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
THE WILLIAM H PITT FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)251 ROYAL PALM WAY NO 400   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL334804117
A Employer identification number

22-2570737
B Telephone number (see instructions)

(561) 835-1313
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$80,489,426J 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 586,531 586,531  
4 Dividends and interest from securities...... 612,006 579,159  
5a Gross rents.............. 4,722,585 2,717,097  
b Net rental income or (loss) 1,004,348
6a Net gain or (loss) from sale of assets not on line 10 921,958
b Gross sales price for all assets on line 6a 14,954,453
7 Capital gain net income (from Part IV, line 2)... 921,958
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 756,809 3,011  
12 Total. Add lines 1 through 11........ 7,599,889 4,807,756  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 590,833 95,917   494,916
14 Other employee salaries and wages...... 50,168 25,084   25,084
15 Pension plans, employee benefits....... 71,323 11,205   60,118
16a Legal fees (attach schedule)......... Click to see attachment 10,716 10,716   0
b Accounting fees (attach schedule)....... Click to see attachment 59,344 29,672   29,672
c Other professional fees (attach schedule).... Click to see attachment 9,500 9,500   0
17 Interest............... 532,090 177,669   0
18 Taxes (attach schedule) (see instructions) Click to see attachment 654,994 388,776   2,043
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,116,492 492,006  
20 Occupancy.............. 104,123 19,745   84,378
21 Travel, conferences, and meetings....... 6,967 0   3,015
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,816,738 957,176   14,895
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,023,288 2,217,466   714,121
25 Contributions, gifts, grants paid........ 3,009,450 3,044,450
26 Total expenses and disbursements. Add lines 24 and 25 8,032,738 2,217,466   3,758,571
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -432,849
b Net investment income (if negative, enter -0-) 2,590,290
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............... 1,718,768 1,184,283 1,184,283
2 Savings and temporary cash investments.......... 1,242,949 3,080,064 3,080,064
3 Accounts receivable bullet72,257
Less: allowance for doubtful accounts bullet   1,229,412 72,257 72,257
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) bullet8,038,446
Less: allowance for doubtful accounts bullet0 8,439,813 8,038,446 8,038,446
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 28,126 152,882 152,882
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 5,826,444 Click to see attachment3,294,467 3,294,467
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet3,560,314
Less: accumulated depreciation (attach schedule) bullet533,141 3,069,644 Click to see attachment3,027,173 5,301,000
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 39,459,948 Click to see attachment41,699,598 59,360,427
14 Land, buildings, and equipment: basis bullet186,190
Less: accumulated depreciation (attach schedule) bullet170,620 17,285 Click to see attachment15,570 0
15 Other assets (describe bullet) Click to see attachment5,600 Click to see attachment5,600 Click to see attachment5,600
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 61,037,989 60,570,340 80,489,426
Liabilities 17 Accounts payable and accrued expenses.......... 100 300
18 Grants payable................... 150,000 115,000
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 150,100 115,300
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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 60,887,889 60,455,040
30 Total net assets or fund balances (see page 17 of the
instructions).................... 60,887,889 60,455,040
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 61,037,989 60,570,340
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 60,887,889
2 Enter amount from Part I, line 27a..................... 2 -432,849
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 60,455,040
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 60,455,040
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 145,000 SHARES PUTNAM MASTER INTER INCOME TRUST P 2013-09-10 2014-06-26
b 64,527 SHARES PUTNAM PREMIER INCOME TRUST P 2013-09-03 2014-09-16
c 77,170 SHARES PUTNAM PREMIER INCOME TRUST P 2013-09-03 2014-09-16
d 29,129 SHARES PUTNAM PREMIER INCOME TRUST P 2013-09-03 2014-09-16
e 1,174 SHARES PUTNAM PREMIER INCOME TRUST P 2013-09-03 2014-09-16
1,230 SPDR TR S&P500 ETF TRUST P 2013-09-03 2014-09-16
13,500 TRANSAMERICA INCOME SHS INC P 2013-09-03 2014-06-26
5,925 SHARES VANGUARD HIGH DIVIDEND YIELD ETF P 2013-09-03 2014-09-16
3,849.99 SHARES THORNBURG INC BUILDER FUND P 2013-09-03 2014-09-16
505 SHARES H&R BLOCK P 2012-09-27 2013-10-01
280 SHARES H&R BLOCK P 2012-09-27 2013-10-03
1,820 SHARES PVR PARTNERS LP P 2011-12-02 2013-10-10
2,225 SHARES CYPRESS SEMICONDUCTOR P 2013-02-25 2013-10-17
70 SHARES LOCKHEED MARTIN P 2010-09-29 2013-10-21
185 SHARES GARMIN P 2013-02-01 2013-10-21
470 SHARES SEAGATE TECHNOLOGY P 2012-06-22 2013-10-24
250 SHARES NATIONAL CINEMEDIA P 2011-06-01 2013-10-26
920 SHARES H&R BLOCK P 2012-09-27 2013-10-29
530 SHARES HASBRO P 2012-02-29 2013-11-07
1,030 SHARES TRONOX P 2013-02-28 2013-11-12
$20,000 GODFREY IL 9.75% P 2012-10-23 2013-11-15
550 SHARES NUCOR P 2011-08-31 2013-11-13
335 SHARES CONOCO PHILLIPS P 2008-12-16 2013-11-19
580 SHARES SONOCO PRODUCTS P 2009-04-22 2013-11-22
520 SHARES DUPONT E I DE NEMOURS P 2009-11-09 2013-11-22
$45,000 AGCO OBLIGOR LLC P 2008-12-05 2013-12-01
235 SHARES LOCKHEED MARTIN P 2011-01-12 2013-12-03
940 SHARES ITT EXELIS P 2012-09-13 2014-01-16
765 SHARES ITT EXELIS P 2012-09-13 2014-01-21
270 SHARES ITT EXELIS P 2012-09-13 2014-01-28
1,075 SHARES ITT EXELIS P 2013-04-03 2014-01-28
465 SHARES MERCK & CO P 2009-02-25 2014-01-29
35 SHARES LOCKHEED MARTIN P 2011-10-04 2014-02-25
165 SHARES LOCKHEED MARTIN P 2013-02-25 2014-02-25
$5,000 LASALLE TX PUB FAC 9.5% P 2010-09-01 2014-03-01
