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
VILLCHUR FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 306   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WOODSTOCK, NY12498
A Employer identification number

14-1764435
B Telephone number (see instructions)

(845) 679-6509
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$4,533,770J 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) 675
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 326,725 326,637 326,725
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 158,657
b Gross sales price for all assets on line 6a 17,872,332
7 Capital gain net income (from Part IV, line 2)... 50,947
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 28,118 7,116 28,118
12 Total. Add lines 1 through 11........ 514,175 384,700 354,843
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 120 40    
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 18,037 6,013    
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 20,746 6,293    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,903 12,346   0
25 Contributions, gifts, grants paid........ 150,200 150,200
26 Total expenses and disbursements. Add lines 24 and 25 189,103 12,346   150,200
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 325,072
b Net investment income (if negative, enter -0-) 372,354
c Adjusted net income (if negative, enter -0-)... 354,843
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.......... 237,953 98,136 98,136
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........... 303    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 291,587 Click to see attachment4,420,384 4,420,384
c Investments—corporate bonds (attach schedule)........ 3,851,279    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment15,250 Click to see attachment15,250
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,381,122 4,533,770 4,533,770
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)   Click to see attachment7,000
23 Total liabilities (add lines 17 through 22)..........   7,000
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 4,381,122 4,526,770
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).................... 4,381,122 4,526,770
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,381,122 4,533,770
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 4,381,122
2 Enter amount from Part I, line 27a..................... 2 325,072
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 18,144
4 Add lines 1, 2, and 3.......................... 4 4,724,338
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 197,568
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,526,770
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.)
1a
b
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
b
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
b
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 50,947
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 229,750 4,085,290 0.056238
2011   7,775  
2010   6,608  
2009   7,827  
2008   11,541  
2 Total of line 1, column (d) ...................... 2 0.056238
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 0.056238
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 4,386,095
5 Multiply line 4 by line 3....................... 5 246,665
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,724
7 Add lines 5 and 6......................... 7 250,389
8 Enter qualifying distributions from Part XII, line 4.............. 8 150,200
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 7,447
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 7,447
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,447
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 7,000
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 7,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 85
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 532
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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 addressbulletWWW.VILLCHURFOUNDATION.ORG
    14
    The books are in care ofbulletMIRIAM BERG Telephone no.bullet (845) 679-6509
    Located atbulletPO BOX 407BEARSVILLENY ZIP+4bullet12409
    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
     
     
    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
    MIRIAM BERGClick to see attachment PRESIDENT/TR
    2.00     		0 0 0
    PO BOX 306
    WOODSTOCK,NY12498
    NANCY SUMMERClick to see attachment VICE PRESIDE
    1.00     		0 0 0
    PO BOX 407
    BEARSVILLE,NY12409
    GLORIA BULEYClick to see attachment SECRETARY
    1.00     		0 0 0
    PO BOX 407
    BEARSVILLE,NY12409
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (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 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    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
    219,305
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    7,447
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,447
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    211,858
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    211,858
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    211,858
    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 7 211,858
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012....... 32,362
    fTotal of lines 3a through e......... 32,362
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 150,200
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2013 distributable amount..... 150,200
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2013. 32,362 32,362
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		29,296
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		 
    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).)
