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
THE SMALLEY FOUNDATION INC
C/O ELLIN SMALLEY

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1385   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BROOKLINE, MA02446
A Employer identification number

13-6225947
B Telephone number (see instructions)

(617) 527-2269
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$2,736,453J 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) 100
2 Check bullet
3 Interest on savings and temporary cash investments 616 616 616
4 Dividends and interest from securities...... 65,582 65,244 65,582
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 51,380
b Gross sales price for all assets on line 6a 1,135,772
7 Capital gain net income (from Part IV, line 2)... 28,394
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 84   84
12 Total. Add lines 1 through 11........ 117,762 94,254 66,282
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 56,000 28,000 28,000 28,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,500 4,750 4,750 4,750
c Other professional fees (attach schedule).... Click to see attachment 18,704 18,704    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 2,285 2,285    
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 3,091 1,546 1,545 1,545
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 89,580 55,285 34,295 34,295
25 Contributions, gifts, grants paid........ 122,718 122,718
26 Total expenses and disbursements. Add lines 24 and 25 212,298 55,285 34,295 157,013
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -94,536
b Net investment income (if negative, enter -0-) 38,969
c Adjusted net income (if negative, enter -0-)... 31,987
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............... 57,903 116,891 116,891
2 Savings and temporary cash investments.......... 76,953 423,795 423,795
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........... 2,402 664 664
10a Investments—U.S. and state government obligations (attach schedule) 35,785 Click to see attachment38,284 38,284
b Investments—corporate stock (attach schedule)........ 2,397,086 Click to see attachment2,156,819 2,156,819
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)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,570,129 2,736,453 2,736,453
Liabilities 17 Accounts payable and accrued expenses.......... 10,000 10,000
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).......... 10,000 10,000
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 2,560,129 2,726,453
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).................... 2,560,129 2,726,453
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,570,129 2,736,453
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 2,560,129
2 Enter amount from Part I, line 27a..................... 2 -94,536
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 274,571
4 Add lines 1, 2, and 3.......................... 4 2,740,164
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 13,711
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,726,453
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 28,394
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      
2011      
2010      
2009      
2008      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 1 779
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............................ 3 779
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- ..... 5 779
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 2,005
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 2,005
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,226
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet1,226 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
     
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA, NY
    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.Click to see attachment
    10
    Yes
     
