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
ADELARD AND VALEDA ROY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)HEMENWAY BARNES PO BOX 961209
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA021961209
A Employer identification number

04-6652923
B Telephone number (see instructions)

(617) 227-7940
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$13,637,026J 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 1,506 1,506  
4 Dividends and interest from securities... 361,179 361,179  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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........ 362,685 362,685  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 46,250 23,125   23,125
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
10,000 5,000   5,000
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,100 3,050   3,050
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,503 3,378   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
788 100   688
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 69,641 34,653   31,863
25 Contributions, gifts, grants paid....... 602,000 602,000
26 Total expenses and disbursements. Add lines 24 and 25 671,641 34,653   633,863
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -308,956
b Net investment income (if negative, enter -0-) 328,032
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............. 580,391 230,295 230,295
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)....... 2,246,481 Click to see attachment
List of Attached Documents:
// Content
2,246,481 		11,682,940
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).......... 1,847,262 Click to see attachment
List of Attached Documents:
// Content
1,889,337 		1,723,791
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,674,134 4,366,113 13,637,026
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........ 4,476,891 4,476,891
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 197,243 -110,778
29 Total net assets or fund balances (see instructions)..... 4,674,134 4,366,113
30 Total liabilities and net assets/fund balances (see instructions). 4,674,134 4,366,113
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
4,674,134
2
Enter amount from Part I, line 27a .....................
2
-308,956
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
935
4
Add lines 1, 2, and 3 ..........................
4
4,366,113
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
4,366,113
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.)
1a
b
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
b
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
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  
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 4,560
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 4,560
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 4,560
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 4,600
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 4,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 40
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow40 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
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 arrowN/A
14
The books are in care ofright arrowHEMENWAY BARNES LLP Telephone no.right arrow (617) 227-7940

Located atright arrow75 STATE STREETBOSTONMA ZIP+4right arrow021091466
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
 
 
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
REV DR NANCY S SMITH TRUSTEE
2.50 		15,000 0 0
2676 WAKEFIELD
WAKEFIELD,NH03872
ELIZABETH M FISHER TRUSTEE
1.00 		7,500 0 0
1865 SHILOH RANCH DRIVE
COLORADO SPRINGS,CO80908
MICHAEL J PUZO TRUSTEE
2.50 		23,750 0 0
75 STATE STREET 16TH FLOOR
BOSTON,MA021091466
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 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
12,628,895
b
Average of monthly cash balances.......................
1b
671,084
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,299,979
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
13,299,979
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
199,500
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,100,479
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
655,024
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
655,024
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,560
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,560
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
650,464
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
650,464
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
650,464
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
633,863
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
633,863
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 7 650,464
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 597,497
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 633,863
a Applied to 2022, but not more than line 2a 597,497
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..... 36,366
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		614,098
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) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
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).)
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:
REV NANCY S SMITH
PO BOX 1110
SANBORNVILLE,NH03872
(617) 227-7940
bThe form in which applications should be submitted and information and materials they should include:
NO SPECIFIC FORM; 501(C)(3) STATUS SHOULD BE DOCUMENTED
cAny submission deadlines:
SEPT 30 ANNUALLY
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

ABILITIES DANCE INCORPORATED

2 STRATHMORE ROAD APT 3
BROOKLINE,MA02445 		NONE PC GENERAL OPERATING SUPPORT 2,000

ACTON WAKEFIELD WATERSHEDS ALLIANCE INC

254 MAIN STREET
UNION,NH03887 		NONE PC COMMUNITY OUTREACH PROGRAM 9,000

ALL DORCHESTER SPORTS AND LEADERSHIP INC

1565 DORCHESTER AVENUE
DORCHESTER,MA02122 		NONE PC AFTERSCHOOL AND OUT OF SCHOOL ENRICHMENT AND HEALTHY EATING PROGRAM 4,000