360 SHARES DOW CHEMICAL P 2013-04-04 2014-03-03
$65,000 NH ST BUS FIN 7.5% P 2009-12-30 2014-03-06
410 SHARES LYONDELLBASELL IND P 2012-09-04 2014-03-06
825 SHARES DIEBOLD P 2012-11-19 2014-03-06
2,840 SHARES GIANT INTERACTIVE GROUP P 2013-09-16 2014-03-12
280 SHARES ALLIANCE RESOURCE PARTNERS LP P 2009-09-21 2014-03-26
730 SHARES DIEBOLD P 2013-04-03 2014-03-26
670 SHARES MICROCHIP TECHNOLOGY P 2012-11-16 2014-04-08
110 SHARES MICROCHIP TECHNOLOGY P 2013-04-17 2014-04-08
$25,000 NJ ECON DEV AUTH 9.25% P 2011-03-08 2014-05-01
500 SHARES CONOCO PHILLIPS P 2008-12-16 2014-06-09
530 SHARS ABBVIE P 2013-01-30 2014-06-10
165 SHARES LOCKHEED MARTIN P 2011-10-04 2014-06-11
1,045 SHARES DUPONT E I DE NEMOURS P 2009-11-24 2014-06-17
415 SHARES LYONDELLBASELL IND P 2012-09-05 2014-06-18
$5,000 DKLB COUNTY 8.25% P 2011-08-25 2014-07-01
315 SHARES GARMIN P 2013-02-01 2014-07-09
235 SHARES GARMIN P 2013-02-01 2014-07-10
475 SHARES GARMIN P 2013-02-01 2014-07-17
210 SHARES CONOCO PHILLIPS P 2012-05-01 2014-07-21
195 SHARES CONOCO PHILLIPS P 2014-02-05 2014-07-21
$15,000 AFCO OBLIGOR LLC P 2012-07-20 2014-07-31
$50,000 CHEROKEE COUNTY GA 9% P 2007-05-08 2014-07-28
$5,000 TX ST PUB FIN 9% P 2011-09-09 2014-08-01
1,260 SHARES ALLIANCE RESOURCE PARTNERS LP P 2009-09-21 2014-08-11
520 SHARES SUBURBAN PROPANE PARTNERS P 2013-01-07 2014-08-14
500 SHARES SUBURBAN PROPANE PARTNERS P 2013-02-07 2014-08-14
455 SHARES SEAGATE TECHNOLOGY P 2012-06-22 2014-09-02
325 SHARES CONOCO PHILLIPS P 2014-02-05 2014-09-10
1,005 SHARES LEGGETT & PLATT P 2010-01-08 2014-09-10
190 SHARES LYONDELLBASEL IND P 2012-11-16 2014-09-12
685 SHARES INTEL P 2011-08-11 2014-09-22
470 SHARES NUCOR P 2011-09-09 2014-09-24
158 SHARES ISHARES MSCI UK P    
254 SHARES ISHARES JAPAN P    
63 SHARES ISHARES IBOXX $ INV MNT GRD CORP P    
154 SHARES ISHARES 1-3 YR TREAS P    
128 ISHARES RUSSELL MID-CAP VALUE P    
103 ISHARES RUSSELL MID-CAP GROWTH P    
40 SHARES ISHARES CORE S&P SMALL-CAP P    
39 SHARES ISHARES S&P SMALL-CAP 600 VALUE P    
79 SHARES ISHARES IBOXX $ HI YIELD CORP P    
185 SHARES ISHARES US PREF STOCK P    
238 SHARES SPDR S&P HOMEBUILDERS P    
24 SHARES SPDR GOLD TR GOLD SHS P    
72 SHARES VANGUARD CONSUMER STAPLES VI P    
99 SHARES VANGUARD REIT ETF INDEX P    
686.369 SHARES MANAGERS AMG YACKMAN FUND SERVICE P    
310.734 SHARES T ROWE PRICE CAPITAL APPRECIATION INVESTOR P    
$5,000 AETNA P    
$2,000 AIR LEASE CORP P    
49 SHARES ALTRIA P    
$2,000 ALTRIA P    
37 SHARES AMERICAN EXPRESS P    
$2,000 AMERICAN TOWER CORP P    
11 SHARES ANHEUSER BUSCH INBEV P    
20 SHARES ANHEUSER BUSCH INBEV P    
17 SHARES AON PLC P    
21 SHARES APPLE P    
49 SHARES AT&T P    
71 SHARES BANK UNITED P    
32 SHARES BANK UNITED P    
$2,000 BARCLAYS BANK P    
7 SHARES BERKSHIRE HATHAWAY P    
17 SHARES BERKSHIRE HATHAWAY P    
26 SHARES BP PLC P    
44 SHARES BRISTOL-MYERS SQUIBB P    
10 SHARES BRITISH AMERICAN TOBACCO PLC P    
89 SHARES BROADRIDGE FINANCIAL SOLUTIONS P    
90 SHARES CASEY'S GENERAL STORES P    
$5,000 CITIGROUP P    
$5,000 CITIGROUP P    
21 SHARES CLOROX P    
23 SHARES CLOROX P    
$3,000 CME GROUP P    
43 SHARES COCA COLA P    
20 SHARES COCA COLA P    
32 SHARES COCA COLA P    
30 SHARES COLGATE PALMOLIVE P    
16 SHARES COLGATE PALMOLIVE P    
$5,000 COLGATE PALMOLIVE P    
$2,000 COMCAST CORP P    
143 SHARES COOPER TIRE & RUBBER P    
7 SHARES CREDICORP LTD P    
34 SHARES DARDEN RESTAURANTS P    
202 SHARES DONEGAL GROUP P    
$5,000 DUPONT E I DENEMOURS P    
15 SHARES EBAY P    
10 SHARES ECOLAB P    
57 SHARES FRANCO NEVADA CORP P    
79 SHARES GENERAL ELECTRIC P    
36 SHARES GENERAL MILLS P    
22 SHARES GLAXO SMITHKLINE P    
$5,000 GOLDMAN SACHS GROUP INC P    
1 SHARES GOOGLE CLASS A P    
1 SHARE GOOGLE CLASS A P    
2 SHARES GOOGLE CLASS C P    
107 SHARES GREENLIGHT CAPITAL P    
28 SHARES HONDA MOTOR LTD P    
20 SHARES HSBC HOLDINGS PLC P    
5 SHARES INTERCONTINENTAL EXCHANGE P    
$5,000 INTERNATIONAL GAME TECHNOLOGY P    
$5,000 JABIL CIRCUIT INC P    
$5,000 JEFFRIES GROUP P    
21 SHARES JOHNSON & JOHNSON P    
11 SHARES JOHNSON & JOHNSON P    
$2,000 JP MORGAN CHASE P    
17 SHARES KIMBERLY CLARK P    
33 SHARES KRAFT FOODS P    
19 SHARES KRAFT FOODS P    
$5,000 KRAFT FOODS P    
15 SHARES LAS VEGAS SANDS P    
17 SHARES LOCKHEED MARTIN P    
7 SHARES LOCHEED MARTIN P    
20 SHARES MASTERCARD P    
13 SHARES MASTERCARD P    
35 SHARES MCDONALDS P    
39 SHARES MERCK & CO P    
55 SHARES MICROSOFT P    
$2,000 MICROSOFT P    
37 SHARES MONDELEZ INTERNATIONAL P    
8 SHARES MONSANTO P    
$5,000 MORGAN STANLEY P    
$5,000 MURPHY OIL CO P    
$2,000 NASDAQ OMX GROUP P    
29 SHARES NCR P    
16 SHARES NESTLE P    
15 SHARES NORTHERN TR CORP P    
134 SHARES PEOPLES UNITED FINANCIAL P    
21 SHARES PEPSICO P    
12 SHARES PEPSICO P    
62 SHARES PFIZER P    
12 SHARES PHILLIP MORRIS P    
$2,000 PNC FUNDING CORP P    
11 SHARES T ROWE PRICE GROUP P    
1 SHARE PRICELINE P    
42 SHARES PROCTER & GAMBLE P    
13 SHARES QUALCOMM P    
67 SHARES REYNOLDS AMERICAN P    
16 SHARES ROYAL DUTCH SHELL P    
21 SHARES SABMILLER PLC P    
$2,000 SAFEWAY P    
20 SHARES SANOFI P    
13 SHARES SAP AG P    
28 SHARES SEAGATE TECHNOLOGY P    
$5,000 SHELL INTERNATIONAL P    
62 SHARES SOUTHWEST AIRLINES P    
47 SHARES SOUTHWEST AIRLINES P    
13 SHARES STARBUCKS CORP P    
13 SHARES STARWOOD HOTELS P    
52 SHARES SYSCO CORP P    
20 SHARES THE HERSHEY CO P    
10 SHARES THE HERSHEY CO P    
213 SHARES THIRD POINT REINSURANCE P    
18 SHARES TIME WARNER CABLE P    
$5,000 TIME WARNER CABLE P    
9 SHARES TOYOTA MOTOR CORP P    
64 SHARES UBS AG P    
27 SHARES UNILEVER P    
53 SHARES UNILEVER P    
$5,000 VALLEY NATIONAL BANCORP P    
$2,000 VERIZON COMMUNICATIONS P    
9 SHARES VERIZON COMMUNICATIONS P    
0.9939 SHARES VERIZON COMMUNICATIONS P    
4 SHARES VISA P    
10 SHARES VISA P    
20 SHARES VODAFONE GROUP PLC P    
0.72738 SHARES VODAFONE GROUP PLC P    
23 SHARES WALMART P    
27 SHARES WALMART P    
$2,000 WELLS FARGO COMPANY P    
111 SHARES WESTERN UNION P    
27 SHARES WILLIS GROUP HOLDINGS PUBLIC LTD P    
