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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2016
Open to Public Inspection
For calendar year 2016, or tax year beginning 01-01-2016 , and ending 12-31-2016
Name of foundation
THE BEVERIDGE FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)3 UPLAND LANE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST NEWBURY, MA01985
A Employer identification number

31-1698286
B Telephone number (see instructions)

(800) 229-9667
C bullet
G Check all that apply:

D 1. bullet
2. 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$53,185,674
J 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 Sch. B .............
3 Interest on savings and temporary cash investments 8 8  
4 Dividends and interest from securities... 1,422,668 1,422,668  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 898,141
b Gross sales price for all assets on line 6a 27,767,871
7 Capital gain net income (from Part IV, line 2)... 898,141
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,320,817 2,320,817  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 172,000 35,776   136,224
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 43,127 8,970   34,157
16a Legal fees (attach schedule)......... 16,748 8,374   8,293
b Accounting fees (attach schedule)....... 55,016 27,508   27,954
c Other professional fees (attach schedule).... 381,576 369,428   12,248
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 75,106 38,765   0
19 Depreciation (attach schedule) and depletion... 430 0  
20 Occupancy.............. 16,800 3,494   13,306
21 Travel, conferences, and meetings....... 46,734 9,720   37,014
22 Printing and publications.......... 551 115   436
23 Other expenses (attach schedule)....... 37,346 5,601   29,333
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 845,434 507,751   298,965
25 Contributions, gifts, grants paid....... 2,094,599 2,094,599
26 Total expenses and disbursements. Add lines 24 and 25 2,940,033 507,751   2,393,564
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -619,216
b Net investment income (if negative, enter -0-) 1,813,066
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2016)
Page 2
Form 990-PF (2016)
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............. 27,333 4,465 4,465
2 Savings and temporary cash investments......... 1,576,935 1,766,782 1,766,782
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.......... 1,280 2,706 2,706
10a Investments—U.S. and state government obligations (attach schedule) 4,310,390 Click to see attachment3,786,235 3,786,235
b Investments—corporate stock (attach schedule)....... 27,600,040 Click to see attachment27,949,500 27,949,500
c Investments—corporate bonds (attach schedule)....... 8,420,582 Click to see attachment8,778,761 8,778,761
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,860,537 Click to see attachment10,740,862 10,740,862
14 Land, buildings, and equipment: basis bullet10,984
Less: accumulated depreciation (attach schedule) bullet5,915 640 Click to see attachment5,069 5,069
15 Other assets (describe bullet) Click to see attachment97,438 Click to see attachment151,294 Click to see attachment151,294
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 52,895,175 53,185,674 53,185,674
Liabilities 17 Accounts payable and accrued expenses.......... 32,699 31,249
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment4,000 Click to see attachment24,841
23 Total liabilities (add lines 17 through 22)......... 36,699 56,090
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 37,858,476 38,129,584
25 Temporarily restricted...............    
26 Permanently restricted............... 15,000,000 15,000,000
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 52,858,476 53,129,584
31 Total liabilities and net assets/fund balances (see instructions). 52,895,175 53,185,674
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 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
52,858,476
2
Enter amount from Part I, line 27a .....................
2
-619,216
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
899,324
4
Add lines 1, 2, and 3 ..........................
4
53,138,584
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
9,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
53,129,584
Form 990-PF (2016)
Page 3
Form 990-PF (2016)
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 SALE OF PUBLICLY TRADED SECURITIES      
b
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 27,767,871   26,869,730 898,141
b
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       898,141
b
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 2 898,141
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2015 3,233,724 55,399,271 0.058371
2014 2,788,698 57,245,843 0.048714
2013 2,474,182 53,653,790 0.046114
2012 1,988,268 49,793,996 0.039930
2011 2,297,903 49,989,663 0.045968
2
Total of line 1, column (d) .....................
20.239097
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years ......
30.047819
4
Enter the net value of noncharitable-use assets for 2016 from Part X, line 5......
452,108,978
5
Multiply line 4 by line 3......................
52,491,799
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
618,131
7
Add lines 5 and 6........................
72,509,930
8
Enter qualifying distributions from Part XII, line 4,.............
