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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 12-01-2015 , and ending 11-30-2016
Name of foundation
FRANK AND BRINNA SANDS FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)C/O CONRAD REINING 319 CADWELL ROAD
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
E THETFORD, VT05043
A Employer identification number

04-3342111
B Telephone number (see instructions)

(802) 291-5896
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$2,056,558
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
4 Dividends and interest from securities... 20,231 20,231
5a Gross rents............
b Net rental income or (loss)
6a Net gain or (loss) from sale of assets not on line 10 15,463
b Gross sales price for all assets on line 6a 36,839
7 Capital gain net income (from Part IV, line 2)... 15,463
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........ 35,694 35,694 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,000 0 0 10,000
14 Other employee salaries and wages......
15 Pension plans, employee benefits.......
16a Legal fees (attach schedule).........
b Accounting fees (attach schedule)....... 3,100 1,550 0 1,550
c Other professional fees (attach schedule)....
17 Interest...............
18 Taxes (attach schedule) (see instructions)... 1,778 0 0 1,055
19 Depreciation (attach schedule) and depletion...
20 Occupancy..............
21 Travel, conferences, and meetings....... 58 0 0 58
22 Printing and publications..........
23 Other expenses (attach schedule)....... 435 0 0 435
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 15,371 1,550 0 13,098
25 Contributions, gifts, grants paid....... 249,200 249,200
26 Total expenses and disbursements. Add lines 24 and 25 264,571 1,550 0 262,298
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -228,877
b Net investment income (if negative, enter -0-) 34,144
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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 Cashnon-interest-bearing.............
2 Savings and temporary cash investments......... 118,467 78,889 78,889
3 Accounts receivable bullet
Less: allowance for doubtful accounts bullet
4 Pledges receivable bullet
Less: allowance for doubtful accounts bullet
5 Grants receivable.................
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....
7 Other notes and loans receivable (attach schedule) bullet
Less: allowance for doubtful accounts bullet
8 Inventories for sale or use..............
9 Prepaid expenses and deferred charges..........
10a InvestmentsU.S. and state government obligations (attach schedule)
b Investmentscorporate stock (attach schedule).......
c Investmentscorporate bonds (attach schedule).......
11 Investmentsland, buildings, and equipment: basis bullet
Less: accumulated depreciation (attach schedule) bullet
12 Investmentsmortgage loans.............
13 Investmentsother (attach schedule).......... 1,231,803 Click to see attachment1,095,716 1,974,757
14 Land, buildings, and equipment: basis bullet2,912
Less: accumulated depreciation (attach schedule) bullet 2,912 2,912 2,912
15 Other assets (describe bullet)
16 Total assets (to be completed by all filerssee the
instructions. Also, see page 1, item I) 1,353,182 1,177,517 2,056,558
Liabilities 17 Accounts payable and accrued expenses..........
18 Grants payable..................
19 Deferred revenue.................
20 Loans from officers, directors, trustees, and other disqualified persons
21 Mortgages and other notes payable (attach schedule)......
22 Other liabilities (describe bullet)
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................
25 Temporarily restricted...............
26 Permanently restricted...............
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 1,353,182 1,177,517
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 1,353,182 1,177,517
31 Total liabilities and net assets/fund balances (see instructions). 1,353,182 1,177,517
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of yearPart II, column (a), line 30 (must agree with end-of-year figure reported on prior years return) ...............
1
1,353,182
2
Enter amount from Part I, line 27a .....................
2
-228,877
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
53,221
4
Add lines 1, 2, and 3 ..........................
4
1,177,526
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
9
6
Total net assets or fund balances at end of year (line 4 minus line 5)Part II, column (b), line 30 .
