4-1 2013...e 70, 331. 2 If gain, also enter in Part I, line 7 Capital gain net income or (net...

? ': 4 -1

990-PF IReturn of Private Foundation

Form or Section 4947(a)(1) Trust Treated as Private Foundation

Department of the Treasury ► Do not enter Social Security numbers on th is form as it may be made public.

Internal Revenue Service 1 10- Information about Form 990-PF and its separate instructions is at www.1rs.gOV/fort

OMB No 1545-0052

2013For calendar year 2013 or tax year beginning , and ending

Name of foundation A Employer identification number

Charlotte Palmer Phillips Foundation,Incn/n Knf- in _ C'rahtraP K. St-rnncr_ T.T.P 1 4-(;l00994

c -7

G'

r-

rJ=

r

Number and street (or P O box number if mail is not delivered to street address) Room/suite B Telephone number

One Bowdoin S uare 617-227-7031City or town, state or province, country, and ZIP or foreign postal code C If exemption application is pending , check here

Boston , MA 02114-2925G Check all that apply: Initial return O Initial return of a former public charity D 1. Foreign organizations, check here ►

Final return 0 Amended return2. Foreign organizations meeting the 85% test,

Âddress chan g e Name chan g e check here and attach computation ►

H Check type of organization: ® Section 501(c)(3) exempt private foundation E If private foundation status was terminated= Section 4947 ( a )( 1 ) nonexem p t charitable trust 0 Other taxable p rivate foundation under section 507(b)(1)(A), check here

I Fair market value of all assets at end of year J Accounting method: ® Cash Accrual F If the foundation is in a 60-month termination(from Part Il, col (c), line 16) 0 Other (specify) under section 507(b)(1)(B), check here

$ 2 , 763 , 457 . (Part 1, column (d) must be on cash basis)

Part I Analysis of Revenue and Expenses (a) Revenue and (b ) Net investment (c) Adjusted net Disbursements( d )(The total of amounts in columns (b) , (c), and (d) may notnecessarily equal the amounts in column (a)) ex p enses p er books income income

for charitable purposes(cash basis only)

1 Contributions, gifts, grants, etc., received N/A2 Check ►® 11 the toundatton is not required to attach Sch B

3 Interest on savings and temporarycash investments 48. 48 . S tatement 1

4 Dividends and interest from securities 46 , 011. 46 , 011. Statement 25a Gross rents

b Net rental income or (loss)

6a Net gain or (toss) from sale of assets not on line 10 70 , 331.Gross sales price for all

b assets on l i ne Ca 1,290,076.7 Capital gain net income (from Part IV, line 2) 70 , 331.8 Net short-term capital gain

9 Income modificationsGross sales less returns

10a and allowances

b Less Cost of goods sold

c Gross profit or (loss)

11 Other income -5 , 090. -5 , 090. Statement 312 Total . Add lines 1 throu g h 11 111 , 300 . 111 , 300 .

13 Compensation of officers, directors, trustees , etc 29 , 000 . 0 . 29 , 000.14 Other employee salaries and wages

15 Pension plans, employee benefits

y 16a Legal fees Stmt 4 128. 0. 128.b Accounting fees Stmt 5 6 , 500. 0. 6 , 500.

Mc Other professional fees Stmt 6 34 , 420. 34 , 420. 0.

> 17 Interest

18 Taxes Stmt 7 3 , 248. 0. 0.19 Depreciation and depletion

E 20 Occupancy

< 21 Travel, conferences, and meetings

r- 22 Printing and publications

0 23 Other expenses S tmt 8 321. 0. 321.24 Total operating and administrative

a expenses . Add lines 13 through 23 73 , 617. 34 , 420. 35 , 949.0 25 Contributions, gifts, grants paid 119 , 500. 119 , 500.

26 Total expenses and disbursements.

Add.lines24and25 r r 193 , 117. 34 , 420. 155 , 449.27 Subtract li'ier26 from line 12^

a Excess oycevenue.over expensesTTnddisbursements -81 , 817.b Net investment income (If negative, enter -0- ) 76,880. 1c Adjusted'net income (if negative. ent r =b- N /A

10

- 10 -13-,s LHA For Paperwork Reduction Act Notice , see instructions Form 990-PF (2013),o

1 i )'17530429 794015 13 - 6100994 2013 . 03040 Charlotte Palmer Phillips F 13-61001

f; T[

C:narlotce t'almer enllllps t ounaaclon, Inc

Form990-PF 2013 C / O Kotin , Crabtree & S tron LLP 13- 6100994 Page 2

Balance Sheets Attached schedules and amounts in the description Beginning of year End of yearPart II column should betor end-of-year amounts only (a ) Book Value (b) Book Value (c) Fair Market Value

1 Cash - non-Interest-bearing 12 , 190. 8 , 535 . 8 , 535.2 'Savings and temporary cash investments 73 , 008. 9 0 9 0 5. 90 , 905.3 Accounts receivable ►

Less: allowance for doubtful accounts ►4 Pledges receivable ►

Less: allowance for doubtful accounts ►5 Grants receivable

6 Receivables due from officers, directors, trustees, and other

disqualified persons

7 Other notes and loans receivable ►

Less: allowance for doubtful accounts ►8 Inventories for sale or use

NN

9 Prepaid expenses and deferred charges

a 10a Investments - U.S. and state government obligations

b Investments - corporate stock

c Investments - corporate bonds

11 Investments - land, buildings, and equipment basis ►

Less accumulated depreciation ►

12 Investments - mortgage loans

13 Investments - other Stmt 9 2 , 386 , 338. 2 , 302 , 901. 2 , 664 , 017.14 Land, buildings, and equipment: basis ►

Less accumulated depreciation ►

15 Other assets (describe ►16 Total assets (to be completed by all filers - see the

instructions. Also , see a e 1 item 1 ) 2 , 471 , 536. 2 , 402 , 341. 2 , 763 , 457.17 Accounts payable and accrued expenses

18 Grants payable

to 19 Deferred revenue

20 Loans from officers, directors, trustees , and other disqualified persons

m 21 Mortgages and other notes payable

22 Other liabilities (describe ►

23 Total liabilities ( add lines 17 throu g h 22 ) 0. 0.

Foundations that follow SFAS 117, check here ► 0and complete lines 24 through 26 and lines 30 and 31

24 Unrestricted

25 Temporarily restricted

co 26 Permanently restricted

r_ Foundations that do not follow SFAS 117, check here ►LL and complete lines 27 through 31

° 27 Capital stock, trust principal, or current funds 0. 0.

28 Paid -in or capital surplus, or land, bldg., and equipment fund 0. 0.

a 29 Retained earnings, accumulated income, endowment, or other funds 2 , 471 , 536. 2 402 , 341.Z 30 Total net assets or fund balances 2 , 471 536. 2 : 402 , 341.

31 Total liabilities and net assets/fund balances 2 , 471 . 536. 1 2 , 402 , 341J

Part III Analysis of Changes in Net Assets or Fund Balances

1

2

3

4

5

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)

Enter amount from Part I, line 27a

Other increases not included in line 2 (itemize) ► Timing Difference

Add lines 1, 2, and 3

Decreases not included in line 2 (itemize) ►Total net assets or fund balances at end of year (line 4 minus line 5) - Part II. column

32351110-10-13

line 30

111 2,471,536.- Al Al 7

2,402,341.Form 990-PF (2013)

217530429 794015 13-6100994 2013.03040 Charlotte Palmer Phillips F 13-61001

f 1 ! I

Charlotte Palmer Phillips Foundation,IncForm990-PF(2013) C / O Kotin , Crabtree & Strong, LLP 13-6100994 Page3Part 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 stor brick warehouse; or common stock, 200 shs. MLC Co.y )

(b How acquired^ - PurchaseD - Donation

( c) Date acquired(mo , day yr.)

(d) Date sold(mo., day, yr.)

la

b See Attached Statementc

d

e

(e) Gross sales price ( f) Depreciation allowed(or allowable )

(g) Cost or other basisplus expense of sale

(h) Gain or (loss)(e) plus (f) minus (g)

a

b

c

d

e 1 , 290 , 076 . 1 1 , 219 , 745. 70 , 331.Complete only for assets showing gain in column ( h) and owned by the foundation on 12/31/69 (I) Gains ( Col. (h) gain minus

(i) F.M.V. as of 12/31/69(j) Adjusted basisas of 12/31/69

(k) Excess of col. (Qover col . ( j), if any

c ol. (k), but not less than -0-) orLosses (from col. (h))

a

b

c

d

e 70 , 331.

2If gain, also enter in Part I, line 7

Capital gain net income or ( net capital loss) If (loss ), enter -0- in Part I, line 7 2 70 , 331.

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).If loss enter - 0- in Part I line 8 3 N /A

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? Yes ® No

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 the instructions before making any entries.

Base periiod yearsAdjusted qualifying distributions Net value of noncharitable-use assets (col. (b) divided by col. (c))

2012 111 666. 2 567 654. .0434902011 107 821. 2 , 564 , 680. .0420412010 116 357. 2 , 442 , 816. .0476322009 109 972. 2 , 290 , 474. .0480132008 134 540. 2 , 662 , 126. .050539

2 Total of line 1, column (d) 2 .2317153 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5,

the foundation has been in existence if less than 5 years

or by the number of years

3 . 0 4 6 3 4 3

4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5 4 2 , 661 , 148.

5 Multiply line 4 by line 3 5 123 , 326.

6 Enter 1% of net investment income (1% of Part I, line 27b) 6 769.

7 Add lines 5 and 6 7 124 , 095.

8 Enter qualifying distributions from Part XII, line 4 8 155 , 449.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.

323521 10 -10-13 Form 990-PF (2013)


Ti

Charlotte Palmer Phillips Foundation,Incorm990-PF 2013 C / O Kotin , Crabtree & Strong, LLP 13-61 00994 Page 4Part VI Excise Tax Based on Investment Income (Section 494.0(a), 4940(b), 4940(e), or 4948 - see instructions)la Exempt operating foundations described in section 4940(d)(2), check here ►0 and enter 'N/A" on line 1.

Date of ruling or determination letter: ( attach copy of letter if necessary - see instructions)

b Ddmestic foundations that meet the section 4940(e) requirements in Part V, check here ►® and enter 1% 1 769.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 3 769.4 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- 5 769.

6 Credits/Payments:

a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 3 , 040.b Exempt foreign organizations - tax withheld at source 6b

c Tax paid with application for extension of time to file (Form 8868) Sc

d Backup withholding erroneously withheld 6d

7 Total credits and payments. Add lines 6a through 6d 7 3 , 040.8 Enter any penalty for underpayment of estimated tax. Check here 0 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 ► 9

10 Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid ► 10 2 , 271.11 Enter the amount of line 10 to be: Credited to 2014 estimated tax 2 2 71 . Refunde d No, 11 0.Part VII-A Statements Regarding Activities

la During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in Yes Noany political campaign? la X

b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for the definition)? lb X

If the answer is "Yes" to la or 1b, attach a detailed descnption of the activities and copies of any matenals published or

distributed by the foundation in connection with the activities.

c Did the foundation file Form 1120-POL for this year? lc X

d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. ► $ 0. (2) On foundation managers. ► $ 0.

e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on foundation

managers. ► $ 0.

