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
HURDLE HILL FOUNDATION
C/O WOODSTOCK SERVICES CO LLC
Number and street (or P.O. box number if mail is not delivered to street address)101 ARCH ST NO 1000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02110
A Employer identification number

04-6012782
B Telephone number (see instructions)

(617) 227-0600
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$778,921J 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) 66,923
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 11,629 11,629  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 47,210
b Gross sales price for all assets on line 6a 187,679
7 Capital gain net income (from Part IV, line 2)... 91,543
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........ 125,762 103,172  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,000 3,333   1,667
c Other professional fees (attach schedule).... Click to see attachment 6,573 4,382   2,191
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14 14   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 38 3   35
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,625 7,732   3,893
25 Contributions, gifts, grants paid....... 68,550 68,550
26 Total expenses and disbursements. Add lines 24 and 25 80,175 7,732   72,443
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 45,587
b Net investment income (if negative, enter -0-) 95,440
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............. 1,250 1,750 1,750
2 Savings and temporary cash investments......... 31,337 37,438 37,438
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)....... 395,347 Click to see attachment434,333 739,733
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 427,934 473,521 778,921
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........ 427,934 473,521
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 427,934 473,521
30 Total liabilities and net assets/fund balances (see instructions). 427,934 473,521
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
427,934
2
Enter amount from Part I, line 27a .....................
2
45,587
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
473,521
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
473,521
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 .104 SH ABBVIE INC P 2020-05-13 2020-05-13
b .762 SH RAYTHEON TECHNOLOGIES CORP P 2020-01-28 2020-04-06
c 150 SHS APPLE INC P 2018-11-08 2020-10-16
d 250 SHS FLOWSERVE CORP P 2018-11-08 2020-10-16
e 150 SHS OMNICOM GROUP INC P 2018-11-08 2020-05-22
140 SHS UBIQUITI INC P 2017-10-31 2020-02-26
25 SHS UNITED TECHNOLOGIES CORP P 2018-11-08 2020-01-28
25 SHS ABBOTT LABORATORIES D 1973-10-17 2020-10-16
53 SHS ABBOTT LABORATORIES D 1973-10-17 2020-10-23
37 SHS ABBOTT LABORATORIES D 1973-10-17 2020-10-23
44 SHS ALLERGAN PLC P 2015-03-17 2020-05-11
100 SHS BP PLC SPONS ADR P 2004-02-17 2020-10-16
100 SHS BP PLC SPONS ADR P 2004-11-08 2020-10-16
75 SHS CHUBB LTD P 2016-01-15 2020-10-16
10 SHS INTUITIVE SURGICAL INC D 2009-04-15 2020-10-16
25 SHS MCCORMICK & CO D 2006-02-15 2020-10-16
95 SHS MICROSOFT INC D 1994-02-23 2020-10-16
5 SHS MICROSOFT INC D 1995-02-16 2020-10-16
32 SHS MICROSOFT INC D 1994-02-23 2020-10-22
45 SHS MICROSOFT INC D 1994-02-23 2020-10-22
36 SHS MICROSOFT INC D 1993-09-09 2020-10-23
4 SHS MICROSOFT INC D 1994-02-23 2020-10-23
33 SHS MICROSOFT INC D 1993-09-09 2020-11-06
10 SHS MICROSOFT INC D 1995-02-16 2020-11-18
20 SHS OREILLY AUTOMOTIVE INC P 2011-02-15 2020-10-16
75 SHS UNITED TECHNOLOGIES CORP P 2014-08-12 2020-01-28
150 SHS VERIZON COMMUNICATIONS P 2013-11-04 2020-10-16
.181 SH VIATRIS INC D 1971-11-10 2020-11-20
.13 SH VIATRIS INC D 1991-08-01 2020-11-20
  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 9   9 0
b 43   74 -31
c 18,114   7,792 10,322
d 7,180   13,591 -6,411
e 7,738   11,424 -3,686
19,048   8,681 10,367
3,824   3,295 529
2,729   6 2,723
5,713   12 5,701
3,989   9 3,980
8,502   13,491 -4,989
1,602   4,894 -3,292
1,603   5,995 -4,392
8,932   8,331 601
7,384   395 6,989
5,010   796 4,214
21,023   241 20,782
1,107   19 1,088
6,841   81 6,760
9,620   114 9,506
7,742   84 7,658
860   10 850
7,394   77 7,317
2,127   38 2,089
9,347   1,144 8,203
11,472   7,874 3,598
8,721   7,659 1,062
3     3
2     2
      0
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       0
b       -31
c       10,322
d       -6,411
e       -3,686
      10,367
      529
      2,723
      5,701
      3,980
      -4,989
      -3,292
      -4,392
      601
      6,989
      4,214
      20,782
      1,088
      6,760
      9,506
      7,658
      850
      7,317
      2,089
      8,203
      3,598
      1,062
      3
      2
      0
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 91,543
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 1,327
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 1,327
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 1,327
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,946
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 1,946
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 10 619
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet619 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 addressbulletN/A
    14
    The books are in care ofbulletWOODSTOCK SERVICES CO LLC Telephone no.bullet (617) 227-0600

