Form990-PF
Click to see list of attachments

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 12-01-2013 , and ending 11-30-2014
Name of foundation
The Colen Foundation Inc
 

Number and street (or P.O. box number if mail is not delivered to street address)8435 SW 80th Street Ste 2   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Ocala, FL34481
A Employer identification number

59-2474711
B Telephone number (see instructions)

(352) 873-0848
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$9,363,723J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 98 98  
4 Dividends and interest from securities...... 168,533 168,533  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 376,239
b Gross sales price for all assets on line 6a 2,616,062
7 Capital gain net income (from Part IV, line 2)... 376,239
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 544,870 544,870  
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)......... Click to see attachment 45,718 4,572   41,146
b Accounting fees (attach schedule)....... Click to see attachment 4,610 461   4,149
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 7,792 258   89
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 list of attachments 13,150 13,089   61
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 71,270 18,380   45,445
25 Contributions, gifts, grants paid........ 537,565 537,565
26 Total expenses and disbursements. Add lines 24 and 25 608,835 18,380   583,010
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -63,965
b Net investment income (if negative, enter -0-) 526,490
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 6,534 38,909 38,909
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) 215,325 Click to see attachment35,127 36,824
b Investments—corporate stock (attach schedule)........ 5,179,880 Click to see attachment4,943,453 6,385,203
c Investments—corporate bonds (attach schedule)........ 1,300,093 Click to see attachment1,725,494 1,692,791
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet   60,018   1,000
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,080,548 Click to see attachment1,035,590 1,208,996
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment140    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,842,538 7,778,573 9,363,723
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.................... 7,842,538 7,778,573
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 7,842,538 7,778,573
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 7,842,538 7,778,573
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 7,842,538
2 Enter amount from Part I, line 27a..................... 2 -63,965
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 7,778,573
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 7,778,573
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a Capital Gain Dividends      
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       115,889
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 2 376,239
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 31,527
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 542,244 8,210,868 0.06604
2011 538,182 7,876,448 0.06833
2010 503,903 8,511,081 0.05921
2009 476,002 8,155,265 0.05837
2008 432,588 7,413,090 0.05836
2 Total of line 1, column (d) ...................... 2 0.31030
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 0.06206
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 9,047,663
5 Multiply line 4 by line 3....................... 5 561,489
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,265
7 Add lines 5 and 6......................... 7 566,754
8 Enter qualifying distributions from Part XII, line 4.............. 8 583,010
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 5,265
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 5,265
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 5,265
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 4,640
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 4,640
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 9 625
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
 
No
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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBarbara Ortiz Telephone no.bullet (352) 873-0848
    Located atbullet8435 SW 80th Street Ste 2OcalaFL ZIP+4bullet34481
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    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 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........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
     
