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
THE BLUESTONE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)75 ISHAM ROAD NO 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST HARTFORD, CT06107
A Employer identification number

06-1527223
B Telephone number (see instructions)

(860) 313-4930
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$2,423,696J 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 16,784 16,784  
4 Dividends and interest from securities... 77,208 77,208  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,443
b Gross sales price for all assets on line 6a 80,181
7 Capital gain net income (from Part IV, line 2)... 3,443
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........ 97,435 97,435  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 8,556 8,556   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,000 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,834 17,834   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 28,390 26,390   0
25 Contributions, gifts, grants paid....... 124,750 124,750
26 Total expenses and disbursements. Add lines 24 and 25 153,140 26,390   124,750
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -55,705
b Net investment income (if negative, enter -0-) 71,045
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.............      
2 Savings and temporary cash investments......... 48,494 44,355 44,355
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)....... 1,692,213 Click to see attachment1,640,647 2,071,759
c Investments—corporate bonds (attach schedule)....... 287,650 Click to see attachment287,650 307,582
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) 2,028,357 1,972,652 2,423,696
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 2,028,357 1,972,652
30 Total net assets or fund balances (see instructions)..... 2,028,357 1,972,652
31 Total liabilities and net assets/fund balances (see instructions). 2,028,357 1,972,652
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
2,028,357
2
Enter amount from Part I, line 27a .....................
2
-55,705
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,972,652
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,972,652
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 2,000 SHS. AMERICAN FINANCIAL GROUP P 2011-05-04 2015-09-30
b 400 SHS. HOME PROPERTIES, INC. P 2012-09-18 2015-10-08
c .6682 SH. TALEN ENERGY CORPORATION - CASH IN LIEU P 2011-09-30 2015-06-01
d CAPITAL GAINS DIVIDENDS P    
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 50,000   50,998 -998
b 30,092   25,728 4,364
c 13   12 1
d 76     76
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -998
b       4,364
c       1
d       76
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,443
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 110,750 2,466,249 0.044906
2013 99,000 2,309,008 0.042876
2012 88,500 2,123,899 0.041669
2011 90,000 1,939,884 0.046395
2010 89,280 1,724,646 0.051767
2
Total of line 1, column (d) .....................
20.227613
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
0.045523
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
2,506,888
5
Multiply line 4 by line 3......................
5
114,121
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
710
7
Add lines 5 and 6........................
7
114,831
8
Enter qualifying distributions from Part XII, line 4.............
8
124,750
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 1 710
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........................... 3 710
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- ..... 5 710
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 2,620
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 2,620
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,910
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,910 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPAUL L BOURDEAU ESQ Telephone no.bullet (860) 313-4930

    Located atbulletCUMMINGS LOCKWOOD 75 ISHAM ROAD STE400W HRTFDCT ZIP+4bullet06107
    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
    PETER LAPHAM TRUSTEE
    0.00     		0 0 0
    CUMMINGS LOCKWOOD 75 ISHAM RD SUITE
    400
    WEST HARTFORD,CT06107
    PENELOPE LAPHAM TRUSTEE
    0.00     		0 0 0
    CUMMINGS LOCKWOOD 75 ISHAM RD SUITE
    400
    WEST HARTFORD,CT06107
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,475,854
    b
    Average of monthly cash balances.......................
