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
THE WALPOLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 167
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WALPOLE, NH03608
A Employer identification number

61-1471434
B Telephone number (see instructions)

(603) 756-3595
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$11,653,773J 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 58,386 58,386 58,386
4 Dividends and interest from securities... 68,992 68,992 68,992
5a Gross rents............ 575,720   575,720
b Net rental income or (loss) 133,218
6a Net gain or (loss) from sale of assets not on line 10 85,494
b Gross sales price for all assets on line 6a 1,425,587
7 Capital gain net income (from Part IV, line 2)... 85,494
8 Net short-term capital gain......... 85,117
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
939 0 939
12 Total. Add lines 1 through 11........ 789,531 212,872 789,154
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 43,126 0 43,126 0
14 Other employee salaries and wages...... 40,215 0 40,215 0
15 Pension plans, employee benefits....... 10,840 0 10,840 0
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,899 1,899 0 0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,644 5,644 0 0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
54,793 52,047 2,746 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
125,392 420 124,972 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
154,287 0 154,287
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
178,921 0 178,921 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 615,117 60,010 555,107 0
25 Contributions, gifts, grants paid....... 29,681 29,681
26 Total expenses and disbursements. Add lines 24 and 25 644,798 60,010 555,107 29,681
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 144,733
b Net investment income (if negative, enter -0-) 152,862
c Adjusted net income (if negative, enter -0-)... 234,047
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............. 138,730 82,294 82,294
2 Savings and temporary cash investments......... 621,295 171,411 171,411
3 Accounts receivable right arrow2,503
Less: allowance for doubtful accounts right arrow   2,700 2,503 2,503
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.......... 17,104 19,818 19,818
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,637,807 Click to see attachment
List of Attached Documents:
// Content
3,200,170 		3,200,170
c Investments—corporate bonds (attach schedule)....... 1,304,927 Click to see attachment
List of Attached Documents:
// Content
2,153,601 		2,153,601
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).......... 1,211,932 Click to see attachment
List of Attached Documents:
// Content
1,049,562 		1,049,562
14 Land, buildings, and equipment: basis right arrow6,674,142
Less: accumulated depreciation (attach schedule) right arrow1,729,227 4,757,553 Click to see attachment
List of Attached Documents:
// Content
4,944,915 		4,944,915
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
26,080 		Click to see attachment
List of Attached Documents:
// Content
29,499 		Click to see attachment
List of Attached Documents:
// Content
29,499
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,718,128 11,653,773 11,653,773
Liabilities 17 Accounts payable and accrued expenses.......... 14,225 3,561
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) Click to see attachment
List of Attached Documents:
// Content
39,230 		Click to see attachment
List of Attached Documents:
// Content
30,524
23 Total liabilities (add lines 17 through 22)......... 53,455 34,085
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........... 10,664,673 11,619,688
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 10,664,673 11,619,688
30 Total liabilities and net assets/fund balances (see instructions). 10,718,128 11,653,773
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
10,664,673
2
Enter amount from Part I, line 27a .....................
2
144,733
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
810,282
4
Add lines 1, 2, and 3 ..........................
4
11,619,688
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
11,619,688
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 SALE OF INVESTMENT      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,425,210   1,340,093 85,117
b 377     377
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       85,117
b       377
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 85,494
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 85,117
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 2,125
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 2,125
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 2,125
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,021
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,021
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 1,896
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow1,896 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$ 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
 
No
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 arrowNH
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
Yes
 
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 arrowALBERTA WIEMERS Telephone no.right arrow (603) 756-3595

