Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
HOWARD P COLHOUN FAMILY FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)14114 MANTUA MILL ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GLYNDON, MD211364836
A Employer identification number

52-1853373
B Telephone number (see instructions)

(410) 332-4171
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$34,234,058J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 10,056,795
2 Check bullet
3 Interest on savings and temporary cash investments 198 198  
4 Dividends and interest from securities...... 434,358 434,358  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,725,546
b Gross sales price for all assets on line 6a 18,389,626
7 Capital gain net income (from Part IV, line 2)... 12,283,533
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........ 12,216,897 12,718,089  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   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 18,654 0   18,654
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 272,603 1,682   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,527 0   6,527
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,714 0   1,714
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 299,498 1,682   26,895
25 Contributions, gifts, grants paid........ 1,652,500 1,652,500
26 Total expenses and disbursements. Add lines 24 and 25 1,951,998 1,682   1,679,395
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,264,899
b Net investment income (if negative, enter -0-) 12,716,407
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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............... 2,818 16,762 16,762
2 Savings and temporary cash investments..........      
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 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)........      
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)........... 19,953,874 Click to see attachment34,217,271 34,217,271
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment25 Click to see attachment25 Click to see attachment25
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,956,717 34,234,058 34,234,058
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 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 19,956,717 34,234,058
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).................... 19,956,717 34,234,058
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 19,956,717 34,234,058
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 19,956,717
2 Enter amount from Part I, line 27a..................... 2 10,264,899
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 4,012,442
4 Add lines 1, 2, and 3.......................... 4 34,234,058
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 34,234,058
Form 990-PF (2013)
Form 990-PF (2013)
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
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 17,789,976   6,106,093 11,683,883
b 599,650     599,650
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       11,683,883
b       599,650
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 12,283,533
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))
2012 839,644 18,420,304 0.045583
2011 0 0 0.000000
2010      
2009      
2008      
2 Total of line 1, column (d) ...................... 2 0.045583
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 0.022792
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 26,688,944
5 Multiply line 4 by line 3....................... 5 608,294
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 127,164
7 Add lines 5 and 6......................... 7 735,458
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,679,395
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 (2013)
Form 990-PF (2013)
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 1 127,164
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 127,164
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 127,164
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 267,500
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.............. 7 267,500
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 10 140,336
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet140,336 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
     
    No
    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)
    bulletMD
    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 2013 or the taxable year beginning in 2013 (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.Click to see attachment
    10
    Yes
     
    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 ofbulletCLIFTONLARSONALLEN LLP Telephone no.bullet (410) 453-0900
    Located atbullet9515 DEERECO ROAD SUITE 500TIMONIUMMD ZIP+4bullet21093
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    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 (2013)
    Form 990-PF (2013)
    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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 2013 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 2013.)....................
    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 2013?
    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 (2013)
    Form 990-PF (2013)
    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
    ROBIN CATLIN DIRECTOR
    2.00     		0 0 0
    14114 MANTUA MILL ROAD
    GLYNDON,MD21071
    HOWARD P COLHOUN PRESIDENT
    10.00     		0 0 0
    14114 MANTUA MILL ROAD
    GLYNDON,MD21071
    ALEXANDER HP COLHOUN DIRECTOR
    2.00     		0 0 0
    14114 MANTUA MILL ROAD
    GLYNDON,MD21071
    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 0
    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.............bullet0
    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 (2013)
    Form 990-PF (2013)
    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.........................bullet0
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,334,447
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    127,164
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    127,164
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,207,283
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,207,283
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,207,283
    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
     
