Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
WASHINGTON TRUST CO CHARITABLE FDN 1015103664
 

Number and street (or P.O. box number if mail is not delivered to street address)23 BROAD STREET   Room/suite
City or town, state, and ZIP code
WESTERLY, RI02891
A Employer identification number

05-0477294
B Telephone number (see instructions)

(401) 348-1234
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,759,713J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 400,000
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 56,536 56,536  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 183,802
b Gross sales price for all assets on line 6a 1,409,109
7 Capital gain net income (from Part IV, line 2)... 183,802
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 640,338 240,338  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 7,032 752   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 134 134    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,166 886 0 0
25 Contributions, gifts, grants paid........ 340,233 340,233
26 Total expenses and disbursements. Add lines 24 and 25 347,399 886 0 340,233
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 292,939
b Net investment income (if negative, enter -0-) 239,452
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 533,347 751,403 751,403
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 1,499,521 Click to see attachment1,290,048 1,451,121
c Investments—corporate bonds (attach schedule)........ 399,973 Click to see attachment520,281 557,189
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,432,841 2,561,732 2,759,713
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 2,432,841 2,561,732
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,432,841 2,561,732
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,432,841 2,561,732
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 2,432,841
2 Enter amount from Part I, line 27a..................... 2 292,939
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 1,542
4 Add lines 1, 2, and 3.......................... 4 2,727,322
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 165,590
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,561,732
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 380. ABB LTD ADR     2012-05-23
b 605. ABB LTD ADR   2011-12-05 2012-07-23
c 500. ABB LTD ADR   2010-10-11 2012-07-23
d 300. AKAMAI TECHNOLOGIES INC   2011-04-29 2012-08-16
e 155. ANSYS INC   2011-12-05 2012-05-23
90. ANSYS INC   2010-10-11 2012-10-31
50. ANSYS INC   2011-04-29 2012-10-31
24. APPLE COMPUTER   2011-01-03 2012-02-24
190. ATHENAHEALTH INC   2011-01-03 2012-02-24
100. ATHENAHEALTH INC   2011-01-03 2012-04-05
70. ATHENAHEALTH INC   2011-01-03 2012-05-23
35. ATHENAHEALTH INC   2011-01-03 2012-10-24
68. ATHENAHEALTH INC   2012-01-04 2012-10-24
13. ATHENAHEALTH INC   2012-01-04 2012-10-24
164. ATHENAHEALTH INC   2012-01-04 2012-10-25
225. AUTO DATA PROCESS     2012-04-03
170. AUTO DATA PROCESS   2011-03-23 2012-04-03
15000. BRISTOL MYERS SQUIBB CO   2011-11-30 2012-01-04
115. BROADCOM CORP COM   2010-10-11 2012-02-24
210. BROADCOM CORP COM   2011-03-23 2012-02-24
185. BROADCOM CORP COM   2010-10-11 2012-11-01
15. BROADCOM CORP COM   2012-03-01 2012-11-01
190. CERNER CORP   2010-10-11 2012-02-24
115. CERNER CORP   2010-10-11 2012-05-23
105. COGNIZANT TECHNOLOGY SOLUTIONS CL A   2011-12-05 2012-12-03
495. DARDEN RESTAURANTS INC     2012-12-06
205. EMC CORP - MASS   2011-06-21 2012-12-03
745. EXPEDITORS INTL WASH INC COM     2012-02-15
35. EXXON MOBIL CORP COM   2008-01-10 2012-06-27
25000. FFCB 3.74% 07/19/2021-2012   2011-07-14 2012-07-19
25000. FHLB 4.125% 01/20/2021-2012   2011-02-16 2012-01-20
50000. FHLB 6% 06/19/2017-2012   2007-06-13 2012-06-19
675. GENTEX CORP   2010-10-11 2012-08-01
