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
SIDNEY KOHL FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)340 ROYAL POINCIANA WAY NO 305   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33480
A Employer identification number

65-6429919
B Telephone number (see instructions)

(561) 833-4211
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$47,382,120J 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...... 1,116,846 1,116,846  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 342,713
b Gross sales price for all assets on line 6a 4,613,496
7 Capital gain net income (from Part IV, line 2)... 342,713
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 61,393 61,393  
12 Total. Add lines 1 through 11........ 1,520,952 1,520,952  
Operating and Administrative Expenses 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)....... Click to see attachment 3,662 0   3,662
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 56,355 19,636   0
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 89,547 89,503   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 149,564 109,139   3,662
25 Contributions, gifts, grants paid........ 1,333,228 1,333,228
26 Total expenses and disbursements. Add lines 24 and 25 1,482,792 109,139   1,336,890
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 38,160
b Net investment income (if negative, enter -0-) 1,411,813
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 312,043 362,817 362,817
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 25,615,623 Click to see attachment25,732,808 28,668,167
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 17,268,554 Click to see attachment17,036,255 18,351,136
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) 43,196,220 43,131,880 47,382,120
Liabilities 17 Accounts payable and accrued expenses.......... 102,500  
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).......... 102,500 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......... 43,093,720 43,131,880
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)...... 43,093,720 43,131,880
31 Total liabilities and net assets/fund balances (see instructions).. 43,196,220 43,131,880
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 43,093,720
2 Enter amount from Part I, line 27a..................... 2 38,160
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 43,131,880
5 Decreases not included in line 2 (itemize) bullet 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 43,131,880
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 FROM K-1 PASS THRU - LT P 2013-01-01 2014-07-01
b CHARLES SCHWAB - SHORT TERM P 2013-01-09 2014-01-09
c CHARLES SCHWAB - LONG TERM P 2012-12-18 2014-08-13
d WELLS FARGO P 2013-12-18 2014-12-31
e FROM K-1 PASS THRU - ST P 2013-12-31 2014-01-02
(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 343,750     343,750
b 1,516,657   1,621,013 -104,356
c 2,682,609   2,579,087 103,522
d 70,480     70,480
e     70,683 -70,683
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       343,750
b       -104,356
c       103,522
d       70,480
e       -70,683
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 2 342,713
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 1,574,221 44,451,321 0.035414
2012 360,593 23,123,355 0.015594
2011 650,524 2,222,675 0.292676
2010 719,457 2,634,620 0.273078
2009 622,222 3,233,383 0.192437
2 Total of line 1, column (d) ...................... 2 0.809199
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 0.161840
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 46,165,080
5 Multiply line 4 by line 3....................... 5 7,471,357
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 14,118
7 Add lines 5 and 6......................... 7 7,485,475
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,336,890
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 28,236
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 28,236
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 28,236
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 17,060
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,060
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 154
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 18,670
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet18,670 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
Yes
 
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)
    bulletFL
    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 addressbulletN/A
    14
    The books are in care ofbulletSIDNEY A KOHL Telephone no.bullet (561) 833-4211
    Located atbullet340 ROYAL POINCIANA WAY 305PALM BEACHFL ZIP+4bullet33480
    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
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    SIDNEY A KOHL TRUSTEE
    0.00     		0 0 0
    340 ROYAL POINCIANA WAY STE 305
    PALM BEACH,FL33480
    DOROTHY L KOHL TRUSTEE
    0.00     		0 0 0
    340 ROYAL POINCIANA WAY STE 305
    PALM BEACH,FL33480
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THIS FOUNDATION MAY PROVIDE GRANTS TO QUALIFIED ORGANIZATIONS IT DOES NOT PARTICIPATE IN ANY DIRECT CHARITABLE ACTIVITIES. 0
    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.........................bullet0
    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
    28,590,439
    b
    Average of monthly cash balances.......................
    1b
    273,746
    c
    Fair market value of all other assets (see instructions)................
    1c
    18,003,917
    d
    Total (add lines 1a, b, and c).........................
