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 BOUSTEAD FAMILY FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 186   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ADIRONDACK, NY128080186
A Employer identification number

52-2097838
B Telephone number (see instructions)

(914) 762-1234
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$3,900,361J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 103,306 103,306  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 135,749
b Gross sales price for all assets on line 6a 1,270,371
7 Capital gain net income (from Part IV, line 2)... 135,749
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 28,433 2,516  
12 Total. Add lines 1 through 11........ 267,488 241,571  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 48,474 48,474   0
17 Interest............... 3,053 3,053   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,636 207   0
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 7,832 7,557   208
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 75,995 59,291   208
25 Contributions, gifts, grants paid........ 176,000 176,000
26 Total expenses and disbursements. Add lines 24 and 25 251,995 59,291   176,208
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 15,493
b Net investment income (if negative, enter -0-) 182,280
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 618,129 588,061 588,061
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)........ 2,151,071 Click to see attachment2,460,655 2,460,655
c Investments—corporate bonds (attach schedule)........ 406,474    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 758,068 Click to see attachment851,645 851,645
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,933,742 3,900,361 3,900,361
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 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 3,933,742 3,900,361
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)...... 3,933,742 3,900,361
31 Total liabilities and net assets/fund balances (see instructions).. 3,933,742 3,900,361
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 3,933,742
2 Enter amount from Part I, line 27a..................... 2 15,493
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 23,342
4 Add lines 1, 2, and 3.......................... 4 3,972,577
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 72,216
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,900,361
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 CONSOLIDATED NAT GAS CO SR NT 2004 SER A % 5.000% 12/01/14 B/E DTD 11/18/04   2009-06-11 2014-12-01
b WELLS FARGO & CO NEW GLOBAL SUB NT 5.000% 11/15/14 B/E DTD 11/06/02   2009-07-28 2014-11-17
c JPMORGAN CHASE & CO NT 4.650% 06/01/14 B/E DTD 05/18/09   2009-06-18 2014-06-02
d MORGAN STANLEY GLOBAL SUB NT 4.750% 04/01/14 B/E DTD 03/30/04   2009-07-23 2014-04-01
e GOLDMAN SACHS GROUP INC SR NT 5.150% 01/15/14 B/E DTD 01/13/04   2009-06-11 2014-01-15
QEP RES INC COM   2014-10-06 2014-12-19
QEP RES INC COM   2013-04-17 2014-12-19
DUNKIN BRANDS GROUP INC COM   2014-07-30 2014-12-19
AMAZON COM INC   2014-04-07 2014-12-16
AMAZON COM INC   2013-02-13 2014-12-16
BLACKROCK INC COM   2010-11-03 2014-12-11
AMAZON COM INC   2013-02-13 2014-12-11
AMAZON COM INC   2012-10-26 2014-12-11
LAREDO PETE INC COM   2014-09-08 2014-12-03
LAREDO PETE INC COM   2014-07-30 2014-12-03
LAREDO PETE INC COM   2014-06-27 2014-12-03
IAC INTERACTIVECORP COM PAR   2014-06-30 2014-11-05
KANSAS CITY SOUTHN COM NEW   2014-02-24 2014-10-29
INTUIT INCORPORATED COM   2013-10-01 2014-10-28
BOEING CO COM   2012-10-16 2014-10-28
BOEING CO COM   2012-09-12 2014-10-28
BOEING CO COM   2012-07-09 2014-10-28
EBAY INC COM   2013-04-23 2014-09-30
EBAY INC COM   2011-10-28 2014-09-30
