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
EDWIN PHILLIPS TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address) 2036 WASHINGTON STREET
  Room/suite
City or town
HANOVER
State or province
MA
Country  
ZIP or foreign postal code
02339
A Employer identification number

04-6025549
B Telephone number (see instructions)

8888663275
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)$15,622,955J 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      
4 Dividends and interest from securities... 387,723 387,723  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 693,050
b Gross sales price for all assets on line 6a 4,233,308
7 Capital gain net income (from Part IV, line 2)... 693,050
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
573    
12 Total. Add lines 1 through 11........ 1,081,346 1,080,773  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 117,097 58,549   58,549
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
5,886 0 0 0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,638     0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 126,621 58,549 0 58,549
25 Contributions, gifts, grants paid....... 566,317 566,317
26 Total expenses and disbursements. Add lines 24 and 25 ................ 692,938 58,549 0 624,866
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 388,408
b Net investment income (if negative, enter -0-) 1,022,224
c Adjusted net income (if negative, enter -0-)... 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......... 236,319 152,032 152,032
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
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 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 13,092,587 Click to see attachment
List of Attached Documents:
// Content
13,563,627 		15,470,923
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
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) 13,328,906 13,715,659 15,622,955
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
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........ 13,328,906 13,715,659
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 13,328,906 13,715,659
30 Total liabilities and net assets/fund balances (see instructions). 13,328,906 13,715,659
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
13,328,906
2
Enter amount from Part I, line 27a .....................
2
388,408
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
2,656
4
Add lines 1, 2, and 3 ..........................
4
13,719,970
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
4,311
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
13,715,659
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 5. AIR PRODUCTS & CHEMICALS INC   2024-04-25 2025-02-14
b 133. ALPHABET INC-CL A   2023-04-10 2025-08-06
c 100. ALPHABET INC-CL A   2023-04-10 2025-08-19
d 300. ALPHABET INC-CL A   2023-04-10 2025-09-03
e 200. ALPHABET INC-CL A     2025-10-01
200. ALPHABET INC-CL A   2023-05-08 2025-11-06
100. ALPHABET INC-CL A   2023-05-08 2025-12-04
15. ELEVANCE HEALTH INC   2025-10-10 2025-11-06
20. APPLE INC   2023-03-09 2025-02-25
50. APPLE INC     2025-08-19
50. APPLE INC   2023-04-10 2025-09-03
50. APPLE INC   2023-04-10 2025-10-01
15. AUTOMATIC DATA PROCESSING   2023-06-09 2025-02-14
5. AUTOMATIC DATA PROCESSING   2023-06-09 2025-02-25
300. AUTOMATIC DATA PROCESSING     2025-06-27
10. BERKSHIRE HATHAWAY INC-CL B   2023-04-10 2025-02-14
20. BERKSHIRE HATHAWAY INC-CL B   2023-04-10 2025-02-25
380. BERKSHIRE HATHAWAY INC-CL B     2025-04-01
10. BLACKROCK INC     2025-05-22
10. BLACKROCK INC   2023-05-08 2025-08-06
1500. CAUSEWAY INTL VAL-INST     2025-02-14
200. CAUSEWAY INTL VAL-INST   2023-03-09 2025-04-01
1200. CAUSEWAY INTL VAL-INST   2023-03-09 2025-04-30
