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
NORWIN S AND ELIZABETH N BEAN
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 326
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MANCHESTER, NH031050326
A Employer identification number

02-6013381
B Telephone number (see instructions)

(603) 625-6464
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$12,425,689J 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 47,078 47,078 47,078
4 Dividends and interest from securities... 140,409 140,409 140,409
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 879,492
b Gross sales price for all assets on line 6a 30,240,491
7 Capital gain net income (from Part IV, line 2)... 879,492
8 Net short-term capital gain......... 16,980
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)....... Click to see attachment 1,711   1,711
12 Total. Add lines 1 through 11........ 1,068,690 1,066,979 206,178
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 11,042 2,208   8,834
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,000 2,200   8,800
c Other professional fees (attach schedule).... Click to see attachment 168,670 92,024 79,585 76,373
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 29,817 5,963 5,963 23,854
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 10,547 2,109   8,438
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 231,076 104,504 85,548 126,299
25 Contributions, gifts, grants paid....... 515,434 515,434
26 Total expenses and disbursements. Add lines 24 and 25 746,510 104,504 85,548 641,733
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 322,180
b Net investment income (if negative, enter -0-) 962,475
c Adjusted net income (if negative, enter -0-)... 120,630
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......... 1,320,255 269,979 269,979
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)....... 9,069,438 Click to see attachment11,883,818 11,905,710
c Investments—corporate bonds (attach schedule)....... 1,441,924    
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) Click to see attachment250,000 Click to see attachment250,000 Click to see attachment250,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,081,617 12,403,797 12,425,689
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 12,081,617 12,403,797
30 Total net assets or fund balances (see instructions)..... 12,081,617 12,403,797
31 Total liabilities and net assets/fund balances (see instructions). 12,081,617 12,403,797
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
12,081,617
2
Enter amount from Part I, line 27a .....................
2
322,180
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
12,403,797
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
12,403,797
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 NORTHERN TRUST P    
b GS 56992-9 P    
c GS 12188-7 P    
d GS 56992-9 P    
e GS 12188-7 P    
GS 56992-9 P    
GS 12188-7 P    
GS 55079-7 P    
GS 45902-2 P    
GS 55079-7 P    
GS 45902-2 P    
GS 55079-7 P    
GS 69541-4 P    
GS 69541-4 P    
GS 19500-6 P    
GS 19500-6 P    
GS 19474-4 P    
GS 19474-4 P    
GS 19150-0 P    
GS 19150-0 P    
GS 19150-0 P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 11,591,934   11,691,799 -99,865
b 913,698   942,851 -29,153
c 5,298,631   4,274,298 1,024,333
d 99,781   99,990 -209
e 3,708,641   3,922,243 -213,602
251,926   251,550 376
486,409   491,140 -4,731
593   371 222
177,795   173,948 3,847
189,564   173,678 15,886
2,254,789   2,196,457 58,332
145,924   139,910 6,014
14,741   11,900 2,841
338,470   317,362 21,108
712,556   678,004 34,552
867,529   789,302 78,227
591,300   601,077 -9,777
1,135,559   1,146,507 -10,948
50,226   50,000 226
700,472   678,175 22,297
691,990   730,437 -38,447
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       -99,865
b       -29,153
c       1,024,333
d       -209
e       -213,602
      376
      -4,731
      222
      3,847
      15,886
      58,332
      6,014
      2,841
      21,108
      34,552
      78,227
      -9,777
      -10,948
      226
      22,297
      -38,447
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 2 879,492
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 16,980
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 596,332 12,868,698 0.046340
2013 609,832 13,197,538 0.046208
2012 402,355 11,106,882 0.036226
2011 483,034 11,200,818 0.043125
2010 452,886 11,466,211 0.039497
2
Total of line 1, column (d) .....................
20.211396
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
0.042279
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
12,567,167
5
Multiply line 4 by line 3......................
5
531,327
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,625
7
Add lines 5 and 6........................
7
540,952
8
Enter qualifying distributions from Part XII, line 4.............
8
641,733
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 9,625
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 9,625
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 9,625
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 24,400
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 24,400
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 42
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 14,733
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet14,733 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNH
    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 addressbulletWWW.BEANFOUNDATION.ORG
    14
    The books are in care ofbulletTHOMAS J DONOVAN Telephone no.bullet (603) 625-6464

