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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
FRENCH FDN TR UDECL
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 185
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152300185
A Employer identification number

04-6053426
B Telephone number (see instructions)

(617) 722-7353
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$9,503,233J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 140,570 140,330  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 617,510
b Gross sales price for all assets on line 6a 4,945,519
7 Capital gain net income (from Part IV, line 2)... 617,510
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
125,919 123,482  
12 Total. Add lines 1 through 11........ 883,999 881,322  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
897 0 0 897
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
33,600 20,160   13,440
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,782 2,987   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
49,717 49,647   70
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 94,996 72,794 0 14,407
25 Contributions, gifts, grants paid....... 420,000 420,000
26 Total expenses and disbursements. Add lines 24 and 25 514,996 72,794 0 434,407
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 369,003
b Net investment income (if negative, enter -0-) 808,528
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 148,881 138,066 138,066
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,675,512 Click to see attachment
List of Attached Documents:
// Content
7,054,237 		9,365,167
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,824,393 7,192,303 9,503,233
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 6,824,393 7,192,303
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)..... 6,824,393 7,192,303
30 Total liabilities and net assets/fund balances (see instructions). 6,824,393 7,192,303
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
6,824,393
2
Enter amount from Part I, line 27a .....................
2
369,003
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
73,784
4
Add lines 1, 2, and 3 ..........................
4
7,267,180
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
74,877
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,192,303
Form 990-PF (2024)
Form 990-PF (2024)
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 63. ASSURANT INC     2024-01-05
b 70. AON PLC/IRELAND A     2024-01-05
c 13. ASSURANT INC   2023-08-23 2024-01-08
d 114. BUNGE GLOBAL SA     2024-01-22
e 170. MORGAN STANLEY DEAN WITTER & CO     2024-02-05
200. MORGAN STANLEY DEAN WITTER & CO     2024-02-05
22. NORTHROP GRUMMAN CORP     2024-02-05
13. NORTHROP GRUMMAN CORP   2023-01-06 2024-02-05
8978.029 BNY MELLON MID CAP STK FD CL M   2023-12-13 2024-02-07
21943.431 BNY MELLON MID CAP STK FD CL M     2024-02-07
3873.968 BNY MELLON SMALL CAP STK FD CL M SHS   2022-11-10 2024-02-07
6738.544 DFA EMERG MKTS CORE EQUITY     2024-02-07
9901.09 BNY MELLON INTERMEDIATE BOND FD CL M     2024-02-08
28076.731 BNY MELLON BOND FD CL M     2024-02-08
38. BERKSHIRE HATHAWAY INC DEL CL B     2024-02-21
3. BERKSHIRE HATHAWAY INC DEL CL B   2022-03-22 2024-02-21
310. COCA - COLA CO   2023-10-24 2024-02-21
20. ELI LILLY & CO COM   2018-10-04 2024-02-21
79. MARATHON PETROLEUM CORP   2023-06-30 2024-02-21
10. MARATHON PETROLEUM CORP   2020-05-13 2024-02-21
4. EXXON MOBIL CORP   2023-06-30 2024-02-28
382. EXXON MOBIL CORP     2024-02-28
360. SHELL PLC-W/I-ADR     2024-02-28
19391.408 BNY MELLON MID CAP STK FD CL M     2024-03-05
13856.529 BNY MELLON SMALL CAP STK FD CL M SHS   2022-11-10 2024-03-05
7673.304 BNY MELLON HIGH YIELD-I   2016-05-19 2024-03-05
2137.201 BNYM FLTNG RT INC-Y   2016-05-19 2024-03-05
4859.42 DFA EMERG MKTS CORE EQUITY   2014-01-27 2024-03-05
350. ISHARES 1-3 YEAR TREASURY BOND ETF   2024-02-07 2024-03-05
88. ELI LILLY & CO COM     2024-03-28
160. PROGRESSIVE CORP OHIO     2024-03-28
105. ABBVIE INC   2023-09-21 2024-04-25
227. ABBVIE INC     2024-04-25
170. CF INDS HLDGS INC   2023-04-28 2024-05-07
2831.257 G Q G PART EMERG MKTS EQ-INST   2024-02-07 2024-05-08
3918.495 ARISTOTLE FLTNG RT INC-I   2024-03-05 2024-05-08
6134.969 BNYM INTL STCK-Y     2024-05-08
1919.386 HOTCHKIS & WILEY HIGH YLD-I     2024-05-08
670. INTERPUBLIC GROUP OF COMPANIES INC     2024-05-08
2500. ISHARES TR S & P SMALL CAP 600     2024-05-08
1300. ISHARES MSCI EMERGING MARKETS EX   2024-03-05 2024-05-08
750. ISHARES CORE MSCI EAFE ETF   2024-05-08 2024-05-23
15658.719 BNY MELLON MID CAP STK FD CL M     2024-05-24
370. INTEL CORPORATION   2023-09-21 2024-06-12
520. SHOPIFY INC-A W/I     2024-06-12
8. NORTHROP GRUMMAN CORP   2023-09-21 2024-06-24
39. NORTHROP GRUMMAN CORP     2024-06-24
.3333 GRAIL INC   2022-08-29 2024-07-08
60. ARES MANAGEMENT CORP   2023-04-11 2024-07-23
37. CINTAS CORP     2024-07-23
22.8333 GRAIL INC     2024-07-23
5.1667 GRAIL INC   2022-08-29 2024-07-23
480. NEWMONT MINING CORP   2023-12-07 2024-07-23
170. CRH PLC   2023-11-16 2024-07-23
320. INTERNATIONAL GAME TECHNOLOG   2022-02-11 2024-07-23
180. ARES MANAGEMENT CORP     2024-07-24
297. INTERNATIONAL GAME TECHNOLOG     2024-07-24
90. CONSTELLATION ENERGY CORP   2023-06-21 2024-07-25
320. EDWARDS LIFESCIENCES CORP   2024-03-28 2024-07-25
296. INTERNATIONAL GAME TECHNOLOG     2024-07-25
297. INTERNATIONAL GAME TECHNOLOG   2021-12-16 2024-07-26
2047.502 CHAMPLAIN MID CAP FUND-INS   2024-03-05 2024-07-31
817.884 G Q G PART EMERG MKTS EQ-INST   2024-02-07 2024-07-31
525.21 ARISTOTLE FLTNG RT INC-I   2024-03-05 2024-07-31
236.519 HOTCHKIS & WILEY HIGH YLD-I     2024-07-31
138. CHEVRON CORPORATION   2024-02-28 2024-08-01
