Form990-PF
Click to see attachment
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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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE CARNEY FAMILY CHARITABLE FOUNDATION
C/O CLAREMONT MGMT CO
Number and street (or P.O. box number if mail is not delivered to street address)TWO LAKESHORE CENTER
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRIDGEWATER, MA02324
A Employer identification number

04-6614314
B Telephone number (see instructions)

(774) 202-5325
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$10,745,749J 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) 4,507,954
2 Check bullet.............
3 Interest on savings and temporary cash investments 244 244  
4 Dividends and interest from securities... 109,751 109,751  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 960,178
b Gross sales price for all assets on line 6a 4,472,541
7 Capital gain net income (from Part IV, line 2)... 960,178
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........ 5,578,127 1,070,173  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 173,581 9,375   158,082
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 31,329 0   35,343
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,575 1,287   0
c Other professional fees (attach schedule).... Click to see attachment 62,196 30,798   31,398
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,793 594   13,608
19 Depreciation (attach schedule) and depletion... 533 0  
20 Occupancy.............. 28,912 0   31,100
21 Travel, conferences, and meetings....... 169 0   169
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 64,429 17,265   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 379,517 59,319   269,700
25 Contributions, gifts, grants paid....... 1,971,524 1,971,524
26 Total expenses and disbursements. Add lines 24 and 25 2,351,041 59,319   2,241,224
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,227,086
b Net investment income (if negative, enter -0-) 1,010,854
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 32,743 76,062 76,062
2 Savings and temporary cash investments......... 71,009 11,127 11,127
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 5,780 6,114 6,114
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,247,047 Click to see attachment7,713,003 10,648,254
14 Land, buildings, and equipment: basis bullet6,564
Less: accumulated depreciation (attach schedule) bullet2,372 1,418 4,192 4,192
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,357,997 7,810,498 10,745,749
Liabilities 17 Accounts payable and accrued expenses.......... 3,372 9,660
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)......... 3,372 9,660
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 6,354,625 7,800,838
29 Total net assets or fund balances (see instructions)..... 6,354,625 7,800,838
30 Total liabilities and net assets/fund balances (see instructions). 6,357,997 7,810,498
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
6,354,625
2
Enter amount from Part I, line 27a .....................
2
3,227,086
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,581,711
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,780,873
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,800,838
Form 990-PF (2021)
Form 990-PF (2021)
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 FIDELITY - 7579 - SHORT TERM - COVERED P    
b FIDELITY - 7579 - LONG TERM - COVERED P    
c FIDELITY - 7579 - LONG TERM - COVERED P    
d CAPITAL GAINS DIVIDENDS P    
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 972,499   960,414 12,085
b 3,191,625   2,520,156 671,469
c 51,069   31,793 19,276
d 257,348     257,348
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       12,085
b       671,469
c       19,276
d       257,348
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 2 960,178
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 14,051
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 14,051
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 26,600
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 332
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 12,217
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet12,217 RefundedBullet 11 0
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRICHARD GALLANT Telephone no.bullet (508) 279-4300