    1d
    46,868,102
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    46,868,102
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    703,022
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    46,165,080
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,308,254
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,308,254
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    28,236
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    28,236
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,280,018
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,280,018
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,280,018
    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
    1,336,890
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,336,890
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,336,890
    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 2,280,018
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 445,192
    b From 2010....... 720,368
    c From 2011....... 651,432
    d From 2012....... 360,593
    e From 2013.......  
    fTotal of lines 3a through e......... 2,177,585
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,336,890
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		Click to see attachment0
    d Applied to 2014 distributable amount..... 1,336,890
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 943,128 943,128
    (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 1,234,457
    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 ..........     		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) .......     		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 ......     		1,234,457
    10 Analysis of line 9:
    a Excess from 2010.... 222,432
    b Excess from 2011.... 651,432
    c Excess from 2012.... 360,593
    d Excess from 2013....  
    e Excess from 2014....  
    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).)
    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 e-mail address of the person to whom applications should be addressed:
    SIDNEY KOHL
    340 ROYAL POINCIANA WAY STE 305
    PALM BEACH,FL33480
    (561) 833-4211
    bThe form in which applications should be submitted and information and materials they should include:
    NO PARTICULAR FORM OR APPLICATION IS NECESSARY. ONLY A LETTER THAT GIVES ESSENTIAL DETAILS OF THE PROJECT IS REQUIRED.
    cAny submission deadlines:
    NO SUBMISSION DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO RESTRICTIONS OR LIMITATIONS EXCEPT THAT THE FOUNDATION DOES NOT AWARD GRANTS TO INDIVIDUALS, NOR AWARD SCHOLARSHIPS, FELLOWSHIPS, LOANS, PRIZES OR SIMILAR BENEFITS.
    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
    AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE
    633 THIRD AVENUE
    NEW YORK,NY10017     		NONE PUBLIC CHARITABLE 1,000
    A WOMAN'S JOURNEY - JOHN HOPKINS HEALTH SYSTEM
    901 SOUTH BOND STREET SUITE 520
    BALTIMORE,MD21231     		NONE PUBLIC CHARITABLE 2,500