75,000 SHARES MARINER SILVERMINE FUND OFFSHORE LTD P 2013-07-19 2014-06-30
187.8860 SHARES MARINER INTERNATIONAL VOYAGER CLASS A P 2006-09-30 2014-03-31
14,988.5672 SHARES LOEB OFFSHORE FUND LTD CLASS A P 2011-11-09 2014-01-01
(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 740,107   723,056 17,051
b 355,531   342,931 12,600
c 424,018   410,123 13,895
d 160,686   154,807 5,879
e 6,401   6,239 162
245,090   203,404 41,686
286,010   274,169 11,841
398,626   337,276 61,350
84,007   75,390 8,617
13,274   8,760 4,514
7,348   4,857 2,491
46,722   28,907 17,815
19,945   21,944 -1,999
8,792   5,116 3,676
9,054   7,138 1,916
23,524   10,886 12,638
4,839   4,081 758
26,240   15,711 10,529
26,807   18,791 8,016
23,505   21,381 2,124
20,000   20,000 0
28,678   18,576 10,102
24,249   12,450 11,799
22,830   13,083 9,747
31,936   17,346 14,590
45,000   45,000 0
32,656   16,958 15,698
18,783   9,825 8,958
15,429   7,996 7,433
5,336   2,822 2,514
21,246   11,870 9,376
24,320   13,542 10,778
5,781   2,496 3,285
27,253   14,494 12,759
5,000   5,000 0
17,370   11,354 6,016
66,950   65,000 1,950
37,423   19,051 18,372
31,242   24,165 7,077
31,632   24,702 6,930
23,380   12,247 11,133
29,044   21,795 7,249
31,336   18,477 12,859
5,145   3,737 1,408
25,000   25,000 0
40,349   24,631 15,718
28,203   19,636 8,567
27,209   14,494 12,715
70,950   38,910 32,040
40,765   20,452 20,313
5,000   5,000 0
18,094   12,153 5,941
13,520   9,067 4,453
26,817   16,978 9,839
17,758   11,883 5,875
16,489   19,276 -2,787
15,000   15,150 -150
50,000   50,000 0
5,000   5,000 0
60,226   29,199 31,027
22,835   21,150 1,685
21,957   20,398 1,559
28,051   11,398 16,653
25,355   20,597 4,758
35,324   20,909 14,415
21,214   8,728 12,486
23,784   13,954 9,830
26,252   15,574 10,678
3,182   3,019 163
2,896   3,027 -131
7,293   7,557 -264
13,014   12,984 30
8,283   7,553 730
8,570   7,531 1,039
4,123   3,593 530
4,111   3,617 494
7,324   7,520 -196
6,998   7,577 -579
7,566   7,587 -21
2,932   3,058 -126
7,508   7,540 -32
6,748   7,497 -749
16,730   15,299 1,431
8,446   7,667 779
6,164   6,371 -207
2,128   2,039 89
2,016   1,810 206
2,585   2,687 -102
3,494   3,260 234
2,182   2,153 29
1,225   1,073 152
2,228   1,961 267
1,509   1,111 398
1,922   1,370 552
1,696   1,813 -117
2,380   1,808 572
1,073   1,006 67
2,172   2,160 12
888   782 106
2,155   1,913 242
1,328   1,118 210
2,058   1,795 263
1,183   1,148 35
3,611   3,284 327
6,640   6,030 610
4,843   4,725 118
4,918   4,932 -14
1,890   1,818 72
2,070   1,975 95
2,955   2,963 -8
1,736   1,818 -82
807   764 43
1,297   1,222 75
2,028   1,812 216
1,082   986 96
4,593   4,614 -21
2,000   1,971 29
4,186   3,299 887
1,090   1,048 42
1,658   1,808 -150
3,008   3,044 -36
5,243   5,253 -10
721   830 -109
1,073   873 200
2,831   3,033 -202
2,121   1,805 316
1,938   1,803 135
1,186   1,137 49
5,047   5,040 7
553   440 113
553   594 -41
1,090   1,031 59
3,591   3,309 282
963   1,147 -184
1,032   1,135 -103
950   866 84
5,118   5,244 -126
4,972   4,939 33
2,476   2,448 28
2,147   1,798 349
1,125   1,002 123
1,940   1,902 38
1,860   1,764 96
1,936   1,795 141
1,114   1,017 97
5,070   5,065 5
1,083   872 211
2,758   1,733 1,025
1,136   1,087 49
1,507   1,114 393
980   999 -19
3,491   3,325 166
2,264   1,795 469
2,213   1,805 408
1,888   1,872 16
1,367   1,135 232
960   856 104
5,017   4,872 145
4,903   4,808 95
2,202   2,176 26
924   871 53
1,224   1,115 109
922   829 93
1,972   1,817 155
1,822   1,745 77
1,041   975 66
1,815   1,811 4
1,050   1,129 -79
2,013   2,012 1
890   827 63
1,223   772 451
3,341   3,256 85
1,022   843 179
3,958   3,270 688
1,268   1,104 164
1,201   1,151 50
2,067   2,096 -29
1,063   1,100 -37
967   1,070 -103
1,505   1,125 380
5,038   5,057 -19
1,582   866 716
1,199   998 201
951   816 135
1,010   876 134
1,944   1,788 156
1,927   1,773 154
963   1,021 -58
3,251   3,300 -49
2,549   1,766 783
5,568   5,163 405
1,018   1,123 -105
1,247   1,150 97
1,179   1,122 57
2,314   2,016 298
5,208   5,103 105
2,506   2,608 -102
430   414 16
47   46 1
844   716 128
2,110   2,222 -112
648   1,091 -443
30   40 -10
1,737   1,802 -65
2,040   1,981 59
2,056   2,035 21
1,762   1,806 -44
1,143   1,114 29
7,486,367   7,500,000 -13,633
189,286   182,685 6,601
2,722,573   2,452,753 269,820
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       17,051
b       12,600
c       13,895
d       5,879
e       162
      41,686
      11,841
      61,350
      8,617
      4,514
      2,491
      17,815
      -1,999
      3,676
      1,916
      12,638
      758
      10,529
      8,016
      2,124
      0
      10,102
      11,799
      9,747
      14,590
      0
      15,698
      8,958
      7,433
      2,514
      9,376
      10,778
      3,285
      12,759
      0
      6,016
      1,950
      18,372
      7,077
      6,930
      11,133
      7,249
      12,859
      1,408
      0
      15,718
      8,567
      12,715
      32,040
      20,313
      0
      5,941
      4,453
      9,839
      5,875
      -2,787
      -150
      0
      0
      31,027
      1,685
      1,559
      16,653
      4,758
      14,415
      12,486
      9,830
      10,678
      163
      -131
      -264
      30
      730
      1,039
      530
      494
      -196
      -579
      -21
      -126
      -32
      -749
      1,431
      779
      -207
      89
      206
      -102
      234
      29
      152
      267
      398
      552
      -117
      572
      67
      12
      106
      242
      210
      263
      35
      327
      610
      118
      -14
      72
      95
      -8
      -82
      43
      75
      216
      96
      -21
      29
      887
      42
      -150
      -36
      -10
      -109
      200
      -202
      316
      135
      49
      7
      113
      -41
      59
      282
      -184
      -103
      84
      -126
      33
      28
      349
      123
      38
      96
      141
      97
      5
      211
      1,025
      49
      393
      -19
      166
      469
      408
      16
      232
      104
      145
      95
      26
      53
      109
      93
      155
      77
      66
      4
      -79
      1
      63
      451
      85
      179
      688