ALLSTON BRIGHTON COMM DEVELOPMENT CORP

18R SHEPARD STREET STE 100
BRIGHTON,MA02135 		NONE PC GENERAL OPERATING SUPPORT 2,500

ALRAY TAYLOR SECOND CHANCE SCHOLARSHIP FUND CORPORATION

PO BOX 960400
BOSTON,MA02196 		NONE PC MENTOR TRAINING AND SUPPORT 2,500

ANEW PLACE INC

PO BOX 1481
BURLINGTON,VT05402 		NONE PC GENERAL OPERATING SUPPORT 4,000

APPALACHIAN MOUNTAIN CLUB

10 CITY SQUARE
BOSTON,MA02129 		NONE PC CITIZEN-MONITORED CLIMATE CHANGE INDICATORS PROJECT 5,000

ARLINGTON EATS INC

117 BROADWAY STE A
ARLINGTON,MA02474 		NONE PC GENERAL OPERATING SUPPORT 3,000

ARTS IN REACH-ENCOURAGING GROWTH THROUGH THE ARTS

PO BOX 238
PORTSMOUTH,NH03802 		NONE PC PROGRAM SUPPORT 4,000

ASPIRE LIVING & LEARNING INC

80 ERDMAN WAY 103A
LEOMINSTER,MA01453 		NONE PC THE PURCHASE OF A POWER BACKUP GENERATOR 4,000

AUDUBON VERMONT

255 SHERMAN HOLLOW RD
BURLINGTON,VT05462 		NONE PC HEALTHY FORESTS INITIATIVE 5,000

BARRY L PRICE REHABILITATION CENTERS INC

27 CHRISTINA STREET
NEWTON,MA02461 		NONE PC GENERAL OPERATING SUPPORT 4,000

BEAR-PAW REGIONAL GREENWAYS

PO BOX 19
DEERFIELD,NH03037 		NONE PC GENERAL OPERATING SUPPORT 4,000

BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY

41 BERKELEY STREET
BOSTON,MA02116 		NONE PC GENERAL OPERATING SUPPORT 4,000

BEVERLY BOOTSTRAPS COMMUNITY SERVICES

35 PARK STREET
BEVERLY,MA01915 		NONE PC GENERAL OPERATING SUPPORT 3,000

BEYOND SOCCER INC

280 MERRIMACK STREET STE 323
LAWRENCE,MA01843 		NONE PC GENERAL OPERATING SUPPORT 2,500

BIGELOW LABORATORY FOR OCEAN SCIENCES

60 BIGELOW DRIVE
EAST BOOTHBAY,ME04544 		NONE PC BLOOM OCEAN SCIENCE EDUCATIONAL WORKSHOPS FOR MAINE HIGH SCHOOL JUNIORS AND TEACHERS. 4,000

BLESSED STEPHEN BELLESINI OSA ACADEMY INC

PO BOX 1021
LAWRENCE,MA01842 		NONE PC AFTER-SCHOOL & EVENING STUDY PROGRAM 7,500

BOOTHBAY SEA AND SCIENCE CENTER

12 CARTER ROAD
EAST BOOTHBAY,ME04544 		NONE PC EXPERIENTIAL ENVIRONMENTAL AND MARINE SCIENCE EDUCATION 4,000

BOSTON AREA GLEANERS INC

91 MARTIN STREET
ACTON,MA01720 		NONE PC HUNGER RELIEF PROGRAM 4,000

BOSTON ARTS ACADEMY FOUNDATION INC

126 BROOKLINE AVENUE 3RD FL
BOSTON,MA02215 		NONE PC GENERAL OPERATING SUPPORT 2,500

BOSTON CHINATOWN NEIGHBORHOOD CENTER INC

38 ASH STREET
BOSTON,MA02111 		NONE PC THE BCNC YOUTH CENTER 3,000

BOSTON COLLEGE HIGH SCHOOL

150 WILLIAM T MORRISSEY BLVD
DORCHESTER,MA02125 		NONE PC GENERAL OPERATING SUPPORT 3,000

BOSTON DEBATE LEAGUE

1542 TREMONT STREET
BOSTON,MA02120 		NONE PC AFTER-SCHOOL DEBATE 3,000

BOSTON HIGHER EDUCATION RESOURCE CENTER

62 NORTHAMPTON STREET
BOSTON,MA02118 		NONE PC GENERAL OPERATING SUPPORT 4,000

BOSTON MEDICAL CENTER CORPORATION

1 BOSTON MEDICAL CENTER PLACE
BOSTON,MA02118 		NONE PC GENERAL OPERATING SUPPORT 4,000

BOSTON YOUTH SYMPHONY ORCHESTRA INC

855 COMMONWEALTH AVENUE
BOSTON,MA02215 		NONE PC INTENSIVE COMMUNITY PROGRAM 3,000

BREAD & ROSES HOUSING INC

15 UNION ST STE 401
LAWRENCE,MA01842 		NONE PC THE AFFORDABLE HOME OWNERSHIP PROGRAM 3,000

BREAKTIME UNITED INC

170 PORTLAND STREET
BOSTON,MA02114 		NONE PC ITS LAUNCHPAD PROGRAM, AN INITIAL ENTRY PROGRAM INTO YOUTH EMPLOYMENT AND SUPPORT 4,000

CARROLL CENTER FOR THE BLIND INC

770 CENTRE STREET
NEWTON,MA02458 		NONE PC VISION SERVICES FOR THE BLIND AND VISUALLY IMPAIRED 5,000

CATCHING THE DREAM

8200 MOUNTAIN RD NE
ALBUQUERQUE,NM87110 		NONE PC THE MESBEC SCHOLARSHIP PROGRAM, TO SUPPORT STUDENTS WHO WILL STUDY MATH, ENGINEERING, SCIENCE, BUSINESS, EDUCATION, AND COMPUTER SCIENCE 7,500

