Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
HOWELL FAMILY CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)45 SCHOOL ST 5TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA021083204
A Employer identification number

04-3425079
B Telephone number (see instructions)

(617) 523-1635
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$1,290,441J 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 38 38  
4 Dividends and interest from securities... 35,944 34,869  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 20,710
b Gross sales price for all assets on line 6a 251,643
7 Capital gain net income (from Part IV, line 2)... 20,710
8 Net short-term capital gain......... 0
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........ 56,692 55,617  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,950 1,950 0 0
c Other professional fees (attach schedule).... Click to see attachment 18,128 18,128   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,995 238   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 35 35    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 25,108 20,351 0 0
25 Contributions, gifts, grants paid....... 75,000 75,000
26 Total expenses and disbursements. Add lines 24 and 25 100,108 20,351 0 75,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -43,416
b Net investment income (if negative, enter -0-) 35,266
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 4,902 4,380 4,380
2 Savings and temporary cash investments......... 15,342 5,947 5,947
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 1,015,612 Click to see attachment980,380 1,280,114
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)..........     0
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) 1,035,856 990,707 1,290,441
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........ 1,035,856 990,707
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 1,035,856 990,707
31 Total liabilities and net assets/fund balances (see instructions). 1,035,856 990,707
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
1,035,856
2
Enter amount from Part I, line 27a .....................
2
-43,416
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
992,440
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,733
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
990,707
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 5. AMERIPRISE FINANCIAL INC   2009-04-22 2015-03-05
b 10. ANSYS INC COM   2009-01-08 2015-03-05
c 150. APACHE CORP   2014-11-17 2015-01-07
d 160. APACHE CORP   2009-01-08 2015-01-07
e 30. APPLE COMPUTER INC   2010-03-30 2015-03-05
55. BIOGEN INC   2015-03-05 2015-07-24
10. CVS CORP   2009-01-08 2015-01-07
20. CVS CORP   2009-01-08 2015-03-05
40. CARMAX INC   2011-06-29 2015-01-07
10. CELGENE CORP   2014-08-27 2015-01-07
15. CELGENE CORP   2014-01-13 2015-03-05
30. COMCAST CORP CLASS A   2014-08-27 2015-03-05
5. DANAHER CORPORATION   2008-02-07 2015-03-05
25. ECOLAB INC   2004-06-25 2015-03-05
75. EMERSON ELEC CO   2015-03-05 2015-07-02
340. EMERSON ELEC CO   2009-01-08 2015-07-02
20. FISERV INC WISC   2012-03-06 2015-03-05
5. GOOGLE INC CL C COM   2011-03-08 2015-03-05
.0686 GOOGLE INC CL C COM   2011-03-08 2015-05-04
125. ISHARES MSCI PACIFIC EX-JAPAN (MKT)   2010-12-02 2015-01-12
10. J P MORGAN CHASE & CO   2010-07-15 2015-03-05
35. JOHNSON CTLS INC   2003-01-15 2015-03-05
100. MARKET VECTORS AGRIBUSINESS ETF (MKT)   2010-12-02 2015-01-12
10. NOVARTIS AG BEARER   2010-10-13 2015-03-05
15. O REILLY AUTOMOTIVE INC   2010-01-06 2015-03-05
10. ORACLE CORP   2011-03-29 2015-01-07
185. PRAXAIR INC   2006-01-23 2015-09-03
25. QUALCOMM INC   2015-03-05 2015-09-21
310. QUALCOMM INC   2009-01-08 2015-09-21
20. RESMED INC   2008-09-24 2015-01-07
25. RESMED INC   2008-09-24 2015-01-23
25. RESMED INC   2008-09-24 2015-03-05
5. ROPER INDUSTRIES INC (NEW)   2014-08-27 2015-03-05
5. STRYKER CORP   2009-05-21 2015-03-05
360. SUNCOR ENERGY INC   2009-01-08 2015-01-07
290. SUNCOR ENERGY INC   2014-11-17 2015-01-07
470. TRIMBLE NAVIGATION LTD   2015-01-07 2015-03-05
440. TRIMBLE NAVIGATION LTD   2012-08-14 2015-03-05
20. UNITED TECHNOLOGIES CORP   2009-01-08 2015-03-05
500. VANGUARD FTSE ALL-WORLD EX-US ETF (MKT)   2009-01-08 2015-01-12
115. VANGUARD EMERGING MARKETS STOCK IDX ETF   2010-12-02 2015-01-12
10. VERIZON COMMUNICATIONS INC   2014-08-27 2015-03-05
395. NOBLE CORP PLC SHS   2013-10-04 2015-01-07
360. NOBLE CORP PLC SHS   2014-11-17 2015-01-07
60. PERRIGO CO SHS   2014-08-27 2015-03-05
90. PERRIGO CO SHS   2013-12-19 2015-03-05
CAPITAL GAIN 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 673   131 542
b 864   268 596
c 8,795   12,910 -4,115
d 9,381   13,254 -3,873
e 3,776   1,013 2,763
16,878   23,341 -6,463
958   291 667
2,069   581 1,488
2,579   1,342 1,237
1,143   951 192
1,811   1,292 519
1,798   1,642 156
432   185 247
2,910   777 2,133
4,185   4,558 -373
18,970   12,526 6,444
1,551   663 888
2,878   1,490 1,388
36   20 16
5,466   5,835 -369
620   406 214
1,757   480 1,277
5,208   5,129 79
990   598 392
3,124   577 2,547
429   328 101
19,125   9,767 9,358
1,357   1,771 -414
16,829   13,054 3,775
1,134   452 682
1,658   565 1,093
1,638   565 1,073
844   752 92
465   193 272
10,714   8,476 2,238
8,630   11,426 -2,796
12,353   14,303 -1,950
11,564   9,217 2,347
2,418   1,066 1,352
22,959   16,081 6,878
4,529   5,478 -949
490   496 -6
6,024   13,967 -7,943
5,490   10,058 -4,568
9,575   8,960 615
14,363   13,698 665
      203
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       542
b       596
c       -4,115
d       -3,873
e       2,763
      -6,463
      667
      1,488
      1,237
      192
      519
      156
      247
      2,133
      -373
      6,444
      888
      1,388
      16
      -369
      214
      1,277
      79
      392
      2,547
      101
      9,358
      -414
      3,775
      682
      1,093
      1,073
      92
      272
      2,238
      -2,796
      -1,950
      2,347
      1,352
      6,878
      -949
      -6
      -7,943
      -4,568
      615
      665
       
