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
JOSEPH P DONAHUE CHARITABLE
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)C/O DONAHUE LAW OFCS 6 S PARK ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LEBANON, NH03766
A Employer identification number

04-3244143
B Telephone number (see instructions)

(978) 452-8902
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$4,461,903J 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      
4 Dividends and interest from securities... 94,182 94,182  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 179,983
b Gross sales price for all assets on line 6a 591,192
7 Capital gain net income (from Part IV, line 2)... 179,983
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,750 1,750  
12 Total. Add lines 1 through 11........ 275,915 275,915  
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
3,200 3,200    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,068 13,068    
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
190 190    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,458 16,458   0
25 Contributions, gifts, grants paid....... 446,500 446,500
26 Total expenses and disbursements. Add lines 24 and 25 462,958 16,458   446,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -187,043
b Net investment income (if negative, enter -0-) 259,457
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.............      
2 Savings and temporary cash investments......... 370,371 36,295 36,295
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)....... 2,541,884 Click to see attachment
List of Attached Documents:
// Content
2,668,727 		4,066,510
c Investments—corporate bonds (attach schedule)....... 197,680 Click to see attachment
List of Attached Documents:
// Content
197,680 		196,618
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).......... 37,154 Click to see attachment
List of Attached Documents:
// Content
57,344 		138,480
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
24,000 		Click to see attachment
List of Attached Documents:
// Content
24,000 		Click to see attachment
List of Attached Documents:
// Content
24,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,171,089 2,984,046 4,461,903
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
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 3,171,089 2,984,046
29 Total net assets or fund balances (see instructions)..... 3,171,089 2,984,046
30 Total liabilities and net assets/fund balances (see instructions). 3,171,089 2,984,046
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
3,171,089
2
Enter amount from Part I, line 27a .....................
2
-187,043
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,984,046
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
2,984,046
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 PUBICLY TRADED SECURITIES N/C S/T P 2023-12-31 2023-12-31
b PUBICLY TRADED SECURITIES COV L/T P 2023-12-31 2023-12-31
c PUBICLY TRADED SECURITIES N/C L/T P 2023-12-31 2023-12-31
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 115,945   105,874 10,071
b 390,441   174,876 215,565
c 84,806   130,459 -45,653
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       10,071
b       215,565
c       -45,653
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 2 179,983
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 10,071
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 3,606
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  
3 Add lines 1 and 2........................... 3 3,606
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,606
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 7,600
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 7,600
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 3,994
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow200 Refundedright arrow 11 3,794
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 arrowN/A
14
The books are in care ofright arrowMATTHEW DONAHUE Telephone no.right arrow (978) 452-8902

Located atright arrow21 GEORGE STREETLOWELLMA ZIP+4right arrow01852
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
 
 
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
MATTHEW DONAHUE TRUSTEE AS N
0.00 		0 0 0
C/O DONAHUE LAW OFFICES PLLC
6 SOUTH PARK ST STE 100
LEBANON,NH03766
DAVID W DONAHUE TRUSTEE AS N
0.00 		0 0 0
111 DEVONSHIRE STREET
BOSTON,MA02109
JOHN DONAHUE TRUSTEE AS N
0.00 		0 0 0
C/O DONAHUE LAW OFFICES PLLC
6 SOUTH PARK ST STE 100
LEBANON,NH03766
JOSEPH DONAHUE III TRUSTEE AS N
0.00 		0 0 0
C/O DONAHUE LAW OFFICES PLLC
6 SOUTH PARK ST STE 100
LEBANON,NH03766
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  
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  
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 N/A  
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
4,280,773
b
Average of monthly cash balances.......................
1b
100,943
c
Fair market value of all other assets (see instructions)................
1c
24,000
d
Total (add lines 1a, b, and c).........................
1d
4,405,716
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
 
