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 SUDBURY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)326 CONCORD RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SUDBURY, MA01776
A Employer identification number

04-6037026
B Telephone number (see instructions)

(978) 443-0849
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$35,452,264J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 721,375 722,508  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 456,957
b Gross sales price for all assets on line 6a 4,521,761
7 Capital gain net income (from Part IV, line 2)... 465,979
8 Net short-term capital gain.........  
9 Income modifications........... 290
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
4,242 1,750 0
12 Total. Add lines 1 through 11........ 1,182,574 1,190,237 290
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 277,883 136,521 0 141,362
14 Other employee salaries and wages...... 80,343 0 0 80,343
15 Pension plans, employee benefits....... 41,129 0 0 41,129
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
25,792 2,579 0 23,213
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
13,745 0 0 13,745
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
17,770 0 0 17,770
19 Depreciation (attach schedule) and depletion... 32,440 0 0
20 Occupancy.............. 39,200 0 0 39,200
21 Travel, conferences, and meetings....... 3,226 0 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32,278 0 0 32,278
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 563,806 139,100 0 389,040
25 Contributions, gifts, grants paid....... 1,909,203 1,630,898
26 Total expenses and disbursements. Add lines 24 and 25 2,473,009 139,100 0 2,019,938
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,290,435
b Net investment income (if negative, enter -0-) 1,051,137
c Adjusted net income (if negative, enter -0-)... 290
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............. 18,315 37,981 37,981
2 Savings and temporary cash investments......... 543,687 1,043,837 1,043,837
3 Accounts receivable right arrow13,510
Less: allowance for doubtful accounts right arrow   11,771 13,510 13,510
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.......... 40,411 25,800 25,800
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 8,178,315 Click to see attachment
List of Attached Documents:
// Content
8,388,979 		8,388,979
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).......... 23,202,111 Click to see attachment
List of Attached Documents:
// Content
24,881,675 		24,881,675
14 Land, buildings, and equipment: basis right arrow1,309,308
Less: accumulated depreciation (attach schedule) right arrow548,826 792,922 Click to see attachment
List of Attached Documents:
// Content
760,482 		760,482
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
200,000 		Click to see attachment
List of Attached Documents:
// Content
300,000 		Click to see attachment
List of Attached Documents:
// Content
300,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,987,532 35,452,264 35,452,264
Liabilities 17 Accounts payable and accrued expenses..........   1,722
18 Grants payable................. 207,000 485,015
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
12,918 		Click to see attachment
List of Attached Documents:
// Content
61,430
23 Total liabilities (add lines 17 through 22)......... 219,918 548,167
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........... 32,767,614 34,904,097
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)..... 32,767,614 34,904,097
30 Total liabilities and net assets/fund balances (see instructions). 32,987,532 35,452,264
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
32,767,614
2
Enter amount from Part I, line 27a .....................
2
-1,290,435
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,490,039
4
Add lines 1, 2, and 3 ..........................
4
34,967,218
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
63,121
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
34,904,097
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
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 4,403,847   4,055,782 348,065
b 117,914     117,914
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       348,065
b       117,914
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 2 465,979
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 14,611
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 14,611
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 14,611
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 40,411
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,411
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 25,800
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow25,800 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 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
Yes
 
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 arrowWWW.SUDBURYFOUNDATION.ORG
14
The books are in care ofright arrowBANK OF AMERICA PHIL MGMT GROUP Telephone no.right arrow (617) 434-6454