6
1,177,517
Form 990-PF (2015)
Form 990-PF (2015)
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
PPurchase
DDonation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a 13.839 SHS CAPITAL WORLD GROWTH & INCOME FD P 2015-09-17 2016-07-20
b 59.936 SHS CAPITAL WORLD GROWTH & INCOME FD P 2015-12-23 2016-07-20
c 24.481 SHS CAPITAL WORLD GROWTH & INCOME FD P 2015-12-23 2016-07-20
d 17.512 SHS CAPITAL WORLD GROWTH & INCOME FD P 2016-03-17 2016-07-20
e 30.725 SHS CAPITAL WORLD GROWTH & INCOME FD P 2016-06-16 2016-07-20
14.821 SHS CAPITAL WORLD GROWTH & INCOME FD P 2012-09-24 2016-07-20
24.895 SHS CAPITAL WORLD GROWTH & INCOME FD P 2012-12-17 2016-07-20
14.796 SHS CAPITAL WORLD GROWTH & INCOME FD P 2013-03-18 2016-07-20
36.089 SHS CAPITAL WORLD GROWTH & INCOME FD P 2013-06-17 2016-07-20
13.794 SHS CAPITAL WORLD GROWTH & INCOME FD P 2013-09-23 2016-07-20
20.071 SHS CAPITAL WORLD GROWTH & INCOME FD P 2013-12-16 2016-07-20
13.296 SHS CAPITAL WORLD GROWTH & INCOME FD P 2014-03-17 2016-07-20
31.307 SHS CAPITAL WORLD GROWTH & INCOME FD P 2014-06-16 2016-07-20
12.752 SHS CAPITAL WORLD GROWTH & INCOME FD P 2014-09-22 2016-07-20
22.697 SHS CAPITAL WORLD GROWTH & INCOME FD P 2014-12-15 2016-07-20
13.151 SHS CAPITAL WORLD GROWTH & INCOME FD P 2015-03-16 2016-07-20
31.801 SHS CAPITAL WORLD GROWTH & INCOME FD P 2015-06-18 2016-07-20
159.593 SHS CAPITAL WORLD GROWTH & INCOME FD P 2000-01-01 2016-07-20
CAPITAL GAINS DIVIDENDS P
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 623 619 4
b 2,696 2,594 102
c 1,101 1,060 41
d 788 748 40
e 1,382 1,314 68
667 542 125
1,120 919 201
666 583 83
1,623 1,447 176
620 592 28
903 874 29
598 597 1
1,408 1,482 -74
574 605 -31
1,021 1,036 -15
592 611 -19
1,431 1,515 -84
7,180 4,238 2,942
11,846 11,846
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 4
b 102
c 41
d 40
e 68
125
201
83
176
28
29
1
-74
-31
-15
-19
-84
2,942
11,846
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 15,463
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))
2014 84,331 1,553,336 0.054290
2013 200,972 1,608,792 0.124921
2012 112,144 2,004,193 0.055955
2011 113,010 1,911,057 0.059135
2010 73,907 1,939,270 0.038111
2
Total of line 1, column (d) .....................
20.332412
3
Average distribution ratio for the 5-year base perioddivide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.066482
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,988,766
5
Multiply line 4 by line 3......................
5
132,217
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
341
7
Add lines 5 and 6........................
7
132,558
8
Enter qualifying distributions from Part XII, line 4.............
8
262,298
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 (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948see page 18 of the instructions)
1a Bullet and enter N/A" on line 1. Bracket
Date of ruling or determination letter: (attach copy of letter if necessarysee instructions)
b 1 341
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........................... 3 341
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- ..... 5 341
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a
b Exempt foreign organizationstax 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 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 341
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 2015 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
Yes
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
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
    No
    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)
    bulletVT
    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 2015 or the taxable year beginning in 2015 (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 (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
    Website addressbulletN/A
    14
    The books are in care ofbulletCONRAD REINING Telephone no.bullet (802) 785-2838

    Located atbullet319 CADWELL ROADE THETFORDVT ZIP+4bullet05043
    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
    150
    16 At any time during calendar year 2015, 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
    ........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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 years undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statementsee 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 2015 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 2015.)..................
    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 2015?
    4b
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    No
    .........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 53.49455(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 (2015)
    Form 990-PF (2015)
    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
    BRINNA B SANDS PRESIDENT & DIRECTOR
    1.00
    0 0 0
    288 HOGBACK ROAD
    NORWICH,VT05055
    FRANK E SANDS II V PRESIDENT/SECRETARY/DIRECTOR
    1.00
    0 0 0
    288 HOGBACK ROAD
    NORWICH,VT05055
    JENNIFER B KITCHEL DIRECTOR
    1.00
    0 0 0
    PO BOX 455
    NORWICH,VT05055
    CONRAD REINING MANAGER
    3.00
    10,290 0 0
    PO BOX 455
    NORWICH,VT05055
    2 Compensation of five highest-paid employees (other than those included on line 1see 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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundations four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
    2
    3
    4
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1
    2
    All other program-related investments. See instructions.
