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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE BEVERIDGE FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)3 UPLAND LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST NEWBURY, MA01985
A Employer identification number

31-1698286
B Telephone number (see instructions)

(800) 229-9667
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$52,986,578J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 481 481  
4 Dividends and interest from securities... 1,211,275 1,211,275  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,099,244
b Gross sales price for all assets on line 6a 24,214,610
7 Capital gain net income (from Part IV, line 2)... 2,099,244
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........ 3,311,000 3,311,000  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 182,250 37,908   144,342
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 45,657 9,497   37,432
16a Legal fees (attach schedule)......... Click to see attachment 21,995 10,998   8,498
b Accounting fees (attach schedule)....... Click to see attachment 73,724 36,862   35,015
c Other professional fees (attach schedule).... Click to see attachment 398,984 370,179   27,980
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 85,611 24,409   0
19 Depreciation (attach schedule) and depletion... 9,078 0  
20 Occupancy.............. 16,800 3,494   13,306
21 Travel, conferences, and meetings....... 66,204 13,770   52,426
22 Printing and publications.......... 50 10   40
23 Other expenses (attach schedule)....... Click to see attachment 33,232 3,894   29,935
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 933,585 511,021   348,974
25 Contributions, gifts, grants paid....... 2,311,353 2,303,853
26 Total expenses and disbursements. Add lines 24 and 25 3,244,938 511,021   2,652,827
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 66,062
b Net investment income (if negative, enter -0-) 2,799,979
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,387,812 1,482,153 1,482,153
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   242    
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.......... 23,450 8,966 8,966
10a Investments—U.S. and state government obligations (attach schedule) 4,240,046 Click to see attachment4,298,481 4,298,481
b Investments—corporate stock (attach schedule)....... 31,299,541 Click to see attachment27,797,816 27,797,816
c Investments—corporate bonds (attach schedule)....... 8,556,957 Click to see attachment8,178,697 8,178,697
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,230,437 Click to see attachment11,057,663 11,057,663
14 Land, buildings, and equipment: basis bullet11,602
Less: accumulated depreciation (attach schedule) bullet6,306 3,289 Click to see attachment5,296 5,296
15 Other assets (describe bullet) Click to see attachment151,749 Click to see attachment157,506 Click to see attachment157,506
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 57,893,523 52,986,578 52,986,578
Liabilities 17 Accounts payable and accrued expenses.......... 34,303 42,478
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 attachment133,600 Click to see attachment29,600
23 Total liabilities (add lines 17 through 22)......... 167,903 72,078
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 42,725,620 39,281,476
25 Temporarily restricted...............    
26 Permanently restricted............... 15,000,000 13,633,024
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 57,725,620 52,914,500
31 Total liabilities and net assets/fund balances (see instructions). 57,893,523 52,986,578
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
57,725,620
2
Enter amount from Part I, line 27a .....................
2
66,062
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
104,000
4
Add lines 1, 2, and 3 ..........................
4
57,895,682
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,981,182
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
52,914,500
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 23,962,306   22,115,366 1,846,940
b 252,304     252,304
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,846,940
b       252,304
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,099,244
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))
2017 2,659,247 55,289,527 0.048097
2016 2,433,423 52,108,978 0.046699
2015 3,233,724 55,399,271 0.058371
2014 2,788,698 57,245,843 0.048714
2013 2,474,182 53,653,790 0.046114
2
Total of line 1, column (d) .....................
2
0.247995
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.049599
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
56,809,089
5
Multiply line 4 by line 3......................
5
2,817,674
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
28,000
7
Add lines 5 and 6........................
7
2,845,674
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,672,034
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 56,000
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 56,000
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 56,000
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 51,500
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 51,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4,500
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 2019 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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.BEVERIDGE.ORG
    14
    The books are in care ofbulletGMA FOUNDATIONS Telephone no.bullet (617) 426-7080

