Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
NATIONAL GRID FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)175 EAST OLD COUNTRY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HICKSVILLE, NY11801
A Employer identification number

11-3466416
B Telephone number (see instructions)

(516) 545-6100
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$33,510,940J 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)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 738,908 740,814  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,596,940
b Gross sales price for all assets on line 6a 58,096,240
7 Capital gain net income (from Part IV, line 2)... 6,038,052
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 159,236 -3,430 0
12 Total. Add lines 1 through 11........ 9,495,084 6,775,436 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 175,360 0 0 165,657
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 42,935 0 0 44,633
c Other professional fees (attach schedule).... Click to see attachment 185,090 15,570 0 169,520
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 73,000 0 0 750
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 80,962 68 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 557,347 15,638 0 380,560
25 Contributions, gifts, grants paid....... 1,446,900 1,446,900
26 Total expenses and disbursements. Add lines 24 and 25 2,004,247 15,638 0 1,827,460
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,490,837
b Net investment income (if negative, enter -0-) 6,759,798
c Adjusted net income (if negative, enter -0-)... 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............. 356,348 84,516 84,516
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet34,578
Less: allowance for doubtful accounts bullet   46,441 34,578 34,578
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)....... 543,886 Click to see attachment0 0
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).......... 34,913,044 Click to see attachment33,160,023 33,160,023
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment15,167 Click to see attachment231,823 Click to see attachment231,823
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 35,874,886 33,510,940 33,510,940
Liabilities 17 Accounts payable and accrued expenses.......... 59,179  
18 Grants payable.................. 85,000  
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment295,445 Click to see attachment105,912
23 Total liabilities (add lines 17 through 22)......... 439,624 105,912
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 35,435,262 33,405,028
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 35,435,262 33,405,028
31 Total liabilities and net assets/fund balances (see instructions). 35,874,886 33,510,940
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
35,435,262
2
Enter amount from Part I, line 27a .....................
2
7,490,837
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
42,926,099
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
9,521,071
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
33,405,028
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.)
1 a disposition of investment partnerships P 2009-01-01 2015-01-31
b publicly traded securities      
c Capital Gains/(losses) from Partnerships P    
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 16,058,627   12,104,863 3,953,764
b 42,037,613   39,950,609 2,087,004
c     2,716 -2,716
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       3,953,764
b       2,087,004
c       -2,716
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 6,038,052
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 0
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 1,664,177 35,696,759 0.046620
2013 1,609,789 33,193,829 0.048497
2012 1,673,591 30,648,946 0.054605
2011 1,197,885 29,753,150 0.040261
2010 1,283,234 24,190,377 0.053047
2
Total of line 1, column (d) .....................
20.243030
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.048606
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
35,017,364
5
Multiply line 4 by line 3......................
5
1,702,054
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
67,598
7
Add lines 5 and 6........................
7
1,769,652
8
Enter qualifying distributions from Part XII, line 4.............
8
1,827,460
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 67,598
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 67,598
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 67,598
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 127,853
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.............. 7 127,853
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 60,255
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet60,255 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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. ...............................
    10
     
    No
    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 addressbullethttp://nationalgridfoundation.com
    14
    The books are in care ofbulletNATIONAL GRID FOUNDATION Telephone no.bullet (516) 545-6100

    Located atbullet175 EAST OLD COUNTRY ROADHICKSVILLENY ZIP+4bullet11801
    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
     
