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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 06-01-2019 , and ending 05-31-2020
Name of foundation
PAUL G ARPIN CHARITABLE TRUST 000531
 
Number and street (or P.O. box number if mail is not delivered to street address)ESSEX SAVINGS BANK 176 WESTBROOK R
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ESSEX, CT06426
A Employer identification number

61-6426610
B Telephone number (see instructions)

(860) 767-4414
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$3,675,839
J 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) 1,122
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 86,266 72,920  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -13,070
b Gross sales price for all assets on line 6a 692,598
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
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........ 74,318 72,920  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 24,426 18,320   6,107
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 1,420 1,065 0 355
c Other professional fees (attach schedule).... 26,634 26,634   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 17,931 17,404   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 1,490 1,440   50
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 71,901 64,863 0 6,512
25 Contributions, gifts, grants paid....... 177,850 177,850
26 Total expenses and disbursements. Add lines 24 and 25 249,751 64,863 0 184,362
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -175,433
b Net investment income (if negative, enter -0-) 8,057
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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 1
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,397,148 3,217,947 3,675,838
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) 3,397,148 3,217,948 3,675,839
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
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,397,148 3,217,948
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,397,148 3,217,948
30 Total liabilities and net assets/fund balances (see instructions). 3,397,148 3,217,948
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,397,148
2
Enter amount from Part I, line 27a .....................
2
-175,433
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
61
4
Add lines 1, 2, and 3 ..........................
4
3,221,776
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,828
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,217,948
Form 990-PF (2019)
Form 990-PF (2019)
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 23.847 AT&T INC COM   2017-05-08 2019-06-03
b 41.153 AT&T INC COM   2017-06-09 2019-06-03
c 17. QUALCOMM INC COM   2019-04-17 2019-06-03
d 58. AT&T INC COM   2017-06-09 2019-06-04
e 16. AT&T INC COM   2018-09-05 2019-06-04
10.0437 CORTEVA INC COM   2017-05-08 2019-06-07
14.9565 CORTEVA INC COM   2017-06-09 2019-06-07
9.3332 CORTEVA INC COM   2017-09-13 2019-06-07
4.6666 CORTEVA INC COM   2017-11-17 2019-06-07
4. CORTEVA INC COM   2017-11-20 2019-06-07
33. BANK NEW YORK MELLON CORP COM   2017-05-08 2019-06-18
3. BANK NEW YORK MELLON CORP COM   2017-06-09 2019-06-18
10.0437 DUPONT DE NEMOURS INC (NEW)   2017-05-08 2019-06-18
