TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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
SHIRLEY & WILLIAM R FLEISCHER FAMILY
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)7 PENN PLAZA NO 810 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10001

A Employer identification number

11-6048777

B Telephone number (see instructions)

(212) 760-0990

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$6,938,010J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	1,009,706
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	11		11
4	Dividends and interest from securities......	266,578		266,578
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		415,203
b	Gross sales price for all assets on line 6a 1,786,377
7	Capital gain net income (from Part IV, line 2)...			415,203
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).......		7,461	7,461
12	Total. Add lines 1 through 11........	1,698,959		689,253
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		10,013	1,606	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		9,182	8,792	390
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	19,195		10,398	390
25	Contributions, gifts, grants paid........	250,030			250,030
26	Total expenses and disbursements. Add lines 24 and 25	269,225		10,398	250,420
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,429,734
b	Net investment income (if negative, enter -0-)			678,855
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	6,718	8,005	8,005
	2	Savings and temporary cash investments..........	202,881	93,436	93,436
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........	10,488	2,081	2,081
	10a	Investments—U.S. and state government obligations (attach schedule)	1,414,809	1,464,135	1,629,668
	b	Investments—corporate stock (attach schedule)........	2,889,322	4,161,908	4,856,227
	c	Investments—corporate bonds (attach schedule)........	0	188,583	188,440
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	153,375	186,216	129,922
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	27,268	30,231	30,231
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,704,861	6,134,595	6,938,010
	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 )
	23	Total liabilities (add lines 17 through 22)..........	0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	4,704,861	6,134,595
	30	Total net assets or fund balances (see instructions)......	4,704,861	6,134,595
	31	Total liabilities and net assets/fund balances (see instructions)..	4,704,861	6,134,595

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	4,704,861
2	Enter amount from Part I, line 27a.....................	2	1,429,734
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	6,134,595
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	6,134,595

