Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
COMMONWEALTH FOUNDATIONS
 
Number and street (or P.O. box number if mail is not delivered to street address)800 E CANAL STREET NO 1900
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, VA23219
A Employer identification number

46-5103846
B Telephone number (see instructions)

(804) 643-4200
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$147,633J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 10,769,365
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 10,769,365 0  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 800 0   0
b Accounting fees (attach schedule)....... Click to see attachment 8,050 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,182 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,032 0   0
25 Contributions, gifts, grants paid....... 10,676,044 10,676,044
26 Total expenses and disbursements. Add lines 24 and 25 10,686,076 0   10,676,044
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 83,289
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 64,344 147,633 147,633
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,344 147,633 147,633
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 64,344 147,633
30 Total net assets or fund balances (see instructions)..... 64,344 147,633
31 Total liabilities and net assets/fund balances (see instructions). 64,344 147,633
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
64,344
2
Enter amount from Part I, line 27a .....................
2
83,289
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
147,633
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
147,633
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 11,278,661 45,842 246.033354
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
2246.033354
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
246.033354
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
53,932
5
Multiply line 4 by line 3......................
5
13,269,071
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
0
7
Add lines 5 and 6........................
7
13,269,071
8
Enter qualifying distributions from Part XII, line 4.............
8
10,676,044
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (804) 643-4200

    Located atbullet800 EAST CANAL STREET SUITE 1900RICHMONDVA ZIP+4bullet23219
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ALICE T GOODWIN DIRECTOR
    0.10     		0 0 0
    800 E CANAL ST STE 1900
    RICHMOND,VA23219
    WILLIAM H GOODWIN JR DIRECTOR, PRESIDENT/TREASU
    0.10     		0 0 0
    800 E CANAL ST STE 1900
    RICHMOND,VA23219
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    54,753
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    54,753
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    54,753
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    821
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    53,932
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,697
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,697
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
     
