Form990-PF

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
OSA FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)351 W HUBBARD STREETROOM/SUITE 600Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60654
A Employer identification number

72-1589724
B Telephone number (see instructions)

(312) 920-9490
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$7,692,792J 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 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 276,990 276,990  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 735,391
b Gross sales price for all assets on line 6a 2,544,920
7 Capital gain net income (from Part IV, line 2)... 735,391
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 191 191  
12 Total. Add lines 1 through 11........ 1,012,572 1,012,572  
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 443      
b Accounting fees (attach schedule)....... Click to see attachment 5,000 2,500    
c Other professional fees (attach schedule).... Click to see attachment 38,542 36,022    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 13,187 27    
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 18,256 15,815   2,376
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 75,428 54,364   2,376
25 Contributions, gifts, grants paid........ 400,000 400,000
26 Total expenses and disbursements. Add lines 24 and 25 475,428 54,364   402,376
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 537,144
b Net investment income (if negative, enter -0-) 958,208
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............... 1,082,826 594,142 594,142
2 Savings and temporary cash investments..........      
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)........ 3,276,937 Click to see attachment4,238,679 5,085,665
c Investments—corporate bonds (attach schedule)........ 1,117,833 Click to see attachment1,113,065 1,116,367
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 792,847 Click to see attachment862,153 884,208
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment12,862 Click to see attachment12,410 Click to see attachment12,410
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,283,305 6,820,449 7,692,792
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)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
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 6,283,305 6,820,449
30 Total net assets or fund balances (see page 17 of the
instructions).................... 6,283,305 6,820,449
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,283,305 6,820,449
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 6,283,305
2 Enter amount from Part I, line 27a..................... 2 537,144
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 6,820,449
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 6,820,449
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 PUBLICLY TRADED SECURITIES P    
b ST PARTNERSHIP PASSTHROUGH GAIN P    
c LT PARTNERSHIP PASSTHROUGH GAIN P    
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 2,521,785   1,809,529 712,256
b 284     284
c 22,851     22,851
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       712,256
b       284
c       22,851
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 2 735,391
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 3 284
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 330,418 6,071,726 0.054419
2011 313,547 6,215,286 0.050448
2010 280,222 6,006,917 0.046650
2009 276,254 5,166,759 0.053468
2008 265,051 5,395,498 0.049124
2 Total of line 1, column (d) ...................... 2 0.254109
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 0.050822
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 7,343,778
5 Multiply line 4 by line 3....................... 5 373,225
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 9,582
7 Add lines 5 and 6......................... 7 382,807
8 Enter qualifying distributions from Part XII, line 4.............. 8 402,376
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 9,582
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 9,582
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 9,582
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 7,536
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 3,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,536
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 14
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 10 940
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet940 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
     
    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 addressbulletWWW.THEOSAFOUNDATION.ORG
    14
    The books are in care ofbulletJACK AND ROBIN LAVIN Telephone no.bullet (312) 920-9490
    Located atbullet351 W HUBBARD STREETCHICAGOIL ZIP+4bullet606541760
    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
     
     
    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
    ROBIN LAVINClick to see attachment PRESIDENT/SE
    30.00     		0 0 0
    351 W HUBBARD STREET
    SUITE 600
    CHICAGO,IL60654
    JACK LAVINClick to see attachment V.P./TREASUR
    1.00     		0 0 0
    351 W HUBBARD STREET
    SUITE 600
    CHICAGO,IL60654
    MITCHELL KENTClick to see attachment DIRECTOR
    0.50     		0 0 0
    351 W HUBBARD STREET
    SUITE 600
    CHICAGO,IL60654
    ERIC LAVINClick to see attachment DIRECTOR
    1.00     		0 0 0
    351 W HUBBARD STREET
    SUITE 600
    CHICAGO,IL60654
    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 (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 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
     
