Form990-PF
Click to see attachment

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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
STERLING INSURANCE COMPANY FOUNDATION
CO COMMUNITY BANK NA 008132
Number and street (or P.O. box number if mail is not delivered to street address)5 FORD AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ONEONTA, NY13820
A Employer identification number

46-7199984
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$996,808J 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) 681
2 Check bullet.............
3 Interest on savings and temporary cash investments 8,177 8,177  
4 Dividends and interest from securities... 15,469 15,469  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 183,441
b Gross sales price for all assets on line 6a 291,547
7 Capital gain net income (from Part IV, line 2)... 183,441
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........ 207,768 207,087  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 4,793 4,793    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,500     1,500
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 347     347
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 list of attachments 442     442
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,082 4,793   2,289
25 Contributions, gifts, grants paid....... 115,492 115,492
26 Total expenses and disbursements. Add lines 24 and 25 122,574 4,793   117,781
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 85,194
b Net investment income (if negative, enter -0-) 202,294
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 184 140 140
2 Savings and temporary cash investments......... 8,311 53,542 53,542
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) 223,650 Click to see attachment198,720 195,788
b Investments—corporate stock (attach schedule)....... 356,575 Click to see attachment337,631 460,138
c Investments—corporate bonds (attach schedule)....... 99,286 Click to see attachment198,146 196,386
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 112,991 Click to see attachment97,991 90,814
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) 800,997 886,170 996,808
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 800,997 886,170
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)..... 800,997 886,170
31 Total liabilities and net assets/fund balances (see instructions). 800,997 886,170
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
800,997
2
Enter amount from Part I, line 27a .....................
2
85,194
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
886,191
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
21
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
886,170
Form 990-PF (2018)
Form 990-PF (2018)
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 344.59 Royce Penn Mutual P 2014-12-04 2018-03-06
b 386.698 Royce Penn Mutual P 2015-07-13 2018-03-06
c 58.879 Vanguard Morgan Growth Adm P 2015-07-13 2018-03-06
d 25 Boeing Company P 2016-09-27 2018-03-06
e 212 IDEX Corp P 2011-12-14 2018-03-06
500 General Electric Co P 2014-02-05 2018-04-19
700 IDEX Corp P 2011-12-14 2018-04-19
325 IDEX Corp P 2011-12-14 2018-04-24
25000 Apple Inc P 2014-09-22 2018-05-03
25 Boeing Company P 2016-09-27 2018-04-19
25000 US TREASURY NOTE 1% 5/31/18 P 2014-12-01 2018-05-31
25000 FL TAMPA BAY WSA REV 1.362% 10/1/18 P 2015-05-13 2018-10-01
ST CAPITAL GAIN DISTRIBUTION P 2018-01-01 2018-12-01
LT CAPITAL GAIN DISTRIBUTIONS P 2016-01-01 2018-12-01
(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 3,687   5,000 -1,313
b 4,138   5,000 -862
c 5,698   5,000 698
d 8,733   3,279 5,454
e 29,726   18 29,708
6,982   12,281 -5,299
102,320   59 102,261
45,741   28 45,713
25,000   24,232 768
8,499   3,279 5,220
25,000   24,992 8
25,000   24,938 62
135     135
888     888
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,313
b       -862
c       698
d       5,454
e       29,708
      -5,299
      102,261
      45,713
      768
      5,220
      8
      62
      135
      888
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 2 183,441
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 77,134 987,946 0.07808
2016 56,832 734,545 0.07737
2015 59,142 536,194 0.11030
2014 38,607 555,677 0.06948
2013      
2
Total of line 1, column (d) .....................
2
0.335222
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.083806
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,040,014
5
Multiply line 4 by line 3......................
5
87,159
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,023
7
Add lines 5 and 6........................
7
89,182
8
Enter qualifying distributions from Part XII, line 4,.............
8
117,781
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 2,023
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 2,023
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 2,023
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 9
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,032
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
 
No
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)
    bulletNY
    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 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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 ofbulletCOMMUNITY BANK NA Telephone no.bullet (607) 433-4131

    Located atbullet5 FORD AVENUEONEONTANY ZIP+4bullet13820
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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
     
    No
    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 2018 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 2018.)..................
    3b
     