100. CAUSEWAY INTL VAL-INST   2023-03-09 2025-05-22
500. CAUSEWAY INTL VAL-INST   2023-03-09 2025-08-19
400. CAUSEWAY INTL VAL-INST   2023-03-09 2025-10-01
100. CAUSEWAY INTL VAL-INST   2023-03-09 2025-11-06
200. COHEN & STEERS GL REALTY-I   2024-01-04 2025-02-14
200. COHEN & STEERS GL REALTY-I   2024-01-04 2025-04-30
100. COHEN & STEERS GL REALTY-I   2024-01-04 2025-10-01
50. COLGATE-PALMOLIVE CO   2023-06-09 2025-02-25
50. COLGATE-PALMOLIVE CO   2023-06-09 2025-04-01
50. COPART INC   2023-02-09 2025-02-14
100. COPART INC   2023-02-09 2025-04-30
80000. TWDC ENTERPRISES 18 CORP 3.15% 17 SEP 20   2023-06-09 2025-09-17
100. EOG RESOURCES INC   2023-03-09 2025-01-16
300. PARAMETRIC EMRG MRKTS-I   2023-02-09 2025-04-01
400. PARAMETRIC EMRG MRKTS-I   2023-02-09 2025-04-07
600. PARAMETRIC EMRG MRKTS-I   2023-02-09 2025-04-30
200. PARAMETRIC EMRG MRKTS-I     2025-05-22
500. PARAMETRIC EMRG MRKTS-I   2023-03-09 2025-08-06
500. PARAMETRIC EMRG MRKTS-I   2023-03-09 2025-08-19
500. PARAMETRIC EMRG MRKTS-I   2023-03-09 2025-10-01
1000. PARAMETRIC EMRG MRKTS-I   2023-03-09 2025-11-06
20. ECOLAB INC   2023-03-09 2025-02-14
100. EXXON MOBIL CORP   2023-03-09 2025-04-01
50. META PLATFORMS INC-CLASS A     2025-02-14
130. META PLATFORMS INC-CLASS A     2025-06-23
10. META PLATFORMS INC-CLASS A   2023-03-09 2025-09-03
400. FIDELITY DIVERSIFIED INTL     2025-02-14
200. FIDELITY DIVERSIFIED INTL   2023-03-09 2025-04-15
600. FIDELITY DIVERSIFIED INTL   2023-03-09 2025-04-30
100. FIDELITY DIVERSIFIED INTL   2023-03-09 2025-05-22
300. FIDELITY DIVERSIFIED INTL   2023-03-09 2025-11-06
100. FIDELITY MSCI HEALTH CARE   2025-07-30 2025-08-19
100. FIDELITY MSCI HEALTH CARE   2025-07-30 2025-10-01
2650. FIDELITY MSCI HEALTH CARE     2025-10-10
10. HONEYWELL INTERNATIONAL INC   2024-05-30 2025-02-25
10. HONEYWELL INTERNATIONAL INC   2024-05-30 2025-04-01
50. HONEYWELL INTERNATIONAL INC   2024-05-30 2025-05-22
100. INTERCONTINENTAL EXCHANGE IN   2024-10-01 2025-02-14
40. INTERCONTINENTAL EXCHANGE IN   2024-10-01 2025-04-01
40. INTERCONTINENTAL EXCHANGE IN   2024-10-01 2025-05-22
30. INTUIT INC   2023-03-09 2025-04-01
20. INTUIT INC   2023-03-09 2025-05-22
30. INTUIT INC     2025-08-06
300. JPMORGAN CHASE & CO     2025-01-16
50. JPMORGAN CHASE & CO   2023-05-08 2025-02-14
20. JPMORGAN CHASE & CO   2023-05-08 2025-05-22
25. JPMORGAN CHASE & CO     2025-09-03
70. JPMORGAN CHASE & CO     2025-09-25
305. JPMORGAN CHASE & CO     2025-09-25
15. MASTERCARD INC - A   2023-03-09 2025-02-14
20. MASTERCARD INC - A   2023-03-09 2025-04-30
200. MERCK & CO. INC.   2023-02-09 2025-01-16
55. MERCK & CO. INC.     2025-04-01
100. MERCK & CO. INC.   2023-03-09 2025-10-01
200. MERCK & CO. INC.   2023-03-09 2025-12-04
100. MICROSOFT CORP   2023-02-09 2025-05-22
49. MORGAN STANLEY   2025-09-25 2025-10-01
100. NEXTERA ENERGY INC     2025-04-01
50. NEXTERA ENERGY INC   2023-07-14 2025-10-01
100. NEXTERA ENERGY INC     2025-10-10
200. NIKE INC -CL B     2025-02-25
500. NIKE INC -CL B     2025-08-06
100. NIKE INC -CL B   2024-01-11 2025-08-19
200. ORACLE CORP   2025-05-22 2025-08-06
50. ORACLE CORP   2025-05-22 2025-08-19
70. ORACLE CORP   2025-05-22 2025-10-01
50. PEPSICO INC   2023-02-09 2025-04-01
50. PEPSICO INC   2023-02-09 2025-04-07
50. PEPSICO INC     2025-08-06
100. PEPSICO INC   2023-03-09 2025-08-19
400. PIMCO HIGH YLD SPCTRM-INST   2023-02-09 2025-04-07
300. PIONEER FLOATING RATE-Y   2023-03-09 2025-04-30
30. PROCTER & GAMBLE CO/THE   2023-10-27 2025-04-01
80. PROCTER & GAMBLE CO/THE     2025-06-02
870. PROCTER & GAMBLE CO/THE     2025-06-02
20. ROPER TECHNOLOGIES INC   2023-02-09 2025-02-14
10. ROPER TECHNOLOGIES INC   2023-02-09 2025-02-25
952.458 RUSSELL GLOBAL INFRASTR-S   2023-11-20 2025-01-16
500. RUSSELL GLOBAL INFRASTR-S   2023-11-20 2025-02-14
