-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
SBM CHARITABLE FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)
935 MAIN STREET LEVEL C NO B-101
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MANCHESTER
,
CT
06040
A Employer identification number
06-1574365
B
Telephone number (see instructions)
(860) 533-0355
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
35,174,336
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
218,011
2
Check
.............
3
Interest on savings and temporary cash investments
765
765
4
Dividends and interest from securities
...
782,822
782,822
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
1,811,331
b
Gross sales price for all assets on line 6a
14,772,078
7
Capital gain net income (from Part IV, line 2)
...
1,811,331
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
2,812,929
2,594,918
13
Compensation of officers, directors, trustees, etc.
137,282
0
137,282
14
Other employee salaries and wages
......
75,774
0
75,774
15
Pension plans, employee benefits
.......
55,960
0
55,960
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
16,925
5,078
11,847
c
Other professional fees (attach schedule)
....
11,175
0
11,175
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
24,476
0
0
19
Depreciation (attach schedule) and depletion
...
4,502
0
20
Occupancy
..............
9,003
0
9,003
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
146,108
121,561
24,547
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
481,205
126,639
325,588
25
Contributions, gifts, grants paid
.......
1,566,291
1,969,291
26
Total expenses and disbursements.
Add lines 24 and 25
2,047,496
126,639
2,294,879
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
765,433
b
Net investment income
(if negative, enter -0-)
2,468,279
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
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
1
Cash—non-interest-bearing
.............
300
300
300
2
Savings and temporary cash investments
.........
305,668
2,025,642
2,025,642
3
Accounts receivable
66,224
Less: allowance for doubtful accounts
66,224
66,224
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
1,870
1,870
1,870
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
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
30,966,270
32,982,416
32,982,416
14
Land, buildings, and equipment: basis
191,542
Less: accumulated depreciation (attach schedule)
93,658
102,386
97,884
97,884
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
31,376,494
35,174,336
35,174,336
17
Accounts payable and accrued expenses
..........
45,034
43,495
18
Grants payable
.................
653,000
250,000
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
698,034
293,495
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
30,678,460
34,880,841
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
30,678,460
34,880,841
30
Total liabilities and net assets/fund balances
(see instructions)
.
31,376,494
35,174,336
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 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
30,678,460
2
Enter amount from Part I, line 27a
.....................
2
765,433
3
Other increases not included in line 2 (itemize)
3
3,436,948
4
Add lines 1, 2, and 3
..........................
4
34,880,841
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
34,880,841
Form
990-PF
(2019)
Form 990-PF (2019)
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
US BANK
P
2019-12-31
b
FORESTER CAPITAL
P
2019-12-31
c
AEW
P
2019-12-31
d
BLACKSTONE
P
2019-12-31
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
12,041,719
12,109,230
-67,511
b
2,475,532
851,517
1,624,015
c
92,582
92,582
d
162,245
162,245
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
-67,511
b
1,624,015
c
92,582
d
162,245
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
1,811,331
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
...................
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?
Yes
No
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))
2018
2,655,398
34,784,917
0.076338
2017
2,471,015
35,667,679
0.069279
2016
2,506,677
33,195,604
0.075512
2015
2,263,815
34,667,721
0.065300
2014
2,343,012
38,708,049
0.060530
2
Total
of line 1, column (d)
.....................
2
0.346959
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
0.069392
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
31,647,495
5
Multiply line 4 by line 3
......................
5
2,196,083
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
24,683
7
Add lines 5 and 6
........................
7
2,220,766
8
Enter qualifying distributions from Part XII, line 4
,.............
8
2,294,879
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
(2019)
Form 990-PF (2019)
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
and enter “N/A" on line 1.
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
24,683
here
and 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
24,683
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
24,683
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
16,840
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
16,840
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
.......
9
7,843
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
Refunded
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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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
Yes
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
No
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CT
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 2019 or the taxable year beginning in 2019? 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
(2019)
Form 990-PF (2019)
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 address
WWW.SBMFOUNDATION.ORG
14
The books are in care of
DOREEN DOWNHAM
Telephone no.
(860) 533-0355
Located at
935 MAIN STREET SUITE B-101 LEVEL C
MANCHESTER
CT
ZIP+4
06040
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
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 2019?
.............
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 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 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 2019.)
..................
