Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
SAUL SCHOTTENSTEIN FOUNDATION D
C/O ARSHOT INVESTMENT CORPORATION

Number and street (or P.O. box number if mail is not delivered to street address)107 S HIGH ST - 3RD FLOOR   Room/suite
City or town, state, and ZIP code
COLUMBUS, OH43215
A Employer identification number

27-0167675
B Telephone number (see instructions)

(614) 463-9730
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,772,397J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 418
2 Check bullet
3 Interest on savings and temporary cash investments 271,686 271,686 271,686
4 Dividends and interest from securities...... 44,865 44,865 44,865
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 29,771
b Gross sales price for all assets on line 6a 1,830,207
7 Capital gain net income (from Part IV, line 2)... 38,950
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,391 27 2,391
12 Total. Add lines 1 through 11........ 349,131 355,528 318,942
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,323 3,242 3,242 1,081
b Accounting fees (attach schedule)....... Click to see attachment 4,305 3,229 3,229 1,076
c Other professional fees (attach schedule).... Click to see attachment 3,486 3,486 3,486  
17 Interest............... 46,978 46,978 46,978  
18 Taxes (attach schedule) (see instructions) Click to see attachment 31,488 31,288 31,288 200
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 594,733 556,135 556,135 38,598
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 685,313 644,358 644,358 40,955
25 Contributions, gifts, grants paid........ 202,864 202,864
26 Total expenses and disbursements. Add lines 24 and 25 888,177 644,358 644,358 243,819
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -539,046
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............   8,764 8,764
2 Savings and temporary cash investments.......... 1,130,084 520,584 520,584
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet1,612,549
Less: allowance for doubtful accounts bullet     Click to see attachment1,612,549 1,612,549
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 1,753,162 Click to see attachment390,672 456,672
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 3,444,640 Click to see attachment3,552,920 3,718,798
14 Land, buildings, and equipment: basis bullet455,030
Less: accumulated depreciation (attach schedule) bullet     Click to see attachment455,030 455,030
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,327,886 6,540,519 6,772,397
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)   Click to see attachment814,455
23 Total liabilities (add lines 17 through 22)..........   814,455
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 6,327,886 5,726,064
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 6,327,886 5,726,064
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,327,886 6,540,519
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 6,327,886
2 Enter amount from Part I, line 27a..................... 2 -539,046
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 96,000
4 Add lines 1, 2, and 3.......................... 4 5,884,840
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 158,776
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 5,726,064
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 38,950
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 318,295 6,060,748 0.052517
2010 339,987 6,176,814 0.055042
2009 214,619 6,051,692 0.035464
2008      
2007      
2 Total of line 1, column (d) ...................... 2 0.143023
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.047674
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 6,483,017
5 Multiply line 4 by line 3....................... 5 309,071
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7 309,071
8 Enter qualifying distributions from Part XII, line 4.............. 8 243,819
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5  
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,549
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,549
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,549
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet1,549 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
     
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletARSHOT@ARSHOT.COM
    14
    The books are in care ofbulletWILLIAM J SCHOTTENSTEIN Telephone no.bullet (614) 463-9730
    Located atbullet107 S HIGH ST - 3RD FLOORCOLUMBUSOH ZIP+4bullet43215
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WILLIAM SCHOTTENSTEINClick to see attachment PRESIDENT
    25.00     		0 0 0
    C/O ARSHOT INVESTMENT CORPORATION
    107 S HIGH ST 3RD FLOOR
    COLUMBUS,OH43215
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,097,152
    b
    Average of monthly cash balances.......................
    1b
    829,716
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,654,875
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,581,743
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,581,743
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    98,726
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,483,017
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    324,151
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    324,151
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
     
