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
COGSWELL BENEVOLENT TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)1001 ELM STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MANCHESTER, NH03101
A Employer identification number

02-0235690
B Telephone number (see instructions)

(603) 622-4013
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$35,337,857J 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 432    
4 Dividends and interest from securities...... 1,045,140 1,045,140  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,047,724
b Gross sales price for all assets on line 6a 15,858,591
7 Capital gain net income (from Part IV, line 2)... 1,047,724
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........ 2,093,296 2,092,864  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 75,000 37,500   37,500
14 Other employee salaries and wages...... 27,100 14,700   14,700
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,425 5,712   5,713
c Other professional fees (attach schedule).... Click to see attachment 158,332 158,332   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 105,414 8,377   1,037
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 5,842 2,921   2,921
21 Travel, conferences, and meetings....... 1,200 600   600
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 29,408 18,732   10,676
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 413,721 246,874   73,147
25 Contributions, gifts, grants paid........ 1,500,035 1,500,035
26 Total expenses and disbursements. Add lines 24 and 25 1,913,756 246,874   1,573,182
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 179,540
b Net investment income (if negative, enter -0-) 1,845,990
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............... 1,035,278 866,824 866,824
2 Savings and temporary cash investments..........      
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)........ 20,144,930 Click to see attachment19,450,463 25,307,712
c Investments—corporate bonds (attach schedule)........ 7,977,473 Click to see attachment9,079,869 9,163,321
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) 29,157,681 29,397,156 35,337,857
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................   59,935
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 59,935
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......... 29,157,681 29,337,221
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)...... 29,157,681 29,337,221
31 Total liabilities and net assets/fund balances (see instructions).. 29,157,681 29,397,156
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 29,157,681
2 Enter amount from Part I, line 27a..................... 2 179,540
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 29,337,221
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 29,337,221
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 RBC - 23312 P    
b RBC - 23312 P    
c RBC - 61575 P    
d RBC - 61575 P    
e RBC - 19012 P    
RBC - 19012 P    
RBC - 19012 P    
RBC - 19012 P    
RBC - 49338 P    
RBC - 27112 P    
RBC - 27112 P    
RBC - 27112 P    
RBC - 19012 CAP GAIN DIST P    
RBC - 49338 WASH SALE P    
RBC - 49338 I SHARES P    
RBC - 27112 BASIS ADJUSTMENTS P    
RBC - 19012 BASIS ADJUSTMENTS 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 33,503   34,811 -1,308
b 242,154   184,024 58,130
c 4,480,407   4,300,666 179,741
d 518,572   390,516 128,056
e 1,200,000   1,199,959 41
3,240,463   2,510,386 730,077
167,667   156,718 10,949
607,881   612,901 -5,020
4,755,225   4,837,455 -82,230
312,339   297,227 15,112
178,455   181,741 -3,286
71,485   71,289 196
22,711     22,711
5,055     5,055
22,674     22,674
    1,162 -1,162
    32,012 -32,012
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       -1,308
b       58,130
c       179,741
d       128,056
e       41
      730,077
      10,949
      -5,020
      -82,230
      15,112
      -3,286
      196
      22,711
      5,055
      22,674
      -1,162
      -32,012
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 1,047,724
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 1,496,503 34,494,824 0.043383
2012 1,372,867 30,424,244 0.045124
2011 1,345,109 29,679,263 0.045322
2010 1,215,815 26,921,777 0.045161
2009 1,466,235 24,314,507 0.060303
2 Total of line 1, column (d) ...................... 2 0.239293
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 0.047859
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 32,934,179
5 Multiply line 4 by line 3....................... 5 1,576,197
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 18,460
7 Add lines 5 and 6......................... 7 1,594,657
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,573,182
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 36,920
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 36,920
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 36,920
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 41,958
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 41,958
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,038
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet5,038 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 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)
    bulletNH
    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 addressbulletN/A
    14
    The books are in care ofbulletCHARLES GOODWIN Telephone no.bullet (603) 622-4013
    Located atbullet1001 ELM STREETMANCHESTERNH ZIP+4bullet031011828
    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
    CHARLES GOODWIN TRUSTEE
    20.00     		25,000 0 0
    433 N BAY STREET
    MANCHESTER,NH03104
    PETER KACHAVOS TRUSTEE
    20.00     		25,000 0 0
    412 ARAH STREET
    MANCHESTER,NH03104
    MARK NORTHRIDGE TRUSTEE
    20.00     		25,000 0 0
    344 DREW HILL ROAD
    ALTON,NH03809
    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
    31,749,275
    b
    Average of monthly cash balances.......................