    No
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Ina A Colen President/Dir
    2.00     		0    
    2291 World Parkway Blvd West
    Clearwater,FL33763
    Kenneth D Colen Vice Pres/Dir
    3.00     		0    
    8447 SW 99th Street Rd
    Ocala,FL34481
    Robert Colen Asst Sec/Dir
    0.00     		0    
    8447 SW 99th Street Rd
    Ocala,FL34481
    Gerald R Colen Treas/Sec/Dir
    0.00     		0    
    7569 Aralia Way
    Largo,FL33777
    Leslee R Colen Asst Sec/Dir
    0.00     		0    
    5702 SUWANEE AVENUE
    TAMPA,FL33604
    Barbara Ortiz Asst Sec
    4.00     		0    
    8447 SW 99th Street Rd
    Ocala,FL34481
    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 (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    452,383
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    5,265
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,265
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    447,118
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    447,118
    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
    447,118
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 447,118
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010....... 65,775
    d From 2011....... 147,898
    e From 2012....... 140,911
    fTotal of lines 3a through e......... 354,584
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 583,010
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 447,118
    e Remaining amount distributed out of corpus 135,892
    5 Excess distributions carryover applied to 2013.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 490,476
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		490,476
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010.... 65,775
    c Excess from 2011.... 147,898
    d Excess from 2012.... 140,911
    e Excess from 2013.... 135,892
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Kenneth D Colen
    8435 SW 80th Street Ste 2
    Ocala,FL34481
    (352) 854-0805
    bThe form in which applications should be submitted and information and materials they should include:
    The Foundation has an "Application for Grant" form to be completed by all 501(C)(3) applicants. A copy of the application is attached. In addition, the Foundation, through its Board of Directors, has established certain procedures to be followed in evaluating potential beneficiaries of its remainder interest program.The Board of Directors of The Colen Foundation, Inc. evaluates potential beneficiaries prior to approval of their participation in its rental or remainder interest program. The procedures set forth below are to be followed in evaluating each beneficiary:1. Advise the senior citizen to seek independent legal counsel and independent financial advice.2. Determine that the senior citizen has no more than a moderate income or low income that provides insufficient cash for daily living expenses.3. Determine that the market value of the senior citizen's home is in a moderate price range (in the case of the remainder interest program).4. Consult with the senior citizen's relatives
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The Foundation makes grants to qualified charities and provides assistance to the charitable class of the aged to enable members of the class to maintain a modest standard of living in their communities during their declining years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    US HOLOCAUST MUSEUM
    100 Rauol Wallenberg Place SW
    WASHINGTON,DC20024     		N/A 501(c)3 Charitable Contribution 1,000
    Ocala Symphony Orchestra
    416 SE Fort King Street
    OCALA,FL34471     		N/A 501(c)3 Charitable Contribution 10,000
    Memorial Sloan-Kettering Cancer Inst
    1275 York Avenue
    New York,NY10065     		N/A 501(c)3 Charitable Contribution 1,000
    UPARC Foundation
    1501 N Blecher Rd Ste 244
    Clearwater,FL33765     		N/A 501(c)3 Charitable Contribution 1,000
    WEDU
    1300 North Boulevard
    Tampa,FL33607     		N/A 501(c)3 Charitable Contribution 1,000
    Friends of Yad Lakashish
    PO Box 494
    Englewood,NJ07631     		N/A 501(c)3 Charitable Contribution 5,000
    Horiticultural Arts & Park Inst Inc
    8447 SW 99TH ST
    Ocala,FL34481     		N/A 501(c)3 Charitable Contribution 24,965
    WUSF Public Broadcasting-TV
    4202 East Fowler Ave TVB100
    Tampa,FL33620     		N/A 501(c)3 Charitable Contribution 2,000
    WUSF Public Broadcasting-Radio
    4202 East Fowler Ave WRB 219
    Tampa,FL33620     		N/A 501(c)3 Charitable Contribution 2,000
    American Jewish University
    15600 Mulholland Dr
    BelAir,CA90077     		N/A 501(c)3 Charitable Contribution 1,000
    Canine Companions for Independence
    PO Box 680388
    Orlando,FL32868     		N/A 501(c)3 Charitable Contribution 1,000
    Florida Orchestra Inc
    244 Second Ave N Suite 420
    St Petersburg,FL33701     		N/A 501(c)3 Charitable Contribution 25,000
    Jewish Theological Seminary
    3080 Broadway
    New York,NY10027     		N/A 501(c)3 Charitable Contribution 5,000
