Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
THE HARBORONE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 770 OAK ST
  Room/suite
City or town
BROCKTON
State or province
MA
Country  
ZIP or foreign postal code
02301
A Employer identification number

81-2658653
B Telephone number (see instructions)

5088951347
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)$4,351,835J 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   81  
4 Dividends and interest from securities... 215,287 215,684  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 725,785
b Gross sales price for all assets on line 6a 4,742,861
7 Capital gain net income (from Part IV, line 2)... 881,885
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
218,750 0  
12 Total. Add lines 1 through 11........ 1,159,822 1,097,650  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 202,621 30,393   233,014
14 Other employee salaries and wages...... 38,594 0   38,594
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
10,714 0   10,714
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
21,934 0   21,934
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
24,565 28,511   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
14,431 566   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 390 0   390
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,640 0   4,640
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 317,889 59,470   309,286
25 Contributions, gifts, grants paid....... 4,485,421 4,485,421
26 Total expenses and disbursements. Add lines 24 and 25 ................ 4,803,310 59,470   4,794,707
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,643,488
b Net investment income (if negative, enter -0-) 1,038,180
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............. 174,580 100 100
2 Savings and temporary cash investments......... 94,157 798 798
3 Accounts receivable 218,750
Less: allowance for doubtful accounts     218,750 218,750
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) 55,708 0 0
b Investments—corporate stock (attach schedule)....... 5,919,384 Click to see attachment
List of Attached Documents:
// Content
4,131,822 		4,131,822
c Investments—corporate bonds (attach schedule)....... 1,541,007 0 0
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 21,924 Click to see attachment
List of Attached Documents:
// Content
365 		365
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
5,585 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,812,345 4,351,835 4,351,835
Liabilities 17 Accounts payable and accrued expenses.......... 106,818 8,846
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)......... 106,818 8,846
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,705,527 4,342,989
29 Total net assets or fund balances (see instructions)..... 7,705,527 4,342,989
30 Total liabilities and net assets/fund balances (see instructions). 7,812,345 4,351,835
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
7,705,527
2
Enter amount from Part I, line 27a .....................
2
-3,643,488
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
280,950
4
Add lines 1, 2, and 3 ..........................
4
4,342,989
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
4,342,989
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 HARBORONE BANCORP D    
b SALE OF INVESTMENTS P    
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 735,169   351,175 383,994
b 3,966,462   3,509,801 456,661
c 41,230     41,230
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       383,994
b       456,661
c       41,230
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 881,885
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 14,431
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 14,431
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 14,431
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 5,585
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 5,585
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 8,846
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
Yes
 
If "Yes," attach the statement required by General Instruction T. Click to see list of attachments
List of Attached Documents:
// Content
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
MA, DE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressWWW.HARBORONE.COM/ABOUT-US/COMMUNITY/HARBORONE-FO
14
The books are in care ofMAUREEN WILKINSON Telephone no. (508) 895-1347

Located at770 OAK STREETBROCKTONMA ZIP+402301
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JENNIFER WHITE PRESIDENT/DIRECTOR
22.00 		89,250 0 0
770 OAK STREET
BROCKTON,MA02301
MAUREEN WILKINSON DIRECTOR/TREASURER/SECRETARY
22.00 		113,371 0 0
770 OAK STREET
BROCKTON,MA02301
JOSEPH F CASEY DIRECTOR
1.00 		0 0 0
770 OAK STREET
BROCKTON,MA02301
JEFFEREY RUSSELL DIRECTOR/COMMUNIITY REPR.
1.00 		0 0 0
770 OAK STREET
BROCKTON,MA02301
BRENDA DIEPOLD DIRECTOR
1.00 		0 0 0
770 OAK STREET
BROCKTON,MA02301
KATHY HENRY DIRECTOR
1.00 		0 0 0
125 HIGH STREET 9TH FLOOR
BOSTON,MA02110
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
6,828,708
b
Average of monthly cash balances.......................
1b
468,526
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
7,297,234
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
7,297,234
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
109,459
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,187,775
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
359,389
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
359,389
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
14,431
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
14,431
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
344,958
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
344,958
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
344,958
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
4,794,707
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
4,794,707
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 7 344,958
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...... 175,102
b From 2021...... 214,923
c From 2022...... 287,611
d From 2023...... 271,337
e From 2024...... 545,844
f Total of lines 3a through e ........ 1,494,817
4Qualifying distributions for 2025 from Part
XI, line 4: $ 4,794,707
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..... 344,958
e Remaining amount distributed out of corpus 4,449,749
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 5,944,566
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) ... 		175,102
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		5,769,464
10 Analysis of line 9:
a Excess from 2021 .... 214,923
b Excess from 2022 .... 287,611
c Excess from 2023 .... 271,337
d Excess from 2024 .... 545,844
e Excess from 2025 .... 4,449,749
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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 FAITH THAT DOES JUSTICE (AFTDJ)

