SEIP FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SEIP FAMILY FOUNDATION (EIN 68-0401790)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-07-26
IRS object ID: 201302079349100015
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-07-26T16:46:18-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	942186350	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CALEGARI & MORRIS ACCOUNTANTS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	123 MISSION STREET 18TH FL	AddressLine1
City	SAN FRANCISCO	City
State	CA	State
ZIP Code	94105	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	680401790	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE SEIP FAMILY FOUNDATION LIMITED	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SEIP	NameControl
Phone	4156932040	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	MYRON SUGARMAN 101 CALIFORNIA 5TH	AddressLine1
Address Line2	FL	AddressLine2
City	SAN FRANCISCO	City
State	CA	State
ZIP Code	94111	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ALEXA C SEIP	Name
Title	PRESIDENT	Title
Phone	4156932040	Phone
Date Signed	2013-07-01	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KATHLEEN BURRY	Name
PTIN	P00394887	PTIN
Phone	4159818766	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	1753728	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	115880	ContriReceivedRevAndExpnss
Dividends Rev And Expnss	42904	DividendsRevAndExpnss
Dividends Net Invst Incm	42904	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	137295	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	389834	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	137295	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	18511	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	21186	OtherIncomeNetInvstIncm
Total Revenue And Expenses	314590	TotalRevenueAndExpenses
Total Net Investment Income	201385	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	0	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	0	CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss	4720	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	2360	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	2360	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	9986	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	9986	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	0	OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss	1313	TaxesRevAndExpnss
Taxes Net Invst Incm	53	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	60	TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss	5885	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	5877	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	21904	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	18276	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	2420	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	276250	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	276250	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	298154	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	18276	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	278670	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	16436	ExcessOfRevenueOverExpenses
Net Investment Income	183109	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	551	CashBOY
Cash EOY	468	CashEOY
Cash EOYFMV	468	CashEOYFMV
Savings And Temp Cash Invst BOY	134784	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	46167	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	46167	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	698772	InvestmentsCorpStockBOY
Investments Corp Stock EOY	563990	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	802995	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	395944	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	528240	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	556254	InvestmentsCorpBondsEOYFMV
Investments Other BOY	94901	InvestmentsOtherBOY
Investments Other EOY	86643	InvestmentsOtherEOY
Investments Other EOYFMV	347844	InvestmentsOtherEOYFMV
Total Assets BOY	1324952	TotalAssetsBOY
Total Assets EOY	1225508	TotalAssetsEOY
Total Assets EOYFMV	1753728	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	0	CapitalStockBOY
Capital Stock EOY	0	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	1324952	RetainedEarningsBOY
Retained Earnings EOY	1225508	RetainedEarningsEOY
Total Net Assets BOY	1324952	TotalNetAssetsBOY
Total Net Assets EOY	1225508	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1324952	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	1225508	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1324952	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	16436	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	1341388	Subtotal
Other Decreases	115880	OtherDecreases
Total Net Assets Fund Balances EOY	1225508	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (13 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
200 SHARES DEVON ENERGY CORPORATION	P	2001-09-20	2012-08-22	12140	4024	8116	8116
606 SHARES EATON CORP	P		2012-08-22	27676	24868	2808	2808
430.219 SHARES HARBOR INT'L	P	2009-12-21	2012-08-22	25000	23047	1953	1953
96 SHARES IBM	P	2009-01-14	2012-08-22	18939	7977	10962	10962
300 SHARES JP MORGAN CHASE & CO	P		2012-08-22	11316	10940	376	376
479 SHARES MORGAN STANLEY DEAN WITTER	P		2012-08-22	7051	23478	-16427	-16427
7,992.895 SHARES PIMCO TOTAL RETURN FUND - INST	P	2009-06-08	2012-06-07	90000	81926	8074	8074
3,490.401 SHARES PIMCO TOTAL RETURN FUND	P	2009-06-08	2012-07-24	40035	35777	4258	4258
8,000 SHARES SCHWAB CHARLES CORP	P	1998-10-21	2012-03-15	118397		118397	118397
3,731.343 SHARES EWM MACRO OPPORTUNITY	P	2011-08-16	2012-12-12	29963	40448	-10485	-10485
ENTERPRISE PRODUCT PARTNERS	P			854		854	854
ENTERPRISE PRODUCT PARTNERS - SECTION 1231	P				54	-54	-54
CAPITAL GAINS DIVIDENDS	P			8463		8463	8463

