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
Avidia Charitable Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)42 Main Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Hudson, MA01749
A Employer identification number

04-3371516
B Telephone number (see instructions)

(978) 567-3569
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$4,479,449J 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 17 17  
4 Dividends and interest from securities... 100,461 100,461  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -15,519
b Gross sales price for all assets on line 6a 17,392
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........ 84,959 100,478  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
844 0   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
65 0   65
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 909 0   65
25 Contributions, gifts, grants paid....... 189,500 189,500
26 Total expenses and disbursements. Add lines 24 and 25 190,409 0   189,565
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -105,450
b Net investment income (if negative, enter -0-) 100,478
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............. 6,993 26,583 26,583
2 Savings and temporary cash investments......... 116,825 77,270 77,270
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) 926,448 Click to see attachment
List of Attached Documents:
// Content
893,733 		893,733
b Investments—corporate stock (attach schedule)....... 3,189,730 Click to see attachment
List of Attached Documents:
// Content
3,481,863 		3,481,863
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,239,996 4,479,449 4,479,449
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 4,239,996 4,479,449
29 Total net assets or fund balances (see instructions)..... 4,239,996 4,479,449
30 Total liabilities and net assets/fund balances (see instructions). 4,239,996 4,479,449
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
4,239,996
2
Enter amount from Part I, line 27a .....................
2
-105,450
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
344,903
4
Add lines 1, 2, and 3 ..........................
4
4,479,449
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
4,479,449
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities P    
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 17,392   32,911 -15,519
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       -15,519
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 -15,519
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 1,397
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 1,397
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 1,397
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,320
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 1,320
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 77
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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 arrowMargaret B Melo Sullivan Telephone no.right arrow (978) 567-3569

Located atright arrow42 Main StreetHudsonMA ZIP+4right arrow01749
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Robert Cozzone President
0.20 		0 0 0
42 Main Street
Hudson,MA01749
Margaret B Melo Sullivan Treasurer
0.20 		0 0 0
42 Main Street
Hudson,MA01749
Linda Marrone Clerk
8.00 		0 0 0
42 Main Street
Hudson,MA01749
Paul Blazar Director
0.10 		0 0 0
42 Main Street
Hudson,MA01749
Michael Girard Director
0.10 		0 0 0
42 Main Street
Hudson,MA01749
Joseph Grimaldo Director
0.10 		0 0 0
42 Main Street
Hudson,MA01749
Jeff Leland Director
0.10 		0 0 0
42 Main Street
Hudson,MA01749
Michael Murphy Director
0.10 		0 0 0
42 Main Street
Hudson,MA01749
Brian Parker Director
0.10 		0 0 0
42 Main Street
Hudson,MA01749
Mark O'Connell Past President
0.20 		0 0 0
42 Main Street
Hudson,MA01749
Ben Colonero Past Director
0.10 		0 0 0
42 Main Street
Hudson,MA01749
Hanna Sanders Past Clerk
8.00 		0 0 0
42 Main Street
Hudson,MA01749
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
4,085,409
b
Average of monthly cash balances.......................
1b
117,558
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
4,202,967
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
4,202,967
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
63,045
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,139,922
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
206,996
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
206,996
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,397
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,397
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
205,599
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
205,599
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
205,599
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
189,565
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
189,565
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 7 205,599
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020...... 25,916
d From 2021...... 37,215
e From 2022......  
f Total of lines 3a through e ........ 63,131
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 189,565
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 189,565
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 16,034 16,034
(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 47,097
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		47,097
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 9,882
c Excess from 2021.... 37,215
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:
Margaret B Melo Sullivan
42 Main Street
Hudson,MA01749
(978) 567-3569
bThe form in which applications should be submitted and information and materials they should include:
Forms available at above address.
cAny submission deadlines:
See Application
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
See Application
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

A Place to Turn

99 Hartford Street
Natick,MA01760 		  PC To support the Eat Fresh program within the food pantry. 2,000

Addiction Referral Center

33 Main Street
Hudson,MA01749 		  PC To support Project Serene which offers a weekly Meditation & Mindfulness class for current and new clients. The program is open to an individual seeking recovery from substance use disorder(s). 2,000

