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
Frank Gerrity Charitable Trust
 
% James F Gerrity III
Number and street (or P.O. box number if mail is not delivered to street address) 29 Snell Street
  Room/suite
City or town
Holbrook
State or province
MA
Country  
ZIP or foreign postal code
02343
A Employer identification number

04-6195965
B Telephone number (see instructions)

7815356070
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)$8,104,740J 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 322 322  
4 Dividends and interest from securities... 139,792 139,792  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 656,164
b Gross sales price for all assets on line 6a 1,667,654
7 Capital gain net income (from Part IV, line 2)... 656,164
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).......      
12 Total. Add lines 1 through 11........ 796,278 796,278  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,000 15,000    
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
43,343 43,343    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,255      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
142 142    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 68,740 58,485   0
25 Contributions, gifts, grants paid....... 366,500 366,500
26 Total expenses and disbursements. Add lines 24 and 25 ................ 435,240 58,485   366,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 361,038
b Net investment income (if negative, enter -0-) 737,793
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......... 234,516 381,159 381,159
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,626,808 Click to see attachment
List of Attached Documents:
// Content
3,842,017 		7,723,581
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)..........      
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) 3,861,324 4,223,176 8,104,740
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 ) Click to see attachment
List of Attached Documents:
// Content
2,711 		3,525
23 Total liabilities (add lines 17 through 22)......... 2,711 3,525
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........ 1,579,756 1,579,756
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 2,278,857 2,639,895
29 Total net assets or fund balances (see instructions)..... 3,858,613 4,219,651
30 Total liabilities and net assets/fund balances (see instructions). 3,861,324 4,223,176
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
3,858,613
2
Enter amount from Part I, line 27a .....................
2
361,038
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,219,651
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
4,219,651
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 Abbott Labs 85 P 2019-10-31 2025-09-09
b Abbott Labs 43 P 2020-01-16 2025-09-09
c Abbott Labs 47 P 2020-01-16 2025-12-03
d Abbott Labs 126 P 2020-03-12 2025-12-03
e Abbott Labs 112 P 1986-10-23 2025-09-09
Abbott Labs 150 P 1986-10-23 2025-12-03
Accenture PLC Ireland 5 P 2019-06-25 2025-03-05
Accenture PLC Ireland 5 P 2020-05-21 2025-03-05
Adobe Systems Incorporated 63 P 2019-06-27 2025-08-04
Adobe Systems Incorporated 11 P 2022-04-07 2025-08-04
Adobe Systems Incorporated 55 P 2020-05-21 2025-08-04
Adobe Systems Incorporated 10 P 2022-04-05 2025-08-04
AirBNB Incorporated 9 P 2021-08-13 2025-03-05
AirBNB 155 P 2021-08-13 2025-08-05
AirBNB 131 P 2021-08-11 2025-08-05
Alphabet Incorported CL C 188 P 2019-06-27 2025-02-26
Alphabet Incorporated CL C 112 P 2019-06-27 2025-08-04
Alphabet Incorporated CL C 163 P 2020-05-21 2025-02-26
