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
QUIMBY FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 148   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, ME041120148
A Employer identification number

20-0041017
B Telephone number (see instructions)

(207) 963-2022
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$22,753,069
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 94,368 94,368  
4 Dividends and interest from securities...... 369,993 369,993  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,057,313
b Gross sales price for all assets on line 6a 9,586,229
7 Capital gain net income (from Part IV, line 2)... 1,057,313
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)....... 65,832 65,832  
12 Total. Add lines 1 through 11........ 1,587,506 1,587,506  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 172,500 0   172,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 4,496 0   4,496
16a Legal fees (attach schedule)......... 1,935 0   1,935
b Accounting fees (attach schedule)....... 9,720 4,860   4,860
c Other professional fees (attach schedule).... 127,193 106,441   20,752
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 47,115 34   11,081
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 52,078 0   52,078
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 13,050 6,344   6,706
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 428,087 117,679   274,408
25 Contributions, gifts, grants paid........ 1,778,406 1,778,406
26 Total expenses and disbursements. Add lines 24 and 25 2,206,493 117,679   2,052,814
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -618,987
b Net investment income (if negative, enter -0-) 1,469,827
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 25,421 28,231 28,231
2 Savings and temporary cash investments.......... 1,016,092 33,163 33,163
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) bullet275,000
Less: allowance for doubtful accounts bullet0 0 275,000 275,000
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 795,897    
b Investments—corporate stock (attach schedule)........ 14,070,353 Click to see attachment14,660,616 15,950,405
c Investments—corporate bonds (attach schedule)........ 2,031,960 Click to see attachment2,105,831 2,064,848
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 4,189,224 Click to see attachment4,407,119 4,401,422
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) 22,128,947 21,509,960 22,753,069
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......... 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 22,128,947 21,509,960
30 Total net assets or fund balances (see instructions)...... 22,128,947 21,509,960
31 Total liabilities and net assets/fund balances (see instructions).. 22,128,947 21,509,960
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 22,128,947
2 Enter amount from Part I, line 27a..................... 2 -618,987
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 21,509,960
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 21,509,960
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 PUBLICALLY TRADED SECURITIES P    
b
c
d
e
(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 9,586,229   8,528,916 1,057,313
b
c
d
e
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       1,057,313
b
c
d
e
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 1,057,313
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . .
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 1,346,220 22,551,216 0.059696
2012 1,553,551 20,335,849 0.076395
2011 1,427,494 17,546,457 0.081355
2010 1,646,426 17,866,259 0.092153
2009 829,254 16,897,526 0.049075
2 Total of line 1, column (d) ...................... 2 0.358674
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 0.071735
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 23,306,118
5 Multiply line 4 by line 3....................... 5 1,671,864
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 14,698
7 Add lines 5 and 6......................... 7 1,686,562
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,327,814
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 14,698
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 14,698
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 14,698
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 12,819
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 32,819
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 18,121
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet18,121 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)
    bulletME
    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. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.QUIMBYFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletDANIEL P DOIRON CPA Telephone no.bullet (207) 772-1981
    Located atbullet130 MIDDLE STREETPORTLANDME ZIP+4bullet04112
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to
    employee benefit plans
    and deferred compensation
    (e) Expense account,
    other allowances
    ROXANNE QUIMBY PRESIDENT & DIRECTOR
    15.00
    0 0 0
    PO BOX 148
    PORTLAND,ME041120148
    HANNAH QUIMBY SECRETARY & DIRECTOR
    35.00
    80,000 4,496 0
    PO BOX 148
    PORTLAND,ME041120148
    RACHELLE QUIMBY DIRECTOR
    4.00
    0 0 0
    PO BOX 148
    PORTLAND,ME041120148
    LUCAS ST CLAIR DIRECTOR
    2.00
    0 0 0
    PO BOX 148
    PORTLAND,ME041120148
    LILLIANE WILLENS DIRECTOR
    1.00
    0 0 0
    PO BOX 148
    PORTLAND,ME041120148
    REBECCA ROWE DIRECTOR
    2.00
    0 0 0
    PO BOX 148
    PORTLAND,ME041120148
    YEMAYA ST CLAIR DIRECTOR
    4.00
    0 0 0
    PO BOX 148
    PORTLAND,ME041120148
    DAN O'LEARY CHIEF EXECUTIVE OFFICER
    20.00
    92,500 0 0
    PO BOX 148
    PORTLAND,ME041120148
    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
    GOLDMAN SACHS INVESTMENT MNGMT & ADVICE 106,441
    125 HIGH STREET 17TH FLOOR
    BOSTON,MA02110
    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 LOW INTEREST LOAN MADE TO THE SALT INSTITUTE FOR DOCUMENTARY STUDIES, A SECTION 501(C)(3) ORGANIZATION 275,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet275,000
    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
    23,316,365
    b
    Average of monthly cash balances.......................