    1b
    1,686,440
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    33,435,715
    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
    33,435,715
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    501,536
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    32,934,179
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,646,709
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,646,709
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    36,920
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,920
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,609,789
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,609,789
    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
    1,609,789
    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
    1,573,182
    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
    1,573,182
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,573,182
    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 1,609,789
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 1,566,759
    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.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,573,182
    a Applied to 2013, but not more than line 2a 1,566,759
    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..... 6,423
    e Remaining amount distributed out of corpus 0
    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 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 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 ..........     		1,603,366
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    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
    1929-09-28
    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:
    COGSWELL BENEVOLENT TRUST
    1001 ELM STREET
    MANCHESTER,NH03101
    (603) 622-4013
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION WITH COPY OF 501(C)(3) DETERMINATION LETTER
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    90% OF AWARDS HAVE TO STAY IN NEW HAMPSHIRE PER TRUST DOCUMENT
    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
    3S ARTSPACE
    319 VAUGHAN STREET
    PORTSMOUTH,NH03801     		NONE 501(C)(3) WAREHOUSE BUILD OUT & FIT-UP $3.3 MILLION CAPITAL CAMPAIGN 25,000
    A CHILD'S NATURE CARE & EDUCATION
    77 PINE HILL DRIVE
    WILTON,NH03086     		NONE 501(C)(3) SAFETY IMPROVEMENTS TO OUTDOOR PLAY YARD 4,250
    ALCHEMISTS WORKSHOP
    PO BOX 658
    HENNIKER,NH03242     		NONE 501(C)(3) MAKE A FILM RESEARCHED & ACTED BY AREA YOUTH UNDER THE DIRECTION OF DARTMOUTH COLLEGE'S FILM DIVISION 1,600
    ALTON COMMUNITY SERVICES
    MAIN STREET
    ALTON,NH03809     		NONE 501(C)(3) SUPPORT FOR ALTON FOOD PANTRY 2,500
    AMERICAN DIABETES ASSOCIATION OF NEW ENGLAND
    146 CLIFFORD STREET
    PROVIDENCE,RI02903     		NONE 501(C)(3) FUND FOUR NH RESIDENTS TO ATTEND CAMP CAREFREE 4,800
    AMERICAN HEART ASSOCIATION
    2 WALL STREET 104
    MANCHESTER,NH03101     		NONE 501(C)(3) SPONSORSHIP FOR THE HEART BALL ON 4-19-14 5,000