1500. RUSSELL GLOBAL INFRASTR-S   2023-11-20 2025-04-01
1000. RUSSELL GLOBAL INFRASTR-S   2023-11-20 2025-04-15
1000. RUSSELL GLOBAL INFRASTR-S   2023-11-20 2025-04-30
500. RUSSELL GLOBAL INFRASTR-S   2023-11-20 2025-05-22
500. RUSSELL GLOBAL INFRASTR-S   2023-11-20 2025-11-06
50. SPDR GOLD SHARES     2025-01-16
100. SPDR GOLD SHARES   2023-03-09 2025-02-14
100. SPDR GOLD SHARES   2023-03-09 2025-04-01
50. SPDR GOLD SHARES   2023-03-09 2025-04-07
50. SPDR GOLD SHARES   2023-03-09 2025-04-15
100. SPDR GOLD SHARES     2025-10-01
50. SPDR GOLD SHARES   2023-04-10 2025-11-06
100. SS SPDR P LONG TERM C ETF   2023-07-13 2025-04-01
200. SS SPDR P LONG TERM C ETF   2023-07-13 2025-04-07
50. SLB LTD   2024-03-07 2025-02-14
50. SLB LTD   2024-03-07 2025-04-01
200. SLB LTD   2024-12-10 2025-11-24
3200. SLB LTD     2025-11-24
225. SCHWAB (CHARLES) CORP   2025-04-01 2025-04-30
100. SCHWAB (CHARLES) CORP   2025-04-01 2025-05-22
100. SCHWAB (CHARLES) CORP   2025-04-01 2025-08-06
730. SS TECHNOLOGY SELECT SECTOR     2025-05-22
35. SOLSTICE ADV MATERIALS INC     2025-11-06
165. SOLSTICE ADV MATERIALS INC     2025-11-06
50. STARBUCKS CORP   2024-01-11 2025-01-16
765. STARBUCKS CORP   2024-01-11 2025-02-13
285. STARBUCKS CORP   2024-01-11 2025-02-14
50. STARBUCKS CORP   2024-01-11 2025-02-25
100. STARBUCKS CORP   2024-01-11 2025-08-06
500. STONE RIDGE H/Y REIN RSK-I   2023-04-10 2025-04-30
500. STONE RIDGE H/Y REIN RSK-I   2023-04-10 2025-11-06
500. TCW EMERGING MARKETS INC-I   2023-02-09 2025-04-07
300. TCW EMERGING MARKETS INC-I   2023-02-09 2025-11-06
87. TJX COMPANIES INC   2023-04-10 2025-02-25
18. TJX COMPANIES INC   2023-04-10 2025-04-01
82. TJX COMPANIES INC     2025-04-07
50. TJX COMPANIES INC   2023-05-08 2025-04-30
50. TJX COMPANIES INC   2023-05-08 2025-10-01
50. TEXAS INSTRUMENTS INC   2024-01-03 2025-01-16
100. TEXAS INSTRUMENTS INC   2024-01-03 2025-02-25
100. TEXAS INSTRUMENTS INC   2024-01-03 2025-05-22
50. TEXAS INSTRUMENTS INC   2024-01-03 2025-08-19
40. THERMO FISHER SCIENTIFIC INC     2025-08-19
30. THERMO FISHER SCIENTIFIC INC     2025-10-01
100. THERMO FISHER SCIENTIFIC INC     2025-10-10
20. THERMO FISHER SCIENTIFIC INC   2024-11-06 2025-11-06
10. THERMO FISHER SCIENTIFIC INC   2024-04-08 2025-11-06
300. BRIGHT ROCK MID CAP GR-INST   2023-03-09 2025-04-30
200. BRIGHT ROCK MID CAP GR-INST   2023-03-09 2025-05-22
20. UNION PACIFIC CORP   2023-02-09 2025-01-16
60. UNION PACIFIC CORP   2023-02-09 2025-02-14
80000. US TREASURY N/B 2% 15 AUG 2025   2023-02-09 2025-08-15
100000. US TREASURY N/B 4.625% 28 FEB 2025   2023-07-14 2025-02-28
100000. US TREASURY N/B 4.625% 15 MAR 2026   2023-07-14 2025-04-07
80000. US TREASURY N/B 3.875% 30 APR 2025   2023-05-08 2025-04-07
40. UNITEDHEALTH GROUP INC   2023-04-10 2025-01-16
70. UNITEDHEALTH GROUP INC     2025-04-01
20. UNITEDHEALTH GROUP INC   2023-05-08 2025-04-07
280. UNITEDHEALTH GROUP INC     2025-07-30
370. UNITEDHEALTH GROUP INC     2025-07-30
100. VANGUARD S&P MID-CAP 400 VAL   2023-03-09 2025-05-22
100. VANGUARD S&P MID-CAP 400 VAL     2025-08-19
100. VANGUARD S&P MID-CAP 400 VAL   2023-03-09 2025-09-03
200. VANGUARD M/B SEC INDX-ADM   2023-03-09 2025-04-01
300. VANGUARD M/B SEC INDX-ADM     2025-04-07
150. VEEVA SYSTEMS INC-CLASS A     2025-01-16
75. VEEVA SYSTEMS INC-CLASS A   2023-05-08 2025-02-14
15. VEEVA SYSTEMS INC-CLASS A   2023-05-08 2025-04-30
60. VEEVA SYSTEMS INC-CLASS A     2025-08-06
20. VEEVA SYSTEMS INC-CLASS A   2023-06-09 2025-08-19
100. VERIZON COMMUNICATIONS INC   2023-03-09 2025-02-25
150. VERIZON COMMUNICATIONS INC   2023-03-09 2025-04-01
90. VISA INC-CLASS A SHARES   2023-03-09 2025-02-14
50. VISA INC-CLASS A SHARES   2023-03-09 2025-05-22
60. WEC ENERGY GROUP INC     2025-02-14
50. WEC ENERGY GROUP INC   2024-03-07 2025-04-01
25. WEST PHARMACEUTICAL SERVICES     2025-04-01
