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
LIBERTY BANK FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1190 SILAS DEANE HWY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WETHERSFIELD, CT06109
A Employer identification number

06-1479957
B Telephone number (see instructions)

(860) 275-8239
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$13,102,016J 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) 695,683
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 292,488 292,488  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 271,199
b Gross sales price for all assets on line 6a 13,911,527
7 Capital gain net income (from Part IV, line 2)... 271,199
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,259,370 563,687 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 183,395 12,125 0 171,270
14 Other employee salaries and wages...... 111,243 0 0 111,243
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,750 4,875 0 4,875
c Other professional fees (attach schedule).... Click to see attachment 124,594 124,594 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,442 0 0 0
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 122,547 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 559,971 141,594 0 287,388
25 Contributions, gifts, grants paid....... 692,415 732,415
26 Total expenses and disbursements. Add lines 24 and 25 1,252,386 141,594 0 1,019,803
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,984
b Net investment income (if negative, enter -0-) 422,093
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.............      
2 Savings and temporary cash investments......... 418,338 303,277 303,277
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   31,558 31,558
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 13,182,154 Click to see attachment12,767,181 12,767,181
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,600,492 13,102,016 13,102,016
Liabilities 17 Accounts payable and accrued expenses.......... 25,257  
18 Grants payable.................. 40,000  
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)    
23 Total liabilities (add lines 17 through 22)......... 65,257 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 13,535,235 13,102,016
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)..... 13,535,235 13,102,016
31 Total liabilities and net assets/fund balances (see instructions). 13,600,492 13,102,016
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
13,535,235
2
Enter amount from Part I, line 27a .....................
2
6,984
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
13,542,219
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
440,203
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
13,102,016
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 PUBLICLY TRADED SECURITIES - SHORT      
b PUBLICLY TRADED SECURITIES - LONG      
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 11,616,625   11,619,747 -3,122
b 2,294,902   2,020,581 274,321
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -3,122
b       274,321
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 271,199
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 1,066,545 12,323,777 0.086544
2013 1,150,781 10,139,502 0.113495
2012 834,549 9,328,959 0.089458
2011 859,009 9,572,869 0.089734
2010 722,284 9,439,675 0.076516
2
Total of line 1, column (d) .....................
20.455747
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
0.091149
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
14,140,852
5
Multiply line 4 by line 3......................
5
1,288,925
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,221
7
Add lines 5 and 6........................
7
1,293,146
8
Enter qualifying distributions from Part XII, line 4.............
8
1,019,803
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 8,442
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 8,442
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 8,442
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 40,000
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 40,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 31,558
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet10,000 RefundedBullet 11 21,558
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)
    bulletCT
    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 addressbulletWWW.LIBERTY-BANK.COM/FOUNDATION
    14
    The books are in care ofbulletLINA CURTIN Telephone no.bullet (860) 343-7495

    Located atbullet315 MAIN STREETMIDDLETOWNCT ZIP+4bullet06457
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CHANDLER HOWARD PRESIDENT
    1.20     		0 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    MICHAEL HELFGOTT CHAIRMAN
    1.20     		4,250 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    MARK GINGRAS DIRECTOR
    1.20     		4,000 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    RICHARD TOMC DIRECTOR
    1.20     		4,000 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    WILLARD MCRAE DIRECTOR
    1.20     		4,000 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    CATINA CABAN-OWEN DIRECTOR
    1.20     		4,000 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    WILFREDO NIEVES DIRECTOR
    1.20     		4,000 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    THOMAS J PASTORELLO DIRECTOR
    1.20     		0 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    GERALYN JONES DIRECTOR
    1.20     		0 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    SUSAN MURPHY DIRECTOR, EXEC DIRECTOR, V
    40.00     		159,145 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    KATHLEEN DOUCETTE TREASURER
    1.20     		0 0 0
    315 MAIN STREET
    MIDDLETOWN,CT06457
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    13,734,134
    b
    Average of monthly cash balances.......................
    1b
    590,503
    c
    Fair market value of all other assets (see instructions)................
