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
THE INGLESEA CHARITABLE TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)301 MERRITT 7   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NORWALK, CT06851
A Employer identification number

35-7011350
B Telephone number (see instructions)

(914) 499-5900
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$6,290,080J 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).............. 2,004,798
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 72,252 72,252  
4 Dividends and interest from securities...... 138,291 138,291  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 264,153
b Gross sales price for all assets on line 6a 2,929,194
7 Capital gain net income (from Part IV, line 2)... 264,153
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........ 2,479,494 474,696  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,528 9,528    
c Other professional fees (attach schedule)....        
17 Interest............... 6,339 6,339    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 100 100    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 63,077 63,077    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 79,044 79,044   0
25 Contributions, gifts, grants paid........ 1,116,347 1,116,347
26 Total expenses and disbursements. Add lines 24 and 25 1,195,391 79,044   1,116,347
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,284,103
b Net investment income (if negative, enter -0-) 395,652
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............... 225,898 229,660 229,660
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 2,885,614 Click to see attachment3,099,314 4,574,704
c Investments—corporate bonds (attach schedule)........ 1,742,718 Click to see attachment1,511,180 1,485,216
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment500 Click to see attachment500
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,854,230 4,840,654 6,290,080
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 4,854,230 4,840,654
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)...... 4,854,230 4,840,654
31 Total liabilities and net assets/fund balances (see instructions).. 4,854,230 4,840,654
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 4,854,230
2 Enter amount from Part I, line 27a..................... 2 1,284,103
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 6,138,333
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,297,679
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,840,654
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 500-PEOPLES UTD FINL INC P 2013-07-09 2014-02-28
b 1800-RICE ENERGY INC P 2014-01-24 2014-10-14
c 400-ABBVIE INC P 2013-02-12 2014-06-19
d 900-ATHLON ENERGY INC P 2013-08-02 2014-09-23
e 300-UNUM GROUP P 2013-01-04 2014-10-14
3600-COVANTA HOLDING CORPORATION P 2013-01-29 2014-03-24
50000-ENBRIDGE INC P 2013-09-26 2014-06-18
40000-FORD MTR CR CO P 2013-01-03 2014-06-18
1000-PEOPLES UTD FINL INC P 2013-10-03 2014-02-28
500-DEERE & CO P 2014-06-19 2014-10-15
300-CARPENTER TECHNOLOGY CORP P 2013-02-08 2014-06-19