2 Has the foundation engaged in any activities that have not previously been reported to the IRS? 2 X

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 X

4a Did the foundation have unrelated business gross income of $1,000 or more during the year? 4a X

b If "Yes, has it filed a tax return on Form 990-T for this year? N/A 4b

5 Was there a liquidation, termination, dissolution, or substantial contraction during the year? 5 X

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 X

7 Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part ll, col. (c), and Part XV 7 X

8a Enter the states to which the foundation reports or with which it is registered (see instructions) ►

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 G2 If "No," attach explanation

9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(l)(3) or 4942( I)(5) for calendar

year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)? If "Yes," complete Part XIV

0 Did any persons become substantial contributors durma the tax year? It "Yes .• attach a schedules hat- thov names and addrn-

32353110-10-13

1101 I XForm 990-PF (2013)


if to

Charlotte Palmer Phillips Foundation,Inc

Hart VII -A statements Kegarding 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)7 If "Yes," attach schedule (see instructions) 11 X

12 Di8 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)

13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application '? N/A 1 131 1

Website address ► N/A

14 The books are in care of ► Tonne son + Co Telephone no. ► 7 81 - 2 4 5 - 9 9 9 9t-ocatedat ► 401 Edgewater Place, Suite 300 , Wakefield, MA ZIP+4 ►01880

15 Section 4947(a)(1) nonexempt charitable trusts filing Form 990 -PF in lieu of Form 1041 - Check here ►=and enter the amount of tax-exempt interest received or accrued during the year ► 15 N/A

16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over a bank, Yes No

securities, or other financial account in a foreign country? 16 X

See the instructions for exceptions and filing requirements for Form TD F 90-22 .1. If "Yes,' enter the name of the foreign

country

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

la 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? Yes ® No

(2) Borrow money from, lend money to, or otherwise extend credit to ( or accept it from)

a disqualified persons Yes ® No

(3) Furnish goods, services, or facilities to ( or accept them from) a disqualified person9 Yes ® No

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? Yes ® No

(5) Transfer any income or assets to a disqualified person ( or make any of either available

for the benefit or use of a disqualified person )? Yes ® No

(6) Agree to pay money or property to a government official'? (Exception . Check "No"

if the foundation agreed to make a grant to or to employ the official for a period after

termination of government service, if terminating within 90 days. ) 0 Yes ® No

b If any answer is "Yes " to la(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)? N/A lb

Organizations relying on a current notice regarding disaster assistance check here ►0c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts, that were not corrected

before the first day of the tax year beginning in 20137 1c X

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 (l)(3) or 4942(j)(5)):

a At the end of tax year 2013, did the foundation have any undistributed income (lines 6d and 6e, Part XIII ) for tax year(s) beginning

before 20139 0 Yes ® No

If "Yes, list the years ►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.) N/A 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.

3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time

during the year? Yes ® No

b If 'Yes, did it have excess business holdings in 2013 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 2013) N/A 3b

4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? 4a X

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 20139 4b X

Form 990-PF (2013)

32354110-10-13


IIit

Charlotte Palmer Phillips Foundation,Inc- cv i J '. ., V L% %J l- 111 %-L GL iJ L-L C C OL J 1.. L V LL LLL 1 J- V .L V V J J Y r 4 C 0

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))? Yes ® No

(2) Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly,

. any voter registration drives Yes ® No

(3) Provide a grant to an individual for travel , study, or other similar purposes? Yes ® No

(4) Provide a grant to an organization other than a charitable , etc., organization described in section

509(a )(1), (2), or (3), or section 4940 (d)(2)7 Yes ® No

(5) Provide for any purpose other than religious , charitable, scientific , literary, or educational purposes, or for

the prevention of cruelty to children or animals2 L1 Yes ® No

b If any answer is "Yes " to 5a(1)-(5 ), did any of the transactions fail to qualify under the exceptions described in Regulations

section 53.4945 or in a current notice regarding disaster assistance ( see instructions ) N/A 5b

Organizations relying on a current notice regarding disaster assistance check here ►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? N/A Yes No

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 contracts Yes ® No

b Did the foundation , during the year, pay premiums, directly or indirectly , on a personal benefit contract? 6b X

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 transaction9 Yes ® No

b If 'Yes , ' did the foundation receive any p roceeds or have an y net income attributable to the transaction? N /A 7b

Part VIII Information About Officers , Directors , Trustees , Foundation Managers , HighlyPaid Employees, and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation.

(a) Name and address(b) Title, and average

hours per week devotedto position

(c) Compensation(If not paid ,enter -0 -)

ad) Coe benfit plansand deferredcompensabon

(e) Expenseaccount, otherallowances

See Statement 10 29 , 000. 0. 0.

Z t;omoensation oT Trve htafest-oato emolovees (other than those included on line 11. IT none. enter "NONE."

(a) Name and address of each employee paid more than $50,000(b) Title, and average

hours per weekdevoted to position

(c) Compensation(d)Contribubonstoemp oyes benefit plans

compensation

(e)Ex enseaccount, otherallowances

NONE

Total number of other employees paid over $50,000 ► 1 0Form 990-PF (2013)

32355110-10-13


0 1 1

Charlotte Palmer Phillips Foundation,IncForm990-PF 2013 C / O Kotin , Crabtree & Strong, LLP 13-6100994 Pag e 7Part VIII Information About Officers , Directors , Trustees, Foundation Managers, Highly

Paid Employees , and Contractors (continued)

3 Five highest-paid independent contractors for professional services. 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 receivin g over $50 ,000 for p rofessional services ► 0

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 thenumber of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses

N/A

2

3

4

Part IX- B Summary of Program-Related InvestmentsDescribe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount

1 N/A

2

All other program-related investments. See instructions.

3

Total . Add lines 1 through 3 ► 0.

Form 990-PF (2013)

32356110-10-13

717530429 794015 13-6100994 2013 . 03040 Charlotte Palmer Phillips F 13-61001

Charlotte Palmer Phillips Foundation,IncForm990-PF 2013 C / O Kotin Crabtree & Strong, LLP 13 -6100994 Page8

Part XMinimum 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 la 2 , 618 , 710.b Average of monthly cash balances lb 82 , 963.c Fair market value of all other assets 1c

d Total (add lines 1a, b, and c) id 2 , 70 1 673 .e Reduction claimed for blockage or other factors reported on lines la and

1c (attach detailed explanation) le 0.

2 Acquisition indebtedness applicable to line 1 assets 2 0 .

3 Subtract line 2 from line ld 3 2 , 701 , 673 .

4 Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see instructions) 4 40 , 525 .

5 Net value of noncharitable - use assets . Subtract line 4 from line 3. Enter here and on Part V, line 4 5 2 , 661 , 148 .

6 Minimum investment return Enter 5% of line 5 6 133 , 057.Part XI Distributable Amount (see instructions) (Section 4942(I)(3) and (j)(5) private operating foundations and certain

foreign organizations check here ► E and do not complete this part.)

1 Minimum investment return from Part X, line 6 1 133 , 057.2a

b

c

Tax on investment income for 2013 from Part VI, line 5 2a

Income tax for 2013. (This does not include the tax from Part VI.) 2b

Add lines 2a and 2b

769.

2c 769 .

3 Distributable amount before adjustments. Subtract line 2c from line 1 3 132 , 288 .4 Recoveries of amounts treated as qualifying distributions 4 0 .

5 Add lines 3 and 4 5 132 , 288.6 Deduction from distributable amount (see instructions) 6 0 .

7 Distribu ta bl e amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 7 132,288 .I rari Arr 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 la 155 , 449.b Program-related investments - total from Part IX-B lb 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 la through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 4 155 , 449.5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b 5 769.6 Adjusted qualifying distributions . Subtract line 5 from line 4 6 154 , 680.

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 (2013)

32357110-10-13


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Charlotte Palmer Phillips Foundation,IncForm 990-PF (2013) C/O Kotin, Crabtree & Strong, LLP 13-6100994 Page9

Part XIII, Undistributed Income (see instructions)

(a) (b) (c) (d)Corpus Years prior to 2012 2012 2013

1 Distributable amount for 2013 from Part XI,

line 7 132 , 288.2 Undistributed income , if any, as of the end of 2013

a Enter amount for 2012 only 11 , 624.b Total for prior years:

0.3 Excess distributions ca rryover, if any, to 2013:

a From 2008

b From 2009

c From 2010

d From 2011

e From 2012

f Total of lines 3a throug h e 0.

4 Qualifying distributions for 2013 from

Part XI 1,line 155 449.

a Applied to 2012, but not more than line 2a 11 , 624.

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 2013 distributable amount 132 , 288.e Remaining amount distributed out of corpus 11 , 537.

5 Excess distributions carryover applied to 2013 0. 0.(if an amount appears in column (d), the same amount

must be shown in column (a) )

6 Enter the net total of each column asindicated below:

a Corpus Add lines 3f, 4c, and 4e Subtract line 5 11 , 537.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 ofdeficiency has been issued, or on whichthe section 4942(a) tax has been previouslyassessed 0 .

d Subtract line 6c from line 6b. Taxable

amount - see instructions 0 .

e Undistributed income for 2012. Subtract line

4a from line 2a. Taxable amount - see instr. 0

f Undistributed income for 2013. Subtract

lines 4d and 5 from line 1. This amount must

be distributed in 2014 0

7 Amounts treated as distributions out of

corpus to satisfy requirements imposed by

section 170(b)(1)(F) or 4942(g)(3) 0. -8 Excess distributions carryover from 2008

not applied on line 5 or line 7 0

9 Excess distributions carryover to 2014.

Subtract lines 7 and 8 from line 6a 11 5 3 710 Analysis of line 9:

a Excess from 2009

b Excess from 2010

c Excess from 2011

d Excess from 2012

e Excess from 2013 11 5 3 7 .

Form 990-PF (2013)32358110-10-13


. , 1 .

Charlotte Palmer Phillips Foundation,IncForm990-PF 2013 C / O Kotin , Crabtree & Strong, LLP 13-6100994 Page10Part XIV Private Operating Foundations (see instructions and Part VII-A, question 9) N/A

a If the foundation has received a ruling or determination letter that it is a private operating

foundation , and the ruling is effective for 2013, enter the date of the ruling ►b Check box to indicate whether the foundation is a private operating foundation described in section

2 a Enter the lesser of the adjusted net

income from Part I or the minimum

investment return from Part X for

each year listed

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 2c3 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 qualifyingunder section 4942(I)(3)(B)(i)

b 'Endowment' alternative test - enter2/3 of minimum investment returnshown in Part X, line 6 for each yearlisted

c "Support' alternative test - enter:

(1) Total support other than grossinvestment income (interest,dividends, rents, payments onsecurities loans (section512(a)(5)), or royalties)

(2) Support from general publicand 5 or more exemptorganizations as provided insection 4942(1)(3)(B)(ui)

(3) Largest amount of support from

an exempt organization

( 4 ) Gross investment incomePart XV Supplementary Information (Complete this part only if the foundation had $5,000 or more in assets

at any time during the year-see instructions.)

1 Information Regarding Foundation Managers:

a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any taxyear (but only if they have contributed more than $5,000). (See section 507(d)(2).)

None

b List 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 orother entity) of which the foundation has a 10% or greater interest.

None

2 Information Regarding Contribution , Grant , Gift, Loan , Scholarship , etc., Programs:Check here ►® if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. Ifthe foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d.

a The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

b The form in which applications should be submitted and information and materials they should include:

c Any submission deadlines:

d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors:

323801 10-10-13 Form 990-PF (2013)

4942(1)(3) or U 4942(1)(5)

Tax year Prior 3 years

(a) 2013 (b) 2012 (c) 2011 (d) 2010 (e) Total


Charlotte Palmer Phillips Foundation,IncForm990-PF 2013 C / O Kotin , Crabtree & Strong, LLP 13-6100994 Page11Part XV Supplementary Information (continued)

3 Grants and Contributions Paid Durin the Year or Approved for Future Payment

Recipient If recipient is an individual,show any relationship to Foundation Purpose of grant or

Name and address (home or business) any foundation manageror substantial contributor

status ofrecipient

contribution Amount

a Paid dunng the year

1st United Methodist Church one Religious Contribution

1320 Main Street

Houston TX 77002 1 000.