855. GENTEX CORP     2012-08-01
474.858 HARBOR INTERNATIONAL FUND   2012-02-24 2012-05-23
45. INTERNATL BUSINESS MACHINES   2011-04-29 2012-05-23
335. ISHARES TR RUSSELL MIDCAP   2012-02-24 2012-03-01
535. ISHARES TR RUSSELL 2000   2012-01-04 2012-05-23
825. ISHARES TR RUSSELL 2000   2011-04-29 2012-05-23
2183.438 IVY FUNDS MID CAP GROWTH I     2012-05-23
75. JACOBS ENGR GROUP INC COM   2011-04-29 2012-05-15
246. JACOBS ENGR GROUP INC COM   2010-10-11 2012-05-15
154. JACOBS ENGR GROUP INC COM   2010-10-11 2012-05-16
295. JACOBS ENGR GROUP INC COM   2011-12-05 2012-05-16
270. JOY GLOBAL INC   2011-01-03 2012-05-30
150. JOY GLOBAL INC   2012-01-04 2012-05-30
105. OMNICOM GRP INC   2007-06-12 2012-12-03
45. QUALCOMM CORP   2010-10-11 2012-05-23
160. QUALCOMM CORP   2011-03-23 2012-05-23
115. ROPER INDUSTRIES INC   2011-02-17 2012-05-23
95. ROPER INDUSTRIES INC   2011-02-17 2012-06-01
160. STATE STREET BOSTON CORP COM   2011-06-29 2012-05-23
90. STERICYCLE INC     2012-05-23
310. TEVA PHARMACEUTICAL INDS LTD ADR   2011-12-05 2012-11-06
340. TEVA PHARMACEUTICAL INDS LTD ADR     2012-11-06
175. TEVA PHARMACEUTICAL INDS LTD ADR   2011-06-29 2012-11-06
44.9998 THERMO ELECTRON CORP   2011-06-21 2012-02-24
85.0002 THERMO ELECTRON CORP   2011-06-21 2012-02-24
85. THERMO ELECTRON CORP   2010-10-11 2012-02-24
125. THERMO ELECTRON CORP   2010-10-11 2012-12-03
110. VARIAN MED SYS INC COM   2011-03-23 2012-12-03
770. VANGUARD INDEX FDS REIT VIPERS     2012-08-16
425. VANGUARD INDEX FDS REIT VIPERS   2012-01-04 2012-08-16
110. VANGUARD INDEX FDS REIT VIPERS   2012-01-04 2012-12-03
120. VISA INC CL A   2010-10-11 2012-05-23
1187.337 VIRTUS EMERGING MARKET OPPORTUNITY FUND   2012-05-23 2012-12-03
390. WELLS FARGO & CO NEW COM     2012-02-24
50. WELLS FARGO & CO NEW COM   2011-12-05 2012-06-27
145. WELLS FARGO & CO NEW COM   2010-10-11 2012-06-27
65. CORE LABORATORIES N V   2011-12-21 2012-05-23
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 6,149   9,424 -3,275
b 9,498   11,536 -2,038
c 7,850   11,020 -3,170
d 11,316   10,299 1,017
e 9,495   9,618 -123
6,219   3,831 2,388
3,455   2,767 688
12,476   7,918 4,558
13,195   8,003 5,192
7,129   4,212 2,917
5,335   2,948 2,387
2,366   1,474 892
4,596   3,387 1,209
879   648 231
10,440   8,169 2,271
12,565   12,205 360
9,494   8,534 960
513,914   323,871 190,043
4,278   4,256 22
7,812   8,539 -727
5,907   6,847 -940
479   559 -80
13,881   8,166 5,715
9,058   4,943 4,115
7,039   7,411 -372
23,232   25,959 -2,727
5,076   5,506 -430
31,998   35,870 -3,872
2,915   3,176 -261
25,000   25,000  
25,000   24,984 16
50,000   50,000  
10,665   13,918 -3,253
13,509   24,777 -11,268
25,638   28,800 -3,162
8,780   7,733 1,047
36,665   36,683 -18
40,469   39,777 692
62,406   71,363 -8,957
39,062   41,913 -2,851
2,847   3,716 -869
9,337   9,872 -535
5,784   6,180 -396
11,081   12,658 -1,577
16,031   24,249 -8,218
8,906   11,680 -2,774
5,169   5,449 -280
2,595   1,998 597
9,225   8,414 811
11,409   9,744 1,665
9,305   8,049 1,256
6,637   7,186 -549
7,653   3,644 4,009
12,747   12,490 257
13,980   14,653 -673
7,196   8,356 -1,160
2,528   2,878 -350
4,776   5,436 -660
4,776   4,059 717
7,936   5,969 1,967
7,633   7,296 337
50,984   61,880 -10,896
28,141   24,489 3,652
7,082   6,338 744
14,198   8,922 5,276
12,087   10,615 1,472
11,809   13,310 -1,501
1,632   1,340 292
4,731   3,731 1,000
8,837   7,540 1,297
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -3,275
b       -2,038
c       -3,170
d       1,017
e       -123
      2,388
      688
      4,558
      5,192
      2,917
      2,387
      892
      1,209
      231
      2,271
      360
      960
      190,043
      22
      -727
      -940
      -80
      5,715
      4,115
      -372
      -2,727
      -430
      -3,872
      -261
       
