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
ISLAND FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)589 MILL STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MARION, MA02738
A Employer identification number

04-2670567
B Telephone number (see instructions)

(508) 748-2809
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$61,714,943J 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 135 135  
4 Dividends and interest from securities...... 1,592,738 1,592,738  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,234,119
b Gross sales price for all assets on line 6a 10,660,394
7 Capital gain net income (from Part IV, line 2)... 3,234,119
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,826,992 4,826,992 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 100,000 10,000 0 0
14 Other employee salaries and wages...... 61,965 6,197 0 0
15 Pension plans, employee benefits....... 92,707 9,271 0 0
16a Legal fees (attach schedule)......... Click to see attachment 2,133 213 0 0
b Accounting fees (attach schedule)....... Click to see attachment 13,460 1,346 0 0
c Other professional fees (attach schedule).... Click to see attachment 32,257 30,226 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 107,867 1,265 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 8,171 0 8,171
20 Occupancy.............. 21,923 2,192 0 0
21 Travel, conferences, and meetings....... 11,391 1,139 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 41,681 4,169 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 493,555 66,018 8,171 0
25 Contributions, gifts, grants paid........ 2,691,006 2,709,006
26 Total expenses and disbursements. Add lines 24 and 25 3,184,561 66,018 8,171 2,709,006
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,642,431
b Net investment income (if negative, enter -0-) 4,760,974
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 2,058,767 268,466 268,466
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........... 4,243    
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)........... 53,464,951 Click to see attachment61,290,982 61,290,982
14 Land, buildings, and equipment: basis bullet310,085
Less: accumulated depreciation (attach schedule) bullet154,590 155,866 Click to see attachment155,495 155,495
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 55,683,827 61,714,943 61,714,943
Liabilities 17 Accounts payable and accrued expenses.......... 18,839 24,295
18 Grants payable................... 134,000 152,000
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment58,589 Click to see attachment228,199
23 Total liabilities (add lines 17 through 22).......... 211,428 404,494
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 55,472,399 61,310,449
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).................... 55,472,399 61,310,449
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 55,683,827 61,714,943
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 55,472,399
2 Enter amount from Part I, line 27a..................... 2 1,642,431
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 4,195,619
4 Add lines 1, 2, and 3.......................... 4 61,310,449
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 61,310,449
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 CHARLES SCHWAB 46486556 SHORT TERM P    
b CHARLES SCHWAB 46486556 LONG TERM P    
c CHARLES SCHWAB XXX-XX-XXXX SHORT TERM P    
d CHARLES SCHWAB 78812090 LONG TERM P    
e CAPITAL GAIN DISTRIBUTIONS P    
CAPITAL GAIN DISTRIBUTIONS 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 1,572,593   1,293,188 279,405
b 5,977,855   4,665,467 1,312,388
c 1,294,794   1,221,970 72,824
d 1,815,152   1,540,420 274,732
e       647,385
      647,385
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       279,405
b       1,312,388
c       72,824
d       274,732
e       647,385
      647,385
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 3,234,119
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 3 999,614
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 2,673,000 51,682,224 0.051720
2011 2,081,371 38,616,714 0.053898
2010 1,904,201 36,222,741 0.052569
2009 1,878,492 31,930,265 0.058831
2008 2,330,307 38,246,283 0.060929
2 Total of line 1, column (d) ...................... 2 0.277947
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 0.055589
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 57,319,463
5 Multiply line 4 by line 3....................... 5 3,186,332
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 47,610
7 Add lines 5 and 6......................... 7 3,233,942
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,709,006
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 95,219
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 95,219
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 95,219
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 41,360
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 41,360
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 53,859
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletOLIVER MOORE TREASURER Telephone no.bullet (508) 748-2809
    Located atbullet589 MILL STREETMARIONMA ZIP+4bullet02738
    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
    HANNAH MOORE PRESIDENT
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    PETER NESBEDA DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    DOUGLAS WATSON DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    DENISE PORCHE ASSISTANT CLERK
    40.00     		100,000 24,295 0
    589 MILL STREET
    MARION,MA02738
    MICHAEL PUZO CLERK
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    KATHARINE CLARK DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    KIM CLARK VICE PRESIDENT
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    STEPHEN CLARK DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    WILLIAM CLARK DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    DAVID CLARK DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    CHRISTOPHER MOORE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    MICHAEL MOORE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    OLIVER MOORE TREASURER
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    SAMUEL MOORE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    WILLIAM MOORE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    HANNAH NESBEDA DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    JOANN WATSON DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    CHRISTOPHER TUPPER DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    EMILY RICE DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    HELEN TUPPER DIRECTOR
    5.00     		0 0 0
    589 MILL STREET
    MARION,MA02738
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE FOUNDATION'S PRIORITIES FALL WITHIN THREE MAJOR CATEGORIES - ENVIRONMENT, COMMUNITY DEVELOPMENT IN NEW BEDFORD AND ALTERNATIVE EDUCATION. 0
    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
    2,865,973
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    95,219
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    95,219
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,770,754
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,770,754
    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
    2,770,754
    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 2,770,754
    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.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012....... 130,238
    fTotal of lines 3a through e......... 130,238
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 2,709,006
    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..... 2,709,006
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 61,748 61,748
    (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 68,490
    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) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		68,490
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012.... 68,490
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DENISE PORCHE
    589 MILL STREET
    MARION,MA02738
    (508) 748-2809
    bThe form in which applications should be submitted and information and materials they should include:
    APPLYING IS A TWO-STEP PROCESS - A LETTER OF INQUIRY OR PHONE CALL AND SENDING THE FOUNDATION A FULL PROPOSAL. INCLUDE WITH LETTER OF INQUIRY A DESCRIPTION OF THE PROJECT, OR CALL THE FOUNDATION TO DISCUSS THE PROJECT IDEA. INCLUDE WITH THE PROPOSAL A COVER LETTER THAT SPECIFIES THE AMOUNT OF FUNDING SOUGHT, SUMMARY OF THE PROPOSAL IDEA, PRODUCTS AND TIMEFRAME. THREE TO FIVE PAGES WHICH BRIEFLY DESCRIBE THE HISTORY OF THE ORGANIZATION, PROJECT GOALS, METHODS FOR REACHING GOALS, NEED FOR THE PROJECT,QUALIFICATIONS OF THE ORGANIZATION AND STAFF AND MEASURES OF SUCCESS. ATTACH A PROJECT BUDGET AND PAST AND CURRENT YEAR BUDGETS FOR THE OVERALL ORGANIZATION, RECENT FINANCIAL STATEMENT OR AUDIT, LIST OF BOARD OF DIRECTORS AND STAFF, IRS DETERMINATION LETTER INDICATING EXEMPT STATUS, ALSO IF USING A FISCAL AGENT PLEASE INCLUDE A LETTER FROM THIS ORGANIZATION AND SUPPLEMENTARY MATERIALS SUCH AS ANNUAL REPORTS, NEWSLETTERS, MEDIA COVERAGE AND OR BROCHURES.
