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
FORREST C & FRANCES H LATTNER
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)241 NE 4TH STREET NO C
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DELRAY BEACH, FL33444
A Employer identification number

20-3106502
B Telephone number (see instructions)

(561) 266-9494
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$62,807,584J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 51,908 51,908  
4 Dividends and interest from securities... 465,517 465,517  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,858,861
b Gross sales price for all assets on line 6a 10,073,371
7 Capital gain net income (from Part IV, line 2)... 2,858,861
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 761,449 761,449  
12 Total. Add lines 1 through 11........ 4,137,735 4,137,735  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 229,709 45,942   183,767
14 Other employee salaries and wages...... 150,279 37,570   112,709
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 49,090 49,090   0
c Other professional fees (attach schedule).... Click to see attachment 477,195 477,195   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 122,855 79,838   8,633
19 Depreciation (attach schedule) and depletion... Click to see attachment 8,855 9,845  
20 Occupancy.............. 54,401 16,581   37,820
21 Travel, conferences, and meetings....... 1,758 440   1,318
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 26,708 6,731   20,030
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,120,850 723,232   364,277
25 Contributions, gifts, grants paid....... 3,321,300 3,321,300
26 Total expenses and disbursements. Add lines 24 and 25 4,442,150 723,232   3,685,577
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -304,415
b Net investment income (if negative, enter -0-) 3,414,503
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.............      
2 Savings and temporary cash investments......... 3,901,861 3,634,509 3,634,509
3 Accounts receivable bullet286,996
Less: allowance for doubtful accounts bullet   230,883 286,996 286,996
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.......... 99,026 114,726 114,726
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 60,347,324 Click to see attachment60,247,303 58,648,045
14 Land, buildings, and equipment: basis bullet159,792
Less: accumulated depreciation (attach schedule) bullet36,984 131,663 Click to see attachment122,808 122,808
15 Other assets (describe bullet) Click to see attachment500 Click to see attachment500 Click to see attachment500
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,711,257 64,406,842 62,807,584
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 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 64,711,257 64,406,842
30 Total net assets or fund balances (see instructions)..... 64,711,257 64,406,842
31 Total liabilities and net assets/fund balances (see instructions). 64,711,257 64,406,842
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
64,711,257
2
Enter amount from Part I, line 27a .....................
2
-304,415
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
64,406,842
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
64,406,842
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 99,601.594 SHS PIMCO SHORT ASSET INVESTMENT FD P   2018-03-23
b 943.5795 SHS ELLIOTT INTERNATIONAL LIMITED - CL B P 2012-04-01 2018-04-01
c 74,626.866 SHS PIMCO SHORT ASSET INVESTMENT FD P 2017-10-10 2018-05-11
d 138.503 SHS FIR TREE INT'L VALUE FD II LTD P 2011-06-14 2018-06-30
e 293.560 SHS HIGHFIELDS CAPITAL LTD P 2011-06-28 2018-07-25
738.4761 SHS ELLIOTT INTERNATIONAL LIMITED - CL B P 2015-04-01 2018-10-01
171.64868 SHS ELLIOTT INTERNATIONAL LIMITED - CL B P 2015-04-01 2018-10-05
16,977.929 SHS PIMCO INCOME INSTITUTIONAL FUND P 2017-11-30 2018-12-18
50,505.051 SHS PRINCIPAL DIVERSIF REAL ASSET FD P 2017-08-24 2018-12-18
7,755 SHS VANGUARD INTL EQUITY INDEX FD P 2017-04-25 2018-12-19
BRIDGEWATER FUND LTD P   2018-04-15
DAVIDSON KEMPNER INSTITUTIONAL PTRS LP P    
ARROWSTREET INTL P    
SILCHESTER INT'L VALUE EQUITY TRUST P    
VALINOR CAPITAL PARTNERS -1B P    
VALINOR CAPITAL PARTNERS -1C P    
METRO REAL ESTATE PARTERS IV LP P    
METRO REAL ESTATE PARTERS V LP P    
METRO REAL ESTATE PARTERS VI LP P    
PARK STREET CAPITAL PRIVATE EQUITY VII LP P    
