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
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 06-01-2012 , and ending 05-31-2013
Name of foundation
RHEINSTROM HILL COMMUNITY FOUNDATION
 
% RICHARD KOSKEY
Number and street (or P.O. box number if mail is not delivered to street address)502 UNION STREETSuiteRoom/suite
City or town, state, and ZIP code
HUDSON, NY12534
A Employer identification number

14-1683989
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,703,369J 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 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) 258,942
2 Check bullet
3 Interest on savings and temporary cash investments 2,683 2,683  
4 Dividends and interest from securities...... 36,077 36,077  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 51,561
b Gross sales price for all assets on line 6a 295,408
7 Capital gain net income (from Part IV, line 2)... 51,561
8 Net short-term capital gain.........  
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 79    
12 Total. Add lines 1 through 11........ 349,342 90,321  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 10,139 0 0 0
c Other professional fees (attach schedule).... Click to see attachment 26,192 26,192    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 580      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 13,447      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 50,358 26,192 0 0
25 Contributions, gifts, grants paid........ 309,424 309,424
26 Total expenses and disbursements. Add lines 24 and 25 359,782 26,192 0 309,424
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -10,440
b Net investment income (if negative, enter -0-) 64,129
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
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............... 25,054    
2 Savings and temporary cash investments.......... 232,629    
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)....................      
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)      
b Investments—corporate stock (attach schedule)........ 1,267,510 Click to see attachment1,064,221 1,336,558
c Investments—corporate bonds (attach schedule)........ 25,000 Click to see attachment363,497 366,811
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet127,493
Less: accumulated depreciation (attach schedule) bullet     Click to see attachment127,493  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,550,193 1,555,211 1,703,369
Liabilities 17 Accounts payable and accrued expenses..........   15,458
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)   0
23 Total liabilities (add lines 17 through 22)..........   15,458
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
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 1,550,193 1,539,753
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,550,193 1,539,753
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,550,193 1,555,211
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 1,550,193
2 Enter amount from Part I, line 27a..................... 2 -10,440
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 1,539,753
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,539,753
Form 990-PF (2012)
Form 990-PF (2012)
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 SHORT TERM SEE ATTACHED SCHEDULE P 2013-04-01 2013-05-05
b LONG TERM SEE ATTACHED P 2010-05-06 2012-07-06
c CAPITAL GAIN DIVIDENDS P    
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 47,735   45,454 2,281
b 242,354   198,393 43,961
c       5,319
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       2,281
b       43,961
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 51,561
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 instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
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))
2011 268,425 1,434,185 0.187162
2010 263,509 1,516,599 0.17375
2009 242,162 1,435,729 0.168668
2008 225,069 1,382,527 0.162795
2007 263,793 1,923,917 0.137112
2 Total of line 1, column (d) ...................... 2 0.829487
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 0.165897
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 1,709,579
5 Multiply line 4 by line 3....................... 5 283,614
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 641
7 Add lines 5 and 6......................... 7 284,255
8 Enter qualifying distributions from Part XII, line 4.............. 8 309,424
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.
Form 990-PF (2012)
Form 990-PF (2012)
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 1 641
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  
3 Add lines 1 and 2............................ 3 641
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 641
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 0
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 8
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 649
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 2013 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? Click to see attachment....................
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 changesClick to see attachment....
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.Click to see attachment
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
    Yes
     
    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 instructions)
    bullet
    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 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    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 ofbulletRICHARD KOSKEY Telephone no.bullet (518) 828-1565
    Located atbullet502 UNION STREETHUDSONNY ZIP+4bullet12534
    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 2012, 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 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 (2012)
    Form 990-PF (2012)
    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 2012?.............
    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 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 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 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 2012 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 2012.)....................
    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 2012?
    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 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 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
     