    1c
    31,558
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,356,195
    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
    14,356,195
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    215,343
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    14,140,852
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    707,043
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    707,043
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    8,442
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,442
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    698,601
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    698,601
    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
    698,601
    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
    1,019,803
    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
    1,019,803
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,019,803
    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 7 698,601
    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...... 262,722
    b From 2011...... 390,078
    c From 2012...... 384,189
    d From 2013...... 660,432
    e From 2014...... 485,613
    fTotal of lines 3a through e........ 2,183,034
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,019,803
    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..... 698,601
    e Remaining amount distributed out of corpus 321,202
    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 2,504,236
    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) ...     		262,722
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		2,241,514
    10 Analysis of line 9:
    a Excess from 2011.... 390,078
    b Excess from 2012.... 384,189
    c Excess from 2013.... 660,432
    d Excess from 2014.... 485,613
    e Excess from 2015.... 321,202
    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:
    THE LIBERTY BANK FOUNDATION INC
    1190 SILAS DEANE HWY
    WETHERSFIELD,CT06109
    (860) 344-7222
    bThe form in which applications should be submitted and information and materials they should include:
    HTTPS://WWW.LIBERTY-BANK.COM/YOUR-COMMUNITY/LIBERTY-BANK-FOUNDATION
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ACCESS AGENCY INC
    1315 MAIN STREET SUITE 2
    WILLIMANTIC,CT06226     		  PC TO SUPPORT THE ACCESS TO EMPLOYMENT PROGRAM 5,050
    AMITY TEEN CENTER INC
    PO BOX 3671
    WOODBRIDGE,CT06525     		  PC TO SUPPORT AN AFTER-SCHOOL TUTORING AND ENRICHMENT PROGRAM FOR NEW HAVEN PUBLIC SCHOOL YOUTH IN GRADES 6-12 5,000
    BEAT THE STREET COMMUNITY CENTER INC
    121 SOUTH COLONY STREET
    MERIDEN,CT06450     		  PC TO SUPPORT THE CAREER EXPLORER PROGRAM 3,000
    BEULAH LAND DEVELOPMENT CORPORATION
    774 ORCHARD STREET
    NEW HAVEN,CT06511     		  PC TO EXPAND THE CAPACITY OF THE AGENCY TO DEVELOP MORE AFFORDABLE HOUSING BY EXPANDING THE CHIEF OPERATING OFFICE/PROGRAM MANAGER POSITION TO FULL TIME 10,000
    BLESSINGS IN A BACKPACK WILLIMANTIC
    179 WALNUT STREET
    WILLIMANTIC,CT06226     		  PC TO SUPPORT THE BLESSINGS IN A BACKPACK WEEKEND NUTRITION PROGRAM 2,000
    BOYS & GIRLS CLUB OF BRISTOL FAMILY CENTER
    255 WEST STREET
    BRISTOL,CT06010     		  PC TO SUPPORT POWER HOUR, A PROGRAM TO HELP DRIVE ACADEMIC SUCCESS FOR SCHOOL-AGE YOUTH 5,000
    BOYS & GIRLS CLUB OF MERIDEN
    15 LINCOLN STREET
    MERIDEN,CT06450     		  PC TO SUPPORT THE AFTER-SCHOOL MENTORING PROGRAM 5,000