      16
       
      -3,253
      -11,268
      -3,162
      1,047
      -18
      692
      -8,957
      -2,851
      -869
      -535
      -396
      -1,577
      -8,218
      -2,774
      -280
      597
      811
      1,665
      1,256
      -549
      4,009
      257
      -673
      -1,160
      -350
      -660
      717
      1,967
      337
      -10,896
      3,652
      744
      5,276
      1,472
      -1,501
      292
      1,000
      1,297
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 183,802
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 400,834 1,646,030 0.243516
2010 374,650 1,260,775 0.297158
2009 443,775 1,044,748 0.424768
2008 403,000 1,246,960 0.323186
2007 408,900 1,575,614 0.259518
2 Total of line 1, column (d) ...................... 2 1.548146
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.309629
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,336,017
5 Multiply line 4 by line 3....................... 5 723,299
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,395
7 Add lines 5 and 6......................... 7 725,694
8 Enter qualifying distributions from Part XII, line 4.............. 8 340,233
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 4,789
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 4,789
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,789
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 4,800
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,800
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 11
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet0 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletRI
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNA
    14
    The books are in care ofbulletThe Washington Trust Company Telephone no.bullet (401) 348-1234
    Located atbullet23 BROAD STREETWESTERLYRI ZIP+4bullet02891
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    The Washington Trust Company Trustee
    2     		0    
    23 Broad Street
    Westerly,RI02891
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,977,077
    b
    Average of monthly cash balances.......................
    1b
    394,514
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,371,591
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,371,591
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    35,574
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,336,017
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    116,801
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    116,801
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    4,789
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,789
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    112,012
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    112,012
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    112,012
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    340,233
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    340,233
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    340,233
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 112,012
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 340,718
    b From 2008....... 344,504
    c From 2009....... 392,188
    d From 2010....... 312,226
    e From 2011....... 321,980
    fTotal of lines 3a through e......... 1,711,616
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 340,233
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 112,012
    e Remaining amount distributed out of corpus 228,221
    5 Excess distributions carryover applied to 2012. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,939,837
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		340,718
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		1,599,119
    10 Analysis of line 9:
    a Excess from 2008.... 344,504
    b Excess from 2009.... 392,188
    c Excess from 2010.... 312,226
    d Excess from 2011.... 321,980
    e Excess from 2012.... 228,221
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    THE WASHINGTON TRUST COMPANY
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    Dennis L Algiere
    23 Broad Street
    Westerly,RI02891
    (401) 348-1207
    bThe form in which applications should be submitted and information and materials they should include:
    Letter outlining request
    cAny submission deadlines:
    October 1st of each year
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Adult Day Care Center of Westerly
    UNION STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 6,000
    Babcock Smith House Museum
    GRANITE STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 250
    Boys & Girls Club of Pawtucket
    1 MOELLER STREET
    Pawtucket,RI02860     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Brown Alpert Medical School
    593 EDDY STREET
    Providence,RI02903     		NONE PUBLIC CHARITY CORPORATE ANNUAL FUND 5,000
    Bryant University
    1150 DOUGLAS PIKE
    Smithfield,RI02917     		NONE PUBLIC CHARITY SCHOLARSHIPS 5,000
    College Crusade of Rhode Island
    134 THURBERS AVENUE
