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 07-01-2015 , and ending 06-30-2016
Name of foundation
THE SAUNDERS FOUNDATION
C/O SHIPMAN & GOODWIN LLP
Number and street (or P.O. box number if mail is not delivered to street address)ONE CONSTITUTION PLAZA
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HARTFORD, CT061031919
A Employer identification number

06-6284362
B Telephone number (see instructions)

(860) 251-5000
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$4,547,896J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 106,448 106,448  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 112,599
b Gross sales price for all assets on line 6a 1,090,404
7 Capital gain net income (from Part IV, line 2)... 112,599
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........ 219,047 219,047  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 63,239 18,972   44,267
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,803 5,803   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 1,848 1,848   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 70,890 26,623   44,267
25 Contributions, gifts, grants paid....... 152,000 152,000
26 Total expenses and disbursements. Add lines 24 and 25 222,890 26,623   196,267
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,843
b Net investment income (if negative, enter -0-) 192,424
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 201 200 200
2 Savings and temporary cash investments......... 195,152 215,059 215,059
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,402,161 Click to see attachment3,378,412 4,332,637
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,597,514 3,593,671 4,547,896
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 2,815,069 2,815,069
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 782,445 778,602
30 Total net assets or fund balances (see instructions)..... 3,597,514 3,593,671
31 Total liabilities and net assets/fund balances (see instructions). 3,597,514 3,593,671
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
3,597,514
2
Enter amount from Part I, line 27a .....................
2
-3,843
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,593,671
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,593,671
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 4,400 SHS GUGGENHEIM HI YIELD ETF 2015 P 2012-12-13 2015-07-08
b 1,600 SHS GUGGENHEIM HI YIELD ETF 2015 P 2013-10-17 2015-07-08
c 400 SHS ABBOTT LABORATORIES P 2014-07-09 2015-07-23
d 50 SHS DEERE & CO P 2012-09-06 2015-07-23
e 200 SHS DEERE & CO P 2013-04-26 2015-07-23
250 SHS DISNEY (THE WALT) CO COM P 2013-09-11 2015-07-23
25 SHS GOOGLE INC CL A P 2014-05-29 2015-07-23
300 SHS MERCK & CO INC P 2015-05-27 2015-07-23
150 SHS THERMO FISHER SCIENTIFIC INC P 2013-01-24 2015-07-23
260 SHS CHEMOURS CO P 2011-02-18 2015-08-13
300 SHS AMERICAN EXPRESS CO P 2015-01-22 2015-08-20
750 SHS EOG RESOURCES INC P 2015-06-18 2015-08-20
50 SHS GOOGLE INC CL A P 2014-05-29 2015-08-20
2,500 SHS INTEL CORP P 2012-07-12 2015-08-20
250 SHS MERCK & CO INC P 2015-05-27 2015-08-20
100 SHS SCHLUMBERGER LTD P 2010-01-21 2015-08-20
100 SHS SCHLUMBERGER LTD P 2015-02-26 2015-08-20
1,300 SHS DU PONT E I DE NEMOURS & CO P 2011-02-18 2016-03-31
600 SHS GENERAL ELECTRIC CO P 2015-07-23 2016-03-31
350 SHS JARDEN CORP P 2015-01-29 2016-03-31
