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
Grimshaw-Gudewicz Charitable Foundation A Shabshelowitz Co-Trustee
 
Number and street (or P.O. box number if mail is not delivered to street address)263 Walnut St
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Fall River, MA02720
A Employer identification number

04-6778721
B Telephone number (see instructions)

(508) 672-2182
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$32,485,823J 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 99 99  
4 Dividends and interest from securities... 662,824 662,824  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -23,747
b Gross sales price for all assets on line 6a 4,553,773
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 639,176 662,923  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 256,007 179,205   76,802
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,485      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 19,875 12,993    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 650 650    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 288,017 192,848   76,802
25 Contributions, gifts, grants paid....... 1,600,000 1,600,000
26 Total expenses and disbursements. Add lines 24 and 25 1,888,017 192,848   1,676,802
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,248,841
b Net investment income (if negative, enter -0-) 470,075
c Adjusted net income (if negative, enter -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......... 602,384 1,364,762 1,364,762
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   40,466 40,466
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,976,094 Click to see attachment11,021,412 21,020,508
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).......... 8,692,284 Click to see attachment8,583,402 10,060,087
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) 22,270,762 21,010,042 32,485,823
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment44,342 Click to see attachment32,463
23 Total liabilities (add lines 17 through 22)......... 44,342 32,463
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........ 16,279,503  
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 5,946,917 20,977,579
29 Total net assets or fund balances (see instructions)..... 22,226,420 20,977,579
30 Total liabilities and net assets/fund balances (see instructions). 22,270,762 21,010,042
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
22,226,420
2
Enter amount from Part I, line 27a .....................
2
-1,248,841
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
20,977,579
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,977,579
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 Publicly Traded Securities P    
b Capital Gain Dividends P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,439,704   4,577,520 -137,816
b 114,069     114,069
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -137,816
b       114,069
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -23,747
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 6,534
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  
3 Add lines 1 and 2........................... 3 6,534
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,534
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 47,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 47000 7 47,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 40,466
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet40,466 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See 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)
    bulletNH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbulletN/A
    14
    The books are in care ofbulletAndrew Shabshelowitz Co-Trustee Telephone no.bullet (508) 672-2182

    Located atbullet263 Walnut StFall RiverMA ZIP+4bullet02720
    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
     
