# EDGAR Filing Document

**Accession Number:** 0001038199
**File Stem:** 0001493152-23-006102
**Filing Date:** 2023-2
**Character Count:** 163784
**Document Hash:** 6a79e0eca780824b379936c78ff1ca3c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-006102.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001493152-23-006102

**CONFORMED SUBMISSION TYPE**: 485BPOS

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**EFFECTIVENESS DATE**: 20230227

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BULLFINCH FUND INC
- **CENTRAL INDEX KEY:** 0001038199
- **IRS NUMBER:** 161516377
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08191
- **FILM NUMBER:** 23674471

**BUSINESS ADDRESS:**
- **STREET 1:** 3909 RUSH MENDON ROAD
- **CITY:** MENDON
- **STATE:** NY
- **ZIP:** 14506
- **BUSINESS PHONE:** 5856243150

**MAIL ADDRESS:**
- **STREET 1:** 3909 RUSH MENDON ROAD
- **CITY:** MENDON
- **STATE:** NY
- **ZIP:** 14506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BULLDOG FUND INC
- **DATE OF NAME CHANGE:** 19970423
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BULLFINCH FUND INC
- **CENTRAL INDEX KEY:** 0001038199
- **IRS NUMBER:** 161516377
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-26321
- **FILM NUMBER:** 23674470

**BUSINESS ADDRESS:**
- **STREET 1:** 3909 RUSH MENDON ROAD
- **CITY:** MENDON
- **STATE:** NY
- **ZIP:** 14506
- **BUSINESS PHONE:** 5856243150

**MAIL ADDRESS:**
- **STREET 1:** 3909 RUSH MENDON ROAD
- **CITY:** MENDON
- **STATE:** NY
- **ZIP:** 14506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BULLDOG FUND INC
- **DATE OF NAME CHANGE:** 19970423

## Series and Classes Contracts Data

### Unrestricted Series (Series ID: S000012121)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000033060 | Unrestricted Series | BUNRX           |
| C000110249 | C000033060          |  |

### Greater Western New York Series (Series ID: S000012122)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000033061 | Greater Western New York Series | BWNYX           |
| C000110250 | C000033061                      |  |

```

                                  UNITED STATES
                       Securities and Exchange Commission
                             Washington, DC. 20549

                                  FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933                        X

Post-Effective Amendment No. 37                                                X
and
THE INVESTMENT COMPANY ACT OF 1940                                             X
Amendment No. 37                                                               X

Bullfinch Fund, Inc.
(Exact Name of Registrant as Specified in Charter)
3909 Rush Mendon Road, Mendon, NY  14506
 (Address of Principal Executive Offices)

585-624-3150

(Registrant's Telephone Number)

Christopher Carosa
3909 Rush Mendon Road, Mendon, NY 14506
 (Name and Address of Agent for Service)

Approximate  Date  of Proposed Public Offering: As soon as practicable after the
effective date of this registration.

--------------------------------------------------------------------------------

It  is  proposed  that this filing will become effective (check appropriate box)
   [x] immediately upon filing pursuant to paragraph(b)
   [ ] on (date) pursuant to paragraph (b)
   [ ] 60 days after filing pursuant to paragraph (a)
   [ ] on (date) pursuant to paragraph (a) of rule 485

                                      -1-
<PAGE>

PROSPECTUS
BULLFINCH  FUND, INC.
3909 Rush Mendon Road
Mendon, NY 14506

1-888-BULLFINCH
(1-888-285-5346)

February 27, 2023

Unrestricted Series (Ticker: BUNRX)
Greater Western New York Series (Ticker: BWNYX)
1940 Act Number: 811-08191;      1933 Act Number: 333-26321

      TABLE OF CONTENTS                                       PAGE
Bullfinch Fund Description                               Front Cover
Unrestricted Series:
   Risk Return Summary: Investment Objectives/Goals             2
   Risk Return Summary: Fee Table                               2
   Principal Investment Strategies of the Series                2
   Principal Risks of Investing in the Series                   3
   Who should invest?                                           3
   Who should not invest?                                       3
   Bar Chart and Performance Table                              3
   Management                                                   4
   Purchasing and Redeeming Shares                              4
   Tax Information                                              4
Greater Western New York Series:
   Risk Return Summary: Investment Objectives/Goals             5
   Risk Return Summary: Fee Table                               5
   Principal Investment Strategies of the Series                5
   Principal Risks of Investing in the Series                   6
   Who should invest?                                           6
   Who should not invest?                                       6
   Bar Chart and Performance Table                              6
   Management                                                   7
   Purchasing and Redeeming Shares                              7
   Tax Information                                              7
Additional information about investment strategies
 and risk considerations                                        8
Investment adviser                                              8
Disclosure Regarding the Board of Directors' Approval of
 the Investment Advisory Contract                               8
Disclosure Regarding the Fund's Portfolio Manager               9
Pricing of shares                                              10
Purchase of shares and reinvestment                            10
Market Timing Restrictions                                     11
Initial Investments                                            11
Subsequent purchases                                           12
Reinvestment                                                   12
Fractional shares                                              12
Individual Retirement Accounts                                 12
Pension, Profit-Sharing, 401-k plans                           13
Redemption of shares                                           13
Redemption in kind                                             13
Tax status                                                     13
Financial highlights                                           14
Application                                                    15
Form W-9                                                       16
Annual and special meetings                                    17
Reports to shareholders                                        17
Transfer Agent                                                 17
Custodian                                                      17
IRA trustee                                                    17
Independent Auditors                                           17
Contact  and other Information                            Back Cover

                                      -2-
<PAGE>

                           BULLFINCH FUND, INC.
                  3909 RUSH MENDON ROAD, MENDON,  NY 14506
               1-888-BULLFINCH (1-888-285-5346) 585-624-3150

PROSPECTUS                                                  February 27, 2023

The Bullfinch Family of Mutual Funds
The  Bullfinch  Fund,  Inc.  (the "Fund") is an open-end non-diversified manage-
ment  investment company organized under the Investment Company Act of 1940. The
Fund  offers  separate  series - the Unrestricted Series and the Greater Western
New  York  Series  - (individually and collectively known as the "Series"). Each
Series  is  a  separate investment portfolio having its own investment objective
and policies.

Unrestricted Series
The  Unrestricted  Series  seeks  conservative  (i.e., one which seeks to reduce
downside risk) long-term growth in capital.

Greater Western New York Series
The Greater Western New York Series seeks capital appreciation.

It  is important to note that the Fund's shares are not guaranteed or insured by
the  FDIC  or any other agency of the U.S. government. As with any investment in
common stocks, which are subject to wide fluctuations in market value, you could
lose money by investing in the Fund.

         These securities have not been approved or disapproved by the
       Securities and Exchange Commission, nor has the Commission passed
                     upon the accuracy or adequacy of this
                 prospectus. Any representation to the contrary
                              is a criminal offense.

                                      -2-
<PAGE>
UNRESTRICTED SERIES

RISK/RETURN SUMMARY: INVESTMENT OBJECTIVES/GOALS
The  Unrestricted  Series  seeks  conservative  (i.e., one which seeks to reduce
downside risk) long-term growth in capital.

RISK/RETURN SUMMARY: FEE TABLE
This  table describes the fees and expenses that you may pay if you buy and hold
shares of the Series.

Shareholder Fees (fees paid directly from your investment)

 Maximum Sales Charge (Load) imposed on Purchases                   None
 Maximum Deferred Sales Charge (Load)                               None
Maximum Sales Charge (Load) imposed on Reinvested Dividends None

Redemption Fee (as a percentage of

 amount redeemed, if applicable) None

 Exchange Fee                                                       None
 Maximum Account Fee                                                None

Annual Series' Operating Expenses (expenses that you pay each year as a
   percentage of the value of your investment)

Management Fees                                                     1.02%
 Distribution [and/or Service](12b-1) Fees                          None
 Other Expenses                                                     0.34
 Total Annual Series Operating Expenses                             1.36%

Example
This Example is intended to help you compare the cost of investing in the Series
with the cost of investing in other mutual funds.

The  Example  assumes that you invest $10,000 in the Series for the time periods
indicated  and  then  redeem all of your shares at the end of those periods. The
example also assumes that your investment has a 5% return each year and that the
Series'  operating  expenses  remain the same. Although your actual costs may be
higher or lower, based on these assumptions your costs would be:

        1 year          3 years         5 years         10 years
        $  143          $450           $  789          $1,796

Portfolio Turnover

The  Series  pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate may
indicate  higher  transaction  costs  and may result in higher taxes when Series
shares  are  held  in a taxable account. These costs, which are not reflected in
annual  Series  operating  expenses  or  in  the  example,  affect  the Series's
performance. During the most recent fiscal year, the

Series' portfolio turnover rate was 2.86% of the average value of its

Portfolio.

RISK/RETURN SUMMARY: INVESTMENTS, RISKS AND PERFORMANCE

Principal Investment Strategies of the Series

The  Unrestricted  Series  uses  a  Value  approach  in its securities selection
process.  The Adviser emphasizes fundamental corporate considerations related to
the  prospects  of  the  issuer  and its industry. These considerations include:
Business,   Management,   Financial   and  Price.  The  Adviser  tries  to  pick
conservative  (i.e., those which appear to possess reduced downside risk) common
stocks   (which   include  both  exchange-listed  and  Over-the-Counter  ("OTC")
securities),  including  both domestic and foreign issuers and with no limits on
the  types  of  OTC  investments  it may hold. Foreign issuers may include those
located in foreign markets. Foreign securities are ADRs.

Using  a  proprietary screening system based in part on the fundamental criteria
listed  below  the  Adviser  screens  a varied universe of (approximately 9,000)
common  stocks  to  identify  investment  candidates.  These candidates are then
placed  into  one  of three proprietary common stock sectors: Defensive, Classic
Value

and Opportunistic. These categories represent where candidate stocks fall based
on the fundamental criteria. Defensive candidates tend to have lower risk/lower
return prospects than Classic Value candidates. Classic Value candidates pass
financial considerations (in general, this means low-to-no debt relative to
working capital, a current ratio in excess of two, consistent long-term growth
and no negative earnings years.) Opportunistic candidates tend to have
higher risk/higher return prospects relative to Classic Value candidates.

Before a candidate is purchased, the Adviser
assigns at least four prices to it: a severe market low, a buy price, a two-
year sell price and a five-year sell price. In addition, the Adviser assigns
all candidates a unique risk/return characteristic using the Adviser's
proprietary risk/return analytical system.

In  general,  the  three  common  stock  sectors represent the common stock risk
return  spectrum.  The  Adviser  seeks  to  invest  in Opportunistic stocks that
exhibit  more  favorable  risk/return characteristics than Classic Value stocks.
Likewise,  the Adviser seeks to invest in Classic Value stocks that exhibit more
favorable  risk/return  characteristics  than  Defensive  stocks.  Finally,  the
Adviser  seeks  to  invest  in  Defensive  stocks  that  exhibit  more favorable
risk/return  characteristics than U.S. Treasuries maturing in five years. In the
rare  case  where  no  available  candidate  stock  exhibits  a  more  favorable
risk/return  characteristic  compared to U.S. Treasuries maturing in five years,
then the Series will invest in U.S. Treasuries maturing within five years.

Assets  in  the  Unrestricted  Series may take a temporary defensive position by
investing  in  money  market  funds  for  temporary  investment in attempting to
respond  to adverse market, economic, political, or other conditions. The Series
may  not  achieve  its  investment  objective  while  it  is  in  this temporary
investment.

The  term  "Unrestricted"  in "Unrestricted Series" does not refer to a specific
investment  but  instead  refers  to  the  Series' strategy with respect to four
investment  sectors  (the three common stock sector and U.S. Treasuries maturing
in five years) and not anything else.

We  will  sell  the  securities when other securities exhibit better risk/return
characteristics.  The two-year sell price acts as an early warning indicator the
stock  might  be  approaching  a  less favorable risk/return characteristic. The
five-year  price  will  generally  indicate  the stock has exceeded its limit of
favorability  regarding  its  risk/return characteristic. In this case the stock
will be sold.

It should be noted the Adviser attempts to employ proprietary techniques derived
from  behavioral  economics  when determining the best time to both buy and sell
individual   securities.  Aspects  influencing  these  techniques  include  both
macroeconomic and microeconomic factors pertaining both to the market as a whole
and the individual stock in particular.

The  Series  invests in the securities of companies with small, medium and large
capitalization.  Small  Cap  is less than $1.5 billion in market cap; Mid cap is
between  $1.5  billion  and  $5  billion; and Large cap is more than $5 billion.
These  ranges are determined by the Adviser. The Adviser classifies and compares
potential investments using the following criteria:

     - Balance Sheet (emphasizing low debt and sufficient working capital)
     - Income Statement Data (emphasizing at least modest earnings growth)
     - The Company's Current Dividend Policy (emphasizing growth)
     - Stock Price (looking for historically low valuations)

The Adviser believes each Series
has the potential of achieving the highest return
by investing in
companies with strong financials whose stocks sell at historically low prices.

The  Adviser  uses  the  above  criteria in order to, over long periods of time,
increase  potential  returns  and  reduce  the  risk  of  price  declines of the
investments of the Series. The Adviser may purchase a particular company's stock
with up to 25% of Series' assets.

The  Series'  investment  objective is not fundamental and may be changed by the
Board  of  Directors  without  shareholder approval; however, it is the Board of
Directors'  policy  to  notify  shareholders prior to any material change in any
Series' objective. There is no timing requirement for notifying shareholders.

Principal Risks of Investing in the Series

Potential Loss of Money Risk: As with any investment in the common stocks, there
is  always a risk some portion of the original investment will be lost and there
are  no  guarantees the investor will be able to realize gains and may, in fact,
realize losses.

U.S.  Treasury Risk: Although U.S. Treasuries are backed by the U.S. government,
those  government  policies  may change both in terms of the payment of interest
and  in  the  payment  of principal. Furthermore, while holding a treasury until
maturity can guarantee principal, selling a treasury prior to maturity or buying
a treasury subsequent to issue date may put principal at risk.

Non-Diversification  Risk.  The  Series  is  non-diversified. Because the Series
invests  a  higher percentage of assets in fewer holdings than the average stock
fund does, the Series is subject to the risk of a price decline or loss due to a
change in value of one, or a few of its portfolio holdings.

Common  Stock  Risk.  The  rights  of  common  stock  holders are subordinate to
preferred stocks and bonds.

Multi-Cap Companies Risk.
An  additional  risk  will  be  from the Series' investments in small and medium
capitalization  (cap)  stocks.  Generally,  these  stocks  have  higher risks of
business  failure,  lesser liquidity and greater volatility in market price. Due
to  these  factors,  small  and  medium cap stocks have a greater possibility of
price decline or loss as compared to large cap stocks. Since the Series may hold
small,  medium  and  large cap stocks it is riskier than a fund which holds only
large cap stocks.

OTC  Risk:  Securities  traded  on  OTC  markets are not listed and traded on an
organized  exchange such as the New York Stock Exchange ("NYSE"). Generally, the
volume  of trading in an unlisted or OTC common stock is less than the volume of
trading  in  an exchange-listed stock. As a result, the market liquidity of some
stocks in which the Series invest may not be as great as that of exchange-listed
stocks and, if the Series were to dispose of such stocks, the Series may have to
offer  the  shares at a discount from recent prices, or sell the shares in small
lots  over  an extended period of time. In addition, penny stocks and pink sheet
stocks  can  be  classified as OTC stocks. The Fund may hold these stocks, which
have  considerable risks. First, it may be difficult to obtain financial data on
such  stocks.  This  makes  fundamental  analysis  very difficult. Second, these
classes  of stocks are notoriously difficult to sell, meaning there will be some
liquidity  risk  associated  with  holding  them.  OTC Investments are generally
limited to equities with sufficient liquidity.

ADR  Risk:  ADRs  are alternatives to directly purchasing the underlying foreign
securities  in  their national markets and currencies. However, ADRs are subject
to  many  of the risks associated with investing directly in foreign securities,
which are further described below.

Foreign  Security  Risk:  Foreign  issuers  may include those located in foreign
markets.  Foreign  securities  are  ADRs.  We  reserve  the  freedom to use them
although  there  may  be  times  when  we do not hold them. Investing in issuers
located  in  foreign countries poses distinct risks since political and economic
events  unique  to  a  country  or  region  will  affect those markets and their
issuers.  These  events  will not necessarily affect the U.S. economy or similar
issuers  located  in  the  United  States.  In  addition, investments in foreign
countries  are generally denominated in a foreign currency. As a result, changes
in  the  value  of  those  currencies  compared  to  the  U.S. dollar may affect
(positively  or  negatively) the value of the Funds' investments. These currency
movements  may  happen  separately  from  and  in response to events that do not
otherwise  affect  the value of the security in the issuer's home country. These
various  risks will be even greater for investments in emerging market countries
since political turmoil and rapid changes in economic conditions are more likely
to occur in these countries.