PARK STREET CAPITAL PRIVATE EQUITY VIII LP P    
PARK STREET CAPITAL NATURAL RESOURCE FD P    
PARK STREET CAPITAL NATURAL RESOURCES CORP P    
FCOI II HOLDINGS LP P    
NO TRUST - AGENCY P    
NO TRUST - NT-2-086843 P    
NO TRUST - OPERATING P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,000,000   1,000,583 -583
b 1,267,566   1,017,911 249,655
c 749,925   751,552 -1,627
d 1,463,117   1,638,246 -175,129
e 1,039,895   701,632 338,263
1,000,000   796,645 203,355
232,434   185,169 47,265
200,000   210,141 -10,141
550,000   572,933 -22,933
299,963   308,142 -8,179
2,089     2,089
221,138     221,138
    8,578 -8,578
678,275     678,275
26,412     26,412
56,126     56,126
    5,293 -5,293
    17,685 -17,685
54,000     54,000
76,482     76,482
96,220     96,220
5,833     5,833
156     156
32,670     32,670
539     539
1,019,613     1,019,613
918     918
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       -583
b       249,655
c       -1,627
d       -175,129
e       338,263
      203,355
      47,265
      -10,141
      -22,933
      -8,179
      2,089
      221,138
      -8,578
      678,275
      26,412
      56,126
      -5,293
      -17,685
      54,000
      76,482
      96,220
      5,833
      156
      32,670
      539
      1,019,613
      918
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 2,858,861
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 2,345,481 69,490,349 0.033753
2016 2,536,913 63,949,316 0.039671
2015 4,231,301 66,338,991 0.063783
2014 4,293,972 73,686,242 0.058274
2013 4,469,216 75,781,476 0.058975
2
Total of line 1, column (d) .....................
2
0.254456
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
0.050891
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
66,442,146
5
Multiply line 4 by line 3......................
5
3,381,307
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
34,145
7
Add lines 5 and 6........................
7
3,415,452
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,685,577
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 34,145
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 34,145
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 34,145
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 113,026
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.............. 7 113,026
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 78,881
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet78,881 RefundedBullet 11 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFORREST FRANCES LATTNER FOUNDATIO Telephone no.bullet (561) 266-9494

    Located atbullet241 NE 4TH STREET STE CDELRAY BEACHFL ZIP+4bullet33444
    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
    DREW H HOLLENBECK TRUSTEE
    10.00     		70,795 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    DAVID W HOLLENBECK TRUSTEE
    10.00     		69,355 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    DOUGLAS W HOLLENBECK TRUSTEE
    10.00     		65,559 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    SUSAN L LLOYD CHAIRMAN
    10.00     		24,000 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    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
    SUE MANN FUND MANAGER
    40.00     		106,564 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    MARIE CLAIRE A DIAB ADMINISTRATIVE
    40.00     		43,715 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    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  
    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
    63,305,245
    b
    Average of monthly cash balances.......................
    1b
    3,655,159
    c
    Fair market value of all other assets (see instructions)................
    1c
    493,551
    d
    Total (add lines 1a, b, and c).........................
    1d
    67,453,955
    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
    67,453,955
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,011,809
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    66,442,146
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,322,107
    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
    3,322,107
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    34,145
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    6,214
    c
    Add lines 2a and 2b............................
