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
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
WASHINGTON TRUST CO CHARITABLE FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)23 BROAD STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WESTERLY, RI02891
A Employer identification number

05-0477294
B Telephone number (see instructions)

(401) 348-1234
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,938,841
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 43,857 43,857  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 122,864
b Gross sales price for all assets on line 6a 534,743
7 Capital gain net income (from Part IV, line 2)... 122,864
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 603    
12 Total. Add lines 1 through 11........ 167,324 166,721  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 2,705 577   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,705 577 0 0
25 Contributions, gifts, grants paid....... 415,050 415,050
26 Total expenses and disbursements. Add lines 24 and 25 417,755 577 0 415,050
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -250,431
b Net investment income (if negative, enter -0-) 166,144
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 44,637 129,989 129,989
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,115,875 Click to see attachment964,069 1,359,361
c Investments—corporate bonds (attach schedule)....... 634,069 Click to see attachment454,451 449,491
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,794,581 1,548,509 1,938,841
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 SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 1,794,581 1,548,509
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 1,794,581 1,548,509
31 Total liabilities and net assets/fund balances (see instructions). 1,794,581 1,548,509
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 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,794,581
2
Enter amount from Part I, line 27a .....................
2
-250,431
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,483
4
Add lines 1, 2, and 3 ..........................
4
1,550,633
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,124
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,548,509
Form 990-PF (2018)
Form 990-PF (2018)
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 25000. ABBOTT LABORATORIES 4.125% 27 MAY 2020     2018-10-29
b 25000. ABBOTT LABORATORIES 4.125% 27 MAY 2020     2018-10-29
c 25000. ABBOTT LABORATORIES 4.125% 27 MAY 2020   2010-05-25 2018-10-29
d 100. AECOM   2011-01-03 2018-02-26
e 3. AMAZON.COM INC   2014-09-17 2018-02-26
2. AMAZON.COM INC   2014-09-17 2018-05-21
25. AMERICAN INTERNATIONAL GROUP   2013-07-01 2018-02-26
50. AMERICAN INTERNATIONAL GROUP   2013-07-01 2018-11-21
60. APPLE COMPUTER   2011-01-03 2018-01-10
150. BANK OF AMER CORP COM   2015-07-30 2018-01-10
50000. BOEING CAPITAL CORP 2.9% 15 AUG 2018   2013-06-24 2018-08-15
5. BOEING CO   2014-12-22 2018-05-21
25. CERNER CORP   2011-12-05 2018-02-26
350. COGNIZANT TECH SOLUTIONS-A     2018-01-10
25. FACEBOOK INC-CLASS A   2014-10-23 2018-03-23
25000. HOME DEPOT INC 2.25% 10 SEP 2018   2013-09-19 2018-09-10
25. ISHARES MSCI EAFE ETF   2012-05-23 2018-05-21
50. ISHARES RUSSELL 2000 ETF   2014-11-18 2018-02-26
25. ISHARES RUSSELL 2000 ETF   2014-11-18 2018-05-21
25. ISHARES CORE MSCI EMERGING   2015-08-25 2018-05-21
100. J P MORGAN CHASE & CO COM   2010-10-11 2018-01-10
25. J P MORGAN CHASE & CO COM     2018-02-26
10. J P MORGAN CHASE & CO COM   2011-12-05 2018-05-21
5. KRAFT HEINZ CO/THE   2015-09-10 2018-02-26
150. KRAFT HEINZ CO/THE   2015-09-10 2018-11-06
