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
WEBB FAMILY FOUNDATION INC
C/O JOHN WEBB JR/EMERY & WEBB

Number and street (or P.O. box number if mail is not delivered to street address)989 MAIN STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FISHKILL, NY12524
A Employer identification number

65-0760592
B Telephone number (see instructions)

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$1,159,083J 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      
4 Dividends and interest from securities...... 30,270 30,270  
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 78,359
b Gross sales price for all assets on line 6a 227,672
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 301    
12 Total. Add lines 1 through 11........ 108,930 30,270  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,500 1,750   1,750
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 734      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,494 8,746   8,747
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,728 10,496   10,497
25 Contributions, gifts, grants paid........ 32,045 32,045
26 Total expenses and disbursements. Add lines 24 and 25 53,773 10,496   42,542
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 55,157
b Net investment income (if negative, enter -0-) 19,774
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............... 23,478 24,334 24,334
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 764,012 Click to see attachment818,313 1,134,749
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 787,490 842,647 1,159,083
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
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 787,490 842,647
30 Total net assets or fund balances (see instructions)...... 787,490 842,647
31 Total liabilities and net assets/fund balances (see instructions).. 787,490 842,647
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)............... 1 787,490
2 Enter amount from Part I, line 27a..................... 2 55,157
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 842,647
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. 6 842,647
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.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see 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 27,714 970,568 0.028554
2012 39,870 850,964 0.046853
2011 33,967 630,355 0.053886
2010 16,000 349,607 0.045766
2009 19,020 355,951 0.053434
2 Total of line 1, column (d) ...................... 2 0.228493
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 0.045699
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 1,057,307
5 Multiply line 4 by line 3....................... 5 48,318
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 198
7 Add lines 5 and 6......................... 7 48,516
8 Enter qualifying distributions from Part XII, line 4.............. 8 42,542
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 1 395
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........................... 3 395
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- ..... 5 395
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a  
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  
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 9 395
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 2015 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 Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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. ...............................
    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
     
     
    Website addressbulletNA
    14
    The books are in care ofbulletD'ARCANGELO & CO LLP Telephone no.bullet (845) 473-7774
    Located atbullet510 HAIGHT AVENUEPOUGHKEEPSIENY ZIP+4bullet12603
    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
     
     
    .........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
    PATRICIA WEBB GOODEMOTE VICE PRESIDE
    2.00     		0 0 0
    466 SCHULTZ HILL ROAD
    RHINEBECK,NY12572
    JOHN C WEBB JR PRESIDENT
    2.00     		0 0 0
    989 MAIN STREET
    FISHKILL,NY12524
    KELLEEN C MCGEE SECRETARY
    2.00     		0 0 0
    28 DARTMOUTH STREET
    BOSTON,MA02116
    JOHN C WEBB III TREASURER
    2.00     		0 0 0
    989 MAIN STREET
    FISHKILL,NY12524
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,037,555
    b
    Average of monthly cash balances.......................
    1b
    35,853
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,073,408
    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
    1,073,408
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    16,101
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,057,307
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    52,865
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    52,865
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    395
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    395
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    52,470
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    52,470
    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
    52,470
    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
    42,542
    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
    42,542
    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
    42,542
    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 52,470
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 36,789
    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$ 42,542
    a Applied to 2013, but not more than line 2a 36,789
    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..... 5,753
    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 ..........     		46,717
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    FIRST ASSEMBLY OF GOD
    OF NEW ROCHELLE
    193 MAYFLOWER AVENUE
    NEW ROCHELLE,NY10801     		NONE CHARITY GENERAL PURPOSE 1,000
    THE NY DISTRICT OF THE
    ASSEMBLIES OF GOD
    8130 OSWEGO ROAD
    LIVERPOOL,NY13088     		NONE CHARITY GENERAL PURPOSE 9,000
    NOTHERN NEW ENGLAND DIST
    501 RIVERSIDE ST
    PORTLAND,ME04103     		NONE CHARITY GENERAL PURPOSE 2,000
    ADIRONDACK COUNCIL INC
    PO BOX D 2
    ELIZABETHTOWN,NY12932     		NONE CHARITY GENERAL PURPOSE 1,000
    OSSINING GOSPEL ASSEMBLY
    OF GOD
    199 CROTON AVENUE
    OSSINING,NY10562     		NONE CHARITY GENERAL PURPOSE 3,000
    ST LAWRENCE UNIVERSITY
    23 ROMODA DRIVE
    CANTON,NY13617     		NONE CHARITY GENERAL PURPOSE 5,000
    BLUE MOUNTAIN LAKE ASSOCIATION
    PO BOX 145
    BLUE MOUNTAIN LAKE,NY12812     		NONE CHARITY GENERAL PURPOSE 50
    RHINEBECK REFORMED CHURCH
    6368 MILL STREET
    RHINEBECK,NY12572     		NONE CHARITY GENERAL PURPOSE 5,000
    ULSTER DETACHMENT MARINE CORP
    339 HASBROUCK AVENUE
    KINGSTON,NY12401     		NONE CHARITY GENERAL PURPOSE 2,000
    LEWISTON ASSEMBLY OF GOD
    4754 CREEK ROAD
    LEWISTON,NY14092     		NONE CHARITY GENERAL PURPOSE 3,395
    MUSEUM OF FINE ARTS
    465 HUNTINGTON AVENUE
    BOSTON,MA02115     		NONE CHARITY GENERAL PURPOSE 600
    Total .................................bullet 3a 32,045
    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 ............     		         