Large  Shareholder  Concentration  Risk: From time to time, certain shareholders
may  accumulate  a  proportionally higher percentage of shares compared to other
shareholders. These "large" shareholders may present a risk should they consider
redeemed  their  entire  holdings at once if the underlying holdings of the fund
are  concurrently  experiencing  a  liquidity  risk as outlined above under "OTC
Risk."

Management  Risk:  The  Adviser's  judgments  about the attractiveness, relative
value, or potential appreciation of a particular stock may prove to be incorrect
as  there  is a risk company management may not execute its strategy as expected
by the Adviser.

WHO  SHOULD  INVEST?  Investors who are seeking potential long-term appreciation
and  are  willing  to  own  stocks,  in a portfolio, selected and managed by the
Series'  investment  adviser.  Long-term,  as  determined  by management and the
investment adviser, is at least five years.

WHO  SHOULD  NOT  INVEST?  Investors  not  willing to accept the risks of owning
stocks in a managed portfolio. The Series are not for investors seeking to trade
the stock market for short-term fluctuations.

BAR CHART AND PERFORMANCE TABLE
(for the periods ending December 31)
The  bar  chart  and  table  shown  below  provide an indication of the risks of
investing  in  the  Unrestricted  Series  by  showing  changes  in  the  Series'
performance  from  year  to  year  over  a 10-year period and by showing how the
Series'  average  annual  returns  for one and three years compare to those of a
broad-based  securities  market  index. How the Series has performed in the past
(before and after taxes) is not necessarily an indication of how the

Series will perform in the

future.

 30%
 29%  27.69%
 28%    XX
 27%    XX
 26%    XX
 25%    XX
 24%    XX                          23.12%
 23%    XX                            XX
 22%    XX                            XX
 21%    XX                            XX
 20%    XX                            XX      19.19%
 19%    XX                            XX        XX
 18%    XX                            XX        XX
 17%    XX                            XX        XX
 16%    XX                            XX        XX
 15%    XX                            XX        XX
 14%    XX 13.20%                     XX        XX
 13%    XX   XX                       XX        XX
 12%    XX   XX      10.80%           XX        XX
 11%    XX   XX        XX             XX        XX
 10%    XX   XX        XX  9.22%      XX        XX
  9%    XX   XX        XX   XX        XX        XX
  8%    XX   XX        XX   XX        XX        XX
  7%    XX   XX        XX   XX        XX        XX
  6%    XX   XX        XX   XX        XX        XX
  5%    XX   XX  4.38% XX   XX        XX  4.13% XX
  4%    XX   XX   XX   XX   XX        XX   XX   XX
  3%    XX   XX   XX   XX   XX        XX   XX   XX
  2%    XX   XX   XX   XX   XX        XX   XX   XX
  1%    XX   XX   XX   XX   XX        XX   XX   XX
  0%---------------------------------------------------------------------------
 -1%                             XX                  XX
 -2%                             XX                  XX
 -3%                             XX                  XX
 -4%                             XX                  XX
 -5%                             XX                  XX
 -6%                             XX                  XX
 -7%                             XX                  XX
 -8%                           -6.83%                XX
 -9%                                                 XX
-10%                                                 XX
-11%                                                 XX
-12%                                                 XX
                                                   -12.35%
        13   14   15   16   17   18    19   20   21   22
      Unrestricted Series

For  the  Unrestricted  Series since inception, in the last 10 years the highest
return  for  a  quarter  was  14.37%  while  the  worst return for a quarter was
-18.37%.  These  returns occurred in quarters ending June 30, 2020 and March 31,
2020, respectively.

               Average Annual Total Returns
              (for the periods ending December 31, 2022)

After-tax  returns  are  calculated  using  the  historically highest individual
Federal  marginal  income  tax  rates and do not reflect the impact of state and
local  taxes. Actual after-tax returns depend on an investor's tax situation and
may differ from those shown, and after-tax returns shown are not

relevant to investors who hold their Fund shares

through tax-deferred arrangements, such as 401(k) plans or

individual retirement accounts.

                                 One     Five     Ten   Since Inception
                                 Year    Years    Years     (7/25/97)
Return Before Taxes             -12.35%   4.53%    8.58%      6.18%
Return After Taxes on
   Distributions                -13.29%   4.05%    7.65%      5.48%
Return After Taxes on Distributions
   and Sale of Series Shares    -12.35%   3.76%    6.91%      4.85%

Value Line Geometric Index*     -20.18%  -0.94%    4.12%      0.80%

*  The  Value  LINE Geometric Index (VLG) is an unmanaged broad-based securities
market  index  of between 1,600 and 1,700 stocks. Value Line states "The VLG was
intended  to  provide a rough approximation of how the median stock in the Value
Line Universe performed. The VLG also has appeal to institutional investors as a
proxy  for  the  so-called 'multi-cap' market because it includes large cap, mid
cap and small cap stocks alike."

 (reflects no deductions for fees, expenses or taxes)

MANAGEMENT
Investment Adviser
Carosa Stanton Asset Management, LLC is the Investment Adviser to the Series and
has continued this service since July 24, 1997.

Portfolio Manager
Mr. Christopher Carosa
is the president of the Investment Adviser as well as serving as the president
and portfolio manager of the Series.  Mr Carosa has managed the Bullfinch
Series' portfolio since July 24, 1997.

PURCHASING AND REDEEMING SHARES
You  may  purchase  or redeem shares of the Series on any business day by either
Hand delivery or mail to: Bullfinch Fund, Inc

3909 Rush Mendon Road
Mendon, NY  14506
Tel: 888-BULLFINCH (1-888-285-5346)

Purchase Minimums
To open an account      $2,500 ($500 for IRAs)
Additional purchases    $   250 ($50 for IRAs)

TAX INFORMATION
The  Series  generally  pays out its distributions (dividends and capital gains)
annually in December and such distributions may be taxable.

Tax  advantaged accounts may not be required to pay taxes on these Distributions
at the time the distribution occurs, however, these accounts could be subject to
taxes upon withdrawal.

GREATER WESTERN NEW YORK SERIES

RISK/RETURN SUMMARY: INVESTMENT OBJECTIVES/GOALS
The Greater Western New York Series seeks capital.

RISK/RETURN SUMMARY: FEE TABLE

This  table describes the fees and expenses that you may pay if you buy and hold
shares of the Series.

Shareholder Fees (fees paid directly from your investment)

 Maximum Sales Charge (Load) imposed on Purchases                   None
 Maximum Deferred Sales Charge (Load)                               None
Maximum Sales Charge (Load) imposed on Reinvested Dividends None

Redemption Fee (as a percentage of

 amount redeemed, if applicable) None

 Exchange Fee                                                       None
 Maximum Account Fee                                                None

Annual Series' Operating Expenses (expenses that you pay each year as

a

   percentage of the value of your investment)

Management Fees                                                     1.10%
 Distribution [and/or Service](12b-1) Fees                          None
 Other Expenses                                                     0.34%
 Total Annual Series Operating Expenses                             1.44%

Example
This Example is intended to help you compare the cost of investing in the Series
with the cost of investing in other mutual funds.

The  Example  assumes that you invest $10,000 in the Series for the time periods
indicated  and  then  redeem all of your shares at the end of those periods. The
example also assumes that your investment has a 5% return each year and that the
Series'  operating  expenses  remain the same. Although your actual costs may be
higher or lower, based on these assumptions your costs would be:

        1 year          3 years         5 years         10 years
        $  151          $  476          $  835          $1,902

Portfolio Turnover

The  Series  pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate may
indicate  higher  transaction  costs  and may result in higher taxes when Series
shares  are  held  in a taxable account. These costs, which are not reflected in
annual  Series  operating  expenses  or  in  the  example,  affect  the  Series'
performance. During the most recent fiscal year, the Greater Western

New  York  Series  portfolio  turnover  rate was 10.00% of the average
value of its

portfolio.

RISK/RETURN SUMMARY: INVESTMENTS, RISKS AND
   PERFORMANCE

Principal Investment Strategies of the Series

The  Greater  Western  New  York  Series uses a Value approach in its securities
selection

process. The Adviser emphasizes fundamental corporate considerations related
to the prospects of the issuer and its industry. These considerations
include: Business, Management, Financial and Price. The Adviser tries to pick
conservative (i.e., those which appear to possess reduced downside risk)
common stocks (which include both exchange-listed and Over-the-Counter ("OTC")
securities). Under normal
conditions,
the Adviser invests at least 80% of the Fund's net assets plus amounts
borrowed for investment purposes (if any) in
securities of companies with an important economic presence in the
Greater  Western  New  York  Region of New York. In addition to the common stock
selection  criteria  described  above,  the  Adviser  may also consider industry
diversification,  liquidity,  and  market  capitalization.  To  be  eligible for
inclusion  in  the Greater Western New York Series' portfolio, a stock currently
must meet the following criteria:

     -  The stock must be issued either by a company that employs at least
           fifty persons in the Greater Western New York Region; or
     -  The stock must be issued by a Company that has a capital investment
           (including annual payroll) in the Greater Western New York Region of
           greater than $1,000,000; or,
     -  The stock must be of a Company that maintains its corporate
           headquarters in the Greater Western New York Region.

The  Greater  Western  New York Region includes the following New York
State Counties:

  - Allegany    - Cattaraugus      - Chautauqua    - Chemung     - Erie
  - Genesee     - Livingston       - Monroe        - Niagara     - Ontario
  - Orleans     - Schuyler         - Seneca        - Steuben     - Wayne
  - Wyoming     - Yates

The  above  80%  investment policy is not fundamental but is a policy adopted by
the  Board of Directors. This policy cannot be changed by the Board of Directors
without  notifying  shareholders in writing 60 days prior to any material change
in the Series' objective.

Before a candidate is purchased, the Adviser
assigns at least four prices to it: a severe market low, a buy price, a two-
year sell price and a five-year sell price. In addition, the Adviser assigns
all candidates a unique risk/return characteristic using the Adviser's
proprietary risk/return analytical system.

Assets  in  the  Greater  Western New York Series may take a temporary defensive
position by

investing in money market funds for temporary investment in attempting to
respond to adverse market, economic, political, or other conditions. The
Series  may  not  achieve its investment objective while it is in this temporary
investment.

We  will  sell  the  securities when other securities exhibit better risk/return
characteristics.  The two-year sell price acts as an early warning indicator the
stock  might  be  approaching  a  less favorable risk/return characteristic. The
five-year  price  will  generally  indicate  the stock has exceeded its limit of
favorability  regarding  its  risk/return characteristic. In this case the stock
will be sold.

It should be noted the Adviser attempts to employ proprietary techniques derived
from  behavioral  economics  when determining the best time to both buy and sell
individual   securities.  Aspects  influencing  these  techniques  include  both
macroeconomic and microeconomic factors pertaining both to the market as a whole
and the individual stock in particular.

The  Series  invests in the securities of companies with small, medium and large
capitalization.  Small  Cap  is less than $1.5 billion in market cap; Mid cap is
between  $1.5  billion  and  $5  billion; and Large cap is more than $5 billion.
These  ranges are determined by the Adviser. The Adviser classifies and compares
potential investments using the following criteria:

     - Balance Sheet (emphasizing low debt and sufficient working capital)
     - Income Statement Data (emphasizing at least modest earnings growth)
     - The Company's Current Dividend Policy (emphasizing growth)
     - Stock Price (looking for historically low valuations)

The Adviser believes each Series
has the potential of achieving the highest return
by investing in
companies with strong financials whose stocks sell at historically low prices.

The  Adviser  uses  the  above  criteria in order to, over long periods of time,
increase  potential  returns  and  reduce  the  risk  of  price  declines of the
investments of the Series. The Adviser may purchase a particular company's stock
with up to 25% of each Series' assets.

Principal Risks of Investing in the Series

Potential Loss of Money Risk: As with any investment in the common stocks, there
is  always a risk some portion of the original investment will be lost and there
are  no  guarantees the investor will be able to realize gains and may, in fact,
realize losses.

U.S.  Treasury Risk: Although U.S. Treasuries are backed by the U.S. government,
those  government  policies  may change both in terms of the payment of interest
and  in  the  payment  of principal. Furthermore, while holding a treasury until
maturity can guarantee principal, selling a treasury prior to maturity or buying
a treasury subsequent to issue date may put principal at risk.

Non-Diversification  Risk.  The  Series  is  non-diversified. Because the Series
invests  a  higher percentage of assets in fewer holdings than the average stock
fund does, the Series is subject to the risk of a price decline or loss due to a
change in value of one, or a few of its portfolio holdings.

Common  Stock  Risk.  The  rights  of  common  stock  holders are subordinate to
preferred stocks and bonds.

Multi-Cap Companies Risk.
An  additional  risk  will  be  from the Series' investments in small and medium
capitalization  (cap)  stocks.  Generally,  these  stocks  have  higher risks of
business  failure,  lesser liquidity and greater volatility in market price. Due
to  these  factors,  small  and  medium cap stocks have a greater possibility of
price decline or loss as compared to large cap stocks. Since the Series may hold
small,  medium  and  large cap stocks it is riskier than a fund which holds only
large cap stocks.

OTC  Risk:  Securities  traded  on  OTC  markets are not listed and traded on an
organized  exchange such as the New York Stock Exchange ("NYSE"). Generally, the
volume  of trading in an unlisted or OTC common stock is less than the volume of
trading  in  an exchange-listed stock. As a result, the market liquidity of some
stocks in which the Series invest may not be as great as that of exchange-listed
stocks and, if the Series were to dispose of such stocks, the Series may have to
offer  the  shares at a discount from recent prices, or sell the shares in small
lots  over  an extended period of time. In addition, penny stocks and pink sheet
stocks  can  be  classified as OTC stocks. The Fund may hold these stocks, which
have  considerable risks. First, it may be difficult to obtain financial data on
such  stocks.  This  makes  fundamental  analysis  very difficult. Second, these
classes  of stocks are notoriously difficult to sell, meaning there will be some
liquidity  risk  associated  with  holding  them.  OTC Investments are generally
limited to equities with sufficient liquidity.

Special  Risks  of  Investing in Micro-Cap Stocks. Micro cap companies typically
have relatively lower revenues, limited product lines, lack of management depth,
higher  risk  of insolvency and a smaller share of the market for their products
or services than larger capitalization companies. Generally, the share prices of
micro-cap company stocks are more volatile than those of larger companies. Thus,
the  Series'  share  price may increase or decrease by a greater percentage than
the  share  prices  of funds that invest in the stocks of large companies. Also,
the  returns of micro-cap company stocks may vary, sometimes significantly, from
the  returns  of  the overall market. Micro cap companies tend to perform poorly
during  times of economic stress. Finally, relative to large company stocks, the
stocks  of  micro  cap  companies are thinly traded, and purchases and sales may
result in higher transactions costs.

Special  Risks  of  Focusing  in a Single Geographic Region. Because the Greater
Western  New  York  Series  invests  primarily  in securities of issuers with an
important  economic  presence in the Greater Western New York Region in New York
State,  the value of that Series' portfolio also will be affected by the special
economic  and  other  factors  that  might affect issuers located in or having a
significant  presence  in the region. The volatility associated with investments
in  stocks  is  likely to be greater where, as here, the Series' investments are
primarily  from a distinct region of a single state. A change in the economic or
regulatory  environment of the region or the state will have a greater impact on
the  Series  than  on  a  portfolio whose investments reflect a wider geographic
distribution  (for  example,  the  Unrestricted  Series). Moreover, it should be
noted that numerous economic and political factors can have a detrimental effect
on  businesses  within  a  state. Among those factors that have contributed to a
challenging climate for businesses in New York are high taxes, high energy costs
and the high costs of workers' compensation insurance.

Large  Shareholder  Concentration  Risk: From time to time, certain shareholders
may  accumulate  a  proportionally higher percentage of shares compared to other
shareholders. These "large" shareholders may present a risk should they consider
redeemed  their  entire  holdings at once if the underlying holdings of the fund
are  concurrently  experiencing  a  liquidity  risk as outlined above under "OTC
Risk."

Management  Risk:  The  Adviser's  judgments  about the attractiveness, relative
value, or potential appreciation of a particular stock may prove to be incorrect
as  there  is a risk company management may not execute its strategy as expected
by the Adviser.

WHO  SHOULD  INVEST?  Investors who are seeking potential long-term appreciation
and  are  willing  to  own  stocks,  in a portfolio, selected and managed by the
Series'  investment  adviser.  Long-term,  as  determined  by management and the
investment adviser, is at least five years.

WHO  SHOULD  NOT  INVEST?  Investors  not  willing to accept the risks of owning
stocks in a managed portfolio. The Series are not for investors seeking to trade
the stock market for short-term fluctuations.

BAR CHART AND PERFORMANCE TABLE
(for the periods ending December 31)
The  bar  chart  and  table  shown  below  provide an indication of the risks of
investing  in  the  Greater  Western  New York Series by showing changes in each
Series'  performance  from year to year over a 10-year period and by showing how
each  Series' average annual returns for one and three years compare to those of
a broad-based securities market index. How each Series has performed in the past
(before and after taxes) is not necessarily an indication

of how each Series will perform in the

future.

