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.
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
STARITCH FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1356
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SARANAC LAKE, NY129837356
A Employer identification number

14-1827670
B Telephone number (see instructions)

(518) 891-9797
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$3,804,829J 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) 66,336
2 Check bullet.............
3 Interest on savings and temporary cash investments 200 200  
4 Dividends and interest from securities... 62,398 62,398  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 201,314
b Gross sales price for all assets on line 6a 1,419,071
7 Capital gain net income (from Part IV, line 2)... 317,692
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -182 0  
12 Total. Add lines 1 through 11........ 330,066 380,290  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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 26,550 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,578 0   0
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 17,624 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,752 0   0
25 Contributions, gifts, grants paid....... 242,927 242,927
26 Total expenses and disbursements. Add lines 24 and 25 296,679 0   242,927
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 33,387
b Net investment income (if negative, enter -0-) 380,290
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............. -39,315 -17,350 -17,350
2 Savings and temporary cash investments......... 67,434 134,292 134,292
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)....... 3,552,198 Click to see attachment3,523,655 3,537,253
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 155,332 Click to see attachment102,817 149,380
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment632 Click to see attachment1,254 Click to see attachment1,254
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,736,281 3,744,668 3,804,829
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 75,000 50,000
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)......... 75,000 50,000
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 3,661,281 3,694,668
30 Total net assets or fund balances (see instructions)..... 3,661,281 3,694,668
31 Total liabilities and net assets/fund balances (see instructions). 3,736,281 3,744,668
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
3,661,281
2
Enter amount from Part I, line 27a .....................
2
33,387
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,694,668
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,694,668
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 250 SH AIR PRODUCTS & CHEMICALS INC D 2017-04-24 2018-03-20
b 250 SH AIR PRODUCTS & CHEMICALS INC D 2017-04-24 2018-11-12
c 230 SH CELGENE CORP D 2013-10-09 2018-09-25
d 2000 SH COMPASS DIVERSIFIED HLDG D 2015-05-19 2018-12-07
e 1270 SH CONOCO PHILLIPS D 2017-04-24 2018-10-24
1000 SH ENCOMPASS HEALTH CORP P 2017-06-27 2018-10-12
800 UTS ENTERPRISE PRODUCTS PARTNERS D   2018-03-20
1000 UTS ENTERPRISE PRODUCTS PARTNERS D 2017-06-27 2018-10-12
40 SH GARRETT MOTION INC P 2018-03-20 2018-10-17
1000 SH GENERAL MILLS INC P 2017-05-24 2018-12-03
34989.503 SH GOLDMAN SACHS TR P 2017-05-25 2018-07-11
49985.004 SH GOLDMAN SACHS TR P 2017-05-25 2018-07-19
49985.004 SH GOLDMAN SACHS TR P 2017-05-25 2018-08-21
28994.201 SH GOLDMAN SACHS TR P 2017-05-25 2018-11-15
800 SH HEICO CORP P 2018-07-11 2018-12-18
500 SH HOLOGIC INC D 2017-04-24 2018-08-24
500 SH HOLOGIC INC D 2017-04-24 2018-11-30
50 SH ILLUMINA INC P 2018-02-28 2018-08-02
150 SH INTUITIVE SURGICAL D 2017-04-24 2018-01-30
