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 05-01-2015 , and ending 04-30-2016
Name of foundation
WEBB FAMILY FOUNDATION INC
C/O JOHN WEBB JR/EMERY & WEBB
Number and street (or P.O. box number if mail is not delivered to street address)989 MAIN STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FISHKILL, NY12524
A Employer identification number

65-0760592
B Telephone number (see instructions)

(845) 697-6727
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$1,119,400J 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... 30,089 30,089  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 101,956
b Gross sales price for all assets on line 6a 286,836
7 Capital gain net income (from Part IV, line 2)... 101,956
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........ 132,045 132,045  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,500 1,750   1,750
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 684      
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 16,925 8,462   8,463
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,109 10,212   10,213
25 Contributions, gifts, grants paid....... 54,900 54,900
26 Total expenses and disbursements. Add lines 24 and 25 76,009 10,212   65,113
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 56,036
b Net investment income (if negative, enter -0-) 121,833
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............. 24,334 41,166 41,166
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 818,313 Click to see attachment857,517 1,078,234
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) 842,647 898,683 1,119,400
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
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 842,647 898,683
30 Total net assets or fund balances (see instructions)..... 842,647 898,683
31 Total liabilities and net assets/fund balances (see instructions). 842,647 898,683
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
842,647
2
Enter amount from Part I, line 27a .....................
2
56,036
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
898,683
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
898,683
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 COMCAST CRP NEW CL A SPL P 2011-02-16 2015-05-20
b PHILLIPS 66 SHS P 2006-09-25 2015-05-20
c CHUBB CORP P 2008-07-29 2015-06-04
d INTL BUSINESS MACHINES P 2008-07-29 2015-08-07
e SEMPRA ENERGY P 2009-10-05 2015-09-01
SEMPRA ENERGY P 2009-10-06 2015-10-15
TRAVELERS COS INC P 2008-03-05 2015-10-30
ACE LIMITED P 2011-10-06 2015-12-04
ABBVIE INC SHS P 2007-05-04 2016-02-23
INTEL CORP P 2009-09-16 2016-02-23
PRUDENTIAL FINANCIAL INC P 2010-06-10 2016-02-23
TYCO INTL PLC SHS P 2014-10-14 2016-02-18
GAP INC DELAWARE P 2015-08-14 2016-02-23
EVERSOURCE ENERGY COM P 2008-07-30 2016-04-05
COMCAST CRP NEW CL A SPL P 2011-02-16 2015-05-21
PHILLIPS 66 SHS P 2006-09-25 2015-05-21
INTL BUSINESS MACHINES P 2008-07-29 2015-06-12
INTL BUSINESS MACHINES P 2008-07-29 2015-08-07
SEMPRA ENERGY P 2009-10-06 2015-09-01
SEMPRA ENERGY P 2009-10-06 2015-10-16
TRAVELERS COS INC P 2008-03-05 2015-11-02
ACE LIMITED P 2011-10-06 2015-12-07
BRISTOL-MYERS SQUIBB CO P 2009-04-07 2016-02-23
INTL PAPER CO P 2013-07-16 2016-02-23
PHILIP MORRIS INTL INC P 2008-10-29 2016-02-23
TYCO INTL PLC SHS P 2014-10-14 2016-02-19
ORACLE CORP P 2015-07-16 2016-02-23
EVERSOURCE ENERGY COM P 2008-07-30 2016-04-06
