TY 2015 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) MAGGIE FORD...................................................................... DIRECTOR & VICE PRESIDENT	5.00 .................	X	X
(2) MARCIA GOFFIN...................................................................... DIRECTOR & EXECUTIVE VICE PRESIDENT	5.00 .................	X	X
(3) CHRISTINE SCHMITZ...................................................................... DIRECTOR & TREASURER	5.00 .................	X	X
(4) JERI RHODES...................................................................... DIRECTOR & PRESIDENT	10.00 .................	X	X
(5) ALICE BARTLET...................................................................... DIRECTOR	1.00 .................	X
(6) ANNE TOUWEN...................................................................... DIRECTOR	1.00 .................	X
(7) CAROLYN DONOVAN...................................................................... DIRECTOR	1.00 .................	X
(8) FLORINE SWANSON...................................................................... DIRECTOR	1.00 .................	X
(9) LOUISE MCLEOD...................................................................... DIRECTOR	1.00 .................	X
(10) MARGERY SULLIVAN...................................................................... DIRECTOR	1.00 .................	X
(11) MILDRED ASMAH...................................................................... DIRECTOR	1.00 .................	X
(12) SUSAN RUSSELL...................................................................... DIRECTOR	1.00 .................	X
(13) MARY MCGOVERN...................................................................... DIRECTOR & VICE PRESIDENT	5.00 .................	X	X
(14) CARRIE GALLAGHER...................................................................... DIRECTOR- THRU 4/15	1.00 .................	X
(15) MEGHAN CHAPPELL...................................................................... DIRECTOR	1.00 .................	X
(16) RANJANA BANERJEE...................................................................... DIRECTOR	1.00 .................	X
(17) SONYA HOSTMAN...................................................................... DIRECTOR	1.00 .................	X

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
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Attach to Form 990 or Form 990-EZ.
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Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

VIRGINIA GILDERSLEEVE INTERNATIONAL FUND

Employer identification number

23-7068080

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ))

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 11a through 11d that describes the type of supporting organization and complete lines 11e, 11f, and 11g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ..............

Provide the following information about the supported organization(s).

(i)Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i)Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2015

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2011	(b) 2012	(c) 2013	(d) 2014	(e) 2015	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any unusual grants.) ....	126,574	376,261	123,223	326,282	236,553	1,188,893
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3	126,574	376,261	123,223	326,282	236,553	1,188,893
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..						366,520
6	Public support. Subtract line 5 from line 4.						822,373

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2011	(b) 2012	(c) 2013	(d) 2014	(e) 2015	(f) Total
7	Amounts from line 4..	126,574	376,261	123,223	326,282	236,553	1,188,893
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	407,709	575,760	505,660	592,325	590,590	2,672,044
9	Net income from unrelated business activities, whether or not the business is regularly carried on..					543	543
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..	4,915	4,716			683	10,314
11	Total support. Add lines 7 through 10.						3,871,794

Gross receipts from related activities, etc. (see instructions) ..................

9,320

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2015 (line 6, column (f) divided by line 11, column (f)) .........

21.240 %

Public support percentage for 2014 Schedule A, Part II, line 14 ...............

23.480 %

16a

33 1/3% support test—2015. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2014. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2015. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the facts-and-circumstances test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2014. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2015

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2011	(b) 2012	(c) 2013	(d) 2014	(e) 2015	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3	Gross receipts from activities that are not an unrelated trade or business under section 513...
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2011	(b) 2012	(c) 2013	(d) 2014	(e) 2015	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2015 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2014 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2015 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2014 Schedule A, Part III, line 17 .............

19a

331/3% support tests—2015. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2014. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2015

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990 or 990-EZ) 2015

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2015

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2015

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2015 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2015	(iii) Distributable Amount for 2015
1 Distributable amount for 2015 from Section C, line 6
2 Underdistributions, if any, for years prior to 2015 (reasonable cause required--see instructions)
3 Excess distributions carryover, if any, to 2015:
a
b
c
d From 2013.......
e From 2014.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2015 distributable amount
i Carryover from 2010 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2015 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2015 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2015, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions)
6 Remaining underdistributions for 2015. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions)
7 Excess distributions carryover to 2016. Add lines 3j and 4c.
8 Breakdown of line 7:
a
b
c Excess from 2013.......
d From 2014.......
e From 2015.......

Schedule A (Form 990 or 990-EZ) (2015)