50 SH INTUITIVE SURGICAL D 2017-04-24 2018-04-03
50 SH INTUITIVE SURGICAL D 2017-04-24 2018-12-03
1000 SH JACOBS ENGINEERING GROUP P 2017-05-24 2018-05-21
1000 SH MAXIM INTEGRATED PRODUCTS D 2017-04-24 2018-10-12
1000 SH NEWELL BRANDS P 2017-05-24 2018-01-19
400 SH NORFOLK SOUTHERN CORP D 2017-04-24 2018-01-31
500 SH NUCOR CORP D 2017-04-24 2018-10-23
500 SH NUCOR CORP P 2017-04-18 2018-10-23
1000 SH PINNACLE FOODS P 2017-05-24 2018-02-28
.667 SH RESIDEO TECHNOLOGIES P 2018-03-20 2018-10-29
66 SH RESIDEO TECHNOLOGIES P 2018-10-29 2018-11-20
100 SH ROPER TECHNOLOGIES INC P 2017-03-17 2018-10-26
100 SH ROPER TECHNOLOGIES INC D 2017-04-24 2018-10-26
200 SH TELEFLEX INCORPORATED D 2017-04-24 2018-03-08
100 SH TELEFLEX INCORPORATED D 2017-04-24 2018-03-20
100 SH TELEFLEX INCORPORATED D 2017-04-24 2018-04-03
100 SH TELEFLEX INCORPORATED D 2017-04-24 2018-07-11
100 SH TELEFLEX INCORPORATED D 2017-04-24 2018-09-25
100 SH TELEFLEX INCORPORATED D 2017-04-24 2018-11-30
900 SH WASTE CONNECTIONS INC P 2017-05-24 2018-01-31
200 SH XPO LOGISTICS P 2018-06-18 2018-12-13
(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 41,438   31,642 9,796
b 40,008   31,642 8,366
c 20,162   764 19,398
d 29,181   28,170 1,011
e 86,673   60,896 25,777
75,249   49,045 26,204
19,875   8,115 11,760
29,007   10,820 18,187
611   634 -23
41,652   56,846 -15,194
35,000   34,972 28
50,000   49,915 85
50,000   49,915 85
29,000   29,009 -9
65,639   59,200 6,439
19,497   14,549 4,948
22,218   14,549 7,669
16,068   11,518 4,550
64,577   26,309 38,268
20,161   8,770 11,391
27,114   8,770 18,344
64,055   52,825 11,230
52,022   45,090 6,932
31,034   52,817 -21,783
60,107   47,004 13,103
28,947   28,679 268
28,943   28,727 216
54,046   60,987 -6,941
17   18 -1
1,287   1,774 -487
27,648   21,056 6,592
27,648   21,058 6,590
52,249   21,934 30,315
26,424   10,967 15,457
24,899   10,967 13,932
27,584   10,967 16,617
26,913   10,967 15,946
27,400   10,967 16,433
64,967   55,765 9,202
9,751   22,760 -13,009
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       9,796
b       8,366
c       19,398
d       1,011
e       25,777
      26,204
      11,760
      18,187
      -23
      -15,194
      28
      85
      85
      -9
      6,439
      4,948
      7,669
      4,550
      38,268
      11,391
      18,344
      11,230
      6,932
      -21,783
      13,103
      268
      216
      -6,941
      -1
      -487
      6,592
      6,590
      30,315
      15,457
      13,932
      16,617
      15,946
      16,433
      9,202
      -13,009
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 2 317,692
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 293,475 3,418,378 0.085852
2016 312,231 1,822,026 0.171365
2015 75,850 1,745,327 0.043459
2014 141,775 1,518,149 0.093387
2013 118,950 1,373,324 0.086615
2
Total of line 1, column (d) .....................
2
0.480678
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
0.096136
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,204,362
5
Multiply line 4 by line 3......................
5
404,191
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,803
7
Add lines 5 and 6........................
7
407,994
8
Enter qualifying distributions from Part XII, line 4,.............
8
242,927
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 7,606
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 7,606
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,606
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 5,600
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 76
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,082
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletEDENFIELD AND SNOW Telephone no.bullet (518) 891-9797