Located atright arrowPO BOX 167WALPOLENH ZIP+4right arrow03608
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
RAYNIE LAWARE DIRECTOR
1.00 		0 0 0
16 OLD NORTH MAIN STREET
WALPOLE,NH03608
PEGGY PSCHIRRER PRESIDENT
1.00 		0 0 0
11 OLD NORTH MAIN ST
WALPOLE,NH03608
MARK HOUGHTON VICE PRESIDENT/TREASURER
1.00 		0 0 0
13 BLACKJACK CROSSING
WALPOLE,NH03608
CHARLES SHAW DIRECTOR
1.00 		0 0 0
127 OLD KEENE ROAD
WALPOLE,NH03608
THOMAS MURRAY DIRECTOR
1.00 		0 0 0
28 COLONIAL DRIVE
WALPOLE,NH03608
JAMES SUOZZI DIRECTOR
1.00 		0 0 0
644 COUNTY ROAD
WALPOLE,NH03608
ANNETTE GRENIER DIRECTOR
1.00 		0 0 0
221 MEETINGHOUSE ROAD
WALPOLE,NH03608
PATTI NEAL DIRECTOR
1.00 		0 0 0
70 HIGH STREET
WALPOLE,NH03608
ALBERTA WIEMERS EXECUTIVE DIRECTOR
40.00 		43,126 0 0
395 STREETER HILL ROAD
WEST CHESTERFIELD,NH03466
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 PURCHASE, REHABILITATION, OPERATION AND MANAGEMENT OF HISTORICAL BUILDINGS IN WALPOLE, NH 442,502
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 PROPERTY IMPROVEMENTS 341,649
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow341,649
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
558,328
b
Average of monthly cash balances.......................
1b
500,042
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,058,370
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
1,058,370
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
15,876
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,042,494
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
52,125
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
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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
29,681
b
Program-related investments—total from Part VIII-B..................
1b
341,649
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
371,330
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  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
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
2005-04-13
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
52,125 144,952 226,602 63,404 487,083
b 85% (0.85) of line 2a ......... 44,306 123,209 192,612 53,893 414,021
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		371,330 169,440 20,829 43,937 605,536
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		371,330 169,440 20,829 43,937 605,536
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 11,653,774 10,718,128 11,710,880 11,071,092 45,153,874
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 4,944,915 4,757,552 4,789,412 5,079,416 19,571,295
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		34,750 199,547 209,291 180,035 623,623
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