EBAY INC COM   2011-09-06 2014-09-30
EBAY INC COM   2011-08-09 2014-09-30
RANGE RES CORP COM   2013-10-30 2014-09-29
RANGE RES CORP COM   2013-07-30 2014-09-29
GENERAL MTRS CO COM   2014-01-31 2014-09-08
GENERAL MTRS CO COM   2013-11-13 2014-09-08
AMERICAN TOWER REIT COM   2009-05-06 2014-08-21
TRIBUNE PUBG CO COM   2014-02-05 2014-08-14
TRIBUNE PUBG CO COM   2014-01-08 2014-08-14
EXPRESS SCRIPTS HLDG CO COM   2013-04-16 2014-07-25
EXPRESS SCRIPTS HLDG CO COM   2013-01-16 2014-07-25
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTNERSHIP INT   2012-05-09 2014-07-15
IHS INC COM CL A   2013-06-20 2014-07-03
PIONEER NAT RES CO COM   2014-01-30 2014-06-26
PIONEER NAT RES CO COM   2013-03-27 2014-06-26
HUNT J B TRANS SVCS INC COM   2014-02-27 2014-06-23
HUNT J B TRANS SVCS INC COM   2012-08-28 2014-06-23
HUNT J B TRANS SVCS INC COM   2011-08-02 2014-06-23
HUNT J B TRANS SVCS INC COM   2010-10-06 2014-06-23
UNION PACIFIC CORP COM   2013-06-03 2014-05-19
UNION PACIFIC CORP COM   2012-09-14 2014-05-19
EBAY INC COM   2013-10-18 2014-05-13
EBAY INC COM   2013-04-23 2014-05-13
EBAY INC COM   2013-08-14 2014-05-13
JP MORGAN CHASE & CO COM ISIN#US46625H1005   2014-01-30 2014-05-06
JP MORGAN CHASE & CO COM ISIN#US46625H1005   2013-10-04 2014-05-06
JP MORGAN CHASE & CO COM ISIN#US46625H1005   2013-10-04 2014-05-01
PIONEER NAT RES CO COM   2013-03-27 2014-04-22
PIONEER NAT RES CO COM   2013-02-14 2014-04-22
MONSANTO CO NEW COM   2013-08-08 2014-04-03
MONSANTO CO NEW COM   2012-11-07 2014-04-03
GENERAL MTRS CO COM   2013-11-13 2014-03-18
UNION PACIFIC CORP COM   2012-09-14 2014-03-04
UNION PACIFIC CORP COM   2012-02-21 2014-03-04
BORGWARNER INC COM   2012-05-15 2014-02-24
EXPRESS SCRIPTS HLDG CO COM   2013-01-16 2014-02-14
EXPRESS SCRIPTS HLDG CO COM   2012-11-06 2014-02-14
DENBURY RES INC COM NEW   2012-11-20 2014-02-13
DENBURY RES INC COM NEW   2012-10-18 2014-02-13
DENBURY RES INC COM NEW   2012-10-18 2014-01-21
DENBURY RES INC COM NEW   2012-09-21 2014-01-21
TEEKAY CORP SHS ISIN#MHY8564W1030   2010-09-28 2014-01-17
MONSANTO CO NEW COM   2012-11-07 2014-01-15
MONSANTO CO NEW COM   2011-06-17 2014-01-15
MONSANTO CO NEW COM   2011-06-02 2014-01-15
MONSANTO CO NEW COM   2010-12-23 2014-01-15
UNION PACIFIC CORP COM   2012-02-21 2014-01-08
UNION PACIFIC CORP COM   2012-02-02 2014-01-08
AMERICAN INTL GROUP INC COM NEW   2013-05-03 2014-01-06
AMERICAN INTL GROUP INC COM NEW   2012-09-11 2014-01-06
AMERICAN INTL GROUP INC COM NEW   2012-08-17 2014-01-06
AMAZON COM INC   2012-10-26 2014-01-06
BOEING CO COM   2012-07-09 2014-01-03
LABORATORY CORP AMER HLDGS COM NEW   2014-04-10 2014-11-03
LABORATORY CORP AMER HLDGS COM NEW   2013-12-31 2014-11-03
CUSTOMERS BANCORP INC COM   2013-12-31 2014-10-16
CALPINE CORP COM NEW   2013-12-31 2014-10-16
CUSTOMERS BANCORP INC COM   2013-12-31 2014-06-30
ONE GAS INC COM   2013-12-31 2014-02-06
ONE GAS INC COM   2013-12-31 2014-02-04
ALLIANCE DATA SYS CORP COM   2010-07-29 2014-12-23
CONVERSANT INC C/A EFF 12/11/14 1 OLD/ USD 15.40 P/S AND .07037 CU XXX-XX-XXXX   2010-07-29 2014-12-12
ALLIANCE DATA SYS CORP COM   2010-07-29 2014-12-12
COLUMBIA SPORTSWEAR CO COM   2012-08-31 2014-11-11
COLUMBIA SPORTSWEAR CO COM   2012-08-30 2014-11-11
COLUMBIA SPORTSWEAR CO COM   2012-08-29 2014-11-11
COLUMBIA SPORTSWEAR CO COM   2012-08-29 2014-11-10
COLUMBIA SPORTSWEAR CO COM   2012-08-28 2014-11-10
COLUMBIA SPORTSWEAR CO COM   2012-08-27 2014-11-10
CABELAS INC COM CL A   2009-06-18 2014-11-03
CABELAS INC COM CL A   2009-06-17 2014-11-03
MRC GLOBAL INC COM   2013-12-05 2014-10-20
MICREL INC COM   2011-08-25 2014-08-28
MICREL INC COM   2010-10-22 2014-08-28
MICREL INC COM   2010-07-29 2014-08-28
MARTIN MARIETTA MATLS INC COM   2013-12-05 2014-07-08
MARTIN MARIETTA MATLS INC COM   2010-09-24 2014-07-08
