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
FAYE H DEANE SCHOLARSHIP FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 382
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WOODS HOLE, MA02543
A Employer identification number

04-2900642
B Telephone number (see instructions)

(508) 540-4655
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$357,034
J 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... 11,857 11,765  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 18,708
b Gross sales price for all assets on line 6a 102,131
7 Capital gain net income (from Part IV, line 2)... 18,708
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........ 30,565 30,473  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,000 4,500   1,500
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)....... 2,160 1,080 0 1,080
c Other professional fees (attach schedule).... 3,222 1,611   1,611
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 813 22   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)....... 35     35
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,230 7,213 0 4,226
25 Contributions, gifts, grants paid....... 61,000 61,000
26 Total expenses and disbursements. Add lines 24 and 25 73,230 7,213 0 65,226
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -42,665
b Net investment income (if negative, enter -0-) 23,260
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.........      
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).......      
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)..........     0
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
341,741
Click to see attachment
List of Attached Documents:
// Content
324,752
Click to see attachment
List of Attached Documents:
// Content
357,034
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 341,741 324,752 357,034
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........ 341,741 324,752
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)..... 341,741 324,752
30 Total liabilities and net assets/fund balances (see instructions). 341,741 324,752
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
341,741
2
Enter amount from Part I, line 27a .....................
2
-42,665
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
25,676
4
Add lines 1, 2, and 3 ..........................
4
324,752
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
324,752
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 35. AT & T INC   2014-03-20 2023-01-09
b 15. AT & T INC   2018-08-15 2023-03-22
c 2. AT & T INC   2018-08-15 2023-05-31
d 2. ABBOTT LABORATORIES INC   2020-07-08 2023-03-22
e 4. ABBVIE INC   2022-01-18 2023-01-09
2. ABBVIE INC   2022-01-18 2023-03-22
2. AIR PRODUCTS & CHEMICALS   2019-03-01 2023-01-09
1. AIR PRODUCTS & CHEMICALS   2019-03-01 2023-03-22
8. AMEREN CORP.   2020-07-10 2023-01-09
3. AMEREN CORP.   2020-07-10 2023-03-22
11. AMERICAN ELEC POWER CO   2018-07-17 2023-01-09
3. AMERICAN ELEC POWER CO   2018-07-17 2023-03-22
1. AMERICAN ELEC POWER CO   2018-07-17 2023-05-31
1. AMERICAN EXPRESS CO   2022-01-18 2023-03-22
2. ANALOG DEVICES   2016-05-04 2023-01-09
1. ANALOG DEVICES   2016-05-04 2023-03-22
1. BLACKROCK INC.   2015-07-21 2023-03-22
2. BROADCOM INC   2018-04-02 2023-01-09
1. BROADCOM INC   2018-07-23 2023-03-22
2. BROADCOM INC   2018-07-23 2023-07-18
1. BROADCOM INC   2018-07-23 2023-09-26
12. CAMDEN PROPERTY TRUST   2022-04-19 2023-01-09
2. CHEVRON CORP   2012-07-19 2023-03-22
6. CISCO SYSTEMS INC   2016-01-26 2023-01-09
3. CISCO SYSTEMS INC   2016-01-26 2023-03-22
110.533 COLUMBIA CORPORATE INCOME FUND   2019-01-09 2023-01-10
64.71 COLUMBIA CORPORATE INCOME FUND   2019-01-11 2023-01-12
67.057 COLUMBIA CORPORATE INCOME FUND   2019-01-09 2023-03-22
9.972 COLUMBIA CORPORATE INCOME FUND   2019-01-09 2023-05-31
2. CONOCOPHILLIPS   2022-01-18 2023-03-22
11. CROWN CASTLE INC.   2020-07-21 2023-01-09
1. DARDEN RESTAURANTS INC.   2021-07-07 2023-01-09
1. DARDEN RESTAURANTS INC.   2021-07-07 2023-03-22
5. DEERE & CO   2023-07-28 2023-09-05
5. EASTMAN CHEMICAL CO   2021-07-07 2023-01-09
1. EASTMAN CHEMICAL CO   2021-07-07 2023-03-22