    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
    AAIA
    PO BOX 5006
    HAGERSTOWN,MD21741     		    OPERATING EXPENSES 500
    ACLU FOUNDATION
    125 BROAD ST 18TH FL
    NEW YORK,NY10004     		    OPERATING EXPENSES 500
    AMERICANS UNITED
    PO BOX 96033
    850 EAST TOWER
    WASHINGTON,DC20090     		    OPERATING EXPENSES 500
    ASHOKAN CENTER
    477 BEAVERKILL ROAD
    OLIVEBRIDGE,NY12461     		    OPERATING EXPENSES 500
    AWAN
    POB 53
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 500
    CARTER CENTER
    1 COPEN HILL
    ATLANTA,GA30307     		    OPERATING EXPENSES 500
    CATHOLICS FOR CHOICE
    1436 U ST NW STE 301
    WASHINGTON,DC20009     		    OPERATING EXPENSES 500
    COMMUNITY CATALYST
    30 WINTER ST 10TH FL
    BOSTON,MA02108     		    OPERATING EXPENSES 500
    FAMILY OF WOODSTOCK
    PO BOX 3516
    KINGSTON,NY12402     		    OPERATING EXPENSES 60,000
    FOOD BANK OF THE HUDSON VALLEY
    195 HUDSON ST
    CORNWALLONHUDSON,NY12520     		    OPERATING EXPENSES 500
    FRESH AIR FUND
    633 THIRD AVE 14TH FL
    NEW YORK,NY10164     		    OPERATING EXPENSES 500
    FRIENDS OF THE LIBRARY
    5 LIBRARY LANE
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 5,000
    HISTORICAL SOCIETY OF WOODSTOCK
    PO BOX 841
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 500
    HOSPICE FOUNDATION
    34 BROADWAY
    KINGSTON,NY12401     		    OPERATING EXPENSES 1,000
    K0DI KIDS CATSKILL ROTARY
    POB 152
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 500
    LEARNING ALLIANCE
    20 ROSZEL RD
    PRINCETON,NJ08540     		    OPERATING EXPENSES 500
    MAVERICK CONCERTS
    PO BOX 9
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 1,000
    MOUNT HOLYOKE COLLEGE
    50 COLLEGE ST
    MOUNT HADLEY,MA01075     		    OPERATING EXPENSES 500
    MPP FOUNDATION
    PO BOX 77492
    WASHINGTON,DC20013     		    OPERATING EXPENSES 500
    NATIONAL WILDLIFE FEDERATION
    11100 WILDLIFE CTR DR
    RESTON,VA20190     		    OPERATING EXPENSES 500
    NATIONAL WOMENS HEALTH NETWORK
    1413 K ST NW 4TH FLOOR
    WASHINGTON,DC20005     		    OPERATING EXPENSES 500
    PPMHV
    178 CHURCH ST
    POUGHKEEPSIE,NY12601     		    OPERATING EXPENSES 5,000
    PUBLIC CITIZEN
    1600 20TH ST NW
    WASHINGTON,DC20009     		    OPERATING EXPENSES 500
    RCRC EDUC FUND
    1413 K ST NW 14TH FL
    WASHINGTON,DC20005     		    OPERATING EXPENSES 500
    WOODSTOCK ARTISTS ASSOCMUSEUM
    28 TINKER ST
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 10,000
    WOODSTOCK EMERG RESCUE SQUAD
    PO BOX 222
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 10,000
    WOODSTOCK FARM ANIMAL SANCTUARY
    PO BOX 1329
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 100
    WOODSTOCK FIRE CO NO 1
    PO BOX 452
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 10,000
    WOODSTOCK LAND CONSERVANCY
    PO BOX 864
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 500
    WOODSTOCK MEALS ON WHEELS
    16 TINKER ST
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 500
    WOODSTOCK PLAYHOUSE
    PO BOX 1434
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 1,000
    WOODSTOCK SCHOOL OF ART
    PO BOX 338
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 10,000
    LIVE MONARCH
    3003-C8 YAMATO ROAD 1015
    BOCA RATON,FL33434     		    OPERATING EXPENSES 500
    LEBANON HISTORICAL SOCIETY
