2020-06-24T16:44:47-07:00 2019-12-31 042511474 Lombardi Clairmont & Keegan CPAs 35 Pearl Street Pittsfield MA 01201 990PF 2019-01-01 043365869 BERKSHIRE BANK FOUNDATION INC BERK 4132363733 PO BOX 1308 PITTSFIELD MA 01202 LORI GAZZILLO-KIELY Secretary 2020-06-24 true BARRY J CLAIRMONT P01259587 4134993733 2019 2021-04-22 16:20:28Z X 28167274 X X 621057 621057 536312 9046694 536312 1157369 1157369 185426 185426 12500 12500 173269 132175 41094 11820 1488 219202 219202 602217 133663 458222 2869574 3021648 3471791 133663 3479870 -2314422 1023706 244042 751388 751388 253028 5736 11443 11443 25040801 22349142 27302286 106036 102157 102157 25649643 23214130 28167274 28938 31065 819083 695863 848021 726928 X 24801622 24801622 22487202 25649643 23214130 24801622 -2314422 2 22487202 22487202 1960 Ishares 3-7 Year Treasury Bond P 2017-01-01 2019-01-01 246254 235614 10640 10640 2500 Ishares 1-3 year treasury bond fund P 2017-01-01 2019-01-01 211446 208438 3008 3008 37 Alcon Inc P 2017-01-01 2019-01-01 2164 1613 551 551 100 Allergan PLC P 2017-01-01 2019-01-01 19145 20458 -1313 -1313 426 BAE Systems PLC P 2017-01-01 2019-01-01 11563 13122 -1559 -1559 13 Boeing Co Com P 2017-01-01 2019-01-01 4563 4923 -360 -360 241 Celgene Corp P 2017-01-01 2019-01-01 26035 23741 2294 2294 Fract. 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P 2017-01-01 2019-01-01 3333 2713 620 620 104 Valero Energy Corp P 2017-01-01 2019-01-01 9729 6466 3263 3263 52 Xilinx inc. P 2017-01-01 2019-01-01 6122 4252 1870 1870 3382.95 Baron Emerging Markets Fund P 2017-01-01 2019-01-01 50000 42321 7679 7679 620.861 Johcm International Select Fund P 2017-01-01 2019-01-01 15000 14572 428 428 Fract. MFS New Discovery Value Fund P 2017-01-01 2019-01-01 64 64 64 385 SPDR S&P 500 ETF Trust P 2017-01-01 2019-01-01 101174 99205 1969 1969 8985 Vanguard Intl Equity Index Fds All World EX US P 2017-01-01 2019-01-01 430779 416547 14232 14232 100000 Astrazeneca 1.95% P 2017-01-01 2019-01-01 100000 100000 150000 BB&T Corp 5.25% P 2017-01-01 2019-01-01 150000 150000 125000 Dr. Pepper Snapple Group 2.6% P 2017-01-01 2019-01-01 125000 125000 150000 Philip Morris Intl Inc 1.875% P 2017-01-01 2019-01-01 150000 150000 50000 Teva Pharmaceutical 2.25% P 2017-01-01 2019-01-01 49125 49836 -711 -711 3000 Ishares 1-3 Year Treasury Bond P 2017-01-01 2019-01-01 253735 249630 4105 4105 4500 Ishares 3-7 Year Treasury Bond P 2017-01-01 2019-01-01 565378 539495 25883 25883 192 Allergan PLC P 2017-01-01 2019-01-01 36758 40268 -3510 -3510 67.2 Alcon Inc P 2017-01-01 2019-01-01 3930 2565 1365 1365 772 BAE Systems, PLC P 2017-01-01 2019-01-01 20955 25070 -4115 -4115 23 Boeing Co P 2017-01-01 2019-01-01 8072 8785 -713 -713 437 Celgene Corp P 2017-01-01 2019-01-01 47209 28037 19172 19172 Fract. Cummins Inc P 