25. WEST PHARMACEUTICAL SERVICES   2023-03-09 2025-08-19
50. WEST PHARMACEUTICAL SERVICES     2025-10-01
240. WEST PHARMACEUTICAL SERVICES   2025-02-14 2025-10-10
360. WEST PHARMACEUTICAL SERVICES     2025-10-10
40. ACCENTURE PLC-CL A   2023-03-09 2025-02-14
30. ACCENTURE PLC-CL A   2023-03-09 2025-05-22
10. CHUBB LTD   2023-04-10 2025-02-25
80. CHUBB LTD   2023-04-10 2025-04-01
20. CHUBB LTD     2025-12-04
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,582   1,175 407
b 26,107   14,243 11,864
c 20,293   10,709 9,584
d 68,992   32,127 36,865
e 49,081   21,466 27,615
56,898   21,490 35,408
31,704   10,745 20,959
4,793   5,318 -525
4,957   3,039 1,918
11,562   7,694 3,868
11,857   8,080 3,777
12,833   8,080 4,753
4,653   3,216 1,437
1,566   1,072 494
91,089   67,078 24,011
4,818   3,115 1,703
9,994   6,230 3,764
202,212   124,510 77,702
9,719   6,524 3,195
11,181   6,422 4,759
30,765   26,356 4,409
4,096   3,520 576
24,828   21,120 3,708
2,151   1,760 391
11,790   8,800 2,990
9,692   7,040 2,652
2,388   1,760 628
10,558   10,184 374
10,572   10,184 388
5,591   5,092 499
4,600   3,782 818
4,678   3,782 896
2,998   1,741 1,257
5,964   3,483 2,481
80,000   77,134 2,866
13,621   11,809 1,812
4,338   3,990 348
5,324   5,320 4
8,808   7,980 828
3,046   2,634 412
8,175   6,520 1,655
8,250   6,520 1,730
8,595   6,520 2,075
17,490   13,040 4,450
5,320   3,210 2,110
11,874   11,109 765
36,350   9,181 27,169
88,589   24,249 64,340
7,358   1,865 5,493
18,180   15,648 2,532
8,818   7,670 1,148
27,732   23,010 4,722
4,818   3,835 983
15,657   11,505 4,152
6,481   6,418 63
6,871   6,418 453
183,167   169,688 13,479
2,124   2,007 117
2,126   2,007 119
11,092   10,037 1,055
16,971   16,179 792
6,885   6,472 413
6,978   6,472 506
18,442   12,279 6,163
13,249   8,186 5,063
23,279   13,145 10,134
76,339   39,541 36,798
13,846   6,856 6,990
5,187   2,742 2,445
7,414   3,445 3,969
21,963   16,531 5,432
95,696   43,567 52,129
8,489   5,390 3,099
10,717   7,187 3,530
20,021   21,487 -1,466
4,857   5,963 -1,106
9,025   10,960 -1,935
20,221   21,920 -1,699
45,493   26,979 18,514
7,718   7,777 -59
7,128   7,479 -351
3,895   3,674 221
8,394   6,141 2,253
16,236   24,251 -8,015
37,597   53,980 -16,383
7,813   10,498 -2,685
50,935   31,448 19,487
12,388   7,862 4,526
20,202   11,007 9,195
7,477   8,704 -1,227
7,175   8,704 -1,529
7,055   8,703 -1,648
14,993   17,400 -2,407
3,556   3,484 72
1,806   1,836 -30
5,096   4,430 666
13,443   12,811 632
146,191   128,770 17,421
11,498   8,652 2,846
5,906   4,326 1,580
8,886   7,886 1,000
4,725   4,140 585
14,505   12,420 2,085
9,590   8,280 1,310
9,920   8,280 1,640
5,050   4,140 910
5,230   4,140 1,090
12,524   8,571 3,953
27,003   16,984 10,019
28,853   16,984 11,869
13,668   8,492 5,176
14,804   8,492 6,312
35,562   17,601 17,961
18,339   9,264 9,075
2,252   2,323 -71
4,374   4,646 -272
2,110   2,538 -428
2,092   2,538 -446
7,139   8,286 -1,147
114,229   158,128 -43,899
17,969   17,400 569
8,715   7,733 982
9,662   7,733 1,929
167,404   166,786 618
1,647   1,723 -76
7,766   7,740 26
4,655   4,629 26
85,935   70,831 15,104
32,133   26,388 5,745
5,739   4,629 1,110
8,919   9,259 -340
4,440   4,270 170
4,615   4,270 345
3,150   3,120 30
2,088   1,872 216
10,702   6,745 3,957
2,203   1,396 807
9,755   6,367 3,388
6,333   3,922 2,411
7,241   3,922 3,319
9,755   8,359 1,396
20,102   16,718 3,384
18,587   16,718 1,869
9,730   8,359 1,371
19,634   22,635 -3,001
15,858   16,592 -734
53,476   55,531 -2,055
11,352   11,191 161
5,676   5,778 -102
7,020   6,393 627
4,884   4,262 622
4,604   4,107 497
15,085   12,321 2,764
80,000   75,735 4,265
100,000   99,430 570
100,625   100,407 218
79,972   79,807 165
21,197   20,436 761
36,844   35,230 1,614
10,468   9,863 605