    2c
    40,359
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,281,748
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,281,748
    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
    3,281,748
    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
    3,685,577
    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
    3,685,577
    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
    34,145
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,651,432
    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 3,281,748
    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...... 179,926
    b From 2014...... 650,372
    c From 2015...... 995,631
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 1,825,929
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,685,577
    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..... 3,281,748
    e Remaining amount distributed out of corpus 403,829
    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 2,229,758
    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) ...     		179,926
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		2,049,832
    10 Analysis of line 9:
    a Excess from 2014.... 650,372
    b Excess from 2015.... 995,631
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 403,829
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN CITIZENS FOR HEALTH CHOICE
    6031 CULLIGAN WAY
    MINNETONKA,MN55345     		NONE 501(C)3 HEALTH CHOICE VERMONT 3,000
    AYERSFOUNDATION
    6 HAVERSHAM RD
    WESTERLY,RI02891     		NONE 501(C)3 GENERAL SUPPORT 13,000
    THE BERNIE HOUSE
    PO BOX 4622
    ANNAPOLIS,MD21403     		NONE 501(C)3 GENERAL SUPPORT 2,000
    BIOFIELD TUNING INSTITUTE
    1 MAIN ST 307
    BURLINGTON,VT05401     		NONE 501(C)3 RESEARCH STUDY 20,000
    BIONUTRIENT FOOD ASSOCIATION
    24 HILLSVILLE RD
    N BROOKFIELD,MA01535     		NONE 501(C)3 PROGRAM SUPPORT 40,000
    BOY SCOUTS - NARRAGANSETT COUNCIL
    PO BOX 14777
    E PROVIDENCE,RI02914     		NONE 501(C)3 CAMP SCHOLARSHIPS 8,000
    BRATTLEBORO MEMORIAL HOSPITAL
    17 BELMONT AVE
    BRATTLEBORO,VT05301     		NONE 501(C)3 VERMONT HEALTHY FOOD IN HEALTHCARE NETWORK 20,000
    CANINE COMPANIONS FOR INDEPENDENCE
    PO BOX 446
    SANTA ROSA,CA95402     		NONE 501(C)3 CCI JUNIOR CHAPTER IN THE VAIL VALLEY 1,000
    CANCER101
    222 BROADWAY 19TH FL
    NEW YORK,NY10038     		NONE 501(C)3 PRODUCTION OF CANCER101 PLANNER 30,000
    THE CENTER FOR FOOD SAFETY
    660 PENNSYLVANIA AVE SE STE 402
    WASHINGTON,DC20003     		NONE 501(C)3 PROGRAM SUPPORT 15,000
    CHESTNUT HILL MEALS ON WHEELS
    1710 BETHLEHEM PIKE
    FLOURTOWN,PA19031     		NONE 501(C)3 GENERAL OPERATING SUPPORT 4,000
    CHILDREN'S GLOBAL ALLIANCE
    2121 N FRONTAGE RD 176
    VAIL,CO81657     		NONE 501(C)3 MATCHING GRANT, OPERATING COSTS, CENTRE DE VID 190,000
    CHRISTIANS REACHING OUT TO SOCIETY
    3677 23RD AVE S B-101
    LAKE WORTH,FL33461     		NONE 501(C)3 CARING KITCHEN DELRAY AND HOMEBOUND 30,000
    THE COMFORT CUB
    2240 ENCINITAS BLVD STE D110
    ENCINITAS,CA92024     		NONE 501(C)3 GENERAL OPERATING SUPPORT 50,000
    COMMITTEE ON TEMPORARY SHELTER