P O BOX 990152
BOSTON,MA02199 		NOT RELATED   EXEMPT PURPOSE 3,500

ACTION FOR BOSTON COMMUNITY DEVELOPMENT

178 TREMONT STREET
BOSTON,MA02111 		NOT RELATED   EXEMPT PURPOSE 7,500

ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION

18R SHEPARD STREET 100
BRIGHTON,MA02135 		NOT RELATED   EXEMPT PURPOSE 15,000

AS220

95 MATHEWSON ST UNIT 204
PROVIDENCE,RI02903 		NOT RELATED   EXEMPT PURPOSE 7,500

ATTLEBORO YMCA

63 NORTH MAIN ST
ATTLEBORO,MA02703 		NOT RELATED   EXEMPT PURPOSE 10,000

BIG BROTHERS BIG SISTERS OF RHODE ISLAND INC

188 VALLEY STREET SUITE 125
PROVIDENCE,RI02909 		NOT RELATED   EXEMPT PURPOSE 5,000

BOSTON COMMUNITY PEDIATRICS

527 ALBANY STREET
BOSTON,MA02118 		NOT RELATED   EXEMPT PURPOSE 10,000

BOSTON LOCAL DEVELOPMENT CORP

43 HAWKINS STREET STE 2A
BOSTON,MA02114 		NOT RELATED   EXEMPT PURPOSE 5,000

BOSTON LYRIC OPERA COMPANY

15 CHANNEL CENTER 102
BOSTON,MA02210 		NOT RELATED   EXEMPT PURPOSE 2,500

BOSTON MEDICAL CENTER CORPORATION

960 MASSACHUSETTS AVENUE
BOSTON,MA02118 		NOT RELATED   EXEMPT PURPOSE 7,500

BOYS & GIRLS CLUB OF BROCKTON INC

19 COURT STREET
TAUNTON,MA02780 		NOT RELATED   EXEMPT PURPOSE 10,000

BOYS & GIRLS CLUB OF LYNN

25 N COMMON STREET
LYNN,MA01905 		NOT RELATED   EXEMPT PURPOSE 2,500

BOYS & GIRLS CLUB OF PAWTUCKET

1 MOELLER PLACE
PAWTUCKET,RI02860 		NOT RELATED   EXEMPT PURPOSE 5,000

BOYS & GIRLS CLUBS OF WARWICK

42 FREDERICK ST
WARWICK,RI02888 		NOT RELATED   EXEMPT PURPOSE 7,500

BOYS AND GIRLS CLUBS OF PROVIDENCE

550 WICKENDEN STREET
PROVIDENCE,RI02903 		NOT RELATED   EXEMPT PURPOSE 7,500

BRYANT UNIVERSITY

1150 DOUGLAS PIKE
SMITHFIELD,RI02917 		NOT RELATED   EXEMPT PURPOSE 7,000

BUZZARDS BAY AREA HABITAT FOR HUMANITY

PO BOX 1584 8 COUNTY ROAD SUITE 2
MATTAPOISETT,MA02739 		NOT RELATED   EXEMPT PURPOSE 2,500

CAMBRIDGE ECONOMIC OPPORTUNITY COMMITTEE INC

11 INMAN STREET
CAMBRIDGE,MA02139 		NOT RELATED   EXEMPT PURPOSE 5,000

CAPITAL GOOD FUND

333 SMITH STREET
PROVIDENCE,RI02908 		NOT RELATED   EXEMPT PURPOSE 7,500

CHICA

1266 FURNACE BROOK PARKWAY SUITE
410
QUINCY,MA02169 		NOT RELATED   EXEMPT PURPOSE 2,500

CHILD & FAMILY

31 JOHN CLARKE RD
MIDDLETOWN,RI02842 		NOT RELATED   EXEMPT PURPOSE 20,000

COMMUNITIES FOR PEOPLE

623 ATWELLS AVENUE STE 201
PROVIDENCE,RI02909 		NOT RELATED   EXEMPT PURPOSE 10,000

COMMUNITY COLLEGE OF RHODE ISLAND

1762 OLD LOUISQUISSET PIKE
LINCOLN,RI02865 		NOT RELATED   EXEMPT PURPOSE 5,000

COMMUNITY SERVINGS INC

179 AMORY ST
JAMAICA PLAIN,MA02130 		NOT RELATED   EXEMPT PURPOSE 7,500

COMPASS WORKING CAPITAL

89 SOUTH ST SUITE 804
BOSTON,MA02111 		NOT RELATED   EXEMPT PURPOSE 5,000

COMPREHENSIVE COMMUNITY ACTION PROGRAM (CCAP)

