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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE TWENTY FIRST CENTURY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 543   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NORWALK, OH44857
A Employer identification number

34-1852806
B Telephone number (see instructions)

(419) 465-2587
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$16,283,617J 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).............. 925,005
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 62,645 62,645  
4 Dividends and interest from securities...... 343,439 343,439  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,874,516
b Gross sales price for all assets on line 6a 8,938,890
7 Capital gain net income (from Part IV, line 2)... 1,874,516
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 547 547  
12 Total. Add lines 1 through 11........ 3,206,152 2,281,147  
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).........        
b Accounting fees (attach schedule)....... Click to see attachment 22,125 4,425   17,700
c Other professional fees (attach schedule).... Click to see attachment 51,000 10,200   40,800
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 21,708 2,068    
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 54,248 53,895   353
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 149,081 70,588   58,853
25 Contributions, gifts, grants paid........ 1,146,491 1,146,491
26 Total expenses and disbursements. Add lines 24 and 25 1,295,572 70,588   1,205,344
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,910,580
b Net investment income (if negative, enter -0-) 2,210,559
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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...............   2,060,241 2,060,241
2 Savings and temporary cash investments.......... 313,526 570,615 570,615
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) 868,786 Click to see attachment919,630 983,290
b Investments—corporate stock (attach schedule)........ 3,702,719 Click to see attachment3,594,700 5,383,332
c Investments—corporate bonds (attach schedule)........ 226,613 Click to see attachment1,105,968 1,109,366
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment7,383,806 Click to see attachment6,154,876 Click to see attachment6,176,773
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,495,450 14,406,030 16,283,617
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......... 500,000 500,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 11,995,450 13,906,030
30 Total net assets or fund balances (see instructions)...... 12,495,450 14,406,030
31 Total liabilities and net assets/fund balances (see instructions).. 12,495,450 14,406,030
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 12,495,450
2 Enter amount from Part I, line 27a..................... 2 1,910,580
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 14,406,030
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 14,406,030
Form 990-PF (2014)
Form 990-PF (2014)
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 SECURITIES P    
b DUKE REALTY BASIS ADJUSTMENT P    
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 8,724,185   7,059,393 1,664,792
b     4,981 -4,981
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,664,792
b       -4,981
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,874,516
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 1,659,811
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 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))
2013 477,308 14,686,535 0.032500
2012 512,755 13,301,797 0.038548
2011 545,054 11,953,049 0.045600
2010 343,295 11,716,112 0.029301
2009 472,829 10,130,583 0.046673
2 Total of line 1, column (d) ...................... 2 0.192622
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 0.038524
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 16,270,579
5 Multiply line 4 by line 3....................... 5 626,808
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 22,106
7 Add lines 5 and 6......................... 7 648,914
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,205,344
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 (2014)
Form 990-PF (2014)
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: 1999-08-01(attach copy of letter if necessary–see instructions)
b 1 22,106
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 22,106
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 22,106
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 22,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,000
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 9 106
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 2015 estimated taxBullet   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 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)
    bulletOH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    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 addressbulletN/A
    14
    The books are in care ofbulletTHOMAS W MCLAUGHLIN Telephone no.bullet (419) 465-2587
    Located atbulletP O BOX 543NORWALKOH ZIP+4bullet448578930
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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
     
