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 10-01-2015 , and ending 09-30-2016
Name of foundation
WHITEHALL FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)POST OFFICE BOX 3423
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33480
A Employer identification number

13-5637595
B Telephone number (see instructions)

(561) 655-4474
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$107,610,282J 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 2,248 2,248  
4 Dividends and interest from securities... 2,183,920 2,183,920  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,646,939
b Gross sales price for all assets on line 6a 19,666,868
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 13,994 13,994  
12 Total. Add lines 1 through 11........ 553,223 2,200,162  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 170,000 127,500   42,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 15,415 11,561   3,854
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 108,402 27,101   81,302
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 37,299 7,359   2,453
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 59,935 0   59,935
21 Travel, conferences, and meetings....... 25,493 0   25,493
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 705,241 617,741   87,501
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,121,785 791,262   303,038
25 Contributions, gifts, grants paid....... 4,757,979 4,757,979
26 Total expenses and disbursements. Add lines 24 and 25 5,879,764 791,262   5,061,017
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,326,541
b Net investment income (if negative, enter -0-) 1,408,900
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,312,694 2,817,023 2,817,023
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)....... 70,758,338 Click to see attachment63,531,838 64,646,991
c Investments—corporate bonds (attach schedule)....... 20,108,753 Click to see attachment21,998,772 21,784,688
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 18,469,473 Click to see attachment17,932,530 18,361,580
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 111,649,258 106,280,163 107,610,282
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) Click to see attachment11,694 Click to see attachment-30,860
23 Total liabilities (add lines 17 through 22)......... 11,694 -30,860
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........ 115,030,714 109,704,173
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -3,393,150 -3,393,150
30 Total net assets or fund balances (see instructions)..... 111,637,564 106,311,023
31 Total liabilities and net assets/fund balances (see instructions). 111,649,258 106,280,163
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
111,637,564
2
Enter amount from Part I, line 27a .....................
2
-5,326,541
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
106,311,023
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
106,311,023
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 SEE STATEMENT P 2015-03-31 2016-03-31
b INVESTMENT LOSS P 2015-03-31 2016-03-31
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 19,666,868   20,870,110 -1,203,242
b     443,697 -443,697
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -1,203,242
b       -443,697
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,646,939
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 5,702,371 113,818,567 0.050101
2013 5,584,862 114,887,812 0.048611
2012 5,246,636 108,489,932 0.048361
2011 4,839,791 102,883,886 0.047041
2010 4,736,020 98,609,258 0.048028
2
Total of line 1, column (d) .....................
20.242142
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
0.048428
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
104,724,604
5
Multiply line 4 by line 3......................
5
5,071,603
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,089
7
Add lines 5 and 6........................
7
5,085,692
8
Enter qualifying distributions from Part XII, line 4.............
8
5,061,017
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 28,178
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 28,178
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 28,178
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 56,900
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 56,900
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 28,722
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet28,722 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ, FL
    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.WHITEHALL.ORG
    14
    The books are in care ofbulletGEORGE MOFFETT Telephone no.bullet (561) 655-4474

    Located atbulletPO BOX 3423PALM BEACHFL ZIP+4bullet33480
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    GEORGE M MOFFETT II PRESIDENT/TREASURER
    40.00     		170,000 7,500 0
    PO BOX 3423
    PALM BEACH,FL33480
    J WRIGHT RUMBOUGH VICE PRESIDENT/TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    CATHERINE M THOMAS CORPORATE SECRETARY/ASST.
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    MR KENNETH S BEALL JR ESQ TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    JAMES R LOWELL III TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    MR E ANTHONY NEWTON TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    DEBORAH S GIBBONS-NEFF TRUSTEE
    0.00     		0 0 0
    PO BOX 3423
    PALM BEACH,FL33480
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NONE 0
    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 NONE 0
    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
    104,589,635
    b
    Average of monthly cash balances.......................
