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
Frank Gerrity Charitable Trust
 
Number and street (or P.O. box number if mail is not delivered to street address)29 Snell Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Holbrook, MA02343
A Employer identification number

04-6195965
B Telephone number (see instructions)

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$7,253,347J 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 3,935 3,935  
4 Dividends and interest from securities... 126,755 126,755  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 139,762
b Gross sales price for all assets on line 6a 729,007
7 Capital gain net income (from Part IV, line 2)... 139,762
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........ 270,452 270,452  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,400 16,400    
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
31,139 31,139    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,097      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 70 70    
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
70 70    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 50,776 47,679   0
25 Contributions, gifts, grants paid....... 355,000 355,000
26 Total expenses and disbursements. Add lines 24 and 25 405,776 47,679   355,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -135,324
b Net investment income (if negative, enter -0-) 222,773
c Adjusted net income (if negative, enter -0-)... 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............. 278,331 259,071 259,071
2 Savings and temporary cash investments.........      
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)      
b Investments—corporate stock (attach schedule)....... 3,567,037 Click to see attachment
List of Attached Documents:
// Content
3,448,602 		6,990,173
c Investments—corporate bonds (attach schedule).......      
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)   4,103 Click to see attachment
List of Attached Documents:
// Content
4,103
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,845,368 3,711,776 7,253,347
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) 318 Click to see attachment
List of Attached Documents:
// Content
2,050
23 Total liabilities (add lines 17 through 22)......... 318 2,050
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........ 1,579,756 1,579,756
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 2,265,294 2,129,970
29 Total net assets or fund balances (see instructions)..... 3,845,050 3,709,726
30 Total liabilities and net assets/fund balances (see instructions). 3,845,368 3,711,776
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
3,845,050
2
Enter amount from Part I, line 27a .....................
2
-135,324
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,709,726
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,709,726
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 Abbvie Incorporated P 2019-06-26 2023-02-06
b Abbvie Incorporated P 2019-07-19 2023-02-06
c Adobe Systems Inc P 2019-06-25 2023-03-14
d Adobe Systems Inc P 2020-05-21 2023-03-14
e Alphabet Incorporated Cl C P 2019-06-25 2023-03-14
Alphabet Incorporated Cl C P 2019-06-27 2023-03-14
Alphabet Incorporated Cl C P 2020-05-21 2023-03-14
AmazonCom Incorporated P 2021-02-08 2023-07-14
AmazonCom Incorporated P 2021-02-05 2023-07-14
Autodesk Inc P 2020-03-18 2023-06-28
Autodesk Inc P 2020-05-21 2023-06-28
Automatic Data Processing P 1985-04-10 2023-09-13
Docusign Incorporated P 2021-12-27 2023-09-15
Docusign Incorporated P 2022-01-04 2023-09-15
Docusign Incorporated P 2022-04-04 2023-09-15
Docusign Incorporated P 2021-12-21 2023-09-15
Docusign Incorporated   2022-01-04 2023-09-15
Docusign Incorporated P 2022-03-29 2023-09-15
Embecta Corporation P 2001-07-30 2023-11-20
Gartner Incorporated P 2019-06-27 2023-06-28
Gartner Incorporated P 2020-05-21 2023-06-28
Illumina Inc P 2020-09-28 2023-11-29
Illumina Inc P 2022-10-03 2023-11-29
Illumina Inc P 2020-10-12 2023-11-29
Illumina Inc P 2022-10-03 2023-11-29
Microsoft Corporation P 2019-06-27 2023-06-15
Microsoft Corporation P 2020-05-21 2023-06-15
Mizuho Financial Group Inc P 2020-11-13 2023-09-11
Netflix Incorporated P 2021-02-22 2023-12-05
Netflix Incorporated P 2021-02-24 2023-12-05
Netflix Incorporated P 2022-02-10 2023-12-05
Netflix Incorporated P 2021-02-25 2023-12-05
Netflix Incorporated P 2021-03-04 2023-12-05
Netflix Incorporated P 2022-02-09 2023-12-05
Salesforce Com P 2019-11-05 2023-06-23
SalesforceCom P 2020-05-21 2023-06-23
Square Incorporated P 2018-09-26 2023-11-20
Viatris Incorporated P 2009-10-16 2023-11-20
Viatris Incorporated P 2018-06-22 2023-11-20
Adobe Systems Inc P 2019-06-27 2023-03-14
Capital Gain Dividends P 2023-12-31 2023-12-31
(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 36,019   16,931 19,088
b 86,446   41,617 44,829
c 12,965   11,213 1,752
d 16,954   19,563 -2,609
e 20,703   11,973 8,730
2,917   1,677 1,240
21,644   16,186 5,458
30,479   37,404 -6,925
26,568   32,663 -6,095
13,359   8,911 4,448
11,715   11,140 575
147,091   1,714 145,377
2,460   8,777 -6,317
5,360   18,373 -13,013
5,756   14,683 -8,927
2,680   9,082 -6,402
4,130   14,148 -10,018
4,921   11,836 -6,915
1,282   319 963
8,783   4,109 4,674
7,770   2,710 5,060
8,703   26,195 -17,492
10,220   18,430 -8,210
7,488   26,232 -18,744
9,006   16,240 -7,234
18,982   7,377 11,605
16,911   9,083 7,828
48,658   38,035 10,623
25,473   30,083 -4,610
12,737   15,276 -2,539
5,004   4,464 540
21,379   25,427 -4,048
11,372   12,977 -1,605
3,184   2,857 327
19,050   14,201 4,849
16,538   13,930 2,608
14,504   24,504 -10,000
909   720 189
1,400   2,649 -1,249
6,316   5,536 780
1,171     1,171
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        
b        
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 2 139,762
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 3,097
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 3,097
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 3,097
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 7,200
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 4,103
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow4,103 Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
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 arrowNA
14
The books are in care ofright arrowJames F Gerrity III Telephone no.right arrow (781) 535-6070