Schedule A (Form 990 or 990-EZ) 2015

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test
TREASURY REGULATION SECTION 1.170A-9(E)(3) PROVIDES THAT, NOTWITHSTANDING AN ORGANIZATION'S NOT SATISFYING THE 33 1/3 PERCENT PUBLIC SUPPORT TEST, IT CAN STILL QUALIFY AS A PUBLIC CHARITY IF ITS PUBLIC SUPPORT PERCENTAGE IS NORMALLY AT LEAST TEN (10) PERCENT, AND IT MEETS THE FACTS AND CIRCUMSTANCE TEST IN THIS CONTEXT. IT IS REQUIRED THAT AN ORGANIZATION MUST BE SO ORGANIZED AND OPERATED AS TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS WHICH IN TURN REQUIRES THAT THE ORGANIZATION MAINTAIN A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS. FOR THE FIVE (5) YEAR PERIOD ENDED DECEMBER 31, 2015, THE ORGANIZATION RECEIVED CUMULATIVE CONTRIBUTIONS OF $1,188,893 FROM A BROAD FUNDING BASE. SINCE ITS INCEPTION, OVER 1,000 INDIVIDUALS AND GROUPS WORLDWIDE HAVE GENEROUSLY SUPPORTED THE ORGANIZATION'S MISSION WITH ANNUAL DONATIONS AND PLANNED ESTATE GIFTS. IN ADDITION TO THE (10) PERCENT AND ATTRACTION OF PUBLIC SUPPORT REQUIREMENTS, OTHER FACTORS ARE TAKEN INTO ACCOUNT IN DETERMINING WHETHER AN ORGANIZATION IS PUBLICLY SUPPORTED. FIRST, THE HIGHER THE TEN (10) PERCENT REQUIREMENT, THE LESSER THE BURDEN IN ESTABLISHING PUBLICLY SUPPORTED NATURE OF THE ORGANIZATION THROUGH OTHER FACTORS. FOR THE TAX YEAR ENDED DECEMBER 31, 2015, THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE IS 21.24%. THE LOW PUBLIC SUPPORT PERCENTAGE IS ATTRIBUTABLE TO THE ORGANIZATION'S HIGH INVESTMENT INCOME ON ITS INVESTMENT PORTFOLIO. THE INVESTMENT PORTFOLIO IS VALUED OVER $16.786 MILLION AND GENERATED INVESTMENT INCOME OF APPROXIMATELY $600,000. THE HIGH INVESTMENT VALUE IS THE RESULT OF AN UNUSUALLY LARGE ENDOWMENT FUND, DONATED BY A DISINTERESTED PERSON, WHICH WAS ATTRACTED BY THE ORGANIZATION DUE TO THE NATURE OF THE ORGANIZATION'S PUBLIC ACTIVITIES AND SOLICITATION EFFORTS. IF THIS INVESTMENT INCOME WERE NOT INCLUDED IN SUPPORT, OVER THE FIVE YEAR PERIOD ENDED DECEMBER 31, 2015, THE PUBLIC SUPPORT PERCENTAGE WOULD BE SIGNIFICANTLY HIGHER. SECOND, THE ORGANIZATION RECEIVES SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS, RATHER THAN RECEIVING ITS SUPPORT FROM A SINGLE DONOR. THE ORGANIZATION OPERATES TO ATTRACT PUBLIC SUPPORT ON A CONTINUAL BASIS AND ITS SOURCES OF CONTRIBUTIONS INCLUDE INDIVIDUAL GIVING, BOARD CONTRIBUTIONS, CORPORATE MATCHING, GROUP CONTRIBUTIONS, FUNDRAISING EVENTS, AND FOUNDATION GRANTS. IN THIS CONTEXT, THE FACT THAT THE ORGANIZATION DOES NOT LIMIT ITS ACTIVITIES TO A PARTICULAR REGION, THE ORGANIZATION DEMONSTRATES ITS PUBLIC NATURE. FURTHER, THE ORGANIZATION IS CURRENTLY ENGAGED IN A SIGNIFICANT CAPACITY BUILDING EFFORT AND CONTINUOUS BONA FIDE SOLICITATION PROGRAMS TO FURTHER EXPAND ITS GRANT-MAKING PROGRAM AND TO STRENGTHEN ITS GRANTEE SUPPORT AND OVERSIGHT EFFORTS. THIS FUNDRAISING INITIATIVE INCLUDES MAINTAINING CURRENT DONORS AND TARGETING NEW DONORS, SECURING GRANTS FROM PRIVATE FOUNDATIONS, ORGANIZING SPECIAL FUNDRAISING EVENTS, AND THROUGH CORPORATE SPONSORSHIPS. TO IMPLEMENT THESE EFFORTS, VGIF HIRED A FULL-TIME STAFF PERSON TO FOCUS ON FUNDRAISING IN 2014. THE BOARD AND MANAGEMENT CONTINUE TO REVIEW DIFFERENT FUNDRAISING INITIATIVES WITH THE EXPECTATION THAT THE PUBLIC SUPPORT WILL INCREASE IN THE UPCOMING YEARS.THIRD, THE GOVERNING BODY IS COMPOSED OF 23 INDIVIDUALS OF DIVERSE PROFESSIONS IN THE FOLLOWING AREAS: GOVERNMENT, FINANCE AND ADMINISTRATION, INTERNATIONAL DEVELOPMENT, ECONOMICS AND DEVELOPMENT AFFAIRS, CORPORATE LAW, HEALTHCARE INCLUDING NURSING AND BIOLOGY, SOCIAL WORK, AND PSYCHOLOGY. THE GOVERNING BODY REPRESENTS THE BROAD INTEREST OF THE PUBLIC, RATHER THAN PRIVATE INTERESTS, AND NONE OF THE MEMBERS ARE DISQUALIFIED PERSONS. THE GOVERNING BODY IS COMPRISED OF INDIVIDUALS WHO REPRESENT VARIOUS GEOGRAPHIC REGIONS. IN ACCORDANCE WITH THE REGULATIONS THE GOVERNING BODY IS SELECTED IN ACCORDANCE WITH ITS GOVERNING DOCUMENTS. FOURTH, THE ORGANIZATION, FOUNDED IN 1969, HAS FUNDED OVER 550 PROJECTS IN 95 COUNTRIES, FOCUSING ON ISSUES RANGING FROM EDUCATION AND HEALTH TO ECONOMIC EMPOWERMENT AND HUMAN RIGHTS. IN ADDITION TO ITS GRANT-MAKING PROGRAM, THE ORGANIZATION HAS PROVIDED LEADERSHIP TRAINING, COMMUNITY DEVELOPMENT, AND EDUCATIONAL SEMINARS AND WORKSHOPS TO THE GENERAL PUBLIC IN COMBATING POVERTY AND ACHIEVING GENDER EQUALITY IN DEVELOPING COUNTRIES. THE FACT THAT THE ORGANIZATION HAS PROVIDED SUCH SERVICES DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS IS EVIDENCE THAT THE ORGANIZATION IS PUBLICLY SUPPORTED. BASED ON THE FOREGOING, THE ORGANIZATION SATISFIES THE TEN (10) PERCENT FACTS AND CIRCUMSTANCE TEST.