82,433,423
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2016)
Page 4
Form 990-PF (2016)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 36,261
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 36,261
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 36,261
6 Credits/Payments:
a 2016 estimated tax payments and 2015 overpayment credited to 2016 6a 24,420
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,420
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 11,841
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2017 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2016 or the taxable year beginning in 2016 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2016)
    Page 5
    Form 990-PF (2016)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.BEVERIDGE.ORG
    14
    The books are in care ofbulletGMA FOUNDATIONS Telephone no.bullet (617) 426-7080

    Located atbullet2 LIBERTY SQUARE STE 500BOSTONMA ZIP+4bullet02109
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2016, 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 instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2016?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2016, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2016?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2016 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 2016.)..................
    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 2016?
    4b
     
    No
    Form 990-PF (2016)
    Page 6
    Form 990-PF (2016)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2016)
    Page 7
    Form 990-PF (2016)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WARD S CASWELL PRESIDENT/DIRECTOR
    40.00
    172,000 32,810 0
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    PHILIP CASWELL V.P./DIRECTOR
    0.50
    0 0 0
    3902 N LONGVIEW DR
    JUPITER,FL33477
    RUTH S DUPONT TREASURER/DIRECTOR
    0.50
    0 0 0
    409 GOLF COURSE COURT
    ARNOLD,MD21012
    LEAH BEVERIDGE RICHARDSON CLERK/DIRECTOR
    0.50
    0 0 0
    24 KNAPP STREET
    SOMERVILLE,MA02143
    ALFRED L GRIGGS ASST. CLERK/DIRECTOR
    0.50
    0 0 0
    9 BARRETT PLACE
    NORTHAMPTON,MA01060
    CHRISTA PALMER BIGUE DIRECTOR
    0.50
    0 0 0
    507 AVENUE CABRILLO
    HALF MOON BAY,CA94019
    CAROL A LEARY PHD DIRECTOR
    0.50
    0 0 0
    588 LONGMEADOW STREET
    LONGMEADOW,MA01106
    PETER WESTON DIRECTOR
    0.50
    0 0 0
    44 BUTTERNUT ROAD
    WESTFIELD,MA01085
    JABEZ PALMER DIRECTOR
    0.50
    0 0 0
    311 29TH AVENUE EAST
    SEATTLE,WA98112
    ELIZABETH L KIRKPATRICK DIRECTOR
    0.50
    0 0 0
    3622 E BRIARWOOD AVE
    CENTENNIAL,CO80122
    JOSEPH BEVERIDGE PALMER DIRECTOR
    0.50
    0 0 0
    192 MIDDLE ROAD PO BOX 187
    CENTER SANDWICH,NH03227
    FREDERICK WILLIAM STECHER DIRECTOR
    0.50
    0 0 0
    3539 GUNDRY AVENUE
    LONG BEACH,CA90807
    JONATHAN CASWELL DIRECTOR
    0.50
    0 0 0
    5622 EAST WEAVER CIRCLE
    CENTENNIAL,CO80111
    ALEXANDER CASWELL DIRECTOR
    0.50
    0 0 0
    615 REEDS BRIDGE ROAD
    CONWAY,MA01341
    IAN CAMPBELL PALMER DIRECTOR (RESIGNED 4/27/16)
    0.50
    0 0 0
    302 MAPLE LANE
    SEVERNA PARK,MD21146
    JILLIAN L HICKERSON DIRECTOR (RESIGNED 4/27/16)
    0.50
    0 0 0
    629 SOUTH NEVADA STREET
    OCEANSIDE,CA92054
    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
    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
    BRANDES INVESTMENT PARTNERS INVESTMENT MANAGEMENT 85,971
    11988 EL CAMINO REAL 600
    SAN DIEGO,CA92130
    NFJ INVESTMENT GROUP LLC INVESTMENT MANAGEMENT 62,994
    1633 BROADWAY
    NEW YORK,NY10019
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 INVESTMENT IN WELLSPRING INVESMENT FUND, INC., A 501(C)(3) ORGANIZATION, TO SUPPORT WELLSPRING HARVEST COOPERATIVE, A COMMERCIAL HYDROPONIC GREENHOUSE IN SPRINGFIELD, MASSACHUSETTS. THE INVESTMENT IS IN THE FORM OF A PROMISSORY NOTE WITH AN INTEREST RATE OF 3% PER ANNUM, WHICH IS DUE WITHIN 90 DAYS OF DEMAND BY THE HOLDER. 35,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet35,000
    Form 990-PF (2016)
    Page 8
    Form 990-PF (2016)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    51,456,224
    b
    Average of monthly cash balances.......................
    1b
    1,446,292
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    52,902,516
    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
    52,902,516
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    793,538
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    52,108,978
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,605,449
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,605,449
    2a
    Tax on investment income for 2016 from Part VI, line 5......
