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
COGSWELL BENEVOLENT TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address) 116 SOUTH RIVER ROAD E-1
  Room/suite
City or town
BEDFORD
State or province
NH
Country  
ZIP or foreign postal code
03110
A Employer identification number

02-0235690
B Telephone number (see instructions)

6036224013
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)$42,199,758J 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 24,310    
4 Dividends and interest from securities... 928,333 928,333  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,257,600
b Gross sales price for all assets on line 6a 13,317,454
7 Capital gain net income (from Part IV, line 2)... 2,257,600
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........ 3,210,243 3,185,933  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 108,000 54,000   54,000
14 Other employee salaries and wages...... 37,083 18,542   18,541
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
468 234   234
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
34,744 17,372   17,372
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
234,218 234,218   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
25,331 5,239   2,323
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 9,351 4,676   4,675
21 Travel, conferences, and meetings....... 2,000 1,000   1,000
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
34,453 16,872   16,870
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 485,648 352,153   115,015
25 Contributions, gifts, grants paid....... 1,763,326 1,763,326
26 Total expenses and disbursements. Add lines 24 and 25 ................ 2,248,974 352,153   1,878,341
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 961,269
b Net investment income (if negative, enter -0-) 2,833,780
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,454,413 2,996,611 2,996,611
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 19,462,611 Click to see attachment
List of Attached Documents:
// Content
21,516,877 		29,543,025
c Investments—corporate bonds (attach schedule)....... 11,258,364 Click to see attachment
List of Attached Documents:
// Content
9,623,169 		9,660,122
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) 33,175,388 34,136,657 42,199,758
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 33,175,388 34,136,657
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 33,175,388 34,136,657
30 Total liabilities and net assets/fund balances (see instructions). 33,175,388 34,136,657
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
33,175,388
2
Enter amount from Part I, line 27a .....................
2
961,269
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
34,136,657
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
34,136,657
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 RBC - 19012 CAP GAIN DIST P    
b RBC - 74364 CAP GAIN DIST P    
c RBC - 61575 CAP GAIN DIST P    
d RBC - 19012 P    
e RBC - 19012 P    
RBC - 23312 P    
RBC - 23312 P    
RBC - 27112 P    
RBC - 27112 P    
RBC - 45139 P    
RBC - 49051 P    
RBC - 49055 P    
RBC - 49051 P    
RBC - 49055 P    
RBC - 61575 P    
RBC - 61575 P    
RBC - 74364 P    
RBC - 74364 P    
RBC - 92511 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 39,846     39,846
b 4,037     4,037
c 286     286
d 639,709   518,526 121,183
e 1,369,652   719,223 650,429
39,661   33,825 5,836
892,296   598,601 293,695
483,425   487,879 -4,454
3,060,650   3,400,215 -339,565
125,767   127,268 -1,501
12,705   17,915 -5,210
6,459   14,825 -8,366
959,394   502,166 457,228
322,552   327,012 -4,460
1,332,330   1,204,533 127,797
1,230,487   948,407 282,080
950,692   908,151 42,541
1,484,323   1,053,168 431,155
363,183   198,140 165,043
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       39,846
b       4,037
c       286
d       121,183
e       650,429
      5,836
      293,695
      -4,454
      -339,565
      -1,501
      -5,210
      -8,366
      457,228
      -4,460
      127,797
      282,080
      42,541
      431,155
      165,043
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,257,600
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 39,390
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 39,390
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 39,390
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 41,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 2,410
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax2,410 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NH
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 addressN/A
14
The books are in care ofCHARLES GOODWIN Telephone no. (603) 622-4013

Located at116 SOUTH RIVER ROAD E-1BEDFORDNH ZIP+403110
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
 
