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
EAGLEMERE FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)60 EDMUNDS ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WELLESLEY, MA02481
A Employer identification number

04-3424302
B Telephone number (see instructions)

(781) 899-4350
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$10,291,852J 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).............. 120,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 231,781 231,781 231,781
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 290,564
b Gross sales price for all assets on line 6a 2,705,198
7 Capital gain net income (from Part IV, line 2)... 290,564
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 642,345 522,345 231,781
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 36,000 36,000 36,000 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 40,844 40,844 40,844 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,502 4,802 4,802 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 125 125 125 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 90,471 81,771 81,771 0
25 Contributions, gifts, grants paid........ 535,200 535,200
26 Total expenses and disbursements. Add lines 24 and 25 625,671 81,771 81,771 535,200
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 16,674
b Net investment income (if negative, enter -0-) 440,574
c Adjusted net income (if negative, enter -0-)... 150,010
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............... 833 201 201
2 Savings and temporary cash investments.......... 388,821 320,819 320,819
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)........ 6,067,409 Click to see attachment6,351,780 7,912,425
c Investments—corporate bonds (attach schedule)........ 1,501,192 Click to see attachment1,787,484 1,767,878
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 805,967 Click to see attachment320,612 290,529
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) 8,764,222 8,780,896 10,291,852
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...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 8,019,477 8,019,477
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 744,745 761,419
30 Total net assets or fund balances (see instructions)...... 8,764,222 8,780,896
31 Total liabilities and net assets/fund balances (see instructions).. 8,764,222 8,780,896
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 8,764,222
2 Enter amount from Part I, line 27a..................... 2 16,674
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 8,780,896
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 8,780,896
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 700 SHS AMGEN INC P 2013-11-19 2014-10-02
b 800 SHS BEAM INC P 2013-11-19 2014-05-01
c 500 SHS COMCAST CORP P 2013-11-19 2014-10-02
d 900 SHS DANAHER CORP P 2013-11-19 2014-10-02
e 500 SHS FEDEX CORPORATION P 2013-11-19 2014-10-02
1200 SHS GENERAL ELECTRIC CO P 2013-11-19 2014-10-02
600 SHS MONSANTO CO P 2013-11-19 2014-10-02
600 SHS NATIONAL OILWELL INC P 2013-11-19 2014-10-02
150 SHS NOW INC P 2013-11-19 2014-08-20
400 SHS UNITED HEALTH GROUP INC P 2013-11-19 2014-10-02
1300 SHS WHOLE FOODS MKT INC P 2013-11-19 2014-05-07
100 SHS AIR PRODUCTS & CHEMICALS P 2010-08-04 2014-10-02
500 SHS AIR PRODUCTS & CHEMICALS P 2010-08-04 2014-10-02
50 SHS AIR PRODUCTS & CHEMICALS P 2011-06-03 2014-10-02
400 SHS AIR PRODUCTS & CHEMICALS P 2011-06-03 2014-10-02
4000 SHS BANK OF AMERICA P 2002-12-31 2014-01-03
4000 SHS BANK OF AMERICA P 2002-12-31 2014-04-07
1000 SHS BANK OF AMERICA P 2002-12-31 2014-07-09
3000 SHS BANK OF AMERICA P 1985-01-15 2014-07-09
2000 SHS BANK OF AMERICA P 1985-01-15 2014-10-02
900 SHS BECTON DICKINSON & COMPANY P 2012-01-06 2014-10-02
0.67 SHS CDK GLOBAL INC P 2011-06-03 2014-10-22
100000 SHS CISCO SYSTEMS INC P 2012-01-06 2014-03-14
945.18 SHS COLUMBUA ACORN TR FD CL Z P 2005-03-17 2014-10-02
1672.94 SHS COLUMBUA ACORN TR FD CL Z P 2004-02-10 2014-10-02
1517.23 SHS COLUMBUA ACORN TR FD CL Z P 2005-03-17 2014-10-02
392.03 SHS COLUMBUA ACORN TR FD CL Z P 2009-08-17 2014-10-02
844.6 SHS COLUMBUA ACORN TR FD CL Z P 2004-05-04 2014-10-02
1045.59 SHS COLUMBUA ACORN TR FD CL Z P 2004-02-10 2014-10-02
1242.55 SHS COLUMBUA ACORN TR FD CL Z P 2003-09-12 2014-12-01
536.48 SHS COLUMBUA ACORN TR FD CL Z P 2002-04-11 2014-12-01
1187.09 SHS COLUMBUA ACORN TR FD CL Z P 2009-08-17 2014-12-01
