Form990-PF
Click to see list of attachments

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
BEN AND MAYTEE FISCH FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)821 ESE LOOP 323 SUITE 590   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TYLER, TX75701
A Employer identification number

75-2732192
B Telephone number (see instructions)

(903) 617-6331
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$68,032,639J 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).............. 217,535
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 86 86  
4 Dividends and interest from securities...... 1,338,373 1,338,373  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,799,011
b Gross sales price for all assets on line 6a 32,573,957
7 Capital gain net income (from Part IV, line 2)... 4,799,011
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 37,467 37,467  
12 Total. Add lines 1 through 11........ 6,392,472 6,174,937  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 25,698 5,140   20,558
c Other professional fees (attach schedule).... Click to see attachment 411,448 411,448    
17 Interest............... 612 612    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 58,597      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,947 1,389   5,558
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 237,036 177,083   85,355
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 740,338 595,672   111,471
25 Contributions, gifts, grants paid........ 2,856,778 2,856,778
26 Total expenses and disbursements. Add lines 24 and 25 3,597,116 595,672   2,968,249
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,795,356
b Net investment income (if negative, enter -0-) 5,579,265
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.......... 1,774,105 2,215,805 2,215,805
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) 6,983,311 Click to see attachment7,487,444 7,668,301
b Investments—corporate stock (attach schedule)........ 30,036,283 Click to see attachment30,825,275 36,386,400
c Investments—corporate bonds (attach schedule)........ 813,449 Click to see attachment1,075,142 1,088,906
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 16,918,426 Click to see attachment17,716,623 20,649,307
14 Land, buildings, and equipment: basis bullet2,099
Less: accumulated depreciation (attach schedule) bullet2,099      
15 Other assets (describe bullet) Click to see attachment23,259 Click to see attachment23,920 Click to see attachment23,920
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 56,548,833 59,344,209 68,032,639
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 56,548,833 59,344,209
30 Total net assets or fund balances (see instructions)...... 56,548,833 59,344,209
31 Total liabilities and net assets/fund balances (see instructions).. 56,548,833 59,344,209
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 56,548,833
2 Enter amount from Part I, line 27a..................... 2 2,795,356
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 20
4 Add lines 1, 2, and 3.......................... 4 59,344,209
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 59,344,209
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 PASS THRU GAINS FROM K-1'S NET P 2014-01-01 2014-12-31
b capital gain distributions P 2014-01-01 2014-12-31
c GOLDMAN SACHS COVERED S/T - SEE SCH 30 P 2014-01-01 2014-12-31
d GS S/T WASH SALE DISALLOWED - SEE SCH 30 P 2014-01-01 2014-12-31
e GOLDMAN SACHS NON-COVER S/T - SEE SCH 30 P 2014-01-01 2014-12-31
GOLDMAN SACHS COVERED L/T - SEE SCH 30 P 2000-01-01 2014-12-31
GS S/T WASH SALE DISALLOWED - SEE SCH 30 P 2000-01-01 2014-12-31
