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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
FIELDS POND FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 540667
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WALTHAM, MA024540667
A Employer identification number

04-3196041
B Telephone number (see instructions)

(781) 899-9990
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$13,975,488J 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      
4 Dividends and interest from securities... 218,000 218,000  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 124,715
b Gross sales price for all assets on line 6a 5,731,714
7 Capital gain net income (from Part IV, line 2)... 124,715
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 342,715 342,715  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 150,640 22,596   112,980
14 Other employee salaries and wages...... 41,430 6,215   31,073
15 Pension plans, employee benefits....... 14,702 2,205   11,026
16a Legal fees (attach schedule)......... Click to see attachment 24,350 3,653   15,828
b Accounting fees (attach schedule)....... Click to see attachment 5,800 3,480   2,320
c Other professional fees (attach schedule).... Click to see attachment 30,870 4,630   23,152
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,039 11,437   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 116 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 77,337 70,504   6,401
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 357,284 124,720   202,780
25 Contributions, gifts, grants paid....... 482,500 482,500
26 Total expenses and disbursements. Add lines 24 and 25 839,784 124,720   685,280
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -497,069
b Net investment income (if negative, enter -0-) 217,995
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 104,573 73,491 73,491
2 Savings and temporary cash investments.........      
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..........      
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).......... 10,442,790 Click to see attachment9,984,376 13,883,865
14 Land, buildings, and equipment: basis bullet2,007
Less: accumulated depreciation (attach schedule) bullet1,834 289 Click to see attachment173 173
15 Other assets (describe bullet) Click to see attachment11,462 Click to see attachment17,959 Click to see attachment17,959
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,559,114 10,075,999 13,975,488
Liabilities 17 Accounts payable and accrued expenses.......... 17 18
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) Click to see attachment0 Click to see attachment13,953
23 Total liabilities (add lines 17 through 22)......... 17 13,971
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........... 5,060,373 4,563,304
25 Net assets with donor restrictions............ 5,498,724 5,498,724
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 10,559,097 10,062,028
30 Total liabilities and net assets/fund balances (see instructions). 10,559,114 10,075,999
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
10,559,097
2
Enter amount from Part I, line 27a .....................
2
-497,069
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,062,028
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
10,062,028
Form 990-PF (2020)
Form 990-PF (2020)
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 S/T CAPITAL GAINS - FIDELITY P 2020-01-01 2020-12-31
b L/T CAPITAL GAINS -FIDELITY P 2019-01-01 2020-12-31
c S/T CAPITAL GAINS FROM DAVIS INVESTMENT VENTURES FUND III-B (K-1) P 2020-01-01 2020-12-31
d L/T CAPITAL GAINS FROM DAVIS INVESTMENT VENTURES FUND III-B (K-1) P 2019-01-01 2020-12-31
e SECTION 1231 GAIN FROM DAVIS INVESTMENT VENTURES FUND III-B P 2019-01-01 2020-12-31
S/T CAPITAL GAINS FROM DAVIS INVESTMENT VENTURES FUND IV-B (K-1) P 2020-01-01 2020-12-31
SECTION 1231 GAIN FROM DAVIS INVESTMENT VENTURES FUND IV-B P 2019-01-01 2020-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,667,437   1,700,657 -33,220
b 3,995,957   3,906,341 89,616
c 2,447     2,447
d 16,548     16,548
e 14,736     14,736
1,733     1,733
    1 -1
32,856     32,856
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       -33,220
b       89,616
c       2,447
d       16,548
e       14,736
      1,733
      -1
      32,856
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 2 124,715
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 3,030
c All other domestic foundations enter 1.39% 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 3,030
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 3,030
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 5,762
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 5,762
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 2,732
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,732 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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.FIELDSPOND.ORG
    14
    The books are in care ofbulletJEANETTE FRITZ Telephone no.bullet (781) 899-9990

