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 07-01-2012 , and ending 06-30-2013
Name of foundation
BANK OF GREENE COUNTY CHARITABLE FOUNDATION
 
% MICHELLE PLUMMER
Number and street (or P.O. box number if mail is not delivered to street address)302 MAIN STREET PO BOX 470SuiteRoom/suite
City or town, state, and ZIP code
CATSKILL, NY12414
A Employer identification number

14-1810419
B Telephone number (see instructions)

(518) 943-2600
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$1,745,831J 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) 0
2 Check bullet
3 Interest on savings and temporary cash investments 846 846 846
4 Dividends and interest from securities...... 55,093 55,093 55,093
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
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).......      
12 Total. Add lines 1 through 11........ 55,939 55,939 55,939
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)....... Click to see attachment 1,275 0 0 0
c Other professional fees (attach schedule).... 378      
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,146      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,799 0 0 0
25 Contributions, gifts, grants paid........ 62,550 62,550
26 Total expenses and disbursements. Add lines 24 and 25 65,349 0 0 62,550
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -9,410
b Net investment income (if negative, enter -0-) 55,939
c Adjusted net income (if negative, enter -0-)... 55,939
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............... 5,892 7,041 7,041
2 Savings and temporary cash investments.......... 60,402 46,248 46,248
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)........ 434,739 Click to see attachment442,071 1,692,542
c Investments—corporate bonds (attach schedule)........      
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 bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 501,033 495,360 1,745,831
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)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 501,033 495,360
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).................... 501,033 495,360
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 501,033 495,360
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)............... 1 501,033
2 Enter amount from Part I, line 27a..................... 2 -9,410
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 3,737
4 Add lines 1, 2, and 3.......................... 4 495,360
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. 6 495,360
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.)
1a
b
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
b
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
b
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  
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 72,700 1,492,258 0.048718
2010 70,250 1,406,734 0.049938
2009 54,400 1,271,666 0.042779
2008 56,030 1,187,499 0.047183
2007 59,303 1,088,287 0.054492
2 Total of line 1, column (d) ...................... 2 0.24311
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 0.048622
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 1,619,421
5 Multiply line 4 by line 3....................... 5 78,739
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 559
7 Add lines 5 and 6......................... 7 79,298
8 Enter qualifying distributions from Part XII, line 4.............. 8 62,550
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 1,119
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 1,119
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 1,119
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,048
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 1,048
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 71
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? ....................
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
    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)
    bulletDE, NY
    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 addressbulletwww.thebankofgreenecounty.com
    14
    The books are in care ofbulletMICHELLE PLUMMER Telephone no.bullet (518) 943-2600
    Located atbullet302 MAIN STREETCATSKILLNY ZIP+4bullet12414
    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
     