    No
    Form 990-PF (2012)
    Form 990-PF (2012)
    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 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
    RICHARD KOSKEY PRESIDENT
    0     		0 0 0
    502 UNION STREET
    HUDSON,NY12534
    ED HERRINGTON VICE PRES.
    0     		0 0 0
    502 UNION STREET
    HUDSON,NY12534
    JEAN HOWE LOSSI SECRETARY
    0     		0 0 0
    502 UNION STREET
    HUDSON,NY12534
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    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
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see 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
    1,532,491
    b
    Average of monthly cash balances.......................
    1b
    203,122
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,735,613
    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
    1,735,613
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    26,034
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,709,579
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    85,479
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    85,479
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    641
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    641
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    84,838
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    84,838
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    84,838
    Part XII
    Qualifying Distributions (see 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
    309,424
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    309,424
    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 instructions).................
    5
    641
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    308,783
    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 (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 84,838
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 2009, 2008 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 169,461
    b From 2008....... 157,305
    c From 2009....... 171,170
    d From 2010....... 188,639
    e From 2011....... 197,356
    fTotal of lines 3a through e......... 883,931
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 309,424
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 84,838
    e Remaining amount distributed out of corpus 224,586
    5 Excess distributions carryover applied to 2012.    
    (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 1,108,517
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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 instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		169,461
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		939,056
    10 Analysis of line 9:
    a Excess from 2008.... 157,305
    b Excess from 2009.... 171,170
    c Excess from 2010.... 188,639
    d Excess from 2011.... 197,356
    e Excess from 2012.... 224,586
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2012, enter the date of the ruling.......bullet
     