    1b
    1,729,760
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    106,319,395
    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
    106,319,395
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,594,791
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    104,724,604
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,236,230
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    5,236,230
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    28,178
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    28,178
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,208,052
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,208,052
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    5,208,052
    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
    5,061,017
    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
    5,061,017
    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
    5,061,017
    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 5,208,052
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013...... 85,045
    e From 2014...... 466,609
    fTotal of lines 3a through e........ 551,654
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 5,061,017
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 5,061,017
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 147,035 147,035
    (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 5 404,619
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		404,619
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 404,619
    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:
    GEORGE MOFFETT
    P O BOX 3423
    PALM BEACH,FL33480
    (561) 655-4474
    bThe form in which applications should be submitted and information and materials they should include:
    TWO PAGE SUMMARY OUTLINING THE STUDY
    cAny submission deadlines:
    DECEMBER 1, MARCH 1, AND SEPTEMBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FOR BASIC BIOLOGICAL RESEARCH, AGRI-BUSINESS STUDIES AND NEUROBIOLOGY
    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
    ANIMAL LOVERS LEAGUE
    40 SHORE ROAD
    GLEN COVE,NY11542     		NONE 501(C)(3) GENERAL PURPOSE 1,500
    ASSISTANCE LEAGUE MINNEAOPLIS
    6416 PENN AVE SOUTH
    MINNEAPOLIS,MN55423     		NONE 501(C)(3) BIOLOGICAL RESEARCH 500
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		NONE 501(C)(3) BIOLOGICAL RESEARCH 1,000
    BAYLOR COLLEGE OF MEDICINE
    BCM 310
    HOUSTON,TX77030     		NONE 501(C)(3) GENERAL FUND 75,000
    BEAVER COUNTRY DAY SCHOOL
    791 HAMMOND STREET
    CHESTNUT HILL,MA02467     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    BLUE HILL MEMORIAL HOSPITAL
    PO BOX 1029
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    BLUE HILL PUBLIC LIBARY
    5 PARKER POINT ROAD
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    BOSTON UNIVERSITY
    ONE SIBER WAY
    BOSTON,MA02215     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    BRANDEIS UNIVERSITY
    415 SOUTH STREET
    WALTHAM,MA02453     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    BROWN LEDGE CAMP
    25 WILSON STREET
    BURLINGTON,VT05401     		NONE 501(C)(3) GENERAL PURPOSE 500
    BROWN UNIVERSITY
    69 BROWN ST BOX 1822
    PROVIDENCE,RI02912     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    CALIFORNIA STATE POLYTECHNIC UNIVERSITY
    1 GRAND AVE
    SAN LUIS OBISPO,CA93407     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    CAPE ELEUTHERA MARINE CONSERVATION
    PO BOX 6008
    LAWRENCEVILLE,NJ08648     		NONE 501(C)(3) GENERAL PURPOSE 4,500
    CHILDREN'S HOSPITAL BOSTON
    300 LONGWOOD AVE
