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

20-4000015
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,825,422J 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 80 80  
4 Dividends and interest from securities...... 66,694 66,694  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,043,525
b Gross sales price for all assets on line 6a 9,590,697
7 Capital gain net income (from Part IV, line 2)... 1,043,525
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 138,856 5,817  
12 Total. Add lines 1 through 11........ 1,249,155 1,116,116  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 29,481 29,481    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,817 17    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 48,036 944   32,629
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 91,334 30,442   32,629
25 Contributions, gifts, grants paid........ 2,050,000 2,050,000
26 Total expenses and disbursements. Add lines 24 and 25 2,141,334 30,442   2,082,629
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -892,179
b Net investment income (if negative, enter -0-) 1,085,674
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 188,490 130,536 130,536
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,900,288 Click to see attachment3,063,165 3,536,474
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,476,474 Click to see attachment1,479,372 2,158,412
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,565,252 4,673,073 5,825,422
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 5,565,252 4,673,073
30 Total net assets or fund balances (see instructions)...... 5,565,252 4,673,073
31 Total liabilities and net assets/fund balances (see instructions).. 5,565,252 4,673,073
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 5,565,252
2 Enter amount from Part I, line 27a..................... 2 -892,179
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 4,673,073
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,673,073
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b Passthrough K1 Capital Gain      
c SEC 751 GAIN ON SALE OF PTSHIP RECLASS      
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 9,590,697   8,328,381 1,262,316
b 0   0 -7,731
c       -211,060
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,262,316
b       0
c        
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,043,525
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 1,063,347 7,019,947 0.151475
2012 1,158,818 6,527,154 0.177538
2011 491,101 7,410,296 0.066273
2010 863,359 7,292,530 0.11839
2009 659,763 6,997,605 0.094284
2 Total of line 1, column (d) ...................... 2 0.60796
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 0.121592
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 6,064,959
5 Multiply line 4 by line 3....................... 5 737,450
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 10,857
7 Add lines 5 and 6......................... 7 748,307
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,082,629
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 10,857
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 10,857
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 10,857
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 19,340
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 19,340
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 8,483
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet8,483 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
Yes
 
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)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Lisa LourieClick to see attachment Pres / VP* / Dir / SEC
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Robert LourieClick to see attachment Pres / VP / Dir / Sec
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,383,166
    b
    Average of monthly cash balances.......................
    1b
    774,153
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,157,319
    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
    6,157,319
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    92,360
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,064,959
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    303,248
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    303,248
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    10,857
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,857
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    292,391
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    292,391
    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
    292,391
    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
    2,082,629
    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
    2,082,629
    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
    10,857
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,071,772
    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 7 292,391
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:2012, 2011, 2010  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 316,168
    b From 2010....... 501,950
    c From 2011....... 124,143
    d From 2012....... 834,206
    e From 2013....... 726,870
    fTotal of lines 3a through e......... 2,503,337
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,082,629
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 292,391
    e Remaining amount distributed out of corpus 1,790,238
    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 4,293,575
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		316,168
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		3,977,407
    10 Analysis of line 9:
    a Excess from 2010.... 501,950
    b Excess from 2011.... 124,143
    c Excess from 2012.... 834,206
    d Excess from 2013.... 726,870
    e Excess from 2014.... 1,790,238
    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).)
    ROBERT LOURIE
    LISA LOURIE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BARD COLLEGE
    PO BOX 5000
    ANNANDALE,NY12504     		N/A PC Bard Prison Initiative Program 200,000
    BROOKHAVEN HEALTH CARE SERVICES CORPORATION
    101 HOSPITAL RD
    PATCHOGUE,NY11772     		N/A PC Palliative Care Program 200,000
    COLD SPRING HARBOR LABORATORY
    PO BOX 100
    COLD SPG HBR,NY11724     		N/A PC Presidents Fund 1,000,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    600 MEMORIAL DR W98-200
    CAMBRIDGE,MA02139     		N/A PC Physics Dept, Lourie Fellowship PROGRAM 150,000
    STONY BROOK FOUNDATION INC
    230 ADMINISTRATION BLDG
    STONY BROOK,NY11794     		N/A PC Lourie Center for Pediatric Multiple Sclerosis and The Lisa and Robert Lourie Imaging Suite Program 500,000
    Total .................................bullet 3a 2,050,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 80  
    4 Dividends and interest from securities....     14 66,694  
    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 1,043,525  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Inc/Loss 525990 -79,848 14 5,817  
    bFederal Tax Refund     01 1,827  
    cSECTION 751 GAIN ON SALE OF PARTNERSHIP 525990 211,060      
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 131,212 1,117,943  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,249,155
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 CompensationExplanation
    Name:
    The Lourie Foundation Inc
    EIN: 20-4000015
    Person Name Explanation
    Lisa Lourie *REMOVED FROM POSITION IN 2014