    PO BOX 1616
    BURLINGTON,VT05402     		NONE 501(C)3 FAMILY SHELTER & CHILDREN'S PROGRAM; HOMELESS 5,000
    COMMON ROOTS
    PO BOX 9335
    S BURLINGTON,VT05407     		NONE 501(C)3 PROGRAM SUPPORT 40,000
    COMMUNITY GREENING
    3384 LAKEVIEW BLVD
    DELRAY BEACH,FL33445     		NONE 501(C)3 PROGRAM SUPPORT 18,000
    THE COMPASS SCHOOL
    537 OLD NORTH RD
    KINGSTON,RI02881     		NONE 501(C)3 HISTORIC BARN RENOVATION 80,000
    CONSERVATION LAW FOUNDATION
    62 SUMMER STREET
    BOSTON,MA02110     		NONE 501(C)3 ADVOCACY TO PRESERVE & PROTECT RI ENVIRONMENT 35,000
    CONVOY OF HOPE
    PO BOX 1125
    SPRINGFIELD,MO65801     		NONE 501(C)3 HURRICANE MICHAEL RELIEF 1,000
    CORNUCOPIA INSTITUTE
    PO BOX 126
    CORNUCOPIA,WI54827     		NONE 501(C)3 MARKETPLACE ACTIVISM ORGANIC POLICY & INDUSTR 35,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL RD
    SANTA BARBARA,CA93117     		NONE 501(C)3 VICTIMS OF CALIFORNIA WILDFIRES 2,500
    EARTHJUSTICE
    50 CALIFORNIA ST STE 500
    SAN FRANCISCO,CA94111     		NONE 501(C)3 SUSTAINABLE FOOD & FARMING PROGRAM 25,000
    ENVIRONMENT & HUMAN HEALTH
    1191 RIDGE RD
    N HAVEN,CT06473     		NONE 501(C)3 RESEARCH REPORT ON PESTICIDE AND HERBICIDE 75,000
    ENVIRONMENT RHODE ISLAND RESEARCH&POL
    11 S ANGELL ST 160
    PROVIDENCE,RI29606     		NONE 501(C)3 GENERAL SUPPORT 1,300
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVE S
    NEW YORK,NY10010     		NONE 501(C)3 GENERAL SUPPORT 1,300
    ENVIRONMENTAL WORKING GROUP
    1436 U ST NW STE 100
    WASHINGTON,DC20009     		NONE 501(C)3 GENERAL SUPPORT 1,300
    EPIDEMIC ANSWERS
    360 BLOOMFIELD AVE STE 301
    WINDSOR,CT06095     		NONE 501(C)3 CHIRP STUDY 61,500
    FAMILIES FIRST IN SOUTHERN VERMONT
    PO BOX 939
    WILMINGTON,VT05363     		NONE 501(C)3 WILD HOPES FARM 1,800
    FARM-BASED EDUCATION ASSOCIATION
    1611 HARBOR RD
    SHELBURNE,VT05482     		NONE 501(C)3 2019 NOURISH VERMONT TRADITIONAL FOODS & HE 85,000
    FELLOWSHIP OF THE WHEEL
    PO BOX 1566
    WILLISTON,VT05495     		NONE 501(C)3 GENERAL SUPPORT 4,000
    FLYNN CENTER FOR THE PERFORMING ARTS
    153 MAIN STREET
    BURLINGTON,VT05401     		NONE 501(C)3 2018-2019 FLYNN STUDENT MATINEE SERIES 20,000
    FOOD & WATER WATCH
    1616 P ST NW
    WASHINGTON,DC20036     		NONE 501(C)3 GENERAL SUPPORT 1,300
    GOLDEN SPIRAL FOUNDATION
    240 E FERN DR
    BOCA RATON,FL33432     		NONE 501(C)3 YOGA PROGRAMS 1,500
    GOOD KARMA PET RESCUE (PAW BVI)
    PO BOX 480273
    FORT LAUDERDALE,FL33348     		NONE 501(C)3 PAW BVI 15,000
    GREEN AMERICA
    1612 K ST NW STE 600
    WASHINGTON,DC20006     		NONE 501(C)3 RE(STORE) IT! REGENERATIVE AGRICULTURE CAMPAI 10,000
    GREEN MOUNTAIN VALLEY SCHOOL
    271 MOULTON RD
    WAITSFIELD,VT05673     		NONE 501(C)3 GMVS NUTRITION, DIET & PERFORMANCE INITIATIVE 43,000
    THE GREENE SCHOOL
    94 JOHN POTTER RD
    W GREENWICH,RI02817     		NONE 501(C)3 HVAC/OIL TANK REMOVAL 75,000
    HABITAT FOR HUMANITY VAIL VALLEY
    PO BOX 4149
    AVON,CO81620     		NONE 501(C)3 MATCHING GRANT TO FUND A FOUNDATION FOR A HOM 25,000
    HEALTH FREEDOM FOUNDATION
    3525 PIEDMONT RDNW BLDG6 STE 310