15. LAUDER ESTEE COS INC CL A   2013-07-01 2018-05-21
25000. ORACLE CORP 5.75% 15 APR 2018   2008-04-23 2018-01-10
25000. ORACLE CORP 2.375% 15 JAN 2019   2013-07-10 2018-01-10
125. PAYPAL HOLDINGS INC   2016-02-09 2018-01-10
1825.565 PIMCO INCOME FUND-INS     2018-01-10
276.044 PIMCO INCOME FUND-INS   2015-02-05 2018-05-21
25000. PITNEY BOWES INC 5.6% 03/15/2018   2008-03-06 2018-01-10
25000. STATE STREET BANK & TRST 5.25% 15 OCT 2018   2014-05-07 2018-10-15
100. STATE STREET BOSTON CORP COM   2011-03-23 2018-01-10
15. STATE STREET BOSTON CORP COM   2011-03-23 2018-02-26
460. STATE STREET BOSTON CORP COM     2018-11-06
50. THERMO ELECTRON CORP   2011-12-05 2018-01-10
10. THERMO ELECTRON CORP   2011-12-05 2018-02-26
478.073 THIRD AVE REAL EST VAL-INST   2012-08-17 2018-01-10
148.248 THIRD AVE REAL EST VAL-INST   2012-08-17 2018-01-12
78.244 THIRD AVE REAL EST VAL-INST   2012-08-17 2018-02-26
783.341 THIRD AVE REAL EST VAL-INST   2012-08-17 2018-11-21
250. US BANCORP DEL NEW COM NEW   2017-03-01 2018-11-21
100. VISA INC-CLASS A SHARES   2011-01-03 2018-01-10
15. VISA INC-CLASS A SHARES   2011-01-03 2018-02-26
10. VISA INC-CLASS A SHARES   2011-01-03 2018-05-21
1819.839 VIRTUS VNTBL EM MKTS OPP-I     2018-01-10
391.741 VIRTUS VNTBL EM MKTS OPP-I   2012-01-04 2018-01-12
10. WATSCO INC     2018-02-26
100. DELPHI TECHNOLOGIES PLC   2014-08-25 2018-01-10
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 25,454   25,454  
b        
c 25,453   25,031 422
d 3,608   2,844 764
e 4,560   973 3,587
3,158   649 2,509
1,473   1,130 343
2,152   2,260 -108
10,382   2,828 7,554
4,595   2,724 1,871
50,000   50,231 -231
1,813   642 1,171
1,605   779 826
25,737   5,451 20,286
4,047   1,983 2,064
25,000   25,001 -1
1,790   1,206 584
7,704   5,824 1,880
4,067   2,912 1,155
1,397   996 401
11,055   3,988 7,067
2,941   916 2,025
1,121   339 782
346   361 -15
7,970   10,821 -2,851
2,210   1,005 1,205
25,219   25,194 25
25,024   25,039 -15
9,831   4,115 5,716
22,637   23,224 -587
3,307   3,401 -94
25,013   24,938 75
25,000   25,000  
10,462   4,393 6,069
1,583   659 924
33,171   19,193 13,978
10,255   2,367 7,888
2,125   473 1,652
16,541   11,990 4,551
5,175   3,718 1,457
2,663   1,962 701
23,054   19,646 3,408
13,448   14,155 -707
11,818   1,766 10,052
1,855   265 1,590
1,303   177 1,126
22,457   16,150 6,307
4,858   3,447 1,411
1,678   765 913
5,849   3,494 2,355
      779
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        
b        
c       422
d       764
e       3,587
      2,509
      343
      -108
      7,554
      1,871
      -231
      1,171
      826
      20,286
      2,064
      -1
      584
      1,880
      1,155
      401
      7,067
      2,025
      782
      -15
      -2,851
      1,205
      25
      -15
      5,716
      -587
      -94
      75
       
      6,069
      924
      13,978
      7,888
      1,652
      4,551
      1,457
      701
      3,408
      -707
      10,052
      1,590
      1,126
      6,307
      1,411
      913
      2,355
       
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 2 122,864
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 564,191 2,366,144 0.238443
2016 431,482 2,549,719 0.169227
2015 375,367 3,009,310 0.124735
2014 378,000 2,884,021 0.131067
2013 388,833 2,564,608 0.151615
2
Total of line 1, column (d) .....................
2
0.815087
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.163017
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
2,134,031
5
Multiply line 4 by line 3......................
5
347,883
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,661
7
Add lines 5 and 6........................