Alphabet Incorporated CL C 97 P 2020-05-21 2025-08-04
AmazonCom Incorporated 19 P 2021-09-27 2025-03-05
AmazonCom Incorporated 24 P 2021-09-27 2025-04-16
AmazonCom Incorporated 149 P 2021-11-09 2025-04-16
AmazonCom Incorporated 31 P 2021-11-09 2025-08-04
AmazonCom Incorporated 50 P 2022-05-09 2025-08-04
AmazonCom Incorporated 18 P 2022-05-09 2025-11-06
AmazonCom Incorporated 17 P 2021-09-29 2025-03-05
AmazonCom Incorporated 22 P 2021-09-29 2025-04-16
AmazonCom Incorporated 127 P 2021-11-08 2025-04-16
AmazonCom Incorporated 33 P 2021-11-08 2025-08-04
AmazonCom Incorporated 38 P 2022-05-17 2025-08-04
Apple Incorporated 177 P 2024-07-08 2025-03-12
Apple Incorporated 157 P 2024-07-08 2025-04-07
Apple Incorporated 153 P 2024-07-08 2025-03-12
Apple Incorporated 136 P 2024-07-08 2025-04-07
Bank of Amrica Corp 55 P 2001-01-03 2025-10-30
Bank of America Corp 2445 P 2018-12-27 2025-10-30
Broadcom Incorporated 10 P 2025-08-05 2025-11-06
Gartner Incorporated 52 P 2019-06-27 2025-07-17
Gartner Incorporated 45 P 2020-05-21 2025-07-17
Lilly ELI & Company 2 P 2023-09-12 2025-03-05
Lilly Eli & Company 4 P 2023-09-12 2025-11-06
Lilly Eli & Company 2 P 2023-09-12 2025-03-05
Mastercard Incorporated 7 P 2019-06-27 2025-11-09
Mastercard Incorporated 2 P 2020-05-21 2025-03-05
Microsoft Corporation 5 P 2019-06-27 2025-03-05
Microsoft Corporation 5 P 2020-05-21 2025-03-05
MSCI Incorporated 4 P 2024-05-17 2025-11-06
Netflix Incorporated 3 P 2022-02-10 2025-01-13
Netflix Incorporated 39 P 2022-08-12 2025-01-13
Netflix Incorporated 20 P 2022-08-12 2025-07-30
Netflix Incorporated 310 P 2022-08-12 2025-12-08
Netflix Incorporated 5 P 2022-02-09 2025-01-13
Netflix Incorporated 32 P 2022-08-10 2025-01-13
Netflix Incorporated 17 P 2022-08-10 2025-07-30
Netflix Incorporated 270 P 2022-08-10 2025-12-08
Novo-Nordisk ADR 154 P 2023-09-18 2025-01-14
Novo-Nordisk ADR 138 P 2023-09-26 2025-01-14
Novo-Nordisk ADR 132 P 2023-09-18 2025-01-14
Novo-Nordisk ADR 121 P 2023-09-26 2025-01-14
Oracle Corporation 137 P 2024-09-06 2025-09-22
Oracle Corporation 119 P 2024-09-06 2025-09-22
Rigetti Computing Inc 2000 P 2023-07-28 2025-10-09
Rigetti Computing Inc 3000 P 2023-07-28 2025-10-15
Servicenow Incorporated 32 P 2020-01-22 2025-01-13
Servicenow Incorporated 28 P 2020-05-21 2025-01-13
Shopify Inc 16 P 2024-06-13 2025-03-05
Shopify Inc 140 P 2024-06-13 2025-09-09
Shopify Inc 88 P 2024-06-13 2025-11-06
Shopify Inc 14 P 2024-06-13 2025-03-05
Shopify Inc 122 P 2024-06-13 2025-09-09
Shopify Inc 76 P 2024-06-13 2025-11-06
Thermo Fisher Scientific Inc 66 P 2022-11-25 2025-07-14
Thermo Fisher Scientific Inc 9 P 2022-11-25 2025-09-22
Thermo Fisher Scientific Inc 55 P 2024-03-01 2025-09-22
Thermo Fisher Scientific Inc 58 P 2022-11-25 2025-07-14
Thermo Fisher Scientific Inc 7 P 2022-11-25 2025-09-22
Thermo Fisher Scientific Inc 48 P 2024-03-01 2025-09-22
UnitedHealth Group Inc 60 P 2020-08-12 2025-06-13
InitedHealth Group Inc 52 P 2020-08-10 2025-06-13
Visa Incorporated 61 P 2019-06-27 2025-08-04
Visa Incorporated 52 P 2020-05-21 2025-08-04
Workday Incorporated 77 P 2023-06-29 2025-08-05
Workday Incorporated 33 P 2023-06-29 2025-11-06
Workday Incorporated 63 P 2024-07-10 2025-11-06
Workday Incorporated 89 P 2023-06-29 2025-08-05
Workday Incorporated 38 P 2023-06-29 2025-11-06
Workday Incorporated 73 P 2024-07-10 2025-11-06
Zoetis Incorporated 22 P 2019-06-27 2025-11-06
Elme Communities REIT 3500 P 2021-01-26 2025-12-31
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 11,218   7,157 4,061
b 5,675   3,785 1,890
c 5,908   4,137 1,771
d 15,840   9,248 6,592
e 14,781   279 14,502