    No
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
    No
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    COMMUNITY BANK NA Trustee
    1.00     		4,793    
    5 FORD AVE
    ONETONA,NY13820
    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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    1,007,147
    b
    Average of monthly cash balances.......................
    1b
    48,705
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,055,852
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,055,852
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    15,838
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,040,014
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    52,001
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    52,001
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,023
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,023
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    49,978
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    49,978
    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
    49,978
    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
    117,781
    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
    117,781
    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
    2,023
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    115,758
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 49,978
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014...... 11,055
    c From 2015...... 32,724
    d From 2016...... 20,469
    e From 2017...... 28,084
    fTotal of lines 3a through e........ 92,332
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 117,781
    a Applied to 2017, 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)........     		0
    d Applied to 2018 distributable amount..... 49,978
    e Remaining amount distributed out of corpus 67,803
    5 Excess distributions carryover applied to 2018.    
    (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 5 160,135
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		160,135
    10 Analysis of line 9:
    a Excess from 2014.... 11,055
    b Excess from 2015.... 32,724
    c Excess from 2016.... 20,469
    d Excess from 2017.... 28,084
    e Excess from 2018.... 67,803
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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 (2018)
    Form 990-PF (2018)
    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
    MARATHON FOR A BETTER LIFE
    PO BOX 268
    WARNERVILLE,NY12187     		NONE NC PROVIDE FINANCIAL SUPPORT 1,515
    RONALD MCDONALD HOUSE CHARITIES
    139 SOUTH LAKE AVE
    ALBANY,NY12208     		NONE PC TO SUPPORT OTGANIZATION'S MISSION 900
    CATSKILL AREA HOSPICE PALLIATIVE CA
    1 BIRCHWOOD DRIVE
    ONEONTA,NY13820     		NONE PC FINANCIAL SUPPORT OF ORGANIZATION'S MISSION 2,600
    IROQUOIS INDIAN MUSEUM
    PO BOX 7 324 CAVERNS ROAD
    HOWES CAVE,NY12092     		NONE PC PROVIDE FINANCIAL SUPPORT TO THE MUSEUM 2,000
    LANDIS ARBORETUM
    PO BOX 186 LAPE ROAD
    ESPERANCE,NY12066     		NONE NC FUNDRAISER AT GRAPEVINE FARMS 1,000
    LITERACY NEW YORK
    PO BOX 852
    COBLESKILL,NY12043     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 1,500
    REGIONAL FOOD BANK OF NENY
    965 ALBANY-SHAKER ROAD
    LATHAM,NY12110     		NONE PC PROVIDE SUPPORT OF ORGANIZATION'S MISSION 2,500
    AYERS MEMORIAL ANIMAL SHELTER
    133 HILLTOP ROAD
    SPRAKERS,NY12166     		NONE PC ASSIST IN CARE OF SHELTER ANIMALS 900
    CATHOLIC CHARITIES OF DELWARE OTSEG
    489 WEST MAIN ST
    COBLESKILL,NY12043     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 50
    THE JOSHUA PROJECT
    PO BOX 413
    MIDDLEBURGH,NY12122     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 1,350
    BS - TROOP 264
    488 ALTAMONT BLVD
    ALTAMONT,NY12009     		NONE NC PROVIDE SUPPORT FOR TROOP'S ACTIVITIES 1,000
    ANIMAL SHELTER OF SCHOHARIE VALLEY
    PO BOX 40
    HOWES CAVE,NY12092     		NONE PC ASSIST IN CARE OF SHELTER ANIMALS 2,170
    SCHOHARIE COUNTY ARC
    PO BOX 307
    SCHOHARIE,NY12157     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 6,985
    COBLESKILL PARTNERSHIP INC
    PO BOX 10
    COBLESKILL,NY12043     		NONE NC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 5,200
    SCHOHARIE COUNTY CHILD DEVELOPMENT
    11 LARK STREET
    COBLESKILL,NY12043     		NONE NC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 500
    EXCHANGE CLUB OF COBLESKILL
    4949 STATE ROUTE 145
    COBLESKILL,NY12043     		NONE NC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 250
    SCHOHARIE COUNTY HISTORICAL SOCIETY
    145 FORT ROAD
    SCHOHARIE,NY12157     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 500
    SUNY COBLESKILL FOUNDATION
    106 SUFFOLK CIRCLE
    COBLESKILL,NY12043     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 3,000
    WOUNDED WARRIOR PROJECT INC
    4899 BETFORD RD SUITE 300
    JACKSONVILLE,FL32256     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 500