ONE CAPITAL WAY
CRANSTON,RI02910 		NOT RELATED   EXEMPT PURPOSE 2,500

COMUNIDADES ENRAIZADAS COMMUNITY LAND TRUST INC

90 EVERETT AVE SUITE 10
CHELSEA,MA02150 		NOT RELATED   EXEMPT PURPOSE 5,000

CRADLES TO CRAYONS INC

281 NEWTONVILLE AVENUE
NEWTON,MA02460 		NOT RELATED   EXEMPT PURPOSE 7,500

CROSSROADS

119 MYRTLE STREET
DUXBURY,MA02332 		NOT RELATED   EXEMPT PURPOSE 5,000

CROSSROADS RHODE ISLAND

160 BROAD STREET
PROVIDENCE,RI02903 		NOT RELATED   EXEMPT PURPOSE 10,000

DORCAS INTERNATIONAL INSTITUTE OF RI INC

645 ELMWOOD AVENUE
PROVIDENCE,RI02907 		NOT RELATED   EXEMPT PURPOSE 5,000

DOVE INC

PO BOX 690267
QUINCY,MA02269 		NOT RELATED   EXEMPT PURPOSE 5,000

EAST BOSTON YMCA

316 HUNTINGTON AVENUE
BOSTON,MA02115 		NOT RELATED   EXEMPT PURPOSE 10,000

FAMILY SERVICE OF RHODE ISLAND INC

55 HOPE ST PO BOX 6688
PROVIDENCE,RI02940 		NOT RELATED   EXEMPT PURPOSE 5,000

FATHER BILL'S & MAINSPRING

430 BEMONT STREET
BROCKTON,MA02301 		NOT RELATED   EXEMPT PURPOSE 10,000

FESTIVAL BALLET PROVIDENCE

825 HOPE STREET
PROVIDENCE,RI02906 		NOT RELATED   EXEMPT PURPOSE 2,500

FRIENDS OF THE CANTON PUBLIC LIBRARY

786 WASHINGTON STREET
CANTON,MA02021 		NOT RELATED   EXEMPT PURPOSE 1,000

FUTURE CHEFS

305 BLUE HILL AVE
BOSTON,MA02121 		NOT RELATED   EXEMPT PURPOSE 2,500

GENESIS CENTER

620 POTTERS AVENUE
PROVIDENCE,RI02907 		NOT RELATED   EXEMPT PURPOSE 5,000

GIRLS ON THE RUN GREATER BOSTON

89 SOUTH STREET SUITE 402
BOSTON,MA02111 		NOT RELATED   EXEMPT PURPOSE 2,500

HABITAT FOR HUMANITY INTERNATIONAL INC

PO BOX 100
ATTLEBORO,MA02703 		NOT RELATED   EXEMPT PURPOSE 5,000

HEADING HOME INC

186 MASSACHUSETTS AVE
BOSTON,MA02115 		NOT RELATED   EXEMPT PURPOSE 5,000

HEALTH IMPERATIVES INC

942 WEST CHESTNUT STREET
BROCKTON,MA02301 		NOT RELATED   EXEMPT PURPOSE 12,500

HEBRON FOOD PANTRY INC

11 SANFORD STREET
ATTLEBORO,MA02703 		NOT RELATED   EXEMPT PURPOSE 7,500

HILDEBRAND FAMILY SELF HELP CENTER INC

614 MASSACHUSETTS AVENUE THIRD
FLOOR
CAMBRIDGE,MA02139 		NOT RELATED   EXEMPT PURPOSE 5,000

HOPE ALZHEIMERS CENTER

25 BRAYTON AVENUE
CRANSTON,RI02920 		NOT RELATED   EXEMPT PURPOSE 2,500

HOPE AND COMFORT INC

33 4TH AVENUE
NEEDHAM,MA02494 		NOT RELATED   EXEMPT PURPOSE 10,000

HOPE IN JESUS MINISTRIES

44 STAMFORD AVE
PROVIDENCE,RI02907 		NOT RELATED   EXEMPT PURPOSE 7,500

HORIZONS FOR HOMELESS CHILDREN INC

1785 COLUMBUS AVENUE
ROXBURY,MA02119 		NOT RELATED   EXEMPT PURPOSE 5,000

HOUSE OF POSSIBILITIES (HOPE)