18,857   374 18,483
1,721   925 796
1,721   969 752
21,413   18,357 3,056
3,739   4,923 -1,184
18,694   21,097 -2,403
3,399   4,599 -1,200
1,256   1,369 -113
20,154   23,582 -3,428
17,034   19,437 -2,403
32,949   10,171 22,778
21,887   6,059 15,828
28,568   11,471 17,097
18,956   6,826 12,130
3,880   3,228 652
4,157   4,078 79
25,809   26,355 -546
6,580   5,483 1,097
10,612   5,559 5,053
4,401   2,001 2,400
3,471   2,824 647
3,811   3,654 157
21,999   22,250 -251
7,004   5,782 1,222
8,065   4,241 3,824
38,140   40,196 -2,056
28,113   35,654 -7,541
32,969   34,746 -1,777
24,353   30,885 -6,532
2,896   1,829 1,067
128,724   59,294 69,430
3,580   2,951 629
18,699   8,218 10,481
16,182   5,302 10,880
1,829   1,198 631
3,716   2,396 1,320
1,829   1,198 631
3,854   1,829 2,025
1,103   592 511
1,955   671 1,284
1,955   927 1,028
2,290   2,012 278
2,512   1,217 1,295
32,660   9,584 23,076
23,469   4,915 18,554
29,948   7,618 22,330
4,187   2,041 2,146
26,798   7,777 19,021
19,949   4,132 15,817
26,083   6,562 19,521
12,442   14,370 -1,928
11,149   12,772 -1,623
10,664   12,317 -1,653
9,776   11,198 -1,422
44,706   19,220 25,486
38,832   16,695 22,137
89,363   4,472 84,891
160,493   6,708 153,785
32,218   10,073 22,145
28,190   10,892 17,298
1,634   1,036 598
20,077   9,069 11,008
13,822   5,701 8,121
1,430   907 523
17,495   7,903 9,592
11,938   4,923 7,015
28,140   36,291 -8,151
4,275   4,949 -674
26,126   31,640 -5,514
24,729   31,892 -7,163
3,325   3,849 -524
22,801   27,613 -4,812
18,758   19,344 -586
16,257   16,514 -257
20,854   10,418 10,436
17,777   9,968 7,809
17,346   17,406 -60
7,407   7,460 -53
14,140   14,048 92
20,050   20,119 -69
8,529   8,590 -61
16,385   16,278 107
2,666   2,481 185
51,345   70,410 -19,065
1,163     1,163
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       4,061
b       1,890
c       1,771
d       6,592
e       14,502
      18,483
      796
      752
      3,056
      -1,184
      -2,403
      -1,200
      -113
      -3,428
      -2,403
      22,778
      15,828
      17,097
      12,130
      652
      79
      -546
      1,097
      5,053
      2,400
      647
      157
      -251
      1,222
      3,824
      -2,056
      -7,541
      -1,777
      -6,532
      1,067
      69,430
      629
      10,481
      10,880
      631
      1,320
      631
      2,025
      511
      1,284
      1,028
      278
      1,295
      23,076
      18,554
      22,330
      2,146
      19,021
      15,817
      19,521
      -1,928
      -1,623
      -1,653
      -1,422
      25,486
      22,137
      84,891
      153,785
      22,145
      17,298
      598
      11,008
      8,121
      523
      9,592
      7,015
      -8,151
      -674
      -5,514
      -7,163
      -524
      -4,812
      -586
      -257
      10,436
      7,809
      -60
      -53
      92
      -69
      -61
      107
      185
      -19,065
      1,163
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 2 656,164
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 -16,156
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 10,255
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 10,255
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 10,255
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 6,800
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 3,455
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. $   (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)
MA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressNA
14
The books are in care ofJAMES F GERRITY III Telephone no. (781) 535-6070