      164
      50
      -29
      -37
      -103
      380
      -19
      716
      201
      135
      134
      156
      154
      -58
      -49
      783
      405
      -105
      97
      57
      298
      105
      -102
      16
      1
      128
      -112
      -443
      -10
      -65
      59
      21
      -44
      29
      -13,633
      6,601
      269,820
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 2 921,958
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 3,823,838 74,001,111 0.051673
2011 4,048,977 80,449,991 0.050329
2010 4,183,619 83,518,313 0.050092
2009 4,901,657 81,896,079 0.059852
2008 3,815,760 86,159,160 0.044287
2 Total of line 1, column (d) ...................... 2 0.256233
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 0.051247
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 69,813,203
5 Multiply line 4 by line 3....................... 5 3,577,717
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 25,903
7 Add lines 5 and 6......................... 7 3,603,620
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,758,571
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 25,903
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 25,903
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 25,903
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 71,736
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 13,750
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 85,486
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 59,583
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet59,583 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 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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)
    bulletFL
    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 addressbulletN/A
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (561) 835-1313
    Located atbullet251 ROYAL PALM WAY SUITE 400PALM 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
    SIMSES ASSOCIATES PA PRESIDENT/CEO/DIRECTOR
    30.00     		368,333 40,729 0
    251 ROYAL PALM WAY SUITE 400
    PALM BEACH,FL33480
    PAULINE BAKER PITT DIRECTOR
    20.00     		133,500 30,594 0
    320 TANGIER AVENUE
    PALM BEACH,FL33480
    HONORABLE LESLEY STOCKARD SMITH DIRECTOR
    10.00     		27,000 0 0
    300 CHAPEL HILL ROAD
    PALM BEACH,FL33480
    WARNER DEPUY DIRECTOR
    15.00     		62,000 0 0
    84 W PARK PLACE 3RD FLOOR
    STAMFORD,CT06902
    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
    LUCAS KRUPINSKI INVESTMENT MANAGER
    20.00     		50,168 0 0
    526 S PALM WAY
    LAKE WORTH,FL33460
    Total number of other employees paid over $50,000...................bullet 1
    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
    BERKMAN JORGENSEN MASTERS & STAFMAN LLC ACCOUNTING & TAX 59,344
    1000 WEST MCNAB ROAD SUITE 319
    POMPANO BEACH,FL33069
    Total number of others receiving over $50,000 for professional services.............bullet1
    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 (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  
    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
    3,490,660
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    25,903
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    25,903
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,464,757
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,464,757
    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
    3,464,757
    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 3,464,757
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009....... 833,710
    c From 2010....... 64,799
    d From 2011....... 108,415
    e From 2012....... 270,706
    fTotal of lines 3a through e......... 1,277,630
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 3,758,571
    a Applied to 2012, 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 2013 distributable amount..... 3,464,757
    e Remaining amount distributed out of corpus 293,814
    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 1,571,444
    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 ......     		1,571,444
    10 Analysis of line 9:
    a Excess from 2009.... 833,710
    b Excess from 2010.... 64,799
    c Excess from 2011.... 108,415
    d Excess from 2012.... 270,706
    e Excess from 2013.... 293,814
    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 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 (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
    ACHIEVEMENT FIRST BRIDGEPORT
    403 JAMES STREET
    NEW HAVEN,CT06513     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 200,000
    AFFPC
    309 ALLEGHENY STREET SUITE 5
    HOLIDAYSBURG,PA16648     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 500
    AMERICAN JAZZ FOUNDATION
    322 W 48TH STREET 6TH FLOOR
    NEW YORK,NY10036     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 2,500
    ANIMAL MEDICAL CENTER
    510 EAST 62ND STREET
    NEW YORK,NY10065     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 15,000
    ASPEN ART MUSEUM
    590 NORTH MILL STREET
    ASPEN,CO81611     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 8,000
    ASPEN MUSIC & FESTIVAL SCHOOL
    2 MUSIC SCHOOL ROAD
    ASPEN,CO81611     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 10,000
    BEST BUDDIES FOUNDATION
    264 US HIGHWAY 1 SUITE 20
    NORTH PALM BEACH,FL33408     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 300
    BIG BEND COMMUNITY BASEBALL & SOFTBALL DBA ALPINE COWBOYS
    301 NORTH 5TH STREET
    ALPINE,TX79830     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 2,000
    BIJOU THEATER
    275 FAIRFIELD AVENUE
    BRIDGEPORT,CT06604     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 7,500
    BOCA WEST FOUNDATION
    PO BOX 30701
    BOCA RATON,FL33431     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 200
    BOY SCOUTS OF AMERICAGULFSTREAM COUNCIL
    8335 N MILITARY TRAIL
    PALM BEACH GARDENS,FL33410     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 10,000
