﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-07-08T12:03:07-07:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>STEVEN MOSKOWITZ CPA PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>660 WHITE PLAINS RD 5TH FL</AddressLine1>
        <City>TARRYTOWN</City>
        <State>NY</State>
        <ZIPCode>105915187</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>200703467</EIN>
      <Name>
        <BusinessNameLine1>SBW FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>SBWF</NameControl>
      <Phone>8603461570</Phone>
      <USAddress>
        <AddressLine1>PO BOX 1502</AddressLine1>
        <City>MIDDLETOWN</City>
        <State>CT</State>
        <ZIPCode>06457</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>SUSAN B WASCH</Name>
      <Title>OFFICER</Title>
      <Phone>8603461570</Phone>
      <DateSigned>2013-07-08</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>STEVEN MOSKOWITZ CPA</Name>
      <Phone>9143666714</Phone>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="9">
    <IRS990PF documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <AddressChange>X</AddressChange>
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>1221534</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>20999</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>20999</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="00000004" referenceDocumentName="GainLossFromSaleOtherAssetsSchedule">76750</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>180620</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>76750</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>97749</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>97749</TotalNetInvestmentIncome>
        <AccountingFeesRevAndExpnss referenceDocumentId="00000003" referenceDocumentName="AccountingFeesSchedule">4256</AccountingFeesRevAndExpnss>
        <AccountingFeesDsbrsChrtblPrps>4256</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="00000009" referenceDocumentName="OtherProfessionalFeesSchedule">3332</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>3332</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="00000010" referenceDocumentName="TaxesSchedule">2337</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>417</TaxesNetInvstIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="00000008" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">130</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>65</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>65</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>10055</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>3814</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>4321</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>73050</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>73050</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>83105</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>3814</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>77371</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>14644</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>93935</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>11649</CashBOY>
        <CashEOY>2293</CashEOY>
        <CashEOYFMV>2293</CashEOYFMV>
        <SavingsAndTempCashInvstBOY>37086</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>68717</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>68717</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>883450</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="00000005" referenceDocumentName="InvestmentsCorpStockSchedule">635259</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>1150524</InvestmentsCorpStockEOYFMV>
        <InvestmentsOtherBOY>12200</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="00000006" referenceDocumentName="InvestmentsOtherSchedule2">0</InvestmentsOtherEOY>
        <TotalAssetsBOY>944385</TotalAssetsBOY>
        <TotalAssetsEOY>706269</TotalAssetsEOY>
        <TotalAssetsEOYFMV>1221534</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>944385</RetainedEarningsBOY>
        <RetainedEarningsEOY>706269</RetainedEarningsEOY>
        <TotalNetAssetsBOY>944385</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>706269</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>944385</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>706269</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>944385</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>14644</ExcessOfRevenueOverExpenses>
        <Subtotal>959029</Subtotal>
        <OtherDecreases referenceDocumentId="00000007" referenceDocumentName="OtherDecreasesSchedule">252760</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>706269</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>SECURITIES TRANSACTIONS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-07-01</DateAcquired>
          <DateSold>2012-07-01</DateSold>
          <GrossSalesPrice>179037</GrossSalesPrice>
          <Depreciation>0</Depreciation>
          <CostOrOtherBasis>103870</CostOrOtherBasis>
          <GainOrLoss>75167</GainOrLoss>
          <FMVAsOf123169>0</FMVAsOf123169>
          <AdjustedBasisAsOf123169>0</AdjustedBasisAsOf123169>
          <ExcessOfFMVOverAdjustedBasis>0</ExcessOfFMVOverAdjustedBasis>
          <GainsMinusExcessOrLosses>75167</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>CAPITAL GAIN DISTRIBUTION</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2012-01-01</DateAcquired>
          <DateSold>2012-12-31</DateSold>
          <GrossSalesPrice>1583</GrossSalesPrice>
          <Depreciation>0</Depreciation>
          <CostOrOtherBasis>0</CostOrOtherBasis>
          <GainOrLoss>1583</GainOrLoss>
          <FMVAsOf123169>0</FMVAsOf123169>
          <AdjustedBasisAsOf123169>0</AdjustedBasisAsOf123169>
          <ExcessOfFMVOverAdjustedBasis>0</ExcessOfFMVOverAdjustedBasis>
          <GainsMinusExcessOrLosses>1583</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>76750</CapitalGainNetIncome>
        <NetShortTermCapitalGainOrLoss>1583</NetShortTermCapitalGainOrLoss>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>67061</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>1172838</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.057178</DistributionRatioYear1>
        <QualifyingDistributionsYear2>65640</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>1048714</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.062591</DistributionRatioYear2>