150 SHS JARDEN CORP P 2015-02-26 2016-03-31
225 SHS MCDONALDS CORP P 2014-02-24 2016-03-31
350 SHS PEPSICO INC P 2011-02-18 2016-03-31
1,600 SHS REALTY INCOME CORP P 2011-05-12 2016-03-31
650 SHS UNION PACIFIC CORP P 2014-07-09 2016-03-31
200 SHS UNION PACIFIC CORP P 2015-07-23 2016-03-31
1,150 SHS JARDEN CORP DUE TO MERGER INTO NEWELL BRANDS INC P 2015-01-29 2016-04-15
1,500 SHS VANGUARD FTSE EMERGING MKTS ETF P 2010-03-18 2016-04-21
500 SHS VANGUARD FTSE EMERGING MKTS ETF P 2012-02-09 2016-04-21
200 SHS VANGUARD FTSE EMERGING MKTS ETF P 2013-01-24 2016-04-21
.3 SH NEWELL BRANDS INC P 2015-01-29 2016-04-26
400 SHS BRISTOL MYERS SQUIBB CO P 2014-07-09 2016-06-23
991 SHS NEWELL BRANDS INC P 2015-01-29 2016-06-23
  P    
  P    
CAPITAL GAINS DIVIDENDS P    
(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 114,178   117,181 -3,003
b 41,519   43,018 -1,499
c 20,396   16,484 3,912
d 4,635   3,845 790
e 18,540   17,122 1,418
29,739   15,890 13,849
17,059   14,304 2,755
17,382   17,877 -495
21,004   10,459 10,545
2,725   3,521 -796
23,949   25,269 -1,320
58,079   67,425 -9,346
34,345   28,608 5,737
69,974   62,176 7,798
14,407   14,898 -491
8,098   6,881 1,217
8,098   8,346 -248
83,119   69,351 13,768
19,098   15,840 3,258
20,641   17,051 3,590
8,846   8,012 834
28,480   21,771 6,709
35,969   22,227 13,742
99,710   53,656 46,054
51,355   65,382 -14,027
15,802   18,596 -2,794
67,970   56,026 11,944
52,844   62,549 -9,705
17,615   22,120 -4,505
7,046   8,956 -1,910
13   13 0
28,975   19,144 9,831
48,617   43,807 4,810
      0
      0
177     177
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       -3,003
b       -1,499
c       3,912
d       790
e       1,418
      13,849
      2,755
      -495
      10,545
      -796
      -1,320
      -9,346
      5,737
      7,798
      -491
      1,217
      -248
      13,768
      3,258
      3,590
      834
      6,709
      13,742
      46,054
      -14,027
      -2,794
      11,944
      -9,705
      -4,505
      -1,910
      0
      9,831
      4,810
      0
      0
      177
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 2 112,599
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 123,106 4,563,124 0.026978
2013 202,492 4,305,437 0.047032
2012 144,346 3,939,307 0.036642
2011 151,911 3,683,429 0.041242
2010 156,253 3,728,360 0.041909
2
Total of line 1, column (d) .....................
20.193803
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
0.038761
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
4,367,828
5
Multiply line 4 by line 3......................
5
169,301
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,924
7
Add lines 5 and 6........................
7
171,225
8
Enter qualifying distributions from Part XII, line 4.............
8
196,267
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 1,924
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 1,924
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 1,924
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 4,160
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 4,160
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,236
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,236 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 addressbulletN/A
    14
    The books are in care ofbulletCOLEMAN H CASEY TRUSTEE SHIPMAN Telephone no.bullet (860) 251-5000

