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
Seidman Family Foundation
 
% Seidman Family Foundation
Number and street (or P.O. box number if mail is not delivered to street address)307 CULVER HILL ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Middlesex, VT05602
A Employer identification number

13-6098204
B Telephone number (see instructions)

(303) 621-2796
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$5,732,123J 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).............. 0
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 509 509  
4 Dividends and interest from securities...... 164,396 164,396  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 337,178
b Gross sales price for all assets on line 6a 3,295,039
7 Capital gain net income (from Part IV, line 2)... 337,178
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 19,557 224  
12 Total. Add lines 1 through 11........ 521,640 502,307  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,798     1,798
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 35,055 35,055    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,367 1,667    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,321     6,321
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 25,787 740   25,047
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 76,328 37,462   33,166
25 Contributions, gifts, grants paid........ 208,000 208,000
26 Total expenses and disbursements. Add lines 24 and 25 284,328 37,462   241,166
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 237,312
b Net investment income (if negative, enter -0-) 464,845
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...............      
2 Savings and temporary cash investments.......... 426,741 1,253,435 1,253,435
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) 310,328 Click to see attachment239,063 234,224
b Investments—corporate stock (attach schedule)........ 2,995,517 Click to see attachment2,406,933 2,754,355
c Investments—corporate bonds (attach schedule)........ 199,850 Click to see attachment200,005 200,000
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,128,832 Click to see attachment1,199,644 1,290,109
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) 5,061,268 5,299,080 5,732,123
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 5,061,268 5,299,080
30 Total net assets or fund balances (see instructions)...... 5,061,268 5,299,080
31 Total liabilities and net assets/fund balances (see instructions).. 5,061,268 5,299,080
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 5,061,268
2 Enter amount from Part I, line 27a..................... 2 237,312
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 500
4 Add lines 1, 2, and 3.......................... 4 5,299,080
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 5,299,080
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 Publicly-traded Securities      
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 3,295,039   2,957,861 337,178
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       337,178
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 2 337,178
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 332,814 5,380,073 0.06186
2012 154,781 5,073,216 0.030509
2011 330,770 5,372,752 0.061564
2010 309,953 5,105,308 0.060712
2009 256,738 5,037,864 0.050962
2 Total of line 1, column (d) ...................... 2 0.265607
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 0.053121
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 5,635,040
5 Multiply line 4 by line 3....................... 5 299,339
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,648
7 Add lines 5 and 6......................... 7 303,987
8 Enter qualifying distributions from Part XII, line 4.............. 8 241,166
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 9,297
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 9,297
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 9,297
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 6,764
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,765
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,529
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 232
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet232 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)
    bulletNM
    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
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletSeidman Family Foundation Telephone no.bullet (303) 621-2796
    Located atbullet307 Culver Hill RoadMiddlesexVT ZIP+4bullet05602
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 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
    Corey HarrowerClick to see attachment Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    Mariah HarrowerClick to see attachment Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    Tracy S HephnerClick to see attachment Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    B Thomas SeidmanClick to see attachment Vice Chair / Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    Jack SeidmanClick to see attachment Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    Nancy C SeidmanClick to see attachment Sec / Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    Sarah SeidmanClick to see attachment Chair / Trustee
    1.0     		1,798    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    Jane R VolockClick to see attachment Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    Keaton WilliamsClick to see attachment Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    Margaret WilliamsClick to see attachment Treas / Trustee
    1.0     		0    
    307 CULVER HILL ROAD
    Middlesex,VT05602
    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
     
