TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)70 WEST MICHIGAN AVENUE NO 450 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BATTLE CREEK, MI49017

A Employer identification number

20-0489552

B Telephone number (see instructions)

(269) 965-7000

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$4,427,315J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	3,976,137
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	66,015		66,015
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		86,775
b	Gross sales price for all assets on line 6a 756,381
7	Capital gain net income (from Part IV, line 2)...			86,775
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).......
12	Total. Add lines 1 through 11........	4,128,927		152,790
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).........		335	168	167
b	Accounting fees (attach schedule).......		7,098	3,549	3,549
c	Other professional fees (attach schedule)....		12,174	12,174	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		644	173	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		62	42	20
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	20,313		16,106	3,736
25	Contributions, gifts, grants paid........	204,500			204,500
26	Total expenses and disbursements. Add lines 24 and 25	224,813		16,106	208,236
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	3,904,114
b	Net investment income (if negative, enter -0-)			136,684
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	43,789	281,805	281,805
	3	Accounts receivable 3,922
		Less: allowance for doubtful accounts	217	3,922	3,922
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	538,232	4,230,164	4,141,588
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	582,238	4,515,891	4,427,315
	17	Accounts payable and accrued expenses..........
	18	Grants payable..................
	19	Deferred revenue..................		29,539
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........	0	29,539
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	582,238	4,486,352
	30	Total net assets or fund balances (see instructions)......	582,238	4,486,352
	31	Total liabilities and net assets/fund balances (see instructions)..	582,238	4,515,891

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	582,238
2	Enter amount from Part I, line 27a.....................	2	3,904,114
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	4,486,352
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	4,486,352

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	AMERICAN ELECTRIC POWER CLOSED OPTION		2014-11-05	2014-11-06
b	BRISTOL MYERS CLOSED OPTION		2014-12-24	2014-12-26
c	DETROIT EDISON CO CLOSED OPTION		2014-12-05	2014-12-08
d	DUKE ENERGY CORP CLOSED OPTION		2014-11-11	2014-11-12
e	STRYKER CORP CLOSED OPTION		2014-12-26	2014-12-29
	7.986 SHS FRK FED TAX FR INCM A		2014-09-03	2014-09-04
	386 SHS ONE GAS		2014-08-08	2014-09-04
	300 SHS AMEREN CORP		2014-08-08	2014-12-08
	1969 SHS CMS ENERGY CORP		2014-08-08	2014-09-04
	1308 SHS CAMPBELL SOUP		2014-08-08	2014-09-04
	3109 SHS FT INTL HI DIV EQ 10		2013-01-25	2014-12-26
	1591 SHS FT REIT G&I SEL 21		2012-11-09	2014-09-18
	5225 SHS FT BAL INC EQ ETF 1		2012-11-09	2014-09-25
	5220 SHS FT DIV STRG 16		2012-11-09	2014-10-30
	6517 SHS FT STR INC PL 46		2012-11-09	2014-10-23
	5096 SHS FT CAP STRG 18		2012-11-09	2014-11-14
	8069 SHS FT HI DIV EQ 12			2014-11-14
	6354 SHS FT INV GRD SEL 38		2012-11-09	2014-11-03
	3041 SHS FT REIT G&I SEL 22		2013-01-25	2014-12-18
	226 SHS FITH THIRD BANCORP		2014-08-08	2014-09-04
	2517 SHS FRK FED TAX FR INCM		2014-08-08	2014-09-04
	50000 FV MI ST HEALTH 5.25		2014-08-08	2014-09-04
	2000 SHS STREAMLINE HLTH SOLUTION		2014-08-08	2014-11-10
	FT AUTO QUAN ANA 8			2014-08-29
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a		960	-960
b		2,716	-2,716
c		1,580	-1,580
d		1,948	-1,948
e		3,380	-3,380
	99	99	0
	14,321	13,726	595
	12,630	11,779	851
	59,838	57,357	2,481
	58,180	55,812	2,368
	35,801	31,253	4,548
	15,821	14,147	1,674
	56,788	49,200	7,588
	66,953	49,200	17,753
	58,761	59,404	-643
	74,491	49,202	25,289
	107,301	80,447	26,854
	52,070	59,573	-7,503
	34,921	30,837	4,084
	4,628	4,445	183
	31,213	31,062	151
	51,925	50,832	1,093
	7,507	9,100	-1,593
	1,547	1,547	0
	11,586		11,586