    Located atbullet101 ARCH STREETBOSTONMA ZIP+4bullet02110
    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
     
     
    ........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
    HENRY P PHIPPEN TRUSTEE
    2.00     		0 0 0
    C/O AGAWAM TRUST MANAGEMENT CO
    BOSTON,MA02110
    WILLIAM L PHIPPEN TRUSTEE
    0.50     		0 0 0
    C/O AGAWAM TRUST MANAGEMENT CO
    BOSTON,MA02110
    PETER D PHIPPEN TRUSTEE
    0.25     		0 0 0
    C/O AGAWAM TRUST MANAGEMENT CO
    BOSTON,MA02110
    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  
    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
    629,160
    b
    Average of monthly cash balances.......................
    1b
    49,776
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    678,936
    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
    678,936
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    10,184
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    668,752
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    33,438
    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
    33,438
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,327
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,327
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    32,111
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    32,111
    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
    32,111
    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
    72,443
    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
    72,443
    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
    72,443
    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 32,111
    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...... 42,010
    c From 2017...... 50,536
    d From 2018...... 55,766
    e From 2019...... 30,308
    fTotal of lines 3a through e........ 178,620
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 72,443
    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)........     		Click to see attachment0
    d Applied to 2020 distributable amount..... 32,111
    e Remaining amount distributed out of corpus 40,332
    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 5 218,952
    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 ......     		218,952
    10 Analysis of line 9:
    a Excess from 2016.... 42,010
    b Excess from 2017.... 50,536
    c Excess from 2018.... 55,766
    d Excess from 2019.... 30,308
    e Excess from 2020.... 40,332
    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).)
    HENRY P PHIPPEN
    WILLIAM L PHIPPEN
    PETER D PHIPPEN
    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 (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
    ACCORD FOOD PANTRY
    69 WILLOW ST
    HAMILTON,MA01982     		NONE NONE SOCIAL 950
    ALUMNAE FUND OF SMITH COLLEGE
    ELM ST
    NORTHAMPTON,MA01063     		NONE NONE EDUCATIONAL 500
    AMERICAN RED CROSS
    285 COLUMBUS AVE
    BOSTON,MA02116     		NONE NONE SOCIAL 250
    ASSUMPTION GREEK ORTHODOX CHURCH
    111 ISLAND POND ROAD
    MANCHESTER,NH03109     		NONE NONE RELIGIOUS 750
    BEVERLY BOOTSTRAPS
    221 CABOT ST
    BEVERLY,MA01915     		NONE NONE SOCIAL 250
    BEVERLY EDUCATION FOUNDATION
    PO BOX 407
    BEVERLY,MA01915     		NONE NONE EDUCATIONAL 200
    BEVERLY HOSPITAL
    85 HERRICK STREET