Field	Value	IRS element (for citing)
Capital Gain Net Income	137295	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	303703	QualifyingDistributionsYear1
Noncharitable Assets Year1	1815366	NoncharitableAssetsYear1
Distribution Ratio Year1	0.167296	DistributionRatioYear1
Qualifying Distributions Year2	64756	QualifyingDistributionsYear2
Noncharitable Assets Year2	1846122	NoncharitableAssetsYear2
Distribution Ratio Year2	0.035077	DistributionRatioYear2
Qualifying Distributions Year3	104855	QualifyingDistributionsYear3
Noncharitable Assets Year3	1665707	NoncharitableAssetsYear3
Distribution Ratio Year3	0.062949	DistributionRatioYear3
Qualifying Distributions Year4	32211	QualifyingDistributionsYear4
Noncharitable Assets Year4	1950759	NoncharitableAssetsYear4
Distribution Ratio Year4	0.016512	DistributionRatioYear4
Qualifying Distributions Year5	48010	QualifyingDistributionsYear5
Noncharitable Assets Year5	2235028	NoncharitableAssetsYear5
Distribution Ratio Year5	0.021481	DistributionRatioYear5
Total Distribution Ratio	0.303315	TotalDistributionRatio
Average Distribution Ratio	0.060663	AverageDistributionRatio
Net Noncharitable Assets	1788422	NetNoncharitableAssets
Adjusted Noncharitable Assets	108491	AdjustedNoncharitableAssets
One Percent Net Investment Income	1831	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	110322	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	278670	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	1831	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	1831	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	1831	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	1167	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	3000	TaxPaidWithExtension
Total Credits And Payments	4167	TotalCreditsAndPayments
Overpayment	2336	Overpayment
Amount Credited To Next Year	2336	AmountCreditedToNextYear
Amount To Be Refunded	0	AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	CA	StatesFiledWith
States Filed With	MD	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	CALEGARI MORRIS ACCOUNTANTS	BooksInCareOfPersonName
Books In Care Of Phone Number	4159550355	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	123 MISSION ST 18TH FL	AddressLine1
City	SAN FRANCISCO	City
State	CA	State
ZIP Code	94105	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	0	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	0	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
ALEXA C SEIP
COOLEY GODWARD 101 CALIFORNIA5TH FL	SAN FRANCISCO	CA	94111	PRESIDENT	0.00	0	0	0
TOM D SEIP
COOLEY GODWARD 101 CALIFORNIA5TH FL	SAN FRANCISCO	CA	94111	CFO/SECRETARY	0.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	1405535	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	74290	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	335832	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	1815657	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	1815657	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	27235	CashDeemedCharitable
Net Noncharitable Assets	1788422	NetNoncharitableAssets
Minimum Investment Return	89421	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	89421	MinimumInvestmentReturn
Tax Based On Investment Income	1831	TaxBasedOnInvestmentIncome
Total Tax	1831	TotalTax
Distributable Amount Before Adj	87590	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	87590	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	87590	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	278670	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	278670	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	1831	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	276839	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	87590	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year3	17785	ExcessDistriCarryoverYear3
Excess Distri Carryover Year1	215233	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	233018	TotalExcessDistriCarryover
Qualifying Distributions	278670	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	87590	AppliedToCurrentYear
Remaining Distri From Corpus	191080	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	424098	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	0	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	424098	ExcessDistriCyovToNextYear
Excess From Year3	17785	ExcessFromYear3
Excess From Year1	215233	ExcessFromYear1
Excess From Current Year	191080	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	ALEXA C SEIP	ContributingManager
Contributing Manager	TOM D SEIP	ContributingManager

