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
MIDDLESEX SAVINGS CHARITABLE
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address) CO MIDDLESEX SAVINGS 6 MAIN ST
  Room/suite
City or town
NATICK
State or province
MA
Country  
ZIP or foreign postal code
01760
A Employer identification number

04-3521246
B Telephone number (see instructions)

5083155361
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)$20,960,312J 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) 1,000,000
2 Check .................
3 Interest on savings and temporary cash investments 44,872 44,872  
4 Dividends and interest from securities... 647,551 647,551  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 103,379
b Gross sales price for all assets on line 6a 220,964
7 Capital gain net income (from Part IV, line 2)... 103,379
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
51,907 0  
12 Total. Add lines 1 through 11........ 1,847,709 795,802  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,750 0   4,750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
98,178 98,178   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,500 0   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
5,734 0   5,734
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 116,162 98,178   10,484
25 Contributions, gifts, grants paid....... 1,172,875 1,172,875
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,289,037 98,178   1,183,359
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 558,672
b Net investment income (if negative, enter -0-) 697,624
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............. 13,734 1,618,166 1,618,166
2 Savings and temporary cash investments.........      
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) 9,543,189 Click to see attachment
List of Attached Documents:
// Content
8,595,023 		8,595,023
b Investments—corporate stock (attach schedule)....... 2,673,402 Click to see attachment
List of Attached Documents:
// Content
2,555,817 		2,555,817
c Investments—corporate bonds (attach schedule)....... 3,104,648 Click to see attachment
List of Attached Documents:
// Content
2,802,175 		2,802,175
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,132,795 Click to see attachment
List of Attached Documents:
// Content
5,389,131 		5,389,131
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,467,768 20,960,312 20,960,312
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........ 28,243,000 28,243,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -8,775,232 -7,282,688
29 Total net assets or fund balances (see instructions)..... 19,467,768 20,960,312
30 Total liabilities and net assets/fund balances (see instructions). 19,467,768 20,960,312
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
19,467,768
2
Enter amount from Part I, line 27a .....................
2
558,672
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
933,872
4
Add lines 1, 2, and 3 ..........................
4
20,960,312
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
20,960,312
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 WK KELLOGG CO - 92942W107 P 2023-10-02 2025-09-26
b AVANOS MEDICAL INC - 05350V106 P 2014-11-03 2025-12-10
c M&T BANK CORP - 55261F104 P 2022-04-04 2025-12-10
d KELLANOVA - XXX-XX-XXXX P 2023-10-02 2025-12-11
e LAMB WESTON HOLDINGS INC - XXX-XX-XXXX P 2016-11-10 2025-12-12
ORGANON AND CO - 68622V106 P 2021-06-04 2025-12-12
VIATRIS INC - 92556V106 P 2020-11-20 2025-12-12
CHEMOURS CO - XXX-XX-XXXX P 2015-07-02 2025-12-16
WARNER BROS DISCOVERY INC - XXX-XX-XXXX P 2022-04-13 2025-12-16
UNILEVER PLC - XXX-XX-XXXX P 2025-12-09 2025-12-18
GE HEALTHCARE TECH INC - 36266G107 P 2023-01-04 2025-12-19
GE VERNOVA LLC - 36828A101 P 2024-04-02 2025-12-19
(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 5,750   2,838 2,912
b 1,409   2,589 -1,180
c 23,341   17,950 5,391
d 83,500   43,935 39,565
e 39,786   124 39,662
729   3,415 -2,686
2,857   4,491 -1,634
2,462   1,998 464
14,299   11,920 2,379
58   39 19
6,861   16,744 -9,883
39,912   11,542 28,370
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       2,912
b       -1,180
c       5,391
d       39,565
e       39,662
      -2,686
      -1,634
      464
      2,379
      19
      -9,883
      28,370
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 2 103,379
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 9,697
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 9,697
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 9,697
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 7,803
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 7,803
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 1,894
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
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
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.MIDDLESEXBANK.COM
14
The books are in care ofRICHARD GAY Telephone no. (508) 315-5315

