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

04-6035327
B Telephone number (see instructions)

(617) 227-7940
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$7,664,550J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 131,395 131,395  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 352,599
b Gross sales price for all assets on line 6a 1,624,920
7 Capital gain net income (from Part IV, line 2)... 352,599
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,011 0  
12 Total. Add lines 1 through 11........ 491,005 483,994  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 66,053 27,526   38,527
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).... Click to see attachment
List of Attached Documents:
// Content
33,463 5,456   28,007
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,799 1,199   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
80 10   70
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 106,395 34,191   66,604
25 Contributions, gifts, grants paid....... 185,700 185,700
26 Total expenses and disbursements. Add lines 24 and 25 292,095 34,191   252,304
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 198,910
b Net investment income (if negative, enter -0-) 449,803
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 226,779 481,449 481,449
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) 1,777,231 Click to see attachment
List of Attached Documents:
// Content
1,812,000 		1,814,899
b Investments—corporate stock (attach schedule)....... 2,069,087 Click to see attachment
List of Attached Documents:
// Content
1,975,133 		5,368,202
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) 4,073,097 4,268,582 7,664,550
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........ 3,355,623 3,352,198
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 717,474 916,384
29 Total net assets or fund balances (see instructions)..... 4,073,097 4,268,582
30 Total liabilities and net assets/fund balances (see instructions). 4,073,097 4,268,582
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
4,073,097
2
Enter amount from Part I, line 27a .....................
2
198,910
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,272,007
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,425
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,268,582
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 150000. US TREASURY NOTE 1.50% 02/28/2023 P 2020-10-01 2023-02-28
b 300. AMERICAN TOWER CORP NEW COM P 2021-09-28 2023-03-28
c 50. APPLE INC COM P 2013-06-24 2023-03-28
d 100. WALT DISNEY COMPANY P 2018-09-26 2023-03-28
e 100. JOHNSON & JOHNSON P 1983-04-19 2023-03-28
800. ABBVIE INC COM P 2008-11-11 2023-06-27
250. ADVANCED MICRO DEVICES INC P 2010-11-10 2023-06-27
200. ALPHABET INC CL A P 2015-06-17 2023-06-27
50. AMAZON.COM INC P 2020-03-25 2023-06-27
700. CVS CORP COMMON P 2021-03-30 2023-06-27
400. CHURCH & DWIGHT CO INC P 2010-08-17 2023-06-27
1000. WALT DISNEY COMPANY P 2020-03-25 2023-06-27
150. ILLUMINA INC COM P 2012-09-26 2023-06-27
50. ADVANCED MICRO DEVICES INC P 2010-11-10 2023-06-30
200000. US TREASURY NOTE 0.125% 09/15/2023 P 2021-12-28 2023-08-07
110. AIR PRODUCTS & CHEMICALS INC P 2010-04-29 2023-09-26
415. CHURCH & DWIGHT CO INC P 2010-08-17 2023-09-26
250. HONEYWELL INTERNATIONAL INC P 2021-06-30 2023-09-26
50. MASTERCARD INC CL A P 2012-06-27 2023-09-26
300. RTX CORPORATION COM P 2018-07-03 2023-09-26
105. STRYKER CORP P 1995-09-21 2023-09-26
.3331 VERALTO CORP COM SHS P 2016-12-27 2023-10-02
283. VERALTO CORP COM SHS P 2016-12-27 2023-11-03
200000. US TREASURY NOTE 0.25% 03/15/2024 P 2021-07-02 2023-11-29
100000. US TREASURY NOTE 2.875% 11/30/2023 P 2022-09-29 2023-11-30
400. ADVANCED MICRO DEVICES INC P 2010-11-10 2023-12-19
185. CHURCH & DWIGHT CO INC P 2010-08-17 2023-12-19
125. HONEYWELL INTERNATIONAL INC P 2020-12-23 2023-12-19
600. RTX CORPORATION COM P 2020-06-24 2023-12-19
50 ILLUMINA INC COM P 2022-12-22 2023-06-27
150000. US TREASURY NOTE 2.75% 08/31/2023 P 2022-09-29 2023-08-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 150,000   150,000 0
b 57,660   72,966 -15,306
c 7,865   713 7,152
d 9,482   11,568 -2,086
e 15,190   301 14,889
106,173   22,994 83,179
27,549   3,989 23,560
23,655   5,461 18,194
6,460   4,822 1,638
48,005   42,659 5,346
39,383   6,280 33,103
89,123   109,649 -20,526
27,518   7,097 20,421
5,699   798 4,901
198,906   198,906 0
31,574   7,885 23,689
38,704   6,515 32,189
47,119   54,230 -7,111
19,783   2,160 17,623
21,631   21,585 46
28,869   602 28,267
25   9 16
20,052   7,604 12,448
197,077   199,261 -2,184
100,000   100,000 0
56,058   6,382 49,676
17,140   2,904 14,236
25,563   26,316 -753
49,484   38,936 10,548
9,173   9,729 -556
150,000   150,000 0
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       0
b       -15,306
c       7,152
d       -2,086
e       14,889
      83,179
      23,560
      18,194
      1,638
      5,346
      33,103
      -20,526
      20,421
      4,901
      0
      23,689
      32,189
      -7,111
      17,623
      46
      28,267
      16
      12,448
      -2,184
      0
      49,676
      14,236
      -753
      10,548
      -556
      0
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 2 352,599
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 6,252
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 6,252
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 6,252
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 5,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,600
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 9 652
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 arrowHEMENWAY BARNES LLP Telephone no.right arrow (617) 227-7940