    Located atbullet2 LIBERTY SQUARE STE 500BOSTONMA ZIP+4bullet02109
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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). Click to see attachment
    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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    WARD S CASWELL PRESIDENT/DIRECTOR
    40.00     		182,250 34,889 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    PHILIP CASWELL VICE PRESIDENT/DIR. EMERITUS
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    RUTH S DUPONT TREASURER/DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    LEAH BEVERIDGE RICHARDSON CLERK/DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    CHRISTA PALMER BIGUE DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    CAROL A LEARY PHD DIRECTOR (THROUGH 4/25/18)
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    PETER WESTON DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    JABEZ PALMER DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    ELIZABETH L KIRKPATRICK DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    FREDERICK WILLIAM STECHER DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    JONATHAN CASWELL DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    ALEXANDER CASWELL ASST. CLERK/DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    ALEXANDRA B RUSSELL DIRECTOR
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    PATRICE SWANN DIRECTOR (AS OF 4/25/18)
    0.50     		0 0 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    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
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    BRANDES INVESTMENT PARTNERS INVESTMENT MANAGEMENT 82,986
    11988 EL CAMINO REAL 600
    SAN DIEGO,CA92130
    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  
    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
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    56,177,955
    b
    Average of monthly cash balances.......................
    1b
    1,496,247
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    57,674,202
    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
    57,674,202
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    865,113
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    56,809,089
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,840,454
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,840,454
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    56,000
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    56,000
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,784,454
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    15,000
    5
    Add lines 3 and 4............................
    5
    2,799,454
    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
    2,799,454
    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
    2,652,827
    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
    19,207
    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
    2,672,034
    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
    2,672,034
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 2,799,454
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015...... 350,525
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 350,525
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,672,034
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 2,672,034
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 127,420 127,420
    (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 5 223,105
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		223,105