    No
    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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    JOHN A BORES TRUSTEE
    2.00     		0 0 0
    11584 E CTY RD 32
    BELLEVUE,OH44811
    MARY L BORES TRUSTEE
    2.00     		0 0 0
    11584 E CTY RD 32
    BELLEVUE,OH44811
    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
    WALL STEET CONSULTING MANAGEMENT 68,000
    PO BOX 845
    NORWALK,OH44857
    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 (2014)
    Form 990-PF (2014)
    Page 8
    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 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
    16,074,450
    b
    Average of monthly cash balances.......................
    1b
    443,904
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,518,354
    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
    16,518,354
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    247,775
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,270,579
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    813,529
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    813,529
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    22,106
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,106
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    791,423
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    791,423
    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
    791,423
    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
    1,205,344
    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
    1,205,344
    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
    22,106
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,183,238
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 791,423
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 300,081
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,205,344
    a Applied to 2013, but not more than line 2a 300,081
    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 2014 distributable amount..... 791,423
    e Remaining amount distributed out of corpus 113,840
    5 Excess distributions carryover applied to 2014.    
    (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 5 113,840
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		113,840
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014.... 113,840
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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).)
    JOHN A AND MARY LBORES
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address 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 (2014)
    Form 990-PF (2014)
    Page 11
    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
    ANSWERING THE CALL TOGETHER-THOMAS
    PO BOX 564
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 1,491
    BELLEVUE FISHES LOVES
    203 MAPLE STREET
    BELLEVUE,OH44811     		  501(C)3 ORGA OPERATIONS 10,000
    BELLEVUE HIGH SCHOOL ALUMNI
    200 OAKLAND AVE
    BELLEVUE,OH44811     		  501(C)3 ORGA OPERATIONS 22,000
    BELLEVUE MINISTRIAL ASSOC
    PO BOX 182
    BELLEVUE,OH44811     		  501(C)3 ORGA GIVING TREE 2,000
    BELLEVUE PUBLIC LIBRARY
    224 E MAIN STREET
    BELLEVUE,OH44811     		  170(C)1 ORGA OPERATIONS 10,000
    BELLEVUE RECREATION CLUB
    110 CHERRY BLVD
    BELLEVUE,OH44811     		  501(C)3 ORGA OPERATIONS 10,000
    BELLEVUE UNITED SELECT FUND
    250 W MAIN STREET
    BELLEVUE,OH44811     		  501(C)3 ORGA OPERATIONS 10,000
    BENEFIT FOR SHANNON HALL
    15 JUSTIN DR
    NORWALK,OH44857     		NONE INDIVIDUAL CANCER PATIENT 500
    BIBLE BAPTIST CHURCH
    727 MYRTLE AVENUE
    WILLARD,OH44890     		  501(C)3 ORGA OPERATIONS 2,500
    CARE AND SHARE INC OF ERIE COUNTY
    241 JACKSON ST
    SANDUSKY,OH44870     		  501(C)3 ORGA OPERATIONS 10,000
    CASA OF HURON COUNTY
    2 E MAIN ST
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 2,000
    CATHOLIC CHARITIES
    34 WOODLAWN STREET
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 10,000
    CINDERELLA'S CLOSET
    PO BOX 1880
    SANDUSKY,OH44870     		  501(C)3 ORGA OPERATIONS 1,000
    EASTER SEALS
    262 STATE ROUTE 61
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 1,000