    ALEXIS DE TOCQUEVILLE SOCIETY OF PALM BEACH COMMUNITY CHEST
    44 COCOANUT ROW M201
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 25,000
    ALPERT JEWISH FAMILY & CHILDREN'S SERVICE
    5841 CORPORATE WAY SUITE 200
    WEST PALM BEACH,FL33407     		NONE PUBLIC CHARITABLE 5,000
    AMERICA FRIENDS OF MAGEN DAVID ADOM
    352 SEVENTH AVENUE SUITE 400
    NEW YORK,NY10001     		NONE PUBLIC CHARITABLE 1,000
    ANTI-DEFAMATION LEAGUE
    605 THIRD AVENUE
    NEW YORK,NY10158     		NONE PUBLIC CHARITABLE 2,500
    AMERICAN FRIENDS OF ISRAEL MUSEUM
    500 FIFTH AVENUE SUITE 2540
    NEW YORK,NY10110     		NONE PUBLIC CHARITABLE 7,300
    ASTRAEA FOUNDATION
    116 EAST 16TH STREET 7TH FL
    NEW YORK,NY10003     		NONE PUBLIC CHARITABLE 1,000
    AMERICAN FRIENDS OF THE HEBREW UNIVERSITY
    ONE BATTERY PARK PLAZA 25 FLOOR
    NEW YORK,NY10004     		NONE PUBLIC CHARITABLE 9,000
    AMERICAN HEART ASSOCIATION
    2300 CENTREPARK WEST DRIVE
    WEST PALM BEACH,FL33409     		NONE PUBLIC CHARITABLE 1,000
    ARCHER SCHOOL FOR GIRLS
    11725 SUNSET BOULEVARD
    LOS ANGELES,CA90049     		NONE PUBLIC CHARITABLE 59,000
    AMERICAN MUSEUM OF NATIONAL HISTORY
    CENTRAL PARK WEST AT 79TH STREET
    NEW YORK,NY10024     		NONE PUBLIC CHARITABLE 1,645
    AUTISM SPEAKS
    1 EAST 33RD STREET 4TH FLOOR
    NEW YORK,NY10016     		NONE PUBLIC CHARITABLE 1,000
    BEST FRIENDS ANIMAL SANCTUARY
    15321 BRAND BLVD
    MISSION HILLS,CA91345     		NONE PUBLIC CHARITABLE 2,000
    BOSTON UNIVERSITY-CENTER FOR PSYCHIARIC REHABILITATION
    595 COMMONWEALTH AVE 9TH FLOOR
    BOSTON,MA02215     		NONE PUBLIC CHARITABLE 5,000
    BOYS AND GIRLS CLUBS OF PALM BEACH COUNTY
    800 NORTHPOINT PARKWAY SUITE 204
    WEST PALM BEACH,FL33407     		NONE PUBLIC CHARITABLE 9,550
    BREAST CANCER RESEARCH FOUNDATION
    60 EAST 56TH STREET 8TH FLOOR
    NEW YORK,NY10022     		NONE PUBLIC CHARITABLE 5,000
    BREAST TREATMENT TASK FORCE
    150 WEST 25TH STREET SUITE 900
    NEW YORK,NY10001     		NONE PUBLIC CHARITABLE 1,000
    BRENTWOOD SCHOOL
    100 SOUTH BARRINGTON PLACE
    LOS ANGELES,CA90049     		NONE PUBLIC CHARITABLE 84,286
    BRIGHAM AND WOMEN'S HOSPITAL
    116 HUNTINGTON AVE 5TH FL
    BOSTON,MA02116     		NONE PUBLIC CHARITABLE 4,600
    BRUCE & MARSHA MOSKOWITZ CHAR FOUNDATION
    225 LIST ROAD
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 20,000
    CHEERFUL HELPERS CHILD AND FAMILY STUDY CENTER
    3300 WILSHIRE BOULEVARD
    LOS ANGELES,CA90010     		NONE PUBLIC CHARITABLE 5,000
    CHALLENGED ATHLETES FOUNDATION
    9591 WAPLES STREET
    SAN DIEGO,CA92121     		NONE PUBLIC CHARITABLE 1,000
    CENTER ON HALSTED
    3656 N HALSTED ST
    CHICAGO,IL60613     		NONE PUBLIC CHARITABLE 35,000
    CHICAGO HISTORY MUSEUM
    1601 N CLARK STREET
    CHICAGO,IL60614     		NONE PUBLIC CHARITABLE 5,000
    CHICAGO HIGH SCHOOL FOR THE ARTS
    2714 W AUGUSTA BLVD
    CHICAGO,IL60622     		NONE PUBLIC CHARITABLE 2,500
    CHICAGO SYMPHONY ORCHESTRA