    4 Dividends and interest from securities....     14 30,270  
    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 78,359  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aCLASS ACTION LAWSUIT - CITIGR     14 301  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   108,930  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13108,930
    (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:
    WEBB FAMILY FOUNDATION INC
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN: 65-0760592
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 3,500 1,750   1,750

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    WEBB FAMILY FOUNDATION INC
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN: 65-0760592
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    KINDER MORGAN INC DEL 2013-02 PURCHASE 2014-05   2,747 3,138     -391  
    KINDER MORGAN INC DEL 2013-02 PURCHASE 2014-05   1,344 1,531     -187  
    KINDER MORGAN INC DEL 2013-02 PURCHASE 2014-05   1,901 2,167     -266  
    KINDER MORGAN INC DEL 2013-02 PURCHASE 2014-05   459 523     -64  
    VERITIV CORP 2013-07 PURCHASE 2014-07   108 107     1  
    COCA COLA COM 2009-02 PURCHASE 2014-08   3,167 1,659     1,508  
    DIAGEO PLC SPSD ADR NEW 2008-07 PURCHASE 2014-08   1,774 1,053     721  
    GENERAL MILLS 2009-03 PURCHASE 2014-08   264 126     138  
    GENERAL MILLS 2009-03 PURCHASE 2014-08   2,379 1,131     1,248  
    GENERAL MILLS 2009-03 PURCHASE 2014-08   106 50     56  
    PHILIP MORRIS INTL INC 2008-07 PURCHASE 2014-08   3,036 1,917     1,119  
    V F CORPORATION 2009-03 PURCHASE 2014-08   565 108     457  
    V F CORPORATION 2009-03 PURCHASE 2014-08   1,965 373     1,592  
    V F CORPORATION 2009-03 PURCHASE 2014-08   1,780 336     1,444  
    V F CORPORATION 2009-03 PURCHASE 2014-08   254 48     206  
    V F CORPORATION 2009-03 PURCHASE 2014-08   2,104 397     1,707  
    V F CORPORATION 2009-03 PURCHASE 2014-08   1,603 301     1,302  
    BHP BILLITON LTD ADR 2008-07 PURCHASE 2014-08   2,377 2,584     -207  
    BHP BILLITON LTD ADR 2008-07 PURCHASE 2014-08   951 1,033     -82  
    DIAGEO PLC SPSD ADR NEW 2008-07 PURCHASE 2014-08   4,277 2,528     1,749  
    DIAGEO PLC SPSD ADR NEW 2008-07 PURCHASE 2014-08   1,913 1,123     790  
    ENBRIDGE INC COM 2008-07 PURCHASE 2014-09   710 295     415  
    ENBRIDGE INC COM 2008-07 PURCHASE 2014-09   1,667 696     971  
    ENBRIDGE INC COM 2008-07 PURCHASE 2014-09   606 253     353  
    ENBRIDGE INC COM 2008-07 PURCHASE 2014-09   2,375 991     1,384  
    ENBRIDGE INC COM 2008-07 PURCHASE 2014-09   1,465 612     853  
    KIMBERLY CLARK 2008-07 PURCHASE 2014-09   1,389 745     644  
    KIMBERLY CLARK 2008-07 PURCHASE 2014-09   1,270 688     582  
    KIMBERLY CLARK 2008-07 PURCHASE 2014-09   953 516     437  
    KIMBERLY CLARK 2008-07 PURCHASE 2014-09   2,226 1,204     1,022  
    KIMBERLY CLARK 2008-07 PURCHASE 2014-09   2,456 1,318     1,138  
    KIMBERLY CLARK 2008-07 PURCHASE 2014-09   2,457 1,318     1,139  
