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 04-01-2020 , and ending 03-31-2021
Name of foundation
The Cooperative Bank of Cape Cod
Charitable Foundation Trust
Number and street (or P.O. box number if mail is not delivered to street address)25 Benjamin Franklin Way
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Hyannis, MA02601
A Employer identification number

82-4890570
B Telephone number (see instructions)

(508) 568-3400
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$2,921,510J 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 50 50  
4 Dividends and interest from securities... 40,729 40,729  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 280,975
b Gross sales price for all assets on line 6a 1,753,523
7 Capital gain net income (from Part IV, line 2)... 280,975
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........ 321,754 321,754  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,328 0   1,328
b Accounting fees (attach schedule)....... Click to see attachment 1,950 975   975
c Other professional fees (attach schedule).... Click to see attachment 23,020 23,020   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6 6   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 101 0   101
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,627 0   1,627
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 28,032 24,001   4,031
25 Contributions, gifts, grants paid....... 220,000 220,000
26 Total expenses and disbursements. Add lines 24 and 25 248,032 24,001   224,031
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 73,722
b Net investment income (if negative, enter -0-) 297,753
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 26,289 66,505 66,505
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,481,333 Click to see attachment2,184,715 2,184,715
c Investments—corporate bonds (attach schedule)....... 667,235 Click to see attachment670,290 670,290
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,174,857 2,921,510 2,921,510
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 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,174,857 2,921,510
29 Total net assets or fund balances (see instructions)..... 2,174,857 2,921,510
30 Total liabilities and net assets/fund balances (see instructions). 2,174,857 2,921,510
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
2,174,857
2
Enter amount from Part I, line 27a .....................
2
73,722
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
672,931
4
Add lines 1, 2, and 3 ..........................
4
2,921,510
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
2,921,510
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities      
b Capital Gains Dividends P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,688,787   1,472,548 216,239
b 64,736     64,736
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       216,239
b       64,736
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 2 280,975
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 4,139
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 4,139
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 4,139
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,491
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 1,491
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 2,648
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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.thecooperativebankofcapecod.com
    14
    The books are in care ofbulletMark Linehan Telephone no.bullet (508) 568-3400