    Located atbullet900 ELM STREETMANCHESTERNH ZIP+4bullet03105-0326
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
    Yes
     
    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
    WILLIAM H DUNLAP CHAIR
    1.00     		1,667 0 0
    141 AMHERST STREET
    AMHERST,NH03031
    THOMAS J DONOVAN SENIOR TRUST
    1.00     		2,500 0 0
    900 ELM ST
    MANCHESTER,NH03101
    JOHN F DINKEL SENIOR TRUST
    1.00     		0 0 0
    3 BELDENS MILL LANE
    AMHERST,NH03031
    CATHRYN E VAUGHN TERM TRUSTEE
    1.00     		3,500 0 0
    1333 BEECH STREET
    MANCHESTER,NH03104
    LESLEE STEWART TERM TRUSTEE
    1.00     		1,875 0 0
    900 ELM STREET
    MANCHESTER,NH03101
    ANNA THOMAS TERM TRUSTEE
    1.00     		1,500 0 0
    900 ELM STREET
    MANCHESTER,NH03101
    DAVID CHEN TERM TRUSTEE
    1.00     		0 0 0
    900 ELM STREET
    MANCHESTER,NH03101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    11,713,428
    b
    Average of monthly cash balances.......................
    1b
    795,117
    c
    Fair market value of all other assets (see instructions)................
    1c
    250,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,758,545
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    12,758,545
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    191,378
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,567,167
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    628,358
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    628,358
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    9,625
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,625
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    618,733
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    618,733
    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
    618,733
    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
    641,733
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    641,733
    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
    9,625
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    632,108
    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 7 618,733
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 578,000
    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$ 641,733
    a Applied to 2014, but not more than line 2a 578,000
    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..... 63,733
    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 ..........     		555,000
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    NORWIN S AND ELIZABETH N BEAN FDN
    40 STARK STREET
    MANCHESTER,NH03101
    (603) 493-7257
    bThe form in which applications should be submitted and information and materials they should include:
    IN ALL CASES APPLICATIONS SHOULD INCLUDE: A COMPLETED BEAN FOUNDATION APPLICATION COVER SHEET. A NARRATIVE WHICH EXPLAINS THE PURPOSE OF THE PROJECT AND DESCRIBES HOW THAT PURPOSE WILL BE ACCOMPLISHED. ITEMIZED INCOME AND EXPENSE BUDGET FOR THE PROJECT INDICATING KNOWN AND PROJECTED SOURCES OF FINANCIAL SUPPORT. LAST AVAILABLE FINANCIAL STATEMENT (PREFERABLY AUDITED) AND CURRENT YEAR'S OPERATING BUDGET FOR THE ORGANIZATION. LISTING OF THE BOARD OF DIRECTORS WITH THEIR PROFESSIONAL AFFILIATIONS. ORGANIZATION'S INTERNAL REVENUE SERVICE EXEMPTION LETTER. BE SURE THE FEDERAL IDENTIFICATION NUMBER IS INCLUDED
    cAny submission deadlines:
    APPLICATION DEADLINE (POSTMARKED BY) GRANTMAKING MEETING DECEMBER 1 FEBRUARY APRIL 1 JUNE SEPTEMBER
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICATIONS ARE ACCEPTED FROM NONPROFIT 501(C)3 ORGANIZATIONS AND MUNICIPAL AND PUBLIC AGENCIES SERVING THE COMMUNITIES OF MANCHESTER AND AMHERST, NEW HAMPSHIRE. PRIORITY CONSIDERATION IS GIVEN TO ORGANIZATIONS OPERATING PRIMARILY IN THOSE TWO COMMUNITIES. HOWEVER, THE FOUNDATION WILL CONSIDER APPLICATIONS FROM STATEWIDE OR REGIONAL ORGANIZATIONS WHICH PROVIDE A SUBSTANTIAL AND DOCUMENTED LEVEL OF SERVICE TO MANCHESTER AND AMHERST. THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS OR PROVIDE SCHOLARSHIP AID. IT ALSO WILL NOT FUND PROGRAMS OR ACTIVITIES WHICH HAVE ALREADY TAKEN PLACE.
    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
    AMHERST TOWN LIBRARY
