TY 2013 Form 990PF

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
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............		8,778	43,775	43,775
	2	Savings and temporary cash investments..........		5,901	7,731	7,731
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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)........		610,412	624,369	738,903
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		625,091	675,875	790,409
		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 )
23		Total liabilities (add lines 17 through 22)..........		0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........		203,400	203,400
	28	Paid-in or capital surplus, or land, bldg., and equipment fund		0	0
	29	Retained earnings, accumulated income, endowment, or other funds		421,691	472,475
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................		625,091	675,875
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		625,091	675,875

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	625,091
2	Enter amount from Part I, line 27a.....................	2	5,848
3	Other increases not included in line 2 (itemize)	3	45,392
4	Add lines 1, 2, and 3..........................	4	676,331
5	Decreases not included in line 2 (itemize)	5	456
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	675,875

(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	AT&T
b	APPLE INC		2013-06-03	2013-06-04
c	ARMOUR RESIDENTIAL		2012-08-13	2013-05-21
d	EXELON CORP		2013-02-20
e	JP MORGAN EXCH TRADED MLP
	LINN ENERGY			2013-05-06
	NY MTG TRUST REIT		2013-01-03	2013-09-23
	NEW CASTLE INVESTMENT CP REIT		2013-09-25	2013-10-11
	WILLIAMS PARTNERS LP		2013-07-29
	LINN ENERGY			2013-05-06
	NY MTG TRUST REIT		2012-08-30
	VORNADO RLTY 6.75%		2008-09-10	2013-02-19
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price	(f) Depreciation allowed (or allowable)	(h) Gain or (loss) (e) plus (f) minus (g)
a	34,273	35,310	-1,037
b	45,212	44,346	866
c	23,115	29,845	-6,730
d	30,213	30,316	-103
e	57,581	57,252	329
	35,269	38,361	-3,092
	2,160	2,147	13
	14,391	14,079	312
	29,995	30,363	-368
	88,172	86,967	1,205
	18,903	19,123	-220
	25,000	21,163	3,837
	569		569

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-4,419
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 . . . . . . . . . . . . . . . .	3

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
2012	52,275	699,787	0.074701
2011	41,410	707,219	0.058553
2010	41,162	616,801	0.066735
2009	44,725	443,415	0.100865
2008	58,979	702,947	0.083902

2	Total of line 1, column (d) ......................	2	0.384756
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	0.076951
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	738,501
5	Multiply line 4 by line 3.......................	5	56,828
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	446
7	Add lines 5 and 6.........................	7	57,274
8	Enter qualifying distributions from Part XII, line 4..............	8	34,285
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.

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	891
	hereand 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	891
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	891
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............	7	0
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.	8	11
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9	902
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax	Refunded	11

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
CHARLES B ISRAEL	DIRECTOR 2.00	0	0	0
PO BOX 505 WOODY CREEK,CO81656

		(a) Corpus	(b) Years prior to 2012	(c) 2012	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7					36,034
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.......	25,310
b From 2009.......	23,476
c From 2010.......	11,214
d From 2011.......	6,984
e From 2012.......	18,178
fTotal of lines 3a through e.........		85,162
4Qualifying distributions for 2013 from Part
XII, line 4: $ 34,285
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.....					34,285
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2013.		1,749			1,749
(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		83,413
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) ...		23,561
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......		59,852
10 Analysis of line 9:
a Excess from 2009....	23,476
b Excess from 2010....	11,214
c Excess from 2011....	6,984
d Excess from 2012....	18,178
e Excess from 2013....

