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 01-01-2012 , and ending 12-31-2012
Name of foundation
APPLE PICKERS FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1033   Room/suite
City or town, state, and ZIP code
WESTERLY, RI02891
A Employer identification number

20-7196513
B Telephone number (see instructions)

(401) 596-8960
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$11,319,704J 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)  
2 Check bullet
3 Interest on savings and temporary cash investments 28,467 28,467  
4 Dividends and interest from securities...... 180,905 180,905  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 186,873
b Gross sales price for all assets on line 6a 8,477,392
7 Capital gain net income (from Part IV, line 2)... 186,873
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........ 396,245 396,245  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 2,600      
c Other professional fees (attach schedule).... Click to see attachment 41,232 41,232    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 9,481 3,317    
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 325 325    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,638 44,874   0
25 Contributions, gifts, grants paid........ 380,000 380,000
26 Total expenses and disbursements. Add lines 24 and 25 433,638 44,874   380,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -37,393
b Net investment income (if negative, enter -0-) 351,371
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...............   -4  
2 Savings and temporary cash investments.......... 1,807,528 649,832 649,832
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........... 2,240 6,200 6,200
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 5,064,876 Click to see attachment5,458,703 5,765,848
c Investments—corporate bonds (attach schedule)........ 650,130 Click to see attachment3,453,264 3,151,445
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 3,856,391 Click to see attachment1,772,000 1,742,602
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment3,777 Click to see attachment3,777
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,381,165 11,343,772 11,319,704
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.................... 11,381,165 11,343,772
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).................... 11,381,165 11,343,772
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 11,381,165 11,343,772
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 11,381,165
2 Enter amount from Part I, line 27a..................... 2 -37,393
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 11,343,772
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 11,343,772
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 BOEING CO ODDLOT TENDER OFFER P 2011-02-09 2012-02-09
b QEP RESOURCES INC P 2011-04-04 2012-03-13
c GENERAL ELECTRIC COMPANY P 2010-11-30 2012-02-14
d METLIFE INC P 2009-09-23 2012-02-14
e UNITEDHEALTH GROUP INC P 2010-08-06 2012-02-28
BERKSHIRE HATHAWAY B NEWCLASS B P 2010-12-28 2012-03-13
APACHE CORP P 2009-12-23 2012-03-23
EXXON MOBIL CORPORATION P 2010-05-19 2012-05-31
VANGUARD TAX-MANAGED EURO P 2008-06-09 2012-02-09
VANGUARD TAX-MANAGED EURO P 2009-09-26 2012-03-23
CISCO SYSTEMS INC P 2011-06-20 2012-02-14
ROYAL DUTCH SHELL A ADRFSPONSORED AD P 2011-04-26 2012-03-23
GENERAL ELECTRIC COMPANY P 2010-11-30 2012-02-28
PROCTER & GAMBLE EXCHANGE OFFER EXP: P 2009-01-08 2012-02-14
UNIT CORPORATION P 2010-12-02 2012-02-28