7
349,544
8
Enter qualifying distributions from Part XII, line 4,.............
8
415,050
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 1,661
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,661
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,661
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,128
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,128
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 467
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet467 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletRI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? 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 (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNA
    14
    The books are in care ofbulletThe Washington Trust Company Telephone no.bullet (401) 348-1234

    Located atbullet23 BROAD STREETWESTERLYRI ZIP+4bullet02891
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    The Washington Trust Company Trustee
    2
    0    
    23 Broad Street
    Westerly,RI02891
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    2,112,820
    b
    Average of monthly cash balances.......................
    1b
    53,709
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,166,529
    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
    2,166,529
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    32,498
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,134,031
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    106,702
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    106,702
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,661
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,661
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    105,041
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    6,000
    5
    Add lines 3 and 4............................
    5
    111,041
    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
    111,041
    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
    415,050
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    415,050
    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
    1,661
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    413,389
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2017
    (c)
    2017
    (d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 111,041
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 261,798
    b From 2014...... 236,570
    c From 2015...... 226,785
    d From 2016...... 305,076
    e From 2017...... 420,134
    fTotal of lines 3a through e........ 1,450,363
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 415,050
    a Applied to 2017, 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 2018 distributable amount..... 111,041
    e Remaining amount distributed out of corpus 304,009
    5 Excess distributions carryover applied to 2018. 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 1,754,372
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    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 2013 not
    applied on line 5 or line 7 (see instructions) ...
    261,798
