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
Donald & Alice Noble Foundation Inc
 
% DAVID D NOBLE
Number and street (or P.O. box number if mail is not delivered to street address)121 N Market Street Suite 600   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wooster, OH44691
A Employer identification number

34-1665641
B Telephone number (see instructions)

(330) 264-8066
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$37,220,379J 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 8,050 8,050  
4 Dividends and interest from securities...... 979,178 979,178  
5a Gross rents.............. 5,210 5,210  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 1,380,282
b Gross sales price for all assets on line 6a 26,141,940
7 Capital gain net income (from Part IV, line 2)... 1,113,224
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 108,468
b Less: Cost of goods sold.... 63,401
c Gross profit or (loss) (attach schedule)..... Click to see attachment 45,067 45,067
11 Other income (attach schedule)....... Click to see attachment 165,221 -254,444 419,665
12 Total. Add lines 1 through 11........ 2,583,008 1,851,218 464,732
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 150,000 150,000    
14 Other employee salaries and wages...... 311,897 45,000 214,677 52,229
15 Pension plans, employee benefits....... 26,318 15,872 8,501 2,069
16a Legal fees (attach schedule)......... 73,983 73,983    
b Accounting fees (attach schedule)....... Click to see attachment 27,595 17,595 8,043 1,957
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 56,007 18,145    
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,406 1,044 362
20 Occupancy.............. 18,000 18,000    
21 Travel, conferences, and meetings....... 31,430 31,430    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,193,995 404,514 233,220 56,742
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,890,631 775,583 464,803 112,997
25 Contributions, gifts, grants paid........ 1,886,103 1,886,103
26 Total expenses and disbursements. Add lines 24 and 25 3,776,734 775,583 464,803 1,999,100
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,193,726
b Net investment income (if negative, enter -0-) 1,075,635
c Adjusted net income (if negative, enter -0-)... 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............... 113,327 133,762 133,762
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet350,991
Less: allowance for doubtful accounts bullet   344,102 350,991 350,991
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) bullet166,674
Less: allowance for doubtful accounts bullet   176,400 Click to see attachment166,674 166,674
8 Inventories for sale or use............... 10,149 8,271  
9 Prepaid expenses and deferred charges........... 9,742 15,652 15,652
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 29,944,325 Click to see attachment27,963,661 27,963,661
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet2,117,358
Less: accumulated depreciation (attach schedule) bullet0 2,649,640 Click to see attachment2,117,358 2,117,358
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 5,688,545 Click to see attachment6,468,376 6,468,376
14 Land, buildings, and equipment: basis bullet22,126
Less: accumulated depreciation (attach schedule) bullet18,221 5,311 Click to see attachment3,905 3,905