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	1,985 SH - A T & T CORP	P	2008-10-06	2014-11-03
b	198.983 SH - BOEING CO	P	2014-10-30	2014-11-04
c	210.017 SH - BOEING CO	P	2008-01-17	2014-11-04
d	1,352 SH - BRISTOL MYERS SQUIBB	P	1994-12-15	2014-05-22
e	82.84 SH - CHEVRON CORPORATION	P	2014-10-30	2014-11-04
	422.16 SH - CHEVRON CORPORATION	P	2003-03-14	2014-11-04
	872 SH - CONSOLIDATED EDISON	P		2014-11-04
	184 SH - ELI LILLY & CO	P		2014-11-04
	2,844 SH - PFIZER INC	P	1996-06-14	2014-05-22
	25,000 VIACOM INC NOTE 7.875% 07/30/30	D	2014-10-30	2014-11-04
	5,000 MARYLAND ST CMNTY DEV 6.50% 03/01/43	P	2009-05-07	2014-09-02
	2,669.665 SH - JP MORGAN EQUITY INCOME FUND CL A	P	2012-11-19	2014-11-04
	1,229.789 SH - MS EMERGING MARKETS DOM DEBT FD	P	2014-01-03	2014-11-04
	2,994.211 SH - MS EMERGING MARKETD DOM DEBT FD	P	2007-04-23	2014-11-04
	7.627 SH - FIRST TRUST PORTFOLIO LP DOW TARGET 10	P	2014-02-25	2014-11-04
	921.02 - FIRST TRUST PORTFOLIO LP DOW TARGET 10	P	2013-03-04	2014-11-04
	.768 SH - A T & T CORP - FRACTIONAL SHARE	P	2010-03-02	2014-02-12
	.456 SH - BRISTOL MYERS SQUIBB - FRACTIONAL SHARE	P	2003-06-03	2014-02-12
	.807 SH - FRONTIER COMMUNICATIONS - FRACTIONAL SHARES	P	1994-06-02	2014-02-12
	.466 SH - JP MORGAN CHASE & CO - FRACTIONAL SHARES	P	1996-01-15	2014-02-12
	1.105 SH - FIRST ENERGY CORP - FRACTINAL SHARES	P	1996-01-15	2014-02-12
	.290 SH - FREEPORT MCMORAN COPPER CL B - FRACTIONAL SHARES	P	1996-01-15	2014-02-12
	.063 SH - GENERAL ELECTRIC - FRACTIONAL SHARES	P	2002-11-21	2014-02-12
	.876 SH - OCCIDENTAL PETROLEUM - FRACTIONAL SHARES	P	1990-09-07	2014-02-12
	.609 SH - VERIZON - FRACTIONAL SHARES	P	1994-06-02	2014-02-12
	33.826 SH - A T & T CORP	P	2014-02-03	2014-04-14
	2,436.174 SH - A T & T CORP	P	2010-03-02	2014-04-14
	1.607 SH - BRISTOL MYERS SQUIBB	P	2014-02-03	2014-04-14
	222.393 SH - BRISTOL MYERS SQUIBB	P	2003-06-03	2014-04-14
	1,810.087 SH - GENERAL ELECTRIC	D	2014-10-30	2014-10-31
	1,161.913 SH - GENERAL ELECTRIC	P	2002-11-21	2014-04-14
	389.618 SH - JOHNSON & JOHNSON	D	2014-10-30	2014-10-31
	5.044 SH - OCCIDENTAL PETROLEUM	P	2014-01-15	2014-05-22
	724.956 SH - OCCIDENTAL PETROLEUM	P	1990-09-07	2014-05-22
	473.932 SH - PEPSICO INC	D	2014-10-30	2014-10-31
	572.842 SH - PROCTER & GAMBLE	D	2014-10-30	2014-10-31
	15,000 MAHTOMEDI MINNESOTA DIST NO 832	P	2014-05-23	2014-12-18
	2,611.648 SH - INVESTMENT COMPANY OF AMERICA FD CL A	P	2005-06-06	2014-05-22
	2,044.624 SH - AMERICAN MUTUAL FUND INC	D	2014-10-30	2014-10-31
	2,004.539 SH - COLUMBIA SELIGMAN COMM & INFO FUND	P	2007-10-25	2014-05-22
	2,710.027 SH - FIRST EAGLE GLOBAL FUND CL A	P	2007-01-03	2014-05-22
	2,706.528 SH - JP MORGAN EQUITY INCOME FUND	D	2014-10-30	2014-11-03
	480 SH - VERIZON	P	1994-06-02	2014-11-06
	PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 2043-6309	P
	PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 6695-0431	P
	PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 6695-0431	P
	PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 6291-7755	P
	PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 6291-7755	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	68,745	56,588	12,157
b	25,650	24,663	987
c	25,123	17,090	8,033
d	65,463	28,324	37,139
e	9,481	9,757	-276
	48,315	21,507	26,808
	54,787	12,112	42,675
	12,091	1,587	10,504
	83,756	15,387	68,369
	33,474	34,514	-1,040
	5,000	5,001	-1
	37,235	28,367	8,868
	15,028	15,744	-716
	34,888	57,134	-22,246
	89	87	2
	10,802	9,339	1,463
	25		25
	24		24
	4		4
	27		27
	32	15	17
	10		10
	2		2
	80		80
	29		29
	1,179	1,121	58
	84,913	65,355	19,558
	75	80	-5
	10,408	5,725	4,683
	46,282	46,463	-181
	29,180	28,096	1,084
	41,457	41,705	-248
	489	465	24
	70,277	16,778	53,499
	45,045	45,332	-287
	49,466	49,803	-337
	15,000	16,113	-1,113
	100,000	78,994	21,006
	77,266	77,389	-123
	106,000	77,768	28,232
	150,000	122,985	27,015
	37,830	37,864	-34
	23,921	14,174	9,747
	80,597	75,840	4,757
	13,198	14,643	-1,445
	94,169	82,284	11,885
	44,115	38,434	5,681
	135,350	96,547	38,803

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			12,157
b			987
c			8,033
d			37,139
e			-276
			26,808
			42,675
			10,504
			68,369
			-1,040
			-1
			8,868
			-716
			-22,246
			2
			1,463
			25
			24
			4
			27
			17
			10
			2
			80
			29
			58
			19,558
			-5
			4,683
			-181
			1,084
			-248
			24
			53,499
			-287
			-337
			-1,113
			21,006
			-123
			28,232
			27,015
			-34
			9,747
			4,757
			-1,445
			11,885
			5,681
			38,803

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	415,203
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 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

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	249,535	5,381,047	0.046373
2012	240,030	4,928,777	0.048700
2011	222,130	4,704,948	0.047212
2010	203,969	4,547,839	0.044850
2009	238,565	4,106,724	0.058091

2	Total of line 1, column (d) ......................	2	0.245226
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	0.049045
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	6,234,331
5	Multiply line 4 by line 3.......................	5	305,763
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	6,789
7	Add lines 5 and 6.........................	7	312,552
8	Enter qualifying distributions from Part XII, line 4..............	8	250,420
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	13,577
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	13,577
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	13,577
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	2,081
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	18,750
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	20,831
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	127
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	7,127
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax6,549	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. Click to see attachment

...............................