    Located atbullet25 Benjamin Franklin WayHyannisMA ZIP+4bullet02601
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Matt Cole Trustee
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Nancy Garran Trustee
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Lee Ann Hesse Trustee
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Michelle LeBlanc Trustee
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Justin Manning Trustee
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Christine Parent Trustee
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Christian Valle Trustee
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Elizabeth Oliver President
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Mark Linehan Treasurer
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    Martha Ramsey Secretary
    1.00     		0 0 0
    25 Benjamin Franklin Way
    Hyannis,MA02601
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    2,587,261
    b
    Average of monthly cash balances.......................
    1b
    68,348
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,655,609
    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
    2,655,609
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    39,834
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,615,775
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    130,789
    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
    130,789
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,139
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,139
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    126,650
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    126,650
    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
    126,650
    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
    224,031
    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
    224,031
    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
    224,031
    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 7 126,650
    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......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 29,242
    e From 2019...... 25,386
    fTotal of lines 3a through e........ 54,628
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 224,031
    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..... 126,650
    e Remaining amount distributed out of corpus 97,381
    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 5 152,009
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		152,009
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 29,242
    d Excess from 2019.... 25,386
    e Excess from 2020.... 97,381
    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:
    Christina Bologna
    25 Benjamin Franklin Way
    Hyannis,MA02601
    (508) 568-3400
    cbologna@mycapecodbank.com
    bThe form in which applications should be submitted and information and materials they should include:
    Application is available at: https://www.thecooperativebankofcapecod.com/charitable-giving/charitable-co ntributons/ Applicants are required to attach additional supporting documentation, including (1) a copy of 501(c)(3) nonprofit tax exemption letter from IRS; (2) a list of Board of Directors and their affiliations; (3) a list of last twelve (12) months business contributors and foundation grants, including level of support; (4) any other supporting documentation that outlines the purpose of the request and the need(s) it meets in the community. Please be as complete and detailed as possible.
    cAny submission deadlines:
    Quarter 1: December 15; Quarter 2: March 15; Quarter 3: June 15; Quarter 4: September 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    In order to be considered for funding, all requests (1) must be from a 501(c)(3) Non Profit Organization located on Cape Cod, or directly benefiting Cape Codders with 100% of the monies received staying in Barnstable County; (2) must align with the mission of the Foundation, fall within one of our five Areas of Impact, and abide by our Types of Giving; (3) All grants awarded are required to provide an annual report to help the Foundation track the progress of the project; (4) must be a minimum of $2,500 for consideration.
    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
    ALS Family Charitable Foundation
    One Trowbridge Road 322
    Bourne,MA02532     		N/A PC General Support 2,000
    Big Brothers Big Sisters of Cape Cod & The Islands
    684 Main Street
    Hyannis,MA02601     		N/A PC General Support 10,000
    Cape & Islands Veterans Outreach Center
    247 Stevens Street
    Hyannis,MA02601     		N/A PC General Support 10,000
    Cape Abilities
    895 Mary Dunn Road
    Hyannis,MA02601     		N/A PC General Support 10,000
    Cape Arts & Entertainment Inc
    1060 Falmouth Road Suite A
    Hyannis,MA02601     		N/A PC General Support 15,000
    Cape Cod & Islands Council #224 Boy Scouts of America
    247 Willow Street
    Yarmouthport,MA02675     		N/A PC General Support 5,000
    Cape Cod Community College Educational Foundation
    2240 Iyannough Road
    West Barnstable,MA02668     		N/A PC General Support 5,000
    Cape Cod Council of Churches
    320 Main Street
    Hyannis,MA02601     		N/A PC A Baby Center 5,000
    Cape Cod Healthcare Foundation
    25 Communication Way
    Hyannis,MA02601     		N/A PC General Support 35,000
    Cape Cod Literacy Council
    319 Main Street
    Hyannis,MA02601     		N/A PC General Support 2,500
    Cape Cod Military Support Foundation
    1015 South Inner Road
    Buzzards Bay,MA02542     		N/A PC General Support 5,000
    Cape Cod Times Needy Fund
    PO Box 804
    Hyannis,MA02601     		N/A PC General Support 25,000
    Champ Homes
    82 School Street
    Hyannis,MA02601     		N/A PC General Support 5,000
    Cotuit Center for the Arts
    4404 Falmouth Road
    Cotuit,MA02635     		N/A PC General Support 10,000
    Duffy Health Center
    94 Main Street
    Hyannis,MA02601     		N/A PC General Support 2,500
    Helping Our Women
    34 Conwell Street
    Provincetown,MA02657     		N/A PC General Support 5,000
    Housing Assistance Corporation
    460 West Main Street
    Hyannis,MA02601     		N/A PC General Support 7,000
    Independence House
    160 Bassett Lane
    Hyannis,MA02601     		N/A PC General Support 2,500
    Lower Cape Cod Community Development Corp
    3 Main Street
    Eastham,MA02642     		N/A PC Lower Cape Leadership Forum 5,000
    Lower Cape Outreach Council
    19 Brewster Cross Road
    Orleans,MA02653     		N/A PC General Support 2,500
    Mass Appeal Inc
    PO Box 1694
    Wellfleet,MA02667     		N/A PC General Support 2,500
    Massachusetts Audobon Society Inc
    345 Bone Hill Road
    Barnstable,MA02630     		N/A PC Long Pasture Wildlife Sanctuary 12,500
    Neighborhood Falmouth
    PO Box 435
    Falmouth,MA02541     		N/A PC General Support 1,000
    Outer Cape Health Services
    710 Route 28
    Harwich Port,MA02646     		N/A PC General Support 5,000
    Pleasant Bay Community Boating
    PO Box 21
    North Chatham,MA02650     		N/A PC Greg Kelly Scholarship Fund 2,500
    Provincetown Community Compact Inc
    PO Box 819
    Provincetown,MA02657     		N/A PC One Provincetown, One Fund 5,000
    We Can
    783 Route 28
    Harwich Port,MA02646     		N/A PC General Support 5,000
    Yarmouth Food Pantry
    PO Box 982
    West Yarmouth,MA02673     		N/A PC General Support 2,500
    YMCA Cape Cod
    2245 Iyannough Road
    West Barnstable,MA02668     		N/A PC General Support 15,000
    Total .................................bullet 3a 220,000
    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 50  
    4 Dividends and interest from securities....     14 40,729  
    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 ............     		    18 280,975  
    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).. 0 321,754 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    321,754
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    The Cooperative Bank of Cape Cod
     