    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
     
    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  
    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
    4,050,280
    b
    Average of monthly cash balances.......................
    1b
    428,683
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,241,890
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,720,853
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,720,853
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    85,813
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,635,040
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    281,752
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    281,752
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    9,297
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,297
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    272,455
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    500
    5
    Add lines 3 and 4............................
    5
    272,955
    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
    272,955
    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
    241,166
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    241,166
    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
    241,166
    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 7 272,955
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:2012, 2011, 2010  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011....... 29,382
    d From 2012.......  
    e From 2013....... 68,657
    fTotal of lines 3a through e......... 98,039
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 241,166
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 241,166
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 31,789 31,789
    (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 66,250
    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 ..........     		0
    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 ......     		66,250
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013.... 66,250
    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).)
    NONE
    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
    A HAND FOR A PAW INC
    114 LAKESIDE DR
    BRIDGEPORT,CT06606     		N/A PC General & Unrestricted 800
    ABSAROKA BEARTOOTH WILDERNESS FOUNDATION
    PO BOX 392
    RED LODGE,MT59068     		N/A PC General & Unrestricted 500
    AMERICAN NATIONAL RED CROSS
    PO BOX 97089
    WASHINGTON,DC20090     		N/A PC General & Unrestricted 500
    A Silva
    264 East Bridle Way
    Gilbert,AZ85295     		NONE I Hardship Assistance Grant 3,000
    BE A LEADER FOUNDATION
    1715 W NORTHERN AVE STE 104
    PHOENIX,AZ85021     		N/A PC General & Unrestricted 500
    BEARTOOTH HOSPITAL & HEALTH CENTER FOUNDATION
    PO BOX 1290
    RED LODGE,MT59068     		N/A PC Dr. James and Juanita Scholarship Fund 1,000
    BEARTOOTH RECREATIONAL TRAILS ASSOCIATION
    PO BOX 1872
    RED LODGE,MT59068     		N/A PC General & Unrestricted 500
    BILLINGS FOOD BANK INC
    2112 4TH AVE N
    BILLINGS,MT59101     		N/A PC General & Unrestricted 500
    BOYS & GIRLS CL OF RED LODGE & THE BEARTOOTH FRONT
    PO BOX 11
    RED LODGE,MT59068     		N/A PC General & Unrestricted 5,000
    BOYS & GIRLS CLUBS OF AMERICA
    1275 PEACHTREE ST NE
    ATLANTA,GA30309     		N/A PC General & Unrestricted 1,000
    BRANDON BALLET INC
    161 E BLOOMINGDALE AVE
    BRANDON,FL33511     		N/A PC General & Unrestricted 500
    CARBON COUNTY COMMUNITY FOOD BANK
    PO BOX 665
    RED LODGE,MT59068     		N/A PC General & Unrestricted 1,000
    CENTRAL VERMONT ADULT BASIC EDUCATION INC
    46 WASHINGTON ST STE 100
    BARRE,VT05641     		N/A PC General & Unrestricted 1,000
    CHARITY GLOBAL INC - CHARITY WATER
    200 VARICK ST STE 201
    NEW YORK,NY10014     		N/A PC General & Unrestricted 1,000
    CHILDREN FIRST INC
    1723 N ORANGE AVE
    SARASOTA,FL34234     		N/A PC General & Unrestricted 1,000
    CHILDRENS HOSPITAL OF LOS ANGELES
    4650 W SUNSET BLVD
    LOS ANGELES,CA90027     		N/A PC General & Unrestricted 1,000
    CIBOLA HIGH SCHOOL
    1510 ELLISON DR NW
    ALBUQUERQUE,NM87114     		N/A PC Bowling Team 1,500
    CIBOLA HIGH SCHOOL
    1510 ELLISON DR NW
    ALBUQUERQUE,NM87114     		N/A PC Bowling Team 3,500
    CIRCLE INC
    PO BOX 652
    BARRE,VT05641     		N/A PC General & Unrestricted 500
    COLUMBIA UNIVERSITY GRADUATE SCHOOL OF JOURNALISM
    2950 BROADWAY MC 3800
    NEW YORK,NY10027     		N/A PC General & Unrestricted 1,000
    DARE TO CARE INC
    5803 FERN VALLEY RD
    LOUISVILLE,KY40228     		N/A PC General & Unrestricted 500
    DEMOCRACY NOW PRODUCTIONS INC
    207 W 25TH ST
    NEW YORK,NY10001     		N/A PC General & Unrestricted 500
    DESERT FOOTHILLS ATHLETIC CLUB INC
    30845 N CAVE CREEK RD
    CAVE CREEK,AZ85331     		N/A PC 2001 Girls Red Team 2,000
    DOMESTIC & SEXUAL VIOLENCE SERVICES OF CARBON CTY
    PO BOX 314