    ATLANTA,GA30305     		NONE 501(C)3 PROGRAM SUPPORT 25,000
    THE HOLE IN THE WALL GANG FUND
    555 LONG WHARF DR
    NEW HAVEN,CT06511     		NONE 501(C)3 HOSPITAL OUTREACH PROGRAM AND SUMMER CAMP 60,000
    HUMAN FOOD PROJECT
    PO BOX 506
    TERLINGUA,TX79852     		NONE 501(C)3 HAZDA MICROBIOME PROJECT 30,000
    INSPIRIT
    PO BOX 248
    LAKE WORTH,FL33460     		NONE 501(C)3 EXPAND SERVICES IN PALM BEACH COUNTY 10,000
    IN THE PINES
    16101 HALF MILE RD BLDG G-OFFICE
    DELRAY BEACH,FL33446     		NONE 501(C)3 RENOVATIONS AND PROGRAM SERVICES 35,000
    INTERVALE CENTER
    180 INTERVALE RD
    BURLINGTON,VT05401     		NONE 501(C)3 GENERAL OPERATING SUPPORT 40,000
    ISLAND PRESSCENTER FOR RES ECONOMICS
    2000 M ST NW STE 650
    WASHINGTON,DC20036     		NONE 501(C)3 PUBLISHING AND EDUCATIONAL EFFORTS 35,000
    JEWISH ASSOCIATION FOR RESIDENTIAL CARE
    21160 95TH AVE S
    BOCA RATON,FL33428     		NONE 501(C)3 JEFFREY AND NICOLE GOLDBERG ABILITY GARDEN 1,000
    JONNYCAKE CENTER OF WESTERLY
    23 INDUSTRIAL DR
    WESTERLY,RI02891     		NONE 501(C)3 FOOD PANTRY, EMERGENCY FINANCIAL AID, EDUCAT 45,000
    KAPPA DELTA FOUNDATION
    3205 PLAYERS LN
    MEMPHIS,TN38125     		NONE 501(C)3 GENERAL SUPPORT 2,000
    KING STREET CENTER
    PO BOX 1615
    BURLINGTON,VT05402     		NONE 501(C)3 GENERAL SUPPORT 2,000
    LEAGUE OF CONSERVATION VOTERS EDUCATION FUND
    1920 L ST NW STE800
    WASHINGTON,DC20036     		NONE 501(C)3 GENERAL SUPPORT 2,600
    THE LIONHEART SCHOOL
    225 ROSWELL ST
    ALPHARETTA,GA30009     		NONE 501(C)3 LIONHEART LIFE CENTER PROGRAMS 50,000
    LITERACY VOLUNTEERS OF WASHINGTON CNTY
    93 TOWER ST UNITS 25 26
    WESTERLY,RI02891     		NONE 501(C)3 ADMINISTRATIVE COSTS 25,000
    LITTLE BELLAS
    PO BOX 1083
    JERICHO,VT05465     		NONE 501(C)3 GENERAL SUPPORT 5,000
    MAKE-A-WISH FOUNDATION OF MASSACHUSETTS
    20 HEMINGWAY DR
    E PROVIDENCE,RI02915     		NONE 501(C)3 PROVIDENCE, RI CHAPTERS' WISHES PROGRAM 5,000
    MEMORIAL SLOAN KETTERING CANCER CENTER
    885 SECOND AVE 8TH FL
    NEW YORK,NY10017     		NONE 501(C)3 DR. LINDA VAHDAT'S BREAST CANCER RESEARCH STUD 100,000
    MIND SPRINGS HEALTH
    6916 HWY 62
    GLENWOOD SPRINGS,CO81601     		NONE 501(C)3 FACILITIES EXPANSION PROJECT 100,000
    MURAL ARTS PHILADELPHIA
    1727-29 MT VERNON ST
    PHILADELPHIA,PA19130     		NONE 501(C)3 ART EDUCATION PROGRAM 75,000
    NATIONAL WILDLIFE FEDERATION
    PO BOX 1583
    MERRIFIELD,VA22116     		NONE 501(C)3 GENERAL SUPPORT 1,300
    NATURAL RESOURCES DEFENSE COUNCIL
    40 W 20TH ST
    NEW YORK,NY10011     		NONE 501(C)3 GENERAL SUPPORT 1,300
    THE NATURE CONSERVANCY IN RHODE ISLAND
    159 WATERMAN ST
    PROVIDENCE,RI02906     		NONE 501(C)3 RHODE ISLAND CHAPTER WORK 150,000
    NEW ENGLAND SCIENCE AND SAILING FDN
    PO BOX 733
    STONINGTON,CT06378     		NONE 501(C)3 EDUCATIONAL INITIATIVES IN NEW LONDON 30,000
    NORTH VALLEY COMMUNITY FOUNDATION
    240 MAIN ST STE 260
    CHICO,CA95928     		NONE 501(C)3 CAMP FIRE RELIEF FUND 2,000
    NORTON MUSEUM OF ART
    1450 S DIXIE HWY
    WEST PALM BEACH,FL33401     		NONE 501(C)3 GENERAL SUPPORT 10,000
