Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
CASCADE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 913   Room/suite
City or town, state, and ZIP code
ROCKPORT, ME048560913
A Employer identification number

20-4956488
B Telephone number (see page 10 of the instructions)

C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$20,177,173J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 45    
4 Dividends and interest from securities...... 917,729 917,729 9,177,229
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 58,182
b Gross sales price for all assets on line 6a 3,225,276
7 Capital gain net income (from Part IV, line 2)... 58,182
8 Net short-term capital gain......... 5,352
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 115,478 115,478 115,478
12 Total. Add lines 1 through 11........ 1,091,434 1,091,389 9,298,059
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 213,293 213,293 213,293  
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 23,021 23,021 23,021  
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,200      
c Other professional fees (attach schedule).... Click to see attachment 83,594 83,594 83,594  
17 Interest............... 109 109 109  
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 17,421 17,421 17,421  
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,240    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,978 2,978 2,978  
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 19,632 19,632 19,632  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 373,488 360,048 360,048 0
25 Contributions, gifts, grants paid........ 1,057,429 1,057,429
26 Total expenses and disbursements. Add lines 24 and 25 1,430,917 360,048 360,048 1,057,429
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -339,483
b Net investment income (if negative, enter -0-) 731,341
c Adjusted net income (if negative, enter -0-)... 8,938,011
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... -60,991 60,797 60,797
2 Savings and temporary cash investments.......... 2,043,445 221,076 221,076
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions).................... 19,194    
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 3,827,277 Click to see attachment7,062,380 7,153,852
b Investments—corporate stock (attach schedule)........ 8,022,476 Click to see attachment7,466,991 7,008,273
c Investments—corporate bonds (attach schedule)........ 4,021,464 Click to see attachment1,875,155 1,968,009
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,906,795 Click to see attachment3,737,902 3,686,290
14 Land, buildings, and equipment: basis bullet22,436
Less: accumulated depreciation (attach schedule) bullet12,491 5,516 Click to see attachment9,945 9,945
15 Other assets (describe bullet) 5,800 Click to see attachment16,731 68,931
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,790,976 20,450,977 20,177,173
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) 8,028 Click to see attachment6,914
23 Total liabilities (add lines 17 through 22).......... 8,028 6,914
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 20,782,948 20,444,063
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 20,782,948 20,444,063
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 20,790,976 20,450,977
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 20,782,948
2 Enter amount from Part I, line 27a..................... 2 -339,483
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 4,706
4 Add lines 1, 2, and 3.......................... 4 20,448,171
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 4,108
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 20,444,063
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICALLY TRADED SECURITIES P 2010-08-01 2011-05-30
b PUBLICALLY TRADED SECURITIES P 2009-02-03 2011-01-06
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 602,365   597,013 5,352
b 2,622,911   2,570,081 52,830
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       5,352
b       52,830
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 58,182
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3 5,352
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 21,502,442 19,713,317 1.090757
2009 22,168,657 14,161,468 1.565421
2008 17,346,353 16,495,512 1.05158
2007 17,538,770 15,837,018 1.107454
2006 16,005,535 14,250,045 1.123192
2 Total of line 1, column (d) ...................... 2 5.938404
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 1.187681
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 20,417,695