1982.14 SHS COLUMBUA ACORN TR FD CL Z P 2009-08-17 2014-12-01
261.37 SHS COLUMBUA ACORN TR FD CL Z P 2002-04-16 2014-12-01
1350 SHS COLUMBUA ACORN TR FD CL Z P 2002-03-19 2014-12-01
2833.52 SHS CREDIT SUISSE COMMODITY RETURN P 2010-05-24 2014-12-11
24843.8 SHS CREDIT SUISSE COMMODITY RETURN P 2010-05-25 2014-12-11
500 SHS DEERE & CO P 2012-11-28 2014-10-02
300 SHS EMERSON ELECTRIC CO P 2012-01-06 2014-10-02
20358.31 SHS HUSSMAN INVT TR STRATEGIC GROWTH P 2012-01-06 2014-05-07
2035.83 SHS HUSSMAN INVT TR STRATEGIC GROWTH P 2012-01-06 2014-05-07
100000 SHS JP MORGAN CHASE & CO P 2012-01-06 2014-06-01
19660.41 SHS PIMCO TOTAL RETURN FUND P 2013-02-14 2014-09-30
19247.99 SHS PIMCO TOTAL RETURN FUND P 2013-02-13 2014-09-30
500 SHS SCHLUMBERGER LTD P 2010-08-04 2014-10-02
100 SHS SCHLUMBERGER LTD P 2012-11-28 2014-10-02
150 SHS SCHLUMBERGER LTD P 2010-08-04 2014-10-02
MBIA INC - CASH IN LIEU P 2008-01-09 2014-01-16
WACHOVIA CORP - CASH IN LIEU P 2008-09-29 2014-03-27
WORLDCOM INC - CASH IN LIEU P 2002-06-25 2014-05-07
CITIGROUP INC - CASH IN LIEU P 2008-11-28 2014-09-17
DELL INC - CASH IN LIEU P 2006-09-08 2014-10-17
DELL INC - CASH IN LIEU P 2006-09-08 2014-11-13
AIG - CASH IN LIEU P 2005-04-01 2014-12-05
AIG - CASH IN LIEU P 2005-04-01 2014-12-15
CAPITAL GAINS DIVIDENDS P    
(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 96,552   80,892 15,660
b 66,800   54,515 12,285
c 26,144   23,700 2,444
d 66,846   67,061 -215
e 79,057   67,947 11,110
30,043   32,703 -2,660
66,118   66,048 70
44,272   44,723 -451
4,885   5,029 -144
33,584   28,666 4,918
50,088   73,884 -23,796
12,590   7,617 4,973
62,948   38,103 24,845
6,295   4,508 1,787
50,358   36,074 14,284
65,790   86,840 -21,050
66,152   86,840 -20,688
15,599   21,710 -6,111
46,798   189 46,609
33,729   126 33,603
101,899   65,747 36,152
17   14 3
100,000   102,141 -2,141
33,138   25,000 8,138
58,653   40,000 18,653
53,194   40,131 13,063
13,745   8,256 5,489
29,612   20,000 9,612
36,658   25,000 11,658
44,955   25,000 19,955
19,410   10,000 9,410
42,949   25,000 17,949
71,714   41,744 29,970
9,456   5,000 4,456
48,843   25,191 23,652
18,021   21,790 -3,769
158,007   188,564 -30,557
40,581   41,981 -1,400
18,484   14,142 4,342
203,176   250,000 -46,824
20,318   25,000 -4,682
100,000   105,899 -5,899
213,709   219,540 -5,831
209,226   214,550 -5,324
48,854   31,408 17,446
9,771   6,947 2,824
14,655   9,414 5,241
100     100
14     14
5     5
148     148
49     49
27     27
61     61
57     57
61,044     61,044
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       15,660
b       12,285
c       2,444
d       -215
e       11,110
      -2,660
      70
      -451
      -144
      4,918
      -23,796
      4,973
      24,845
      1,787
      14,284
      -21,050
      -20,688
      -6,111
      46,609
      33,603
      36,152
      3
      -2,141
      8,138
      18,653
      13,063
      5,489
      9,612
      11,658
      19,955
      9,410
      17,949
      29,970
      4,456
      23,652
      -3,769
      -30,557
      -1,400
      4,342
      -46,824
      -4,682
      -5,899
      -5,831
      -5,324
      17,446
      2,824
      5,241
      100
      14
      5
      148
      49
      27
      61
      57
      61,044
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 2 290,564
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 19,221
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 497,845 9,709,953 0.051272
2012 454,324 8,990,306 0.050535
2011 426,382 7,967,521 0.053515
2010 334,500 7,514,456 0.044514
2009 318,029 6,652,481 0.047806
2 Total of line 1, column (d) ...................... 2 0.247642
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 0.049528
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 10,254,086
5 Multiply line 4 by line 3....................... 5 507,864
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,406
7 Add lines 5 and 6......................... 7 512,270
8 Enter qualifying distributions from Part XII, line 4.............. 8 535,200
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 4,406
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 4,406
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 4,406
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 6,019
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 6,019
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,613
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,613 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
 
