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
Frank Gerrity Charitable Trust
 

Number and street (or P.O. box number if mail is not delivered to street address)25 Garden Park STE 4   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Braintree, MA021847549
A Employer identification number

04-6195965
B Telephone number (see instructions)

(781) 535-6070
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$5,556,320J 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).............. 36,259
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 12 12  
4 Dividends and interest from securities...... 127,867 127,867  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 154,453
b Gross sales price for all assets on line 6a 586,569
7 Capital gain net income (from Part IV, line 2)... 154,453
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)....... Click to see attachment 705 705  
12 Total. Add lines 1 through 11........ 319,296 283,037  
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 19,000 19,000   0
c Other professional fees (attach schedule).... Click to see attachment 6,173 6,173   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,224 70   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 76 76   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,473 25,319   0
25 Contributions, gifts, grants paid........ 220,350 220,350
26 Total expenses and disbursements. Add lines 24 and 25 250,823 25,319   220,350
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 68,473
b Net investment income (if negative, enter -0-) 257,718
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............... 18,401 20,675 20,675
2 Savings and temporary cash investments.......... 28,638 40,144 40,144
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)........ 2,318,636 Click to see attachment2,379,563 5,478,581
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)........... 15,696 Click to see attachment14,237 16,920
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,018 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,382,389 2,454,616 5,556,320
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment70 Click to see attachment3,824
23 Total liabilities (add lines 17 through 22).......... 70 3,824
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......... 1,440,261 1,476,520
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 942,058 974,272
30 Total net assets or fund balances (see instructions)...... 2,382,319 2,450,792
31 Total liabilities and net assets/fund balances (see instructions).. 2,382,389 2,454,616
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 2,382,319
2 Enter amount from Part I, line 27a..................... 2 68,473
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 2,450,792
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 2,450,792
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 Tractor Supply Co (2000)   2011-07-12 2014-08-21
b AT&T Inc (1280)   2007-04-18 2014-06-03
c Manulife Financial Corp (500)   2010-08-05 2014-08-06
d Pattern Energy Inc (2000)   2013-11-07 2014-02-18
e Williams Cos Inc (300)   2004-12-31 2014-06-03
Williams Cos Inc (400)   2005-01-13 2014-06-03
Williams Cos Inc (600)   2005-01-13 2014-06-18
WPX Energy Inc (100)   2004-12-31 2014-06-03
WPX Energy Inc (333)   2005-01-13 2014-06-03
Capital Source Inc (850)   2007-09-11 2014-04-14
Natural Resources Partners LP (600)   2004-07-28 2014-09-23
NGP Capital Resources Co (2500)   2004-11-15 2014-09-23
Ocean Rig UDW Inc (8)   2011-11-07 2014-09-23
Pacwest Bancorp (.1)   2007-09-11 2014-04-14
Pacwest Bancorp (241)   2007-09-11 2014-09-23
CME Group Inc (500) P 2009-12-09 2014-09-17
Fluor Corp (600) P 2008-05-15 2014-07-08
Nucor Corp (500) P 2008-09-15 2014-07-08
Peoples United Finl Inc (5159) P 2002-04-22 2014-09-17
State Street Corp (400) P 2010-12-21 2014-09-17
Capital Gains Dividends P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 125,905   70,951 54,954
b 44,563   50,404 -5,841
c 9,798   7,062 2,736
d 53,631   47,671 5,960
e 16,990   3,766 13,224
22,653   5,200 17,453
34,269   7,800 26,469
2,053   854 1,199
6,835   2,944 3,891
15,302   14,178 1,124
8,281   11,395 -3,114
16,045   36,152 -20,107
124   118 6
6   5 1
10,238   13,197 -2,959
39,520   32,927 6,593
46,019   57,308 -11,289
24,529   22,485 2,044
76,015   28,873 47,142
29,374   18,826 10,548
4,419     4,419
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       54,954
b       -5,841
c       2,736
d       5,960
e       13,224
      17,453
      26,469
      1,199
      3,891
      1,124
      -3,114
      -20,107
      6
      1
      -2,959
      6,593
      -11,289
      2,044
      47,142
      10,548
      4,419
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 2 154,453
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 196,479 4,593,609 0.042772
2012 184,405 3,924,601 0.046987
2011 171,730 3,729,171 0.046050
2010 149,620 3,432,124 0.043594
2009 213,221 3,164,033 0.067389
2 Total of line 1, column (d) ...................... 2 0.246792
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 0.049358
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 5,231,415
5 Multiply line 4 by line 3....................... 5 258,212
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,577
7 Add lines 5 and 6......................... 7 260,789
8 Enter qualifying distributions from Part XII, line 4.............. 8 220,350
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 5,154
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 5,154
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 5,154
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,400
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 1,400
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,754
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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletL Branch Harding Telephone no.bullet (617) 916-0976
    Located atbullet25 Garden Park STE 4BraintreeMA ZIP+4bullet021847549
    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
     