    AMERICAN RED CROSS GR MANCHESTER CHAPTER
    1800 ELM STREET
    MANCHESTER,NH03104     		NONE 501(C)(3) REPLENISH DISASTER RELIEF FUND 10,000
    BARTON CENTER FOR DIABETES EDUCATION INC
    PO BOX 356
    NORTH OXFORD,MA01537     		NONE 501(C)(3) CAMPERSHIPS 25,000
    BEKTASH TEMPLE
    189 PEMBROKE ROAD
    CONCORD,NH03302     		NONE 501(C)(3) SHRINE BURNS INSTITUTE IN BOSTON & SHRINE HOSPITAL FOR THREE CRIPPLED INDIVIDUALS 6,000
    BELKNAP MILL
    25 BEACON STREET E
    LACONIA,NH03246     		NONE 501(C)(3) PURCHASE CHAIRS USED FOR RENTING GALLERY SPACE CHILDREN SPRINGFIELD UNIT 2,000
    BIG BROTHER BIG SISTERS OF GREATER MANCHESTER
    25 LOWELL STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) MENTORING SERVICES FOR CENTRAL HIGH FRESHMEN 5,000
    BIG BROTHERS BIG SISTERS OF GR NASHUA & GR SALEM
    33 MAIN STREET SUITE 501
    NASHUA,NH03604     		NONE 501(C)(3) PROGRAM SUPPORT 5,000
    BIG BROTHERS BIG SISTERS OF THE GR SEACOAST
    4 GREENLEAF WOODS DR UNIT 201
    PORTSMOUTH,NH03801     		NONE 501(C)(3) MENTOR CHILDREN OF BREAST CANCER PATIENTS 5,000
    BIG BROTHERS BIG SISTERS OF WESTERN NH
    174 EMERALD STREET
    KEENE,NH03431     		NONE 501(C)(3) MENTORING CHILDREN W/DISABILITIES & CHILDREN OF PRISONERS PROGRAM 10,000
    BOY SCOUTS OF AMERICA DANIEL WEBSTER COUNCIL
    571 HOLT AVE
    MANCHESTER,NH03101     		NONE 501(C)(3) CONSTRUCTION OF NEW CAMP BUILDINGS 50,000
    BOYS & GIRLS CLUB GREATER CONCORD
    55 BRADLEY STREET
    CONCORD,NH03301     		NONE 501(C)(3) BUY 70-PASSENGER BUS 25,000
    BOYS & GIRLS CLUB OF GREATER NASHUA
    47 GRAND AVE
    NASHUA,NH03060     		NONE 501(C)(3) SUPPORT COLLEGE & CAREER PREPARATION PROGRAM 10,000
    BOYS & GIRLS CLUB OF GREATER SALEM
    13 HAWTHORNE BLVD
    SALEM,NH01970     		NONE 501(C)(3) TRANSPORT 25 + ADDITIONAL YOUTH TO THE BOYS & GIRLS CLUB FOR THE REMAINDER OF THE SCHOOL YEAR 12,500
    BREAKTHROUGH MANCHESTER AT THE DERRYFIELD SCHOOL
    2108 RIVER ROAD
    MANCHESTER,NH03104     		NONE 501(C)(3) SUPPORT 15 LOW-INCOME STUDENTS IN 2014 SUMMER PROGRAM 28,500
    BREWSTER ACADEMY
    80 ACADEMY DR
    WOLFEBORO,NH03894     		NONE 501(C)(3) SUPPORT FINANCIAL AID PROGRAM FOR USE OF LOCAL CHILDREN 10,000
    CAMP ALLEN
    56 CAMP ALLEN ROAD
    BEDFORD,NH03110     		NONE 501(C)(3) REPLACE SHINGLES ON DINING HALL & FOSTER CABIN 25,000
    CANDIA TOWN OF
    74 HIGH STREET
    CANDIA,NH03034     		NONE 501(C)(3) SUPPORT FOR CANDIA FOOD PANTRY 2,500
    CARROLL COUNTY RETIRED & SENIOR VOLUNTEER PROGRAM
    PO BOX 1182
    NORTH CONWAY,NH03860     		NONE 501(C)(3) MEALS ON WHEELS & MEDICAL TRANSPORTATION PROGRAMS 10,000
    CATHOLIC MEDICAL CENTER
    100 MCGREGOR STREET
    MANCHESTER,NH03102     		NONE 501(C)(3) BEHAVIORAL HEALTH INTEGRATION PROJECT SUPPORT 25,000
    CHILD & FAMILY SERVICES OF NEW HAMPSHIRE
    464 CHESTNUT STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) REPLACE & UPGRADE AGENCY'S COMPUTERS 50,000
    CITY OF PORTSMOUTH
    1 JUNKINS AVENUE
    PORTSMOUTH,NH03801     		NONE 501(C)(3) AFRICAN BURYING GROUND COMMITTEE "WE STAND IN HONOR OF THOSE FORGOTTEN" 10,000