    BOYS & GIRLS CLUB OF NEW BRITAIN INC
    150 WASHINGTON STREET
    NEW BRITAIN,CT06051     		  PC TO SUPPORT THE POWER HOUR/HOMEWORK CLUB PROGRAM 3,000
    BOYS & GIRLS CLUB OF SOUTHEASTERN CT
    PO BOX 1849
    NEW LONDON,CT06320     		  PC TO SUPPORT PROJECT LEARN 4,000
    BUSINESS INDUSTRY FOUNDATION OF MIDDLESEX COUNTY
    393 MAIN STREET
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE HAL KAPLAN MIDDLETOWN MENTOR PROGRAM 4,300
    CAPITAL COMMUNITY COLLEGE
    950 MAIN STREET
    HARTFORD,CT06103     		  PC TO PROVIDE SCHOLARSHIPS FOR STUDENTS WITH FINANCIAL NEED ENTERING FROM LOCAL HIGH SCHOOLS 4,000
    CHRISTIAN COMMUNITY ACTION INC
    168 DAVENPORT AVENUE
    NEW HAVEN,CT06519     		  PC TO SUPPORT PEOPLE EMPOWERING PEOPLE (PEP) IN NEW HAVEN 2,500
    CITY OF MERIDEN YOUTH SERVICES DIVISION
    165 MILLER STREET
    MERIDEN,CT06450     		  PC TO SUPPORT SUMMER YOUTH EMPLOYMENT IN MERIDEN 5,000
    COLLEGE SUMMIT CONNECTICUT
    85 BROAD STREET 18TH FLOOR
    NEW YORK,NY10004     		  PC TO SUPPORT COLLEGE ACCESS AND PREPARATION PROGRAMMING IN NEW HAVEN 5,000
    COMMUNITY SOUP KITCHEN
    84 BROADWAY
    NEW HAVEN,CT06511     		  PC TO PURCHASE FOOD 5,000
    CONCEPTS FOR ADAPTIVE LEARNING
    PO BOX 8265
    NEW HAVEN,CT06530     		  PC TO SUPPORT THE TECHNOLOGY AND CASCADE TRAINING PROGRAM 3,600
    CONNECTICUT ASSOCIATION FOR HUMAN SERVICES
    110 BARTHOLOMEW AVENUE SUITE 4030
    HARTFORD,CT06106     		  PC TO SUPPORT THE FAMILY ECONOMIC SUCCESS PROJECT 7,500
    CONNECTICUT CENTER FOR ARTS AND TECHNOLOGY (CONNCAT)
    4 SCIENCE PARK
    NEW HAVEN,CT06511     		  PC TO SUPPORT THE ADULT CAREER TRAINING PROGRAMS IN NEW HAVEN. 5,000
    CONNECTICUT FOOD BANK
    PO BOX 8686
    NEW HAVEN,CT06531     		  PC TO SUPPORT THE MIDDLETOWN KIDS BACKPACK PROGRAM 5,000
    CONNECTICUT INVENTION CONVENTION INC
    PO BOX 230311
    HARTFORD,CT06123     		  PC TO SUPPORT CIC'S STEM PROGRAM AT NORTH WINDHAM SCHOOL 5,000
    CONNECTICUT VETERANS LEGAL CENTER
    114 ORANGE AVENUE 2ND FLOOR
    WEST HAVEN,CT06511     		  PC TO SUPPORT LEGAL SERVICES TO HELP VETERANS AVOID AND RECOVER FROM HOMELESSNESS 5,000
    CONSOLIDATED SCHOOL DISTRICT OF NEW BRITAIN
    272 MAIN STREET
    NEW BRITAIN,CT06051     		  PC TO SUPPORT THE SUMMER ENRICHMENT EXPERIENCE 3,000
    COVENANT SHELTER OF NEW LONDON
    PO BOX 1653 42 JAY STREET
    NEW LONDON,CT06320     		  PC TO SUPPORT CASE MANAGEMENT SERVICES FOR RAPID RE-HOUSING AND SHELTER DIVERSION 2,500
    COVENANT SOUP KITCHEN
    220 VALLEY STREET
    WILLIMANTIC,CT06226     		  PC TO SUPPORT THE ON-SITE MEALS PROGRAM 5,000
    CT COALITION TO END HOMELESSNESS
    257 LAWRENCE STREET
    HARTFORD,CT06106     		  PC TO PROVIDE TECHNICAL ASSISTANCE AND COMMUNITY IMPACT SUPPORT TO THE COORDINATED ACCESS NETWORK SERVING MERIDEN, MIDDLESEX COUNTY, AND WALLINGFORD 5,000
    EARLY CHILDHOOD FUNDERS COLLABORATIVE
    221 MAIN STREET
    HARTFORD,CT06106     		  PC TO PARTNER WITH STATE GOVERNMENT TO CREATE AND SUSTAIN A COORDINATED SYSTEM OF CARE AND EDUCATION FOR YOUNG CHILDREN 5,000
    EASTCONN
    376 HARTFORD TURNPIKE
    HAMPTON,CT06247     		  PC TO SUPPORT SUMMER YOUTH EMPLOYMENT IN EASTERN CT 5,000
    EASTERN AREA HEALTH EDUCATION CENTER
    ONE SYLVANDALE ROAD
    JEWETT CITY,CT06351     		  PC TO LAUNCH THE YOUTH HEALTH SERVICE CORPS (YHSC), A HEALTH CAREERS EXPLORATION AND SERVICE LEARNING PROGRAM AT NEW LONDON HIGH SCHOOL 5,000
    FRIENDSHIP SERVICE CENTER OF NEW BRITAIN INC