    Located atbullet5 TURNER STREETWALTHAMMA ZIP+4bullet02454
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    RHODA R COHEN PRESIDENT
    5.00     		0 0 0
    41 FIELDS POND ROAD
    WESTON,MA02193
    BRIAN H REHRIG TREASURER
    15.00     		0 0 0
    28 ACADEMY STREET
    ARLINGTON,MA02476
    WALTER ANGOFF SECRETARY
    1.00     		0 0 0
    PO BOX 245
    NEW LONDON,NH03257
    BRIAN H REHRIG V.P
    15.00     		125,800 0 0
    28 ACADEMY STREET
    ARLINGTON,MA02476
    BRIAN H REHRIG ASST. SECRETARY
    15.00     		0 0 0
    28 ACADEMY STREET
    ARLINGTON,MA02476
    WALTER ANGOFF ASST. TREAS
    15.00     		0 0 0
    PO BOX 245
    NEW LONDON,NH03257
    BRIAN H REHRIG DIRECTOR
    15.00     		0 0 0
    28 ACADEMY STREET
    ARLINGTON,MA02476
    RHODA R COHEN DIRECTOR
    1.00     		0 0 0
    41 FIELDS POND ROAD
    WESTON,MA02193
    RUSSELL A COHEN DIRECTOR
    1.00     		0 0 0
    57 CHESTER STREET
    ARLINGTON,MA02476
    WALTER ANGOFF VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 245
    NEW LONDON,NH03257
    JEANETTE FRITZ VICE PRESIDENT
    15.00     		24,840 0 0
    30 ARBORO DRIVE
    SHARON,MA02067
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 GRANT MAKING ONLY 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    12,609,196
    b
    Average of monthly cash balances.......................
    1b
    63,950
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,673,146
    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
    12,673,146
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    190,097
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,483,049
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    624,152
    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
    624,152
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,030
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,030
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    621,122
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    621,122
    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
    621,122
    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
    685,280
    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
    685,280
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    685,280
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 621,122
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 10,225
    e From 2019...... 39,249
    fTotal of lines 3a through e........ 49,474
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 685,280
    a Applied to 2019, 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 2020 distributable amount..... 621,122
    e Remaining amount distributed out of corpus 64,158
    5 Excess distributions carryover applied to 2020. 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 5 113,632
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		113,632
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 10,225
    d Excess from 2019.... 39,249
    e Excess from 2020.... 64,158
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 e-mail address of the person to whom applications should be addressed:
    MR BRIAN REHRIG FIELDS POND FOUNDAT
    5 TURNER STREET PO BOX 540667
    WALTHAM,MA024540667
    (781) 899-9990
    bThe form in which applications should be submitted and information and materials they should include:
