Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
The Bay State Federal Savings
Charitable Foundation
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 1190
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Sagamore Beach, MA02562
A Employer identification number

04-3415547
B Telephone number (see instructions)

(617) 225-2822
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$14,282,747J 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 right arrow.............
3 Interest on savings and temporary cash investments 52,645 52,645  
4 Dividends and interest from securities... 251,062 251,062  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 402,869
b Gross sales price for all assets on line 6a 1,710,718
7 Capital gain net income (from Part IV, line 2)... 402,869
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 706,576 706,576  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 230,836 0   230,836
14 Other employee salaries and wages...... 9,318 0   9,318
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,000 2,500   2,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
55,346 50,947   4,399
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,208 1,208   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
29,954 0   31,528
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 331,662 54,655   278,581
25 Contributions, gifts, grants paid....... 458,800 458,800
26 Total expenses and disbursements. Add lines 24 and 25 790,462 54,655   737,381
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -83,886
b Net investment income (if negative, enter -0-) 651,921
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 1,000 1,000 1,000
2 Savings and temporary cash investments......... 219,430 525,647 525,647
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,174,693 Click to see attachment
List of Attached Documents:
// Content
774,492 		774,492
b Investments—corporate stock (attach schedule)....... 10,232,779 Click to see attachment
List of Attached Documents:
// Content
12,211,179 		12,211,179
c Investments—corporate bonds (attach schedule)....... 387,424 Click to see attachment
List of Attached Documents:
// Content
389,148 		389,148
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 355,484 Click to see attachment
List of Attached Documents:
// Content
362,625 		362,625
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
18,656 		Click to see attachment
List of Attached Documents:
// Content
18,656
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,370,810 14,282,747 14,282,747
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 12,370,810 14,282,747
29 Total net assets or fund balances (see instructions)..... 12,370,810 14,282,747
30 Total liabilities and net assets/fund balances (see instructions). 12,370,810 14,282,747
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
12,370,810
2
Enter amount from Part I, line 27a .....................
2
-83,886
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,995,823
4
Add lines 1, 2, and 3 ..........................
4
14,282,747
5
Decreases not included in line 2 (itemize) right arrow
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
14,282,747
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities      
b Capital Gains Dividends P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,705,065   1,307,849 397,216
b 5,653     5,653
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       397,216
b       5,653
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 402,869
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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 right arrow 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) 1 9,062
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 9,062
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 9,062
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 17,240
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,240
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 8,178
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow8,178 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowMA, DE
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowwww.baystatecharitable.com
14
The books are in care ofright arrowDenise Renaghan Telephone no.right arrow (617) 225-2822

Located atright arrowPO Box 1190Sagamore BeachMA ZIP+4right arrow02562
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
Denise M Renaghan President/Director
30.00 		85,000 90,836 0
PO Box 1190
Sagamore Beach,MA02562
Anthony Caruso Secretary/Director
4.00 		15,000 15,000 0
PO Box 1190
Sagamore Beach,MA02562
Michael O Gilles Treasurer/Director
4.00 		10,000 10,000 0
PO Box 1190
Sagamore Beach,MA02562
Brenda T Harrington Director
1.00 		5,000 0 0
PO Box 1190
Sagamore Beach,MA02562
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
Bank of America Investment Management 50,947
PO Box 653067
Dallas,TX75265
Total number of others receiving over $50,000 for professional services.............right arrow0
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
12,925,681
b
Average of monthly cash balances.......................
1b
331,747
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,257,428
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
13,257,428
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
198,861
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,058,567
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
652,928
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
652,928
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
9,062
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,062
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
643,866
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
643,866
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
643,866
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
737,381
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
737,381
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 643,866
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 47,472
b From 2019...... 77,505
c From 2020......  
d From 2021...... 54,096
e From 2022...... 117,554
f Total of lines 3a through e ........ 296,627
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 737,381
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 643,866
e Remaining amount distributed out of corpus 93,515
5 Excess distributions carryover applied to 2023. 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 5 390,142
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		47,472
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		342,670
10 Analysis of line 9:
a Excess from 2019.... 77,505
b Excess from 2020....  
c Excess from 2021.... 54,096
d Excess from 2022.... 117,554
e Excess from 2023.... 93,515
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Denise Renaghan The Bay State Feder
PO Box 1190
Sagamore Beach,MA02562
(617) 225-2822
info@baystatecharitable.com
bThe form in which applications should be submitted and information and materials they should include:
Grant Application Package or Written Letter with 501(c)(3) IRS 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:
To support community organizations that contribute to improving quality of life.
Form 990-PF (2023)
Form 990-PF (2023)
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