GOLDMAN SACHS NON-COVER L/T - SEE SCH 30 P 2000-01-01 2014-12-31
GS NON-REPORTED L/T - SEE SCH 30 P 2000-01-01 2014-12-31
MERRILL LYNCH COVERED S/T - SEE SCH 29 P 2014-01-01 2014-12-31
ML S/T WASH SALE DISALLOWED - SEE SCH 29 P 2014-01-01 2014-12-31
ML NON-COVERED S/T - SEE SCH 29 P 2014-01-01 2014-12-31
ML S/T WASH SALE DISALLOWED - SEE SCH 29 P 2014-01-01 2014-12-31
MERRILL LYNCH COVERED L/T - SEE SCH 29 P 2000-01-01 2014-12-31
ML L/T WASH SALE DISALLOWED - SEE SCH 29 P 2000-01-01 2014-12-31
ML NON-COVERED L/T - SEE SCH 29 P 2000-01-01 2014-12-31
ML L/T WASH SALE DISALLOWED - SEE SCH 29 P 2000-01-01 2014-12-31
ML NON-REPORTED L/T - SEE SCH 29 P 2000-01-01 2014-12-31
ONEOK PTRS DISTRIB IN EXCESS OF BASIS P 2000-01-01 2014-12-31
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 49,771     49,771
b 103,491     103,491
c 3,690,676   3,430,861 259,815
d 13,247     13,247
e 606,237   604,773 1,464
4,121,296   3,032,494 1,088,802
423     423
3,686,369   2,780,455 905,914
125,000   110,173 14,827
7,118,637   7,000,727 117,910
16,642     16,642
428,976   434,512 -5,536
    48 -48
10,572,310   8,408,436 2,163,874
9,939     9,939
988,487   947,220 41,267
646     646
1,031,576   1,025,247 6,329
10,234     10,234
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       49,771
b       103,491
c       259,815
d       13,247
e       1,464
      1,088,802
      423
      905,914
      14,827
      117,910
      16,642
      -5,536
      -48
      2,163,874
      9,939
      41,267
      646
      6,329
      10,234
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 4,799,011
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 2,918,127 62,840,876 0.04644
2012 2,746,129 58,321,947 0.04709
2011 2,129,386 57,524,010 0.03702
2010 1,568,981 48,288,872 0.03249
2009 1,544,726 26,344,616 0.05864
2 Total of line 1, column (d) ...................... 2 0.22167
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 0.04433
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 67,223,890
5 Multiply line 4 by line 3....................... 5 2,980,237
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 55,793
7 Add lines 5 and 6......................... 7 3,036,030
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,968,249
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 1 111,585
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........................... 3 111,585
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- ..... 5 111,585
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 53,942
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 87,200
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 141,142
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 1,577
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 27,980
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet27,980 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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 addressbulletwww.fischfoundation.org
    14
    The books are in care ofbulletDAWN FRANKS Telephone no.bullet (903) 617-6331
    Located atbullet821 ESE Loop 323 Suite 590TYLERTX ZIP+4bullet75701
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet2013, 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
    Yes
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    STEPHANIE FISCH GROSSMAN Vice President
    1.00     		0    
    821 ESE LOOP 323 STE 590
    TYLER,TX75701
    MANDY FUERST Secretary
    1.00     		0    
    821 ESE LOOP 323 STE 590
    TYLER,TX75701
    DAVID FUERST Director
    1.00     		0    
    821 ESE LOOP 323 STE 590
    TYLER,TX75701
    JAN F FUERST Director
    1.00     		0    
    821 ESE LOOP 323 STE 590
    TYLER,TX75701