5 Multiply line 4 by line 3....................... 5 24,249,708
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,313
7 Add lines 5 and 6......................... 7 24,257,021
8 Enter qualifying distributions from Part XII, line 4.............. 8 21,188,943
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 14,627
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 14,627
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,627
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 3,542
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 4,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,542
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 7,085
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletME
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletDANIEL DIBNER Telephone no.bullet (203) 903-0762
    Located atbullet688 COMMERCIAL STREETROCKPORTME ZIP+4bullet04856
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet2010, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    DANIEL DIBNERClick to see attachment MANAGER
    35     		90,147 0 0
    688 COMMERCIAL STREET
    ROCKPORT,ME04856
    VICTORIA DIBNERClick to see attachment ASST MANAGER
    35     		90,147 0 0
    47 EAST MEADOW RD
    WILTON,CT06897
    AURORA C DIBNERClick to see attachment DIRECTOR
    5     		11,000 0 0
    74 GLOUCHESTER COURT
    NEWINGTON,CT06111
    AVALON B DIBNERClick to see attachment DIRECTOR
    5     		11,000 0 0
    3131 WALNUT STREET
    PHILADELPHIA,PA19104
    BERN L DIBNERClick to see attachment DIRECTOR
    5     		11,000 0 0
    688 COMMERCIAL STREET
    ROCKPORT,ME04856
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 2
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    GOLDMAN SACHSClick to see attachment MANAGE FUNDS 83,594
    200 WEST STR 39TH FLOOR
    NEW YORK,NY10282
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SMITHSONIAN INSTITUTE SUPPORT FOR THE BERN DIBNER LIBRARY 119,667
    2 UNITED MIDCOAST CHARIITIES PHILANTHROPIC XMAS CAMPAIGN 105,000
    3 UNIVERSITY OF PENNSYLVANIA OBGYN SIMULATOR LABORATORY 89,900
    4 PENBAY HEALTH CARE FUND WOMEN HEALTH FOR LOW INCOME MOTHERS 77,000
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 GOLDMAN SACHS VARIOUS FUNDS 16393612 16,393,612
    2 OTHER INVESTMENTS STATEMENT 118 3737902 3,737,902
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet20,131,514
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    19,517,584
    b
    Average of monthly cash balances.......................
    1b
    1,132,164
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    78,876
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,728,624
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    20,728,624
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    310,929
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,417,695
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,020,885
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,020,885
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    14,627
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,627
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,006,258
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,006,258
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,006,258
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,057,429
    b
    Program-related investments—total from Part IX-B..................
    1b
    20,131,514
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    21,188,943
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    21,188,943
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 1,006,258
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 51,906
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 21,188,943
    a Applied to 2010, but not more than line 2a 51,906
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 1,006,258
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		1,057,429
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
    2006-09-15
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
    731,431 347,781 158,978 247,762 1,485,952
    b 85% of line 2a ......... 621,716 295,614 135,131 210,598 1,263,059
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		21,188,943 21,502,442 20,606,874 17,346,353 80,644,612
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		21,188,943 21,502,442 20,606,874 17,346,353 80,644,612
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ...... 20,790,976 20,092,448 20,744,246 16,952,616 78,580,286