2017-01-01 2019-01-01 83 83 83 439 Delta Air Lines Inc P 2017-01-01 2019-01-01 24437 17376 7061 7061 538 Gilead Sciences Inc P 2017-01-01 2019-01-01 35747 37356 -1609 -1609 0.52 Livent Corp P 2017-01-01 2019-01-01 7 4 3 3 232 Lyondellbasell Industries P 2017-01-01 2019-01-01 21029 18070 2959 2959 605 Molson Coors Brewing Co P 2017-01-01 2019-01-01 30771 44946 -14175 -14175 321 Monster Beverage Corp. P 2017-01-01 2019-01-01 17932 20665 -2733 -2733 287 Occidental Pete Corp P 2017-01-01 2019-01-01 10777 17784 -7007 -7007 Fract. Quanta Svcs Inc P 2017-01-01 2019-01-01 79 79 79 108 Signature Bank NY P 2017-01-01 2019-01-01 14759 17076 -2317 -2317 622 State Street Corp P 2017-01-01 2019-01-01 43928 32523 11405 11405 692 Trimble Inc P 2017-01-01 2019-01-01 27807 23833 3974 3974 20 Ulta Beauty, Inc P 2017-01-01 2019-01-01 6060 4933 1127 1127 201 Valero Energy Corp P 2017-01-01 2019-01-01 18803 13492 5311 5311 95 Xilinx Inc P 2017-01-01 2019-01-01 11184 7650 3534 3534 10148.85 Baron Emerging Markets Fund P 2017-01-01 2019-01-01 150000 139918 10082 10082 2200.704 Johcm International Select Fund P 2017-01-01 2019-01-01 50000 43574 6426 6426 3004.809 MFS New Discovery Value Fund P 2017-01-01 2019-01-01 50000 46695 3305 3305 1600 SPDR S&P 500 ETF Trust P 2017-01-01 2019-01-01 420462 431282 -10820 -10820 16340 Vanguard Intl Equity Index All World EX US P 2017-01-01 2019-01-01 783074 756123 26951 26951 250000 Astrazeneca 1.95% P 2017-01-01 2019-01-01 250000 250000 125000 BB&T Corp 5.25% P 2017-01-01 2019-01-01 125000 125000 250000 Dr. Pepper Snapple Group 2.6% P 2017-01-01 2019-01-01 250000 250000 200000 Teva Pharmaceutical Finance IV 2.25% P 2017-01-01 2019-01-01 196500 198575 -2075 -2075 2000 Ishares 1-3 year treasury bond fund P 2017-01-01 2019-01-01 169476 166420 3056 3056 850 Ishares Russell Midcap Value P 2017-01-01 2019-01-01 79718 66529 13189 13189 725 Ishares Russell Midcap Growth P 2017-01-01 2019-01-01 108866 81856 27010 27010 1300 Ishares Global Infrastructure P 2017-01-01 2019-01-01 62199 60158 2041 2041 2950 SPDR S&P 500 ETF Trust P 2017-01-01 2019-01-01 817735 730777 86958 86958 15325 Vanguard Intl Equity Index Fds All World EX US P 2017-01-01 2019-01-01 741362 715662 25700 25700 15490.999 Johcm International Select Fund P 2017-01-01 2019-01-01 355468 306722 48746 48746 32149.934 Baron Emerging Markets Fund P 2017-01-01 2019-01-01 452671 428149 24522 24522 7000 MFS New Discovery Value Fund P 2017-01-01 2019-01-01 110990 105490 5500 5500 154 Allergan PLC P 2017-01-01 2019-01-01 25016 32772 -7756 -7756 72 Alcon Inc P 2017-01-01 2019-01-01 4237 2524 1713 1713 50 Accenture PLC Class A P 2017-01-01 2019-01-01 10616 7677 2939 2939 10 Amazon.com P 2017-01-01 2019-01-01 18640 19481 -841 -841 203 Apple Inc P 2017-01-01 2019-01-01 38002 27797 