Located atright arrow75 STATE STREETBOSTONMA ZIP+4right arrow021091466
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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)
Yes
 
(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
 
No
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
ARTHUR B PAGE DIRECTOR/TRUSTEE
2.00 		27,527 0 0
HEMENWAY BARNES LLP 75 STATE ST
BOSTON,MA021091466
JOSEPH L BIERWIRTH DIRECTOR/TRUSTEE
2.00 		27,526 0 0
HEMENWAY BARNES LLP 75 STATE ST
BOSTON,MA021091466
JUDITH A ROBERTSON DIRECTOR/PRESIDENT
1.00 		5,500 0 0
65 ELM STREET
FREEDOM,NH03836
SHEILA CHRISTENSEN DIRECTOR
1.00 		5,500 0 0
8R OLD POINT ROAD
NEWBURY,MA01951
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
6,866,557
b
Average of monthly cash balances.......................
1b
473,548
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
7,340,105
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
7,340,105
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
110,102
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,230,003
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
361,500
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
361,500
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
6,252
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,252
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
355,248
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
355,248
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
355,248
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
252,304
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
252,304
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 7 355,248
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...... 26,678
b From 2019...... 57,297
c From 2020...... 8,458
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 92,433
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 252,304
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..... 252,304
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 92,433 92,433
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		10,511
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ARTHUR B PAGE ESQFLORENCE BUSHEE FD
HEMENWAY BARNES LLP 75 STATE ST
BOSTON,MA021091466
(617) 227-7940
bThe form in which applications should be submitted and information and materials they should include:
PROPERLY FILLED OUT APPLICATION A COLLEGE TRANSCRIPT MUST BE PROVIDED
cAny submission deadlines:
MAY 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NEWBURY MA AREA RESIDENTS FOR UNDERGRADUATE STUDY AT ACCREDITED INSTITUITIONS
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