    CITY YEAR NEW HAMPSHIRE
    848 ELM STREET SUITE 201
    MANCHESTER,NH03101     		NONE 501(C)(3) 3-YEAR PLEDGE FOR $75,000 FOR THE WHOLE SCHOOL WHOLE CHILD PROGRAM @ $25,000 PER YEAR 25,000
    CLAREMONT SOUP KITCHEN
    53 CENTRAL STREET
    CLAREMONT,NH03743     		NONE 501(C)(3) SPECIAL YEAR-END GIFT FOR THE SOUP KITCHEN & FOOD PANTRY 2,500
    COCHECO VALLEY HUMANE SOCIETY
    262 COUNTY FARM ROAD
    DOVER,NH03820     		NONE 501(C)(3) TOWARDS CONSTRUCTION OF NEW SHELTER 15,000
    COLEBROOK SCHOOL DISTRICT
    27 DUMONT STREET
    COLEBROOK,NH03576     		NONE 501(C)(3) START-UP COSTS FOR REGIONAL AUTOMOTIVE MECHANICS & TECHNOLOGY VOC-TECH AT COLEBROOK ACADEMY 20,000
    COMMUNITY ALLIANCE OF HUMAN SERVICES
    27 JOHN STARK HIGHWAY
    NEWPORT,NH03773     		NONE 501(C)(3) UPGRADE COMPUTER HARDWARE & SOFTWARE 5,000
    COMPUTER TECHNOLOGY ASSISTANCE CORPS
    100 WILLOW STREET SUITE 6
    MANCHESTER,NH03103     		NONE 501(C)(3) TO UPGRADE & RECYCLE CHILD & FAMILY SERVICES' OLD COMPUTERS FOR DISTRIBUTION TO LOW-INCOME FAMILIES THROUGHOUT NH 2,150
    CONCORD COMMUNITY MUSIC SCHOOL
    PO BOX 1752
    CONCORD,NH03302     		NONE 501(C)(3) MUSIC IN THE COMMUNITY INITIATIVE 5,000
    CORNERSTONE VNA
    178 FARMINGTON ROAD
    ROCHESTER,NH03867     		NONE 501(C)(3) PURCHASE OF ALLSCRIPTS MOBILE/MOBILE LITE TECHNOLOGY FOR USE OF THE FIELD STAFF 10,000
    CRISPIN'S HOUSE
    PO BOX 411
    GOFFSTOWN,NH03045     		NONE 501(C)(3) EXPAND YOUTH FORUM & VOLUNTEERS PROGRAM TO MIDDLE SCHOOL LEVEL 2,500
    DENTAL LIFELINE NETWORK
    PO BOX 3487
    CONCORD,NH03302     		NONE 501(C)(3) SUPPORT DONATED DENTAL SERVICES PROGRAM 5,000
    EASTER SEALS NEW HAMPSHIRE
    25 LOWELL STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) TRANSFORM MADELINE A GALEUCIA CHILD DEVELOPMENT CENTER INTO EARLY LEARNING CENTER 75,000
    FAMILIES IN TRANSITION
    122 MARKET ST
    MANCHESTER,NH03101     		NONE 501(C)(3) FINAL PMT ON $75,000 PLEDGE TO CONSTRUCT A NEW FACILITY TO PROVIDE COMPREHENSIVE SERVICES FOR HOMELESS CHILDREN & FAMILIES 25,000
    FRIENDS OF THE MUSIC HALL
    28 CHESTNUT STREET
    PORTSMOUTH,NH03801     		NONE 501(C)(3) ANNUAL EDUCATION PROGRAM "THE SCHOOL DAYS SERIES" 10,000
    GIRLS AT WORK INC
    463 RIVERDALE ROAD
    GOFFSTOWN,NH03045     		NONE 501(C)(3) SUPPORT A SERIES OF WOODWORKING WORKSHOPS FOR AT-RISK GIRLS 5,000
    GIRLS INC OF NH
    815 ELM STREET SUITE 4A
    MANCHESTER,NH03101     		NONE 501(C)(3) PURCHASE OF HANDICAPPED ACCESSIBLE SCHOOL BUS - WILL MATCH MCININCH FOUND. CHALLENGE GRANT 15,000
    GRAFTON COUNTY SENIOR CITIZENS COUNCIL INC
    PO BOX 433
    LEBANON,NH03766     		NONE 501(C)(3) SUPPORT FOR FIVE AGENCIES TO PROVIDE FOOD TO THE ELDERLY 10,000
    GRAND LODGE OF NEW HAMPSHIRE
    PO BOX 486
    MILFORD,NH03055     		NONE 501(C)(3) NEW HAMPSHIRE "DARE" PROGRAM 2,000
    GRANITE PATHWAYS
    2013 ELM STREET
    MANCHESTER,NH03104     		NONE 501(C)(3) EXPANSION OF MEMBERS IN EMPLOYMENT UNIT 5,000
    GRANITE UNITED WAY OF GREATER MANCHESTER