    MARTEE F FUERST President
    1.00     		0    
    821 ESE LOOP 323 STE 590
    TYLER,TX75701
    SANDRA FISCH SOMER Director
    1.00     		0    
    821 ESE LOOP 323 STE 590
    TYLER,TX75701
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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
    Your Philanthropy Consult/Recordkeep 87,000
    821 ESE Loop 323 Suite 590
    Tyler,TX75701
    Merrill Lynch Wealth Management Brokerage 196,846
    6751 Old Jacksonville Highway
    Tyler,TX75703
    Goldman Sachs & Co Brokerage 214,602
    100 Cresent Court Suite 1000
    Dallas,TX75201
    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 NONE 0
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    65,428,447
    b
    Average of monthly cash balances.......................
    1b
    2,811,756
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,401
    d
    Total (add lines 1a, b, and c).........................
    1d
    68,247,604
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    68,247,604
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,023,714
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    67,223,890
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,361,195
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,361,195
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    111,585
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    111,585
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,249,610
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,249,610
    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
    3,249,610
    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
    2,968,249
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,968,249
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,968,249
    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 3,249,610
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 2,994,122
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,968,249
    a Applied to 2013, but not more than line 2a 2,968,249
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount.....  
    e Remaining amount distributed out of corpus  
    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  
    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 .............     		25,873
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		3,249,610
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BEN AND MAYTEE FISCH FOUNDATION
    PO BOX 6905
    TYLER,TX75711
    (903) 509-1771
    bThe form in which applications should be submitted and information and materials they should include:
    NO PRESCRIBED FORM
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES PRIMARILY WITHIN THE REGION OF EAST TEXAS.
    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
    HOSPICE OF EAST TEXAS
    4111 UNIVERSITY
    TYLER,TX75701     		NONE PC WINGS PROGRAM 10,000
    EAST TEXAS FOOD BANK
    3201 ROBERTSON ROAD
    TYLER,TX75701     		NONE PC GENERAL SUPPORT / SENIOR BOX PROGRAM 100,400
    CHILDREN'S VILLAGE AND FAMILY SERVI
    PO BOX 6564
    TYLER,TX75711     		NONE PC PAVING IMPROVMENTS TO NEW BUILDING 23,375
    EAST TEXAS CRISIS CENTER INC
    PO BOX 7060
    TYLER,TX75711     		NONE PC Children's Prevention and Education 25,000
    LITERACY COUNCIL OF TYLER
    PO BOX 6662
    TYLER,TX75711     		NONE PC GED CLASSES 30,000
    TYLER DAY NURSERY
    2901 WEST GENTRY PARKWAY
    TYLER,TX75702     		NONE PC READY, SET, SAFE PLAY 30,000
    TYLER LIONS YOUTH SPORTS
    PO BOX 1354
    TYLER,TX75710     		NONE PC TYLER LIONS YOUTH SPORTS COMMUNITY OUTREACH PROGRAM 2,000
    MAKE A WISH FOUNDATION OF NORTH TEX