    3
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    1,934,565
    b
    Average of monthly cash balances.......................
    1b
    83,487
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,019,052
    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
    2,019,052
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    30,286
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,988,766
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    99,438
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    99,438
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    341
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
    c
    Add lines 2a and 2b............................
    2c
    341
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    99,097
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    99,097
    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
    99,097
    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
    262,298
    b
    Program-related investmentstotal from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    b
    Cash distribution test (attach the required schedule) .................
    3b
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    262,298
    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
    341
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    261,957
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2014
    (c)
    2014
    (d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 99,097
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......
    b From 2011...... 18,014
    c From 2012...... 74,674
    d From 2013...... 121,778
    e From 2014...... 7,547
    fTotal of lines 3a through e........ 222,013
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 262,298
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election requiredsee instructions).....
    0
    c Treated as distributions out of corpus (Election
    requiredsee instructions)........
    0
    d Applied to 2015 distributable amount..... 99,097
    e Remaining amount distributed out of corpus 163,201
    5 Excess distributions carryover applied to 2015. 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 5 385,214
    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 2014. Subtract line
    4a from line 2a. Taxable amountsee
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    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
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    385,214
    10 Analysis of line 9:
    a Excess from 2011.... 18,014
    b Excess from 2012.... 74,674
    c Excess from 2013.... 121,778
    d Excess from 2014.... 7,547
    e Excess from 2015.... 163,201
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
    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 testenter:
    (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 testenter:
    (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 yearsee 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).)
    BRINNA B SANDS
    FRANK E SANDS II
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    AFS-USA
    120 WALL STREET 4TH FLOOR
    NEW YORK,NY10005
    UNRESTRICTED GRANT 250
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION
    125 BROAD STREET 8TH FLOOR
    NEW YORK,NY10004
    UNRESTRICTED ANNUAL SUPPORT 5,000