Yes

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

STEVEN FLEISCHER Telephone no. bullet

(212) 760-0990

Located at bullet

7 PENN PLAZA SUITE 810NEW YORKNY ZIP+4 bullet

10001

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
STEVEN FLEISCHER	VICE PRESIDENT/TRUSTEE 0.00	0	0	0
265 EAST 66TH STREET 10E NEW YORK,NY10065	VICE PRESIDENT/TRUSTEE 0.00	0	0	0
DONALD FLEISCHER	VICE PRESIDENT/TRUSTEE 0.00	0	0	0
57 W 75TH STREET 7K NEW YORK,NY10023	VICE PRESIDENT/TRUSTEE 0.00	0	0	0
CARL FLEISCHER	VICE PRESIDENT/TRUSTEE 0.00	0	0	0
44 RUTLAND SQUARE - UNIT 1 BOSTON,MA02118	VICE PRESIDENT/TRUSTEE 0.00	0	0	0

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...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. 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)

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


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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

6,139,599

Average of monthly cash balances.......................

157,359

Fair market value of all other assets (see instructions)................

32,312

Total (add lines 1a, b, and c).........................

6,329,270

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

6,329,270

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

94,939

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

6,234,331

Minimum investment return. Enter 5% of line 5..................

311,717

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

311,717

Tax on investment income for 2014 from Part VI, line 5......

13,577

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

13,577

Distributable amount before adjustments. Subtract line 2c from line 1............

298,140

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

298,140

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

298,140

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

250,420

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

250,420

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

250,420

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)

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				298,140
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......			217,709
b Total for prior years:20, 20, 20		0
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.........	0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 250,420
a Applied to 2013, but not more than line 2a				217,709
b Applied to undistributed income of prior years (Election required—see instructions).....		0
c Treated as distributions out of corpus (Election required—see instructions).........	0
d Applied to 2014 distributable amount.....				32,711
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2014.	0			0
(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	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........		0
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......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........				265,429
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) .......	0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...	0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......	0
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....

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
FRIENDS OF THE JERUSALEM COLLEGE OF TECHNOLOGY 358 FIFTH AVENUE - SUITE 406 NEW YORK,NY10001	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	10,000
CUMBERLAND COLLEGE 6191 COLLEGE STATION DRIVE WILLIAMSBURG,KY40769	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	500
FRIENDS OF UNISTREAM 24 WEST 40TH STREET 14TH FLOOR NEW YORK,NY10018	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	12,500
HOLOCAUST MEMORIAL CENTER 100 CRESCENT BEACH ROAD GLEN COVE,NY11542	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	5,000
JEWISH FUNDERS NETWORK 150 WEST 30TH STREET SUITE 900 NEW YORK,NY10001	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	850
JOSLIN DIABETES CENTER ONE JOSLIN PLACE BOSTON,MA02215	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	20,000
NA'AMAT ISRAELUSA - AYANOT CULINARY CENTER 21515 VANOWEN STREET SUITE 102 CANOGA PARK,CA91303	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	12,500
PEF ISRAEL ENDOWMENT FUNDS 630 THIRD AVENUE 15TH FLOOR NEW YORK,NY10017	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	123,000
RABBINICAL SEMINARY OF AMERICA 76-01 147TH STREET FLUSHING,NY11367	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	12,500
THE WASHINGTON INSTITUTE 1828 L STREET NW WASHINGTON,DC20036	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	5,000
UJA FEDERATION OF NEW YORK 130 EAST 59TH STREET NEW YORK,NY10022	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	45,000
FRIENDS OF ISRAEL SCI TECH SCHOOL 25 WEST 45TH STREET NEW YORK,NY10036	NOT APPLICABLE	PUBLIC	CHARITABLE CONTRIBUTION	3,180
Total ................................. 3a				250,030

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	11
4 Dividends and interest from securities....			14	266,578
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	7,461
8 Gain or (loss) from sales of assets other than inventory .............			18	415,203
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)..		0		689,253	0

13Total. Add line 12, columns (b), (d), and (e)..................