    Located atbullet440 BLOOMINGDALE AVESARANAC LAKENY ZIP+4bullet12983
    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
     
     
    ........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
     
     
    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
     
     
    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
     
     
    .........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
     
     
    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
    SALLY B RITCHIE TREASURER/DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    JAMES M RITCHIE PRESIDENT/DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    DOROTHY R VALHOULI SECRETARY/DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    STEPHEN M RITCHIE DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    SOLVEIG A HOLUM LYFORD DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    CAROLYN R DONATELLO DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    JAMES R VALHOULI DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    ALEXANDER R VALHOULI DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    ROBERT M HOLUM VICE-PRESIDENT/DIRECTOR
    0.00     		0 0 0
    P O BOX 1356
    SARANAC LAKE,NY129837356
    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
    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.............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  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    4,252,346
    b
    Average of monthly cash balances.......................
    1b
    16,042
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,268,388
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,268,388
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    64,026
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,204,362
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    210,218
    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
    210,218
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,606
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,606
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    202,612
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    202,612
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    202,612
    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
    242,927
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    242,927
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    242,927
    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 7 202,612
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 52,860
    b From 2014...... 68,558
    c From 2015......  
    d From 2016...... 224,468
    e From 2017...... 128,097
    fTotal of lines 3a through e........ 473,983
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 242,927
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 202,612
    e Remaining amount distributed out of corpus 40,315
    5 Excess distributions carryover applied to 2018. 0 0
    (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 5 514,298
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    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) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		52,860
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		461,438
    10 Analysis of line 9:
    a Excess from 2014.... 68,558
    b Excess from 2015....  
    c Excess from 2016.... 224,468
    d Excess from 2017.... 128,097
    e Excess from 2018.... 40,315
    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).)
    SALLY B RITCHIE
    JAMES M RITCHIE
    DOROTHY R VALHOULI
    ROBERT M HOLUM
    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
    ADIRONDACK COMMUNITY CHURCH
    2583 MAIN STREET
    LAKE PLACID,NY12946     		N/A CHURCH MINISTRY 500
    ADIRONDACK EXPLORER
    36 CHURCH STREET