 34% 32.49%
 33%  XX
 32%  XX
 31%  XX
 30%  XX
 29%  XX
 28%  XX
 27%  XX
 26%  XX
 25%  XX
 24%  XX
 23%  XX
 22%  XX
 21%  XX
 20%  XX                          19.44%
 19%  XX                            XX
 18%  XX                            XX
 17%  XX                            XX
 16%  XX                            XX
 15%  XX                            XX
 14%  XX                            XX      12.97%
 13%  XX                            XX        XX
 12%  XX                            XX        XX
 11%  XX 10.60%                     XX        XX
 10%  XX   XX                       XX        XX
  9%  XX   XX                       XX        XX
  8%  XX   XX                       XX        XX
  7%  XX   XX       6.47%           XX        XX
  6%  XX   XX        XX  5.06%      XX        XX
  5%  XX   XX        XX   XX        XX        XX
  4%  XX   XX        XX   XX        XX        XX
  3%  XX   XX        XX   XX        XX        XX
  2%  XX   XX        XX   XX        XX  1.48% XX
  1%  XX   XX        XX   XX        XX   XX   XX
  0%---------------------------------------------------------------------------
 -1%            XX             XX                  XX
 -2%          -0.87%           XX                  XX
 -3%                           XX                  XX
 -4%                           XX                  XX
 -5%                           XX                  XX
 -6%                           XX                  XX
 -7%                           XX                  XX
 -8%                           XX                -6.99%
 -9%                         -8.56%

      13   14   15   16   17   18    19  20   21   22
          Greater Western New York Series

For  the  Greater  Western  New  York Series over the last ten years the highest
return  for  a  quarter  was  16.00%  while  the  worst return for a quarter was
-14.17%.  These  returns occurred in quarters ending December 31, 2020 and March
31, 2020, respectively.

               Average Annual Total Returns
               (For the periods ending December 31, 2022)

After-tax  returns  are  calculated  using  the  historically highest individual
Federal  marginal  income  tax  rates and do not reflect the impact of state and
local  taxes. Actual after-tax returns depend on an investor's tax situation and
may differ from those shown, and after-tax returns shown are not

relevant to investors who hold their Fund shares

through tax-deferred arrangements, such as 401(k) plans or

individual retirement accounts.

                                 One     Five     Ten        Since Inception
                                 Year    Years    Years             (12/30/97)
Return Before Taxes             -6.99%    3.09%    6.59%                4.88%

Return After Taxes on
   Distributions                -7.33%    2.68%    5.89%                4.54%

Return After Taxes on Distributions
   and Sale of Series Shares    -6.81%    0.45%    5.28%                3.94%

Value Line Geometric Index*    -20.18%   -0.94%    4.12%               -0.94%

*  The  Value  LINE Geometric Index (VLG) is an unmanaged broad-based securities
market  index  of between 1,600 and 1,700 stocks. Value Line states "The VLG was
intended  to  provide a rough approximation of how the median stock in the Value
Line Universe performed. The VLG also has appeal to institutional investors as a
proxy  for  the  so-called 'multi-cap' market because it includes large cap, mid
cap and small cap stocks alike."

 (reflects no deductions for fees, expenses or taxes)

MANAGEMENT
Investment Adviser
Carosa Stanton Asset Management, LLC is the Investment Adviser to the Series and
has continued this service since July 24, 1997.

Portfolio Manager
Mr. Christopher Carosa
is the president of the Investment Adviser as well as serving as the president
and portfolio manager of the Series.  Mr Carosa has managed the Bullfinch
Series' portfolio since July 24, 1997.

PURCHASING AND REDEEMING SHARES
You  may  purchase  or redeem shares of the Series on any business day by either
Hand delivery or mail to: Bullfinch Fund, Inc

3909 Rush Mendon Road
Mendon, NY  14506
Tel: 888-BULLFINCH (1-888-285-5346)

Purchase Minimums
To open an account      $2,500 ($500 for IRAs)
Additional purchases    $   250 ($50 for IRAs)

TAX INFORMATION
The  Series  generally  pays out its distributions (dividends and capital gains)
annually in December and such distributions may be taxable.

ADDITIONAL INFORMATION ABOUT PRINCIPAL
 INVESTMENT STRATEGIES
RELATED RISKS AND DISCLOSURE OF PORTFOLIO HOLDINGS

The  Bullfinch Fund is an open-ended, non-diversified investment company. Except
as  otherwise noted in the specific case of the Greater Western New York Series,
the  Fund's investment objectives are non-fundamental and can be changed without
shareholder approval.

There  is  no  guarantee that the adviser's valuations are accurate. Even when a
stock  is  purchased  below  its  perceived  fair value, there may be unforeseen
changes in the business which may lead to a decline in value for the stock.

INVESTMENT ADVISER

The  overall  business and affairs of the Fund is managed by the Fund's Board of
Directors.  The  Board  approves all significant agreements between the Fund and
persons  or  companies  furnishing  services  to  the Fund, including the Fund's
agreements  with its Investment Adviser and Custodian. The day-to-day operations
of  the  Fund  are  delegated to the Fund's officers and to Carosa Stanton Asset
Management, LLC (the "Adviser"), 3909 Rush Mendon Road,

Mendon,  New York 14506. Christopher Carosa, President of the Fund and President
of  the Fund's Investment Adviser, will be primarily responsible for the day-to-
day management of the Series' portfolios.

The  Board  meets  regularly  four  times  a year to review Fund performance and
operations.

The Board may convene a special meeting under certain circumstances.

Carosa  Stanton  Asset  Management,  LLC is a New York Limited Liability Company
that acts as an Investment Adviser to the Fund. Carosa Stanton Asset Management,
LLC,  began  accepting  private portfolio management clients in February of 1997
and currently manages

twenty-five portfolios and approximately thirty-sever million dollars under
management as of February 27, 2023.

Mr. Carosa serves as Chief Compliance Officer of the Fund.

Mr.  Carosa  has  direct responsibility for day to day management of the Series'
portfolios.

The   SAI   provides   additional  information  about  the  Portfolio  Manager's
compensation, other accounts managed by the Portfolio Manager, and the Portfolio
Manager's ownership of securities in the Fund.

On September 24, 1997 the Board of
Directors  of  the  Fund reviewed an Investment Management Agreement with Carosa
Stanton  Asset  Management,  LLC, which was unanimously approved by the Board of
Directors.  This  Agreement  will  continue on a year to year basis, as amended,
provided  that  approval  is voted at least annually by specific approval of the
Board  of  Directors  of the Fund or by vote of the holders of a majority of the
outstanding  voting securities of the Series, but, in either event, it must also
be  approved  by a majority of the directors of the Fund who are neither parties
to the agreement nor interested persons as defined in the Investment Company Act
of  1940  at  a meeting called for the purpose of voting on such approval. Under
the  Agreement,  Carosa  Stanton Asset Manage- ment, LLC will furnish investment
advice  to  the  Fund  on  the basis of a continuous review of the portfolio and
recommend  when  and  to what extent securities should be purchased or disposed.
The Agreement may be terminated at any time, without the payment of any penalty,
by  the  Board  of  Directors or by vote of a majority of the outstanding voting
securities  of  the Series on at least 60 days' written notice to Carosa Stanton
Asset  Management,  LLC.  In  the  event  of  its assignment, the Agreement will
terminate  automatically.  Ultimate decisions as to the investment objective and
policies  are  made  by  the  Fund's  directors. For these services the Fund has
agreed  to  pay  to  the  Adviser  a  fee of 1.25% per year on the first million
dollars  of  net  assets  of  each  Ser-  ies and 1.0% per year on the remaining
portion of net assets of each Series.

All  fees are computed on the average daily closing net asset value of each Ser-
ies  and  are payable monthly in arrears. The Adviser will forgo sufficient fees
to  hold  the  total  expenses of each Series to less than 2.0% of the first $10
million in assets and 1.5% of the next $20 million.

For the fiscal year ending October 31, 2022, both series' expense ratios
remained relatively flat.

below the cap and the Adviser therefore did not reimburse either.

Pursuant  to  its  contract with the Fund, the Investment Adviser is required to
render research, statistical, and Advisory services to the Fund; to make specif-
ic recommendations based on each Series' investment requirements; and to pay the
salaries  of  those  of the Fund's employees who may be officers or directors or
employees of the Investment Adviser. The Fund is responsible for the operat- ing
expenses of each Series, including:

       - interest and taxes;
       - brokerage commissions;
       - insurance premiums
       - compensation and expenses of its Directors other than those affiliated
            with the Adviser;
       - legal and audit expenses;
       - fees and expenses of each Series' Custodian, and Accounting Services
          Agent,  if obtained for any Series from an entity other than
the Adviser;

       - expenses incidental to the issuance of its shares, including  issuance
            on the payment of, or reinvestment of, dividends and capital gain
            distributions;

       - fees and expenses incidental to the registration under federal or
            state securities laws of the Fund and each Series or its shares;
       - expenses of preparing, printing and mailing reports and notices and
            proxy material to shareholders of any Series;

       - all other expenses incidental to holding meetings of the shareholders;
       - dues or assessments of or contributions  to the Investment Company
            Institute or any successor; and
       - such non-recurring expenses as may arise, including litigation
            affecting the Fund and the legal obligations with respect to which
            the Fund may have to indemnify its Officers and Directors.

The Investment Management Agreement states that in connection with its duties to
arrange  for  the  purchase  and the sale of securities held in the portfolio of
each  Series  by  placing  purchase and sale orders for each Series, the Adviser
shall  select  such  broker-dealers  ("brokers")  as  shall,  in  the  Adviser's
judgment, implement the policy of each Series to achieve "best execution", i.e.,
prompt and efficient execution at the most favorable securities price. In making
such  selection,  the  Adviser  is  authorized  in the Agreement to consider the
reliability,  integrity  and  financial  condition  of  the broker, the size and
difficulty  in executing the order and the value of the expected contribution of
the  broker  to the investment performance of each Series on a continuing basis.
The  Adviser  is also authorized to consider whether a broker provides brokerage
and/or  research  services  to each Series and/or other accounts of the Adviser.
Information  or  services  may include economic studies, industry studies, stat-
istical analyses, corporate reports, or other forms of assistance to each Series
or  its Adviser. No effort will be made to determine the value of these services
or  the amount they may reduce expenses of the Adviser or each Series. The Board
of   Directors   will  evaluate  and  review  the  reasonableness  of  brokerage
commissions  paid  on  a  monthly  basis  initially  and after the first year of
operation at least semiannually.

DISCLOSURE REGARDING THE BOARD OF DIRECTORS' APPROVAL OF THE INVESTMENT
ADVISORY CONTRACT
A  discussion  regarding  the  basis  for  the  Board of Directors approving the
renewal of the investment advisory contract is available in the Fund's

annual report to shareholders covering the period ending October 31, 2021.

DISCLOSURE REGARDING THE FUND'S PORTFOLIO MANAGER
Mr.  Carosa,  President  of  the  Fund and President of the Adviser, is the sole
Portfolio  Manager  of  each  Series.  He  has  held  these  positions since the
inception  of  each Series (1997). The SAI provides additional information about
the  Portfolio  Manager's  compensation, other accounts managed by the Portfolio
Manager and the Portfolio Manager's ownership of securities in the Fund.

PRICING OF SHARES
The net asset value of the Series' shares is determined as of the close of busi-
ness  of  the  New York Stock Exchange (the "Exchange") typically 4:00pm Eastern
Time or earlier for days the Exchange closes early for holidays on each business
day  of which that Exchange is open. The Exchange annually announces the days on
which  it  will  not be open for trading; the most recent announcement indicates
that  it  will  not  be  open on: New Year's Day, Martin Luther King's Birthday,
Presidents'  Day,  Good  Friday,  Memorial  Day,  Independence  Day,  Labor Day,
Thanksgiving  Day  and  Christmas  Day.  The price is determined by dividing the
value  of  its  securities, plus any cash and other assets less all liabilities,
excluding  capital  surplus, by the number of shares outstanding. The Adviser is
responsible for pricing and calculating the daily net asset value.

Securities traded on national securities exchanges or the NASDAQ National Market
System are valued at the closing prices of the securities on these exchanges and
securities  traded  on  over-the-counter markets are valued daily at the closing
bid prices.

Short  term  paper (debt obligations that mature in less than 60 days) is valued
at  amortized  cost  which approximates market value. Other assets are valued at
fair value as determined in good faith by the Board of Directors.

In  cases  where  market  prices  are  unreliable  or not readily available, for
example,  when  trading on securities are halted as permitted by the SEC or when
there is no trading volume on an Over-the-Counter security held by the Fund, the
Fund  relies  on  fair  value pricing provided by the Adviser. In performing its
fair  value  pricing,  the  Adviser  acts under the ultimate supervision of, and
follows,  the policies of the Board of Directors. The Board of Directors retains
the right to determine its own fair value price should it have reason to believe
the  price  provided  by  the  Adviser  does  not  reflect  fair  value. Valuing
securities  at  fair value involves greater reliance on judgment than securities
that  have  readily  available  market quotations. There can be no assurance the
Fund could obtain the fair value assigned to a security if they were to sell the
security  at approximately the time at which the Fund determines their net asset
value per share.

PURCHASE OF SHARES AND REINVESTMENTS
The  purchase  price  of the shares offered by the Fund for any Series is at the
net asset value per share next determined after receipt of the purchase order by
the Fund in good order and is computed in the manner described under the caption
"PRICING  OF  SHARES"  in  this Prospectus. The Series reserves the right at its
sole  discretion to terminate the offering of its shares made by this Prospectus
at  any  time  and  to  reject  purchase  applications  when, in the judgment of
management  such  termination or rejection is in the best interests of the Fund.
Such notification will be within 72 hours.

A  purchase  order is received in good order when the Fund receives payment and,
in the case of new shareholders, a completed Shareholder Application, or, in the
case of existing shareholders, a correspondence indicating a desire to purchase.

Payment  may  be  made by wire. Payment is considered received as of the day the
check is received by the Fund if the Fund receives the check before the close of
regular trading on the New York Stock Exchange as defined above.

If  payment  is  made by wire, payment is considered received the day payment is
received by the Series' custodian. All orders received prior to 4pm will receive
that  days  NAV.  All orders received after 4pm will be processed as of the next
business day.

In  compliance  with the USA Patriot Act of 2001, please note that the Fund will
verify  certain  information  on  your account application as part of the Fund's
Anti-Money  Laundering  Program.  As  requested  on  the application, you should
supply  your  full  name,  date  of  birth, social security number and permanent
street address. Mailing addresses containing a P.O. Box will not be accepted.

MARKET TIMING RESTRICTIONS
Short-term  or  excessive  trading  often  referred  to  as  "market timing," is
discouraged by the Fund and the Fund does not accommodate frequent purchases and
redemptions.

Market timing can have a potentially negative impact on the value of shareholder
assets.  Since its inception, it has been the practice of the Fund to discourage
and,  to  the  extent  possible  as  allowed  by  law, prohibit individuals from
engaging in market timing activities.

In  April  of  2006 the Board formalized its redemption fee policy in accordance
with  Rule  22c-2.  The policy states the fund's board of directors, including a
majority  of  directors  who  are  not  interested  persons  of  the  fund, have
determined  that  imposition  of  a  redemption  fee  is  not  necessary and not
appropriate  given  the  manner in which the fund is distributed - including the
lack of intermediaries - and the small number of shareholders in the fund.

To  date the Fund had not seen any activity among its shareholders that it would
deem  to be market timing. The Fund does not maintain any arrangements to permit
excessive trading and market timing activities.

Frequent  purchases  and  redemptions  of  Fund shares ("excessive trading") may
interfere  with  the  Portfolio Manager's ability to manage the Fund's portfolio
effectively,  especially  in  view  of  the  Fund's  size  and the nature of its
investments.  Excessive  trading  could  increase  the  Fund's  transaction  and
administrative  costs  and/or affect the Fund's performance depending on various
factors  such  as the amount of cash or cash equivalents in the Fund's portfolio
at  any given point in time. As a result of excessive trading, the Fund might be
required  to  sell  portfolio  securities  at unfavorable times in order to meet
redemption  requests.  Such sales could increase the transaction expenses of the
Fund and have a negative impact on the Fund's performance.

Shareholders  need  be  made  aware  that,  as  of  the this writing, the SEC is
considering  imposing  mandatory  redemption  fees  among  all funds for certain
transactions. The Fund will comply with any rule the SEC makes regarding this.

INITIAL INVESTMENT
Initial  purchase  of  shares  of  the  Series  may  be made only by application
submitted  to  the  Fund.  For  the  convenience  of investors, a Share Purchase
Application  form is provided with this Prospectus. The minimum initial purchase
of shares is $2,500 ($500 for IRAs).

SUBSEQUENT PURCHASES
Subsequent  purchases may be made by check or readily available funds and may be
made  in  writing  (including  an  electronic  trans-  mission) or by telephone.
Shareholders  wishing to make subsequent purchases by telephone must first elect
the  privilege  by  writing to the Fund. The minimum subsequent purchase is $250
($50  for  IRAs),  but  less  may  be  accepted  only  in  the case of corporate
retirement   plans  that  regularly  contribute  to  their  account  via  salary
deferrals.