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    1,492,574
    10 Analysis of line 9:
    a Excess from 2014.... 236,570
    b Excess from 2015.... 226,785
    c Excess from 2016.... 305,076
    d Excess from 2017.... 420,134
    e Excess from 2018.... 304,009
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    THE WASHINGTON TRUST COMPANY
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Dennis L Algiere
    23 Broad Street
    Westerly,RI02891
    (401) 348-1207
    bThe form in which applications should be submitted and information and materials they should include:
    Letter outlining request
    cAny submission deadlines:
    October 1st of each year
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    CRANSTON PUBLIC LIBRARY
    140 SOCKANOSSET CROSS ROAD
    CRANSTON,RI02920
    NONE PUBLIC CHARITY OPERATIONS 500
    FROSTY DREW NATURE CENTER
    PO BOX 160
    CHARLESTOWN,RI02813
    NONE PUBLIC CHARITY OPERATIONS 500
    RHODE ISLAND PUBLIC RADIO
    1 UNION STATION
    PROVIDENCE,RI02903
    NONE PUBLIC CHARITY OPERATIONS 2,500
    TOMAQUAG INDIAN MEMORIAL MUSEUM
    390 A SUMMIT ROAD
    EXETER,RI02822
    NONE PUBLIC CHARITY OPERATIONS 1,000
    HOUSING WORKS RI
    1070 MAIN STREET
    Pawtucket,RI02860
    NONE PC OPERATONAL 3,000
    WARM CENTER
    56 SPRUCE STREET
    Westerly,RI02891
    NONE PC OPERATIONAL 500
    SHRI SERVICE CORPS
    21 BROAD ST
    PAWTUCKET,RI02860
    NONE PC CHARITABLE CONTRIBUTION 2,500
    SOUTH COUNTY HABITAT FOR HUMANITY
    1555 SHANNOCK RD
    CHARLESTOWN,RI02813
    NONE PC CHARITABLE CONTRIBUTION 1,000
    TRI-COUNTY COMMUNITY ACTION
    1935 KINGSTOWN RD
    WAKEFIELD,RI02879
    NONE PC CHARITABLE CONTRIBUTION 500
    RHODE ISLAND INAUGURATION 2019
    1 PARK ROW 5TH FLOOR
    PROVIDENCE,RI02903
    NONE PC CHARITABLE CONTRIBUTION 5,000
    RHODE ISLAND PARENT INFORMATION NETWORK
    1210 PONTIAC AVE
    CRANSTON,RI02920
    NONE PC OPERATIONAL 500
    RHODE ISLAND OFFICE OF THE POSTSECONDARY
    COMMISSIONER
    560 JEFFERSON BLVD STE 100
    WARWICK,RI02886
    NONE PC OPERATIONAL 2,000
    COMMUNITY PREPARATORY SCHOOL
    135 PRAIRIE AVE
    PROVIDENCE,RI02905
    NONE PC OPERATIONAL 2,000
    CHRISTIAN BROTHERS CENTER
    635 OCEAN RD
    NARRAGANSETT,RI02882
    NONE PC CHARITABLE CONTRIBUTION 6,000
    DORCAS INTERNATIONAL INSTITUTE
    OF RHODE ISLAND
    645 ELMWOOD AVE
    PROVIDENCE,RI02907
    NONE PC OPERATIONAL 1,000
    JEWISH SENIORS AGENCY
    1165 N MAIN ST
    PROVIDENCE,RI02904
    NONE PC OPERATIONAL 1,000
    NEW URBAN ARTS
    705 WESTMINSTER ST
    PROVIDENCE,RI02903
    NONE PC OPERATIONAL 500
    ONE NEIGHBORHOOD BUILDERS
    66 CHAFFEE ST
    PROVIDENCE,RI02909
    NONE PC OPERATIONAL 5,000
    PROVIDENCE TOURISM FUND
    PO BOX 6565
    PROVIDENCE,RI029406565
    NONE PC CHARITABLE CONTRIBUTION 5,000
    OCEAN COMMUNITY CHAMBER FOUNDATION
    ONE CHAMBER WAY
    WESTERLY,RI02891
    NONE PC CHARITABLE CONTRIBUTION 20,000
    PROVIDENCE FOUNDATION
    30 EXCHANGE TER
    PROVIDENCE,RI02903
    NONE PC OPERATIONAL 1,000
    PROVIDENCE HOUSING AUTHORITY
    100 BROAD ST
    PROVIDENCE,RI02903