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)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPRIVATE BANK TAX SERVICES Telephone no.bullet (401) 278-6825
    Located atbulletPO BOX 1802PROVIDENCERI ZIP+4bullet029011802
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    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
    MARILYN D SARLES MD PRESIDENT
    0.00     		0 0 0
    60 EDMUNDS ROAD
    WELLESLEY,MA02481
    DANIEL G SARLES EXECUTIVE DIRECTOR
    25.00     		36,000 0 0
    10 BOWDOIN STREET APT 416
    BOSTON,MA02114
    KATHRYN D GARVEY ASSISTANT SECRETARY
    0.00     		0 0 0
    13 WAKELAND ROAD
    DOVER,MA02030
    H JAY SARLES TREASURER & SECRETARY
    0.00     		0 0 0
    60 EDMUNDS ROAD
    WELLESLEY,MA02481
    ELIZABETH DIAS ASSISTANT SECRETARY
    0.00     		0 0 0
    254 20TH AVENUE
    SAN FRANCISCO,CA94121
    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
    9,961,885
    b
    Average of monthly cash balances.......................
    1b
    448,355
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,410,240
    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
    10,410,240
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    156,154
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,254,086
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    512,704
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    512,704
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,406
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,406
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    508,298
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    508,298
    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
    508,298
    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
    535,200
    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
    535,200
    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
    4,406
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    530,794
    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 7 508,298
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    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....... 6,944
    e From 2013....... 24,357
    fTotal of lines 3a through e......... 31,301
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 535,200
    a Applied to 2013, but not more than line 2a 0
    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..... 508,298
    e Remaining amount distributed out of corpus 26,902
    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 58,203
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		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 ......     		58,203
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012.... 6,944
    d Excess from 2013.... 24,357
    e Excess from 2014.... 26,902
    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).)
    MARILYN D SARLES MD
    H JAY SARLES
    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
    ALASKA CONSERVATION FOUNDATION
    911 WEST 8TH AVE SUITE 300
    ANCHORAGE,AK99501     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 30,000
    AMERICAN RIVERS
    1101 14TH STREET NW SUITE 1400
    WASHINGTON,DC20005     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 25,000
    AMHERST COLLEGE
    220 S PLEASANT STREET
    AMHERST,MA01002     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 1,000
    ANIMAL RESCUE LEAGUE OF BOSTON
    10 CHANDLER STREET
    BOSTON,MA02116     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 2,500
    BROWN MEDICAL SCHOOL
    222 RICHMOND ST
    PROVIDENCE,RI02903     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 10,000
    CHARLES RIVER WATERSHED ASSOC
    190 PARK ROAD
    WESTON,MA02493     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 30,000
    CUMMINGS VETERINARY FUND
    200 WESTBORO ROAD
    NORTH GRAFTON,MA01536     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 15,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE
    NEW YORK,NY100015004     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 60,000
    EARTHJUSTICE
    50 CALIFORNIA STREET SUITE 500
    SAN FRANCISCO,CA94111     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 15,000
    ECOFLIGHT
    307 L ASPEN AIRPORT BUSINESS CENTER
    ASPEN,CO81611     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 3,000
    FOREVER HOME RESCUE NE
    31 JORIE LANE
    WALPOLE,MA02081     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 250
    GLOBAL GREENGRANTS FUND