CATHOLIC CHARITIES MAINE

PO BOX 10660
PORTLAND,ME04104 		NONE PC GENERAL OPERATING SUPPORT 2,500

CATIE'S CLOSET INC

19 SCHOOL STREET
DRACUT,MA01826 		NONE PC THE BOSTON PUBLIC SCHOOLS EXPANSION 2,000

CENTER FOR ECOTECHNOLOGY INC

112 ELM STREET
PITTSFIELD,MA01201 		NONE PC ECOFELLOWSHIP PROGRAM AND COMMUNITY-BASED OUTREACH AND EDUCATION 3,000

CHAMELEON ARTS ENSEMBLE OF BOSTON INC

6 ROCKY NOOK TERRACE
BOSTON,MA02130 		NONE PC SEASON PROGRAMS 2,000

CHARLES RIVER CONSERVANCY INC

43 THORNDIKE STREET S3-3
CAMBRIDGE,MA02141 		NONE PC GENERAL OPERATING SUPPORT 5,000

CHOCORUA LAKE CONSERVANCY

PO BOX 105
CHOCORUA,NH03817 		NONE PC GENERAL OPERATING SUPPORT 3,000

COASTAL MOUNTAINS LAND TRUST

101 MOUNT BATTIE STREET
CAMDEN,ME04843 		NONE PC GENERAL OPERATING SUPPORT 3,000

COMMUNITY HEALTH CONNECTIONS INC

326 NICHOLS ROAD
FITCHBURG,MA01420 		NONE PC GENERAL OPERATING SUPPORT 2,000

COMMUNITY MUSIC CENTER OF BOSTON

34 WARREN AVENUE
BOSTON,MA02116 		NONE PC COMMUNITY ENGAGEMENT AND ARTS SECTOR YOUTH WORKFORCE DEVELOPMENT 4,000

COMMUNITY MUSIC SCHOOL OF SPRINGFIELD

127 STATE STREET
SPRINGFIELD,MA01103 		NONE PC GENERAL OPERATING SUPPORT 3,000

COMMUNITY ROWING INC

20 NONANTUM ROAD
BRIGHTON,MA02135 		NONE PC LET'S ROW 2,000

COMUNIDADES ENRAIZADAS COMMUNITY LAND TRUST INC

90 EVERETT AVENUE STE 10
CHELSEA,MA02150 		NONE PC GENERAL OPERATING SUPPORT 4,000

COOLEY DICKINSON VNA & HOSPICE

PO BOX 329
NORTHAMPTON,MA01061 		NONE PC GENERAL OPERATING SUPPORT 5,000

CRISTO REY BOSTON HIGH SCHOOL INC

100 SAVIN HILL AVENUE
BOSTON,MA02125 		NONE PC GENERAL OPERATING SUPPORT 5,000

CUMBERLAND COUNTY FOOD SECURITY COUNCIL

111 WESCOTT ROAD
SOUTH PORTLAND,ME04106 		NONE PC GENERAL OPERATING SUPPORT 3,000

DIGNITY MATTERS INC

861 EDGELL ROAD
FRAMINGHAM,MA01701 		NONE PC ACCESS TO MENSTRUAL CARE PRODUCTS IN MASSACHUSETTS 2,500

DIOCESE OF WORCESTER FBO SAINT PAUL DIOCESAN JRSR HIGH SCHOOL

144 GRANITE STREET
WORCESTER,MA01604 		NONE PC GENERAL OPERATING SUPPORT 5,000

DISCOVERY MUSEUM

177 MAIN STREET
ACTON,MA01720 		NONE PC OPEN DOOR CONNECTIONS 5,000

DOC WAYNE YOUTH SERVICES INC

418 COMMONWEALTH AVENUE
BOSTON,MA02215 		NONE PC GENERAL OPERATING SUPPORT 3,000

ELEANORE'S PROJECT

PO BOX 3541