    1b
    344,668
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,661,033
    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
    23,661,033
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    354,915
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,306,118
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,165,306
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,165,306
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    14,698
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,698
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,150,608
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,150,608
    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
    1,150,608
    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
    2,052,814
    b
    Program-related investments—total from Part IX-B..................
    1b
    275,000
    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
    2,327,814
    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
    14,698
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,313,116
    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 1,150,608
    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....... 533,718
    d From 2012....... 553,487
    e From 2013....... 250,240
    fTotal of lines 3a through e......... 1,337,445
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,327,814
    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..... 1,150,608
    e Remaining amount distributed out of corpus 1,177,206
    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 2,514,651
    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 ......
    2,514,651
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 533,718
    c Excess from 2012.... 553,487
    d Excess from 2013.... 250,240
    e Excess from 2014.... 1,177,206
    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).)
    ROXANNE QUIMBY
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    QUIMBY FAMILY FOUNDATION
    PO BOX 148
    PORTLAND,ME041120148
    (207) 963-2022
    bThe form in which applications should be submitted and information and materials they should include:
    GO TO WWW.QUIMBYFAMILYFOUNDATION.ORG
    cAny submission deadlines:
    GO TO WWW.QUIMBYFAMILYFOUNDATION.ORG
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GO TO WWW.QUIMBYFAMILYFOUNDATION.ORG
    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
    317 MAIN COMMUNITY MUSIC CENTER
    317 MAIN STREET
    YARMOUTH,ME04096
    N/A PC OPERATIONAL SUPPORT 20,000
    AMERICAN FOLK FESTIVAL
    PO BOX 1206
    BANGOR,ME04402
    N/A PC OPERATIONAL SUPPORT 15,000
    APPALACHIAN TRAIL CONSERVANCY
    PO BOX 807
    HARPERS FERRY,WV25425
    N/A PC OPERATIONAL SUPPORT 30,000
    ARTVAN
    7 PARK STREET
    BATH,ME04530
    N/A PC OPERATIONAL SUPPORT 10,000
    BEEHIVE DESIGN COLLECTIVE
    101 COURT STREET
    MACHIAS,ME04654
    N/A PC OPERATIONAL SUPPORT 40,000
    BELFAST CREATIVE COALITION
    171 HIGH STREET 6
    BELFAST,ME04915
    N/A PC OPERATIONAL SUPPORT 6,000
    BICYCLE COALITION OF MAINE
    PO BOX 15272
    PORTLAND,ME04112
    N/A PC OPERATIONAL SUPPORT 15,000
    BROADREACH FAMILY & COMMUNITY SERVICES
    5 STEPHENSON LANE
    BELFAST,ME04654
    N/A PC OPERATIONAL SUPPORT 15,000
    CHOCOLATE CHURCH ARTS CENTER
    PO BOX 252
    BATH,ME04530
    N/A PC OPERATIONAL SUPPORT 15,000
    COMMUNITY BICYCLE CENTER
    PO BOX 783
    BIDDEFORD,ME04005
    N/A PC OPERATIONAL SUPPORT 30,000
    COOPERATIVE FUND OF NEW ENGLAND (FISCAL AGENT FOR THE PORTLAND FOOD CO-OP)
    5533 PEDEN POINT ROAD
    WILMINGTON,NC28409
    N/A PC OPERATIONAL SUPPORT 10,000
    CULTIVATING COMMUNITY
