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 07-01-2015 , and ending 06-30-2016
Name of foundation
GREAT MOUNTAIN FOREST CORPORATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 CANAAN MOUNTAIN ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FALLS VILLAGE, CT06031
A Employer identification number

13-2998991
B Telephone number (see instructions)

(860) 824-8188
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$9,767,019J 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) 269,312
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 20 20 20
4 Dividends and interest from securities... 44,216 44,216 44,216
5a Gross rents............ 5,040 5,040 5,040
b Net rental income or (loss) 5,040
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 100,519
b Gross sales price for all assets on line 6a 487,921
7 Capital gain net income (from Part IV, line 2)... 7,269
8 Net short-term capital gain......... 4,752
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 196,307   196,307
12 Total. Add lines 1 through 11........ 615,414 56,545 250,335
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,162     21,162
14 Other employee salaries and wages...... 201,280     201,280
15 Pension plans, employee benefits....... 52,436     52,436
16a Legal fees (attach schedule)......... Click to see attachment 3,163   3,163  
b Accounting fees (attach schedule)....... Click to see attachment 5,000   5,000  
c Other professional fees (attach schedule).... Click to see attachment 26,098 26,098 26,098  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,155 5,155 5,155  
19 Depreciation (attach schedule) and depletion... Click to see attachment 34,603    
20 Occupancy.............. 6,556   6,556  
21 Travel, conferences, and meetings....... 2,082     2,082
22 Printing and publications.......... 1,625   1,625  
23 Other expenses (attach schedule)....... Click to see attachment 186,728   30,519 156,209
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 545,888 31,253 78,116 433,169
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 545,888 31,253 78,116 433,169
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 69,526
b Net investment income (if negative, enter -0-) 25,292
c Adjusted net income (if negative, enter -0-)... 172,219
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............. 49,984 286,678 286,678
2 Savings and temporary cash investments......... 153,354 95,792 95,792
3 Accounts receivable bullet59,936
Less: allowance for doubtful accounts bullet   21,860 59,936 59,936
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.......... 2,062 1,937 1,937
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 955,588 Click to see attachment946,614 1,147,415
c Investments—corporate bonds (attach schedule)....... 103,028 Click to see attachment128,200 128,863
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,341,988 Click to see attachment1,260,776 1,479,322
14 Land, buildings, and equipment: basis bullet6,706,741
Less: accumulated depreciation (attach schedule) bullet139,665 6,638,817 Click to see attachment6,567,076 6,567,076
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,266,681 9,347,009 9,767,019
Liabilities 17 Accounts payable and accrued expenses.......... 11,870 26,844
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 attachment6,234 Click to see attachment782
23 Total liabilities (add lines 17 through 22)......... 18,104 27,626
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 9,236,790 9,279,135
25 Temporarily restricted............... 11,787 40,248
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    
30 Total net assets or fund balances (see instructions)..... 9,248,577 9,319,383
31 Total liabilities and net assets/fund balances (see instructions). 9,266,681 9,347,009
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
9,248,577
2
Enter amount from Part I, line 27a .....................
2
69,526
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,280
4
Add lines 1, 2, and 3 ..........................
4
9,319,383
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
9,319,383
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 CR BARD P 2014-02-12 2016-01-15
b UNION PACIFIC CORP P   2015-07-24
c EBAY INC P 2011-12-27 2015-10-15
d UNITED TECHNOLOGIES P   2015-09-02
e JP MORGAN P 2014-07-07 2016-03-01
VMWARE P 2013-10-25 2016-04-25
AG MORTGAGE INVESTMENT TRUST P   2015-07-23
EATON CORP P 2013-09-20 2016-03-04
AFFILIATED MANAGERS GROUP INC P   2015-09-11
EATON CORP P 2013-09-20 2015-07-17
ALEXION PHARMACEUTICALS P 2014-07-25 2016-03-04
INGENICO P 2014-03-21 2015-09-17
AMERICAN WATER WORKS P   2016-06-21
NESTLE P 2015-09-02 2015-09-02
CERNER CORP P 2014-07-25 2026-03-23
BERKSHIRE TACONIC COMMUNITY P 2015-07-01 2016-06-30
CERNER CORP P 2014-07-25 2016-03-23
CHEMOURS - SPIN OFF FROM DU PONT P   2015-07-23
NETAPP P   2015-12-30
ORACLE P   2015-12-09
PARKER HANNIFIN P 2013-10-25 2015-07-17
PLAINS GP HOLDINGS P 2015-05-29 2015-01-12
QUANTA SERVICES P 2015-02-25 2015-12-14
(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 25,000   25,887 -887
b 2,343   3,652 -1,309
c 25,000   25,054 -54
d 3,630   3,334 296
e 25,000   26,085 -1,085
10,777   16,379 -5,602
4,662   5,083 -421
12,974   16,012 -3,038
9,654   5,902 3,752
7,482   8,184 -702
2,910   3,341 -431
11,082   9,222 1,860
10,942   3,832 7,110
1,085   867 218
12,179   11,861 318
14,574     14,574
1,015   963 52
576   554 22
6,708   8,937 -2,229
8,064   6,871 1,193
7,909   8,347 -438
4,229   13,838 -9,609
1,016   1,447 -431
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       -887
b       -1,309
c       -54
d       296
e       -1,085
      -5,602
      -421
      -3,038
      3,752
      -702
      -431
      1,860
      7,110
      218
      318
      14,574
      52
      22
      -2,229
      1,193
      -438
      -9,609
      -431
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 7,269
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 4,752
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 368,547 9,618,658 0.038316
2013 331,101 9,477,825 0.034934
2012 346,112 9,430,469 0.036701
2011 3,288,215 9,316,948 0.352928
2010 317,914 9,490,868 0.033497
2
Total of line 1, column (d) .....................
20.496376
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
0.099275
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
9,390,153
5
Multiply line 4 by line 3......................
5
932,207
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
253
7
Add lines 5 and 6........................
7
932,460
8
Enter qualifying distributions from Part XII, line 4.............
8
433,169
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 1 506
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........................... 3 506
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- ..... 5 506
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 4,310
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 4,310
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 2
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 3,802
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet510 RefundedBullet 11 3,292
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
 
