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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
ROCKLAND TRUST CHARITABLE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)288 UNION STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKLAND, MA02370
A Employer identification number

20-2668833
B Telephone number (see instructions)

(781) 982-6100
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$7,059,788J 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
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 155,226 155,226  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -16,880
b Gross sales price for all assets on line 6a 765,520
7 Capital gain net income (from Part IV, line 2)... 765,520
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........ 138,346 920,746  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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 3,575 900   2,675
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,778 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 43,405 0   43,405
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 52,758 900   46,080
25 Contributions, gifts, grants paid........ 349,740 349,740
26 Total expenses and disbursements. Add lines 24 and 25 402,498 900   395,820
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -264,152
b Net investment income (if negative, enter -0-) 919,846
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 86,291 635,395 635,395
2 Savings and temporary cash investments.......... 133,925 103,068 103,068
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)........ 6,558,859 Click to see attachment6,321,325 6,321,325
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) 6,779,075 7,059,788 7,059,788
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................. 575 575
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).......... 575 575
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 6,778,500 7,059,213
30 Total net assets or fund balances (see instructions)...... 6,778,500 7,059,213
31 Total liabilities and net assets/fund balances (see instructions).. 6,779,075 7,059,788
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 6,778,500
2 Enter amount from Part I, line 27a..................... 2 -264,152
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 544,865
4 Add lines 1, 2, and 3.......................... 4 7,059,213
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 7,059,213
Form 990-PF (2014)
Form 990-PF (2014)
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 4000 SH INDEPENDENT BANK D 2005-04-26 2014-08-22
b 2000 SH INDEPENDENT BANK D 2005-04-26 2014-08-25
c 2000 SH INDEPENDENT BANK D 2005-04-26 2014-08-26
d 2000 SH INDEPENDENT BANK D 2005-04-26 2014-08-27
e 2000 SH INDEPENDENT BANK D 2005-04-26 2014-10-30
2000 SH INDEPENDENT BANK D 2005-04-26 2014-10-31
2000 SH INDEPENDENT BANK D 2005-04-26 2014-04-03
2000 SH INDEPENDENT BANK D 2005-04-26 2014-04-04
2000 SH INDEPENDENT BANK D 2005-04-26 2014-04-05
(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 145,604     145,604
b 73,419     73,419
c 73,419     73,419
d 73,599     73,599
e 79,285     79,285
80,304     80,304
80,895     80,895
79,616     79,616
79,379     79,379
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       145,604
b       73,419
c       73,419
d       73,599
e       79,285
      80,304
      80,895
      79,616
      79,379
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 2 765,520
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 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))
2013 303,843 5,990,225 0.050723
2012 267,776 5,134,038 0.052157
2011 170,913 4,871,050 0.035088
2010 168,937 4,461,880 0.037862
2009 158,031 3,897,906 0.040543
2 Total of line 1, column (d) ...................... 2 0.216373
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 0.043275
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 6,441,184
5 Multiply line 4 by line 3....................... 5 278,742
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 9,198
7 Add lines 5 and 6......................... 7 287,940
8 Enter qualifying distributions from Part XII, line 4.............. 8 395,820
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 (2014)
Form 990-PF (2014)
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 9,198
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 9,198
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 9,198
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 4,500
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,500
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4,698
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 2015 estimated taxBullet   RefundedBullet 11  
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 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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletWWW.ROCKLANDTRUST.COM
    14
    The books are in care ofbulletJEANNE TRAVERS Telephone no.bullet (781) 982-6637
    Located atbullet58 MAIN STREETFRANKLINMA ZIP+4bullet02038
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 instructions)? ........
    1b
     
     
    .........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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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
     
    No
    .........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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    THOMAS R VENABLES PRESIDENT/DIRECTOR
    1.00     		0 0 0
    288 UNION STREET
    ROCKLAND,MA02370
    JANE LUNDQUIST TREASURER/DIR
    1.00     		0 0 0
    288 UNION STREET
    ROCKLAND,MA02370
    JEFFREY SMITH DIRECTOR
    1.00     		0 0 0
    288 UNION STREET
    ROCKLAND,MA02370
    ARTHUR VIANA DIRECTOR
    1.00     		0 0 0
    288 UNION STREET
    ROCKLAND,MA02370
    JEANNE L TRAVERS CLERK (NONVOTING)
    5.00     		0 0 0
    288 UNION STREET
    ROCKLAND,MA02370
    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 (2014)
    Form 990-PF (2014)
    Page 8
    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 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
    6,162,832
    b
    Average of monthly cash balances.......................