COMCAST CRP NEW CL A SPL P 2011-02-16 2015-05-22
PHILLIPS 66 SHS P 2007-05-04 2015-05-21
MCDONALDS CORP COM P 2008-07-29 2015-06-12
RAYTHEON CO DELAWARE NEW P 2008-07-29 2015-08-07
TRAVELERS COS INC P 2008-03-05 2015-09-23
SEMPRA ENERGY P 2009-10-06 2015-10-19
UNITED TECHS CORP COM P 2008-07-29 2015-10-30
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2016-01-06
COMCAST CORP NEW CL A P 2011-02-16 2016-02-23
JPMORGAN CHASE & CO P 2007-08-20 2016-02-23
PFIZER INC P 2008-04-23 2016-02-23
UNITED PARCEL SVC CL B P 2013-03-18 2016-02-23
QUEST DIAGNOSTICS INC P 2015-03-24 2016-02-23
EVERSOURCE ENERGY COM P 2008-07-30 2016-04-06
COMCAST CRP NEW CL A SPL P 2011-02-16 2015-05-22
PHILLIPS 66 SHS P 2007-05-04 2015-05-22
MCDONALDS CORP COM P 2008-07-29 2015-06-12
RAYTHEON CO DELAWARE NEW P 2008-07-29 2015-08-10
TRAVELERS COS INC P 2008-03-05 2015-09-24
SEMPRA ENERGY P 2009-10-06 2015-10-19
UNITED TECHS CORP COM P 2009-05-05 2015-10-30
BRISTOL-MYERS SQUIBB CO P 2007-07-02 2016-01-06
CHEVRON CORP P 2007-05-04 2016-02-23
JOHNSON AND JOHNSON COM P 2008-10-29 2016-02-23
PROCTER & GAMBLE CO P 2008-07-29 2016-02-23
UNITEDHEALTH GROUP INC P 2015-01-16 2016-02-23
PUB SVC ENTERPRISE GRP P 2015-09-22 2016-02-23
EVERSOURCE ENERGY COM P 2008-07-30 2016-04-07
COMCAST CRP NEW CL A SPL P 2011-02-16 2015-05-26
PHILLIPS 66 SHS P 2007-05-04 2015-05-26
V F CORPORATION P 2009-03-05 2015-06-16
UNITED TECHS CORP COM P 2008-07-29 2015-08-14
CHEMOURS CO SHS P 2007-05-04 2015-10-15
SEMPRA ENERGY P 2009-10-06 2015-10-20
ACE LIMITED P 2011-10-05 2015-10-30
BRISTOL-MYERS SQUIBB CO P 2009-04-07 2016-01-06
CME GROUP INC P 2014-01-31 2016-02-23
KROGER CO P 2014-10-10 2016-02-23
QUALCOMM INC P 2014-02-13 2016-02-23
UNION PACIFIC CORP P 2014-01-15 2016-02-23
REYNOLDS AMERICAN INC P 2015-09-04 2016-02-23
GENERAL ELECTRIC P 2004-08-13 2016-04-05
DIAGEO PLC SPSD ADR NEW P 2008-07-29 2015-05-20
3M COMPANY P 2009-06-30 2015-05-20
SOUTH32 LTD SHS P 2015-05-29 2015-06-04
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-09-11
CHEMOURS CO SHS P 2007-05-04 2015-10-15
SEMPRA ENERGY P 2009-10-06 2015-10-21
ACE LIMITED P 2011-10-05 2015-10-30
BRISTOL-MYERS SQUIBB CO P 2009-04-07 2016-01-07
COCA COLA COM P 2009-02-24 2016-02-23
LOCKHEED MARTIN CORP P 2014-02-03 2016-02-23
RAYTHEON CO DELAWARE NEW P 2008-07-29 2016-02-23
VERIZON COMMUNICATIONS COM P 2007-05-04 2016-02-12
BHP BILLITON LTD ADR P 2008-07-29 2016-03-24
INTL PAPER CO P 2013-07-16 2016-04-05
DIAGEO PLC SPSD ADR NEW P 2008-07-29 2015-05-20
3M COMPANY P 2009-06-30 2015-05-21
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-07-16
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-09-14
CHEMOURS CO SHS P 2007-05-04 2015-10-16
SEMPRA ENERGY P 2009-10-06 2015-10-22
ACE LIMITED P 2011-10-06 2015-11-02
INTL BUSINESS MACHINES P 2008-07-29 2016-01-22
COCA COLA COM P 2009-03-23 2016-02-23
MORGAN STANLEY P 2014-01-21 2016-02-23
ANTHEM INC P 2015-01-16 2016-02-23
VERIZON COMMUNICATIONS COM P 2007-05-04 2016-02-23
BHP BILLITON LTD ADR P 2008-07-29 2016-03-28
INTL PAPER CO P 2013-07-16 2016-04-06
DIAGEO PLC SPSD ADR NEW P 2008-07-29 2015-05-21
V F CORPORATION P 2009-03-05 2015-05-20
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-07-20
EVERSOURCE ENERGY COM P 2008-07-29 2015-09-03
CHEMOURS CO SHS P 2008-01-23 2015-10-16
AMER EXPRESS COMPANY P 2010-12-15 2015-10-30
LOCKHEED MARTIN CORP P 2014-01-31 2015-12-17
TRAVELERS COS INC P 2008-03-05 2016-01-22