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 20,710
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 80,000 1,481,549 0.053998
2013 76,750 1,404,466 0.054647
2012 70,000 1,307,719 0.053528
2011 70,000 1,298,370 0.053914
2010 85,273 1,246,466 0.068412
2
Total of line 1, column (d) .....................
20.284499
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
0.0569
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,405,438
5
Multiply line 4 by line 3......................
5
79,969
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
353
7
Add lines 5 and 6........................
7
80,322
8
Enter qualifying distributions from Part XII, line 4.............
8
75,000
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 1 705
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........................... 3 705
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- ..... 5 705
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 2,916
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,916
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
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 2,211
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet708 RefundedBullet 11 1,503
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)
    bulletMA
    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 addressbullet  
    14
    The books are in care ofbulletWELCH & FORBES LLC Telephone no.bullet (617) 523-1635

    Located atbullet45 SCHOOL STREET 5TH FLOORBOSTONMA ZIP+4bullet02108
    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
    PRISCILLA W HOWELL TRUSTEE
    0     		0    
    51 FAIRVIEW STREET
    ROSLINDALE,MA02131
    PETER L HOWELL TRUSTEE
    0     		0    
    255 WEST 88TH STREET - APT 11E
    NEW YORK,NY10025
    SAMUEL H HOWELL TRUSTEE
    0     		0    
    110 SACHUEST WAY
    MIDDLETOWN,RI02840
    JOHN A HOWELL TRUSTEE
    2     		0    
    32 ALDWORTH STREET
    JAMAICA PLAIN,MA02130
    BARBARA W HOWELL TRUSTEE
    0     		0    
    35 GROVE AVENUE
    VINEYARD HAVEN,MA02568
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    1,422,596
    b
    Average of monthly cash balances.......................
    1b
    4,245
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,426,841
    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
    1,426,841
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    21,403
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,405,438
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    70,272
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    70,272
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    705
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    705
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    69,567
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    69,567
    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
    69,567
    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
    75,000
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    75,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    75,000
    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 69,567
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:2013, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 24,192
    b From 2011...... 5,901
    c From 2012...... 5,887
    d From 2013...... 7,598
    e From 2014...... 8,836
    fTotal of lines 3a through e........ 52,414
