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
MKM Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

23-7966478
B Telephone number (see instructions)

(800) 839-1754
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$22,198,617J 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).............. 0
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 522,872 522,872  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 755,945
b Gross sales price for all assets on line 6a 2,589,825
7 Capital gain net income (from Part IV, line 2)... 755,945
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 640,713    
12 Total. Add lines 1 through 11........ 1,919,530 1,278,817  
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 1,500 0 0 1,500
c Other professional fees (attach schedule).... Click to see attachment 77,213 77,213    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,560      
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 21,323 9   19,064
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 118,596 77,222 0 20,564
25 Contributions, gifts, grants paid........ 1,018,000 1,018,000
26 Total expenses and disbursements. Add lines 24 and 25 1,136,596 77,222 0 1,038,564
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 782,934
b Net investment income (if negative, enter -0-) 1,201,595
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............... 3    
2 Savings and temporary cash investments.......... 174,813 1,532,025 1,532,025
3 Accounts receivable bullet3,294
Less: allowance for doubtful accounts bullet     3,294 3,294
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)   Click to see attachment1,492,194 1,453,223
b Investments—corporate stock (attach schedule)........   Click to see attachment11,503,544 17,460,850
c Investments—corporate bonds (attach schedule)........   Click to see attachment1,817,076 1,749,225
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 15,390,383    
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,565,199 16,348,133 22,198,617
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......... 15,533,146  
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 32,053 16,348,133
30 Total net assets or fund balances (see instructions)...... 15,565,199 16,348,133
31 Total liabilities and net assets/fund balances (see instructions).. 15,565,199 16,348,133
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 15,565,199
2 Enter amount from Part I, line 27a..................... 2 782,934
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 16,348,133
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 16,348,133
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 Publicly-traded Securities      
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 2,589,825   1,833,880 755,945
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       755,945
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 755,945
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see 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 467,248 11,690,461 0.039968
2012 222,666 8,483,734 0.026246
2011 180,269 3,781,287 0.047674
2010 152,665 3,318,737 0.046001
2009 135,615 3,166,458 0.042829
2 Total of line 1, column (d) ...................... 2 0.202718
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 0.040544
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 20,645,372
5 Multiply line 4 by line 3....................... 5 837,046
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 12,016
7 Add lines 5 and 6......................... 7 849,062
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,038,564
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:   (attach copy of letter if necessary–see instructions)
b 1 12,016
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 12,016
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 12,016
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 19,820
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,073
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,893
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 2
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 13,875
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet12,100 RefundedBullet 11 1,775
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)
    bulletNJ
    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. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 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
     