    220 SOUTH MICHIGAN AVENUE
    CHICAGO,IL60604     		NONE PUBLIC CHARITABLE 61,700
    CHICAGO YOUTH CENTERS
    218 S WABASH AVE
    CHICAGO,IL60604     		NONE PUBLIC CHARITABLE 2,500
    CHILDRENS' ACTION NETWORK
    PO BOX 29907
    SAN FRANCISCO,CA94129     		NONE PUBLIC CHARITABLE 8,500
    CLEVELAND CLINIC FLORIDA BALL
    3050 SCIENCE PARK DRIVE / AC322
    BEACHWOOD,OH44122     		NONE PUBLIC CHARITABLE 5,000
    CHICAGO PUBLIC LIBRARY FOUNDATION
    20 NORTH MICHIGAN AVENUE SUITE 520
    CHICAGO,IL60602     		NONE PUBLIC CHARITABLE 2,500
    COLUMBIA UNIVERSITY
    622 WEST 113TH STREET MC 4524
    NEW YORK,NY10025     		NONE PUBLIC CHARITABLE 2,000
    CHILDREN'S HOME SOCIETY OF FLORIDA
    3333 FOREST HILL BOULEVARD
    WEST PALM BEACH,FL33406     		NONE PUBLIC CHARITABLE 3,000
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON ROAD SUITE 200
    BETHESDA,MD20814     		NONE PUBLIC CHARITABLE 700
    CIVIC BUILDERS
    304 HUDSON STREET 3RD FLOOR
    NEW YORK,NY10013     		NONE PUBLIC CHARITABLE 2,500
    COMMISSION FOR JEWISH EDUCATION OF THE PALM BEACHES
    4601 COMMUNITY DRIVE
    WEST PALM BEACH,FL33417     		NONE PUBLIC CHARITABLE 5,000
    CONGREGATION RODEPH SHOLOM
    7 W 83RD STREET
    NEW YORK,NY10024     		NONE PUBLIC CHARITABLE 10,000
    EASTER SEALS FLORIDA
    213 CONGRESS AVENUE
    WEST PALM BEACH,FL33409     		NONE PUBLIC CHARITABLE 1,000
    EQUALITY ILLINOIS EDUCATION PROJECT
    17 N STATE STREET
    CHICAGO,IL60602     		NONE PUBLIC CHARITABLE 5,000
    FARE
    7925 JONES BRANCH DRIVE SUITE 1100
    MCLEAN,VA22102     		NONE PUBLIC CHARITABLE 1,850
    FIDF IMPACT SCHOLARSHIP
    7700 CONGRESS AVESTE 3207
    BOCA RATON,FL33487     		NONE PUBLIC CHARITABLE 4,000
    FAU FOUNDATION INC
    777 GLADES ROAD ADM 295
    BOCA RATON,FL33431     		NONE PUBLIC CHARITABLE 1,000
    FLAGLER MUSEUM
    ONE WHITEHALL WAY
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 685
    FRIENDS OF THE ISRAELI DEFENSE FORCES
    1430 BROADWAY
    NEW YORK,NY10018     		NONE PUBLIC CHARITABLE 10,000
    GAY & LESBIAN VICTORY INSTITUTE
    1133 15TH STREET NW SUITE 350
    WASHINGTON,DC20005     		NONE PUBLIC CHARITABLE 3,000
    GLADES ACADEMY FOUNDATION INC
    ONE NORTH CLEMATIS STREET 200
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITABLE 500
    GOODMAN THEATRE
    1700 NORTH DEARBORN
    CHICAGO,IL60601     		NONE PUBLIC CHARITABLE 5,000
    HARRIS THEATRE FOR MUSIC & DANCE
    205 EAST RANDOLPH DRIVE
    CHICAGO,IL60601     		NONE PUBLIC CHARITABLE 2,000
    HARVARD LAW SCHOOL
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		NONE PUBLIC CHARITABLE 5,000
    HOSPICE FOUNDATION OF PALM BEACH COUNTY
    139 NORTH COUNTY ROAD
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 2,000
    HOW
    360 CYPRESS DRIVE 4
    JUPITER,FL33469     		NONE PUBLIC CHARITABLE 12,948
    INGENUITY- BE CREATIVE CAMPAIGN
    11 E HUBBARD ST STE 200
    CHICAGO,IL60611     		NONE PUBLIC CHARITABLE 33,000
    JCC MANHATTAN
    334 AMSTERDAM AVENUE 76TH ST