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 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
BRIAN A ORENSTEIN
TREASURER
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
CHARLES L PIKE
VICE PRESIDENT
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
DOREEN DOWNHAM
EX DIR/SECRETARY
40.00
137,282
18,451
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
DOUGLAS K ANDERSON
VICE PRESIDENT
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
ERIC A MARZIALI
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
GREGORY S WOLFF
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
HARRY S GAUCHER
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
JOHN D LABELLE JR
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
JON L NORRIS
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
LAURENCE P RUBINOW
CHAIRMAN
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
LINDA S KLEIN
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
MICHAEL J HARTL
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
RICHARD P MEDUSKI
PRESIDENT
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
RICHARD SUSKI
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
SHEILA B FLANAGAN
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
TIMOTHY J DEVANNEY
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
TIMOTHY MOYNIHAN
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
WILLIAM D O'NEILL
TRUSTEE
0.50
0
0
0
935 MAIN STREET LEVEL C SUITE B-101
MANCHESTER
,
CT
06040
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
KELLEY GUNTHER
FOUNDATION & SCHOLAR
40.00
69,185
21,616
0
935 MAIN STREET
MANCHESTER
,
CT
06040
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
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
PRIME BUCHHOLZ & ASSOCIATES LLC
INVESTMENT MANAGEMENT
75,000
273 CORPORATE DR 250
PORTSMOUTH
,
NH
03801
Total
number of others receiving over $50,000 for professional services
.............
0
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
NONE
0
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
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
27,584,707
b
Average of monthly cash balances
.......................
1b
426,231
c
Fair market value of all other assets (see instructions)
................
1c
4,118,499
d
Total
(add lines 1a, b, and c)
.........................
1d
32,129,437
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
32,129,437
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
481,942
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
31,647,495
6
Minimum investment return.
Enter 5% of line 5
..................
6
1,582,375
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
1,582,375
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
24,683
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
24,683
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
1,557,692
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
1,557,692
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
1,557,692
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
2,294,879
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
2,294,879
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
24,683
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
2,270,196
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
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
1,557,692
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
434,218
b
From 2015
......
574,001
c
From 2016
......
871,409
d
From 2017
......
703,797
e
From 2018
......
949,790
f
Total
of lines 3a through e
........
3,533,215
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
2,294,879
a
Applied to 2018, 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 2019 distributable amount
.....
1,557,692
e
Remaining amount distributed out of corpus
737,187
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
4,270,402
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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
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 2014 not
applied on line 5 or line 7 (see instructions)
...
434,218
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
3,836,184
10
Analysis of line 9:
a
Excess from 2015
....
574,001
b
Excess from 2016
....
871,409
c
Excess from 2017
....
703,797
d
Excess from 2018
....
949,790
e
Excess from 2019
....
737,187
Form
990-PF
(2019)
Form 990-PF (2019)
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 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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)
2019
(b)
2018
(c)
2017
(d)
2016
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KELLEY GUNTHER FOUNDATION AND SCHOL
935 MAIN STREET SUITE B-101 LEVEL C
MANCHESTER
,
CT
06040
(860) 533-1067
b
The form in which applications should be submitted and information and materials they should include:
COMPLETION OF THE "REQUEST FOR GRANT AND "SCHOLARSHIP APPLICATION" FORMS LOCATED ON THE ORGANIZATION'S WEB SITE.
c
Any submission deadlines:
SCHOLARSHIP APPLICATION - JANUARY - MARCH FOR THE FOLLOWING FALL SEMESTER; GRANTS APPS - YEAR ROUND
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS AND SCHOLARSHIPS LIMITED TO THE GEOGRAPHICAL AREAS INDICATED ON THE WEB SITE.