    1b
    376,441
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,539,273
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,539,273
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    98,089
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,441,184
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    322,059
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    322,059
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    9,198
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,198
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    312,861
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    312,861
    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
    312,861
    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
    395,820
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    395,820
    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
    9,198
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    386,622
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 312,861
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012....... 17,362
    e From 2013....... 13,288
    fTotal of lines 3a through e......... 30,650
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 395,820
    a Applied to 2013, 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 2014 distributable amount..... 312,861
    e Remaining amount distributed out of corpus 82,959
    5 Excess distributions carryover applied to 2014. 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 5 113,609
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		113,609
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012.... 17,362
    d Excess from 2013.... 13,288
    e Excess from 2014.... 82,959
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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:
    JEANNE TRAVERS
    288 UNION STREET
    ROCKLAND,MA02370
    (781) 982-6637
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS AVAILABLE AT 288 UNION STREET, ROCKLAND, MA 02370.
    cAny submission deadlines:
    SEE APPLICATIONS FOR VARIOUS DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    DONATIONS WILL BE MADE TO 501(C)(3) ORGANIZATIONS THAT SUPPORT CAUSES AND COMMUNITY DEVELOPMENT ACTIVITIES IN THE COMMUNITIES SERVED BY THE FORMER BENJAMIN FRANKLIN BANK (CURRENTLY ROCKLAND TRUST), SPECIFICALLY, IN THE COMMUNITIES OF: BELLINGHAM, BLACKSTONE, FOXBORO, FRANKLIN, HOPEDALE, MEDFIELD, MEDWAY, MENDON, MILFORD, MILLIS, NEWTON, NORFOLK, WALTHAM AND WRENTHAM, MASSACHUSETTS. ALSO TO PROVIDE ASSISTANCE TO COMMUNITY AND GOVERNMENTAL ORGANIZATIONS WITHIN THE NAMED COMMUNITIES. IN ADDITION, SCHOLARSHIPS MAY BE AWARDED TO SCHOOLS WITHIN THE ABOVE-NAMED COMMUNITIES.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    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
    UNDERSTANDING OUR DIFFERENCES
    100 WALNUT STREET
    NEWTON,MA02460     		N/A 501C3 GRANT 22,500
    AMERICAN CONSUMER CREDIT COUNSELING
    130 RUMFORD AVENUE
