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. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 10-01-2013 , and ending 09-30-2014
Name of foundation
WHITEHALL FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)POST OFFICE BOX 3423   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33480
A Employer identification number

13-5637595
B Telephone number (see instructions)

(561) 655-4474
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$116,650,653J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 822,626 822,626  
4 Dividends and interest from securities...... 2,968,943 2,968,943  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 16,020,041
b Gross sales price for all assets on line 6a 63,703,846
7 Capital gain net income (from Part IV, line 2)... 16,020,041
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 3,760 3,760  
12 Total. Add lines 1 through 11........ 19,815,370 19,815,370  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 165,000 123,750   41,250
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 14,898 11,174   3,725
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 92,608 23,152   69,456
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 205,624 202,848   2,777
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 45,110 0   45,110
21 Travel, conferences, and meetings....... 19,837 0   19,837
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 92,950 7,238   85,713
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 636,027 368,162   267,868
25 Contributions, gifts, grants paid........ 5,511,466 5,511,466
26 Total expenses and disbursements. Add lines 24 and 25 6,147,493 368,162   5,779,334
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 13,667,877
b Net investment income (if negative, enter -0-) 19,447,208
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 7,661,886 6,243,263 6,243,263
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) 12,487,331 Click to see attachment12,240,126 12,116,943
b Investments—corporate stock (attach schedule)........ 43,684,788 Click to see attachment55,629,363 76,951,138
c Investments—corporate bonds (attach schedule)........ 17,297,609 Click to see attachment20,800,815 21,339,309
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 attachment9,988 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 81,141,602 94,913,567 116,650,653
Liabilities 17 Accounts payable and accrued expenses.......... 238 257
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) Click to see attachment0 Click to see attachment104,069
23 Total liabilities (add lines 17 through 22).......... 238 104,326
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......... 84,534,514 98,202,391
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -3,393,150 -3,393,150
30 Total net assets or fund balances (see page 17 of the
instructions).................... 81,141,364 94,809,241
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 81,141,602 94,913,567
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 81,141,364
2 Enter amount from Part I, line 27a..................... 2 13,667,877
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 94,809,241
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 94,809,241
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 2000 SHARES WALT DISNET CO P   2014-02-19
b 10000 SHARES GENERAL ELECTRIC CO P   2014-06-13
c 7000 MCDONALDS CORP P   2014-08-26
d 7500000 US TREASURY SECURITY P   2014-08-13
e 20000 ISHARES IBOXX CORP BOND FUND P   2014-09-03
238533 COLUMBIA FDS SER P   2004-09-18
7000 PHILLIP MORRIS INTERNATIONAL P   2014-08-27
25000 INTEL CORP P   2014-09-03
15000 TARGET CORP P   2014-09-03
18000 KIMBERLY-CLARK CORP P   2014-09-23
11500 CONAGRA FOODS INC P   2014-09-23
10000 E I DU PONT DE NEMOURS P   2014-09-23
45000 CISCO SYSTEMS INC P   2014-09-24
15000 PHILIP MORRIS INTERNATIONAL P   2014-09-24
1200 BED BATH AND BEYOND P   2014-09-24
3000 RAYTHEON CO P   2014-02-24
3000 WALT DISNEY CO P   2014-06-13
U.S. TREAS JP MORGAN SECURITIES P   2014-08-13
ISHARES S&P PREF STK INDEX P   2014-08-13
UTILITIES SELECT SECTOR SPDR P   2014-08-13
VANGUARD UTILITIES ETF P   2014-08-13
WESTERN ASSET CORE PLUS BOND FUND P   2014-08-22
ISHARES CORE U.S. AGGREGATE P   2014-08-22
ISHARES IBOXX INVESTMENT GRADE CORP BOND P   2014-08-22
JP MORGAN CHASE & CO P   2014-08-22