DIAEGO PLC SPSD ADR NEW P 2008-07-29 2016-02-23
MERCK AND CO INC SHS P 2008-07-29 2016-02-23
SUNTRUST BKS INC COM P 2013-02-20 2016-02-23
WEYERHAEUSER CO P 2010-09-02 2016-02-23
EVERSOURCE ENERGY COM P 2008-07-29 2016-03-02
PROCTER & GAMBLE CO P 2008-07-29 2016-04-13
DU PONT E I DE NEMOURS P 2007-05-04 2015-05-20
V F CORPORATION P 2009-03-05 2005-05-21
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-07-20
EVERSOURCE ENERGY COM P 2008-07-29 2015-09-03
CHEMOURS CO SHS P 2008-01-23 2015-10-16
AMER EXPRESS COMPANY P 2010-12-15 2015-10-30
LOCKHEED MARTIN CORP P 2014-02-03 2015-12-17
TRAVELERS COS INC P 2008-03-11 2016-01-22
DOMINION RES INC NEW VA P 2008-07-29 2016-02-23
MOTOROLA SOLUTIONS INC P 2013-10-02 2016-02-23
3M COMPANY P 2009-06-30 2016-02-23
WELL FARGO & CO NEW DEL P 2008-07-29 2016-02-23
HOME DEPOT INC P 2010-04-09 2016-03-02
CALIFORNIA RESOURCES P 2015-12-02 2016-03-31
FIFTH THIRD BANCORP P 2012-12-20 2015-05-22
V F CORPORATION P 2009-03-05 2015-05-22
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-07-21
EVERSOURCE ENERGY COM P 2008-07-29 2015-09-04
CHEMOURS CO SHS P 2008-01-23 2015-10-19
PRAXAIR INC P 2008-07-29 2015-10-30
MARATHON PETROLEUM CORP P 2008-02-15 2015-12-03
UNITEDHEALTH GROUP INC P 2015-01-15 2015-12-31
DOMINION RES INC NEW VA P 2008-07-29 2016-02-23
MONDELEZ INTERNATIONAL P 2013-04-22 2016-02-23
3M COMPANY P 2009-06-30 2016-02-23
AETNA INC NEW P 2015-12-31 2016-02-23
HOME DEPOT INC P 2010-04-09 2016-03-11
CALIFORNIA RESOURCES P 2015-12-03 2016-03-31
FIFTH THIRD BANCORP P 2012-12-21 2015-05-22
AMER EXPRESS COMPANY P 2010-12-15 2015-06-12
CHEVRON CORP P 2007-05-04 2015-07-24
HOME DEPOT INC P 2010-04-09 2015-09-18
LOCKHEED MARTIN CORP P 2014-01-31 2015-10-15
PRAXAIR INC P 2008-07-29 2015-10-30
MARATHON PETROLEUM CORP P 2008-02-15 2015-12-02
UNITEDHEALTH GROUP INC P 2015-01-15 2016-01-04
DU PONT E I DE NEMOURS P 2007-05-04 2016-02-23
MCDONALDS CORP COM P 2008-07-29 2016-01-29
TRAVELERS COS INC P 2008-03-11 2016-02-23
AETNA INC NEW P 2016-01-04 2016-02-23
VERIZON COMMUNICATIONS COM P 2007-05-04 2016-03-11
CALIFORNIA RESOURCES P 2016-01-22 2016-03-31
FIFTH THIRD BANCORP P 2013-05-09 2015-05-22
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-06-12
CHEVRON CORP P 2007-05-04 2015-07-27
HOME DEPOT INC P 2010-04-09 2015-09-23
LOCKHEED MARTIN CORP P 2014-01-31 2015-10-16
PRAXAIR INC P 2008-07-29 2015-11-02
MARATHON PETROLEUM CORP P 2008-02-15 2015-12-04
UNITEDHEALTH GROUP INC P 2015-01-16 2016-01-04
EVERSOURCE ENERGY COM P 2008-07-29 2016-02-23
MCDONALDS CORP COM P 2008-07-29 2016-02-23
TYCO INTL PLC SHS P 2014-10-10 2016-02-16
CMS ENERGY CORP P 2015-03-18 2016-02-23
CALIFORNIA RESOURCES P 2008-07-29 2016-03-31
MICROSOFT CORP P 2010-07-15 2015-04-30
COMCAST CRP NEW CL A SPL P 2011-02-16 2015-06-15
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-08-10
HOME DEPOT INC P 2010-04-09 2015-09-23
NORTHROP GRUMMAN CORP P 2008-07-17 2015-10-15
PRAXAIR INC P 2008-07-29 2015-11-03
ACE LIMITED P 2011-10-06 2015-12-02
UNITEDHEALTH GROUP INC P 2015-01-16 2016-01-07
GENERAL ELECTRIC P 2004-08-13 2016-02-23
MICROSOFT CORP P 2010-07-15 2016-02-23
TYCO INTL PLC SHS P 2014-10-13 2016-02-16
DOLLAR GENERAL CORP P 2015-04-17 2016-02-23
CALIFORNIA RESOURCES P 2008-07-29 2016-03-31
MICROSOFT CORP P 2010-07-15 2015-04-30
COMCAST CRP NEW CL A SPL P 2011-02-16 2015-06-16
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-08-11
