Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
The Bay State Federal Savings
Charitable Foundation
Number and street (or P.O. box number if mail is not delivered to street address) PO Box 1190
  Room/suite
City or town
Sagamore Beach
State or province
MA
Country  
ZIP or foreign postal code
02562
A Employer identification number

04-3415547
B Telephone number (see instructions)

6172252822
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$17,733,640J 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 .................
3 Interest on savings and temporary cash investments 60 60  
4 Dividends and interest from securities... 366,701 366,701  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,429,247
b Gross sales price for all assets on line 6a 4,436,923
7 Capital gain net income (from Part IV, line 2)... 2,429,247
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
355 355  
12 Total. Add lines 1 through 11........ 2,796,363 2,796,363  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 220,000 0   220,000
14 Other employee salaries and wages...... 18,496 0   18,496
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,450 2,725   2,725
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
51,050 1,898   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,207 0   26,693
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 302,203 4,623   267,914
25 Contributions, gifts, grants paid....... 617,450 617,450
26 Total expenses and disbursements. Add lines 24 and 25 ................ 919,653 4,623   885,364
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,876,710
b Net investment income (if negative, enter -0-) 2,791,740
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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......... 891,639 569,179 569,179
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 836,015 Click to see attachment
List of Attached Documents:
// Content
853,287 		853,287
b Investments—corporate stock (attach schedule)....... 12,456,139 Click to see attachment
List of Attached Documents:
// Content
13,706,657 		13,706,657
c Investments—corporate bonds (attach schedule)....... 2,029,855 Click to see attachment
List of Attached Documents:
// Content
2,555,719 		2,555,719
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
39,491 		Click to see attachment
List of Attached Documents:
// Content
48,798 		Click to see attachment
List of Attached Documents:
// Content
48,798
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,253,139 17,733,640 17,733,640
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 )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 16,253,139 17,733,640
29 Total net assets or fund balances (see instructions)..... 16,253,139 17,733,640
30 Total liabilities and net assets/fund balances (see instructions). 16,253,139 17,733,640
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
16,253,139
2
Enter amount from Part I, line 27a .....................
2
1,876,710
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
53
4
Add lines 1, 2, and 3 ..........................
4
18,129,902
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
396,262
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
17,733,640
Form 990-PF (2025)
Form 990-PF (2025)
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 4,436,392   2,007,676 2,428,716
b 531     531
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       2,428,716
b       531
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 2,429,247
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 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 38,805
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 38,805
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 38,805
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 48,800
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 48,800
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....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 9,995
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax9,995 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
MA, DE
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 2025 or the taxable year beginning in 2025? 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 addresswww.baystatecharitable.com
14
The books are in care ofDenise Renaghan Telephone no. (617) 225-2822

Located atPO Box 1190Sagamore BeachMA ZIP+402562
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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)
Yes
 
(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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
Denise M Renaghan President/Director
30.00 		112,000 0 0
PO Box 1190
Sagamore Beach,MA02562
Michael O Gilles Treasurer/Director
20.00 		60,000 0 0
PO Box 1190
Sagamore Beach,MA02562
Brenda T Harrington Asst. Treasurer/Director
20.00 		30,000 0 0
PO Box 1190
Sagamore Beach,MA02562
Anthony F Caruso Secretary/Director
10.00 		18,000 0 0
PO Box 1190
Sagamore Beach,MA02562
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................... 0
Form 990-PF (2025)
Form 990-PF (2025)
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.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
15,818,443
b
Average of monthly cash balances.......................
1b
887,787
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
16,706,230
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
16,706,230
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
250,593
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
16,455,637
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
822,782
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
822,782
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
38,805
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
38,805
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
783,977
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
783,977
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
783,977
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, line 26, column (d) ..........
1a
885,364
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
885,364
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 783,977
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021...... 54,096
c From 2022...... 117,554
d From 2023...... 93,515
e From 2024......  
f Total of lines 3a through e ........ 265,165
4Qualifying distributions for 2025 from Part
XI, line 4: $ 885,364
a Applied to 2024, 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 2025 distributable amount..... 783,977
e Remaining amount distributed out of corpus 101,387
5 Excess distributions carryover applied to 2025. 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 5 366,552
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		366,552
10 Analysis of line 9:
a Excess from 2021 .... 54,096
b Excess from 2022 .... 117,554
c Excess from 2023 .... 93,515
d Excess from 2024 ....  
e Excess from 2025 .... 101,387
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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 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, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Denise Renaghan The Bay State Feder
PO Box 1190
Sagamore Beach,MA02562
(617) 225-2822
info@baystatecharitable.com
bThe form in which applications should be submitted and information and materials they should include:
Grant Application Package or Written Letter with 501(c)(3) IRS Determination Letter.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
To support community organizations that contribute to improving quality of life.
Form 990-PF (2025)
Form 990-PF (2025)
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