    HERO FUND OF AMERICA
    PO BOX 121
    SHARON SPRINGS,NY13459     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 500
    ASPCA FOUNDERS SOCIETY
    424 EAST 92ND STREET
    NEW YORK,NY10128     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    ST JUDE CHILDREN'S RESEARCH HOSPITA
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 450
    LITTLE LAWS BIG DREAMS
    868 MINERAL SPRINGS ROAD
    COBLESKILL,NY12043     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 125
    SCHOHARIE COUNTY COMM ACTION PROGRA
    795 E MAIN ST SUITE 5
    COBLESKILL,NY12043     		NONE NC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 5,000
    CCE SCHOHARIE AND OTSEGO COUNTIES
    173 SOUTH GRAND ST SUITE 1
    COBLESKILL,NY12043     		NONE PC PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 725
    FRIENDS OF BASSETT
    ONE ATWELL ROAD
    COOPERSTOWN,NY13326     		NONE PC MATCHING CONTRIBUTION FOR EMERGENCY ROOM 26,183
    WHMT
    4 GLOBAL VIEW
    TROY,NY12180     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 150
    THE SALVATION ARMY
    PO BOX 16310
    ALBANY,NY12212     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 500
    SCHO WRIGHT AMBULANCE
    388 MAIN ST
    SCHOHARIE,NY12157     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    COBLESKILL-RICHMONDVILLE LITTLE LEA
    120 WASHINGTON AVE
    COBLESKILL,NY12043     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 150
    GILBOA HISTORICAL SOCIETY
    122 STRYKER ROAD
    GILBOA,NY12076     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    YMCA OF THE GREATER TRI-VALLEY
    701 SENECA ST
    ONEIDA,NY13421     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    AMERICAN CANCER SOCIETY
    1120 SOUTH HOODMAN ST
    ROCHESTER,NY14620     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 200
    AMERICAN RED CROSS
    PO BOX 17021
    BALTIMORE,MD21297     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    LEATHERSTOCKING HONOR FLIGHT
    PO BOX 621
    COBLESKILL,NY12043     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    NC OF MISSING EXPLOITED CHILDREN
    690 PRINCE STREET
    ALEXANDRIA,VA22314     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 200
    SUSQUEHANNA ANIMAL SHELTER
    4841 NY-28
    COOPERSTOWN,NY13326     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    SHRINERS HOSPITAL FOR CHILDREN
    2900 N ROCKY POINT DRIVE
    TAMPA,FL33607     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 250
    CHENANGO MEMORIAL HOSPITAL
    179 N BROAD ST
    NORWICH,NY13815     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    THE MICHAEL J FOX FOUNDATION
    469 7TH AVE 498
    NEW YORK,NY10018     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    RICHMONDVILLE VOLUNTEER FIRE DEPT
    288 MAIN ST
    RICHMONDVILLE,NY12149     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    RICHMONDVILLE HISTORICAL SOCIETY
    PO BOX 316
    RICHMONDVILLE,NY12149     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 250
    FIELDS OF HONOR FOUNDATION
    5800 N PATRIOT DR
    OWASSO,OK74055     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    COBLESKILL REGIONAL HOSPITAL
    178 GRANDVIEW DRIVE
    COBLESKILL,NY12043     		NONE N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 250
    WAMC Northeast Public Radio
    318 Central Ave
    Albany,NY12206     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 350
    Klinkhart Hall Arts Center
    PO Box 101
    Sharon Springs,NY13459     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 1,130
    New York Insurance Scholarship Fdn
    130 Washington Avenue
    Albany,NY12210     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 2,000
    Cobleskill Richmondville Education
    155 Washington Avenue
    Cobleskill,NY12043     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 29,550
    Peacefful Acres Horses
    3740 Rynex Corners Road
    Pattersonville,NY12137     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    Shoharie County Comm Action Program
    795 E Main Street
    Cobleksill,NY12043     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    Family Life Ministries
    PO Box 506
    Bath,NY14810     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    American Red Cross Eastern NY Regio
    33 Everett Road
    Albany,NY12205     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 1,000
    Roots of Music
    50 Charles Lindeburgh
    Uniondale,NY11553     		Not Affiliated N/A PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 250
    Charlotte's Finest Legacy Foundatio
    PO Box 34742
    Charlotte,NC28234     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 50
    Catholic Charities Diocese of Alban
    40 North Main Avenue
    Albany,NY12203     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 1,000
    Fiends of Grace Outreach
    PO Box48
    Middleburgh,NY12122     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 125
    American Heart Assocaition
    372 W Main Street