Aldo Leopold Foundation one Public Charity Contribution

E13701 Levee Rd

Baraboo WI 53913 500 ,

Boston Children's Chorus one Public Charity Contribution

112 Shawmut Ave

Boston MA 02118 1 000.

Carlton Hills Evangelical Lutheran one Religious Contribution

Church

9735 Halberns Blvd

Santee CA 92071 2 , 000.

Church of the Holy Name of Mary one Religious Contribution

114 Grand Street

Croton-on-Hudson NY 10520 10 500 ,

Total Se.e continuation sheet( s ) ► 3a 119 500 ,

b Approved for future payment

None

Total ► 3b 0.

323011Form 990-PF (2013)

10-10-13

1117530429 794015 13 - 6100994 2013 . 03040 Charlotte Palmer Phillips F 13-61001

. % , .

Charlotte Palmer Phillips Foundation,IncForm 990-PF (2013) C/O Kotin, Crabtree & Strong, LLP 13-6100994 Page 12

Part XVI -A Analysis of Income - Producing Activities

Enter I

1 Pro

a

b

c

d

e

f

A

2 Me

3 Int

my

4 Div

5 Net

a

b

6 Net

pro

7 0th

8 Gai

tha

9 Net

10 Gr

11 Ot

a

b

c

d

e

12 Su

cross amounts unless otherwise indicated Unrelate d business income Exclu ded by section 512, 513, or 514 (e).

gram service revenue:

(a)Businesscode

(b)Amount

Ex^f„_

ode

(d)Amount

Related or exempt

function income

Fees and contracts from government agencies

mbership dues and assessments

rest on savings and temporary cash

estments 14 48.idends and interest from securities 14 46 , 011.rental income or (loss) from real estate:

Debt-financed property

Not debt-financed property

rental income or (loss) from personal

perty

er investment income 18 -5 , 090.n or (loss) from sales of assets othern inventory 18 70 , 331.income or (loss) from special events

ss profit or (loss) from sales of inventory

er revenue:

btotal. Add columns (b), (d), and (e) 0. 111 , 3 0 0.

B

t

o

h

1 0.

13 Total . Add line 12, columns (b), (d), and (e) 13 111,300.

(See worksheet in line 13 instructions to verify calculations.)

PartXVI-B Relationship of Activities to the Accomplishment of Exempt Purposes


10310-113 Form 990-PF (2013)

Charlotte Palmer Phillips Foundation,IncForm990-PF 2013 C / O Kotin , Crabtree & Strong, LLP 13-6100994 Pag e 13Part XVII Information Regarding Transfers To and Transactions and Relationships With Noncharitable

Exempt OrganizationsDid the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of Yes Nothb Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of.

(1) Cash la(l) X

(2) Other assets la (2 ) X

Other transactions:

(1) Sales of assets to a noncharitable exempt organization lb ( l ) X

(2) Purchases of assets from a noncharitable exempt organization lb ( 2 ) X

(3) Rental of facilities, equipment, or other assets 1b ( 3 ) X

(4) Reimbursement arrangements lb ( 4 ) X

(5) Loans or loan guarantees lb ( 5 ) X

(6) Performance of services or membership or fundraising solicitations lb ( 6 ) X

Sharing of facilities, equipment, mailing lists, other assets, or paid employees 1c X

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

(a) Name of organization (b) Type of organization (c) Description of relationship

N/A

Under penalties of perjury, I declare that I have examined this return , including accompanying schedules and statements , and to the best of my knowledgeMay the IRS discuss this

and belief , it is true, rrect, and complete Declaration of preparer (other than taxpayer) is basedSign

on all information of which preparer has any knowledge

Here

Signature o o Icer or trustee Da

PrinUType preparer's name Preparer's signature

Paid Heidi E. MacLea -Preparer Firm's name ► Tonne son mpany' IUse Only

Firm's address ► 401 Edgewater Place,Wnlrcf i clA Mn niQan_

32382210-10-13

17530429 794015 13-6100994 2013.0304

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? Yes ® No

b If 'Yes, complete the following schedule.

Charlotte Palmer Phillips Foundation,Inc Continuation for 990-PF, Part IVC / O Kotin , Crabtree & Strong, LLP 13-6100994 Page 1 of 1Part IV Cap ital G ains 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 acquiredDD

--PurchaDonation

se(c Date acquired(mo., day, yr.)

( d) Date sold(mo., day, yr.)

la PowerShares DB Commodity Index Pb PowerShares DB Commodity Index Pc Charles Schwab #9500 - See Attached Pd Charles Schwab #9500 - See Attached Pe Charles Schwab #9295 - See Attached Pf Charles Schwab # 9295 - See Attached P100 Shares Powershs DB Commdty Indx P 02 / 02 / 10 06/13/13

h 70 Shares Powershs DB Commdt Indx P 02 / 02 / 10 12/03/13i Cavital Gains Dividends

k

I

m

n

0

(e) Gross sales price ( f) Depreciation allowed(or allowable )

( g) Cost or other basisplus expense of sale

(h) Gain or (loss)(e) plus ( f) minus (g)

a 44. -44.b 992. -992.c 538 554. 546 145. -7 , 591.d 453 047. 394 882. 58 , 165.e 75 , 832. 74 , 431. 1 , 401.f 216 211. 198 692. 17 , 519 .

2 618. 2 , 733. -115.h 1 , 796. 1 , 826. -30.

1 2 , 018. 2 , 018.

k

m

n

0Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Losses ( from col. (h))

(i) F.M.V. as of 12/31/69(j) Adjusted basisas of 12/31/69

(k) Excess of col. (i)over col. (1), if any

Gains ( excess of col. (h) gain over col. (k),but not less than '-0-')

a -44.b -992.c -7 591.d 58 , 165.e 1 401.f 17 519.

-115.h -30.

1 2 018.

k

m

n

0

2 Capital ain net income or net ca ital lossIf gain, also enter in Part I, line 7 1

g ( p ) ( If (loss ), enter '-0' in Part I , line 7 / 2 70 , 331.

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). JIf (loss), enter'-0 ' in Part I, line 8

p

3 N /A

32359105-01-13


Charlotte Palmer Phillips Foundation,IncC / O Kotin , Crabtree & Strong, LLP 13-6100994

Part XV Supplementary Information3 Grants and Contributions Paid During the Year (Continuation)

Recipient if recipient is an individual,snow any relationship to Foundation Purpose of grant or


status ofrecipient

contribution Amount

Cristo Rey New York High School one Education Contribution

112 E 106TH Street

New York . NY 10029 1 000 ,

Elmira College one Education Contribution

1 Park PI

Elmira NY 14901 1 500

Exploratorium one Public Charity Contribution

15/17 Pier

San Francisco CA 94111 4 , 000 ,

Fordham Prepatory School one Education Contribution

441 E. Fordham Road

Bronx NY 10458 4 000 ,

Fordham University one Education Contribution

155 W 60th Street

New York NY 10023 3000.

Friends of Arlington Great Meadows one Public Charity Contribution

PO Box 492

Arlington - MA 02476 500

Fuller Center For Housing one Public Charity Contribution

701 S. Martin Luther King Blvd.

Americus GA 31719 1 , 500.

Grace Church School one Education Contribution

84 4th Avenue

New York NY 10003 4 000 ,

Gregorian University Foundation one Education Contribution

106 W 56th Street

New York , NY 10019 1 000 ,

Harvard Law School Fund one Education Contribution

125 Mount Auburn Street

Cambridge . MA 02138 4 000.

Total from continuation sheets 104 500 ,

32363105-01-13




Recipient If recipient is an individual,show any relationship to Foundation Purpose of grant or


status ofrecipient

contribution Amount

Heartwood one Public Charity Contribution

PO Box 538

Gosport IN 47433 500 ,

Hopewell Cancer Support one Public Charity Contribution

10628 Falls Rd

Lutherville MD 21093 5 000.

Humane Farming Association one Public Charity Contribution

PO Box 3577

San Rafael CA 94912 2 500 ,

La Sala deGalisteo one Public Charity Contribution

5637 State Highway 4

Lam NM 87540 500.

Minot Sleeper Library one Public Charity Contribution

35 Pleasant St

Bristol NH 03222 500.

Oshkosh Area Community Foundation one Public Charity Contribution

230 Ohio Street

Oshkosh WI 54902 3 000 ,

Oshkosh Public Museum one Public Charity Contribution

1331 Algoma Blvd

Oshkosh WI 54901 500 ,

Paine Art Museum one Public Charity Contribution

1410 Algoma Blvd

Oshkosh WI 54901 500.

Radio WGAO at Dean College one Education Contribution

99 Main Street

Franklin MA 02038 5 , 000.

Shady Hill School one Education Contribution

178 Coolidge Hill

Cambridge - MA 02138 1 000.

Total from continuation sheets

32383105-01-13




Recipient if recipient is an individual,show any relationship to Foundation Purpose of grant or

Name and address (home or business) any foundation manager status of contribution Amount

or substantial contributor recipient

The Miquon School one Education Contribution

2025 Harts Ln

Conshohocken PA 19428 4 000 ,

University of Wisconsin one Education Contribution

500 Lincoln Drive

Madison WI 53706 5 000 ,

Navigator Foundation one Public Charity Contribution

One Bowdoin Square

Boston MA 02114 1 000 ,

One Fund one Public Charity Contribution

PO Box 990009

Boston . MA 02199 500.

Church of St. Vincent Ferrer one Public Charity Contribution

869 Lexington Avenue

New York NY 10065 1 000 ,

Princeton in Latin America one Public Charity Contributi on

194 Nassau Street

Princeton NJ 08542 1 000 ,

Animal Welfare Institute one Public Charity Contribution

900 Pennsylvania Avenue SE

Washington , DC 20003 2 500 ,

Good Shepherd Humane Society one Public Charity Contribution

PO Box 285

Eureka Spring s AR 72632 2 , 000 ,

Bowdoin College one Public Charity Contribution

3725 College Street

Brunswick ME 04011 10 000

Colby Sawyer College one Public Charity Contribution

541 Main Street

New London NH 03257 2 000,


32383105-01-13




Recipient if recipient is an individual,now any relationship to Foundation Purpose of grant or


status ofrecipient

contribution Amount

Humane Society one Public Charity ontribution

51 Grove Street

Chestnut Hill MA 02467 2 000 ,

Lexington Historical Society one Public Charity contribution

1332 Massachusetts Avenue

Lexington . MA 02420 500.

Massachusetts Audubon Society one Public Charity contribution

208 South Great Road

Lincoln MA 01773 500.

Wisconsin Waterfowl Association one Public Charity Contribution

PO Box 427

Wales WI 53183 500.

River Alliance of Wisconsin one Public Charity Contribution

306 East Wilson Street

Madison WI 53703 500.

Horizons for Homeless Children one Public Charity Contribution

1705 Columbus Avenue

Roxbury MA 02119 500.

FOTZC, Michela Fund one Public Charity Contribution

60 State Street

Boston MA 02109 500.

Doctors Without Borders one Public Charity Contribution

333 7th Avenue

New York NY 10001 500 ,

Navigator Foundation one Public Charity Contribution

One Bowdoin Square

Boston , MA 02114 1 , 000.

Peabody Essex Museum one Public Charity ontribution

161 Essex Street

Salem MA 01970 12500.


32363105-01-13




Recipient If recipient is an individual,show any i eiationship to Foundation Purpose of grant or


status ofrecipient

contribution Amount

The Boston Athenaeum one Public Charity Contribution

10 1/2 Beacon Street

Boston MA 02108 10 000.