    228 MAPLE STREET 4TH FLOOR
    MANCHESTER,NH03103     		NONE 501(C)(3) 2014 ANNUAL CAMPAIGN 55,000
    GRANITE YMCA
    30 MECHANIC STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) $2.8 M CAPITAL CAMPAIGN TO DEVELOP CENTERS FOR TEEN LEADERSHIP AT MANCHESTER & ALLARD CENTER. 3-YR PLEDGE FOR A TOTAL OF $150,000 50,000
    GREATER DERRY COMMUNITY HEALTH SERVICES
    14 TSIENNETO ROAD SUITE 301
    DERRY,NH03038     		NONE 501(C)(3) SUPPORT FOR BE-WELL PROJECT 20,000
    INTERLAKES COMMUNITY CAREGIVERS
    PO BOX 78
    CENTER HARBOR,NH03226     		NONE 501(C)(3) SUPPORT VOLUNTEER PROGRAM 2,500
    KINGSWOOD YOUTH CENTER
    565 CENTER STREET
    WOLFEBORO,NH03894     		NONE 501(C)(3) PURCHASE RECREATIONAL EQUIPMENT FOR OUTDOOR CLASSROOM 3,500
    LIVE & LET LIVE FARM
    20 PARADISE LANE
    CHICHESTER,NH03258     		NONE 501(C)(3) BALANCE NEEDED FOR INSULATION INSTALLATION OF QUARANTINE/REHABILITATION FACILITY 8,000
    LIVE & LET LIVE FARM
    20 PARADISE LANE
    CHICHESTER,NH03258     		NONE 501(C)(3) MEDICAL CARE AND FOOD FOR ANIMALS 5,000
    MANCHESTER COMMUNITY THEATRE PLAYERS
    220 OAK STREET
    MANCHESTER,NH03104     		NONE 501(C)(3) SUPPORT 6 THEATRICAL PERFORMANCES OF SHAKESPEARE'S COMEDIES 1,000
    MANCHESTER HISTORIC ASSN
    129 AMHERST STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) TOWARDS REPLACEMENT OF HEATING SYSTEM AT MILLYARD MUSEUM 27,785
    MANCHESTER POLICE ATHLETIC LEAGUE INC
    405 VALLEY STREET
    MANCHESTER,NH03103     		NONE 501(C)(3) REPLACE WEIGHT EQUIPMENT & OFFICE COMPUTER 10,000
    MARGRET & H A REY CENTER
    35 VILLAGE ROAD
    WATERVILLE VALLEY,NH03215     		NONE 501(C)(3) FUND AFTERSCHOOL PROGRAMS TO PROMOTE ART & SCIENCE MASONIC GRAND LODGE-THE "DARE" PROGRAM 5,000
    MARY & JOHN ELLIOT CHARITABLE FOUND
    ONE ELLIOT WAY
    MANCHESTER,NH03103     		NONE 501(C)(3) PURCHASE A LAERDAL SIMMAN 3G PATIENT SIMULATOR 37,000
    MEDIA POWER YOUTH
    1245 ELM STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) 8-MONTH PROGRAM TO LEVERAGE AND MATCH STATE FUNDS & SECURE LONG-TERM FUNDING 25,000
    MEMORIAL HOSPITAL FOUNDATION AT NORTH CONWAY INC
    3073 WHITE MOUNTAIN HWY
    NORTH CONWAY,NH03860     		NONE 501(C)(3) PURCHASE 5 BEDS WITH ASSISTIVE DEVICES & SAFETY FEATURES & 1 SIT TO STAND FOR THE MERRIMAN HOUSE NURSING FACILITY 15,000
    MERRIMACK CONCERT ASSOC
    PO BOX 461
    MERRIMACK,NH03054     		NONE 501(C)(3) SUPPORT 2014 MUSICAL CONCERT SEASON 2,000
    MERRIMACK VALLEY DAY CARE SERVICE
    19 N FRUIT STREET
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT TUITION SUBSIDIES 7,710
    MONARCH SCHOOL OF NEW ENGLAND
    61 EASTERN AVE
    ROCHESTER,NH03867     		NONE 501(C)(3) PURCHASE A LITE GATE FRAME & TREADMILL FOR STUDENTS WHO SUFFER FROM SEVERE BALANCE AND TRUNK CONTROL 5,000
    MOUNT WASHINGTON OBSERVATORY
    2779 WHITE MOUNTAIN HWY
    NORTH CONWAY,NH03860     		NONE 501(C)(3) REPLACE OBSOLETE SCIENTIFIC EQUIPMENT WITH MORE PRECISE INSTRUMENTS 10,000
    MOUNT WASHINGTON VALLEY MASONIC ANGEL FUND
    PO BOX 2483