Adult & Teen Challenge New England and New Jersey

1311 Main Street
Brockton,MA02301 		N/A PC General Operating Support 2,500

ALS Association Florida Chapter

3242 Parkside Center Circle
Tampa,FL33619 		N/A PC General Operating Support 1,000

Alzheimer's Association

225 North Michigan Avenue 1700
Chicago,IL60601 		N/A PC General Operating Support 1,500

American Cancer Society

3380 Chastain Meadows Parkway
Kennesaw,GA30144 		N/A PC General Operating Support 5,000

American Heart Association

7272 Greenville Avenue
Dallas,TX75231 		N/A PC General Operating Support 2,500

American Institute for Cancer Research

1560 Wilson Boulevard 1000
Arlington,VA22209 		N/A PC General Operating Support 1,000

American Red Cross

431 18th Street NW
Washington,DC20006 		N/A PC General Operating Support 5,000

Archdiocese for the Military Services

PO Box 4469
Washington,DC20017 		N/A PC General Operating Support 5,000

Belmont Youth Baseball Inc

PO Box 311
Belmont,MA02478 		N/A PC General Operating Support 1,000

Best Buddies International Inc

100 Southeast 2nd Street Suite 2200
Miami,FL33131 		N/A PC General Operating Support 2,500

Beth Israel Deaconess Medical Center

330 Brookline Avenue
Boston,MA02215 		N/A PC General Operating Support 2,500

Boston Chinatown Neighborhood Center

38 Ash Street
Boston,MA02111 		N/A PC General Operating Support 1,000

Boston University

One Silber Way
Boston,MA02215 		N/A PC General Operating Support 1,500

Brigham and Women's and Faulkner Hospital

263 Huntington Avenue 318
Boston,MA02115 		N/A PC General Operating Support 2,500

Brookline Arts Center

86 Monmouth Street
Brookline,MA02446 		N/A PC General Operating Support 1,000

Brookline Center for Community Mental Health

41 Garrison Road
Brookline,MA02445 		N/A PC General Operating Support 5,000

Brookline Community Foundation

40 Webster Place
Brookline,MA02445 		N/A PC General Operating Support 1,000

Brookline Food Pantry

PO Box 45
Brookline,MA02446 		N/A PC General Operating Support 5,000

Brookline High School

115 Greenough Street
Brookline,MA02445 		N/A GOV General Operating Support 3,500

Brookline Multi Service Senior Center Corp

93 Winchester Street
Brookline,MA02446 		N/A PC General Operating Support 10,000

Brotherhood of Hope

PO Box 200057
Boston,MA02120 		N/A PC General Operating Support 4,500

Cape Cod Healthcare Foundation

25 Communication Way
Hyannis,MA02601 		N/A PC General Operating Support 1,500

Care Dimensions

75 Sylvan Street Suite B-102
Danvers,MA01923 		N/A PC General Operating Support 1,500

Caritas Communities

25 Braintree Hill Office Park 206
Braintree,MA02184 		N/A PC General Operating Support 5,000

Catholic Charities USA

2050 Ballenger Avenue Suite 400
Alexandria,VA22314 		N/A PC General Operating Support 5,000

Catholic Memorial School

235 Baker Street
West Roxbury,MA02132 		N/A PC General Operating Support 5,000

Catholic Relief Services

228 West Lexington Street
Baltimore,MD21201 		N/A PC General Operating Support 5,000

Catholic Schools Foundation

67 Batterymarch Street 6th Floor
Boston,MA02110 		N/A PC General Operating Support 2,500

Charles River Center

59 East Militia Heights Drive
Needham,MA02492 		N/A PC General Operating Support 2,500

Children's Hospital Boston

300 Longwood Avenue
Boston,MA02115 		N/A PC General Operating Support 2,000

Children's Law Center of Massachusetts

PO Box 710 298 Union Street
Lynn,MA01903 		N/A PC General Operating Support 4,000