    EMILY APPELL-WESTON VASSALLO FUNDRA
    1403 WINNEBAGO AVE
    SANDUSKY,OH44870     		NONE INDIVIDUAL DAILY NEEDS 1,000
    EHOVE CAREER CENTER-PHIL SEKER FUND
    316 W MASON ROAD
    MILAN,OH44846     		  PUB SCHOOL HELPING HAND FUND 1,000
    ERIE COUNTY HUMANE SOCIETY
    1911 SUPERIOR ST
    SANDUSKY,OH44870     		  501(C)3 ORGA OPERATIONS 5,000
    FIRELANDS HABITAT FOF HUMANITY
    365 MAIN ST SUITE A
    HURON,OH44839     		  501(C)3 ORGA OPERATIONS 20,000
    FIRELANDS RAILS TO TRAILS
    44 E MAIN ST
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 2,000
    FIRST BOOK OF HURON COUNTY
    PO BOX 147
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 1,000
    FIRST CALL TO HELP
    826 W STATE ST
    FREMONT,OH43420     		  501(C)3 ORGA BELLEVUE FAMILY CHRISTMAS 2,000
    FRIENDS OF MICHAEL'S HOUSE
    203 W MADISON STREET
    SANDUSKY,OH44870     		  501(C)3 ORGA OPERATIONS 3,000
    IN HIS CARE LEARNING CENTER
    326 SOUTH MAIN ST
    ATTICA,OH44807     		  501(C)3 ORGA OPERATIONS 2,500
    HURON CO JOB FAMILY SER-HARTER FU
    185 SHADY LANE
    NORWALK,OH44857     		  170(C)1 ORGA FOSTER KIDS PROGRAM 10,000
    HURON COUNTY FRATERNAL ORDER OF POL
    PO BOX 348
    WAKEMAN,OH44889     		  501(C)3 ORGA OPERATIONS 1,000
    HURON COUNTY HUMANE SOCIETY
    246 WOODLAWN AVE
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 5,000
    HURON COUNTY JUNIOR FAIR
    940 FAIR ROAD
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 6,000
    HURON COUNTY SERVICES FOR THE AGING
    130 SHADY LANE DR
    NORWALK,OH44857     		  170(C)1 ORGA OPERATIONS 3,000
    IMMACULATE CONCEPTION CHURCH-ST VI
    231 E CENTER STREET
    BELLEVUE,OH44811     		  501(C)3 ORGA OPERATIONS 2,000
    IMMACULATE CONCEPTION SCHOOLS
    304 E MAIN ST
    BELLEVUE,OH44811     		  501(C)3 ORGA OPERATIONS 107,000
    JULIE SCHUH FUND
    12225 BELLAMY ROAD
    BERLIN HEIGHTS,OH44814     		NONE INDIVIDUAL CANCER PATIENT 1,500
    JUVENILE DIABETES RESEARCH FOUNDATI
    4041 SYLVANIA AVE
    SUITE LL6
    TOLEDO,OH43623     		  501(C)3 ORGA OPERATIONS 4,000
    KIM NORWOORD
    86 ONTARIO ST
    NORWALK,OH44857     		NONE INDIVIDUAL DAILY NEED 1,000
    KNIGHTS OF COLUMBUS BELLEVUE
    816 MONROE ST
    BELLEVUE,OH44811     		  501(C)3 ORGA OPERATIONS 2,500
    KNIGHTS OF COLUMBUS MONROEVILLE
    PO BOX 181
    MONROEVILLE,OH44847     		  501(C)3 ORGA OPERATIONS 2,500
    KNIGHTS OF COLUMBUS NORWALK
    254 W MAIN STREET
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 2,500
    LIBERTY CENTER HOMELESS SHELTER
    1421 EAST STATE ST
    FREMONT,OH43420     		  501(C)3 ORGA OPERATIONS 10,000
    M CAL
    PO BOX 131
    MONROEVILLE,OH44847     		  501(C)3 ORGA OPERATIONS 1,000
    MICHAEL FINCH
    62 CORWIN STREET
    NORWALK,OH44857     		NONE INDIVIDUAL DAILY NEEDS 1,000
    MIRIAM HOUSE
    249 W MAIN ST
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 10,000
    MONROEVILLE ATHLETIC BOOSTERS-MAC P
    101 WEST STREET
    MONROEVILLE,OH44847     		  501(C)3 ORGA OPERATIONS 500,000
    MONROEVILLE HIGH SCHOOL
    101 WEST STREET
    MONROEVILLE,OH44847     		  501(C)3 ORGA OPERATIONS 18,000
    MONROEVILLE NON PERISHABLE FOOD BAN
    29 CHAPEL STREET
    MONROEVILLE,OH44847     		  501(C)3 ORGA OPERATIONS 4,000
    MONROEVILLE POLICE DEPARTMENT
    9 MONROE STREET
    MONROEVILLE,OH44847     		  GOVERNMENT OPERATIONS 3,000
    MONROEVILLE PUBLIC LIBRARY
    34 MONROE ST
    MONROEVILLE,OH44847     		  170(C)1 ORGA OPERATIONS 10,000
    NATIONAL MS SOCIETY
    401 TOMAHAWK DRIVE
    MAUMEE,OH43537     		  501(C)3 ORGA OPERATIONS 500
    NORWALK AREA FOOD BANK
    92 N PROSPECT ST
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 10,000
    NORWALK AREA UNITED FUND
    10 WEST MAIN ST
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 15,000
    NORWALK CATHOLIC SCHOOL
    93 EAST MAIN STREEET
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 17,000
    NORWALK CLOTHING BANK
    51 BENEDICT AVE
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 5,000
    NORWALK HIGH SCHOOL SCHOLARSHIPS
    PO BOX 67
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 6,000
    NORWALK PUBLIC LIBRARY
    46 WEST MAIN STREET