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY PUBLIC NEWS PERIODICAL TO REPORT THE ADIRONDACK MOUNTAINS NEWS 5,000
    ADIRONDACK FOUNDATION
    PO BOX 288
    LAKE PLACID,NY12946     		N/A PUBLIC CHARITY DEATH WITH DIGNITY EDUCATION 2,500
    ADIRONDACK LAND TRUST
    P O BOX 65
    KEENE VALLEY,NY12943     		N/A PUBLIC CHARITY PRESERVATION AND PROTECTION OF ADIRONDACK PARK 1,000
    ADVOCATES FOR YOUTH
    1325 G ST NW STE 980
    WASHINGTON,DC20005     		N/A PUBLIC CHARITY SUPPORT FOR EDUCATING YOUTH IN THE AREAS OF ADOLESCENT REPRODUCTIVE AND SEXUAL HEALTH 1,000
    AFS-USA
    120 WALL STREET 4TH FLOOR
    NEW YORK,NY10005     		N/A PUBLIC CHARITY PROMOTES EDUCATIONAL OPPORTUNITIES THROUGH STUDYING ABROAD 1,000
    AMERICAN RED CROSS
    13 GUY WAY
    PLATTSBURGH,NY12901     		N/A PUBLIC CHARITY SUPPORT REGIONAL RELIEF EFFORTS FOR NEEDY FAMILIES 1,500
    BALTIMORE SCHOOL FOR THE ARTS FOUNDATION
    712 CATHERINE ST
    BALTIMORE,MD21201     		N/A PRIVATE EDUCATION IN SUPPORT FOR EDUCATION 5,000
    BOWDOIN COLLEGE
    255 MAIN STREET
    BRUNSWICK,ME04011     		N/A PRIVATE EDUCATION IN SUPPORT FOR EDUCATION 375
    BURKE MOUNTAIN ACADEMY
    P O BOX 78
    E BURKE,VT05832     		N/A PRIVATE EDUCATION IN SUPPORT EDUCATIONAL PROGRAMS 3,500
    CROW
    3883 SANIBEL CROAD
    SANIBEL ISLAND,FL33957     		N/A PUBLIC CHARITY SAVING WILDLIFE THROUGH CARE, EDUCATION, AND COLLABORATION 2,000
    CAMP MERIDIAN
    789 CENTRAL AVENUE
    DOVER,NH038200654     		N/A PUBLIC CHARITY SUMMER CAMP FOR HEART DISEASE PATIENTS 1,000
    CAPTAINS FOR CLEAN WATER
    PO BOX 1653
    FORT MYERS,FL33902     		N/A PUBLIC CHARITY SUPPORT FOR RESTORATION AND PROTECTION OF MARINE ECOSYSTEMS 3,000
    CHARLIE'S PLACE
    P O BOX 4996
    CORPUS CHRISTI,TX78469     		N/A PUBLIC CHARITY ADDICTION TREATMENT 1,500
    CHILDREN'S MUSEUM OF NH
    P O BOX 654
    DOVER,NH038200654     		N/A PUBLIC CHARITY MUSEUM TO APPEAL TO CHILDREN 500
    CHURCH OF THE ASCENSION
    P O BOX 271
    LAKE CLEAR,NY12945     		N/A CHURCH MINISTRY 2,800
    CITY HARVEST
    575 EIGHTH AVE 4TH FLOOR
    NEW YORK,NY10018     		N/A PUBLIC CHARITY FEED THE HUNGRY AND HOMELESS 2,500
    COATESVILLE YOUTH INITIATIVE
    545 EAST LINCOLN HIGHWAY
    COATESVILLE,PA19320     		N/A PUBLIC CHARITY SUPPORT FOR EDUCATING YOUTH 1,000
    DIRECT RELIEF
    27 SOUTH LA PATERA LANE
    SANTA BARBARA,CA93117     		N/A PUBLIC CHARITY SENDS SHIPMENTS OF MEDICAL EQUIPMENT AND SUPPLIES WORLDWIDE TO HELP THE VICTIMS OF CIVIL UNREST, NATURAL DISASTERS AND CHRONIC POVERTY. 3,050
    DOCTORS WITHOUT BORDERS USA
    BOX 2247
    NEW YORK,NY101162247     		N/A PUBLIC CHARITY MEDICINE FRONTIERS 2,700
    ENVIRONMENTAL DEFENSE FUND
    1875 CONNECTICUT AVE NW
    WASHINGTON,DC20009     		N/A PUBLIC CHARITY EDF PROTECTS THE EARTH'S RESOURCES USING SMART ECONOMICS, PRACTICAL PARTNERSHIPS & RIGOROUS SCIENCE 3,000
    FOOTPRINTS FOOD PANTRY
    37 OLD POST ROAD
    KITTERY,ME03904     		N/A PUBLIC CHARITY FOOD FOR THE NEEDY 750
    FRIENDS OF THE WISSAHICKON
    40 W EVERGREEN AVENUE STE 108
    PHILADELPHIA,PA19118     		N/A PUBLIC CHARITY SUPPORT FOR WILDLIFE AND PARK PRESERVATION 3,500
    GATHER
    210 WEST ROAD
    PORTSMOUTH,NH03801     		N/A PUBLIC CHARITY SUPPORT FOR FOOD ASSISTANCE SERVING NH SEACOAST AREA 1,200
    GERMANTOWN FRIENDS SCHOOL
    31 W COULTER ST
    PHILADELPHIA,PA19144     		N/A PRIVATE EDUCATION IN SUPPORT EDUCATION 1,500
    HAMPSHIRE COLLEGE
    893 WEST STREET
    AMHERST,MA01002     		N/A PRIVATE EDUCATION IN SUPPORT EDUCATION 500
    HIGH PEAKS HOSPICE
    P O BOX 840
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY HIGH LEVEL END-OF-LIFE CARE 600
    INLAND LAKES EDUCATIONAL FOUNDATION
    1325 S HAMILTON DRIVE
    BURT LAKE,MI49717     		N/A PUBLIC CHARITY ENVIRONMENTAL WATER ISSUES 4,300
    KITTERY COMMUNITY CENTER
    120 ROGERS ROAD