    Located atbulletTWO LAKESHORE CENTERBRIDGEWATERMA ZIP+4bullet02324
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    KATHLEEN LARISA DIRECTOR AND SPECIAL POJECTS
    32.00     		93,750 35,483 0
    128 UNION STREET
    NEW BEDFORD,MA02740
    PATRICK CARNEY TRUSTEE
    1.00     		0 0 0
    128 UNION STREET
    NEW BEDFORD,MA02740
    LILLIAN CARNEY PRESIDENT AND TRUSTEE
    1.00     		0 0 0
    128 UNION STREET
    NEW BEDFORD,MA02740
    COLLEEN C CARNEY TRUSTEE
    1.00     		0 0 0
    128 UNION STREET
    NEW BEDFORD,MA02740
    EDWARD H CARNEY TRUSTEE
    1.00     		0 0 0
    128 UNION STREET
    NEW BEDFORD,MA02740
    PATRICK CARNEY JR TRUSTEE
    1.00     		0 0 0
    128 UNION STREET
    NEW BEDFORD,MA02740
    GLENN OLIVEIRA EXECUTIVE DIRECTOR
    40.00     		101,347 38,169 0
    128 UNION STREET
    NEW BEDFORD,MA02740
    RICHARD GALLANT CFO
    40.00     		0 0 0
    128 UNION STREET
    NEW BEDFORD,MA02740
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    RIDGEWAY PHILANTHORY PHILANTHROPIC ADVISORY 60,000
    121 MT VERNON STREET
    BOSTON,MA02108
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 VIII-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 NONE 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    8,888,143
    b
    Average of monthly cash balances.......................
    1b
    172,995
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,061,138
    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
    9,061,138
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    135,917
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    8,925,221
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    446,261
    Part X
    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 IX, line 6..................
    1
    446,261
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    14,051
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,051
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    432,210
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    432,210
    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 XII, line 1 ...
    7
    432,210
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 432,210
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 2,114,012
    b From 2017...... 1,989,895
    c From 2018...... 1,837,958
    d From 2019...... 2,238,176
    e From 2020...... 2,114,746
    f Total of lines 3a through e ........ 10,294,787
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,241,224
    a Applied to 2020, 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 2021 distributable amount..... 432,210
    e Remaining amount distributed out of corpus 1,809,014
    5 Excess distributions carryover applied to 2021. 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 12,103,801
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		2,114,012
