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
WASHINGTON TRUST CO CHARITABLE FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)23 BROAD STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WESTERLY, RI02891
A Employer identification number

05-0477294
B Telephone number (see instructions)

(401) 654-4815
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$1,609,433J 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) 1,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 18,240 18,240  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 52,198
b Gross sales price for all assets on line 6a 126,704
7 Capital gain net income (from Part IV, line 2)... 52,198
8 Net short-term capital gain......... 0
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........ 1,070,438 70,438  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,276 216   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
50     50
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,326 216 0 50
25 Contributions, gifts, grants paid....... 674,597 674,597
26 Total expenses and disbursements. Add lines 24 and 25 677,923 216 0 674,647
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 392,515
b Net investment income (if negative, enter -0-) 70,222
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 610,309 1,024,070 1,024,070
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 251,329 Click to see attachment
List of Attached Documents:
// Content
255,568 		512,144
c Investments—corporate bonds (attach schedule)....... 100,247 Click to see attachment
List of Attached Documents:
// Content
74,894 		73,219
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)..........     0
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) 961,885 1,354,532 1,609,433
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........ 961,885 1,354,532
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 961,885 1,354,532
30 Total liabilities and net assets/fund balances (see instructions). 961,885 1,354,532
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
961,885
2
Enter amount from Part I, line 27a .....................
2
392,515
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
132
4
Add lines 1, 2, and 3 ..........................
4
1,354,532
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
1,354,532
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 190. TRUIST FINANCIAL CORP   2017-03-01 2023-03-29
b 450. BANK OF AMER CORP COM   2015-10-30 2023-03-30
c 115. J P MORGAN CHASE & CO COM   2012-01-04 2023-03-30
d 135. STARBUCKS CORP COM   2017-08-29 2023-03-30
e 50. WATSCO INC   2012-12-03 2023-03-30
25000. SAN JOSE S 06 FEB 2013 4.469% 01 AUG 203   2016-05-27 2023-08-01
55. QUALCOMM CORP   2021-09-21 2023-10-24
10. ALPHABET INC-CL A   2014-11-18 2023-11-08
10. APPLE COMPUTER   2011-01-03 2023-11-08
15. CISCO SYSTEMS   2016-08-16 2023-11-08
10. DISNEY WALT   2015-04-01 2023-11-08
5. META PLATFORMS INC-CLASS A   2015-01-14 2023-11-08
5. LAUDER ESTEE COS INC CL A   2013-07-01 2023-11-08
3. LOCKHEED MARTIN CORP COM   2016-08-26 2023-11-08
5. MICROSOFT CORP   2017-10-24 2023-11-08
5. NVIDIA CORP   2018-11-06 2023-11-08
5. PAYPAL HOLDINGS INC   2016-02-09 2023-11-08
2. THERMO ELECTRON CORP   2012-01-04 2023-11-08
60. LAUDER ESTEE COS INC CL A   2013-07-01 2023-12-11
5. ALPHABET INC-CL A   2014-11-18 2023-12-20
10. APPLE COMPUTER   2011-01-03 2023-12-20
10. BROADRIDGE FINANCIAL SOLUTIO   2015-04-01 2023-12-20
5. META PLATFORMS INC-CLASS A   2015-01-14 2023-12-20
5. NVIDIA CORP   2018-11-06 2023-12-20
1. THERMO ELECTRON CORP   2012-01-04 2023-12-20
5. VISA INC-CLASS A SHARES   2011-01-03 2023-12-20
(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 6,423   9,473 -3,050
b 12,660   7,996 4,664
c 14,726   3,951 10,775
d 13,665   7,318 6,347
e 15,784   3,578 12,206
25,000   25,000  
6,024   7,299 -1,275
1,311   273 1,038
1,826   118 1,708
800   467 333
846   1,051 -205
1,579   385 1,194
581   335 246
1,342   736 606
1,806   396 1,410
2,314   266 2,048
270   165 105
919   93 826
8,085   4,021 4,064
705   137 568
1,972   118 1,854
1,979   545 1,434
1,767   385 1,382
2,492   266 2,226
528   46 482
1,300   88 1,212
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       -3,050
b       4,664
c       10,775
d       6,347
e       12,206
       