10205 10205 828 Bae Sys Plc P 2017-01-01 2019-01-01 22475 26235 -3760 -3760 500 Bank of America Corp P 2017-01-01 2019-01-01 17672 13214 4458 4458 40 Blackrock Inc. P 2017-01-01 2019-01-01 20106 15130 4976 4976 22 Boeing Co P 2017-01-01 2019-01-01 7722 8332 -610 -610 450 Boston Scientific Corp P 2017-01-01 2019-01-01 20405 15333 5072 5072 469 Celgene Corp P 2017-01-01 2019-01-01 48746 33002 15744 15744 61 Chubb Corp P 2017-01-01 2019-01-01 9008 7538 1470 1470 182 Cisco Systems Inc P 2017-01-01 2019-01-01 10168 8124 2044 2044 10 Cooper Cos Inc P 2017-01-01 2019-01-01 3052 2501 551 551 110 Cummins Inc P 2017-01-01 2019-01-01 19954 16066 3888 3888 146 Danaher Corp P 2017-01-01 2019-01-01 19438 7013 12425 12425 470 Delta Air Lines Inc P 2017-01-01 2019-01-01 26163 18948 7215 7215 50 Disney Walt Co P 2017-01-01 2019-01-01 7405 1609 5796 5796 2300 Ericsson ADR B Sek P 2017-01-01 2019-01-01 20274 21606 -1332 -1332 28 Facebook Inc P 2017-01-01 2019-01-01 4562 2092 2470 2470 472 Gilead Sciences Inc P 2017-01-01 2019-01-01 31362 33492 -2130 -2130 22 Alphabet Inc P 2017-01-01 2019-01-01 27976 13795 14181 14181 60 Home Depot Inc P 2017-01-01 2019-01-01 13237 8714 4523 4523 80 Honeywell International Inc P 2017-01-01 2019-01-01 14165 11019 3146 3146 0.338 Livent Corp P 2017-01-01 2019-01-01 4 4 248 Lyondellbasell Industries P 2017-01-01 2019-01-01 22479 22115 364 364 85 McCormick & Co Inc P 2017-01-01 2019-01-01 14585 6434 8151 8151 198 Metlife Inc P 2017-01-01 2019-01-01 9497 7950 1547 1547 164 Microsoft Corp P 2017-01-01 2019-01-01 19958 8553 11405 11405 625 Molson Coors Brewing Co P 2017-01-01 2019-01-01 32019 47339 -15320 -15320 344 Monster Beverage Corp P 2017-01-01 2019-01-01 19217 18774 443 443 60 Nextera Energy P 2017-01-01 2019-01-01 14525 3037 11488 11488 246 Occidental Pete Corp P 2017-01-01 2019-01-01 9237 21627 -12390 -12390 83 Paypal Holdings P 2017-01-01 2019-01-01 9404 6676 2728 2728 204 Procter & Gamble P 2017-01-01 2019-01-01 23902 12353 11549 11549 410 Quanta Svcs Inc P 2017-01-01 2019-01-01 16681 15012 1669 1669 627 State Street Corp P 2017-01-01 2019-01-01 44281 30476 13805 13805 110 T Mobile US Inc P 2017-01-01 2019-01-01 8502 7258 1244 1244 742 Trimble Inc P 2017-01-01 2019-01-01 29676 25543 4133 4133 22 Ulta Beauty Inc P 2017-01-01 2019-01-01 6666 5427 1239 1239 120 Union Pacific Corp P 2017-01-01 2019-01-01 21468 5381 16087 16087 203 Valero Energy Corp P 2017-01-01 2019-01-01 18990 13056 5934 5934 121 Visa Inc P 2017-01-01 2019-01-01 19985 5743 14242 14242 197 Voya Finl Inc P 2017-01-01 2019-01-01 10550 8687 1863 1863 150 Walmart P 2017-01-01 2019-01-01 17945 14282 3663 3663 102 Xilinx Inc P 2017-01-01 2019-01-01 12008 8214 3794 3794 105 YUM Brands P 2017-01-01 2019-01-01 10383 3782 6601 6601 536312 false 2873231 29294299 