4. HARTFORD FINANCIAL SERVICES GROUP INC.   2022-05-03 2023-01-09
2. HARTFORD FINANCIAL SERVICES GROUP INC.   2022-05-03 2023-03-22
5. HOME DEPOT INC   2020-05-06 2023-01-09
6. HOME DEPOT INC   2020-07-21 2023-02-01
1. HONEYWELL INT'L INC.   2022-04-01 2023-03-22
52. INVESCO BULLETSHARES INVESCO BULLETSHARE   2023-01-09 2023-03-22
8. INVESCO BULLETSHARES INVESCO BULLETSHARE   2023-01-09 2023-05-31
8. INVESCO BULLETSHARES 2030 CORPORATE BOND   2022-01-20 2023-01-11
51. INVESCO BULLETSHARES 2030 CORPORATE BOND   2022-01-18 2023-03-22
8. INVESCO BULLETSHARES 2030 CORPORATE BOND   2022-01-18 2023-05-31
11. INVESCO BULLETSHARES 2029 CORPORATE BOND   2021-01-13 2023-01-11
46. INVESCO BULLETSHARES 2029 CORPORATE BOND   2021-01-11 2023-03-22
7. INVESCO BULLETSHARES 2029 CORPORATE BOND   2021-01-11 2023-05-31
13. INVESCO BULLETSHARES 2028 CORPORATE BOND   2020-01-16 2023-01-11
42. INVESCO BULLETSHARES 2028 CORPORATE BOND   2021-01-11 2023-03-22
6. INVESCO BULLETSHARES 2028 CORPORATE BOND   2021-01-11 2023-05-31
16. INVESCO BULLETSHARES 2027 CORPORATE BOND   2020-01-16 2023-01-11
43. INVESCO BULLETSHARES 2027 CORPORATE BOND   2021-01-11 2023-03-22
6. INVESCO BULLETSHARES 2027 CORPORATE BOND   2021-01-11 2023-05-31
19. INVESCO BULLETSHARES 2026 CORPORATE BOND   2020-01-16 2023-01-11
43. INVESCO BULLETSHARES 2026 CORPORATE BOND   2021-01-11 2023-03-22
6. INVESCO BULLETSHARES 2026 CORPORATE BOND   2021-01-11 2023-05-31
21. INVESCO BULLETSHARES 2025 CORPORATE BOND   2019-01-11 2023-01-11
41. INVESCO BULLETSHARES 2025 CORPORATE BOND   2021-01-11 2023-03-22
6. INVESCO BULLETSHARES 2025 CORPORATE BOND   2021-01-11 2023-05-31
4. INVESCO BULLETSHARES 2024 CORPORATE BOND   2020-02-11 2023-01-09
24. INVESCO BULLETSHARES 2024 CORPORATE BOND   2018-01-08 2023-01-11
40. INVESCO BULLETSHARES 2024 CORPORATE BOND   2020-02-11 2023-03-22
6. INVESCO BULLETSHARES 2024 CORPORATE BOND   2020-02-11 2023-05-31
34. INVESCO BULLETSHARES 2023 CORPORATE BOND   2020-02-05 2023-01-09
30. INVESCO BULLETSHARES 2023 CORPORATE BOND   2017-01-10 2023-01-11
39. INVESCO BULLETSHARES 2023 CORPORATE BOND   2020-02-05 2023-03-22
6. INVESCO BULLETSHARES 2023 CORPORATE BOND   2020-02-05 2023-05-31
130. INVESCO BULLETSHARES 2023 CORPORATE BOND   2018-01-30 2023-12-20
565. INVESCO BULLETSHARES 2023 CORPORATE BOND   2022-01-18 2023-12-20
9. I SHARES I BOXX INVESTMENT GRADE CORPORA   2022-06-01 2023-01-09
4. I SHARES I BOXX INVESTMENT GRADE CORPORA   2022-06-01 2023-01-11
4. I SHARES I BOXX INVESTMENT GRADE CORPORA   2022-06-01 2023-03-22
1. I SHARES I BOXX INVESTMENT GRADE CORPORA   2022-06-01 2023-05-31
11. I SHARES CORE DIVIDEND GROWTH   2020-05-06 2023-01-09
11. I SHARES CORE DIVIDEND GROWTH   2020-05-06 2023-03-22
2. I SHARES CORE DIVIDEND GROWTH   2020-05-06 2023-05-31
4. J P MORGAN CHASE & CO   2013-02-19 2023-01-09
3. J P MORGAN CHASE & CO   2013-02-19 2023-03-22
3. JOHNSON & JOHNSON   2012-07-19 2023-01-09
1. JOHNSON & JOHNSON   2012-07-19 2023-03-22
20. JOHNSON & JOHNSON   2020-07-21 2023-04-17
1. KLA INSTRUMENTS CORP   2020-05-06 2023-01-09
1. KLA INSTRUMENTS CORP   2020-05-06 2023-03-22
2. KLA INSTRUMENTS CORP   2020-05-06 2023-04-13
7. KINDER MORGAN INC.   2022-07-27 2023-01-09
8. KINDER MORGAN INC.   2022-07-27 2023-03-22
1. KINDER MORGAN INC.   2022-07-27 2023-05-31
1. ELI LILLY & CO   2021-07-07 2023-01-09
1. ELI LILLY & CO   2021-07-07 2023-03-22
1. MARATHON PETE CORP   2023-01-09 2023-03-22
14. MERCK & CO INC. NEW   2018-03-15 2023-01-09
2. MERCK & CO INC. NEW   2018-03-15 2023-03-22
1. MICROSOFT   2016-05-04 2023-01-09
2. MICROSOFT   2016-05-04 2023-03-22
2. MICROSOFT   2016-05-04 2023-04-13
3. MICROSOFT   2016-05-04 2023-07-18
4. MOTOROLA SOLUTIONS, INC.   2018-11-08 2023-01-09
1. MOTOROLA SOLUTIONS, INC.   2018-11-08 2023-03-22
9. MOTOROLA SOLUTIONS, INC.   2020-07-21 2023-04-13
2. NORTHROP GRUMMAN   2021-07-07 2023-01-09
4. NORTHROP GRUMMAN   2021-07-07 2023-01-25
2. ORACLE CORPORATION   2022-01-18 2023-03-22
5. ORACLE CORPORATION   2022-01-18 2023-09-26
3. PNC BANK CORP   2020-07-21 2023-01-09
2. PNC BANK CORP   2020-11-20 2023-03-22
1. PAYCHEX INC   2014-12-16 2023-01-09
1. PAYCHEX INC   2014-12-16 2023-03-22
14. PAYCHEX INC   2020-07-21 2023-04-13
