2024-12-13T12:58:46-06:00 2024-01-31 135565207 KPMG LLP 60 SOUTH STREET TWO FINANCIAL CENTER BOSTON MA 02111 990 2023-02-01 463476388 STAPLES SHARE FUND INC STAP 5082535000 500 STAPLES DRIVE FRAMINGHAM MA 01702 LISA PRIOR STOKES TREASURER 5082535000 2024-12-12 1 0 KRISTIN ANDERSON P01231300 6179881000 2023 2024-10-15 13:58:12Z DENNIS GASPIE 500 STAPLES DRIVE FRAMINGHAM MA 01702 305055 0 X WWW.STAPLESSHAREFUND.ORG X 2013 MA STAPLES SHARE FUND, INC. OFFERS RELIEF FOR ASSOCIATES IN SEVERE NEED OF FINANCIAL ASSISTANCE DUE TO SIGNIFICANT QUALIFYING EVENTS. 10 10 0 26 0 0 245925 247871 0 0 7074 25172 57170 13915 310169 286958 342281 229823 0 0 0 0 0 0 4793 20297 22403 362578 252226 -52409 34732 539899 575406 15225 16000 524674 559406 X STAPLES SHARE FUND FOUNDED AND FUNDED BY ASSOCIATE CONTRIBUTIONS, IS A 501(C)(3) NON-PROFIT ORGANIZATION THAT OFFERS RELIEF FOR ASSOCIATES IN NEED OF FINANCIAL ASSISTANCE DUE TO QUALIFYING EVENTS SUCH AS NATURAL DISASTERS, CATASTROPHIC EVENTS OR OTHER CIRCUMSTANCES BEYOND THEIR CONTROL. 0 0 229823 229823 STAPLES SHARE FUND MADE GRANTS TO PROVIDE ASSISTANCE WITH FUNERAL EXPENSES, ILLNESSES/ACCIDENTS, NATURAL DISASTERS, AND OTHER SEVERE PERSONAL INCIDENTS. 229823 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 10 10 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X JASON ELLIS 5082535000 500 STAPLES DRIVE FRAMINGHAM MA 01702 X DENNIS GASPIE CO-PRESIDENT 0.50 40.00 X X 0 0 0 LARRY NEWELL CO-PRESIDENT 0.50 40.00 X X 0 0 0 LISA PRIOR STOKES TREASURER 1.00 40.00 X X 0 0 0 JASON ELLIS CLERK 1.00 40.00 X X 0 0 0 BRIAN ASSAD DIRECTOR 0.50 40.00 X 0 0 0 ARI BARON THRU 962023 DIRECTOR 0.50 40.00 X 0 0 0 JAMIESON CAMPBELL DIRECTOR 0.50 40.00 X 0 0 0 STAN CHAVARRIA THRU 1222023 DIRECTOR 0.50 40.00 X 0 0 0 TPOLLIFER BANKS DIRECTOR 0.50 40.00 X 0 0 0 ELIZABETH MCGOWAN DIRECTOR 0.50 40.00 X 0 0 0 ROBYN RYAN DIRECTOR 0.50 40.00 X 0 0 0 NANCY VAN SIPHOUT DIRECTOR 0.50 40.00 X 0 0 0 0 0 0 0 0 0 0 0 29376 218495 247871 25172 25172 31593 29376 17787 13806 13806 419 310 109 109 286958 0 0 39087 229823 229823 16000 16000 4793 4793 OTHER EXPENSES 1610 1610 252226 229823 17610 4793 78755 89319 457074 482247 4070 3840 539899 575406 15225 16000 15225 16000 X 524674 559406 524674 559406 539899 575406 34732 0 X 1 X 0 1 0 X 687591 438873 273940 245925 247871 1894200 687591 438873 273940 245925 247871 1894200 1894200 20831 2320 7074 25172 55397 14346 15369 30658 57170 13915 131458 2081055 0.91020 0.85620 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GAMING - 2019 AMOUNT: $ 9,328. 2020 AMOUNT: $ 13,848. 2021 AMOUNT: $ 19,589. 2022 AMOUNT: $ 8,927. 2023 AMOUNT: $ 109. FUNDRAISING INCOME - 2020 AMOUNT: $ 1,521. 2021 AMOUNT: $ 11,069. 2022 AMOUNT: $ 48,243. 2023 AMOUNT: $ 13,806. AUCTION - 2019 AMOUNT: $ 5,018. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 406721 101666 18097 119763 286958 0 286958 371989 101666 18097 119763 252226 0 252226 PART X, LINE 2: SCHEDULE D, PART X TAX STATUS THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS FASB ASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE ORGANIZATION WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. THERE WERE NO SUCH AMOUNTS RECORDED FOR THE FISCAL YEAR ENDED JANUARY 28, 2023. THE ORGANIZATION WILL ACCOUNT FOR ANY INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THREE YEARS FROM THE FILING DATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 310. FUNDRAISING EVENT EXPENSES 17,787. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 17,787. GAMING EXPENSES 310. 16 60969 29376 31593 17787 60969 29376 31593 17787 17787 13806 CA DE FL GA IL MA MD NH NJ NY PA RI TN TX 0 NO LICENSE REQUIRED 0 1 0 1.00000 JASON ELLIS 500 STAPLES DRIVE FRAMINGHAM MA 01702 0 JASON ELLIS RECORDKEEPING X 0 1 ASSISTANCE WITH DEATH / FUNERAL EXPENSES 46 113032 ASSISTANCE WITH ILLNESS OR INJURY 39 64032 ASSISTANCE WITH NATURAL DISASTER 15 25579 ASSISTANCE WITH HOUSING INSTABILITY 8 12630 ASSISTANCE WITH UNEMPLOYMENT 6 10833 ASSISTANCE WITH MILITARY 1 1680 ASSISTANCE WITH DOMESTIC ABUSE 1 1350 ASSISTANCE WITH COVID-19 JOB IMPACT 1 687 PART I, LINE 2: ALL ASSOCIATES ARE REQUIRED TO APPLY FOR A GRANT AND PROVIDE DETAILED REASON FOR NEED, HOW THEY WILL USE THE GRANT, AND WHAT OTHER ASSISTANCE THEY HAVE RECEIVED. ASSOCIATES ARE REQUIRED TO PROVIDE SUPPORTING DOCUMENTATION. THE APPLICATIONS ARE RECORDED AND STORED. THE SHARE FUND STAFF, COMPRISED OF 2 ADMINISTRATORS AND 1 PROGRAM MANAGER, REVIEW THESE APPLICATIONS WEEKLY. THE SHARE FUND ADMINISTRATORS MAKE INITIAL APPLICATION DECISIONS WHICH ARE REVIEWED BY THE PROGRAM MANAGER TO ENSURE FUND GOVERNANCE DURING DECISION MAKING. THE SHARE FUND STAFF ENSURES IT FOLLOWS ALL FEDERAL GUIDELINES. IT DENIES GRANTS TO ASSOCIATES FOR THE FOLLOWING REASONS: 1. IF GRANT WOULD REPLACE OR SUPPLEMENT STAPLES' COMPENSATION OR BENEFITS TO ITS ASSOCIATES, INCLUDING COVERING ANY DEDUCTIBLES FROM STAPLES' PLANS OR LOST WAGES DUE TO REDUCTION IN HOURS. 2. IF THERE IS NO QUALIFYING EVENT, SUCH AS NATURAL DISASTER, CATASTROPHIC PERSONAL INCIDENT, SERIOUS ILLNESS OR ACCIDENT, FUNERAL EXPENSE OR MILITARY DEPLOYMENT, THAT HAS OCCURRED TO THE APPLICANT OR AN IMMEDIATE FAMILY MEMBER. 3. IF APPLICANT HAS APPLIED 4 OR MORE TIMES WITHIN THE FISCAL YEAR OR RECEIVED $4,000 IN GRANTS, WHICHEVER COMES FIRST. 4. IF APPLICANT HAS ALREADY RECEIVED $2,500 IN GRANTS FOR SAME QUALIFYING EVENT. 5. IF APPLICANT IS UNABLE TO PROVIDE SUFFICIENT SUPPORTING DOCUMENTATION. ONCE DECISION IS MADE, THE APPLICANT IS MADE AWARE OF THE STATUS OF THEIR APPLICATION. THE SHARE FUND STAFF USE STAPLES SHARE FUND GUIDELINES AND A STAPLES SHARE FUND GRANT AWARD LIST OF FREQUENT OR COMMONLY REQUESTED CATEGORIES SO THAT AWARD AMOUNT DECISIONS REMAIN CONSISTENT. IF DENIED, THE APPLICANT IS PROVIDED WITH THE ABOVE REASON AS TO WHY, IF APPROVED THE APPLICANT IS MADE AWARE THAT THIS GRANT IS IN NO WAY A BENEFIT AND SHOULD NOT BE USED TO REPLACE OR SUPPLEMENT STAPLES' COMPENSATION OR BENEFITS TO ITS ASSOCIATES, INCLUDING COVERING ANY DEDUCTIBLES FROM STAPLES' PLANS OR LOST WAGES DUE TO A REDUCTION IN HOURS. ALL APPLICANTS RECEIVE EMPLOYEE ASSISTANCE PROGRAM DETAILS WITH THEIR DENIAL OR APPROVAL LETTER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER AND CLERK, AND A COMPLETE COPY OF THE FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION HAS AN ONBOARDING PROCESS FOR DIRECTORS OF THE BOARD WHICH INCLUDES A REVIEW OF CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION C, LINE 19 STAPLES SHARE FUND, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND OTHER RELEVANT INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. THE SHARE FUND WEBSITE CONTAINS THE ORGANIZATION'S CONTACT INFORMATION, INCLUDING ITS MAILING ADDRESS AND EMAIL ADDRESS. USR PARENT INC 500 STAPLES DRIVE FRAMINGHAM MA 01702 821997669 RETAIL SALES DE C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0