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			-960
b			-2,716
c			-1,580
d			-1,948
e			-3,380
			0
			595
			851
			2,481
			2,368
			4,548
			1,674
			7,588
			17,753
			-643
			25,289
			26,854
			-7,503
			4,084
			183
			151
			1,093
			-1,593
			0
			11,586

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	86,775
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

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

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

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

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

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	32,517	573,482	0.056701
2012	27,817	401,624	0.069261
2011	542	314,930	0.001721
2010	26,995	291,421	0.092632
2009	42,945	280,832	0.152921

2	Total of line 1, column (d) ......................	2	0.373236
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	0.074647
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	2,117,114
5	Multiply line 4 by line 3.......................	5	158,036
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,367
7	Add lines 5 and 6.........................	7	159,403
8	Enter qualifying distributions from Part XII, line 4..............	8	208,236
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,367
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,367
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	1,367
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	400
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	400
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	967
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

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

Yes

Website address bullet

N/A

The books are in care of bullet

DAVID P LUCAS Telephone no. bullet

(269) 965-7000

Located at bullet

70 WEST MICHIGAN AVE STE 450BATTLE CREEKMI ZIP+4 bullet

490173668

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

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

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

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

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

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

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JOHN L ZANETTI	PRESIDENT/TREASURER 0.00	0	0	0
70 WEST MICHIGAN AVENUE STE 450 BATTLE CREEK,MI49017	PRESIDENT/TREASURER 0.00	0	0	0
FRANKIE A ZANETTI	SECRETARY 0.00	0	0	0
70 WEST MICHIGAN AVENUE STE 450 BATTLE CREEK,MI49017	SECRETARY 0.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

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

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

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

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

purposes:

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

1,897,926

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

251,428

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

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

2,149,354

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

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

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

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

2,149,354

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

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

32,240

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

2,117,114

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

105,856

Part XI

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

and do not complete this part.)

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

105,856

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

1,367

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

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

1,367

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

104,489

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

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

104,489

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

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

104,489

Part XII

Qualifying Distributions (see instructions)

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

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

208,236

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

208,236

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

1,367

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

206,869

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					104,489
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.......	29,123
b From 2010.......	12,606
c From 2011.......
d From 2012.......	7,894
e From 2013.......	4,236
fTotal of lines 3a through e.........		53,859
4Qualifying distributions for 2014 from Part
XII, line 4: $ 208,236
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).........		0
d Applied to 2014 distributable amount.....					104,489
e Remaining amount distributed out of corpus		103,747
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		157,606
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) ...		29,123
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		128,483
10 Analysis of line 9:
a Excess from 2010....	12,606
b Excess from 2011....
c Excess from 2012....	7,894
d Excess from 2013....	4,236
e Excess from 2014....	103,747