Form
990-PF
(2019)
Form 990-PF (2019)
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)
a
Paid during the year
ACCESS COMMUNITY ACTION AGENCY
1315 MAIN STREET
WILLIMANTIC
,
CT
06226
PC
GENERAL USE GRANT
2,000
AHM YOUTH SERVICES INC
25 PENDLETON DRIVE
HEBRON
,
CT
06082
PC
GENERAL USE GRANT
4,230
ALTRUSA INTERNATIONAL INC
332 S MICHIGAN AVE
CHICAGO
,
IL
60604
PC
GENERAL USE GRANT
4,500
AMERICAN RED CROSS CONNECTICUT CHAPTER
209 FARMINGTON AVE
FARMINGTON
,
CT
06032
PC
GENERAL USE GRANT
4,000
ARTS FOR LEARNING CONNECTICUT
3074 WHITNEY AVE
HAMDEN
,
CT
06518
PC
GENERAL USE GRANT
5,000
AUTISM FAMILIES OF CONNECTICUT
101 NORTH PLAINS INDUSTIRAL ROAD
WALLINGFORD
,
CT
06492
PC
GENERAL USE GRANT
2,000
BETH SHOLOM B'NAI ISRAEL
400 MIDDLE TURNPIKE E
MANCHESTER
,
CT
06040
PC
GENERAL USE GRANT
100
BILLINGS FORGE COMMUNITY WORKS INC
140 RUSS ST
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
3,000
BOY SCOUTS OF AMERICA CRC
60 DARLIN ST PO BOX
EAST HARTFORD
,
CT
06107
PC
GENERAL USE GRANT
59,000
BUILDING HEALTHY FAMILIES
302 HACKMATACK STREET
MANCHESTER
,
CT
06040
PC
GENERAL USE GRANT
2,500
CAMP CARE INC
106 ROUTE 66
COLUMBIA
,
CT
06266
PC
GENERAL USE GRANT
4,000
CATHOLIC CHARITIES AND FAMILLY SERVICES
331 MAIN STREET
NORWICH
,
CT
06360
PC
GENERAL USE GRANT
4,500
CENTRAL CONNECTICUT STATE UNIVERSITY
1615 STANLEY ST
NEW BRITAIN
,
CT
06050
PC
SCHOLARSHIPS
25,900
CHILDREN'S LAW CENTER OF CT
30 ARBOR STREET NORTH
HARTFORD
,
CT
06119
PC
GENERAL USE GRANT
25,000
CONCORACONNECTICUT CHORAL ARTISTS INC
233 PEARL STREET
HARTFORD
,
CT
06103
PC
GENERAL USE GRANT
4,000
CONNECTICUT AUDUBON SOCIETY
1316 MAIN STREET
GLASTONBURY
,
CT
06106
PC
GENERAL USE GRANT
69,978
CONNECTICUT COUNCIL FOR PHILANTHROPY
221 MAIN STREET
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
6,100
CONNECTICUT INSTITUTE FOR THE BLIND DBA OAK HILL
120 HOLCOMB STREET
HARTFORD
,
CT
06112
PC
GENERAL USE GRANT
500
CONNECTICUT LANDMARKS
2299 SOUTH STREET
COVENTRY
,
CT
06103
NC
GENERAL USE GRANT
20,000
CONNECTICUT PUBLIC AFFAIRS NETWORK
21 OAK ST
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
1,000
CONNECTICUT PUBLIC BROADCASTING INC
1049 ASYLUM AVE
HARTFORD
,
CT
06105
PC
GENERAL USE GRANT
5,000
CONNECTICUT RADIO INFORMATION SYSTEMS INC
515 NORTH EAGLEVILLE ROAD
STORRS
,
CT
06268
PC
GENERAL USE GRANT
1,350
CONNECTICUT SCIENCE CENTER
250 COLUMBUS BLVD
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
92,014
CONNECTICUT STORYTELLING CENTER
270 MOHEGAN AVENUE
NEW LONDON
,
CT
06320
PC
GENERAL USE GRANT
9,000
CONNECTICUT WOMEN'S HALL OF FAME
320 FITCH ST
NEW HAVEN
,
CT
06515
PC
GENERAL USE GRANT
3,000
CORNERSTONE FOUNDATION
15 PROSPECT ST
VERNON
,
CT
06066
PC
GENERAL USE GRANT
4,600
COVENANT SOUP KITCHEN
220 VALLEY STREET
WILLIMANTIC
,
CT
06226
PC
GENERAL USE GRANT
5,000