     
    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
    Yes
     
    .........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). Click to see attachment
    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
    Marie O'Donnell Trustee
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Elizabeth Anne Vogelmann Trustee
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    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
    Glenmede Investment Mgmt 77,213
    1650 Market Street Suite 1200
    PHILADELPHIA,PA191037391
    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  
    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
    19,909,065
    b
    Average of monthly cash balances.......................
    1b
    717,980
    c
    Fair market value of all other assets (see instructions)................
    1c
    332,724
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,959,769
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    20,959,769
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    314,397
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,645,372
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,032,269
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,032,269
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    12,016
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,016
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,020,253
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,020,253
    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
    1,020,253
    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
    1,038,564
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,038,564
    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
    12,016
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,026,548
    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 1,020,253
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:2012, 2011, 2010  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011....... 73,814
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 73,814
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,038,564
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 1,020,253
    e Remaining amount distributed out of corpus 18,311
    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 92,125
    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 ......     		92,125
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 73,814
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014.... 18,311
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    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
    AARP FOUNDATION
    601 E ST NW RM A8230
    WASHINGTON,DC20049     		N/A PC Taxaide program; restricted to PA-1 Region 6,000
    ACADEMY OF NATURAL SCIENCES
    1900 BENJAMIN FRANKLIN PKWY
    PHILADELPHIA,PA19103     		N/A PC Annual Fund 10,000
    ALMOST HOME ANIMAL SHELTER AND ADOPTION CENTER INC
    9140 PENNSAUKEN HWY STE C
    PENNSAUKEN,NJ08110     		N/A PC Operating fund 5,000
    AMERICAN FOUNDATION FOR SUICIDE PREVENTION
    120 WALL ST 22ND FL
    NEW YORK,NY10005     		N/A PC for greatest need Program 25,000
    ANIMAL ADOPTION CENTER INC
    501 BERLIN RD N
    LINDENWOLD,NJ08021     		N/A PC General & Unrestricted 10,000
    ANTI VIOLENCE PARTNERSHIP OF PHILADELPHIA
    2000 Hamilton St ste 304
    PHILADELPHIA,PA19130     		N/A PC General & Unrestricted 5,000
    ASSOCIATED HUMANE SOCIETIES INC
    124 EVERGREEN AVE
    NEWARK,NJ07114     		N/A PC Popcorn Park Zoo 5,000
    ASSOC OF SMALL FdNS DBA EXPONENT PHILanthropy
    1720 N ST NW
    WASHINGTON,DC20036     		N/A PC operating fund 1,000
    AZUKA THEATRE COLLECTIVE
    1636 SANSOM ST
    PHILADELPHIA,PA19103     		N/A PC General & Unrestricted 5,000