MISSOULA,MT59806 		NONE PC WHEELCHAIRS FOR CHILDREN WITH DISABILITIES IN PERU 13,000

EPSILON SPIRES INC

190 MAIN STREET
BRATTLEBORO,VT05301 		NONE PC OUTREACH AND ACCESSIBILITY INITIATIVE 2,500

ESSEX ART CENTER INC

56 ISLAND STREET 1
LAWRENCE,MA01840 		NONE PC GENERAL OPERATING SUPPORT 2,500

EVKIDS INC

218 ADAMS STREET 220502
DORCHESTER,MA02122 		NONE PC THE AFTER-SCHOOL TUTORING PROGRAM 4,000

FAMILY HEALTH PROJECT INC

175 ANDOVER STREET STE 101
DANVERS,MA01923 		NONE PC GENERAL OPERATING SUPPORT 2,500

FAMILYAID BOSTON

3815 WASHINGTON STREET
BOSTON,MA02130 		NONE PC BOSTON PUBLIC SCHOOLS HOMELESSNESS PREVENTION PROGRAM 4,000

FIRST UNITED BAPTIST CHURCH

99 CHURCH STREET
LOWELL,MA01852 		NONE PC A NEW BOILER FOR THE MULTICULTURAL CHRISTIAN EDUCATION BUILDING. 4,000

FLORIDA SCHOOL OF HOLISTIC LIVING INC FBO SAGE MOUNTAIN BOTANICAL SANCTU

650 MAITLAND AVENUE
ALTAMONTE SPRINGS,FL32701 		NONE PC AFTER SCHOOL IN NATURE PROGRAM 5,000

FOOD LINK INC

108 SUMMER STEET
ARLINGTON,MA02474 		NONE PC GENERAL OPERATING SUPPORT 2,500

FOUNDATION TO ADVANCE CATHOLIC EDUCATION INC

450 HIGHLAND AVENUE
FALL RIVER,MA02720 		NONE PC SCHOLARSHIP SUPPORT 4,000

FRIENDS OF HOLLY HILL FARM INC

236 JERUSALEM ROAD
COHASSET,MA02025 		NONE PC GENERAL OPERATING SUPPORT 2,500

FRIENDS OF THE CHILDREN-BOSTON

184 DUDLEY STREET STE 100
BOSTON,MA02119 		NONE PC GENERAL OPERATING SUPPORT 2,500

FRIENDSHIPWORKS INC

105 CHAUNCY STREET
BOSTON,MA02111 		NONE PC GENERAL OPERATING SUPPORT 2,500

GIRLS INCORPORATED OF LYNN

50 HIGH STREET
LYNN,MA01902 		NONE PC THE ODYSSEY AFTER-SCHOOL PROGRAM 4,000

GOOD SHEPHERD PARISH

271 MAIN STREET
SACO,ME04072 		NONE PC GENERAL OPERATING SUPPORT 5,000

GREEN MOUNTAIN CLUB INC

4711 WATERBURY-STOWE ROAD
WATERBURY CENTER,VT05677 		NONE PC GENERAL OPERATING SUPPORT 2,500

GREEN MOUNTAIN CONSERVATION GROUP

256 HUNTRESS BRIDGE ROAD
EFFINGHAM,NH03882 		NONE PC WATERSHED EDUCATION INITIATIVE 3,000

GROW FOOD NORTHAMPTON INC

221 PINE STREET 349
FLORENCE,MA01062 		NONE PC GENERAL OPERATING SUPPORT 3,000

HABITAT FOR HUMANITY INTERNATIONAL INC

285 PEACHTREE CENTER AVE NE STE
2700
ATLANTA,GA30303 		NONE PC GENERAL OPERATING SUPPORT FOR HABITAT FOR HUMANITY GREATER BOSTON 8,000

