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
ISLAND FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)589 MILL STREET PO BOX 1605
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MARION, MA02738
A Employer identification number

04-2670567
B Telephone number (see instructions)

(508) 748-2809
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$7,942,393J 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 1,008 1,008 1,008
4 Dividends and interest from securities... 870,704 870,704 870,704
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -837,697
b Gross sales price for all assets on line 6a 32,119,266
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........ 34,015 871,712 871,712
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 132,906 13,291 0 119,615
14 Other employee salaries and wages...... 169,602 16,960 0 152,642
15 Pension plans, employee benefits....... 143,720 14,372 0 129,348
16a Legal fees (attach schedule)......... Click to see attachment 2,544 1,272 0 1,272
b Accounting fees (attach schedule)....... Click to see attachment 10,860 5,430 0 5,430
c Other professional fees (attach schedule).... Click to see attachment 41,820 40,182 0 1,638
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 104,490 10,449 0 94,041
19 Depreciation (attach schedule) and depletion... Click to see attachment 9,845 0 10,297
20 Occupancy.............. 8,514 851 0 7,663
21 Travel, conferences, and meetings....... 9,200 0 0 9,200
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 35,566 3,559 0 32,007
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 669,067 106,366 10,297 552,856
25 Contributions, gifts, grants paid....... 2,440,000 2,440,000
26 Total expenses and disbursements. Add lines 24 and 25 3,109,067 106,366 10,297 2,992,856
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,075,052
b Net investment income (if negative, enter -0-) 765,346
c Adjusted net income (if negative, enter -0-)... 861,415
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......... 1,250,174 2,024,047 2,024,047
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..........   5,675 5,675
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 56,547,089 Click to see attachment57,758,390 5,758,390
14 Land, buildings, and equipment: basis bullet351,985
Less: accumulated depreciation (attach schedule) bullet218,105 143,725 Click to see attachment133,880 133,880
15 Other assets (describe bullet) Click to see attachment27,926 Click to see attachment20,401 Click to see attachment20,401
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 57,968,914 59,942,393 7,942,393
Liabilities 17 Accounts payable and accrued expenses.......... 26,263 46,862
18 Grants payable................. 105,000 20,000
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 attachment79,100 Click to see attachment149,196
23 Total liabilities (add lines 17 through 22)......... 210,363 216,058
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........... 57,758,551 59,726,335
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 57,758,551 59,726,335
30 Total liabilities and net assets/fund balances (see instructions). 57,968,914 59,942,393
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
57,758,551
2
Enter amount from Part I, line 27a .....................
2
-3,075,052
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5,042,836
4
Add lines 1, 2, and 3 ..........................
4
59,726,335
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
59,726,335
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 CHARLES SCHWAB 6556 P    
b CHARLES SCHWAB 6556 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 3,369,389   2,932,880 436,509
b 28,749,877   30,024,083 -1,274,206
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       436,509
b       -1,274,206
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 -837,697
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 3 436,509
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 10,638
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,638
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,638
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 27,926
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,926
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 17,288
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet17,288 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    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 addressbulletWWW.ISLANDFDN.ORG
    14
    The books are in care ofbulletOLIVER MOORE TREASURER Telephone no.bullet (508) 748-2809

    Located atbullet589 MILL STREET PO BOX 1605MARIONMA ZIP+4bullet02738
    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
    HANNAH MOORE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    DOUGLAS WATSON DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    DENISE PORCHE ASST CLERK/EXEC DIRECTOR
    40.00     		132,906 19,936 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    CHARLES FAYERWEATHER CLERK
    0.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    KATHARINE CLARK VICE PRESIDENT
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    KIM CLARK DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    WILLIAM CLARK DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    DAVID CLARK DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    CHRISTOPHER MOORE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    MICHAEL MOORE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    OLIVER MOORE TREASURER
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    SAMUEL MOORE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    HANNAH NESBEDA PRESIDENT
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    JOANN WATSON DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    HELEN TUPPER DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    STEPHEN CLARK DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    EMILY JACKSON MATTHEWS DIRECTOR
    5.00     		0 0 0
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE FOUNDATION'S PRIORITIES FALL WITHIN FOUR MAJOR CATEGORIES - ENVIRONMENT, NEW BEDFORD, ALTERNATIVE EDUCATION AND WOMEN & GIRLS. IN EXCESS OF 125 CHARITABLE ORGANIZATIONS RECEIVED GRANTS IN 2020. 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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    57,152,739
    b
    Average of monthly cash balances.......................