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 20,764,300 20,061,938 20,710,894 16,924,153 78,461,285
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		680,590 657,111 474,409 552,600 2,364,710
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income 1,091,434 721,130 473,602 532,339 2,818,505
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SMITHSONIAN INSTITUTE
    P O BOX 37012
    WASHINGTON,DC200137012     		NONE NON PROFIT SMITHDIBNERLIBRARY FUNDING 119,667
    UNITED MID-COAST CHARITIES
    P O BOX 205
    CAMDEN,ME048430205     		ADVISE BD NON PROFIT PHILANTHROPICXMAS CAMPAIGN 105,000
    UNIVERSITY OF PENNSYLVANIA
    418 CURIE BLVD
    PHILADELPHIA,PA191044217     		ADVISE BD EDUCATION OBGYN SIMULATORLABORATORY 89,900
    PEN BAY HEALTHCARE
    22 WHITE STREET
    ROCKLAND,ME04841     		NONE NON PROFIT HEALTHCARE FORINCOME WOMEN 77,000
    UCONN FOUNDATION
    263 FARMINGTON AVENUE
    FARMINGTON,CT06030     		NONE EDUCATION FREE DENTAL CAREFOR CT RESIDENTS 70,000
    LOWELL OBSERVATORY
    1400 W MARS HILL ROAD
    FLAGSTAFF,AZ86001     		ADVISE BD EDUCATION 1 PHILANTHROPIC2 SCIENTIFICRESEARCH 27,000
    NATURE CONSERVANCY OF MAINE
    14 MAIN STREET SUITE 401
    BRUNSWICK,ME04011     		NONE TRUST LAND PRESERVATION 25,040
    PLANNED PARENTHOOD
    434 WEST 33RD STREET
    NEW YORK,NY10001     		NONE NON PROFIT NATIONALFUND RAISER 25,000
    COASTAL MTN LAND TRUST
    101 MOUNT BATTIE STREET
    CAMDEN,ME04843     		NONE TRUST OPERATING EXPS 25,000
    MEGUNTICOOK ROWING
    P O BOX 855
    CAMDEN,ME04843     		ADVISE BD NON PROFIT PUBLIC ROWINGEDUCATION 25,000
    FAMILY PLANNING ASSOCIATION
    P O BOX 587
    AUGUSTA,ME043320587     		NONE NON PROFIT FAMILY PLANNINGSERVICES 25,000
    MAINE COMMUNITY FOUND
    245 MAIN STREET
    ELLSWORTH,ME04605     		NONE NON PROFIT COMM BASEDRESOURCES FOR THEPOOR 25,000
    OWLS HEAD TRANSPORT MUSEUM
    117 MUSEUM STREET
    OWLS HEAD,ME04854     		NONE NON PROFIT OPERATING EXPS 25,000
    SMILE TRAIN
    41 MADISON AVE 28TH FLOOR
    NEW YORK,NY10010     		NONE PROFIT ORAL SURGERY 25,000
    FARNSWORTH ART MUSEUM
    160 MUSEUM STREET
    ROCKLAND,ME04841     		NONE NON PROFIT SUPPORT FINE ARTS 21,500
    TOWN OF ROCKPORT
    P O BOX 10
    ROCKPORT,ME048560010     		NONE TOWN POLICE CLUBK-9 PROGRAM 20,000
    BREAST FEEDING RESOURCE
    1355 OLD YORK ROAD SUITE 101
    ABINGTON,PA19001     		NONE NON PROFIT LOW INCOME BREASTFEEDING COUNSELIN 15,000
    ABC OF WILTON
    P O BOX 7658
    WILTON,CT068977658     		NONE NON PROFIT SUPPORTSEDUCATION SERVICE 10,500
    COASTAL MAINE BOTANICAL GARDEN
    P O BOX 234
    BOOTHBAY,ME045370234     		NONE NON PROFIT PUBLIC GARDENEDUCATION CENTER 10,232
    NEW HOPE FOR WOMEN
    9 PARK STREET
    ROCKLAND,ME04841     		NONE EDUCATION SUPPORTS WOMENSHELTER 10,000
    CHILDREN ORGAN TRANSPLANT ASSO
    2501 COTA AVENUE
    BLOOMINGTON,IN47403     		NONE NON PROFIT MEDICAL RESEARCH 10,000
    MEDSHARE INTERNATIONAL
    3240 CLIFTON SPRINGS ROAD
    DECATUR,GA30034     		NONE NON PROFIT MEDICAL SUPPLIESFOR DISASTER AREAOF THE WORLD 10,000
    NATURAL RESOURCES DEFENSE
    40 WEST 20TH STREET
    NEW YORK,NY10011     		NONE NON PROFIT ENVIRONMENTALSTUDIES 10,000
    OCEANA
    1350 CONN AVENUE NW
    WASHINGTON,DC200361722     		NONE NON PROFIT PRESERVE & PROTECMARINE LIFEWORLDWIDE 10,000
    REED RELIEF
    631 GREENE STREET
    KEY WEST,FL33040     		NONE NON PROFIT ENVIRONMENTALRESEARCH 10,000
    WEATHERVANE THEATRE
    P O BOX 127 ROUTE 3
    WHITEFIELD,NH03598     		NONE NON PROFIT REBUILD FROMFIRE 10,000
    MID COAST HOSPITALITY HOUSE
    P O BOX 155
    ROCKPORT,ME048560155     		NONE NON PROFIT LOW INCOMEEMERGENCY SHELTER 10,000
    THE COMMUNITY SCHOOL
    P O BOX 555
    CAMDEN,ME04843     		NONE EDUCATION SINGLE MOTHERCOUNSELING &EDUCATION 10,000
    ASHOKA
    1700 NORTH MOORE ST SUITE 2000
    ARLINGTON,VA222091939     		NONE NON PROFIT CHARITABLE GIFT 10,000
    CAMDEN FIRST AID ASSOCIATION
    123 JOHN STREET
    CAMDEN,ME04843     		NONE NON PROFIT OPERATING EXPS 10,000
    WHEELCHAIR FOUNDATION
    3820 BLACKHAWK ROAD
    DANVILLE,CA94506     		NONE NON PROFIT SUPPLIES FREEWHEELCHAIRS FORDISABLED CHILDREN 10,000
    ENVIRONMENTAL DEFENSE COUNCIL
    1875 CONN AVE NW STE 600
    WASHINGTON,DC200095739     		NONE NON PROFIT PROTECT ENVIRONMTINITIATIVEWORLDWIDE 10,000
    NURSING and HOME CARE INC
    180 SCHOOL ROAD
    WILTON,CT068972527     		NONE NON PROFIT PROVIDES HEALTH &SUPPORT FORELDERLY & DISABLE 10,000
    ACCION INTERNATIONAL
    56 ROLAND STREET
    CHARLESTOWN,MA02129     		NONE NON PROFIT ENTREPRENEURIAL 10,000