    RED LODGE,MT59068     		N/A PC General & Unrestricted 500
    ELBERT COUNTY COALITION FOR OUTREACH
    PO BOX 672
    KIOWA,CO80117     		N/A PC to aid community members in need and general & unrestricted 1,000
    ELIZABETH FIREFIGHTERS COMMUNITY FOUNDATION
    155 W KIOWA AVE
    ELIZABETH,CO80107     		N/A PC General & Unrestricted 1,500
    ELIZABETH HIGH SCHOOL
    PO BOX 660
    ELIZABETH,CO80107     		N/A PC Elizabeth High School Rodeo Team 2,500
    EVERGREEN RODEO ASSOCIATION
    PO BOX 759
    EVERGREEN,CO80437     		N/A PC General & Unrestricted 1,250
    EVERYDAY BLESSINGS INC
    13129 SAINT FRANCIS LN
    THONOTOSASSA,FL33592     		N/A PC General & Unrestricted 500
    FINCA INTERNATIONAL INC
    1201 15TH ST
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 2,500
    FRACTURED ATLAS
    248 W 35TH ST 10TH FL
    NEW YORK,NY10001     		N/A PC Sarasota-Manatee Dance Alliance 500
    FRIENDS OF MONTANA PBS INC
    PO BOX 10715
    BOZEMAN,MT59719     		N/A PC General & Unrestricted 1,000
    FRIENDS OF NORTH BRANCH NATURE CENTER INC
    713 ELM ST
    MONTPELIER,VT05602     		N/A PC General & Unrestricted 500
    FRIENDS OF PUBLIC RADIO INC
    1500 N 30TH ST
    BILLINGS,MT59101     		N/A PC General & Unrestricted 1,000
    FUZION DANCE ARTISTS INC
    8437 TUTTLE AVE
    SARASOTA,FL34243     		N/A PC General & Unrestricted 2,000
    GOAT IN THE ROAD PRODUCTIONS
    3726 DAUPHINE ST APT 204
    NEW ORLEANS,LA70117     		N/A PC Play/Write program 500
    GODDARD COLLEGE CORPORATION
    123 PITKIN RD
    PLAINFIELD,VT05667     		N/A PC Haybarn Renovation Fund 1,000
    GOODWILL INDUSTRIES OF SOUTHERN CALIFORNIA
    342 N SAN FERNANDO RD
    LOS ANGELES,CA90031     		N/A PC General & Unrestricted 300
    GOVERNORS INSTITUTES OF VERMONT
    4049 WILLISTON RD STE 4
    SOUTH BURLINGTON,VT05403     		N/A PC Gov. Institute on the Arts 1,000
    GREEN MOUNTAIN UNITED WAY
    1 CONTI CIR UNIT 3
    BARRE,VT05641     		N/A PC Washington, Lamoille, and Orange counties' divisions 2,000
    HEAD START INC
    615 N 19TH ST
    BILLINGS,MT59101     		N/A PC General & Unrestricted 1,000
    HORSE CARE PROGRAM
    PO BOX 733
    EVERGREEN,CO80437     		N/A PC Colorado Hay Food Bank 2,000
    HORSE CARE PROGRAM
    PO BOX 733
    EVERGREEN,CO80437     		N/A PC Colorado hay food bank 250
    HUMANE FARM ANIMAL CARE
    PO BOX 727
    HERNDON,VA20172     		N/A PC General & Unrestricted 1,000
    IMPACTASSETS INC
    7315 WISCONSIN AVE STE 1100W
    BETHESDA,MD20814     		N/A PC Donor-advised Fund 100,000
    INJURED MARINE SEMPER FI FUND
    825 COLLEGE BLVD STE 102
    OCEANSIDE,CA92057     		N/A PC General & Unrestricted 500
    INTERMOUNTAIN PLANNED PARENTHOOD INC
    1116 GRAND AVE STE 101
    BILLINGS,MT59102     		N/A PC General & Unrestricted 500
    INTERNATIONAL CAMPAIGN FOR TIBET
    1825 JEFFERSON PL NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 500
    INTERNATIONAL COMMUNITY FOUNDATION
    2505 N AVE
    NATIONAL CITY,CA91950     		N/A PC La Semilla de La Vida A.C Program 200
    ISABEL PROJECT
    4125 36TH LN
    AVONDALE,CO81022     		N/A PC General & Unrestricted 1,000
    JAZZ CLUB OF SARASOTA INC
    330 S PINEAPPLE AVE STE 111
    SARASOTA,FL34236     		N/A PC General & Unrestricted 500
    JESTER & PHARLEY PHUND
    PO BOX 817
    PLS VRDS EST,CA90274     		N/A PC General & Unrestricted 3,000
    JEWISH FAMILY SERVICE OF LOS ANGELES
    3580 WILSHIRE BLVD 7TH FL
    LOS ANGELES,CA90010     		N/A PC General & Unrestricted 1,000
    KELLOGG HUBBARD LIBRARY
    135 MAIN ST
    MONTPELIER,VT05602     		N/A PC General & Unrestricted 2,000
    KIOWA VOLUNTEER FIRE DEPARTMENT
    PO BOX 321
    KIOWA,CO80117     		N/A PC Education and general & unrestricted 1,000
    KOCE-TV FOUNDATION
    PO BOX 25113
    SANTA ANA,CA92799     		N/A PC General & Unrestricted 100
    LEUKEMIA & LYMPHOMA SOCIETY INC
    1421 E 12 MILE RD BLDG A
    MADISON HEIGHTS,MI48071     		N/A PC General & Unrestricted 1,000
    LOST NATION THEATER INC
    39 MAIN ST CITY HALL
    MONTPELIER,VT05602     		N/A PC General & Unrestricted 1,000
    MENTAL HEALTH COMMUNITY CENTER INC
    240B S TUTTLE AVE
    SARASOTA,FL34237     		N/A PC General & Unrestricted 1,000
    NATIONAL AMBUCS INC
    PO BOX 5127
    HIGH POINT,NC27262     		N/A PC Atlanta Chapter 1,000
    NEW LEASH ON LIFE ANIMAL RESCUE FOUNDATION
    16742 PLACERITA CANYON RD
    NEWHALL,CA91321     		N/A PC General & Unrestricted 1,000
    NORTHERN PLAINS RESOURCE COUNCIL
    220 S 27TH ST STE A
    BILLINGS,MT59101     		N/A PC General & Unrestricted 1,000
    NORTHERN PLAINS RESOURCE COUNCIL
    220 S 27TH ST STE A
    BILLINGS,MT59101     		N/A PC Beartooth Front Defense Fund 1,000
    OPERATION SHOEBOX
    8360 E HWY 25
    BELLEVIEW,FL34420     		N/A PC General & Unrestricted 500
    OPERATION SMILE INC
    3641 FACULTY BLVD
    VIRGINIA BEACH,VA23453     		N/A PC General & Unrestricted 500
    PASADENA ARTS COUNCIL
    65 S GRAND AVE
    PASADENA,CA91105     		N/A PC wasteLAnd Project 500