    AMERICAN PRECISION MUSEUM
    196 MAIN STREET
    WINDSOR,VT05089
    UNRESTRICTED SUPPORT 500
    ATLANTIC SALMON FEDERATION
    PO BOX 807
    CALAIS,ME04169
    UNRESTRICTED SUPPORT 150
    AUDUBON VERMONT
    255 SHERMAN HOLLOW ROAD
    HUNTINGTON,VT05462
    SUPPORT FOR THE CONTINUATION OF THE BIRD-FRIENDLY MAPLE PILOT PROJECT 3,000
    BREMEN VOLUNTEER FIRE DEPARTMENTBREMEN FIRST RESPONDERS
    PO BOX 165
    BREMEN,ME04551
    UNRESTRICTED GRANT 250
    CENTRAL VERMONT ADULT BASIC EDUCATION INC
    46 WASHINGTON STREET SUITE 100
    BARRE,VT05641
    UNRESTRICTED GRANT 250
    CENTRAL VERMONT ADULT BASIC EDUCATION INC
    46 WASHINGTON STREET SUITE 100
    BARRE,VT05641
    UNRESTRICTED SUPPORT 250
    CONSERVATION LAW FOUNDATION VERMONT
    15 EAST STATE STREET SUITE 4
    MONTPELIER,VT05602
    UNRESTRICTED SUPPORT 300
    CORNELL LAB OF ORNITHOLOGY
    159 SAPSUCKER WOODS ROAD
    ITHACA,NY14850
    UNRESTRICTED SUPPORT 250
    COVER HOME REPAIR INC
    158 SOUTH MAIN STREET
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 1,250
    COVER HOME REPAIR INC
    158 SOUTH MAIN STREET
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 1,250
    DARTMOUTH COLLEGE FUND
    GIFT RECORDING OFFICE 6066
    DEVELOPMENT OFFICE
    HANOVER,NH037553555
    GIFT AS A CONTRIBUTION TO THE CLASS OF 1958 SCHOLARSHIP FUND 5,800
    DAVID'S HOUSE
    461 MT SUPPORT ROAD PO BOX 660
    LEBANON,NH03766
    UNRESTRICTED SUPPORT 150
    DOCTORS WITHOUT BORDERSMEDECINS SANS FRONTIERES (MSF)
    333 7TH AVENUE 2ND FLOOR
    NEW YORK,NY10001
    UNRESTRICTED SUPPORT 1,000
    DRESS FOR SUCCESS
    95 SAINT PAUL STREET SUITE 340
    BURLINGTON,VT05401
    UNRESTRICED SUPPORT 250
    DRESS FOR SUCCESS
    95 SAINT PAUL STREET SUITE 340
    BURLINGTON,VT05401
    UNRESTRICTED SUPPORT 250
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVENUE SOUTH
    NEW YORK,NY10010
    UNRESTRICTED SUPPORT 100
    FAIRBANKS MUSEUM & PLANETARIUM
    1302 MAIN STREET
    ST JOHNSBURY,VT05819
    UNRESTRICTED SUPPORT 250
    FAMILY PLACE
    319 US RTE 5 SOUTH
    NORWICH,VT05055
    UNRESTRICTED SUPPORT 250
    FAMILY PLACE
    319 US RTE 5 SOUTH
    NORWICH,VT05055
    UNRESTRICTED SUPPORT 250
    GOOD NEIGHBOR HEALTH CLINIC
    70 NORTH MAIN STREET
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 1,000
    HARTFORD DISMAS HOUSE
    1673 MAPLE STREET PO BOX 174
    HARTFORD,VT05047
    UNRESTRICTED SUPPORT 250
    HARTFORD DISMAS HOUSE
    1673 MAPLE STREET PO BOX 174
    HARTFORD,VT05047
    UNRESTRICTED SUPPORT 1,000
    HARVARD BUSINESS SCHOOL
    DEVELOPMENT OPERATIONS TEELE HALL
    SOLDIERS FIELD
    BOSTON,MA02163
    UNRESTRICTED ANNUAL SUPPORT 150
    HUBBARD BROOK RESEARCH FOUNDATION
    PO BOX 282
    N WOODSTOCK,NH03262
    UNRESTRICTED SUPPORT 1,500
    ISLAND INSTITUTE
    386 MAIN STREET PO BOX 648
    ROCKLAND,ME04841
    UNRESTRICTED SUPPORT 350
    LANDMARK COLLEGE
    PO BOX 820 RIVER ROAD SOUTH
    PUTNEY,VT05346
    A CONTRIBUTION TO THE ANNUAL FUND 250
    LEAGUE OF NEW HAMPSHIRE ARTS AND CRAFTS HANOVER BRANCH
    13 LEBANON STREET
    HANOVER,NH03755
    UNRESTRICTED SUPPORT 1,000
    LEBANON OPERA HOUSE
    PO BOX 384
    LEBANON,NH03766
    UNRESTRICTED SUPPORT 150
    LEBANON OPERA HOUSE
    PO BOX 384
    LEBANON,NH03766
    UNRESTRICTED SUPPORT 200
    LISTEN COMMUNITY SERVICES
    60 HANOVER STREET
    LEBANON,NH03766