    cAny submission deadlines:
    DUE MARCH 1ST, JUNE 1ST, SEPTEMBER 1ST, DECEMBER 1ST FOR FUNDS TO BE DISTRIBUTED THE FOLLOWING MONTH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION DOES NOT SUPPORT REQUESTS FROM INDIVIDUALS, RELIGIOUS ORGANIZATIONS OR FOR PROFIT ORGANIZATIONS.
    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
    3RD EYE YOUTH EMPOWERMENT INC
    28 UNION STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL SUPPORT 10,000
    ALEXANDRIA SEAPORT FOUNDATION
    PO BOX 25036
    ALEXANDRIA,VA22313     		  NON-PROFIT GENERAL SUPPORT 4,334
    ALMA DEL MAR CHARTER SCHOOL
    26 MADEIRA AVENUE
    NEW BEDFORD,MA02746     		  NON-PROFIT TEACHER LEADERSHIP DEVELOPMENT 15,000
    AMMONOOSUC CONSERVATION TRUST
    107 GLESSNER ROAD
    BETHLEHEM,NH03574     		  NON-PROFIT GENERAL SUPPORT 5,000
    ARTWORKS PARTNERS FOR THE ARTS & COMMUNITY INC
    384 ACUSHNET AVENUE
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL PURPOSE 25,000
    ASSOCIATED SCIENTISTS AT WOODS HOLE
    PO BOX 721
    WOODS HOLE,MA02453     		  NON-PROFIT RIGHT WHALE NEWS; COST-SHARE SUPPORT FOR 2012 PUBLICATION 2,000
    AUDOBON NEBRASKAROWE SANCTUARY
    44450 ELM ISLAND ROAD
    GIBBON,NE68840     		  NON-PROFIT GENERAL SUPPORT 21,667
    AVIAN HAVEN
    418 NORTH PALERMO ROAD
    FREEDOM,ME04941     		  NON-PROFIT GENERAL SUPPORT 2,000
    BIGELOW LABORATORY FOR OCEAN SCIENCES
    60 BIGELOW DRIVE
    EAST BOOTHBAY,ME04544     		  NON-PROFIT GENERAL SUPPORT 5,000
    BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM
    780 ALBANY STREET
    BOSTON,MA02118     		  NON-PROFIT GENERAL SUPPORT 10,000
    BOYS & GIRLS CLUB OF GREATER NEW BEDFORD
    166 JENNEY STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL SUPPORT 20,000
    BOYS & GIRLS CLUB OF GREATER NEW BEDFORD
    166 JENNEY STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT WAREHAM MLK DAY 500
    BOYS & GIRLS CLUB OF GREATER NEW BEDFORD
    166 JENNEY STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT WAREHAM MLK DAY 500
    BRIDGEWATER STATE UNIVERSITY
    131 SUMMER STREET
    BRIDGEWATER,MA02325     		  NON-PROFIT BRIDGE PARTNERSHIP ACADEMIC YEAR EXPANSION 25,000
    BUZZARDS BAY COALITION
    34 BARSTOW STREET
    MATTAPOISETT,MA02739     		  NON-PROFIT NITROGEN POLLUTION REDUCTION EFFORTS 25,000
    BUZZARDS BAY MUSICFEST
    PO BOX 865
    MARION,MA02738     		  NON-PROFIT GENERAL SUPPORT/ PENZANCE FUND 5,000
    CATHOLIC SOCIAL SERVICES
    PO BOX 1210
    NEW BEDFORD,MA02740     		  NON-PROFIT SISTER ROSE HOUSE 40,000
    CHAPLAINCY INSTITUTE OF MAINE
    PO BOX 3833
    PORTLAND,ME04104     		  NON-PROFIT IN HONOR OF JACOB WATSON 10,834
    CHILD & FAMILY SERVICES
    1061 PLEASENT STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT BIG BROTHERS BIG SISTERS OF CHILD & FAMILY SERVICES 10,000
    CITIZENS' HOUSING AND PLANNING ASSOCIATION
    18 TREMONT STREET
    BOSTON,MA02108     		  NON-PROFIT MA SMART GROWTH ALLIANCE/ GREAT NEIGHBORHOODS NEW BEDFORD 13,000
    CLIMATE CENTRAL
    ONE PALMER SQUARE
    PRINCETON,NJ08542     		  NON-PROFIT PHYSICAL AND SOCIAL VULNERABILITY TO SEA LEVEL RISE - ANALYSIS AND TOOLS 35,000
    COALITION AGAINST POVERTY
    105 WILLIAM STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT NEW BEDFORD GRASSROOTS ANTI-POVERTY ORGANIOZING PROJECT 10,000
    COMMUNITY BOATING CENTER
    1641 PANDANARAM AVENUE
    NEW BEDFORD,MA02740     		OLIVER MOORE TREASURER NON-PROFIT GENERAL SUPPORT 15,000
    COMMUNITY BOATING CENTER
    1641 PANDANARAM AVENUE
    NEW BEDFORD,MA02740     		OLIVER MOORE TREASURER NON-PROFIT GENERAL SUPPORT 21,667
    COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SOUTHEASTERN MA
    1285 ACUSHNET AVENUE
    NEW BEDFORD,MA02746     		JO-ANN WATSON TRUSTEE NON-PROFIT FISHING FAMILY TAX ASSISTANCE PROGRAM/SAILORS' SNUG HARBOR 5,000
    COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SOUTHEASTERN MA
    1285 ACUSHNET AVENUE
    NEW BEDFORD,MA02746     		  NON-PROFIT GENERAL SUPPORT 25,000
    COMMUNITY ECONOMIC DEVELOPMENT CENTER OF SOUTHEASTERN MA
    1285 ACUSHNET AVENUE
    NEW BEDFORD,MA02746     		  NON-PROFIT WORKING WATERFRONT FESTIVAL 15,000
    COMMUNITY FOUNDATION OF SOUTHEASTERN MA
    63 UNION STREET
    NEW BEDFORD,MA02740     		KIM CLARK DIRECTOR EMIRITUS NON-PROFIT AHA NEW BEDFORD GENERAL SUPPORT 20,000
    COMMUNITY FOUNDATION OF SOUTHEASTERN MA
    63 UNION STREET
    NEW BEDFORD,MA02740     		KIM CLARK DIRECTOR EMIRITUS NON-PROFIT SOUTHEASTERN MA FOOD 12,000
    COMMUNITY FOUNDATION OF SOUTHEASTERN MA
    63 UNION STREET
    NEW BEDFORD,MA02740     		KIM CLARK DIRECTOR EMIRITUS NON-PROFIT WISE WOMAN PROGRAM 25,000
    COMMUNITY FOUNDATION OF SOUTHEASTERN MA
    63 UNION STREET
    NEW BEDFORD,MA02740     		KIM CLARK DIRECTOR EMIRITUS NON-PROFIT PROFESSIONAL TRAINGING DAY ON LEADERSHIP 5,000
    COMMUNITY FOUNDATION OF SOUTHEASTERN MA
    63 UNION STREET
    NEW BEDFORD,MA02740     		KIM CLARK DIRECTOR EMIRITUS NON-PROFIT SEEAL/SOUTHCOAST ENERGY CHALLENGE 20,000
    COMMUNITY RESOURCES NETWORK
    PO BOX 550
    WAREHAM,MA02571     		  NON-PROFIT GENERAL SUPPORT 1,000
    CONSERVATION LAW FOUNDATION
    62 SUMMER STREET
    BOSTON,MA02110     		  NON-PROFIT N. ATLANTIC RIGHT WHALE PROTECTION 25,000
    COOL EARTH
    2 PARK STREET
    LONDON    
    UK     		  FOREIGN PUBLIC CHARI GENERAL SUPPORT 7,222
    CROSSROADS RI HOMELESS SHELTER AND SERVICES
    160 BROAD STREET
    PROVIDENCE,RI02903     		  NON-PROFIT GENERAL SUPPORT 14,333
    DENNISON MEMORIAL COMMUNITY CENTER
    755 SOUTH FIRST STREET
    NEW BEDFORD,MA02744     		  NON-PROFIT TEEN NIGHTS PROGRAM/GENERAL SUPPORT 25,000
    DREAM OUT LOUD CENTER INC
    13 NORTH SIXTH STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT CREATIVE CAREERS PROGRAM 10,000
    EAST BAY COMMUNITY ACTION PROGRAMCOALITION FOR THE HOMELESS
    100 BUTTOCK POINT AVENUE
    EAST PROVIDENCE,RI02915     		  NON-PROFIT GENERAL SUPPORT 1,000
    ECORI NEWS
    111 HOPE STREET
    PROVIDENCE,RI02906     		  NON-PROFIT ECORI NEWS WRITING PROJECT 2,500
    EPISCOPAL DIOCESE OF NHST FRANCIS' CHAPEL
    63 GREEN STREET
    CONCORD,NH03301     		  NON-PROFIT ST FRANCIS' CHAPEL 5,000
    FALMOUTH ACADEMY
    7 HIGHFIELD DRIVE
    FALMOUTH,MA02540     		  NON-PROFIT GENERAL SUPPORT 33,334
    FEDERATED CHURCH OF MARLBOROUGH
    16 PLEASANT STREET
    MARLBOROUGH,MA03455     		  NON-PROFIT FOR THE COMMUNITY HOUSE 6,667
    FOSTER PARROTS
    PO BOX 650
    ROCKLAND,MA02370     		  NON-PROFIT GENERAL SUPPORT 4,334
    FRIENDS OF SOUTH GEORGIA ISLAND
    25 DAKOTA MEADOWS
    CARBONDALE,CO81623     		MICHAEL MOORE DIRECTOR NON-PROFIT GENERAL SUPPORT 43,334
    FRIENDS OF SOUTH GEORGIA ISLAND
    25 DAKOTA MEADOWS
    CARBONDALE,CO81623     		MICHAEL MOORE DIRECTOR NON-PROFIT GENERAL SUPPORT 11,667
    GALLERY X
    169 WILLIAM STREET
    NEW BEDFORD,MA02748     		  NON-PROFIT GENERAL SUPPORT 12,000
    GIFTS OF MUSIC
    PO BOX 264
    ORRINGTON,ME04474     		  NON-PROFIT GENERAL SUPPORT 2,000
    GK 1 WORLD FOUNDATION
    13860 STOWE DRIVE
    POWAY,CA92064     		  NON-PROFIT GENERAL SUPPORT 7,222
    GLOBAL GREENGRANTS FUND
    2840 WILDERNESS PLACE SUITE A
    BOULDER,CO80301     		  NON-PROFIT GENERAL SUPPORT 15,000
    GOOD SHEPHARD FOOD BANK
    PO BOX 1807
    AUBURN,ME04211     		  NON-PROFIT GENERAL SUPPORT 10,000
    GULF OF MAINE RESEARCH INSTITUTE
    350 COMMERCIAL STREET
    PORTLAND,ME04101     		  NON-PROFIT ECONOMIC ADVICE TO ADVANCE FISHERY MANAGEMENT 25,000
    GULF OF MAINE RESEARCH INSTITUTE
    350 COMMERCIAL STREET
    PORTLAND,ME04101     		  NON-PROFIT POWERHOUSE 60,000
    HOLBROOK COMMUNITY FOUNDATION
    9 GILMAN AVE
    BRUNSWICK,ME04011     		  NON-PROFIT GENERAL SUPPORT 5,000
    HULL LIFESAVING MUSEUM