13.9563 DUPONT DE NEMOURS INC (NEW)   2017-06-09 2019-06-18
53. BANK NEW YORK MELLON CORP COM   2017-06-09 2019-06-19
1.0002 DUPONT DE NEMOURS INC (NEW)   2017-06-09 2019-06-19
9.3332 DUPONT DE NEMOURS INC (NEW)   2017-09-13 2019-06-19
4.6666 DUPONT DE NEMOURS INC (NEW)   2017-11-17 2019-06-19
4. DUPONT DE NEMOURS INC (NEW)   2017-11-20 2019-06-19
55. BANK NEW YORK MELLON CORP COM   2017-06-09 2019-06-20
47. SCHLUMBERGER LTD   2017-05-08 2019-07-23
6. SCHLUMBERGER LTD   2017-05-25 2019-07-23
85. SCHLUMBERGER LTD   2017-06-09 2019-07-23
15. SYSCO CORP COM   2017-05-08 2019-07-31
10. SYSCO CORP COM   2017-06-09 2019-07-31
145. ANADARKO PETROLEUM CORP   2017-05-08 2019-08-09
.543 OCCIDENTAL PETE CORP COM   2019-08-09 2019-08-09
25000. ATLANTIC CITY N J BRD ED TAXABLE 6.8% DUE 08/15/2028   2014-10-20 2019-08-16
25000. CAPITAL ONE BK USA NATL ASSN 2.1% DUE 08/26/2019   2015-08-18 2019-08-26
10. AMERICAN TOWER CORP NEW COM   2017-05-08 2019-09-06
50000. FHLMC MTN 2.40 DUE 12/28/22   2017-11-30 2019-09-30
2976.19 AQUILA THREE PEAKS HIGH INCOME FUND CL Y   2018-03-02 2019-10-01
.625 CERENCE INC COM   2017-05-08 2019-10-01
50. HEALTHCARE TR AMER INC CL A NEW   2017-05-08 2019-10-11
13. HEALTHCARE TR AMER INC CL A NEW   2017-05-12 2019-10-11
27. AMC NETWORKS INC CL   2017-05-08 2019-10-31
48. AUTODESK INC COM   2017-05-08 2019-10-31
31. BIOGEN INC COM   2017-05-08 2019-10-31
5. BIOGEN INC COM   2018-05-04 2019-10-31
20. BROADCOM INC   2017-05-08 2019-10-31
3. BROADCOM INC   2019-05-22 2019-10-31
6. BROADCOM INC   2019-06-14 2019-10-31
20.625 CERENCE INC COM   2017-05-08 2019-10-31
14.375 CERENCE INC COM   2018-05-14 2019-10-31
35. CITRIX SYS INC COM   2017-05-08 2019-10-31
271. COMCAST CORP NEW CL A   2017-05-08 2019-10-31
68. CREE INC COM   2017-05-08 2019-10-31
113. DISCOVERY COMMUNICATNS NEW COM SER A   2017-05-08 2019-10-31
88. DOLBY LABORATORIES INC COM   2017-05-08 2019-10-31
42. FIREEYE INC COM   2019-05-29 2019-10-31
48. FIREEYE INC COM   2019-07-31 2019-10-31
62. FIREEYE INC COM   2019-08-14 2019-10-31
117. FLUOR CORP. (NEW)   2017-05-08 2019-10-31
10. GCT LIBERTY INC COM CLASS A   2017-05-08 2019-10-31
68. IMMUNOGEN INC COM   2017-10-12 2019-10-31
64. IONIS PHARMACEUTICALS INC COM   2017-05-08 2019-10-31
12. IONIS PHARMACEUTICALS INC COM   2019-05-08 2019-10-31
3. LIBERTY BROADBAND CORP COM SER A   2017-05-08 2019-10-31
5. LIBERTY BROADBAND CORP COM SER C   2017-05-08 2019-10-31
20. LIBERTY MEDIA CORP DEL COM A SIRIUSXM   2017-05-08 2019-10-31
40. LIBERTY MEDIA CORP DEL COM C SIRIUSXM   2017-05-08 2019-10-31
7. LIBERTY MEDIA CORP DEL COM SER C FRMLA   2017-05-03 2019-10-31
5. LIBERTY MEDIA CORP DEL COM SER A FRMLA   2017-05-08 2019-10-31
65. LIONS GATE ENTERTAINMENT CORP CL B   2017-05-08 2019-10-31
7. LOGMEIN INC COM   2017-05-08 2019-10-31
89. NATIONAL OILWELL VARCO INC COM   2017-05-08 2019-10-31
88. NOW, INC.   2017-05-08 2019-10-31
170. NUANCE COMMUNICATIONS INC COM   2017-05-08 2019-10-31
115. NUANCE COMMUNICATIONS INC COM   2018-05-14 2019-10-31
87. NUCOR CORP COM   2017-05-08 2019-10-31
42. OCCIDENTAL PETE CORP COM   2019-08-09 2019-10-31
142. QURATE RETAIL INC QVC GR SER A   2017-05-08 2019-10-31
285. TWITTER INC COM   2017-05-08 2019-10-31
40. UNITEDHEALTH GROUP INC   2017-05-08 2019-10-31