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 38,941,541 37,228,650 37,220,379
Liabilities 17 Accounts payable and accrued expenses.......... 78,883 80,505
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) Click to see attachment9,429 Click to see attachment9,933
23 Total liabilities (add lines 17 through 22).......... 88,312 90,438
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 38,853,229 37,138,212
30 Total net assets or fund balances (see instructions)...... 38,853,229 37,138,212
31 Total liabilities and net assets/fund balances (see instructions).. 38,941,541 37,228,650
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 38,853,229
2 Enter amount from Part I, line 27a..................... 2 -1,193,726
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 74,925
4 Add lines 1, 2, and 3.......................... 4 37,734,428
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 596,216
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 37,138,212
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 CREDIT SUISSE #1910 P    
b CREDIT SUISSE #1910 P    
c CREDIT SUISSE #1910 P 2014-06-19 2014-06-19
d CREDIT SUISSE #1910 P    
e CREDIT SUISSE #2861 P    
CREDIT SUISSE #2861 P    
CREDIT SUISSE #2861 P    
CREDIT SUISSE #2861 P    
CREDIT SUISSE #3060 P    
CREDIT SUISSE #3086 P    
CREDIT SUISSE #3086 P    
CREDIT SUISSE #3094 P    
CREDIT SUISSE #3094      
CREDIT SUISSE #3102 P    
CREDIT SUISSE #3102 P    
CREDIT SUISSE #3136 P    
CREDIT SUISSE #3136 P    
CREDIT SUISSE #3136 P    
CREDIT SUISSE #3169 P    
CREDIT SUISSE #3169 P    
CREDIT SUISSE #3169 P    
CREDIT SUISSE #9049 P    
CREDIT SUISSE #9049 P    
MORGAN STANLEY #2200 P    
MORGAN STANLEY #2200      
HYDE PARK VENTURE FUND P    
MERCHANT'S BLOCK P    
NORTH COAST ANGEL FUND II P    
VAIDYA OH HOLDINGS, LLC. P    
CREDIT SUISSE #3086 - CAPITAL GAIN DISTRIBUTIONS P    
CREDIT SUISSE #9049 - CAPITAL GAIN DISTRIBUTIONS P    
MORGAN STANLEY #2200 - CAPITAL GAIN DISTRIBUTION P    
CREDIT SUISSE #2093 - FUTURES P    
CREDIT SUISSE #2093 - FUTURES P    
LAND - 3401 OLD AIRPORT ROAD P 2009-12-31 2014-03-10
VAIDYA OH HOLDINGS, LLC. P 2012-01-01 2014-06-17
MERCHANT'S BLOCK P   2014-12-31
(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 159,669   185,178 -25,509
b 202,992   221,500 -18,508
c 2     2
d 221,206   205,300 15,906
e 36,313   36,691 -378
785,399   833,010 -47,611
1,413,849   1,229,623 184,226
91,720   91,720  
12,293,667   12,852,614 -292,570
33,157   34,471 -1,314
513,806   398,980 114,826
115,234   139,622 -24,388
288,629   239,369 49,260
27,412   39,792 -12,380
140,543   110,305 30,238
103,290   101,219 2,071
404,262   398,142 6,120
605,210   604,984 226
206,313   205,454 909
493,929   486,634 7,295
517,598   500,917 16,681
70,000   69,799 201
1,430,000   1,395,480 34,520
2,168,075   2,256,099 -88,001
2,113,024   1,687,633 425,391
    5,010 -5,010
41,672     41,672
    13,125 -13,125
7,030     7,030
1,827     1,827
39,934     39,934
83,939     83,939
88,849     88,849
133,274     133,274
903,255   682,282 220,973
139,803     139,803
    3,155 -3,155
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       -25,509
b       -18,508
c       2
d       15,906
e       -378
      -47,611
      184,226
       
