Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
FORREST C & FRANCES H LATTNER
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)241 NE 4TH STREET NO C
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DELRAY BEACH, FL33444
A Employer identification number

20-3106502
B Telephone number (see instructions)

(561) 266-9494
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$68,543,746J 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 69,573 69,573  
4 Dividends and interest from securities... 658,048 658,048  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,242,628
b Gross sales price for all assets on line 6a 4,519,924
7 Capital gain net income (from Part IV, line 2)... 1,242,628
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 896,744 896,744  
12 Total. Add lines 1 through 11........ 2,866,993 2,866,993  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 233,193 46,639   186,554
14 Other employee salaries and wages...... 150,241 37,560   112,681
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 24,010 24,010   0
c Other professional fees (attach schedule).... Click to see attachment 404,669 404,669   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 115,426 66,436   8,631
19 Depreciation (attach schedule) and depletion... Click to see attachment 8,740 9,766  
20 Occupancy.............. 55,101 16,530   38,571
21 Travel, conferences, and meetings....... 502 126   376
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 39,013 9,752   29,261
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,030,895 615,488   376,074
25 Contributions, gifts, grants paid....... 3,153,750 3,153,750
26 Total expenses and disbursements. Add lines 24 and 25 4,184,645 615,488   3,529,824
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,317,652
b Net investment income (if negative, enter -0-) 2,251,505
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
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 3,634,509 2,906,369 2,906,369
3 Accounts receivable bullet17,583
Less: allowance for doubtful accounts bullet   286,996 17,583 17,583
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.......... 114,726 126,375 126,375
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 60,247,303 Click to see attachment59,924,295 65,378,851
14 Land, buildings, and equipment: basis bullet159,792
Less: accumulated depreciation (attach schedule) bullet45,724 122,808 Click to see attachment114,068 114,068
15 Other assets (describe bullet) Click to see attachment500 Click to see attachment500 Click to see attachment500
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,406,842 63,089,190 68,543,746
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 64,406,842 63,089,190
29 Total net assets or fund balances (see instructions)..... 64,406,842 63,089,190
30 Total liabilities and net assets/fund balances (see instructions). 64,406,842 63,089,190
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
64,406,842
2
Enter amount from Part I, line 27a .....................
2
-1,317,652
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
63,089,190
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
63,089,190
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 35,460.993 SHS PRINCIPAL DIVESIF REAL ASSET I P 2017-08-24 2019-05-06
b 8,800.2350 SHS FPA CRESCENT FUND P 2011-07-26 2019-05-07
c 5,714 SHS VANGUARD INTL EQUITY INDEX FUND P 2017-04-25 2019-05-07
d 18,925.057 SHS ARTISAN DEVELOPING WORLD FUND INS P 2017-05-01 2019-05-09
e 356.508313 SHS VALINOR CAPITAL PTNRS OFFSHORE LTD 1B P 2011-06-28 2019-06-30
383.594506 SHS VALINOR CAPITAL PTNRS OFFSHORE LTD 1C P 2011-06-28 2019-06-30
10,101.010 SHS FPA CRESCENT FUND P 2011-07-26 2019-12-17
26,206.323 SHS PIMCO INCOME FUND P 2017-11-30 2019-12-17
8,494 SHS VANGUARD INTL EQUITY INDEX FUND P 2017-04-25 2019-12-18
DAVIDSON KEMPNER INSTITUTIONAL PTRS LP P    
ARROWSTREET INTL P    
POLUNIN DEV COUNTRIES FD P    
SILCHESTER INT'L VALUE EQUITY TRUST P    
VALINOR CAPITAL PARTNERS -1C P    
METRO REAL ESTATE PARTERS IV LP P    
METRO REAL ESTATE PARTERS V LP P    
METRO REAL ESTATE PARTERS VI LP P    
PARK STREET CAPITAL PRIVATE EQUITY VII LP P    
PARK STREET CAPITAL PRIVATE EQUITY VIII LP P    
PARK STREET CAPITAL NATURAL RESOURCE FD LP P    
PARK STREET CAPITAL NATURAL RESOURCES CORP P    
NO TRUST - AGENCY P    
NO TRUST - NT-2-086843 P    
NO TRUST - OPERATING P    
COATUE OFFSHORE FD LTD P    
PALESTRA CAP OFFSHORE P    
FCOI II HOLDINGS LP P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 400,000   405,149 -5,149
b 300,000   245,442 54,558
c 249,640   227,044 22,596