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 75,000
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 69,567
    e Remaining amount distributed out of corpus 5,433
    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 57,847
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		24,192
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		33,655
    10 Analysis of line 9:
    a Excess from 2011.... 5,901
    b Excess from 2012.... 5,887
    c Excess from 2013.... 7,598
    d Excess from 2014.... 8,836
    e Excess from 2015.... 5,433
    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
    WELLESLEY COLLEGE
    106 CENTRAL STREET
    WELLESLEY,MA024818203     		NONE PUBLIC CHARITY WOMEN'S EDUCATION 1,000
    MARTHA'S VINEYARD BOYS & GIRLS CLUB
    PO BOX 654
    EDGARTOWN,MA02539     		NONE PUBLIC CHARITY EDUCATION OF BOYS AND GIRLS 750
    FRIENDS ACADEMY
    1088 TUCKER ROAD
    NORTH DARTMOUTH,MA077473122     		NONE PUBLIC CHARITY PROVIDE EDUCATIONAL 250
    MARTHAS VINEYARD COMMUNI
    SERVICES INC
    111 EDGARTOWN ROAD
    VINEYARD HAVEN,MA02568     		NONE PUBLIC CHARITY EDUCATION, HEALTH & HUMAN 3,000
    FIRST CONGREGATIONAL CHURCH
    OF WEST TISBURY
    1051 STATE ROAD
    WEST TISBURY,MA02575     		NONE PUBLIC CHARITY OPERATING EXPENSES OF THE 1,500
    FIRST LITERACY INC
    160 BOYLSTON ST
    BOSTON,MA02116     		NONE PUBLIC CHARITY TO SUPPORT ADULT BASIC 4,000
    THE FOOD PROJECT INC
    PO BOX 705 10 LEWIS ST UNIT 4
    LINCOLN,MA01773     		NONE PUBLIC CHARITY PROVIDES YOUTH LEADERSHIP 5,000
    THE BOTTOM LINE INC
    500 AMORY STREET
    JAMAICA PLAIN,MA02130     		NONE PUBLIC CHARITY OPERATING EXPENSES OF THE 5,500
    U ASPIRE
    31 ST JAMES AVENUE SUITE 520
    BOSTON,MA02116     		NONE PUBLIC CHARITY COLLEGE AFFORDABILITY 4,000
    CALHOUN SCHOOL
    433 WEST END AVENUE
    NEW YORK,NY10024     		NONE PUBLIC CHARITY PUBLIC SCHOOL EDUCATION 9,000
    BARD HIGH SCHOOL EARLY COLLEGE
    30-20 THOMSON AVENUE 6TH FLOOR
    NEW YORK,NY11101     		NONE PUBLIC CHARITY COMBINE HIGH SCHOOL & 5,000
    VINEYARD PLAYHOUSE INC
    PO BOX 2452
    VINEYARD HAVEN,MA02568     		NONE PUBLIC CHARITY EDUCATIONAL & TRAINING 1,000
    THE NORMAN BIRD SANCTUARY TRUST
    583 THIRD BEACH ROAD
    MIDDLETOWN,RI02842     		NONE PUBLIC CHARITY PRESERVE WILDLIFE SANCTUARY 5,000
    AQUIDNECK LAND TRUST
    790 AQUIDNECK AVENUE
    MIDDLETOWN,RI02842     		NONE PUBLIC CHARITY PRESERVE OPEN SPACES & 8,000
    SAIL MARTHAS VINEYARD INC
    PO BOX 1998
    VINEYARD HAVEN,MA02568     		NONE PUBLIC CHARITY ADVANCING MARITIME 1,500
    PENNFIELD SCHOOL INC
    110 SANDY POINT AVE
    PORTSMOUTH,RI02871     		NONE PUBLIC CHARITY CREATE INCLUSIVE COMMUNITY 500
    TUNEFOOLERY MUSIC INC
    85 EAST NEWTON ST
    BOSTON,MA02118     		NONE PUBLIC CHARITY OPERATING EXPENSES OF THE 10,000
    ELIZABETH STONE HOUSE INC
    PO BOX 300039
    JAMAICA PLAIN,MA02130     		NONE PUBLIC CHARITY DOMESTIC VIOLENCE PRGRMS, 5,500
    NAMI
    422 8TH STREET NE
    WASHINGTON,DC200032832     		NONE PUBLIC CHARITY OPERATING EXPENSES OF THE 3,000
    SUMMER SEARCH
    BOX 39000
    SAN FRANCISCO,CA94139     		NONE PUBLIC CHARITY MENTORING LOW INCOME HIGH 1,500
    Total .................................bullet 3a 75,000
    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 ...........     		    14 38  
    4 Dividends and interest from securities....     14 35,944  
