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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE TUTHILL FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO KAMRAN KHAN CPA 175 DERBY ST STE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HINGHAM, MA02043
A Employer identification number

04-3213327
B Telephone number (see instructions)

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$3,392,272J 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... 45,893 45,893 45,893
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 117,267
b Gross sales price for all assets on line 6a 867,450
7 Capital gain net income (from Part IV, line 2)... 117,267
8 Net short-term capital gain......... 13,062
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 241,249 241,249 241,249
12 Total. Add lines 1 through 11........ 404,409 404,409 300,204
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 5,400 5,400 5,400  
c Other professional fees (attach schedule).... Click to see attachment 21,862 21,862 21,862  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 237 237 237  
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 1,845 1,845 1,845  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,344 29,344 29,344 0
25 Contributions, gifts, grants paid....... 125,000 125,000
26 Total expenses and disbursements. Add lines 24 and 25 154,344 29,344 29,344 125,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 250,065
b Net investment income (if negative, enter -0-) 375,065
c Adjusted net income (if negative, enter -0-)... 270,860
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 32,927 94,918 94,918
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) 49,344 Click to see attachment0  
b Investments—corporate stock (attach schedule)....... 2,049,077 Click to see attachment2,171,257 2,701,079
c Investments—corporate bonds (attach schedule)....... 51,001 Click to see attachment50,009 50,116
11 Investments—land, buildings, and equipment: basis bullet10,379
Less: accumulated depreciation (attach schedule) bullet   10,379 Click to see attachment10,379 10,379
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 365,701 Click to see attachment350,798 535,780
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) 2,558,429 2,677,361 3,392,272
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........ 2,558,429 2,677,361
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)..... 2,558,429 2,677,361
30 Total liabilities and net assets/fund balances (see instructions). 2,558,429 2,677,361
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
2,558,429
2
Enter amount from Part I, line 27a .....................
2
250,065
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,808,494
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
131,133
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,677,361
Form 990-PF (2021)
Form 990-PF (2021)
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 SALES SCHEDULE ATTACHED D 2021-12-31 2021-12-31
b SALES SCHEDULE ATTACHED D 2021-12-31 2021-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 93,223   80,161 13,062
b 774,227   670,022 104,205
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       13,062
b       104,205
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 117,267
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 13,062
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 5,213
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 5,213
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,321
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,321
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,108
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet10,108 RefundedBullet 11  
Part VI-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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 addressbullet  
    14
    The books are in care ofbulletKAMRAN KHAN CPA Telephone no.bullet (781) 740-2254

    Located atbullet175 DERBY STREET SUITE 27HINGHAMMA ZIP+4bullet02043
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
    Yes
     