Children's Specialized Hospital Foundation

150 New Providence Road
Mountainside,NJ07092 		N/A PC General Operating Support 1,000

Coast Guard Foundation

394 Taugwonk Road
Stonington,CT06378 		N/A PC General Operating Support 2,500

Community Hospice of Northeast Florida Foundation

4266 Sunbeam Road
Jacksonville,FL32257 		N/A SO I General Operating Support 1,500

Compassionate Care ALS

PO Box 1052
West Falmouth,MA025741052 		N/A PC General Operating Support 3,500

Cooley's Anemia Foundation

330 Seventh Avenue Suite 200
New York,NY10001 		N/A PC General Operating Support 1,500

Cotting School Inc

453 Concord Avenue
Lexington,MA02421 		N/A PC General Operating Support 2,500

Covenant House

461 Eighth Avenue
New York,NY10001 		N/A PC General Operating Support 2,000

CRUDEM Foundation Inc

PO Box 804
Ludlow,MA01056 		N/A PC General Operating Support 2,000

Crystal Springs Inc

38 Narrows Road
Assonet,MA02702 		N/A PC General Operating Support 2,500

Cured NFP

2937 Bayberry Drive
Buffalo Grove,IL60089 		N/A PC General Operating Support 1,000

Cystic Fibrosis Foundation

4550 Montgomery Avenue
Bethesda,MD20814 		N/A PC General Operating Support 2,500

Dana Farber Cancer Institute

450 Brookline Avenue
Boston,MA02215 		N/A PC General Operating Support 1,000

Dedham Food Pantry

PO Box 46
Dedham,MA02027 		N/A PC General Operating Support 5,000

Doctors Without Borders

40 Rector Street 16th Floor
New York,NY10006 		N/A PC General Operating Support 2,500

Doug Flutie Jr Foundation for Autism

PO Box 2157
Framingham,MA01703 		N/A PC General Operating Support 1,000

Dove Inc

PO Box 690267
Quincy,MA02269 		N/A PC General Operating Support 5,000

Ecumenical Community Food Pantry of Norwood

150 Chapel Street
Norwood,MA02062 		N/A PC General Operating Support 5,000

Elizabeth Stone House

PO Box 300039
Jamaica Plain,MA02130 		N/A PC General Operating Support 2,500

Empower Her Inc

759 Chief Justice Cushing Highway
Cohasset,MA02025 		N/A PC General Operating Support 2,500

English at Large

800 W Cummings Park Suite 550
Woburn,MA01801 		N/A PC General Operating Support 2,000

Eternal Word Television Network

5817 Old Leeds Road
Irondale,AL35210 		N/A PC General Operating Support 3,000

Exponent Philanthropy Association of Small Foundations

1720 N Street NW
Washington,DC20036 		N/A PC General Operating Support 750

Father Bill's & Mainspring

430 Belmont Street
Brockton,MA02301 		N/A PC General Operating Support 5,000

Franciscan Hospital for Children

30 Warren Street
Brighton,MA02135 		N/A PC General Operating Support 2,500

Franciscan Missionary Sisters for Africa

172 Foster Street
Brighton,MA02135 		N/A PC General Operating Support 9,000

Friends of Sherborn Council on Aging

PO Box 271
Sherborn,MA01770 		N/A PC General Operating Support 4,000

Friends of Thai Daughters Inc

PO Box 370
Trevett,ME04571 		N/A PC General Operating Support 2,500

Friends of the Orphans NPH USA

134 North La Salle Street Suite 500
Chicago,IL60602 		N/A PC General Operating Support 500

Goddard House

165 Chestnut Street
Brookline,MA02445 		N/A PC General Operating Support 3,000

Greater Boston Food Bank

70 S Bay Avenue
Boston,MA02118 		N/A PC General Operating Support 5,000

Guild School for Human Services

521 Virginia Road
Concord,MA01742 		N/A PC General Operating Support 2,500

Habitat for Humanity - Greater Boston

434 Massachusetts Avenue Suite 201
Boston,MA02118 		N/A PC General Operating Support 5,000

Hale-Barnard Corporation

273 Clarendon Street