AMERICAN UNIVERSITY FBO JAMES HAYES

4400 MASSACHUSETTS AVE NW
WASHINGTON,DC200168001 		N/A N/A SCHOLARSHIP 4,500

BABSON COLLEGE FBO PETER D'AMBROSIO

231 FOREST STREET
BABSON PARK,MA024570310 		N/A N/A SCHOLARSHIP 5,700

BATES COLLEGE FBO JAMISON BELL

44 MOUNTAIN AVENUE
LEWISTON,ME04240 		N/A N/A SCHOLARSHIP 5,700

BRIDGEWATER STATE UNIVERSITY FBO LIAM GATELY

131 SUMMER STREET
BRIDGEWATER,MA02325 		N/A N/A SCHOLARSHIP 3,500

BRIDGEWATER STATE UNIVERSITY FBO OLIVIA ROWE

131 SUMMER STREET
BRIDGEWATER,MA02325 		N/A N/A SCHOLARSHIP 3,700

BROWN UNIVERSITY FBO NORA LANDRY

69 BROWN STREET
PROVIDENCE,RI02912 		N/A N/A SCHOLARSHIP 3,700

ENDICOTT COLLLEGE FBO AUTUMN PARSEGHIAN

376 HALE STREET
BEVERLY,MA01915 		N/A N/A SCHOLARSHIP 5,700

FIRST PARISH OF NEWBURY

20 HIGH ROAD
NEWBURYPORT,MA01951 		N/A PUBLIC CHARITY GENERAL PURPOSE 2,500

GEORGE WASHINGTON UNIVERSITY FBO ERIN WALLWORK

2121 I ST NW
WASHINGTON,DC20052 		N/A N/A SCHOLARSHIP 1,000

HISTORICAL SOCIETY OF OLD NEWBURYPORT

98 HIGH STREET
NEWBURYPORT,MA01950 		N/A PUBLIC CHARITY GENERAL PURPOSE 3,500

LEHIGH UNIVERSITY FBO TALIA BEECH

27 MEMORIAL DRIVE WEST
BETHLEHEM,PA18015 		N/A N/A SCHOLARSHIP 4,500

LESLEY UNIVERSITY FBO MARCELLA HUBBARD-BRUCHER

29 EVERETT STREET
CAMBRIDGE,MA02138 		N/A N/A SCHOLARSHIP 6,700

MASS COLLEGE OF PHARMACY AND HEALTH SCIENCES FBO MAKALA ERICKSON

179 LONGWOOD AVE
BOSTON,MA02115 		N/A N/A SCHOLARSHIP 3,700

MASSACHUSETTS INSTITUTE OF TECHNOLOGY FBO DREESE FADIL

77 MASSACHUSETTS AVE
CAMBRIDGE,MA02139 		N/A N/A SCHOLARSHIP 5,600

MASSACHUSETTS MARITIME ACADEMY FBO LIAM MURRAY

101 ACADEMY DRIVE
BUZZARDS BAY,MA02532 		N/A N/A SCHOLARSHIP 4,500

MERRIMACK COLLEGE FBO MAEGAN TAYLOR

315 TURNPIKE STREET
NORTH ANDOVER,MA01845 		N/A N/A SCHOLARSHIP 4,200

MIDDLEBURY COLLEGE FBO SAMUEL BELL

84 SOUTH SERVICE ROAD
MIDDLEBURY,VT05753 		N/A N/A SCHOLARSHIP 5,700

NORTH SHORE COMMUNITY COLLEGE FBO ALEXA ENGLEHART

1 FERNCROFT RD
DANVERS,MA01923 		N/A N/A SCHOLARSHIP 3,700

NORTHEASTERN UNIVERSITY FBO DANIEL GRODER

360 HUNTINGTON AVE
BOSTON,MA02115 		N/A N/A SCHOLARSHIP 5,700

NORTHEASTERN UNIVERSITY FBO MIA YIM

360 HUNTINGTON AVE
BOSTON,MA02115 		N/A N/A SCHOLARSHIP 3,700

SIMMONS UNIVERSITY FBO CAROLINE DESIMIO-MALONEY

300 THE FENWAY
BOSTON,MA02115 		N/A N/A SCHOLARSHIP 6,200

SOUTHERN NEW HAMPSHIRE UNIVERSITY FBO MAYA COLE

2500 NORTH RIVER ROAD
MANCHESTER,NH03106 		N/A N/A SCHOLARSHIP 1,000

ST LAWRENCE UNIVERSITY FBO ISABELLE REINIGER