     
    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
    DONALD GIBSON PRESIDENT & CEO - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    REBECCA MAIN SENIOR VICE PRES. - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    STEPHEN NELSON EXECUT. VICE PRES. - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    MICHELLE M PLUMMER CEO & TREASURER - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    DAVID H JENKINS DVM DIRECTOR - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    CHARLES H SCHAEFER ESQ DIRECTOR - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    DENNIS R O'GRADY DIRECTOR - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    PAUL SLUTZKY DIRECTOR - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    MARTIN C SMITH CHAIRMAN - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    ARTHUR PLACE DIRECTOR - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    PERRY LASHER VICE PRESIDENT - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    CYNTHIA DUPILKA VICE PRESIDENT - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    SUSAN TIMAN SECRETARY - AS NEEDED
    0     		0 0 0
    302 MAIN STREET PO BOX 470
    CATSKILL,NY12414
    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
    1,584,290
    b
    Average of monthly cash balances.......................
    1b
    59,792
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,644,082
    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
    1,644,082
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    24,661
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,619,421
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    80,971
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    80,971
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    1,119
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,119
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    79,852
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    79,852
    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
    79,852
    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
    62,550
    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
    62,550
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    62,550
    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 79,852
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 62,287
    b Total for prior years:2010, 2009, 2008 360
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 62,550
    a Applied to 2011, but not more than line 2a 62,287
    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..... 263
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2012. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		360
    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 ...........     		360
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		79,589
    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) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012.... 0
    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).)
    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.
    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:
    BANK OF GREENE COUNTY OPERATION CTR
    PO BOX 470
    CATSKILL,NY12414
    (518) 943-2600
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMIT A COVER LETTER ON THE REQUESTING ORGANIZATION'S LETTERHEAD. THE AMOUNT REQUESTED, PURPOSE OF THE GRANT AND THE NAME, ADDRESS AND TELEPHONE NUMBER OF THE ORGANIZATION'S CONTACT PERSON. BRIEF DESCRIPTION OF THE ORGANIZATION'S PURPOSE, HISTORY AND FORWARD OUTLOOK. COPY OF THE ORGANIZATION'S BUDGET FOR THE CURRENT AND PRECEEDING YEARS LIST OF THE ORGANIZATION'S CURRENT OFFICERS AND DIRECTORS. COPY OF THE ORGANIZATION'S IRS DETERMINATION LETTER OF TAX-EXEMPT CHARITABLE STATUS UNDER SECTION 501(C)(3), IF APPLICABLE. LIST OF OTHER ORANIZATIONS AND FOUNDATIONS THAT CURRENTLY SUPPORT YOUR ORGANIZATION AND THE PURPOSE AND AMOUNT RECEIVED FROM EACH. DATES AND AMOUNTS OF ANY PREVIOUS GRANTS RECEIVED FROM THE BANK OF GREENE COUNTY CHARITABLE FOUNDATION AND ANY APPLICATIONS TO THE FOUNDATION THAT WERE NOT GRANTED.