    14 MAIN STREET
    AMHERST,NH03031     		    PURCHASE COMPUTER EQUIP 10,000
    AVIATION MUSEUM OF NH
    27 NAVIGATOR ROAD
    LONDONDERRY,NH03053     		    EXPAND STEM BASED EDUC 5,000
    BETHANY CHRISTIAN SERVICES
    183 HIGH STREET
    CANDIA,NH03034     		    SUPPORT SAFE FAMILIES PGM 15,000
    BHUTANESE COMMUNITY OF NH
    510 CHESTNUT STREET 2
    MANCHESTER,NH03101     		    CASE MANAGEMENT PROGRAM 20,000
    BIG BROTHERS BIG SISTERS OF NH
    25 LOWELL STREET STE 201
    MANCHESTER,NH03101     		    E-TAPESTRY SOFTWARE 10,000
    BOYS AND GIRLS CLUB OF SOUHEGAN VAL
    56 MONT VERNON STREET
    MILFORD,NH03055     		    CAPITAL CAMPAIGN 30,000
    BREAKTHROUGH MANCHESTER
    2108 RIVER ROAD
    MANCHESTER,NH03104     		    MIDDLE SCHOOL PROGRAM 20,000
    CITY YEAR NH
    155 LOCUST STREET
    LACONIA,NH03820     		    SUPPOER INVOLVEMENT IN SCHOOLS 25,000
    DANIEL WEBSTER COUNCIL BSA
    517 HOLT AVENUE
    MANCHESTER,NH03109     		    CREATE CUB SCOUT PACK 5,280
    FAMILIES IN TRANSITION
    122 MARKET STREET
    MANCHESTER,NH03101     		    CONSTRUCTION SUPPORT 20,000
    GIRLS INC OF NH
    27 BURKE STREET
    NASHUA,NH03060     		    GIRLS PROGRAMMING 15,000
    GRANITE PATHWAYS
    2013 ELM STREET
    MANCHESTER,NH03104     		    STAFFING EXPANSION 20,000
    GRANITE UNITED WAY
    22 CONCORD STREET 2ND FL
    MANCHESTER,NH03101     		    CAREER READINESS 15,000
    HOPE FOR NH RECOVERY
    10 FERRY ST SUITE 307
    CONCORD,NH03301     		    RECOVERY COMMUNITY CTR 50,000
    INSTITUTE ON DISABILITY AT UNH
    56 OLD SUNCOOK RD STE 2
    CONCORD,NH03301     		    NH LEADERSHIP SERIES 15,000
    MAJESTIC THEATRE
    955 ELM STREET STE 315
    MANCHESTER,NH03101     		    OPERATIONAL SUPPORT 10,000
    MANCHESTER COMMUNITY HEALTH CENTER
    145 HOLLIS STREET
    MANCHESTER,NH03101     		    MERGER ASSISTANCE 32,955
    MANCHESTER COMMUNITY RESOURCE CENTE
    434 LAKE AVE
    MANCHESTER,NH03103     		    COMM. RESOURCE NAV SYSTEM 24,058
    MY TURN
    27 LOWELL STREET
    MANCHESTER,NH03101     		    WORK BASED LEARNING ACTIV 10,000
    NATURE CONSERVATORY OF NH
    22 BRIDGE STREET 4TH FLR
    CONCORD,NH03301     		    LAND PROTECTION 9,095
    NH CENTER FOR NONPROFITS
    84 SILK FARM ROAD STE 1
    CONCORD,NH03031     		    TECHNICAL ASSESSMENT SVCS 9,000
    NH MUSCULOSKELETAL INSTITUTE
    35 KOSCIUSZKO STREET
    MANCHESTER,NH03101     		    SAFE SPORTS NETWORK 10,000
    NH WOMEN'S FOUNDATION
    2 DELTA DRIVE
    CONCORD,NH03301     		    WORKING FAMILIES PGM 3,500
    PLANNED PARENTHOOD OF NNE
    18 LOW AVENUE
    CONCORD,NH03301     		    HEALTH CTR EXPANSION 30,000
    ROOTING FOR FAMILIES
    214 SPRUCE STREET
    MANCHESTER,NH03103     		    DEVELOP COMMUNITY GARDEN 10,740
    SEE SCIENCE CENTER
    200 BEDFORD STREET
    MANCHESTER,NH03101     		    21ST CENTURY TECHNO PROJ 11,550
    STORY PRESERVATION
    PO BOX 280
    ANDOVER,NH03216     		    DEVELOP EDUCATIONAL MTLS 7,500
    SYMPHONY NH
    6 CHURCH STREET
    NASHUA,NH03060     		    EXPAND EDUCATIONAL OUTREACH 4,870
    THE CAREGIVERS
    15 HARVEY ROAD
    BEDFORD,NH03110     		    WAREHOUSE EXPANSION 8,000
    US FIRST
    200 BEDFORD STREET
    MANCHESTER,NH03101     		    LEGO LEAGUE PROGAM 20,000
    VETERANS LAW PROJECT
    77 CENTRAL STREET
    MANCHESTER,NH03101     		    VETERANS LEGAL SUPPORT 10,000
    YWCA NH
    72 CONCORD STREET
    MANCHESTER,NH03101     		    DEVELOPMENT DIRECTOR 25,000
    THE YOUTH COUNCIL
    112 WEST PEARL ST
    NASHUA,NH03060     		    DEVELOPMENT DIRECTOR 3,886
    Total .................................bullet 3a 515,434
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 47,078  
    4 Dividends and interest from securities....     14 122,073 18,336
    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 ............     		        879,492
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aEXCISE TAX REFUNDED     		        1,210
    bMISCELLANEOUS     14 498  
    cFRACTIONAL SHS         3
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   169,649 899,041
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,068,690
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    NORWIN S AND ELIZABETH N BEAN
     