    AUBURNDALE,MA02466     		N/A 501C3 GRANT 22,500
    DEAN COLLEGE
    99 MAIN STREET
    FRANKLIN,MA02038     		N/A 501C3 BERENSON CENTER FOR MATHEMATICS GRANT 20,000
    NEW HOPE
    140 PARK STREET
    ATTLEBORO,MA02703     		N/A 501C3 FRANKLIN SHELTER GRANT 20,000
    EDCO COLLABORATIVE
    281 WINTER STREET
    WALTHAM,MA02451     		N/A 501C3 THERAPEUTIC PROGRAM GRANT 20,000
    FRANCISCAN HOSPITAL FOR CHILDREN
    30 WARREN STREET
    BRIGHTON,MA02135     		N/A 501C3 GRANT 20,000
    NEWBURY COLLEGE
    129 FISHER AVENUE
    BROOKLINE,MA02445     		N/A 501C3 SCHOLARSHIP GALA SPONSOR 10,000
    NEWTON SCHOOLS FOUNDATION
    100 WALNUT STREET
    NEWTON,MA02460     		N/A 501C3 2014 GALA 10,000
    NEWTON COMMUNITY SERVICE CENTER
    492 WALTHAM STREET
    W NEWTON,MA02465     		N/A 501C3 PROGRAM GRANT 10,000
    COMMUNITY DAY CENTER OF WALTHAM
    PO BOX 541066
    WALTHAM,MA02454     		N/A 501C3 KITCHEN RENOVATION PROJECT 10,000
    REACH BEYOND DOMESTIC VIOLENCE
    PO BOX 540024
    WALTHAM,MA02454     		N/A 501C3 GALA SPONSOR 10,000
    GREATER WALTHAM ARC
    56 CHESTNUT STREET
    NEWTON,MA02453     		N/A 501C3 GRANT 10,000
    HMEA
    8 FORGE PARK EAST
    FRANKLIN,MA02038     		N/A 501C3 INDEPENDENCE 5K SPONSOR 7,500
    THE ARC OF SOUTH NORFOLK
    789 CLAPBOARDTREE STREET
    WESTWOOD,MA02090     		N/A 501C3 RODMAN RIDE FOR KIDS SPONSOR 7,500
    ELLIE FUND
    475 HILLSIDE AVENUE
    NEEDHAM,MA02494     		N/A 501C3 SPONSORSHIP 7,500
    THE EDINBURG CENTER
    1040 WALTHAM STREET
    LEXINGTON,MA02421     		N/A 501C3 WALTHAM JAIL DIVERSION PROGRAM GRANT 5,000
    HOCKOMOCK AREA YMCA
    300 ELMWOOD STREET
    NORTH ATTLEBORO,MA02760     		N/A 501C3 FOXBORO SPONSORSHIP 5,000
    HOSPICE OF THE GOOD SHEPHERD
    90 WELLS AVENUE
    NEWTON,MA02459     		N/A 501C3 SPONSORSHIP 5,000
    HISTORIC NEWTON
    527 WASHINGTON STREET
    NEWTON,MA02458     		N/A 501C3 SPONSORSHIP 5,000
    SENSEABILITY GYM
    PO BOX 77
    HOPEDALE,MA01747     		N/A 501C3 GRANT 5,000
    HOME FOR LITTLE WANDERERS WALTHAM HOUSE
    271 HUNTINGTON AVENUE
    BOSTON,MA02115     		N/A 501C3 WALTHAM HOUSE GRANT 4,500
    PROJECT SMILE
    PO BOX 336
    HOPEDALE,MA01747     		N/A 501C3 PROGRAM GRANT 4,000
    THE BARRY L PRICE REHABILITATION CENTER
    77 ROWE STREET SUITE 200
    NEWTON,MA02466     		N/A 501C3 SPONSORSHIP 3,000
    JACKSON-WALNUT PARK SCHOOL
    71 WALNUT PARK
    NEWTON,MA02458     		N/A 501C3 GALA SPONSOR 2,500
    AMANDA LEELAND
    980 SOUTH MAIN STREET
    BELLINGHAM,MA02019     		N/A NONE SCHOLARSHIP - BELLINGHAM HIGH 2,500
    A J BOTTOMS
    74 PARK STREET
    MENDON,MA01756     		N/A NONE SCHOLARSHIP - BLACKSTONE VALLEY TECH 2,500
    ALEXA DEMASSE
    27 C BROOKFIELD DRIVE
    GROTON,MA01450     		N/A NONE SCHOLARSHIP - LEARNING PREP 2,500
    MELANIE MARTINS
    9 JULIAN LANE
    MILFORD,MA01757     		N/A NONE SCHOLARSHIP - MILFORD HIGH 2,500
    KEARA DEROSE
    48 ROBERT BATCHELDER DRIVE
    N ATTLEBORO,MA02760     		N/A NONE SCHOLARSHIP - TRI COUNTY HIGH 2,500