Located atright arrow225 FRANKLIN STREET MA1-225-04-02BOSTONMA ZIP+4right arrow02110
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
BANK OF AMERICA TRUSTEE
0.75 		136,521 0 0
MA1-225-04-02 225 FRANKLIN STREET
BOSTON,MA02110
MINER CRARY TRUSTEE
1.15 		0 0 0
326 CONCORD ROAD
SUDBURY,MA01776
JILL STANSKY TRUSTEE/CHAIR
1.15 		0 0 0
326 CONCORD ROAD
SUDBURY,MA01776
TRACY STEWART TRUSTEE
1.15 		0 0 0
326 CONCORD ROAD
SUDBURY,MA01776
BILL SPENCER TRUSTEE
1.15 		0 0 0
326 CONCORD ROAD
SUDBURY,MA01776
SONIA SHAH EXECUTIVE DIRECTOR
40.00 		141,362 11,049 0
326 CONCORD ROAD
SUDBURY,MA01776
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
PATRICIA BRUNNER OPERATIONS MANAGER
30.00 		74,187 5,796 0
326 CONCORD ROAD
SUDBURY,MA01776
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 FIVE-YEAR UNSECURED LOAN TO A GRANTEE WITH A INTEREST RATE OF 1.25%. 100,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow100,000
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
32,086,608
b
Average of monthly cash balances.......................
1b
1,069,698
c
Fair market value of all other assets (see instructions)................
1c
28,095
d
Total (add lines 1a, b, and c).........................
1d
33,184,401
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
33,184,401
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
497,766
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
32,686,635
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,634,332
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
1,634,332
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
14,611
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
14,611
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,619,721
4
Recoveries of amounts treated as qualifying distributions................
4
290
5
Add lines 3 and 4............................
5
1,620,011
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
1,620,011
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
2,019,938
b
Program-related investments—total from Part VIII-B..................
1b
100,000
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
2,119,938
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 1,620,011
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 4,462
c From 2020...... 242,807
d From 2021...... 197,683
e From 2022...... 408,767
f Total of lines 3a through e ........ 853,719
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,119,938
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..... 1,620,011
e Remaining amount distributed out of corpus 499,927
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 1,353,646
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,353,646
10 Analysis of line 9:
a Excess from 2019.... 4,462
b Excess from 2020.... 242,807
c Excess from 2021.... 197,683
d Excess from 2022.... 408,767
e Excess from 2023.... 499,927
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
SONIA SHAH
326 CONCORD ROAD
SUDBURY,MA01776
(978) 443-0849
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION FORMS ARE AVAILABLE ON OUR WEBSITE WWW.SUDBURYFOUNDATION.ORG UNDER THE GRANT PROGRAMS TAB.
cAny submission deadlines:
PLEASE REFER TO OUR WEBSITE WWW.SUDBURYFOUNDATION.ORG UNDER THE GRANT PROGRAMS TAB.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PLEASE REFER TO OUR WEBSITE WWW.SUDBURYFOUNDATION.ORG UNDER THE GRANT PROGRAMS TAB.
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