    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
    367,189
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    9,582
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,582
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    357,607
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    357,607
    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
    357,607
    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 7 357,607
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 216,580
    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.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 402,376
    a Applied to 2012, but not more than line 2a 216,580
    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..... 185,796
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2013.    
    (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  
    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 ..........     		171,811
    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 ......     		 
    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....  
    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).)
    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 of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    A BETTER CHICAGO
    222 MERCHANDISE MART PLAZ
    SUITE 1212
    CHICAGO,IL60654     		NONE PUBLIC PROJECT IMPACT 25,000
    ASSOCIATED COLLEGES OF ILLINOIS
    70 EAST LAKE STREET
    STE 1418
    CHICAGO,IL60601     		NONE PUBLIC SUMMER ACADEMY, MUCHIN CAMPUS STDNTS 15,000
    CHICAGO COALITION FOR HOMELESS
    70 E LAKE ST 720
    CHICAGO,IL60601     		NONE PUBLIC SCHOLARSHIP AND LABTOP PROGRAM 10,000
    CHICAGO FOUNDATION FOR WOMEN
    1 E WACKER DR STE 1620
    CHICAGO,IL60601     		NONE PUBLIC RESOURCE TRAINING 10,000
    COWEN INSTITUTE
    1555 POYDRAS ST
    SUITE 700
    NEW ORLEANS,LA70112     		NONE PUBLIC SPENO PROJECT 15,000
    EDUCATORS FOR EXCELLENCE
    333 W 39TH STREET
    STE 703
    NEW YORK,NY10018     		NONE PUBLIC CHICAGO LAUNCH 15,000
    EMBARC INC
    PO BOX 221450
    CHICAGO,IL60622     		NONE PUBLIC GENERAL OPERATING 15,000
    GIRLS IN THE GAME - VARSITY SQUAD
    1501 W RANDOLPH ST
    CHICAGO,IL60607     		NONE PUBLIC TEEN PROGRAMING 30,000
    HEALTHY SHOOLS CAMPAIGN
    205 WEST MONROE
    FOURTH FLOOR
    CHICAGO,IL60607     		NONE PUBLIC CHANGE FOR GOOD 25,000
    INTRINSIC SCHOOLS
    4517 N ARTESIAN
    CHICAGO,IL60625     		NONE PUBLIC TECHNOLOGICAL PROGAMS 20,000
    KIPP CHICAGO
    135 MAIN STREET STE 1700
    SAN FRANCISCO,CA94105     		NONE PUBLIC INSTRUCTIONAL TECHNOLOGY 25,000
    NAMASTE CHARTER SCHOOL
    3737 S PAULINA
    CHICAGO,IL60609     		NONE PUBLIC GENERAL OPERATING 25,000
    NATIONAL COUNCIL ON TEACHER QUALITY
    1120 G STREETNW STE 800
    WASHINGTON,DC20005     		NONE PUBLIC TEACHER PREP EVALUATION 20,000
    NOBLE STREET CHARTER SCHOOLS
    1010 N NOBLE STREET
    CHICAGO,IL60640     		NONE PUBLIC CHICAGO BULLS CAMPUS, STAFF DVLPMNT 25,000
    ONE GOAL
    215 W SUPERIOR STE 700
    CHICAGO,IL60654     		NONE PUBLIC GENERAL OPERATING 25,000
    POSSE CHICAGO
    111 WEST JACKSON BLVD
    STE 1900
    CHICAGO,IL60607     		NONE PUBLIC GENERAL OPERATING 30,000
    SPARK PROGRAM
    223 W JACKSON STE 600
    CHICAGO,IL60606     		NONE PUBLIC GENERAL OPERATING 25,000
    UNIVERISTY OF ILLINOIS CHICAGO
    1200 WEST HARRISON STREET
    CHICAGO,IL60607     		NONE PUBLIC URBAN EDUCATION LEADERSHIP 20,000
    YEAR UP CHICAGO
    223 W JACKSON BLVD 400
    CHICAGO,IL60606     		NONE PUBLIC GENERAL OPERATING 25,000
    Total .................................bullet 3a 400,000
    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 ............     		         
    4 Dividends and interest from securities....     14 276,990  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     14 191  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 735,391  
    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)..   1,012,572  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,012,572
    (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.)
    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:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,000 2,500    

    TY 2013 CompensationExplanation
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Person Name Explanation
    ROBIN LAVIN  
    JACK LAVIN  
    MITCHELL KENT  
    ERIC LAVIN  