13689,253

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

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

SHIRLEY & WILLIAM R FLEISCHER FAMILY
FOUNDATION INC

Employer identification number

11-6048777

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... 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 SHIRLEY & WILLIAM R FLEISCHER FAMILY FOUNDATION INC

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	ESTATE OF SHIRLEY S FLEISCHER 265 E 66TH STREET NEW YORK, NY10065	$1,009,706	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (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 SHIRLEY & WILLIAM R FLEISCHER FAMILY FOUNDATION INC

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
		$
(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
SHIRLEY & WILLIAM R FLEISCHER FAMILY
FOUNDATION INC

Employer identification number

11-6048777

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

(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

(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

(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

(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:

- TIN:

TY 2014 InvestmentsCorpBondsSchedule

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

Name of Bond	End of Year Book Value	End of Year Fair Market Value
40,055.60 GENERAL ELECTRIC CAP CORP MEDIUM TERM NOTES 6.75%	40,026	41,056
25,000 MS GLOBAL MEDIUM TERM NOTES 6.625%	28,727	28,538
25,000 BARCLAYS BANK PLC MEDIUM TERM NOTES SER A 5.00%	27,456	27,180
20,000 FORD MOTOR CO DEBENTURE 7.125%	24,608	25,044
22,000 GOLDMAN SACHS GRP INC NOTES SERIES A 5.25%	24,908	24,849
20,000 STRYKER CORP SR UNSECURED 4.375%	22,317	21,374
20,000 UNITED TECHNOLOGY CORP NOTES 3.10%	20,541	20,399

