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
ROWAN T O'RILEY FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)4 BERKSHIRE ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WELLESLEY, MA02481
A Employer identification number

26-3505617
B Telephone number (see instructions)

(781) 848-1163
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$3,250,712J 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      
4 Dividends and interest from securities...... 95,634 95,634  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 29,506
b Gross sales price for all assets on line 6a 687,573
7 Capital gain net income (from Part IV, line 2)... 29,506
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 80 80  
12 Total. Add lines 1 through 11........ 125,220 125,220  
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).......        
c Other professional fees (attach schedule).... Click to see attachment 23,733 23,733   0
17 Interest............... 696 696   0
18 Taxes (attach schedule) (see instructions) Click to see attachment 36,652 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 48 13   35
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 61,129 24,442   35
25 Contributions, gifts, grants paid........ 114,005 114,005
26 Total expenses and disbursements. Add lines 24 and 25 175,134 24,442   114,040
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -49,914
b Net investment income (if negative, enter -0-) 100,778
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 Savings and temporary cash investments.......... 172,827 33,337 33,337
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) 240,244 Click to see attachment261,657 260,988
b Investments—corporate stock (attach schedule)........ 1,319,585 Click to see attachment1,441,395 1,923,559
c Investments—corporate bonds (attach schedule)........ 772,976 Click to see attachment810,946 830,783
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 230,378 Click to see attachment138,761 202,045
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,736,010 2,686,096 3,250,712
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....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 2,736,010 2,686,096
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,736,010 2,686,096
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,736,010 2,686,096
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 2,736,010
2 Enter amount from Part I, line 27a..................... 2 -49,914
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 2,686,096
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 2,686,096
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 P    
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 682,487   658,067 24,420
b 5,086     5,086
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       24,420
b       5,086
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 29,506
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 79,500 2,837,609 0.028017
2011 15,250 1,606,702 0.009491
2010 25,035 660,263 0.037917
2009 30,000 513,374 0.058437
2008 75,018 889,649 0.084323
2 Total of line 1, column (d) ...................... 2 0.218185
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 0.043637
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 3,092,956
5 Multiply line 4 by line 3....................... 5 134,967
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,008
7 Add lines 5 and 6......................... 7 135,975
8 Enter qualifying distributions from Part XII, line 4.............. 8 114,040
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 2,016
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 2,016
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 2,016
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 26,960
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 26,960
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 24,944
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet24,944 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
    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)
    bulletMA
    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 ofbulletMARY GILLIGAN Telephone no.bullet (781) 848-1163
    Located atbullet30 BRAINTREE HILL OFFICE PK 104BRAINTREEMA ZIP+4bullet02184
    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
    ROWAN T O'RILEY TRUSTEE
    1.00     		0 0 0
    4 BERKSHIRE ROAD
    WELLESLEY,MA02481
    GERTRUDE KAISER TRUSTEE
    1.00     		0 0 0
    4 BERKSHIRE ROAD
    WELLESLEY,MA02481
    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
    154,648
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    2,016
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,016
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    152,632
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    152,632
    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
    152,632
    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 7 152,632
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 113,715
    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$ 114,040
    a Applied to 2012, but not more than line 2a 113,715
    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..... 325
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		152,307
    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 ......     		0
    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....  
    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).)
