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 12-01-2021 , and ending 11-30-2022
Name of foundation
V EUGENE & ROSALIE DEFREITAS CHAR FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)265 FRANKLIN ST BOS-301
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02110
A Employer identification number

04-6714542
B Telephone number (see instructions)

(781) 581-4292
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$11,952,088J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 272,888 270,800  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 830,680
b Gross sales price for all assets on line 6a 4,473,183
7 Capital gain net income (from Part IV, line 2)... 830,680
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,103,568 1,101,480  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 31,885 15,943   15,943
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 900 0 0 900
c Other professional fees (attach schedule).... Click to see attachment 81,021 40,511   40,511
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 36,160 3,915   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 70     70
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 150,036 60,369 0 57,424
25 Contributions, gifts, grants paid....... 595,000 595,000
26 Total expenses and disbursements. Add lines 24 and 25 745,036 60,369 0 652,424
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 358,532
b Net investment income (if negative, enter -0-) 1,041,111
c Adjusted net income (if negative, enter -0-)... 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.............      
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,121,589 Click to see attachment10,477,248 11,952,088
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)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,121,589 10,477,248 11,952,088
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow 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........ 10,121,589 10,477,248
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 10,121,589 10,477,248
30 Total liabilities and net assets/fund balances (see instructions). 10,121,589 10,477,248
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
10,121,589
2
Enter amount from Part I, line 27a .....................
2
358,532
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,480,121
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,873
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,477,248
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 224. ABBOTT LABORATORIES INC   2018-02-28 2022-01-19
b 37. ADOBE INC.   2017-01-09 2022-01-19
c 990.096 SHENKMAN SHORT DURATION HIGH INCOME FUND   2022-01-20 2022-10-14
d 10701.482 SHENKMAN SHORT DURATION HIGH INCOME FUND   2021-08-19 2022-10-14
e 249. ADVANCED MICRO DEVICES INC   2021-01-12 2022-01-19
40. AIR PRODUCTS & CHEMICALS   2018-08-01 2022-01-19
559. ALLSTATE CORP   2019-01-08 2022-01-19
39. ALPHABET, INC. CL C   2012-07-19 2022-01-19
7. ALPHABET, INC. CL A   2012-03-09 2022-01-19
2. AMAZON.COM, INC   2016-11-22 2022-01-19
210. AMERICAN ELEC POWER CO   2020-10-16 2022-01-19
296. AMERICAN ELEC POWER CO   2020-10-16 2022-11-08
33000. AMERICAN INTERNATIONAL GROUP 2.5% 06/30/   2022-02-04 2022-10-24
80. ANALOG DEVICES   2013-12-10 2022-01-19
177. APPLE INC   2014-10-28 2022-01-19
437. APPLIED MATERIALS   2020-04-28 2022-01-19
11672.954 BAILLE GIFFORD EMERGING MARKETS EQUITIES   2021-01-13 2022-01-20
15061.119 BAILLE GIFFORD INTERNATIONAL GROWTH FUND   2020-03-16 2022-01-20
16. BLACKROCK INC.   2016-09-21 2022-01-19
5750.064 BLACKROCK EMERGING MAKTS INSTL BLACKROCK EMERGING MKTS INSTL   2022-01-20 2022-05-02
36. BROADCOM INC   2018-03-29 2022-01-19
244. CAPITAL ONE FINANCIAL CORP   2021-03-23 2022-06-27
183. CAPITAL ONE FINANCIAL CORP   2022-03-02 2022-10-14
416. CAPITAL ONE FINANCIAL CORP   2021-03-23 2022-10-14
5699.835 COLUMBIA COLUMBIA ACORN EUROPEAN FUND   2022-01-20 2022-05-02
1992. COMCAST CORP NEW CL A   2016-09-14 2022-01-19
175000. COMCAST CORP NEW CL A 3.6% 03/01/2024   2018-02-12 2021-12-03
910.671 CONESTOGA SMALL CAP FUND   2021-01-13 2022-01-20
1080. CONOCOPHILLIPS   2016-01-20 2022-01-19
13. CROWN CASTLE INC.   2019-04-23 2022-01-19