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3461.446 SH - AT&T CORP.	104,497	116,270
1,282.844 SH - ASHFORD HOSPITAL 8.45% SER D	32,128	32,751
2,870.28 SH - AMER MUTUAL FD CL C	95,396	106,602
5,751.157 SH - BLACKROCK EQ DIV FD-CL A	93,745	64,608
210.225 SH -BOEING CO.	26,039	27,325
193.966 SH - BRISTOL MYERS SQUIBB	42,700	114,163
385.21 SH - CHEVRON CORP	45,104	43,213
113.00 SH - JP MORGAN CHASE	2,668	7,072
565.471 SH - COCA COLA CO.	13,474	23,874
1,718.852 SH - CON EDISON	74,458	113,461
600.371 SH -CONOCO PHILLIPS	27,329	41,462
1,488.694 SH - ELI LILLY	26,301	102,705
43 SH - FIRST ENERGY CORP	1,197	1,677
666 SH - FREEPORT MCMORAN CL B	12,832	15,558
5,843.489 SH - FRONTIER COMMUNICATIONS	46,374	38,975
5,007.918 SH - GENERAL ELECTRIC	122,135	126,550
4,125.516 SH - VOYA PRIME RATE TRUST	36,065	21,906
151.529 SH - ITT CORP.	716	6,131
530.626 SH - JOHNSON & JOHNSON	29,253	55,488
820.042 SH - KIMBERLY CLARK CORP	51,877	94,748
1,162.84 SH - MERCK & CO.	52,536	66,038
2,969.271 SH - MS EMERGING MRKTS DOM DEBT	35,812	31,567
6,207.46 SH - NEW YORK COMMUNITY BANK	84,455	99,319
725.83 SH - OCCIDENTAL PETROLEUM	0	0
450.592 SH - PEPSICO	22,613	42,608
3,395.861 SH - PFIZER, INC	22,452	105,781
438.094 SH - PROCTOR & GAMBLE	20,962	39,906
2,478.093 SH - PRUDENTIAL PLC 6.75%	62,131	63,191
568.591 SH - SR HSG PPTY TR SBI	3,152	12,572
2,431.017 SH - VERIZON COMMUNICATIONS	81,632	113,723
403.179 SH - ALLIANZ NFJ LRG CAP VAL FD	5,997	8,773
1,847.678 SH - FIRST EAGLE GLOBAL FUND A	84,377	96,892
6,889.876 SH - INCOME FD OF AMER-A	140,444	148,684
1,455.00 SH - INVESTMENT CO OF AMER CL A	45,119	53,951
2,908.00 SH - INVESTMENT CO OF AMER CL A	104,767	107,829
9 SH - PIMCO MONEY MARKET-CL A	9	9
70.94 SH - COLUMBIA SELIGMAN COMM & INFO FUND	2,436	3,954
1,092.60 SH - DUKE ENERGY CORP.	62,220	91,276
211.319 SH - ABBOTT LABORATORIES	5,013	9,514
320.06 SH - EXELIS INC	950	5,611
1,801.73 SH - FIRST EAGLE GLOBAL FUND CL A	95,561	94,483
444.89 SH - OPPENHEIMER GOLD & MINERALS FUND	22,377	6,037
304.37 SH - XYLEM INC	1,988	11,588
97 SH - ANHEUSER BUSCH ADR	5,424	10,895
260 SH - ASSA ABLOY AB ADR	3,565	6,900
367 SH - ATLANTIA SPA UNSPN ADR	3,090	4,246
220 SH - BG GROUP PLC SPON ADR	5,264	2,939
90 SH - BHP BILLITON LTD SPON ADR	7,661	4,259
253 SH - BNP PARIBAS ADR	7,658	7,433
89 SH - BAYERISCHE MOTOREN WERKE AG	2,791	3,170
76 SH - BRITISH AMERN TOB PLC CPN ADR	6,184	8,194
242 SH - CIELO SA SPON ADR	1,744	3,804
361 SH - INFORMA OLC UNSPON ADR	4,862	5,339
107 SH - LIXIL GROUP CORP	0	0
135 SH - KASIKORNBANK PUB CO LTD	2,105	3,796
120 SH - KOC HOLDING AS UNSPON ADR	2,120	3,167
258 SH - MOBILE TELESYSTEMS SPON ADR	4,529	1,852
170 SH - MR PRICE GROUP LTD ADR	1,754	3,483
171 SH - NOVARTIS AG SPON ADR	9,449	15,845
130 SH - PERUSAHAAN PERSEROAN ADR	4,343	5,880
225 SH - PRUDENTIAL PLC SPON ADR	5,177	10,388
143 SH - REXAM PLC SPON ADR	5,263	4,982
83 SH - RYANAIR HOLDINGS PLC	2,219	5,915
253 SH - SAMPO OYJ-A SHS UNSP	3,820	5,909
150 SH - SANOFI-AVENTIS ADR	0	0
126 SH - SAP AG SPON ADR	0	0
303 SH - SBERBANK RUSSIA SPON ADR	3,280	1,174
99 SH - ROYAL DUTCH SHELL PLC ADR CL A	7,152	6,628
901 SH - SUMITOMO MITSUI FINL SPON ADR	6,469	6,559
281 SH - SWEDBANK AB ADR	5,938	6,999
550 SH - TAIWAN SEMICONDUCTOR MFG ADR	7,136	12,309
314 SH - TULLOW OIL PLC UNSPON ADR	0	0
489 SH - TURKCELL ILETSIM HIZMETERI	7,093	7,394
94 SH - UNILEVER PLC SPN ADR	3,077	3,805
87 SH - VALEO SPON ADR	2,605	5,388
872 SH - WOLSELEY PLC JERSEY	2,830	5,014
480 SH - YAHOO JAPAN CORP ADR	0	0
198.685 SH - APPLE, INC	18,434	21,931