      -558,947
      -1,314
      114,826
      -24,388
      49,260
      -12,380
      30,238
      2,071
      6,120
      226
      859
      7,295
      16,681
      201
      34,520
      -88,024
      425,391
      -5,010
      41,672
      -13,125
      7,030
      1,827
      39,934
      83,939
      88,849
      133,274
      220,973
      139,803
      -3,155
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,113,224
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 1,735,542 37,759,580 0.045963
2012 2,481,548 38,660,215 0.064189
2011 1,727,622 39,897,345 0.043302
2010 586,895 25,785,674 0.022761
2009 2,841,761 11,880,265 0.2392
2 Total of line 1, column (d) ...................... 2 0.415415
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 0.083083
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 37,493,134
5 Multiply line 4 by line 3....................... 5 3,115,042
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 10,756
7 Add lines 5 and 6......................... 7 3,125,798
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,999,100
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 21,513
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 21,513
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 21,513
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 45,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 45,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
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 23,487
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet23,487 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    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 ofbulletDAVID D NOBLE Telephone no.bullet (330) 264-8066
    Located atbullet121 N MARKET STREET SUITE 600WOOSTEROH ZIP+4bullet44691
    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
     
    No
    .........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
     
    No
    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
     
    No
    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
    DAVID D NOBLE PRESIDENT
    30.0     		100,000 0 0
    121 N Market Street Suite 600
    Wooster,OH44691
    DONALD NOBLE II Secretary
    1.0     		0    
    121 N Market Street Suite 600
    Wooster,OH44691
    NANCY L HOLLAND VICE PRESIDENT
    1.0     		0    
    810 La Vina Ln
    Altadena,CA91001
    STEVE MATTHEW TRUSTEE
    1.0     		0    
    121 N Market Street Suite 600
    Wooster,OH44691
    MATTHEW NOBLE TRUSTEE
    20.0     		50,000 0 0
    121 N Market Street Suite 600
    Wooster,OH44691
    FRANK RASMUSSEN TRUSTEE
    1.0     		0    
    121 N Market Street Suite 600
    Wooster,OH44691
    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
    SETH GREENBERG ICE ARENA MANAGER
    40.0     		98,771 0 0
    780 WILDWOOD DRIVE
    WOOSTER,OH44691
    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
    CREDIT SUISSE INVESTMENT MGMT 253,788
    227 WEST MONROE ST STE 3100
    CHICAGO,IL606065064
    MORGAN STANLEY (EIN 26-4310632) INVESTMENT MGMT 42,625
    1 NEW YORK PLAZA 8TH FLOOR
    NEW YORK,NY10004
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    28,226,488
    b
    Average of monthly cash balances.......................
    1b
    157,212
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,680,395
    d
    Total (add lines 1a, b, and c).........................
    1d
    38,064,095
    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
    38,064,095
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    570,961
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    37,493,134
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,874,657
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,874,657
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    21,513
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    21,513
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,853,144
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,853,144
    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
    1,853,144
    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
    1,999,100
    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
    1,999,100
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,999,100
    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 1,853,144
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 2011, 2010 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 2,247,748
    b From 2010.......  
    c From 2011.......  
    d From 2012....... 614,327
    e From 2013.......  
    fTotal of lines 3a through e......... 2,862,075
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,999,100
    a Applied to 2013, but not more than line 2a 0
    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..... 1,853,144
    e Remaining amount distributed out of corpus 145,956
    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 3,008,031
    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......     		 
    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) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		2,247,748
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		760,283
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012.... 614,327
    d Excess from 2013....  
    e Excess from 2014.... 145,956
    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:
    DAVID NOBLE
    121 N MARKET STREET SUITE 600
    WOOSTER,OH44691
    (330) 264-8066
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORM OR APPLICATION REQUIRED
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    Central American Medical Outreach
    322 Westwood Avenue