    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) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    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 ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    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          
    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 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).)
    NA
    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.
    NA
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    RICHARD KOSKEY
    502 UNION STREET
    HUDSON,NY12534
    (518) 828-1565
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER STATING PURPOSE
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GENERALLY FOR BETTERMENT OF COLUMBIA COUNTY, NEW YORK
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    HUDSON OPERA HOUSE
    327 WARREN ST
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 2,500
    ALIGHT PREGNANCY CENTER
    192 FAIRVIEW AVENUE
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 1,500
    ZION FAITH FOOD PANTRY
    PO BOX 1058
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 3,000
    BOY SCOUT TROOP 102
    AMERICAN LEGION
    7 FAIRVIEW AVE
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 2,000
    NORTHEAST COMMUNITY CENTER
    PO BOX 35
    51 SOUTH CENTER STREET
    MILERTON,NY12546     		NONE PUBLIC PROGRAM FUNDING 2,500
    HUDSON DAY CARE CENTER
    10-12 Warren Street
    Hudson,NY12534     		NONE PUBLIC PROGRAM FUNDING 3,000
    TIME & SPACE LIMITED
    PO BOX 343
    434 COLUMBIA STREET
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 5,000
    HUDSON BLUEHAWK AFTERSCHOOL PROGRAM
    HUDSON CITY SCHOOL DISTRICT
    102 HARRY HOWARD AVE
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 2,500
    COL-GREENE HUMANE SOCIETY
    125 HUMANE SOCIETY ROAD
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 10,000
    TACONIC HILLS CENTRAL SCHOOL
    73 COUNTY ROUTE 11A
    CRARYVILLE,NY12521     		NONE PUBLIC PROGRAM FUNDING 100,000
    FAMILY RESOURCE OF COL COUNTY
    PO BOX 319
    CHATHAM,NY12037     		NONE PUBLIC PROGRAM FUNDING 2,245
    NAMI COLUMBIA COUNTY
    PO BOX 269
    VALATIE,NY12184     		NONE PUBLIC PROGRAM FUNDING 1,000
    CHATHAM AREA SILENT FOOD PANTRY
    PO BOX 8
    EAST CHATHAM,NY12060     		NONE PUBLIC PROGRAM FUNDING 3,000
    PHILMONT FOOD PANTRY
    2449 MARTINDALE ROAD
    HILLSDALE,NY12529     		NONE PUBLIC PROGRAM FUNDING 3,000
    GHENT FOOD PANTRY
    ROUTE 66
    GHENT,NY12075     		NONE PUBLIC PROGRAM FUNDING 3,000
    GERMANTOWN FOOD PANTRY
    40 ANCHORAGE ROAD
    GERMANTOWN,NY12526     		NONE PUBLIC PROGRAM FUNDING 3,000
    COLUMBIA OPPORTUNITIES
    540 COLUMBIA STREET
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 3,000
    CATHOLIC CHARITIES OF COL-GREENE
    431 EAST ALLEN STREET
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 3,000
    COLUMBIA CHILDREN'S CENTER
    142 UNION TURNPIKE
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 5,000
    ECUMERICAL FOOD PANTRY
    PO BOX 267
    VALATIE,NY12184     		NONE PUBLIC PROGRAM FUNDING 3,000
    ROE-JAN FOOD PANTRY
    BOX 343
    HILLSDALE,NY12529     		NONE PUBLIC PROGRAM FUNDING 3,000
    SALVATION ARMY
    40 SOUTH 3RD STREET
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 3,000
    AIDS COUNCIL OF NENY
    160 FAIRIEW AVENUE
    SUITE 204
    HUDSON,NY12534     		NONE PUBLIC PUBLIC FUNDING 3,000
    ELIZAVILLE UNITED METHODIST CHURCH
    740 COUNTY ROUTE 2
    ELIZAVILLE,NY12523     		NONE PUBLIC PUBLIC FUNDING 3,000
    BERKSHIRE TACONIC COMM FDN
    271 MAINE STREET
    SUITE 3
    GREAT BARRINGTON,MA01230     		NONE PUBLIC PUBLIC FUNDING 7,619
    COARC
    PO BOX 2
    630 ROUTE 217
    MELLENVILLE,NY12544     		NONE PUBLIC PROGRAM FUNDING 500
    HUDSON CITY SCHOOL BOOSTER CLUB
    PO BOX 888
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 4,000
    HCSD -HUDSON READS
    102 HARRY HOWARD AVE
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 2,500
    COPAKE HAMLET REVITALIZATION
    230 MOUNTAIN VIEW ROAD
    COPAKE,NY12516     		NONE PUBLIC PROGRAM FUNDING 5,000
    BINDLESTIFF FAMILY VARIETY ARTS
    209 WARREN STREET
    210 TANNERS LANE
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 1,500
    PERFECT TEN
    32 WARREN STREET
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 5,000
    DREAM TO ACHIEVE BASKETBALL PROGRAM
    PO BOX 5000
    ANNANDALE ON HUDSON,NY12504     		NONE PUBLIC PROGRAM FUNDING 5,000
    BOY SCOUT TROOP 113
    121 GRANDVIEW DRIVE
    VALATIE,NY12184     		NONE PUBLIC PROGRAM FUNDING 3,900
    CHARLIES FOOD PANTRY
    PO BOX 218
    NEW LEBANON,NY12125     		NONE PUBLIC PROGRAM FUNDING 3,000
    CORNELL COOPERATIVE EXT OF COLUMBIA COUNTY
    479 ROUTE 66
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 5,000
    KINDERHOOK EDUCATION ARTS & HUMANITIES
    2910 ROUTE 9
    VALATIE,NY12184     		NONE PUBLIC PROGRAM FUNDING 10,000
    ROCK SOLID CHURCH
    PO BOX 424
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 3,000
    1886 COMMUNITY FOOD PANTRY
    6735 ROUTE 9
    STOCKPORT,NY12534     		NONE PUBLIC PROGRAM FUNDING 3,000
    HABITAT FOR HUMANITY
    5720 NEW YORK 9G
    HUDSONN,NY12534     		NONE PUBLIC PROGRAM FUNDING 2,750
    TWIN RIVERS COUNCIL
    1 CENTRE STREET
    NEW YORK,NY10007     		NONE PUBLIC PROGRAM FUNDING 1,000
    HIGH & MIGHTY STABLES
    7950 MAIN STREET
    HUNTER,NY12242     		NONE PUBLIC PROGRAM FUNDING 2,000
    COLUMBIA GREENE HOSPITAL FOUNDATION
    71 PROSPECT AVE
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 12,000
    ANIMALKIND
    PO BOX 902
    721 WARREN STREET
    HUDSON,NY12534     		  PUBLIC PROGRAM FUNDING 3,000
    ROELIFF JANSEN COMMUNITY LIBRARY
    9091 RTE 22
    HILLSDALE,NY12529     		NONE PUBLIC PROGRAM FUNDING 10,000
    CAMPHILL VILLAGE
    84 CAMPHILL ROAD
    COPAKE,NY12516     		NONE PUBLIC PROGRAM FUNDING 25,000
    THE MAY FAMILY FOUNDATION
    502 UNION STREET
    HUDSON,NY12534     		NONE PUBLIC PROGRAM FUNDING 21,410
    Total .................................bullet 3a 309,424
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    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 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 2,683  
    4 Dividends and interest from securities....     14 36,077  
    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     18 51,561  
    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)..   90,321 79
    13Total. Add line 12, columns (b), (d), and (e)..................
    1390,400
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2012
    Name of the organization
    RHEINSTROM HILL COMMUNITY FOUNDATION
     
