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
THE LINNELL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)240 CAMP ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANBORNVILLE, NH03872
A Employer identification number

04-2625173
B Telephone number (see instructions)

(603) 436-0406
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$5,108,840J 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 19,294 19,294  
4 Dividends and interest from securities... 98,267 98,267  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 51,245
b Gross sales price for all assets on line 6a 6,524,234
7 Capital gain net income (from Part IV, line 2)... 51,245
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........ 168,806 168,806  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 76,500     76,500
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 7,710     3,855
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,944 4,944    
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 26,041 26,041    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 115,195 30,985   80,355
25 Contributions, gifts, grants paid....... 246,000 246,000
26 Total expenses and disbursements. Add lines 24 and 25 361,195 30,985   326,355
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -192,389
b Net investment income (if negative, enter -0-) 137,821
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............. 162,142 83,189 83,189
2 Savings and temporary cash investments......... 833,500 1,168,961 1,168,961
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,115,013 Click to see attachment3,666,116 3,856,690
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)..........      
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) 5,110,655 4,918,266 5,108,840
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........ 5,137,279 5,132,343
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds -26,624 -214,077
29 Total net assets or fund balances (see instructions)..... 5,110,655 4,918,266
30 Total liabilities and net assets/fund balances (see instructions). 5,110,655 4,918,266
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
5,110,655
2
Enter amount from Part I, line 27a .....................
2
-192,389
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,918,266
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
4,918,266
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 200 SHS ABBVIE INC P 2020-01-17 2020-02-07
b 25 SHS ALPHABET INC P 2020-04-16 2020-04-30
c 50 SHS AMGEN INC P 2020-09-29 2020-11-04
d 100 SHS BOEING COMPANY P 2019-12-27 2020-01-09
e 100 SHS ELANCO ANIMAL HEALTH INC P 2020-06-12 2020-08-10
70 SHS HOME DEPOT INC. P   2020-10-12
200 SHS MICRON TECHNOLOGY INC P 2020-10-02 2020-10-15
76.484 SHS NEW MTN FIN CORP P   2020-01-07
200 SHS RPM INTERNATIONAL INC P 2020-04-15 2020-04-30
20 SHS SNOWFLAKE INC P   2020-12-24
433.085 SHS VERIZON COMMNS P   2020-03-16
131.36 SHS VANGUARD LGCP IDX P   2020-06-18
150 SHS WALT DISNEY CO P 2020-04-28 2020-05-18
255.881 SHS VANGUARD LGCP IDX P 2018-01-04 2020-04-15
1249 SHS WELLS FARGO & CO P   2020-09-02
1455 SHS MACYS INC P   2020-02-14
25000 SHS TARGET CORP 3.875% 7/15/20 P 2016-07-14 2020-01-28
200 SHS ABBVIE INC P 2020-01-24 2020-02-21