    FOUNDATION
    EIN:
    02-6013381
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VACHON CLUKAY & CO PC 11,000 2,200   8,800

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    NORWIN S AND ELIZABETH N BEAN
     
    FOUNDATION
    EIN:
    02-6013381
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FED HOME LOAN BK .25% 1/16/2015    
    FED HOME LOAN BANK .50% 9/28/2016    
    FED HOME LOAN BANK 5.375% 5/18/2016    
    FED HOME LOAN BANK 1.00% 6/21/2017    
    FED HOME LOAN BANK .375% 6/24/2016    
    FED HOME LOAN BANK .375% 8/28/2015    
    FED HOME LOAN BANK 4.875% 5/17/2017    
    DEUTSCHE BANK. NOTE DUE 6/13/2018    
    SOCIETE GENERALE NOTE DUE 6/13/2018    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    NORWIN S AND ELIZABETH N BEAN
     
    FOUNDATION
    EIN:
    02-6013381
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MFB FDS STK INDEX FD 1,587,978 1,590,547
    MFB NTRHRN INT'L EQ INDEX FND 1,282,591 1,289,770
    MFO BLACKROCK HIGH YLD BOND 1,106,465 1,097,301
    MFB NORTHERN FDS BD INDEX 916,500 914,757
    MFO CORE FIXED INDEX FUND 916,130 911,857
    MFO DELAWARE VALUE FND 804,849 796,818
    MFO HBR FD CAP APPREC 793,989 791,127
    MFO LOEVENER FDS INT'S EQ 641,296 635,351
    MFO DIMENSIONAL FD INT'L VALUE 641,295 649,397
    MFB MID CAP INDEX 549,682 551,779
    EMERG MKTS CORE EQUITY 427,531 428,074
    OPPENHEIMER DEV MKTS FDS 427,530 426,392
    MFO INVT DIMEN GROUP INC INT 427,525 431,879
    MFO DIMENS REAL ESTATE 427,518 431,554
    MFO US SMALL CAP PORTFOLIO 305,379 305,271
    MFC FLEXSH TIPS INDEX FUND 245,834 245,632
    MFO CREDIT SUISSE RET STR FND 183,260 187,417
    MFC FLEXSHS MORNINGS GLBL 178,610 173,550
    GS HEDGE FUND PARTNERS II PLCC CL B 17,604 10,389
    AMOSKEAG INDUSTRIES, INC 100 SHS 2,250 7,000
    GS DIRECT STRATEGIES QUANTITATIVE & 1 4,131
    GS HEDGE FUND PARTNERS PLC CL B SERI 1 25,717
    ABERDEEN ASSET MANAGEMENT PLC ADR 3    
    ACE LTD 110 SHS    
    ADVANCE AUTO PARTS 307 SHS    
    AETNA INC. 382 SHS    
    AFLAC INCORPORATED 561 SHS    
    ALLERGAN 311 SHS    
    AMERICAN INTL GROUP 2001 SHS    
    ANTHEM INC. 176 SHS    
    AON INC. 625 SHS    
    AMAZON COM INC 160 SHS    
    APACHE CORP 419 SHS    
    APPLE INC. 5609 SHS    
    APPLIED MATERIALS 700 SHS    
    ARM HOLDINGS PLC SPON ADR 193 SHS    
    ARTISAN INTERNATIONAL FD INV CL 17,    
    ASML HOLDING NV-UY REG SHS 113 SHS    
    BAIDU, INC. SPONSORED ADR 94 SHS    
    BAKER HUGHES INC 405 SHS    
    BANK OF NEW YORK MELLON CORP 710 SH    
    BAXTER INTERNATIONAL INC 558 SHS    
    BERKSHIRE HATHAWAY INC DEL - CLB 16    
    BLACKROCK INC. 135 SHS    
    BNP PARIBAS FTSE 100 INDEX 143,000 S    
    BNP PARIBAS LINKED TO INTL EQ BSKT    
    BOEING COMPANY 307 SHS    
    CANADIAN NATIONAL RAILWAY CO 143 SH    
    CANADIAN PACIFIC RY LTD 59 SHS    
    CARMAX INC. 825 SHS    
    CBRE GROUP INC. 1,250 SHS    
    CHECK POINT SOFTWARE TECH LTD 292 S    
    CHR HANSEN HOLDING SPON ADR 529 SHS    
    CHUBB CORPORATION 330 SHS    
    CHINA MOBIL LTD SPON ADR 820 SHS    
    CISCO SYSTEMS, INC. 1,120 SHS    