Located at36 SUMMER STREETNATICKMA ZIP+4017604506
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
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
DANA M NESHE VICE PRESIDENT
4.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
WILLIAM M KUZA UNTIL 12172025 PRESIDENT
8.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
JEANNE SHERLOCK AS OF 5122025 DIRECTOR
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
RAYMOND PAGE DIRECTOR
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
GEORGE FISKE JR DIRECTOR
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
KELLY KOBER DIRECTOR
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
PETER BURKE TREASURER
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
KATHRINE BALDWIN CLERK
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
DONNA GALLO DIRECTOR
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
COURTNEY O'REGAN AS OF 05122025 DIRECTOR
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
ARTHUR J CHAVES AS OF 05122025 DIRECTOR
1.00 		0 0 0
36 SUMMER STREET
NATICK,MA01760
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
MIDDLESEX SAVINGS BANK MANAGEMENT FEES 97,272
36 SUMMER STREET
NATICK,MA01760
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 NONE 0
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 NONE 0
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
19,529,518
b
Average of monthly cash balances.......................
1b
594,589
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
20,124,107
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
20,124,107
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
301,862
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
19,822,245
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
991,112
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
991,112
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
9,697
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,697
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
981,415
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
981,415
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
981,415
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
1,183,359
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
1,183,359
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 7 981,415
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...... 1,980,405
b From 2021...... 187,378
c From 2022...... 29,782
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 2,197,565
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,183,359
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..... 981,415
e Remaining amount distributed out of corpus 201,944
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 2,399,509
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) ... 		1,980,405
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		419,104
10 Analysis of line 9:
a Excess from 2021 .... 187,378
b Excess from 2022 .... 29,782
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 .... 201,944
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:
JENNIFER COOPER UBALDINO
36 SUMMER STREET
NATICK,MA01760
(508) 599-5734
bThe form in which applications should be submitted and information and materials they should include:
SEE WEBSITE
cAny submission deadlines:
SEE WEBSITE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE WEBSITE
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