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

    TY 2014 DepreciationSchedule
    Name:
    The Lourie Foundation Inc
    EIN: 20-4000015
    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

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    The Lourie Foundation Inc
    EIN: 20-4000015
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 22,386 25,076
    ACCOR SA LTD S/ADR 2,977 2,640
    ACE LTD 9,150 10,914
    ACTAVIS PLC 22,812 24,197
    ACTIVISION BLIZZARD INC 8,214 9,753
    ADVANCED ENERGY IND INC 2,728 4,811
    AGILENT TECHNOLOGIES INC 2,203 4,217
    AIA GROUP LTD ADR 3,679 4,607
    ALCOA INC. 24,069 23,338
    ALIBABA GROUP HOLDING LIMITED 11,818 12,577
    ALLIANCE DATA SYSTEM CORP 18,971 28,033
    AMADEUS IT HLDS SA 2,486 2,769
    AMAZON COM 74,711 70,448
    AMERICAN EXPRESS CO 27,513 55,544
    APARTMENT INVESTMENT & MANAGEM 77 74
    APOLLO GROUP INC CL A 11,224 15,759
    APPLE INC. 42,486 93,049
    APPLIED MATERIALS INC. 3,458 3,813
    ASML HOLDING NV NY REG SHS 19,255 21,458
    AVIAT NETWORKS INC. 8,573 4,767
    AVIVA PLC 3,437 2,935
    BAIDU.COM - ADR 1,006 2,508
    BANCO BILBAO - RIGHTS    
    BANCO BILBAO ARG SA 4,524 3,493
    BANCO ITAU HOLDING FINANCIERA 1,682 1,613
    BANK NEW YORK MELLON CORP COM 34,940 55,945
    BERKSHIRE HATHAWAY INC. CLASS 24,770 46,547
    BGC PARTNERS INC 8,547 10,532
    BIOGEN IDEC INC 9,181 9,505
    BRAVO BRIO RESTAURANT GROUP IN 7,543 6,607
    BRIGGS & STRATTON CORP 3,841 3,737
    BRISTOL-MYERS SQUIBB CO 12,915 21,487
    BROOKFIELD ASSET MANAGEMENT CL 8,899 11,881
    BT GROUP PLC ADS 3,553 3,409
    BURBERRY GROUP PLC 1,812 1,815
    CANADIAN NATL RAILWAY CO 1,482 2,619
    CANADIAN NATURAL RESOURCES LTD 15,922 16,737
    CARMAX INC 16,094 21,439
    CELGENE CORP 14,858 19,911
    CEVA INC 8,041 8,508
    CHARLES SCHWAB CORP 12,275 14,793
    CHECK POINT SOFTWARE TECHNOLOG 20,840 25,535
    CHINA MOBILE HGK LTD 4,849 5,117
    CIT GROUP INC 17,011 16,214
    CLEAN HARBORS, INC. 8,337 7,640
    COMCAST CORP CL A 22,018 26,917
    COMERICA INC 21,975 21,827
    COMPASS GROUP PLC ADR 3,103 3,732
    COPA HOLDINGS S.A. 2,507 2,384
    COSTCO WHOLESALE CORPORATION 35,841 53,722
    CVS CAREMARK CORP. 11,692 18,684
    DANAHER CORP 20,395 26,399
    DAWSON GEOPHYSICAL COMPANY 5,218 3,253
    DEVRY INC 11,989 16,377
    DIAGEO PLC ADS 16,035 18,483
    DISTRIBUIDORA INTERN 2,159 1,806
    DOMINION RESOURCES INC 19,631 24,454