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,697
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,697
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,697
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    10,676,044
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    10,676,044
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    10,676,044
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 2,697
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 10,676,044
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 2,697
    e Remaining amount distributed out of corpus 10,673,347
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 10,673,347
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		10,769,365
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN CIVIL WAR CTR HISTORIC TREDEGAR
    490 TREDEGAR STREET
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 50,000
    AMERICAN CIVIL WAR MUSEUM
    1201 E CLAY STREET
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 750,000
    AMERICAN DIABETES ASSOCIATION
    4335 COX ROAD
    GLEN ALLEN,VA23060     		NONE PC GENERAL SUPPORT 2,500
    AMERICAN HEART ASSOCIATION
    4217 PARK PLACE COURT
    GLEN ALLEN,VA23060     		NONE PC GENERAL SUPPORT 5,000
    AMERICAN RED CROSS
    420 EAST CARY STRET
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 5,000
    AN ACHIEVABLE DREAM INC
    10858 WARWICK BLVD STE A
    NEWPORT NEWS,VA23601     		NONE PC GENERAL SUPPORT 10,000
    ANNA JULIA COOPER EPISCOPAL SCHOOL
    2124 N 29TH STREET
    RICHMOND,VA23223     		NONE PC GENERAL SUPPORT 134,000
    ART ON WHEELS
    3108 WEST LEIGH STREET 7
    RICHMOND,VA23230     		NONE PC GENERAL SUPPORT 1,000
    ASK
    5211 WEST BROAD STREET
    RICHMOND,VA23230     		NONE PC GENERAL SUPPORT 2,500
    BOLLING HAXALL HOUSE FOUNDATION
    211 E FRANKLIN ST
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 1,000
    BON SECOURS RICHMOND HEALTH CARE FNDTN
    7229 FOREST AVENUE SUITE 200
    RICHMOND,VA23226     		NONE PC GENERAL SUPPORT 45,000
    BOYS & GIRLS CLUBS OF CHARLOTTESVILLE
    108 5TH ST SE
    CHARLOTTESVILLE,VA22902     		NONE PC GENERAL SUPPORT 4,000
    BSA TROOP 444
    4200 CARY STREET RD
    RICHMOND,VA23221     		NONE PC GENERAL SUPPORT 500
    CENTERSTAGE FOUNDATION
    111 VIRGINIA ST 100
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 7,000
    CHARLOTTESVILLE COMMUNITY BASEBALL INC
    P O BOX 4836
    CHARLOTTESVILLE,VA22905     		NONE PC GENERAL SUPPORT 8,000
    CHARLOTTESVILLE FREE CLINIC
    1138 ROSE HILL DRIVE STE 200
    CHARLOTTESVILLE,VA22903     		NONE PC GENERAL SUPPORT 4,000
    CHILDREN'S MUSEUM OF RICHMOND
    2626 WEST BROAD STREET
    RICHMOND,VA23220     		NONE PC GENERAL SUPPORT 1,000
    CHILDSAVERS
    200 N 22ND STREET
    RICHMOND,VA23223     		NONE PC GENERAL SUPPORT 3,000
    CHURCH HILL ACTIVITIES & TUTORING
    601 N 31ST STREET
    RICHMOND,VA23223     		NONE PC GENERAL SUPPORT 2,500
    COLLEGE OF CHARLESTON FOUNDATION
    66 GEORGE ST