    KIMBERLY CLARK 2008-07 PURCHASE 2014-09   427 229     198  
    MEADWESTVACO CORP 2008-07 PURCHASE 2014-09   333 189     144  
    MEADWESTVACO CORP 2008-07 PURCHASE 2014-09   616 354     262  
    PRUDENTIAL FINANCIAL INC 2010-06 PURCHASE 2014-08   3,036 1,941     1,095  
    WEYERHAEUSER CO 2008-07 PURCHASE 2014-09   2,177 3,327     -1,150  
    WEYERHAEUSER CO 2008-07 PURCHASE 2014-09   2,474 3,781     -1,307  
    WEYERHAEUSER CO 2010-09 PURCHASE 2014-09   396 186     210  
    DOMINION RES INC NEW VA 2008-07 PURCHASE 2014-10   2,716 1,650     1,066  
    ENBRIDGE INC COM 2008-07 PURCHASE 2014-10   610 295     315  
    ENBRIDGE INC COM 2008-07 PURCHASE 2014-10   3,833 1,874     1,959  
    ENBRIDGE INC COM 2008-07 PURCHASE 2014-10   3,136 1,533     1,603  
    INTL BUSINESS MACHINES 2008-07 PURCHASE 2014-10   3,077 2,423     654  
    MEADWESTVACO CORP 2008-07 PURCHASE 2014-09   656 378     278  
    MEADWESTVACO CORP 2008-07 PURCHASE 2014-09   206 118     88  
    MEADWESTVACO CORP 2008-07 PURCHASE 2014-09   453 260     193  
    MEADWESTVACO CORP 2008-07 PURCHASE 2014-10   3,023 1,748     1,275  
    MEADWESTVACO CORP 2008-07 PURCHASE 2014-10   3,105 1,862     1,243  
    MEADWESTVACO CORP 2008-07 PURCHASE 2014-10   2,492 1,494     998  
    NEXTERA ENERGY INC SHS 2007-05 PURCHASE 2014-10   3,039 2,045     994  
    TRAVELERS COS INC 2008-03 PURCHASE 2014-10   1,585 806     779  
    TRAVELERS COS INC 2008-03 PURCHASE 2014-10   746 379     367  
    TRAVELERS COS INC 2008-03 PURCHASE 2014-10   5,923 2,985     2,938  
    UNITED TECHS CORP COM 2008-07 PURCHASE 2014-10   1,021 649     372  
    UNITED TECHS CORP COM 2008-07 PURCHASE 2014-10   5,550 3,569     1,981  
    UNITED TECHS CORP COM 2008-07 PURCHASE 2014-10   1,413 908     505  
    WAL-MART STORES INC 2007-05 PURCHASE 2014-10   3,047 1,881     1,166  
    UNILEVER NV NY REG SHS 2008-07 PURCHASE 2014-11   663 512     151  
    UNILEVER NV NY REG SHS 2008-07 PURCHASE 2014-11   1,827 1,415     412  
    UNILEVER NV NY REG SHS 2008-07 PURCHASE 2014-11   391 301     90  
    CHEVRON CORP 2006-07 PURCHASE 2015-01   3,094 1,961     1,133  
    CHEVRON CORP 2006-07 PURCHASE 2015-01   4,771 3,007     1,764  
    CALIFORNIA RESOURCES 2008-07 PURCHASE 2015-01   120 170     -50  
    CALIFORNIA RESOURCES 2008-07 PURCHASE 2015-01   166 235     -69  
    DUKE ENERGY CORP NEW 2013-02 PURCHASE 2015-01   5,155 4,142     1,013  
    DUKE ENERGY CORP NEW 2013-02 PURCHASE 2015-01   434 345     89  
    DUKE ENERGY CORP NEW 2013-02 PURCHASE 2015-01   3,471 2,770     701  
    GENERAL MILLS 2009-03 PURCHASE 2015-01   796 377     419  
    GENERAL MILLS 2009-03 PURCHASE 2015-01   2,070 980     1,090  
    GENERAL MILLS 2009-03 PURCHASE 2015-01   3,034 1,433     1,601  
    MCDONALDS CORP COM 2008-07 PURCHASE 2015-01   4,014 2,632     1,382  
    TORONTO DOMINION BANK 2011-07 PURCHASE 2015-01   3,209 3,097     112  
    TORONTO DOMINION BANK 2011-07 PURCHASE 2015-01   296 285     11  