    215 WINCHESTER DRIVE
    TYLER,TX75701     		NONE PC WISH GRANTING IN NORTHEAST TEXAS 28,000
    BOYS GIRLS CLUB OF EAST TEXAS INC
    504 W 32ND STREET
    TYLER,TX75702     		NONE PC COMPREHENSIVE MENTORING PROGRAMS 50,000
    EAST TEXAS SYMPHONY ORCHESTRA
    PO BOX 6323
    TYLER,TX75711     		NONE PC GENERAL OPERATING SUPPORT 20,000
    ST PAUL CHILDREN'S FOUNDATION
    1358 EAST RICHARDS STREET
    TYLER,TX75702     		NONE PC ST. PAUL CHILDREN'S MEDICAL/DENTAL CLINICS AND FOUNDATION 20,480
    YOUNG AUDIENCES OF NORTHEAST TEXAS
    200 EAST AMHERST
    TYLER,TX75701     		NONE PC GENERAL OPERATING SUPPORT 25,000
    PARENTS ANONYMOUS OF TYLER
    717 WEST HOUSTON
    TYLER,TX75702     		NONE PC MIDDLE WAY PARENTING PROGRAM 35,000
    CANCER FOUNDATION FOR LIFE
    PO BOX 8257
    TYLER,TX75711     		NONE PC CANCER FOUNDATION FOR LIFE (CFFL) AND THE FITSTEPS FOR LIFE (FSFL) PROGRAM 60,000
    TYLER WOMEN'S BUILDING
    911 S BROADWAY
    TYLER,TX75711     		  PC TYLER WOMEN'S BUILDING, INC CELEBRITY CHEF EVENT FOR 2014 2,500
    CONGREGATIONAL BETH EL
    1010 CHARLESTON DRIVE
    TYLER,TX75703     		NONE PC 2014 BUDGET 36,000
    BETHESDA HEALTH CLINIC
    409 WEST FERGUSON
    TYLER,TX75702     		NONE PC DIABETIC PROGRAM FOR WORKING UNINSURED 25,000
    UNIVERSITY OF TEXAS AT TYLER
    3900 UNIVERSITY BLVD
    TYLER,TX75799     		NONE PC COLLEGE OF PHARMACY/ALUMNI-FACULTY HOUSE 1,000,000
    ALZHEIMER'S ALLIANCE OF SMITH COUNT
    211 WINCHESTER DR
    TYLER,TX75701     		NONE PC 2014 PROGRAMS & SERVICES SUPPORT 35,000
    HABITAT FOR HUMANITY OF SMITH COUNT
    822 W FRONT STREET
    TYLER,TX75702     		NONE PC GENERAL OPERATING SUPPORT FOR SMITH COUNTY HABITAT FOR HUMANITY 35,000
    UNITED WAY OF SMITH COUNTY
    4000 SOUTHPARK DRIVE
    TYLER,TX75703     		NONE PC BUILD UNITED AND EAST TEXAS CENTER FOR NONPROFITS 118,333
    LEADERSHIP TYLER
    315 NORTH BROADWAY
    TYLER,TX75702     		NONE PC LEADERSHIP TYLER AND CORE SESSION AND GENERAL SUPPORT 25,000
    CASA FOR KIDS OF EAST TX
    318 E FIFTH ST
    TYLER,TX75701     		NONE PC VOLUNTEER ADVOCATE RECRUITMENT, TRAINING AND SUPPORT 24,000
    PARENT SERVICES CENTER
    4411 OLD BULLARD ROAD SUITE 602
    TYLER,TX75703     		NONE PC PARENT EDUCATION PROGRAM 25,000
    SMITH COUNTY CHAMPIONS FOR CHILDREN
    4883 HIGHTECH DRIVE
    TYLER,TX75703     		NONE PC SUCCESSFUL BEGINNINGS 35,000
    YMCA OF TYLER TX INC
    225 S VINE AVE
    TYLER,TX75702     		NONE PC SAFETY AND SERVICE AND YMCA CHILDCARE PROGRAMS 32,900
    ATHENS SAMARITANS
    P O BOX 350
    ATHENS,TX75751     		NONE PC MAJOR HOME REPAIR 15,000
    THE SALVATION ARMY IN TYLER
    633 N BROADWAY
    TYLER,TX75702     		NONE PC GENERAL SUPPORT FOR THE SALVATION ARMY IN TYLER 30,000
    SOUTH TYLER ROTARY FOUNDATION
    P O BOX 7153
    TYLER,TX75711     		NONE PC SOUTH TYLER ROTARY CLUB SPAGHETTI SUPPER 3,000
    TISD FOUNDATION
    315 N BROADWAY AVE STE 401
    TYLER,TX75702     		NONE PC SUPPORT OUR TYLER SCHOOLS 40,000
    BUCKNER CHILDREN FAMILY SERVICES
    110E COTTON ST
    LONGVIEW,TX75601     		NONE PC NINOS DE PROMESA / BUCKNER LONGVIEW 50,000
    JUNIOR ACHIEVEMENT OF THE GREATER T
    2737 S BROADWAY AVE STE 207
    TYLER,TX75701     		NONE PC JUNIOR ACHIEVEMENT PROJECT AT PEETE, BIRDWELL, ORR, DIXIE AND RAMEY ELEMENTARY SCHOOLS 24,825
    JEWISH CHILDREN'S REGIONAL SERVICEJ
    PO BOX 7368
    METAIRIE,LA70010     		NONE PC SUPPORT OF JCRS PROGRAMS AND SERVCES IN EAST TEXAS 5,000
    THE FAMILY PEACE PROJECT
    P O BOX 1723
    ATHENS,TX75751     		NONE PC PHASE I OF FACILITY EXPANSION - PREPARING THE WAY 9,975
    THERAPET FOUNDATION
    PO BOX 130118
    TYLER,TX75713     		NONE PC THERAPET SKILLS CLASS 15,000