Exchanges  by  the  Fund Between Series: To purchase shares by exchanging by The
Fund from another Series, please call the Bullfinch Fund shareholder services at
1-888-BULLFINCH  (1-888- 285-5346) for instructions. Your exchange will be based
on  the  closing  net  asset value per share next determined after your purchase
order is received in good order.

There  is no charge for exchanges between Series. Generally, an exchange between
Series  is  a  taxable  event.  The  Fund  reserves  the right to temporarily or
permanently  terminate  the  exchange privilege for any shareholder who makes an
excessive number of exchanges between Series.

In  terminating  the  exchange  privilege,  the shareholder will always have the
right to redeem shares. Anything greater than 3 exchanges within six months will
be  considered  excessive. You will receive advance written notice that the Fund
intends  to limit your use of the exchange privilege. The Fund also reserves the
right  to  terminate  or  modify the exchange privilege at any time upon 30 days
advance written notice or to refuse any exchange request.

REINVESTMENT
The  Fund  will  automatically  retain  and reinvest dividends and capital gains
distributions in fractional shares and use same for the pur- chase of additional
shares for the shareholder at net asset value as of the close of business on the
distribution  date. A shareholder may at any time by letter or forms supplied by
the Fund direct the Fund to pay dividend and/ or capital gains distributions, if
any, to such shareholder in cash.

FRACTIONAL SHARES
Fractional  shares  may be purchased. The Fund will maintain an account for each
shareholder of shares for which no certificates have been issued.

INDIVIDUAL RETIREMENT ACCOUNTS
You  may purchase shares for an individual retirement accounts ("IRA") including
Roth  IRA's,  SEP's,  and  Simple  IRA's.  IRA investments are available for the
following:

      - Regular contributions
      - Rollover of certain employer sponsored pension and profit-sharing plan
             distributions.
      - Transfers from other IRA's

All  assets  are  automatically invested in Fund shares, including all dividends
and  distributions  paid  on  Fund  shares within an IRA. There is an annual fee
(currently $75.00) charged by the IRA Trustee, Equity Trust Co.

The  Fund  may  pay  the annual fee for accounts on the discretion of the Fund's
Management  or  Directors,  although  IRAs  may be charged the annual fee either
Annually or upon termination for IRA Trustee fee in the discretion of the Fund's
Management or Directors.

Any
Account  that  terminates  its  IRA  with  the  IRA  Custodian may be subject to
termination  charges from the IRA Custodian. These charges are identified in the
IRA Custodian's Application and Disclosure Statement. When the Fund pays any IRA
related fees it will be a Fund operating expense. If the fees are charged to the
IRA  owners  then  the  owner will have the option of paying the fee directly or
have the fee charged to their IRA.

Each  IRA  with account value of $10,000 or more will not be charged IRA Trustee
Fees.  IRA's  with  less than $10,000 may be charged the current Annual rate for
IRA  Trustee  Fees  (presently at $75 but subject to increase without notice) on
the  discretion  of  the  Fund's  Management  or  Directors.  Any  Account  that
terminates  its IRA with the IRA Custodian may be subject to termination charges
from  the  IRA  Custodian.  These  charges are identified in the IRA Custodian's
Application and Disclosure Statement.

PENSION, PROFIT SHARING AND 401-K PLANS
Purchases  of  Fund shares through a business' retirement plans are available to
the  owners, officers and employees who participate in the retirement plans. The
accounts  will  be  registered  under  the  name  and  tax identification of the
pension, profit sharing and/or 401K plans.

REDEMPTION OF SHARES
The  Fund will redeem all or any part of the shares of any shareholder who sends
a  letter requesting redemption to the Fund at its address as it appears on this
Prospectus (if certificates have not been issued) or certifi- cates with respect
to shares for which certificates have been issued. In either case, the Fund will
require  proper endorsements guaranteed either an Eligible Guarantor Institution
as   defined  by  the  Securities  Exchange  Act  of  1934.  Eligible  Guarantor
Institution means:

       - Banks                                 - Broker/Dealers
       - Credit unions                         - National securities exchanges
       - Registered securities associations    - Clearing agencies
       - Savings associations

It  shall  be  the  standard  procedure for the Fund to automatically accept any
signature guarantee unless:

- the Fund has material evidence to suggest the guaranteeing institution

  is not an Eligible Guarantor Institution; or,
- because the person acting on behalf of the guarantor institution is not
  authorized by that institution to act on its behalf, but only if the
Fund  maintains  a  list of people authorized to act on behalf of that guarantor
institution.

Please note that you cannot get a signature guarantee from a notary public.

The  redemption price is the net asset value per share next determined after the
order  is  received in good order by the close of the market as defined above by
the  Fund  for redemption of shares. For example, a redemption order received by
4pm  will be received the NAV of that day. A redemption order received after 4pm
will be processed on the next day. The proceeds received by the shareholder may

be more or less than his cost of such shares, depending upon the net asset value
per share at the time of redemption and the difference should be treated by the
shareholder as a capital gain or loss for federal income tax purposes.

Payment  by  the  Fund  will ordinarily be made within three business days after
tender  of  a  valid  redemption  request.  The  Fund  may  suspend the right of
redemption or postpone the date of payment for more than seven days if:

      - The New York Stock Exchange is closed for other than customary weekend
             or holiday closings,
      - Trading on the New York Stock Exchange is restricted as determined by
            the Securities and Exchange Commission
      - The Securities and Exchange Commission has determined that an emergency
            exists, making disposal of fund securities or valuation of net
            assets not reasonably practicable.
      - Other extraordinary events which may restrict the Fund from selling its
            securities or distributing its liquid assets, but only as permitted
            under Rule 22c-1, namely all Federal holidays or days when the
            market is closed.

REDEPEMPTION IN KIND
The  Fund intends to make payments in cash, however, the Fund reserves the right
to  make  payments in kind in liquid securities with a market value equal to the
redemption  price.  Should  this  occur,  the shareholder will carry market risk
until  they  can  sell  the  securities  and that they will also pay any related
transaction costs associated with selling these securities. Finally, liquidation
in kind does not remove any tax liabilities.

TAX STATUS
Under provisions of Sub-Chapter M of the Internal Revenue Code of 1986 as amend-
ed,  the Fund, by paying out substantially all of its investment income and rea-
lized  capital  gains,  and  by  satisfying  certain other requirements, will be
relieved of federal income tax on the amounts distributed to shareholders.

Distribution  of  any net long-term capital gains realized by the Series will be
taxable  to the shareholder as long term capital gains, regardless of the length
of time Series shares have been held by the investor. All income realized by the
Series, including short term capital gains, will be taxable to the share- holder
as  ordinary  income.  Dividends  from  net income will be made annually or more
frequently  at  the  discretion  of  the  Fund's  Board  of Directors. Dividends
received shortly after purchase of shares by an investor will have the effect of
reducing the per share net asset value of his shares by the amount of such divi-
dends  or distributions and, although in effect a return of capital, are subject
to federal income taxes.

The  Fund  is  required  by  federal  law to withhold 31% of reportable payments
(which may include dividends, capital gains, distributions and redemptions) paid
to  shareholders  who  have not complied with IRS regulations. In order to avoid
this withholding requirement, you must certify on a W-9 tax form supplied by the
Fund  that  your  Social  Security or Taxpayer Identification Number provided is
correct  and  that you are not currently subject to back-up withholding, or that
you are exempt from back-up withholding.

FINANCIAL HIGHLIGHTS
The  financial  highlights  table is intended to help you understand the Series'
financial  performance  for  the past 5 years. Certain information results for a
single  Series  share. The total returns in the table represent the rate that an
investor  would  have earned [or lost] on an investment in each Series (assuming
reinvestment  of  all  dividends  &  distributions).  This  information has been
audited by DeJoy, Knauf & Blood, LLP, whose

report, along with the Fund's

financial statements, are included

in the SAI or annual report, which is

available upon request.

                                               Unrestricted Series
         For the years ending:    10/31/22  10/31/21 10/31/20 10/31/19 10/31/18

Net asset value,
   beginning of period             $25.85    19.88    21.20    19.59    20.78
Income from investment operations
   Net investment income (loss)    $(0.01)   (0.01)    0.04     0.12     0.11
   Net gains or (losses) on securities
   both realized and unrealized    $(2.37)    6.03    (1.24)    2.46     0.02
                                   --------------------------------------------
Total from investment operations   $(2.38)    6.02    (1.20)    2.58     0.13
Less distributions
   Distributions (from
      capital gains)               $  0.00    (0.01)    0.00    (0.87)   (1.27)
   Dividends (from net investment
      income)                      $  0.00    (0.04)   (0.12)   (0.10)   (0.05)
                                   --------------------------------------------
Net asset value, end of period     $  23.47   25.85    19.88    21.20    19.59
                                   ============================================
Total return                          (9.24)% 30.34%   (5.71)%  14.23%   0.45%

Net assets, end of period $11,341,882 12,426,192 10,000,845 10,414,616 9,129,793

Ratio of expenses to average
   net assets                         1.36%    1.37%    1.43%    1.50%    1.49%
Ratio of net income to average
   assets                            (0.02)%  (0.02)%   0.22%    0.61%    0.53%
Portfolio turnover rate               2.86%    0.71%    5.94%   16.04%   11.41%

                                              Greater Western New York
Series
         For the years ending:    10/31/22 10/31/21 10/31/20 10/31/19 10/31/18
Net asset value,
   beginning of period             $25.09    20.16    23.28    20.80    22.23
Income from investment operations
   Net investment income (loss)    $  0.00    (0.05)    0.01     0.03    (0.02)
   Net gains or (losses) on securities
   both realized and unrealized    $(0.67)    6.28    (3.10)    2.48    (0.42)
                                   -------------------------------------------
Total from investment operations   $(0.67)    6.23    (3.09)    2.51    (0.44)
Less distributions
   Distributions (from
      capital gains)               $(0.64)   (1.29)    0.00     0.00    (0.93)
   Dividends (from net investment
      income)                      $  0.00    (0.01)   (0.03)   (0.03)   (0.06)
                                   -------------------------------------------
Net asset value, end of period     $23.78    25.09    20.16    23.28    20.80
                                   ===========================================
Total return                         (2.81)%  31.73%  (13.30)%  12.11%   (2.15)%

Net assets, end of period    $2,423,219 2,457,931 1,844,090 2,084,120 1,851,110

Ratio of expenses to average
   net assets                         1.44%    1.52%    1.54%    1.53%    1.61%
Ratio of net income to average
   assets                            (0.01)% (0.22)%   0.03%    0.12%   (0.08)%
Portfolio turnover rate              10.00%    0.00%   5.61%    0.01%    2.32%

The  Example  above  should not be considered a representation of past or future
Expenses. Actual expenses may be greater or lesser than those shown.

                                     -14-
<PAGE>

BULLFINCH FUND SHARE PURCHASE APPLICATION

This Application is not part of the Fund's
   Prospectus

A) Please fill out one of the following four

   types of accounts:

1) Individual Accounts ****

   ______________________  __  ____________________      ______________________
           First Name      MI       Last Name            Social Security Number

2) Joint Accounts ****

   ______________________  __  ____________________      ______________________
          First Name       MI        Last Name           Social Security Number

   ______________________  __  _____________________    _______________________
          First Name       MI        Last Name           Social Security Number

3) Custodial Accounts ****

   ______________________  __  ____________________
   Custodian's First Name MI Custodian's Last Name

   ______________________  __  ____________________      ______________________
     Minor's First Name    MI    Minor's Last Name                Minor's
                                                         Social Security Number
4) All Other Accounts ****

       ___________________________________________   __________________________
                      Name of account.                Tax Identification Number

       ___________________________________________
          (Use this second line if you need it)

B) Biographical and other information about

   the new account:

Full Address:
             Number & Street __________________________________________________

             City__________________________  St____  Zip_______________________

Home Phone_____________ Bus Phone_____________

Date of Birth: ________________ Citizen
   of____________________

In  order to comply with the US Patriot Act, we are required to have a copy of a
photo  identification  as  part  of your initial Shareholder Application. Please
attach  a  copy  of  your  driver's license, pistol permit or some other form of
photo  identification.  WARNING: Under Federal law, failure to provide a copy of
photo identification may cause us to delay opening your account.

Dividend  Direction (check one): Reinvest all distributions____ Pay in
Cash____

Signature of Owner, Trustee or Custodian:    __________________________________

Signature      of      Joint     Owner     (if     joint     account):
----------------------------------

 Please  make  check payable to: BULLFINCH FUND, INC. 3909 Rush Mendon
Road, Mendon, NY 14506

Amount of Investment Attached:
      Unrestricted Series     $______________ (Minimum initial purchase $2,500)
      Greater Western New York Series $______________ (Minimum initial
                                                               purchase $2,500)
      All  applications  are  accepted  in New York and under New York
laws. -15-

<PAGE>

This Application is not part of the Fund's
   Prospectus

FORM W-9
(December 2000)
Department of Treasury

Internal Revenue Service

                            Request for Taxpayer
                   Identification Number and Certification

Name as shown on account (if joint account, give name corresponding to TIN)

-------------------------------------------------

Business name, if different from above

-------------------------------------------------

Check appropriate box:

        ___ Individual/Sole proprietor     ___ Corporation   ___ Partnership

        ___ Other (specify:_________________________________________________)

Address (number, street and apt. or suite no.)

-------------------------------------------------

City, State & ZIP Code

-------------------------------------------------

Requester's name and address (optional):

-------------------------------------------------

-------------------------------------------------

-------------------------------------------------

List account number(s) here (optional):

-------------------------------------------------

-------------------------------------------------

Part 1.-  Taxpayer Identification Number         Part 2. - For U.S. Payees
                                                 Exempt from Backup Withholding

Social Security Number ______________________    Write "Exempt" below and sign
                                                 and date the form
or
                                                 ______________________________
Employer ID Number     ______________________

Under penalties of perjury, I certify that:

1.        The  number  shown  on this form is my correct taxpayer identification
          number  (or I am waiting for a number to be issued to me), and 2. I am
          not subject to

           backup withholding because: (a) I am exempt from backup

   withholding, or (b) I have not been notified by the Internal Revenue Service
   (IRS) that I am subject to backup withholding as a result of a failure to
   report all interest or dividends, or (c) the IRS has notified me that I am
   no longer subject to backup withholding, and
3. I am a U.S. person (including a U.S. resident alien).

Certification  instructions:  You  must  cross out item 2 above if you have been
notified  by  the  IRS  that you are currently subject to backup withholding be-
cause you have failed to report all interest and dividends on your tax return.

Signature of U.S. Person
   __________________________________ Date

--------------

ANNUAL AND SPECIAL MEETINGS
The  Fund  does  not  expect to hold annual meetings of shareholders but special
meetings  of  shareholders may be held under certain circumstances. Shareholders
of  the  Fund  retain  the right, under certain circumstances, to request that a
meeting  of shareholders be held for the purpose of considering the removal of a
Director  from  office, and if such a request is made, the Fund will assist with
shareholder communications in connection with the meeting.

REPORTS TO SHAREHOLDERS
The  Fund sends all shareholders an Annual Report (which has been audited by the
independent  auditor)  and  a Semi-Annual Report (unaudited). The Fund will also
send account statements to each shareholder at least quarterly.

TRANSFER AGENT
The Fund acts as its own transfer agent.

CUSTODIAN
Charles Schwab & Co., Inc.
The Schwab Building
101 Montgomery Building,
San Francisco, CA 94104

IRA TRUSTEE
Equity Trust Co.
P.O. Box 451159
Westlake, OH 44145

INDEPENDENT AUDITORS
DeJoy, Knauf & Blood, LLP
Certified Public Accountants
280 East Broad Street, Suite 300
Rochester, NY 14604

FUND
COUNSEL
William A. Smith, Jr., Esq.
52 Washington Street
Pittsford, NY 14534

                                      -16-

<PAGE>

PROSPECTUS
BULLFINCH  FUND, INC.
3909 Rush Mendon Road
Mendon, NY 14506

1-888-BULLFINCH
(1-888-285-5346)

February 27, 2023

Why  You  Should  Read This Prospectus and How to Obtain Additional Information?
This  Prospectus should be held for future reference. It is provided in order to
help  you  decide  if  the  Fund  is  the  proper investment for you. The risks,
objectives  and  strategies  of  each Series of the Bullfinch Fund are explained
within this prospectus.

Additional  information  about the Fund's investments is available in the Fund's
annual and semi-annual reports to shareholders. In the Fund's annual report, you
will  find  a discussion of the market conditions and investment strategies that
significantly  affected  the Fund's performance during its last fiscal year. The
SAI and the Fund's annual and semi-annual reports are available, without charge,
upon  request, or to make shareholder inquiries, by calling the following number
or writing the following address:

Bullfinch Fund, Inc.
