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
EUGENE V AND CLARE E THAW CHARITABLE TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2422   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA FE, NM875042422
A Employer identification number

13-3081491
B Telephone number (see instructions)

(505) 982-7023
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$11,840,099J 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)  
2 Check bullet
3 Interest on savings and temporary cash investments 774 774  
4 Dividends and interest from securities...... 352,840 352,840  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 508,512
b Gross sales price for all assets on line 6a 6,701,038
7 Capital gain net income (from Part IV, line 2)... 508,512
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 412 412  
12 Total. Add lines 1 through 11........ 862,538 862,538  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 122,053 85,437   36,616
14 Other employee salaries and wages...... 18,962 18,962   0
15 Pension plans, employee benefits....... 11,740 8,687   3,052
16a Legal fees (attach schedule)......... Click to see attachment 5,724 4,866   859
b Accounting fees (attach schedule)....... Click to see attachment 37,263 31,673   5,589
c Other professional fees (attach schedule).... Click to see attachment 66,059 66,059   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 25,863 7,892   2,721
19 Depreciation (attach schedule) and depletion... 17,600 0  
20 Occupancy.............. 10,206 8,675   1,531
21 Travel, conferences, and meetings....... 47,538 40,407   7,131
22 Printing and publications.......... 159 135   24
23 Other expenses (attach schedule)....... Click to see attachment 34,286 28,855   5,430
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 397,453 301,648   62,953
25 Contributions, gifts, grants paid........ 2,412,900 2,412,900
26 Total expenses and disbursements. Add lines 24 and 25 2,810,353 301,648   2,475,853
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,947,815
b Net investment income (if negative, enter -0-) 560,890
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............... 218,129 31,008 31,008
2 Savings and temporary cash investments.......... 900,815 468,376 468,376
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........... 25,766    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 1,202,810 Click to see attachment4,254,656 4,254,656
c Investments—corporate bonds (attach schedule)........ 11,169,288 Click to see attachment6,594,060 6,594,060
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 348,649 Click to see attachment0 0
14 Land, buildings, and equipment: basis bullet829,472
Less: accumulated depreciation (attach schedule) bullet353,773 493,299 475,699 475,699
15 Other assets (describe bullet) Click to see attachment16,300 Click to see attachment16,300 Click to see attachment16,300
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,375,056 11,840,099 11,840,099
Liabilities 17 Accounts payable and accrued expenses.......... 1,074 1,662
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) Click to see attachment660,933 Click to see attachment528,746
23 Total liabilities (add lines 17 through 22).......... 662,007 530,408
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 13,713,049 11,309,691
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).................... 13,713,049 11,309,691
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 14,375,056 11,840,099
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 13,713,049
2 Enter amount from Part I, line 27a..................... 2 -1,947,815
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 11,765,234
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 455,543
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 11,309,691
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 202.908 SHRS THORNBURG INT'L VALUE CL I P 2012-06-05 2013-06-04
b 1266.69 SHRS THORNBURG INT'L VALUE CL I P 2012-03-26 2013-06-04
c 12211.659 SHRS THORNBURG INT'L VALUE CL I P 2012-03-26 2013-06-04
d CHARLES SCHWAB ACCT #0894 SALES -WESTFIELD MGMT STMTS AVAILABLE UPON REQUEST P 2001-01-01 2013-12-31
e CHARLES SCHWAB ACCT #2980 SALES - MONTHLY SALES STMTS AVAILABLE UPON REQUEST P 2001-01-01 2013-12-31
69080.235 SHRS EQUINOX COMMODITY P 2012-03-29 2013-02-08
432.695 MFS EMERGING MKTS DEBT FD P 2012-03-29 2013-10-08
40339.851 SHRS EQUINOX COMMODITY P 2012-02-01 2013-02-08
36188.437 SHRS FIDELITY FLOATING RATE HI FD P 2011-12-29 2013-09-12
46475.367 SHRS LEGG MASON BW GLOBAL OPP FD P 2011-12-29 2013-09-12
66120.258 SHRS MFS EMERGINING MKTS DEBT FD P 2012-03-29 2013-10-08
34523.006 SHRS PIMCO CREDIT ABSOLUTE RET FD P 2011-12-29 2013-09-12
80772.744 SHRS PIMCO TOTAL RETURN FD P 2011-12-29 2013-08-28
CAPITAL GAINS DIVIDENDS P    
(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 5,987   5,321 666
b 1,267   1,126 141
c 360,366   397,901 -37,535
d 1,234,943   938,497 296,446
e 838,362   640,308 198,054
684,538   706,074 -21,536
6,360   7,070 -710
399,740   421,933 -22,193
360,000   348,868 11,132
500,000   502,876 -2,876
963,080   1,003,092 -40,012
360,000   343,862 16,138
860,000   875,598 -15,598
126,395     126,395
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       666
b       141
c       -37,535
d       296,446
e       198,054
      -21,536
      -710
      -22,193
      11,132
      -2,876
      -40,012
      16,138
      -15,598
      126,395
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 2 508,512
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 13,264,329 21,310,787 0.622423
2011 4,023,303 27,597,260 0.145786
2010 4,276,242 28,222,093 0.151521
2009 3,338,838 32,444,227 0.102910
