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
FORREST C & FRANCES H LATTNER FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)198 NE 6TH AVENUE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DELRAY BEACH, FL33483
A Employer identification number

20-3106502
B Telephone number (see instructions)

(561) 266-9494
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$75,747,770J 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)  
2 Check bullet
3 Interest on savings and temporary cash investments 27 27  
4 Dividends and interest from securities...... 100,442 100,442  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,644,517
b Gross sales price for all assets on line 6a 17,282,526
7 Capital gain net income (from Part IV, line 2)... 6,644,517
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 1,168,534 1,168,534  
12 Total. Add lines 1 through 11........ 7,913,520 7,913,520  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 93,545 18,709   74,836
14 Other employee salaries and wages...... 89,230 22,308   66,922
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 25,575 25,575   0
c Other professional fees (attach schedule).... Click to see attachment 523,797 523,797   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 98,435 44,334   2,864
19 Depreciation (attach schedule) and depletion... Click to see attachment 723 1,031  
20 Occupancy.............. 27,406 5,481   21,925
21 Travel, conferences, and meetings....... 1,511 151   1,360
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 18,777 4,694   14,083
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 878,999 646,080   181,990
25 Contributions, gifts, grants paid........ 4,359,900 4,359,900
26 Total expenses and disbursements. Add lines 24 and 25 5,238,899 646,080   4,541,890
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,674,621
b Net investment income (if negative, enter -0-) 7,267,440
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............... 1    
2 Savings and temporary cash investments.......... 11,649,250 11,500,773 11,500,773
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 56,172,316 Click to see attachment58,426,833 63,191,007
14 Land, buildings, and equipment: basis bullet16,732
Less: accumulated depreciation (attach schedule) bullet16,465 989 Click to see attachment267 267
15 Other assets (describe bullet) Click to see attachment486,419 Click to see attachment1,055,723 Click to see attachment1,055,723
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 68,308,975 70,983,596 75,747,770
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)    
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 68,308,975 70,983,596
30 Total net assets or fund balances (see page 17 of the
instructions).................... 68,308,975 70,983,596
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 68,308,975 70,983,596
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 68,308,975
2 Enter amount from Part I, line 27a..................... 2 2,674,621
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 70,983,596
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 70,983,596
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 16,000 SHS GLENROCK GLOBAL PARTNERS (BVI) INC. P 2011-09-29 2013-03-28
b 154,500 SHS MFC ISHARES SILVER TR ISHARES P   2013-06-16
c 38,650 SHS MFC SPDR GOLD TR GOLD SHARES P   2013-06-13
d 703.241 SHS CONATUS CAPITAL OVERSEAS LTD P 2011-06-30 2013-10-01