10 SHS ALPHABET INC P 2020-04-16 2020-05-11
100 SHS AMGEN INC P 2020-09-15 2020-11-04
500 SHS CHEWY INC P 2019-12-17 2020-02-20
100 SHS ELANCO ANIMAL HEALTH INC P 2020-07-30 2020-08-14
30 SHS HOME DEPOT INC P 2020-08-27 2020-10-12
100 SHS MICRON TECHNOLOGY INC. P 2020-10-12 2020-10-26
9.813 SHS NEW MTN FIN CORP P 2019-12-27 2020-02-21
50 SHS RPM INTERNATIONAL INC P   2020-05-11
80 SHS TESLA INC P 2020-04-06 2020-04-08
2000 SHS VERIZON COMMNS P   2020-09-04
75 SHS VANGUARD S&P MDCP400 P 2020-11-27 2020-12-29
50 SHS WALT DISNEY CO P 2020-05-04 2020-05-26
5.758 SHS VANGUARD LGCP IDX P 2020-03-25 2020-06-18
1110 SHS H&R BLOCK INC P 2018-03-27 2020-05-15
1705 SHS MACYS INC P   2020-03-18
5265.569 SHS BRIGHT ROCK M/C GROWTH P 2016-06-13 2020-02-14
500 SHS ABBVIE INC P 2020-04-09 2020-04-15
15 SHS ALPHABET INC P 2020-04-16 2020-05-21
150 SHS AMGEN INC P   2020-12-28
500 SHS CHEWY INC P 2019-09-05 2020-02-27
100 SHS ELI LILLY & CO. P 2020-05-08 2020-05-18
50 SHS HOME DEPOT INC P   2020-11-06
50 SHS MICRON TECHNOLOGY INC P 2020-10-20 2020-10-26
1000 SHS NEW MTN FIN CORP P 2020-03-19 2020-03-20
151.088 SHS RPM INTERNATIONAL INC P 2020-05-01 2020-05-12
25 SHS TESLA INC P 2020-08-24 2020-09-01
200 SHS VANGUARD FINANCIALS P 2020-09-15 2020-11-04
100 SHS VANGUARD UTILITIES P 2020-01-17 2020-02-20
100 SHS WAYFAIR INC P   2020-12-14
150 SHS AMGEN INC P 2019-07-25 2020-02-14
25000 SHS BOEING CO 4.875% 15-2-2020 P 2016-06-29 2020-02-18
55 SHS OLD REPUBLIC INTL CORP P 2018-10-22 2020-02-14
25,000 SHS UNITEDHEALTH GROUP 2.7% P 2016-07-26 2020-07-15
600 SHS ABBVIE INC P 2020-07-31 2020-08-14
20 SHS ALPHABET INC P   2020-10-30
494.499 SHS AT&T INC P 2019-12-17 2020-12-07
200 SHS CHEWY INC P 2020-07-01 2020-07-02
200 SHS ELI LILLY & CO P   2020-06-01
500 SHS HP INC P 2019-12-20 2020-02-25
100 SHS MICRON TECHNOLOGY INC P 2020-10-26 2020-11-23
5000 SHS NEW MTN FIN CORP P 2020-03-20 2020-03-25
100 SHS RPM INTERNATIONAL INC P 2020-10-29 2020-11-02
10 SHS TESLA INC P 2020-08-27 2020-09-02
50 SHS VANGUARD FINANCIALS P 2020-09-29 2020-11-11
400 SHS VANGUARD UTILITIES P 2020-04-09 2020-04-17
25 SHS WAYFAIR INC P 2020-12-09 2020-12-22
685 SHS H&R BLOCK INC P 2020-02-14 2020-05-15
185 SHS CARDINAL HEALTH P 2017-04-10 2020-02-14
1270 SHS OLD REPUBLIC INTL CORP P 2018-10-22 2020-03-19
390 SHS VALERO ENERGY CORP P   2020-11-23
400 SHS ABBVIE INC P   2020-11-04
5 SHS ALPHABET INC P 2020-10-29 2020-11-02
500 SHS AT&T INC P 2020-01-29 2020-12-23
50 SHS CHEWY INC P   2020-12-11
100 SHS ELI LILLY & CO. P 2020-09-01 2020-09-04
100.775 SHS LAM RESEARCH CORP P   2020-01-21
50 SHS MICRON TECHNOLOGY INC P 2020-10-29 2020-12-11
2000 SHS NEW MTN FIN CORP P 2020-03-17 2020-04-14
100 SHS SHERWIN WILLIAMS CO P 2020-06-12 2020-06-16
20 SHS TESLA INC P 2020-09-04 2020-09-18
200 SHS VANGUARD INFO TECH P 2020-04-06 2020-04-08
300 SHS VANGUARD UTILITIES P 2020-04-13 2020-04-28
30 SHS AMAZON.COM P   2020-01-31
776.597 SHS COLUMBIA REAL ESTATE EQU P   2020-11-23
25000 SHS COCA-COLA 3.3% 1-9-20 P 2016-07-05 2020-09-21
4101.321 SHS PAYDEN EQUITY INCOME FU P 2018-05-23 2020-11-23
.526 SHS VIATRIS INC P 2017-04-10 2020-11-25
650 SHS ABBVIE INC P   2020-11-04
5 SHS ALPHABET INC P 2020-11-04 2020-11-06
500 SHS AT&T INC P 2020-03-17 2020-12-23