    cAny submission deadlines:
    REQUEST FOR FUNDING MUST BE SUBMITTED BETWEEN DECEMBER 1ST AND JANUARY 15TH OF THE CURRENT FISCAL YE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PURPOSE MUST BE ONE OF THE FOLLOWING: EDUCATION, HEALTH AND WELLNESS, SOCIAL AND CIVIC SERVICES, CULTURE AND ART OR HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS.
    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
    CAPITAL DISTRICT YMCA
    456 NEW KARNER ROAD
    ALBANY,NY12205     		NONE NON-PROFIT CONSTRUCTION OF GREENE COUNTY YMCA IN COXSACKIE 10,000
    CAIRO COMMUNITY FOOD PANTRY
    PO BOX 563
    CAIRO,NY12413     		NONE NON-PROFIT SUPPORT OF PROGRAM TO PROVIDE TO NEEDY STUDENTS IN THE CAIRO-DURHAM SCHOOL DISTRICT 500
    CATSKILL COMMUNITY CENTER
    PO BOX 389
    344 MAIN STREET
    CATSKILL,NY12414     		NONE NON-PROFIT CAPITAL IMPROVEMENTS 2,500
    CAIRO HISTORICAL SOCIETY
    PO BOX 803
    CAIRO,NY12413     		NONE NON-PROFIT EQUIPMENT AND CAIRO HERALD MICROFILM 100
    AIDS COUNCIL OF NORTHEASTERN NEW YORK
    927 BROADWAY
    ALBANY,NY12207     		NONE NON-PROFIT SPONSORSHIP OF COLUMBIA COUNTY GARDEN PARTY 500
    THE AUTISM CONNECTION OF GREENE COUNTY
    PO BOX 158
    COXSACKIE,NY12051     		NONE NON-PROFIT CAREGIVER AND SIBLING SUPPORT GROUPS 500
    1886 COMMUNITY FOOD PANTRY
    6735 ROUTE 9
    HUDSON,NY12534     		NONE NON-PROFIT OFFSET COSTS OF OBTAINING AND STORING FOODS 100
    CHATHAM KIDS CLUB
    PO BOX 221
    CHATHAM,NY12037     		NONE NON-PROFIT SUPPORT OF SUMMER PROGRAM 100
    COLUMBIA COUNTY AGRICULTURAL SOCIETY INC
    PO BOX 257
    CHATHAM,NY12037     		NONE NON-PROFIT QUILT SHOW 1,000
    ANIMAL KIND
    721 WARREN STREET
    HUDSON,NY12534     		NONE NON-PROFIT REBUILD DAMAGED FACILITY FROM FIRE/WATER DAMAGE 500
    COLUMBIA COUNTY CHAMBER FOUNDATION
    ONE NORTH FRONT STREET
    HUDSON,NY12534     		NONE NON-PROFIT SUPPORT OF A NEW HALF TIX PROGRAM 250
    COLUMBIA COUNTY FIRE CHIEFS' ASSOCIATION
    PO BOX 94
    WEST LEBANON,NY12195     		NONE NON-PROFIT SUPPORT OF FIRE AND HOME SAFETY PUBLIC EDUCATION PROGRAM 500
    ATHENS CULTURAL CENTER
    24 SECOND STREET
    ATHENS,NY12015     		NONE NON-PROFIT CONTINUE AND EXPAND THE SUMMER ARTS PROGRAM 500
    COLUMBIA GREENE HUMANE SOCIETYSPCA
    125 HUMANE SOCIETY ROAD
    HUDSON,NY12534     		NONE NON-PROFIT BUILDING OF NEW SHELTER 500
    CATHOLIC CHARITIES OF COLUMBIA AND GREENE COUNTIES
    431 EAST ALLEN STREET
    HUDSON,NY12534     		NONE NON-PROFIT DEVELOPMENT OF FAMILY RESOURCES FOR HOSPITALITY VISITING CENTER AT THE COXSACKIE AND HUDSON CORRECTIONAL FACILITIES 1,000
    GREENE COUNTY AGING SERVICES FOUNDATION INC
    411 MAIN STRET
    CATSKILL,NY12414     		NONE NON-PROFIT SUPPORT OF PROGRAMS 1,000
    COMMUNITY PARTNERS OF GREENVILLE
    MAIN STREET
    GREENVILLE BEAUTIFICATION COMMITTEE
    GREENVILLE,NY12083     		NONE NON-PROFIT SUPPORT OF JAZZIN IN THE PARK EVENT 250
    HAINES FALLS FREE LIBRARY
    PO BOX 397
    HAINES FALLS,NY12436     		NONE NON-PROFIT PROGRAM ADVERTISEMENT AND SUPPORT 500
    CATSKILL PUBLIC LIBRARY
    1 FRANKLIN STREET
    CATSKILL,NY12414     		NONE NON-PROFIT SUPPORT OF TRAVELING STORYTIME PROGRAM 750
    CAMP GRACE
    9337 ROUTE 9W
    SUITE 2
    ATHENS,NY12015     		NONE NON-PROFIT FOOD AND OTHER SUPPLIES FOR SOUP KITCHEN 250
    COXSACKIE ELEMENTARY SCHOOL
    24 SUNSET BLVD
    COXSACKIE,NY12051     		NONE NON-PROFIT SUPPORT OF KEEPERS OF THE HUDSON RIVER PROGRAM 250
    THE CAPITAL DISTRICT TITANS BASEBALL CLUB
    PO BOX 947
    COEYMANS,NY12045     		NONE NON-PROFIT IMPROVEMENTS TO FIELD IN COEYMANS LANDING PARK 250
    COXSACKIE ATHENS FOUNDATION FOR EDUCATION
    C/O CAFE
    COXSACKIE,NY12051     		NONE NON-PROFIT SPONSORSHIP OF ANNUAL WALL OF HONOR GALA 500
    COMMON GROUND DISPUTE RESOLUTION INC
    11 WILLIAM STREET