 
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)
    bulletCT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.GREATMOUNTAINFOREST.ORG
    14
    The books are in care ofbulletJEAN BRONSON Telephone no.bullet (860) 824-8188

    Located atbullet200 CANAAN MOUNTAIN ROADFALLS VILLAGECT ZIP+4bullet06031
    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
     
     
    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
    CHARLES R FRITZ CHAIR
    10.00     		0 0 0
    3852 OLD MOUNTAIN ROAD
    WEST SUFFIELD,CT06093
    STARLING W CHILDS VICE CHAIR
    3.00     		0 0 0
    109 LITCHFIELD ROAD
    NORFOLK,CT06058
    CATHERINE GEVERS SECRETARY
    3.00     		0 0 0
    PO BOX 228
    NORFOLK,CT06058
    SUSAN MACEACHRON TREASURER
    1.00     		0 0 0
    789 WEST END AVE APT 10D
    NEW YORK,NY10025
    CHARLES CANHAM DIRECTOR
    1.00     		0 0 0
    144 LONGVIEW ROAD
    CLINTON CORNERS,NY12514
    ANNE C CHILDS DIRECTOR
    3.00     		0 0 0
    40 GARFIELD STREET
    WATERTOWN,MA02472
    EDWARD CALDER CHILDS DIRECTOR
    2.00     		0 0 0
    1299 BLACK MOUNTAIN ROAD
    DUMMERSTON,VT05301
    ELISABETH C GILL DIRECTOR
    1.50     		0 0 0
    PO BOX 482
    NORFOLK,CT06058
    DAVID LEFF DIRECTOR
    2.00     		0 0 0
    4 THE GREEN
    COLLINSVILLE,CT060193172
    JOHN PERKINS DIRECTOR
    0.50     		0 0 0
    160 HENRY STREET 5A
    BROOKLYN,NY11201
    HEATHER THOMSON DIRECTOR
    3.00     		0 0 0
    15 PINE LEDGE WAY
    NORFOLK,CT06058
    HANS CARLSON EXECUTIVE DI
    40.00     		21,162 4,000 0
    200 CANAAN MOUNTAIN ROAD
    FALLS VILLAGE,CT06031
    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
    JOEL E BRONSON FOREST MANAG
    40.00     		64,828 13,075  
    359 UNDERMOUNTAIN ROAD
    FALLS VILLAGE,CT06031
    RUSSELL RUSS FORESTER
    40.00     		50,705 611  
    38 OLD NORTH ROAD
    COLEBROOK,CT06021
    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 MANAGEMENT OF FOREST AND WILDLIFE RESOURCES ON CORPORATE PROPERTY ACCORDING TO A FOREST STEWARDSHIP PLAN APPROVED BY THE STATE OF CONNECTICUT AND THE USDA FOREST SERVICE 356,318
    2 MAINTENANCE AND UPKEEP OF YALE FORESTRY CAMP AS WELL AS OUTREACH THROUGH THE HOSTING OF RESEARCHERS INVESTIGATING THE ECOLOGY OF THE FOREST 66,480
    3 INTERNSHIP PROGRAM 10,371
    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
    2,711,151
    b
    Average of monthly cash balances.......................
    1b
    219,053
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,602,946
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,533,150
    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
    9,533,150
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    142,997
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,390,153
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    469,508
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
     