3
Subtract line 2 from line 1d.........................
3
4,405,716
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
66,086
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,339,630
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
216,982
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
216,982
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,606
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,606
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
213,376
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
213,376
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
213,376
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
446,500
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
446,500
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 7 213,376
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 53,427
c From 2020...... 113,879
d From 2021......  
e From 2022...... 159,513
f Total of lines 3a through e ........ 326,819
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 446,500
a Applied to 2022, but not more than line 2a  
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..... 213,376
e Remaining amount distributed out of corpus 233,124
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 5 559,943
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 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
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 ...... 		559,943
10 Analysis of line 9:
a Excess from 2019.... 53,427
b Excess from 2020.... 113,879
c Excess from 2021....  
d Excess from 2022.... 159,513
e Excess from 2023.... 233,124
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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

ADAM KEENAN FOUNDATION

PO BOX 9663
LOWELL,MA01853 		NONE PUBLIC CHARI UNRESTRICTED 1,000

ADAM KEENAN MEMORIAL SCHOLARSHIP FU

100 MERRIMACK ST 202
LOWELL,MA01852 		NONE PUBLIC CHARI UNRESTRICTED 500

ALS ONE

8 INDUSTRIAL WAY
WHITMAN,MA02382 		NONE PUBLIC CHARI UNRESTRICTED 500

ALAMEDA COUNTY FOOD BANK

PO BOX 2599
OAKLAND,CA94614 		NONE PUBLIC CHARI UNRESTRICTED 1,000

ANOTHER WAY

PO BOX 506
MONTPELIER,VT05602 		NONE PUBLIC CHARI UNRESTRICTED 2,000

APPALACHIAN MOUNTAIN CLUB

10 CITY SQUARE
BOSTON,MA02129 		NONE PUBLIC CHARI UNRESTRICTED 1,000

BRIDGTON ACADEMY

PO BOX 292
NORTH BRIDGTON,ME04057 		NONE PUBLIC CHARI UNRESTRICTED 8,000

BROTHER SULLIVAN FD-ST JOHN'S PREP

72 SPRING ST
DANVERS,MA01923 		NONE   UNRESTRICTED 6,000

CAPSTONE VT

20 GABLE PLACE
BARRE,VT05641 		NONE PUBLIC CHARI UNRESTRICTED 10,000

CENTRAL CATHOLIC HIGH SCHOOL

300 HAMPSHIRE STREET
LAWRENCE,MA01841 		NONE PUBLIC CHARI UNRESTRICTED 8,000

CHELMSFORD COMM EXCHANGE

PO BOX 394
CHELMSFORD,MA01824 		NONE PUBLIC CHARI UNRESTRICTED 8,000

CHURCH OF THE GOOD SHEPHERD

214 MAIN STREET