63. J P MORGAN CHASE & CO     2024-08-08
30. EATON CORP PLC   2024-01-05 2024-08-08
41. EATON CORP PLC     2024-08-08
34. TRANE TECHNOLOGIES PLC     2024-08-08
10. EATON CORP PLC   2020-03-03 2024-08-27
96. EATON CORP PLC     2024-08-27
115. ROSS STORES INC   2023-09-21 2024-08-28
350. OCCIDENTAL PETROLEUM CORPORATION COMMON   2023-06-30 2024-09-12
61. J P MORGAN CHASE & CO   2022-11-02 2024-09-13
218. NOVARTIS AG SPNSRD ADR     2024-09-13
59. WILLIS TOWERS WATSON PLC     2024-10-04
310. CITIGROUP INC   2024-02-28 2024-10-24
310. SANOFI-SYNTHELABO     2024-10-24
19. UNITED HEALTH GROUP INC     2024-10-24
5. UNITED HEALTH GROUP INC   2023-01-13 2024-10-24
73. ALLSTATE CORP COM   2023-12-07 2024-10-31
89. T -MOBILE US INC     2024-10-31
38. CONSTELLATION ENERGY CORP     2024-11-14
21. UNITED HEALTH GROUP INC   2024-04-25 2024-11-14
7. UNITED HEALTH GROUP INC   2023-03-17 2024-11-14
3757.986 CHAMPLAIN MID CAP FUND-INS   2024-03-05 2024-11-21
10019.576 BNYM INTL STCK-Y     2024-11-21
750. ISHARES 1-3 YEAR TREASURY BOND ETF   2024-02-07 2024-11-21
1000. ISHARES TR S & P SMALL CAP 600   2023-06-21 2024-11-21
330. CELSIUS HOLDINGS INC     2024-11-26
232. DEXCOM INC     2024-11-26
870. SCHLUMBERGER LIMITED COM     2024-12-13
4730.91 CHAMPLAIN MID CAP FUND-INS   2024-03-05 2024-12-20
2552.598 FIDELITY ADV INTL SM CAP-Z     2024-12-20
708.981 FIDELITY ADV INTL SM CAP-Z     2024-12-20
500. ISHARES BARCLAYS AGGREGATE BOND FUND   2024-02-07 2024-12-20
1600. ISHARES TR S & P SMALL CAP 600   2023-06-21 2024-12-20
CAPITAL GAIN DIVIDENDS P    
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 10,614   8,825 1,789
b 20,127   17,355 2,772
c 2,166   1,810 356
d 10,144   12,666 -2,522
e 14,633   15,180 -547
17,215   10,116 7,099
9,740   9,937 -197
5,756   6,947 -1,191
145,175   140,865 4,310
354,825   393,410 -38,585
75,000   76,472 -1,472
150,000   140,651 9,349
116,932   124,820 -7,888
305,756   343,919 -38,163
15,506   13,362 2,144
1,224   1,053 171
18,900   17,297 1,603
14,781   2,284 12,497
13,108   9,215 3,893
1,659   324 1,335
417   429 -12
39,800   21,658 18,142
22,534   21,929 605
325,000   220,550 104,450
275,329   273,528 1,801
40,899   45,733 -4,834
23,659   25,390 -1,731
109,726   88,345 21,381
28,562   28,669 -107
68,774   9,442 59,332
33,094   20,358 12,736
17,533   16,116 1,417
37,905   26,378 11,527
12,655   12,064 591
50,000   47,990 2,010
37,500   37,422 78
150,000   124,013 25,987
20,000   20,039 -39
20,680   20,339 341
269,978   253,124 16,854
74,804   73,283 1,521
56,364   55,401 963
264,476   120,375 144,101
11,583   12,831 -1,248
33,670   35,882 -2,212
3,443   3,499 -56
16,783   14,604 2,179
5   12 -7
9,016   4,721 4,295
28,010   14,984 13,026
349   579 -230
79   184 -105
22,572   18,991 3,581
13,957   10,086 3,871
6,609   9,295 -2,686
26,323   14,046 12,277
6,010   8,082 -2,072
15,313   8,174 7,139
19,467   30,592 -11,125
5,977   7,514 -1,537
6,903   7,351 -448
50,000   53,440 -3,440
15,000   13,863 1,137
5,000   5,016 -16
2,500   2,469 31
21,055   20,998 57
12,817   8,240 4,577
8,576   7,052 1,524
11,721   4,684 7,037
11,109   3,323 7,786
2,975   935 2,040
28,426   8,033 20,393
17,244   13,024 4,220
17,871   20,754 -2,883
12,524   7,788 4,736
25,167   22,304 2,863
17,151   16,107 1,044
19,492   17,087 2,405
15,970   16,745 -775
10,676   10,065 611
2,810   2,527 283
13,678   10,156 3,522
19,908   15,689 4,219
8,624   2,452 6,172
12,452   10,402 2,050
4,151   3,284 867
100,000   98,083 1,917
235,059   150,052 85,007
61,494   61,433 61
123,203   98,557 24,646
9,133   15,557 -6,424
17,966   28,452 -10,486
34,960   37,098 -2,138
115,008   123,477 -8,469
78,263   80,519 -2,256
21,737   21,128 609
48,511   49,015 -504
186,049   157,691 28,358
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
      38,220
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       1,789
b       2,772
c       356
d       -2,522
e       -547
      7,099
      -197
      -1,191
      4,310
      -38,585
      -1,472
      9,349
      -7,888
      -38,163
      2,144
      171
      1,603
      12,497
      3,893
      1,335
      -12
      18,142
      605
      104,450
      1,801
      -4,834
      -1,731
      21,381
      -107
      59,332
      12,736
      1,417
      11,527
      591
      2,010
      78
      25,987
      -39
      341
      16,854
      1,521
      963
      144,101
      -1,248
      -2,212
      -56
      2,179
      -7
      4,295
      13,026
      -230
      -105
      3,581
      3,871
      -2,686
      12,277
      -2,072
      7,139
      -11,125
      -1,537
      -448
      -3,440
      1,137
      -16
      31
      57
      4,577
      1,524
      7,037
      7,786
      2,040
      20,393
      4,220
      -2,883
      4,736
      2,863
      1,044
      2,405
      -775
      611
      283
      3,522
      4,219
      6,172
      2,050
      867
      1,917
      85,007
      61
      24,646
      -6,424
      -10,486
      -2,138
      -8,469
      -2,256
      609
      -504
      28,358
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 617,510
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 11,239
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 11,239
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 11,239
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 9,927
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,346
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,273
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 1,034
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,034 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowBNY MELLON NA Telephone no.right arrow (617) 722-7353

