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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
COGSWELL BENEVOLENT TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)1001 ELM STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MANCHESTER, NH03101
A Employer identification number

02-0235690
B Telephone number (see instructions)

(603) 622-4013
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$43,471,278J 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) 3,500
2 Check bullet.............
3 Interest on savings and temporary cash investments 972    
4 Dividends and interest from securities... 785,925 785,925  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,830,088
b Gross sales price for all assets on line 6a 15,734,698
7 Capital gain net income (from Part IV, line 2)... 4,830,088
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)....... Click to see attachment 2,594 0  
12 Total. Add lines 1 through 11........ 5,623,079 5,616,013  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 90,000 45,000   45,000
14 Other employee salaries and wages...... 38,020 19,010   19,010
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 12,490 6,245   6,245
c Other professional fees (attach schedule).... Click to see attachment 243,738 243,738   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 74,937 3,483   1,454
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 5,031 2,515   2,516
21 Travel, conferences, and meetings....... 2,000 1,000   1,000
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 28,570 14,160   14,162
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 494,786 335,151   89,387
25 Contributions, gifts, grants paid....... 1,676,485 1,676,485
26 Total expenses and disbursements. Add lines 24 and 25 2,171,271 335,151   1,765,872
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,451,808
b Net investment income (if negative, enter -0-) 5,280,862
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............. 3,776,787 2,924,536 2,924,536
2 Savings and temporary cash investments.........      
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)....... 18,041,748 Click to see attachment17,506,296 27,043,397
c Investments—corporate bonds (attach schedule)....... 8,400,331 Click to see attachment13,239,842 13,503,345
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) 30,218,866 33,670,674 43,471,278
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........ 30,218,866 33,670,674
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 30,218,866 33,670,674
30 Total liabilities and net assets/fund balances (see instructions). 30,218,866 33,670,674
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
30,218,866
2
Enter amount from Part I, line 27a .....................
2
3,451,808
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
33,670,674
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
33,670,674
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 RBC - 19012 CAP GAIN DIST P    
b RBC - 19012 P    
c RBC - 19012 P    
d RBC - 19012 P    
e RBC - 61575 P    
RBC - 61575 P    
RBC - 23312 CAP GAIN DIST P    
RBC - 23312 P    
RBC - 23312 P    
RBC - 23312 P    
RBC - 27112 P    
RBC - 27112 P    
RBC - 27112 P    
RBC - 92511 P    
RBC - 92511 P    
RBC - 45139 P    
RBC - 49051 P    
RBC - 49051 P    
RBC - 74364 P    
RBC - 74364 P    
RBC - 49055 P    
RBC - 49055 P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 197,862     197,862
b 1,931,426   577,286 1,354,140
c 1,477,772   1,194,666 283,106
d 2,481,936   1,612,957 868,979
e 1,544,460   1,264,498 279,962
1,155,285   881,027 274,258
190     190
24,886   9,572 15,314
81,218   52,587 28,631
1,342,069   818,274 523,795
214,295   205,455 8,840
88,992   90,412 -1,420
1,450,226   1,317,579 132,647
897,926   830,632 67,294
501,815   228,370 273,445
639,145   633,496 5,649
133,062   113,027 20,035
425,848   232,946 192,902
128,077   116,189 11,888
441,225   287,626 153,599
117,244   127,756 -10,512
459,739   310,255 149,484
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       197,862
b       1,354,140
c       283,106
d       868,979
e       279,962
      274,258
      190
      15,314
      28,631
      523,795
      8,840
      -1,420
      132,647
      67,294
      273,445
      5,649
      20,035
      192,902
      11,888
      153,599
      -10,512
      149,484
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 4,830,088
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 73,404
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 73,404
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 63,722
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 83,722
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,318
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet10,318 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)
    bulletNH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 ofbulletCHARLES GOODWIN Telephone no.bullet (603) 622-4013

    Located atbullet1001 ELM STREETMANCHESTERNH ZIP+4bullet031011828
    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)
     
    No
    (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
     
     
    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
    CHARLES GOODWIN TRUSTEE
    20.00     		30,000 0 0
    951 STRAW HILL
    MANCHESTER,NH03104
    PETER KACHAVOS TRUSTEE
    20.00     		30,000 0 0
    8 BEACH PLUM WAY
    HAMPTON,NH03842
    MARK NORTHRIDGE TRUSTEE
    20.00     		30,000 0 0
    344 DREW HILL ROAD
    ALTON,NH03809
    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
    RBC WEALTH MANAGEMENT INVESTMENT MANAGEMENT 231,004
    9 TRAFALGAR SQUARE
    NASHUA,NH03063
    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  
    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
    41,045,168
    b
    Average of monthly cash balances.......................