    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 ofbulletELLIN SMALLEY Telephone no.bullet (617) 527-2269
    Located atbulletPO BOX 1385BROOKLINEMA ZIP+4bullet02446
    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
    ELLIN SMALLEYClick to see attachment PRESIDENT
    1.00     		0 0 0
    60 LONGWOOD AVE
    BROOKLINE,MA02146
    MARTIN SAIMANClick to see attachment TREAS/CLERK
    1.00     		8,000 0 0
    425 PARK AVE
    NEW YORK,NY10022
    ELISA D DOYLEClick to see attachment SCHLSHIP CH
    1.00     		16,000 0 0
    228 ARDMORE AVE
    HADDONFIELD,NJ08033
    JEROME HALSBANDClick to see attachment FOUN MEMBER
    1.00     		8,000 0 0
    69 CLUB POINTE DR
    WHITE PLAINS,NY10605
    MARIE HOROWITTZClick to see attachment FOUN MEMBER
    1.00     		8,000 0 0
    87 HILLTOP DR
    MANHASSET,NY11030
    ARLENE HARRISClick to see attachment FOUN MEMBER
    1.00     		8,000 0 0
    425 PARK AVE
    NEW YORK,NY10022
    CONSTANTINE KREATSOULASClick to see attachment FOUN MEMBER
    1.00     		8,000 0 0
    611 FOXCROFT ROAD
    ELKINS PARK,PA19027
    ELISA D DOYLEClick to see attachment FOUN MEMBER
    1.00     		0 0 0
    228 ARDMORE AVENUE
    HADDONFIELD,NJ08033
    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 SCHOLARSHIPS TO COLLEGES AND TO DESERVING MALE AND FEMALE PUBLIC HIGH SCHOOL STUDENTS 122,718
    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
    131,903
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    779
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    779
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    131,124
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    131,124
    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
    131,124
    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 7 131,124
    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....... 98,087
    b From 2009....... 109,311
    c From 2010.......  
    d From 2011....... 46,091
    e From 2012....... 29,836
    fTotal of lines 3a through e......... 283,325
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 157,013
    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..... 131,124
    e Remaining amount distributed out of corpus 25,889
    5 Excess distributions carryover applied to 2013.    
    (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 5 309,214
    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 ..........     		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) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		98,087
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		211,127
    10 Analysis of line 9:
    a Excess from 2009.... 109,311
    b Excess from 2010....  
    c Excess from 2011.... 46,091
    d Excess from 2012.... 29,836
    e Excess from 2013.... 25,889
    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 or e-mail address of the person to whom applications should be addressed:
    APPLICATIONS ARE COMPLETED AND
    RETURNED TO GUIDANCE COUNSELORS
    BROOKLINE,MA02446
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS AVAILABLE UPON REQUEST FROM GUIDANCE SERVICES AND BY OFFICE OF FINANCIAL AID IN SCHOOLS WHERE SCHOLARSHIPS HAVE BEEN ESTABLISHED.
    cAny submission deadlines:
    DATES OF APPLICATION HAVE DEADLINES SUPPLIED BY GUIDANCE SERVICES AND FINANCIAL AID OFFICERS.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS ARE GRANTED ONLY TO STUDENTS ACCEPTED TO INSTITUTIONS WHERE SCHOLARSHIPS HAVE BEEN ESTABLISHED AND TO STUDENTS IN WORCESTER, MA AND YONKERS, NY PUBLIC HIGH SCHOOLS. GRANTS ARE PAID DIRECTLY TO SCHOOLS, NOT TO INDIVIDUALS.
    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
    UMASS AMHERST M FRIMPONG
    UNIVERSITY OF MASSACHUSET
    AMHERST,MA01003     		    SCHOLARSHIP 5,000
    UMASS AMHERST A MENSAH
    UNIVERSITY OF MASSACHUSET
    AMHERST,MA01003     		    SCHOLARSHIP 5,000
    CHAMPLAIN COLLEGE S ADAMS
    CHAMPLAIN COLLAEGE
    BURLINGTON,VT05401     		    SCHOLARSHIP 5,000
    UMASS DARTMOUTH S DAHAL
    UNIV MA DARTMOUTH
    DARTMOUTH,MA02747     		    SCHOLARSHIP 5,000
    RENSSELEAR POLYTECH S HUSSEIN
    RENSSELEAR POLYTECH
    TROY,NY12180     		    SCHOLARSHIP 5,000
    LEHMAN COLLEGE B LASKAWSKI
    LEHMAN COLLEGE
    NEW YORK,NY10468     		    SCHOLARSHIP 5,000
    BRANDEIS UNIVERSITY V NGUYEN
    BRANDEIS UNIVERSITY
    WALTHAM,MA02453     		    SCHOLARSHIP 5,000
    CLARK UNIVERSITY C OSORIO
    CLARK UNIVERSITY
    WORCESTER,MA01610     		    SCHOLARSHIP -9,645
    CITY COLLEGE C SOMAR
    CITY COLLEGE OF NY
    NEW YORK,NY10031     		    SCHOLARSHIP 5,000
    UMASS AMHERST T ADDAI
    UNIVERSITY OF MASSACHUSET
    AMHERST,MA01003     		    SCHOLARSHIP 10,000
    CITY COLLEGE OF NEW YORK B AGUILAR
    CITY COLLEGE OF NEW YORK
    NEW YORK,NY10031     		    SCHOLARSHIP 10,000
    MANHATTAN COLLEGE G ALMANZAR
    MANHATTAN COLLEGE
    RIVERDALE,NY10471     		    SCHOLARSHIP 3,963
    SIMMONS COLLEGE B DONAHUE
    SIMMONS COLLEGE
    BOSTON,MA02115     		    SCHOLARSHIP 10,000
    NEW YORK UNIVERSITY N GUERRERO
    NEW YORK UNIVERSITY
    NEW YORK,NY10012     		    SCHOLARSHIP 10,000
    SYRACUSE UNIVERSITY Y GUICHARDO
    SYRACUSE UNIVERSITY
    SYRACUSE,NY13244     		    SCHOLARSHIP 10,000
    WORCESTER POLYTECH INST D NAGATTI
    WORCESTER POLYTECHNIC INS
    WORCESTER,MA01602     		    SCHOLARSHIP 10,000
    WORCESTER STATE UNIV J PHINNEY
    WORCESTER STATE UNIVERSTY
    WORCESTER,MA01602     		    SCHOLARSHIP 8,400
    UMASS AMHERST K SASAKI
    UNIVERSITY OF MASSACHUSET
    AMHERST,MA01003     		    SCHOLARSHIP 10,000
    SUNY ALBANY L VELASQUEZ
    SUNY ALBANY
    ALBANY,NY12222     		    SCHOLARSHIP 10,000
    Total .................................bullet 3a 122,718
    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 ............     		    14 616  
    4 Dividends and interest from securities....     14 65,244 338
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    25 22,258 29,122
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPARTNERSHIPS         84
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   88,118 29,544
    13Total. Add line 12, columns (b), (d), and (e)..................
    13117,662
    (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:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT & TAX PREPARATION 9,500 4,750 4,750 4,750