    Employer identification number

    14-1683989
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    RHEINSTROM HILL COMMUNITY FOUNDATION
          		Employer identification number

    14-1683989
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    RHEINSTROM FUND    
    502 UNION STREET
       
    HUDSON, NY   12534

    		$193,942


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    MAY FAMILY FOUNDATION    
    502 UNION STREET
       
    HUDSON, NY   12534

    		$65,000


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    RHEINSTROM HILL COMMUNITY FOUNDATION
          		Employer identification number

    14-1683989
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    RHEINSTROM HILL COMMUNITY FOUNDATION
          		Employer identification number

    14-1683989
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID:  
    Software Version:  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 DepreciationSchedule
    Name:
    RHEINSTROM HILL COMMUNITY FOUNDATION
    EIN: 14-1683989
    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
    CLAPPER HOUSE 2012-07-01 127,493              

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    RHEINSTROM HILL COMMUNITY FOUNDATION
    EIN: 14-1683989
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BNY MELLON CORPORATE BOND FND 25,000 25,698
    BNY MEELON S/T US SEC FD 29,918 29,455
    BNY MELLON INTER BOND FD 100,000 99,088
    BNY MELLON BOND FND 131,079 133,282
    DREYFUS INFL ADJ SEC FD 20,000 18,647
    DREYFUS HI YIELD FD 27,500 30,802
    DREYFUS EMERGING MKTS LOCAL 15,000 14,561
    TCW EMERGING MKTS INCOME FD 15,000 15,278