    Providence,RI02905     		NONE PUBLIC CHARITY OPERATIONS 2,500
    Community 2000 Educational
    Foundation
    BOX 1161
    Charlestown,RI02813     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Crossroads Rhode Island
    160 BROAD STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Domestic Violence Resource Center
    of South County
    61 MAIN STREET
    Wakefield,RI02879     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Home & Hospice Care of
    Rhode Island
    1085 NORTH MAIN STREET
    Providence,RI02904     		NONE PUBLIC CHARITY OPERATIONS 10,000
    House of Hope
    PO BOX 1224
    North Kingstown,RI02852     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Housing Network
    1070 MAIN STREET
    Pawtucket,RI02860     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Institute for International Sport
    3045 KINGSTOWN ROAD
    Kingston,RI02881     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Institute for the Study &
    Practice of Non Violence
    265 OXFORD STREET
    Providence,RI02905     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Jonnycake Center of Peacedale
    1231 KINGSTOWN ROAD
    Peacedale,RI02879     		NONE PUBLIC CHARITY OPERATIONS 500
    Jonnycake Center of Westerly
    23 INDUSTRIAL DRIVE
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 1,500
    Kent Center
    2756 POST ROAD
    Warwick,RI02886     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Kent Hospital
    455 TOLL GATE ROAD
    Warwick,RI02886     		NONE PUBLIC CHARITY HEART CENTER 5,000
    Kent Hospital
    455 TOLL GATE ROAD
    Warwick,RI02886     		NONE PUBLIC CHARITY AMBULATORY SURGERY CENTER 5,000
    Literacy Volunteers of Washington
    County
    93 TOWER STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 250
    James L Maher Center
    120 HILLSIDE AVENUE
    Newport,RI02840     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Nature Conservancy
    4245 NORTH FAIRFAX DRIVE
    Arlington,VA22203     		NONE PUBLIC CHARITY OPERATIONS 5,000
    North Kingstown Senior Association
    10 BEACH STREET
    North Kingstown,RI02852     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Providence College
    1 CUNNINGHAM SQUARE
    Providence,RI02918     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Special Olympics Rhode Island
    370 GEORGE WASHINGTON HIGHWAY
    Smithfield,RI02917     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Trinity Repertory Company
    201 WASHINGTON STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONS 8,333
    United Way of Rhode Island
    50 VALLEY STREET
    Providence,RI02909     		NONE PUBLIC CHARITY OPERATIONS 53,000
    University of Rhode Island
    UPPER COLLEGE ROAD
    Kingston,RI02881     		NONE PUBLIC CHARITY R. CAROTHERS FUND 1,000
    University of Rhode island
    UPPER COLLEGE ROAD
    Kingston,RI02881     		NONE PUBLIC CHARITY SCHOLARSHIPS 5,000
    Urban Collaborative Accelerated
    Program
    75 CARPENTER STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Westerly Armory Restoration
    8 DIXON STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Wheeler Library
    101 MAIN STREET
    North Stonington,CT06359     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Ocean Community YMCA
    95 HIGH STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 25,000
    YMCA
    95 HIGH STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY SKAING RINK OPERATION 50,000
    Camp Jori
    1065 WORDENS POND ROAD
    Wakefield,RI02879     		NONE PUBLIC CHARITY OPERATIONS 250
    Davisville Free Library
    481 DAVISVILLE ROAD
    North Kingstown,RI02852     		NONE PUBLIC CHARITY OPERATIONS 500
    Gilbert Stuart Birthplace
    & Museum
    815 GILBERT STUART ROAD
    Saunderstown,RI02874     		NONE PUBLIC CHARITY OPERATIONS 500
    Insight
    43 JEFFERSON BLVD
    Warwick,RI02888     		NONE PUBLIC CHARITY OPERATIONS 500
    Local Initiatives Support
    Corporation
    146 CLIFFORD STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONS 2,500
    Junior Achievement of Rhode Island
    120 WATERMAN STREET
    Providence,RI02906     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Providence Community Health Centers
    375 ALLENS AVENUE
    Providence,RI02905     		NONE PUBLIC CHARITY OPERATIONS 2,000
    St Patrick Academy
    244 SMITH STREET
    Providence,RI02908     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Watch Hill Conservancy
    222 WATCH HILL ROAD
    Watch Hill,RI02891     		NONE PUBLIC CHARITY OPERATIONS 1,000
    RI Congress of Parents & Teachers
    600 MOUNT PLEASANT AVENUE
    Providence,RI02908     		NONE PUBLIC CHARITY OPERATIONS 250
    Ocean Communty YMCA
    95 HIGH STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 250
    New Urban Arts
    705 WESTMINSTER STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Rhode Island for Community and
    Justice
    80 WASHINGTON STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONS 500
    National Multiple Sclerosis Society
    of Rhode Island
    733 THIRD AVENUE
    New York,NY10017     		NONE PUBLIC CHARITY OPERATIONS 500