NASHUA,NH03060 		NONE PUBLIC CHARI UNRESTRICTED 20,000

CLEMMONS FAMILY FARM

2213-2122 GREENBUSH ROAD
CHARLOTTE,VT05445 		NONE PUBLIC CHAR UNRESTRICTED 2,000

COMMUNITY ENGAGEMENT LAB

41 SUMMER ST
MONTPELIER,VT05602 		NONE PUBLIC CHARI UNRESTRICTED 2,000

DOCTORS WITHOUT BORDERS

PO BOX 5030
HAGERSTOWN,MD21741 		NONE PUBLIC CHARI UNRESTRICTED 2,000

FRIENDS OF WINOUSKI RIVER INC

PO BOX 777
MONTPELIER,VT05601 		NONE PUBLIC CHAR UNRESTRICTED 2,000

GIRLS INCORPORATED FO GREATER LOWEL

220 WORTHEN STREET
LOWELL,MA01852 		NONE PUBLIC CHAR UNRESTRICTED 3,000

GLOBAL HEALTH INITIATIVES

30 COMMON ROAD
WAITSFIELD,VT05673 		NONE PUBLIC CHAR UNRESTRICTED 2,000

GOOD BEGINNINGS OF CENTRAL

174 RIVER STREET
MONTPELIER,VT05602 		NONE PUBLIC CHAR UNRESTRICTED 2,000

GREEN MOUNTAIN MONASTERY

420 HILLCREST ROAD
GREENSBORO,VT05841 		NONE PUBLIC CHAR UNRESTRICTED 2,000

GREEN MOUNTAIN CLUB INC

4711 WATERBURY-STOWE ROAD
WATERBURY,VT05677 		NONE PUBLIC CHAR UNRESTRICTED 1,000

GREENVILLE JUNCTION DEPOT FRIENDS

PO BOX 16
GREENVILLE,ME04441 		NONE PUBLIC CHAR UNRESTRICTED 10,000

IMMACULATE CONCEPTION CHURCH

5 FAYETTE STREET
LOWELL,MA01852 		  PUBLIC CHARI UNRESTRICTED 2,000

LAKE CHAMPLAIN LAND TRUST INC

ONE MAIN STREET SUITE 20
BURLINGTON,VT05401 		NONE PUBLIC CHAR UNRESTRICTED 1,000

LOWELL BOYS & GIRLS CLUB

657 MIDDLESEX ST
LOWELL,MA01851 		NONE PUBLIC CHARI UNRESTRICTED 2,000

LOWELL CATHOLIC HIGH SCHOOL

530 STEVENS STREET
LOWELL,MA01851 		NONE PUBLIC CHAR UNRESTRICTED 56,000

LOWELL FESTIVAL FOUNDATION FALL FES

PO BOX 217
LOWELL,MA01852 		NONE PUBLIC CHAR UNRESTRICTED 4,000

LOWELL HUMANE SOCIETY

951 BROADWAY STREET
LOWELL,MA01854 		NONE PUBLIC CHAR UNRESTRICTED 1,000

LOWELL LITTER KREWE

517 MOODY ST 3RD FLOOR
LOWELL,MA01854 		NONE   UNRESTRICTED 10,000

LOWELL PARKS & CONSERVATION TRUST

PO BOX 7162
LOWELL,MA01852 		NONE PUBLIC CHAR UNRESTRICTED 15,000

MAHOOSUC LAND TRUST INC

57 MAIN STREET BOX 981
BETHEL,ME04217 		NONE PUBLIC CHAR UNRESTRICTED 15,000

MAINE ADAPTIVE SPORTS AND REC

8 SUNDANCE LANE
NEWRY,ME04261 		NONE PUBLIC CHAR UNRESTRICTED 10,000

MILL CITY GROWS

650 SUFFOLK STREET STE G
LOWELL,MA01854 		NONE PUBLIC CHAR UNRESTRICTED 1,500

MONTPELIER COMMUNITY GOSPEL CHOIR

PO BOX 61
MONTPELIER,VT05601 		NONE PUBLIC CHAR UNRESTRICTED 8,000

MOOSEHEAD MARINE MUSEUM

PO BOX 1141
GREENVILLE,ME04441 		NONE PUBLIC CHAR UNRESTRICTED 10,000

MUSTARD SEED COMMUNITY

29 JAMES AVE
MEDFIELD,MA02052 		NONE PUBLIC CHARI UNRESTRICTED 1,000

NATURAL RESOURCES COUNCIL OF MAINE

3 WADE STREET
AUGUSTA,ME04330 		NONE PUBLIC CHAR UNRESTRICTED 10,000

NORTHERN STAGE

74 GATE STREET
WHITE RIVER JUNCTION,VT05001 		NONE PUBLIC CHARI UNRESTRICTED 1,000

NOISE POLLUTION CLEARINGHOUSE

PO BOX 1137
MONTPLIER,VT05602 		NONE PUBLIC CHARI UNRESTRICTED 2,000

NOTRE DAME ACADEMY