    KITTERY,ME03904     		N/A MUNICIPAL DEPT SUPPORT OF THE COMMUNITY CENTER WITH PROGRAMS FOR ALL AGES TO PROMOTE A HEALTHY COMMUNITY 300
    KREMPLES FOUNDATION
    100 CAMPUS DRIVE
    PORTSMOUTH,NH80301     		N/A PUBLIC CHARITY IMPROVING THE LIFES OF PEOPLE LIVING WITH BRAIN INJURY 2,000
    LIVE CONNECTIONS
    P O BOX 42796
    PHILADELPHIA,PA19104     		N/A PUBLIC CHARITY SUPPORT FOR LEARNING AND COMMUNITY BUILDING THOUGH COLLABORATIVE MUSIC-MAKING 2,000
    LUTHERAN VOLUNTEER CORPS
    1226 VERMONT AVE NW
    WASHINGTON,DC200053615     		N/A PUBLIC CHARITY SPIRITUALITY WHILE WORKING FOR SOCIAL JUSTICE 5,000
    N STREET VILLAGE INC
    1333 N STREET NW
    WASHINGTON,DC20005     		N/A PUBLIC CHARITY SUPPORT SERVICES FOR THE HOMELESS 5,000
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    3803 N FAIRFAX DR SUITE 100
    ARLINGTON,VA22203     		N/A PUBLIC CHARITY SUPPORT MENTAL HEALTH PROGRAMS 300
    NATL CONFERENCE OF COMMUNITY & JUSTICE
    820A PROSPECT HILL RD
    WINDSOR,CT06095     		N/A PUBLIC CHARITY SUPPORT FOR INCLUSION AND ACCEPTANCE THROUGH EDUCATION AND ADVOCACY 1,700
    NATURE CONSERVANCY
    PO BOX 65
    KEENE VALLEY,NY12943     		N/A PUBLIC CHARITY SUPPORT LAND AND WATER CONSERVATION 500
    NEWMAN CATHOLIC CENTER
    471 NORTH PLEASANT STREET
    AMHERST,MA01002     		N/A PUBLIC CHARITY SUPPORT WORSHIP AND SERVICES TO THE UMASS AMHERST CAMPUS 500
    NICOLE CANUSO DANCE COMPANY
    913 FEDERAL STREET
    PHILADELPHIA,PA19147     		N/A PUBLIC CHARITY ARTS IN EDUCATION 1,000
    NORTH COUNTRY LIFE FLIGHT
    P O BOX 994
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY EMERGENCY MEDIVAC SERVICES 1,500
    NORTHERN ADIRONDACK PLANNED PARENTHOOD
    66 BRINKERHOFF STREET
    PLATTSBURGH,NY12901     		N/A PUBLIC CHARITY SAFE MOTHERHOOD AND FAMILY PLANNING CONCERNS 1,000
    NORTHWOOD SCHOOL
    P O BOX 1070
    LAKE PLACID,NY12946     		N/A PRIVATE EDUCATION IN SUPPORT EDUCATION 76,050
    PARTNERS IN HEALTH
    P O BOX 845578
    BOSTON,MA02284     		N/A PUBLIC CHARITY MEDICAL CARE FOR THE UNDER PRIVILEGED 500
    PENDRAGON THEATRE
    148 RIVER STREET
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY PROMOTE AND SUPPORT COMMUNITY THEATRE 1,600
    PHILADELPHIA YOUNG PLAYWRIGHTS
    1219 VINE STREET FLOOR 3
    PHILADELPHIA,PA19107     		N/A PUBLIC CHARITY SUPPORT EDUCATION 1,500
    PHILLIPS EXETER ACADEMY
    20 MAIN STREET
    EXETER,NH038332460     		N/A PRIVATE EDUCATION IN SUPPORT EDUCATIONAL PROGRAMS 1,550
    PIG IRON THEATRE COMPANY
    P O BOX 17275
    PHILADELPHIA,PA19105     		N/A PUBLIC CHARITY ARTS IN EDUCATION 1,000
    REGIONAL FOOD BANK OF NORTHEASTERN NY
    965 ALBANY-SHAKER ROAD
    LATHAM,NY121101409     		N/A PUBLIC CHARITY FEED THE HUNGRY AND HOMELESS 3,500
    RICE PUBLIC LIBRARY
    8 WENTWORTH ST
    KITTERY,ME03904     		N/A PUBLIC CHARITY SUPPORT PUBLIC LIBRARY 500
    SAN-CAP CONSERVATION FOUNDATION
    P O BOX 839
    SANIBEL,FL339570839     		N/A PUBLIC CHARITY PRESERVE THE QUALITY OF THE WATER WAY 2,000
    SARANAC LAKE CIVIC CENTER INC
    P O BOX 1040
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY COMMUNITY RECREATIONAL FACILITY 5,100
    SARANAC LAKE FREE LIBRARY
    109 MAIN STREET
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY SUPPORT PUBLIC LIBRARY 750
    SARANAC LAKE ROTARY FOUNDATION
    P O BOX 628
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY TO ACQUIRE AND PROVIDE RESOURCES TO NON-PROFIT ORGANIZATIONS AND MUNICIPALITIES FOR CHARITABLE WORK, EDUCATIONAL PROJECTS AND PUBLIC IMPROVEMENTS. 500
    SARANAC LAKE VOLUNTEER FIRE COMPANY INC
    P O BOX 509
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY SUPPORT LOCAL FIRE SERVICES 500
    SARANAC LAKE VOLUNTEER RESCUE SQUAD INC
    PO BOX 431
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY LOCAL RESCUE AND EMT SERVICES 500
    SEACOAST SCIENCE CENTER
    570 OCEAN BLVD