e 215,040.62 SHS ABERDEEN EMERGING MARKETS FD P 2012-05-17 2013-11-25
997.71 SHS HIGHFIELDS CAPITAL LTD P 2011-06-27 2013-12-15
CONATUS CAPITAL OVERSEAS LTD P    
DAVIDSON KEMPNER INSTITUTIONAL PTRS LP P    
FIR TREE INT'L VALUE FD II LTD P    
GLENROCK GLOBAL PARTNERS (BVI) INC P    
MASON CAPITAL LTD P    
SCOPIA PX INTL LTD P    
SILCHESTER INT'L VALUE EQUITY TRUST P    
VALINOR CAPITAL PARTNERS LP P    
METRO REAL ESTATE PARTERS IV LP P    
METRO REAL ESTATE PARTERS V LP P    
METRO REAL ESTATE PARTERS VI LP P    
PARK STREET CAPITAL PRIVATE EQUITY VII LP P    
PARK STREET CAPITAL PRIVATE EQUITY VIII LP P    
PARK STREET CAPITAL NATURAL RESOURCE FD P    
PARK STREET CAPITAL NATURAL RESOURCES CORP P    
NO TRUST - AGENCY P    
NO TRUST - NT-2-086843 P    
NO TRUST - OPERATING P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,395,053   1,823,229 -428,176
b 3,228,994   1,899,721 1,329,273
c 5,150,599   2,483,168 2,667,431
d 800,000   848,518 -48,518
e 3,204,105   2,867,995 336,110
941,094   715,378 225,716
495,841     495,841
119,229     119,229
229,471     229,471
73,896     73,896
21,384     21,384
109,768     109,768
602,450     602,450
136,509     136,509
9,864     9,864
39,821     39,821
89,331     89,331
50,799     50,799
71,308     71,308
49,702     49,702
8,246     8,246
173     173
454,057     454,057
832     832
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       -428,176
b       1,329,273
c       2,667,431
d       -48,518
e       336,110
      225,716
      495,841
      119,229
      229,471
      73,896
      21,384
      109,768
      602,450
      136,509
      9,864
      39,821
      89,331
      50,799
      71,308
      49,702
      8,246
      173
      454,057
      832
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 6,644,517
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 4,131,208 74,695,915 0.055307
2011 4,992,518 74,882,323 0.066672
2010 4,534,064 81,429,963 0.055681
2009 3,885,191 72,403,299 0.053660
2008 4,989,338 82,479,689 0.060492
2 Total of line 1, column (d) ...................... 2 0.291812
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 0.058362
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 75,781,476
5 Multiply line 4 by line 3....................... 5 4,422,759
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 72,674
7 Add lines 5 and 6......................... 7 4,495,433
8 Enter qualifying distributions from Part XII, line 4.............. 8 4,541,890
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 72,674
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 72,674
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 72,674
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 112,226
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.............. 7 112,226
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 115
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 39,437
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet39,437 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletFL
    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 ofbulletFORREST FRANCES LATTNER FOUNDATIO Telephone no.bullet (561) 266-9494
    Located atbullet198 NE 6TH AVENUEDELRAY BEACHFL ZIP+4bullet33483
    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
    DREW HOLLENBECK TRUSTEE
    10.00     		27,674 0 0
    198 NE 6TH AVENUE
    DELRAY BEACH,FL33483
    DAVID W HOLLENBECK TRUSTEE
    10.00     		37,431 0 0
    198 NE 6TH AVENUE
    DELRAY BEACH,FL33483