    Located atbulletGOODWIN LLP 1 CONSTITUTION PLZHARTFORDCT ZIP+4bullet061031919
    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
     
     
    ........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
    COLEMAN H CASEY TRUSTEE
    3.00     		0 0 0
    SHIPMAN GOODWIN LLP 1 CONSTITUTION
    PLAZA HARTFORD,CT061031919
    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 N/A 0
    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 NONE 0
    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
    4,254,548
    b
    Average of monthly cash balances.......................
    1b
    179,795
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,434,343
    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
    4,434,343
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    66,515
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,367,828
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    218,391
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    218,391
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,924
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,924
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    216,467
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    216,467
    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
    216,467
    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
    196,267
    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
    196,267
    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
    1,924
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    194,343
    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 7 216,467
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 126,210
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 196,267
    a Applied to 2014, but not more than line 2a 126,210
    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..... 70,057
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		146,410
    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) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    COLEMAN H CASEY TRUSTEE
    C/O SHIPMAN GOODWIN LLP 1 CONSTITUT
    ON PLAZA
    HARTFORD,CT061031919
    (860) 251-5000
    bThe form in which applications should be submitted and information and materials they should include:
    BY WRITTEN REQUEST
    cAny submission deadlines:
    APPLICATIONS CONSIDERED ON A ROLLING BASIS IN THE ORDER RECEIVED
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ONLY ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF IRS CODE AND QUALIFYING AS PUBLIC CHARITIES UNDER SEC. 509(A) ARE ELIGIBLE FOR GRANTS
    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
    CEDAR HILL CEMETERY & FOUNDATION INC
    453 FAIRFIELD AVENUE
    HARTFORD,CT06114     		  PUBLIC CHARITY ANNUAL GIFTANNUAL GIFT 500
    CONCORA
    90 MAIN STREET
    NEW BRITAIN,CT06051     		  PUBLIC CHARITY ANNUAL GIFT 7,000
    CONNECTICUT SCIENCE CENTER
    250 COLUMBUS BLVD
    HARTFORD,CT06103     		  PUBLIC CHARITY ANNUAL GIFT 1,000
    FARMINGTON VALLEY CHORALE
    C/O PADRON 8 WINDAM DRIVE
    SIMSBURY,CT06070     		  PUBLIC CHARITY ANNUAL GIFT 500
    HARTFORD HOSPITAL
    80 SEYMOUR STREET
    HARTFORD,CT06102     		  PUBLIC CHARITY ANNUAL GIFT 1,250
    HARTFORD PUBLIC LIBRARY
    500 MAIN STREET
    HARTFORD,CT06103     		  PUBLIC CHARITY ANNUAL GIFT 500
    HARTFORD STAGE COMPANY
    50 CHURCH STREET
    HARTFORD,CT06103     		  PUBLIC CHARITY ANNUAL GIFT 2,500
    HARTFORD STAGE COMPANY
    50 CHURCH STREET
    HARTFORD,CT06103     		  PUBLIC CHARITY FUNDING OF THE PRODUCTION OF "ANASTASIA" 8,000
    HARTFORD SYMPHONY ORCHESTRA
    228 FARMINGTON AVENUE
    HARTFORD,CT06105     		  PUBLIC CHARITY GRANT FOR PARTIAL SUPPORT OF OPENING CONCERT PRODUCTION OF SHAKER LOOPS 3,500
    HARTFORD SYMPHONY ORCHESTRA
    228 FARMINGTON AVENUE
    HARTFORD,CT06105     		  PUBLIC CHARITY COMPLETION OF $10,000 PLEDGE FOR DIGITAL PRESENTATION AT CONCERTS 6,500
    HARTFORD SYMPHONY ORCHESTRA
    228 FARMINGTON AVENUE
    HARTFORD,CT06105     		  PUBLIC CHARITY ANNUAL GIFT 1,250
    LASELL COLLEGE
    1844 COMMONWEALTH AVENUE
    NEWTON,MA02166     		  PUBLIC CHARITY ANNUAL GIFT 35,000
    LOOMIS CHAFFEE SCHOOL
    4 BATCHELDER ROAD
    WINDSOR,CT06095     		  PUBLIC CHARITY ANNUAL GIFT 250
    MUSICAL MASTERWORKS
    PO BOX 684
    OLD LYME,CT06371     		  PUBLIC CHARITY ANNUAL GIFT 2,500
    NEPR FOUNDATION INC
    1525 MAIN STREET
    SPRINGFIELD,MA011031413     		  PUBLIC CHARITY BUILDING FUND 5,000
    NEPR FOUNDATION INC
    1525 MAIN STREET
    SPRINGFIELD,MA011031413     		  PUBLIC CHARITY ANNUAL GIFT 1,000
    THE MARK TWAIN HOUSE & MUSEUM
    351 FARMINGTON AVENUE
    HARTFORD,CT06105     		  PUBLIC CHARITY ANNUAL GIFT 5,500
    THE WALKS FOUNDATION
    PO BOX 155
    WEST GRANBY,CT06090     		  PUBLIC CHARITY ANNUAL GIFT 250
    WADSWORTH ATHENEUM MUSEUM OF ART
    600 MAIN STREET
    HARTFORD,CT06103     		  PUBLIC CHARITY ANNUAL GIFT 2,500
    WADSWORTH ATHENEUM MUSEUM OF ART
    600 MAIN STREET
    HARTFORD,CT06103     		  PUBLIC CHARITY DIRECTOR'S DISCRETIONARY ENDOWMENT 10,000
    WADSWORTH ATHENEUM MUSEUM OF ART
    600 MAIN STREET
    HARTFORD,CT06103     		  PUBLIC CHARITY GRANT FOR SUPPORT OF THE WARHOL/MAPPLETHORPE SHOW 50,000
    WADSWORTH ATHENEUM MUSEUM OF ART
    600 MAIN STREET
    HARTFORD,CT06103     		  PUBLIC CHARITY FUNDING OF CONTEMPORARY COALITION 5,000
    WATKINSON SCHOOL
    180 BLOOMFIELD AVENUE
    HARTFORD,CT06105     		  PUBLIC CHARITY ANNUAL GIFT 2,500
    Total .................................bullet 3a 152,000
    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....     14 106,448  
    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 ............     		    18 112,599  
    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).. 0 219,047 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13219,047
    (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 InvestmentsCorpStockSchedule
    Name:
    THE SAUNDERS FOUNDATION
     