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    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
    WILLIAM D TUTHILL PRESIDENT DIRECTOR
    0.00     		0 0 0
    33 NEW SCOTLAND AVE 509
    ALBANY,NY12208
    ALAN B TUTHILL VICE PRESIDENT DIRECTOR
    0.00     		0 0 0
    15 SHAWS HILL ROAD
    KENSINGTON,NH03833
    JOHN G TUTHILL TREASURER DIRECTOR
    0.00     		0 0 0
    PO BOX 49
    ACWORTH,NH03601
    ANDREW M TUTHILL SECRETARY DIRECTOR
    0.00     		0 0 0
    5 ALGONQUIN TRAIL
    ETNA,NH03750
    NOAH K TUTHILL DIRECTOR
    0.00     		0 0 0
    88 LEDGE ROAD
    PLAINFIELD,NH03781
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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.............bullet  
    Part VIII-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 VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    2,794,453
    b
    Average of monthly cash balances.......................
    1b
    47,820
    c
    Fair market value of all other assets (see instructions)................
    1c
    10,379
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,852,652
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,852,652
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    42,790
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    2,809,862
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    140,493
    Part X
    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 IX, line 6..................
    1
    140,493
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    5,213
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,213
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    135,280
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    135,280
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    135,280
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 135,280
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 65,799
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 125,000
    a Applied to 2020, but not more than line 2a 65,799
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 59,201
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		76,079
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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).)
    JOHN WG TUTHILL DECD 02 04 2003
    NORA M TUTHILL DECD 04 10 2019
    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:
    WILLIAM D TUTHILL
    33 NEW SCOTLAND AVE 509
    ALBANY,NY12208
    (518) 320-0875
    WILLIAMTUTHILL@YAHOO.COM
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER PROPOSING USE OF GRANT AND DESCRIBING GRANT SEEKER
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    CAPITAL ROOTS INC
    594 RIVER ST
    TROY,NY12180     		  PC TO PROVIDE COMMUNITIES WITH ACCESS TO FRESH FOOD 500
    TROY SAVINGS BANK MUSIC HALL INC
    30 SECOND STREET
    TROY,NY12180     		  PC MAINTAIN AND PROMOTE MUSIC AND EDUCATION LOCALLY 4,500
    CAPITAL DISTRICT RECOVERY CNTR INC
    45 COLVIN AVE
    ALBANY,NY12206     		  PC TO HELP THE LIVES OF PEOPLE IN SUBSTANCE RECOVERY 7,500
    UPPER VALLEY HAVEN
    713 HARTFORD AVENUE
    WHITE RIVER JUNCTION,VT05001     		  PC TO PROMOTE FOOD SHELTER EDUCATION FOR HOMELESS 7,000
    LISTEN COMMUNITY SERVICES
    42 MAPLE ST STE 4
    WHITE RIVER JUNCTION,VT05001     		  PC FOOD ASSISTANCE TO THE NEEDY 3,000
    PRIDE CENTER OF THE CAPITAL REGION
    332 HUDSON AVE
    ALBANY,NY12210     		  PC PROMOTE WELLBEING OF THE LGBT COMMUNITY 5,000
    GRAFTON COUNTY SR CITIZENS COUNCIL
    10 CAMPBELL ST
    LEBANON,NH03766     		  PC FOOD AND ACTIVITIES FOR THE ELDERLY 5,000
    IQRA FUND
    PO BOX 416
    BOZEMAN,MT59771     		  PC ESTABLISH SCHOOLS IN REMOTE PAKISTAN 2,500
    WMHT
    4 GLOBAL VIEW
    TROY,NY12180     		  PC PUBLIC COMMUNICATIONS ORGANIZATION 1,250
    NH CTR FOR PUBLIC INTEREST JOURLSM
    714 W OLYMPIC BLVD 931
    LOS ANGELES,CA90015     		  PC ONLINE PUBLISHER OF LOCAL AND STATE GOVT NEWS 2,000
    GLIMMERGLASS OPERA THEATRE INC
    7300 STATE HWY 80
    COOPERSTOWN,NY13326     		  PC PROMOTION OF OPERA TRAINING AND PERFORMANCES 1,750
    CLAREMONT SOUP KITCHEN
    51 53 CENTRAL STREET
    CLAREMONT,NH03743     		  PC FOOD ASSISTANCE FOR SULLIVAN COUNTY AREA 1,500
    FALL MOUNTAIN FOOD SHELF
    122 NH ROUTE 12A
    ALSTEAD,NH03602     		  PC TO REDUCE HUNGER AND MALNUTRITION IN THE COMMUNITY 2,000
    WEST CENTRAL SERVICES INC
    85 MECHANIC STREET STE C2 1
    LEBANON,NH03766     		  PC MENTAL HEALTH SUBSTANCE ABUSE AND CRISIS SERVICES 7,500
    WILLING HANDS
    198 CHURCH STREET
    NORWICH,VT05055     		  PC RECOVERS FRESH FOOD FOR NEIGHBORS IN NEED 3,500
    CONSERVATION LAW FOUNDATION - NH
    62 SUMMER STREET
    BOSTON,MA02110     		  PC ENVIRONMENTAL PROTECTION ADVOCACY 7,000
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 CHERRY STREET
    PHILADELPHIA,PA19102     		  PC PROMOTION OF SOCIAL RACIAL AND ECONOMIC JUSTICE 1,000
    SUSTAINABLE HARVEST INTERNATIONAL
    177 HUNTINGTON AVE STE 1703
    BOSTON,MA02115     		  PC FARMER TRAINING FOR FARMING AND EARTH BALANCE 4,000
    NEW HAMPSHIRE COMMUNITY LOAN FUND
    7 WALL STREET
    CONCORD,NH03301     		  PC PROVIDING FUNDS TO UNDERSERVED PEOPLE 4,000
    SOUTHEAST LAND TRUST OF NEW HAMPSHI
    247 NORTH RIVER ROAD
    EPPING,NH03042     		  PC LAND PROTECTION STEWARDSHIP AND OUTREACH 4,000
    COALITION FOR OPEN DEMOCRACY
    4 PARK STREET
    CONCORD,NH03301     		  PC PROMOTION OF POLITICAL EQUALITY FOR ALL 2,000
    ACWORTH COMMUNITY CHARITABLE TRUST
    PO BOX 10
    ACWORTH,NH03601     		  PC CHARITABLE PROJECTS THAT BENEFIT ACWORTH NH 1,000
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    85 N STATE STREET
    CONCORD,NH03301     		  PC MENTAL ILLNESS ADVOCACY 8,000
    MUSICIANS OF MAALWYCK
    511 MOHAWK AVENUE
    SCOTIA,NY12302     		  PC ENSEMBLE MUSIC IN SCHENECTADY AREA 1,500
    ALBANY SYMPHONY ORCHESTRA INC
    19 CLINTON AVENUE
    ALBANY,NY12207     		  PC PROMOTION OF MUSICAL HERITAGE 3,000
    ACLU OF NEW HAMPSHIRE
    18 LOW AVENUE
    CONCORD,NH03301     		  PC PRESERVATION OF INDIVIDUAL RIGHTS 2,000
    BLACK HERITAGE TRAIL OF NEW HAMPSHI
    222 COURT STREET
    PORTSMOUTH,NH03801     		  PC AWARENESS OF AFRICAN AMERICAN HISTORY 1,000
    KENSINGTON UNIVERSALIST SOCIETY
    97 AMESBURY ROAD
    EXETER,NH03833     		  PC CONSERVATION AND RESTORE OF UNIVERSALIST CHURCH 5,000
    MUSIC FORWARD
    9348 CIVIC CENTER DRIVE
    BEVERLY HILLS,CA90210     		  PC YOUTH MUSIC INDUSTRY PROGRAMS 1,000
    MARLBORO SCHOOL OF MUSIC INC
    2472 SOUTH ROAD
    MARLBORO,VT05344     		  PC DEVELOPMENT OF NEW MUSICAL LEADERS 1,000
    WILSON HOUSE OF EAST DORSET
    378 VILLAGE STREET
    EAST DORSET,VT05253     		  PC CREATE RELATIONSHIPS TO ENRICH RECOVERY 1,250
    TROY CHROMATIC CONCERTS INC
    PO BOX 1574
    TROY,NY12181     		  PC PROMOTION OF LIVE CLASSICAL MUSIC 1,750
    LISTEN LEBANON IN SVC TO EACH NEIGH
    60 HANOVER STREET
    LEBANON,NH03766     		  PC MEET THE CRITICAL NEEDS OF UPPER VALLEY FAMILIES 3,500
    UPPER VALLEY SNOWSPORTS FOUNDATION
    60623 BANK STREET
    LEBANON,NH03766     		  PC SUPPORT AFFORDABLE SNOWSPORTS EXPERIENCE 500
    WORKING ON WASTE
    PO BOX 641
    CLAREMONT,NH03743     		  PC SAFE ALTERNATIVES TO WHEELBRATOR TRASH INCINERATOR 1,000
    GREAT FALLS COMMUNITY BROADCASTING
    PO BOX 110
    BELLOWS FALLS,VT05101     		  PC INSPIRE AND ENTERTAIN AND AMPLIFY COMMUNITY VOICES 1,000
    NEW HAMPSHIRE NEWS VIEWS AND BLUES
    26 PLEASANT STREET
    CONCORD,NH03301     		  PC EDUCATE AND AMPLIFY COMMUNITY VOICES 1,000
    NH SCIENCE AND PUBLIC HEALTH
    PO BOX 782
    PORTSMOUTH,NH03802     		  PC SCIENCE FOR THE PUBLIC GOOD 1,000
    NEW ENGLAND GRASSROOTS ENVIRONMENT
    PO BOX 611
    NEWMARKET,NH03857     		  PC SUPPORT GRASSROOTS ENVIRONMENTAL WORK AND CIVIC 2,000
    CROSS ROADS HOUSE
    600 LAFAYETTE ROAD
    PORTSMOUTH,NH03801     		  PC SHELTER FOR HOMELESS 5,000
    SEACOAST FAMILY PROMISE
    27 HAMPTON ROAD
    EXETER,NH03833     		  PC EMPOWER FAMILIES WITH CHILDREN LIVING HOMELESS 5,000
    CEDAR CIRCLE FARM AND EDUCATION CEN
    225 PAVILLION ROAD
    EAST THETFORD,VT05043     		  PC EDUCATIONAL ORGANIC FARM AGRI SCIENTIFIC RESEARCH 500
    STONELEDGE STABLES
    1411 UNION VILLAGE
    NORWICH,VT05055     		  PC CHILD EDUCATION IN ANIMALS NATURE AND 500
    TOXICS ACTION CENTER INC
    294 WASHINGTON STREET 500
    BOSTON,MA02108     		  PC ENGAGE IN EDUCATION TRAINING ON LOCAL ENVIRONMENT 1,000
    Total .................................bullet 3a 125,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ....          
    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 ............     		         
    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) .. 45,893    
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    45,893
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 5,400 5,400 5,400 0