    *WE ARE PLEASED TO ACCEPT PROPOSALS PREPARED UNDER THE ASSOCIATED GRANT MAKERS COMMON PROPOSAL FORMAT. OTHER FULL PROPOSALS NEED NOT BE MORE THAN THREE OR FOUR PAGES LONG, PLUS ATTACHMENTS BUT SHOULD INCLUDE THE FOLLOWING:*CONCISE DESCRIPTION OF THE PURPOSE FOR WHICH THE GRANT IS SOUGHT,INCLUDING BOTH THE GENERAL GOALS AND THE SPECIFIC OBJECTIVES OF THE PROJECT,AND A SUMMARY OF THE ANTICIPATED BENEFITS FOR THE ENVIRONMENT,THE ORGANIZATION,LOCAL RESIDENTS AND THE BROADER POPULATION.*AN INDICATION OF HOW YOUR PROPOSAL IS CONSISTENT WITH THE FOUNDATION'S SIGNIFICANT OBJECTIVES.*EVIDENCE THAT THE FUNDS WILL BE USED TO ADDRESS AN IMPORTANT NEED THAT WOULD OTHERWISE REMAIN UNMET. *THE PROJECT'S BUDGET, A DESCRIPTION AND SUMMARY OF OTHER FIRM OR LIKELY SOURCES OF FUNDING,AND,FOR PROJECTS THAT ARE INTENDED TO CONTINUE BEYOND THE PROPOSED PERIOD OF THE FOUNDATION'S SUPPORT,AN INDICATION OF PLANS FOR ONGOING FUNDING. *AN INDICATION OF PLANS FOR EVALUATING THE PROJECT AND REPORTING THE RESULTS
    cAny submission deadlines:
    PROPOSALS AND CONCEPT PAPERS MAY BE SUBMITTED AT ANY TIME
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE EXPECTED RANGE OF GRANTS IS $500 TO $25,000 WITH MOST GRANTS FALLING WITHIN THE RANGE OF $2,000 TO $10,000. THE FOUNDATION IS WILLING TO CONSIDER MULTIPLE-YEAR GRANTS. AS A NORMAL PRACTICE, THE FOUNDATION IS UNLIKELY TO MAKE THE FOLLOWING KINDS OF GRANTS: *SUPPORT FOR DEFICITS, FOR ROUTINE OPERATING BUDGETS OR GENERAL APPEALS, OR WHERE THE FOUNDATION MAY BECOME THE PREDOMINANT SOURCE OF AN ORGANIZATION'S FUNDING. *FOR FUNDING EFFORTS USUALLY SUPPORTED BY PUBLIC SUBSCRIPTION OR THROUGH NATIONAL APPEALS, OR FOR PURPOSES WHICH ARE GENERALLY UNDERSTOOD TO BE THE RESPONSIBILITY OF GOVERNMENT. *SUPPORT FOR SECTARIAN RELIGIOUS ACTIVITIES. *TO INDIVIDUALS, SUCH AS FOR PERSONAL NEEDS, WELFARE, TRAVEL, OR RESEARCH. OUR REGULAR GRANTMAKING PROGRAMS ARE PRESENTLY LIMITED TO ORGANIZATIONS IN NEW ENGLAND AND UPPER NEW YORK STATE.
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    AQUIDNECK LAND TRUST
    790 AQUIDNECK AVE
    MIDDLETOWN,RI02842     		    TOWARD PROTECTION BY CONSERVATION RESTRICTION OF 5.5 ACRES ADJOINING THE PROTECTED SWEET BERRY FARM ON AQUIDNECK ISLAND IN RHODE ISLAND. 5,000
    AUSBON SARGENT LAND PRESERVATION TRUST
    PO BOX 2040
    NEW LONDON,NH03257     		    TOWARD PERMANENT PROTECTION OF MESSER FARM, 22 ACRES OF PRIME FARMLAND AND 121 ACRES OF WOODLAND IN NEW LONDON, NEW HAMPSHIRE. 10,000
    BERKSHIRE NATURAL RESOURCES COUNCIL INC
    20 BANK ROW
    PITTSFIELD,MA01201     		    TOWARD ACQUISITION OF THE 311-ACRE ROUND POND PARCEL, A CRITICAL LINK BETWEEN POND AND UPLAND ZONES ON THE TOM BALL MOUNTAIN RIDGE IN GREAT BARRINGTON, MASSACHUSETTS. 25,000
    CAPE ANN TRAIL STEWARDS INC
    PO BOX 690
    ESSEX,MA01929     		    TOWARD REPLACEMENT OF A SECTION OF DENNISON TRAIL BOARDWALK IN GLOUCESTER, MASSACHUSETTS. 1,800
    CHAMPLAIN AREA TRAILS
    PO BOX 193
    WESTPORT,NY12993     		    TOWARD NEW TRAILS AND PARKING AREA AT ESSEX QUARRY NATURE PARK IN ESSEX, NEW YORK. 5,000
    DAMARISCOTTA RIVER ASSOCIATION
    PO BOX 333
    DAMARISCOTTA,ME04543     		    PLEDGE FULFILLMENT FOUR OF FIVE INSTALLMENTS 25,000
    EAST QUABBIN LAND TRUST
    PO BOX 5
    HARDWICK,MA01037     		    TOWARD PERMANENT PROTECTION OF THE LAST FIELDS FARM PARCELS, 275 ACRES OF WOODLAND AND OLD FIELDS IN HUBBARDSTON, MASSACHUSETTS. 10,000
    ENVIRONMENTAL LEAGUE OF MASSACHUSETTS
    14 BEACON STREET SUITE 714
    BOSTON,MA02108     		    TOWARD COMMONWEALTH ENVIRONMENTAL LEADERSHIP AWARDS (CELA... 2,500
    ESSEX COUNTY GREENBELT ASSOCIATION INC
    82 EASTERN AVE
    ESSEX,MA01929     		    TOWARD THE ARTICHOKE RIVER WOODS PROJECT, PROTECTING 38 ACRES WITH OVER 1,000 FEET OF FRONTAGE ON ARTICHOKE RESERVOIR IN WEST NEWBURY, MASSACHUSETTS. 25,000
    FOREST SOCIETY OF MAINE
    115 FRANKLIN ST 3RD FL
    BANGOR,ME04401     		    TOWARD PERMANENT PROTECTION OF 21,300 ACRES IN THE MAHOOSIC RANGE, ABUTTING A SIGNIFICANT STRETCH OF THE APPALACHIAN TRAIL ON THE NEW HAMPSHIRE BORDER. 20,000
    FRANCIS SMALL HERITAGE TRUST INC
    PO BOX 414
    LIMERICK,ME04048     		    TOWARD THE EXPANSION OF THE SAWYER MOUNTAIN HIGHLANDS WITH THE ACQUISITION OF THE DRISCOLL PARCEL, 40 ACRES NEAR THE SUMMIT OF SAWYER MOUNTAIN IN LIMERICK, MAINE. 5,000