     
    ........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
    Barry Robbins Trustee
    010.00     		51,201    
    7 Harwich Road
    Barrington,RI02906
    Andrew Shabshelowitz Trustee
    010.00     		51,201    
    263 Walnut St
    Fall River,MA02720
    Arthur Parker Trustee
    010.00     		51,201    
    1200 Drift Road
    Westport,MA02790
    Anne Fazendeiro Trustee
    010.00     		51,202    
    173 Auburn St
    New Bedford,MA02740
    Bernard AG Taradash Trustee
    010.00     		51,202    
    PO Box 488
    Fall River,MA02722
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 N/A 0
    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 N/A  
    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
    28,322,225
    b
    Average of monthly cash balances.......................
    1b
    2,042,895
    c
    Fair market value of all other assets (see instructions)................
    1c
    27,417
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,392,537
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    30,392,537
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    455,888
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,936,649
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,496,832
    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
    1,496,832
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,534
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,534
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,490,298
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,490,298
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,490,298
    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 Click to see attachment..........
    1a
    1,676,802
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,676,802
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,676,802
    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 1,490,298
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 199,839
    b From 2016...... 252,434
    c From 2017...... 157,626
    d From 2018...... 171,021
    e From 2019...... 219,235
    fTotal of lines 3a through e........ 1,000,155
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,676,802
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 1,490,298
    e Remaining amount distributed out of corpus 186,504
    5 Excess distributions carryover applied to 2020.    
    (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 1,186,659
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		199,839
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		986,820
    10 Analysis of line 9:
    a Excess from 2016.... 252,434
    b Excess from 2017.... 157,626
    c Excess from 2018.... 171,021
    d Excess from 2019.... 219,235
    e Excess from 2020.... 186,504
    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).)
    None
    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.
    None
    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:
    Anne Fazendeiro
    173 Auburn Street
    New Bedford,MA02740
    (508) 997-2297
    bThe form in which applications should be submitted and information and materials they should include:
    A letter indicating purpose for which funds requested accompanied by a copy of the federal exemption letter and evidence that the organizaton is currently in good standing.
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    A minimum of 80 of the Foundations annual distribution is given to charitable organizations as designated in the trust instrument. The Trustees have discretion as to 20 of the annual distribution. The Trustees policy is to give to charitable organizations in geographical areas comprising Bristol County, MA, proximate Rhode Island areas, Peterborough, New Hampshire and vicinity and locations that can affect or benefit the inhabitants of Southeastern Massachusetts, Rhode Island, or New Hampshire areas. Generally the targeted areas for giving are the arts, education, especially those that enhance business and entrepreneurial skills, healthcare, and preservation of local culture. The Trustees also favor those organizations that will provide a lasting named memorial whenever possible.
    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
    Apple Hill Center for Chamber Music
    Apple Hill Road PO Box 217
    East Sullivan,NH03445     		  PC General Support 2,000
    Atlantis Charter School
    2501 South Main St
    Fall River,MA02721     		  PC General Support 3,000
    Blithewold Inc
    101 Ferry Road
    Bristol,RI02809     		  PC General Support 20,000
    Boys & Girls Club of New Bedford
    PO Box 1506
    New Bedford,MA02741     		  PC General Support 2,000
    Bristol Community College
    777 Elsbree St
    Fall River,MA02720     		  PC Support College Art Library 15,000
    Brown University
    PO Box 1860
    Providence,RI02912     		  PC Scholarships and Support of University Operations 160,000
    Buttonwood Park Zoological Society Inc
    425 Hawthorne St
    New Bedford,MA02740     		  PC General Support 3,000
    Charlton Memorial Hospital Auxiliary Fund
    363 Highland Ave
    Fall River,MA02720     		  PC General Support 10,000
    Children's Museum of Greater Fall River Inc
    441 North Main St
    Fall River,MA02720     		  PC General Support 3,000
    College Light Opera Company
    At Highfield-PO Box 906
    Falmouth,MA025410906     		  PC General Support 3,800
    Con Val High School
    184 Hancock Road
    Peterborough,NH03458     		  PC Scholarships 10,000
    Concerts at the Point
    PO Box 3
    Westport Point,MA02791     		  PC Scholarships 3,000
    Dana-Farber Cancer Institute Inc
    450 Brookline Avenue
    Boston,MA02115     		  PC General Support 10,000
    Dartmouth High School
    555 Bakerville Road
    North Dartmouth,MA02747     		  PC Scholarships 5,000
    Dennison Memorial Community Center Inc
    755 South First St
    New Bedford,MA02744     		  PC General Support 2,000
    Eastern Nazarene College
    23 East Elm Ave
    Quincy,MA02170     		  PC Scholarships 60,000
    Fall River High School Alumni Scholarships
    PO Box 2519
    Fall River,MA02722     		  PC Scholarships 6,000
    Fall River Historical Society
    457 Rock St
    Fall River,MA02720     		  PC General Support 13,000
    Fall River United Jewish Appeal
    385 High St
    Fall River,MA02720     		  PC General Support 11,500
    First Baptist Church of Fall River
    228 North Main St
    Fall River,MA02720     		  PC General Support 2,500
    Franklin Pierce University
    College Road PO Box 60
    Rindge,NH03461     		  PC General Support 160,000
    Freetown Historical Society
    3 Slab Bridge Rd PO Box 253
    Assonet,MA02702     		  PC General Support 130,000
    Friends Academy Inc
    1088 Tucker Road
    Dartmouth,MA02747     		  PC General Support 4,000
    Future in Sight
    25 Walker St
    Concord,NH03301     		  PC General Support 160,000
    Happy Valley School
    130 Gulf Road
    Peterborough,NH03458     		  PC General Support 500
    Harris Center for Conservation Education
    341 Kings Highway
    Hancock,NH03449     		  PC General Support 500
    Home for Little Wanderers Inc
    271 Huntington Ave
    Boston,MA02130     		  PC General Support 3,000
    Immigrants Assistance Center
    58 Crapo St
    New Bedford,MA02740     		  PC General Support 5,000
    John E Boyd Center
    2028 Rodman St
    Fall River,MA02721     		  PC General Support 1,500
    Katie Brown Educational Program
    10 Purchase St Fifth Floor
    Fall River,MA02720     		  PC General Support 4,000
    Lown Institute Inc
