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

02-0235690
B Telephone number (see instructions)

(603) 622-4013
C bullet
G Check all that apply:

D 1. 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$32,860,143J 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 2,430 196  
4 Dividends and interest from securities... 888,277 888,277  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,168,231
b Gross sales price for all assets on line 6a 13,962,593
7 Capital gain net income (from Part IV, line 2)... 2,168,231
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 16 0  
12 Total. Add lines 1 through 11........ 3,058,954 3,056,704  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 75,000 37,500   37,500
14 Other employee salaries and wages...... 32,500 16,250   16,250
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,550 5,775   5,775
c Other professional fees (attach schedule).... Click to see attachment 171,023 171,023   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 43,837 4,599   1,248
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 5,631 2,815   2,816
21 Travel, conferences, and meetings....... 2,000 1,000   1,000
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 41,542 30,338   11,204
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 383,083 269,300   75,793
25 Contributions, gifts, grants paid....... 1,556,921 1,556,921
26 Total expenses and disbursements. Add lines 24 and 25 1,940,004 269,300   1,632,714
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,118,950
b Net investment income (if negative, enter -0-) 2,787,404
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............. 1,399,101 2,230,066 2,230,066
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 18,961,808 Click to see attachment18,381,684 22,551,725
c Investments—corporate bonds (attach schedule)....... 7,435,510 Click to see attachment8,303,619 8,078,352
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,796,419 28,915,369 32,860,143
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 27,796,419 28,915,369
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 27,796,419 28,915,369
31 Total liabilities and net assets/fund balances (see instructions). 27,796,419 28,915,369
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
27,796,419
2
Enter amount from Part I, line 27a .....................
2
1,118,950
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
28,915,369
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
28,915,369
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 RBC - 61575 P    
b RBC - 61575 P    
c RBC - 19012 CAP GAIN DIST P    
d RBC - 19012 P    
e RBC - 19012 P    
RBC - 23312 P    
RBC - 23312 P    
RBC - 27112 P    
RBC - 27112 P    
RBC - 27112 P    
RBC - 27112 P    
RBC - 92511 P    
RBC - 92511 P    
RBC - 45139 P    
RBC - 45139 P    
RBC - 49051 P    
RBC - 49055 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 4,059,575   4,065,731 -6,156
b 1,363,592   1,001,891 361,701
c 47,495     47,495
d 146,679   80,039 66,640
e 5,103,703   3,542,010 1,561,693
99,873   112,917 -13,044
704,240   566,507 137,733
9,209   9,299 -90
871,456   853,354 18,102
106,050   104,906 1,144
119,676   120,539 -863
522,044   512,343 9,701
452,588   467,985 -15,397
240,000   239,998 2
60,000   60,000 0
962   1,146 -184
55,451   55,697 -246
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       -6,156
b       361,701
c       47,495
d       66,640
e       1,561,693
      -13,044
      137,733
      -90
      18,102
      1,144
      -863
      9,701
      -15,397
      2
      0
      -184
      -246
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 2,168,231
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 1,784,379 35,547,064 0.050198
2016 1,366,986 32,339,689 0.042270
2015 1,734,825 33,041,159 0.052505
2014 1,573,182 32,934,179 0.047767
2013 1,496,503 34,494,824 0.043383
2
Total of line 1, column (d) .....................
2
0.236123
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
0.047225
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
34,854,798
5
Multiply line 4 by line 3......................
5
1,646,018
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
27,874
7
Add lines 5 and 6........................
7
1,673,892
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,632,714
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 55,748
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 55,748
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 55,748
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 53,412
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 53,412
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,336
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)
    bulletNH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCHARLES GOODWIN Telephone no.bullet (603) 622-4013

    Located atbullet1001 ELM STREETMANCHESTERNH ZIP+4bullet031011828
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —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
     
     
    ........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 bullet2017, 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
    Yes
     