    TY 2013 CompensationExplanation
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Person Name Explanation
    ELLIN SMALLEY  
    MARTIN SAIMAN  
    ELISA D DOYLE  
    JEROME HALSBAND  
    MARIE HOROWITTZ  
    ARLENE HARRIS  
    CONSTANTINE KREATSOULAS  
    ELISA D DOYLE  

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

    TY 2013 GainLossSaleOtherAssetsSch
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    420 ABBOTT LABS 2012-09 PURCHASE 2013-11   15,456 11,948     3,508  
    300 JP MORGAN CHASE & CO 2009-12 PURCHASE 2013-08   15,952 12,285     3,667  
    420 ABBIVE INC 2009-07 PURCHASE 2013-01   14,414 12,763     1,651  
    ABBIVE INC--FRACTIONAL SHARES 2013-01 PURCHASE 2013-01     193     -193  
    150 NESTLES 2009-12 PURCHASE 2013-08   10,109 9,403     706  
    250 ROYAL DUTCH SHELL 2012-09 PURCHASE 2013-05   16,334 18,774     -2,440  
    400 WISDOM TREE EMERGING MKT 2011-09 PURCHASE 2013-11   20,942 20,809     133  
    112 CHINA MOBILE LTD 2012-02 PURCHASE 2013-04   6,032 5,674     358  
    150 CHINA MOBILE LTD 2012-09 PURCHASE 2013-04   8,078 7,964     114  
    200 ISHARES BARCLAYS 1-3 YR 2011-09 PURCHASE 2013-08   16,864 16,954     -90  
    3689 PIMCO TOTAL RETURN 2012-09 PURCHASE 2013-08   39,784 42,546     -2,762  
    801 PIMCO TOTAL RETURN 2012-09 PURCHASE 2013-08   8,543 9,238     -695  
    1567 TCW EMERGING 2012-09 PURCHASE 2013-04   14,569 14,480     89  
    3042.046 TCW EMERGING 2012-09 PURCHASE 2013-12   25,594 27,645     -2,051  
    60 CUMMINS INC 2012-08 PURCHASE 2013-08   7,487 1,791     5,696  
    505 BLACKROCK HEALTH 2012-09 PURCHASE 2013-08   21,473 17,299     4,174  
    413 MATTHEWS ASIAN 2012-09 PURCHASE 2013-08   7,863 7,289     574  
    400 INVESCO LTD COM 2012-09 PURCHASE 2013-08   12,811 10,106     2,705  
    225 BAXTER INTERNATIONAL INC 2012-09 PURCHASE 2013-11   15,280 13,625     1,655  
    537 CPFL ENERGIA SA SPON 2012-09 PURCHASE 2013-04   11,766 11,885     -119  
    63 CPFL ENERGIA SA SPON 2012-09 PURCHASE 2013-04   1,373 1,394     -21  
    325 CITIGROUP INC 2012-09 PURCHASE 2013-08   16,499 10,900     5,599  
    1100 CORNING INC 2012-09 PURCHASE 2013-11   18,517 14,051     4,466  
    150 DISNEY WALT CO 2012-09 PURCHASE 2013-08   9,346 7,875     1,471  
    250 EGA EMERGING GLOBAL 2012-09 PURCHASE 2013-08   6,529 6,025     504  
    600 EXELON CORP 2012-09 PURCHASE 2013-06   18,895 21,250     -2,355  
    750 FORD MOTOR CO 2012-09 PURCHASE 2013-08   12,250 7,720     4,530  
    650 FORD MOTOR CO 2012-09 PURCHASE 2013-11   11,040 6,691     4,349  
    18 GOOGLE INC 2012-09 PURCHASE 2013-08   15,480 12,612     2,868  
    200 MERCK & CO INC NEW 2012-09 PURCHASE 2013-08   9,591 8,868     723  
    150 NEXTERA ENERGY INC 2012-09 PURCHASE 2013-08   12,456 10,220     2,236  
    100 PEPSICO INC 2012-09 PURCHASE 2013-08   8,085 7,046     1,039  
    375 SPDR GOLD TR GOLD 2012-09 PURCHASE 2013-06   46,331 63,642     -17,311  
    40 UNION PACIFIC CORP 2012-09 PURCHASE 2013-08   6,269 5,018     1,251  
    70 UNITED TECHNOLOGIES 2012-09 PURCHASE 2013-08   7,204 5,583     1,621  
    75 VISA INC COM CL A 2012-09 PURCHASE 2013-04   12,304 10,048     2,256  
    1200 VODAFONE GROUP SPON 2012-09 PURCHASE 2013-05   36,011 34,409     1,602  
    797 ISHARES TR S&P US 2012-09 PURCHASE 2013-06   30,718 31,930     -1,212  
    787 JP MORGAN CHASE & CO ALERIAN ML 2012-09 PURCHASE 2013-05   36,590 31,342     5,248  
    413 JP MORGAN CHASE & CO ALERIAN ML 2012-09 PURCHASE 2013-05   19,174 16,448     2,726  
    529 LINN CO LLC COM 2012-10 PURCHASE 2013-07   15,600 19,767     -4,167  
    431 LINN CO LLC COM 2012-10 PURCHASE 2013-07   12,917 16,787     -3,870  
    125 JOHNSON & JOHNSON 2013-01 PURCHASE 2013-08   11,197 9,234     1,963  
    223 OPPENHIEMER DEV 2013-04 PURCHASE 2013-08   7,810 7,855     -45  
    100 SCHLUMBERGER LTD 2013-05 PURCHASE 2013-08   8,189 7,730     459  
    694 HENNESSEY SMALL CAP 2013-07 PURCHASE 2013-08   10,744 10,506     238  
    8555.551 DOUBLELINE CORE FIXED INCOM 2012-01 PURCHASE 2013-02   96,298 96,050     248  
    20.000 DOUBLELINE CORE FIXED INCOME 2012-09 PURCHASE 2013-02   500 656     -156  
    5803.571 PIMCO TOTAL RETURN INSTL 2010-12 PURCHASE 2013-01   65,000 61,663     3,337  
    6173.837 PIMCO TOTAL RETURN INSTL 2013-03 PURCHASE 2013-09   66,430 66,731     -301  
    861 AMERICAN CAP AGY CORP 2012-01 PURCHASE 2013-09   19,675 25,010     -5,335  
    436 ISHARES IBOXX INVESTOP 2012-01 PURCHASE 2013-09   49,158 49,970     -812  
    1000 PIMCO TOTAL RETURN 2012-08 PURCHASE 2013-09   105,475 106,704     -1,229  
    921 INVESCO MORTGAGE CAPITAL INC 2013-01 PURCHASE 2013-09   14,372 19,986     -5,614  