    1b
    1,994,089
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    59,146,828
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    59,146,828
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    887,202
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    58,259,626
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,912,981
    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
    2,912,981
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    10,638
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,638
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,902,343
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,902,343
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,902,343
    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
    2,992,856
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,992,856
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,992,856
    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 2,902,343
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 405,360
    b From 2016...... 252,691
    c From 2017...... 244,031
    d From 2018...... 261,264
    e From 2019...... 527,764
    fTotal of lines 3a through e........ 1,691,110
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,992,856
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 2,902,343
    e Remaining amount distributed out of corpus 90,513
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,781,623
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		405,360
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,376,263
    10 Analysis of line 9:
    a Excess from 2016.... 252,691
    b Excess from 2017.... 244,031
    c Excess from 2018.... 261,264
    d Excess from 2019.... 527,764
    e Excess from 2020.... 90,513
    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 e-mail address of the person to whom applications should be addressed:
    DENISE PORCHE
    589 MILL STREET PO BOX 1605
    MARION,MA02738
    (508) 748-2809
    bThe form in which applications should be submitted and information and materials they should include:
    APPLYING IS A TWO-STEP PROCESS - A LETTER OF INQUIRY OR PHONE CALL AND SENDING THE FOUNDATION A FULL PROPOSAL. INCLUDE WITH LETTER OF INQUIRY A DESCRIPTION OF THE PROJECT, OR CALL THE FOUNDATION TO DISCUSS THE PROJECT IDEA. INCLUDE WITH THE PROPOSAL A COVER LETTER THAT SPECIFIES THE AMOUNT OF FUNDING SOUGHT, SUMMARY OF THE PROPOSAL IDEA, PRODUCTS AND TIMEFRAME. THREE TO FIVE PAGES WHICH BRIEFLY DESCRIBE THE HISTORY OF THE ORG., PROJECT GOALS, METHODS FOR REACHING GOALS, NEED FOR THE PROJECT, QUALIFICATIONS OF THE ORG. AND STAFF, AND MEASURES OF SUCCESS. ATTACH A PROJECT BUDGET AND PAST AND CURRENT YEAR BUDGETS FOR THE OVERALL ORG., RECENT FINANCIAL STATEMENT OR AUDIT, LIST OF BOARD OF DIRECTORS AND STAFF, IRS DETERMINATION LETTER INDICATING EXEMPT STATUS, ALSO IF USING A FISCAL AGENT PLEASE INCLUDE A LETTER FROM THIS ORG. AND SUPPLEMENTARY MATERIALS SUCH AS ANNUAL REPORTS, NEWLETTERS, MEDIA COVERAGE AND OR BROCHURES.
    cAny submission deadlines:
    DUE MARCH 1ST, JUNE 1ST, SEPTEMBER 1ST, DECEMBER 1ST FOR FUNDS TO BE DISTRIBUTED THE FOLLOWING MONTH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION DOES NOT SUPPORT REQUESTS FROM INDIVIDUALS, RELIGIOUS ORGANIZATIONS OR FOR PROFIT ORGANIZATIONS.
    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
    ACADIA CENTER
    PO BOX 583
    ROCKPORT,ME048560583     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    AFRICAN ALLIANCE OF RHODE ISLAND
    PO BOX 27874
    PROVIDENCE,RI02907     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    AMMONOOSUC CONSERVATION TRUST
    PO BOX 191
    FRANCONIA,NH03580     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 5,000
    AMOS HOUSE
    460 PINE ST
    PROVIDENCE,RI02907     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,000
    ASSOCIATED SCIENTISTS AT WOODS HOLE
    PO BOX 721
    WOODS HOLE,MA02543     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 5,000
    ATLANTA COMMUNITY FOOD BANK INC
    3400 NORTH DESERT DRIVE
    ATLANTA,GA30344     		N/A NON-PROFIT ORGANIZAT PENZANCE 4,000
    BIODIVERSITYWORKS INC
    455 STATE RD PMB 179
    VINEYARD HAVEN,MA02568     		N/A NON-PROFIT ORGANIZAT PENZANCE 8,000
    BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM
    780 ALBANY STREET
    BOSTON,MA02118     		N/A NON-PROFIT ORGANIZAT PENZANCE 3,680
    BOW SEAT OCEAN AWARENESS PROGRAMS
    185 WESTFIELD ST