Alzheimer's Association

225 North Michigan Avenue 1700
Chicago,IL60601 		N/A   General Operating Support 2,500

American Cancer Society

270 Peachtree Street NW 1300
Atlanta,GA30303 		N/A   General Operating Support 5,000

American Diabetes Association

2451 Crystal Drive Suite 900
Arlington,VA22202 		N/A   General Operating Support 2,500

American Heart Association

7272 Greenville Avenue
Dallas,TX75231 		N/A   General Operating Support 2,500

American Institute for Cancer Research

1560 Wilson Boulevard 1000
Arlington,VA22209 		N/A   General Operating Support 3,000

American Red Cross

431 18th Street NW
Washington,DC20006 		N/A   General Operating Support 5,000

Archdiocese for the Military Services

PO Box 4469
Washington,DC20017 		N/A   General Operating Support 5,000

Asian Task Force Against Domestic Violence

PO Box 120108
Boston,MA02112 		N/A   General Operating Support 2,500

Baker Senior Center Naples Inc

6200 Autumn Oaks Lane
Naples,FL34119 		N/A   General Operating Support 2,500

Best Buddies International Inc

100 Southeast 2nd Street Suite 2200
Miami,FL33131 		N/A   General Operating Support 2,500

Beth Israel Deaconess Medical Center

330 Brookline Avenue
Boston,MA02215 		N/A   General Operating Support 2,500

Blood Cancer United (dba Leukemia & Lymphoma Society)

1201 15th Street NW Suite 410
Washington,DC20005 		N/A   General Operating Support 2,500