Located atright arrowPO BOX 185PITTSBURGHPA ZIP+4right arrow152300185
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 2024, 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 (2024)
Form 990-PF (2024)
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)
 
No
(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
 
 
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
JAMESON S FRENCH TRUSTEE
5 		0    
45 DRIFTWOOD LANE
PORTSMOUTH,NH03801
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 (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
9,246,011
b
Average of monthly cash balances.......................
1b
161,209
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
9,407,220
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
9,407,220
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
141,108
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,266,112
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
463,306
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
463,306
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
11,239
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,239
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
452,067
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
452,067
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
452,067
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
434,407
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
434,407
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 452,067
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 16,806
c From 2021...... 5,915
d From 2022...... 38,644
e From 2023...... 23,637
f Total of lines 3a through e ........ 85,002
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 434,407
a Applied to 2023, 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 2024 distributable amount..... 434,407
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 17,660 17,660
(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 67,342
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		67,342
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 5,061
c Excess from 2022.... 38,644
d Excess from 2023.... 23,637
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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

YMCA CAMP HORSESHOE

1549 UNIVERSITY AVE
MORGANTOWN,WV26506 		NONE PC GENERAL OPERATING 3,000

RAYMOND COALITION FOR YOUTH

4 EPPING ST
RAYMOND,NH03077 		NONE PC GENERAL OPERATING 4,000

NH AUDUBON SOCIETY

84 SILK FARM ROAD
CONCORD,NH03301 		NONE PC GENERAL OPERATING 10,000

TUNNELS 2 TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		NONE PC GENERAL OPERATING 3,000