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		9,989,789
    10 Analysis of line 9:
    a Excess from 2017.... 1,989,895
    b Excess from 2018.... 1,837,958
    c Excess from 2019.... 2,238,176
    d Excess from 2020.... 2,114,746
    e Excess from 2021.... 1,809,014
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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).)
    PATRICK CARNEY
    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:
    KATHLEEN LARISACO CLAREMONT COMPANI
    128 UNION STREET
    NEW BEDFORD,MA02740
    (774) 202-5325
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE WRITTEN REQUESTS ON LETTERHEAD AND SHOULD PROVIDE INFORMATION REGARDING QUALIFIED CHARITABLE STATUS AND INTENDED USE OF GRANT.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE OTHER THAN AS DETAILED IN 2 (B) ABOVE.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    A PLACE TO TURN
    99 HARTFORD ST
    NATICK,MA01760     		  PC UNRESTRICTED SUPPORT OF THE ORGANIZATIONS TAX EXEMPT PURPOSE 500
    ALZHEIMER'S ASSOCIATION MASSACHUSETTSNEW HAMPSHIRE CHAPTER
    309 WAVERLEY OAKS ROAD
    WALTHAM,MA02452     		  PC HEALTH CARE 1,000
    BETHANY HILL PLACE INC
    89 BETHANY ROAD
    FRAMINGHAM,MA01702     		  PC HEALTH AND HUMAN SERVICES 500
    BIG BROTHERS BIG SISTERS OF EASTERN MASSACHUSETTS
    184 HIGH STREET 3RD FLOOR
    BOSTON,MA02110     		  PC YOUTH DEVELOPMENT 5,000
    BIKE NEWPORT
    62 BROADWAY
    NEWPORT,RI02840     		  PC COMMUNITY DEVELOPMENT 500
    BISHOP STANG HIGH SCHOOL
    500 SLOCUM ROAD
    NORTH DARTMOUTH,MA02747     		  PC CATHOLIC EDUCATION 51,000
    BOSTON CHILDREN'S HOSPITAL
    401 PARK DRIVE SUITE 602
    BOSTON,MA02215     		  PC HEALTH AND HUMAN SERVICES 2,500
    BOSTON COLLEGE
    140 COMMONWEALTH AVE
    CHESTNUT HIL,MA02467     		  PC EDUCATION 271,750
    BOSTON HEALTHCARE FOR THE HOMELESS
    780 ALBANY ST
    BOSTON,MA02118     		  PC HEALTH AND HUMAN SERVICES 500
    BOYS AND GIRLS CLUB OF DORCHESTER
    1135 DORCHESTER AVENUE
    DORCHESTER,MA02125     		  PC YOUTH DEVELOPMENT 1,000
    BOYS AND GIRLS CLUB OF GREATER NEW BEDFORD
    166 JENNEY STREET
    NEW BEDFORD,MA02740     		  PC HEALTH CARE 63,500
    BOYS AND GIRLS CLUBS OF BOSTON
    200 HIGH STREET 3RD FLOOR
    BOSTON,MA02110     		  PC YOUTH DEVELOPMENT 1,000
    BRIDGE OVER TROUBLED WATERS
    47 WEST ST
    BOSTON,MA02111     		  PC YOUTH DEVELOPMENT 500
    BURGO BASKETBALL ASSOCIATION
    101 SLOCUM RD
    DARTMOUTH,MA02747     		  PC YOUTH DEVELOPMENT 1,000
    BUTTONWOOD PARK ZOOLOGICAL SOCIETY
    425 HAWTHORN STREET
    NEW BEDFORD,MA02740     		  PC YOUTH DEVELOPMENT 10,000
    BUZZARDS BAY COALITION
    114 FRONT STREET
    NEW BEDFORD,MA02740     		  PC ENVIRONMENT 10,000
    CATHOLIC FOUNDATION OF SOUTHEASTERN MASSACHUSETTS
    450 HIGHLAND AVENUE
    FALL RIVER,MA02720     		  PC CHRISTIAN MISSION 315,000