350 WASHINGTON STREET
EASTON,MA02356 		NOT RELATED   EXEMPT PURPOSE 5,000

JULIE'S FAMILY LEARNING PROGRAM

133 DORCHESTER STREET
BOSTON,MA02127 		NOT RELATED   EXEMPT PURPOSE 5,000

JUNIOR ACHIEVEMENT OF RHODE ISLAND

2480 POST ROAD SUITE 309
WARWICK,RI02886 		NOT RELATED   EXEMPT PURPOSE 2,500

JUNIOR ACHIEVEMENT OF SOUTHERN MASSACHUSETTS

128 UNION STREET SUITE 304
NEW BEDFORD,MA02740 		NOT RELATED   EXEMPT PURPOSE 7,500

JUST A START

430 RINDGE AVE SUITE 301
CAMBRIDGE,MA02140 		NOT RELATED   EXEMPT PURPOSE 10,000

LA COLABORATIVA INC

63 6TH ST
CHELSEA,MA02150 		NOT RELATED   EXEMPT PURPOSE 5,000

LEARN TO LEAD FOUNDATION OF LOWELL INC

206 JACKSON STREET
LOWELL,MA01852 		NOT RELATED   EXEMPT PURPOSE 5,000

LEARNING COMMUNITY CHARTER SCHOOL INC

21 LINCOLN AVE
CENTRAL FALLS,RI02863 		NOT RELATED   EXEMPT PURPOSE 5,000

LOVIN' SPOONFULS INC

189 WELLS AVE SUITE 100
NEWTON,MA02459 		NOT RELATED   EXEMPT PURPOSE 5,000

MASSACHUSETTS AFFORDABLE HOMEOWNERSHIP ALLIANCE

1803 DORCHESTER AVE
DORCHESTER,MA02124 		NOT RELATED   EXEMPT PURPOSE 10,000

MATTAPANGREATER BOSTON TECHNOLOGY LEARNING CENTER INC

24 REGIS RD
BOSTON,MA02126 		NOT RELATED   EXEMPT PURPOSE 5,000

MEALS ON WHEELS OF RI INC

70 BATH ST
PROVIDENCE,RI02908 		NOT RELATED   EXEMPT PURPOSE 7,500

MEETING STREET

1000 EDDY ST
PROVIDENCE,RI02905 		NOT RELATED   EXEMPT PURPOSE 7,500

MENTOR RHODE ISLAND THE RI MENTORING PARTNERSHIP INC

875 CENTERVILLE ROAD BUILDING 3
UNIT 9
WARWICK,RI02886 		NOT RELATED   EXEMPT PURPOSE 10,000

METRO HOUSINGBOSTON

1411 TREMONT STREET
BOSTON,MA02120 		NOT RELATED   EXEMPT PURPOSE 7,500

MOUNT HOPE LEARNING CENTER

140 CYPRESS STREET
PROVIDENCE,RI02906 		NOT RELATED   EXEMPT PURPOSE 3,500

MY BROTHERS KEEPER INC

PO BOX 338
NORTH EASTON,MA02356 		NOT RELATED   EXEMPT PURPOSE 7,500

NEIGHBORHOOD OF AFFORDABLE HOUSING INC

143 BORDER ST
EAST BOSTON,MA02128 		NOT RELATED   EXEMPT PURPOSE 10,000

NEIGHBORWORKS BLACKSTONE RIVER VALLEY

719 FRONT STREET SUITE 103
WOONSOCKET,RI02895 		NOT RELATED   EXEMPT PURPOSE 10,000

NEIGHBORWORKS SOUTHERN MASS

422 WASHINGTON ST
QUINCY,MA02169 		NOT RELATED   EXEMPT PURPOSE 5,000

NEIGHBORWORKS SOUTHERN NEW HAMPSHIRE

PO BOX 3968
MANCHESTER,NH03105 		NOT RELATED   EXEMPT PURPOSE 6,000

OLD COLONY Y

320 MAIN STREET
BROCKTON,MA02301 		NOT RELATED   EXEMPT PURPOSE 13,000

OLNEYVILLE HOUSING CORP

66 CHAFFEE STREET
PROVIDENCE,RI02909 		NOT RELATED   EXEMPT PURPOSE 20,000

ONEGOAL MASSACHUSETTS

