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
Lintilhac Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)886 Northgate Road
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Shelburne, VT05482
A Employer identification number

35-2558724
B Telephone number (see instructions)

(802) 985-4106
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$20,441,823
J 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) 329,426
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 450,439 450,439  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,378,040
b Gross sales price for all assets on line 6a 12,140,804
7 Capital gain net income (from Part IV, line 2)... 1,378,040
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)..... 0  
11 Other income (attach schedule)....... 0    
12 Total. Add lines 1 through 11........ 2,157,905 1,828,479  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,000 0   10,000
14 Other employee salaries and wages...... 57,149 0   57,149
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 86,947 140   86,807
b Accounting fees (attach schedule)....... 6,877 3,439   3,439
c Other professional fees (attach schedule).... 307,648 129,628   178,020
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 30,965 6,593   4,372
19 Depreciation (attach schedule) and depletion... 7,174 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 14,076 0   14,076
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 33,713 1,393   31,449
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 554,549 141,193   385,312
25 Contributions, gifts, grants paid....... 830,430 830,430
26 Total expenses and disbursements. Add lines 24 and 25 1,384,979 141,193   1,215,742
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 772,926
b Net investment income (if negative, enter -0-) 1,687,286
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............. 19,479 149,008 149,008
2 Savings and temporary cash investments......... 2,827,560 2,015,814 2,015,814
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 442,691 Click to see attachment526,003 524,112
b Investments—corporate stock (attach schedule)....... 11,564,946 Click to see attachment12,317,543 12,373,772
c Investments—corporate bonds (attach schedule)....... 4,893,268 Click to see attachment5,510,236 5,333,232
11 Investments—land, buildings, and equipment: basis bullet79,913
Less: accumulated depreciation (attach schedule) bullet52,319 33,511 Click to see attachment27,594 27,594
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 18,291 Click to see attachment18,291 18,291
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,799,746 20,564,489 20,441,823
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment9,618 Click to see attachment900
23 Total liabilities (add lines 17 through 22)......... 9,618 900
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........ 19,790,128 20,563,589
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 19,790,128 20,563,589
31 Total liabilities and net assets/fund balances (see instructions). 19,799,746 20,564,489
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
19,790,128
2
Enter amount from Part I, line 27a .....................
2
772,926
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
555
4
Add lines 1, 2, and 3 ..........................
4
20,563,609
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
20
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
20,563,589
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 Publicly Traded Securities P    
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 12,140,804 0 10,762,764 1,378,040
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a 0 0 0 1,378,040
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,378,040
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 1,129,398 20,378,539 0.055421
2016 1,089,013 18,811,402 0.057891
2015 1,110,705 19,729,483 0.056297
2014 1,099,208 19,869,863 0.055320
2013 1,061,503 18,595,307 0.057084
2
Total of line 1, column (d) .....................
2
0.282013
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
0.056403
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
21,330,883
5
Multiply line 4 by line 3......................
5
1,203,126
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
16,873
7
Add lines 5 and 6........................
7
1,219,999
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,215,742
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 33,746
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 33,746
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 33,746
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 45,466
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -45466 7 45,466
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,720
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet11,720 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
    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)
    bulletDE
    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 addressbulletwww.lintilhacfoundation.org
    14
    The books are in care ofbulletNancy Brink Telephone no.bullet (802) 985-4106

    Located atbullet886 Northgate RoadShelburneVT ZIP+4bullet05482
    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
     
     
    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
    Crea S Lintilhac Executive Director
    40.00
    0 0 0
    886 Northgate Road
    Shelburne,VT05482
    Louise S Lintilhac President
    6.00
    5,000 0 0
    886 Northgate Road
    Shelburne,VT05482
    William S Lintilhac Vice-President
    5.00
    5,000 0 0
    886 Northgate Road
    Shelburne,VT05482
    Philip M Lintilhac Secretary/Treasurer
    5.00
    0 0 0
    886 Northgate Road
    Shelburne,VT05482
    Paul S Lintilhac Director
    5.00
    0 0 0
    886 Northgate Road
    Shelburne,VT05482
    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
    Nancy Brink Foundation Administr
    40.00
    57,149 0 0
    886 Northgate Road
    Shelburne,VT05482
    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
    InTrack Investment Management Investment Management Services 129,628
    1233 Shelburne Road
    South Burlington,VT05403
    Watershed Consulting Associates Water Quality Testing and Monitoring 84,961
    208 Flynn Avenue Suite 2
    Burlington,VT05401
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 None 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 None 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    19,256,882
    b
    Average of monthly cash balances.......................
    1b
    2,398,837
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,655,719
    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
    21,655,719
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    324,836
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,330,883
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,066,544
    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
    1,066,544
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    33,746
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    33,746
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,032,798
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,032,798
    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
    1,032,798
    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
    1,215,742
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,215,742
    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
    1,215,742
    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 1,032,798
    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  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 154,450
    b From 2014...... 157,545
    c From 2015...... 133,003
    d From 2016...... 165,879
    e From 2017...... 133,539
    fTotal of lines 3a through e........ 744,416
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,215,742
    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..... 1,032,798
    e Remaining amount distributed out of corpus 182,944
    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 5 927,360
    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......
     
