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 10-01-2013 , and ending 09-30-2014
Name of foundation
BERNARD W DOYLE TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1802   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PROVIDENCE, RI029011802
A Employer identification number

04-6008443
B Telephone number (see instructions)

(888) 866-3275
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$2,704,940J 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)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 53,154 52,370  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 240,354
b Gross sales price for all assets on line 6a 895,299
7 Capital gain net income (from Part IV, line 2)... 240,354
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)....... Click to see attachment 1,937 1  
12 Total. Add lines 1 through 11........ 295,445 292,725  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 31,727 19,036   12,691
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)....... Click to see attachment 1,250 0 0 1,250
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 224 224   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 35 19   35
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,236 19,279 0 13,976
25 Contributions, gifts, grants paid........ 158,799 158,799
26 Total expenses and disbursements. Add lines 24 and 25 192,035 19,279 0 172,775
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 103,410
b Net investment income (if negative, enter -0-) 273,446
c Adjusted net income (if negative, enter -0-)... 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.......... 13,454 34,821 34,821
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 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)........ 2,301,383 Click to see attachment2,389,751 2,670,119
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)...........     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) 2,314,837 2,424,572 2,704,940
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......... 2,314,837 2,424,572
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).................... 2,314,837 2,424,572
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,314,837 2,424,572
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 2,314,837
2 Enter amount from Part I, line 27a..................... 2 103,410
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 6,696
4 Add lines 1, 2, and 3.......................... 4 2,424,943
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 371
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,424,572
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 25. AMERICAN TOWER CORP COM   2011-04-05 2013-11-18
b 75. AMERICAN TOWER CORP COM   2010-03-05 2013-11-18
c 225. AUTOMATIC DATA PROCESSING INC   2012-01-17 2013-11-18
d 575. CISCO SYSTEMS INCORPORATED   2012-01-17 2013-11-18
e 62. COACH INC COM   2012-08-07 2013-11-18
50. COACH INC COM   2012-08-07 2013-11-18
113. COACH INC COM   2012-08-06 2013-11-18
350. COCA COLA CO COM   2012-01-17 2013-11-18
841.365 COLUMBIA ACORN INTERNATIONAL FUND CL Z   2010-11-04 2013-11-18
887.302 COLUMBIA SMALL CAP VALUE I FUND CLASS Z SHARES   2010-05-17 2013-11-18
9343.908 COLUMBIA SELECT LARGE CAP GROWTH FUND CLASS Z SHARES   2010-11-09 2013-11-18
575. CORNING INC   2012-03-08 2013-11-18
150. CULLEN FROST BANKERS INC COM   2012-01-17 2013-11-18
150. DIAMOND OFFSHORE DRILLING INC COM   2012-01-17 2013-11-18
1663.432 EAGLE SM CAP GROWTH FUND CL I   2011-09-02 2013-11-18
200. EMERSON ELEC CO   2012-01-17 2013-11-18
70.841 HARBOR INTERNATIONAL FUND INSTL CL   2011-02-16 2013-11-18
1230.517 HARBOR INTERNATIONAL FUND INSTL CL   2010-11-10 2013-11-18
2292.526 LAZARD FUNDS INC EMERGING MKTS PORTFOLIO INSTL   2010-11-10 2013-11-18
1110.354 LAZARD FUNDS INC EMERGING MKTS PORTFOLIO INSTL   2011-02-16 2013-11-18
2748.763 LAZARD FUNDS INC EMERGING MKTS PORTFOLIO INSTL   2010-05-17 2013-11-18
225. NESTLE S A SPONSORED ADR   2012-01-17 2013-11-18
250. NOVARTIS AG ADR   2012-01-17 2013-11-18
50. PNC BK CORP   2012-01-17 2013-11-18
50. PNC BK CORP   2011-10-25 2013-11-18
75. PNC BK CORP   2009-02-13 2013-11-18
175. ROCHE HLDG LTD SPONSORED ADR   2012-10-25 2013-11-18
150. SMUCKER J M CO COM NEW   2012-01-17 2013-11-18
200. STANLEY BLACK & DECKER INC COM   2012-01-17 2013-11-18
25. TJX COMPANIES INCORPORATED NEW   2011-03-11 2013-11-18
300. TJX COMPANIES INCORPORATED NEW   2010-03-05 2013-11-18
125. 3M CO COM   2012-01-17 2013-11-18
25. UNITED PARCEL SERVICE CL B   2012-01-17 2013-11-18
25. UNITED PARCEL SERVICE CL B   2011-05-13 2013-11-18
100. UNITED PARCEL SERVICE CL B   2009-04-08 2013-11-18
50. ACCENTURE PLC CL A COM   2012-01-19 2013-11-18
100. ACCENTURE PLC CL A COM   2012-01-17 2013-11-18
50. ACCENTURE PLC CL A COM   2011-08-23 2013-11-18
375. TE CONNECTIVITY LTD COM   2012-01-17 2013-11-18
CAPITAL GAIN DIVIDENDS P    
(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 1,975   1,284 691
b 5,925   3,240 2,685
c 17,413   12,556 4,857
d 12,417   11,106 1,311
e 3,358   3,563 -205
2,708   2,838 -130
6,119   6,190 -71
14,040   11,859 2,181
40,503   34,008 6,495
49,600   37,888 11,712
172,769   112,968 59,801
9,755   7,722 2,033
10,717   8,532 2,185
9,107   8,952 155
94,117   60,000 34,117
13,574   9,919 3,655
5,028   4,440 588
87,330   75,000 12,330
45,094   50,000 -4,906
21,841   22,973 -1,132
54,068   50,000 4,068
16,604   12,660 3,944
19,658   14,166 5,492
3,794   3,102 692
3,794   2,709 1,085
5,691   2,153 3,538
12,315   8,520 3,795
16,316   12,008 4,308
16,541   14,452 2,089
1,570   619 951
18,837   6,211 12,626
16,265   10,600 5,665
2,538   1,857 681
2,538   1,856 682
10,154   5,206 4,948
3,964   2,746 1,218
7,927   5,370 2,557
3,964   2,487 1,477
19,775   13,185 6,590
      25,057
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       691
b       2,685
c       4,857
d       1,311
e       -205
      -130
      -71
      2,181
      6,495
      11,712
      59,801
      2,033
      2,185
      155
      34,117
      3,655
      588
      12,330
      -4,906
      -1,132
      4,068
      3,944
      5,492
      692
      1,085
      3,538
      3,795
      4,308
      2,089
      951
      12,626
      5,665
      681
      682
      4,948
      1,218
      2,557
      1,477
      6,590
       