MARTIN MARIETTA MATLS INC COM   2010-04-27 2014-07-08
MARTIN MARIETTA MATLS INC COM   2010-04-16 2014-07-08
EATON VANCE CORP COM NON VTG   2011-08-11 2014-06-25
EATON VANCE CORP COM NON VTG   2011-03-23 2014-06-25
EATON VANCE CORP COM NON VTG   2011-03-22 2014-06-25
EATON VANCE CORP COM NON VTG   2010-04-27 2014-06-25
EATON VANCE CORP COM NON VTG   2008-11-26 2014-06-25
EATON VANCE CORP COM NON VTG   2008-11-21 2014-06-25
DECKERS OUTDOOR CORP COM   2013-09-11 2014-06-25
ALBEMARLE CORP   2008-12-02 2014-06-25
ALBEMARLE CORP   2008-11-26 2014-06-25
ALBEMARLE CORP   2008-11-21 2014-06-25
TREDEGAR CORP RTS EXP 03/03/14   2014-03-17 2014-03-17
CABELAS INC COM CL A   2009-06-17 2014-03-10
400 CAPITAL CREDIT OPPORTUNITIES FUND LP     2014-12-31
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTNERSHIP     2014-07-15
ENBRIDGE ENERGY PARTNERS L P     2014-12-31
KKR & CO. L.P.     2014-12-31
KKR & CO. L.P.     2014-12-31
(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 100,000   100,000 0
b 100,000   100,000 0
c 100,000   100,000 0
d 100,000   100,000 0
e 100,000   100,000 0
9,071   13,789 -4,718
15,131   22,030 -6,899
9,301   9,747 -446
9,600   10,356 -756
7,800   6,960 840
5,647   2,660 2,987
3,738   3,213 525
9,346   6,949 2,397
8,747   21,133 -12,386
5,182   15,082 -9,900
6,161   19,353 -13,192
32,523   33,728 -1,205
17,034   13,377 3,657
19,487   15,085 4,402
5,311   3,164 2,147
13,832   8,020 5,812
4,570   2,741 1,829
4,895   4,567 328
8,215   4,825 3,390
11,648   6,057 5,591
5,233   2,670 2,563
6,317   7,119 -802
20,735   23,966 -3,231
7,174   7,736 -562
17,102   19,255 -2,153
7,482   2,327 5,155
1,014   955 59
1,083   1,090 -7
9,323   7,723 1,600
13,819   11,352 2,467
7,615   5,887 1,728
13,412   9,958 3,454
11,270   8,342 2,928
15,180   8,241 6,939
4,831   4,472 359
10,276   7,102 3,174
8,742   5,056 3,686
383   176 207
7,610   6,017 1,593
7,025   4,597 2,428
7,210   7,131 79
5,408   5,512 -104
4,996   5,265 -269
7,686   7,961 -275
13,922   13,583 339
16,291   15,314 977
6,372   3,996 2,376
15,930   9,957 5,973
7,373   6,081 1,292
11,000   8,254 2,746
6,615   7,235 -620
4,015   2,809 1,206
11,314   6,919 4,395
7,576   4,613 2,963
383   272 111
14,173   10,007 4,166
6,089   5,733 356
7,228   7,369 -141
83   83 0
8,257   8,610 -353
11,025   5,553 5,472
907   702 205
11,110   6,483 4,627
2,608   1,592 1,016
567   333 234
840   558 282
6,381   4,391 1,990
5,887   5,075 812
16,688   10,716 5,972
4,300   2,898 1,402
5,854   3,474 2,380
18,036   9,704 8,332
3,030   3,019 11
11,715   10,601 1,114
336   356 -20
2,071   1,954 117
8   7 1
17   16 1
2,354   2,232 122
10,718   7,210 3,508
12,340     12,340
215   152 63
4,389   2,815 1,574
4,551   2,912 1,639
2,154   1,366 788
1,737   1,108 629
4,524   2,889 1,635
4,928   3,098 1,830
1,596   362 1,234
822   188 634
5,115   8,145 -3,030
8,426   6,765 1,661
1,517   1,389 128
1,455   1,204 251
6,579   5,030 1,549
3,037   1,829 1,208
1,898   1,425 473
11,387   8,171 3,216
1,136   710 426
6,059   4,991 1,068
3,825   3,147 678
1,627   1,489 138
1,021   412 609
8,898   2,883 6,015
3,136   2,228 908
782   202 580
3,980   1,039 2,941
568   135 433
9     9
3,422   554 2,868
      10,070
      247
      -740
      2,857
      37
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
b       0
c       0
d       0
e       0
      -4,718
      -6,899
      -446
      -756
      840
      2,987
      525
      2,397
      -12,386
      -9,900
      -13,192
      -1,205
      3,657
      4,402
      2,147
      5,812
      1,829
      328
      3,390
      5,591
      2,563
      -802
      -3,231
      -562
      -2,153
      5,155
      59
      -7
      1,600
      2,467
      1,728
      3,454
      2,928
      6,939
      359
      3,174
      3,686
      207
      1,593
      2,428