Located at29 Snell StreetHolbrookMA ZIP+402343
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
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
 
No
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
James F Gerrity III Trustee
0.10 		0 0 0
29 Snell Street
Holbrook,MA02343
Peter F Gerrity Trustee
0.10 		0 0 0
29 Snell Street
Holbrook,MA02343
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 arrow  
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 NA 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
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
7,759,443
b
Average of monthly cash balances.......................
1b
311,043
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
8,070,486
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
8,070,486
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
121,057
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,949,429
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
397,471
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
397,471
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
10,255
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
10,255
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
387,216
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
387,216
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
387,216
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
366,500
b
Program-related investments—total from Part VIII-B..................
1b
 
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
366,500
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 7 387,216
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 326,553
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 366,500
a Applied to 2024, but not more than line 2a 326,553
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 39,947
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		347,269
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) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
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).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here 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:
TRUSTEES FRANK GERRITY TRUST
29 Snell Street
Holbrook,MA02343
(781) 535-6070
russ.wilde@morganwilde.com
bThe form in which applications should be submitted and information and materials they should include:
No Standard
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
None
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
Agamenticus Yacht Club


PO Box 534
York Harbor,ME03911 		None   General Grant 500
Angell Memorial Hospital


25 South Huntington Avenue
Jamaica Plain,MA02130 		None   General Grant 1,000
Beth Israel Deaconess Medical Cntr


330 Brookline Avenue
Boston,MA02215 		None   General Grant 2,000
Boca Grande Community Center


PO Box 1222
Boca Grande,FL33921 		None   General Grant 500
Boca Grande Health Clinic Fdn


PO Box 2340
Boca Grande,FL33921 		None   General Grant 500
Boys Girls Club of Hilton Head


PO Box 22267
Hilton Head Island,SC29925 		None   General Grant 1,000
Brazelton Touchpoints Foundation


1295 Boylston Street STE 500
Boston,MA02215 		None   General Grant 500
Brigham Womens Hospital


263 Huntington Avenue 318
Boston,MA02116 		None   General Grant 2,500
Buddy Dog Humane Society Inc


151 Boston Post Road
Sudbury,MA01776 		None   General Grant 500
Catholic University Schl Social Wrk


620 Michigan Avenue NE
Washington,DC20064 		None   General Grant 500
Conservatory Lab Charter School


131 Mount Pleasant Avenue
Boston,MA021102111 		None   General Grant 1,000
Church of the Redeemer


379 Hammond Street
Chestnut Hill,MA02467 		None   General Grant 30,000
Colorado Outdoor Education Center


PO Box 167
Florissant,CO80816 		None   General Grant 1,000
Cummings Veterinary Fund at Tufts


200 Westboro Road
North Grafton,MA01536 		None   General Grant 500
Dana Farber Cancer Institute


77 Fourth Avenue
Needham Heights,MA02494 		None   General Grant 2,500
Dexter Southfield School


20 Newton Street
Brookline,MA02445 		None   General Grant 1,000
Epiphany Middle School


154 Centre Street
Dorchester Center,MA02124 		None   General Grant 75,500
GICIA - Boca Grande


PO Box 446
Boca Grande,FL33921 		None   General Grant 500
Good Shepard Community Care


160 Wells Avenue
Newton Center,MA02459 		None   General Grant 1,000
Grace Community Church


450 Spanish Wells Road
Hilton Head Island,SC29926 		None   General Grant 18,000
Haiti Rural Education Fund


50 Orton Marotta Way
South Boston,MA02127 		None   General Grant 1,500
Handel Hayden Society


9 Harcourt Street
Boston,MA02116 		None   General Grant 11,500
Harvard Business School


PO Box 412275
Boston,MA02241 		None   General Grant 750
Harvard College


PO Box 55997
Boston,MA02205 		None   General Grant 500
Hazelden Betty Ford Foundation


PO Box 11
Center City,MN55012 		None   General Grant 500
Hilton Head Deep Well Project


PO Box 5543
Hilton Head Island,SC29938 		None   General Grant 1,500
Hilton Head Humane Society


PO Box 21790
Hilton Head Island,SC29925 		None   General Grant 250
Hilton Head Preparatory School


8 Fox Grape Road
Hilton Head Island,SC29928 		None   General Grant 500
Marasol Health


PO Box 3827
Bluffton,SC29910 		None   General Grant 1,000
Informed Consent Action Network


PO Box 131568
Houston,TX77219 		None   General Grant 5,250
Jackson Laboratory


PO Box 411423
Boston,MA02241 		None   General Grant 35,000
Johann Fust Library Foundation


PO Box 309
Boca Grande,FL33921 		None   General Grant 1,000
Kittery Land Trust


PO Box 467
Kittery,ME03904 		None   General Grant 500
Lands Sake


27 Crescent Road
Weston,MA02493 		None   General Grant 500
Love Justice International


PO Box 67195
Lincoln,NE68506 		None   General Grant 15,000
Low Country Legal Aid


PO Box 2496
Bluffton,SC29910 		None   General Grant 500
Maine Medical Center


22 Bramhall Street
Portland,ME04102 		None   General Grant 5,000
Medical University of SC Fdn


18 Bee Street MSC 450
Charleston,SC294229936 		None   General Grant 1,000
Milton Academy


170 Centre Street
Milton,MA02186 		None   General Grant 6,000
Monmouth Memorial Sch Robotics Club


130 Academy Road
Monmouth,ME04259 		None   General Grant 2,000
Mount Vernon Ladies Association


PO Box 1594
Springfield,VA22161 		None   General Grant 2,500
Noble Greenough School