    BOSTON,MA02215     		NONE 501(C)(3) BIOLOGICAL RESEARCH 20,000
    CITY UNIVERSITY OF NEW YORK FLUSHING
    65-30 KISSENA BLVD
    QUEENS,NY11367     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    CLEMSON UNIVERSITY
    CALHOUN DR
    CLEMSON,SC29634     		NONE 501(C)(3) BIOLOGICAL RESEARCH 70,000
    CMSKIDS WHO CARE PROGRAM
    100 ACADEMIC WAY
    STRATHAM,NH03885     		NONE 501(C)(3) GENERAL PURPOSE 500
    COLD SPRING HARBOUR LABORATORY
    PO BOX 100 ONE BUNGTOWN ROAD
    COLD SPRING HARBOR,NY11724     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    COLUMBIA UNIVERSITY
    630 WEST 168TH STREET
    NEW YORK,NY10032     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    COMMUNITY FOUNDATION FOR PALM BEACH
    700 S DIXIE HIGHWAY
    WEST PALM,FL33401     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    CONNECTICUT COLLEGE
    270 MOHEGAN AVE
    NEW LONDON,CT06320     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    CONVENT OF THE VISITATION SCHOOL
    2455 VISITATION DR
    MENDOTA HEIGHTS,MN55120     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    CORINTHIAN SAILING FOUNDATION
    1 NAHANT STREET
    MARBLEHEAD,MA01945     		NONE 501(C)(3) GENERAL PURPOSE 6,000
    CORNELL UNIVERSITY
    BURKE-CORNELL MEDICAL RESEARCH
    WHITE PLANS,NY10605     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    DARTMOUTH COLLEGE HANOVER
    7 LEBANON STREET SUITE 302 NO 6015
    HANOVER,NH03755     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    DENISON UNIVERSITY
    PO BOX 810
    GRANVILLE,OH43023     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    DUKE UNIVERSITY
    2200 W MAIN STREET
    DURHAM,NC27705     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    EMHS FOUNDATION
    1 CUMBERLAND STREET 300
    BANGOR,ME04401     		NONE 501(C)(3) BIOLOGICAL RESEARCH 1,000
    EXETER YOUTH LACROSSE ASSOCIATION
    GRANITE FIELDS
    KINGSTON,NH03833     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    FLAGLER MUSEUM
    ONE WHITEHALL WAY
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    FRIENDS OF BOSTON UNIVERSITY TERRIER HOCKEY
    AGGANIS ARENA 925 COMMONWEALTH AVE
    BOSTON,MA02215     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    FRIENDS OF DANA FARBER CANCER INSTITUTE
    450 BROOKLINE AVENUE
    BOSTON,MA02215     		NONE 501(C)(3) GENERAL PURPOSE 1,500
    GEORGE STEVENS ACADEMY
    23 UNION STREET
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    UNUSED GRANTS FROM GEORGIA REGENTS UNIVERSITY
    1120 15TH ST
    AUGUSTA,GA30912     		NONE 501(C)(3) BIOLOGICAL RESEARCH -36,521
    GLENWOOD VOLUNTEER FIRE DEPARTMENT
    SCHOOL HOUSE ROAD PO BOX 388
    GLENWOOD LANDING,NY11547     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    GREEN MOUNTAIN HORSE ASSOCIATION
    PO BOX 8
    SOUTH WOODSTOCK,VT05071     		NONE 501(C)(3) GENERAL PURPOSE 500
    GULF STREAM COUNCIL BOY SCOUTS OF AMERICA
    8335 NORTH MILITARY TRAIL
    PALM BEACH GARDENS,FL33410     		NONE 501(C)(3) GENERAL PURPOSE 500
    HARVARD COLLEGE FUND CLASS OF 1958
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    HARVARD UNIVERSITY
    PO BOX 414413
    BOSTON,MA02241     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    HARVARD UNIVERSITY
    PO BOX 414413
    BOSTON,MA02241     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    HARVARD UNIVERSITY
    PO BOX 414413
    BOSTON,MA02241     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    HOSPICE FOUNDATION OF PALM BEACH COUNTY
    5300 EAST AVENUE
    WEST PALM BEACH,FL33407     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    INDEPENDENCE SEAPORT MUSEUM
    211 SOUTH COLUMBUS BLVD WALNUT
    STREET