    2840 WILDERNESS PLACE STE A
    BOULDER,CO80301     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 5,000
    GREATER YELLOWSTONE
    215 S WALLACE
    BOZEMAN,MT59715     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 60,000
    HARVARD FIELD HOCKEY
    MASSACHUSETTS HALL
    CAMBRIDGE,MA02138     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 1,500
    HOME BASE PROGRAMRED SOX FOUNDATION
    4 YAWKEY WAY
    BOSTON,MA02215     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 500
    HORIZONS FOR HOMELESS CHILDREN
    1705 COLUMBUS AVE
    ROXBURY,MA02119     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 300
    LAKES REGION CONSERVATION
    156 DANE ROAD
    CENTER HARBOR,NH03226     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 25,000
    MANOMET CENTER CONSERVATION SCIENCE
    PO BOX 1770
    MANOMET,MA02345     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 10,000
    MASS SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
    350 SOUTH HUNTINGTON AVENUE
    BOSTON,MA02130     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 2,500
    MILTON ACADEMY
    170 CENTRE STREET
    MILTON,MA02186     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 2,000
    MOSES BROWN SCHOOL
    250 LLOYD AVENUE
    PROVIDENCE,RI02906     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 2,000
    NARSAD BRAIN & BEHAVIOR RESEARCH FOUNDATION
    60 CUTTER MILL ROAD SUITE 404
    GREAT NECK,NY11021     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 500
    NATURE CONSERVANCY
    4245 NORTH FAIRFAX DRIVE SUITE 100
    ARLINGTON,VA222031606     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION;LISTTOTAL 0 110,000
    NOBLE AND GREENOUGH SCHOOL
    10 CAMPUS DRIVE
    DEDHAM,MA02026     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION;LISTTOTAL 4250 8,250
    NORTH AND SOUTH RIVERS WATERSHED TRUST
    PO BOX 43
    NORWELL,MA02061     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 10,000
    NPR
    1111 NORTH CAPITAL STREET NE
    WASHINGTON,DC20002     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 5,000
    OXFAM AMERICA
    226 CAUSEWAY STREET 5
    BOSTON,MA02114     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 50,000
    PAWS NEW ENGLANDTIPTON TREASURES
    587 COUNTRY HIGHWAY 427
    ORAN,MO63771     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 500
    PET PARTNERS
    875 124TH AVE SUITE 101
    BELLEVUE,WA98005     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 1,500
    PLANNED PARENTHOOD MA
    1055 COMMONWEALTH AVENUE
    BOSTON,MA022151001     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 15,000
    PRINCETON UNIVERSITY
    PRINCETON UNIVERSITY
    PRINCETON,NJ08544     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 1,500
    REDROVERUNITED ANIMAL NATIONS
    3800 J STREET
    SACRAMENTO,CA95816     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 500
    TETON SCIENCE SCHOOLS
    700 COYOTE CANYON ROAD
    JACKSON,WY83001     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 1,500
    THE PARK SCHOOL
    171 GODDARD AVE
    BROOKLINE,MA02445     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 100
    TUFTONBORO FREE LIBRARY
    221 MIDDLE ROAD
    TUFTONBORO,NH03816     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 8,000
    UNIVERSITY OF TEXAS AUSTIN
    1 UNIVERSITY STATION
    AUSTIN,TX78712     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 300
    WORLD WILDLIFE FUND
    1250 24TH STREET NW
    WASHINGTON,DC20037     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 20,000
    YELLOWSTONE ASSOCIATION
    PO BOX 117
    YELLOWSTONE NATL PARK,WY82190     		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 2,000
    Total .................................bullet 3a 535,200
    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....         231,781
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		        290,564
    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 0 522,345
    13Total. Add line 12, columns (b), (d), and (e)..................
    13522,345
    (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.)
    4, 7 THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSE BY MAKING DIRECT
    & 8 GIFTS. THE SOURCE OF THE GIFTS IS THE INCOME AND OR PRINCIPAL OF ITS INVESTMENT PORTFOLIO. THE INTEREST, DIVIDENDS, GAINS AND OTHER INCOME ON LINES 4, 7 & 8 ARE THE INCOME GENERATED FROM THIS INVESTMENT PORT- FOLIO.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