    DOUGLAS HOLLENBECK TRUSTEE
    10.00     		28,440 0 0
    198 NE 6TH AVENUE
    DELRAY BEACH,FL33483
    SUSAN L LLOYD CHAIRMAN
    10.00     		0 0 0
    198 NE 6TH AVENUE
    DELRAY BEACH,FL33483
    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
    SUE MANN FUND MANAGER
    40.00     		89,230 0 0
    198 NE 6TH AVENUE
    DELRAY BEACH,FL33483
    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
    3,789,074
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    72,674
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
    1,476
    c
    Add lines 2a and 2b............................
    2c
    74,150
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,714,924
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,714,924
    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
    3,714,924
    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 3,714,924
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 972,874
    b From 2009....... 270,556
    c From 2010....... 469,625
    d From 2011....... 1,323,588
    e From 2012....... 447,649
    fTotal of lines 3a through e......... 3,484,292
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 4,541,890
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 3,714,924
    e Remaining amount distributed out of corpus 826,966
    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 4,311,258
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		972,874
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		3,338,384
    10 Analysis of line 9:
    a Excess from 2009.... 270,556
    b Excess from 2010.... 469,625
    c Excess from 2011.... 1,323,588
    d Excess from 2012.... 447,649
    e Excess from 2013.... 826,966
    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
    AMERICAN FOREST FOUNDATION
    1111 NINETEENTH ST NW STE 780
    WASHINGTON,DC20036     		NONE 501(C)3 PROJECT LEARNING TREE ENVIRONMENTAL EDUCATION 10,000
    THE ALLIANCE FOR NATURAL HEALTH
    6931 ARLINGTON RD STE 304
    BETHESDA,MD20814     		NONE 501(C)3 PUBLIC EDUCATION PROJECTS 30,000
    ATLANTA RONALD MCDONALD HOUSE
    795 GATEWOOD RD NE
    ATLANTA,GA30329     		NONE 501(C)3 OPEN HEARTS, OPEN DOORS CAPITAL CAMPAIGN 10,000
    AUDUBON PENNSYLVANIA
    1201 PAWLINGS RD
    AUDUBON,PA19403     		NONE 501(C)3 EXPANSION OF COMMUNITY EDUCATION AND ENGAG 50,000
    AYERSFOUNDATION
    6 HAVERSHAM RD
    WESTERLY,RI02891     		NONE 501(C)3 GENERAL SUPPORT 10,000
    BNP PICTURES(WOMEN MAKE MOVIES)
    P O BOX 481
    HAILEY,ID83333     		NONE 501(C)3 OUTREACH TO ALTERNATIVE SCHOOL COMMUNITIES 50,000
    BELLE CHILDREN'S SVS OF ST LOUIS ARC
    1177 N WARSON RD
    ST LOUIS,MO63132     		NONE 501(C)3 OUTREACH THERAPY PROGRAM 10,000
    BETHESDA HOSPITAL FOUNDATION
    2815 S SEACREST AVE
    BOYNTON BEACH,FL33435     		NONE 501(C)3 INVESTIGATE PROCESS OF PROVIDING HEALTHY FOOD 5,000
    BIONUTRIENT FOOD ASSOCIATION
    24 HILLSVILLE RD
    N BROOKFIELD,MA01535     		NONE 501(C)3 SCHOLARSHIPS FOR HIGH BIONUTRIENT CROP PRODUC 30,000
    BOCA RATON SOCIETY FOR THE DISABLED
    306 NW 35TH STREET
    BOCA RATON,FL33431     		NONE 501(C)3 AHCA APPROVED LUNCH EXPENSES & PROGRAM CO 40,000
    BOY SCOUTS - NARRAGANSETT COUNCIL #546
    PO BOX 14777
    E PROVIDENCE,RI02914     		NONE 501(C)3 CAMP SCHOLARSHIPS 5,000
    BRIGHT FUTURES
    64 EDWIN PL NW
    ATLANTA,GA30318     		NONE 501(C)3 PROGRAM SUPPORT 35,000
    CANCER 101
    304 PARK AVE S 11TH FL