      -1,275
      1,038
      1,708
      333
      -205
      1,194
      246
      606
      1,410
      2,048
      105
      826
      4,064
      568
      1,854
      1,434
      1,382
      2,226
      482
      1,212
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 52,198
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) 1 976
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........................... 3 976
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- ..... 5 976
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,637
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,637
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,661
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow976 Refundedright arrow 11 1,685
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 arrowRI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowNA
14
The books are in care ofright arrowThe Washington Trust Company Telephone no.right arrow (401) 654-4815

Located atright arrow23 BROAD STREETWESTERLYRI ZIP+4right arrow02891
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
The Washington Trust Company Trustee
2 		0    
23 Broad Street
Westerly,RI02891
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 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
581,891
b
Average of monthly cash balances.......................
1b
202,389
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
784,280
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
784,280
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
11,764
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
772,516
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
38,626
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
38,626
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
976
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
976
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
37,650
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
37,650
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
37,650
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
674,647
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
674,647
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 37,650
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...... 304,009
b From 2019...... 403,264
c From 2020...... 396,815
d From 2021...... 417,485
e From 2022...... 549,176
f Total of lines 3a through e ........ 2,070,749
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 674,647
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..... 37,650
e Remaining amount distributed out of corpus 636,997
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,707,746
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) ... 		304,009
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,403,737
10 Analysis of line 9:
a Excess from 2019.... 403,264
b Excess from 2020.... 396,815
c Excess from 2021.... 417,485
d Excess from 2022.... 549,176
e Excess from 2023.... 636,997
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).)
THE WASHINGTON TRUST COMPANY
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:
Dennis L Algiere
23 Broad Street
Westerly,RI02891
(401) 348-1207
bThe form in which applications should be submitted and information and materials they should include:
Letter outlining request
cAny submission deadlines:
October 1st of each year
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
None
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

Needham Community Council Inc

570 HILLSIDE AVENUE
Needham,MA02494 		NONE PC OPERATIONAL SERVICES 1,000

Horace Mann Educational Associates Inc

8 FORGE PARKWAY
East Franklin,MA020383138 		NONE PC UNRESTRICED GIFT 1,000

Greater Boston Food Bank Inc

70 S BAY AVE
Boston,MA02118 		NONE PC OPERATIONAL 1,212

Health and Social Services Consortium
Inc (HESSCO)
545 SOUTH STREET
Walpole,MA020812737 		NONE PC OPERATIONAL 1,000

Bryant University

1150 DOUGLAS PIKE
Smithfield,RI02917 		NONE PC SCHOLARSHIPS 5,000

Children's Friend & Service

153 SUMMER STREET
Providence,RI02903 		NONE PC OPERATIONAL PURPOSES 10,000

Family Service of Rhode Island

PO BOX 6688
Providence,RI02940 		NONE PC OPERATIONAL SERVICES 2,000

Federal Hill House Association Inc

9 COURTLAND STREET
Providence,RI029091503 		NONE PC OPERATIONAL 1,000

Boys & Girls Club of Providence

550 WICKENDEN STREET
PROVIDENCE,RI02903 		NONE PC OPERATIONAL 10,000

Providence College

OFFICE OF INSTITUTIONAL ADVANCEMENT
Providence,RI02918 		NONE PC EDUCATIONAL SERVICES 5,000

Bread of Life Food Pantry

100 NEWMAN AVENUE
Rumford,RI02916 		NONE PC OPERATIONS 1,000

Crossroads Rhode Island

160 BROAD STREET
Providence,RI02903 		NONE PC OPERATIONAL SERVICES 10,000

Saint Raphael Academy

123 WALCOTT STREET
Pawtucket,RI02860 		NONE PC OPERATIONS 7,000

Providence Public Library

150 EMPIRE STREET
Providence,RI02903 		NONE PC OPERATIONAL 5,000

RI Philharmonic Orchestra and Music
School
667 WATERMAN AVENUE
East Providence,RI02914 		NONE PC OPERATIONAL 10,000