COVENANT TO CARE FOR CHILDREN INC
1477 PARK ST 2A
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
3,000
DANCES WITH WOOD INC
80 OLDE ORCHARD ROAD
CLINTON
,
CT
06413
PC
GENERAL USE GRANT
2,700
EASTERN CONNECTICUT STATE UNIVERSITY
83 WINDHAM STREET
WILLIMANTIC
,
CT
06040
PC
SCHOLARSHIPS
40,200
EASTERNN CONNECTICUT STATE UNIVERSITY FOUNDATION
83 WINDHAM STREET
WILLIMANTIC
,
CT
06040
PC
GENERAL USE GRANT
78,000
FIDELCO GUIDE DOG FOUNDATION
103 OLD IRON ORE ROAD
BLOOMFIELD
,
CT
06002
PC
GENERAL USE GRANT
500
FOODSHARE
450 WOODLAND AVE
BLOOMFIELD
,
CT
06226
PC
GENERAL USE GRANT
10,500
GENERATIONS FAMILY HEALTH CENTER INC
1315 MAIN STREET
WILLIMANTIC
,
CT
06033
PC
GENERAL USE GRANT
40,000
GIRL SCOUTS OF CT
340 WASHINGTON STREET
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
22,720
GOODSPEED MUSICALS
6 MAIN STREET PO BOX A
EAST HADDAM
,
CT
06117
PC
GENERAL USE GRANT
14,789
HANDS ON HARTFORD
330 MAIN STREET 3RD FLOOR
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
4,000
HARTFORD ARTISANS WEAVING CENTER
42 WOODLAND STREET
HARTFORD
,
CT
06105
PC
GENERAL USE GRANT
2,000
HARTFORD CONSORTIUM FOR HIGHER EDUCATION
95 MAIN STREET SUITE 314
HARTFORD
,
CT
06103
PC
GENERAL USE GRANT
29,000
HARTFORD GAY & LESBIAN HEALTH COLLECTIVE
1841 BROAD STREET
HARTFORD
,
CT
06114
PC
GENERAL USE GRANT
4,000
HARTFORD HOSPITAL
80 SEYMOUR STREET
HARTFORD
,
CT
06102
PC
GENERAL USE GRANT
6,995
HARTFORD JEWISH FEDERATION
333 BLOOMFIELD AVENUE
WEST HARTFORD
,
CT
06117
PC
GENERAL USE GRANT
8,800
HARTFORD STAGE COMPANY
50 CHURCH STREET
HARTFORD
,
CT
06103
PC
GENERAL USE GRANT
62,086
HARTFORD SYMPHONY ORCHESTRA
100 PEARL STREET 2ND FLOOR EAST
TOWER
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
650
HARTFORD'S CAMP COURANT
285 BROAD STREET
HARTFORD
,
CT
06032
PC
GENERAL USE GRANT
15,000
HIGHER EDGE INC
35 REDDEN AVE
NEW LONDON
,
CT
06320
PC
GENERAL USE GRANT
4,500
HILL-STEAD MUSEUM
35 MOUNTAIN RD
FARMINGTON
,
CT
06002
PC
GENERAL USE GRANT
33,125
HOCKANUM VALLEY COMMUNITY COUNCIL INC
155 WEST MAIN STREET
VERNON
,
CT
06226
PC
GENERAL USE GRANT
41,166
HORIZONS INC
127 BABCOCK HILL RD
SOUTH WINDHAM
,
CT
06266
PC
GENERAL USE GRANT
53,415
INTERVAL HOUSE
PO BOX 340207
HARTFORD
,
CT
06117
PC
GENERAL USE GRANT
3,500
JUMPSTART FOR YOUNG CHILDREN
520 EIGHTH AVENUE 303
NEW YORK
,
NY
10018
PC
GENERAL USE GRANT
3,500
JUNIOR ACHIEVEMENT OF SOUTHWEST NEW ENGLAND INC
11 ASYLUM STREET SUITE 601
HARTFORD
,
CT
06103
PC
GENERAL USE GRANT
18,000
KIDSAFE CT
19 ELM ST
ROCKVILLE
,
CT
06066
PC
GENERAL USE GRANT
13,000
LAWYERS FOR CHILDREN AMERICA
151 FARMINGTON AVE
HARTFORD
,
CT
06040
PC
GENERAL USE GRANT
2,700
LEADERSHIP GREATER HARTFORD INC
30 LAUREL STREET SUITE 3
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
3,500
LITERACY VOLUNTEERS OF GREATER HARTFORD
30 ARBOR STREET