10 Campus Drive
Dedham,MA02026 		None   General Grant 1,500
Old York Historical Society


PO Box 311
York,ME03909 		None   General Grant 500
North Yarmouth Academy


148 Main Street
Yarmouth,ME04096 		None   General Grant 2,000
One Eluethera


PO Box 1302
Clemson,SC29633 		None   General Grant 1,000
Pine Cobble School


163 Gale Road
Williamstown,MA01267 		None   General Grant 500
Planned Parenthood


1055 Commonwealth Avenue
Boston,MA02215 		None   General Grant 21,000
Project Healing Waters Flyfishing


PO Box 695
La Plata,MD20646 		None   General Grant 2,000
Roux Institute


100 Fore Street
Portland,ME04101 		None   General Grant 5,000
Rural Community Action Ministry


PO Box 205
Leeds,ME04263 		None   General Grant 2,500
Samaritans Purse


PO Box 3000
Boone,NC28607 		None   General Grant 2,500
Spaulding Rehabilitation Network


1575 Cambridge Street
Cambridge,MA02138 		None   General Grant 2,000
St Timothys School


8400 Greenspring Avenue
Stevenson,MD21153 		None   General Grant 500
Steps to Success


PO Box 470421
Brookline Village,MA02447 		None   General Grant 1,000
Sudbury Valley Trustees


18 Wolbach Road
Sudbury,MA01776 		None   General Grant 500
Sustainable Medical Missions


PO Box 498493
Cincinnati,OH45249 		None   General Grant 12,000
Thistle Farms


5122 Charlotte Pike
Nashville,TN37209 		None   General Grant 2,000
Trinity Church of ME


PO Box 323
York Harbor,ME03911 		None   General Grant 1,000
University of Maine Foundation


Two Alumni Place
Orono,ME04469 		None   General Grant 10,000
University of South Carolina


1600 Hampton Street
Columbia,SC29208 		None   General Grant 500
Vanderbilt University


PMB 407727 2301 Vanderbilt Place
Nashville,TN37240 		None   General Grant 5,000
Vassar College


PO Box 14
Poughkeepsie,NY12604 		None   General Grant 3,500
Wake Forest University


PO Box 7227
Winston Salem,NC27109 		None   General Grant 500
WBUR 909 FM


PO Box 9235
Chelsea,MA02150 		None   General Grant 1,000
Wellesley College


106 Central Street RM 268
Wellesley Hills,MA02481 		None   General Grant 1,000
Weston Forest Trail Association


PO Box 665
Weston,MA02493 		None   General Grant 2,000
WGBH Educational Foundation


PO Box 55875
Boston,MA02205 		None   General Grant 1,000
Winsor School


103 Pilgrim Road
Boston,MA02215 		None   General Grant 3,000
Wooster School


91 Miry Brook Road
Danbury,CT06810 		None   General Grant 500
Yale Alumni Fund


PO Box 803
New Haven,CT06503 		None   General Grant 500
Yale School of Organization Mgt


PO Box 2038
New Haven,CT06521 		None   General Grant 30,000
York County Family Fund


PO Box 863
York Harbor,ME03911 		None   General Grant 500
York Harbor Hospital


1 Loving Kindness Way
York,ME03909 		None   General Grant 1,500
York Harbor Reading Room


PO Box 66
York Harbor,ME03911 		None   General Grant 1,000
York Land Trust


1 Long Neck Marsh Road
York,ME03909 		None   General Grant 4,500
York Volunteer Fire Department


1 Firehouse Drive
York,ME03909 		None   General Grant 1,000
Travis Mills Foundation


647 Castle Island Road
Mount Vernon,ME04352 		None   General Grant 500
Charles River Watershed Association


41 West Street FL8
Boston,MA021111255 		None   General Grant 500
New England Baptist Hospital


125 Oarker Hill Avenue
Roxbury Crossing,MA02120 		None   General Grant 5,000
Quebec Labrador Foundation


4 South Main Street
Ipswich,MA01938 		None   General Grant 250
Trinity Church MA


206 Clarendon Street
Boston,MA02116 		None   General Grant 500
York Hospital


15 Hospital Drive
York,ME03909 		None   General Grant 2,500
Total ................................. 3a 366,500
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 ........... 		    14 322  
4 Dividends and interest from securities ....     14 139,792  
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 ............ 		    18 656,164  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   796,278  
13Total. Add line 12, columns (b), (d), and (e)..................
13
796,278
(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