    PO BOX 1896
    NEW BRITAIN,CT06050     		  PC TO SUPPORT THE DEVELOPMENT OF NORTH STREET APARTMENTS, AN AFFORDABLE HOUSING PROJECT IN NEW BRITAIN. 7,500
    GATEWAY COMMUNITY COLLEGE FOUNDATION INC
    88 BASSETT ROAD
    NORTH HAVEN,CT06473     		  PC TO PROVIDE SCHOLARSHIPS FOR STUDENTS WITH FINANCIAL NEED ENTERING FROM LOCAL HIGH SCHOOLS 8,000
    GEMMA E MORAN UNITED WAYLABOR FOOD CENTER
    PO BOX 429 374 BROAD STREET
    NEW LONDON,CT06320     		  PC TO PURCHASE PERISHABLE FOODS FOR THE MOBILE FOOD PANTRY 5,000
    GILEAD COMMUNITY SERVICES INC
    PO BOX 1000
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE SHORELINE COMMUNITY APARTMENT PROGRAM 3,000
    GREATER NEW HAVEN COMMUNITY LOAN FUND INC
    171 ORANGE STREET SUITE 3
    NEW HAVEN,CT06510     		  PC TO SUPPORT THE COSTS ASSOCIATED WITH THE MERGER OF CONNECTICUT HOUSING INVESTMENT FUND , COMMUNITY CAPITAL FUND, AND GREATER NEW HAVEN COMMUNITY LOAN FUND 10,000
    HABITAT FOR HUMANITY OF EASTERN CT
    377 BROAD STREET
    NEW LONDON,CT06320     		  PC TO SUPPORT THE REHABILITATION OF AN AFFORDABLE HOME AT 43 SUMMER STREET IN NEW LONDON 5,000
    HABITAT FOR HUMANITY OF GREATER NEW HAVEN
    37 UNION STREET
    NEW HAVEN,CT06511     		  PC TO SUPPORT THE CONSTRUCTION OF AN AFFORDABLE HOME AT 84 CLIFTON STREET IN NEW HAVEN 5,000
    HOPE PARTNERSHIP INC
    191 MAIN STREET
    OLD SAYBROOK,CT06475     		  PC TO SUPPORT THE AFFORDABLE HOUSING EDUCATION AND ADVOCACY PROJECT 5,000
    HORIZONS
    PO BOX 323
    SOUTH WINDHAM,CT06266     		  PC TO SUPPORT THE TECHNOLOGY TO ENHANCE WORKFORCE SKILLS FOR HIGH SCHOOL STUDENTS PROGRAM 2,500
    HYGIENIC ARTS INC
    79 BANK STREET
    NEW LONDON,CT06320     		  PC TO SUPPORT "DO THE WRITE THING," AN AFTER-SCHOOL CREATIVE WRITING PROGRAM FOR NEW LONDON MIDDLE SCHOOL STUDENTS 3,000
    IMAGINE NATION
    ONE PLEASANT STREET
    BRISTOL,CT06010     		  PC TO SUPPORT THE STEAM PROGRAM FOR PRESCHOOLERS 2,500
    IRIS
    235 NICOLL STREET SECOND FLOOR
    NEW HAVEN,CT06511     		  PC TO SUPPORT THE SUMMER LEARNING PROGRAM FOR REFUGEE STUDENTS LIVING IN GREATER NEW HAVEN 5,000
    JEWISH FAMILY SERVICES OF GREATER HARTFORD
    333 BLOOMFIELD AVENUE SUITE A
    WEST HARTFORD,CT06117     		  PC TO SUPPORT THE JEWISH EMPLOYMENT TRANSITION SERVICES (JETS) PROGRAM 3,000
    JUNIOR ACHIEVEMENT OF SOUTHWEST NEW ENGLAND INC
    70 FARMINGTON AVENUE
    HARTFORD,CT06105     		  PC TO SUPPORT THE FINANCIAL LITERACY, WORKFORCE READINESS, AND ENTREPRENEURSHIP PROGRAMS AT MIDDLETOWN'S MACDONOUGH AND MOODY SCHOOLS 5,000
    KLINGBERG FAMILY CENTERS
    370 LINWOOD STREET
    NEW BRITAIN,CT06052     		  PC TO SUPPORT A VOCATIONAL EDUCATION PROGRAM FOR SPECIAL NEEDS/AT-RISK STUDENTS ATTENDING RAYMOND HILL SCHOOL IN NEW BRITAIN 5,000
    LAWRENCE & MEMORIAL HOSPITAL
    365 MONTAUK AVENUE
    NEW LONDON,CT06320     		  PC TO SUPPORT THE CENTENNIAL CAMPAIGN TO BUILD A NEW CANCER CENTER IN WATERFORD 8,000
    LEAP INC
    31 JEFFERSON STREET
    NEW HAVEN,CT06511     		  PC TO SUPPORT THE LEARNING TO CODE COMPUTER SCIENCE PROGRAM 5,000
    LIBERTY BANK DONALD B WILBUR SCHOLARSHIP
    PO BOX 1212
    MIDDLETOWN,CT06109     		  PC TO FUND A SCHOLARSHIP FOR A STUDENT FROM LIBERTY BANK'S SERVICE AREA, IN HONOR OF FORMER LIBERTY BANK BOARD CHAIRMAN DONALD B. WILBUR 1,000
    LIBERTY BANK EARLY LITERACY GRANT PROGRAM
    PO BOX 1212
    MIDDLETOWN,CT06109     		  PC TO SUPPORT EARLY LITERACY PROGRAMS IN K-3 SCHOOLS THROUGHOUT LIBERTY BANK'S MARKET AREA 30,000
