Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
BLUE HILLS BANK CHARITABLE FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)1196 RIVER STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HYDE PARK, MA02136
A Employer identification number

27-4283786
B Telephone number (see instructions)

(617) 361-6900
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$4,382,469J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 565,000
2 Check bullet
3 Interest on savings and temporary cash investments 258 258  
4 Dividends and interest from securities...... 91,543 91,543  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 111,580
b Gross sales price for all assets on line 6a 500,495
7 Capital gain net income (from Part IV, line 2)... 260,486
8 Net short-term capital gain.........  
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........ 768,381 352,287  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,000 2,000   8,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,600 0   4,600
c Other professional fees (attach schedule).... Click to see attachment 77,513 3,387   74,126
17 Interest...............        
18 Taxes (attach schedule) (see instructions)        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,340 0   2,340
22 Printing and publications.......... 934 0   934
23 Other expenses (attach schedule)....... Click to see attachment 14,538 0   14,538
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 109,925 5,387   104,538
25 Contributions, gifts, grants paid........ 519,859 519,859
26 Total expenses and disbursements. Add lines 24 and 25 629,784 5,387   624,397
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 138,597
b Net investment income (if negative, enter -0-) 346,900
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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.......... 136,095 501,849 501,849
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
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)........ 3,578,202 Click to see attachment3,880,620 3,880,620
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
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) 3,714,297 4,382,469 4,382,469
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 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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 3,714,297 4,382,469
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,714,297 4,382,469
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,714,297 4,382,469
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 3,714,297
2 Enter amount from Part I, line 27a..................... 2 138,597
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 529,575
4 Add lines 1, 2, and 3.......................... 4 4,382,469
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,382,469
Form 990-PF (2013)
Form 990-PF (2013)
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 SALE OF PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 500,433   240,009 260,424
b 62     62
c
d
e
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       260,424
b       62
c
d
e
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 2 260,486
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))
2012 383,057 3,654,847 0.104808
2011 194,563 3,266,168 0.059569
2010 0 3,150,360 0.000000
2009      
2008      
2 Total of line 1, column (d) ...................... 2 0.164377
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 0.054792
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 4,307,934
5 Multiply line 4 by line 3....................... 5 236,040
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,469
7 Add lines 5 and 6......................... 7 239,509
8 Enter qualifying distributions from Part XII, line 4.............. 8 624,397
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 (2013)
Form 990-PF (2013)
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 3,469
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 3,469
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 3,469
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 1,800
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 5,150
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,950
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
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 3,481
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet3,481 RefundedBullet 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletMA
    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 2013 or the taxable year beginning in 2013 (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
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletBLUEHILLSBANK.COM/COMMUNITY/CHARITABLE-FOUNDATION
    14
    The books are in care ofbulletKAREN MARRYAT Telephone no.bullet (781) 702-5741
    Located atbullet320 NORWOOD PARK SOUTHNORWOODMA ZIP+4bullet02062
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    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 (2013)
    Form 990-PF (2013)
    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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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
     