    NORTH CONWAY,NH03860     		NONE 501(C)(3) ASSIST NEEDY CHILDREN IN FULFILLING A NEED (CLOTHES, MEDICAL, FOOD) 2,000
    NACKEY S LOEB SCHOOL OF COMMUNICATIONS
    749 EAST INDUSTRIAL PARK DRIVE
    MANCHESTER,NH03109     		NONE 501(C)(3) RESUME/JOB SEARCH WORKSHOPS FOR NH RESIDENTS 1,950
    NASHUA CHILDREN'S HOME
    125 AMHERST STREET
    NASHUA,NH03064     		NONE 501(C)(3) TRANSITIONAL LIVING PROGRAM 10,000
    NASHUA SENIOR ACTIVITY CENTER
    70 TEMPLE STREET
    NASHUA,NH03060     		NONE 501(C)(3) PURCHASE NEW KONICA MINOLTA BIZHUB C284 COPIER 6,780
    NASHUA SOUP KITCHEN & SHELTER INC
    PO BOX 3116
    NASHUA,NH03061     		NONE 501(C)(3) CAPITAL CAMPAIGN TO BUILD NEW SHELTER 30,000
    NEW DURHAM FOOD PANTRY
    5 MAIN STREET
    NEW DURHAM,NH03855     		NONE 501(C)(3) SPECIAL YEAR-END SUPPORT 2,500
    NEW ENGLAND COLLEGE
    98 BRIDGE STREET
    HENNIKER,NH03242     		NONE 501(C)(3) SUPPORT CONSTRUCTION OF THE JOHN LYONS CENTER 10,000
    NEW ENGLAND KURN HATTIN HOMES
    PO BOX 477
    CONCORD,NH03302     		NONE 501(C)(3) SUPPORT SPECIAL OUTPATIENT SERVICES FOR NH CHILDREN 3,000
    NEW HAMPSHIRE CENTER FOR PUBLIC POLICY STUDIES
    1 EAGLE SQ SUITE 510
    CONCORD,NH03301     		NONE 501(C)(3) DEVELOP METHOD TO ASSESS STRAIN ON NH DRINKING & WASTEWATER SYSTEM 10,000
    NEW HAMPSHIRE COMMUNITY LOAN FUND
    7 WALL STREET
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT NH INDIVIDUAL DEVELOPMENT ACCOUNT PROGRAM 15,000
    NEW HAMPSHIRE MUSIC FESTIVAL INC
    7 MAIN STREET
    PLYMOUTH,NH03264     		NONE 501(C)(3) UNDERWRITE THE COST OF STUDENT TICKETS FOR TEN CONCERTS 5,000
    NEW HAMPSHIRE PUBLIC RADIO INC
    2 PILLSBURY STREET SUITE 600
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT SIGNAL EXPANSION IN THE HOLDERNESS REGION 20,000
    NEW HORIZONS FOR NEW HAMPSHIRE INC
    199 MANCHESTER STREET PO BOX 691
    MANCHESTER,NH03105     		NONE 501(C)(3) 21ST ANNUAL THANKSGIVING BREAKFAST 20,000
    NEW HORIZONS FOR NEW HAMPSHIRE INC
    199 MANCHESTER STREET PO BOX 691
    MANCHESTER,NH03105     		NONE 501(C)(3) 24RD ANNUAL WALK AGAINST HUNGER 20,000
    NH FOOD BANK
    700 E INDUSTRIAL PARK DRIVE
    MANCHESTER,NH03109     		NONE 501(C)(3) ACQUISITION AND DISTRIBUTION OF FOOD TO THOSE IN NEED 50,000
    NH FOOD BANK
    700 E INDUSTRIAL PARK DRIVE
    MANCHESTER,NH03109     		NONE 501(C)(3) PURCHASE & DISTRIBUTE FOOD TO MEMBER AGENCIES 40,000
    NH PHILHARMONIC
    83 HANOVER STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) SUPPORT DRAWN TO THE MUSIC EDUCATIONAL PROGRAM 4,000
    NH STATE LIBRARY
    20 PARK STREET
    CONCORD,NH03301     		NONE 501(C)(3) SAFETY & ACCESSIBILITY UPGRADES TO DUBLIN FACILITY 1,500
    PHOENIX HOUSE
    106 ROXBURY STREET
    KEENE,NH03431     		NONE 501(C)(3) KIDS, BOOKS & THE ARTS PROGRAM 10,000
    PRESCOTT PARK ARTS FESTIVAL INC
    PO BOX 4370
    PORTSMOUTH,NH03802     		NONE 501(C)(3) MAKE CRITICAL SAFETY UPGRADES & CAPITAL FACILITY IMPROVEMENTS 15,000
    RIVERBEND COMMUNITY MENTAL HEALTH INC
    105 LOUDON ROAD BUILDING 4