    NEW YORK,NY10010     		NONE 501(C)3 EXPAND FARMING & CULINARY INITIATIVES FOR MIDDLE 25,000
    THE CENTER FOR AN AGRICULTURAL ECONOMY
    41 S MAIN ST
    HARDWICK,VT05843     		NONE 501(C)3 GENERAL SUPPORT 25,000
    CHAMPLAIN COLLEGE
    PO BOX 670
    BURLINGTON,VT05402     		NONE 501(C)3 SCHOLARSHIP & EMERGENCY FUND 20,000
    CHESTNUT HILL MEALS ON WHEELS
    8765 STENTON AVE
    WYNDMOOR,PA19038     		NONE 501(C)3 SUBSIDIZE CLIENTS & OPERATING COSTS 5,000
    CHRISTIANS REACHING OUT TO SOCIETY
    301 FIRST AVE SOUTH
    LAKE WORTH,FL33460     		NONE 501(C)3 THE CARING KITCHEN-SHLEVING, FLOORING, REPLACE 40,000
    CLINICS CAN HELP
    1550 LATHAM RD UNIT 10
    W PALM BEACH,FL33409     		NONE 501(C)3 GENERAL SUPPORT 5,000
    COLORADO SKI & SNOWBOARD MUSEUM
    231 S FRONTAGE RD E
    VAIL,CO81657     		NONE 501(C)3 REPLACE OLYMPIC SIGNS IN THE MUSEUM 5,000
    COMMITTEE ON TEMPORARY SHELTER
    PO BOX 1616
    BURLINGTON,VT05402     		NONE 501(C)3 GENERAL OPERATIONS & INITIATIVES THROUGH HOUSIN 5,000
    COMMON ROOTS
    PO BOX 9335
    S BURLINGTON,VT05407     		NONE 501(C)3 SALARY FOR LOCAL FARMER TO PRODUCE FOODS FOR CS 60,000
    THE COMPASS SCHOOL
    537 OLD NORTH RD
    KINGSTON,RI02881     		NONE 501(C)3 HISTORIC RENOVATION OF FARM 75,000
    CONSERVATION LAW FOUNDATION
    62 SUMMER STREET
    BOSTON,MA02110     		NONE 501(C)3 ORGANIZATION-WIDE ADVOCACY & RI EFFORTS 60,000
    CORNUCOPIA INSTITUTE
    PO BOX 126
    CORNUCOPIA,WI54827     		NONE 501(C)3 PROGRAM WORK 50,000
    DRAGONFLY FOREST
    1100 E HECTOR ST STE 333
    CONSHOHOCKEN,PA19428     		NONE 501(C)3 HELP ACCOMMODATE MOVE TO NEW FACILITY 25,000
    EAGLE RIVER WATERSHED COUNCIL
    PO BOX 7688
    AVON,CO81620     		NONE 501(C)3 GENERAL SUPPORT 5,000
    FAITH ALOUD
    PO BOX 430070
    ST LOUIS,MO63143     		NONE 501(C)3 COUNSELING SERVICES AND PROGRAMS 20,000
    FAMILIES FIRST IN SOUTHERN VERMONT
    PO BOX 939
    WILMINGTON,VT05363     		NONE 501(C)3 WILD HOPES FARM 10,000
    FAMILY RESOURCE CENTER
    3309 S KINGSHIGHWAY
    ST LOUIS,MO63139     		NONE 501(C)3 HIRE GRANT WRITER AND SPECIAL EVENTS CONSULTANT 100,000
    FARM-BASED EDUCATION ASSOCIATION
    1611 HARBOR RD
    SHELBURNE,VT05482     		NONE 501(C)3 2014 TRADITIONAL FOODS & HEALTH SYMPOSIUM 85,000
    FARM-TO-CONSUMER FOUNDATION
    2692 MADISON RD STE N1-371
    CINCINNATI,OH45208     		NONE 501(C)3 PROGRAM SUPPORT 45,000
    FELLOWSHIP OF THE WHEEL
    84 RICHMOND RD
    HINESBURG,VT05461     		NONE 501(C)3 GENERAL SUPPORT 4,000
    FLETCHER ALLEN HEALTH CARE
    111 COLCHESTER AVENUE
    BURLINGTON,VT05401     		NONE 501(C)3 SUSTAINABLE FOOD PRACTICES IN FOOD NUTRITION 40,000
    FLORIDA COALITION FOR PRESERVATION
    235 NE SIXTH AVE BLDG F
    DELRAY BEACH,FL33483     		NONE 501(C)3 GENERAL SUPPORT 5,000
    FLYNN CENTER FOR THE PERFORMING ARTS
    153 MAIN STREET
    BURLINGTON,VT05401     		NONE 501(C)3 SUBSIDIZED TICKETS-STUDENT MATINEE SERIES 25,000
    GEORGIA ELITE
    C/O R MCABEE 10140 KINCROSS RD
    ROSWELL,GA30076     		NONE 501(C)3 BASKETBALL PROGRAM 15,000
    GOTTA HAVE SOLE FOUNDATION
    PO BOX 8379
    CRANSTON,RI02920     		NONE 501(C)3 GENERAL SUPPORT 2,000
    GREATER WESTERLY CHAMBER FOUNDATION
    1 CHAMBER WAY
    WESTERLY,RI02891     		NONE 501(C)3 BRING BACK THE BEACH FUND 25,000
    HEARTBEET LIFESHARING
    218 TOWN FARM RD
    HARDWICK,VT05843     		NONE 501(C)3 GENERAL SUPPORT 3,000
    THE HOLE IN THE WALL GANG FUND
    555 LONG WHARF DR