3909 Rush Mendon Road
Mendon, NY 14506

1-888-BULLFINCH
(1-888-285-5346)

Because  the  same  information is provided independently through the EDGAR data
base  on the SEC's internet site (see below), the fund does not make the SAI and
the annual and semi-annual reports on its web-site.

Additional  information  about  the  Fund (including the Statement of Additional
Information)  can  be  reviewed  and copied at the Commission's Public Reference
Room  in  Washington,  D.C. Information on the operation of the public reference
room may be obtained by calling the

Commission  at  1-202-942-8090. Reports and other information about the Fund are
available on the Commission's Internet site at http://www.sec.gov and copies of

this information may be obtained, upon payment of a duplicating fee, by
electronic request at the following E-mail address: publicinfo@sec.gov or by
writing the Public Reference Section of the Commission, Washington D.C. 20549-
0102.

INVESTMENT ADVISER
CAROSA STANTON ASSET MANAGEMENT, LLC
3909 Rush Mendon Road
Mendon, NY 14506
(585) 624-3150

SEC File Number For the Bullfinch Fund is 811-08191.

                                      -17-
<PAGE>

                             BULLFINCH FUND, INC.
              UNRESTRICTED SERIES          GREATER WESTERN NEW YORK SERIES
                (Ticker: BUNRX)                    (Ticker: BWNYX)

                            3909 Rush Mendon Road
                                Mendon, NY 14506
                                (585) 624-3150
                                1-888-BULLFINCH
                               (1-888-285-5346)

                                                                        Part B

                      STATEMENT OF ADDITIONAL INFORMATION

                              February 27, 2023

This Statement of Additional Information is not a prospectus, but should be read
in conjunction with the Fund's current prospectus dated February 27, 2023.

To  obtain  the  Prospectus,  please  write  the  Fund or call the either of the
telephone  number  that  are  shown above and on the prior page. Bullfinch Fund,
Inc.  was  incorporated  under  the laws of the State of Maryland on January 29,
1997.

The  required  financial  statements and schedules are incorporated by reference
and  have  previously  delivered  to  all  current  shareholders. This report is
available, without charge, upon request by writing the Fund or calling either of

the telephone numbers that

are shown above

and on the prior

page

TABLE OF CONTENTS

Fund History.........................................................2
Fund Classification..................................................2
More on Non-Principal Risks of Specific Strategies of the Fund.......2
 (a)U.S. Government and Agency Bonds.................................2
 (b)Special Situations...............................................3
 (c)Foreign Securities...............................................3
 Portfolio Turnover Policy...........................................4
 Non-diversification Policy..........................................4
Additional Fund Policies.............................................4
Management of the Fund...............................................5
 Compensation of Directors and Officers..............................5
Principal Holders of Shares..........................................6
 Major Shareholders..................................................6
 Management Ownership................................................6
Investment Adviser...................................................6
 Advisory Fees.......................................................7
Brokerage............................................................7
Capital Stock and Other Securities...................................7
Purchase, Redemption and Pricing of Shares...........................8
Tax Status...........................................................8
 IRA.................................................................9
 SEP IRA.............................................................9
 Roth IRA............................................................9
Calculation of Performance Data......................................9
Financial Statements.................................................9

                                      -1-
<PAGE>

FUND HISTORY
The  Bullfinch  Fund (also referred to as the "Fund") was incorporated under the
laws  of  the  State  of  Maryland on January 29, 1997. The Fund offers separate
series  of units of beneficial interest ("shares"). This Pros- pectus relates to
the Unrestricted Series and the Western New York Series.

The  Fund's business office is in Mendon, NY: mail may be addressed to 3909 Rush
Mendon Road, Mendon, NY 14506.

FUND CLASSIFICATION:
The Bullfunch Fund is an open-end, management investment company.

NON-PRINCIPAL  RISKS OF SPECIFIC STRATEGIES OF THE SERIES IN THE FUND: From time
to time any Series may hold warrants, preferred stock or convertible debt it may
have  received  as  a  result  of  a corporate action related to one of its then
current  holdings.  No  Series has any intention of exceeding 5% in any of these
types of securities.

TRADING COSTS
Carosa  Stanton  seeks brokers from which it feels it can achieve the best price
and  execution  for each individual transaction for all its clients. Should more
than  one broker be capable of providing best price and execution, other factors
may  be  considered  in  the  selection of the broker. These factors can include
commission,  research and operational expediency. There may be an increased cost
on Over-the-Counter ("OTC") trades if the adviser chooses to execute such trades
on any agency basis (i.e., not to trade through a market-maker in any particular
security).  These  costs  include  the  mark-ups  by the market-maker on the OTC
securities,  which  are in addition to the commissions paid to the agent broker-
dealer.  A  market-maker  may  mark-up  (down)  a  security for which it makes a
market,  which  is  a  cost  that  will  be  incurred  in addition to the agency
commissions assessed by the executing broker.

Portfolio  Turnover  Policy:  Neither Series purchases securities for short term
trading  in  the ordinary course of operations. Accordingly, it is expected that
the annual turnover rate for each individual Series will not exceed 50%, wherein
turnover  is  computed  by  dividing the lesser of each individual Series' total
purchases  or  sales  of  securities  within  the  period by the average monthly
portfolio value of each individual Series during such period. There may be

times when management deems it advisable to substantially alter the composition
of the portfolio, in which event, the portfolio turnover rate might substant-
ially exceed 50%; this would only result from special circumstances and not
from the normal operations of either Series.

Non-diversification  Policy:  Each Series is classified as being non-diversified
which means that it may invest a relatively high percentage of its assets in the
securities  of  a limited number of issuers. Each Series, therefore, may be more
susceptible  than  a  diversified  fund  to  any  single economic, political, or
regulatory  occurrence. The policy of each Series, in the intention of achieving
their  objective,  is,  therefore,  one  of  selective  investments  rather than
diversification.  Each  Series seeks only the required diversification necessary
to  maintain  its federal non-taxable status under Sub-Chapter M of the Internal
Revenue Code (see the Tax Status Section of this prospectus).

ADDITIONAL FUND POLICIES
By-laws  of  the Fund provide the following fundamental investment restrictions;
The  Fund  may  not,  except  by  the  approval of a majority of the outstanding
shares;  i.e.  a)  67% or more of the voting securities present at a duly called
meeting,  if  the  holders of more than 50% of the outstanding voting securities
are  present  or represented by proxy, or b) of more than 50% of the outstanding
voting securities, whichever is less:

(a)       Act  as  underwriter for securities of other issuers except insofar as
          the  Fund  may  be  deemed an underwriter in selling its own portfolio
          securities. (b) Borrow money or purchase securities on margin, but may
          obtain such short

    term credit as may be necessary for clearance of purchases and sales of se-
    curities for temporary or emergency purposes in an amount not exceeding 5%
    of the value of its total assets.
(c) Sell securities short.
(d)       Invest  in  securities of other investment companies (other than money
          market  funds  for  temporary  investment) except as part of a merger,
          consolidation,   or   purchase   of  assets  approved  by  the  Fund's
          shareholders  or  by  purchases  with  no  more than 10% of the Fund's
          assets   in   the   open   market  involving  only  customary  brokers
          commissions. (e) Invest 25% or more of its total assets at the time of
          purchase in any one

    industry or group of industries (other than U.S. Government Securities).
(f)       Make  investments  in  commodities, commodity contracts or real estate
          although  the Fund may purchase and sell securities of companies which
          deal in real estate or interests therein. (g) Make loans. The purchase
          of a portion of a readily marketable issue of pub-

    licly distributed bonds, debentures or other debt securities will not be
    considered the making of a loan.
(h)       Acquire  more  than  10%  of  the  securities  of any class of another
          issuer,  (other  than  securities  issued  or guaranteed by the United
          States  Govern-  ment, its agencies or its instrumentalities) treating
          all preferred secur- ities of an issuer as a single class and all debt
          securities  as  a single class, or acquire more than 10% of the voting
          securities  of another issuer. (i) Invest in companies for the purpose
          of acquiring control.

(j)       The  Fund may not purchase or retain securities of any issuer if those
          offi-  cers and directors of the Fund or its Investment Adviser owning
          individual-  ly  more  than  1/2  of  1%  of  any class of security or
          collectively  own  more  than  5%  of such class of securities of such
          issuer. (k) Pledge, mortgage or hypothecate any of its assets.

(l)       Invest  in  securities  which may be subject to registration under the
          Securi-  ties Act of 1933 prior to sale to the public or which are not
          at  the  time  of purchase readily salable. (m) Invest more than 5% of
          the total Series' assets, taken at market value at

   The time of purchase, in securities of companies with less than three years's
continuous operation, including the operations of any predecessor.

(n) Issue senior securities.

NON-FUNDAMENTAL INVESTMENT RESTRICTIONS
(a)  In  general,  as  applied to all fundamental and non-fundamental investment
restrictions,  compliance  testing  is  performed at the time of investing. This
testing is completed at the time of purchase and the Fund may continue to hold a
security is the security no longer meets the standards of the initial compliance
test.  The borrowing limitation is carved out. (a) Neither Series will hold more
than 15% of its net assets in illiquid

    securities. As a general rule, management will make its best effort to
    sell any illiquid holdings or price them using prevailing standard
    pricing methods that are consistent with Fund policy.

TEMPORARY DEFENSIVE POSITION:
Depending  on  its  view of their relative attractiveness in light of market and
economic  conditions,  either  Series  of  the Fund may, from time to time, take
temporary  defensive  positions.  Assets in the either Series may be invested in
money  market  funds  for  temporary investment. When a Series is in a temporary
defensive position, it may not achieve its investment objective.

DISCLOSURE OF PORTFOLIO HOLDINGS
The  Fund  maintains  policies and procedures (as described below) regarding the
disclosure  of  its  portfolio holdings to ensure that disclosure of information
about  portfolio securities is in the best interests of the Fund's shareholders.
The  Fund's  Chief  Compliance  Officer  will  report  to the Board of Directors
Annually, and whenever a material matter arises, with respect to compliance with
the portfolio holdings disclosure procedures described herein.

Only the Adviser and the custodian have daily access to portfolio holdings. Each
is  required  to independently disclose those holdings to the Fund's independent
auditor  per  the requirement of the Investment Company Act or 1940. There is an
oral confidentiality agreement based on general accounting practices that forbid
an  auditor  from  trading  on  non-public information. The Board has determined
these conditions of confidentiality adequately safeguard the Fund's shareholders
with regard to proper disclosure or non-public information.

There  may  be  instances  where  the  interests of the shareholders of the Fund
respecting the disclosure of information about portfolio securities may conflict
with  the  interests of the Adviser or an affiliated person of the Fund. In such
situations, the Board of Directors will be afforded the opportunity to determine
whether  or  not  to  allow  such  disclosure.  The  Fund  does  not receive any
compensation for providing information about their portfolio holdings.

The  Fund  has  entered into arrangements with the following third party service
providers:  the Adviser independent registered public accountants and custodian.
(The  Fund acts as its own administrator, distributor and transfer agent.) These
third  party service providers provide services that require them to have access
to the Fund's portfolio holdings. As a result of the ongoing services that these
service  providers  provide, they will receive portfolio holdings information on
an  ongoing  daily  basis.  In  each  case,  the  Fund's  Board of Directors has
determined  that  such  advance disclosure is supported by a legitimate business
purpose  and  that the recipient by reason of the federal securities laws (1) is
prohibited as an "insider" from trading on the information and (2) has a duty of
confidence  to  the  Fund  because  the  recipient has a history and practice of
sharing  confidences  such  that  the  recipient  of  the  information  knows or
reasonably  should  know  that the Fund expects that the recipient will maintain
its confidentiality.

Since  this  information  is  not  provided  on  the  condition  that it be kept
confidential  or  that  these  organizations  not trade on the information, such
disclosure   could   provide  these  organizations  with  the  ability  to  make
advantageous  decisions  to  place  orders  for  shares  of the Fund or to trade
against the Fund to the detriment of other shareholders of the Fund.

Rating and Ranking Organizations.

The  Fund's  Board  of  Directors has determined that the Fund may provide their
portfolio  holdings  to  the  rating  and  ranking organizations listed below on
either a monthly or quarterly basis.

       - Morningstar, Inc.
       - Lipper, Inc.

The determination was made that these organizations may provide investors with a
valuable  service  and,  therefore,  it  is  in the best interests of the Fund's
shareholders  to  provide  them  with non-public portfolio holdings information.
Since  this  information  is  not  provided  on  the  condition  that it be kept
confidential  or  that  these  organizations  not trade on the information, such
disclosure   could   provide  these  organizations  with  the  ability  to  make
advantageous  decisions  to  place  orders  for  shares  of the Fund or to trade
against  the  Fund  to the detriment of other shareholders of the Fund. However,
the Fund will not provide this information until such information is at least

15  days  old,  after  which  time  the  disclosure of such non-public portfolio
holdings  should  not be present a material risk to the Fund. Also, the officers
of  the  Fund  receive and review reports on a regular basis as to any purchases
and

redemptions of shares of the Fund to determine if there is any unusual trading
in shares of the Fund.
The officers of the Fund
will report to the Board of Directors any such unusual trading in shares of the
Fund.
The Fund will not pay these organizations.

Media Contacts

In  order  to maintain practices consistent with Fair Disclosure regulations and
to  disclose  any  conflicts-of-interest,  portfolio holdings information may be
provided  to members of the media without requiring a confidentiality agreement.
Since  this  information  is  not  provided  on  the  condition  that it be kept
confidential  or  that  these  organizations  not trade on the information, such
disclosure   could   provide  these  organizations  with  the  ability  to  make
advantageous  decisions  to  place  orders  for  shares  of the Fund or to trade
against the Fund to the detriment of other shareholders of the Fund.

The   Chief  Compliance  Officer  of  the  Fund,  the  Investment  Adviser,  the
Distributor  and  Transfer  Agent  (collectively,  the "CCOs") shall oversee the
compliance  by  the  Investment Adviser, the Distributor, the Transfer Agent and
their  respective  personnel  with  these  policies  and  procedures.  At  least
annually,  the  CCO  shall  report  to the Board of Directors on such compliance
oversight  and on the categories of entities and individuals to which disclosure
of  portfolio  holdings  of  the  Fund  has  been made during the preceding year
pursuant  to  these  policies.  The CCO of the Fund shall report to the Board of
Directors  any  material  issue  that  arises regarding disclosure of the Fund's
portfolio  holdings  on  a  timely  basis and shall make a recommendation to the
Board  of  Directors  and  to  the  Investment  Adviser, the Distributor and the
Transfer  Agent  as  to  any  actions  that  the  CCO believes are necessary and
desirable  to  address  the  issue and carry out or improve the Fund's portfolio
holdings disclosure policies and procedures.

MANAGEMENT OF THE FUND
The  overall business and affairs of the Fund are managed by the Fund's Board of
Directors.  The  Board  approves all significant agreements between the Fund and
persons  or  companies  furnishing  services  to  the Fund, including the Fund's
agreements  with its investment advisor and custodian. The day-to-day operations
of the Fund are delegated to the Fund's officers and to the Advisor.

OFFICERS AND DIRECTORS OF THE FUND

BOARD OF DIRECTORS INFORMATION

The  business  and  affairs  of  the Fund are managed under the direction of the
Fund's  Board  of Directors. Information pertaining to the Directors of the Fund
are set forth below. The Fund's SAI includes additional information about

the Fund's Directors, and is available without charge, by calling
(585) 624-3150 or 1-888-BULLFINCH.  Each director may be contacted by writing
to the director c/o Bullfinch Fund, Inc. 3909 Rush Mendon Road, Mendon,
New York 14506

INDEPENDENT DIRECTORS
The directors and officers of the Fund are:
<TABLE>
<CAPTION>
NAME, AGE                POSITON(S)    TERM OF OFFICE        PRINCIPLE        NUMBER OF        OTHER
ADDRESS                  HELD WITH     AND LENGTH OF      OCCUPATION(S)      PORTFOLIOS  DIRECTORSHIPS
                    FUND         TIME SERVED        DURING PAST         IN FUND       HELD BY
                                                             5 YEARS           COMPLEX       DIRECTOR
                                                                             OVERSEEN BY
                                                                              DIRECTOR
--------------------------------------------------------------------------------

                                           INDEPENDENT DIRECTORS
<S>                     <C>             <C>              <C>                      <C>          <C>
Patrick J. Borrelli, 54 Director; Audit Term of Office: Senior

Equipment Engineer, 2 N/A

  8 Dixon Woods         Committee       N/A              Mosaic Micro Systems
  Honeoye Falls                         Length of Time   Manager, Testing/Integration
  NY, 14472                             Served:          L3 Harris
                                        Since 2020

Bryan D. Hickman, 76   Director        Term of Office:  Executive Director 2                 N/A
  6288 Bobble Hill Road                 N/A              & Co-Founder
  Naples,                               Length of Time   E3 Rochester, Inc.