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TOTAL PRIOR YEAR    
    COMCAST CORP 100,063 100,147
    LINCOLN NATIONAL CORP 50,121 50,245
    EXELON CORP SR NT 101,521 105,430
    JP MORGAN CHASE & CO 51,541 53,440
    AMERICAN EXPRESS CREDIT 102,566 108,502
    BANK OF AMERICA CORP 50,050 49,980
    GOLDMAN SACHS GROUP INC 53,962 57,334
    KLA-TENCO CORP 58,234 58,507
    ALCOA INC 56,261 56,341
    DOW CHEMICAL CO 63,878 64,560
    DELL INC 58,228 50,375
    REPUBLIC SERVICES INC 56,854 54,831
    SYMANTEC CORP 52,186 50,710
    BEST BUY CO INC 46,500 50,375
    WAL-MART STORES INC 56,444 53,837
    BERKSHIRE HATHAWAY INC 51,594 51,552
    HEWLETT-PACKARD CO 24,785 25,456
    VERIZON COMMUNICATIONS 52,461 49,641
    SAFEWAY INC 25,816 25,104

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Name of Stock End of Year Book Value End of Year Fair Market Value
    TOTAL PRIOR YEAR    
    ACCENTURE PLC IRELAND CL A 5,763 6,084
    AEROPOSTALE INC 5,880 5,336
    AFLAC INCORPORATED 5,810 5,812
    AMERICAN EXPRESS CO. 4,059 6,170
    BALFOUR BEATTY PLC SPON ADR 5,792 6,192
    BRIGHT HORIZONS FAMILY SOLUT 5,759 6,099
    CAMDEN PROPERTY TRUST 5,810 5,688
    CAPITAL ONE FINANCIAL CORP 5,821 6,205
    CARMAX INC 5,837 5,407
    CHESAPEAKE ENERGY CORP 5,828 5,862
    CISCIO SYS INC 5,816 6,123
    DAIMLER AG 5,818 6,083
    DARDEN RESTAURANTS 5,817 5,926
    DEVON ENERGY CORP 5,795 5,878
    DREAMWORKS ANIMATION SKG INC 5,851 6,461
    EOG RESOURCES INC 5,446 5,874
    FACTSET RESEARCH SYSTEMS INC 5,776 5,538
    FEDEX CORP 5,858 6,038
    GOLDMAN SACHS GRP INC 5,774 6,027
    GOOGLE IN-CL- A 2,765 5,604
    HASBRO INC 5,820 5,941
    HITACHI 10 COM NEW ADR 5,792 5,960
    INTEL CORP 4,636 6,307
    INTUIT INC 5,772 5,953
    MARRIOTT INTL INC 5,838 6,120
    MATTEL INC 5,786 5,948
    MENS WAREHOUSE INC 5,814 5,772
    MICROSOFT CORP 5,806 5,686
    NATL INSTRUMS CP 5,824 5,924
    NETAPP INC 5,817 5,801
    NORDSTROM INC 5,810 5,747
    NOVO NORDISK A/S ADR 2,323 5,912
    NUSTAR ENERGY LP UNIT COM 5,715 5,558
    QUALCOMM INC 3,291 5,866
    RACKSPACE HOSTING INC 5,839 5,948
    ROCHE HOLDINGS ADR 5,821 5,827
    SALESFORCE.COM, INC 5,809 6,126
    STARBUCKS CORP WASHINGTON 5,804 5,566
    STRYKER CORP 5,824 5,861
    ULTIMATE SOFTWARE GP INC 5,802 5,669
    UMPQUA HOLDINGS CORP 5,842 6,067
    W W GRAINGER INC 5,953 5,875
    WHOLE FOODS MARKETS INC 5,833 5,956
    HSBC HOLDINGS PLC 55,300 53,880
    WELLS FARGO 59,700 55,920
    ARES CAPITAL CORP 49,419 49,756
    AMERICAN EXPRESS CO 9,138 12,702
    APPLE INC 32,133 46,004
    BERKSHIRE HATHAWAY CL-B NEW 24,701 30,826
    COACH INC 15,569 16,839
    COGNIZANT TECH SOLUTIONS CL A 18,155 27,265
    CUMMINS INC 19,056 22,555