200 SHS CITIZENS FINL GRP INC P 2020-05-18 2020-06-04
200 SHS ELI LILLY & CO. P   2020-11-04
100 SHS LAM RESEARCH CORP P 2020-03-02 2020-04-07
250 SHS MICRON TECHNOLOGY INC P   2020-12-22
100 SHS NOVACURE LTD P 2020-07-30 2020-08-14
75 SHS SHERWIN WILLIAMS CO P 2020-07-14 2020-07-21
250 SHS THERMO FISHER SCIENTIFIC P 2020-03-24 2020-03-25
500 SHS VANGUARD INFO TECH P 2020-02-27 2020-04-29
200 SHS VANGUARD UTILITIES P 2020-05-08 2020-05-18
10 SHS AMAZON.COM P 2019-12-17 2020-02-27
25 SHS EMERSON ELECTRIC CO. P 2019-07-25 2020-02-14
4867.853 SHS COLUMBIA REAL EST EQTY P   2020-11-23
40 SHS PFIZER INC P 2016-06-13 2020-02-14
97 SHS VIATRIS INC P 2017-04-10 2020-12-02
53.712 SHS ABBVIE INC P 2020-09-15 2020-11-06
100 SHS AMAZON.COM P   2020-01-31
200 SHS AT&T INC P 2020-03-17 2020-12-28
150 SHS CITIZENS FINL GRP INC P 2020-05-18 2020-06-16
5.698 SHS FEDEX CORP P   2020-01-29
100 SHS LAM RESEARCH CORP P 2020-03-02 2020-06-12
50 SHS MICRON TECHNOLOGY INC P 2020-12-07 2020-12-22
300 SHS PAYPAL HLDGS INC P 2020-01-27 2020-04-15
75 SHS SHOPIFY INC P 2020-03-02 2020-04-14
100 SHS THERMO FISHER SCIENTIFIC P 2020-08-27 2020-09-01
500 SHS VANGUARD INFO TECH P 2020-02-27 2020-04-30
400 SHS VANGUARD UTILITIES P   2020-06-01
5.501 SHS AT&T INC P 2019-12-17 2020-12-07
185 SHS EXXON MOBIL CORP P 2020-02-14 2020-05-15
345 SHS CONSOLIDATED EDISON INC P   2020-03-19
609 SHS PFIZER INC P   2020-03-19
565 SHS WALGREENS BOOTS ALLIANCE P 2019-07-25 2020-11-23
100 SHS ALIBABA GRP HLDG P   2020-04-14
10 SHS AMAZON.COM P 2019-09-23 2020-02-27
100 SHS BEACON ROOFING SUPPLY P 2020-06-09 2020-07-23
150 SHS CITIZENS FINL GRP INC P 2020-05-18 2020-06-18
600 SHS FLUOR CORP P 2020-04-06 2020-04-17
150 SHS LAM RESEARCH CORP P 2020-03-03 2020-06-16
300 SHS MICROSOFT CORP P   2020-01-29
150 SHS PAYPAL HLDGS INC P 2020-05-05 2020-05-11
25 SHS SHOPIFY INC P 2020-03-02 2020-04-15
150 SHS THERMO FISHER SCIENTIFIC P   2020-09-18
100 SHS VANGUARD INFO TECH P 2020-05-01 2020-05-06
100 SHS VANGUARD UTILITIES P 2020-04-09 2020-06-01
154.914 SHS FEDEX CORP P   2020-01-29
682.094 SHS GOLDMAN SACHS MLP ENERGY P 2020-02-14 2020-11-23
2203.347 SHS PARAMETRIC EMERGIN MKTS P 2016-06-13 2020-02-14
35 SHS PHILIP MORRIS INTL P 2018-03-27 2020-02-14
220 SHS WESTERN UNION CO P 2017-04-10 2020-02-14
50 SHS ALIBABA GRP HLDG P   2020-05-11
20 SHS AMAZON.COM P 2020-02-25 2020-02-27
200 SHS BERKSHIRE HATHAWAY P   2020-02-21
200 SHS CITIZENS FINL GRP INC P 2020-07-09 2020-07-13
100 SHS HAWAIIAN ELEC IND P 2020-06-09 2020-08-24
101.548 SHS LAM RESEARCH CORP P   2020-06-18
300 SHS MICROSOFT CORP P   2020-01-30
150 SHS PAYPAL HLDGS INC P 2020-05-05 2020-05-12
15 SHS SHOPIFY INC P 2020-06-12 2020-06-16
55 SHS THERMO FISHER SCIENTIFIC P   2020-10-12
405.391 SHS VANGUARD INFO TECH P   2020-06-01
50 SHS VANGUARD UTILITIES P 2020-06-22 2020-07-01
322.633 SHS NEW MTN FIN CORP P   2020-01-07
35 SHS KELLOGG CO P 2019-07-25 2020-02-14
495 SHS EMERSON ELECTRIC CO P   2020-02-14
30 SHS PRINCIPAL FINANCIAL GROUP P 2018-03-27 2020-02-14
325 SHS INVESCO LTD P 2017-04-10 2020-02-14
50 SHS ALIBABA GRP HLDG P 2020-05-01 2020-05-13
100 SHS AMAZON.COM P 2020-03-17 2020-03-20
100 SHS BERKSHIRE HATHAWAY P 2020-04-28 2020-08-14
100 SHS CITIZENS FINL GRP INC P 2020-07-09 2020-07-16