    ECOLAB INC 11,662 14,215
    ELECTRO SCIENTIFIC INDUSTRIES, 12,363 8,001
    ENCANA CORP 17,489 12,705
    EOG RESOURCES INC 19,508 27,345
    EURONET WORLDWIDE INC 730 2,196
    EXPERIAN GROUP LTD S/ADR 3,543 3,360
    EXPRESS SCRIPTS HOLDING CO. 19,123 29,635
    FACEBOOK INC 17,170 17,711
    FLEETCOR TECHNOLGIES INC 26,223 30,932
    FRESENIUS MED CAR AG 2,300 2,488
    GALAXY ENTERTAINMENT GROUP LIM 2,604 1,685
    GASTAR EXPLORATION LTD 6,694 4,227
    GEN DYNAMICS CP 12,660 14,450
    GENERAL MOTORS 19,132 18,572
    GOLDCORP INC 11,554 9,334
    GOOGLE INC CL A 35,453 51,474
    GOOGLE INC CL C 17,978 25,267
    HANCOCK HOLDING COMPANY 10,807 10,377
    HCA INC 18,448 18,274
    HENNES & MAURITZ AB 1,491 1,718
    HOLCIM LIMITED ADR 3,671 3,434
    HOME DEPOT INC. 21,218 28,027
    HORSEHEAD HOLDING CORP. 6,030 9,403
    IBERIABANK CORPORATION 8,321 9,144
    ICICI BK LTD ADS 4,125 4,505
    IDEXX CORP 18,731 18,979
    INDIVIOR PLC ADR 54 68
    ING GROUP N V SPONSORED ADR 4,846 4,617
    INSPERITY INC 10,945 12,912
    INTESA SANPAOLO SPA 1,696 1,680
    INTUIT 24,794 28,579
    ITV PLC SHS 3,540 3,369
    IXYS CORPORATION 8,755 9,299
    JOHNSON & JOHNSON 11,031 15,476
    JP MORGAN CHASE & CO 17,528 21,465
    JULIUS BAER GROUP LTD 2,016 2,048
    KEYSIGHT TECHNOLOGIES INC 832 1,722
    KFORCE INC. 9,048 15,467
    KINGFISHER PLC 3,969 4,325
    KONINKLIJKE PHILIPS ELECTRONIC 2,132 1,943
    KOREA ELECTRIC PW CP 1,699 1,588
    KROTON EDUCACIONAL SA 2,160 1,799
    KUBOTA CORPORATION 1,717 1,594
    LABORATORY CORP AMER HLDGS 15,520 18,235
    LAS VEGAS SANDS CORP 31,573 24,485
    LEVEL 3 COMMUNICATIONS, INC 18,546 19,505
    LIBERTY GLOBAL INC 3,422 3,967
    LIBERTY GLOBAL, INC. - SERIES 30,345 34,832
    LIBERTY INTERACTIVE CORPORATIO 5,042 5,972
    LIBERTY VENTURES 1,587 1,961
    LIONBRIDGE TECHNOLOGIES, INC. 5,022 9,016
    LLOYDS TSB GROUP PLC 3,401 3,118
    LOEWS CORP 13,497 12,690
    LULULEMON ATHLETICA INC 2,324 2,064
    LVMH MOET HENN UNSP 3,249 3,410
    MAGNUM HUNTER RESOURCES, INC 10,433 6,996
    MARTIN MARIETTA MATLS INC. 11,908 10,039
    MASTERCARD INC 3,682 4,222
    MATERION CORP 10,120 13,564
    MB FINANCIAL INC 5,961 9,858
    MICROSOFT CORPORATION 20,991 32,422
    MINERAL TECH INC 1,744 4,584
    MOBILE MINI, INC. 1,509 3,484
    MOODYS CORP 5,942 6,994
    NESTLE S.A. 2,171 2,116
    NEXTERA ENERGY, INC 11,281 12,967