    TORONTO DOMINION BANK 2011-07 PURCHASE 2015-01   3,363 3,301     62  
    TORONTO DOMINION BANK 2012-08 PURCHASE 2015-01   457 447     10  
    TORONTO DOMINION BANK 2012-08 PURCHASE 2015-01   2,044 1,992     52  
    V F CORPORATION 2009-03 PURCHASE 2015-01   2,039 337     1,702  
    V F CORPORATION 2009-03 PURCHASE 2015-01   2,079 349     1,730  
    V F CORPORATION 2009-03 PURCHASE 2015-01   576 96     480  
    UNION PACIFIC CORP 2014-01 PURCHASE 2015-01   2,792 2,130     662  
    CHUBB CORP 2008-07 PURCHASE 2015-02   203 94     109  
    CHUBB CORP 2008-07 PURCHASE 2015-02   911 422     489  
    CHUBB CORP 2008-07 PURCHASE 2015-02   997 469     528  
    CHUBB CORP 2008-07 PURCHASE 2015-02   1,095 516     579  
    CHUBB CORP 2008-07 PURCHASE 2015-02   994 469     525  
    HOME DEPOT INC 2010-04 PURCHASE 2015-02   4,125 1,226     2,899  
    HOME DEPOT INC 2010-04 PURCHASE 2015-02   1,905 563     1,342  
    JOHNSON CONTROLS INC 2011-03 PURCHASE 2015-02   2,451 2,065     386  
    JOHNSON CONTROLS INC 2011-03 PURCHASE 2015-02   3,460 2,915     545  
    JOHNSON CONTROLS INC 2011-03 PURCHASE 2015-02   817 663     154  
    JOHNSON CONTROLS INC 2011-03 PURCHASE 2015-02   913 741     172  
    METLIFE INC COM 2013-07 PURCHASE 2015-02   2,505 2,388     117  
    PRUDENTIAL FINANCIAL INC 2010-06 PURCHASE 2015-02   401 285     116  
    PRUDENTIAL FINANCIAL INC 2010-06 PURCHASE 2015-02   2,007 1,427     580  
    AMERICAN TOWER REIT INC 2013-01 PURCHASE 2015-03   4,614 3,872     742  
    BRISTOL-MYERS SQUIBB CO 2007-05 PURCHASE 2015-03   548 240     308  
    COMCAST CRP NEW CL A SPL 2011-02 PURCHASE 2015-03   650 263     387  
    CHEVRON CORP 2006-07 PURCHASE 2015-03   1,372 850     522  
    CHEVRON CORP 2007-05 PURCHASE 2015-03   1,688 1,272     416  
    CHEVRON CORP 2007-05 PURCHASE 2015-03   533 397     136  
    CONOCOPHILLIPS 2006-09 PURCHASE 2015-03   446 315     131  
    CME GROUP INC 2014-01 PURCHASE 2015-03   400 295     105  
    CITIGROUP INC COM NEW 2013-03 PURCHASE 2015-03   848 761     87  
    CHUBB CORP 2008-07 PURCHASE 2015-03   411 188     223  
    DOMINIION RES INC NEW VA 2008-07 PURCHASE 2015-03   502 304     198  
    EXXON MOBIL CORP COM   PURCHASE 2015-03   2,632 950     1,682  
    EXXON MOBIL CORP COM   PURCHASE 2015-03   681 254     427  
    FIFTH THIRD BANCORP 2012-12 PURCHASE 2015-03   507 393     114  
    GENERAL ELECTRIC 2004-08 PURCHASE 2015-03   635 792     -157  
    HONEYWELL INTL INC DEL 2011-04 PURCHASE 2015-03   737 412     325  
    HOME DEPOT INC 2010-04 PURCHASE 2015-03   936 265     671  
    INTEL CORP 2009-09 PURCHASE 2015-03   1,070 668     402  
    INTL PAPER CO 2013-07 PURCHASE 2015-03   545 475     70  
    JPMORGAN CHASE & CO 2007-08 PURCHASE 2015-03   1,552 1,153     399  
    LOCKHEED MARTIN CORP 2014-01 PURCHASE 2015-03   406 302     104  
    MORGAN STANLEY 2014-01 PURCHASE 2015-03   586 521     65  
    METLIFE INC COM 2013-07 PURCHASE 2015-03   566 536     30  