32. VERTEX PHARMACEUTICALS INC COM   2017-05-08 2019-10-31
34. WESTERN DIGITAL CORP COM   2017-05-08 2019-10-31
34. WESTERN DIGITAL CORP COM   2018-08-15 2019-10-31
34. ALLERGAN PLC SHS   2017-05-08 2019-10-31
21. ALLERGAN PLC SHS   2018-02-14 2019-10-31
127. JOHNSON CTLS INTL PLC SHS   2017-05-08 2019-10-31
27. MEDTRONIC PLC   2017-05-08 2019-10-31
142. SEAGATE TECHNOLOGY PLC SHS   2017-05-08 2019-10-31
1. SEAGATE TECHNOLOGY PLC SHS   2018-09-12 2019-10-31
35. PENTAIR PLC   2017-05-08 2019-10-31
80. TE CONNECTIVITY LTD REG SHS   2017-05-08 2019-10-31
9. 3M COMPANY COM   2019-10-31 2019-12-04
7. HOME DEPOT COM   2017-05-08 2019-12-13
7. HOME DEPOT COM   2017-05-08 2019-12-16
42. LKQ CORP COM   2019-10-31 2019-12-16
625. FORD MTR CO DEL COM PAR $0.01   2013-08-27 2019-12-18
60. FORD MTR CO DEL COM PAR $0.01   2013-10-03 2019-12-18
40. FORD MTR CO DEL COM PAR $0.01   2013-10-10 2019-12-18
25. FORD MTR CO DEL COM PAR $0.01   2013-10-15 2019-12-18
50. FORD MTR CO DEL COM PAR $0.01   2013-10-25 2019-12-18
150. FORD MTR CO DEL COM PAR $0.01   2013-11-05 2019-12-18
50. FORD MTR CO DEL COM PAR $0.01   2013-11-18 2019-12-18
200. FORD MTR CO DEL COM PAR $0.01   2013-12-20 2019-12-18
100. FORD MTR CO DEL COM PAR $0.01   2013-12-26 2019-12-18
50. FORD MTR CO DEL COM PAR $0.01   2014-01-17 2019-12-18
200. WALGREENS BOOTS ALLIANCE INC COM   2015-01-16 2019-12-18
51. CORE LABORATORIES N V COM   2011-12-21 2019-12-18
12. CORE LABORATORIES N V COM   2012-01-06 2019-12-18
4. CORE LABORATORIES N V COM   2012-02-06 2019-12-18
30. CORE LABORATORIES N V COM   2012-10-05 2019-12-18
13. CORE LABORATORIES N V COM   2013-08-09 2019-12-18
7. CORE LABORATORIES N V COM   2013-08-14 2019-12-18
10. CORE LABORATORIES N V COM   2013-10-03 2019-12-18
8. CORE LABORATORIES N V COM   2013-11-18 2019-12-18
5. CORE LABORATORIES N V COM   2014-01-17 2019-12-18
5. AMAZON COM INC COM   2014-02-12 2019-12-19
3081.703 CALVERT SHORT DURATION INCOME FUND CL I   2017-09-22 2019-12-19
300. ISHARES INC CORE MSCI EMKT   2015-11-10 2019-12-19
20. LAUDER ESTEE COS INC CL A   2013-08-09 2019-12-19
15. LAUDER ESTEE COS INC CL A   2013-08-14 2019-12-19
15. LAUDER ESTEE COS INC CL A   2013-10-03 2019-12-19
25. LAUDER ESTEE COS INC CL A   2013-10-25 2019-12-19
15. LAUDER ESTEE COS INC CL A   2013-11-18 2019-12-19
10. LAUDER ESTEE COS INC CL A   2014-01-17 2019-12-19
25000. GOLDMAN SACHS BK USANY CD 2.20% DUE 01/14/2020   2015-01-09 2020-01-14
717. BANK OF AMERICA CORP COM   2015-07-30 2020-03-13
500. PATTERN ENERGY GROUP INC CL A   2019-02-06 2020-03-16
250. PATTERN ENERGY GROUP INC CL A   2019-02-26 2020-03-16
11. 3M COMPANY COM   2017-05-08 2020-03-20
3. 3M COMPANY COM   2017-06-09 2020-03-20
25. SYSCO CORP COM   2017-06-09 2020-03-24
3. TELADOC HEALTH INC COM   2019-10-31 2020-03-25
27. SYSCO CORP COM   2017-06-09 2020-03-27
19. SYSCO CORP COM   2017-06-09 2020-03-30
13. ACUITY BRANDS INC COM   2019-10-31 2020-04-01
79. EVOLENT HEALTH INC CL A   2019-10-31 2020-04-01
1509.054 PAX SMALL CAP FUND INSTITUTIONAL CLASS   2017-04-28 2020-04-01
267.867 VIRTUS INSIGHT TR VIRTUS EMRG FD I   2011-07-01 2020-04-01
275.88 VIRTUS INSIGHT TR VIRTUS EMRG FD I   2011-07-08 2020-04-01
162.135 VIRTUS INSIGHT TR VIRTUS EMRG FD I   2011-08-10 2020-04-01
30. MICROSOFT COM   2017-05-08 2020-04-02