HALEY HOUSE INC

23 DARTMOUTH STREET
BOSTON,MA02116 		NONE PC THE TAKE BACK THE KITCHEN PROGRAM 4,000

HARBOR HOMES INC

45 HIGH STREET
NASHUA,NH03060 		NONE PC GENERAL OPERATING SUPPORT 2,000

HAVEN PROJECT INC

57 MUNROE STREET
LYNN,MA01901 		NONE PC GENERAL OPERATING SUPPORT 2,500

HEALTHY WALTHAM

510 MOODY STREET
WALTHAM,MA02453 		NONE PC THE EMERGENCY FOOD PANTRY 4,000

HEARTOFAGIANT FOUNDATION INC

BLUE HILL AVENUE
MILTON,MA02186 		NONE PC GENERAL OPERATING SUPPORT 1,000

HOME HEALTH & HOSPICE CARE

7 EXECUTIVE PARK DRIVE
MERRIMACK,NH03054 		NONE PC MUSIC AT THE BEDSIDE 7,500

HOPE FLOATS HEALING & WELLNESS CENTER

PO BOX 345
KINGSTON,MA02364 		NONE PC GENERAL OPERATING SUPPORT 2,500

HORIZONS FOR HOMELESS CHILDREN

1785 COLUMBUS AVENUE
BOSTON,MA02119 		NONE PC EARLY EDUCATION FOR CHILDREN EXPERIENCING HOMELESSNESS 4,000

HYDE SQUARE TASK FORCE

30 SUNNYSIDE STREET
BOSTON,MA02130 		NONE PC JVENES EN ACCIN/YOUTH IN ACTION PROGRAM 4,000

INQUILINOS BORICUAS EN ACCION INC

453 SHAWMUT AVENUE
BOSTON,MA02118 		NONE PC GENERAL OPERATING SUPPORT 3,000

INTERFAITH SOCIAL SERVICES INC

105 ADAMS STREEET
QUINCY,MA02169 		NONE PC THE FOOD PANTRY. 3,000

INTERNATIONAL INSTITUTE OF NEW ENGLAND INC

2 BOYLSTON STREET STE 3
BOSTON,MA02116 		NONE PC THE WELCOME, INTEGRATION, AND NATURALIZATION (WIN) PROGRAM 7,500

IRISH PASTORAL CENTRE

540 GALLIVAN BLVD
BOSTON,MA02124 		NONE PC GENERAL OPERATING SUPPORT 5,000

JOHN W GRAHAM EMERGENCY SHELTER SERVICES

69 MAIN STREET
VERGENNES,VT05491 		NONE PC GENERAL OPERATING SUPPORT 2,500

LA VIDA SCHOLARS INC

120 MUNROE STREET
LYNN,MA01901 		NONE PC GENERAL OPERATING SUPPORT 5,000

LAKE CHAMPLAIN CHAMBER MUSIC FESTIVAL

20 WINOOSKI FALLS WAY STE 7
WINOOSKI,VT05404 		NONE PC GENERAL OPERATING SUPPORT 2,000

LAKE CHAMPLAIN COMMUNITY SAILING CENTER INC

505 LAKE STREET
BURLINGTON,VT05401 		NONE PC EDUCATION PROGRAM EXPANSION 4,000

LEAP FOR EDUCATION INC

35 CONGRESS STREET STE 102
SALEM,MA01970 		NONE PC GENERAL OPERATING SUPPORT 2,500

LIVE AND LET LIVE FARM

20 PARADISE LANE
CHICHESTER,NH03258 		NONE PC GENERAL OPERATING SUPPORT 3,000

LOVIN' SPOONFULS INC

189 WELLS AVENUE 100
NEWTON,MA02459 		NONE PC FOOD RESCUE AND HUNGER RELIEF IN GREATER BOSTON 4,000

LUCY'S LOVE BUS CHARITABLE TRUST

21 WATER STREET STE 302
AMESBURY,MA01913 		NONE PC GENERAL OPERATING SUPPORT 2,000

MAB COMMUNITY SERVICES INC

200 IVY STREET
BROOKLINE,MA02446 		NONE PC GENERAL OPERATING SUPPORT 2,000

MABEL CENTER FOR IMMIGRANT JUSTICE

200 PORTLAND STREET 5TH FL
BOSTON,MA02114 		NONE PC GENERAL OPERATING SUPPORT 2,500

MAINE APPALACHIAN TRAIL CLUB INC

PO BOX 7564
PORTLAND,ME04112 		NONE PC GENERAL OPERATING SUPPORT 3,000

MANOMET INC

PO BOX 1770
MANOMET,MA02345 		NONE PC GENERAL OPERATING SUPPORT 5,000

MASSACHUSETTS COALITION FOR THE HOMELESS

73 BUFFUM STREET
LYNN,MA01902 		NONE PC GENERAL OPERATING SUPPORT 2,500

MERRIMACK REPERTORY THEATRE

132 WARREN STREET
LOWELL,MA01852 		NONE PC GENERAL OPERATING SUPPORT 2,000

MERRIMACK VALLEY FOOD BANK

735 BROADWAY STREET
LOWELL,MA01854 		NONE PC FOOD DISTRIBUTION PROGRAM 4,000

MISSION OF DEEDS INC

6 CHAPIN AVENUE
READING,MA01867 		NONE PC GENERAL OPERATING SUPPORT 4,000

MOOSE MOUNTAINS REGIONAL GREENWAYS

254 MAIN STREET 109
UNION,NH03887 		NONE PC GENERAL OPERATING SUPPORT 5,000

MOUNT GRACE LAND CONSERVATION TRUST INC

1461 OLD KEENE ROAD