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SEE ATTACHED SCHEDULE 50,009 50,116

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SEE ATTACHED SCHEDULE 2,171,257 2,701,079

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2021 InvestmentsLandSchedule2
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 10,379 0 10,379 10,379

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    300,000 UNITS OF BEACON COMMUNITIES   108,725 317,772
    400,000 UNITS OF FDC INVST PTR I   58,970 70,286
    700,000 UNITS OF FDC INVST PTR II   183,103 147,722

    TY 2021 OtherDecreasesSchedule
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Description Amount
    BASIS ADJUSTMENT 131,133


    TY 2021 OtherExpensesSchedule
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMMONWEALTH OF MA FILING FEES 285 285 285 0
    EXPONENT PHILANTHROPY DUES 1,560 1,560 1,560 0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BEACON COMMUNITIES FUND K-1 5,982 5,982 5,982
    FDC INVESTMENT PTNRS I K-1 10,311 10,311 10,311
    FDC INVESTMENT PTNRS II K-1 94,063 94,063 94,063
    FDC INVSTMNT PTNRS I DISTRIB 12,403 12,403 12,403
    FDC INVSTMNT PTNRS II DISTRIB 118,490 118,490 118,490


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FDC MANAGEMENT FEES 20,573 20,573 20,573 0
    SSB&T CUST FEES 1,043 1,043 1,043 0
    FIDELITY FEES 246 246 246 0


    TY 2021 TaxesSchedule
    Name:
    THE TUTHILL FAMILY FOUNDATION
    EIN:
    04-3213327
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE TAXES 237 237 237 0