Form990-PF
Click to see list of attachments

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 10-01-2018 , and ending 09-30-2019
Name of foundation
SEVEN BRIDGES FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)114 JOHN STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENWICH, CT06831
A Employer identification number

06-1498953
B Telephone number (see instructions)

(203) 861-7527
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$70,467,293J 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 749 749 749
4 Dividends and interest from securities... 461,812 461,812 461,812
5a Gross rents............ 66,000 66,000 66,000
b Net rental income or (loss) 37,482
6a Net gain or (loss) from sale of assets not on line 10 -1,221,202
b Gross sales price for all assets on line 6a 10,935,717
7 Capital gain net income (from Part IV, line 2)...  
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 -18,554 -22,554 -22,554
12 Total. Add lines 1 through 11........ -711,195 506,007 506,007
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 40,000     40,000
14 Other employee salaries and wages...... 170,279     170,279
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 17,250 8,625 8,625 8,625
c Other professional fees (attach schedule).... Click to see attachment 90,371 90,371 90,371  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 235,166     235,166
19 Depreciation (attach schedule) and depletion... Click to see attachment 428,943    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 12,488     12,488
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 282,988 45,685 45,685 237,303
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,277,485 144,681 144,681 703,861
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,277,485 144,681 144,681 703,861
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,988,680
b Net investment income (if negative, enter -0-) 361,326
c Adjusted net income (if negative, enter -0-)... 361,326
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......... 1,938,826 1,130,597 1,130,597
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 17,060 18,130 18,130
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 319,758    
c Investments—corporate bonds (attach schedule)....... 7,519,251 Click to see attachment7,013,324 7,501,344
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 128,751    
14 Land, buildings, and equipment: basis bullet27,988,426
Less: accumulated depreciation (attach schedule) bullet4,304,080 24,088,981 Click to see attachment23,684,346 23,684,346
15 Other assets (describe bullet) Click to see attachment37,955,326 Click to see attachment38,132,876 Click to see attachment38,132,876
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 71,967,953 69,979,273 70,467,293
Liabilities 17 Accounts payable and accrued expenses.......... 9,500 9,500
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)......... 9,500 9,500
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........ 17,210,649 17,210,649
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 54,747,804 52,759,124
30 Total net assets or fund balances (see instructions)..... 71,958,453 69,969,773
31 Total liabilities and net assets/fund balances (see instructions). 71,967,953 69,979,273
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
71,958,453
2
Enter amount from Part I, line 27a .....................
2
-1,988,680
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
69,969,773
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
69,969,773
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 Flaherty & Crumrine - see attached P 2018-12-01 2018-12-01
b Flaherty & Crumrine - see attached P 2018-12-01 2018-12-01
c BTIG - See Attached P 2018-12-01 2018-12-01
d Imperial - See Attached P 2018-12-01 2018-12-01
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 898,260   1,365,735 -467,475
b 525,960   516,654 9,306
c 9,095,722   9,723,264 -627,542
d 415,775   551,266 -135,491
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       -467,475
b       9,306
c       -627,542
d       -135,491
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,221,202
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 -1,221,202
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,149,734 10,850,610 0.10596
2016 1,750,750 17,646,044 0.09922
2015 1,950,754 19,253,504 0.10132
2014 2,476,968 21,061,936 0.11760
2013 1,921,330 29,297,209 0.06558
2
Total of line 1, column (d) .....................
2
0.489679
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
0.097936
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
8,955,102
5
Multiply line 4 by line 3......................
5
877,027
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,613
7
Add lines 5 and 6........................
7
880,640
8
Enter qualifying distributions from Part XII, line 4,.............
8
881,411
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 3,613
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 3,613
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,613
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 56,454
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,454
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 52,841
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet52,841 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    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
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.SEVENBRIDGES.ORG
    14
    The books are in care ofbulletLINDA WILLIAMS Telephone no.bullet (203) 861-7527