    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) .......
     
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    154,450
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    772,910
    10 Analysis of line 9:
    a Excess from 2014.... 157,545
    b Excess from 2015.... 133,003
    c Excess from 2016.... 165,879
    d Excess from 2017.... 133,539
    e Excess from 2018.... 182,944
    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).)
    None
    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.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Crea S Lintilhac
    886 Northgate Road
    Shelburne,VT05482
    (802) 985-4106
    bThe form in which applications should be submitted and information and materials they should include:
    See attached statement.
    cAny submission deadlines:
    There are no deadlines. Grants will be awarded semiannually.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    See attached statement.
    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
    350Vermontorg
    255 South Champlain Street
    Burlington,VT05401
      PC OperatingSupport 5,000
    Addison County Community Action Group
    PO Box 65
    Middlebury,VT05443
      PC Peer toPeer EngagementSeries 10,000
    American Museum of Tort Law Inc
    654 Main Street
    Winsted,CT06098
      PC Civic Engagementfor Youth,A Way Forward 5,000
    American Sustainable Business Institute
    1401 New York Avenue NW 1225
    Washington,DC20005
      PC Making the Business Case fora Clean Water andRegenerative Agriculture Economy in VT 10,000
    Burke Mountain Academy
    PO Box 78
    East Burke,VT05832
      PC AnnualSupport 1,000
    Catamount Outdoor Family Center
    592 Governor Chittenden Road
    Williston,VT05495
      PC CatamountCommunityForest 10,000
    Catamount Trail Association
    One Mill Street 350
    Burlington,VT05401
      PC VermontBackcountryAlliance 5,000
    Center for Technology Essex
    3 Educational Drive
    Essex Junction,VT05452
      PC LintilhacCareer ChallengeScholarship 1,500
    Citizen Awareness Network
    PO Box 83
    Shelburne Falls,MA01370
      PC NuclearFreeNew England 5,000
    Connecticut River Watershed Council
    15 Bank Row
    Greenfield,MA01301
      PC Creating and EnforcingStrong EnvironmentalStandards in Vermont 24,580
    Conservation Law Foundation
    62 Summer Street
    Boston,MA02110
      PC Vermont CleanWater & EnergyPriorities 50,000
    Democracy Now
    207 West 25th Street 11th Floor
    New York,NY10001
      PC AnnualSupport 2,000
    Friends of the Waterbury Reservoir
    PO Box 341
    Waterbury Center,VT05677
      PC Operating and ScholarshipSupport 3,000
    Governors Institutes of Vermont
    100 State Street
    Montpelier,VT05602
      PC Supporting EnvironmentalScience and Technology 6,000
    Green Mountain Club Inc
    4711 Waterbury-Stowe Road
    Waterbury Center,VT05677
      PC BackcountryCaretakerProgram 8,000
    Hunger Free Vermont
    38 Eastwood Drive Suite 100
    South Burlington,VT05403
      PC GeneralSupport 30,000
    Intervale Center
    180 Intervale Road
    Burlington,VT05401
      PC Conservation, Recreation and LocalFood Production in the Lower Winooski Valley 10,000
    Keeping Track
    PO Box 444
    Huntington,VT05462
      PC Support for Wildlife and HabitatsPublication 3,000
    Lake Champlain Committee Inc
    106 Main Street 200
    Burlington,VT05401
      PC WaterProtectionAdvocacy 20,000
    Lake Champlain International Inc
    531 Main Street
    Colchester,VT05446
      PC Building aVermont CleanWater Economy 25,000
    Lake Champlain Land Trust
    One Main Street
    Burlington,VT05401
      PC Rock PointConservation andRecreation Area 5,000
    Lake Champlain Maritime Museum Inc