 
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
CHARLES GOODWIN TRUSTEE
20.00 		36,000 0 0
951 STRAW HILL
MANCHESTER,NH03104
PETER KACHAVOS TRUSTEE
20.00 		36,000 0 0
8 BEACH PLUM WAY
HAMPTON,NH03842
MARK NORTHRIDGE TRUSTEE
20.00 		36,000 0 0
344 DREW HILL ROAD
ALTON,NH03809
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
RBC WEALTH MANAGEMENT INVESTMENT MANAGEMENT 234,218
9 TRAFALGAR SQUARE
NASHUA,NH03063
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
38,302,144
b
Average of monthly cash balances.......................
1b
2,833,259
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
41,135,403
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
41,135,403
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
617,031
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
40,518,372
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,025,919
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
2,025,919
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
39,390
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
39,390
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,986,529
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,986,529
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
1,986,529
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
1,878,341
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,878,341
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 1,986,529
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 1,742,439
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,878,341
a Applied to 2024, but not more than line 2a 1,742,439
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..... 135,902
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		1,850,627
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
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 ......
2029-09-28
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
COGSWELL BENEVOLENT TRUST
116 SOUTH RIVER ROAD E-1
BEDFORD,NH03110
(603) 622-4013
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION WITH COPY OF 501(C)(3) DETERMINATION LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
90% OF AWARDS HAVE TO STAY IN NEW HAMPSHIRE PER TRUST DOCUMENT
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

ALBACORE PARK

569 SUBMARINE WAY
PORTSMOUTH,NH03801 		NONE   INSTALLATION OF EXHIBIT MATERIALS 10,000

ALTON COMMUNITY SERVICES

141 MAIN STREET
ALTON,NH03809 		NONE   ALTON FOOD PANTRY 2,500

AMERICAN RED CROSS OF NEW HAMPSHIRE

2 MAITLAND STREET
CONCORD,NH03301 		NONE   DISASTER RELIEF & HOME FIRE FINANCIAL ASSIST 15,000

APPALACHIAN MOUNTAIN CLUB

10 CITY SQUARE
BOSTON,MA02129 		NONE   SUPPORT COOS COUNTY PLACE BASED EDUCATIONAL PROGRAM 8,000

BARTON CENTER FOR DIABETES EDUCATION INC

PO BOX 356
NORTH OXFORD,MA01537 		NONE   CAMPERSHIP FUND FOR NH CHILDREN 25,000

BEKTASH TEMPLE

189 PEMBROKE ROAD
CONCORD,NH03302 		NONE   TRANSPORTATION EXPENSES 2,000

BOYS & GIRLS CLUB OF GREATER NASHUA

1 POSITIVE PL
NASHUA,NH03060 		NONE   CAPITAL CAMPAIGN FOR THE POWER OF YOUTH 25,000

BOYS & GIRLS CLUB OF GREATER SALEM

3 GEREMONTY DR
SALEM,NH03079 		NONE   REPAIR AND UPGRADE GYM FLOOR 10,300

BOYS & GIRLS CLUB OF SOUHEGAN VALLEY

56 MONT VERNON STREET
MILFORD,NH03055 		NONE   REPLACE HEATING SYSTEM 25,000

BRIDGES DOMESTIC & SEXUAL VIOLENCE

16 ELM STREET 2
MILFORD,NH03055 		NONE   PURCHASE SHELTER FURNITURE & BEDS 6,750

CAMP ALLEN NH

56 CAMP ROAD
BEDFORD,NH03110 		NONE   ROOF REPAIRS, REBUILD DECK, RAISE CORNER OF BUILDING AND REPLACE DOOR 40,000

CAMP EXSIGHTING ADVENTURES

1 HARDY RD PMB 139
BEDFORD,NH03110 		NONE   CAMPER SCHOLARSHIPS 5,000

CAMP STARFISH

12 CAMP MONOMONAC RD
RINDGE,NH03461 		NONE   CAMPER SCHOLARSHIPS 5,000

CAMP SUNSHINE

35 ACADIA RD
CASCO,ME04015 		NONE   FAMILY RETREAT PROGRAM FOR NH FAMILIES 5,000

CARTER COMMUNITY BUILDING ASSOC (CCBA)

1 TAYLOR STREET
LEBANON,NH03766 		NONE   YOUTH DROP-IN CENTER SUPPORT 5,000

CHILDREN'S CENTER (WOLFEBORO)