585.54 SH - NORTHEAST UTILITIES	17,564	31,338
5,019.71 SH - GOLDMAN SACHS TRUST RISING DIV GROWTH	88,190	108,024
7,881.67 SH - JP MORGAN EQUITY INCOME FUND CL A	101,534	110,816
209 SH - ACCENTURE PLC IRELAND CHARES CL A	13,061	18,666
142 SH - APACHE CORP COMMON	12,883	8,899
115 SH - BERKSHIRE HATHAWAY INC - SERIES B NEW	9,258	17,267
297 SH - BROOKFIELD ASSET MANAGEMENT - CL A	9,967	14,889
149 SH - C H ROBINSON WORLDWIDE INC	0	0
145 SH - CARMAX INC	6,150	9,654
445 SH - COPART INC	12,370	16,238
155 SH - DIAGEO PLC	17,697	17,684
11 SH - GOOGLE, INC CL A	0	0
364 SH - JACOBS ENGINEERING GROUP	18,751	16,267
122 SH - JOHNSON & JOHNSON	9,480	12,758
78 SH - M & T BANK CORP	6,323	9,798
21 SH - MARKEL CORP	9,127	14,340
112 SH - MCDONALDS CORP	10,422	10,494
197 SH - MICRO SYSTEMS INC	0	0
320 SH - MICROSOFT CORP	0	0
212 SH - NESTLE S A REG ADR	13,405	15,465
150 SH - NORTHERN TRUST CORP	0	0
171 SH - OMNICOM GROUP	0	0
376 SH - ORACLE CORP	11,895	16,909
104 SH - QUALCOMM INC	6,544	7,730
96 SH - SCHLUMBERGER LTD	8,576	8,199
42 SH - 3M CO	0	0
75 SH - UNITED PARCEL SERVICE B	0	0
312 SH - US BANCORP NEW	9,279	14,024
39 SH - VISA INC CLASS A	7,421	10,226
84 SH - ASSOC BRITISH FOODS	2,057	4,111
74 SH - BAYER AG SPON ADR	5,497	10,126
415 SH - CHINA CONSTRUCTION BANK	0	0
114 SH - CHINA MOBILE LTD	0	0
83 SH - ENI SPA SPON ADR	0	0
504 SH - ESTACIO PARTICIPACOES	3,245	4,519
163 SH - KOMATSU LTD	4,696	3,610
113 SH - MEDICLINIC INTL LTD ADR	3,024	4,967
262 SH - PETROLEUM GEO-SVS ADR	0	0
193 SH - RED ELECTRICA CORP SA	2,246	3,354
72 SH - SANDS CHINA LTD	3,636	3,546
376 SH - SEVEN & I HOLDINGS ADR	6,263	6,779
119 SH - SWATCH GRP AF/THE ADR	2,651	2,633
217.701 SH - ABBVIE INC	5,799	14,246
51 SH - ADVANCE AUTO PARTS	4,157	8,123
87 SH - BAXTER INTERNATIONAL	5,930	6,376
65 SH - COSTCO WHSL CORP	7,384	9,214
198 SH - DANAHER CORP	12,897	16,971
212 SH - EBAY INC	0	0
83 SH - MONSANTO CO	0	0
148 SH - MOSAIC COMPANY	0	0
169 SH - PACCAR	9,307	11,494
149 SH - ROCKWELL COLLINS	11,145	12,588
119 SH - VARIAN MEDICAL SYSTEMS INC	8,829	10,295
199 SH - ALLIANCE GLOBAL GROUP	5,878	4,925
25 SH - BAIDU INC ADR	2,514	5,699
166 SH - CARLSBERG AS-B ADR	0	0
444 SH - CHINA SHENHUA ENERGY CO	5,638	5,284
484 SH - COMPAGNIE FINANCIERE RICHEMT	4,544	4,293
360 SH - DAIWA HOUSE IND LTD ADR	7,174	6,822
268 SH - AIR BUS GROUP ADR	4,458	3,307
147 SH - HSBC HOLDINGS PLC ADR	0	0
500 SH - KDDI CORP	7,192	7,900
568 SH - LADBROKES	0	0
1,461 SH - LLOYDS BANKING GROUP PLC	5,631	6,779
101 SH - MAKITA CORP ADR	5,530	4,550
274 SH - MEDIOLANUM SPA	4,789	3,504
157 SH - NOVO NORDISK A S ADR	5,381	6,644
32 SH - SIGNET JEWELERS LTD	2,306	4,210
576 SH - SUMITIMO MITSUI TRUST HOLDINGS	2,970	2,172
102.505 SH - HALYARD HEALTH	2,247	4,661
17.671 SH - VECTRUS INC	65	484
1,978.035 SH - AMERICA BALANCED FUND	50,175	48,956
4,059.927 SH - BLACKROCK FUND II MULTI ASSET INCOME	67,419	101,092
784.766 SH - CAPITAL INCOME BLDR CL A	48,454	46,756
11,340.334 SH - FIDELITY ADVISOR SHORT FIXED INCOME PORT CL A	107,739	105,919
4,818,168 SH - JANUS INVT FUND CL C	51,080	50,880
655.42 SH - MFS INTERNATIONAL VALUE FD CL A	22,505	21,668
761.439 SH - OPPENHEIMER DEVELOPING MARKETS FUND CL C	28,462	25,630
967.471 SH - PRINCIPAL FUNDS INC MIDCAP BELND CL C	20,017	19,640
1,149.095 SH - PUTNAM FDS TR EQUITY SPECTRUM FD CL A	51,889	49,629
3,851.505 SH - TEMPLETON GLOBAL BOND FUND CL C	51,012	48,105
919.496 SH - VOYA EQUITY TR SMALLCAP OPPORTUNITIES FD CL A	54,503	50,618
558.703 SH - INTEL CORP	17,784	20,275
1,705.79 SH - REALTY INCOME CORP REIT	77,875	81,383