COTTING SCHOOL

453 CONCORD AVE
LEXINGTON,MA04210 		NONE PC GENERAL OPERATING 8,000

SWIM WITH A MISSION

1 HARDY ROAD 127
BEDFORD,NH03110 		NONE PC GENERAL OPERATING 5,000

PINE TREE SOCIETY

149 FRONT STREET
BATH,ME04530 		NONE PC GENERAL OPERATING 7,000

LAND CONSERVATION ASSISTANCE NETWORK

106 LAFAYETTE ST STE 3G
YARMOUTH,ME040966125 		NONE PC GENERAL OPERATING 5,000

SOCIETY FOR THE PROTECTION OF NH FORESTS

54 PORTSMOUTH ST
CONCORD,NH033015486 		NONE PC GENERAL OPERATING 20,000

STRAWBERY BANKE MUSEUM

17 HANCOCK ST 2ND FLOOR
PORTSMOUTH,NH038014611 		NONE PC GENERAL OPERATING 10,000

SOUTHEAST LAND TRUST OF NEW HAMPSHIRE

247 N RIVER RD
EPPING,NH030421519 		NONE PC GENERAL OPERATING 15,000

PRESCOTT PARK ARTS FESTIVAL INC

PO BOX 4370
PORTSMOUTH,NH03802 		NONE PC GENERAL OPERATING 5,000

NH PROJECT LEARNING TREE

24 PORTSMOUTH ST
CONCORD,NH033015486 		NONE PC GENERAL OPERATING 5,000

RAYMOND COALITION FOR YOUTH INC

4 EPPING ST
RAYMOND,NH030772529 		NONE PC GENERAL OPERATING 1,500

UNH THOMPSON SCHOOL

THOMPSON HALL 105 MAIN STREET
DURHAM,NH038243547 		NONE PC GENERAL OPERATING 4,000

UVM MEDICAL CENTER FOUNDATION

ONE SOUTH PROSPECT STREET
BURLINGTON,VT05401 		NONE PC GENERAL OPERATING 1,000

NEW ENGLAND FORESTRY FOUNDATION

PO BOX 1346 32 FOSTER STREET
LITTLETON,MA01460 		NONE PC GENERAL OPERATING 7,500

BABSON COLLEGE

231 FOREST STREET ROOM 161 NIC
WELLESLEY,MA024816834 		NONE PC GENERAL OPERATING 10,000

GOVERNORS ACADEMY

1 ELM STREET
BYFIELD,MA01922 		NONE PC GENERAL OPERATING 1,000

MASS AUDUBON

208 SOUTH GREAT ROAD
LINCOLN,MA01773 		NONE PC GENERAL OPERATING 5,000

CAPE COD MUSEUM OF NATURAL HISTORY

869 MAIN ST
BREWSTER,MA026311032 		NONE PC GENERAL OPERATING 4,500

BRIGHAM AND WOMENS HOSPITAL

75 FRANCIS STREET
BOSTON,MA02115 		NONE PC GENERAL OPERATING 2,500

MASS GENERAL CANCER CENTER

450 BROOKLINE AVE BP418
BOSTON,MA022155418 		NONE PC GENERAL OPERATING 4,000

REGIONAL ENVIRONMENTAL COUNCIL INC

PO BOX 255
WORCESTER,MA01613 		NONE PC GENERAL OPERATING 5,000

GREAT MOUNTAIN FOREST CORPORATION

200 CANAAN MOUNTAIN ROAD
FALLS VILLAGE,CT06031 		NONE PC GENERAL OPERATING 8,000

GOOD SHEPHERD SCHOOL

83 E CHESTER ST
KINGSTON,NY124014122 		NONE PC GENERAL OPERATING 500

CLEAN ENERGY NH

125 N STATE ST
CONCORD,NH03301 		NONE PC GENERAL OPERATING 10,000

CHALLENGE UNLIMITED INC

456 LOWELL ST
ANDOVER,MA018105305 		NONE PC GENERAL OPERATING 5,000

NH LAKES ASSOCIATION

14 HORSESHOE POND LANE
CONCORD,NE03301 		NONE PC GENERAL OPERATING 3,000

WOMEN AND FAMILY LIFE CENTER

96 FAIR STREET
GUILFORD,CT06437 		NONE PC GENERAL OPERATING 7,000

MIDDLEBURY STUDIO SCHOOL

2377 ROUTE 7 S
MIDDLEBURY,VT057538807 		NONE PC GENERAL OPERATING 5,000

CAMP SUNSHINE

PO BOX 48
AURORA,OH442020048 		NONE PC GENERAL OPERATING 7,500

BLACKSTONE HERITAGE CORRIDOR

670 LINWOOD AVE
WHITINSVILLE,MA01588 		NONE PC GENERAL OPERATING 8,000

GRANITE STATE WOODLAND INSTITUTE

54 PORTSMOUTH ST
CONCORD,NH033015486 		NONE PC GENERAL OPERATING 17,000

WHITE BUFFALO

223 DOUBLE ARROW RD
SANTA FE,NM875058142 		NONE PC GENERAL OPERATING 4,000

MILITARY FRIENDS FOUNDATION

6 BEACON STREET SUITE 200
BOSTON,MA02108 		NONE PC GENERAL OPERATING 4,000

BLACKSTONE RIVER WATERSHED

PO BOX 8068
CUMBERLAND,RI028640810 		NONE PC GENERAL OPERATING 5,000

NAT'L ASSOCIATION OF MENTAL ILLNESS

4301 WILSON BLVD STE 30
ARLINGTON,VA22203 		NONE PC GENERAL OPERATING 5,000

MASS FORESTRY ALLIANCE

249 LAKESIDE AVE
MARLBOROUGH,MA01752 		NONE PC GENERAL OPERATING 1,000

GREAT PLAINS CONSERVATION FOUNDATION

165 CAT ROCK LN