    WESTWOOD,MA02090     		N/A NON-PROFIT ORGANIZAT EDUCATION 10,000
    BOYS & GIRLS CLUB OF GREATER NEW BEDFORD
    166 JENNEY STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 30,000
    BRISTOL COMMUNITY COLLEGE FOUNDATION INC
    777 ELSBREE STREET
    FALL RIVER,MA02723     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 25,000
    CAPE & ISLANDS SELF-RELIANCE
    PO BOX 396
    NORTH FALMOUTH,MA02556     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    CARBONFUNDORG FOUNDATION INC
    853 MAIN STREET
    EAST AURORA,NY14052     		N/A NON-PROFIT ORGANIZAT PENZANCE 4,000
    CATERPILLAR LAB INC
    369 OLD CHESHAM RD
    MARLBOROUGH,NH034553109     		N/A NON-PROFIT ORGANIZAT PENZANCE 5,000
    CATHOLIC SOCIAL SERVICES OF FALL RIVER INC
    1600 BAY STREET
    FALL RIVER,MA02724     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 30,000
    CENTER FOR EFFECTIVE PHILANTHROPY INC
    675 MASSACHUSETTS AVE
    CAMBRIDGE,MA02139     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 6,000
    CENTER FOR GREAT APES
    PO BOX 488
    WAUCHULA,FL33873     		N/A NON-PROFIT ORGANIZAT PENZANCE 8,000
    CENTRO COMUNITARIO DE TRABAJADORES
    1532 ACUSHNET AVE
    NEW BEDFORD,MA02746     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 25,000
    CIRCUS ARTS CONSERVATORY INC
    2075 BAHIA VISTA STREET
    SARASOTA,FL34239     		N/A NON-PROFIT ORGANIZAT PENZANCE 3,000
    CLEAN OCEAN ACCESS
    21 JOHN CLARKE ROAD
    MIDDLETOWN,RI02842     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    COALITION FOR SOCIAL JUSTICE EDUCATION FUND INC
    105 WILLIAM ST STE 26
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    COMMUNITY ACTION WORKS
    6 BLUEBERRY STREET
    WEYMOUTH,MA02188     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    COMMUNITY ACTION WORKS
    294 WASHINGTON STREET
    BOSTON,MA02108     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    COMMUNITY BOATING CENTER INC
    1641 PADANARAM AVENUE
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT EDUCATION 25,000
    COMMUNITY BOATING CENTER INC
    1641 PADANARAM AVENUE
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT PENZANCE 8,000
    COMMUNITY BOATING CENTER INC
    1641 PADANARAM AVENUE
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT PENZANCE 6,600
    COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SOUTHEASTERN MA
    1285 ACUSHNET AVENUE
    NEW BEDFORD,MA02746     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 30,000
    COMMUNITY FOUNDATION OF THE VIRGIN ISLANDS INC
    6100 RED HOOK QTRS STE E-21
    ST THOMAS,VI008021344     		N/A NON-PROFIT ORGANIZAT EDUCATION 25,000
    COMPACT OF CAPE COD CONSERVATION TRUSTS INC
    PO BOX 443
    BARNSTABLE,MA02630     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 20,000
    CORAZON SANCHEZ ATAYDE MEMORIAL FOUNDATION INC
    603C EMERALD MANSIONS EMERALD AVE
    PASIG CITY,PASIG CITY  
    RP     		N/A NON-PROFIT ORGANIZAT PENZANCE 4,000
    CROSSROADS RHODE ISLAND
    160 BROAD STREET
    PROVIDENCE,RI02903     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,300
    DENNIS CONSERVATION LAND TRUST
    PO BOX 67
    EAST DENNIS,MA02641     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 3,000
    DENNISON MEMORIAL COMMUNITY CENTER
    755 SOUTH FIRST STREET
    NEW BEDFORD,MA02744     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 25,000
    DORCAS INTERNATIONAL INSTITUTE OF RHODE ISLAND
    645 ELMWOOD AVENUE
    PROVIDENCE,RI02907     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    DORCAS INTERNATIONAL INSTITUTE OF RHODE ISLAND
    220 ELMWOOD AVENUE
    PROVIDENCE,RI029071435     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,250
    DREAM OUT LOUD CENTER INC
    1 JOHNNY CAKE HILL 2ND FLOOR
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 15,000
    EASTERN MASSACHUSETTS ABORTION FUND
    955 MASSACHUSETTS AVE 427
    CAMBRIDGE,MA02139     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,000
    EATING WITH THE ECOSYSTEM
    PO BOX 295
    WAKEFIELD,RI02880     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 8,000
    ECORI NEWS
    10 DAVOL SQ
    PROVIDENCE,RI02903     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    ENTREPRENEURSHIP FOR ALL INC
    1213 PURCHASE STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 15,000
    ENVIRONMENTAL GRANTMAKERS ASSOCIATION
    475 RIVERSIDE DRIVE
    NEW YORK,NY10115     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 22,000