    PO BOX 3792
    PORTLAND,ME04104
    N/A PC OPERATIONAL SUPPORT 29,000
    EAST COAST GREENWAY ALLIANCE
    5315 HIGHGATE DRIVE SUITE 105
    DURHAM,NC27713
    N/A PC OPERATIONAL SUPPORT 40,000
    EASTERN MAINE COMMUNITY COLLEGE FOUNDATION
    354 HOGAN ROAD
    BANGOR,ME04401
    N/A PC OPERATIONAL SUPPORT 50,000
    EASTPORT ARTS CENTER
    36 WASHINGTON STREET
    EASTPORT,ME04631
    N/A PC OPERATIONAL SUPPORT 50,000
    ENVIRONMENT MAINE
    142 HIGH STREET SUITE 624
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 20,000
    FARM TOMORROW
    46 YOUNGS FARM ROAD
    GOULDSBORO,ME04607
    N/A PC OPERATIONAL SUPPORT 9,000
    FARMS (FOCUS ON AGRICULTURE IN RURAL MAINE SCHOOLS)
    PO BOX 421
    DAMARISCOTTA,ME04543
    N/A PC OPERATIONAL SUPPORT 12,500
    FRIENDS OF AROOSTOOK
    PO BOX 1705
    HOULTON,ME04730
    N/A PC OPERATIONAL SUPPORT 25,000
    FRIENDS OF BAXTER STATE PARK
    PO BOX 609
    UNION,ME04862
    N/A PC OPERATIONAL SUPPORT 40,000
    FRIENDS OF CASCO BAY
    43 SLOCUM DRIVE
    SOUTH PORTLAND,ME04106
    N/A PC OPERATIONAL SUPPORT 25,000
    FRIENDS OF DAPONTE STRING QUARTET
    PO BOX 401
    DAMARISCOTTA,ME04543
    N/A PC OPERATIONAL SUPPORT 15,661
    FRIENDS OF THE PRESUMPSCOT RIVER
    PO BOX 223
    SOUTH WINDHAM,ME04082
    N/A PC OPERATIONAL SUPPORT 30,000
    GREATER PORTLAND LANDMARKS
    93 HIGH STREET
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 15,000
    GUITAR DOORS - INSTRUMENTS OF CHANGE
    PO BOX 884
    GORHAM,ME04038
    N/A PC OPERATIONAL SUPPORT 10,000
    HANCOCK COUNTY PLANNING COMMISSION (FISCAL AGENT FOR THE CITY OF ELLSWORTH)
    395 STATE STREET
    ELLSWORTH,ME04605
    N/A GOV OPERATIONAL SUPPORT 25,000
    HAYSTACK MOUNTAIN SCHOOL OF CRAFTS
    PO BOX 518
    DEER ISLE,ME04627
    N/A PC OPERATIONAL SUPPORT 20,000
    HEALTHY ACADIA
    PO BOX 962
    BAR HARBOR,ME04609
    N/A PC OPERATIONAL SUPPORT 40,000
    HIDDEN VALLEY NATURE CENTER
    PO BOX 136
    WHITEFIELD,ME04535
    N/A PC OPERATIONAL SUPPORT 35,000
    KING MIDDLE SCHOOL
    92 DEERING AVENUE
    PORTLAND,ME04102
    N/A GOV OPERATIONAL SUPPORT 7,500
    KITCHEN GARDENERS INTERNATIONAL
    3 POWDERHORN DRIVE
    SCARBOROUGH,ME04074
    N/A PC OPERATIONAL SUPPORT 15,000
    LA ARTS
    22 LISBON STREET
    LEWISTON,ME04240
    N/A PC OPERATIONAL SUPPORT 25,000
    MAHOOSUC LAND TRUST
    PO BOX 981
    BETHEL,ME04217
    N/A PC OPERATIONAL SUPPORT 25,000
    MAIN PRESERVATION (FISCAL AGENT FOR TIMBER POINT CENTER INC)
    233 WEST MAIN STREET
    YARMOUTH,ME04056
    N/A PC OPERATIONAL SUPPORT 15,000
    MAINE AUDUBON SOCIETY
    20 GILSLAND FARM ROAD
    FALMOUTH,ME04105
    N/A PC OPERATIONAL SUPPORT 20,000
    MAINE CHAPTER OF THE INTERNATIONAL APPALACHIAN TRAIL
    PO BOX 916
    GARDINER,ME04345
    N/A PC OPERATIONAL SUPPORT 15,000
    MAINE COLLEGE OF ART (FISCAL AGENT FOR THE CIRCUS CONSERVATORY)
    522 CONGRESS ST
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 25,000
    MAINE CONSERVATION ALLIANCE
    295 WATER STREET SUITE 9
    AUGUSTA,ME04330
    N/A PC OPERATIONAL SUPPORT 40,000
    MAINE CONSERVATION CORPS
    124 STATE HOUSE STATION
    AUGUSTA,ME04330
    N/A GOV OPERATIONAL SUPPORT 38,400
    MAINE FARMLAND TRUST
    97 MAIN STREET
    BELFAST,ME04915
    N/A PC OPERATIONAL SUPPORT 35,000
    MAINE INSIDE OUT
    11 CHARLES ROAD
    CAPE ELIZABETH,ME04107
    N/A PC OPERATIONAL SUPPORT 40,000
    MAINE ISLAND TRAIL ASSOCIATION
    58 FORE STREET SUITE 30-3
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 12,500
    MAINE ORGANIC FARMERS AND GARDENERS ASSOC
    PO BOX 170
    UNITY,ME04498
    N/A PC OPERATIONAL SUPPORT 35,000