24. VISA INC COM CL A   2017-05-08 2020-04-02
2. VISA INC COM CL A   2017-05-25 2020-04-02
26. DISNEY WALT CO COM   2017-05-08 2020-04-07
12. HOME DEPOT COM   2017-05-08 2020-04-08
135. BANK OF AMERICA CORP COM   2015-07-30 2020-04-09
7. PNC FINL SVCS GROUP INC COM   2018-05-07 2020-04-09
17. US BANCORP DEL COM NEW   2017-07-24 2020-04-09
4. DISNEY WALT CO COM   2017-05-08 2020-04-14
5. DISNEY WALT CO COM   2017-06-09 2020-04-14
1. BANK OF AMERICA CORP COM   2015-07-30 2020-04-15
30. BANK OF AMERICA CORP COM   2015-10-30 2020-04-15
157. COVANTA HOLDING CORP   2017-05-08 2020-04-15
234. COVANTA HOLDING CORP   2017-06-09 2020-04-15
8. PNC FINL SVCS GROUP INC COM   2018-05-07 2020-04-15
9. US BANCORP DEL COM NEW   2017-07-24 2020-04-15
42. V F CORP COM   2017-05-08 2020-04-16
63. V F CORP COM   2017-06-09 2020-04-16
42. CISCO   2018-12-06 2020-04-17
99. BROOKFIELD RENEWABLE ENRGY P PARTNERSHIP UNIT   2017-05-08 2020-04-20
141. BROOKFIELD RENEWABLE ENRGY P PARTNERSHIP UNIT   2017-06-09 2020-04-20
12. UNITED PARCEL SERVICE CL B COM   2017-05-08 2020-04-29
2. CISCO   2018-12-06 2020-05-01
23. CISCO   2018-12-11 2020-05-01
4792.332 DOMINI IMPACT INTL EQUITY FD INSTL CLASS   2017-04-07 2020-05-04
1733.488 PAX SMALL CAP FUND INSTITUTIONAL CLASS   2017-04-28 2020-05-04
3257.329 PAX SMALL CAP FUND INSTITUTIONAL CLASS   2017-06-28 2020-05-04
25000. RHODE ISLAND ST HEALTH & EDL 4.0% DUE 05/15/2020 - EXEMPT   2010-06-12 2020-05-15
. K-1 WESTERLY PARTNERS     2020-05-31
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 734   767 -33
b 1,266   1,328 -62
c 1,140   1,361 -221
d 1,807   1,908 -101
e 492   511 -19
270   322 -52
402   483 -81
251   319 -68
125   166 -41
107   145 -38
1,450   1,559 -109
132   141 -9
753   917 -164
1,046   1,296 -250
2,278   2,489 -211
73   94 -21
684   919 -235
342   478 -136
293   408 -115
2,341   2,583 -242
1,851   3,348 -1,497
236   429 -193
3,348   5,868 -2,520
1,032   791 241
688   594 94
10,525   7,499 3,026
26   25 1
25,000   25,000  
25,000   25,000  
2,346   1,318 1,028
50,000   49,963 37
25,000   25,000  
9   10 -1
1,479   1,468 11
385   379 6
1,147   1,518 -371
7,031   4,478 2,553
9,266   8,400 866
1,495   1,360 135
5,810   4,513 1,297
872   812 60
1,743   1,585 158
325   372 -47
226   216 10
3,796   3,034 762
11,989   10,509 1,480
3,235   1,499 1,736
3,017   2,993 24
5,678   4,499 1,179
661   609 52
755   712 43
975   821 154
1,989   6,026 -4,037
692   522 170
166   465 -299
3,604   3,011 593
676   800 -124
351   260 91
585   440 145
881   747 134
1,772   1,484 288
292   234 58
198   162 36
480   1,495 -1,015
466   787 -321
1,994   2,994 -1,000
928   1,524 -596
2,740   2,618 122
1,854   1,315 539
4,652   5,273 -621
1,703   1,945 -242
1,336   2,999 -1,663
8,407   5,246 3,161
10,061   6,914 3,147
6,361   3,789 2,572
1,826   2,992 -1,166
1,826   2,129 -303
5,978   8,321 -2,343
3,692   3,423 269
5,474   5,232 242
2,933   2,274 659
8,136   6,028 2,108
57   49 8
1,440   1,516 -76
7,130   6,014 1,116
1,511   1,489 22
1,480   1,085 395
1,510   1,085 425
1,504   1,427 77
5,969   9,961 -3,992
573   1,022 -449
382   678 -296
239   426 -187
478   883 -405
1,432   2,548 -1,116
478   851 -373
1,910   3,084 -1,174
955   1,535 -580
477   827 -350
11,466   15,185 -3,719
2,335   5,916 -3,581
549   1,321 -772
183   469 -286