    PESTICIDE ACTION NETWORK N AMERICA REGIONAL CTR
    1611 TELEGRAPH AVE STE 1200
    OAKLAND,CA94612     		N/A PC General & Unrestricted 500
    PLANNED PARENTHOOD OF NORTHERN NEW ENGLAND
    128 LAKESIDE AVE STE 301
    BURLINGTON,VT05401     		N/A PC General & Unrestricted 2,000
    PLANTING HOPE INC
    PO BOX 56
    MONTPELIER,VT05601     		N/A PC General & Unrestricted 500
    RED LODGE MUSIC FESTIVAL
    1925 GRAND AVE STE 102B
    BILLINGS,MT59102     		N/A PC General & Unrestricted 500
    RED LODGE THEATRICAL COMMUNITY INC
    PO BOX 830
    RED LODGE,MT59068     		N/A PC General & Unrestricted 500
    RINGLING COLLEGE OF ART AND DESIGN INC
    2700 N TAMIAMI TRL
    SARASOTA,FL34234     		N/A PC Ringling College of Art and Design 500
    ROBERTS COMMUNITY FOUNDATION INC
    PO BOX 284
    ROBERTS,MT59070     		N/A PC Roberts Parents for the Performing Arts Program 2,000
    SARASOTA BALLET OF FLORIDA INC
    5555 N TAMIAMI TRL
    SARASOTA,FL34243     		N/A PC General & Unrestricted 3,000
    SARASOTA DANCE FESTIVAL INC
    PO BOX 3862
    SARASOTA,FL34230     		N/A PC General & Unrestricted 1,000
    SCHOOL ON WHEELS INC
    PO BOX 23371
    VENTURA,CA93002     		N/A PC General & Unrestricted 500
    SELAH FREEDOM INC
    PO BOX 21415
    SARASOTA,FL34276     		N/A PC General & Unrestricted 1,000
    SOUTHEASTERN GUIDE DOGS INC
    4210 77TH ST E
    PALMETTO,FL34221     		N/A PC General & Unrestricted 1,000
    SOUTHERN CALIFORNIA PUBLIC RADIO
    474 S RAYMOND AVE
    PASADENA,CA91105     		N/A PC General & Unrestricted 100
    STUDIO PLACE ARTS INCORPORATED
    201 N MAIN ST
    BARRE,VT05641     		N/A PC General & Unrestricted 1,000
    STUDIO PLACE ARTS INCORPORATED
    201 N MAIN ST
    BARRE,VT05641     		N/A PC less mortgage-more art Campaign 1,000
    THE HELP GROUP CHILD AND FAMILY CENTER
    13130 BURBANK BLVD
    SHERMAN OAKS,CA91401     		N/A PC General & Unrestricted 1,000
    THE LEUKEMIA & LYMPHOMA SOCIETY
    6033 CENTURY BLVD STE 300
    LOS ANGELES,CA90045     		N/A PC Lauren Sczudlo Research Grant 1,000
    THE SALVATION ARMY - SOUTHERN CALIFORNIA DIVISION
    180 E OCEAN BLVD
    LONG BEACH,CA90802     		N/A PC General & Unrestricted 1,000
    THE SARASOTA CUBAN BALLET SCHOOL INC
    501 N BENEVA RD STE 700
    SARASOTA,FL34232     		N/A PC student scholarships fund 2,000
    THE UCLA FOUNDATION
    10945 LE CONTE AVE STE 3132
    LOS ANGELES,CA90095     		N/A PC General & Unrestricted 500
    THOROUGHBRED RETIREMENT FOUNDATION
    10 LAKE AVE STE 2
    SARATOGA SPGS,NY12866     		N/A PC General & Unrestricted 500
    THOUSAND OAKS LIBRARY FOUNDATION
    1401 E JANSS RD
    THOUSAND OAKS,CA91362     		N/A PC General & Unrestricted 1,000
    TROY CITY SCHOOL DISTRICT
    1976 BURDETT AVE
    TROY,NY12180     		N/A PC sponsorship of classroom 1,000
    TRUSTEES OF DARTMOUTH COLLEGE
    6066 DEVELOPMENT OFC
    HANOVER,NH03755     		N/A PC General & Unrestricted 1,000
    UNIDOSNOW INC
    PO BOX 3131
    SARASOTA,FL34230     		N/A PC General & Unrestricted 2,000
    UNITED WAY SUNCOAST INC
    5201 W KENNEDY BLVD STE 600
    TAMPA,FL33609     		N/A PC Sarasota area Division 500
    USA DANCE INC - WHITE SANDS CHAPTER 6012
    5405 18TH COURT W
    BRADENTON,FL34207     		N/A PC General & Unrestricted 500
    VERMONT COMMUNITY FOUNDATION
    3 COURT ST
    MIDDLEBURY,VT05753     		N/A PC General & Unrestricted 2,000
    VERMONT FOODBANK
    33 PARKER RD
    BARRE,VT05641     		N/A PC General & Unrestricted 500
    VERMONT HUMANITIES COUNCIL
    11 LOOMIS ST
    MONTPELIER,VT05602     		N/A PC General & Unrestricted 500
    VERMONT LAND TRUST INC
    8 BAILEY AVE
    MONTPELIER,VT05602     		N/A PC General & Unrestricted 500
    VERMONT PUBLIC RADIO
    20 TROY AVE
    COLCHESTER,VT05446     		N/A PC General & Unrestricted 500
    VERMONT STUDIO CENTER INC
    PO BOX 613
    JOHNSON,VT05656     		N/A PC General & Unrestricted 2,500
    WUSF PUBLIC BROADCASTING
    4202 E FOWLER AVE TVB100
    TAMPA,FL33620     		N/A PC General & Unrestricted 1,500
    WWP INC - WOUNDED WARRIOR PROJECT INC
    4899 BELFORT RD STE 300
    JACKSONVILLE,FL32256     		N/A PC General & Unrestricted 1,000
    ZAC FELKEY MEMORIAL FUND
    PO BOX 5165
    BOZEMAN,MT59717     		N/A PC General & Unrestricted 1,000
    Total .................................bullet 3a 208,000
    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 ............     		    14 509  
    4 Dividends and interest from securities....     14 164,396  
    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 .............     		    18 337,178  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Inc/Loss     14 224  
    bFederal Tax Refund     01 19,333  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   521,640  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13521,640
    (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 CompensationExplanation
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Person Name Explanation
    Tracy S Hephner Removed in 2014