Facts And Circumstances Test

TREASURY REGULATION SECTION 1.170A-9(E)(3) PROVIDES THAT, NOTWITHSTANDING AN ORGANIZATION'S NOT SATISFYING THE 33 1/3 PERCENT PUBLIC SUPPORT TEST, IT CAN STILL QUALIFY AS A PUBLIC CHARITY IF ITS PUBLIC SUPPORT PERCENTAGE IS NORMALLY AT LEAST TEN (10) PERCENT, AND IT MEETS THE FACTS AND CIRCUMSTANCE TEST IN THIS CONTEXT. IT IS REQUIRED THAT AN ORGANIZATION MUST BE SO ORGANIZED AND OPERATED AS TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS WHICH IN TURN REQUIRES THAT THE ORGANIZATION MAINTAIN A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS. FOR THE FIVE (5) YEAR PERIOD ENDED DECEMBER 31, 2015, THE ORGANIZATION RECEIVED CUMULATIVE CONTRIBUTIONS OF $1,188,893 FROM A BROAD FUNDING BASE. SINCE ITS INCEPTION, OVER 1,000 INDIVIDUALS AND GROUPS WORLDWIDE HAVE GENEROUSLY SUPPORTED THE ORGANIZATION'S MISSION WITH ANNUAL DONATIONS AND PLANNED ESTATE GIFTS. IN ADDITION TO THE (10) PERCENT AND ATTRACTION OF PUBLIC SUPPORT REQUIREMENTS, OTHER FACTORS ARE TAKEN INTO ACCOUNT IN DETERMINING WHETHER AN ORGANIZATION IS PUBLICLY SUPPORTED. FIRST, THE HIGHER THE TEN (10) PERCENT REQUIREMENT, THE LESSER THE BURDEN IN ESTABLISHING PUBLICLY SUPPORTED NATURE OF THE ORGANIZATION THROUGH OTHER FACTORS. FOR THE TAX YEAR ENDED DECEMBER 31, 2015, THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE IS 21.24%. THE LOW PUBLIC SUPPORT PERCENTAGE IS ATTRIBUTABLE TO THE ORGANIZATION'S HIGH INVESTMENT INCOME ON ITS INVESTMENT PORTFOLIO. THE INVESTMENT PORTFOLIO IS VALUED OVER $16.786 MILLION AND GENERATED INVESTMENT INCOME OF APPROXIMATELY $600,000. THE HIGH INVESTMENT VALUE IS THE RESULT OF AN UNUSUALLY LARGE ENDOWMENT FUND, DONATED BY A DISINTERESTED PERSON, WHICH WAS ATTRACTED BY THE ORGANIZATION DUE TO THE NATURE OF THE ORGANIZATION'S PUBLIC ACTIVITIES AND SOLICITATION EFFORTS. IF THIS INVESTMENT INCOME WERE NOT INCLUDED IN SUPPORT, OVER THE FIVE YEAR PERIOD ENDED DECEMBER 31, 2015, THE PUBLIC SUPPORT PERCENTAGE WOULD BE SIGNIFICANTLY HIGHER. SECOND, THE ORGANIZATION RECEIVES SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS, RATHER THAN RECEIVING ITS SUPPORT FROM A SINGLE DONOR. THE ORGANIZATION OPERATES TO ATTRACT PUBLIC SUPPORT ON A CONTINUAL BASIS AND ITS SOURCES OF CONTRIBUTIONS INCLUDE INDIVIDUAL GIVING, BOARD CONTRIBUTIONS, CORPORATE MATCHING, GROUP CONTRIBUTIONS, FUNDRAISING EVENTS, AND FOUNDATION GRANTS. IN THIS CONTEXT, THE FACT THAT THE ORGANIZATION DOES NOT LIMIT ITS ACTIVITIES TO A PARTICULAR REGION, THE ORGANIZATION DEMONSTRATES ITS PUBLIC NATURE. FURTHER, THE ORGANIZATION IS CURRENTLY ENGAGED IN A SIGNIFICANT CAPACITY BUILDING EFFORT AND CONTINUOUS BONA FIDE SOLICITATION PROGRAMS TO FURTHER EXPAND ITS GRANT-MAKING PROGRAM AND TO STRENGTHEN ITS GRANTEE SUPPORT AND OVERSIGHT EFFORTS. THIS FUNDRAISING INITIATIVE INCLUDES MAINTAINING CURRENT DONORS AND TARGETING NEW DONORS, SECURING GRANTS FROM PRIVATE FOUNDATIONS, ORGANIZING SPECIAL FUNDRAISING EVENTS, AND THROUGH CORPORATE SPONSORSHIPS. TO IMPLEMENT THESE EFFORTS, VGIF HIRED A FULL-TIME STAFF PERSON TO FOCUS ON FUNDRAISING IN 2014. THE BOARD AND MANAGEMENT CONTINUE TO REVIEW DIFFERENT FUNDRAISING INITIATIVES WITH THE EXPECTATION THAT THE PUBLIC SUPPORT WILL INCREASE IN THE UPCOMING YEARS.THIRD, THE GOVERNING BODY IS COMPOSED OF 23 INDIVIDUALS OF DIVERSE PROFESSIONS IN THE FOLLOWING AREAS: GOVERNMENT, FINANCE AND ADMINISTRATION, INTERNATIONAL DEVELOPMENT, ECONOMICS AND DEVELOPMENT AFFAIRS, CORPORATE LAW, HEALTHCARE INCLUDING NURSING AND BIOLOGY, SOCIAL WORK, AND PSYCHOLOGY. THE GOVERNING BODY REPRESENTS THE BROAD INTEREST OF THE PUBLIC, RATHER THAN PRIVATE INTERESTS, AND NONE OF THE MEMBERS ARE DISQUALIFIED PERSONS. THE GOVERNING BODY IS COMPRISED OF INDIVIDUALS WHO REPRESENT VARIOUS GEOGRAPHIC REGIONS. IN ACCORDANCE WITH THE REGULATIONS THE GOVERNING BODY IS SELECTED IN ACCORDANCE WITH ITS GOVERNING DOCUMENTS. FOURTH, THE ORGANIZATION, FOUNDED IN 1969, HAS FUNDED OVER 550 PROJECTS IN 95 COUNTRIES, FOCUSING ON ISSUES RANGING FROM EDUCATION AND HEALTH TO ECONOMIC EMPOWERMENT AND HUMAN RIGHTS. IN ADDITION TO ITS GRANT-MAKING PROGRAM, THE ORGANIZATION HAS PROVIDED LEADERSHIP TRAINING, COMMUNITY DEVELOPMENT, AND EDUCATIONAL SEMINARS AND WORKSHOPS TO THE GENERAL PUBLIC IN COMBATING POVERTY AND ACHIEVING GENDER EQUALITY IN DEVELOPING COUNTRIES. THE FACT THAT THE ORGANIZATION HAS PROVIDED SUCH SERVICES DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS IS EVIDENCE THAT THE ORGANIZATION IS PUBLICLY SUPPORTED. BASED ON THE FOREGOING, THE ORGANIZATION SATISFIES THE TEN (10) PERCENT FACTS AND CIRCUMSTANCE TEST.

Return Reference	Explanation
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	OTHER INCOME - 2011 AMOUNT: $ 4,915. 2012 AMOUNT: $ 4,716. MISCELLANEOUS INCOME - 2015 AMOUNT: $ 683.