Boston Chinatown Neighborhood Center

38 Ash Street
Boston,MA02111 		N/A   General Operating Support 3,000

Brigham and Women's and Faulkner Hospital

263 Huntington Avenue 318
Boston,MA02115 		N/A   General Operating Support 2,500

Brookline Arts Center

86 Monmouth Street
Brookline,MA02446 		N/A   General Operating Support 1,500

Brookline Center for Community Mental Health

41 Garrison Road
Brookline,MA02445 		N/A   General Operating Support 5,000

Brookline Community Foundation

40 Webster Place
Brookline,MA02445 		N/A   General Operating Support 1,000

Brookline Food Pantry

PO Box 45
Brookline,MA02446 		N/A   General Operating Support 5,000

Brookline High School

115 Greenough Street
Brookline,MA02445 		N/A   General Operating Support 3,500

Brookline Multi Service Senior Center Corp

93 Winchester Street
Brookline,MA02446 		N/A   General Operating Support 10,000

Brotherhood of Hope

785 Parker Street
Boston,MA02120 		N/A   General Operating Support 4,500

Cape Cod Healthcare Foundation

32 Main Street
Hyannis,MA02601 		N/A   General Operating Support 2,500

Care Dimensions

75 Sylvan Street Suite B-102
Danvers,MA01923 		N/A   General Operating Support 2,500

Caritas Communities

25 Braintree Hill Office Park 206
Braintree,MA02184 		N/A   General Operating Support 5,000

Catholic Charities USA

2050 Ballenger Avenue Suite 400
Alexandria,VA22314 		N/A   General Operating Support 5,000

Catholic Memorial School

235 Baker Street
West Roxbury,MA02132 		N/A   General Operating Support 50,000

Catholic Relief Services

228 West Lexington Street
Baltimore,MD21201 		N/A   General Operating Support 5,000

Catholic Schools Foundation

67 Batterymarch Street 6th Floor
Boston,MA02110 		N/A   General Operating Support 2,500

Centre Street Food Pantry

11 Homer Street
Newton,MA02459 		N/A   General Operating Support 5,000

Charles River Center

59 East Militia Heights Drive
Needham,MA02492 		N/A   General Operating Support 2,500

Children's Hospital Boston

300 Longwood Avenue
Boston,MA02115 		N/A   General Operating Support 2,000

Clarke School for the Deaf

45 Round Hill Road
Northampton,MA01060 		N/A   General Operating Support 2,500

Coast Guard Foundation

394 Taugwonk Road
Stonington,CT06378 		N/A   General Operating Support 2,500

Community Hospice of Northeast Florida Foundation

4266 Sunbeam Road
Jacksonville,FL32257 		N/A   General Operating Support 1,500

Compassionate Care ALS

17 Chase Road
Falmouth,MA02540 		N/A   General Operating Support 3,500

Cooley's Anemia Foundation

330 Seventh Avenue Suite 200
New York,NY10001 		N/A   General Operating Support 2,000

Cotting School Inc

453 Concord Avenue
Lexington,MA02421 		N/A   General Operating Support 2,500

Covenant House

5 Penn Plaza 19th Floor
New York,NY10001 		N/A   General Operating Support 2,000

CRUDEM Foundation Inc (aka Haiti Health Promise)

362 Sewall Street
Ludlow,MA01056 		N/A   General Operating Support 2,500

Crystal Springs Inc

38 Narrows Road
Assonet,MA02702 		N/A   General Operating Support 2,500

Cured NFP

1755 Lake Cook Road Apartment 118
Highland Park,IL60035 		N/A   General Operating Support 2,500

Cystic Fibrosis Foundation

4550 Montgomery Avenue
Bethesda,MD20814 		N/A   General Operating Support 2,500

Dana Farber Cancer Institute

450 Brookline Avenue
Boston,MA02215 		N/A   General Operating Support 1,500

Dedham Food Pantry

PO Box 46
Dedham,MA02027 		N/A   General Operating Support 5,000

DonorsChoose

134 W 37th Street Floor 11
New York City,NY10018 		N/A   General Operating Support 1,000

DOVE Inc

PO Box 690267
Quincy,MA02269 		N/A   General Operating Support 5,000

Ecumenical Community Food Pantry of Norwood

150 Chapel Street
Norwood,MA02062 		N/A   General Operating Support 5,000

Empower Her (aka Employer Grieving Children)

759 Chief Justice Cushing Highway
Cohasset,MA02025 		N/A   General Operating Support 3,000

English at Large

800 W Cummings Park Suite 550
Woburn,MA01801 		N/A   General Operating Support 2,500

Eternal Word Television Network

5817 Old Leeds Road
Irondale,AL35210 		N/A   General Operating Support 5,000

Father Bill's & Mainspring

430 Belmont Street
Brockton,MA02301 		N/A   General Operating Support 5,000

Feeding Dreams Inc

2097 Trade Center Way Suite D
Naples,FL34109 		N/A   General Operating Support 1,800

Franciscan Missionary Sisters for Africa

172 Foster Street
Brighton,MA02135 		N/A   General Operating Support 5,000

Freedom Waters Foundation Inc

895 10th Street 302-F
Naples,FL34102 		N/A   General Operating Support 2,500

Friends of Sherborn Council on Aging

PO Box 271
Sherborn,MA01770 		N/A   General Operating Support 4,500

Friends of Thai Daughters Inc

PO Box 370
Trevett,ME04571 		N/A   General Operating Support 2,500

Goddard House (aka Home for Aged Women Inc)