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT PROGRAMS 20,000
    SAINT BENEDICT ACADEMY
    85 3RD STREET
    MANCHESTER,NH03102     		NONE 501(C)(3) FINANCIAL ASSISTANCE PROGRAM 10,000
    SALVATION ARMY
    121 CEDAR STREET
    MANCHESTER,NH03103     		NONE 501(C)(3) RED KETTLE CAMPAIGN 25,000
    SEACOAST COMMUNITY SCHOOL
    100 CAMPUS DRIVE 20
    PORTSMOUTH,NH03801     		NONE 501(C)(3) REPLACE ADMINISTRATIVE COMPUTERS 2,500
    SEACOAST MENTAL HEALTH CENTER INC
    1145 SAGAMORE AVE
    PORTSMOUTH,NH03801     		NONE 501(C)(3) SUPPORT ROCKINGHAM COUNTY ADULT DRUG COURT 20,000
    SEACOAST SCIENCE CENTER INC
    570 OCEAN BLVD
    RYE,NH03870     		NONE 501(C)(3) REPLACE IT INFRASTRUCTURE 10,000
    SEXUAL ASSAULT SUPPORT SERVICES
    7 JUNKINS AVENUE
    PORTSMOUTH,NH03801     		NONE 501(C)(3) SAFE KIDS STRONG TEENS PREVENTION AWARENESS PROGRAM EXPANSION 10,000
    SOCIETY FOR THE PROTECTION OF NEW HAMPSHIRE FORESTS
    54 PORTSMOUTH STREET
    CONCORD,NH03301     		NONE 501(C)(3) 1ST PHASE TO RENOVATE HEADQUARTERS & VISITORS CENTER 40,000
    SONSHINE SOUP KITCHEN
    4 CRYSTAL AVE
    DERRY,NH03038     		NONE 501(C)(3) SPECIAL YEAR-END SUPPORT 2,500
    SPECIAL OLYMPICS NEW HAMPSHIRE INC
    650 ELM STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) EXPANSION OF YOUNG ATHLETES PROGRAM IN NH 7,500
    STRAWBERY BANKE INC
    14 HANCOCK STREET
    PORTSMOUTH,NH03801     		NONE 501(C)(3) SAVING PORTSMOUTH: THE PRESERVATION CRUSADES OF MISS DOROTHY VAUGHAN 10,000
    SUPREME COUNCIL HEADQUARTERS
    PO BOX 519
    LEXINGTON,MA02420     		NONE 501(C)(3) SUPPORT FOR CHARITIES IN THE MOST NEED 2,000
    SYMPHONY NH
    6 CHURCH STREET
    NASHUA,NH03060     		NONE 501(C)(3) EXPANSION OF EDUCATIONAL INITIATIVES 2,200
    THE COMMUNITY KITCHEN
    35 - 37 MECHANIC STREET
    KEENE,NH03431     		NONE 501(C)(3) $10,000 FOR THE COALITION OF FOOD PANTRIES & $2500 FOR FALL MOUNTAIN FOOD SHELF 12,500
    THE FRONT DOOR AGENCY INC
    7 CONCORD STREET
    NASHUA,NH03064     		NONE 501(C)(3) SUPPORT TRANSITIONAL HOUSING PROGRAM 7,500
    THE ORCHARD SCHOOL & COMMUNITY CENTER
    114 OLD SETTLERS ROAD
    EAST ALSTEAD,NH03602     		NONE 501(C)(3) OPEN DOORS OUT-OF-SCHOOL-TIME PROGRAM SUPPORT 6,000
    THE UPPER ROOM A FAMILY RESOURCE CENTER
    36 TSIENNETO RD
    DERRY,NH03038     		NONE 501(C)(3) SUPPORT THE GREATER DERRY FAMILY OUTREACH PROGRAM 20,000
    THE WAY HOME INC
    214 SPRUCE STREET
    MANCHESTER,NH03103     		NONE 501(C)(3) SUPPORT FINANCIAL LITERACY PROGRAM 10,000
    THE WEBSTER HOUSE
    135 WEBSTER STREET
    MANCHESTER,NH03104     		NONE 501(C)(3) SUPPORT FOR SERVICES TO ASSIST YOUTH IN NEED 15,000
    THOMAS MORE COLLEGE OF LIBERAL ARTS INC
    6 MANCHESTER STREET
    MERRIMACK,NH03054     		NONE 501(C)(3) BRING NEW BUILDING UP TO FIRE & SAFETY CODE REGULATIONS 10,000
    UNITED NEGRO COLLEGE FUND
    15 BROAD STREET
    BOSTON,MA02109     		NONE 501(C)(3) ANNUAL CAMPAIGN 5,000
    VILLAGE NETWORK AT LIFE COPING INC
    266A MAIN STREET
    NASHUA,NH03060     		NONE 501(C)(3) DEVELOP SENIOR MEMBERSHIPS IN VILLAGE NETWORKS @ LIFE COPING 6,000