    ROWAN T O'RILEY
    GERTRUDE KAISER
    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
    BOSTON CHILDREN'S HOSPITAL
    300 LONGWOOD AVENUE
    BOSTON,MA02115     		N/A N/A SUPPORT 5,000
    BOSTON UNIVERSITY WBUR
    890 COMMONWEALTH AVE
    BOSTON,MA02215     		N/A N/A SUPPORT 7,500
    CONNECT AFRICA
    222 PLEASANT STREET
    NEWTON CENTER,MA02459     		N/A N/A SUPPORT 3,500
    GREATER BOSTON FOOD BANK
    70 S BAY AVENUE
    BOSTON,MA02118     		N/A N/A SUPPORT 5,000
    IMPACT SERVICES INC
    1001 MILITARY STREET
    PORT HURON,MI48060     		N/A N/A SUPPORT 3,000
    MCLEAN HOSPITAL
    115 MILL STREET
    BELMONT,MA02478     		N/A N/A SUPPORT 2,500
    MSPCA
    350 S HUNTINGTON AVENUE
    BOSTON,MA02130     		N/A N/A SUPPORT 2,000
    NEWTON WELLESLEY HOSPITAL
    2014 WASHINGTON ST
    NEWTON,MA02462     		N/A N/A SUPPORT 7,500
    PARTNERS IN HEALTH
    888 COMMONWEALTH AVE
    BOSTON,MA02215     		N/A N/A SUPPORT 15,000
    PINE STREET INN
    444 HARRISON AVENUE
    BOSTON,MA02118     		N/A N/A SUPPORT 3,500
    POLARIS PROJECT
    PO BOX 53315
    WASHINGTON DC,DC20009     		N/A N/A SUPPORT 5,000
    SUMMER ARTS AT THE CAMBRIDGE SCHOOL OF WESTON
    45 GEORGIAN ROAD
    WESTON,MA02493     		N/A N/A SUPPORT 6,000
    UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		N/A N/A SUPPORT 15,000
    WELLESLEY COLLEGE
    106 CENTRAL STREET
    WELLESLEY,MA02481     		N/A N/A SUPPORT 5,000
    WELLESLEY FRIENDLY AID ASSOCIATES
    219 WASHINGTON STREET
    WELLESLEY,MA02481     		N/A N/A SUPPORT 1,000
    WOMEN'S BAR FOUNDATION
    27 SCHOOL STREET STE 500
    BOSTON,MA02108     		N/A N/A SUPPORT 5,000
    NEW ENGLAND DRESSAGE ASSOCIATION
    64 PEARL STREET
    CHARLESTOWN,MA02129     		N/A N/A SUPPORT 4,335
    UNITED STATES DRESSAGE FEDERATION
    4501 IRON WORKS PARKWAY
    LEXINGTON,KY40511     		N/A N/A SUPPORT 5,835
    STOP HANDGUN VIOLENCE
    1 BRIDGE STREET
    NEWTON,MA02458     		N/A N/A SUPPORT 2,500
    HAMPSHIRE COLLEGE
    893 WEST STREET
    AMHERST,MA01002     		N/A N/A SUPPORT 2,500
    JOHN AUSTIN CHELEY FOUNDATION
    549 MILWAUKEE STREET
    DENVER,CO80206     		N/A N/A SUPPORT 3,000
    TREMENDOUS HEARTS
    1337 MASSACHUSETTS AVENUE 174
    ARLINGTON,MA02476     		N/A N/A SUPPORT 1,000
    UNITED STATES EQUESTRIAN TEAM FOUNDATION
    1040 POTTERSVILLE ROAD
    GLADSTONE,NJ07934     		N/A N/A SUPPORT 3,335
    Total .................................bullet 3a 114,005
    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 ............     		         
    4 Dividends and interest from securities....     14 95,634  
    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 80  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 29,506  
    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).. 0 125,220 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13125,220
    (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 InvestmentsCorpBondsSchedule
    Name:
    ROWAN T O'RILEY FAMILY FOUNDATION
    EIN: 26-3505617
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CONSOL ENERGY 10,436 10,550
    DOMTAR CORP 17,859 18,856
    BANK OF AMERICA CORP 11,120 11,206
    COMSTOCK RES INC 11,087 11,206
    WINDSTREAM CORP 10,423 11,450
    JP MORGAN CHASE 16,945 16,604
    AMERICAN TOWER CORP 24,321 24,074
    AUTONATION INC 10,583 11,600
    AMKOR TECHNOLOGIES 10,163 10,538
    BE AEROSPACE INC 10,140 10,156
    CRH AMERICA INC 5,077 5,510
    VALERO ENERGY CORP 12,528 12,947
    CITIZENS COMMS 10,182 10,800
    SCIENTIFIC GAMES 10,530 10,744
    LEAR CORP 13,818 14,365
    DIRECTV HOLDINGS LLC 10,516 10,927
    AES 11,082 11,706
    GOODYEAR TIRE 10,632 11,213
    ENERGY TRANSFER 11,028 11,213
    METROPCS WIRELESS 9,525 10,613
    HANESBRANDS INC 10,408 10,938
    CRH AMERICA INC 5,715 6,142
    CHESAPEAKE ENERGY CO 10,070 10,700
    IRON MOUNTAIN INC 5,222 5,406
    GEORGIA PAC CORP 11,726 12,858
    LIBERTY INTERACTIVE LLC 9,700 10,600
    FORD MOTOR CO 11,215 12,325
    GOLDMAN SACHS 20,989 22,524
    COMCAST 12,346 12,288
    EL PASO CORP MTN 11,678 10,186
    ARCELORMITTAL 17,214 19,041
    TECK COMINCO LTD 15,963 14,545
    TEEKAY CORP 10,052 10,850
    WEATHERFORD INTL LTD 18,488 19,281
    SPRINT CAPITAL CORP 10,227 10,963
    CALUMET SPECIALTY 10,667 11,113
    CITIGROUP INC 19,385 19,263
    ATWOOD OCEANICS INC 10,200 10,713
    TEREX CORP 10,298 10,744
    INTL LEASE FIN CORP 11,727 11,725
    L-3 COMMUNICATIONS CORP 10,672 10,474
    HUNTSMAN INTL LLC 10,967 11,306
    MORGAN STANLEY 9,625 11,173
    PLAINS EXPLORATION 10,543 11,049
    LEVI STRAUSS & CO 10,423 11,000
    AMERICAN AXLE & MFG 9,876 10,619
    GENERAL MOTORS FINL CO 11,440 11,413
    UNITED CONTINENTAL HLDGS 10,335 10,531
    PEABODY ENERGY CORP 10,366 10,700
    CHRYSLER 15,828 16,631
    OFFSHORE GROUP INVST LTD 10,625 10,881
    CLOUD PEAK ENERGY RES/FIN 10,730 10,875
    ALLY FINANCIAL 11,512 11,988
    HORNBECK OFFSHORE 10,470 10,350
    CF INDUSTRIES INC 12,280 11,764
    RYLAND GROUP 10,535 10,631
    REYNOLDS GRP ISS/REYNOLD 10,513 10,200
    HERTZ GROUP 10,930 10,988
    US MERGER SUB CORP 11,132 11,281
    GAP INC 11,180 11,078
    ADT CORP 12,525 13,069
    CONTINENTAL RESOURCES 10,188 10,388
    VERIZON COMMUNICATIONS 10,885 10,743
    MOSAIC CO 10,042 9,943
    REGAL ENTERTAINMENT 9,788 9,500
    WEYERHAEUSER CO 12,311 12,357
    CENTURYLINK INC 9,682 8,897
    WELLS FARGO & CO 17,020 16,786
    PNC FINANCIAL SERVICES 17,238 15,685