BANK OF MONTREAL P   2014-08-14
GENERAL ELECTRIC P   2014-08-14
WALMART STORE INC P   2014-08-14
WASTE MANAGEMENT P   2014-08-14
ROYAL DUTCH SHELL PLC ADR P   2014-08-14
CATERPILLAR INC P   2014-08-21
INTEL CORP P   2014-08-21
WALMART STORE INC P   2014-08-27
AT&T INC P   2014-08-26
DEERE & CO P   2014-08-26
GENERAL ELECTRIC P   2014-08-26
MCDONALS CORP P   2014-08-26
PFIZER INC P   2014-08-26
WALMART STORES INC P   2014-08-26
MICROSOFT CORP P   2014-08-14
TARGET CORP P   2014-08-26
(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 158,418   48,557 109,861
b 271,322   11,753 259,569
c 659,280   404,832 254,448
d 8,116,500   7,487,721 628,779
e 2,394,147   2,126,299 267,848
2,416,338   2,500,382 -84,044
597,736   285,830 311,906
862,761   481,250 381,511
905,468   412,050 493,418
1,917,478   1,009,841 907,637
380,959   280,229 100,730
711,108   399,400 311,708
1,124,075   1,108,952 15,123
1,265,291   566,051 699,240
79,862   76,835 3,027
295,525   86,050 209,475
252,959   72,835 180,124
7,131,500   4,999,609 2,131,891
2,572,743   2,547,436 25,307
1,447,568   1,028,400 419,168
1,535,259   1,064,400 470,859
5,538,500   5,023,080 515,420
2,738,330   2,473,016 265,314
2,994,239   2,691,914 302,325
1,171,097   786,930 384,167
1,323,777   1,021,271 302,506
1,161,690   101,114 1,060,576
743,376   508,600 234,776
2,060,738   1,274,258 786,480
1,247,927   965,205 282,722
1,079,709   193,368 886,341
877,933   493,500 384,433
378,554   244,617 133,937
1,036,477   1,120,326 -83,849
1,274,304   1,013,418 260,886
916,629   398,466 518,163
1,132,895   657,905 474,990
1,580,465   935,037 645,428
379,142   244,617 134,525
60,906   34,128 26,778
910,861   504,323 406,538
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       109,861
b       259,569
c       254,448
d       628,779
e       267,848
      -84,044
      311,906
      381,511
      493,418
      907,637
      100,730
      311,708
      15,123
      699,240
      3,027
      209,475
      180,124
      2,131,891
      25,307
      419,168
      470,859
      515,420
      265,314
      302,325
      384,167
      302,506
      1,060,576
      234,776
      786,480
      282,722
      886,341
      384,433
      133,937
      -83,849
      260,886
      518,163
      474,990
      645,428
      134,525
      26,778
      406,538
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 16,020,041
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 page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 5,246,636 108,489,932 0.048361
2011 4,839,791 102,883,886 0.047041
2010 4,736,020 98,609,258 0.048028
2009 4,416,605 92,426,013 0.047785
2008 4,093,068 84,366,665 0.048515
2 Total of line 1, column (d) ...................... 2 0.239730
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 0.047946
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 114,887,812
5 Multiply line 4 by line 3....................... 5 5,508,411
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 194,472
7 Add lines 5 and 6......................... 7 5,702,883
8 Enter qualifying distributions from Part XII, line 4.............. 8 5,779,334
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 194,472
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............................ 3 194,472
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- ..... 5 194,472
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 91,600
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 91,600
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 9 102,872
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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
 
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)
    bulletNJ, FL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.WHITEHALL.ORG
    14
    The books are in care ofbulletGEORGE MOFFETT Telephone no.bullet (561) 655-4474
    Located atbulletPO BOX 3423PALM BEACHFL ZIP+4bullet33480
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........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 (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    GEORGE M MOFFETT II PRESIDENT/TREASURER
    40.00     		165,000 7,500 0
    PO BOX 3423
    PALM BEACH,FL33480
    J WRIGHT RUMBOUGH VICE PRESIDENT/TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    CATHERINE M THOMAS CORPORATE SECRETARY/ASST.