4. PEPSICO INC   2012-07-19 2023-01-09
2. PEPSICO INC   2012-07-19 2023-03-22
79. PFIZER INC   2020-07-21 2023-01-09
55.51 PRINCIPAL PREFERRED SECURITIES FUND   2020-04-03 2023-03-22
8.288 PRINCIPAL PREFERRED SECURITIES FUND   2020-04-03 2023-05-31
3. PROCTER & GAMBLE CO   2014-03-20 2023-01-09
1. PROCTER & GAMBLE CO   2014-03-20 2023-03-22
1. PROLOGIS   2023-01-09 2023-03-22
1. PRUDENTIAL FINANCIAL   2022-01-18 2023-03-22
44. PUBLIC SVC ENTERPRISE GROUP   2020-07-21 2023-01-09
15. RTX CORPORATION   2020-04-14 2023-01-09
2. RTX CORPORATION   2020-04-14 2023-03-22
25. RTX CORPORATION   2020-11-20 2023-07-28
31. SPDR PORTFOLIO INT TERM CORP BD ETF   2020-01-13 2023-03-22
5. SPDR PORTFOLIO INT TERM CORP BD ETF   2020-01-13 2023-05-31
3. SYSCO CORP   2015-08-04 2023-03-22
2. TJX COMPANIES INC   2021-01-11 2023-01-09
2. TJX COMPANIES INC   2021-01-11 2023-03-22
1. TARGET CORP   2023-01-09 2023-03-22
14. TARGET CORP   2023-01-09 2023-12-18
37. TRUIST FINANCIAL CORPORATION   2019-01-09 2023-01-09
4. TRUIST FINANCIAL CORPORATION   2019-01-09 2023-03-22
1. TRUIST FINANCIAL CORPORATION   2020-07-21 2023-05-31
21. TRUIST FINANCIAL CORPORATION   2023-04-13 2023-08-25
58. TRUIST FINANCIAL CORPORATION   2021-03-25 2023-08-25
1. UNION PACIFIC CORP   2018-03-06 2023-01-09
1. UNION PACIFIC CORP   2018-03-06 2023-03-22
1. UNITEDHEALTH GROUP, INC   2021-01-11 2023-01-09
3. VERIZON COMMUNICATIONS INC   2017-11-28 2023-03-22
3. WALMART, INC.   2022-01-18 2023-01-09
2. WALMART, INC.   2022-01-18 2023-03-22
7. ACCENTURE PLC   2021-02-19 2023-07-18
8. EATON CORP PLC   2017-08-24 2023-01-09
1. EATON CORP PLC   2017-08-24 2023-03-22
3. EATON CORP PLC   2017-08-24 2023-11-28
1. ROYAL PHARMA   2023-01-09 2023-05-31
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(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 669   903 -234
b 279   437 -158
c 32   50 -18
d 197   185 12
e 649   546 103
310   273 37
627   359 268
279   180 99
715   595 120
249   223 26
1,077   775 302
264   211 53
83   70 13
165   165  
337   112 225
190   56 134
662   353 309
1,192   462 730
642   216 426
1,807   432 1,375
821   216 605
1,361   1,976 -615
318   218 100
293   141 152
150   71 79
986   1,083 -97
586   635 -49
602   657 -55
89   98 -9
201   174 27
1,601   1,361 240
147   149 -2
153   149 4
2,073   2,077 -4
447   569 -122
81   114 -33
310   286 24
137   143 -6
1,599   1,087 512
1,916   1,471 445
190   195 -5
835   849 -14
128   131 -3
131   151 -20
831   963 -132
130   151 -21
200   238 -38
834   991 -157
126   151 -25
260   289 -29
835   982 -147
119   140 -21
308   338 -30
824   958 -134
115   134 -19
362   393 -31
818   938 -120
114   131 -17
424   417 7
829   922 -93
121   135 -14
82   87 -5
493   501 -8
821   869 -48
123   130 -7
713   730 -17
629   619 10
819   837 -18
127   129 -2
2,756   2,686 70
11,976   12,148 -172
982   1,023 -41
437   455 -18
435   455 -20
107   114 -7
558   390 168
540   390 150
98   71 27
550   198 352
390   149 241
528   209 319
153   70 83
3,303   2,398 905
413   166 247
392   166 226
752   331 421
131   124 7
135   142 -7
16   18 -2
353   235 118
333   235 98
130   117 13
1,554   744 810
210   106 104
230   50 180
557   100 457
577   100 477
1,033   150 883
1,048   517 531
271   129 142
2,596   1,168 1,428
981   742 239
1,854   1,485 369
177   172 5
522   430 92
496   314 182
257   236 21
118   47 71
110   47 63
1,528   1,001 527
720   282 438
357   141 216
3,912   2,709 1,203
465   494 -29
70   74 -4
458   236 222
145   79 66
117   117  
80   116 -36
2,793   1,962 831
1,487   1,011 476
196   128 68
2,150   1,688 462
1,002   1,099 -97
161   177 -16
225   109 116
164   138 26
152   138 14
161   159 2
1,928   2,220 -292
1,705   1,425 280
134   184 -50
31   37 -6
606   717 -111
1,675   2,720 -1,045
214   130 84
189   130 59
492   360 132
113   144 -31
437   429 8
281   286 -5
2,243   1,803 440
1,293   463 830
169   71 98
686   212 474
33   39 -6
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
      124
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       -234
b       -158
c       -18
d       12
e       103
      37
      268
      99
      120
      26
      302
      53
      13
       