    NEW YORK,NY10023     		NONE PUBLIC CHARITABLE 5,000
    JEWISH FAMILY SERVICES OF LOS ANGELES
    3580 WILSHIRE BLVD STE700
    LOS ANGELES,CA90010     		NONE PUBLIC CHARITABLE 15,000
    JEWISH FEDERATION OF GREATER LOS ANGELES
    6505 WILSHIRE BOULEVARD
    LOS ANGELES,CA90048     		NONE PUBLIC CHARITABLE 7,500
    JEWISH VOCATIONAL SERVICE
    6505 WILSHIRE BLVD SUITE 200
    LOS ANGELES,CA90048     		NONE PUBLIC CHARITABLE 5,000
    JEWISH FEDERATION OF METROPOLITAN CHICAGO
    30 SOUTH WELLS STEET
    CHICAGO,IL60606     		NONE PUBLIC CHARITABLE 24,000
    JEWISH FEDERATION OF PALM BEACH COUNTY
    4601 COMMUNITY DRIVE
    WEST PALM BEACH,FL33417     		NONE PUBLIC CHARITABLE 88,500
    JEWISH UNITED FUND OF METROPOLITAN CHICAGO
    30 SOUTH WELLS STEET
    CHICAGO,IL60606     		NONE PUBLIC CHARITABLE 20,000
    KIDS DREAMS
    PO BOX 3947
    WEST PALM BEACH,FL33402     		NONE PUBLIC CHARITABLE 1,000
    KRAVIS CENTER FOR THE PERFORMING ARTS
    701 OKEECHOBEE BOULEVARD
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITABLE 16,930
    LA CASA NORTE
    3533 W NORTH AVENUE
    CHICAGO,IL60647     		NONE PUBLIC CHARITABLE 5,000
    LAMBDA LEGAL
    120 WALL STREET 19TH FLOOR
    NEW YORK,NY10005     		NONE PUBLIC CHARITABLE 5,000
    LOS ANGELES CHILDREN'S HOSPITAL
    PO BOX 847924
    LOS ANGELES,CA90084     		NONE PUBLIC CHARITABLE 10,000
    LOPEZ FOUNDATION
    21731 VENTURA BLVD SUITE 300
    WOODLAND HILLS,CA91364     		NONE PUBLIC CHARITABLE 20,000
    KAUFMAN MUSIC CENTER
    129 WEST 67TH STREET
    NEW YORK,NY10023     		NONE PUBLIC CHARITABLE 5,000
    MIDWEST YOUTH TENNIS & EDUCATION FDN
    1310 EAST 96TH STREET SUITE 100
    INDIANAPOLIS,IN46240     		NONE PUBLIC CHARITABLE 20,000
    MORSELIFE FOUNDATION INC
    4847 FRED GLADSTONE DRIVE
    WEST PALM BEACH,FL33417     		NONE PUBLIC CHARITABLE 23,750
    MASSACHUSETTS GENERAL HOSPITAL
    100 CAMBRIDGE STREETSTE 1310
    BOSTON,MA02114     		NONE PUBLIC CHARITABLE 12,550
    MERIT SCHOOL OF MUSIC
    38 SOUTH PEORIA STREET
    CHICAGO,IL60607     		NONE PUBLIC CHARITABLE 2,500
    NATIONAL JEWISH HEALTH
    1400 JACKSON STREET
    DENVER,CO80206     		NONE PUBLIC CHARITABLE 4,760
    NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY
    101 SOUTH INDEPENDENCE MALL EAST
    PHILADELPHIA,PA19106     		NONE PUBLIC CHARITABLE 4,580
    MILWAUKEE JEWISH FOUNDATION
    1360 N PROSPECT AVENUE
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITABLE 30,000
    NEW YORK UNIVERSTIY LANGONE
    25 WEST FOURTH STREET
    NEW YORK,NY10012     		NONE PUBLIC CHARITABLE 1,000
    NORTON MUSEUM OF ART
    1451 S OLIVE AVENUE
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITABLE 88,000
    NYICFF
    225 BROADWAY SUITE 2610
    NEW YORK,NY10007     		NONE PUBLIC CHARITABLE 1,000
    OCEAN PARK COMMUNITY CENTER
    1453 16TH STREET
    SANTA MONICA,CA90404     		NONE PUBLIC CHARITABLE 5,000
    ORPHANS OF THE STORM
    2200 RIVERWOODS ROAD
    RIVERWOODS,IL60015     		NONE PUBLIC CHARITABLE 500