  NY   14512                            Served:
                                        Since 2008

Lois Irwin, 69         Director        Term of Office:  President 2            N/A
  33 Oak Meadow Trail                   N/A              EZaccessMD
  Pittsford,                            Length of Time
  NY 14534                              Served:
                                        Since 2006

William Merman, 38   Director        Term of Office:  Business Development Mgr., 2            N/A
  247 Enchanted Forest N                N/A              KYKLO;
  Lancaster,                            Length of Time   Business Development Mgr.,
  NY   14086                            Served:          Wachter, Inc.;
                                        Since 2019       Business Development Mgr.,
                                                                                     Alleyoop.io;

William E.J. Martin, 62 Director        Term of Office:  Managing Member        2            N/A
  4410 Woodlawn Ave. N                  N/A              Chipman & Martin, LLC
  Seattle,                              Length of Time
  WA  98103                             Served:
                                        Since 1997

Michael W. Reynolds, 62 Director        Term of Office:  President               2            N/A
  105 Dorchester Road   Audit           N/A              Mike Reynolds Marketing
  Buffalo,              Committee       Length of Time   Resources;
  NY  14213                             Served:
                                        Since 2000

</Table>
<TABLE>
                                           INTERESTED DIRECTORS*
<S>                     <C>             <C>              <C>                      <C>          <C>
Christopher Carosa, 62  President;      Term of Office:  President, Founder       2            N/A
  2 Lantern Lane        Director;       N/A              Carosa Stanton
  Honeoye Falls,        Chairman of     Length of Time   Asset
  New York 14472        Board; Chief    Served:          Management, LLC;
                        Compliance      Since 1997       President, Director
                        Officer                          and Chairman of the
                                                         Board, Bullfinch Fund, Inc.

Peter Samuel Carosa, 25 Director;          Term of Office:  Design Engineer       2            N/A
  2 Lantern Lane                        N/A              Bergmann;
  Honeoye Falls,                        Length of Time   Technical Production &
  New York 14472                        Served:          Social Media Director,
                                        Since 2019       Pandamensional Solutions;
                                                         Transportation Construction
                                                         Inspector, NYSDOT

                                           OTHER OFFICERS
<S>                     <C>             <C>              <C>                      <C>          <C>

Betsy Kay Carosa, 62    Corporate       Term of Office:  Office Manager           2            N/A
  2 Lantern Lane        Secretary       N/A              Carosa, Stanton
  Honeoye Falls,                        Length of Time   Asset
  NY  14472                             Served:          Management, LLC;
                                        Since 1997       Corporate Secretary,
                                                         Bullfinch Fund, Inc.

Catarina Lena Carosa, 27 Vice President Term of Office:  Research Associate           2            N/A
  2 Lantern Lane                        N/A              Carosa, Stanton
  Honeoye Falls,                        Length of Time   Asset
  NY  14472                             Served:          Management, LLC;
                                        Since 2019       Research Assistant,
                                                         Butler Hospital;
                                                                                     Research Assistant,
                                                         Youth Risk & Resilience Lab,
                                                         University of Rochester
</Table>

OWNERSHIP OF FUND SHARES BY DIRECTORS

The following table provides the range of ownership of the Fund's

Board of Directors of shares of

Bullfinch Fund, Inc. as of February 25, 2022.

<Table>
<Caption>
NAME OF DIRECTOR             DOLLAR RANGE OF SECURITIES IN       AGGREGATE DOLLAR RANGE
                                  BULLFINCH FUND, INC.        OF EQUITY SECURITIES IN ALL
                                                                 FUNDS OVERSEEN BY
                                                                       DIRECTOR
--------------------------------------------------------------------------------

                              INDEPENDENT DIRECTORS
<S>                        <C>                                         <C>
Patrick J. Borrelli        Unrestricted Series:     $10,001-50,000     $10,001-50,000
                           Greater Western New York Series: none

Bryan D. Hickman           Unrestricted Series:     none
                           Greater Western New York Series: Over $100,000  over $100,000

William Merman             Unrestricted Series:     $10,001-50,000     $10,001-50,000
                           Greater Western New York Series: $10,001-50,000     $10,001-50,000

William E.J. Martin        Unrestricted Series:     $10,001-50,000     $10,001-50,000
                           Greater Western New York Series: none

Lois Irwin                 Unrestricted Series:     none
                           Greater Western New York Series: $50,001-100,000  $50,001-100,000

Michael W. Reynolds        Unrestricted Series:     $50,001-100,000     $50,001-100,000
                           Greater Western New York Series: 10,001-50,000  $10,001-50,000
</Table>
                              INTERESTED DIRECTORS*
<Table>

<S>                        <C>                                         <C>
Christopher Carosa         Unrestricted Series:     over $100,000    over $100,000
                           Greater Western New York Series: over $100,000  over $100,000

Peter S. Carosa            Unrestricted Series:     $10,001-50,000     $10,001-50,000
                           Greater Western New York Series: $10,001-50,000     $10,001-50,000

</Table>

COMPENSATION TABLE FOR FISCAL YEAR ENDING OCTOBER 31, 2022
                 Aggregate   Pension or   Estimated      Total
Name, Position   Compens     Retirement   Annual         Compensation
                 ation From  Benefits     Benefits Upon  From Registrant
                 Registrant  Accrued As   Retirement     And Fund Complex
                             Part of Fund                Paid to
                             Expenses                    Directors
Patrick J.         $400       N/A           N/A         $300
Borrelli, Director
Bryan D.           $400       N/A           N/A         $400
Hickman, Director
William
Merman, Director   $400       N/A           N/A         $400
William E.J.       $400       N/A           N/A         $400
Martin, Director
Lois Irwin,        $400       N/A           N/A         $400
Director
Michael W.         $400       N/A           N/A         $400
Reynolds, Director
Christopher        $   0       N/A           N/A         $   0
Carosa*, Director
Peter S.           $   0       N/A           N/A         $   0
Carosa*, Director
*  Director  of the Fund who would be considered "interested persons" as defined
by the Investment Company Act of 1940.

COMPENSATION OF DIRECTORS AND OFFICERS

Each  unaffiliated  director  was  paid  $100 per meeting in fiscal year 2021. A
total of $2,400 has been paid in fiscal year 2021.

to officers and directors of the Fund to compensate for travel expenses
associated with their Fund duties. The Fund does not compensate its officers
and directors that are affiliated with the Investment Adviser except as they
may benefit through payment of the Advisory fee.

OTHER INFORMATION CONCERNING THE BOARD OF DIRECTORS

Mr.  Carosa  acts  as  chairman  of the board and is an interested director. Mr.
Lamberton  is  the  lead  independent director. The role of the lead independent
director  is  to  review  the  quarterly meeting agenda with the chairman; call,
organize  and  lead  an  independent  directors meeting (i.e., a meeting of just
non-interested  directors)  prior  to  each  quarterly meeting; and to regularly
conference  with  the  chairman  to  discuss  pertinent  Fund  matter. The Board
believes this leadership structure is appropriate given the size of the fund and
the  level  of  Mr.  Carosa's  experience  in  the  industry. Board oversight is
augmented  by  the  fact that, at each quarterly independent director meeting, a
different  independent  director  is  selected  to  monitoring  Fund  compliance
activities for the coming quarter.

The  only  Committee of the Fund is an Audit Committee whose members are Patrick
J.  Borrelli and Bryan Hickman, all of whom are independent directors. The Audit
Committee  meets  on  an annual basis. The Audit Committee reviews the financial
reporting  process,  the  system of internal control, the audit process, and the
Fund's  process  for  monitoring  compliance  with  investment  restrictions and
applicable laws and regulations.

The Board has determined that the Fund
currently does not have a financial expert serving on its audit committee
because, it believes, according to the SEC, despite extensive executive and
management expertise, such financial expert needs to have practical experience
performing audits, and, since no director is a CPA or has ever performed audits
of financial statements, the Fund does not have a financial expert on the
audit committee.

Director Qualifications:
Mr. Christopher Carosa, a graduate of Yale with an MBA from the William E. Simon
School,

has more than four decades of experience in the investment adviser. He is
experienced in mutual fund operations, portfolio management and fiduciary
compliance. He has written more than 1,000 articles and published eight books.
He is a native of Buffalo, NY, currently lives in Mendon and is a lifelong
Western New Yorker.

Mr.  Hickman  has  a  graduate degree from Princeton. His nearly five decades of
experience  include  working in the public policy field in Washington, DC. He is
the  only  board  member with manufacturing experience. He is a longtime Western
New York resident and currently lives in Naples, NY.

Mrs.  Irwin is a Cornell graduate with more than three decades experience in the
sales  and  marketing  arena. She has a broad network of contact in both Western
New York and beyond. She is a Pittsford resident.

Mr.  Martin  has a degree from Yale and has spent more than thirty years working
in  the  construction  field.  Aside from the two interested director, he is the
only original non-interested director remaining on the board.

Mr.  Merman  has  a degree from Rochester Institute of Technology in advertising
and  public  relations.  He  has extensive experience in marketing and sales. He
lives in Buffalo, NY.

Mr.   Borrelli   has  a  degree  from  the  University  Rochester  Institute  in
engineering.  He  has extensive experience in systems and logistics. He lives in
Mendon, NY.

Mr. Peter S. Carosa has a degree from Worcester Polytechnical Institute in civil
engineering.  He  received a "Twenty under 20" award in 2015 and has significant
experience in internet-based live communications.

Mr.  Reynolds,  a  Yale graduate, is a marketing specialist who recently created
his own consulting firm. With more than three decades experience, he is the only
director  living  in the Buffalo area, his native area. He is a lifelong Western
New York resident.

CODE OF ETHICS
Both  the  Fund  and  the Fund's Investment Adviser have adopted Codes of Ethics
under  rule  17j-1 of the Investment Company Act. These Codes of Ethics describe
rules and regulations for applicable personnel regarding personal investments in
securities  held  within  the  Fund's  portfolio.  These personnel may invest in
securities held in the Fund's portfolio

PROXY POLICY

Carosa  Stanton  Asset  Management,  LLC  ("Adviser")  is  registered  with  the
Securities  and  Exchange  Commission ("SEC") as an investment adviser under the
Investment  Advisers  Act  of  1940, as amended ("Advisers Act"). Pursuant to an
advisory  agreement with Bullfinch Fund, Inc. ("Bullfinch"), the Adviser manages
the  assets  of  the  Bullfinch  Fund ("Fund"). As the investment adviser to the
Fund,  the  Adviser  is responsible for voting all proxies related to securities
held  in  the  Fund's investment portfolio. Consistent with its fiduciary duties
and  pursuant  to Rule 206(4)-6 under the Advisers Act, the Adviser has designed
this  proxy  voting  policy (the "Policy") to reflect its commitment to vote all
proxies   in  a  manner  consistent  with  the  best  interests  of  the  Fund's
shareholders and all clients of the Adviser. The Adviser,

consistent with its duty of care, will monitor corporate actions for those
issuers whose securities the Adviser will be called upon to vote. Consistent
with its duty of loyalty, the Adviser will, in all cases, vote to promote the
Fund  shareholders'  and  clients'  best  interests.  In determining how to vote
proxies,  the  Adviser  will  not  subordinate  the  interest (both economic and
socially  responsible,  given the socially responsible nature of the Western New
York  Series)  of  the Fund's shareholders or clients to its own interests or to
that of any other entity or interested party. The Fund's Proxy voting record for
the most recent

12  months  ending June 30th is available upon request without charge at the SEC
web site (www.sec.gov)or by calling 1-888-BULLFINCH (1-888-285-5346).

DISCLOSURE REGARDING THE BOARD OF DIRECTORS' APPROVAL OF THE INVESTMENT
ADVISORY CONTRACT

A  discussion  regarding  the  basis  for  the  Board of Directors approving the
renewal  of  the  investment advisory contract is available in the Fund's annual
report to shareholders covering the period ending October 31, 2022.

PRINCIPAL HOLDERS OF SECURITIES
As  of  February  27,  2023,  shareholders  on  record who own 5% or more of the
outstanding shares of the Fund are as follows:

Series:                      Name:            Address:   Percent Owned:
--------------------------------------------------------------------------------

Greater Western NY Series    J. Hartney       Hamburg, NY       28.64%
Greater  Western NY Series C. Carosa Honeoye Falls, NY 11.42% Greater Western NY
Series  K.  Lux  East  Amherst, NY 10.09% Greater Western NY Series M. Edelstein
Rochester,  NY 7.43% Greater Western NY Series B. Carosa Honeoye Falls, NY 6.98%
Greater  Western  NY  Series  B. Hickman Naples, NY 5.21% Unrestricted Series E.
Carosa Pittsford, NY 10.37% Unrestricted Series I. Burke Rochester, NY 9.08%

Unrestricted Series          S. Butera        Hamburg, NY        7.95%
Unrestricted Series          D. Ferguson      Rochester, NY      5.66%
Unrestricted Series          J. Hartney       Hamburg, NY        5.83%

Management Ownership: Officers and directors of the Fund and their

ownership of

the Fund, as of February 27, 2023, are as follows:

                         Unrestricted Series            Greater Western
                                                        New York Series
Name                     Shares       Percentage        Shares       Percentage

Christopher Carosa(1)   19,552.688(3) 4.27%            19,182.405(3)18.40%
 (Chairman, Director)

Peter S. Carosa(1)       1,449.400    0.32%             1,310.809    1.26%
 (Director)

Patrick J. Borrelli      1,258.504(4) 0.28%                 0.000    0.00%
 (Director)

Bryan D. Hickman             0.000    0.00%             5,429.318    5.21%
 (Director)

William Merman             543.646(5) 0.12%                 0.000    0.00%
 (Director)

William E.J. Martin      1,300.015    0.28%                 0.000    0.00%
 (Director)

Lois Irwin                   0.000    0.00%             3,662.968(6) 3.48%

Michael W. Reynolds      2,557.944(7)  0.56%               586.048    0.56%
 (Director)

Betsy K. Carosa(2)      19,552.688(3)  4.27%            19,182.405(3)18.40%
 (Secretary)

Catarina L. Carosa       1,359.045     0.30%             1,435.324    1.38%
 (Director)

(1) Director of the Fund who would be considered "interested persons" as defined
by the Investment Company Act of 1940.

(2) Betsy K. Carosa is the wife of Christopher
   Carosa

(3)  Christopher  and  Betsy K. Carosa own 4,388.300 shares jointly in the Unre-
stricted  Series,  19,182.405  in  their  IRA's  in the Greater Western New York
Series, 8,486.997 in their SEP-IRA's in

the Unrestricted Series and 6,677.391 in the Unrestricted Series in their
ROTH IRAs.

(4)  Patrick  J.  Borrelli  and  his  wife  each own 595.102 in the Unrestricted
Series.

(5) William Merman's wife owns these shares.

(6)  Lois  Irwin owns 2,218.942 shares of the Greater Western New York Series in
her IRA R/O. Her husband Will Irwin owns 1,337.155 shares of the Greater Western
New York Series in his IRA.

(7)  Michael W. Reynolds owns 1,451.451 shares of the Unrestricted Series in his
IRA  R/O.  His  wife Wendy S. Reynolds owns 1,106.493 shares of the Unrestricted
Series in her IRA.

INVESTMENT ADVISER
Carosa Stanton Asset Management, LLC
3909 Rush Mendon Road
Mendon, NY  14506

Carosa  Stanton  Asset  Management,  LLC is a New York Limited Liability Company
that acts as an Investment Adviser to the Fund. Carosa Stanton Asset Management,
LLC,  began  accepting  private portfolio management clients in February of 1997
and currently manages

twenty-five portfolios and approximately thirty-seven million dollars under
management as of February 27, 2023.

Christopher
Carosa  and Gordon R. Stanton established the firm in late 1996 as the principal
members  & officers. Mr. Carosa remains President. Gordon Stanton passed away in
2015.

On September 24, 1997 the Board of
Directors  of  Fund  reviewed  an  Investment  Management  Agreement with Carosa
Stanton  Asset  Management,  LLC, which was unanimously approved by the Board of
Directors.  This  Agreement  will  continue on a year to year basis, as amended,
provided  that  approval  is voted at least annually by specific approval of the
Board  of  Directors  of the Fund or by vote of the holders of a majority of the
outstanding  voting securities of the Series, but, in either event, it must also
be  approved  by a majority of the directors of the Fund who are neither parties
to the agreement nor interested persons as defined in the Investment Company Act
of  1940  at  a meeting called for the purpose of voting on such approval. Under
the  Agreement,  Carosa  Stanton Asset Manage- ment, LLC will furnish investment
advice  to  the  Fund  on  the basis of a continuous review of the portfolio and
recommend  when  and  to what extent securities should be purchased or disposed.
The Agreement may be terminated at any time, without the payment of any penalty,
by  the  Board  of  Directors or by vote of a majority of the outstanding voting
securities  of  the Series on at least 60 days' written notice to Carosa Stanton
Asset  Management,  LLC.  In  the  event  of  its assignment, the Agreement will
terminate  automatically.  Ultimate decisions as to the investment objective and
policies  are  made  by  the  Fund's  directors. For these services the Fund has
agreed  to  pay  to  the  Adviser  a  fee of 1.25% per year on the first million
dollars  of  net  assets  of  each  Ser-  ies and 1.0% per year on the remaining
portion of net assets of each Series. All fees are computed on the average daily
closing net asset value of each Ser- ies and are payable monthly in arrears. The
Adviser  will forgo sufficient fees to hold the total expenses of each Series to
less  than  2.0%  of  the  first  $10 million in assets and 1.5% of the next $20
million.