    1b
    2,428,911
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    43,474,079
    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
    43,474,079
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    652,111
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    42,821,968
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,141,098
    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
    2,141,098
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    73,404
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    73,404
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,067,694
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,067,694
    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
    2,067,694
    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 2,067,694
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,744,262
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,765,872
    a Applied to 2020, but not more than line 2a 1,744,262
    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..... 21,610
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		2,046,084
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    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
    1929-09-28
    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).)
    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:
    COGSWELL BENEVOLENT TRUST
    1001 ELM STREET
    MANCHESTER,NH03101
    (603) 622-4013
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION WITH COPY OF 501(C)(3) DETERMINATION LETTER
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    90% OF AWARDS HAVE TO STAY IN NEW HAMPSHIRE PER TRUST DOCUMENT
    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
    YMCA CAMP TAKODAH
    55 FITZWILLIAM RD
    RICHMOND,NH03470     		NONE 501(C)(3) FINANCIAL ASSISTANCE FOR CHILDREN 10,000
    YMCA CAMP NELLIE HUCKINS
    17 CAMP HUCKINS RD
    FREEDOM,NH03836     		NONE 501(C)(3) FINANCIAL AID AND EXTRA COSTS BECAUSE OF COVID 19 10,000
    WEST CENTRAL BEHAVORIAL HEALTH
    9 HANOVER STREET SUITE 2
    LEBANON,NH03766     		NONE 501(C)(3) CHILD TEAM TRAINING COSTS 20,000
    WENTWORTH-DOUGLAS HOSPITAL
    789 CENTRAL AVE
    DOVER,NH03820     		NONE 501(C)(3) TOMOSYNTHESIS MACHINE FOR BREAST HEALTH CENTER 50,000
    WAYPOINT NH
    464 CHESTNUT STREET
    MANCHESTER,NH03105     		NONE 501(C)(3) EXPAND HOMELESS YOUTH & YOUNG ADULT SERVICES IN MANCHESTER, CONCORD & THE SEACOAST REGION 50,000
    VISITING NURSE ASSOCIATION CONCORD
    30 PILLSBURY ST
    CONCORD,NH03301     		NONE 501(C)(3) TOWARDS PURCHASE OF A PATIENT CARE SIMULATOR 7,500
    VISIONS FOR CREATIVE HOSUING SOLUTIONS
    8 SUNRISE FARM LN
    ENFIELD,NH03748     		NONE 501(C)(3) CAPACITY BUILDING PROJECT 10,000