    Located atbullet114 JOHN STREETGREENWICHCT ZIP+4bullet06831
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    richard c mckenzie jr President
    15.00     		0    
    118 john street
    greenwich,CT06831
    james schantz Director
    0.50     		0    
    3 elm street
    stockbridge,MA01262
    Karla Rosellen McKenzie Director
    15.00     		40,000    
    1038 valle crest
    palm desert,CA92260
    Bryon W Harmon Director
    0.50     		0    
    shipman one constitution plz
    hartford,CT06103
    stephen walker Director
    0.50     		0    
    861 andreas canyon drive
    palm desert,CA92260
    john ryan Director
    0.50     		0    
    115 central park west apt 24c
    new york,NY10023
    Jennifer McKenzie Glass Director
    0.50     		0    
    3826 palo alto drive
    lafayette,CA94549
    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
    linda williams Bus. Manager
    30.00     		84,833    
    114 john street
    greenwich,CT06831
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    flaherty & crumrine portfolio management 85,271
    301 e colorado blvd suite 720
    pasadena,CA91101
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 collection of contemporary and modern works of art - new acquisitions and improvements 177,550
    2 development, maintenance, operation and exhibition of collection in gallery and sculpture gardens, and acquisition, maintenance and improvement of grounds and program facilities 703,861
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,538,729
    b
    Average of monthly cash balances.......................
    1b
    1,535,150
    c
    Fair market value of all other assets (see instructions)................
    1c
    17,595
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,091,474
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    9,091,474
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    136,372
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,955,102
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    447,755
    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
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    703,861
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    177,550
    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
    881,411
    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
    3,613
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    877,798
    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  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    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
    1998-04-28
    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
    361,326 353,382 409,328 962,675 2,086,711
    b 85% of line 2a ......... 307,127 300,375 347,929 818,274 1,773,705
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		881,411 1,153,268 1,754,843 1,990,973 5,780,495
    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 ....     		881,411 1,153,268 1,754,843 1,990,973 5,780,495
    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...     		298,503 361,687 588,201 641,783 1,890,174
    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).)
    richard c mckenzie jr
    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
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 749  
    4 Dividends and interest from securities....     14 461,812  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 37,482  
    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 -1,221,202  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    acurrency gain/(loss)     		    18 -22,554  
    bprogram fee     6 4,000  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   -739,713  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -739,713
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    accounting 17,250 8,625 8,625 8,625