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
A WAY OUT PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
ACKERMAN INSTITUTE OF FAMILY HEALTH PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
AMERICAN CANCER SOCIETY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	RESEARCH	200
AMERICAN DIABETES ASSOCIATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
AMERICAN HEART ASSOCIATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	RESEARCH	125
AMERICAN JEWISH COMMITTEE PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	300
AMERICAN RED CROSS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
AMERICAN UNITED PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
ASPEN BUDDY PROGRAM PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
ASPEN CAMP SCHOOL FOR THE DEAF PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
ASPEN COMMUNITY FOUNDATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
ASPEN COMMUNITY THEATRE PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
ASPEN HISTORICAL SOCIETY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
ASPEN JEWISH CONGREGATION ASPEN CO PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	RELIGIOUS	1,000
ASPEN MUSIC FESTIVAL AND SCHOOL PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	750
ASPEN VALLEY MEDICAL FOUNDATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	RESEARCH	200
ASSOCIATION FOR RETARDED CHILDREN PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	EDUCATIONAL	200
BANCROFT SCHOOL PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	250
BRADY CAMPAIGN TO PREVENT HANDGUN VIOLENCE PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
BUFFALO BILL HISTORICAL CENTER PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
CARAMOOR CENTER FOR MUSIC PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	1,200
CAREER BRIDGES PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
CENTRAL PARK CONSERVANCY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
CHRIST EPISCOPAL CHURCH PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	EDUCATIONAL	150
CITY YEW PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	500
COLUMBIA GRAMMAR & PREP SCHOOL PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	EDUCATIONAL	250
COMPASSION AND CHOICES PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
COUNCIL PASTEUR WEIZMANN PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	2,000
DISABLED AMERICAN VETERANS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
DUCKS UNLIMITED PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	250
ELIE WIESEL FOUNDATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
FRIENDS OF LINCOLN CENTER PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
FRIENDS OF THE 92ST Y PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
GARMENT CTR CONGREGATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	RELIGIOUS	150
GINOFFE HOUSING PROJECT PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
GUGGENHEIM MUSEUM PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	EDUCATIONAL	125
HABITAT FOR HUMANITY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
HENRY STREET SETTLEMENT PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	500
HOSPICE OF THE VALLEY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
INTERNATIONAL CENTER OF PHOTOGRAPHY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
INTERNATIONAL FELLOWSHIP OF JEWS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
JEWISH BRAILLE INSTITUTE INTL PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	EDUCATIONAL	200
JEWISH HOME AND HOSPITAL FOUNDATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	250
JEWISH MUSEUM PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	180
LAWYERS FOR CHILDREN PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
LUCKY DAY ANIMAL RESCUE PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
MEMORIAL SLOAN KITTING CANCER CENTER PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
MENTAL HEALTH ASSOCIATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
METROPOLITAN MUSEUM OF ART PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	250
METROPOLITAN OPERA FUND PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	250
MONTEFIORE MEDICAL CENTER PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
MUSEUM OF ART AND DESIGN PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
MUSEUM OF MODERN ART PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	360
NAACP PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
NATIONAL AUDUBON SOCIETY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
NATIONAL JEWISH HEALTH PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	RESEARCH	125
NATIONAL PARKS CONSERVATION FUND PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	50
NATIONAL RESOURCE COUNCIL PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
NATIONAL WILDLIFE FOUNDATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	15
NAVY LEAGUE OF THE US PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	50
NEW YORK CITY AUDUBON SOCIETY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	50
ONE HEARTLAND PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	250
OTHER DONATIONS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	1,600
PAM'S PALS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
PARTNERSHIP FOR CHILDRENS RIGHTS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
PEOPLE FOR THE AMERICAN WAY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	300
PFLAG PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
PLANNED PARENTHOOD FEDERATION OF AMERICA PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
ROARING FORK CONSERVANCY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
ROCKY MOUNTAIN PBS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	300
SANTA FE COMM FOUNDATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	320
SIERRA CLUB FOUNDATION - ATLANTIC CHAPTER PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	1,019
SOUTHERN POVERTY LAW CENTER PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
SPECIAL OLYMPICS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
ST JOSEPH'S INDIAN SCHOOL PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	160
STUDENT ADVOCACY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
SUSAN G KOMEN FOUNDATIONS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
SYRACUSE UNIVERSITY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
THE ABRAHAM FUND PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
THE NATURE CONSERVANCY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
THE PEARL THEATRE PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	500
THE SALVATION ARMY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
THE WILDERNESS SOCIETY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
THEATRE ASPEN PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
TROUT UNLIMITED PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
UNITED JEWISH APPEAL PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	10,000
WARC-NORTHERN WESTCHESTER LEAGUE PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	150
WESTCHESTER ARC PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
WESTCHESTER COMMUNITY COLLEGE FOUNDATION PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	EDUCATION	300
WHITNEY MUSEUM PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	125
WILDLIFE CONSERVATION SOCIETY PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	200
WISE PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	250
WORLD JEWISH CONGRESS PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	300
WORLD WILDLIFE FUND PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	CHARITABLE	100
YALE ALUMNI FUND PO BOX 505 WOODY CREEK,CO81656	NONE	EXEMPT ORGANIZATION	EDUCATIONAL	300
YONKERS LEAGUE OF WESTCHESTER PO BOX 505 WOODY CREEK,CO81656	NONE		CHARITABLE	100
Total ................................. 3a				33,254

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	12,032		12,032
4	Dividends and interest from securities......	33,786		33,786
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-4,419
b	Gross sales price for all assets on line 6a 404,853
7	Capital gain net income (from Part IV, line 2)...			0
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........	41,399		45,818
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).........		235	235	0
b	Accounting fees (attach schedule).......		1,950	975	975
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		112	56	56
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,297		1,266	1,031
25	Contributions, gifts, grants paid........	33,254			33,254
26	Total expenses and disbursements. Add lines 24 and 25	35,551		1,266	34,285
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	5,848
b	Net investment income (if negative, enter -0-)			44,552
c	Adjusted net income (if negative, enter -0-)...

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...................				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

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	(e) Total

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

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	(e) Related or exempt function income (See instructions.)
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	12,032
4 Dividends and interest from securities....			14	33,786
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	-4,419
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		41,399	0

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-1,037
b			866
c			-6,730
d			-103
e			329
			-3,092
			13
			312
			-368
			1,205
			-220
			3,837
			569

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	52,275	699,787	0.074701
2011	41,410	707,219	0.058553
2010	41,162	616,801	0.066735
2009	44,725	443,415	0.100865
2008	58,979	702,947	0.083902

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
CHARLES B ISRAEL	DIRECTOR 2.00	0	0	0
PO BOX 505 WOODY CREEK,CO81656	DIRECTOR 2.00	0	0	0

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

bApproved for future payment

Total ................................. 3b				0

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AEGON	125,000	126,850
ARES CAPITAL	171,222	159,740
NORTHSTAR REALTY	63,193	198,388
VORNADO REALTY	61,199	57,375
AT&T INC.	33,866	35,160
LINN ENERGY LLC	0	0
ARMOUR RESIDENTIAL REIT	0	0
NEW YORK MTG TRUST	0	0
ALPS TRUST	35,825	35,580
ALI BERNSTEIN GLOBAL	33,909	28,560
YORKVILLE HI INCOME	47,622	46,100
JPM EXCH TRADED NT	47,646	46,350
IKANOS COMMUNICATIOINS	4,887	4,800

Description	Amount
PUBLIC PARTNERSHIP ACTIVITY	40,975
NONDIVIDEND DISTRIBUTIONS	4,415
ROUNDING	2

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

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