A PLACE TO TURN

99 HARTFORD STREET
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 12,500

ACTON COMMUNITY SUPPER AND FOOD PANTRY INC

235 SUMMER ROAD
BOXBOROUGH,MA01719 		NOT RELATED   EXEMPT PURPOSE 25,000

ADVOCATES INC

1881 WORCESTER ROAD
FRAMINGHAM,MA01701 		NOT RELATED   EXEMPT PURPOSE 15,000

ARTS WAYLAND FOUNDATION INC

35 ANDREW AVE
WAYLAND,MA01778 		NOT RELATED   EXEMPT PURPOSE 15,000

AURELIA'S GARDEN INC

1 WINDEMERE LANE
WELLESLEY,MA02481 		NOT RELATED   EXEMPT PURPOSE 9,775

BEDFORD COMMUNITY TABLEPANTRY

12 MUDGE WAY
BEDFORD,MA01730 		NOT RELATED   EXEMPT PURPOSE 5,000

BETHANY HILL PLACE

89 BETHANY ROAD
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 16,000

BIG BROTHERS BIG SISTERS OF CENTRAL MASS METROWEST INC

18 CHESTNUT ST SUITE 340
WORCESTER,MA01608 		NOT RELATED   EXEMPT PURPOSE 15,000

BOSTON AREA GLEANERS

91 MARTIN STREET
ACTON,MA01720 		NOT RELATED   EXEMPT PURPOSE 15,000

BOYS & GIRLS CLUB OF WORCESTER

65 BOYS GIRLS CLUB WAY
WORCESTER,MA01610 		NOT RELATED   EXEMPT PURPOSE 15,000

BOYS AND GIRLS CLUBS OF METROWEST INC

169 PLEASANT STREET
MALBOROUGH,MA01752 		NOT RELATED   EXEMPT PURPOSE 17,000

CARITAS COMMUNITIES INC

25 BRAINTREE HILL PARK SUITE 206
BRAINTREE,MA02184 		NOT RELATED   EXEMPT PURPOSE 5,000

CATHOLIC CHARITIES DIOCESE OF WORCESTER

10 HAMMOND ST
WORCESTER,MA01610 		NOT RELATED   EXEMPT PURPOSE 5,000

CELEBRATION INTERNATIONAL CHURCH FOOD PANTRY

6 LOKER STREET
WAYLAND,MA01778 		NOT RELATED   EXEMPT PURPOSE 10,000

CENTRO INC

11 SYCAMORE STREET
WORCESTER,MA01608 		NOT RELATED   EXEMPT PURPOSE 10,000

COCOTREE KIDS

35 PHEASANT HOLLOW RD
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 15,000

COMMUNITY FOUNDATION FOR METROWEST

3 ELIOT STREET
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 35,500

COOPERATIVE ELDER SERVICES INC

2352 MAIN STREET SUITE 108
CONCORD,MA01742 		NOT RELATED   EXEMPT PURPOSE 15,000

CREATIVE HUB WORCESTER INC

653 MAIN STREET
WORCESTER,MA01610 		NOT RELATED   EXEMPT PURPOSE 15,000

DANIEL JAMES MCCARTHY MEMORIAL FUND INC

543 MASSACHUSSETTS AVE
ACTON,MA01720 		NOT RELATED   EXEMPT PURPOSE 15,000

DANIEL'S TABLE

56 PARK STREET
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 10,000

DIGNITY MATTERS INC

PO BOX 1262
WESTBOROUGH,MA01581 		NOT RELATED   EXEMPT PURPOSE 5,000

DISCOVERY MUSEUM

177 MAIN STREET
ACTON,MA01720 		NOT RELATED   EXEMPT PURPOSE 15,000

DOLI ATAMIAN CAMPERSHIP PROGRAM INC

PO BOX 693
ACTON,MA01720 		NOT RELATED   EXEMPT PURPOSE 1,000

DOMESTIC VIOLENCE SERVICES NETWORK

34 WALDEN STREET PO BOX 536
CONCORD,MA01742 		NOT RELATED   EXEMPT PURPOSE 20,000

DRESS FOR SUCCESS WORCESTER INC

120 STAFFORD STREET
WORCESTER,MA01603 		NOT RELATED   EXEMPT PURPOSE 7,500

EL BUEN SAMARITANO FOOD PROGRAM INC

39 PIEDMONT ST
WORCESTER,MA01610 		NOT RELATED   EXEMPT PURPOSE 5,000

FAMILIES FOR DEPRESSION AWARENESS

279 CONCORD RD
WAYLAND,MA01778 		NOT RELATED   EXEMPT PURPOSE 15,000

FAMILY PROMISE METROWEST INC

6 MULLIGAN STREET
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 15,000

FRAMINGHAM HISTORY CENTER

PO BOX 2032
FRAMINGHAM,MA01703 		NOT RELATED   EXEMPT PURPOSE 7,500

FRANKLIN FOOD PANTRY

PO BOX 116