    FRIENDS OF HOPE CEMETERY & WOODS
    PO BOX 1550
    PO BOX,ME04043     		    TOWARD THE CONSTRUCTION OF AN ACCESSIBLE TRAIL WITH NEW PARKING AREA AND TRAILHEAD FOR HOPE WOODS IN KENNEBUNK, MAINE. 5,000
    GREATER LOVELL LAND TRUST
    PO BOX 225
    LOVELL,ME04051     		    TOWARD THE PERMANENT PROTECTION OF A 107-ACRE PARCEL WHERE THE COLD RIVER FLOWS INTO CHARLES POND IN FRYEBURG AND STOW, MAINE. 10,000
    GREEN MOUNTAIN CONSERVANCY INC
    PO BOX 301
    WEST DUMMERSTON,VT05357     		    TOWARD EXPANSION OF DEER NATURE PRESERVE WITH THE ACQUISITION OF 626 ACRES, THE SOUTHERN TERMINUS OF THE PUTNEY MOUNTAIN RIDGE IN NEWFANE AND BROOKLINE, VERMONT. 10,000
    GROTON OPEN SPACE ASSOCIATION INC
    PO BOX 9187
    GROTON,CT06340     		    TOWARD THE ACQUISITION OF 104 ACRES, EXPANDING SHEEP FARM AND CONNECTING IT TO MERRITT FAMILY FOREST IN GROTON, CONNECTICUT. 10,000
    GROUNDWORK LAWRENCE INC
    50 ISLAND STREET SUITE 101
    LAWRENCE,MA01840     		    TOWARD PLANNING FOR THE EXPANDED MERRIMACK RIVER TRAIL PROJECT IN LARENCE, MASSACHUSETTS. 15,000
    GUILFORD LAND CONSERVATION TRUST
    PO BOX 200
    GUILFORD,CT06437     		    TOWARD THE CREATION OF BARTLETT LAND PRESERVE WITH THE ACQUISITION OF 65 ACRES ON THE TOP OF BLUFF HEAD IN NORTH GUILFORD, CONNECTICUT. 10,000
    HARWICH CONSERVATION TRUST
    PO BOX 101
    SOUTH HARWICH,MA02661     		    TOWARD ACQUISITION OF A 6.65-ACRE FORESTED PARCEL ADJOINING THE 75-ACRE SAND POND CONSERVATION AREA IN HARWICH, MASSACHUSETTS. 20,000
    KESTREL LAND TRUST
    PO BOX 1016
    AMHERST,MA01004     		    TOWARD THE ADDITION OF 587 ACRES TO THE MOUNT HOLYOKE RANGE ACROSS AMHERST, HADLEY, AND SOUTH HADLEY, MASSACHUSETTS. 15,000
    LAND TRUST ALLIANCE
    1250 H STREET NW SUITE 600
    WASHINGTON,DC20005     		    TOWARD THE CONTINUATION OF THE MASSACHUSETTS LAND TRUST RECORDKEEPING INITIATIVE. 10,000
    MAINE APPALACHIAN TRAIL CLUB INC
    PO BOX 7564
    PORTLAND,ME04112     		    TOWARD APPALACHIAN TRAIL VOLUNTEER STEWARDSHIP 2020, COVERING MATERIALS FOR REPLACEMENT AND REPAIR OF PRIVIES AND LEAN-TOS AT THE CAMPSITES. 5,700
    MANOMET INC
    PO BOX 1770
    MANOMET,MA02345     		    TOWARD TRAILWORK AND WETLAND RESTORATION AT MANOMET CENTER FOR CONSERVATION SCIENCES IN MANOMET MASSACHUSETTS. 7,500
    MASSACHUSETTS AUDUBON SOCIETY
    208 SOUTH GREAT ROAD
    LINCOLN,MA01773     		    TOWARD THE ACQUISITION OF 67 ACRES AT THE SUMMIT OF PATTEN HILL, ADJ... 15,000
    MASSACHUSETTS AUDUBON SOCIETY
    208 SOUTH GREAT ROAD
    LINCOLN,MA01773     		    TOWARD PROTECTION OF BEAR HOLE LANDSCAPE, THE LARGEST UNPROTECTED PROPERTY WITHIN THE CONNECTICUT RIVER VALLEY; 1,500 ACRES IN WEST SPRINGFIELD AND HOLYOKE, MASSACHUSETTS. 15,000
    MASSACHUSETTS RIVERS ALLIANCE
    2343 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02140     		    TOWARDS TECHNICAL STAFF SUPPORT, ONE YEAR ONLY 10,000
    MOHONK PRESERVE INC
    PO BOX 715
    NEW PALTZ,NY12561     		    TOWARD ACQUISITION OF THE SHAWANGUNK CONGLOMERATE PARCEL, ADDING 70 ACRES OF FOREST, HEADWATER STREAMS, WETLANDS, AND BOULDER FIELDS TO MOHONK PRESERVE NEAR ROSENDALE, NEW YORK. 6,000
    NATURE CONSERVANCY NH
    22 BRIDGE STREET 4TH FLOOR
    CONCORD,NH03301     		    TOWARD THE EXPANSION OF A CONSERVATION CORRIDOR IN THE MONADNOCK AREA WITH THE PROTECTION OF SURRY MOUNTAIN FOREST, 1,368 ACRES JUST NORTH OF KEENE, NEW HAMPSHIRE. 15,000
    NORTH COUNTY LAND TRUST INC
    325 LINDELL AVENUE
    LEOMINSTER,MA01453     		    TOWARD ACQUISITION OF 201 ACRES ENCOMPASSING MOST OF THE SOUTH SIDE OF MT. WATATIC IN ASHBY AND ASHBURNHAM, MASSACHUSETTS. 25,000
    NORTHERN CONNECTICUT LAND TRUST INC
    PO BOX 324