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    ROWAN T O'RILEY FAMILY FOUNDATION
    EIN: 26-3505617
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMN ELEC POWER CO 9,331 12,713
    ENTERTAINMENT PPTYS TR REIT 13,777 18,288
    ENTERTAINMENT PPTYS TR REIT 2,312 2,704
    GENUINE PARTS CO 428 998
    GENUINE PARTS CO 8,309 17,470
    VENTAS INC REIT 7,595 16,325
    VODAFONE GROP PLC SP 7,776 16,903
    WESTPAC BANKING ADR 11,174 18,156
    KAYNE ANDERSON MLP 24,400 30,485
    BCE INC 12,444 15,152
    DIGITAL RLTY TR 13,993 13,017
    PHILIP MORRIS INTL 12,424 17,862
    PFIZER INC 10,905 19,297
    STARWOOD PPTY TR 7,783 11,080
    STARWOOD PPTY TR 2,509 3,379
    STARWOOD PPTY TR 1,731 2,299
    SEADRILL LTD 11,679 14,583
    ALLIANT ENERGY 9,871 11,352
    BANK OF NOVA SCOTIA 10,383 10,634
    CONOCOPHILLIPS 9,298 10,244
    KIMBERLY CLARK 9,066 12,535
    TEEKAY OFFSHORE PARTNERS 9,896 10,920
    CMS ENERGY CORP 14,004 16,597
    GOLAR LNG LIMITED 12,548 11,613
    LOCKHEED MARTIN CORP 8,274 14,866
    LOCKHEED MARTIN CORP 5,344 9,663
    LORILLARD INC 14,082 15,964
    LORILLARD INC 1,848 2,281
    MEREDITH CORP 13,815 23,051
    PHILLIPS 66 1,435 3,239
    PEPSICO 14,033 17,417
    MONDELEZ INTL 31,392 41,478
    COCA COLA CO 44,027 48,539
    PEPSI CO 35,179 41,470
    LOEWS CORP 35,235 41,004
    UNITEDHEALTH GROUP INC 39,994 54,593
    WAL-MART STORES INC 41,928 45,247
    FIDELITY NATL INFORMATION SVCS INC 20,284 33,550
    GOOGLE INC 30,959 50,432
    MICROSOFT CORP 58,240 72,950
    ORACLE CORP 83,891 102,346
    COMCAST CORP 28,016 41,151
    3M CO 11,213 17,531
    THERMO FISHER SCIENTIFIC INC 20,891 38,973
    ALTERA CORP 19,446 17,881
    APACHE CORP 37,693 38,673
    NOBLE ENERGY INC 28,620 44,272
    PRAXAIR INC 34,727 42,260
    ECOLAB INC 35,338 54,742
    WR BERKLEY CORP 18,945 21,695
    BERKSHIRE HATHAWAY INC 71,050 97,812
    GOLDMAN SACHS 28,260 44,315
    MORGAN STANLEY 35,570 68,208
    AON PLC 49,475 77,598
    NESTLE SA SPONSORED ADR 29,841 34,955
    APOLLO GLOBAL MGMT LLC 16,037 17,544
    DUPONT FABROS TECHNOLOGY 16,046 17,050
    KINDER MORGAN 16,251 16,560
    LEXINGTON REALTY TRUST 17,130 14,243
    OMEGA HEALTHCARE INVS 15,665 14,602
    REYNOLDS AMERICAN INC 16,498 15,997
    SEASPAN CORP 16,373 18,360
    WILLIAMS COMPANIES 16,161 17,163
    DISH NETWORK CORP 22,689 34,752
    ANADARKO PETROLEUM CORP 15,831 15,864
    NEWS CORP NEW 4,087 6,523
    TWENTY-FIRST CENTURY 30,359 50,997
    LIBERTY GLOBAL PLC-SERIES C 37,730 59,024
    CONSTELLATION BRANDS 21,475 35,187
    FIDUCIARY/CLAY MLP OPP 16,382 16,931