    BOYS & GIRLS CLUB OF BROWARD COUNTY
    877 NW 61ST STREET
    FORT LAUDERDALE,FL33309     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 25,000
    BOYS & GIRLS CLUB OF PALM BEACH COUNTY
    800 NORTHPOINT PARKWAY
    WEST PALM BEACH,FL33407     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 35,000
    BOYS & GIRLS CLUB OF STAMFORD
    347 STILLWATER AVENUE
    STAMFORD,CT06902     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 20,000
    BREAST CANCER RESEARCH FOUNDATION
    60 EAST 56TH STREET 8TH FLOOR
    NEW YORK,NY10022     		NONE HEALTH CARE CANCER RESEARCH 10,000
    BRIGHAM AND WOMEN'S HOSPITAL
    75 FRANCIS STREET
    BOSTON,MA02115     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,000
    CARDINAL NEWMAN HIGH SCHOOL
    512 SPENCER DRIVE
    WEST PALM BEACH,FL33409     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 71,050
    CASITA MARIA INC
    111 CHERRY STREET
    NEW CANAAN,CT06840     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 10,000
    CENTER FOR CREATIVE EDUCATION
    425 24TH STREET
    WEST PALM BEACH,FL334075401     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 75,000
    CHILDREN'S STOREFRONT
    70 EAST 129TH STREET
    NEW YORK,NY10035     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 20,000
    CONNECTICUT SPECIAL OLYMPICS
    2666 STATE STREET SUITE 1
    HAMDEN,CT06517     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 15,000
    CYSTIC FIBROSIS FOUNDATION
    700 SOUTH DIXIE HWY SUITE 100
    WEST PALM BEACH,FL33401     		NONE HEALTH CARE HEALTH CARE RESEARCH 2,700
    DESIGN ONSCREEN
    789 SHERMAN STREET SUITE 130
    DENVER,CO80203     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    DIOCESE OF BRIDGEPORT
    238 JEWETT AVENUE
    BRIDGEPORT,CT06606     		NONE CHURCH INSTITUTION CHARITABLE EXEMPT PURPOSE 125,000
    DOMUS FOUNDATION
    417 SHIPPAN AVENUE
    STAMFORD,CT06902     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 75,000
    DREXEL FAMILY SCHOLARSHIP FUND
    3141 CHESTNUT STREET ROOM 310
    PHILADELPHIA,PA191049084     		NONE EDUCATIONAL INSTITUT EDUCATIONAL SCHOLARSHIPS 5,000
    ELAYNE & DONALD FLAMM FOUNDATION
    251 ROYAL PALM WAY SUITE 400
    PALM BEACH,FL33480     		NONE PRIVATE FOUNDATION CHARITABLE EXEMPT PURPOSE 40,000
    ETHEL WALKER SCHOOL
    230 BUSHY HILL ROAD
    SIMSBURY,CT06070     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 20,000
    FAIRFIELD COLLEGE PREPARATORY SCHOOL
    1073 NORTH BENSON ROAD
    FAIRFIELD,CT06824     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 20,000
    FAIRFIELD UNIVERSITY
    1073 NORTH BENSON ROAD
    FAIRFIELD,CT06824     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 44,000
    FIRST PRESBYTERIAN CHURCH OF NEW CANAAN
    178 OENOKE RIDGE ROAD
    NEW CANAAN,CT06840     		NONE CHURCH INSTITUTION CHARITABLE EXEMPT PURPOSE 15,000
    FIRST TEE OF THE TREASURE COAST
    2201 SE INDIAN STREET
    STUART,FL34997     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,500
    FLORIDA STATE UNIVERSITY COLLEGE OF LAW
    A 1500 UNIVERSITY CENTER
    TALLAHASSEE,FL32306     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 99,000
    FORT DAVIS INDEPENDENT SCHOOL DISTRICT
    PO BOX 1339
    FORT DAVIS,TX79734     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 5,000
    FOUNTAIN HOUSE
    11 RIVERSIDE DRIVE SUITE 3AW
    NEW YORK,NY10023     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 500
    GLADES ACADEMY FOUNDATION INC
    ONE NORTH CLEMATIS STREET SUITE 200
    WEST PALM BEACH,FL33401     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 155,000
    GREAT GIVE PBC-COMMUNITY FOUNDATION OF PALM BEACH & MARTIN COUNTIES
    700 SOUTH DIXIE HWY SUITE 200
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 100
    GWEN KNAPP CENTER FOR LUPUS & IMMUNOLOGY
    5841 SOUTH MARYLAND AVENUE MC8092
    CHICAGO,IL60637     		NONE PUBLIC CHARITY HEALTH CARE RESEARCH 5,000
    HAS HAITI
    2840 LIBERTY AVENUE SUITE 201
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    HISTORICAL SOCIETY OF PALM BEACH COUNTY
    139 N COUNTY ROAD SUITE 25
    PALM BEACH,FL33480     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 25,000
    HORSES HEALING HEARTS
    10359 OAK MEADOW LANE
    WELLINGTON,FL33449     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,000
    HOSPICE FOUNDATION OF PALM BEACH COUNTY INC
    5300 EAST AVENNUE
    WEST PALM BEACH,FL33407     		NONE HEALTH CARE CHARITABLE EXEMPT PURPOSE 2,000
    HOUSATONIC COMMUNITY COLLEGE
    900 LAFAYETTE BLVD
    BRIDGEPORT,CT06604     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 30,000
    HUMANE SOCIETY OF THE TREASURE COAST
    4100 SW LEIGHTON FARM AVENUE
    PALM CITY,FL34990     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,500
    JOEL BARLOW ATHLETIC ASSOCIATION
    10 LAUREL DRIVE
    EASTON,CT06612     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 3,000
    KEEWAYDIN FOUNDATION
    950 WEST SHORE ROAD
    SALISBURY,VT05769     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 6,000
    KIPS BAY BOYS & GIRLS CLUB
    200 LEXINGTON AVENUE
    NEW YORK,NY10016     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 500
    KOLBE CATHOLIC HIGH SCHOOL
    33 CALHOUN PLACE
    BRIDGEPORT,CT06604     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 25,000
    LANDMARK COLLEGE
    1 RIVER ROAD S
    PUTNEY,VT05346     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 20,000
    LAURALTON HALL CATHOLIC SCHOOL FOR GIRLS
    200 HIGH STREET
    MILFORD,CT06460     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 20,000
    LESTER STOCKARD SCHOLARSHIP FUND
    9995 N MILITARY TRAIL
    PALM BEACH GARDENS,FL334109650     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 50,000
    LOGGERHEAD MARINE LIFE CENTER
    14200 US HIGHWAY ONE
    JUNO BEACH,FL33408     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 4,600
    LYME RESEARCH ALLIANCE
    2001 WEST MAIN STREET SUITE 28
    STAMFORD,CT06902     		NONE HEALTH CARE CHARITABLE EXEMPT PURPOSE 25,000
    MARCH OF DIMES
    140 SHERMAN STREET 200