    1b
    69,210
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,545,064
    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
    2,545,064
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    38,176
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,506,888
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    125,344
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    125,344
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    710
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    710
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    124,634
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    124,634
    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
    124,634
    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
    124,750
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    124,750
    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
    710
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    124,040
    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 7 124,634
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 77,677
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 124,750
    a Applied to 2014, but not more than line 2a 77,677
    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..... 47,073
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		77,561
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA
    1900 BENJAMIN FRANKLIN PKWY
    PHILADELPHIA,PA19103     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    ACLU FOUNDATION (AMERICAN CIVIL LIBERTIES UNION FOUNDATION)
    125 BROAD STREET 18TH FLOOR
    NEW YORK,NY10004     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    ADIRONDACK MUSEUM (ADIRONDACK HISTORICAL ASSOCIATION)
    9097 STATE ROAD 30 PO BOX 99
    BLUE MOUNTAIN LAKE,NY12812     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    APPLEGATE HOUSE HERITAGE ARTS AND EDUCATION INC
    7179 SCOTTS VALLEY ROAD
    YONCALLA,OR97499     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    ARDEN THEATRE COMPANY
    40 N2ND STREET
    PHILADELPHIA,PA19106     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    AUDUBON SOCIETY OF RHODE ISLAND
    12 SANDERSON RD
    SMITHFIELD,RI02917     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 500
    BARNES FOUNDATION
    2025 BENJAMIN FRANKLIN PARKWAY
    PHILADELPHIA,PA19130     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    BIODIVERSITY RESEARCH INSTITUTE
    19 FLAGGY MEADOW ROAD
    GORHAM,ME04038     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,500
    BLOCK ISLAND CONSERVANCY
    PO BOX 84
    BLOCK ISLAND,RI02807     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,500
    BLOCK ISLAND EARLY LEARNING CENTER
    PO BOX 1843
    BLOCK ISLAND,RI02807     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,500
    BLOCK ISLAND HEALTH SERVICES INC
    PO BOX 919
    BLOCK ISLAND,RI02807     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    BLOCK ISLAND HISTORICAL SOCIETY
    PO BOX 79
    BLOCK ISLAND,RI02807     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 4,000
    BLOCK ISLAND VOLUNTEER FIRE & RESCUE DEPARTMENT
    PO BOX 781
    BLOCK ISLAND,RI02807     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    CALDERA
    224 NW 13TH AVE STE 304
    PORTLAND,OR97209     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    CASA DE BELEN
    PO BOX 1021
    ROSEBURG,OR97470     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    CASA OF DOUGLAS COUNTY INC
    1000 SE STEPHENS ST
    ROSEBURG,OR97470     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 4,000
    CASCADE FOOTHILLS LIBRARY
    PO BOX 12
    DEXTER,OR97431     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    CENTER FOR WOODEN BOATS
    1010 VALLEY ST
    SEATTLE,WA98109     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    CHESTNUT HILL HISTORIC SOCIETY
    8708 GERMANTOWN AVE
    PHILADELPHIA,PA19118     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,500