    2a
    36,261
    b
    Income tax for 2016. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,261
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,569,188
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    5,000
    5
    Add lines 3 and 4............................
    5
    2,574,188
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,574,188
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,393,564
    b
    Program-related investments—total from Part IX-B..................
    1b
    35,000
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    4,859
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,433,423
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,433,423
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2016)
    Page 9
    Form 990-PF (2016)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2015
    (c)
    2015
    (d)
    2016
    1 Distributable amount for 2016 from Part XI, line 7 2,574,188
    2 Undistributed income, if any, as of the end of 2016:
    a Enter amount for 2015 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2016:
    a From 2011......  
    b From 2012......  
    c From 2013......  
    d From 2014...... 11,207
    e From 2015...... 531,610
    fTotal of lines 3a through e........ 542,817
    4Qualifying distributions for 2016 from Part
    XII, line 4: bullet$ 2,433,423
    a Applied to 2015, 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 2016 distributable amount..... 2,433,423
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2016. 140,765 140,765
    (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 5 402,052
    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 2015. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2017 ..........
    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 2011 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2017.
    Subtract lines 7 and 8 from line 6a ......
    402,052
    10 Analysis of line 9:
    a Excess from 2012....  
    b Excess from 2013....  
    c Excess from 2014....  
    d Excess from 2015.... 402,052
    e Excess from 2016....  
    Form 990-PF (2016)
    Page 10
    Form 990-PF (2016)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2016, 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) 2016 (b) 2015 (c) 2014 (d) 2013
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WARD CASWELL
    3 UPLAND LANE
    WEST NEWBURY,MA01985
    (800) 229-9667
    WARD@CASWELL.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS SHOULD SUBMIT THE PROPOSAL ABSTRACT PROVIDED BY THE FOUNDATION ALONG WITH THE FOLLOWING REQUIRED DOCUMENTS: 1)COPY OF IRS LETTER CLASSIFYING THE APPLICANT AS EXEMPT UNDER CODE SECTIONS 509(A) & 501(C)(3);2)COPY OF 990 FOR THE MOST RECENT TWO YEARS;3)THREE CONSTRUCTION BIDS, IF CONSTRUCTION PROJECT;4)NAMES AND AFFILIATIONS OF THE BOARD MEMBERS;5)IF HOSPITAL OR OTHER HEALTH-RELATED FACILITY, A COPY OF THE DETERMINATION OF NEED (DON) OR A CERTIFICATE OF NEED (CON); 6)MOST RECENT AUDITED FINANCIAL STATEMENTS, IF APPLICABLE;7)NAME AND QUALIFICATIONS OF THE PERSON RESPONSIBLE FOR ADMINISTERING THE GRANT;8)DETAILED BUDGET OF THE PROJECT;9)LIST OF OTHER SOURCES OF FUNDING FOR THIS PROJECT;10)A STATEMENT THAT THE GRANT REQUEST IS EXECUTED BY A PERSON AUTHORIZED TO SUBMIT ON BEHALF OF THE REQUESTING ORGANIZATION;11)TABLE OF ORGANIZATION;12)IF A UNIT OF GOVERNMENT, EVIDENCE OF THE RELATIONSHIP.
    cAny submission deadlines:
    DUE DATE FOR RECEIPT OF COMPLETE PROPOSALS IS 5:00 PM ON FEBRUARY 1 AND AUGUST 1 OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    REJECTED PROGRAM ACTIVITES: INTERNATIONAL AFFAIRS;MEMBER BENEFIT. REJECTED TYPES OF SUPPORT: AWARDS/PRIZES/COMPETITIONS;COLLECTIONS MGMT; COMMISSIONING NEW WORKS; CONFERENCES/SEMINARS; CURRICULUM DEVELOPMENT;DEBT REDUCTION;EMPLOYEE MATCHING GIFTS;EMPLOYEE-BASED SCHOLARSHIPS;ENDOWMENT FUNDS;FACULTY/STAFF DEVELOPMENT;FELLOWSHIPS;FILM/VIDEO/RADIO PRODUCTION;FOUNDATION ADMINISTERED PROGRAMS;GENERAL/OPERATING SUPPORT;GRANTS/SCHOLARSHIPS TO INDIVIDUALS;INCOME DEVELOPMENT;INTERNSHIP FUNDS;MANAGEMENT DEVELOPMENT;PERFORMANCE/PRODUCTION COSTS;PROFESSORSHIPS;PROGRAM-RELATED INVESTMENT/LOANS;STUDENT AID. MAXIMUM GRANT AMOUNT REQUESTED SHOULD NOT EXCEED 25% OF THE TOTAL CONTRIBUTIONS FOR THE MOST RECENTLY ENDED FISCAL YEAR, OR 20% OF THE PROJECT BUDGET. APPROVED AREAS OF GIVING INCLUDE: HAMPDEN & HAMPSHIRE COUNTIES, MA.