    No
    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
    Albert c wiltshire Chairman
    0.44     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Donald H Elliott Vice Chairman
    0.38     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Robert B Catell Vice Chairman
    0.38     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Michael J Taunton Treasurer
    1.30     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Eileen R Cohen Director
    0.35     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Louis A Elisa II Director
    0.35     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Carmen Fields Director
    0.35     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Melanie W Littlejohn Director
    0.35     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Lorraine M Lynch Director
    0.35     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    George Mayhew Director
    0.23     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Rev Dr Gary V Simpson Director
    0.30     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Stephen W McCaffrey Chief Counsel
    3.30     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Robert G Keller President
    40.00     		165,657 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    Jean Tesoriero Secretary, Vice President & Program Of
    40.00     		0 0 0
    175 EAST OLD COUNTRY ROAD
    HICKSVILLE,NY11801
    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
    PROFESSIONAL TEMPORARY INC CONSULTING SERVICE 169,520
    1100 FRANKLIN AVENUE SUITE 106
    GARDEN CITY,NY11530
    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
    35,499,610
    b
    Average of monthly cash balances.......................
    1b
    51,013
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    35,550,623
    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
    35,550,623
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    533,259
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    35,017,364
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,750,868
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,750,868
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    67,598
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    67,598
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,683,270
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,683,270
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,683,270
    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
    1,827,460
    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
    1,827,460
    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
    67,598
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,759,862
    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 1,683,270
    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...... 27,558
    b From 2011......  
    c From 2012...... 167,754
    d From 2013...... 21,475
    e From 2014......  
    fTotal of lines 3a through e........ 216,787
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,827,460
    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..... 1,683,270
    e Remaining amount distributed out of corpus 144,190
    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 5 360,977
    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) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		27,558
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		333,419
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 167,754
    c Excess from 2013.... 21,475
    d Excess from 2014....  
    e Excess from 2015.... 144,190
    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 e-mail address of the person to whom applications should be addressed:
    ROBERT G KELLER PRESIDENT
    175 OLD COUNTRY RD
    HICKSVILLE,NY11801
    (516) 545-6100
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS ARE ACCEPTED THROUGH THE ON-LINE APPLICATION SYSTEM ENTITLED CYBERGRANTS.
    cAny submission deadlines:
    THROUGH OCTOBER 31 OF ANY GIVEN YEAR, HOWEVER, AT TIMES, THE DEADLINE IS EXTENDED
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE NATIONAL GRID FOUNDATION GENERALLY PROVIDES GRANTS TO SUPPORT ORGANIZATIONS THAT ENGAGE IN ENVIRONMENTAL AND EDUCATIONAL PROGRAMMING AS WELL AS EMERGENCY FUEL NEUTRAL HEATING FUNDS WITHIN ITS GRANT MAKING TERRITORY ACROSS THE NORTHEAST. ON OCCASION, THE BOARD OF DIRECTORS MAY CHOOSE TO SUPPORT ORGANIZATIONS AND EFFORTS THAT FALL OUTSIDE THESE PARAMETERS
    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
    Baruch College Fund
    One Bernard Baruch Way
    New York,NY10010     		NONE PC SEEK Program: Math Intervention Project 15,000
    Brooklyn Bar Association Volunteer Lawyers Project Inc
    44 Court St Suite 1206
    Brooklyn,NY11201     		NONE PC National Grid Foundation Senior Legal Education and Assistance Program 15,000
    Brooklyn Historical Society
    128 Pierrepont St
    Brooklyn,NY11201     		NONE PC Civil War Professional Learning Workshop and Free School Tours 15,000
    Brooklyn Public Library
    10 Grand Army Plaza Brooklyn NY
    Brooklyn,NY11238     		NONE PC Summer Reading 2015 50,000
    Buffalo and Erie Botanical Gardens Society Inc
    2655 South Park Ave
    Buffalo,NY14218     		NONE PC Hands on Educational Programs 5,000
    Catholic Charities of the Diocese of Albany
    40 N Main Avenue
    Albany,NY12203     		NONE PC 2015/2016 Emergency Energy Assistance Fund 115,000
    Citizens (Committee) for New York City Inc
    77 Water Street Suite 202
    New York,NY10005     		NONE PC National Grid Foundation DIY (Do It Yourself) Green Blocks Workshops 25,000
    Cradle of Aviation Museum Museums at Mitchel Inc
    One Davis Avenue
    Garden City,NY11530     		NONE PC Expanded Learning Time Program 25,000
    Cristo Rey Brooklyn High School
    710 East 37th Street
    Brooklyn,NY11203     		NONE PC 2015 National Grid Foundation Summer Training Institute 30,000
    Cristo Rey Brooklyn High School
    710 East 37th Street
    Brooklyn,NY11203     		NONE PC Supplemental General Program Support Grant 5,000
    Dancewave Inc
    45 Fourth Avenue
    Brooklyn,NY11217     		NONE PC D-Wave In Motion Dance Residency 9,000
    Supplemental
    45 Fourth Avenue
    Brooklyn,NY11217     		NONE PC Supplemental General Program Support Grant 5,000
    Day One
    100 Medway Street
    Providence,RI02906     		NONE PC School based Prevention Education Program 15,000
    Foundation Center
    32 Old Slip 24th Floor
    New York,NY10005     		NONE PC Funding Information Network 20,000
    Friends of the Children Boston Inc
    555 Amory St
    Boston,MA02130     		NONE PC Achievers Program 15,000
    Friends of the Children Boston Inc
    555 Amory St Boston MA
    Boston,MA02130     		NONE PC Supplemental General Program Support Grant 5,000
    Grace International Inc Bed-Stuy Campaign Against Hunger Inc
    2010 Fulton Street
    Brooklyn,NY11233     		NONE PC Healing Garden Pilot Initiative Year II 45,000
    Grace International Inc Bed-Stuy Campaign Against Hunger Inc
    2010 Fulton Street
    Brooklyn,NY11233     		NONE PC Supplemental General Program Support Grant 5,000
    Helen Keller Services for the Blind
    57 Willoughby St
    Brooklyn,NY11201     		NONE PC Pre-vocation and Placement Services Program 15,000