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 223,105
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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:
    WARD CASWELL
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    (800) 229-9667
    WARD@CASWELL.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS SHOULD SUBMIT THE PROPOSAL ABSTRACT PROVIDED BY THE FOUNDATION ALONG WITH THE FOLLOWING REQUIRED DOCUMENTS: 1)COPY OF IRS LETTER CLASSIFYING THE APPLICANT AS EXEMPT UNDER CODE SECTIONS 509(A) & 501(C)(3);2)COPY OF 990 FOR THE MOST RECENT TWO YEARS;3)THREE CONSTRUCTION BIDS, IF CONSTRUCTION PROJECT;4)NAMES AND AFFILIATIONS OF THE BOARD MEMBERS;5)IF HOSPITAL OR OTHER HEALTH-RELATED FACILITY, A COPY OF THE DETERMINATION OF NEED (DON) OR A CERTIFICATE OF NEED (CON); 6)MOST RECENT AUDITED FINANCIAL STATEMENTS, IF APPLICABLE;7)NAME AND QUALIFICATIONS OF THE PERSON RESPONSIBLE FOR ADMINISTERING THE GRANT;8)DETAILED BUDGET OF THE PROJECT;9)LIST OF OTHER SOURCES OF FUNDING FOR THIS PROJECT;10)A STATEMENT THAT THE GRANT REQUEST IS EXECUTED BY A PERSON AUTHORIZED TO SUBMIT ON BEHALF OF THE REQUESTING ORGANIZATION;11)TABLE OF ORGANIZATION;12)IF A UNIT OF GOVERNMENT, EVIDENCE OF THE RELATIONSHIP.
    cAny submission deadlines:
    DUE DATE FOR RECEIPT OF COMPLETE PROPOSALS IS 5:00 PM ON FEBRUARY 1 AND AUGUST 1 OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    REJECTED PROGRAM ACTIVITES: INTERNATIONAL AFFAIRS;MEMBER BENEFIT. REJECTED TYPES OF SUPPORT: AWARDS/PRIZES/COMPETITIONS;COLLECTIONS MGMT; COMMISSIONING NEW WORKS; CONFERENCES/SEMINARS; CURRICULUM DEVELOPMENT;DEBT REDUCTION;EMPLOYEE MATCHING GIFTS;EMPLOYEE-BASED SCHOLARSHIPS;ENDOWMENT FUNDS;FACULTY/STAFF DEVELOPMENT;FELLOWSHIPS;FILM/VIDEO/RADIO PRODUCTION;FOUNDATION ADMINISTERED PROGRAMS;GENERAL/OPERATING SUPPORT;GRANTS/SCHOLARSHIPS TO INDIVIDUALS;INCOME DEVELOPMENT;INTERNSHIP FUNDS;MANAGEMENT DEVELOPMENT;PERFORMANCE/PRODUCTION COSTS;PROFESSORSHIPS;PROGRAM-RELATED INVESTMENT/LOANS;STUDENT AID. MAXIMUM GRANT AMOUNT REQUESTED SHOULD NOT EXCEED 25% OF THE TOTAL CONTRIBUTIONS FOR THE MOST RECENTLY ENDED FISCAL YEAR, OR 20% OF THE PROJECT BUDGET. APPROVED AREAS OF GIVING INCLUDE: HAMPDEN & HAMPSHIRE COUNTIES, MA.
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    AFOREMENTIONED PRODUCTIONS INC
    81 LEXINGTON ST
    BOSTON,MA02128     		N/A PC PROGRAM SUPPORT 500
    AMERICAN RED CROSS OF WESTERN MASS
    150 BROOKDALE STREET
    SPRINGFIELD,MA01104     		N/A PC PROGRAM SUPPORT 12,500
    ARGENZIANO SCHOOL PTA
    290 WASHINGTON STREET
    SOMERVILLE,MA02143     		N/A PC PROGRAM SUPPORT 5,000
    ART WITH IMPACT
    5214F DIAMOND HEIGHTS BLVD 454
    SAN FRANCISCO,CA94131     		N/A PC PROGRAM SUPPORT 2,400
    BABY BASICS INC
    47 BEAUFORT AVE
    NEEDHAM,MA02492     		N/A PC PROGRAM SUPPORT 5,000
    BAY PATH UNIVERSITY
    588 LONGMEADOW ST
    LONGMEADOW,MA01106     		N/A PC PROGRAM SUPPORT 40,000
    BETA SIGMA BOULE FOUNDATION
    PO BOX 4634
    SPRINGFIELD,MA01101     		N/A PC PROGRAM SUPPORT 750
    BOSTON PARTNERS IN EDUCATION INC
    44 FARNSWORTH ST
    BOSTON,MA02210     		N/A PC PROGRAM SUPPORT 2,500
    BOSTON SYMPHONY ORCHESTRA INC
    301 MASSACHUSETTS AVE
    BOSTON,MA02115     		N/A PC PROGRAM SUPPORT 5,000
    BOY SCOUTS OF AMERICA
    1 ARCH ROAD SUITE 5
    WESTFIELD,MA01085     		N/A PC PROGRAM SUPPORT 1,800
    BOYS & GIRLS CLUB OF GREATER HOLYOKE INC
    70 NICK COSMOS WAY PO BOX 6256
    HOLYOKE,MA01040     		N/A PC PROGRAM SUPPORT 2,000
    BRIDGE STREET SCHOOL PTO INC
    2 PARSONS STREET
    NORTHHAMPTON,MA01060     		N/A PC PROGRAM SUPPORT 5,000
    BRIMFIELD ELEMENTARY SCHOOL PTO