BIG BROTHERS BIG SISTERS OF CENTRAL MASS AND METROWEST

18 CHESTNUT STREET SUITE 340
WORCESTER,MA01608 		  PC CHILDREN, YOUTH & FAMILIES 20,000

BOYS AND GIRLS CLUBS OF METROWEST

169 PLEASANT STREET
MARLBOROUGH,MA01752 		  PC CHILDREN, YOUTH & FAMILIES 100,000

BOYS AND GIRLS CLUB OF ASSABET VALLEY

212 GREAT ROAD
MAYNARD,MA01754 		  PC CHILDREN, YOUTH & FAMILIES 20,000

CAMP CASCO

PO BOX 330
SUDBURY,MA01776 		  PC CHILDREN, YOUTH & FAMILIES 20,000

CHICA PROJECT

1266 FURNACE PKWY
QUINCY,MA02169 		  PC CHILDREN, YOUTH & FAMILIES 20,000

METROWEST COLLEGE PLANNING COLLABORATIVE

13 SALEM END ROAD
FRAMINGHAM,MA01701 		  PC CHILDREN, YOUTH & FAMILIES 50,000

CONCORD PRISON OUTREACH

100 MAIN STREET
CONCORD,MA01742 		  PC CHILDREN, YOUTH & FAMILIES 10,000

DANNY'S PLACE YOUTH SERVICES

525 MASSACHUSETTS AVENUE SUITE A
ACTON,MA01720 		  PC CHILDREN, YOUTH & FAMILIES 20,000

DISCOVERING HIDDEN GEMS INC

446 MAIN STREET
HUDSON,MA01749 		  PC CHILDREN, YOUTH & FAMILIES 25,000

DOC WAYNE YOUTH SERVICES INC

418 COMMONWEALTH AVE
BOSTON,MA02215 		  PC CHILDREN, YOUTH & FAMILIES 50,000

FRAMINGHAM STATE UNIVERSITY FOUNDATION INC

100 STATE STREET
FRAMINGHAM,MA01701 		  PC CHILDREN, YOUTH & FAMILIES 18,367

HOOPS AND HOMEWORK

12B INTERFAITH TER
FRAMINGHAM,MA01702 		  PC CHILDREN, YOUTH & FAMILIES 25,000

JUSTICE RESOURCES INSTITUTE DBA FIRST CONNECTIONS

179 GREAT ROAD SUITE 104A
ACTON,MA01720 		  PC CHILDREN, YOUTH & FAMILIES 20,000

LITERATIONS

1 FEDERAL ST
BOSTON,MA02110 		  PC CHILDREN, YOUTH & FAMILIES 20,000

LOVELANE SPECIAL NEEDS HORSEBACK RIDING PROGRAM

40 BAKER BRIDGE ROAD
LINCOLN,MA01773 		  PC CHILDREN, YOUTH & FAMILIES 10,640

MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC

19 NEEDHAM STREET SUITE 206
NEWTON,MA02461 		  PC CHILDREN, YOUTH & FAMILIES 20,000

METROWEST LEGAL SERVICES

63 FOUNTAIN ST
FRAMINGHAM,MA01702 		  PC CHILDREN, YOUTH & FAMILIES 20,000

SMILE MASS

66 DUDLEY RD
SUDBURY,MA01776 		  PC CHILDREN, YOUTH & FAMILIES 20,000

SPARK KINDNESS INC

PO BOX 823
NATICK,MA01760 		  PC CHILDREN, YOUTH & FAMILIES 20,000

THINKGIVE INC

PO BOX 92
CONCORD,MA01742 		  PC CHILDREN, YOUTH & FAMILIES 20,000

WAYSIDE YOUTH AND FAMILY SUPPORT NETWORK INC

1 FREDERICK ABBOTT WAY
FRAMINGHAM,MA01701 		  PC CHILDREN, YOUTH & FAMILIES 14,322

ACTON-BOXBOROUGH UNITED WAY

15 CHARTER ROAD
ACTON,MA01720 		  PC COMMUNITY 5,000

ADVOCATES INC

1881 WORCESTER ROAD
FRAMINGHAM,MA01701 		  PC COMMUNITY 5,000

AMAZING THINGS ARTS CENTER INC (ATAC)

160 HOLLIS STREET
FRAMINGHAM,MA01702 		  PC COMMUNITY 5,000

ASSABET VALLEY COLLABORATIVE

28 LORD ROAD
MARLBOROUGH,MA01752 		  PC COMMUNITY 5,000

CISA (COMMUNITY INVOLVED IN SUSTAINING AGRICULTURE)