    UPPER ROOM
    36 TSIENNETO ROAD
    DERRY,NH03038     		NONE 501(C)(3) PREVENTIVE COUNSELING SERVICES 10,000
    UNITED WAY OF GREATER NASHUA STEPPING STONES
    20 BORAD ST 1
    NAHUA,NH03064     		NONE 501(C)(3) PURCHASE PORTABLE INTERNET DEVICES FOR LEARN UNITED PROGRAM 15,000
    THE WEBSTER HOUSE
    135 WEBSTER STREET
    MANCHESTER,NH03104     		NONE 501(C)(3) TO OBTAIN NEW GOVERNMENT REQUIRED ACCREDITATION FOR 2021 15,000
    SQUAM LAKES SCIENCE CENTER
    23 SCIENCE CENTER RD
    HOLDERNESS,NH03245     		NONE 501(C)(3) BUY & INSTALL A 139KW SOLAR ARRAY 10,000
    SPECIAL NEEDS SUPPORT CENTER
    20 W PARK ST STE 311
    LEBANON,NH03766     		NONE 501(C)(3) SUPPORT FOR PROGRAMS 5,000
    SPEARE MEMORIAL HOSPITAL
    16 HOSPITAL RD
    PLYMOUTH,NH03264     		NONE 501(C)(3) PURCHASE A FETAL HEART MONITOR 10,000
    SOUTHEAST NH HABITAT FOR HUMANITY
    1 MIDDLE STREET SUITE 200
    PORTSMOUTH,NH03801     		NONE 501(C)(3) OSGOOD PROJECT IN MIDDLETON 12,000
    SONSHINE SOUP KITCHEN
    4 CRYSTAL AVE
    DERRY,NH03038     		NONE 501(C)(3) SPECIAL YEAR-END SUPPORT 2,500
    SEEDS OF FAITH LYDIA'S HOUSE OF HOPE
    21 GRAND ST
    SOMERSWORTH,NH03878     		NONE 501(C)(3) REPLACE ROOF ON GRACE HOUSE 30,000
    SEACOAST COMMUNITY SCHOOL
    100 CAMPUS DR 20
    PORTSMOUTH,NH03801     		NONE 501(C)(3) BUILD OUTDOOR PLAYGROUND AT MEADOWS PRESCHOOL 5,000
    SALVATION ARMY MANCHESTER
    121 CEDAR STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) SUMMER DAY CAMP, FOOD PANTRY & EMERGENCY FINANCIAL ASSISTANCE TO HELP FAMILIES 25,000
    SALVATION ARMY MANCHESTER
    121 CEDAR STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) RED KETTLE CAMPAIGN 25,000
    RIVERBEND COMMUNITY MENTAL HEALTH
    105 LOUDON ROAD BUILDING 4
    CONCORD,NH03301     		NONE 501(C)(3) EXPANSION OF BEHAVIORAL HEALTH CRISIS SERVICES 25,000
    ON BELAY
    PO BOX 391
    NEWMARKET,NH03857     		NONE 501(C)(3) 9 FREE, ADVENTURE BASED PROGRAMS FOR 20 NH YOUTH WHO HAVE BEEN IMPACTED WITH CANCER IN FAMILY 5,000
    NH FOOD BANK
    700 E INDUSTRIAL PARK DRIVE
    MANCHESTER,NH03109     		NONE 501(C)(3) PURCHASE 86,200 POUNDS OF FOOD FOR STRUGGLING FAMILIES 50,000
    NH COMMUNITY LOAN FUND
    7 WALL ST
    CONCORD,NH03301     		NONE 501(C)(3) PURCHASE THANKSGIVING TURKEYS 50,000
    NEW DURHAM FOOD PANTRY
    5 MAIN STREET
    NEW DURHAM,NH03855     		NONE 501(C)(3) SPECIAL YEAR-END SUPPORT 2,500
    NASHUA CHILDREN'S HOME
    125 AMHERST STREET
    NASHUA,NH03064     		NONE 501(C)(3) TRANSITIONAL LIVING PROGRAM 10,000
    MOORE CENTER
    195 MCGREGOR STREET 400
    MANCHESTER,NH03031     		NONE 501(C)(3) CREATE ALTERNATIVE RESIDENTIAL SERVICES MODEL/PROGRAM 140,000
    MASONIC GRAND LODGE