The Reading Team one Public Charity Contribution

2090 Adam Clayton Powell Jr. Boulevard

New York NY 10027 1 , 000.

Friends of Minute Man Park one Public Charity Contribution

174 Liberty Street

Concord MA 01742 500.

Pine Street Inn one Public Charity Contribution

444 Harrison Avenue

Boston , MA 02118 500 ,

Rosie's Place one Public Charity Contribution

889 Harrison Avenue

Boston MA 02118 500.

Friends of Gordon - Nash Library one Public Charity Contribution

69 Main Street

New Hampton , NH 03256 500.


32363105-01-13


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2013 Year-End Schwab Gal

CHARLOTTE PALMER PHILLIPS FOUNC/O KOTIN,CRABTREE & STRONG,ONE BOWDOIN SQUAREBOSTON MA 02114

Report

2 Reports EnclosedAccounts with no closing„transipctions within the reporting period or accounts for which Schwab did not track cost basis are not included

Name on Account Account # Account Type

1 CHARLOTTE PALMER PHILLIPS FOUN

2 CHARLOTTE PALMER PHILLIPS

4122-9500 Schwab One Account

8130-9295 Schwab One Account

12013 Charles Schwab & Co., Inc. All rights reserved . Member SIPC, Schwab Institutional Is a dwislon of Charles Schwab & Co., Inc. ('Schwab') and ptovldes brokerage, custody, back office, and other services to Independent investment advisors. This SVC

report Is furnished solely for your account at Schwab. Except as noted In this report's Terms and Conditions, Investment advisors whose name appear In this report are not atfillated with Schwab Please see Terms and Conditions. (0114-0014)6 l!L BOZL00

II .i I •Iil .^`Ptl.1

DST 00085567W STP6740OW

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'Report er'o'd.ep'dFivuab-0rieOAccount ofT" Account Num er= Janua 1 ` ;December 3'I

INSTITiT 0NAL' , CHARLOTTE"PALMER'PHILL'IPS FO N'U _ 4122-9500 2013._.t

2013 Year-End Schwab Gain/Loss ReportPrepared on January 18, 2014 1

CHARLOTTE PALMER PHILLIPS FOUNC/O KOTIN,CRABTREE & STRONG,ONE BOWDOIN SQUAREBOSTON MA 02114

Message Center

Your gain/loss report Includes asummarized list of your realizedgains/losses for 2013. You can alsolog in towww.schwab.com/sa_reports toview your documents securelyonline.

Page 1 of 8

Your Independent Investment Manager and/or Advisor

WINDHAVEN INVESTMENTMANAGEMENT ING1 INTERNATIONAL PL FL 33BOSTON MA 021101 (617) 960-5300

The custodian ofyour brokerage account is: Charles Schwab & Co., IncFor questions about this report , please contact your Independent Investment Managerand/or Advisor.

Table of Contents Page

Realized Gain or (Loss) ....................................................................................2Understanding Your Year- End Schwab Gain/Loss Report ................................. 7Terms and Conditions ....................................................................................... 8

Need help reading this report?See the UNDERSTANDING YOUR YEAR-END SCHWAB GAIN/LOSSREPORT section.

® 2013 Charles Schwab & Co„ Inc All tights reserved Member SIPC . Schwab Institutional Is a division of Charles Schwab & Co., Inc. ('Schwab') and provides brokerage , custody , back oHlcs , and other services to independent Investment advisors . This {jPC

report is furnished solely for your account at Schwab, Except as noted In this report 's Terms and Conditions , Investment advisors whose name appear in this report are not affiliated with Schwab Please see Terms and Conditions (0114-0014)vu

Eire S02LOD ;. p .. t•,•.••p.

k .1

"haf s5Ci1'w;Report Period'

s iSchwab One® Account of Account Number ° January,' 1 -: December. 31 ,>rr r w oNCH'ARLOTTE PALMER •PHILLIPSF.OON 412-9500 20'1,3

2013 Year-End Schwab Gain/Loss Report Page 2 of 8

Realized Gain or (Loss) Accounting Method : First In First Out [FIFO]

Acquired/ Sold/ RealizedShort-Term Quantity/Par Opened Closed Total Proceeds Cost Basis Gain or ( Loss)

GUGGENHEIM EXCHG TRD FD ENHANCED 148.0000 05131/13 06/03/13 $7,425.06 $7,435.52 ($10.46)SHORT DURATION BOND ETF: GSY

Security Subtotal $7,425.06 $7,435.52 ($10.46)

ISHARES ETF FLOATING RATE NOTE 114.0000 05/31/13 06/03/13 $5,776.85 $5,779.80 ($2.95)FUND: FLOT

Security Subtotal $5,776.85 $5,779 .80 ($2.95)

ISHARES FTSE EPRA NAREIT GLOBAL 1,623.0000 08/02/12 06/12/13 $51,532.60 $48,213.97 $3,318.63REAL ESTATE EX US: IFGL

ISHARES FTSE EPRA NAREIT GLOBAL 178.0000 05/31/13 06/12/13 $5,651.76 $5,851.22 ($199.46)REAL ESTATE EX US: IFGL

Security Subtotal $57,184 .36 $54,065.19 $3,119.17

ISHARES MSCI HK IDX FD HONG KONG INDEX 4,279.0000 10/03/12 06/07/13 $82,340.65 $79,089.61 $3,251 04FUND: EWH

ISHARES MSCI HK IDX FD HONG KONG INDEX 3,843.0000 02/06113 06/07/13 $73,950.71 $77,129.01 ($3,178.30)FUND: EWH

ISHARES MSCI HK IDX FD HONG KONG INDEX 283.0000 05/31/13 06/07/13 $5,445.76 $5,583.59 ($137.83)FUND: EWH

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2013 Year-End Schwab Gal Report Page 3 of 8

Realized Gain or (Loss) (continued) Accounting Method: First In First Out [FIFO]

Acquired/ Sold/ RealizedShort-Term (continued) Quantity/Par Opened Closed Total Proceeds Cost Basis Gain or (Loss)

ISHARES,MSCI HK IDX FD HONG KONG INDEX 574.0000 06/03/13 06/07/13 $11,045.46 $11,410.95 ($365.49)FUND: EWH

Security Subtotal $172,782.58 $173 ,213.16 ($430.58)

ISHARES TR BARCLAYS BONDBARCLAYS 1-3 51.0000 05/31/13 06/03/13 $4,303.57 $4,302.36 $1:21YEAR TREAS BOND FUND: SHY

Security Subtotal $4,303 .57 $4,302.36 $1.21

ISHARES TR BARCLAYS TIPSBOND FUND: TIP 31.0000 05/31/13 06/03/13 $3,607.19 $3,596.93 $10.26

Security Subtotal $3,607.19 $3,596 .93 $10.26

MARKET VECTORS ETF TRUSTGOLD MINERS 1,145.0000 06/06/12 02/20/13 $43,500.21 $55,209.72 ($11,709.51)FUND:GDX

MARKET VECTORS ETF TRUSTGOLJ MINERS 291.0000 02/06/13 02/20/13 $11,055.51 $12,378.41 ($1,322.90)FUND: GDX

Security Subtotal $54,555 .72 $67,588.13 ($13,032.41)

PIMCO EXCH TRADED FUND ENHANCED 73.0000 05/31/13 06/03/13 $7,411.20 $7,407.31 $3.89SHORT MATURITY EXCHANG E: MINT

Security Subtotal

pit ;^^. ,^'`^''' - ,i- •5^ `' •° ty-°• ',î• -

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Account:Number > Janua 1 - December3l-4122.9500'

$7,411.20 $7,407.31 $3.89

02013 Charles Schwab 8 Co., Ina All rights reserved. Member SIPC . Schwab Iraliiutlonal Is a division of Charles Schwab a Co., Inc . ('Schwab") and provides brokerage , custody , bade office , and other services to Independent investment advisors This SIPICreport is furnished solely lot your account at Schwab. Except as'noted In this report's Ter e, and Conditions , Investment advisors whose name appear In this report are not affiliated with Schwab . Please see Terms and Condnlons . (0114-0014)

EI/0 903L00... •:I'.I:u I:•61.. I' •I

child. SSCH:W_ f :COOL

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INSTI2UT)ONAL S6hWab:one6Account of', A""'. nt^Number Januaiy 1 --Decemb,8r'31,CHARLOTTE-;PALMER PHILLIPS .FOUN '. 4122-9500 2013



Acquired/ Sold/ Realized

Short-Term (continued) Quantity/Par Opened Closed Total Proceeds Cost Bas i s Gain or (Loss)

POWERSHS EXCH TRAD FD TREMERGING 2,539.0000 10/03/12 01/17/13 $78,758.02 $78,912.12 ($154.10)

MKTS SOVEREIGN DEBT PORTFOL: PCY

Security Subtotal 1 $78,758.02 $78,912.12 ($154.10)

SPDR BARCLAYS ETF 1-3 YEAR US-CORP 669.0000 05/31/13 06/03/13 $20,561 .36 $20, 565.06 ($3.70)

INVESTMENT G: SCPB

SPDR BARCLAYS ETF 1-3 YEAR US CORP 2,745.0000 06/25/13 10/09/13 $83,916.48 $84,147.98 ($231.50)

INVESTMENT G: SCPB


VANGUARD BOND INDEX FUNDTOTAL BOND 290.0000 05/31/13 06/03/13 $23,833.24 -$23,849.60 ($16.36)

MARKET ETF: BND


WISDOMTREE JPN HDGD EQTYJAPAN 403.0000 01/17/13 06/28/13 $18,438.26 $15,282.28 $3,155.98HEDGED EQUITY FUND: DXJ

Security Subtotal $18,438 .26 $15 ,282.28 $3,155.98

Total Short-Term $538,553.89 $546,145 .44 ($7,591.55)

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2013 Year-End Schwab Gain/Loss Report

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Page 5 of 8

Realized Gain or (Loss) (contin ued ) Accounting Method : First In First Out [FIFO]

Acquired/ Sold/ . RealizedLong-Term Quant ity/P ar Opened Closed Total Proceeds Cost Basis Gain or (Loss)

(SHARES FTSE EPRA NAREIT GLOBAL 3,395.0000 06/06/12 06/12/13 $107,796.16 $93,161.18 $14,634.98REAL ESTATE EX US: IFGL

Security Subtotal $107,796.16 $93,161.18 $14,634.98

ISHARES GOLD TRUST: IAU 2,212.0000 09/08/ 1 1 10/09/13 $28,044.13 $40,113.07 ($12,068.94)

Security Subtotal

POWERSHARES S&P ETF 500 LOWVOLATILITY PORTFOLIO: SPLV

Security Subtotal

POWERSHS QQQ TRUST SER 1: QQQ

$28,044.13 $40,113.07 ($12,068.94)

847.0000 02/02/12 10/03/13 $26,183.87 $21,934.76 $4,249.11

$26,183.87 $21,934.76 $4,249.11

306.0000 02/01/11 02/06/13 $20,564.21 ' $17,435. 97 $3,128.24

POWERSHS QQQ TRUST SER 1: QQQ 343.0000 09/08/11 02/06/13 $23,050.73 $18,737.82 $4,312.91



Security Subtotal $81,961 .57 $64,784.07 $17,177.50

SPDR GOLD TRUST SPDR GOLD SHARES:GLD

114.0000 05/31/11 02/20/13 $17,375.09 $17,060.10 $314.99

Security Subtotal $17,375.09 $17,060.10 $314.99

® 2013 Charles Schwab a Co., Inc. All rights reserved . Member SIPC. Schwab Institutional Is a division of Charles Schwab 8 Co., Inc. ('Schwab') and provides brokerage, custody, back office, and other services to Independent investment advisors This SIMreport Is furnished solely for your account at Schwab. Except as noted in this report's Terms and Conditions, Investment advisors whose name appear In this report are not affiliated with Schwab. Please see Terms and Conditions. (0114-0014)