JUPITER,FL334582874 		NONE PC GENERAL OPERATING 10,000

ADVOCATES FOR SNAKE PRESERVATION

PO BOX 2752
SILVER CITY,NM880622752 		NONE PC GENERAL OPERATING 8,500

EASTERN ADAPTIVE SPORTS INC

PO BOX 337
NORTH WOODSTOCK,NH03262 		NONE PC GENERAL OPERATING 13,000

THE WILDLIFE SOCIETY

425 BARLOW PL SUITE 200
BETHESDA,MD20814 		NONE PC GENERAL OPERATING 10,000

NORTHEAST DISABLED ATHLETIC ASSOC

82 KILLARNEY DR
BURLINGTON,VT05408 		NONE PC GENERAL OPERATING 4,000

NORTH AMERICAN FOREST FOUNDATION

PO BOX 57
COLLIERVILLE,TN38027 		NONE PC GENERAL OPERATING 5,000

REAL AMERICAN HARDWOOD COALITION

1101 K ST NW STE 700
WASHINGTON DC,DC20005 		NONE PC GENERAL OPERATING 10,000

BLUEFIN COLLABORATIVE

PO BOX 465
OGUNQUIT,ME03907 		NONE PC GENERAL OPERATING 7,000

BLUEFIN TUNA COALITION

8901 LA JOLLA SHORES DR
LA JOLLA,CA920371509 		NONE PC GENERAL OPERATING 5,000

COLBY COLLEGE

C/O BNY MELLON NA
WATERVILLE,ME04901 		NONE PC GENERAL OPERATING 10,000

ISLAND CONSERVATION

2100 DELAWARE AVE
CRUZ,CA95060 		NONE PC GENERAL OPERATING 6,000

QUEBEC-LABRADOR FOUNDATION

4 SOUTH MAIN STREET
IPSWICH,MA01938 		NONE PC GENERAL OPERATING 2,000

NORTHERN FOREST CENTER

18 N MAIN ST 204
CONCORD,NH03301 		NONE PC GENERAL OPERATING 5,000

NATIONAL WILDLIFE FEDERATION

11100 WILDLIFE CENTER DRIVE
RESTON,VA20190 		NONE PC GENERAL OPERATING 10,000

VERMONT WOODLANDS ASSOCIATION

PO BOX 6004
RUTLAND,VT05702 		NONE PC GENERAL OPERATING 2,000

MAINE CHILDRENS HOME

93 SILVER ST
WATERVILLE,ME04901 		NONE PC GENERAL OPERATING 2,000

VERMONT ASSOCIATION FOR THE BLIND

13 OVERLOOK DRIVE SUITE 1
BERLIN,VT05641 		NONE PC GENERAL OPERATING 12,000

BURLINGTON BOYS AND GIRLS CLUB

62 OAK ST
BURLINGTON,VT05401 		NONE PC GENERAL OPERATING 2,000

SARA HOLBROOK COMMUNITY CENTER

66 NORTH AVE
BURLINGTON,VT05401 		NONE PC GENERAL OPERATING 2,000

SUMMER CAMP

5000 STATE ROAD 67
NORTH MARTINSVILLE,IN46151 		NONE PC GENERAL OPERATING 2,000

CAMP TAKUMTA

77 SUNSET VIEW RD
SOUTH HERO,VT05486 		NONE PC GENERAL OPERATING 3,000

MERRIMACK RIVER WATERSHED COUNCIL

60 ISLAND ST 211-E
LAWRENCE,MA01840 		NONE PC GENERAL OPERATING 2,000

FRIENDS FOREVER INTERNATIONAL

1 MORGAN WAY
DURHAM,NH03824 		NONE PC GENERAL OPERATING 10,000

PISCATAQUOG LAND CONSERVANCY

5 MILL ST
NEW BOSTON,NH03070 		NONE PC GENERAL OPERATING 5,000

GUILFORD LAND CONSERVATION TRUST

PO BOX 200
GUILFORD,CT06437 		NONE PC GENERAL OPERATING 5,000

FRIENDS OF BIG ISLAND POND

PO BOX 222
HAMPSTEAD,NH03841 		NONE PC GENERAL OPERATING 17,500

LAKE CHAMPLAIN MARITIME MUSEUM

4472 BASIN HARBOR RD
VERGENNES,VT05491 		NONE PC GENERAL OPERATING 2,000

MASS EYE AND EAR

243 CHARLES STREET
BOSTON,MA02114 		NONE PC GENERAL OPERATING 2,000

ATKINSON NH CONSERVATION COMMISSION

19 ACADEMY AVE
ATIKINSON,NH03811 		NONE PC GENERAL OPERATING 5,000

VT AUDUBON

255 SHERMAN HALLOW ROAD
HUNTINGTON,VT05462 		NONE PC GENERAL OPERATING 5,000
Total .................................right arrow 3a 420,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
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 ....     14 140,570  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 617,510  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		    1 2,138  
bPARTNERSHIP INCOME 900099 299 1 123,482  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 299 883,700  
13Total. Add line 12, columns (b), (d), and (e)..................
13
883,999
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
FRENCH FDN TR UDECL
EIN:
04-6053426
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 897     897