    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
     
     
    .........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
     
     
    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
    CHARLES GOODWIN TRUSTEE
    20.00     		25,000 0 0
    433 N BAY STREET
    MANCHESTER,NH03104
    PETER KACHAVOS TRUSTEE
    20.00     		25,000 0 0
    412 ARAH STREET
    MANCHESTER,NH03104
    MARK NORTHRIDGE TRUSTEE
    20.00     		25,000 0 0
    344 DREW HILL ROAD
    ALTON,NH03809
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    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  
    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
    33,474,779
    b
    Average of monthly cash balances.......................
    1b
    1,910,803
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    35,385,582
    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
    35,385,582
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    530,784
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    34,854,798
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,742,740
    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
    1,742,740
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    55,748
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    55,748
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,686,992
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,686,992
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,686,992
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,632,714
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,632,714
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,632,714
    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 1,686,992
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,685,818
    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......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,632,714
    a Applied to 2017, but not more than line 2a 1,632,714
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		Click to see attachment0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		53,104
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		1,686,992
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    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
    1929-09-28
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 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:
    COGSWELL BENEVOLENT TRUST
    1001 ELM STREET
    MANCHESTER,NH03101
    (603) 622-4013
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION WITH COPY OF 501(C)(3) DETERMINATION LETTER
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    90% OF AWARDS HAVE TO STAY IN NEW HAMPSHIRE PER TRUST DOCUMENT
    Form 990-PF (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
    ACTORSINGERS
    216 LAKE ST