MONDELEZ INTERNATIONAL P 2013-04-22 2015-09-02
NORTHROP GRUMMAN CORP P 2008-07-17 2015-10-16
RAYTHEON CO DELAWARE NEW P 2008-07-29 2015-10-30
ACE LIMITED P 2011-10-06 2015-12-03
ABBOTT LABS P 2007-05-04 2016-02-17
HONEYWELL INTL INC DEL P 2011-04-06 2016-02-23
NEXTERA ENERGY INC SHS P 2007-05-04 2016-02-23
TYCO INTL PLC SHS P 2014-10-13 2016-02-17
DOLLAR GENERAL CORP P 2015-04-20 2016-02-23
CALIFORNIA RESOURCES P 2015-01-15 2016-03-31
MICROSOFT CORP P 2010-07-15 2015-05-01
CHUBB CORP P 2008-07-29 2015-06-04
BRISTOL-MYERS SQUIBB CO P 2007-05-04 2015-08-12
SEMPRA ENERGY P 2009-10-05 2015-09-01
PRAXAIR INC P 2008-07-29 2015-10-15
RAYTHEON CO DELAWARE NEW P 2008-07-29 2015-11-18
ACE LIMITED P 2011-10-06 2015-12-03
ABBOTT LABS P 2007-05-04 2016-02-17
HOME DEPOT INC P 2010-04-09 2016-02-23
NORTHROP GRUMMAN CORP P 2008-07-17 2016-02-23
TYCO INTL PLC SHS P 2014-10-14 2016-02-17
EXELON CORPORATION P 2015-10-15 2016-02-23
EVERSOURCE ENERGY COM P 2008-07-29 2016-04-05
(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 2,007   836 1,171
b 1,686   562 1,124
c 9,481   4,599 4,882
d 309   255 54
e 1,298   703 595
301   153 148
2,504   1,043 1,461
2,544   1,335 1,209
777   424 353
546   373 173
516   457 59
2,144   2,501 -357
654   822 -168
115   51 64
2,012   836 1,176
887   294 593
3,004   2,295 709
2,009   1,658 351
1,483   815 668
1,319   662 657
683   284 399
1,760   911 849
376   122 254
376   523 -147
553   258 295
268   323 -55
584   653 -69
2,159   964 1,195
515   215 300
806   323 483
476   299 177
757   405 352
1,781   853 928
1,011   509 502
2,374   1,557 817
202   90 112
749   311 438
619   507 112
2,441   1,611 830
773   683 90
531   622 -91
341   152 189
1,489   621 868
1,699   678 1,021
2,379   1,496 883
1,754   926 828
593   284 309
303   153 150
594   309 285
2,351   1,112 1,239
342   318 24
1,145   681 464
1,145   910 235
1,088   944 144
435   401 34
1,025   457 568
290   120 170
876   355 521
5,040   878 4,162
4,727   3,114 1,613
49   87 -38
1,523   764 759
229   122 107
1,008   306 702
643   517 126
928   650 278
505   763 -258
475   511 -36
605   501 104
3,263   3,327 -64
558   351 207
3,405   1,258 2,147
485   531 -46
1,880   960 920
118   210 -92
1,423   713 710
1,144   610 534
1,791   551 1,240
438   215 223
861   602 259
1,247   579 668
2,634   2,013 621
3,010   8,784 -5,774
1,117   1,331 -214
1,340   843 497
3,567   1,318 2,249
2,781   1,200 1,581
1,128   570 558
65   124 -59
1,222   611 611
1,710   911 799
4,400   4,591 -191
219   108 111
309   424 -115
654   673 -19
909   684 225
745   2,141 -1,396
2,550   3,043 -493
1,126   702 424
1,069   180 889
70   30 40
1,907   1,025 882
91   149 -58
1,246   791 455
1,079   756 323
1,025   474 551
418   281 137
1,266   810 456
406   333 73
734   466 268
2,402   1,124 1,278
3,113   2,470 643
3,176   2,306 870
1,205   205 1,000
490   210 280
419   225 194
13   21 -8
1,539   977 562
1,726   1,204 522
1,537   716 821
708   434 274
998   846 152
155   60 95
1,299   801 498
1,874   497 1,377
2   3 -1
1,414   1,044 370
856   144 712
1,866   810 1,056
320   175 145
73   128 -55
223   188 35
1,646   609 1,037
3,319   2,923 396
283   174 109
439   346 93
155   60 95
107   109 -2
2,689   696 1,993
5   7 -2
7,070   5,208 1,862
3,095   1,813 1,282
1,810   1,590 220
2,561   729 1,832
2,920   2,116 804
892   751 141
577   203 374
1,502   1,357 145
528   439 89
2,607   1,256 1,351
432   191 241
749   753 -4
2,679   1,938 741