    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
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    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
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 1,207,283
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 71,809
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 1,679,395
    a Applied to 2012, but not more than line 2a 71,809
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 1,207,283
    e Remaining amount distributed out of corpus 400,303
    5 Excess distributions carryover applied to 2013. 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 5 400,303
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		400,303
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013.... 400,303
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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).)
    HOWARD P COLHOUN
    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 (2013)
    Form 990-PF (2013)
    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
    ACORD INC
    PO BOX 2203
    SOUTH HAMILTON,MA01982     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    ACUMEN FUND NYC
    76 NINTH AVENUE SUITE 315
    NEW YORK,NY10011     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 65,000
    AFRICAN WILDLIFE FOUNDATION
    1400 SIXTEENTH STREET NW SUITE 120
    WASHINGTON,DC20036     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,500
    AMERICAN MUSEUM OF FLY FISHING
    4070 MAIN ST BOX 42
    MANCHESTER,VT05254     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    AMERICAN RED CROSS OF THE CHESAPEAKE REGION
    4800 MOUNT HOPE DRIVE
    BALTIMORE,MD21215     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 3,000
    AMHERST COLLEGE
    OFFICE OF ALUMNI BOX 5000
    AMHERST,MA01002     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,000
    BEVERLY BOOTSTRAPS
    371 CABOT STREET
    BEVERLY,MA01915     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 40,000
    BOULDER HOMELESS SHELTER
    4869 N BROADWAY
    BOULDER,CO80304     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    BROOKWOOD SCHOOL
    ONE BROOKWOOD ROAD
    MANCHESTER,MA01944     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,000
    BRYN MAWR SCHOOL - FINANCIAL LITERACY
    109 MELROSE AVENUE
    BALTIMORE,MD21210     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    BRYN MAWR SCHOOL 2013 ANNUAL GIVING
    109 MELROSE AVENUE
    BALTIMORE,MD21210     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 20,000
    BRYN MAWR SCHOOL 2013 GRANT ENDOWMENT
    109 MELROSE AVENUE
    BALTIMORE,MD21210     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 30,000
    BUTLER FIRE DEPARTMENT
    15019 FALLS ROAD
    BUTLER,MD21023     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    CALVERT SCHOOL BALTIME MD
    105 TUSCANY ROAD
    BALTIMORE,MD21210     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 4,000
    CAMP PASQUANEY
    19 PASQUANEY LANE
    HEBRON,NH03241     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    CATALOG FOR PHILANTHROPY
    124 WATERTOWN ST SUITE3B
    WATERTOWN,MA02472     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    CHURCH OF THE REDEEMER
    22 OLD FARMS ROAD
    BOXFORD,MA01921     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 3,000
    COLORADO NATURE CONSERVANCY
    2424 SPRUCE STREET
    BOULDER,CO80302     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    COMMUNITY FOOD SHARE
    6363 HORIZON LANE
    LONGMONT,CO80503     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,250
    COMMUNITY FOUNDATION SERVING BOULDER COUNTY (CFSBC)
    1123 SPRUCE STREET
    BOULDER,CO80302     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,500
    COMMUNITY HEALTH CHARITIES OF MARYLAND
    1777 REISTERTOWN RD SUITE 354
    BALTIMORE,MD21208     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    CONWAY SCHOOL OF LANDSCAPE DESIGN
    332 SOUTH DEERFIELD ROAD