Boston,MA02116 		N/A PC General Operating Support 1,000

Holy Trinity Armenian Church

145 Brattle Street
Cambridge,MA02138 		N/A PC General Operating Support 1,000

Home for Little Wanderers

10 Guest Street Suite 3
Boston,MA02135 		N/A PC General Operating Support 1,000

Homes for Our Troops

6 Main Street
Taunton,MA02780 		N/A PC General Operating Support 1,000

Hope for Haiti

1021 5th Avenue North
Naples,FL34102 		N/A PC General Operating Support 5,000

Hospitality Homes

PO Box 15265
Boston,MA02215 		N/A PC General Operating Support 5,000

House of Possibilities Inc

350 Washington Street
North Easton,MA02356 		N/A PC General Operating Support 2,250

Hydrocephalus Association

4340 East West Highway 905
Bethesda,MD20814 		N/A PC General Operating Support 1,000

Interfaith Social Services

105 Adams Street
Quincy,MA02169 		N/A PC General Operating Support 8,000

Jackson Walnut Park School

637 Cambridge Street
Brighton,MA02135 		N/A PC General Operating Support 2,500

JDRF International

200 Vesey Street 28th Floor
New York,NY10281 		N/A PC General Operating Support 1,000

Jett Foundation

36 Cordage Park Circle Suite 328
Plymouth,MA02360 		N/A PC General Operating Support 1,000

Jewish Family & Children's Services

1430 Main Street
Waltham,MA02451 		N/A PC General Operating Support 2,500

John M Barry Boys & Girls Club

675 Watertown Street
Newton,MA02460 		N/A PC General Operating Support 1,500

Journey to Parenthood

PO Box 553
Norwood,MA02062 		N/A PC General Operating Support 1,500

KeepSmilin4Abbie Foundation

31 Forest Lane
Hopkinton,MA01748 		N/A PC General Operating Support 1,500

Khan Academy

PO Box 1630
Mountain View,CA94042 		N/A PC General Operating Support 3,000

Knights of Columbus Charities

One Columbus Plaza
New Haven,CT06510 		N/A PC General Operating Support 5,000

Little People's School Inc

1507 Washington Street
West Newton,MA02465 		N/A PC General Operating Support 5,000

Make A Wish Foundation of MARI

133 Federal Street 2nd Floor
Boston,MA02110 		N/A PC General Operating Support 1,000

Manet Community Health Center

110 West Squantum Street
North Quincy,MA02171 		N/A PC General Operating Support 3,500

Marblehead Counseling Center

66 Clifton Avenue
Marblehead,MA01945 		N/A PC General Operating Support 1,500

Marian Manor

33 Summer Street
Taunton,MA02780 		N/A PC General Operating Support 5,000

Mass Association of the Blind & Visually Impaired

200 Ivy Street
Brookline,MA02446 		N/A PC General Operating Support 1,500

Massachusetts General Hospital

55 Fruit Street
Boston,MA02114 		N/A PC General Operating Support 5,000

Matthew C Sellitto Foundation

PO Box 1
New Vernon,NJ07976 		N/A PC General Operating Support 5,000

Mission Local

5 Mulberry Lane
South Walpole,MA02071 		N/A PC General Operating Support 1,000

Mission of Deeds

6 Chapin Avenue
Reading,MA01867 		N/A PC General Operating Support 4,000

Multiple Sclerosis Society

465 Waverly Oaks Road
Waltham,MA02452 		N/A PC General Operating Support 3,500

Muscular Dystrophy Association Inc

1016 West Jackson Blvd 1073
Chicago,IL60607 		N/A PC General Operating Support 1,000

My Brother's Keeper Inc

PO Box 338
North Easton,MA02356 		N/A PC General Operating Support 5,000

Naples Senior Center

6200 Autumn Oaks Lane
Naples,FL34119 		N/A PC General Operating Support 2,500

National Kidney Foundation

30 E 33rd Street
New York,NY10016 		N/A PC General Operating Support 2,500

Neighborhood Health Clinic Inc

88 12th Street North Suite 100
Naples,FL34102 		N/A PC General Operating Support 2,500

