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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
WASHINGTON TRUST CO CHARITABLE FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)23 BROAD STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WESTERLY, RI02891
A Employer identification number

05-0477294
B Telephone number (see instructions)

(401) 348-1234
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$1,603,475J 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      
4 Dividends and interest from securities... 28,469 27,951  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 98,145
b Gross sales price for all assets on line 6a 486,916
7 Capital gain net income (from Part IV, line 2)... 98,145
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)....... 1,197    
12 Total. Add lines 1 through 11........ 127,811 126,096  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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).......        
c Other professional fees (attach schedule).... Click to see attachment 50 50   50
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,588 235   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,638 285 0 50
25 Contributions, gifts, grants paid....... 468,750 468,750
26 Total expenses and disbursements. Add lines 24 and 25 472,388 285 0 468,800
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -344,577
b Net investment income (if negative, enter -0-) 125,811
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 94,172 108,266 108,266
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)....... 716,667 Click to see attachment549,155 1,272,486
c Investments—corporate bonds (attach schedule)....... 401,844 Click to see attachment210,877 222,723
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
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) 1,212,683 868,298 1,603,475
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........ 1,212,683 868,298
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)..... 1,212,683 868,298
30 Total liabilities and net assets/fund balances (see instructions). 1,212,683 868,298
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
1,212,683
2
Enter amount from Part I, line 27a .....................
2
-344,577
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
311
4
Add lines 1, 2, and 3 ..........................
4
868,417
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
119
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
868,298
Form 990-PF (2020)
Form 990-PF (2020)
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 35. AKAMAI TECHNOLOGIES INC   2018-11-06 2020-01-07
b 5. ALPHABET INC-CL A   2014-10-23 2020-01-07
c 3. AMAZON.COM INC   2014-09-17 2020-01-07
d 50. AMERICAN INTERNATIONAL GROUP   2013-07-01 2020-01-07
e 15. AMGEN INC   2014-12-22 2020-01-07
40. APPLE COMPUTER   2011-01-03 2020-01-07
150. BANK OF AMER CORP COM   2015-07-30 2020-01-07
35. BROADRIDGE FINANCIAL SOLUTIO   2015-04-01 2020-01-07
25. CERNER CORP   2010-10-11 2020-01-07
150. ISHARES MSCI EAFE ETF   2012-05-23 2020-01-07
75. ISHARES RUSSELL 2000 ETF   2014-11-18 2020-01-07
200. ISHARES CORE MSCI EMERGING   2015-08-25 2020-01-07
35. J P MORGAN CHASE & CO COM   2011-12-05 2020-01-07
25000. KIMBERLY-CLARK CORP 3.625% 01 AUG 2020   2014-06-06 2020-01-07
20. LAUDER ESTEE COS INC CL A   2013-07-01 2020-01-07
25000. OCCIDENTAL PETROLEUM COR3.125%15 FEB 2022   2015-01-08 2020-01-07
40. PAYPAL HOLDINGS INC   2016-02-09 2020-01-07
1244.813 PIMCO INCOME FUND-INS   2019-09-25 2020-01-07
50. STARBUCKS CORP COM   2017-08-29 2020-01-07
15. THERMO ELECTRON CORP   2011-12-05 2020-01-07
25. VISA INC-CLASS A SHARES   2011-01-03 2020-01-07
535.869 VIRTUS VNTBL EM MKTS OPP-I   2012-01-04 2020-01-07
25. WATSCO INC   2012-12-03 2020-01-07
40. APTIV PLC   2014-08-25 2020-01-07
1. AMAZON.COM INC   2014-09-17 2020-02-18
5. APPLE COMPUTER   2011-01-03 2020-02-18
5. THERMO ELECTRON CORP   2011-12-05 2020-02-18
220. VIRTUS VNTBL EM MKTS OPP-I   2012-01-04 2020-02-18
10. APPLE COMPUTER   2011-01-03 2020-02-19