    CONWAY,MA01341     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 30,000
    DELRAY BEACH HISTORICAL SOCIETY
    3 NORTH EAST 1ST ST
    DELRAY BEACH,FL33444     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    DENTAL AID INC
    877 SOUTH BOULDER ROAD
    LOUISVILLE,CO80027     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    EARTHJUSTICE
    50 CALIFORNIA STREET SUITE 500
    SAN FRANCISCO,CA94111     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    EMERGENCY FAMILY ASSISTANCE ASSOCIATION
    1575 YARMOUTH AVE
    BOULDER,CO80304     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    ENOCH PRATT FREE LIBRARY
    400 CATHEDRAL ST
    BALTIMORE,MD21201     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    ESSEX COUNTY COMMUNITY FOUNDATION
    175 ANDOVER STREET
    DANVERS,MA01923     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,500
    FRIENDS SCHOOL - FIFTH GRADE LEGACY FUND
    5465 PENNSYLVANIA AVE BOULDER
    BOULDER,CO80303     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    FRIENDS SCHOOL INC
    5465 PENNSYLVANIA AVENUE
    BOULDER,CO80303     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    FULBRIGHT ASSOCIATION
    1320 19TH STREET SUITE 350
    WASHINGTON,DC20036     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    FUNDS FOR JOHNS HOPKINS MEDICINE
    100 N CHARLES ST
    BALTIMORE,MD21201     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 7,000
    GLEN URQUHART SCHOOL
    74 HART STREET
    BEVERLY,MA01915     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,000
    GLOBAL EDUCATION FUND
    PO BOX 548
    BOULDER,CO80306     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    GLOBAL GREENGRANTS FUND
    2840 WILDERNESS PLACE SUITE A
    BOULDER,CO80301     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    GLYNDON VOLUNTEER FIRE DEPARTMENT
    PO BOX 3671
    GLYNDON,MD21071     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    GREATER BALTIMORE MEDICAL CENTER
    6701 NORTH CHARLES ST
    BALTIMORE,MD21204     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    GROTON COMMUNITY SCHOOL
    110 BOSTON ROAD
    GROTON,MA01450     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 130,000
    HARVARD BUSINESS SCHOOL
    SOLDIERS FIELD
    BOSTON,MA02163     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 7,000
    HOSPITAL FOR SPECIAL SURGERY
    535 E 70TH ST
    NEWYORK,NY10021     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    HUNTINGTON COUNTY HISTORICAL SOCIETY
    BOX 305
    HUNTINGTON,PA16652     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,000
    INVEST IN GIRLS INC
    62 CHARLES RIVER STREET
    NEEDHAM,MA02492     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    IRVINE NATURE CENTER
    11201 GARRISON FOREST RD
    OWINGS MILLS,MD21117     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    KIEVE-WAVUS EDUCATION INC
    PO BOX 169
    NOBLEBORO,ME04555     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    LADEW TOPIARY GARDENS
    3535 JARRETTSVILLE PIKE
    MONKTON,MD21111     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    MAINE COAST HEALTHCARE FOUNDATION
    65 CHURCH STREET
    ELLSWORTH,MA04605     		NONE SO I FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    MARYLAND HISTORICAL SOCIETY
    201 WEST MONUMENT ST
    BALTIMORE,MD21201     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,000
    MOTHERS AGAINST DRUNK DRIVING MADD
    511 E JOHN CARPENTER FREEWAY SUITE
    700 IRVING
    IRVING,TX75062     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,000
    MPT FOUNDATION - 2013 ENDOWMENT
    11767 OWINGS MILLS BLVD OWINGS
    MILLS
    OWINGS MILLS,MD21117     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 15,000
    MPT FOUNDATION - FINANCIAL LITERACY PROGRAM
    11767 OWINGS MILLS BLVD OWINGS
    MILLS
    OWINGS MILLS,MD21117     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    MURIE CENTER