    28 WALES ROAD
    BRIMFIELD,MA01010     		N/A PC PROGRAM SUPPORT 3,800
    C-10 RESEARCH & EDUCATION FOUNDATION
    44 MERRIMAC ST
    NEWBURYPORT,MA01950     		N/A PC PROGRAM SUPPORT 1,000
    CAMP ARCADIA SCHOLARSHIP FOUNDATION
    42 GOODWIVES RIVER ROAD
    DARIEN,CT06820     		N/A PC PROGRAM SUPPORT 5,000
    CARLSBAD LANCER BASEBALL
    2588 EL CAMINO REAL F-232
    CARLSBAD,CA92008     		N/A PC PROGRAM SUPPORT 2,500
    CHERRY CREEK TOUCHDOWN CLUB
    PO BOX 4474
    GREENWOOD VILLAGE,CO80155     		N/A PC PROGRAM SUPPORT 5,000
    CHINO COMMUNITY CENTER
    PO BOX 2349
    CHINO,CA91708     		N/A PC PROGRAM SUPPORT 1,000
    CHOATE ROSEMARY HALL FOUNDATION INC
    333 CHRISTIAN ST
    WALLINGFORD,CT06492     		N/A PC PROGRAM SUPPORT 625
    COLORADO NONPROFIT DEVELOPMENT CENTER
    789 SHERMAN ST STE 250
    DENVER,CO80203     		N/A PC PROGRAM SUPPORT 2,500
    COMMON CAPITAL INC
    4 OPEN SQUARE WAY STE 407
    HOLYOKE,MA01040     		N/A PC PROGRAM SUPPORT 5,000
    COMMUNITY EDUCATION PROJECT INC
    4025 KALISPELL LN
    CHARLOTTE,NC28269     		N/A PC PROGRAM SUPPORT 30,000
    COMMUNITY FOUNDATION OF WESTERN MASSACHUSETTS
    333 BRIDGE STREET
    SPRINGFIELD,MA01103     		N/A PC PROGRAM SUPPORT 35,000
    CRISIS CLINIC
    9725 3RD AVE NE STE 300
    SEATTLE,WA98115     		N/A PC PROGRAM SUPPORT 2,500
    CUYAHOGA COUNTY PUBLIC LIBRARY FOUNDATION
    2111 SNOW RD
    CLEVELAND,OH44134     		N/A PC PROGRAM SUPPORT 3,000
    DOWNTOWN WOMEN'S CENTER
    442 SOUTH SAN PEDRO ST
    LOS ANGELES,CA90013     		N/A PC PROGRAM SUPPORT 4,000
    ENCHANTED CIRCLE INC
    4 OPEN SQUARE WAY
    HOLYOKE,MA01040     		N/A PC PROGRAM SUPPORT 5,000
    EPISCOPAL CHURCH OF THE GOOD SHEPHERD OF TEQUESTA INC
    400 SEABROOK RD
    TEQUESTA,FL33469     		N/A PC PROGRAM SUPPORT 2,500
    EQUINE RESCUE AND ADOPTION FOUNDATION INC
    PO BOX 1199
    PALM CITY,FL34991     		N/A PC PROGRAM SUPPORT 5,000
    FIDELCO GUIDE DOG FOUNDATION INC
    103 VISION WAY
    BLOOMFIELD,CT06002     		N/A PC PROGRAM SUPPORT 5,000
    FIRST CHURCH OF CHRIST IN LONGMEADOW UCC
    763 LONGMEADOW ST
    LONGMEADOW,MA01106     		N/A PC PROGRAM SUPPORT 5,000
    FLORENCE CRITTENTON SERVICES OF COLORADO
    96 SOUTH ZUNI ST
    DENVER,CO80223     		N/A PC PROGRAM SUPPORT 5,000
    FRIENDS OF PVPA CHARTER PUBLIC SCHOOL
    15 MULLIGAN DR
    SOUTH HADLEY,MA01075     		N/A PC PROGRAM SUPPORT 5,000
    FRIENDS OF WASHINGTON MUSIC
    2101 S JACKSON STREET
    SEATTLE,WA98144     		N/A PC PROGRAM SUPPORT 5,000
    GARFIELD HIGH SCHOOL PTSA
    400 23RD AVE
    SEATTLE,WA98122     		N/A PC PROGRAM SUPPORT 5,000
    GETTYSBURG COLLEGE
    300 N WASHINGTON ST BOX 426
    GETTYSBURG,PA17325     		N/A PC PROGRAM SUPPORT 5,000
    GIRLS INCORPORATED OF HOLYOKE
    PO BOX 6812
    HOLYOKE,MA01041     		N/A PC PROGRAM SUPPORT 5,000
    GORDON SCHOOL
    45 MAXFIELD AVE
    EAST PROVIDENCE,RI02914     		N/A PC PROGRAM SUPPORT 5,000
    GROUNDWORK SOMERVILLE INC
    337 SOMERVILLE AVE 2B
    SOMERVILLE,MA02143     		N/A PC PROGRAM SUPPORT 5,000
    GUS GIORDANO JAZZ LEGACY FOUNDATION
    5230 N CLARK STREET
    CHICAGO,IL60640     		N/A PC PROGRAM SUPPORT 5,000
    HOPE AND COMFORT INC
    PO BOX 241
    NEWTON UPPER FALLS,MA02464     		N/A PC PROGRAM SUPPORT 2,000
    HUMAN SERVICE FORUM
    100 WHITING FARMS ROAD 3
    HOLYOKE,MA01040     		N/A PC PROGRAM SUPPORT 5,000
    INNER EXPLORER INC
    430 FRANKLIN VILLAGE DR 325
    FRANKLIN,MA02038     		N/A PC PROGRAM SUPPORT 5,000
    INSIGHT PRODUCTIONS INC
    PO BOX 96
    MARLBORO,VT05344     		N/A PC PROGRAM SUPPORT 3,000
    INSTITUTE FOR POLICY STUDIES
    1301 CONNECTICUT AVE NW STE 600
