Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
Harris & Frances Block Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)c/o Betsy Chodorkoff 491 Ennis Hill
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Marshfield, VT05658
A Employer identification number

31-1784246
B Telephone number (see instructions)

(802) 426-3806
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$12,019,748J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 438 438  
4 Dividends and interest from securities... 333,004 333,004  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
55,055
b Gross sales price for all assets on line 6a 4,357,883
7 Capital gain net income (from Part IV, line 2)... 55,055
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)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,605 16,861  
12 Total. Add lines 1 through 11........ 405,102 405,358  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 116,880 17,400   99,480
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,483 9,281   1,202
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
75,288 63,419   11,869
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
29,917 20,070   6,004
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,965 0   1,965
22 Printing and publications.......... 37 0   37
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
62,332 18,688   43,636
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 296,902 128,858   164,193
25 Contributions, gifts, grants paid....... 797,539 797,539
26 Total expenses and disbursements. Add lines 24 and 25 1,094,441 128,858   961,732
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -689,339
b Net investment income (if negative, enter -0-) 276,500
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 0 0 0
2 Savings and temporary cash investments......... 2,476,797 2,266,954 2,266,954
3 Accounts receivable right arrow0
Less: allowance for doubtful accounts right arrow0 678 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....   0  
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 0 605 605
10a Investments—U.S. and state government obligations (attach schedule) 1,674,640 Click to see attachment
List of Attached Documents:
// Content
2,333,894 		2,333,894
b Investments—corporate stock (attach schedule)....... 5,832,819 Click to see attachment
List of Attached Documents:
// Content
4,910,770 		4,910,770
c Investments—corporate bonds (attach schedule)....... 1,153,622 Click to see attachment
List of Attached Documents:
// Content
1,056,634 		1,056,634
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,756,096 Click to see attachment
List of Attached Documents:
// Content
1,405,486 		1,405,486
14 Land, buildings, and equipment: basis right arrow7,355
Less: accumulated depreciation (attach schedule) right arrow7,355 0 Click to see attachment
List of Attached Documents:
// Content
0 		0
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
45,405 		Click to see attachment
List of Attached Documents:
// Content
45,405
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,894,652 12,019,748 12,019,748
Liabilities 17 Accounts payable and accrued expenses.......... 7,877 3,383
18 Grants payable................. 0 0
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe right arrow) 0 0
23 Total liabilities (add lines 17 through 22)......... 7,877 3,383
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 13,886,775 12,016,365
25 Net assets with donor restrictions............ 0 0
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 13,886,775 12,016,365
30 Total liabilities and net assets/fund balances (see instructions). 13,894,652 12,019,748
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
13,886,775
2
Enter amount from Part I, line 27a .....................
2
-689,339
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
13,197,436
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,181,071
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,016,365
Form 990-PF (2022)
Form 990-PF (2022)
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 Publicly Traded Securities      
b Capital Gain Distributions P 2021-12-31 2022-12-31
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 4,340,241 0 4,302,828 37,413
b 17,642 0 0 17,642
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 0 0 0 37,413
b 0 0 0 17,642
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 55,055
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  
Form 990-PF (2022)
Form 990-PF (2022)
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 right arrow 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) 1 3,843
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 3,843
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,843
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 18,987
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment : -18987 7 18,987
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 15,144
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow15,144 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowVT
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowwww.blockfound.org
14
The books are in care ofright arrowAlpine Five LLC Telephone no.right arrow (802) 324-9270

Located atright arrow3133 Jacarillo TrailSouth Lake TahoeCA ZIP+4right arrow96150
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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
 
No
b
If "Yes," did it have excess business holdings in 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
Nancy M Sluys President
1.00 		7,000 0 0
491 Ennis Hill Road
Marshfield,VT05658
Elizabeth M Chodorkoff Ex. Director & Treasurer
30.00 		87,000 0 0
491 Ennis Hill Road
Marshfield,VT05658
Rebecca Robinson Secretary & Program Director
6.00 		15,880 0 0
491 Ennis Hill Road
Marshfield,VT05658
Lisa Chodorkoff Trustee
1.00 		7,000 0 0
491 Ennis Hill Road
Marshfield,VT05658
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...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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.............right arrow0
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 None 0
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 None 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
12,177,873
b
Average of monthly cash balances.......................
1b
451,987
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
12,629,860
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
12,629,860
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
189,448
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,440,412
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
622,021
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
622,021
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,843
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,843
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
618,178
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
618,178
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 XII, line 1 ...
7
618,178
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
961,732
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
961,732
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 618,178
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 0
b From 2018...... 0
c From 2019...... 121,213
d From 2020...... 111,378
e From 2021...... 140,656
f Total of lines 3a through e ........ 373,247
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 961,732
a Applied to 2021, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 618,178
e Remaining amount distributed out of corpus 343,554
5 Excess distributions carryover applied to 2022. 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 5 716,801
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		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 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		716,801
10 Analysis of line 9:
a Excess from 2018.... 0
b Excess from 2019.... 121,213
c Excess from 2020.... 111,378
d Excess from 2021.... 140,656
e Excess from 2022.... 343,554
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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).)
None
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.
None
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
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 (2022)
Form 990-PF (2022)
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

