TY 2014 Form 990PF

- TIN:

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

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
Bacon & Hinkley Home Inc

Number and street (or P.O. box number if mail is not delivered to street address)581 Pequot Avenue Room/suite

City or town, state or province, country, and ZIP or foreign postal code
New London, CT06320

A Employer identification number

06-0662103

B Telephone number (see instructions)

(860) 443-8624

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$4,428,859J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	124,601		124,601	124,601
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		39,185
b	Gross sales price for all assets on line 6a 644,212
7	Capital gain net income (from Part IV, line 2)...			39,185
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).......		408,009		408,009
12	Total. Add lines 1 through 11........	571,795		163,786	532,610
13	Compensation of officers, directors, trustees, etc.	79,044			54,220	25,365
14	Other employee salaries and wages......	223,177			153,088	64,907
15	Pension plans, employee benefits.......	7,736			5,306	2,261
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		16,782		11,512	5,270
c	Other professional fees (attach schedule)....		26,501	23,532	25,569	932
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		28,543		19,579	8,964
19	Depreciation (attach schedule) and depletion...		25,900		25,900
20	Occupancy..............	28,320			19,426	9,330
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		170,481		116,941	81,843
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	606,484		23,532	431,541	198,872
25	Contributions, gifts, grants paid........	0				0
26	Total expenses and disbursements. Add lines 24 and 25	606,484		23,532	431,541	198,872
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-34,689
b	Net investment income (if negative, enter -0-)			140,254
c	Adjusted net income (if negative, enter -0-)...				101,069

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	11,827	18,856	18,856
	2	Savings and temporary cash investments..........	64,806	46,613	46,632
	3	Accounts receivable 13,678
		Less: allowance for doubtful accounts	16,477	13,678	13,678
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....	807
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........	3,390	3,517	3,517
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	2,176,827	2,130,494	2,546,764
	c	Investments—corporate bonds (attach schedule)........	1,395,072	1,401,367	1,386,644
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis 1,165,230
		Less: accumulated depreciation (attach schedule) 752,462	418,563	412,768	412,768
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,087,769	4,027,293	4,428,859
	17	Accounts payable and accrued expenses..........	55,934	30,148
	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 )	1
	23	Total liabilities (add lines 17 through 22)..........	55,935	30,148
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................	4,031,834	3,997,145
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		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)......	4,031,834	3,997,145
	31	Total liabilities and net assets/fund balances (see instructions)..	4,087,769	4,027,293

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	4,031,834
2	Enter amount from Part I, line 27a.....................	2	-34,689
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	3,997,145
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	3,997,145

Form 990-PF (2014)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
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
(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)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	39,185
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 . . . . . . . . . . . . . . . .		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? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013
2012
2011
2010
2009

2	Total of line 1, column (d) ......................	2
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
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4
5	Multiply line 4 by line 3.......................	5
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7
8	Enter qualifying distributions from Part XII, line 4..............	8
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: 1986-10-23(attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	N/A
	hereand 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
3	Add lines 1 and 2...........................	3
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	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
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Yes

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

Brenda Tompkins Telephone no. bullet

(860) 443-8624

Located at bullet

581 Pequot AvenueNew LondonCT ZIP+4 bullet

06320

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

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)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Glenna M Moalli	PRESIDENT 3.00	0
581 Pequot Avenue New London,CT06320	PRESIDENT 3.00	0
Kerin Woods	Director 1.00	0
581 Pequot Avenue New London,CT06320	Director 1.00	0
Glenn A Hamler	Director 1.00	0
581 Pequot Avenue New London,CT06320	Director 1.00	0
Daniel E Moalli	Secretary 1.00	0
581 Pequot Avenue New London,CT06320	Secretary 1.00	0
Deb Butler	Director 1.00	0
581 Pequot Avenue New London,CT06320	Director 1.00	0
Donald Byles	DIRECTOR 1.00	0
581 Pequot Avenue New London,CT06320	DIRECTOR 1.00	0
Christine Crawford	Vice President 1.00	0
581 Pequot Avenue New London,CT06320	Vice President 1.00	0
Brenda Tompkins	Executive Direc 60.00	79,044	2,171
581 Pequot Avenue New London,CT06320	Executive Direc 60.00	79,044	2,171
Caroline Driscoll	Treasurer 1.00	0
581 Pequot Avenue New London,CT06320	Treasurer 1.00	0
Robert H Silverstein	DIRECTOR 1.00	0
581 Pequot Avenue New London,CT06320	DIRECTOR 1.00	0

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...................

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............. bullet

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	OPERATION OF A HOME FOR THE AGED	606,484
2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

4,124,185

Average of monthly cash balances.......................

57,015

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

4,181,200

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

4,181,200

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

62,718

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

4,118,482

Minimum investment return. Enter 5% of line 5..................