    30 MONT VERNON STREET
    MILFORD,NH03055     		NONE 501(C)(3) THE "DARE" PROGRAM 2,000
    MARY & JOHN ELLIOT CHARITABLE FOUNDATION
    701 RIVERWAY PLACE BUILDING 7
    BEDFORD,NH03110     		NONE 501(C)(3) 4 YR $250,000 PLEDGE FOR CONSTRUCTION OF THE REGIONAL CANCER CENTER 50,000
    MARGUERITE'S PLACE
    87 PALM ST
    NASHUA,NH03060     		NONE 501(C)(3) PLACE-10 FAMILIES IN TRANSITIONAL HOUSING & 10 FAMILIES IN MP HOUSING PROGRAM 5,000
    MANCHESTER POLICE DEPT
    405 VALLEY ST
    MANCHESTER,NH03103     		NONE 501(C)(3) PURCHASE DJI MANIC MINI2 DRONES 4,050
    MANCHESTER HISTORIC ASSN
    220 BEDFORD ST
    MANCHESTER,NH03101     		NONE 501(C)(3) UPGRADE TECHNOLOGY SYSTEM 12,500
    LIVE & LET LIVE FARM INC
    20 PARADISE LANE
    CHICHESTER,NH03258     		NONE 501(C)(3) SMALL ANIMAL ADOPTION AND REHABILITATION CENTER 10,000
    LAKES REGION COMMUNITY DEVELOPERS
    193 COURT ST
    LACONIA,NH03246     		NONE 501(C)(3) INSTALL A FENCE AROUND PLAYGROUND AT HOUSING FACILITY 5,000
    KURN HATTIN HOMES FOR CHILDREN
    708 KURT HATTIN ROAD
    WESTMINSTER,VT05158     		NONE 501(C)(3) SUPPORT UNINSURED MEDICAL NEEDS FOR NH CHILDREN 5,000
    KURN HATTIN HOMES FOR CHILDREN
    708 KURT HATTIN ROAD
    WESTMINSTER,VT05158     		NONE 501(C)(3) DEFRAY SPECIAL OUTPATIENT EXPENSES FOR NH CHILDREN (FOR 2020) 3,522
    KISMET ROCK FOUNDATION
    PO BOX 1744
    NORTH CONWAY,NH03860     		NONE 501(C)(3) SUPPORT MANCHESTER STUDENTS DURING SUMMER SEASON 5,000
    KINGSTON YOUTH CENTER
    565 CENTER ST
    WOLFEBORO,NH03894     		NONE 501(C)(3) REPAVE PARKING LOT 5,000
    JESSE REMINGTON HS
    12 STEVENS LN
    CANDIA,NH03034     		NONE 501(C)(3) RENOVATE SMYTH MEMORIAL BUILDING 10,000
    HOME HEALTH & HOSPICE CARE
    7 EXECUTIVE PARK DR
    MERRIMACK,NH03054     		NONE 501(C)(3) NEED FOR IMMEDIATE REPLACEMENT OF SEWER SYSTEM 20,000
    HEALTHY AT HOME
    77 NORTHEASTERN BLVD
    NASHUA,NH03062     		NONE 501(C)(3) HELP LOW-INCOME, HOMEBOUND PEOPLE ACHIEVE INDEPENDENCE & SAFETY 25,000
    GRANITE UNITED WAY
    228 MAPLE STREET 4TH FLOOR
    MANCHESTER,NH03103     		NONE 501(C)(3) 2021 ANNUAL CAMPAIGN 25,000
    GRANITE UNITED WAY
    228 MAPLE STREET 4TH FLOOR
    MANCHESTER,NH03103     		NONE 501(C)(3) BUILD AN ADDITIONAL BATH & SHOWER HOUSE AT CAMP FOSS, 1ST PMT ON $100,000 PLEDGE 50,000
    GIRLS INC OF NH
    815 ELM STREET SUITE 4A
    MANCHESTER,NH03101     		NONE 501(C)(3) CENTER PLAYGROUND PROJECT 25,000
    GIBSON CENTER
    14 GROVE ST
    NORTH CONWAY,NH03860     		NONE 501(C)(3) PURCHASE WASHING MACHINES & GENERATOR 15,000
    GATHER
    210 W RD 3
    PORTSMOUTH,NH03801     		NONE 501(C)(3) SUPPORT MEALS 4 KIDS PROGRAM & SUPPORT TAKE OUT HUNGER CAMPAIGN 15,000
    GATEWAYS COMMUNITY SERVICES
    144 CANAL ST