    FAIRFIELD,CT06824     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,500
    MARFA BALLROOM
    108 E SAN ANTONIO
    MARFA,TX79843     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    MARGOUX'S MIRACLE FOUNDATION
    2601 NW 29TH DRIVE
    BOCA RATON,FL33434     		NONE PUBLIC CHARITY CANCER RESEARCH 10,500
    MARITIME AQUARIUM
    10 NORTH WATER STREET
    NORWALK,CT06854     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 2,000
    MCGIVNEY CENTER
    PO BOX 5220
    BRIDGEPORT,CT06610     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 35,000
    MUSEUM OF THE BIG BEND
    400 N HARRISON STREET SUITE C-101
    ALPINE,TX79832     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 30,000
    MYSTIC SEAPORT
    75 GREENMANVILLE AVENUE
    MYSTIC,CT06355     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 45,000
    NATIONAL CAMPAIGN TO STOP THE VIOLENCE
    2021 MASSACHUSETTS AVENUE NW
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 30,000
    NECESSITIES INC
    46 CATOONAH STREET
    RIDGEFIELD,CT06877     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 15,000
    NEW CANAAN HIGH SCHOOL SCHOLARSHIP FUND
    11 FARM ROAD
    NEW CANAAN,CT06840     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 2,500
    NEW HOPE CHARITIES INC
    626 NORTH DIXIE HIGHWAY
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 22,000
    NEXT STAGE ARTS PROJECT INC
    15 KIMBALL HILL
    PUTNEY,VT05346     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 10,000
    NORTON MUSEUM OF ART
    1451 SOUTH OLIVE AVENUE
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    NORWALK COMMUNITY COLLEGE FOUNDATION
    188 RICHARDS AVENUE
    NORWALK,CT06854     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 20,000
    NOTRE DAME HIGH SCHOOL
    220 JEFFERSON STREET
    FAIRFIELD,CT06432     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 25,000
    NOVA SOUTHEASTERN UNIVERSITY
    3301 COLLEGE AVENUE 1ST FLOOR
    FORT LAUDERDALE,FL33314     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 10,000
    PALM BEACH COUNTY SHERIFF'S FOUNDATION
    3228 GUN CLUB ROAD
    WEST PALM BEACH,FL33106     		NONE PUBLIC SAFETY CHARITABLE EXEMPT PURPOSE 20,000
    PALM BEACH DAY ACADEMY
    241 SEAVIEW AVENUE
    PALM BEACH,FL33480     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 95,000
    PALM BEACH POLICE FOUNDATION
    350 SOUTH COUNTY ROAD SUITE 102
    PALM BEACH,FL33480     		NONE PUBLIC SAFETY CHARITABLE EXEMPT PURPOSE 4,000
    PALM BEACH STATE COLLEGE
    4200 S CONGRESS AVENUE
    LAKE WORTH,FL33461     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 2,500
    PALM BEACH ZOO
    1301 SUMMIT BLVD
    WEST PALM BEACH,FL334053098     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 15,000
    PAR 3 FOUNDATION INC
    251 ROYAL PALM WAY SUITE 400
    PALM BEACH,FL33480     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    PEGGY ADAMS ANIMAL RESCUE LEAGUE
    3200 N MILITARY TRAIL
    WEST PALM BEACH,FL334092733     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 60,000
    PEN AMERICAN CENTER
    162 WEST 56TH STREET SUITE 405
    NEW YORK,NY10019     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,000
    PEQUOT LIBRARY
    720 PEQUOT AVENUE
    SOUTHPORT,CT06890     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    PERSON TO PERSON
    1864 POST ROAD
    DARIEN,CT06820     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 18,000
    PETER PAN CHILDREN'S FUND
    PO BOX 388
    POUND RIDGE,NY10576     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 15,000
    PREP FOR PREP
    328 WEST 71ST STREET
    NEW YORK,NY10023     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 20,000
    PRESERVATION FOUNDATION OF PALM BEACH
    311 PERUVIAN AVENUE
    PALM BEACH,FL33480     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 22,000
    PRESS CLUB OF DALLAS INC
    1126 POST OAK
    IRVING,TX75061     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 2,500
    ROOSEVELT HIGH SCHOOL CLASS OF '57
    PO BOX 9124
    RIVIERA BEACH,FL33419     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 10,000
    SACRED HEART UNIVERSITY
    5151 PARK AVENUE
    FAIRFIELD,CT068251000     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 135,000
    SAVE OUR MAIN STREET CO THE PALM BEACH CIVIC ASSOCIATION
    139 NORTH COUNTY ROAD
    PALM BEACH,FL33480     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    SHELBURNE MUSEUM
    US ROUTE 7
    SHELBURNE,VT05482     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 50,000
    SHEPERDS INC
    PO BOX 320513
    FAIRFIELD,CT06432     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 20,000
    SOUTH FLORIDA SCIENCE CENTER & AQUARIUM
    4801 DREHER TRAIL NORTH
    WEST PALM BEACH,FL33405     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 13,500
    SPECIAL OLYMPICS FLORIDA
    1915 DON WICKHAM DRIVE
    CLERMONT,FL34711     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,000
    ST ANN PLACE
    2107 NORTH DIXIE HIGHWAY
    WEST PALM BEACH,FL33407     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 100,000
    ST CLARE SCHOOL
    821 PROSPERITY FARMS ROAD
    NORTH PALM BEACH,FL33408     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 80,000
    ST EDWARDS SCHOOL
    1895 SAINT EDWARDS DRIVE
    VERO BEACH,FL32963     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 15,000
    ST JOSEPH'S HIGH SCHOOL
    2320 HUNTINGTON TURNPIKE
    TRUMBULL,CT06611     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 25,000
    SUMMER THEATER OF NEW CANAAN
    70 PINE STREET
    NEW CANAAN,CT06840     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 25,000
    SUSAN G KOMEN BREAST CANCER FOUNDATION
    5305 GREENWOOD AVENUE SUITE 103
    WEST PALM BEACH,FL33407     		NONE HEALTH CARE CANCER RESEARCH 5,000
    THE ALS ASSOCIATION FLORIDA CHAPTER
    3242 PARKSIDE CENTER CIRCLE
    TAMPA,FL33619     		NONE HEALTH CARE CHARITABLE EXEMPT PURPOSE 5,000
    THE BUDDY PROGRAM
    110 EAST HALLAM STREET SUITE 125
    ASPEN,CO81611     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 10,000