157. CROWN CASTLE INC.   2019-04-23 2022-04-19
46. DANAHER CORP   2017-06-12 2022-01-19
405. DANAHER CORP   2017-06-12 2022-04-01
103. DARDEN RESTAURANTS INC.   2021-01-12 2022-01-19
21. HOME DEPOT INC   2013-09-17 2022-01-19
56. HOME DEPOT INC   2013-09-17 2022-03-02
40. HONEYWELL INT'L INC.   2021-10-04 2022-01-19
86. INSULET CORPORATION   2021-10-04 2022-11-08
113. INTERCONTINENTAL EXCHANGE, INC.   2022-01-19 2022-05-03
761. INTERCONTINENTAL EXCHANGE, INC.   2019-03-25 2022-05-03
100000. INTERCONTEXCHANGE GROUP INC 4% 10/15/202   2018-02-08 2022-06-14
36. IQVIA HOLDINGS INC   2020-01-15 2022-01-19
152. IQVIA HOLDINGS INC   2020-01-15 2022-04-01
3562. I SHARES EMU INDEX FUND   2022-01-19 2022-03-09
1957. I SHARES MSCI EMERGING MKT INDEX   2018-01-09 2022-01-19
2416. I SHARES RUSSELL MIDCAP GROWTH   2021-01-12 2022-01-19
1150. I SHARES RUSSELL MID CAP INDEX TRUST   2022-01-19 2022-06-27
260. J P MORGAN CHASE & CO   2015-06-08 2022-01-19
68. JOHNSON & JOHNSON   2012-03-09 2022-01-19
100000. LOCKHEED MARTIN CORP 2.9% 03/01/2025   2022-02-04 2022-05-16
150000. LOWES COMPANIES INC 3.12% 04/15/2022   2017-06-23 2022-04-15
289. MARRIOTT INTERNATIONAL INC. CL A   2021-01-12 2022-01-19
44. MICROSOFT   2019-04-17 2022-01-19
117. MOTOROLA SOLUTIONS, INC.   2019-01-08 2022-01-19
50. NORTHROP GRUMMAN   2017-11-21 2022-01-19
69. NORTHROP GRUMMAN   2017-11-21 2022-04-01
156. OSHKOSH CORP   2021-01-12 2022-01-19
153. OSHKOSH CORP   2021-01-12 2022-04-01
77. PNC BANK CORP   2018-01-09 2022-01-19
297. PAYPAL HLDGS INC   2022-01-19 2022-04-19
72. PEPSICO INC   2018-11-15 2022-01-19
317. RAYTHEON TECHNOLOGIES CORP   2018-05-31 2022-01-19
249. RAYTHEON TECHNOLOGIES CORP   2018-05-31 2022-04-01
1118. SPDR PORTFOLIO INT TERM CORP BD ETF   2020-01-15 2022-01-19
3174. SPDR SPDR BLACKSTONE SENIOR LOAN ETF   2022-01-19 2022-06-01
1956. SPDR SPDR BLACKSTONE SENIOR LOAN ETF   2021-01-12 2022-06-01
1869. SPDR INDUSTRIAL SELECT   2021-01-12 2022-01-19
737. SPDR TECHNOLOGY IDX   2020-04-01 2022-01-19
132. STRYKER CORP   2020-08-25 2022-01-19
337. STRYKER CORP   2021-01-12 2022-11-02
241. SYSCO CORP   2017-08-15 2022-01-19
14. THERMO FISHER SCIENTIFIC, INC.   2021-03-25 2022-01-19
19. ULTA BEAUTY, INC.   2020-01-15 2022-01-19
48. ULTA BEAUTY, INC.   2020-01-15 2022-03-02
30. UNITEDHEALTH GROUP, INC   2018-01-09 2022-01-19
135. VISA, INC   2012-03-09 2022-01-19
181. WALMART, INC.   2019-01-08 2022-01-19
134. EATON CORP PLC   2017-10-31 2022-01-19
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 28,304   13,658 14,646
b 19,384   4,015 15,369
c 9,228   9,941 -713
d 99,738   107,764 -8,026
e 32,608   23,665 8,943
11,573   6,473 5,100
68,276   44,753 23,523
107,262   11,663 95,599
19,250   2,119 17,131
6,318   1,572 4,746
18,953   19,223 -270
26,342   27,096 -754
33,000   33,301 -301
13,210   3,921 9,289
29,815   4,711 25,104
63,797   22,381 41,416
289,606   249,509 40,097
230,736   165,823 64,913
13,334   5,889 7,445
140,129   172,789 -32,660
20,557   8,479 12,078
26,826   29,999 -3,173
17,607   26,748 -9,141
40,024   51,146 -11,122
135,257   168,088 -32,831
100,827   64,912 35,915
186,062   176,610 9,452
67,554   74,101 -6,547
94,317   53,581 40,736
2,396   1,558 838
30,311   18,738 11,573
13,264   3,866 9,398
117,412   34,041 83,371
14,409   13,159 1,250
7,605   1,598 6,007
18,058   4,261 13,797
8,504   8,552 -48
26,368   23,955 2,413
12,920   14,302 -1,382
87,008   56,032 30,976
101,586   101,116 470
8,728   5,763 2,965
36,058   24,334 11,724
145,338   173,805 -28,467
97,127   95,971 1,156
245,951   206,020 39,931
76,999   90,434 -13,435
38,927   17,474 21,453
11,383   4,414 6,969
100,000   102,806 -2,806
150,000   150,000  
45,106   36,836 8,270
13,623   5,330 8,293
28,823   13,872 14,951
20,291   15,224 5,067
30,722   21,009 9,713
18,818   15,002 3,816
15,184   14,714 470
16,202   11,459 4,743
30,946   75,556 -44,610
12,639   8,405 4,234
28,735   22,939 5,796
24,737   18,019 6,718
39,756   39,667 89
136,289   145,388 -9,099
83,989   89,865 -5,876
194,940   147,562 47,378
119,768   56,988 62,780
34,372   24,968 9,404
73,289   68,271 5,018
18,913   12,468 6,445
8,326   6,205 2,121
7,172   5,305 1,867
17,817   13,401 4,416