    ANGEL LAYETTES INC
    PO BOX 6618
    TYLER,TX75711     		NONE PC ANGEL LAYETTES 20,700
    FRIENDS OF PARTNERS IN PREVENTION
    PO BOX 1952
    LONGVIEW,TX75606     		NONE PC LONGVIEW BRIDGES OUT OF POVERTY AND MENTORING PROGRAM 10,000
    GIRL SCOUTS OF NORTHEAST TEXAS
    6001 SUMMERSIDE DR
    DALLAS,TX75252     		NONE PC GIRL SCOUTING IN THE SCHOOL DAY - EAST TEXAS 20,000
    TYLER TYPE I DIABETES FOUNDATION
    713 WSW LOOP 323 STE H
    TYLER,TX75701     		NONE PC GENERAL OPERATING 22,200
    CIRCLE OF TEN
    205 E COMMERCE 205
    JACKSONVILLE,TX75766     		NONE PC Expanding Community Collaboratives and Building Agency Capacity towards Community & Economic Development 60,000
    THE CLOTHES CLOSET MORE
    314 S MAIN ST
    JACKSONVILLE,TX75766     		NONE PC GENERAL OPERATIONS 5,000
    CYSTIC FIBROSIS FOUNDATION
    1021 ESE LOOP 323
    TYLER,TX75701     		NONE PC ANNUAL FUND 3,000
    DISCOVERY SCIENCE PLACE
    308 N BROADWAY
    TYLER,TX75702     		NONE PC GENERAL OPERATING SUPPORT 12,500
    EAST TEXAS COMMUNITIES FOUNDATION
    315 N BROADWAY
    TYLER,TX75702     		NONE PC SHINE YOUR LIGHT COMMUNITY CAMPAIGN AND BERGFIELD PARK IMPROVEMENT PROJECT 35,000
    ETMC FOUNDATION
    PO BOX 6400
    TYLER,TX75711     		NONE PC SANE DOCUMENTATION CAMERA SYSTEM 22,700
    HISPANIC AMERICAN ASSOCIATION OF EA
    1111 E ERWIN
    TYLER,TX75701     		NONE PC LEAP TO USC 15,000
    THE LEUKEMIA LYMPHOMA SOCIETY N TX
    8111 LBJ FREEWAY
    DALLAS,TX75251     		NONE PC EAST TEXAS TRAVEL ASSISTANCE,PATIENT EDUCATION & OUTREACH 5,000
    MADD EAST TEXAS
    215 WINCHESTER STE 100
    TYLER,TX75701     		NONE PC MADD EAST TEXAS PROGRAM SUPPORT 25,000
    NORTH EAST TEXAS BENEVOLENCE INC
    PO BOX 2185
    FLINT,TX75762     		NONE PC FOOD PANTRY 16,000
    NORTH TYLER DAY NURSERY
    3000 N BORDER AVENUE
    TYLER,TX75702     		NONE PC OLD GRIFFIN EXPANSION PROJECT 35,000
    NORTHEAST TEXAS CHILD ADVOCACY CENT
    PO BOX 484
    WINNSBORO,TX75494     		NONE PC COUNSELING PROGRAM 13,930
    PEOPLE ATTEMPTING TO HELP PATH
    402 W FRONT
    TYLER,TX75702     		NONE PC PEOPLE ATTEMPTING TO HELP(PATH)AND PATH SAVING SIGHT VISION SERVICES 45,000
    TEXAS RAMP PROJECT
    PO BOX 832065
    RICHARDSON,TX75083     		NONE PC EAST TEXAS RAMP PROJECT 12,500
    TYLER JUNIOR COLLEGE FOUNDATION
    PO BOX 9020
    TYLER,TX75711     		NONE PC DAVINCI EXHIBIT SPONSORSHIP 5,000
    UNIVERSITY HEALTH SCIENC CENTER AT
    11937 US HWY 271
    TYLER,TX75708     		NONE PC MEDICAL SCHOLARS ACADEMY 1,000
    WINNSBORRO COMMUNITY RESOURCE CENTE
    PO BOX 268
    WINNSBORO,TX75494     		NONE PC WINNSBORRO COMMUNITY RESOURCE CENTER 8,000
    ALTO ECONOMIC DEVELOPMENT CORP
    PO BOX 7
    ALTO,TX75925     		NONE PC ALTO HEALTH FOR ALL 5,000
    ANDREWS CENTER BEHAVIORAL HEALTHCAR
    2323 W FRONT ST
    TYLER,TX75702     		NONE PC REACHING CHILDREN WITH ASD 60,000
    COMMUNITIES IN SCHOOLS OF EAST TEXA
    PO BOX 1233
    MARSHALL,TX75672     		NONE PC COMMUNITIES IN SCHOOLS OF EAST TEXAS, INC. 17,500
    WINDRIDGE THERAPEUTIC EQUESTRIAN CE
    PO BOX 5932
    LONGVIEW,TX75608     		N/A PC WINDRIDGE'S FALL MATCHING GRANT 20,000
    DORS COMMUNITY SERVICES
    PO BOX 1286
    LONGVIEW,TX75606     		N/A PC YOUTH TRANITION CENTER 20,000
    GREAT FOUNDATIONS INC
    307 N GLENWOOD BLVD
    TYLER,TX75702     		N/A PC BRIDGING THE GAP 5,000
    HENDERSON COUNTY FOOD PANTRY
    PO BOX 2062
    ATHENS,TX75751     		N/A PC PROTEIN AND CLEAN 3,500
    LUTHERAN SOCIAL SERVICES OF THE SOU
    8305 CROSS PARK DRIVE
    AUSTIN,TX78754     		NONE PC TYLER FOSTER IN TEXAS AND TRAMA-INFORMED CARE 5,000