     
    .........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
    James F Gerrity III Trustee
    0.20     		0 0 0
    25 Garden Park STE 4
    Braintree,MA021847549
    Peter F Gerrity Trustee
    0.20     		0 0 0
    25 Garden Park STE 4
    Braintree,MA021847549
    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 N/A 0
    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
    5,201,625
    b
    Average of monthly cash balances.......................
    1b
    109,456
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,311,081
    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
    5,311,081
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    79,666
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,231,415
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    261,571
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    261,571
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    5,154
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,154
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    256,417
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    256,417
    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
    256,417
    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
    220,350
    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
    220,350
    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
    220,350
    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 7 256,417
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 214,527
    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$ 220,350
    a Applied to 2013, but not more than line 2a 214,527
    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..... 5,823
    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 ..........     		250,594
    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
     
    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:
    Trustees of the Frank Gerrity Chari
    25 Garden Park STE 4
    Braintree,MA021847549
    (781) 535-6070
    lbranchharding@gmail.com
    bThe form in which applications should be submitted and information and materials they should include:
    No Standard
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    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
    American University
    4400 Massachusetts Ave NW
    Washington,DC20016     		None University General Grant 3,000
    Avon Free Public Library
    281 Country Club Road
    Avon,CT06001     		None Public Charity General Grant 1,000
    Boston Prep Charter Public School
    1286 Hyde Park Avenue
    Boston,MA02116     		None Public School General Grant 500
    Bowdoin College
    5700 College Station
    Brunswick,ME04011     		None University General Grant 6,000
    Boys & Girls Club of Hilton Head
    PO Box 22267
    Hilton Head Island,SC29925     		None Public Charity General Grant 500
    Brazelton Touchpoints Foundation
    1295 Boylston Street STE 320
    Boston,MA02215     		None Public Charity General Grant 500
    Brighham & Womens Hospital
    116 Huntington Avenue STE 500
    Boston,MA02116     		None Hospital General Grant 500
    Brown University
    PO Box 1976
    Providence,RI02912     		None University General Grant 500
    Camphill Village
    84 Campbell Road
    Copake,NY12516     		None Public Charity General Grant 1,000
    Catholic University of America
    620 Michigan Avenue NE
    Washington,DC20064     		None University General Grant 500
    Charles River Watershed Association
    190 Park Road
    Weston,MA02493     		None Public Charity General Grant 300
    Church of the Redeemer
    379 Hammond Street
    Chestnut Hill,MA02467     		None Church General Grant 11,000
    Cummings Veterinary Fund at Tufts
    200 Westboro Road
    North Grafton,MA01536     		None Public University General Grant 500
    Cure Alzheimers Fund
    880 Winter Street
    Waltham,MA02451     		None Public Charity General Grant 300
    Dana Farber Cancer Institute
    PO Box 9584
    Boston,MA02205     		None Hospital General Grant 500
    Deep Well
    PO Box 5543
    Hilton Head Island,SC29938     		None Public Charity General Grant 500
    Dermatology Research & Teaching Foundation
    116 Huntington Avenue
    Boston,MA02116     		None Hospital General Grant 7,500
    Emerald Necklace Conservancy
    891 Centre Street
    Jamaica Plain,MA02130     		None Public Charity General Grant 600
    Epiphany Middle School
    154 Centre Street
    Dorchester,MA02124     		None School General Grant 9,000
    Fidelco Guide Dog Foundation
    103 Old Iron Ore Road
    Bloomfield,CT06002     		None Public Charity General Grant 5,000
    Grace Community Church
    450 Spanish Wells Road
    Hilton Head Island,SC29926     		None Church General Grant 14,600
    Haiti Projects
    136 Rantail Street
    Beverly,MA01915     		None Public Charity General Grant 1,000
    Handel & Hayden Society
    300 Massachusetts Ave
    Boston,MA02115     		None Public Charity General Grant 5,250
    Harvard Business School
    Soldiers Field Road
    Boston,MA02163     		None College General Grant 600
    Harvard College
    124 Mt Auburn Street
    Cambridge,MA02138     		None Public University General Grant 800