    SOMERS,CT06071     		    TOWARD THE PERMANENT PROTECTION OF THE WRAIGHT PROPERTY, 114 ACRES ADJOINING SHENIPSIT STATE FOREST IN ELLINGTON, CONNECTICUT. 10,000
    ORENDA WILDLIFE TRUST
    PO BOX 669
    WEST BARNSTABLE,MA02668     		    TOWARD AN ADDITION TO THE MASHPEE NATIONAL WILDLIFE REFUGE OF 14 ACRES BOUNDED ON THREE SIDES BY THE MAKEPEACE SANCTUARY IN MASHPEE, MASSACHUSETTS. 10,000
    ORLEANS CONSERVATION TRUST
    203 SOUTH ORLEANS ROAD
    ORLEANS,MA02653     		    TOWARD EXPANSION OF A CONSERVATION CORRIDOR WITH THE ACQUISITION OF 4.65 ACRES ON SCENIC PORTANIMICUT ROAD IN ORLEANS, MASSACHUSETTS. 20,000
    PUTNEY MOUNTAIN ASSOCIATION INC
    PO BOX 953
    PUTNEY,VT05346     		    TOWARD THE ACQUISITION OF 55 ACRES, THREE TRAIL EASEMENTS AND ONE TRAIL LICENSE TO EXPAND THE PUTNEY MOUNTAIN TRAIL SYSTEM, CONNECTING TO DUMMERSTON, VERMONT. 12,000
    RINDGE CONSERVATION FUND
    30 PAYSON HILL RD
    RINDGE,NH03461     		    TOWARD THE ACQUISITION OF THE RINDGE STONE AND GRAVEL PROPERTY, 360 ACRES LINKING TOWN CONSERVATION LAND TO ANNETT STATE FOREST AND MASS AUDUBON'S WILDWOOD CAMP IN RINDGE, NEW HAMPSHIRE. 10,000
    ROYAL RIVER CONSERVATION TRUST
    PO BOX 90
    YARMOUTH,ME04096     		    TOWARD ACQUISITION OF 180 ACRES WITH OPEN MEADOW, WOODLAND, BEAVER PONDS AND WETLAND COMPLEX THAT CONNECTS WITH THE ROYAL RIVER AND ADJOINS THE INTERVALE PRESERVE IN NEW GLOUCESTER, MAINE. 15,000
    SOMERSET WOODS TRUSTEES
    PO BOX 833
    SKOWHEGAN,ME04976     		    TOWARD ACQUISITION OF THE 38-ACRE SCANLIN PARCEL AND ESTABLISHMENT OF TRAILS, ADDING TO THE WESSERUNSETT STREAM CONSERVATION CORRIDOR IN SKOWHEGAN, MAINE. 5,000
    SUDBURY VALLEY TRUSTEES
    18 WOLBACH ROAD
    SUDBURY,MA01776     		    TOWARD A 46-ACRE ADDITION TO CALLAHAN STATE PARK IN MARLBOROUGH, MASSACHUSETTS. 15,000
    THE GEORGES RIVER LAND TRUST
    8 NORTH MAIN STREET SUITE 200
    ROCKLAND,ME04841     		    TOWARD PERMANENTLY PROTECTING THE 40-ACRE NORTHERN HALF OF QUIGG ISLAND ON STEVENS POND IN LIBERTY, MAINE. 10,000
    THE TRUST FOR PUBLIC LAND
    6 BEACON STREET SUITE 615
    BOSTON,MA02108     		    TOWARD PERMANENT PROTECTION OF MEADOWOOD, 288 ACRES OF FORESTLAND AND ROLLING FIELDS CONNECTING MASSACOE STATE FOREST WITH MCLEAN GAME REFUGE IN SIMSBURY, CONNECTICUT. 15,000
    THOUSAND ISLANDS LAND TRUST
    PO BOX 238 135 JOHN STREET
    CLAYTON,NY13624     		    TOWARD ACQUISITION OF THE WILTON PROPERTY, 207 ACRES OF FOREST, WETLAND, GRASSLAND AND OPEN-WATER HABITATS THAT BRIDGE CROOKED CREEK PRESERVE TO BUTTERFIELD MARSH IN ALEXANDRIA, NEW YORK... 10,000
    TOWN OF DURHAM (NH)
    8 NEWMARKET ROAD
    DURHAM,NH03824     		    TOWARD THE CONSTRUCTION OF A FOOTBRIDGE OVER OYSTER RIVER, CONNECTING A NEW NETWORK OF TRAILS IN STEVENS WOODS TO THE TOWN CENTER IN DURHAM, NEW HAMPSHIRE. 5,000
    VERMONT LAND TRUST
    8 BAILEY AVENUE
    MONTPELIER,VT05602     		    TOWARD PERMANENT PROTECTION OF 51 ACRES OF MIXED FOREST, MEADOW AND WETLANDS ADJACENT TO CAMBRIDGE PINES STATE NATURAL AREA IN CAMBRIDGE, VERMONT. 5,000
    WALTHAM LAND TRUST INC
    PO BOX 541120
    WALTHAM,MA02454     		    TOWARD PUBLISHING A NATURE FIELD GUIDE FOR PROSPECT HILL PARK IN WA... 1,000
    WESTPORT LAND CONSERVATION TRUST
    PO BOX 3975
    WESTPORT,MA02790     		    TOWARD THE PROTECTION OF SANTOS FARM, 136 ACRES OF PRODUCTIVE FIELDS, PASTURE AND WETLANDS IN WESTPORT, MASSACHUSETTS. 20,000
    OPACUM LAND TRUST INC
    PO BOX 245
    HARDWICK,MA01037     		    RETURN OF GRANT -19,000
    Total .................................bullet 3a 482,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 218,000  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 124,715  
    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).. 0 342,715 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    342,715
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 5,800 3,480   2,320