    PHILADELPHIA,PA19106     		NONE 501(C)(3) GENERAL PURPOSE 5,000
    INDIAN RIVER ROWING CLUB INC
    17 17TH ST
    VERO BEACH,FL32960     		NONE 501(C)(3) GENERAL PURPOSE 500
    INTERNATIONAL GAME FISH ASSOCIATION
    300 GULF STREAM WAY
    DANIA BEACH,FL33004     		NONE 501(C)(3) GENERAL PURPOSE 500
    JOHNS HOPKINS UNIVERSITY
    733 NORTH BROADWAY
    BALTIMORE,MD21205     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    JOHNS HOPKINS UNIVERSITY
    733 NORTH BROADWAY
    BALTIMORE,MD21205     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    KEENE VALLEY HOSE AND LADDER CO
    PO BOX 699
    KEENE VALLEY,NY12943     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    KNEISEL HALL
    PO BOX 648
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    LAFAYETTE COLLEGE
    730 HIGH STREET
    EASTON,PA18042     		NONE 501(C)(3) BIOLOGICAL RESEARCH 72,000
    LAKE FOREST COLLEGE
    OFFICE OF ALUMNI AND DEVELOPMENT
    555 NORTH SHERIDAN ROAD
    LAKE FOREST,IL60045     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    LEHIGH UNIVERSITY
    27 MEMORIAL DR
    BETHLEHEM,PA18015     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MAINE AUDUBON - DOWNEAST CHAPTER
    PO BOX 1212
    ELSWORTH,ME04605     		NONE 501(C)(3) BIOLOGICAL RESEARCH 1,000
    MARINE CORPS SCHOLARSHIP FOUNDATION
    121 SOUTH ST ASAPH
    ALEXANDRIA,VA22314     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    MARQUETTE UNIVERSITY
    1250 WEST WISCONSIN AVE
    MILWAUKEE,WI53233     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MARTIN COUNTY HIGH SCHOOL
    2801 SOUTH KANNER HIGHWAY
    STUART,FL34994     		NONE 501(C)(3) GENERAL PURPOSE 500
    MARY E BARTLETT LIBRARY
    ATTN MS MARILYN MOREHEAD 22 DALTON
    ROAD
    BRENTWOOD,NH03833     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    MASSACHUSETTS INTITUTE OF TECHNOLOGY
    NE 18-901
    CAMBRIDGE,MA02139     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MASSCHUSETTS INTITUTE OF TECHNOLOGY
    NE 18-901
    CAMBRIDGE,MA02139     		NONE 501(C)(3) BIOLOGICAL RESEARCH 20,000
    MASSCHUSETTS INTITUTE OF TECHNOLOGY
    NE 18-901
    CAMBRIDGE,MA02139     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MAX PLANCK FLORIDA INSTITUTE
    1 MAX PLANCK WAY
    JUPITER,FL33458     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    MIDDLEBURY REGIONAL EMS
    55 COLLINS DRIVE
    MIDDLEBURY,VT05753     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    MIDDLESEX SCHOOL
    1400 LOWELL ROAD
    CONCORD,MA01742     		NONE 501(C)(3) GENERAL PURPOSE 3,000
    MISS PORTERS SCHOOL
    GIFTS ADMINISTRATOR 60 MAIN
    FARMINGTON,CT06032     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    MONTANA STATE UNIVERSITY
    309 MONTANA HALL
    BOSEMAN,MT59717     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    NAVAL ACADEMY ATHLETIC ASSOCIATION
    566 BROWSON RD
    ANNAPOLIS,MD21402     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    NEW YORK SCHOOL OF MEDICINE
    ATTN SABRINA KIPPUR 1 PARK AVENUE
    NEW YORK,NY10016     		NONE 501(C)(3) GENERAL PURPOSE 500
    NEW YORK UNIVERSITY
    SCHOOL OF MEDICINE
    NEW YORK,NY10016     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    NEW YORK UNIVERSITY
    SCHOOL OF MEDICINE
    NEW YORK,NY10016     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    NINEVAH FOUNDATION
    PO BOX 15
    MOUNT HOLLY,VT05758     		NONE 501(C)(3) GENERAL PURPOSE 500
    NORTH SHORE LAND ALLIANCE INC
    ATTN DIRECTOR 151 POST ROAD
    OLD WESTBURY,NY11568     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    NORTHEASTERN UNIVERSITY
    360 HUNTINGTON AVE