TOWN OF WALPOLE

34 ELM STREET
WALPOLE,NH03608 		NONE GOV BROWNFIELD PROJECT- EV CHARGERS, TRENCHING, FALL FLOWERS FOR PLATFORM 29,681
Total .................................right arrow 3a 29,681
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 58,386  
4 Dividends and interest from securities ....     14 68,992  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....         133,218
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 85,494  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		        939
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 212,872 134,157
13Total. Add line 12, columns (b), (d), and (e)..................
13
347,029
(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.)
5B RENTAL OF BUILDINGS PURCHASED AND REHABILITATED BY THE FOUNDATION KEEPS THE BUILDINGS IN USE, IN FURTHERANCE OF THE FOUNDATION'S PURPOSE OF PURCHASING AND REHABILITATING IMPORTANT STRUCTURES IN THE TOWN OF WALPOLE.
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:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 5,644 5,644 0 0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
1834 WASHINGTON SQ - BUILDING 2008-08-01 1,774,547 654,080 SL 39.000000000000 45,501 45,501 45,501  
1834 WASHINGTON SQ - LAND 2008-08-01 84,600   L   0 0 0  
MAIN ST VARIETY - BUILDING 2011-09-01 423,127 122,503 SL 39.000000000000 10,849 10,849 10,849  
MAIN ST VARIETY - LAND 2011-09-01 216,400   L   0 0 0  
MAIN ST VARIETY - PAVING 2011-09-01 21,533 21,533 150DB 15.000000000000 0 0 0  
MAIN ST VARIETY - GAS PUMPS 2011-09-01 15,896 15,896 200DB 5.000000000000 0 0 0  
MAIN ST VARIETY - CANOPY 2011-09-01 27,437 27,437 200DB 5.000000000000 0 0 0  
MAIN ST VARIETY - COLD STORAGE 2011-09-01 14,801 14,801 200DB 5.000000000000 0 0 0  
MAIN ST VARIETY - COLD STORAGE 2011-09-01 12,503 12,503 200DB 5.000000000000 0 0 0  
MAIN ST VARIETY - UNDERGROUND PIPING 2012-10-01 84,852 72,996 150DB 15.000000000000 2,635 5,657 5,657  
NINETEEN ELM ST - BUILDING 2014-03-07 166,428 53,459 SL 27.500000000000 6,052 6,052 6,052  
NINETEEN ELM ST - LAND 2014-03-07 46,720   L   0 0 0  
NINETEEN ELM ST - WINDOWS 2014-08-01 13,490 4,132 SL 27.500000000000 491 491 491  
NINETEEN ELM ST - PORCH ROOF 2014-04-22 7,950 2,505 SL 27.500000000000 289 289 289  
NINETEEN ELM ST - GARAGE DOORS 2014-05-27 2,443 764 SL 27.500000000000 89 89 89  
NINETEEN ELM ST - SIDING 2015-06-05 26,798 7,386 SL 27.500000000000 974 974 974  
NINETEEN ELM ST - REFRIG #1, STOVE #4 2015-01-16 989 989 SL 5.000000000000 0 0 0  
NINETEEN ELM ST - CARPET & VINYL #4 2015-04-27 2,668 2,668 SL 5.000000000000 0 0 0  
NINETEEN ELM ST - REFRIG, BLINDS, HANDLES #4 2015-05-18 511 511 SL 5.000000000000 0 0 0  
NINETEEN ELM ST - DOORS 2016-02-18 3,365 834 SL 27.500000000000 122 122 122  
MAIN ST VARIETY - TANKS 2016-04-18 20,631 10,277 150DB 15.000000000000 1,218 1,375 1,375  
NINETEEN ELM ST - BARN RESTORATION 2016-09-09 2,859 659 SL 27.500000000000 104 104 104  
TOYOTA TACOMA SR5 2016-12-16 4,200 4,200 SL 5.000000000000 0 0 0  
2014 CUB CADET RIDING MOWER 2016-12-16 1,000 1,000 SL 5.000000000000 0 0 0  
11 WESTMINSTER -BUILDING 2015-09-05 826,404 154,510 SL 39.000000000000 21,190 21,190 21,190  
11 WESTMINSTER - LAND 2015-09-05 113,596   L   0 0 0  
11 WESTMINSTER - PAVING 2017-11-06 14,700 6,128 150DB 15.000000000000 902 980 980  