      79
      -104
      -269
      -275
      339
      977
      2,376
      5,973
      1,292
      2,746
      -620
      1,206
      4,395
      2,963
      111
      4,166
      356
      -141
      0
      -353
      5,472
      205
      4,627
      1,016
      234
      282
      1,990
      812
      5,972
      1,402
      2,380
      8,332
      11
      1,114
      -20
      117
      1
      1
      122
      3,508
      12,340
      63
      1,574
      1,639
      788
      629
      1,635
      1,830
      1,234
      634
      -3,030
      1,661
      128
      251
      1,549
      1,208
      473
      3,216
      426
      1,068
      678
      138
      609
      6,015
      908
      580
      2,941
      433
      9
      2,868
      10,070
      247
      -740
      2,857
      37
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 2 135,749
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 171,247 3,701,396 0.046266
2012 160,529 3,331,493 0.048185
2011 151,330 3,160,444 0.047883
2010 150,167 3,131,593 0.047952
2009 164,457 2,951,246 0.055725
2 Total of line 1, column (d) ...................... 2 0.246011
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 0.049202
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,924,525
5 Multiply line 4 by line 3....................... 5 193,094
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,823
7 Add lines 5 and 6......................... 7 194,917
8 Enter qualifying distributions from Part XII, line 4.............. 8 176,208
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 3,646
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 3,646
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,646
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 5,718
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,718
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 6
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 2,066
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,066 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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
     
    No
    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)
    bulletNJ
    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 .Click to see attachment
    8b
     
    No
    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 addressbulletN/A
    14
    The books are in care ofbulletDOUGLAS BOUSTEAD Telephone no.bullet (914) 762-1234
    Located atbulletPO BOX 186ADIRONDACKNY ZIP+4bullet128080186
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    DOUGLAS BOUSTEAD PRESIDENT
    1.00     		0 0 0
    PO BOX 186
    ADIRONDACK,NY128080186
    MICHAEL BOUSTEAD SECRETARY/TREASURER
    1.00     		0 0 0
    560 SHADY DELL ROAD
    YORK,PA17403
    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.........................bullet0
    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
    2,724,656
    b
    Average of monthly cash balances.......................
    1b
    407,988
    c
    Fair market value of all other assets (see instructions)................
    1c
    851,645
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,984,289
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,984,289
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    59,764
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,924,525
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    196,226
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    196,226
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    3,646
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
    3,625
    c
    Add lines 2a and 2b............................
    2c
    7,271
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    188,955