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Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Russell G Wilde, CPA 15,000 15,000 0 0

TY 2025 InvestmentsCorpStockSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Name of Stock End of Year Book Value End of Year Fair Market Value
Abbott Labs 45,689 317,610
Accenture PLC Ireland 58,595 83,978
Adobe Inc 103,416 75,598
AON OLC 104,291 90,690
Apple Incorporated 0 0
Alphabet Incorporated CL C 34,955 177,924
Annaly Capital Mgmt Inc 106,650 83,850
APA Corporation 50,996 24,460
Automatic Data Processing 1,428 128,615
BankAmerica Corporation 0 0
Beckton Dickinson 27,142 155,256
BXP Incorporated REIT 111,564 128,212
Coca Cola 12,000 83,892
Cognizant Tech Solutions 16,380 83,000
Colgate Palmolive 13,237 165,942
Costar Group Incorporated 54,056 49,893
CVS Health Corp 58,588 79,360
Dentsply Sirona Inc 42,698 17,145
Devon Energy Corporation 44,244 68,498
Embecta Corportion 319 950
Gartner Incorporated 0 0
Halliburton Company 52,057 25,434
Home Depot 16,475 215,063
Illinois Tool Works Inc 42,380 226,596
Johnson & Johnson 42,965 507,028
Kinder Morgan Inc 52,084 65,976
Lilly Eli & Company 136,655 202,040
Marsh McLennan Co 245 129,864
Mastercard Incorporated 93,456 176,972
Merck & Co 1,693 76,314
Microsoft Corporation 142,378 281,466
Moodys Corp 25,613 255,425
MSCI Incorporated 100,109 107,861
Oracle Corporation 153,532 194,520
Novo-Nordisk ADR 0 0
Paychex Inc 10,526 100,962
Pfizer Inc 115,898 99,600
Proctor & Gamble Co 35,636 167,672
Paycom Software Inc 53,276 45,577
Rigetti Computing Incorporated 6,006 110,750
Renaissance RE Hldgs LTD 44,800 246,015
RPM International Inc 67,893 172,640
Shopify Inc 73,142 170,467
Servicenow Incorporated 101,335 134,041
SOFI Technologies Inc 10,205 26,180
Starbucks Corporation 100,831 87,242
Synopsys Incorporated 76,380 69,989
Sysco Corp 7,565 81,059
Uber Technologies Inc 53,361 43,551
Valero Energy Corp 39,902 94,418
Visa Incorporated 105,410 172,900
Williams Cos 33,009 90,165
Workday Incorporated 0 0
Zoetis Incorporated 138,802 112,232
Exxon Mobil Corporation 125,218 300,850
UnitedHealth Group Inc 0 0
AirBNB Incorporated 77,094 67,046
AmazonCom Incorporated 132,252 303,298
Netflix Incorporated 0 0
Elme Communities REIT 0 0
IONQ Incorporated 12,580 44,870
Thermo Fisher Scientific Inc 0 0
ARS Pharmaceuticals Inc 39,829 34,950
Boston Scientific Corp 68,617 62,264
Broadcom Incorporated 170,612 189,663
IDEXX Labs Inc 62,840 98,097
Intuit 69,889 56,968
Intuitive Surgical Inc 78,757 81,556
Nvidia Corporation 136,582 141,927
Newell Brands Inc 47,880 37,200

TY 2025 OtherExpensesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Mass Filling Fee 70 70 0 0
Newspaper Notice 72 72 0 0


TY 2025 OtherLiabilitiesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Description Beginning of Year - Book Value End of Year - Book Value
Federal Excise Tax 2,641 3,455
Mass. Filing Fee 70 70


TY 2025 OtherProfessionalFeesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Raymond James 43,343 43,343 0 0


TY 2025 TaxesSchedule
Name:
Frank Gerrity Charitable Trust
EIN:
04-6195965
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Tax 10,255 0 0 0