Schedule A (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

Name of the organization

VIRGINIA GILDERSLEEVE INTERNATIONAL FUND

Employer identification number

23-7068080

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2

Name of organization VIRGINIA GILDERSLEEVE INTERNATIONAL FUND

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Page 3

Name of organization VIRGINIA GILDERSLEEVE INTERNATIONAL FUND		Employer identification number 23-7068080

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Page 4


Name of organization VIRGINIA GILDERSLEEVE INTERNATIONAL FUND			Employer identification number 23-7068080
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No.from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No.from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No.from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No.from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public Inspection

Name of the organization

VIRGINIA GILDERSLEEVE INTERNATIONAL FUND

Employer identification number

23-7068080

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

			(a) Donor advised funds	(b) Funds and other accounts

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ...........

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ............................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2015

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........

Part V

Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	(c)Two years back	(d)Three years back	(e)Four years back

1a	Beginning of year balance ....	14,501,808	13,739,750	12,340,400
b	Contributions ...
c	Net investment earnings, gains, and losses	124,914	1,655,063	2,086,791
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...	828,699	813,079	711,006
f	Administrative expenses ....	74,733	79,926	54,061
g	End of year balance ......	13,723,290	14,501,808	13,662,124

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

92.000 %

Permanent endowment SchDMd Bullet

Temporarily restricted endowment SchDMd Bullet

8.000 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations .................

3a(i)

(ii) related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land ...
b	Buildings
c	Leasehold improvements
d	Equipment ...	28,674	19,695	8,979
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				8,979

Schedule D (Form 990) 2015

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2015

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	301,365
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-1,724,202
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................			2e	-1,724,202
3	Subtract line 2e from line 1..................			3	2,025,567
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	85,937
b	Other (Describe in Part XIII.) ...........	4b	2,944
c	Add lines 4a and 4b....................			4c	88,881
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	2,114,448

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	1,083,661
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	1,083,661
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	85,937
b	Other (Describe in Part XIII.) ............	4b	2,944
c	Add lines 4a and 4b.....................			4c	88,881
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	1,172,542

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART V, LINE 4:	THE FUND INVESTS ITS ENDOWMENT FUNDS AND ALLOCATES THE RELATED EARNINGS FOR EXPENDITURE IN ACCORDANCE WITH THE TOTAL RETURN CONCEPT. THE ENDOWMENT USAGE IS DETERMINED IN ACCORDANCE WITH THE POLICY ADOPTED BY THE FUND. THE BOARD UTILIZES VARIOUS SPENDING METHODS TO DETERMINE ITS ANNUAL DRAWDOWN FROM THE ENDOWMENT FUNDS AS FOLLOWS: BOARD DESIGNATED MARGARET M. BRANT ENDOWMENT- AT THE DISCRETION OF THE BOARD WOMEN'S UNIVERSITY CLUB ENDOWMENT - AT THE DISCRETION OF THE BOARD LILLIAN AND NATHANIEL ROCK ENTERTAINMENT ENDOWMENT - AT THE DISCRETION OF THE BOARD VIRGINIA FRESE PALMER ENDOWMENT - IN ACCORDANCE WITH SPENDING POLICY ERNA HAMBURGER INCOME ENDOWMENT - AT DISCRETION OF THE BOARD ASIAN REGIONAL INCOME ENDOWMENT - AT THE DISCRETION OF THE BOARD CENTRAL/SOUTH AMERICAN REGIONAL INCOME ENDOWMENT - AT THE DISCRETION OF THE BOARD THE LEADERS INCOME ENDOWMENT - AT THE DISCRETION OF THE BOARD DONOR RESTRICTED VIRGINIA FRESE PALMER ADMINISTRATION RESTRICTED ENDOWMENT - IN ACCORDANCE WITH SPENDING POLICY PRIOR TO 2013, THE ENDOWMENT FUND WAS NOT REPORTED ON THE FUND'S FINANCIAL STATEMENTS. AS OF 2013 THE ENDOWMENT FUND IS BEING REPORTED ON SCHEDULE D AND GOING FORWARD.
PART X, LINE 2:	THE FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FUND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FUND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2012.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	FOREIGN TAXES NETTED AGAINST REVENUE 2,944.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	FOREIGN TAXES NETTED AGAINST REVENUE 2,944.

Schedule D (Form 990) 2015

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

See separate instructions. Right pointing arrow large image

Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public Inspection

Name of the organization
VIRGINIA GILDERSLEEVE INTERNATIONAL FUND

Employer identification number

23-7068080

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.

For grantmakers.Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in region	(d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in region	(f) Total expenditures for and investments in region
	EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM			GRANTS TO RECIPIENTS IN THE REGION	HEALTH, HUMAN RIGHTS	28,500
	SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,			GRANTS TO RECIPIENTS IN THE REGION	ECONOMIC DEVELOPMENT	34,675
	SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO,			GRANTS TO RECIPIENTS IN THE REGION	ECONOMIC DEVELOPMENT, HEALTH, ENVIRONMENT, EDUCATION, HUMAN RIGHTS	249,486
	CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,			GRANTS TO RECIPIENTS IN THE REGION	EDUCATION, ECONOMIC DEVELOPMENT, HUMAN RIGHTS	82,500













3a	Sub-total .....	0	0			395,161
b	Total from continuation sheets to Part I ...	0	0			0
c	Totals (add lines 3a and 3b)	0	0			395,161