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    433,169
    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
    433,169
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    433,169
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 433,169
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount.....  
    e Remaining amount distributed out of corpus 433,169
    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 5 433,169
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
    2004-10-19
    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
    172,219 279,526 14,690 39,324 505,759
    b 85% of line 2a ......... 146,386 237,597 12,487 33,425 429,895
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		433,169 368,547 331,101 346,112 1,478,929
    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 ....     		433,169 368,547 331,101 346,112 1,478,929
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 9,767,019 9,786,908 9,629,831 9,430,469 38,614,227
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 9,767,019 9,786,908 9,629,831 9,430,469 38,614,227
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    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
    aOTHER PROGRAM INCOME         17,574
    bFORESTRY SALES     5 18,399  
    cSTUMPAGE     1 18,901  
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 20  
    4 Dividends and interest from securities....     14 44,216  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 5,040  
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    14 7,269 93,250
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aREIMBURSEMENTS     		    1 111,947  
    bYALE CAMP INCOME         27,131
    cMISCELLANEOUS     1 2,355  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   208,147 137,955
    13Total. Add line 12, columns (b), (d), and (e)..................
    13346,102
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A IN KEEPING WITH THE FOUNDATION'S ONGOING MISSION OF FOREST RESEARCH, CONSERVATION AND ECO-SYSTEM MANAGEMENT EDUCATIONAL PROGRAMS WERE HELD.
    8 PROPERTY HELD FOR MORE THAN A YEAR WAS SOLD BY THE ORGANIZATION OF WHICH THE PROCEEDS WERE USED TO FURTHER THE EXEMPT PURPOSE OF FOREST CONSERVATION AND ECO-SYSTEM MANAGEMENT.
    11C YALE CAMP WAS MAINTAINED AND MANAGED FOR YALE UNIVERSITY
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    GREAT MOUNTAIN FOREST CORPORATION
     
    Employer identification number

    13-2998991
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    GREAT MOUNTAIN FOREST CORPORATION
          		Employer identification number
    13-2998991
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    MARY ACKERLY  
    PO BOX 570
     
    NORFOLK, CT06058

    		$ 7,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    ORVIS
     

       
    1711 BLUE HILLS DR
     
    ROANOKE, VA24012

    		$ 5,000


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

    ANN CHILDS  
    67A EAST 77TH ST
     
    NEW YORK, NY100211813

    		$ 14,400


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
     
     

    JOHN O'CALLAGHAN  
    281 MOUNTAIN ROAD
     
    NORFOLK, CT06058

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    CHARLES COLLINS  
    40 GARFIELD ST
     