    LIBERTY BANK FOUNDATION ADULT EDUCATION PROGRAM
    1190 SILAS DEANE HIGHWAY
    WETHERSFIELD,CT06109     		  PC TO PROVIDE SCHOLARSHIPS FOR LOW/MODERATE-INCOME GRADUATES OF ADULT EDUCATION PROGRAMS WHO ARE GOING ON TO COLLEGE 28,000
    LIBERTY BANK FOUNDATION SCHOLARSHIPS
    1190 SILAS DEANE HIGHWAY
    WETHERSFIELD,CT06109     		  PC TO PROVIDE SCHOLARSHIPS FOR LOW/MODERATE-INCOME STUDENTS THROUGHOUT LIBERTY'S SERVICE AREA 23,500
    LIBERTY BANK VOLUNTEER HALL OF FAME AWARD
    1190 SILAS DEANE HIGHWAY
    WETHERSFIELD,CT06109     		  PC 2015 VOLUNTEER HALL OF FAME DONATION - MARK VICKERY 1,000
    LIBERTY BANKROTARY CLUB THANKSGIVING DINNER DRIVE
    1190 SILAS DEANE HIGHWAY
    WETHERSFIELD,CT06109     		  PC TO MATCH FUNDS DONATED AT LIBERTY BANK BRANCHES TO PROVIDE THANKSGIVING DINNERS FOR NEEDY FAMILIES 53,560
    LIBERTY COMMUNITY SERVICES
    129 CHURCH STREET SECOND FLOOR
    SUITE 202
    NEW HAVEN,CT06510     		  PC TO SUPPORT THE LIBERTY SHELTER DIVERSION PROGRAM. 5,000
    LITERACY VOLUNTEERS OF CENTRAL CT INC
    20 HIGH STREET
    NEW BRITAIN,CT06051     		  PC TO SUPPORT THE PARENTING FOR ACADEMIC SUCCESS (PAS) PROGRAM IN NEW BRITAIN 2,500
    LITERACY VOLUNTEERS OF GREATER NEW HAVEN
    4 SCIENCE PARK
    NEW HAVEN,CT06511     		  PC TO EXPAND FREE LITERACY CLASSES TO ADULT LEARNERS IN NEW HAVEN, MERIDEN, AND WALLINGFORD 5,000
    LOCAL INITIATIVES SUPPORT CORPORATION
    75 CHARTER OAK AVENUE SUITE 2-250
    HARTFORD,CT06106     		  PC TO IMPROVE PRODUCTIVITY AND SUSTAINABILITY OF AFFORDABLE HOUSING DEVELOPERS THROUGHOUT LIBERTY BANK'S FOOTPRINT THROUGH CAPACITY BUILDING SERVICES AND INVESTMENTS 5,000
    MADONNA PLACE
    240 MAIN STREET
    NORWICH,CT06360     		  PC TO SUPPORT THE FAMILY SCHOOL CONNECTION PROGRAM 5,000
    MARGARET GRIFFIN CHILD DEVELOPMENT CENTER OF SOUTHINGTON INC
    240 MAIN STREET
    SOUTHINGTON,CT06489     		  PC TO SUPPORT A PARENT EDUCATION SERIES 2,405
    MARTIN HOUSE
    401 WEST THAMES STREET BLDG 700
    REAR WING PO BOX 857
    NORWICH,CT06360     		  PC TO SUPPORT THE ADULT EDUCATION AND EMPLOYMENT SUPPORTS PROGRAM 5,000
    MASTER'S MANNA INC
    46 NORTH PLAINS INDUSTRIAL ROAD
    WALLINGFORD,CT06492     		  PC TO PROVIDE BASIC HUMAN NEEDS TO SUPPORT LOW-INCOME INDIVIDUALS AND FAMILIES FROM WALLINGFORD AND SURROUNDING TOWNS 5,000
    MERCY HOUSING & SHELTER
    211 WETHERSFIELD AVENUE
    HARTFORD,CT06114     		  PC TO SUPPORT THE MERCY SUPPORTIVE HOUSING SERVICES PROGRAM IN MIDDLESEX COUNTY 5,000
    MIDDLESEX COALITION FOR CHILDREN
    15 COLUMBUS AVENUE
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE CONTINUED WORK OF THE COALITION AND THE SALARY OF ITS DIRECTOR 3,000
    MIDDLESEX COMMUNITY COLLEGE FOUNDATION INC
    100 TRAINING HILL ROAD
    MIDDLETOWN,CT06457     		  PC TO PROVIDE SCHOLARSHIPS FOR STUDENTS WITH FINANCIAL NEED ENTERING FROM LOCAL HIGH SCHOOLS 10,000
    MIDDLESEX COUNTY COALITION ON HOUSING AND HOMELESSNESS
    100 RIVERVIEW CENTER SUITE 230
    MIDDLETOWN,CT06457     		  PC TO PROVIDE STAFF SUPPORT TO MIDDLESEX COUNTY'S COLLECTIVE EFFORT TO PREVENT AND END HOMELESSNESS 5,000
    MIDDLESEX HABITAT FOR HUMANITY OF CT INC
    34 SHUNPIKE ROAD UNIT 24-26
    CROMWELL,CT06416     		  PC TO SUPPORT THE RESTORE VOLUNTEER DEVELOPMENT POSITION 5,000
    MIDDLESEX HOSPITAL
    28 CRESCENT STREET
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE CAPITAL CAMPAIGN 32,000