      225
      134
      309
      730
      426
      1,375
      605
      -615
      100
      152
      79
      -97
      -49
      -55
      -9
      27
      240
      -2
      4
      -4
      -122
      -33
      24
      -6
      512
      445
      -5
      -14
      -3
      -20
      -132
      -21
      -38
      -157
      -25
      -29
      -147
      -21
      -30
      -134
      -19
      -31
      -120
      -17
      7
      -93
      -14
      -5
      -8
      -48
      -7
      -17
      10
      -18
      -2
      70
      -172
      -41
      -18
      -20
      -7
      168
      150
      27
      352
      241
      319
      83
      905
      247
      226
      421
      7
      -7
      -2
      118
      98
      13
      810
      104
      180
      457
      477
      883
      531
      142
      1,428
      239
      369
      5
      92
      182
      21
      71
      63
      527
      438
      216
      1,203
      -29
      -4
      222
      66
       
      -36
      831
      476
      68
      462
      -97
      -16
      116
      26
      14
      2
      -292
      280
      -50
      -6
      -111
      -1,045
      84
      59
      132
      -31
      8
      -5
      440
      830
      98
      474
      -6
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 18,708
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) 1 323
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........................... 3 323
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- ..... 5 323
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 396
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.............. 7 396
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 73
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow73 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowTHOMAS A MADDIGAN TRUSTEE Telephone no.right arrow (508) 540-4655