GENERAL DYNAMICS CORP P 2010-04-13 2012-03-20
BERKSHIRE HATHAWAY B NEWCLASS B P 2010-12-28 2012-03-23
JOHNSON & JOHNSON P 2010-06-29 2012-05-31
VANGUARD TAX-MANAGED EURO P 2008-05-07 2012-02-09
VANGUARD TAX-MANAGED EURO P 2009-09-26 2012-04-05
HEWLETT-PACKARD COMPANY P 2011-09-27 2012-02-14
CISCO SYSTEMS INC P 2011-06-20 2012-04-05
GENERAL ELECTRIC COMPANY P 2010-11-30 2012-04-05
UNILEVER PLC ADR NEW FWITH STOCK SPL P 2010-10-26 2012-02-14
UNILEVER PLC ADR NEW FWITH STOCK SPL P 2010-10-26 2012-02-28
CALPINE CORP NEW P 2011-02-03 2012-03-20
CALPINE CORP NEW P 2011-02-03 2012-03-23
UNITEDHEALTH GROUP INC P 2010-08-06 2012-06-26
VANGUARD TAX-MANAGED EURO P 2008-05-07 2012-02-09
VANGUARD TAX-MANAGED EURO P 2009-09-26 2012-04-24
QEP RESOURCES INC P 2011-04-04 2012-02-14
GOLDMAN SACHS GROUP INC P 2011-10-17 2012-04-24
ABBOTT LABORATORIES P 2010-01-29 2012-02-14
UNIT CORPORATION P 2010-12-02 2012-02-14
PROCTER & GAMBLE EXCHANGE OFFER EXP: P 2009-01-08 2012-02-28
METLIFE INC P 2009-09-23 2012-03-20
B C E INC NEW F P 2010-03-30 2012-03-23
KRAFT FOODS INC EXCHANGE OFFER EXP: P 2010-05-07 2012-07-25
VANGUARD TAX-MANAGED EURO P 2008-05-07 2012-02-09
VANGUARD TAX-MANAGED EURO P 2009-09-26 2012-06-12
ROYAL DUTCH SHELL A ADRFSPONSORED AD P 2011-04-26 2012-02-14
CISCO SYSTEMS INC P 2011-06-20 2012-05-18
A F L A C INC ODD LOT OFFER P 2009-12-03 2012-02-14
UNITEDHEALTH GROUP INC P 2010-08-06 2012-02-14
MERCK P 2009-09-01 2012-02-28
METLIFE INC P 2009-09-23 2012-03-20
BOEING CO ODDLOT TENDER OFFER P 2011-02-09 2012-04-05
UNITEDHEALTH GROUP INC P 2010-08-06 2012-07-25
VANGUARD TAX-MANAGED EURO P 2008-08-11 2012-02-28
VANGUARD INTL EQUITY P 2008-05-07 2012-04-05
STAPLES INC P 2011-06-01 2012-02-14
NATIXIS FDS TR IV AEW REAL - 63872W4 P 2012-08-14 2012-11-07
AMGEN INCORPORATED P 2009-12-03 2012-02-14
WAL-MART STORES INC P 2008-10-10 2012-02-14
KRAFT FOODS INC EXCHANGE OFFER EXP: P 2010-05-07 2012-02-28
METLIFE INC P 2009-09-23 2012-03-20
ABBOTT LABORATORIES P 2010-01-29 2012-04-05
PROSHARES TRUST ETF ULTRASHORT LEHMA P 2010-08-06 2012-10-22
VANGUARD TAX-MANAGED EURO P 2008-08-11 2012-02-28
VANGUARD INTL EQUITY P 2008-06-09 2012-04-05
GOLDMAN SACHS GROUP INC P 2011-10-17 2012-02-14
VANGUARD REIT - XXX-XX-XXXX P 2012-07-26 2012-11-07
APACHE CORP P 2009-12-23 2012-02-14
WAL-MART STORES INC P 2009-12-23 2012-02-14
AMGEN INCORPORATED P 2009-12-03 2012-02-28
METLIFE INC P 2009-09-23 2012-03-20
UNITEDHEALTH GROUP INC P 2010-08-06 2012-04-05
INTL BUSINESS MACHINES P 2009-12-23 2012-11-13
VANGUARD TAX-MANAGED EURO P 2008-07-09 2012-02-28
VANGUARD INTL EQUITY P 2008-04-08 2012-04-05
STAPLES INC P 2011-06-01 2012-02-16
COLUMBIA SELECT LARGE CAP GROWTH - 1 P 2012-03-13 2012-11-13
BERKSHIRE HATHAWAY B NEWCLASS B P 2010-12-28 2012-02-14
B C E INC NEW F P 2010-03-30 2012-02-09
A F L A C INC ODD LOT OFFER P 2009-12-03 2012-02-28
METLIFE INC P 2009-09-23 2012-03-20
UNILEVER PLC ADR NEW FWITH STOCK SPL P 2010-10-26 2012-04-18
INTL BUSINESS MACHINES P 2009-12-23 2012-11-13
VANGUARD TAX-MANAGED EURO P 2008-03-07 2012-02-28
VANGUARD INTL EQUITY P 2008-08-11 2012-04-24
STAPLES INC P 2011-08-19 2012-02-16
COLUMBIA SELECT LARGE CAP GROWTH - 1 P 2012-04-18 2012-11-13
CALPINE CORP NEW P 2011-02-03 2012-02-14
OAKMARK INTL FD CLASS I P 2008-01-16 2012-02-16
ABBOTT LABORATORIES P 2010-01-29 2012-02-28
METLIFE INC P 2009-09-23 2012-03-20
PROCTER & GAMBLE EXCHANGE OFFER EXP: P 2009-01-08 2012-04-18
B C E INC NEW F P 2010-03-30 2012-03-23
VANGUARD TAX-MANAGED EURO P 2008-04-08 2012-02-28
VANGUARD INTL EQUITY P 2008-07-08 2012-04-24