    UNRESTRICTED ANNUAL SUPPORT 300
    LOBSTER INSTITUTE
    5722 DEERING HALL 114 THE UNIVERSIT
    OF MAINE
    ORONO,ME04469
    UNRESTRICTED SUPPORT 100
    LOBSTER INSTITUTE
    5722 DEERING HALL 114 THE UNIVERSIT
    OF MAINE
    ORONO,ME04469
    UNRESTRICTED SUPPORT 100
    MEDOMAK VALLEY LAND TRUST
    PO BOX 180
    WALDOBORO,ME04572
    UNRESTRICTED SUPPORT 500
    MEDOMAK VALLEY LAND TRUST
    PO BOX 180
    WALDOBORO,ME04572
    UNRESTRICTED SUPPORT 500
    MIDDLEBURY COLLEGE
    OFFICE OF ANNUAL GIVING 700
    EXCHANGE STREET
    MIDDLEBURY,VT05753
    GIFT AS A CONTRIBUTION TO THE ANNUAL FUND 3,500
    MONTSHIRE MUSEUM OF SCIENCE
    ONE MONTSHIRE ROAD
    NORWICH,VT05055
    UNRESTRICTED SUPPORT 1,500
    MOUNTAIN LAKE PBS
    ONE SESAME STREET
    PLATTSBURG,NY12901
    UNRESTRICTED ANNUAL SUPPORT 2,000
    MOUNTAIN LAKE PBS
    ONE SESAME STREET
    PLATTSBURG,NY12901
    UNRESTRICTED ANNUAL SUPPORT 2,500
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN STREET
    LANDER,WY82520
    UNRESTRICTED SUPPORT 250
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN STREET
    LANDER,WY82520
    UNRESTRICTED SUPPORT 250
    NATURAL RESOURCES DEFENSE COUNCIL
    40 WEST 20TH STREET
    NEW YORK,NY10011
    SUPPORT FOR CAMPAIGN AGAINST NEONICITOIDS 250
    NEW HAMPSHIRE PUBLIC RADIO
    2 PILLSBURY STREET 6TH FLOOR
    CONCORD,NH03301
    UNRESTRICTED SUPPPORT 3,500
    NEW HAMPSHIRE PUBLIC RADIO
    2 PILLSBURY STREET 6TH FLOOR
    CONCORD,NH03301
    UNRESTRICTED SUPPORT 3,500
    NORTHEAST KINGDOM ASTRONOMY FOUNDATION INC
    2888 EAST PEACHAM ROAD
    BARNET,VT05821
    UNRESTRICTED SUPPORT 500
    NORTHERN FOREST CENTER
    PO BOX 210
    CONCORD,NH03302
    SUPPORT FOR THE CENTER'S PROPOSAL TO EXPAND MODERN WOOD HEAT USE IN THE UPPER VALLEY 4,000
    NORTHERN FOREST CENTER
    PO BOX 210
    CONCORD,NH03302
    SUPPORT FOR THE CENTER'S PROPOSAL TO EXPAND MODERN WOOD HEAT USE IN THE UPPER VALLEY 7,500
    NORTHERN STAGE
    BARRETTE CENTER FOR THE ARTS PO BOX
    4287
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 500
    NORTHERN STAGE
    BARRETTE CENTER FOR THE ARTS PO BOX
    4287
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 500
    NORTHERN WOODLANDS
    1776 CENTER ROAD PO BOX 471
    CORINTH,VT05039
    UNRESTRICTED SUPPORT 350
    NORTHERN WOODLANDS
    1776 CENTER ROAD PO BOX 471
    CORINTH,VT05039
    UNRESTRICTED SUPPORT 350
    NORWICH HISTORICAL SOCIETY
    PO BOX 1680
    NORWICH,VT05055
    UNRESTRICTED SUPPORT 100
    NORWICH HISTORICAL SOCIETY
    PO BOX 1680
    NORWICH,VT05055
    UNRESTRICTED SUPPORT 125
    NORWICH PUBLIC LIBRARY
    PO BOX 290
    NORWICH,VT05055
    ANNUAL SUPPPORT 250
    NORWICH PUBLIC LIBRARY
    PO BOX 290
    NORWICH,VT05055
    ANNUAL SUPPORT 125
    OXFAM
    226 CAUSEWAY STREET
    BOSTON,MA02114
    UNRESTRICTED SUPPORT 1,000
    PARISH PLAYERS
    PO BOX 136
    THETFORD,VT05074
    UNRESTRICTED SUPPORT 100
    PARTNERS IN HEALTH
    888 COMMONWEALTH AVENUE 3RD FLOOR
    BOSTON,MA02215
    UNRESTRICTED SUPPORT 1,000
    PARTNERS IN HEALTH
    888 COMMONWEALTH AVENUE 3RD FLOOR
    BOSTON,MA02215
    UNRESTRICTED SUPPORT 5,000
    PLANNED PARENTHOOD OF NORTHERN NEW ENGLAND
    784 HERCULES DRIVE SUITE 110
    COLCHESTER,VT05446
    UNRESTRICTED SUPPORT 1,000
    PLANNED PARENTHOOD OF NORTHERN NEW ENGLAND
    784 HERCULES DRIVE SUITE 110