    NONE PC OPERATIONAL 500
    THE PROVIDENCE PROMISE
    TWO REGENCY PLAZA STE 4
    PROVIDENCE,RI02903
    NONE PC OPERATIONAL 5,000
    PROVIDENCE PUBLIC LIBRARY
    225 WASHINGTON ST
    PROVIDENCE,RI02903
    NONE PC OPERATIONAL 5,000
    PROVIDENCE GRIDIRON CLUB
    12 CHANDLER DR
    COVENTRY,RI02816
    NONE PF OPERATIONAL 3,000
    USS GROTON SAIL FOUNDATION
    PO BOX 7275
    GROTON,CT06360
    NONE PC OPERATIONAL 1,000
    WEST ELMWOOD HOUSING DEVELOPMENT
    CORP
    224 DEXTER ST
    PROVIDENCE,RI02907
    NONE PC OPERATIONAL 1,000
    GREATER PROVIDENCE YMCA
    21 PEACE ST 6TH FLOOR
    PROVIDENCE,RI02907
    NONE PC OPERATIONAL 3,500
    HASBRO CHILDREN'S HOSPITAL
    593 EDDY ST
    PROVIDENCE,RI02903
    NONE PC OPERATIONAL 10,000
    NETWORK FOR TEACHING
    ENTREPRENEURSHIP
    120 WALL ST 18TH FLOOR
    NEW YORK,NY10005
    NONE PC OPERATIONAL 12,000
    PAWTUCKET CENTRAL FALLS DEVELOPMENT
    204 BROAD STREET
    PAWTUCKET,RI02860
    NONE PC OPERATIONAL 2,500
    FRIENDS OF RHODE ISLAND CASA
    1 DORRANCE ST
    PROVIDENCE,RI02903
    NONE PC OPERATIONAL 2,500
    BLACKSTONE VALLEY COMMUNITY HEALTH
    39 EAST AVE
    PAWTUCKET,RI02860
    NONE PC OPERATIONAL 10,000
    SUNRISE FOREVER INC
    49 CHRISTOPHER ST
    PROVIDENCE,RI02904
    NONE PC OPERATIONAL 1,000
    MISQUAMICUT BUSINESS ASSOCIATION
    PO BOX 1302
    WESTERLY,RI02891
    NONE PC OPERATIONAL 1,000
    MAKE A WISH FOUNDATION OF
    RHODE ISLAND
    1 STATE ST
    PROVIDENCE,RI02908
    NONE PC OPERATIONAL 1,000
    MENTOR RHODE ISLAND
    2065 WARWICK AVE UNIT 1
    WARWICK,RI02889
    NONE PC OPERATIONAL 1,000
    Needham Community Council
    570 HILLSIDE AVENUE
    Needham,MA02494
    NONE PC OPERATIONAL SERVICES 500
    Greater Boston Food Bank
    70 SOUTH BAY AVENUE
    Boston,MA02118
    NONE PC OPERATIONAL 500
    Hessco Elder Services
    ONE MERCHANT STREET
    Sharon,MA02067
    NONE PC OPERATIONAL 500
    YEAR UP PROVIDENCE
    40 FOUNTAIN STREET
    Providence,RI02903
    NONE PC OPERATIONAL 2,500
    RICHMOND SENIOR CENTER
    5 RICHMOND TOWNHOUSE RD
    Wyoming,RI028981247
    NONE PC OPERATIONAL 2,500
    Brown University
    COLLEGE HILL
    Providence,RI02912
    NONE PC ONCOLOGY GROUP 10,000
    Bryant University Scholarship
    1150 DOUGLAS PIKE
    Smithfield,RI02917
    NONE PC SCHOLARSHIPS 5,000
    Providence College
    1 CUNNINGHAM SQUARE
    Providence,RI02918
    NONE PC EDUCATIONAL SERVICES 5,000
    Ocean Community YMCA
    95 HIGH STREET
    Westerly,RI02891
    NONE PC REACH OUT TO YOUTH CAMPAIGN 77,250
    Camp Jori
    PO BOX 5299
    Wakefield,RI02880
    NONE PC OPERATIONS 2,500
    ASHAWAY FREE LIBRARY
    PO BOX 70
    Ashaway,RI02804
    NONE PC OPERATIONAL 500
    United Way of Rhode Island
    50 VALLEY STREET
    Providence,RI02909
    NONE PC OPERATIONS 56,000
    Tri-Town Community Action
    1126 HARTFORD AVENUE
    Johnston,RI02919
    NONE PC OPERATIONS 500
    Westbay Communiy Action
    224 BUTTONWOODS AVENUE
    Warwick,RI02886
    NONE PC OPERATIONAL 500
    Phoenix House
    99 WAYLAND AVENUE SUITE 99
    Providence,RI02906
    NONE PC OPERATIONAL EXPENSES 1,500