Alight

22 South Broadway 9912
Denver,CO80209 		  PC Mobilizing Justice 25,000

Back Country Horsemen of the Virginia Highlands

351 Big Brush Creek Road
Fries,VA24330 		  PC Virginia HighlandsTrail 3,000

Barre Historical Society

PO Box 496
Barre,VT05647 		  PC Bread and PuppetPerformance 1,500

Bennington County Open Arms

PO Box 263
Dorset,VT05251 		  PC Assistance forAfghanistan Refugees inBennington County 3,000

Bennington Museum

75 Main Street
Bennington,VT05201 		  PC Wildflower TrailCreative Nature Walk 3,000

BetterALife Inc

816 Pencoast Drive
Purcellville,VA20132 		  PC General ProgramSupport 10,000

Blue Ridge Discovery Center

6402 Whitetop Road
Troutdale,VA24378 		  PC Youth EnvironmentalEducation Programs 24,285

Center for Creative Aging NC

2400 Summit Ave
Greensboro,NC27405 		  PC International Garden 10,000

Center for Whole Communities

PO Box 5483
Burlington,VT05402 		  PC Vermont's EmergingEnvironmental JusticeNetwork 25,000

Central Vermont Vermont Community Radio

123 Pitkin Road
Plainfield,VT05667 		  PC General ProgramSupport 3,000

Clean Water for North Carolina

1070 Tunnel Rd Building 4 Ste 1
Ashville,NC28805 		  PC Well Water Protectionfor FrontlineCommunities 25,000

Common Roots

PO Box 9335
South Burlington,VT05407 		  PC Food Security andFood Education 10,000

Community Harvest of Central Vermont

146 Lord Road
Berlin,VT05602 		  PC Gleaning Vehicle 2022 2,000

Community Theater of Greensboro

520 South Elm Street
Greensboro,NC27406 		  PC Onstage and Inclusive2022 2,500

El Centro AMISTAD

2222 14th Street
Boulder,CO80302 		  PC Companeras Project 25,000

Foothills Conservancy of North Carolina

204 Avery Avenue
Morganton,NC28655 		  PC Our Big BackyardEnvironmental Education 10,000

Girl Scouts of Virginia Skyline

3663 Peters Creek Road NW
Roanoke,VA24019 		  PC Trail LetteringMaintenance 2,000

Green City Force Inc

630 Flushing Avenue Mailbox 1
Brooklyn,NY11206 		  PC General Support 3,000

Healthy Roots Collaborative

75 Fairfield Street
St Albans,VT05478 		  PC General Support 25,000

Hunger Free Vermont

38 Eastwood Drive Suite 100
South Burlington,VT05403 		  PC Bringing All Voicesto the Table 8,500
Hunger Free Vermont


38 Eastwood Drive Suite 100
South Burlington,VT05403 		None PC Childhood InitiativeProject 10,000

Institute for Social Ecology

PO Box 48
Plainfield,VT05667 		  PC 2022 Education for Racialand Environmental Justice 25,000