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

    TY 2014 DepreciationSchedule
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    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

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CALVERT SOCIAL INVT FNDTN 200,005 200,000

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 12,867 21,197
    A P MOLLAR MAERSK A 8,271 8,064
    ABBOTT LABS 13,416 16,207
    ABERDEEN ASSET MANAGEMENT PLC 4,135 4,412
    ACORDA THERAPEUTICS, INC. 10,088 14,713
    AGL RESOURCES INC. 4,746 5,396
    AIA GROUP 4,716 6,696
    ALASKA AIR GROUP INC 7,817 11,235
    ALBEMARLE CP 5,581 5,111
    ALCOA INC. 4,778 8,448
    ALLIANCE DATA SYSTEM CORP 12,604 15,161
    ALNYLAM PHARMACEUTICALS, INC 2,001 10,379
    AMAZON COM 6,284 9,931
    AMDOCS LIMITED 4,720 5,133
    AMER FIN GRP HLD 6,788 7,347
    AMERICAN CAPITAL AGENCY CORP. 4,601 3,384
    AMERICAN EXPRESS CO 20,361 31,261
    AMERICAN STATES WATER CO 2,386 3,954
    AMERISOURCEBERGEN CORP 6,284 8,295
    AMTRUST FINANCIAL SERVICES, IN 6,729 10,744
    ANALOG DEVICES INC. 3,676 4,997
    ANIKA THERAPEUTICS INC 2,844 2,811
    APOGEE ENTERPRISES, INC. 692 2,203
    APPLE INC. 7,160 12,914
    APPLIED MATERIALS INC. 12,983 19,064
    ARROW ELECTRONICS INC. 9,149 9,378
    ARTISAN PARTNERS ASSET MANAGEM 3,601 3,284
    AVERY DENNISON CORP 4,469 5,188
    AVIVA PLC 4,901 6,318
    BANCO BILBAO ARG SA 6,384 5,136
    BANCO SANTANDER CEN 7,890 7,272
    BANK OF HAWAII CORP 6,220 7,710
    BAXTER INTERNATIONAL INC. 5,915 7,842
    BBCN BANCORP INC 2,619 2,732
    BECTON DICKINSON & CO 14,192 22,544
    BIO RAD LABS INC CL A 4,817 5,907
    BIO TECHNE CORPORATION 1,316 1,756
    BIO-REFERENCE LABORATORIES, IN 4,942 5,044
    BIOMED RLTY TR INC 2,759 3,209
    BLACKBAUD INC 2,318 3,547
    BOFI HOLDING INC 5,880 5,525
    BORG WARNER INC. 10,464 13,628
    BOSTON COMMON INTERNATIONAL 529,672 490,938
    BOSTON SCIENTIFIC 1,775 3,445
    BRAMBLES LTD UNSP AD 6,184 5,903
    BRIGHT HORIZONS FAMILY SOLUTIO 1,857 2,398
    BROADCOM CORPORATION 7,447 12,089
    BROADRIDGE FINANCIAL SOLUTIONS 3,396 6,927
    BRUKER CORPORATION 5,539 5,925
    BUCKLE INC 6,798 6,828
    CALGON CARBON CP 2,874 3,574
    CAMECO CORPORATION 6,122 5,087
    CANTEL MEDICAL CORPORATION 1,020 3,201
    CARREFOUR S.A. 7,315 6,315
    CATAMARAN CORP 5,915 6,986
    CATHAY PACIFIC AIRWAYS 3,938 4,115
    CHART INDUSTRIES, INC. 5,047 2,804
    CHECK POINT SOFTWARE TECHNOLOG 6,729 10,686
    CHEESECAKE FACTORY INC 3,900 4,276
    CHEMED CORP 4,191 4,966
    CHIMERIX INC 6,886 10,427
    CHOICE HOTELS INTERNATIONAL IN 2,489 2,633
    CHUBB CORP 3,263 5,174
    CIMAREX ENERGY CO 5,328 6,996
    CINEMARK HOLDINGS INC 4,125 4,981
    CITIGROUP INC 4,639 5,357
    CITY NATL CP 1,301 1,939
    CLARCOR INC 5,099 7,264
    CLOROX CO 2,197 3,231
    COACH INC 2,528 1,690
    COHEN & STEERS INC 3,878 4,839
    COHERENT INC CAL 2,048 2,186
    COMMERCE BANCSHARES, INC. 1,737 1,740
    COMMERCIAL METALS 2,996 3,307
