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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
1772 FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)449 THAMES STREETROOM/SUITE 301CRoom/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWPORT, RI02840
A Employer identification number

22-2578377
B Telephone number (see instructions)

(401) 847-1772
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$82,401,098J 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
Sch. B ...............
3 Interest on savings and temporary cash investments 223,699 223,699  
4 Dividends and interest from securities...... 2,287,735 2,287,722  
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 4,979,019
b Gross sales price for all assets on line 6a 18,042,938
7 Capital gain net income (from Part IV, line 2)... 4,978,992
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........ 7,490,453 7,490,413  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 343,686 103,106   240,580
14 Other employee salaries and wages...... 43,264 12,979   30,285
15 Pension plans, employee benefits....... 48,912 14,674   34,238
16a Legal fees (attach schedule)......... Click to see attachment 1,251 625   625
b Accounting fees (attach schedule)....... Click to see attachment 28,320 14,160   14,160
c Other professional fees (attach schedule).... Click to see attachment 357,442 357,026   416
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 139,528      
19 Depreciation (attach schedule) and depletion... Click to see attachment 828 828  
20 Occupancy.............. 10,100 5,050   5,050
21 Travel, conferences, and meetings....... 47,800 11,950   35,850
22 Printing and publications.......... 5,508     5,508
23 Other expenses (attach schedule)....... Click to see attachment 22,726 7,886   14,839
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,049,365 528,284   381,551
25 Contributions, gifts, grants paid........ 2,667,907 2,842,907
26 Total expenses and disbursements. Add lines 24 and 25 3,717,272 528,284   3,224,458
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,773,181
b Net investment income (if negative, enter -0-) 6,962,129
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 677,014 834,701 834,701
2 Savings and temporary cash investments.......... 7,830,169 5,749,704 5,749,704
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........... 58,550 95,390 95,390
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 12,290,085 Click to see attachment11,121,651 17,539,532
c Investments—corporate bonds (attach schedule)........ 1,990,000 Click to see attachment6,209,999 6,190,362
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............. 2,083 1,968 2,240
13 Investments—other (attach schedule)........... 48,327,049 Click to see attachment50,471,290 51,158,516
14 Land, buildings, and equipment: basis bullet10,688
Less: accumulated depreciation (attach schedule) bullet10,228 1,288 Click to see attachment460  
15 Other assets (describe bullet) Click to see attachment428,147 Click to see attachment830,653 Click to see attachment830,653
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 71,604,385 75,315,816 82,401,098
Liabilities 17 Accounts payable and accrued expenses.......... 79,634 77,784
18 Grants payable.................. 175,000  
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 attachment3,600 Click to see attachment118,700
23 Total liabilities (add lines 17 through 22).......... 258,234 196,484
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 71,346,151 75,119,332
30 Total net assets or fund balances (see instructions)...... 71,346,151 75,119,332
31 Total liabilities and net assets/fund balances (see instructions).. 71,604,385 75,315,816
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 71,346,151
2 Enter amount from Part I, line 27a..................... 2 3,773,181
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 75,119,332
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 75,119,332
Form 990-PF (2014)
Form 990-PF (2014)
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 195-ASTRAZENECA PLC P 2012-01-23 2014-05-23
b 1495-LINKEDIN CORP P 2013-07-10 2014-02-28
c 9651-COLFAX CORP P 2011-09-29 2014-04-30
d 1100-LIBERTY GLOBAL PLC CL C P 2014-03-04 2014-04-28
e 1700-THERMO FISHER SCIENTIFIC INC P 2008-10-07 2014-04-30
1600-IDEXX LABS INC P 2013-07-29 2014-07-25
87.0203-FLEXSHARES EXH TD FD NATL RE P 2014-01-06 2014-07-01
130-BOEING CO P 2012-01-23 2014-03-05
11990-SHUTTERFLY INC P 2014-02-12 2014-03-31
800-COOPER COS INC P 2012-07-03 2014-04-30
7458-LOWES COS INC P 2011-12-08 2014-04-30
1700-TYCO INTL LTD P 2014-04-01 2014-04-30
3250-LAS VEGAS SANDS CORP P 2012-03-13 2014-08-04
4208-FLEXSHARES EXH TD FD NATL RES P 2012-10-26 2014-07-01
240-DOMINION RES INC P 2012-01-23 2014-06-10
3450-WHOLE FOODS MKT INC P 2013-07-29 2014-03-31
1800-DANAHER CORP P 2001-08-22 2014-04-30
1600-MONDELEZ INTL P 2012-05-14 2014-04-30
1200-UNITED TECHNOLOGIES CORP P 2011-07-21 2014-04-30
7042-LOWES COS INC P 2011-12-08 2014-08-04
42.9501-FLEXSHARES EXH TD FD NATL RE P 2013-01-04 2014-07-01
180-KRAFT FOODS GROUP P 2012-10-02 2014-02-13
9-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-04-15
1000-DISNEY WALT CO P 2012-11-20 2014-04-30
600-NATIONAL OILWELL VARCO INC P 2013-05-22 2014-04-30
800-VF CORP P 2014-04-01 2014-04-30
2000-OCCIDENTAL PETE CORP P 2011-05-09 2014-08-13
2440.386-PIMCO LOW DURATION FD P 2013-12-31 2014-07-01
95-RAYTHEON CO P 2012-04-18 2014-03-26
9-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-05-15
2200-EMC CORP P 2014-01-29 2014-04-30