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,2013

2013 Year-End Schwab Gain/floss Report Page 6 of 8


Acquired/ Sold/ RealizedLong-Term (continued ) Quantity /Par Opened Closed Total Proceeds Cost Basis Gain or (Loss)

VANGUARD REIT: VNQ - 900.0000 10/04/10 02/06/13 $61,523.97 $46,640 .68 $14,883.29

VANGUARD REIT: VNQ 255. 0000 09/08/11 02/06/13 $17,431.79 $14,490.00 $2,941.79

VANGUARD REIT: VNQ 985.0000 09/08/11 06/25/13 $64,678.01 $55,971.17 $8,706.84

VANGUARD REIT: VNQ 246.0000 09/09/11 06/25/13 $16,153.09 $13,471.14 $2,681.95

VANGUARD REIT: VNQ 24.0000 09/09/11 10/03/13 $1,580.13 $1,314.26 $265.87


Security -Subtotal $178,353.42 $148 ,096.85 $30 ,256.57

VANGUARD TOTAL STOCK MKT: VTI 1 58.0000 09/08/11 06/03/13 $13,332.60 $9,731.77 $3,600.83

Security Subtotal $13,332 .60 $9,731 .77 $3,600.83

Total Long-Term $453,046 .84 $394,881.80 $58,165.04

Total Realized Gain or (Loss) $991,600 .73 $941,027.24 $50,573.49

Schwab has provided realized gain/loss Information wherever possible for most Investments. Cost basis data maybe Incomplete or unavailable for some ofyour holdings. See Terms andConditions.Option Customers: Realized gain/loss'of underlying securities Is adjusted to reflect the premiums of assigned or exercised options.

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Page 7 of 8

Understanding Your,Year-End Schwab Gain/Loss Report

This page_ provides an explanation of the terms used In has useSpecific Lot and matched a sale againstthe Year-End Schwab Gain/Loss Report In the order in a particular lot held at the time of trade.which they appear. •

Accounting Method : The accounting methodthe report Is the one In effect on the last day ofcalendar year. If you change your accounting rthe middle of a report p eriod , you actually maymixed accounting method ; however the accoumethod In effect at year-end will be ihe• only rn

3d onrepio Inre a

gdis the

average cost of allass of Ihow long theyluired with reinvestedor mutual funds and

snares osame da1. Short-are sold,g reatest2. Long-are sold,

so5.

at the time of trail"m" on this report

!Atax

w

of highest unit 6Ost to lowestn ains and maximize losses.,t lowest unit cost to highestgains and minimize losses.consists of one or more:ed at the same •price on theacted In the following order.that reflect a short-term loss,that generate "thevn to the least short-term loss.that reflect a long -term loss

no least long-term loss.or Losses: Short-term lots areor loss.or Losses : Long-te'rm lots areor loss.is that reflect a longtorm gainlots that generate the leastgreatest Tong-tern! gain.

I s that reflec a s p term gainIsthat generate the least

a greatest short -term gain.lows taxpayers to specificallydentificatlon can be madentll settlement date, Antes that the account holder

Closing Transaction : The fulfillment of a contractcausing an existing ' Investment to end. A sale could beclosing transaction for a long position , and a purchasecould be a closing position tor a short position.

Short-TermILon g-Term : Gain or ( loss) on the sale of acap ital asset Is labeled long-term if the prop erty has beenheld for more than one year; it•is labeled short-termIf the property has been held for one year or less.Investors need to provide the appropriate purchasedate on some Investments for the system ,generating thisreport to properly determine the holding period. Forinstance, absent notification to the contrary, the reportassumes the purchase date is the plate of transfer forInvestments transferred from another brokerage account.All transactions are displayed at the lot level. A lot is asingle unit of shares of an Investment that was acquiredor opeped on a specific trade date and at a specifictrade time.

QuantitylPar : The number, of shares for each lot , withineach Investment position in the account . This Is thenumber of shares for stocks and mutual funds ; It Is thenumber of contracts for options; and It is the face valuebonds or notes . Fractional shares are rounded for displaypurposes on this report.

Acqulred/Opened : The trade date , effective date or thedate provided by the account holder for a particular lot.This date general]y establishes th e holding period of thelot.•For short positions the opening date is the date theshort position Is established . If no date Is available,the field will be left blank.

Sold/Closed : The trade date, effective date o r the dateprovided by the account holder. For long positions, theclosing date Is the date on which the long position Isdisposed. For short positions, the closing date is thedate on which the short position Is covered.

Total Proceeds : The amount received upon dispositionof the holding less commissions and applicable fees.

Cost Basis: The amount paid for the lot includingapplicable commissions , fees and adjustments forcorporate actions and return of capital payments. ForShort Sales , while the position remains open, theproceeds appear in the Cost Basis column with a negativevalue . In the Realized Gain or (Loss) section, the CostBasis Is the amount paid to close the transaction andappears in the Cost Basis column. The proceeds willappear In the Total Proceeds column . For cash in youraccount, Cost Basis includes total cash less marginloan(s ) outstanding at the time this report is printed.Because It may include transactions which have not yetsettled , please refer to your account statement for details

Adjusted Cost Basis: The amortized cost basis (forbonds boug ht at a premium) or the accreted cost basis(for bonds bought at a discount).

Realized Gain or (Loss): A realized gain or (loss) isshown when a closing transaction occurs in your accountthat requires recognition of a gain or loss. To determinethe Realized Gain or (Loss) for a lot, the Cost Basis issubtracted from the Total Proceeds.

Adjusted Realized Gain or (Loss): The realized stgain or(loss) that Is calculated based on the Adjusted Co Basis.

Endnotes : Lettered footnotes are placed next to itemsthat required additional explanation . Footnotes areexplained on the last pag e of the report.e - Data for this holding has been edited or provided by

ides Incomplete cost basis. If cost basis is notan investment, you may be able to provide

as matched against a particular lot held at the

Disclaimer at bottom of each page of reportSchwab has provided accurate realized gain and lossInformation wherever possible for most Investments. Costbasis data may be Incomplete or unavailable for some ofyour holdings. If all data for a given Investment is notavailable, the investment will not be listed here.

Option Customers: Realized aln/ioss of underlyingsecurities Is adjusted to reflect the premiums ofassigned or exercised options.

e. 2013 Charles Schwab & Co., Inc. All rights reserved. Member SIPC . Schwab Insteitlonal Is a division of Charles Schwab & Co., Inc. ('Schwab') and provides brokerage , custody , bade office, and other services to Independent Investment advisors . This Opic

report Is furnished solely for your account at Schwah Except as noted In this report's Terms and Condluone . Investment advisors whose name appear In this report are not affiliated with Schwab. Please see Terms and Conditions (0114-0014)

char ssc v a: ' Schwab Ope® Accou nt of 'CHARLOTTE;'P.ALMER PHILLIPSFOUN'

• tali

.Report ; Par(odAccount Nun;ber January 1 -,Decernbc r 31,4',122-9500'' r.; 2013.,

Page 8 of 8

Terms and Conditions

This repo rt Is furnished solely by Charles Schwab & Co„Inc. ("Schwab") for your Account at Schwab ("Account").Schwab Institutlona-0 Is a division of Charles'Schwab& Co., Inc.; and provides back-office brokerage andrelated services to Investment advisors and retirementplan providers . Unless otherwise defined herein,capitalized terms have the same meanings as In yourAccount Agreement . Schwab Is a reglsterdd broker-dealer

Schwab by your Advisor,I vendors of market prices andother data , or other third parties . Your Advisor may alsoInstruct Schwab to change the Information we wouldotherwise report . Althoug h efforts have been made toensure the quality of the-information provided on this report,data may be Inaccurate or Incomplete and Is subject tochang e. Schwab accepts no responsibility for Its accuracy,completeness or timely updating.

Additional Information : Any third-party trademarksappearing herein are the property of their respectiveowners. Schwab, and Charles Schwab Bank are affiliate-of each other and are subsidiaries of The CharlesSchwab Corporation.

and, excep In the case of an affiliated corr?pany that mayact as an investment advisor for the Sweep Funds , ""W

ICurrency : All figures are In U.S. dollars.

),lndhaven®Wlndhaven Investment Management , Inc. ;(and or ThomasPartners , Inc. ('TPI "),. Is not affiliated with Accounting Methods : The default accounting methodsyour Investment Advisor whose name appears on this used In this report are compliant with IRS accountingreport ("Advisors"). Advisors are Independently owned methods for Individual Investors.and operated . Schwab neither endorses nor recommendsany particular Advisor or Its Investment strategy and has Holding Period Computation : In-computing the holding

fth dddno responsibilit y to monitor trading by any !Advisor Inyour Account. Schwab has not verlfled .any, statement

ay oe but eperiod, the day of acquisltion . is disregarsale is Included . For example , In order to obtain long-term

accompanying any Advisor ' s logo appearing on thisreport. Advisors provide Investment advisory services

capital gains treatment property purchased on January 1,2003 , could not be sok until January 2, 2004. The trade

for your Account . Schwab provides brokerage and custody- ib h hr

date (not the settlement date) determines the date ofbl k willt bll If d ilhas eements w tservices for your Account . Schwa ag e , a ane. no a es ava apurc ase or sa

Advisors under which Schwab provides Advisors with displayed.institutional trading, custody and related services, andproducts , Not all of these products and seivlces may benefit

d AdA id h iSpecial Accounting Rules : Certain situations Including

t f o tih iI h iyour e t sorsccount, an em to vSchwab may provon the Advisor' s commitment to place a certain amount of its

ses,anges; on exerctance , ax ree exc pgifts , ernshort sales wash sales straddles , constructive sales, etc.,

clients' assets In brokerage accounts at,96hwab within a can affect to computat7on of cost basis and/or holdingcertain period of time . This commitment could Influence anAdvisors recommendation or requlrementithat Its-clientsestablish brokerage accounts at Schwab .

period. These situations may, not be properly factored Intothe figures shown In this report . Please consult youradvisor for more , information.

GENERAL INFORMATIONThis report contains a gain or a loss summary of youraccount. This report has been provided at The request ofyour Advisor. This Information Is not a solicitation or arecommendation to buy or sell . It may, ho lever, be helpfulfor. investment planning. The Gain/Loss sctlons(s)will not be provided to the IRS or any othe -tax authorities.The Information provided may or may not haverelevance in other jurisdictions. We recommendthat all customers (non-U.S. and U.S.) consult theirInvestment advisors prior to using this Information.

Schwab has provided cost basis data wherever possible formost Investments. This data may have been provided to

IN CASE OF QUESTIONS : If you have questions about thisreport or about specific Schwab Account or Schwab One®transactions (other than,wire transfers or checktransactions ) contact Sohwab at'800-515-2157. If youhave a complaint regarding your Schwab statement,products or services please write'to the Client Advocacy Teamat Charles Schwab A Co ., Inc., Attention:Client Advocacy Team, 211 Main St., San FranciscoCA 94105, or call Schwab Alliance at (800) 515-215''.