d 250,000   216,881 33,119
e 484,430   517,089 -32,659
532,817   552,291 -19,474
350,000   281,721 68,279
315,000   324,379 -9,379
374,415   337,506 36,909
112,478     112,478
14,596     14,596
    84,475 -84,475
308,653     308,653
83,268     83,268
    43,571 -43,571
    869 -869
12,178     12,178
38,533     38,533
108,684     108,684
    39,025 -39,025
    1,854 -1,854
18     18
401,349     401,349
86     86
79,237     79,237
74,384     74,384
30,158     30,158
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       -5,149
b       54,558
c       22,596
d       33,119
e       -32,659
      -19,474
      68,279
      -9,379
      36,909
      112,478
      14,596
      -84,475
      308,653
      83,268
      -43,571
      -869
      12,178
      38,533
      108,684
      -39,025
      -1,854
      18
      401,349
      86
      79,237
      74,384
      30,158
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 1,242,628
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 3,651,432 66,442,146 0.054957
2017 2,345,481 69,490,349 0.033753
2016 2,536,913 63,949,316 0.039671
2015 4,231,301 66,338,991 0.063783
2014 4,293,972 73,686,242 0.058274
2
Total of line 1, column (d) .....................
2
0.250438
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
0.050088
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
64,893,187
5
Multiply line 4 by line 3......................
5
3,250,370
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
22,515
7
Add lines 5 and 6........................
7
3,272,885
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,529,824
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 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 22,515
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 22,515
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 22,515
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 119,881
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.............. 7 119,881
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 97,366
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet40,000 RefundedBullet 11 57,366
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbulletN/A
    14
    The books are in care ofbulletFORREST FRANCES LATTNER FOUNDATIO Telephone no.bullet (561) 266-9494

    Located atbullet241 NE 4TH STREET STE CDELRAY BEACHFL ZIP+4bullet33444
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DREW H HOLLENBECK TRUSTEE
    10.00     		70,795 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    DAVID W HOLLENBECK TRUSTEE
    10.00     		70,949 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    DOUGLAS W HOLLENBECK TRUSTEE
    10.00     		67,448 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    SUSAN L LLOYD CHAIRMAN
    10.00     		24,000 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    SUE MANN FUND MANAGER
    40.00     		106,538 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    MARIE CLAIRE A DIAB ADMINISTRATIVE
    40.00     		43,702 0 0
    241 NE 4TH STREET STE C
    DELRAY BEACH,FL33444
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    62,013,448
    b
    Average of monthly cash balances.......................
    1b
    3,504,239
    c
    Fair market value of all other assets (see instructions)................
    1c
    363,721
    d
    Total (add lines 1a, b, and c).........................
    1d
    65,881,408
    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
    65,881,408
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    988,221
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    64,893,187
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,244,659
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,244,659
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    22,515
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
    3,159
    c
    Add lines 2a and 2b............................
    2c
    25,674
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,218,985
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,218,985
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,218,985
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    3,529,824
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,529,824
    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
    22,515
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,507,309
    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 3,218,985
    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...... 650,372
    b From 2015...... 995,631
    c From 2016......  
    d From 2017......  