2300-NICE SYS LTD P 2010-07-14 2014-04-30
500-VISA INC P 2012-10-31 2014-04-30
4400-UNITED TECHNOLOGIES CORP P 2011-07-21 2014-08-12
148081.923-PIMCO LOW DURATION FD P 2012-06-06 2014-07-01
206-VERIZON COMM INC P 2013-06-25 2014-02-26
9-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-06-17
1300-EBAY INC P 2014-04-01 2014-04-30
525-NOW INC P 2013-05-22 2014-06-09
1800-WILLIAMS SONOMA INC P 2012-01-25 2014-04-30
10-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-10-15
129657.237-RIDEWORTH US GOV SEC ULT P 2014-01-01 2014-07-01
VERIZON COMM INC CASH IN LIEU P 2013-06-23 2014-02-26
1900-ABBVIE INC P 2013-11-14 2014-04-30
4600-EBAY INC P 2014-04-01 2014-06-12
600-OCCIDENTAL PETE CORP P 2011-05-09 2014-04-30
1200-XLINX INC P 2014-01-29 2014-04-30
10-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-11-15
VODAFONE GROUP CASH IN LIEU P 2014-02-25 2014-02-25
600-ACTAVIS PLC P 2012-07-03 2014-04-30
1000-FACEBOOK INC P 2014-01-29 2014-04-30
600-PPG INDS INC P 2012-05-14 2014-04-30
965-XLINX INC P 2014-01-29 2014-05-06
10-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-12-16
10-GNMA PASS-THRU X 6.500% P 1998-10-22 2014-01-15
1000-ALEXANDER & BALDWIN INC P 2013-07-29 2014-04-30
100-GOOGLE INC CL A P 2010-09-21 2014-04-30
100-PRICELINE.COM INC P 2013-01-11 2014-04-30
3300-XLINX INC P 2014-01-29 2014-05-06
4600-ARCBEST CORP P 2014-04-01 2014-10-20
10-GNMA PASS-THRU X 6.500% P 1998-10-22 2014-02-18
350-APPLE INC P 2010-01-07 2014-04-30
100-GOOGLE INC CL C P 2010-09-21 2014-04-30
1200-ROCKWOOD HLDGS INC P 2014-02-28 2014-04-30
9-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-07-15
7900-EMC CORP P 2014-01-29 2014-10-20
10-GNMA PASS-THRU X 6.500% P 1998-10-22 2014-03-17
1200-ARKANSAS BEST CORP P 2014-04-01 2014-04-30
900-HERSHEY CO P 2012-07-03 2014-04-30
1300-SALESFORCE.COM INC P 2012-07-03 2014-04-30
9-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-08-15
5870-MONDELEZ INTL P 2012-05-14 2014-11-03
7200-CSX CORP P 2013-05-22 2014-02-12
1100-B&G FOODS INC P 2012-10-31 2014-04-30
400-IDEXX LABS INC P 2013-07-29 2014-04-30
1400-STARBUCKS CORP P 2011-12-08 2014-04-30
9-GNMA PASS-THRU X 6.500% P 1998-10-22 2013-09-16
49407.115-RIDEWORTH US GOV SEC ULT S P 2013-07-23 2014-01-30
11500-HOME DEPOT INC P 2011-12-08 2014-01-29
900-BORGWARNER INC P 2013-07-29 2014-04-30
1500-JPMORGAN CHASE & CO P 2012-04-20 2014-04-30
1600-STATE STREET CORP P 2012-02-28 2014-04-30
3310-BORGWARNER INC P 2013-07-29 2014-08-12
43520.309-PIMCO LOW DURATION FD P 2012-06-06 2014-01-30
1990-KRAFT FOODS GROUP P 2012-05-14 2014-01-29
2000-BRISTOL MEYERS SQUIBB P 2013-03-06 2014-04-30
900-LAS VEGAS SANDS CORP P 2012-03-13 2014-04-30
12846-TESORO CORP P 2011-07-25 2014-04-30
6899-COLFAX CORP P 2011-09-29 2014-09-10
42219.542-TCW EMERGING MKTS INC FD P 2012-06-06 2014-01-30
5300-KRAFT FOODS GROUP P 2013-02-06 2014-01-29
1600-CELANESE CORP P 2009-08-14 2014-04-30
52000-LIBERTY GLOBAL PLC CL A P 2013-11-14 2014-04-30
2300-TEVA PHARMA INDS P 2013-11-14 2014-04-30
3100-HERSHEY CO P 2012-07-03 2014-07-16
69169.96-RIDEWORTH US GOV SEC ULT SH P 2013-07-23 2014-01-31
(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 14,168   9,290 4,878
b 311,417   284,555 26,862
c 680,855   209,305 471,550
d 42,180   43,411 -1,231
e 193,828   85,012 108,816
209,022   156,283 52,739
3,275   2,955 320
16,860   9,831 7,029
506,860   550,782 -43,922
105,362   63,872 41,490
343,640   187,493 156,147
69,671   72,843 -3,172
237,098   182,627 54,471
158,351   148,000 10,351
16,461   12,096 4,365
175,493   191,779 -16,286
131,997   74,217 57,780
57,050   40,582 16,468
141,937   106,103 35,834
336,561   177,034 159,527
1,616   1,548 68
9,513   7,267 2,246
9   9  
79,432   48,378 31,054
47,093   42,344 4,749
48,799   49,785 -986
199,096   213,375 -14,279
25,331   25,167 164
9,301   5,029 4,272
9   9  
56,572   54,113 2,459
99,261   62,255 37,006
101,138   69,509 31,629
464,998   389,046 75,952
1,537,061   1,553,359 -16,298
9,487   9,912 -425
9   9  
67,170   72,747 -5,577
16,943   14,535 2,408
112,953   61,900 51,053
10   10  
1,313,428   1,311,135 2,293
21     21
99,004   91,763 7,241
224,107   257,412 -33,305
57,401   64,013 -6,612
56,545   55,618 927
10   10  
7     7
122,873   44,853 78,020
59,705   53,916 5,789
116,125   62,171 53,954
44,347   44,726 -379
10   10  
10   10  
37,332   43,282 -5,950
53,478   25,557 27,921
115,694   65,142 50,552
151,482   152,950 -1,468
155,381   177,606 -22,225
10   10  
207,417   73,623 133,794
52,673   25,624 27,049
85,296   93,852 -8,556
9   9  
211,870   194,316 17,554
10   10  
47,183   46,332 851
86,461   65,079 21,382
67,096   45,356 21,740
9   9  
206,749   148,885 57,864
196,751   188,965 7,786
36,062   33,543 2,519
50,627   39,071 11,556
98,840   60,473 38,367
9   9  
500,000   500,000  
884,442   462,944 421,498
55,787   42,045 13,742
84,048   64,335 19,713
103,342   67,735 35,607
203,925   154,631 49,294
449,970   452,484 -2,514
104,016   81,276 22,740
99,993   75,414 24,579
71,155   50,574 20,581
720,193   322,956 397,237
434,091   149,621 284,470
349,970   371,788 -21,818
277,028   249,206 27,822
98,204   43,198 55,006
205,954   209,791 -3,837
112,514   88,042 24,472
285,301   224,163 61,138
700,000   700,000  
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       4,878
b       26,862
c       471,550
d       -1,231
e       108,816
      52,739
      320
      7,029
      -43,922
      41,490
      156,147
      -3,172
      54,471
      10,351
      4,365
      -16,286
      57,780
      16,468
      35,834
      159,527
      68
      2,246
       