        <QualifyingDistributionsYear3>63384</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>934810</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.067804</DistributionRatioYear3>
        <QualifyingDistributionsYear4>86967</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>1103953</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.078778</DistributionRatioYear4>
        <QualifyingDistributionsYear5>83018</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>1622445</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.051168</DistributionRatioYear5>
        <TotalDistributionRatio>0.317519</TotalDistributionRatio>
        <AverageDistributionRatio>0.063504</AverageDistributionRatio>
        <NetNoncharitableAssets>1181459</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>75027</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>939</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>75966</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>77371</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>939</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>939</Subtotal>
        <TaxBasedOnInvestmentIncome>939</TaxBasedOnInvestmentIncome>
        <TaxPaidWithExtension>2000</TaxPaidWithExtension>
        <TotalCreditsAndPayments>2000</TotalCreditsAndPayments>
        <OriginalReturnOverpayment>-2000</OriginalReturnOverpayment>
        <Form2220Attached referenceDocumentId="00000002" referenceDocumentName="IRS2220">X</Form2220Attached>
        <PenaltyForUnderpayment>23</PenaltyForUnderpayment>
        <Overpayment>1038</Overpayment>
        <AmountCreditedToNextYear>1038</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>CT</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>SUSAN B WASCH</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>8603461570</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>150 COLEMAN ROAD</AddressLine1>
          <City>MIDDLETOWN</City>
          <State>CT</State>
          <ZIPCode>065475065</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SUSAN B WASCH</PersonName>
          <USAddress>
            <AddressLine1>150 COLEMAN ROAD</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>WILLIAM K WASCH</PersonName>
          <USAddress>
            <AddressLine1>150 COLEMAN ROAD</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>1186907</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>12544</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>1199451</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>1199451</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>17992</CashDeemedCharitable>
        <NetNoncharitableAssets>1181459</NetNoncharitableAssets>
        <MinimumInvestmentReturn>59073</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>59073</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>939</TaxBasedOnInvestmentIncome>
        <TotalTax>939</TotalTax>
        <DistributableAmountBeforeAdj>58134</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>58134</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>58134</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>77371</ExpensesAndContributions>
        <QualifyingDistributions>77371</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>939</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>76432</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>58134</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear5>3970</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>32665</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>16919</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>15670</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>10332</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>79556</TotalExcessDistriCarryover>
        <QualifyingDistributions>77371</QualifyingDistributions>
        <RemainingDistriFromCorpus>77371</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>58134</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>58134</ExcessDistriCyovAppliedCY>
        <TotalCorpus>98793</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>98793</ExcessDistriCyovToNextYear>
        <ExcessFromYear2>11090</ExcessFromYear2>
        <ExcessFromYear1>10332</ExcessFromYear1>
        <ExcessFromCurrentYear>77371</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>SUSAN B WASCH</ContributingManager>
        <ShareholderManager>NA</ShareholderManager>
        <AppicationSubmissionInfo>
          <RecipientName>SUSAN B WASCH</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>150 COLEMAN ROAD</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>064575065</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>8603461570</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>N/A</FormAndInfoAndMaterials>
          <SubmissionDeadlines>N/A</SubmissionDeadlines>
          <RestrictionsOnAwards>N/A</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FOCUS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 1027</AddressLine1>
            <City>NEW CANAAN</City>
            <State>CT</State>
            <ZIPCode>06840</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>RELIGIOUS INSTITUTIONFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHURCH OF THE HOLY TRINITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>381 MAIN STREET</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>RELIGIOUS INSTITUTIONFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>METROPOLITAN OPERA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>LINCOLN CENTER</AddressLine1>
            <City>NY</City>
            <State>NY</State>
            <ZIPCode>10023</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PERFORMING ARTSFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SMITH COLLEGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>COMSTOCK SCHOLARS PROGRAM</AddressLine1>
            <City>NORTHAMMPTON</City>
            <State>MA</State>
            <ZIPCode>01063</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WESLEYAN UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>318 HIGH STREET</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CT PUBLIC BROADCASTING NETWORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1049 ASYLUM AVENUE</AddressLine1>
            <City>HARTFORD</City>
            <State>CT</State>