    BOSTON,MA02215     		NONE 501(C)(3) BIOLOGICAL RESEARCH 33,500
    NORTHSHORE LIJ HOSPITAL AT GLEN COVE
    ATTN DIRECTOR SAINT ANDREWS LANE
    GLEN COVE,NY11542     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    OREGON HEALTH SERVICES UNIVERSITY
    2525 SW 1ST AVENUE
    PORTLAND,OR97201     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    OREGON HEALTH SERVICES UNIVERSITY
    2525 SW 1ST AVENUE
    PORTLAND,OR97201     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    PALM BEACH CIVIC ASSOCIATION
    139 NORTH COUNTY ROAD
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    PALM BEACH DAY ACADEMY
    ATTN HEADMASTER 241 SEAVIEW AVENUE
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    PALM BEACH FIRE RESCUE
    300 NORTH COUNTY ROAD
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    PENINSULA AMBULANCE CORPS INC
    ATTN DIRECTOR PO BOX 834
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    PILGRIM UNITED CHURCH OF CHRIST
    ATTN BETTY LOU ORCUTT 416 MIDDLE
    ROAD
    BRENTWOOD,NH03833     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    PLANNED PARENTHOOD OF NASSAU COUNTY
    ATTN DIRECTOR 540 FULTON AVENUE
    HEMPSTEAD,NY11550     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    PURDUE UNIVERSITY
    HOVDE HALL
    WEST LAFAYETTE,ID47907     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    ROCKEFELLER UNIVERSITY NEW YORK
    1230 YORK AVE
    NEW YORK CITY,NY10065     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    RUTGERS UNIVERSITY NEWARK
    249 UNIVERSITY AVENUE
    NEWARK,NJ07102     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    RUTGERS UNIVERSITY PISCATAWAY
    84 JOYCE KILMER AVE
    PISCATAWAY,NJ08854     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    SAINT FRANCIS BY THE SEA EPISCOPAL CHURCH
    ATTN TREASURER PO BOX 76
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    SAINT PETERS CATHOLIC CHURCH
    1701 INDIAN CREEK PKWY
    JUPITER,FL33458     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    SALK INSTITUTE FOR BIOLOGICAL STUDIES
    10010 NORTH TORREY PINES ROAD
    LA JOLLA,CA92037     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    SANDWICH FOOD PANTRY
    331 COTUIT RD
    SANDWICH,MA02563     		NONE 501(C)(3) GENERAL PURPOSE 500
    SANDWICH LEGACY FOUNDATION
    PO BOX 744
    SANDWICH,MA025630744     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    SCRIPPS RESEARCH INSTITUTE
    10550 NORTH TORREY PINES ROAD
    LA JOLLA,CA92037     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    SEACOAST FAMILY PROMISE
    ATTN PATTI FREW-WATERS NETWORK
    DIRECTOR PO BOX 233
    STRATHAM,NH03885     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    SEAGULL SERVICES
    8790 SW 132 STREET
    MIAMI,FL33176     		NONE 501(C)(3) GENERAL PURPOSE 500
    SITESALIVE FOUNDATION
    ATTN RICHARD WILSON PRESIDENT 8
    SKINNERS PATH
    MARBLEHEAD,MA01945     		NONE 501(C)(3) GENERAL PURPOSE 2,000
    SPRINGSIDE CHESTNUT HILL ACADEMY
    500 W WILLOW GROVE AVE
    PHILADELPHIA,PA19118     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    ST DAVIDS EPISCOPAL CHURCH
    763 SOUTH VALLEY FORGE ROAD
    WAYNE,PA19087     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    ST JOHN'S EPISCOPAL CHURCH
    810 WASHINGTON AVE
    LAKE WORTH,FL33460     		NONE 501(C)(3) GENERAL PURPOSE 500
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    STANFORD UNIVERSITY
    326 GALVEZ STREET
    STANFORD,CA94305     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    STATE UNIVERSITY OF NEW YORK ALBANY
    353 BROADWAY
    ALBANY,NY12246     		NONE 501(C)(3) BIOLOGICAL RESEARCH 25,000
