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 AGECROFT ASSOCIATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4305 SULGRAVE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, VA23221
A Employer identification number

54-0805729
B Telephone number (see instructions)

(804) 353-4241
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$27,747,998J Accounting method:
modified cash
(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) 848,258
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 274,679 274,679 274,679
5a Gross rents............ 6,550 6,550 6,550
b Net rental income or (loss) 6,550
6a Net gain or (loss) from sale of assets not on line 10 210,872
b Gross sales price for all assets on line 6a 3,042,961
7 Capital gain net income (from Part IV, line 2)... 210,872
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 19,876
b Less: Cost of goods sold.... 3,793
c Gross profit or (loss) (attach schedule)..... 16,083 16,083
11 Other income (attach schedule)....... Click to see attachment 168,003 0 168,003
12 Total. Add lines 1 through 11........ 1,524,445 492,101 465,315
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 145,209 1,452 60,988 84,221
14 Other employee salaries and wages...... 423,593 414 24,688 398,905
15 Pension plans, employee benefits....... 106,107 302 18,342 87,765
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 41,550 550 550 41,000
c Other professional fees (attach schedule).... Click to see attachment 96,515 67,957 67,957 28,558
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 42,354 122 122 42,232
19 Depreciation (attach schedule) and depletion... Click to see attachment 64,938 0 21,430
20 Occupancy.............. 52,333 0 0 52,333
21 Travel, conferences, and meetings....... 6,115 0 0 6,115
22 Printing and publications.......... 596 0 0 596
23 Other expenses (attach schedule)....... Click to see attachment 435,603 0 82,798 352,805
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,414,913 70,797 276,875 1,094,530
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,414,913 70,797 276,875 1,094,530
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 109,532
b Net investment income (if negative, enter -0-) 421,304
c Adjusted net income (if negative, enter -0-)... 188,440
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............. 118,836 227,834 227,834
2 Savings and temporary cash investments......... 1,085,911 614,499 614,499
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.............. 32,331 34,282 34,282
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 311,762 Click to see attachment150,281 150,281
b Investments—corporate stock (attach schedule)....... 8,032,601 Click to see attachment7,761,704 7,761,704
c Investments—corporate bonds (attach schedule)....... 1,740,888 Click to see attachment2,235,097 2,235,097
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 bullet7,953,686
Less: accumulated depreciation (attach schedule) bullet2,162,938 5,839,449 Click to see attachment5,790,748 16,724,301
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,161,778 16,814,445 27,747,998
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.................. 11,322,329 11,023,697
25 Temporarily restricted...............    
26 Permanently restricted............... 5,839,449 5,790,748
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 17,161,778 16,814,445
31 Total liabilities and net assets/fund balances (see instructions). 17,161,778 16,814,445
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
17,161,778
2
Enter amount from Part I, line 27a .....................
2
109,532
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
17,271,310
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
456,865
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
16,814,445
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES- BANK OF AMERICA ST      
b PUBLICLY TRADED SECURITIES- BANK OF AMERICA LT      
c ENRON VICTIM'S FUND LITIGATION PROCEEDS P   2015-06-04
d CAPITAL GAIN DISTRIBUTION-COLUMBIA MID CAP P   2015-12-31
e CAPITAL GAIN DISTRIBUTION-COLUMBIA SMALL CAP P   2015-12-31
NORTEL NETWORKS CORP LITIGATION PROCEEDS P   2015-10-27
CAPITAL GAIN DISTRIBUTION-PRINCIPAL PFD SEC FUND P   2015-12-18
CAPITAL GAIN DISTRIBUTION-WISDOMTREE P   2015-12-28
(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 1,099,504   1,294,818 -195,314
b 1,845,039   1,537,271 307,768
c 18     18
d 52,942     52,942
e 36,061     36,061
15     15
1,369     1,369
8,013     8,013
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       -195,314
b       307,768
c       18
d       52,942
e       36,061
      15
      1,369
      8,013
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 2 210,872
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 -195,314
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      
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
2  
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
 
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4.............
8
 
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: 1987-03-10(attach copy of letter if necessary–see instructions)
b 1 N/A
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
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 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    bulletVA
    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
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.AGECROFTHALL.COM
    14
    The books are in care ofbulletSIEGLINDE NIX Telephone no.bullet (804) 353-4241