    BEVERLY FARMS,MA01915     		NONE NONE MEDICAL 500
    BOSTON SYMPHONY ORCHESTRA
    301 MASSACHUSETTS AVE
    BOSTON,MA02115     		NONE NONE EDUCATIONAL 500
    BROOKWOOD SCHOOL
    ONE BROOKWOOD RD
    MANCHESTER,MA01944     		NONE NONE EDUCATIONAL 100
    CAPE ANN ANIMAL AID
    4 PAWS LANE
    GLOUCESTER,MA01930     		NONE NONE HUMANITARIAN 250
    CAPE ANN FOOD PANTRY
    23 EMERSON AVE
    GLOUCESTER,MA01930     		NONE NONE SOCIAL 250
    CENTER FOR PLANT CONSERVATION
    PO BOX 229
    ST LOUIS,MO63166     		NONE NONE EDUCATIONAL 250
    CHRIST CHURCH OF HAMILTON AND WENHAM
    149 ASHBURY ST
    SOUTH HAMILTON,MA01982     		NONE NONE RELIGIOUS 750
    DOCTORS WITHOUT BORDERS
    333 7TH AVE - 2ND FLOOR
    NEW YORK,NY100015004     		NONE NONE MEDICAL 250
    ESSEX COUNTY GREENBELT ASSOCIATION
    82 EASTERN AVE
    ESSEX,MA01929     		NONE NONE CONSERVATION 10,850
    ESSEX COUNTY TRAIL
    162 MAIN STREET STE 5
    WENHAM,MA01984     		NONE NONE CONSERVATION 500
    ESSEX NATIONAL HERITAGE
    12 FEDERAL STREET STE 12
    SALEM,MA01970     		NONE NONE CONSERVATION 250
    EXPRESS YOURSELF
    6 ELLIS ST
    PEABODY,MA01960     		NONE NONE SOCIAL 100
    FAMILY PROMISE NORTH SHORE BOSTON
    330 RANTOUL ST
    BEVERLY,MA01915     		NONE NONE SOCIAL 550
    FARMS-PRIDES COMMUNITY ASSOC
    14 OAK ST
    BEVERLY,MA01915     		NONE NONE SOCIAL 100
    FIRST CHURCH OF CHRIST SCIENTIST
    887 CONCORD ST
    FRAMINGHAM,MA01701     		NONE NONE RELIGIOUS 200
    FIRST UNIVERSALIST CHURCH OF ESSEX
    59 MAIN ST
    ESSEX,MA01929     		NONE NONE RELIGIOUS 500
    GLEN URQUHART SCHOOL
    74 HART ST
    BEVERLY FARMS,MA01915     		NONE NONE EDUCATIONAL 500
    GLOBE SANTA FUND
    PO BOX 845059
    BOSTON,MA02284     		NONE NONE SOCIAL 500
    GOVERNOR'S ACADEMY
    1 ELM STREET
    BYFIELD,MA01922     		NONE NONE EDUCATION 8,500
    GREENPEACE
    702 H ST NW
    WASHINGTON,DC20001     		NONE NONE ENVIRONMENTAL 250
    HAMILTON WENHAM EDFUND
    PO BOX 2433
    SOUTH HAMILTON,MA01982     		NONE NONE EDUCATIONAL 250
    HARTWICK COLLEGE
    1 HARTWICK DR
    ONEONTA,NY13870     		NONE NONE EDUCATIONAL 250
    HEIFER INTERNATIONAL
    1 WORLD AVE
    LITTLE ROCK,AR72202     		NONE NONE SOCIAL 700
    HELLENIC CARDIAC FUND
    5204 WASHINGTON ST
    WEST ROXBURY,MA02132     		NONE NONE HEALTH 250
    IPSWICH RIVER WATERSHED ASSOCIATION INC
    240 COUNTY RD
    IPSWICH,MA01938     		NONE NONE CONSERVATION 1,750
    MAD RIVER PATH ASSOCIATION
    4061 MAIN ST
    WAITSFIELD,VT05673     		NONE NONE CONSERVATION 250
    MAD RIVER VALLEY COMMUNITY FUND
    5223 MAIN ST
    WAITSFIELD,VT05673     		NONE NONE CONSERVATION 3,000
    MAKE-A-WISH FOUNDATION
    1 BULFINCH PLACE
    BOSTON,MA02114     		NONE NONE SOCIAL 500
    MARY BAKER EDDY LIBRARY
    200 MASSACHUSETTS AVE
    BOSTON,MA02115     		NONE NONE EDUCATIONALEDUCATIONAL 100
    MASSACHUSETTS AUDUBON SOCIETY
    208 SOUTH GREAT RD
    LINCOLN,MA01773     		NONE NONE CONSERVATION 1,100
    NATIONAL MULTIPLE SCLEROSIS
    101 1ST AVE SUITE 6
    WALTHAM,MA02451     		NONE NONE HEALTH 250
    NORTH SHORE MEDICAL CENTER
    81 HIGHLAND AVE
    SALEM,MA01970     		NONE NONE MEDICAL 500
    NORTH SHORE NORDIC ASSOCIATION
    PO BOX 2101
    SOUTH HAMILTON,MA01980     		NONE NONE SOCIAL 500
    NOTRE DAME CONFERENCE CENTER
    45 MCKENNA HALL
    NOTRE DAME,IN46556     		NONE NONE EDUCATIONAL 500
    PEABODY ESSEX MUSEUM