Neurofibromatosis Inc Northeast

9 Bedford Street
Burlington,MA01803 		N/A PC General Operating Support 2,000

New England Center and Home for Veterans

17 Court Street
Boston,MA02108 		N/A PC General Operating Support 2,500

New England Center for Children

33 Turnpike Road
Southborough,MA01772 		N/A PC General Operating Support 5,000

Newton Wellesley Hospital

2014 Washington Street
Newton,MA02462 		N/A PC General Operating Support 1,500

Nick Strong Foundation

38 Wyvern Street
Roslindale,MA02131 		N/A PC General Operating Support 1,500

Norwood High School

245 Nichols Street
Norwood,MA02062 		N/A GOV General Operating Support 1,000

Old Colony Hospice

321 Manley Street
West Bridgewater,MA02379 		N/A PC General Operating Support 2,000

On The Rise

341 Broadway
Cambridge,MA02139 		N/A PC General Operating Support 2,500

One Mission Inc

69 Milk Street 308
Westborough,MA01581 		N/A PC General Operating Support 1,500

Operation Smile Inc

3641 Faculty Boulevard
Virginia Beach,VA23453 		N/A PC General Operating Support 1,000

Our Lady of Grace at St Joe's Pastoral Collaborative

28 Tarbell Street
Pepperell,MA01463 		N/A PC General Operating Support 10,000

Our Lady of Perpetual Help Mission Grammar School

94 St Alphonsus Street
Roxbury,MA02120 		N/A PC General Operating Support 2,500

Pan Mass Challenge

77 4th Avenue
Needham Heights,MA02494 		N/A PC General Operating Support 3,000

Partners in Health

800 Boylston Street Suite 300
Boston,MA02199 		N/A PC General Operating Support 5,000

Payson Park Music Festival

10 Bay State Road
Belmont,MA02478 		N/A PC General Operating Support 1,500

Perkins School for the Blind

175 North Beacon Street
Watertown,MA02472 		N/A PC General Operating Support 2,300

Piarist Fathers

1339 Monroe Street NE
Washington,DC20017 		N/A PC General Operating Support 1,500

Pine Street Inn

434 Harrison Avenue
Boston,MA02118 		N/A PC General Operating Support 5,000

Plummer Youth Promise

37 Winter Island Road
Salem,MA01970 		N/A PC General Operating Support 2,500

Presentation School Foundation

PO Box 35834
Brighton,MA02135 		N/A PC General Operating Support 1,500

Project Place

1145 Washington Street
Boston,MA02118 		N/A PC General Operating Support 5,000

Pulmonary Fibrosis Foundation

230 East Ohio Street No 304
Chicago,IL60611 		N/A PC General Operating Support 1,000

Regina Cleri (Archdiocese of Boston)