    CATSKILL,NY12414     		NONE NON-PROFIT SUPPORT OF FOREVER PARENTS PROGRAM 1,000
    TANNERSVILLE AREA HEALTH COMMITTEE
    PO BOX 192
    SOUTH CAIRO,NY12482     		NONE NON-PROFIT PURCHASE MEDICAL EQUIPMENT 500
    THE COMMUNITY HOSPICE OF COLUMBIA GREENE
    47 LIBERTY STREET
    CATSKILL,NY12414     		NONE NON-PROFIT FUNDING OF SERVICES AND SPONSOR OF THE ANNUAL HOSPICE GALA 4,600
    ZADOCK PRATT MUSEUM
    PO BOX 333
    PRATTSVILLE,NY12468     		NONE NON-PROFIT RESTORATION OF THE MUSEUM'S PAPER COLLECTION DUE TO FLOOD DAMAGE 2,000
    GERMANTOWN AFTER SCHOOL PROGRAM
    123 MAIN STREET
    GERMANTOWN,NY12526     		NONE NON-PROFIT SUPPORT AFTER SCHOOL PROGRAM 500
    GREENE COUNTY HISTORICAL SOCIETY
    90 COUNTY ROUTE 42
    BRONCK MUSEUM/VEDDER RESEARCH LIBRA
    COXSACKIE,NY12051     		NONE NON-PROFIT COMPLETION OF LIBRARY'S NETWORK PROJECT 1,000
    THOMAS COLE NATIONAL HISTORICAL SITE
    PO BOX 426
    218 SPRING STREET
    CATSKILL,NY12414     		NONE NON-PROFIT SPONSORSHIP OF ALBERT BIERSTADT IN NY AND NEW ENGLAND EXHIBIT 1,500
    COLUMBIA GREENE HOSPITAL FOUNDATION
    71 PROSPECT AVENUE
    HUDSON,NY12534     		NONE NON-PROFIT ANNUAL HOSPITAL BALL 3,600
    GERMANTOWN ECONOMIC DEVELOPMENT COMMITTEE
    TOWN OF GERMANTOWN
    GERMANTOWN,NY12526     		NONE NON-PROFIT PURCHASE OF A HAMLET KIOSK 500
    COARC
    3142 ROUTE N9
    SUITE 5
    VALATIE,NY12184     		NONE NON-PROFIT PURCHASE THERAPEUTIC ACTIVITY SUPPLIES 1,000
    GERMANTOWN LIBRARY
    31 PALATINE PARK ROAD
    GERMANTOWN,NY12526     		NONE NON-PROFIT PURCHASE OF NON-FICTION BOOKS FOR STUDENTS PRE-K MTHROUGH 8TH GRADE 500
    GREENE COUNTY COUNCIL ON THE ARTS
    398 MAIN STREET
    CATSKILL,NY12414     		NONE NON-PROFIT ASSISTANCE WITH TECHNOLOGY UPGRADES, INCLUDING OFFICE EQUIPMENT AND SOFTWARE 250
    GREENVILLE CENTRAL SCHOOL
    GREENVILLE AGRICULTURE PROGRAM
    GREENVILLE,NY12083     		NONE NON-PROFIT PURCHASE OF ITEMS FOR AGRICULTURE PROGRAM GREENHOUSE 250
    GREENVILLE EDUCATION FOUNDATION
    PO BOX 129
    GREENVILLE,NY12083     		NONE NON-PROFIT REPAIRS TO THE POTTER HOLLOW ONE-ROOM SCHOOL HOUSE 250
    HAWTHORNE VALLEY ASSOCIATION
    327 COUNTY ROUTE 21C
    GHENT,NY12075     		NONE NON-PROFIT SUPPORT OF SPRING GALA 1,000
    MUSCULAR DYSTROPHY ASSOCIATION
    ONE MARCUS BLVD
    ALBANY,NY12205     		NONE NON-PROFIT REPAIR OF DURABLE MEDICAL EQUIPMENT, DIAGNOSTICE TESTING AND TREATMENT AND CLINIC VISITS 250
    TOWN OF CAIRO
    512 MAIN STREET
    CAIRO TASK FORCE
    CAIRO,NY12413     		NONE MUNICIPALITY NEW BASKETBALL COURT 1,000
    GERMANTOWN CENTRAL SCHOOL DISTRICT
    123 MAIN STREET
    GERMANTOWN,NY12526     		NONE NON-PROFIT START A NEW WORK STUDY PROGRAM IN THE HIGH SCHOOL 500
    HUNTER FOUNDATION
    PO BOX 563
    TANNERSVILLE,NY12485     		NONE NON-PROFIT GENERAL OPERATING EXPENSES 1,000
    PLANET ARTS
    PO BOX 387
    CATSKILL,NY12414     		NONE NON-PROFIT SUPPORT OF EXISTING AND DEVELOPING MUSIC EDUCATION PROGRAMS IN GREENE AND COLUMBIA COUNTIES 250
    RIP VAN WINKLE COUNCIL - BOY SCOUTS OF AMERICA
    75 PINE STREET
    KINGSTON,NY12401     		NONE NON-PROFIT SUPPORT OF PROGRAMS IN THE GREENE COUNTY AREA 250
    RIP VAN WINKLE SOCCER CLUB NYCA INC
    PO BOX 186
    CAIRO,NY12413     		NONE NON-PROFIT PURCHASE OF UNIFORMS AND SAFETY EQUIPMENT 1,000
    CAREY CENTER FOR GLOBAL GOOD
    63 HUYCK ROAD
    RENNSSELAERVILLE,NY12147     		NONE NON-PROFIT SCHOLARSHIPS $1,000; IMPLEMENTATION OF A NEW FARM BASED EDUCATIONAL PROGRAM FOR HIGH SCHOOL STUDENTS $500 1,500
    RIVERTOWN HOUSING DEVELOPMENT COMPANY INC
    19 THIRD STREET
    ATHENS,NY12015     		NONE NON-PROFIT PURCHASE OF A COMPUTER AND PRINTER 250
    COLUMBIA LAND CONSERVANCY
    PO BOX 229
    49 MAIN STREET
    CHATHAM,NY12037     		NONE NON-PROFIT SUPPORT OF EDUCATION AND OUTREACH PROGRAMS 500
    ROELIFF JANSEN COMMUNITY LIBRARY
    PO BOX 669
    HILLSDALE,NY12529     		NONE NON-PROFIT SUPPORT OF 100TH ANNIVERSARY CELEBRATION 500
    YMCA OF KINGSTON AND ULSTER COUNTY