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    188,955
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    188,955
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    176,208
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    176,208
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    176,208
    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 7 188,955
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 161,495
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 176,208
    a Applied to 2013, but not more than line 2a 161,495
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 14,713
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		174,242
    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) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    EPILEPSY FOUNDATION
    8301 PROFESSIONAL PLACEEAST SUITE
    200
    LANDOVER,MD207852353     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 1,000
    NORTH COUNTRY SPCA
    23 LAKE SHORE RD
    WESTPORT,NY12993     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 20,000
    FRIENDS OF THE SCHROON LAKE LIBRARY
    PO BOX 253
    SCHROON LAKE,NY12870     		N/A TAX EXEMPT LIBRARY S UNRESTRICTED SUPPORT 4,000
    SCHROON LAKE VOLUNTEER FIRE DEPARTMENT
    PO BOX 456
    SCHROON LAKE,NY12870     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 20,000
    ALLEGHENY COLLEGE - ANNUAL FUND
    520 NORTH MAIN STREET
    MEADVILLE,PA16335     		N/A TAX EXEMPT COLLEGE UNRESTRICTED SUPPORT 20,000
    ALS ASSOCIATION
    PO BOX 6051
    ALBERT LEA,MN56007     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 500
    ADIRONDACK MARATHON INC
    PO BOX 583
    SCHROON LAKE,NY12870     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 1,000
    NORTHERN NEW YORK AUDUBON
    POBOX 741
    TUPPER LAKE,NY12986     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 1,000
    SPCA OF UPSTATE NEW YORK INC
    588 QUEENSBURY AVENUE
    QUEENSBURY,NY12804     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 5,000
    GUIDING EYES FOR THE BLIND
    611 GRANITE SPRINGS ROAD
    YORKTOWN HEIGHTS,NY10598     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 3,000
    SOCCER ELITE CLUB INC
    4 WEST RED OAK LANE - SUITE 302
    WHITE PLAINS,NY10604     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 5,000
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON ROAD
    BETHESDA,MD20814     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 3,000
    VISION CENTER CHLA
    4650 SUNSET BLVD
    LOS ANGELES,CA90027     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 1,000
    THE NASCAR FOUNDATION
    301 SOUTH TRYON STREET - SUITE 1710
    CHARLOTTE,NC28202     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 2,000
    ALICE CURTIS DESMOND AND HAMILTON FISH LIBRARY
    PO BOX 265
    GARRISON,NY10524     		N/A TAX EXEMPT LIBRARY UNRESTRICTED SUPPORT 2,000
    YORK COLLEGE OF PENNSYLVANIA
    441 COUNTRY CLUB ROAD
    YORK,PA17403     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 12,500
    LUTHERAN SOCIAL SERVICES OF SOUTH CENTRAL PA
    1050 PENNSYLVANIA AVENUE
    YORK,PA17401     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 30,000
    ST MATTHEWS LUTHERAN EVANGELICAL CHURCH
    839 WEST MARKET ST
    YORK,PA17404     		N/A TAX EXEMPT CHURCH UNRESTRICTED SUPPORT 25,000
    MESSIAH COLLEGE
    ONE COLLEGE AVENUE
    MECHANICSBURG,PA17055     		N/A TAX EXEMPT COLLEGE UNRESTRICTED SUPPORT 7,500
    YORK COUNTY BAR FOUNDATION
    137 EAST MARKET STREET
    YORK,PA17401     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 10,000
    ST MATTHEWS LUTHERAN EVANGELICAL CHURCH
    839 WEST MARKET ST
    YORK,PA17404     		N/A TAX EXEMPT CHURCH UNRESTRICTED SUPPORT 1,250