    BRYN MAWR HOSPITAL FOUNDATION
    130 S BRYN MAWR AVE
    BRYN MAWR,PA19010     		N/A PC Comprehensive Breast Center in Support of Patients who need Financial Assistance 10,000
    CENTER FOR DISASTER PHILANTHROPY INC
    1201 CONNECTICUT AVE NW STE 300
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 50,000
    CHARITY NAVIGATOR
    139 HARRISTOWN RD STE 201
    GLEN ROCK,NJ07452     		N/A PC General & Unrestricted 1,000
    CHARITY NAVIGATOR
    139 HARRISTOWN RD STE 201
    GLEN ROCK,NJ07452     		N/A PC for greatest need Program 1,000
    COLLINGSWOOD FRIENDS OF THE LIBRARY
    771 HADDON AVE
    COLLINGSWOOD,NJ08108     		N/A PC General & Unrestricted 2,500
    COMMUNITY FOUNDATION OF NEW JERSEY
    PO BOX 338
    MORRISTOWN,NJ07963     		N/A PC New Jersey Recovery Fund 20,000
    COMMUNITY LEARNING CENTER
    2701 N BROAD ST
    PHILADELPHIA,PA19132     		N/A PC Helping Adults Succeed in West Philadelphia Initiative 30,000
    COMMUNITY LEARNING CENTER
    2701 N BROAD ST
    PHILADELPHIA,PA19132     		N/A PC Helping Adults Succeed in West Philadelphia Initiative 20,000
    CULTUREWORKS GREATER PHILADELPHIA INC
    1315 WALNUT ST STE 320
    PHILADELPHIA,PA19107     		N/A PC Jazz Orchestra Project 12,000
    DOLCE SUONO CHAMBER MUSIC CONCERT SERIES INC
    135 N 22ND ST
    PHILADELPHIA,PA19103     		N/A PC General & Unrestricted 3,000
    ELDERNET OF LOWER MERION AND NARBERTH
    9 S BRYN MAWR AVE
    BRYN MAWR,PA19010     		N/A PC General & Unrestricted 5,000
    ELON UNIVERSITY
    2600 CAMPUS BOX
    ELON,NC27244     		N/A PC Annual Fund - Elon's Greatest Need 20,000
    ELON UNIVERSITY
    2600 CAMPUS BOX
    ELON,NC27244     		N/A PC Hillel Operating Budget Fund 500
    ELON UNIVERSITY
    2600 CAMPUS BOX
    ELON,NC27244     		N/A PC Odyssey Scholarship Fund 72,500
    ELON UNIVERSITY
    2600 CAMPUS BOX
    ELON,NC27244     		N/A PC Odyssey Scholarship Fund 40,000
    FOOD BANK OF SOUTH JERSEY INC
    1501 JOHN TIPTON BLVD
    PENNSAUKEN,NJ08110     		N/A PC Hope Mobile and Twilight Harvest Division 17,500
    FRACTURED ATLAS INC
    248 W 35TH ST 10TH FLR
    NEW YORK,NY10001     		N/A PC Philadelphia Artists' Collective Program 10,000
    FRACTURED ATLAS PRODUCTIONS INC
    248 W 35TH ST 10TH FLR
    NEW YORK,NY10001     		N/A PC Philadelphia Artists' Collective Program 3,000
    FREE THE SLAVES
    1320 19TH ST NW STE 600
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 10,000
    FRIENDS CENTRAL SCHOOL CORPORATION
    1101 CITY AVE
    WYNNEWOOD,PA19096     		N/A PC David Felsen Scholarship Fund 15,000
    FRIENDS CENTRAL SCHOOL CORPORATION
    1101 CITY AVE
    WYNNEWOOD,PA19096     		N/A PC Annual Giving Campaign 10,000
    FRINGEARTS
    140 N COLUMBUS BLVD
    PHILADELPHIA,PA19106     		N/A PC General & Unrestricted 8,000
    GUIDESTAR USA INC
    4801 COURTHOUSE ST STE 220
    WILLIAMSBURG,VA23188     		N/A PC General & Unrestricted 1,000
    HAVERFORD TOWNSHIP FREE LIBRARY ASSN
    1601 DARBY RD
    HAVERTOWN,PA19083     		N/A PC General & Unrestricted 10,000
    HEADLONG DANCE THEATER
    1170 S BROAD ST
    PHILADELPHIA,PA19146     		N/A PC General & Unrestricted 5,000
    HILLTOP PREPARATORY SCHOOL INC
    737 S ITHAN AVE
    ROSEMONT,PA19010     		N/A PC Annual Fund 5,000
    IMPACT 100 PHILADELPHIA
    PO BOX 275
    WYNNEWOOD,PA19096     		N/A PC General & Unrestricted 1,000
    IMPACT 100 PHILADELPHIA
    PO BOX 275
    WYNNEWOOD,PA19096     		N/A PC operating fund 6,000
    INIS NUA THEATRE COMPANY
    1427 SPRUCE ST 1F
    PHILADELPHIA,PA19102     		N/A PC General & Unrestricted 7,000
    JAZZ BRIDGE PROJECT INC
    3008 LIMEKILN PIKE
    GLENSIDE,PA19038     		N/A PC for greatest need Program 15,000
    JUPITER MEDICAL CENTER FOUNDATION INC
    1210 S OLD DIXIE HWY
    JUPITER,FL33458     		N/A PC General & Unrestricted 5,000