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 2 240,354
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 128,463 2,538,344 0.050609
2011 86,505 2,375,576 0.036414
2010 95,293 2,416,195 0.039439
2009 94,732 2,232,871 0.042426
2008 94,304 1,976,520 0.047712
2 Total of line 1, column (d) ...................... 2 0.2166
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 0.04332
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 2,701,885
5 Multiply line 4 by line 3....................... 5 117,046
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,734
7 Add lines 5 and 6......................... 7 119,780
8 Enter qualifying distributions from Part XII, line 4.............. 8 172,775
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 2,734
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 2,734
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 2,734
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 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.............. 7 800
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,934
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 2014 estimated taxBullet0 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$   (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)
    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 addressbulletNONE
    14
    The books are in care ofbulletUS TRUST FIDUCIARY TAX SERVICES Telephone no.bullet (888) 866-3275
    Located atbulletPO BOX 1802PROVIDENCERI ZIP+4bullet029011802
    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
    BANK OF AMERICA TRUSTEE
    1     		31,727    
    100 FEDERAL STREET
    BOSTON,MA02110
    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.........................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
     
    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
    135,094
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    2,734
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,734
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    132,360
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    132,360
    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
    132,360
    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 7 132,360
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 65,920
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 0
    b From 2009....... 0
    c From 2010....... 0
    d From 2011....... 0
    e From 2012....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 172,775
    a Applied to 2012, but not more than line 2a 65,920
    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..... 106,855
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		25,505
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2009.... 0
    b Excess from 2010.... 0
    c Excess from 2011.... 0
    d Excess from 2012.... 0
    e Excess from 2013.... 0
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    UMASS MEMORIAL HEALTH
    ALLIANCE HOSPITAL
    60 HOSPITAL ROAD
    LEOMINSTER,MA01453     		N/A PC UNRESTRICTED GENERAL 158,799
    Total .................................bullet 3a 158,799
    bApproved for future payment
    Total .................................bullet 3b  
    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 ............     		         
    4 Dividends and interest from securities....     14 53,154  
    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 .............     		    18 240,354  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aEXCISE TAX REFUND     1 1,937  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   295,445  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13295,445
    (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

    TY 2013 AccountingFeesSchedule
    Name:
    BERNARD W DOYLE TRUST
    EIN: 04-6008443
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE - BOA 1,250     1,250

    TY 2013 CompensationExplanation
    Name:
    BERNARD W DOYLE TRUST
    EIN: 04-6008443
    Person Name Explanation
    BANK OF AMERICA SEE FOOTNOTE