200-INTERNATIONAL PAPER CO P 2013-01-17 2014-09-23
150-PIONEER NATURAL RESOURCES CO P 2013-01-30 2014-10-15
600-COVANTA HOLDING CORPORATION P 2013-02-01 2014-06-23
25000-J P MORGAN CHASE & CO P 2013-01-15 2014-01-21
10000-GENESIS ENERGY LP/ GENESIS P 2013-01-14 2014-06-18
1000-PEOPLES UTD FINL INC P 2013-05-29 2014-02-28
200-DELTA AIR LINES INC DEL P 2014-08-20 2014-11-03
300-HONEYWELL INTL INC P 2013-01-17 2014-06-19
100-JOHNSON & JOHNSON P 2013-02-07 2014-09-23
150-TRAVELERS COMPANIES INC THE P 2013-10-04 2014-10-22
3600-COVANTA HOLDING CORPORATION P 2013-01-29 2014-06-23
35000-AT&T INC P 2013-02-07 2014-03-04
25000-BANK OF AMERICA CORP P 2013-03-19 2014-10-20
500-PEOPLES UTD FINL INC P 2013-07-25 2014-02-28
550-KLX INC P 2014-08-26 2014-12-30
200-PIONEER NATURAL RESOURCES CO P 2013-02-14 2014-06-19
500-APACHE CORP P 2013-03-27 2014-09-30
1500-KOHLS CORP P 2013-02-13 2014-10-27
400-COVANTA HOLDING CORPORATION P 2014-09-17 2014-09-25
25000-GENERAL ELEC CAP CORP P 2013-01-03 2014-03-04
30000-GENESIS ENERGY LP/ GENESIS P 2013-01-14 2014-10-20
789-VERIZON COMMUNICATIONS P 2014-02-24 2014-06-19
800-ABBVIE INC P 2013-01-24 2014-02-19
100-CARPENTER TECHNOLOGY CORP P 2013-02-12 2014-06-26
1000-ATHLON ENERGY INC P 2013-08-02 2014-09-30
150-BOEING CO P 2013-07-25 2014-11-19
3600-COVANTA HOLDING CORPORATION P 2013-01-29 2014-09-25
50000-REGAL CINEMAS CORP GTD SR NT P 2013-01-10 2014-03-11
20000-SLM CORP P 2013-01-23 2014-10-20
200-KRAFT FOODS GROUP INC P 2013-12-05 2014-07-24
350-PACKAGING CORP AMER P 2013-01-22 2014-02-26
17-VERITIV CORPORATION P 2012-12-28 2014-07-07
3600-COVANTA HOLDING CORPORATION P 2013-01-29 2014-09-30
200-BOEING CO P 2013-05-09 2014-11-19
600-COVANTA HOLDING CORPORATION P 2013-02-01 2014-09-25
50000-CROWN CASTLE INTL CORP P 2013-01-03 2014-05-02
16000-VERIZON COMMUNICATIONS INC P 2013-10-31 2014-11-24
400-KRAFT FOODS GROUP INC P 2013-10-03 2014-07-29
250-PACKAGING CORP AMER P 2013-01-14 2014-02-26
17-VERITIV CORPORATION P 2013-01-04 2014-07-07
600-COVANTA HOLDING CORPORATION P 2013-02-01 2014-09-30
900-INTERNATIONAL PAPER CO P 2013-01-17 2014-11-28
15-VODAFONE GROUP PLC P 2014-02-24 2014-02-24
25000-DIAGEO CAP PLC P 2013-04-24 2014-05-09
20000-DENBURY RES INC P 2013-01-07 2014-12-01
600-DEERE & CO P 2014-06-19 2014-08-15
1000-PEOPLES UTD FINL INC P 2013-01-17 2014-02-28
5-VERITIV CORPORATION P 2013-01-14 2014-07-07
1300-TEXTRON INC P 2013-07-18 2014-09-30
300-PIONEER NATURAL RESOURCES CO P 2013-01-31 2014-11-28
0-VERIZON COMMUNICATIONS P 2014-03-05 2014-03-05
25000-GENERAL ELEC CAP CORP P 2013-01-03 2014-05-09
30000-DENBURY RES INC P 2013-01-07 2014-12-03
1000-AMERICAN AIRLINES GROUP INC P 2014-05-08 2014-08-20
1200-PEOPLES UTD FINL INC P 2013-01-04 2014-02-28
37-VERITIV CORPORATION P 2013-01-17 2014-07-07
100-TRAVELERS COMPANIES INC THE P 2013-01-17 2014-09-30
150-PIONEER NATURAL RESOURCES CO P 2013-01-30 2014-11-28
17-VERITIV CORPORATION P 2014-08-08 2014-08-08
25000-DIAGEO CAP PLC P 2013-04-24 2014-05-13
30000-FREEPORT MCMORAN COPPER INC P 2013-01-28 2014-12-17
200-APACHE CORP P 2013-12-23 2014-09-30
2800-PEOPLES UTD FINL INC P 2012-12-31 2014-02-28
500-CHUBB CORP P 2013-02-13 2014-07-22