ATHOL,MA01331 		NONE PC GENERAL OPERATING SUPPORT 5,000

MY BROTHER'S KEEPER INC

PO BOX 338
EASTON,MA02356 		NONE PC GENERAL OPERATING SUPPORT 4,000

MYSTIC RIVER WATERSHED ASSOCIATION INC

20 ACADEMY STREET STE 306
SOMERVILLE,MA02476 		NONE PC GENERAL OPERATING SUPPORT 3,000

NATURAL RESOURCES COUNCIL OF MAINE

3 WADE STREET
AUGUSTA,ME04330 		NONE PC GENERAL OPERATING SUPPORT 9,000

NEW HAMPSHIRE CATHOLIC CHARITIES INC

100 WILLIAM LOEB DRIVE UNIT 3
MANCHESTER,NH03109 		NONE PC GENERAL OPERATING SUPPORT 3,000

NEW HAMPSHIRE CATHOLIC CHARITIES INC

100 WILLIAM LOEB DRIVE UNIT 3
MANCHESTER,NH03109 		NONE PC THE CAREGIVERS PROGRAM 3,000

NEW HAMPSHIRE PROJECT LEARNING TREE

54 PORTSMOUTH STREET
CONCORD,NH03301 		NONE PC GENERAL OPERATING SUPPORT 5,000

NORTH BENNET STREET SCHOOL

150 NORTH STREET
BOSTON,MA02109 		NONE PC SCHOLARSHIPS 6,000

NORTHEAST WILDERNESS TRUST

17 STATE STREET
MONTPELIER,VT05602 		NONE PC GENERAL OPERATING SUPPORT 4,000

NORWELL VISITING NURSE ASSOCIATION INC

120 LONGWATER DRIVE
NORWELL,MA02061 		NONE PC CHARITABLE CARE AT THE PAT ROCHE HOSPICE HOME 5,000

OLD NORTH ILLUMINATED INC

193 SALEM STREET
BOSTON,MA02113 		NONE PC GENERAL OPERATING SUPPORT 2,000

OMAR BIN AL KHATTAB MASJID CO GREATER PORTLAND HALAL PANTRY

269 SAINT JOHN STREET
PORTLAND,ME04102 		NONE PC GENERAL OPERATING SUPPORT 3,000

ON THE MOVE INC

3 MCALLISTER WAY
METHUEN,MA01844 		NONE PC GENERAL OPERATING SUPPORT 2,500

ON THE RISE INC

341 BROADWAY
CAMBRIDGE,MA02139 		NONE PC GENERAL OPERATING SUPPORT 2,000

OPEN TABLE INC

33 MAIN STREET
MAYNARD,MA01754 		NONE PC GENERAL OPERATING SUPPORT 3,000

OSSIPEE LAKE ALLIANCE INC

PO BOX 173
FREEDOM,NH03836 		NONE PC DRINKING WATER PROTECTION PHASE II 7,500

PATHWAYS FOR CHILDREN INC

29 EMERSON AVENUE
GLOUCESTER,MA01930 		NONE PC FAMILY ENRICHMENT PROGRAM 2,000

PISCATAQUOG LAND CONSERVANCY

5A MILL STREET
NEW BOSTON,NH03070 		NONE PC GENERAL OPERATING SUPPORT 8,000

PRESERVATION TRUST OF VERMONT INC

90 MAIN STREET STE 304
MONTPELIER,VT05602 		NONE PC GENERAL OPERATING SUPPORT 3,000

PROJECT HOME AGAIN

PO BOX 1236
ANDOVER,MA01810 		NONE PC OPERATING SUPPORT FOR HOUSEHOLD GOODS DISTRIBUTION TO LOW-INCOME FAMILIES 2,000

QUEBEC LABRADOR FOUNDATION INC

4 SOUTH MAIN STREET
IPSWICH,MA01938 		NONE PC GENERAL OPERATING SUPPORT 5,000

RAW ART WORKS INC

37 CENTRAL SQUARE
LYNN,MA01901 		NONE PC FREE ARTS-BASED PROGRAMMING FOR UNDERSERVED YOUTH 5,000

REACH BEYOND DOMESTIC VIOLENCE

PO BOX 540024
WALTHAM,MA02454 		NONE PC COMMUNITY BASED ADVOCACY FOR DOMESTIC ABUSE SURVIVORS 4,000

RIA INC

330 COCHITUATE ROAD UNIT 1784
FRAMINGHAM,MA01701 		NONE PC GENERAL OPERATING SUPPORT 2,500

ROGERSON COMMUNITIES

1 FLORENCE STREET
ROSLINDALE,MA02131 		NONE PC RESTORING MUSIC THERAPY AT ROGERSON'S ADULT DAY HEALTH PROGRAMS 4,500

ROOT NS INC

35 CONGRESS STREET STE 2350
SALEM,MA01970 		NONE PC GENERAL OPERATING SUPPORT 4,000

ROSIE'S PLACE INC

889 HARRISON AVENUE
BOSTON,MA02118 		NONE PC IMPROVING FOOD ACCESS FOR POOR AND HOMELESS WOMEN IN THE GREATER BOSTON AREA 4,000

SAVE THE BAY INC

100 SAVE THE BAY DRIVE
PROVIDENCE,RI02905 		NONE PC THE NARRAGANSETT BAY FIELD STUDIES PROGRAM AT CENTRAL FALLS HIGH SCHOOL 2,500

SCHOOL ON WHEELS OF MASSACHUSETTS

100 LAUREL STREET 121
EAST BRIDGEWATER,MA02333 		NONE PC FOR OPERATING SUPPORT AND FOR STRATEGIC PLAN IMPLEMENTATION 4,000