4,489.691 SH - AMERICAN HIGH INCOME FUND TRUST CL A	51,597	48,264
2,450.327 SH - CAPITAL WORLD BOND FUND	51,214	48,640
11,666.703 SH - COLUMBIA FDS INTERMEDIATE BOND FD A	107,780	107,217
12,971.041 SH - FIRST EAGLE GLOBAL FUND INCOME BUILDER CL A	153,357	141,644
860 SH - FIRST TRUST ENERGY & GROWTH FUND	30,275	31,390
26,212.93 SH - LORD ABBETT INVT TR SHORT DURATION INCOME FD	120,318	116,910
1,385.741 SH - NEW WORLD FUND CL A	81,357	74,137
967.471 SH - PRINCIPAL FDS INC MIDCAP BLEND FD CL C	20,017	19,640
1,569.129 SH - TEMPLETON GLOBAL BOND FUND CL C	20,817	19,598
897.106 SH - VOYA EQUITY TR SMALLCAP OPPORTUNITIES	53,418	49,386
57 SH - ACTUANT CORP CL A	1,835	1,553
47 SH - ADVENT SOFTWARE INC	1,640	1,440
80 SH - AMERICAN AXLE & MFG	1,610	1,807
86 SH - AMTRUST FINANCIAL SERVICES INC	4,315	4,837
17 SH - ASTRONICS CORP	907	940
39 SH - BALCHEM CORP CLASS B	1,980	2,599
128 SH - BANK OF THE OZARKS INC	4,995	4,854
24 SH - B/E AEROSPACE INC	1,292	1,392
47 SH - BIO REFERENCE LABS INC	1,381	1,510
7 SH - BOSTON BEER IN CL A	1,806	2,027
29 SH - COLFAX CORP	1,576	1,496
39 SH - CORVEL CORP	1,357	1,452
21 SH - CREDIT ACCEPTANCE CORP	3,138	2,865
51 SH - DORMAN PRODUCTS INC	2,421	2,462
31 SH - DREW INDUSTRIES INC	1,459	1,583
73 SH - EAGLE BANCORP	2,594	2,593
29 SH - ENCORE CAPITAL GROUP INC	1,309	1,288
49 SH - ENRSYS INC	2,980	3,024
19 SH - ESTERLINE TECHNOLOGIES CORP	2,194	2,084
26 SH - FIRST SERVICE CORP	1,353	1,322
14 SH - GENESEE & WYOMING INC	1,348	1,259
38 SH - HSN INC	2,682	2,888
38 SH - HEICO CORP NEW	2,009	2,295
50 SH - HOME BANCSHARES	1,599	1,608
12 SH - KLX INC	489	495
22 SH - LITHIA MTRS INC CL A	1,614	1,907
20 SH - MWI VETERINARY SUPPLY INC	3,107	3,398
43 SH - MADISON SQUARE GARDEN CO CL A	3,216	3,236
83 SH - MANHATTAN ASSOCIATES	3,341	3,380
38 SH - MONRO MUFFLER BRAKE INC	1,999	2,196
157 SH - NATIONAL GENERAL HOLDINGS CORP	2,962	2,922
18 SH - NEENAH PAPER INC	1,051	1,085
46 SH - NEOGEN CORP	2,008	2,281
18 SH - OIL STATES INTL INC	1,021	880
39 SH - OPEN TEXT CORP	2,221	2,272
46 SH - OSI SYS INC	3,270	3,255
49 SH - PAREXEL INTL CORP	2,610	2,722
77 SH - PRA GRP INC	4,850	4,461
52 SH - RLI CORP	2,561	2,569
18 SH - TREEHOUSE FOODS INC	1,482	1,540
17 SH - TYLER TECHNOLOGIES INC	1,875	1,860
83 SH - VIEWPOINT FINL GROUP INC	2,258	1,980
94 SH - WESCO AIRCRAFT HOLDINGS INC	1,646	1,314
22 SH - WEX INC	2,495	2,176
43 SH - WOLVERINE WORLD WIDE INC	1,171	1,267
15 SH - WORLD ACCEP CORP S C NEW	1,112	1,192
40 SH - WORLD FUEL SERVICE CORP	1,657	1,877
332 SH - BROWN & BROWN INC COM	10,307	10,926
526 SH - DISCOVERY COMMUNICATION INC	17,698	17,737
24 SH - GOOGLE INC CL C - NON VOTING	12,132	12,634
175 SH - NORDSTROM INC	10,749	13,893
518 SH - PROGRESSIVE CORP OHIO	12,510	13,981
154 SH - TE CONNECTIVITY LTD	8,512	9,741
255 SH - TJX COS INC NEW	13,685	17,488
94 SH - ACTELION LTD UNSPON ADR	2,823	2,693
617 SH - AMBEV SA ADR SPON	4,200	3,838
250 SH - ANGLO AMERICAN PLC ADR	2,750	2,277
66 SH - ASHTEAD GROUP PLC UNSPON ADR	4,266	4,733
446 SH - BB SEGURIDADE ADR PARTICIPACOES S/A	5,192	5,354
489 SH - CIA SANEAMENTO BASICO DE ADR	4,583	3,076
47 SH - DAIKIN INDUSTRIES LTD-UNSPON ADR	5,283	6,072
279 SH - JAPAN TOBACCO INC ADR UNSPON	4,656	3,831
946 SH - NAMPAK LTD - SPON ADR	3,466	3,614
44 SH - NXP SEMICONDUCTORS NV	3,209	3,362
1,020 SH - PIRAEUS BANK SA ADR	3,870	2,224
72 SH - ROLLS ROYCE HOLDING PLC	6,453	4,838
132 SH - RYOHIN KEIKAKU CO - UNSPON ADR	2,976	3,267
23 SH - SHIRE PLC	4,098	4,888
240 SH - SOFTBANK CORP ADR	8,949	7,128
159 SH - TEVA PHARMACEUTICALS	8,403	9,144
110 SH - WOLTERS KLUWER NV SPON ADR	2,974	3,355