50 SHS HAWAIIAN ELEC IND P 2020-07-30 2020-12-08
200 SHS LAM RESEARCH CORP P   2020-10-12
250 SHS MICROSOFT CORP P 2020-04-06 2020-04-08
50 SHS PAYPAL HLDGS INC P 2020-07-14 2020-07-21
10 SHS SHOPIFY INC P 2020-07-01 2020-07-02
100.083 SHS THERMO FISHER SCIENTIFIC P   2020-10-26
50 SHS VANGUARD INFO TECH P 2020-06-12 2020-06-25
200 SHS VANGUARD UTILITIES P 2020-07-09 2020-07-13
516.915 SHS VERIZON COMMNS P   2020-03-16
910 SHS KOHLS CORP P   2020-05-15
735 SHS EXXON MOBIL CORP P 2018-03-27 2020-05-15
75 SHS QUALCOMM INC P 2016-06-13 2020-02-14
2845 SHS INVESCO LTD P   2020-04-20
100 SHS ALIBABA GRP HLDG P 2020-07-01 2020-07-16
5 SHS AMAZON.COM P 2020-05-04 2020-05-11
100 SHS BERKSHIRE HATHAWAY P 2020-07-21 2020-09-01
100 SHS CITIZENS FINL GRP INC P 2020-08-24 2020-09-01
200 SHS HAWAIIAN ELEC IND P 2020-06-09 2020-12-08
100 SHS LAM RESEARCH CORP P   2020-10-26
200 SHS MICROSOFT CORP P 2020-02-25 2020-04-15
50 SHS PAYPAL HLDGS INC P 2020-07-14 2020-07-28
25 SHS SHOPIFY INC P 2020-07-14 2020-07-28
350 SHS UPS INC P 2020-04-06 2020-04-08
100 SHS VANGUARD INFO TECH P 2020-06-10 2020-08-24
150 SHS VANGUARD UTILITIES P   2020-07-28
1550 SHS VERIZON COMMNS P   2020-03-16
80 SHS MACY'S INC P 2019-07-25 2020-03-18
25000 SHS FREDDIE MAC 1.375% 5/1/20 P 2016-07-08 2020-05-01
450 SHS QUALCOMM INC P   2020-03-19
  P   2020-12-31
50 SHS ALIBABA GRP HLDG P 2020-11-05 2020-11-06
5 SHS AMAZON.COM P 2020-05-04 2020-05-12
100 SHS BERKSHIRE HATHAWAY P 2020-09-01 2020-09-02
501.424 SHS COMCAST CORP P   2020-02-20
56.612 SHS HAWAIIAN ELEC IND P   2020-12-28
100 SHS LAM RESEARCH CORP P   2020-11-02
250 SHS MICROSOFT CORP P   2020-04-30
50 SHS PFIZER INC P 2020-11-30 2020-12-01
25 SHS SHOPIFY INC P 2020-07-14 2020-07-29
100 SHS UPS INC P 2020-09-04 2020-10-12
150.495 SHS VANGUARD INFO TECH P   2020-09-01
150 SHS VANGUARD UTILITIES P   2020-09-03
2200 SHS VERIZON COMMNS P   2020-08-24
246.93 SHS PAYDEN EQUITY INCOME FUND P   2020-11-23
1035.638 SHS FIDELITY DIVERSIFIED IN P 2016-06-13 2020-02-14
40 SHS SOUTHERN CO P 2016-06-13 2020-02-14
  P   2020-12-31
100 SHS ALPHABET INC P   2020-02-27
100 SHS AMGEN INC P 2020-08-24 2020-09-01
100 SHS BERKSHIRE HATHAWAY P 2020-10-02 2020-10-12
250 SHS DELL TECHS INC P 2020-01-17 2020-06-24
100 SHS HOME DEPOT INC P 2020-07-31 2020-08-14
75 SHS LAM RESEARCH CORP P   2020-11-04
200.349 SHS MICROSOFT CORP P   2020-05-12
100 SHS RITE AID CORP P 2020-12-08 2020-12-22
20 SHS SHOPIFY INC P 2020-11-09 2020-11-20
100 SHS UPS INC P 2020-09-04 2020-10-26
600.912 SHS VANGUARD INFO TECH P   2020-09-18
150 SHS VANGUARD UTILITIES P 2020-06-09 2020-10-08
317 SHS VERIZON COMMNS P   2020-09-01
2633.577 SHS TCW EMRG MRKTS P 2019-08-21 2020-02-14
2270.258 SHS GOLDMAN SACHS MLP ENER P   2020-11-23
310 SHS SOUTHERN CO P 2016-06-13 2020-03-19
25 SHS ALPHABET INC P 2020-04-16 2020-04-17
50 SHS AMGEN INC P 2020-08-27 2020-09-01
200 SHS BERKSHIRE HATHAWAY P   2020-10-26
250 SHS DELL TECHS INC P 2019-12-26 2020-06-30
75 SHS HOME DEPOT INC P 2020-07-30 2020-08-24
126.211 SHS LAM RESEARCH CORP P   2020-11-06
50 SHS MODERNA INC P 2020-11-23 2020-12-01
300 SHS RPM INTERNATIONAL INC P 2020-04-07 2020-04-14
5 SHS SHOPIFY INC P 2020-11-12 2020-11-23
100 SHS UPS INC P 2020-10-26 2020-11-06