    Form 990-PF (2016)
    Page 11
    Form 990-PF (2016)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ACTION CENTERED TUTORING SERVICES INC
    37 CHESTNUT ST
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 10,000
    ALBERT & AMELIA FERST OPERATING FOUNDATION
    21 S BROAD ST
    WESTFIELD,MA01085
    N/A PC PROGRAM SUPPORT 10,000
    AMATEUR ATHLETIC UNION OF THE UNITED STATES INC
    31968 PEPPER TREE ST
    WINCHESTER,CA92596
    N/A PC PROGRAM SUPPORT 2,500
    AMERICAN RED CROSS OF WESTERN MASS
    150 BROOKDALE ST
    SPRINGFIELD,MA01104
    N/A PC PROGRAM SUPPORT 5,000
    APPALACHIAN MOUNTAIN CLUB
    5 JOY ST
    BOSTON,MA02108
    N/A PC PROGRAM SUPPORT 7,260
    ARGENZIANO SCHOOL PTA
    290 WASHINGTON STREET
    SOMERVILLE,MA02143
    N/A PC PROGRAM SUPPORT 5,000
    BABY BASICS INC
    47 BEAUFORT AVE
    NEEDHAM,MA02492
    N/A PC PROGRAM SUPPORT 5,000
    BAY PATH UNIVERSITY
    588 LONGMEADOW ST
    LONGMEADOW,MA01106
    N/A PC PROGRAM SUPPORT 10,000
    BERKSHIRE HILLS MUSIC ACADEMY INC
    48 WOODBRIDGE ST
    SOUTH HADLEY,MA01075
    N/A PC PROGRAM SUPPORT 40,000
    BIG BROTHERSBIG SISTERS OF HAMPDEN COUNTY
    83 MAPLE STREET SUITE 201
    SPRINGFIELD,MA01105
    N/A PC PROGRAM SUPPORT 1,000
    BIRTHDAY WISHES INC
    PO BOX 590645
    NEWTON CENTRE,MA02459
    N/A PC PROGRAM SUPPORT 7,500
    BLUES TO GREEN INC
    18 TUCKER ROAD
    HUNTINGTON,MA01050
    N/A PC PROGRAM SUPPORT 10,000
    BOY SCOUTS OF AMERICA
    1 ARCH ROAD SUITE 5
    WESTFIELD,MA01085
    N/A PC PROGRAM SUPPORT 1,800
    BRIMFIELD ELEMENTARY SCHOOL PTO
    28 WALES ROAD
    BRIMFIELD,MA01010
    N/A PC PROGRAM SUPPORT 1,674
    CARING HEALTH CENTER INC
    1049 MAIN STREET
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 2,500
    CARLSBAD HIGH SCHOOL TELEVISION BOOSTER CLUB
    3557 LANCER WAY
    CARLSBAD,CA92008
    N/A PC PROGRAM SUPPORT 2,500
    CENTER FOR HUMAN DEVELOPMENT INC
    332 BIRNIE AVE
    SPRINGFIELD,MA01107
    N/A PC PROGRAM SUPPORT 15,000
    CENTER FOR NEW AMERICANS INC
    42 GOTHIC STREET
    NORTHAMPTON,MA01060
    N/A PC PROGRAM SUPPORT 17,500
    CHOATE ROSEMARY HALL FOUNDATION INCORPORATED
    333 CHRISTIAN ST
    WALLINGFORD,CT06492
    N/A PC PROGRAM SUPPORT 5,000
    COMMUNITY EDUCATION PROJECT INC
    317 MAIN ST
    HOLYOKE,MA01040
    N/A PC PROGRAM SUPPORT 30,000
    COMMUNITY FOUNDATION OF WESTERN MASSACHUSETTS
    1500 MAIN STREET
    SPRINGFIELD,MA01115
    N/A PC PROGRAM SUPPORT 56,000
    COMMUNITY INVOLVED IN SUSTAINING AGRICULTURE INC
    1 SUGARLOAF ST 2ND FLR
    SOUTH DEERFIELD,MA01373
    N/A PC PROGRAM SUPPORT 5,000
    COMMUNITY UNITED WAY OF PIONEER VALLEY INC
    1441 MAIN STREET SUITE 147
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 25,000
    CONCORD HOSPITAL TRUST
    250 PLEASANT ST
    CONCORD,NH03301
    N/A PC PROGRAM SUPPORT 5,000
    CONNECTICUT RIVER WATERSHED COUNCIL INC