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2015

Schedule F (Form 990) 2015

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

(a)(c) Region	(b)(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement
EASTERN EUROPE AND CENTRAL ASIA	HEALTH, WELLNESS, BODILY INTEGRITY	6,000	WIRE TRANSFER
EASTERN EUROPE AND CENTRAL ASIA	HUMAN RIGHTS AND LEGAL STATUS	7,500	WIRE TRANSFER
EASTERN EUROPE AND CENTRAL ASIA	HUMAN RIGHTS AND LEGAL STATUS	15,000	ACCRUED
LATIN AMERICA AND CARRIBEAN	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
LATIN AMERICA AND CARRIBEAN	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
LATIN AMERICA AND CARRIBEAN	ECONOMIC DEVELOPMENT AND EMPOWERMENT	15,000	ACCRUED
LATIN AMERICA AND CARRIBEAN	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
LATIN AMERICA AND CARRIBEAN	HUMAN RIGHTS AND LEGAL STATUS	7,500	WIRE TRANSFER
LATIN AMERICA AND CARRIBEAN	HUMAN RIGHTS AND LEGAL STATUS	15,000	ACCRUED
LATIN AMERICA AND CARRIBEAN	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
LATIN AMERICA AND CARRIBEAN	EDUCATION	7,500	WIRE TRANSFER
LATIN AMERICA AND CARRIBEAN	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SOUTH ASIA	EDUCATION	30	ACCRUED
SOUTH ASIA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,200	WIRE TRANSFER
SOUTH ASIA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	6,264	WIRE TRANSFER
SOUTH ASIA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SOUTH ASIA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	6,181	WIRE TRANSFER
SOUTH ASIA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	15,000	ACCRUED
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,489	WIRE TRANSFER
SUB-SAHARAN AFRICA	HUMAN RIGHTS AND LEGAL STATUS	6,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENVIRONMENT, FOOD AND WATER SECURITY	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	5,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	EDUCATION	5,215	WIRE TRANSFER
SUB-SAHARAN AFRICA	EDUCATION	9,157	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENVIRONMENT, FOOD AND WATER SECURITY	7,360	WIRE TRANSFER
SUB-SAHARAN AFRICA	EDUCATION	7,450	WIRE TRANSFER
SUB-SAHARAN AFRICA	HEALTH, WELLNESS, BODILY INTEGRITY	4,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	EDUCATION	6,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	15,000	ACCRUED
SUB-SAHARAN AFRICA	HUMAN RIGHTS AND LEGAL STATUS	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,300	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,350	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENVIRONMENT, FOOD AND WATER SECURITY	6,650	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENVIRONMENT, FOOD AND WATER SECURITY	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	4,950	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,100	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENVIRONMENT, FOOD AND WATER SECURITY	4,065	WIRE TRANSFER
SUB-SAHARAN AFRICA	EDUCATION	7,400	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENVIRONMENT, FOOD AND WATER SECURITY	5,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENVIRONMENT, FOOD AND WATER SECURITY	7,500	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENVIRONMENT, FOOD AND WATER SECURITY	15,000	ACCRUED
SUB-SAHARAN AFRICA	ECONOMIC DEVELOPMENT AND EMPOWERMENT	7,500	WIRE TRANSFER

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......
3	Enter total number of other organizations or entities .......................

Schedule F (Form 990) 2015

Schedule F (Form 990) 2015Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of non-cash assistance	(g) Description of non-cash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2015

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2015

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).

ReturnReference	Explanation
PART I, LINE 2:	VGIF GRANT-MAKING IS A STRUCTURED, THOUGHTFUL, MULTI-PHASE PROCESS. * PHASE ONE: EARLY IN JUNE, VGIF OPENS ITS ANNUAL GRANT-MAKING PROCESS WITH THE OPPORTUNITY FOR ORGANIZATIONS TO SUBMIT "LETTERS OF INTENT". THIS PROCESS INVOLVES ORGANIZATIONS USING AN ONLINE FORM TO PROVIDE AN OVERVIEW OF THEIR PROGRAM OR PROJECT, THE REQUESTED GRANT, AND THE BUDGET. STAFF CONDUCTS A COMPREHENSIVE REVIEW OF SUBMISSIONS DURING THE MONTHS FOLLOWING THIS FIRST PHASE. THIS INVOLVES DUE-DILIGENCE CONTACT WITH ALL APPLICANTS BY THE STAFF. THIS CONTACT INVOLVES CONFIRMATION THE VALIDITY OF THE APPLYING ORGANIZATION, THEIR ORGANIZATION'S CAPACITY TO DELIVER THE PROGRAM OR PROJECT, AND TO BEGIN A RELATIONSHIP WITH LEADERS. * PHASE TWO: INVITATIONS ARE ISSUED TO SUCCESSFUL ORGANIZATIONS TO SUBMIT A COMPREHENSIVE APPLICATION. FOLLOWING THE DEADLINE, A DIVERSE TEAM OF GRANT PREVIEWERS REVIEWS EACH APPLICATION. EACH APPLICATION IS READ BY TWO OR MORE PREVIEWERS WITH EXPERTISE IN THE APPLICANT'S COUNTRY OR WITH THE ISSUE. THE PREVIEWERS REDUCE THE POOL TO APPLICATIONS WHICH MOVE ON TO BE REVIEWED BY THE PROJECT GRANTS COMMITTEE. * PHASE THREE: AT THIS POINT, EACH APPLICATION IS REVIEWED BY ALL MEMBERS OF THE COMMITTEE. AT THIS TIME, STAFF ENGAGES IN ANOTHER ROUND OF DUE DILIGENCE CALLS AND CONTACTS. IN A STRUCTURED RANKING SYSTEM, THE POOL IS REDUCED AGAIN AND THE FINALISTS' APPLICATIONS MOVE TO COMMITTEE REVIEW DURING THE COMMITTEE'S ANNUAL MEETING. * PHASE FOUR: THIS ANNUAL COMMITTEE MEETING IS CONDUCTED IN PERSON AND VIA SKYPE FOR THE FULL COMMITTEE. COMMITTEE MEMBERS DELIBERATE ALL APPLICATIONS, FINALIZING THEIR CHOICES BASED ON THESE DISCUSSIONS AND THE BUDGET AVAILABLE FOR GRANTS. * PHASE FIVE: STAFF LAUNCHES INTO DEEP ENGAGEMENT WITH THE NEW GRANTEES AT THIS TIME. ALL UNSUCCESSFUL GRANTEES ARE NOTIFIED. SUCCESSFUL GRANTEES ARE CONTACTED AND A TIMELINE IS ESTABLISHED FOR TRANSFERRING GRANT FUNDS TO THE ORGANIZATION AND CONFIRMING PROJECT REPORTING CYCLES. * ONGOING: GRANTEES PROVIDE UPDATES, PHOTOS AND REACH OUT TO VGIF STAFF THROUGHOUT THE PROJECT/PROGRAM YEAR. AS OPPORTUNITIES ARE PRESENTED, GRANT SITES MAY HAVE VGIF VISITORS. SITE VISITORS ARE VGIF VOLUNTEERS WHO ARE LIVING OR TRAVELING NEAR GRANTEE COMMUNITIES. WITH THESE SITE VISITS, VGIF IS OFFERED A WINDOW INTO THE INTERACTIONS OF GRANTEES AND THEIR PROJECT/PROGRAM PARTICIPANTS. THROUGH PHOTOS, CONVERSATIONS AND FOLLOW-UP MEETINGS THE INTERACTIONS ARE ENRICHED, RESULTING IN A DEEP UNDERSTANDING OF THE RANTS' OUTCOMES. IN ADDITION TO SINGLE YEAR GRANTS, VGIF HAS LAUNCHED MULTI-YEAR, THREE-YEAR GRANT OPPORTUNITIES. 2015 WAS THE SECOND YEAR FOR THIS MULTI-YEAR GRANT-MAKING. APPLICANTS FOR THIS EXPANDED GRANT-MAKING ARE CHOSEN FROM SUCCESSFUL SINGLE YEAR GRANTEES WHO HAVE RECEIVED A SITE VISIT, AND WHO ARE DEEMED TO BE IN NEED OF EXTENDED GRANTS TO EXPAND AND SUSTAIN THE IMPACT OF THEIR LOCAL INITIATIVES. THE MULTI-YEAR GRANT-MAKING IS ON A SLIGHTLY DIFFERENT TIMELINE. THE ENTIRE MULTI-YEAR GRANT-MAKING CYCLE IS WITHIN A SINGLE CALENDAR YEAR. * SINGLE YEAR GRANTEE REPORTS ARE RECEIVED BY STAFF FOR A MID-YEAR DEADLINE. TO QUALIFY FOR MULTI-YEAR FUNDING, AN ORGANIZATION MUST HAVE HAD A SITE VISIT WITH A POSITIVE REPORT FROM THE SITE VISITOR. A ROSTER IS CREATED OF ORGANIZATIONS WHICH MAY EXCEL WITH FURTHER FUNDING. * STAFF CONDUCTS DUE-DILIGENCE TO CONFIRM CAPACITY FOR THE ORGANIZATIONS TO MANAGE AND SUCCEED WITH SUBSEQUENT MULTI-YEAR GRANTS. * ORGANIZATIONS WHICH PASS SUCCESSFULLY THROUGH THIS REVIEW, ARE INVITED TO SUBMIT AN APPLICATION FOR MULTI-YEAR FUNDING. A THIRD QUARTER APPLICATION DEADLINE IS ESTABLISHED. * STAFF REVIEWS APPLICATIOINS FOR CONTINUITY AND CONSISTENCY. SUCCESSFUL APPLICATIONS ARE FORWARDED TO THE GRANTS COMMITTEE. * ALL MULTI-YEAR APPLICATIONS ARE REVIEWED BY ALL MEMBERS OF THE GRANTS COMMITTEE. * DURING ITS THIRD QUARTER MEETING, COMMITTEE MEMBERS DELIBERATE ALL APPLICATIONS, FINALIZING THEIR CHOICES BASED ON THESE DISCUSSIONS AND THE BUDGET AVAILABLE FOR GRANTS. * ONGOING: MULTI-YEAR GRANTEES ARE MONITORED CLOSELY BY THE STAFF. REGULAR REPORTING IS REQUIRED AND DUE DILIGENCE CALLS ARE MADE THROUGHOUT THE FIRST MULTI-YEAR GRANT YEAR. BASED ON SUCCESS IN ITS FIRST YEAR, GRANTEES RECEIVE FUNDING IN THEIR SECOND YEAR. AND, FOLLOWING THE GRANTEES CLOSELY IN YEAR TWO RESULTS IN FUNDING IN THEIR THIRD YEAR.
PART I, LINE 3:	THE FUND USES THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR GRANT EXPENSES.

