Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
Henry and Sara Sheehan Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)310 N Kensington Avenue   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
La Grange Park, IL605261870
A Employer identification number

45-4126770
B Telephone number (see instructions)

(708) 482-4820
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$3,919,637J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 2,621,474
2 Check bullet
3 Interest on savings and temporary cash investments 68    
4 Dividends and interest from securities...... 44,802    
5a Gross rents.............. 10,000    
b Net rental income or (loss) 10,000
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 73,307
b Gross sales price for all assets on line 6a 835,133
7 Capital gain net income (from Part IV, line 2)... 73,307
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).......      
12 Total. Add lines 1 through 11........ 2,749,651 73,307  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 49,000     49,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 11,827     11,827
b Accounting fees (attach schedule)....... Click to see attachment 6,238 1,000   5,238
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 4,750   583 4,167
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 510     510
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 26,296 14,010   12,306
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 98,621 15,010 583 83,048
25 Contributions, gifts, grants paid........ 24,000 24,000
26 Total expenses and disbursements. Add lines 24 and 25 122,621 15,010 583 107,048
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,627,030
b Net investment income (if negative, enter -0-) 58,297
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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............... 47,429 -756 -756
2 Savings and temporary cash investments.......... 56,391 354,449 354,449
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 instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
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)........ 974,387 Click to see attachment721,683 945,865
c Investments—corporate bonds (attach schedule)........   Click to see attachment541,503 536,115
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     2,076,381 2,076,381
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 455 Click to see attachment2,853 2,853
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment4,730 Click to see attachment4,730
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,078,662 3,700,843 3,919,637
Liabilities 17 Accounts payable and accrued expenses.......... 6,467 1,618
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)    
23 Total liabilities (add lines 17 through 22).......... 6,467 1,618
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 1,072,195 3,699,225
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).................... 1,072,195 3,699,225
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,078,662 3,700,843
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 1,072,195
2 Enter amount from Part I, line 27a..................... 2 2,627,030
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 3,699,225
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,699,225
Form 990-PF (2013)
Form 990-PF (2013)
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.)
1 a Allergian, Inc., 38 shares D 2012-12-31 2013-07-11
b Disney Walt Co., 50 shares D 2013-07-02 2013-07-30
c Freeport McMoran Copper & Gold, 275 shares D 2012-12-31 2013-07-02
d General Mills, Inc., 300 shares D 2013-04-01 2013-12-16
e Grainger, 35 shares D 2013-02-28 2013-06-20
Johnson & Johnson, 50 shares D 2013-10-17 2013-12-16
Kroger, 259 shares D 2012-12-19 2013-06-20
Pimco Total Return Fund, 670.841 shares D 2013-05-24 2013-12-16
Select Sector SPDR Trust Utilities, 200 shares D 2012-12-31 2013-06-20
SPDR Dow Jones REIT, 50 shares D 2013-06-20 2013-06-20
SPDR Gold Trust, 30 shares D 2012-11-21 2013-04-01
Union Pacific Corp., 25 shares D 2012-12-31 2013-06-20
Vanguard Inflation Protected, 1745.201 shares D 2012-12-28 2013-04-01
Vanguard Inflation Protected, 4180.664 shares D 2012-12-28 2013-02-22
Vanguard Inflation Protected, 5446.463 shares D 2012-12-28 2013-03-06
Verizon Comm., 200 shares D 2012-12-31 2013-11-06
Westport Select Cap CL, 251.085 shares D 2012-12-31 2013-02-01
Allergan, 62 shares D 2012-01-05 2013-07-11
Apple Computer, 10 shares D 2012-03-14 2013-05-20
Apple Computer, 10 shares D 2012-03-14 2013-07-02
Chevron-Texaco, 25 shares D 2012-04-17 2013-11-06
Coca-Cola. 50 shares D 2012-07-30 2013-12-16
Disney Walt Co., 25 shares D 2012-06-08 2013-07-02
Disney Walt Co., 100 shares D 2012-06-08 2013-11-06
Disney Walt Co., 50 shares D 2012-11-21 2013-12-16
Freeport, McMoran, Copper & Gold, 75 shares D 2012-12-31 2013-07-02