180 SOUTH MAIN STREET
WOLFEBORO,NH03894 		NONE   FAMILY SUPPORT PROGRAM 5,000

CLAREMONT LEARNING PARTNERSHIP

169 MAIN ST
CLAREMONT,NH03743 		NONE   ONE4 ALL CHILD CARE CENTER'S FOOD PROGRAM 10,000

CLAREMONT SOUP KITCHEN

53 CENTRAL STREET
CLAREMONT,NH03743 		NONE   SOUP KITCHEN & FOOD PANTRY 2,500

CONCORD CHORALE

PO BOX 160
CONCORD,NH03302 		NONE   2024-2025 SEASON OF PERFORMANCES 5,000

CONCORD HOSPITAL TRUST

250 PLEASANT ST
CONCORD,NH03301 		NONE   PURCAHSE OF NEW MEDICAL EQUIPMENT FOR FAMILY HEALTH CENTER 15,000

CROTCHED MOUNTAIN

1 VERNEY DRIVE
GREENFIELD,NH03047 		NONE   FOR KIDS WITH COMPLEX DISABILITIES IN DISADVANTAGED COMMUNITIES 25,000

DENTAL LIFELINE NETWORK NH

PO BOX 3487
CONCORD,NH03302 		NONE   DONATED DENTAL SERVICES 5,000

EASTER SEALS NH

555 AUBURN STREET
MANCHESTER,NH03103 		NONE   CONSTRUCT PLAYGROUND AT GAMMON ACADEMY, ZACHARY ROAD MANCH. 3 YR PLEDGE $150K IN 2024, $50K IN 2025 & 2026 50,000

FAMILIES IN TRANSITION

122 MARKET ST
MANCHESTER,NH03101 		NONE   31ST ANNUAL THANKSGIVING BREAKFAST 25,000

FAMILIES IN TRANSITION

122 MARKET ST
MANCHESTER,NH03101 		NONE   34TH ANNUAL WALK AGAINST HUNGER 25,000

FRANKLIN OPERA HOUSE

316 CENTRAL ST
FRANKLIN,NH03235 		NONE   RENOVATIONS TO THE THEATRE 10,000

FRIENDS OF AINE CENTER

226 COOLIDGE AVE
MANCHESTER,NH03102 		NONE   SUPPORT NEW PROGRAM REPLICATION MODEL INITIATIVE 75,000

FRIENDS OF VETERANS

222 HOLIDAY DR STE 20
WHITE RIVER JUNCTION,VT05001 		NONE   ASSIST NH HOMELESS VETERANS & FAMILIES IN THEIR TIME OF NEED 5,000