1 SUGARLOAF STREET
SOUTH DEERFIELD,MA01373 		  PC COMMUNITY 5,000

COMMUNITY FOUNDATION FOR METROWEST

3 ELIOT STREET
NATICK,MA01760 		  PC COMMUNITY 25,000

DISCOVERY MUSEUM

177 MAIN ST
ACTON,MA01720 		  PC COMMUNITY 5,000

FRAMINGHAM HISTORY CENTER

PO BOX 2032
FRAMINGHAM,MA01703 		  PC COMMUNITY 5,000

FRAMINGHAM STATE UNIVERSITY FOUNDATION

100 STATE ST
FRAMINGHAM,MA01710 		  PC COMMUNITY 5,000

FRESH START FURNITURE BANK

16 BRENT DRIVE
HUDSON,MA01749 		  PC COMMUNITY 5,000

GRATIS HEALTHCARE

PO BOX644
FRANKLIN,MA02038 		  PC COMMUNITY 5,000

GREATER FRAMINGHAM COMMUNITY CHURCH

44 FRANKLIN STREET
FRAMINGHAM,MA01702 		  PC COMMUNITY 2,500

GREATER FRAMINGHAM COMMUNITY CHURCH

44 FRANKLIN STREET
FRAMINGHAM,MA01702 		  PC COMMUNITY 2,500

JEWISH FAMILY SERVICE OF METROWEST

475 FRANKLIN STREET SUITE 101
FRAMINGHAM,MA01702 		  PC COMMUNITY 5,000

LEADERSHIP METROWEST

PO BOX 734
FRAMINGHAM,MA01701 		  PC COMMUNITY 5,000

LINCOLN-SUDBURY REGIONAL HIGH SCHOOL

390 LINCOLN RD
SUDBURY,MA01776 		  PC COMMUNITY 5,000

MASSACHUSETTS AUDUBON SOCIETY INC

208 S GREAT RD
LINCOLN,MA01773 		  GOV COMMUNITY 5,000

METROWEST NONPROFIT NETWORK

PO BOX 1661
FRAMINGHAM,MA01701 		  PC COMMUNITY 5,000

METROWEST NONPROFIT NETWORK

PO BOX 1661
FRAMINGHAM,MA01701 		  PC COMMUNITY 5,000

MILL CITY GROWS

650 SUFFOLK STREET G10
LOWELL,MA01854 		  PC COMMUNITY 5,000

NATICK IS UNITED

PO BOX 283
NATICK,MA01760 		  PC COMMUNITY 5,000

NATICK SERVICE COUNCIL INC

2 WEBSTER STREET
NATICK,MA01760 		  PC COMMUNITY 5,000

OPEN TABLE INC

PO BOX 42
CONCORD,MA01742 		  PC COMMUNITY 5,000

PHILANTHROPY MASSACHUSETTS

133 FEDERAL STREET SUITE 802
BOSTON,MA02110 		  PC COMMUNITY 6,525

REACH BEYOND DOMESTIC VIOLENCE

PO BOX 540024
WALTHAM,MA02454 		  PC COMMUNITY 4,600

SOUTH MIDDLESEX OPPORTUNITY COUNCIL

7 BISHOP STREET
FRAMINGHAM,MA01702 		  PC COMMUNITY 5,000

SUDBURY VALLEY TRUSTEES

18 WOLBACH ROAD
SUDBURY,MA01776 		  PC COMMUNITY 5,000

THE CARROT PROJECT - TSNE

89 SOUTH STREET
BOSTON,MA02111 		  PC COMMUNITY 5,000

THE FOOD PROJECT

10 LEWIS ST
LINCOLN,MA01773 		  PC COMMUNITY 5,000

THE NATICK COMMUNITY ORGANIC FARM

117 ELIOT STREET
NATICK,MA01760 		  PC COMMUNITY 5,000

THINKGIVE INC

PO BOX 92
CONCORD,MA01742 		  PC COMMUNITY 5,000

THRIVE COMMUNITIES VOICES OF REENTRY

36 BERKSHIRE ROAD
FRAMINGHAM,MA01702 		  PC COMMUNITY 5,000

TOWN OF SUDBURY

278 OLD SUDBURY ROAD
SUDBURY,MA01776 		  PC COMMUNITY 5,000

TOWN OF WAYLAND - HUMAN RIGHTS DIVERSITY EQUITY AND INCLUSION COMMITTEE

41 COCHITUATE ROAD
WAYLAND,MA01778 		  GOV COMMUNITY 5,000

WILDFLOWER INC

271 LINCOLN STREET
LEXINGTON,MA02421 		  GOV COMMUNITY 5,000

BOSTON AREA GLEANERS

91 MARTIN ST
ACTON,MA01720 		  PC FARM & LOCAL FOOD 33,000

COMMUNITY INVOLVED IN SUSTAINING AGRICULTURE

1 SUGARLOAF STREET
SOUTH DEERFIELD,MA01373 		  PC FARM & LOCAL FOOD 33,000

GARDENING THE COMMUNITY

PO BOX 90774
SPRINGFIELD,MA01139 		  PC FARM & LOCAL FOOD 10,000

