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
Harris & Frances Block Foundation Inc
 

Number and street (or P.O. box number if mail is not delivered to street address)c/o Betsy Chodorkoff 491 Ennis Hill   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Marshfield, VT05658
A Employer identification number

31-1784246
B Telephone number (see instructions)

(802) 426-3806
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$10,206,638J 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).............. 820,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 20,962 20,962  
4 Dividends and interest from securities...... 143,668 143,668  
5a Gross rents.............. 499 499  
b Net rental income or (loss) -1,607
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 566,377
b Gross sales price for all assets on line 6a 1,873,296
7 Capital gain net income (from Part IV, line 2)... 566,377
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 -611 1,495  
12 Total. Add lines 1 through 11........ 1,550,895 733,001  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 49,000 4,900   35,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 13,495 4,032    
c Other professional fees (attach schedule).... Click to see attachment 51,073 51,073    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,701 2,343   2,303
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,358    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,446 357   1,755
22 Printing and publications.......... 306      
23 Other expenses (attach schedule)....... Click to see attachment 2,527 613   50
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 138,906 63,318   39,608
25 Contributions, gifts, grants paid........ 445,320 445,320
26 Total expenses and disbursements. Add lines 24 and 25 584,226 63,318   484,928
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 966,669
b Net investment income (if negative, enter -0-) 669,683
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............... 1,966 2,087 2,087
2 Savings and temporary cash investments.......... 1,048,625 890,845 890,845
3 Accounts receivable bullet5,212
Less: allowance for doubtful accounts bullet     5,212 5,212
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) 113,520 Click to see attachment443,227 443,227
b Investments—corporate stock (attach schedule)........ 6,370,636 Click to see attachment6,968,028 6,968,028
c Investments—corporate bonds (attach schedule)........ 325,731 Click to see attachment925,300 925,300
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 963,842 Click to see attachment966,425 966,425
14 Land, buildings, and equipment: basis bullet7,355
Less: accumulated depreciation (attach schedule) bullet5,708 1,425 Click to see attachment1,647 1,647
15 Other assets (describe bullet) Click to see attachment2,159 Click to see attachment3,867 Click to see attachment3,867
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,827,904 10,206,638 10,206,638
Liabilities 17 Accounts payable and accrued expenses.......... 7,893 8,115
18 Grants payable.................. 15,000  
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 22,893 8,115
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 8,805,011 10,198,523
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 instructions)...... 8,805,011 10,198,523
31 Total liabilities and net assets/fund balances (see instructions).. 8,827,904 10,206,638
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 8,805,011
2 Enter amount from Part I, line 27a..................... 2 966,669
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 427,218
4 Add lines 1, 2, and 3.......................... 4 10,198,898
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 375
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 10,198,523
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 Publicly traded securities - CGD P 2013-12-31 2014-12-31
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 1,870,180 0 1,306,919 563,261
b 3,116 0 0 3,116
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 0 0 0 563,261
b 0 0 0 3,116
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 2 566,377
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 450,802 7,728,420 0.058330
2012 396,427 5,345,595 0.074160
2011 354,794 4,908,849 0.072276
2010 281,254 5,080,472 0.055360
2009 251,726 3,791,509 0.066392
2 Total of line 1, column (d) ...................... 2 0.326518
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 0.065304
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 9,477,624
5 Multiply line 4 by line 3....................... 5 618,927
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 6,697
7 Add lines 5 and 6......................... 7 625,624
8 Enter qualifying distributions from Part XII, line 4.............. 8 484,928
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 13,394
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 13,394
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 13,394
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 6,600
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,200
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -16800 7 16,800
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 28
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 3,378
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet3,378 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)
    bulletVT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.blockfound.org
    14
    The books are in care ofbulletTapia & Huckabay PC Telephone no.bullet (802) 870-7086
    Located atbullet11 Main Street Suite B211VergennesVT ZIP+4bullet05491
    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
     