    WATERTOWN, MA02472

    		$ 9,875


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    UPRS GROUP
     

       
    123 GROVE AVE SUITE 118
     
    CEDARHURST, NY11516

    		$ 39,708


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    GREAT MOUNTAIN FOREST CORPORATION
          		Employer identification number
    13-2998991
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    GEOFFREY DRURY  
    PO BOX 127
     
    CANAAN, CT06511

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    USDA
    NATURAL RESOURCES CONSERVATION

       
    344 MERROW ROAD SUITE A
     
    TOLLAND, CT060843917

    		$ 30,658


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    BRETT HELLERMAN  
    94 EAST ROCK RD
     
    NEW HAVEN, CT06511

    		$ 7,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    SUSAN MACEACHRON  
    789 WEST END AVE 10D
     
    NEW YORK, NY10025

    		$ 6,790


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    GREAT MOUNTAIN FOREST CORPORATION
          		Employer identification number

    13-2998991
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    GREAT MOUNTAIN FOREST CORPORATION
          		Employer identification number

    13-2998991
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUTING FEES 5,000   5,000  

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

    TY 2015 DepreciationSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    SAP HOUSE 2010-09-30 37,174 10,344 S/L 19.0000 1,957      
    HOUSE CONSTRUCTION 2011-09-30 27,472 4,897 S/L 19.0000 1,446      
    BARN 2012-07-01 22,247 1,426 S/L 39.0000 570      
    1.61 ACRES CANAAN MTN RD 2009-01-20 5,000              
    .25 ACRES 2 WAGNUM RD 2009-01-20 3,000              
    200 CANAAN MTN RD MOUNTAIN HOUSE 2009-01-20 364,098 60,294 S/L 39.0000 9,336      
    200 CANAAN MTN RD OUTBUILDING 2009-01-20 14,744 2,442 S/L 39.0000 378      
    200 CANAAN MTN RD LAND 2009-01-20 146,829              
    200 CANAAN MTN RD FOREST 2009-01-20 15,727              
    199 WINDROW RD LAND 2009-01-20 679,980              
    199 WINDROW RD BARN 1800SQFT 2009-01-20 30,836 5,106 S/L 39.0000 791      
    199 WINDROW RD SHED 800SQFT 2009-01-20 1,827 303 S/L 39.0000 46      
    199 WINDROW RD BARN 1102SQFT 2009-01-20 7,549 1,250 S/L 39.0000 194      
    199 WINDROW RD SHED 1044SQFT 2009-01-20 2,981 525 S/L 39.0000 77      
    199 WINDROW RD SHED 299 SQFT 2009-01-20 857 151 S/L 39.0000 22      
    199 WINDROW RD SHED 169SQFT 2009-01-20 971 171 S/L 39.0000 25      
    11.26 ACRES WESTSIDE RD 2009-01-20 150,000              
    43.43 ACRES GOLF DR 2009-01-20 432,000              
    22.76 ACRES GOLF DR LAND 2009-01-20 408,482              
    22.76 ACRES GOLF DR POLE BARN 2009-01-20 6,518 1,149 S/L 39.0000 167      
    154 OLD WOODS RD OUTBUILDING 2009-01-20 12,213 2,153 S/L 39.0000 313      
    154 OLD WOODS RD LAND 2009-01-20 87,787              
    8.2 ACRES WESTSIDE RD 2009-01-20 150,000              
    9.01 ACRES WESTSIDE RD 2009-01-20 160,000              
    101 WINDROW RD 2009-01-20 175,000              
    66.87 ACRES CANAAN MTN RD 2003-12-23 69,797              
    74 ACRES CANAAN MTN RD 2003-12-23 75,475              