NINETEEN ELM -SURVEYING 2017-06-07 3,413   L   0 0 0  
NINETEEN ELM - PORCH 2017-08-07 4,300 845 SL 27.500000000000 156 156 156  
11 WESTMINSTER - BUILDNG IMPROVEMENTS 2018-08-15 34,900 3,916 SL 39.000000000000 895 895 895  
OLA HUBBARD HOMESTEAD 2015-09-05 327,796 86,916 SL 27.500000000000 11,920 11,920 11,920  
OLA HUBBARD - LAND 2015-09-05 69,204   L   0 0 0  
OLD FIREHOUSE - BUILDING 2015-09-05 306,363 57,279 SL 39.000000000000 7,855 7,855 7,855  
FOUNTAIN SQUARE - BUILDING 2015-09-05 286,314 53,529 SL 39.000000000000 7,341 7,341 7,341  
FOUNTAIN SQUARE - LAND 2015-09-05 63,686   L   0 0 0  
FOUNTAIN SQUARE - BOILER 2017-03-07 5,313 794 SL 39.000000000000 136 136 136  
OLA HUBBARD - INSULATION 2016-06-06 12,350 2,937 SL 27.500000000000 449 449 449  
OLA HUBBARD - ROOF 2017-11-28 6,400 1,194 SL 27.500000000000 233 233 233  
OLD FIREHOUSE - LAND 2015-09-05 63,637   L   0 0 0  
OLD FIREHOUSE - NEW ROOF 2016-06-02 18,800 3,153 SL 39.000000000000 482 482 482  
OLD FIREHOUSE - SURVEILLANCE CAMERAS 2017-03-08 4,993 4,159 SL 7.000000000000 713 713 713  
OLD FIREHOUSE - CARPET 2017-10-23 3,039 2,568 200DB 7.000000000000 314 434 434  
RED BRICK HOUSE 2015-09-05 174,720 32,667 SL 39.000000000000 4,480 4,480 4,480  
RED BRICK HOUSE - LAND 2015-09-05 50,280   L   0 0 0  
RED BRICK HOUSE - HANDICAP RAMP 2017-08-07 2,600 475 SL 27.500000000000 95 95 95  
WALPOLE VILLAGE STORE 2015-09-05 302,403 56,539 SL 39.000000000000 7,754 7,754 7,754  
WALPOLE VILLAGE STORE - LAND 2015-09-05 22,597   L   0 0 0  
WALPOLE VILLAGE STORE - TAVERN RENOVATION 2018-08-15 424,268 47,595 SL 39.000000000000 10,879 10,879 10,879  
MAIN ST VARIETY - EQUIPMENT 2011-09-01 20,000 20,000 200DB 5.000000000000 0 0 0  
NEW WATER HEATERS (2) 2019-11-26 8,000 641 SL 39.000000000000 205 205 205  
NEW DOOR - SIDE ENTRANCE 2019-02-13 3,675 364 SL 39.000000000000 94 94 94  
PAVING 2019-06-11 3,850 1,184 150DB 15.000000000000 267 257 257  
NINETEEN ELM - APT 1 & 2 IMPROVEMENTS 2020-10-15 42,150 3,385 SL 27.500000000000 1,533 1,533 1,533  
1834 WASHINGTON SQ - NEW APARTMENT 2021-01-11 3,404 248 SL 27.500000000000 124 124 124  
RED BRICK HOUSE - COMMERCIAL DOORS 2021-02-09 4,216 294 SL 27.500000000000 153 153 153  
FOUNTAIN SQUARE - COMMERCIAL DOORS 2021-11-22 12,210 481 SL 27.500000000000 444 444 444  
OLA HUBBARD SIDING 2022-06-24 4,074 74 SL 27.500000000000 148 148 148  
FLOORING UNIT 7, 1834 2022-09-07 4,572 55 SL 27.500000000000 166 166 166  
MAIN ST VARIETY EXTERIOR PAINT 2022-07-27 6,845 104 SL 27.500000000000 249 249 249  
JAKES CANOPY 2022-09-15 4,800 58 SL 27.500000000000 175 175 175  
JAKES MARKET BOLLARDS 2022-11-07 3,105 26 SL 20.000000000000 155 155 155  
SPENCERS WATER REPAIR 2022-11-07 11,027 67 SL 27.500000000000 401 401 401  
ROOF REPLACEMENT 2022-11-30 25,250 77 SL 27.500000000000 918 918 918  
PAVING JAKES MARKET 2022-08-10 23,989 666 SL 15.000000000000 1,599 1,599 1,599  
HOT WATER HEATHER RBH 2022-07-28 4,050 61 SL 27.500000000000 147 147 147  
PAVING 2022-08-10 19,695 547 SL 15.000000000000 1,313 1,313 1,313  
PAVING 2022-08-10 9,757 271 SL 15.000000000000 650 650 650  
WALPOLE SCHOOL AND SENIOR HOUSING 2023-11-07 334,259   SL 39.000000000000 1,428 1,428 1,428  
WESTMINISTER ST FLOORING 2023-03-18 7,390     27.500000000000 0 0 0  