15. J P MORGAN CHASE & CO COM   2011-12-05 2020-02-19
5. LAUDER ESTEE COS INC CL A   2013-07-01 2020-02-19
5. NVIDIA CORP   2018-11-06 2020-02-19
5. THERMO ELECTRON CORP   2011-12-05 2020-02-19
10. VISA INC-CLASS A SHARES   2011-01-03 2020-02-19
300. AMERICAN INTERNATIONAL GROUP   2013-07-01 2020-03-18
95. BOEING CO     2020-03-18
350. EXXON MOBIL CORP COM     2020-03-18
100. CHEVRONTEXACO CORP COM   2016-12-13 2020-03-20
275. DISCOVER FINANCIAL SERVICES   2015-05-29 2020-03-20
5. ALIBABA GROUP HOLDING-SP ADR   2015-04-13 2020-06-15
2. ALPHABET INC-CL A   2014-10-23 2020-06-15
2. AMAZON.COM INC   2014-09-17 2020-06-15
5. APPLE COMPUTER   2011-01-03 2020-06-15
15. BROADRIDGE FINANCIAL SOLUTIO   2015-04-01 2020-06-15
5. FACEBOOK INC-CLASS A   2014-10-23 2020-06-15
5. IQVIA HOLDINGS INC   2017-08-10 2020-06-15
5. ISHARES RUSSELL 2000 ETF   2014-11-18 2020-06-15
15. LAUDER ESTEE COS INC CL A   2013-07-01 2020-06-15
10. PAYPAL HOLDINGS INC   2016-02-09 2020-06-15
10. STARBUCKS CORP COM   2017-08-29 2020-06-15
5. THERMO ELECTRON CORP   2011-12-05 2020-06-15
5. VISA INC-CLASS A SHARES   2011-01-03 2020-06-15
1508.624 VIRTUS VNTBL EM MKTS OPP-I   2012-01-04 2020-06-15
10. WATSCO INC   2012-12-03 2020-06-15
25000. VERIZON COMMUNICATIONS 4.6% 01/04/2021   2011-03-24 2020-06-29
25000. WELLS FARGO BANK NA 2% 29 SEP 2028   2016-09-27 2020-06-29
25000. BUCKEYE UH 09 JUN 2010 5.125% 01 JUL   2012-08-09 2020-07-01
2. AMAZON.COM INC   2014-09-17 2020-08-27
15. APPLE COMPUTER   2011-01-03 2020-08-27
10. BROADRIDGE FINANCIAL SOLUTIO   2015-04-01 2020-08-27
5. FACEBOOK INC-CLASS A   2014-10-23 2020-08-27
25. ISHARES MSCI EAFE ETF   2012-05-23 2020-08-27
70. ISHARES RUSSELL 2000 ETF   2014-11-18 2020-08-27
100. ISHARES CORE MSCI EMERGING   2015-08-25 2020-08-27
10. LAUDER ESTEE COS INC CL A   2013-07-01 2020-08-27
25. PAYPAL HOLDINGS INC   2016-02-09 2020-08-27
5. THERMO ELECTRON CORP   2011-12-05 2020-08-27
10. VISA INC-CLASS A SHARES   2011-01-03 2020-08-27
15. WATSCO INC   2012-12-03 2020-08-27
25000. AMERICAN EXPR CENTURION 2.35% 07 OCT 2020   2015-09-30 2020-10-07
25000. JPMORGAN CHASE & CO 4.25% 15 OCT 2020   2013-01-09 2020-10-15
25000. DAYTON LIBR 03 APR 2013 2.15% 01 DEC 2020   2013-04-02 2020-12-01
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(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 3,167   2,430 737
b 6,993   2,741 4,252
c 5,722   973 4,749
d 2,552   2,260 292
e 3,573   2,461 1,112
11,954   1,885 10,069
5,207   2,724 2,483
4,365   1,908 2,457
1,827   537 1,290
10,397   7,233 3,164
12,362   8,736 3,626
10,728   7,966 2,762
4,776   1,185 3,591
25,208   25,172 36
4,120   1,340 2,780
25,363   25,084 279
4,389   1,317 3,072
15,000   14,851 149
4,374   2,711 1,663
4,911   710 4,201
4,724   441 4,283
6,227   4,716 1,511
4,410   1,789 2,621
3,652   2,367 1,285
2,154   324 1,830
1,589   236 1,353
1,681   237 1,444
2,521   1,936 585
3,238   471 2,767
2,071   508 1,563
1,054   335 719
1,561   1,064 497
1,693   237 1,456
2,139   177 1,962
5,450   13,561 -8,111
9,417   12,195 -2,778
11,567   16,753 -5,186
5,941   11,749 -5,808
7,788   16,081 -8,293
1,083   423 660
2,820   1,096 1,724
5,075   649 4,426
1,699   236 1,463
1,807   818 989
1,146   397 749
690   443 247
695   582 113
2,830   1,005 1,825
1,551   329 1,222
763   542 221
1,697   237 1,460
950   88 862
15,282   13,276 2,006
1,756   716 1,040
25,786   25,000 786
25,000   24,913 87
25,000   25,000  
6,844   649 6,195
7,545   707 6,838
1,392   545 847
1,478   397 1,081
1,629   1,206 423
10,942   8,153 2,789
5,384   3,983 1,401
2,169   670 1,499
5,125   823 4,302
2,107   237 1,870
2,112   177 1,935
3,675   1,073 2,602
25,000   25,000  
25,000   25,000  
25,000   25,000  
      19
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      19
      19
      19
      19
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       737
b       4,252
c       4,749
d       292
e       1,112
      10,069
      2,483
      2,457
      1,290
      3,164
      3,626
      2,762
      3,591
      36
      2,780