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS    
    IBM 26,260 26,260
    NESTLE 30,104 30,104
    450 VECTREN 15,975 15,975
    ISHARES BARCLAYS 1-3 YR 90,540 90,540
    JP MORGAN CHASE 23,977 23,977
    ISHARES RUSSELL MIDCAP VALUE 11,171 11,171
    ISHARES TRUSSELL MIDCAP GR 20,668 20,668
    FIDELITY ADVISOR NEW INSIGHTS 65,637 65,637
    ROYCE VALUE PLUS 22,139 22,139
    200 ADP 16,160 16,160
    ROYAL DUTCH SHELL 24,411 24,411
    COLUMBIA ACORN 10,412 10,412
    GOLDMAN SACHS SMALL CAP VALUE 5,465 5,465
    JP MORGAN LARGE CAP 115,992 115,992
    MORGAN STANLEY FOCUS GROWTH 120,936 120,936
    OPPENHEIMER DEVELOPING MKT 38,513 38,513
    PIMCO TOTAL RETURN 44,474 44,474
    ROYCE MICRO CAP 7,093 7,093
    SUNAMERICA FOCUSED DIVIDEND 143,769 143,769
    TWEEDY BROWNE GLOBAL 8,828 8,828
    WASATCH FDS INTL 11,309 11,309
    GENERAL ELECTRIC 12,978 12,978
    ORACLE CORPORATION 33,477 33,477
    VODAFONE GROUP    
    WISDOM TREE EMERGING MARKET 18,677 18,677
    POWERSHARES DB COMMODITY INDEX 20,528 20,528
    VANGUARD REIT ETF 12,008 12,008
    NEUBERGER BERMAN SRATEGIC INCOME 78,405 78,405
    PIONEER STRATEGIC INCOME 76,993 76,993
    VAN ECK FDS GLOBAL 22,698 22,698
    AMERICAN CAPITAL AGENCY    
    ATLAS PIPELINE PARTNERS 7,010 7,010
    BLACKROCK INC 34,812 34,812
    CENTURY LINK 3,886 3,886
    CHEVRON 18,737 18,737
    COCA COLA 5,453 5,453
    EXXON MOBIL 5,262 5,262
    IBM 4,314 4,314
    ISHARES IBOXX    
    JOHNSON & JOHNSON 6,320 6,320
    JP MORGAN CHASE 16,959 16,959
    MCDONALD'S 4,366 4,366
    PIMCO TOTAL RETURN    
    PROCTOR & GAMBLE 6,513 6,513
    SEMPRA ENERGY 7,181 7,181
    WELLS FARGO 15,391 15,391
    WISDOMTREE TRUST EMERG MKT    
    INVESCO 25,480 25,480
    NAVIOS MARITIME PARTNERS 17,208 17,208
    BAXTER INTL    
    CPFL ENERGIA SA SPON    
    CHINA MOBILE    
    CITIGROUP 16,936 16,936
    CORNING INC    
    CUMMINS INC 11,982 11,982
    DANAHER 19,300 19,300
    DISNEY 19,100 19,100
    EGA EMERGING GLOBAL SHARES 17,472 17,472
    EXELON CORP    
    FORD MOTOR    
    GOOGLE 35,863 35,863
    INTEL 31,146 31,146
    ISHARES TR S & P PREF STK INDEX 35,099 35,099
    JP MORGAN CHASE ALERIAN MLP INDEX    
    LINN CO    
    MERCK 30,030 30,030
    NEXTERA ENERGY 21,405 21,405
    NOVO NORDISK 16,628 16,628
    PEPSICO 16,588 16,588
    SPDR GOLD TR GOLD SHARES    
    UNION PACIFIC 11,760 11,760
    UNITED TECHNOLOGIES 11,949 11,949
    VISA 55,670 55,670
    BLACKROCK HEALTH SCIENCES 16,731 16,731
    DOUBLINE CORE FIXED INCOME    
    MATTHEWS ASIAN GROWTH & INCOME 22,178 22,178
    PIMCO TOTAL RETURN    
    TCW EMERGING MARKETS    
    DUKE ENERGY CORP 10,144 10,144
    L BRANDS INC 12,803 12,803
    WEYERHAUSER CO 10,513 10,513
    ISHARES SILVER TRUST 3,125 3,125
    GOLDMAN SACHS STRATEGIC INCOME INC 76,468 76,468
    PIMCO INCOME P 50,738 50,738
    APPLE INC 15,708 15,708
    BARCLAYS BK PLC 23,298 23,298
    EXPRESS SCRIPTS HLDG CO 45,656 45,656
    JOHNSON & JOHNSON 16,028 16,028
    SCHLUMBERGER LTD COM 18,022 18,022
    SELECT SECTOR SPDR TR 25,421 25,421
    BLACKROCK STRATEGIC INCOME 96,703 96,703
    HENNESSY SMALL CAP FINANCIAL 30,115 30,115
    OPPENHEIMER DEV MARKETS FD CLASS Y 23,751 23,751