FRANKLIN,MA02038 		NOT RELATED   EXEMPT PURPOSE 25,000

FRESH START FURNITURE BANK

16 BRENT DRIVE
HUDSON,MA01749 		NOT RELATED   EXEMPT PURPOSE 15,000

FRIENDLY HOUSE

36 WALL STREET
WORCESTER,MA01604 		NOT RELATED   EXEMPT PURPOSE 10,000

GIRLS ON THE RUN WORCESTER COUNTY

670 LINWOOD AVE SUITE 12A
WHITINSVILLE,MA01588 		NOT RELATED   EXEMPT PURPOSE 15,000

GREATER WORCESTER COMMUNITY FOUNDATION-SCHOLARSHIPS

ONE MERCANTILE STREET SUITE 010
WORCESTER,MA01608 		NOT RELATED   EXEMPT PURPOSE 53,600

HABITAT FOR HUMANITY METROWEST - GREATER WORCESTER INC

640 LINCOLN STREET SUITE 100
WORCESTER,MA01605 		NOT RELATED   EXEMPT PURPOSE 15,000

HABITAT FOR HUMANITY NORTH CENTRAL MASSACHUSETTS INC

201 GREAT ROAD SUITE 301
ACTON,MA01720 		NOT RELATED   EXEMPT PURPOSE 15,000

HISTORICAL NATURAL HISTORY AND LIBRARY SOCIETY OF SOUTH NATICK MA

58 ELIOT STREET
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 7,500

HOLLISTON EDUCATION FOUNDATION

1196 HIGHLAND ST
HOLLISTON,MA01746 		NOT RELATED   EXEMPT PURPOSE 1,000

HOLLISTON PANTRY SHELF

PO BOX 6662
HOLLISTON,MA01746 		NOT RELATED   EXEMPT PURPOSE 5,000

HOPE AND COMFORT INC DBA H&C HYGIENE HUB

33 FOURTH AVE
NEEDHAM,MA02494 		NOT RELATED   EXEMPT PURPOSE 15,000

HOPE WORLDWIDE

214 CONCORD STREET
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 10,000

HOUSEHOLD GOODS INC

530 MAIN STREET
ACTON,MA01720 		NOT RELATED   EXEMPT PURPOSE 6,000

HUDSON COMMUNITY FOOD PANTRY

PO BOX 608
HUDSON,MA01749 		NOT RELATED   EXEMPT PURPOSE 5,000

INTERNATIONAL INSTITUTE OF NEW ENGLAND

2 BOYLSTON ST 3RD FLOOR
BOSTON,MA02116 		NOT RELATED   EXEMPT PURPOSE 7,500

JEFF'S PLACE

281 PLEASANT STREET
FRAMINGHAM,MA01701 		NOT RELATED   EXEMPT PURPOSE 16,000

JEWISH FAMILY SERVICE OF METROWEST INC

475 FRANKLIN STREET SUITE 101
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 5,000

LEAGUE SCHOOL FOR AUTISM

300 BOSTON PROVIDENCE HIGHWAY
WALPOLE,MA02032 		NOT RELATED   EXEMPT PURPOSE 7,500

LITERACY UNLIMITED

49 LEXINGTON STREET
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 9,000

LITERATIONS

70 FRAMKLIN STREET SUITE 500
BOSTON,MA02110 		NOT RELATED   EXEMPT PURPOSE 15,000

LOAVES AND FISHES FOOD PANTRY - BELLINGHAM

1158 SOUTH MAIN STREET
BELLINGHAM,MA02019 		NOT RELATED   EXEMPT PURPOSE 15,000

MAB COMMUNITY SERVICES INC

29 DENBY ROAD
ALLSTON,MA02134 		NOT RELATED   EXEMPT PURPOSE 15,000

MASSACHUSETTS HORTICULTURAL SOCIETY

900 WASHINGTON STREET
WELLESLEY,MA02482 		NOT RELATED   EXEMPT PURPOSE 10,000

MAYNARD FOOD PANTRY

PO BOX 55
MAYNARD,MA01754 		NOT RELATED   EXEMPT PURPOSE 5,000

MEDFIELD FOOD CUPBOARD

PO BOX 172
MEDFIELD,MA02052 		NOT RELATED   EXEMPT PURPOSE 5,000

MEDWAY FOOD PANTRY

600 MEHAN CIRCLE
MEDWAY,MA02053 		NOT RELATED   EXEMPT PURPOSE 7,500

MEDWAY VILLAGE FOOD PANTRY

170 VILLAGE STREET
MEDWAY,MA02053 		NOT RELATED   EXEMPT PURPOSE 7,500

METROWEST ESL FUND

MESTROWEST ESLPO BOX 4860
FRAMINGHAM,MA01704 		NOT RELATED   EXEMPT PURPOSE 500

METROWEST LEGAL SERVICES INC

63 FOUNTAIN STREET SUITE 304
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 5,000

METROWEST NONPROFIT NETWORK INC

PO BOX 1661
FRAMINGHAM,MA01701 		NOT RELATED   EXEMPT PURPOSE 10,000

METROWEST YMCA