    PO Box 4092
    Vergennes,VT05491
      PC AnnualSupport 1,000
    LEAD International
    PO Box 1103
    Montpelier,VT05601
      PC UnrestrictedSupport 1,000
    LEAD International
    PO Box 1103
    Montpelier,VT05601
      PC Vermont Chapter of American College of Nurse-Midwives 5,000
    Lewis Creek Watershed Association
    PO Box 313
    Charlotte,VT05445
      PC Ahead of the Storm Support 5,000
    Middlebury College
    14 Old Chapel Road
    Middlebury,VT05753
      PC High ResolutionMapping of LakeChamplain Bottom 15,000
    Montpelier Area Mtn Bike Association
    PO Box 1091
    Montpelier,VT05601
      PC North BranchTrailsInitiative 10,000
    New England Coalition
    PO Box 545
    Brattleboro,VT05302
      PC Greening of VermontYankee 5,000
    NOFA-Vermont
    PO Box 697
    Richmond,VT05477
      PC SupportConference andRallies 1,000
    Northeast Wilderness Trust
    17 State Street 302
    Montpelier,VT05602
      PC BramhallBridgewaterPreserve 10,000
    Northern Forest Center
    18 Main Street Suite 204
    Concord,NH03301
      PC AdvancingModern WoodHeat 10,000
    Peace and Justice Center
    60 Lake Street 1C
    Burlington,VT05401
      PC Save OurSkiesVermont 1,000
    Protect Our Winters
    311 Mapleton Avenue 221A
    Boulder,CO80304
      PC POW NE Climate ActionInitiative 5,000
    Regeneration Vermont Inc
    135 London Lane
    Hardwick,VT05843
      PC Vermont RisingBeyondDairy 15,000
    Renewable Energy Vermont Education Fund
    PO Box 1036
    Montpelier,VT05601
      PC UnrestrictedGrant 1,000
    The Sanders Institute
    131 Church Street
    Burlington,VT05401
      PC Fall Conference,The Gathering 5,000
    Shelburne Farms
    1611 Harbor Road
    Shelburne,VT05482
      PC Special Project 15,000
    Shelburne Firefighters Association
    PO Box 911
    Shelburne,VT05482
      PC AnnualSupport 1,000
    Shelburne Museum
    PO Box 10
    Shelburne,VT05482
      PC AnnualSupport 2,000
    Shelburne Rescue Squad
    PO Box 291
    Shelburne,VT05482
      PC AnnualSupport 1,000
    Shelburne Town Center Project
    5376 Shelburne Road
    Shelburne,VT05482
      PC SpecialProject 1,000
    The Skidmore Fund
    815 North Broadway
    Saratoga Springs,NY12866
      PC OperatingSupport 1,000
    Special Olympics of Vermont
    16 Gregory Drive 2
    South Burlington,VT05403
      PC 50th AnniversarySupport 1,000
    Spruce Peak Arts Center Foundation
    122 Hourglass Drive
    Stowe,VT05672
      PC Spruce Peak Communityand EducationFund 1,000
    Strolling of the Heifers
    105 Patridge Road
    East Dummerston,VT05346
      PC Slow LivingSummit and General Support 2,000
    Toxic Action Center Inc
    141 Main Street 6
    Montpelier,VT05602
      PC Clean Waterfor a HealthyVermont 10,000
    The University of Vermont Foundation
    411 Main Street
    Burlington,VT05401
      PC Climate Change &Recreation-VideoProject 5,000
    The University of Vermont Foundation
    411 Main Street
    Burlington,VT05401
      PC Visiting Professorship ofEnvironmental Leadership and PolicySupport 24,000
    The University of Vermont Foundation
    411 Main Street
    Burlington,VT05401
      PC Special Projectfor health of ShelburnePond and Farm fields 30,000
    The University of Vermont Foundation
    411 Main Street
    Burlington,VT05401
      PC Simulating PhosphorousIndices at the Farm Scalein Vermont 15,000
    The University of Vermont Foundation
    411 Main Street
    Burlington,VT05401
      PC Quantifying Nature-BasedSolutions to Phosphorousin Lake Champlain 42,800
    The University of Vermont Foundation
    411 Main Street
    Burlington,VT05401
      PC Support of the VermontWater Center 12,000
    The University of Vermont Foundation
    411 Main Street
    Burlington,VT05401