    Tampa Bay Preforming Arts Center Inc
    PO Box 518
    Tampa,FL33601     		N/A 501(c)3 Charitable Contribution 25,000
    The Jewish Federations of N America Inc
    25 Broadway Ste 1700
    New York,NY10004     		N/A 501(c)3 Charitable Contribution 20,000
    New Israel Fund
    330 Seventh Avenue 11th Floor
    New York,NY10014     		N/A 501(c)3 Charitable Contribution 25,000
    Israel Guide Dog Center for the Blind
    968 easton Rd Ste H
    Warrington,PA18976     		N/A 501(c)3 Charitable Contribution 1,000
    Ruth Eckerd Hall Inc
    1111 McMullen Booth Road
    Clearwater,FL33756     		N/A 501(c)3 Charitable Contribution 25,000
    The Perlman Music Program Suncoast Inc
    PO Box 3407
    Sarasota,FL34230     		N/A 501(c)3 Charitable Contribution 10,000
    Temple Beth Shalom
    1109 NE 8TH Avenue
    Ocala,FL34470     		N/A 501(c)3 Charitable Contribution 35,000
    Catholic Charities Bureau Inc
    134 East Church Street
    Jacksonville,FL32202     		N/A 501(c)3 Charitable Contribution 5,000
    Ctr for Creative ChangeMoment Magazine
    4115 Wisconsin Ave NW-Suite LL10
    Washington,DC20016     		N/A 501(c)3 Charitable Contribution 20,000
    Hillels of the Florida Suncoast
    13102 N 50th Street
    Tampa,FL33617     		N/A 501(c)3 Charitable Contribution 15,000
    The VOICExperience Foundation
    PO Box 1576
    Palm Harbor,FL34682     		N/A 501(c)3 Charitable Contribution 17,500
    Ocala Autism Support Network Inc
    PO Box 771104
    Ocala,FL34477     		N/A 501(c)3 Charitable Contribution 2,500
    Florida Inst for Human Machine Cognition
    15 SE Osceola Avenue
    Ocala,FL34471     		N/A 501(c)3 Charitable Contribution 5,000
    American Heart Association
    303 SE 17th St 309-167
    Ocala,FL34471     		  501(c)3 Charitable Contribution 2,500
    Gainesville Hillel Inc
    2020 W University Avenue
    Gainsville,FL32603     		N/A 501(c)3 Charitable Contribution 10,000
    College of Central Florida Foundati
    4333 E Silver Springs Blvd
    Ocala,FL34470     		N/A 501(c)3 Charitable Contribution 5,000
    National Disaster Search Dog Founda
    501 East Ojai Avenue
    Ojai,CA93023     		N/A 501(c)3 Charitable Contribution 2,500
    American Society for Yad Vashem
    500 Fifth Ave 42nd Floor
    New York,NY10110     		N/A 501(c)(3) Charitable Contribution 1,000
    Faith and Action for Strength Toget
    1676 S Belcher Road
    Clearwater,FL33764     		N/A 501(c)(3) Charitable Contribution 5,000
    Kid Power Inc
    755 8th St NW
    Washington,DC20001     		N/A 501(c)(3) Charitable Contribution 4,000
    Florida's Voice on Developmental Di
    PO Box 24531
    Ft Lauderdale,FL33307     		N/A 501(c)(3) Charitable Contribution 5,000
    CITRUS YOUTH EDUC SYMPHONIC ORCHEST
    7330 WEST GOLF CLUB ST
    CRYSTAL RIVER,FL34429     		N/A 501(c)3 CHARITABLE CONTRIBUTION 1,000
    FLORIDA CENTER FOR THE BLIND
    7634 SW 60TH AVE
    OCALA,FL34476     		N/A 501(c)3 CHARITABLE CONTRIBUTION 500
    HADASSAH THE WOMEN'S ZIONIST ORG
    50 WEST 58TH STREET
    NEW YORK,NY10019     		N/A 501(c)3 CHARITABLE CONTRIBUTION 5,000
    JEWISH ADOPTION FOSTER CARE
    4200 N UNIVERSITY DR
    SUNRISE,FL33351     		N/A 501(c)3 CHARITABLE CONTRIBUTION 2,500
    MARION COUNTY JR GOLF INC
    3130 E SILVER SPRINGS BLVD
    OCALA,FL34470     		N/A 501(c)3 CHARITABLE CONTRIBUTIONS 1,000
    MASTER THE POSSIBILITIES INC
    8415 SW 80TH STREET
    OCALA,FL34481     		N/A 501(c)3 CHARITABLE CONTRIBUTION 76,500
    COMMUNITY FOUNDATION OF TAMPA BAY
    550 NORTH REO STREET SUITE 301
    TAMPA,FL33609     		N/A 501(c)3 CHARITABLE CONTRIBUTIONS 75,000
    CONGREGATION BETH SHALOM OF GULFPOR
    1844 54TH STREET S
    GULFPORT,FL33707     		N/A 501(c)3 CHARITABLE CONTRIBUTION 3,600
    FOUNDATION TO ADVANCE INTERFAITH TR
    8413 CASA DEL LAGO
    BOCA RATON,FL33433     		N/A 501(c)3 CHARITABLE CONTRIBUTION 10,000
    HILLEL SCHOOL OF TAMPA INC
    2020 WEST FLETCHER AVE
    TAMPA,FL33612     		N/A 501(c)3 CHARITABLE CONTRIBUTION 15,000
    MARION COUNTY CHILDREN'S ALLIANCE
    3482 NW 10TH ST
    OCALA,FL34475     		N/A 501(c)3 CHARITABLE CONTRIBUTION 10,000
    SOUTHEASTERN GUIDE DOFS INC
    4210 77TH STREET EAST
    PALMETTO,FL34221     		N/A 501(c)3 CHARITABLE CONTRIBUTION 5,000
    UNIVERSITY OF TAMPA-HENRY PLANT MUS
    401 W KENNEDY BLVD
    TAMPA,FL33606     		N/A 501(c)3 CHARITABLE CONTRIBUTIONS 10,000
    WILLIAMS SYNDROME ASSOC
    570 KIRTS BLVD SUITE 223
    TROY,MI48084     		N/A 501(c)3 CHARITABLE CONTRIBUTION 1,500
    Total .................................bullet 3a 537,565
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 98  
    4 Dividends and interest from securities....     14 168,533  
    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 .............     		    18 376,239  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   544,870  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13544,870
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID: 13000170
    Software Version: 2013v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 4,610 461 0 4,149