    NIELSEN HOLDINGS N.V. 3,765 3,936
    NIPPON TELEPHONE ADR 2,116 1,665
    NOBLE ENERGY INC. 13,517 8,443
    NOVARTIS AG ADR 2,615 3,706
    NOVO NORDISK A S 3,379 3,851
    NRG YIELD INC CL A 485,493 518,539
    OLYMPUS CORP S/ADR 2,769 2,849
    OMNICELL, INC. 5,188 10,996
    ORACLE CORP 7,434 9,938
    ORASURE TECHNOLOGIES INC 10,572 16,163
    PACCAR INC 10,694 13,738
    PARAMETRIC TECHNOLOGY CORP 6,877 12,204
    PEPSICO INC 25,467 27,044
    PERNOD-RECARD SA. 1,745 1,625
    PFIZER INC. 21,477 24,640
    PINNACLE FINANCIAL PARTNERS IN 5,878 15,065
    PRAXAIR INC. 22,437 21,766
    PRECISION CASTPARTS 23,464 30,592
    PRICELINE.COM INCORPORATED 11,600 11,402
    PROCTER GAMBLE CO 14,267 18,673
    PUBLICIS GROUPE S.A 2,078 1,748
    QUEST DIAGNOSTICS 10,744 12,004
    RALPH LAUREN CORP 24,157 27,404
    RANGE RESOURCES CORP DEL 12,087 9,461
    RECKITT BENCKISER GROUP 1,952 2,535
    RENASANT CORPORATION 6,392 10,299
    RENAULT SA 1,316 1,172
    RIO TINTO PLC SPONSORED ADR 1,679 1,566
    ROCHE HOLDING LTD ADR 1,516 1,530
    RUBICON TECHNOLOGY, INC. 7,992 5,429
    RUDOLPH TECHNOLOGIES INC 9,624 9,381
    SABMILLER PLC S/ADR 1,500 1,547
    SAFRAN SA - UNSPON ADR 3,080 2,930
    SALESFORCE.COM 16,222 16,844
    SANDISK CORP 15,727 14,893
    SCHLUMBERGER LTD 2,773 2,648
    SEMGROUP CORPORATION 490,486 478,729
    SHERWIN-WILLIAMS CO. 19,239 28,934
    SONY CORP ADR 2,222 2,129
    SPLUNK INC 19,486 18,687
    STARBUCKS CORP COM 13,525 19,200
    STARWOOD HOTELS & RESORTS 25,374 25,132
    SUNTORY BEVERAGE & FOOD LTD AD 1,706 1,569
    SVENSKA CELL AKT SCA ADR 1,725 1,590
    SYSCO CORP 11,305 12,542
    TARGET CORPORATION 21,776 27,252
    TENCENT HOLDINGS LIMITED 1,132 2,278
    TETRA TECHNOLOGIES 8,896 6,774
    TEVA PHARMECEUTICAL SP ADR 6,153 7,074
    TEXAS INSTRUMENTS INC. 15,734 29,783
    TOTAL FINA ELF S.A. 3,517 2,765
    TOYOTA MTR CORP 2,651 3,388
    TWENTY-FIRST CENTURY, FOX INC 10,557 13,136
    UBS AG 3,923 3,274
    ULTRA PETROLEUM CORP 15,609 7,935
    ULTRATECH STEPPER INC. 13,080 11,637
    UMPQUA HOLDINGS CORPORATION 8,410 11,074
    UNION PACIFIC 18,411 31,689
    UNIT CP 11,289 9,650
    UNITEDHEALTH GROUP INC. 21,346 31,439
    VALEANT PHARMACEUTICALS INTL 12,581 13,309
    VASCO DATA SECURITY INTERNATIO 1,265 5,021
    VERTEX PHARMCTLS INC 12,056 12,593
    VISA INC 33,621 44,050
    VMWARE INC 16,478 14,524
    WELLS FARGO & CO. 25,282 55,915
    YELP INC 21,965 16,857