    JUVENILE DIABETES RESEARCH FDN INTERNATIONal
    225 CITY LINE AVE
    BALA CYNWYD,PA19004     		N/A PC General & Unrestricted 3,000
    KANSAS UNIVERSITY ENDOWMENT ASSOC
    PO BOX 928
    LAWRENCE,KS66044     		N/A PC Monarch Watch Program 2,500
    KATIE AT THE BAT TEAM
    257 STANDISH RD
    MERION,PA19066     		N/A PC General & Unrestricted 26,000
    KNIGHT PARK TRUSTEES
    po box 8731
    COLLINGSWOOD,NJ08108     		N/A NC Restoration of the Knight Park Caretaker's House 3,000
    LANTERN THEATER COMPANY
    PO BOX 53428
    PHILADELPHIA,PA19105     		N/A PC General & Unrestricted 3,000
    LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY
    3 MANHATTAN DR
    BURLINGTON,NJ08016     		N/A PC New Visions Homeless Day Shelter Program 50,000
    MANN CENTER FOR THE PERFORMING ARTS
    123 S BROAD ST STE 1930
    PHILADELPHIA,PA19109     		N/A PC General & Unrestricted 1,000
    MANN CENTER FOR THE PERFORMING ARTS
    123 S BROAD ST STE 1930
    PHILADELPHIA,PA19109     		N/A PC Master Class Series Workshops 25,000
    MEDIA THEATRE FOR THE PERFORMING ARTS
    104 E STATE ST
    MEDIA,PA19063     		N/A PC General & Unrestricted 2,000
    MTAALA FOUNDATION
    230 KINGS HWY 136
    HADDONFIELD,NJ08033     		N/A PC General & Unrestricted 2,500
    MUSICIANS EMERGENCY RELIEF FUND-802
    322 W 48TH ST
    NEW YORK,NY10036     		N/A PF Operating Expenses 10,000
    NEW JERSEY TREE FOUNDATION INC
    576 LEESVILLE RD
    JACKSON,NJ08527     		N/A PC Camden Urban Airshed Reforestation Program 10,000
    OAKMONT FIRE CO NO 1 OF HAVERFORD TOWNSHIP
    23 W BENEDICT AVE
    HAVERTOWN,PA19083     		N/A PC General & Unrestricted 5,000
    PAINTED BRIDE ART CENTER INC
    230 VINE ST
    PHILADELPHIA,PA19106     		N/A PC Revolution Shakespeare Program 5,000
    PALMYRA COVE ENVIRONMENTAL EDUCATION FOUNDATION
    PO BOX 6
    PALMYRA,NJ08065     		N/A PC Complete the Laptop Project 5,000
    PASSYUNK SQUARE CIVIC ASSOCIATION
    PO BOX 18052
    PHILADELPHIA,PA19147     		N/A PC Andrew Jackson School Fund 5,000
    PENNSYLVANIA ACADEMY OF THE FINE ARTS
    128 N BROAD ST
    PHILADELPHIA,PA19102     		N/A PC General & Unrestricted 5,000
    PENNSYLVANIA PRISON SOCIETY
    245 N BROAD ST
    PHILADELPHIA,PA19107     		N/A PC Prisoner Reentry Network 15,000
    PENNSYLVANIA PRISON SOCIETY
    245 N BROAD ST
    PHILADELPHIA,PA19107     		N/A PC Reentry Workshops for Formerly Incarcerated Women 30,000
    PERKINS CENTER FOR THE ARTS
    395 KINGS HWY
    MOORESTOWN,NJ08057     		N/A PC For use by the Collingswood location 5,000
    PHILABUNDANCE
    3616 S GALLOWAY ST
    PHILADELPHIA,PA19148     		N/A PC Chester Fare and Square operating fund 25,000
    PHILABUNDANCE
    3616 S GALLOWAY ST
    PHILADELPHIA,PA19148     		N/A PC Fresh for All Program 25,000
    PHILADELPHIA CORPORATION FOR AGING
    642 N BROAD ST
    PHILADELPHIA,PA19130     		N/A PC The Emergency Fund for Older Philadelphians 22,500
    PHILADELPHIA FILM SOCIETY
    1412 CHESTNUT ST
    PHILADELPHIA,PA19102     		N/A PC PFS Theater at the Roxy Project 5,000
    PHILADELPHIA FREEDOM VALLEY YOUNG MENS CHRISTIAN
    2000 MARKET ST STE 750
    PHILADELPHIA,PA19103     		N/A PC Annual Fund 2,000
    PHILADELPHIA ORCHESTRA ASSOCIATION
    1 S BROAD ST 14TH FL
    PHILADELPHIA,PA19107     		N/A PC operating fund 15,000
    PHILADELPHIA ORCHESTRA RETIREES AND FRIENDS INC
    1102 CROMWELL RD
    WYNDMOOR,PA19038     		N/A PC General & Unrestricted 1,000
    PINELANDS PRESERVATION ALLIANCE INC
    17 PEMBERTON RD
    SOUTHAMPTON,NJ08088     		N/A PC Reserve Fund for South Jersey Gas Pipeline Project and Strengthening the PInelands Protection Plan 10,000
    PLEASE TOUCH MUSEUM
    4231 AVE OF THE REPUBLIC AVE
    PHILADELPHIA,PA19131     		N/A PC Legacy of Play Campaign 5,000
    POLARIS PROJECT
    PO BOX 65323