    PO BOX 151
    LEBANON,CT06249     		    OPERATING EXPENSES 500
    GOOD NEIGHBOR FOOD PANTRY
    PO BOX 619
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 1,000
    NEW ORGANIZING INSTITUTION EDUCATIO
    1133 19TH ST NW STE 550
    WASHINGTON,DC20036     		    OPERATING EXPENSES 1,000
    OVERLOOK MOUNTAIN CENTER
    PO BOX 1278
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 1,000
    ROCKEFELLER UNIVERSITY
    1230 YORK AVE
    NEW YORK,NY10065     		    OPERATING EXPENSES 500
    BARNARD COLLEGE
    3009 BROADWQAY
    NEW YORK,NY10027     		    OPERATING EXPENSES 500
    CENTER FOR REPRODUCTIVE RIGHTS
    120 WALL ST
    NEW YORK,NY10005     		    OPERATING EXPENSES 500
    CHARITY WATCH
    PO BOX 843324
    KANSAS CITY,MO64181     		    OPERATING EXPENSES 100
    HUDSON RIVER MARITIME MUSEUM
    50 RONDOUT LANDING
    KINGSTON,NY12401     		    OPERATING EXPENSES 250
    PLANNED PAREHTHOOD (WOODSTOCK BENEF
    C/O ROZ BALKIN
    PO BOX 69
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 250
    RCAL
    727 ULSTER AVE
    KINGSTON,NY12401     		    OPERATING EXPENSES 500
    ROBIN HOOD FOUNDATION
    826 BROADWAY 9TH FL
    NEW YORK,NY10003     		    OPERATING EXPENSES 500
    HUDSON VALLEY COMMUNITY PRODUCTIONS
    118 LA BERGERIE LANE
    RED HOOK,NY12571     		    OPERATING EXPENSES 500
    SPIRIT IN ACTION
    21 WILBRAHAM ST BOX C3
    PALMER,MA01069     		    OPERATING EXPENSES 500
    HEALTH ALLIANCE FOUNDATION
    396 BROADWAY
    KINGSTON,NY12401     		    OPERATING EXPENSES 1,000
    WIKIMEDIA FOUNDATION
    PO BOX 98204
    WASHINGTON,DC20090     		    OPERATING EXPENSES 5,000
    PFAW FOUNDATION
    PO BOX 96200
    WASHINGTON,DC20077     		    OPERATING EXPENSES 500
    COMMON CAUSE EDUCATIONAL FUND
    1133 19TH ST NW 9TH FLOO
    WASHINGTON,DC20036     		    OPERATING EXPENSES 500
    MAVERICK CONCERTS
    PO BOX 9
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 10,000
    TOYS FOR TOTS
    18251 QUANTICO GATEWAY DR
    TRIANGLE,VA22172     		    OPERATING EXPENSES 200
    LIBANA
    PO BOX 400530
    CAMBRIDGE,MA02140     		    OPERATING EXPENSES 200
    MAX'S KANSAS CITY PROJECT
    PO BOX 53
    WOODSTOCK,NY12498     		    OPERATING EXPENSES 200
    THE WASHBOURNE HOUSE
    PO BOX 3516
    KINGSTON,NY12402     		    OPERATING EXPENSES 200
    FFF WILDLIFE CTR
    10846 ROUTE 23A
    HUNTER,NY12442     		    OPERATING EXPENSES 200
    WORLD WILD LIFE FUND
    1250 24TH ST NW
    WASHINGTON,DC20037     		    OPERATING EXPENSES 500
    Total .................................bullet 3a 150,200
    bApproved for future payment
    Total .................................bullet 3b  
    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.... 900099 88 14 326,637  
    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 7,116  
    8
    Gain or (loss) from sales of assets other than inventory .............     		  859 18 157,798  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aCVR PARTNERS, LP     14 4  
    bVANGUARD     18 2,092  
    cVANGUARD     18 3,178  
    dVANGUARD     18 1,588  
    eVANGUARD     18 318  
    fVANGUARD     18 12,113  
    gVANGUARD     18 9,901  
    hATLAS     18 3,347  
    iATLAS     18 912  
    jATLAS     18 2,596  
    kATLAS     18 3,137  
    lATLAS RESOURCE PARTNERS, LP     14 90  
    mARC LOGISTICS PARTNERS, LP 900099 2      
    nATLAS ENERGY, LP 900099 -1,965      
