities pre-date the Service's modern interpretation of the attentiveness test, as established in 1970 and described in the Instructions for Schedule A. For many decades, the Organization has worked in coordination Harvard, and has been a reliable, continuous, historic, and valuable source of funding. Without the Organization's assistance, many of Harvard Divinity School's key program-services would be at risk of funding shortfalls. As addressed in the supplementary disclosure for the Organization's Form 990, Schedule A, Part IV, Section D, Lines 2-3, the Organization's operations and relationship with Harvard also satisfy the Responsiveness Test. Therefore, the Organization satisfies both the Responsiveness and the Attentiveness Tests. Accordingly, 100% of the Organization annual grants paid to Harvard have been shown on the Organization's Schedule A, Part V, Section D, Line 8, distributions to attentive supported organizations to which the organization is responsive. Schedule A, Part IV, Section D, Line 3: The member of the HDS senior administration faculty is on the Board of Directors of the Organization. Furthermore, the Organization makes grants to HDS, and HDS, in turn, determines the selection of the grant recipients. Please also refer to Section A, All Supporting Organizations, Line 1, above, and Section D, All Type III Supporting Organizations, Line 2, above. 1 President and Fellows of Harvard College 1033 Massachusetts Avenue Suite 3 Cambridge MA 02138 042103580 501(c)(3) 145000 0 Funding for the Harvard Divinity School to promote religious and theological education 1 0 Part I, Line 2: The Society exists primarily to raise funds in support of the President and Fellows of Harvard College, the Organization's supported organization. Over the past nearly 200 years, since the early 1800s, the Organization and Harvard have worked closely together. The Organization was instrumental in the funding and establishment of the Harvard Divinity School ("HDS"), a constituent school of Harvard. The Organization's annual meetings have in recent years been held at HDS, the Organization's archives are stored in the HDS library, and, as reflected in the Organization's bylaws, each person who is designated to be a Williams Scholar of HDS automatically becomes a member of the Organization, upon receipt of a degree from HDS. Additionally, a member of the HDS senior administration faculty is on the Board of Directors of the Organization. Furthermore, the Organization makes grants to HDS, and HDS, in turn, determines the selection of the grant recipients. Over the past nearly 200 years, the Organization and Harvard, and in particular, HDS, have worked towards a common purpose of promoting theological education. This shared identity can be traced back to the early 1800s, and the Organization continues to carry-out its charitable purpose by making grants to HDS. Form 990, Part VI, Section B, line 11b The Organization engages an independent public accounting firm to prepare and review its annual Form 990. The tax return is then submitted to the Board and its legal and fiduciary advisors for their own review and consideration prior to filing. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, policies, and statements available to the public as required by the applicable laws and regulations under which the Organization operates. Form 990, Part VII, Compensation from Related Organizations: The Society for Promoting Theological Education (the "Society") is related to and a supporting organization of the President and Fellows of Harvard College ("Harvard"), itself a 501(c)(3) public charity. So that it may have a significant voice in the Society's activities and to better assist the Society's mission to support the Harvard Divinity School, the Society's board of directors is comprised of one or more individuals that may be or have been employed by Harvard. Per IRS Form 990 instructions, the Society is to report compensation and benefit information paid by related organizations to its officers, directors, trustees, and/or key employees who also serve on the Society's board during the year. During the applicable tax period covered by this Form 990, Rev. Laura Tauch served as a director on the Society's board and was employed by Harvard. Accordingly, Ms. Tauch's compensation, as reported on her 2024 Form W-2, has been presented on this Form 990, Part VII. Form 990, Part IX, line 11g Fiduciary fees: Program service expenses 12,055. Management and general expenses 36,164. Fundraising expenses 0. Total expenses 48,219. President and Fellows of Harvard College 1033 Massachusetts Avenue Suite 3 Cambridge MA 02138 042103580 University education MA 501(c)(3) Line 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0