300-TRAVELERS COMPANIES INC THE P 2013-02-12 2014-09-30
80-CALIFORNIA RES CORP P 2013-01-17 2014-12-01
50000-AMERICAN TOWER CORP P 2014-01-17 2014-05-09
25000-JPMORGAN CHASE & CO P 2013-01-17 2014-05-13
700-APACHE CORP P 2014-05-27 2014-09-30
500-CARPENTER TECHNOLOGY CORP P 2013-02-08 2014-05-01
400-CHUBB CORP P 2013-01-24 2014-07-22
500-PRECISION CASTPARTS CORP P 2013-06-05 2014-10-01
220-CALIFORNIA RES CORP P 2013-01-04 2014-12-01
6000-NIELSEN FIN LLC/ NIELSEN FIN P 2014-01-07 2014-05-12
20000-GENESIS ENERGY LP/ GENESIS P 2013-01-14 2014-05-16
400-COVANTA HOLDING CORPORATION P 2014-09-17 2014-09-30
200-ABBVIE INC P 2013-01-29 2014-05-08
1000-PFIZER INC P 2013-01-24 2014-07-22
1700-UNUM GROUP P 2013-01-04 2014-10-07
80-CALIFORNIA RES CORP P 2013-01-08 2014-12-01
5000-AMERICAN TOWER CORP P 2014-01-17 2014-05-13
50000-RANGE RES CORP P 2013-01-14 2014-05-30
2400-DENBURY RESOURCES INC NEW P 2013-12-12 2014-09-30
400-ABBVIE INC P 2013-01-24 2014-05-08
100-CHUBB CORP P 2013-01-24 2014-07-30
873-VODAFONE GROUP PLC P 2013-01-25 2014-10-14
120-CALIFORNIA RES CORP P 2013-03-12 2014-12-01
5000-AMERICAN TOWER CORP P 2014-01-17 2014-06-18
10000-FORD MTR CR CO P 2013-01-03 2014-06-04
500-SCHLUMBERGER LTD P 2014-08-15 2014-10-14
100-ABBVIE INC P 2013-01-22 2014-05-08
500-CHUBB CORP P 2013-01-22 2014-07-30
763-VODAFONE GROUP PLC P 2013-01-04 2014-10-14
300-UNUM GROUP P 2013-01-04 2014-12-11
19000-NIELSEN FIN LLC/ NIELSEN FIN P 2014-01-07 2014-07-23
25000-JPMORGAN CHASE & CO P 2013-01-17 2014-06-04
700-SCHLUMBERGER LTD P 2014-06-26 2014-10-14
900-ABBVIE INC P 2013-01-22 2014-06-19
300-APACHE CORP P 2013-03-27 2014-07-31
800-ANTERO RESOURCES CORPORATION P 2013-10-10 2014-10-14
600-COVANTA HOLDING CORPORATION P 2013-02-01 2014-03-24
50000-DELPHI CORP SR NT 5.875%19 P 2013-12-20 2014-02-26
50000-CELANESE US HLDGS LLC P 2013-03-22 2014-06-18
(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 7,141   7,697 -556
b 38,960   37,800 1,160
c 21,816   14,232 7,584
d 41,444   18,000 23,444
e 9,878   6,560 3,318
113   113  
50,059   50,135 -76
42,001   43,352 -1,351
14,283   14,520 -237
41,997   45,607 -3,610
19,037   15,515 3,522
9,781   8,268 1,513
24,254   17,870 6,384
19   19  
25,003   25,198 -195
10,626   10,785 -159
14,283   13,859 424
8,097   7,996 101
28,220   20,165 8,055
10,789   7,487 3,302
14,357   12,674 1,683
113   113  
35,036   35,000 36
25,188   25,000 188
7,141   7,705 -564
22,433   25,319 -2,886
45,769   24,322 21,447
46,595   37,934 8,661
87,571   69,726 17,845
17   17  
25,169   25,000 169
31,313   32,220 -907
38,976   37,963 1,013
41,028   30,486 10,542
6,268   5,137 1,131
58,271   20,000 38,271
19,838   15,982 3,856
156   156  
53,537   55,255 -1,718
20,150   20,371 -221
11,655   10,501 1,154
25,092   13,539 11,553
573   498 75
76,156   66,794 9,362
26,450   18,980 7,470
26   26  
53,391   55,491 -2,100
16,476   16,600 -124
23,208   20,932 2,276
17,923   9,793 8,130
573   517 56
12,693   11,277 1,416
48,517   37,207 11,310
15   15  
24,991   24,954 37
18,500   21,893 -3,393
50,721   54,728 -4,007
14,283   12,690 1,593
168   173 -5
46,607   36,775 9,832
43,333   34,904 8,429
       