Located atright arrow29 Snell StreetHolbrookMA ZIP+4right arrow02343
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)
 
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
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
 
No
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
James F Gerrity III Trustee
0.10 		0 0 0
29 Snell Street
Holbrook,MA02343
Peter F Gerrity Trustee
0.10 		0 0 0
29 Snell Street
Holbrook,MA02343
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
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 NA 0
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 arrow  
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
6,634,907
b
Average of monthly cash balances.......................
1b
386,199
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
7,021,106
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
7,021,106
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
105,317
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,915,789
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
345,789
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
345,789
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,097
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,097
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
342,692
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
342,692
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
342,692
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
355,000
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
355,000
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 7 342,692
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 293,934
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 355,000
a Applied to 2022, but not more than line 2a 293,934
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 61,066
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		281,626
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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).)
None
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.
None
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:
Trustees Frank Gerrity Trust
29 Snell Street
Holbrook,MA02343
(781) 535-6070
russ.wilde@morganwilde.com
bThe form in which applications should be submitted and information and materials they should include:
No Standard
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
None
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
Agamenticus Yacht Club


PO Box 834
York Harbor,ME03911 		  PC General Grant 500
Angell Memorial Hospital


25 South Huntington Avenue
Jamaica Plain,MA02130 		  PC General Grant 5,000
Beth Israel Deaconess Medical Cntr


330 Brookline Avenue
Boston,MA02215 		  PC General Grant 3,000
Boca Grande Community Center


PO Box 1222
Boca Grande,FL33921 		  PC General Grant 500
Boca Grande Health Clinic Fdn


PO Box 2340
Boca Grande,FL33921 		  PC General Grant 500
Boys Girls Club of Hilton Head


PO Box 22267
Hilton Head Island,SC29925 		  PC General Grant 1,000
Brazelton Touchpoints Foundation


1295 Boylston Street STE 500
Boston,MA02215 		  PC General Grant 500
Brigham Womens Hospital


116 Huntington Avenue 3rd FL
Boston,MA02116 		  PC General Grant 12,500
Buddy Dog Humane Society Inc


151 Boston Post Road
Sudbury,MA01776 		  PC General Grant 500
Catholic University Schl Social Wrk


620 Michigan Avenue NE
Washington,DC20064 		  PC General Grant 500
Charles River Watershed Association


41 West Street FL 8
Boston,MA02111 		  PC General Grant 1,000
Church of the Redeemer


379 Hammond Street
Chestnut Hill,MA02467 		  PC General Grant 25,250
Colorado Outdoor Education Center


PO Box 167
Florissant,CO80816 		  PC General Grant 1,000
Cummings Veterinary Fund at Tufts


200 Westboro Road
North Grafton,MA01536 		  PC General Grant 500
Dana Farber Cancer Institute


77 Fourth Avenue
Needham Heights,MA02494 		  PC General Grant 1,000
Dexter Southfield School


20 Newton Street
Brookline,MA02445 		  PC General Grant 1,000
Epiphany Middle School


154 Centre Street
Dorchester Center,MA02124 		  PC General Grant 75,500
GICIA - Boca Grande


PO Box 446
Boca Grande,FL33921 		  PC General Grant 500
Good Shepard Community Care


160 Wells Avenue
Newton Center,MA02459 		  PC General Grant 1,000
Grace Community Church


450 Spanish Wells Road
Hilton Head Island,SC29926 		  PC General Grant 21,000
Haiti Rural Education Fund


50 Orton Marotta Way
South Boston,MA02127 		  PC General Grant 1,500
Handel Hayden Society


9 Harcourt Street
Boston,MA02116 		  PC General Grant 10,500
Harvard Business School


PO Box 412275
Boston,MA02241 		  PC General Grant 750
Harvard College


PO Box 55997
Boston,MA02205 		  PC General Grant 550
Hazelden Betty Ford Foundation