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
3,000
LITTLE THEATRE OF MANCHESTER INC
177 HARTFORD ROAD
MANCHESTER
,
CT
06040
PC
GENERAL USE GRANT
1,000
MALTA FOOD PANTRY INC
19 WOODLAND STREET
HARTFORD
,
CT
06105
PC
GENERAL USE GRANT
2,500
MALTA HOUSE OF CARE FOUNDATION
1 STATE STREET SUITE
HARTFORD
,
CT
06045
PC
GENERAL USE GRANT
67,500
MANCHESTER AREA CONFERENCE OF CHURCHES
466 MAIN STREET
MANCHESTER
,
CT
06045
PC
GENERAL USE GRANT
2,600
MANCHESTER COMMUNITY COLLEGE FOUNDATION
GREAT PATHS MS 6 PO
MANCHESTER
,
CT
06040
PC
GENERAL USE GRANT
50,000
MANCHESTER SYMPHONY ORCHESTRA AND CHORALE
PO BOX 861
MANCHESTER
,
CT
06040
PC
GENERAL USE GRANT
3,000
MANCHESTER UNICO FOUNDATION INC
PO BOX 803
MANCHESTER
,
CT
06045
PC
GENERAL USE GRANT
500
MAYOR'S PROGRAM FOR MANCHESTER CHILDREN
PO BOX 1373
MANCHESTER
,
CT
06045
PC
GENERAL USE GRANT
13,000
MERCY HOUSING & SHELTER
221 MAIN STREET 4TH FLOOR
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
4,000
MHS PROJECT GRADUATION INC
PO BOX 2371
MANCHESTER
,
CT
06045
PC
GENERAL USE GRANT
500
MY SISTERS' PLACE INC
102 PLINY STREET
HARTFORD
,
CT
06120
PC
GENERAL USE GRANT
18,000
NATIONAL CONFERENCE FOR COMM & JUSTICE INC
1095 DAY HILL ROAD SUITE 100
WINDSOR
,
CT
06095
PC
GENERAL USE GRANT
3,000
NEW BRITAIN MUSEUM OF AMERICAN ART INC
56 LEXINGTON STREET
NEW BRITAIN
,
CT
06050
PC
GENERAL USE GRANT
13,200
NEW ENGLAND AIR MUSEUM
36 PERIMETER RD
WINDSOR LOCKS
,
CT
06096
PC
GENERAL USE GRANT
12,000
NUTMEG BIG BROTHERS BIG SISTERS
30 LAUREL STREET SUITE 3
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
4,500
NUTMEG STATE GAMES
290 ROBERTS STREET
EAST HARTFORD
,
CT
06108
PC
GENERAL USE GRANT
1,000
OPEN HEARTH ASSOCIATION INC
PO BOX 1077
HARTFORD
,
CT
06226
PC
GENERAL USE GRANT
36,000
OUR PIECE OF THE PIE INC
20 SARGEANT ST
HARTFORD
,
CT
06105
PC
GENERAL USE GRANT
1,800
QUINNIPIAC UNIVERSITY
27 MOUNT CARMEL AVENUE
HAMDEN
,
CT
06518
PC
SCHOLARSHIPS
5,000
READ TO GROW INC
53 SCHOOL GROUND RD
BRANFORD
,
CT
06450
PC
GENERAL USE GRANT
2,500
REBUILDING TOGETHER - MANCHESTER
41 CENTER STREET PO BOX
MANCHESTER
,
CT
06040
PC
GENERAL USE GRANT
75,000
RE-CENTER RACE & EQUITY IN EDUCATION
75 CHARTER OAK AVE
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
20,000
RHS PROJECT GRADUATION
70 LOVELAND HILL RD
VERNON
,
CT
06066
PC
GENERAL USE GRANT
500
RIVERFRONT RECAPTURE INC
50 COLUMBUS BLVD
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
2,500
SACRED HEART UNIVERSITY
5151 PARK AVE
FAIRFIELD
,
CT
06432
PC
SCHOLARSHIPS
2,000
SAINT FRANCIS HOSPITAL AND MEDICAL CENTER
114 WOODLAND ST
HARTFORD
,
CT
06105
PC
GENERAL USE GRANT
50,000
SALVATION ARMY
316 PLEASANT ST
WILLIMANTIC
,
CT
06226
PC
GENERAL USE GRANT
4,500
SAXTON B LITTLE FREE LIBRARY INC
319 CONNECTICUT 87
COLUMBIA
,
CT
06237
PC
GENERAL USE GRANT
5,000
SEA RESEARCH FOUNDATION INC