    COLLEEN MCLOUGHLIN
    7 MOHAVE ROAD
    MEDFIELD,MA02052     		N/A NONE SCHOLARSHIP - MEDFIELD HIGH 2,500
    MADDIE CHAMBERS
    90 POND STREET
    WALTHAM,MA02451     		N/A NONE SCHOLARSHIP - WALTHAM HIGH 2,500
    CAN-DO
    1075 WASHINGTON STREET
    WEST NEWTON,MA02465     		N/A 501C3 GALA SPONSOR 2,500
    MIKEY JIMENEZ
    1532 HYDE PARK AVENUE
    HYDE PARK,MA02136     		N/A NONE SCHOLARSHIP - NEWTON NORTH HIGH 2,500
    OLIVIA BRADLEY
    15 ADAMS STREET
    FOXBOROUGH,MA02035     		N/A NONE SCHOLARSHIP - FOXBOROUGH HIGH 2,500
    TAMSYN WITHERS
    237 CONLYN AVENUE
    FRANKLIN,MA02038     		N/A NONE SCHOLARSHIP - FRANKLIN HIGH 2,500
    UNDERSTANDING OUR DIFFERENCES
    100 WALNUT STREET
    NEWTON,MA02460     		N/A 501C3 GALA SPONSOR 2,500
    DEAN COLLEGE
    99 MAIN STREET
    FRANKLIN,MA02038     		N/A NONE SCHOLARSHIP - DEAN COLLEGE 2,500
    MILFORD REGIONAL HEALTHCARE FOUNDATION
    14 PROSPECT STREET
    MILFORD,MA01757     		N/A 501C3 GOLF TOURNAMENT SPONSOR 2,500
    MEDFIELD FOUNDATION
    3 ALDER ROAD
    MEDFIELD,MA02052     		N/A 501C3 ART IN PUBLIC PLACES DONATION 2,500
    CHESTERBROOK COMMUNITY FOUNDATION
    22 BROOKWAY ROAD
    WALTHAM,MA02452     		N/A 501C3 DANA COURT LEARNING CENTER GRANT 2,500
    SEVEN HILLS FOUNDATION
    81 HOPE AVENUE
    WORCESTER,MA01603     		N/A 501C3 ASPIRE PROGRAM MILFORD 2,500
    NEWTON WELLESLEY WESTON COMMITTEE FOR COMMUNITY LIVING
    1301 CENTRE STREET
    NEWTON,MA02459     		N/A 501C3 AUTUMN AUCTION SPONSOR 2,500
    MEDFIELD COALITION FOR PUBLIC EDUCATION
    PO BOX 452
    MEDFIELD,MA02052     		N/A 501C3 SPONSORSHIP 2,500
    FACING CANCER TOGETHER
    PO BOX 600666
    NEWTON,MA02460     		N/A 501C3 GRANT 2,500
    GREATER WALTHAM ARC
    56 CHESTNUT STREET
    WALTHAM,MA02453     		N/A 501C3 HARVEST BREAKFAST SPONSOR 2,000
    WOMEN'S ENTERPRISE INITIATIVE
    1000 COMMONWEALTH AVENUE
    NEWTON,MA02459     		N/A 501C3 SPONSORSHIP 2,000
    WALTHAM YMCA
    725 LEXINGTON STREET
    WALTHAM,MA02452     		N/A 501C3 ANNUAL FUND GRANT 1,650
    ALTERNATIVES
    50 DOUGLAS ROAD
    WHITINSVILLE,MA01588     		N/A 501C3 5K SPONSORSHIP 1,500
    MOUNT IDA COLLEGE
    777 DEDHAM STREET
    NEWTON,MA02459     		N/A 501C3 FASHION SHOW SPONSOR 1,500
    OLD COLONY HABITAT FOR HUMANITY
    PO BOX 100
    ATTLEBORO,MA02703     		N/A 501C3 BRUSH WITH KINDNESS PROGRAM 1,500
    KENNEDY-DONOVAN CENTER
    ONE COMMERCIAL STREET
    FOXBOROUGH,MA02035     		N/A 501C3 SPRING CELEBRATION SPONSOR 1,250
    MANTER MARK
    PO BOX 205
    FALMOUTH,MA02541     		N/A 501C3 WALTHAM, FOXBORO, MILFORD LIBRARIES 1,087
    DOOLITTLE HOME
    16 BIRD STREET
    FOXBOROUGH,MA02035     		N/A 501C3 DONATION 1,000
    FRANKLIN & BELLINGHAM RAIL TRAIL COMMITTEE
    360 OAK STREET
    FRANKLIN,MA02038     		N/A 501C3 5K SPONSORSHIP 1,000
    FRIENDS OF THE NEWTON FREE LIBRARY
    330 HOMER STREET
    NEWTON,MA02459     		N/A 501C3 GALA SPONSOR 1,000
    WALTHAM BOYS & GIRLS CLUB
    20 EXCHANGE STREET