165 Chestnut Street
Brookline,MA02445 		N/A   General Operating Support 3,000

Greater Boston Food Bank

70 S Bay Avenue
Boston,MA02118 		N/A   General Operating Support 55,000

Habitat for Humanity - Greater Boston

434 Massachusetts Avenue Suite 201
Boston,MA02118 		N/A   General Operating Support 5,000

Haymakers for Hope Inc

31 Edmunds Road
Wellesley Hills,MA02481 		N/A   General Operating Support 1,500

Health Equity International

399 Revolution Drive Suite 330
Somerville,MA02145 		N/A   a/k/a St. Boniface Haiti Foundation 5,000

Holy Trinity Armenian Church

145 Brattle Street
Cambridge,MA02138 		N/A   General Operating Support 1,000

Home for Little Wanderers

10 Guest Street Suite 3
Boston,MA02135 		N/A   General Operating Support 5,000

Homes for Our Troops

6 Main Street
Taunton,MA02780 		N/A   General Operating Support 2,000

Hope for Haiti Inc

1021 5th Avenue North
Naples,FL34102 		N/A   General Operating Support 5,000

Hospitality Homes

PO Box 15265
Boston,MA02215 		N/A   General Operating Support 2,500

House of Possibilities Inc

350 Washington Street
North Easton,MA02356 		N/A   General Operating Support 2,500

Interfaith Social Services

105 Adams Street
Quincy,MA02169 		N/A   General Operating Support 8,000

International Fellowship of Christians and Jews

303 East Wacker Drive 2300
Chicago,IL60601 		N/A   General Operating Support 4,500

Jett Foundation

390 Circuit Street
Norwell,MA02061 		N/A   General Operating Support 1,500

Jewish Family & Children's Services of Greater Boston

1430 Main Street
Waltham,MA02451 		N/A   General Operating Support 3,000

Jingled Elves Inc

864 Turtle Court
Naples,FL34108 		N/A   General Operating Support 5,000

Journey Forward Inc

5 Shawmut Road
Canton,MA02021 		N/A   General Operating Support 1,000

Knights of Columbus Charities

495 E Main Street
Somerville,NJ08876 		N/A   General Operating Support 5,000

Little People's School Inc

1507 Washington Street
West Newton,MA02465 		N/A   General Operating Support 7,500

MAB Community Services

200 Ivy Street
Brookline,MA02446 		N/A   Massachusetts Association for the Blind 2,500

Make A Wish Foundation of MARI

133 Federal Street 2nd Floor
Boston,MA02110 		N/A   General Operating Support 1,500

Manet Community Health Center

110 West Squantum Street
North Quincy,MA02171 		N/A   General Operating Support 5,000

Massachusetts General Hospital

55 Fruit Street
Boston,MA02114 		N/A   General Operating Support 5,000

Mental Health Collaborative Inc

149 Wood Street
Hopkinton,MA01748 		N/A   General Operating Support 1,000

Mission Local

5 Mulberry Lane
South Walpole,MA02071 		N/A   General Operating Support 1,500

Mission of Deeds

6 Chapin Avenue
Reading,MA01867 		N/A   General Operating Support 6,000

MSPCA-Angell

350 S Huntington Avenue
Boston,MA02130 		N/A   General Operating Support 1,000

Muscular Dystrophy Association Inc

1016 West Jackson Boulevard 1073
Chicago,IL60607 		N/A   General Operating Support 1,500

My Brother's Keeper Inc

534 Washington Street
South Easton,MA02375 		N/A   General Operating Support 5,000

National Kidney Foundation

30 E 33rd Street
New York,NY10016 		N/A   General Operating Support 3,500

National Multiple Sclerosis Society

733 Third Avenue 3rd Floor
New York,NY10017 		N/A   General Operating Support 4,000

Neighborhood Health Clinic Inc

88 12th Street North Suite 100
Naples,FL34102 		N/A   General Operating Support 2,500

Neurofibromatosis Inc Northeast

9 Bedford Street
Burlington,MA01803 		N/A   General Operating Support 2,000

New England Center and Home for Veterans

17 Court Street
Boston,MA02108 		N/A   General Operating Support 5,000

New England Center for Children

33 Turnpike Road
Southborough,MA01772 		N/A   General Operating Support 5,500

Newton Wellesley Hospital

2014 Washington Street
Newton,MA02462 		N/A   General Operating Support 1,500

North Suburban YMCA

2705 Techny Road
Northbrook,IL60062 		N/A   General Operating Support 2,500

Norwood High School

245 Nichols Street
Norwood,MA02062 		N/A   General Operating Support 1,000

NPH USA (fka Friends of the Orphans)