    Ocean Tides School
    635 OCEAN ROAD
    Narragansett,RI02882
    NONE PC OPERATIONS 6,000
    Jonnycake Center of Westerly
    23 INDUSTRIAL DRIVE
    Westerly,RI02891
    NONE PC OPERATIONAL SERVICES 500
    Jonnycake Center of Peace Dale
    1231 KINGSTOWN ROAD
    Peace Dale,RI02883
    NONE PUBLIC CHARITY OPERATIONAL SERVICES 1,500
    Hope Valley Grange & Community Center
    PO BOX 354
    Hope Valley,RI02832
    NONE PUBLIC CHARITY OPERATIONAL 500
    Day One
    100 MEDWAY STREET
    Providence,RI02906
    NONE PUBLIC CHARITY OPERATIONAL SERVICES 500
    Institute for Labor Studies & Research
    (RIILSR)
    99 BALD HILL ROAD
    Cranston,RI02920
    NONE PC OPERATIONAL 1,000
    Community College of Rhode Island
    400 EAST AVENUE
    Warwick,RI02886
    NONE PC OPERATIONS 15,000
    Rhode Island Community Food Bank
    Association
    200 NIANTIC AVENUE
    Providence,RI02907
    NONE PC OPERATIONS 1,000
    Ronald McDonald House
    45 GAY STREET
    Providence,RI02905
    NONE PC OPERATIONS 5,000
    McAuley Ministries
    622 ELMWOOD AVENUE
    Providence,RI029073352
    NONE PC OPERATIONAL SERVICES 5,000
    Urban Collaborative Accelerated Program
    75 CARPENTER STREET
    Providence,RI029033004
    NONE PC OPERATIONAL SERVICES 5,000
    Good Neighbors Inc
    55 TURNER AVENUE
    East Providence,RI02915
    NONE PC OPERATIONS 500
    North Kingstown Food Pantry
    445 SCHOOL STREET
    North Kingstown,RI02852
    NONE PC OPERATIONAL SERVICES 500
    Saint Elizabeth Community
    1 ST ELIZABETH WAY
    East Greenwich,RI02818
    NONE PC OPERATIONS 5,000
    HOUSING NETWORK
    1070 MAIN STREET
    Pawtucket,RI02860
    NONE PC OPERATIONAL 3,000
    Westerly Armory Restoration Inc
    PO BOX 614
    Westerly,RI02891
    NONE PC OPERATIONS 2,500
    Connecting Children & Families
    46 HOPE STREET
    Woonsocket,RI02895
    NONE PC OPERATIONS 500
    Westerly Chamber Foundation
    1 CHAMBER WAY
    Westerly,RI02891
    NONE PC OPERATIONS 3,000
    Grow Smart Rhode Island
    235 PROMENADE STREET SUITE 550
    Providence,RI02908
    NONE PUBLIC CHARITY OPERATIONAL SERVICES 500
    Rhode Island Free Clinic
    655 BROAD STREET
    Providence,RI02907
    NONE PC OPERATIONS 5,000
    Community 2000 Education Foundation
    PO BOX 1161
    Charlestown,RI02813
    NONE PC OPERATIONAL SERVICES 1,000
    Institute for the Study &
    Practice of Non Violence
    265 OXFORD STREET
    Providence,RI02905
    NONE PC OPERATIONS 500
    Babcock Smith House Museum
    124 GRANITE STREET
    Westerly,RI02891
    NONE PC OPERATIONAL PURPOSES 1,000
    University of Rhode Island Foundation
    79 UPPER COLLEGE ROAD
    Kingston,RI02881
    NONE PC SCHOLARSHIPS 5,000
    Comprehensive Community Action
    311 DORIC AVENUE
    Cranston,RI02910
    NONE PC OPERATIONAL SERVICES 500
    Christian Community Action Inc
    168 DAVENPORT AVENUE
    New Haven,CT06519
    NONE PC OPERATIONAL 500
    Pawcatuck Neighborhood Center
    27 CHASE STREET
    Pawcatuck,CT06379
    NONE PC OPERATIONAL SERVICES 500
    NEW HAVEN SYMPHONY ORCHESTRA
    4 HAMILTON STREET
    New Haven,CT06511
    NONE PC OPERATIONS 500