205,924

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2014 from Part VI, line 5......

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

198,872

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

20,105

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

218,977

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

218,977

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2014 from Part
XII, line 4: $
a Applied to 2013, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2014 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2014.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........
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) .......
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....
d Excess from 2013....
e Excess from 2014....

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

1973-06-17

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total
	101,069	110,397	92,028	92,796	396,290
b 85% of line 2a .........	85,909	93,837	78,224	78,877	336,847
c Qualifying distributions from Part XII, line 4 for each year listed .....	218,977	241,975	135,565	170,948	767,465
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 ....	218,977	241,975	135,565	170,948	767,465
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...	137,282	138,855	127,596	119,316	523,049
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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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 (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total ................................. 3b

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aRESIDENT INCOME					408,009
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	124,601
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	39,185
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)..				163,786	408,009

13Total. Add line 12, columns (b), (d), and (e)..................

13571,795

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
1a&b	RESIDENTS' INCOME CONSISTS OF RENTS COLLECTED FROM ELDERLY RESIDENTS OF THE BACON AND HINKLEY HOME WHOSE RENTS ARE DETERMINED BY THE INDIVIDUAL RESIDENT'S ABILITY TO PAY.

Form 990-PF (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:	14000265
Software Version:	2014v6.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 AccountingFeesSchedule

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	16,782	0	11,512	5,270

- TIN:

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

TY 2014 DepreciationSchedule

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
(2) GAS BOILER	2010-03-18	25,989	6,495	SL	5.00 %	1,299
REFINISH FLOORS	1987-10-29	985	963	SL	3.64 %	22
PLUMBING	1987-11-02	684	667	SL	3.64 %	17
CABINETS	1987-11-13	534	518	SL	3.64 %	16
CARPET	1987-11-25	814	794	SL	3.64 %	20
PLUMBING	1987-12-31	480	473	SL	3.64 %	7
CARPET	1987-12-31	987	955	SL	3.64 %	32
DOOR	1987-12-31	413	401	SL	3.64 %	12
NURSE CALL	1987-12-31	653	634	SL	3.64 %	19
TILE	1988-01-29	327	316	SL	3.64 %	11
PLUMBING	1988-04-30	219	209	SL	3.64 %	8
ELECTRIC	1988-04-30	272	260	SL	3.64 %	10
NURSE CALL	1988-11-30	565	544	SL	3.64 %	21
WOMENS SHOWER	1988-12-31	8,734	8,400	SL	3.64 %	318
CABINETS	1988-12-31	969	930	SL	3.64 %	35
APT KITCHEN REMODELING	1989-08-01	3,042	2,781	SL	3.64 %	111
KITCHEN HOOD	1989-08-01	4,803	4,390	SL	3.64 %	175
HOT WATER CONTROL	1989-10-01	1,608	1,457	SL	3.64 %	58
FIRE ALARM	1990-03-31	7,360	6,570	SL	3.64 %	268
CARPET	1990-07-22	4,515	3,974	SL	3.64 %	164
FIRE ALARM	1990-08-31	896	788	SL	3.64 %	33
REMODELING	1991-04-01	3,880	3,309	SL	3.64 %	141
ELECTRICAL WORK	1991-10-31	1,412	1,177	SL	3.64 %	51
CARPET	1991-11-30	931	775	SL	3.64 %	34
ROOF	1991-11-30	17,332	14,416	SL	3.64 %	630
IMPROVEMENTS	1993-01-31	1,029	718	SL	3.18 %	33
REMODEL KITCHEN	1992-02-18	18,168	15,141	SL	3.64 %	661
REMODEL	1992-04-30	5,782	4,922	SL	3.64 %	210
IMPROVEMENTS	1992-07-31	4,642	3,230	SL	3.18 %	147
IMPROVEMENTS	1992-10-31	7,941	5,528	SL	3.18 %	252
IMPROVEMENTS	1992-11-30	1,660	1,157	SL	3.18 %	53
IMPROVEMENTS	1992-12-31	3,480	2,421	SL	3.18 %	110
IMPROVEMENTS	1993-03-31	1,024	715	SL	3.18 %	33
RESHINGLE GARAGE	1994-03-15	3,980	2,096	SL	2.56 %	102
HANDRAIL	1994-06-13	232	148	SL	3.18 %	7
LIGHTING	1994-07-15	394	204	SL	2.56 %	10
MANTEL	1994-07-20	773	402	SL	2.56 %	20
IMPROVEMENTS	1994-08-30	11,850	6,116	SL	2.56 %	304
IMPROVEMENTS	1994-09-30	6,903	3,547	SL	2.56 %	177
CEILING FANS (11)	1994-09-26	2,794	1,438	SL	2.56 %	72
WINDOWS	1994-11-17	12,650	6,445	SL	2.56 %	324
BATHROOM RENOVATIONS	1995-01-27	1,513	765	SL	2.56 %	39
BIFOLD DOORS	1994-12-15	1,633	829	SL	2.56 %	42
WINDOWS	1995-11-08	3,341	1,619	SL	2.56 %	86
THERMOSTATS	1996-01-09	3,895	1,869	SL	2.56 %	100
DOORS	1996-02-28	4,067	1,941	SL	2.56 %	104
WINDOWS	1996-10-08	2,050	946	SL	2.56 %	53
SPRINKLER HEADS	1997-06-13	1,862	827	SL	2.56 %	48
GARAGE DOOR	1997-07-25	714	314	SL	2.56 %	18
BUILDING IMPROVEMENTS	1999-02-09	55,475	22,223	SL	2.56 %	1,422
SINK	1999-08-05	1,460	564	SL	2.56 %	37
BATHROOM RENOVATIONS	2000-09-29	35,317	12,718	SL	2.56 %	906
BATHTUB	2000-07-01	9,674	3,524	SL	2.56 %	248
BATHROOM RENOVATIONS	2000-11-10	662	236	SL	2.56 %	17
IMPROVEMENTS	2002-03-30	2,000	640	SL	2.56 %	51
BOILER	2002-10-01	17,348	5,116	SL	2.56 %	445
ROOF IMPROVEMENTS	2002-10-28	26,650	7,857	SL	2.56 %	683
ROOF IMPROVEMENTS	2003-02-27	26,650	7,857	SL	2.56 %	683
SIDEWALKS	2003-11-15	4,408	1,187	SL	2.56 %	113
HANDICAP RAMP	2003-12-16	4,000	1,079	SL	2.56 %	103
NEW ROOF	2004-08-23	7,692	2,070	SL	2.56 %	197
FENCING & FIRE EXIT	2004-06-30	2,817	757	SL	2.56 %	72
BLDG IMPROVEMENTS	2004-12-31	6,124	1,537	SL	2.56 %	157
BLDG IMPROVEMENTS	2005-03-31	34,075	8,338	SL	2.56 %	874
BUILDING IMPROVEMENTS	2005-05-25	14,080	3,385	SL	2.56 %	361
PORCHES, CEILING OF RAM	2005-08-15	24,516	15,530	SL	6.67 %	1,635
ROOF TRIM	2005-10-06	185	103	SL	6.67 %	12
HANDICAP DOOR	2005-11-25	1,500	850	SL	6.67 %	100
SUMP PUMP	2005-11-15	1,089	238	SL	2.56 %	28
ROOF IMPROVEMENTS	2006-04-19	945	205	SL	2.56 %	24
ROOF IMPROVEMENTS	2006-06-27	945	205	SL	2.56 %	24
NEW DRIVEWAY	2006-09-29	35,000	18,673	SL	6.67 %	2,335
DRIVEWAY	2006-11-07	32,500	16,257	SL	6.67 %	2,168
DINING IMPROVMENTS	2007-06-01	23,198	21,293	SL	10.00 %	1,905
KITCHEN REMODEL	2007-10-03	21,549	3,594	SL	2.56 %	553
KITCHEN REMODEL	2007-12-04	21,549	3,594	SL	2.56 %	553
KITCHEN REMODEL	2008-01-08	6,680	1,148	SL	2.56 %	171
REFRIGERATOR	2011-01-17	1,159	608	SL	7.0000	166
3 12" TURBINE VENTS	2011-04-29	3,382	1,155	SL	10.0000	338
GREASE INTERCEPTER KITCHE	2011-08-03	4,345	1,966	SL	7.0000	621
WASHING MACHINE & DRYER	2011-08-01	2,148	1,362	SL	5.0000	430
EXTERIOR SIGN	2013-05-15	2,896	621	SL	14.29 %	414
CEILING	2014-10-14	7,651		SL	3.49 %	267
GAS GENERATOR	2014-11-18	33,854		SL	3.33 %	1,127
SPRINKLER SYSTEM GENERATO	2014-10-30	2,097		SL	3.33 %	70
SPRINKLER SYSTEM	2015-06-20	6,885		SL	1.06 %	73

- TIN:

TY 2014 InvestmentsCorpBondsSchedule

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ISHARES 1-3 YR CR BD ETF	304,895	304,877
METRO WEST T/R BD CL I	284,809	283,501
MFS RESEARCH BD FUND	291,437	282,974
FIDELITY ADVISOR FLOATING RATE HI INC FD	158,635	150,336
IShares MBS ETF	127,607	131,544
ISHARES CORE US AGGREGATE BOND ETF	153,984	153,412
PIMPCO FOREIGN BD US$HD INSTL	80,000	80,000