    PALM BEACH DAY ACADEMY
    241 SEAVIEW AVE
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 2,500
    PALM BEACH CIVIC ASSOCIATION
    139 NORTH COUNTY ROAD SUITE 33
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 10,000
    PALM BEACH COUNTRY CLUB FOUNDATION
    760 NORTH OCEAN BLVD
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 1,000
    PALM BEACH PHOTOGRAPIC CENTER
    415 CLEMATIS STREET
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITABLE 5,025
    PALM BEACH POLICE FOUNDATION
    139 NORTH COUNTY ROAD SUITE 20C
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 5,000
    PALM BEACH SYNAGOGUE
    120 NORTH COUNTY ROAD
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 2,150
    PALM BEACH UNITED WAY
    44 COCOANUT ROW M201
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 10,000
    PARACARE ASSOCIATION OF PALM BEACH INC
    PO BOX 532
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 200
    PEER HEALTH EXCHANGE
    1460 BROADWAY 5-31
    NEW YORK,NY10036     		NONE PUBLIC CHARITABLE 1,000
    PLANNED PARENTHOOD
    2300 N FLORIDA MANGO ROAD
    WEST PALM BEACH,FL33409     		NONE PUBLIC CHARITABLE 12,510
    PAWS CHICAGO
    1997 N CLYBOURN AVENUE
    CHICAGO,IL60614     		NONE PUBLIC CHARITABLE 1,500
    PRESERVATION FOUNDATION OF PALM BEACH
    311 PERUVIAN AVENUE
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 9,150
    PHASE ONE FOUNDATION
    256 26TH STREET SUITE 201
    SANTA MONICA,CA90402     		NONE PUBLIC CHARITABLE 5,000
    PROSTATE CANCER FOUNDATION
    1250 FOURTH STREET
    SANTA MONICA,CA90401     		NONE PUBLIC CHARITABLE 5,000
    RONALD MCDONALD HOUSE NEW YORK
    405 EAST 73RD STREET
    NEW YORK,NY10021     		NONE PUBLIC CHARITABLE 2,500
    RUSH NEUROBEHAVIORAL CENTER
    1700 W VAN BUREN STREET SUITE 250
    CHICAGO,IL60612     		NONE PUBLIC CHARITABLE 4,770
    RYAN LICHT SANG BIPOLAR FOUNDATION
    PO BOX 2657
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 8,032
    ROUNDABOUT
    231 WEST 39TH ST SUITE 1200
    NEW YORK,NY10018     		NONE PUBLIC CHARITABLE 2,404
    SANTA MONICA BOYS & GIRLS CLUB
    1220 LINCOLN BLVD
    SANTA MONICA,CA90401     		NONE PUBLIC CHARITABLE 30,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE PUBLIC CHARITABLE 1,000
    STAR PAWS RESCUE FOUNDATION
    333 WEST WASHINGTON BLVD 309
    MARINA DEL REY,CA90292     		NONE PUBLIC CHARITABLE 2,000
    STEPHEN WISE FREE SYNAGOGUE
    30 WEST 68TH STREET
    NEW YORK,NY10023     		NONE PUBLIC CHARITABLE 10,000
    SUSAN G KOMEN FOR THE CURE
    5005 LBJ FREEWAY SUITE 250
    DALLAS,TX75244     		NONE PUBLIC CHARITABLE 7,300
    SYMPHONY SPACE
    2537 BROADWAY AT 95TH STREET
    NEW YORK,NY10025     		NONE PUBLIC CHARITABLE 8,170
    TEACHERS COLLEGE
    525 W 120TH STREET
    NEW YORK,NY10027     		NONE PUBLIC CHARITABLE 10,000
    TECTONIC THEATER PROJECT
    520 EIGHT AVE 313
    NEW YORK,NY10018     		NONE PUBLIC CHARITABLE 5,000
    TELSHE YESHIVA
    28400 EUCLID AVENUE