1,373   3,101 -1,728
595   1,943 -1,348
320   1,049 -729
458   1,725 -1,267
366   1,498 -1,132
229   955 -726
8,947   1,751 7,196
50,047   50,000 47
15,969   12,477 3,492
4,097   1,333 2,764
3,073   982 2,091
3,073   1,044 2,029
5,121   1,787 3,334
3,073   1,092 1,981
2,048   727 1,321
25,000   25,000  
16,348   13,020 3,328
13,375   10,495 2,880
6,688   5,213 1,475
1,402   2,163 -761
382   618 -236
971   1,385 -414
440   231 209
1,376   1,496 -120
895   1,053 -158
1,085   1,631 -546
385   601 -216
15,000   23,270 -8,270
2,277   2,590 -313
2,345   2,665 -320
1,378   1,409 -31
4,629   2,068 2,561
3,786   2,211 1,575
316   186 130
2,717   2,914 -197
2,300   1,860 440
3,304   2,452 852
722   1,007 -285
636   894 -258
419   448 -29
524   526 -2
22   18 4
662   510 152
1,134   2,252 -1,118
1,690   3,427 -1,737
731   1,151 -420
296   473 -177
2,263   2,114 149
3,394   3,209 185
1,769   2,019 -250
4,470   2,987 1,483
6,366   4,459 1,907
1,149   1,282 -133
83   96 -13
953   1,096 -143
30,000   38,339 -8,339
19,450   26,730 -7,280
36,547   50,000 -13,453
25,000   25,000  
1,668     1,668
      2,419
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -33
b       -62
c       -221
d       -101
e       -19
      -52
      -81
      -68
      -41
      -38
      -109
      -9
      -164
      -250
      -211
      -21
      -235
      -136
      -115
      -242
      -1,497
      -193
      -2,520
      241
      94
      3,026
      1
       
       
      1,028
      37
       
      -1
      11
      6
      -371
      2,553
      866
      135
      1,297
      60
      158
      -47
      10
      762
      1,480
      1,736
      24
      1,179
      52
      43
      154
      -4,037
      170
      -299
      593
      -124
      91
      145
      134
      288
      58
      36
      -1,015
      -321
      -1,000
      -596
      122
      539
      -621
      -242
      -1,663
      3,161
      3,147
      2,572
      -1,166
      -303
      -2,343
      269
      242
      659
      2,108
      8
      -76
      1,116
      22
      395
      425
      77
      -3,992
      -449
      -296
      -187
      -405
      -1,116
      -373
      -1,174
      -580
      -350
      -3,719
      -3,581
      -772
      -286
      -1,728
      -1,348
      -729
      -1,267
      -1,132
      -726
      7,196
      47
      3,492
      2,764
      2,091
      2,029
      3,334
      1,981
      1,321
       
      3,328
      2,880
      1,475
      -761
      -236
      -414
      209
      -120
      -158
      -546
      -216
      -8,270
      -313
      -320
      -31
      2,561
      1,575
      130
      -197
      440
      852
      -285
      -258
      -29
      -2
      4
      152
      -1,118
      -1,737
      -420
      -177
      149
      185
      -250
      1,483
      1,907
      -133
      -13
      -143
      -8,339
      -7,280
      -13,453
       
      1,668
       
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 -13,070
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))
2018 199,119 3,772,586 0.052781
2017 202,171 3,962,125 0.051026
2016 187,689 3,194,573 0.058752
2015 188,358 2,217,442 0.084944
2014 163,457 2,304,226 0.070938
2
Total of line 1, column (d) .....................