    NASHUA,NH03060     		NONE 501(C)(3) SUPPORT THEIR PRODUCTION ENTERED IN THE NE REGIONAL COMMUNITY THEATRE FESTIVAL 1,500
    TEMPLE ADATH YESHURUM
    152 PROSPECT ST
    MANCHESTER,NH03104     		NONE 501(C)(3) REPLACE SPRINKLER SYSTEM, PAVEMENT & ADD SECURITY LIGHTING AT MANCHESTER JEWISH CEMETERY 5,000
    ALTON COMMUNITY SERVICES
    141 MAIN STREET
    ALTON,NH03809     		NONE 501(C)(3) SUPPORT FOR FOOD PANTRY 2,500
    AMERICAN DIABETES ASSOCIATION OF NEW ENGLAND
    146 CLIFFORD STREET
    PROVIDENCE,RI02903     		NONE 501(C)(3) FUND FOUR NH RESIDENTS TO ATTEND CAMP CAREFREE 10,000
    AMERICAN RED CROSS OF NEW HAMPSHIRE
    2 MAITLAND STREET
    CONCORD,NH03301     		NONE 501(C)(3) REPLENISH DISASTER RELIEF FUND 10,000
    AVIATION MUSEUM OF NH
    27 NAVIGATION RD
    LONDONDERRY,NH03053     		NONE 501(C)(3) COVER COSTS TO ACCEPT A COLLECTION FROM TOY MUSEUM IN MA 5,000
    BARTON CENTER FOR DIABETES EDUCATION INC
    PO BOX 356
    NORTH OXFORD,MA01537     		NONE 501(C)(3) CAMPERSHIPS 25,000
    BEHAVIORAL HEALTH & DEVELOPMENTAL SERVICES OF STRAFFORD COUNTY
    113 CROSBY ROAD
    STRAFFORD,NH03820     		NONE 501(C)(3) OPERATING & EXPANSION OF PROGRAM 5,000
    BEKTASH TEMPLE
    189 PEMBROKE ROAD
    CONCORD,NH03302     		NONE 501(C)(3) $3,000 EACH SHRINE BURNS INSTITUTE IN BOSTON & SHRINE HOSPITAL FOR CRIPPLED ($6,000) 6,000
    BIG BROTHER BIG SISTERS OF NH
    25 LOWELL STREET 1
    MANCHESTER,NH03101     		NONE 501(C)(3) YOUTH MENOTORING WITH EMPHASIS ON SUBSTANCE ABUSE 10,000
    BOYS & GIRLS CLUB OF MANCHESTER
    555 UNION STREET
    MANCHESTER,NH03104     		NONE 501(C)(3) FOR MORE KIDS, BRIGHTER FUTURES CAPITAL CAMPAIGN TO RENOVATE CAMP FOSTER & EXPANSION OF 555 UNION STREET 50,000
    BOYS & GIRLS CLUB OF GREATER NASHUA
    1 POSITIVE PL
    NASHUA,NH03060     		NONE 501(C)(3) UPGRADE CLUB'S PLAYGROUND 15,000
    BOYS & GIRLS CLUB OF GREATER SALEM
    3 GEREMONTY DR
    SALEM,NH03079     		NONE 501(C)(3) RENOVATE POOL & REPAIR POOL ROOF 15,000
    BREAKTHROUGH MANCHESTER DERRYFIELD SCHOOL
    2108 RIVER ROAD
    MANCHESTER,NH03104     		NONE 501(C)(3) FOR PARTICIPATION OF 14 7TH GRADE CHILDREN IN SUMMER PROGRAM 28,000
    BRIDGES DOMESTIC & SEXUAL VIOLENCE SUPPORT SERVICES
    16 ELM STREET 2
    MILFORD,NH03055     		NONE 501(C)(3) PURCHASE A NEW COMPUTER 3,000
    CANDIA TOWN OF
    74 HIGH STREET
    CANDIA,NH03034     		NONE GOV SUPPORT FOR CANDIA FOOD PANTRY 2,500
    CANTERBURY SHAKER VILLAGE
    288 SHAKER RD
    CANTERBURY,NH03224     		NONE 501(C)(3) UPGRADE INFORMATION TECHNOLOGY INFRASTRUCTURE 16,776
    CARDIGAN MOUNTAIN SCHOOL
    62 ALUMNI DR
    CANAAN,NH03741     		NONE 501(C)(3) BUILDING CAMPAIGN FOR THE CENTER FOR EXPLORATION 10,000
    CASA NEW HAMPSHIRE
    PO BOX 1327
    MANCHESTER,NH03105     		NONE 501(C)(3) PURCHASE BACKUP GENERATOR 17,600
    CENTER FOR NEW BEGINNINGS
    229 COTTAGE ST
    LITTLETON,NH03561     		NONE 501(C)(3) PAINT INTERIOR & EXTERIOR OF FACILITY 5,000
