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
BLANCHE A BRUCE TRUST UWO
 
Number and street (or P.O. box number if mail is not delivered to street address)95 MARKET STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MANCHESTER, NH031011933
A Employer identification number

02-6014968
B Telephone number (see instructions)

(603) 669-4140
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,337,301J 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      
4 Dividends and interest from securities... 89,849 89,849  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -18,829
b Gross sales price for all assets on line 6a 387,811
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).......      
12 Total. Add lines 1 through 11........ 71,020 89,849  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 24,000 12,000   12,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,120 4,120    
b Accounting fees (attach schedule)....... Click to see attachment 1,450 1,450    
c Other professional fees (attach schedule).... Click to see attachment 11,503 11,503    
17 Interest............... 26 26    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 320 320    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 75 75    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,494 29,494   12,000
25 Contributions, gifts, grants paid....... 92,500 92,500
26 Total expenses and disbursements. Add lines 24 and 25 133,994 29,494   104,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -62,974
b Net investment income (if negative, enter -0-) 60,355
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......... 64,032 79,518 79,518
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,502,709 Click to see attachment1,390,353 1,756,090
c Investments—corporate bonds (attach schedule)....... 441,464 Click to see attachment499,370 501,693
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,008,205 1,969,241 2,337,301
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................   24,010
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   24,010
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 2,008,205 1,945,231
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 2,008,205 1,945,231
31 Total liabilities and net assets/fund balances (see instructions). 2,008,205 1,969,241
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,008,205
2
Enter amount from Part I, line 27a .....................
2
-62,974
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,945,231
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
1,945,231
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 200 Shrs Chemours P 1998-05-13 2016-06-10
b 792 shrs Henderson International P 2008-04-24 2016-06-10
c 105 shrs SPDR S&P Emerging Asia Pac P 2014-08-26 2015-09-11
d 115 shrs SPDR S&P Emerging Asia Pac P 2014-08-26 2015-09-14
e 109 shrs SPDR S&P Emerging Asia Pac P 2014-08-27 2015-09-15
448 shrs Vanguard Charlotte FDS P 2014-09-23 2015-10-09
625 shrs Vanguard Charlotte FDS P 2014-11-06 2015-10-09
1830 shrs IShares MSCI Japan P 2015-04-01 2015-10-13
3570 JP Morgan Core Bond Fund P 2013-07-15 2015-11-13
560 shrs WisdomTree Europe P 2015-04-01 2016-01-12
373 IShares MSCI Eurozone ETF P 2015-10-13 2016-01-21
1788 shrs Neuberger Berman Equity P 2013-07-15 2016-01-29
1393 shrs IShares MSCI Japan P 2015-04-01 2016-04-01
623 shrs Neuberger Berman P 2015-12-31 2016-04-11
7812 shrs Neuberger Berman P 2013-07-15 2016-04-11
89 Shrs SPDR S&P 500 ETF P 2013-07-15 2016-04-06
138 Shrs SPDR S&P 500 ETF P 2013-12-23 2016-04-28
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,601 0 1,341 260
b 20,000 0 17,967 2,033
c 7,652 0 9,270 -1,618
d 8,406 0 10,153 -1,747
e 7,995 0 9,623 -1,628
23,672 0 23,314 358
33,024 0 32,795 229
21,924 0 22,985 -1,061
41,495 0 41,697 -202
28,572 0 37,358 -8,786
11,924 0 12,907 -983
19,890 0 22,300 -2,410
15,504 0 17,496 -1,992
7,314 0 7,199 115
91,714 0 97,925 -6,211
18,407 0 16,588 1,819
28,717 0 25,722 2,995
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 0 0 0 260
b 0 0 0 2,033
c 0 0 0 -1,618
d 0 0 0 -1,747
e 0 0 0 -1,628
0 0 0 358
0 0 0 229
0 0 0 -1,061
0 0 0 -202
0 0 0 -8,786
0 0 0 -983
0 0 0 -2,410
0 0 0 -1,992
0 0 0 115
0 0 0 -6,211
0 0 0 1,819
0 0 0 2,995
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 -18,829
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 -10,486
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 103,000 2,407,899 0.042776
2013 84,500 2,348,503 0.035980
2012 91,000 2,188,182 0.041587
2011 129,500 2,090,167 0.061957
2010 127,000 2,175,283 0.058383
2
Total of line 1, column (d) .....................
20.240683
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
0.048137
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
2,236,244
5
Multiply line 4 by line 3......................
5
107,646
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
604
7
Add lines 5 and 6........................
7
108,250
8
Enter qualifying distributions from Part XII, line 4.............
8
104,500
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 1,207
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 1,207
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 1,207
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 1,687
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.............. Part VI Line 7 - Original Return Overpayment: -1687 7 1,687
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 10 480
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet480 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRICHARD THORNER TRUSTEE Telephone no.bullet (603) 669-4140