    Glastonbury Food and Fuel Bank
    300 WELLES STREET
    Glastonbury,CT06033
    NONE PC OPERATIONS 500
    R I CENTER ASSISTING THOSE IN
    NEED
    805 ALTON CAROLINA ROAD
    Charlestown,RI02813
    NONE PC OPERATIONAL 800
    West Broadway Neighborhood Assoc
    1560 WESTMINSTER STREET
    Providence,RI02909
    NONE PC OPERATIONAL SERVICES 500
    Rhode Island Foundation
    ONE UNION STATION
    Providence,RI02903
    NONE PF CIVIC LEADERSHIP FUND 22,500
    Providence In-Town Churches Assoc
    PO BOX 5639
    Providence,RI02903
    NONE PC OPERATIONAL 500
    BREAD OF LIFE FOOD PANTRY
    1369 MAIN STREET
    West Warwick,RI028933814
    NONE PC OPERATIONAL 500
    WESTERLY LAND TRUST
    PO BOX 601
    Westerly,RI02891
    NONE PC OPERATIONAL 1,000
    COVENTRY COMMUNITY FOODBANK
    50 WOOD STREET
    Coventry,RI028165825
    NONE PC OPERATIONAL 500
    SAN MIGUEL SCHOOL
    525 BRANCH AVENUE
    Providence,RI029042287
    NONE PC OPERATIONAL 18,000
    Rhode Island Spotlight
    PO BOX 2412
    Providence,RI02903
    NONE PC OPERATIONS 5,000
    Helping Hands of Block Island Inc
    PO BOX 1437
    Block Island,RI02807
    NONE PC OPERATIONAL 500
    RI BLACK BUSINESS ASSOCIATION
    THREE REGENCY PLAZA ROOM 3 EAST
    Providence,RI02903
    NONE PC OPERATIONAL 500
    LISC Rhode Island
    146 CLIFFORD STREET 1
    Providence,RI02903
    NONE PC OPERATIONS 5,000
    READ TO SUCCEED
    6 WATER VALLEY ROAD
    Hope,RI02831
    NONE PC OPERATIONAL 500
    Rhode Island for Community & Justice
    80 WASHINGTON STREET OFFICE 450
    Providence,RI02903
    NONE PC OPERATIONAL SERVICES 1,000
    Capital Good Fund
    56 PINE STREET
    Providence,RI02903
    NONE PC OPERATIONAL SERVICES 500
    Total .................................bullet 3a 415,050
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 43,857  
    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 ............
        18 122,864  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER REVENUE
        14 603  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   167,324  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    167,324
    (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 (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Name of Bond End of Year Book Value End of Year Fair Market Value
    25,000 PAR ABBOTT LABORATORIES 25,000 24,680
    25,000 PAR AMERICAN EXPRESS CE    
    50,000 PAR BOEING CAP CORP SR    
    25,000 PAR BUCKEYE AZ UN HS DI 26,070 25,569
    25,000 PAR CIT BANK SALT LAKE 25,000 24,522
    25,000 PAR CIT BANK SALT LAKE 25,000 24,157
    25,000 PAR DAYTON OH METRO LIB 25,033 24,720
    25,000 PAR GENERAL ELECTRIC CA 25,567 24,964
    25,000 PAR HOME DEPOT INC 2.25    
    50,000 PAR HUNTINGTON NATL 2.2 50,011 49,902
    25,000 PAR JP MORGAN CHASE & C 25,669 25,450
    25,000 PAR KIMBERLY CLARK CORP 25,603 25,237
    25,000 PAR NEW YORK CITY TRANS 24,894 24,250
    25,000 PAR NEW YORK ST URBAN D 24,884 26,679
    25,000 PAR OCCIDENTAL PETE COR 25,147 24,860
    25,000 PAR ORACLE CORP 5.75% 4    
    25,000 PAR ORACLE CORP 2.375%    
    25,000 PAR PITNEY BOWES INC 5.    