    WASHINGTON,DC20035     		N/A PC Global Human Trafficking Hotline Network 10,000
    PROJECT GUTENBERG LITERARY ARCHIVE FOUNDATION INC
    809 N 1500 W
    SALT LAKE CTY,UT84116     		N/A PC General & Unrestricted 10,000
    PROJECT HOME
    1515 FAIRMONT AVE
    PHILADELPHIA,PA19130     		N/A PC The Honickman Learning Center and Comcast Technology Labs Fund 10,000
    RIVERFRONT HISTORICAL SOCIETY
    PO BOX 172
    BEVERLY,NJ08010     		N/A PC General & Unrestricted 2,500
    SAVE VENICE INC
    133 E 58TH ST STE 501
    NEW YORK,NY10022     		N/A PC Wellheads in Public Squares in Venice Project 15,000
    SHINING HOPE FOR COMMUNITIES INC
    14 RED GLEN RD
    MIDDLETOWN,CT06457     		N/A PC General & Unrestricted 10,000
    ST JOSEPHS PREPARATORY SCHOOL
    1733 W GIRARD AVE
    PHILADELPHIA,PA19130     		N/A PC Campaign for the Sciences 5,000
    ST JOSEPHS UNIVERSITY
    5600 CITY AVE
    PHILADELPHIA,PA19131     		N/A PC President's Magis Scholarship Fund 8,000
    ST PAUL EVANGELICAL LUTHERAN CHURCH
    832 PARK AVE
    COLLINGSWOOD,NJ08108     		N/A PC Food Pantry Program 5,000
    SURGICAL EYE EXPEDITIONS INTERNATIONAL INC
    6950 HOLLISTER AVE STE 250
    SANTA BARBARA,CA93117     		N/A PC International programs 10,000
    THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION
    PO BOX 781352
    PHILADELPHIA,PA19178     		N/A PC Homeless Health Initiative 25,000
    THE ELEPHANT SANCTUARY IN TENNESSEE
    PO BOX 393
    HOHENWALD,TN38462     		N/A PC for greatest need Program 5,000
    THE NATIONAL MILITARY FAMILY ASSOCIATION INC
    3601 EISENHOWER AVE STE 425
    ALEXANDRIA,VA22304     		N/A PC For greatest need Program 10,000
    THE RITZ THEATRE COMPANY INC
    915 WHITE HORSE PIKE
    HADDON TWP,NJ08107     		N/A PC General & Unrestricted 10,000
    THE ROEBLING MAIN GATE MUSEUM
    PO BOX 9
    ROEBLING,NJ08554     		N/A PC General & Unrestricted 2,500
    THE SHIPLEY SCHOOL
    814 YARROW ST
    BRYN MAWR,PA19010     		N/A PC Dr. Lynn Ennis Iozzo Memorial Scholarship Fund 10,000
    TRIPLE GEM SOCIETY INC
    PO BOX 713
    PRINCETON,NJ08542     		N/A PC General & Unrestricted 10,000
    US FRIENDS OF THE DAVID SHELDRICK WILDLife trust
    201 N ILLINOIS ST 16TH FL S TWr
    INDIANAPOLIS,IN46204     		N/A PC General & Unrestricted 7,000
    VILLANOVA UNIVERSITY
    800 E LANCASTER AVE
    VILLANOVA,PA19085     		N/A PC Annual Fund 8,000
    VITAL VOICES GLOBAL PARTNERSHIP INC
    1625 MASSACHUSETTS AVE NW STE 300
    WASHINGTON,DC20036     		N/A PC Initiative to Combat Human Trafficking 10,000
    WAGNER FREE INSTITUTE OF SCIENCE
    1700 W MONTGOMERY AVE
    PHILADELPHIA,PA19121     		N/A PC General & Unrestricted 5,000
    WIKIMEDIA FOUNDATION INC
    PO BOX 98204
    WASHINGTON,DC20090     		N/A PC General & Unrestricted 5,000
    WOODFORD CEDAR RUN WILDLIFE REFUGE INC
    4 SAW MILL RD
    MEDFORD,NJ08055     		N/A PC for greatest need Program 5,000
    WORLDWIDE FISTULA FUND INC
    1100 E WOODFIELD RD STE 350
    SCHAUMBURG,IL60173     		N/A PC Sponsorship of Fistula Surgical Costs Program 7,500
    ZETA TAU ALPHA FOUNDATION INC
    3450 FOUNDERS RD
    INDIANAPOLIS,IN46268     		N/A PC General & Unrestricted 1,000
    Total .................................bullet 3a 1,018,000
    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 ............     		         
    4 Dividends and interest from securities....     14 522,872  
    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.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 755,945  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aLIFE INSURANCE PROCEEDS     01 640,713  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,919,530  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,919,530
    (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