    1117 NANTASKET AVENUE
    HULL,MA02045     		  NON-PROFIT GENERAL SUPPORT 4,334
    IMMIGRANTS' ASSISTANCE CENTER INC
    58 CRAPO STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL SUPPORT GRANT FOR IMMIGRANT FAMILIES 20,000
    IRISH WHALE AND DOLPHIN GTOUP
    MERCHANTS QUAY
    KILRUSH    
    EI     		  FOREIGN PUBLIC CHARI CAPE VERDE HUMPBACK WHALE PROJECT 20,000
    JONES RIVER WATERSHED ASSOCIATION
    PO BOX 73
    KINGSTON,MA02364     		  NON-PROFIT CAPE COD BAY ADVOCACY 10,000
    JR ACHIEVEMENT OF SOUTHERN MA
    227 UNION STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT JR ACHIEVEMENT K-12 PROGRAMS 15,000
    KITTY ANGELS
    PO BOX 638
    TYNGSBOROUGH,MA01879     		  NON-PROFIT GENERAL SUPPORT 5,000
    LAHEY CLINIC GENERAL FUND
    PHILANTROPY DEPT
    BURLINGTON,MA01805     		  NON-PROFIT GENERAL SUPPORT 15,834
    LAND TRUST ALLIANCE
    1660 L ST NW SUITE 1100
    WASHINGTON,DC200365635     		  NON-PROFIT SUPPORT FOR RALLY 10,000
    LIGHTHAWK
    106 RAVINE DRIVE
    CUMBERLAND,ME04110     		  NON-PROFIT FLYING FOR CONSERVATION IN THE NORTHEAST 2013 15,000
    LLOYD CENTER FOR THE ENVIRONMENT
    430 POTOMSKA ROAD
    DARTMOUTH,MA02748     		  NON-PROFIT CLIMAT SCIENCE LEARNING PROJECT 15,000
    MA DEPARTMENT OF ARGICULTURAL RESOURCES
    251 CAUSEWAY ST SUITE 500
    BOSTON,MA02114     		  GOVERNMENT MA FOOD POLICY EXPANDABLE TRUST 5,000
    MA DIVISION OF FISHERIES AND WILDLIFE
    1 RABBIT HILL
    WESTBOROUGH,MA01581     		  GOVERNMENT BUZZARDS BAY TERN RESTORATION PROJECT 40,000
    MARION INSTITUTE
    202 SPRING STREET
    MARION,MA02738     		  NON-PROFIT CONNECTING FOR CHANGE: A BIONEERS BY THE BSY CONFERENCE 10,000
    MARION INSTITUTE
    202 SPRING STREET
    MARION,MA02738     		  NON-PROFIT GROW EDUCATION 10,000
    MARION INSTITUTE
    202 SPRING STREET
    MARION,MA02738     		  NON-PROFIT I AM SOMEBODY 10,000
    MASS AUDOBON
    208 SOUTH GREAT ROAD
    LINCOLN,MA01773     		  NON-PROFIT MASS AUDOBON'S COASTAL WATERBIRD PROGRAM 30,000
    MASS AUDOBON
    208 SOUTH GREAT ROAD
    LINCOLN,MA01773     		  NON-PROFIT GENERAL SUPPORT OF COASTAL WATERBIRD PROGRAM 5,000
    MASSACHUSETTS ASSOCIATION OF CONSERVATION COMMISSIONS
    10 JUNIPER ROAD
    BELMONT,MA02478     		  NON-PROFIT MACC ANNUAL ENVIRONMENTAL CONFERENCE 5,000
    MASSACHUSETTS LAND TRUST COALITION
    18 WOLBACH ROAD
    SUDBURY,MA01776     		  NON-PROFIT GENERAL SUPPORT 10,000
    MEMPHIS AREA GOLDEN RETRIEVER RESCUE
    PO BOX 383122
    GERMANTOWN,TN38183     		  NON-PROFIT GENERAL SUPPORT 1,000
    MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH
    498 7TH AVE 18TH FLOOR
    NEW YORK,NY10018     		  NON-PROFIT PARKINSON RESEARCH STUDIES 50,000
    MID-COAST HUNGER PREVENTION PROGRAM
    84A UNION STREET
    BRUNSWICK,ME04011     		  NON-PROFIT THE BACKPACK PROGRAM 7,667
    MONADNOCK CONSERVANCY
    PO BOX 337
    KEENE,NH03431     		  NON-PROFIT GENERAL SUPPORT 5,000
    NARROWS CENTER FOR THE ARTS
    16 ANAWAN STREET
    FALL RIVER,MA02721     		  NON-PROFIT GENERAL SUPPORT 4,333
    NATIVITY PREPARATORY SCHOOL NEW BEDFORD
    66 SPRING STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL SUPPORT FOR TECHNOLOGY 25,000
    NATURAL RESOURCES COUNCIL OF MAINE
    3 WADE STREET
    AUGUSTA,ME04330     		  NON-PROFIT PROTECTING THE NATURE OF MAINE 30,000
    NEW BEDFORD COMMUNITY ROWING
    1213 PURCHASE ST 2ND FLOOR
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL SUPPORT 10,000
    NEW BEDFORD EDUCATION FOUNDATION
    PO BOX 6250
    NEW BEDFORD,MA02740     		DENISE PORCHE SPECIAL ADVISOR NON-PROFIT GENERAL SUPPORT 15,000
    NEW BEDFORD HISTORICAL SOCIETY
    21 7TH STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL SUPPORT 10,000
    NEW BEDFORD KIDS SCHOLARSHIP PROGRAM
    PO BOX 79198
    DARTMOUTH,MA02747     		  NON-PROFIT NB STAR KIDS OPERATING COSTS 10,000
    NEW BEDFORD MUSEUM AND ART CENTER INC