      31,054
      4,749
      -986
      -14,279
      164
      4,272
       
      2,459
      37,006
      31,629
      75,952
      -16,298
      -425
       
      -5,577
      2,408
      51,053
       
      2,293
      21
      7,241
      -33,305
      -6,612
      927
       
      7
      78,020
      5,789
      53,954
      -379
       
       
      -5,950
      27,921
      50,552
      -1,468
      -22,225
       
      133,794
      27,049
      -8,556
       
      17,554
       
      851
      21,382
      21,740
       
      57,864
      7,786
      2,519
      11,556
      38,367
       
       
      421,498
      13,742
      19,713
      35,607
      49,294
      -2,514
      22,740
      24,579
      20,581
      397,237
      284,470
      -21,818
      27,822
      55,006
      -3,837
      24,472
      61,138
       
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 4,978,992
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 60,035
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 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))
2013 3,915,785 76,321,259 0.051307
2012 3,530,846 71,678,936 0.049259
2011 3,471,557 71,770,458 0.048370
2010 2,987,331 68,935,077 0.043335
2009 3,593,102 65,653,548 0.054728
2 Total of line 1, column (d) ...................... 2 0.246999
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 0.049400
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 79,687,688
5 Multiply line 4 by line 3....................... 5 3,936,572
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 69,621
7 Add lines 5 and 6......................... 7 4,006,193
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,724,458
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 (2014)
Form 990-PF (2014)
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 1 139,243
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........................... 3 139,243
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- ..... 5 139,243
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 20,758
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 136,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 157,258
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 83
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 17,932
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet17,932 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 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
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletWWW.1772FOUNDATION.ORG
    14
    The books are in care ofbullet1772 FOUNDATION Telephone no.bullet (860) 928-1772
    Located atbullet112 MAIN STREET STE 9PUTNAMCT ZIP+4bullet06260
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 instructions)? ........
    1b
     