    oATLAS PIPELINE PARTNERS, LP 900099 -14,872      
    pCVR PARTNERS, LP 900099 -4,686      
    qENTERPRISE PRODUCTS PARTNER 900099 -1,810      
    rVANGUARD NATURAL RESOURCES,     14 18,981  
    sVANGUARD NATURAL RESOURCES, 900099 -7,091      
    tATLAS RESOURCE PARTNERS,LP 900099 -6,833      
    12 Subtotal. Add columns (b), (d), and (e).. -36,308 549,808  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13513,500
    (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 CompensationExplanation
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Person Name Explanation
    MIRIAM BERG  
    NANCY SUMMER  
    GLORIA BULEY  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 GainLossSaleOtherAssetsSch
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    5000 SHS AMER INTL GP INC 2013-01 PURCHASE 2013-04   206,337 193,812     12,525  
    4000 SHS AMER INTL GP INC 2013-03 PURCHASE 2013-05   166,165 156,616     9,549  
    5000 SHS AMEREN CORP 2013-01 PURCHASE 2013-02   167,757 159,005     8,752  
    3340 SHS BIOMED REALTY TRUST INC 2013-10 PURCHASE 2013-11   67,163 64,727     2,436  
    5000 SHS CENTURYLINK INC 2013-02 PURCHASE 2013-02   173,123 163,671     9,452  
    2000 SHS CIENA CORP 2013-12 PURCHASE 2013-12   47,466 44,436     3,030  
    3000 SHS COLUMBIA PPTY TR INC 2013-11 PURCHASE 2013-12   68,814 68,338     476  
    3000 SHS FMC TECHNOLOGIES INC 2013-10 PURCHASE 2013-12   151,346 158,102     -6,756  
    2000 SHS FMC TECHNOLOGIES INC 2013-11 PURCHASE 2013-12   100,186 97,489     2,697  
    8000 SHS FMC TECHNOLOGIES INC 2013-10 PURCHASE 2013-12   407,863 407,075     788  
    5000 SHS FOSTER WHEELER AG 2013-12 PURCHASE 2013-12   163,947 156,529     7,418  
    2000 SHS GOLDMAN SACHS GRP INC 2013-12 PURCHASE 2013-12   343,837 341,766     2,071  
    5000 SHS HOLLYFRONTIER CORP 2013-08 PURCHASE 2013-08   228,989 226,417     2,572  
    3000 SHS HOLLYFRONTIER CORP 2013-10 PURCHASE 2013-10   124,341 121,404     2,937  
    3000 SHS HOLLYFRONTIER CORP 2013-09 PURCHASE 2013-10   128,932 125,285     3,647  
    3000 SHS HOLLYFRONTIER CORP 2013-08 PURCHASE 2013-10   129,830 133,336     -3,506  
    5000 SHS HOLLYFRONTIER CORP 2013-08 PURCHASE 2013-10   225,886 220,784     5,102  
    6000 SHS HOLLYFRONTIER CORP 2013-09 PURCHASE 2013-11   273,289 277,408     -4,119  
    2000 SHS HOLLYFRONTIER CORP 2013-11 PURCHASE 2013-11   93,033 92,049     984  
    10000 SHS INVESCO MORTGAGE CAPITAL 2013-05 PURCHASE 2013-11   147,748 206,965     -59,217  
    5000 SHS JAVELIN MORTGAGE INV CORP 2013-04 PURCHASE 2013-11   57,464 100,566     -43,102  
    5000 SHS JAVELIN MORTGAGE INC CORP 2013-04 PURCHASE 2013-11   58,152 100,498     -42,346  
    10000 SHS JAVELIN MORTGAGE INV CORP 2013-05 PURCHASE 2013-12   131,491 197,118     -65,627  
    1000 SHS MEDLEY CAPITAL CORP 2013-04 PURCHASE 2013-07   14,390 15,045     -655  
    4000 SHS MEDLEY CAPITAL CORP 2013-04 PURCHASE 2013-07   57,787 60,068     -2,281  
    10000 SHS MEDLEY CAPITAL CORP 2013-04 PURCHASE 2013-07   145,091 143,462     1,629  
    3000 SHS ONEOK INC 2013-10 PURCHASE 2013-11   173,240 171,084     2,156  
    3000 SHS ONEOK INC 2013-10 PURCHASE 2013-11   176,915 170,274     6,641  
    3000 SHS ONEOK INC 2013-10 PURCHASE 2013-12   177,005 171,851     5,154  
    3000 SHS ONEOK INC 2013-10 PURCHASE 2013-12   177,244 170,111     7,133  