      279
      3,072
      149
      1,663
      4,201
      4,283
      1,511
      2,621
      1,285
      1,830
      1,353
      1,444
      585
      2,767
      1,563
      719
      497
      1,456
      1,962
      -8,111
      -2,778
      -5,186
      -5,808
      -8,293
      660
      1,724
      4,426
      1,463
      989
      749
      247
      113
      1,825
      1,222
      221
      1,460
      862
      2,006
      1,040
      786
      87
       
      6,195
      6,838
      847
      1,081
      423
      2,789
      1,401
      1,499
      4,302
      1,870
      1,935
      2,602
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 98,145
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,749
c All other domestic foundations enter 1.39% 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 1,749
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 1,749
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,292
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 2,292
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 10 543
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet543 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 the instructions
for the 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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbulletNA
    14
    The books are in care ofbulletThe Washington Trust Company Telephone no.bullet (401) 348-1234

    Located atbullet23 BROAD STREETWESTERLYRI ZIP+4bullet02891
    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 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    The Washington Trust Company Trustee
    2     		0    
    23 Broad Street
    Westerly,RI02891
    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 (2020)
    Form 990-PF (2020)
    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 (2020)
    Form 990-PF (2020)
    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
    1,420,906
    b
    Average of monthly cash balances.......................
    1b
    76,227
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,497,133
    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
    1,497,133
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    22,457
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,474,676
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    73,734
    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
    73,734
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,749
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,749
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    71,985
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    71,985
    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
    71,985
    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
    468,800
    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
    468,800
    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
    468,800
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 71,985
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 226,785
    b From 2016...... 305,076
    c From 2017...... 420,134
    d From 2018...... 304,009
    e From 2019...... 403,264
    fTotal of lines 3a through e........ 1,659,268
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 468,800
    a Applied to 2019, 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 2020 distributable amount..... 71,985
    e Remaining amount distributed out of corpus 396,815
    5 Excess distributions carryover applied to 2020. 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 2,056,083
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		226,785
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,829,298
    10 Analysis of line 9:
    a Excess from 2016.... 305,076
    b Excess from 2017.... 420,134
    c Excess from 2018.... 304,009
    d Excess from 2019.... 403,264
    e Excess from 2020.... 396,815
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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).)