25,165   25,000 165
27,600   32,838 -5,238
40,266   37,484 2,782
17,139   15,072 2,067
1,247   1,127 120
9,395   7,591 1,804
21,666   17,870 3,796
17     17
24,991   24,954 37
30,054   30,073 -19
18,638   17,349 1,289
39,991   33,468 6,523
46,146   41,802 4,344
28,186   23,957 4,229
646   577 69
54,333   54,036 297
25,260   25,000 260
65,234   63,234 2,000
31,713   25,858 5,855
36,916   32,398 4,518
115,613   105,482 10,131
1,776   1,527 249
6,414   6,477 -63
21,392   21,592 -200
8,462   8,555 -93
10,570   7,324 3,246
30,636   27,214 3,422
57,336   37,171 20,165
646   570 76
5,438   5,402 36
52,135   55,257 -3,122
35,939   38,413 -2,474
21,141   15,243 5,898
8,800   8,099 701
26,796   43,061 -16,265
969   877 92
5,401   5,392 9
10,544   10,858 -314
44,346   53,184 -8,838
5,285   3,629 1,656
43,999   40,397 3,602
23,420   36,027 -12,607
9,989   6,560 3,429
20,043   20,450 -407
25,289   25,000 289
62,084   80,419 -18,335
49,085   32,660 16,425
30,785   22,761 8,024
37,160   35,200 1,960
19   19  
52,700   52,909 -209
52,301   53,779 -1,478
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       -556
b       1,160
c       7,584
d       23,444
e       3,318
       