    .88 ACRES CANAAN MTN RD 2000-01-01 16,910              
    6.25 ACRES CANAAN MTN RD 2000-01-01 22,729              
    55 ACRES CANAAN MTN RD 2000-01-01 60,352              
    9.82 ACRES CANAAN MTN RD 2000-01-01 26,514              
    1,595 ACRES CANAAN MTN RD 2003-12-23 1,286,136              
    51.02 ACRES GOLF DR 2000-01-01 94,955              
    35.4 ACRES MEEKERTOWN RD 2003-12-23 55,505              
    450 ACRES MEEKERTOWN RD 2000-01-01 568,849              
    251.28 MEEKERTOWN RD 2000-01-01 322,801              
    48.33 OLD WOODS RD 1982-07-13 124,929              
    201 WINDROW RD 2003-12-23 670,761              
    ADA COMPLIANCE UPGRADES 2014-06-27 5,049 135 S/L 39.0000 129      
    SAP HOUSE PUMP & HOLDING TANK 2014-06-05 600 93 S/L 7.0000 86      
    SAP CONTAINER REPAIR 2013-02-01 683 585 S/L 7.0000 98      
    RUSS' COMPUTER 2013-12-05 2,025 641 S/L 5.0000 405      
    SHOP LIGHTS 2014-02-11 1,482 300 S/L 7.0000 212      
    KIOSK 2009-08-12 2,215 334 S/L 39.0000 56      
    WAGNUM BROOK BRIDGE 2013-09-06 1,454 178 S/L 15.0000 97      
    HILL'S CORNER BRIDGE 2013-12-10 12,166 1,284 S/L 15.0000 811      
    FOLDING CHAIRS 2013-09-27 1,708 427 S/L 7.0000 244      
    WOOD STOVE - MOUNTAIN HOUSE 2014-04-15 4,176 129 S/L 39.0000 107      
    NEW PORCH - MOUNTAIN HOUSE 2014-06-27 10,169 272 S/L 39.0000 260      
    MOUNTAIN HOUSE ADA COMPLIANCE 2014-07-03 4,770 122 S/L 39.0000 123      
    BUSH HOG 2014-08-05 4,850 635 S/L 7.0000 693      
    BAND MILL 2014-10-15 35,709 3,826 S/L 7.0000 5,101      
    MASSEY FERGUSON 4608 TRACTOR 2014-10-20 45,650 4,348 S/L 7.0000 6,521      
    1965 MACK R600 LOG TRUCK 2014-10-29 6,278 837 S/L 5.0000 1,256      
    MUNSON BRIDGE ENGINEERING 2015-06-15 2,500 14 S/L 15.0000 167      
    CAMPS POND 2.53 ACRES 2014-09-25 81,080              
    INDIAN AGRA RUG 2014-10-09 1,700 182 S/L 7.0000 243      
    FURNITURE FROM FRITZ 2014-07-01 500 71 S/L 7.0000 72      
    TRUCK BED F550 2014-12-04 2,668 311 S/L 5.0000 534      
    YORK RAKE 2015-02-12 1,448 86 S/L 7.0000 207      
    HP OFFICEJET 7500A PRINTER 2015-04-28 522 17 S/L 5.0000 105      
    CRYSTAL COLD REFRIG/FREEZER DIRECTOR'S COTTAG 2015-05-19 2,050 24 S/L 7.0000 293      
    DIRECTOR'S COTTAGE RENOVATION 2015-06-22 5,425   S/L 39.0000 139      
    17 ACRES GOLF DRIVE 2009-01-20 168,000              
    1999 JOHN DEERE 4400G UTILITY TRACTOR 2016-05-11 8,000   S/L 10.0000 133      
    2002 JOHN DEERE LAWN & GARDEN TRACTOR 2016-05-01 5,700   S/L 10.0000 95      
    WOOD SPLITER VERMONT AMERICAN SC 24H 2016-05-01 400   S/L 10.0000 7      
    BEFCO H40 FLAIL MOWER 2016-05-01 500   S/L 10.0000 8      
    FARMI JL352P WINCH 2016-05-01 1,100   S/L 10.0000 18      
    YORK RAKE MODEL RS-5 2016-05-01 500   S/L 10.0000 8      
    2005 JOHN DEERE GATOR 2016-05-01 2,500   S/L 10.0000 42      
    2009 JOHN DEERE EXCAVATOR 2016-05-01 17,000   S/L 10.0000 283      
    MUNSON BRIDGE - WIP 2016-06-30 79,100              
    SR 450 SPRAYER 2015-07-09 651   S/L 10.0000 65      
    PLOW FOR 2003 CHEVY PICK UP 2015-11-06 1,000   S/L 5.0000 133      
    2003 CHEVY PICK UP 2015-12-07 600   S/L 5.0000 70      
    KUBOTA RTU-X9 2016-03-09 13,810   S/L 10.0000 460      