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Name of Bond End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB 2,103,965 2,103,965
EDWARD JONES - OTHER PUBLICLY TRADED SECURITIES 49,636 49,636

TY 2023 InvestmentsCorpStockSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Name of Stock End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB 3,200,170 3,200,170

TY 2023 InvestmentsOtherSchedule2
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CHARLES SCHWAB - OTHER PUBLICLY TRADED SECURITIES AT COST 624,804 624,804
EDWARD JONES - OTHER PUBLICLY TRADED SECURITIES AT COST 424,758 424,758

TY 2023 LandEtcSchedule2
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
1834 WASHINGTON SQ - BUILDING 1,774,547 699,581 1,074,966  
1834 WASHINGTON SQ - LAND 84,600 0 84,600  
MAIN ST VARIETY - BUILDING 423,127 133,352 289,775  
MAIN ST VARIETY - LAND 216,400 0 216,400  
MAIN ST VARIETY - PAVING 21,533 21,533 0  
MAIN ST VARIETY - GAS PUMPS 15,896 15,896 0  
MAIN ST VARIETY - CANOPY 27,437 27,437 0  
MAIN ST VARIETY - COLD STORAGE 14,801 14,801 0  
MAIN ST VARIETY - COLD STORAGE 12,503 12,503 0  
MAIN ST VARIETY - UNDERGROUND PIPING 84,852 75,631 9,221  
NINETEEN ELM ST - BUILDING 166,428 59,511 106,917  
NINETEEN ELM ST - LAND 46,720 0 46,720  
NINETEEN ELM ST - WINDOWS 13,490 4,623 8,867  
NINETEEN ELM ST - PORCH ROOF 7,950 2,794 5,156  
NINETEEN ELM ST - GARAGE DOORS 2,443 853 1,590  
NINETEEN ELM ST - SIDING 26,798 8,360 18,438  
NINETEEN ELM ST - REFRIG #1, STOVE #4 989 989 0  
NINETEEN ELM ST - CARPET & VINYL #4 2,668 2,668 0  
NINETEEN ELM ST - REFRIG, BLINDS, HANDLES #4 511 511 0  
NINETEEN ELM ST - DOORS 3,365 956 2,409  
MAIN ST VARIETY - TANKS 20,631 11,495 9,136  
NINETEEN ELM ST - BARN RESTORATION 2,859 763 2,096  
TOYOTA TACOMA SR5 4,200 4,200 0  
2014 CUB CADET RIDING MOWER 1,000 1,000 0  
11 WESTMINSTER -BUILDING 826,404 175,700 650,704  
11 WESTMINSTER - LAND 113,596 0 113,596  
11 WESTMINSTER - PAVING 14,700 7,030 7,670  
NINETEEN ELM -SURVEYING 3,413 0 3,413  
NINETEEN ELM - PORCH 4,300 1,001 3,299  
11 WESTMINSTER - BUILDNG IMPROVEMENTS 34,900 4,811 30,089  
OLA HUBBARD HOMESTEAD 327,796 98,836 228,960  
OLA HUBBARD - LAND 69,204 0 69,204  
OLD FIREHOUSE - BUILDING 306,363 65,134 241,229  
FOUNTAIN SQUARE - BUILDING 286,314 60,870 225,444  
FOUNTAIN SQUARE - LAND 63,686 0 63,686  
FOUNTAIN SQUARE - BOILER 5,313 930 4,383  
OLA HUBBARD - INSULATION 12,350 3,386 8,964  
OLA HUBBARD - ROOF 6,400 1,427 4,973  
OLD FIREHOUSE - LAND 63,637 0 63,637  
OLD FIREHOUSE - NEW ROOF 18,800 3,635 15,165  
OLD FIREHOUSE - SURVEILLANCE CAMERAS 4,993 4,872 121  
OLD FIREHOUSE - CARPET 3,039 2,882 157  
RED BRICK HOUSE 174,720 37,147 137,573  
RED BRICK HOUSE - LAND 50,280 0 50,280  
RED BRICK HOUSE - HANDICAP RAMP 2,600 570 2,030  
WALPOLE VILLAGE STORE 302,403 64,293 238,110  
WALPOLE VILLAGE STORE - LAND 22,597 0 22,597  
WALPOLE VILLAGE STORE - TAVERN RENOVATION 424,268 58,474 365,794  
MAIN ST VARIETY - EQUIPMENT 20,000 20,000 0  
NEW WATER HEATERS (2) 8,000 846 7,154  
NEW DOOR - SIDE ENTRANCE 3,675 458 3,217  
PAVING 3,850 1,451 2,399  
NINETEEN ELM - APT 1 & 2 IMPROVEMENTS 42,150 4,918 37,232  
1834 WASHINGTON SQ - NEW APARTMENT 3,404 372 3,032  
RED BRICK HOUSE - COMMERCIAL DOORS 4,216 447 3,769  
FOUNTAIN SQUARE - COMMERCIAL DOORS 12,210 925 11,285  
OLA HUBBARD SIDING 4,074 222 3,852  
FLOORING UNIT 7, 1834 4,572 221 4,351  
MAIN ST VARIETY EXTERIOR PAINT 6,845 353 6,492  
JAKES CANOPY 4,800 233 4,567  
JAKES MARKET BOLLARDS 3,105 181 2,924  
SPENCERS WATER REPAIR 11,027 468 10,559  
ROOF REPLACEMENT 25,250 995 24,255  
PAVING JAKES MARKET 23,989 2,265 21,724  
HOT WATER HEATHER RBH 4,050 208 3,842  
PAVING 19,695 1,860 17,835  
PAVING 9,757 921 8,836  
WALPOLE SCHOOL AND SENIOR HOUSING 334,259 1,428 332,831  
WESTMINISTER ST FLOORING 7,390 0 7,390  


TY 2023 LegalFeesSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 1,899 1,899 0 0


TY 2023 OtherAssetsSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSITS 26,080 29,499 29,499


TY 2023 OtherExpensesSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 5,469 0 5,469 0
WORKER COMP & D&O INSURANCE 3,735 0 3,735 0
ADVERTISING 43 0 43 0
FUEL OIL 36,948 0 36,948 0
WATER & SEWER 15,268 0 15,268 0
ELECTRIC & GAS 9,122 0 9,122 0
TELEPHONE 3,897 0 3,897 0
REPAIRS & MAINTENANCE 34,530 0 34,530 0
SNOW REMOVAL 18,344 0 18,344 0
TRASH REMOVAL 8,086 0 8,086 0
INSURANCE 32,968 0 32,968 0
LANDSCAPE AND GROUNDSKEEPING 7,249 0 7,249 0
AUTOMOBILE EXPENSE 3,262 0 3,262 0


TY 2023 OtherIncomeSchedule2
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 939   939


TY 2023 OtherIncreasesSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Description Amount
CHANGE IN UNREALIZED APPRECIATION OF INVESTMENTS - BOOK PURPOSES 810,282


TY 2023 OtherLiabilitiesSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED REVENUE 39,230 30,524


TY 2023 OtherProfessionalFeesSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNT MANAGEMENT FEES/INVESTMENT EXP 52,047 52,047 0 0
OTHER PROFESSIONAL FEES 919 0 919 0
PAYROLL PROCESSING FEES 1,827 0 1,827 0


TY 2023 TaxesSchedule
Name:
THE WALPOLE FOUNDATION
EIN:
61-1471434
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD ON DIVIDENDS 420 420 0 0
PAYROLL TAXES 6,431 0 6,431 0
PROPERTY TAXES 118,541 0 118,541 0