    FOSTER PARROTS
    PO BOX 650
    ROCKLAND,MA02370     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,600
    FRACTURED ATLAS
    66 GROSVENOR AVE
    PROVIDENCE,RI02908     		N/A NON-PROFIT ORGANIZAT EDUCATION 8,000
    FRANKLIN COUNTY COMMUNITY DEVELOPMENT CORPORATION (FCCDC)
    324 WELLS STREET
    GREENFIELD,MA01301     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    FREED SEED FEDERATION INC
    PO BOX 3090
    WESTPORT,MA02790     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    FRIENDS OF FROST FREE LIBRARY
    PO BOX 457
    MARLBOROUGH,NH03455     		N/A NON-PROFIT ORGANIZAT PENZANCE 3,000
    GALLERY X
    169 WILLIAM STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 10,000
    GLOBAL GREENGRANTS FUND
    2840 WILDERNESS PLACE SUITE A
    BOULDER,CO80301     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 15,000
    GLOBAL IMPACT
    1035 CAMBRIDGE STREET
    CAMBRIDGE,MA02141     		N/A NON-PROFIT ORGANIZAT EDUCATION 15,000
    GLOBAL IMPACT
    1199 N FAIRFAX STREET
    ALEXANDRIA,VA22314     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 8,000
    GOOD NEIGHBORS INC
    55 TURNER AVENUE
    EAST PROVIDENCE,RI02915     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,000
    GROUNDWORK LAWRENCE
    1285 ACUSHNET AVE
    NEW BEDFORD,MA02746     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 20,000
    GULF OF MAINE RESEARCH INSTITUTE
    350 COMMERCIAL STREET
    PORTLAND,ME04101     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    HEALTH IMPERATIVES INC
    942 WEST CHESTNUT STREET
    BROCKTON,MA02301     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 15,000
    HUMANE SOCIETY & SHELTER SOUTHCOAST
    31 VENTURA DR
    NORTH DARTMOUTH,MA02747     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,000
    IMMIGRANTS' ASSISTANCE CENTER INC
    58 CRAPO STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 25,000
    INSTITUTO DE CONSERVACION DE BALLENAS (ICB) ARGENTINA
    OHIGGINS 4380 CP 1429 CABA
    BUENOS AIRES,BUENOS AIRESCP 1429 CABA
    AR     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    JONES RIVER WATERSHED ASSOCIATION
    55 LANDING RD
    KINGSTON,MA02364     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    JUNIOR ACHIEVEMENT OF SOUTHERN MASSACHUSETTS
    128 UNION STREET SUITE 304
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT EDUCATION 10,000
    LEAGUE OF WOMEN VOTERS OF RHODE ISLAND EDUCATION FUND
    1 RICHMOND SQUARE SUITE 220 A-W
    PROVIDENCE,RI02906     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,300
    LEHIGH VALLEY HEALTH NETWORK
    2100 MACK BLVD PO BOX 1883
    ALLENTOWN,PA18103     		N/A NON-PROFIT ORGANIZAT PENZANCE 20,000
    MA COALITION TO PREVENT GUN VIOLENCE
    PO BOX 960504
    BOSTON,MA02109     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 15,000
    MAINE CENTER FOR COASTAL FISHERIES
    PO BOX 27
    STONINGTON,ME04681     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 20,000
    MARION INSTITUTE
    202 SPRING ST
    MARION,MA02738     		N/A NON-PROFIT ORGANIZAT EDUCATION 10,000
    MARION LIBRARY ASSOCIATION
    8 SPRING STREET
    MARION,MA02738     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,000
    MARION NATURAL HISTORY SOCIETY INC
    8 SPRING ST
    MARION,MA02738     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,000
    MASS PPD FUND
    PO BOX 320526
    WEST ROXBURY,MA02132     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 10,000
    MASSACHUSETTS AUDUBON SOCIETY
    208 SOUTH GREAT ROAD
    LINCOLN,MA01773     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 20,000
    MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH
    111 WEST 33RD STREET
    NEW YORK,NY10120     		N/A NON-PROFIT ORGANIZAT SPECIAL PROJECTS 25,000
    MORRIS ANIMAL FOUNDATION
    720 S COLORADO BLVD
    DENVER,CO80246     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,300
    NATIONAL AUDUBON SOCIETY
    11 AUDUBON ROAD
    BREMEN,ME04551     		N/A NON-PROFIT ORGANIZAT PENZANCE 4,000
    NATIONAL AUDUBON SOCIETY
    11 AUDUBON ROAD
    BREMEN,ME04551     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    NATIONAL LAWYERS GUILD FOUNDATION INC
    132 NASSAU ST STE 922
    NEW YORK,NY10038     		N/A NON-PROFIT ORGANIZAT PENZANCE 8,000
    NATIVE LAND CONSERVANCY
    PO BOX 974
    MASHPEE,MA02649     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    NATIVITY PREPARATORY SCHOOL NEW BEDFORD