- TIN:

TY 2014 InvestmentsGovtObligationsSch

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

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:

1,464,135

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

1,629,668

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
40,000 GNMA PASS THRU POOL 12%	AT COST	1,303	1
5,000 FED NATIONAL MTG 7% 9/25/20	AT COST	26	31
1,431.72 SH - COMMONWEALTH REIT COM SH BEN INT	AT COST	92,345	36,752
42,000 - JPM CONTINGENT CD BASKET OF COMM	AT COST	42,000	40,442
1,013.082 SH - FIRST TRUST PORTFOLIO LP DEEP VALUE SUB 10 PORT	AT COST	10,542	12,907
921.02 SH - FIRST TRUST PORTFOLIO LP DOW TARGET 10	AT COST	0	0
20,000 GE CAP RETAIL BK CD 2.00% 5/30/19	AT COST	20,000	19,870
20,000 GE CAP RETAIL BK CD 2.65% 5/30/19	AT COST	20,000	19,919

- TIN:

TY 2014 OtherAssetsSchedule

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED INTEREST RECEIVABLE	23,519	26,798	26,798
DUE FROM BROKER	3,749	3,433	3,433

- TIN:

TY 2014 OtherExpensesSchedule

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
BANK SERVICE CHARGES	396	396	0
INVESTMENT SERVICE FEES	8,396	8,396	0
ADVERTISING	140	0	140
NYS FILING FEE	250	0	250

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
THRU WELLS FARGO - NON DIVIDEND DISTRIBUTIONS	6,830	6,830	6,830
THRU WELLS FARGO - NON DIVIDEND DISTRIBUTIONS	547	547	547
MISCELLANEOUS INCOME	84	84	84

- TIN:

TY 2014 SubstantialContributorsSch

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

Name	Address
	265 E 65TH STREET 10E NEW YORK,NY10065

- TIN:

TY 2014 TaxesSchedule

Name:

SHIRLEY & WILLIAM R FLEISCHER FAMILY

FOUNDATION INC

EIN: 11-6048777

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES PAID	1,606	1,606		0
FEDERAL EXCISE TAX	8,407	0		0