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    MR KENNETH S BEALL JR ESQ TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    JAMES R LOWELL III TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    MR E ANTHONY NEWTON TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    DEBORAH S GIBBONS-NEFF TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    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 NONE 0
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE 0
    2  
    All other program-related investments. See page 24 of the 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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    5,744,391
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    194,472
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    194,472
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,549,919
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,549,919
    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
    5,549,919
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 5,549,919
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 144,370
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 5,779,334
    a Applied to 2012, but not more than line 2a 144,370
    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 2013 distributable amount..... 5,549,919
    e Remaining amount distributed out of corpus 85,045
    5 Excess distributions carryover applied to 2013. 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 85,045
    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 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		85,045
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013.... 85,045
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    GEORGE MOFFETT
    P O BOX 3423
    PALM BEACH,FL33480
    (561) 655-4474
    bThe form in which applications should be submitted and information and materials they should include:
    TWO PAGE SUMMARY OUTLINING THE STUDY
    cAny submission deadlines:
    DECEMBER 1, MARCH 1, AND SEPTEMBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FOR BASIC BIOLOGICAL RESEARCH, AGRI-BUSINESS STUDIES AND NEUROBIOLOGY
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ANIMAL LOVERS LEAGUE
    40 SHORE ROAD
    GLEN COVE,NY11542     		NONE 501(C)(3) GENERAL PURPOSE 3,000
    BLUE HILL MEMORIAL HOSPITAL
    PO BOX 1029
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    BLUE HILL PUBLIC LIBARY
    5 PARKER POINT ROAD
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    BROWN LEDGE CAMP
    25 WILSON STREET
    BURLINGTON,VT05401     		NONE 501(C)(3) GENERAL PURPOSE 500
    CAPE ELEUTHERA MARINE CONSERVATION
    PO BOX 6008
    LAWRENCEVILLE,NJ08648     		NONE 501(C)(3) GENERAL PURPOSE 4,500
    CASE WESTERN RESERVE UNIVERSITY
    10900 EUCLID AVENUE
    CLEVELAND,OH44106     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    CHILDREN'S HOSPITAL BOSTON
    300 LONGWOOD AVE
    BOSTON,MA02215     		NONE 501(C)(3) BIOLOGICAL RESEARCH 15,000
    CHILDREN'S NATIONAL MEDICAL CENTER
    111 MICHIGAN AVENUE NW
    WASHINGTON,DC20010     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    CITY UNIVERSITY OF NEW YORK FLUSHING
    65-30 KISSENA BLVD
    QUEENS,NY11367     		NONE 501(C)(3) BIOLOGICAL RESEARCH 20,000
    COLD SPRING HARBOUR LABORATORY
    PO BOX 100 ONE BUNGTOWN ROAD
    COLD SPRING HARBOR,NY11724     		NONE 501(C)(3) GENERAL PURPOSE 75,000
    COLD SPRING HARBOUR LABORATORY
    PO BOX 100 ONE BUNGTOWN ROAD
    COLD SPRING HARBOR,NY11724     		NONE 501(C)(3) BIOLOGICAL RESEARCH 1,000
    COMMUNITY FOUNDATION FOR PALM BEACH
    700 S DIXIE HIGHWAY
    WEST PALM,FL33401     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    CONNECTICUT COLLEGE
    270 MOHEGAN AVE
    NEW LONDON,CT06320     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    CONVENT OF THE VISITATION SCHOOL