    EMC CORP MASS 28,347 28,923
    EXPRESS SCRIPTS HLDGS CO COM 22,031 27,042
    GILEAD SCIENCE 6,145 11,641
    GOOGLE INC 16,339 24,656
    M&T BANK CORP 23,582 23,633
    MONSTER BEVERAGE CORP COM 10,284 13,554
    NATIONAL OILWELL VARCO INC 12,041 13,122
    PERRIGO CO LTD 18,416 18,415
    PRICELINE.COM INC 8,453 12,786
    QUALCOMM INC 26,939 30,814
    SCHLUMBERGER LTD 14,050 15,769
    STERICYCLE INC 18,520 20,330
    VARIAN MEDICAL SYS INC 15,746 16,703
    VERISK ANLYTICS CL A 15,718 18,073
    VISA INC CL A 12,909 17,814
    AIR METHODS CORP 3,935 5,243
    AMERICAN CAMPUS CMMTYS INC 4,048 2,738
    AMERISAFE INC 2,312 2,746
    BJ'S RESTAURANTS INC 2,327 2,174
    BLACKBAUD INC 1,624 4,480
    CANTEL MEDICAL CORP 1,890 2,035
    CARDTRONICS INC 2,991 4,997
    CAVIUM INC COM 2,550 2,761
    CEPHEID INC 3,824 4,434
    CLARCOR INC 4,065 5,534
    CLECO CORP HLDG CO. 5,245 5,828
    COGNEX CORP 3,972 7,636
    COHEN & STEERS INC 3,940 4,807
    COHU INC 631 630
    COMPASS MINERALS INTER INC 2,524 2,802
    CORPORATE EXEC BOARD CO 4,622 6,582
    COSTAR GROUP IN 1,843 3,692
    CUBIST PHARMACEUTICALS 2,855 4,477
    DRILL-QUIP INC 3,054 5,826
    EPAM SYSTEMS 2,381 2,271
    FEI COMPANY 5,119 7,149
    FLOTEK IND INC 2,494 3,211
    FORUM ENERGY TECHNOLGIES 4,212 4,239
    GLACIER BANCORP INC NEW 3,224 6,256
    GRAND CANYON ED INC COM 4,585 8,502
    GROUP I AUTOMOTIVE INC 5,738 6,037
    GULFPORT ENERGY CORP 2,497 3,788
    HANGER INC 4,376 5,901
    HEARTLAND EXPRESS 3,542 5,003
    HIBBETT SPORTS INC 5,194 6,379
    HITTITE MICROWAVE CORP COM 4,075 4,012
    HLTH CARE SVC GRP 3,539 4,114
    HMS HOLDINGS CORP 2,980 2,384
    IBERIA BK CORP 4,524 5,342
    ICU MEDICAL INC 4,135 4,141
    IPC THE HOSSPITALIST COMP INC 3,254 4,454
    LIFE TIME FITNES INC 3,392 3,055
    MARKETAXESS HOLDINGS INC 4,735 8,366
    MATADOR RES CO 3,565 2,982
    MEDIDATE SOLUTIONS INC COM 2,275 6,050
    MID AMER APART COM INC 4,644 4,252
    MIDDLEBY CORP DEL (MIDD) 5,125 8,630
    MOBILE MINI INC 3,127 4,324
    MONRO MUFFLER & BRAKE (MNRO) 1,596 2,536
    NATIONAL HEALTH INVESTORS INC 4,390 3,927
    NIC INC 2,905 4,352
    NORDSON CP 2,363 2,601
    NORTHWESTERN CORPORATION 4,426 4,982
    PEBBLEBROOK HOTEL TR COM 3,496 4,153
    PIER 1 IMPORTS INC 3,763 3,808
    PORTFOLIO RECOVERY ASOC INC 4,530 6,869
    POWER INTEGRATIONS INC 2,622 3,907
    PROASSURANCE CP 4,241 4,606
    PROS HLDG INC 2,186 4,190
    PROTO LABS 2,089 3,559
    RBC BEARINGS INC 4,317 5,660
    RITCHIE BROTHERS AUCTIONEERS 4,108 4,357
    ROFIN-SINAR TECH INC OLD 2,989 3,242
    RYLAND GROUP INC 4,299 4,558
    SCIQUEST INC NEW COM 1,534 2,706
    SIGNATURE BANK 3,000 4,297
    SILGAN HLDGS INC 4,202 4,802
    SOLERA HOLDINGS INC 3,616 5,165