73,114   125,376 -52,262
96,615   179,435 -82,820
9,103   8,235 868
9,809   8,235 1,574
9,963   8,235 1,728
3,702   3,638 64
5,526   5,539 -13
31,820   26,714 5,106
17,415   13,280 4,135
3,421   2,656 765
16,891   11,275 5,616
5,643   3,802 1,841
4,375   3,769 606
6,800   5,654 1,146
31,892   19,934 11,958
17,866   11,075 6,791
6,174   4,908 1,266
5,445   4,090 1,355
5,550   6,949 -1,399
6,108   8,040 -1,932
13,538   16,748 -3,210
62,563   48,677 13,886
93,844   121,393 -27,549
15,597   10,650 4,947
9,523   7,987 1,536
2,777   1,972 805
24,130   15,774 8,356
5,888   3,979 1,909
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
      89,081
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       407
b       11,864
c       9,584
d       36,865
e       27,615
      35,408
      20,959
      -525
      1,918
      3,868
      3,777
      4,753
      1,437
      494
      24,011
      1,703
      3,764
      77,702
      3,195
      4,759
      4,409
      576
      3,708
      391
      2,990
      2,652
      628
      374
      388
      499
      818
      896
      1,257
      2,481
      2,866
      1,812
      348
      4
      828
      412
      1,655
      1,730
      2,075
      4,450
      2,110
      765
      27,169
      64,340
      5,493
      2,532
      1,148
      4,722
      983
      4,152
      63
      453
      13,479
      117
      119
      1,055
      792
      413
      506
      6,163
      5,063
      10,134
      36,798
      6,990
      2,445
      3,969
      5,432
      52,129
      3,099
      3,530
      -1,466
      -1,106
      -1,935
      -1,699
      18,514
      -59
      -351
      221
      2,253
      -8,015
      -16,383
      -2,685
      19,487
      4,526
      9,195
      -1,227
      -1,529
      -1,648
      -2,407
      72
      -30
      666
      632
      17,421
      2,846
      1,580
      1,000
      585
      2,085
      1,310
      1,640
      910
      1,090
      3,953
      10,019
      11,869
      5,176
      6,312
      17,961
      9,075
      -71
      -272
      -428
      -446
      -1,147
      -43,899
      569
      982
      1,929
      618
      -76
      26
      26
      15,104
      5,745
      1,110
      -340
      170
      345
      30
      216
      3,957
      807
      3,388
      2,411
      3,319
      1,396
      3,384
      1,869
      1,371
      -3,001
      -734
      -2,055
      161
      -102
      627
      622
      497
      2,764
      4,265
      570
      218
      165
      761
      1,614
      605
      -52,262
      -82,820
      868
      1,574
      1,728
      64
      -13
      5,106
      4,135
      765
      5,616
      1,841
      606
      1,146
      11,958
      6,791
      1,266
      1,355
      -1,399
      -1,932
      -3,210
      13,886
      -27,549
      4,947
      1,536
      805
      8,356
      1,909
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 693,050
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 14,209
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 14,209
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,209
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 12,500
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,500
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 1,709
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 tax0 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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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)
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 .Click to see attachment
List of Attached Documents:
// Content
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 addressN/A
14
The books are in care ofROCKLAND TRUST Telephone no. (781) 982-6155