    American Lung Association
    1301 PENNSYLVANIA AVENUE
    Washington,DC20004     		NONE PUBLIC CHARITY COMMUNITY SERVICE AWARD 500
    St Vincent DePaul Society
    PO BOX 40605
    Providence,RI02940     		NONE PUBLIC CHARITY COMMUNITY SERVICE AWARD 300
    Dana-Farber Cancer Institute
    450 BROOKLINE AVENUE
    Boston,MA02215     		NONE PUBLIC CHARITY COMMUNITY SERVICE AWARD 250
    Stand Up for Animals
    LARRY HIRSCH DRIVE
    Westerly,RI02891     		NONE PUBLIC CHARITY COMMUNITY SERVICE AWARD 250
    Domestic Violence Resource Center
    of South County
    61 MAIN STREET
    Wakefield,RI02879     		NONE PUBLIC CHARITY COMMUNITY SERVICE AWARD 200
    West Broadway Neighborhood
    Association
    16 HAMMOND STREET
    Providence,RI02909     		NONE PUBLIC CHARITY OPERATIONS 500
    St Raphael Academy
    123 WALCOTT STREET
    Pawtucket,RI02860     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Apponaug Area Improvement
    Association
    PO BOX 7892
    Warwick,RI02887     		NONE PUBLIC CHARITY OPERATIONS 500
    Children's Dyslexia Center of Rhode
    Island
    ONE RHODES PLACE
    Cranston,RI02905     		NONE PUBLIC CHARITY OPERATIONS 500
    Rhode Island Free Clinic
    655 BROAD STREET
    Providence,RI02907     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Housing Action Coalition of Rhode
    Island
    1070 MAIN STREET
    Pawtucket,RI02860     		NONE PUBLIC CHARITY OPERATIONS 3,000
    Boy Scouts of America
    Narragansett Council
    10 RISHO AVENUE
    East Providence,RI02914     		NONE PUBLIC CHARITY OPERATIONS 5,000
    Rhode Island Foundation
    ONE UNION STATION
    Providencre,RI02903     		NONE COMMUNITY FOUNDATION CIVIC LEADERSHIP FUND 2,500
    Contemporary Theater Company
    327 MAIN STREET
    Wakefield,RI02879     		NONE PUBLIC CHARITY OPERATIONS 500
    American Heart Association
    7272 GREENVILLE AVENUE
    Dallas,TX75231     		NONE PUBLIC CHARITY HEART WALK 2,500
    American Parkinson Disease
    Association
    455 TOLL GATE ROAD
    Warwick,RI02886     		NONE PUBLIC CHARITY OPERATIONS 500
    Town of Westerly
    BROAD STREET
    Westerly,RI02891     		NONE MUNICIPALITY OPERATIONS 5,000
    Stonington Community Center
    PO BOX 286
    Stonington,CT06378     		NONE PUBLIC CHARITY OPERATIONS 250
    Living Supplies Closet Inc
    7 ELM STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Courthouse Center for the Arts
    3481 KINGSTOWN ROAD
    West Kingston,RI02892     		NONE PUBLIC CHARITY OPERATIONS 10,000
    Westerly Land Trust
    PO BOX 601
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 1,000
    North Kingstown Food Pantry
    450 BOSTON NECK ROAD
    North Kingstown,RI02852     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Wood River Health Services
    823 MAIN STREET
    Hope Valley,RI02832     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Jonnycake Center of Peace Dale
    1231 KINGSTOWN ROAD
    Peace Dale,RI02879     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Bradford Jonnycake Center
    23 INDUSTRIAL DRIVE
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 1,000
    WARM Shelter
    56 SPRUCE STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Pawcatuck Neighborhood Center
    27 CHASE STREET
    Pawcatuck,CT06379     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Comprehensive Community Action
    311 DORIC AVENUE
    Cranston,RI02910     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Providence In Town Churches
    250 WASHINGTON STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Westbay Community Action
    224 BUTTONWOODS AVENUE
    Warwick,RI02886     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Helping Hands of Block Island
    PO BOX 1437
    Block Island,RI02807     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Bread of Life Food Pantry
    100 NEWMAN AVENUE
    Rumford,RI02916     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Rhode Island for Community and
    Justice
    80 WASHINGTON STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Town of Westerly
    BROAD STREET
    Westerly,RI02891     		NONE MUNICIPALITY OPERATIONS 400
    The Greater Westerly Chamber
    Foundation
    OLD POST ROAD
    Westerly,RI02891     		NONE PUBLIC CHARITY SMALL BUSINESS RECOVERY 15,000
    Town of Westerly
    BROAD STREET
    Westerly,RI02891     		NONE MUNICIPALITY OPERATIONS 1,000
    World War II Foundation
    333 WHITE HORN DRIVE
    Kingston,RI02881     		NONE PUBLIC CHARITY OPERATIONS 2,500
    Phoenix House
    101 FRANKLIN STREET
    Westerly,RI02891     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Total .................................bullet 3a 340,233
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 56,536  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 183,802  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   240,338  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13240,338
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2012
    Name of the organization
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
     