TY 2024 InvestmentsOtherSchedule2
Name:
FRENCH FDN TR UDECL
EIN:
04-6053426
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
37045V100 GENERAL MOTORS CO AT COST 14,839 24,504
443573100 HUBSPOT INC AT COST 14,276 45,987
617446448 MORGAN STANLEY DEAN      
999137425 FUGIO PRIVATE EQUITY      
037833100 APPLE INC AT COST 78,044 213,358
023135106 AMAZON COM INC AT COST 52,755 193,502
05569M814 BNY MELLON INTERMEDI      
G5960L103 MEDTRONIC PLC AT COST 57,906 51,203
05569M509 BNY MELLON MID CAP S      
235851102 DANAHER CORP COMMON AT COST 51,897 53,944
05569M830 BNY MELLON BOND FD C      
233203421 DFA EMERG MKTS CORE      
532457108 ELI LILLY & CO COM      
9AA011765 LIAB-FUGIO IX      
9TA000262 LIAB-FUGIO X      
56585A102 MARATHON PETROLEUM C AT COST 3,436 14,787
9AA011757 FUGIO PRIVATE EQUITY AT COST 141,078 330,413
9FF000705 LIAB-BNY MPE FUND VI      
99VVAGM00 FUGIO PRIVATE EQUITY AT COST 62,419 174,715
084670702 BERKSHIRE HATHAWAY I AT COST 31,887 79,324
17275R102 CISCO SYS INC AT COST 38,911 52,096
9TA000254 FUGIO PRIVATE EQUITY AT COST 195,194 301,586
02079K107 ALPHABET INC AT COST 56,496 213,483
04621X108 ASSURANT INC AT COST 25,543 25,373
35671D857 FREEPORT-MCMORAN COP AT COST 17,444 28,941
075887109 BECTON DICKINSON AND AT COST 56,641 53,314
46625H100 J P MORGAN CHASE & C AT COST 9,670 56,572
594918104 MICROSOFT CORP COM AT COST 72,065 239,834
9FF000697 FUGIO PRIVATE EQUITY AT COST 41,879 303,298
929089100 VOYA FINANCIAL INC AT COST 14,207 19,961
999G31839 LIAB-FUGIO PRIVATE E      
05589K400 BNYM FLTNG RT INC-Y      
852234103 BLOCK INC AT COST 34,683 30,511
20825C104 CONOCOPHILLIPS AT COST 36,809 33,024
666807102 NORTHROP GRUMMAN COR      
67066G104 NVIDIA CORP AT COST 11,950 268,580
031100100 AMETEK INC NEW AT COST 22,659 33,889
038222105 APPLIED MATERIALS IN AT COST 13,290 40,332
05587K857 BNYM INTL STCK-Y      
05588E850 BNY MELLON HIGH YIEL      
G29183103 EATON CORP PLC      
45687V106 INGERSOLL RAND INC AT COST 15,019 38,717
00287Y109 ABBVIE INC      
G8994E103 TRANE TECHNOLOGIES P AT COST 6,964 26,963
90353T100 UBER TECHNOLOGIES IN AT COST 14,731 22,318
91324P102 UNITED HEALTH GROUP AT COST 24,669 29,846
G4863A108 INTERNATIONAL GAME T      
G0403H108 AON PLC/IRELAND A AT COST 15,903 19,035
12572Q105 CME GROUP INC AT COST 47,732 57,129
443201108 HOWMET AEROSPACE INC AT COST 20,993 53,591
254687106 DISNEY (WALT) COMPAN AT COST 28,098 28,394
30231G102 EXXON MOBIL CORP      
172908105 CINTAS CORP      
460690100 INTERPUBLIC GROUP OF      
21037T109 CONSTELLATION ENERGY AT COST 4,940 34,004
759916109 REPLIGEN CORP AT COST 23,189 20,296
16679L109 CHEWY INC - CLASS A AT COST 22,419 28,467
G7496G103 RENAISSANCERE HLDGS AT COST 24,259 28,613
05569M806 BNY MELLON SMALL CAP      
9EEA00053 FUGIO FUND XII PE, L AT COST 110,991 111,771
517834107 LAS VEGAS SANDS CORP AT COST 25,326 28,762
020002101 ALLSTATE CORP COM AT COST 20,868 28,919
016255101 ALIGN TECHNOLOGY INC AT COST 24,578 21,477
806857108 SCHLUMBERGER LIMITED      
9EEA00046 FUGIO FUND XII VC, L AT COST 100,000 113,476
09073M104 BIO-TECHNE CORP AT COST 19,489 16,423
38141G104 GOLDMAN SACHS GROUP AT COST 23,882 40,083
743315103 PROGRESSIVE CORP OHI      
9EEA00020 LIAB-FUGIO FUND XII      