    WASHINGTON,DC20036     		N/A PC PROGRAM SUPPORT 5,000
    JEANNE GEIGER CRISIS CENTER INC
    2 HARRIS STREET
    NEWBURYPORT,MA01950     		N/A PC PROGRAM SUPPORT 5,000
    JUPITER MEDICAL CENTER FOUNDATION INC
    1210 S OLD DIXIE HWY
    JUPITER,FL33458     		N/A PC PROGRAM SUPPORT 5,000
    LINK TO LIBRARIES INC
    35 BLUEGRASS DR
    E LONGMEADOW,MA01028     		N/A PC PROGRAM SUPPORT 20,500
    LOWELLS MARITIME FOUNDATION
    459 MAIN STREET
    AMESBURY,MA01913     		N/A PC PROGRAM SUPPORT 10,000
    MASSACHUSETTS PUBLIC HEALTH ASSOCIATION
    50 FEDERAL ST 8TH FLOOR
    BOSTON,MA02110     		N/A PC PROGRAM SUPPORT 2,500
    MOUNT WASHINGTON VALLEY CHORAL SOCIETY
    1857 WHITE MOUNTAIN HIGHWAY PMB 241
    NORTH CONWAY,NH03860     		N/A PC PROGRAM SUPPORT 5,000
    NATIONAL CONFERENCE FOR COMMUNITY & JUSTICE OF CT AND WESTERN MA INC
    820A PROSPECT HILL RD
    WINDSOR,CT06095     		N/A PC PROGRAM SUPPORT 1,000
    PENINSULA ASSOCIATION FOR RETARDED CHILDREN & ADULTS FOUNDATION
    800 AIRPORT BLVD 320
    BURLINGAME,CA94010     		N/A PC PROGRAM SUPPORT 5,000
    PIONEER VALLEY RIVERFRONT CLUB INC
    PO BOX 3123
    SPRINGFIELD,MA01101     		N/A PC PROGRAM SUPPORT 17,500
    PITTSBURGH YOUTH LEADERSHIP
    1034 FIFTH AVE
    PITTSBURGH,PA15219     		N/A PC PROGRAM SUPPORT 2,000
    PLYMOUTH HOUSING GROUP
    2113 THIRD AVE
    SEATTLE,WA98121     		N/A PC PROGRAM SUPPORT 5,000
    PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUDENTS INC
    2327 L STREET
    SACRAMENTO,CA95816     		N/A PC PROGRAM SUPPORT 2,500
    ROCKY MOUNTAIN INSTITUTE
    2490 JUNCTION PLACE STE 200
    BOULDER,CO80301     		N/A PC PROGRAM SUPPORT 15,000
    SAFE PASSAGE INC
    43 CENTER STREET
    NORTHAMPTON,MA01060     		N/A PC PROGRAM SUPPORT 5,000
    SANDWICH COMMUNITY SCHOOL INC
    1164 BUNKER HILL ROAD
    SOUTH TAMWORTH,NH03883     		N/A PC PROGRAM SUPPORT 5,000
    SEVENARS CONCERTS INC
    80 EAST END AVE 3G
    NEW YORK,NY10028     		N/A PC PROGRAM SUPPORT 5,000
    SHAKA FRANKLIN FOUNDATION FOR YOUTH
    8101 E DARTMOUTH AVE 11
    DENVER,CO80231     		N/A PC PROGRAM SUPPORT 2,500
    SISTERS OF PROVIDENCE- MINISTRIES FOR THE NEEDY INC
    5 GAMELIN ST
    HOLYOKE,MA01040     		N/A PC PROGRAM SUPPORT 25,000
    SPRINGFIELD SYMPHONY ORCHESTRA
    1441 MAIN ST SUITE 120
    SPRINGFIELD,MA01103     		N/A PC PROGRAM SUPPORT 5,000
    ST GEORGES CENTER INC
    21 W 22ND ST
    WEST PALM BEACH,FL33404     		N/A PC PROGRAM SUPPORT 5,000
    ST MATTHEWS CATHOLIC SCHOOL
    910 S EL CAMINO REAL
    SAN MATEO,CA94402     		N/A PC PROGRAM SUPPORT 5,000
    TECH FOUNDRY INC
    1391 MAIN ST FL 9
    SPRINGFIELD,MA01103     		N/A PC PROGRAM SUPPORT 35,000
    THIRD SECTOR NEW ENGLAND INC
    89 SOUTH ST STE 700
    BOSTON,MA02111     		N/A PC PROGRAM SUPPORT 43,500
    TREEHOUSE FOUNDATION INC
    1 TREEHOUSE CIRCLE
    EASTHAMPTON,MA01027     		N/A PC PROGRAM SUPPORT 5,000
    TRUSTEES OF TUFTS COLLEGE
    169 HOLLAND ST
    SOMERVILLE,MA02144     		N/A PC PROGRAM SUPPORT 625
    TRUSTEES OF WESTMINSTER SCHOOL INC
    995 HOPMEADOW STREET
    SIMSBURY,CT06070     		N/A PC PROGRAM SUPPORT 10,000
    U S S MASS MEMORIAL COMMITTEE INC
    5 BATTLESHIP COVE
    FALL RIVER,MA02721     		N/A PC PROGRAM SUPPORT 5,000
    UNIVERSITY SCHOOL
    2785 SOM CENTER RD
    HUNTING VALLEY,OH44022     		N/A PC PROGRAM SUPPORT 10,000
    VALLEY EYE RADIO
    44 HAMPDEN STREET
    SPRINGFIELD,MA01103     		N/A PC PROGRAM SUPPORT 5,000
    VALLEY VENTURE MENTORS
    1500 MAIN STREET
    SPRINGFIELD,MA01115     		N/A PC PROGRAM SUPPORT 5,000
    VERMONT WORKS FOR WOMEN INC
    32A MALLETTS BAY AVE