    1 MURIE RANCH ROAD BOX 399
    MOOSE,WY83012     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    NASHOBA BROOKS SCHOOL
    200 STRAWBERRY HILL ROAD
    CONCORD,MA01742     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    NATIONAL AQUARIUM IN BALTIMORE
    501 E PRATT ST
    BALTIMORE,MD21202     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 12,000
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN STREET
    LANDER,WY82520     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 61,000
    NEW HAMPSHIRE CHARITABLE FOUNDATION
    37 PLEASANT ST
    CONCORD,NH03301     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 140,000
    NEW PROFIT INC
    2 CANAL PARK
    CAMBRIDGE,MA02141     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 71,000
    NORTHEAST HEALTH SYSTEMS INC
    85 HERRICK ST
    BEVERLY,MA01915     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    NORTHERN FOREST CANOE TRAIL
    PO BOX 565
    WAITSFIELD,VT05673     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 8,000
    PARTNERS IN ISLAND EDUCATION
    PO BOX 664
    VINALHAVEN,ME04863     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    PEABODY ESSEX MUSEUM
    161 ESSEX STREET
    SALEM,MA01970     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    PLANNED PARENTHOOD OF MARYLAND
    330 N HOWARD ST
    BALTIMORE,MD21201     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 4,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    124 MT AUBURN ST
    CAMBRIDGE,MA02138     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    PRESIDENT AND FELLOWS OF MIDDLEBURY COLLEGE
    OLD CHAPEL ROAD
    MIDDLEBURY,VT05753     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 50,000
    PRINCETON THEOLOGICAL SEMINARY
    64 MERCER ST
    PRINCETON,NJ08450     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 3,000
    PRINCETON UNIVERSITY FOR HOWARD P COLHOUN '57 SCHOLARSHIP FUND
    BOX 46
    PRINCETON,NJ08543     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 15,000
    PUBLIC BROADCASTING OF COLORADO
    7409 SOUTH ALTON COURT
    CENTENNIAL,CO80112     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    ROCKY MOUNTAIN INSTITUTE
    2317 SNOWMASS CREEK RD
    SNOWMASS,CO81654     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,500
    SAFEHOUSE PROGRESSIVE ALLIANCE FOR NONVIOLENCE
    835NORTHSTREET
    BOULDER,CO80304     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    SCHOOL OF LEADERHIP - AFGHANISTAN INC
    30 LUZON AVENUE
    PROVIDENCE,RI02906     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 25,000
    SHELBURNE FARMS
    1611 HARBOR RD
    SHELBURNE,VT05482     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 25,000
    SHORE COUNTRY DAY SCHOOL - ANNUAL FUND
    545 CABOT STREET
    BEVERLY,MA01915     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 15,000
    SHORE COUNTRY DAY SCHOOL - CAPITAL CAMPAIGN
    545 CABOT STREET
    BEVERLY,MA01915     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 35,000
    SOCIAL VENTURE PARTNERS INTERNATIONAL
    1601 SECOND AVENUE SUITE 615
    SEATTLE,WA98101     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,750
    SOUTHERN HILLS MIDDLE SCHOOL PTO
    1500 KNOX DRIVE
    BOULDER,CO80305     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    ST ANNE'S IN THE FIELD EPISCOPAL CHURCH
    PO BOX 6
    LINCOLN,MA01773     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 3,000
    ST PAUL'S EPISCOPAL CHURCH OF DELRAY BEACH INC
    188 S SWINTON AVE E
    DELRAY BEACH,FL33444     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    ST THOMAS' CHURCH
    232 ST THOMAS LANE
    OWINGSMILLS,MD21117     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 6,000
    T ROWE PRICE CHARITABLE GIFT FUND ACCOUNT #1436
    PO BOX 17115
    BALTIMORE,MD21297     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    T ROWE PRICE CHARITABLE GIFT FUND ACCOUNT #3178
    PO BOX 17115