    VNA CONCORD REGIONAL
    30 PILLSBURY STREET
    CONCORD,NH03301     		NONE 501(C)(3) RENOVATIONS TO HOSPICE HOUSE 10,000
    WHITE MOUNTAIN COMMUNITY HEALTH CENTER
    PO BOX 2800
    CONWAY,NH03818     		NONE 501(C)(3) PURCHASE ELECTRONIC MEDICAL SYSTEM 17,000
    WHOLE VILLAGE FAMILY RESOURCE CENTER
    258 HIGHLAND STREET 1
    PLYMOUTH,NH03264     		NONE 501(C)(3) SUPPORT FOR FAMILIES IN CRISIS 7,000
    WOLFEBORO AREA RECREATION ASSOC
    15 N MAIN STREET
    WOLFEBORO,NH03894     		NONE 501(C)(3) INSTALLATION OF DUGOUTS ON BASEBALL & SOFTBALL FIELDS AT THE NICK 10,000
    WOMENS INFORMATION SERVICE WISE
    38 BANK STREET
    LEBANON,NH03766     		NONE 501(C)(3) CAPITAL COSTS ASSOCIATED WITH THE PURCHASE OF EMERGENCY SHELTER FOR VICTIMS OF DOMESTIC VIOLENCE 10,000
    YMCA CAMP NELLIE HUCKINS
    17 CAMP HUCKINS RD
    FREEDOM,NH03836     		NONE 501(C)(3) TUITION FOR 12 NEW HAMPSHIRE CAMPERS 10,810
    YMCA GREATER MANCHESTER
    30 MECHANIC STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) MATCH GIFT FOR ANNUAL FUNDRAISING DINNER 2,500
    YMCA GREATER MANCHESTER
    30 MECHANIC STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) 4TH GRADE WATER SAFETY PROGRAM 4,000
    Total .................................bullet 3a 1,500,035
    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 ............     		    14 432  
    4 Dividends and interest from securities....         1,045,140
    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 .............     		        1,047,724
    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).. 0 432 2,092,864
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,093,296
    (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.)
    4 INCOME GENERATED FROM INVESTMENTS PROVIDE NECESSARY CASH FLOWS
    8 TO MAKE CONTRIBUTIONS REQUESTED FROM THE COGSWELL BENEVOLENT TRUST
    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:
    COGSWELL BENEVOLENT TRUST
    EIN: 02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 11,425 5,712   5,713

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN: 02-0235690
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VARIOUS 9,079,869 9,163,321

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN: 02-0235690
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VARIOUS 19,450,463 25,307,712

    TY 2014 OtherExpensesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN: 02-0235690
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 6,041 3,020   3,021
    INSURANCE 14,781 7,391   7,390
    BOND AMORTIZATION 7,883 7,883   0
    UTILITIES 530 265   265
    STATE FILING FEES 160 160   0
    MISCELLANEOUS 13 13   0


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN: 02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 158,332 158,332   0


    TY 2014 TaxesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN: 02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 2,073 1,036   1,037
    FEDERAL TAXES 96,000 0   0
    FOREIGN TAXES WITHHELD 7,341 7,341   0