FUELED BY KIDS

7 CHESTNUT DR
BEDFORD,NH03110 		NONE   PROVIDE FOOD FOR SCHOOL CHILDREN IN MANCHESTER 10,000

FUTURE IN SIGHT

25 WALKER ST
CONCORD,NH03301 		NONE   NH ASSOC FOR THE BLIND SUPPORT FOR BLIND INDIVIDUALS 25,000

GATEWAYS COMMUNITY SERVICES

144 CANAL ST
NASHUA,NH03064 		NONE   AUTISM CENTER AND SIBSHOP OF GREATER NASHUA 5,000

GATHER

210 W RD 3
PORTSMOUTH,NH03801 		NONE   SUPPORT MOBILE MARKETS & MEALS 4 KIDS PROGRAMS 10,000

GATHER

210 W RD 3
PORTSMOUTH,NH03801 		NONE   CORE FOOD ACCESS PROGRAM 10,000

GIRLS INC OF NH

815 ELM STREET SUITE 4A
MANCHESTER,NH03101 		NONE   ASSIST WITH COST FOR BREAKDOWN OF BUSES 25,000

GIRLS SCOUTS OF THE GREEN & WHITE MOUNTAINS

1 COMMERCE DR
BEDFORD,NH03110 		NONE   PROGRAMMING FOR UNDERSERVED AND AT-RISK GIRLS 7,500

GLOBAL CITIZENS CIRCLE

2500 N RIVER RD
HOOKSETT,NH03106 		NONE   EPAND PROFESSIONAL DEVELOPMENT PROGRAMMING 10,000

GRANITE GUILD

834 LANCASTER ROAD
LANCASTER,NH03584 		NONE   DAILY OPERATION OF COMMUNITY CENTER AND FOOD PANTRY 5,000

GRANITE STATE CHILDREN'S ALLIANCE

15 BROAD STREET
NASHUA,NH03064 		NONE   RENOVATIONS TO CHILD ADVOCACY CENTER 30,000

GRANITE STATE CHILDREN'S ALLIANCE

15 BROAD STREET
NASHUA,NH03064 		NONE   RENOVATIONS TO CHILD ADVOCACY CENTER 30,000

GRANITE UNITED WAY

22 CONCORD STREET 4TH FLOOR
MANCHESTER,NH03101 		NONE   ANNUAL APPEAL 60,000

GREATER SEACOAST COMMUNITY HEALTH

311 NH-108
SOMERSWORTH,NH03878 		NONE   SMALL EQUIPMENT NEEDS 20,000

HABITAT FOR HUMANITY SOUTHEAST NH

1 MIDDLE STREET SUITE 200
PORTSMOUTH,NH03801 		NONE   COMPLETE MULTIFAMILY VETERAN PROJECT 25,000

HAMPSHIRE COUNTRY SCHOOL

28 PATEY CIR
RINDGE,NH03461 		NONE   EDUCATIONAL ENVIRONMENT FOR NEURODIVERGENT BOYS 3,650

HAVEN

20 INTERNATIONAL DR SUITE 300
PORTSMOUTH,NH03801 		NONE   EMERGENCY SHELTER AND HOUSING PROGRAM 10,000

HELPING HANDS OUTREACH CENTER

50 LOWELL ST 39
MANCHESTER,NH03101 		NONE   SUPPORT 42 HOMELESS MEN FOR A 2-YEAR PERIOD 15,120

INTERNATIONAL INSTITUTE OF NEW ENGLAND

470 PINE ST LOWER LEVEL
MANCHESTER,NH03104 		NONE   LNA FOR SUCCESS PROGRAM 10,000

KEARSARGE AREA COUNCIL ON AGING

37 PLEASANT ST
NEW LONDON,NH03257 		NONE   SUPPORT TRANSPORTATION FOR CHAIN SENIOR CENTER 10,000

KURN HATTIN HOMES FOR CHILDREN

708 KURT HATTIN ROAD
WESTMINISTER,VT05158 		NONE   DEFRAY OUTPATIENT EXPENSE FOR UNINSURED MEDICAL NEEDS 7,425

KURN HATTIN HOMES FOR CHILDREN

708 KURT HATTIN ROAD
WESTMINISTER,VT05158 		NONE   DEFRAY OUTPATIENT EXPENSE FOR UNINSURED MEDICAL NEEDS 6,425

LIFE MINISTRIES FOOD PANTRY

264 MAIN STREET
WOLFEBORO,NH03894 		NONE   FOOD PANTRY SUPPORT 2,500

LAKES REGION COMMUNITY SERVICES

719 NORTH MAIN STREET
LACONIA,NH03246 		NONE   REPLACE AGING LAPTOP COMPUTERS 10,000

LIVE & LET LIVE FARM INC

20 PARADISE LANE
CHICHESTER,NH03258 		NONE   BUY HAY, FEED, & VETERINARY CARE 32,000

MACDOWELL

100 HIGH ST