    e From 2018...... 403,829
    fTotal of lines 3a through e........ 2,049,832
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 3,529,824
    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..... 3,218,985
    e Remaining amount distributed out of corpus 310,839
    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).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,360,671
    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) ...     		650,372
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		1,710,299
    10 Analysis of line 9:
    a Excess from 2015.... 995,631
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018.... 403,829
    e Excess from 2019.... 310,839
    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....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 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.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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)
    aPaid during the year
    ALLIANCE FOR NATURAL HEALTH FOUNDATION
    1011 E JEFFERSON ST STE 204
    CHARLOTTESVILLE,VA22902     		NONE 501(C)3 SUPPORT PROTECTION OF CONSUMER ACCESS TO 25,000
    AMERICAN CITIZENS FOR HEALTH CHOICE
    6031 CULLIGAN WAY
    MINNETONKA,MN55345     		NONE 501(C)3 HEALTH CHOICE VERMONT 3,000
    AYERSFOUNDATION
    6 HAVERSHAM RD
    WESTERLY,RI02891     		NONE 501(C)3 GENERAL SUPPORT 12,000
    BEYOND PESTICIDES-ORGANIC EYE
    701 E STREET SE STE 200
    WASHINGTON,DC20003     		NONE 501(C)3 ORGANICEYE PROJECT 18,000
    EARTH ECHO INT'L
    2101 L STREET NW STE 800
    WASHINGTON,DC20037     		NONE 501(C)3 BEYOND THE REEF 200,000
    BIOFIELD TUNING INSTITUTE
    1 MAIN ST 307
    BURLINGTON,VT05401     		NONE 501(C)3 VETERANS RESEARCH STUDY 20,000
    BIONUTRIENT FOOD ASSOCIATION
    24 HILLSVILLE RD
    N BROOKFIELD,MA01535     		NONE 501(C)3 PROGRAM SUPPORT 40,000
    BREAST CANCER RESEARCH FOUNDATION
    28 W 44TH ST STE 609
    NEW YORK,NY10036     		NONE 501(C)3 BCRF RESEARCH AWARD FOR DR. LINDA VAHDAT 125,000
    BRATTLEBORO MEMORIAL HOSPITAL
    17 BELMONT AVE
    BRATTLEBORO,VT05301     		NONE 501(C)3 VERMONT HEALTHY FOOD IN HEALTHCARE NETWORK 20,000
    CENTER FOR BIOLOGICAL DIVERSITY
    PO BOX 710
    TUCSON,AZ85702     		NONE 501(C)3 GENERAL SUPPORT 1,100
    CENTER FOR YOUTH
    905 MONROE AVE
    ROCHESTER,NY14620     		NONE 501(C)3 GENERAL SUPPORT 2,500
    CHILDREN'S GLOBAL ALLIANCE
    2121 N FRONTAGE RD 176
    VAIL,CO81657     		NONE 501(C)3 DIRECT DERVICE COSTS 105,000
    CHRISTIANS REACHING OUT TO SOCIETY
    3677 23RD AVE S B-101
    LAKE WORTH,FL33461     		NONE 501(C)3 CARING KITCHEN DELRAY 35,000
    THE COMFORT CUB
    2240 ENCINITAS BLVD STE D110
    ENCINITAS,CA92024     		NONE 501(C)3 GENERAL OPERATING SUPPORT 35,000
    COMMITTEE ON TEMPORARY SHELTER
    PO BOX 1616
    BURLINGTON,VT05402     		NONE 501(C)3 FAMILY SHELTER & CHILDREN'S PROGRAM 5,000
    COMMON ROOTS
    PO BOX 9335