    CHILD & FAMILY SERVICES OF NEW HAMPSHIRE
    464 CHESTNUT STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) UPGRADE DATABASE TO KAISER'S EDGE NXT 47,000
    CLAREMONT LEARNING PARTNERSHIP
    169 MAIN ST
    CLAREMONT,NH03743     		NONE 501(C)(3) SUPPORT TEEN HOUSING PROGRAM'S MENTAL HEALTH PROGRAM 10,000
    CLAREMONT SOUP KITCHEN
    53 CENTRAL STREET
    CLAREMONT,NH03743     		NONE 501(C)(3) SUPPORT FOR SOUP KITCHEN 2,500
    COMMUNITY ACTION PROGRAM
    2 INDUSTRIAL PARK DR
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT HOMELESSNESS & HOUSING PROGRAMS 2,500
    COMMUNITY KITCHEN INC
    37 MECHANIC ST
    KEENE,NH03431     		NONE 501(C)(3) $10,000 FOR COALITION 0F FOOD PANTRIES & $2,500 FOR THE FALL MOUNTAIN FOOD SHELF 12,500
    CONCORD COMMUNITY MUSIC SCHOOL
    23 WALL ST
    CONCORD,NH03301     		NONE 501(C)(3) MUSIC IN THE COMMUNITY INITIATIVE 10,000
    CONCORD HOSPITAL TRUST
    250 PLEASANT ST
    CONCORD,NH03301     		NONE 501(C)(3) HEALTHY BEGINNINGS ENDOWMENT POSITIVE SOLUTIONS FOR FAMILIES PILOT PROJECT 10,000
    CORNERSTONE VNA
    178 FARMINGTON RD
    ROCHESTER,NH03867     		NONE 501(C)(3) IMPLEMENTATION OF FORCURA INTERFACE SOFTWARE APPLICATION 10,000
    CORNUCOPIA PROJECT
    49 VOSE RD STE 110
    PETERBOROUGH,NH03458     		NONE 501(C)(3) INFRASTRUCTURE IMPROVEMENTS TO FARM TO FORK FARM SITE 5,000
    DENTAL LIFELINE NETWORK NH
    PO BOX 3487
    CONCORD,NH03302     		NONE 501(C)(3) SUPPORT DONATED DENTAL SERVICES PROGRAM 5,000
    DERRYFIELD SCHOOL
    2108 RIVER ROAD
    MANCHESTER,NH03104     		NONE 501(C)(3) $75,000 3-YR PLEDGE FOR SCIENCE & INNOVATION CENTER & ATHLETIC & WELLNESS CENTER 25,000
    EASTER SEALS NEW HAMPSHIRE
    25 LOWELL STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) BIG IDEAS FOR BUILDING INDEPENDENCE CAMPAIGN TO RENOVATE 555 AUBURN STREET 75,000
    FAMILIES IN TRANSITION
    122 MARKET ST
    MANCHESTER,NH03101     		NONE 501(C)(3) 2 YEAR PLEDGE FOR INFRASTRUCTURE AND SERVICES ENHANCEMENT PLAN 50,000
    FAMILIES IN TRANSITION
    122 MARKET ST
    MANCHESTER,NH03101     		NONE 501(C)(3) NEW HORIZONS 25TH ANNUAL THANKSGIVING BREAKFAST 25,000
    FELLOWSHIP HOUSING OPPORTUNITIES
    26 PLEASANT ST
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT TRANSPORTATION SERVICES FOR FELLOWSHIP HOUSE 15,000
    FLEUR DE LIS CAMP
    120 HOWEVILLE RD
    FITZWILLIAM,NH03447     		NONE 501(C)(3) PROGRAM FOR GIRLS WHO HAVE LOST A PARENT 5,000
    FRIENDS OF THE COLONIAL
    PO BOX 204
    BETHLEHEM,NH03574     		NONE 501(C)(3) SUPPORT PROGRAM DEVELOPMENT 2,500
    FRIENDS OF VETERANS
    222 HOLIDAY DR STE 20
    WHITE RIVER JUNCTION,VT05001     		NONE 501(C)(3) PROGRAM TO ASSIT VETERANS WHO ARE EXPERIENCING DIFFICULT TIMES 5,000
    FRISBIE MEMORIAL HOSPITAL
    11 WHITEHALL RD
    ROCHESTER,NH03867     		NONE 501(C)(3) BUY RETINAVUE 100 IMAGERS FOR DIABETICS TO GET EYE EXAMS 10,000