    COMMVAULT SYSTEMS, INC. 4,519 3,825
    COMPASS GROUP PLC ADR 6,097 8,980
    COMPUTER PROGRAMS AND SYSTEMS, 3,632 4,131
    CORESITE REALTY CORPORATION 3,098 4,296
    CORVEL CORP. 1,333 1,079
    COSTCO WHOLESALE CORPORATION 12,238 15,026
    CYBERONICS, INC. 2,779 2,172
    DANAHER CORP 19,273 30,598
    DARLING INTERNATIONAL INC 1,852 1,852
    DECKERS OUTDOOR CORPORATION 4,475 4,279
    DIGITAL RLTY TR INC 8,104 8,221
    DIME COMMUNITY BANCSHARES INC 1,572 1,856
    DORMAN PRODUCTS INC 2,623 4,296
    DRIL QUIP INC 1,732 1,458
    DST SYS INC. COM 9,490 9,415
    DSW INC. 5,038 5,185
    DUPONT FABROS TECHNOLOGY INC C 4,470 5,950
    EAGLE BANCORP INC 1,732 2,096
    EBAY INC. 22,963 24,973
    ELI LILLY & CO 11,381 13,246
    ENCORE CAPITAL GROUP INC 7,165 6,616
    ENDURANCE SPCLTY HLDGS LTD 3,613 5,086
    ENTERGY CORP 2,764 3,499
    ESCO TECH INC 3,045 2,952
    EXELIS, INC 3,171 3,418
    EXPEDITORS INTL WASH INC. 3,301 3,346
    F5 NETWORKS, INC. 8,059 9,524
    FIRST AMERICAN CORP 4,440 6,950
    FIRST FINANCIAL BANKSHARES, IN 1,042 1,614
    FLOWERS FOODS INC 3,666 3,723
    FORD MOTOR COMPANY 7,174 7,239
    FORUM ENERGY TECHNOLOGIES INC 5,636 3,918
    FOSSIL INC COM 8,145 9,302
    FRANKLIN ELECTRIC CO., INC 3,561 4,541
    GANNETT CO INC 8,360 9,419
    GENTHERM INC 11,834 11,389
    GENUINE PARTS COMPANY 3,880 6,927
    GEOSPACE TECHNOLOGIES CORP 5,105 1,829
    GILEAD SCIENCES INC 770 3,205
    GLOBUS MEDICAL INC 3,712 3,875
    GRACE CO. 1,784 3,339
    GRAINGER W W INC. 16,781 20,136
    HAEMONETICS CP 8,482 8,457
    HARTFORD FINANCIALSERVICES GRO 4,234 5,211
    HASBRO INC 5,439 6,874
    HEALTH CARE PPTY INVS INC 4,270 5,063
    HEALTH CARE REIT INC. 4,712 6,810
    HEIDELBERGCEMENT 9,799 11,075
    HFF INC 2,418 3,700
    HIBBETT SPORTS, INC. 2,546 2,712
    HINO MOTORS ADR 5,719 6,087
    HUB GROUP, INC. 4,338 4,532
    ICU MEDICAL, INC. 1,063 1,720
    INDEPENDENT BANK CORP 2,068 3,082
    INGREDION INC. 7,122 9,078
    INTER PARFUMS INC. 8,883 6,917
    INTERCONTINETAL EXCHANGE INC 16,848 19,955
    INTERDIGITAL COMMUNICATIONS CO 3,722 4,655
    INTERVAL LEISURE GROUP, INC. 8,149 7,980
    INTESA SANPAOLO SPA 5,056 5,906
    INTUIT 15,063 21,849
    INVESCO PLC 6,014 8,299
    IPC THE HOSPITALIST COMPANY, I 3,089 2,708
    IPG PHOTONICS CORP 6,041 7,417
    ITC HOLDINGS CORP 3,793 5,256
    JABIL CIRCUIT INC 12,779 13,862
    JANUS CAPITAL GROUP INC. 3,334 5,162
    JONES LANG LASALLE 7,143 8,696
    KAO CORP ADR 3,474 5,425
    KDDI CP UNSP ADR 7,835 13,114
    KOHLS CORP 5,312 6,714
    KONINKLIJKE DSM NV ADR 8,462 9,207
    LABORATORY CORP AMER HLDGS 8,534 8,740
    LANDSTAR SYSTEM 8,200 9,139
    LANNETT COMPANY INC 6,490 6,346
    LEIDOS HOLDINGS INC 1,414 1,654
    LENNOX INTL INC 3,588 3,708
    LEVEL 3 COMMUNICATIONS, INC 6,012 8,345
    LEXICON PHARMACEUTICALS INC 9,390 5,477
    LIBERTY BROADBAND CORPORATION 3,502 3,338
    LIBERTY BROADBAND RTS   133
    LIBERTY MEDIA CORPORATION 5,471 5,255
    LINDSAY CORP 2,835 3,944
    LITHIA MOTORS INC CL A 6,308 9,016