    BALTIMORE,MD21297     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 450,000
    TAKE2 CO KARIN MULLER
    10965 DEL NORTE ST 124
    VENURA,CA93004     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 25,000
    THE ANDIRONDACK COUNCIL
    103 HAND AVE SUITE 3
    ELIZABETHTOWN,NY12932     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 3,000
    THE BOYS & GIRLS CLUBS OF PALM BEACH COUNTY
    800 NORTHPOINT PARKWAY SUITE 204
    WEST PALM BEACH,FL33407     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 3,000
    THE BRIDGE HOUSE- FOR READY TO WORK PROGRAM TRAINING
    PO BOX 626
    BOULDER,CO80306     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    THE BRYN MAWR SCHOOL FOR GIRLS
    109 W MELROSE AVENUE
    BALTIMORE,MD21210     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 5,000
    THE FOOD PROJECT INC
    10 LEWIS STREET
    LINCOLN,MA01773     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,000
    THE FRENCHMAN BAY CONSERVANCY
    71 TIDAL FALLS ROAD PO BOX 150
    HANCOCK,ME046400150     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 2,500
    THE HAMILTON WENHAM FUND
    PO BOX 2433
    SOUTH HAMILTON,MA01982     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    THE HILL SCHOOL - FOR FINANCIAL LITERACY COURSE
    717 E HIGH ST
    POTTSTOWN,PA19464     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 20,000
    THE PRESIDENT & TRUSTEES OF COLBY COLLEGE
    4373 MAYFLOWER HILL
    WATERVILLE,ME04901     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 10,000
    THE TINY TIM CENTER INC
    611 KORTE PARKWAY
    LONGMONT,CO80501     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    THE WELLNESS INITIATIVE
    PO BOX D
    BOULDER,CO80306     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    TROUT UNLIMITED
    1300 N 17TH STREET SUITE 500
    ARLINGTON,VA222092404     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    TRUSTEES OF PHILLIPS ACADEMY
    180 MAIN STREET
    ANDOVER,MA01810     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 40,000
    UNIVERSITY OF MISSOURI JOURNALISM SCHOOL
    103 NEFF HALL
    COLUMBIA,MO65211     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 20,000
    VALLEY PLANNING COUNCIL
    118 W PENNSYLVANIA AVE BOX 5402
    TOWSON,MD21285     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 15,000
    VANDERBILT UNIVERSITY
    401 KIRKLAND HALL
    NASHVILLE,TN37240     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 25,000
    VANGUARD CHARITABLE TRUST- JIGSAW FUND
    PO BOX 55766
    BOSTON,MA022055766     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 13,000
    WELLSPRING HOUSE
    302 ESSEX AVE
    GLOUCESTER,MA01930     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    WENHAM HISTORICAL SOCIETY AND MUSEUM
    132 MAIN STREET
    WENHAM,MA01984     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 1,000
    WORLD LEARNING
    PO BOX 676 1 KIPLING ROAD
    BRATTLEBORO,VT05302     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 12,000
    WORLD WILDLIFE FUND
    1250 24TH STREET NW
    WASHINGTON,DC20037     		NONE PC FOR THE EXEMPT FUNCTION OF THE ORGANIZATION 500
    Total .................................bullet 3a 1,652,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    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....          
    3
    Interest on savings and temporary cash investments ............     		    14 198  
    4 Dividends and interest from securities....     14 434,358  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,725,546  
    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).. 0 2,160,102 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,160,102
    (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 (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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 (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    HOWARD P COLHOUN FAMILY FOUNDATION INC
     