    66 SPRING STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT EDUCATION 25,000
    NATURAL RESOURCES COUNCIL OF MAINE
    3 WADE STREET
    AUGUSTA,ME04330     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    NEW BEDFORD HISTORICAL SOCIETY
    21 SEVENTH STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 15,000
    NEW BEDFORD MUSEUM & ART CENTER INC DBA NEW BEDFORD ART MUSEUMARTWORKS
    608 PLEASANT STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    NEW BEDFORD STAR KIDS SCHOLARSHIP PROGRAM
    POBOX 50494
    NEW BEDFORD,MA02745     		N/A NON-PROFIT ORGANIZAT EDUCATION 22,000
    NEW BEDFORD SYMPHONY ORCHESTRA
    128 UNION STREET SUITE 204
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 10,000
    NEW BEDFORD WHALING MUSEUM
    18 JOHNNY CAKE HILL
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT PENZANCE 8,000
    NEW BEDFORD WHALING MUSEUM
    18 JOHNNY CAKE HILL
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    NEW BEDFORD WHALING MUSEUM
    18 JOHNNY CAKE HILL
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 5,000
    NEW ENGLAND AQUARIUM
    1 CENTRAL WHARF
    BOSTON,MA02110     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 50,000
    NEW ENGLAND AQUARIUM
    1 CENTRAL WHARF
    BOSTON,MA02110     		N/A NON-PROFIT ORGANIZAT PENZANCE 4,000
    NEW ENGLAND AQUARIUM
    1 CENTRAL WHARF
    BOSTON,MA02110     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    NEW ENGLAND GRASSROOTS ENVIRONMENT FUND
    PO BOX 611
    NEWMARKET,NH03857     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 30,000
    NEW LEARNING JOURNEY
    700 BRAGG HILL ROAD
    FAYSTON,VT05673     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    NORTH & SOUTH RIVER WATERSHED ASSOCIATION
    PO BOX 43
    NORWELL,MA02061     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 5,000
    NORTHSTAR LEARNING CENTERS
    53 LINDEN STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 30,000
    NORTHSTAR LEARNING CENTERS
    53 LINDEN STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 10,000
    NORTHWEST ATLANTIC MARINE ALLIANCE
    222 MAIN STREET
    GLOUCESTER,MA01930     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    ONE SQUARE WORLD
    71 PETER PARLEY RD
    BOSTON,MA02130     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 7,000
    ONE TREE PLANTED INC
    145 PINE HAVEN SHORES RD
    SHELBURN,VT05482     		N/A NON-PROFIT ORGANIZAT PENZANCE 4,000
    OSSINING FIRE DEPARTMENT
    21 STATE STREET
    OSSINGER,NY10562     		N/A NON-PROFIT ORGANIZAT PENZANCE 8,000
    OUR SISTERS' SCHOOL INC
    145 BROWNELL AVENUE
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT EDUCATION 25,000
    PARTNERS IN HEALTH
    800 BOYLSTON STREET SUITE 300
    BOSTON,MA021998190     		N/A NON-PROFIT ORGANIZAT PENZANCE 3,680
    PAUL CUFFEE SCHOOL
    459 PROMENADE STREET
    PROVIDENCE,RI02908     		N/A NON-PROFIT ORGANIZAT EDUCATION 12,000
    PENIKESE ISLAND SCHOOL INC
    PO BOX 161
    WOODS HOLE,MA02543     		N/A NON-PROFIT ORGANIZAT EDUCATION 10,000
    PEOPLE ACTING IN COMMUNITY ENDEAVORS (PACE) INC
    166 WILLIAM STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 25,000
    PEOPLE ACTING IN COMMUNITY ENDEAVORS (PACE) INC
    166 WILLIAM STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND
    345 WHITNEY AVE
    NEW HAVEN,CT06511     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,300
    POCASSET POKENOKET LANDTRUST INDIGENOUS PEOPLES NETWORK
    44 BEDSON RD
    CRANSTON,RI02910     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    PROJECT SOUTH THE INSTITUTE FOR THE ELIMINATION POVERTY & GENOCIDE
    10 DAVOL SQUARE
    PROVIDENCE,RI02903     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 20,000
    QUEBEC-LABRADOR FOUNDATION INC
    55 SOUTH MAIN STREET
    IPSWICH,MA01938     		N/A NON-PROFIT ORGANIZAT SPECIAL PROJECTS 25,000
    RED TOMATO
    50 SIMS AVENUE
    PROVIDENCE,RI02909     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    ONE SHIELDS AVENUE
    DAVIS,CA95616     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 18,000
    RESTORE AMERICAS ESTUARIES
    2300 CLARENDON BLVD
    ARLINGTON,VA22201     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 5,000
    RHODE ISLAND COMMUNITY FOOD BANK
    200 NIANTIC AVENUE
    PROVIDENCE,RI02907     		N/A NON-PROFIT ORGANIZAT PENZANCE 5,100
    RI SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
    186 AMARAL STREET
    RIVERSIDE,RI02915     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,600