    S BURLINGTON,VT05407     		NONE 501(C)3 PROGRAM SUPPORT 40,000
    COMMUNITY GREENING
    3384 LAKEVIEW BLVD
    DELRAY BEACH,FL33445     		NONE 501(C)3 PLANTING PRIDE, TREE-PLANTING CAMPAIGN 35,000
    THE COMPASS SCHOOL
    537 OLD NORTH RD
    KINGSTON,RI02881     		NONE 501(C)3 FARM SUPPORT AND BARN RENOVATION 75,000
    CONSERVATION LAW FOUNDATION
    62 SUMMER STREET
    BOSTON,MA02110     		NONE 501(C)3 ADVOCACY TO PRESERVE & PROTECT RI ENVIRONMENT 30,000
    CORNUCOPIA INSTITUTE
    PO BOX 126
    CORNUCOPIA,WI54827     		NONE 501(C)3 MARKETPLACE ACTIVISM ORGANIC POLICY & INDUSTR 17,000
    THE CROSSROADS CLUB
    1700 LAKE IDA RD
    DELRAY BEACH,FL33445     		NONE 501(C)3 DRUG EDUCATION, SERVICE AND PREVENTION 15,000
    DELRAY BEACH HISTORICAL SOCIETY
    3 NE FIRST ST
    DELRAY BEACH,FL33483     		NONE 501(C)3 GENERAL SUPPORT 2,000
    DELRAY BEACH PUBLIC LIBRARY
    100 W ATLANTIC AVE
    DELRAY BEACH,FL33444     		NONE 501(C)3 GENERAL SUPPORT 2,000
    EARTHJUSTICE
    50 CALIFORNIA ST STE 500
    SAN FRANCISCO,CA94111     		NONE 501(C)3 SUSTAINABLE FOOD & FARMING PROGRAM 25,000
    ENVIRONMENT & HUMAN HEALTH
    1191 RIDGE RD
    N HAVEN,CT06473     		NONE 501(C)3 RESEARCH REPORT PLASTICS 75,000
    ENVIRONMENT RHODE ISLAND RESEARCH&POL
    11 S ANGELL ST 160
    PROVIDENCE,RI29606     		NONE 501(C)3 GENERAL SUPPORT 1,100
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVE S
    NEW YORK,NY10010     		NONE 501(C)3 GENERAL SUPPORT 1,100
    ENVIRONMENTAL WORKING GROUP
    1436 U ST NW STE 100
    WASHINGTON,DC20009     		NONE 501(C)3 GENERAL SUPPORT 1,100
    EPIDEMIC ANSWERS
    360 BLOOMFIELD AVE STE 301
    WINDSOR,CT06095     		NONE 501(C)3 THE DOCUMENTING HOPE PROJECT 80,000
    FAMILIES FIRST IN SOUTHERN VERMONT
    PO BOX 939
    WILMINGTON,VT05363     		NONE 501(C)3 GENERAL SUPPORT 1,100
    FARM-BASED EDUCATION ASSOCIATION
    1611 HARBOR RD
    SHELBURNE,VT05482     		NONE 501(C)3 2020 NOURISH VERMONT TRADITIONAL FOODS & H 90,000
    FELLOWSHIP OF THE WHEEL
    PO BOX 1566
    WILLISTON,VT05495     		NONE 501(C)3 GENERAL SUPPORT 4,000
    FLYNN CENTER FOR THE PERFORMING ARTS
    153 MAIN STREET
    BURLINGTON,VT05401     		NONE 501(C)3 2019-2020 FLYNN STUDENT MATINEE SERIES 20,000
    FOOD & WATER WATCH
    1616 P ST NW
    WASHINGTON,DC20036     		NONE 501(C)3 GENERAL SUPPORT 2,400
    GIRLS ON THE RUN RHODE ISLAND
    PO BOX 72787
    PROVIDENCE,RI02907     		NONE 501(C)3 GENERAL SUPPORT 1,100
    GREEN AMERICA
    1612 K ST NW STE 600
    WASHINGTON,DC20006     		NONE 501(C)3 SOIL SUPERHEROES CAMPAIGN 10,000
    GREEN MOUNTAIN VALLEY SCHOOL
    271 MOULTON RD
    WAITSFIELD,VT05673     		NONE 501(C)3 GMVS NUTRITION, DIET & PERFORMANCE INITIATIVE 40,000
    HABITAT FOR HUMANITY VAIL VALLEY
    PO BOX 4149
    AVON,CO81620     		NONE 501(C)3 FUND FOUNDATIONS FOR HOMES TO BE BUILT IN 2019 15,000
    THE HOLE IN THE WALL GANG FUND
    555 LONG WHARF DR