    West Winfield,NY13491     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 1,000
    Rescue Mission of Utica
    372 W Main Street
    West Winfield,NY13491     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    United Way of Northern Chautaquacty
    626 Central Avenue
    Dunkirk,NY14048     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 200
    National Brain Tumor Society
    38 Fifth Avenue
    Saratoga Springs,NY12866     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 200
    Cobleskill Fire Deparment
    601 E Main Street
    Cobleskill,NY12043     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 200
    Summer Youth Cultural Performing Ar
    PO Box 554
    Schohaire,NY12043     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 500
    ALSACSt Jude Childrens Research Hos
    2 Pine West Plaza Suite 202
    Albany,NY12205     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 250
    Food Bank of the Southern Tier
    12067 Old Route 31
    Clyde,NY14433     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 300
    West Fulton Arts
    PO Box 60
    West Fulton,NY12194     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 500
    Le Moyne College
    1419 Salt Springs Road
    Syracuse,NY13214     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 250
    Diaz Memorial Abulance Service
    PO Box 147
    Saugerties,NY12477     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 200
    Juvenile Diabetes Research Foundati
    950 New London Road
    Latham,NY12110     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    The Childrens Home of Kingston
    26 Grove Street
    Kingston,NY12401     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    Palmyra Community Center
    229 E Main Street - PO Box 8
    Palmyra,NY14522     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    Jowonio School Inc
    3040 East Genessee Street
    Syrcause,NY13244     		Not Affiliated N/A TO PROVIDE SUPPORT ORGANIZATION'S MISSION 100
    Finger Lakes Cultural Natural
    PO Box 96
    Keuka Park,NY14478     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    Canajoharie Area Little League
    PO Box 91
    Canjoharie,NY13317     		Not Affiliated N/A TO PROVIDE SUPPORT FOR THE ORGANIZATION'S MISSION 150
    Jim Juli Boeheim Foundation
    7002 Tiffany Circle
    Fayetteville,NY13066     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 50
    Rotary Club of Cobleskill
    PO Box 39
    Cobleskill,NY12043     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 1,500
    Fam Funds
    PO Box 399
    Cobleskill,NY12043     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 1,000
    The Friends of Grant College
    PO Box 2294
    Wilton,NY12831     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    No Bottom Left Behind Diaper Bank
    530 North Perry Street
    Johnstown,NY12095     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    Scholarie Mohawk Initiative for Sci
    PO Box 121
    Duanesburg,NY12056     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 600
    Regional Food Bank of NE NY
    965 Albany Road
    Latham,NY12110     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 50
    Schoharie County Trail Association
    PO Box 851
    Cobleskill,NY12043     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 50
    Summit Lake Association
    PO Box 256
    Summit,NY12175     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 310
    Captain Youth Family Services
    1705 US Route 9
    Clifton Park,NY12065     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    The Addiction Center of Albany
    90 McCarty Avenue
    Albany,NY12202     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    Insulin for Life USA
    5745 SW 75th Street 116
    Gainesville,FL32608     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    K9's of Valor
    PO Box 108
    Kent,OH44240     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 300
    Rescue Freedom Project
    4804 Laurel Canyon Blvd 534
    Valley Village,CA91607     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    Green Mountain Pug Rescue
    283 Town Line Road
    Mendon,VT05701     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 100
    The Daily Bread Food Pantry
    PO Box 328
    Cherry Valley,NY13320     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 174
    Friends of Bassett Health Care
    1 Atwell Road
    Cooperstown,NY13326     		Not Affiliated N/A TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION 200
    Total .................................bullet 3a 115,492
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 8,177  
    4 Dividends and interest from securities....     14 15,469  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 183,441  
    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)..   207,087  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    207,087
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    STERLING INSURANCE COMPANY FOUNDATION
     