13,955   6,750 7,205
29,155   3,968 25,187
26,138   17,229 8,909
22,062   9,974 12,088
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
      61,170
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       14,646
b       15,369
c       -713
d       -8,026
e       8,943
      5,100
      23,523
      95,599
      17,131
      4,746
      -270
      -754
      -301
      9,289
      25,104
      41,416
      40,097
      64,913
      7,445
      -32,660
      12,078
      -3,173
      -9,141
      -11,122
      -32,831
      35,915
      9,452
      -6,547
      40,736
      838
      11,573
      9,398
      83,371
      1,250
      6,007
      13,797
      -48
      2,413
      -1,382
      30,976
      470
      2,965
      11,724
      -28,467
      1,156
      39,931
      -13,435
      21,453
      6,969
      -2,806
       
      8,270
      8,293
      14,951
      5,067
      9,713
      3,816
      470
      4,743
      -44,610
      4,234
      5,796
      6,718
      89
      -9,099
      -5,876
      47,378
      62,780
      9,404
      5,018
      6,445
      2,121
      1,867
      4,416
      7,205
      25,187
      8,909
      12,088
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 830,680
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 14,471
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 14,471
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 15,944
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,944
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 1,473
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,473 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part 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 .Click to see attachment
    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 addressbullet  
    14
    The books are in care ofbulletEASTERN BANK Telephone no.bullet (781) 581-4292

    Located atbullet605 BROADWAY LF 41SAUGUSMA ZIP+4bullet01906
    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
    EASTERN BANK TRUSTEE
    1     		31,885    
    605 BROADWAY LF 41
    SAUGUS,MA01906
    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
    NONE
    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.........................bullet  
    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
    12,725,209
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,725,209
    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
    12,725,209
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    190,878
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    12,534,331
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    626,717
    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
    626,717
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    14,471
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,471
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    612,246
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    612,246
    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
    612,246
    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 7 612,246
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 19,937
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 652,424
    a Applied to 2020, but not more than line 2a 19,937
    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..... 612,246
    e Remaining amount distributed out of corpus 20,241
    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 20,241
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		20,241
    10 Analysis of line 9:
    a Excess from 2017.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 20,241
    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).)
    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:
    CHRISTINE DREW VICE PRESIDENT
    605 BROADWAY
    SAUGUS,MA01906
    (781) 581-4292
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS ARE AVAILABLE UPON REQUEST.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS TO COLLEGES OR SEMINARS, WITHOUT REGARD TO RELIGIOUS DENOMINATION WITHIN THE CHRISTIAN BELIEFS FOR THE PURPOSE OF TEACHING AND TRAINING CHRISTIAN MISSIONARIES.