    LUNDIN PETE AB ORD 8,368 5,453
    M&T BANK CORP 2,904 5,025
    MACY'S INC 7,148 9,074
    MAILLINCKRODT PLC 7,515 10,299
    MARKETAXESS HOLDINGS, INC. 3,305 7,386
    MASTERCARD INC 3,779 10,425
    MATTELL INC. 4,653 5,262
    MCKESSON CORP 3,392 8,303
    MEDIASET ESPANA COMUNICATION 7,501 8,202
    MELLANOX TECHNOLOGIES, LTD. 12,491 12,520
    METLIFE INC. 8,651 8,708
    MIDDLEBY CORPORATION 9,358 10,802
    MILLER HERMAN INC. 11,549 12,655
    MINERAL TECH INC 11,844 15,279
    N J RESOURCES CP 2,080 2,815
    NATL FUEL GAS CO 6,059 6,953
    NATURAL GAS SVCS GROUP 1,499 2,028
    NEUSTAR, INC. CL A 7,279 8,173
    NEW YORK COMNTY BANCORP INC. 6,512 6,800
    NEWELL RUBBERMAID INC. 24,428 35,728
    NEXT GROUP PLC 9,469 9,464
    NISOURCE INC. 1,628 3,394
    NOBLE ENERGY INC. 14,514 14,656
    NORDEA BANK AB SPON ADR 2,313 2,391
    NORFOLK SOUTHERN CORP 539 767
    NORTHEAST UTIL 19,418 22,692
    NOVARTIS AG ADR 5,095 7,876
    NOVOZYMES A/S UNSP/ADR 4,550 5,731
    NOW INC. 21,122 18,706
    NXP SEMICONDUCTORS 5,450 10,620
    O'REILLY AUTOMOTIVE INC. 5,249 12,135
    OLD REP INTL CORP 5,307 6,876
    OMNICOM GROUP 2,518 5,036
    OMV AG BEARER SH SPO 7,334 5,071
    ONE GAS INC 4,579 5,029
    PANASONIC CORP 6,170 6,356
    PEABODY ENERGY CORP 3,765 1,625
    PLANTRONICS INC. 4,262 5,938
    PNC FINANCIAL GROUP INC. 8,018 11,677
    POLARIS INDUSTRIES 7,914 9,226
    POLYCOM, INC. 2,780 3,578
    POLYPORE INTERNATIONAL INC. 2,772 3,105
    POWER INTEGRATIONS, INC. 3,411 4,553
    PRAXAIR INC. 19,598 21,507
    PREMIER INC 6,671 7,310
    PREMIER OIL SPON ADR 8,377 3,475
    PROCTER GAMBLE CO 11,367 13,481
    PROGRESSIVE CORP OHIO 23,401 28,717
    PUBLICIS GROUPE S.A 9,181 9,027
    QUAKER CHEM CP 2,575 5,614
    QUEST DIAGNOSTICS 5,734 6,706
    QUESTAR CP 3,751 4,121
    REGAL ENTERTAINMENT 5,226 6,942
    RIVERBED TECHNOLOGY, INC. 2,808 3,449
    ROBERT HALF INTL INC. 18,273 24,870
    ROCHE HOLDING LTD ADR 12,165 16,689
    ROCK-TENN CO. 16,502 18,965
    ROCKWELL COLLINS INC 5,196 6,758
    ROSS STORES, INC. 8,288 11,500
    ROYAL BANK OF CANADA 1,560 2,072
    RPC INC 8,006 7,055
    RYANAIR HOLDINGS PLC-ADR COM 9,476 14,539
    SANOFI-AVENTIS SPONSORED ADR 11,348 9,624
    SAP AKTIENGESELL ADS 3,036 3,552
    SCHLUMBERGER LTD 23,809 23,402
    SCHNEIDER ELEC UNSP/ADR 11,575 11,182
    SERVICESOURCE INTERNATIONAL 4,618 2,799
    SHIN-ETSU CHEMICAL C 3,727 4,869
    SOLARWINDS INC 7,910 9,717
    SONOCO PRODUCTS COMPANY 2,366 3,278
    SOTHEBYS 2,272 2,418
    ST MARY LD & EXPL CO 8,500 4,784
    ST. JUDE MED INC. 6,749 8,454
    STAPLES INC. 2,997 3,533
    STATOIL ASA ADS 8,979 6,164
    STERIS CORP 4,551 4,993
    SUMITOMO MITSUI FINCL GRP 8,677 8,627
    SUN COMMUNITIES INC 4,730 6,651
    SUNTRUST BKS INC 3,079 6,704
    SYMANTEC CORP 6,577 9,058
    SYNAPTICS INC 10,095 11,083
    SYNCHRONY FINANCIAL 2,949 3,421
    SYNTEL INC 13,639 15,023
    SYSCO CORP 5,018 6,549
    TAIWAN SEMICONDUCTOR MFG CO LT 10,176 12,108