3   3  
2,828   2,444 384
3,184   1,470 1,714
2,140   1,908 232
813   232 581
420   302 118
1,458   1,221 237
1,048   386 662
3,350   3,042 308
666   300 366
586   298 288
682   844 -162
635   555 80
5   6 -1
1,945   1,023 922
1,451   597 854
2,046   960 1,086
1,394   398 996
1,738   589 1,149
339   282 57
116   61 55
2,468   2,308 160
378   412 -34
821   409 412
1,465   1,808 -343
1,480   1,496 -16
8   10 -2
1,021   537 484
4,229   1,745 2,484
2,957   1,410 1,547
4,747   3,555 1,192
1,915   648 1,267
3,081   1,505 1,576
2,065   1,093 972
1,730   1,258 472
623   353 270
1,273   703 570
1,039   1,261 -222
148   150 -2
6   8 -2
2,439   1,279 1,160
2,419   1,173 1,246
2,426   1,170 1,256
185   100 85
2,943   2,536 407
2,701   1,274 1,427
344   182 162
3,653   2,655 998
2,372   629 1,743
765   235 530
1,143   1,331 -188
375   370 5
916   400 516
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       1,171
b       1,124
c       4,882
d       54
e       595
      148
      1,461
      1,209
      353
      173
      59
      -357
      -168
      64
      1,176
      593
      709
      351
      668
      657
      399
      849
      254
      -147
      295
      -55
      -69
      1,195
      300
      483
      177
      352
      928
      502
      817
      112
      438
      112
      830
      90
      -91
      189
      868
      1,021
      883
      828
      309
      150
      285
      1,239
      24
      464
      235
      144
      34
      568
      170
      521
      4,162
      1,613
      -38
      759
      107
      702
      126
      278
      -258
      -36
      104
      -64
      207
      2,147
      -46
      920
      -92
      710
      534
      1,240
      223
      259
      668
      621
      -5,774
      -214
      497
      2,249
      1,581
      558
      -59
      611
      799
      -191
      111
      -115
      -19
      225
      -1,396
      -493
      424
      889
      40
      882
      -58
      455
      323
      551
      137
      456
      73
      268
      1,278
      643
      870
      1,000
      280
      194
      -8
      562
      522
      821
      274
      152
      95
      498
      1,377
      -1
      370
      712
      1,056
      145
      -55
      35
      1,037
      396
      109
      93
      95
      -2
      1,993
      -2
      1,862
      1,282
      220
      1,832
      804
      141
      374
      145
      89
      1,351
      241
      -4
      741
       
      384
      1,714
      232
      581
      118
      237
      662
      308
      366
      288
      -162
      80
      -1
      922
      854
      1,086
      996
      1,149
      57
      55
      160
      -34
      412
      -343
      -16
      -2
      484
      2,484
      1,547
      1,192
      1,267
      1,576
      972
      472
      270
      570
      -222
      -2
      -2
      1,160
      1,246
      1,256
      85
      407
      1,427
      162
      998
      1,743
      530
      -188
      5
      516
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 2 101,956
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 1,831
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 42,542 1,057,307 0.040236
2013 27,714 970,568 0.028554
2012 39,870 850,964 0.046853
2011 33,967 630,355 0.053886
2010 16,000 349,607 0.045766
2
Total of line 1, column (d) .....................