    CHARLESTON,SC29424     		NONE PC GENERAL SUPPORT 5,000
    COLLEGIATE SCHOOL
    NORTH MOORELAND ROAD
    RICHMOND,VA23229     		NONE PC GENERAL SUPPORT 835,000
    COMMUNITIES IN SCHOOLS OF RICHMOND
    2922 WEST MARSHALL ST STE 2
    RICHMOND,VA23230     		NONE PC GENERAL SUPPORT 1,000
    CONNECTICUT CHILDREN'S MEDICAL CENTER
    282 WASHINGTON ST
    HARTFORD,CT06106     		NONE PC GENERAL SUPPORT 5,000
    DARDEN SCHOOL FOUNDATION
    P O BOX 7726
    CHARLOTTESVILLE,VA22906     		NONE PC GENERAL SUPPORT 1,818,000
    DARTMOUTH COLLEGE
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		NONE PC GENERAL SUPPORT 20,000
    FAISON SCHOOL FOR AUTISM
    1701 BYRD AVENUE
    RICHMOND,VA23230     		NONE PC GENERAL SUPPORT 258,000
    FELLOWSHIP OF CHRISTIAN ATHLETES
    308 CROWELL LANE
    LYNCHBURG,VA24502     		NONE PC GENERAL SUPPORT 1,000
    FIELD SCHOOL OF CHARLOTTESVILLE
    P O BOX 4234
    CHARLOTTESVILLE,VA22905     		NONE PC GENERAL SUPPORT 46,500
    FIGHTSMA
    8016 STAPLES MILL ROAD
    RICHMOND,VA23228     		NONE PC GENERAL SUPPORT 2,500
    FRANKLIN-SOUTHAMPTON AREA UNITED WAY
    P O BOX 366
    FRANKLIN,VA23851     		NONE PC GENERAL SUPPORT 1,000
    FREDERICK BANTING FOUNDATION
    6 QUEENS PARK CRESCENT WEST RM 10
    TORONTO,ONS 3H2
    CA     		NONE PC GENERAL SUPPORT 800,000
    FULL CIRCLE GRIEF CENTER
    10611 PATTERSON AVENUE BLDG 201
    RICHMOND,VA23238     		NONE PC GENERAL SUPPORT 1,000
    GRAND TETON NATIONAL PARK FOUNDATION
    25 S WILLOW SUITE 10
    JACKSON,WY83001     		NONE PC GENERAL SUPPORT 2,500
    HEART OF VA COUNCIL BSA
    4015 FITZHUGH AVENUE
    RICHMOND,VA23230     		NONE PC GENERAL SUPPORT 7,500
    HIGH STREET UNITED METHODIST CHURCH
    P O BOX 218
    FRANKLIN,VA23851     		NONE PC GENERAL SUPPORT 15,000
    HILTON HEAD HEROES
    6 RED MAPLE ROAD
    HILTON HEAD,SC29928     		NONE PC GENERAL SUPPORT 8,000
    HOLLINGS CANCER CENTER
    86 JONATHAN LUCAS STREET MSC 955
    CHARLESTON,SC29425     		NONE PC GENERAL SUPPORT 10,000
    HUNTERS FOR THE HUNGRY
    PO BOX 304
    BIG ISLAND,VA24526     		NONE PC GENERAL SUPPORT 250
    JACK & ABBY NEONATAL FOUNDATION
    P O BOX 2628
    GLEN ALLEN,VA23058     		NONE PC GENERAL SUPPORT 8,000
    JAMES RIVER ASSOCIATION
    4833 OLD MAIN STREET
    RICHMOND,VA23231     		NONE PC GENERAL SUPPORT 5,000
    JDRF
    1801 LIBBIE AVENUE STE 106
    RICHMOND,VA23226     		NONE PC GENERAL SUPPORT 1,000
    JOURNEYS SCHOOL OF TETON SCIENCE SCHOOLS
    700 COYOTE CANYON ROAD
    JACKSON,WY83001     		NONE PC GENERAL SUPPORT 8,000
    JR BRD SHELTERING ARMS PHYS REHAB HOSP
    P O BOX 8762
    RICHMOND,VA23226     		NONE PC GENERAL SUPPORT 1,000
    JUNIOR ACHIEVEMENT OF CENRAL VIRGINIA
    7217 WEST BROAD STREET
    RICHMOND,VA23294     		NONE PC GENERAL SUPPORT 5,000
    JUNIOR LEAGUE OF RICHMOND
    205 WEST FRANKLIN STREET
    RICHMOND,VA23220     		NONE PC GENERAL SUPPORT 1,000
    KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION
    THE KENAN CENTER CB 3440
    CHAPEL HILL,NC275993440     		NONE PC GENERAL SUPPORT 80,000