    COLGATE PALMOLIVE COMPANY 239 SHS    
    COCA COLA ENTERPRISES, INC 221 SHS    
    COGNIZANT TECHNOLOGY SOLUTIONS CORP    
    CORE LABORATORIES NV 65 SHS    
    CREDIT SUISSE LINKED TO EURO STOXX 5    
    CVS/CAREMARK CORP 471 SHS    
    DENSTPLY INTL. INC. 461 SHS    
    DISCOVERY COMMUNICATIONS INC 2,236    
    DOLLAR GENERAL CORPORATION 597 SHS    
    DOVER CORP. 552 SHS    
    EBAY INC. 827 SHS    
    EVEREST RE GROUP 257 SHS    
    FAMILY DOLLAR STORES INC. 225 SHS    
    FANUC LTD JAPAN ADR 276 SHS    
    FIRST EAGLE OVERSEAS DE 8,127 SHS    
    FEDERATED TAX FREE OBLIGATIONS FD 7    
    FIRST EAGLE US VALUE FD I 14,205 SH    
    FOSSIL GROUP, INC. 268 SHS    
    FRANKLIN INTERNATIONAL SMALL CAP GRO    
    FRANKLIN RESURCES LTD 1,766 SHS    
    GENTEX CORP 727 SHS    
    GENERAL MOTORS CORP 2,100 SHS    
    GLENCORE XSTRATA PLC ADR 5,800 SHS    
    GOLDMAN SACHS CONC GRWTH FUND CL A    
    GOLDMAN SACHS MLP ENERGY INFRASTRUCT    
    GOLDMAN SACHS LARGE CAP VALUE CL A    
    GOLDMAN SACHS SMALL CAP VALUE FUND -    
    GS HIGH YIELD FOATING RATE FUND 62,    
    GS STRATEGIC INCOME FD INSTITUTIONAL    
    INDIVIOR PLC SPON ADR 25 SHS    
    INDUSTRIA DE DISENO TEXTILE IND ADR    
    INTEL CORP 1,575 SHS    
    INTERCONTINENTAL HOTELS GROUP SPON A    
    JP MORGAN CHASE 1,100 SHS    
    JP MORGAN CHASE & CO - RUSSELL 2000    
    LVMH MOET HENNESSY LOUIS VUITTON SPO    
    MARKEL CORPORATION 34 SHS    
    MASTERCARD INCORPORATED 519 SHS    
    MICROSOFT CORP 1015 SHS    
    MOTOROLA SOLUTIONS INC 666 SHS    
    MSC INDUSTRIAL DIRECT CO INC. CL A    
    NASDAQ OMX GROUP INC. 620 SHS    
    NATIONAL OILWELL VARCO INC 650 SHS    
    NCR CORPORATION 768 SHS    
    NESTLE S.A. 133 SHS    
    NOVARTIS AG SPONSORED ADR 442 SHS    
    NOVO-NORDISK SPON ADR 227 SHS    
    NOVOZYMES AS ADR 212 SHS    
    ORACLE CORPORATION 3,051 SHS    
    PARKER HANNAFIN 346 SHS    
    PENN NATIONAL GAMING, INC 975 SHS    
    PERRIGO CO PLC 65 SHS    
    PORSCHE AUTOMOBILE HOLDINGS SE S PFD    
    RALPH LAUREN CORP CL A 315 SHS    
    RECKITT BENCKISER GROUP PLC 631 SH    
    SABRE CORPORATION 1,883 SHS    
    SALLY BEAUTY HOLDINGS INC 8741 SHS    
    SCHLUMBERGER LTD 435 SHS    
    SENSATA TECHNOLOGIES HOLDING NV 204    
    SGS SA ADR 427 SHS    
    SHOPRITE HOLDINGS LTD SPON AR 322 S    
    SPDR S&P BANK ETF 3,720 SHS    
    SWATCH GROUP SA ADR 214 SHS    
    STARWOOD HOTELS & RESORTS WORLDWIDE    
    STATE STREET CORP 436 SHS    
    SUN ART RETAIL GROUP LTD ADR 564 SH    
    SVENSKA CELLULOSA AB SPON ADR 319 S    
    SYSMEX CORP ADR 239 SHS    
    TARGET CORP 627 SHS    
    TAIWAN SEMICONDUCTOR MFG LTD 703 HS    
    TENCENT HOLDINGS LTD ADR 671 SHS    
    T ROWE PRICE GROUP, INC 331 SHS    
    TIME WARNER INC 135 SHS    
    TFFANY & CO 225 SHS    
    UNILEVER NV NY SHS ADR 569 SHS    
    VERIZON COMMUNICATIONS 651 SHS    
    VISA INC 385 SHS    
    WALT DISNEY COMPANY 301 SHS    
    WAL-MART DE MEXICO SA SPON ADR 206    
    WATERS CORPORATION 97 SHS    
    WELLS FARGO 1,275 SHS    
    YANDEX NV 222 SHS    