      -76
      -1,351
      -237
      -3,610
      3,522
      1,513
      6,384
       
      -195
      -159
      424
      101
      8,055
      3,302
      1,683
       
      36
      188
      -564
      -2,886
      21,447
      8,661
      17,845
       
      169
      -907
      1,013
      10,542
      1,131
      38,271
      3,856
       
      -1,718
      -221
      1,154
      11,553
      75
      9,362
      7,470
       
      -2,100
      -124
      2,276
      8,130
      56
      1,416
      11,310
       
      37
      -3,393
      -4,007
      1,593
      -5
      9,832
      8,429
       
      165
      -5,238
      2,782
      2,067
      120
      1,804
      3,796
      17
      37
      -19
      1,289
      6,523
      4,344
      4,229
      69
      297
      260
      2,000
      5,855
      4,518
      10,131
      249
      -63
      -200
      -93
      3,246
      3,422
      20,165
      76
      36
      -3,122
      -2,474
      5,898
      701
      -16,265
      92
      9
      -314
      -8,838
      1,656
      3,602
      -12,607
      3,429
      -407
      289
      -18,335
      16,425
      8,024
      1,960
       
      -209
      -1,478
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 2 264,153
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 -29,814
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 388,219 5,276,396 0.073577
2012   5,064,716  
2011      
2010      
2009      
2 Total of line 1, column (d) ...................... 2 0.073577
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 0.073577
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 5,866,960
5 Multiply line 4 by line 3....................... 5 431,673
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,957
7 Add lines 5 and 6......................... 7 435,630
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,116,347
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 3,957
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 3,957
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 3,957
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 2,443
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,443
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 486
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet486 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)
    bulletCT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSAMUEL PALMISANO Telephone no.bullet (973) 403-0400
    Located atbullet301 MERRITT 7NORWALKCT ZIP+4bullet06851
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    SAMUEL PALMISANO TRUSTEE
    0.50     		0 0 0
    301 MERRITT 7
    NORWALK,CT06851
    GAIER PALMISANO TRUSTEE
    0.50     		0 0 0
    301 MERRITT 7
    NORWALK,CT06851
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,775,805
    b
    Average of monthly cash balances.......................
    1b
    180,500
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,956,305
    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
    5,956,305
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    89,345
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,866,960
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    293,348
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    293,348
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    3,957
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,957
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    289,391
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    289,391
    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
    289,391
    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
    1,116,347
    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
    1,116,347
    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
    3,957
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,112,390
    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 7 289,391
    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.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013....... 126,467
    fTotal of lines 3a through e......... 126,467
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,116,347
    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..... 289,391
    e Remaining amount distributed out of corpus 826,956
    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 5 953,423
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		953,423