    NASHUA,NH03064     		NONE 501(C)(3) DOLLARS FOR DENTAL PROGRAM 5,000
    FUTURE IN SIGHT
    25 WALKER ST
    CONCORD,NH03301     		NONE 501(C)(3) LIVING WELL WITH VISION LOSS INITIATIVE 25,000
    FRIENDS OF VETERANS
    222 HOLIDAY DR STE 20
    WHITE RIVER JUNCTION,VT05001     		NONE 501(C)(3) PREVENT HOMELESSNESS FOR NH & VT VETERANS 5,000
    FARMSTEADS OF NE
    213 CENTER ROAD
    HILLSBOROUGH,NH03244     		NONE 501(C)(3) WALK-IN COOLER 12,000
    FAMILY RECOURCE CENTER
    123 MAIN ST
    GORHAM,NH03581     		NONE 501(C)(3) FRESH START SUPPORT PROGRAM 5,000
    FAMILY PROMISE OF SOUTHERN NH
    180 LOWELL ROAD
    HUDSON,NH03051     		NONE 501(C)(3) DAYCARE ASSISTANCE FOR FAMILIES IN RESIDENTIAL PROGRAM 10,000
    FAMILIES IN TRANSITION
    122 MARKET ST
    MANCHESTER,NH03801     		NONE 501(C)(3) NEW HORIZONS THANKSGIVING BREAKFAST 25,000
    FAMILIES IN TRANSITION
    122 MARKET ST
    MANCHESTER,NH03101     		NONE 501(C)(3) SUPPORT 31ST ANNUAL WALK AGAINST HUNGER 25,000
    FAMILIES IN TRANSITION
    122 MARKET ST
    MANCHESTER,NH03101     		NONE 501(C)(3) MANCHESTER EMERGENCY FAMILY SHELTER 100,000
    ENFIELD SHAKER MUSEUM
    447 NH ROUTE 4A
    ENFIELD,NH03748     		NONE 501(C)(3) WIRELESS NETWORK INFRASTRUCTURE IN THE GREAT STONE DWELLING 5,000
    EASTER SEALS NEW HAMPSHIRE
    25 LOWELL STREET
    MANCHESTER,NH03101     		NONE 501(C)(3) SUSTAIN ADULT DAY PROGRAMMING, VIRTUAL DAY SUPPORTS & DEVELOP SENIOR TELEHEALTH SERVICES 75,000
    DENTAL LIFELINE NETWORK NH
    PO BOX 3487
    CONCORD,NH03302     		NONE 501(C)(3) SUPPORT DONATED DENTAL SERVICES PROGRAM 10,000
    CONCORD HOSPITAL TRUST
    250 PLEASANT ST
    CONCORD,NH03301     		NONE 501(C)(3) MANAGEMENT OF AGGRESSIVE BEHAVIORS TRAINING 10,000
    CONCORD CHORALE
    PO BOX 160
    CONCORD,NH03302     		NONE 501(C)(3) COST TO PREPARE & PRODUCE THE SPRING CONCERT 5,000
    COMMUNITY KITCHEN INC
    37 MECHANIC ST
    KEENE,NH03431     		NONE 501(C)(3) $10,000 FOR COALITION 0F FOOD PANTRIES & $2,500 FOR THE FALL MOUNTAIN FOOD SHELF 12,500
    CLAREMONT SOUP KITCHEN
    53 CENTRAL STREET
    CLAREMONT,NH03743     		NONE 501(C)(3) SUPPORT FOR SOUP KITCHEN 2,500
    CHILDRENS CENTER (WOLFEBORO)
    180 MAIN ST
    WOLFEBORO,NH03894     		NONE 501(C)(3) SUPPORT TUITION PAYMENT PROGRAM 5,000
    CATHOLIC MEDICAL CENTER
    100 MCGREGOR ST
    MANCHESTER,NH03102     		NONE 501(C)(3) EXPANSION OF EMERGENCY DEPARTMENT & HEART CENTER 150,000
    CANDIA TOWN OF
    74 HIGH STREET
    CANDIA,NH03034     		NONE GOV SUPPORT FOR CANDIA FOOD PANTRY 2,500
    CAMP SUNSHINE
    35 ACADIA RD
    CASCO,ME04015     		NONE 501(C)(3) FAMILY SPONSORSHIP PROGRAM 5,000
    CALEB CAREGIVERS
    16 HIGHLAND ST 98
    WHITEFIELD,NH03598     		NONE 501(C)(3) COOS COUNTY EXPANSION PROJECT 5,000