    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
     
     
    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
    NANCY M SLUYS President
    1.00     		3,000 0 0
    197 Minglewood Road
    Westfield,NC27053
    BETSY M CHODORKOFF Treasurer
    30.00     		43,000 0 0
    491 Ennis Hill Road
    Marshfield,VT05658
    DIANE MAURER SCHATZ Secretary
    1.00     		3,000 0 0
    2261 Jasmine Street
    Denver,CO80207
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    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
    8,047,337
    b
    Average of monthly cash balances.......................
    1b
    1,574,616
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,621,953
    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
    9,621,953
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    144,329
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,477,624
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    473,881
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    473,881
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    13,394
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,394
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    460,487
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    460,487
    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
    460,487
    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
    484,928
    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
    484,928
    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
    484,928
    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 7 460,487
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 63,239
    b From 2010....... 31,412
    c From 2011....... 113,972
    d From 2012....... 130,925
    e From 2013....... 70,981
    fTotal of lines 3a through e......... 410,529
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 484,928
    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..... 460,487
    e Remaining amount distributed out of corpus 24,441
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 434,970
    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) ...     		63,239
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		371,731
    10 Analysis of line 9:
    a Excess from 2010.... 31,412
    b Excess from 2011.... 113,972
    c Excess from 2012.... 130,925
    d Excess from 2013.... 70,981
    e Excess from 2014.... 24,441
    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.
    NONE
    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
    Local Motion
    1 Steele St 103
    Burlington,VT05401     		  PC Bike RecycleVermont 1,000
    Blue Ridge Discovery Center
    253 Little Bighorn Lane
    Independence,VA24363     		  PC General Support 15,000
    Blue Ridge Environmental Defense League
    PO Box 88
    Glendale Springs,NC28629     		  PC EnvironmentalTurning the TideJustice Campaign 15,000
    Center for an Agricultural Economy
    PO Box 422
    Hardwick,VT05843     		  PC Access andCommunity FoodEducation 15,000
    Center for Sustainable Systems
    PO Box 1345
    Montpelier,VT05601     		  PC General Support 10,000
    Chestnut Creek School of the Arts
    100 North Main Street
    Galax,VA24333     		  PC AppalachianGalax JuniorMusicians 5,000
    Citizens Awareness Network
    PO Box 83
    Shelburne Falls,MA01370     		  PC General Support 10,000
    Composting Association of Vermont
    PO Box 112
    Troy,VT05868     		  PC General Support 8,000
    Connecticut Audubon
    1361 Main Street
    Glastonbury,CT06033     		  PC programScience in NatureHartford Grades 4&5 10,000
    Denver Urban Gardens
    PO Box 181396
    Denver,CO80218     		  PC Farm to SchoolSprout City FarmsUrban Gardens 7,500
    EarthWalk
    PO Box 21
    Plainfield,VT05667     		  PC Teen CommunityEngagement Program 10,000
    Elm Hill Inc
    PO Box 248
    Plainfield,VT05667     		  PC Maple HillFarm to Table 8,570
    Friends of Kings County State Park
    PO Box 83
    Clover,SC29710     		  PC General Support 8,000
    Global Greengrants Fund
    2840 Wilderness Place Suite A
    Boulder,CO80301     		  PC Niger Delta 10,000
    Governors Institute of Vermont
    4049 Williston Road 4
    South Burlington,VT05403     		  PC Summer FoodSystem Institute 2,750
    Green Mountain Farm to School
    194 Main Street Ste 301
    Newport,VT05855     		  PC General Support 10,000
    Greyston Foundation
    21 Park Ave
    Yonkers,NY10703     		  PC Yonkers CommunityGardens 4,000
    Hunger Free Vermont
    38 Eastwood Drive Ste 100
    South Burlington,VT05403     		  PC Agriculture forCommunity SupportedLow Income Vermonters 7,500
    Institute for Policy Studies
    1112 16th St NW Suite 600
    Washington,DC20036     		  PC Other Words 10,000
    Institute for Social Ecology
    PO Box 93
    Plainfield,VT05667     		  PC General Support 7,000
    Intervale Center
    180 Intervale Road
    Burlington,VT05401     		  PC Gleaning Project 10,000
    Junior Appalachaian Musicians Inc
    PO Box 44
    Independence,VA24348     		  PC General Support 15,000
    Migrant Justice
    294 North Winooski Ave
    Burlington,VT05401     		  PC Wheelock MountainFarm 12,000
    Minglewood Farm and Nature Preserve
    238 Minglewood Road
    Westfield,NC27053     		  PC General Support 10,000
    New England Grassroots Environment Fund
    PO Box 1057
    Montpelier,VT05602     		  PC General Support 15,000
    New Organizing Institute Ed Fund
    1666 Connecticut Ave STE 500
    Washington,DC20009     		  PC 350.orgVT 10,000
    Peace and Justice Center
    60 Lake Street Suite 1C
    Burlington,VT05401     		  PC Film andCost of WarSpeaker Series 7,000
    Planned Parenthood of NNE
    128 Lakeside Ave Suite 301
    Burlington,VT05401     		  PC General Support 15,000
    Planned Parenthood of the Rocky Mountains
    7155 East 38th Ave
    Denver,CO80207     		  PC General Support 10,000
    Rutland Area Farm and Food Link
    PO Box 284
    Rutland,VT05702     		  PC General Support 7,500
    Ralston Valley Music Booster
    13355 W 80th Ave
    Arvada,CO80005     		  PC General Support 1,000
    Salvation Farms
    PO Box 1174
    Morrisville,VT05661     		  PC GleaningStatewideCooperative 10,000
    Sierra Club Foundation
    85 Second Street Suite 750
    San Francisco,CA94105     		  PC New Power to the OldVirginia chapterDominion Campaign 15,000
    Sterling College
    16 Sterling Drive
    Craftsbury,VT05827     		  PC Sustainable AgricultureRian Fried Center forand Food Systems 10,000
    Sustainable Energy Resources Group
    432 Ulman Road
    Thetford,VT05075     		  PC General Support 8,500
    Toxic Action Center
    141 Main Street Suite 6
    Montpelier,VT05602     		  PC General Support 10,000
    Toxic Free North Carolina
    115 S St Marys St Suite D
    Raliegh,NC27603     		  PC General Support 15,000
    Twin Valley Senior Center
    PO Box 143
    Marshfield,VT05658     		  PC Senior CenterChallenge Grant 10,000
    UVM Agricultural College
    217 Waterman Building 85 So Prospec
    Burlington,VT05405     		  PC Closer toHuertas,Home project 5,000
    Vermont Community Garden Network
    12 North St Suite 5
    Burlington,VT05401     		  PC Garden Educationand Outreach 10,000
    Vermont Sustainable Jobs Fund
    3 Pitkin Court Suite 301
    East Montpelier,VT05602     		  PC Close the LoopMaterials 5,000
    Vermont Works for Women
    32 Mallets Bay Avenue
    Winooski,VT05404     		  PC Food ServiceFRESHTraining Program 10,000
    Vermont Natural Resource Center
    9 Bailey Ave
    Montpelier,VT05602     		  PC General Support 15,000
    VT Public Interest Research Group Ed Fund
    141 Main St
    Montpelier,VT05602     		  PC Energy FutureVermont's CleanProgram 15,000
    Western Colorado Congress
    PO Box 1931
    Grand Junction,CO81502     		  PC General Support 10,000
    Cinch Coaltion
    PO Box 2732
    Wise,VA24293     		  PC General Support 10,000
    Total .................................bullet 3a 445,320
    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 20,962  
    4 Dividends and interest from securities....     14 143,668  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     14 -1,607  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 566,377  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aOrdinary loss from Partnerships     1 2,181  
    bOther partnership losses     1 -686  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   730,895  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13730,895
    (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:  
    Part VI Line 7 -Original Return Overpayment: -16,800