    15 BANK ROW
    GREENFIELD,MA01301
    N/A PC PROGRAM SUPPORT 10,000
    DELORES PROJECT
    POBOX 1406
    DENVER,CO80201
    N/A PC PROGRAM SUPPORT 3,250
    DOUBLE EDGE THEATRE PRODUCTIONS INCORPORATED
    948 CONWAY RD
    ASHFIELD,MA01330
    N/A PC PROGRAM SUPPORT 5,000
    DRAMA STUDIO INC
    PO BOX 80892
    SPRINGFIELD,MA01138
    N/A PC PROGRAM SUPPORT 15,000
    ENVIRONMENT MASSACHUSETTS RESEARCH & POLICY CENTER
    294 WASHINGTON STREET SUITE 500
    BOSTON,MA02108
    N/A PC PROGRAM SUPPORT 5,000
    ENVIRONMENTAL LEARNING FOR KIDS
    6060 BROADWAY
    DENVER,CO80216
    N/A PC PROGRAM SUPPORT 3,250
    EPISCOPAL CHURCH OF THE GOOD SHEPHERD OF TEQUESTA INC
    400 SEABROOK RD
    TEQUESTA,FL33469
    N/A PC PROGRAM SUPPORT 5,000
    FIDELCO GUIDE DOG FOUNDATION INC
    103 VISION WAY
    BLOOMFIELD,CT06002
    N/A PC PROGRAM SUPPORT 5,000
    FIRST UNIVERALIST CHURCH OF DENVER
    4101 E HAMPDEN AVE
    DENVER,CO80218
    N/A PC PROGRAM SUPPORT 13,500
    FLORENCE CRITTENTON SERVICES OF COLORADO
    96 SOUTH ZUNI ST
    DENVER,CO80223
    N/A PC PROGRAM SUPPORT 10,000
    FOUNDATION CENTER
    32 OLD SLIP
    NEW YORK,NY10005
    N/A PC PROGRAM SUPPORT 5,000
    FRIENDS OF BAYSTATE ACADEMY CHARTER PUBLIC SCHOOL
    2001 ROOSEVELT AVE
    SPRINGFIELD,MA01104
    N/A PC PROGRAM SUPPORT 20,000
    FRIENDS OF THE HOLYOKE CREATIVE ARTS CENTER INC
    PO BOX 4998
    HOLYOKE,MA01041
    N/A PC PROGRAM SUPPORT 14,000
    GIRLS INCORPORATED OF HOLYOKE
    6 OPEN SQUARE WAY
    HOLYOKE,MA01041
    N/A PC PROGRAM SUPPORT 42,500
    GORDON SCHOOL
    45 MAXFIELD AVE
    EAST PROVIDENCE,RI02914
    N/A PC PROGRAM SUPPORT 5,000
    GRANBY PARENT TEACHER ORGANIZATION
    14 WEST STREET
    GRANBY,MA01033
    N/A PC PROGRAM SUPPORT 5,000
    GREATER NEW LIFE CHRISTIAN CENTER
    1323 WORCESTER ST
    INDIAN ORCHARD,MA01151
    N/A PC PROGRAM SUPPORT 5,000
    GREATER SPRINGFIELD HABITAT FOR HUMANITY INC
    268 COLD SPRING AVENUE
    W SPRINGFIELD,MA01089
    N/A PC PROGRAM SUPPORT 25,000
    GREATER SPRINGFIELD SENIOR SERVICES INC
    66 INDUSTRY AVE STE 9
    SPRINGFIELD,MA01104
    N/A PC PROGRAM SUPPORT 5,000
    GROUNDWORK SOMERVILLE INC
    24 PARK ST 7
    SOMERVILLE,MA02143
    N/A PC PROGRAM SUPPORT 3,000
    HAP INC
    322 MAIN ST STE 1
    SPRINGFIELD,MA01105
    N/A PC PROGRAM SUPPORT 15,000
    HARMONY HOUSE INC
    PO BOX 6135
    HOLYOKE,MA01041
    N/A PC PROGRAM SUPPORT 5,000
    HILLTOWN LAND TRUST INC
    332 BULLIT ROAD
    ASHFIELD,MA01330
    N/A PC PROGRAM SUPPORT 4,000
    HOLYOKE COMMUNITY COLLEGE FOUNDATION INC
    303 HOMESTEAD AVENUE
    HOLYOKE,MA01040
    N/A PC PROGRAM SUPPORT 30,000
    HOLYOKE YOUNG MENS CHRISTIAN ASSOCIATION INC
    171 PINE ST
    HOLYOKE,MA01040
    N/A PC PROGRAM SUPPORT 20,000
    HOPE AND COMFORT INC
    PO BOX 241
    NEWTON UPPER FALLS,MA02464
    N/A PC PROGRAM SUPPORT 3,000