      PC Rubenstein School of Environmental & NaturalResources discretionary fund 1,500
    Trust for Public Land
    3 Shipman Place
    Montpelier,VT05602
      PC Victory HillConservationProject 15,000
    University of Vermont Medical Center
    111 Colchester Avenue
    Burlington,VT05401
      PC DermatologyResidentEducation Fund 5,000
    University of Vermont Medical Center
    111 Colchester Avenue
    Burlington,VT05401
      PC EnrichingMidwiferyServices 55,000
    Vermont Association of Snow Travelers Inc
    26 Vast Lane
    Barre,VT05641
      PC Lamoille Valley Rail Trail 8,000
    The Vermont Center for Ecostudies Inc
    PO Box 420
    Norwich,VT05055
      PC Vermont VernalPond MonitoringProject 5,000
    Vermont Council on Rural Development
    PO Box 1384
    Montpelier,VT05601
      PC VermontClimate EconomyInitiative 5,000
    Vermont Family Forests Foundation
    14 School Street
    Bristol,VT05443
      PC VermontReptile andAmphibian Atlas 9,500
    Vermont Foodbank
    33 Parker Road
    Barre,VT05641
      PC AnnualSupport 1,000
    Vermont Huts Association
    262 Cady Hill Road
    Stowe,VT05672
      PC Chittenden Brook Hut 10,000
    Vermont Journalism Trust
    64 Main Street
    Montpelier,VT05602
      PC AnnualSupport 15,000
    Vermont Mountain Bike Association
    PO Box 2055
    So Burlington,VT05407
      PC OperatingSupport 15,000
    Vermont Natural Resource Council
    9 Bailey Avenue
    Montpelier,VT05602
      PC CultivatingEnvironmental Leadershipin Vermont 25,000
    Vermont Natural Resource Council
    9 Bailey Avenue
    Montpelier,VT05602
      PC LaplatteRiverSupport 20,000
    Vermont Natural Resource Council
    9 Bailey Avenue
    Montpelier,VT05602
      PC Collaboration to Advance MultipleConservation & CleanWater Goals 35,000
    Vermont Parks Forever
    PO Box 815
    Montpelier,VT05601
      PC AnnualSupport 1,500
    Vermont Public Television
    88 Ethan Allen Avenue
    Colchester,VT05446
      PC VPR & Vermont PBS 2018Polling Collaboration 5,000
    Vermont Public Television
    88 Ethan Allen Avenue
    Colchester,VT05446
      PC VermontThisWeek 15,000
    Vermont Public Interest Research & Education Fund
    141 Main Street 6
    Montpelier,VT05602
      PC EnergyIndependentVermont 35,000
    Vermont Public Radio
    365 Troy Avenue
    Colchester,VT05446
      PC VermontEdition 15,000
    Vermont Youth Conservation Corps Inc
    1949 East Main Street
    Richmond,VT05477
      PC Young Vermonters Workingfor Watershed Healthand Backcountry Access 10,000
    Vermont Youth Cycling Inc
    PO Box 2055
    So Burlington,VT05407
      PC StatewideOutreach 5,000
    Vital Communities Inc
    195 North Main Street
    White River Jct,VT05001
      PC OperatingSupport 7,000
    Waterbury LEAP
    1536 Loomis Hill Road
    Waterbury Center,VT05677
      PC Expanding theRenewable EnergyEconomy 1,000
    Woods Hole Oceanographic Institute
    266 Woods Hole Road
    Woods Hole,MA02543
      PC AnnualSupport 5,000
    Yestermorrow Inc
    7865 Main Street
    Waitsfield,VT05673
      PC Certificate inBuilding Scienceand Net Zero Design 5,000
    Various Public Charities less than 1000
    866 Northgate Road
    Shelburne,VT05482
      PC OperatingSupport 8,050
    Total .................................bullet 3a 830,430
    bApproved for future payment
    The University of Vermont Medical Center
    111 Colchester Avenue
    Burlington,VT05401
      PC Midwiferyproject. 55,000
    The University of Vermont Foundation
    411 Main Street
    Burlington,VT05401
      PC Simulating PhosphorousIndices at the FarmScale in Vermont 15,000
    Total .................................bullet 3b 70,000
    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 ...........
             