180 MIDDLESEX ROAD
TYNGSBORO,MA01879 		    UNRESTRICTED 2,000

OFF THE PARK PRESS

976 KENSINGTON AVE
PLAINFIELD,NJ07060 		NONE PUBLIC CHAR UNRESTRICTED 30,000

ORCHARD VALLEY WALDORF SCHOOL

2290 VT-14 EAST
MONTPELIER,VT05651 		NONE PUBLIC CHAR UNRESTRICTED 50,000

PIONEER VALLEY POETRY PRODUCTIONS

181 SCHOOL STREET
NORTHFIELD,MA01360 		NONE PUBLIC CHAR UNRESTRICTED 30,000

POOR CLARE SISTERS

445 RIVER ROAD
NORTH ANDOVER,MA01810 		NONE   UNRESTRICTED 2,000

PREVENT CHILD ABUSE VT

PO BOX 829
MONTPELIER,VT05601 		NONE PUBLIC CHARI UNRESTRICTED 2,000

RESIST INC

PO BOX 301240
BOSTON,MA02130 		NONE   UNRESTRICTED 1,000

RURAL VERMONT

46 EAST STATE ST
MONTPELIER,VT05602 		NONE PUBLIC CHARI UNRESTRICTED 2,000

SCRAG MOUNTAIN MUSIC

4996 HOLLISTER ROAD
MARSHFIELD,VT05658 		NONE PUBLIC CHAR UNRESTRICTED 5,000

SELVA OSCURA

934 N CALIFORNIA AVE 3
CHICAGO,IL60622 		NONE PUBLIC CHARI UNRESTRICTED 32,000

SPECTRUM YOUTH & FAMILY SERVICES

31 ELMWOOD AVE
BURLINGTON,VT05401 		NONE   UNRESTRICTED 1,000

THE GOOD SMARITAN HAVEN

PO BOX 1104
BARRE,VT05641 		NONE   UNRESTRICTED 4,500

THE OLD MEETING HOUSE

1620 CENTER ROAD
EAST MONTPELIER,VT05602 		NONE PUBLIC CHAR UNRESTRICTED 5,000

THE WHOLE HORSE EXPERIENCE

PO BOX 127
NEWRY,ME04261 		NONE PUBLIC CHAR UNRESTRICTED 3,000

UPPER VALLEY SNOW SPORTS FOUNDATION

160 WHALEBACK MOUNTAIN RD
ENFIELD,NH03748 		NONE   UNRESTRICTED 26,000

VERMONT ARTS COUNCIL

136 STATE STREET
MONTPELIER,VT05633 		NONE   UNRESTRICTED 2,000

VERMONT RIVERS CONSERVANCY

29 MAIN ST SUITE 11
MONTPELIER,VT05601 		NONE   UNRESTRICTED 1,000

WATER FOR CAMBODIA

PO BOX 1121
BRISTOL,RI02809 		NONE PUBLIC CHAR UNRESTRICTED 2,500

WHITE RIVER PARTNERSHIP

4266 VT ROUTE 14
SOUTH ROYALSTON,VT05068 		NONE   UNRESTRICTED 2,000
Total .................................right arrow 3a 446,500
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		         
4 Dividends and interest from securities ....     14 94,182  
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 .....     15 1,750  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 179,983  
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) ..   275,915  
13Total. Add line 12, columns (b), (d), and (e)..................
13
275,915
(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
JP & EM DONAHUE CRT CRT COMMON TRUSTEES
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:
JOSEPH P DONAHUE CHARITABLE
 
FOUNDATION
EIN:
04-3244143
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 3,200 3,200    

TY 2023 InvestmentsCorpBondsSchedule
Name:
JOSEPH P DONAHUE CHARITABLE
 
FOUNDATION
EIN:
04-3244143
Name of Bond End of Year Book Value End of Year Fair Market Value
WALGREENS BOOTS ALLIANCE 3.800% DUE 49,425 49,103
ELEVANCE HEALTH 3.5% DUE 8/15/24 49,620 49,337
QUALCOMM INC 3.45% DUE 5/20/25 98,635 98,178