            <ZIPCode>06105</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC BROADCASTINGFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MIDDLESEX MEMORIAL HOSPITAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>28 CRESCENT STREET</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEDICINEFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNITED WAY OF MIDDLESEX COUNTY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 RIVERVIEW CENTER</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>COMMUNITY SERVICEFURTHER PURPOSE OFPROJECTS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NATIONAL COUNCIL ON AGING INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1901 L STREET NW 4TH FLOOR</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20036</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>IMPROVING THE LIVESFURTHER PURPOSE OFOF OLDER ADULTS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COLUMBIA GRADUATE SCHOOL OF BUSINESS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3022 BROADWAY ROOM 101</AddressLine1>
            <City>NYC</City>
            <State>NY</State>
            <ZIPCode>10027</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CONNECTICUT FUND FOR THE ENVIRONMENT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>142 TEMPLE STREET 3RD FLOOR</AddressLine1>
            <City>NEW HAVEN</City>
            <State>CT</State>
            <ZIPCode>06510</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>IMPROVING LAND, AIR ANDFURTHER PURPOSE OFWATER OF CT. AND L.I. SOUND</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CONCORDIA COLLEGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>171 WHITE PLAINS ROAD</AddressLine1>
            <City>BRONXVILLE</City>
            <State>NY</State>
            <ZIPCode>10708</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JONAH CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 854</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>&amp; PRESERVING ECOLOGICALLYFURTHER PURPOSE OF RESTORINGAREAS IN MIDDLETOWN CT</PurposeOfGrantOrContribution>
          <Amount>700</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MIDDLESEX LAND TRUST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>27 WASHINGTON STREET</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>&amp; PRESERVING ECOLOGICALLYFURTHER PURPOSE OF RESTORINGAREAS IN MIDDLETOWN CT</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE MASTERS SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>49 CLINTON AVENUE</AddressLine1>
            <City>DOBBS FERRY</City>
            <State>NY</State>
            <ZIPCode>10522</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MIDDLESEX COMMUNITY FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>211 SOUTH MAIN STREET</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CT</State>
            <ZIPCode>06457</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>USING RESOURCES TO SUPPORTFURTHER PURPOSE OFPOSITIVE IMPACT IN COMMUNITY</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COLUMBIA UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 1385</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10008</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONFURTHER PURPOSE OF</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PLATFORM TENNIS MUSEUM &amp; HALL OF FAME</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 413</AddressLine1>
            <City>SCARSDALE</City>
            <State>NY</State>
            <ZIPCode>10583</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>HAS THE MISSION OF CAPTURINGNON-PROFIT ORGANIZATION THATTHE HISTORY OF THE GAME.</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>73050</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>20999</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>76750</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>97749</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>97749</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="00000003">
      <AccountingFees>
        <Category>S. JOHN MALINOWSKI, PC ACCOUNTING</Category>
        <Amount>4256</Amount>
        <DisbursementsCharitablePrps>4256</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="00000004">
      <GainLossSaleOtherAsset>
        <Name>SECURITIES TRANSACTIONS</Name>
        <HowAcquired>Purchased</HowAcquired>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>179037</GrossSalesPrice>
        <Basis>103870</Basis>
        <TotalNet>75167</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>CAPITAL GAIN DISTRIBUTION</Name>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>1583</GrossSalesPrice>
        <TotalNet>1583</TotalNet>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="00000005">
      <InvestmentsCorpStock>
        <NameOfStock>PORTFOLIO INVESTMENTS</NameOfStock>
        <EOYBookValue>635259</EOYBookValue>
        <EOYFMV>1150524</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="00000006">
      <InvestmentsOther>
        <CategoryOrItem>LIMITED PARTNERSHIP INTEREST</CategoryOrItem>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="00000007">
      <OtherDecreases>
        <Description>UNREALIZED LOSS</Description>
        <Amount>252760</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="00000008">
      <OtherExpenses>
        <Description>PO BOX FEE</Description>
        <RevenueAndExpensesPerBooks>76</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>38</NetInvestmentIncome>
        <DisbursementsCharitablePrps>38</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE EXPENSE</Description>
        <RevenueAndExpensesPerBooks>54</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>27</NetInvestmentIncome>
        <DisbursementsCharitablePrps>27</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="00000009">
      <OtherProfessionalFees>
        <Category>CUSTODY FEES CUSTODY</Category>
        <Amount>562</Amount>
        <NetInvestmentIncome>562</NetInvestmentIncome>
      </OtherProfessionalFees>
      <OtherProfessionalFees>
        <Category>INVESTMENT MGT FEES MGT FEES</Category>
        <Amount>2770</Amount>
        <NetInvestmentIncome>2770</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="00000010">
      <Taxes>
        <Category>FEDERAL TAXES</Category>
        <Amount>1920</Amount>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAXES</Category>
        <Amount>417</Amount>
        <NetInvestmentIncome>417</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>