20 North Wacker Drive 4000
Chicago,IL60606 		N/A   General Operating Support 1,000

Old Colony Hospice

321 Manley Street
West Bridgewater,MA02379 		N/A   General Operating Support 2,500

On The Rise

341 Broadway
Cambridge,MA02139 		N/A   General Operating Support 2,500

Operation Smile Inc

3641 Faculty Boulevard
Virginia Beach,VA23453 		N/A   General Operating Support 1,500

Our Lady of Grace at St Joe's Pastoral Collaborative

28 Tarbell Street
Pepperell,MA01463 		N/A   General Operating Support 10,000

Our Lady of Perpetual Help Mission Grammar School

94 St Alphonsus Street
Roxbury,MA02120 		N/A   General Operating Support 5,000

Pan Mass Challenge

77 4th Avenue
Needham Heights,MA02494 		N/A   General Operating Support 4,400

Partners in Health

800 Boylston Street Suite 300
Boston,MA02199 		N/A   General Operating Support 5,000

Payson Park Music Festival

10 Bay State Road
Belmont,MA02478 		N/A   General Operating Support 1,500

Perkins School for the Blind

175 North Beacon Street
Watertown,MA02472 		N/A   General Operating Support 3,500

Piarist Fathers

1339 Monroe Street NE
Washington,DC20017 		N/A   General Operating Support 3,000

Pine Street Inn

434 Harrison Avenue
Boston,MA02118 		N/A   General Operating Support 5,000

Plummer Youth Promise

37 Winter Island Road
Salem,MA01970 		N/A   General Operating Support 2,500

Presentation School Foundation

640 Washington Street
Brighton,MA02135 		N/A   General Operating Support 1,500

Project Place

1145 Washington Street
Boston,MA02118 		N/A   General Operating Support 5,000

Pulmonary Fibrosis Foundation

223 W Jackson Boulevard Suite 350
Chicago,IL60606 		N/A   General Operating Support 1,500

Regina Cleri (Archdiocese of Boston)

66 Brooks Drive
Braintree,MA02184 		N/A   General Operating Support 2,500

Riverside Community Care

270 Bridge Street Suite 301
Dedham,MA02026 		N/A   General Operating Support 3,500

Rosie's Place

889 Harrison Avenue
Boston,MA02118 		N/A   General Operating Support 2,500

Roxbury Stone House (dba Elizabeth Stone House)