    CAPE MAY BIRD OBSERVATORY
    PO BOX 3
    CAPE MAY POINT,NJ08212     		N/A TAX EXEMPT CHARITY UNRESTRICTED SUPPORT 1,250
    Total .................................bullet 3a 176,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 103,306  
    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.....     14 3,266  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 135,749  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a400 CAPITAL CREDIT K-1 523000 25,167      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 25,167 242,321 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13267,488
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 ExplnOfNonFilingWithAGStmt
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Statement:
    THE STATE OF NEW JERSEY DOES NOT REQUIRE A COPY OF THE 990-PF BE FILED WITH THE ATTORNEY GENERAL'S OFFICE FOR THIS FOUNDATION, AS IT RECEIVES NO PUBLIC SUPPORT.

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Name of Stock End of Year Book Value End of Year Fair Market Value
    TEMPLETON GLOBAL BOND FUND 70,064 70,064
    SPDR S&P 500ETF 20,554 20,554
    SPDR S&P 500ETF 20,554 20,554
    SPDR S&P 500ETF 41,108 41,108
    SPDR S&P MIDCAP 400ETF 26,397 26,397
    SPDR S&P MIDCAP 400ETF 26,397 26,397
    MONTPELIER RE HOLDINGS 10,782 10,782
    MONTPELIER RE HOLDINGS 1,648 1,648
    MONTPELIER RE HOLDINGS 8,203 8,203
    MONTPELIER RE HOLDINGS 5,946 5,946
    WHITE MOUNTAINS INSURANCE GROUP 17,013 17,013
    WHITE MOUNTAINS INSURANCE GROUP 1,260 1,260
    WHITE MOUNTAINS INSURANCE GROUP 1,890 1,890
    WHITE MOUNTAINS INSURANCE GROUP 1,260 1,260
    WHITE MOUNTAINS INSURANCE GROUP 1,890 1,890
    ADVENT SOFTWARE INC. 797 797
    ADVENT SOFTWARE INC. 1,900 1,900
    ADVENT SOFTWARE INC. 1,716 1,716
    ADVENT SOFTWARE INC. 6,618 6,618
    ADVENT SOFTWARE INC. 3,554 3,554
    ALBEMARLE CORP. 3,668 3,668
    ALBEMARLE CORP. 4,871 4,871
    ALBEMARLE CORP. 841 841
    ALBEMARLE CORP. 3,788 3,788
    ALBEMARLE CORP. 17,197 17,197
    ALBEMARLE CORP. 3,067 3,067
    ALBEMARLE CORP. 3,187 3,187
    ALEXANDER & BALDWIN INC. 6,164 6,164
    ALEXANDER & BALDWIN INC. 1,963 1,963
    ALEXANDER & BALDWIN INC. 824 824
    ALEXANDER & BALDWIN INC. 2,984 2,984
    ALEXANDER & BALDWIN INC. 4,554 4,554
    ALEXANDER & BALDWIN INC. 3,769 3,769
    ALEXANDER & BALDWIN INC. 3,612 3,612
    ALLIANT TECHSYSTEMS INC. 4,069 4,069
    ALLIANT TECHSYSTEMS INC. 4,883 4,883
    ALLIANT TECHSYSTEMS INC. 4,185 4,185
    ALLIANT TECHSYSTEMS INC. 12,323 12,323
    AMERICAN EAGLE OUTFITTERS 7,454 7,454
    AMERICAN EAGLE OUTFITTERS 3,414 3,414
    ATWOOD OCEANICS INC. 6,723 6,723
    ATWOOD OCEANICS INC. 993 993
    ATWOOD OCEANICS INC. 1,050 1,050
    ATWOOD OCEANICS INC. 7,632 7,632
    ATWOOD OCEANICS INC. 766 766
    ATWOOD OCEANICS INC. 567 567
    ATWOOD OCEANICS INC. 3,631 3,631
    CABELAS INC. 4,059 4,059
    CABELAS INC. 4,428 4,428
    CABELAS INC. 264 264
    CABELAS INC. 4,480 4,480
    CABELAS INC. 791 791
    CABELAS INC. 2,899 2,899
    CABELAS INC. 25,670 25,670
    CORRECTIONS CORP. 11,447 11,447
    CORRECTIONS CORP. 1,853 1,853
    CORRECTIONS CORP. 7,195 7,195
    CORRECTIONS CORP. 7,159 7,159
    CORRECTIONS CORP. 3,053 3,053
    CORRECTIONS CORP. 5,233 5,233
    DANA HLDG CORP. 28,219 28,219
    DECKERS OUTDOOR CORP 9,741 9,741
    DECKERS OUTDOOR CORP 26,220 26,220
    EATON VANCE CORP. 11,501 11,501
    EATON VANCE CORP. 12,197 12,197
    EXELIS INC COM 15,812 15,812
    EXELIS INC COM 15,689 15,689
    KAMAN CORP. 882 882
    KAMAN CORP. 481 481
    KAMAN CORP. 2,245 2,245
    KAMAN CORP. 11,025 11,025
    MBIA INC. 10,628 10,628
    MBIA INC. 3,969 3,969
    MBIA INC. 2,528 2,528
    MRC GLOBAL INC. 12,438 12,438
    MATSON INC. 621 621
    MATSON INC. 4,004 4,004