    No
    .........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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    G STANTON GEARY TRUSTEE
    20.00     		25,650 0 0
    449 THAMES ST STE 301C
    NEWPORT,RI02840
    B DANFORTH ELY PRESIDENT
    35.00     		67,650 0 0
    449 THAMES ST STE 301C
    NEWPORT,RI02840
    ROBERT RAYNOLDS TRUSTEE
    20.00     		25,650 0 0
    449 THAMES ST STE 301C
    NEWPORT,RI02840
    CHRISTINA SPELLMAN TRUSTEE
    20.00     		25,650 0 0
    449 THAMES ST STE 301C
    NEWPORT,RI02840
    MARGARET WALDCOCK TRUSTEE
    20.00     		25,650 0 0
    449 THAMES ST STE 301C
    NEWPORT,RI02840
    MARY A ANTHONY EXEC DIRECTO
    45.00     		173,436 24,750 0
    449 THAMES ST STE 301C
    NEWPORT,RI02840
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    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 PROVIDENCE REVOLVING FUND 500,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet500,000
    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
    73,069,211
    b
    Average of monthly cash balances.......................
    1b
    7,831,995
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    80,901,206
    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
    80,901,206
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,213,518
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    79,687,688
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,984,384
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,984,384
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    139,243
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    139,243
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,845,141
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    97,494
    5
    Add lines 3 and 4............................
    5
    3,942,635
    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
    3,942,635
    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
    3,224,458
    b
    Program-related investments—total from Part IX-B..................
    1b
    500,000
    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
    3,724,458
    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
    3,724,458
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 3,942,635
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 3,365,208
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 3,724,458
    a Applied to 2013, but not more than line 2a 3,365,208
    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 2014 distributable amount..... 359,250
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		3,583,385
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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:
    MARY ANTHONY
    449 THAMES STREET
    STE 301C
    NEWPORT,RI02840
    (401) 847-1772
    MARYANTHONY@1772FOUNDATION.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    BEFORE AN ORGANIZATION IS ASKED TO APPLY, ONE-PAGE LETTER OF INQUIRY IS REQUIRED, WHICH CAN BE FILLED OUT THROUGH ON-LINE INQUIRY FORM ON THE FOUNDATION'S WEBSITE. IF LETTER OF INQUIRY APPROVED A COMPLETE GRANT APPLICATION WILL BE REQUIRED TO BE FILLED OUT AND SUBMITTED.
    cAny submission deadlines:
    FUNDING INQUIRY SUBMISSION MUST BE PLACED BETWEEN NOVEMBER 15 AND JUNE 15 PRIOR TO THE YEAR THE FUND
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE LIMITED TO THE PRESERVATION AND ENHANCEMENT OF AMERICAN HISTORICAL ENTITIES AND PROJECTS.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    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
    ALLIANCE FOR A LIVABLE NEWPORT
    PO BOX 2636
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 3,000
    AQUIDNECK LAND TRUST
    790 AQUIDNECK AVENUE
    MIDDLETOWN,RI02842     		  501(C)(3) GENERAL PURPOSE 2,000
    BROWN UNIVERSITY
    PO BOX 1880
    PROVIDENCE,RI02912     		  501(C)(3) JOHN NICHOLAS BROWN CENTER FOR PUBLI 6,000
    CHURCH COMMUNITY HOUSING CORPORATIO
    50 WASHINGTON SQUARE
    NEWPORT,RI02840     		  501(C)(3) NEWPORT TOWN SPRING PRESERVATION 100,000
    CHURCH COMMUNITY HOUSING CORPORATIO