    NEW HAVEN,CT06511     		NONE 501(C)3 UNDERWRITE A SPECIALIST FOR HOSPITAL OUTREACH 75,000
    INSPIRIT
    PO BOX 248
    LAKE WORTH,FL33460     		NONE 501(C)3 EXPAND SERVICES IN PALM BEACH COUNTY 10,000
    INTERVALE CENTER
    180 INTERVALE RD
    BURLINGTON,VT05401     		NONE 501(C)3 GENERAL OPERATING SUPPORT 40,000
    ISLAND PRESSCENTER FOR RES ECONOMICS
    2000 M ST NW STE 650
    WASHINGTON,DC20036     		NONE 501(C)3 PUBLISHING AND EDUCATIONAL EFFORTS 40,000
    JONNYCAKE CENTER OF WESTERLY
    23 INDUSTRIAL DR
    WESTERLY,RI02891     		NONE 501(C)3 FOOD PANTRY, EMERGENCY FINANCIAL AID, EDUCAT 35,000
    KAPPA DELTA FOUNDATION
    3205 PLAYERS LN
    MEMPHIS,TN38125     		NONE 501(C)3 GENERAL SUPPORT 2,000
    KING STREET CENTER
    PO BOX 1615
    BURLINGTON,VT05402     		NONE 501(C)3 GENERAL SUPPORT 2,000
    LANPHEAR LIVERY THEATRICAL GROUP
    34 SHORE RD
    WESTERLY,RI02891     		NONE 501(C)3 HELP START AND FUND THE THEATRE CAMP 5,000
    LEAGUE OF CONSERVATION VOTERS EDUCATION FUND
    740 15TH ST NW STE 700
    WASHINGTON,DC20005     		NONE 501(C)3 GENERAL SUPPORT 1,100
    LITERACY VOLUNTEERS OF WASHINGTON CNTY
    93 TOWER ST UNITS 25 26
    WESTERLY,RI02891     		NONE 501(C)3 OPERATING SUPPORT 15,000
    LITTLE BELLAS
    PO BOX 1083
    JERICHO,VT05465     		NONE 501(C)3 GENERAL SUPPORT 5,000
    LUND
    76 GLEN RD
    BURLINGTON,VT05401     		NONE 501(C)3 GENERAL SUPPORT 2,000
    MAKE-A-WISH FOUNDATION OF MASSACHUSET
    20 HEMINGWAY DR
    E PROVIDENCE,RI02915     		NONE 501(C)3 PROVIDENCE, RI CHAPTERS' WISHES PROGRAM 2,000
    MARLBORO MEETING HOUSE
    PO BOX 64
    MARLBORO,VT05344     		NONE 501(C)3 GENERAL SUPPORT 1,100
    MEADOWBROOK WALDORF SCHOOL
    300 KINGSTOWN RD
    W KINGSTON,RI02892     		NONE 501(C)3 GREENFIBER INSULATION, AND MARMOLEUM FLOOR 50,000
    MIDDLEBRIDGE SCHOOL
    333 OCEAN RD
    NARRAGANSETT,RI02882     		NONE 501(C)3 EDIBLE SCHOOL YARD, SOURCED ORGANIC 30,000
    MIND SPRINGS HEALTH
    6916 HIGHWAY 82
    GLENWOOD SPRINGS,CO81601     		NONE 501(C)3 HELP MATCH A CHALLENGE GRANT FOR FACILITIES 100,000
    MURAL ARTS PHILADELPHIA
    1727-29 MT VERNON ST
    PHILADELPHIA,PA19130     		NONE 501(C)3 ART EDUCATION PROGRAM & INSTITUTE 75,000
    NATIONAL WILDLIFE FEDERATION
    PO BOX 1583
    MERRIFIELD,VA22116     		NONE 501(C)3 GENERAL SUPPORT 1,100
    NATURAL RESOURCES DEFENSE COUNCIL
    40 W 20TH ST
    NEW YORK,NY10011     		NONE 501(C)3 GENERAL SUPPORT 1,100
    THE NATURE CONSERVANCY IN RHODE ISLAND
    159 WATERMAN ST
    PROVIDENCE,RI02906     		NONE 501(C)3 RHODE ISLAND CHAPTER WORK 50,000
    NEW ENGLAND SCIENCE AND SAILING FDN
    PO BOX 733
    STONINGTON,CT06378     		NONE 501(C)3 GENERAL SUPPORT 10,000
    NORTON MUSEUM OF ART
    1450 S DIXIE HWY
    WEST PALM BEACH,FL33401     		NONE 501(C)3 GENERAL SUPPORT 7,000
    NORTHEAST ORGANIC FARMING ASSN (NOFA)
    P O BOX 697
    RICHMOND,VT05477     		NONE 501(C)3 GROW ORGANIC AGRICULTURE IN VERMONT 50,000