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    324,151
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    324,151
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    324,151
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    243,819
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    243,819
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    243,819
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 324,151
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009....... 101,780
    d From 2010....... 36,048
    e From 2011....... 16,482
    fTotal of lines 3a through e......... 154,310
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 243,819
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 243,819
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012. 80,332 80,332
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 73,978
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		73,978
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009.... 21,448
    c Excess from 2010.... 36,048
    d Excess from 2011.... 16,482
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    WILLIAM J SCHOTTENSTEIN TRUSTEE
    C/O ARSHOT INVESTMENT CORPORATION
    107 S HIGH ST - 3RD FLOOR
    COLUMBUS,OH43215
    (614) 463-9730
    bThe form in which applications should be submitted and information and materials they should include:
    COPY OF FEDERAL TAX EXEMPTION LETTER SHOWING THAT THE REQUESTING ORGANIZATION IS EXEMPT AS AN IRC SECTION 501(C)3 ORGANIZATION. LETTER DETAILING PROPOSED USE OF ANY FUNDS AWARDED. UPON APPROVAL OF THE GRANT REQUEST: THE ORGANIZATION WILL AGREE THAT ANY FUNDS NOT USED FOR THE INTENDED PURPOSE OF THE GRANT WILL BE RETURNED. THE ORGANIZATION WILL PROVIDE A FOLLOW UP LETTER AND/OR REPORT FOR THE PERIOD(S) IN WHICH THE GRANT WAS EXPENDED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE APPLICATION FORMAT AND REQUIRED CONTENTS COMMENTS.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ARTHRITIS FOUNDATION
    7124 MIAMI AVE
    CINCINNATI,OH45243     		NONE COMPLETED GENERAL OPERATIONS 250
    ARTHUR G JAMES CANCER HOSPITAL
    660 ACKERMAN RD
    COLUMBUS,OH43218     		NONE COMPLETED GENERAL OPERATIONS 10,000
    BUCKEYE LAKE 4TH OF JULY
    13284 W BANK RD
    MILLERSPORT,OH43046     		NONE COMPLETED GENERAL OPERATIONS 2,500
    BUCKEYE LAKE FOR TOMORROW
    PO BOX 1106
    BUCKEYE LAKE,OH43008     		NONE COMPLETED GENERAL OPERATIONS 1,000
    CENTRAL OHIO YOUTH FOR CHRIST
    5080 SINCLAIR RD
    COLUMBUS,OH43229     		NONE COMPLETED GENERAL OPERATIONS 750
    CHABAD AT BEEKMAN SUTTON
    336 E 63RD STREET
    NEW YORK,NY10022     		NONE COMPLETED GENERAL OPERATIONS 1,800
    CHABAD JCC OF ASPEN
    435 WEST MAINT ST
    ASPEN,CO81611     		NONE COMPLETED GENERAL OPERATIONS 25,000
    CHILDRENS BRAIN TUMOR FOUNDATION
    274 MADISON AVE
    NEW YORK,NY10016     		NONE COMPLETED GENERAL OPERATIONS 100
    CITIZENSHIP COUNTS
    4201 N 24TH ST
    PHOENIX,AZ85016     		NONE COMPLETED GENERAL OPERATIONS 1,018
    COLEL CHABAD
    806 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 20,450
    COLUMBUS COMMUNITY KOLLEL
    2513 E MAIN ST
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 6,500
    COLUMBUS BICENTENNIAL 2012
    1269 GRANVIEW AVE
    COLUMBUS,OH43212     		NONE COMPLETED GENERAL OPERATIONS 5,000
    COLUMBUS LANDMARKS FOUNDATION
    61 JEFFERSON AVE
    COLUMBUS,OH43215     		NONE COMPLETED GENERAL OPERATIONS 1,000
    CONGREGATION AHAVAS SHOLOM
    2568 E BROAD STREET
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 10,170
    CONGREGATION SHEARITH ISRAEL
    8 W 70TH ST
    NEW YORK CITY,NY10023     		NONE COMPLETED GENERAL OPERATIONS 2,650