23 ROMODA DRIVE
CANTON,NY13617 		N/A N/A SCHOLARSHIP 5,600

ST LAWRENCE UNIVERSITY FBO CHRISTOPHER O'DONNELL

23 ROMODA DRIVE
CANTON,NY13617 		N/A N/A SCHOLARSHIP 2,000

ST LAWRENCE UNIVERSITY FBO DARCIE MCDONOUGH

23 ROMODA DRIVE
CANTON,NY13617 		N/A N/A SCHOLARSHIP 3,500

UNION COLLEGE FBO DUNCAN DENER

807 UNION STREET
SCHENECTADY,NY12308 		N/A N/A SCHOLARSHIP 3,500

UNIVERSITY OF ALABAMA FBO KATE HERNDON

PO BOX 870120
TUSCALOOSA,AL35487 		N/A N/A SCHOLARSHIP 7,200

UNIVERSITY OF CALIFORNIA LOS ANGELES FBO EMMA HOULIHAN

405 HILGARD - A129MURPHY
LOS ANGELES,CA900951435 		N/A N/A SCHOLARSHIP 6,200

UNIVERSITY OF MASSACHUSETTS AMHERST FBO ALEXANDER WING

181 PRESIDENTS DRIVE
AMHERST,MA01003 		N/A N/A SCHOLARSHIP 5,500

UNIVERSITY OF MASSACHUSETTS AMHERST FBO ANDREA BOYLE

181 PRESIDENTS DRIVE
AMHERST,MA01003 		N/A N/A SCHOLARSHIP 1,000

UNIVERSITY OF MASSACHUSETTS AMHERST FBO ELIZABETH PROTOPAPAS

181 PRESIDENTS DRIVE
AMHERST,MA01003 		N/A N/A SCHOLARSHIP 2,500

UNIVERSITY OF MASSACHUSETTS AMHERST FBO HANNAH LONGO

181 PRESIDENTS DRIVE
AMHERST,MA01003 		N/A N/A SCHOLARSHIP 2,600

UNIVERSITY OF MASSACHUSETTS AMHERST FBO WILLIAM THORESON

181 PRESIDENTS DRIVE
AMHERST,MA01003 		N/A N/A SCHOLARSHIP 1,000

UNIVERSITY OF MASSACHUSETTS LOWELL FBO AUSTIN SILVERSTEIN

220 PAWTUCKET STREET M30
LOWELL,MA01854 		N/A N/A SCHOLARSHIP 4,000

UNIVERSITY OF NEW HAMPSHIRE FBO CAELAN TWICHELL

12 GARRISON AVENUE
DURHAM,NH03824 		N/A N/A SCHOLARSHIP 1,000

UNIVERSITY OF NEW HAMPSHIRE FBO ALEXANDRA REGNIER

11 GARRISON AVENUE
DURHAM,NH03824 		N/A N/A SCHOLARSHIP 2,500

UNIVERSITY OF NEW HAVEN FBO PAIGE LEAVITT

300 BOSTON POST ROAD
WEST HAVEN,CT06516 		N/A N/A SCHOLARSHIP 3,700

UNIVERSITY OF RHODE ISLAND FBO TESS BEECH

45 UPPER COLLEGE ROAD
KINGSTON,RI02881 		N/A N/A SCHOLARSHIP 5,100

UNIVERSITY OF WISCONSIN MADISON FBO EMMA SPECK-WAYNE

333 EAST CAMPUS MALL 9701
MADISON,WI53715 		N/A N/A SCHOLARSHIP 5,700

VIRGINIA COMMONWEALTH UNIVERSITY FBO AVERY STEPHENSON

1015 FLOYD AVE
RICHMOND,VA23220 		N/A N/A SCHOLARSHIP 1,000

VIRGINIA TECH FBO BRADY O'DONNELL

925 PRICES FORK ROAD
BLACKCBURG,VA24061 		N/A N/A SCHOLARSHIP 2,600

WASHINGTON AND LEE UNIVERSITY FBO SARAH BURD

204 W WASHINGTON ST
LEXINGTON,VA24450 		N/A N/A SCHOLARSHIP 5,100

WORCESTER POLYTECHNIC INSTITUTE FBO NATHAN EWELL

100 INSTITUTE ROAD
WORCESTER,MA01609 		N/A N/A SCHOLARSHIP 3,700

CLARKSON UNIVERSITY FBO COLIN PEARSON

8 CLARKSON AVE