Advanced Math & Science Academy

201 Forest Street
Marlborough,MA01752 		  PC To support 21st century science and technology in earlier grades. Phase I will feature increased science research space, modernize classroom technology, expand science labs, acquire new robotics & engineering equipment, upgrade computer science technology, add new benches & tables to labs, and improve safety features throughout campus. 5,000

Advocates Inc

1881 Worcester Road
Framingham,MA01701 		  PC To provide free mental health care to low-income older adults who cannot access their trusted therapist or social worker once they turn age 65 due to Medicare restrictions. 2,500

Apple Tree Arts

One Grafton Common
Grafton,MA01519 		  PC To continue funding Early Childhood Outreach classes at Head Start locations in Webster and Southbridge, specifically free music programs for low income families. 4,000

Aspire Living and Learning

80 Erdman Way
Leominster,MA01453 		  PC To develop and implement an adaptive and inclusive health and fitness facility for consumers and the greater Worcester community (for individuals with physical and intellectual disabilities). 2,500

Assabet Valley Mastersingers

406 Lincoln Street
Marlboro,MA01752 		  PC To support the 46th season of presenting outstanding and unique choral concerts in the towns of Westborough, Southborough, Marlborough, Shrewsbury and Northborough. 2,000

Big Brothers Big Sisters of Central MA & Metrowest

18 Chestnut Street
Worcester,MA01608 		  PC To support efforts in creating one-to-one mentorships of youth facing adversity with caring adult mentors. 5,000

Boys & Girls Club of Metrowest

169 Pleasant Street
Marlborough,MA01752 		  PC To support after-school and summer programs offered to youth of our communities. 25,000

Christopher House Inc

10 Mary Scano Drive
Worcester,MA01605 		  PC Christopher House is a non-profit corporation offering long term care to those needing 24-hour assistance. Funding will assist full replacement of HVAC system with high efficiency units that will allow for cleaner air to circulate in the community helping mitigate outbreaks of infectious diseases. 2,500

Clear Path for Veterans New England

84 Antietam Street
Dedham,MA01434 		  PC To organizational capacity to provide peer support services from Outreach Social Activity to Wellness. 5,000

Community Harvest Project

37 Wheeler Road
North Grafton,MA01536 		  PC To purchase supplies supporting growth and distribution of 250,000 pounds of fresh produce to 60,251+ food-insecure people across Central MA through 23 community partner agencies. 2,500

Community Legal Aid

370 Main St Suite 200
Worcester,MA01608 		  PC To support the Language Access Project by ensuring non-English speaking clients have equally effective access to CLA's services at a time when demand is on the rise. 2,500

Cradles to Crayons

281 Newtonville Avenue
Newtonville,MA02460 		  PC To support annual Ready for Learning initiative held between 6/1 and 9/30. C2C provides seasonal clothing, backpacks, school supplies and other essentials to low-income and homeless children. 2,500

Crocker Field Restoration Committee

140 Arn-How Farm Road
Fitchburg,MA01420 		  PC Capital funding campaign. 2,000

Crocodile River Radio

44 Portland Street
Worcester,MA01608 		  PC To produce and broadcast "Crocodile River Radio: Heart of Africa", a new year-long African music weekly radio show. 1,500

Crossroads Continuum

43 Broad Street
Hudson,MA01749 		  PC To help build a high-quality community-based day program for adults with autism in our area. 5,000

Daniel's Table

10 Pearl Street
Framingham,MA01702 		  PC To provide funding for the Community Freezer Program and Daniel's Farmer's Market, both provide free food services to vulnerable neighbors in need. 5,000

Family Promise Metrowest

6 Mulligan Street
Natick,MA01760 		  PC To support expenses for LIFE homelessness prevention program. Program supports families facing eviction or imminent shelter entry. 2,500

Fitchburg Cultural Alliance

675 Main Street
Fitchburg,MA01420 		  PC To support continued development of Main Street Studios, a community art center in downtown Fitchburg that also offers affordable studio space and opportunities for artists to build their business through teaching and selling art. 2,000

Fitchburg Public Library

610 Main Street
Fitchburg,MA01420 		  PC To upgrade the existing facility to create a state-of-the-art library that will greatly expand ability to serve residents of Fitchburg and provide economic & cultural benefits to enrich & enhance quality of life. 2,000