    GATHER
    210 W RD 3
    PORTSMOUTH,NH03801     		NONE 501(C)(3) MEALS 4 KIDS PROGRAM SUPPORT 5,000
    GIRLS AT WORK
    4 ELM STREET
    MANCHESTER,NH03103     		NONE 501(C)(3) GENERAL OPPERATING EXPENSES 35,000
    GIRLS INC OF NH
    815 ELM STREET SUITE 4A
    MANCHESTER,NH03101     		NONE 501(C)(3) EXPAND THE MENTORING PROGRAM 15,000
    GIRLS SCOUTS OF THE GREEN & WHITE MOUNTAINS
    1 COMMERCE DR
    BEDFORD,NH03110     		NONE 501(C)(3) SUPPORT MOBILE STEM LAB INITIATIVE 10,000
    GENESIS BEHAVIORAL HEALTH
    40 BEACON ST
    LACONIA,NH03246     		NONE 501(C)(3) CONSOLIDATE FOUR BUILDINGS INTO ONE 25,000
    GRANITE UNITED WAY
    228 MAPLE STREET 4TH FLOOR
    MANCHESTER,NH03103     		NONE 501(C)(3) WHOLE VILLAGE FAMILY RESOURCE CENTER SUPPORT IMPLEMENTAION OF FAMILY SUPPORTS & ASSET BUILDING PROGRAMMING 7,000
    GRANITE UNITED WAY
    228 MAPLE STREET 4TH FLOOR
    MANCHESTER,NH03103     		NONE 501(C)(3) $100,000 PLEDGE TO SUPPORT THE STRATEGIC PLAN FOR EDUCATION 50,000
    GRAPEVINE FAMILY & COMMUNITY RESOURCE CENTER
    4 AIKEN ST
    ANTRIM,NH03440     		NONE 501(C)(3) SUPPORT AVENUE A'S OUT OF SCHOOL ENRICHMENT INITIATIVE 10,000
    GREATER MANCHESTER COMMUNITY HEALTH CENTER
    401 CYPRESS STREET
    MANCHESTER,NH03103     		NONE 501(C)(3) SUPPORT FOR EYE CARE CENTER 50,000
    GREATER NASHUA DENTAL CONNECTION
    31 CROSS ST
    NASHUA,NH03064     		NONE 501(C)(3) BUY A DENTAL CHAIR 25,000
    HELPING HANDS OUTREACH CENTER
    50 LOWELL ST
    MANCHESTER,NH03101     		NONE 501(C)(3) SUPPORT TRANSITION FUND INITIATIVE 9,600
    HOMELESS CENTER FOR STRAFFORD COUNTY
    9 ISINGLAS DR
    ROCHESTER,NH03839     		NONE 501(C)(3) PROGRAM EXPANSION 5,000
    KINGSWOOD YOUTH CENTER
    565 CENTER ST
    WOLFEBORO,NH03894     		NONE 501(C)(3) REPAIRS TO THE FACILITY'S WATER SYSTEM 1,400
    KURN HATTIN HOMES FOR CHILDREN
    708 KURT HATTIN ROAD
    WESTMINSTER,VT05158     		NONE 501(C)(3) OUTPATIENT SERVICES FOR NH CHILDREN 3,045
    LIVE & LET LIVE FARM INC
    20 PARADISE LANE
    CHICHESTER,NH03258     		NONE 501(C)(3) TOWARDS PURCHASE OF 4X4 PICK UP TRUCK 10,000
    MANCHESTER CHORAL SOCIETY
    22 BRIAR RD
    BEDFORD,NH03110     		NONE 501(C)(3) SCHOLARSHIP ASSISTANCE 2,000
    MANCHESTER HISTORIC ASSN
    220 BEDFORD ST
    MANCHESTER,NH03101     		NONE 501(C)(3) REPLACE HEAT PUMP AT MILLYARD MUSEUM 10,000
    MARY & JOHN ELLIOT CHARITABLE FOUNDATION
    701 RIVERWAY PLACE BUILDING 7
    BEDFORD,NH03110     		NONE 501(C)(3) 4 YR $250,000 PLEDGE FOR CONSTRUCTION OF THE REGIONAL CANCER CENTER 100,000
    MASONIC GRAND LODGE
    30 MONT VERNON STREET
    MILFORD,NH03055     		NONE 501(C)(3) THE "DARE" PROGRAM 2,000
    MOUNT WASHINGTON VALLEY MASONIC ANGEL FUND
    PO BOX 2483
    NORTH CONWAY,NH03860     		NONE 501(C)(3) ASSIST NEEDY CHILDREN IN FULFILLING A NEED (CLOTHES, MEDICAL, FOOD) 2,000