150 SHS VANGUARD INFO TECH P   2020-11-04
100 SHS VANGUARD UTILITIES P   2020-10-22
1000 SHS VERIZON COMMNS P 2020-03-24 2020-09-02
626 SHS VANGUARD S&P MID-CAP 400 VAL P 2020-02-14 2020-11-23
40 SHS INTL BUSINESS MACHINES CORP P   2020-02-14
3319.769 SHS STONE RIDGE HY REIN RSK P   2020-02-14
25 SHS ALPHABET INC P 2020-04-16 2020-04-29
100 SHS AMGEN INC P 2020-10-09 2020-10-12
100 SHS BERKSHIRE HATHAWAY P   2020-11-09
100 SHS ELANCO ANIMAL HEALTH INC P 2020-06-12 2020-07-21
25 SHS HOME DEPOT INC P 2020-07-30 2020-08-27
200 SHS MICRON TECHNOLOGY INC P 2020-10-01 2020-10-13
50 SHS MODERNA INC P 2020-11-23 2020-12-11
200 SHS RPM INTERNATIONAL INC P 2020-04-07 2020-04-15
10 SHS SHOPIFY INC P 2020-12-07 2020-12-09
100 SHS UPS INC P   2020-12-11
289.236 SHS VANGUARD LGCP IDX P   2020-04-15
100 SHS WALT DISNEY CO P 2020-04-28 2020-05-11
352.994 SHS VANGUARD LGCP IDX P   2020-04-15
30 SHS WALGREENS BOOT ALLIANCE P 2019-07-25 2020-02-14
50000 SHS JP MORGAN CHASE 4.5% 1/24 P 2018-02-12 2020-09-21
2630.659 SHS TIAA-CREF INFL LNK BOND P 2016-06-13 2020-02-14
(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 18,400   17,647 753
b 33,135   31,565 1,570
c 11,526   12,424 -898
d 33,749   33,315 434
e 2,468   2,265 203
20,132   18,590 1,542
10,260   9,339 921
1,071   1,038 33
13,227   12,799 428
6,487   6,574 -87
22,384   24,594 -2,210
9,580   8,974 606
17,835   16,179 1,656
16,525   16,735 -210
30,560   34,797 -4,237
24,169   47,181 -23,012
25,250   25,270 -20
19,059   16,670 2,389
14,072   12,626 1,446
23,052   23,052  
14,875   13,997 878
2,600   2,161 439
8,628   8,628  
5,217   5,035 182
139   136 3
3,472   3,210 262
43,019   40,763 2,256
121,683   110,102 11,581
13,288   12,813 475
6,050   5,072 978
420   393 27
17,391   28,460 -11,069
9,772   43,195 -33,423
111,419   71,296 40,123
41,499   39,500 1,999
21,150   18,939 2,211
33,689   33,689  
14,870   16,952 -2,082
15,872   15,377 495
14,179   13,949 230
2,608   2,608  
6,950   5,536 1,414
10,576   9,693 883
12,040   10,000 2,040
12,162   12,119 43
15,451   14,698 753
24,893   24,491 402
33,431   26,112 7,319
25,000   25,000  
1,288   1,135 153
25,000   25,000  
57,389   56,632 757
33,304   31,331 1,973
14,718   19,095 -4,377
9,428   9,313 115
30,471   30,766 -295
11,486   10,156 1,330
6,391   5,274 1,117
33,380   32,850 530
8,641   8,396 245
4,494   4,423 71
3,332   2,898 434
53,199   52,904 295
6,980   5,975 1,005
10,732   15,459 -4,727
10,960   15,290 -4,330
16,319   26,210 -9,891
21,685   26,260 -4,575
37,999   38,868 -869
8,189   7,679 510
14,387   18,833 -4,446
4,174   3,893 281
14,913   14,891 22
31,240   26,602 4,638
3,489   2,507 982
15,040   14,999 41
58,006   55,350 2,656
8,900   7,811 1,089
43,895   43,150 745
39,529   38,793 736
61,185   58,314 2,871
9,723   10,616 -893
25,721   25,460 261
71,773   68,492 3,281
9   8 1
61,719   60,656 1,063
8,751   8,528 223
14,392   16,535 -2,143
5,493   4,265 1,228
29,836   30,326 -490
25,834   25,835 -1
17,487   15,537 1,950
7,573   7,296 277
45,804   43,464 2,340
68,386   67,808 578
120,997   117,500 3,497
25,002   24,555 447
19,330   18,552 778
1,822   1,674 148
60,946   75,436 -14,490
1,457   1,400 57
1,639   1,395 244
4,961   4,877 84
202,628   181,775 20,853
5,723   6,614 -891
4,190   3,199 991
846   961 -115