    CENTRO COMUNITARIO DE TRABAJADORES
    1532 ACUSHNET AVE
    NEW BEDFORD,MA027462222     		  PC COMMUNITY DEVELOPMENT 7,500
    CHILD AND FAMILY SERVICES OF NEW BEDFORD
    3057 ACUSHNET AVE
    NEW BEDFORD,MA02745     		  PC HUMAN SERVICES 5,000
    CHILDREN'S ADVOCACY CENTER OF BRISTOL COUNTY
    58 ARCH STREET
    FALL RIVER,MA02724     		  PC HUMAN SERVICES 10,000
    CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGTON (CREW)
    1101 K ST NW SUITE 201
    WASHINGTON,DC20005     		  PC PUBLIC AND CIVIC BENEFIT 5,000
    COALITION FOR SOCIAL JUSTICE EDUCATION FUND
    558 PLEASANT ST STE 309
    NEW BEDFORD,MA02740     		  PC PUBLIC AND CIVIC BENEFIT 25,000
    COASTAL FOODSHED INC
    38 BLACKMER ST
    NEW BEDFORD,MA027441432     		  PC EDUCATION 50,000
    COLORADO OUTDOOR EDUCATION CENTER
    PO BOX 167
    FLORISSANT,CO80816     		  PC YOUTH DEVELOPMENT 2,500
    COMMUNITY BOATING CENTER
    1641 PADNARAM AVENUE
    NEW BEDFORD,MA02740     		  PC YOUTH DEVELOPMENT 55,181
    COMMUNITY ECONOMIC DEVELOPMENT CORPORATION (CEDC)
    1285 ACUSHNET AVE
    NEW BEDFORD,MA02746     		  PC HEALTH CARE 62,000
    COMMUNITY FOUNDATION OF SOUTHEASTERN MASS - GREATER NEW BEDFORD YOUTH ALLIA
    128 UNION STREET 403
    NEW BEDFORD,MA02740     		  PC YOUTH DEVELOPMENT 10,000
    CRADLES TO CRAYONS INC
    281 NEWTONVILLE AVENUE
    NEWTONVILLE,MA02460     		  PC YOUTH DEVELOPMENT 1,000
    CROHN'S & COLITIS FOUNDATION INC
    733 THIRD AVE SUITE 510
    NEW YORK,NY10017     		  PC MEDICAL RESEARCH 526
    DANA-FARBER CANCER INSTITUTE
    PO BOX 849168
    BROOKLINE,MA022849168     		  PC HEALTH AND HUMAN SERVICES 167,667
    DEDHAM COUNTRY DAY SCHOOL
    90 SANDY VALLEY RD
    DEDHAM,MA020265822     		  PC EDUCATION 6,000
    DEDHAM FOOD PANTRY CHARITABLE TR
    PO BOX 46
    DEDHAM,MA020270046     		  PC HEALTH AND HUMAN SERVICES 2,500
    DEDHAM SQUARE CIRCLE LTD
    PO BOX 593
    DEDHAM,MA020270593     		  PC COMMUNITY DEVELOPMENT 1,000
    DIOCESE OF PALM BEACH
    9995 NORTH MILITARY TRAIL POBOX
    109650
    PALM BEACH GARDENS,FL334109650     		  PC CHRISTIAN MISSION 5,000
    DISCOVERY LANGUAGE ACADEMY
    128 UNION STREET SUITE 300
    NEW BEDFORD,MA02740     		  PC YOUTH DEVELOPMENT 5,000
    FINCA
    1201 FIFTEENTH ST NW
    WASHINGTON,DC20005     		  PC INTERNATIONAL DEVELOPMENT 500
    FOREVER PAWS ANIMAL SHELTER
    300 LYNWOOD ST
    FALL RIVER,MA027212103     		  PC PUBLIC AND CIVIC BENEFIT 500
    FRIENDS ACADEMY
    1088 TUCKER ROAD
    DARTMOUTH,MA02747     		  PC EDUCATION 3,700
    FRIENDS OF JACK FOUNDATION
    PO BOX 419
    MATTAPOISETT,MA02739     		  PC COMMUNITY DEVELOPMENT 500
    GNOME SURF
    1510 HIGHLAND AVENUE
    FALL RIVER,MA02720     		  PC YOUTH DEVELOPMENT 7,500
    HABITAT FOR HUMANITY
    240 COMMERICAL ST 4TH FLOOR
    BOSTON,MA02109     		  PC COMMUNITY DEVELOPMENT 500