2
0.318441
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
0.063688
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
3,706,240
5
Multiply line 4 by line 3......................
5
236,043
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
81
7
Add lines 5 and 6........................
7
236,124
8
Enter qualifying distributions from Part XII, line 4,.............
8
184,362
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 (2019)
Form 990-PF (2019)
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 1 161
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........................... 3 161
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- ..... 5 161
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 264
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 264
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 103
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet103 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletRI
    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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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 addressbullet  
    14
    The books are in care ofbulletESSEX SAVINGS BANK Telephone no.bullet (860) 767-4414

    Located atbullet176 WESTBROOK ROAD STE 1ESSEXCT ZIP+4bullet06426
    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 2019, 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    PATRICIA M ARPIN-HADJEBI TRUSTEE
    1
    0    
    671 RABBIT ROAD
    SANIBEL,FL33957
    PETER J ARPIN TRUSTEE
    1
    0    
    360 CLAYPOOL DRIVE
    WARWICK,RI02889
    ESSEX SAVINGS BANK TRUSTEE
    1
    24,426    
    176 WESTBROOK ROAD STE 1
    ESSEX,CT06426
    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 (2019)
    Form 990-PF (2019)
    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.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    3,762,680
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,762,680
    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
    3,762,680
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    56,440
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,706,240
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    185,312
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    185,312
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    161
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    161
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    185,151
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    185,151
    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
    185,151
    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
    184,362
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    184,362
    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
    184,362
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2018
    (c)
    2018
    (d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 185,151
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 0
    b From 2015...... 44,251
    c From 2016...... 40,522
    d From 2017...... 6,040
    e From 2018...... 10,753
    fTotal of lines 3a through e........ 101,566
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 184,362
    a Applied to 2018, 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 2019 distributable amount..... 184,362
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 789 789
    (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 5 100,777