    STEINER LEISURE LTD 1,829 1,968
    STIFEL FINANCIAL CORPORATION 4,307 5,750
    SVB FNCL GRP 2,559 4,194
    TEXAS ROADHOUSE INC CL A 3,093 4,865
    TORO CO 3,554 5,088
    TUPPERWARE BRANDS CORP 3,485 4,727
    TYLER TECHNOLOGIES INC 4,076 7,660
    UMPQUA HOLDINGS CORP 878 1,818
    UNIVERSAL FOREST PRODUCTS INC 2,655 3,389
    US ECOLOGY INC 1,646 2,597
    VIEWPOINT FINL GROUP INC 3,022 3,843
    WD 40 COMPANY 2,423 3,361
    WEST PHARMACEUTICAL SVCS INC 3,974 6,623
    ALLIANZ SE ADS (AKSEY) 1,132 2,031
    ASML HOLDING NV NY REG NEW 588 843
    ASTRAZENECA PLC ADS 1,612 1,662
    AUST NZ NK 1,921 2,539
    AXA ADS 1,957 3,263
    BARCLAYS PLC ADR 1,392 2,085
    BASF SE SP ADR 2,180 2,695
    BAYER AG SPONG ADR 1,670 3,550
    BG GROUP PLC 1,648 1,952
    BNP PARIBAS SP ADR REPSTG 2,282 3,881
    BP PLC ADS 1,912 1,993
    CENTRICA PLC SPONS ADR 754 858
    CHINA CONSTRUCTION BANK CORP 1,211 1,245
    COMPANHIA ENERGY DE MIN SP ADR 1,110 841
    DEUTSCHE TELEKOM AG 1 ORD 2,188 3,038
    ELECTRICITE DE FRANCE ADR 998 1,591
    ENI SPA AMER DEP RCPT 3,256 3,588
    ERICSSON LM TEL ADR CL B 1,464 1,836
    GDF SUEZ-SPON ADR 1,629 1,326
    HITACHI 10 COM 2,148 2,674
    HONDA MOTOR COMPANY LTD ADR 2,002 2,274
    HSBC HOLDINGS PLC SPOON ADR 4,693 5,844
    HUTCHISON WHAMPOA ARD 1,610 2,448
    ICICI BANK LTD 967 1,115
    ING GROEP NV ADR 1,004 1,905
    INTERCONTL HOTELS CP PLC 625 1,906
    KDDI CORP UNSPON ADR 1,652 1,621
    MITSUBISHI UFJ FINCL DRP ADS 3,401 3,975
    NOMURA HLDGS INC 1,657 1,639
    NORDEA NK SWEDEN AB 1,603 1,702
    NOVARTIS AG ADR 2,700 3,135
    ORIX CORP 1,639 2,851
    PEARSON PLC SP ADR 1,160 1,366
    PRUDENTIAL PLC ADR 1,297 2,745
    PUBLICIS GROUPE SA ADS 1,289 1,355
    REPSOL ADR OPT DIV RTS 1,626 1,897
    RIO TINTO PLC SPON ADR 2,186 2,653
    ROCHE HOLDINGS ADR 1,374 1,825
    ROYAL DUTCH SHELL PLC 3,751 4,490
    SCHNEIDER ELEC SA UNSP 1,583 2,001
    SEVEN & I HLDGS CO LTD ADR 1,549 2,001
    SOCIETE GENERALE SP ADR 665 850
    SUMITOMO MITSUI FINL GROUP INC 1,705 2,927
    TOYOTA MOTOR CP ADR 2,005 2,073
    TULLOW OIL PLC ADR 1,128 833
    VODAFONE GP PLC ADS 3,376 6,054
    ABBOTT LABORATORIES 8,166 9,621
    ABBVIE INC COM 7,222 10,720
    ACE LTD 6,119 6,729
    AIR PROD & CHEM INC 4,551 5,813
    ALTRIA GROUP INC 8,309 13,283
    AMERICAN EXPRESS CO 3,349 6,079
    APPLE INC 4,793 23,002
    ASML HOLDING NV NY REG 3,193 3,373
    AUTOMATIC DATA PROCESSING INC 3,075 6,302
    BLACKROCK INC 6,154 8,861
    CATERPILLAR INC 6,061 6,811
    CDN PACIFIC RY LTD 5,934 7,415
    CHEVRON CORP 14,085 20,735
    COCA COLA CO 20,632 28,256
    COMCAST CORP 4,638 5,872
    CONOCOPHILLIPS 10,562 14,413
    DIAGEO PLC SPON ADR 5,046 5,826
    EOG RESOURCES INC 2,729 2,685