    NASHUA CHILDREN'S HOME
    125 AMHERST STREET
    NASHUA,NH03064     		NONE 501(C)(3) TRANSITIONAL LIVING PROGRAM 10,000
    NEW DURHAM FOOD PANTRY
    5 MAIN STREET
    NEW DURHAM,NH03855     		NONE 501(C)(3) SPECIAL YEAR-END SUPPORT 2,500
    NEW HORIZONS FOR NEW HAMPSHIRE INC
    199 MANCHESTER STREET PO BOX 691
    MANCHESTER,NH03105     		NONE 501(C)(3) 28TH ANNUAL WALK AGAINST HUNGER 20,000
    NH CENTER FOR NONPROFITS
    194 PLEASANT ST
    CONCORD,NH03301     		NONE 501(C)(3) PREPARE & ENGAGE FUTURE NONPROFIT BOARD LEADERS 10,000
    NH COMMUNITY LOAN FUND
    7 WALL ST
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT BUSINESS OF CHILD CARE PROGRAM IN MANCHESTER & SURROUNDING COMMUNITIES 15,000
    NH FOOD BANK
    700 E INDUSTRIAL PARK DRIVE
    MANCHESTER,NH03109     		NONE 501(C)(3) PURCHASE FOOD FOR DISTRIBUTION TO LOW INCOME FAMILIES 50,000
    NH FOOD BANK
    700 E INDUSTRIAL PARK DRIVE
    MANCHESTER,NH03109     		NONE 501(C)(3) PURCHASE THANKSGIVING TURKEYS 50,000
    NH HISTORICAL SOCIETY
    30 PARK STREET
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT DEMOCRACY PROJECT 15,000
    NH INSTITUTE OF ART
    148 CONCORD ST
    MANCHESTER,NH03104     		NONE 501(C)(3) COMPLETE RENOVATIONS TO ST. ANNE'S CHURCH FOR THE YOUTH ARTS CENTER 50,000
    NH MUSIC FESTIVAL
    42 MAIN STREET
    PLYMOUTH,NH03264     		NONE 501(C)(3) OFFER FREE SEATS TO CONCERTS IN PLYMOUTH & WOLFEBORO 5,000
    NH STATE LIBRARY
    20 PARK STREET
    CONCORD,NH03301     		NONE 501(C)(3) KIDS, BOOKS & THE ARTS PROGRAM 1,500
    NORTH COUNTRY HOME HEALTH & HOSPICE AGENCY
    536 COTTAGE ST
    LITTLETON,NH03561     		NONE 501(C)(3) TECHNOLOGY UPGRADE: PHASE ONE 10,000
    NORTHEAST ORGANIC FARMING ASSN OF NH
    84 SILK FARM RD
    CONCORD,NH03301     		NONE 501(C)(3) EXPANSION OF EDUCATIONAL PROGRAMS 2,000
    OPPORTUNITY NETWORKS
    11 CALDWELL DR
    AMHERST,NH03031     		NONE 501(C)(3) DEVELOP A MUSIC THERAPHY PROGRAM FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES 5,000
    PALACE THEATRE TRUST
    80 HANOVER STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) PURCHASE 18 WIRELESS MICROPHONES 20,000
    PHOENIX HOUSE NE
    106 ROXBURY ST
    KEENE,NH03431     		NONE 501(C)(3) SAFETY RELATED REPAIRS TO DUBLIN RESIDENTIAL TREATMENT FACILITY 7,500
    RIVERBEND COMMUNITY MENTAL HEALTH
    105 LOUDON ROAD BUILDING 4
    CONCORD,NH03301     		NONE 501(C)(3) SUPPORT THE AUTISM SPECTRUM DISORDERS PROGRAM FOR CHILDREN AND FAMILIES 10,000
    ROCHESTER OPERA HOUSE
    31 WAKEFIELD ST
    ROCHESTER,NH03867     		NONE 501(C)(3) ARTS & EDUCATION PROGRAM SUPPORT 5,000
    SALVATION ARMY MANCHESTER
    121 CEDAR STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) RED KETTLE CAMPAIGN 25,000
    SALVATION ARMY NASHUA
    1 MONTGOMERY AVE
    NASHUA,NH03060     		NONE 501(C)(3) EXPAND MIDDLE SCHOOL YOUTH PROGRAMS TO INCUDE AFTER SCHOOL AND SUMMER DAY CAMP 25,000