    TY 2013 CashDeemedCharitableExplnStmt
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Explanation:
    The Colen Foundation ("Foundation") submits for the reasons set forth below that cash balances greater than an amount equal to 1-1/2% of its assets of the type described in Treasury Regulation section 53.4942(a)-2(c)(3)(i) are necessary for payment of its anticipated expenses and charitable disbursements, within the meaning of Treasury Regulation section 53 .4942(a)-2(c)(3)(iv).During the past five tax years, the Foundation has distributed a total of $2,655,512 for an average of in excess of approximately $531,102 per year in qualifying charitable distributions, as follows:Tax Year Ended Distributions:11/30/14 $583,01011/30/13 $546,84911/30/12 $539,95111/30/11 $505,54911/30/10 $480,153The Foundation anticipates making qualifying distributions of at least $350,000 during the fiscal year ending November 30, 2015, and requires the cash deemed held for charitable purposes at its November 30, 2014 year end to accomplish this purpose.The officers and directors of the Foundation are not compe

    TY 2013 GeneralExplanationAttachment
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF The Colen Foundation, Inc.59-2474711Form 990-PF, November 30, 2014Part VIII, Line 1 - List of Officers, Directors, Trustees and Key EmployeesSupplemental Information to Statement 12The following officers/directors average less than 25 hours/year and as such have an average weekly number of hours less than .5 and are thus rounded down to none:Robert Colen - Average annual hours: 15Gerald R Colen - Average Annual Hours: 25Leslee R Colen - Average Annual Hours: 15