PETERBOROUGH,NH03458 		NONE   SUPPORT GREEN RETROFIT OF ALEXANDER STUDIO 16,300

MAGNOLIA HOUSE NH

33 EXETER RD
HAMPTON,NH03842 		NONE   DITCH THE RENT BUILD THE SHED FOR MEN AND THEIR FAMILIES 10,000

MANCHESTER CITY LIBRARY

405 PINE ST
MANCHESTER,NH03104 		NONE   BOOKMOBILE 25,000

MANCHESTER HISTORIC ASSN

220 BEDFORD ST
MANCHESTER,NH03101 		NONE   REPLACE FRONT DOOR AND UPGRADE HVAC AND TECHNOLOGY 14,300

MASONIC GRAND LODGE

30 MOUNT VERNON STREET
MILFORD,NH03055 		NONE   THE "DARE" PROGRAM 2,000

MERRIMACK VALLEY DAY CARE SERVICES

19 NORTH FRUIT STREET
CONCORD,NH03301 		NONE   ROOF REPAIR 10,000

MONADNOCK UNITED WAY

23 CENTER ST
KEENE,NH03431 		NONE   SUPPORT EARLY CHILDHOOD REGION 1 10,000

MT WASHINGTON VALLEY ADULT DAY CENTER

987 E MAIN STREET
CONWAY,NH03813 		NONE   NATIONAL DEMENTIA CARE PROGRAM 10,000

MY TURN

1 ELM ST
NASHUA,NH03060 		NONE   EXPAND PROJECT COMPLETE PROGRAMS AT CENTRAL AND WEST HIGH SCHOOLS 50,000

NASHUA CHILDREN'S HOME

125 AMHERST STREET
NASHUA,NH03064 		NONE   TRANSITIONAL LIVING PROGRAM SUPPORT 20,000

NASHUA CHILDREN'S HOME

125 AMHERST STREET
NASHUA,NH03064 		NONE   TRANSITIONAL LIVING PROGRAM SUPPORT 25,000

NASHUA POLICE ATHLETIC LEAGUE

52 ASH ST
NASHUA,NH03060 		NONE   SUMMER EXPERIMENTAL, MENTORING, & COMMUNITY SERVICES ACTIVITIES 25,000

NEW DURHAM FOOD PANTRY

5 MAIN STREET
NEW DURHAM,NH03855 		NONE   YR END SUPPORT 2,500

NEW ENGLAND HEMOPHILIA ASSOC

347 WASHINGTON ST 401
DEDHAM,MA02026 		NONE   SUPPORT FAMILY CAMP IN MOULTONBOROUGH, NH 5,000

NEW HAMPSHIRE HUMANITIES

117 PLEASANT ST
CONCORD,NH03301 		NONE   2026 US@250 BIG WATCH 10,000

NH CHILDREN'S TRUST

105 LOUDON ROAD BUILDING 2
CONCORD,NH03301 		NONE   FINANCIAL SUPPORT AND BASIC NEEDS 10,000

NH FOOD BANK

700 E INDUSTRIAL PARK DRIVE
MANCHESTER,NH03109 		NONE   THANKSGIVING TURKEYS 50,000

NH FOOD BANK

700 E INDUSTRIAL PARK DRIVE
MANCHESTER,NH03109 		NONE   TO PURCHASE FOOD 50,000

NH HISTORICAL SOCIETY

30 PARK ST
CONCORD,NH03301 		NONE   EXPAND TECHNOLOGY UPGRADES AND CLIMATE CONTROL 25,000

NH MUSIC FESTIVAL

17 RR SQ RD
PLYMOUTH,NH03264 		NONE   SUPPORT MUSIC IN THE MOUNTAINS CONCERTS 5,000

NH ORAL HEALTH COALITION

4 PARK ST SUITE 403
CONCORD,NH03301 		NONE   ORAL HEALTH AND DENTAL ACCESS OF LOW-INCOME INDIVIDUALS 10,000

NORTHEAST PASSAGE

121 TECHNOLOGY DRIVE 161
DURHAM,NH03824 		NONE   PURCHASE EXTREME MOTUS ALL-TERRAIN WHEELCHAIR AND INDEELIFT 5,530

ON BELAY

PO BOX 391
NEWMARKET,NH03857 		NONE   ADVENTURE BASED SUPPORT PROGRAMS FOR CHILDREN OF CANCER PATIENTS 5,000

OPERATION DELTA DOG

19G CLINTON DR
HOLLIS,NH03049 		NONE   SUPPORT VETERAN PEER MENTORING PROGRAM 7,500

OPPORTUNITY NETWORKS

11 CALDWELL DR
AMHERST,NH03031 		NONE   TO SERVE ADULTS WITH DEVELOPMENTAL AND ACQUIRED DISABILITIES 10,000

OUR PLACE NH

PO BOX 65
DOVER,NH03821 		NONE   HOUSING SOLUTIONS FOR ADULTS WITH DEVELOPMENTAL DISABILITIES 10,000

PRESIDENTIAL OAKS (NH ODD FELLOWS)