    4 Dividends and interest from securities....     14 450,439  
    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 1,378,040  
    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)..   1,828,479  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,828,479
    (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:  
    Part VI Line 7 -Original Return Overpayment: -45,466


    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
    Lintilhac Foundation Inc
     
    Employer identification number

    35-2558724
    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
    Lintilhac Foundation Inc
     
    Employer identification number
    35-2558724
    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
    Claire D Lintilhac Annuity Trust I  
    c/o Ann Binder 4550 New Linden Road
     
    Wilmington, DE19808

    $ 329,426


    (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.)
    (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
    Lintilhac Foundation Inc
     
    Employer identification number

    35-2558724
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    Lintilhac Foundation Inc
     
    Employer identification number

    35-2558724
    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:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Vergennes VT Accountants Accounting Services 6,877 3,439   3,439

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

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly Traded Securities   Purchased   Unrelated Third Parties 12,140,804 10,762,764     1,378,040  

    TY 2018 GeneralExplanationAttachment
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Identifier Return Reference Explanation
      Part XV Line 2 b) Form and Content of Applications All applications must be submitted online at www.lintilhacfoundation.org.All applications must be submitted online at www.lintilhacfoundation.org.All applications must be submitted online at www.lintilhacfoundation.org.All applications must be submitted online at www.lintilhacfoundation.org.All applications must be submitted online at www.lintilhacfoundation.org.All applications must be submitted online at www.lintilhacfoundation.org.All applications must be submitted online at www.lintilhacfoundation.org.All applications must be submitted online at www.lintilhacfoundation.org.All applications must be submitted online at www.lintilhacfoundation.org.
      Part XV Line 2 d) Restrictions and Limitations on Awards There are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations servingThere are two core areas for grantmaking to organizations serving

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Name of Bond End of Year Book Value End of Year Fair Market Value
    100,000 American Express Co. Bond Pertepual 101,950 95,750
    100,000 General Electric Co. Bond Perpetual 90,620 76,500
    100,000 JP Morgan Chase & Co. Bond Perpetual 102,375 96,500
    100,000 PNC Finl Svcs Groups Inc. Bond 103,750 91,500
    50,000 Suntrust Banks Inc. Bond Perpetual 51,188 43,875
    150,000 Prospect Capital Corporation Note 154,975 150,315
    10,000 BB&T Corp. Sr Medium Term Nts Mtn 10,006 10,000
    200,000 Ford Motor Credit Co. LLC Note 200,171 199,856
    36,000 Citigroup Global Mkts Hldgs IN Mtn 35,874 35,737
    93,000 Morgan Stanley D W Disc Srs Mtn 93,003 93,000
    200,000 Ford Motor Credit Co. LLC Note 201,120 197,950
    50,000 Toyota Motor Credit Corp Mtn 49,647 49,547
    100,000 Embraer Overseas Ltd Bond Call 103,391 102,351
    124,000 Toyota Motor Credit Corp. Mtn 124,148 123,955
    125,000 Morgan Stanley D W Disc Srs Mtn 126,071 120,625
    100,000 Prospect Capital Corporation Note 101,026 98,914
    100,000 Morgan Stanley D W Disc Srs Mtn 98,992 98,750
    50,000 Bank of America Corp. Mtn 50,018 48,937
    23,000 Autodesk Inc. Note Call 22,877 22,909
    20,000 Barclays Bank PLC Mtn 20,389 19,804
    250,000 Australia & New Zealand Bkg Grp NY 245,423 246,027
    50,000 Xerox Corporation Call 47,333 48,006
    50,000 Crown Castle Intl Corp. New Note 49,845 49,983
    100,000 Teva Pharmaceutical Fin Co. BV Note 100,215 94,746
    110,000 Wyndham Destination Inc. Note 111,329 105,050
    100,000 Ford Motor Credit Company Mtn 99,675 95,838
    100,000 Sherwin Williams Co. Note Call 96,450 96,801
    100,000 Canadian Imperial Bank Comm Mtn 98,770 92,904
    30,000 Autodesk Inc. Note Call 29,690 29,745
    50,000 Zoetis Inc. Note Call 47,915 49,244
    100,000 AT&T Inc. Note Call 99,950 99,380
    100,000 Bank America Corporation Mtn 101,997 101,357
    25,000 MacQuarie Infrastructure Corp 24,632 21,633
    50,000 Barclay Bank PLC Mtn 49,810 48,385
    50,000 American Campus Communities Oper Note 51,663 50,217
    200,000 Citizens Financial Group Note 198,608 194,726
    200,000 Mexico(United Mexican States) Mtn 199,130 190,800
    100,000 Lazard LLC Note Call 99,780 96,995
    85,000 Autodesk Inc. Note Call 85,062 85,887
    50,000 American International Group Inc Note 49,477 47,873
    100,000 Goldman Sachs Group Inc. Note 101,888 95,762
    50,000 Morgan Stanley Mtn 49,011 46,375
    25,000 GS Fin Corporation Mtn 24,832 22,510
    25,000 Societe Generale Mtn 24,195 21,280
    20,000 GS Financial Corporation Mtn 19,820 17,946
    50,000 Credit Suisse Ag Nassau BRH ME Mtn 48,520 37,800
    25,000 GS Financial Corporation Mtn 22,895 21,444
    50,000 Morgan Stanley Mtn 50,020 47,745
    50,000 Morgan Stanley Finance LLC Mtn 49,520 49,007
    100,000 Morgan Stanley Mtn 80,520 55,125
    53 America International Group Inc. WTS Exp 895 288
    110,000 Barclays Bank Del Wilmington CD 109,445 109,109
    50,000 Barclays Bank Del Wilmington CD 49,060 48,435
    250,000 Capital One Bank USA Natl Assn 249,063 244,538
    50,000 HSBC Bank USA NA CD Zero CPN 54,262 65,140
    1,000 Prologis Inc. Com 65,032 58,720
    68,000 Salem Five Cents Svgs Bank MA CD 68,020 69,147
    1,000 Taubman Centers Inc. 57,063 45,490
    7,000 Wells Fargo Bank NA CD Zero CPN 7,830 6,943
    64,806shs Fidelity Conservative Income Bond Fund 650,000 648,056