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    Harris & Frances Block Foundation Inc
     
    Employer identification number

    31-1784246
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    Harris & Frances Block Foundation Inc
          		Employer identification number

    31-1784246
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    THE ESTATE OF CAROL MAURER  
    5578 Alkire Street
     
    Arvada, CO80002

    		$820,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    Harris & Frances Block Foundation Inc
          		Employer identification number

    31-1784246
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    Harris & Frances Block Foundation Inc
          		Employer identification number

    31-1784246
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Wallace W. Tapia, PC Accounting/Tax 13,495 4,032    

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

    TY 2014 DepreciationSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    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
    Laptop computer 2009-12-04 2,440 2,004 SL 5.00 436      
    Laptop computer 2010-09-29 962 962 SL 3.00        
    Laptop computer 2012-02-04 2,373 1,384 SL 3.00 659      
    Mac computer 2014-07-18 1,580   SL 3.00 263      

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly traded securities   Purchased     1,873,296 1,306,919     566,377  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Amgen Inc 100,000 101,950 101,950
    Ayers Goat Dairy 100,000 100,000 100,000
    Carrot Project 25,000 25,000 25,000
    Discover Bank 200,000 200,716 200,716
    High Mowing Seed Co 50,000 50,000 50,000
    Intl Bank Recon Dev MTNS BE 200,000 198,008 198,008
    Intl Finance Corp 200,000 199,626 199,626
    Vermont Natural Coatings 50,000 50,000 50,000