    THE WASHINGTON TRUST COMPANY
    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:
    Dennis L Algiere
    23 Broad Street
    Westerly,RI02891
    (401) 348-1207
    bThe form in which applications should be submitted and information and materials they should include:
    Letter outlining request
    cAny submission deadlines:
    October 1st of each year
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Needham Community Council Inc
    570 HILLSIDE AVENUE
    Needham,MA02494     		NONE PC OPERATIONAL SERVICES 1,000
    Greater Boston Food Bank
    70 S BAY AVE
    Boston,MA02118     		NONE PC OPERATIONAL 1,000
    HESSCO Elder Services
    1 MERCHANT STREET
    Sharon,MA02067     		NONE PC OPERATIONAL 1,000
    LAWYERS FOR CIVIL RIGHTS
    61 BATTERYMARCH STREET
    BOSTON,MA02110     		NONE PC GENERAL 10,750
    Bryant University Scholarship
    1150 DOUGLAS PIKE
    Smithfield,RI02917     		NONE PC SCHOLARSHIPS 5,000
    Children's Friend & Service
    153 SUMMER STREET
    Providence,RI02903     		NONE PUBLIC CHARITY OPERATIONAL PURPOSES 10,000
    Providence College
    1 CUNNINGHAM SQUARE
    Providence,RI02918     		NONE PC EDUCATIONAL SERVICES 5,000
    Salve Regina University
    100 OCHRE POINT AVENUE
    Newport,RI02840     		NONE PUBLIC CHARITY OPERATIONAL SERVICES 7,500
    Providence Public Library
    ATTN ERICA BUSILLO ADAMS
    Providence,RI02903     		NONE PC OPERATIONAL 5,000
    Ocean Community YMCA
    ATTN MAUREEN FITZGERALD CEO
    Westerly,RI02891     		NONE PC REACH OUT TO YOUTH CAMPAIGN 93,000
    Meeting Street
    1000 EDDY STREET
    Providence,RI02905     		NONE PC OPERATIONAL SERVICES 1,000
    Insight
    43 JEFFERSON BOULEVARD SUITE 1
    Warwick,RI02888     		NONE PC OPERATIONAL SERVICES 1,000
    ASHAWAY FREE LIBRARY
    PO BOX 70
    Ashaway,RI02804     		NONE PC OPERATIONAL 500
    United Way of Rhode Island
    50 VALLEY STREET
    Providence,RI02909     		NONE PC OPERATIONS 86,000
    HOUSINGWORKS RI AT ROGER WILLIAMS UNIV
    1 EMPIRE PLAZA
    PROVIDENCE,RI02903     		NONE PC GENERAL 3,000
    Johnson and Wales University
    8 ABBOTT PARK PLACE
    Providence,RI02903     		NONE PC GENERAL 15,000
    Tri-County Community Action
    1126 HARTFORD AVEUE
    Johnston,RI02919     		NONE PC OPERATIONS 1,000
    ARTHUR TRUDEAU MEMORIAL CENTER
    3445 POST ROAD
    WARWICK,RI02886     		NONE PC OPERATIONS 1,000
    Westbay Community Action Inc
    205 BUTTONWOODS AVENUE
    Warwick,RI02886     		NONE PC OPERATIONAL 1,000
    TOMAQUAG INDIAN MEMORIAL MUSEUM
    390 A SUMMIT ROAD
    EXETER,RI02822     		NONE PUBLIC CHARITY OPERATIONS 1,000
    Jonnycake Center of Peace Dale
    1231 KINGSTOWN ROAD
    Peace Dale,RI02883     		NONE PUBLIC CHARITY OPERATIONAL SERVICES 3,000
    Wood River Health Services
    823 MAIN STREET
    Hope Valley,RI028321920     		NONE PC OPERATIONAL SERVICES 1,000
    Day One
    100 MEDWAY STREET
    Providence,RI02906     		NONE PUBLIC CHARITY OPERATIONAL SERVICES 500
    Institute for Labor Studies & Research
    (RIILSR)
    99 BALD HILL ROAD
    Cranston,RI02920     		NONE PC OPERATIONAL 1,000
    Rhode Island Community Food Bank
    Association
    200 NIANTIC AVENUE
    Providence,RI02907     		NONE PC OPERATIONS 10,000
    McAuley Ministries
    622 ELMWOOD AVENUE