     
    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 2013 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 2013.)....................
    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 2013?
    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 (2013)
    Form 990-PF (2013)
    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
    MARYLYNNE SMITH QUARCOO DIRECTOR
    0.50     		0 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    STEPHEN MCNULTY TREASURER/DIRECTOR
    0.50     		0 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    STEVEN BURNS CLERK/DIRECTOR
    0.50     		0 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    SAMUEL L SMITH JR DIRECTOR
    0.50     		0 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    JANICE SILK-KENNEY CHAIRPERSON/DIRECTOR
    0.50     		10,000 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    KAREN O'CONNELL DIRECTOR
    0.50     		0 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    KAREN MARRYAT DIRECTOR
    0.50     		0 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    RENE OWENS DIRECTOR
    0.50     		0 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    WILLIAM M PARENT PRESIDENT/DIRECTOR
    0.50     		0 0 0
    1196 RIVER STREET
    HYDE PARK,MA02136
    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 (2013)
    Form 990-PF (2013)
    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.........................bullet0
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    215,397
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    3,469
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,469
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    211,928
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    211,928
    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
    211,928
    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
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 211,928
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011....... 34,711
    e From 2012....... 203,875
    fTotal of lines 3a through e......... 238,586
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 624,397
    a Applied to 2012, 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 2013 distributable amount..... 211,928
    e Remaining amount distributed out of corpus 412,469
    5 Excess distributions carryover applied to 2013. 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 5 651,055
    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 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		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 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		651,055
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011.... 34,711
    d Excess from 2012.... 203,875
    e Excess from 2013.... 412,469
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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).)
    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 address of the person to whom applications should be addressed:
    JULIE BECKHAM
    320 NORWOOD PARK SOUTH
    NORWOOD,MA02062
    (617) 360-6521
    JBECKHAM@BLUEHILLSBANK.COM