    STATE UNIVERSITY OF NEW YORK STONY BROOK
    STONY BROOK UNIVERSITY
    STONY BROOK,NY11794     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    THE CHURCH OF BETHESDA-BY-THE-SEA
    PO BOX 1057
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 500
    THE LAWNRENCEVILLE SCHOOL
    ATTN DEVELOPMENT DIRECTOR PO BOX
    6008
    LAWRENCEVILLE,NJ08648     		NONE 501(C)(3) GENERAL PURPOSE 3,000
    THE MARGAUX POWERS MEMORIAL
    THE TAFT SCHOOL ATTN CHRISTOPHER R
    110
    WATERTOWN,CT06795     		NONE 501(C)(3) GENERAL PURPOSE 3,500
    THE NAN PROJECT
    186 BEDFORD STREET
    LEXINGTON,KY02420     		NONE 501(C)(3) GENERAL PURPOSE 500
    THE PILOT SCHOOL
    100 GARDEN OF EDEN ROAD TALLEYVILLE
    WILMINGTON,DE19803     		NONE 501(C)(3) GENERAL PURPOSE 3,000
    THE TAFT SCHOOL
    110 WOODBURY ROAD
    WATERTOWN,CT06795     		NONE 501(C)(3) BIOLOGICAL RESEARCH 500
    TOWN OF PALM BEACH UNITED WAY INC
    44 COCONUT ROW M201
    PALM BEACH,FL33480     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    TREE OF LIFE FOOD PANTRY
    23 SOUTH ST
    BLUE HILL,ME04614     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    TROUT UNLIMITED
    ATTN WHIT FOSBURGH 1300 NORTH 17TH
    STREET
    ARLINGTON,VA22209     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    TUCSON JEWISH COMMUNITY CENTER
    ERIN SHOENBERG 3800 EAST RIVER
    DRIVE
    TUCSON,AZ85718     		NONE 501(C)(3) GENERAL PURPOSE 500
    UNITED WAY OF ADDISON COUNTY
    ATTN DIRECTOR PO BOX 555
    MIDDLEBURY,VT05753     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    UNIVERSITY OF CALIFORNIA BERKELEY
    2200 UNIVERSITY AVE
    BERKELEY,CA94704     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF CALIFORNIA DAVIS
    1 SHIELDS AVE
    DAVIS,CA95616     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF CALIFORNIA DAVIS
    1 SHIELDS AVE
    DAVIS,CA95616     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF CALIFORNIA LOS ANGELES
    11000 KINROSS AVENUE
    LOS ANGELES,CA90024     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF CALIFORNIA SAN DIEGO
    9500 GILMAN DRIVE
    LA JOLLA,CA92093     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF CALIFORNIA SAN DIEGO
    9500 GILMAN DRIVE
    LA JOLLA,CA92093     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF ILLINOIS URBANA-CHAM
    901 WEST ILLINOIS STREET
    URBANA,IL61801     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF IOWA
    UNIVERSITY OF IOWA
    IOWA CITY,IA52242     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF MARYLAND BALTIMORE
    620 W LEXINGTON ST
    BALTIMORE,MD21201     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF MARYLAND COLLEGE PARK
    1101 MAIN ADMINISTRATION BUILDING
    COLLEGE PARK,MD20742     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF MICHIGAN
    FLEMING ADMINISTRATION BUILDING
    ANN ARBOR,MI48109     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF NORTH CAROLINA CHAPEL HILL
    104 AIRPORT DR STE 3200
    CHAPEL HILL,NC27599     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF OREGON
    1585 E 13TH AVE
    EUGENE,OR97403     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF PENNSYLVANIA
    433 FRANKLIN BUILDING 3451 WALNUT
    STREET
    PHILADELPHIA,PA19104     		NONE 501(C)(3) BIOLOGICAL RESEARCH 2,500
    UNIVERSITY OF PENNSYLVANIA
    433 FRANKLIN BUILDING 3451 WALNUT
    STREET
    PHILADELPHIA,PA19104     		NONE 501(C)(3) GENERAL PURPOSE 75,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    837 W DOWNEY WAY
    LOS ANGELES,CA90089     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    3551 TROUSDALE PARKWAY STE 160
