﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2014v5.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2015-05-14T05:54:59-07:00</ReturnTs>
    <TaxPeriodEndDt>2014-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>DYL &amp; PERILLO INC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>446 BROADWAY</AddressLine1Txt>
        <CityNm>PROVIDENCE</CityNm>
        <StateAbbreviationCd>RI</StateAbbreviationCd>
        <ZIPCd>02909</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2014-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>461977249</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>DOROTHY J THORNLEY FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>DORO</BusinessNameControlTxt>
      <PhoneNum>4014340071</PhoneNum>
      <USAddress>
        <AddressLine1Txt>57 DROWNE PARKWAY</AddressLine1Txt>
        <CityNm>RUMFORD</CityNm>
        <StateAbbreviationCd>RI</StateAbbreviationCd>
        <ZIPCd>02916</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DOROTHY J THORNLEY</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>4014340071</PhoneNum>
      <SignatureDt>2015-05-07</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>ROBERT A PERILLO</PreparerPersonNm>
      <PhoneNum>4014532020</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2014</TaxYr>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990PF documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>99817</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>4463</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>4463</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>4463</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="00000004" referenceDocumentName="GainLossFromSaleOtherAssetsSchedule">458</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>149558</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>460</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>4921</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>4923</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>4463</TotalAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="00000006" referenceDocumentName="LegalFeesSchedule">2295</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>2295</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>2295</LegalFeesAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="00000003" referenceDocumentName="AccountingFeesSchedule">475</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>475</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>475</AccountingFeesAdjNetIncmAmt>
        <OtherProfFeesRevAndExpnssAmt>621</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>621</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>621</OtherProfFeesAdjNetIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="00000007" referenceDocumentName="TaxesSchedule">1814</TaxesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>5205</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>3391</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>3391</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>2514</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>2514</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>7719</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>3391</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>3391</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>2514</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-2798</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1532</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1072</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashEOYAmt>5000</CashEOYAmt>
        <CashEOYFMVAmt>5000</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>8848</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>16983</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>16983</SavAndTempCashInvstEOYFMVAmt>
        <PrepaidExpensesEOYAmt>186</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>186</PrepaidExpensesEOYFMVAmt>
        <CorporateStockBOYAmt>100966</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="00000005" referenceDocumentName="InvestmentsCorpStockSchedule">84847</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>77648</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>109814</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>107016</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>99817</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>109814</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>107016</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>109814</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>107016</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>109814</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>107016</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>109814</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-2798</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>107016</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>107016</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS CSX CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-14</AcquiredDt>
          <SoldDt>2014-01-07</SoldDt>
          <GrossSalesPriceAmt>13875</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>12093</CostOrOtherBasisAmt>
          <GainOrLossAmt>1782</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>1782</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS CSX CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-26</AcquiredDt>
          <SoldDt>2014-01-07</SoldDt>
          <GrossSalesPriceAmt>13875</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>13272</CostOrOtherBasisAmt>
          <GainOrLossAmt>603</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>603</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,000 SHS WHITEWAVE FOODS CO COM CL A</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-07</AcquiredDt>
          <SoldDt>2014-03-17</SoldDt>
          <GrossSalesPriceAmt>28804</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>24692</CostOrOtherBasisAmt>