    25,000 PAR SAN JOSE CA SCH DIS 26,664 26,091
    25,000 PAR STATE STREET BANK &    
    25,000 PAR UNITED HEALTH GROUP 25,011 24,932
    25,000 PAR VERIZON COMMUNICATI 25,022 25,811
    25,000 PAR WELLS FARGO BK NA S 24,913 22,673
    25000 WELLS FARGO BANK NA 3.2% 24,963 24,994

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Name of Stock End of Year Book Value End of Year Fair Market Value
    175 SHS ALIBABA GROUP HLDG LTD 14,802 23,987
    850 SHS AECOM TECHNOLOGY CORP 16,853 19,875
    35 SHS ALPHABET INC CL A 19,033 36,574
    35 SHS AMAZON.COM INC 9,728 45,059
    425 SHS AMERICAN INTL GROUP IN 15,821 13,794
    75 SHS AMERICAN TOWER CORP REI 8,321 11,864
    115 SHS AMGEN INC 18,763 22,387
    310 SHS APPLE INC 11,783 39,435
    250 SHS BB&T CORP 12,465 10,830
    1,500 SHS BANK OF AMERICA CORP 24,340 33,264
    90 SHS BECTON DICKINSON & CO 16,308 20,279
    35 SHS BLACKROCK INC 13,960 13,749
    120 SHS BOEING CO 14,761 37,088
    300 SHS BROADRIDGE FINL SOLUTI 16,356 28,875
    250 SHS CVS HEALTH CORP 11,471 16,380
    120 SHS CELGENE CORP 11,064 7,691
    500 SHS CERNER CORP 13,548 24,909
    100 SHS CHEVRON CORP 11,749 10,879
    400 SHS CISCO SYS INC 12,448 17,332
    350 SHS COGNIZAN TECHNOLOGY SO    
    440 SHS COMCAST CORP CL A 12,276 14,982
    150 SHS WALT DISNEY CO 15,772 16,448
    275 SHS DISCOVER FINL SVCS 16,081 16,220
    150 SHS EOG RES INC 15,851 13,082
    350 SHS EXXON MOBIL CORP 16,753 23,867
    185 SHS FACEBOOK INC CL A 12,409 20,974
    150 SHS IQVIA HLDGS INC COM 13,275 17,426
    1,750 SHS ISHARES TR MSCI EAFE 87,853 101,396
    1,200 SHS ISHARES TR RUSSELL 2 128,659 150,638
    1,450 SHS ISHARES CORE MSCI EM 56,758 67,189
    600 SHS JP MORGAN CHASE & CO 15,799 45,393
    55 SHS JOHNSON & JOHNSON 7,788 7,098
    155 SHS KRAFT HEINZ CO    
    290 SHS LAUDER ESTEE COS INC 18,428 35,778
    50 SHS LOCKHEED MARTIN CORP 12,265 13,092
    100 SHS MICROSOFT CORP 7,916 10,157
    65 SHS NEXTERA ENERGY INC 8,343 11,298
    575 SHS PAYPAL HLDGS INC 14,813 37,841
    5,857.834 SHS PIMCO FDS INCOME 45,738 44,361
    185 SHS SCHLUMBERGER LTD 14,352 6,675
    380 SHS STARBUCKS CORP 20,600 24,472
    575 SHS STATE STREET BOSTON CO    
    300 SHS THERMO FISHER SCIENTIF 11,303 53,710
    1,487.906 SHS THIRD AVENUE REA    
    250 SHS US BANCORP    
    50 SHS UNIVERSAL DISPLAY 6,410 4,679
    250 SHS VERIZON COMMUNICATIONS 13,107 14,055
    525 SHS VISA INC CL A 7,064 52,776
    5,045.655 SHS VIRTUS EMERGING 24,940 28,227
    235 SHS WATSCO INC 16,101 31,307
    140 SHS ZIMMER BIOMET HOLDINGS 17,910 14,521
    100 SHS DELPHI TECHNOLOGIES PL    
    300 SHS APTIV PLC 17,749 18,471
    135 SHS AKAMI TECHNOLOGIES INC 9,342 8,246
    20 SHS EQUINIX INC 7,531 7,051
    175 SHS MONDELEZ INTL INC 7,579 7,005
    50 SHS NVIDIA CORP 9,730 6,675

    TY 2018 OtherDecreasesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Description Amount
    INCOME POSTED FOLLOWING YEAR 563
    FEDERAL TAXES PAID WITH 2017 EXTENSION 1,561


    TY 2018 OtherIncreasesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Description Amount
    REVERSAL OF GRANTS FROM PRIOR YEAR 6,000
    PRIOR YEAR INCOME 414
    COST BASIS ADJUSTMENT 69


    TY 2018 TaxesSchedule
    Name:
    WASHINGTON TRUST CO CHARITABLE FDN
    EIN:
    05-0477294
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - PRINCIPAL 2,128 0   0
    FOREIGN TAXES ON QUALIFIED FOR 482 482   0
    FOREIGN TAXES ON NONQUALIFIED 95 95   0