Ocean Community YMCA

95 HIGH STREET
Westerly,RI02891 		NONE PC REACH OUT TO YOUTH CAMPAIGN 93,000

Saint Anthony Outreach Ministry

1413 MINERAL SPRING AVE
North Providence,RI02904 		NONE PC OPERATIONAL 1,000

Camp Jori

PO BOX 5299
Wakefield,RI02880 		NONE PC OPERATIONS 500

Insight

43 JEFFERSON BOULEVARD SUITE 1
Warwick,RI02888 		NONE PC OPERATIONAL SERVICES 1,000

United Way of Rhode Island Inc

50 VALLEY STREET
Providence,RI02909 		NONE PC OPERATIONS 68,500

HOUSINGWORKS RI AT ROGER WILLIAMS UNIV

1 EMPIRE PLAZA
PROVIDENCE,RI02903 		NONE PC GENERAL 5,000

St Pius X Church

44 ELM STREET
Westerly,RI02891 		NONE PC UNRESTRICTED GIFT 1,000

Johnson and Wales University

8 ABBOTT PARK PLACE
Providence,RI02903 		NONE PC GENERAL 15,000

Tri-County Community Action Agency

1126 HARTFORD AVEUE
Johnston,RI02919 		NONE PC OPERATIONS 1,000

Westbay Community Action Inc

224 BUTTONWOODS AVENUE
Warwick,RI02886 		NONE PC OPERATIONAL 1,000

Meals on Wheels of RI Inc

70 BATH STREET
Providence,RI02908 		NONE PC OPERATIONAL 1,000

The Tomaquag Indian Memorial Museum

ATTN LOREN SPEARS
Exeter,RI02822 		NONE PUBLIC CHARITY OPERATIONS 5,000

Thundermist Health Center

171 SERVICE AVENUE BUILDING 2
Warwick,RI02886 		NONE PC OPERATIONS 2,000

Jonnycake Center of Westerly

23 INDUSTRIAL DRIVE
Westerly,RI02891 		NONE PC OPERATIONAL SERVICES 3,000

Jonnycake Center of Peace Dale

1231 KINGSTOWN ROAD
Peace Dale,RI02883 		NONE PC OPERATIONAL SERVICES 3,500

The Samaritans Inc

67 PARK PLACE
Pawtucket,RI028604009 		NONE PC OPERATIONAL 1,000

Domestic Violence Resource Center of
South County Inc
61 MAIN STREET
Wakefield,RI02879 		NONE PC OPERATIONS 1,000

Wood River Health Services

823 MAIN STREET
Hope Valley,RI028321920 		NONE PC OPERATIONAL SERVICES 5,750

Day One

100 MEDWAY STREET
Providence,RI02906 		NONE PUBLIC CHARITY OPERATIONAL SERVICES 500

Institute for Labor Studies & Research

1540 PONTIAC AVENUE SUITE A
Cranston,RI02820 		NONE PC OPERATIONAL 1,000

AMOS HOUSE

460 PINE STREET
Providence,RI02907 		NONE PC OPERATIONAL 10,000

Narragansett Historical Society

PO BOX 418
Narragansett,RI02882 		NONE PC OPERATIONAL 1,000

Rhode Island Community Food Bank
Association
200 NIANTIC AVENUE
Providence,RI02907 		NONE PC OPERATIONS 18,355