Pursuant  to  its  contract with the Fund, the Investment Adviser is required to
render research, statistical, and Advisory services to the Fund; to make specif-
ic recommendations based on each Series' investment requirements; and to pay the
salaries  of  those  of the Fund's employees who may be officers or directors or
employees of the Investment Adviser. The Fund is responsible for the operat- ing
expenses of each Series, including:

       - interest and taxes;
       - brokerage commissions;
       - insurance premiums
       - compensation and expenses of its Directors other than those affiliated
            with the Adviser;
       - legal and audit expenses;
       - fees and expenses of each Series' Custodian, and Accounting Services
          Agent,  if obtained for any Series from an entity other than
the

            Adviser;
       - expenses incidental to the issuance of its shares, including issuance
            on the payment of, or reinvestment of, dividends and capital gain
            distributions;
       - fees and expenses incidental to the registration under federal or
            state securities laws of the Fund and each Series or its shares;
       - expenses of preparing, printing and mailing reports and notices and
            proxy material to shareholders of any Series;
       - all other expenses incidental to holding meetings of the shareholders;
       - dues or assessments of or contributions to the Investment Company
            Institute or any successor; and
       - such non-recurring expenses as may arise, including litigation
            affecting the Fund and the legal obligations with respect to which
            the Fund may have to indemnify its Officers and Directors.

Advisory Fees: The advisory fees to the current adviser, for the last

three

fiscal years, are as follows:

     UNRESTRICTED SERIES                 GREATER WESTERN NEW YORK SERIES
      ADVISORY    AMOUNT            NET   ADVISORY    AMOUNT           NET
YEAR       FEE    WAIVED  ADVISORY  FEE        FEE    WAIVED  ADVISORY FEE
2020  $104,602   $     0       $104,602    $21,898   $     0       $21,898
2021  $121,125   $     0       $121,125    $26,385   $     0       $26,385
2022  $121,797   $     0       $121,125    $26,619   $     0       $26,619

PORTFOLIO MANAGER

Christopher  Carosa  is  the sole Portfolio Manager of each Series. As President
and Chief Investment Officer of the Adviser, he oversees a total of

twenty-five portfolios, totaling $37 million in assets

including the two Series, which represent the only pooled
investment vehicles. In no cases do any of the accounts managed currently pay
an advisory fee based on performance of the account. Since most of the other
accounts are managed in a style similar to the Unrestricted Series, that Series
and those accounts often buy and sell the same securities during similar time
periods. This can theoretically present a conflict should a particular security
exhibit acute illiquidity, but, given the relatively small size of both the
Series  and the number of other accounts, this situation is not likely to occur.
In  general,  because  the  investment  objective  of the Unrestricted Series is
similar  to  those other accounts, every effort is made to ensure all portfolios
are treated similarly. Again, to date, no material conflict has occurred.

In  the  event  of a conflict, the Fund is awarded shares on either a random (if
only a small portion of the order is filled) or pro-rata (if a larger portion of
the order is filled) basis.

Finally,  because  the Greater Western New York Series has a regional investment
objective,  there is likely to be only a small overlap between the portfolios of
the  two  Series  (and  with  the  other  accounts),  and,  because this overlap
generally consists of larger companies, there is little likelihood of a material
conflict with the management of the Greater Western New York Series.

The  Portfolio  Manager  is currently paid a fixed salary in cash and receives a
year-end  bonus  (also  in  cash)  based  on the profitability of the investment
adviser.  The  Portfolio  Manager  does not receive direct compensation from the
Fund.

This compensation also includes work done by the Portfolio Manager of any of the
other assets managed by the Adviser.

The Portfolio
Manager  owns  shares  in  the  Fund  both directly and through his spouse. This
ownership amount is disclosed earlier in this SAI under the Principal Holders of
Securities section.

TRANSFER AGENT
Bullfinch Fund, Inc.
3909 Rush Mendon Road
Mendon, New York  14506

As  the  Fund  acts as its own Transfer Agent, Mr. Carosa, Mr. Stanton, and Mrs.
Carosa are all affiliated with both.

PRINCIPAL UNDERWRITER
There is no underwriter.

CUSTODIAN
Charles Schwab & Co., Inc.
The Schwab Building
101 Montgomery Building,
San Francisco, CA 94104

The  custodian  safe  keeps  the  portfolio securities and investments, collects
income,  disburses funds as instructed, and maintains records in connection with
its duties.

INDEPENDENT PUBLIC ACCOUNTANT
DeJoy, Knauf & Blood, LLP
Certified Public Accountants
280 East Broad Street, Suite 300
Rochester, NY 14604

The  Independent  Public  Accountant  performs  an  annual  audit  of the Fund's
financial  statements,  including  the processing of shareholder transactions by
the Fund's Transfer Agent, and takes care of all tax filing matters.

There  have  been  no changes in or disagreements with the Independent
Public Accountant.

BROKERAGE

Subject  to the supervision of the Board of Directors, decisions to buy and sell
securities  for  the  Fund and negotiation of its brokerage commission rates are
made  by  the Adviser. Transactions on United States stock exchanges involve the
payment  by the Fund of negotiated brokerage commissions. There may be no stated
commission  in  the case of securities traded in the over-the-counter market but
the  price  paid by the Fund usually includes a dealer commission or mark-up. In
certain  instances, the Fund may make purchases of underwritten issues at prices
which include underwriting fees.

The Investment Management Agreement states that in connection with its duties to
arrange  for  the  purchase  and the sale of securities held in the portfolio of
each  Series  by  placing  purchase and sale orders for each Series, the Adviser
shall  select  such  broker-dealers  ("brokers")  as  shall,  in  the  Adviser's
judgment, implement the policy of each Series to achieve "best execution", i.e.,
prompt and efficient execution at the most favorable securities price. In making
such  selection,  the  Adviser  is  authorized  in the Agreement to consider the
reliability,  integrity  and  financial  condition  of  the broker, the size and
difficulty  in executing the order and the value of the expected contribution of
the  broker  to the investment performance of each Series on a continuing basis.
The  Board of Directors will evaluate and review the reasonableness of brokerage
commissions paid on a quarterly basis.

During the last three years, each Series paid the following

commissions:

                                   2022        2021        2021
Unrestricted Series              $    0      $    0      $    0
Greater Western New York Series  $    0      $    0      $    0

CAPITALIZATION

Description  of Common Stock: The authorized capitalization of the Fund consists
of  10,000,000  shares  of common stock of $0.01 par value per share. Each share
has  equal  dividend,  distribution and liquidation rights. There are no conver-
sion  or  pre-emptive  rights  applicable  to any shares of the Fund. All shares
issued  are  fully paid and non-accessible. Voting Rights: Each holder of common
stock  has  one  vote  for  each  share  held and fractional shares will have an
equivalent fractional vote. Voting rights are non-cumulative.

PRICING OF SHARES
The net asset value of the Series' shares is determined as of the close of busi-
ness  of  the  New York Stock Exchange (the "Exchange") typically 4:00pm Eastern
Time or earlier for days the Exchange closes early for holidays on each business
day  of which that Exchange is open. The Exchange annually announces the days on
which  it  will  not be open for trading; the most recent announcement indicates
that  it  will  not  be  open on: New Year's Day, Martin Luther King's Birthday,
Presidents'  Day,  Good  Friday,  Memorial  Day,  Independence  Day,  Labor Day,
Thanksgiving  Day  and  Christmas  Day.  The price is determined by dividing the
value  of  its  securities, plus any cash and other assets less all liabilities,
excluding  capital  surplus, by the number of shares outstanding. The Adviser is
responsible for pricing and calculating the daily net asset value.

Securities traded on national securities exchanges or the NASDAQ National Market
System are valued at the closing prices of the securities on these exchanges and
securities  traded  on  over-the-counter markets are valued daily at the closing
bid prices.

Short  term  paper (debt obligations that mature in less than 60 days) is valued
at  amortized  cost  which approximates market value. Other assets are valued at
fair value as determined in good faith by the Board of Directors.

In  cases  where  market  prices  are  unreliable  or not readily available, for
example,  when  trading on securities are halted as permitted by the SEC or when
there is no trading volume on an Over-the-Counter security held by the Fund, the
Fund  relies  on  fair  value pricing provided by the Adviser. In performing its
fair  value  pricing,  the  Adviser  acts under the ultimate supervision of, and
follows,  the policies of the Board of Directors. The Board of Directors retains
the right to determine its own fair value price should it have reason to believe
the  price  provided  by  the  Adviser  does  not  reflect  fair  value. Valuing
securities  at  fair value involves greater reliance on judgment than securities
that  have  readily  available  market quotations. There can be no assurance the
Fund could obtain the fair value assigned to a security if they were to sell the
security  at approximately the time at which the Fund determines their net asset
value per share.

PURCHASE OF SHARES AND REINVESTMENTS
The  purchase  price  of the shares offered by the Fund for any Series is at the
net asset value per share next determined after receipt of the purchase order by
the Fund in good order and is computed in the manner described under the caption
"PRICING  OF  SHARES"  in  this Prospectus. The Series reserves the right at its
sole  discretion to terminate the offering of its shares made by this Prospectus
at  any  time  and  to  reject  purchase  applications  when, in the judgment of
management  such  termination or rejection is in the best interests of the Fund.
Such notification will be within 72 hours.

A  purchase  order is received in good order when the Fund receives payment and,
in the case of new shareholders, a completed Shareholder Application, or, in the
case of existing shareholders, a correspondence indicating a desire to purchase.

Payment  may  be  made by wire. Payment is considered received as of the day the
check is received by the Fund if the Fund receives the check before the close of
regular trading on the New York Stock Exchange as defined above.

If  payment  is  made by wire, payment is considered received the day payment is
received by the Series' custodian. All orders received prior to 4pm will receive
that  days  NAV.  All orders received after 4pm will be processed as of the next
business day.

In  compliance  with the USA Patriot Act of 2001, please note that the Fund will
verify  certain  information  on  your account application as part of the Fund's
Anti-Money  Laundering  Program.  As  requested  on  the application, you should
supply  your  full  name,  date  of  birth, social security number and permanent
street address. Mailing addresses containing a P.O. Box will not be accepted.

Market Timing Restrictions
Short-term  or  excessive  trading  often  referred  to  as  "market timing," is
discouraged by the Fund and the Fund does not accommodate frequent purchases and
redemptions.

Market timing can have a potentially negative impact on the value of shareholder
assets.  Since its inception, it has been the practice of the Fund to discourage
and,  to  the  extent  possible  as  allowed  by  law, prohibit individuals from
engaging in market timing activities.

In  April  of  2006 the Board formalized its redemption fee policy in accordance
with  Rule  22c-2.  The policy states the fund's board of directors, including a
majority  of  directors  who  are  not  interested  persons  of  the  fund, have
determined  that  imposition  of  a  redemption  fee  is  not  necessary and not
appropriate  given  the  manner in which the fund is distributed - including the
lack of intermediaries - and the small number of shareholders in the fund.

To  date the Fund had not seen any activity among its shareholders that it would
deem  to be market timing. The Fund does not maintain any arrangements to permit
excessive trading and market timing activities.

Frequent  purchases  and  redemptions  of  Fund shares ("excessive trading") may
interfere  with  the  Portfolio Manager's ability to manage the Fund's portfolio
effectively,  especially  in  view  of  the  Fund's  size  and the nature of its
investments.  Excessive  trading  could  increase  the  Fund's  transaction  and
administrative  costs  and/or affect the Fund's performance depending on various
factors  such  as the amount of cash or cash equivalents in the Fund's portfolio
at  any given point in time. As a result of excessive trading, the Fund might be
required  to  sell  portfolio  securities  at unfavorable times in order to meet
redemption  requests.  Such sales could increase the transaction expenses of the
Fund and have a negative impact on the Fund's performance.

Shareholders  need  be  made  aware  that,  as  of  the this writing, the SEC is
considering  imposing  mandatory  redemption  fees  among  all funds for certain
transactions. The Fund will comply with any rule the SEC makes regarding this.

INITIAL INVESTMENTS
Initial  purchase  of  shares  of  the  Series may be made on- ly by application
submitted  to  the  Fund.  For  the  convenience  of investors, a Share Purchase
Application  form is provided with this Prospectus. The minimum initial purchase
of shares is $2,500 ($500 for IRAs).

SUBSEQUENT PURCHASES
Subsequent  purchases may be made by check or readily available funds and may be
made  in  writing  (including  an  electronic  trans-  mission) or by telephone.
Shareholders  wishing to make subsequent purchases by telephone must first elect
the  privilege  by  writing to the Fund. The minimum subsequent purchase is $250
($50  for  IRAs),  but  less  may  be  accepted  only  in  the case of corporate
retirement   plans  that  regularly  contribute  to  their  account  via  salary
deferrals.

Exchanges  by  the  Fund Between Series: To purchase shares by exchanging by The
Fund from another Series, please call the Bullfinch Fund shareholder services at
1-888-BULLFINCH  (1-888- 285-5346) for instructions. Your exchange will be based
on  the  closing  net  asset value per share next determined after your purchase
order is received in good order.

There  is no charge for exchanges between Series. Generally, an exchange between
Series  is  a  taxable  event.  The  Fund  reserves  the right to temporarily or
permanently  terminate  the  exchange privilege for any shareholder who makes an
excessive number of exchanges between Series.

In terminating the exchange privilege the shareholder will always have the right
to  redeem  shares.  Anything greater than 3 exchanges within six months will be
considered  excessive.  You  will  receive  advance written notice that the Fund
intends  to limit your use of the exchange privilege. The Fund also reserves the
right  to  terminate  or  modify the exchange privilege at any time upon 30 days
advance written notice or to refuse any exchange request.

Re-Investments:  The  Fund  will automatically retain and reinvest dividends and
capital gains distributions in fractional shares and use same for the pur- chase
of  additional  shares for the shareholder at net asset value as of the close of
business  on  the  distribution date. A shareholder may at any time by letter or
forms supplied by the Fund direct the Fund to pay dividend and/ or capital gains
distributions, if any, to such shareholder in cash.

Fractional Shares: Fractional shares may be purchased. The Fund will maintain an
account  for  each  shareholder  of  shares  for which no certificates have been
issued.

INDIVIDUAL RETIREMENT ACCOUNTS
You  may purchase shares for an individual retirement accounts ("IRA") including
Roth  IRA's,  SEP's,  and  Simple  IRA's.  IRA investments are available for the
following:

      - Regular contributions
      - Rollover of certain employer sponsored pension and profit-sharing plan
             distributions.
      - Transfers from other IRA's

All  assets  are  automatically invested in Fund shares, including all dividends
and  distributions  paid  on  Fund  shares within an IRA. There is an annual fee
(currently $75.00) charged by the IRA Trustee, Sterling Trust Co.

The  Fund  may  pay  the annual fee for accounts on the discretion of the Fund's
Management  or  Directors,  although  IRAs  may be charged the annual fee either
Annually or upon termination for IRA Trustee fee in the discretion of the Fund's
Management or Directors.

Any
Account  that  terminates  it's  IRA  with  the  IRA Custodian may be subject to
termination  charges from the IRA Custodian. These charges are identified in the
IRA Custodian's Application and Disclosure Statement. When the Fund pays any IRA
related fees it will be a Fund operating expense. If the fees are charged to the
IRA  owners  then  the  owner will have the option of paying the fee directly or
have the fee charged to their IRA.

Each  IRA  with account value of $10,000 or more will not be charged IRA Trustee
Fees.  IRA's  with  less than $10,000 may be charged the current Annual rate for
IRA  Trustee  Fees  (presently at $75 but subject to increase without notice) on
the  discretion  of  the  Fund's  Management  or  Directors.  Any  Account  that
terminates  its IRA with the IRA Custodian may be subject to termination charges
from  the  IRA  Custodian.  These  charges are identified in the IRA Custodian's
Application and Disclosure Statement.

PENSION, PROFIT SHARING AND 401-K PLANS
Purchases  of  Fund shares through a business' retirement plans are available to
the  owners, officers and employees who participate in the retirement plans. The
accounts  will  be  registered  under  the  name  and  tax identification of the
pension, profit sharing and/or 401K plans.

REDEMPTION OF SHARES
The  Fund will redeem all or any part of the shares of any shareholder who sends
a  letter requesting redemption to the Fund at its address as it appears on this
Prospectus (if certificates have not been issued) or certifi- cates with respect
to shares for which certificates have been issued. In either case, the Fund will
require  proper endorsements guaranteed either an Eligible Guarantor Institution
as   defined  by  the  Securities  Exchange  Act  of  1934.  Eligible  Guarantor
Institution means:

       - Banks                                 - Broker/Dealers
       - Credit unions                         - National securities exchanges
       - Registered securities associations    - Clearing agencies
       - Savings associations

It  shall  be  the  standard  procedure for the Fund to automatically accept any
signature guarantee unless:

- the Fund has material evidence to suggest the guaranteeing institution

  is not an Eligible Guarantor Institution; or,
- because the person acting on behalf of the guarantor institution is not
  authorized by that institution to act on its behalf, but only if the
Fund  maintains  a  list of people authorized to act on behalf of that guarantor
institution.