    5000 SHS PINNACLE FOODS INC 2013-04 PURCHASE 2013-05   124,741 121,649     3,092  
    5000 SHS SEADRILL LTD 2013-05 PURCHASE 2013-07   214,728 202,325     12,403  
    2500 SHS SEADRILL LTD 2013-05 PURCHASE 2013-08   105,687 102,555     3,132  
    2500 SHS SEADRILL LTD 2013-05 PURCHASE 2013-08   108,583 102,555     6,028  
    3000 SHS SEMGROUP CORP 2013-10 PURCHASE 2013-10   176,804 173,030     3,774  
    3000 SHS SHIP FINANCE INTL LTD 2013-06 PURCHASE 2013-11   49,432 49,740     -308  
    6000 SHS THE MOSAIC CO 2013-09 PURCHASE 2013-10   274,789 271,098     3,691  
    4000 SHS TORTOISE PIPELNE&ENGY FD I 2012-12 PURCHASE 2013-02   106,653 97,166     9,487  
    4000 SHS TORTOISE PIPELINE&ENGY FD I 2012-12 PURCHASE 2013-02   106,755 96,610     10,145  
    3000 SHS VANGUARD EUROPEAN MSCI 2013-08 PURCHASE 2013-09   162,002 159,128     2,874  
    3000 SHS VANGUARD EUROPEAN MSCI 2013-10 PURCHASE 2013-10   165,020 162,186     2,834  
    5000 SHS WILLIAMS CO INC 2013-02 PURCHASE 2013-03   186,284 173,654     12,630  
    100000 SHS ADVANCED MICRO 2013-03 PURCHASE 2013-04   97,044 93,847     3,197  
    5000 SHS ANGLOGOLD CV 2013-09 PURCHASE 2013-09   761 761        
    ANGLOGOLD ASHANTI LIMITED 2013-09 PURCHASE 2013-09   2       2  
    10000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-05   264,081 251,599     12,482  
    17000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-05   454,174 426,735     27,439  
    3000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-07   78,034 76,214     1,820  
    3000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-07   79,106 78,266     840  
    3000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-07   79,998 78,266     1,732  
    3000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-07   79,072 78,133     939  
    200 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-08   5,413 5,164     249  
    3800 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-08   104,835 98,125     6,710  
    3000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-08   82,846 76,695     6,151  
    3000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-08   82,170 75,810     6,360  
    2000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-08   55,279 48,105     7,174  
    2000 SHS APOLLO GLBL MGMT LLC 2013-05 PURCHASE 2013-08   56,569 48,233     8,336  
    6000 SHS APOLLO GLBL MGMT LLC 2013-08 PURCHASE 2013-09   168,647 158,219     10,428  
    3000 SHS APOLLO GLBL MGMT LLC 2013-08 PURCHASE 2013-09   85,651 79,579     6,072  
    8000 SHS APOLLO GLBL MGMT LLC 2013-09 PURCHASE 2013-10   231,589 224,153     7,436  
    1301 SHS ATLAS ENERGY LP 2013-04 PURCHASE 2013-06   66,266 66,120     146  
    6000 SHS ATLAS ENERGY LP 2013-04 PURCHASE 2013-06   307,990 311,961     -3,971  
    3699 SHS ATLAS ENERGY LP 2013-04 PURCHASE 2013-06   192,391 187,090     5,301  
    5000 SHS ATLAS ENERGY LP 2013-08 PURCHASE 2013-09   257,225 252,590     4,635  
    2000 SHS ATLAS ENERGY LP 2013-10 PURCHASE 2013-10   95,992 94,212     1,780  
    2000 SHS ATLAS ENERGY LP 2013-10 PURCHASE 2013-10   97,112 93,912     3,200  
    3000 SHS ATLAS ENERGY LP 2013-10 PURCHASE 2013-10   148,829 140,151     8,678  
    7500 SHS ATLAS ENERGY LP 2013-10 PURCHASE 2013-12   347,668 382,202     -34,534  
    200000 SHS CITIZENS COMM CO 2012-07 PURCHASE 2013-01   218,404 196,750     21,654  