    SAMARITAN COUNSELING CENTER OF TYLE
    100 E FERGUSON SUITE 608
    TYLER,TX75702     		N/A PC CAPITAL CAMPAIGN FOR A BUILDING TO HOUSE CFFL AND SCCT 50,000
    SPCA OF EAST TEXAS
    PO BOX 132899
    TYLER,TX75713     		N/A PC COMMUNITY ASSISTANCE FUND 7,500
    THE ARC OF SMITH COUNTY
    5520 OLD BULLARD ROAD 111
    TYLER,TX75703     		N/A PC GENERAL FUNDS 25,000
    TYLER-SMITH COUNTY CHILD WELFARE BO
    PO BOX 132494
    TYLER,TX75713     		N/A PC BAACK TO SCHOOL CLOTHING ALLOWANCE 5,000
    MOUNT VERNON MUSIC ASSOCIATION
    6337 LANGE CIRCLE
    DALLAS,TX75214     		N/A PC SENIOR CITIZEN OUTREACH PERFORMANCES 2,500
    NEXT STEP COMMUNITY SOLUTIONS
    305 S BROADWAY SUITE 603
    TYLER,TX75702     		N/A PC GENERAL OPERATIONS 20,000
    ACHIEVING DREAMS
    PO BOX 131418
    TYLER,TX75713     		NONE PC DREAM MAKERS 5,000
    ART OF PEACE FESTIVAL
    1010 CHARLESTON DRIVE
    TYLER,TX75703     		NONE PC ART OF PEACE FESTIVAL - TYLER, TX 3,000
    BROWNSBORO ISD EDUCATION FOUNDATION
    PO BOX 465
    BROWNSBORO,TX75756     		NONE PC CREATING THE VIABLE EDUCATION FOUNDATION FOR K-12 BROWNBORO ISD 5,000
    BULLARD COMMUNITY LIBRARY
    211 W MAIN STREET
    BULLARD,TX75757     		NONE PC COMPUTERS FOR ALL 4,224
    DALLAS HOLOCAUST MUSEUMCENTER FOR E
    211 NORTH RECORD STREET SUITE 100
    DALLAS,TX75202     		NONE PC REGIONS 7 & 8 HOLOCAUST EDUCATION INITIATIVE 25,000
    EASTTEXAS CORNERSTONE ASSISTANCE NE
    200 N BECKHAM DR
    TYLER,TX75702     		NONE PC CORNERSTONE JOBS 20,000
    EAST TEXAS YOUTH ORCHESTRA
    PO BOX 130694
    TYLER,TX75713     		NONE PC EAST TEXAS SYMPHONY ORCHESTRA EXPANSION 10,000
    FRIENDS OF VAN ZANDT COUNTY LIBRARY
    317 FIRST MONDAY LANE
    CANTON,TX75103     		NONE PC OPERATION FACELIFT 20,000
    GIVE SOLES
    3609 WHITE SETTLEMENT ROAD
    FORT WORTH,TX76107     		NONE PC PLAYGROUND EQUIPMENT FOR YFEC 10,236
    HELPING HANDS OF KILGORE
    201 S MARTIN
    KILGIRE,TX75662     		NONE PC HELPING HANDS: FIGHT POVERTY 2,500
    HENDERSON COUNTY COMMUNITY PARTNERS
    420 ATHENS BRICK ROAD
    ATHENS,TX75752     		NONE PC GENERAL OPERATING FUNDS 5,000
    HOLT HOUSE
    709 SOUTH BOIS DARC
    TYLER,TX75701     		NONE PC THE SUSTAINABILITY PROJECT 10,000
    LIBERTY THEATER
    103 E ERWIN
    TYLER,TX75702     		NONE PC LIBERTY HALL 2014-15 5,000
    NEW CREATION FOUNDATION INC
    1204 W NOBLE
    TROUP,TX75789     		NONE PC NEW CREATION 5,000
    SMITH COUNTY BAR ASSOCIATION
    PO BOX 7248
    TYLER,TX75711     		NONE PC CONSTITUTION DAY 2014 3,500
    SULPHUR SPRINGS ISD
    631 CONNALLY STREET
    SULPHUR SPRINGS,TX75482     		NONE PC REVITALIZING THE SULPHUR SPRINGS EDUCATION FOUNDATION 5,000
    THE WOMEN'S FUND OF SMITH COUNTY
    601 SHELLEY DRIVE
    TYLER,TX75701     		NONE PC FOURTH PARTNERS GENERAL SUPPORT REQUEST 25,000
    WOOD COUNTY CHILD PROTECTION BOARD
    PO BOX 517
    QUITMAN,TX75783     		NONE PC WOOD COUNTY RAINBOW SHOWER 9,000
    Total .................................bullet 3a 2,856,778
    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 86  
    4 Dividends and interest from securities....     14 1,338,373  
    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.....     14 37,467  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 4,799,011  
    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)..   6,174,937  
    13Total. Add line 12, columns (b), (d), and (e)..................
    136,174,937
    (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: 14000265
    Software Version: 2014v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet 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
    BEN AND MAYTEE FISCH FOUNDATION
     