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

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


    38,284
    State & Local Government Securities - End of Year Fair Market Value:


    38,284


    TY 2013 OtherDecreasesSchedule
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Description Amount
    DIFFERENCE IN GAIN ON SALE OF INVESTMENTS AT COST 13,709
    & INVESTMENTS ON FINANCIAL STATEMENT RECORDED AT 1
    MARKET VALUE 1


    TY 2013 OtherExpensesSchedule
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    FILING FEES 885 442 443 443
    OFFICE, TRAVEL, ADVERTISING 323 162 161 161
    ANNUAL MEETING EXPENSE 1,883 942 941 941


    TY 2013 OtherIncomeSchedule2
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIPS 84   84


    TY 2013 OtherIncreasesSchedule
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Description Amount
    UNREALIZED GAIN ON SECURITIES 274,570
    DIFFERENCE IN GAIN ON SALE OF INVESTMENTS AT COST 1
    & INVESTMENTS ON FINANCIAL STATEMENT RECORDED AT 1
    MARKET VALUE -1


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 18,704 18,704    


    TY 2013 SubstantialContributorsSch
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Name Address
    ELLIN SMALLEY PO BOX 1385
    BROOKLINE,MA02446


    TY 2013 TaxesSchedule
    Name:
    THE SMALLEY FOUNDATION INC
    C/O ELLIN SMALLEY
    EIN: 13-6225947
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 546 546    
    EXCISE TAX 1,739 1,739