    Hazelden
    No Street Address
    Center City,MN55012     		None Public Charity General Grant 500
    Hilton Head Preparatory School
    8 Fox Grape Road
    Hilton Head Island,SC29928     		None School General Grant 500
    Hospice Care of the Low Country
    PO Box 3827
    Bluffton,SC29910     		None Public Charity General Grant 500
    Jackson Laboratory
    PO Box 254
    Bar Harbor,ME04609     		None Public Charity General GrantGeneral Grant 50,000
    Land's Sake
    27 Crescent Road
    Weston,MA02493     		None Public Charity General Grant 500
    Maranatha Farm
    342 Crabapple Lane
    Ridgeland,SC29936     		None Public Charity General Grant 500
    Milton Academy
    170 Centre Street
    Milton,MA02186     		None School General Grant 1,250
    Museum of Old York
    PO Box 312
    York,ME03909     		None Public Charity General Grant 350
    National Multiple Sclerosis Society
    101 A First Avenue
    Waltham,MA02451     		None Public Charity General Grant 1,000
    Noble & Greenough School
    10 Campus Drive
    Dedham,MA02026     		None School General Grant 1,000
    North Yarmouth Academy
    148 Main Street
    Yarmouth,ME04096     		None Public School General Grant 1,000
    Planned Parenthood
    1055 Commonwealth Avenue
    Boston,MA02215     		None Public Charity General Grant 5,850
    Southern Maine Rage
    31 R Barrell Lane
    York,ME03909     		None Public Charity General Grant 5,000
    Spaulding Rehab Hospital Fund
    125 Nashua Street
    Boston,MA021149979     		None Public Hospital General Grant 3,250
    St Timothy's School
    8400 Greenspring Avenue
    Stevenson,MD21153     		None School General Grant 500
    Stanford University
    PO Box 20466
    Stanford,CA94309     		None University General Grant 3,000
    Sudbury Valley Trustees
    18 Walbach Road
    Sudbury,MA01776     		None Public Charity General Grant 300
    Third Sector New England STS Fund
    89 South Street 700
    Boston,MA02111     		None Public Charity General Grant 300
    Tiny Hands Foundation
    7350 S Tamiami Trail 153
    Sarasota,FL34231     		None Public Charity General Grant 6,000
    Trinity Church
    206 Clarendon Street
    Boston,MA02116     		None Church General Grant 500
    University of Maine
    72 Clearwater Drive
    Falmouth,ME04105     		None Public University General Grant 2,000
    University of South Carolina
    1600 Hampton Street
    Columbia,SC29208     		None Public University General Grant 750
    Vanderbilt University
    2301 Vanderbilt Place
    Nashville,TN37240     		None Public University General Grant 1,000
    Vassar College
    PO Box 14
    Poughkeepsie,NY12604     		None Public University General Grant 9,500
    Wake Forest University
    PO Box 7227
    WinstonSalem,NC27109     		None Public University General Grant 750
    Wayfinder School
    PO Box 65
    New Gloucester,ME04260     		None Public School General Grant 500
    WBUR 909 FM
    PO Box 9235
    Chelsea,MA02150     		None Public Charity General Grant 450
    Wellesley College
    106 Central Street
    Wellesley,MA02481     		None Public University General Grant 500
    West Point
    698 Mills Road
    West Point,NY10096     		None College General Grant 3,000
    Weston Land Trust
    PO Box 424
    Weston,MA02493     		None Public Charity General Grant 1,000
    WGBH Educational Foundation
    PO Box 124
    Boston,MA02101     		None Public Charity General Grant 450
    Winsor School
    PO Box 414068
    Boston,MA02241     		None School General Grant 27,250
    Wooster School
    91 Merry Brook Road
    Danbury,CT06810     		None Public School General Grant 300
    Yale Alumni Fund
    PO Box 803
    New Haven,CT06503     		None Public Charity General Grant 500
    Yale School of Organization & Management
    PO Box 803
    New Haven,CT06503     		None Public University General Grant 17,000
    zz Other (15 Recepients - 250 or less))
    No Street Address
    Various,MA02464     		None Public Charity General Grant 2,150
    Total .................................bullet 3a 220,350
    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 12  
    4 Dividends and interest from securities....     14 127,867  
    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.....     15 705  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 154,453  
    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).. 0 283,037 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13283,037
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    Frank Gerrity Charitable Trust
     
    Employer identification number

    04-6195965
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    Frank Gerrity Charitable Trust
          		Employer identification number

    04-6195965
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    J Frank Gerrity II Charitable Remai  
    59 Cramond Road
     
    Brookline, MA02467

    		$3,565


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    J Frank Gerrity II Charitable Remai  
    59 Cramond Road
     
    Brookline, MA02467

    		$32,694


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    Frank Gerrity Charitable Trust
          		Employer identification number