    MIDDLESEX UNITED WAY
    100 RIVERVIEW CENTER SUITE 230
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE ANNUAL APPEAL 48,500
    MIDDLETOWN EMERGENCY WARMING CENTER
    100 RIVERVIEW CENTER SUITE 230
    MIDDLETOWN,CT06457     		  PC TO SUPPORT AN EMERGENCY WINTER WARMING CENTER FOR HOMELESS PEOPLE IN MIDDLETOWN 2,500
    MIDDLETOWN EVEN START FAMILY LITERACY PROGRAM
    398 MAIN STREET
    MIDDLETOWN,CT06457     		  PC TO OFFSET COSTS ASSOCIATED WITH THE FAMILY LUNCH PROGRAM 2,000
    MUTUAL HOUSING ASSOCIATION OF SOUTH CENTRAL CT INC
    239 WILLIAMS STREET
    NEW LONDON,CT06320     		  PC TO SUPPORT THE CONSTRUCTION OF 104 UNITS OF MIXED INCOME HOUSING IN NEW LONDON 7,000
    MYSTIC AREA SHELTER AND HOSPITALITY INC
    119 HIGH STREET
    MYSTIC,CT06355     		  PC TO SUPPORT GENERAL OPERATING EXPENSES 2,500
    NEIGHBORHOOD HOUSING SERVICES OF NEW BRITAIN INC
    223 BROAD STREET
    NEW BRITAIN,CT06053     		  PC TO SUPPORT THE BEAVER STREET PROJECT IN GREATER NEW BRITAIN 5,000
    NEW ENGLAND SCIENCE AND SAILING FOUNDATION
    PO BOX 733 70 WATER STREET
    STONINGTON,CT06378     		  PC TO SUPPORT AN EXPERIENTIAL STEM EDUCATION PROGRAM FOR LOW-INCOME, MINORITY STUDENTS IN PARTNERSHIP WITH THE BENNIE DOVER JACKSON MIDDLE SCHOOL IN NEW LONDON 5,000
    NEW HAVEN ECOLOGY PROJECT
    358 SPRINGSIDE AVENUE
    NEW HAVEN,CT06511     		  PC TO SUPPORT THE GREEN JOBS CORPS YOUTH EMPLOYMENT PROGRAM 3,500
    NEW HAVEN READS
    45 BRISTOL STREET
    NEW HAVEN,CT06511     		  PC TO SUPPORT LITERACY PROGRAMMING FOR PRE-KINDERGARTEN AND KINDERGARTEN STUDENTS 3,500
    NEW HAVEN WORKS INC
    205 WHITNEY AVENUE SUITE 106
    NEW HAVEN,CT06511     		  PC TO SUPPORT YOUTHSTART, YOUTH SUBSIDIZED TARGETED AND RESOURCE TRAINING 5,000
    NEW LONDON PLTI COLLABORATIVE
    120 BROAD STREET
    NEW LONDON,CT06320     		  PC TO SUPPORT PEP PROGRAMMING IN NEW LONDON 5,000
    NEW REACH
    153 EAST STREET
    NEW HAVEN,CT06511     		  PC TO SUPPORT THE SEARCH (SERVICES, EDUCATION, ACTIVITIES, REACHING CHILDREN WHO ARE HOMELESS) PROGRAM 2,500
    NORTH END ACTION TEAM
    654 MAIN STREET
    MIDDLETOWN,CT06457     		  PC TO SUPPORT GENERAL OPERATING EXPENSES 5,000
    NORWICH COMMUNITY CARE TEAM
    80 BROADWAY
    NORWICH,CT06360     		  PC TO SUPPORT THE RAPID RE-HOUSING AND SHELTER DIVERSION PROGRAM 3,000
    NORWICH YOUTH AND FAMILY SERVICES
    80 BROADWAY
    NORWICH,CT06360     		  PC TO SUPPORT THE SUMMER JAM AND LEARN DIVERSION COLLABORATIVE FOR YOUTH AT RISK OF INVOLVEMENT WITH THE JUVENILE JUSTICE SYSTEM 2,000
    OUR PIECE OF THE PIE
    20-28 SARGEANT STREET
    HARTFORD,CT06105     		  PC TO SUPPORT COMMUNITY-BASED YOUTH DEVELOPMENT PROGRAMMING IN EASTERN CT 5,000
    PARENT LEADERSHIP TRAINING INSTITUTE
    311 HUNTING HILL AVENUE
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE VOICES FOR FAMILIES AND PEOPLE EMPOWERING PEOPLE PROGRAMS 7,500
    PRO BONO PARTNERSHIP INC
    237 MAMARONECK AVENUE SUITE 300
    WHITE PLAINS,NY10605     		  PC TO CONTINUE TO EXPAND PROVISION OF EDUCATIONAL SERVICES AND EXPERT LEGAL ASSISTANCE TO QUALIFYING NONPROFITS IN LIBERTY BANK'S SERVICE AREA 5,000
    QUINEBAUG VALLEY COMMUNITY COLLEGE FOUNDATION
    742 UPPER MAPLE STREET
    DANIELSON,CT06239     		  PC TO PROVIDE SCHOLARSHIPS FOR STUDENTS WITH FINANCIAL NEED ENTERING FROM LOCAL HIGH SCHOOLS 6,000
    REACH OUT AND READ INC
    89 SOUTH STREET SUITE 201