    CO COMMUNITY BANK NA 008132
    EIN:
    46-7199984
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,500 0 0 1,500

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    STERLING INSURANCE COMPANY FOUNDATION
     
    CO COMMUNITY BANK NA 008132
    EIN:
    46-7199984
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CISCO SYSTEMS INC 2.6% 24,809 24,504
    ORACLE CORP 2.5% 10/15/22 25,247 24,331
    TEXAS INSTRUMENTS 1.75% 24,939 24,609
    PEPSI CO. 2.75% 24,831 24,748
    AUTOMATIC DATA PROCESSING 3.375% 24,989 24,798
    BANK OF NY MELLON CORP 2.050% 24,387 24,401
    BERKSHIRE HATHAWAY 3.125% 24,307 24,231
    MICROSOFT CORP 2.875% 24,637 24,764

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    STERLING INSURANCE COMPANY FOUNDATION
     
    CO COMMUNITY BANK NA 008132
    EIN:
    46-7199984
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES RUSSELL MIDCAP VALUE 22,224 22,905
    VANGUARD MSCI EMERGING MARKETS 8,335 7,620
    ISHARES S&P MIDCAP 400 GR 21,189 23,904
    ISHARES CORE MSCI EAFE ETF 10,290 11,000
    SCHWAB US SMALL CAP ETF 11,126 12,136
    AT&T 12,833 11,416
    ABBVIE INC 9,583 18,438
    C H ROBINSON WORLDWIDE INC 5,403 8,409
    CHEVRON 16,447 16,318
    CISCO SYSTEMS INC 8,810 17,332
    COCA COLA CO 15,055 18,940
    EXXON MOBIL CORP 17,953 13,638
    GENERAL MILLS 9,459 7,788
    INTEL CORP 11,821 23,465
    PFIZER INC 14,763 21,825
    VERIZON COMMUNICATIONS 13,958 16,866
    MERCK & COMPANY 17,121 22,923
    SPDR TECH SELECT SECTOR ETF 8,392 12,396
    AMGEN 15,024 19,467
    CVS HEALTH CORP 9,050 6,552
    WALT DISNEY CO 9,926 10,965
    DOWDUPONT INC 10,447 10,696
    HOME DEPOT INC 12,650 17,182
    JPMORGAN CHASE & CO 11,923 19,524
    NIKE INC CL B 11,998 14,828
    PROCTOR & GAMBLE CO 7,652 9,192
    PUBLIC SVC ENTERPRISE GRP 7,616 10,410
    IDEX CORP 25 37,878
    BOEING COMPANY 6,558 16,125

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    STERLING INSURANCE COMPANY FOUNDATION
     
    CO COMMUNITY BANK NA 008132
    EIN:
    46-7199984
    Software ID:
    18007218
    Software Version:
    2018v3.1
    US Government Securities - End of Year Book Value:

    74,747
    US Government Securities - End of Year Fair Market Value:

    73,883
    State & Local Government Securities - End of Year Book Value:


    123,973
    State & Local Government Securities - End of Year Fair Market Value:


    121,905


    TY 2018 InvestmentsOtherSchedule2
    Name:
    STERLING INSURANCE COMPANY FOUNDATION
     
    CO COMMUNITY BANK NA 008132
    EIN:
    46-7199984
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DODGE AND COX INTL STOCK FD AT COST 25,000 20,682
    LOOMIS SAYLES BOND INSTL AT COST 25,000 21,035
    VANGUARD inflation prot adm AT COST 4,941 4,647
    VANGUARD SHORT TERM CORP BOND AT COST 24,050 23,382
    T ROWE PRICE DIVERS SC GRWTH AT COST 19,000 21,068

    TY 2018 OtherDecreasesSchedule
    Name:
    STERLING INSURANCE COMPANY FOUNDATION
     
    CO COMMUNITY BANK NA 008132
    EIN:
    46-7199984
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    NON-DEDUCTIBLE PENALTY 21


    TY 2018 OtherExpensesSchedule
    Name:
    STERLING INSURANCE COMPANY FOUNDATION
     
    CO COMMUNITY BANK NA 008132
    EIN:
    46-7199984
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CHECK CHARGE 192     192
    NYS FILING FEES 250     250


    TY 2018 TaxesSchedule
    Name:
    STERLING INSURANCE COMPANY FOUNDATION
     
    CO COMMUNITY BANK NA 008132
    EIN:
    46-7199984
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 347     347