    21 Longwood Ave
    Brookline,MA024465329     		  PC General Support 6,000
    Marine Museum at Fall River
    70 Water St
    Fall River,MA02721     		  PC General Support 500
    Mary Hitchcock Memorial Hospital
    One Medical Center Drive
    Lebanon,NH037560001     		  PC General Support 160,000
    Masonic Education and Charity Trust
    186 Tremont St
    Boston,MA02111     		  PC General Support 160,000
    Massachusetts Eye & Ear
    243 Charles St
    Boston,MA02114     		  PC Eye Melanoma Research 7,500
    Michael's Fund
    966 Walnut St
    Fall River,MA02720     		  PC General Support 2,500
    Miriam Hospital Foundation
    PO Box H
    Providence,RI02901     		  PC General Support 10,000
    Monadnock Chorus
    PO Box 540
    Peterborough,NH03458     		  PC General Suppport 500
    Monadnock Community Day Care
    PO Box 262
    Peterborough,NH03458     		  PC General Support 500
    Monadnock Community Hospital
    452 Old Street Road
    Peterborough,NH03458     		  PC Hospital Capital Fund 16,000
    Monadnock Music
    20 Depot St 3rd Floor Office 18
    Peterborough,NH03458     		  PC General Support 500
    Monadnock United Way
    23 Center St
    Keene,NH03431     		  PC General Support 500
    Monadnock Worksource
    225 Concord St PO Box 28
    Peterborough,NH03458     		  PC General Support 500
    NEADS
    PO Box 213
    West Boylston,MA01583     		  PC General Support 500
    National Brain Tumor Society
    124 Watertown St Suite 3H
    Watertown,MA02472     		  PC Medical Research 3,000
    Nativity Prep School
    66 Spring St
    New Bedford,MA02740     		  PC Scholarships 5,000
    New Bedford Free Public Library
    613 Pleasant St
    New Bedford,MA02740     		  PC General Support 1,000
    New Bedford High School
    230 Hathaway Blvd
    New Bedford,MA02740     		  PC Scholarships 36,000
    New Bedford Port Society
    15 Johnny Cake Hill
    New Bedford,MA02740     		  PC General Support 1,000
    New Bedford Symphony Orchestra
    128 Union St Suite 204
    New Bedford,MA02740     		  PC General Support 17,000
    New Bedford Whaling Museum
    18 Johnny Cake Hill
    New Bedford,MA02740     		  PC Public Education Programs 21,000
    New Hampshire Public Radio
    207 North Main St
    Concord,NH03301     		  PC General Support 500
    Old Rochester Regional High School
    135 Marion Road
    Mattapoisett,MA02739     		  PC Scholarships 2,000
    Our Sisters School
    145 Brownell Avenue
    New Bedford,MA02740     		  PC Scholarships 5,000
    Peterborough Fire Rescue Assoc Inc
    PO Box 244
    Peterborough,NH03458     		  PC General Support 500
    Peterborough Historical Society
    19 Grove St PO Box 58
    Peterborough,NH03458     		  PC General Support 8,500
    Peterborough Players
    Hadley Rd PO Box 118
    Peterborough,NH03458     		  PC General Support 8,000
    Peterborough Town Library
    2 Concord St
    Peterborough,NH03458     		  PC General Support 1,500
    Rhode Island Public Radio
    One Union Station
    Providence,RI02903     		  PC General Support 5,000
    RI Council for the Humanities
    131 Washington St Suite 210
    Providence,RI02903     		  PC General Support 2,000
    River Center Family and Community Resource Center
    46 Concord St
    Peterborough,NH03458     		  PC General Support 5,000
    Roger Williams University School of Law
    One Old Ferry Road
    Bristol,RI02809     		  PC General Support 3,000
    Roger Williams University
    One Old Ferry Road
    Bristol,RI02809     		  PC Scholarships 2,500
    Rotch-Jones Duff House & Garden Museum Inc
    396 County St
    New Bedford,MA02740     		  PC General Support 16,000
    Salve Regina University
    100 Ochre Point Ave
    Newport,RI02840     		  PC Scholarships 5,000
    Save the Bay Inc (RI)
    100 Save the Bay Drive
    Providence,RI02905     		  PC General Support 4,000
    Schepens Eye Research Institute
    20 Staniford St
    Boston,MA02114     		  PC Macula Degeneration Research 160,000
    SHARE Foundation Inc
    285 Old Westport Road
    North Dartmouth,MA02747     		  PC General Support 3,000
    Shriners Hospital for Children
    51 Blossom St
    Boston,MA02114     		  PC General Support 5,000
    Society for the Protection of NH Forests
    54 Portsmouth St
    Concord,NH03301     		  PC General Support 13,000
    Southcoast Hospitals Group Inc
    101 Page St
    New Bedford,MA02740     		  PC General Support 1,500
    Strawbery Banke
    PO Box 300
    Portsmouth,NH03802     		  PC General Support 500
    Tabor Academy
    66 Spring St
    Marion,MA02738     		  PC General Support 4,000
    Thomas Chew Boys & Girls Club
    PO Box 5155
    Fall River,MA02723     		  PC General Support 13,000
    Union Congregational Church
    33 Concord St
    Peterborough,NH03458     		  PC General Support 2,500
    United Church of Assonet
    North Main St PO Box 155
    Assonet,MA02702     		  PC General Support 500
    United States Equestrian Team
    PO Box 355
    Gladstone,NJ07934     		  PC General Support 2,800
    University of NH Northeast Passage
    121 Technology Drive Suite 161
    Durham,NH03824     		  PC General Support 10,000
    USS Massachusetts Memorial Committee
    5 Water St PO Box 111
    Fall River,MA02722     		  PC General Support 2,000
    Waterfront Historic Area League of New Bedford
    15 Johnny Cake Hill
    New Bedford,MA02740     		  PC General Support 1,500
    Westport Community Schools
    19 Main Road
    Westport,MA02790     		  PC General Support 7,500
    Westport River Watershed Alliance Inc
    1151 Main Rd
    Westport,MA02790     		  PC General Support 16,000
    WGBH Educational Foundation
    One Guest St
    Boston,MA02135     		  PC General Support 500
    Zeiterion Theatre
    684 Purchase St
    New Bedford,MA02741     		  PC Children Programs 1,000
    Southeastern Massachusetts Veterans Housing Program Inc
    344 County St
    New Bedford,MA02740     		  PC General Support 5,000
    Altemont Lodge #26
    PO Box 138
    West Peterborough,NH03468     		  PC General Support 2,400
    Amos Fortune Forum
    PO Box 153
    Jaffrey,NH03452     		  PC General Support 500
    Andy's Summer Playhouse
    PO Box 601
    Wilton,NH03086     		  PC General Support 500
    Animal Rescue League of Fall River
    474 Durfee St
    Fall River,MA02720     		  PC General Support 2,000
    Animal Rescue League of New Bedford dba Humane Society & Shelter Southcoast
    31 Ventura Drive
    North Dartmouth,MA02747     		  PC General Support 1,000
    Tiverton Land Trust
    PO Box 167
    Tiverton,RI02878     		  PC General Support 1,000
    Narrows Center for the Arts
    16 Anawan Street
    Fall River,MA02721     		  PC General Support 2,000
    Mobile Ministries
    199 Pine Hill Road
    North Dartmouth,MA02747     		  PC General Support 5,000
    URI Foundation
    Three Keaney Rd Suite One
    Kingston,RI02881     		  PC Womens Rowing 3,000
    UMass School of Law
    333 Faunce Corner Rd
    Dartmouth,MA02747     		  PC Scholarships 2,000
    Total .................................bullet 3a 1,600,000
    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 ...........     		    14 99  
    4 Dividends and interest from securities....     14 662,824  
    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 -23,747  
    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)..   639,176  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    639,176
    (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: 20011406
    Software Version: 20.0.2.0
    Part VI Line 7 - Tax Paid with the Original Return: 47,000