    BOSTON,MA02111     		  PC TO SUPPORT EARLY LITERACY PROGRAMMING IN BRISTOL, MANSFIELD AND WINDHAM 10,000
    RYAN WOODS AUTISM FOUNDATION
    163 CYNTHIA LANE UNIT A2
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE WAL-MART SCHOOL TO WORK PROGRAM, AN ON-SITE CAREER TRAINING PROGRAM FOR INDIVIDUALS WITH AUTISM OR RELATED DISABILITIES 2,000
    SACRED HEART EDUCATIONAL CENTER
    54 WEST MAIN STREET PO BOX 691
    BALTIC,CT06330     		  PC TO SUPPORT THE TUTORING PROGRAM 2,000
    SAFE FUTURES
    16 JAY STREET
    NEW LONDON,CT06320     		  PC TO SUPPORT THE PHOENIX HOUSE TRANSITIONAL LIVING PROGRAM 3,500
    SEA RESEARCH FOUNDATION
    55 COOGAN BOULEVARD
    MYSTIC,CT06355     		  PC TO SUPPORT THE STEM TO EXPLORE THE AQUATIC WORLD PROGRAM AT WINTHROP ELEMENTARY SCHOOL IN NEW LONDON 2,000
    SECURE JOBS CT
    401 WEST THAMES STREET UNIT 201
    NORWICH,CT06360     		  PC TO SUPPORT THE SECURE JOBS INITIATIVE IN SOUTHEASTERN CT 10,000
    SHORELINE SOUP KITCHENS & PANTRIES
    PO BOX 804
    ESSEX,CT06426     		  PC TO PURCHASE FOOD 5,000
    SQUASH HAVEN INC
    70 TOWER PARKWAY
    NEW HAVEN,CT06520     		  PC TO SUPPORT THE AFTERSCHOOL ACADEMIC AND ENRICHMENT PROGRAM FOR MIDDLE SCHOOL STUDENTS 5,000
    ST VINCENT DEPAUL MIDDLETOWN
    PO BOX 398 617 MAIN STREET
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE MEALS AND COMMUNITY ASSISTANCE PROGRAMS 6,000
    THAMES RIVER COMMUNITY SERVICE INC
    ONE THAMES RIVER PLACE
    NORWICH,CT06360     		  PC TO SUPPORT THE EMPLOYMENT/CAREER TRAINING PROGRAM 5,000
    THAMES VALLEY COUNCIL FOR COMMUNITY ACTION INC
    ONE SYLVANDALE ROAD
    JEWETT CITY,CT06351     		  PC TO SUPPORT THE EMERGENCY CLIENT ASSISTANCE FUND 3,000
    THE BRIDGE FAMILY CENTER
    1022 FARMINGTON AVENUE
    WEST HARTFORD,CT06107     		  PC TO SUPPORT THE PARENT LEADERSHIP TRAINING INSTITUTE (PLTI) PROGRAM IN WEST HARTFORD 5,000
    THE CONNECTION INC
    100 ROSCOMMON DRIVE SUITE 203
    MIDDLETOWN,CT06457     		  PC TO SUPPORT THE EDDY SHELTER 5,000
    THE NEW LIFE PRISON MINISTRY OF OLD LYME
    PO BOX 871
    OLD LYME,CT06371     		  PC TO PROVIDE TRANSITIONAL HOUSING AND SUPPORT SERVICES TO FEMALE EX-OFFENDERS IN NEW LONDON COUNTY. 2,000
    THE UNIVERSITY OF CONNECTICUT FOUNDATION INC
    2390 ALUMNI DRIVE UNIT 3206
    STORRS,CT06269     		  PC TO SUPPORT THE ENTREPRENEURSHIP BOOTCAMP FOR VETERANS WITH DISABILITIES 2,500
    THREE RIVERS COLLEGE FOUNDATION
    574 NEW LONDON TURNPIKE
    NORWICH,CT06360     		  PC TO PROVIDE SCHOLARSHIPS FOR STUDENTS WITH FINANCIAL NEED ENTERING FROM LOCAL HIGH SCHOOLS 8,000
    TUNXIS COMMUNITY COLLEGE
    271 SCOTT SWAMP ROAD
    FARMINGTON,CT06032     		  PC TO PROVIDE SCHOLARSHIPS FOR STUDENTS WITH FINANCIAL NEED ENTERING FROM LOCAL HIGH SCHOOLS 6,000
    UNITED WAY OF CENTRAL AND NORTHEASTERN CT
    30 LAUREL STREET
    HARTFORD,CT06106     		  PC TO SUPPORT THE ANNUAL APPEAL 8,500
    UNITED WAY OF GREATER NEW HAVEN
    370 JAMES STREET 4TH FLOOR SUITE
    403
    NEW HAVEN,CT06510     		  PC TO SUPPORT THE ANNUAL APPEAL 4,500
    UNITED WAY OF GREATER WATERBURY
    100 NORTH ELM STREET 2ND FLOOR
    WATERBURY,CT06702     		  PC TO SUPPORT THE ANNUAL APPEAL 500
    UNITED WAY OF MERIDEN AND WALLINGFORD
    35 PLEASANT STREET
    MERIDEN,CT06450     		  PC TO SUPPORT THE ANNUAL APPEAL 4,000
    UNITED WAY OF SOUTHEASTERN CT
    283 STODDARDS WHARF ROAD PO BOX 375
    GALES FERRY,CT06335     		  PC TO SUPPORT THE ANNUAL APPEAL 15,000
    UNITED WAY OF SOUTHINGTON