    CLOVIS BOTANICAL GARDEN COMMITTEE INC
    1865 HERNDON AVE STE K
    CLOVIS,CA93611     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    DIGNITY HOUSING (COMM DIGNITY & FAIRNESS FOR HOMELESS HOUSING DEVELOPMENT)
    5227-R GERMANTOWN AVENUE
    PHILADELPHIA,PA19144     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    DOCTORS WITHOUT BORDERS USA INC
    333 SEVENTH AVE 2ND FLOOR
    NEW YORK,NY10001     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    DOUGLAS COUNTY CHILDREN'S CENTER INC
    256 SE STEPHENS ST
    ROSEBURG,OR97470     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    DOUGLAS COUNTY LIBRARY FOUNDATION
    1409 NE DIAMOND LAKE BLVD
    ROSEBURG,OR97470     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    DOUGLAS COUNTY MUSEUM FOUNDATION
    123 MUSEUM DRIVE
    ROSEBURG,OR97471     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    ENVIRONMENTAL DEFENSE FUND INCORPORATED
    257 PARK AVE S
    NEW YORK,NY10010     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    EUGENE FAMILY YMCA
    2055 PATTERSON STREET
    EUGENE,OR97405     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    FAMILY DEVELOPMENT CENTER
    300 JERRYS DRIVE
    ROSEBURG,OR97470     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    FOOD FOR LANE COUNTY
    770 BAILEY HILL RD
    EUGENE,OR97402     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    FRIENDS OF ISLAND FREE LIBRARY (BLOCK ISLAND FREE LIBRARY)
    PO BOX 1830
    BLOCK ISLAND,RI02807     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    FRIENDS OF THE CORNELL LAB OF ORNITHOLOGY INC
    289 GREENWICH AVE
    GREENWICH,CT06830     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 750
    FRIENDS OF THE WISSAHICKON INC
    40 W EVERGREEN AVENUE SUITE 108
    PHILADELPHIA,PA19118     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    FRIENDS PEACE TEAMS INC (AGLI)
    1001 PARK AVE
    ST LOUIS,MO63104     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 3,000
    GARDEN CONSERVANCY INC
    PO BOX 219
    COLD SPRING,NY10516     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    GREEN TREE COMMUNITY HEALTH FOUNDATION CHESTNUT HILL HEALTH CARE FOUNDATION
    6 EAST WILLOW GROVE AVENUE
    PHILADELPHIA,PA19118     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    GREENER PARTNERS
    3215 STUMP HALL ROAD
    COLLEGEVILLE,PA19426     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 750
    HEARING HEALTH FOUNDATION
    363 SEVENTH AVENUE 10TH FLOOR
    NEW YORK,NY10001     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 500
    HIV ALLIANCE
    1966 GARDEN AVE
    EUGENE,OR97403     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    INTERNATIONAL RESCUE COMMITTEE INC
    122 E 42ND STREET
    NEW YORK,NY10168     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    MCKENZIE RIVER TRUST
    1245 PEARL STREET
    EUGENE,OR97401     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    MERCY CORPS
    PO BOX 2669 DEPT W
    PORTLAND,OR97208     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,500
    MORRIS ARBORETUM OF THE UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT STREET SUITE 305
    PHILADELPHIA,PA19104     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    NATIONAL PARKS CONSERVATION ASSOC
    777 6TH STREET NW SUITE 700
    WASHINGTON,DC20001     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 750
    NATURAL RESOURCES DEFENSE COUNCIL INC (NRDC)
    40 WEST 20TH ST
    NEW YORK,NY10011     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    OREGON WILD (OREGON NATURAL RESOUCES COUNCIL FUND)
    5825 N GREELEY AVENUE
    PORTLAND,OR97217     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    PHILABUNDANCE
    3616 SOUTH GALLOWAY STREET
    PHILADELPHIA,PA19148     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    PLEASANT HILL FOUNDATION
    PO BOX 636
    PLEASANT HILL,OR97455     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    POPULATION CONNECTION
    2120 L STREET NW SUITE 500