    RUFF RESIDENTS UNITED FOR FURRY FRIENDS
    PO BOX 568
    WARREN,RI02885     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,600
    SAFE VOICES
    PO BOX 713
    AUBURN,ME04212     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 15,000
    SAVE THE BAY INC
    100 SAVE THE BAY DRIVE
    PROVIDENCE,RI02905     		N/A NON-PROFIT ORGANIZAT PENZANCE 5,000
    SAVE THE BAY INC
    100 SAVE THE BAY DRIVE
    PROVIDENCE,RI02905     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 30,000
    SCHOOL ON WHEELS OF MASSACHUSETTS
    100 LAUREL STREET SUITE 121
    EAST BRIDGEWATER MA,MA02333     		N/A NON-PROFIT ORGANIZAT EDUCATION 15,000
    SIPPICAN HISTORICAL SOCIETY
    PO BOX 541
    MARION,MA02738     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,000
    SOCIAL ENTERPRISE GREENHOUSE
    10 DAVOL SQUARE
    PROVIDENCE,RI02909     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 15,000
    SOCIAL INNOVATION FORUM INC
    2 OLIVER STREET STE 802
    BOSTON,MA02109     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 25,000
    SOUTH COAST LGBTQ NETWORK INC
    PO BOX 8473
    NEW BEDFORD,MA02742     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 15,000
    SOUTH COASTAL COUNTIES LEGAL SERVICES INC
    22 BEDFORD STREET
    FALL RIVER,MA027222507     		N/A NON-PROFIT ORGANIZAT EDUCATION 21,000
    SOUTHCOAST COMMUNITY FOUNDATION
    41 BEDFORD STREET PO BOX 7559
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 10,000
    SOUTHCOAST COMMUNITY FOUNDATION
    128 UNION STREET SUITE 403
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 30,000
    SOUTHCOAST COMMUNITY FOUNDATION
    30 CORNELL STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 15,000
    SOUTHCOAST COMMUNITY FOUNDATION
    128 UNION STREET SUITE 403
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 45,000
    SOUTHCOAST COMMUNITY FOUNDATION
    135 UNION STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 25,000
    SOUTHCOAST COMMUNITY FOUNDATION
    128 UNION STREET SUITE 403
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 25,000
    SOUTHCOAST HOSPITALS GROUP INC
    101 PAGE ST
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 20,000
    SOUTHEASTERN MASSACHUSETTS AGRICULTURAL PARTNERSHIP (SEMAP)
    PO BOX 80625
    DARTMOUTH,MA02748     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    SOUTHERN POVERTY LAW CENTER INC
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		N/A NON-PROFIT ORGANIZAT PENZANCE 4,000
    SOUTHSIDE COMMUNITY LAND TRUST
    109 SOMERSET ST
    PROVIDENCE,RI02907     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 20,000
    STELLER LUDWIG FOUNDATION
    8920 FRANKLIN AVE
    GIG HARBOR,WA983321012     		N/A NON-PROFIT ORGANIZAT PENZANCE 5,000
    STRATEGIES FOR YOUTH
    PO BOX 390174
    CAMBRIDGE,MA02139     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 5,000
    STRIVETOGETHER INC
    125 EAST 9TH ST 2ND FL
    CINCINNATI,OH45202     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,250
    SURVIVAL INTERNATIONAL USA
    PO BOX 26345
    SAN FRANCISCO,CA94126     		N/A NON-PROFIT ORGANIZAT PENZANCE 3,000
    SUSTAINABLE AGRICULTURE AND FOOD SYSTEMS FUNDERS
    601 E ARRELLAGA STREET STE 101
    SANTA BARBARA,CA93103     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 7,000
    THE ECOLOGY SCHOOL
    184 SIMPSON RD
    SACO,ME04072     		N/A NON-PROFIT ORGANIZAT EDUCATION 15,000
    THE FAMILY PANTRY-DAMIEN'S PLACE
    PO BOX 111
    FAIRHAVEN,MA02719     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,000
    THE FAMILY PANTRY-DAMIEN'S PLACE
    PO BOX 111
    FAIRHAVEN,MA02719     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 15,000
    THE GREATER BOSTON FOOD BANK
    70 SOUTH BAY AVENUE
    BOSTON,MA02118     		N/A NON-PROFIT ORGANIZAT PENZANCE 640
    THE GREENE SCHOOL
    94 JOHN POTTER ROAD
    WEST GREENWICH,RI02817     		N/A NON-PROFIT ORGANIZAT EDUCATION 10,000
    THE LANDING SCHOOL OF BOATBUILDING AND DESIGN
    286 RIVER ROAD
    ARUNDEL,ME04046     		N/A NON-PROFIT ORGANIZAT PENZANCE 16,000
    THE LANDING SCHOOL OF BOATBUILDING AND DESIGN
    286 RIVER ROAD
    ARUNDEL,ME04046     		N/A NON-PROFIT ORGANIZAT EDUCATION 40,000
    THE PROVIDENCE ANIMAL RESCUE LEAGUE
    34 ELBOW STREET
    PROVIDENCE,RI02903     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,600
    THE ROBERT POTTER LEAGUE FOR ANIMALS
    87 OLIPHANT LANE
    MIDDLETOWN,RI02842     		N/A NON-PROFIT ORGANIZAT PENZANCE 1,600