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013.... 126,467
    e Excess from 2014.... 826,956
    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).)
    SAMUEL PALMISANO
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALS ASSOCIATION
    1275 K STREET NW STE 250
    WASHINGTON,DC20005     		    CHARITABLE 500
    AMERICAN ACADEMY OF ARTS
    332 SOUTH MICHIGAN AVE
    CHICAGO,IL60604     		    CHARITABLE 800
    AMERICAN CANCER SOCIETY
    PO BOX 22718
    OKLAHOMA CITY,OK73123     		    CHARITABLE 500
    AMERICAN COUNCIL FOR THE BLIND
    2200 WILSON BLVD STE 650
    ARLINGTON,VA22201     		    CHARITABLE 100
    AMERICAN HEART ASSOCIATION
    1 UNION STREET STE 301
    ROBBINSVILLE,NJ08691     		    CHARITABLE 10,000
    AMERICAN RED CROSS
    PO BOX 4002018
    DES MOINES,IA50340     		    CHARITABLE 1,000
    BREAST CANCER RESEARCH FOUNDATION
    60 EAST 56TH ST 8TH FL
    NEW YORK,NY10022     		    CHARITABLE 1,000
    BREAST CANCER SURVIVAL CENTER
    PO BOX 701
    FAIRFIELD,CT06824     		    CHARITABLE 10,000
    BRICK STORE MUSEUM
    117 MAINE ST
    KENNEBUNK,ME04043     		    CHARITABLE 298
    BRIDGEPORT LADIES CHARITABLE SOCIET
    850 MAIN STREET
    BRIDGEPORT,CT06604     		    CHARITABLE 250
    BROWN UNIVERSITY
    PO BOX 1893
    PROVIDENCE,RI02912     		    CHARITABLE 5,000
    CALVERT HALL COLLEGE
    8102 LA SALLE ROAD
    BALTIMORE,MD21286     		    CHARITABLE 50,000
    CENTER FOR FAMILY JUSTICE
    753 FAIRFIELD AVE
    BRIDGEPORT,CT06604     		    CHARITABLE 250
    CENTER FOR GLOBAL ENTERPRISE
    200 PARK AVENUE STE 1700
    NEW YORK,NY10166     		    CHARITABLE 5,000
    COASTAL MAINE BOTANICAL GARDENS
    PO BOX 234
    BOOTHBAY,ME04537     		    CHARITABLE 500
    COLLEGE OF THE HOLY CROSS
    1 COLLEGE STREET
    WORCESTER,MA01610     		    CHARITABLE 2,000
    COLUMBIA UNIVERSITY
    116TH ST AND BROADWAY
    NEW YORK,NY10027     		    CHARITABLE 5,000
    COUNCIL ON FOREIGN RELATIONS
    58 EAST 68TH STREET
    NEW YORK,NY10065     		    CHARITABLE 5,000
    CT AUDUBON SOCIETY
    2325 BURR STREET
    FAIRFIELD,CT06824     		    CHARITABLE 250
    CT FOOD BANK
    PO BOX 8686
    NEW HAVEN,CT06531     		    CHARITABLE 500
    CT FUND FOR THE ENVIRONMENT
    142 TEMPLE ST STE 305
    NEW HAVEN,CT06510     		    CHARITABLE 250
    CULTURAL ALLIANCE OF FAIRFIELD
    301 WEST AVENUE
    NORWALK,CT06850     		    CHARITABLE 250
    EAGLE HILL SOUTHPORT
    214 MAIN ST
    SOUTHPORT,CT06890     		    CHARITABLE 300
    ELMWOOD FRANKLIN SCHOOL
    104 NEW AMSTERDAM AVE
    BUFFALO,NY14216     		    CHARITABLE 500
    EPISCOPAL RELIEF AND DEVELOPMENT
    PO BOX 7058
    MERRIFIELD,VA22116     		    CHARITABLE 500
    FAIRFIELD COUNTRY DAY SCHOOL
    2970 BRONSON RD
    FAIRFIELD,CT06824     		    CHARITABLE 2,500
    FAIRFIELD GARDEN CLUB
    PO BOX 435
    SOUTHPORT,CT06890     		    CHARITABLE 409
    FAIRFIELD MUSEUM & HISTORY CENTER
    370 BEACH ROAD
    FAIRFIELD,CT06824     		    CHARITABLE 277,750
    FIRST TEE OF CT
    55 GOLF CLUB RD
    CROMWELL,CT06416     		    CHARITABLE 500
    FOUNDATION FOR EXCELLENCE IN EDUCAT
    PO BOX 10691
    TALLAHASSEE,FL32302     		    CHARITABLE 1,000
    FRIENDS OF NBFA
    184 GARDEN ST
    BRIDGEPORT,CT06605     		    CHARITABLE 300
    FRIENDS OF PEDIATRICS -BRIDGEPORT H
    267 GRANT ST
    BRIDGEPORT,CT06610     		    CHARITABLE 100
    FRIENDS OF SOUTH PORT PARK INC
    PO BOX 471
    SOUTHPORT,CT06890     		    CHARITABLE 250
    GRAND TETON NATIONAL PARK FOUND
    PO BOX 249
    MOOSE,WY83012     		    CHARITABLE 1,000
    GREENS FARMS ACADEMY
    35 BEACHSIDE AVE
    WESTPORT,CT06880     		    CHARITABLE 1,000
    GREENWICH HOSPITAL FOUNDATION
    5 PERRYRIDGE RD
    GREENWICH,CT06830     		    CHARITABLE 1,000
    HABITAT FOR HUMANITY
    121 HABITAT STREET
    AMERICUS,GA31709     		    CHARITABLE 1,000
    HOLDERNESS SCHOOL
    CHAPEL LANE PO BOX 1879
    PLYMOUTH,NH03264     		    CHARITABLE 1,000
    HOLE IN THE WALL GANG
    555 LONG WHARF DRIVE
    NEW HAVEN,CT06511     		    CHARITABLE 200
    HORIZONS GREENS FARMS ACADEMY
    35 BEACHSIDE AVE
    GREEN FARMS,CT06838     		    CHARITABLE 1,500
    KEMS
    PO BOX 1761
    KENNEBUNKPORT,ME04046     		    CHARITABLE 100
    KENEBUNKPHORT CONSERVATION
    57 GAVELLY BROOK RD
    KENNEBUNKPORT,ME04046     		    CHARITABLE 650
    KENNEBUNK BEACH IMPROVEMENT ASSOCIA
    262 BEACH AVE
    KENNEBUNK,ME04043     		    CHARITABLE 535