    Providence,RI029073352     		NONE PC OPERATIONAL SERVICES 3,000
    Urban Collaborative Accelerated Program
    75 CARPENTER STREET
    Providence,RI029033004     		NONE PC OPERATIONAL SERVICES 5,000
    Good Neighbors Inc
    55 TURNER AVENUE
    East Providence,RI02915     		NONE PC OPERATIONS 500
    North Kingstown Food Pantry
    445 SCHOOL ST
    North Kingsown,RI02852     		NONE PC OPERATIONAL SERVICES 1,000
    Saint Elizabeth Community
    1 ST ELIZABETH WAY
    East Greenwich,RI02818     		NONE PC OPERATIONS 5,000
    SMITH HILL COMMUNITY DEVELOPMENT CORPO
    400 SMITH STREET
    PROVIDENCE,RI02908     		NONE PC GENERAL 1,000
    Westerly Armory Restoration Inc
    PO BOX 614
    Westerly,RI02891     		NONE PC OPERATIONS 2,000
    OCEAN COMMUNITY CHAMBER FOUNDATION
    ONE CHAMBER WAY
    WESTERLY,RI02891     		NONE PC CHARITABLE CONTRIBUTION 5,000
    New Urban Arts
    705 WESTMINSTER STREET
    Providence,RI02903     		NONE PC OPERATIONS 500
    Rhode Island Free Clinic
    655 BROAD STREET
    Providence,RI02907     		NONE PC OPERATIONS 5,000
    Community 2000 Education Foundation
    PO BOX 1161
    Charlestown,RI02813     		NONE PC OPERATIONAL SERVICES 1,000
    Babcock Smith House Museum
    124 GRANITE STREET
    Westerly,RI02891     		NONE PC OPERATIONAL PURPOSES 1,000
    University of Rhode Island Scholarship
    79 UPPER COLLEGE ROAD
    Kinston,RI02881     		NONE PC SCHOLARSHIPS 5,000
    Comprehensive Community Action
    311 DORIC AVENUE
    Cranston,RI02910     		NONE PC OPERATIONAL SERVICES 1,000
    Christian Community Action Inc
    168 DAVENPORT AVENUE
    New Haven,CT06519     		NONE PC OPERATIONAL 1,000
    Pawcatuck Neighborhood Center
    27 CHASE ST
    Pawcatuck,CT06379     		NONE PC OPERATIONAL SERVICES 1,000
    American Cancer Society
    PO BOX 22478
    Oklahoma City,OK73123     		NONE PC GENERAL 1,000
    LOCAL INITIATIVES SUPPORT CORPORATION
    28 LIBERTY STREET
    NEW YORK,NY10005     		NONE PC OPERATIONS 7,500
    NETWORK FOR TEACHING
    ENTREPRENEURSHIP
    120 WALL ST 18TH FLOOR
    NEW YORK,NY10005     		NONE PC OPERATIONAL 14,000
    R I CENTER ASSISTING THOSE IN
    NEED
    PO BOX 73
    CAROLINA,RI02812     		NONE PC OPERATIONAL 1,000
    Community Preparatory School
    135 PRAIRIE AVE
    Providence,RI02905     		NONE PC OPERATIONAL 2,000
    RHODE ISLAND ACADEMIC DECATHALON
    1944 WARWICK AVENUE
    WARWICK,RI02889     		NONE PC OPERATIONS 1,000
    Hasbro Children's Hospital
    593 EDDY ST
    Providence,RI02903     		NONE PC OPERATIONAL 10,000
    West Broadway Neighborhood Assoc
    1560 WESTMINSTER STREET
    Providence,RI02909     		NONE PC OPERATIONAL SERVICES 500
    Rhode Island Foundation
    ONE UNION STATION
    Providence,RI02903     		NONE PC CIVIC LEADERSHIP FUND 2,500
    Providence Intown Churches Assocation
    (PICA)
    15 HAYES STREET
    Providence,RI02903     		NONE PC OPERATIONAL 1,000
    RONALD MCDONALD HOUSE CHARITIES OF NEW
    45 GAY STREET
    PROVIDENCE,RI02905     		NONE PC GENERAL 1,000
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    154 WATERMAN STREET
    PROVIDENCE,RI02906     		NONE PC GENERAL 1,000
    Bread of Life Food Pantry
    100 NEWMAN AVENUE
    Rumford,RI02916     		NONE PUBLIC CHARITY OPERATIONAL SERVICES 1,000
    Westerly Area Rest Meals
    56 SPRUCE STREET