    COLCHESTER,VT05446
    UNRESTRICTED SUPPPORT 1,500
    PROJECT BREAD
    145 BORDER STREET
    EAST BOSTON,MA02128
    UNRESTRICTED SUPPORT 100
    PROJECT PUFFIN AND THE SEABIRD RESTORATION PROGRAM
    159 SAPSUCKER WOODS ROAD
    ITHACA,NY14850
    UNRESTRICTED SUPPORT 500
    PUBLIC ASSETS INSTITUTE
    PO BOX 942
    MONTPELIER,VT05601
    UNRESTRICTED SUPPORT 250
    PUBLIC ASSETS INSTITUTE
    PO BOX 942
    MONTPELIER,VT05601
    UNRESTRICTED SUPPORT 250
    ROOT DISTRICT GAME CLUB
    PO BOX 42
    NORWICH,VT05055
    SUPPORT FOR THE ROOT SCHOOLHOUSE PROJECT 500
    SAFELINE
    PO BOX 368
    CHELSEA,VT05038
    UNRESTRICTED SUPPORT 250
    SANIBEL SEA SCHOOL
    PO BOX 1229 414 LAGOON DRIVE
    SANIBEL,FL33957
    ANNUAL SUPPORT 5,000
    SANIBEL SEA SCHOOL
    PO BOX 1229 414 LAGOON DRIVE
    SANIBEL,FL33957
    ANNUAL SUPPORT 500
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL36104
    UNRESTRICTED SUPPORT 5,000
    STERLING COLLEGE
    16 STERLING DRIVE
    CRAFTSBURY COMMON,VT05827
    UNRESTRICTED ANNUAL SUPPORT 250
    THE NATURE CONSERVANCY NEW HAMPSHIRE CHAPTER
    22 BRIDGE STREET 4TH FLOOR
    CONCORD,NH03301
    SUPPORT FOR FLOOD PLAIN RESTORATION WITH ELM TREES 1,500
    THETFORD ACADEMY
    PO BOX 190
    THETFORD,VT05074
    INSTALLMENT OF A FIVE-YEAR, $100,000 PLEDGE FOR THE ENVIRONMENTAL SCIENCE AND OUTDOOR 25,000
    TWIN PINES HOUSING TRUST
    240 SOUTH MAIN STREET SUITE 4
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 250
    UNION OF CONCERNED SCIENTISTS
    TWO BRATTLE SQUARE
    CAMBRIDGE,MA022389105
    UNRESTRICTED SUPPORT 1,000
    UNION OF CONCERNED SCIENTISTS
    TWO BRATTLE SQUARE
    CAMBRIDGE,MA022389105
    UNRESTRICTED SUPPORT 1,000
    UNITARIAN UNIVERSALIST CONGREGATION OF THE UPPER VALLEY
    320 US-5
    NORWICH,VT05055
    SUPPORT FOR CAPITAL CAMPAIGN 100
    UNIVERSITY OF VERMONT EXTENSION
    23 MANSFIELD AVENUE
    BURLINGTON,VT05401
    GIFT TO THE UNIVERSITY OF VERMONT FOUNDATION IN SUPPORT OF THE CENTER FOR SUSTAINABLE AGRICULTURE'S GRASS 5,000
    UNIVERSITY OF VERMONT EXTENSION
    23 MANSFIELD AVENUE
    BURLINGTON,VT05401
    GIFT TO THE UNIVERSITY OF VERMONT FOUNDATION IN SUPPORT OF THE CENTER FOR SUSTAINABLE AGRICULTURE'S PASTURE 5,000
    UPPER VALLEY HABITAT FOR HUMANITY
    PO BOX 1038
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 500
    UPPER VALLEY HAIBTAT FOR HUMANITY
    PO BOX 1038
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPPORT 750
    UPPER VALLEY HAVEN
    713 HARTFORD AVENUE
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 10,000
    UPPER VALLEY HAVEN
    713 HARTFORD AVENUE
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPPORT 10,000
    UPPER VALLEY HUMANE SOCIETY
    OLD ROUTE 10
    ENFIELD,NH03766
    UNRESTRICTED GIFT 1,000
    UPPER VALLEY LAND TRUST
    19 BUCK ROAD
    HANOVER,NH03755
    UNRESTRICTED ANNUAL GIFT 5,000
    UPPER VALLEY MUSIC CENTER
    PO BOX 826
    LEBANON,NH03766
    UNRESTRICTED SUPPORT 250
    UPPER VALLEY TRAILS ALLIANCE
    PO BOX 1215
    NORWICH,VT05055
    UNRESTRICTED SUPPORT 8,500
    VERMONT FOLKLIFE CENTER
    88 MAIN STREET
    MIDDLEBURY,VT05753
    UNRESTRICTED SUPPORT 150
    VERMONT FOODBANK
    33 PARKER ROAD
    BARRE,VT05641
    UNRESTRICTED SUPPORT 1,500
    VERMONT FOODBANK
    33 PARKER ROAD
    BARRE,VT05641
    UNRESTRICTED SUPPORT 4,000