    MERCK AND CO INC SHS 2008-07 PURCHASE 2015-03   521 292     229  
    MOTOROLA SOLUTIONS INC 2013-10 PURCHASE 2015-03   467 423     44  
    MONDELEZ INTERNATIONAL 2013-04 PURCHASE 2015-03   456 409     47  
    MCDONALDS CORP COM 2008-07 PURCHASE 2015-03   487 299     188  
    MICROSOFT CORP 2010-07 PURCHASE 2015-03   1,158 690     468  
    NEXTERA ENERGY INC SHS 2007-05 PURCHASE 2015-03   420 256     164  
    OCCIDENTAL PETE CORP CAL 2008-07 PURCHASE 2015-03   808 795     13  
    PRUDENTIAL FINANCIAL INC 2010-06 PURCHASE 2015-03   407 285     122  
    PFIZER INC 2008-04 PURCHASE 2015-03   750 438     312  
    PROCTER & GAMBLE CO 2008-07 PURCHASE 2015-03   671 520     151  
    RAYTHEON CO DELAWARE NEW 2008-07 PURCHASE 2015-03   904 463     441  
    SCHLUMBERGER LTD 2008-02 PURCHASE 2015-03   495 501     -6  
    SUNTRUST BKS INC COM 2013-02 PURCHASE 2015-03   982 639     343  
    TOTAL S.A. SP ADR 2008-07 PURCHASE 2015-03   907 1,364     -457  
    TOTAL S.A. SP ADR 2008-07 PURCHASE 2001-03   101 152     -51  
    TRAVELERS COS INC 2008-03 PURCHASE 2015-03   768 332     436  
    US BANCORP NEW 2007-05 PURCHASE 2015-03   450 345     105  
    UNITED TECHS CORP COM 2008-07 PURCHASE 2015-03   601 324     277  
    VERIZON COMMUNICATIONS COM 2007-05 PURCHASE 2015-03   2,255 1,748     507  
    VERIZON COMMUNICATIONS COM 2007-05 PURCHASE 2015-03   894 684     210  
    WAL-MART STORES INC 2007-05 PURCHASE 2015-03   413 241     172  
    WELLS FARGO & CO NEW DEL 2008-07 PURCHASE 2015-03   898 475     423  
    GOLDMAN SACHS GROUP INC 2014-10 PURCHASE 2015-03   773 733     40  
    KROGER CO 2014-10 PURCHASE 2015-03   538 379     159  
    ANTHEM INC 2015-01 PURCHASE 2015-03   158 135     23  
    ANTHEM INC 2015-01 PURCHASE 2015-03   317 269     48  
    TYCO INTL PLC SHS 2014-10 PURCHASE 2015-03   389 380     9  
    UNITEDHEALTH GROUP INC 2015-01 PURCHASE 2015-03   599 522     77  
    WAL-MART STORES INC 2007-05 PURCHASE 2015-04   1,871 1,158     713  
    WAL-MART STORES INC 2007-05 PURCHASE 2015-04   1,716 1,061     655  
    WAL-MART STORES INC 2007-05 PURCHASE 2015-04   4,076 2,508     1,568  
    WAL-MART STORES INC 2007-05 PURCHASE 2015-04   1,174 725     449  

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    WEBB FAMILY FOUNDATION INC
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN: 65-0760592
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 3,913 6,499
    ABBVIE INC SHS 4,243 9,052
    ACE LIMITED 5,224 9,201
    AMERICAN EXPRESS COMPANY 5,905 9,836
    AMERICAN TOWER REIT INC    
    AMERICAN INTERNATIONAL 9,559 9,794
    ANTHEM INC 14,548 15,848
    BHP BILLITON LTD ADR 10,926 7,591
    BRISTOL-MYERS SQUIBB CO 13,133 30,909
    CHEVRON CORP 8,454 11,772
    CHUBB CORP 5,773 12,097
    CITIGROUP INC COM NEW 22,197 23,781
    CME GROUP INC 7,843 9,636
    CMS ENERGY CORP 8,977 8,652
    COCA COLA COM 3,021 5,678
    COMCAST CRP NEW CL A SPL 16,017 27,931
    CONOCOPHILLIPS 7,170 9,645
    DIAGEO PLC SPSD ADR NEW 6,881 10,880