    MAINE ORGANIC FARMERS AND GARDENERS ASSOCIATION (FISCAL AGENT FOR MAINE SCH
    PO BOX 170
    UNITY,ME04498
    N/A PC OPERATIONAL SUPPORT 25,000
    MAINE WOMEN'S FUND
    PO BOX 5135
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 15,000
    MAINE WRITERS & PUBLISHERS ALLIANCE
    314 FOREST AVENUE 318
    PORTLAND,ME04104
    N/A PC OPERATIONAL SUPPORT 25,000
    MAYO STREET ARTS
    10 MAYO STREET
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 22,400
    NASSON CENTER DEVELOPMENT INC NASSON COMMUNITY CENTER
    457 MAIN STREET
    SPRINGVALE,ME04083
    N/A PC OPERATIONAL SUPPORT 21,195
    NATIONAL AUDOBON SOCIETY
    12 AUDUBON ROAD
    BREMEN,ME04551
    N/A PC OPERATIONAL SUPPORT 20,000
    NATIONAL PARK FOUNDATOIN
    1201 I STREET NW 550B
    WASHINGTON,DC20005
    N/A PC OPERATIONAL SUPPORT 75,000
    NATURAL RESOURCES DEFENSE COUNCIL
    40 WEST 20TH STREET 11TH FLOOR
    NEW YORK,NY10011
    N/A PC OPERATIONAL SUPPORT 50,000
    NEW SURRY THEATRE & ACTING SCHOOL
    PO BOX 1597
    BLUE HILL,ME04614
    N/A PC OPERATIONAL SUPPORT 5,750
    PLANNED PARENTHOOD OF NORTHERN NEW ENGLAND
    443 CONGRESS STREET 3RD FLOOR
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 15,000
    PORTLAND TRAILS - SCHOOL GROUND GREENING COALITION
    305 COMMERCIAL STREET
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 20,000
    PREBLE STREET
    38 PREBLE STREET
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 40,000
    PROJECT SHARE (SALMON HABITAT AND RIVER ENHANCEMENT)
    14 BOYNTON STREET
    EASTPORT,ME04631
    N/A PC OPERATIONAL SUPPORT 30,000
    QUODDY TIDES FOUNDATION DBA TIDES INSTITUTE & MUSEUM OF ART
    PO BOX 161
    EASTPORT,ME04631
    N/A PC OPERATIONAL SUPPORT 35,000
    SCHOODIC ARTS FOR ALL
    PO BOX 174
    WINTER HARBOR,ME04693
    N/A PC OPERATIONAL SUPPORT 29,000
    UNITY BARN RAISERS (FISCAL AGENT FOR WALDO COUNTY TRAILS COALITION)
    PO BOX 381
    UNITY,ME04988
    N/A PC OPERATIONAL SUPPORT 15,000
    SEVEN EAGLES
    117 TEN ROAD
    BRADLEY,ME04401
    N/A PC OPERATIONAL SUPPORT 10,000
    SPACE GALLERY (FISCAL AGENT FOR HEWNOAKS ARTIST COLONY)
    538 CONGRESS STREET
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 7,500
    SPINDLEWORKS
    87 BARIBEAU DRIVE
    BRUNSWICK,ME04011
    N/A PC OPERATIONAL SUPPORT 32,000
    TEENS TO TRAILS
    98 MAINE STREET
    BRUNSWICK,ME04011
    N/A PC OPERATIONAL SUPPORT 38,000
    THE ACCESS FUND (FISCAL AGENT FOR CLIFTON CLIMBERS ALLIANCE)
    PO BOX 17010
    BOULDER,CO80308
    N/A PC OPERATIONAL SUPPORT 35,000
    THE SUMMER CAMP INC
    8 CHURCH STREET
    BRIDGTON,ME04009
    N/A PC OPERATIONAL SUPPORT 30,000
    THE TELLING ROOM
    225 COMMERCIAL STREET SUITE 201
    PORTLAND,ME04101
    N/A PC OPERATIONAL SUPPORT 25,000
    TROUT UNLIMITED
    1777 N KENT STREET SUITE 100
    ARLINGTON,VA22209
    N/A PC OPERATIONAL SUPPORT 20,000
    WATERFALL ARTS
    256 HIGH STREET
    BELFAST,ME04915
    N/A PC OPERATIONAL SUPPORT 35,000
    WATERSHED CENTER FOR THE CERAMIC ARTS
    19 BRICK HILL ROAD
    NEWCASTLE,ME04553
    N/A PC OPERATIONAL SUPPORT 10,000
    WERU-FM COMMUNITY RADIO
    PO BOX 170
    EAST ORLAND,ME04431
    N/A PC OPERATIONAL SUPPORT 10,000
    WINTER KIDS
    PO BOX 7566
    PORTLAND,ME04112
    N/A PC OPERATIONAL SUPPORT 15,000
    WOLFE'S NECK FARM FOUNDATION
    184 BURNETT ROAD
    FREEPORT,ME04032
    N/A PC OPERATIONAL SUPPORT 22,000
    Total .................................bullet 3a 1,778,406
    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 ............
        14 94,368  
    4 Dividends and interest from securities....     14 369,993  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............