    VERMONT HUMANITIES COUNCIL
    11 LOOMIS STREET
    MONTPELIER,VT05602
    UNRESTRICTED SUPPORT 100
    VERMONT INSTITUTE OF NATURAL SCIENCE
    6565 WOODSTOCK RD PO BOX 1281
    QUECHEE,VT05059
    UNRESTRICTED SUPPORT 7,500
    VERMONT INSTITUTE OF NATURAL SCIENCE
    6565 WOODSTOCK RD PO BOX 1281
    QUECHEE,VT05059
    UNRESTRICTED SUPPORT 5,000
    VERMONT LAND TRUST
    8 BAILEY AVENUE
    MONTPELIER,VT05602
    UNRESTRICTECD ANNUAL GIFT 3,500
    VERMONT NATURAL RESOURCES COUNCIL
    9 BAILEY AVENUE
    MONTPELIER,VT05602
    SUPPORT TO CONTINUE COLLABORATION WITH FOREST, PARKS AND RECREATION 7,500
    VERMONT NATURAL RESOURCES COUNCIL
    9 BAILEY AVENUE
    MONTPELIER,VT05602
    SUPPORT 7,500
    VERMONT PBS
    204 ETHAN ALLEN AVENUE
    COLCHESTER,VT05446
    UNRESTRICTED SUPPORT 5,000
    VERMONT PBS
    204 ETHAN ALLEN AVENUE
    COLCHESTER,VT05446
    UNRESTRICTED SUPPORT 7,500
    VERMONT PUBLIC RADIO
    365 TROY AVENUE
    COLCHESTER,VT05446
    PAYMENT OF A FIVE-YEAR, $75,000 PLEDGE IN SUPPORT OF VPR NEXT CAMPAIGN 22,500
    VERMONT WOODLANDS ASSOCIATION
    PO BOX 6004
    RUTLAND,VT05702
    ANNUAL UNRESTRICTED GIFT 250
    VETERANS' PLACE INC
    220 VINE STREET
    NORTHFIELD,VT05663
    UNRESTRICTED SUPPORT 500
    VILLAGE HEALTH WORKS
    45 WEST 36TH STREET 8TH FLOOR
    NEW YORK,NY10018
    UNRESTRICTED SUPPORT 10,000
    VISITING NURSE AND HOSPICE OF VERMONT AND NEW HAMPSHIRE
    PO BOX 976
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED SUPPORT 1,000
    VISITING NURSE AND HOSPICE OF VERMONT AND NEW HAMPSHIRE
    PO BOX 976
    WHITE RIVER JUNCTION,VT05001
    SPECIAL GRANT 5,000
    VISITING NURSE AND HOSPICE OF VERMONT AND NEW HAMPSHIRE
    PO BOX 976
    WHITE RIVER JUNCTION,VT05001
    UNRESTRICTED ANNUAL SUPPORT 1,000
    VITAL COMMUNITIES OF THE UPPER VALLEY
    195 NORTH MAIN STREET
    WHITE RIVER JUNCTION,VT05001
    SUPPORT FOR THE TRANSITION OF SERG INTO VITAL COMMUNITIES' ENERGY PROGRAM 250
    VITAL COMMUNITIES OF THE UPPER VALLEY
    195 NORTH MAIN STREET
    WHITE RIVER JUNCTION,VT05001
    SUPPORT FOR ENERGY PROGRAMS 500
    WILLING HANDS
    PO BOX 172
    LEBANON,NH03766
    UNRESTRICTED SUPPORT 1,000
    ZEN HOSPICE PROJECT
    273 PAGE STREET
    SAN FRANCISCO,CA94102
    UNRESTRICTED SUPPORT 1,000
    Total .................................bullet 3a 249,200
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies
    2 Membership dues and assessments....
    3
    Interest on savings and temporary cash investments ...........
    4 Dividends and interest from securities.... 14 20,231
    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 15,463
    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 35,694 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1335,694
    (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 foundations exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2017-03-06 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 nameMURIEL D SCHADEE Preparer's Signature Date PTIN P00352085
    Firm's name SmallBulletNATHAN WECHSLER & CO PA
    Firm's EIN SmallBullet02-0327524
    Firm's address SmallBullet44 SCHOOL STREET

    LEBANON, NH03766
    Phone no. (603) 448-2650
    Form 990-PF (2015)
    Additional Data


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    Form 990PF - Special Condition Description:
    Special Condition Description