    50 WASHINGTON SQUARE
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 15,000
    CITY GREEN
    171 GROVE STREET
    CLIFTON,NJ07013     		  501(C)(3) GENERAL PURPOSE 2,500
    COAST GUARD FOUNDATION
    394 TAUGWONK ROAD
    STONINGTON,CT063781807     		  501(C)(3) GENERAL PURPOSE 3,000
    CONNECTICUT TRUST FOR HISTORIC PRES
    940 WHITNEY AVENUE
    HAMDEN,CT06517     		  501(C)(3) REVOLVING FUND 75,000
    CONNECTICUT TRUST FOR HISTORIC PRES
    940 WHITNEY AVENUE
    HAMDEN,CT06517     		  501(C)(3) CT HISTORIC PRESERVATION GRANTS 190,000
    CONNECTICUT TRUST FOR HISTORIC PRES
    940 WHITNEY AVENUE
    HAMDEN,CT06517     		  501(C)(3) CONSULTING FEE GRANT 10,000
    DENVER URBAN GARDENS
    1031 33RD STREET
    DENVER,CO80205     		  501(C)(3) GENERAL PURPOSE 5,000
    DR MARTIN LUTHER KING JR COMMUNI
    20 DR MARCUS F WHEATLAND
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 5,000
    FAIRMOUNT PARK HISTORIC PRESERVATIO
    6245 WISSAHICKON AVE
    PHILADELPHIA,PA19144     		  501(C)(3) REVOLVING FUNDS 20,000
    FORT ADAMS TRUST
    90 FORT ADAMS DR
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 3,000
    FRIENDS OF DINOSAUR RIDGE
    16831 W ALAMEDA PKWY
    MORRISON,CO80465     		  501(C)(3) PRESERVATION & EDUCATION 10,000
    FRIENDS OF RANDOLPH ANIMAL POUND
    502 MILLBROOK AVE
    RANDOLPH,NJ07869     		  501(C)(3) GENERAL PURPOSE 500
    FRIENDS OF THE CLARENCE DILLON PUBL
    2336 LAMINGTON ROAD
    BEDMINSTER,NJ07921     		  501(C)(3) GENERAL PURPOSE 2,500
    FRIENDS OF THE NEWPORT PUBLIC LIBRA
    300 SPRING STREET
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 2,000
    HAMILTON PARTNERSHIP FOR PATERSON
    32 SPRUCE ST 3RD FLOOR
    PATTERSON,NJ07501     		  501(C)(3) GENERAL PURPOSE 5,000
    HERITAGE OHIO
    846 1/2 EAST MAIN ST
    COLUMBUS,OH43205     		  501(C)(3) FEASIBILITY STUDY 15,000
    HISTORIC CHARLESTON FOUNDATION
    PO BOX 1120
    CHARLESTON,SC29402     		  501(C)(3) ASSESMENT OF REVOLVING FUND PROGRAM 12,400
    HUNTERDON LAND TRUST ALLIANCE
    111 MINE STREET
    FLEMINGTON,NJ088221474     		  501(C)(3) GENERAL PURPOSE 5,000
    ISLAND INSTITUTE
    386 MAIN STREET PO BOX 6
    ROCKLAND,ME048410648     		  501(C)(3) GENERAL PURPOSE 1,000
    KNOX HERITAGE
    P O BOX 1242
    KNOXVILLE,TN37901     		  501(C)(3) J ALLEN SMITH ENDANGERED PROPERTIES 75,000
    LAND TRUST ALLIANCE
    112 SPRING STREET SUITE 2
    SARATOGA SPRINGS,NY128663351     		  501(C)(3) FARMLAND PROPERTY GRANTS 787,000
    LAND TRUST ALLIANCE
    112 SPRING STREET SUITE 2
    SARATOGA SPRINGS,NY128663351     		  501(C)(3) SOUTHSIDE & ACQUIDNECK PROPERTIES 27,767
    LAND TRUST ALLIANCE
    113 SPRING STREET SUITE 2
    SARATOGA SPRINGS,NY128663351     		  501(C)(3) CONSULTING FEE GRANT 25,000
    LIVESTOCK BREEDS CONSERVANCY
    PO BOX 477
    PITTSBORO,NC27344     		  501(C)(3) LEGACY CONSERVATION INITIATIVE 50,000
    MAINE PRESERVATION
    233 WEST MAIN STREET
    YARMOUTH,ME04096     		  501(C)(3) REVOLVING FUNDS 60,000
    MORRISTOWN MEMORIAL HOSPITAL
    P O BOX 1956
    MORRISTOWN,NJ07960     		  501(C)(3) ANNUAL FUND 3,000
    NATIONAL TRUST FOR HISTORIC PRESERV
    1785 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036     		  501(C)(3) REVOLVING FUND 100,000
    NATIONAL TRUST FOR HISTORIC PRESERV
    1785 MASSACHUSETTS AVE N
    WASHINGTON,DC20036     		  501(C)(3) REAL ESTATE PROGRAM-NATIONAL CONFERE 125,000
    NATIONAL TRUST FOR HISTORIC PRESERV
    1786 MASSACHUSETTS AVE N
    WASHINGTON,DC20036     		  501(C)(3) HISTORIC REAL ESTATE FINANCE TRAININ 60,000
    NEW JERSEY AUDUBON SOCIETY
    204 WEST STATE ST 3RD FL
    TRENTON,NJ08608     		  501(C)(3) NJ KEEP IT GREEN CAMPAIGN 5,000
    NEW JERSEY HISTORIC TRUST
    DEPT OF COMMUNITY AFFAIR
    TRENTON,NJ08625     		  501(C)(3) NJ HISTORIC PRESERVATION GRANTS 290,000
    NEW JERSEY HISTORIC TRUST
    DEPT OF COMMUNITY AFFAIR
    TRENTON,NJ08625     		  501(C)(3) CONSULTING FEE GRANT 10,000
    NEW JERSEY WORK ENVIRONMENT COUNCIL
    142 WEST STATE ST 3RD FL
    TRENTON,NJ08608     		  501(C)(3) GENERAL PURPOSE 2,500
    NEW YORK HARBOR FOUNDATION