    MATSON INC. 3,314 3,314
    MATSON INC. 3,176 3,176
    MATSON INC. 4,073 4,073
    MATSON INC. 4,211 4,211
    MATSON INC. 2,175 2,175
    MICREL INC. 2,382 2,382
    NEWMARKET CORP. 8,071 8,071
    NEWMARKET CORP. 10,492 10,492
    NEWMARKET CORP. 26,633 26,633
    NEWMARKET CORP. 22,598 22,598
    NEWMARKET CORP. 18,159 18,159
    OLD DOMINION FREIGHT LINE INC. 10,831 10,831
    OLD DOMINION FREIGHT LINE INC. 20,439 20,439
    OLD DOMINION FREIGHT LINE INC. 28,474 28,474
    OLD DOMINION FREIGHT LINE INC. 14,325 14,325
    OLIN CORP. 30,626 30,626
    ORBITAL SCIENCES CORP 23,099 23,099
    PRICESMART INC. 19,247 19,247
    PRICESMART INC. 5,838 5,838
    PRICESMART INC. 7,936 7,936
    PRICESMART INC. 8,210 8,210
    RICHIE BROS AUCTIONEERS INC. 2,313 2,313
    RICHIE BROS AUCTIONEERS INC. 3,738 3,738
    RICHIE BROS AUCTIONEERS INC. 3,657 3,657
    RICHIE BROS AUCTIONEERS INC. 3,576 3,576
    SERVICE CORP. INTERNATIONAL 22,223 22,223
    SERVICE CORP. INTERNATIONAL 1,884 1,884
    SERVICE CORP. INTERNATIONAL 11,237 11,237
    SERVICE CORP. INTERNATIONAL 6,560 6,560
    SERVICE CORP. INTERNATIONAL 1,135 1,135
    STURM RUGER & CO. INC. 8,311 8,311
    STURM RUGER & CO. INC. 5,368 5,368
    STURM RUGER & CO. INC. 623 623
    STURM RUGER & CO. INC. 589 589
    TEJON RANCH CO. 6,776 6,776
    TEJON RANCH CO. 825 825
    TEJON RANCH CO. 3,093 3,093
    TEJON RANCH CO. 1,915 1,915
    TEJON RANCH CO. 1,327 1,327
    TEMPUR SEALY INTERNATIONAL INC. 11,861 11,861
    TEMPUR SEALY INTERNATIONAL INC. 23,666 23,666
    TENET HEALTHCARE CORP. 10,515 10,515
    TENET HEALTHCARE CORP. 5,182 5,182
    TENET HEALTHCARE CORP. 3,585 3,585
    TENET HEALTHCARE CORP. 204 204
    TENET HEALTHCARE CORP. 7,119 7,119
    TENET HEALTHCARE CORP. 596 596
    TENET HEALTHCARE CORP. 5,016 5,016
    TENET HEALTHCARE CORP. 4,826 4,826
    TREDEGAR CORP. 5,376 5,376
    TREDEGAR CORP. 833 833
    TREDEGAR CORP. 10,818 10,818
    TREDEGAR CORP. 3,644 3,644
    WORLD FUEL SYSTEMS SERVICES CORP. 3,708 3,708
    WORLD FUEL SYSTEMS SERVICES CORP. 11,405 11,405
    FIRST INDUSTRIAL REALTY TRUST 3,845 3,845
    FIRST INDUSTRIAL REALTY TRUST 6,045 6,045
    FIRST INDUSTRIAL REALTY TRUST 4,133 4,133
    FIRST INDUSTRIAL REALTY TRUST 9,787 9,787
    FIRST INDUSTRIAL REALTY TRUST 13,323 13,323
    TEJON RANCH CO. WARRANTS 63 63
    TEJON RANCH CO. WARRANTS 9 9
    TEJON RANCH CO. WARRANTS 29 29
    TEJON RANCH CO. WARRANTS 13 13
    TEJON RANCH CO. WARRANTS 17 17
    ACTAVIS PLC SHS 17,246 17,246
    DELPHI AUTOMOTIVE PLC SHS 30,688 30,688
    INVESCO LTD. 9,327 9,327
    INVESCO LTD. 10,947 10,947
    INVESCO LTD. 22,250 22,250
    INVESCO LTD. 1,897 1,897
    NIELSEN HOLDINGS B V 11,714 11,714
    NIELSEN HOLDINGS B V 5,544 5,544
    NIELSEN HOLDINGS B V 6,751 6,751
    NIELSEN HOLDINGS B V 11,133 11,133
    TEEKAY CORP. 13,486 13,486
    TEEKAY CORP. 11,501 11,501
    TEEKAY CORP. 9,720 9,720
    ACTIVISION BLIZZARD INC COM 26,880 26,880
    BLACKROCK INC. 14,660 14,660
    BLACKROCK INC. 6,079 6,079
    BLACKROCK INC. 6,079 6,079
    BORGWARNER INC. 1,703 1,703
    BORGWARNER INC. 18,353 18,353
    BORGWARNER INC. 5,660 5,660
    BORGWARNER INC. 9,506 9,506
    CALPINE 23,214 23,214
    CALPINE 9,272 9,272
    CALPINE 7,104 7,104
    COOPER COS INC COM NEW 12,643 12,643
    COOPER COS INC COM NEW 16,371 16,371
    DUNKIN BRANDS GROUP INC COM 18,126 18,126
    ENBRIDGE ENERGY PARTNERS LP 27,252 27,252
    ENBRIDGE ENERGY PARTNERS LP 6,943 6,943
    GOOGLE INC CL C 14,739 14,739
    GOOGLE INC CL C 15,266 15,266
    IHS INC. 19,357 19,357
    IHS INC. 6,491 6,491
    IHS INC. 6,377 6,377
    INTUIT INC. 2,120 2,120
    INTUIT INC. 17,055 17,055
    INTUIT INC. 9,588 9,588
    ITC HOLDINGS INC. 16,617 16,617