HEWLETT-PACKARD COMPANY P 2011-09-27 2012-02-16
COLUMBIA SELECT LARGE CAP GROWTH - 1 P 2012-05-01 2012-11-13
EXXON MOBIL CORPORATION P 2010-01-29 2012-02-14
B C E INC NEW F P 2010-03-30 2012-02-16
CALPINE CORP NEW P 2011-02-03 2012-02-28
MERCK P 2009-09-01 2012-03-20
ABBOTT LABORATORIES P 2010-01-29 2012-04-18
B C E INC NEW F P 2010-03-30 2012-03-23
VANGUARD TAX-MANAGED EURO P 2008-08-11 2012-03-13
VANGUARD INTL EQUITY P 2008-03-07 2012-04-24
SPRINT NEXTEL CORP P 2011-02-28 2012-02-28
DU PONT E I DE NEMOURS & CO - 263534 P 2012-02-16 2012-11-15
GENERAL DYNAMICS CORP P 2010-04-13 2012-02-14
AMGEN INCORPORATED P 2009-12-03 2012-02-16
JOHNSON & JOHNSON P 2008-08-05 2012-02-28
SPRINT NEXTEL CORP P 2011-02-28 2012-03-20
ABBOTT LABORATORIES P 2010-05-19 2012-04-18
B C E INC NEW F P 2010-03-30 2012-03-23
VANGUARD TAX-MANAGED EURO P 2008-08-11 2012-03-13
VANGUARD INTL EQUITY P 2008-04-08 2012-04-24
SPRINT NEXTEL CORP P 2011-02-28 2012-02-28
DU PONT E I DE NEMOURS & CO - 263534 P 2012-03-23 2012-11-15
JOHNSON & JOHNSON P 2008-08-05 2012-02-14
UNIT CORPORATION P 2010-12-02 2012-02-16
B C E INC NEW F P 2010-03-30 2012-02-28
LOCKHEED MARTIN CORP P 2009-09-28 2012-03-23
EXXON MOBIL CORPORATION P 2010-01-29 2012-04-18
B C E INC NEW F P 2010-03-30 2012-03-23
VANGUARD TAX-MANAGED EURO P 2008-09-09 2012-03-13
VANGUARD INTL EQUITY P 2009-09-24 2012-06-12
QEP RESOURCES INC P 2011-04-04 2012-02-28
BOEING CO - 097023BB0 P 2012-03-23 2012-11-20
KRAFT FOODS INC EXCHANGE OFFER EXP: P 2010-05-07 2012-02-14
UNITEDHEALTH GROUP INC P 2010-08-06 2012-02-16
GENERAL DYNAMICS CORP P 2010-04-13 2012-03-13
AMGEN INCORPORATED P 2009-12-03 2012-03-23
WAL-MART STORES INC P 2008-10-10 2012-04-24
B C E INC NEW F P 2010-03-30 2012-03-23
VANGUARD TAX-MANAGED EURO P 2008-09-09 2012-03-13
VANGUARD INTL EQUITY P 2008-08-11 2012-06-12
MERCK P 2011-05-13 2012-02-28
ABBOTT LABS - 002824AX8 P 2012-04-05 2012-12-10
LOCKHEED MARTIN CORP P 2009-09-28 2012-02-14
CALPINE CORP NEW P 2011-02-03 2012-02-16
SPRINT NEXTEL CORP P 2011-02-28 2012-03-13
AMGEN INCORPORATED P 2010-05-19 2012-03-23
EXXON MOBIL CORPORATION P 2010-01-29 2012-05-01
VANGUARD TAX-MANAGED EURO P 2008-04-08 2012-02-09
VANGUARD TAX-MANAGED EURO P 2009-09-26 2012-03-13
VANGUARD INTL EQUITY P 2008-08-11 2012-06-12
CISCO SYSTEMS INC P 2011-06-20 2012-02-28
GENERAL ELECTRIC COMPANY P 2010-11-30 2012-04-18
MERCK P 2009-12-23 2012-02-09
WAL-MART STORES INC P 2008-10-10 2012-02-28
A F L A C INC ODD LOT OFFER P 2009-12-03 2012-03-13
AMGEN INCORPORATED P 2010-06-29 2012-03-23
BOEING CO ODDLOT TENDER OFFER P 2011-02-09 2012-05-29
VANGUARD TAX-MANAGED EURO P 2008-06-09 2012-02-09
VANGUARD TAX-MANAGED EURO P 2009-09-26 2012-03-13
(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 37,952   36,198 1,754
b 92,418   125,991 -33,573
c 19,145   15,758 3,387
d 37,201   38,782 -1,581
e 27,802   16,673 11,129
35,876   36,014 -138
101,503   94,640 6,863
78,998   62,149 16,849
2,785   3,787 -1,002
168,165   172,601 -4,436
20,279   15,008 5,271
98,257   105,838 -7,581
38,149   31,516 6,633
63,608   60,416 3,192
97,513   85,689 11,824
72,584   76,728 -4,144
161,960   160,063 1,897
99,639   94,617 5,022
168   234 -66
101,080   106,529 -5,449
29,159   24,087 5,072
40,355   30,015 10,340
40,169   32,304 7,865
81,393   72,337 9,056
9,727   8,680 1,047
34,202   29,302 4,900
85,492   73,256 12,236
58,058   33,347 24,711
104,034   145,089 -41,055
97,765   103,561 -5,796
30,824   41,997 -11,173
111,946   96,534 15,412
55,114   53,335 1,779
47,647   42,845 4,802