    Located atbullet95 MARKET STREETMANCHESTERNH ZIP+4bullet031011933
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RICHARD THORNER Trustee
    2.00     		24,000 0 0
    95 Market St
    Manchester,NH03101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 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 Provided 15 scholarships to NH high school graduates and provided fundsto support the scholarship programs at "Dollars for Scholars"and the Manchester Community Music School. 92,500
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    2,204,575
    b
    Average of monthly cash balances.......................
    1b
    65,723
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,270,298
    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
    2,270,298
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    34,054
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,236,244
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    111,812
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    111,812
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,207
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,207
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    110,605
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    110,605
    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
    110,605
    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
    104,500
    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
    104,500
    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
    104,500
    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 7 110,605
    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...... 30,533
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 30,533
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 104,500
    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..... 104,500
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015. 5,625 5,625
    (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 24,908
    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 ..........     		480
    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 ......     		24,908
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 24,908
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    RICHARD THORNER ESQ
    95 Market Street
    Manchester,NH03101
    (603) 669-4140
    bThe form in which applications should be submitted and information and materials they should include:
    ANY REASONABLE APPLICATION INCLUDING FINANCIAL NEED, MERIT, COMMUNITY SERVICE AND ACADEMIC ACHIEVEMENT.
    cAny submission deadlines:
    JUNE 1 EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    VERA LEE
    37 Granite Street
    Hooksett,NH03106     		  N/A NortheasternScholarshipUniversity 1,000
    CHARLES DUNN
    465 Crestview Circle
    Manchester,NH03104     		  N/A University ofScholarshipNew Hampshire 500
    GRACE MARTEL
    168 Poplar St
    Manchester,NH03104     		  N/A Hobart & WilliamScholarshipSmith Colleges 1,000
    JOHN MARTIN
    40 Apple Hill Court
    Manchester,NH03104     		  N/A NortheasternScholarshipUniversity 1,000
    MARISSA MENAKAYA
    41 Ray Street
    Manchester,NH03104     		  N/A GeorgetownScholarshipUniversity 1,000
    AMANDA VALLEE
    40 Gurtner Street
    Manchester,NH03104     		  N/A Framington StateScholarshipUniversity 500
    ROGER WEEKS
    34 Gilhaven Road
    Manchester,NH03104     		  N/A Keene StateScholarshipCollege 1,000
    MARY CLAIRE KRAMER
    7 Bell Avenue
    Hooksett,NH03106     		  N/A LoyolaScholarshipUniversity 2,500
    DEIRDRE LEIGHTON
    19 Bodget Street Apt 3
    Manchester,NH03104     		  N/A University ofScholarship toMaine 500
    KELLY MARTIN
    71 Delaware Ave
    Manchester,NH03104     		  N/A to UniversityScholarshipof New Hampshire 1,000
    ANJA MATUKIC
    68 Croteau Court Apt 3G
    Manchester,NH03104     		  N/A LasellScholarshipCollege 2,000
    ALEXANDRA READE
    475 Beacon Street
    Manchester,NH03103     		  N/A University ofScholarshipNew Hampshire 1,500
    BRENNA RYDER
    1320 Chestnut Street
    Manchester,NH03104     		  N/A BostonScholarshipUniversity 500
    ABIGAIL ROSE SNARSKI
    519 North Adams St
    Manchester,NH03104     		  N/A Saint Michael'sScholarshipCollege 2,500
    CHANDLER TUCKER
    1465 Hooksett Rd 72
    Hooksett,NH03106     		  N/A SimmonsScholarshipCollege 1,000
    Manchester Community Music School
    2291 Elm Street
    Manchester,NH03104     		  PublicCharity501(c)3 Scholarships 10,000
    SOUHEGAN VALLEY CHAPTER DOLLARS FOR
    PO Box 713
    Milford,NH03055     		  PublicCharity501(c)3 Scholarships 65,000
    Total .................................bullet 3a 92,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 89,849  
    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.....     14 24,010  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    14 -18,829  
    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)..   95,030  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1395,030
    (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:  
    Part VI Line 7 -Original Return Overpayment: -1,687


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    BLANCHE A BRUCE TRUST UWO
    EIN:
    02-6014968
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Dugdale, Livolsi & Wood, PC Tax Preparation 1,450 1,450    