    HUMAN DEVELOPMENT CORPORATION
    664 E CENTRAL AVE
    EDGEWATER,MD21037
    N/A PC PROGRAM SUPPORT 10,000
    INFINITE LEARNING
    214 MAIN ST
    EL SEGUNDO,CA90245
    N/A PC PROGRAM SUPPORT 5,000
    INSIGHT PRODUCTIONS INC
    PO BOX 96
    MARLBORO,VT05344
    N/A PC PROGRAM SUPPORT 5,000
    JEANNE GEIGER CRISIS CENTER INC
    2 HARRIS STREET
    NEWBURYPORT,MA01950
    N/A PC PROGRAM SUPPORT 5,000
    JUPITER MEDICAL CENTER FOUNDATION INC
    1210 S OLD DIXIE HWY
    JUPITER,FL33458
    N/A PC PROGRAM SUPPORT 5,000
    LEADERSHIP PIONEER VALLEY
    1 FEDERAL ST BLDG 1
    SPRINGFIELD,MA01105
    N/A PC PROGRAM SUPPORT 16,000
    LINK TO LIBRARIES INC
    35 BLUEGRASS DR
    E LONGMEADOW,MA01028
    N/A PC PROGRAM SUPPORT 12,500
    LOWELLS MARITIME FOUNDATION
    459 MAIN ST
    AMESBURY,MA01913
    N/A PC PROGRAM SUPPORT 10,000
    MAGNOLIA ELEMENTARY PTA
    1905 MAGNOLIA AVE
    CARLSBAD,CA92008
    N/A PC PROGRAM SUPPORT 5,000
    MARY HITCHCOCK MEMORIAL HOSPITAL
    1 MEDICAL CENTER DRIVE
    LEBANON,NH03756
    N/A PC PROGRAM SUPPORT 5,000
    MASS MENTORING PARTNERSHIP INC
    75 KNEELAND STREET 11TH FLOOR
    BOSTON,MA02111
    N/A PC PROGRAM SUPPORT 12,500
    MASSACHUSETTS 4-H FOUNDATION INC
    1671 WORCESTER ROAD SUITE 403
    FRAMINGHAM,MA01701
    N/A PC PROGRAM SUPPORT 10,000
    MASSACHUSETTS FOUNDATION FOR THE HUMANITIES
    66 BRIDGE STREET
    NORTHAMPTON,MA01060
    N/A PC PROGRAM SUPPORT 12,500
    MAY INSTITUTE INC
    41 PACELLA PARK DR
    RANDOLPH,MA02368
    N/A PC PROGRAM SUPPORT 15,000
    MITS INC
    1354 HANCOCK ST SUITE 302
    QUINCY,MA02169
    N/A PC PROGRAM SUPPORT 8,800
    MOUNT WASHINGTON VALLEY CHORAL SOCIETY
    PO BOX 5002 PMB 207
    NORTH CONWAY,NH03860
    N/A PC PROGRAM SUPPORT 5,000
    NEW ENGLAND PUBLIC RADIO FOUNDATION INC
    1525 MAIN STREET
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 30,000
    NEWBURYPORT PARKS CONSERVANCY
    PO BOX 1211
    NEWBURYPORT,MA01950
    N/A POF PROGRAM SUPPORT 2,000
    NUTSHELL PLAYHOUSE INC
    76 BRUNELL AVE
    LENOX,MA01240
    N/A PC PROGRAM SUPPORT 500
    OPEN PANTRY COMMUNITY SERVICE INC
    287 STATE ST PO BOX 5127
    SPRINGFIELD,MA01101
    N/A PC PROGRAM SUPPORT 25,000
    PARTNERS FOR A HEALTHIER COMMUNITY INC
    PO BOX 4895
    SPRINGFIELD,MA01101
    N/A PC PROGRAM SUPPORT 25,000
    PENINSULA ASSOCIATION FOR RETARDED CHILDREN & ADULTS
    1216 KENILWORTH
    HILLSBOROUGH,CA94010
    N/A PC PROGRAM SUPPORT 5,000
    PIONEER VALLEY MILITARY & TRANSPORTATION MUSEUM
    PO BOX 1332
    WESTFIELD,MA01086
    N/A PC PROGRAM SUPPORT 5,000
    PIONEER VALLEY REGIONAL VENTURES CENTER INC
    60 CONGRESS STREET FLOOR 1
    SPRINGFIELD,MA01104
    N/A PC PROGRAM SUPPORT 5,000
    PIONEER VALLEY RIVERFRONT CLUB INC
    PO BOX 3123
    SPRINGFIELD,MA01101
    N/A PC PROGRAM SUPPORT 30,000
    PIONEER VALLEY SYMPHONY INC
    91 MAIN ST
    GREENFIELD,MA01301