19,975   18,125 1,850
11,488   11,635 -147
7,991   5,914 2,077
78,033   59,423 18,610
3,356   4,680 -1,324
149,526   172,601 -23,075
72,824   75,599 -2,775
98,968   90,046 8,922
48,837   46,109 2,728
52,842   33,347 19,495
30,493   30,114 379
9,535   9,652 -117
29,389   28,958 431
51,591   33,347 18,244
107,180   128,795 -21,615
41,646   50,008 -8,362
72,873   83,119 -10,246
50,000   50,366 -366
67,209   56,996 10,213
6,186   5,301 885
22,737   17,827 4,910
3,829   3,878 -49
30,627   26,668 3,959
33   72 -39
2,147   2,580 -433
43,363   50,004 -6,641
78,293   65,161 13,132
64,594   65,710 -1,116
53,411   51,890 1,521
55,674   48,194 7,480
33,525   28,498 5,027
26,806   27,147 -341
29,397   16,673 12,724
43,567   30,008 13,559
81,927   100,015 -18,088
29,667   33,872 -4,205
86,097   94,756 -8,659
31,084   33,848 -2,764
79,096   80,031 -935
40,194   29,572 10,622
18,710   18,444 266
3,829   3,878 -49
98,707   86,804 11,903
31,874   21,954 9,920
119,278   150,159 -30,881
19,577   19,952 -375
13,594   12,394 1,200
173,634   190,000 -16,366
30,454   29,302 1,152
194,278   198,000 -3,722
22,650   21,334 1,316
21,100   21,363 -263
66,881   60,416 6,465
47,945   35,486 12,459
30,262   40,406 -10,144
47,911   50,013 -2,102
159,580   132,477 27,103
45,281   50,000 -4,719
84,873   64,917 19,956
39,279   29,572 9,707
31,095   29,302 1,793
109,227   90,527 18,700
60,554   53,335 7,219
11,986   8,869 3,117
11,965   14,538 -2,573
44,964   49,991 -5,027
8,940   17,402 -8,462
150,000   154,725 -4,725
35,448   38,364 -2,916
61,239   51,297 9,942
64,624   70,314 -5,690
57,371   94,189 -36,818
30,277   23,972 6,305
3,995   2,956 1,039
3,370   4,095 -725
13,851   16,127 -2,276
12,525   21,753 -9,228
100,000   102,733 -2,733
64,974   70,314 -5,340
52,243   47,129 5,114
40,304   29,572 10,732
134,210   117,837 16,373
34,029   25,967 8,062
3,995   2,957 1,038
112,405   124,003 -11,598
68,945   68,507 438
6,975   8,399 -1,424
250,000   252,413 -2,413
77,149   59,423 17,726
49,135   30,012 19,123
50,454   53,710 -3,256
26,626   22,798 3,828
58,876   49,687 9,189
3,995   2,956 1,039
23,593   26,028 -2,435
15,368   17,206 -1,838
3,766   3,723 43
158,501   158,633 -132
43,777   39,279 4,498
13,837   13,186 651
27,200   43,505 -16,305
46,595   38,635 7,960
86,573   64,917 21,656
80,945   109,753 -28,808
94,777   97,071 -2,294
11,497   12,872 -1,375
50,237   37,519 12,718
95,973   78,790 17,183
38,164   37,642 522
29,197   26,503 2,694
89,988   92,218 -2,230
26,626   21,589 5,037
104,988   108,593 -3,605
144,305   196,218 -51,913
90,935   93,136 -2,201
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       1,754
b       -33,573
c       3,387
d       -1,581
e       11,129
      -138
      6,863
      16,849
      -1,002
      -4,436
      5,271
      -7,581
      6,633
      3,192
      11,824
      -4,144
      1,897
      5,022
      -66
      -5,449
      5,072
      10,340
      7,865
      9,056
      1,047
      4,900
      12,236
      24,711
      -41,055
      -5,796
      -11,173
      15,412
      1,779
      4,802
      1,850
      -147
      2,077
      18,610
      -1,324
      -23,075
      -2,775
      8,922
      2,728
      19,495
      379
      -117
      431
      18,244
      -21,615
      -8,362
      -10,246
      -366
      10,213
      885
      4,910
      -49
      3,959
      -39
      -433
      -6,641
      13,132
      -1,116
      1,521
      7,480
      5,027
      -341
      12,724
      13,559
      -18,088
      -4,205
      -8,659
      -2,764
      -935