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
MICROSOFT	22,207	39,834
WELLS FARGO	25,376	46,215
UNITED TECHNOLOGIES	18,122	35,596
JP MORGAN CHASE & CO	27,122	36,582
IBM	8,087	14,497
SCHLUMBERGER LTD	21,364	20,691
AMAZON COM	3,783	25,595
DISNEY WALT CO	19,658	51,000
APPLE INC	21,817	38,605
EMC CORP	19,691	31,408
GILEAD SCIENCES INC	8,060	39,276
GOLDMAN SACHS GROUP INC	28,079	34,752
OCCIDENTAL PETE CORP DEL	22,102	19,845
PRICE T ROWE GROUP INC	12,286	13,900
SPDR DJ WILSHIRE	87,562	103,404
SPDR DJ WILSHIRE INTL REAL ESTATE ETF	88,878	78,680
COLUMBIA DIVIDEND INCOME FUND	311,459	363,941
COSTCO WHSL CORP NEW	15,517	28,914
MCKESSON CORP	6,245	18,503
NATIONAL OILWELL VARCO INC	12,010	7,530
PEPSICO INC	26,985	37,720
PHILIP MORRIS INTL INC	23,483	31,732
SEMPRA ENERGY	10,528	19,344
TJX COS INC NEW	11,641	35,710
ACCENTURE PLC	11,529	19,652
VERIZON COMMUNICATIONS	31,333	33,851
CITIGROUP	21,845	34,727
JOHSON & JOHNSON	34,037	46,675
QUALCOMM INC	26,059	21,492
DOW CHEM CO	15,003	21,200
EXPRESS SCRIPTS HLDG CO	17,805	24,288
FEDEX CORP	10,729	14,398
FORD MTR CO DEL	13,794	16,284
HONEYWELL INTL INC	24,594	37,876
LOWES COS INC	17,997	34,460
MCDONALDS CORP	19,754	19,706
PROCTOR & GAMBLE CO	34,830	35,970
SPDR S&P 500 ETF TF	105,658	129,350
V F CORP	16,175	27,284
ISHARES CORE S&P MID CAP ETF	92,192	109,288
ISHARES RUSSELL 2000 ETF	80,107	87,360
AVAGO TECHNOLOGIES LTD	10,592	37,503
Cullen High Dividend Equity Fund	85,666	81,141
Baird Midcap Fund	47,874	45,700
ETRACS Alerian Mlp Infra Index	41,272	24,354
Touchstone Small Cap Growth	60,000	59,184
Undiscovered Managers FDS	60,000	59,572
Invesco Intl Growth Fund	45,000	37,506
JP Morgan Intl Value Fund	45,000	37,420
Vanguard FTSE Developed Markets	148,798	128,304
ANADARKO PETE CORP	15,845	12,078
RIDGEWORTH MID CAP VALUE EQUITY	48,000	42,472
DB X-TRACKERS MSCI EAFE HEDGED EQUITY FD	79,872	78,240
ISHARE CORE MSCI EAFE ETF	16,274	15,843
CALIFORNIA RESOURCES CORP	798	312

- TIN:

TY 2014 LandEtcSchedule2

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Auto./Transportation Equip.	42,751	42,751
Furniture and Fixtures	158,279	95,706	62,573	62,573
Buildings	907,004	614,005	292,999	292,999
Land	57,196		57,196	57,196

- TIN:

TY 2014 OtherExpensesSchedule

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
ADVERTISING.	1,474	1,011	463
AUTO EXPENSE	4,258	2,921	1,272
CLEANING SUPPLIES	4,309	2,956	1,336
DUES & SUBSCRIPTIONS	1,309	898	411
EMPLOYEE BENEFITS	41,136	28,217	12,919
FOOD	48,540	33,296	14,319
INSURANCE	25,383	17,411	8,099
INTERIOR MAINT.	4,400	3,018	1,382
MISCELLANEOUS	893	613	280
NURSING SERVICES	1,058	726	472
OFFICE EXPENSE.	2,830	1,941	889
Refund to State	2,531	1,736	30,134
REPAIRS & MAINT.	19,496	13,373	6,123
RESIDENTS CARE & ENTERTAINMENT	3,702	2,539	1,163
SUPPLIES.	7,528	5,164	2,068
TELEPHONE	1,634	1,121	513

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
RESIDENT INCOME	408,009		408,009

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	23,532	23,532	23,532	0
PAYROLL SERVICE FEES	2,969	0	2,037	932

- TIN:

TY 2014 TaxesSchedule

Name:

Bacon & Hinkley Home Inc

EIN: 06-0662103

Software ID:14000265

Software Version:2014v6.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAXES	28,543		19,579	8,964