Located atright arrowPO BOX 382WOODS HOLEMA ZIP+4right arrow025431529
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
THOMAS A MADDIGAN TRUSTEE
2
6,000    
PO BOX 382
WOODS HOLE,MA02543
KENNETH R MADDIGAN SELECTION COMMITTEE MEMBER
0
0    
129 SPRUCE STREET
MIDDLEBOROUGH,MA02346
PAUL F BRANAGAN PRINCIPAL M H S SELECTION COMMITTEE MEMBER
0
0    
71 EAST GROVE STREET
MIDDLEBOROUGH,MA02346
EILEEN GATES SELECTION COMMITEE MEMBER
0
0    
CARMEL STREET
MIDDLEBOROUGH,MA02346
PT MADDIGAN SELECTION COMMITTEE MEMBER
0
0    
22 PARTRIDGE DRIVE
HINGHAM,MA02043
BRIAN LYNCH SELECTION COMMITTEE MEMBER
0
0    
FOREST STREET
MIDDLEBOROUGH,MA02345
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
344,825
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
344,825
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
344,825
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
5,172
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
339,653
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
16,983
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
16,983
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
323
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
323
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
16,660
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
16,660
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
16,660
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
65,226
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
65,226
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 16,660
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...... 14,657
b From 2019...... 22,628
c From 2020...... 15,965
d From 2021...... 34,561
e From 2022...... 26,917
f Total of lines 3a through e ........ 114,728
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 65,226
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..... 16,660
e Remaining amount distributed out of corpus 48,566
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 5 163,294
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) ...
14,657
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
148,637
10 Analysis of line 9:
a Excess from 2019.... 22,628
b Excess from 2020.... 15,965
c Excess from 2021.... 34,561
d Excess from 2022.... 26,917
e Excess from 2023.... 48,566
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).)
NONE
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.
NONE
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:
THOMAS A MADDIGAN TRUSTEE
C/O PRINCIPAL MIDDLEBORO HS 71 E
MIDDLEBOROUGH,MA02346
(508) 946-2010
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION FORM IS FURNISHED TO STUDENTS BY PRINCIPAL MIDDLEBOROUGH HIGH SCHOOL TO INCLUDE NEEDS AND GRADES.
cAny submission deadlines:
PRIOR TO AWARDS NIGHT - USUALLY END OF APRIL.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
STUDENT MUST HAVE GRADUATED OR IS GRADUATING FROM MIDDLEBOROUGH H.S. AND HAVE SUFFICIENT GRADES AND NEED TO ATTEND COLLEGE.
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