    NEW HAVEN,CT06511     		NONE 501(C)3 HOSPITAL OUTREACH PROGRAM, "HEALTHY NUTRITION 100,000
    HORIZONS ATLANTA
    805 MOUNT VERNON HWY NW
    ATLANTA,GA30327     		NONE 501(C)3 GENERAL OPERATING SUPPORT 40,000
    INTERVALE CENTER
    180 INTERVALE ROAD
    BURLINGTON,VT05401     		NONE 501(C)3 GENERAL SUPPORT 45,000
    ISLAND PRESSCENTER FOR RES ECONOMICS
    1718 CONNECTICUT AVE NW STE 300
    WASHINGTON,DC20009     		NONE 501(C)3 PROGRAM SUPPORT 40,000
    JESSE LEWIS CHOOSE LOVE FOUNDATION
    PO BOX 605
    NEWTOWN,CT06470     		NONE 501(C)3 GENERAL SUPPORT 3,000
    JONNYCAKE CENTER OF WESTERLY
    23 INDUSTRIAL DR
    WESTERLY,RI02891     		NONE 501(C)3 FOOD PANTRY, EMERGENCY FINANCIAL AID,EDUCATIO 27,500
    KING STREET CENTER
    PO BOX 1615
    BURLINGTON,VT05402     		NONE 501(C)3 GENERAL SUPPORT 3,000
    LAKE CHAMPLAIN WALDORF SCHOOL
    359 TURTLE LN
    SHELBURNE,VT05482     		NONE 501(C)3 EARLY CHILDHOOD EQUIPMENT, FOOD EDUCATION/FAR 32,000
    THE LIONHEART SCHOOL
    225 ROSWELL ST
    ALPHARETTA,GA30009     		NONE 501(C)3 LIONHEART FOR LIFEPROGRAM 50,000
    LITERACY VOLUNTEERS OF WASHINGTON CNTY
    93 TOWER ST UNITS 25 26
    WESTERLY,RI02891     		NONE 501(C)3 ADMINISTRATIVE & INDIRECT COSTS FOR PROGRAM 15,000
    LITTLE BELLAS (CATAMOUNT OUTDOOR FAMILY)
    592 GOV CHITTENDEN RD
    WILLISTON,VT05695     		NONE 501(C)3 GENERAL SUPPORT 3,000
    LUND
    PO BOX 4009
    BURLINGTON,VT05406     		NONE 501(C)3 GENERAL SUPPORT 3,000
    MANNA
    PO BOX 30181
    PHILADELPHIA,PA19103     		NONE 501(C)3 COMPREHENSIVE NUTRITION SERVICES 20,000
    MERCY CORPS
    45 SW ANKENY ST
    PORTLAND,OR97204     		NONE 501(C)3 HELP SURVIVORS OF SUPER TYPHOON HAIYAN 25,000
    NATIONAL VACCINE INFORMATION CENTER
    21525 RIDGETOP CIR STE 100
    STERLING,VA20166     		NONE 501(C)3 GENERAL SUPPORT 5,000
    NATURAL RESOURCES DEFENSE COUNCIL
    40 W 20TH ST
    NEW YORK,NY10011     		NONE 501(C)3 SUPPORT CAMPAIGN TO GET RID OF TRICLOSAN & TRI 40,000
    THE NATURE CONSERVANCY IN RHODE ISLAND
    159 WATERMAN ST
    PROVIDENCE,RI02906     		NONE 501(C)3 ADVANCE INNOVATIVE MODELS, PILOT PROJECT 250,000
    NEED IN DEED
    211 N 13TH ST STE 501
    PHILADELPHIA,PA19107     		NONE 501(C)3 SERVICE LEARNING WORK - 2-YR. GRANT 15,000
    NEIGHBORHOOD GARDENS TRUST
    100 NORTH 20TH ST5F
    PHILADELPHIA,PA19103     		NONE 501(C)3 SUPPORT REBIRTH OF ORGANIZATION 20,000
    NEW ENGLAND SCIENCE AND SAILING FDN
    70 WATER ST PO BOX 733
    STONINGTON,CT06378     		NONE 501(C)3 INSTALLATION OF CEILING AND HVAC/LIGHTING, MARIN 80,000
    NORTHEAST ORGANIC FARMING ASSOC
    P O BOX 697
    RICHMOND,VT05477     		NONE 501(C)3 PROGRAM SUPPORT 50,000
    OCEAN COMMUNITY YMCA
    95 HIGH STREET
    WESTERLY,RI02891     		NONE 501(C)3 PURCHASE OF MOTOR BOAT/MOTOR, EQUIPMENT TO 40,000
    ORGANIC CONSUMERS ASSOCIATION
    6771 S SILVER HILL DR
    FINLAND,MN55603     		NONE 501(C)3 GMO CAMPAIGN 200,000
    ORGANIC FARMING RESEARCH FOUNDATION
    PO BOX 440
    SANTA CRUZ,CA95061     		NONE 501(C)3 GENERAL OPERATING SUPPORT 85,000
    ORLANDO R SMITH TRUST (BABCOCK-SMITH)
    124 GRANITE ST
    WESTERLY,RI02891     		NONE 501(C)3 BUILDING FUND CAMPAIGN FOR CARRIAGE HOUSE 15,000
    PAWCATUCK NEIGHBORHOOD CENTER
    27 CHASE ST
    PAWCATUCK,RI06379     		NONE 501(C)3 OPERATIONAL EXPENSES 25,000
    PCI-MEDIA IMPACT
    777 UNITED NATIONS PLAZA 5TH FLOOR
    NEW YORK,NY10017     		NONE 501(C)3 PROGRAM WORK 15,000