    THIRD SECTOR NEW ENGLAND
    2 BELMONT TERRACE
    SOMERVILLE,MA02143     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 20,000
    THIRD SECTOR NEW ENGLAND
    89 SOUTH STREET 7TH FLOOR
    BOSTON,MA02111     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 6,000
    THOMPSON ISLAND OUTWARD BOUND EDUCATION CENTER
    PO BOX 127
    BOSTON,MA02127     		N/A NON-PROFIT ORGANIZAT EDUCATION 15,000
    TRI-COUNTY MUSIC ASSOCIATION
    PO BOX 414
    ROCHESTER,MA02770     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,000
    TRI-COUNTY MUSIC ASSOCIATION
    PO BOX 414
    ROCHESTER,MA02770     		N/A NON-PROFIT ORGANIZAT PENZANCE 4,000
    TUFTS MEDICAL CENTER TRUST
    800 WASHINGTON STREET
    BOSTON,MA02111     		N/A NON-PROFIT ORGANIZAT SPECIAL PROJECTS 25,000
    UNITED INTERFAITH ACTION OF SOUTHEASTERN MASSACHUSETTS
    228 N MAIN ST
    FALL RIVER,MA02720     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    UNITED WAY OF GREATER NEW BEDFORD
    128 UNION STREET SUITE 105
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    UNITED WAY OF GREATER NEW BEDFORD
    128 UNION STREET SUITE 105
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 10,000
    UNITED WAY OF GREATER NEW BEDFORD
    128 UNION STREET SUITE 105
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 25,000
    UNITED WAY OF MASSACHUSETTS BAY AND MERRIMACK VALLEY
    51 SLEEPER STREET
    BOSTON,MA02210     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 10,000
    UNIVERSITY OF MASSACHUSETTS DARTMOUTH
    285 OLD WESTPORT ROAD
    DARTMOUTH,MA02747     		N/A NON-PROFIT ORGANIZAT EDUCATION 10,000
    UNIVERSITY OF MASSACHUSETTS DARTMOUTH
    285 OLD WESTPORT ROAD
    DARTMOUTH,MA02747     		N/A NON-PROFIT ORGANIZAT EDUCATION 5,000
    UPSTREAM
    PO BOX 1352
    DAMARISCOTTA,ME04543     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 25,000
    WATERFRONT HISTORIC AREA LEAGUE (WHALE)
    15 JOHNNY CAKE HILL
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 10,000
    WAYPOINT ADVENTURE
    453 CONCORD AVENUE
    LEXINGTON,MA02421     		N/A NON-PROFIT ORGANIZAT EDUCATION 10,000
    WILDLANDS TRUST
    675 LONG POND ROAD
    PLYMOUTH,MA02360     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 18,000
    WILSON MUSEUM
    120 PERKINS ST
    CASTINE,ME04421     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 5,000
    WOMEN'S FUND OF RHODE ISLAND
    133 DELAINE STREET
    PROVIDENCE,RI02909     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 20,000
    YMCA SOUTHCOAST INC
    128 UNION STREET SUITE 304
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,000
    YMCA SOUTHCOAST INC
    128 UNION STREET SUITE 304
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    YMCA SOUTHCOAST INC
    128 UNION STREET SUITE 304
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,000
    YOUTH OPPORTUNITIES UNLIMITED INC
    224 BROCK AVENUE
    NEW BEDFORD,MA02744     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    YWCA OF SOUTHEASTERN MASSACHUSETTS
    20 SOUTH SIXTH STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 20,000
    YWCA OF SOUTHEASTERN MASSACHUSETTS
    20 SOUTH SIXTH STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 20,000
    YWCA OF SOUTHEASTERN MASSACHUSETTS
    20 SOUTH SIXTH STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT WOMXN AND GIRLS 25,000
    YWCA OF SOUTHEASTERN MASSACHUSETTS
    20 SOUTH SIXTH STREET
    NEW BEDFORD,MA02740     		N/A NON-PROFIT ORGANIZAT NEW BEDFORD 1,000
    ZEPHYR EDUCATION FOUNDATION INC
    54 WIDGEON RD
    FALMOUTH,MA02540     		N/A NON-PROFIT ORGANIZAT EDUCATION 5,000
    IRISH WHALE AND DOLPHIN GROUP
    MERCHANTS QUAY DRIMNA KILRUSH
    COUNTY CLARE   V15 E762
    EI     		N/A NON-PROFIT ORGANIZAT ENVIRONMENT 13,000
    MY BROTHER'S WORKSHOP
    PO BOX 503205
    ST THOMAS,VI00805     		N/A NON-PROFIT ORGANIZAT SPECIAL PROJECTS 100,000
    MY BROTHER'S WORKSHOP
    PO BOX 503205
    ST THOMAS,VI00805     		N/A NON-PROFIT ORGANIZAT PENZANCE 2,600
    Total .................................bullet 3a 2,440,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 1,008  
    4 Dividends and interest from securities....     14 870,704  
    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 ............     		    14 -837,697  
    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).. 0 34,015 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    34,015
    (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:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 10,860 5,430 0 5,430