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

    TY 2020 DepreciationSchedule
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    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
    HP HOME STORE 2017-02-23 2,007 714 200DB 5.000000000000 116 0    

    TY 2020 InvestmentsOtherSchedule2
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MARKETABLE SECURITIES AT COST 8,992,541 12,602,055
    INVESTMENT IN PARTNERSHIP AT COST 262,114 342,687
    INVESTMENT IN PARTNERSHIP AT COST 261,845 327,791
    INVESTMENT IN PARTNERSHIP AT COST 271,190 416,126
    INVESTMENT IN PARTNERSHIP AT COST 144,117 130,720
    INVESTMENT IN PARTNERSHIP AT COST 52,569 64,486

    TY 2020 LandEtcSchedule2
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    HP HOME STORE 2,007 1,834 173 173


    TY 2020 LegalFeesSchedule
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 24,350 3,653   15,828


    TY 2020 OtherAssetsSchedule
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND AND INTEREST RECEIVABLE 11,462 17,959 17,959


    TY 2020 OtherExpensesSchedule
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 4,014 4,014   0
    RENT EXPENSE 5,340 534   4,539
    OFFICE 101 15   81
    INSURANCE 109 16   87
    PAYROLL SERVICE FEES 1,541 154   1,233
    WEBSITE MAINT 350 0   350
    MISCELLANEOUS 111 0   111
    NET INVESTMENT LOSSES 65,771 65,771   0


    TY 2020 OtherLiabilitiesSchedule
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE FROM INVESTMENT 0 13,953


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL SERVICES 30,870 4,630   23,152


    TY 2020 TaxesSchedule
    Name:
    FIELDS POND FOUNDATION INC
    EIN:
    04-3196041
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEES & TAXES 12,039 11,437   0