452327109 ILLUMINA INC AT COST 26,497 22,717
776696106 ROPER TECHNOLOGIES I AT COST 29,509 37,429
82509L107 SHOPIFY INC-A W/I      
550021109 LULULEMON ATHLETICA AT COST 15,997 16,826
80105N105 SANOFI-SYNTHELABO AT COST 19,372 20,257
9EEA00061 LIAB-FUGIO FUND XII      
31618H283 FIDELITY ADV INTL SM AT COST 101,909 105,380
00206R102 AT&T INC AT COST 32,564 45,540
00771X419 G Q G PART EMERG MKT AT COST 228,147 246,043
026874784 AMERICAN INTERNATION AT COST 12,468 16,016
03990B101 ARES MANAGEMENT CORP      
125269100 CF INDS HLDGS INC      
191216100 COCA-COLA CO USD      
22160N109 COSTAR GROUP INC AT COST 24,423 24,341
25746U109 DOMINION RES INC VA AT COST 31,976 36,086
38145N220 GOLDMAN SACHS ABS RE AT COST 185,000 195,142
458140100 INTEL CORPORATION      
464287200 ISHARES S&P 500 INDE AT COST 775,130 941,888
464287804 ISHARES TR S & P SMA AT COST 310,455 362,943
46432F842 ISHARES CORE MSCI EA AT COST 724,434 732,669
49177J102 KENVUE INC AT COST 32,126 27,115
651639106 NEWMONT MINING CORP AT COST 13,056 12,283
674599105 OCCIDENTAL PETROLEUM      
74925K581 BOSTON P LNG/SHRT RE AT COST 310,000 288,918
778296103 ROSS STORES INC      
780259305 SHELL PLC-W/I-ADR      
803607100 SAREPTA THERAPEUTICS AT COST 20,843 22,129
92338C103 VERALTO CORP-W/I AT COST 22,940 29,944
98978V103 ZOETIS INC AT COST 25,552 22,158
G25508105 CRH PLC AT COST 16,467 27,756
H11356104 BUNGE GLOBAL SA      
04045F592 ARISTOTLE FLTNG RT I AT COST 32,563 32,358
060505104 BANK OF AMERICA CORP AT COST 20,093 23,294
071813109 BAXTER INTL INC COM AT COST 15,958 11,664
110122108 BRISTOL MYERS SQUIBB AT COST 22,038 25,452
14064D774 FULLTHALER BEH S/C G AT COST 100,000 97,667
25278X109 DIAMONDBACK ENERGY I AT COST 17,325 17,366
26884L109 EQT CORP COM AT COST 52,254 61,326
320517105 FIRST HORIZON NATL C AT COST 14,532 20,744
367829884 GATEWAY TR AT COST 175,000 187,373
36828A101 GE VERNOVA LLC AT COST 22,860 42,761
375558103 GILEAD SCIENCES INC AT COST 16,000 16,627
44134R735 HOTCHKIS & WILEY HIG AT COST 13,388 13,562
443510607 HUBBELL INC COM AT COST 58,874 62,415
460146103 INTERNATIONAL PAPER AT COST 23,408 26,910
46120E602 INTUITIVE SURGICAL I AT COST 29,514 38,625
464287226 ISHARES BARCLAYS AGG AT COST 399,560 397,290
464287457 ISHARES 1-3 YEAR TRE AT COST 32,764 32,792
464287507 ISHARES TR S&P MIDCA AT COST 847,223 919,073
46434G764 ISHARES MSCI EMERGIN AT COST 109,925 108,128
502431109 L3HARRIS TECHNOLOGIE AT COST 36,731 36,378
504922105 LABCORP HOLDINGS INC AT COST 21,671 24,537
59156R108 METLIFE INC AT COST 17,648 17,195
60937P106 MONGODB INC AT COST 27,279 18,858
64110L106 NETFLIX COM INC AT COST 14,329 22,283
681919106 OMNICOM GROUP INC CO AT COST 33,220 30,114
718172109 PHILIP MORRIS INTERN AT COST 15,260 18,053
718546104 PHILLIPS 66 AT COST 21,652 17,203
722304102 PINDUODUO INC-ADR AT COST 16,548 13,288
88579Y101 3M CO AT COST 15,634 19,364
902973304 US BANCORP DEL AT COST 19,849 19,610
9DK000415 LIAB-FUGIO FUND XIII      
9DK000423 FUGIO FUND XIII PE, AT COST 25,000 24,508
9DK000431 FUGIO FUND XIII VC, AT COST 25,000 24,811
9DK000449 LIAB-FUGIO FUND XIII      
G51502105 JOHNSON CTLS INTL PL AT COST 32,593 39,465
H01301128 ALCON INC AT COST 23,072 21,223
V7780T103 ROYAL CARIBBEAN CRUI AT COST 16,579 18,455