    Employer identification number

    05-0477294
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
          		Employer identification number

    05-0477294
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    The Washington Trust Company
     

         
    23 Broad Street
       
    Westerly, RI   02891

    		$400,000


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
          		Employer identification number

    05-0477294
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
          		Employer identification number

    05-0477294
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
    EIN: 05-0477294
    Name of Bond End of Year Book Value End of Year Fair Market Value

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
    EIN: 05-0477294
    Name of Stock End of Year Book Value End of Year Fair Market Value

    TY 2012 OtherDecreasesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
    EIN: 05-0477294
    Description Amount
    ADJUSTMENT TO BOOK VALUE FOR CORRECT BASIS OF 15,000 SH 0
    OF BRISTOL MYERS SQUIBB SOLD 01/04/2012 162,842
    TRANSACTIONS POSTED AFTER PERIOD END 655
    ADJUSTMENT FOR INTEREST INCOME FACTORING 2,093


    TY 2012 OtherExpensesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
    EIN: 05-0477294
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 134 134   0


    TY 2012 OtherIncreasesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
    EIN: 05-0477294
    Description Amount
    TRANSACTIONS POSTED FOR PRIOR PERIOD 4
    ADJUSTMENT FOR DIVIDEND FACTORING 901
    ADJUSTMENT FOR FOREIGN TAX FACTORING 591
    ADJUSTMENT FOR ACCRUED INTEREST PAID 45
    ADJUSTMENT FOR ROUNDING 1


    TY 2012 TaxesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN 1015103664
    EIN: 05-0477294
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 169 169   0
    FEDERAL TAX PAYMENT - PRIOR YE 2,832 0   0
    FEDERAL ESTIMATES - INCOME 3,448 0   0
    FOREIGN TAXES ON QUALIFIED FOR 416 416   0
    FOREIGN TAXES ON NONQUALIFIED 167 167   0