PO Box 11
Center City,MN55012 		  PC General Grant 500
Hilton Head Deep Well Project


PO Box 5543
Hilton Head Island,SC29938 		  PC General Grant 1,500
Hilton Head Humane Society


PO Box 21790
Hilton Head Island,SC29925 		  PC General Grant 250
Hilton Head Preparatory School


8 Fox Grape Road
Hilton Head Island,SC29928 		  PC General Grant 500
Hospice Care of the Low Country


PO Box 3827
Bluffton,SC29910 		  PC General Grant 1,000
Informed Consent Action Network


PO Box 131568
Houston,TX77219 		  PC General Grant 6,000
Jackson Laboratory


PO Box 411423
Boston,MA02241 		  PC General Grant 25,000
Johann Fust Library Foundation


PO Box 309
Boca Grande,FL33921 		  PC General Grant 1,000
Kittery Land Trust


PO Box 467
Kittery,ME03904 		  PC General Grant 500
Lands Sake


27 Crescent Road
Weston,MA02493 		  PC General Grant 1,000
Liberty Counsel


PO Box 540774
Orlando,FL32854 		  PC General Grant 3,000
Love Justice International


PO Box 67195
Lincoln,NE68506 		  PC General Grant 17,000
Low Country Legal Aid


PO Box 2496
Bluffton,SC29910 		  PC General Grant 750
Maine Medical Center


22 Bramhall Street
Portland,ME04102 		  PC General Grant 5,000
Maranatha Farm


342 Crabapple Lane
Ridgeland,SC29936 		  PC General Grant 750
Milton Academy


170 Centre Street
Milton,MA02186 		  PC General Grant 6,000
Monmouth Memorial Sch Robotics Club


130 Academy Road
Monmouth,ME04259 		  PC General Grant 1,000
Mount Vernon Ladies Association


PO Box 1594
Springfield,VA22161 		  PC General Grant 2,500
Noble Greenough School


10 Campus Drive
Dedham,MA02026 		  PC General Grant 1,500
Northeastern University


716 Columbus Avenue CP402
Roxbury Crossing,MA02120 		  PC General Grant 2,000
North Yarmouth Academy


148 Main Street
Yarmouth,ME04096 		  PC General Grant 4,000
One Eluethera


PO Box 1302
Clemson,SC29633 		  PC General Grant 200
Pine Cobble School


163 Gale Road
Williamstown,MA01267 		  PC General Grant 500
Planned Parenthood


1055 Commonwealth Avenue
Boston,MA02215 		  PC General Grant 23,500
Project Healing Waters Flyfishing


PO Box 695
La Plata,MD20646 		  PC General Grant 1,000
Roux Institute


100 Fore Street
Portland,ME04101 		  PC General Grant 2,000
Rural Community Action Ministry


PO Box 205
Leeds,ME04263 		  PC General Grant 2,500
Samaritans Purse


PO Box 3000
Boone,NC28607 		  PC General Grant 1,000
Spaulding Rehabilitation Network


1575 Cambridge Street
Cambridge,MA02138 		  PC General Grant 2,000
St Timothys School


8400 Greenspring Avenue
Stevenson,MD21153 		  PC General Grant 500
Steps to Success


PO Box 470421
Brookline Village,MA02447 		  PC General Grant 1,000
Sudbury Valley Trustees


18 Wolbach Road
Sudbury,MA01776 		  PC General Grant 1,000
Sustainable Medical Missions


PO Box 498493
Cincinnati,OH45249 		  PC General Grant 14,000
Thistle Farms


5122 Charlotte Pike
Nashville,TN37209 		  PC General Grant 2,000
Trinity Church of ME


PO Box 323
York Harbor,ME03911 		  PC General Grant 1,000
University of Maine Foundation


Two Alumni Place
Orono,ME04469 		  PC General Grant 12,000
University of South Carolina


1600 Hampton Street
Columbia,SC29208 		  PC General Grant 500
Vanderbilt University


PMB 407727 2301 Vanderbilt Place
Nashville,TN37240 		  PC General Grant 5,000
Vassar College


PO Box 14
Poughkeepsie,NY12604 		  PC General Grant 3,500
Wake Forest University


PO Box 7227
Winston Salem,NC27109 		  PC General Grant 500
WBUR 909 FM


PO Box 9235
Chelsea,MA02150 		  PC General Grant 1,000
Wellesley College


106 Central Street RM 268
Wellesley Hills,MA02481 		  PC General Grant 500
Weston Forest Trail Association


PO Box 665
Weston,MA02493 		  PC General Grant 1,500
WGBH Educational Foundation


PO Box 55875
Boston,MA02205 		  PC General Grant 1,000
Winsor School


103 Pilgrim Road
Boston,MA02215 		  PC General Grant 3,000
Wooster School


91 Merry Brook Road
Danbury,CT06810 		  PC General Grant 500
Yale Alumni Fund


PO Box 803
New Haven,CT06503 		  PC General Grant 500
Yale School of Organization Mgt