UMASS AMHERST E
FBO EMMA KITSON
134 HICKS WAY MEMORIAL HALL
AMHERST,MA01003
NONE NONE SCHOLARSHIP 5,000

WORCESTER POLYTECH
FBO LILLIAN KIRKPATRICK
100 INSTITUTE RD
WORCESTER,MA01609
NONE NONE SCHOLARSHIP 5,000

NORTHEASTERN UNIVERSITY A
FBO ALLISON CROWLEY
660 HUNTINGTON AVE
BOSTON,MA02115
NONE NONE SCHOLARSHIP 4,000

UNIV OF NEW HAVEN FBO J PARILLO

300 BOSTON POST ROAD
WEST HAVEN,CT06516
NONE NONE SCHOLARSHIP 5,000

CLARK UNIVERSITY FBO O CHANDLER

950 MAIN STREET
WORCESTER,MA01610
NONE N/A SCHOLARSHIP 5,000

UMASS AMHERST A
FBO AIDEN CHIN
134 HICKS WAY MEMORIAL HALL
AMHERST,MA01003
NONE NONE SCHOLARSHIP 5,000

EMMANUEL COLLEGE
FBO MADISYN HANCOCK
400 FENWAY
BOSTON,MA02115
NONE NONE SCHOLARSHIP 5,000

WENTWORTH UNIVERSITY
FBO NOAH DEGRAZIA
550 HUNTINGTON AVE
BOSTON,MA02115
NONE NONE SCHOLARSHIP 3,000

SACRED HEART UNIVERSITY
FBO SAMANTHA HART
5151 PARK AVE
FAIRFIELD,CT06825
NONE NONE SCHOLARSHIP 4,000

SPRINGFIELD COLLEGE
FBO NATHAN TULLISH
263 ALDEN STREET
SPRINGFIELD,MA01109
NONE NONE SCHOLARSHIP 5,000

NORTHEASTERN UNIVERSITY I
FBO ISABELLA INTANTARIO
660 HUNTINGTON AVE
BOSTON,MA02115
NONE PC SCHOLARSHIP 5,000

STONEHILL COLLEGE
FBO ISABELLE KESSIMAN
320 WASHINGTON STREET
NORTH EASTON,MA02357
NONE NONE SCHOLARSHIP 5,000

SALEM STATE UNIVERSITY
F/B/O ISABELLA MOSLEY
352 LAFAYETT STREET
SALEM,MA01970
NONE NONE SCHOLARSHIP 5,000
Total .................................right arrow 3a 61,000
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 11,857  
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 18,708  
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) ..   30,565  
13Total. Add line 12, columns (b), (d), and (e)..................
13
30,565
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name SmallBullet
Firm's EIN SmallBullet
Firm's address SmallBullet


Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
FAYE H DEANE SCHOLARSHIP FUND
EIN:
04-2900642
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 2,160 1,080   1,080