SECOND STEP INC

2815 SECOND AVENUE STE 400
SEATTLE,WA98121 		NONE PC GENERAL OPERATING SUPPORT 2,500

SHARE OUTREACH INC

ONE COLUMBUS AVENUE
MILFORD,NH03055 		NONE PC OPERATING SUPPORT FOR HUNGER RELIEF PROGRAMS 5,000

SHELTER MUSIC BOSTON INC

1337 MASSACHUSETTS AVENUE
ARLINGTON,MA02474 		NONE PC CLASSICAL MUSIC CONCERTS AT HOMELESS SHELTERS, RECOVERY CENTERS, AND LOW-INCOME HOUSING SITES THROUGHOUT GREATER BOSTON. 2,500

SOCIEDAD LATINA INC

1530 TREMONT STREET
ROXBURY CROSSING,MA02120 		NONE PC GENERAL OPERATING SUPPORT 2,500

SOCIETY FOR THE PROTECTION OF NEW HAMPSHIRE FORESTS

54 PORTSMOUTH STREET
CONCORD,NH03301 		NONE PC THE MOOSE MOUNTAINS COSKIE CONSERVATION EASEMENT PROJECT 10,000

SOUTH SHORE COMMUNITY ACTION COUNCIL INC

71 OBERY STREET
PLYMOUTH,MA02360 		NONE PC GENERAL OPERATING SUPPORT 3,000

SOUTHERN VERMONT AREA HEALTH EDUCATION CENTER INC

368 RIVER STREET STE 145
SPRINGFIELD,VT05156 		NONE PC GENERAL OPERATING SUPPORT 2,500

ST FRANCIS HOUSE

7 BOYLSTON SQUARE
BOSTON,MA02116 		NONE PC REFUGE BASIC NEEDS SERVICES 5,000

STRONG WOMEN STRONG GIRLS INC

89 S STREET LL02
BOSTON,MA02111 		NONE PC GENERAL OPERATING SUPPORT 2,500

STUDENT CLINIC FOR IMMIGRANT JUSTICE INC

217 HANOVER STREET STE 320
BOSTON,MA02113 		NONE PC GENERAL OPERATING SUPPORT 2,500

THE CHILDREN'S ROOM

1210 MASSACHUSETTS AVENUE
ARLINGTON,MA02474 		NONE PC GRIEF PEER SUPPORT GROUPS 3,000

THE OPEN DOOR CAPE ANN FOOD PANTRY INC

28 EMERSON AVENUE
GLOUCESTER,MA01930 		NONE PC HEALTHY FOOD ACCESS FOR CHILDREN AND FAMILIES 4,000

THE SALEM PANTRY INC

47 LEAVITT STREET
SALEM,MA01970 		NONE PC GENERAL OPERATING SUPPORT 3,000

TRINITY BOSTON CONNECTS

206 CLARENDON STREET
BOSTON,MA02116 		NONE PC GENERAL OPERATING SUPPORT 7,500

TRUST FOR PUBLIC LAND

3 SHIPMAN PLACE
MONTPELIER,VT05602 		NONE PC GENERAL OPERATING SUPPORT FOR THE NORTHERN NEW ENGLAND CONSERVATION PROGRAM 9,000

TRUSTEES OF ELIOT SCHOOL

16 CHARTER STREET
BOSTON,MA02113 		NONE PC THE TEEN BRIDGE PROGRAM 5,000

UPPER VALLEY HAVEN

713 HARTFORD AVENUE
WHITE RIVER JUNCTION,VT05001 		NONE PC UPPER VALLEY HIGH SCHOOL TRAIL CORPS 4,000

UPPER VALLEY TRAILS ALLIANCE INC

326 MAIN STREET
NORWICH,VT05055 		NONE PC GENERAL OPERATING SUPPORT 4,000

URBAN FARMING INSTITUTE OF BOSTON INC

PO BOX 260371
MATTAPAN,MA02126 		NONE PC GENERAL OPERATING SUPPORT 3,000

VERMONT FOODBANK

33 PARKER ROAD
BARRE,VT05641 		NONE PC GENERAL OPERATING SUPPORT 3,000

VERMONT NATURAL RESOURCES COUNCIL INC

11 BALDWIN STREET
MONTPELIER,VT05602 		NONE PC GENERAL OPERATING SUPPORT 7,500

VNA AT HCS INC

312 MARLBORO STREET
KEENE,NH03431 		NONE PC GRIEF AND BEREAVEMENT SPECIALTY GROUP SUPPORT 3,000

WOMEN'S LUNCH PLACE INC

PO BOX 170900
BOSTON,MA02177 		NONE PC GENERAL OPERATING SUPPORT 4,000

WORCESTER YOUTH CENTER INC

326 CHANDLER STREET
WORCESTER,MA01602 		NONE PC GENERAL OPERATING SUPPORT 2,000

Y2Y NETWORK

1 CHURCH STREET
CAMBRIDGE,MA02138 		NONE PC GENERAL OPERATING SUPPORT 2,000

YOUTH OPPORTUNITIES UNLIMITED INC

224 BROCK AVENUE
NEW BEDFORD,MA02744 		NONE PC GENERAL OPERATING SUPPORT 5,000

ZUMIX INC

260 SUMNER STREET
EAST BOSTON,MA02128 		NONE PC GENERAL OPERATING SUPPORT 7,500
Total .................................right arrow 3a 602,000
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 1,506  
4 Dividends and interest from securities ....     14 361,179  
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 ............ 		         
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) .. 0 362,685 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
362,685
(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:
ADELARD AND VALEDA ROY FOUNDATION
EIN:
04-6652923
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
HEMENWAY & BARNES 6,100 3,050   3,050