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD INCLUDE: 1)COPY OF IRS DETERMINATION LETTER;2)PROOF OF INCORPORATION AS A NON-PROFIT ORGANIZATION OR CHARITABLE TRUST;3)NAMES OF DIRECTORS/TRUSTEES OF THE ORGANIZATION TO INCLUDE RELEVANT BACKGROUND, AFFILIATIONS AND TOWN/CITY OF RESIDENCE;4)PRIOR YEAR FINANCIAL STATEMENT, FORM 990 AND YEAR-TO-DATE FINANCIAL STATEMENT FOR CURRENT FISCAL YEAR;5)LIST OF COMPANIES AND FOUNDATIONS BEING APPROACHED TO FUND THIS PROPOSAL, INDICATING WHICH SOURCES ARE COMMITTED, PENDING OR ANTICIPATED;6)MOST RECENT INDEPENDENT AUDIT OR REVIEW, AS APPLICABLE, IF REVENUES WERE $200,000 OR MORE;7)DATE;8)SUMMARY OF ORGANIZATION'S HISTORY, GOALS & KEY ACHIEVEMENTS;9)AMOUNT REQUESTED;10)MISSION STATEMENT;11)3 LETTERS OF SUPPORT FROM THECOMMUNITY; 12)TYPE OF REQUEST AND DETAILS OF HOW FUNDS WILL BE DEPLOYED;13)TARGET POPULATION:14)TOTAL ANNUAL BUDGET & PROJECT OR CAPITAL BUDGET;15)PERIOD OF TIME THIS GRANT WILL COVER;16)ORGANIZATIONAL STRUCTURE, SIZE AND CONSTITUENTS;17)FISCAL YEAR END
    cAny submission deadlines:
    APPLICATIONS ARE TO BE RECEIVED BY FEBRUARY 1, MAY 1, AUGUST 1 & NOVEMBER 1 OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ORGANIZATIONS MUST BE MASSACHUSETTS CHARITABLE CORPORATIONS OR TRUSTS WHO ARE TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE IRS CODE AND ARE PUBLICLY SUPPORTED UNDER SECTIONS 509(A)(1) OR 509(A)(2). THEY MUST SERVE THE RESIDENTS OF THE BOSTON NEIGHBORHOODS OF HYDE PARK, WEST ROXBURY, DORCHESTER, JAMAICA PLAIN, MATTAPAN, ROSLINDALE, ROXBURY, AND SOUTH BOSTON AS WELL AS MUNICIPALITIES OF BROOKLINE, CANTON, DEDHAM, DOVER, EASTON, FOXBOROUGH, MANSFIELD, MEDFIELD, MILTON, NEEDHAM, NORWOOD, RANDOLPH, SHARON, NEWTON, STOUGHTON, WALPOLE AND WESTWOOD. NO GRANTS WILL BE AWARDED TO INDIVIDUALS, PRIVATE FOUNDATIONS, NATIONAL ORGANIZATIONS, ANNUAL GIVING CAMPAIGNS OR TO STATE AND FEDERAL AGENCIES. DIRECTORS WILL NOT CONSIDER MORE THAN ONE APPLICATION FROM AN ORGANIZATION IN THE SAME CALENDAR YEAR, EXCEPT FOR SUMMER YOUTH PROGRAMS AND WILL NOT CONSIDER A PROPOSAL FROM AN ORGANIZATION PREVIOUSLY FUNDED UNTIL A FULL REPORT OF THE EXPENDITURES OF THE PREVIOUS GRANT HAS BEEN SUBMITTED.
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
    ACCION EAST INC
    115 E 23RD STREET 7TH FLOOR
    NEW YORK,NY10010     		N/A PC HEALTH AND HUMAN SERVICES 10,000
    BABSON COLLEGE
    OFFICE OF DEVELOPMENT ALUMNI HALL
    BABSON PARK,MA02457     		N/A PC EDUCATION 320
    BOSTON EDUCATION FOUNDATION
    1216 DORCHESTER AVENUE
    DORCHESTER,MA02125     		N/A PC EDUCATION 500
    BOSTON LATIN SCHOOL ASSOCIATION
    101 HUNTINGTON AVENUE SUITE 200
    BOSTON,MA02199     		N/A PC EDUCATION 100
    BROOKLINE COMMUNITY FOUNDATION INC
    40 WEBSTER PLACE
    BROOKLINE,MA02445     		N/A PC EDUCATION 5,000
    COLLEGE OF THE HOLY CROSS
    ONE COLLEGE STREET
    WORCESTER,MA01610     		N/A PC EDUCATION 1,350
    COMMUNITY SERVINGS INC
    18 MARBURY TERRACE
    JAMAICA PLAIN,MA02130     		N/A PC HEALTH AND HUMAN SERVICES 5,000
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON ROAD
    BETHESDA,MD20814     		N/A PC HEALTH AND HUMAN SERVICES 500
    DANA FARBER CANCER INSTITUTE INC
    10 BROOKLINE PLACE WEST
    BROOKLINE,MA02445     		N/A PC HEALTH AND MEDICINE 25,100
    DEDHAM COUNTRY DAY SCHOOL
    90 SANDY VALLEY ROAD
    DEDHAM,MA02026     		N/A PC EDUCATION 8,116
    ECUMENICAL COMMUNITY FOOD PANTRY
    150 CHAPEL STREET
    NORWOOD,MA02062     		N/A PC HEALTH AND HUMAN SERVICES 5,000
    EVERYBODY WINS METRO BOSTON INC
    75 STATE STREET
    BOSTON,MA02109     		N/A PC EDUCATION 2,500
    FREEDOM HOUSE INC
    14 CRAWFORD STREET
    BOSTON,MA02121     		N/A PC EDUCATION 20,000
    FRIENDS OF HYDE PARK BRANCH LIBRARY