2008 4,609,270 38,749,650 0.118950
2 Total of line 1, column (d) ...................... 2 1.141590
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 0.228318
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 12,570,325
5 Multiply line 4 by line 3....................... 5 2,870,031
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,609
7 Add lines 5 and 6......................... 7 2,875,640
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,475,853
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 11,218
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 11,218
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 11,218
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 10,643
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 10,643
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 575
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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
    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)
    bulletNM
    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.
    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 ofbulletRICCI COMPANY LLC Telephone no.bullet (505) 338-0800
    Located atbullet6200 UPTOWN BLVD NE SUITE 400ALBUQUERQUENM ZIP+4bullet87110
    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
    EUGENE VICTOR THAW PRESIDENT
    10.00     		0 0 0
    PO BOX 2422
    SANTA FE,NM87501
    CLARE E THAW DIRECTOR
    1.00     		0 0 0
    PO BOX 2422
    SANTA FE,NM87501
    PATRICIA TANG DIRECTOR
    1.00     		0 0 0
    PO BOX 2422
    SANTA FE,NM87501
    KATHLEEN FLANAGAN VICE PRESIDENT/EXEC DIRECTOR
    40.00     		0 0 0
    PO BOX 2422
    SANTA FE,NM87501
    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
    KATHLEEN FLANAGAN EXECUTIVE DIRECTOR
    40.00     		122,053 11,740 0
    PO BOX 2422
    SANTA FE,NM87501
    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
    628,516
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    11,218
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,218
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    617,298
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    617,298
    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
    617,298
    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 7 617,298
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 2,178,715
    b From 2009....... 1,719,982
    c From 2010....... 2,877,293
    d From 2011....... 2,657,436
    e From 2012....... 12,204,994
    fTotal of lines 3a through e......... 21,638,420
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 2,475,853
    a Applied to 2012, but not more than line 2a 0
    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..... 617,298
    e Remaining amount distributed out of corpus 1,858,555
    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 23,496,975
    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) ...     		2,178,715
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		21,318,260
    10 Analysis of line 9:
    a Excess from 2009.... 1,719,982
    b Excess from 2010.... 2,877,293
    c Excess from 2011.... 2,657,436
    d Excess from 2012.... 12,204,994
    e Excess from 2013.... 1,858,555
    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).)
    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
    SANTA FE ANIMAL SHELTER
    100 CAJA DEL RIO RD
    SANTA FE,NM87507     		INDEPENDENT EXEMPT TO PROVIDE FUNDS FOR THE CONSTRUCTION OF THE CLARE EDDY THAW ANIMAL HOSPITAL. 750,000
    FOUNDATION TO PROTECT NM WILDLIFE
    128 GRANT AVE STE 301
    SANTA FE,NM87501     		INDEPENDENT EXEMPT TO SUPPORT THE PRESERVATION OF WILDLIFE IN NEW MEXICO. 25,000
    SANTA FE INSTITUTE (SFI)
    1399 HYDE PARK RD
    SANTA FE,NM87501     		INDEPENDENT EXEMPT TO SUPPORT RESEARCH AND EDUCATIONAL PROGRAMS IN TESUQUE, NM. 100,000
    FRIENDS OF GANONDAGAN
    61 W MAIN ST
    VICTOR,NY14564     		INDEPENDENT EXEMPT TO PROVIDE FUNDS FOR THE SENECA ART AND CULTURE CENTER AT GANONDAGAN ENDOWMENT FUND AND CONSTRUCTION. 800,000
    FREERSACKLER GALLERY - SMITHSONIAN ASIAN ART MUSEUM
    1050 INDEPENDENCE AVE SW
    WASHINGTON,DC20013     		INDEPENDENT EXEMPT TO PROVIDE FUNDS TOWARDS THE UPKEEP AND MAINTENANCE OF THE ASIAN ART MUSEUM. 10,000
    NM SCHOOL FOR THE ARTS ART INSTITUTE
    275 E ALAMEDA ST
    SANTA FE,NM87501     		INDEPENDENT EXEMPT TO PROVIDE FUNDS FOR THE GENERAL SUPPORT OF THE ART INSTITUTE AND ITS EDUCATIONAL MISSION. 200,000
    NEW YORK STATE HISTORICAL ASSOCIATION
    5798 STATE ROUTE 80
    COOPERSTOWN,NY13326     		INDEPENDENT EXEMPT TO SUPPORT THE "9TH CONTEMPORARY IROQUOIS ART" AND "NATIVE AMERICAN SPLINT BASKETS" EXHIBITS. 12,900
    MORGAN LIBRARY & MUSEUM (FORMERLY PIERPONT MORGAN LIBRARY)
    225 MADISEN AVE
    NEW YORK,NY10016     		INDEPENDENT EXEMPT TO PROVIDE FUNDS FOR THE MUSEUM'S "OLD MASTERS, NEWLY ACQUIRED" EXHIBITION. 15,000
    STONY BROOK FOUNDATION INC
    230 ADMINISTRATION - STONY BROOK
    UNIVERSITY
    STONY BROOK,NY11794     		INDEPENDENT EXEMPT TO SUPPORT THE FOUNDATION'S ENDOWMENT FUND FOR THE POLLOCK-KRASNER HOUSE STUDY CENTER. 500,000
    Total .................................bullet 3a 2,412,900
    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 ............     		    14 774  
    4 Dividends and interest from securities....     14 352,840  
    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.....     14 412  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 508,512  
    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).. 0 862,538 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13862,538
    (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