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

    TY 2018 DepreciationSchedule
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    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
    improvements 1999-04-01 11,836 11,544 SL 2.50 % 292      
    gates 1999-04-01 38,665 37,694 SL 2.50 % 971      
    shrubberies, landscaping 1999-04-01 25,107 24,473 SL 2.50 % 634      
    john st wall 1999-04-01 20,901 20,378 SL 2.50 % 523      
    waterfall 1999-04-01 6,999 6,825 SL 2.50 % 174      
    property improvements 2000-04-01 1,759 1,628 SL 5.00 % 88      
    gates 2000-04-01 12,292 11,377 SL 5.00 % 615      
    landscaping 2000-04-01 61,855 57,220 SL 5.00 % 3,093      
    john st wall 2000-04-01 77,818 71,983 SL 5.00 % 3,891      
    waterfall 2000-04-01 17,940 16,595 SL 5.00 % 897      
    john st wall 2001-04-01 67,324 58,905 SL 5.00 % 3,366      
    sunshields & window glaze 2001-02-07 16,256 14,363 SL 5.00 % 813      
    john st wall 2002-04-01 19,938 16,450 SL 5.00 % 997      
    waterfall 2002-08-21 4,025 3,233 SL 5.00 % 201      
    gallery lighting 2002-09-04 25,734 20,699 SL 5.00 % 1,287      
    carriage house 2002-04-01 46,556 38,412 SL 5.00 % 2,328      
    carriage house 2002-04-01 22,411 18,496 SL 5.00 % 1,121      
    john st wall 2003-04-01 32,439 25,141 SL 5.00 % 1,622      
    gallery improvements 2003-04-01 41,310 32,023 SL 5.00 % 2,066      
    property improvements 2003-04-01 30,409 23,560 SL 5.00 % 1,520      
    john st wall 2004-04-01 28,806 20,880 SL 5.00 % 1,440      
    Gallery Lighting 2004-04-01 47,450 34,408 SL 5.00 % 2,373      
    Bldg Impr. Gutters & Roof 2004-03-17 10,846 7,859 SL 5.00 % 542      
    Trellis Restoration 2004-03-09 17,215 12,556 SL 5.00 % 861      
    Bldg Impr. Kitchen 2004-07-14 22,437 15,988 SL 5.00 % 1,122      
    Wetlands Project 2004-04-01 111,409 80,765 SL 5.00 % 5,570      
    New drive gate 2005-03-01 4,594 3,124 SL 5.00 % 230      
    Gallery Lighting 2005-04-01 245,821 165,929 SL 5.00 % 12,291      
    Property Impr. Courtyard 2004-12-21 13,426 9,226 SL 5.00 % 671      
    Driveways 2004-12-21 64,024 44,014 SL 5.00 % 3,201      
    Stone walls/Pillars 2004-12-21 77,515 53,295 SL 5.00 % 3,876      
    Drainage & Sprinkler 2005-09-30 11,789 7,657 SL 5.00 % 589      
    Parking Area 2004-12-21 52,109 35,819 SL 5.00 % 2,605      
    Prprty Impr.-Wetlands 2004-11-10 7,182 4,996 SL 5.00 % 359      
    Bldg Impr.-Gallery Bldg 2005-07-01 59,073 39,140 SL 5.00 % 2,954      
    gallery imprvmnts-dimmers 2006-09-26 7,000 4,200 SL 5.00 % 350      
    Gallery Driveway 2005-11-22 22,000 14,117 SL 5.00 % 1,100      
    bldg. impr. drainline 2005-10-04 3,900 2,535 SL 5.00 % 195      
    bldg. impr. 117 John st 2006-05-31 349,190 215,340 SL 5.00 % 17,460      
    Building-117 John st 2006-05-31 530,552 327,179 SL 5.00 % 26,528      
    new boiler 2007-02-22 19,750 11,444 SL 5.00 % 988      
    stone walls 2007-03-01 63,735 36,916 SL 5.00 % 3,187      
    gates - gallery II 2007-03-01 65,959 38,202 SL 5.00 % 3,298      
    office lighting 2007-03-01 15,057 8,722 SL 5.00 % 753      
    roof & gutters at gllry I 2007-03-01 189,377 109,682 SL 5.00 % 9,469      
    stone walkways 2007-03-01 9,296 5,386 SL 5.00 % 465      
    turftrack parking area 2007-08-13 28,636 15,991 SL 5.00 % 1,432      
    irrigation system 2007-04-01 37,975 21,838 SL 5.00 % 1,899      
    carriage house imprvmnts 2007-04-01 13,871 7,981 SL 5.00 % 694      
    stone walls 2008-04-01 59,247 31,101 SL 5.00 % 2,962      
    security system 2008-09-11 240,432 121,222 SL 5.00 % 12,022      
    air cnd. unit-117 john st 2009-09-16 5,880 2,646 SL 5.00 % 294      
    security camera 2009-04-15 654 313 SL 5.00 % 33      
    security system upgrade 2009-09-16 23,269 10,467 SL 5.00 % 1,163      
    Painting carriage house 2009-07-29 5,991 3,667 SL 6.67 % 400      
    Renovations-Carriage hous 2009-08-17 39,121 23,698 SL 6.67 % 2,609      
    Landscaping-Carriage hous 2008-10-06 3,845 2,560 SL 6.67 % 256      
    Tileing-Carriage House 2009-09-16 4,054 2,430 SL 6.67 % 270      
    security system 2010-08-01 5,664 2,299 SL 5.00 % 283      
    security system upgrade 2011-02-01 19,075 7,155 SL 5.00 % 954      
    improvements 2012-07-10 50,000 20,425 SL 6.67 % 3,335      
    furniture & fixtures 2012-02-01 38,321 36,270 SL 5.36 % 2,051      
    office equipment 2013-10-25 3,058 2,754 SL 10.00 % 304      
    office equipment 2014-03-10 3,510 3,159 SL 10.00 % 351      
    equipment 2014-04-08 1,168 1,053 SL 10.00 % 115      
    furniture & fixtures 2014-07-10 18,224 11,715 SL 14.28 % 2,602      
    automobile - dodge 2014-06-03 26,250 23,625 SL 10.00 % 2,625      
    BUILDING - GALLERY II 2013-10-01 9,758,377 1,240,974 SL 2.56 % 250,205      
    Boiler 2014-12-19 11,089 2,589 SL 6.67 % 740      
    Hot Water Heater 2014-12-19 3,636 850 SL 6.67 % 243      
    Office Equipment 2014-10-20 1,078 756 SL 20.00 % 216      
    Laptop 2015-02-16 890 623 SL 20.00 % 178      
    Landscaping 2014-10-20 8,110 1,893 SL 6.67 % 541      
    lenovo Laptop G2 2015-09-22 949 665 SL 20.00 % 190      
    Office Equipment - TV 2014-10-20 601 420 SL 20.00 % 120      
    Shed 2016-09-29 5,000 594 SL 5.00 % 250      
    Sonic Wall Server 2015-12-03 2,856 1,642 SL 20.00 % 571      
    HP Elite 8300 2016-07-12 1,974 839 SL 20.00 % 395      
    Lenovo M800 2016-08-09 2,032 863 SL 20.00 % 406      
    Server - Main 2016-09-23 5,543 2,357 SL 20.00 % 1,109      
    G2 Carpet - Gallery 2015-12-03 6,281 2,580 SL 14.29 % 898      
    Office Chairs 2015-12-15 968 397 SL 14.29 % 138      
    Gallery Rugs 2016-08-30 3,000 911 SL 14.29 % 429      
    Roof 2016-11-08 8,000 385 SL 2.56 % 205      
    Fan Coil & ACCU G1 2016-10-17 6,790 679 SL 6.67 % 453      
    HVAC 1st Floor Gallery 2017-09-21 3,437 343 SL 6.67 % 229      
    Software 2016-10-21 3,500 2,236 SL 3.0000 1,167      
    G2 Cameras 2017-01-12 1,820 546 SL 20.00 % 364      
    Computer/ipad 2017-06-15 2,798 840 SL 20.00 % 560      
    IPADS 2017-07-21 1,150 345 SL 20.00 % 230      
    Washer/Dryer 2017-05-11 1,370 294 SL 14.29 % 196      
    Lawnmower 2017-04-26 6,379 637 SL 6.67 % 425      
    bridge 2018-09-01 35,195 220 SL 5.00 % 1,760      
    equipment 2018-02-28 2,950 263 SL 14.29 % 422      
    bridge 2018-10-31 23,689   SL 2.50 % 592      
    equipment 2019-05-17 235   SL 7.14 % 17      
    software 2019-07-16 384   SL 16.67 % 64      