    68 PLEASANT STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT NEW BEDFORD HARBOR IN A NEW LIGHT 10,000
    NEW BEDFORD OCEANARIUM CORP
    174 UNION STREET
    NEW BEDFORD,MA02741     		  NON-PROFIT STEMMING THE TIDE: ENHANCING THE EDUCATIONAL OPPORTUNITIES 15,000
    NEW BEDFORD SYMPHONY ORCHESTRA
    PO BOX 2053
    NEW BEDFORD,MA02741     		  NON-PROFIT YOUNG PEOPLE'S CONCERTS 10,000
    NEW BEDFORD WHALINGMUSEUM
    18 JOHNNY CAKE HILL
    NEW BEDFORD,MA02740     		  NON-PROFIT EDUCATION PROGRAM FOR NEW BEDFORD YOUTH 20,000
    NEW BEDFORD WHALINGMUSEUM
    18 JOHNNY CAKE HILL
    NEW BEDFORD,MA02740     		  NON-PROFIT APPRENTICE PROGRAM 30,000
    NEW DIRECTIONS SOUTHCOAST INC
    5 DOVER STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT MAYOR'S LEARN AND SERVE SUMMER YOUTH PROGRAM 5,000
    NEW ENGLAND ACQUARIUM
    NEW ENGLAND ACQUARIUM
    BOSTON,MA02110     		MICHAEL MOORE BOARD MEMBER NON-PROFIT NORTH ATLANTIC RIGHT WHALE CONSORTIUM 12,995
    NEW ENGLAND ACQUARIUM
    NEW ENGLAND ACQUARIUM
    BOSTON,MA02110     		  NON-PROFIT RIGHT WHALE RESEARCH MONITORING AND CONSERVATION IN THE BAY OF FUND 50,000
    NEW ENGLAND FARMERS UNION EDUCATION FOUNDATION
    P O BOX 226
    SHELBURNE FALLS,MA01370     		  NON-PROFIT BUY LOCAL CARBON 25,000
    NORTH & SOUTH RIVER WATERSHED ASSOCIATION
    PO BOX 43
    NORWELL,MA02061     		  NON-PROFIT WATERSHED ACTION ALLIANCE OF SOUTHEASTERN MASSACHUSETTS OUTREACH PROGRAM 10,000
    NORTHSTAR LEARNING CENTERS
    53 LINDEN STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT ROOTS: CONNECTING THE PAST TO OUR FUTURE 5,000
    OUR SISTERS' SCHOOL INC
    145 BROWNELL AVE
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL SUPPORT 13,000
    PARTNERS IN HEALTH
    PO BOX 845578
    BOSTON,MA02284     		  NON-PROFIT GENERAL SUPPORT 10,000
    PAUL CUFFEE SCHOOL
    459 PROMENADE STREET
    PROVIDENCE,RI02908     		  NON-PROFIT HANDS ON ENVIRONMENTAL EDUCATION EXPERIENCES TO ENHANCE MIDDLE SCHOOL 5,000
    PENOBSCOT EAST RESOURCE CENTER
    PO BOX 27
    STONINGTON,ME04681     		  NON-PROFIT FISHERMAN'S LEADERSHIP 20,000
    PEOPLE ACTING IN COMMUNITY ENDEAVORS (PACE) INC
    166 WILLIAM STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT PACE YOUTHBUILD NEW BEDFORD 20,000
    PEOPLE ACTING IN COMMUNITY ENDEAVORS (PACE) INC
    166 WILLIAM STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT THE H.O.P.E. COLLABORATIVE 5,000
    PEOPLE ACTING IN COMMUNITY ENDEAVORS (PACE) INC
    166 WILLIAM STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT PACE LIFELINE 20,000
    PKD FOUNDATION
    8330 WARD PARKWAY
    KANSAS CITY,MO64114     		  NON-PROFIT GENERAL SUPPORT 50,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA
    434 WEST 33RD STREET
    NEW YORK,NY10001     		  NON-PROFIT GENERAL SUPPORT / GLOBAL PROGRAMS 25,000
    PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND
    345 WHITNEY AVENUE
    NEW HAVEN,CT06511     		  NON-PROFIT GENERAL SUPPORT 21,667
    PRESERVE RHODE ISLAND
    957 NORTH MAIN STREET
    PROVIDENCE,RI02904     		  NON-PROFIT GENERAL SUPPORT 1,000
    PROVINCETOWN CENTER FOR COASTAL STUDIES
    115 BRADFORD STREET
    PROVINCETON,MA02653     		  NON-PROFIT COMMUNICATING COASTAL CHANGE 25,000
    PROVINCETOWN CENTER FOR COASTAL STUDIES
    115 BRADFORD STREET
    PROVINCETON,MA02653     		  NON-PROFIT MONTHLY AERIAL SURVEYS OF SEAL HAUL OUTS 20,000
    QUEBEC-LABRADOR FOUNDATION INC
    55 SOUTH MAIN STREET
    IPSWICH,MA01938     		JO-ANN WATSON DIRECTOR NON-PROFIT INVESTING IN NEXT GENERATION OF COMMUNITY LEADERS 50,000
    RED TOMATO
    76 EVERETT SKINNER ROAD
    PLAINVILLE,MA02762     		  NON-PROFIT SCALING UP NORTHEAST REGIONAL FOOD SYSTEMS 20,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    ONE SHIELDS AVENUE
    DAVIS,CA95616     		  NON-PROFIT INVESTIGATING ONGOING UNUSUAL MORTALITY OF SOUTHERN RIGHT WHALES 20,000