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 1989-01-30 150,150 116,374 SL 40.000000000000 3,754 0 3,754  
    DONATED FURNITURE 1989-07-06 17,166 17,166 SL 7.000000000000 0 0 0  
    OFFICE CHAIR 1989-11-17 280 280 SL 7.000000000000 0 0 0  
    LIBRARY SHELVES 1992-07-23 1,800 1,800 SL 7.000000000000 0 0 0  
    13 CHAIRS AND 1 DESK 2006-12-01 1,936 1,936 SL 7.000000000000 0 0 0  
    DESK & DRAWERS 2008-09-24 620 620 SL 7.000000000000 0 0 0  
    4 FILING CABINETS 2008-07-21 796 796 SL 7.000000000000 0 0 0  
    FILING CABINETS 1990-02-12 356 356 SL 7.000000000000 0 0 0  
    IKON COPIER 2010-02-15 5,408 5,408 SL 7.000000000000 0 0 0  
    COMPUTER 2003-07-31 3,288 3,288 SL 5.000000000000 0 0 0  
    COMPUTER 2004-01-01 384 384 SL 5.000000000000 0 0 0  
    DELL COMPUTER 2005-09-30 1,468 1,468 SL 5.000000000000 0 0 0  
    DIGITAL PROJECTOR 2005-11-30 1,310 1,310 SL 5.000000000000 0 0 0  
    PHOTOCOPIER 2006-12-29 2,552 2,552 SL 5.000000000000 0 0 0  
    MACBOOK 2008-03-26 1,649 1,649 SL 5.000000000000 0 0 0  
    APPLE MINI HP MONITOR AND PRINTER 2009-07-13 1,129 1,129 SL 5.000000000000 0 0 0  
    MAC LAPTOP HARDWARE AND SOFTWARE 2009-08-28 2,344 2,344 SL 5.000000000000 0 0 0  
    LAND 1989-01-30 44,850   L   0 0 0  
    BUILDING IMPROVEMENTS 2010-03-25 9,139 2,282 SL 39.000000000000 234 0 234  
    STONE WALL 2001-10-31 15,879 7,394 SL 39.000000000000 407 0 407  
    WINDOWS 2001-11-30 12,659 5,877 SL 39.000000000000 325 0 325  
    HANDICAP RAMP AND BATHROOM 2002-03-22 10,627 4,828 SL 39.000000000000 272 0 272  
    DRIVEWAY PAVING (7,286 SQ FT) 2006-05-01 16,495 15,033 SL 15.000000000000 1,100 0 1,100  
    WINDOWS 2013-08-27 7,800 1,275 SL 39.000000000000 200 0 200  
    KITCHEN 2014-06-23 22,338 3,175 SL 39.000000000000 573 0 573  
    EQUIPMENT (LIFESIZE) 2016-06-10 7,911 6,544 200DB 5.000000000000 547 0 1,367  
    COMPUTER EQUIPMENT 2018-12-31 4,153 1,786 200DB 5.000000000000 947 0 831  
    COMPUTER EQUIPMENT 2019-05-03 2,860 763 200DB 5.000000000000 839 0 572  
    DESK & CHAIRS 2019-05-08 4,637 442 SL 7.000000000000 662 0 662  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
      FMV 57,758,390 5,758,390

    TY 2020 LandEtcSchedule2
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 150,150 120,128 30,022  
    DONATED FURNITURE 17,166 17,166 0  
    OFFICE CHAIR 280 280 0  
    LIBRARY SHELVES 1,800 1,800 0  
    13 CHAIRS AND 1 DESK 1,936 1,936 0  
    DESK & DRAWERS 620 620 0  
    4 FILING CABINETS 796 796 0  
    FILING CABINETS 356 356 0  
    IKON COPIER 5,408 5,408 0  
    COMPUTER 3,288 3,288 0  
    COMPUTER 384 384 0  
    DELL COMPUTER 1,468 1,468 0  
    DIGITAL PROJECTOR 1,310 1,310 0  
    PHOTOCOPIER 2,552 2,552 0  
    MACBOOK 1,649 1,649 0  
    APPLE MINI HP MONITOR AND PRINTER 1,129 1,129 0  
    MAC LAPTOP HARDWARE AND SOFTWARE 2,344 2,344 0  
    LAND 44,850 0 44,850  
    BUILDING IMPROVEMENTS 9,139 2,516 6,623  
    STONE WALL 15,879 7,801 8,078  
    WINDOWS 12,659 6,202 6,457  
    HANDICAP RAMP AND BATHROOM 10,627 5,100 5,527  
    DRIVEWAY PAVING (7,286 SQ FT) 16,495 16,133 362  
    WINDOWS 7,800 1,475 6,325  
    KITCHEN 22,338 3,748 18,590  
    EQUIPMENT (LIFESIZE) 7,911 7,091 820  
    COMPUTER EQUIPMENT 4,153 2,733 1,420  
    COMPUTER EQUIPMENT 2,860 1,602 1,258  
    DESK & CHAIRS 4,637 1,104 3,533  


    TY 2020 LegalFeesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 2,544 1,272 0 1,272


    TY 2020 OtherAssetsSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID FEDERAL INCOME TAXES 27,926 17,288 17,288
    ACCRUED INTEREST RECEIVABLE   3,113 3,113


    TY 2020 OtherExpensesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 13,965 1,397 0 12,568
    INSURANCE 1,867 187 0 1,680
    OFFICE EXPENSES 11,436 1,145 0 10,291
    REPAIRS & MAINTENANCE 8,298 830 0 7,468


    TY 2020 OtherIncreasesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Description Amount
    UNREALIZED GAIN (LOSS) 5,042,836


    TY 2020 OtherLiabilitiesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 79,100 149,196


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FINANCIAL CONSULTING 40,000 40,000 0 0
    PAYROLL SERVICE FEE 1,820 182 0 1,638


    TY 2020 TaxesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN:
    04-2670567
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 23,256 2,326 0 20,930
    INVESTMENT EXCISE & DEFERRED TAXES 80,734 8,073 0 72,661
    FORM PC MA TAX 500 50 0 450