    KENNEBUNKPORT HISTORICAL SOCIETY
    125 NORTH ST
    KENEBUNKPORT,ME04046     		    CHARITABLE 360
    KIDS FOR PEACE
    3300 CHIMNEY ROCK STE 30
    HOUSTON,TX77056     		    CHARITABLE 350
    KRC PRESERVATION FOUNDATION
    PO BOX 994
    KENNEBUNKPORT,ME04046     		    CHARITABLE 1,000
    LOUIS T GRAVES MEMORIAL LIBRARY
    18 MAIN STREET
    KENNEBUNKPORT,ME04046     		    CHARITABLE 1,000
    MARSOC FOUNDATION
    PO BOX 2018
    TEMECULA,CA92593     		    CHARITABLE 1,000
    MAYO CLINIC
    5777 E MAYO BLVD
    PHOENIX,AZ85054     		    CHARITABLE 5,000
    MIDDLEBURY COLLEGE
    MIDDLEBURY COLLEGE
    MIDDLEBURY,VT05753     		    CHARITABLE 100,000
    MIDDLESEX SCHOOL
    1400 LOWELL ROAD
    CONCORD,MA01742     		    CHARITABLE 1,000
    MISS PORTER'S SCHOOL
    60 MAIN STREET
    FARMINGTON,CT06032     		    CHARITABLE 525,000
    MOVEMBER
    PO BOX 1595
    CULVER CITY,CA90232     		    CHARITABLE 100
    NATURE CONSERVANCY INC
    4245 NORTH FAIRFAX DR
    ARLINGTON,VA22203     		    CHARITABLE 500
    NEAR AND FAR AID
    PO BOX 717
    SOUTHPORT,CT06890     		    CHARITABLE 2,500
    NEW YORK PRESBYTERIAN FUND
    525 E 68TH ST
    NEW YORK,NY10065     		    CHARITABLE 500
    NORTH SHORE SENIOR CENTER
    10201 E RIVERSIDE DR
    BOTHELL,WA98011     		    CHARITABLE 500
    NSCDA-CT
    2715 Q ST NW
    WASHINGTON,DC20007     		    CHARITABLE 200
    OPERATION HOPE
    707 WILSHIRE BOULEVARD 30
    LOS ANGELES,CA90017     		    CHARITABLE 250
    PEQUOT LIBRARY
    720 PEQUOT AVE
    SOUTHPORT,CT06890     		    CHARITABLE 1,500
    PINE TREE SOCIETY
    PO BOX 518
    BATH,ME04530     		    CHARITABLE 150
    QUEBEC LABRADOR FOUNDATION
    55 S MAIN ST
    IPSWICH,MA01938     		    CHARITABLE 250
    REACH PREP
    ONE DOCK STREET STE 100
    STAMFORD,CT06902     		    CHARITABLE 1,000
    RIVER TREE ARTS
    35 WESTERN AVENUE
    KENNEBUNK,ME04043     		    CHARITABLE 250
    SASQUA GARDEN CLUB
    PO BOX 137
    SOUTHPORT,CT06890     		    CHARITABLE 100
    SASQUANAUG ASSOCIATION
    173 HORSESHOE LN
    FAIRFIELD,CT06824     		    CHARITABLE 250
    SEEDS OF INDEPENDENCE
    29 BURBANK ST
    BRUNSWICK,ME04011     		    CHARITABLE 1,000
    SMILE TRAIN
    41 MADISON AVE 28TH FL
    NEW YORK,NY10010     		    CHARITABLE 750
    SOUTHPORT CONGREGATIONAL CHURCH
    524 PEQUOT AVE
    SOUTHPORT,CT06890     		    CHARITABLE 200
    SOUTHPORT CONSERVANCY
    56 OLD POST RD
    SOUTHPORT,CT06890     		    CHARITABLE 75
    SOUTHPORT VOLUNTEER FIRE DEPARTMENT
    69 MAIN ST
    SOUTHPORT,CT06890     		    CHARITABLE 400
    SPECIAL OLYMPICS
    2666 STATE STREET STE 1
    HAMDEN,CT06517     		    CHARITABLE 450
    ST ANN'S EPISCOPAL CHURCH
    167 OCEAN AVENUE
    KENNEBUNKPORT,ME04046     		    CHARITABLE 3,910
    SUSAN G KOMEN FOUNDATION
    5005 LBJ FREEWAY STE 250
    DALLAS,TX75244     		    CHARITABLE 250
    TEE-TIME FOR MCF
    170 US ROUTE 1 STE 250
    FALMOUTH,ME04105     		    CHARITABLE 500
    THE HOTCHKISS FUND
    11 INTERLAKEN RD
    LAKEVILEE,CT06039     		    CHARITABLE 1,000
    TRINITY EPISCOPAL CHURCH
    651 PEQUOT AVE
    SOUTHPORT,CT06890     		    CHARITABLE 59,300
    UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		    CHARITABLE 600
    VERMONT CENTER FOR ECOSTUDIES
    PO BOX 420
    NORWICH,VT05055     		    CHARITABLE 1,250
    WAKEMAN BOYS &GIRLS CLUB
    385 CENTER STREET
    SOUTHPORT,CT06890     		    CHARITABLE 500
    WEBB-DEAN-STEVENS MUSEUM
    211 MIN ST
    WETHERSFIELD,CT06109     		    CHARITABLE 500
    WFJ CADDIE SCHOLARSHIP
    PO BOX 2783
    WESTPORT,CT06880     		    CHARITABLE 1,000
    WOUNDED WARRIOR PROJECT
    370 7TH AVENUE STE 1802
    NEW YORK,NY10001     		    CHARITABLE 10,360
    YU-AI KAI SENIOR CENTER
    588 N 4TH STREET
    SAN JOSE,CA95112     		    CHARITABLE 1,000
    Total .................................bullet 3a 1,116,347
    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 ............     		        72,252
    4 Dividends and interest from securities....         138,291
    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 .............     		        264,153
    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)..     474,696
    13Total. Add line 12, columns (b), (d), and (e)..................
    13474,696
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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
    THE INGLESEA CHARITABLE TRUST
     