    WICKLIFFE,OH44092     		NONE PUBLIC CHARITABLE 100
    TEMPLE EMANU-EL OF PALM BEACH
    190 N COUNTY ROAD
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 11,275
    TEEN LIVING PROGRAMS
    162 W HUBBARD ST 400
    CHICAGO,IL60654     		NONE PUBLIC CHARITABLE 5,000
    THE ASPEN INSTITUTE
    ONE DUPONT CIRCLE NW SUITE 700
    WASHINGTON,DC20036     		NONE PUBLIC CHARITABLE 8,000
    THE JEWISH MUSEUM
    1109 5TH AVENUE
    NEW YORK,NY10128     		NONE PUBLIC CHARITABLE 2,000
    THE LEUKEMIA & LYMPHOMA SOCIETY
    3230 COMMERCE PLACE SUITE B
    WEST PALM BEACH,FL33407     		NONE PUBLIC CHARITABLE 1,000
    THE LORD'S PLACE
    PO BOX 3265
    WEST PALM BEACH,FL33402     		NONE PUBLIC CHARITABLE 2,000
    THE METROPOLITAN OPERA GUILD
    LINCOLN CENTER
    NEW YORK,NY10023     		NONE PUBLIC CHARITABLE 1,210
    THE NEW 42ND STREET
    229 W 42ND STREET
    NEW YORK,NY10036     		NONE PUBLIC CHARITABLE 1,950
    THE NIGHT MINISTRY
    4711 NORTH RAVENSWOOD AVENUE
    CHICAGO,IL60640     		NONE PUBLIC CHARITABLE 5,000
    THE DOE FUND
    232 EAST 84TH STREET
    NEW YORK,NY10028     		NONE PUBLIC CHARITABLE 1,000
    THE SOCIETY OF FOUR ARTS
    2 FOUR ARTS PLAZA
    PALM BEACH,FL33480     		NONE PUBLIC CHARITABLE 20,000
    THE SOLOMON R GUGGENHEIM FOUNDATION
    1071 FIFTH AVENUE
    NEW YORK,NY10128     		NONE PUBLIC CHARITABLE 13,498
    TRINITY SCHOOL
    139 WEST 91ST STREET
    NEW YORK,NY10024     		NONE PUBLIC CHARITABLE 117,400
    UNITED FRIENDS OF THE CHILDREN
    1055 WILSHIRE BOULEVARD SUITE 1955
    LOS ANGELES,CA90017     		NONE PUBLIC CHARITABLE 1,000
    UC SAN DIEGO FOUNDATION
    9500 GILMAN DRIVE 0940
    LA JOLLA,CA92093     		NONE PUBLIC CHARITABLE 20,000
    UNIVERSITY OF WISCONSIN HILLEL FOUNDATION
    611 LANGDON STREET
    MADISON,WI53703     		NONE PUBLIC CHARITABLE 1,000
    UNIV OF MD COLLEGE PARK FOUNDATION
    4603 CALVERT ROAD
    COLLEGE PARK,MD20740     		NONE PUBLIC CHARITABLE 1,000
    UNIVERSITY SYNAGOGUE
    11960 SUNSET BLVD
    LOS ANGELES,CA90049     		NONE PUBLIC CHARITABLE 19,000
    WESTSIDE JEWISH COMMUNITY CENTER
    5870 WEST OLYMPIC BLVD
    LOS ANGELES,CA90036     		NONE PUBLIC CHARITABLE 7,500
    WEST SIDE MONTESSORI SCHOOL
    309 WEST 92ND STREET
    NEW YORK,NY10025     		NONE PUBLIC CHARITABLE 10,000
    WESTSIDE CHILDREN'S CENTER
    5721 W SLAUSON AVENUE SUITE 120
    CULVER CITY,CA90230     		NONE PUBLIC CHARITABLE 6,000
    WXEL
    3401 S CONGRESS AVENUE
    BOYNTON BEACH,FL33426     		NONE PUBLIC CHARITABLE 1,250
    YORKVILLE YOUTH ASSOCIATION
    415 E 90TH STBSMT
    NEW YORK,NY10128     		NONE PUBLIC CHARITABLE 1,000
    YWCA HARMONY HOUSE
    1016 N DIXIE HIGHWAY
    WEST PALM BEACH,FL33401     		NONE PUBLIC CHARITABLE 1,000
    ZIMMER CHILDREN'S MUSEUM
    6505 WILSHIRE BLVD SUITE 100
    LOS ANGELES,CA90048     		NONE PUBLIC CHARITABLE 5,000
    Total .................................bullet 3a 1,333,228
    bApproved for future payment
    Total .................................bullet 3b 0