    Charitable Foundation Trust
    EIN:
    82-4890570
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Preparation 1,950 975   975

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The Cooperative Bank of Cape Cod
     
    Charitable Foundation Trust
    EIN:
    82-4890570
    Name of Bond End of Year Book Value End of Year Fair Market Value
    10358.937 units BNY Mellon Intermediate Bond Fund 133,423 133,423
    25775.547 units BNY Mellon Bond Fund 333,020 333,020
    700.000 units iShares Barclays Aggregate Bond Fund 79,681 79,681
    7700.525 units BNY Mellon High Yield Fund 47,050 47,050
    2433.890 units BNY Mellon Floating Rate Income Fund 27,795 27,795
    6172.839 units TCW Emerging Markets Income Fund 49,321 49,321

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Cooperative Bank of Cape Cod
     
    Charitable Foundation Trust
    EIN:
    82-4890570
    Name of Stock End of Year Book Value End of Year Fair Market Value
    15 units Atlassian Corporation PLC 3,162 3,162
    63 units Eaton Corp PLC 8,712 8,712
    50 units Horizon Therapeutics PLC 4,602 4,602
    72 units Medtronic PLC ADR 8,505 8,505
    52 units Trane Technologies PLC 8,609 8,609
    54 units Abbott Laboratories 6,471 6,471
    85 units Abbvie Inc 9,199 9,199
    12 units Adobe Systems 5,705 5,705
    80 units Advanced Micro Devices Inc 6,280 6,280
    28 units Air Products & Chemicals 7,878 7,878
    10 units Alphabet Inc 20,625 20,625
    9 units Amazon.com 27,847 27,847
    210 units American International Group Inc 9,704 9,704
    11 units American Tower Corporation 2,630 2,630
    22 units Ameriprise Financial Inc 5,114 5,114
    244 units Apple Inc 29,805 29,805
    210 units Bank of America Corporation 8,125 8,125
    1 unit Booking Holdings Inc 2,330 2,330
    180 units Boston Scientific Corporation 6,957 6,957
    60 units Bristol-Myers Squibb Company 3,788 3,788
    34 units CME Group Inc 6,944 6,944
    90 units CSX Corp 8,678 8,678
    50 units CVS Health Corporation 3,762 3,762
    50 units Celanese Corp 7,491 7,491
    90 units Centene Corp 5,752 5,752
    6 units Charter Communications 3,702 3,702
    70 units Chevron Corporation 7,335 7,335
    130 units Coca-Cola Co 6,852 6,852
    130 units Comcast Corp 7,034 7,034
    7 units Costco Whsl Corp 2,467 2,467
    20 units Crowdstrike Holdings Inc 3,650 3,650
    30 units Danaher Corp 6,752 6,752
    28 units Deere & Co 10,476 10,476
    23 units The Walt Disney Company 4,244 4,244
    4 units Equinix Inc 2,718 2,718
    90 units Exelon Corp 3,937 3,937
    28 units FMC Corp 3,097 3,097
    61 units Facebook Inc 17,966 17,966
    30 units General Motors Co 1,724 1,724
    37 units Home Depot Inc 11,294 11,294
    42 units Honeywell Intl Inc 9,117 9,117
    37 units Illinois Tool Wks Inc 8,196 8,196
    10 units Intuit 3,831 3,831
    83 units JP Morgan Chase & Co 12,635 12,635
    24 units KLA-Tencor Corp 7,930 7,930
    100 units Las Vegas Sands Corp 6,076 6,076
    28 units Eli Lilly & Co 5,231 5,231
    30 units Live Nation Inc 2,540 2,540
    44 units Lumentum Holdings Inc 4,019 4,019
    143 units Microsoft Corporation 33,715 33,715
    160 units Micron Technology Inc 14,114 14,114
    110 units Mondelez International 6,438 6,438
    10 units Neflix Com Inc 5,217 5,217
    42 units Nextera Energy 3,176 3,176
    62 units Nike Inc 8,239 8,239
    14 units Nvidia Corp 7,475 7,475
    5 units O'Reilly Automotive Inc 2,536 2,536