    MEALS ON WHEELS
    39 SUMMER STREET
    ROCKLAND,ME048412389     		NONE NON PROFIT OPERATING EXPS 10,000
    USO WORLD HEADQUARTERS
    P O BOX 96860
    WASHINGTON,DC200906860     		NONE NON PROFIT OPERATING EXPS 10,000
    SAVE THE CHILDREN
    54 WILTON ROAD
    WESTPORT,CT06880     		NONE NON PROFIT CHILD CHARITY 10,000
    ORPHAN FOUNDATION OF AMERICA
    21351 GENTRY DRIVE
    PRINCETON,NJ085409983     		NONE NON PROGIT ORPHANAGE SUPPORT 10,000
    ROCKPORT PUBLIC LIBRARY
    ONE LIMERICK ST PO BOX 8
    ROCKPORT,ME048560008     		NONE PUBLIC LIB OPERATING EXPS 9,000
    YALE PEABODY MUSEUM
    P O BOX 208118
    NEW HAVEN,CT065208118     		NONE EDUCATION PUBLIC MUSEUMEDUCATION CENTER 7,500
    ISLAND INSTITUTE
    P O BOX 648
    ROCKLAND,ME048410648     		NONE NON PROFIT OCEANIC ANDMARITIME NATUREEDUCATION 6,000
    CAMDEN CONFERENCE
    P O BOX 882
    CAMDEN,ME048430882     		NONE NON PROFIT PUBLIC AWARENESSPROGRAMS 5,000
    CAMDEN INTL FILM FESTIVAL
    P O BOX 836
    CAMDEN,ME048430836     		NONE NON PROFIT CULTURALEDUCATIONPROGRAMS 5,000
    RIDGEFIELD PLAYHOUSE
    80 EAST RIDGE
    RIDGEFIELD,CT06877     		NONE NON PROFIT FUNDRAISER 5,000
    EVERYMAN REPERTORY THEATRE
    P O BOX 938
    ROCKPORT,ME048560938     		NONE NON PROFIT FUNDRAISER 5,000
    STATION MAINE
    75 MECHANIC STREET
    ROCKLAND,ME04841     		NONE NON PROFIT MARITIME ANDCHILD EDUCATIONPROGRAM 5,000
    CTR FOR ME CONTEMPORARY ART
    P O BOX 147
    ROCKPORT,ME048560147     		NONE EDUCATION EDUCATION ANDEXHIBITIONS 10,000
    CT FOUNDATION DENTAL OUTREACH
    835 WEST QUEEN STREET
    SOUTHINGTON,CT06489     		NONE NON PROFIT FREE DENTALSURGERY FOR POORWORLDWIDE 5,000
    OSPREY CLUB
    22 WHITE STREET
    ROCKLAND,ME04841     		ADVICE BD NON PROFIT MEDICAL SERVICESFOR POOR 5,000
    BIGELOW LABORATORY
    P O BOX 475
    WEST BOOTHBAY HAR,ME045750475     		NONE NON PROFIT OCEANIC RESEARCHAND EDUCATION 5,000
    LEARNING ALLY
    20 ROSZEL ROAD
    PRINCETON,NJ085409983     		NONE NON PROFIT FREE AUDIORECORDING DEVICESFOR IMPAIRED 5,000
    LUNA PRESERVATION SOCIETY
    P O BOX 1866
    BROOKLINE,MA02446     		NONE NON PROFIT OPERATING EXPS 5,000
    ISLANDWOOD
    4450 BLAKELY AVENUE
    BAINBRIDGE ISLAND,WA98110     		NONE NON PROFIT EDUCATIONAL 5,000
    WOMEN FOR WOMEN INTERNATIONAL
    4455 CONN AVE NW STE 200
    WASHINGTON,DC20008     		NONE NON PROFIT OPERATING EXPS 2,500
    ST GEORGE VOLUNTEER FIRE DEPT
    P O BOX 899
    CAMDEN,ME048430899     		NONE NON PROFIT EQUIPMENT DRIVE 2,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY100280198     		NONE NON PROFIT SUPPORT FINE ARTS 2,000
    WYNC FOUNDATION
    P O BOX 1550
    NEW YORK,NY101161550     		NONE PUBL RADIO CONTINUED FUNDINGPF BROADCASTINGPUBLIC RADIO 1,500
    MARITIME AQUARIUM OF NORWALK
    10 NORTH WATER STREET
    NORWALK,CT06850     		NONE NON PROFIT ENVIRONMENTALSTUDIES 1,000
    MUSEUM OF MODERN ART
    11 WEST 53 STREET
    NEW YORK,NY100195497     		NONE NON PROFIT FUNDRAISER 1,000
    RESTORATIVE JUSTICE PROJECT
    P O BOX 141
    BELFAST,ME049150141     		NONE NON PROFIT FIRST OFFENDEREDUCATION &SUPPORT 1,000
    FRIENDS OF LINCOLN CENTER
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY100236583     		NONE NON PROFIT OPERATING EXPS 1,000
    LEAGUE OF WOMEN VOTERS
    1890 DIXVILLE AVE STE 113
    NEW HAVEN,CT065143183     		NONE EDUC FUNDG OPERATING EXPS 500
    NATIONAL MS SOCIETY
    1867 LACKLAND HILL PKWY
    SAINT LOUIS,MO63146     		NONE NON PROFIT MEDICAL RESEARCH 500
    AMERICAN ASSOC OF UNIV WOMEN
    P O BOX 98045
    WASHINGTON,DC200808045     		NONE NON PROFIT QUALITY OF WOMEN& CHILDRENEDUCATION 500
    MERRYSPRING NATURE CTR
    P O BOX 893
    CAMDEN,ME048430893     		NONE NON PROFIT ENVIRONMENTALLAND MANAGEMENT 280
    ALDRICH ART MUSEUM
    258 MAIN STREET
    RIDGEFIELD,CT06877     		NONE NON PROFIT ART & EDUCATIONDISPLAYS 125
    AMERICAN CANCER SOCIETY
    825 BROOK ST 1-91 TECH CTR
    ROCKY HILL,CT060673450     		NONE NON PROFIT RELAY FOR LIFE 100
    CPTVWNPR
    1049 ASYLUM AVENUE
    HARTFORD,CT06105     		NONE NON PROFIT FUNDRAISER 85
    Total .................................bullet 3a 1,057,429
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 263  
    4 Dividends and interest from securities....     14 917,466  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory          
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   917,729  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13917,729
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PDQ TAX SERVICE 11,200 0 0 0