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    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 2014 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    100,777
    10 Analysis of line 9:
    a Excess from 2015.... 43,462
    b Excess from 2016.... 40,522
    c Excess from 2017.... 6,040
    d Excess from 2018.... 10,753
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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.
    NA
    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:
    NANCY VENDETTI CO ESSEX SAVINGS BA
    176 WESTBROOK ROAD STE 1
    ESSEX,CT06426
    (860) 767-4414
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF REQUEST
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    PROVIDENCE ANIMAL RESCUE LEAGUE
    34 ELBOW ST
    PROVIDENCE,RI02903
    NONE PC PROGRAM SERVICES 500
    EAST GREENWICH ANIMAL
    PROTECTION LEAGUE
    44 WORTHINGTON ROAD
    CRANSTON,RI02920
    NONE PC PROGRAM SERVICES 500
    HORSE PLAY
    PO BOX 660
    EXETER,RI028221004
    NONE PC PROGRAM SERVICES 2,000
    CASTLETOWN RANCH HORSE RESCUE INC
    28581 OLD RANCH DRIVE
    VALLEY CENTER,CA92082
    NONE PC PROGRAM SERVICES 2,000
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVENUE SOUTH
    NEW YORK,NY10010
    NONE PC PROGRAM SERVICES 1,000
    ASPCA
    520 EIGHTH AVENUE 7TH FL
    NEW YORK,NY10018
    NONE PC PROGRAM SERVICES 2,000
    FOOD BANK OF NEW YORK CITY
    39 BROADWAY
    NEW YORK,NY10006
    NONE PC PROGRAM SERVICES 4,500
    RAINFOREST ALLIANCE
    125 BROAD STREET 9TH FLOOR
    NEW YORK,NY10004
    NONE PC PROGRAM SERVICES 1,000
    MASBIA SOUP KITCHEN
    PO BOX 191181
    BROOKLYN,NY11219
    NONE PC PROGRAM SERVICES 3,000
    GLOBAL INSTITUTE FOR TRANSFORMATION
    392 CRYSTAL LAKE RD
    TOLLAND,CT06084
    NONE PC PROGRAM SERVICES 500
    BEST FRIENDS ANIMAL SOCIETY
    5001 ANGEL CANYON ROAD
    KANAB,UT84741
    NONE PC PROGRAM SERVICES 1,000
    KNIGHTS OF COLUMBUS
    1 COLUMBUS PLAZA
    NEW HAVEN,CT06510
    NONE PC PROGRAM SERVICES 6,000
    OCEAN CONSERVANCY INC
    1300 19TH ST NW 8TH FLOOR
    WASHINGTON,DC20036
    NONE PC PROGRAM SERVICES 1,000
    CROW
    3883 SANIBEL CAPTIVA RD
    SANIBEL ISLAND,FL33957
    NONE PC PROGRAM SERVICES 1,000
    BACK 2 BACK MINISTRIES
    PO BOX 70
    MASON,OH45040
    NONE PC PROGRAM SERVICES 5,500
    FOOD & WATER WATCH
    1616 P ST NW STE 300
    WASHINGTON,DC20036
    NONE PC PROGRAM SERVICES 2,000
    FRIENDS HORSE RESCUE & SANCTUARY
    1840 NE 65 COURT
    FORT LAUDERDALE,FL33308
    NONE PC PROGRAM SERVICES 2,000
    HOPE HOSPICE
    9470 HEALTHPARK CIRCLE
    FT MYERS,FL33908
    NONE PC PROGRAM SERVICES 11,570
    HUMANE SOCIETY OF THE UNITED STATES
    1255 23RD STREET NW STE 450
    WASHINGTON,DC20037
    NONE PC PROGRAM SERVICES 2,000
    INTERNATIONAL GUIDING EYES INC
    12445 GLENOAKS BLVD
    SYLMAR,CA91342
    NONE PC PROGRAM SERVICES 500
    INT'L FUND FOR ANIMAL WELFARE INC
    290 SUMMER STREET
    YARMOUTH PORT,MA02675
    NONE PC PROGRAM SERVICES 2,000
    MASSACHUSETTS GENERAL HOSPITAL
    55 FRUIT STREET
    BOSTON,MA02114
    NONE PC PROGRAM SERVICES 11,570
    UNBOUND
    1 ELMWOOD AVE
    KANSAS CITY,KS66103
    NONE EXEMPT PROGRAM SERVICES 6,000
    MEALS ON WHEELS OF RI INC
    70 BATH STREET
    PROVIDENCE,RI02908
    NONE PC PROGRAM SERVICES 11,570
    NATIONAL AUDUBON SOCIETY INC
    225 VARICK STREET 7TH FL
    NEW YORK,NY10014
    NONE PC PROGRAM SERVICES 1,000
    NATIONAL WILDLIFE FEDERATION
    1100 WILDLIFE CENTER DRIVE
    RESTON,VA20190
    NONE PC PROGRAM SERVICES 1,000
    NEW ENGLAND INSTITUTE OF TECHNOLOGY