    ORVILLE,OH44667     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 250,800
    Christian Children's Home of Ohio
    2685 Armstrong Road
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    ADAPTIVE SPORTS PROGRAM OF OHIO
    2829 CLEVELAND ROAD
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    Goodwill Industries of Wayne and Holmes Counties
    PO Box 1188
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 15,000
    Natural Resources Defense Council
    40 West 20th St
    NEW YORK,NY10011     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 51,000
    Ohio to Erie Trail Fund
    10 S High
    CANAL WINCHESTER,OH43110     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 2,000
    Planned Parenthood of GREATER Ohio
    206 E STATE ST
    COLUMBUS,OH43215     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 50,000
    Rails-To-Trails of Wayne County
    PO Box 1566
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 44,000
    The College of Wooster
    1189 Beall Avenue
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 7,000
    FIRSTMERIT BANK
    106 S MAIN STREET
    AKRON,OH44308     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    United Way of Wayne and Holmes County
    PO Box 548
    WOOSTER,OH44691     		NONE PC general operating & PROGRAM SUPPORT 17,000
    Wayne Center for the Arts
    237 South Walnut Street
    WOOSTER,OH44691     		NONE PC general operating & support program 145,000
    WKSU-FM
    PO Box 5190
    KENT,OH44242     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    Wooster City Schools
    144 N Market St
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 25,000
    YMCA of Wooster
    680 Woodland Ave
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 20,000
    ASHESI UNIVERSITY
    1414 31ST AVE S SUITE 11
    SEATTLE,WA98144     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 100,000
    CANTATE SINGERS
    8964 ROHRER RD
    ORRVILLE,OH44667     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 4,000
    DUKE UNIVERSITY
    210 SCIENCE DRIVE BOX 90362
    DURHAM,NC27708     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 100,000
    Great Decisions of Wayne County
    1488 MORGAN STREET
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    Joy of Living Ministries Inc
    18860 Dodd Road
    BRINKHAEN,OH43006     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    Legal Aid Society of Cleveland
    1223 West Sixth Street
    CLEVELAND,OH44113     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    Main Street Wooster Inc
    377 W Liberty St
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 6,000
    New England Conservatory
    290 Huntington Avenue
    BOSTON,MA02115     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 50,000
    People to People Ministries
    454 E Bowman St
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,500
    Quota International of Wooster
    PO Box 1384
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 2,500
    STEPS AT LIBERTY CENTER CONNECTION
    104 SPINK STREET
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    University of Mount Union
    1972 Clark Ave
    ALLIANCE,OH44601     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    Wayne County Community Foundation
    517 N Market St
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 35,500
    Westminster Presbyterian Church
    125 N Wilkinson St
    DAYTON,OH45402     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 25,000
    CAMDEN INTL FILM FESTIVAL
    P O BOX 836
    CAMDEN,ME04843     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 7,000
    COASTAL MOUNTAINS LAND TRUST
    101 MT BATTIE ST
    CAMDEN,ME04843     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 187,000
    ENGINEERING WORLD HEALTH
    302 E PETTIGREW ST
    DURHAM,NC27701     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 30,000
    OHIO FOUNDATION OF INDEPENDENT COLLEGES
    250 EAST BROAD ST
    COLUMBUS,OH43215     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 25,000
    OHIO STATE UNIVERSITY
    1680 MADISON AVE
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 11,000
    SKIDMORE COLLEGE
    815 NORTH BROADWAY
    SARATOGA SPRINGS,NY12866     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,500
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    UNIVERSITY OF AKRON WAYNE COLLEGE
    1901 SMUCKER ROAD
    ORRVILLE,OH44667     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 50,000
    WAYNE GROWTH PARTNERSHIP FUND
    517 N MARKET ST
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 10,000
    AKRON CHILDRENS HOSPITAL
    1 PERKINS SQUARE
    AKRON,OH44302     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    BALLET EXCEL OHIO
    PO BOX 3131
    CUYAHOGA FALLS,OH44223     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 109,463
    COMMUNITY LEGAL AID OF OHIO
    50 SOUTH MAIN ST SUITE 800
    AKRON,OH44308     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    FARNSWORTH ART MUSEUM
    16 MUSEUM ST
    ROCKLAND,ME04841     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 6,500
    LEARN N PLAY OF WOOSTER
    243 S BEVER ST
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 3,000
    MEGUNTICOOK WATERSHED ASSOCIATION
    PO BOX 443
    CAMDEN,ME04843     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 400
    OWLS HEAD TRANSPORTATION MUSEUM
    117 MUSEUM ST
    OWLS HEAD,ME04854     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    TRIWAY LOCAL SCHOOLS
    3205 SHREVE RD
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 21,340
    WAYNE COUNTY HISTORICAL SOCIETY
    546 E BOWMAN ST