PO Box 300039
Jamaica Plain,MA02130 		N/A   General Operating Support 2,500

Sacred Heart School

329 Bishops Highway
Kingston,MA02364 		N/A   General Operating Support 2,500

Saint John's Seminary

127 Lake Street
Brighton,MA02135 		N/A   General Operating Support 5,000

Saint Nectarios Greek Orthodox Church

39 Belgrade Avenue
Roslindale,MA02131 		N/A   General Operating Support 1,000

Samaritans Purse

PO Box 3000
Boone,NC28607 		N/A   General Operating Support 10,000

Sarcoma Foundation of America

9899 Main Street 204
Damascus,MD20872 		N/A   General Operating Support 1,500

School on Wheels of Massachusetts Inc

100 Laurel Street Suite 121
East Bridgewater,MA02333 		N/A   General Operating Support 4,000

Second Chances

PO Box 441328
Somerville,MA02144 		N/A   General Operating Support 2,000

Sisters of Notre Dame de Namur

125 Michigan Avenue NE
Washington,DC20017 		N/A   General Operating Support 5,000

Smile Train

633 Third Avenue
New York,NY10017 		N/A   General Operating Support 1,500

Society of St Vincent de Paul - Naples

4451 Mercantile Avenue
Naples,FL34104 		N/A   General Operating Support 5,000

Somerville Homeless Coalition

PO Box 440436
Somerville,MA02144 		N/A   General Operating Support 2,500

Special Olympics Massachusetts Inc

512 Forest Street
Marlborough,MA01752 		N/A   General Operating Support 2,500

Springwell

307 Waverley Oaks Road Suite 205
Waltham,MA02452 		N/A   General Operating Support 3,500

St Anthony's Shrine

100 Arch Street
Boston,MA02110 		N/A   General Operating Support 2,500

St Catherine's of Siena School

249 Nahatan Street
Norwood,MA02062 		N/A   General Operating Support 1,750

St Columbkille Partnership School

25 Arlington Street
Brighton,MA02135 		N/A   General Operating Support 2,500

St Finbarr Catholic Church

13520 Tamiami Trail E
Naples,FL34114 		N/A   General Operating Support 10,000

St Francis House

39 Boylston Street
Boston,MA02116 		N/A   General Operating Support 5,000

St Joseph Parish Schools

90 Pickering Street
Needham,MA02492 		N/A   General Operating Support 2,500

St Jude Children's Research Hospital

501 Danny Thomas Place
Memphis,TN38105 		N/A   General Operating Support 3,000

St Mary's Center for Women and Children

90 Cushing Avenue
Dorchester,MA02125 		N/A   General Operating Support 5,000

St Matthews House

2001 Airport Road South
Naples,FL34112 		N/A   General Operating Support 5,000

St Sebastian's School

1191 Greendale Avenue
Needham,MA02492 		N/A   General Operating Support 5,000

St Yves School Foundation

64 Holmes Street
Quincy,MA02171 		N/A   General Operating Support 1,500

Team Heart Inc

1150 Walnut Street
Newton Highlands,MA02461 		N/A   General Operating Support 1,500

Teen Challenge

416 Clinton Avenue
Brooklyn,NY11238 		N/A   General Operating Support 2,500

The Guild for Human Services

521 Virginia Road
Concord,MA01742 		N/A   General Operating Support 2,500

The Price Center

27 Christina Street
Newton,MA02461 		N/A   General Operating Support 2,000

The Salvation Army

615 Slaters Lane
Alexandria,VA22314 		N/A   General Operating Support 2,500

The Scandinavian Charitable Society of Greater Boston

206 Waltham Street
West Newton,MA02465 		N/A   General Operating Support 2,500

The Shelter for Abused Women & Children Inc

PO Box 10102
Naples,FL34101 		N/A   General Operating Support 2,500

The Women's Lunch Place

67 Newbury Street
Boston,MA02116 		N/A   General Operating Support 2,500

Tommy's Place Foundation

90 Shore Avenue
Quincy,MA02169 		N/A   General Operating Support 2,500

Tutoring Plus of Cambridge Inc

225 Windsor Street
Cambridge,MA02139 		N/A   General Operating Support 1,000

Twin to Twin Transfusion Syndrome Foundation Inc

411 Longbeach Parkway
Bay Village,OH44140 		N/A   General Operating Support 1,000

United Service Organizations Inc

2111 Wilson Boulevard Suite 1200
Arlington,VA22201 		N/A   General Operating Support 2,500

Walpole Community Food Pantry

PO Box 43
Walpole,MA02081 		N/A   General Operating Support 10,000

Walpole High School

275 Common Street
Walpole,MA02081 		N/A   General Operating Support 1,000

Walpole Public Schools

135 School Street
Walpole,MA02081 		N/A   General Operating Support 500

Watertown Boys and Girls Club

25 Whites Avenue
Watertown,MA02472 		N/A   General Operating Support 2,500

Westwood Food Pantry

PO Box 854
Westwood,MA02090 		N/A   General Operating Support 5,000

Xaverian Brothers High School

800 Clapboardtree Street
Westwood,MA02090 		N/A   General Operating Support 2,500

YoungLife (fbo Boston Southwest chapter)

420 N Cascade Avenue
Colorado Springs,CO80903 		N/A   General Operating Support 2,000
Total ................................. 3a 617,450
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 60  
4 Dividends and interest from securities ....     14 366,701  
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 .....     18 355  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,429,247  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,796,363 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,796,363
(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 (2025)
Form 990-PF (2025)
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
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Form 990-PF (2025)
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TY 2025 AccountingFeesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting fees 5,450 2,725   2,725

TY 2025 InvestmentsCorpBondsSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Name of Bond End of Year Book Value End of Year Fair Market Value
125000 units CUSIP 42225UAD6 124,331 124,331
250000 units CUSIP 448579AQ5 253,872 253,872
200000 units CUSIP 02005NBQ2 201,754 201,754
300000 units CUSIP 49306CAB7 315,081 315,081
300000 units CUSIP 06738EAW5 302,610 302,610
250000 units CUSIP 026874DN4 247,937 247,937
200000 units CUSIP 281020BA4 203,626 203,626
200000 units CUSIP 91159HHW3 192,694 192,694
250000 units CUSIP 37045XFB7 258,350 258,350
100000 units CUSIP 04010LBK8 100,752 100,752
150000 units CUSIP 04010LBL6 148,336 148,336
200000 units CUSIP 345370DB3 206,376 206,376