    BRIDGES DOMESTIC & SEXUAL VIOLENCE SUPPORT SERVICES
    16 ELM STREET 2
    MILFORD,NH03055     		NONE 501(C)(3) INSTALL SECURITY SYSTEM IN BRIGIDS HOUSE 10,000
    BOYS & GIRLS CLUB OF GREATER SALEM
    3 GEREMONTY DR
    SALEM,NH03079     		NONE 501(C)(3) REPLACE 6 OUTDOOR BASKETBALL HOOPS 10,000
    BOY SCOUTS OF AMERICA
    18 FOLSOM RD
    DERRY,NH03038     		NONE 501(C)(3) CONVERT SPACE AT CAMP CARPENTER INTO NEW OFFICE 10,000
    BEST BUDDIES NH
    555 AUBURN ST
    MANCHESTER,NH03103     		NONE 501(C)(3) PROGRAM SUPPORT 5,000
    BEKTASH TEMPLE
    189 PEMBROKE ROAD
    CONCORD,NH03302     		NONE 501(C)(3) $3,000 EACH SHRINE BURNS INSTITUTE IN BOSTON & SHRINE HOSPITAL FOR CRIPPLED 6,000
    BARTON CENTER FOR DIABETES EDUCATION INC
    PO BOX 356
    NORTH OXFORD,MA01537     		NONE 501(C)(3) CAMPERSHIPS 28,000
    ARTS IN REACH
    521 WENTWORTH RD
    NEW CASTLE,NH03854     		NONE 501(C)(3) SCHOLARSHIPS FOR 10 GIRLS TO ATTEND SUMMER PROGRAM SUMMERWORKS 5,000
    APPALACHIAN MOUNTAIN CLUB
    10 CITY SQUARE
    BOSTON,MA02129     		NONE 501(C)(3) SUSTAINED EDUCATIONAL PROGRAMMING FOR COOS COUNTY YOUTH GRADES 4-12 7,500
    AMERICAN RED CROSS OF NEW HAMPSHIRE
    2 MAITLAND STREET
    CONCORD,NH03301     		NONE 501(C)(3) NH AND VT DISASTER RELIEF SERVICES 10,000
    AMERICAN INDEPENDENCE MUSEUM
    1 GOVERNORS LANE
    EXETER,NH03833     		NONE 501(C)(3) MUSEUM MASONARY REPAIRS TO THE LADD-GILMAN HOUSE'S CARETAKER COTTAGE 10,000
    ALTON COMMUNITY SERVICES
    141 MAIN STREET
    ALTON,NH03809     		NONE 501(C)(3) SUPPORT FOR FOOD PANTRY 2,500
    ACADEMY OF APPLIED SCIENCE
    PO BOX 705
    CONTOOCOOK,NH03229     		NONE 501(C)(3) EXPANSION OF THE YOUNG INVENTORS PROGRAM 5,000
    LIFE MINISTRIES FOOD PANTRY
    264 MAIN STREET
    WOLFEBORO,NH03894     		NONE 501(C)(3) SUPPORT FOR FOOD PANTRY 2,500
    LISTEN COMMUNITY SERVICES
    60 HANOVER STREET
    LEBANON,NH03766     		NONE 501(C)(3) FOOD PANTRY PROGRAM 10,000
    LOVERING HEALTH CENTER
    559 PORTSMOUTH AVE
    GREENLAND,NH03840     		NONE 501(C)(3) MAKE REPRODUCTIVE HEALTHCARE TO UNINSURED & UNDERINSURED PATIENTS 10,000
    MAYNARD HOUSE
    17 SOUTH ST
    HANOVER,NH03755     		NONE 501(C)(3) LODGING FOR TREAVELING PATIENTS & THEIR FAMILIES 15,000
    MONADNOCK FAMILY SERVICES
    9 VOSE FARM RD 120
    PETERBOROUGH,NH03458     		NONE 501(C)(3) OPPORTUNITY & HOPE CAMPAIGN 25,000
    MOUNT SAINT MARY ACADEMY
    2291 ELM ST
    MANCHESTER,NH03104     		NONE 501(C)(3) CAPITAL IMPROVEMENTS REPLACE ROOF 20,000
    NORTHEAST PASSAGE
    121 TECHNOLOGY DRIVE 161
    DURHAM,NH03824     		NONE 501(C)(3) BUY ADAPTIVE RECREATION EQUIPMENT FOR PEOPLE WITH DISABILITIES 10,113
    POPE MEMORIAL COCHECO VALLEY HUMANE SOCIETY