Inter-Faith Food Shuttle

1001 Blair Drive Suite 120
Raleigh,NC27603 		  PC Digging Deep forSystemic Solutionsto End Hunger 25,000

Jaquith Public Library

122 School Street
Marshfield,VT05658 		  GOV Afterschool NatureBased EnrichmentProgram 3,000

Migrant Justice

294 North Winooski Ave
Burlington,VT05401 		  PC Human Rights forImmigrant Farmworkers 25,000

Milestone Adventures

63 Fiske Road
Topsham,VT05706 		  PC Growing Peace Garden 5,000

Minglewood Farm and Nature Preserve

238 Minglewood Road
Westfield,NC27053 		  PC Capacity Building.Food, Farm andNature Programming 25,000

Montpelier Parks and Trees Department

39 Main Street
Montpelier,VT05602 		  GOV Feast Farm, Youth FarmEducation and CommunityFood Security 20,550

Peace and Justice Center

60 Lake Street 1C
Burlington,VT05401 		  PC General Support andCommunity EducationPrograms 20,000

Planned Parenthood of NNE

784 Hercules Drive Suite 110
Colchester,VT05446 		  PC Delivering LifeChanging Care 25,000

Planned Parenthood of the Rocky Mountains

7155 East 38th Avenue
Denver,CO80207 		  PC Colorado AbortionFund 25,000

Planned Parenthood South Atlantic

3000 Maplewood Ave Suite 112
WinstonSalem,NC28401 		  PC Black Organizing Program& Muslin OrganizingProgram 25,000

Red Wiggler Community Farm

PO Box 968
Clarksburg,MD20871 		  PC Grower Program 10,000

Refugee and Immigrant Fund

32-13 37th Street
Astoria,NY11103 		  PC Asylum SeekerSupport 2022 20,000

Community Resilience Organizations

1442 Dearing Road
Bethel,VT05032 		  PC Regeneration Corps 19,200

Rich Earth Institute

355 Old Ferry Road
Brattleboro,VT05301 		  PC Nutrient RecyclingEducation 5,000

Root Social Justice Center

18 Williams Street
Brattleboro,VT05301 		  PC General OperatingSupport 20,000

Rural Vermont

46 East State Street
Montpelier,VT05602 		  PC Just and EquitableFarm and Food 25,000

Rural Vermont

46 East State Street
Montpelier,VT05602 		  PC Building a Just andEquitable Farm and Food Web 25,000

Simon Green Atkins Comm Dev Corp

1922 S Martin Luther King Jr Drive
WinstonSalem,NC27107 		  PC 2022 Food, Art andEntrepreneurship Project 25,000

Simon Green Atkins Comm Dev Corp

1922 S Martin Luther King Jr Drive
WinstonSalem,NC27107 		  PC Increasing Food AccessThrough Education, Gardeningand Community Engagement 25,000

Shares Corporation

PO Box 1365
Lyndonville,VT05851 		  PC Direct Program Support 1,000

Soul 2 Soul Sisters

PO Box 7632
Denver,CO80207 		  PC Achieving ReproductiveJustice for BlackWomen Project 25,000

Sprout City Farms

PO Box 7536
Denver,CO80207 		  PC Food Access throughCommunity Gardens,Education and Community Partnerships 25,000

Taproot Farm and Environmental Center

PO Box 245
Lancaster,NH03584 		  PC Education ProgramExpansion 25,000

The North Branch Nature Center

713 Elm Street
Montpelier,VT05602 		  PC Centering Justice,Equity, Diversity andInclusion in VT 25,000

Tides Center

PO Box 889385
Los Angeles,CA90088 		  PC Nobody Leaves Mid-Hudson 25,000

Town of Marshfield

123 School Street
Marshfield,VT05658 		  GOV Community PicnicShelter 3,000

Toxic Action Center

141 Main Street Suite 6
Montpelier,VT05602 		  PC Community OrganizationEducation to FightToxics Pollution 20,000

Vital Communities

195 North Main Street
White River Junction,VT05001 		  PC Food System Resiliencyfrom the Ground Up 17,000

Youth Farm Project

1013 W Martin Luther King Jr Street
Ithaca,VT05855 		  PC Summer Teen FarmProject 3,000

Block Foundation

491 Ennis Hill Road
Marshfield,VT05658 		  PC General Support paid through InvestmentPartnership 4
Total .................................right arrow 3a 797,539
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2022)
Form 990-PF (2022)
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 ........... 		    14 438  
4 Dividends and interest from securities ....     14 333,004  
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 55,055  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOrdinary Gains from Partnerships 		110000 -483 1 9,655  
bPartnership Rental Gains 110000 0 1 153  
cOther Partnership Gains 110000 -288 1 7,053  
dTax Exempt Income 110000 0 1 515  
e
12 Subtotal. Add columns (b), (d), and (e) .. -771 405,873  
13Total. Add line 12, columns (b), (d), and (e)..................
13
405,102
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  
Part VI Line 7 -Original Return Overpayment: -18,987


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Firms Accounting/Tax 9,923 9,156   767
Payroll Processor Payroll Services 560 125   435

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

TY 2022 DepreciationSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Laptop computer 2009-12-04 2,440 2,440 SL 5.000000000000 0 0    
Laptop computer 2010-09-29 962 962 SL 3.000000000000 0 0    
Laptop computer 2012-02-04 2,373 2,373 SL 3.000000000000 0 0    
Mac computer 2014-07-18 1,580 1,580 SL 3.000000000000 0 0    