    EINSTEIN COLLEGE OF MEDICINE
    1165 MORRIS PARK AVE
    BRONX,NY10461     		NONE COMPLETED GENERAL OPERATIONS 1,000
    FEDERATION CJA
    1 CARRE CUMMINGS SQ
    CA     		NONE COMPLETED GENERAL OPERATIONS 5,000
    FRIENDS OF LUBAVICH
    1140 ALTON RD
    MIAMI BEACH,FL33139     		NONE COMPLETED GENERAL OPERATIONS 90
    GREATER BUCKEYE LAKE
    HISTORICAL SOCIETY
    PO BOX 1
    BUCKEYE LAKE,OH43008     		NONE COMPLETED GENERAL OPERATIONS 500
    JUST GIVE
    312 SUTTER ST 410
    SAN FRANCISCO,CA94108     		NONE COMPLETED HURRICANE SNADY RELIEF 1,047
    NATIONWIDE CHILDRENS
    HOSPITAL INC
    700 CHILDRENS DRIVE
    COLUMBUS,OH43205     		NONE COMPLETED GENERAL OPERATIONS 22,360
    NEW YORK ACUARIUM
    602 SURF AVE
    NEW YORK,NY11224     		NONE COMPLETED GENERAL OPERATIONS 250
    NEW YORK PRESBYTERIAN FUND
    654 W 170TH ST
    NEW YORK,NY10032     		NONE COMPLETED GENERAL OPERATIONS 1,000
    NORTHWESTERN BRAIN TUMOR INSTITUTE
    251 HURON ST
    CHICAGO,IL60611     		NONE COMPLETED GENERAL OPERATIONS 50
    OSU ATHLETIC ADVANCEMEND FUND
    1480 W LANE AVE
    COLUMBUS,OH43221     		NONE COMPLETED GENERAL OPERATIONS 1,099
    PET PARTNERS
    875 124TH AVE NE
    BELLEVUE,WA98005     		NONE COMPLETED GENERAL OPERATIONS 300
    RAZOO FOUNDATION
    520 EIGHTH AVE
    NEW YORK,NY10018     		NONE COMPLETED GENERAL OPERATIONS 250
    ROBIN HOOD FOUNDATION
    826 BROADWAY
    NEW YORK,NY10003     		NONE COMPLETED GENERAL OPERATIONS 1,500
    RONALD MCDONALD HOUSE
    711 E LIVINGSTON AVE
    COLUMBUS,OH43205     		NONE COMPLETED GENERAL OPERATIONS 100
    SCLERODERMA FOUNDATION
    535 E 70TH ST
    NEW YORK,NY10021     		NONE COMPLETED GENERAL OPERATIONS 60
    SHADOWBOX LIVE
    164 EASTON TOWN CENTER
    COLUMBUS,OH43219     		NONE COMPLETED GENERAL OPERATIONS 24,000
    SPECIAL OLYMPICS OF OHIO
    3303 WINCHESTER PIKE
    COLUMBUS,OH43232     		NONE COMPLETED GENERAL OPERATIONS 100
    THE OHIO COBRA CLUB RADNOR
    2503 STATE ROUTE 203
    RADNOR,OH43066     		NONE COMPLETED GENERAL OPERATIONS 20
    TOMCHE SHABBOS FUND INC
    2590 NE 202ND STREET
    MIAMI,FL33180     		NONE COMPLETED GENERAL OPERATIONS 20,000
    TORAH CENTER
    2942 E BROAD ST
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 4,300
    UNITED JEWISH CHILDREN'S FUND
    584 MONTGOMERY ST
    BROOKLYN,NY11225     		NONE COMPLETED GENERAL OPERATIONS 50
    UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT ST
    433 FRANKLIN BLDG
    PHILADELPHIA,PA191046205     		NONE COMPLETED GENERAL OPERATIONS 26,000
    UNITED LUBAVITCHER YESHIVOS
    760 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 5,600
    Total .................................bullet 3a 202,864
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     25 271,686  
    4 Dividends and interest from securities....     25 44,865  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     25 27  
    8Gain or (loss) from sales of assets other than inventory     25 38,950 -9,179
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aAMERICAN EXPESS REBATE     25 677  
    bMB DISLOCATION ORDINARY INCOM     25 819  
    cMB DISLOCATION PORTFOLIO INC     25 508  
    dMISCELLANEOUS     25 360  
    e
    12 Subtotal. Add columns (b), (d), and (e)..   357,892 -9,179
    13Total. Add line 12, columns (b), (d), and (e)..................
    13348,713
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    3 REINVESTED FOR CURRENT AND FUTURE CHARITABLE GIVING.
    4 REINVESTED FOR CURRENT AND FUTURE CHARITABLE GIVING.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LANDAKER & ASSCOIATES, INC.-CPA 4,305 3,229 3,229 1,076