    WALTHAM,MA02451     		N/A 501C3 GALA SPONSOR 1,000
    WALTHAM ARTS COUNCIL
    119 SCHOOL STREET
    WALTHAM,MA02451     		N/A 501C3 CONCERT ON THE COMMON SPONSOR 1,000
    FRIENDS OF THE NORFOLK PUBLIC LIBRARY
    139 MAIN STREET
    NORFOLK,MA02056     		N/A 501C3 BOOK SALE SPONSOR 1,000
    LINCOLN ELIOT ELEMENTARY SCHOOL
    191 PEARL STREET
    NEWTON,MA02458     		N/A 501C3 CROSSROADS FOR KIDS SPONSOR 1,000
    SPRINGWELL
    307 WAVERLY OAKS ROAD
    WALTHAM,MA02452     		N/A 501C3 MONEY MANAGEMENT PROGRAM GRANT 1,000
    BIKE NEWTON
    497 CHESTNUT STREET
    WABAN,MA02468     		N/A 501C3 TOUR DE NEWTON SPONSOR 1,000
    TOWN OF BELLINGHAM
    10 MECHANIC STREET
    BELLINGHAM,MA02019     		N/A 501C3 4TH OF JULY CELEBRATION SPONSOR 1,000
    NEWTON-WELLESLEY HOSPITAL CHARITABLE FOUNDATION
    2014 WASHINGTON STREET
    NEWTON,MA02462     		N/A 501C3 HOPEWALKS SPONSOR 1,000
    THE SECOND STEP
    PO BOX 600213
    NEWTON,MA02460     		N/A 501C3 PROGRAM GRANT 1,000
    NEIGHBORS WHO CARE
    174 MOODY STREET
    WALTHAM,MA02453     		N/A 501C3 PROGRAM GRANT 1,000
    FRANKLIN ART ASSOCIATION
    PO BOX 289
    FRANKLIN,MA02038     		N/A 501C3 FALL ART FAIR SPONSOR 1,000
    MEDFIELD FOUNDATION
    459 MAIN STREET
    MEDFIELD,MA02052     		N/A 501C3 SPONSORSHIP 1,000
    GREATER MILFORD BALLET ASSOCIATION
    28 BELLINGHAM STREET
    MENDON,MA01756     		N/A 501C3 SPONSORSHIP 1,000
    SANTA FOUNDATION
    ONE JOY STREET
    FRANKLIN,MA02039     		N/A 501C3 GRANT 1,000
    FOXBORO DISCRETIONARY FUND
    35 NEPONSET AVENUE
    FOXBOROUGH,MA02035     		N/A 501C3 GRANT 1,000
    WALTHAM BOYS & GIRLS CLUB
    20 EXCHANGE STREET
    WALTHAM,MA02451     		N/A 501C3 GRANT 1,000
    WALTHAM PARTNERSHIP FOR YOUTH
    510 MOODY STREET
    WALTHAM,MA02453     		N/A 501C3 GRANT 1,000
    FRIENDS OF THE FRANKLIN LIBRARY
    118 MAIN STREET
    FRANKLIN,MA02038     		N/A 501C3 GRANT 1,000
    FRANKLIN MUSIC BOOSTERS
    PO BOX 492
    FRANKLIN,MA02038     		N/A 501C3 GRANT 1,000
    BEN SPEAKS LOUDER THAN WORDS
    PO BOX 173
    MEDWAY,MA02053     		N/A 501C3 GRANT 1,000
    JEWISH COMMUNITY CENTERS OF GREATER BOSTON
    333 NAHATAN STREET
    NEWTON,MA02459     		N/A 501C3 GRANT 1,000
    MEDFIELD FOOD CUPBOARD
    496 MAIN STREET
    MEDFIELD,MA02052     		N/A 501C3 GRANT 1,000
    FRIENDS OF FRANKLIN ELDERS
    10 DANIEL MCCAHILL STREET
    FRANKLIN,MA02038     		N/A 501C3 PROGRAM GRANT 800
    NEWTON NORTH TIGERS ATHLETIC BOOSTERS CLUB
    PO BOX 600405
    NEWTON,MA02460     		N/A 501C3 FUNDRAISER SPONSOR 595
    THE SECOND STEP
    PO BOX 600213
    NEWTON,MA02460     		N/A 501C3 STEP UP TO THE PLATE SPONSOR 550
    RANDOM SMILE PROJECT
    PO BOX 13
    FRANKLIN,MA02038     		N/A 501C3 GALA SPONSOR 500
    READ TO A CHILD
    125 SUMMER STREET SUITE 325
    BOSTON,MA02110     		N/A 501C3 WALTHAM SCHOOLS SPONSORSHIP 500
    JEFFERSON ELEMENTARY SCHOOL PCC
    8 TIA PLACE
    FRANKLIN,MA02038     		N/A 501C3 FUNDRAISER SPONSOR 500
    KING'S WOOD MONTESSORI SCHOOL