    TY 2011 CompensationExplanation
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Person Name Explanation
    DANIEL DIBNER WAGES PAID TO ADMINISTER THE FOUNDATION CONTROL AND OVERSEE THE ASSETS
    VICTORIA DIBNER ASSIST THE MANAGER IN MANAGING AND OVERSEEING THE FOUNDATIONS ASSETS
    AURORA C DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO ASSIST IN GUIDING THE FOUNDATION ASSETS
    AVALON B DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUDATION ASSETS
    BERN L DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUNDATION ASSETS

    TY 2011 CompensationExplanation
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Person Name Explanation
    DANIEL DIBNER WAGES PAID TO ADMINISTER THE FOUNDATION CONTROL AND OVERSEE THE ASSETS
    VICTORIA DIBNER ASSIST THE MANAGER IN MANAGING AND OVERSEEING THE FOUNDATIONS ASSETS
    AURORA C DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO ASSIST IN GUIDING THE FOUNDATION ASSETS
    AVALON B DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUDATION ASSETS
    BERN L DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUNDATION ASSETS

    TY 2011 CompensationExplanation
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Person Name Explanation
    DANIEL DIBNER WAGES PAID TO ADMINISTER THE FOUNDATION CONTROL AND OVERSEE THE ASSETS
    VICTORIA DIBNER ASSIST THE MANAGER IN MANAGING AND OVERSEEING THE FOUNDATIONS ASSETS
    AURORA C DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO ASSIST IN GUIDING THE FOUNDATION ASSETS
    AVALON B DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUDATION ASSETS
    BERN L DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUNDATION ASSETS

    TY 2011 CompensationExplanation
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Person Name Explanation
    DANIEL DIBNER WAGES PAID TO ADMINISTER THE FOUNDATION CONTROL AND OVERSEE THE ASSETS
    VICTORIA DIBNER ASSIST THE MANAGER IN MANAGING AND OVERSEEING THE FOUNDATIONS ASSETS
    AURORA C DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO ASSIST IN GUIDING THE FOUNDATION ASSETS
    AVALON B DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUDATION ASSETS
    BERN L DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUNDATION ASSETS