207 DUDLEY STREET SUITE 200
BOSTON,MA02119 		NOT RELATED   EXEMPT PURPOSE 10,000

PAWTUCKET CENTRAL FALLS DEVELOPMENT

204 BROAD STREET
PAWTUCKET,RI02860 		NOT RELATED   EXEMPT PURPOSE 10,000

PLANNING OFFICE FOR URBAN AFFAIRS INC

84 STATE STREET SUITE 600
BOSTON,MA02109 		NOT RELATED   EXEMPT PURPOSE 5,000

PLAYWORKS NEW ENGLAND

1452 DORCHESTER AVE 4TH FL
DORCHESTER,MA02122 		NOT RELATED   EXEMPT PURPOSE 5,000

PROJECT CITIZENSHIP INC

11 BEACON ST SUITE 1210
BOSTON,MA02108 		NOT RELATED   EXEMPT PURPOSE 7,500

PROJECT SWEET PEAS

45 BOYLSTON STREET
WARWICK,RI02889 		NOT RELATED   EXEMPT PURPOSE 6,000

PROJECT WEBERRENEW

45 WILLARD AVE
PROVIDENCE,RI02905 		NOT RELATED   EXEMPT PURPOSE 7,500

PROVIDENCE AFTER SCHOOL ALLIANCE INC

188 VALLEY ST STE 204
PROVIDENCE,RI02909 		NOT RELATED   EXEMPT PURPOSE 5,000

PROVIDENCE PERFORMING ARTS CENTER

220 WEYBOSSET STREET
PROVIDENCE,RI02903 		NOT RELATED   EXEMPT PURPOSE 35,000

PROVIDENCE PROMISE

2 REGENCY PLAZA STE 12
PROVIDENCE,RI02903 		NOT RELATED   EXEMPT PURPOSE 7,500

QUINCY COLLEGE

1250 HANCOCK STREET
QUINCY,MA02169 		NOT RELATED   EXEMPT PURPOSE 6,000

QUINCY COMMUNITY ACTION PROGRAMS INC

1509 HANCOCK ST
QUINCY,MA02169 		NOT RELATED   EXEMPT PURPOSE 5,000

RHODE ISLAND COMMUNITY FOOD BANK ASSOCIATION

200 NIANTIC AVENUE
PROVIDENCE,RI02907 		NOT RELATED   EXEMPT PURPOSE 15,000

ROGER WILLIAMS PARK ZOO

1000 ELMWOOD AVENUE
PROVIDENCE,RI02907 		NOT RELATED   EXEMPT PURPOSE 96,000

SAINT FRANCIS HOUSE INC

PO BOX 120499 ESSEX STATION
BOSTON,MA02112 		NOT RELATED   EXEMPT PURPOSE 7,500

SCHOOL ON WHEELS OF MASSACHUSETTS

100 LAUREL ST SUITE 121
EAST BRIDGEWATER,MA02333 		NOT RELATED   EXEMPT PURPOSE 6,500

SOCIETY OF ST VINCENT DE PAUL DISTRICT COUNCIL OF ATTLEBORO

16 WALTER ST
NORTON,MA02766 		NOT RELATED   EXEMPT PURPOSE 7,500

SOCIETY OF ST VINCENT DE PAUL ST JOSEPH NEWPORT

5 MANN AVE
NEWPORT,RI02840 		NOT RELATED   EXEMPT PURPOSE 1,000

SOJOURNER HOUSE INC

386 SMITH STREET
PROVIDENCE,RI02908 		NOT RELATED   EXEMPT PURPOSE 2,500

SOUTH BOSTON NEIGHBORHOOD HOUSE INC

136 H STREET
SOUTH BOSTON,MA02127 		NOT RELATED   EXEMPT PURPOSE 7,500

SOUTHCOAST FAIR HOUSING INC

257 UNION STREET
NEW BEDFORD,MA02740 		NOT RELATED   EXEMPT PURPOSE 5,000

SOUTHCOAST FAIR HOUSING INC

257 UNION STREET
NEW BEDFORD,MA02740 		NOT RELATED   EXEMPT PURPOSE 5,000

ST MARY'S CENTER FOR WOMEN AND CHILDREN

90 CUSHING AVE
BOSTON,MA02125 		NOT RELATED   EXEMPT PURPOSE 7,500

THE HOCKOMOCK AREA YMCA

300 ELMWOOD STREET