55 COOGAN BLVD
MYSTIC
,
CT
06355
PC
GENERAL USE GRANT
22,240
SOUTH PARK INN INC
75 MAIN STREET
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
833
THE CHILDREN'S MUSEUM
950 TROUT BROOK DRIVE
WEST HARTFORD
,
CT
06119
PC
GENERAL USE GRANT
20,000
TOWN OF MANCHESTER
41 CENTER STREET
MANCHESTER
,
CT
06040
NC
GENERAL USE GRANT
7,000
TOWN OF MANSFIELD
PO BOX 513
STORRSMANSFIELD
,
CT
06268
NC
GENERAL USE GRANT
500
TOWN OF SOUTH WINDSOR
1540 SULLIVAN AVE
SOUTH WINDSOR
,
CT
06074
NC
GENERAL USE GRANT
1,350
TOWN OF VERNON
120 SOUTH STREET
VERNON
,
CT
06066
NC
GENERAL USE GRANT
700
TRINITY COLLEGE
300 SUMMIT STREET
HARTFORD
,
CT
06106
PC
GENERAL USE GRANT
1,000
UNIVERSITY OF BRIDGEPORT
126 PARK AVE
BRIDGEPORT
,
CT
06604
PC
SCHOLARSHIPS
1,000
UNIVERSITY OF CONNECTICUT
2131 HILLSIDE RD - UNIT 3088
STORRS
,
CT
06269
PC
SCHOLARSHIPS
120,850
UNIVERSITY OF CONNECTICUT
2131 HILLSIDE RD - UNIT 3088
STORRS
,
CT
06269
PC
GENERAL USE GRANT
280,000
UNIVERSITY OF CONNECTICUT FOUNDATION
2131 HILLSIDE RD - UNIT 3088
STORRS
,
CT
06269
NC
GENERAL USE GRANT
68,000
UNIVERSITY OF CONNECTICUT HARTFORD
200 BLOOMFIELD AVE
WEST HARTFORD
,
CT
06117
PC
SCHOLARSHIPS
10,500
UNIVERSITY OF HARTFORD
200 BLOOMFIELD AVE
WEST HARTFORD
,
CT
06117
PC
SCHOLARSHIPS
3,000
UNIVERSITY OF NEW HAVEN
300 BOSTON POST ROAD
WEST HAVEN
,
CT
06516
PC
SCHOLARSHIPS
1,000
UNIVERSITY OF SAINT JOSEPH
1678 ASYLUM AVENUE
WEST HARTFORD
,
CT
06117
PC
GENERAL USE GRANT
3,000
UNIVERSITY OF SAINT JOSEPH
1678 ASYLUM AVENUE
WEST HARTFORD
,
CT
06117
PC
SCHOLARSHIPS
9,100
VH1 SAVE THE MUSIC FOUNDATION
PO BOX 2096
NEW YORK
,
NY
10108
PC
GENERAL USE GRANT
5,000
WADSWORTH ATHENEUM MUSEUM OF ART
600 MAIN ST
HARTFORD
,
CT
06103
PC
GENERAL USE GRANT
5,000
WESTERN CONNECTICUT STATE UNIVERSITY
181 WHITE ST
DANBURY
,
CT
06810
PC
SCHOLARSHIPS
6,500
WINDHAM AREA INTERFAITH MINISTRY
PO BOX 221
WILLIMANTIC
,
CT
06226
PC
GENERAL USE GRANT
4,000
WORLD AFFAIRS COUNCIL CONNECTICUT INC
1049 ASYLUM AVE
HARTFORD
,
CT
06105
PC
GENERAL USE GRANT
4,500
YMCA OF GREATER HARTFORD
160 JEWELL STREET
HARTFORD
,
CT
06103
PC
GENERAL USE GRANT
100,000
YWCA HARTFORD REGION
135 BROAD STREET
HARTFORD
,
CT
06105
PC
GENERAL USE GRANT
1,500
Total
.................................
3a
1,969,291
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
765
4
Dividends and interest from securities
....
14
782,822
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
1,811,331
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
2,594,918
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
2,594,918
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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
(2019)
Form 990-PF (2019)
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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description