    RHODE ISLAND COMMUNITY FOOD BANK
    200 NIANTIC AVENUE
    PROVIDENCE,RI02907     		  NON-PROFIT GENERAL SUPPORT 5,667
    RI SOCIETY FOR PREVENTION OF CRUELTY TO ANIMALS
    186 AMARAL STREET
    RIVERSIDE,RI02915     		  NON-PROFIT GENERAL SUPPORT 4,333
    RI VETERINARY MEDICINE ASSOCIATIONCOMPANION ANIMAL FOUNDATION
    11 SOUTH ANGELL STREET
    PROVIDENCE,RI02906     		  NON-PROFIT GENERAL SUPPORT 1,000
    ROSIE'S PLACE
    889 HARRISON AVE
    BOSTON,MA02118     		  NON-PROFIT GENERAL SUPPORT 4,333
    RUFF RESIDENTS UNITED FOR FURRY FRIENDS
    PO BOX 568
    WARREN,RI02855     		  NON-PROFIT GENERAL SUPPORT 4,334
    RUFF RESIDENTS UNITED FOR FURRY FRIENDS
    PO BOX 568
    WARREN,RI02885     		  NON-PROFIT GENERAL SUPPORT 3,000
    SAVE THE BAY INC
    100 SAVE THE BAY DRIVE
    PROVIDENCE,RI02905     		STEVE CLARK DIRECTOR NON-PROFIT GENERAL SUPPORT 35,000
    SEMAP
    63 UNION STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT SOUTHEASTERN MA AGRICULTURAL PARTNERSHIP 30,000
    SEMAP
    63 UNION STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT FACILITATION SUPPORT 5,000
    SIPPICAN LANDS TRUST INC
    354 FRONT STREET
    MARION,MA02738     		  NON-PROFIT GENERAL SUPPORT 5,000
    SOUTH COASTAL COUNTIES LEGAL SERVICES INC
    22 BEDFORD STREET
    FALL RIVER,MA02722     		  NON-PROFIT EDUCATION ADVOCACY PROJECT - NEW BEDFORD 20,000
    SOUTHEASTERN REGIONAL PLANNING AND ECONOMIC DEVELOPMENT DISTRICT
    88 BROADWAY
    TAUNTON,MA02780     		  GOVERNMENT COASTAL ADAPTATION FOR FLOOD HAZARD ASSESSMENT 10,000
    SOUTHEASTERN REGIONAL PLANNING AND ECONOMIC DEVELOPMENT DISTRICT
    88 BROADWAY
    TAUNTON,MA02780     		  GOVERNMENT SUPPORTING REGIONAL COMMUNITY GARDENS AND URBAN ARGICULTURE 12,505
    SOUTHSIDE COMMUNITY LAND TRUST
    109 SOMERSET STREET
    PROVIDENCE,RI02907     		  NON-PROFIT GENERAL SUPPORT 25,000
    TEACH FOR AMERICA - GREATER COSTON
    60 CANAL STREET 5TH FLOOR
    BOSTOM,MA02114     		  NON-PROFIT EXPANDING EDUCATIONAL OPPORTUNITY 15,000
    THE COMPACT OF CAPE COD CONSERVATION TRUSTS INC
    PO BOX 443
    BARNSTABLE,MA02630     		  NON-PROFIT GENERAL SUPPORT 2013 20,000
    THE COMPACT OF CAPE COD CONSERVATION TRUSTS INC
    PO BOX 443
    BARNSTABLE,MA02630     		  NON-PROFIT GENERAL SUPPORT 21,667
    THE GREATER BOSTON FOOD BANK INC
    70 SOUTH BAY AVE
    BOSTON,MA02118     		  NON-PROFIT GENERAL SUPPORT 1,667
    THE GREENE SCHOOL
    94 JOHN POTTER ROAD
    WEST GREENWICH,RI02817     		  NON-PROFIT FINDING OUR PLACE BY THE SEA 10,000
    THE LANDING SCHOOL OF BOATBUILDING AND DESIGN
    286 RIVER ROAD
    ARUNDEL,ME04046     		HELEN TUPPER FOUNDER NON-PROFIT BERMUDA SCHOLARSHIP PROGRAM 37,000
    THE PROVIDENCE ANIMAL RESCUE LEAGUE
    34 ELBOW STREET
    PROVIDENCE,RI02903     		  NON-PROFIT GENERAL SUPPORT 4,333
    THE ROBERT POTTER LEAGUE FOR ANIMALS
    87 OLIPHANT LANE
    MIDDLETOWN,RI02842     		  NON-PROFIT GENERAL SUPPORT 4,333
    THE TRUSTEES OF RESERVATIONS
    572 ESSEX STREET
    BEVERLY,MA01915     		  NON-PROFIT ALLEN C HASKELL PROPERTY 30,000
    THE TRUSTEES OF RESERVATIONS
    572 ESSEX STREET
    BEVERLY,MA01915     		  NON-PROFIT NEW BEDFORD YOUTH CORPS 2013 3,667
    THE TRUSTEES OF RESERVATIONS
    572 ESSEX STREET
    BEVERLY,MA01915     		  NON-PROFIT SOUTH COAST NEW BEDFORD 20,000
    THIRD SECTOR OF NEW ENGLAND
    89 SOUTH STREET 7TH FLOOR
    BOSTOM,MA02111     		  NON-PROFIT THE CARROT PROJECT/SMALL FARM LOAN PROGRAM FOR MASSACHUSETTS 15,000
    THIRD SECTOR OF NEW ENGLAND
    89 SOUTH STREET 7TH FLOOR
    BOSTON,MA02111     		  NON-PROFIT SEAPLAN: WORKSHOP TO FOSTER COOPERATION IN THE NEW BEDFORD WIND ENERGY 15,000
    THOMPSON ISLAND OUTWARD BOUND EDUCATION CENTER
    PO BOX 127
    BOSTON,MA02127     		  NON-PROFIT CONNECTIONS 50,000
    TOXICS ACTION CENTER
    44 WINTER STREET 4TH FLOOR