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

    04-3424302
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    EAGLEMERE FOUNDATION INC
          		Employer identification number

    04-3424302
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    JAY MARILYN SARLES  
    60 EDMUNDS ROAD
     
    WELLESLEY, MA02481

    		$120,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    EAGLEMERE FOUNDATION INC
          		Employer identification number

    04-3424302
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    EAGLEMERE FOUNDATION INC
          		Employer identification number

    04-3424302
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    EAGLEMERE FOUNDATION INC
    EIN: 04-3424302
    Name of Bond End of Year Book Value End of Year Fair Market Value
    5000 SHS ISHARES S&P US PFD STK INDEX 198,350 197,200
    50000 SHS AMERICAN EXPRESS CO 50,087 49,525
    50000 SHS CAPITAL ONE BK 50,094 49,567
    50000 SHS CATERPILLAR INC 50,672 50,309
    150000 SHS CITIGROUP INC 50,319 50,051
    100000 SHS CISCO 0 0
    38391.225 SHS DOUBLELINE TOTAL RETURN BD FUND 420,000 421,152
    50000 SHS DOW CHEMICAL CO 53,282 52,831
    33698.0979999999 SHS FRANKLIN FTLG RATE DAILY ACCESS 310,000 300,250
    50000 SHS GENERAL ELECTRIC CAP CORP 50,415 50,077
    100000 SHS JP MORGAN CHASE & CO 0 0
    50000 SHS PEPSICO INC 52,467 51,748
    50000 SHS PFIZER INC 50,332 50,268
    11506.276 SHS PIMCO HIGH YIELD FD 110,000 105,167
    38908.397 SHS PIMCO TOTAL RETURN FUND-NON DIV DIST 909.75 0 0
    500000 SHS PUBLIC SVC ELEC GAS CO 49,962 49,531
    50000 SHS VERIZON COMMUNICATIONS 51,702 51,102
    100000 SHS WALMART STORES 106,653 100,573
    10860.195 SHS COLUMBIA INTERMEDIATE BOND FUND 93,149 99,914
    4333.694 SHS FRANKLIN FTLG RATE DAILY ACCESS 40,000 38,613