          <GainOrLossAmt>4112</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>4112</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,000 SHS PINNACLE FOODS INC DEL COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-03-17</AcquiredDt>
          <SoldDt>2014-05-12</SoldDt>
          <GrossSalesPriceAmt>34215</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>29833</CostOrOtherBasisAmt>
          <GainOrLossAmt>4382</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>4382</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS REPUBLIC SERVICES, INC. CL A</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-15</AcquiredDt>
          <SoldDt>2014-07-07</SoldDt>
          <GrossSalesPriceAmt>18632</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>16329</CostOrOtherBasisAmt>
          <GainOrLossAmt>2303</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>2303</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS REPUBLIC SERVICES INC. CL A</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-06-26</AcquiredDt>
          <SoldDt>2014-07-07</SoldDt>
          <GrossSalesPriceAmt>18632</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>17267</CostOrOtherBasisAmt>
          <GainOrLossAmt>1365</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>1365</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS CLIFFS NATURAL RESOURCES INC. COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-02-06</AcquiredDt>
          <SoldDt>2014-10-06</SoldDt>
          <GrossSalesPriceAmt>3893</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>10448</CostOrOtherBasisAmt>
          <GainOrLossAmt>-6555</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>-6555</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,000 SHS ST. JOE COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-05</AcquiredDt>
          <SoldDt>2014-12-12</SoldDt>
          <GrossSalesPriceAmt>17633</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>25165</CostOrOtherBasisAmt>
          <GainOrLossAmt>-7532</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>-7532</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>460</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>-3208</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <NetVlNoncharitableAssetsYr1Amt>109100</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.000000</DistributionYr1Rt>
        <TotalDistributionRt>0.000000</TotalDistributionRt>
        <AverageDistributionRt>0.000000</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>111965</NetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>15</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>15</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>2514</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>15</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>15</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>15</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>186</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>186</TotalPaymentsAndCreditsAmt>
        <OriginalReturnOverpaymentAmt>-186</OriginalReturnOverpaymentAmt>
        <OverpaymentAmt>171</OverpaymentAmt>
        <AppliedToESTaxAmt>171</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>RI</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>JONATHAN KNOWLES</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>4014218900</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>ONE TURKS HEAD PLACE</AddressLine1Txt>
          <CityNm>PROVIDENCE</CityNm>
          <StateAbbreviationCd>RI</StateAbbreviationCd>
          <ZIPCd>02903</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANDREW W DAVIS</PersonNm>
          <USAddress>
            <AddressLine1Txt>101 DYER STREET 2ND FLOOR</AddressLine1Txt>
            <CityNm>PROVIDENCE</CityNm>
            <StateAbbreviationCd>RI</StateAbbreviationCd>
            <ZIPCd>02903</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANDREW H DAVIS JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>101 DYER STREET 2ND FLOOR</AddressLine1Txt>
            <CityNm>PROVIDENCE</CityNm>
            <StateAbbreviationCd>RI</StateAbbreviationCd>
            <ZIPCd>02903</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR/SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JONATHAN R KNOWLES</PersonNm>
          <USAddress>
            <AddressLine1Txt>117 CARPENTER STREET</AddressLine1Txt>
            <CityNm>REHOBOTH</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02769</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>6.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DOROTHY J THORNLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>57 DROWNE PARKWAY</AddressLine1Txt>
            <CityNm>RUMFORD</CityNm>
            <StateAbbreviationCd>RI</StateAbbreviationCd>
            <ZIPCd>02916</ZIPCd>
          </USAddress>
          <TitleTxt>PRES., VP, TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>103565</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>9919</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>186</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>113670</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>113670</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>1705</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>111965</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>5598</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>5598</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>15</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>15</TotalTaxAmt>
        <DistributableBeforeAdjAmt>5583</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>5583</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>5583</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>2514</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>2514</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>15</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>2499</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>5583</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>2514</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>2514</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>2514</AppliedToYear1Amt>