    RYE,NH03870     		N/A PUBLIC CHARITY OCEAN EDUCATION 1,100
    SOUTHEAST LAND TRUST OF NH
    12 CENTER STREET 2ND FLOOR
    EXETER,NH03833     		N/A PUBLIC CHARITY STEWARDSHIP AND PROTECTION OF LAND 1,000
    ST MICHAEL AND ALL ANGELS EPISCOPAL CHURCH
    2304 PERIWINKLE WAY
    SANIBEL,FL33957     		N/A CHURCH MINISTRY 2,500
    SWARTHMORE COLLEGE
    1219 VINE STREET FLOOR 3
    SWARTHMORE,PA19081     		N/A PRIVATE EDUCATION IN SUPPORT EDUCATION 1,200
    TAHIRIH JUSTICE CENTER
    6402 ARLINGTON BLVD STE 300
    FALLS CHURCH,VA22042     		N/A PUBLIC CHARITY SUPPORT SERVICES FOR THE PROTECTION OF VICTIMS OF GENDER-BASED VIOLENCE 2,500
    THE MAYHEW PROGRAM
    P O BOX 120
    BRISTOL,NH03222     		N/A PUBLIC CHARITY CHALLENGES AND HELPS AT-RISK NEW HAMPSHIRE BOYS TO BELIEVE IN THEMSELVES, WORK WELL WITH OTHERS AND FIND THEIR BEST. 450
    THE SIERRA CLUB FOUNDATION
    85 SECOND ST STE 750
    SAN FRANCISCO,CA94105     		N/A PUBLIC CHARITY MAKE PEOPLE AWARE OF AND FIGHT FOR RESPONSIBLE ENVIRONMENTAL ISSUES 1,550
    TRI-LAKES HUMANE SOCIETY
    P O BOX 1111
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY SUPPORT THE LOCAL ANIMAL SHELTER 1,500
    TRUDEAU INSTITUTE
    P O BOX 59
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY PROMOTE SCIENTIFIC RESEARCH 500
    TUFTS UNIVERSITY
    274 TREMONT STREET
    BOSTON,MA02111     		N/A PRIVATE EDUCATION IN SUPPORT OF EDUCATION 300
    UNH INSTITUTE ON DISABILITY
    10 WEST EDGE DRIVE SUITE 101
    DURHAM,NH03824     		N/A PUBLIC EDUCATION INS SUPPORT FOR IMPROVEMENT OF KNOWLEDGE, POLICIES AND PRACTICES RELATED TO THE LIVES OF PEOPLE WITH DISABILITIES AND THEIR FAMILIES 8,600
    UNICEF USA
    125 MAIDEN LANE
    NEW YORK,NY10038     		N/A PUBLIC CHARITY SUPPORT FOR THE WORK FOR SURVIVAL, PROTECTION & DEVELOPMENT OF CHILDREN 300
    UNITED LUTHERAN SEMINARY
    7301 GERMANTOWN AVENUE
    PHILADELPIHIA,PA19119     		N/A PRIVATE EDUCATION IN SUPPORT FOR EDUCATION 20,000
    UPPER SARANAC LAKE FOUNDATION INC
    P O BOX 564
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY INSURE WATER QUALITY OF UPPER SARANAC LAKE 20,000
    USO
    P O BOX 96860
    WASHINGTON,DC200777677     		N/A PUBLIC CHARITY SUPPORT US TROOPS 1,400
    VARIOUS CHARITIES (250 OR LESS EACH)
    PO BOX 1356
    SARANAC LAKE,NY12983     		N/A PUBLIC CHARITY MISCELLANEOUS ORGANIZED CHARITIES 3,550
    VETERANS OF FOREIGN WARS DEPT OF NY
    911 CENTRAL AVE 177
    ALBANY,NY12206     		N/A PUBLIC CHARITY TO SECURE RIGHTS AND BENEFITS FOR VETERANS 302
    VIBRANT EMOTIONAL HEALTH
    50 BROADWAY FL 19
    NEW YORK,NY10004     		N/A PUBLIC CHARITY SUPPORT SUICIDE PREVENTION PROGRAMS 300
    WOMEN FOR WOMEN INTL
    PO BOX 9224
    CENTRAL ISLIP,NY11722     		N/A PUBLIC CHARITY SUPPORT FOR ORGANIZATION PROVIDING PRACTICAL AND MORAL SUPPORT TO WOMEN SURVIVORS OF WAR 1,000
    WOUNDED WARRIOR PROJECT
    4899 BELFORT ROAD STE 300
    JACKSONVILLE,FL32256     		N/A PUBLIC CHARITY SUPPORT FOR VETERANS AND SERVICE MEMBERS WHO INCURRED PHYSICAL OR MENTAL INJURY, ILLNESS OR WOUND WHILE SERVING IN THE MILITARY ON OR AFTER 9/11/2001 1,750
    Total .................................bullet 3a 242,927
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 200  
    4 Dividends and interest from securities....     14 62,398  
    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 ............     		    18 201,314  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aENTERPRISE PRODUCTS PARTNERS L P     		    41 5,016  
    bPLAINS ALL AMERICAN PIPELINE, L. P.     41 -7,675  
    cCOMPASS DIVERSIFIED HLDGS     41 -132  
    dFROG LANE CORP     41 -377  
    eRACQUETTE FLOW CORP     41 2,986  
    12 Subtotal. Add columns (b), (d), and (e).. 0 263,730 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    263,730
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    STARITCH FOUNDATION INC
     