GARDENING THE COMMUNITY

PO BOX 90774
SPRINGFIELD,MA01139 		  PC FARM & LOCAL FOOD 25,000

LOVIN' SPOONFULS INC

1304 COMMONWEALTH AVENUE SUITE E
BOSTON,MA02134 		  PC FARM & LOCAL FOOD 33,000

MASS FOOD SYSTEM COLLABORATIVE

89 SOUTH STREET 7TH FLOOR
BOSTON,MA02111 		  PC FARM & LOCAL FOOD 25,000

METROWEST FOOD COLLABORATIVE

78 MAIN STREET
HUDSON,MA01749 		  PC FARM & LOCAL FOOD 5,000

MILL CITY GROWS

650 SUFFOLK STREET G10
LOWELL,MA01854 		  PC FARM & LOCAL FOOD 34,000

MILL CITY GROWS

650 SUFFOLK STREET G10
LOWELL,MA01854 		  PC FARM & LOCAL FOOD 25,000

REGIONAL ENVIRONMENTAL COUNCIL

PO BOX 255
WORCESTER,MA01613 		  PC FARM & LOCAL FOOD 33,000

REGIONAL ENVIRONMENTAL COUNCIL

PO BOX 255
WORCESTER,MA01613 		  PC FARM & LOCAL FOOD 25,000

THE CARROT PROJECT - TSNE

89 SOUTH STREET
BOSTON,MA02111 		  PC FARM & LOCAL FOOD 34,000

TRUSTEES OF TUFTS COLLEGE CO NEW ENTRY SUSTAINABLE FARMING PROJECT

NEW ENTRY SUSTAINABLE FARMING
PROJECT
BEVERLY,MA01915 		  PC FARM & LOCAL FOOD 34,000

UNITED WAY OF CENTRAL MASS

18 CHESTNUT STREET SUITE 530
WORCESTER,MA01608 		  PC FARM & LOCAL FOOD 10,000

WORLD FARMERS

769 MAIN STREET
LANCASTER,MA01523 		  PC FARM & LOCAL FOOD 5,000

GIFTS OF HOPE

PO BOX 338
SUDBURY,MA01776 		  PC SUDBURY 15,000

GOODNOW LIBRARY FOUNDATION

21 CONCORD ROAD
SUDBURY,MA01776 		  PC SUDBURY 19,089

MAB COMMUNITY SERVICES

200 IVY ST
BROOKLINE,MA02446 		  PC SUDBURY 6,795

METRO COMMUNITY DEVELOPMENT CORPORATION

40 MECHANIC ST
MARLBOROUGH,MA01752 		  PC SUDBURY 16,150

METROWEST FREE MEDICAL PROGRAM

246 MAPLE STREET
MARLBOROUGH,MA01752 		  PC SUDBURY 10,000

SUDBURY HISTORICAL SOCIETY

288 OLD SUDBURY ROAD
SUDBURY,MA01776 		  PC SUDBURY 50,000

SUDBURY PUBLIC SCHOOLS

40 FAIRBANK RD
SUDBURY,MA01776 		  PC SUDBURY 22,000

SUDBURY VALLEY TRUSTEES

18 WOLBACH ROAD
SUDBURY,MA01776 		  GOV SUDBURY 12,000

SUDBURY YOUTH SOCCER ASSOCIATION

PO BOX 11
SUDBURY,MA01776 		  PC SUDBURY 11,500

THE GUILD FOR HUMAN SERVICES

521 VIRGINIA ROAD
CONCORD,MA01742 		  PC SUDBURY 17,000

TOWN OF SUDBURY

278 OLD SUDBURY ROAD
SUDBURY,MA01776 		  PC SUDBURY 15,000

TOWN OF SUDBURY

278 OLD SUDBURY ROAD
SUDBURY,MA01776 		  GOV SUDBURY 30,000

AMHERST COLLEGE

PO BOX 5000
AMHERST,MA01002 		  PC SCHOLARSHIP 8,200

ARIZONA STATE UNIVERSITY

PO BOX 870412
TEMPE,AZ85287 		  PC SCHOLARSHIP 5,000

BOSTON UNIVERSITY

25 BUICK STREET SUITE 130
BOSTON,MA02215 		  PC SCHOLARSHIP 5,000

BOSTON UNIVERSITY

25 BUICK STREET SUITE 130
BOSTON,MA02215 		  PC SCHOLARSHIP 5,000

BOSTON UNIVERSITY

25 BUICK STREET SUITE 130
BOSTON,MA02215 		  PC SCHOLARSHIP 5,000

CLARK ATLANTA UNIVERSITY

223 JAMES P BRAWLEY DR SW
ATLANTA,GA30314 		  PC SCHOLARSHIP 5,000

CLARK UNIVERSITY

950 MAIN STREET
WORCESTER,MA01610 		  PC SCHOLARSHIP 5,000

COLBY COLLEGE

4130 MAYFLOWER HILL
WATERVILLE,ME04901 		  PC SCHOLARSHIP 5,000

COLGATE UNIVERSITY

13 OAK DRIVE
HAMILTON,NY13346 		  PC SCHOLARSHIP 5,000

COLGATE UNIVERSITY

13 OAK DRIVE