    KIAWAH ISLAND CONSERVANCY
    80 KESTREL COURT
    KIAWAH ISLAND,SC29455     		NONE PC GENERAL SUPPORT 1,000
    LAFAYETTE COLLEGE
    307 MARKLE HALL
    EASTON,PA18042     		NONE PC GENERAL SUPPORT 15,000
    LEWIS GINTER BOTANICAL GARDEN
    1800 LAKESIDE AVE
    HENRICO,VA23228     		NONE PC GENERAL SUPPORT 2,500
    LIGHT HOUSE STUDIO
    121 EAST WATER STREET
    CHARLOTTESVILLE,VA22902     		NONE PC GENERAL SUPPORT 20,000
    MARTHA JEFFERSON HOSPITAL FOUNDATION
    459 LOCUST AVENUE
    CHARLOTTESVILLE,VA22902     		NONE PC GENERAL SUPPORT 15,000
    MARY BALDWIN COLLEGE
    318 PROSPECT ST
    STAUNTON,VA24401     		NONE PC GENERAL SUPPORT 10,000
    MASSEY CANCER CENTER
    P O BOX 980037
    RICHMOND,VA232980037     		NONE PC GENERAL SUPPORT 10,760
    MAYMONT FOUNDATION
    1700 HAMPTON STREET
    RICHMOND,VA23220     		NONE PC GENERAL SUPPORT 275,000
    MAYO CLINIC
    200 FIRST STREET SW
    ROCHESTER,MN559050001     		NONE PC GENERAL SUPPORT 100,000
    MCV FOUNDATION
    1228 E BROAD ST
    RICHMOND,VA23298     		NONE PC GENERAL SUPPORT 2,000
    METRO RICHMOND SPORTS BACKERS
    100 AVENUE OF CHAMPIONS STE 300
    RICHMOND,VA23230     		NONE PC GENERAL SUPPORT 13,000
    MILLER CENTER FOUNDATION
    P O BOX 400807
    CHARLOTTESVILLE,VA229044807     		NONE PC GENERAL SUPPORT 2,000
    MILLER SCHOOL OF ALBEMARLE
    1000 SAMUEL MILLER LOOP
    CHARLOTTESVILLE,VA22903     		NONE PC GENERAL SUPPORT 18,500
    MIT
    500 MAIN STREET
    CAMBRIDGE,MA021394822     		NONE PC GENERAL SUPPORT 65,667
    MOTHER EMANUEL HOPE FUND
    P O 304
    CHARLESTON,SC29402     		NONE PC GENERAL SUPPORT 9,000
    NATIONAL MS SOCIETY
    4200 INNSLAKE DRIVE STE 301
    GLEN ALLEN,VA23060     		NONE PC GENERAL SUPPORT 10,000
    NOAH'S CHILDREN
    5875 BREMO ROAD STE 305
    RICHMOND,VA23226     		NONE PC GENERAL SUPPORT 16,750
    PARTNERSHIP FOR NONPROFIT EXCELLENCE
    7501 BOULDERS VIEW DRIVE STE 101
    RICHMOND,VA232254047     		NONE PC GENERAL SUPPORT 1,000
    PARTNERSHIP FOR THE FUTURE
    4521 HIGHWOODS PARKWAY
    GLEN ALLEN,VA23060     		NONE PC GENERAL SUPPORT 1,000
    PAUL D CAMP COMMUNITY COLLEGE
    100 N COLLEGE DR
    FRANKLIN,VA23851     		NONE PC GENERAL SUPPORT 1,000
    PEABODY SCHOOL
    1232 STONEY RIDGE ROAD
    CHARLOTTESVILLE,VA22902     		NONE PC GENERAL SUPPORT 86,250
    PLANNED PARENTHOOD SOUTH ATLANTIC
    2964 HYDRAULIC ROAD
    CHARLOTTESVILLE,VA22901     		NONE PC GENERAL SUPPORT 4,000
    POSITIVE VIBE FOUNDATION
    2825 HATHAWAY ROAD
    RICHMOND,VA23225     		NONE PC GENERAL SUPPORT 20,000
    RICHMOND BALLET
    407 EAST CANAL STREET
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 4,000
    RICHMOND FIRST TEE
    9211 FOREST HILL ROAD STE 104
    RICHMOND,VA23235     		NONE PC GENERAL SUPPORT 28,000
    RICHMOND SPCA
    2519 HERMITAGE RD
    RICHMOND,VA23220     		NONE PC GENERAL SUPPORT 2,000
    RICHMOND SYMPHONY
    612 EAST GRACE STREET STE 401
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 5,000
    ROANOKE CATHOLIC SCHOOL