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Name of Stock End of Year Book Value End of Year Fair Market Value
    17,024sh Goldman Sachs Emerging Markets Equity 325,000 315,797
    15,411sh Goldman Sachs Absolute Return 150,000 140,240
    26,954sh Goldman Sachs GQG Partners International 350,000 327,764
    2,000sh Athene Holding Ltd Com 84,405 79,660
    1,000sh Eaton Corporation PLC 73,789 68,660
    3,000sh Norwegian Cruise Line Hldg Ltd 164,780 127,170
    7,000sh Logitech International SA 243,405 218,960
    5,000sh AT&T Inc. Com USD1 155,755 142,700
    3,000sh Activision Blizzard Inc. Com 194,366 139,710
    6,000sh Advanced Micro Devices Inc. 122,336 110,760
    2,000sh Alaska Air Group Inc. 128,457 121,700
    2,000sh Alibaba Group Hldg Ltd 287,211 274,140
    450sh Alphabet Inc. 345,034 466,025
    2,000sh American Elec Pwr Co. 137,105 149,480
    1,000sh America Wtr Wks Co. Inc. New Com 87,294 90,770
    2,000sh Apple Inc. 361,432 315,480
    13,000sh Bank of America Corporation 240,027 320,320
    1,500sh Biogen Inc. 425,402 451,380
    200sh Booking Hldgs Inc. Com 393,174 344,484
    1,000sh China Mobile Ltd Spon ADR 52,088 48,000
    5,000sh Cisco Sys Inc. Com 230,698 216,650
    6,000sh Citigrop Inc. Com 304,201 312,360
    300sh Constellation Brands Inc. Cl A 62,832 48,246
    5,000sh Danaher Corporation 341,883 515,600
    2,000sh Dassault Systems Sponsored ADR 181,197 237,088
    2,500sh Walt Disney Company 254,123 274,125
    2,000sh Electronic Arts 196,520 157,820
    12,000sh General Electric Company 84,865 90,840
    1,200sh Goldman Sachs Group Inc. 318,716 200,460
    200sh Home Depot Inc. Com 34,586 34,364
    5,000sh Intel Corporation 201,445 234,650
    2,500 JP Morgan Chase & Co. 263,023 244,050
    4,000 JD Com Inc. 167,915 83,720
    1,500sh Johnson and Johnson 182,825 193,575
    4,500sh Lowes Companies 372,509 415,620
    400sh Mercadolibre Inc. 129,917 117,140
    4,000sh Microsoft Corporation 312,370 406,280
    3,000sh Naspers Sponsored ADR 104,523 120,636
    3,000sh New York Times Co. 72,170 66,870
    5,000sh Novartis AG Sponsored 425,906 429,050
    1,500sh NVIDA Corporation 230,462 200,250
    1,800sh Palo Alto Networks Inc. 330,812 339,030
    13,000sh Peoples United Financial Inc. 203,213 187,590
    2,000sh Pepsico Inc. 225,135 220,960
    7,000sh Pfizer Inc. 254,087 305,550
    7,000sh Ping An Ins Group Co. China Ltd 136,324 123,648
    3,000sh Procter & Gamble Company 239,315 275,760
    4,000sh Simulations Plus Inc. Com 64,794 79,600
    4,000sh Softbank Group Corporation Unsponsored 171,087 133,164
    1,000sh Square Inc. 53,653 56,090
    2,000sh Starbucks Corporation Com 102,997 128,800
    2,000sh Stryker Corporation 287,160 313,500
    4,000sh Tencent Hldgs Ltd 216,260 160,424
    3,000sh Tyson Foods Inc. 182,011 160,200
    1,000sh United Technologies Corporation 123,023 106,480
    4,000sh Verizon Communications 206,213 224,880
    1,500sh Visa Inc. 172,120 197,910
    3,000sh Xylem Inc. 205,450 200,160
    2,000sh Zimmer Biomet Holdings Inc. 230,478 207,440
    10,000sh JP Morgan Chase Finl Co. LLC 97,020 83,000
    2,500sh Morgan Stanley SEC 2025 Preferred 22,645 16,992