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    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    MKM Foundation
    EIN: 23-7966478
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Return Preparation/Review 1,500     1,500

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    TY 2014 DepreciationSchedule
    Name:
    MKM Foundation
    EIN: 23-7966478
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

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    TY 2014 ExpenditureResponsibilityStmt
    Name:
    MKM Foundation
    EIN: 23-7966478
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
     
          		po box 8731
    COLLINGSWOOD,NJ08108     		2014-05-30 3,000 Restoration of the Knight Park Caretaker's House 3,000 NO 6/25/15   none necessary
     
          		322 WEST 48TH STREET
    NEW YORK,NY10036     		2014-05-30 10,000 Operating Expenses 10,000 NO 12/23/14   none necessary

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    MKM Foundation
    EIN: 23-7966478
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACKROCK INC - 6.25% - 09/15/ 142,269 134,435
    CATERPILLAR INC NTS - 7.900% - 133,886 121,924
    CISCO SYS INC-2.90%-03/04/2021 100,705 101,829
    DEERE JOHN CAP CORP - 3.900% - 137,009 135,473
    GENERAL ELEC CAP CORP - 5.300% 142,037 142,748
    HONEYWELL - 5.3% - 03/01/2018 130,736 122,021
    INTEL CORP NOTE - 3.300% - 10/ 135,477 141,564
    INTERNATIONAL BUSINESS MACHS - 142,210 128,000
    ORACLE CORP NOTES - 5.750% - 0 133,613 124,351
    PEPSICO INC - 7.900% - 11/01/2 137,335 121,660
    TOYOTA MOTOR CREDIT CORP MTN 0 131,716 132,357
    UNITED TECHNOLOGIES CORP - 6. 132,441 127,712
    WAL MART STORES INC NT - 5.800 48,444 45,323
    WAL-MART STORES INC - 7.550% - 100,278 103,089
    WELLS FARGO - 5.625% - 12/11/2 68,920 66,739