    2455 VISITATION DR
    MENDOTA HEIGHTS,MN55120     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    CORINTHIAN SAILING FOUNDATION
    1 NAHANT STREET
    MARBLEHEAD,MA01945     		NONE 501(C)(3) GENERAL PURPOSE 3,000
    CORNELL UNIVERSITY
    BURKE-CORNELL MEDICAL RESEARCH
    WHITE PLANS,NY10605     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    DARTMOUTH COLLEGE HANOVER
    7 LEBANON STREET SUITE 302 NO 6015
    HANOVER,NH03755     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    DENISON UNIVERSITY
    PO BOX 810
    GRANVILLE,OH43023     		NONE 501(C)(3) GENERAL PURPOSE 2,500
    DUKE UNIVERSITY
    2200 W MAIN STREET
    DURHAM,NC27705     		NONE 501(C)(3) BIOLOGICAL RESEARCH 225,000
    FLAGLER MUSEUM
    ONE WHITEHALL WAY
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    FRIENDS OF BOSTON UNIVERSITY TERRIER HOCKEY
    AGGANIS ARENA 925 COMMONWEALTH AVE
    BOSTON,MA02215     		NONE 501(C)(3) GENERAL PURPOSE 500
    FRIENDS OF DANA FARBER CANCER INSTITUTE
    450 BROOKLINE AVENUE
    BOSTON,MA02215     		NONE 501(C)(3) GENERAL PURPOSE 1,500
    GEORGE STEVENS ACADEMY
    23 UNION STREET
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    GEORGE WASHINGTON UNIVERSITY
    TAX DEPT 45155 RESEARCH PLACE
    ASHBURN,VA20147     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    GLENWOOD VOLUNTEER FIRE DEPARTMENT
    SCHOOL HOUSE ROAD PO BOX 388
    GLENWOOD LANDING,NY11547     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    GREEN MOUNTAIN HORSE ASSOCIATION
    PO BOX 8
    SOUTH WOODSTOCK,VT05071     		NONE 501(C)(3) GENERAL PURPOSE 500
    GULF STREAM COUNCIL BOY SCOUTS OF AMERICA
    8335 NORTH MILITARY TRAIL
    PALM BEACH GARDENS,FL33410     		NONE 501(C)(3) GENERAL PURPOSE 500
    HARVARD COLLEGE FUND CLASS OF 1958
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		NONE 501(C)(3) GENERAL PURPOSE 500
    HARVARD UNIVERSITY
    PO BOX 414413
    BOSTON,MA02241     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    HOSPICE FOUNDATION OF PALM BEACH COUNTY
    5300 EAST AVENUE
    WEST PALM BEACH,FL33407     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    INDEPENDENCE SEAPORT MUSEUM
    211 SOUTH COLUMBUS BLVD WALNUT
    STREET
    PHILADELPHIA,PA19106     		NONE 501(C)(3) GENERAL PURPOSE 6,000
    INTERNATIONAL GAME FISH ASSOCIATION
    300 GULF STREAM WAY
    DANIA BEACH,FL33004     		NONE 501(C)(3) GENERAL PURPOSE 500
    JOHNS HOPKINS UNIVERSITY
    733 NORTH BROADWAY
    BALTIMORE,MD21205     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    KEENE VALLEY HOSE AND LADDER CO
    PO BOX 699
    KEENE VALLEY,NY12943     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    KENT STATE UNIVERSITY
    PO BOX 5190
    KENT,OH44242     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    KNEISEL HALL
    PO BOX 648
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    LAKE FOREST COLLEGE
    OFFICE OF ALUMNI AND DEVELOPMENT
    555 NORTH SHERIDAN ROAD
    LAKE FOREST,IL60045     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    MARINE CORPS SCHOLARSHIP FOUNDATION
    121 SOUTH ST ASAPH
    ALEXANDRIA,VA22314     		NONE 501(C)(3) GENERAL PURPOSE 5,000
    MARTIN COUNTY HIGH SCHOOL
    2801 SOUTH KANNER HIGHWAY
    STUART,FL34994     		NONE 501(C)(3) GENERAL PURPOSE 500
    MARY E BARTLETT LIBRARY
    ATTN MS MARILYN MOREHEAD 22 DALTON
    ROAD
    BRENTWOOD,NH03833     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    MASSACHUSETTS INTITUTE OF TECHNOLOGY
    NE 18-901
    CAMBRIDGE,MA02139     		NONE 501(C)(3) BIOLOGICAL RESEARCH 240,000
    MAYO COLLEGE OF MEDICINE
    200 FIRST STREET SW
    ROCHESTER,MN55905     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MICHIGAN STATE UNIVERSITY
    2727 ALLIANCE DRIVE