    10 SOUTH STREET SLIP 7
    NEW YORK,NY10004     		  501(C)(3) OYSTER SHELL RECYCLING PROJECT 100,000
    NEW YORK LANDMARKS CONSERVANCY
    ONE WHITEHALL STREET
    NEW YORK,NY10004     		  501(C)(3) REVOLVING FUNDS 50,000
    NEWPORT FILM
    174 BELLEVUE AVE STE 314
    NEWPORT,RI02840     		  501(C)(3) DOCUMENTARY FILM PROGRAM 2,500
    NEWPORT HISTORICAL SOCIETY
    82 TOURO STREET
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 2,500
    NEWPORT TREE SOCIETY
    PO BOX 863
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 2,000
    NJ LEAGUE OF CONSERVATION VOTERS ED
    PO BOX 1237
    TRENTON,NJ08607     		  501(C)(3) GENERAL PURPOSE 5,000
    PALMETTO TRUST FOR HISTORIC PRESERV
    PO BOX 506 117 GRACE S
    PROSPERITY,SC29127     		  501(C)(3) DAUFUSKIE ENDANGERED PLACES PROGRAM 75,000
    PINELANDS PRESERVATION ALLIANCE
    17 PEMBERTON ROAD
    SOUTHAMPTON,NJ08088     		  501(C)(3) PINELANDS ADVENTURES CANOE & KAYAK L 100,000
    PLAID HOUSE INC
    54 WESTERN AVE
    MORRISTOWN,NJ07960     		  501(C)(3) GENERAL PURPOSE 500
    PRESERVATION ALLIANCE OF MINNESOTA
    416 LANDMARK CENTER 75 W
    ST PAUL,MN55102     		  501(C)(3) REVOLVING FUNDS 50,000
    PRESERVATION SOCIETY OF NEWPORT COU
    424 BELLEVUE AVE
    NEWPORT,RI02840     		  501(C)(3) 2014-2015 ANNUAL FUND 10,000
    PRESERVATION SOCIETY OF NEWPORT COU
    424 BELLEVUE AVE
    NEWPORT,RI02840     		  501(C)(3) LANDSCAPE PUBLIC FOCUSED PROGRAM 9,840
    PRESERVATION TRUST OF VERMONT
    104 CHURCH STREET STE 21
    BURLINGTON,VT054014449     		  501(C)(3) REVOLVING FUNDS 75,000
    PROVIDENCE REVOLVING FUND
    372 WEST FOUNTAIN ST
    PROVIDENCE,RI02903     		  501(C)(3) REVOLVING FUNDS 5,000
    PUTNEY SCHOOL
    ELM LEA FARM 418 HOUGHTO
    PUTNEY,VT053468675     		  501(C)(3) GENERAL PURPOSE 10,000
    RARITAN HEADWATERS ASSOCIATION
    P O BOX 273
    GLADSTONE,NJ07934     		  501(C)(3) GENERAL PURPOSE 8,000
    RECTORY SCHOOL
    528 POMFRET STREET PO BO
    POMFRET,CT06258     		  501(C)(3) 2014 ANNUAL FUND 5,000
    REDWOOD LIBRARY & ATHENAEUM
    50 BELLEVUE AVE
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 2,000
    RHODE ISLAND COMMUNITY FOOD BANK
    200 NIANTIC AVE
    PROVIDENCE,RI02907     		  501(C)(3) COMMUNITY FARMING PROGRAM 3,000
    ROSE ISLAND LIGHTHOUSE FOUNDATION
    P O BOX 1419
    NEWPORT,RI028400014     		  501(C)(3) GENERAL PURPOSE 4,500
    SEAMAN'S CHURCH INSTITUTE OF NEWPOR
    18 MARKET SQUARE
    NEWPORT,RI02840     		  501(C)(3) GENERAL PURPOSE 8,000
    SEED SAVERS EXCHANGE
    3094 NORTH WINN ROAD
    DECORAH,IA52101     		  501(C)(3) COLLECTION ORIGIN RESEARCH EFFORT 29,900
    SHELBURNE FARMS
    1611 HARBOR ROAD
    SHELBURNE,VT05842     		  501(C)(3) GENERAL PURPOSE 2,500
    SOCIAL VENTURE PARTNERS RI BIKE N
    460 HARRIS AVE UNIT 303
    PROVIDENCE,RI02909     		  501(C)(3) GENERAL PURPOSE 2,500
    STEAMER VIRGINIA V FOUNDATION
    PO BOX 9566
    SEATTLE,WA98134     		  501(C)(3) VIRGINA V PRESERVATION 2,000
    THE L'ENFANT TRUST
    1310 19TH STREET NW
    WASHINGTON,DC20036     		  501(C)(3) HISTORIC PRESERVATION REVOLVING FUND 100,000
    VERMONT LAW SCHOOL
    164 CHELSEA ST PO BOX 96
    SOUTN ROYALTON,VT05068     		  501(C)(3) CENTER FOR AGRICULTURE & FOOD SYSTEM 5,000
    WATERFRONT HISTORIC AREA LEAGUE
    128 UNION STREET
    NEW BEDFORD,MA02740     		  501(C)(3) REVOLVING FUNDS 60,000
    Total .................................bullet 3a 2,842,907
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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 ............     		    14 223,699  
    4 Dividends and interest from securities....     14 2,287,735  
    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 .............     		    18 4,978,992 27
    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)..   7,490,426 27
    13Total. Add line 12, columns (b), (d), and (e)..................
    137,490,453
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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 (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LESHNER FRANCHINO & CO 28,320 14,160   14,160