    HALE RESERVATION
    80 CARBY STREET
    WESTWOOD,MA02090     		  PC COMMUNITY DEVELOPMENT 500
    HUMANE SOCIETY & SHELTER SOUTHCOAST
    31 VENTURA DRIVE
    NORTH DARTMOUTH,MA02747     		  PC COMMUNITY DEVELOPMENT 500
    IMMIGRANTS' ASSISTANCE CENTER
    58 CRAPO STREET
    NEW BEDFORD,MA02740     		  PC EDUCATION 50,000
    INTER-CHURCH COUNCIL OF GREATER NEW BEDFORD
    128 UNION ST SUITE 100
    NEW BEDFORD,MA02740     		  PC HEALTH AND HUMAN SERVICES 1,500
    JUNIOR ACHIEVEMENT OF SOUTHERN MASS INC
    128 UNION STREET SUITE 304
    NEW BEDFORD,MA02740     		  PC EDUCATION 50,000
    MEDFIELD FOOD CUPBOARD
    PO BOX 172
    MEDFIELD,MA020520172     		  PC HEALTH AND HUMAN SERVICES 500
    MISERICORDIA HEART OF MERCY
    6300 N RIDGE AVE
    CHICAGO,IL606601017     		  PC HEALTH AND HUMAN SERVICES 500
    MY BROTHER'S KEEPER
    PO BOX 338
    EASTON,MA02375     		  PC HUMAN SERVICES 10,000
    NAACP NEW BEDFORD
    95 CEDAR ST MA
    NEW BEDFORD,MA02740     		  PC UNRESTRICTED SUPPORT OF THE ORGANIZATIONS TAX EXEMPT PURPOSE 25,000
    NATIVITY PREPARATORY SCHOOL OF NEW BEDFORD
    66 SPRING STREET
    NEW BEDFORD,MA02740     		  PC EDUCATION 10,000
    NEW BEDFORD LIGHT
    1 NONQUITT AVE
    SOUTH DARTMOUTH,MA027485024     		  PC PUBLIC AND CIVIC BENEFIT 10,000
    NEW BEDFORD SYMPHONY ORCHESTRA
    128 UNION STREET SUITE 204
    NEW BEDFORD,MA02740     		  PC EDUCATION 10,000
    NEW BEDFORD WHALING MUSEUM
    18 JOHNNY CAKE HILL
    NEW BEDFORD,MA02740     		  PC EDUCATION 10,000
    NEW BEDFORD WOMEN'S CENTER INC
    405 COUNTY STREET
    NEW BEDFORD,MA02740     		  PC UNRESTRICTED SUPPORT OF THE ORGANIZATIONS TAX EXEMPT PURPOSE 30,000
    NEW ENGLAND GRASSROOTS ENVIRONMENT FUND (NEGEF)
    PO BOX 611
    NEWMARKET,NH03857     		  PC ENVIRONMENT 10,000
    NEW ENGLAND PGA FOUNDATION INC
    81C SHREWSBURY ST PO BOX 743
    BOYLSTON,MA01505     		  PC YOUTH DEVELOPMENT 2,500
    NEW ENGLAND WILDLIFE CENTER
    500 COLUMBIAN STREET
    WEYMOUTH,MA02190     		  PC PUBLIC AND CIVIC BENEFIT 500
    NORTHSTAR LEARNING CENTERS INC
    53 LINDEN STREET
    NEW BEDFORD,MA02740     		  PC YOUTH DEVELOPMENT 1,000
    ORDER OF MALTA AMERICAN ASSOCIATION
    1011 FIRST AVENUE SUITE 1350
    NEW YORK,NY10022     		  PC CHRISTIAN MISSION 1,750
    OUR SISTERS' SCHOOL
    145 BROWNELL AVE
    NEW BEDFORD,MA02740     		  PC EDUCATION 10,000
    OUT METROWEST INC
    PO BOX 2122
    FRAMINGHAM,MA017032122     		  PC COMMUNITY DEVELOPMENT 500
    PEOPLE ACTING IN COMMUNITY ENDEAVORS INC
    166 WILLIAM ST PO BOX 5626
    NEW BEDFORD,MA02742     		  PC HUMAN SERVICES 10,000
    PHILANTHROPY MASSACHUSETTS
    133 FEDERAL STREET SUITE 802
    BOSTON,MA02110     		  PC COMMUNITY DEVELOPMENT 2,000
    PLAY BALL FOUNDATION
    60 THOREAU STREET 255
    CONCORD,MA01742     		  PC YOUTH DEVELOPMENT 2,000
    RED CLOUD INDIAN SCHOOL
    100 MISSION DR