Schedule F (Form 990) 2015

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

VIRGINIA GILDERSLEEVE INTERNATIONAL FUND

Employer identification number

23-7068080

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	DIRECTORS REBECCA FAIRCHILD AND BABETTE BIERMAN HAVE A FAMILY RELATIONSHIP. DIRECTORS HEATHER COUSINS AND LOUISE MCLEOD HAVE A FAMILY RELATIONSHIP. COMMITTEE MEMBER FAY KITTELSON AND INVESTMENT MANAGER NANCY VANG HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 4	DURING THE ANNUAL MEETING HELD ON APRIL 25, 2015, MEMBERSHIP AMENDED THE BY-LAWS TO INCLUDE AN AUDIT COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 6	THE FUND WAS CONSTITUTED AS A MEMBERSHIP ORGANIZATION. THE MEMBERS ARE THOSE PERSONS WHO SUPPORT THE STATED AIMS AND PURPOSES OF THE FUND AND MAKE AN ANNUAL CONTRIBUTION OF ATLEAST $25. ALL INDIVIDUAL MEMBERS HAVE THE PRIVILEGE OF VOTING AT THE ANNUAL MEETING.
FORM 990, PART VI, SECTION A, LINE 7A	AT THE ANNUAL MEETING, THE MEMBERS SHALL ELECT THE OFFICERS, MEMBERS OF THE BOARD OF DIRECTORS, AND MEMBERS OF THE NOMINATING COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 7B	THE BYLAWS MAY BE AMENDED AT ANY ANNUAL MEETING OR SPECIAL MEETING OF THE MEMBERSHIP CALLED FOR THAT PURPOSE BY A TWO-THIRDS (2/3) VOTE OF THOSE VOTING, IN PERSON OR BY WRITTEN PROXY. AT THE ANNUAL MEETING, THE MEMBERS SHALL ELECT THE OFFICERS, MEMBERS OF THE BOARD OF DIRECTORS, AND MEMBERS OF THE NOMINATING COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 11	VIRGINIA GILDERSLEEVE INTERNATIONAL FUND HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND AUDIT COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
FORM 990, PART VI, SECTION B, LINE 12C	VGIF PRESENTS ITS CONFLICT OF INTEREST POLICY EACH YEAR AT ITS ANNUAL MEETING TO ALL BOARD AND COMMITTEE MEMBERS. ALL BOARD AND COMMITTEE MEMBERS ARE REQUIRED TO SIGN AND RETURN VGIF'S CONFLICT OF INTEREST POLICY EACH YEAR THAT RUNS APRIL THROUGH APRIL. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNANCE BOARD DELEGATED POWER CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. MEMBERS OF THE BOARD MUST ALSO RECUSE THEMSELVES FROM VOTING IF/WHEN A CONFLICT IS PRESENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTEREST PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE POLICY IS APPLICABLE TO BOARD OFFICERS, DIRECTOR, AND EMPLOYEES. AT THE START OF EACH CALENDAR YEAR, THE STAFF REVIEWS THE REQUIREMENT AND COLLECTS THE SIGNATURES ON THE FORMS. WHEN A CONFLICT IS DECLARED, THE INTERACTIONS AND DECISION MAKING OF EACH PARTY IS MONITORED. IF APPLICABLE, PARTIES WOULD RECUSE THEMSELVES FROM RELATED DECISIONS.
FORM 990, PART VI, SECTION B, LINE 15A	VGIF USED THE FOLLOWING PROCESS FOR DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR: IN CONNECTION WITH THE HIRING OF THE EXECUTIVE DIRECTOR IN MAY 2013, A CONSULTANT WAS USED TO RECOMMEND A SALARY RANGE FOR THE POSITION BASED ON COMPARABLE ORGANIZATIONS AND POSITIONS. IN 2015, THE PRESIDENT OF THE BOARD REVIEWED FORM 990S OF COMPARABLE ORGANIZATIONS TO FURTHER SUPPORT THE RECOMMENDED RANGES. BASED ON THIS INFORMATION, THE PRESIDENT MADE A RECOMMENDATION TO THE EXECUTIVE COMMITTEE OF THE BOARD REGARDING THE EXECUTIVE DIRECTOR'S CURRENT COMPENSATION. THE RECOMMENDATION WAS APPROVED AND CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS TOOK PLACE IN APRIL 2015.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. OUR GOVERNING DOCUMENTS ARE ALSO AVAILABLE THROUGH OUR WEBSITE.
FORM 990, PART XII, LINE 2C:	VGIF HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	326,282	236,553
9	Program service revenue (Part VIII, line 2g) .........	0	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	2,080,298	1,876,669
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	-14,098	1,226
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	2,392,482	2,114,448
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	417,954	395,161
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	380,606	433,391
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 196,311
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	365,643	343,990
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,164,203	1,172,542
19	Revenue less expenses. Subtract line 18 from line 12.......	1,228,279	941,906
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	17,715,297	16,966,944
21	Total liabilities (Part X, line 26).............	155,776	189,719
22	Net assets or fund balances. Subtract line 21 from line 20.....	17,559,521	16,777,225