    DOLLAR GENERAL CORP 8,605 8,289
    DOMINION RES INC NEW VA 8,803 17,203
    DOW CHEMICAL CO 5,822 8,466
    DU PONT E I DE NEMOURS 17,374 26,279
    DUKE ENERGY CORP NEW    
    ENBRIDGE INC    
    EVERSOURCE ENERGY COM 4,872 9,459
    EXXON MOBIL CORP 12,648 22,017
    FIFTH THIRD BANCORP 8,696 11,040
    GENERAL ELECTRIC 33,751 32,415
    GENERAL MILLS    
    GOLDMAN SACHS GROUP INC 11,594 12,178
    HOME DEPOT 14,864 29,740
    HONEYWELL INTL INC DEL 8,155 13,422
    INTEL CORP 15,767 21,125
    INTL BUSINESS MACHINES 8,799 11,819
    INTL PAPER CO 11,331 12,732
    JOHNSON & JOHNSON 10,358 16,666
    JOHNSON CONTROLS INC    
    JP MORGAN CHASE AND CO 28,531 41,688
    KIMBERLY CLARK    
    KINDER MORGAN INC DEL    
    KROGER CO 8,495 10,888
    LOCKHEED MARTIN CORP 15,596 17,167
    MARATHON OIL CORP 6,981 6,966
    MARATHON PETROLEUM CORP 4,763 11,138
    MCDONALDS CORP 9,092 14,772
    MEADWESTVACO CORP    
    MERCK & CO INC 17,312 25,909
    METLIFE INC 14,031 13,387
    MICROSOFT CORP 21,932 30,886
    MONDELEZ INTERNATIONAL 9,533 11,626
    MORGAN STANLEY 19,506 21,229
    MOTOROLA SOLUTIONS INC 7,505 7,409
    NEXTERA ENERGY INC SHS 10,675 16,855
    NORTHEAST UTILITIES COM    
    NORTHROP GRUMMAN CORP 6,946 18,177
    OCCIDENTAL PETE CORP CAL 14,960 16,340
    PFIZER INC DEL 18,041 26,126
    PHILIP MORRIS INTL INC 4,100 7,930
    PHILLIPS 66 SHS 2,211 5,869
    PRAXAIR INC 9,580 12,437
    PROCTER & GAMBLE CO 19,450 21,945
    PRUDENTIAL FINANCIAL INC 10,317 13,056
    QUALCOMM INC 16,772 15,640
    QUEST DIAGNOSTICS INC 9,182 8,428
    RAYTHEON CO DELAWARE NEW 14,415 25,896
    SCHLUMBERGER LTD 9,641 10,691
    SEMPRA ENERGY 5,184 10,829
    SUNTRUST BKS INC COM 19,669 24,942
    TORONTO DOMINION BANK    
    TOTAL S.A. SP ADR 21,426 16,987
    TRAVELERS COS INC 9,093 19,312
    TYCO INTL PLC SHS 8,068 7,718
    UNILEVER NV NY REG SHS 2,498 3,609
    UNION PACIFIC CORP 8,945 11,154
    UNITED PARCEL SVC CL B 9,898 11,661
    UNITED TECHS CORP 7,919 15,356
    UNITEDHEALTH GROUP INC 20,169 21,389
    US BANCORP (NEW) 12,160 15,905
    V F CORPORATION 1,407 8,475
    VERIZON COMMUNICATIONS COM 17,931 23,809
    WAL-MART STORES INC    
    WELLS FARGO & CO NEW 18,897 35,099
    WEYERHAEUSER CO 4,087 8,288
    3M COMPANY 6,172 16,109

    TY 2014 OtherExpensesSchedule
    Name:
    WEBB FAMILY FOUNDATION INC
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN: 65-0760592
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT FEES 17,494 8,746   8,747


    TY 2014 OtherIncomeSchedule2
    Name:
    WEBB FAMILY FOUNDATION INC
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN: 65-0760592
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION LAWSUIT - CITIGR 301    


    TY 2014 TaxesSchedule
    Name:
    WEBB FAMILY FOUNDATION INC
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN: 65-0760592
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON DIVIDENDS 331      
    FEDERAL TAXES 403