    TY 2014 InvestmentsOtherSchedule2
    Name:
    The Lourie Foundation Inc
    EIN: 20-4000015
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BOARDWALK PIPELINE PARTNERS LP   469,851 479,790
    BUCKEYE PARTNERS, LP   421,346 416,130
    ENERGY TRANSFER EQUITY LP   148,828 826,272
    PLAINS ALL AMERICAN PIPELINE L   439,347 436,220

    TY 2014 OtherExpensesSchedule
    Name:
    The Lourie Foundation Inc
    EIN: 20-4000015
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 32,604     32,604
    Bank Charges 196 196    
    K-1 Exp AMERICAN MIDSTREAM PAR 10      
    K-1 Exp ATLAS ENERGY LP 14,322      
    K-1 Exp BUCKEYE PARTNERS, LP 67 8    
    K-1 Exp CHENIERE ENERGY PARTNE 523 522    
    K-1 Exp CRESTWOOD EQUITY PARTN 9 2    
    K-1 Exp ENERGY TRANSFER EQUITY 264 216    
    K-1 Exp MAGELLAN MIDSTREAM PAR 7      
    K-1 Exp MARKWEST ENERGY PARTNE 9      
    State or Local Filing Fees 25     25


    TY 2014 OtherIncomeSchedule2
    Name:
    The Lourie Foundation Inc
    EIN: 20-4000015
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss AMERICAN MIDSTREAM PARTNERS LP -19,213 318  
    K-1 Inc/Loss ATLAS ENERGY LP -7,037 788  
    K-1 Inc/Loss BUCKEYE PARTNERS, LP -5,527 -268  
    K-1 Inc/Loss CHENIERE ENERGY PARTNERS LP -7,800 13  
    K-1 Inc/Loss CRESTWOOD EQUITY PARTNERS LP -2,289    
    K-1 Inc/Loss ENERGY TRANSFER EQUITY LP -16,462 2,760  
    K-1 Inc/Loss MAGELLAN MIDSTREAM PARTNERS LP -3,083 7  
    K-1 Inc/Loss MARKWEST ENERGY PARTNERS L.P. -12,620 2,199  
    751 Gain on Sale AMERICAN MIDSTREAM PARTNERS LP 2,857    
    751 Gain on Sale ATLAS ENERGY LP 115,636    
    751 Gain on Sale BUCKEYE PARTNERS, LP 23,055    
    751 Gain on Sale CHENIERE ENERGY PARTNERS LP 7,345    
    751 Gain on Sale CRESTWOOD EQUITY PARTNERS LP 5,503    
    751 Gain on Sale MAGELLAN MIDSTREAM PARTNERS LP 7,238    
    751 Gain on Sale MARKWEST ENERGY PARTNERS L.P. 49,426    
    Federal Tax Refund 1,827    


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    The Lourie Foundation Inc
    EIN: 20-4000015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 29,481 29,481    


    TY 2014 TaxesSchedule
    Name:
    The Lourie Foundation Inc
    EIN: 20-4000015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2014 13,800      
    FOREIGN TAXES PAID 17 17