200 PLEASANT ST
CONCORD,NH03301 		NONE   MODERNIZE MAIN SERVICE ELEVATOR 25,000

REACH FOR THE TOP THERAPY SERVICES

61 LOCUST STREET 333
DOVER,NH03820 		NONE   SERVICES FOR FAMILIES DELAYED INSURANCE PROCESSING 10,000

RIVERBEND COMMUNITY MENTAL HEALTH

105 LOUDON ROAD BUILDING 4
CONCORD,NH03301 		NONE   COMMUNITY HOUSING IN A 24-HOUR SUPPORTED SETTING 25,000

SCOTTISH RITE

33 MARRETT RD
LEXINGTON,MA02421 		NONE   SUPPORT FOR CHARITIES IN THE MOST NEED 2,000

SCOUTING AMERICA

1500 BODWELL RD
MANCHESTER,NH03109 		NONE   FOR YOUTH TO LEARN AND GROW OUTDOORS 10,000

SEACOAST COMMUNITY SCHOOL

100 CAMPUS DRIVE 20
PORTSMOUTH,NH03801 		NONE   ENHANCE ENRICHMENT PROGRAM AND UPGRADE EQUIPMENT 5,000

SONSHINE SOUP KITCHEN

4 CRYSTAL AVE
DERRY,NH03038 		NONE   YR END SUPPORT 2,500

SOUTHEAST LAND TRUST OF NH

247 N RIVER RD
EPPING,NH03042 		NONE   SUPPORT ALL-TERRAIN LEARNING ADVENTURERS PROGRAM 15,000

ST AMSELM'S JEAN SCHOOL OF NURSING AND HEALTH SCIENCES

100 SAINT ANSELM DRIVE
MANCHESTER,NH03102 		NONE   CAPITAL SUPPORT GRAPPONE HALL 50,000

STAR ISLAND CORP

30 MIDDLE ST
PORTSMOUTH,NH03801 		NONE   HISTORIC PRESERVATION AND INFRASTRUCTURE IMPROVEMENTS 10,000

SUPREMENT COUNCIL HEADQUARTERS

PO BOX 519
LEXINGTON,MA02420 		NONE   SUPPORT FOR CHARITIES WITH THE GREATEST NEED 2,000

THE FRIENDLY KITCHEN

2 S COMMERCIAL ST
CONCORD,NH03301 		NONE   CONSTRUCT NEW PREP KITCHEN 20,000

THE FROST PLACE

158 RIDGE RD
FRANCONIA,NH03580 		NONE   REPLACE ORIGINAL FOUNDATION TO ROBERT FROST FARMHOUSE 10,000

THE GRANITE YMCA

30 MECHANIC STREET
MANCHESTER,NH03101 		NONE   SAFETY AROUND WATER PROGRAM 12,500

THE PATRIOT RESILIENT LEADER INSTITUTE

50 FOXGLOVE RD
GILFORD,NH03249 		NONE   BOLSTER FIRST RESPONDERS' MENTAL & PHYSICAL HEALTH 5,000

THE SALVATION ARMY

1 MONTGOMERY AVENUE
NASHUA,NH03060 		NONE   SUPPORT YOUTH PROGRAMS, BUY FOOD & SUPPLIES FOR FOOD PANTRY & FINANCIAL ASSISTANCE 25,000