      10,622
      266
      -49
      11,903
      9,920
      -30,881
      -375
      1,200
      -16,366
      1,152
      -3,722
      1,316
      -263
      6,465
      12,459
      -10,144
      -2,102
      27,103
      -4,719
      19,956
      9,707
      1,793
      18,700
      7,219
      3,117
      -2,573
      -5,027
      -8,462
      -4,725
      -2,916
      9,942
      -5,690
      -36,818
      6,305
      1,039
      -725
      -2,276
      -9,228
      -2,733
      -5,340
      5,114
      10,732
      16,373
      8,062
      1,038
      -11,598
      438
      -1,424
      -2,413
      17,726
      19,123
      -3,256
      3,828
      9,189
      1,039
      -2,435
      -1,838
      43
      -132
      4,498
      651
      -16,305
      7,960
      21,656
      -28,808
      -2,294
      -1,375
      12,718
      17,183
      522
      2,694
      -2,230
      5,037
      -3,605
      -51,913
      -2,201
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 2 186,873
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 -27,488
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 554,347 11,688,994 0.047425
2010 495,495 11,003,688 0.045030
2009 594,907 9,344,067 0.063667
2008 440,671 11,910,024 0.037000
2007 130,000 7,702,139 0.016878
2 Total of line 1, column (d) ...................... 2 0.210000
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 0.042000
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 11,231,629
5 Multiply line 4 by line 3....................... 5 471,728
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,514
7 Add lines 5 and 6......................... 7 475,242
8 Enter qualifying distributions from Part XII, line 4.............. 8 500,000
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 3,514
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 3,514
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 3,514
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 6,200
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 6,200
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,686
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet100 Refunded Bullet 11 2,586
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)
    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 addressbulletN/A
    14
    The books are in care ofbulletMICHAEL WARBURG Telephone no.bullet (401) 596-8960
    Located atbulletPO BOX 1033WESTERLYRI ZIP+4bullet02891
    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
     
     
    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
     
     
    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
    GEORGE S WARBURGClick to see attachment TRUSTEE
    2.00     		0 0 0
    PO BOX 1033
    WESTERLY,RI02891
    ELINOR B WARBURGClick to see attachment TRUSTEE
    2.00     		0 0 0
    PO BOX 1033
    WESTERLY,RI02891
    DANIEL S WARBURGClick to see attachment TRUSTEE
    2.00     		0 0 0
    PO BOX 1033
    WESTERLY,RI02891
    MICHAEL F WARBURGClick to see attachment TRUSTEE
    2.00     		0 0 0
    PO BOX 1033
    WESTERLY,RI02891
    JOHN P WARBURGClick to see attachment TRUSTEE
    2.00     		0 0 0
    PO BOX 1033
    WESTERLY,RI02891
    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
    NONE
    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
    NONE
    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 N/A  
    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
    10,312,565
    b
    Average of monthly cash balances.......................