Gilead Sciences, Inc., 61 shares D 2012-11-21 2013-12-16
Intel Corp., 400 shares D 2012-01-01 2013-08-20
McDonalds Corp., 50 shares D 2012-02-17 2013-07-02
McDonalds Corp., 50 shares D 2012-02-17 2013-11-06
Monsanto Co., 135 shares D 2012-01-01 2013-11-06
Oracle Corp., 25 shares D 2012-01-27 2013-02-22
Pimco Low Duration, 1902.95 shares D 2012-01-05 2013-04-15
Pimco Low Duration, 11269.537 shares D 2012-01-05 2013-12-16
Pimco Low Duration, 7877.006 shares D 2012-01-05 2013-12-16
SPDR Dow Jones REIT, 50 shares D 2012-02-15 2013-05-20
SPDR S&P Dividends ETF, 315 shares D 2012-01-01 2013-12-16
Time Warner, Inc., 50 shares D 2012-11-21 2013-12-16
Vanguard Inflation Protected Ecs, 6527.415 shares D 2012-01-05 2013-02-01
Vanguard Inflation Protected Ecs, 4514.988 shares D 2012-01-05 2013-02-22
Westport Select Cap CL., 72.485 shares D 2012-01-05 2013-02-01
SPDR Gold Trust, 20 shares D 2012-01-26 2013-04-01
FMI Large Cap FD, 497.265 shares D 2013-05-24 2013-07-02
SPDR Gold Trust D 2012-01-26 2013-12-31
SPDR Gold Trust D 2012-11-21 2013-12-31
Chevron-Texaco Corp., 15 shares D 2012-01-03 2013-11-06
Exxon Mobil Corp., 200 shares D 2011-12-25 2013-02-01
Exxon Mobil Corp., 100 shares D 2011-12-25 2013-03-06
Exxon Mobil Corp., 200 shares D 2011-12-25 2013-04-12
Exxon Mobil Corp., 50 shares D 2011-01-03 2013-11-06
Johnson & Johnson, 50 shares D 2011-01-03 2013-12-16
SPDR S&P Dividend ETF, 85 shares D 2011-01-03 2013-12-16
Vanguard Inflation Protected, 4014.27 shares D 2012-01-11 2013-07-02
SPDR Gold Trust D 2012-01-26 2013-12-31
Alliance Data Systems Corp., 50 shares D 1955-05-05 2013-06-20
Comcast Corp., 75 shares D 2011-01-03 2013-11-06
(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 3,401 0 4,033 -632
b 3,197 0 2,502 695
c 7,675 0 9,679 -2,004
d 14,911 0 14,620 291
e 8,965 0 7,791 1,174
4,563 0 4,585 -22
8,961 0 6,889 2,072
7,212 0 7,500 -288
7,427 0 7,436 -9
3,724 0 3,458 266
4,637 0 5,022 -385
2,892 0 2,892 0
49,564 0 50,000 -436
48,078 0 49,186 -1,108
62,852 0 63,314 -462
10,105 0 9,543 562
5,228 0 6,492 -1,264
5,548 0 5,797 -249
4,443 0 5,935 -1,492
4,189 0 5,833 -1,644
3,021 0 2,600 421
1,961 0 1,992 -31
1,599 0 1,081 518
6,912 0 4,450 2,462
3,518 0 2,441 1,077
2,093 0 3,084 -991
4,368 0 2,299 2,069
9,002 0 10,662 -1,660
5,001 0 4,987 14
4,892 0 4,770 122
13,961 0 4,162 9,799
864 0 710 154
20,019 0 19,600 419
116,640 0 116,076 564
84,678 0 87,500 -2,822
4,257 0 3,447 810
22,722 0 17,497 5,225
3,306 0 2,259 1,047
75,000 0 73,890 1,110
51,922 0 51,110 812
1,509 0 1,750 -241
3,092 0 3,344 -252
9,796 0 10,000 -204
1 0 1 0
5 0 5 0
1,813 0 1,626 187
17,971 0 0 17,971
8,926 0 0 8,926
17,769 0 0 17,769
4,654 0 4,339 315
4,563 0 3,467 1,096
6,131 0 4,726 1,405
43,153 0 45,443 -2,290
2 0 2 0
8,857 0 0 8,857
3,584 0 0 3,584
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 0 0 0 -632
b 0 0 0 695
c 0 0 0 -2,004
d 0 0 0 291
e 0 0 0 1,174
0 0 0 -22
0 0 0 2,072
0 0 0 -288
0 0 0 -9
0 0 0 266
0 0 0 -385
0 0 0 0
0 0 0 -436
0 0 0 -1,108
0 0 0 -462
0 0 0 562
0 0 0 -1,264
0 0 0 -249
0 0 0 -1,492
0 0 0 -1,644
0 0 0 421
0 0 0 -31
0 0 0 518
0 0 0 2,462
0 0 0 1,077
0 0 0 -991
0 0 0 2,069
0 0 0 -1,660
0 0 0 14
0 0 0 122
0 0 0 9,799
0 0 0 154
0 0 0 419
0 0 0 564
0 0 0 -2,822
0 0 0 810
0 0 0 5,225
0 0 0 1,047
0 0 0 1,110
0 0 0 812
0 0 0 -241
0 0 0 -252
0 0 0 -204
0 0 0 0
0 0 0 0
0 0 0 187
0 0 0 17,971
0 0 0 8,926
0 0 0 17,769
0 0 0 315
0 0 0 1,096
0 0 0 1,405
0 0 0 -2,290
0 0 0 0
0 0 0 8,857
0 0 0 3,584
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 73,307
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 -2,745
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))
2012 75,715 468,647 0.161561
2011     0.000000
2010      
2009      
2008      
2 Total of line 1, column (d) ...................... 2 0.161561
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 0.080781
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 2,629,724
5 Multiply line 4 by line 3....................... 5 212,432
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 583
7 Add lines 5 and 6......................... 7 213,015
8 Enter qualifying distributions from Part XII, line 4.............. 8 107,048
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 (2013)
Form 990-PF (2013)
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 1,166
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 0
3 Add lines 1 and 2............................ 3 1,166
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 1,166
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 1,077
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.............. Part VI Line 7 - Tax Paid Original Return: 1077 7 1,077
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 89
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet0 RefundedBullet 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
 