    LOS ANGELES,CA90089     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF TEXAS AUSTIN
    110 INNER CAMPUS DR
    AUSTIN,TX78712     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF UTAH
    75 SOUTH 2000 EAST
    SALT LAKE CITY,UT84112     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF WISCONSIN MADISON
    702 WEST JOHNSON STREET
    MADISON,WI537151007     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    UNIVERSITY OF WISCONSIN MADISON
    702 WEST JOHNSON STREET
    MADISON,WI537151007     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    VIRGINIA POLYTECHNIC INSTITUTE
    222 BURRUSS HALL
    BLACKSBURG,VA24061     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    WASHINGTON AND LEE UNIVERSITY
    ATTN DIRECTOR OF CORPORATE 204 W
    WASHINGTON ST
    LEXINGTON,VA24450     		NONE 501(C)(3) GENERAL PURPOSE 4,500
    WE CAN CENTER
    783 ROUTE 28
    HARWICH PORT,MA02646     		NONE 501(C)(3) GENERAL PURPOSE 500
    WESLEYAN UNIVERSITY
    45 WYLLYS AVE
    MIDDLETOWN,CT06459     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    WILLIAM STURGIS FRIENDS OF EDUCATION FOUNDATION
    427 MAIN ST
    HYANNIS,MA02601     		NONE 501(C)(3) GENERAL PURPOSE 4,000
    WOODS HOLE OCEANOGRAPHIC INSTITUTE
    ATTN DIRECTOR OF FENNO HOUSE MS 40
    WOODS HOLE,MA02543     		NONE 501(C)(3) GENERAL PURPOSE 1,000
    YALE UNIVERSITY
    PO BOX 208250
    NEW HAVEN,CT06508     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    YALE UNIVERSITY
    PO BOX 208250
    NEW HAVEN,CT06508     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    YALE UNIVERSITY
    PO BOX 208250
    NEW HAVEN,CT06508     		NONE 501(C)(3) BIOLOGICAL RESEARCH 75,000
    YALE UNIVERSITY
    PO BOX 1844 ATTN DIRECTOR OF GIVING
    NEW HAVEN,CT06508     		NONE 501(C)(3) GENERAL PURPOSE 20,000
    YALE UNIVERSITY
    PO BOX 208250
    NEW HAVEN,CT06508     		NONE 501(C)(3) BIOLOGICAL RESEARCH 1,000
    Total .................................bullet 3a 4,757,979
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 2,248  
    4 Dividends and interest from securities....     14 2,183,920  
    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.....     18 13,994  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 -1,646,939  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 553,223 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13553,223
    (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:
    WHITEHALL FOUNDATION INC
    EIN:
    13-5637595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 108,402 27,101   81,302

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN:
    13-5637595
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME SECURITIES 21,998,772 21,784,688

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN:
    13-5637595
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 174,119 211,476
    ABERDEEN ASIA-PAC XJ-INST 0 0
    ACCENTURE PLC-CL A 227,078 345,130
    ACTIVISION BLIZZARD INC 115,821 221,500
    AETNA INC 79,499 115,450
    AMERICAN EXPRESS CO 260,807 190,519
    AMERISOURCEBERGEN CORP 256,048 260,516
    APPLE INC. 198,319 226,665
    ASTON/FAIRPOINTE MID CAP-I 3,160,000 2,671,742
    BANK OF NEW YORK MELLON CORP 239,851 247,256
    BERKSHIRE HATHAWAY INC DEL CL B 645,743 687,677
    BLOOMIN' BRANDS INC 113,083 108,612
    BOEING CO 128,562 131,740
    CABOT OIL & GAS CORP 0 0
    CARDINAL HEALTH INC 227,474 240,870
    CHUBB LTD 119,452 119,368
    CISCO SYSTEMS INC 236,541 269,620
    COMCAST CORP 328,124 393,065
    COMERICA INC 0 0
    CSX CORP 111,265 109,800
    DANONE 118,735 123,255
    DEUTSCHE X-TRACKERS MSCI EUROPE 5,659,113 5,727,469
    DEUTSCHE X-TRACKERS MSCI JAPAN 2,099,551 2,207,228