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

TY 2022 GainLossSaleOtherAssetsSch
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
Publicly Traded Securities   Purchased   Unrelated Third Parties 4,340,241 4,302,828 Cost 0 37,413  
Capital Gain Distributions   Purchased   Not Applicable 17,642 0     17,642  

TY 2022 InvestmentsCorpBondsSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Name of Bond End of Year Book Value End of Year Fair Market Value
The Nature Conservancy 212,707 212,707
Self-Help Federal Credit Union 466,105 466,105
Blue Ridge Discovery Center Inc. 200,000 200,000
SUN Initiative Financing, LLC II 25,000 25,000
The Skinny Pancake 50,000 50,000
Vermont Community Loan Fund 70,000 70,000
Vermont Natural Coatings, Inc. 32,822 32,822

TY 2022 InvestmentsCorpStockSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Name of Stock End of Year Book Value End of Year Fair Market Value
Amalgamated Financial Corporation 91,123 91,123
Beiersdorf AG 223,914 223,914
Check Pt Software 151,392 151,392
Christian Hansen Holdings 201,533 201,533
Cisco Systems Inc. 107,190 107,190
Colgate-Palmolive Company 157,580 157,580
Federal Agri 4.875% PFD 170,444 170,444
First Solar Inc. 32,205 32,205
General Mills Inc. 167,700 167,700
GSK PLC 298,163 298,163
IBM Corp. 216,266 216,266
Koninklijke Ahold N.V. 172,200 172,200
Organon & Company 168,697 168,697
Quest Diagnostic Inc. 99,339 99,339
S J W Group 243,570 243,570
Shimano Inc. 55,639 55,639
Spark New Zealand Ltd. 204,780 204,780
Sprouts Farmers Markets 194,220 194,220
Takeda Pharma Company 249,600 249,600
Telia Company 286,877 286,877
Telus Corporation 154,480 154,480
The Camden National Bank 166,760 166,760
UCB S A 121,634 121,634
Unilever 251,750 251,750
United Utilities 151,040 151,040
Vestas Wind Systems 99,605 99,605
Wiley & Sons Inc. John 173,059 173,059
Cooperative Regions of Organic Producer Pools Cl E 100,000 100,000
High Mowing Seed Co. 100,010 100,010
Owesta Corporation 100,000 100,000

TY 2022 InvestmentsGovtObligationsSch
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
US Government Securities - End of Year Book Value:

2,333,894
US Government Securities - End of Year Fair Market Value:

2,333,894
State & Local Government Securities - End of Year Book Value:


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


 


TY 2022 InvestmentsOtherSchedule2
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Hannon Armstrong Sus REIT   152,435 152,435
Healthpeak Properties Inc. REIT   193,039 193,039
Physicians Realty Trust REIT   151,863 151,863
Stag Industrial Inc. REIT   96,930 96,930
Income & Impact Fund, LLC   109,010 109,010
Iroquois Valley Farmland REIT   120,450 120,450
Northeast Kingdom Tasting Center   44,022 44,022
Reinventure Capital Fund I LP   110,213 110,213
Safer Made LP   38,739 38,739
Sunwealth Loan Company 12   100,000 100,000
The Lyme Forest Fund III TE LP   8,149 8,149
The Lyme Forest Fund IV TE LP   45,337 45,337
The Lyme Forest Fund V TE LP   187,247 187,247
VSJF Flexible Capital Fund L3C   48,052 48,052

TY 2022 LandEtcSchedule2
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Computer Equipment 7,355 7,355 0  


TY 2022 OtherAssetsSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Excise Tax Refund Receivable 0 15,144 15,144
Accrued Investment Income 0 30,261 30,261


TY 2022 OtherDecreasesSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Description Amount
Unrealized Losses on Investments 1,181,071


TY 2022 OtherExpensesSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Information Technology 35,770 50   35,720
Insurance 1,746 378   1,368
Membership Fees 5,590 0   5,590
Miscellaneous Expenses 145 0   145
Office Expenses 1,101 288   813
Other Investment Expenses 17,980 17,972   0


TY 2022 OtherIncomeSchedule2
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Ordinary Gains from Partnerships 9,172 9,655  
Partnership Rental Gains 153 153  
Other Partnership Gains 6,765 7,053  
Tax-Exempt Income 515 0  


TY 2022 OtherProfessionalFeesSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Managers Investment Management 63,419 63,419   0
Consultants Strategic Planning 11,869 0   11,869


TY 2022 TaxesSchedule
Name:
Harris & Frances Block Foundation Inc
EIN:
31-1784246
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes and ADR Fees 18,739 18,739   0
Payroll Taxes 7,335 1,331   6,004
Excise Tax 3,843 0   0