    SCHOLARSHIP TRUST FOR ADDICTION RECOVERY SERVICES
    PO BOX 5185
    BEVERLY,MA01915     		NONE 501(C)(3) STARS PROGRAM SCHOLARSHIPS 5,000
    SEEDS OF FAITH LYDIA'S HOUSE OF HOPE
    21 GRAND ST
    SOMERSWORTH,NH03878     		NONE 501(C)(3) RENOVATIONS TO LYDIA'S HOUSE OF HOPE ATTIC FOR HOMELESS WOMEN 15,000
    SHARE FUND
    150 WAKEFIELD ST STE 14
    ROCHESTER,NH03867     		NONE 501(C)(3) SUPPORT FOOD PANTRY & FINANCIAL ASSISTANCE/CHOICES PROGRAMS 5,000
    SHELTER FROM THE STORM
    45 KNIGHT ST 9
    JAFFREY,NH03452     		NONE 501(C)(3) SUPPORT PROGRAMS IN TRANSITIONAL LIVING PROGRAM 2,500
    SILVERTHORNE ADULT MEDICAL DAY CENTER
    23 GEREMONTY DR
    SALEM,NH03079     		NONE 501(C)(3) ESTABLISH SLIDING FEE SCALE FOR SENIORS UNTIL MEDICARE IS ACTIVATED 10,000
    SOCIETY OF ST VINCENT DE PAUL EXETER
    PO BOX 176
    EXETER,NH03833     		NONE 501(C)(3) PURCHASE PERISHABLE FOOD ITEMS FOR LOW INCOME FAMILIES 2,500
    SONSHINE SOUP KITCHEN
    4 CRYSTAL AVE
    DERRY,NH03038     		NONE 501(C)(3) SPECIAL YEAR-END SUPPORT 2,500
    SOUTHEASTERN NH ALCOHOL & DRUG ABUSE SERVICES
    272 COUNTY FARM ROAD
    DOVER,NH03820     		NONE 501(C)(3) CONTINUE TO PROVIDE LIFESAVING SERVICES WITHOUT INTERRUPTION 25,000
    SOUTHERN NH HIVAIDS TASK FORCE
    77 NORTHEASTERN BLVD
    NASHUA,NH03062     		NONE 501(C)(3) HOUSING FOR INDIVIDUALS WITH HIV/AIDS 10,000
    SPEARE MEMORIAL HOSPITAL
    16 HOSPITAL RD
    PLYMOUTH,NH03264     		NONE 501(C)(3) RENOVATIONS TO PALLIATIVE CARE ROOM 8,000
    SPECIAL NEEDS SUPPORT CENTER
    20 W PARK ST STE 311
    LEBANON,NH03766     		NONE 501(C)(3) PROGRAM SUPPORT 5,000
    STAR ISLAND ANNUAL FUND
    30 MIDDLE ST
    PORTSMOUTH,NH03801     		NONE 501(C)(3) RENOVATE & REPURPOSE BROOKFIELD/RUTLEDGE MAINE LABS 10,000
    STRAWBERY BANKE
    14 HANCOCK ST
    PORTSMOUTH,NH03801     		NONE 501(C)(3) EDUCATIONAL OUTREACH INITIATIVE CALLED HISTORY WITHIN REACH 10,000
    SUPREME COUNCIL HEADQUARTERS
    PO BOX 519
    LEXINGTON,MA02420     		NONE 501(C)(3) SUPPORT FOR CHARITIES IN THE MOST NEED 2,000
    THE FRONT DOOR AGENCY
    7 CONCORD ST
    NASHUA,NH03064     		NONE 501(C)(3) OFFSET COSTS FOR A HEAT CONVERSION @ NORWELL HOME 10,000
    THE GRANITE YMCA
    30 MECHANIC STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) 4TH GRADE WATER SAFETY PROGRAM 50,000
    THE MUSIC HALL
    28 CHESTNUT STREET
    PORTSMOUTH,NH03801     		NONE 501(C)(3) SUPPORT FOR HEATING, VENTILATION & HVAC SYSTEM REPLACEMENT 5,000
    THE WAY HOME
    214 SPRUCE ST
    MANCHESTER,NH03103     		NONE 501(C)(3) RENOVATIONS TO INCREASE SERVICE CAPACITY FOR LOW-INCOME FAMILIES AT THE HOME 20,000
    THE WEBSTER HOUSE
    135 WEBSTER STREET
    MANCHESTER,NH03104     		NONE 501(C)(3) TO SUPPORT THE SERVICES TO HELP YOUTH & PROVIDE THEM WITH A SAFE PLACE TO LIVE 15,000
    THOMAS MORE COLLEGE OF LIBERAL ARTS