    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 1,116,846  
    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..... 900099        
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 342,713  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 PASS THROUGH OTHER INCOME     18 61,388  
    bTAX-EXEMPT INCOME     18 5  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,520,952 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,520,952
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    SIDNEY KOHL FAMILY FOUNDATION
    EIN: 65-6429919
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,000 0   2,000
    LEGAL FEES 1,662 0   1,662

    TY 2014 DistributionFromCorpusElection
    Name:
    SIDNEY KOHL FAMILY FOUNDATION
    EIN: 65-6429919
    Election:
    PURSUANT TO IRC SEC. 4942(H)(2) AND REG. SEC. 53.4942(A)-3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT THE 2013 QUALIFYING DISTRIBUTIONS OF $1,574,221 IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS.

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    SIDNEY KOHL FAMILY FOUNDATION
    EIN: 65-6429919
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB BROKERAGE ACCOUNT 14,292,797 16,149,590
    WELLS FARGO BROKERAGE ACCOUNT 11,440,011 12,518,577

    TY 2014 InvestmentsOtherSchedule2
    Name:
    SIDNEY KOHL FAMILY FOUNDATION
    EIN: 65-6429919
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT KBI INVESTORS AT COST 594,861 583,733
    INVESTMENT LTG INVESTORS AT COST 278,452 337,900
    INVESTMENT IN THE TAP FUND, LTD AT COST 1,898,407 1,514,714
    INVESTMENT IN AEW CORE PROPERTY TRUST, INC AT COST 1,925,740 2,229,158
    INVESTMENT IN ARCHSTONE EQUITY STRATEGIES FUND AT COST 4,200,000 4,871,941
    INVESTMENT IN ARTISAN FUNDS AT COST 3,070,850 3,238,850
    INVESTMENT IN BARINGS FOCUSED INTL EQUITY AT COST 2,048,374 2,112,855
    INVESTMENT IN FORTRESS WORLDWIDE TRANS & INF AT COST 336,301 325,425
    INVESTMENT IN LONE SAVIN LTD AT COST 1,000,000 1,044,677
    INVESTMENT IN OAKTREE EUROPEAN DISLOCATION FUND AT COST 107,752 103,042
    INVESTMENT IN WARBURG PINCUS PRIVATE EQUITY AT COST 1,575,518 1,988,841

    TY 2014 OtherExpensesSchedule
    Name:
    SIDNEY KOHL FAMILY FOUNDATION
    EIN: 65-6429919
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PORTFOLIO DEDUCTION 70,239 70,239   0
    OTHER EXPENSE K-1 PASS THROUGH 1,014 1,014   0
    NON DEDUCTIBLE EXPENSE 44 0   0
    BANK FEE 125 125   0
    MANAGEMENT FEES 18,125 18,125   0


    TY 2014 OtherIncomeSchedule2
    Name:
    SIDNEY KOHL FAMILY FOUNDATION
    EIN: 65-6429919
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 PASS THROUGH OTHER INCOME 61,388 61,388 61,388
    TAX-EXEMPT INCOME 5 5 5


    TY 2014 TaxesSchedule
    Name:
    SIDNEY KOHL FAMILY FOUNDATION
    EIN: 65-6429919
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX K-1 PASS THROUGH 8,493 8,493   0
    EXCISE TAX FOR 2013 20,000 0   0
    FOREIGN TAXES PAID CHARLES SCHWAB 11,143 11,143   0
    EXCISE TAX FOR 2014 16,719 0   0