    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 20,710  
    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)..   56,692  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1356,692
    (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:
    HOWELL FAMILY CHARITABLE FOUNDATION
    EIN:
    04-3425079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 1,950 1,950    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    HOWELL FAMILY CHARITABLE FOUNDATION
    EIN:
    04-3425079
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERIPRISE FINANCIAL INC 4,724 19,156
    ANSYS INC 7,502 25,900
    APPLE INC 7,157 19,999
    CVS CAREMARK CORPORATION 6,830 22,976
    COCA COLA CO 12,960 24,058
    DANAHER CORP 9,899 26,006
    ECOLAB INC 8,615 24,020
    CARMAX INC 12,311 20,239
    GILEAD SCIENCES INC 6,642 23,780
    IBM CORP 17,015 20,643
    JPMORGAN CHASE & CO 13,761 25,752
    JOHNSON & JOHNSON 15,629 24,139
    JOHNSON CONTROLS INC 7,819 18,758
    KAYNE ANDERSON MLP INV CO 51,228 32,851
    METLIFE INC 22,580 22,418
    NOVARTIS AG SPONS ADR 15,266 21,080
    O REILLY AUTOMOTIVE INC 4,617 30,410
    ORACLE CORP 18,502 20,274
    PEPSICO INC 7,081 24,980
    PROCTER & GAMBLE CO 19,127 22,235
    QUALCOMM INC    
    RESMED INC 9,375 20,134
    SCHLUMBERGER LTD 14,958 19,530
    STERICYCLE INC 9,677 21,708
    STRYKER CORP 10,027 24,164
    SUNCOR ENERGY INC    
    TRIMBLE NAVIGATION LTD    
    UNITED TECHNOLOGIES CORP 10,659 19,214
    VANGUARD FTSE ALLWORLD    
    VANGUARD EMERGING MKTS ETF    
    VERIZON COMMUNICATIONS INC 17,223 22,648
    NOBLE CORP ISIN    
    ISHARES IOXX INVESTMENT 221,379 250,822
    VANGUARD FIXED INC SC 40,000 38,303
    CHEVRON CORP NEW 24,610 20,241
    FISERV INC 10,888 28,353
    GOOGLE INC CLASS A    
    PERRIGO CO    
    BANK OF AMERICA CORP 18,940 25,497
    CAPITAL ONE FINANCIAL CORP 21,812 21,654
    POWERSHARES SENIOR LOAN PORT 48,790 44,800
    CELGENE CORP 18,194 24,551
    COMCAST CORP CLASS A    
    GOOGLE INC CL C COM    
    PRA GROUP INC COM 28,022 17,172
    ROPER INDUSTRIES INC NEW 21,822 27,520
    WAL-MART STORES INC 22,333 17,777
    FIRST TRUST NORTH AMERICA ENER 34,125 25,225
    ALPHABET INC CAP STK CL C 7,427 18,972
    ALPHABET INC CAP STK CL A 5,943 15,560
    CF INDUSTRIES HOLDINGS INC 15,321 11,019
    CISCO SYSTEMS INC 10,812 10,590
    COMCAST CORP CLASS A 21,896 22,572
    NATIONAL OILWELL VARCO INC 26,347 14,568
    NVIDIA CORP 16,889 23,731
    INTEL CORP 23,646 24,115
    APACHE CORP    
    EMERSON ELECTRIC    
    ISHARES MSCI PACIFIC JPN    
    MARKET VECTORS AGRBSN ETF    
    PRAXAIR    

    TY 2015 OtherDecreasesSchedule
    Name:
    HOWELL FAMILY CHARITABLE FOUNDATION
    EIN:
    04-3425079
    Description Amount
    RETURN OF CAPITAL - ANDERSON MLP INVESTMENT CO 1,727
    ROUNDING 6


    TY 2015 OtherExpensesSchedule
    Name:
    HOWELL FAMILY CHARITABLE FOUNDATION
    EIN:
    04-3425079
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEE 35 35   0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    HOWELL FAMILY CHARITABLE FOUNDATION
    EIN:
    04-3425079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 18,128 18,128    


    TY 2015 TaxesSchedule
    Name:
    HOWELL FAMILY CHARITABLE FOUNDATION
    EIN:
    04-3425079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 238 238   0
    PRIOR YEAR EXCISE TAX 1,841 0   0
    FEDERAL ESTIMATED TAX 2,916 0   0