NORTH ATTLEBORO,MA02760 		NOT RELATED   EXEMPT PURPOSE 7,500

THE LITERACY CENTER INC

80 NORTH MAIN ST
ATTLEBORO,MA02703 		NOT RELATED   EXEMPT PURPOSE 7,500

TRINITY CATHOLIC ACADEMY INC

37 ERIE AVENUE
BROCKTON,MA02302 		NOT RELATED   EXEMPT PURPOSE 7,500

UASPIRE

6 LIBERTY SQUARE PMB 98549
BOSTON,MA02109 		NOT RELATED   EXEMPT PURPOSE 5,000

UNITED WAY OF GREATER PLYMOUTH COUNTY INC

934 WEST CHESTNUT STREET
BROCKTON,MA02301 		NOT RELATED   EXEMPT PURPOSE 25,000

UNIVERSITY OF RHODE ISLAND FOUNDATION & ALUMNI ENGAGEMENT

79 UPPER COLLEGE ROAD
KINGSTON,RI02881 		NOT RELATED   EXEMPT PURPOSE 10,000

URBAN EDGE

1542 COLUMBUS AVENUE
ROXBURY,MA02119 		NOT RELATED   EXEMPT PURPOSE 5,000

VETERANS TRANSITION HOUSE (VTH)

1297 PURCHASE STREET
NEW BEDFORD,MA02740 		NOT RELATED   EXEMPT PURPOSE 7,500

WATCH CDC

24 CRESCENT STREET 201
WALTHAM,MA02453 		NOT RELATED   EXEMPT PURPOSE 7,500

WEBSTER HOUSE

135 WEBSTER STREET
MANCHESTER,NH03104 		NOT RELATED   EXEMPT PURPOSE 5,000

WEST END HOUSE

105 ALLSTON ST
BOSTON,MA02134 		NOT RELATED   EXEMPT PURPOSE 7,500

WEST SIDE MONTESSORI

73 STANWOOD STREET
PROVIDENCE,RI02907 		NOT RELATED   EXEMPT PURPOSE 2,500

WOMEN'S LUNCH PLACE

PO BOX 170900
BOSTON,MA02117 		NOT RELATED   EXEMPT PURPOSE 2,500

Y2Y NETWORK

955 MASS AVE PO BOX 424
CAMBRIDGE,MA02139 		NOT RELATED   EXEMPT PURPOSE 2,500

YEAR UP RHODE ISLAND

45 MILK STREET 9TH FLOOR
BOSTON,MA02109 		NOT RELATED   EXEMPT PURPOSE 5,000

DIGGER FOODS INC

63 PLEASANT ST
SHARON,MA02067 		NOT RELATED   EXEMPT PURPOSE -4,500

GOOD NEIGHBORS INC

55 TURNER AVE
RIVERSIDE,RI02915 		NOT RELATED   EXEMPT PURPOSE -2,500

RHODEWAY FINANCIAL

255 DYER STREET
PROVIDENCE,RI02903 		NOT RELATED   EXEMPT PURPOSE -500

EASTERN BANK FOUNDATION

601 EDGEWATER DRIVE SUITE 150
WAKEFIELD,MA01880 		NOT RELATED   TRANSFER OF ALL NET ASSETS ON TERMINATION PURSUANT 3,625,921
Total ................................. 3a 4,485,421
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14    
4 Dividends and interest from securities ....     14 215,287  
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 ............ 		    18 725,785  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCITC REFUND 		        218,750
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 941,072 218,750
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,159,822
(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 CITC 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