66 Brooks Drive
Braintree,MA02184 		N/A PC General Operating Support 2,500

Riverside Community Care

270 Bridge Street Suite 301
Dedham,MA02026 		N/A PC General Operating Support 3,500

Rosie's Place

889 Harrison Avenue
Boston,MA02118 		N/A PC General Operating Support 2,500

Sacred Heart School

329 Bishops Highway
Kingston,MA02364 		N/A PC General Operating Support 1,000

Saint Joseph Parish Schools

90 Pickering Street
Needham,MA02492 		N/A PC General Operating Support 2,500

Saint Raphael Parish

512 High Street
Medford,MA02155 		N/A PC General Operating Support 2,500

Samaritans Purse

PO Box 3000
Boone,NC28607 		N/A PC General Operating Support 5,000

Sarcoma Foundation of America

PO Box 98160
Washington,DC20090 		N/A PC General Operating Support 1,000

Second Chances

PO Box 441328
Somerville,MA02144 		N/A PC General Operating Support 2,000

Smile Train

633 Third Avenue
New York,NY10017 		N/A PC General Operating Support 1,000

Society of St Vincent de Paul - Naples

4451 Mercantile Avenue
Naples,FL34104 		N/A PC General Operating Support 3,000

Somerville Homeless Coalition

PO Box 440436
Somerville,MA02144 		N/A PC General Operating Support 2,500

Special Olympics Massachusetts Inc

512 Forest Street
Marlborough,MA01752 		N/A PC General Operating Support 2,500

Springwell

307 Waverley Oaks Road Suite 205
Waltham,MA02452 		N/A PC General Operating Support 2,500

St Anthony's Shrine

100 Arch Street
Boston,MA02110 		N/A PC General Operating Support 2,500

St Boniface Haiti Foundation

40 Glen Avenue
Newton,MA02459 		N/A PC General Operating Support 5,000

St Catherine's of Siena School

249 Nahatan Street
Norwood,MA02062 		N/A PC General Operating Support 1,250

St Columbkille Partnership School

25 Arlington Street
Brighton,MA02135 		N/A PC General Operating Support 1,500

St Finbarr Catholic Church

13520 Tamiami Trail E
Naples,FL34114 		N/A PC General Operating Support 6,000

St Francis House

39 Boylston Street
Boston,MA02116 		N/A PC General Operating Support 5,000

St Jude Children's Research Hospital

501 Danny Thomas Place
Memphis,TN38105 		N/A PC General Operating Support 1,500

St Mary's Center for Women and Children

90 Cushing Avenue
Dorchester,MA02125 		N/A PC General Operating Support 2,500

St Matthews House

2001 Airport Road South
Naples,FL34112 		N/A PC General Operating Support 5,000

St Sebastian's School

1191 Greendale Avenue
Needham,MA02492 		N/A PC General Operating Support 5,000

St Yves School Foundation

64 Holmes Street
Quincy,MA02171 		N/A PC General Operating Support 1,250

Team Heart Inc

PO Box 446
Milton,MA02186 		N/A PC General Operating Support 1,000

The Leukemia & Lymphoma Society

3 International Drive Suite 200
Rye Brook,NY10573 		N/A PC General Operating Support 2,500

The Price Center

27 Christina Street
Newton,MA02461 		N/A PC General Operating Support 1,000

The Salvation Army

615 Slaters Lane
Alexandria,VA22314 		N/A PC General Operating Support 2,500

The Scandinavian Charitable Society of Greater Boston

206 Waltham Street
West Newton,MA02465 		N/A PC General Operating Support 2,000

The Shelter for Abused Women & Children Inc

PO Box 10102
Naples,FL34101 		N/A PC General Operating Support 2,500

The Sisters of Notre Dame de Namur

30 Jeffreys Neck Road
Ipswich,MA01938 		N/A PC General Operating Support 5,000

The Women's Center

405 County Street
New Bedford,MA02740 		N/A PC General Operating Support 1,500

The Women's Lunch Place

67 Newbury Street
Boston,MA02116 		N/A PC General Operating Support 2,500

Tommy's Place Foundation

90 Shore Avenue
Quincy,MA02169 		N/A PC General Operating Support 2,500

Tutoring Plus of Cambridge Inc

225 Windsor Street
Cambridge,MA02139 		N/A PC General Operating Support 1,000

Twin to Twin Transfusion Syndrome Foundation Inc

411 Longbeach Parkway
Bay Village,OH44140 		N/A PC General Operating Support 1,000

United Service Organizations Inc

2111 Wilson Boulevard Suite 1200
Arlington,VA22201 		N/A PC General Operating Support 2,500

Walpole High School

275 Common Street
Walpole,MA02081 		N/A GOV General Operating Support 1,000

Walpole Public Schools

135 School Street
Walpole,MA02081 		N/A GOV General Operating Support 500

Walpole Scout Center

1 Kraft Road
Milford,MA01757 		N/A PC General Operating Support 2,500

Watertown Boys and Girls Club

25 Whites Avenue
Watertown,MA02472 		N/A PC General Operating Support 1,500

Westwood Food Pantry

PO Box 854
Westwood,MA02090 		N/A PC General Operating Support 5,000

Xaverian Brothers High School

800 Clapboardtree Street
Westwood,MA02090 		N/A PC General Operating Support 2,000

YoungLife (fbo Boston Southwest chapter)