    1b
    1,090,104
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,402,669
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    11,402,669
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    171,040
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,231,629
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    561,581
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    561,581
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    3,514
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,514
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    558,067
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    558,067
    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
    558,067
    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
    380,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
    120,000
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    500,000
    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
    3,514
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    496,486
    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 7 558,067
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 52,194
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 500,000
    a Applied to 2011, but not more than line 2a 52,194
    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..... 447,806
    e Remaining amount distributed out of corpus  
    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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    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 ..........     		110,261
    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 ......     		 
    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....  
    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).)
    GEORGE S WARBURG
    ELINOR B WARBURG
    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 of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    CONNECTICUT PLAYERS FOUNDATION INC
    LONG WHARF THEATRE
    222 SARGENT DRIVE
    NEW HAVEN,CT06511     		N/A PUBLIC CHARI THEATRE REFURBISHMENT 50,000
    YEAR UP INC
    YEAR UP PROVIDENCE
    10 DORRANCE ST STE 1108
    PROVIDENCE,RI02903     		N/A PUBLIC CHARI GENERAL SUPPORT 75,000
    UNITES STATES YOUTH CRICKET ASSOC
    1405 MADISON PARK DRIVE
    GLEN BURNIE,MD21061     		N/A PUBLIC CHARI PURCHASE TRAINING EQUIPMENT 25,000
    FRIENDS OF THE JEWISH MUSEUM BERLIN
    227 RIDGEVIEW RD
    PRINCETON,NJ08540     		N/A PUBLIC CHARI GENERAL SUPPORT 50,000
    WESTMINSTER SCHOOL FOUNDATION US
    630 FIFTH AVE
    NEW YORK,NY10111     		N/A PUBLIC CHARI GENERAL SUPPORT 100,000
    NEW ISRAEL FUND
    703 MARKET ST STE 1503
    SAN FRANCISCO,CA94103     		N/A PUBLIC CHARI GENERAL SUPPORT FOR HUMAN RIGHTS 80,000
    Total .................................bullet 3a 380,000
    bApproved for future payment
    YEAR UP INC
    YEAR UP PROVIDENCE
    10 DORRANCE ST STE 1180
    PROVIDENCE,RI02903     		N/A PUBLIC CHARI GENERAL SUPPORT 75,000
    FRIENDS OF BROOKSVALE PARK INC
    156 BROOKSVALE AVE
    HAMDEN,CT06518     		N/A PUBLIC CHARI GENERAL SUPPORT 45,000
    Total .................................bullet 3b 120,000
    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 28,467  
    4 Dividends and interest from securities....     14 180,905  
    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     14 186,873  
    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)..   396,245  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13396,245
    (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:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 2,600      

    TY 2012 CompensationExplanation
    Name:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Person Name Explanation
    GEORGE S WARBURG  
    ELINOR B WARBURG  
    DANIEL S WARBURG  
    MICHAEL F WARBURG  
    JOHN P WARBURG  

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALTRIA GROUP 4.125%15NOTES DUE 09/11    
    CORNING INC DEB 6.75%13    
    FCX 8.250 04/ 8.25%15 DUE 04/01/15    