Please note that you cannot get a signature guarantee from a notary public.

The  redemption price is the net asset value per share next determined after the
order  is  received in good order by the close of the market as defined above by
the  Fund  for redemption of shares. For example, a redemption order received by
4pm will be received the NAV of that day. A remdemption order received after 4pm
will be processed on the next day. The proceeds received by the shareholder may

be more or less than his cost of such shares, depending upon the net asset value
per share at the time of redemption and the difference should be treated by the
shareholder as a capital gain or loss for federal income tax purposes.

Payment  by  the  Fund  will ordinarily be made within three business days after
tender  of  a  valid  redemption  request.  The  Fund  may  suspend the right of
redemption or postpone the date of payment for more than seven days if:

      - The New York Stock Exchange is closed for other than customary weekend
             or holiday closings,
      - Trading on the New York Stock Exchange is restricted as determined by
            the Securities and Exchange Commission
      - The Securities and Exchange Commission has determined that an emergency
            exists, making disposal of fund securities or valuation of net
            assets not reasonably practicable.
      - Other extraordinary events which may restrict the Fund from selling its
            securities or distributing its liquid assets, but only as permitted
            under Rule 22c-1.

TAX STATUS

Under provisions of Sub-Chapter M of the Internal Revenue Code of 1986 as amend-
ed,  the  Series,  by  paying out substantially all of its investment income and
realized  capital  gains,  and by satisfying certain other requirements has been
and  intends to continue to be relieved of federal income tax on the amounts di-
stributed to shareholders.

Distribution  of  any net long term capital gains realized by the Series will be
taxable  to the shareholder as long term capital gains, regardless of the length
of time Series shares have been held by the investor. All income realized by the
Series, including short term capital gains, will be taxable to the share- holder
as  ordinary  income.  Dividends  from  net income will be made annually or more
frequently  at  the  discretion  of  the  Fund's  Board  of Directors. Dividends
received shortly after purchase of shares by an investor will have the effect of
reducing the per share net asset value of his shares by the amount of such divi-
dends  or distributions and, although in effect a return of capital, are subject
to federal income taxes.

The  Fund  is  required  by  federal  law to withhold 31% of reportable payments
(which may include dividends, capital gains, distributions and redemptions) paid
to  shareholders  who  have not complied with IRS regulations. In order to avoid
this withholding requirement, you must certify on a W-9 tax form supplied by the
Fund  that  your  Social  Security or Taxpayer Identification Number provided is
correct  and  that you are not currently subject to back-up withholding, or that
you are exempt from back-up withholding.

Federal Tax Treatment of Dividends and Distributions

The  following  is  only  a  summary  of  certain  additional tax considerations
generally  affecting  the  Series and its shareholders that are not described in
the  Series' Prospectus. No attempt is made to present a detailed explanation of
the tax treatment of the Series or its shareholders, and the discussion here and
in  the  Series'  Prospectus  is  not  intended  as a substitute for careful tax
planning.

The  following  discussion  of  federal  income tax consequences is based on the
Internal  Revenue  Code  of  1986,  as  amended (the "Code") and the regulations
issued  thereunder  as  in  effect  on  the date of this Statement of Additional
Information.  New  legislation,  as  well  as  administrative  changes  or court
decisions,  may  significantly  change the conclusions expressed herein, and may
have a retroactive effect with respect to the transactions contemplated herein.

Qualification as Regulated Investment Company
As  a  regulated  investment company ("RIC") under Subchapter M of the Code, the
Series  is  exempt  from  federal  income  tax  on its net investment income and
capital gains which it distributes to shareholders, provided that it distributes
at least 90% of its investment company taxable income (generally, net investment
income  and the excess of net short-term capital gain over net long-term capital
loss)  for the year (the "Distribution Requirement") and satisfies certain other
requirements  of  the Code that are described below. Distributions of investment
company   taxable   income  made  during  the  taxable  year  will  satisfy  the
Distribution Requirement.

In  addition  to  satisfaction  of the Distribution Requirement each Series must
derive  at  least  90%  of  its  gross  income from dividends, interest, certain
payments  with  respect  to  securities  loans  and gains from the sale or other
disposition  of  stocks,  securities or foreign currencies, or from other income
(including  but not limited to gains from options, futures or forward contracts)
derived  with  respect to its business of investing in such stock, securities or
currencies  ("Qualifying  Income")  and derive less than 30% of its gross income
from  the  sale  or  other  disposition  of stocks, securities and certain other
investments  held  for  less  than three months including foreign currencies (or
options,  futures  or  forward contracts on foreign currencies) but only if such
currencies  (or  options, futures or forward contracts) are not directly related
to the Series' principal business of investing in stock or securities or options
and  futures  with  respect  to stocks or securities (the so-called "Short-Short
Gain  Rule").  Moreover,  at  the  close of each quarter of its taxable year, at
least  50%  of  the  value  of  the Series' assets must consist of cash and cash
items,  Government securities, securities of other RICs, and securities of other
issuers  (as  to  which the Series has not invested more than 5% of the value of
its total assets in any one issuer and as to which the Series does not hold more
than 10% of the outstanding voting

securities of any one issuer), and no more than 25% of the value of its total
assets may be invested in the securities of any one issuer (other than
Government  securities  and securities of other RICs), or in two or more issuers
which  the Series controls and which are engaged in the same, similar or related
trades or businesses (the "Asset Diversification Test").

Individual  Retirement Account: Persons who earn compensation and are not active
participants  (and  who do not have a spouse who is an active participant) in an
employer maintained retirement plan may establish Individual Retirement Accounts
(IRA)  using  Fund shares. Annual contributions, limited to the lesser of $2,000
or 100% of compensation, are tax deductible from gross income. This IRA

deduction is also retained for individual taxpayers and married couples with
adjusted gross incomes within certain specified limits. All individuals may
make nondeductible IRA contributions to separate accounts to the extent that
they are not eligible for a deductible contribution.

Earnings  within  the  IRA are reinvested and are tax-deferred until withdrawals
begin.  The maximum annual contribution may be increased to $4,000 if you have a
spouse  who  earns  no  compensation  during  the  taxable  year. A separate and
independent  Spousal  IRA  must be maintained. You may begin to make non-penalty
withdrawals as early as age 59 1/2 or as late as age 70 1/2. In the event of

death or disability, withdrawals may be made before age 59 1/2 without penalty.

Simplified  Employee Pension: Employers may use the Fund to establish Simplified
Employee   Pension   (SEP)   IRA's  for  each  qualifying  employee.  Deductible
contributions  may  be  made  by the employer through a SEP IRA, which meets the
requirements of section 408(k) of the code. An employer may contribute up to the
lesser of 15% of your calendar year compensation or $22,500.

Roth  IRA:  Individuals  may  use  the  Fund  for  contributions  to a Roth IRA.
Contributions  to  a  Roth  IRA  are  not deductible and are limited to the same
amounts  allowable  for  regular IRA's. In addition there are income limitations
that  must be met in order to contribute to a Roth IRA. However, all withdrawals
from  a Roth IRA are not included in income if it is a "qualified distribution".
Qualified  distributions  are to be made no sooner than the fifth tax year after
the year the Roth IRA contribution is made, and the individual must be age 59.5,
or for the events of death, disability or first home purchase (maximum $10,000).

U.S.  Treasury  Regulations  require  a  Disclosure  Statement.  This  Statement
describes  the general provisions of the IRA and is forwarded to all prospective
IRA's.  The  Fund  will  pay  the setup fees charged by the trustee. There is an
annual  fee  of  $75.00  charged by the IRA Trustee, Sterling Trust Co. The Fund
will  pay the annual fee for accounts with a value of at least $10,000. Accounts
below  $10,000  in  market  value  may  be charged the $150.00 fee. This will be
decided  on  an annual basis by the Fund's President or Directors. When the Fund
pays  the  annual  fees  it will be a Fund operating expense of the Fund. If the
fees are charged to the IRA owners then the owner will have the option of paying
the  fee directly or have the fee charged to their IRA. All IRA's may be revoked
within seven days of their establishment with no penalty.

CALCULATION OF PERFORMANCE DATA
The Fund's average annual total returns are calculated using the following
formula:                             n
                                P(1+T) =ERV
                WHERE:
                P    = a hypothetical initial payment of $1,000
                T    = average annual total return

                n    = number of years
                  ERV = ending redeemable value of a hypothetical $1,000 payment
                            made  at  the  beginning  of  the 1-, 5-, or 10-year
                            periods  at  the  end  of  the  1-,  5-, or 10- year
                            periods (or fractional portion).

The  Fund's  average  annual  total  returns  (after taxes on distributions) are
calculated using the following formula:

                                     n
                                P(1+T) = ATV(D)
                WHERE:
                P       = a hypothetical initial payment of $1,000
                T       = average annual total return

                n       = number of years
                  ATV(D)  =  ending  redeemable  value  of a hypothetical $1,000
                                payment  made at the beginning of the 1-, 5-, or
                                10-year periods at the end of the 1-, 5-, or 10-
                                year  periods  (or  fractional  portion),  after
                                taxes  on fund distributions but not after taxes
                                on redemption.

The  Fund's  average  annual  total  returns  (after  taxes on distributions and
redemption) are calculated using the following formula:

                                     n
                                P(1+T) = ATV(DR)
                WHERE:
                P       = a hypothetical initial payment of $1,000
                T       = average annual total return

                n       = number of years
                  ATV(DR)  =  ending  redeemable  value of a hypothetical $1,000
                                payment  made at the beginning of the 1-, 5-, or
                                10-year periods at the end of the 1-, 5-, or 10-
                                year  periods  (or  fractional  portion),  after
                                taxes on fund distributions and redemption.

FINANCIAL STATEMENTS
  (The required financial statements and schedules are incorporated by
   reference to Bullfinch Fund, Inc.; 333-26321; 811-08191; Form N-CSR

   filed on December 22, 2023 with Accession Number 0001493152-22-036375.

<PAGE>

                        FORM N-1A
                PART C - OTHER INFORMATION

          Contents                                          Page #

Item 28.  Financial Statements & Exhibits                        1

Item 29.  Persons Controlled by or Under Common Control          9

Item 30.  Indemnification                                        9

Item 31. Business and Other Connections of
   Investment Adviser 9

Item 32.  Principal Underwriters                                 9

Item 33.  Location of Accounts & Records                         9

Item 34.  Management Services                                    10

Item 35.  Undertakings                                           10

          Signatures                                             11

          Exhibits                                               12

                                      -i-
<PAGE>

Item 28. Financial Statements and Exhibits

(a)      (1)  Articles of Incorporation - Articles of Incorporation as
         filed  with  the  State  of  Maryland  on  January  29,  1997
         (incorporated   by   reference   to   Bullfinch  Fund,  Inc.;
         333-26321;  811-08191;  Form N-1A filed on June 29, 1998 with
         Accession   Number  0001038199-98-000004).  (2)  Articles  of
         Amendment - none

(b)     By-laws - (incorporated by reference to
        Bullfinch Fund, Inc.; 333-26321; 811-08191; Form N-1A filed on
        June 29, 1998 with Accession Number 0001038199-98-000004).
(c)  Instruments  Defining  Rights  of  Security  Holders  - None (d) Investment
Advisory Contracts - (incorporated by reference to

        Bullfinch Fund, Inc.; 333-26321; 811-08191; Form N-1A filed on
        June 29, 1998 with Accession Number 0001038199-98-000004).
(e)     Underwriting Contracts - None
(f)     Bonus or Profit Sharing Contracts - None
(g)      Custodian Contracts - (incorporated by reference to Bullfinch
         Fund, Inc.; 333-26321; 811-08191; Form N-1A filed on June 29,
         1998  with  Accession Number 0001038199-98-000004). (h) Other
         Material Contracts - None

(i)  Legal  Opinion  -  (incorporated  by  reference  to  Bullfinch  Fund, Inc.;
333-26321; 811-08191; Form N-1A filed on June 29, 1998

         with   Accession   Number  0001038199-98-000004).  (j)  Other
         Opinions

      CONSENT OF INDEPENDENT ACCOUNTANTS

Bullfinch Fund, Inc.
3909 Rush-Mendon Road
Mendon, NY 14506

We  hereby  consent  to  the  incorporation  by  reference  in this Registration
Statement on Form N-1A of Bullfinch Fund, Inc. of our reports dated December 21,
2022, relating to the financial statements and financial highlights of Bullfinch
Fund,  Inc.  - Unrestricted Series (one of the series constituting the Bullfinch
Fund,  Inc.)  and Bullfinch Fund, Inc. - Greater Western New York Series (one of
the  series  constituting  the  Bullfinch  Fund,  Inc.)  which  are  included in
Bullfinch  Fund,  Inc.'s Certified Shareholder Report on Form N-CSR for the year
ended October 31, 2022.

/s/ DeJoy, Knauf & Blood, LLP
Rochester, New York
February 27, 2023.

(k)     Omitted Financial Statements - None
(l)     Initial Capital Agreements - None
(m)     Rule 12b-1 Plan - None
(n)     Rule 18f-3 Plan - None

(o)
        Reserved

(p)
        Code  of  Ethics  - (incorporated by reference to Bullfinch Fund, Inc.;
        333-26321; 811-08191;   Form   N-1A   filed   on  October  30,  2003
        with Accession  Number 0001038199-02-000005).

Item  29. Persons Controlled by or Under Common Control - See Major Shareholders
Part B.

Item  30.  Indemnification  -  Insofar  as indemnification for liability arising
          under  the  Securities  Act  of  1933  may  be permitted to directors,
          officers and controlling persons of the registrant, the registrant has
          been  advised  that,  in  the  opinion  of the Securities and Exchange
          Commission, such indemnification is against public policy as expressed
          in the Act and is, therefore, unenforceable. In the event that a claim
          for  indemnification  against such liabilities (other than the payment
          by  the registrant of expenses incurred or paid by a director, officer
          or  controlling  person of the registrant in the successful defense of
          any  action, suit or proceeding) is asserted by such director, officer
          or  controlling person in connection with the securities being regist-
          ered,  the  registrant  will, unless in the opinion of its counsel the
          matter has been settled by controlling precedent, submit to a court of
          appropriate  jurisdiction the question whether such indemnification by
          it  is  against public policy as expressed in the Act and will be gov-
          erned by the final adjudication of such issue.

Item  31. Business and Other Connections of Investment Adviser - the activity of
          Carosa   Stanton   Asset  Management,  LLC  at  the  present  time  is
          performance  under  the  terms  of the Investment Management Agreement
          currently  effective  between Carosa Stanton Asset Management, LLC and
          the  BULLFINCH  FUND, Inc. Mr. Christopher Carosa, is the sole members
          of  the  Investment  Adviser. Mr. Carosa is also Executive Director of
          CTO  Research  Associates,  a  research  and consulting firm and Chief
          Contributor  to Pandamensional Solutions, Inc., marketing and research
          firm.

Item 32. Principal Underwriters - none.

Item  33.  Location  of  Accounts  &  Records  - all Fund records, including all
          accounts,  books  and  other  documents  required  to be maintained by
          Section  31(a)  of  the 1940 Act and the Rules promulgated thereunder,
          are  held  in  corporate headquarters - 3909 Rush Mendon Road, Mendon,
          New York 14506.

          All assets and securities of the Series
          are in account at Charles Schwab & Co. Inc, The Schwab Building, 101
                  Montgomery Building, San Francisco, CA 94104.

Item 34. Management Services - Not applicable

Item 35. Undertakings - Not applicable

     SIGNATURES

Pursuant  to  the  requirements of the Securities Act of 1933 and the Investment
Company Act of 1940, the BULLFINCH FUND, Inc. certifies that it meets all of the
requirements  for effectiveness of this registration statement under rule 485(b)
under  the  Securities Act and has duly caused this registration statement to be
signed on its behalf by the undersigned, thereunto duly authorized, in

the Town of Mendon and State of New York, on the 27th day of February 2023.

                                                          BULLFINCH FUND, INC.

                                                  /s/
                                                  Christopher Carosa,
                                                  President

Pursuant  to  the  requirements of the Securities Act of 1933, this registration
statement has been signed below by the

following person

in the capacities and

on the date indicated.

/s/
Christopher Carosa         President, Treasurer and Director        2-27-23

/s/
Patrick J. Borrelli        Director                                 2-27-23

/s/
Bryan D. Hickman           Director                                 2-27-23

/s/
William Merma              Director                                 2-27-23

/s/
Peter S. Carosa            Director                                 2-27-23

/s/
William E. J. Martin       Director                                 2-27-23

/s/
Lois Niland                Director                                 2-27-23

/s/
Michael W. Reynolds        Director                                 2-27-23

/s/
Betsy K. Carosa            Secretary                                2-27-23

                                      -11-
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