    TY 2015 OtherAssetsSchedule
    Name:
    NORWIN S AND ELIZABETH N BEAN
     
    FOUNDATION
    EIN:
    02-6013381
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    NOTE RECEIVABLE NH COMMUNITY LOAN 250,000 250,000 250,000


    TY 2015 OtherExpensesSchedule
    Name:
    NORWIN S AND ELIZABETH N BEAN
     
    FOUNDATION
    EIN:
    02-6013381
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    TRUSTEE INSURANCE & BONDING 3,393 678   2,715
    TRUSTEE EXPENSES 3,264 653   2,611
    WEB SERVICES & INTERNET 2,457 491   1,966
    MEMBERSHIPS 1,350 270   1,080
    MISCELLANEOUS 83 17   66


    TY 2015 OtherIncomeSchedule2
    Name:
    NORWIN S AND ELIZABETH N BEAN
     
    FOUNDATION
    EIN:
    02-6013381
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EXCISE TAX REFUNDED 1,210   1,210
    MISCELLANEOUS 498   498
    FRACTIONAL SHS 3   3


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    NORWIN S AND ELIZABETH N BEAN
     
    FOUNDATION
    EIN:
    02-6013381
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MCLANE, GRAF, RAULERSON & MIDDLE 28,700 5,740   22,960
    GRANT MANAGER & EXPENSES 33,493 6,699   26,794
    GOLDMAN SACHS MGMT FEES 106,477 79,585 79,585 26,619


    TY 2015 TaxesSchedule
    Name:
    NORWIN S AND ELIZABETH N BEAN
     
    FOUNDATION
    EIN:
    02-6013381
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX ON DIVIDENDS 2,978 595 595 2,383
    EXCISE TAXES 26,839 5,368 5,368 21,471