    PALM BEACH POST SEASON TO SHARE FUND
    2751 S DIXIE HIGHWAY
    WEST PALM BEACH,FL33405     		NONE 501(C)3 2013 SEASON TO SHARE CAMPAIGN 100,000
    PENNSYLVANIA HORTICULTURAL SOCIETY
    100 N 20TH STREET 5TH FLOOR
    PHILADELPHIA,PA19103     		NONE 501(C)3 CITY HARVEST PROGRAM 5,000
    PENNYPACK FARM EDUCATION CTR
    685 MANN ROAD
    HORSHAM,PA19044     		NONE 501(C)3 EDUCATIONAL PROGRAMMING; PHASE 1 OF EDIBLE 60,000
    PETS ARE LOVING SUPPORT (PALS)
    2115 LIDDELL DR NE
    ATLANTA,GA30324     		NONE 501(C)3 PET FOOD & BASIC VETERINARY CARE 40,000
    PHILADELPHIA MURAL ARTS ADVOCATES
    1727-29 MT VERNON ST
    PHILADELPHIA,PA19130     		NONE 501(C)3 AFTER SCHOOL, WEEKEND & SUMMER ART EDUCATION 75,000
    PUPPIES BEHIND BARS
    263 W 38TH ST 4TH FL
    NEW YORK,NY10016     		NONE 501(C)3 PROGRAM SUPPORT 5,000
    RECOVERY YOGA
    52 EUGENE ONEILL DR
    NEW LONDON,CT06320     		NONE 501(C)3 YOGA PROGRAMS & MATCHING GRANT 30,000
    RHODE ISLAND COMMUNITY FOOD BANK
    200 NIANTIC AVENUE
    PROVIDENCE,RI02907     		NONE 501(C)3 FOOD ACQUISITION AND DISTRIBUTION 25,000
    RONALD MCDONALD HOUSE CHARITIES OF DEN
    1300 EAST 21ST AVE
    DENVER,CO80205     		NONE 501(C)3 GENERAL SUPPORT 25,000
    RONALD MCDONALD HOUSE OF PROVIDENCE
    45 GAY ST
    PROVIDENCE,RI02905     		NONE 501(C)3 GENERAL SUPPORT 15,000
    ROUNDUP RIVER RANCH
    PO BOX 8589
    AVON,CO81620     		NONE 501(C)3 FALL FAMILY WEEKEND, SIBLING PROGRAM, OUTREA 120,000
    RURAL VERMONT
    15 BARRE STREET STE 2
    MONTPELIER,VT05602     		NONE 501(C)3 EDUCATIONAL AND GRASSROOTS OUTREACH; FUNDRAISI 60,000
    RUSSELL BYERS CHARTER SCHOOL
    210 W RITTENHOUSE SQ STE 400
    PHILADELPHIA,PA19103     		NONE 501(C)3 PLANNING & DEVELOPMENT OF IT'S YOUR HEALTH 60,000
    SALT MARSH OPERA
    PO BOX 227
    STONINGTON,CT06378     		NONE 501(C)3 GIANNI SCHICCHI TO WESTERLY SCHOOLCHILDREN 15,000
    THE SALVATION ARMY
    701 N BROAD STREET
    PHILADELPHIA,PA19123     		NONE 501(C)3 GENERAL OPERATING SUPPORT 50,000
    SAVE THE BAY
    100 SAVE THE BAY DRIVE
    PROVIDENCE,RI02905     		NONE 501(C)3 SOUTH COUNTY COASTKEEPER & WESTERLY OFFICE 90,000
    THE SHELBURNE CRAFT SCHOOL
    PO BOX 52
    SHELBURNE,VT05482     		NONE 501(C)3 GENERAL SUPPORT 3,000
    SHELBURNE FARMS
    1611 HARBOR ROAD
    SHELBURNE,VT05842     		NONE 501(C)3 FOOD SYSTEMS & AGRICULTURE EDUCATION PROGRAM 150,000
    SHELBURNE MUSEUM
    PO BOX 10
    SHELBURNE,VT05482     		NONE 501(C)3 GENERAL SUPPORT 2,000
    THE SOUP KITCHEN INC
    8645 W BOYNTON BEACH BLVD
    BOYNTON BEACH,FL33474     		NONE 501(C)3 PROGRAM SUPPORT & FUNDING ANNUAL FINANCIAL AU 75,000
    SOUTHEASTERN GUIDE DOGS
    4210 77TH ST E
    PALMETTO,FL34221     		NONE 501(C)3 PAWS FOR PATRIOTS PROGRAM 5,000
    SPECIAL OPERATIONS WARRIOR FOUNDATION
    PO BOX 13483
    TAMPA,FL33681     		NONE 501(C)3 PROGRAM SUPPORT 50,000
    SURFRIDER FOUNDATION
    PO BOX 6010
    SAN CLEMENTE,CA92674     		NONE 501(C)3 GLOBAL & CHAPTER SUPPORT; RISE ABOVE PLASTICS 95,000
    TOMAQUAG INDIAN MEMORIAL MUSEUM
    390 A SUMMIT RD
    EXETER,RI02822     		NONE 501(C)3 DEVELOP MASTER PLAN FOR PERMANENT HOME 32,500
    TRINITY YARD SCHOOL
    PO BOX 319
    BRISTOL,VT05472     		NONE 501(C)3 SPONSOR GRADUATING STUDENTS IN APPRENTICESHIP 10,000
    UNITED WAY OF RHODE ISLAND
    50 VALLEY ST
    PROVIDENCE,RI02909     		NONE 501(C)3 MAINTAIN TWO TECHNICAL STAFF POSITIONS FOR 2-1-1 10,000
    UNIVERSITY OF MIAMI