SIPCDST 00085567W STP6740OW )

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'Schwalb 'One® Account of.,,-A u^ Report PeriodILLIPSCHARLOTT50ALMER'PH ! . - •Acbount ' Numbpr - January .l=_Qecember 31,

FOUNDATION ;INC. 8130.9295 -2013

2013 Year-End Schwab Gain/Loss ReportPrepared on January 18, 2014

CHARLOTTE PALMER PHILLIPSFOUNDATION ,INCC/O KOTIN,CRABTREE & STRONG,ONE BOWDOIN SQUAREBOSTON MA 02114

Message Center

Your gain/loss report includes asummarized list of your realizedgains/losses for 2013. You can alsolog In towww.schwab.com/sa_reports toview your documents securelyonline.

Page 1 of 14

Your Independent Investment Manager and/or Advisor

WINDHAVEN INVESTMENTMANAGEMENT INC1 INTERNATIONAL PL FL 33BOSTON MA 021101 (617) 960-5300

The custodian o(your brokerage account is. Charles Schwab & Co., Inc.For questions about this report, please contact your Independent Investment Managerand/or Advisor.

Table of Contents Page

Realized Gain or (Loss) ....................................................................................2Understanding Your Year-End Schwab Gain/Loss Report ............................... 13Terms and Conditions .....................................................................................14

Need help reading this report?See the UNDERSTANDING YOUR YEAR-END SCHWAB GAIN/LOSSREPORT section.

02013 Charles Schwab & Co, Inc. All rights reserved . Mumber SIPC. Schwab Institutional is a division of Charles Schwab & Co, Inc ("Schwab" ) and provides brokerage . custody, back office, and other services to independent investment advisors This WC

report is tumished solely for your account at Schwab. Except as holed In this report's Terms and Conditions , Investment advisors whose name appear In this report are not affiliated with Schwab . Please sso Terms and Conditions . (0114-0014)E l/L 20ZL0o

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Reporl•Period • -Account:Number , '.. January 1 ='Decembe'r 31,8130.9295. '1-2013 • '

Page 2 of 14

Realized Gain or (Loss) Accounting Method: First In First Out [FIFO]


Short-Term Quantity/Par Opened Closed Total Proceeds Cost Basis Gain or (Loss)

ISHARES ETF AAA- A RATED 47.0000 10/03/12 06/13/13 $2,367.82 $2,460.16 ($92.34)CORPORATE BOND FUND: QLTA

Security Subtotal $2,367 .82 $2,460 .16 ($92.34)

(SHARES ETF FLOATING RATE BOND 54.0000 02/06/13 12/03/13 $2,731.72 $2,730.84 $0.88ETF: FLOT


ISHARES ETF FLOATING RATE NOTE 16.0000 02/06/13 05/31/13 $810.95 $809.14 $1.81FUND: FLOT

ISHARES ETF FLOATING RATE NOTE 49.0000 02/06/13 06/13/13 $2,479.36 $2,477.98 $1.38

FUND: FLOT

Security Subtotal $3,290.31 $3,287 .12 $3.19

ISHARES FTSE EPRA NAREIT GLOBAL 24.0000 06/06/12 05/31/13 $790.55 $658.58 $131.97REAL ESTATE EX US: IFGL

Security Subtotal $790.55 $658 .58 $131.97

ISHARES MSCI ETF EAFE MINIMUM 24.0000 10/03/13 12/03/13 $1,465.89 $1,455.98 $9.91VOLATILITY: EFAV


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Page 3 of 14

Realized Gain or (Loss) (continued ) Accounting Method : First In First Out [FIFO]


ISHARES MSCI GRMNY IDX GERMANY INDEX 88.0000 10/03)12 06/13/13 $2,325.98 $2,020.45 $305.53FUND: EWG


ISHARES MSCI HK IDX FD HONG KONG INDEX 40.0000 10/03/12 05/31/13 $788.59 $739.33 $49.26FUND: EWH

ISHARES MSCI HK IDX FD HONG KONG INDEX 393.0000 10/03/12 06/07/13 $7,562.48 $7,263.89 $298.59FUND: EWH

ISHARES MSCI HK IDX FD HONG KONG INDEX 560.0000 02/06/13 06/07/13 $10,776.06 $11,239.20 ($463.14)FUND: EWH

Security Subtotal $19,127. 13 $19 ,242.42 ($115.29)

ISHARES MSCI UTD KINGDM UNITED 120.0000 06/07/13 10/24/13 $2,460.56 $2,252.65 $207.91KINGDOM ETF: EWU


(SHARES TR RUSSELL 2000 ETF: IWM 25.0000 06/12/13 10/24/13 $2,779.20 $2,442.08 $337.12Security Subtotal $2,779 .20 $2,442 .08 $337.12

POWERSHS EXCH TRAD FD TREMERGJNG 425.0000 10/03/12 01/17/13 $13,183.20 $13,209.00 ($25.80)MKTS SOVEREIGN DEBT PORTFOL: PCY

Security Subtotal $13,183 .20 $13 ,209.00 ($25.80)

0201.9 Charles Schwab & Co., Inc. All rights reserved . Member SIPC . Schwab Insth ullonal Is a division of Charles Schwab A Co„ Ina . ('Schwab ) and provides brokerage , custody , bade office, and other services to independent investment advi sors. ThisPICreport Is furnished solely for your account at Schwab. Except as ' notad In this raport 's Terms and Conditions , Investment advisors whose name appear In this report are not atllliated with Schwab , Please see Terms and Conditions . (0114-0014)

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Realized Gain or (Loss). ( continued) Accounting Method : First In First Out [FIFO]

Acquired/ Sold/ RealizedShort-Term (continued) Quantity/Par Opened Closed Total Proceeds Cost Basis Gain o r ( Los s)

S 'P D R S&P 500 ETF TR EXPIRING 01/22/2118: 14.0000 02/20113 06/13/13 $2,292.81 $2,133.97 $158.84SPY

S P D R S&P 500 ETF TR EXPIRING 01/22/2118: 12.0000 02/20/13 10/24/13 $2,101.53 $1,829.11 $272.42

SPY

S P D R S&P 500 ETF TR EXPIRING 01/22/2118: 12.0000 02/20/13 12/03/13 $2,155.17 $1,829.12 $326.05SPY


SPDR GOLD TRUST SPDR GOLD SHARES: 76.0000 10/03/12 02/20/13 $11,583.39 $13,095.19 ($1,511.80)GLD

Security Subtotal $11,583 .39 $13,095.19 ($1,511.80)

WISDOMTREE JPN HDGD EQTYJAPAN 18.0000 01/17/13 05/31/13 $841.31 $682.58 $158.73HEDGED EQUITY FUND: DXJ

WISDOMTREE JPN HDGD EQTYJAPAN 54.0000 01/17/13 06/28/13 $2,470.64 $2,047.75 $422.89HEDGED EQUITY FUND: DXJ

WISDOMTREE JPN HDGD EQTYJAPAN 28.0000 01/17/13 10/24/13 $1,332.64 $1,061.80 $270.84HEDGED EQUITY FUND: DXJ

WISDOMTREE•JPN HDGD EQTYJAPAN 33.0000 01/17/13 12/03/13 $1,638.42 $1,251.40 $387.02HEDGED EQUITY FUND: DXJ

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2013 Year-End Schwab Gain/Loss Report Page S of 14



WISDOMTREE JPN HDGD EQTYJAPANHEDGED EQUITY FUND: DXJ

18.0000 02/06/13 12/03/13 $893 .69 $741.24 $152.45

Security Subtotal - $7,176.70 $5,784.77 $1,391.93

Total Short-Term $75,831.96 $74,431.44 $1,400.52

Acquired/ Sold/ RealizedLong-Term Quantity/Par Opened Closed Total Proceeds Cost Basis Gain or (Less)

GUGGENHEIM EXCHG TRD FD ENHANCEDSHORT DURATION BOND ETF: GSY

GUGGENHEIM EXCHG TRD FD ENHANCEDSHORT DURATION BOND ETF: GSY I

Security Subtotal

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Security Subtotal

[SHARES ETF AAA- A RATEDCORPORATE BOND: QLTA

Security Subtotal

20.0000 02102/12 05181/13 $1,004.46 $997.56 $6.90

63.0000 02/02/12 06/13/13 $3,159.65 $3,142.31 $17.34

$4,164.11 $4,139.87 $24.24

68.0000 02/02/12 12/03/13 $3,415.58 $3,391.70 $23.88

$3,415.58 $3,391 .70 $23.88

38.0000 10/03/12 12/03/13 $1,897.31 $1,989.07 ($91.76)

$1,897.31 $1,989 .07 ($91.76)

02013 Charles Schwab a Co, Inc, All rights reserved . Member,SIPC Schwab InstYullonal Is a division of Charles Schwab & Co., Inc. ('Schwab") and provides brokerage , custody , back office, and other services to Independent Investment advisors . This ^(report Is furnished solely for your account at Schwab. Except asI noted in this report's Terms and Condlllons . Investment advisors whose name appear In this report are not affiliated with Schwab Please see Terms and Conditions . (0114- 0014) IC

^:'I£1/D BOZLDD

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CHARLOTTE' P14LMER.:PHIL LIPS account Number January 7 -: De:cemlêr 31,",Nsn rtoNnr; :FOUNDATION',JNC= . ". :•81;30 9295- 2013




Long-Term (continued ) Quantity/Par Opened Closed Total Proceeds Cost Basis Gain or (Loss)

ISHARES FTSE EPRA NAREIT GLOBAL 574.0000 06/06/12 06/12/13 $18,225.33 $15,750.96 $2,474.37

REAL ESTATE EX US: IFGL

Security Subtotal $18,225.33 $15,750 .96 $2,474.37

(SHARES GOLD TRUST: IAU 206.0000 09/08/11 05/31/13 $2,775.80 $3,735.67 ($959.87)


ISHARES MSCI GRMNY GERMANY ETF: 97.0000 10/03/12 10/24/13 $2,874.55 $2,227.09 $647.46

EWG

ISHARES MSCI GRMNY GERMANY ETF: 68.0000 10/03/12 12/03/13 $2,041.13 $1,561.26 $479.87

EWG

Security Subtotal $4 ,915.68 $3 ,788.35 $1,127.33

ISHARES TR BARCLAYS BONDBARCLAYS 1-3 162.0000 09/08/11 02/06/13 $13,676.05 $13,714.74 ($38.69)

YEAR TREAS BOND FUND: SHY

(SHARES TR BARCLAYS BONDBARCLAYS 1-3 30.0000 09/08/11 06/13/13 $2,530.61 $2,539.77 ($9.16)YEAR TREAS BOND FUND: SHY

Security Subtotal $16,206.66 $16 ,254.51 ($47.85)

ISHARES TR BARCLAYS BONDBARCLAYS 7-10 24.0000 05/31/11 06/13/13 $2,517.18 $2,318. 88 $198.30

YEAR TREASURY BON: IEF 1

Security Subtotal - $2,517 .18 $2,318 .88 $198.30

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' Acquired/ Sold/ RealizedLong-Term (continued) Quantity/ Par Opened Closed Total Proceeds Cost Basis Gain or (Loss)

ISHARES TR BARCLAYS TIPSBOND FUND: TIP 14.0000 09/08/11 02/06/13 $1,688 53 $1,624.92 $63.61

ISHARES TR BARCLAYS TIPSBOND FUND: TIP 24.0000 09/09/11 02/06/13 $2,894 .62 $2,793.99 $100.63

ISHARES TR BARCLAYS TIPSBOND FUND: TIP 72. 0000 09/27/11 02/06/13 $8,683.85 $8,254 .10 $429.75

ISHARES TR BARCLAYS TIPSBOND FUND: TIP 20. 0000 09/27/11 06/13/13 $2,280.18 $2,292.81 ($12.63)

Security Subtotal $15,547. 18 $14,965.82 $581.36

ISHARES TR BOND 1-3 YEAR TREAS 24.0000 09/08/11 12/03/13 $2,028 .56 $2,031 . 81 ($3.25)BOND ETF: SHY

Security Subtotal $2,028 .56 $2,031 .81 ($3.25)