280 OLD CONNECTICUT PATH
FRAMINGHAM,MA01701 		NOT RELATED   EXEMPT PURPOSE 8,000

MILLIS ECUMENICAL FOOD PANTRY

142 EXCHANGE STREET
MILLIS,MA02054 		NOT RELATED   EXEMPT PURPOSE 5,000

MINUTE MAN ARC FOR HUMAN SERVICES INC

35 FOREST RIDGE RD
CONCORD,MA01742 		NOT RELATED   EXEMPT PURPOSE 5,000

MINUTEMAN SENIOR SERVICES INC

ONE BURLINGTON WOODS DRIVE
BURLINGTON,MA01803 		NOT RELATED   EXEMPT PURPOSE 15,000

MUSTARD SEED CATHOLIC WORKER COMMUNITY INC

93 PIEDMONT STREET
WORCESTER,MA01609 		NOT RELATED   EXEMPT PURPOSE 10,000

MY BROTHER'S TABLE

99 MAIN STREET
WAYLAND,MA01778 		NOT RELATED   EXEMPT PURPOSE 10,000

NATICK ROTARY

PO BOX 16
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 500

NATICK SERVICE COUNCIL INC

2 WEBSTER ST
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 11,000

NEEDHAM COMMUNITY COUNCIL

570 HILLSIDE AVE
NEEDHAM,MA02494 		NOT RELATED   EXEMPT PURPOSE 30,000

OPEN TABLE INC

PO BOX 42
CONCORD,MA01742 		NOT RELATED   EXEMPT PURPOSE 10,000

OUT METROWEST

160 HOLLIS ST
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 15,000

PEARL STREET CUPBOARD AND CAFE

46 PARK STREET
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 10,000

PERFORMING ARTS CENTER OF METROWEST INC

3 MAPLE STREET
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 6,000

PLUGGED IN BAND

40 FREEMAN PLACE
NEEDHAM,MA02492 		NOT RELATED   EXEMPT PURPOSE 10,000

PROJECT JUST BECAUSE

5 POND STREET
HOPKINTON,MA01748 		NOT RELATED   EXEMPT PURPOSE 25,000

QUINSIGAMOND COMMUNITY COLLEGE HOMEPLATE FOOD PANTRY

670 WEST BOYLSTON STREET
WORCESTER,MA01606 		NOT RELATED   EXEMPT PURPOSE 5,000

REACH BEYOND DOMESTIC VIOLENCE INC

PO BOX 540024
WALTHAM,MA02454 		NOT RELATED   EXEMPT PURPOSE 15,000

RIA HOUSE INC -- READYINSPIREACT

330 COCHITUATE RD 1784
FRAMINGHAM,MA01701 		NOT RELATED   EXEMPT PURPOSE 15,000

RISE ABOVE FOUNDATION

PO BOX 174
NORTHBRIDGE,MA01534 		NOT RELATED   EXEMPT PURPOSE 2,000

SALVATION ARMY - WALTHAM

33 MYRTLE ST
WALTHAM,MA02453 		NOT RELATED   EXEMPT PURPOSE 10,000

SALVATION ARMY - WORCESTER CITADEL CORPS FOOD PANTRY

640 MAIN STREET
WORCESTER,MA01608 		NOT RELATED   EXEMPT PURPOSE 5,000

SAMARITANS INC

41 WEST ST 4TH FLOOR
BOSTON,MA02111 		NOT RELATED   EXEMPT PURPOSE 10,000

SHERBORN BENEVOLENT SOCIETY

11 MAPLE STREET
SHERBORN,MA01770 		NOT RELATED   EXEMPT PURPOSE 5,000

SHERBORN HISTORICAL SOCIETY

19 WASHINGTON STREET
SHERBORN,MA01770 		NOT RELATED   EXEMPT PURPOSE 1,000

SOAR NATICK

PO BOX 222
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 500

SOUTH MIDDLESEX OPPORTUNITY COUNCIL INC

7 BISHOP STREET
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 5,000

SPARK KINDNESS INC

PO BOX 823
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 10,000

SPOONFULS

189 WELLS AVE SUITE 100
NEWTON,MA02459 		NOT RELATED   EXEMPT PURPOSE 25,000

ST BRIDGET'S FOOD PANTRY

15 WHEELER AVE
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 5,000

STRAIGHT AHEAD MINISTRIES

791 MAIN ST
WORCESTER,MA01610 		NOT RELATED   EXEMPT PURPOSE 5,000

SUDBURY COMMUNITY FOOD PANTRY

63 FOUNTAIN STREET SUITE 304
SUDBURY,MA01776 		NOT RELATED   EXEMPT PURPOSE 25,000

THE CENTER FOR ARTS IN NATICK (TCAN)