    Employer identification number

    52-1853373
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    HOWARD P COLHOUN FAMILY FOUNDATION INC
          		Employer identification number

    52-1853373
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    HOWARD P COLHOUN  
    14114 MANTUA MILL ROAD
     
    GLYNDON, MD21071

    		$10,056,795


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    HOWARD P COLHOUN FAMILY FOUNDATION INC
          		Employer identification number

    52-1853373
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    HOWARD P COLHOUN FAMILY FOUNDATION INC
          		Employer identification number

    52-1853373
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    HOWARD P COLHOUN FAMILY FOUNDATION INC
    EIN: 52-1853373
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 18,654 0   18,654

    TY 2013 InvestmentsOtherSchedule2
    Name:
    HOWARD P COLHOUN FAMILY FOUNDATION INC
    EIN: 52-1853373
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WASATCH EMERGING MARKETS SMALL CAP, 86,044 SHARES FMV 231,601 231,601
    VANGUARD GROWTH INDEX FUND ADM FMV 1,435,014 1,435,014
    VANGUARD MID-CAP GR INX ADMIRAL FMV 578,988 578,988
    VANGUARD DIVIDEND GROWTH FUND FMV 2,367,322 2,367,322
    VANGUARD EMERGING MARKETS STOCK INDEX ADM FMV 615,723 615,723
    VANGUARD GLOBAL EQUITY FUND FMV 2,546,411 2,546,411
    VANGUARD PRIME MONEY MARKET FUND FMV 770,208 770,208
    VANGUARD TOTAL INTL STOCK MARKET INDEX ADM FMV 625,772 625,772
    VANGUARD TOTAL STOCK MARKET INDEX ADM FMV 1,136,775 1,136,775
    VANGUARD INDEX FUND ADM FMV 2,329,025 2,329,025
    HARBOR CAPITAL APPRECIATION FUND FMV 1,005,556 1,005,556
    HARBOR SMALL CAP GROWTH FUND FMV 922,497 922,497
    HARBOR SMALL CAP VALUE FUND FMV 489,461 489,461
    HARBOR INTERNATIONAL FUND FMV 1,495,485 1,495,485
    HARBOR GLOBAL GROWTH FUND FMV 849,420 849,420
    HARBOR MONEY MARKET FUND FMV 265 265
    T ROWE PRICE EMERGING EUROPE FMV 217,634 217,634
    T ROWE PRICE EMERGING MARKETS STOCK FMV 1,305,015 1,305,015
    T ROWE PRICE INTERNATIONAL DISCOVERY FMV 806,575 806,575
    T ROWE PRICE MID-CAP GROWTH FMV 1,563,062 1,563,062
    T ROWE PRICE NEW ASIA FMV 738,504 738,504
    T ROWE PRICE NEW ERA FMV 1,009,388 1,009,388
    T ROWE PRICE SMALL CAP VALUE FMV 852,980 852,980
    T ROWE PRICE VALUE FMV 316,694 316,694
    T ROWE PRICE SUMMIT CASH RESERVES FMV 851,762 851,762
    WASATCH INTERNATIONAL GROWTH FMV 636,243 636,243
    FIDELITY DFA EMERGING MARKETS SMALL CAP FMV 391,138 391,138
    FIDELITY DFA SELECTIVELY HEDGED CL EQ INSTL FMV 2,082,699 2,082,699
    FIDELITY DFA INT'L SMALL CAP VALUE FMV 1,276,361 1,276,361
    FIDELITY DFA US LARGE CAP VALUE PRTF INST FMV 3,109,239 3,109,239
    FIDELITY MUNICIPAL MONEY MARKET FMV 1,140 1,140
    DODGE AND COX INTERNATIONAL STOCK FUND FMV 1,170,548 1,170,548
    LAZARD EMERGING MARKETS EQ PTF INST FMV 488,766 488,766

    TY 2013 OtherAssetsSchedule
    Name:
    HOWARD P COLHOUN FAMILY FOUNDATION INC
    EIN: 52-1853373
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE FROM BALTIMORE COMMUNITY FOUNDATION 25 25 25


    TY 2013 OtherExpensesSchedule
    Name:
    HOWARD P COLHOUN FAMILY FOUNDATION INC
    EIN: 52-1853373
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 1,195 0   1,195
    BANK FEES 80 0   80
    MEALS & ENTERTAINMENT 439 0   439


    TY 2013 OtherIncreasesSchedule
    Name:
    HOWARD P COLHOUN FAMILY FOUNDATION INC
    EIN: 52-1853373
    Description Amount
    UNREALIZED GAINS 4,012,442


    TY 2013 SubstantialContributorsSch
    Name:
    HOWARD P COLHOUN FAMILY FOUNDATION INC
    EIN: 52-1853373
    Name Address
    HOWARD P COLHOUN 14114 MANTUA MILL ROAD
    GLYNDON,MD211364836


    TY 2013 TaxesSchedule
    Name:
    HOWARD P COLHOUN FAMILY FOUNDATION INC
    EIN: 52-1853373
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 270,921 0   0
    FOREIGN TAXES 1,682 1,682   0