    161 ESSEX ST E INDIA SQUARE
    SALEM,MA01970     		NONE NONE CULTURAL 750
    PINGREE SCHOOL
    537 HIGHLAND AVE
    SOUTH HAMILTON,MA01982     		NONE NONE EDUCATIONAL 1,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA
    1055 COMMONWEALTH AVE
    BOSTON,MA02215     		NONE NONE HEALTH 1,250
    PRINCIPIA COLLEGE
    13201 CLAYTON RD
    ST LOUIS,MO63131     		NONE NONE EDUCATIONAL 100
    PROJECT BREAD
    138 MAIN ST
    WENHAM,MA01984     		NONE NONE SOCIAL 250
    SEWPPORTIVE FRIENDS
    PO BOX 5223
    BEVERLY FARMS,MA01915     		NONE NONE SOCIAL 4,200
    SOS CHILDREN'S VILLAGES
    84 STATE ST
    BOSTON,MA02109     		NONE NONE HUMANITARIUM 700
    THE FOOD PROJECT
    112 SOHIER RD
    BEVERLY,MA01915     		NONE NONE SOCIAL 1,000
    THE TOWN OF WENHAM - VETERANS WAR MEMORIAL
    63 NORTH ST
    ANDOVER,NH03216     		NONE NONE EDUCATIONAL 250
    THE TRUSTEES OF RESERVATIONS
    572 ESSEX STREET
    BEVERLY,MA01915     		NONE NONE CONSERVATION 2,350
    UNITED WAY OF CENTRAL MASSACHUSETTS
    484 MAIN ST
    WORCESTER,MA01608     		NONE NONE SOCIAL 500
    VERMONT LAND TRUST
    8 BAILEY AVE
    MONTPELIER,VT05602     		NONE NONE CONSERVATION 250
    VICTORIA FALLS WILDLIFE TRUST
    PO BOX 23183
    SAN DIEGO,CA92193     		NONE NONE ENVIRONMENTAL 1,000
    WELLSPRING HOUSE
    890 COMMONWEALTH AVE
    BOSTON,MA02215     		NONE NONE SOCIAL 1,250
    WENHAM HISTORICAL ASSOCIATION AND MUSEUM
    132 MAIN ST
    WENHAM,MA01984     		NONE NONE EDUCATIONAL 2,000
    WILDLIFE CONSERVATION NETWORK
    209 MISSISSIPPI STREET
    SAN FRANCISCO,CA94107     		NONE NONE CONSERVATION 250
    WINDRUSH FARM
    30 BROOKVIEW RD
    BOXFORD,MA01921     		NONE NONE RELIGIOUS 2,950
    WORLD WILDLIFE FUND INC
    1250 24TH ST NW
    WASHINGTON,DC20037     		NONE NONE CONSERVATION 250
    ANCHOR HOUSE
    PO BOX 6116
    PLYMOUTH,MA02362     		NONE NONE REHABILITATION 500
    BEVERLY COUNCIL FOR AGING
    90 COLON ST
    BEVERLY,MA01915     		NONE NONE HEALTH 500
    PEOPLE FOR CATS
    44 BEAGLE LANE
    TEATICKET,MA02536     		NONE NONE HUMANITARIAN 100
    PLANNED PARENTHOOD LEAGUE OF MASSACHUSETTS
    1055 COMMONWEALTH AVE
    BOSTON,MA02215     		NONE NONE SOCIAL 200
    ROSIE'S PLACE
    889 HARRISON AVE
    BOSTON,MA02118     		NONE NONE HUMANITARIAN 3,000
    TEAM VERGE
    PO BOX 379
    PRINCETON,MA01541     		NONE NONE SOCIAL 500
    THE LAKES REGION SCHOLARSHIP FOUNDATION
    14 COUNTRY CLUB RD
    GILFORD,NH03249     		NONE NONE EDUCATIONAL 3,500
    UNITED THROUGH FOOTBALL
    315 WESTFORD ST
    LOWELL,MA03249     		NONE NONE SOCIAL 500
    VERMONT MOUNTAIN BIKERS ASSOCIATION
    PO BOX 2085
    WILLISTON,VT05407     		NONE NONE SOCIAL 250
    ARMENIA FUND
    111 N JACKSON ST SUITE 205
    GLENDALE,CA91206     		NONE NONE HUMANITARIAN 250
    PATRICK AND CAMILLA SCHOLARSHIP FUND
    18 HARRIET ROAD
    GLOUCESTER,MA01930     		NONE NONE EDUCATIONAL 500
    Total .................................bullet 3a 68,550
    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 11,629  
    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 47,210  
    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 58,839 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    58,839
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    HURDLE HILL FOUNDATION
    C/O WOODSTOCK SERVICES CO LLC
    Employer identification number