    LANSING,MI48910     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MIDDLEBURY COLLEGE
    ATTN GIFT ADMINISTRATION 5370
    MIDDLEBURY COLLEGE 5 COURT STREET
    MIDDLEBURY,VT05753     		NONE 501(C)(3) GENERAL PURPOSE 500
    MIDDLESEX SCHOOL
    1400 LOWELL ROAD
    CONCORD,MA01742     		NONE 501(C)(3) GENERAL PURPOSE 3,000
    MISS PORTERS SCHOOL
    GIFTS ADMINISTRATOR 60 MAIN
    FARMINGTON,CT06032     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    MONTANA STATE UNIVERSITY
    309 MONTANA HALL
    BOSEMAN,MT59717     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    MOUNT SINAI SCHOOL OF MEDICINE
    3 EAST 101ST STREET
    NEW YORK,NY10029     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    NEW YORK UNIVERSITY
    SCHOOL OF MEDICINE
    NEW YORK,NY10016     		NONE 501(C)(3) BIOLOGICAL RESEARCH 300,000
    NORTH SHORE LAND ALLIANCE INC
    ATTN DIRECTOR 151 POST ROAD
    OLD WESTBURY,NY11568     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    NORTHEASTERN UNIVERSITY
    360 HUNTINGTON AVE
    BOSTON,MA02215     		NONE 501(C)(3) BIOLOGICAL RESEARCH 28,500
    NORTHWESTERN UNIVERSITY CHICAGO
    2300 CHILDRENS PLAZA 205
    CHICAGO,IL60614     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    NORTHWESTERN UNIVERSITY EVANSTON
    633 CLARK STREET
    EVANSTON,IL60208     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    OREGON HEALTH SERVICES UNIVERSITY
    2525 SW 1ST AVENUE
    PORTLAND,OR97201     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    PALM BEACH CIVIC ASSOCIATION
    139 NORTH COUNTY ROAD
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    PALM BEACH DAY ACADEMY
    ATTN HEADMASTER 241 SEAVIEW AVENUE
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    PALM BEACH FIRE RESCUE
    300 NORTH COUNTY ROAD
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    PENINSULA AMBULANCE CORPS INC
    ATTN DIRECTOR PO BOX 834
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 4,500
    PILGRIM UNITED CHURCH OF CHRIST
    ATTN BETTY LOU ORCUTT 416 MIDDLE
    ROAD
    BRENTWOOD,NH03833     		NONE 501(C)(3) GENERAL PURPOSE 1,500
    PLANNED PARENTHOOD OF NASSAU COUNTY
    ATTN DIRECTOR 540 FULTON AVENUE
    HEMPSTEAD,NY11550     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    RUTGERS
    ASB III
    NEW BRUNSWICK,NJ08901     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    SAINT FRANCIS BY THE SEA EPISCOPAL CHURCH
    ATTN TREASURER PO BOX 76
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 3,500
    SALK INSTITUTE FOR BIOLOGICAL STUDIES
    10010 NORTH TORREY PINES ROAD
    LA JOLLA,CA92037     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    SCRIPPS RESEARCH INSTITUTE
    10550 NORTH TORREY PINES ROAD
    LA JOLLA,CA92037     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    SEACOAST FAMILY PROMISE
    ATTN PATTI FREW-WATERS NETWORK
    DIRECTOR PO BOX 233
    STRATHAM,NH03885     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    SITESALIVE FOUNDATION
    ATTN RICHARD WILSON PRESIDENT 8
    SKINNERS PATH
    MARBLEHEAD,MA01945     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    SPRINGSIDE SCHOOL
    ATTN HEADH OF SCHOOL 8000 CHEROKEE
    STREET
    PHILADELPHIA,PA19118     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    ST DAVIDS EPISCOPAL CHURCH
    763 SOUTH VALLEY FORGE ROAD
    WAYNE,PA19087     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    STANFORD UNIVERSITY
    326 GALVEZ STREET
    STANFORD,CA94305     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    THE CHURCH OF BETHESDA-BY-THE-SEA
    PO BOX 1057
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 500
    THE LAWNRENCEVILLE SCHOOL
    ATTN DEVELOPMENT DIRECTOR PO BOX
    6008
    LAWRENCEVILLE,NJ08648     		NONE 501(C)(3) GENERAL PURPOSE 3,000
    THE MARGAUX POWERS MEMORIAL
    THE TAFT SCHOOL ATTN CHRISTOPHER R