    Located atbullet4305 SULGRAVE RDRICHMONDVA ZIP+4bullet23221
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RICHARD MOXLEY THROUGH 033115 EXECUTIVE DIRECTOR
    40.00     		155,691 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    ANNE KENNY URBAN EXECUTIVE DIRECTOR
    40.00     		53,132 4,937 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    EVANS B BRASFIELD ESQ DIRECTOR
    1.00     		0 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    JANE PADEN DIRECTOR
    1.00     		0 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    RICHARD B WOODWARD PRESIDENT
    2.00     		0 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    JANE PETERS DIRECTOR
    1.00     		0 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    CHARLES L REED DIRECTOR
    1.00     		0 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    DR JOHN R RILLING DIRECTOR
    1.00     		0 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    MARY HARDING SADLER DIRECTOR
    1.00     		0 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    ROGER KIRBY VICE PRESIDENT
    1.00     		0 0 0
    4305 SULGRAVE ROAD
    RICHMOND,VA23221
    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
    US TRUST INVESTMENT MANAGEMENT 67,957
    PO BOX 830269
    DALLAS,TX75283
    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 THE ASSOCIATION OPERATES AND MAINTAINS AGECROFT HALL, A 16TH CENTURY ENGLISH MANOR HOUSE WHICH IS OPEN TO THE PUBLIC. AGECROFT HALL HAD APPROXIMATELY 18,712 TOTAL VISITORS IN 2015, OF WHICH, 12,317 TOURED THE HOUSE AND GARDENS. 1,080,654
    2 THE ASSOCIATION SPONSORS EDUCATIONAL LECTURES AND OTHER EVENTS RELATING TO ITS EXEMPT PURPOSE. IN 2015, AGECROFT SPONSORED PROGRAMS WHICH WERE ATTENDED BY APPROXIMATELY 6,395 PEOPLE. 128,224
    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
    10,093,122
    b
    Average of monthly cash balances.......................
    1b
    1,065,939
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,159,061
    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
    11,159,061
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    167,386
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,991,675
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    549,584
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
     
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,094,530
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,094,530
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,094,530
    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  
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$  
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
    1975-11-10
    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
    188,440 206,425 198,739 188,317 781,921
    b 85% of line 2a ......... 160,174 175,461 168,928 160,069 664,633
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		1,094,530 1,057,055 1,020,949 988,007 4,160,541
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		1,094,530 1,057,055 1,020,949 988,007 4,160,541
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......   28,046,630 27,705,457 26,433,370 82,185,457
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		366,389 364,458 337,615 310,600 1,379,062
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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
    Total .................................bullet 3a 0
    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
    aADMISSIONS         43,889
    bEDUCATION         19,655
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 274,679  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 6,550  
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 210,872  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..         16,083
    11 Other revenue:
    aSPECIAL EVENTS- PROGRAMS     		    05 99,454  
    bLUNCHEON TOURS & PROGRAMS     05 2,902  
    cSHAKESPEARE DRINKS/REFRESHMENTS     05 2,103  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 596,560 79,627
    13Total. Add line 12, columns (b), (d), and (e)..................
    13676,187
    (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.)
    1A THE AGECROFT ASSOCIATION OPERATES AND MAINTAINS AGECROFT HALL AND ITS GROUNDS AS A MUSEUM, ART GALLERY, AND CENTER FOR OTHER CULTURAL EVENTS RELATED TO ITS EXEMPT PURPOSE. ADMISSIONS INCOME IS DERIVED FROM VISITORS TO AGECROFT HALL WHO THEREBY PARTICIPATE IN PRESERVATION OF THIS UNIQUE HISTORIC BUILDING.
    1B EDUCATION/DEVELOPMENT INCOME IS DERIVED FROM EDUCATIONAL PROGRAMS RELATED TO AGECROFT HALL.
    10 SALES OF GIFT SHOP ITEMS RELATING TO THE EXEMPT PURPOSE OF AGECROFT HALL.
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    THE AGECROFT ASSOCIATION
     