    OCEAN CONSERVANCY
    1300 19TH ST NW 8TH FL
    WASHINGTON,DC20036     		NONE 501(C)3 TRASH FREE SEAS PROGRAM; OCEAN CLIMATE 100,000
    OCEANA
    1350 CONNECTICUT AVE NW 5TH FL
    WASHINGTON,DC20036     		NONE 501(C)3 GENERAL SUPPORT 1,100
    OIL CHANGE INTERNATIONAL
    714 G ST SE STE 202
    WASHINGTON,DC20003     		NONE 501(C)3 GENERAL SUPPORT 1,100
    ORGANIC CONSUMERS ASSOCIATION
    6771 S SILVER HILL DR
    FINLAND,MN55603     		NONE 501(C)3 BEN & JERRY'S CAMPAIGN-FROM INDUSTRIAL 25,000
    ORGANIC FARMING RESEARCH FOUNDATION
    PO BOX 440
    SANTA CRUZ,CA95061     		NONE 501(C)3 GENERAL OPERATING SUPPORT 25,000
    PCI-MEDIA IMPACT
    777 UNITED NATIONS PLAZA 5TH FLOOR
    NEW YORK,NY10017     		NONE 501(C)3 PUNTA FUEGO; BELIZE SUSTAINABLE FISHERIES 10,000
    PALM BEACH POST SEASON TO SHARE FUND
    2751 S DIXIE HIGHWAY
    WEST PALM BEACH,FL33405     		NONE 501(C)3 SEASON TO SHARE FUND 2019 30,000
    PUPPIES BEHIND BARS
    236 W 38TH ST 4TH FL
    NEW YORK,NY10018     		NONE 501(C)3 GENERAL SUPPORT 2,000
    REAL ORGANIC PROJECT
    82 WILSON RD
    E THETFORD,VT05043     		NONE 501(C)3 GENERAL OPERATING AND PROGRAM COSTS 245,000
    REGENERATION VERMONT
    135 LONDON LN
    HARDWICK,VT05843     		NONE 501(C)3 VERMONT RISING:BEYOND BIG DAIRY CAMPAIGN 35,000
    RISE SOCIETY
    8820 LADUE RD STE 203
    ST LOUIS,MO63124     		NONE 501(C)3 GENERAL SUPPORT 5,000
    RURAL VERMONT
    46 E STATE ST
    MONTPELIER,VT05602     		NONE 501(C)3 OPERATIONAL SUPPORT FOR EDUCATION, ADVOCACY 40,000
    RUSSELL BYERS CHARTER SCHOOL
    1911 ARCH ST
    PHILADELPHIA,PA19103     		NONE 501(C)3 SMART BOARDS FOR MIDDLE SCHOOL CLASSROOMS 25,000
    SAVE THE BAY
    100 SAVE THE BAY DRIVE
    PROVIDENCE,RI02905     		NONE 501(C)3 CONTINUED IMPROVEMENT FOR THE HEALTH OF LITTLE 65,000
    SAVE THE WAVES COALITION
    PO BOX 183
    DAVENPORT,CA95017     		NONE 501(C)3 GENERAL SUPPORT 1,100
    SCULPTURE SCHOOL
    PO BOX 893
    WAITSFIELD,VT05673     		NONE 501(C)3 GENERAL SUPPORT 2,000
    SHELBURNE FARMS
    1611 HARBOR ROAD
    SHELBURNE,VT05842     		NONE 501(C)3 BREEDING BARN RESTORATION CAMPAIGN, FOOD 85,000
    SIERRA CLUB FOUNDATION
    2101 WEBSTER ST STE 1300
    OAKLAND,CA94612     		NONE 501(C)3 GENERAL SUPPORT 1,100
    SKI & SNOWBOARD CLUB VAIL
    598 VAIL VALLEY DR
    VAIL,CO81657     		NONE 501(C)3 SCHOLARSHIPS AND NEW CLUBHOUSE 75,000
    THE SOUP KITCHEN INC
    8645 W BOYNTON BEACH BLVD
    BOYNTON BEACH,FL33474     		NONE 501(C)3 PROGRAM SUPPORT 65,000
    SOUTHEASTERN GUIDE DOGS
    4210 77TH ST E
    PALMETTO,FL34221     		NONE 501(C)3 VETERANS PROGRAM 10,000
    STAND UP FOR ANIMALS
    PO BOX 1706
    WESTERLY,RI02891     		NONE 501(C)3 GENERAL SUPPORT 1,100
    STARTING HEARTS
    PO BOX 2981
    AVON,CO81620     		NONE 501(C)3 LEADERSHIP AND LIFESAVING CURRICULUM 25,000
    STEADMAN PHILIPPON RESEARCH INSTITUTE
    181 W MEADOW DR STE 1000