    NORWALK,OH44857     		  170(C)1 ORGA OPERATIONS 5,000
    OSU WEXNER MED CENTER-OHIO STATE UN
    1480 WEST LANE AVE
    COLUMBUS,OH43221     		  501(C)3 ORGA OPERATIONS 2,000
    OUR LADY OF LOURDES FOOD PANTRY
    18 PARK AVE
    NEW LONDON,OH44851     		  501(C)3 ORGA OPERATIONS 5,000
    PASS IT ON CLOTHING
    203 MAPLE STREET SUITE B
    BELLEVUE,OH44811     		  501(C)3 ORGA OPERATIONS 5,000
    PEGGY GILBERT
    981 MONROE ST APT B
    BELLEVUE,OH44811     		NONE INDIVIDUAL DAILY NEEDS 5,000
    PIGGY BACK FOUNDATION
    PO BOX 436
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 14,400
    PLYMOUTH SHILOH FOOD BANK
    26 MECHANIC ST
    SHILOH,OH44878     		  501(C)3 ORGA OPERATIONS 10,000
    RAY KRISHA
    1950 FAIRFIELD ANGLING RO
    NORTH FAIRFIELD,OH44855     		NONE INDIVIDUAL DAILY NEEDS 5,200
    REACH OUR YOUTH-HURON COUNTY COMMON
    2 E MAIN ST ROOM 102
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 2,000
    SALVATION ARMY - NORWALK
    55 WHITTLESEY AVE
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 10,000
    SANDUSKY COUNTY JUNIOR FAIR
    PO BOX 124
    FREMONT,OH43420     		  501(C)3 ORGA OPERATIONS 400
    SECOND HARVEST FOOD BANK
    7445 DEER TRAIL LANE
    LORAIN,OH44053     		  501(C)3 ORGA OPERATIONS 30,000
    SENECA COUNTY HUMANE SOCIETY
    2811 S STATE ROUTE 100
    TIFFIN,OH44883     		  501(C)3 ORGA OPERATIONS 5,000
    SENECA EAST HIGH SCHOOL SCHOLARSHI
    13343 EAST US HWY 224
    ATTICA,OH44807     		  501(C)3 ORGA OPERATIONS 10,000
    SENECA EAST PUBLIC LIBRARY
    14 NORTH MAIN STREET
    ATTICA,OH44807     		  170(C)1 ORGA OPERATIONS 5,000
    SENECA HABITAT FOR HUMANITY
    65 GRACE STREET
    TIFFIN,OH44883     		  501(C)3 ORGA OPERATIONS 20,000
    ST JOHN NEUMAN SERRA CLUB
    41 RIDGEWOOD DR
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 1,000
    ST JOSEPH CATHOLIC SCHOOL
    66 CHAPEL ST
    MONROEVILLE,OH44847     		  501(C)3 ORGA OPERATIONS 40,000
    ST JOSEPH CATHOLIC CHURCH-ST VINCE
    66 CHAPEL ST
    MONROEVILLE,OH44847     		  501(C)3 ORGA OPERATIONS 2,000
    ST MARY'S CATHOLIC CHURCH
    38 W LEAGUE ST
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 20,000
    ST MARY'S CATHOLIC CHURCH-ST VINC
    38 W LEAGUE ST
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 2,000
    ST MARY'S CATHOLIC CHURCH-FOOD PAN
    38 W LEAGUE ST
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 2,000
    STEVE SMITH BENEFIT
    11805 CHAPIN ROAD
    BERLIN HEIGHTS,OH44814     		NONE INDIVIDUAL CANCER PATIENT 1,000
    TEEN LEADERSHIP CORPS
    26 E CEDAR POINT ROAD
    SANDUSKY,OH44870     		  501(C)3 ORGA OPERATIONS 5,000
    THE CHRISTOPHERS
    12 E 48TH ST
    NEW YORK,NY10017     		  501(C)3 ORGA OPERATIONS 1,000
    TOYS FOR TOTS-ATTN JIM GRIFFIN
    5630 SR 113
    BELLEVUE,OH44811     		  501(C)3 ORGA TOYS FOR CHRISTMAS 3,000
    TRINITY LUTHERAN CHURCH
    121 BROAD ST
    MONROEVILLE,OH44847     		  501(C)3 ORGA YOUTH CLUB 4,000
    VICTORY TEMPLE SOUP KITCH
    1613 HAYES AVE
    SANDUSKY,OH44870     		  501(C)3 ORGA THANKSGIVING GIFT CERTIFICATES TO KR 20,000
    VILLAGE HOUSE FREMONT
    350 RAWSON AVE
    FREMONT,OH43420     		  501(C)3 ORGA OPERATIONS 2,500
    VOLUNTEERS OF AMERICA
    1843 SUPERIOR STREET
    SANDUSKY,OH44870     		  501(C)3 ORGA HOMELESS SHELTER 10,000
    WOUNDED WARRIOR
    PO BOX 758517
    TOPEKA,KS66675     		  501(C)3 ORGA OPERATIONS 500
    WEEK ENDS WITHOUT HUNGER-CO FISHER
    272 BENEDICT AVE
    NORWALK,OH44857     		  501(C)3 ORGA OPERATIONS 10,000
    Total .................................bullet 3a 1,146,491
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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 ............     		    14 62,645  
    4 Dividends and interest from securities....     14 343,439  
    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.....     14 547  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,874,516  
    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)..   2,281,147  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,281,147
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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 (2014)
    Additional Data