    Employer identification number

    54-0805729
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    THE AGECROFT ASSOCIATION
          		Employer identification number
    54-0805729
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    T C WILLIAMS TRUST  
    BANK OF AMERICA 12TH MAIN
     
    RICHMOND, VA23219

    		$ 331,430


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    WILLIAMSMASSIE TRUST  
    BANK OF AMERICA 12TH MAIN
     
    RICHMOND, VA23219

    		$ 514,512


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    THE AGECROFT ASSOCIATION
          		Employer identification number

    54-0805729
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    THE AGECROFT ASSOCIATION
          		Employer identification number

    54-0805729
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ANNUAL AUDIT AND TAX RETURN PREPARATION 41,550 550 550 41,000

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 DepreciationSchedule
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND 1998-01-01 780,000   VAR 0 % 0 0 0  
    AGECROFT HALL 1998-01-01 3,190,137   VAR 0 % 0 0 0  
    BUILDING RENOVATN 1998-01-01 1,569,608 832,429 VAR 0 % 43,131 0 43,131  
    ANTIQUES & HISTORICAL ITEMS 1998-01-01 1,002,832   VAR 0 % 0 0 0  
    BOOKS, LIBRARY 1998-01-01 22,934 22,934 VAR 0 % 0 0 0  
    OPERATIONS FURN &FIXTURES 1998-01-01 376,362 323,899 VAR 0 % 14,987 0 14,987  
    AUTO & TRUCKS 1998-01-01 13,098 13,098 VAR 0 % 0 0 0  
    GROUNDS RENOVATION 1998-01-01 566,704 473,629 VAR 0 % 6,820 0 6,820  
    GREENHOUSE PROJECT 1998-01-01 352,778 352,778 VAR 0 % 0 0 0  
    MUSEUM GIFT SHOP 1998-01-01 7,112 7,112 VAR 0 % 0 0 0  
    ORIENTATION THEATER 2003-01-01 72,121 72,121 VAR 0 % 0 0 0  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DEERE JOHN CAP CORP 50,278 50,278
    CITIGROUP INC 102,757 102,757
    TARGET CORP 105,571 105,571
    UNITEDHEALTH GROUP INC 100,003 100,003
    INTEL CORP 50,066 50,066
    AMERICAN HONDA FIN CORP 49,634 49,634
    CONOCOPHILLIPS 106,210 106,210
    HOME DEPOT INC 51,120 51,120
    ANHEUSER-BUSCH INBEV FIN INC 99,422 99,422
    BB&T CORP SR MEDIUM TERM NT 100,393 100,393
    CISCO SYS INC 50,429 50,429
    APPLE INC 101,169 101,169
    JPMORGAN CHASE & CO 53,369 53,369
    GENERAL ELEC CAP CORP 108,558 108,558
    WELLS FARGO & CO 54,507 54,507
    PHILIP MORRIS INTL INC 101,195 101,195
    UNITED TECHNOLOGIES CORP 101,775 101,775
    FIDELITY ADIVOSR GLOATING RATE HIGH INCOME FUND INSTL 50,160 50,160
    FRANKLIN FTLG RATE DAILY ACCESS FUND CL AD 45,870 45,870
    PRINCIPAL PFD SECS FUND INSTL CL 156,550 156,550
    BP CAP MKTS PLC UNSECD SR NT UNITED KINGDOM 98,567 98,567
    BHP BILLITON FIN USA LTD SR UNSECD NT AUSTRALIA 98,231 98,231
    TRONOTO DOMINION BK SR MEDIUM TERM BK NT CANADA 99,959 99,959
    BANK NOVA SCOTIA B C SR UNSECD NT CANADA 100,550 100,550
    STATOIL ASA UNSECD SR GBL NT NORWAY 99,367 99,367
    TOTAL CAP INTL SA CO GTD NT FANCE 99,387 99,387