Located at2036 WASHINGTON STHANOVERMA ZIP+402339
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)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
KIM BOURESSA CO-TRUSTEE
1 		31,150    
188 PEREGRINE DRIVE
MARSHFIELD,MA02050
L RICHARD FONTANA CO-TRUSTEE
1 		800    
49 HANCOCK STREET
MARSHFIELD,MA02050
EDWARD C BANGS CO-TRUSTEE
1 		800    
210 WOODLAWN CIRCLE
MARSHFIELD,MA02050
DONNA R ADMIRAND CO-TRUSTEE
1 		800    
514 WAREHAM ROAD
PLYMOUTH,MA023603239
WALTER B SULLIVAN CO-TRUSTEE
1 		800    
893 MAIN STREET
HINGHAM,MA020433503
ROCKLAND TRUST COMPANY CO-TRUSTEE
1 		82,747    
2306 WASHINGTON STREET
HANOVER,MA02339
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.........................  
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
15,166,050
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
15,166,050
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
15,166,050
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
227,491
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,938,559
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
746,928
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
746,928
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
14,209
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
14,209
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
732,719
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
732,719
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
732,719
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
624,866
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
624,866
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 7 732,719
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 616,805
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 624,866
a Applied to 2024, but not more than line 2a 616,805
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..... 8,061
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		724,658
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 ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
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:
KIM BOURESSA
188 PEREGRINE WHITE DR
MARSHFIED,MA05050
(718) 254-5461
bThe form in which applications should be submitted and information and materials they should include:
SEE ATTACHED
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ATTACHED
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