THE SUMMER CAMP

177 N WAYNE ROAD
READFIELD,ME04355 		NONE   30 CAMPERSHIPS FOR AT-RISK NH GIRLS 10,000

THOMAS MORE COLLEGE OF LIBERAL ARTS

6 MANCHESTER ST
MERRIMACK,NH03054 		NONE   DORMITORY RENOVATIONS 10,000

TOWN OF CANDIA-WELFARE DEPT

74 HIGH STREET
CANDIA,NH03034 		NONE   TO ASSIST THOSE IN NEED 25,000

TWIN RIVERS FOOD PANTRY

2 CENTRAL ST
FRANKLIN,NH03235 		NONE   EMERGENCY FOOD PANTRY 2,500

UNITED NEGRO COLLEGE FUND

15 BROAD STREET
BOSTON,MA02109 		NONE   ANNUAL APPEAL 5,000

UPPER VALLEY HAVEN

713 HARTFORD AVE
WHITE RIVER JUNCTION,VT05001 		NONE   FOOD SERVICES PROGRAM 2,500

UPREACH THERAPEUTIC EQUESTRIAN CENTER

153 PAIGE HILL ROAD
GOFFSTOWN,NH03045 		NONE   UPGRADE ACCESSIBLE HILL HOUSE HVAC 21,635

WAYPOINT NH

464 CHESTNUT STREET
MANCHESTER,NH03105 		NONE   BUILDING CAPACITY AROUND IMPACT MEASUREMENT AND QUALITY INITIATIVES 50,000

WEBSTER HOUSE

135 WEBSTER STREET
MANCHESTER,NH03104 		NONE   FIRE SUPPRESSION SPRINKLER SYSTEM 25,000

WEBSTER HOUSE

135 WEBSTER STREET
MANCHESTER,NH03104 		NONE   PURCHASE SECOND MINIVAN 22,891

WHOLE VILLAGE FAMILY RESOURCE CENTER

258 HIGHLAND ST STE 1
PLYMOUTH,NH03264 		NONE   FAMILY SUPPORT PROGRAM 10,000

YMCA CAMP BELKNAP

11 CHASE POINT RD
MIRROR LAKE,NH03853 		NONE   2024 CAMPER SCHOLARSHIPS 25,000

YMCA CAMP HUCKINS

17 CAMP HUCKINS RD
FREEDOM,NH03836 		NONE   CAPITAL EXPENDITURE 75,000
Total ................................. 3a 1,763,326
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 24,310  
4 Dividends and interest from securities ....         928,333
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 ............ 		        2,257,600
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 24,310 3,185,933
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,210,243
(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.)
4 INCOME GENERATED FROM INVESTMENTS PROVIDES NECESSARY CASH FLOWS
8 TO MAKE CONTRIBUTIONS REQUESTED FROM THE COGSWELL BENEVOLENT TRUST
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:
COGSWELL BENEVOLENT TRUST
EIN:
02-0235690
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 34,744 17,372   17,372

TY 2025 InvestmentsCorpBondsSchedule
Name:
COGSWELL BENEVOLENT TRUST
EIN:
02-0235690
Name of Bond End of Year Book Value End of Year Fair Market Value
VARIOUS 9,623,169 9,660,122

TY 2025 InvestmentsCorpStockSchedule
Name:
COGSWELL BENEVOLENT TRUST
EIN:
02-0235690
Name of Stock End of Year Book Value End of Year Fair Market Value
VARIOUS 21,516,877 29,543,025

TY 2025 LegalFeesSchedule
Name:
COGSWELL BENEVOLENT TRUST
EIN:
02-0235690
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 468 234   234


TY 2025 OtherExpensesSchedule
Name:
COGSWELL BENEVOLENT TRUST
EIN:
02-0235690
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 6,171 3,086   3,085
INSURANCE 23,710 11,855   11,855
UTILITIES 1,990 995   995
STATE FILING FEES 180 90   90
TELEPHONE 1,691 846   845
MISCELLANEOUS 711 0   0


TY 2025 OtherProfessionalFeesSchedule
Name:
COGSWELL BENEVOLENT TRUST
EIN:
02-0235690
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 234,218 234,218   0


TY 2025 TaxesSchedule
Name:
COGSWELL BENEVOLENT TRUST
EIN:
02-0235690
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 4,646 2,323   2,323
FOREIGN TAXES WITHHELD 2,916 2,916   0
FEDERAL TAXES 17,769 0   0