420 N Cascade Avenue
Colorado Springs,CO80903 		N/A PC General Operating Support 2,500
Total .................................right arrow 3a 458,800
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 52,645  
4 Dividends and interest from securities ....     14 251,062  
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 ............ 		    18 402,869  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 706,576 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
706,576
(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 (2023)
Form 990-PF (2023)
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
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Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 5,000 2,500   2,500

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Name of Bond End of Year Book Value End of Year Fair Market Value
400000 units CUSIP 34540TA36 389,148 389,148

TY 2023 InvestmentsCorpStockSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Name of Stock End of Year Book Value End of Year Fair Market Value
400 units AMD 58,964 58,964
1750 units ALLY 61,110 61,110
1520 units GOOGL 212,329 212,329
1520 units GOOG 214,214 214,214
5000 units AMZN 759,700 759,700
4200 units AAPL 808,626 808,626
3000 units BAC 101,010 101,010
20000 units BRKL 218,200 218,200
3000 units CATC 208,200 208,200
1200 units CVX 178,992 178,992
1000 units C 51,440 51,440
4000 units CFG 132,560 132,560
6000 units EBC 85,200 85,200
2500 units INDB 164,525 164,525
350 units JPM 59,535 59,535
4800 units KKR 397,680 397,680
944 units MTB 129,403 129,403
180 units MCD 53,372 53,372
800 units MRK 87,216 87,216
2500 units MSFT 940,100 940,100
20000 units NYCB 204,600 204,600
1000 units NEE 60,740 60,740
1220 units NVDA 604,168 604,168
750 units PNC 116,137 116,137
450 units CRM 118,413 118,413
806 units TXN 137,391 137,391
830 units TMO 440,556 440,556
200 units UNH 105,294 105,294
4000 units WASH 129,520 129,520
2150 units WFC 105,823 105,823
670 units RSP 105,726 105,726
1000 units COWZ 51,990 51,990
244 units BLK 198,079 198,079
1158 units PYPL 71,113 71,113
846 units VBR 152,255 152,255
274 units ABT 30,159 30,159
378 units ABBV 58,579 58,579
178 units APD 48,736 48,736
130 units AMGN 37,443 37,443
368 units ADI 73,070 73,070
1412 units AAPL 271,852 271,852
3947 units T 66,231 66,231
51 units BLK 41,402 41,402
498 units BX 65,198 65,198
565 units BMY 28,990 28,990
92 units AVGO 102,695 102,695
483 units CVX 72,044 72,044
1282 units CSCO 64,767 64,767
783 units KO 46,142 46,142
1472 units CMCSA 64,547 64,547
335 units CCI 38,589 38,589
644 units CVS 50,850 50,850
142 units LLY 82,775 82,775
438 units EMR 42,631 42,631
801 units XOM 80,084 80,084
206 units HD 71,389 71,389
147 units HON 30,827 30,827
293 units IBM 47,920 47,920
410 units JNJ 64,263 64,263
543 units JPM 92,364 92,364
118 units LMT 53,482 53,482
176 units MA 75,066 75,066
209 units MCD 61,971 61,971
624 units MRK 68,028 68,028
719 units MSFT 270,373 270,373
671 units MS 62,571 62,571
267 units PEP 45,347 45,347
1243 units PFE 35,786 35,786
481 units PM 45,252 45,252
377 units PG 55,246 55,246
558 units RTX 46,950 46,950
505 units SRE 37,739 37,739
674 units SBUX 64,711 64,711
436 units TGT 62,095 62,095
312 units TXN 53,184 53,184
715 units TJX 67,074 67,074
178 units UNP 43,720 43,720
286 units UPS 44,968 44,968
98 units UNH 51,594 51,594
1321 units USB 57,173 57,173
1718 units VZ 64,769 64,769