    35 HARVARD AVENUE
    HYDE PARK,MA02136     		N/A PC COMMUNITY SERVICE 3,383
    FRIENDS OF THE BLUE HILLS CHARITABLE TRUST
    PO BOX 416
    MILTON,MA02186     		N/A PC COMMUNITY SERVICE 6,000
    FRIENDS OF THE WEST ROXBURY LIBRARY INC
    174 STRATFORD STREET
    WEST ROXBURY,MA02132     		N/A PC COMMUNITY SERVICE 3,333
    FUND FOR CATHOLIC SCHOOLS INC
    66 BROOKS DRIVE
    BRAINTREE,MA02184     		N/A PC EDUCATION 2,500
    HOUSE OF POSSIBILITIES INC
    350 WASHINGTON STREET
    EASTON,MA02356     		N/A PC HEALTH AND HUMAN SERVICES 2,500
    HYDE PARK ART ASSOCIATION INC
    26 CENTRAL AVENUE
    HYDE PARK,MA02136     		N/A PC EDUCATION 11,000
    HYDE PARK MAIN STREETS INC
    11 FAIRMONT AVENUE SUITE 109
    HYDE PARK,MA02136     		N/A PC COMMUNITY SERVICE 5,300
    LAFAYETTE COLLEGE
    DEVELOPMENT OFFICE
    EASTON,PA18042     		N/A PC EDUCATION 2,000
    PROJECT HOPE LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SERVICES
    550 DUDLEY STREET
    ROXBURY,MA02119     		N/A PC HEALTH AND HUMAN SERVICES 10,000
    LUPUS FOUNDATION OF AMERICA INC
    2000 L STREET NW STE 410
    WASHINGTON,DC20036     		N/A PC HEALTH AND MEDICINE 250
    MILTON FOUNDATION FOR EDUCATION
    PO BOX 223
    MILTON,MA02186     		N/A PC EDUCATION 1,000
    MUSIC ACCESS GROUP INC
    59 RICHARDS STREET
    DEDHAM,MA02026     		N/A PC ARTS AND CULTURE 6,000
    OHIO WESLEYAN UNIVERSITY
    MOWRY ALUMNI CENTER
    DELAWARE,OH43015     		N/A PC EDUCATION 250
    PAN MASSACHUSETTS CHALLENGE TRUST
    77 FOURTH AVENUE
    NEEDHAM,MA02494     		N/A PC HEALTH AND MEDICINE 33,308
    PARTNERS HEALTHCARE SYSTEM INC
    116 HUNTINGTON AVENUE 5TH FLOOR
    BOSTON,MA02116     		N/A PC HEALTH AND HUMAN SERVICES 250
    PROJECT BREAD - THE WALK FOR HUNGER INC
    145 BOARDER STREET
    EAST BOSTON,MA02128     		N/A PC HEALTH AND HUMAN SERVICES 100
    RIVERSIDE COMMUNITY CARE INC
    450 WASHINGTON STREET
    DEDHAM,MA02026     		N/A PC HEALTH AND HUMAN SERVICES 5,000
    ROBERT F KENNEDY CHILDRENS ACTION CORPS
    11 BEACON STREET SUITE 820
    BOSTON,MA02108     		N/A PC COMMUNITY SERVICES 50
    ROXBURY LATIN SCHOOL INC
    101 ST THERESA AVENUE
    WEST ROXBURY,MA02132     		N/A PC EDUCATION 500
    SNARC SOUTH NORFOLK COUNTY ASSOCIATION FOR RETARDED CITIZENS
    789 CLAPBOARD TREE STREET
    WESTWOOD,MA02090     		N/A PC HEALTH AND HUMAN SERVICES 6,666
    GREEN TEAM SOUTHWEST BOSTON COMMUNITY DEVELOPMENT CORP
    11 FAIRMONT AVENUE
    HYDE PARK,MA02136     		N/A PC EDUCATION 5,000
    TOWARD INDEPENDENT LIVING AND LEARNING INC
    20 EASTBROOK ROAD 201
    DEDHAM,MA02026     		N/A PC HEALTH AND HUMAN SERVICES 6,666
    URBAN LEAGUE OF EASTERN MASS INC
    88 WARREN STREET
    ROXBURY,MA02119     		N/A PC HEALTH AND HUMAN SERVICES 2,000
    WEDIKO CHILDRENS SERVICES INC
    72-74E DEDHAM STREET
    BOSTON,MA02118     		N/A PC EDUCATION 17,000
    WEST ROXBURY MAIN STREET INC
    1874 CENTRE STREET
    WEST ROXBURY,MA02132     		N/A PC COMMUNITY SERVICE 5,000
    ITALIAN HOME FOR CHILDREN INC
    1125 CENTRE STREET
    JAMAICA PLAIN,MA02130     		N/A PC EDUCATION 5,000
    DEDHAM FOOD PANTRY CHARITABLE TR
    600 WASHINGTON STREET
    DEDHAM,MA02026     		N/A PC HEALTH AND HUMAN SERVICES 10,000
    MASS AFFORDABLE HOUSING ALLIANCE INC
    1803 DORCHESTER AVENUE
    DORCHESTER,MA02124     		N/A PC COMMUNITY SERVICES 10,000
    CASA ESPERANZA INC
    291 EUSTIS STREET
    ROXBURY,MA02119     		N/A PC HEALTH AND HUMAN SERVICES 3,000