    621 NORTH JEFFERSON STREET
    ROANOKE,VA24016     		NONE PC GENERAL SUPPORT 185,250
    ROBERT E LEE MEMORIAL ASSOCIATION
    483 GREAT HOUSE ROAD
    STRATFORD,VA22558     		NONE PC GENERAL SUPPORT 7,300
    SCIENCE MUSEUM OF VIRGINIA FOUNDATION
    P O BOX 11624
    RICHMOND,VA232300624     		NONE PC GENERAL SUPPORT 2,500
    SPECIAL OLYMPICS VIRGINIA
    3212 SKIPWITH ROAD SUITE 100
    RICHMOND,VA23294     		NONE PC GENERAL SUPPORT 5,000
    SPORTABLE
    1365 OVERBROOK RD ROOM 2
    RICHMOND,VA23220     		NONE PC GENERAL SUPPORT 1,500
    ST ANDREW'S SCHOOL
    227 S CHERRY STREET
    RICHMOND,VA23220     		NONE PC GENERAL SUPPORT 2,500
    ST ANNE'S - BELFIELD SCHOOL
    2132 IVY ROAD
    CHARLOTTESVILLE,VA22903     		NONE PC GENERAL SUPPORT 268,000
    ST STEPHEN'S EPISCOPAL CHURCH
    6000 GROVE AVENUE
    RICHMOND,VA23226     		NONE PC GENERAL SUPPORT 224,000
    THE COLLEGE FOUNDATION OF UVA
    P O BOX 400801
    CHARLOTTESVILLE,VA22904     		NONE PC GENERAL SUPPORT 25,000
    THE COMMUNITY FOUNDATION
    7501 BOULDERS VIEW DR STE 110
    RICHMOND,VA23225     		NONE PC GENERAL SUPPORT 10,000
    THE LAWRENCEVILLE SCHOOL
    PO BOX 6125
    LAWRENCEVILLE,NJ08648     		NONE PC GENERAL SUPPORT 22,500
    THE LEUKEMIA & LYMPHOMA SOCIETY
    5540 FALMOUTH STREET SUITE 101
    RICHMOND,VA23230     		NONE PC GENERAL SUPPORT 500
    THE MONTPELIER FOUNDATION
    P O BOX 911
    ORANGE,VA22960     		NONE PC GENERAL SUPPORT 4,000
    THE RICHMOND FORUM
    6968 FOREST HILL AVENUE
    RICHMOND,VA23225     		NONE PC GENERAL SUPPORT 1,520
    THE THOMAS JEFFERSON FOUNDATION
    P O BOX 316
    CHARLOTTESVILLE,VA22902     		NONE PC GENERAL SUPPORT 20,000
    THE VIRGINIA HOME
    1101 HAMPTON STREET
    RICHMOND,VA23220     		NONE PC GENERAL SUPPORT 94,000
    THISTLE FARMS
    5122 CHARLOTTE AVE
    NASHVILLE,TN37209     		NONE PC GENERAL SUPPORT 40,000
    TREASURER CHESTERFIELD COUNTY
    PO BOX 26585
    RICHMOND,VA232850088     		NONE PC GENERAL SUPPORT 500
    TUCKAHOE VOLUNTEER RESCUE SQUAD
    1101 HORSEPEN RD
    RICHMOND,VA23229     		NONE PC GENERAL SUPPORT 250
    U-TURN INC
    2101 MAYWILL ST
    RICHMOND,VA23230     		NONE PC GENERAL SUPPORT 2,500
    US SKI AND SNOWBOARD FOUNDATION
    BOX 100
    PARK CITY,UT84060     		NONE PC GENERAL SUPPORT 8,500
    UNITED WAY
    P O BOX 91706
    RICHMOND,VA232911706     		NONE PC GENERAL SUPPORT 25,000
    UNITED WAY OF COASTAL GEORGIA
    P O BOX 877
    BRUNSWICK,GA31521     		NONE PC GENERAL SUPPORT 1,000
    UNIVERSITY OF VIRGINIA
    P O BOX 400807
    CHARLOTTESVILLE,VA229044220     		NONE PC GENERAL SUPPORT 58,500
    UVA ALUMNI ASSOCIATION
    P O BOX 400314
    CHARLOTTESVILLE,VA229044314     		NONE PC GENERAL SUPPORT 11,500
    UVA CENTER FOR POLITICS
    BOX 400806
    CHARLOTTESVILLE,VA22904     		NONE PC GENERAL SUPPORT 1,000
    UVA COLLEGE AT WISE
    1 COLLEGE AVE
    WISE,VA24293     		NONE PC GENERAL SUPPORT 2,000
    UVA HEALTH FOUNDATION
    P O BOX 800773
    CHARLOTTESVILLE,VA22908     		NONE PC GENERAL SUPPORT 349,500