    WASHINGTON,DC20037     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    PRESERVATION ALLIANCE FOR GREATER PHILADELPHIA
    1616 WALNUT ST SUITE 1620
    PHILADELPHIA,PA19103     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    PRO-BONE-O
    PO BOX 1823
    EUGENE,OR97440     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 750
    RARE
    1310 N COURTHOUSE ROAD SUITE 110
    ARLINGTON,VA22201     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    RHODE ISLAND NATURAL HISTORY SURVEY (RINHS)
    PO BOX 1858
    KINGSTON,RI02881     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 16,750
    SOUTH DOUGLAS FOOD BANK
    PO BOX 470
    RIDDLE,OR97469     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    STUDENT CONSERVATION ASSOCIATION INC (SCA)
    4245 NORTH FAIRFAX DRIVE SUITE 825
    ARLINGTON,VA22203     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    SUNRISE ENTERPRISES OF ROSEBURG INC
    3005 NE DIAMOND LAKE BLVD
    ROSEBURG,OR97470     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    THE SCHUYLKILL CENTER FOR ENVIRONMENTAL EDUCATION
    8480 HAGYS MILL ROAD
    PHILADELPHIA,PA19128     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    UCAN SENIOR COMPANION PROGRAM (UNITED COMMUNITY ACTION NETWORK)
    280 NE KENNETH FORD DR
    ROSEBURG,OR97470     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    UMPQUA ACTORS COMMUNITY THEATRE INC (UACT)
    PO BOX 839
    ROSEBURG,OR97470     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    UMPQUA VALLEY ARTS ASSOCIATION (UVAA)
    1624 W HARVARD AVENUE
    ROSEBURG,OR97471     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    UNIVERSITY OF THE ARTS
    320 S BROAD STREET
    PHILADELPHIA,PA19102     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    WHYY INC
    150 NORTH SIXTH STREET
    PHILADELPHIA,PA19106     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 4,000
    WILDAID INC
    744 MONTGOMERY ST SUITE 300
    SAN FRANCISCO,CA94111     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    WILDLIFE CONSERVATION NETWORK INC
    209 MISSISSIPPI STREET
    SAN FRANCISCO,CA94107     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 3,000
    WINTERTHUR MUSEUM INC
    ROUTE 52
    WINTERTHUR,DE19735     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    WOODMERE ART MUSEUM INC
    9201 GERMANTOWN AVE
    PHILADELPHIA,PA19118     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    HABITAT FOR HUMANITY PHILADELPHIA
    1829 N 19TH ST
    PHILADELPHIA,PA19121     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    PROJECT HOME
    1515 FAIRMOUNT AVE
    PHILADELPHIA,PA19130     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,000
    MARY D FUND (BI)
    PO BOX 323
    BLOCK ISLAND,RI02807     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 1,500
    NATURE CONSERVANCY - BLOCK ISLAND
    4245 N FAIRFAX DR STE 100
    ARLINGTON,VA22203     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 3,500
    DOUGLAS COUNTY LOW-COST VETERINARY SERVICES
    545 W UMPQUA ST SUITE 2
    ROSEBURG,OR97471     		NONE PUBLIC CURRENT USE FOR CHARITABLE PURPOSES 2,000
    Total .................................bullet 3a 124,750
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 16,784  
    4 Dividends and interest from securities....     14 77,208  
    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 3,443  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 97,435 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1397,435
    (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 InvestmentsCorpBondsSchedule
    Name:
    THE BLUESTONE FOUNDATION
    EIN:
    06-1527223
    Name of Bond End of Year Book Value End of Year Fair Market Value
    $100,000 CBS CORP DEBENTURE 7.875% 9/1/2023 107,054 120,058
    $50,000 GENERAL ELECTRIC CAP CORP 4.375% 9/16/20 49,235 54,385
    $40,000 GENERAL ELEC CAP CORP SRN NOTE 4.25% 8/15/2022 40,860 42,287
    $40,000 BANK OF AMERICA CORP 4.1% 7/24/2023 39,887 41,365
    $50,000 VERIZON CA DEB 6.75% 5/15/27 50,614 49,487