    04-6012782
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    HURDLE HILL FOUNDATION
    C/O WOODSTOCK SERVICES CO LLC         		Employer identification number
    04-6012782
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    WILLIAM L PHIPPEN
    WOODSTOCK SERVICES CO LLC 101 ARCH
     
    BOSTON, MA02110

    		$ 16,557


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    DAVID O PHIPPEN
    WOODSTOCK SERVICES CO LLC 101 ARCH
     
    BOSTON, MA02110

    		$ 7,792


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    ANNE W PHIPPEN
    WOODSTOCK SERVICES CO LLC 101 ARCH
     
    BOSTON, MA02110

    		$ 7,799


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    JOANNA L PHIPPEN
    WOODSTOCK SERVICES CO LLC 101 ARCH
     
    BOSTON, MA02110

    		$ 12,255


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    HENRY P PHIPPEN
    WOODSTOCK SERVICES CO LLC 101 ARCH
     
    BOSTON, MA02110

    		$ 8,867


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    PETER D PHIPPEN
    WOODSTOCK SERVICES CO LLC 101 ARCH
     
    BOSTON, MA02110

    		$ 9,733


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    HURDLE HILL FOUNDATION
    C/O WOODSTOCK SERVICES CO LLC         		Employer identification number
    04-6012782
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    SUSANNA L MANGINIS
    WOODSTOCK SERVICES CO LLC 101 ARCH
     
    BOSTON, MA02110

    		$ 2,806


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    CHRISTOPHER K MANGINIS
    WOODSTOCK SERVICES CO LLC 101 ARCH
     
    BOSTON, MA02110

    		$ 1,114


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    HURDLE HILL FOUNDATION
    C/O WOODSTOCK SERVICES CO LLC         		Employer identification number

    04-6012782
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 77 SHS MICROSOFT CORP $ 16,557 2020-10-21
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 35 SHS MICROSOFT CORP $ 7,792 2020-11-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 35 SHS MICROSOFT CORP $ 7,799 2020-10-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 55 SHS MICROSOFT CORP $ 12,255 2020-10-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    5
    		 40 SHS MOCROSOFT CORP $ 8,867 2020-10-14
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    6
    		 90 SHS ABBOTT LABORATORIES INC $ 9,733 2020-10-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    HURDLE HILL FOUNDATION
    C/O WOODSTOCK SERVICES CO LLC         		Employer identification number

    04-6012782
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    7
    		 13 SHS MICROSOFT CORP $ 2,806 2020-11-17
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    8
    		 5 SHS MICROSOFT CORP $ 1,114 2020-10-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    HURDLE HILL FOUNDATION
    C/O WOODSTOCK SERVICES CO LLC         		Employer identification number

    04-6012782
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    HURDLE HILL FOUNDATION
     
    C/O WOODSTOCK SERVICES CO LLC
    EIN:
    04-6012782
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES 5,000 3,333   1,667

    TY 2020 DistributionFromCorpusElection
    Name:
    HURDLE HILL FOUNDATION
     
    C/O WOODSTOCK SERVICES CO LLC
    EIN:
    04-6012782
    Election:
    HURDLE HILL FOUNDATION 04-6012782 ATTACHMENT TO FORM 990PF 2018IN ACCORDANCE WITH SECTIONS 4942(H)(2) AND REG. 53.4942(A)-3(C)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, HURDLE HILL FOUNDATION HEREBY ELECTS TO TREAT CERTAIN CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE FROM CORPUS. IN 2018 THE FOUNDATION RECEIVED $55,567 IN CONTRIBUTIONS OF CASH AND SECURITIES FROM INDIVIDUALS. THE FOUNDATION'S DISTRIBUTABLE AMOUNT FOR 2018 WAS $25,072. THE FOUNDATION MADE QUALIFYING DISTRIBUTIONS IN 2018 IN THE AMOUNT OF $55,766. DISTRIBUTIONS OUT OF CORPUS (TO WHICH THIS ELECTION APPLIES) WITH RESPECT TO 2018 CONTRIBUTIONS RECEIVED TO SATISFY THE REQUIREMENTS OF SECTION 170(B)(1)(F) & 4942(G)(3) WERE $55,766. THE AMOUNT OF QUALIFYING DISTS APPLIED TO THE 2018 DISTRIBUTABLE AMOUNT TOTALED $ 0 EXCESS DIST. CARRYOVER APPLIED TO THE 2017 DISTRIBUTABLE AMOUNT TOTALED $25,072. EXCESS DISTS CARRYOVER TO 2019 IS $179,403