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

    TY 2015 GainLossSaleOtherAssetsSch
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    17 ACRES GOLF DRIVE 2009-01 PURCHASE 2016-06   275,000 168,000   13,750 93,250  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Name of Bond End of Year Book Value End of Year Fair Market Value
    LEGG MASON CORP BONDS 128,200 128,863

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS:LEGG MASON 946,614 1,147,415

    TY 2015 InvestmentsOtherSchedule2
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENTS - BTCF AT COST 1,260,776 1,479,322

    TY 2015 LandEtcSchedule2
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 2,548   2,548 676,479
    BUILDINGS 561,290 139,665 421,625  
    FURNITURE & FIXTURES 7,440   7,440  
    MACHINERY & EQUIPMENT 139,100   139,100  
    VEHICLES 10,546   10,546  
    LAND IMPROVEMENTS 95,219   95,219  
    LAND 5,890,598   5,890,598 5,890,597


    TY 2015 LegalFeesSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT LEGAL FEES 3,163   3,163  


    TY 2015 OtherExpensesSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    SUPPLIES 7,660     7,660
    MISCELLANEOUS 2,023     2,023
    INSURANCE 41,590     41,590
    VEHICLE EXPENSES 11,335     11,335
    MAPLE SYRUP PRODUCTION 4,639     4,639
    BOOK PURCHASES 454     454
    FORESTRY PROJECTS 5,000     5,000
    REPAIRS & MAINTENANCE 11,096     11,096
    INTERN PROGRAM 1,395     1,395
    LECTURE HONORARIUM FEES 4,137     4,137
    DONATIONS 400     400
    SUPPLIES 510   510  
    INSURANCE - D&O 2,689   2,689  
    PAYROLL SERVICE FEE 1,229   1,229  
    BOOKKEEPING FEE 6,208   6,208  
    SUBSCRIPTIONS AND DUES 550   550  
    WEBSITE 2,825   2,825  
    TELEPHONE 5,127   5,127  
    FEES, LICENSES 650   650  
    OTHER EXPENSES 205   205  
    BUILDING REPAIRS 4,300   4,300  
    OFFICE SUPPLIES 4,638   4,638  
    FUNDRAISING SUPPLIES 418   418  
    FUNDRAISING POSTAGE 563   563  
    FUNDRAISING EVENTS 607   607  
    MAINTENANCE - YALE CAMP 55,123     55,123
    FUEL - YALE CAMP 3,192     3,192
    YALE CAMP EQUIPMENT 7,689     7,689
    MISCELLANEOUS - YALE CAMP 476     476


    TY 2015 OtherIncomeSchedule2
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PROGRAM INCOME 17,574   17,574
    FORESTRY SALES 18,399   18,399
    STUMPAGE 18,901   18,901
    REIMBURSEMENTS 111,947   111,947
    YALE CAMP INCOME 27,131   27,131
    MISCELLANEOUS 2,355   2,355


    TY 2015 OtherIncreasesSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Description Amount
    UNREALIZED GAIN 1,280


    TY 2015 OtherLiabilitiesSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Description Beginning of Year - Book Value End of Year - Book Value
    WITHHELD FEDERAL TAX 4,510  
    WITHHELD STATE TAX - CT 674  
    ACCRUED UNEMP COMP TAX 526  
    SALES TAX PAYABLE - CT 524 63
    PENSION PAYABLE   719


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 26,098 26,098 26,098  


    TY 2015 TaxesSchedule
    Name:
    GREAT MOUNTAIN FOREST CORPORATION
    EIN:
    13-2998991
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES - OTHER INVESTMENT 75 75 75  
    NET INVESTMENT TAX 5,080 5,080 5,080