    C/O SHIPMAN & GOODWIN LLP
    EIN:
    06-6284362
    Name of Stock End of Year Book Value End of Year Fair Market Value
    6,000 SHS GUGGENHEIM HI YIELD ETF 2018 154,680 149,040
    1,000 SHS PIMCO HI YIELD 104,740 96,840
    1,500 SHS VANGUARD ST BOND 122,667 121,590
    1,650 SHS VANGUARD ST TM CORP 129,677 133,386
    1,000 SHS LOWES COS INC 38,207 79,170
    675 SHS MCDONALDS CORP 55,526 81,230
    800 SHS MCCORMICK & CO INC 49,957 85,336
    2,800 SHS MONDELEZ INTL INC 68,461 127,428
    650 SHS PEPSICO INC 41,279 68,861
    1,000 SHS PROCTER & GAMBLE 63,220 84,670
    500 SHS CHEVRON CORP 16,852 52,415
    1,150 SHS EXXON MOBIL CORP. 35,907 107,801
    1,050 SHS SCHLUMBERGER LTD 64,521 83,034
    1,400 SHS AMERICAN EXPRESS CO. 85,958 85,064
    1,600 SHS MARSH & MCLENNAN COS INC 48,494 109,536
    2,100 SHS ABBOTT LABORATORIES 16,819 82,551
    800 SHS JOHNSON & JOHNSON 39,660 97,040
    1,350 SHS NOVARTIS AG SPONS ADR 88,236 111,389
    650 SHS THERMO FISHER SCIENTIFIC 45,323 96,044
    1,000 SHS CATEPILLAR INC 83,322 75,810
    750 SHS DEERE & C0 57,674 60,780
    3,100 SHS GENERAL ELECTRIC CO 65,680 97,588
    500 SHS 3M CO 36,140 87,560
    950 SHS UNITED TECHNOLOGIES 25,907 97,423
    1,150 SHS APPLE INC 74,840 109,940
    1,000 SHS AUTOMATIC DATA PROCESSING 35,380 91,870
    1,300 SHS VANGUARD SMALL CAP VIPERS FD 88,396 150,384
    2,000 SHS GUGGENHEIM ENHANCED SHORT DURATION 100,699 100,023
    6,000 SHS POWERSHARES SENIOR LOAN PORT 148,754 137,820
    1,150 SHS DISNEY CO COM 73,094 112,493
    900 SHS NESTLE SA SPONSORED ADR 60,948 69,426
    1,800 SHS US BANCORP 67,639 72,594
    2,000 SHS WELLS FARGO & CO 84,322 94,660
    1,500 SHS JPMORGAN CHASE & CO 102,840 93,210
    800 SHS BRISTOL MYERS SQUIBB CO 38,288 58,840
    1,150 SHS MERCK & CO INC 68,528 66,252
    2,400 SHS MICROSOFT CORP 105,624 122,808
    1,250 SHS TE CONNECTIVITY LTD 86,900 71,387
    850 SHS POLARIS INDUSTRIES INC 101,104 69,496
    825 SHS CVS HEALTH CORP 87,948 78,985
    700 SHS CHUBB LTD 83,889 91,497
    1,300 SHS DANAHER CORP 119,244 131,300
    150 SHS ALPHABET INC A 83,196 105,530
    700 SHS FACEBOOK INC CL A 80,192 79,996
    6,000 SHS SPIRIT REALTY CAPITAL INC 67,680 76,620
    6,914.434 SHS DFA INTL CORE EQUITY PORTFOLIO 80,000 75,920

    TY 2015 LegalFeesSchedule
    Name:
    THE SAUNDERS FOUNDATION
     
    C/O SHIPMAN & GOODWIN LLP
    EIN:
    06-6284362
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SHIPMAN & GOODWIN LLP 63,239 18,972   44,267


    TY 2015 OtherExpensesSchedule
    Name:
    THE SAUNDERS FOUNDATION
     
    C/O SHIPMAN & GOODWIN LLP
    EIN:
    06-6284362
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BETTS NOMINEE LLC BANK FEES 100 100   0
    FOREIGN TAXES WITHHELD 1,730 1,730   0
    ADR FEE 18 18   0


    TY 2015 TaxesSchedule
    Name:
    THE SAUNDERS FOUNDATION
     
    C/O SHIPMAN & GOODWIN LLP
    EIN:
    06-6284362
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    US ESTIMATED TAX FOR 2015 FORM 990-PF 4,160 4,160   0
    US TAX DUE FOR 2014 FORM 990-PF 1,643 1,643   0