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

JOHN L ZANETTI

FRANKIE A ZANETTI

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BARN THEATER PO BOX 277 AUGUSTA,MI49012	NONE	PUBLIC CHARITY	UNRESTIRCTED	2,000
BATTLE CREEK ACADEMY 480 PARKWAY DRIVE BATTLE CREEK,MI49037	NONE	PUBLIC CHARITY	UNRESTRICTED	8,000
BATTLE CREEK COMMUNITY FOUNDATION 34 WEST JACKSON STREET BATTLE CREEK,MI49017	NONE	PUBLIC CHARITY	UNRESTRICTED	50,000
BRONSON BATTLE CREEK 300 NORTH AVENUE BATTLE CREEK,MI49017	NONE	PUBLIC CHARITY	CANCER MEDICINE	4,000
CALHOUN COUNTY MEDICAL CARE FACILITY MARIAN E BURCH ADULT DAY CARE 1150 E MICHIGAN AVENUE BATTLE CREEK,MI49014	NONE	PUBLIC CHARITY	UNRESTRICTED	3,000
COMMUNITY INCLUSIVE RECREATION 154 WEST STREET UPPER LEVEL BATTLE CREEK,MI49037	NONE	PUBLIC CHARITY	UNRESTRICTED	2,000
FAMILY & CHILDREN SERVICES 1608 LAKE ST KALAMAZOO,MI49001	NONE	PUBLIC CHARITY	UNRESTIRCTED	1,000
FOOD BANK OF SCM PO BOX 408 BATTLE CREEK,MI49016	NONE	PUBLIC CHARITY	UNRESTIRCTED	5,000
HAVEN OF REST MINISTRIES PO BOX 52 BATTLE CREEK,MI49014	NONE	PUBLIC CHARITY	UNRESTRICTED	3,000
KELLOGG COMMUNITY COLLEGE FOUNDATION 450 NORTH AVENUE BATTLE CREEK,MI49017	NONE	PUBLIC CHARITY	UNRESTRICTED	100,000
KINGMAN MUSEUM 175 LIMIT ST BATTLE CREEK,MI49037	NONE	PUBLIC CHARITY	UNRESTIRCTED	2,000
LEILA ARBORETUM 928 W MICHIGAN BATTLE CREEK,MI49037	NONE	PUBLIC CHARITY	UNRESTRICTED	2,000
LIFESPAN HOSPICE 166 EAST GOODALE AVE BATTLE CREEK,MI49037	NONE	PUBLIC CHARITY	UNRESTRICTED	2,000
SAFE PLACE PO BOX 199 BATTLE CREEK,MI49016	NONE	PUBLIC CHARITY	UNRESTRICTED	1,000
SALVATION ARMY 400 CAPITAL AVENUE NE BATTLE CREEK,MI49017	NONE	PUBLIC CHARITY	UNRESTRICTED	1,000
SHERMAN LAKE YMCA 6225 NORTH 39TH STREET AUGUSTA,MI49012	NONE	PUBLIC CHARITY	UNRESTRICTED	10,000
STARR COMMONWEALTH 13725 STARR COMMONWEALTH RD ALBION,MI49224	NONE	PUBLIC CHARITY	UNRESTRICTED	3,500
VINEYARD ACADEMY PO BOX 102 8510 M-89 RICHLAND,MI49083	NONE	PUBLIC CHARITY	UNRESTRICTED	5,000
Total ................................. 3a				204,500

bApproved for future payment

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

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	66,015
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............			18	86,775
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		152,790	0

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

13152,790

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2014)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

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

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

Employer identification number

20-0489552

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

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

Special Rules

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

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

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

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	ESTATE OF MARIA L ZANETTI 20386 WHITE PINE BLVD BATTLE CREEK, MI49017	$2,946,896	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	SANTO ZANETTI MARITAL TRUST 20386 WHITE PINE BLVD BATTLE CREEK, MI49017	$1,029,241	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	VARIOUS INVESTMENT SECURITIES	$ 1,874,488	2014-08-08
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
2	VARIOUS INVESTMENT SECURITIES	$ 722,668	2014-08-08
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

Employer identification number

20-0489552

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2014 AccountingFeesSchedule

Name:

SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

EIN: 20-0489552

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	7,098	3,549		3,549

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

EIN: 20-0489552

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3200 SHS DUFF & PHELPS GLOBAL UTILITY INCOME	69,802	69,248
1000 SHS EATON CORP PLC	67,802	67,960
1745 SHS AT&T INC	60,150	58,615
326 SHS AMERICAN ELECTRIC POWER	16,470	19,795
1000 SHS AMERICAN EXPRESS COMPANY	88,542	93,040
738 SHS BRISTOL MYERS SQUIBB	36,302	43,564
750 SHS CBS CORP NEW	44,423	41,505
200 SHS CHEVRON CORP	25,572	22,436
500 SHS COMCAST CORP CL A NEW	26,772	29,005
1000 SHS DTE ENERGY COMPANY	74,720	86,370
300 SHS DEERE & COMPANY	25,984	26,541
163 SHS DOW CHEMICAL COMPANY	8,522	7,434
424 SHS DUKE ENERGY CORP NEW	30,422	35,421
400 SHS EASTMAN CHEMICAL COMPANY	31,944	30,344
244 SHS EDISON INTL	13,888	15,977
509 SHS EXXON MOBIL CORP	50,768	47,057
3086 SHS FORD MOTOR COMPANY NEW	52,740	47,833
3000 SHS GENERAL ELECTRIC COMPANY	76,980	75,810
200 SHS GENERAL MOTORS COMPANY	6,706	6,982
5000 SHS GLADSTONE COMMERCIAL	91,301	85,850
300 SHS GLAXOSMITHKLINE PLC GSK	14,025	12,822
2791 SHS INTL BUSINESS MACHINES IBM	520,884	447,788
1423 SHS KRAFT FOODS GRP INC KRFT	79,048	89,165
800 SHS LILLY ELI & COMPANY LLY	48,784	55,192
574 SHS LOEWS CORP L	24,114	24,119
326 SHS MARATHON OIL CORP MRO	12,740	9,223
1000 SHS MERCK & COMPANY INC NEW MRK	56,550	56,790
1000 SHS ORACLE CORP ORCL	39,940	44,970
300 SHS PNC FINANCIAL SERVICES PNC	24,516	27,369
3338 SHS PFIZER INC PFE	94,599	103,979
6172 SHS PHILIP MORRIS INTL INC PM	517,458	502,710
1086 SHS RUBY TUESDAY INC RT	6,288	7,428
772 SHS SOUTHERN COMPANY SO	33,605	37,913
637 SHS SPECTRA ENERGY CORP SE	25,359	23,123
617 SHS STRYKER CORP SYK	49,243	58,202
710 SHS VERIZON COMMUNICATIONS VZ	34,577	33,214
750 SHS VIACOM INC CL B NEW VIAB	60,330	56,438
6413 UNITS FIRST TRUST SR LN & LTD DUR PLUS 67	60,746	53,307
3183 UNITS FIRST TRUST SR LN & LTD DUR PLUS 70	31,096	27,040
1050 UNITS FIRST TRUST TARGET GLB DIV LDRS	10,043	10,125
1025 UNITS FIRST TRUST AUTO QUANT ANALYSIS 8	8,343	8,105
1040 UNITS FIRST TRUST TACTICAL INCOME 26	10,031	9,705
10475 UNITS FIRST TRUST TGT GLBL DVD LEADERS 30	104,138	97,730
10765 UNITS FIRST TRUST STRAT DIV PLUS 18	104,413	100,217
10890 UNITS FIRST TRUST HIGH DIV EQTY 19	103,520	105,458
10440 UNITS FIRST TRUST DEEP VAL DIV 3	104,416	102,475
10810 UNITS FIRST TRUST BAL INCOME EQTY ETF 10	103,728	100,014
6100 UNITS FIRST TRUST SR LN & ETF 5	56,974	54,885
10540 UNITS FIRST TRUST REIT GRWTH & INCM SEL 29	103,607	108,936
10440 UNITS FIRST TRUST INTL HIGH DIV EQTY 17	101,162	86,633
10315 UNITS FIRST TRUST INT RATE HEDGE 86	103,941	99,890
10630 UNITS FIRST TRUST TACTICAL INCOME 31	103,967	96,313
16780 UNITS FIRST TRUST BALANCED INCM SEL 47	159,799	150,760
6050 UNITS FIRST TRUST DIV STRENGTH SER 24	56,463	59,150
5750 UNITS FIRST TRUST HI DIV EQTY 20	54,862	56,276
1500 UNITS FIRST TRUST BAL INCM EQTY & ETF 11	14,551	14,231
9375 UNITS FIRST TRUST SABRIENT DIVIDEND 7	91,339	89,615
3649 UNITS FIRST TRUST REIT GRWTH & INCM SEL 30	34,905	35,986
9460 UNITS FIRST TRUST CAP STRENGTH 27	91,336	91,126
3824 UNITS FIRST TRUST INTL HIGH DIV EQUITY 18	36,122	35,601
1574 UNITS FIRST TRUST AUTO QUANT ANALYSIS 5	12,129	19,205
1543 SHS JOHN HANCOCK PREFERRED	26,663	27,573

- TIN:

TY 2014 LegalFeesSchedule

Name:

SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

EIN: 20-0489552

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	335	168		167

- TIN:

TY 2014 OtherExpensesSchedule

Name:

SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

EIN: 20-0489552

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MAR FILING FEE	20	0		20
INVESTMENT FEES	42	42		0

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

EIN: 20-0489552

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	12,174	12,174		0

- TIN:

TY 2014 TaxesSchedule

Name:

SANTO MARIA FRANK & JOHN ZANETTI FOUNDATION

EIN: 20-0489552

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	173	173		0
EXCISE TAX	471	0		0