    TY 2013 AccountingFeesSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 37,263 31,673   5,589

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PIMCO (ALL ASSET ALL AUTH)#4246 2,011,475 2,011,475
    EQUINOX COMMODITY STRAT #4246 0 0
    FIDELITY FLOATING RATE HIGH INC 1,026,248 1,026,248
    BRANDYWINE GLOBAL BOND FUND 1,442,806 1,442,806
    PIMCO CREDIT ABSOLUTE RETURN 1,046,460 1,046,460
    PIMCO TOTAL RETURN FUND 1,067,071 1,067,071
    MFS EMERGING MAKTS DEBT FUND 0 0

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Name of Stock End of Year Book Value End of Year Fair Market Value
    C SCHWAB WESTFIELD CAPITAL 0 0
    C SCHWAB ADVISORY 2980 0 0
    WENTWORTH HAUSER C SCHWAB 0 0
    FAM VALUE FUND 2,158,869 2,158,869
    IVY ASSET STRATEGY FUND 645,023 645,023
    MAINGATE MLP FUND 623,863 623,863
    TOUCHSTONE GROWTH OPPTY 826,901 826,901

    TY 2013 InvestmentsOtherSchedule2
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    THORNBURG FMV 0 0

    TY 2013 LegalFeesSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 5,724 4,866   859


    TY 2013 OtherAssetsSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK INVENTORY 16,300 16,300 16,300


    TY 2013 OtherDecreasesSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Description Amount
    CHANGE IN UNREALIZED GAINS & LOSSES 455,543


    TY 2013 OtherExpensesSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 24,142 20,521   3,621
    MISCELLANEOUS 339 0   339
    OFFICE SUPPLIES 6,369 5,414   955
    POSTAGE 2,895 2,460   434
    REPAIRS 541 460   81


    TY 2013 OtherIncomeSchedule2
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 412 412 412


    TY 2013 OtherLiabilitiesSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED COMPENSATION PAYABLE 660,933 528,746


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 66,059 66,059   0


    TY 2013 TaxesSchedule
    Name:
    EUGENE V AND CLARE E THAW CHARITABLE TRUST
    EIN: 13-3081491
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 146 146   0
    PAYROLL TAXES 10,467 7,746   2,721
    EXCISE TAXES 15,250 0   0