No
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)
    bulletIL
    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
    Yes
     
    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 2013 or the taxable year beginning in 2013 (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
    Yes
     
    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 addressbulletsarascholarship.org
    14
    The books are in care ofbulletJOSEPH S WITKOWSKI EXECUTIVE DIRECT Telephone no.bullet (708) 482-4820
    Located atbullet310 N Kensington AvenueLa Grange ParkIL ZIP+4bullet605261870
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    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 (2013)
    Form 990-PF (2013)
    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 2013?.............
    1c
     
    No
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    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 2013?
    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 (2013)
    Form 990-PF (2013)
    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
    ROBERT J WAGNER Director/President
    1.00     		200 0 60
    108 N Walkup Avenue
    Crystal Lake,IL60014
    JOSEPH S WITKOWSKI Executive Director
    10.00     		48,000 0 2,261
    547 N LaGrange Road
    La Grange,IL60525
    LINDA BYKOWSKI Treasurer
    1.00     		200 0 0
    816 Regner Road
    McHenry,IL60051
    BILLIE J PAIGE Director
    1.00     		200 0 48
    24725 South Chestnut Lane
    Crete,IL60417
    SUSAN KUTCHTA Director
    1.00     		200 0 51
    28572 Windmere Ct
    Lake Bluff,IL60044
    CATHERINE DICKSON Director
    1.00     		200 0 352
    3045 Country Knoll Dr
    St Charles,MO63303
    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 0
    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.............bullet0
    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 Administration of scholarship awards program 83,048
    2 Recipent scholarship awards issued 24,000
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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  
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    131,486
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    1,166
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,166
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    130,320
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    130,320
    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
    130,320
    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
     