20.215295
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
0.043059
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,103,272
5
Multiply line 4 by line 3......................
5
47,506
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,218
7
Add lines 5 and 6........................
7
48,724
8
Enter qualifying distributions from Part XII, line 4.............
8
65,113
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 1,218
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  
3 Add lines 1 and 2........................... 3 1,218
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,218
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 12
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,230
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletFL
    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
     
     
    Website addressbulletNA
    14
    The books are in care ofbulletD'ARCANGELO & CO LLP Telephone no.bullet (845) 473-7774

    Located atbullet510 HAIGHT AVENUEPOUGHKEEPSIENY ZIP+4bullet12603
    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
     
     
    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
    PATRICIA WEBB GOODEMOTE VICE PRESIDE
    0.00     		0 0 0
    466 SCHULTZ HILL ROAD
    RHINEBECK,NY12572
    JOHN C WEBB JR PRESIDENT
    0.00     		0 0 0
    989 MAIN STREET
    FISHKILL,NY12524
    KELLEEN C MCGEE SECRETARY
    0.00     		0 0 0
    28 DARTMOUTH STREET
    BOSTON,MA02116
    JOHN C WEBB III TREASURER
    0.00     		0 0 0
    989 MAIN STREET
    FISHKILL,NY12524
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    1,078,807
    b
    Average of monthly cash balances.......................
    1b
    41,266
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,120,073
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,120,073
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    16,801
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,103,272
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    55,164
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    55,164
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,218
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,218
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    53,946
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    53,946
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    53,946
    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
    65,113
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    65,113
    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
    1,218
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    63,895
    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 53,946
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 46,717
    b Total for prior years:20, 20, 20  
    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........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 65,113
    a Applied to 2014, but not more than line 2a 46,717
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 18,396
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		35,550
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    THE NY DISTRICT OF THE
    ASSEMBLIES OF GOD