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    LEHMAN BROTHERS HOLDINGS 2/13/37 36,205 14,375
    LEHMAN BROTHERS HOLDINGS 3/27/37 18,482 7,605
    Lehman Brothers Holdings 12/28/37 36,100 14,625
    ASTRAZENECA PLC 5.9% 9/15/2017 33,178 33,784
    AT&T INC 4.45% 5/15/2021 36,216 38,130
    METLIFE INC 6.75% 6/1/2016 21,200 21,755
    MORGAN STANLEY GLOBAL 4.75% 4/1/2014 41,092 43,143
    ORACLE CORP 5.75% 4/15/18 33,004 34,084
    PRUDENTIAL FINL INC DTD 4.75% 9/17/15 20,190 20,694
    VERIZON COMMUNICATIONS 4.5% 9/15/20 37,638 38,309
    American Express 2.75 % 9/15/15 14,912 15,267
    KRAFT FOODS INC 4.125 2/9/2016 36,354 36,328
    Time Warner Cable Inc 4.125% 2/15/21 29,190 32,205
    Time Warner Inc 4% 1/15/22 41,245 41,908
    American Intl Group 5.85% 1/16/18 34,990 33,814
    BP CAPITAL MARKETS PLC 3.2% 3/11/16 19,982 20,603
    Dow Chemical Co 4.25% 11/9/10 15,359 16,191
    Anheuser-Bush INBEV 1.375% 7/15/2017 40,015 40,105
    DIAGEO CAPITAL PLC 1.5% 5/11/17 35,143 35,247
    FORD MOTOR CREDIT CO 3% 6/12/2017 36,056 36,083
    GRUPO TELEVISA SAB 6% 5/15/18 39,825 39,311
    HSBC FINANCE CORP 6.676% 1/15/2021 40,674 41,529
    NBC UNIVERSAL MEDIA 4.375% 4/1/2021 38,633 38,669
    NYSE EURONEXT 2% 10/5/17 35,216 35,609
    ROYAL BANK SCOTLAND GRP 2.55% 9/18/15 35,485 35,449
    WALGREENS CO 1.80% 9/15/2017 25,045 25,168
    DISCOVERY COMMUNICATIONS DTD 3.7% 6/1/15 26,161 25,378
    AMGEN INC 36,365 35,927
    BANK OF AMERICA CORP DTD 5.42% 3/15/17 38,627 43,257
    A.B.B. FINANCE USA INC DTD 1.625% 5/8/17 30,320 30,220
    INTEL CORP DTD 1.35% 12/15/17 24,994 24,980
    CONARGA FOODS INC DTD 1.9% 1/25/18 34,845 34,860
    GLAXOSMITHKLINE CAP INC 33,344 34,006
    EMC CORP DTD 1.875% 6/1/18 29,995 29,882
    BOSTON PROPERTIES LP 15,792 15,932
    DR PEPPER SNAPPLE GROUP 2.6% 1/15/19 35,534 35,761
    ADOBE SYSTEMS INC 16,727 16,642
    GENERAL ELEC CAP CORP 5.3% 2/11/21 39,088 39,984
    JP MORGAN CHASE & CO 3.375% 5/1/23 39,082 39,369
    UNIV OF CALIFORNIA CA REVENUES 15,000 14,912
    FLORIDA ST HURRICANE CATASTROPHE 25,000 25,491
    WELLS FARGO BANK NA DTD 5.75% 5/16/16 21,869 21,420
    RABOBANK NEDERLAND NY 1.7% 3/19/18 39,902 40,226
    GOLDMAN SACHS GROUP INC 2.9% 7/19/18 36,176 36,008
    SIMON PROPERTY GROUP LP 2.2% 2/1/19 40,119 40,463
    CISCO SYSTEMS 2.125% 3/1/19 34,975 35,246
    CITIGROUP INC 2.5% 7/29/19 34,733 35,273
    CVS CAREMARK CORP 2.25% 8/12/19 29,983 29,971
    TEVA PHARMA FIN IV LLC 2.25% 3/18/2020 23,956 24,733
    TELEFONICA EMISIONES SAU 5.134% 4/27/20 37,237 39,092
    PETROBRAS INTL FIN CO 5.375% 1/27/21 25,820 24,892
    WAL-MART STORES INC 4.25% 4/15/21 27,101 27,631
    EBAY INC 2.875% 8/1/21 29,934 29,610
    THE KROGER CO 2.95% 11/1/21 20,012 19,945
    PETROLEOS MEXICANOS 4.875% 1/24/22 26,375 26,625
    NEW JERSEY ST ECON DEV AUTH RE 10,000 10,014
    CALIFORNIA ST EARTHQUAKE AUTH 14,999 15,051