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	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 677,140 including grants of $ 395,161 ) (Revenue $ )
	GRANTMAKING PROGRAM - VGIF PROVIDES SMALL GRANTS TO WOMEN-LED GRASSROOTS PROJECTS THAT HELP IMPROVE THE LIVES OF WOMEN AND GIRLS IN UNDERDEVELOPED ECONOMIES WORLDWIDE.SINCE ITS FOUNDING IN 1969, VGIF HAS FUNDED MORE THAN 550 PROJECTS, IN 95 COUNTRIES, FOCUSING ON A BROAD RANGE OF ISSUES; FROM EDUCATION AND HEALTH, TO ECONOMIC EMPOWERMENT AND HUMAN RIGHTS. VGIF BELIEVES THAT WOMEN-LED ORGANIZATIONS ARE EQUIPPED TO EMPOWER WOMEN AND GIRLS IN THEIR SERVICE AREA, AND THESE ORGANIZATIONS KNOW BEST WHAT WILL HELP IMPROVE AND ENRICH THESE LIVES. VGIF DOES NOT RESTRICT ITS FUNDING BASED ON TOPICS AND ISSUES. INSTEAD, VGIF'S BROAD RANGE OF GRANT-MAKING RESPECTS THE SHIFTING NEEDS AND PRIORITIES OF GRANTEE ORGANIZATIONS WORKING AT THE GRASSROOTS LEVEL. VGIF IS BUILDING ITS CAPACITY TO EXPAND ITS GRANT-MAKING THROUGH A COMBINATION OF RESOURCES INCLUDING THE STRATEGIC ADDITION OF PROFESSIONAL STAFF AND WORKING WITH PROFESSIONAL CORPORATIONS TO SECURE AND CUSTOMIZE GRANT-MAKNG SOFTWARE. THIS EFFORT WILL SIGNIFICANTLY INCREASE VGIF'S CAPACITY TO IMPACT ON WOMEN AND GIRLS AROUND THE GLOBE.

4b	(Code: ) (Expenses $ 35,086 including grants of $ ) (Revenue $ )
	UN AFFILIATION - TO ENHANCE ITS GRANT-MAKING EFFORTS, VGIF ENGAGES IN EVENTS, BRIEFING, TRAINING, WORKSHOPS AND NONGOVERNMENTAL DISCUSSIONS AT THE UNITED NATIONS HEADQUARTERS IN NY THROUGH ITS CONSULTATIVE STATUS WITH ECOSOC (UN'S ECONOMIC AND SOCIAL COUNCIL) AND ITS MEMBERSHIP IN UN-RELATED GROUPS. VGIF PRESENTS A GRASSROOTS PERSPECTIVE IN ITS FORMAL STATEMENTS TO THE UN AGENCIES AND GENERAL ASSEMBLY, AND IN A WIDE RANGE OF MEETINGS SPONSORED WITHIN THE AUSPICES OF THE UN. AN ACTIVE VGIF UN COMMITTEE MEMBERSHIP, VOLUNTEERS AND ITS REGISTERED REPRESENTATIVES MAXIMIZE THE OUTCOMES OF ITS UN AFFILIATION WHILE EXPENDING VERY LIMITED AMOUNT OF RESOURCES. THROUGH REPORTS FROM THESE ACTIVITIES, VGIF INFORMS GRANTEES, MEMBERS AND DONORS ABOUT UN DISCUSSIONS, DECISIONS, AND POLICIES RELEVANT TO VGIF'S FOCUS AND GOALS.