    Latino Stem Alliance Inc
    20 Moraine Street
    Boston,MA02130     		NONE PC School Based Robotics Program 25,000
    Latino Stem Alliance Inc
    20 Moraine Street
    Boston,MA02130     		NONE PC Supplemental General Program Support Grant 5,000
    Literacy Volunteers of Greater Syracuse
    100 New St
    Syracuse,NY13201     		NONE PC Rescue Mission Pilot Program 12,500
    Literacy Volunteers of Greater Worcester
    3 Salem Square
    Worchester,MA01608     		NONE PC English for Work 6,000
    Literacy Volunteers of Greater Worcester
    100 Medway Street
    Providence,RI02906     		NONE PC Supplemental General Program Support Grant 5,000
    Madison Square Boys and Girls Club Inc
    733 Third Avenue Floor 2
    New York,NY10017     		NONE PC Explorers Academy 9,800
    Madison Square Boys and Girls Club Inc
    733 Third Avenue Floor 2
    New York,NY10017     		NONE PC Supplemental General Program Support Grant 5,000
    Mass Biotech Center
    300 Technology Square 8th floor
    Cambridge,MA02139     		NONE PC BioTech Program 20,000
    Mercy Works Incorporated
    1221 S Salina Street
    Syracuse,NY13202     		NONE PC 2015 Synergy Leadership Training Program 15,000
    Mercy Works Incorporated
    1221 S Salina Street
    Syracuse,NY13202     		NONE PC Supplemental General Program Support Grant 5,000
    Merrimack Valley YMCA
    101 Amesbury St 4th floor
    Lawrence,MA01840     		NONE PC Lawrence YMCA After School Program 9,500
    Molloy College
    1000 Hempstead Avenue
    Rockville Centre,NY11571     		NONE PC National Grid Foundation Teaching Green Institute 2015 35,000
    Mosaico Community Development Corporation
    500 Wood Street
    Bristol,RI02809     		NONE PC YES! Summer Program 7,500
    On Point for College Inc
    1654 W Onondaga Street
    Syracuse,NY13204     		NONE PC 2015 Summer Orientation Program 15,000
    On Point for College Inc
    1654 W Onondaga Street
    Syracuse,NY13204     		NONE PC Supplemental General Program Support Grant 5,000
    Partners for Education and Business Inc
    5788 Widewaters Parkway
    Syracuse,NY13214     		NONE PC Teacher-in-the-Workplace Program 15,000
    Providence College
    1 Cunningham Square
    Providence,RI02918     		NONE PC Hoops for the Stars Program 35,000
    Read To Succeed Inc
    175 Hillside Road
    Cranston,RI02920     		NONE PC 2015 Read to Succeed Scholars Program 9,800
    Read To Succeed Inc
    175 Hillside Road
    Cranston,RI02920     		NONE PC Supplemental General Program Support Grant 5,000
    Rensselaer Polytechnic Institute
    110 8th Street Chasan Building
    troy,NY12180     		NONE PC Shoot for the Stars Program 15,000
    Save The Harbor Save The Bay Inc
    212 Northern Avenue Suite 304 West
    Boston,MA02210     		NONE PC 2015 Youth Environmental Education Programs 9,800
    Save The Harbor Save The Bay Inc
    212 Northern Avenue Suite 304 West
    Boston,MA02210     		NONE PC Supplemental General Program Support Grant 5,000
    Say Yes to Education Inc
    320 Park Ave 21st floor
    New York,NY10022     		NONE PC Say Yes Summer Enrichment Program 30,000
    SeniorNet
    790 Park Avenue
    Huntington,NY11743     		NONE PC SeniorNet at Family Service League, Long Island Computer Learning Center 9,800
    SeniorNet
    790 Park Avenue
    Huntington,NY11743     		NONE PC Supplemental General Program Support Grant 5,000
    Siena College
    515 Loudon Road
    Loudonville,NY12211     		NONE PC Hoops for the Stars Program 25,000
    St Francis College
    180 Remsen Street
    Brooklyn,NY11201     		NONE PC Project Access Program 25,000
    St Joseph High School
    80 Willoughby Street
    Brooklyn,NY11201     		NONE PC College Preparation/Placement Program 20,000
    St Joseph High School
    80 Willoughby Street
    Brooklyn,NY11201     		NONE PC Supplemental General Program Support Grant 5,000
    (Suffolk County) Vanderbilt Museum
    180 Little Neck Road
    Centerport,NY11721     		NONE PC Discovering the Universe Mobile Classroom 20,000
    Syracuse University
    820 Comstock Avenue
    Syracuse,NY13244     		NONE PC Hoops for the Stars Program 35,000
    The Concord Baptist Church of Christ
    833 Gardner C Taylor Boulevard
    Brooklyn,NY11216     		NONE PC 2015 Freedom School Summer Program 30,000
    The Concord Baptist Church of Christ
    833 Gardner C Taylor Boulevard
    Brooklyn,NY11216     		NONE PC Supplemental General Program Support Grant 5,000
    The Hope Program Inc
    One Smith Street
    Brooklyn,NY11201     		NONE PC Technical Skills Education Program 15,000
    The Hope Program Inc
    One Smith Street
    Brooklyn,NY11201     		NONE PC Supplemental General Program Support Grant 5,000
    The Interfaith Community Dire Emergency Fund
    One Cathedral Square
    Providence,RI02903     		NONE PC "Keep the Heat On" Fund 15,000
    The Interfaith Community Dire Emergency Fund
    One Cathedral Square
    Providence,RI02903     		NONE PC "Keep the Heat On" Fund 100,000
    Thornton W Burgess Society
    6 Discovery Hill Road
    Sandwich,MA02537     		NONE PC Project L.I.F.E. (Lessons in Field Ecology) Program 9,700
    Thornton W Burgess Society
    6 Discovery Hill Road
    Sandwich,MA02537     		NONE PC Supplemental General Program Support Grant 5,000
    Trinity Alliance of the Capital Region Inc
    15 Trinity Place
    Albany,NY12202     		NONE PC Crafts Arts Recreation and Education (CARE) Program 30,000
    Trinity Alliance of the Capital Region Inc
    15 Trinity Place
    Albany,NY12202     		NONE PC Supplemental General Program Support Grant 5,000
    United Way of Long Island Inc
    819 Grand Boulevard
    Deer Park,NY11729     		NONE PC Project Warmth 125,000
    United Way of Massachusetts Bay Inc
    51 Sleeper Street
    Boston,MA02210     		NONE PC Emergency Home Energy Assistance Program 30,000
    United Way of Massachusetts Bay Inc
    51 Sleeper Street
    Boston,MA02210     		NONE PC Emergency Home Energy Assistance Program 130,000
    University of Rhode Island Foundation
    79 Upper College Road
    Kingston,RI02881     		NONE PC Hoops for the Stars Program 25,000
    Young Men's Christian Association of Long Island Inc
    200 West Main Street
    Bay Shore,NY11706     		NONE PC YMCA After School Program 9,500
    Young Men's Christian Association of Long Island Inc
    200 West Main Street
    Bay Shore,NY11706     		NONE PC Supplemental General Program Support Grant 5,000
    Young Men's Christian Association of the City of NY
    50 Broadway 13th floor
    New York,NY10004     		NONE PC YMCA of NY City High School and College Bound Initiatives 9,500
    Zephyr Education Foundation Inc
    54 Widgeon Road
    Falmouth,MA02540     		NONE PC Ocean Science Immersion Program 9,500
    Total .................................bullet 3a 1,446,900
    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....     14 738,908  
    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 ............     		    18 8,596,940  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aDEFERRED TAX BENEFIT     		    01 159,236  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 9,495,084 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    139,495,084
    (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
    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