0.09808 2392024 28648766 0.08350 2217974 25839763 0.08584 1995248 22713843 0.08784 1155446 15393921 0.07506 0.430315 0.086063 27606101 2375864 10237 2386101 3479870 X 10237 10237 10237 21680 21680 X 20 11423 11423 false false false false false false false true true DE MA true false false false false true BERKSHIREBANK.COM LORI GAZZILLO-KIELY 4132363733 PO BOX 1308 PITTSFIELD MA 01202 false false false false false false false false false false false false false false false false false false false false false false MICHAEL J FERRY 24 NORTH STREET PITTSFIELD MA 01201 Chairman 0.00 0 RICHARD A MAROTTA 24 NORTH STREET PITTSFIELD MA 01201 Director 0.00 0 LORI GAZZILLO-KIELY 24 NORTH STREET PITTSFIELD MA 01201 Secretary 40.00 185426 J WILLIAR DUNLAEVY 24 NORTH STREET PITTSFIELD MA 01201 Director 0.00 0 JAMES MOSES 24 NORTH STREET PITTSFIELD MA 01201 Treasurer 0.00 0 SEAN A GRAY 24 NORTH STREET PITTSFIELD MA 01201 Director 0.00 0 D JEFFREY TEMPLETON 24 NORTH STREET PITTSFIELD MA 01201 Director 0.00 0 ROBERT M CURLEY 24 NORTH STREET PITTSFIELD MA 01201 Director 0.00 0 THOMAS R BARNEY 24 NORTH STREET PITTSFIELD MA 01201 VICE-CHAIR 0.00 0 NONE BERKSHIRE BANK INC PO BOX 1308 PITTSFIELD MA 01202 CUSTODIAL / ADVISOR 478360 26973269 1016036 37193 28026498 0 28026498 420397 27606101 1380305 1380305 10237 10237 1370068 1370068 1370068 3479870 3479870 10237 3469633 1370068 410384 888178 1021934 1001010 1451810 4773316 3479870 0 1370068 2109802 6883118 0 410384 6472734 888178 1021934 1001010 1451810 2109802 LORI GAZZILLO-KIELY EXECUTIVE DIREC 24 NORTH STREET PO BOX 1308 PITTSFIELD MA 01202 4134471722 LKIELY@BERKSHIREBANK.COM WRITTEN APPLICATION INCLUDING IRS DETERMINATION LETTER OF 501(C)(3) STATUS, CURRENT BOARD LIST, BOARD APPROVED OPERATING BUDGET AND MOST RECENT ANNUAL REPORT, FORM 990 AND FINANCIAL AUDIT REPORT. 15TH OF DECEMBER, MARCH, JUNE AND SEPTEMBER. ONLY TAX EXEMPT ORGANIZATION THAT QUALIFY AS A SECTION 501(C)(3) PUBLIC CHARITY. SEE ATTACHED LISTING VARIOUS PITTSFIELD MA 01201 NONE N/A SEE ATTACHED LISTING 3021648 3021648 SEE ATTACHED LISTING VARIOUS PITTSFIELD MA 01201 NONE N/A SEE ATTACHED LISTING 695863 695863 14 621057 14 536312 1157369 1157369 false false false false false false false false false false Audit 12500 0 0 12500 INVESTMENTS IN MARKETABLE SECURITIES AT COST 22349142 27302286 accrued income 64964 Accrued income 68843 64964 Collection - Popcorn Wagon 37193 37193 COLLECTION - POPCORN WAGON 37193 Filing fees 250 250 Management fees 160759 160759 Marketing 250 250 Membership fees 500 500 Office expense 5040 5040 Special projects expense 23135 23135 Travel 29268 29268 ROUNDING 2 Bookkeeping 7141 0 0 7141 Investment fees 132175 132175 0 0 Other professional fees 33953 0 0 33953 Federal excise tax 10332 Foreign taxes 1488 1488