    BOSTON,MA02108     		  NON-PROFIT SOUTHEASTERN MASSACHUSETTS NEIGHBORHOOD ASSISTANCE PROGRAM 10,000
    TREES THAT FEED
    1200 HILL RD
    WINNETKA,IL60093     		  NON-PROFIT GENERAL SUPPORT 7,222
    TRI-COUNTY MUSIC ASSOCIATION
    PO BOX 414
    ROCHESTER,MA02770     		HANNAH MOORE PRESIDENT NON-PROFIT GENERAL SUPPORT 5,000
    TRI-COUNTY MUSIC ASSOCIATION
    PO BOX 414
    ROCHESTER,MA02770     		HANNAH MOORE PRESIDENT NON-PROFIT SCHOLARSHIP ENDOWMENT 50,000
    TRIPS FOR KIDS NEW BEDFORD INC
    224 BROCK STREET
    NEW BEDFORD,MA02744     		  NON-PROFIT GENERAL SUPPORT 10,000
    UNITED INTERFAITH ACTION OF SOUTHEASTERN MASSACHUSETTS
    160 ROCK STREET
    FALL RIVER,MA02720     		  NON-PROFIT GENERAL SUPPORT 15,000
    UNITED WAY OF GREATER ATTLEBORO TAUNTON
    247 MAPLE STREET
    ATTLEBORO,MA02703     		  NON-PROFIT SOUTH COAST REGIONAL NETWORK TO END HOMELESSNESS 10,000
    UNITED WAY OF GREATER NEW BEDFORD
    105 WILLIAM STREET 3RD FLOOR
    NEW BEDFORD,MA02740     		  NON-PROFIT COMMUNITY BUILDING MINI-GRANTS PROGRAM GENERAL SUPPORT 40,000
    UNITED WAY OF GREATER NEW BEDFORD
    105 WILLIAM STREET 3RD FLOOR
    NEW BEDFORD,MA02740     		  NON-PROFIT HUNGER COMMISSION 45,000
    UNITED WAY OF GREATER NEW BEDFORD
    105 WILLIAM STREET 3RD FLOOR
    NEW BEDFORD,MA02740     		  NON-PROFIT SUMMER FUND 2013 45,000
    UNIVERSITY OF MASSACHUSETTS DARTMOUTH
    265 OLD WESTPORT ROAD
    DARTMOUTH,MA02747     		  NON-PROFIT UPWARD BOUND STUDENT LEADERSHIP & COLLEGE TOURS 10,000
    UNIVERSITY OF PRETORIAMAMMAL RESEARCH INSTITUTE
    MAMMAL RESEARCH INSTITUTE
    PRETORIA    
    SF     		  FOREIGN PUBLIC CHARI CONTINUATION OF WHALE RESEARCH IN SOUTH AFRICA 60,000
    WHALE AND DOLPHIN CONSERVATION INC
    7 NELSON STREET
    PLYMOUTH,MA02360     		  NON-PROFIT ACT RIGHT NOW SPEAKER HONORARIUM 1,000
    WHALEWATERFRONT HISTORIC AREA LEAGUE
    128 UNION STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT GENERAL SUPPORT/ NEW DOLLARS/NEW PARTNERS 15,000
    WILDLANDS TRUST
    PO BOX 2282
    DUXBURY,MA02331     		  NON-PROFIT WILDLANDS TRUST OPERATING SUPPORT 20,000
    WOODS HOLE OCEANOGRAPHIC INSTITUTIN
    FENNO HOUSE MS 40A
    WOODS HOLE,MA02543     		MICHAEL MOORE EMPLOYEE NON-PROFIT EVALUATING THE SOUNDSCAPE NEAR CAPE WIND 25,000
    WOODS HOLE RESEARCH CENTER
    149 WOODS HOLE ROAD
    FALMOUTH,MA02540     		  NON-PROFIT CAPE CODE AND ISLANDS CLIMATE CHANGE AND ENERGY SUMMIT 10,000
    YMCA SOUTHCOAST
    18 SO WATER STREET
    NEW BEDFORD,MA02740     		JO-ANN WATSON EMPLOYEE NON-PROFIT SHARING THE HARVEST COMMUNITY FARM 15,000
    YOUR THEATER
    998 WILDWOOD STREET
    NEW BEDFORD,MA02745     		  NON-PROFIT GENERAL SUPPORT 3,000
    YWCA OF SOUTHEASTERN MASSACHUSETTS
    20 SOUTH SIXTH STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT RACIAL JUSTICE OUTREACH AND EDUCATION PROGRAM 30,000
    YWCA OF SOUTHEASTERN MASSACHUSETTS
    20 SOUTH SIXTH STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT UNDER ONE ROOF CAMPAIGN 100,000
    ZEITERION
    684 PURCHASE STREET
    NEW BEDFORD,MA02740     		  NON-PROFIT OPEARATIONAL SUPPORT: CAPACITY BUILDING 25,000
    Total .................................bullet 3a 2,691,006
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 135  
    4 Dividends and interest from securities....     14 1,592,738  
    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    
    8
    Gain or (loss) from sales of assets other than inventory .............     		    14 3,234,119  
    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 4,826,992 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,826,992
    (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:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ELIASEN CPA 13,460 1,346 0 0

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