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BNY MELLON EMERGING MARKETS FD CL M 304,244 329,552
    CATERPILLAR INC 13,045 24,144
    INVESCO LTD 9,745 25,023
    Baxter International Inc 12,772 21,170
    BNY Mellon International Fund CL M 613,813 623,922
    Celanese Corp Ser A 11,545 19,222
    Dreyfus/Newton International Equity 194,898 214,568
    Halliburton Co 8,255 12,238
    Salesforce.com 12,125 23,948
    Dover Corp 13,462 18,478
    Valero Energy Corp New 11,108 17,014
    BNY Mellon Income Stock Fund 985,800 1,547,735
    BNY Mellon Mid Cap Stock Fund 507,972 702,291
    EATON CORP PLC 17,860 23,741
    MARATHON OIL CORP 13,456 11,857
    LOWE'S COMPANIES INC 8,948 21,702
    PEPSICO INC 18,238 27,027
    THE PROCTER & GAMBLE CO 16,527 22,608
    SOUTHWESTERN ENERGY CO 13,382 11,907
    AVAGO TECHNOLOGIES 8,406 16,812
    HARLEY DAVIDSON INC 19,551 21,601
    INTERCONTINENTALEXCHANGE GROUP, INC. 24,977 29,605
    JOHNSON CONTROLS INC 9,354 25,500
    DREYFUS LARGE CAP EQUITY FUND 1,397,707 1,829,256
    DFA EMERGING MARKETS CORE EQUITY FUNDS 104,855 109,830
    VIRTUS EMERGING MARKETS OPPORTUNITY 100,409 112,347
    MALLINCKRODT PLC 25,861 27,666
    AFLAC INC 22,115 20,906
    ABBVIE INC 22,394 29,064
    CAPITAL ONE FINANCIAL CORPORATION 22,541 25,792
    CELGEN CORP 22,508 23,648
    COMCAST CORP CI A 21,265 22,816
    COSTCO WHSL CORP NEW 13,189 15,917
    DEVON ENERGY CORPORATIONS NEW 19,698 14,743
    LAM RESH CORP 18,557 22,313
    LINKEDIN CORPORATION 19,439 25,795
    MERCK & CO INC 7,787 9,060
    SERVICNOW, INC 13,755 14,071
    TIME WARNER INC 20,582 22,982
    DREYFUS INTERNATIONAL STOCK FUND 187,493 213,517
    BNY MELLON MONEY MARKET FUND 53,815 53,815

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

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


    35,127
    State & Local Government Securities - End of Year Fair Market Value:


    36,824


    TY 2013 InvestmentsOtherSchedule2
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Dreyfus High Yield Fund AT COST 90,133 93,075
    Dreyfus Global Real Estate Securities AT COST 122,404 152,717
    TCW Emerging Markets Income fUnd AT COST 152,800 155,288
    DREYFUS SELECT MGER S/C GR-1 AT COST 64,584 97,975
    DREYFUS SELECT MGERE S/C VL1 AT COST 235,369 314,246
    ASG MANAGED FUTURES STRATEGY FUND AT COST 88,800 106,080
    ADVANTAGE DYNAMIC TOTAL RETURN FUND AT COST 90,600 100,975
    DREYFUS FLOATING RATE INCOME FUND AT COST 190,900 188,640

    TY 2013 LegalFeesSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 45,718 4,572 0 41,146


    TY 2013 OtherExpensesSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Annual State Filing Fee 61     61
    Bank Fees 30 30    
    CSF Fees 3,481 3,481    
    Insurance 918 918    
    Investment Fees 8,660 8,660    


    TY 2013 TaxesSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:13000170
    Software Version:2013v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax 7,445      
    Foreign Taxes Paid 67 67    
    Real Estate Taxes 280 191   89