4c	(Code: ) (Expenses $ 24,000 including grants of $ ) (Revenue $ )
	RESEARCH - WITH MINIMAL, BUT SECURE FUNDING, VGIF ANNUAL ENGAGES A RESEARCH FELLOW. IN 2015, THE WORK OF ONE FELLOW CONCLUDED AND A NEW FELLOW FOLLOWED. THE YEAR BEGAN WITH THE RESEARCHER REVIEWING ALL RESOURCES AND FILES TO CREATE A COMPREHENSIVE DATABASE OF GRANTEES FROM YEAR ONE. THROUGH THIS RESEARCH, INFORMATION EMERGED ON MANY LEVELS. WHILE THERE HAVE BEEN DIVERSE ISSUES FUNDED SINCE ITS INCEPTION, VGIF HAS FOUND SOME CONSISTENCY OF ISSUES AS WELL AS APPROACHES AND SCOPES OF WORK USED BY OUR GRANTEES. THE SECOND RESEARCH FELLOW OF 2015 UTILIZED THIS DEEP DATABASE AND BEGAN RESEARCH WITH VGIF MULTI-YEAR GRANTEES ON ESTABLISHING A VGIF "THEORY OF CHANGE". THIS APPROACH TO MONITORING AND EVALUATING GRANTS AND FUTURE APPLICATIONS WILL STRENGTHEN NOT ONLY VGIF'S GRANT-MAKING; THIS APPROACH WILL ALSO HELP OUR APPLICANTS AND GRANTEES. ANOTHER GOAL FOR USE OF THESE METRICS IS TO MORE COMPREHENSIVELY ANALYZE THE IMPACT OF VGIF'S GRANT-MAKING.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses736,226

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(18) JOHANNA STERBIN........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(19) KATHLEEN MAGILL........................................................................ DIRECTOR & INTERIM SECRETARY	1.00 .......................	X	X	0	0	0
(20) DAGMAR MCGILL........................................................................ DIRECTOR & VICE PRESIDENT	1.00 .......................	X	X	0	0	0
(21) KAREN MCKEE........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(22) JULIE PENNINGTON........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(23) ANITA THOMAS........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(24) HEATHER COUSINS........................................................................ DIRECTOR & VICE PRESIDENT THRU 4/15	5.00 .......................	X	X	0	0	0
(25) BABETTE BIERMAN........................................................................ DIRECTOR & SECRETARY-THRU 4/15	5.00 .......................	X	X	0	0	0
(26) SHIRELEY RANDELL........................................................................ DIRECTOR	1.00 .......................	X		0	0	0
(27) EVELYN MAFENI........................................................................ DIRECTOR- THRU 4/15	1.00 .......................	X		0	0	0
(28) ELISABET EKLIND........................................................................ EXECUTIVE DIRECTOR	37.50 .......................		X	131,250	0	9,403

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	131,250	0	9,403

1	Briefly describe the organization’s mission or most significant activities: VGIF PROVIDES SMALL GRANTS FOR LOCAL PROGRAMS & PROJECTS WHICH IMPROVE THE LIVES OF WOMEN & GIRLS. THROUGH THESE INITIATIVES DELIVERED BY GRASS-ROOTS WOMEN-LED NONPROFITS ORGANIZATIONS, THE OUTCOME OF GRANTS IS IMPROVEMENT OF THE LIVES OF WOMEN AND GIRLS, THEIR FAMILIES, COMMUNITIES, AND ULTIMATELY THEIR REGIONS AND COUNTRIES. THE PROGRAMS AND PROJECTS ADDRESS DIVERSE ISSUES IN UNDERDEVELOPED ECONOMIES WORLDWIDE:* LEGAL RIGHTS;* MEDICAL AND MATERNAL HEALTH SERVICES;* ECONOMIC AND COMMUNITY DEVELOPMENT;* FINANCIAL LITERACY;* IMPROVE MEDICAL SERVICES;* LITERACY AND LEADERSHIP TRAINING;* STEM EDUCATION AND TRAINING; AND* HUMAN RIGHTS EDUCATION;
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	23
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	23
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	5
6	Total number of volunteers (estimate if necessary) .............	6	100
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c	4,675
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	231,878

g	Noncash contributions included in lines 1a-1f:$ 18,350
h Total.Add lines 1a-1f.......		236,553

		Business Code
2a
b
c
d
e
f	All other program service revenue.
g Total.Add lines 2a–2f.....

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			590,590			590,590
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory		5,362,177
b	Less: cost or other basis and sales expenses		4,076,098
c	Gain or (loss)		1,286,079
d	Net gain or (loss).....			1,286,079			1,286,079
8a	Gross income from fundraising events (not including $ 4,675of contributions reported on line 1c). See Part IV, line 18 ....
	a		5,874
b	Less: direct expenses ...b		5,331
c	Net income or (loss) from fundraising events..			543			543
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	MISCELLANEOUS		900099	683			683
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			683
12	Total revenue. See Instructions......			2,114,448	0	0	1,877,895

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16	395,161	395,161
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	140,653	67,656	28,608	44,389
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	223,223	107,161	45,319	70,743
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	40,882	20,204	8,529	12,149
10	Payroll taxes ...........	28,633	14,150	5,974	8,509
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	2,050	1,013	428	609
c	Accounting ...........	52,773	14,096	30,201	8,476
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	85,937		85,937
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	43,403	35,473	1,240	6,690
12	Advertising and promotion ....
13	Office expenses .......	43,872	25,072	5,459	13,341
14	Information technology ......	4,834	2,317	914	1,603
15	Royalties ..
16	Occupancy ...........	60,665	29,981	12,657	18,027
17	Travel ............	625	531	30	64
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	29,173	20,002	4,105	5,066
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	6,440		6,440
23	Insurance ...	5,348	2,647	993	1,708
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	STATE REGISTRATION	3,401	225		3,176
b	FOREIGN TAXES	2,944		2,944
c
d
e	All other expenses	2,525	537	227	1,761
25	Total functional expenses. Add lines 1 through 24e	1,172,542	736,226	240,005	196,311
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			31,519	1	46,588
2	Savings and temporary cash investments .........			986,555	2	2,597,060
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			15,750	4	94,310
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......			7,145	9	9,709
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	28,674
b	Less: accumulated depreciation	10b	19,695	15,419	10c	8,979
11	Investments—publicly traded securities .			16,637,181	11	14,188,570
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			21,728	15	21,728
16	Total assets. Add lines 1 through 15 (must equal line 34)...			17,715,297	16	16,966,944

17	Accounts payable and accrued expenses .....	50,506	17	54,569
18	Grants payable ...	104,970	18	135,000
19	Deferred revenue .........	300	19	150
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	155,776	26	189,719

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	16,198,821	27	15,527,921
28	Temporarily restricted net assets ...........	1,360,700	28	1,249,304
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	17,559,521	33	16,777,225
34	Total liabilities and net assets/fund balances ........	17,715,297	34	16,966,944

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713).. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No