    ITC HOLDINGS INC. 4,973 4,973
    ITC HOLDINGS INC. 9,946 9,946
    KKR & CO L P DEL COM 27,086 27,086
    KKR & CO L P DEL COM 9,864 9,864
    MARKWEST ENERGY PARTNERS LP 1,142 1,142
    MARKWEST ENERGY PARTNERS LP 7,660 7,660
    MARKWEST ENERGY PARTNERS LP 13,304 13,304
    MARKWEST ENERGY PARTNERS LP 14,177 14,177
    NORDSON CORP 9,979 9,979
    NORDSON CORP 9,043 9,043
    NORDSON CORP 9,277 9,277
    SANDISK CORP 18,322 18,322
    TEVA PHARMACEUTICAL 18,058 18,058
    TEVA PHARMACEUTICAL 13,112 13,112
    TRIBUNE MEDIA CO CL A 13,209 13,209
    TRIBUNE MEDIA CO CL A 12,373 12,373
    UNITED RENTALS 15,915 15,915
    UNITED RENTALS 16,220 16,220
    VERISK ANALYTICS INC. 11,593 11,593
    VERISK ANALYTICS INC. 13,195 13,195
    VERISK ANALYTICS INC. 3,716 3,716
    VERISK ANALYTICS INC. 6,278 6,278
    VISA INC COM 24,909 24,909
    VISA INC COM 9,439 9,439
    AMERICAN TOWER REIT 20,462 20,462
    AMERICAN TOWER REIT 5,635 5,635
    AMERICAN TOWER REIT 6,723 6,723
    AMERICAN TOWER REIT 6,031 6,031
    AMERICAN TOWER REIT 9,490 9,490
    ASSURED GUARANTY LTD COM 19,596 19,596
    ASSURED GUARANTY LTD COM 5,120 5,120
    BJS RESTAURANTS INC COM 43,281 43,281
    BJS RESTAURANTS INC COM 11,498 11,498
    BRAVO BRIO RESTAURANT GROUP INC 10,279 10,279
    BRAVO BRIO RESTAURANT GROUP INC 2,754 2,754
    CME GROUP INC COM 20,035 20,035
    CME GROUP INC COM 5,408 5,408
    CVS HEALTH CORP COM 23,885 23,885
    CVS HEALTH CORP COM 6,453 6,453
    CALPINE CORP COM NEW 23,900 23,900
    CALPINE CORP COM NEW 2,124 2,124
    CALPINE CORP COM NEW 7,546 7,546
    COMCAST CORP NEW CL A SPL 12,319 12,319
    COMCAST CORP NEW CL A SPL 3,339 3,339
    CONSOL ENERGY INC COM 15,822 15,822
    CONSOL ENERGY INC COM 4,090 4,090
    CUSTOMERS BANCORP INC COM 18,160 18,160
    CUSTOMERS BANCORP INC COM 5,094 5,094
    DINEEQUITY INC COM 17,618 17,618
    DINEEQUITY INC COM 4,663 4,663
    DINEEQUITY INC COM 6,010 6,010
    DINEEQUITY INC COM 10,052 10,052
    JOHNSON & JOHNSON COM 20,286 20,286
    JOHNSON & JOHNSON COM 5,228 5,228
    MOTOROLA SOLUTIONS INC COM NEW 17,641 17,641
    MOTOROLA SOLUTIONS INC COM NEW 4,762 4,762
    NRG YIELD INC COM CL A 14,000 14,000
    NRG YIELD INC COM CL A 3,770 3,770
    NEXTERA ENERGY INC COM 15,198 15,198
    ONEOK INC NEW COM 14,238 14,238
    ONEOK INC NEW COM 3,783 3,783
    SALEM COMMUNICATIONS CORP DEL CL A 15,818 15,818
    SALEM COMMUNICATIONS CORP DEL CL A 2,634 2,634
    SALEM COMMUNICATIONS CORP DEL CL A 4,942 4,942
    SALEM COMMUNICATIONS CORP DEL CL A 6,365 6,365
    STATE STR CORP COM 18,996 18,996
    STATE STR CORP COM 4,946 4,946
    US BANCORP DEL COM 19,732 19,732
    US BANCORP DEL COM 5,350 5,350
    VALEANT PHARMACEUTICALS INTL 13,022 13,022
    VALEANT PHARMACEUTICALS INTL 3,435 3,435
    WELLS FARGO & CO NEW COM 21,434 21,434
    WELLS FARGO & CO NEW COM 5,701 5,701

    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    400 CAPITAL LP FMV 851,645 851,645

    TY 2014 OtherDecreasesSchedule
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 416 208   208
    OTHER DEDUCTIONS FROM PASS THROUGH ENTITIES 7,416 7,349   0


    TY 2014 OtherIncomeSchedule2
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME FROM PASS THROUGH ENTITIES 3,266 2,516 3,266
    400 CAPITAL CREDIT K-1 25,167   25,167


    TY 2014 OtherIncreasesSchedule
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Description Amount
       
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CREDIT SUISSE MANAGEMENT FEES 35,380 35,380   0
    400 CAPITAL CREDIT OPPORTUNITIES FUND LP 13,094 13,094   0


    TY 2014 TaxesSchedule
    Name:
    THE BOUSTEAD FAMILY FOUNDATION INC
    EIN: 52-2097838
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 16,429 0   0
    FOREIGN TAXES 207 207   0