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Name of Stock End of Year Book Value End of Year Fair Market Value
    200 SHARES AMAZON COM INC 135,178 135,178
    1000 SHARES DISNEY WALT CO 105,080 105,080
    1500 SHARES GENERAL MTRS CO 51,015 51,015
    575 SHARES HOME DEPOT INC 76,044 76,044
    800 SHARES NIKE INC 50,000 50,000
    650 SHARES TJX COS INC 46,092 46,092
    750 SHARES TIME WARNER INC 48,502 48,502
    775 SHARES CVS HEALTH CORP 75,772 75,772
    1500 SHARES COCA COLA CO 64,440 64,440
    500 SHARES COSTCO WHSL CORP 80,750 80,750
    550 SHARES KIMBERLY CLARK CORP 70,015 70,015
    900 SHARES PEPSICO INC. 89,928 89,928
    750 SHARES PHILIP MORRIS INTL INC 65,933 65,933
    750 SHARES PROCTER & GAMBLE CO 59,557 59,557
    650 SHARES CHEVRON CORP 58,474 58,474
    1100 SHARES CONOCOPHILLIPS 51,359 51,359
    1000 SHARES EXXON MOBIL CORP 77,950 77,950
    500 SHARES OCCIDENTAL PETE CORP 33,805 33,805
    750 SHARES PHILLIPS 66 61,350 61,350
    400 SHARES SCHLUMBERGER LTD 27,900 27,900
    225 SHARES BLACKROCK INC 76,617 76,617
    250 SHARES CHUBB CORP 33,160 33,160
    1500 SHARES CITIGROUP INC 77,625 77,625
    750 SHARES FRANKLIN RES INC 27,615 27,615
    250 SHARES GOLDMAN SACHS GROUP INC 45,058 45,058
    1500 SHARES JP MORGAN CHASE & CO 99,045 99,045
    2000 SHARS MORGAN STANLEY 63,620 63,620
    900 SHARES PNC FINL SVCS GROUP INC 85,779 85,779
    700 SHARES TRAVELERS COS INC 79,002 79,002
    2000 SHARES US BANCORP DEL 85,340 85,340
    2000 SHARES WELLS FARGO & CO 108,720 108,720
    1400 SHARES ABBVIE INC 82,936 82,936
    550 SHARES AMGEN INC 89,282 89,282
    500 SHARES BECTON DICKINSON & CO 77,045 77,045
    650 SHARS BRISTOL MYERS SQUIBB CO 44,714 44,714
    500 SHARES CELGENE CORP 59,880 59,880
    550 SHARES GILEAD SCIENCES INC 55,654 55,654
    1000 SHARES JOHNSON & JOHNSON 102,720 102,720
    500 SHARES LILLY ELI & CO 42,130 42,130
    1650 SHARES MERCK & CO INC 87,153 87,153
    3000 SHARES PFIZER INC 96,840 96,840
    500 SHARES BOEING CO 72,295 72,295
    2750 SHARES GENERAL ELEC CO 85,663 85,663
    750 SHARES HONEYWELL INTL INC 77,678 77,678
    200 SHARES LOCKHEED MARTIN CORP 43,430 43,430
    550 SHARES NORFOLD SOUTHERN CORP 46,524 46,524
    200 SHARES NORTHROP GRUMMAN CORP 37,762 37,762
    400 SHARES RAYTHEON CO 49,812 49,812
    500 SHARES 3M CO 75,320 75,320
    600 SHARES UNITED TECHNOLOGIES CORP 57,642 57,642
    125 SHARES ALPHABET INC 97,251 97,251
    1250 SHARES APPLE INC 131,575 131,575
    3000 SHARES CISCO SYS INC 81,465 81,465
    2250 SHARES EMC CORP 57,780 57,780
    2500 SHARES INTEL CORP 86,125 86,125
    2500 SHARES MICROSOFT CORP 138,700 138,700
    1500 SHARES MICRON TECHNOLOGY INC 21,240 21,240
    650 SHARES SALESFORCE COM INC 50,960 50,960
    1650 SHARES TEXAS INSTRS INC 90,437 90,437
    1000 SHARS VISA INC 77,550 77,550
    400 SHARES AIR PRODS & CHEMS INC 52,044 52,044
    1000 SHARES DOW CHEM CO 51,480 51,480
    800 SHARES DU PONT E I DE NEMOURS & CO 53,280 53,280
    1850 SHARES AT&T INC 63,659 63,659
    1500 SHARES VERIZON COMMUNICATIONS INC 69,330 69,330
    1000 SHARES AMERICAN WTR WKS CO INC 59,750 59,750
    650 SHARES SEMPRA ENERGY 61,107 61,107
    44835.525 SHARES COLUMBIA MID CAP INDEX FUND 618,282 618,282
    19423.023 SHARES COLUMBIA SMALL CAP INDEX FUND 392,151 392,151
    11000 SHARES ISHARES MSCI EAFE ETF 645,920 645,920
    1500 SHARES ISHARES TR MSCI EAFE MIN VOL 97,305 97,305
    750 SHARES VANGUARD GLOBAL EX-U S REAL ESTATE ETF 38,325 38,325
    10000 SHARES VANGUARD FTSE EMERGING MKTS ETF 327,100 327,100
    1775 SHARES VANGUARD MID-CAP ETF 213,195 213,195
    2050 SHARES VANGUARD SMALL-CAP ETF 226,812 226,812
    3500 SHARES WISDOMTREE EUROPE HEDGED EQUITY FUND 188,332 188,332
    525 SHARES AVALONBAY CMNTYS INC 96,668 96,668
    625 SHARES BOSTON PROPERTIES INC 79,713 79,713
    450 SHARES PUBLIC STORAGE INC 111,465 111,465
    450 SSHARES SIMON PPTY GROUP INC 87,498 87,498