    VA CHILDREN'S HOSPITAL ALLIANCE
    P O BOX 230
    MANAKINSABOT,VA23103     		NONE PC GENERAL SUPPORT 455,697
    VA FOUNDATION FOR INDEPENDENT COLLEGES
    8010 RIDGE ROAD STE B
    RICHMOND,VA23229     		NONE PC GENERAL SUPPORT 2,500
    VCU SCHOOL OF ENGINEERING FOUNDATION
    P O BOX 843068
    RICHMOND,VA232843068     		NONE PC GENERAL SUPPORT 25,000
    VILLAGE AT WOOD'S EDGE
    1401 NORTH HIGH STREET
    FRANKLIN,VA23851     		NONE PC GENERAL SUPPORT 10,000
    VIRGINIA ATHLETICS FOUNDATION
    P O BOX 400883
    CHARLOTTESVILLE,VA229044833     		NONE PC GENERAL SUPPORT 191,600
    VIRGINIA BUSINESS HIGHER ED COUNCIL
    1108 E MAIN ST 1100
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 2,500
    VIRGINIA CENTER FOR INCLUSIVE COMMUNITIES
    5511 STAPLES MILL RD STE 202
    RICHMOND,VA23228     		NONE PC GENERAL SUPPORT 2,500
    VIRGINIA EPISCOPAL SCHOOL
    400 VES ROAD
    LYNCHBURG,VA24503     		NONE PC GENERAL SUPPORT 10,000
    VIRGINIA HISTORICAL SOCIETY
    P O BOX 7311
    RICHMOND,VA23221     		NONE PC GENERAL SUPPORT 69,167
    VIRGINIA HOME FOR BOYS AND GIRLS
    8716 WEST BROAD STREET
    RICHMOND,VA23294     		NONE PC GENERAL SUPPORT 5,000
    VIRGINIA MUSEUM OF FINE ARTS
    200 NORTH BOULEVARD
    RICHMOND,VA232204007     		NONE PC GENERAL SUPPORT 7,114
    VIRGINIA STATE UNIVERSITY
    1 HAYDEN DRIVE
    PETERSBURG,VA23806     		NONE PC GENERAL SUPPORT 25,000
    VIRGINIA TECH FOUNDATION
    902 PRICES FORK RD SUITE 4500
    BLACKSBURG,VA24060     		NONE PC GENERAL SUPPORT 2,505,000
    VIRGINIA THEOLOGICAL SEMINARY
    3737 SEMINARY ROAD
    ALEXANDRIA,VA22304     		NONE PC GENERAL SUPPORT 5,000
    WASHINGTON & LEE UNIVERSITY
    204 W WASHINGTON ST
    LEXINGTON,VA24450     		NONE PC GENERAL SUPPORT 152,619
    WESTMINISTER CANTERBURY FOUNDATION
    1600 WESTBROOK AVE
    RICHMOND,VA23227     		NONE PC GENERAL SUPPORT 5,000
    WILDERNESS ALTERNATIVES INCORPORATED
    13805 VILLAGE MILL DRIVE
    MIDLOTHIAN,VA231144304     		NONE PC GENERAL SUPPORT 2,500
    WORLD GOLF FOUNDATION - THE FIRST TEE
    1 WORLD GOLF PLACE
    ST AUGUSTINE,FL32092     		NONE PC GENERAL SUPPORT 100,000
    WORLD PEDIATRIC PROJECT
    7201 GLEN FOREST DRIVE STE 304
    RICHMOND,VA23226     		NONE PC GENERAL SUPPORT 1,600
    YWCA OF RICHMOND
    6 NORTH FIFTH STREET
    RICHMOND,VA23219     		NONE PC GENERAL SUPPORT 3,750
    Total .................................bullet 3a 10,676,044
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 0 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    130
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    COMMONWEALTH FOUNDATION I (EIN 62-1668516) 509(A) COMMON DIRECTORS
    COMMONWEALTH FOUNDATION II (EIN 62-1668517) 509(A) COMMON DIRECTORS
    COMMONWEALTH FOUNDATION III (EIN 62-1668518) 509(A) COMMON DIRECTORS
    COMMONWEALTH FOUNDATION IV (EIN 62-1668519) 509(A) COMMON DIRECTORS
    COMMONWEALTH FOUNDATION V (EIN 62-1668521) 509(A) COMMON DIRECTORS
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    COMMONWEALTH FOUNDATIONS
     