    1500 NW 12TH AVE STE 1020E
    MIAMI,FL33136     		NONE 501(C)3 LIVINGSTONE CHAIR IN SURGICAL ONCOLOGY 5,000
    UNIVERSITY OF VERMONT & STATE AGRICULTURAL
    340 WATERMAN BUILDING
    BURLINGTON,VT05403     		NONE 501(C)3 GROWING NUTRIENT DENSE FORAGES PROJECT 30,900
    US NATIONAL COMMITTEE FOR UN FUND FOR
    1120 20TH ST NW STE 720
    WASHINGTON,DC20036     		NONE 501(C)3 STAFF AND GENERAL OPERATING EXPENSES 25,000
    VAIL PET PARTNERS
    PO BOX 2427
    EDWARDS,CO81632     		NONE 501(C)3 GENERAL SUPPORT 5,000
    VAIL VALLEY FOUNDATION
    PO BOX 3822
    AVON,CO81620     		NONE 501(C)3 STARS EDUCATIONAL OUTREACH & COMMUNITY 50,000
    VAIL VALLEY FOUNDATION YOUTH FOUNDATION
    PO BOX 309
    VAIL,CO81628     		NONE 501(C)3 MAGIC BUS PROGRAM 5,000
    VAIL VALLEY SALVATION ARMY
    PO BOX 2183
    EDWARDS,CO81632     		NONE 501(C)3 FOOD 4,000
    VERMONT COMMUNITY GARDEN NETWORK
    12 NORTH ST STE 5
    BURLINGTON,VT05401     		NONE 501(C)3 COMMUNITY TEACHING GARDEN 10,000
    VERMONT FRESH NETWORK
    PO BOX 895
    RICHMOND,VT05477     		NONE 501(C)3 ANNUAL FARM-CHEF DINNER 10,000
    VERMONT LAND TRUST
    8 BAILEY AVENUE
    MONTPELIER,VT05602     		NONE 501(C)3 FARMLAND CONSERVATION 100,000
    WARM (WESTERLY AREA REST MEALS)
    56 SPRUCE STREET
    WESTERLY,RI02891     		NONE 501(C)3 HARVEST HOMES PROGRAM 25,000
    THE WATCH HILL CHAPEL SOCIETY
    PO BOX 173
    WESTERLY,RI02891     		NONE 501(C)3 GENERAL SUPPORT 5,000
    WATCH HILL LIGHTHOUSE KEEPERS ASSN
    PO BOX 1511
    WESTERLY,RI02891     		NONE 501(C)3 GENERAL SUPPORT 2,000
    WATCH HILL MEMORIAL LIBRARY & IMPROVEME
    PO BOX 1451
    WESTERLY,RI02891     		NONE 501(C)3 RESTORATION OF THE STATUE OF CHIEF NINIGRET 5,000
    WAYSIDE HOUSE
    378 NE SIXTH AVE
    DELRAY BEACH,FL33483     		NONE 501(C)3 GENERAL SUPPORT 25,000
    WESTERLY ARMORY RESTORATION
    PO BOX 614
    WESTERLY,RI02891     		NONE 501(C)3 OPEN BACK OF ARMORY FOR ACCESSIBLE ENTRANCE 10,000
    THE WESTERLY LAND TRUST
    PO BOX 601
    WESTERLY,RI02891     		NONE 501(C)3 ACQUISITION OF AN AGRICULTURAL AND CONSERVATION 205,000
    WESTON A PRICE FOUNDATION
    4200 WISCONSIN AVENUE NW
    WASHINGTON,DC20016     		NONE 501(C)3 RESEARCH, SCHOLARSHIPS,ONLINE RESTAURANT RATING 125,000
    TOWN OF WESTERLY & RIVER CENTER STEERING
    45 BROAD ST
    WESTERLY,RI02891     		NONE 501(C)3 CONSTRUCTION OF PARK BUILDING USING EXISTING STO 75,000
    WOODMERE ART MUSEUM
    9201 GERMANTOWN AVENUE
    PHILADELPHIA,PA19118     		NONE 501(C)3 CHILDREN'S COMPONENT OF PHILARTDELPHIA 15,000
    THE WOOD-PAWCATUCK WATERSHED ASSN
    203 ARCADIA ROAD
    HOPE VALLEY,RI02832     		NONE 501(C)3 PROGRAM SUPPORT & RESTRUCTURING 80,000
    ZENO MOUNTAIN FARM
    950 ZENO RD
    LINCOLN,VT05443     		NONE 501(C)3 SKI CAMP IN VT AND SPORTS CAMP IN FL 20,000
    Total .................................bullet 3a 4,359,900
    bApproved for future payment
    NEED IN DEED
    211 N 13TH ST STE 501
    PHILADELPHIA,PA19107     		NONE 501(C)3 SERVICE LEARNING WORK 15,000
    Total .................................bullet 3b 15,000
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 27  
    4 Dividends and interest from securities....     14 100,442  
    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 1,168,534  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 6,644,517  
    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 7,913,520 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    137,913,520