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    US Government Securities - End of Year Book Value:

    150,281
    US Government Securities - End of Year Fair Market Value:

    150,281
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2015 LandEtcSchedule2
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 780,000 0 780,000  
    AGECROFT HALL 3,190,137 0 3,190,137  
    BUILDING RENOVATN 1,569,608 875,560 694,048  
    ANTIQUES & HISTORICAL ITEMS 1,002,832 0 1,002,832  
    BOOKS, LIBRARY 22,934 22,934 0  
    OPERATIONS FURN &FIXTURES 376,362 338,886 37,476  
    AUTO & TRUCKS 13,098 13,098 0  
    GROUNDS RENOVATION 566,704 480,449 86,255  
    GREENHOUSE PROJECT 352,778 352,778 0  
    MUSEUM GIFT SHOP 7,112 7,112 0  
    ORIENTATION THEATER 72,121 72,121 0  


    TY 2015 OtherDecreasesSchedule
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Description Amount
    UNREALIZED LOSS 456,865


    TY 2015 OtherExpensesSchedule
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMISSIONS EXPENSE 44 0 0 44
    ADVERTISING 24,512 0 0 24,512
    BANK FEES 4,358 0 0 4,358
    CONSERVATION 5,574 0 0 5,574
    DUES & SUBSCRIPTIONS 3,456 0 0 3,456
    EDUCATION PROGRAM 16,868 0 16,868 0
    GARDEN WEEK LUNCHEONS 1,758 0 1,758 0
    GAS & OIL 1,767 0 0 1,767
    GUARD SERVICES 138,156 0 0 138,156
    INSURANCE 60,871 0 0 60,871
    MISCELLANEOUS EXPENSES 784 0 0 784
    POSTAGE 1,334 0 0 1,334
    REPAIRS & MAINTENANCE 82,838 0 0 82,838
    SPECIAL EVENT EXPENSES 64,016 0 64,016 0
    SUPPLIES 11,963 0 156 11,807
    HORTICULTURE 17,304 0 0 17,304


    TY 2015 OtherIncomeSchedule2
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADMISSIONS 43,889   43,889
    EDUCATION 19,655   19,655
    SPECIAL EVENTS- PROGRAMS 99,454   99,454
    LUNCHEON TOURS & PROGRAMS 2,902   2,902
    SHAKESPEARE DRINKS/REFRESHMENTS 2,103   2,103


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AGENCY ACCOUNT FEES 67,957 67,957 67,957 0
    COMPUTER CONSULTANTS 2,860 0 0 2,860
    PROFESSIONAL SERVICES 25,698 0 0 25,698


    TY 2015 TaxesSchedule
    Name:
    THE AGECROFT ASSOCIATION
    EIN:
    54-0805729
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 41,097 117 117 40,980
    VA UNEMPLOYMENT TAXES 1,257 5 5 1,252