    507 BROADWAY
    KINGSTON,NY12401     		NONE NON-PROFIT PURCHASE AND INSTALLATION OF ELECTRONIC CONTROL EQUIPMENT 250
    HOPE FULL LIFE CENTER
    ROUTE 9W - FAITH PLAZA
    RAVENA,NY12143     		NONE NON-PROFIT SUPPORT OF HOPE FULL LIFE FUND PROGRAM 250
    THE MOUNTAIN TOP HISTORICAL SOCIETY
    PO BOX 263
    HAINES FALLS,NY12436     		NONE NON-PROFIT GENERAL SUPPORT 500
    HUDSON DOLLARS FOR SCHOLARS
    PO BOX 1048
    HUDSON,NY12534     		NONE NON-PROFIT SCHOLARSHIP EXPENSES 1,000
    HOUSING RESOURCES OF COLUMBIA COUNTY INC
    252 COLUMBIA STREET
    HUDSON,NY12534     		NONE NON-PROFIT SUPPORT OF COMPREHENSIVE HOUSING COUNSELING PROGRAM 250
    COLUMBIA-GREENE COMMUNITY FOUNDATION
    4400 ROUTE 23
    HUDSON,NY12534     		NONE NON-PROFIT SCHOLARSHIPS 4,800
    HUDSON JAZZWORKS INC
    338 KIPP ROAD
    HUDSON,NY12534     		NONE NON-PROFIT PLAN, EXPAND AND IMPLEMENT PROGRAMS 250
    CATSKILL MOUNTAIN HOUSING DEVELOPMENT CORPORATION
    PO BOX 473
    448 MAIN STREET
    CATSKILL,NY12414     		NONE NON-PROFIT CONDUCT STUDY OF VACANT PROPERTIES IN GREENE COUNTY 1,000
    NEW BALTIMORE CONSERVENCY INC
    3809 CR 51
    HANNACROIX,NY12087     		NONE NON-PROFIT DEVELOP AND MAINTAIN THE NEW BALTIMORE FARMERS MARKET 250
    GREENE COUNTY POP WARNER FOOTBALL AND CHEERLEADING
    PO BOX 397
    SOUTH CAIRO,NY12482     		NONE NON-PROFIT PURCHASE NEW CHEERLEADING AND FOOTBALL UNIFORMS 250
    GREENE COUNTY AGRICULTURE SOCIETY
    PO BOX 198
    EAST DURHAM,NY12423     		NONE NON-PROFIT SUPPORT OF GREENE COUNTY YOUTH FAIR 500
    HUDSON AREA ASSOCIATION LIBRARY
    400 STATE STREET
    HUDSON,NY12534     		NONE NON-PROFIT SUPPORT OF ADULTS SPANISH LANGUAGE CLASSES 500
    HUDSON DEVELOPMENT CORPORATION
    PO BOX 793
    HUDSON ELKS FLAG DAY PARADE COMMITT
    HUDSON,NY12534     		NONE NON-PROFIT GENERAL SUPPORT FOR FLAG DAY PROGRAM AND PARADE 500
    KAMP KIWANIS
    9020 KIWANIS ROAD
    TABERG,NY13471     		NONE NON-PROFIT FUNDING FOR TWO GREENE COUNTY CHILDREN TO ATTEND KAMP KIWANIS 500
    MENTAL HEALTH ASSOC OF COLUMBIA-GREENE COUNTIES
    713 UNION STREET
    HUDSON,NY12534     		NONE NON-PROFIT SUPPORT EXISTING PROGRAMS 500
    OPERATION UNITE EDUCATION AND CULTURAL ARTS CENTER
    360 COLUMBIA STREET
    HUDSON,NY12534     		NONE NON-PROFIT SUPPORT OF MURAL ARTS PROGRAM 500
    PHILMONT BEAUTIFICATION INC
    PO BOX 1072
    113 MAIN STREET
    PHILMONT,NY12565     		NONE NON-PROFIT SUPPORT OF ESTABLISHED PROGRAMS AND EXPANDED PROGRAMMING AND SERVICES 250
    THE RENSSELAERVILLE LIBRARY
    PO BOX 188
    MAIN STREET
    RENSSELAERVILLE,NY12147     		NONE NON-PROFIT SPONSORSHIP OF FESTIVAL OF WRITERS 500
    SPECIAL NEEDS PROGRAM INC
    PO BOX 349
    1351 STATE ROUTE 66
    GHENT,NY12075     		NONE NON-PROFIT SUPPORT OF DAY HABILITATION PROGRAM 500
    ST MARK'S EVANGELICAL LUTHERAN CHURCH
    8 STORM AVENUE
    HUDSON,NY12534     		NONE NON-PROFIT SUPPORT FOOD PANTRY 250
    TOWN OF WESTERLO
    933 COUNTY ROUTE 401
    HERITAGE MUSEUM
    WESTERLO,NY12193     		NONE MUNICIPALITY RENOVATION OF THE OLDEST HOUSE IN WESTERLO THAT IS SLATED TO BECOME A MUSEUM 250
    TOWN OF WESTERLO PUBLIC LIBRARY
    604 STATE ROUTE 143
    WESTERLO,NY12193     		NONE NON-PROFIT PURCHASE NEW BOOK DROP 500
    TWIN COUNTY RECOVERY SERVICES INC
    428 WEST MAIN STREET
    ALCHOLISM CENTER OF COLUMBIA COUNTY
    CATSKILL,NY12414     		NONE NON-PROFIT SUPPORT ALCOHOL AND DRUG USAGE PREVENTION SERVICES 500
    HUDSON RIVER HISTORIC BOAT RESTORATION AND SAILING
    191 23B STOP 13
    HUDSON,NY12534     		  NON-PROFIT PURCHASE OF EQUIPMENT TO RESTORE WOODEN BOATS 250
    Total .................................bullet 3a 62,550
    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     14 846  
    4 Dividends and interest from securities....     14 55,093  
    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)..   55,939  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1355,939
    (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