    THE CHAPIN SCHOOL
    100 EAST END AVENUE
    NEW YORK,NY101300041     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 10,000
    THE FRAMEWORK CHILDREN'S COUNCIL INC
    130 ISLAND DRIVE
    OCEAN RIDGE,FL33435     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 50,000
    THE JIMMY AWARDS
    226 WEST 47TH STREET 9TH FLOOR
    NEW YORK,NY10036     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 10,000
    THE KINGS ACADEMY
    2345 3RD AVENUE
    NEW YORK,NY10035     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 7,500
    THE KINGS COLLEGE
    52 BROADWAY
    NEW YORK,NY10004     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 75,000
    THE OXBRIDGE ACADEMY OF THE PALM BEACHES
    3151 NORTH MILITARY TRAIL
    WEST PALM BEACH,FL33409     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 40,000
    THE PALM BEACH FLAPPERS
    22 ROYAL POINCIANA WAY 206
    PALM BEACH,FL33480     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,000
    THE SOCIETY OF THE FOUR ARTS
    2 FOUR ARTS PLAZA
    PALM BEACH,FL33480     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    THE UMBRELLA CLUB
    PO BOX 112238
    STAMFORD,CT06911     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 2,500
    TOWN OF PALM BEACH UNITED WAY
    44 COCOANUT ROW M201
    PALM BEACH,FL33480     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,000
    TRINITY CATHOLIC HIGH SCHOOOL
    926 NEWFIELD AVENUE
    STAMFORD,CT06905     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 20,000
    UNITED STATES SAILING ASSOCIATION
    15 MARITIME DRIVE
    PORTSMOUTH,RI02871     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 10,000
    UNIVERSITY OF CENTRAL FLORIDA
    4000 CENTRAL FLORIDA BLVD
    ORLANDO,FL32816     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 10,000
    UNIVERSITY OF CONNECTICUT - STAMFORD
    1 UNIVERSITY PLACE
    STAMFORD,CT06901     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 35,000
    UNIVERSITY OF FLORIDA
    PO BOX 114025
    GAINESVILLE,FL32611     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 15,000
    UNQUOWA SCHOOL
    981 STRATFIELD ROAD
    FAIRFIELD,CT06825     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 20,000
    VILLA MARIA EDUCATION CENTER
    161 SKY MEADOW DRIVE
    STAMFORD,CT06903     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 20,000
    WAKE FOREST UNIVERSITY
    PO BOX 7246
    WINSTON SALEM,NC27109     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 40,000
    WATERSIDE SCHOOL
    535 FAIRFIELD AVENUE
    STAMFORD,CT06902     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 100,000
    WEST PALM BEACH LIBRARY FOUNDATION INC
    411 CLEMATIS STREET
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 10,000
    WESTON PLAYHOUSE THEATRE
    703 MAIN STREET
    WESTON,VT05161     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 5,000
    WILLBURN FELLOWSHIP CO NEW CANAAN HIGH SCHOOL
    11 FARM ROAD
    NEW CANAAN,CT06840     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 10,000
    WILLIAM PITT CHILD DEVELOPMENT CENTER
    195 HILLANDALE AVENUE
    STAMFORD,CT06902     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 30,000
    WXEL PUBLIC BROADCASTING CORPORATION
    3401 SOUTH CONGRESS AVENUE
    BOYNTON BEACH,FL33426     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 1,000
    YALE CENTER FOR FAITH & CULTURE
    157 CHURCH STREET
    NEW YORK,NY065102100     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 30,000
    YELLOW BARN INC
    63 MAIN STREET
    PUTNEY,VT05346     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 5,000
    YERWOOD CENTER
    90 FAIRFIELD AVENUE
    STAMFORD,CT06902     		NONE EDUCATIONAL INSTITUT CHARITABLE EXEMPT PURPOSE 7,500
    YMCA OF NEW CANAAN
    564 SOUTH AVENUE
    NEW CANAAN,CT06840     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 2,500
    YMCA OF THE PALM BEACHES
    2085 SOUTH CONGRESS AVENUE
    WEST PALM BEACH,FL33406     		NONE PUBLIC CHARITY CHARITABLE EXEMPT PURPOSE 40,000
    Total .................................bullet 3a 3,044,450
    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 ............     		    14 586,531  
    4 Dividends and interest from securities....     14 612,006  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531120 610,527      
    bNot debt-financed property.....     16 393,821  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     18 3,011  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 921,958  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aUNREALIZED GAINS/LOSSES     18 753,798  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 610,527 3,271,125 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,881,652
    (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:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 59,344 29,672   29,672
    AUDIT 0 0   0

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

    TY 2013 DepreciationSchedule
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND - DANBURY 2000-09-09 316,462   L   0 0    
    BUILDING - DANBURY 2000-09-09 219,323 73,111 SL 39.000000000000 5,624 5,624    
    LAND IMPROVEMENTS - DANBURY 2000-09-09 14,215 12,323 SL 15.000000000000 948 948    
    LAND - DARIEN 2000-09-09 387,207   L   0 0    
    BUILDING - DARIEN 2000-09-09 202,142 67,379 SL 39.000000000000 5,183 5,183    
    LAND IMPROVEMENTS - DARIEN 2000-09-09 25,651 22,230 SL 15.000000000000 1,710 1,710    
    LAND - PARKWAY 2000-09-09 700,760   L   0 0    
    BUILDING - PARKWAY 2000-09-09 204,017 68,004 SL 39.000000000000 5,231 5,231    
    LAND IMPROVEMENTS - PARKWAY 2000-09-09 10,223 8,865 SL 15.000000000000 682 682    
    LAND - WESTPORT 2000-09-09 612,939   L   0 0    
    BUILDING - WESTPORT 2000-09-09 667,061 222,352 SL 39.000000000000 17,104 17,104    
    FURNITURE - FLORIDA 2004-02-12 10,000 5,000 SL 7.000000000000 0 0    
    FURNITURE - FLORIDA 2004-02-13 7,000 3,500 SL 7.000000000000 0 0    
    IMPROVEMENTS - FLORIDA 2002-10-01 14,155 14,155 SL 15.000000000000 0 0    