14 SUMMER STREET
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 5,500

THE FOOD PROJECT

10 LEWIS STREET
LINCOLN,MA01773 		NOT RELATED   EXEMPT PURPOSE 15,000

THE NATICK COMMUNITY ORGANIC FARM

117 ELIOT STREET
NATICK,MA01760 		NOT RELATED   EXEMPT PURPOSE 5,000

THE PARMENTER FOUNDATION INC

260 BOSTON POST RD SUITE 5
WAYLAND,MA01778 		NOT RELATED   EXEMPT PURPOSE 7,500

THINKGIVE

PO BOX 92
CONCORD,MA01742 		NOT RELATED   EXEMPT PURPOSE 15,000

UNITED PARISHES OF SOUTHBOROUGH FOOD PANTRY INC

PO BOX 28115 COMMON STREET
SOUTHBOROUGH,MA01772 		NOT RELATED   EXEMPT PURPOSE 10,000

UNITED WAY OF TRI-COUNTY INC

46 PARK STREET
FRAMINGHAM,MA01702 		NOT RELATED   EXEMPT PURPOSE 10,000

UNITY FARM SANCTUARY

17 UNITY LANE
SHERBORN,MA01770 		NOT RELATED   EXEMPT PURPOSE 5,000

VIRGINIA THURSTON HEALING GARDEN INC

145 BOLTON RD
HARVARD,MA01451 		NOT RELATED   EXEMPT PURPOSE 5,000

WALPOLE COMMUNITY FOOD PANTRY

PO BOX 43
WALPOLE,MA02081 		NOT RELATED   EXEMPT PURPOSE 5,000

WALTHAM BOYS AND GIRLS CLUB INC

20 EXCHANGE STREET
WALTHAM,MA02451 		NOT RELATED   EXEMPT PURPOSE 15,000

WELLESLEY FOOD PANTRY

207 WASHINGTON STREET
WELLESLEY,MA02481 		NOT RELATED   EXEMPT PURPOSE 5,000

WESTBOROUGH FOOD PANTRY

PO BOX 502
WESTBOROUGH,MA01581 		NOT RELATED   EXEMPT PURPOSE 5,000

WESTFORD FOOD PANTRY

20 PLEASANT ST
WESTFORD,MA01886 		NOT RELATED   EXEMPT PURPOSE 10,000

YWCA CENTRAL MASSACHUSETTS

1 SALEM SQUARE
WORCESTER,MA01608 		NOT RELATED   EXEMPT PURPOSE 15,000

THE NATURE CONNECTION

PO BOX 155
CONCORD,MA01742 		NOT RELATED   EXEMPT PURPOSE 500
Total ................................. 3a 1,172,875
bApproved for future payment

METROWEST YMCA
280 OLD CONNECTICUT PATH
FRAMINGHAM,MA01701 		NOT RELATED   EXEMPT PURPOSE 125,000

SPOONFULS
189 WELLS AVE SUITE 100
NEWTON,MA02459 		NOT RELATED   EXEMPT PURPOSE 50,000
Total ................................. 3b 175,000
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 44,872  
4 Dividends and interest from securities ....     14 647,551  
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 ............ 		    18 103,379  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCITC TAX CREDIT 		        49,283
bTAX REFUND         2,624
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 795,802 51,907
13Total. Add line 12, columns (b), (d), and (e)..................
13
847,709
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
11A MASSACHUSETTS CITC REFUND
11B TAX REFUND
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
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
MIDDLESEX SAVINGS CHARITABLE
FOUNDATION INC
Employer identification number

04-3521246
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
MIDDLESEX SAVINGS CHARITABLE
FOUNDATION INC 		Employer identification number
04-3521246
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
MIDDLESEX SAVINGS BANK
 
6 MAIN STREET
 
NATICK, MA01760

$ 1,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
MIDDLESEX SAVINGS CHARITABLE
FOUNDATION INC 		Employer identification number

04-3521246
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
MIDDLESEX SAVINGS CHARITABLE
FOUNDATION INC 		Employer identification number

04-3521246
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WOLF & COMPANY, P.C. 4,750 0   4,750

TY 2025 InvestmentsCorpBondsSchedule
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 2,802,175 2,802,175

TY 2025 InvestmentsCorpStockSchedule
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Name of Stock End of Year Book Value End of Year Fair Market Value
COMMON STOCK 2,355,817 2,355,817
PREFERRED STOCK 200,000 200,000

TY 2025 InvestmentsGovtObligationsSch
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
US Government Securities - End of Year Book Value:

8,595,023
US Government Securities - End of Year Fair Market Value:

8,595,023
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 InvestmentsOtherSchedule2
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS FMV 5,389,131 5,389,131

TY 2025 OtherExpensesSchedule
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MEMBERSHIPS/DUES 5,460 0   5,460
MA FILING FEE 274 0   274


TY 2025 OtherIncomeSchedule2
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CITC TAX CREDIT 49,283   49,283
TAX REFUND 2,624   2,624


TY 2025 OtherIncreasesSchedule
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Description Amount
UNREALIZED GAINS/LOSSES 933,872


TY 2025 OtherProfessionalFeesSchedule
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CUSTODY SERVICES 906 906   0
MSCF MANAGEMENT FEES 97,272 97,272   0


TY 2025 TaxesSchedule
Name:
MIDDLESEX SAVINGS CHARITABLE
 
FOUNDATION INC
EIN:
04-3521246
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2024 EXCISE TAXES 7,500 0   0