        <UndistributedIncomeCYAmt>5583</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>DOROTHY J THORNLEY</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN CANCER SOCIETY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>931 JEFFERSON BLVD STE 3004</AddressLine1Txt>
            <CityNm>WARWICK</CityNm>
            <StateAbbreviationCd>RI</StateAbbreviationCd>
            <ZIPCd>02886</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FAMILY ASSISTANCE</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE GORDON SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>45 MAXFIELD AVENUE</AddressLine1Txt>
            <CityNm>EAST PROVIDENCE</CityNm>
            <StateAbbreviationCd>RI</StateAbbreviationCd>
            <ZIPCd>02914</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FAMILY TUITION ASSISTANCE</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOME &amp; HOSPICE CARE OF RI</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1085 NORTH MAIN STREET</AddressLine1Txt>
            <CityNm>PROVIDENCE</CityNm>
            <StateAbbreviationCd>RI</StateAbbreviationCd>
            <ZIPCd>02904</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FAMILY ASSISTANCE</GrantOrContributionPurposeTxt>
          <Amt>514</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>2514</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>4463</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>458</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>4921</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>4921</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="00000003">
      <AccountingFeesDetail>
        <CategoryTxt>DYL &amp; PERILLO, INC. TAX SERVICES</CategoryTxt>
        <Amt>475</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="00000004">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>500 SHS CSX CORP</AssetDesc>
        <AcquiredDt>2013-03</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2014-01</SoldDt>
        <GrossSalesPriceAmt>13874</GrossSalesPriceAmt>
        <BasisAmt>12093</BasisAmt>
        <TotalNetAmt>1781</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>500 SHS CSX CORP</AssetDesc>
        <AcquiredDt>2013-09</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2014-01</SoldDt>
        <GrossSalesPriceAmt>13875</GrossSalesPriceAmt>
        <SalesExpenseAmt>13272</SalesExpenseAmt>
        <TotalNetAmt>603</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1,000 SHS WHITEWAVE FOODS CO. COM CL A</AssetDesc>
        <AcquiredDt>2014-01</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2014-03</SoldDt>
        <GrossSalesPriceAmt>28804</GrossSalesPriceAmt>
        <BasisAmt>24692</BasisAmt>
        <TotalNetAmt>4112</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1,000 SHS PINNACLE FOODS INC. DEL COM</AssetDesc>
        <AcquiredDt>2014-03</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2014-05</SoldDt>
        <GrossSalesPriceAmt>34215</GrossSalesPriceAmt>
        <BasisAmt>29834</BasisAmt>
        <TotalNetAmt>4381</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>500 SHS REPUBLIC SERVICES INC, CL A</AssetDesc>
        <AcquiredDt>2014-03</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2014-05</SoldDt>
        <GrossSalesPriceAmt>18632</GrossSalesPriceAmt>
        <BasisAmt>16329</BasisAmt>
        <TotalNetAmt>2303</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>500 SHS REPUBLIC SERVICES INC. CL A</AssetDesc>
        <AcquiredDt>2013-06</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2014-07</SoldDt>
        <GrossSalesPriceAmt>18632</GrossSalesPriceAmt>
        <BasisAmt>17267</BasisAmt>
        <TotalNetAmt>1365</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>500 SHS CLIFFS NATURAL RESOURCES INC, COM</AssetDesc>
        <AcquiredDt>2014-02</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2014-10</SoldDt>
        <GrossSalesPriceAmt>3893</GrossSalesPriceAmt>
        <BasisAmt>10448</BasisAmt>
        <TotalNetAmt>-6555</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1,000 SHS ST. JOE COMPANY</AssetDesc>
        <AcquiredDt>2014-06</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2014-12</SoldDt>
        <GrossSalesPriceAmt>17633</GrossSalesPriceAmt>
        <BasisAmt>25165</BasisAmt>
        <TotalNetAmt>-7532</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="00000005">
      <InvestmentsCorporateStockGrp>
        <StockNm>1,091 SHS BANCO SANTANDER</StockNm>
        <EOYBookValueAmt>8447</EOYBookValueAmt>
        <EOYFMVAmt>9088</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 SHS FORD MOTOR CO DEL COM</StockNm>
        <EOYBookValueAmt>7002</EOYBookValueAmt>
        <EOYFMVAmt>7750</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 SHS GENERAL ELECTRIC CO.</StockNm>
        <EOYBookValueAmt>11745</EOYBookValueAmt>
        <EOYFMVAmt>12635</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1,000 SHS NATIONAL PENN BANCSHARES</StockNm>
        <EOYBookValueAmt>11181</EOYBookValueAmt>
        <EOYFMVAmt>10525</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1,000 SHS RAYONIER INC. COM ISIN</StockNm>
        <EOYBookValueAmt>35839</EOYBookValueAmt>
        <EOYFMVAmt>27940</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1,000 SHS VALLEY NATIONAL BANCORP</StockNm>
        <EOYBookValueAmt>10633</EOYBookValueAmt>
        <EOYFMVAmt>9710</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="00000006">
      <LegalFeesGrp>
        <CategoryTxt>DAVIS &amp; LENTZ, LLC LEGAL SERVICES</CategoryTxt>
        <LegalFeesAmt>2295</LegalFeesAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <TaxesSchedule documentId="00000007">
      <TaxesDetail>
        <CategoryTxt>FEDERAL INCOME TAX</CategoryTxt>
        <Amt>1814</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>