    Employer identification number

    35-7011350
    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
    THE INGLESEA CHARITABLE TRUST
          		Employer identification number

    35-7011350
    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
     
     

    SAMUEL PALMISANO  
    301 MERRITT 7
     
    NORWALK, CT06851

    		$2,004,798


    (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
    THE INGLESEA CHARITABLE TRUST
          		Employer identification number

    35-7011350
    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
    1
    		 10365SH IBM STOCK $ 2,004,798 2014-09-18
    (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
    THE INGLESEA CHARITABLE TRUST
          		Employer identification number

    35-7011350
    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:
    THE INGLESEA CHARITABLE TRUST
    EIN: 35-7011350
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 9,528 9,528    

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    THE INGLESEA CHARITABLE TRUST
    EIN: 35-7011350
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACCOUNT 29622 1,511,180 1,485,216

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE INGLESEA CHARITABLE TRUST
    EIN: 35-7011350
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCOUNT 29621 2,246,273 2,837,594
    ACCOUNT 29621 10365SH IBM 786,352 1,662,961
    ACCOUNT 29622 66,689 74,149

    TY 2014 OtherAssetsSchedule
    Name:
    THE INGLESEA CHARITABLE TRUST
    EIN: 35-7011350
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER ASSET   500 500


    TY 2014 OtherDecreasesSchedule
    Name:
    THE INGLESEA CHARITABLE TRUST
    EIN: 35-7011350
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    THE INGLESEA CHARITABLE TRUST
    EIN: 35-7011350
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BROKER FEES 192 192    
    BOND PREMIUM PAID 5,373 5,373    
    TRUSTEE FEE 29622 6,633 6,633    
    TRUSTEE FEE 29621 50,879 50,879    


    TY 2014 SubstantialContributorsSch
    Name:
    THE INGLESEA CHARITABLE TRUST
    EIN: 35-7011350
    Name Address
    SAMUEL PALMISANO  
     


    TY 2014 TaxesSchedule
    Name:
    THE INGLESEA CHARITABLE TRUST
    EIN: 35-7011350
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CT REGISTRATION 100 100