ISHARES TR BOND 7-10 YEAR TREAS 16.0000 05/31/11 12/03/13 $1,620 .77 $1,545.92 $74.85BOND ETF: IEF

Security Subtotal $1,620 .77 $1,545 .92 $74.85

ISHARES TR TIPS BOND ETF: TIP ' 1 5. 0000 09/27/11 12/03/13 $1,667.45 $1,719.60 ($52.15)

Security Subtotal $1,667.45 $1,719 .60 ($52.15)

PIMCO EXCH TRADED FUND ENHANCI=D 9.0000 09/08/11 05/31/13 $913 .44 $907.01 $6.43SHORT MATURITY EXCHANGE: MINT

02019 Charles Schwab 8 Co., Inc. All rights reserved Member SIPC. Schwab Institutional is a division of Charles Schwab a Co, Inc. ('Schwab') and provides brokerage , custody , back office , and other services to independent Investment advisors This PCreport Is furnished solely for your account at Schwab. Except as noted In this report 's Terms and Conditions, Investment advisors whose name appear In this report are not effiYated with Schwab. Please see Terms and Conditions (0114.0014)

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' s tJT O4A-1 FOUNDATION ^;IMC `; 81'30-9295•

'2013


Realized Gain or (Loss) (continued) Accounting Method: First In First Out [FIFO'


Long-Term (continued) Quantity/Par Opened Closed Total Proceeds Cost Basis Gain or (Loss)

PIMCO EXCH TRADED FUND ENHANCED 32.0000 09/08/11 06/13/13 $3,246.82 $3,224.92 $21.90

SHORT MATURITY EXCHANGE: MINT

PIMCO EXCH TRADED FUND ENHANCED 33.0000 09/08/11 12/03/13 $3,349.11 $3,325.70 $23.41

SHORT MATURITY EXCHANGE: MINT


POWERSHARES S&P ETF 500 LOW 314.0000 02/02/12 10/03/13 $9,706.89 $8,131.66 $1,575.23

VOLATILITY PORTFOLIO: SPLV


POWERSHS DB COMMDTY INDX: DBC 100.0000 02/02/10 06/13/13 $2,618.45 $2,371.80 $246.65

POWERSHS DB COMMDTY INDX: DBC. 70.0000 02/02/10 12/03/13 $1,796.18 $1,660.26 $1 35.92



POWERSHS QQQ TRUST SER -1: QQQ; 39.0000 10/05/11 10/24/13 $3,210.45 $2,066.30 $1,144.15

POWERSHS QQQ TRUST SER 1: QQQ 14.0000 1 0/05/11 12/03/13 $1,193.83 $741.75 $452.08

Security Subtotal $17,441.72 $13,086.56 $4,355.16

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,:613 820-

,2013



Acquired/ Sold/ RealizedLong-Term (co ntinued) Quantity/Par Opened Closed Total Proceeds Cost Basis Gain o r ( Loss)

SPDR BARCLAYS ETF' 1-3 YEAR UStCORP 97.0000 09/08/11 05/31/13 $2,982 .22 $2,950 . 82 $31.40INVESTMENT G: SCPB

SPDR BARCLAYS ETF 1-3 YEAR US-CORPINVESTMENT G: SCPB

SPDR BARCLAYS ETF 1-3 YEAR US CORPINVESTMENT G: SCPB

SPDR BARCLAYS ETF 1-3•YEAR US'CORPINVESTMENT G: SCPB

SPDR BARCLAYS ETF 1-3 YEAR US•CORPINVESTMENT G: SCPB

SPQR BARCLAYS ETFINVESTMENT G: SCPB

Security Subtotal

1-3 YEAR US;CORP

VANGUARD BOND INDEX FUNDTOTAL BONDMARKET ETF: BND I

VANGUARD BOND INDEX FUNDTOTAL BONDMARKET ETF: BND

VANGUARD BOND INDEX FUNDTOTAL BONDMARKET ETF: BND ,

311.0000 09/08/11 06/13/13 $9,552.20 $9,460.87 $91.33

75.0000 09/08/11 10/24/13 $2,307.34 $2,281.56 $25.78

6,0000 09/08/11 12/03/13 $184.65 $182.52 $2.13

112.0000 09/09/11 12/03/13 $3,446.74 $3,407.04 $39.70

163.0000 02/02/12 12/03/13 $5,016.24 $4,975.33 $40.91

$23,489.39 $23,258.14 $231.25

48.0000 06/02/10 05/31/13 $3,952.01 $3,655.96 $96.05

42.0000 06/02/10 06/13/13 $3,439.53 $3,373.97 $65.56

29.0000 02101/11 06/13/13 $2,374.91 $2,318.95 $55.96

0201 3 Charles Schwab +s Co., Ina. All rights reserved. Member SIPC , Schwab Insrltutiorwl is a diabion of Charles Schwab S Co., Inc. ('Schwab") and provides brokerage, custody, bads office , and other eervlcee to Independent investment advisors . ThisSTIC

repon Is furnished solely for your account at Schwab. Except as , nored In this report 's Terms and Conditions , Investment advisors whose name appear In this report are not affiliated with Schwab Please see Terms and Conditions (0114-0014)E1146 9DZLDD ' •r v^rr-I•••rrpr•II^

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,8130-9295 2013



Acquired/ Sold! Realized


VANGUARD BOND INDEX FUNDTOTAL BOND 80.0000 05/31/11 06/13/13 $6,551.49 $6,539.12 $12.37

MARKET ETF: BND

VANGUARD BOND INDEX FUNDTOTAL BOND 104.0000 05/31/11 06/25/13 $8,322.96 $8,500.86 ($177.90)

MARKET ETF: BND


MARKET ETF: BND


MARKET ETF: BND


MARKET ETF: BND

VANGUARD BOND INDEX FUNDTOTAL BOND 82.0000 09/08/11 12/03/13 $6,611.54 $6,870.70 ($259.16)MARKET ETF: BND

Security Subtotal $42,182 .10 $42,732.13 ($550.03)

VANGUARD DIV APPRCIATION: VIG 18.0000 09/08/11 10/24/13 $1,299.58 $925.01 $374.57

VANGUARD DIV APPRCIATION: VIG 30.0000 09/08/11 12/03/13 $2,204.96 $1,541.69 $663.27


VANGUARD REIT: VNQ I 11.0000 09/15/10 02/06/13 $751.96 $578.53 $173.43

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VANGUARD REIT: VNQ 84.0000 10/04/10 02106/13 $5,742.24 $4,361.56 $1,380.68

VANGUARD REIT: VNQ 88.0000 02/01/11 02/06/13 $6,015 . 68 $4,966.13 $1,049.55

VANGUARD REIT: VNQ 59.0000 09/08/11 02/06/13 $4,033.23 $3,352. 59 $680.64

VANGUARD REIT: VNQ 14. 0000 09/08/11 05/31/13 $995.67 $795.53 $200.14

VANGUARD REIT: VNQ 38.0000 09/08/11 06/13/13 $2,650. 15 $2,159 .30 $490.85

VANGUARD REIT: VNQ 108. 0000 09108/11 06125113 $7,091.60 $6,136 .94 $954.66

VANGUARD REIT: VNQ 4.0000 09/09/11 06/25/13 $262.65 $219 .04 $43.61


Security Subtotal $31,427 .67 $25,800 .51 $5,627.16

VANGUARD TOTAL STOCK MKT: VTI 28.0000 09/08/11 06/13/13 $2,362 .74 $1,724.62 $638.12

VANGUARD TOTAL STOCK MKT: VTI 15.0000 09/08/11 10/24/13 $1,369.33 $923.90 $445.43

a 2013 Charles Schwab & Co , Inc All rights reserved Member SIPC Schwab Institutional Is a division of Charles Schwab & Co., Inc. ( Schwab ) and provides brokerage , custody, back office, and other services to Independent investment advisors This SUPC

report Is lurnlshed solely for your account at Schwab. Except as noted In this report 's Terms and Conditions, Investment advisors whose name appear In this report are not affiliated with Schwab. Please sea Terms and Conditions (0114-0014)

E I21 90ZL00,

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Page 12 of 14



Long-Term (continued ) Quantity/Par Opened Closed Total Proceeds Cost Basis Gain or (Loss)

VANGUARD TOTAL STOCK MKT: VTI 24.0000 09/08/11 12/03/13 $2,235.81 $1,478.25 $757.56

Security. Subtotal $5 ,967.88 $4,126.77 $1,841.11

Total Long-Term $220,625.80 $202 ,724.32 $17,901.48

Total Realized Gain or (Loss) $296,457.76 $277,155.76 $19,302.00

Schwab has provided realized gain/loss information wherever possible for most Investments. Cost basis data may be Incomplete or unavailable for some of your holdings. See Terms and

Conditions.Option Customers: Realized gain,loss of underlying securities is adjusted to reflect the premiums of assigned or exercised options.

AIR

Reporx"PeriodJanuary-'1' - December.31,201'3.

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11, Page 12 of 14Understanding- Your Year-End Schwab Gain/Loss Report

This_ page_provides an explanation of the terms used In has used Specific•Lot and matched a sale againstthe Year-End Schwab Gain/Loss Report In the order In a particular lot held at the time of trade'.which they appear. I

g Methots the one)ar. If youof a repowriting maffect at V

m

are

snares of a ssame day. Lc1. Short-Teriare sold, beggreatest shot2. Long-Ternare sold, beglong-term los3. Short-Ternsold that ref h4. Lona-Tern

5. LonA-Ter Gain

Ionpstormasnup t6. Short-ferm Galrare sold, beginningshort-term g ain upci

IfThe IF

ots . Sat the lime of trade"m" on this report If

The accounting ,method noted onn effect on the last day of the repchange your accounting method inperiod , you actually may have athocf; however . the abcountina

e definitlonbelow) Is theof this report.The averabe cost of all3ardless ofd how long theys acquired with reinvested3bleffor mutual funds and

The last investments acquiredn s sold.i order of highest unitlcost to lowestnlmlze gains and maximize losses.

I order of lowest unit cost to highestsxlmize gains and minimize losses.lax lot consists of one or more)Urchased at the same price on theare selected In the. following , order.s: Lots th at reflect - a short-term lossvith lots that generate ;the)ss down to the least short-term loss.s: Lots that reflect a long-term lossvith lots that generate the greatestto the least long-term I loss.tins or Losses : Short-term lots arealn or loss.sins or Losses : Long -term lots arealn or loss. ILots that reflect a long-term gain

vith lots that generate the leastthe greatest long-term Rain.Lots that ref lee, a she -term gain

vith lots that generate Th e least1 the greatest short -term gain.3 allows taxpayers to specificallyh identification can be madeuntil settlement date. An

,Cates that the account holder

Closing Transaction : The fulfillment of a contractcausing an existing investment to end . A sale coyld beclosing transaction for a Ion position, and a purchasecould be a closing position fgor a short position.

Short-Term/Long-Term : Gain or ( loss) on the sale of acapital asset is labeled long-term if the prop erty has beenheld for more than one year ; it is labeled short-termif the property has been held for one year or less.nvestors need to provide the appropriate purchasedate on some investments for the system generating thisfsport to properly determine the holdin g period. Forinstance, absent notification to the contrary, the reportassumes the purchase date is the date of t ransfer forinvestments transferred from anothe r broke Cag e account.All transactions are displayed at the lot level. A lot Is asingle unit of shares of anlinvestment that was acquiredor opened on a specific trade date and at a specifictrade time.

(for bonds bought at a disc unt).