    TANGER FACTORY OUTLT CENREIT 3,650 3,733
    TEAM, INC. 2,009 3,439
    TECK COMINCO LIMITED CL B SV 7,929 2,428
    TECO ENERGY INC. 4,464 5,225
    TELENOR ASA S/ADR 7,214 8,899
    TENNANT CO 4,535 5,629
    TENNECO INC 3,584 4,019
    TEXAS CAPITAL BANCSHARES, INC. 2,125 2,608
    TEXAS INSTRUMENTS INC. 19,537 34,060
    TEXAS ROADHOUSE, INC. 2,743 3,477
    TH K CO LTD 8,339 8,408
    THE BABCOCK AND WILCOX COMPANY 4,841 5,151
    THE CHEFS' WAREHOUSE, INC. 2,531 2,511
    THE JM SMUCKER COMPANY 13,580 16,056
    THORATEC LABS CORPORATION 3,867 3,636
    TIMKEN CO COM 2,817 3,286
    TIMKENSTEEL CORPORATION 1,158 1,407
    TJX COMPANIES INC 20,036 25,032
    TOKIO MARINE HOLDINGS INC 8,139 8,680
    TOMPKINS FINANCIAL CORPORATION 1,150 1,327
    TOYOTA MTR CORP 5,772 8,909
    TRUSTMARK CORPORATION 2,502 2,258
    TUMI HOLDINGS INC 3,426 3,892
    TUPPERWARE CORP 2,594 2,205
    UBIQUITI NETWORKS, INC 15,206 10,552
    ULTA SALON, COSMETICS & FRAGRA 6,326 9,332
    ULTRA PETROLEUM CORP 4,667 3,224
    UMB FINANCIAL CORPORATION 2,660 3,413
    UMPQUA HOLDINGS CORPORATION 2,055 3,215
    UNIFIRST CP 5,633 6,558
    UNILEVER N V N Y 19,204 21,628
    UNITED NATURAL FOODS, INC 3,579 5,722
    UNITED STATIONERS INC. 9,040 9,064
    UNITED THERAPEUTICS CORP 6,830 8,805
    UNITEDHEALTH GROUP INC. 9,759 13,243
    US BANCORP 35,544 45,400
    USD FIRST NBC BANK HOLDING COM 1,823 2,605
    VARIAN MEDICAL SYSTEMS INC 8,457 8,651
    VERIFONE SYSTEMS INC 3,397 5,022
    VERITAS SOFTWARE CO. 2,366 2,216
    VITAMIN SHOPPE INC 3,702 3,741
    VOLKSWAGEN AG 10,273 10,257
    WATTS WATER TECHNOLOGIES INC 2,340 3,680
    WESBANCO INC 1,110 1,218
    WESCO INTL INC 5,544 4,954
    WEST PHARMA SVCS INC 3,228 7,454
    WESTERN UNION CO 6,518 6,716
    WESTFIELD GROUP 3,945 2,730
    WEX, INC. 2,747 5,540
    WHIRLPOOL CORP 7,826 10,656
    WOLVERINE WORLDWIDE 3,444 5,010
    XCEL ENERGY INC 2,398 3,412
    ZIMMER HOLDINGS INC 1,128 7,032
    ZURICH INS GROU ADR 6,661 7,145

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    US Government Securities - End of Year Book Value:

    239,063
    US Government Securities - End of Year Fair Market Value:

    234,224
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 InvestmentsOtherSchedule2
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    A&Q MULTI-STRATEGY FUND   1,199,644 1,290,109

    TY 2014 OtherExpensesSchedule
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 24,993     24,993
    Bank Charges 740 740    
    Postage/Delivery Service 44     44
    State or Local Filing Fees 10     10


    TY 2014 OtherIncomeSchedule2
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss LAZARD LTD 224 224  
    Federal Tax Refund 19,333    


    TY 2014 OtherIncreasesSchedule
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 35,055 35,055    


    TY 2014 TaxesSchedule
    Name:
    Seidman Family Foundation
    EIN: 13-6098204
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2014 5,700      
    Foreign Tax Paid 1,667 1,667