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	ALEXA C SEIP CO MYRON G SUGARMAN CO	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 CALIFORNIA ST 5TH FLOOR	AddressLine1
City	SAN FRANCISCO	City
State	CA	State
ZIP Code	94111	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	4156932040	RecipientPhoneNumber
Form And Info And Materials	APPLICANTS SHOULD SUBMIT A BRIEF DESCRIPTION OF THE PROGRAM WHICH THEY PROPOSE TO FUND, INCLUDING HOW FUNDS WILL BE USED TO FURTHER THE STATED PURPOSES OF THE ORGANIZATION (APPLICANT).	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	NONE	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (11 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
CHESAPEAKE BAY MARITIME MUSEUM
213 N TALBOT STREET	ST MICHAELS	MD	21663	N/A	509(A)(2)	LONG RANGE PLAN FUND	$32,500
CHESAPEAKE BAY MARITIME MUSEUM
213 N TALBOT STREET	ST MICHAELS	MD	21663	N/A	509(A)(2)	ANNUAL FUND	$20,000
DARROW SCHOOL
110 DARROW ROAD	NEW LEBANON	NY	12125	N/A	SCHOOL - 509(A)(1)	GROWING GREENER INITIATIVE	$100,000
PAGETURNERS
3 GOLDSBOROUGH STREET SUITE 200	EASTON	MD	21601	N/A	SCHOOL - 509(A)(1)	GIRLS WHO READ TO ACHIEVE - ANNUAL FUND	$10,000
PICKERING CREEK AUDUBON CENTER
11450 AUDUBON LANE	EASTON	MD	21601	N/A	509(A)(2)	ENVIRONMENTAL LITERACY	$10,000
TALBOT HOSPICE
586 CYNWOOD DRIVE	EASTON	MD	21601	N/A	509(A)(1)	ANNUAL FUND	$10,000
US SAILING
15 MARITIME DR	PORTSMOUTH	RI	02871	N/A	509(A)(2)	US SAILING TEAM	$6,250
WYE RIVER UPPER SCHOOL
PO BOX 36	WYE MILLS	MD	21679	N/A	SCHOOL - 509(A)(1)	CAPITAL CAMPAIGN	$20,000
ACADEMY ART MUSEUM
106 SOUTH STREET	EASTON	MD	21601	N/A	509(A)(2)	2011-12 ANNUAL APPEAL	$5,000
ACADEMY ART MUSEUM
106 SOUTH STREET	EASTON	MD	21601	N/A	509(A)(2)	EDUCATION INITIATIVE	$12,500
CHRIST CHURCH EASTON
111 S HARRISON STREET	EASTON	MD	21601	N/A	CHURCH - 509(A)(1)	WELCOME! RENEW! REJOICE! CAPITAL CAMPAIGN	$50,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	276250	TotGrantOrContriPaidDuringYear

Grant Or Contri Approved For Future GrantOrContriApprovedForFuture (7 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
CHESAPEAKE BAY MARITIME MUSEUM
213 N TALBOT STREET	ST MICHAELS	MD	21663	N/A	509(A)(2)	LONG RANGE PLAN FUND	$32,500
DARROW SCHOOL
213 N TALBOT STREET	ST MICHAELS	MD	21663	N/A	509(A)(2)	ANNUAL FUND	$100,000
WYE RIVER UPPER SCHOOL
PO BOX 36	WYE MILLS	MD	21679	N/A	509(A)(1)	CAPITAL CAMPAIGN	$30,000
PICKERING CREEK AUDUBON CENTER
11450 AUDUBON LANE	EASTON	MD	21601	N/A	509(A)(2)	ENVIRONMENTAL LITERACY	$20,000
CHRIST CHURCH EASTON
111 S HARRISON STREET	EASTON	MD	21601	N/A	CHURCH - 509(A)(1)	CAPITAL CAMPAIGN	$50,000
ACADEMY ART MUSEUM
106 SOUTH STREET	EASTON	MD	21601	N/A	509(A)(2)	EDUCATIONAL COORDINATOR EFFORT	$12,500
PAGETURNERS
3 GOLDSBOROUGH STREET SUITE 200	EASTON	MD	21601	N/A	SCHOOL - 509(A)(1)	PLEDGE	$20,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Approved Future	265000	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$42,904	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	41	ExclusionCode
Exclusion	$21,186	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$137,295	ExclusionAmount

Other Revenue Described OtherRevenueDescribed (2 entries)

DescriptionDescription	Business CodeBusinessCode	Unrelated Business IncomeUnrelatedBusinessIncomeAmount
ENBRIDGE ENERGY PARTNERS - UBI	900000	-$1,040
ENTERPRISE PRODUCT PARTNERS - UBI	900000	-$1,635