PO Box 2038
New Haven,CT06521 		  PC General Grant 22,500
York County Family Fund


PO Box 863
York Harbor,ME03911 		  PC General Grant 500
York Harbor Hospital


15 Hospital Drive
York,ME03909 		  PC General Grant 500
York Harbor Reading Room


PO Box 66
York Harbor,ME03911 		  PC General Grant 1,000
York Land Trust


1 Long Neck Marsh Road
York,ME03909 		  PC General Grant 2,000
York Volunteer Fire Department


1 Firehouse Drive
York,ME03909 		  PC General Grant 500
Total .................................right arrow 3a 355,000
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 3,935  
4 Dividends and interest from securities ....     14 126,755  
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 ............ 		    18 139,762  
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) ..   270,452  
13Total. Add line 12, columns (b), (d), and (e)..................
13
270,452
(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
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Russell G Wilde CPA 16,400 16,400 0 0

TY 2023 InvestmentsCorpStockSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Name of Stock End of Year Book Value End of Year Fair Market Value
Abbott Labs 42,562 314,470
Abbvie Inc 0 0
Accenture PLC Ireland 60,489 113,344
Adobe Inc 106,306 174,208
Align Technology 24,115 25,756
Alphabet Incorporated CL C 86,264 197,162
Annaly Capital Mgmt Inc 106,650 72,638
APA Corporation 50,996 35,880
Automatic Data Processing 1,428 116,485
BankAmerica Corporation 61,123 84,175
Beckton Dickinson 27,142 195,064
Boston Properties Inc 112,322 133,323
Coca Cola 12,000 70,716
Cognizant Tech Solutions 16,380 75,530
Colgate Palmolive 13,237 167,391
CVS Health Corp 58,588 78,960
Dentsply Sirona Inc 42,698 53,385
Devon Energy Corporation 44,244 84,711
Embecta Corportion 319 1,514
Gartner Incorporated 20,339 65,862
Halliburton Company 52,057 32,535
Home Depot 17,134 225,258
Illinois Tool Works Inc 46,065 261,940
Johnson & Johnson 45,694 462,383
Kinder Morgan Inc 52,084 42,336
Lilly Eli & Company 26,960 26,231
Marsh McLennan Co 245 132,629
Mastercard Incorporated 95,878 136,056
Merck & Co 1,693 79,040
Microsoft Corporation 160,703 262,476
Moodys Corp 25,613 195,280
Nike Incorporated 39,291 48,422
Novo-Nordisk ADR 50,656 56,380
Paychex Inc 10,526 107,199
Paypal Holdings Inc 151,353 100,590
Pfizer Inc 115,898 115,160
Proctor & Gamble Co 35,636 171,452
Rigetti Computing Incorporated 11,180 4,920
Renaissance RE Hldgs LTD 44,800 171,500
RPM International Inc 76,655 223,260
SalesforceCom 100,199 145,516
Servicenow Incorporated 100,720 198,524
SOFI Technologies Inc 10,205 9,950
Block Incorporated 0 0
Sysco Corp 7,566 80,443
Valero Energy Corp 39,902 75,400
Visa Incorporated 93,217 127,832
Williams Cos 34,493 52,245
Workday Incorporated 53,576 65,427
Zoetis Incorporated 44,836 73,027
Autodesk Incorporated 80,086 88,627
Exxon Mobil Corporation 125,218 249,950
Illumina Inc 0 0
Mizuho Financial Group Inc 0 0
UnitedHealth Group Inc 57,632 94,765
Viatris Incorporated 0 0
AirBNB Incorporated 121,483 107,414
AmazonCom Incorporated 375,917 424,976
Docusign Incorporated 0 0
Netflix Incorporated 92,268 142,656
Elme Communities REIT 74,400 51,100
IONQ Incorporated 12,580 12,390
Thermo Fisher Scientific Inc 76,981 74,310

TY 2023 OtherAssetsSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Federal Excise Tax Refundable 0 4,103 4,103


TY 2023 OtherExpensesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Mass Filling Fee 70 70 0 0


TY 2023 OtherLiabilitiesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Description Beginning of Year - Book Value End of Year - Book Value
Federal Excise Tax 248 0
Mass Filing Fee 70 70
Deferred Income 0 1,980


TY 2023 OtherProfessionalFeesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Raymond James 31,139 31,139 0 0


TY 2023 TaxesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Tax 3,097 0 0 0