             
    7 Other investment income.....     14 65,832  
    8
    Gain or (loss) from sales of assets other than inventory .............
        18 1,057,313  
    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 1,587,506 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,587,506
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTANT FEES 9,720 4,860   4,860

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS COMPANY 6.15% 08/28/2017 USD SR LIEN 118,003 113,470
    AT&T INC. 2.4% 08/15/2016 USD SR LIEN 104,179 102,930
    AUTOZONE, INC. 5.75% 01/15/2015 SR LIEN M-W+50.00BP 111,112 102,791
    BERKSHIRE HATHAWAY FINANCE COR 3.0% 05/15/2022 USD SR LIEN 74,423 76,458
    BOTTLING GROUP, LLC 5.125% 01/15/2019 USD SR LIEN 118,412 114,159
    CIGNA CORPORATION 5.125% 06/15/2020 USD SR LIEN 112,728 111,670
    CITIGROUP INC. FRN 03/10/2017 USD USLIB 3MO +54.00BP SR LIEN CPN 03/10/15-06 50,000 49,903
    CITIGROUP INC. FRN 04/08/2019 USD USLIB 3MO +77.00BP SR LIEN CPN 04/08/15-07 50,000 50,304
    DOW CHEMICAL COMPANY (THE) 5.7% 05/15/2018 USD SR LIEN 116,014 111,743
    GENERAL MILLS, INC. 5.7% 02/15/2017 SR LIEN 118,502 111,403
    LIFE TECHNOLOGIES CORPORATION 3.5% 01/15/2016 USD SR LIEN 78,185 77,118
    LOWE'S COMPANIES INC 3.75% 04/15/2021 USD SR LIEN 107,639 108,285
    MORGAN STANLEY MTN 5.75% 10/18/2016 USD SER F SR LIEN 112,407 108,537
    PHILIP MORRIS INTERNATIONAL IN 5.65% 05/16/2018 USD SR LIEN 120,197 113,369
    ROYAL BANK OF CANADA MTN 1.15% 03/13/2015 SER E SR LIEN 99,968 100,494
    SCHWAB (CHARLES) & CO., INC. 4.45% 07/22/2020 SR LIEN M-W+25.00BP 110,868 111,805
    STARWOOD HOTELS & RESORTS WORL 6.75% 05/15/2018 58,519 57,344
    SYMANTEC CORPORATION 2.75% 06/15/2017 SR LIEN M-W+35.00BP 50,736 50,799
    TD AMERITRADE HOLDING CORP 5.6% 12/01/2019 M-W+35.00BP 110,820 115,259
    TIME WARNER CABLE INC. 5.85% 05/01/2017 USD 59,080 55,065
    UNITEDHEALTH GROUP INC 6.0% 02/15/2018 USD SR LIEN 122,512 114,832
    VERIZON COMMUNICATIONS INC. 5.15% 09/15/2023 SR LIEN M-W+40.00BP 49,838 55,970
    WTS/TEJON RANCH CO. 40.0000 EXP08/31/2016 140 140
    XEROX CORPORATION 4.25% 02/15/2015 SR LIEN M-W+35.00BP 51,549 51,000

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES CMN 29,322 36,196
    ADT CORPORATION (THE) CMN 9,867 11,195
    ADVANCE AUTO PARTS, INC. CMN 67,847 106,080
    ADVENT SOFTWARE INC CMN 7,682 15,596
    AES CORP. CMN 16,466 15,367
    AFLAC INCORPORATED CMN 37,832 51,071
    AGILENT TECHNOLOGIES, INC. CMN 19,711 20,102
    ALBEMARLE CORP CMN 22,247 28,141
    ALEXANDER & BALDWIN, INC. CMN 10,753 20,612
    ALLIANT TECHSYSTEMS INC. CMN 18,900 21,971
    ALLY FINANCIAL INC. CMN 35,670 35,477
    ALTRIA GROUP, INC. CMN 29,613 50,452
    AMAZON.COM INC CMN 43,928 53,380
    AMERICAN AIRLINES GROUP INC CMN 16,940 23,061
    AMERICAN EAGLE OUTFITTERS INC (NEW) 8,109 9,189
    AMERICAN EXPRESS CO. CMN 35,018 47,264
    AMERICAN TOWER CORPORATION CMN 37,491 67,020
    ANADARKO PETROLEUM CORP CMN 29,178 26,483
    ANADARKO PETROLEUM CORP CMN 39,414 37,455
    AON PLC CMN 21,889 26,268
    APACHE CORP. CMN 51,712 38,229
    APACHE CORP. CMN 34,195 26,572
    APPLE, INC. CMN 36,044 66,449