    PINE RIDGE,SD57770     		  PC CATHOLIC EDUCATION 28,500
    REGIS COLLEGE
    235 WELLESLEY STREET
    WESTON,MA02493     		  PC EDUCATION 5,000
    RICHARD A PERRY MEMORIAL FOUNDATION INC
    1193 ASHLEY BLVD REAR
    NEW BEDFORD,MA027452419     		  PC PUBLIC AND CIVIC BENEFIT 1,000
    RODMAN RIDE FOR KIDS
    10 LINCOLN RD
    FOXBORO,MA02035     		  PC YOUTH DEVELOPMENT 1,000
    ROTCH-JONES-DUFF HOUSE AND GARDEN MUSEUM
    396 COUNTY STREET
    NEW BEDFORD,MA02470     		  PC ARTS & CULTURE 500
    SCHOLARSHIP FOR ADVANCED GUYANESE EDUCATION (SAGE)
    6218 GEORGIA AVENUE NW
    WASHINGTON,DC200115125     		  PC EDUCATION 500
    SHED CHILDREN'S CAMPUS
    65 PHILLIPS STREET
    ANDOVER,MA01810     		  PC EDUCATION 2,500
    SIGNAL FIRE
    5205 NE 19TH AVE
    PORTLAND,OR972115632     		  PC ARTS & CULTURE 5,000
    SOUTH COAST BUSINESS ALLIANCE
    398 COUNTY ST
    NEW BEDFORD,MA02740     		  PC COMMUNITY DEVELOPMENT 2,500
    SOUTHCOAST COMMUNITY FOUNDATION
    128 UNION STREET SUITE 403
    NEW BEDFORD,MA02740     		  PC COMMUNITY DEVELOPMENT 27,000
    SOUTHCOAST COMMUNITY FOUNDATION
    128 UNION STREET SUITE 403
    NEW BEDFORD,MA02740     		  PC ARTS & CULTURE 20,000
    SOUTHCOAST COMMUNITY FOUNDATION
    128 UNION STREET SUITE 403
    NEW BEDFORD,MA02740     		  PC EDUCATION 10,000
    SOUTHCOAST HEALTH
    101 PAGE ST
    NEW BEDFORD,MA02740     		  PC HEALTH AND HUMAN SERVICES 22,500
    SOUTHEASTERN MASSACHUSETTS VETERANS HOUSING PROGRAM INC
    1297 PURCHASE STREET
    NEW BEDFORD,MA02740     		  PC UNRESTRICTED SUPPORT OF THE ORGANIZATIONS TAX EXEMPT PURPOSE 50,000
    ST EDWARD CHURCH
    144 N COUNTY ROAD
    PALM BEACH,FL33480     		  PC CHRISTIAN MISSION 3,000
    ST LAWRENCE MARTYR CHURCH
    110 SUMMER ST
    NEW BEDFORD,MA02740     		  PC CHRISTIAN MISSION 10,000
    ST MARY'S PARISH
    783 DARTMOUTH STREET
    DARTMOUTH,MA02748     		  PC CHRISTIAN MISSION 5,500
    ST VINCENT DEPAUL SOCIETY
    PO BOX 1381
    MIDDLEBORO,MA02346     		  PC HEALTH AND HUMAN SERVICES 2,000
    STOUT UNIVERSITY FOUNDATION
    320 BROADWAY STREET S
    MENOMONIE,WI54751     		  PC EDUCATION 11,000
    THE BRIDGE
    351 ELM ST
    DARTMOUTH,MA02748     		  PC HEALTH CARE 10,000
    THE CHARLES RIVER SCHOOL
    PO BOX 339
    DOVER,MA02030     		  PC EDUCATION 5,000
    THE GREATER BOSTON FOOD BANK INC
    70 SOUTH BAY AVENUE
    BOSTON,MA02118     		  PC COMMUNITY DEVELOPMENT 2,500
    THE HOME FOR LITTLE WANDERERS
    10 GUEST STREET SUITE 3
    BOSTON,MA02135     		  PC YOUTH DEVELOPMENT 2,500
    THE HOPI FOUNDATION LOMASUMINAGWTUKWSIUMANI
    PO BOX 301
    KYKOTSMOVI,AZ86039     		  PC COMMUNITY DEVELOPMENT 250
    THE MARION INSTITUTE
    202 SPRING ST
    MARION,MA02738     		  PC PUBLIC AND CIVIC BENEFIT 7,500
    THE MARION INSTITUTE - STEAM THE STREETS
    202 SPRING ST
    MARION,MA02738     		  PC EDUCATION 10,000