    N/A PC PROGRAM SUPPORT 3,000
    PRESS PASS TV INC
    7 SOLAR CIRCLE
    HAYDENVILLE,MA01039
    N/A PC PROGRAM SUPPORT 8,000
    PROVIDENCE BEHAVIORAL HEALTH HOSPITAL
    MERCY MEDICAL CENTER271 CAREW ST
    SPRINGFIELD,MA01102
    N/A PC PROGRAM SUPPORT 25,000
    PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUDENTS INC
    C/O VALLEY MIDDLE SCHOOL1645
    MAGNOLIA AVE
    CARLSBAD,CA92008
    N/A PC PROGRAM SUPPORT 5,000
    READER TO READER INC
    38 WOODSIDE AVE
    AMHERST,MA01002
    N/A PC PROGRAM SUPPORT 22,500
    REGIONAL EMPLOYMENT BOARD OF HAMPDEN COUNTY INC
    1441 MAIN ST
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 35,000
    REVITALIZE COMMUNITY DEVELOPMENT CORPORATION
    1145 MAIN STREET
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 12,500
    RIVER VALLEY COUNSELING CENTER INC
    319 BEECH ST
    HOLYOKE,MA01040
    N/A PC PROGRAM SUPPORT 5,000
    ROBERT F KENNEDY CHILDRENS ACTION CORPS
    11 BEACON ST SUITE 820
    BOSTON,MA02108
    N/A PC PROGRAM SUPPORT 15,000
    RONALD MCDONALD HOUSE OF SPRINGFIELD MASS INC
    34 CHAPIN TER
    SPRINGFIELD,MA01107
    N/A PC PROGRAM SUPPORT 15,000
    SANDWICH COMMUNITY SCHOOL INC
    1164 BUNKER HILL ROAD
    SOUTH TAMWORTH,NH03883
    N/A PC PROGRAM SUPPORT 5,000
    SEVENARS CONCERTS INC
    80 EAST END AVENUE 3G
    NEW YORK,NY10028
    N/A PC PROGRAM SUPPORT 5,000
    SHAKA FRANKLIN FOUNDATION FOR YOUTH
    8101 E DARTMOUTH AVE 11
    DENVER,CO80231
    N/A PC PROGRAM SUPPORT 5,000
    SOUTH END COMMUNITY CENTER INC
    PO BOX 30192
    SPRINGFIELD,MA80231
    N/A PC PROGRAM SUPPORT 40,000
    SPECIAL OLYMPICS MASSACHUSETTS INC
    512 FOREST ST
    MARLBORO,MA01752
    N/A PC PROGRAM SUPPORT 20,000
    SPRINGFIELD BOYS CLUB
    481 CAREW ST
    SPRINGFIELD,MA01104
    N/A PC PROGRAM SUPPORT 1,000
    SPRINGFIELD MUSEUMS CORPORATION
    21 EDWARDS STREET
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 40,000
    SPRINGFIELD PUBLIC FORUM INC
    PO BOX 5374
    SPRINGFIELD,MA01101
    N/A PC PROGRAM SUPPORT 7,500
    SPRINGFIELD SYMPHONY ORCHESTRA
    1441 MAIN STSUITE 120
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 5,000
    ST MATTHEWS CATHOLIC SCHOOL
    910 S EL CAMINO REAL
    SAN MATEO,CA94402
    N/A PC PROGRAM SUPPORT 5,000
    STAND FOR CHILDREN LEADERSHIP CENTER
    38 CHAUNCY ST SUITE 700
    BOSTON,MA02110
    N/A PC PROGRAM SUPPORT 12,000
    STANLEY PARK OF WESTFIELD INC
    400 WESTERN AVE
    WESTFIELD,MA01085
    N/A POF PROGRAM SUPPORT 712,065
    TAPESTRY HEALTH SYSTEMS INC
    PO BOX 96291200 N PLEASANT ST
    NORTH AMHERST,MA01059
    N/A PC PROGRAM SUPPORT 5,000
    TECH FOUNDRY INC
    1391 MAIN STREET 9TH FLOOR
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 30,000
    THE BUSCH WILDLIFE SANCTUARY INC
    2500 JUPITER PARK DR
    JUPITER,FL33458
    N/A PC PROGRAM SUPPORT 5,000
    THE NORTHAMPTON ACADEMY OF MUSIC INC