Foundation for Metrowest

3 Eliot Street
Natick,MA01760 		  PC To support workforce development program. 10,000

Fresh Start Furniture

16 Brent Drive
Hudson,MA01749 		  PC Sweet Dreams Mattress Program - to provide clients who are coming out of shelters, refugee camps, addiction treatment centers, homeless or couch surfing with essential items and a mattress to help rebuild their lives. 5,000

Ginny's Helping Hands

52 Mechanic Street
Leominster,MA01453 		  PC To assist in providing and distributing 400 holiday food baskets to food-insecure families. 2,500

HMEA Inc

8 Forge Park
Franklin,MA02038 		  PC To support upgrades for wheelchair accessibility to second floor of Darnell School. 2,500

Jeremiah's Inn

1059 Main Street
Worcester,MA01603 		  PC To support continued demand for food provisions in Worcester. 2,500

Jewish Family Services of Metrowest

475 Franklin Street
Framingham,MA01702 		  PC To provide wrap-around assistance to families of young immigrant children, to mitigate physical and emotional risk to their well-being posed by stressors of poverty, hunger, fear of deportation, possible eviction, etc. 2,500

Massachusetts Bay Community College Foundation

50 Oakland Street
Wellesley Hills,MA02481 		  PC To support the MassBay Meal Scholarship Program which was created to provide students with funds to be used in the College's cafeteria. 5,000

Metrowest Nonprofit Network

161 Worcester Road
Framingham,MA01701 		  PC To strengthen and diversify the next-generation of non-profit leadership pipeline in Metrowest. Funding will support the program and participation of a student who lacks resources to attend the program without assistance. 2,500

North Star Family Services Inc

758 Main Street
Leominster,MA01453 		  PC To support shelter operation costs such as client personal needs, food, supplies, office needs, insurance, staffing, utilities, maintenance, children specific needs, clothing, IT needs and more. 10,000

Northborough Free Library

34 Main Street
Northborough,MA01532 		  PC To assist with cost of printing updated versions of Northborough Community Resource Guide for residents. 2,500

OARS Inc

23 Bradford Street
Concord,MA01742 		  PC To support OARS watershed education program in Hudson and Marlborough. 2,000

One Can Help Inc

32 Nehoiden Road
Waban,MA02468 		  PC To support filling the gap in resources to assist at-risk youth, foster children and underserved families involved in juvenile court and child welfare systems. 3,000

Open Table Inc

33 Main Street
Maynard,MA01754 		  PC To support supplemental purchases of food for pantry and prepared meals programs. 2,500

Pastoral Counseling Centers of MA

18 Lyman Street
Westborough,MA01581 		  PC To support greater need for counseling for those challenged financially. 4,000

Provision Ministry

7 Thomas Newton Drive
Westborough,MA01581 		  PC To provide food and new essential items to organizations serving those in need in Massachusetts. 2,500

Quinn Home & School Association

201 Manning Street
Hudson,MA01749 		  PC To assist with funding for material to complete a walking path at Quinn Middle School. 1,500

REACH Beyond

PO Box 540024
Waltham,MA02454 		  PC To support ongoing abuse prevention work in Wayland and other Metrowest communities by training educators and community members on how to identify and assist in trauma cases. 2,000

Ready Inspire Act (RIA) Inc

330 Cochituate Road
Framingham,MA01701 		  PC To support the SheFund that helps survivors of commercial sex trade overcome barriers to recovery by providing targeted financial aid for cost of basic needs, education & job training and long term well-being. 2,500

Rise Above Foundation

55 Oakhurst Road
Hopkinton,MA01748 		  PC To give youth in foster care the chance to participate in sports, music, prom, camp and more. Provide youth experiences and tools to help overcome unfathomable hardships that come with foster care. 1,500

Shrewsbury Youth & Family Services

222 Maple Avenue The Higgins
Building
Shrewsbury,MA01545 		  PC To mitigate the current wait times people with mental health needs are experiencing. SYFS has created a new program to offer more immediate support. SYFS is requesting support for the Skills and Support Groups program. 5,000

SMILE Mass

66 Dudley Road
Sudbury,MA01776 		  PC To support the summer pilot program that will provide skill building, social activities and job training for individuals with disabilities. 3,000