    TY 2012 CompensationExplanation
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Person Name Explanation
    WILLIAM SCHOTTENSTEIN  

    TY 2012 ExplnOfNonFilingWithAGStmt
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Statement:
    NOT REQUIRED. VERIFICATION OF FORM 990PF FILING IS ALL THAT IS REQUIRED BY STATE OF OHIO.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    TAMARACK GLOBAL HEALTHCARE FD-P/S 2010-03 PURCHASE 2012-10   255,756 255,934     -178  
    AMERICAN EAGLE OUTFITTERS - 1000 SHS 2009-10 PURCHASE 2012-05   19,623 17,528     2,095  
    BANK OF AMERICA CORP - 300 SHS 2010-05 PURCHASE 2012-07   2,007 4,833     -2,826  
    BANK OF AMERICA CORP - 700 SHS 2010-05 PURCHASE 2012-07   4,980 11,277     -6,297  
    CISCO SYS INC. - 1500 SHS 2010-11 PURCHASE 2012-05   24,847 30,945     -6,098  
    CITIGROUP INC. 100 SHS 2009-10 PURCHASE 2012-07   2,600 4,114     -1,514  
    CITIGROUP INC. 400 SHS 2009-10 PURCHASE 2012-07   10,369 16,456     -6,087  
    CITIGROUP INC. 200 SHS 2009-12 PURCHASE 2012-07   5,185 6,440     -1,255  
    CONOCOPHILLIPS, CORP - 3400 SHR 2009-06 PURCHASE 2012-07   180,272 119,809     60,463  
    CONOCOPHILLIPS, CORP - 3100 SHR 2009-06 PURCHASE 2012-07   163,554 109,237     54,317  
    CONOCOPHILLIPS, CORP - 600 SHR 2010-05 PURCHASE 2012-07   31,656 25,197     6,459  
    FIFTH THIRD BANCORP - 3000 SHS 2009-10 PURCHASE 2012-05   39,960 27,029     12,931  
    FIFTH THIRD BANCORP - 2000 SHS 2010-05 PURCHASE 2012-05   26,640 26,960     -320  
    GENERAL ELECTRIC CO - 5000 SHS 2009-10 PURCHASE 2012-05   95,397 71,649     23,748  
    GENERAL ELECTRIC CO - 500 SHS 2011-03 PURCHASE 2012-06   10,303 9,700     603  
    GLIMCHER RLTY TR - 2000 SHS 2009-10 PURCHASE 2012-07   20,113 4,155     15,958  
    GLIMCHER RLTY TR - 1300 SHS 2009-10 PURCHASE 2012-07   12,207 2,506     9,701  
    GLIMCHER RLTY TR - 1700 SHS 2009-10 PURCHASE 2012-07   16,468 3,278     13,190  
    GOLDMAN SACH GROUP - 500 SHS 2010-05 PURCHASE 2012-06   47,628 70,721     -23,093  
    GOLDMAN SACH GROUP - 500 SHS 2010-06 PURCHASE 2012-06   47,628 65,928     -18,300  