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    MKM Foundation
    EIN: 23-7966478
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 187,301 394,368
    ABBOTT LABS 162,491 279,124
    ABBVIE INC. 131,385 307,568
    APPLE INC. 80,609 154,532
    AT&T, INC 324,145 309,028
    AUTOMATIC DATA PROCESSING INC. 190,645 416,850
    AVAGO TECHNOLOGIES LIMITED 80,530 251,475
    BAXTER INTERNATIONAL INC. 222,587 329,805
    BERKSHIRE HATHAWAY INC DEL CL 87,920 226,000
    BRISTOL-MYERS SQUIBB CO 226,257 395,501
    CALIFORNIA RESOURCES CORPORATI 3,077 2,645
    CDK GLOBAL INC 27,029 67,906
    CHEVRON CORP 191,622 358,976
    CHUBB CORP 224,677 393,186
    CISCO SYSTEMS INC 229,347 297,674
    CLOROX CO 191,654 312,630
    CONOCOPHILLIPS 144,551 234,804
    DEVON ENERGY CORPORATION 75,126 73,452
    DOMINION RESOURCES INC 232,926 446,020
    DU PONT DE NEMOURS 239,720 347,518
    ELI LILLY & CO 313,450 413,940
    EMERSON ELECTRIC CO. 178,791 302,477
    EXPRESS SCRIPTS HOLDING CO. 25,759 110,071
    EXXON MOBIL CORP 199,280 307,396
    GENERAL ELECTRIC CO 276,581 214,795
    GLENMEDE FUND INTERNATIONAL 472,223 356,467
    GLENMEDE SMALL CAP ADVISOR 500,631 637,970
    HOME DEPOT INC. 162,150 524,850
    ILLINOIS TOOL WORKS 220,476 426,150
    INTEL CORP 147,678 264,917
    ISHARES RUSSELL 2000 349,895 484,939
    JOHNSON & JOHNSON 215,586 376,452
    KELLOGG CO 211,120 274,848
    MATTHEWS PACIFIC TIGER FUND I 410,098 487,686
    MERCK & CO INC. 216,489 346,419
    MICROCHIP TECHNOLOGY INC. 150,946 189,462
    MICROSOFT CORPORATION 233,736 394,825
    NATL OILWELL VARCO 97,500 104,848
    NESTLE S.A. 46,202 87,540
    NEXTERA ENERGY, INC 181,078 425,160
    NIKE INC-CL B 167,017 413,445
    NORTHERN TRUST CORPORATION 229,172 269,600
    NOW INC. 10,602 10,292
    OCCIDENTAL PETROLEUM CORP 85,160 96,732
    OMNICOM GROUP 176,427 364,109
    ORACLE CORP 266,244 314,790
    PARKER HANNIFIN CP 80,432 103,160
    PEPSICO INC 195,505 312,048
    PNC FINANCIAL GROUP INC. 141,453 182,460
    PROCTER GAMBLE CO 182,007 291,488
    QUALCOMM INC 151,590 222,990
    SCHLUMBERGER LTD 201,700 324,558
    T. ROWE PRICE INSTL EMERG 281,715 268,938
    TARGET CORPORATION 136,277 239,117
    TEXAS INSTRUMENTS INC. 139,631 229,921
    TIAA CREF HIGH YIELD INST 54,052 55,587
    TWEEDY BROWNE GLOBAL VALUE FUN 483,621 502,768
    UNION PACIFIC 134,304 190,608
    US BANCORP 170,477 211,265
    WALGREEN BOOTS ALLIANCE INC 217,390 381,000
    YUM BRANDS INC 135,500 145,700

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    MKM Foundation
    EIN: 23-7966478
    US Government Securities - End of Year Book Value:

    1,492,194
    US Government Securities - End of Year Fair Market Value:

    1,453,223
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 OtherExpensesSchedule
    Name:
    MKM Foundation
    EIN: 23-7966478
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 10,084     10,084
    Administrative Set-Up Fee 7,500     7,500
    Bank Charges 9 9    
    Foundation Dues & Memberships 1,450     1,450
    Life Insurance Premium 2,250      
    State or Local Filing Fees 30     30


    TY 2014 OtherIncomeSchedule2
    Name:
    MKM Foundation
    EIN: 23-7966478
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    life insurance proceeds 640,713    


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    MKM Foundation
    EIN: 23-7966478
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 77,213 77,213    


    TY 2014 TaxesSchedule
    Name:
    MKM Foundation
    EIN: 23-7966478
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2014 18,560