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 25,575 25,575   0

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

    TY 2013 DepreciationSchedule
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FURNITURE 2006-01-01 6,793 6,491 200DB 7.000000000000 302 0    
    OFFICE EQUIPMENT 2006-01-01 2,676 2,676 200DB 5.000000000000 0 0    
    DESK & RETURN 2007-02-22 1,721 1,491 200DB 7.000000000000 154 230    
    LCD PROJECTOR 2007-05-04 779 674 200DB 7.000000000000 70 105    
    TRAVEL PROJECTOR & STAND 2007-04-30 490 425 200DB 7.000000000000 44 65    
    COMPUTER 2008-09-26 1,917 903 200DB 5.000000000000 55 288    
    POSTERS FOR OFFICE 2008-05-08 150 58 200DB 7.000000000000 7 21    
    FAX MACHINE 2008-10-08 180 84 200DB 5.000000000000 5 27    
    TOILET 2008-10-17 300 116 200DB 7.000000000000 13 43    
    TELEPHONE 2008-11-07 102 39 200DB 7.000000000000 5 15    
    PRINTER 2008-11-07 224 106 200DB 5.000000000000 6 37    
    HURRICANE SHUTTERS 2008-09-16 1,400 543 200DB 7.000000000000 62 200    

    TY 2013 InvestmentsOtherSchedule2
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS AT COST 58,426,833 63,191,007

    TY 2013 LandEtcSchedule2
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE 6,793 6,793 0  
    OFFICE EQUIPMENT 2,676 2,676 0  
    DESK & RETURN 1,721 1,645 76  
    LCD PROJECTOR 779 744 35  
    TRAVEL PROJECTOR & STAND 490 469 21  
    COMPUTER 1,917 1,917 0  
    POSTERS FOR OFFICE 150 140 10  
    FAX MACHINE 180 179 1  
    TOILET 300 279 21  
    TELEPHONE 102 95 7  
    PRINTER 224 224 0  
    HURRICANE SHUTTERS 1,400 1,305 95  


    TY 2013 OtherAssetsSchedule
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID FEDERAL INCOME TAX 48,103 114,626 114,626
    A/R - DIVIDENDS 18,894 3 3
    A/R - CAPITAL GAIN DIVIDENDS 419,422 941,094 941,094


    TY 2013 OtherExpensesSchedule
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 75 19   56
    INSURANCE 3,520 880   2,640
    OFFICE MAINTENANCE 3,544 886   2,658
    OFFICE EXPENSE 1,578 395   1,183
    COMPUTER SUPPLIES 250 62   188
    PAYROLL FEE 1,790 448   1,342
    POSTAGE 721 180   541
    EQUIPMENT RENT 693 173   520
    UTILITIES 5,513 1,378   4,135
    MEMBERSHIP FEES 725 181   544
    SUBSCRIPTIONS 368 92   276


    TY 2013 OtherIncomeSchedule2
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SILCHESTER INTL VALUE EQUITY TRUST 410,758 410,758 410,758
    METROPOLITAN REAL ESTATE PARTNERS IV LP 271 271 271
    METROPOLITAN REAL ESTATE PARTNERS V LP 14,855 14,855 14,855
    PARK STREET CAPITAL PRIVATE EQUITY FD VII LP 8,996 8,996 8,996
    PARK STREET CAPITAL PRIVATE EQUITY FD VIII LP 10,972 10,972 10,972
    PARK STREET CAPITAL NATURAL RESOURCE FD III LP 23,625 23,625 23,625
    METROPOLITAN REAL ESTATE PARTNERS VI LP 53,263 53,263 53,263
    PARK STREET CAPITAL NATURAL RESOURCE FD III CORP -1,813 -1,813 -1,813
    DAVIDSON KEMPNER INSTL PTRS LP 77,676 77,676 77,676
    MASON CAPITAL, LTD 527,781 527,781 527,781
    FIR TREE INTL VALUE FUND 25,025 25,025 25,025
    VAN ECK INTL GOLD FD 17,125 17,125 17,125


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS 200,000 200,000   0
    MANAGEMENT FEES 323,797 323,797   0


    TY 2013 TaxesSchedule
    Name:
    FORREST C & FRANCES H LATTNER FOUNDATION
    EIN: 20-3106502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 42,161 42,161   0
    INCOME TAX 51,237 0   0
    PAYROLL TAX 3,819 955   2,864
    OTHER 1,218 1,218   0