    Westerly,RI02891     		NONE PC OPERATIONAL SERVICES 3,000
    COVENTRY COMMUNITY FOODBANK
    50 WOOD STREET
    Coventry,RI028165825     		NONE PC OPERATIONAL 1,000
    Helping Hands Of Block Island Inc
    PO BOX 165
    Block Island,RI02807     		NONE PC OPERATIONAL 1,000
    WESTERLY REVOLVING FUND
    43 BROAD STREET
    WESTERLY,RI02891     		NONE PC GENERAL 2,000
    OCEAN COMMUNITY UNITED THEATRE INC
    46 GRANITE STREET
    Westerly,RI02891     		NONE PC OPERATIONAL 50,000
    Art Connection Rhode Island
    36 PARK PLACE NO 2
    Pawtucket,RI02860     		NONE PC GENERAL 500
    Blackstone Valley Community Health Care
    39 EAST AVENUE
    Pawtucket,RI02860     		NONE PC GENERAL 10,000
    READ TO SUCCEED
    6 WATER VALLEY ROAD
    Hope,RI02831     		NONE PC OPERATIONAL 500
    Rhode Island for Community & Justice
    80 WASHINGTON STREET OFFICE 450
    Providence,RI02903     		NONE PC OPERATIONAL SERVICES 1,500
    Capital Good Fund
    22 A STREET
    Providence,RI02907     		NONE PC OPERATIONAL SERVICES 1,000
    Providence Gridiron Club
    23 BROAD STREET
    Westerly,RI02891     		NONE PC OPERATIONAL 3,000
    SOUTH KINGSTOWN WELLNESS
    215 COLUMBIA STREET
    WAKEFIELD,RI02879     		NONE PC GENERAL 5,000
    SAINT ANTHONY OUTREACH MINISTRIES
    5 GIBBS STREET
    NORTH PROVIDENCE,RI02904     		NONE PC OPERATIONS 1,000
    GLASTONBURY FOOD AND FUEL BANK
    PO BOX 6523
    GLASTONBURY,CT06033     		NONE PUBLIC CHARITY OPERATIONS 1,000
    East Greenwich Interfaith Food Cupboard
    99 PIERCE STREET
    East Greenwich,RI02818     		NONE PC GENERAL 1,000
    RI HISTORICAL SOCIETY MUSEUM OF WORK
    42 SOUTH MAIN STREET
    WOONSOCKET,RI02895     		NONE PC GENERAL 1,000
    EASTERSEALS RHODE ISLAND
    150 MAIN STREET
    PAWTUCKET,RI02860     		NONE PC GENERAL 500
    NONVIOLENCE INSTITUTE
    265 OXFORD STREET
    PROVIDENCE,RI02905     		NONE PC GENERAL 10,000
    ONE NEIGHBORHOOD BUILDERS
    66 CHAFFEE ST
    PROVIDENCE,RI02909     		NONE PC OPERATIONAL 7,500
    RI FOOTBALL FOUNDATION AND COLLEGE HAL
    28 CEDAR RIDGE LANE
    WEST GREENWICH,RI02817     		NONE PC GENERAL 1,000
    THE WESTERLY LAND TRUST
    122 GRANITE STREET
    WESTERLY,RI02891     		NONE PC GENERAL 5,000
    WESTERLY RI TROOPS BS INC
    PO BOX 77
    WESTERLY,RI02891     		NONE PC GENERAL 500
    YMCA OF GREATER PROVIDENCE
    438 HOPE STREET
    PROVIDENCE,RI02906     		NONE PC OPERATIONS 2,500
    THE STEEL YARD
    27 SIMS AVENUE
    PROVIDENCE,RI02909     		NONE PC GENERAL 2,500
    CHRIST CHURCH
    7 ELM STREET
    WESTERLY,RI02891     		NONE PC GENERAL 5,000
    BLOCK ISLAND MEDICAL CENTER
    6 PAYNE ROAD
    BLOCK ISLAND,RI02807     		NONE PC OPERATIONS 5,000
    Total .................................bullet 3a 468,750
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 28,469  
    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 98,145  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER REVENUE     		    14 1,197  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   127,811  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    127,811
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Name of Bond End of Year Book Value End of Year Fair Market Value
    25,000 PAR AMERICAN EXPRESS CE    
    25,000 PAR BUCKEYE AZ UN HS DI    