29,246   29,196 50
3,497   3,548 -51
32,287   32,287  
36,505   35,847 658
43,220   40,700 2,520
120,327   117,500 2,827
52,760   50,262 2,498
164   225 -61
7,846   11,218 -3,372
30,387   26,699 3,688
18,932   20,922 -1,990
21,391   30,943 -9,552
20,591   19,976 615
19,330   17,860 1,470
2,900   2,999 -99
3,973   3,199 774
4,899   3,987 912
45,673   43,809 1,864
50,099   47,200 2,899
21,661   20,083 1,578
11,987   11,949 38
64,648   60,927 3,721
24,479   23,450 1,029
13,190   13,190  
22,990   37,350 -14,360
12,680   18,860 -6,180
31,177   27,035 4,142
3,102   3,417 -315
5,775   4,293 1,482
10,285   9,810 475
38,659   38,659  
45,999   45,015 984
4,810   4,570 240
3,500   3,500  
32,241   31,403 838
51,899   49,854 2,045
21,599   20,083 1,516
12,007   11,083 924
25,822   23,317 2,505
106,076   103,832 2,244
6,328   6,300 28
4,517   4,190 327
2,373   2,043 330
36,067   25,977 10,090
1,682   1,805 -123
5,763   10,015 -4,252
10,015   9,736 279
186,315   184,928 1,387
21,178   19,038 2,140
2,600   2,285 315
1,812   2,074 -262
74,123   64,967 9,156
41,100   40,305 795
8,850   8,445 405
10,400   10,155 245
47,791   46,582 1,209
13,566   13,413 153
25,239   24,611 628
26,716   27,211 -495
15,680   44,736 -29,056
31,172   54,947 -23,775
6,706   3,891 2,815
25,495   66,522 -41,027
24,217   21,635 2,582
12,088   11,486 602
21,738   19,200 2,538
2,645   2,469 176
7,248   7,979 -731
34,661   30,868 3,793
34,406   33,622 784
8,922   8,445 477
25,177   23,335 1,842
33,149   32,758 391
31,632   27,481 4,151
19,904   18,606 1,298
80,110   80,394 -284
459   1,829 -1,370
25,000   25,000  
29,137   24,029 5,108
28,093     28,093
14,706   14,254 452
12,055   11,486 569
22,161   21,700 461
22,986   22,388 598
1,967   2,317 -350
35,011   31,942 3,069
44,325   44,104 221
1,992   1,922 70
27,499   23,335 4,164
17,560   15,743 1,817
50,087   44,083 6,004
19,667   19,433 234
130,700   123,155 7,545
4,321   4,577 -256
42,886   34,632 8,254
2,755   2,049 706
21,688     21,688
135,911   143,382 -7,471
24,948   23,677 1,271
21,717   21,245 472
13,725   12,590 1,135
28,088   26,411 1,677
28,475   25,932 2,543
37,364   36,675 689
1,788   1,716 72
19,741   19,694 47
16,845   15,743 1,102
177,800   187,062 -9,262
20,663   20,279 384
18,754   17,673 1,081
22,780   21,938 842
42,204   78,101 -35,897
16,219   15,876 343
32,024   31,565 459
12,474   12,474  
41,784   43,317 -1,533
13,625   13,005 620
21,400   19,867 1,533
51,427   48,605 2,822
7,944   5,032 2,912
20,248   18,848 1,400
4,837   4,694 143
16,704   16,704  
47,341   46,202 1,139
13,953   13,142 811
60,644   54,786 5,858
79,938   81,307 -1,369
6,043   6,671 -628
30,409   31,672 -1,263
33,575   31,565 2,010
24,028   23,535 493
22,499   22,880 -381
2,383   2,265 118
7,207   6,622 585
10,378   9,571 807
7,885   5,032 2,853
12,847   12,565 282
10,860   10,680 180
16,710   16,416 294
18,679   18,921 -242
10,795   10,786 9
22,796   23,092 -296
1,588   1,643 -55
52,900   51,095 1,805
30,621   30,568 53
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       753
b       1,570
c       -898
d       434
e       203
      1,542
      921
      33
      428
      -87
      -2,210
      606
      1,656
      -210
      -4,237
      -23,012
      -20
      2,389
      1,446
       