    AIDS ACTION COMMITTEE OF MASS INC
    75 AMORY STREET
    BOSTON,MA02119     		N/A PC HEALTH AND HUMAN SERVICES 10,000
    WEST END HOUSE CAMP INC
    294 ROAD BETWEEN THE PONDS
    PARSONFIELD,ME04047     		N/A PC COMMUNITY SERVICES 10,000
    URBAN EDGE HPUSING CORP
    1542 COLUMBUS AVENUE
    BOSTON,MA02119     		N/A PC COMMUNITY SERVICES 5,000
    FIRST LITERACY INC
    160 BOYLSTON STREET
    BOSTON,MA02116     		N/A PC EDUCATION 5,000
    YOUTH AND FAMILY ENRICHMENT SERVICES
    1234 HYDE PARK AVENUE 104
    BOSTON,MA02136     		N/A PC EDUCATION 10,000
    ARTISTS FOR HUMANITY
    100 W 2ND STREET
    BOSTON,MA02127     		N/A PC PROGRAM SUPPORT 5,000
    BOSTON EARNED INCOME TAX CREDIT COALITION
    BOSTON CITY HALL ONE CITY HALL
    SQUARE
    BOSTON,MA02201     		N/A PC PROGRAM SUPPORT 5,000
    BROOKLINE COMMUNITY MENTAL HEALTH CENTER
    43 GARRISON ROAD
    BROOKLINE,MA02445     		N/A PC PROGRAM SUPPORT 15,000
    COOPERATIVE ELDER SERVICES INC
    37 B STREET
    BURLINGTON,MA01803     		N/A PC PROGRAM SUPPORT 1,828
    THE GARDNER GROUP DBA ON - SITE ACADEMY
    PO BOX 1031
    GARDNER,MA01440     		N/A PC PROGRAM SUPPORT 15,000
    AMERICAN DIABETES ASSOCIATION ALEXANDRIA VA
    1701 N BEAUREGARD STREET
    ALEXANDRIA,VA22311     		N/A PC PROGRAM SUPPORT 26
    WOUNDED WARRIOR PROJECT - JACKSONVILLE FL
    4899 BELFORT ROAD 300
    JACKSONVILLE,FL32256     		N/A PC PROGRAM SUPPORT 500
    ARC OF GREATER PLYMOUTH
    10 CORDAGE PARK
    PLYMOUTH,MA02360     		N/A PC PROGRAM SUPPORT 100
    BIKES NOT BOMBS
    6-18 BARTLETT SQUARE
    JAMAICA PLAIN,MA02130     		N/A PC PROGRAM SUPPORT 100
    BOSTON COLLEGE TRUSTEES
    140 COMMONWEALTH AVENUE
    CHESTNUT HILL,MA02467     		N/A PC EDUCATION 6,850
    HOMESTART INC
    105 CHAUNCY STREET
    BOSTON,MA02111     		N/A PC PROGRAM SUPPORT 25
    LECROSSE THE NATIONS
    67 TROWBRIDGE STREET
    CAMBRIDGE,MA02114     		N/A PC PROGRAM SUPPORT 25
    NEPONSET RIVER WATERSHED ASSOC
    2173 WASHINGTON STREET
    CANTON,MA02021     		N/A PC PROGRAM SUPPORT 100
    NEW ENGLAND BAPTIST HOSPITAL
    125 PARKER HILL AVENUE
    ROXBURY CROSSING,MA02120     		N/A PC HEALTH AND MEDICIN 500
    PANCREATIC CANCER ASSN NETWORK INC
    1500 ROSECRANS AVENUE 200
    MANHATTAN BEACH,CA90266     		N/A PC HEALTH AND MEDICINE 36
    PERKINS SCHOOL FOR THE BLIND
    149 MAIN STREET
    WATERTOWN,MA02472     		N/A PC EDUCATION 300
    PINE STREET INN
    444 HARRISON AVENUE
    BOSTON,MA02118     		N/A PC PROGRAM SUPPORT 250
    SAINT ANTHONY SHRINE
    ARCH STREET
    BOSTON,MA02109     		N/A PC PROGRAM SUPPORT 100
    STONEHILL COLLEGE
    320 WASHINGTON STREET
    EASTON,MA02357     		N/A PC EDUCATION 500
    NATIVITY PREPARATORY SCHOOL
    39 LAMARTINE STREET
    JAMAICA PLAIN,MA02130     		N/A PC EDUCATION 1,000
    ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATION
    480 PLEASANT STREET
    WATERTOWN,MA02472     		N/A PC PROGRAM SUPPORT 2,885
    AMERICAN FOUNDATION FOR SUICIDE PREVENTION
    120 WALL STREET 29TH FLOOR
    NEW YORK,NY10005     		N/A PC PROGRAM SUPPORT 100
    AMERICAN SOCIETY FOR PREVENTION OF CRUELTY TO ANIMALS
    424 E 92ND STREET
    NEW YORK,NY10128     		N/A PC PROGRAM SUPPORT 50
    BACK ON MY FEET
    426 E 1ST STREET
    BOSTON,MA02127     		N/A PC PROGRAM SUPPORT 25
    BOYS AND GIRLS CLUB OF BROCKTON
    233 WARREN AVENUE
    BROCKTON,MA02301     		N/A PC PROGRAM SUPPORT 500
    CHILDFUND INT'L USA