TY 2025 AccountingFeesSchedule
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CBIZ 21,934 0   21,934

TY 2025 DissolutionStmt
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Dissolution Name Dissolution Address Explanation Dissolution Amount
EASTERN BANK FOUNDATION 601 EDGEWATER DRIVE SUITE 150
WAKEFIELD,MA01880 		ON NOVEMBER 1, 2025, HARBORONE BANCORP, INC. MERGED INTO EASTERN BANK CORPORATION. FOLLOWING THE MERGER, MANAGEMENT DETERMINED THAT IT WOULD BE IN THE BEST INTEREST OF THE HARBORONE FOUNDATION AND THE COMMUNITIES IT SERVES TO CONSOLIDATE THE GRANTMAKING ACTIVITIES OF THE HARBORONE FOUNDATION WITH THOSE OF THE EASTERN BANK FOUNDATION. AS PART OF THIS PLAN, THE CORPORATION APPROVED THE TRANSFER OF ALL ASSETS OF THE HARBORONE FOUNDATION TO THE EASTERN BANK FOUNDATION AND THE SUBSEQUENT DISSOLUTION OF THE HARBORONE FOUNDATION.THE ASSET TRANSFERS ARE EXPECTED TO OCCUR OVER A TWO-YEAR PERIOD. AS OF DECEMBER 30, 2025, THE HARBORONE FOUNDATION TRANSFERRED CASH TOTALING $3,625,921 TO THE EASTERN BANK FOUNDATION. THE REMAINING ASSETS ARE EXPECTED TO BE TRANSFERRED DURING 2026, AFTER WHICH THE HARBORONE FOUNDATION WILL PROCEED WITH FORMAL DISSOLUTION. 3,625,921


TY 2025 InvestmentsCorpStockSchedule
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Name of Stock End of Year Book Value End of Year Fair Market Value
FIDELITY # 4269 EASTERN BANKSHARES STOCK 4,131,822 4,131,822

TY 2025 InvestmentsOtherSchedule2
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FIDELITY # 4069 ETPS FMV 365 365

TY 2025 LiquidationExplanationStmt
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Statement:
ON NOVEMBER 1, 2025, HARBORONE BANCORP, INC. MERGED INTO EASTERN BANK CORPORATION. FOLLOWING THE MERGER, MANAGEMENT DETERMINED THAT IT WOULD BE IN THE BEST INTEREST OF THE HARBORONE FOUNDATION AND THE COMMUNITIES IT SERVES TO CONSOLIDATE THE GRANTMAKING ACTIVITIES OF THE HARBORONE FOUNDATION WITH THOSE OF THE EASTERN BANK FOUNDATION. AS PART OF THIS PLAN, THE CORPORATION APPROVED THE TRANSFER OF ALL ASSETS OF THE HARBORONE FOUNDATION TO THE EASTERN BANK FOUNDATION AND THE SUBSEQUENT DISSOLUTION OF THE HARBORONE FOUNDATION. THE ASSET TRANSFERS ARE EXPECTED TO OCCUR OVER A TWO-YEAR PERIOD. AS OF DECEMBER 30, 2025, THE HARBORONE FOUNDATION TRANSFERRED CASH TOTALING $3,625,921 TO THE EASTERN BANK FOUNDATION. THE REMAINING ASSETS ARE EXPECTED TO BE TRANSFERRED DURING 2026, AFTER WHICH THE HARBORONE FOUNDATION WILL PROCEED WITH FORMAL DISSOLUTION.


TY 2025 LegalFeesSchedule
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 10,714 0   10,714


TY 2025 OtherAssetsSchedule
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID EXCISE TAXES 5,585 0 0


TY 2025 OtherExpensesSchedule
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES & MEMBERSHIP FEES 3,737 0   3,737
MEALS & ENTERTAINMENT 153 0   153
STETE FILING FEES 385 0   385
MISCELLANEOUS 365 0   365


TY 2025 OtherIncomeSchedule2
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CITC REFUND 218,750   218,750


TY 2025 OtherIncreasesSchedule
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Description Amount
UNREALIZED GAIN/LOSS 280,950


TY 2025 OtherProfessionalFeesSchedule
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 24,565 28,511   0


TY 2025 TaxesSchedule
Name:
THE HARBORONE FOUNDATION
EIN:
81-2658653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 0 566   0
FEDERAL EXCISE TAX 14,431 0   0