    ESTEE LAUDER CO INC C LA 2,449 9,566
    EXXON MOBIL CORP 22,342 27,324
    FRANKLIN RESOURCES INC 7,631 10,680
    FREEPORT MCMORAN CP&GLD 7,151 5,925
    GENERAL ELECTRIC CO 11,466 9,362
    HSBC HOLDINGS PLC SPON ADR 5,081 5,513
    INTEL CORP 5,579 6,229
    INTL BUSINESS MACHINES CORP 9,742 12,942
    INTUITIVE SURGICAL INC 4,686 5,377
    JOHNSON & JOHNSON 9,942 14,563
    JPMORGAN CHASE & CO 11,367 17,252
    KRAFT FOODS GROUP INC 1,221 1,941
    MC DONALDS CORP 8,259 13,196
    MERCK & CO INC 2,833 5,255
    MONDELEZ INTL INC 2,301 3,883
    NESTLE SPON ADR REP REG SHR 9,258 15,160
    NEWS CORPORATION CL A 323 685
    NOVARTIS AG ADR 4,958 5,466
    NOVO NORDISH A/S ADR 7,438 9,053
    OCCIDENTAL PETROLEUM CORP DE 14,152 17,689
    ORACLE CORP 7,445 9,871
    PEPSICO INC NC 7,396 8,626
    PHILIP MORRIS INTL INC 14,303 26,139
    PHILLIPS 66 COM 1,008 2,931
    PRAZAIR INC 4,783 7,802
    PROCTER & GAMBLE 11,621 14,165
    QUALCOMM INC 6,565 7,277
    ROCHE HOLDINGS ADR 5,597 8,845
    ROYAL DUTCH SHELL PLC 10,312 11,617
    SABMILLER PLC SPONS ADR 2,170 2,718
    STATE STREET CORP 3,179 3,303
    TARGET CORPORATION 8,673 10,756
    TEXAS INSTRUMENTS 3,832 8,826
    TIME WARNER CABLE INC 1,678 3,523
    TOTAL S A SPON ADR 13,917 13,602
    TWENTY-FIRST CENTRY FOX CL A 2,498 5,346
    UNITED TECHNOLGIES CORP 7,668 12,063
    WAL MART STORES INC 5,625 8,892
    WALGREEN CO 3,397 5,801
    WALT DISNEY CO HLDG CO 4,176 6,188
    WELLS FARGO & CO 5,343 5,811
    XILINX INC 1,878 2,617
    ABB LTD 2,352 2,656
    ADIDAS-SALOMON AG SPONS ADR 1,408 2,762
    ALLIANZ SE ADS 1,718 2,139
    AMADEUS IT HLDG SA UNSPON ADR 1,102 2,651
    AMCOR LIMITED ADR 1,508 1,617
    AVAGO TECH 2,140 3,331
    BAIDU INC ADS 1,725 3,024
    BANCO BRADESCO S A 3,099 2,368
    BELLE INTL HLDGS LTD ARD 1,443 1,038
    BRAMBLES LTD UNSPON ADR 1,471 1,940
    BRITISH AMER TOB SPON ADR 2,721 3,330
    BRITISH SKY BRDCSTG GRP PLC 2,494 2,924
    BUNZL PLC 1,605 3,008
    CANADIAN NATL RAILWAY CO 1,170 1,825
    CARLSBERG AS 2,383 2,475
    CENOVUS ENERGY INC COM 1,357 1,146
    CENTRICA PLC SONS ADR 2,102 2,179
    CGI GROUPE INC CL A 1,591 2,242
    CHEUNG KONG HOLDINGS ADR 1,962 2,039
    CHINA MOBILE LTD 1,005 1,098
    CIELO SA SPONSORED ADR 709 1,204
    CNOOC LTD ADS 2,930 2,627
    COCA COLA MATIL TD SPON ADR 1,127 1,091
    COMPASS GROUP PLC SPON ADR 2,151 3,903
    DENSO CORP LTD ADR 1,109 1,693
    DEUTSCHE BOERSE AG UNSPON ADR 1,003 1,510
    DEUTSCHE POST AG SPONSORED ADR 1,159 1,725
    DEUTSCHE TELEKOM AG 1 ORD IADS 1,475 1,933
    ENCANA CORP 1,194 1,119
    ERICSSON LM TEL ADR CL B 1,618 1,567
    FANUC CORPORATION UNSP ADR 2,334 2,825
    FOMENTO ECONOMICO MEXICANO 681 979