TY 2024 OtherDecreasesSchedule
Name:
FRENCH FDN TR UDECL
EIN:
04-6053426
Description Amount
MUTUAL FUND TIMING ADJ 73
ROC ON CY SALES 240
PY RETURN OF CAPITAL ADJUSTMENT 379
PARTNERSHIP INCOME ADJUSTMENT 74,185


TY 2024 OtherExpensesSchedule
Name:
FRENCH FDN TR UDECL
EIN:
04-6053426
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PARTNERSHIP EXPENSES 49,596 49,596   0
STATE AG FEES 70 0   70
ADR FEES 51 51   0


TY 2024 OtherIncomeSchedule2
Name:
FRENCH FDN TR UDECL
EIN:
04-6053426
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUND 2,138 0  
PARTNERSHIP INCOME 123,781 123,482  


TY 2024 OtherIncreasesSchedule
Name:
FRENCH FDN TR UDECL
EIN:
04-6053426
Description Amount
PARTNERSHIP DISTRIBUTIONS 73,777
ROUNDING 7


TY 2024 OtherProfessionalFeesSchedule
Name:
FRENCH FDN TR UDECL
EIN:
04-6053426
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 33,600 20,160   13,440


TY 2024 TaxesSchedule
Name:
FRENCH FDN TR UDECL
EIN:
04-6053426
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,077 2,077   0
FEDERAL TAX PAYMENT - PRIOR YE 1,200 0   0
FEDERAL ESTIMATES - PRINCIPAL 6,595 0   0
FOREIGN TAXES ON NONQUALIFIED 910 910   0