    221 COUNTY FARM RD
    DOVER,NH03820     		NONE 501(C)(3) SOUND PROOFING & DRAIN DITCHES FOR KENNELS 10,000
    REACH OUT & READ
    89 SOUTH ST SUITE 201
    BOSTON,MA02111     		NONE 501(C)(3) PROGRAM SUPPORT IN MANCHESTER 5,000
    SHRINERS HOSPITAL
    51 BLOSSOM ST
    BOSTON,MA02114     		NONE 501(C)(3) #HALFMYDAF 2021 MATCHING -GRANT CHALLENGE 3,000
    STEPPING STONES
    3 PINE STREET
    NASHUA,NH03060     		NONE 501(C)(3) SUPPORT DROP-IN CENTER FOR HOMELESS YOUTH 20,000
    SUMMER CAMPS
    PO BOX 3432
    CONCORD,NH03302     		NONE 501(C)(3) FUND 30 CAMPERSHIPS FOR NH GIRLS 8,800
    SCOTTISH RITE
    33 MARRETT RD
    LEXINGTON,MA02421     		NONE 501(C)(3) SUPPORT FOR CHARITIES IN THE MOST NEED 2,000
    TRIANGLE CLUB
    120 BROADWAY
    DOVER,NH03820     		NONE 501(C)(3) HOST & OVERSEE FACILITY YOUTH BY SUPPORT GROUPS 10,000
    UPPER VALLEY HAVEN
    713 HARTFORD AVE
    WHITE RIVER JUNCTION,VT05001     		NONE 501(C)(3) PROGRAM SUPPORT TO PROVIDE ACCESS TO FOOD & SHELTER FOR THOSE IN NEED 5,000
    THE WEBSTER HOUSE
    135 WEBSTER STREET
    MANCHESTER,NH03104     		NONE 501(C)(3) CREATE NEW RESIDENT RECREATION ROOM 15,000
    Total .................................bullet 3a 1,676,485
    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 ...........     		    14 972  
    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 ............     		        4,830,088
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		525990 2,594      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 2,594 972 5,616,013
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,619,579
    (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.)
    4 INCOME GENERATED FROM INVESTMENTS PROVIDE NECESSARY CASH FLOWS
    8 TO MAKE CONTRIBUTIONS REQUESTED FROM THE COGSWELL BENEVOLENT TRUST
    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

    TY 2021 AccountingFeesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 12,490 6,245   6,245

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VARIOUS 13,239,842 13,503,345

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VARIOUS 17,506,296 27,043,397

    TY 2021 OtherExpensesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 3,970 1,985   1,985
    INSURANCE 23,360 11,680   11,680
    UTILITIES 917 458   459
    STATE FILING FEES 75 37   38
    PENALTIES 248 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 2,594   2,594


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 243,738 243,738   0


    TY 2021 TaxesSchedule
    Name:
    COGSWELL BENEVOLENT TRUST
    EIN:
    02-0235690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 2,909 1,455   1,454
    FOREIGN TAXES WITHHELD 2,028 2,028   0
    FEDERAL TAXES 70,000 0   0