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    RHEINSTROM HILL COMMUNITY FOUNDATION
    EIN: 14-1683989
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PFIZER INC. 7,217 15,112
    PROCTOR & GAMBLE 6,100 13,817
    AON CORP 8,649 11,142
    AVON PRODUCTS    
    ADOBE SYSTEM 6,764 7,509
    EXXON MOBIL CORP 2,637 9,499
    ACCENTURE PLC 3,804 10,264
    CITIGROUP INC    
    SCHLUMBERGER LIMITED 2,469 6,573
    BEAM INC 6,492 6,484
    BROADCOM CORP 8,389 9,875
    VERIZON COMMUNICATIONS 4,563 6,060
    ACCENTURE LTD CLASS A    
    APPLE COMPUTERS 2,205 15,741
    BANK OF MONTREAL 9,353 8,862
    AIR PRODUCTS AND CHEMICALS    
    CARNIVAL CORP 6,654 5,793
    EATON CORP 9,040 11,561
    CHEVRON CORP 9,267 9,206
    HONEYWELL INTL    
    MORGAN STANLEY GROUP    
    CAPITAL ONE 3,412 3,656
    CHEVRON CORP 6,550 12,275
    UNITED TECHNOLOGIES 5,873 9,965
    CANADIAN IMPERIAL BANK 9,567 9,064
    TEVA PHARMACEUTICAL 8,854 8,595
    FREEPORT MCMORAN 3,855 4,658
    CONSOLIDATED ED 9,537 8,560
    CATERPILLAR 5,767 8,151
    GOOGLE INC 8,139 8,712
    JP MORGANCHASE 11,613 14,739
    JOHNSON CONTROLS 8,720 9,714
    DFA EMERG MKTS 20,000 19,301
    AT&T 4,600 5,249
    DREYFUS MIDCAP 75,000 89,038
    EQUINIX INC 6,345 6,079
    EXELON CORP 9,392 8,148
    MERCK & CO    
    PHILIP MORRIS 4,972 9,091
    ELMIRA SAVING BANK 9,554 9,524
    GENERAL ELECTRIC 4,245 8,162
    FAMILY DIR STORES 5,241 4,586
    KRAFT FOODS    
    MEAD JOHNSON    
    METLIFE 6,254 8,842
    OCCIDENTAL PETROLEUM 5,899 6,905
    PEPSICO INC 8,215 12,116
    SEMPRA ENERGY 5,641 10,163
    UNION PAC CORP 1,904 6,185
    YUM! BRANDS INC 5,188 10,163
    FIRST NIAGARA FG 9,538 9,337
    GLAXO SMITHKLINE 4,992 5,695
    BNY MELLON SMALL CAP    
    BNY MELLON BOND FUND    
    BNY MELLON MID CAP    
    CELANESE CORP 6,393 9,870
    COSTCO WHSL CORP 4,445 8,222
    HONEYWELL 6,763 12,554
    DREYFUS EMERGING MARKETS    
    DREYFUS STRATEGIC INTL STOCK 72,643 93,299
    HALLIBURTON CO 5,640 7,324
    HOME DEPOT 7,197 15,732
    IBM 9,735 15,602
    INVESCO LTD 5,934 10,122
    HOVNANIAN ENTERPRISES 9,495 10,131
    INTERCONTINENTAL EXCHANGE 3,883 4,280
    PNC FINL SERVICES 10,041 10,746
    PLAINS EXPLORATION    
    LILLY ELI 8,122 9,303
    MONDELEZ INTERNATIONAL 4,460 8,106
    STATE STREET CORP 6,056 9,927
    TEXAS INSTRUMENTS    
    US BANCORP    
    VALERO ENERGY CORP 3,413 7,110
    WELLS FARGO & CO 10,292 13,179
    WALT DISNEY 10,165 16,401
    AGILENT TECHNOLOGIES    
    NATIONAL OILWELL VARCO 8,581 8,787
    NUCOR CORP 5,461 5,564
    NATIONAL GRID 9,636 8,934
    BNY MELLON INTERMEDIATE BOND    
    BNY S/T US GOVT SECURITY FUND    
    BB&T CORP    
    COVIDIEN PLC 4,741 7,950
    COCA-COLA CO, 7,616 9,998
    NY COMMUNITY CORP 9,483 9,352
    EMC CORP    
    HIGHBRIDGE DYNAMIC COMMODITIES 25,000 14,023
    PPL CORP 9,532 8,613
    PUBLIC SERVICE ENTERPRISES 9,493 8,590
    NXP SEMICONDUCTORS    
    QEP RESOURCES INC    
    SUN LIFE FINANCIAL 9,518 9,513
    TRAVELERS COMPANIES 6,288 6,279
    SALESFORCE.COM 6,064 8,466
    SHIRE PLC 6,390 7,385
    TERADATA CORP    
    WATSON PHARMACEUTICALS    
    VIRTUS EMERGING 20,000 20,271
    ACTAVIS INC 2,610 6,781
    ASG GLOBAL 30,000 32,862
    ADVANTAGE GLOBAL 10,000 11,533
    AMAZON.COM 9,404 13,460
    BAIDU.COM    
    BRISTOL-MYERS    
    BNY MELLON EMERGING MKTS 125,000 135,924
    BNY MELLON INTNL 25,000 31,936
    COMCAST 10,696 14,058
    CENTERPOINT ENERGY 5,207 6,259
    DREYFUS SELECT MGER 35,253 45,895
    DREYFUS HIGH YLD    
    DREYFUS NWTON INTERN 25,000 31,606
    DREYFUS OPPORTUNISTIC 15,000 20,022
    DREYFUS INFLTN ADJ    
    DOVER CORP 6,266 9,781
    DREYFUS GLBL REAL 20,000 22,656
    EXPRESS SCRIPTS 7,659 10,871
    GILEAD SCIENCES 6,208 16,344
    INGERSOLL-RAND 6,960 10,068
    LAS VEGAS SANDS 6,628 8,685
    MARATHON OIL 9,336 10,317
    NOBLE CORP    
    QUALCOMM 13,231 14,283
    TCW    
    YAHOO INC 9,813 13,413

    TY 2012 LandEtcSchedule2
    Name:
    RHEINSTROM HILL COMMUNITY FOUNDATION
    EIN: 14-1683989
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    CLAPPER HOUSE 127,493   127,493  


    TY 2012 OtherExpensesSchedule
    Name:
    RHEINSTROM HILL COMMUNITY FOUNDATION
    EIN: 14-1683989
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 435      
    OFFICE 49      
    REPAIRS 12,963      


    TY 2012 OtherIncomeSchedule2
    Name:
    RHEINSTROM HILL COMMUNITY FOUNDATION
    EIN: 14-1683989
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SECURITIES SETTLEMENTS 79    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    RHEINSTROM HILL COMMUNITY FOUNDATION
    EIN: 14-1683989
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUST FEES 26,192 26,192    


    TY 2012 TaxesSchedule
    Name:
    RHEINSTROM HILL COMMUNITY FOUNDATION
    EIN: 14-1683989
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL 320      
    STATE 260