    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
    AZUSA PACIFIC UNIVERSITY
    901 E ALOSTA AVE
    Azusa,CA91702     		NONE PC SCHOLARSHIP 25,000
    NORTHPOINT BIBLE COLLEGE AND GRADUATE SC
    320 S MAIN ST
    Haverhill,MA01835     		NONE PC SCHOLARSHIP 25,000
    BOSTON COLLEGE SCHOOL OF THEOLOGY
    140 COMMONWEALTH AVE
    CHESTNUT HILL,MA02467     		NONE NONE RELIGIOUS 50,000
    BOSTON UNIVERSITY
    595 COMMONWEALTH AVE STE 700
    BOSTON,MA02215     		NONE NONE RELIGIOUS 50,000
    GORDON-CONWELL COLLEGE
    130 ESSEX STREET
    South Hamilton,MA01982     		NONE NONE EDUCATIONAL 40,000
    EASTERN NAZARENE COLLEGE
    23 E ELM AVE
    Quincy,MA02170     		NONE NONE RELIGIOUS 50,000
    GREGORIAN UNIVERSITY FOUNDATION
    3220 N STREET NW 201
    WASHINGTON DC,DC20007     		NONE PC RELIGIOUS 35,000
    DIVINE WORD COLLEGE
    102 JACOBY DRIVE
    Epworth,IA52045     		NONE NONE RELIGIOUS 50,000
    ASSEMBLIES OF GOD THEOLOGICAL SEMIN
    1111 NORTH GLENSTONE AVE
    Springfield,MO65802     		NONE NONE RELIGIOUS 20,000
    BETHANY INTERNATIONAL
    6820 AUTO CLUB ROAD STE M
    Bloomington,MN55438     		NONE NONE RELIGIOUS 40,000
    ILIFF SCHOOL OF THEOLOGY
    2323 E ILIFF AVENUE
    Denver,CO80210     		NONE NONE RELIGIOUS 40,000
    SANTA CLARA UNIVERSITY
    1735 LEROY AVENUE
    Berkeley,CA94709     		NONE NONE EDUCATIONAL 50,000
    FULLER THEOLOGICAL SEMINARY
    135 NORTH OAKLAND AVE
    Pasadena,CA91182     		NONE NONE RELIGIOUS 70,000
    CLAREMONT SCHOOL OF THEOLOGY
    1325 NORTH COLLEGE AVE
    Claremont,CA91711     		NONE NONE RELIGIOUS 50,000
    Total .................................bullet 3a 595,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		         
    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 ............     		    18 830,680  
    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) ..   1,103,568  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,103,568
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    V EUGENE & ROSALIE DEFREITAS CHAR FDN
    EIN:
    04-6714542
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 900     900

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    V EUGENE & ROSALIE DEFREITAS CHAR FDN
    EIN:
    04-6714542
    Statement:
    Massachusetts

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    V EUGENE & ROSALIE DEFREITAS CHAR FDN
    EIN:
    04-6714542
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT & T INC 53,226 54,755
    ABBOTT LABORATORIES INC 42,560 75,091
    ADOBE INC. 17,578 55,879
    AIR PRODUCTS & CHEMICALS 46,682 87,465
    ALBEMARLE CORP    
    ALLSTATE CORP    