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    EAGLEMERE FOUNDATION INC
    EIN: 04-3424302
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1150 SHS ABBOTT LABS 26,135 51,773
    1750 SHS ABBVIE INC 48,946 114,520
    950 SHS ACCENTURE 53,128 84,845
    1050 SHS AIR PRODS & CHEMS INC 0 0
    1000 SHS ALTRIA GROUP INC 45,478 49,270
    700 SHS AMGEN INC 0 0
    700 SHS ANADARKO PETE CORP 63,935 57,750
    300 SHS APPLE INC 167,735 231,796
    1300 SHS AT&T INC 0 0
    3100 SHS AT&T INC 109,570 104,129
    1400 SHS AUTOMATIC DATA PROCESSING INC 65,267 116,718
    14000 SHS BANK OF AMERICA CORP 0 0
    1200 SHS BB&T CORP 40,758 46,668
    900 SHS BECTON DICKINSON & CO 0 0
    700 SHS BERKSHIRE HATHAWAY INC 81,283 105,105
    300 SHS BLACKROCK INC 53,860 107,268
    2700 SHS BROADCOM CORP 69,820 116,991
    700 SHS CHEVRON CORP 85,180 78,526
    2000 SHS CISCO SYS INC 50,023 55,630
    1000 SHS COCA COLA CO 21,819 42,220
    1500 SHS COMCAST CORP 0 0
    1000 SHS COMCAST CORP 47,400 58,010
    1000 SHS CONOCOPHILLIPS 71,479 69,060
    1000 SHS CORNING INC 18,490 22,930
    400 SHS COSTCO WHSL CORP 49,644 56,700
    900 SHS DANAHER CORP 0 0
    500 SHS DEERE & CO 0 0
    1100 SHS DISNEY WALT CO 76,213 103,609
    1600 SHS DOW CHEM CO 63,342 72,976
    1400 SHS EMERSON ELECTRIC CO 0 0
    1100 SHS EMERSON ELECTRIC CO 51,853 67,903
    1100 SHS ENTERGY CORP 69,690 96,228
    1000 SHS EOG RES INC 93,941 92,070
    1900 SHS EXXON MOBIL CORP 123,148 175,655
    500 SHS FEDEX CORP 0 0
    2400 SHS GENERAL ELEC CO 0 0
    1200 SHS GENERAL ELEC CO 32,703 30,324
    700 SHS GENERAL DYNAMICS CORP 62,729 96,334
    3439.112 SHS HARBOR INTERNATIONAL FUND 220,000 222,786
    1000 SHS HEWLETT PACKARD CO 34,224 40,130
    700 SHS HOME DEPOT INC 0 0
    800 SHS HOME DEPOT INC 66,134 83,976
    700 SHS HONEYWELL INTL INC 28,496 69,944
    600 SHS IBM 47,457 96,264
    1000 SHS INTEL CORP 33,574 36,290
    1900 SHS INTERNATIONAL PAPER CO 89,434 101,802
    800 SHS JOHNSON & JOHNSON 0 0
    1300 SHS JOHNSON & JOHNSON 99,901 135,941
    750 SHS KRAFT FOODS INC 24,898 46,995
    500 SHS LAS VEGAS SANDS CORP 30,838 29,080
    600 SHS MC DONALDS CORP 58,543 56,220
    600 SHS MCKESSON CORP 95,430 124,548
    1000 SHS MERK & CO INC 58,688 56,790
    1300 SHS MET LIFE INC 68,031 70,317
    2400 SHS MICROSOFT CORP 66,972 111,480
    450 SHS MONDELIZ INTL INC 8,650 16,346
    600 SHS MONSANTO CO 0 0
    600 SHS NATIONAL OILWELL VARCO INC 0 0
    1250 SHS OCCIDENTAL PETE CORP DEL 96,043 100,763
    600 SHS PEPSICO INC 39,338 56,736
    650 SHS PHILIP MORRIS INTL INC 0 0
    1150 SHS PHILIP MORRIS INTL INC 71,497 93,668
    1400 SHS PFIZER INC 0 0
    2900 SHS PFIZER INC 88,191 90,335
    1100 SHS PROCTER & GAMBLE CO 66,598 100,199
    900 SHS QUALCOMM INC 0 0
    1200 SHS QUALCOMM INC 82,158 89,196
    400 SHS RAYTHEON CO 39,267 43,268
    750 SHS SCHLUMBERGER LTD 0 0
    900 SHS SOUTHERN CO 38,112 44,199
    800 SHS STARBUCKS CORP 64,379 65,640
    600 SHS TARGET CORP 0 0
    1200 SHS TARGET CORP 77,303 91,092
    1000 SHS TEXAS INSTRS INC 46,435 53,465
    800 SHS UNITED HEALTH GROUP INC 0 0
    400 SHS UNITED HEALTH GROUP INC 28,666 40,436
    1000 SHS VERIZON COMMUNICATIONS 0 0
    2700 SHS VERIZON COMMUNICATIONS 135,197 126,306
    1300 SHS WELLS FARGO & CO 0 0
    1800 SHS WELLS FARGO & CO 60,588 98,676
    1300 SHS WHOLE FOODS MKT INC 0 0
    466 SHS CKD GLOBAL INC 9,430 18,994
    1000 SHS BP PLC 41,029 38,120
    800 SHS BEAM INC 0 0
    500 SHS CALIFORNIA RESOURCES CORP 3,468 2,755
    12977.186 SHS COLUMBIA ACORN FUND CLASS Z 0 0
    1100 SHS ENTERGY CORP 0 0
    1500 SHS ISHARES RUSSELL 2000 VALUE INDEX 77,760 152,520
    2000 SHS ISHARES RUSSELL MIDCAP INDEX 0 0
    3500 SHS ISHARES RUSSELL MIDCAP ETF 408,411 584,640
    10275.973 SHS COLUMBIA SMALL CAP CORE FUND 177,192 191,750
    5200 SHS ISHARES INTERNATIONAL SELECT DIV 168,584 175,188
    4390.408 SHS COLUMBIA ACORN FUND INTL FUND 151,514 183,212
    5000 SHS ISHARES MSCI EMERGING MKTS INDEX 298,065 283,150
    1000 SHS LYONDELLBASELL INDUSTRIES 103,232 79,390
    4500 SHS WINDSTREAM HOLDINGS INC 48,177 37,080
    12000 SHS VANGUARD FTSE EMERGING MKTS 440,943 480,240
    4875 SHS ISHARES TR RUSSELL 1000 ETF FUND 0 0
    6000 SHS ISHARES TR RUSSELL 1000 ETF FUND 449,270 687,780
    1275 SHS ISHARES INTL SELECT DIVIDEND ETF 0 0
    2200 SHS ISHARES INTL SELECT DIVIDEND ETF 76,151 74,118
    300 SHS ISHARES RUSSELL MIDCAP ETF 41,837 50,112
    500 SHS ISHARES MSCI EMERGING MKTS 29,796 28,315
    2050.381 SHS CAMBIAR SMALL CAP FUND 35,000 40,290
    2345.789 SHS JOHN HANCOCK FDS III DISCIPLINED VALUE 27,000 46,845
    1500 SHS VANGUARD MSCI EMERGING MKTS ETF 56,310 60,030