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    bonds - flaherty 7,013,324 7,501,344

    TY 2018 LandEtcSchedule2
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 26,250 26,250    
    Furniture and Fixtures 503,045 403,736 99,309 99,309
    Machinery and Equipment 313,092 282,104 30,988 30,988
    Buildings 10,288,929 1,844,886 8,444,043 8,444,043
    Improvements 2,486,797 1,747,104 739,693 739,693
    Land 14,370,313   14,370,313 14,370,313


    TY 2018 OtherAssetsSchedule
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    artwork, capitalized costs 37,955,326 38,132,876 38,132,876


    TY 2018 OtherExpensesSchedule
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    bank fees 1,651 826 825 825
    computer support 21,305 10,652 10,653 10,653
    Insurance 45,819     45,819
    office expenses 11,378 5,689 5,689 5,689
    program expenses 17,729     17,729
    property management expenses 77,513     77,513
    Rental Expenses 28,518 28,518 28,518  
    shipping, handling & Repair of art 8,305     8,305
    utilities 70,770     70,770


    TY 2018 OtherIncomeSchedule2
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    currency gain/(loss) -22,554 -22,554 -22,554
    program fee 4,000    


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    investment advisory fees 90,371 90,371 90,371 0


    TY 2018 TaxesSchedule
    Name:
    SEVEN BRIDGES FOUNDATION INC
    EIN:
    06-1498953
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    payroll taxes 14,838     14,838
    property taxes 220,328     220,328