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 15,000
    WOOSTER AREA CHAMBER OF COMMERCE
    377 W LIBERTY ST
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 50
    WOOSTER ROTARY FOUNDATION
    525 E UNIVERSITY ST
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    WOOSTERORRVILLE NAACP
    C/O WAYNE COUNTY COMMUNITY FDN
    517 NORTH MARKET ST
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 500
    AMERICAN RED CROSS
    1689 E 115TH STREET
    CLEVELAND,OH44106     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,250
    BIOHIO RESEARCH PARK
    1680 MADISON AVENUE SUITE 109
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 22,500
    BOYS AND GIRLS CLUB OF WOOSTER
    PMP BOX 189
    343 W MILLTOWN ROAD
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    CLINICA VERDE
    512 PINE HILL ROAD
    ANGWIN,CA94508     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    COMPASSION AND CHOICES
    PO BOX 101810
    DENVER,CO80250     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    EXPONENT PHILANTHROPY
    1720 N ST NW
    WASHINGTON,DC20036     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    HEALTHNETWORK FOUNDATION
    33 RIVER STREET 3
    CHAGRIN FALLS,OH44022     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    INTERLINK MINISTRIES
    11234 HACKETT ROAD
    APPLE CREEK,OH44606     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    INVENT NOW INC
    3701 HIHGLAND PARK
    NORTH CANTON,OH44720     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 11,900
    MAINE'S WOMEN'S FUND
    74 LUNT ROAD
    FALMOUTH,ME04105     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    MAINE PUBLIC BROADCASTING NETWORK
    63 TEXAS AVENUE
    BANGOR,ME04401     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 400
    MARAGOLIA COMMUNITY DEV FOUNDATION INC
    PO BOX 1391
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 20,000
    Multi-County Juvenile Attention System
    815 FAIRCREST ST SW
    CANTON,OH44706     		NONE   GENERAL OPERATING & PROGRAM SUPPORT 2,000
    Ohio Junior Hockey
    851 OLDMAN ROAD
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 2,000
    Orrville Railroad heritage Society Inc
    145 DEPOT STREET
    ORRVILLE,OH44667     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 10,000
    Supporting Riley Children Inc
    30 SOUTH MERIDIAN STREET
    SUITE 200
    INDIANAPOLIS,IN46204     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 500
    The Jester and Pharley Phund
    PO BOX 817
    PALOS VERDES,CA90274     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 30,000
    The Ridge Project
    J169 STATE ROUTE 65
    MCCLURE,OH43534     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    The Salvation Army
    437 S MARKET STREET
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    Viola Startzman Clinic
    1874 CLEVELAND ROAD
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 30,000
    Wayne County Children's Advocacy Center
    1734 GASCHE STREET
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 34,000
    Wayne County Emergency Management Agency
    201 W NORTH STREET
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 2,500
    Wayne County Sustainable Energy Network
    201 W NORTH STREET
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 1,000
    Wayne-Holmes Soap Box Derby
    9719 ASHLAND ROAD
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 500
    Western Reserve Land Conservancy
    3850 CHAGRIN RIVER ROAD
    MORELAND HILLS,OH44022     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 20,000
    Women's Advisory Board College of Wooster
    1018 FOREST DRIVE
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 500
    Wooster Arts & Jazz Festival
    377 W LIBERTY STREET
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 5,000
    Wayne Economic Development Council
    542 E LIBERTY STREET
    WOOSTER,OH44691     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 55,000
    CASE WESTERN RESERVE UNIVERSITY MANDEL SCHOOL
    11235 BELLFLOWER ROAD
    CLEVELAND,OH44106     		NONE PC GENERAL OPERATING & PROGRAM SUPPORT 125,000
    Total .................................bullet 3a 1,886,103
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 8,050  
    4 Dividends and interest from securities....     14 979,178  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 5,210  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		531120 267,058 18 1,113,224  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..         45,067
    11 Other revenue: aOTHER EXEMPT         419,665
    bPARTNERSHIP -DEBT FINANCED INCOME 531120 -423,971      
    cPARTNERSHIPS AND ROYALTIES     16   169,527
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -156,913 2,105,662 634,259
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,583,008
    (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.)
    11A THE FOUNDATION OPERATES AN ICE ARENA OWNED BY THE WOOSTER CITY SCHOOL DISTRICT. THE ICE ARENA IS FOR THE BENEFIT OF THE COMMUNITY. THE PERIOD OF TIME THAT THE FOUNDATION WILL BE OPERATING THE ICE ARENA FOR THE SCHOOL DISTRICT HAS YET TO BE DETERMINED. THE FOUNDATION IS OBLIGATED TO OPERATE THE ICE ARENA UNTIL IT BECOMES SELF-SUPPORTING, AFTER WHICH THE SCHOOL DISTRICT WILL TAKE OVER THE OPERATIONS. THE ICE ARENA BENEFITS THE COMMUNITY BY OFFERING A REASONABLE COST FAMILY ENTERTAINMENT. THE ICE ARENA ALSO IS BEING USED TO DEVELOP A COMMUNITY ICE HOCKEY PROGRAM. THE ICE ARENA IS LOCATED ON PROPERTY OWNED BY THE SCHOOL DISTRICT.
    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:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 27,595 17,595 8,043 1,957