    TY 2013 DepreciationSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    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
    BUILDING 1989-01-30 150,150 90,096 SL 40.000000000000 3,754 0 3,754  
    DONATED FURNITURE 1989-07-06 17,166 17,166 SL 7.000000000000 0 0 0  
    OFFICE CHAIR 1989-11-17 280 280 SL 7.000000000000 0 0 0  
    LIBRARY SHELVES 1992-07-23 1,800 1,800 SL 7.000000000000 0 0 0  
    13 CHAIRS AND 1 DESK 2006-12-01 1,936 1,685 SL 7.000000000000 251 0 251  
    DESK & DRAWERS 2008-09-24 620 378 SL 7.000000000000 89 0 89  
    4 FILING CABINETS 2008-07-21 796 503 SL 7.000000000000 114 0 114  
    FILING CABINETS 1990-02-12 356 356 SL 7.000000000000 0 0 0  
    IKON COPIER 2010-02-15 5,408 2,190 SL 7.000000000000 773 0 773  
    COMPUTER 2003-07-31 3,288 3,288 SL 5.000000000000 0 0 0  
    COMPUTER 2004-01-01 384 384 SL 5.000000000000 0 0 0  
    DELL COMPUTER 2005-09-30 1,468 1,468 SL 5.000000000000 0 0 0  
    DIGITAL PROJECTOR 2005-11-30 1,310 1,310 SL 5.000000000000 0 0 0  
    PHOTOCOPIER 2006-12-29 2,552 2,550 SL 5.000000000000 0 0 0  
    MACBOOK 2008-03-26 1,649 1,567 SL 5.000000000000 82 0 82  
    APPLE MINI HP MONITOR AND PRINTER 2009-07-13 1,129 791 SL 5.000000000000 226 0 226  
    MAC LAPTOP HARDWARE AND SOFTWARE 2009-08-28 2,344 1,559 SL 5.000000000000 469 0 469  
    LAND 1989-01-30 44,850   L   0 0 0  
    BUILDING IMPROVEMENTS 2010-03-25 9,139 644 SL 39.000000000000 234 0 234  
    STONE WALL 2001-10-31 15,879 4,545 SL 39.000000000000 407 0 407  
    WINDOWS 2001-11-30 12,659 3,602 SL 39.000000000000 325 0 325  
    HANDICAP RAMP AND BATHROOM 2002-03-22 10,627 2,924 SL 39.000000000000 272 0 272  
    DRIVEWAY PAVING (7,286 SQ FT) 2006-05-01 16,495 7,333 SL 15.000000000000 1,100 0 1,100  
    WINDOWS 2013-08-27 7,800   SL 39.000000000000 75 0 75  

    TY 2013 InvestmentsOtherSchedule2
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
      AT COST 61,290,982 61,290,982

    TY 2013 LandEtcSchedule2
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 150,150 93,850 56,300  
    DONATED FURNITURE 17,166 17,166 0  
    OFFICE CHAIR 280 280 0  
    LIBRARY SHELVES 1,800 1,800 0  
    13 CHAIRS AND 1 DESK 1,936 1,936 0  
    DESK & DRAWERS 620 467 153  
    4 FILING CABINETS 796 617 179  
    FILING CABINETS 356 356 0  
    IKON COPIER 5,408 2,963 2,445  
    COMPUTER 3,288 3,288 0  
    COMPUTER 384 384 0  
    DELL COMPUTER 1,468 1,468 0  
    DIGITAL PROJECTOR 1,310 1,310 0  
    PHOTOCOPIER 2,552 2,550 2  
    MACBOOK 1,649 1,649 0  
    APPLE MINI HP MONITOR AND PRINTER 1,129 1,017 112  
    MAC LAPTOP HARDWARE AND SOFTWARE 2,344 2,028 316  
    LAND 44,850 0 44,850  
    BUILDING IMPROVEMENTS 9,139 878 8,261  
    STONE WALL 15,879 4,952 10,927  
    WINDOWS 12,659 3,927 8,732  
    HANDICAP RAMP AND BATHROOM 10,627 3,196 7,431  
    DRIVEWAY PAVING (7,286 SQ FT) 16,495 8,433 8,062  
    WINDOWS 7,800 75 7,725  


    TY 2013 LegalFeesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HEMENWAY & BARNES 2,133 213 0 0


    TY 2013 OtherExpensesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 11,447 1,145 0 0
    INSURANCE 5,009 501 0 0
    OFFICE EXPENSES 21,738 2,174 0 0
    TELEPHONE 3,487 349 0 0


    TY 2013 OtherIncreasesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Description Amount
    UNREALIZED GAIN 4,061,868
    BOOK TAX DIFFERENCE CONTRIBUTIONS 18,000
    DEFERRED FEDERAL EXCISE TAX 115,751


    TY 2013 OtherLiabilitiesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 58,589 174,340
    FEDERAL EXCISE TAX PAYABLE 0 53,859


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AEQUITAS INVESTMENTS 30,000 30,000 0 0
    PAYROLL SERVICE FEE 2,257 226 0 0
    MISCELLANEOUS FEES 0 0 0 0


    TY 2013 TaxesSchedule
    Name:
    ISLAND FOUNDATION INC
    EIN: 04-2670567
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 11,611 1,161 0 0
    INVESTMENT EXCISE TAXES 95,219 0 0 0
    FORM PC MA TAX 1,037 104 0 0