      878
      439
       
      182
      3
      262
      2,256
      11,581
      475
      978
      27
      -11,069
      -33,423
      40,123
      1,999
      2,211
       
      -2,082
      495
      230
       
      1,414
      883
      2,040
      43
      753
      402
      7,319
       
      153
       
      757
      1,973
      -4,377
      115
      -295
      1,330
      1,117
      530
      245
      71
      434
      295
      1,005
      -4,727
      -4,330
      -9,891
      -4,575
      -869
      510
      -4,446
      281
      22
      4,638
      982
      41
      2,656
      1,089
      745
      736
      2,871
      -893
      261
      3,281
      1
      1,063
      223
      -2,143
      1,228
      -490
      -1
      1,950
      277
      2,340
      578
      3,497
      447
      778
      148
      -14,490
      57
      244
      84
      20,853
      -891
      991
      -115
      50
      -51
       
      658
      2,520
      2,827
      2,498
      -61
      -3,372
      3,688
      -1,990
      -9,552
      615
      1,470
      -99
      774
      912
      1,864
      2,899
      1,578
      38
      3,721
      1,029
       
      -14,360
      -6,180
      4,142
      -315
      1,482
      475
       
      984
      240
       
      838
      2,045
      1,516
      924
      2,505
      2,244
      28
      327
      330
      10,090
      -123
      -4,252
      279
      1,387
      2,140
      315
      -262
      9,156
      795
      405
      245
      1,209
      153
      628
      -495
      -29,056
      -23,775
      2,815
      -41,027
      2,582
      602
      2,538
      176
      -731
      3,793
      784
      477
      1,842
      391
      4,151
      1,298
      -284
      -1,370
       