    VAIL,CO81657     		NONE 501(C)3 EQUIPMENT-RELATED SKIING INJURY PREVENTION 60,000
    STUDIO 878 TRUST
    878 MAIN ST
    CHATHAM,MA02633     		NONE 501(C)3 ADAM IN CHATHAM'S CHANCE TO DANCE 2,500
    SURFRIDER FOUNDATION
    PO BOX 73550
    SAN CLEMENTE,CA92673     		NONE 501(C)3 PLASTIC POLLUTION INITIATIVE 75,000
    TRINITY YARD SCHOOL
    PO BOX 391
    BRISTOL,VT05472     		NONE 501(C)3 CAREER DEVELOPMENT PROGRAM 15,000
    TURNING POINT CENTER OF CHITTENDEN COUNT
    179 S WINOOSKI AVE STE 301
    BURLINGTON,VT05401     		NONE 501(C)3 GENERAL SUPPORT 2,000
    UNION OF CONCERNED SCIENTISTS
    2 BRATTLE SQUARE
    CAMBRIDGE,MA02138     		NONE 501(C)3 GENERAL SUPPORT 1,100
    UNIVERSITY OF VERMONT FOUNDATION
    411 MAIN ST
    BURLINGTON,VT05401     		NONE 501(C)3 UNIVERSITY OF VERMONT PASTURE PROGRAM 30,000
    VERMONT COMMUNITY GARDEN NETWORK
    ONE MILL ST STE 200
    BURLINGTON,VT05401     		NONE 501(C)3 DIRECT GARDEN EDUCATION PROGRAMS 10,000
    VERMONT GRASS FARMERS ASSOCIATION
    327 US RTE 302
    BARRE,VT05061     		NONE 501(C)3 PROGRAM SUPPORT 25,000
    WAYSIDE HOUSE
    378 NE SIXTH AVE
    DELRAY BEACH,FL33483     		NONE 501(C)3 WOMEN'S HOLISTIC TREATMENT THERAPIES 30,000
    WARM (WESTERLY AREA REST MEALS)
    56 SPRUCE STREET
    WESTERLY,RI02891     		NONE 501(C)3 HARVEST HOMES PROGRAM 35,000
    WESTERLY ARMORY RESTORATION
    PO BOX 614
    WESTERLY,RI02891     		NONE 501(C)3 DRILL HALL DORMER PAINTING AND REPAIR 3,750
    THE WESTERLY LAND TRUST
    PO BOX 601
    WESTERLY,RI02891     		NONE 501(C)3 ELEANOR F. AND EDWARD W. BARLOW NATURE 83,000
    WESTERLY REVOLVING FUND
    PO BOX 112
    WESTERLY,RI02891     		NONE 501(C)3 ASSIST WITH ACQUISITION AND RENOVATION 25,000
    WILLIAM T DWYER HIGH SCHOOL
    13601 N MILITARY TRL
    PALM BEACH GARDEN,FL33418     		NONE 501(C)3 CHORUS 3,000
    THE WOOD-PAWCATUCK WATERSHED ASSN
    203 ARCADIA ROAD
    HOPE VALLEY,RI02832     		NONE 501(C)3 BRIDGE FUNDING FOR THE WILD & SCENIC RIVERS 40,000
    Total .................................bullet 3a 3,153,750
    bApproved for future payment
    Total .................................bullet 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.)
    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 69,573  
    4 Dividends and interest from securities....     14 658,048  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 896,744  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,242,628  
    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 2,866,993 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,866,993
    (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 (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? ...........
    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 (2019)
    Additional Data


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    Software Version:  


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    Special Condition Description