2024-04-25T05:52:40-07:00 2023-12-31 030310172 OBrien Shortle Reynolds & Sabotka PC 54 North Main Street Rutland VT 05701 990 2023-01-01 816725737 Robert and Louise Bossardt Trust co Christopher Corsones ESQ ROBE 8027750125 1 Nickwackett Street Rutland VT 05701 Christopher Corsones Trustee 2024-04-25 true Christopher Corsones 999009999 true Janice Craig CPA P00106227 8027738344 3 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Christopher Corsones 1 Nickwackett Street Rutland VT 05701 82902 false X N/A X 2016 VT The trust is a support organization for various charitable beneficiaries located in Vermont, including entities that support the arts, medicine and animal care. The trust has no program services and was created exclusively to provide financial support for the named charitable entities, all of which are 501(c)(3) organizations. These organizations are provided for from the annual earnings generated by the trust's investments. 1 0 0 0 0 0 64425 63547 27370 19355 91795 82902 0 0 19338 12686 0 0 104220 79590 123558 92276 -31763 -9374 1758155 1748781 0 1758155 1748781 The trust was created in 1987 by Robert and Louise Bossardt and was fully funded in 2016 upon Louise's passing. The sole purpose of the trust is to provide financial support to various Vermont charitable organizations as listed herein on Schedule A. false false The Robert and Louise Bossardt trust itself has no program services. The primary exempt purpose of this trust is to provide financial support for several 501(c)(3) organizations (listed herein on Schedule A). The named organizations are beneficiaries of the annual earnings generated by the trust's investments. true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 1 0 false false false false false false false false false false false true false false false false false false X Christopher Corsones ESQ 8027750125 1 Nickwackett Street Rutland VT 05701 Christopher Corsones Trustee 1.00 0.00 X 12686 0 0 12686 0 false false false 0 0 0 63547 63547 0 0 0 0 0 0 0 Long Term Capital Gain Dist 900099 10904 10904 Tax Exempt Int & Divs 900099 8451 8451 19355 82902 82902 0 0 0 0 12686 12686 0 0 0 0 0 0 0 1338 1338 0 0 12041 12041 0 0 0 0 0 0 0 0 0 0 64403 64403 0 0 Foreign Tax Withheld 1774 1774 Separately Stated Stock Fees 34 34 0 92276 0 92276 0 0 30019 32755 0 0 0 0 0 0 0 0 1728136 1716026 0 0 0 0 1758155 1748781 0 0 X 1789918 1758155 -31763 -9374 1758155 1748781 1758155 1748781 -9374 X false false false X X 7 Paramount Center Inc 222528303 10 true 8209 0 Regional Ambulance Service Inc 030286379 3 true 2318 0 Rutland Regional Medical Center 030183483 3 true 20888 0 Rutland County Humane Society Inc 036006930 10 true 2319 0 Rutland Historical Society Inc 237073971 10 true 2318 0 United Way of Rutland County VT 036000224 10 true 10945 0 Vermont Achievement Center Inc 030179407 10 true 17406 0 7 64403 0 true false false false false false false false false false false false false false false true false false 0 0 79907 71998 79907 71998 0 33721 27873 0 46186 44125 0 0 0 0 0 0 0 0 0 0 0 0 46186 39258 0 39258 0 39258 64403 0 0 0 0 0 64403 64403 39258 1.00000 39258 0 0 45428 151891 410304 89837 697460 0 39258 0 658202 64403 0 64403 0 0 722605 6170 151891 410304 89837 64403 Part IV, Section D, Line 2: Organizaiton Maintained A Relationship with Supported Orgs. The trustee provides an annual accounting to each organization. Each supported organization consents to the accounting and can request an accounting at any time. All beneficiaries have the right to administer the proper functioning of the trust by initiating action in probate court to enforce trust terms. Part V, Section D, Line 8: Distributions To Attentive Supported Organizations For each of the supported organizations listed in Part 1, Line 12G, the trust provides funds related to the organization's exempt purpose. In the case of the larger beneficiaries, the original trust document specifies the intended use of the funds provided to the supported organizations as follows:Rutland Regional Medical Center - Continuing education activities for personnel involved in critical care nursing servicesVermont Achievement Center - Capital improvement projectsThe specific nature of the intended payouts relays a higher importance to their receipt in the ability of the supported organization to provide related services. The other listed beneficiaries of the trust rely on public funding to perpetuate thier activities. As such, the monies provided from trust income constitute a significant benefit to the supported organization. All beneficiary organizations have the right and the expectation under the original trust agreement to offer investment advice and advice on methods of payout. The beneficiaries are also entitled to elect by vote a new trustee should the named trustee at any point become a disqualified person under code section 509(A)(3)(c). Form 990, Part VI, Section A, Line 8b The trustee has a fiduciary responsibility for managing the investments held by the trust, payment of expenses, distributions of income to beneficiary organizations, and meeting all tax, probate and other filing requirements. All of the trustee duties are governed by the terms of the trust document and state law. There are no meetings or actions to be documented.There are no committees, and accordingly no documentation for meetings or actions of such a committee. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed and signed by the trustee who is governed by the terms of the trust instrument. This trust is a 509(A)(3) supporting organization. Each beneficiary organization named in the trust agreement has the power to enforce the trust agreement and compel an accounting under state law. The trust has met and will continue to meet the requirements of (1.509(A)-4(I)(5)). Form 990, Part VI, Section C, Line 19 The trust is a 509(A)(3) supporting organization. Each beneficiary organization named in the trust document has been provided with a copy of the original trust agreement (the governing document). Quarterly distributions of income are made, along with an annual accounting to the supported organizations. A copy of Form 990 is available upon request.