    2821EMERYWOOD PKWY
    RICHMOND,VA23294     		N/A PC PROGRAM SUPPORT 85
    CONNECTICUT COLLEGE
    270 MOHEGAN AVENUE
    NEW LONDON,CT06320     		N/A PC EDUCATION 100
    DANA FARBER CANCER INSTITUTE INC
    450 BROOKLINE AVENUE
    BOSTON,MA02215     		N/A PC HEALTH AND MEDICINE 81
    ELIZABETH STONE HOUSE INC
    8 NOTRE DAME STREET
    BOSTON,MA02119     		N/A PC PROGRAM SUPPORT 25
    GARDEN CLUB FEDERATION OF MASS INC
    219 WASHINGTON STREET
    WELLESLEY HILLS,MA02481     		N/A PC PROGRAM SUPPORT 100
    MASSACHUSETTS AUDUBON SOCIETY INC
    208 S GREAT ROAD
    LINCOLN,MA01773     		N/A PC PROGRAM SUPPORT 70
    MERRIMACK COLLEGE
    315 TURNPIKE STREET
    NORTH ANDOVER,MA01845     		N/A PC EDUCATION 300
    NATIONAL PARKS CONSERVATION ASSOCIATION
    777 6TH STREET NW SUITE 700
    WASHINGTON,DC20001     		N/A PC PROGRAM SUPPORT 50
    SOVEREIGN MILITARY AND HOSPITALLER ORDER OF ST JOHN OF JERUSALEM OF RHODES
    1011 FIRST AVENUE ROOM 1350
    NEW YORK,NY10022     		N/A PC PROGRAM SUPPORT 500
    ST JUDES CHILDRENS RESEARCH HOSPITAL
    262 DANNY THOMAS PL
    MEMPHIS,TN38105     		N/A PC MEDICAL RESEARCH AND CARE 150
    BIG SISTER ASSOCIATION OF GREATER BOSTON INC
    161 MASSACHUSETTS AVENUE
    BOSTON,MA02115     		N/A PC PROGRAM SUPPORT 2,500
    BLACK MINISTERIAL ALLIANCE OF GREATER BOSTON - MOTHERS FOR JUSTICE
    7 PALMER STREET 3RD FLOOR
    ROXBURY,MA02119     		N/A PC PROGRAM SUPPORT 10,000
    BOSTON BUILDING MATERIAL COOP CHARITABLE & EDUCATIONAL FUND INC
    100 TERRACE STREET
    BOSTON,MA02120     		N/A PC PROGRAM SUPPORT 5,000
    BOSTON NATURAL AREAS NETWORK INC
    62 SUMMER STREET
    BOSTON,MA02110     		N/A PC PROGRAM SUPPORT 3,000
    FRIENDS OF THE ROSLINDALE BRANCH LIBRARY
    4246 WASHINGTON STREET
    ROSLINDALE,MA02131     		N/A PC PROGRAM SUPPORT 5,000
    KIT CLARK SENIOR SERVICES INC
    1500 DORCHESTER AVENUE
    DORCHESTER,MA02122     		N/A PC PROGRAM SUPPORT 5,000
    MUSEUM PF AFRO AMERICAN HISTORY
    46 JOY STREET
    BOSTON,MA02114     		N/A PC PROGRAM SUPPORT 5,000
    THEATRE OFFENSIVE INC
    565 BOYLSTON STREET 3RD FLOOR
    BOSTON,MA02116     		N/A PC PROGRAM SUPPORT 2,500
    WESTWOOD BASEBALL ASSOCIATION
    200 NAHATAN STREET
    WESTWOOD,MA02090     		N/A PC PROGRAM SUPPORT 8,333
    YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER BOSTON WEST ROXBURY YMCA
    15 BELLEVUE STREET
    WEST ROXBURY,MA02132     		N/A PC PROGRAM SUPPORT 40,000
    NATIONAL LUNG CANCER PARTNERSHIP
    1 POINT PLACE 200
    MADISON,WI53719     		N/A PC PROGRAM SUPPORT 50
    UNITED WAY OF CENTRAL OKLAHOMA
    1444 NW 28TH STREET
    OKLAHOMA CITY,OK73106     		N/A PC PROGRAM SUPPORT 100
    WORCESTER ANIMAL RESCUE LEAGUE
    139 HOLDEN STREET
    WORCESTER,MA01606     		N/A PC PROGRAM SUPPORT 150
    ANIMAL RESCUE LEAGUE OF BOSTON DEDHAM BRANCH
    55 ANNAS PLACE
    DEDHAM,MA02026     		N/A PC PROGRAM SUPPORT 1,000
    BOYS AND GIRLS CLUB OF BOSTON
    35 DEER STREET
    DORCHESTER,MA02125     		N/A PC PROGRAM SUPPORT 1,000
    BROOKLINE HIGH SCHOOL
    115 GREENOUGH STREET
    BROOKLINE,MA02445     		N/A PC EDUCATION 3,750
    CALLAHAN SCHOOL
    116 GARFIELD AVENUE
    NORWOOD,MA02062     		N/A PC EDUCATION 858
    CHILDRENS MUSEUM BOSTON
    308 CONGRESS STREET
    BOSTON,MA02210     		N/A PC PROGRAM SUPPORT 1,000
    CUNNINGHAM ELEMENTARY SCHOOL
    44 EDGE HILL ROAD
    MILTON,MA02186     		N/A PC EDUCATION 859
    DEDHAM MIDDLE SCHOOL
    70 WHITING AVENUE