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	-$2,675	UnrelatedBusinessIncomeAmount
Exclusion	$201,385	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	198710	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	ALEXA AND TOM SEIP	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	7961 BLOOMFIELD ROAD	AddressLine1
City	EASTON	City
State	MD	State
ZIP Code	216017513	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	115880	AggregateContributions
Noncash Contribution Type	X	NoncashContributionType

Noncash Property NoncashProperty

Field	Value	IRS element (for citing)
Contributor Number From Part I	1	ContributorNumberFromPartI
Noncash Property Description	8,000 SHARES CHARLES SCHWAB & CO	NoncashPropertyDescription
Fair Market Value	115880	FairMarketValue
Date Received	2012-03-14	DateReceived

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	Category
Amount	$4,720	Amount
Net Investment Income	2360	NetInvestmentIncome
Disbursements Charitable Prps	2360	DisbursementsCharitablePrps

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (3 entries)

Name Of BondNameOfBond	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
PIMCO TOTAL RETURN FUND	328240	354283
RIDGEWORTH SEIX FLOATING RATE	50000	50849
DOUBLELINE TOTAL RETURN BOND FUND	150000	151122

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (25 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
365 SHARES ACE LIMITED	13889	29127
396 SHARES AMERICA MOVIL	14490	18327
678 SHARES AMERISOURCE BERGEN CORP	9014	29276
500 SHARES AMERICAN TOWER CORP CL A (REIT)	19608	46362
50 SHARE APPLE INC	8144	26609
307 SHARES BAXTER INTERNATIONAL INC	7504	20465
500 SHARES CENTURYLINK INC	15294	19560
568 SHARES CONOCOPHILLIPS	32761	32938
284 SHARES PHILLIPS 66	10330	15080
200 SHARES DEVON ENERGY CORP	0	0
606 SHARES EATON CROP	0	0
7,339 SHARES EWM MACRO OPPORTUNITY	79552	58637
390 SHARES FREEPORT-MCMORAN COPPER & GOLD INC	14006	13338
2,522 SHARES HARBOR INT'L FD-INS	135074	156639
96 SHARES INT'L BUSINESS MACHINES CORP	0	0
300 SHARES JP MORGAN CHASE & CO	0	0
381 SHARES LORILLARD INC	26838	44451
200 SHARES MASTERCARD INC CL A	34643	98256
1,000 SHARES MICROSOFT CORP	22310	26710
400 SHARES MONSANTO CO	33964	37860
479 SGARES MORGAN STANLEY	0	0
874 SHARES PETROLEO BRASILEIRO SA PETROLBR	40464	17017
1,338 SHARES TJX COS INC	10520	56798
279 SHARES UNION PACIFIC CORP	20892	35076
300 SHARES WALMART STORES INC	14693	20469

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (5 entries)

Category Or ItemCategoryOrItem	Listed At Cost Or FMVListedAtCostOrFMV	Book ValueBookValue	EOYFMVEOYFMV
MAP - 1998, L.P.	AT COST	10117	136775
MAP - 1999, L.P.	AT COST	11130	87979
ENBRIDGE ENERGY PARTNERS LP	AT COST	5942	16740
ENTERPRISE PRODS PARTNERS	AT COST	8718	50080
CANADIAN GOVERNMENT	AT COST	50736	56270

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Field	Value	IRS element (for citing)
Description	DIFFERENCE BETWEEN FMV AND TAX BASIS OF STOCK CONTRIBUTED TO THE FOUNDATION	Description
Amount	$115,880	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
ROYALTY EXPENSE	5875	5875
PARTNERSHIP EXPENSE (NON-DEDUCTIBLE)	8	0
PORTFOLIO DEDUCTIONS	2	2

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (5 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome
MAP 1998-B, L.P. (ROYALTY)	12400	12400	12400
MAP 1999-A, L.P. (ROYALTY)	8785	8785	8785
ENBRIDGE ENERGY PARTNERS	1	1	1
ENBRIDGE ENERGY PARTNERS - UBI	-1040		-1040
ENTERPRISE PRODUCT PARTNERS - UBI	-1635		-1635

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	EVERCORE INVESTMENT FEES	Category
Amount	$9,986	Amount
Net Investment Income	9986	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (4 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
FRANCHISE TAX BOARD	$10	0	10
FOREIGN TAXES	$53	53	0
REGISTRY OF CHARITABLE TRUSTS	$50	0	50
FEDERAL TAXES	$1,200	0	0