    KRAFT FOODS 4.125%16NOTES DUE 02/09/    
    L-3 COMMUNICATIONS CORP SR SB NT5.87    
    MORGAN STANLEY 5%25NOTES DUE 06/11/2    
    PITNEY BOWES INC NT 5%15    
    GENERAL ELECTRIC 2.8% DUE 1/8/13 254,380 250,070
    IBM 2.1% DUE 5/6/13 255,026 251,560
    JP MORGAN CHASE & CO 2.05% DUE 1/24/ 304,908 304,695
    WALMART STORES INC 3.0% DUE 2/3/14 156,868 154,376
    COCA COLA 3.625% DUE 3/15/14 159,716 155,636
    NOVARTIS CAP CORP 1.9% DUE 4/24/13 254,474 251,298
    ISHARES BARCLAYS TIPS 399,449 443,147
    ISHARES BACLAYS 1-3 YR CR BD FUND 209,842 210,960
    PROSHARES ULTRASHORT 20+ YEAR TR ETF 500,344 237,684
    SHELL INTL FIN B V 3.1% DUE 6/28/15 161,635 158,904
    ARTIO GLOBAL HIGH YIELD INCOME FD 345,941 355,695
    PIMCO HIGH YIELD FD 200,000 205,547
    PROSAHRES SHORT 20+ YR TREASURY 250,681 171,873

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A F L A C INC ODD LOT OFFER    
    ABBOTT LABORATORIES    
    AMGEN INCORPORATED    
    APACHE CORP    
    APPLE INC 130,336 212,869
    B C E INC NEW F    
    BERKSHIRE HATHAWAY B NEWCLASS B    
    BOEING CO ODDLOT TENDER OFFER    
    CALPINE CORP NEW    
    CYSCO SYSTEMS INC    
    EXXON MOBIL    
    GENERAL DYNAMICS    
    GENERAL ELECTRIC    
    GOLDMAN SACHS GROUP INC    
    HEWLETT-PACKARD COMPANY    
    IBM    
    JOHNSON & JOHNSON    
    KRAFT FOODS    
    LOCKHEED MARTIN    
    MERCK    
    METLIFE INC    
    PROCTOR & GAMBLE    
    QEP RESOURCES    
    ROYAL DUTCH SHELL    
    SPRINT NEXTEL    
    STAPLES    
    UNILEVER    
    UNIT CORPORATION    
    UNITEDHEALTH GROUP INC    
    WALMART STORES    
    COLUMBIA DIVIDEND INCOME FUND 1,172,800 1,205,362
    COLUMBIA SELECT LARGE CAP GROWTH FUN 735,352 738,621
    IBM 64,953 95,775
    SELECT SECTOR SPDR TR FINANCIAL 47,760 49,170
    VANGUARD LARGE CAP ETF 131,911 130,320
    COLUMBIA ACORN FUND 405,700 394,343
    FIRST TR ISE REVERE NAT GAS 225,288 219,520
    JOHN HANCOCK FDS III DISCIPLINED 410,850 437,370
    CAMBIAR SAMLL CAP FUND 267,500 261,408
    EAGLE SM CAP GROWTH FUND 229,540 231,083
    ARTISAN INTERNATIONAL FUND 209,200 230,780
    ARTISAN INTL VALUE FUND 208,040 231,547
    VANGUARD MSCI EAFE ETF FUND 517,535 528,450
    SPDR S&P CHINA 69,134 74,090
    VANGUARD MSCI EMERGING MKTS ETF 579,247 667,950
    WISDOMTREE EMERGING MARKETS HIGH YI 53,557 57,190

    TY 2012 InvestmentsOtherSchedule2
    Name:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JP MORGAN EXCH TRAD NOTEPENDING EN AT COST    
    PROSHARES TRUST ETF ULTRASHORT LEHMA AT COST    
    RYDEX ETF TRUST AUSTRALIAN DOLLAR TR AT COST    
    VANGUARD EUROPE PAC ETF AT COST    
    VANGUARD EMERGING MARKET AT COST    
    LOOMIS SAYLES BOND CL I AT COST    
    OAKMARK INTL FD CLASS I AT COST    
    MESIROW ABS RETURN LTD AT COST 500,000 511,868
    PIMCO ALL ASSET ALL AUTH FUND AT COST 200,000 197,332
    PROVIDENCE VII PARTICIPATION TR AT COST 50,000 50,000
    INTERNATIONAL FARMLAND FD AT COST 75,000 66,450
    ALEXANDRIA REAL ESTATE EQ INC AT COST 17,229 17,330
    DUKE RLTY CORP AT COST 13,870 13,870
    EQUITY REIDENTIAL SH BEN INT AT COST 14,590 14,168
    EXTRA SPACE STORAGE INC REITS AT COST 8,682 9,098
    HEALTH CARE REIT INC AT COST 14,618 15,323
    MEDICAL PPTYS TR INC REIT AT COST 11,758 11,960
    NATIXIS FDS TR IV AEW REAL ESTATE AT COST 321,634 312,318
    NUVEEN REAL ESTATE SECS FUND AT COST 50,000 47,690
    SUN COMMUNITIES INC AT COST 10,460 9,973
    VANGUARD REIT ETF AT COST 64,959 65,800
    PIMCO COMMODITY REALRETURN AT COST 419,200 399,422

    TY 2012 OtherAssetsSchedule
    Name:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND RECEIVABLE   3,777 3,777


    TY 2012 OtherExpensesSchedule
    Name:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK CHARGES 325 325    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 41,232 41,232    


    TY 2012 TaxesSchedule
    Name:
    APPLE PICKERS FOUNDATION
    EIN: 20-7196513
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 3,317 3,317    
    EXCISE TAX ON INVESTMENTS 6,164