TY 2023 OtherAssetsSchedule
Name:
FAYE H DEANE SCHOLARSHIP FUND
EIN:
04-2900642
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ABBOTT LABORATORIES INC 2,800 2,613 3,082
ACCENTURE PLC 1,803 0 0
AIR PRODUCTS & CHEMICALS 2,288 1,664 2,190
AMEREN CORP. 3,661 2,839 2,749
AMERICAN ELEC POWER CO 4,956 3,794 3,980
ANALOG DEVICES 1,501 1,264 3,177
AT & T INC 6,468 5,249 3,759
BLACKROCK INC. 3,018 2,641 5,683
CDW CORP/DE   2,455 2,955
BROADCOM INC 2,671 1,214 5,581
CHEVRON CORP 4,166 5,116 5,966
CISCO SYSTEMS INC 1,399 1,161 2,223
CVS HEALTH CORP HEALTH CORPORA   2,269 2,369
CROWN CASTLE INTL CORP 1,231 0 0
ABBVIE INC 4,646 4,419 4,649
DARDEN RESTAURANTS INC. 3,282 2,984 3,286
EASTMAN CHEMICAL CO 3,222 2,506 1,886
EATON CORP PLC 2,053 1,173 3,853
ELI LILLY & CO 2,823 2,353 5,829
FEDERATED GOV'T OBLIGATION TAX 24,859 24,228 24,228
EMERSON ELEC CO   2,774 2,823
AMERICAN EXPRESS CO 1,816 2,603 2,997
HOME DEPOT INC 1,568 2,827 3,466
CAMDEN PROPERTY TRUST 1,985 0 0
COLUMBIA CORPORATE INCOME FUND 15,024 12,415 11,021
I SHARES CORE DIVIDEND GROWTH 6,234 5,379 8,127
INVESCO BULLETSHARES 2030 CORP 16,980 17,083 15,204
INVESCO BULLETSHARES INVESCO B   15,122 15,200
INVESCO BULLETSHARES 2023 CORP 17,134 0 0
INVESCO BULLETSHARES 2024 CORP 16,952 15,364 14,870
INVESCO BULLETSHARES 2025 CORP 17,088 15,770 14,830
INVESCO BULLETSHARES 2026 CORP 17,415 16,414 14,900
INVESCO BULLETSHARES 2027 CORP 17,435 16,669 14,980
INVESCO BULLETSHARES 2028 CORP 17,417 16,877 15,088
INVESCO BULLETSHARES 2029 CORP 17,570 17,266 15,244
J P MORGAN CHASE & CO 3,504 3,014 7,314
JOHNSON & JOHNSON 2,114 0 0
KINDER MORGAN INC 2,358 2,070 2,029
KLA INSTRUMENTS CORP 1,531 851 2,907
CONOCOPHILLIPS 2,431 2,863 3,598
HARTFORD FINANCIAL SERVICES GR 2,437 2,449 2,813
MERCK & CO INC. NEW 2,667 1,949 3,380
MICROSOFT 1,819 1,299 7,521
MOTOROLA SOLUTIONS, INC. 1,813 0 0
NORTHROP GRUMMAN 2,227 0 0
PAYCHEX INC 887 0 0
PEPSICO INC 3,098 2,567 4,925
PFIZER INC 2,748 0 0
PNC BANK CORP 3,441 2,804 3,407
PRINCIPAL PREFERRED SECURITIES 7,574 9,312 8,785
PROCTER & GAMBLE CO 1,881 1,554 2,784
PUBLIC SVC ENTERPRISE GROUP 1,931 0 0
RAYTHEON TECHNOLOGIES CORP 3,001 0 0
EQUINIX INC   1,615 1,611
SPDR PORTFOLIO INT TERM CORP B 17,140 18,699 17,958
MARATHON PETE CORP   2,108 2,670
SYSCO CORP 1,992 1,862 3,145
TJX COMPANIES INC 2,207 1,931 2,627
TRUIST FINANCIAL CORPORATION 4,191 0 0
UNION PACIFIC CORP 1,703 1,419 2,456
UNITEDHEALTH GROUP, INC 3,091 2,705 3,685
VERIZON COMMUNICATIONS INC 2,122 2,064 1,659
HONEYWELL INT'L INC 1,750 2,604 2,726
I SHARES I BOXX INVESTMENT GRO 9,434 7,388 7,193
ORACLE CORPORATION 2,751 2,496 3,057
PRUDENTIAL FINANCIAL 1,852 2,036 1,867
WALMART, INC 4,581 3,887 4,414
NEXTERA ENERGY INC   2,842 2,369
P P G INDUSTRIES   3,055 2,991
PARKER HANNIFIN   1,861 2,764
PROLOGIS   1,400 1,600
ROYAL PHARMA (PFIC)   3,093 2,219
U.S. BANCORP NEW   1,787 2,164
UNITED PARCEL SERVICE   2,663 2,201


TY 2023 OtherExpensesSchedule
Name:
FAYE H DEANE SCHOLARSHIP FUND
EIN:
04-2900642
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER ALLOCABLE EXPENSE-PRINCI 35 0   35


TY 2023 OtherIncreasesSchedule
Name:
FAYE H DEANE SCHOLARSHIP FUND
EIN:
04-2900642
Description Amount
BOOK VALUE ADJUSTMENT 25,676


TY 2023 OtherProfessionalFeesSchedule
Name:
FAYE H DEANE SCHOLARSHIP FUND
EIN:
04-2900642
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 3,222 1,611   1,611


TY 2023 TaxesSchedule
Name:
FAYE H DEANE SCHOLARSHIP FUND
EIN:
04-2900642
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 22 22   0
FEDERAL TAX PAYMENT - PRIOR YE 395 0   0
FEDERAL ESTIMATES - PRINCIPAL 396 0   0