UNIVERSITY OF RHODE ISLAND

79 UPPER COLLEGE ROAD
KINGSTON,RI02881 		NONE PC SCHOLARSHIPS 5,000

North Kingstown Food Pantry Inc

445 SCHOOL ST
North Kingsown,RI02852 		NONE PC OPERATIONAL SERVICES 1,000

IYRS School of Technology and Trades

449 THAMES STREET UNIT 111
Newport,RI02840 		NONE PC UNRESTRICTED GIFT 2,500

Waterspill Junction Inc

44 CUSTOM HOUSE STREET
Providence,RI02903 		NONE PC UNRESTRICTED GIFT 1,000

Friends of Narragansett Library

C/O MAURY LOONTJEN MEMORIAL LIBRARY
Narragansett,RI028823308 		NONE PC UNRESTRICTED GIFT 5,000

The Greater North End Community
Development Inc
68 PIERCE STREET
Westerly,RI02891 		NONE PC OPERATIONS 1,000

Care New England Health System

4 RICHMOND SQUARE 4TH FLOOR
Providence,RI029065117 		NONE PC OPERATIONAL 5,000

Rhode Island State Police Museum
Foundation Inc
311 DANIELSON PIKE
North Scituate,RI02857 		NONE PC OPERATIONAL 5,000

Rhode Island Free Clinic Inc

655 BROAD STREET
Providence,RI02907 		NONE PC OPERATIONS 6,000

Community MusicWorks

1392 WESTMINSTER STREET
Providence,RI02909 		NONE PC OPERATIONS 2,500

WESTERLY HOSPITAL FOUNDATION

25 WELLS STREET
WESTERLY,RI02891 		NONE PC UNRESTICTED GIFT 1,000

Community 2000 Education Foundation

PO BOX 1161
Charlestown,RI02813 		NONE PC OPERATIONAL SERVICES 1,000

Town of Hopkinton

1 TOWN HOUSE ROAD
Hopkinton,RI02833 		NONE PC UNRESTRICTED GIFT 1,300

City of Pawtucket

175 MAIN STREET
Pawtucket,RI02860 		NONE PC UNRESTRICTED GIFT 1,000

Town of Westerly

45 BROAD STREET
Westerly,RI02891 		NONE N/A OPERATIONS 11,500

Society of St Vincent De Paul Rhode
Island
25 WEBB STREET
Cranston,RI02920 		NONE PC OPERATIONAL 1,000

Comprehensive Community Action

311 DORIC AVENUE
Cranston,RI02910 		NONE PC OPERATIONAL SERVICES 1,000

CONGREGATION SHARAH ZEDEK

6 UNION STREET
Westerly,RI02891 		NONE PC UNRESTRICTED GIFT 5,000

Christian Community Action Inc

168 DAVENPORT AVENUE
New Haven,CT06519 		NONE PC OPERATIONAL 1,000

Connecticut Foodshare Inc

2 RESEARCH PARKWAY
Wallingford,CT06492 		NONE PC OPERATIONAL 580

Pawcatuck Neighborhood Center Inc

PO BOX 1697
Pawcatuck,CT063790697 		NONE PC OPERATIONAL SERVICES 1,000

Glastonbury Gives

GLASTONBURY FOOD AND FUEL BANK
Glastonbury,CT06033 		NONE PC OPERATIONS 1,000

United Congregational Church of Westerly

9 CASTLE HILL ROAD
Pawcatuck,CT06379 		NONE PC UNRESTRICTED GIFT 1,000

Dr Martin Luther King Jr Scholarship
Trust Fund
PO BOX 1308
New London,CT06320 		NONE PC SCHOLARSHIPS 1,000