    APPLE, INC. CMN 47,219 69,650
    APPLE, INC. CMN 75,191 104,419
    ARTISAN INTERNATIONAL FUND INV MUTUAL FUND CLASS I SHARES 636,223 677,151
    ATWOOD OCEANICS INC CMN 54,248 37,675
    ATWOOD OCEANICS INC CMN 25,513 19,036
    BAXTER INTERNATIONAL INC CMN 65,359 69,039
    BIOGEN INC. CMN 37,068 40,055
    BLOOMIN' BRANDS, INC. CMN 12,672 14,534
    BORGWARNER INC. CMN 27,103 27,035
    CABELA'S INCORPORATED CMN CLASS A 14,421 31,046
    CAMPBELL SOUP CO CMN 13,896 13,816
    CARPENTER TECHNOLOGY INC CMN 16,597 16,056
    CATERPILLAR INC (DELAWARE) CMN 38,801 34,781
    CAUSEWAY INTERNATIONAL VALUE I MUTUAL FUND CLASS INST SHARES 645,819 642,772
    CBOE HOLDINGS, INC. CMN 30,233 63,674
    CBOE HOLDINGS, INC. CMN 28,666 34,564
    CBRE GROUP INC CMN 28,670 53,430
    CELGENE CORPORATION CMN 33,978 43,625
    CERNER CORP CMN 27,341 32,524
    CF INDUSTRIES HOLDINGS, INC. CMN 23,798 36,793
    CISCO SYSTEMS, INC. CMN 77,164 97,325
    CITIGROUP INC. CMN 33,674 44,803
    CITRIX SYSTEMS INC CMN 13,460 14,610
    COLGATE-PALMOLIVE CO CMN 40,553 44,558
    COLGATE-PALMOLIVE CO CMN 20,115 22,694
    COMCAST CORPORATION CMN CLASS A NON VOTING 13,921 21,184
    CONOCOPHILLIPS CMN 51,887 50,552
    CONSOL ENERGY INC. CMN 19,516 18,697
    CONTINENTAL RESOURCES, INC CMN 45,104 42,196
    COPA HOLDINGS, S.A. CMN CLASS A 13,969 9,639
    CORRECTIONS CORP OF AMERICA CMN 33,109 34,850
    CORRECTIONS CORP OF AMERICA CMN 21,202 31,543
    COSTCO WHOLESALE CORPORATION CMN 35,594 68,182
    DANA HOLDING CORPORATION CMN 25,253 22,479
    DANAHER CORPORATION CMN 32,860 44,055
    DECKERS OUTDOORS CORP CMN 20,497 29,133
    DEVON ENERGY CORPORATION (NEW) CMN 32,924 33,298
    DICKS SPORTING GOODS INC CMN 12,770 11,866
    DISCOVER FINANCIAL SERVICES CMN 29,673 54,750
    DISCOVERY COMMUNICATIONS, INC. CMN 18,499 14,938
    DISCOVERY COMMUNICATIONS, INC. CMN SERIES A 18,994 15,261
    DREYFUS GLOBAL STOCK MUTUAL FUND CLASS I SHARES MUTUAL FUND CLASS I SHARES 769,582 834,112
    DRIL-QUIP, INC. CMN 12,708 13,121
    EASTMAN CHEM CO CMN 25,150 27,461
    EATON VANCE CORP (NON-VTG) CMN 26,324 39,088
    EATON VANCE CORP (NON-VTG) CMN 9,709 17,191
    ELI LILLY & CO CMN 26,879 34,219
    EMC CORPORATION MASS CMN 42,196 49,339
    EMC CORPORATION MASS CMN 43,880 53,026
    EOG RESOURCES INC CMN 21,647 21,268
    EQUINIX, INC. REIT 52,718 66,205
    EXELIS INC. CMN 25,562 25,068
    EXXON MOBIL CORPORATION CMN 29,392 33,744
    FIRST EAGLE GLOBAL FUND I 1,200,709 1,268,525
    FIRST INDUSTRIAL REALTY TRUST CMN 15,850 28,763
    FLEETCOR TECHNOLOGIES, INC. CMN 23,461 23,347
    GILEAD SCIENCES CMN 29,373 32,237
    GOOGLE INC. CMN CLASS A 19,018 21,226
    GOOGLE INC. CMN CLASS A 23,167 39,269
    GOOGLE INC. CMN CLASS C 9,801 12,634
    GOOGLE INC. CMN CLASS C 19,127 31,058
    GS HIGH YIELD FLOATING RATE FUND INSTITUTIONAL SHARES 691,375 675,848
    GS LOCAL EMERGING MARKETS DEBT FUND INSTITUTIONAL SHARES 407,635 315,171
    GS REAL ESTATE SECURITIES FUND INSTITUTIONAL SHARES 186,325 230,205
    GS SHORT-DURATION GOVERNMENT FUND INSTITUTIONAL SHARES 1,500,000 1,489,645
    GS SMALL CAP VALUE FUND INSTITUTIONAL CLASS SHARES 108,155 148,729