    04-6195965
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    2
    		 2300 shares Annaly Capital Management Inc $ 26,082 2014-12-26
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    2
    		 50 shares Praxair Inc $ 6,612 2014-12-26
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    Frank Gerrity Charitable Trust
          		Employer identification number

    04-6195965
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Morgan Wilde, PC 5,000 5,000   0
    Gerrity Company, Inc. 14,000 14,000   0

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Abbott Labs (4000) 10,207 180,080
    Annaly Mortgage(4600 & 6900) 67,776 74,589
    Automatic Data Processing (3000) 8,571 250,110
    BankAmerica Corp (4110) 127,839 73,528
    Coca Cola (2400) 24,000 101,328
    Colgate Palmolive (3200) 20,171 221,408
    DNP Select Income Fund (3000) 23,673 31,680
    Western Assets Emerging Mkt Income Fund (338) 4,098 3,701
    Home Depot (2750) 64,257 288,668
    Johnson & Johnson (3800) 21,256 397,366
    Deutche High Income Trust (2500) 46,770 21,850
    Merck & Co (1450) 3,555 82,346
    Paychex Inc (2362) 27,625 109,054
    Sysco Corp (4000) 26,773 158,760
    Marsh McLennan Co (3000) 1,050 171,720
    Newell Rubbermaid (1000) 26,394 38,090
    Williams Cos (4300 & 3000) 80,093 134,820
    Becton Dickinson (1000) 34,725 139,160
    Fidelity Leveraged Co Stk Fd (2420 & 2438) 35,438 110,479
    Altria Group Inc (500) 5,613 24,635
    Cognizant Tech Solutions CL B (2000) 32,760 105,320
    Pengrowth Energy Corp (1000) 7,900 3,110
    R P M Inc (2000) 37,557 101,420
    Renaissance RE Holdings LTD (1000) 51,200 97,220
    Schlumberger LTD (800) 25,643 68,328
    Columbia Real Estate Equity Fd (3976) 98,915 63,539
    Dentsply Intl Inc (3000) 85,396 159,810
    General Electric Co (3500 & 7100) 202,977 179,417
    Illinois Tool Works Inc (1000) 46,065 94,700
    Moodys Corp (2500) 128,968 239,525
    Proctor & Gamble Co (1170) 35,636 106,575
    Telefonica Brasil SA ADR (3500) 71,036 61,880
    Columbia Strategic Income Fd (8532) 49,985 49,403
    CVS Caremark Corporation (1000) 33,164 96,310
    Franklin Resources Inc (2100) 74,362 116,277
    Broadridge Finl Solutions Inc (750) 1,116 34,635
    Huron Consulting Group (2011) 150,180 137,532
    Pfizer Inc (1576) 27,607 49,092
    Philip Morris Intl Inc (1600 & 2200) 113,829 179,190
    Cerner Corp (1200) 25,132 77,592
    M&T Bk Corp (46) 3,980 5,779
    Visa Inc (750) 59,896 196,650
    WPX Energy Inc (1433 & 1000) 18,156 11,630
    3-D Systems Corp (200) 15,223 6,574
    Abbvie Inc (4000 & 5300) 82,434 346,832
    CDK Global Inc (1000) 1,240 40,760
    Halliburton Company (200) 13,658 7,866
    Kinder Morgan Inc (2000) 71,684 84,620
    Pennymac Mortgage Investment (3350) 71,270 70,652
    Paraixair Inc (50) 6,612 6,478
    Southside Bancshares Inc (2300) 76,098 66,493

    TY 2014 InvestmentsOtherSchedule2
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Hugoton Royalty Trust (2000) AT COST 14,237 16,920

    TY 2014 OtherAssetsSchedule
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Prepaid Federal Excise Tax 1,018    


    TY 2014 OtherExpensesSchedule
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Service Charge 48 48   0
    Newspaper Notice 28 28   0


    TY 2014 OtherIncomeSchedule2
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Hugoton Royalty Trust 705 705 705


    TY 2014 OtherLiabilitiesSchedule
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Description Beginning of Year - Book Value End of Year - Book Value
    Mass. Filing Fee 70 70
    Federal Excise Tax 0 3,754


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    US Trust Investment Fee 6,080 6,080   0
    RBC Wealth Management 93 93   0


    TY 2014 SubstantialContributorsSch
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Name Address
     
          		59 Cramond Road
    Brookline,MA02467


    TY 2014 TaxesSchedule
    Name:
    Frank Gerrity Charitable Trust
    EIN: 04-6195965
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Massachusetts Filing Fee 70 70   0
    Federal Excise Tax 5,154 0   0