    37 WEST CENTER STREET SUITE 201
    SOUTHINGTON,CT06489     		  PC TO SUPPORT THE ANNUAL APPEAL 500
    UNITED WAY OF WEST CENTRAL CONNECTICUT
    200 MAIN STREET
    BRISTOL,CT06010     		  PC TO SUPPORT THE ANNUAL APPEAL 1,000
    VILLAGE FOR FAMILIES & CHILDREN
    1680 ALBANY AVENUE
    HARTFORD,CT06105     		  PC TO SUPPORT THE WILLIMANTIC VITA PROGRAM 2,500
    WALLINGFORD EMERGENCY SHELTER
    123 QUINNIPIAC STREET
    WALLINGFORD,CT06492     		  PC TO SUPPORT GENERAL OPERATING EXPENSES 5,000
    WALLINGFORD FAMILY YMCA
    81 SOUTH ELM STREET
    WALLINGFORD,CT06492     		  PC TO SUPPORT THE UPWARD BOUND PROGRAM 5,000
    WALLINGFORD SUMMER YOUTH EMPLOYMENT COLLABORATIVE
    6 FAIRFIELD BLVD
    WALLINGFORD,CT06492     		  PC TO PROVIDE SUMMER EMPLOYMENT FOR LOW-INCOME WALLINGFORD YOUTH 5,000
    WESLEYAN UNIVERSITY
    237 HIGH STREET NORTH COLLEGE ROOM
    303
    MIDDLETOWN,CT06459     		  PC TO SUPPORT THE PRE-COLLEGE ACCESS PROGRAM 5,000
    WILLARD M MCRAE COMMUNITY DIVERSITY AWARD
    PO BOX 1212
    MIDDLETOWN,CT06457     		  PC TO FUND AN AWARD FOR A COMMUNITY LEADER WHO HAS CHAMPIONED THE CAUSE OF DIVERSITY IN LIBERTY'S SERVICE AREA 5,000
    WINDHAM AREA INTERFAITH MINISTRY
    PO BOX 221
    WILLIMANTIC,CT06226     		  PC TO SUPPORT THE UNMET NEEDS FUND 3,500
    WINDHAM COUNTY HOMELESS COALITIONCONTINUUM OF CARE
    PO BOX 221
    WILLIMANTIC,CT06226     		  PC TO SUPPORT THE 100 DAY CHALLENGE AND THE WHIF FUND 3,000
    WINDHAM COUNTY HOMELESS COALITIONCONTINUUM OF CARE
    PO BOX 221
    WILLIMANTIC,CT06226     		  PC TO SUPPORT THE WINDHAM HOMELESS INTERVENTION FUND 2,000
    WRITER'S BLOCK INK
    12 MASONIC STREET
    NEW LONDON,CT06320     		  PC TO SUPPORT THE SEASONAL SHOWCASE AND PERFORMANCE PROGRAMS FOR STUDENTS AT THE INTERDISTRICT SCHOOL FOR ARTS AND COMMUNICATIONS. 2,500
    YWCA OF NEW BRITAIN
    19 FRANKLIN SQUARE
    NEW BRITAIN,CT06051     		  PC TO SUPPORT THE STRIVE YOUTH DEVELOPMENT PROGRAM FOR MIDDLE SCHOOL GIRLS FROM NEW BRITAIN 3,500
    Total .................................bullet 3a 732,415
    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....     14 292,488  
    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 ............     		    18 271,199  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 563,687 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13563,687
    (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:
    LIBERTY BANK FOUNDATION INC
    EIN:
    06-1479957
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 9,750 4,875 0 4,875

    TY 2015 InvestmentsOtherSchedule2
    Name:
    LIBERTY BANK FOUNDATION INC
    EIN:
    06-1479957
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    RAYMOND JAMES INVESTMENT PORTFOLIO FMV 12,767,181 12,767,181

    TY 2015 OtherDecreasesSchedule
    Name:
    LIBERTY BANK FOUNDATION INC
    EIN:
    06-1479957
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 440,203


    TY 2015 OtherExpensesSchedule
    Name:
    LIBERTY BANK FOUNDATION INC
    EIN:
    06-1479957
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS 122,547 0 0 0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    LIBERTY BANK FOUNDATION INC
    EIN:
    06-1479957
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 124,594 124,594 0 0


    TY 2015 TaxesSchedule
    Name:
    LIBERTY BANK FOUNDATION INC
    EIN:
    06-1479957
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 8,442 0 0 0