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE BLUESTONE FOUNDATION
    EIN:
    06-1527223
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2,000 SHS ALTRIA GROUP INC 48,850 116,420
    1,700 SHS ARES CAPITAL CORP 29,732 24,225
    300 SHS AT&T INC 8,388 10,323
    200 SHS AT&T INC 5,594 6,882
    1,000 SHS AT&T INC 24,958 34,410
    600 SHS BAXTER INTERNATIONAL INC 17,947 22,890
    600 SHS EMERSON ELECTRIC CO 35,002 28,698
    200 SHS EMERSON ELECTRIC CO 9,080 9,566
    600 SHS GENERAL ELECTRIC 23,617 18,690
    600 SHS GENERAL ELECTRIC 30,138 18,690
    1,000 SHS GENERAL ELECTRIC 36,158 31,150
    200 SHS IBM 21,883 27,524
    200 SHS JOHNSON & JOHNSON 9,340 20,544
    400 SHS JOHNSON & JOHNSON 20,179 41,088
    100 SHS NEXTERA ENERGY INC 4,735 10,389
    200 SHS NEXTERA ENERGY INC 9,461 20,778
    300 SHS NEXTERA ENERGY INC 14,195 31,167
    400 SHS NEXTERA ENERGY INC 22,881 41,556
    200 SHS NEXTERA ENERGY INC 11,169 20,778
    450 SHS PEPSICO INC 29,913 44,964
    150 SHS PEPSICO INC 9,537 14,988
    500 SHS SPECTRA ENERGY CORP 13,730 11,970
    624 SHS SPECTRA ENERGY CORP 11,794 14,939
    156 SHS SPECTRA ENERGY CORP 3,525 3,735
    1,209 SHS BLACKROCK ENHANCED CAPITAL & INCOME FD 23,158 17,095
    1,500 SHS BLACKROCK ENHANCED CAPITAL & INCOME FD 22,904 21,210
    500 SHS BLACKROCK ENHANCED CAPITAL & INCOME FD 7,643 7,070
    2,000 SHS TEMPLETON EMRG MKT INC FD 28,587 19,940
    3,000 SHS TEMPLETON GLOBAL INCOME 28,776 19,050
    1,200 SHS WESTERN ASSET INVT GRADE DEFINED OPPORTUNITY TR 25,190 24,203
    350 SHS WESTERN ASSET INV GRADE DEFINED OPPORTUNITY TR 7,548 7,060
    100 SHS LEHMAN BROS CAP TR IV 6.375% 10/31/52 2,322 14
    900 SHS LEHMAN BROS CAP TR IV 6.375% 10/31/52 18,833 126
    350 SHS ABBOTT LABS 10,413 15,718
    1,900 SHS. ARES CAPITAL CORP SENIOR NOTES 5.875% DUE 10/1/2022 47,903 48,070
    430 SHS. DEERE CO 35,736 32,796
    700 SHS. DIGITAL RLTY TR INC 48,996 52,934
    250 SHS. EXXON MOBIL 21,807 19,487
    300 SHS. KIMBERLY CLARK 24,169 38,190
    250 SHS. PHILLIPS 66 7,406 20,450
    250 SHS. PHILLIPS 66 7,237 20,450
    2,000 SHS. QWEST CORPORATION 50,953 51,360
    300 SHS. ROCKWELL AUTOMATION INC 23,932 30,783
    1,000 SHS. SECTOR SPDR UTILITIES 37,542 53,010
    400 SHS. STRYKER CORP 22,167 37,176
    1,500 SHS. TEMPLETON EMERG MKT 25,223 14,955
    1,150 SHS. WESTERN ASSET INV GRADE 25,187 23,196
    350 SHS. ABBVIE INC 11,292 20,734
    350 SHS. AUTOMATIC DATA PROC 23,090 29,652
    750 SHS. EXXON MOBIL 32,422 58,463
    1,657 SHS. HARTFORD FINL SVCS GROUP 47,607 72,013
    200 SHS. KIMBERLY CLARK 17,489 25,460
    928 SHS. PFIZER INC. 20,970 29,956
    870 SHS. PPL CORPORATION 26,604 29,693
    1,400 SHS. PUB SVC ENTERPRISE GRP 42,770 54,166
    71 SHS. ZOETIS INC. 1,621 3,402
    1,400 SHS APPLE INC. 97,885 147,364
    116 SHS CDK GLOBAL INC 3,261 5,507
    175 SHS. CELGENE CORP 19,354 20,958
    62 SHS. HALYARD HEALTH INC. 1,777 2,071
    400 SHS. NIKE INC CLASS B 19,322 25,000
    800 SHS. ZOETIS INC. 33,004 38,336
    700 SHS. FIRST TR EXCH TRADED FD 20,379 21,028
    2,500 SHS. NEXTERA ENERGY C 5.7% PFD DUE 3/1/72 54,749 64,000
    1,400 SHS. SECTOR SPDR TECH SELECT 36,989 59,962
    600 SHS. BAXALTA INCORPORTED 14,566 23,418
    1,000 SHS. NEW YORK MTG 7.875% PFD 25,015 18,750
    108 SHS. TALEN ENERGY CORPORATION 1,947 673
    1,300 SHS. WELLTOWER INC 59,378 88,439
    2,324.377 SHS. BLACKROCK GLOBAL OPPTY PORT INV CL A 23,718 32,007

    TY 2015 LegalFeesSchedule
    Name:
    THE BLUESTONE FOUNDATION
    EIN:
    06-1527223
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUMMINGS & LOCKWOOD LLC, LEGAL FEES 8,556 8,556   0


    TY 2015 OtherExpensesSchedule
    Name:
    THE BLUESTONE FOUNDATION
    EIN:
    06-1527223
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CHARLES SCHWAB - MANAGEMENT ADVISOR FEE 17,834 17,834   0


    TY 2015 TaxesSchedule
    Name:
    THE BLUESTONE FOUNDATION
    EIN:
    06-1527223
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    US TREASURY, ESTIMATED TAX FOR 2015 FORM 990PF 2,000 0   0