    TY 2011 CompensationExplanation
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Person Name Explanation
    DANIEL DIBNER WAGES PAID TO ADMINISTER THE FOUNDATION CONTROL AND OVERSEE THE ASSETS
    VICTORIA DIBNER ASSIST THE MANAGER IN MANAGING AND OVERSEEING THE FOUNDATIONS ASSETS
    AURORA C DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO ASSIST IN GUIDING THE FOUNDATION ASSETS
    AVALON B DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUDATION ASSETS
    BERN L DIBNER MEET WITH THE MANAGERS FOUR TIMES A YEAR TO AID IN GUIDING THE FOUNDATION ASSETS

    TY 2011 ContractorCompensationExpln
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Contractor Explanation
    GOLDMAN SACHS FEES DEDUCTED FROM VARIOUS CUSTOMER FUNDS DURING EACH QTR OF 2010

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    TY 2011 DepreciationSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAPTOP COMPUTER SYS 2006-04-19 2,319 1,953 SL 2000 % 366      
    ACCOUNTING SOFTWARE 2006-04-19 524 441 SL 2000 % 83      
    PRINTER 2007-11-04 617 490 SL 2000 % 123      
    TERA BACKUP UNIT 2008-03-01 420 299 M 1152 % 48      
    VCD MACBO LAPTOP 2008-05-04 2,690 1,915 M 1152 % 310      
    FIREPROOF SAFE 2008-08-25 2,474 1,393 M 1249 % 309      
    RENEW QUICKBOOKS 2008-09-01 1,321 941 M 1152 % 152      
    M-TECH LAPTOP 2008-09-12 5,061 2,641 M 1152 % 583      
    MICROSOFT OFFICE 2008-11-06 220 156 M 1152 % 25      
    SIRIUS RADIO 2010-09-05 241 22 SL 2000 % 48      
    GENERATOR 2011-08-29 1,028   SL 535.7 % 55      
    M-TECH LAPTOP 2011-10-21 5,521   SL 250 % 138      

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PRIVATE CORP BONDS 1,875,155 1,968,009

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS VARIOUS STOCK FU 7,466,991 7,008,273

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    US Government Securities - End of Year Book Value:

    7,062,380
    US Government Securities - End of Year Fair Market Value:

    7,153,852
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2011 InvestmentsOtherSchedule2
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GMS ALPHA IV PORTFOLIO   1,001,245 1,001,245
    GS CAPITAL PARTNERS VI PARALLELL   667,796 626,411
    VCFA PRIVATE EQUITY PARTNERS IV   273,032 345,353
    GSCP VI PARALLEL AIV   62,786 36,150
    STONE WORKS LTD   1,000,000 1,000,000
    MOUNT KENNETT CAPITAL PARTNERS   523,043 523,043
    OTHER PRIVATE EQUITY   210,000 154,088

    TY 2011 LandEtcSchedule2
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER & OFFICE EQUIPMENT 22,436 12,491 9,945 9,945


    TY 2011 OtherAssetsSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DAVINCI HORSE SCULPTURE ANTIQUE 5,800 5,800 58,000
    BRONZE ART   3,985 3,985
    DEPOSIT LAND PURCHASE   3,468 3,468
    PREPAID EXCISE TAX   3,478 3,478


    TY 2011 OtherDecreasesSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Description Amount
    INHERITED FUNDS 4,706


    TY 2011 OtherExpensesSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMPUTER EXPENSE 639 639 639 0
    DUES 495 495 495 0
    MISCELLANEOUS K-1 EXP 10,051 10,051 10,051 0
    OFFICE EXPENSES 2,259 2,259 2,259 0
    TELEPHONE 4,475 4,475 4,475 0
    MEALS 50 566 566 566 0
    REPAIRS 480 480 480 0
    MISC MANAGEMENT FEE 667 667 667 0


    TY 2011 OtherIncomeSchedule2
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 MISC INCOME 1,152 1,152 1,152
    CAPITAL GAIN DISTRIBUTIONS K-1 113,987 113,987 113,987
    UBTI K-1 339 339 339


    TY 2011 OtherIncreasesSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Description Amount
    FEDERAL EXCISE TAX FOR 2010 3,542
    MEALS 50 566


    TY 2011 OtherLiabilitiesSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES 8,028 6,914


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GOLDMAN MANAGEMENT FEES 83,594 83,594 83,594 0


    TY 2011 TaxesSchedule
    Name:
    CASCADE FOUNDATION
    EIN: 20-4956488
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 16,316 16,316 16,316 0
    FOREIGN TAXES PAID K-1 1,105 1,105 1,105 0