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    BERNARD W DOYLE TRUST
    EIN: 04-6008443
    Name of Stock End of Year Book Value End of Year Fair Market Value
    464287473 ISHARES RUSSELL MID- 45,861 70,000
    922908553 VANGUARD REIT ETF 159,155 174,236
    03027X100 AMERICAN TOWER CORP    
    25271C102 DIAMOND OFFSHORE DRI    
    30231G102 EXXON MOBIL CORP COM 23,619 25,864
    674599105 OCCIDENTAL PETE CORP 14,609 19,230
    806857108 SCHLUMBERGER LTD COM 12,674 20,338
    009158106 AIR PRODS & CHEMS IN 15,126 22,782
    244199105 DEERE & CO COM 11,342 12,299
    291011104 EMERSON ELEC CO COM    
    369550108 GENERAL DYNAMICS COR 12,559 22,241
    438516106 HONEYWELL INTL INC C 11,523 18,624
    854502101 STANLEY BLACK & DECK    
    88579Y101 3M CO COM    
    911312106 UNITED PARCEL SVC IN    
    189754104 COACH INC COM    
    580135101 MCDONALDS CORP COM 13,715 14,222
    872540109 TJX COS INC NEW COM    
    87612E106 TARGET CORP COM 9,984 12,536
    191216100 COCA COLA CO COM    
    50076Q106 KRAFT FOODS GROUP IN 10,108 13,141
    609207105 MONDELEZ INTL INC CO 8,127 11,136
    641069406 NESTLE S A SPONSORED    
    713448108 PEPSICO INC COM 12,747 18,618
    718172109 PHILIP MORRIS INTL I 6,507 14,595
    742718109 PROCTER & GAMBLE CO 11,059 14,655
    832696405 SMUCKER J M CO NEW C    
    071813109 BAXTER INTL INC COM 11,685 16,148
    075887109 BECTON DICKINSON & C 9,460 14,226
    478160104 JOHNSON & JOHNSON CO 11,443 18,653
    66987V109 NOVARTIS A G SPONSOR    
    771195104 ROCHE HLDG LTD SPONS    
    09247X101 BLACKROCK INC CL A 9,513 16,416
    171232101 CHUBB CORP COM 15,846 20,493
    229899109 CULLEN / FROST BANKE    
    693475105 PNC FINL SVCS GROUP    
    949746101 WELLS FARGO & CO NEW 14,789 27,232
    962166104 WEYERHAEUSER CO COM 6,622 10,355
    G1151C101 ACCENTURE PLC CL A C    
    H84989104 TE CONNECTIVITY LTD    
    037833100 APPLE INC COM 13,786 17,631
    053015103 AUTOMATIC DATA PROCE    
    17275R102 CISCO SYS INC COM    
    219350105 CORNING INC COM    
    459200101 INTERNATIONAL BUSINE 6,062 14,237
    747525103 QUALCOMM INC COM 12,116 14,954
    00078H281 ASTON MONTAG & CALDW 125,000 136,615
    269858304 EAGLE SM CAP GROWTH    
    552983694 MFS VALUE FUND CL I 125,000 164,757
    197199409 COLUMBIA ACORN FUND 103,120 147,840
    19765N245 COLUMBIA DIVIDEND IN 125,000 159,031
    19765N567 COLUMBIA SMALL CAP V    
    19765Y688 COLUMBIA SELECT LARG    
    693390700 PIMCO TOTAL RETURN F 225,246 222,176
    693390841 PIMCO HIGH YIELD FD 100,000 101,938
    722005667 PIMCO COMMODITY REAL 75,246 42,632
    008882532 INVESCO INTL GROWTH 50,000 66,356
    411511306 HARBOR INTERNATIONAL    
    52106N889 LAZARD EMERGING MKTS    
    197199813 COLUMBIA ACORN INTER    
    72201F409 PIMCO EMERGING MKT C 12,623 11,769
    1261291M7 INTERM GOVT/CREDIT B 289,164 277,835
    464287655 ISHARES RUSSELL 2000 27,806 27,338
    73935S105 POWERSHARES DB COMMO 27,234 24,962
    921943858 VANGUARD FTSE DEVELO 48,464 46,706
    922042858 VANGUARD FTSE EMERGI 69,711 68,822
    207543877 SMALL CAP GROWTH LEA 28,326 27,677
    29099J109 EMERGING MARKETS STO 69,240 73,008
    303995997 SMALL CAP VALUE CTF 28,702 28,752
    99Z466163 HIGH QUALITY CORE CO 86,287 89,106
    99Z466197 INTERNATIONAL FOCUSE 144,509 151,812
    99Z501647 STRATEGIC GROWTH COM 139,036 146,125

    TY 2013 OtherDecreasesSchedule
    Name:
    BERNARD W DOYLE TRUST
    EIN: 04-6008443
    Description Amount
    PARTNERSHIP TRANSACTION ADJUSTMENT 160
    SALES GAIN/LOSS ADJUSTMENT 211


    TY 2013 OtherExpensesSchedule
    Name:
    BERNARD W DOYLE TRUST
    EIN: 04-6008443
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER CHARITABLE EXPENSES 35 0   35
    PARTNERSHIP EXPENSES   19   0


    TY 2013 OtherIncomeSchedule2
    Name:
    BERNARD W DOYLE TRUST
    EIN: 04-6008443
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EXCISE TAX REFUND 1,937 0  
    PARTNERSHIP INCOME   1  


    TY 2013 OtherIncreasesSchedule
    Name:
    BERNARD W DOYLE TRUST
    EIN: 04-6008443
    Description Amount
    CTF COST ADJUSTMENT 6,695
    ROUNDING 1


    TY 2013 TaxesSchedule
    Name:
    BERNARD W DOYLE TRUST
    EIN: 04-6008443
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 56 56   0
    FOREIGN TAXES ON QUALIFIED FOR 145 145   0
    FOREIGN TAXES ON NONQUALIFIED 23 23   0