    NORTHEAST ORGANIC FARMING ASSOC(NOFA)
    PO BOX 697
    RICHMOND,VT05477     		NONE 501(C)3 VERMONT ORGANIC FARM & FOOD PROJECT;REAL OR 160,000
    OCEAN COMMUNITY UNITED THEATRE
    PO BOX 384
    WESTERLY,RI02891     		NONE 501(C)3 THEATRE COMPLEX RENOVATION PROJECT 105,000
    OCEAN COMMUNITY YMCA
    95 HIGH STREET
    WESTERLY,RI02891     		NONE 501(C)3 ENHANCEMENTS TO CAMP PROGRAMS & FACILITIES 58,800
    OCEAN CONSERVANCY
    1300 19TH ST NW 8TH FL
    WASHINGTON,DC20036     		NONE 501(C)3 TRASH FREE SEAS PROGRAM 100,000
    OCEANA
    1350 CONNECTICUT AVE NW 5TH FL
    WASHINGTON,DC20036     		NONE 501(C)3 GENERAL SUPPORT 1,300
    OIL CHANGE INTERNATIONAL
    714 G ST SE STE 202
    WASHINGTON,DC20003     		NONE 501(C)3 GENERAL SUPPORT 1,300
    ORGANIC CONSUMERS ASSOCIATION
    6771 S SILVER HILL DR
    FINLAND,MN55603     		NONE 501(C)3 GENERAL SUPPORT 1,300
    ORGANIC FARMING RESEARCH FOUNDATION
    PO BOX 440
    SANTA CRUZ,CA95061     		NONE 501(C)3 GENERAL OPERATING SUPPORT FOR RESEARCH, ADVO 50,000
    PCI-MEDIA IMPACT
    777 UNITED NATIONS PLAZA 5TH FLOOR
    NEW YORK,NY10017     		NONE 501(C)3 PUNTA FUEGO AND OZONE HEROES CAMPAIGNS 10,000
    PALM BEACH POST SEASON TO SHARE FUND
    2751 S DIXIE HIGHWAY
    WEST PALM BEACH,FL33405     		NONE 501(C)3 SEASON TO SHARE FUND 2018 30,000
    PARK PRIDE
    233 PEACHTREE ST STE 1600
    ATLANTA,GA30303     		NONE 501(C)3 FRIENDS OF BRIARLAKE FOREST PARK-CLEAR INVASIVE 10,000
    PUPPIES BEHIND BARS
    236 W 38TH ST 4TH FL
    NEW YORK,NY10018     		NONE 501(C)3 GENERAL SUPPORT 5,000
    REGENERATION VERMONT
    135 LONDON LN
    HARDWICK,VT05843     		NONE 501(C)3 VERMONT RISING:BEYOND BIG DAIRY CAMPAIGN 25,000
    RENAISSANCE CITY THEATRE (GRANITE THEAT)
    PO BOX 156
    WESTERLY,RI02891     		NONE 501(C)3 FOR GRANITE THEATRE-PURCHASE AUDIO EQUIP 15,000
    RURAL VERMONT
    46 E STATE ST
    MONTPELIER,VT05602     		NONE 501(C)3 OPERATIONAL SUPPORT FOR PROGRAMS 40,000
    SADIE KELLER FOUNDATION
    1409 GOLDENROD CIR
    LANTANA,TX76226     		NONE 501(C)3 GENERAL SUPPORT 1,000
    SALT MARSH OPERA
    PO BOX 227
    STONINGTON,CT06378     		NONE 501(C)3 KIDS LOVE OPERA! FOR 5TH-GRADE STUDENTS 7,000
    SAVE THE BAY
    100 SAVE THE BAY DRIVE
    PROVIDENCE,RI02905     		NONE 501(C)3 SOUTH COUNTY COASTKEEPER PROGRAM 80,000
    SAVE THE WAVES COALITION
    PO BOX 183
    DAVENPORT,CA95017     		NONE 501(C)3 GENERAL SUPPORT 1,300
    SCULPTURE SCHOOL
    PO BOX 893
    WAITSFIELD,VT05673     		NONE 501(C)3 GENERAL SUPPORT 2,000
    THE SHELBURNE CRAFT SCHOOL
    PO BOX 52
    SHELBURNE,VT05482     		NONE 501(C)3 GENERAL SUPPORT 2,000
    SHELBURNE FARMS
    1611 HARBOR ROAD
    SHELBURNE,VT05842     		NONE 501(C)3 FOOD SYSTEMS IMPROVEMENTS; BREEDING BARN RES 110,000
    SIERRA CLUB FOUNDATION
    2101 WEBSTER ST STE 1300
    OAKLAND,CA94612     		NONE 501(C)3 GENERAL SUPPORT 1,300
    SKI & SNOWBOARD CLUB VAIL
    598 VAIL VALLEY DR
    VAIL,CO81657     		NONE 501(C)3 SCHOLARSHIPS AND NEW CLUBHOUSE 75,000
    THE SOUP KITCHEN INC
    8645 W BOYNTON BEACH BLVD
    BOYNTON BEACH,FL33474     		NONE 501(C)3 PROGRAM SUPPORT 60,000
    SOUTHEASTERN GUIDE DOGS
    4210 77TH ST E