    12 GILMORE STREET
    FOXBOROUGH,MA02035     		N/A 501C3 FUNDRAISER SPONSOR 500
    WALTHAM PARTNERSHIP FOR YOUTH
    510 MOODY STREET
    WALTHAM,MA02453     		N/A 501C3 LINKING EDUCATION/BUSINESS 500
    FRANKLIN 4TH OF JULY COALITION
    PO BOX 152
    FRANKLIN,MA02038     		N/A 501C3 4TH OF JULY CELEBRATION SPONSOR 500
    WILLIAM F STANLEY ELEMENTARY SCHOOL PTO
    C/O 738 MAIN STREET NO 400
    WALTHAM,MA02451     		N/A 501C3 FIELD DAY SPONSOR 500
    PARMENTER ELEMENTARY SCHOOL PCC
    39 WAMPANOAG DRIVE
    FRANKLIN,MA02038     		N/A 501C3 PROGRAM GRANT 500
    JOHN F KENNEDY SCHOOL PCC
    551 POND STREET
    FRANKLIN,MA02038     		N/A 501C3 5K SPONSORSHIP 500
    FRIENDS OF THE WALTHAM PUBLIC LIBRARY
    735 MAIN STREET
    WALTHAM,MA02451     		N/A 501C3 ANNIVERSARY SPONSOR 500
    COMMUNITY DAY CENTER OF WALTHAM
    PO BOX 541066
    WALTHAM,MA02454     		N/A 501C3 SPONSORSHIP 500
    LIVEARTS
    50 ASYLUM STREET
    MENDON,MA01756     		N/A 501C3 SPONSORSHIP 500
    GORE PLACE
    52 GORE STREET
    WALTHAM,MA02453     		N/A 501C3 PROGRAM GRANT 500
    REAGLE MUSIC THEATRE
    617 LEXINGTON STREET
    WALTHAM,MA02452     		N/A 501C3 SPONSORSHIP 500
    ADVOCATES INC
    515 WALNUT STREET
    NEWTON,MA02460     		N/A 501C3 GRANT 500
    FRIENDS OF THE MILFORD TOWN LIBRARY
    PO BOX 135
    MILFORD,MA01757     		N/A 501C3 GRANT 500
    MILFORD DAILY BREAD FOOD PANTRY
    21 EXCHANGE STREET
    MILFORD,MA01757     		N/A 501C3 GRANT 500
    FRANKLIN CHILDREN'S SCHOOL
    900 CHESTNUT STREET
    FRANKLIN,MA02038     		N/A 501C3 FALL FAIR SPONSOR 400
    FOXBORO LIONS CLUB
    PO BOX 446
    FOXBOROUGH,MA02035     		N/A 501C3 FOUNDERS DAY TOURNAMENT SPONSOR 350
    BELLINGHAM GIRLS LACROSSSE BOOSTER CLUB
    85 WETHERSFIELD ROAD
    BELLINGHAM,MA02019     		N/A 501C3 5K SPONSORSHIP 300
    FRANKLIN EDUCATION FOUNDATION
    PO BOX 531
    FRANKLIN,MA02038     		N/A 501C3 TRIVIA BEE SPONSOR 300
    MEDFIELD YOUTH BASEBALL & SOFTBALL
    4 MONKS WAY
    MEDFIELD,MA02052     		N/A 501C3 SEASON SPONSOR 300
    MILFORD SPECIAL OLYMPICS
    31 WEST FOUNTAIN STREET
    MILFORD,MA01757     		N/A 501C3 5K SPONSORSHIP 300
    MILFORD ROTARY CLUB
    PO BOX 142
    MILFORD,MA01757     		N/A 501C3 SPONSORSHIP 300
    MEMORIAL & WHEELOCK CSA
    59 ADAMS STREET
    MEDFIELD,MA02052     		N/A 501C3 WINTER CARNIVAL SPONSOR 250
    MILFORD LEGION BASEBALL CLUB
    PO BOX 585
    MILFORD,MA01757     		N/A 501C3 SEASON SPONSOR 250
    FRANKLIN GRIDIRON CLUB
    PO BOX 262
    FRANKLIN,MA02038     		N/A 501C3 GOLF TOURNAMENT SPONSOR 250
    NEWTON COMMUNITY PRIDE
    1000 COMMONWEALTH AVENUE
    NEWTON,MA02459     		N/A 501C3 YOUNG MUSICIANS COMPETITION SPONSOR 250
    FRIENDS OF WRENTHAM
    PO BOX 144
    WRENTHAM,MA02093     		N/A 501C3 GRANT 250
    MANTER MARK
    PO BOX 205
    FALMOUTH,MA02541     		N/A 501C3 BELLINGHAM LIBRARY 218
    BELLINGHAM HIGH SCHOOL HOCKEY BOOSTER CLUB
    PO BOX 711
    BELLINGHAM,MA02019     		N/A 501C3 SPONSORSHIP 195