TY 2023 InvestmentsCorpStockSchedule
Name:
ADELARD AND VALEDA ROY FOUNDATION
EIN:
04-6652923
Name of Stock End of Year Book Value End of Year Fair Market Value
3,000 SHRS ABBOTT LABS 65,059 330,210
3,000 SHRS ABBVIE INC COM 70,550 464,910
13,000 SHRS AT&T INC 146,337 218,140
7,000 SHRS BRISTOL MYERS SQUIBB CO 91,935 359,170
3,500 SHRS CHEVRON CORP 120,044 522,060
4,000 SHRS DUKE ENERGY CORP NEW 138,017 388,160
3,070 SHRS ENBRIDGE INC CAD 44,027 110,581
5,000 SHRS EXXON MOBIL CORP 82,863 499,900
2,500 SHRS IDACORP INC 72,363 245,800
2,000 SHRS INTEL CORP 44,261 100,500
1,500 SHRS IBM 60,609 245,325
4,000 SHRS JOHNSON & JOHNSON COM 49,074 626,960
5,500 SHRS JPMORGAN CHASE & CO 135,624 935,550
1,500 SHRS KIMBERLY CLARK CORP 24,137 182,265
4,500 SHRS LILLY ELI & CO 62,666 2,623,140
6,000 SHRS MERCK & CO INC NEW COM 79,506 654,120
2,000 SHRS MICROSOFT CORP 47,791 752,080
7,000 SHRS PFIZER INC 44,169 201,530
3,200 SHRS PROCTER & GAMBLE CO 36,935 468,928
6,000 SHRS ROYAL DUTCH SHELL PLC CL A 147,270 394,800
1,500 SHARES STATE STREET CORP 53,179 116,190
2,000 SHRS TRANSCANADA CORP 65,492 78,180
5,000 SHRS UNILEVER PLC AMER SHS 64,959 242,400
8,000 SHRS VERIZON COMMUNICATIONS INC 206,060 301,600
1,000 SHRS WALGREENS BOOTS ALLIANCE INC 43,505 26,110
2,000 SHRS WALT DISNEY CO 20,393 180,580
1,000 SHRS ZIMMER BIOMET HOLDINGS INC 24,672 121,700
760 SHRS CORTEVA INC 13,237 36,419
760 SHRS DOW INC 25,849 41,678
760 SHRS DUPONT DE NEMOURS INC 37,933 58,467
1794 SHRS EVERGY INC 73,437 93,647
868 SHRS VIATRIS INC 2,424 9,400
300 SHRS KYNDRYL HOLDINGS INC 2,646 6,234
600 SHRS ORGANON & CO 3,980 8,652
100 SHRS ZIMVIE INC 583 1,775
3,144 SHRS WARNER BROS DISCOVERY INC 44,895 35,779

TY 2023 InvestmentsOtherSchedule2
Name:
ADELARD AND VALEDA ROY FOUNDATION
EIN:
04-6652923
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
81299.868 SHRS ALLSPRING ABSOLUTE RETURN FUND CLASS A AT COST 912,560 884,543
78950.857 SHRS UBS GLOBAL ALLOCATION FD CL A AT COST 976,777 839,248

TY 2023 LegalFeesSchedule
Name:
ADELARD AND VALEDA ROY FOUNDATION
EIN:
04-6652923
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
HEMENWAY & BARNES 10,000 5,000   5,000


TY 2023 OtherExpensesSchedule
Name:
ADELARD AND VALEDA ROY FOUNDATION
EIN:
04-6652923
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROGRAM EXPENSES 563 0   563
MA PC FILING FEE 125 0   125
ADR FEES 100 100   0


TY 2023 OtherIncreasesSchedule
Name:
ADELARD AND VALEDA ROY FOUNDATION
EIN:
04-6652923
Description Amount
BOOK/TAX TIMING DIFFERENCES 326
COST BASIS ADJUSTMENTS 609


TY 2023 TaxesSchedule
Name:
ADELARD AND VALEDA ROY FOUNDATION
EIN:
04-6652923
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 3,378 3,378   0
FEDERAL ESTIMATED TAXES 3,125 0   0