    8130 OSWEGO ROAD
    LIVERPOOL,NY13088     		NONE CHARITY GENERAL PURPOSE 12,800
    FIRST CHURCH OF THE NAZARENE
    546 VASSAR ROAD
    POUGHKEEPSIE,NY12603     		NONE CHARITY GENERAL PURPOSE 1,000
    PINEBROOK ASSEMBLY OF GOD
    232 CITY HILL STREET
    NAUGATUCK,CT06770     		NONE CHARITY GENERAL PURPOSE 3,000
    SOUTHERN NEW ENGLAND DISTRICT
    ASSEMBLIES OF GOD
    PO BOX 535
    STURBRIDGE,MA01566     		NONE CHARITY GENERAL PURPOSE 5,000
    NORTHERN NEW ENGLAND DISTRICT
    ASSEMBLIES OF GOD
    501 RIVERSIDE STREET
    PORTLAND,ME04103     		NONE CHARITY GENERAL PURPOSE 4,000
    ST LAWRENCE UNIVERSITY
    23 ROMODA DIVE
    CANTON,NY13617     		NONE CHARITY GENERAL PURPOSE 5,000
    CHILDREN'S HOME OF POUGHKEEPSIE
    10 CHILDRENS WAY
    POUGHKEEPSIE,NY12601     		NONE CHARITY GENERAL PURPOSE 5,000
    RHINEBECK REFORMED CHURCH
    6368 MILL STREET
    RHINEBECK,NY12572     		NONE CHARITY GENERAL PURPOSE 5,000
    ADIRONDACK COUNCIL INC
    PO BOX D 2
    ELIZABETHTOWN,NY12932     		NONE CHARITY GENERAL PURPOSE 1,000
    MUSEUM OF FINE ARTS
    465 HUNTINGTON AVENUE
    BOSTON,MA02115     		NONE CHARITY GENERAL PURPOSE 1,500
    ROSE FITZGERALD KENNEDY GREENWAY
    185 KNELAND STREET
    BOSTON,MA02111     		NONE CHARITY GENERAL PURPOSE 500
    ULSTER DETACHMENT MARINE CORP
    339 HASBROUCK AVENUE
    KINGSTON,NY12401     		NONE CHARITY GENERAL PURPOSE 2,000
    TANZANIAN COMMUNITIES
    14 MOUNT AUBURN STREET
    WATERTOWN,MA02472     		NONE CHARITY GENERAL PURPOSE 1,000
    NJ DISTRICT COUNCIL OF THE
    ASSEMBLIES OF GOD
    PO BOX 100
    BURLINGTON,NJ08016     		NONE CHARITY GENERAL PURPOSE 1,000
    PA DE DIST COUNCIL OF THE
    ASSEMBLIES OF GOD
    4651 WESTPORT DRIVE
    MECHANICSBURG,PA17055     		NONE CHARITY GENERAL PURPOSE 100
    OSSINGING GOSPEL ASSEMBLY OF GOD
    199 CROTON AVENUE
    OSSINING,NY10562     		NONE CHARITY GENERAL PURPOSE 2,000
    LONG ISLAND TEEN CHALLENGE INC
    PO BOX 1155
    WEST BABYLON,NY11704     		NONE CHARITY GENERAL PURPOSE 1,000
    TEEN CHALLENGE NEW ENGLAND INC
    PO BOX 3265 1315 MAIN ST
    BROCKTON,MA02301     		NONE CHARITY GENERAL PURPOSE 1,000
    ACCESS SUPPORTS FOR LIVING
    FOUNDATION BOARD
    10 QUAKER AVENUE
    NEW WINDSOR,NY12553     		NONE CHARITY GENERAL PURPOSE 500
    LYNNFIELD CALVARY CHRISTIAN CHURCH
    47 GROVE STREET
    LYNNFIELD,MA01940     		NONE CHARITY GENERAL PURPOSE 500
    PILAR F GIFFENIG SCHOLARSHIP FUND
    53 EAST MAIN STREET
    SALISBURY,CT06068     		NONE CHARITY GENERAL PURPOSE 1,250
    GLEN DOHERTY MEMORIAL FOUNDATION
    PO BOX 716
    MARBLEHEAD,MA01945     		NONE CHARITY GENERAL PURPOSE 500
    BLUE MT LAKE ASSOCIATION INC
    PO BOX 245
    BLUE MOUNTAIN LAKE,NY12812     		NONE CHARITY GENERAL PURPOSE 250
    Total .................................bullet 3a 54,900
    bApproved for future payment
    Total .................................bullet 3b  
    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 30,089  
    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 ............     		        101,956
    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)..   30,089 101,956
    13Total. Add line 12, columns (b), (d), and (e)..................