    1500 SHS ENTERPRISE PROD PRTNRS LP 2013-11 PURCHASE 2013-12   98,195 95,117     3,078  
    200000 SHS GMAC 2012-05 PURCHASE 2013-04   200,145 199,000     1,145  
    200000 SHS GMAC 2012-05 PURCHASE 2013-05   200,211 200,000     211  
    50000 SHS GMAC 2012-06 PURCHASE 2013-04   50,117 50,459     -342  
    100000 SHS GMAC 2012-06 PURCHASE 2013-05   99,961 101,730     -1,769  
    75000 SHS PENN VIRGINIA CORP 2012-11 PURCHASE 2013-06   72,818 73,875     -1,057  
    100000 SHS STONE ENERGY CO 2012-10 PURCHASE 2013-01   104,500 101,481     3,019  
    6000 SHS OAKTREE CAPITAL GP LLC 2013-03 PURCHASE 2013-05   337,597 317,512     20,085  
    2000 SHS OAKTREE CAPITAL GP LLC 2013-04 PURCHASE 2013-05   112,703 103,243     9,460  
    2000 SHS OAKTREE CAPITAL GP LLC 2013-04 PURCHASE 2013-05   113,465 102,197     11,268  
    4000 SHS OAKTREE CAPITAL GP LLC 2013-04 PURCHASE 2013-05   228,637 211,264     17,373  
    2000 SHS OAKTREE CAPITAL GP LLC 2013-05 PURCHASE 2013-09   108,791 111,579     -2,788  
    6000 SHS OAKTREE CAPITAL GP LLC 2013-05 PURCHASE 2013-10   331,593 336,488     -4,895  
    3000 SHS OAKTREE CAPITAL GP LLC 2013-05 PURCHASE 2013-10   170,084 167,769     2,315  
    2000 SHS OAKTREE CAPITAL GP LLC 2013-05 PURCHASE 2013-10   112,725 111,387     1,338  
    5000 SHS OAKTREE CAPITAL GP LLC 2013-05 PURCHASE 2013-11   283,631 284,683     -1,052  
    3000 SHS OAKTREE CAPITAL GP LLC 2013-08 PURCHASE 2013-11   171,602 163,167     8,435  
    4000 SHS OAKTREE CAPITAL GP LLC 2013-11 PURCHASE 2013-12   225,647 222,411     3,236  
    10000 SHS VANGUARD NATURAL RESOURCES 2013-01 PURCHASE 2013-04   292,435 279,339     13,096  
    6000 SHS VANGUARD NATURAL RESOURCES 2013-04 PURCHASE 2013-04   174,337 167,840     6,497  
    5000 SHS VANGUARD NATURAL RESOURCES 2013-04 PURCHASE 2013-04   145,892 139,724     6,168  
    10000 SHS VANGUARD NATURAL RESOURCES 2013-04 PURCHASE 2013-05   291,725 286,060     5,665  
    5000 SHS VANGUARD NATURAL RESOURCES 2013-04 PURCHASE 2013-05   146,889 141,534     5,355  
    5000 SHS VANGUARD NATURAL RESOURCES 2013-04 PURCHASE 2013-05   147,638 140,685     6,953  
    2400 SHS VANGUARD NATURAL RESOURCES 2013-05 PURCHASE 2013-06   66,762 67,527     -765  
    10000 SHS VANGUARD NATURAL RESOURCES 2013-06 PURCHASE 2013-12   283,631 282,489     1,142  
    10000 SHS VANGUARD NATURAL RESOURCES 2013-07 PURCHASE 2013-12   281,354 277,429     3,925  
    100000 SHS EUROPEAN INVT BK 2012-01 DONATION 2013-02   50,299 67,201     -16,902  
    25000 SHS GMAC 2012-01 DONATION 2013-04   24,993 23,382     1,611  
    75000 SHS GMAC 2012-01 DONATION 2013-04   74,993 71,009     3,984  
    75000 SHS GMAC 2012-01 DONATION 2013-04   74,994 71,669     3,325  
    150000 SHS GMAC 2012-01 DONATION 2013-04   150,000 142,500     7,500  
    200000 SHS GMAC 2012-01 DONATION 2013-04   200,000 186,902     13,098  
    150000 SHS GMAC 2012-01 DONATION 2013-04   150,000 143,290     6,710  
    150000 SHS GMAC 2012-01 DONATION 2013-04   150,000 145,500     4,500  
    150000 SHS GMAC 2012-01 DONATION 2013-04   150,270 143,476     6,794  
    146000 SHS GMAC 2012-01 DONATION 2013-04   146,000 143,444     2,556  
    45000 SHS GMAC 2012-02 PURCHASE 2013-04   45,025 45,001     24  
    246000 SHS GMAC 2012-01 DONATION 2013-04   246,000 243,540     2,460  
    100000 SHS GMAC 2012-01 DONATION 2013-04   100,000 97,238     2,762  
    200000 SHS GMAC 2012-01 DONATION 2013-04   200,500 199,628     872  