Realized Gain or (Loss): A realized gain or (loss) isshown when a closing transaction occurs in your accountthat requires recognition of a gain or loss. To determinethe Realized Gain or (Los for a lot, the Cost Basis is

Quantity/Par: The number of shares for each lot withinsubtracted from the Total Proceeds.

each Investment position in the account. This Is the Adjusted Realized Gain or (Loss): The realized gain ornumber of shares for stocks and mutual funds; It is the (loss) that Is calculated based on the Adjusted Cost Basis.umber of contracts for options; and It is the face value

bonds or notes . Fractional shares are rounded for displaypurposes on this report. ,

Acquired/Opened : The trade date, effective date or thedate provided by the account holder for a particular lot.This date genera l ly establishes the holding perlod of thelot. For short positions, the opening date is the date theshort position Is established . If no date is available,the field will be left blank. ,

Sold/Closed : The trade date , effective date or the dateprovided by the account holder. For long positlons,'theclosing date is the data on which the long position Isdisposed. For short positions the closing date Is thedate on which the short poslt(on is covered.

Total Proceeds : The amount received u pon dispositionof the holding less commissions and applicable tpees.

Cost Basis: The amount paid for the lot includingapplicable commissions, fees and adjustments forcorporate actions and return of capital payments. ForShort Sales, while the position remains open theproceeds appear In the Cost Basis column with a negativevalue. In the Realized Gain or (Loss) section, the CostBasis Is the amount paid to close the transaction andappears In the Cost Basis column. The^roceeds willappear In the Total Proceeds colymn. For cash in youraccount, Cost Basis Includes total cash less marginloan(s) outstanding at the time this report is printed.Because it may include transactions which have not yetsettled, please -refer to your account statement for details

Adjusted Cost Basis : The amortized cost basis (forbonds bought at a premium) or the accreted cost basis

o

Endnotes : Lettered footnotes are placed next to itemsthat required additional explanation . Footnotes areexplained on the last page of the report.e - Data for this holding has been edited or provided bythe account holderi - Value Includes incomplete cost basis . If cost basis is notavailable for an Investment , you may be able to provideupdates.m - A sale was matched against a particular lot held at thetime of trade.S -'Short sale.

Disclaimer at bottom of each page of reportSchwab has provided •acc tate realized gain and lossInfo rmation wherever possible for mostinvestments. Costbasis data may be Incomplete or unavailable for some ofyour holding s. If all data for a given Investment is notavailable , the Investment will not be listed here.

Option Customers: Realized gain/loss of underlyingsecurities is adjusted to reflect the premiums ofassigned or exercised options.

02019 Charles Schwab a Co„ Inc, All rights reserved. Member SiPC. Schwab Institutional Is a division of Charles Schwab & Co., Inc. ('Schwab') and provides brokerage, custody, back office, and other services to independent Investment advisors. This SIPCreport Is furnished solely for your account at Schwab. Except as noted In this report's Terms and Conditions, Investment advisors whose name appear In this report are not affiliated with Schwab. Please see Terms and Conditions. (0114-0014) ' r

13I/e1, soz[oo:tl^ ^'^t:tiG^l:î !I:':'i^tl•I

` Z ,SC'SChWab:On^ Account;of+' ; ' :Report; Period,

h ` .` , GHARLOTT. 'Pi4LM R;'PHILL'IPS Account Number',, ,JanuaryI =December 31,

'j,

INSnrUraorini' FO,UN TION; 8i`30 ','-9295:;- PA ;INC',

Page 14 of 14,

Terms and Conditions

This re port, is furnished solely by Charles Schwab & Co.,Inc. ("Schwab") for your Account at Schwab ("Account").

Schwab by your Advisor, vendors of market prices-andother data, or other third parties. Your Advisor may also

i ld

Additional Information: Any third -party trademarksappearing herein are the property of their respective

nd Charles Schwab Bank are affiliatebS hSchwab Institutional® is a division of Charles Schwab& Co., Inc., and provides back-office brokerage and

on we wouinstruct Schwab to change the informatotherwise report. Although efforts have been made to

-c wa , aowners .of each-other and are subsidiaries of The Charles

related services to investment advisors and retirement ensure the quality of the information provided on this report , Schwab Corporation.plan providers , Unless otherwise defined herein, data may be inaccurate.or Incomplete and is subject tocapitalized terms have the same meanIngs as In you r

lS b I i t k dt A t h d bAchang e . Schwab accepts no responsibility for its'accuracy,

datinleteness or timel Ucomers a reg s ere ro er- eac waccoun g reeman .and, except In the case of an affillated -corppany that may

y p g.p

act as an investment advisor for the Sweep Funds, Currency : All figures are in U.S. dollars.Windhaven Investment Management , Inc! ("Windhaven®"),and or ThomasPartners , Inc. ^'TPI" ), is not affiliated with Accounting Methods: The default accounting methodsyour Investment Advisor whose name appears on this used In this report - are compliant with IRS accountingreport ("Advisors"). Advisors are Independently owned methods for Individual investors.and operated . Schwab neither, endorses nor recommendsany particular Advisor or Its Investment strategy and has

olAdit t di b i Iibil it tHolding -Period Computation : In computing the holding

uisition is disregarded but the day ofof aceriod the day any v s ro mon or ra ng nno respons yyour Account . Schwab has not verified any statement

qyp ,sale is Included. For example, In order to obtain long-term

accompanying any Advisor ' s logo appearing on thisI t iid d iAd

capital gains treatment property purchased on January 1,2004 The trade2ot be sold until Januar2003 ldsory serv cesnves ment a vreport. visors prov e , ., cou yn

for your Account . Schwab provides brokerage and custodyservices for your Account . Schwab has agreements with

i i h

date (not the settlement date) determines the date ofpurchase or sale. If no date Is-available, a blank'wiil

ddi lsors w tAdvisors under which Schwab provides Adv aye .spinstitutional trading, custody and related services, andproducts. Not all of these p roducts and services may benefit

tt d S id t AdA h b iSpecial Accounting Rules : Certain situations Including

tion exercisesese x-free exchan oit n tift hio sorsyour ccoun , an c wa may prov e hem v ,,, g per a c ag s, non the Advisor' s commitment to place a certain amount of its short sales wash sales straddles , constructive sales, etc.,clients' assets In brokerage accounts at Schwab within a can affect the computation of cost basis and/or holding

Il fcertain period of time . This commitment could Influence ant It li tAd d ti t thi i

actored ntoperiod . These situations may not be proper yPlease consult ourshown In this re ortresth fis c en ssors recommen a on or requ remen av yp .,e gu

establish brokerage accounts at Schwab .' advisor for more Information.

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C II D wefST W IJU ' R7W STPR7Annw

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Charlotte Palmer Phillips Foundation,Inc 13-6100994

Form 990-PF Interest on Savings and Temporary Cash Investments Statement 1

Source

PowerShres DB Commodity Index

Total to Part I, line 3

(b) (c)Net Investment Adjusted

Income Net Income

48.

48. 48.

Form 990-PF

Source

(a)RevenuePer Books

48.

Statement 2

(a) (b) (c)Revenue Net Invest- AdjustedPer Books ment Income Net Income

Charles Schwab9295 7,574. 358. 7,216. 7,216.Charles Schwab9500 40,455. 1,660. 38,795. 38,795.

To Part I, line 4 48,029. 2,018. 46,011. 46,011.

Form 990-PF Other Income Statement 3

(a) (b) (c)Revenue Net Invest- Adjusted

Description Per Books ment Income Net Income

Other Income 42. 42.PowerShares DB Commodity Index - 5,132. -5,132.

Total to Form 990-PF, Part I, line 11 - 5,090. -5,090.

Dividends and Interest from Securities

CapitalGross GainsAmount Dividends

20 Statement(s) 1, 2, 317530429 794015 13-6100994 2013.03040 Charlotte Palmer Phillips F 13-61001


109. 0. 109.19. 0. 19.

128. 0. 128.

Accounting Fees Statement 5

Form 990-PF Legal Fees Statement 4

(a) (b) (c) (d)Expenses Net Invest- Adjusted Charitable

Description Per Books ment Income Net Income Purposes

Kotin, Crabtree & StrongLLPHodgson Russ LLP

To Fm 990-PF, Pg 1, In 16a

Form 990-PF

Description

Tonneson & Company

To Form 990-PF, Pg 1, In 16b

Form 990-PF

(a) (b) (c) (d)Expenses Net Invest- Adjusted CharitablePer Books ment Income Net Income Purposes

6,500. 0. 6,500.

6,500. 0. 6,500.

Other Professional Fees

Description

Investment Expenses

To Form 990-PF, Pg 1, In 16c

Form 990-PF


13-6100994

Statement 6

34,420. 34,420. 0.

34,420. 34,420. 0.

Taxes Statement 7

Description

2012 Federal tax due paidin 20132013 Federal Estimate tax

To Form 990-PF, Pg 1, In 18


208. 0. 0.3,040. 0. 0.

3,248. 0. 0.

21 Statement(s) 4, 5, 6, 717530429 794015 13-6100994 2013.03040 Charlotte Palmer Phillips F 13-61001


Form 990-PF Other Expenses

13-6100994

Statement 8

(a) (b) (c) (d)Expenses Net Invest- Adjusted Charitable

Description Per Books ment Income Net Income Purposes

Filing Fee 250. 0. 250.Federal Express 71. 0. 71.

To Form 990-PF, Pg 1, In 23 321. 0. 321.

Form 990-PF Other Investments Statement 9

Valuation Fair MarketDescription Method Book Value Value

Charles Schwab #9500 COSTCharles Schwab #9295 COSTAccumulated Basis Adjust COSTPowerShares DB Commodity Index

Total to Form 990-PF, Part II, line 13

1,974,835. 2,328,201.327,727. 335,477.

339. 339.

2,302,901. 2,664,017.

22 Statement(s) 8, 917530429 794015 13-6100994 2013.03040 Charlotte Palmer Phillips F 13-61001

i t

Charlotte Palmer Phillips Foundation,Inc 13 -6100994

Form 990-PF Part VIII - List of Officers, Directors Statement 10Trustees and Foundation Managers

EmployeeTitle and Compen- Ben Plan Expense

Name and Address Avrg Hrs/Wk sation Contrib Account

Marjorie Gilbert Trustee16 Cleveland Drive 2.00 0. 0. 0.Croton-on-Hudson, NY 10520

William S. Strong, ESQ. TreasuerC/O Kotin, Crabtree & Strong, LLP,One Bowdoin Square 4.00 6,000. 0. 0.Boston, MA 02114-2919

Paul M. Frank, ESQ. PresidentC/O Hodgson Russ, LLP, 1540Broadway, 24th Floor 4.00 5,000. 0. 0.New York, NY 10036

Sarah E. Cogan, ESQ. SecretaryC/O Simpson Thacher & BartlettLLP, 425 Lexington Ave, 15th Floor 2.00 18,000. 0. 0.New York, NY 10017-3954

Ann Reinke Strong Trustee37 Maple Street 0.00 0. 0. 0.Lexington, MA 02420

John Gibbons TrusteeC/O Odin Partners, 237 Park Avenue 0.00 0. 0. 0.New York, NY 10017-3140

Marjorie T. Cook-Sullivan TrusteePO Box 163 0.00 0. 0. 0.Water Valley, MS 38965

John B. Chessare MD, MPH TrusteeC/O Greater Baltimore MedicalCenter, 6701 N. Charles St. 0.00 0. 0. 0.Baltimore, MD 21204

Totals included on 990-PF, Page 6, Part VIII 29,000. 0. 0.

23 Statement(s) 1017530429 794015 13-6100994 2013.03040 Charlotte Palmer Phillips F 13-61001

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