    GOLDMAN SACH GROUP - 1000 SHS 2010-06 PURCHASE 2012-07   96,291 131,856     -35,565  
    GOLDMAN SACH GROUP - 1000 SHS 2011-03 PURCHASE 2012-07   96,291 158,708     -62,417  
    GOLDMAN SACH GROUP -1000 SHS 2011-03 PURCHASE 2012-07   96,291 156,696     -60,405  
    GREIF INC. - 1000 SHS 2009-10 PURCHASE 2012-05   44,832 53,553     -8,721  
    GREIF INC. - 400 SHS 2010-05 PURCHASE 2012-07   16,191 20,924     -4,733  
    GREIF INC. - 600 SHS 2010-05 PURCHASE 2012-07   24,160 31,386     -7,226  
    HUNTINGTOIN BANCSHARES - 10000 SHS 2009-09 PURCHASE 2012-06   62,392 40,400     21,992  
    HUNTINGTOIN BANCSHARES - 3000 SHS 2009-10 PURCHASE 2012-07   18,511 11,462     7,049  
    HUNTINGTOIN BANCSHARES - 2000 SHS 2009-12 PURCHASE 2012-07   12,341 7,479     4,862  
    LAZARD LTD - 1500 SHS 2009-10 PURCHASE 2012-07   36,231 56,715     -20,484  
    LAZARD LTD - 500 SHS 2009-10 PURCHASE 2012-07   12,205 18,905     -6,700  
    LAZARD LTD - 1000 SHS 2010-05 PURCHASE 2012-07   24,411 35,627     -11,216  
    PHILLIPS 66 - 1250 SHS 2009-06 PURCHASE 2012-07   44,568 26,180     18,388  
    PHILLIPS 66 - 2000 SHS 2009-06 PURCHASE 2012-07   70,917 41,889     29,028  
    PHILLIPS 66 - 300 SHS 2010-05 PURCHASE 2012-07   10,638 7,488     3,150  
    SUN LIFE - 2000 SHS 2009-10 PURCHASE 2012-07   39,212 54,907     -15,695  
    MEAD JOHNSON NUTRITION - 100 SHS 2009-10 PURCHASE 2012-09   7,599 7,046     553  
    MOTOROLA - 300 SHS 2012-01 PURCHASE 2012-05   12,000 11,556     444  
    NETLOGIC - 300 SHS 2011-09 PURCHASE 2012-02   15,000 14,464     536  
    PENTAIR - .9910 SH 2011-10 PURCHASE 2012-09   42 29     13  
    RIGHTNOW - 200 SHS 2011-11 PURCHASE 2012-01   8,600 8,587     13  
    TELEPHONE & DATA SYS - .40 SH 2011-09 PURCHASE 2012-01   11 9     2  
    TEMPLE INLAND - 300 SHS 2011-09 PURCHASE 2012-02   9,600 9,399     201  
    THOMAS & BETTS - 150 SHS 2011-09 PURCHASE 2012-05   10,800 6,551     4,249  
    KRAFT FOODS - .6668 SH 2011-09 PURCHASE 2012-10   30 24     6  
    ABN AMBO BANK - 500 SHS 2011-09 PURCHASE 2012-07   4,900 4,900        