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    Grimshaw-Gudewicz Charitable Foundation A Shabshelowitz Co-Trustee
    EIN:
    04-6778721
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Shabshelowitz Co., CPAs 11,485      

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Grimshaw-Gudewicz Charitable Foundation A Shabshelowitz Co-Trustee
    EIN:
    04-6778721
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10500 shares of Abbott Labs 230,052 1,149,645
    40000 shares of Bank of America Corporation 542,232 1,212,400
    24000 shares of Cisco Sys Inc. 475,199 1,074,000
    4000 shares of DuPont De Nemours Inc 147,312 284,440
    7000 shares of Johnson Johnson 423,934 1,101,660
    29500 shares of Pfizer Inc. 664,063 1,085,895
    2100 shares of Thermo Fisher Scientific Inc. 116,908 978,138
    14000 shares of WP Carey Co. 729,563 988,120
    30000 shares of General Motors Co. 1,023,352 1,249,200
    7000 shares of Illinois Tool Wks Inc. 350,305 1,427,160
    20000 shares of Apple Inc. 498,129 2,653,800
    1400 shares of Markel Corp. 820,236 1,446,620
    8000 shares of Verizon Communications Inc. 365,440 470,000
    7000 shares of Chubb Limited 332,496 1,077,440
    4000 shares of Goldman Sachs Group Inc. 84,700 100,960
    14000 shares of CVS Health Corp 960,901 956,200
    22000 shares of ATT Inc 711,223 632,720
    32000 shares of Jefferies Finl Group Inc 609,090 787,200
    15000 shares of Bristol Myers Squibb Co 817,691 930,450
    4000 shares of Dow Inc 96,526 222,000
    3000 shares of Altria Group Inc 117,508 123,000
    15000 shares of Brookline Bancorp Inc 148,739 180,600
    2000 shares of Citizens Finl Group Inc 44,069 71,520
    5000 shares of Eastern Bancshares Inc 61,850 81,550
    5000 shares of Oppenheimer Hldgs Inc 108,535 157,150
    2000 shares of Palantir Technologies Inc 55,038 47,100
    10000 shares of Total SE Sponsored ADS 409,301 419,100
    6000 shares of Viatris Inc 77,020 112,440