    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
     
    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
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 130,320
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 22,532
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012....... 76,615
    fTotal of lines 3a through e......... 76,615
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 107,048
    a Applied to 2012, but not more than line 2a 22,532
    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 2013 distributable amount..... 53,705
    e Remaining amount distributed out of corpus 30,811
    5 Excess distributions carryover applied to 2013. 76,615 76,615
    (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 30,811
    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 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		30,811
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013.... 30,811
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JOSEPH S WITKOWSKI EXECUTIVE DIRECT
    547 S LaGrange Road
    LaGrange,IL60525
    (708) 482-4820
    bThe form in which applications should be submitted and information and materials they should include:
    SARA SCHOLARSHIP APPLICATION FORM,HIGH SCHOOL TRANSCRIPT, PERSONAL ESSAY, STUDENT AID REPORT, LETTER OF RECOMMENDATION
    cAny submission deadlines:
    POSTMARKED BY MAY 5, 2014 FOR 2014 APPLICATIONS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RECIPIENT MUST BE FEMALE,COLLEGE BOUND HIGH SCHOOL SENIOR,GPA OF AT LEAST 3.1,FINANCIAL NEED,INVOLVEMENT WITH GOLF
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
    BRITTANY ANN BEST
    130 Terrace Drive
    Waukee,IA50263     		None NC Scholarship 2,000
    BROOKE WILDER-CORRIGAN
    52321 Bootjack Road
    Lake Linden,MI49945     		None NC Scholarship 2,000
    FAZELA ALISSUKHU
    230 Rosery Road Northeast
    Largo,FL33770     		None NC Scholarship 2,000
    EMILY K CUNNINGHAM
    8923 Dornoch Circle
    Winston,GA30187     		None NC Scholarship 2,000
    DAPHINE G RYAN
    PO Box 1103
    Buckhannon,WV26201     		None NC Scholarship 2,000
    KIMBERLY ANN KIM
    1968 N Crenshaw Circle
    Vernon Hills,IL60061     		None NC Scholarship 2,000
    KELLI J NIEMEIER
    1033 Frontier Road
    Beatrice,NE68310     		None NC Scholarship 2,000
    DOLLY TATE
    23525 Rensselaer
    Oak Park,MI48237     		None NC Scholarship 2,000
    DOMINQUE LUONGO
    801 Seasage Drive
    Delray Beach,FL33483     		None NC Scholarship 2,000
    MICHELE KES
    4224 Sharron Place
    San Diego,CA92115     		None NC Scholarship 2,000
    KATHY VILAYSITH
    4364-1/2 52nd Street
    San Diego,CA92115     		None NC Scholarship 2,000
    KYLIE BLUM
    1505 Cleveland Avenue
    Charles City,IA50616     		None NC Scholarship 2,000
    Total .................................bullet 3a 24,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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....          
    3
    Interest on savings and temporary cash investments ............     		        68
    4 Dividends and interest from securities....         44,802
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 532000 10,000      
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    3 73,307  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 10,000 73,307 44,870
    13Total. Add line 12, columns (b), (d), and (e)..................
    13128,177
    (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 Investment income
    4 Investment income
    8 Income from sales of investment portfolio-reinvested proceeds
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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 (2013)
    Additional Data


    Software ID:  
    Software Version:  
    Part VI Line 7 - Tax Paid Original Return: 1077


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    Henry and Sara Sheehan Foundation
     
    Employer identification number

    45-4126770
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    Henry and Sara Sheehan Foundation
          		Employer identification number

    45-4126770
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Sara Sheehan Trust Dated 12212000
     

       
    c/o Robert Wagner108 N Walkup Avenu
     
    Crystal Lake, IL60014

    		$350,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Sheehan Limited Family Partnership
     

       
    c/o Robert Wagner108 N Walkup Avenu
     
    Crystal Lake, IL60014

    		$10,942


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Sheehan Limited Family Partnership
     

       
    c/o Robert Wagner108 N Walkup Avenu
     
    Crystal Lake, IL60014

    		$2,076,381


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    Sheehan Family Trust
     

       
    c/o Robert Wagner108 N Walkup Avenu
     
    Crystal Lake, IL60014

    		$94,755


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    Sara H Sheehan Descendants Trust
     

       
    c/o Robert Wagner108 N Walkup Avenu
     
    Crystal Lake, IL60014

    		$89,396


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    Henry and Sara Sheehan Foundation
          		Employer identification number

    45-4126770
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    3
    		 [1] TRANSFER OF 50% INTEREST OF OGDEN PLACE TO AFFILIATE, OGDEN AVENUE HOLDINGS, LLC [2] RECORD TRAN $2,076,381 2013-05-31
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    Henry and Sara Sheehan Foundation
          		Employer identification number

    45-4126770
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Stein CPAs PC Tax preparation 6,238      

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

    TY 2013 GainLossSaleOtherAssetsSch
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Sale of investments   Donated   VARIOUS - REFER TO PART IV 835,133 761,826 Cost   73,307  

    TY 2013 GeneralExplanationAttachment
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Identifier Return Reference Explanation
      Part VII-A, Question 10-Substantial Contributor Statement: REFER TO LIST REPORTED ON FORM 990-PF, SCHEDULE B, PART I. ROBERT J. WAGNER, TRUSTEE 108 N. WALKUP AVENUE CRYSTAL LAKE, IL 60014