    ALPHABET, INC. CL C    
    ALPHABET, INC. CL A 52,794 230,257
    AMAZON.COM, INC 71,259 162,187
    ANALOG DEVICES 22,440 78,907
    APPLE INC 36,694 302,721
    APPLE INC 3.45% 05/06/2024 103,175 98,448
    BANK OF AMERICA CORP 3.875% 08 124,636 123,123
    BLACKROCK INC. 54,373 104,536
    BMO TCH CORPORATE INCOME FUND    
    BOEING CO    
    BROADCOM INC 68,066 162,554
    BURLINGTON STORES, INC. 61,345 73,967
    CVS HEALTH CORP HEALTH CORPORA    
    CHEVRON CORP    
    COMCAST CORP NEW CL A    
    COMCAST CORP NEW CL A 3.6% 03/    
    CONOCOPHILLIPS 94,696 225,529
    COSTCO WHOLESALE CORP, NEW    
    CROWN CASTLE INTERNATIONAL COR 59,751 66,189
    DTE ENERGY CO. 3.85% 12/01/202    
    DANAHER CORP    
    E M C CORP 2.65% 06/01/2020    
    ELANCO ANIMAL HEALTH    
    FACEBOOK CL A    
    FEDEX CORPORATION 2.7% 04/15/2    
    GILEAD SCIENCES INC 3.65% 03/0 196,150 193,482
    HOME DEPOT INC 19,021 80,998
    HONEYWELL INT'L INC 63,929 65,645
    INTERCONTEXCHANGE GROUP INC    
    INTERCONTEXCHANGE GROUP INC 4%    
    I SHARES MSCI EMERGING MKT IND 171,985 139,189
    I SHARES BARCLAYS 7-10 YR TREA    
    I SHARES BARCLAYS 1-3 YR TR BD    
    I SHARES RUSSELL 2000 TRUST    
    I SHARES BARCLAYS 3-7 YR T    
    ISHARES A RATED CORPORATE BOND    
    J P MORGAN CHASE & CO 106,219 193,176
    JOHNSON & JOHNSON 37,665 88,110
    KEYCORP 4.15% 10/29/2025 102,060 97,407
    KIMBERLY-CLARK CORP 3.05% 08/1 50,656 48,159
    LOWES COMPANIES INC 3.12% 04/1    
    MCDONALD'S CORP    
    MCDONALDS CORP MTN 3.7% 01/30/ 198,614 195,900
    MERCK & CO INC. NEW 77,259 102,632
    METLIFE INC. 3.6% 04/10/2024 178,157 171,995
    MICROSOFT 231,749 368,422
    FEDERATED GOV'T OBLIGATION TAX 124,607 124,607
    MONSANTO CO 2.75% 07/15/2021    
    MORGAN STANLEY 2.65% 01/27/202    
    MOTOROLA SOLUTIONS, INC. 45,975 105,614
    NEXTERA ENERGY INC    
    NORTHROP GRUMMAN 59,190 107,191
    OMNICOM GROUP 3.625% 05/01/202    
    PNC BANK CORP 95,416 121,989
    PEPSICO INC 61,913 97,578
    PHILLIPS 66    
    PROCTER & GAMBLE CO    
    SPDR S&P 500 ETF TRUST    
    SPDR MSCI ACWI EX-US ETF 386,689 371,358
    SPDR S&P BIOTECH    
    SALESFORCE.COM    
    CHARLES SCHWAB    
    SYSCO CORP 50,182 82,358
    UNITED TECHNOLOGIES CORP    
    UNITEDHEALTH GROUP, INC 76,955 187,334
    UNITEDHEALTH GROUP, INC 3.75% 125,906 122,613
    VANGUARD SHORT TERM BOND ETF    
    VANGUARD EMERGING MARKETS ETF    
    VERIZON COMMUNICATIONS INC    
    VERIZON COMMUNICATIONS INC 3.4    
    VISA, INC 18,006 128,247
    WALMART, INC. 135,163 180,770
    WISDOMTREE EMERGING MKTS SM CA    
    XCEL ENERGY, INC.    