      5,108
      28,093
      452
      569
      461
      598
      -350
      3,069
      221
      70
      4,164
      1,817
      6,004
      234
      7,545
      -256
      8,254
      706
      21,688
      -7,471
      1,271
      472
      1,135
      1,677
      2,543
      689
      72
      47
      1,102
      -9,262
      384
      1,081
      842
      -35,897
      343
      459
       
      -1,533
      620
      1,533
      2,822
      2,912
      1,400
      143
       
      1,139
      811
      5,858
      -1,369
      -628
      -1,263
      2,010
      493
      -381
      118
      585
      807
      2,853
      282
      180
      294
      -242
      9
      -296
      -55
      1,805
      53
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 51,245
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 3 127,028
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 1,916
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 1,916
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 1,916
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 4,920
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.............. 7 4,920
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1
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 3,003
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,920 RefundedBullet 11 1,083
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 ofbulletKING MCNAMARA & MORIARTY Telephone no.bullet (781) 769-6300

    Located atbullet473 WASHINGTON STNORWOODMA ZIP+4bullet02062
    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
     
     
    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
    RENEE LINNELL TRUSTEE
    5.00     		18,000 0 0
    459 COLUMBUS AVE 164
    NEW YORK,NY10024
    ELIZABETH ANN CONNER TRUSTEE
    6.00     		18,000 0 0
    240 CAMP ROAD
    SANBORNVILLE,NH03872
    CHARLES R HANSEN JR TRUSTEE
    7.50     		18,000 0 0
    1345 DUTCH NECK ROAD
    WALDOBORO,ME04572
    GARY LINNELL TRUSTEE
    5.50     		13,500 0 0
    765 AURELIA STREET
    BOCA RATON,FL33486
    ELIZABETH CANNING TRUSTEE
    5.00     		4,500 0 0
    15 COLE FARM COURT
    PROVIDENCE,RI02906
    NICHOLAS CONNER TRUSTEE
    5.00     		4,500 0 0
    240 CAMP ROAD
    SANBORNVILLE,NH03872
    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  
    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.............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  
    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
    3,834,924
    b
    Average of monthly cash balances.......................
    1b
    1,097,054
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,931,978
    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
    4,931,978
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    73,980
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,857,998
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    242,900
    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
    242,900
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,916
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,916
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    240,984
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    240,984
    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
    240,984
    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
    326,355
    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
    326,355
    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
    326,355
    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 7 240,984
    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......  
    b From 2016...... 23,314
    c From 2017...... 23,551
    d From 2018...... 8,703
    e From 2019...... 29,522
    fTotal of lines 3a through e........ 85,090
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 326,355
    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..... 240,984
    e Remaining amount distributed out of corpus 85,371
    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 5 170,461
    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) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		170,461
    10 Analysis of line 9:
    a Excess from 2016.... 23,314
    b Excess from 2017.... 23,551
    c Excess from 2018.... 8,703
    d Excess from 2019.... 29,522
    e Excess from 2020.... 85,371
    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).)
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    CRIMINAL JUSTICE POLICY FOUNDATION
    67 MEADOW LANE
    GREENLAND,NH03840     		    EDUCATIONAL 246,000
    Total .................................bullet 3a 246,000
    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 19,294  
    4 Dividends and interest from securities....     14 98,267  
    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 51,245  
    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)..   168,806  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    168,806
    (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 AccountingFeesSchedule
    Name:
    THE LINNELL FOUNDATION
    EIN:
    04-2625173
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KING, MCNAMARA & MORIARTY 7,710     3,855

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE LINNELL FOUNDATION
    EIN:
    04-2625173
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD BROKERAGE - 3936 615,598 613,313
    ROCKLAND TRUST 3,050,518 3,243,377

    TY 2020 OtherExpensesSchedule
    Name:
    THE LINNELL FOUNDATION
    EIN:
    04-2625173
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    ROCKLAND TRUST FEES 26,041 26,041    


    TY 2020 TaxesSchedule
    Name:
    THE LINNELL FOUNDATION
    EIN:
    04-2625173
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 4,944 4,944