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Bank of Nova Scotia 1.375% 07.15.2016 50,655 50,550
    Cisco Systems 3.15% 03.14.2017 27,093 26,455
    EMC Corp 1.875% 06.01.2018 34,929 34,602
    T.Rowe Price ST Bond Fund 135,000 133,605
    Shell Intl. 1.125% 08.21.2017 49,532 49,311
    Toronto Dominion Bank 1.40% 04.30.2018 49,259 48,649
    Vanguard Fixed Income ST Corp Admiral Shares 145,000 143,123
    Walmart Stores, Inc. 1.95% 12.15.2018 50,035 49,820

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Eaton Corp PLC, 250 shares 15,220 19,030
    Ace Limited New, 100 shares 9,182 10,353
    Amgen Inc.. 170 shares 12,860 19,394
    Apple, Inc., 35 shares 17,169 19,636
    Boeing Co., 200 shares 17,230 27,298
    Bristol Myers-Squibb Co.,300 shares 9,740 15,945
    CVS Caremark Corp., 300 shares 15,943 21,471
    Celgene Corp., 50 shares 8,195 8,448
    Chevron Corp., 175 shares 14,534 21,859
    Cisco Systems, Inc., 700 shares 16,844 15,701
    Coca-Cola Co., 600 shares 16,829 24,786
    Comcast Corp New CL A, 400 shares 10,955 20,786
    Conoco-Phillips, 250 shares 16,010 17,663
    Danaher Corp., 300 shares 18,622 23,160
    Disney Walt Co., 250 shares 10,979 19,100
    DuPont EI DeNemours & Co., 200 shares 10,242 12,994
    Express Scripts Holding Co., 350 shares 20,279 24,584
    Exxon Mobil Corp., 200 shares   20,240
    General Electric Co., 700 shares 16,474 19,621
    Gilead Sciences, Inc., 550 shares 10,609 41,305
    Google, Inc., 32 shares 21,811 35,863
    American Funds Growth Funds, 760.228 shares 30,000 32,652
    Haliburton Holding, 500 shares 22,827 25,375
    Illinois Tool Works, Inc., 295 shares 16,619 24,804
    Intel Corp., 400 shares 8,545 10,382
    International Business Machines, 100 shares 20,664 18,757
    Johnson Controls, Inc., 400 shares 19,086 20,520
    Lowes Co., 325 shares 9,556 16,104
    McDonalds Corp., 150 shares 13,139 14,555
    Pfizer Inc., 750 shares 14,414 22,973
    Phillip Morris Intl. Inc., 150 shares 13,279 13,070
    Proctor & Gamble, 200 shares 15,216 16,282
    Prudential Financial Inc., 350 shares 21,291 32,277
    Qualcomm, Inc., 300 shares 19,188 22,275
    Rw Funds Mid Cap, 3255.585 shares 45,000 44,374
    Time Warner, Inc., 250 shares 12,319 17,430
    US Bancorp Del New, 600 shares 20,006 24,240
    United Parcel Services, Inc., 225 shares 17,580 23,643
    Verizon Comm., 200 shares 8,929 9,828
    Walmart Stores, Inc., 235 shares 16,734 18,492
    Walgreen Co., 400 shares 22,210 22,976
    Wasatch Core Growth Fund, 874.210 shares 45,000 48,379
    Wells Fargo & Co. New, 600 shares 20,354 27,240

    TY 2013 InvestmentsOtherSchedule2
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Accrued income - Equities Investments   1,185 1,185
    Accrued income - Fixed Income Investments   1,668 1,668

    TY 2013 LegalFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Hoogendoorn & Talbot LLP Legal services 11,827      


    TY 2013 OtherAssetsSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Website   4,730 4,730
    Website   4,730 4,730
    Website   4,730 4,730


    TY 2013 OtherAssetsSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Website   4,730 4,730
    Website   4,730 4,730
    Website   4,730 4,730


    TY 2013 OtherAssetsSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Website   4,730 4,730
    Website   4,730 4,730
    Website   4,730 4,730


    TY 2013 OtherExpensesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Banking, fees and licenses 28     48
    Insurance 4,810     4,810
    Other office services 2,543     2,543
    Supplies 2,541     2,541
    Investment fees and deductions 14,010 14,010    
    Amortization 2,364     2,364


    TY 2013 TaxesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN: 45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Payroll taxes 4,167     4,167
    Investment income excise tax 583   583