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    ROWAN T O'RILEY FAMILY FOUNDATION
    EIN: 26-3505617
    US Government Securities - End of Year Book Value:

    206,622
    US Government Securities - End of Year Fair Market Value:

    207,246
    State & Local Government Securities - End of Year Book Value:


    55,035
    State & Local Government Securities - End of Year Fair Market Value:


    53,742


    TY 2013 InvestmentsOtherSchedule2
    Name:
    ROWAN T O'RILEY FAMILY FOUNDATION
    EIN: 26-3505617
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DODGE & COX INTERNATIONAL AT COST 56,422 78,404
    OBERWEIS EMERGING GROWTH FUND AT COST 3,893 4,276
    STRATTON SMALL CAP VALUE FUND AT COST 51,238 90,442
    THIRD AVENUE INTERNATIONAL VALUE AT COST 27,208 28,923

    TY 2013 OtherExpensesSchedule
    Name:
    ROWAN T O'RILEY FAMILY FOUNDATION
    EIN: 26-3505617
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE STREET - NESTLE 11 11   0
    APOLLO GLOBAL MANAGEMENT, LLC 2 2   0
    MASS FORM PC FILING FEE 35 0   35


    TY 2013 OtherIncomeSchedule2
    Name:
    ROWAN T O'RILEY FAMILY FOUNDATION
    EIN: 26-3505617
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    APOLLO GLOBAL MANAGEMENT, LLC 80 80 80


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    ROWAN T O'RILEY FAMILY FOUNDATION
    EIN: 26-3505617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES - MERRILL LYNCH 8,909 8,909   0
    CERTIFICATION FEES - MERRILL LYNCH 16 16   0
    INVESTMENT MANAGEMENT FEES - GANNETT WELSH & KOTLER LLC 3,990 3,990   0
    CUSTODIAN FEES - GENNETT WELSH & KOTLER LLC 673 673   0
    INVESTMENT MANAGEMENT FEES - STATE STREET 9,456 9,456   0
    CUSTODIAN FEES - STATE STREET 689 689   0


    TY 2013 TaxesSchedule
    Name:
    ROWAN T O'RILEY FAMILY FOUNDATION
    EIN: 26-3505617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL BALANCE DUE - 2012 9,692 0   0
    FEDERAL ESTIMATED TAX PAYMENTS - 2013 26,960 0   0