    110
    WATERTOWN,CT06795     		NONE 501(C)(3) GENERAL PURPOSE 4,000
    THE PILOT SCHOOL
    100 GARDEN OF EDEN ROAD TALLEYVILLE
    WILMINGTON,DE19803     		NONE 501(C)(3) GENERAL PURPOSE 3,000
    THE TRUSTEES OF RESERVATIONS
    ATTN DIRECTOR 572 ESSEX STREET
    BEVERLY,MA01915     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    THE WILLIAM STURGIS FRIENDS OF EDUCATION FOUNDATION INC
    427 MAIN ST
    HYANNIS PORT,MA02601     		NONE 501(C)(3) GENERAL PURPOSE 3,500
    TOWN OF PALM BEACH UNITED WAY INC
    44 COCONUT ROW M201
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    TRINITY-PAWLING SCHOOL
    ATTN GRAYSON K BRYANT DIRECTOR OF
    DEVELOPMENT 700 ROUTE 22
    PAWLING,NY12564     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    TROUT UNLIMITED
    ATTN WHIT FOSBURGH 1300 NORTH 17TH
    STREET
    ARLINGTON,VA22209     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    TUCSON JEWISH COMMUNITY CENTER
    ERIN SHOENBERG 3800 EAST RIVER
    DRIVE
    TUCSON,AZ85718     		NONE 501(C)(3) GENERAL PURPOSE 500
    UNITED WAY OF ADDISON COUNTY
    ATTN DIRECTOR PO BOX 555
    MIDDLEBURY,VT05753     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    UNIVERSITY OF CALIFORNIA BERKELEY
    2200 UNIVERSITY AVE
    BERKELEY,CA94704     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF CALIFORNIA DAVIS
    1 SHIELDS AVE
    DAVIS,CA95616     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    UNIVERSITY OF CALIFORNIA IRVINE
    510 ALDRICH HALL 5
    IRVINE,CA92617     		NONE 501(C)(3) BIOLOGICAL RESEARCH 225,000
    UNIVERSITY OF CALIFORNIA LOS ANGELES
    11000 KINROSS AVENUE
    LOS ANGELES,CA90024     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF CALIFORNIA SAN DIEGO
    9500 GILMAN DRIVE
    LA JOLLA,CA92093     		NONE 501(C)(3) BIOLOGICAL RESEARCH 225,000
    UNIVERSITY OF CHICAGO
    6030 SOUTH ELLIS AVENUE
    CHICAGO,IL60637     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF MASSACHUSETTS
    55 LAKE AVENUE NORTH
    WORCESTER,MA01655     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF NORTH CAROLINA CHAPEL HILL
    104 AIRPORT DR STE 3200
    CHAPEL HILL,NC27599     		NONE 501(C)(3) BIOLOGICAL RESEARCH 150,000
    UNIVERSITY OF PENNSYLVANIA
    433 FRANKLIN BUILDING 3451 WALNUT
    STREET
    PHILADELPHIA,PA19104     		NONE 501(C)(3) GENERAL PURPOSE 2,500
    UNIVERSITY OF PITTSBURGH
    123 UNIVERSITY PLACE
    PITTSBURGH,PA15213     		NONE 501(C)(3) BIOLOGICAL RESEARCH 225,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    837 W DOWNEY WAY
    LOS ANGELES,CA90089     		NONE 501(C)(3) BIOLOGICAL RESEARCH 225,000
    UNIVERSITY OF UTAH
    75 SOUTH 2000 EAST
    SALT LAKE CITY,UT84112     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    VANDERBILT UNIVERSITY
    PMB 406310 2301 VANDERBILT PLACE
    NASHVILLE,TN37240     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    WASHINGTON AND LEE UNIVERSITY
    ATTN DIRECTOR OF CORPORATE 204 W
    WASHINGTON ST
    LEXINGTON,VA24450     		NONE 501(C)(3) GENERAL PURPOSE 4,500
    WASHINGTON UNIVERSITY IN ST LOUIS
    CAMPUS BOX 8018
    ST LOUIS,MO63110     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    WOODS HOLE OCEANOGRAPHIC INSTITUTE
    ATTN DIRECTOR OF FENNO HOUSE MS 40
    WOODS HOLE,MA02543     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    YALE UNIVERSITY
    PO BOX 208250
    NEW HAVEN,CT06508     		NONE 501(C)(3) BIOLOGICAL RESEARCH 90,000
    YALE UNIVERSITY
    PO BOX 1844 ATTN DIRECTOR OF GIVING
    NEW HAVEN,CT06508     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    BOSTON UNIVERSITY
    ONE SIBER WAY
    BOSTON,MA02215     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    CLEVELAND CLINIC FOUNDATION
    9500 EUCLID AVE A90
    CLEVELAND,OH44106     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    LEHIGH UNIVERSITY
