2026-02-05T08:26:40-05:00 2025-06-30 453606552 Luccitelli & Co CPAs PC 404 Main Street Wilmington MA 01887 990 2024-07-01 571224669 Gloucester Education Foundation Inc % Ted Costa GLOU 9782825550 PO Box 1104 Gloucester MA 01931 TED COSTA President 9782825550 2025-12-04 true true VINCENT D LUCCITELLI P00040086 9786586011 2026-02-05 2024 2025-03-06 01:10:19Z 1335671 false X thinkthebest.org X 2005 MA Provide financial support for new and innovative programs for the public schools of Gloucester, Massachusetts 12 12 2 250 0 0 620539 811384 0 40933 82630 993 661472 895007 378590 456618 0 138290 153566 0 72828 118435 96537 635315 706721 26157 188286 2785611 3092063 2112 848 2783499 3091215 Provide financial support for new and innovative programs for the public schools of Gloucester, Massachusetts false false 558511 Direct financial support of public school programs of Gloucester, Massachusetts 558511 true true false false false false false false false true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 7 0 true 2 true false false false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true false false MA X X Brian Weed 9782825550 PO Box 1104 Gloucester MA 01931 X Emily Siegel Executive Director 40.00 0.00 X 102401 0 0 Margaret Rosa Director 1.50 0.00 X 0 0 0 Karen Kenny Director 1.00 0.00 X 0 0 0 Leslie Friday Director 1.00 0.00 X 0 0 0 Marianne Smith Director 1.00 0.00 X 0 0 0 Maiuza Alves Director 1.00 0.00 X 0 0 0 Christopher Boucher Director 1.00 0.00 X 0 0 0 Ingrid Conti Director 1.00 0.00 X 0 0 0 Dawn Sarrouf Director 1.00 0.00 X 0 0 0 Zachary Smith Director 1.00 0.00 X 0 0 0 Brian Weed Treasurer 1.25 0.00 X X 0 0 0 Ted Costa President 2.00 0.00 X X 0 0 0 Matt Beach Secretary 1.00 0.00 X X 0 0 0 102401 0 0 1 false false false 811384 811384 50993 50993 472301 440664 31637 31637 31637 0 Miscellaneous 900099 993 993 993 895007 32630 0 50993 456618 456618 110975 55487 27744 27744 31261 6252 3126 21883 11330 4918 2459 3953 6238 6238 13220 13220 250 250 1073 1073 1215 608 607 14005 7003 3501 3501 1722 1722 1563 1563 Special Events 37227 28233 8994 Telephone 2738 1369 1369 Postage 2422 606 1816 Outside services 5790 4921 869 9074 6982 2092 706721 558511 75382 72828 508017 704477 188211 194623 1260 1260 2088123 2191703 2785611 3092063 2112 848 2112 848 X 2291068 2370160 492431 721055 2783499 3091215 2785611 3092063 188286 119430 0 X true X false true false X 603044 584171 34876 620539 811384 2654014 603044 584171 34876 620539 811384 2654014 373798 2280216 35893 44476 10054 49927 50993 191343 2845357 0.80140 0.64310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2088123 20248 202060 105508 13220 2191703 1881646 13381 203114 10018 2088123 1842324 41630 2308 1881646 1704466 248311 -101304 9149 1842324 1844123 148151 35893 313512 10189 1704466 false false Part V, Line 4-Intended uses of endowment funds Provide long-term financial support for new and innovative programs for the public schools of Gloucester, Massachusetts true Gloucester Public Schools 2 Blackburn Drive Gloucester MA 01930 046001390 501c3 456618 Financial Support Monitoring procedures (Part I, line 2) The Foundation provides financial support for the public schools of Gloucester, Massachusetts. The school district notifies the Foundation as to where funds are needed and, on an ongoing basis, the Board of Directors of the Foundation review the needs of the school district. Governing body decisions Part VI line 7b The Executive Committee, comprised of the President, the Vice President and the Treasurer, is empowered to act when time does not allow for a full board meeting and such other times and for such other purposes as may be approved by the Board of Directors. Actions taken by the Executive Committee require unanimity among its members. The Executive Committee is empowered to commit no more than $5,000 for any one purpose. Form 990 governing body review Part VI line 11 The Form 990 is provided electronically to each board member for their review and written approval to file the Form 990. Conflict of interest policy compliance Part VI line 12c The Foundation requires members of the Board to annually sign the conflict of interest policy. CEO executive director top management comp Part VI line 15a Compensation is reviewed on an annual basis. The review process starts with the President seeking input from the Board of Directors and including that information, if any, into a draft document that is reviewed by the Executive Committee. The Board is informed in executive session about the final review. Governing documents etc available to public Part VI line 19 The Foundations principal governing documents, including the Articles of Incorporation and By-Laws, are filed with the Massachusetts Secretary of State and therefore, are available to the public. The Foundations financial statements are available to the public on the Massachusetts Attorney General website. Other documents are available upon request.