    6 MANCHESTER ST
    MERRIMACK,NH03054     		NONE 501(C)(3) SUPPORT CAMPUS RENOVATIONS 10,000
    UNITED NEGRO COLLEGE FUND
    15 BROAD STREET
    BOSTON,MA02109     		NONE 501(C)(3) 2010-2011 ANNUAL CAMPAIGN 5,000
    UPREACH THERAPEUTIC EQUESTRIAN CENTER
    153 PAIGE HILL ROAD
    GOFFSTOWN,NH03045     		NONE 501(C)(3) RESURFACE THE INDOOR RIDING ARENA 10,000
    VAUGHAN COMMUNITY SERVICES
    2503 WHITE MOUNTAIN HWY
    NORTH CONWAY,NH03860     		NONE 501(C)(3) CONSTRUCT NEW BUILDING FOR FOOD PANTRY STORAGE & DISTRIBUTION CENTER 10,000
    WHITE MOUNTAIN COMMUNITY HEALTH CENTER
    298 WHITE MOUNTAIN HWY
    CONWAY,NH03818     		NONE 501(C)(3) TECHNOLOGY RENOVATION PROJECT 10,000
    WRIGHT MUSEUM OF WW II
    77 CENTER ST
    WOLFEBORO,NH03894     		NONE 501(C)(3) SUPPORT VITAL ENHANCEMENTS TO THE MUSEUM'S LIBRARY 5,000
    YMCA CARROL COUNTY
    17 CAMP HUCKINS RD
    FREEDOM,NH03836     		NONE 501(C)(3) SCHOLARSHIPS FOR CAMP HUCKINS GIRLS 9,000
    Total .................................bullet 3a 1,556,921
    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 2,234 196
    4 Dividends and interest from securities....         888,277
    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 ............     		        2,168,231
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		900099 16      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 16 2,234 3,056,704
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,058,954
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    4 INCOME GENERATED FROM INVESTMENTS PROVIDE NECESSARY CASH FLOWS
    8 TO MAKE CONTRIBUTIONS REQUESTED FROM THE COGSWELL BENEVOLENT TRUST
    Form 990-PF (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:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 11,550 5,775   5,775

    TY 2018 AppliedToPriorYearElection
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Election:
    PURSUANT TO CODE SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), COGSWELL BENEVOLENT TRUST ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM PRIOR YEAR'S UNDISTRIBUTED INCOME AS FOLLOWS:YEAR END 2015AMOUNT $132,549

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VARIOUS 8,303,619 8,078,352

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VARIOUS 18,381,684 22,551,725

    TY 2018 OtherExpensesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 5,161 2,580   2,581
    INSURANCE 16,327 8,163   8,164
    BOND AMORTIZATION 18,977 18,977   0
    UTILITIES 917 458   459
    STATE FILING FEES 160 160   0


    TY 2018 OtherIncomeSchedule2
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 16   16


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 171,023 171,023   0


    TY 2018 TaxesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 2,496 1,248   1,248
    FOREIGN TAXES WITHHELD 3,351 3,351   0
    FEDERAL TAXES 37,990 0   0