    DEVON ENERGY CORP 383,702 247,016
    DODGE & COX INTL STOCK FUND 5,000,000 4,174,344
    DOLLAR GENERAL CORP 351,716 334,202
    E M C CORP MASS 0 0
    EBAY INC 235,841 315,840
    EBAY INC 56,711 85,540
    EXPEDITORS INTERNATIONAL 222,965 276,920
    GOLDMAN SACHS GROUP INC 336,332 298,350
    GOOGLE INC CLASS C 209,233 295,370
    HCA HOLDINGS INC 266,417 287,394
    HENRY SCHEIN INC 90,268 122,235
    HILL-ROM HOLDINGS, INC 109,910 154,950
    HONEYWELL INTERNATIONAL INC 166,708 198,203
    HYATT HOTELS CORP - CL A 0 0
    INTERCONTINENTAL EXCHANGE, INC 208,479 296,296
    ISHARES CORE S&P MID-CAP ETF 4,553,253 4,884,194
    ISHARES MSCI ALL COUNTRY ASIA 1,088,500 1,210,400
    ISHARES TR 2,473,291 2,300,509
    JP MORGAN CHASE & CO 243,056 249,713
    JP MORGAN CHASE & CO 190,000 332,950
    JPM US LARGE CAP CORE PLUS FD - SEL 7,767,821 7,392,161
    LEVEL 3 COMMUNICATIONS INC 158,047 149,576
    LLERGAN PLC 205,849 193,460
    MATTHEWS ASIA DIVIDEND-INST 3,300,000 3,558,928
    METHANEX CORP 126,080 103,472
    MICROSOFT CORP 120,944 277,920
    MONDELEZ INTERNATIONAL-W/I 79,742 136,090
    MOTOROLA SOLUTIONS INC 289,967 350,888
    NATIONAL FUEL GAS CO 0 0
    NCR CORP 145,198 177,045
    NESTLE S A 242,441 248,913
    NEUBERGER BER GR CHINA EQ-IS 1,000,000 1,161,386
    OAKMARK INTERNATIONAL FD-I 4,651,589 3,941,411
    OG RESOURCES INC 186,536 217,598
    OMNICOM GROUP INC 231,750 272,000
    OMNICOM GROUP INC 64,809 76,500
    P SCHWAB CHARLES CORP 150,517 186,263
    PACCAR INC 270,431 252,754
    PAYPAL HOLDINGS INC-W/I 168,653 204,850
    PFIZER INC 123,422 257,412
    PITNEY-BOWES INC 0 0
    POTASH CORP SASKATCHEWAN INC 483,923 245,616
    PROCTER & GAMBLE CO 0 0
    PROGRESSIVE CORP OHIO 178,971 224,438
    RAYTHEON CO 41,895 204,195
    ROCKWELL AUTOMATION INC 158,926 174,335
    ROSS STORES INC 131,714 247,555
    SCHLUMBERGER LTD 678,509 526,888
    SCOTTS MIRACLE-GRO COMPANY 65,973 91,597
    SEALED AIR CORP 180,367 229,100
    SPDR S&P 500 ETF TRUST 6,291,270 6,951,882
    STANLEY BLACK & DECKER,INC. 388,806 501,144
    SYMANTEC CORP 178,018 230,920
    TE CONNECTIVITY LTD 266,258 270,396
    TRIBUTARY SMALL CO-INST PLUS 1,106,170 1,209,135
    TWENTY FIRST CENTY FOX INC - A 345,537 260,971
    TWENTY FIRST CENTY FOX INC - B 235,343 210,290
    UNILEVER PLC 177,083 193,155
    UNITEDHEALTH GROUP INC 191,309 322,000
    US FOODS HOLDING CORP 172,890 165,270
    VANGUARD FTSE EMERGING MARKE 2,289,513 2,556,093
    VIRTUS EMERGING MKTS OPPOR-I 0 0
    WELLS FARGO & CO 0 0
    WISDOMTREE JAPAN HEDGED EQUITY FUND 0 0

    TY 2015 InvestmentsOtherSchedule2
    Name:
    WHITEHALL FOUNDATION INC
    EIN:
    13-5637595
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE ASSETS AT COST 17,932,530 18,361,580

    TY 2015 OtherExpensesSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN:
    13-5637595
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 3,083 771   2,312
    OFFICE EXPENSE 18,508 4,627   13,881
    TELEPHONE 7,661 1,915   5,746
    POSTAGE 2,082 521   1,562
    SCIENTIFIC ADVISOR 64,000 0   64,000
    MANAGEMENT FEES 609,907 609,907   0


    TY 2015 OtherIncomeSchedule2
    Name:
    WHITEHALL FOUNDATION INC
    EIN:
    13-5637595
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 13,994 13,994 13,994


    TY 2015 OtherLiabilitiesSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN:
    13-5637595
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL EXCISE TAX PAYABLE 11,694 -30,860


    TY 2015 TaxesSchedule
    Name:
    WHITEHALL FOUNDATION INC
    EIN:
    13-5637595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 27,487 0   0
    PAYROLL TAXES 9,812 7,359   2,453