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A G L Resources Inc 3,950 215,315 215,315
    American Water Works Co Inc 4,200 223,860 223,860
    Apple Inc 2,485 274,294 274,294
    Automatic Data Processing Inc 2,700 225,099 225,099
    Bar Harbor Bankshares 4,460 142,720 142,720
    Baxter Intl Inc 2,550 186,890 186,890
    Cisco Systems Inc 8,150 226,692 226,692
    Connecticut Water Svc Inc 6,160 223,546 223,546
    Coop Regions of Organic Cl E 500 25,000 25,000
    Digital Realty Trust Inc Pfd 4,000 102,000 102,000
    Discovery Communications Ser A 5,700 196,365 196,365
    EMC Corp MA 6,900 205,206 205,206
    Emerson Electric Co 3,000 185,190 185,190
    Expeditors Intl Wash Inc 4,700 209,667 209,667
    Intuit 3,400 313,446 313,446
    Johnson & Johnson 1,935 202,343 202,343
    McCormick & Co Inc 2,800 208,040 208,040
    Merchants Bancshares 5,400 165,402 165,402
    Miller Herman Inc 6,900 203,067 203,067
    Patterson Companies Inc 5,350 257,335 257,335
    Peoples United Financial Inc 12,100 183,678 183,678
    Schwab Charles Corp 7,100 214,349 214,349
    Smucker JM Co 1,872 189,035 189,035
    Stryker Corp 2,300 216,959 216,959
    Sun Common 75,000 75,000 75,000
    Sun Hydraulics Corp 5,000 196,900 196,900
    Telus Corp 4,600 165,784 165,784
    Tennant Co 3,300 238,161 238,161
    United Natural Foods Inc 3,800 293,835 293,835
    United Therapeutics Corp 1,500 194,235 194,235
    Vermont Smoke & Cure 73,934.96 266,905 266,905
    Wabtec Corp 5,400 469,206 469,206
    Wiley & Sons Inc 4,600 272,504 272,504

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    US Government Securities - End of Year Book Value:

    443,227
    US Government Securities - End of Year Fair Market Value:

    443,227
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 InvestmentsOtherSchedule2
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Amerigas Partners LP 4,500   215,640 215,640
    Arjuna Income and Impact Fund, LLC   100,000 100,000
    Hannon Armstrong Sust Infr Cap 14,300   203,489 203,489
    Liberty Property Trust 5,000   188,150 188,150
    Lyme Forest Fund III Te LP   50,271 50,271
    Northeast Kingdom Tasting Center, LLC   50,080 50,080
    PowerShares Global ETF Trust Global Clean Energy 5,900   67,968 67,968
    Patient Capital Collaborative II, LP   27,660 27,660
    Vermont Community Loan Fund 30,000   30,000 30,000
    VSJF Flexible Capital Fund, L3C   33,167 33,167

    TY 2014 LandEtcSchedule2
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Computer equipment 7,355 5,708 1,647  


    TY 2014 OtherAssetsSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Accrued Interest 2,159 3,867 3,867
    Accrued Interest 2,159 3,867 3,867
    Accrued Interest 2,159 3,867 3,867


    TY 2014 OtherAssetsSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Accrued Interest 2,159 3,867 3,867
    Accrued Interest 2,159 3,867 3,867
    Accrued Interest 2,159 3,867 3,867


    TY 2014 OtherAssetsSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Accrued Interest 2,159 3,867 3,867
    Accrued Interest 2,159 3,867 3,867
    Accrued Interest 2,159 3,867 3,867


    TY 2014 OtherDecreasesSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment expenses 614 598    
    Miscellaneous 242     50
    Office Expenses 1,021 15    
    Website 650      


    TY 2014 OtherIncomeSchedule2
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Ordinary gain from Partnerships 2,181 2,181  
    Rental income -2,106    
    Other losses -686 -686  


    TY 2014 OtherIncreasesSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Clean Yield Investment Management 50,773 50,773    
    Equity Institutional Investment fees 300 300    


    TY 2014 TaxesSchedule
    Name:
    Harris & Frances Block Foundation Inc
    EIN: 31-1784246
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Tax Withheld 2,014 2,014    
    Payroll taxes 3,293 329   2,303
    Excise taxes 13,394