    PALMETTO,FL34221     		NONE 501(C)3 VETERANS PROGRAM 5,000
    STARTING HEARTS
    PO BOX 2981
    AVON,CO81620     		NONE 501(C)3 UNDERWRITE FIVE UNITS OF MEDIC ASSIST SMARTLINK 50,000
    STEADMAN PHILIPPON RESEARCH INSTITUTE
    181 W MEADOW DR STE 1000
    VAIL,CO81657     		NONE 501(C)3 FUND STUDY FOR STANCE & BALANCE BIOMECHANICS 60,000
    SURFRIDER FOUNDATION
    PO BOX 73550
    SAN CLEMENTE,CA92673     		NONE 501(C)3 PLASTIC POLLUTION INITIATIVE 75,000
    TRINITY YARD SCHOOL
    PO BOX 391
    BRISTOL,VT05472     		NONE 501(C)3 SPONSOR GRADUATING STUDENTS IN CAREER DEVEL 15,000
    TURNING POINT CENTER OF CHITTENDEN COUNT
    179 S WINOOSKI AVE STE 301
    BURLINGTON,VT05401     		NONE 501(C)3 GENERAL SUPPORT 2,000
    UNION OF CONCERNED SCIENTISTS
    2 BRATTLE SQUARE
    CAMBRIDGE,MA02138     		NONE 501(C)3 GENERAL SUPPORT 1,300
    UNIVERSITY OF VERMONT FOUNDATION
    411 MAIN ST
    BURLINGTON,VT05401     		NONE 501(C)3 UNIVERSITY OF VERMONT PASTURE PROGRAM 40,000
    VERMONT COMMUNITY GARDEN NETWORK
    ONE MILL ST STE 200
    BURLINGTON,VT05401     		NONE 501(C)3 COMMUNITY TEACHING GARDENS AND STATEWIDE 10,000
    VERMONT GRASS FARMERS ASSOCIATION
    327 US RTE 302
    BARRE,VT05061     		NONE 501(C)3 ORGANIZATIONAL DEVELOPMENT, PROGRAM OUTREACH 25,000
    WARM (WESTERLY AREA REST MEALS)
    56 SPRUCE STREET
    WESTERLY,RI02891     		NONE 501(C)3 HARVEST HOMES PROGRAM 25,000
    WESTERLY ARMORY RESTORATION
    PO BOX 614
    WESTERLY,RI02891     		NONE 501(C)3 INSTALL INTERIOR STORM WINDOWS IN DRILL HALL 5,000
    WESTON A PRICE FOUNDATION
    4200 WISCONSIN AVENUE NW
    WASHINGTON,DC20016     		NONE 501(C)3 SCHOLARSHIPS TO WISE TRADITIONS 2018; RESEARC 50,000
    THE WOOD-PAWCATUCK WATERSHED ASSN
    203 ARCADIA ROAD
    HOPE VALLEY,RI02832     		NONE 501(C)3 TRANSITION AND STAFF SUPPORT FOR WILD & SCENIC 43,000
    WOODMERE ART MUSEUM
    9201 GERMANTOWN AVE
    PHILADELPHIA,PA19118     		NONE 501(C)3 PHILARTDELPHIA EDUCATION PROGRAM 25,000
    WAKE FOR WARRIORS
    129 LAKEVIEW CIR
    WALESKA,GA30183     		NONE 501(C)3 TRAVEL EXPENSES AND LODGING FOR PARTICIPATION 6,000
    Total .................................bullet 3a 3,321,300
    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 51,908  
    4 Dividends and interest from securities....     14 465,517  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 761,449  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,858,861  
    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).. 0 4,137,735 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,137,735
    (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

    TY 2018 AccountingFeesSchedule
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 49,090 49,090   0

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

    TY 2018 DepreciationSchedule
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FURNITURE 2006-01-01 6,793 6,793 200DB 7.000000000000 0 0    
    OFFICE EQUIPMENT 2006-01-01 2,676 2,676 200DB 5.000000000000 0 0    
    DESK & RETURN 2007-02-22 1,721 1,721 200DB 7.000000000000 0 0    
    LCD PROJECTOR 2007-05-04 779 779 200DB 7.000000000000 0 0    