    GALAXY ENTMNT GRP LTD SPON ADR 801 2,350
    GRUPO TELEVISA S.A. GLOBAL DEP 2,029 2,754
    HUTCHISON WHAMPOA ADR 2,107 2,448
    IMPERIAL TOBACCO GP PLC SP ADR 2,121 2,567
    INDUSTRIAL & COML BK CHINA ADR 2,186 2,132
    JULIUS BAER GROUP LTD UN ADR 1,763 2,007
    KEPPEL CORP LTD ADR SPONSORED 1,778 1,974
    KINGFISHER PLC SPONS ADR 1,047 1,618
    KOMATSU LTD SPON ADR 2,078 1,461
    NESTLE SPON ADR REP REG SHR 1,572 2,134
    NOVARTIS AG ADR 1,342 1,929
    NOVO NORDISK A/S ADR 972 1,478
    PT BK MANDIRI PERSERO TBK UNSP 1,398 1,525
    PUBLICIS GROUP SA ADS 2,221 3,653
    REED ELSEVIER PLC 2,799 4,744
    ROCHE HOLDINGS ADR 2,327 4,142
    ROYAL DUTCH SHELL PLC CL B 2,427 2,629
    SAP AG 2,834 4,183
    SCHNEIDER ELEC SA UNSP ADR 1,769 2,352
    SHIRE PLC ADR 1,669 2,685
    SMITH & NEPHEW PLC ADR 1,695 2,080
    SUNCOR ENERGY INC 2,540 2,559
    SWEDBANK AB SPONS ADR 1,151 1,982
    SYNGENTA AG ADR 1,730 2,238
    TAIWAN SMCNDCTR MFG CO LTD ADR 1,889 2,372
    TEVA PHARMACEUTICLS ADR 3,608 2,966
    TOTAL S A SPON ADR 2,467 2,941
    TOYOTA MOTOR CP ADR NEW 1,871 2,316
    TRANSCANADA CORP 1,616 1,918
    UBS AG 1,262 1,328
    UNILEVER NV NY SH 1,459 1,891
    VOLKSWAGEN AG SPONS ADR 1,030 1,919
    WPP PLC SPON NEW ADR 2,421 4,020
    OAKMARK I 401,429 480,135
    CALVERT EQUITY C 198,404 378,300
    FRANKLIN FLTH RT DLY ACCSS ADV 237,198 241,478
    GOLDMAN SACHS HIGH YLD INSTL 109,279 131,296
    LORD ABBETT SHT DURATION INC F 321,213 315,944
    TEMPLETON GLOBAL BD FD ADV 206,138 220,286
    FPA CRESCENT FD INSTL 355,949 424,809
    IVA WORLDWIDE I 355,403 396,525
    OPPENHEIMER DEVELOPING MKTS Y 381,388 411,986
    JP MORGAN INTL VALUE SMA FUND 43,799 55,848

    TY 2013 InvestmentsOtherSchedule2
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MORGAN STANLEY MORTGAGE INC F AT COST 451,698 451,698
    MERRILL LYNCH ARTHUR STREET FUND AT COST 410,455 432,510

    TY 2013 LegalFeesSchedule
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 443      


    TY 2013 OtherAssetsSchedule
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST - BONDS 12,862 12,410 12,410


    TY 2013 OtherExpensesSchedule
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DUES 1,995     1,955
    WEB EXPENSES 421     421
    FILLING FEES 25      
    ARTHUR STEET - OTHER K-1 DEDU 15,734 15,734    
    NUSTAR ENERGY - OTHER K-1 DED 81 81    


    TY 2013 OtherIncomeSchedule2
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 191 191  


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 36,022 36,022    
    CONSULTING FEES 2,520      


    TY 2013 TaxesSchedule
    Name:
    OSA FOUNDATION
    EIN: 72-1589724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 13,160      
    FOREIGN TAXES 27 27