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN EAGLE OUTFITTERS    
    BANK OF AMERICA CORP    
    CAPITAL BANCORP 4,578 100
    CITIGROUP    
    CISCO SYSTEMS, INC.    
    CONOCO PHILLIPS    
    FIFTH THIRD BANCORP    
    GABELLI & COMPANY BROKAGE 286,094 356,572
    GENERAL ELECTRIC CO.    
    GLIMCHER REALTY TRUST    
    GOLDMAN SACHS GROUP    
    GREIF, INC.    
    HUNTINGTON BANCSHARES    
    LAZARD, LTD.    
    SUN LIFE FINANCIAL, INC.    
    NO SUPRISE SLFWARE 100,000 100,000

    TY 2012 InvestmentsOtherSchedule2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MB DISLOCATION OPPORTUNITY FUND, LP AT COST 679,818 679,818
    NET RETURN FUND, LTD AT COST 150,000 187,274
    TAMARACK GLOBAL HELTHCARE FUND, LP AT COST    
    HALCYON OFFSHORE ASSET BACKED VALUE AT COST 300,000 428,604
    MULTI ASSET CONSERVATIVE SEG-CLASS A AT COST    
    MULTI ASSET MODERATE SEG-CLASS A AT COST    
    N/W INSURANCE UNIVERSAL LIFE POLICY AT COST    
    PINGEL DESIGN GROUP AT COST    
    SFD INVESTMENTS, LLC AT COST 5,942 5,942
    LAZARD, LTD CLARENDON HOUSE AT COST    
    SW FUNDING LLC - PARTNERSHIP AT COST 855,122 855,122
    ALCEON FUND, LLC - S-CORPORATION AT COST    
    PROTISUN INVEATORS, LLC AT COST 48,015 48,015
    1953 INDY REOADSTER AT COST 27,000 27,000
    SPARC HOLDING, LLC AT COST 1,487,023 1,487,023

    TY 2012 LandEtcSchedule2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    13780 ROSEWOOD RD NE 227,515   227,515 227,515
    13808 ROSEWOOD RD NE 227,515   227,515 227,515


    TY 2012 LegalFeesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL COUNSEL 4,323 3,242 3,242 1,081


    TY 2012 OtherDecreasesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Description Amount
    ADJUST COST BASIS OF INVESTMENTS 158,776


    TY 2012 OtherExpensesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK SERVICE CHARGES 444 333 333 111
    OFFICE EXPENSE        
    TRUSTEE FEE 150,000 112,500 112,500 37,500
    SW FUNDING OPERATING LOSS 11,712 11,712 11,712  
    SW FUNDING RENTAL LOSS 23,884 23,884 23,884  
    MB DISLOCATION FD RENTAL LOSS 52 52 52  
    SFD INVESTMENTS, LLC OPERAATI 18 18 18  
    SPARC HOLDINGS, LLC OPERATING 404,871 404,871 404,871  
    TAMARACK GLOBAL HEALTHCARE FD 1,777 1,777 1,777  
    MISCELLANEOUS 134 67 67 67
    ADMINISTRATIVE FEE 1,841 921 921 920


    TY 2012 OtherIncomeSchedule2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MB DISLOCATION OPPROTUNITY FU 27 27 27
    AMERICAN EXPESS REBATE 677   677
    MB DISLOCATION ORDINARY INCOM 819   819
    MB DISLOCATION PORTFOLIO INC 508   508
    MISCELLANEOUS 360   360


    TY 2012 OtherIncreasesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Description Amount
    ASSETS CONTRIBUTED BY GRANTOR 96,000


    TY 2012 OtherLiabilitiesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Description Beginning of Year - Book Value End of Year - Book Value
    N/P- SCHOTTENSTEIN FOUNDATION C   800,000
    INTEREST -LSCHOTTENSTEIN FOUND.- C   9,644
    REAL ESTATE TAXES   4,811


    TY 2012 OtherNotesLoansRcvblShortSch2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Name of 501(c)(3) Organization Balance Due
    GLAVAN & ASSOCIARES PRODUCTIONS IN
          		25,178
    GEFFEN
          		1,227,583
    21 E STATE ST
          		91,780
    LION ISLAND
          		250,000
    ORANGE LAND
          		5,220
    TRAMARACK GLOBAL
          		12,788


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES- 3,486 3,486 3,486  


    TY 2012 TaxesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION D
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID ON DIVIDENDS 214 214 214  
    OHIO CHARITABLE REGISTRATION FEE 200     200
    FEDERAL EXCISE TAXES 2,176 2,176 2,176  
    NJ TAXES ON SW FUNDING INCOME 24,087 24,087 24,087  
    REAL ESTATE TAXES 4,811 4,811 4,811