    Employer identification number

    75-2732192
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    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
    Special Rules
    ......... 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
    BEN AND MAYTEE FISCH FOUNDATION
          		Employer identification number

    75-2732192
    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
     
     

    FISCH CHARITABLE LEAD TRUST UW BENJ  
    903 HUNTINGTON CV
     
    HOUSTON, TX77063

    		$217,535


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (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
    BEN AND MAYTEE FISCH FOUNDATION
          		Employer identification number

    75-2732192
    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
     
    		$    
    (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
     
    		$    
    (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
    BEN AND MAYTEE FISCH FOUNDATION
          		Employer identification number

    75-2732192
    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 (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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: 14000265
    Software Version: 2014v5.0

    TY 2014 AccountingFeesSchedule
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 25,698 5,140 0 20,558

    TY 2014 ContractorCompensationExpln
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Contractor Explanation
    Broker Fees
    Broker Fees
    Program, Grant and Secretarial Services

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS - SCHEDULE 17 1,075,142 1,088,906

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK - SCHEDULE 4 1,879,487 2,228,244
    CORPORATE STOCK - SCHEDULE 5 1,665,209 1,963,380
    CORPORATE STOCK - SCHEDULE 6 1,908,006 2,691,659
    CORPORATE STOCK - SCHEDULE 14 460,000 497,260
    CORPORATE STOCK - SCHEDULE 7 1,578,769 1,893,010
    CORPORATE STOCK - SCHEDULE 8 2,269,166 2,799,289
    CORPORATE STOCK - SCHEDULE 9 1,634,746 2,273,348
    CORPORATE STOCK - SCHEDULE 24 5,555,779 6,832,416
    CORPORATE STOCK - SCHEDULE 25 691,340 809,013
    CORPORATE STOCK - SCHEDULE 26 2,711,515 2,835,701
    CORPORATE STOCK - SCHEDULE 19 1,740,398 1,957,685
    CORPORATE STOCK - SCHEDULE 23 6,097,425 6,910,020
    CORPORATE STOCK - SCHEDULE 10 906,542 976,163
    CORPORATE STOCK - SCHEDULE 28 1,726,893 1,719,212