Higher Ground International

250 PRAIRIE AVENUE
Providence,RI029052333 		NONE PC OPERATIONAL 1,000

LOCAL INITIATIVES SUPPORT CORPORATION

146 CLIFFORD STREET NO 1
PROVIDENCE,RI02903 		NONE PC OPERATIONS 10,000

Teach for America Inc

25 BROADWAY 12TH FLOOR
New York,NY10004 		NONE PC OPERATIONAL 10,000

R I CENTER ASSISTING THOSE IN
NEED
PO BOX 73
CAROLINA,RI02812 		NONE PC OPERATIONAL 1,000

Barrington Tap In Inc

PO BOX 252
Barrington,RI02806 		NONE PC UNRESTRICTED GIFT 1,000

Lucy's Hearth

913 W MAIN ROAD
Middletown,RI02842 		NONE PUBLIC CHARITY OPERATIONAL 1,000

Block Island Medical Center

PO BOX 919
Block Island,RI02807 		NONE PUBLIC CHARITY OPERATIONAL SERVICES 15,000

W B N A Inc

1560 WESTMINSTER STREET
Providence,RI02909 		NONE PC OPERATIONAL SERVICES 1,000

The Rhode Island Community Foundation

ONE UNION STATION
Providence,RI02903 		NONE PC CIVIC LEADERSHIP FUND 2,500

The Colonial Theatre

PO BOX 762
Westerly,RI02891 		NONE PC OPERATIONS 10,000

Better Lives Rhode Island

PO BOX 5639
Providence,RI02903 		NONE PC OPERATIONAL 1,000

RONALD MCDONALD HOUSE CHARITIES OF NEW

45 GAY STREET
PROVIDENCE,RI02905 		NONE PC GENERAL 1,000

NATIONAL ALLIANCE ON MENTAL ILLNESS

154 WATERMAN STREET
PROVIDENCE,RI02906 		NONE PC GENERAL 1,000

Westerly Area Rest Meals

56 SPRUCE STREET
Westerly,RI02891 		NONE PC OPERATIONAL SERVICES 6,000

Center for Southeast Asians

270 ELMWOOD AVE
Providence,RI029071524 		NONE PC OPERATIONAL 1,000

OLNEYVILLE HOUSING CORP

66 CHAFEE STREET
PROVIDENCE,RI02909 		NONE PC ONE NEIGBORHOOD BUILDERS 10,000

Gateway Community College Foundation

20 CHURCH STREET
New Haven,CT06510 		NONE PC UNRESTRICTED GIFT 5,000

Coventry Community Food Bank

191 MACARTHUR BLVD
Coventry,RI028165825 		NONE PC OPERATIONAL 1,000

SAN MIGUEL SCHOOL

525 BRANCH AVENUE
Providence,RI029042287 		NONE PC OPERATIONAL 50,000

Pawtucket Central Falls Development
Corporation
204 BROAD STREET
Pawtucket,RI02860 		NONE PC OPERATIONAL 10,000

WEST ELMWOOD HOUSING DEVELOPMENT
CORP
224 DEXTER ST
PROVIDENCE,RI02907 		NONE PC OPERATIONAL 7,500

Helping Hands Of Block Island Inc

PO BOX 1066
Block Island,RI028071066 		NONE PC OPERATIONAL 1,000

Supper Table

C/O SYLVIA BLANDA
Westerly,RI028910910 		NONE PC OPERATIONAL 2,400

PACE RHODE ISLAND

225 CHAPMAN STREET
PROVIDENCE,RI02905 		NONE PC OPERATIONS 2,000

Beautiful Day

66 BENEFIT STREET 100
Providence,RI029042742 		NONE PC OPERATIONAL 1,000

Northern Rhode Island Food Pantry Inc

PO BOX 7833
Cumberland,RI02864 		NONE PC OPERATIONAL 1,000

Amenity Aid

C/O ELIZABETH DUGGAN
North Kingstown,RI028524174 		NONE PC OPERATIONAL 1,000

OCEAN COMMUNITY UNITED THEATRE INC

PO BOX 384
Westerly,RI02891 		NONE PC OPERATIONAL 60,000

The Art Connection in Rhode Island

36 PARK PLACE NO 2
Pawtucket,RI02860 		NONE PC GENERAL 500

Rhode Island Business Development
Institute Inc
3 REGENCY PLAZA SUITE 3E
Providence,RI029033113 		NONE PC RI BLACK BUSINESS 5,000