Sophia's Fund

329 Maple Street
Marlboro,MA01752 		  PC Providing assistance to families battling childhood cancer. 2,500

Special Olympics of Massachusetts

512 Forest Street
Marlboro,MA01752 		  PC To continue providing the opportunity for athletes of all ages and abilities continue participating in the sports they have a passion for, ensuring that as long as they want to participate, they can. 3,000

Springwell

307 Waverley Oaks Road
Waltham,MA02452 		  PC To support a volunteer-based Money Management Program for low-income older adults and individuals with disabilities. 2,500

Symphony Pro Musica

14 Main Street
Hudson,MA01749 		  PC To enable the orchestra to continue delivering high caliber affordable live classical music to youths, adults, and seniors in the Metrowest/Central Mass region. 10,000

Thompson Island Outward Bound Education Center

5 Drydock Avenue
Boston,MA02210 		  PC To build stronger, more equitable school communities by delivering free experiential learning programs that boost academic success and foster personal growth. 5,000

Virginia Thurston Healing Garden

145 Bolton Road
Harvard,MA01451 		  PC Provide a healing community of support where integrative therapies, educational programs, and therapeutic services complement medical care to improve the quality of life and wellbeing for all those affected by cancer. 2,500

Westboro Education Foundation

9 Bertis Adams Way
Westborough,MA01581 		  PC To support grant funding for Westborough Public Schools. 2,000

Worcester Common Ground - Commonwealth Green Low Incoming Housing

24 Blake Street
Westborough,MA01581 		  PC To assist agencies and program sites with energy advice and upgrades. To introduce water recycling technology for low-income housing to reduce cost of water/sewer for elderly. 2,500
Total .................................right arrow 3a 189,500
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 17  
4 Dividends and interest from securities ....     14 100,461  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -15,519  
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 84,959 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
84,959
(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 InvestmentsCorpStockSchedule
Name:
Avidia Charitable Foundation Inc
EIN:
04-3371516
Name of Stock End of Year Book Value End of Year Fair Market Value
1,200 Shs Wells Fargo & Co. 59,064 59,064
2,000 Shs Charles Schwab Corp. 137,600 137,600
700 Shs Proctor & Gamble 102,578 102,578
1,050 Shs Phillips 66 139,797 139,797
1,400 Shs Pfizer Inc. 40,306 40,306
700 Shs Pepsico Inc. 118,888 118,888
1,400 Shs Mondelez International Inc. 101,402 101,402
1,000 Shs Microsoft 376,040 376,040
700 Shs Johnson & Johnson 109,718 109,718
900 Shs JP Morgan Chase 153,090 153,090
2,000 Shs Intel 100,500 100,500
375 Shs General Electric 47,861 47,861
800 Shs Emerson Electric Co. 77,864 77,864
1,751 Raytheon Technologies Corp 147,329 147,329
1,200 Shs ConocoPhillips 139,284 139,284
2,185 Shs Community Bank System Inc. 113,860 113,860
1,400 Shs Colgate Palmolive 111,594 111,594
1,700 Shs Cisco Systems Inc. 85,884 85,884
500 Shs Cigna Corporation Com 149,725 149,725
1,700 Bank of New York Mellon Corp. 88,485 88,485
4,000 Shs Bank of America 134,680 134,680
705 Shs Automatic Data Processing Inc. 164,244 164,244
700 Shs American Express 131,138 131,138
1,450 Shs Altria Group Inc. 58,493 58,493
1,934 Shs AT&T Inc. 32,453 32,453
1,600 Shs Garmin Ltd 205,664 205,664
1,000 Shs Walt Disney 90,290 90,290
400 Shs Costco Wholesale Corp. 264,032 264,032

TY 2023 InvestmentsGovtObligationsSch
Name:
Avidia Charitable Foundation Inc
EIN:
04-3371516
US Government Securities - End of Year Book Value:

893,733
US Government Securities - End of Year Fair Market Value:

893,733
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 OtherExpensesSchedule
Name:
Avidia Charitable Foundation Inc
EIN:
04-3371516
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Filing Fee 65 0   65


TY 2023 OtherIncreasesSchedule
Name:
Avidia Charitable Foundation Inc
EIN:
04-3371516
Description Amount
Unrealized Gain on Investments 344,903


TY 2023 TaxesSchedule
Name:
Avidia Charitable Foundation Inc
EIN:
04-3371516
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 844 0   0