    TY 2015 AccountingFeesSchedule
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 42,935 0 0 44,633

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Investments in marketable securities 0 0

    TY 2015 InvestmentsOtherSchedule2
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Limited Partnerships AT COST 0 0
    commingled funds AT COST 0 0
    FUND OF FUNDS AT COST 0 0
    FIXED INCOME FUNDS AT COST 0 0
    MUTUAL FUNDS AT COST 33,160,023 33,160,023

    TY 2015 OtherAssetsSchedule
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST RECEIVABLE 15,167 231,823 231,823


    TY 2015 OtherDecreasesSchedule
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Description Amount
    UNREALIZED LOSS 9,521,071


    TY 2015 OtherExpensesSchedule
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General & Administrative Exp 80,962 0 0 0
    other expenses from partnerships 0 68 0 0


    TY 2015 OtherIncomeSchedule2
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    other income from partnerships   -3,430  
    DEFERRED TAX BENEFIT 159,236   0


    TY 2015 OtherLiabilitiesSchedule
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYABLE TO NATIONAL GRID CORP 84,309 94,012
    EXCISE TAX PAYABLE 51,900 11,900
    DEFERRED EXCISE TAX PAYABLE 159,236 0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Professional Fee - OTHER Contractor 169,520 0 0 169,520
    TRUSTEE FEES 2,789 2,789 0 0
    INVESTMENT MANAGEMENT FEES 12,781 12,781 0 0


    TY 2015 TaxesSchedule
    Name:
    NATIONAL GRID FOUNDATION
    EIN:
    11-3466416
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Taxes 73,000 0 0 0
    TAX EXPENSES 0 0 0 750