    BELLINGHAM HIGH SCHOOL BASKETBALL BOOSTER CLUB
    60 BLACKSTONE STREET
    BELLINGHAM,MA02019     		N/A 501C3 SPONSORSHIP 195
    CHARLES RIVER CHORALE
    PO BOX 406
    MILLIS,MA02054     		N/A 501C3 SPONSORSHIP 175
    FRANKLIN MUSIC BOOSTERS
    PO BOX 492
    FRANKLIN,MA02038     		N/A 501C3 SPONSORSHIP 125
    FRANKLIN HIGH SCHOOL ALL NIGHT PARTY
    PO BOX 15
    FRANKLIN,MA02038     		N/A 501C3 SPONSORSHIP 100
    BELLINGHAM YOUTH BASKETBALL ASSOCIATION
    PO BOX 478
    BELLINGHAM,MA02019     		N/A 501C3 SEASON SPONSOR 100
    BELLINGHAM LIONS CLUB
    PO BOX 382
    BELLINGHAM,MA02019     		N/A 501C3 SPONSORSHIP 100
    FRIENDS OF HISTORIC HOPEDALE
    PO BOX 302
    HOPEDALE,MA01747     		N/A 501C3 OKTOBERFEST SPONSOR 100
    MILFORD BSA TROOP 2
    22 GRANT STREET
    MILFORD,MA01757     		N/A 501C3 AUCTION SPONSOR 100
    BELLINGHAM COUNCIL ON AGING
    40 BLACKSTONE STREET
    BELLINGHAM,MA02019     		N/A 501C3 SPONSORSHIP 100
    WALTHAM HIGH SCHOOL ALL NIGHT PARTY
    617 LEXINGTON STREET
    WALTHAM,MA02452     		N/A 501C3 SPONSORSHIP 100
    HOPEDALE JR SR HIGH SCHOOL
    25 ADIN STREET
    HOPEDALE,MA01747     		N/A 501C3 AFTER PROM SPONSOR 50
    STEPS OFF BROADWAY
    799 S MAIN STREET
    BELLINGHAM,MA02019     		N/A 501C3 AD SPONSOR 50
    MILFORD HIGH SCHOOL
    11 TREELAND DRIVE
    MILFORD,MA01757     		N/A 501C3 AFTER PROM SPONSOR 50
    STEPS OFF BROADWAY
    799 SOUTH MAIN STREET
    BELLINGHAM,MA02019     		N/A 501C3 SPONSORSHIP 50
    Total .................................bullet 3a 349,740
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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....     14 155,226  
    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 -16,880  
    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).. 0 138,346 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13138,346
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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 (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    ROCKLAND TRUST CHARITABLE FOUNDATION
    EIN: 20-2668833
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BLUM SHAPIRO TAX RETURN PREP 3,575 900   2,675

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    ROCKLAND TRUST CHARITABLE FOUNDATION
    EIN: 20-2668833
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INDEPENDENT BANK CORP MASSACHUSETTS 6,321,325 6,321,325

    TY 2014 OtherExpensesSchedule
    Name:
    ROCKLAND TRUST CHARITABLE FOUNDATION
    EIN: 20-2668833
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE EXPENSES 13,000 0   13,000
    MA FILING FEES 85 0   85
    MISCELLANEOUS EXPENSE 320 0   320
    TPI ENGAGEMENT 30,000 0   30,000


    TY 2014 OtherIncreasesSchedule
    Name:
    ROCKLAND TRUST CHARITABLE FOUNDATION
    EIN: 20-2668833
    Description Amount
       


    TY 2014 TaxesSchedule
    Name:
    ROCKLAND TRUST CHARITABLE FOUNDATION
    EIN: 20-2668833
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 5,778 0   0