    Employer identification number

    14-1827670
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    STARITCH FOUNDATION INC
          		Employer identification number
    14-1827670
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JAMES M RITCHIE
     
    PO BOX 1356
     
    SARANAC LAKE, NY129837356

    		$ 49,203


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    CHARLES L RITCHIE JR 2005 TR
     
    PO BOX 1356
     
    SARANAC LAKE, NY129837356

    		$ 17,133


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    STARITCH FOUNDATION INC
          		Employer identification number

    14-1827670
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 200 SH TELEFLEX INC $ 49,203 2018-03-01
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    STARITCH FOUNDATION INC
          		Employer identification number

    14-1827670
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    STARITCH FOUNDATION INC
    EIN:
    14-1827670
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      26,550 0   0

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    STARITCH FOUNDATION INC
    EIN:
    14-1827670
    Name of Stock End of Year Book Value End of Year Fair Market Value
    500 SH AIR PRODUCTS & CHEMICALS INC 69,453 80,025
    1000 SH FASTENAL CO 44,747 52,290
    1000 SH FMC CORP 53,264 73,960
    500 SH TELEFLEX INC 109,602 129,240
    120 SH FROG LANE CORP 28,249 29,000
    1538 SH DOWDUPONT 53,716 82,252
    1000 SH CELGENE CORP 106,386 64,090
    1300 SH SCHLUMBERGER LTD 104,010 46,904
    1400 SH QUALCOMM INC 80,845 79,674
    2000 SH AT & T 72,461 57,080
    1500 SH GLAXOSMITHKLINE 61,190 57,315
    15000 SH RITE AID CORP 92,131 10,625
    2000 SH CISCO SYSTEMS INC 51,102 86,660
    2000 SH EXXON MOBIL CORP 164,601 136,380
    2125 SH CORNING INC 47,766 64,196
    400854.869 SH GOLDMAN SACHS TR 401,160 400,895
    3300 SH I SHARES SILVER TRUST 58,225 47,916
    400 SH ECOLAB INC 50,484 58,940
    400 SH MASTERCARD 45,710 75,460
    400 SH SPDR GOLD TRUST 45,213 48,500
    500 SH UNITED TECHNOLOGIES 59,189 53,240
    432 SH IBM 76,049 49,105
    500 SH AMERICAN TOWER CORP 47,957 79,095
    700 SH UNIVERSAL DISPLAY 76,675 65,499
    4000 SH HOLOGIC INC 175,980 164,400
    5000 SH SANGAMO BIOSCIENCES INC 47,000 57,400
    60.125 SH RACQUETTE FLOW CORP 58,753 54,656
    6000 SH TEVA PHARMACEUTICALS 129,422 92,520
    60755 SH PROTALEX INC 98,719 6,683
    700 SH APPLE INC 47,192 110,418
    700 SH JP MORGAN CHASE 59,329 68,334
    795 SH CERNER CORP 27,607 41,690
    8000 SH PURECYCLE CORP 31,780 79,440
    810 SH PHILLIPS 66 62,504 69,782
    650 SH INTUITIVE SURGICAL 177,363 311,298
    200 SH ABIOMED INC 76,130 65,008
    300 SH ANSYS INC 52,248 42,882
    400 SH HOME DEPOT INC 70,651 68,728
    400 SH HONEYWELL INTERNATIONAL INC 57,705 52,848
    200 SH ILLUMINA INC 46,083 59,986
    500 SH INTERCEPT PHARMACEUTICALS INC 51,625 50,395
    3000 SH OPIANT PHARMACEUTICALS INC 50,401 43,350
    600 SH SALESFORCE.COM 81,623 82,182
    750 SH WABTEC 60,412 52,688
    600 SH XPO LOGISTICS INC 60,943 34,224

