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            <AddressLine1Txt>25 WEST TERRACE</AddressLine1Txt>
            <CityNm>SALEM</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01970</ZIPCd>
          </USAddress>
          <TitleTxt>BOARD OF MANAGERS</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MAIA MOORE</PersonNm>
          <USAddress>
            <AddressLine1Txt>19 ORNE SQUARE</AddressLine1Txt>
            <CityNm>SALEM</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01970</ZIPCd>
          </USAddress>
          <TitleTxt>BOARD OF MANAGERS</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>ASSIST FAMILIES IN NEED</Description1Txt>
        <Expenses1Amt>66525</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2582199</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>94433</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2676632</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2676632</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>40149</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2636483</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>131824</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>85682</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>85682</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>69755</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>69973</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>81830</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>91427</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>91078</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>404063</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>85682</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <RemainingDistriFromCorpusAmt>85682</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>489745</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>69755</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>419990</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>69973</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>81830</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>91427</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>91078</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>85682</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>50459</CurrentYearAmt>
          <Year1Amt>37388</Year1Amt>
          <Year2Amt>28591</Year2Amt>
          <Year3Amt>53796</Year3Amt>
          <TotalAmt>170234</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>42890</CurrentYearAmt>
          <Year1Amt>31780</Year1Amt>
          <Year2Amt>24302</Year2Amt>
          <Year3Amt>45727</Year3Amt>
          <TotalAmt>144699</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>85682</CurrentYearAmt>
          <Year1Amt>91078</Year1Amt>
          <Year2Amt>91427</Year2Amt>
          <Year3Amt>81830</Year3Amt>
          <TotalAmt>350017</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>85682</CurrentYearAmt>
          <Year1Amt>91078</Year1Amt>
          <Year2Amt>91427</Year2Amt>
          <Year3Amt>81830</Year3Amt>
          <TotalAmt>350017</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <Year3Amt>89730</Year3Amt>
          <TotalAmt>89730</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MASSACHUSETTS MARITIME ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>101 ACADEMY DRIVE</AddressLine1Txt>
            <CityNm>BUZZARDS BAY</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02532</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORTS COLLEGE</GrantOrContributionPurposeTxt>
          <Amt>10429</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>10429</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>69036</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>80426</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>149462</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>149462</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule-01">
      <AccountingFeesDetail>
        <CategoryTxt>WALSH CPAs,LLC ACCOUNTING</CategoryTxt>
        <Amt>3500</Amt>
        <NetInvestmentIncomeAmt>875</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>875</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2625</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="GainLossSaleOtherAssetsSch-01">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>GAIN ON SALE OF INVESTMENT PROPERTY</AssetDesc>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <PurchaserNameGrp>
          <PersonNm>STOCK MARKET SALES</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>103560</GrossSalesPriceAmt>
        <BasisAmt>98851</BasisAmt>
        <TotalNetAmt>4709</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>GAIN ON SALE OF INVESTMENT PROPERTY</AssetDesc>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <PurchaserNameGrp>
          <PersonNm>STOCK MARKET SALES</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>719676</GrossSalesPriceAmt>
        <BasisAmt>644062</BasisAmt>
        <TotalNetAmt>75614</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CAPITAL GAIN DISTRIBUTION</AssetDesc>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <PurchaserNameGrp>
          <PersonNm>CAPITAL GAIN DISTRIBUTION</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>103</GrossSalesPriceAmt>
        <TotalNetAmt>103</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedul-01">
      <InvestmentsCorporateBondsGrp>
        <BondNm>SEE ATTACHED</BondNm>
        <EOYBookValueAmt>899468</EOYBookValueAmt>
        <EOYFMVAmt>886826</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedul-01">
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE ATTACHED</StockNm>
        <EOYBookValueAmt>1124580</EOYBookValueAmt>
        <EOYFMVAmt>1815540</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>MISC</Desc>
        <RevenueAndExpensesPerBooksAmt>200</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>200</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAYMENTS TO BENEFICIARIES</Desc>
        <RevenueAndExpensesPerBooksAmt>66525</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>66525</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BOND AMORTIZATION</Desc>
        <RevenueAndExpensesPerBooksAmt>1873</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1873</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>761</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>761</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TAXES</Desc>
        <RevenueAndExpensesPerBooksAmt>1992</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1992</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedu-01">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>EASTERN BANK INVESTMENT MAANGEMENT FEE</CategoryTxt>
        <Amt>22309</Amt>
        <NetInvestmentIncomeAmt>22309</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>22309</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>