    Employer identification number

    46-5103846
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    COMMONWEALTH FOUNDATIONS
          		Employer identification number
    46-5103846
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    COMMONWEALTH FOUNDATION I (EIN 62-1668516)
     

       
    800 E CANAL ST STE 1900
     
    RICHMOND, VA23219

    		$ 2,153,873


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    COMMONWEALTH FOUNDATION II (EIN 62-1668517)
     

       
    800 E CANAL ST STE 1900
     
    RICHMOND, VA23219

    		$ 2,153,873


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    COMMONWEALTH FOUNDATION III (EIN 62-1668518)
     

       
    800 E CANAL ST STE 1900
     
    RICHMOND, VA23219

    		$ 2,153,873


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    COMMONWEALTH FOUNDATION IV (EIN 62-1668519)
     

       
    800 E CANAL ST STE 1900
     
    RICHMOND, VA23219

    		$ 2,153,873


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    COMMONWEALTH FOUNDATION V (EIN 62-1668521)
     

       
    800 E CANAL ST STE 1900
     
    RICHMOND, VA23219

    		$ 2,153,873


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    COMMONWEALTH FOUNDATIONS
          		Employer identification number

    46-5103846
    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
    COMMONWEALTH FOUNDATIONS
          		Employer identification number

    46-5103846
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    COMMONWEALTH FOUNDATIONS
    EIN:
    46-5103846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,050 0   0

    TY 2015 ExplnOfNonFilingWithAGStmt
    Name:
    COMMONWEALTH FOUNDATIONS
    EIN:
    46-5103846
    Statement:
    VA CODE 57-49 REQUIRES NONPROFIT REGISTRATION/ANNUAL FILING WITH THE ATTORNEY GENERAL ONLY IF THE NONPROFIT WILL SOLICIT CONTRIBUTIONS IN VIRGINIA. COMMONWEALTH FOUNDATIONS DOES NOT SOLICIT CONTRIBUTIONS BY ANY MEANS IN ANY STATE, AND IS NOT REQUIRED TO FILE ITS FORM 990-PF WITH THE VA ATTORNEY GENERAL'S OFFICE.

    TY 2015 GeneralExplanationAttachment
    Name:
    COMMONWEALTH FOUNDATIONS
    EIN:
    46-5103846
    Identifier Return Reference Explanation
      FOOTNOTE TO FORM 990-PF COMMONWEALTH FOUNDATIONS HEREBY ELECTS TO BE TREATED AS A CONDUIT FOUNDATION WITHIN THE MEANING OF IRC SECTION 170(B)(1)(F). FOR TAX YEAR ENDED 12/31/15, COMMONWEALTH FOUNDATIONS HAS DISTRIBUTED IN 2015 (AND BEFORE MARCH 15, 2016) AND TREATED AS A DISTRIBUTION OUT OF CORPUS FROM THE 2015 QUALIFYING DISTRIBUTIONS MADE BY COMMONWEALTH FOUNDATIONS THE AMOUNT OF $10,769,364 IN ACCORDANCE WITH THE RULES OF IRC SECTION 4942(H) AND THE REGULATIONS THEREUNDER. THESE DISTRIBUTIONS FROM CORPUS EQUAL THE AMOUNT OF THE CONTRIBUTIONS RECEIVED BY COMMONWEALTH FOUNDATIONS DURING 2015 OF $10,769,364.

    TY 2015 LegalFeesSchedule
    Name:
    COMMONWEALTH FOUNDATIONS
    EIN:
    46-5103846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 800 0   0


    TY 2015 OtherExpensesSchedule
    Name:
    COMMONWEALTH FOUNDATIONS
    EIN:
    46-5103846
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS 1,182 0   0


    TY 2015 SubstantialContributorsSch
    Name:
    COMMONWEALTH FOUNDATIONS
    EIN:
    46-5103846
    Name Address
    COMMONWEALTH FOUNDATION I (EIN 62-1668516)
          		800 E CANAL ST STE 1900
    RICHMOND,VA23219
    COMMONWEALTH FOUNDATION II (EIN 62-1668517)
          		800 E CANAL ST STE 1900
    RICHMOND,VA23219
    COMMONWEALTH FOUNDATION III (EIN 62-1668518)
          		800 E CANAL ST STE 1900
    RICHMOND,VA23219
    COMMONWEALTH FOUNDATION IV (EIN 62-1668519)
          		800 E CANAL ST STE 1900
    RICHMOND,VA23219
    COMMONWEALTH FOUNDATION V (EIN 62-1668521)
          		800 E CANAL ST STE 1900
    RICHMOND,VA23219