    25,000 PAR CIT BANK SALT LAKE 25,000 27,806
    25,000 PAR CIT BANK SALT LAKE 25,000 27,929
    25,000 PAR DAYTON OH METRO LIB    
    25,000 PAR JP MORGAN CHASE & C    
    25,000 PAR KIMBERLY CLARK CORP    
    25,000 PAR NEW YORK CITY TRANS 24,894 27,113
    25,000 PAR NEW YORK ST URBAN D 24,884 26,329
    25,000 PAR OCCIDENTAL PETE COR    
    25,000 PAR SAN JOSE CA SCH DIS 26,028 27,122
    25,000 PAR VERIZON COMMUNICATI    
    25,000 PAR WELLS FARGO BK NA S    
    25000 WELLS FARGO BANK NA 3.2% 24,963 25,781
    4187 PAR PIMCO INCOME FUND 35,108 35,637
    FEDERAL FARM CREDIT BANKS FUND 25,000 25,006

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Name of Stock End of Year Book Value End of Year Fair Market Value
    175 SHS ALIBABA GROUP HLDG LTD 10,150 27,928
    35 SHS ALPHABET INC CL A 12,455 40,311
    35 SHS AMAZON.COM INC 4,864 48,854
    425 SHS AMERICAN INTL GROUP IN    
    75 SHS AMERICAN TOWER CORP REI 8,321 16,835
    115 SHS AMGEN INC 16,302 22,992
    310 SHS APPLE INC 7,070 79,614
    1,500 SHS BANK OF AMERICA CORP 17,984 30,310
    90 SHS BECTON DICKINSON & CO 16,308 22,520
    35 SHS BLACKROCK INC 13,960 25,254
    120 SHS BOEING CO    
    300 SHS BROADRIDGE FINL SOLUTI 12,267 34,470
    250 SHS CVS HEALTH CORP 10,324 15,368
    500 SHS CERNER CORP 11,936 31,392
    100 SHS CHEVRON CORP    
    400 SHS CISCO SYS INC 12,448 17,900
    440 SHS COMCAST CORP CL A 12,276 23,056
    150 SHS WALT DISNEY CO 15,772 27,177
    275 SHS DISCOVER FINL SVCS    
    350 SHS EXXON MOBIL CORP    
    185 SHS FACEBOOK INC CL A 8,839 31,413
    150 SHS IQVIA HLDGS INC COM 12,833 25,980
    1,750 SHS ISHARES TR MSCI EAFE 44,455 60,192
    1,200 SHS ISHARES TR RUSSELL 2 55,861 98,030
    1,450 SHS ISHARES CORE MSCI EM 35,847 55,836
    600 SHS JP MORGAN CHASE & CO 10,214 38,121
    55 SHS JOHNSON & JOHNSON 7,788 8,656
    290 SHS LAUDER ESTEE COS INC 10,051 39,929
    50 SHS LOCKHEED MARTIN CORP 12,265 17,749
    100 SHS MICROSOFT CORP 7,916 22,242
    65 SHS NEXTERA ENERGY INC 8,343 20,059
    575 SHS PAYPAL HLDGS INC 8,230 58,550
    380 SHS STARBUCKS CORP 15,721 31,024
    300 SHS THERMO FISHER SCIENTIF 5,385 53,565
    50 SHS UNIVERSAL DISPLAY 6,410 11,490
    250 SHS VERIZON COMMUNICATIONS 13,107 14,688
    525 SHS VISA INC CL A 3,532 43,746
    5,045.655 SHS VIRTUS EMERGING    
    235 SHS WATSCO INC 10,734 33,983
    140 SHS ZIMMER BIOMET HOLDINGS 14,712 17,720
    300 SHS APTIV PLC 13,904 30,618
    20 SHS EQUINIX INC 7,531 14,284
    175 SHS MONDELEZ INTL INC 7,579 10,232
    AKAMAI TECHNOLOGIES INC 6,912 10,499
    NVIDIA CORP 8,666 23,499
    TRUIST FINANCIAL CORP 12,465 11,983
    WALMART INC 11,183 14,415
    200 SHS ADOBE INC 6,235 10,002

    TY 2020 OtherDecreasesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Description Amount
    INCOME POSTED FOLLOWING YEAR 119


    TY 2020 OtherIncreasesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Description Amount
    INCOME POSTED PREVIOUS YEAR 308
    ROUNDING 3


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT & ACCOUNTING FEES (ALLOC 50 50   50


    TY 2020 TaxesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 1,061 0   0
    FEDERAL ESTIMATES - PRINCIPAL 2,292 0   0
    FOREIGN TAXES ON QUALIFIED FOR 170 170   0
    FOREIGN TAXES ON NONQUALIFIED 65 65   0