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    TY 2014 DepreciationSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    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
    OFFICE FURNITURE 2006-01-19 3,600 3,600 S/L 5.0000        
    FILING CABINET 2007-08-02 2,798 2,565 S/L 7.0000 233 233    
    PRINTER 2009-04-09 478 454 S/L 5.0000 24 24    
    PRINTER 2009-05-14 1,086 1,013 S/L 5.0000 73 73    
    POWER POINT PROJECTOR 2009-08-07 583 515 S/L 5.0000 68 68    
    LAPTOP COMPUTER 2010-01-26 547 428 S/L 5.0000 110 110    
    LAPTOP COMPUTER 2010-10-25 583 369 S/L 5.0000 117 117    
    DESKTOP COMPUTER 2011-09-25 1,013 456 S/L 5.0000 203 203    

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    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    HALYARD HELATH CASH IN LIEU 2014-10 PURCHASE 2014-10   27       27  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Name of Bond End of Year Book Value End of Year Fair Market Value
    HCA INC 6.375% 01-15-15 1,990,000 2,000,000
    GENERAL ELECTRIC CAP CORP 2.300% 2,098,178 2,082,714
    BANK OF NY 2.200% 3/4/19 2,121,821 2,107,648

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC 17,622 19,482
    ALTRIA GROUP INC 18,864 32,518
    ASTRAZENECA PLC 11,195 16,539
    BCE INC 25,172 26,369
    BOEING CO 4,538 7,799
    CHEVRON CORP 19,217 20,192
    CISCO SYSTEMS INC 22,704 30,318
    CNOOC LTD 17,393 13,544
    CONOCOPHILLIPS 19,595 24,862
    CORNING INC 8,820 9,631
    DIAGEO PLC 15,491 20,536
    DIAMOND OFFSHORE DRILLING 26,649 14,684
    DOMINION RES INC    
    DU PONT E I DE NEMOUR & CO 17,684 26,618
    GENERAL ELECTRIC CO 16,545 24,765
    GENUINE PARTS CO 14,755 24,511
    HALYARD HEALTH INC 536 1,046
    HSBC HOLDINGS PLC 14,782 16,531
    INTEL CORP 24,824 34,657
    JOHNSON & JOHNSON 20,850 33,462
    JP MORGAN CHASE & CO 22,982 28,787
    KIMBERLY CLARK CORP 13,443 21,953
    KRAFT FOODS GROUP    
    LILLY ELI & CO 20,470 35,875
    MERCK & CO 17,861 26,123
    METLIFE INC 16,298 21,906
    MICROSOFT CORP 17,296 29,728
    NEXTERA ENERGY INC 17,209 30,824
    PFIZER INC 17,234 18,223
    PHILLIP MORRIS INTL INC 23,342 24,842
    RAYTHEON CO 13,224 27,042
    ROYAL DUTCH PETE 23,477 22,607
    SYMANTEC CORP 16,774 21,422
    TRAVERLERS COS INC 16,360 28,580
    UNILEVER NV 17,779 21,082
    VODAFONE GROUP 11,943 14,625
    3M COMPANY 14,550 27,934
    HCP INC 21,916 23,996
    HEALTH CARE REIT INC 19,077 26,106
    ABBVIE INV 620,399 812,438
    ACTAVIS PLC 173,432 597,191
    ALEXANDER & BALDWIN INC 150,623 136,625
    APPLE INC 308,165 1,131,947
    B&G FOODS INC 122,583 120,198
    BORGWARNER INC    
    BRISTOL MEYERS SQUIBB 278,850 436,822
    CELANESE CORP 153,892 341,772
    COLFAX CORP    
    COOPER INDS LTD 235,182 478,165
    COPART INC 427,356 463,423
    CSX CORP    
    DANAHER CORP 268,006 557,115
    DISNEY WALT CO 199,215 349,916
    EASTMAN CHEM CO 426,984 408,506
    FACEBOOK INC 200,568 290,234
    GOOGLE INC 227,759 470,392
    HERSHEY CO    
    HOME DEPOT INC 539,332 682,305
    IDEXX LABS INC    
    JP MORGAN CHASE & CO 235,465 343,564
    KRAFT FOODS GROUP    
    LAS VEGAS SANDS CORP    
    LIBERTY GLOBAL PLC 161,806 198,071
    LINKED IN CORP    
    LOWES    
    MEAD JOHNSON NUTRITION 279,428 278,496
    MONDELEZ INTL INC    
    NATIONAL OILWELL VARCO 133,670 137,613
    NICE SYS LTD 240,159 420,395
    OCCIDENTAL PETE CORP    
    PALO ALTO NETWORKS INC 315,586 386,096
    PPG INDS INC 227,959 508,530
    PRICE T ROWE INC 432,484 472,230
    PRICELINE COM INC 268,384 469,767
    PROTHENA CORP 210,957 203,448
    ROCKWOOD HLDGS INC 351,945 354,600
    SALES FORCE COM INC 171,654 291,805
    SHIRE PLC 211,173 243,358
    STARBUCKS CORP 211,655 402,045
    STARWOOD PPTY TR INC 420,654 439,236
    STATE STREET CORP 240,315 441,170
    TESORO CORP 194,199 643,425
    TEVA PHARMA INDS 325,374 488,835
    THERMO FISHER SCIENTIFIC 305,043 764,269
    TYCO INTL PLC 259,752 265,353
    UNITED CONTL HLDGS 319,048 508,364
    VF CORP 168,024 202,230
    VISA INC 241,198 454,917
    WHOLE FOODS MKT    
    WILLIAMS SONOMA INC 224,902 494,947