    TRAVEL PROJECTOR & STAND 2007-04-30 490 490 200DB 7.000000000000 0 0    
    POSTERS FOR OFFICE 2008-05-08 150 75 200DB 7.000000000000 0 0    
    FAX MACHINE 2008-10-08 180 89 200DB 5.000000000000 0 0    
    TELEPHONE 2008-11-07 102 51 200DB 7.000000000000 0 0    
    PRINTER 2008-11-07 224 112 200DB 5.000000000000 0 0    
    COMPUTER 2014-06-10 675 279 200DB 5.000000000000 39 135    
    DESKTOP COMPUTER & ACCESSORIES 2015-05-27 710 253 200DB 5.000000000000 41 142    
    GRANTS ONLINE SYSTEM 2015-12-31 15,000 834 SL 36.000000000000 417 417    
    OFFICE BUILDOUT 2016-12-15 116,234 8,395 SL 15.000000000000 7,749 7,749    
    DATA & PHONE CABLING 2016-12-16 2,090 449 200DB 5.000000000000 238 418    
    GRANTS ONLINE SYSTEM 2017-12-31 8,900   SL 24.000000000000 371 371    
    COMPUTER - DAVID 2017-10-16 3,067   200DB 5.000000000000 0 613    

    TY 2018 InvestmentsOtherSchedule2
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS AT COST 60,247,303 58,648,045

    TY 2018 LandEtcSchedule2
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE 6,793 6,793 0  
    OFFICE EQUIPMENT 2,676 2,676 0  
    DESK & RETURN 1,721 1,721 0  
    LCD PROJECTOR 779 779 0  
    TRAVEL PROJECTOR & STAND 490 490 0  
    POSTERS FOR OFFICE 150 150 0  
    FAX MACHINE 180 179 1  
    TELEPHONE 102 102 0  
    PRINTER 224 224 0  
    COMPUTER 675 656 19  
    DESKTOP COMPUTER & ACCESSORIES 710 649 61  
    GRANTS ONLINE SYSTEM 15,000 1,251 13,749  
    OFFICE BUILDOUT 116,234 16,144 100,090  
    DATA & PHONE CABLING 2,090 1,732 358  
    GRANTS ONLINE SYSTEM 8,900 371 8,529  
    COMPUTER - DAVID 3,067 3,067 0  


    TY 2018 OtherAssetsSchedule
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT 500 500 500


    TY 2018 OtherExpensesSchedule
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 14,580 3,645   10,935
    OFFICE MAINTENANCE 1,364 341   1,023
    OFFICE EXPENSE 2,684 671   2,013
    COMPUTER SUPPLIES 212 53   159
    PAYROLL FEES 2,423 659   1,817
    EQUIPMENT RENT 996 249   747
    UTILITIES 3,699 925   2,774
    MEMBERSHIP FEES 750 188   562


    TY 2018 OtherIncomeSchedule2
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ARROWSTREET INT'L EQUITY FD 34,949 34,949 34,949
    ARTISAN DEV WORLD FD 569 569 569
    DAVIDSON KEMPNER INSTL PTRS 155,420 155,420 155,420
    FCOI II HOLDINGS LP 33,320 33,320 33,320
    METRO RE PARTNERS IV LP 1,247 1,247 1,247
    METRO RE PARTNERS V LP -1,268 -1,268 -1,268
    METRO RE PARTNERS VI LP 2,116 2,116 2,116
    PARK STREET CAP NAT RES CORP -572 -572 -572
    PARK STREET CAP NAT RES III LP 30,954 30,954 30,954
    PARK STREET CAP PE FD VII LP 32,655 32,655 32,655
    PARK STREET CAP PE FD VIII LP 7,211 7,211 7,211
    SILCHESTER INTL VAL EQUITY TST 464,848 464,848 464,848


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 200,000 200,000   0
    MANAGEMENT FEES 277,195 277,195   0


    TY 2018 TaxesSchedule
    Name:
    FORREST C & FRANCES H LATTNER
     
    FOUNDATION
    EIN:
    20-3106502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX PAID 34,384 0   0
    FOREIGN TAX PAID 76,827 76,827   0
    PAYROLL TAX 11,511 2,878   8,633
    OTHER 133 133   0