    EATON CORP PLC 55,784 112,617
    INGERSOLL RAND PLC    
    AKAMAI TECHNOLOGIES    
    AMERICAN ELEC POWER CO 99,704 107,351
    AMERICAN ELEC POWER CO 3.2% 11 184,461 160,631
    BAILLE GIFFORD EMERGING MARKET    
    BAILLE GIFFORD INTERNATIONAL G    
    BOEING CO 2.7% 02/01/2027 179,258 157,873
    FEDEX CORPORATION    
    GLOBAL PAYMENTS INC 109,964 63,306
    GUGGENHEIM HIGH YIELD FUND    
    ILLINOIS TOOL WORKS    
    IQVIA HOLDINGS INC 62,447 88,298
    I SHARES RUSSELL MIDCAP GROWTH    
    I SHARES RUSSELL 1000 INDEX FU    
    MOODYS CORP 3.25% 01/15/2028 175,263 161,429
    PRINCIPAL PREFERRED SECURITIES 172,379 159,145
    RAYTHEON TECHNOLOGIES CORP 76,997 110,073
    SPDR PORTFOLIO INT TERM CORP B 391,286 364,770
    SPDR INDUSTRIAL SELECT    
    SPDR TECHNOLOGY IDX 41,291 72,603
    STRYKER CORP 103,298 97,724
    ULTA BEAUTY, INC 42,918 76,234
    UNION PACIFIC CORP 3.95% 09/10 177,653 168,970
    APPLIED MATERIALS 39,265 81,323
    SHENKMAN SHORT DURATION HIGH I    
    ADVANCED MICRO DEVICES INC 88,737 69,867
    AMEREN CORP. 67,738 79,852
    AMGEN INC 2.2% 02/21/2027 106,065 90,748
    CAPITAL ONE FINANCIAL CORP    
    CONESTOGA SMALL CAP FUND 132,518 107,959
    DARDEN RESTAURANTS INC. 81,637 93,927
    EASTMAN CHEMICAL CO 87,062 73,194
    FACEBOOK META PLATFORMS INC 114,512 92,827
    HARTFORD FINANCIAL SERVICES 2. 210,900 170,882
    INSULET CORPORATION 66,113 74,244
    I SHARES RUSSELL MIDCAP GROWTH 171,923 159,135
    I SHARES RUSSELL 1000 VALUE IN 265,662 291,111
    MARRIOTT INTERNATIONAL INC. CL 80,682 104,667
    OSHKOSH CORP 67,703 64,817
    PAYPAL HLDGS INC    
    THERMO FISHER SCIENTIFIC, INC. 89,083 112,604
    THERMO FISHER SCIENTIFIC, INC. 215,660 177,266
    XYLEM INC. 1.95% 01/30/2028 104,520 86,275
    SPDR SPDR BLACKSTONE SENIOR LO    
    SPDR HEALTH CARE SELECT SPDR E 161,386 181,699
    ABBVIE INC 76,365 76,077
    ALLSTATE CORP 3.15% 06/15/2023 102,469 99,093
    AMERICAN INTERNATIONAL GROUP 2 67,771 63,202
    CAMDEN PROPERTY TRUST 87,534 67,866
    COLUMBIA CORPORATE INCOME FUND 343,934 292,632
    DEERE & CO 72,156 76,293
    GENERAL MILLS INC 2.875% 04/15 251,980 218,018
    HARTFORD FINANCIAL SERVICES GR 101,218 108,064
    I SHARES I BOXX INVESTMENT GRA 219,136 207,761
    KEURIG DR PEPPER INC 3.2% 05/0 255,645 219,500
    MARVELL TECHNOLOGY INC 63,236 37,821
    PARKER HANNIFIN 4.5% 09/15/202 148,419 145,266
    ROYAL PHARMA 75,145 77,519
    SERVICENOW 64,976 50,372
    TESLA INC 71,054 40,887
    U.S. BANCORP NEW 60,672 64,272
    UNITED PARCEL SERVICE 4.45% 04 102,400 98,944
    VANGUARD TAX MANAGED INTL FUND 348,982 298,661
    VANGUARD TOTAL INTERNATIONAL I 138,261 133,269
    I SHARES CORE DIVIDEND GROWTH 279,285 286,768

    TY 2021 OtherDecreasesSchedule
    Name:
    V EUGENE & ROSALIE DEFREITAS CHAR FDN
    EIN:
    04-6714542
    Description Amount
    ADJUSTMENT TO BOOK VALUE 2,873


    TY 2021 OtherExpensesSchedule
    Name:
    V EUGENE & ROSALIE DEFREITAS CHAR FDN
    EIN:
    04-6714542
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ALLOCABLE EXPENSE-PRINCI 70 0   70


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    V EUGENE & ROSALIE DEFREITAS CHAR FDN
    EIN:
    04-6714542
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 81,021 40,511   40,511


    TY 2021 TaxesSchedule
    Name:
    V EUGENE & ROSALIE DEFREITAS CHAR FDN
    EIN:
    04-6714542
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 558 558   0
    FEDERAL TAX PAYMENT - PRIOR YE 16,301 0   0
    FEDERAL ESTIMATES - PRINCIPAL 15,944 0   0
    FOREIGN TAXES ON QUALIFIED FOR 2,658 2,658   0
    FOREIGN TAXES ON NONQUALIFIED 699 699   0