POTSDAM,NY13699 		N/A N/A SCHOLARSHIP 1,000

CLARKSON UNIVERSITY FBO WESLEY ROLLINS

8 CLARKSON AVE
POTSDAM,NY13699 		N/A N/A SCHOLARSHIP 1,000

ENDICOTT COLLLEGE FBO ANNAMARIA SCUDERI

376 HALE STREET
BEVERLY,MA01915 		N/A N/A SCHOLARSHIP 1,000

GEORGIA INSTITUTE OF TECHNOLOGY FBO WILLIAM ACQUAVIVA

NORTHERN AVENUE
ATLANTA,GA30332 		N/A N/A SCHOLARSHIP 1,000

PACE UNIVERSITY FBO TESS SCHMIDT

ONE PACE PLAZA
NEW YORK,NY10038 		N/A N/A SCHOLARSHIP 1,000

QUINNIPIAC UNIVERSITY FBO ALEJANDRO JUSTE

275 MT CARMEL AVE
HAMDEN,CT06518 		N/A N/A SCHOLARSHIP 1,000

QUINNIPIAC UNIVERSITY FBO ALLISON PUGH

275 MT CARMEL AVE
HAMDEN,CT06518 		N/A N/A SCHOLARSHIP 1,000

ROCHESTER INSTITUTE OF TECHNOLOGY FBO NICK HUBBARD-BRUCHER

1 LOMB MEMORIAL DRIVE
ROCHESTER,NY14623 		N/A N/A SCHOLARSHIP 1,000

SAINT JOSEPH'S COLLEGE OF MAINE FBO JULIA PRICE

278 WHITES BRIDGE RD
STANDISH,ME04084 		N/A N/A SCHOLARSHIP 1,000

SAINT JOSEPH'S COLLEGE OF MAINE FBO RILEY BELL

278 WHITES BRIDGE RD
STANDISH,ME04084 		N/A N/A SCHOLARSHIP 1,000

SKIDMORE COLLEGE FBO GEORGIA SMITH

815 N BROADWAY
SARATOGA SPRINGS,NY12866 		N/A N/A SCHOLARSHIP 1,000

SUFFOLK UNIVERSITY FBO BELLA MARTIN

73 TREMONT ST
BOSTON,MA02108 		N/A N/A SCHOLARSHIP 1,000

UNIVERSITY OF MASSACHUSETTS AMHERST FBO BRAEDEN MCDONALD

181 PRESIDENTS DRIVE
AMHERST,MA01003 		N/A N/A SCHOLARSHIP 1,000

UNIVERSITY OF MASSACHUSETTS AMHERST FBO CARLY WEBB

181 PRESIDENTS DRIVE
AMHERST,MA01003 		N/A N/A SCHOLARSHIP 1,000

UNIVERSITY OF MASSACHUSETTS AMHERST FBO DAVID POUGH

181 PRESIDENTS DRIVE
AMHERST,MA01003 		N/A N/A SCHOLARSHIP 1,000

UNIVERSITY OF NEW HAMPSHIRE FBO PARKER HERTIGAN

11 GARRISON AVENUE
DURHAM,NH03824 		N/A N/A SCHOLARSHIP 1,000
Total .................................right arrow 3a 185,700
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 ........... 		         
4 Dividends and interest from securities ....     14 131,395  
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 .....     01 7,011  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 352,599  
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) .. 0 491,005 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
491,005
(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:
FLORENCE EVANS BUSHEE FOUNDATION INC
EIN:
04-6035327
Name of Stock End of Year Book Value End of Year Fair Market Value
1900 ABBOTT LABS 52,782 209,133
1350 ADVANCED MICRO DEVICES 21,540 199,003
390 AIR PRODUCTS & CHEM 27,957 106,782