    WINOOSKI,VT05404     		N/A PC PROGRAM SUPPORT 4,000
    WASHINGTON MIDDLE SCHOOL PTSA
    2101 S JACKSON STREET
    SEATTLE,WA98144     		N/A PC PROGRAM SUPPORT 2,500
    WELCOME PROJECT INC
    530 MYSTIC AVE STE 111
    SOMERVILLE,MA02145     		N/A PC PROGRAM SUPPORT 3,000
    WESTFIELD ON WEEKENDS INC
    59 COURT STREET
    WESTFIELD,MA01085     		N/A PC PROGRAM SUPPORT 5,000
    WHOLE SPORTS
    1240 VISTA COLINA DR
    SAN MARCOS,CA92078     		N/A PC PROGRAM SUPPORT 2,500
    AMYOTROPHIC LATERAL SCLEROSIS ASSOCIATION
    1275 K STREET NW STE 250
    WASHINGTON,DC20005     		N/A PC PROGRAM SUPPORT 5,000
    ASSOCIATED GRANTMAKERS OF MASSACHUSETTS
    133 FEDERAL ST 802
    BOSTON,MA02110     		N/A PC PROGRAM SUPPORT 10,000
    BLUES TO GREEN INC
    18 TUCKER ROAD
    HUNTINGTON,MA01050     		N/A PC PROGRAM SUPPORT 10,000
    CENTER FOR NEW AMERICANS INC
    42 GOTHIC STREET
    NORTHAMPTON,MA01060     		N/A PC PROGRAM SUPPORT 15,000
    CHESTER THEATRE COMPANY INC
    PO BOX 722 4 MAIN ST
    CHESTER,MA01011     		N/A PC PROGRAM SUPPORT 4,000
    THE EPISCOPAL CHURCH OF THE ATONEMENT
    36 COURT ST
    WESTFIELD,MA01085     		N/A PC PROGRAM SUPPORT 20,000
    COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTER
    247 CABOT ST
    HOLYOKE,MA01040     		N/A PC PROGRAM SUPPORT 7,000
    COMMUNITY UPLIFTMENT PROGRAM INC
    465 BELMONT AVE
    SPRINGFIELD,MA01108     		N/A PC PROGRAM SUPPORT 10,000
    CONNECTICUT RIVER WATERSHED COUNCIL INC
    15 BANK ROW
    GREENFIELD,MA01301     		N/A PC PROGRAM SUPPORT 20,000
    DOUBLE EDGE THEATRE PRODUCTIONS INC
    948 CONWAY RD
    ASHFIELD,MA01330     		N/A PC PROGRAM SUPPORT 6,500
    DRAMA STUDIO INC
    PO BOX 80892
    SPRINGFIELD,MA01138     		N/A PC PROGRAM SUPPORT 35,000
    FIVE COLLEGES INCORPORATED
    97 SPRING ST
    AMHERST,MA01002     		N/A PC PROGRAM SUPPORT 30,000
    THE FOOD BANK OF WESTERN MASSACHUSETTS INC
    PO BOX 160 97 N HATFIELD RD
    HATFIELD,MA01038     		N/A PC PROGRAM SUPPORT 30,000
    FRANKLIN LAND TRUST
    PO BOX 450
    SHELBURNE FALLS,MA01370     		N/A PC PROGRAM SUPPORT 40,000
    FRIENDS OF THE WESTFIELD 350 INC
    59 COURT STREET
    WESTFIELD,MA01085     		N/A PC PROGRAM SUPPORT 30,000
    GIRLS ON THE RUN
    PO BOX 72
    WILLIAMSBURG,MA01096     		N/A PC PROGRAM SUPPORT 20,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    PO BOX 60642
    FLORENCE,MA01062     		N/A PC PROGRAM SUPPORT 30,000
    HARMONY HOUSE INC
    PO BOX 6135
    HOLYOKE,MA01040     		N/A PC PROGRAM SUPPORT 20,000
    THE HAROLD GRINSPOON CHARITABLE FOUNDATION
    380 UNION STREET
    WEST SPRINGFIELD,MA01089     		N/A PF PROGRAM SUPPORT 7,500
    HEALTH LAW ADVOCATES INC
    1 FEDERAL ST 5TH FLOOR
    BOSTON,MA02110     		N/A PC PROGRAM SUPPORT 20,000
    HILLTOWN VILLAGE INC
    PO BOX 146
    CUMMINGTON,MA01026     		N/A PC PROGRAM SUPPORT 9,000
    HITCHCOCK CENTER FOR THE ENVIRONMENT INC
    845 WEST ST
    AMHERST,MA01002     		N/A PC PROGRAM SUPPORT 35,000
    KESTREL LAND TRUST
    PO BOX 1016
    AMHERST,MA01004     		N/A PC PROGRAM SUPPORT 25,000
    KISTNER FOUNDATION INC DBA RED GATE FARM
    4 NORMAN RD
    ASHFIELD,MA01330     		N/A PC PROGRAM SUPPORT 5,000
    LEADERSHIP PIONEER VALLEY
    1 FEDERAL ST BLDG 1
    SPRINGFIELD,MA01105     		N/A PC PROGRAM SUPPORT 12,500
    LITERACY LAB
    1003 K ST NW STE 500
    WASHINGTON,DC20001     		N/A PC PROGRAM SUPPORT 15,000
    LOVIN SPOONFULS INC
    1304 COMMONWEALTH AVE STE E
    BOSTON,MA02134     		N/A PC PROGRAM SUPPORT 18,000
    LUDLOW BOYS & GIRLS CLUB INC
    91 CLAUDIAS WAY
    LUDLOW,MA01056     		N/A PC PROGRAM SUPPORT 27,500
    MASS MENTORING PARTNERSHIP INC