    GS SMALL/MID-CAP GROWTH FUND INSTITUTIONAL SHARES 93,006 134,150
    GS STRATEGIC INCOME FUND INSTITUTIONAL SHARES 944,973 918,433
    HALLIBURTON COMPANY CMN 49,689 28,672
    HARTFORD FINANCIAL SRVCS GROUP CMN 22,451 35,437
    HEWLETT-PACKARD CO. CMN 23,798 32,866
    HOLLYFRONTIER CORP CMN 24,667 21,476
    HONEYWELL INTL INC CMN 33,479 48,161
    HONEYWELL INTL INC CMN 34,483 47,662
    HOUGHTON MIFFLIN HARCOURT CO CMN 20,366 21,787
    INTERCONTINENTAL EXCHANGE INC CMN 37,071 42,762
    INTERCONTINENTAL EXCHANGE INC CMN 40,667 51,752
    INTERNATIONAL PAPER CO. CMN 29,617 32,684
    J.C. PENNEY CO INC (HLDNG CO) CMN 14,418 8,450
    KAMAN CORP CMN 8,062 11,065
    KANSAS CITY SOUTHERN CMN 37,984 42,833
    L BRANDS, INC. CMN 25,683 40,852
    LAZARD EMERGING MARKETS EQUITY PORTFOLIO INSTL SHARES MUTUAL FUND CLASS INS 688,666 596,485
    LINKEDIN CORP CMN CLASS A 46,030 52,144
    LOCKHEED MARTIN CORPORATION CMN 25,483 58,926
    LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A 43,653 46,126
    MARATHON PETROLEUM CORPORATION CMN 25,089 50,004
    MATSON, INC. CMN 12,261 19,090
    MAXIM INTEGRATED PRODUCTS INC CMN 13,714 14,533
    MBIA INC CMN 13,229 15,741
    MC DONALDS CORP CMN 29,439 29,797
    MCCORMICK & CO NON VTG SHRS CMN 29,553 32,915
    MCGRAW-HILL COMPANIES INC CMN 25,335 45,736
    MCKESSON CORPORATION CMN 37,355 48,781
    MICROSOFT CORPORATION CMN 30,980 47,100
    MICROSOFT CORPORATION CMN 14,432 20,438
    MOLSON COORS BREWING CO CMN CLASS B 29,022 39,421
    MONTPELIER RE HOLDINGS LTD. CMN 9,648 19,307
    MOODYS CORP CMN 39,295 43,689
    MORGAN STANLEY CMN 22,377 30,186
    MRC GLOBAL INC. CMN 21,027 9,969
    MYLAN INC CMN 30,444 49,831
    MYLAN INC CMN 28,498 31,173
    MYLAN INC CMN 41,664 44,194
    NATIONSTAR MTG HLDGS INC CMN 38,504 33,884
    NAVIENT CORPORATION CMN 32,266 41,556
    NEWMARKET CORP CMN 25,662 39,949
    NEWMARKET CORP CMN 19,375 47,617
    NIKE CLASS-B CMN CLASS B 22,689 49,517
    NORWEGIAN CRUISE LINE HLDG LTD CMN 35,512 50,922
    NXP SEMICONDUCTORS N.V. CMN 21,078 27,351
    OASIS PETROLEM INC CMN 15,762 8,717
    OIL STS INTL INC CMN 52,576 47,873
    OLD DOMINION FGHT LINES INC CMN 16,212 59,317
    OLIN CORPORATION CMN 31,205 25,867
    ORACLE CORPORATION CMN 39,942 47,174
    ORBITAL SCIENCES CORPORATION CMN 16,913 15,462
    PARKER-HANNIFIN CORP. CMN 21,510 24,114
    PFIZER INC. CMN 68,022 76,162
    PHILIP MORRIS INTL INC CMN 28,218 30,381
    PRECISION CASTPARTS CORP. CMN 35,224 39,263
    PRICELINE GROUP INC/THE CMN 49,560 52,450
    PRICESMART INC CMN 25,709 31,471
    PVH CORP CMN 33,811 46,654
    QUALCOMM INC CMN 16,583 19,326
    QUALCOMM INC CMN 36,858 43,632
    REGIONS FINANCIAL CORPORATION CMN 26,724 31,522
    RITCHIE BROS. AUCTIONEERS INC CMN 7,783 10,487
    ROCKWELL AUTOMATION INC CMN 16,097 16,902
    ROCKWELL COLLINS, INC. CMN 30,861 34,890
    ROSS STORES,INC CMN 32,539 42,040
    SERVICE CORP INTERNATL CMN 17,824 41,904
    SERVICEMASTER GLOBAL HOLDINGS, CMN 8,816 13,465
    SERVICENOW INC CMN 26,868 29,854
    SHERWIN-WILLIAMS CO CMN 16,689 23,674
    SM ENERGY COMPANY CMN 46,076 21,219