    13132,045
    (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:
    WEBB FAMILY FOUNDATION INC
     
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN:
    65-0760592
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 3,500 1,750   1,750

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    WEBB FAMILY FOUNDATION INC
     
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN:
    65-0760592
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS    
    ABBVIE INC SHS 3,819 7,686
    ACE LIMITED    
    AMERICAN EXPRESS COMPANY 2,325 3,272
    AETNA INC NEW 13,148 13,809
    AMERICAN INTERNATIONAL 17,221 17,025
    ANTHEM INC 13,874 14,077
    ASTRAZENECA PLC SPND ADR 8,563 8,340
    BHP BILLITON LTD ADR    
    BRISTOL-MYERS SQUIBB CO 2,163 7,651
    CHEVRON CORP 10,174 13,283
    CHUBB CORP    
    CITIGROUP INC COM NEW 34,008 30,499
    CME GROUP INC 7,325 9,099
    CMS ENERGY CORP 8,422 9,723
    COCA COLA COM 11,297 14,874
    COMCAST CRP NEW CL A SPL 10,735 16,041
    CONOCOPHILLIPS 7,170 6,786
    DIAGEO PLC SPSD ADR NEW 4,704 7,258
    DOLLAR GENERAL CORP 21,958 24,245
    DOMINION RES INC NEW VA 8,195 16,152
    DOW CHEMICAL CO 8,771 11,732
    DU PONT E I DE NEMOURS 13,901 20,103
    EXELON CORPORATION 8,039 9,158
    EXXON MOBIL CORP 15,418 29,437
    EVERSOURCE ENERGY COM    
    FIFTH THIRD BANCORP    
    GAP INC DELAWARE 13,001 9,527
    GENERAL ELECTRIC 32,069 35,732
    GOLDMAN SACHS GROUP INC 11,594 10,175
    HESS CORP 7,820 11,745
    HOME DEPOT 11,684 24,368
    HONEYWELL INTL INC DEL 10,886 17,826
    INTEL CORP 24,273 28,039
    INTL BUSINESS MACHINES    
    INTL PAPER CO 6,434 5,798
    JOHNSON & JOHNSON 12,487 20,735
    JP MORGAN CHASE AND CO 34,447 47,526
    KROGER CO 11,168 13,519
    LOCKHEED MARTIN CORP 10,616 13,710
    MARATHON OIL CORP 6,981 3,156
    MARATHON PETROLEUM CORP 9,344 10,903
    MCDONALDS CORP 5,742 12,270
    MERCK & CO INC 16,502 22,484
    METLIFE INC 14,031 11,771
    MICROSOFT CORP 18,684 25,334
    MONDELEZ INTERNATIONAL 5,631 7,690
    MORGAN STANLEY 24,430 20,944
    MOTOROLA SOLUTIONS INC 6,658 8,271
    NEXTERA ENERGY INC SHS 9,972 18,342
    NORTHROP GRUMMAN CORP 5,474 19,182
    OCCIDENTAL PETE CORP CAL 23,108 24,451
    ORACLE CORP 19,280 20,209
    PFIZER INC DEL 31,696 37,845
    PHILIP MORRIS INTL INC 3,841 8,733
    PHILLIPS 66 SHS    
    PRAXAIR INC 4,602 5,756
    PROCTER & GAMBLE CO 16,069 17,947
    PRUDENTIAL FINANCIAL INC 12,806 14,829
    PUB VC ENTERPRISE GRP 7,621 8,719
    QUALCOMM INC 18,789 13,135
    QUEST DIAGNOSTICS INC 11,558 11,576
    RAYTHEON CO DELAWARE NEW 9,725 21,227
    REYNOLDS AMERICAN INC 7,485 8,878
    SCHLUMBERGER LTD 9,641 9,078
    SEMPRA ENERGY    
    SUNTRUST BKS INC COM 19,336 24,585
    TOTAL S.A. SP ADR 21,426 15,936
    TRAVELERS COS INC 5,248 12,089
    TYCO INTL PLC SHS    
    UNILEVER NV NY REG SHS 2,498 3,654
    UNION PACIFIC CORP 8,434 8,636
    UNITED PARCEL SVC CL B 9,216 11,348
    UNITED TECHS CORP 2,938 5,949
    UNITEDHEALTH GROUP INC 12,070 14,748
    US BANCORP (NEW) 14,290 18,101
    V F CORPORATION    
    VERIZON COMMUNICATIONS COM 13,297 17,829
    WELLS FARGO & CO NEW 24,288 36,485
    WEYERHAEUSER CO 3,621 7,485
    3M COMPANY 3,476 9,709

    TY 2015 OtherExpensesSchedule
    Name:
    WEBB FAMILY FOUNDATION INC
     
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN:
    65-0760592
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT FEES 16,925 8,462   8,463


    TY 2015 TaxesSchedule
    Name:
    WEBB FAMILY FOUNDATION INC
     
    C/O JOHN WEBB JR/EMERY & WEBB
    EIN:
    65-0760592
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON DIVIDENDS 242      
    FEDERAL TAXES 395      
      47