280 units V 72,898 72,898
251 units WMT 39,570 39,570
572 units AEP 46,458 46,458
1116 units GLW 33,982 33,982
334 units DLR 44,950 44,950
682 units DOW 37,401 37,401
397 units GIS 25,861 25,861
642 units MCHP 57,896 57,896
1684 units PARA 24,906 24,906
485 units PRU 50,299 50,299
424 units WEC 35,688 35,688
159 units ACN 55,795 55,795
281 units ETN 67,670 67,670
541 units QSR 42,268 42,268
22 units ADBE 13,125 13,125
64 units AMD 9,434 9,434
271 units GOOGL 37,856 37,856
197 units AMZN 29,932 29,932
246 units AAPL 47,362 47,362
57 units ANET 13,424 13,424
74 units BRKB 26,393 26,393
416 units BSX 24,049 24,049
177 units BMY 9,082 9,082
31 units AVGO 34,604 34,604
24 units CAT 7,096 7,096
126 units CVX 18,794 18,794
8 units EQX 6,443 6,443
404 units FCX 17,198 17,198
102 units JPM 17,350 17,350
66 units MMC 12,505 12,505
48 units MA 20,472 20,472
13 units MCK 6,019 6,019
181 units MRK 19,733 19,733
40 units META 14,158 14,158
134 units MET 8,861 8,861
116 units MSFT 43,621 43,621
121 units MDLZ 8,764 8,764
133 units MS 12,402 12,402
154 units NEM 6,374 6,374
267 units NEE 16,218 16,218
103 units NKE 11,183 11,183
18 units NOC 8,427 8,427
46 units NVDA 22,780 22,780
53 units PANW 15,629 15,629
34 units PDD 4,975 4,975
113 units PG 16,559 16,559
71 units PLD 9,464 9,464
15 units NOW 10,597 10,597
106 units SBUX 10,177 10,177
24 units TSLA 5,964 5,964
47 units WMT 7,410 7,410
158 units FTV 11,634 11,634
57 units HLT 10,379 10,379
43 units RGEN 7,731 7,731
151 units SYY 11,043 11,043
68 units VLO 8,840 8,840
78 units AIRFP 12,044 12,044
134 units ATD CN 7,930 7,930
15 units ASML 11,354 11,354
861 units ATCOASS 14,827 14,827
497 units BHPAU 17,095 17,095
234 units CCJ 10,085 10,085
108 units CPCN 8,587 8,587
626 units DBSSP 15,855 15,855
371 units DTEGR 8,883 8,883
76 units DEO 11,070 11,070
49 units ETN 11,800 11,800
557 units IBESM 7,303 7,303
179 units JCI 10,318 10,318
31 units 6861JP 13,410 13,410
80 units LVMUY 12,996 12,996
111 units DAIS1 7,676 7,676
174 units NESNSW 20,159 20,159
313 units NOVOBDC 32,379 32,379
1715 units 8308JP 8,557 8,557
34 units ROGSW 9,877 9,877
77 units SAPGR 11,874 11,874
228 units SHEL 15,002 15,002
180 units 8316JP 8,624 8,624
70 units BABA 5,426 5,426
279 units 9888HK 4,148 4,148
603 units BDORY 6,889 6,889
179 units 1211HK 4,915 4,915
214 units INDA 10,445 10,445
8480 units BBCAU 5,173 5,173
93 units TSM 9,672 9,672
542 units WWO 22,276 22,276

TY 2023 InvestmentsGovtObligationsSch
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
US Government Securities - End of Year Book Value:

774,492
US Government Securities - End of Year Fair Market Value:

774,492
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
6000.747 units VWIAX FMV 362,625 362,625

TY 2023 OtherAssetsSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Accrued Interest 0 18,656 18,656


TY 2023 OtherExpensesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Office Expenses 13,055 0   13,055
Insurance 4,262 0   4,262
Accrual to Cash Adjustment 12,637 0   14,211


TY 2023 OtherIncreasesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Description Amount
Net Unrealized Gains/(Losses) on Investments 1,983,186
Accrual to Cash Adjustment 12,637


TY 2023 OtherProfessionalFeesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management 50,947 50,947   0
Contracted Services 4,399 0   4,399


TY 2023 TaxesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes 1,208 1,208   0