TY 2025 InvestmentsCorpStockSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Name of Stock End of Year Book Value End of Year Fair Market Value
500 units ABBV 114,245 114,245
540 units ACN 144,882 144,882
707 units AMD 151,411 151,411
176 units APD 43,476 43,476
1750 units ALLY 79,258 79,258
271 units GOOGL 84,823 84,823
543 units GOOGL 170,393 170,393
2630 units AMZN 607,057 607,057
325 units ADI 88,140 88,140
1540 units AAPL 418,664 418,664
319 units ASML 341,285 341,285
6477 units T 160,889 160,889
8400 units BBT 221,508 221,508
164 units BLK 175,536 175,536
439 units BX 67,667 67,667
275 units BA 59,708 59,708
1850 units BMY 99,789 99,789
736 units AVGO 254,730 254,730
198 units CAT 113,428 113,428
1455 units CVX 221,757 221,757
1336 units CSCO 102,912 102,912
900 units C 105,021 105,021
4000 units CFG 233,640 233,640
1417 units KO 99,062 99,062
2026 units GLW 177,397 177,397
100 units COST 86,234 86,234
525 units DHR 120,183 120,183
310 units DRI 57,046 57,046
440 units DELL 55,387 55,387
292 units DLR 45,175 45,175
1097 units DOW 25,648 25,648
446 units DUK 52,276 52,276
10434 units EBC 192,299 192,299
359 units ETN 114,345 114,345
583 units EMR 77,376 77,376
57 units EQIX 43,671 43,671
707 units XOM 85,080 85,080
6666 units FLG 83,925 83,925
1300 units FCX 66,027 66,027
325 units GD 109,415 109,415
2100 units GIS 97,650 97,650
420 units GILD 51,551 51,551
296 units HD 101,854 101,854
160 units HII 54,411 54,411
2500 units INDB 182,700 182,700
210 units IBM 62,204 62,204
1000 units IONQ 44,870 44,870
1150 units JCI 137,713 137,713
662 units JNJ 137,001 137,001
654 units JPM 210,732 210,732
2400 units KMI 65,976 65,976
685 units KKR 87,324 87,324
150 units LLY 161,202 161,202
213 units LMT 103,022 103,022
1500 units MRVL 127,470 127,470
185 units MA 105,613 105,613
365 units MCD 111,555 111,555
2150 units MDT 206,529 206,529
2761 units MRK 290,623 290,623
255 units META 168,323 168,323
573 units MCHP 36,512 36,512
1240 units MSFT 599,689 599,689
950 units NVO 48,336 48,336
3380 units NVDA 630,370 630,370
290 units ORCL 56,524 56,524
280 units PANW 51,576 51,576
770 units PEP 110,510 110,510
2979 units PFE 74,177 74,177
750 units PNC 156,548 156,548
620 units PG 88,852 88,852
558 units PLD 71,234 71,234
174 units PWR 73,438 73,438
3000 units QUBT 30,780 30,780
2200 units RF 59,620 59,620
754 units QSR 51,445 51,445
3000 units RGTI 66,450 66,450
571 units RTX 104,721 104,721
450 units CRM 119,210 119,210
691 units SRE 61,008 61,008
190 units SPOT 110,335 110,335
525 units SBUX 44,210 44,210
1050 units SMCI 30,733 30,733
505 units TMUS 102,535 102,535
720 units TSM 218,801 218,801
275 units TXN 47,710 47,710
490 units TMO 283,930 283,930
1009 units TJX 154,992 154,992
37 units TDG 49,204 49,204
807 units UBER 65,940 65,940
429 units UPS 42,553 42,553
315 units UNH 103,985 103,985
4853 units VZ 197,663 197,663
397 units V 139,232 139,232
2066 units WMT 230,173 230,173
1000 units DIS 113,770 113,770
4000 units WASH 118,200 118,200
374 units WEC 39,442 39,442
2150 units WFC 200,380 200,380
600 units WHR 43,284 43,284
500 units QTUM 54,830 54,830
1750 units GSC 95,130 95,130
670 units RSP 128,345 128,345
690 units BBIN 49,901 49,901
2000 units COWZ 120,340 120,340
520 units NLR 64,584 64,584
400 units VB 103,180 103,180
1000 units VYMI 90,000 90,000
515 units VIG 113,187 113,187

TY 2025 InvestmentsGovtObligationsSch
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
US Government Securities - End of Year Book Value:

853,287
US Government Securities - End of Year Fair Market Value:

853,287
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 OtherAssetsSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Accrued Interest 39,491 48,798 48,798


TY 2025 OtherDecreasesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Description Amount
Net unrealized gains/(losses) on investments 381,250
Net accrual-to-cash adjustment 15,012


TY 2025 OtherExpensesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Office expenses 18,207 0   18,207
Insurance 4,012 0   4,012
Net accrual-to-cash adjustment -15,012 0   4,474


TY 2025 OtherIncomeSchedule2
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Deferred income payment 355 355 355


TY 2025 OtherIncreasesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Description Amount
Prior year excise tax refunds 53


TY 2025 TaxesSchedule
Name:
The Bay State Federal Savings
 
Charitable Foundation
EIN:
04-3415547
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign taxes 1,898 1,898   0
Excise taxes 49,152 0   0