    STURM, RUGER & COMPANY INC. CMN 15,011 11,913
    SYSCO CORPORATION CMN 44,475 48,541
    TEJON RANCH CO CMN 9,396 10,930
    TEMPUR SEALY INTERNATIONAL INC CMN 23,901 29,596
    TENET HEALTHCARE CORP CMN 12,476 35,520
    TERADYNE INC CMN 34,023 35,741
    THE GOLDMAN SACHS GROUP, INC. LINKED TO MSCI EAFE UPSIDE LEVERED CAPPED W BU 750,000 713,980
    THE GOLDMAN SACHS GROUP, INC. LINKED TO S&P 500 INDEX UPSIDE LEVERED CAPPED 1,000,000 1,061,445
    THE MADISON SQUARE GARDEN CO CMN CLASS A 19,534 23,556
    TJX COMPANIES INC (NEW) CMN 28,720 58,293
    TREDEGAR CORPORATION CMN 11,193 15,586
    TWENTY-FIRST CENTURY FOX, INC. CMN CLASS A 39,215 45,395
    TYCO INTERNATIONAL PLC CMN 19,026 24,869
    UNITED PARCEL SERVICE, INC. CLASS B COMMON STOCK 27,892 36,797
    VALERO ENERGY CORPORATION CMN 35,151 36,581
    VANTIV, INC. CMN CLASS A 18,797 20,318
    VERISK ANALYTICS INC. CMN CLASS A 17,792 18,062
    VERIZON COMMUNICATIONS INC. CMN 17,282 17,309
    VIACOM INC CMN CLASS B 55,051 67,123
    VISA INC. CMN CLASS A 33,351 42,214
    VOYA FINANCIAL INC CMN 18,941 21,614
    WADDELL & REED FIN., INC. CLASS A COMMON 31,865 40,803
    WESTERN DIGITAL CORPORATION CMN 18,331 57,896
    WESTERN UNION COMPANY (THE) CMN 36,430 39,563
    WHITE MTNS INS GROUP LTD CMN 12,492 19,533
    WHOLE FOODS MARKET INC CMN 58,886 59,092
    WORLD FUEL SERVICES CORP CMN 9,680 11,639
    XEROX CORPORATION CMN 50,962 59,127
    YUM BRANDS, INC. CMN 29,314 31,471
    YUM BRANDS, INC. CMN 48,698 46,551
    ZOETIS INC. CMN CLASS A 48,530 67,686

    TY 2014 InvestmentsOtherSchedule2
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BROAD STREET REAL ESTATE CREDIT PARTNERS II OFFSHORE FEEDER FUND, L.P. AT COST 100,000 97,323
    GLOBAL TACTICAL TRADING MANAGERS PLC TRANCHE A SERIES 1 AT COST 350,000 383,296
    GLOBAL TACTICAL TRADING MANAGERS PLC TRANCHE A SERIES 120 AT COST 100,000 101,440
    HEDGE FUND OPPORTUNITIES LTD CLASS A SERIES 1 AT COST 900,000 1,023,991
    HEDGE FUND OPPORTUNITIES LTD CLASS A SERIES 120 AT COST 500,000 512,792
    NON-US EQUITY MANAGERS: PORTFOLIO 1 OFFSHORE L.P. AT COST 1,415,000 1,248,019
    PRIVATE EQUITY MANAGERS (2014) OFFSHORE LP (C) AT COST 74,735 73,527
    PRIVATE EQUITY MANAGERS 2013 OFFSHORE, L.P. (C) AT COST 119,422 104,934
    U.S. REAL PROPERTY INCOME FUND, L.P. (C) AT COST 491,165 509,863
    VINTAGE VI OFFSHORE HOLDINGS LP (C) AT COST 356,797 346,237

    TY 2014 LegalFeesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,935 0   1,935


    TY 2014 OtherExpensesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS EXPENSE 2,968 0   2,968
    OTHER INVESTMENT EXPENSES 6,344 6,344   0
    TELEPHONE EXPENSE 1,797 0   1,797
    CONTRACT LABOR 441 0   441
    DUES AND SUBSCRIPTIONS 1,500 0   1,500


    TY 2014 OtherIncomeSchedule2
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 65,832 65,832 65,832


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 106,441 106,441   0
    CONSULTING FEES 15,712 0   15,712
    OTHER PROFESSIONAL FEES 5,040 0   5,040


    TY 2014 TaxesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 34 34   0
    FEDERAL ESTIMATED TAXES 36,000 0   0
    PAYROLL TAXES 11,081 0   11,081