    274 MAIN ST
    NORTHAMPTON,MA01060
    N/A PC PROGRAM SUPPORT 2,500
    THE SCHOOLHOUSE LEARNING CENTER INC
    8 CATKIN DRIVE
    SOUTH BURLINGTON,VT05403
    N/A PC PROGRAM SUPPORT 10,000
    THIRD SECTOR NEW ENGLAND INC
    89 SOUTH ST STE 700
    BOSTON,MA02111
    N/A PC PROGRAM SUPPORT 25,000
    TREEHOUSE FOUNDATION INC
    1 TREEHOUSE CIRCLE
    EASTHAMPTON,MA01027
    N/A PC PROGRAM SUPPORT 5,000
    TRUSTEES OF WESTMINSTER SCHOOL INC
    995 HOPMEADOW STREET
    SIMSBURY,CT06070
    N/A PC PROGRAM SUPPORT 5,000
    U S S MASSACHUSETTS MEMORIAL COMMITTEE INC
    5 BATTLESHIP COVE
    FALL RIVER,MA02721
    N/A PC PROGRAM SUPPORT 5,000
    VALLEY EYE RADIO
    44 HAMPDEN STREET
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 5,000
    VOLUNTEERS IN PUBLIC SCHOOL OF WESTFIELD INC
    59 COURT STREET
    WESTFIELD,MA01085
    N/A PC PROGRAM SUPPORT 5,000
    WELLSPRING COOPERATIVE CORPORATION
    143 MAIN STREET
    SPRINGFIELD,MA01105
    N/A PC PROGRAM SUPPORT 25,000
    WESTERN NEW ENGLAND UNIVERSITY
    1215 WILBRAHAM RD
    SPRINGFIELD,MA01119
    N/A PC PROGRAM SUPPORT 25,000
    WESTFIELD ATHENAEUM
    6 ELM ST
    WESTFIELD,MA01085
    N/A PC PROGRAM SUPPORT 40,000
    WESTFIELD ON WEEKENDS INC
    59 COURT STREET
    WESTFIELD,MA01085
    N/A PC PROGRAM SUPPORT 5,000
    WGBH EDUCATIONAL FOUNDATION FBO WGBYTV CHANNEL 57
    44 HAMPDEN ST
    SPRINGFIELD,MA01103
    N/A PC PROGRAM SUPPORT 12,000
    WOMENS FUND OF WESTERN MASSACHUSETTS
    116 PLEASANT STE 3314
    EASTHAMPTON,MA01027
    N/A PC PROGRAM SUPPORT 25,000
    YMCA OF GREATER SPRINGFIELD
    275 CHESTNUT ST
    SPRINGFIELD,MA01104
    N/A PC PROGRAM SUPPORT 25,000
    Total .................................bullet 3a 2,094,599
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2016)
    Page 12
    Form 990-PF (2016)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........
        14 8  
    4 Dividends and interest from securities....     14 1,422,668  
    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 ............
        18 898,141  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,320,817 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,320,817
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2016)
    Page 13
    Form 990-PF (2016)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (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) of the Code (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 2017-05-04 Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's nameALFONSO PERILLO Preparer's Signature   Date2017-05-04 PTIN P00950491
    Firm's name SmallBulletEDELSTEIN AND COMPANY LLP
     
    Firm's EIN SmallBullet04-2442519  
    Firm's address SmallBullet160 FEDERAL STREET 9TH FLOOR
     
    BOSTON, MA02110
    Phone no. (617) 227-6161
    Form 990-PF (2016)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description