    TY 2018 InvestmentsOtherSchedule2
    Name:
    STARITCH FOUNDATION INC
    EIN:
    14-1827670
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    2000 UTS ENTERPRISE PRODUCTS PARTNERS AT COST 13,684 49,180
    5000 UTS PLAINS ALL AMERICAN PIPELINE, L.P. AT COST 89,133 100,200

    TY 2018 OtherAssetsSchedule
    Name:
    STARITCH FOUNDATION INC
    EIN:
    14-1827670
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST AND DIVIDENDS RECEIVABLE 632 1,254 1,254


    TY 2018 OtherExpensesSchedule
    Name:
    STARITCH FOUNDATION INC
    EIN:
    14-1827670
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WELLS FARGO ADVISORY FEES 17,269 0   0
    INVESTMENT EXPENSES/ADR FEES 30 0   0
    FILING FEE 250 0   0
    POSTAGE 75 0   0


    TY 2018 OtherIncomeSchedule2
    Name:
    STARITCH FOUNDATION INC
    EIN:
    14-1827670
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ENTERPRISE PRODUCTS PARTNERS L P 5,016   5,016
    PLAINS ALL AMERICAN PIPELINE, L. P. -7,675   -7,675
    COMPASS DIVERSIFIED HLDGS -132   -132
    FROG LANE CORP -377   -377
    RACQUETTE FLOW CORP 2,986   2,986


    TY 2018 SubstantialContributorsSch
    Name:
    STARITCH FOUNDATION INC
    EIN:
    14-1827670
    Name Address
    CHARLES L RITCHIE JR - DECEASED PO BOX 1356
    SARANAC LAKE,NY129837356
    ANNE S RITCHIE HOLUM - DECEASED PO BOX 1356
    SARANAC LAKE,NY129837356
    DOROTHY N RITCHIE-VALHOULI PO BOX 1356
    SARANAC LAKE,NY129837356
    JAMES M RITCHIE PO BOX 1356
    SARANAC LAKE,NY129837356
    MARY ANNE RITCHIE - DECEASED PO BOX 1356
    SARANAC LAKE,NY129837356
    ROBERT M HOLUM PO BOX 1356
    SARANAC LAKE,NY129837356
    SALLY B RITCHIE PO BOX 1356
    SARANAC LAKE,NY129837356
    ROBERT W DEVORE PO BOX 1356
    SARANAC LAKE,NY129837356
    ALEXANDER R VALHOULI PO BOX 1356
    SARANAC LAKE,NY129837356
    JAMES R VALHOULI PO BOX 1356
    SARANAC LAKE,NY129837356
    SOLVEIG A HOLUM PO BOX 1356
    SARANAC LAKE,NY129837356
    RITCHIE CRUT UA 11242000
          		PO BOX 1356
    SARANAC LAKE,NY129837356
    CHARLES L RITCHIE JR 2005 TR
          		PO BOX 1356
    SARANAC LAKE,NY129837356


    TY 2018 TaxesSchedule
    Name:
    STARITCH FOUNDATION INC
    EIN:
    14-1827670
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 9,578 0   0