    TY 2012 AccountingFeesSchedule
    Name:
    BANK OF GREENE COUNTY CHARITABLE FOUNDATION
    EIN: 14-1810419
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,275      

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

    TY 2012 DepreciationSchedule
    Name:
    BANK OF GREENE COUNTY CHARITABLE FOUNDATION
    EIN: 14-1810419
    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

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    BANK OF GREENE COUNTY CHARITABLE FOUNDATION
    EIN: 14-1810419
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GREENE COUNTY SAVINGS BANK 334,739 1,581,734
    MUTUAL FUNDS INVEST MARKTPLACE 107,332 110,808

    TY 2012 LandEtcSchedule2
    Name:
    BANK OF GREENE COUNTY CHARITABLE FOUNDATION
    EIN: 14-1810419
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2012 OtherIncomeSchedule2
    Name:
    BANK OF GREENE COUNTY CHARITABLE FOUNDATION
    EIN: 14-1810419
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GRANTS RETURNED      


    TY 2012 OtherIncreasesSchedule
    Name:
    BANK OF GREENE COUNTY CHARITABLE FOUNDATION
    EIN: 14-1810419
    Description Amount
    PRIOR PERIOD ADJUSTMENT TO COST BASIS 3,737
    ON MUTUAL FUNDS 0


    TY 2012 TaxesSchedule
    Name:
    BANK OF GREENE COUNTY CHARITABLE FOUNDATION
    EIN: 14-1810419
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS FILING FEES 250      
    FEDERAL TAXES 871      
    DELAWARE CORPORATION TAX 25