    TY 2014 InvestmentsOtherSchedule2
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WESTFIELD DIVIDEND GWTH FD LP AT COST 1,776,769 2,900,700
    PINE GROVE OFF FD LTD AT COST 3,000,000 3,476,486
    ACL ALTERNATIVE FUND AT COST 3,768,053 3,410,004
    BLACKROCK STRAT INC OPPTY AT COST 2,318,386 2,261,392
    DOUBLELINE TOTAL RETURN AT COST 4,846,988 4,911,956
    JP MORGAN INFLATION MGD AT COST 843,725 807,171
    LOOMIS SAYLES STRATEGIC AT COST 1,120,634 1,103,645
    LOOMIS SAYLES BOND FD AT COST 1,182,036 1,288,715
    METROPOLITAN WEST TOTAL RET BD FD AT COST 2,456,410 2,563,432
    PIMCO LOW DURATION FD AT COST    
    RIDGEWORTH US GOV SEC AT COST    
    RIVERNORTH DOUBLELINE STAT INC FD AT COST 1,286,581 1,290,665
    TCW EMER MKT INC FD AT COST 1,265,453 1,192,045
    DFA COMMODITY STRATEGY AT COST 525,754 440,242
    DFA EMG MKT CORE EQ PORT AT COST 317,531 325,076
    DFA INTL SMALL CO AT COST 359,582 450,593
    DFA LARGE CAP INTL PORT AT COST 932,329 893,913
    DFA REAL ESTATE SEC PORT AT COST 233,455 295,669
    DFA US LARGE CO PORT AT COST 752,991 885,737
    DFA US SMALL CAP PORT AT COST 291,458 412,411
    FIRST EAGLE GOLD FD AT COST 541,459 293,459
    GLDMN SACHS RISING DIV AT COST 609,150 736,019
    OSHAUGHNESSY ENHANCED AT COST 912,638 791,255
    VANGUARD ENERGY FD AT COST 175,359 169,386
    VIRTUS FOREIGN OPPTY AT COST 863,140 884,155
    FLEXSHARES EXCH TRD FD GLBL AT COST    
    ISHARES MSCI ETF USA MIN VOL AT COST 520,148 598,512
    GLOBAL BAL ASSET ALLOC FD III AT COST 19,571,261 18,775,878

    TY 2014 LandEtcSchedule2
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      10,688 10,228 460  


    TY 2014 LegalFeesSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,251 625   625


    TY 2014 OtherAssetsSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PROGRAM RELATED INVESTMENTS 428,147 830,653 830,653


    TY 2014 OtherExpensesSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE SUPPLIES & EXPENSE 5,232 1,310   3,922
    DUES & SUBSCRIPTIONS 2,009 502   1,507
    PAYROLL SERVICE FEES 1,823 456   1,367
    TELEPHONE 3,493 873   2,620
    INSURANCE 3,285 821   2,464
    DATA PROCESSING & WEBSITE 2,130     2,130
    UTILITIES 1,659 829   829
    OTHER INVESTMENT LOSS 3,095 3,095    


    TY 2014 OtherLiabilitiesSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAXES PAYABLE 3,600 118,700


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT & TRADE FE 357,026 357,026    
    CONSULTING FEES 416     416


    TY 2014 SubstantialContributorsSch
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Name Address
    ESTATE OF STEWART B KEAN 687 COLONIAL AVENUE
    UNION,NJ070837405


    TY 2014 TaxesSchedule
    Name:
    1772 FOUNDATION INC
    EIN: 22-2578377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 139,528