    Software ID:  
    Software Version:  


    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
    2014
    Name of the organization
    THE TWENTY FIRST CENTURY FOUNDATION
     
    Employer identification number

    34-1852806
    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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    THE TWENTY FIRST CENTURY FOUNDATION
          		Employer identification number

    34-1852806
    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
     
     

    JOHN A MARY L BORES  
    11584 EAST COUNTY ROAD 32
     
    BELLEVUE, OH44811

    		$925,005


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

       
     
     

    		$  


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

       
     
     

    		$  


    (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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    THE TWENTY FIRST CENTURY FOUNDATION
          		Employer identification number

    34-1852806
    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
    1
    		 1032.33079-SH-JOHNSON CONTROLS $ 35,041 2014-01-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 512.03708-SH-QUALCOMM INC. $ 33,288 2014-04-03
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 500-SH-MALLINCKRODT $ 21,973 2014-07-11
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 350.34073-SH-INTEL $ 7,963 2014-01-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 1263.46963-SH-COMCAST $ 56,267 2014-07-11
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 881.87666-SH-BANK MONTREAL $ 56,757 2014-01-08
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Name of organization
    THE TWENTY FIRST CENTURY FOUNDATION
          		Employer identification number

    34-1852806
    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
    1
    		 763.71585-SH-COVIDIEN $ 45,253 2014-07-11
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 204.62087-SH-APPLE $ 96,571 2014-01-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 610.12209-SH-CAPITAL ONE $ 40,772 2014-07-11
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 4229.724-SH-FRANKLIN BALANCE SHE $ 170,681 2014-01-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 407.35078-SH-CUMMINS $ 46,758 2014-07-11
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 509.82161-SH-CVS CORP $ 26,821 2014-04-03
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Name of organization
    THE TWENTY FIRST CENTURY FOUNDATION
          		Employer identification number

    34-1852806
    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
    1
    		 515.88525-SH-MARATHON OIL $ 16,860 2014-07-11
    (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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    THE TWENTY FIRST CENTURY FOUNDATION
          		Employer identification number

    34-1852806
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. 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) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 17,000 3,400   13,600
    TAX PREPARATION 2,625 525   2,100
    ACCOUNTING FEES 2,500 500   2,000

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF NOVA SCOTIA BC SERIES A 49,880 49,434
    G E CAPITAL 4.8% DUE 01/15/14    
    G E CAPITAL 5% DUE 10/15/14    
    G.E. CAPITAL CORP DTD 3/13/2007 30,381 32,568
    GE CAPITAL CORP DTD 11/24/2006 21,000 23,008
    HSBC FINANCE CORP DTD 8/16/2007    
    WELLS FARGO GLOBAL NOTE    
    ROYAL BANK OF CANADA 51,899 50,555
    FED FARM CREDIT BK CONS BONDS (2.75% 98,008 98,808
    FED FARM CREDIT BK CONS BONDS (2.80% 197,391 199,524
    APPLE INC NOTE 2.40% 45,847 48,600
    APPLE INC NOTE 2.85% 103,438 102,296
    CME GROUP INC NT 3.00% 97,654 101,624
    CHEVRON CORP NOTE SENIOR 105,035 101,867
    WAL-MART STORES INC NOTE 104,741 103,251
    TVA SENIOR UNSECURED 102,384 100,935
    TVA GLOBAL POWER BOND SER A 98,310 96,896