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HURDLE HILL FOUNDATION
     
    C/O WOODSTOCK SERVICES CO LLC
    EIN:
    04-6012782
    Name of Stock End of Year Book Value End of Year Fair Market Value
    125 ISHARES MSCI EAFE ETF 8,919 9,120
    175 SHS MEDTRONIC PLC 13,145 20,500
    230 SHS ABBOTT LABORATORIES 19,267 25,183
    10 SHS ALPHABET INC CLC 2,318 17,519
    10 SHS ALPHABET INC CLA 2,317 17,526
    50 SHS AUTOMATIC DATA PROCESSING 2,348 8,810
    75 SHS BERKSHIRE HATHAWAY INC CLB 12,767 17,390
    225 SHS CVS HEALTH CORP 6,602 15,368
    250 SHS CISCO SYSTEM INC 5,146 11,187
    100 SHS ECOLAB INC 4,564 21,636
    400 SHS EXXON MOBIL CORP 25,651 16,488
    45 SHS ILLINOIS TOOL WORKS 5,088 9,175
    40 SHS INTUITIVE SURGICAL INC 1,580 32,724
    200 SHS MCCORMICK & CO INC 3,365 19,120
    65 SHS MCDONALDS CORP 11,742 13,948
    150 SHS MERCK & CO NEW 5,008 12,270
    250 SHS MICROSOFT CORP 39,136 55,605
    55 SHS OREILLY AUTOMOTIVE INC 3,145 24,891
    275 SHS ORACLE CORP 8,885 17,790
    170 SHS PEPSICO 9,894 25,211
    341 SHS PFIZER INC 7,894 12,552
    100 SHS PROCTER AND GAMBLE CO 6,609 13,914
    200 SHS STATE STREET CORP 11,521 14,556
    250 SHS FORTINET 10,007 37,133
    125 SHS JP MORGAN CHASE 12,972 15,884
    250 SHS APPLE INC 12,544 33,172
    500 SHS BANK OF AMERICA 14,585 15,155
    60 SHS HOME DEPOT INC 11,312 15,937
    65 SHS LIGAND PHARMACEUTICALS 11,324 6,464
    200 SHS QUALCOMM INC 11,776 30,468
    40 SHS ROPER TECHNOLOGIES INC 11,845 17,244
    80 SHS VISA INC CL A 11,606 17,498
    38 SHS ABBVIE INC 3,200 4,072
    750 SHS APACHE CORP 7,155 10,643
    200 SHS COMCAST CORP 9,122 10,480
    30 SHS COSTCO WHOLESALE CORP 11,484 11,303
    75 SHS DISNEY WALT CO 9,515 13,588
    100 REATA PHARMACEUTICALS INC 11,153 12,362
    50 SHS STRYKER CORP 11,255 12,252
    100 SHS SYSCO CORP 6,684 7,426
    65 SHS 3M CO 11,132 11,361
    40 SHS UNITED PARCEL SERVICE INC 7,028 6,736
    42 SHS VIATRIS INC 441 787
    45 SHS WALMART INC 6,572 6,487
    151 SHS RAYTHEON TECHNOLOGIES CORP 14,710 10,798

    TY 2020 OtherExpensesSchedule
    Name:
    HURDLE HILL FOUNDATION
     
    C/O WOODSTOCK SERVICES CO LLC
    EIN:
    04-6012782
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BP PLC SPONS ADR FEE 3 3   0
    MA FORM PC FILING FEE 35 0   35


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HURDLE HILL FOUNDATION
     
    C/O WOODSTOCK SERVICES CO LLC
    EIN:
    04-6012782
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEES FEES 6,573 4,382   2,191


    TY 2020 TaxesSchedule
    Name:
    HURDLE HILL FOUNDATION
     
    C/O WOODSTOCK SERVICES CO LLC
    EIN:
    04-6012782
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 14 14   0