HAMILTON,NY13346 		  PC SCHOLARSHIP 5,000

COLLEGE OF THE HOLY CROSS

1 COLLEGE STREET
WORCESTER,MA01610 		  PC SCHOLARSHIP 5,000

COLLEGE OF THE HOLY CROSS

1 COLLEGE STREET
WORCESTER,MA01610 		  PC SCHOLARSHIP 5,000

COLLEGE OF WILLIAM AND MARY

PO BOX 8795
WILLIAMSBURG,VA23187 		  PC SCHOLARSHIP 5,000

COLUMBIA COLLEGE CHICAGO

600 S MICHIGAN AVENUE
CHICAGO,IL60605 		  PC SCHOLARSHIP 5,000

CONNECTICUT COLLEGE

270 MOHEGAN AVENUE
NEW LONDON,CT06320 		  PC SCHOLARSHIP 5,000

CONNECTICUT COLLEGE

270 MOHEGAN AVENUE
NEW LONDON,CT06320 		  PC SCHOLARSHIP 5,000

CURRY COLLEGE

1071 BLUE HILL AVENUE
MILTON,MA02186 		  PC SCHOLARSHIP 5,000

DREXEL UNIVERSITY

3141 CHESTNUT STREET
PHILADELPHIA,PA19104 		  PC SCHOLARSHIP 5,000

ELON UNIVERSITY

PO BOX 398
ELON,NC27244 		  PC SCHOLARSHIP 5,000

EMERSON COLLEGE

120 BOYLSTON STREET
BOSTON,MA02116 		  PC SCHOLARSHIP 5,000

EMERSON COLLEGE

120 BOYLSTON ST
BOSTON,MA02116 		  PC SCHOLARSHIP 5,000

FAIRFIELD UNIVERSITY

1073 NORTH BENSON ROAD
FAIRFIELD,CT06824 		  PC SCHOLARSHIP 5,000

GEORGE WASHINGTON UNIVERSITY

44983 KNOLL SQUARE SUITE 260
ASHBURN,VA20147 		  PC SCHOLARSHIP 5,000

HAMILTON COLLEGE

198 COLLEGE HILL ROAD
CLINTON,NY13323 		  PC SCHOLARSHIP 5,000

MASSACHUSETTS COLLEGE OF ART AND DESIGN

621 HUNTINGTON AVENUE
BOSTON,MA02115 		  PC SCHOLARSHIP 5,000

MIDDLESEX COMMUNITY COLLEGE

591 SPRINGS ROAD
BEDFORD,MA01730 		  PC SCHOLARSHIP 5,000

MORGAN STATE UNIVERSITY

TYLER HALL/BURSARS OFFICE 1700 EAST
COLD SPRING LANE
BALTIMORE,MD21251 		  PC SCHOLARSHIP 5,000

NORTHEASTERN UNIVERSITY

354 RICHARDS HALL 360 HUNTINGTON
AVENUE
BOSTON,MA02115 		  PC SCHOLARSHIP 5,000

PURDUE UNIVERSITY

128 MEMORIAL MALL DR RM 194
WEST LAFAYETTE,IN47907 		  PC SCHOLARSHIP 5,000

PURDUE UNIVERSITY

128 MEMORIAL MALL DR RM 194
WEST LAFAYETTE,IN47907 		  PC SCHOLARSHIP 5,000

RICE UNIVERSITY

PO BOX 1892
HOUSTON,TX77251 		  PC SCHOLARSHIP 5,000

SALVE REGINA UNIVERSITY

100 OCHRE POINT AVENUE
NEWPORT,RI02840 		  PC SCHOLARSHIP 5,000

SIMMONS UNIVERSITY

300 THE FENWAY
BOSTON,MA02115 		  PC SCHOLARSHIP 5,000

TRINITY UNIVERSITY

ONE TRINITY PLACE BOX 77
SAN ANTONIO,TX78212 		  PC SCHOLARSHIP 5,000

TULANE UNIVERSITY

6823 ST CHARLES AVENUE
NEW ORLEANS,LA70118 		  PC SCHOLARSHIP 5,000

TULANE UNIVERSITY

6823 ST CHARLES AVENUE
NEW ORLEANS,LA70118 		  PC SCHOLARSHIP 5,000

UNION COLLEGE

807 UNION STREET
SCHENECTADY,NY12308 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF ARIZONA

ATTN OPERATIONS PO BOX 210066
TUCSON,AZ85721 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF CONNECTICUT

233 GLENBROOK ROAD UNIT 4100
STORRS,CT06269 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF DELAWARE

30 LOVETT AVENUE
NEWARK,DE19716 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01776 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS AMHERST

243 WHITMORE ADMIN BLDG 181
PRESIDENTS DR ROOM 215
AMHERST,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS DARTMOUTH