TY 2023 InvestmentsCorpStockSchedule
Name:
JOSEPH P DONAHUE CHARITABLE
 
FOUNDATION
EIN:
04-3244143
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC - 1,000 SH 83,982 154,970
AIR PRODUCTS & CHEMICALS - 500 SH 145,354 136,900
ARCHER-DANIELS MIDLAND - 1,000 SH 57,978 72,220
APA CORP - 3,700 SH 105,147 132,756
BOEING CO - 600 SH 82,024 156,396
BRISTOL MYERS SQIBB CO - 1,000 SH 45,634 51,310
CATERPILLAR INC - 500 SH 69,813 147,835
CHEVRON CORPORATION - 500 SH 25,035 74,580
CLEAN ENERGY FUELS CORP - 25,000 SH 101,487 95,750
CME GROUP INC - 600 SH 101,328 126,360
CONOCOPHILLIPS - 1,000 SH 83,489 116,070
CORE LABARATORIES INC - 2,000 SH 47,650 35,320
DEVON ENERGY CORPORATION - 1,000 SH 50,274 45,300
EATON CORP PLC - 500 SH    
EMERSON ELECTRIC - 500 SH    
FISERV INC - 400 SH 43,975 53,136
FRANCO NEVADA CORP - 1,100 SH 131,457 121,891
FREEPORT MCMORAN INC - 2,0002 SH 60,116 85,140
GEOSPACE TECHNOLOGIES - 5,000 SH 46,661 64,800
IMPERIAL OIL - 1,000 SH    
INTEL CORP - 2,500 SH 89,848 125,625
IBM - 400 SH 50,127 65,420
INTERCONTINENTAL EXCHANGE - 700 SH 65,649 89,901
JPMORGAN CHASE & CO - 700 SH 37,012 119,070
LOCKHEED MARTIN CORP - 200 SH 67,230 90,648
MERCK & CO INC - 1,000 SH 46,169 109,020
MESABI TRUST CBI - 5,000 SH 110,049 102,350
NESTLE - 1,000 SH 87,945 115,856
NIKE - 400 SH 9,259 43,428
ORACLE CORP - 800 SH 51,933 84,344
RAYTHEON TECHNOLOGIES CORP - 500 SH    
RIO TINTO PLC - 2,000 SH 145,218 148,920
SCHLUMBERGER LTD - 1,500 SH 57,434 78,060
STARBUCKS CORP - 1,000 SH 75,436 96,010
TECHNIPFMC PLC - 3,500 SH 47,553 70,490
TEX PAC LAND TR SUB - 295 SH 112,116 463,873
TJX COMPANIES INC - 900 SH 61,389 84,429
UNION PACIFIC CORP - 600 SH 130,296 147,372
UNITED PARCEL SERVICES - 500 SH 49,141 78,615
WASTE MANAGEMENT INC - 750 SH 30,863 134,325
WHEATON PRECIOUS METALS - 3,000 SH 62,656 148,020

TY 2023 InvestmentsOtherSchedule2
Name:
JOSEPH P DONAHUE CHARITABLE
 
FOUNDATION
EIN:
04-3244143
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GRAYSCALE BITCOIN TRUST - 3,000 SH AT COST 57,344 138,480

TY 2023 OtherAssetsSchedule
Name:
JOSEPH P DONAHUE CHARITABLE
 
FOUNDATION
EIN:
04-3244143
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
TAPESTRY 24,000 24,000 24,000


TY 2023 OtherExpensesSchedule
Name:
JOSEPH P DONAHUE CHARITABLE
 
FOUNDATION
EIN:
04-3244143
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
BANK/INVESTMENT FEES 84 84    
MISCELLANEOUS EXPENSES 106 106    


TY 2023 OtherIncomeSchedule2
Name:
JOSEPH P DONAHUE CHARITABLE
 
FOUNDATION
EIN:
04-3244143
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME 1,750 1,750  


TY 2023 TaxesSchedule
Name:
JOSEPH P DONAHUE CHARITABLE
 
FOUNDATION
EIN:
04-3244143
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX PAID (INVESTMENTS) 998 998    
INCOME TAX ON INVESTMENT INCOME 12,070 12,070