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

    TY 2015 GainLossSaleOtherAssetsSch
    Name:
    BLANCHE A BRUCE TRUST UWO
    EIN:
    02-6014968
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    200 Shrs Chemours 1998-05 Purchased 2016-06   1,601 1,341     260  
    792 Shrs Henderson Int'l 2008-04 Purchased 2016-06   20,000 17,967     2,033  
    105 Shrs SPDR Emerging Asia 2014-08 Purchased 2015-09   7,652 9,270     -1,618  
    115 Shrs SPDR S&P Emergin Asia 2014-08 Purchased 2015-09   8,406 10,153     -1,747  
    109 Shrs SPDR S&P Emerging Asia 2014-08 Purchased 2015-09   7,995 9,623     -1,628  
    1073 Shrs Vanguard Charlotte FDS Total Intl Bond Index 2014-09 Purchased 2015-10   56,696 56,109     587  
    1830 shrs IShares MSCI Japan 2015-04 Purchased 2015-10   21,924 22,985     -1,061  
    3570 2013-07 Purchased 2015-11   41,495 41,697     -202  
    560 shrs Wisdom Tree Trust 2015-04 Purchased 2016-01   28,572 37,358     -8,786  
    373 shrs IShares MSCI Eurozon 2015-10 Purchased 2016-01   11,924 12,907     -983  
    1789 shrs Neuberber Berman Equity Fund 2013-07 Purchased 2016-01   19,890 22,300     -2,410  
    1393 shrs IShares MSCI Japan ETF 2015-04 Purchased 2016-04   15,504 17,496     -1,992  
    89 Shrs SPDR S&P 500 ETF 2013-07 Purchased 2016-04   18,407 16,588     1,819  
    8435 Neuberber Berman Equity Fund Class 2013-07 Purchased 2016-04   99,028 105,124     -6,096  
    138 Shrs SPDR S&P 500 2013-12 Purchased 2016-04   28,717 25,722     2,995  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    BLANCHE A BRUCE TRUST UWO
    EIN:
    02-6014968
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Goldman Sachs Group Floating Rate, Ser D 48,880 47,656
    Ishare 7-10 Year Treas Bond 55,000 59,074
    635 shrs Ishares IBOXX Inv Grade Corp Bond ETF 74,180 77,937
    299 shrs IShares MBS ETF 32,622 32,881
    Vanguard Bd Index Fund Total Bond Mkt 82,353 85,565
    Loomis Sayles Investment Grade Bond Fund 35,710 33,614
    Oppenheimer Senior Floating Rate Fund 48,331 45,141
    Pimco Income Fund 42,800 41,982
    Virtus Multi-Sector Short-Term Bond Fund 79,494 77,843

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    BLANCHE A BRUCE TRUST UWO
    EIN:
    02-6014968
    Name of Stock End of Year Book Value End of Year Fair Market Value
    800 shrs AllState Corp. 23,806 55,960
    300shrs Chevron 25,410 31,449
    1000shrs DuPont EI DeNemours 25,044 64,800
    3000shrs Ford Motor Credit 24,540 37,710
    3500shrs General Electric 105,634 110,180
    2000shrs Intel Corp 54,040 65,600
    200shrs IBM 25,258 30,356
    900shrs Johnson & Johnson 61,284 109,170
    500 shrs JP Morgan 22,158 31,070
    1000 shrs MetLife 37,613 39,830
    1200 shrs Microsoft 34,953 61,404
    1000shrs Norfolk Southern 19,433 85,130
    1000 shrs Pfizer, Inc. 26,312 35,210
    1000shrs Proctor & Gamble 65,333 84,670
    500shrs Royal Dutch Shell 35,978 27,610
    600shrs The Hershey Co. 21,228 68,094
    1250shrs Verizon Communications 29,428 69,800
    526shrs Verizon Communications 25,309 29,372
    1090 shrs Vodafone Group 58,977 33,670
    1000 shrs Wells Fargo 35,242 47,330
    4257shrs Henderson Int'l Opportunities Fund 79,897 86,460
    2000 shrs Powershares ETF TR II Var Rate 50,385 49,660
    1086 shrs Ishares MSCI Eurozone ETF 37,580 35,045
    754 shrs Ishares MSCI EAFE ETF 44,883 42,088
    254 Shrs SPDR S&P 500 ETF 47,341 53,206
    11023 shrs American Century Equity Income Fund 159,264 161,137
    3865 shrs Hamlin High Dividend Equity Fund 75,329 76,836
    714 shrs Mainstay Icap Int'l 23,803 20,590
    3679 shrs Mainstay Epoch Global Equity Yield 67,941 66,549
    3263 shrs Principal S-MD Cp Div P 46,950 46,104

    TY 2015 LegalFeesSchedule
    Name:
    BLANCHE A BRUCE TRUST UWO
    EIN:
    02-6014968
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Wadleigh, Starr & Peters Legal Fees and Expenses 4,120 4,120    


    TY 2015 OtherExpensesSchedule
    Name:
    BLANCHE A BRUCE TRUST UWO
    EIN:
    02-6014968
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Annual Filing Fee 75 75    


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    BLANCHE A BRUCE TRUST UWO
    EIN:
    02-6014968
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Wieczorek Insurance Bond 150 150    
    UBS Portfolio Management 11,353 11,353    


    TY 2015 TaxesSchedule
    Name:
    BLANCHE A BRUCE TRUST UWO
    EIN:
    02-6014968
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Tax 320 320