    THE MARION INSTITUTE - THE MINDFUL COLLABORATIVE
    202 SPRING ST
    MARION,MA02738     		  PC EDUCATION 10,000
    THE SEAL FOUNDATION
    71 MAIN ST UNIT 8
    LAKEVILLE,MA02347     		  PC EDUCATION 20,000
    THE TRUSTEES
    200 HIGH STREET 4TH FLOOR
    BOSTON,MA02110     		  PC PUBLIC AND CIVIC BENEFIT 500
    TRANS LIFELINE
    195 41ST STREET 11253
    OAKLAND,CA94611     		  PC COMMUNITY DEVELOPMENT 5,000
    UNITED STATES CONFERENCE OF CATHOLIC BISHOPS (USCCB)
    3211 4TH ST NE
    WASHINGTON,DC20017     		  PC INTERNATIONAL DEVELOPMENT 50,000
    UNITED WAY OF GREATER NEW BEDFORD
    128 UNION STREET SUITE 105
    NEW BEDFORD,MA02740     		  PC COMMUNITY DEVELOPMENT 11,000
    UNITED WAY OF PALM BEACH COUNTY
    477 S ROSEMARY AVENUE SUITE 230
    WEST PALM BEACH,FL33401     		  PC PUBLIC AND CIVIC BENEFIT 1,000
    UNIVERSITY OF DENVER
    2101 S UNIVERSITY BLVD SUITE 664
    DENVER,CO80208     		  PC EDUCATION 2,500
    UNIVERSITY OF MASSACHUSETTS - DARTMOUTH
    285 OLD WESTPORT RD
    DARTMOUTH,MA02747     		  PC COMMUNITY DEVELOPMENT 13,200
    WALPOLE COMMUNITY FOOD PANTRY INC
    PO BOX 43
    WALPOLE,MA020810043     		  PC HEALTH AND HUMAN SERVICES 500
    WAYSIDE YOUTH AND FAMILY SUPPORT NETWORK
    1 FREDERICK ABBOTT WAY
    FRAMINGHAM,MA01701     		  PC HEALTH AND HUMAN SERVICES 500
    WESTWOOD COMMUNITY CHEST
    PO BOX 250
    WESTWOOD,MA020900250     		  PC PUBLIC AND CIVIC BENEFIT 1,000
    WHALE
    15 JOHNNY CAKE HILL
    NEW BEDFORD,MA02470     		  PC COMMUNITY DEVELOPMENT 5,000
    WOMEN'S FUND SOUTHCOAST
    65 WILLIAM STREET
    NEW BEDFORD,MA02740     		  PC COMMUNITY DEVELOPMENT 500
    YMCA SOUTHCOAST
    128 UNION STREET SUITE 304
    NEW BEDFORD,MA02740     		  PC COMMUNITY DEVELOPMENT 15,000
    YOUTH ENRICHMENT SERVICES
    412 MASSACHUSETTS AVE
    BOSTON,MA02118     		  PC YOUTH DEVELOPMENT 50,000
    YOUTH OPPORTUNITIES UNLIMITED INC (YOU)
    224 BROCK AVENUE
    NEW BEDFORD,MA02744     		  PC UNRESTRICTED SUPPORT OF THE ORGANIZATIONS TAX EXEMPT PURPOSE 65,000
    YWCA SOUTHEASTERN MA
    20 SOUTH SIXTH STREET
    NEW BEDFORD,MA02740     		  PC UNRESTRICTED SUPPORT OF THE ORGANIZATIONS TAX EXEMPT PURPOSE 50,000
    ZEITERION THEATRE INC
    684 PURCHASE ST
    NEW BEDFORD,MA02740     		  PC ARTS & CULTURE 7,500
    Total .................................bullet 3a 1,971,524
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........     		    14 244  
    4 Dividends and interest from securities ....          
    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 ............     		    18 960,178  
    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 1,070,173 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,070,173
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE CARNEY FAMILY CHARITABLE FOUNDATION
    C/O CLAREMONT MGMT CO
    Employer identification number