SEE ATTACHED
C/O ROCKLAND TRUST
2036 WASHINGTON STREET
HANOVER,MA02339 		SEE ATTACHED   SEE ATTACHED 566,317
Total ................................. 3a 566,317
bApproved for future payment
Total ................................. 3b  
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 ........... 		         
4 Dividends and interest from securities ....     14 387,723  
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 ............ 		    18 693,050  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		  573 1    
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 573 1,080,773  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,081,346
(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
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

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

TY 2025 ExpenditureResponsibilityStmt
Name:
EDWIN PHILLIPS TRUST
EIN:
04-6025549
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
SEE ATTACHED
  		SEE ATTACHED
PROVIDENCE,RI02908 		               

TY 2025 ExplnOfNonFilingWithAGStmt
Name:
EDWIN PHILLIPS TRUST
EIN:
04-6025549
Statement:
MA

TY 2025 InvestmentsCorpStockSchedule
Name:
EDWIN PHILLIPS TRUST
EIN:
04-6025549
Name of Stock End of Year Book Value End of Year Fair Market Value
SEE ATTACHED 13,563,627 15,470,923

TY 2025 LegalFeesSchedule
Name:
EDWIN PHILLIPS TRUST
EIN:
04-6025549
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES - PRINCIPAL (ALLOCA 3,248      
LEGAL FEES - INCOME (ALLOCABLE 2,638      


TY 2025 OtherDecreasesSchedule
Name:
EDWIN PHILLIPS TRUST
EIN:
04-6025549
Description Amount
2025 INCOME POSTED IN 2026 2,631
ADJUSTMENT 1,680


TY 2025 OtherIncomeSchedule2
Name:
EDWIN PHILLIPS TRUST
EIN:
04-6025549
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER REVENUE 573 0  


TY 2025 OtherIncreasesSchedule
Name:
EDWIN PHILLIPS TRUST
EIN:
04-6025549
Description Amount
2024 INCOME POSTED IN 2025 2,656


TY 2025 TaxesSchedule
Name:
EDWIN PHILLIPS TRUST
EIN:
04-6025549
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES ON QUALIFIED FOR 2,251 0   0
FOREIGN TAXES ON NONQUALIFIED 1,387 0   0