    IMPROVEMENTS - FLORIDA 2004-03-08 4,240 1,340 SL 15.000000000000 141 0    
    IMPROVEMENTS - FLORIDA 2004-03-23 57,080 18,078 SL 15.000000000000 1,903 0    
    IMPROVEMENTS - FLORIDA 2004-05-04 6,768 2,147 SL 15.000000000000 226 0    
    IMPROVEMENTS - FLORIDA 2005-03-01 10,000 5,669 SL 15.000000000000 667 0    
    LAND IMPROVEMENTS - DANBURY 2005-03-01 10,000 5,669 SL 15.000000000000 667 667    
    LAND IMPROVEMENTS - DANBURY 2006-03-01 12,820 6,412 SL 15.000000000000 855 855    
    LAND IMPROVEMENTS - DANBURY 2005-03-01 700 328 SL 15.000000000000 47 47    
    FURNITURE - FLORIDA 2006-01-01 14,269 12,992 SL 7.000000000000 0 0    
    IMPROVEMENTS - FLORIDA 2006-01-01 13,179 5,384 SL 15.000000000000 879 0    
    FURNITURE - FLORIDA 2008-09-30 8,193 2,998 SL 7.000000000000 585 0    
    FURNITURE - FLORIDA 2010-01-19 5,802 1,449 SL 7.000000000000 414 0    
    IMPROVEMENTS - FLORIDA 2009-11-05 19,670 2,296 SL 15.000000000000 656 0    
    LEXMARK PRINTER 2013-04-15 2,250 169 SL 5.000000000000 450 0    
    CONFERENCE CHAIRS 2013-08-15 8,248 103 SL 10.000000000000 825 0    
    ROOF/SIDING/HVAC 2012-11-15 176,794 3,867 ADS 40.000000000000 4,420 4,420    
    RECEPTION COUCH & CHAIR 2013-11-20 4,542   SL 10.000000000000 227 0    
    COMPUTER 2014-04-14 795   SL 5.000000000000 80 0    

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STATE STREET MARKETABLE SECURITIES` 3,213,329 3,213,329
    MATTINGLY HITTING PRODUCTS 50,000 50,000
    TD AMERITRADE 31,138 31,138

    TY 2013 InvestmentsLandSchedule2
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND - DANBURY 316,462 0 316,462  
    BUILDING - DANBURY 219,323 78,735 140,588  
    LAND IMPROVEMENTS - DANBURY 14,215 13,271 944  
    LAND - DARIEN 387,207 0 387,207  
    BUILDING - DARIEN 202,142 72,562 129,580  
    LAND IMPROVEMENTS - DARIEN 25,651 23,940 1,711  
    LAND - PARKWAY 700,760 0 700,760  
    BUILDING - PARKWAY 204,017 73,235 130,782  
    LAND IMPROVEMENTS - PARKWAY 10,223 9,547 676  
    LAND - WESTPORT 612,939 0 612,939  
    BUILDING - WESTPORT 667,061 239,456 427,605  
    LAND IMPROVEMENTS - DANBURY 10,000 6,336 3,664  
    LAND IMPROVEMENTS - DANBURY 12,820 7,267 5,553  
    LAND IMPROVEMENTS - DANBURY 700 375 325  
    ROOF/SIDING/HVAC 176,794 8,287 168,507  

    TY 2013 InvestmentsOtherSchedule2
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LOEB MARATHON OFFSHORE FUND AT COST 0 0
    TRICADIA CREDIT STRATEGIES AT COST 4,530,451 4,530,451
    MARINER VOYAGER INTERNATIONAL AT COST 208,700 208,700
    TIPTREE FINANCIAL PARTNERS LP AT COST 6,479,685 4,408,635
    PALISADES OPPORTUNITIES FUND AT COST 0 0
    FIDELITY BUILDING COMPANY AT COST 2,172,917 2,640,000
    GUN MILL COMPANY AT COST 537,598 1,090,667
    QUARRY ROAD AT COST 11,752,685 28,170,000
    SOUNDVIEW FARMS LLC AT COST 3,550,330 5,844,742
    MARINER SILVERMINE OFFSHORE LLC AT COST 0 0
    PALISADES MEDIA TARTAN LLC AT COST 375,511 375,511
    FUNDAMENTAL GLOBAL PARTNERS OFFSHORE FUND LTD AT COST 12,091,721 12,091,721

    TY 2013 LandEtcSchedule2
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE - FLORIDA 10,000 10,000 0  
    FURNITURE - FLORIDA 7,000 7,000 0  
    IMPROVEMENTS - FLORIDA 14,155 14,155 0  
    IMPROVEMENTS - FLORIDA 4,240 3,601 639  
    IMPROVEMENTS - FLORIDA 57,080 48,521 8,559  
    IMPROVEMENTS - FLORIDA 6,768 5,757 1,011  
    IMPROVEMENTS - FLORIDA 10,000 6,336 3,664  
    FURNITURE - FLORIDA 14,269 12,992 1,277  
    IMPROVEMENTS - FLORIDA 13,179 6,263 6,916  
    FURNITURE - FLORIDA 8,193 7,680 513  
    FURNITURE - FLORIDA 5,802 4,764 1,038  
    IMPROVEMENTS - FLORIDA 19,670 12,787 6,883  
    LEXMARK PRINTER 2,250 619 1,631  
    CONFERENCE CHAIRS 8,248 928 7,320  
    RECEPTION COUCH & CHAIR 4,542 227 4,315  
    COMPUTER 795 80 715  


    TY 2013 LegalFeesSchedule
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 10,716 10,716   0


    TY 2013 OtherAssetsSchedule
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 5,600 5,600 5,600


    TY 2013 OtherExpensesSchedule
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 48 48   0
    DUES & SUBSCRIPTIONS 46 46   0
    INVESTMENT FEES 42,671 42,671   0
    TELEPHONE 9,040 1,808   7,232
    OFFICE & INTERNET 8,496 1,953   6,471
    POSTAGE 1,446 289   1,157
    CONTRIBUTIONS FROM PASS-THROUGH ENTITIES 35 0   35
    PORTFOLIO DEDUCTIONS FROM PASS-THROUGH ENTITIES 73,011 73,011   0
    NONDEDUCTIBLE EXPENSES FROM PASS-THROUGH ENTITIES 8,674 0   0
    ADMINISTRATIVE 138 138   0
    PALISADES MEDIA ASSET FUND LLC AT-RISK SUSPENDED LOSSES 152,139 152,139   0
    PALISADES OPPORTUNITIES FUND LLC 5,025 5,025   0
    OPERATING EXPENSES 226,674 136,949   0
    UTILITIES 0 0   0
    INSURANCE 3,329 3,329   0
    UTILITIES 5,729 5,729   0
    LANDSCAPING 5,929 5,929   0
    OPERATING EXPENSES 232,559 232,559   0
    OPERATING EXPENSES 344,558 60,987   0
    OPERATING EXPENSES 127,553 113,739   0
    OPERATING EXPENSES 332,176 5,481   0
    OPERATING EXPENSES 5,887 5,887   0
    AMORTIZATION 231,575 109,459   0


    TY 2013 OtherIncomeSchedule2
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SECURITIES LITIGATION SETTLEMENTS 18 18 18
    PUBLICLY-TRADED PARTNERSHIPS 15,903 15,903 15,903
    TIPTREE FINANCIAL PARTNERS LP -313 -313 -313
    TIPTREE FINANCIAL PARTNERS LP -26,156 -26,156 -26,156
    QUARRY ROAD LOT 2 LLC -13,258 -13,258 -13,258
    SOUNDVIEW FARMS LLC 834 834 834
    PALISADES TARTAN MEDIA LLC 6,717 6,717 6,717
    ENDURO ROYALTY TRUST 9,427 9,427 9,427
    TIPTREE FINANCIAL PARTNERS LP 9,839 9,839 9,839
    UNREALIZED GAINS/LOSSES 753,798 0 753,798


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    APPRAISALS 9,500 9,500   0


    TY 2013 TaxesSchedule
    Name:
    THE WILLIAM H PITT FOUNDATION INC
    EIN: 22-2570737
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL 3,617 1,809   1,808
    FOREIGN TAXES WITHHELD 4,841 4,841   0
    LICENSES & FEES 235 0   235
    FEDERAL EXCISE TAX 25,903 0   0
    SEVERANCE TAXES 851 851   0
    REAL ESTATE TAXES 71,659 71,659   0
    TAXES 64,313 64,313   0
    TAXES 260,915 46,182   0
    TAXES 217,350 193,811   0
    TAXES 5,310 5,310   0