    27 MEMORIAL DR
    BETHLEHEM,PA18015     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MARQUETTE UNIVERSITY
    1250 WEST WISCONSIN AVE
    MILWAUKEE,WI53233     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MAX PLANCK FLORIDA INSTITUTE
    1 MAX PLANCK WAY
    JUPITER,FL33458     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    STATE UNIVERSITY OF NEW YORK STONY BROOK
    STONY BROOK UNIVERSITY
    STONY BROOK,NY11794     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF IOWA
    UNIVERSITY OF IOWA
    IOWA CITY,IA52242     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF TEXAS AUSTIN
    UNIVERSITY OF TEXAS AUSTIN
    AUSTIN,TX78712     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNUSED GRANTS FROM WASHINGTON UNIVERSITY
    1 BROOKINGS DR
    ST LOUIS,MO63130     		NONE 501(C)(3) BIOLOGICAL RESEARCH -3,648
    UNUSED GRANTS FROM CINCINNATI CHILDREN'S HOSPITAL MED
    333 BURNET AVE
    CINCINNATI,OH45229     		NONE 501(C)(3) BIOLOGICAL RESEARCH -3,886
    ASSISTANCE LEAGUE MINNEAOPLIS
    6416 PENN AVE SOUTH
    MINNEAPOLIS,MN55423     		NONE 501(C)(3) BIOLOGICAL RESEARCH 500
    EMHS FOUNDATION
    1 CUMBERLAND STREET 300
    BANGOR,ME04401     		NONE 501(C)(3) BIOLOGICAL RESEARCH 1,000
    MAINE AUDUBON - DOWNEAST CHAPTER
    PO BOX 1212
    ELSWORTH,ME04605     		NONE 501(C)(3) BIOLOGICAL RESEARCH 500
    THE TAFT SCHOOL
    110 WOODBURY ROAD
    WATERTOWN,CT06795     		NONE 501(C)(3) BIOLOGICAL RESEARCH 2,000
    THE BOSTON FOUNDATION
    75 ARLINGTON STREET
    BOSTON,MA02116     		NONE 501(C)(3) BIOLOGICAL RESEARCH 500
    TREASURE COAST HOSPICE
    9065 SE BRIDGE ROAD
    HOBE SOUND,FL33455     		NONE 501(C)(3) BIOLOGICAL RESEARCH 500
    Total .................................bullet 3a 5,511,466
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 822,626  
    4 Dividends and interest from securities....     14 2,968,943  
    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.....     01 3,760  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 16,020,041  
    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).. 0 19,815,370 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1319,815,370
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 92,608 23,152   69,456

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME SECURITIES 20,800,815 21,339,309

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 488,633 481,712
    ABB LTD 114,863 112,050
    ABBOTT LABORATORIES, CO. 472,106 831,800
    ABBVIE, INC. 511,960 1,155,200
    ABERDEEN ASIA-PAC XJ-INST 2,753,430 2,611,542
    ACCENTURE PLC-CL-A 376,342 384,237
    ACTIVISION BLIZZARD INC 162,149 145,530
    AETNA INC 198,749 202,500
    AMERICAN EXPRESS CO 273,891 273,563
    AMERISOURCEBERGEN CORP 300,204 303,403
    APACHE CORP 122,650 112,644
    APPLE INC 131,915 130,975
    ASHTON/FAIRPOINTE MID CAP-I 2,000,000 1,897,930
    BANK OF NEW YORK MELLON CORP 368,317 369,872
    BED BATH & BEYOND INC 102,446 105,328
    BERKSHIRE HATHAWAY INC DEL CL B 628,401 638,898
    BLACKROCK, INC. 1,113,987 1,969,920
    BOEING CO 257,125 254,760
    CABOT OIL & GAS CORP 74,967 73,553
    CARDINAL HEALTH INC 256,825 262,220
    CARPENTER TECHNOLOGY CORP 219,974 180,600
    CATERPILLAR INC 220,047 742,725
    CENOVUS ENERGY INC 155,467 134,400
    CHEVRONTEXACO CORP 670,588 1,909,120
    CINTAS CORP 157,561 169,416
    COLGATE PALMOLIVE CO 581,805 2,347,920
    COMCAST CORP 233,813 231,254
    COMERICA INC 272,842 275,477
    CONAGRA FOODS INC 810,875 1,106,840
    CONOCOPHILLIPS CORP. 1,063,441 1,377,360
    CSX CORP 216,349 224,420
    DANONE 320,689 300,160
    DELAWARE EMERGING MARKETS-I 1,250,000 1,196,770
    DEVON ENERGY CORP 339,846 317,037
    DODGE & COX INTL STOCK FUND 4,000,000 3,932,133
    DOW CHEMICAL CO 1,069,124 1,835,400