1765 ALPHABET INC CL A 64,846 246,553
1070 AMAZON.COM 93,446 162,576
750 ANALOG DEVICES 80,198 148,920
1450 APPLE 20,691 279,168
710 APTARGROUP 80,100 87,770
1000 AUTOMATIC DATA PROCESSING 35,489 232,970
500 BECTON DICKINSON 126,151 121,915
1100 CANADIAN NATL RAILWAY 101,078 138,193
1000 CHEVRON 124,236 149,160
1600 CHURCH & DWIGHT 25,119 151,296
850 DANAHER CORP 57,671 196,639
1515 FISERV 59,988 201,253
400 HOME DEPOT 58,465 138,620
125 HONEYWELL INTL 26,316 26,214
1100 JOHNSON & JOHNSON 3,312 172,414
600 MASTERCARD 25,921 255,906
700 MEDTRONIC 68,894 57,666
800 MICROSOFT 18,999 300,832
885 NESTLE SA ADR 103,931 102,533
750 NIKE INC CLASS B 96,486 81,427
350 NVIDIA CORP 46,189 173,327
900 PROCTER & GAMBLE 2,950 131,886
700 ROCKWELL AUTOMATION 58,682 217,336
600 RTX CORPORATION 34,654 50,484
1965 SCHNEIDER ELEC SA ADR 69,840 78,916
645 STRYKER CORP 3,697 193,152
2000 SYSCO 13,741 146,260
1650 TJX COS 105,718 154,786
400 UNITED HEALTH GROUP 99,214 210,588
550 WAL-MART STORES 67,451 86,707
1380 XYLEM INC 99,381 157,817

TY 2023 InvestmentsGovtObligationsSch
Name:
FLORENCE EVANS BUSHEE FOUNDATION INC
EIN:
04-6035327
US Government Securities - End of Year Book Value:

1,812,000
US Government Securities - End of Year Fair Market Value:

1,814,899
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 OtherDecreasesSchedule
Name:
FLORENCE EVANS BUSHEE FOUNDATION INC
EIN:
04-6035327
Description Amount
BOOK/TAX ADJUSTMENT 3,425


TY 2023 OtherExpensesSchedule
Name:
FLORENCE EVANS BUSHEE FOUNDATION INC
EIN:
04-6035327
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMM OF MA - PC ANNUAL REPORT FILING FEE 70 0   70
ADR FEES 10 10   0


TY 2023 OtherIncomeSchedule2
Name:
FLORENCE EVANS BUSHEE FOUNDATION INC
EIN:
04-6035327
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
2022 FEDERAL EXCISE TAX OVERPAYMENT APPLIED 4,461 0 4,461
RECOVERIES OF AMOUNTS TREATED AS QUALIFYING DISTRIBUTIONS 2,550 0 2,550


TY 2023 OtherProfessionalFeesSchedule
Name:
FLORENCE EVANS BUSHEE FOUNDATION INC
EIN:
04-6035327
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
HEMENWAY & BARNES LLP - TAX PREPARATION FEE 5,456 5,456   0
HEMENWAY & BARNES LLP - GRANT ADMINISTRATION 28,007 0   28,007


TY 2023 TaxesSchedule
Name:
FLORENCE EVANS BUSHEE FOUNDATION INC
EIN:
04-6035327
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX - 2023 ESTIMATE 1,139 0   0
FOREIGN TAXES 1,199 1,199   0
2022 FEDERAL EXCISE TAX OVERPAYMENT APPLIED 4,461 0   0