    TY 2014 InvestmentsOtherSchedule2
    Name:
    EAGLEMERE FOUNDATION INC
    EIN: 04-3424302
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    24843.798 SHS CREDIT SUISSE COMMODITY - RETURN STRAT AT COST 0 0
    20358.306 SHS HUSSMAN INVT STRATEGIC GROWTH FUND AT COST 0 0
    5360.206 SHS PERMANENT PORTFOLIO AT COST 250,000 212,103
    150 SHS WASHINGTON PRIME GROUP AT COST 2,729 2,583
    300000 SHS SIMON PPTY GROUP INC AT COST 42,883 54,633
    2833.524 SHS CREDIT SUISSE COMMODITY - RETURN PLUS AT COST 0 0
    2035.831 SHS HUSSMAN INVT STRATEGIC GROWTH FUND AT COST 0 0
    536.021 SHS PERMANENT PORTFOLIO AT COST 25,000 21,210

    TY 2014 OtherExpensesSchedule
    Name:
    EAGLEMERE FOUNDATION INC
    EIN: 04-3424302
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE 125 125 125 0


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    EAGLEMERE FOUNDATION INC
    EIN: 04-3424302
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 40,844 40,844 40,844 0


    TY 2014 SubstantialContributorsSch
    Name:
    EAGLEMERE FOUNDATION INC
    EIN: 04-3424302
    Name Address
    MARILYN SARLES 60 EDMUNDS ROAD
    WELLESLEY,MA02481
    H JAY SARLES 60 EDMUNDS ROAD
    WELLESLEY,MA02481


    TY 2014 TaxesSchedule
    Name:
    EAGLEMERE FOUNDATION INC
    EIN: 04-3424302
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 4,802 4,802 4,802 0
    EXCISE TAXES 8,700 0 0 0