    DU PONT E I DE NEMOURS & CO 774,415 1,435,200
    EBAY INC 428,011 441,714
    EXPEDITORS INTERNATIONAL INC 202,250 198,842
    EXXON MOBIL CORP 707,765 2,116,125
    FREEPORT MCMORAN COPPER & GOLD 938,159 979,500
    GENERAL MILLS INC 1,070,681 1,816,200
    GOLDMAN SACHS GROUP INC 231,913 238,641
    HALLIBURTON CO 1,044,693 2,257,850
    HCA HOLDINGS INC 277,639 282,080
    HENRY SCHEIN INC 156,465 151,411
    HERTZ GLOBAL HOLDINGS INC 243,488 203,120
    HILL-ROM HOLDINGS INC 109,910 103,575
    HOME DEPOT, INC. 861,890 2,476,980
    HONEYWELL INTERNATIONAL INC 249,347 244,440
    HYATT HOTELS CORP -CL A 73,497 72,624
    INTERCONTINENTAL EXCHANGE INC 246,385 253,565
    INTN'L BUSINESS MACHINES CORP. 808,018 1,898,300
    ISHARES CORE S&P MID-CAP ETF 1,492,873 1,422,096
    ISHARES MSCI ALL COUNTRY ASIA 2,010,664 1,888,656
    ISHARES MSCI EAFE INDEX FUND 4,015,219 3,911,320
    JOHNSON & JOHNSON CO. 1,172,500 2,131,800
    JP MORGAN CHASE & CO 190,000 301,200
    KRAFT FOODS GROUP, INC. 357,997 657,962
    MATTEL INC 69,864 61,300
    MERCK & CO INC 1,058,985 1,630,200
    METLIFE, INC. 1,040,359 1,343,000
    MICROSOFT CORP 1,207,065 2,255,414
    MONDELEZ, INTERNATIONAL, INC. 793,249 1,370,800
    NATIONAL FUEL GAS CO 152,284 139,980
    NESTLE S A 257,826 246,661
    OMNICOM GROUP INC 436,938 418,325
    PACCAR INC 232,557 211,878
    PEPSICO, INC. 1,089,264 1,535,985
    PFIZER INC 170,518 310,485
    POTASH CORP SASKATCHEWAN INC 439,788 437,184
    PROCTER & GAMBLE CO 158,938 159,106
    PROGRESSIVE CORP OHIO 215,848 221,832
    RANGE RESOURCES CORP 197,790 169,525
    RAYTHEON CO 645,138 2,337,260
    ROCKWELL AUTOMATION INC 82,317 76,916
    ROSS STORES INC 184,529 205,956
    SCHLUMBERGER LTD 581,965 544,042
    SCOTTS MIRACLE-GRO COMPANY 119,950 110,000
    SEALED AIR CORP 198,403 191,840
    SPECTRA ENERGY CORP 1,008,904 1,570,400
    STANLEY BLACK & DECKER INC 182,573 177,580
    TE CONNECTIVITY LTD 231,740 205,955
    TWENTY FIRST CENTURY FOX INC 178,411 171,450
    UNILEVER 187,909 181,218
    UNITEDHEALTH GROUP INC 356,982 373,031
    US DOLLAR 866,382 866,382
    VERIZON COMMUNICATIONS INC 1,277,866 1,499,700
    WALT DISNEY CO 648,548 2,403,810
    WELLS FARGO & CO 201,209 202,293
    WISDOMTREE JAPAN HEDGED EQUITY FUND 1,200,104 1,239,760
    AT & T, INC. 0 0
    BANK OF MONTREAL 0 0
    CISCO SYSYTEMS INC. 0 0
    DEERE CO 0 0
    DISNEY WALT HOLDING CO 0 0
    GENERAL ELECTRIC CO 0 0
    INTEL CORP 0 0
    ISHARES S & P US PREFERRED STOCK INDEX FUND 0 0
    KIMBERLY-CLARK CORP. 0 0
    MCDONALDS CORP 0 0
    PHILIP MORRIS INTN'L INC. 0 0
    ROYAL DUTCH SHELL, PLC. 0 0
    TARGET CORP 0 0
    AMEX UTILITIES SPDR 0 0
    VANGUARD UTILITIES ETF 0 0
    WAL MART STORES INC 0 0
    WASTE MANAGEMENT INC. 0 0

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    US Government Securities - End of Year Book Value:

    12,240,126
    US Government Securities - End of Year Fair Market Value:

    12,116,943
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2013 OtherAssetsSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID FEDERAL EXCISE TAX 9,988 0 0


    TY 2013 OtherExpensesSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 117 29   88
    INSURANCE 4,447 1,112   3,335
    OFFICE EXPENSE 15,213 3,803   11,410
    TELEPHONE 7,251 1,813   5,438
    POSTAGE 1,922 481   1,442
    SCIENTIFIC ADVISOR 64,000 0   64,000


    TY 2013 OtherIncomeSchedule2
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 3,760 3,760 3,760


    TY 2013 OtherLiabilitiesSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL EXCISE TAX PAYABLE 0 104,069


    TY 2013 TaxesSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN: 13-5637595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 195,613 195,613   0
    PAYROLL TAXES 9,646 7,235   2,412
    PROPERTY TAXES 365 0   365