    24000 SHS GMAC 2012-01 DONATION 2013-05   23,985 24,122     -137  
    100000 SHS GMAC 2012-01 DONATION 2013-04   100,000 99,955     45  
    75000 SHS GMAC 2012-01 DONATION 2013-04   75,053 75,377     -324  
    330000 SHS GMAC 2012-01 DONATION 2013-05   328,555 328,344     211  
    100000 SHS GMAC 2012-01 DONATION 2013-05   100,000 95,708     4,292  
    150000 SHS GMAC 2012-01 DONATION 2013-05   149,395 148,716     679  
    200000 SHS IBRD 2012-01 DONATION 2013-01   97,996 127,579     -29,583  
    100000 SHS IBRD 2012-01 DONATION 2013-11   44,351 67,338     -22,987  
    50000 SHS LLOYDS TSB BANK 2012-01 DONATION 2013-11   20,738 33,013     -12,275  
    200000 SHS MORGAN STANLEY 2012-01 DONATION 2013-11   84,726 130,000     -45,274  
    75000 SHS PENN VIRGINIA CORP 2012-11 PURCHASE 2013-11   76,111 73,875     2,236  
    FORM 6252, SHORT-TERM GAIN/LOSS         14       14  
    FORM 6252, LONG-TERM GAIN/LOSS         845       845  

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Name of Stock End of Year Book Value End of Year Fair Market Value
      4,420,384 4,420,384

    TY 2013 LegalFeesSchedule
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      120 40    


    TY 2013 OtherAssetsSchedule
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SILVER WINGS DEPOSIT   500 500
    DIVIDEND RECEIVABLE   14,750 14,750


    TY 2013 OtherDecreasesSchedule
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Description Amount
    UNREALIZED LOSS 197,568


    TY 2013 OtherExpensesSchedule
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    SERVICE CHARGES 300 100    
    INVESTMENT FEE 72 72    
    WEBSITE DESIGN 250 83    
    APOLLO INVESTMENT INTEREST EX 31 31    
    APOLLO INVESTMENT DEDUCTION 122 122    
    OAKTREE INVESTMENT DEDUCTION 752 752    
    OAKTREE INVESTMENT DEDUCTION 27 27    
    VANGUARD INVESTMENT EXPENSE 19,189 5,103    
    ATLAS ENERGY, LP 3 3    


    TY 2013 OtherIncomeSchedule2
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    APOLLO GLOBAL MANAGEMENT, LLC 5,892 5,892 5,892
    OAKTREE CAPITAL GROUP, LLC 444 444 444
    OAKTREE CAPITAL GROUP, LLC -209 -209 -209
    OAKTREE CAPITAL GROUP, LLC 220 220 220
    VANGUARD NATURAL RESOURCES, L 769 769 769
    CVR PARTNERS, LP 4   4
    VANGUARD 2,092   2,092
    VANGUARD 3,178   3,178
    VANGUARD 1,588   1,588
    VANGUARD 318   318
    VANGUARD 12,113   12,113
    VANGUARD 9,901   9,901
    ATLAS 3,347   3,347
    ATLAS 912   912
    ATLAS 2,596   2,596
    ATLAS 3,137   3,137
    ATLAS RESOURCE PARTNERS, LP 90   90
    ARC LOGISTICS PARTNERS, LP 2   2
    ATLAS ENERGY, LP -1,965   -1,965
    ATLAS PIPELINE PARTNERS, LP -14,872   -14,872
    CVR PARTNERS, LP -4,686   -4,686
    ENTERPRISE PRODUCTS PARTNERS -1,810   -1,810
    VANGUARD NATURAL RESOURCES, L 18,981   18,981
    VANGUARD NATURAL RESOURCES, L -7,091   -7,091
    ATLAS RESOURCE PARTNERS,LP -6,833   -6,833


    TY 2013 OtherIncreasesSchedule
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Description Amount
    PRIOR YEAR ADJUSTMENT 18,144


    TY 2013 OtherLiabilitiesSchedule
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE   7,000


    TY 2013 TaxesSchedule
    Name:
    VILLCHUR FOUNDATION
    EIN: 14-1764435
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS FILING FEE 275 92    
    EXCISE TAXES 13,877 4,626    
    FOREIGN TAXES 3,885 1,295