    25 units Otis Worldwide Corporation 1,711 1,711
    41 units Paypal Holdings Inc 9,956 9,956
    80 units Philip Morris International Inc 7,099 7,099
    42 units Pioneer Natural Resources Company 6,670 6,670
    42 units The Procter & Gamble Company 5,688 5,688
    81 units Raytheon Technologies Corp 6,259 6,259
    23 units S & P Global Inc 8,116 8,116
    13 units Salesforce.Com Inc 2,754 2,754
    31 units Sempra Energy 4,110 4,110
    33 units Simon Property Group Inc REIT 3,754 3,754
    22 units Skyworks Solutions Inc 4,037 4,037
    27 units Square Inc 6,130 6,130
    230 units Synchrony Financial 9,352 9,352
    25 units T-Mobile US Inc 3,132 3,132
    63 units Texas Instruments Inc 11,906 11,906
    6 units The Trade Desk Inc 3,910 3,910
    13 units Thermo Fisher Scientific Inc 5,933 5,933
    119 units Truist Finl Corp 6,940 6,940
    31 units United Technologies Corp 11,534 11,534
    80 units Valero Energy Corp 5,728 5,728
    70 units Visa Inc 14,821 14,821
    100 units Voya Financial Inc 6,364 6,364
    38 units Yum! Brands Inc 4,111 4,111
    10393.022 units BNY Mellon Income Stock Fund 99,357 99,357
    7472.059 units BNY Mellon Focused Equity Opportunities Fund 139,653 139,653
    820 units iShares S&P 500 Index Fund 326,212 326,212
    6425.235 units BNY Mellon Mid Cap Multi-Strategy Fund 143,861 143,861
    500 units iShares TR S&P Midcap 400 Index Fund 130,140 130,140
    2341.535 units BNY Mellon Select Managers Small Cap Value Fund 68,162 68,162
    3275.686 units BNY Mellon Select Managers Small Cap Growth Fund 111,570 111,570
    450 units iShares TR S&P Smallcap 600 48,839 48,839
    3261.265 units BNY Mellon International Stock Fund 77,586 77,586
    689.044 units BNY Mellon International Equity Fund 16,999 16,999
    1648.123 units BNY Mellon International Small Cap 25,628 25,628
    1600 units iShares Core MSCI EAFE ETF 115,280 115,280
    2840.736 units DFA Emerging Markets Core Equity Funds 72,552 72,552
    1000 units iShares Core MSCI Emerging Markets ETF 64,360 64,360
    4542.522 units Virtus Emerging Markets Opportunities Fund 61,642 61,642
    320 units Vanguard Real Estate ETF 29,395 29,395
    2870.636 units BNY Mellon Global Real Return Fund 27,949 27,949
    2258.791 units Goldman Sachs Absolute Return Tracker Fund 23,107 23,107

    TY 2020 LegalFeesSchedule
    Name:
    The Cooperative Bank of Cape Cod
     
    Charitable Foundation Trust
    EIN:
    82-4890570
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 1,328 0   1,328


    TY 2020 OtherExpensesSchedule
    Name:
    The Cooperative Bank of Cape Cod
     
    Charitable Foundation Trust
    EIN:
    82-4890570
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Insurance 1,592 0   1,592
    State Filing Fees 35 0   35


    TY 2020 OtherIncreasesSchedule
    Name:
    The Cooperative Bank of Cape Cod
     
    Charitable Foundation Trust
    EIN:
    82-4890570
    Description Amount
    Unrealized Gain on Securities 642,931
    Timing Difference (Uncleared Checks) 30,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Cooperative Bank of Cape Cod
     
    Charitable Foundation Trust
    EIN:
    82-4890570
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 23,020 23,020   0


    TY 2020 TaxesSchedule
    Name:
    The Cooperative Bank of Cape Cod
     
    Charitable Foundation Trust
    EIN:
    82-4890570
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes 6 6   0