    DEDHAM,MA02026     		N/A PC EDUCATION 2,500
    FRANKLIN ROOSEVELT SCHOOL
    95 NEEDHAM ROAD
    HYDE PARK,MA02136     		N/A PC EDUCATION 11,800
    GLOVER SCHOOL
    MAPLE STREET
    MARBLEHEAD,MA01945     		N/A PC EDUCATION 7,190
    JOURNEY FORWARD INC
    755 DEDHAM STREET
    CANTON,MA02021     		N/A PC PROGRAM SUPPPORT 1,000
    LT PETER M HANSEN ELEMENTARY SCHOOL
    PECUNIT STREET
    CAMBRIDGE,MA02021     		N/A PC EDUCATION 1,000
    MERIDIAN ACADEMY INC
    1187 BEACON STREET
    BROOKLINE,MA02446     		N/A PC EDUCATION 2,000
    MILTON HIGH SCHOOL
    25 GILE ROAD
    MILTON,MA02186     		N/A PC EDUCATION 3,000
    NORWOOD HIGH SCHOOL
    245 NICHOLS STREET
    NORWOOD,MA02062     		N/A PC EDUCATION 10,000
    PARKSIDE INC HOSPITAL
    1620 E 12TH STREET
    TULSA,OK74120     		N/A PC HEALTH & MEDICINE 2,500
    RIVERDALE ELEMENTARY SCHOOL
    143 NEEDHAM STREET
    DEDHAM,MA02026     		N/A PC EDUCATION 5,000
    STOUGHTON YOUTH SOCCER LEAGUE
    WEST STREET
    STOUGHTON,MA02072     		N/A PC PROGRAM SUPPORT 1,000
    TUCKER ELEMENTARY SCHOOL
    187 BLUE HILLS PKWY
    MILTON,MA02186     		N/A PC EDUCATION 6,000
    URSULINE ACADEMY
    85 LOWDER STREET
    DEDHAM,MA02026     		N/A PC EDUCATION 10,000
    ST MARY OF THE HILLS SCHOOL
    250 BROOK ROAD
    MILTON,MA02186     		N/A PC EDUCATION 1,000
    ST THERESA AVILA PARISH
    10 SAINT THERESA AVENUE
    WEST ROXBURY,MA02132     		N/A PC PROGRAM SUPPORT 10,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENUE
    DALLAS,TX75231     		N/A PC PROGRAM SUPPORT 150
    CARDINAL CUSHING CENTERS INC
    405 WASHINGTON STREET
    HANOVER,MA02339     		N/A PC PROGRAM SUPPORT 2,500
    MARATHON JIMMY FUND WALK - DANA FARBA CANCER INSTITUTE
    450 BROOKLINE AVENUE
    BOSTON,MA02215     		N/A PC PROGRAM SUPPORT 116
    HILLSIDE SCHOOL PARENT TEACHER COUNCIL TRUST
    BOOTH STREET
    NEEDHAM,MA02492     		N/A PC PROGRAM SUPPORT 50
    NATIONAL PARKINSON FOUNDATION INC
    1150 NW 14 STREET 609
    MIAMI,FL33136     		N/A PC PROGRAM SUPPORT 100
    YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER BOSTON HYDE PARK YMCA
    1137 RIVER STREET
    HYDE PARK,MA02136     		N/A PC PROGRAM SUPPORT 1,600
    BISHOP FEEHAN HIGH SCHOOL
    70 HOLCOTT DRIVE
    ATTLEBORO,MA02703     		N/A PC EDUCATION 200
    CATHOLIC CHARITABLE BUREAU OF THE ARCHDIOCESE OF BOSTON INC
    51 SLEEPER STREET
    BOSTON,MA02210     		N/A PC PROGRAM SUPPORT 2,000
    JDRF INTERNATIONAL
    26 BROADWAY
    NEW YORK,NY10004     		N/A PC PROGRAM SUPPORT 150
    SMILE TRAIN INC
    41 MADISON AVENUE 28
    NEW YORK,NY10010     		N/A PC PROGRAM SUPPORT 100
    Total .................................bullet 3a 519,859
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    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....          
    3
    Interest on savings and temporary cash investments ............     		    14 258  
    4 Dividends and interest from securities....     14 91,543  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 111,580  
    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).. 0 203,381 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13203,381
    (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 (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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 (2013)
    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.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
     