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    US Government Securities - End of Year Book Value:

    247,662
    US Government Securities - End of Year Fair Market Value:

    248,571
    State & Local Government Securities - End of Year Book Value:


    278,341
    State & Local Government Securities - End of Year Fair Market Value:


    275,541


    TY 2018 InvestmentsLandSchedule2
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Office Equipment, Furniture & Software 79,913 52,319 27,594  

    TY 2018 InvestmentsOtherSchedule2
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Ridgewood Electric Power Trust V   18,291 18,291

    TY 2018 LegalFeesSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bristol VT Attorneys Railway Environmental Issues 16,503     16,503
    Montpelier VT Attorneys Nature Conservancy Project 30,295     30,295
    Montpelier VT Attorneys Vermont Dairy Issues 39,870     39,870
    Burlington VT Attorneys General Counsel 279 140   139


    TY 2018 OtherDecreasesSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Description Amount
    Prior Period Adjustment 20


    TY 2018 OtherExpensesSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Membership Dues 11,570 0   11,570
    Bank Fees 494 0   494
    Transaction Costs 1,106 1,106   0
    IT & Website Expenses 12,728 0   12,728
    Workers Comp Insurance 575 0   575
    Office, Telephone & Postage 5,692 0   5,692
    Advertising 250 0   250
    Miscellaneous Expenses 427 287   140
    Late Filing Fee 871 0   0


    TY 2018 OtherIncreasesSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Description Amount
    Tax Exempt Interest 555


    TY 2018 OtherLiabilitiesSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Description Beginning of Year - Book Value End of Year - Book Value
    Payroll Tax Withholdings 900 900
    Due to the IRS for Over-Refunded Excise Taxes 8,718 0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    So. Burlington Investment Advisors Investment Management Services 129,628 129,628   0
    Huntington, VT Environmental Engineer Laplatte Water Monitoring 1,505 0   1,505
    DC Consultant Food Issues 1,575 0   1,575
    Bennington VT Consultant Water Quality Study 3,825 0   3,825
    Townshend VT Analyst Vermont Dairy Study 3,084 0   3,084
    Burlington VT Consultants Water Quality Study 84,961 0   84,961
    Fort Meyers FL Consultant Water Quality Study 12,250 0   12,250
    Burlington VT Consultant Creative Services 28,133 0   28,133
    Weybridge VT Consultant Literary Services 42,687 0   42,687


    TY 2018 TaxesSchedule
    Name:
    Lintilhac Foundation Inc
    EIN:
    35-2558724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Payroll Taxes 4,372 0   4,372
    Foreign Taxes & ADR Fees 6,593 6,593   0
    Federal Excise Taxes 20,000 0   0