285 OLD WESTPORT ROAD
DARTMOUTH,MA01003 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS DARTMOUTH

285 OLD WESTPORT ROAD
DARTMOUTH,MA02747 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF MASSACHUSETTS LOWELL

220 PAWTUCKET STREET SUITE M30
LOWELL,MA01854 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF NEW HAMPSHIRE

11 GARRISON AVENUE
DURHAM,NH03824 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF NEW HAMPSHIRE

11 GARRISON AVENUE
DURHAM,NH03824 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF PITTSBURGH

G-9 THACKERY HALL 139 UNIVERSITY
PLACE
PITTSBURGH,PA15260 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF RICHMOND

142 UR DRIVE BOX R
RICHMOND,VA23173 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF ROCHESTER

330 MELIORA HALL
ROCHESTER,NY14627 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF VERMONT

223 WATERMAN BLDG 85 S PROSPECT ST
BURLINGTON,VT05405 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF VERMONT

223 WATERMAN BLDG 85 S PROSPECT ST
BURLINGTON,VT05405 		  PC SCHOLARSHIP 5,000

UNIVERSITY OF VIRGINIA

PO BOX 400204
CHARLOTTESVILLE,VA22904 		  PC SCHOLARSHIP 5,000

WELLESLEY COLLEGE

106 CENTRAL STREET
WELLESLEY,MA02481 		  PC SCHOLARSHIP 5,000
Total .................................right arrow 3a 1,631,188
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 721,375  
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 .....         1,750
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 456,957  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRENTAL FEES 		        2,200
bRETURNED GRANT FUNDS         290
cREFUND FROM US TREASURY         2
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,178,332 4,242
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,182,574
(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.)
11A GRANGE RENTAL FEES FOR COMMUNITY GROUPS
11B EXCESS FUNDS RETURNED FROM GRANTS PREVIOUSLY PAID OUT.
11C REFUND FROM US TREASURY
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 SUDBURY FOUNDATION
EIN:
04-6037026
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 25,792 2,579 0 23,213

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 8,388,979 8,388,979

TY 2023 InvestmentsOtherSchedule2
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS AT COST 21,925,052 21,925,052
PRIVATE EQUITY FUNDS AT COST 2,244,989 2,244,989
COMMODITIES AT COST 711,634 711,634

TY 2023 LandEtcSchedule2
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER 2,684 2,684 0  
BUILDING 1,182,714 487,869 694,845 694,845
OFFICE FURNITURE 23,912 23,912 0  
APPLIANCES 1,242 1,242 0  
MEETING FURNITURE 5,964 5,964 0  
WINDOW TREATMENTS 4,200 4,200 0  
OFFICE LAMPS 730 730 0  
INTERIOR DESIGN 1,500 1,500 0  
BABIN LANDSCAPING 2,570 2,570 0  
LAND 49,885 0 49,885 49,885
IMAC COMPUTER 2,249 2,249 0  
MEETING ROOM WINDOW TREATMENTS 2,803 2,522 281 281
COMPUTER 2,168 2,168 0  
COMPUTER 2,368 2,368 0  
COMPUTER 2,099 2,099 0  
LANDSCAPING 3,915 2,349 1,566 1,566
LYNCH LANDSCAPING - FRONT LANDING 14,607 2,921 11,686 11,686
TWO MACBOOK AIRS 3,698 1,479 2,219 2,219


TY 2023 OtherAssetsSchedule
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM RELATED INVESTMENT 200,000 300,000 300,000


TY 2023 OtherDecreasesSchedule
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Description Amount
CHANGE IN DEFERRED TAX EXPENSE 63,121


TY 2023 OtherExpensesSchedule
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 28,850 0 0 28,850
INSURANCE 2,029 0 0 2,029
FILING FEES/PENALTIES 1,399 0 0 1,399


TY 2023 OtherIncomeSchedule2
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INTEREST FROM PROGRAM RELATED INVESTMENTS 1,750 1,750  
RENTAL FEES 2,200   2,200
RETURNED GRANT FUNDS 290   290
REFUND FROM US TREASURY 2   2


TY 2023 OtherIncreasesSchedule
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Description Amount
UNREALIZED GAIN ON INVESTMENTS 3,490,039


TY 2023 OtherLiabilitiesSchedule
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX LIABILITY 12,918 61,430


TY 2023 OtherProfessionalFeesSchedule
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL CONSULTANTS 13,745 0 0 13,745


TY 2023 TaxesSchedule
Name:
THE SUDBURY FOUNDATION
EIN:
04-6037026
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 17,770 0 0 17,770