    75 KNEELAND ST 11TH FLOOR
    BOSTON,MA02111     		N/A PC PROGRAM SUPPORT 17,500
    MASSACHUSETTS FOUNDATION FOR THE HUMANITIES
    66 BRIDGE ST
    NORTHAMPTON,MA01060     		N/A PC PROGRAM SUPPORT 10,000
    MENTAL HEALTH ASSOCIATION OF GREATER SPRINGFIELD
    995 WORTHINGTON ST
    SPRINGFIELD,MA01109     		N/A PC PROGRAM SUPPORT 25,000
    NEW ENGLAND PUBLIC RADIO FOUNDATION INC
    1525 MAIN ST
    SPRINGFIELD,MA01103     		N/A PC PROGRAM SUPPORT 22,500
    NORTHAMPTON CENTER FOR THE ARTS INC
    PO BOX 366
    NORTHAMPTON,MA01061     		N/A PC PROGRAM SUPPORT 5,000
    NORTHAMPTON NEIGHBORS INC
    PO BOX 231
    NORTHAMPTON,MA01061     		N/A PC PROGRAM SUPPORT 3,000
    NORTHFIELD MOUNT HERMON SCHOOL
    ONE LAMPLIGHTER WAY
    MOUNT HERMON,MA01354     		N/A PC PROGRAM SUPPORT 50,000
    OPEN PANTRY COMMUNITY SERVICE INC
    PO BOX 5127
    SPRINGFIELD,MA01101     		N/A PC PROGRAM SUPPORT 15,000
    PARTNERSHIP FOR POLICY INTEGRITY
    54 ARNOLD ROAD
    PELHAM,MA01002     		N/A PC PROGRAM SUPPORT 10,000
    POLITICAL ASYLUM IMMIGRATION REPRESENTATION PROJECT
    98 N WASHINGTON ST STE 106
    BOSTON,MA02114     		N/A PC PROGRAM SUPPORT 10,000
    READER TO READER INC
    38 WOODSIDE AVE
    AMHERST,MA01102     		N/A PC PROGRAM SUPPORT 15,000
    REVITALIZE COMMUNITY DEVELOPMENT CORPORATION
    1145 MAIN ST STE 107
    SPRINGFIELD,MA01103     		N/A PC PROGRAM SUPPORT 35,000
    RIVERSIDE INDUSTRIES INC
    ONE COTTAGE STREET
    EASTHAMPTON,MA01027     		N/A PC PROGRAM SUPPORT 20,000
    ROBERT F KENNEDY CHILDRENS ACTION CORPS
    40 COURT ST STE 410
    BOSTON,MA02108     		N/A PC PROGRAM SUPPORT 30,000
    RONALD MCDONALD HOUSE OF SPRINGFIELD MASS INC
    34 CHAPIN TERRACE
    SPRINGFIELD,MA01107     		N/A PC PROGRAM SUPPORT 30,000
    SECOND CHANCE ANIMAL SHELTER INC
    PO BOX 136 111 YOUNG RD
    EAST BROOKFIELD,MA01515     		N/A PC PROGRAM SUPPORT 20,000
    SOLDIER ON INC
    290 MERRILL ROAD
    PITTSFIELD,MA01201     		N/A PC PROGRAM SUPPORT 13,500
    SPRINGFIELD BOYS CLUB
    481 CAREW ST
    SPRINGFIELD,MA01104     		N/A PC PROGRAM SUPPORT 20,000
    SPRINGFIELD LIBRARY FOUNDATION INC
    PO BOX 28
    EAST LONGMEADOW,MA01028     		N/A PC PROGRAM SUPPORT 35,000
    SPRINGFIELD MUSEUMS CORPORATION
    21 EDWARDS ST
    SPRINGFIELD,MA01103     		N/A PC PROGRAM SUPPORT 35,000
    SPRINGFIELD OPERATIONS ECS INC
    PO BOX 15395
    SPRINGFIELD,MA01115     		N/A PC PROGRAM SUPPORT 40,000
    SPRINGFIELD PUBLIC FORUM INC
    PO BOX 5374
    SPRINGFIELD,MA01101     		N/A PC PROGRAM SUPPORT 5,750
    TEACH FOR AMERICA INC
    25 BROADWAY 12TH FLOOR
    NEW YORK,NY10004     		N/A PC PROGRAM SUPPORT 15,000
    WAY FINDERS INC
    120 MAPLE ST STE 400
    SPRINGFIELD,MA01103     		N/A PC PROGRAM SUPPORT 25,000
    WESTERN NEW ENGLAND UNIVERSITY
    1215 WILBRAHAM RD
    SPRINGFIELD,MA01119     		N/A PC PROGRAM SUPPORT 15,000
    WOMANSHELTERCOMPAERAS INC
    PO BOX 1099
    HOLYOKE,MA01041     		N/A PC PROGRAM SUPPORT 5,000
    STANLEY PARK OF WESTFIELD INC
    400 WESTERN AVE
    WESTFIELD,MA01085     		N/A POF PROGRAM SUPPORT 706,603
    Total .................................bullet 3a 2,311,353
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 481  
    4 Dividends and interest from securities....     14 1,211,275  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,099,244  
    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 3,311,000 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,311,000
    (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 (2018)
    Form 990-PF (2018)
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 73,724 36,862   35,015