Entrepreneurship for All Inc

175 CABOT STREET SUITE 100
Lowell,MA01854 		NONE PC OPERATIONS 15,000

Providence Promise

2 REGENCY PLAZA SUITE 4
Providence,RI02903 		NONE PC OPERATIONS 1,000

Scandinavian Home Inc

1811 BROAD STREET
Cranston,RI029053533 		NONE PC OPERATIONS 10,000

Homes for Our Troops Inc

6 MAIN STREET
Taunton,MA02780 		NONE PC OPERATIONS 1,000

Read To Succeed Inc

6 WATER VALLEY ROAD
Hope,RI02831 		NONE PC OPERATIONAL 500

RHODE ISLAND FOR COMMUNITY AND JUSTICE

271 NORTH MAIN STREET
PROVIDENCE,RI02903 		NONE PC OPERATIONS 1,000

The Capital Good Fund

333 SMITH STREET
Providence,RI029083753 		NONE PC OPERATIONAL SERVICES 1,000

Be The Change Sunday Meal

10 BROOKSIDE AVENUE
West Warwick,RI028160000 		NONE PC OPERATIONS 1,000

New Haven Promise Inc

28 LINCOLN WAY
New Haven,CT06510 		NONE PC OPERATIONS 10,000

SAINT ANTHONY OUTREACH MINISTRIES

5 GIBBS STREET
NORTH PROVIDENCE,RI02904 		NONE PC OPERATIONS 1,000

East Greenwich Interfaith Food Cupboard

1320 WATERFORD DRIVE
East Greenwich,RI028181053 		NONE PC GENERAL 1,000

Cape Verdean Museum Exhibit

1003 WATERMAN AVENUE
East Providence,RI029140187 		NONE PC UNRESTRICTED GIFT 2,500

Rhode Island Bankers Association
Foundation
C/O PATRICIA A OCTEAU
Providence,RI02905 		NONE PC UNRESTRICTED GIFT 20,000

Always Learning Rhode Island

1 PARK ROW STE 5
Providence,RI02903 		NONE PC OPERATIONS 15,000

THE WESTERLY LAND TRUST

PO BOX 601
WESTERLY,RI02891 		NONE PC GENERAL 2,000
Total .................................right arrow 3a 674,597
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 18,240  
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 52,198  
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) ..   70,438  
13Total. Add line 12, columns (b), (d), and (e)..................
13
70,438
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
WASHINGTON TRUST CO CHARITABLE FDN
 
Employer identification number

05-0477294
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
WASHINGTON TRUST CO CHARITABLE FDN
  		Employer identification number
05-0477294
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
The Washington Trust Company
23 Broad Street
 
Westerly, RI02891

$ 1,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
WASHINGTON TRUST CO CHARITABLE FDN
  		Employer identification number

05-0477294
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
WASHINGTON TRUST CO CHARITABLE FDN
  		Employer identification number

05-0477294
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 InvestmentsCorpBondsSchedule
Name:
WASHINGTON TRUST CO CHARITABLE FDN
EIN:
05-0477294
Name of Bond End of Year Book Value End of Year Fair Market Value
SEE ATTACHED STATEMENT 74,894 73,219

TY 2023 InvestmentsCorpStockSchedule
Name:
WASHINGTON TRUST CO CHARITABLE FDN
EIN:
05-0477294
Name of Stock End of Year Book Value End of Year Fair Market Value
SEE ATTACHED STATEMENT 255,568 512,144

TY 2023 OtherExpensesSchedule
Name:
WASHINGTON TRUST CO CHARITABLE FDN
EIN:
05-0477294
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER ALLOCABLE EXPENSE-PRINCI 50 0   50


TY 2023 OtherIncreasesSchedule
Name:
WASHINGTON TRUST CO CHARITABLE FDN
EIN:
05-0477294
Description Amount
MUTUAL FUND TIMING DIFFERENCE 132


TY 2023 TaxesSchedule
Name:
WASHINGTON TRUST CO CHARITABLE FDN
EIN:
05-0477294
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 10 10   0
FEDERAL ESTIMATES - PRINCIPAL 3,060 0   0
FOREIGN TAXES ON QUALIFIED FOR 110 110   0
FOREIGN TAXES ON NONQUALIFIED 96 96   0