    04-6614314
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE CARNEY FAMILY CHARITABLE FOUNDATION
    C/O CLAREMONT MGMT CO         		Employer identification number
    04-6614314
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    CARNEY FAMILY IRREVOCABLE TRUST OF 1988
     
    TWO LAKESHORE CENTER
     
    BRIDGEWATER, MA02324

    		$ 1,144,870


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    CARNEY LLC
     
    TWO LAKESHORE CENTER
     
    BRIDGEWATER, MA02324

    		$ 1,355,130


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    PATRICK CARNEY
     
    128 UNION STREET
     
    NEW BEDFORD, MA02740

    		$ 2,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE CARNEY FAMILY CHARITABLE FOUNDATION
    C/O CLAREMONT MGMT CO         		Employer identification number

    04-6614314
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 SECURITIES $ 1,066,245 2021-12-16
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 SECURITIES $ 1,311,352 2021-12-16
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE CARNEY FAMILY CHARITABLE FOUNDATION
    C/O CLAREMONT MGMT CO         		Employer identification number

    04-6614314
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE CARNEY FAMILY CHARITABLE FOUNDATION
     
    C/O CLAREMONT MGMT CO
    EIN:
    04-6614314
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COHNREZNICK 2,575 1,287   0

    TY 2021 GeneralExplanationAttachment
    Name:
    THE CARNEY FAMILY CHARITABLE FOUNDATION
     
    C/O CLAREMONT MGMT CO
    EIN:
    04-6614314
    Identifier Return Reference Explanation
      FORM 990PF, PART VII-B LINE 1(A)4: THE ORGANIZATION PAYS COMPENSATION TO ONE OF ITS BOARD MEMBERS FOR HER DUTIES AS EXECUTIVE DIRECTOR OF THE ORGANIZATION. THIS MEETS THE DEFINITION OF SELF-DEALING AND AS SUCH, PART VII-B QUESTIONS 1A4 HAVE BEEN ANSWERED YES. HOWEVER, THE PAYMENTS ARE REASONABLE AND NOT EXCESSIVE. THE PAYMENT DOES NOT FAIL TO QUALIFY AS AN EXCEPTION AND THEREFORE PART VII-B QUESTION 1B HAS BEEN ANSWERED NO.

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE CARNEY FAMILY CHARITABLE FOUNDATION
     
    C/O CLAREMONT MGMT CO
    EIN:
    04-6614314
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIDELITY INVESTMENTS AT COST 7,713,003 10,648,254

    TY 2021 OtherDecreasesSchedule
    Name:
    THE CARNEY FAMILY CHARITABLE FOUNDATION
     
    C/O CLAREMONT MGMT CO
    EIN:
    04-6614314
    Description Amount
    UNREALIZED GAIN/LOSS 1,780,873


    TY 2021 OtherExpensesSchedule
    Name:
    THE CARNEY FAMILY CHARITABLE FOUNDATION
     
    C/O CLAREMONT MGMT CO
    EIN:
    04-6614314
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 17,265 17,265   0
    CABLE 479 0   0
    CELL PHONES 1,346 0   0
    COMPUTER SUPPORT SERVICES 13,958 0   0
    ENTERTAINMENT 1,357 0   0
    INTERNET 1,978 0   0
    LICENSES AND FEES 495 0   0
    MEMBERSHIP AND DUES 19,430 0   0
    OFFICE EQUIPMENT 1,522 0   0
    OFFICE SUPPLIES 1,289 0   0
    POSTAGE 518 0   0
    SUBSCRIPTIONS 1,968 0   0
    TELEPHONE 2,727 0   0
    MISCELLANEOUS EXPENSE 97 0   0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE CARNEY FAMILY CHARITABLE FOUNDATION
     
    C/O CLAREMONT MGMT CO
    EIN:
    04-6614314
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 61,596 30,798   30,798
    CONSULTING FEES 600 0   600


    TY 2021 TaxesSchedule
    Name:
    THE CARNEY FAMILY CHARITABLE FOUNDATION
     
    C/O CLAREMONT MGMT CO
    EIN:
    04-6614314
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 14,587 0   13,538
    FOREIGN TAXES 594 594   0
    STATE TAXES 70 0   70
    FEDERAL INCOME TAX 542 0   0