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    THE HAROLD GRINSPOON CHARITABLE FOUNDATION
          		380 UNION STREET
    WEST SPRINGFIELD,MA01089     		2018-06-15 7,500 HONOR 118 PUBLIC, PAROCHIAL & CHARTER SCHOOL TEACHERS IN 30 DISTRICTS IN HAMPDEN, HAMPSHIRE & FRANKLIN COUNTIES 7,500 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED 07/19/2018   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Name of Bond End of Year Book Value End of Year Fair Market Value
    UBS - FIXED INCOME SECURITIES 8,178,697 8,178,697

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Name of Stock End of Year Book Value End of Year Fair Market Value
    UBS - CORPORATE STOCK 27,797,816 27,797,816

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    US Government Securities - End of Year Book Value:

    4,298,481
    US Government Securities - End of Year Fair Market Value:

    4,298,481
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    UBS - MUTUAL FUNDS FMV 11,057,663 11,057,663

    TY 2018 LandEtcSchedule2
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 4,859 2,796 2,063 2,063
    OFFICE EQUIPMENT 6,743 3,510 3,233 3,233


    TY 2018 LegalFeesSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 21,995 10,998   8,498


    TY 2018 OtherAssetsSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME/DIVIDEND RECEIVABLE 84,874 85,006 85,006
    INTANGIBLE ASSETS, NET 4,375 12,500 12,500
    PROGRAM-RELATED INVESTMENTS 35,000 35,000 35,000
    MASSACHUSETTS COMMUNITY INVESTMENT TAX CREDIT RECEIVABLE 27,500 25,000 25,000


    TY 2018 OtherDecreasesSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Description Amount
    UNREALIZED NET LOSS ON INVESTMENTS 4,981,182


    TY 2018 OtherExpensesSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 6,035 1,255   5,015
    POSTAGE AND FREIGHT 594 124   420
    WEBSITE EXPENSE 3,756 0   4,206
    TELEPHONE 6,267 1,303   4,964
    MEMBERSHIPS, DUES, & SUBSCRIPTIONS 6,902 0   6,875
    INSURANCE 5,828 1,212   4,616
    PAYROLL PROCESSING FEES 1,820 0   1,820
    SOFTWARE EXPENSE 2,030 0   2,019


    TY 2018 OtherIncreasesSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Description Amount
    DEFERRED EXCISE TAX ADJUSTMENT 104,000


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 124,000 25,000
    EXCISE TAX PAYABLE 9,600 4,600


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 28,805 0   27,980
    INVESTMENT MANAGEMENT FEES 370,179 370,179   0


    TY 2018 TaxesSchedule
    Name:
    THE BEVERIDGE FAMILY FOUNDATION INC
    EIN:
    31-1698286
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX ON INVESTMENTS 24,409 24,409   0
    FEDERAL EXCISE TAXES 61,202 0   0