    TY 2014 AllOthProgRltdInvestmentsSch
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Category Amount
    N/A  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2014 DepreciationSchedule
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    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
    FURNITURE 2005-06-30 11,426 11,426 M7          
    LAPTOP COMPUTER 2009-08-13 3,098 2,920 M5   178      
    LAND 2005-02-01 970,755 0 L          
    LAND 2012-06-30 750,000   L          
    FURNITURE 2012-04-18 956 497 M5   184      
    EQUIPMENT 2012-03-15 1,647 604 SL 5 329      
    EQUIPMENT 2012-01-18 4,999 1,369 SL 7 714      
    LAND 2009-12-31 532,282   L          
    LAND 2009-12-31 396,603 0 L          

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    VAIDYA OH HOLDINGS, LLC.     2014-06   267,058       267,058  

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MADISON ST FKA MASSEY/SCHWAB 655,427 655,427
    MORGAN STANLEY/SMITH BARNEY 5,545,910 5,545,910
    CREDIT SUISSE 21,762,324 21,762,324

    TY 2014 InvestmentsLandSchedule2
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 970,755 0 970,755  
    LAND 750,000   750,000  
    LAND        
    LAND 396,603 0 396,603  

    TY 2014 InvestmentsOtherSchedule2
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VAIDYA OH HOLDINGS, LLC   2,609,483 2,609,483
    LIBERTY MARKET PROPERTIES LLC   224,334 224,334
    NORTH COAST ANGEL FUND I   18,445 18,445
    NORTH COAST ANGEL FUND II INV   262,766 262,766
    TAVROS SOHO LLC   396,096 396,096
    ST PAUL HOTEL GROUP LLC   154,065 154,065
    RUMBATIME LLC   86,681 86,681
    ISLAND ARC HOLDINGS LLC      
    MERCHANT'S BLOCK LLC   393,292 393,292
    INFINITE LITE TECHNOLOGIES LLC   48,316 48,316
    HYDE PARK VENTURE PARTNERSHIP   631,936 631,936
    INCONTEXT SOLUTIONS   100,000 100,000
    BALLAST1903   4,916 4,916
    PRODUCED WATER ABSORBENTS   125,000 125,000
    ABS MATERIALS   524,133 524,133
    GCM GROSVENOR AG NET LEASE III   339,867 339,867
    MORGAN STANLEY II   549,046 549,046

    TY 2014 LandEtcSchedule2
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE 11,426 11,426    
    LAPTOP COMPUTER 3,098 3,098    
    FURNITURE 956 681 275  
    EQUIPMENT 1,647 933 714  
    EQUIPMENT 4,999 2,083 2,916  


    TY 2014 OtherDecreasesSchedule
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT INTEREST EXPENSE 12,811 12,811    
    EVENT EXPENSE 41,152   29,835 7,259
    LIABILITY INSURANCE 17,693   14,231 3,462
    INVESTMENT FEES 296,921 296,921    
    OFFICE EXPENSE 4,994 3,738 1,010 246
    WORKERS' COMPENSATION 3,193   2,568 625
    ADVERTISING 5,321   4,280 1,041
    BANK CHARGES 4,833 210 3,718 905
    REPAIRS & MAINTENANCE 43,966   35,582 8,657
    DUES & SUBSCRIPTIONS 412 335 62 16
    EQUIPMENT RENTAL 11,829 10,939 399 97
    EQUIPMENT REPAIRS 1,664   1,194 290
    LICENSES & PERMITS 26   21 5
    MISCELLANEOUS EXPENSE 18,964 12,832 4,932 1,200
    STAFF TRAINING        
    SEMINARS & MEETINGS 175 175    
    UTILITIES 155,218 3,637 112,748 27,430
    TREASURER STATE OF OHIO        
    HEALTH INSURANCE 20,132 4,927 12,230 2,975
    SUPPLIES 14,200   1,818 442
    TELEPHONE 13,264 2,974 8,276 2,014
    POSTAGE 1,646 1,415 185 46
    MEALS & ENTERTAINMENT 317 317    
    OTHER PARTNERSHIP EXPENSES 51,612 51,612    
    CONSULTING FEES 1,671 1,671    
    UNIFORMS 162   131 32
    PARTNERSHIPS ORDINARY LOSSES 471,819      


    TY 2014 OtherIncomeSchedule2
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    VAIDYA OH HOLDINGS, LLC (34-1665641) -216,102 -216,102  
    MISCELLANEOUS BROKERAGE INCOME 10,828 10,828  
    NOBLE ICE ARENA 419,665   419,665
    MORMACK INDUSTRIES, INC. - ROYALTIES 1,970 1,970  
    LIBERTY MARKET PROPERTIES -30,582 -30,582  
    MERCHANT'S BLOCK -19,349 -19,349  
    ST PAUL HOTEL GROUP -1,995 -1,995  
    J.R. SMAIL, INC. - ROYALTIES 786 786  


    TY 2014 OtherIncreasesSchedule
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAX LIABILITIES 5,808 6,125
    SALES TAX PAYABLE 2,119 2,306
    INSURANCE PAYABLE 1,502 1,502


    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2014 OtherNotesLoansRcvblLongSch
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
      3,631,132 166,674   2016-01   0 %        

    TY 2014 SalesOfInventoryList 
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    CONCESSION & PRO SHOP SALES 108,468   108,468

    TY 2014 TaxesSchedule
    Name:
    Donald & Alice Noble Foundation Inc
    EIN: 34-1665641
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE TAX 9,138 9,138    
    FOREIGN TAXES 9,007 9,007    
    EXCISE TAX 37,862