    Employer identification number

    27-4283786
    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 its Form 990PF, Part I, line 2, 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) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
          		Employer identification number

    27-4283786
    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
     
     

    BLUE HILLS BANK  
    1196 RIVER STREET
     
    HYDE PARK, MA02136

    		$565,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
          		Employer identification number

    27-4283786
    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) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
          		Employer identification number

    27-4283786
    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) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
    EIN: 27-4283786
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 4,600 0   4,600

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
    EIN: 27-4283786
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY INVESTMENTS 3,880,620 3,880,620

    TY 2013 OtherExpensesSchedule
    Name:
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
    EIN: 27-4283786
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE 250 0   250
    INSURANCE 2,447 0   2,447
    FEDEX AND POSTAGE 9,847 0   9,847
    STATIONARY AND SUPPLIES 1,994 0   1,994


    TY 2013 OtherIncreasesSchedule
    Name:
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
    EIN: 27-4283786
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 527,955
    2012 FEDERAL EXCISE TAX REFUND 1,620


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    BLUE HILLS BANK CHARITABLE FOUNDATION INC
    EIN: 27-4283786
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FPFS FEES 13,549 3,387   10,162
    PROGRAM CONSULTANTS 42,511 0   42,511
    JK FEES 5,265 0   5,265
    OTHER PROFESSIONAL FEES 16,188 0   16,188