    1 NEW ENGLAND TECH BLVD
    EAST GREENWICH,RI02818
    NONE PC PROGRAM SERVICES 5,000
    NORTHEAST ANIMAL SHELTER INC
    347 HIGHLAND AVE
    SALEM,MA01970
    NONE PC PROGRAM SERVICES 500
    SATO PROJECT
    130 WATER STREET
    BROOKYLN,NY11201
    NONE PC PROGRAM SERVICES 500
    HALO RESCUE
    12 VIA AGRADAR
    SAN CLEMENTE,CA92673
    NONE PC PROGRAM SERVICES 500
    RAISING HAITI FOUNDATION
    PO BOX 21624
    WASHINGTON DC,VA20009
    NONE PC PROGRAM SERVICES 6,000
    BOYS TOWN
    14100 CRAWFORD STREET
    BOYS TOWN,NE68010
    NONE PC PROGRAM SERVICES 4,000
    FARM SANCTURAY
    PO BOX 150
    WATKINS GLEN,NY14891
    NONE PC PROGRAM SERVICES 1,000
    ALLEY CAT ALLIES
    7920 NORFOLK AVE SUITE 600
    BETHESDA,MD20814
    NONE PC PROGRAM SERVICES 500
    DEFENDERS OF WILDLIFE
    1130 17TH ST NW
    WASHINGTON,DC20036
    NONE PC PROGRAM SERVICES 1,000
    RHODE ISLAND COMMUNITY FOOD BANK
    200 NIANTIC AVE
    PROVIDENCE,RI02907
    NONE PC PROGRAM SERVICES 16,570
    GULF COAST HUMANE SOCIETY
    2010 ARCADIS STREET
    FT MYERS,FL33916
    NONE PC PROGRAM SERVICES 1,000
    SANIBEL CAPTIVA CONSERVATION
    PO BOX 839
    SANIBEL,FL33957
    NONE PC PROGRAM SERVICES 1,000
    DING DARLING WILDLIFE SOCIETY INC
    1 WILDLIFE DR
    SANIBEL,FL33957
    NONE PC PROGRAM SERVICES 2,000
    IMMOKALEE NONPROFIT HOUSING
    2449 SANDERS PINE CIRCLE
    IMMOKALEE,FL34142
    NONE PC PROGRAM SERVICES 500
    MISSIONARIES FOR THE POOR
    PO BOX 29893
    ATLANTA,GA30359
    NONE PC PROGRAM SERVICES 6,000
    SAVE THE MANATEE CLUB
    500 N MAITLAND AVENUE ROOM 210
    MAITLAND,FL32751
    NONE PC PROGRAM SERVICES 2,000
    CONSERVATION FLORIDA
    408 W UNIVERSITY AVE SUITE 402
    GAINESVILLE,FL32601
    NONE PC PROGRAM SERVICES 500
    ANIMAL REFUGE CENTER
    PO BOX 400
    VINE GROVE,KY40175
    NONE PC PROGRAM SERVICES 1,000
    CAPSTONE MINISTRIES INC
    401 SW 15TH DR
    BOCA RATON,FL33432
    NONE PC PROGRAM SERVICES 6,000
    CROSS CATHOLIC OUTREACH
    2700 N MILITARY TRL 240
    BOCA RATON,FL33427
    NONE PC PROGRAM SERVICES 1,000
    THE KENT CENTER
    50 CEDAR AVE
    EAST GREENWICH,RI02818
    NONE PC PROGRAM SERVICES 11,570
    WORLD WILDLIFE FUND INC
    1250 24TH ST NW
    WASHINGTON,DC20037
    NONE PC PROGRAM SERVICES 1,000
    BE THE CHANGE SUNDAY MEAL
    10 BROOKSIDE AVE
    WEST WARWICK,RI028935019
    NONE PC PROGRAM SERVICES 6,000
    FAITH IN DEEDS
    PO BOX 908
    ADA,MI49301
    NONE PC PROGRAM SERVICES 6,000
    THE VILLAGE LINK
    4125 WOODSIDE ROAD
    WOODSIDE,CA94062
    NONE PC GENERAL SUPPORT 6,000
    ALZHEIMERS FOUNDATION OF AMERICA INC
    322 EIGHTH STREET 7TH FLOOR
    NEW YORK,NY10001
    NONE PC PROGRAM SERVICES 2,000
    EARTH JUSTICE
    50 CALIFORNIA STREET ST 500
    SAN FRANCISCO,CA94111
    NONE PC PROGRAM SERVICES 2,000
    SIERRA CLUB
    2101 WEBSTER ST SUITE 1300
    OAKLAND,CA94612
    NONE PC PROGRAM SERVICES 2,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117
    NONE PC PROGRAM SERVICES 2,000
    Total .................................bullet 3a 177,850
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 86,266  
    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 -13,070  
    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)..   73,196  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    73,196
    (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 (2019)
    Form 990-PF (2019)
    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


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