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Grimshaw-Gudewicz Charitable Foundation A Shabshelowitz Co-Trustee
    EIN:
    04-6778721
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    13300 Vanguard Scottsdale Fds Int Term AT COST 1,158,308 1,291,962
    5000 Wisdomtree Tr Emerging Mkts AT COST 200,053 238,600
    58807 Tekla Healthcare Invs AT COST 1,088,662 1,401,371
    142677.652 Vanguard Short Term Investment AT COST 1,499,164 1,573,735
    16000 Blackrock Science Tech Tr II AT COST 318,965 582,080
    Vanguard Treas Money Mkt AT COST 2,073,330 2,073,330
    Federated Hermes Treasury AT COST 1,077,210 1,077,210
    9974.137 Vanguard Ultra Short Term Bond AT COST 200,879 200,979
    Vanguard Federal MMkt AT COST 430,000 430,000
    6000 Vanguard Specialized Funds AT COST 294,099 847,020
    12000 Blackrock Health Scienses Tr II AT COST 242,732 343,800

    TY 2020 OtherExpensesSchedule
    Name:
    Grimshaw-Gudewicz Charitable Foundation A Shabshelowitz Co-Trustee
    EIN:
    04-6778721
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Fees 650 650    


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Grimshaw-Gudewicz Charitable Foundation A Shabshelowitz Co-Trustee
    EIN:
    04-6778721
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Federal Income Tax Payable 16,229  
    Securities Sold Short 10 Put MIC Exp 4/17/20 1,815  
    Securities Sold Short 50 Call BAC Exp 3/20/20 3,290  
    Securities Sold Short 20 Call ITS Exp 1/17/20 6,230  
    Securities Sold Shot 20 Call CSCO Exp 3/20/20 4,328  
    Securities Sold Short 50 Call T Exp 3/20/20 5,530  
    Securities Sold Sht 20 Call BMY Exp 3/20/20 2,335  
    Securities Sold Short 10 Call BABA Exp 3/20/20 4,585  
    Securities Sold Short 20 Out DIS exp 3/19/21   12,349
    Securites Sold Short 40 Call CVS exp 2/19/21   8,365
    Securities Sold Sht 40 Put PLTR exp 3/19/21   11,749


    TY 2020 TaxesSchedule
    Name:
    Grimshaw-Gudewicz Charitable Foundation A Shabshelowitz Co-Trustee
    EIN:
    04-6778721
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes Withheld on Dividends 12,993 12,993    
    New Hampshire Filing Fee 75      
    Federal Excise Paid on Investment Income 6,807