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 47,166 116,336
    A D P 39,599 93,296
    ABBOTT LABS 21,177 39,784
    ABBVIE INCORPORATED 24,482 59,635
    ACCENTURE LTD IRELAND 30,975 75,682
    AMAZON.COM INC 61,153 62,070
    ANALOG DEVICES INC. 56,856 55,520
    APPLE INC 11,151 19,796
    AT&T INC. 20,851 23,545
    BANK OF MONTREAL 80,826 90,426
    BCE INC 91,561 96,333
    BECTON DICKINSON 18,565 30,236
    BERKSHIRE HATHAWAY 30,990 75,075
    BHP BILLITON LTD 62,607 44,777
    BRISTOL-MYERS SQUIBB CO 60,916 59,030
    BROADCOM CORP 63,201 95,611
    CANADIAN NATIONAL RAILWAY 8,698 17,339
    CAPITAL ONE FINANCIAL CORP 40,772 50,366
    CATERPILLAR INC.    
    CHEVRON 80,332 115,519
    CHURCH & DWIGHT    
    COCA COLA 87,701 133,544
    COMCAST CORP 71,662 92,528
    CONOCO-PHILLIPS 65,139 108,301
    COVIDIEN PLC    
    CSX CORP 23,527 36,423
    CUMMINS ENGINE INC. 46,758 58,728
    CVS CORP 71,277 134,508
    DEERE & CO 14,248 29,095
    DUKE REALTY CORP    
    EBAY INC 80,873 84,180
    EMC CORP 32,068 76,165
    EMERSON ELEC    
    ENERGEN CORPORATION 13,855 33,898
    EXPRESS SCRIPTS HOLDING CO 33,451 50,802
    EXXON 82,679 127,513
    FISERV INC 40,739 70,970
    FORD 13,102 15,950
    GENERAL MILLS 59,486 70,265
    GLAXOSMITHKLINE 50,750 55,609
    GOOGLE INC 53,011 52,640
    GOLDMAN SACHS    
    HALYARD HEALTH INC 2,409 4,956
    HARTFORD FINL SVCS GROUP INC 27,946 54,588
    HESS 23,629 36,977
    HONEYWELL 23,060 62,078
    HSBC HOLDINGS 85,204 76,874
    IBM 28,528 44,898
    ILLINOIS TOOL WORKS 43,324 94,767
    INTEL    
    JP MORGAN CHASE & CO 110,313 129,304
    JACOBS ENGINEERING GROUP 48,285 53,628
    JOHNSON & JOHNSON 96,852 187,255
    JOHNSON CONTROLS 102,103 156,506
    KIMBERLY CLARK 55,653 100,840
    KINDER MORGAN INC. 52,815 63,465
    KRAFT FOODS 17,006 32,518
    LINCOLN NATL CORP 17,184 45,589
    MALLINCKRODT PUB    
    MARATHON OIL CORP 16,860 14,594
    MCCORMICK    
    MCDONALDS CORP 80,064 101,865
    MERCK & CO. INC. 46,362 68,267
    MOLSON COORS BREWING    
    MONDELEZ INTERNATIONAL 29,290 54,320
    MOSAIC COMPANY    
    NATIONAL OILWELL VARCO 47,788 50,878
    NIKE INC. 28,030 52,032
    NOVARTIS 40,018 62,799
    OCCIDENTAL PETE CORP 70,486 68,733
    OMNICOM GROUP 54,197 80,996
    ORACLE 43,466 94,732
    PACCAR INC 90,292 103,377
    PAYCHEX    
    PEPSICO 41,061 67,949
    PFIZER 44,925 71,152
    PHILLIPS 66    
    PNC FLNL SERVICE GROUP 37,314 69,064
    PROCTOR & GAMBLE 62,158 100,202
    QUALCOMM 83,396 97,941
    STATE STREET CORP 44,319 83,809
    SUN LIFE FINANCIAL SERVICES    
    TARGET 21,102 39,999
    THERMO FISHER SCIENTIFIC 46,669 95,821
    TOYOTA    
    UNITED TECHNOLOGIES 46,223 80,999
    US BANCORP    
    VALERO ENERGY CORP    
    VF CORP 23,515 75,804
    VIACOM    
    WALT DISNEY CO 26,162 75,474
    WELLS FARGO 137,860 165,909
    ZOETIS INCORPORATED 6,628 10,878

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


    919,630
    State & Local Government Securities - End of Year Fair Market Value:


    983,290


    TY 2014 OtherAssetsSchedule
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EXCHANGE TRADED FUNDS 1,710,978    
    MUTUAL FUNDS 5,655,345 6,137,079 6,145,945
    VAN KAMPEN UNIT TRUST 17,483 17,797 30,828


    TY 2014 OtherExpensesSchedule
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT FEES 53,541 53,541    
    POSTAGE & OTHER EXPENCE 707 354   353


    TY 2014 OtherIncomeSchedule2
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CASH IN LIEU 547 547  


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 51,000 10,200   40,800


    TY 2014 SubstantialContributorsSch
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Name Address
    JOHN BORES 11584 EAST COUNTY ROAD 32
    BELLEVUE,OH44811
    MARY BORES 11584 EAST COUNTY ROAD 32
    BELLEVUE,OH44811


    TY 2014 TaxesSchedule
    Name:
    THE TWENTY FIRST CENTURY FOUNDATION
    EIN: 34-1852806
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN INCOME TAX ON DIVIDENDS 2,068 2,068    
    FEDERAL INCOME TAX 19,640