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    US Government Securities - End of Year Book Value:

    7,487,444
    US Government Securities - End of Year Fair Market Value:

    7,668,301
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 InvestmentsOtherSchedule2
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER EQUITY FUNDS - SCHEDULE 3 AT COST 4,082,560 4,503,551
    OTHER INVESTMENTS - SCHEDULE 15 AT COST 409,936 420,436
    FIXED INCOME MUTUAL FUNDS - SCHEDULE 2 AT COST 2,186,664 2,096,856
    OTHER EQUITY FUNDS - SCHEDULE 20 AT COST 323,542 327,838
    OTHER MUTUAL FUNDS - SCHEDULE 22 AT COST 1,530,284 1,439,813
    OTHER INVESTMENTS - SCHEDULE 11 AT COST 725,501 3,456,198
    FIXED INCOME MUTUAL FUNDS - SCHEDULE 13 AT COST 6,259,658 6,219,007
    OTHER MUTUAL FUNDS - SCHEDULE 27 AT COST 897,860 889,430
    OTHER INVESTMENTS - SCHEDULE 3 AT COST 1,000,000 991,000
    OTHER MUTUAL FUNDS - SCHEDULE 18 AT COST 300,618 305,178

    TY 2014 LandEtcSchedule2
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Machinery and Equipment 2,099 2,099    


    TY 2014 OtherAssetsSchedule
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Income in Transit 21,806 21,056 21,056
    Purchased Interest 1,453 2,864 2,864


    TY 2014 OtherExpensesSchedule
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CERTIFICATE FEES 12,233 12,233    
    CONTRIBUTIONS FROM K-1 52 52    
    DUES/MEMBERSHIPS 2,725 545   2,180
    FOREIGN TAX PAID ON K-1'S 6,686 6,686    
    FORIEGN DIVIDEND TAX 16,609 16,609    
    INSURANCE 750 375   375
    LOSS FROM PRTSHP-ACCESS MIDSTRM PTRS LP 12,301 12,301    
    LOSS FROM PRTSHP-COAST ACCESS 2,935 2,935    
    LOSS FROM PRTSHP-EL PASO PIPELINE PTRS L 1,363 1,363    
    LOSS FROM PRTSHP-ENTERPRISE PROD PARTNER 2,334 2,334    
    LOSS FROM PRTSHP-MARKWEST ENERGY PTRS LP 14,465 14,465    
    LOSS FROM PRTSHP-ONEOK PARTNERS 933 933    
    LOSS FROM PRTSHP-RICE MIDSTREAM PTRS 794 794    
    LOSS FROM PRTSHP-SUNOCO LOGISTICS 22,012 22,012    
    LOSS FROM PTRSHP OTHER RENT-COAST ACCESS 24 24    
    LoSS FROM PTRSHP RENTAL RE - COAST ACCES 41 41    
    MISCELLANEOUS 4,246 4,246    
    NON-DEDUCTIBLE EXPENSE FROM K-1 4,068      
    OTHER DEDUCTIONS FROM FINAL K-1's 27 27    
    OTHER ORD LOSS FROM PRTSHP-ARTISIAN:DYNA 801 801    
    OTHER ORD LOSS FROM PRTSHP-COAST ACCESS 310 310    
    PORTFOLIO DEDUCTIONS 73,047 73,047    
    PRIOR PERIOD ADJ TO N/D EXPENSE -29,470      
    SECRETARIAL SERVICES 87,000 4,350   82,650
    SUBSCRIPTIONS 750 600   150


    TY 2014 OtherIncomeSchedule2
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 37,467 37,467  


    TY 2014 OtherIncreasesSchedule
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKER FEES 411,448 411,448 0 0


    TY 2014 TaxesSchedule
    Name:
    BEN AND MAYTEE FISCH FOUNDATION
    EIN: 75-2732192
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 58,597