Form990-PF
Click to see attachment

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 Esperance Family 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

20-0494459
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$2,407,254J 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).............. 208,450
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 17 17  
4 Dividends and interest from securities...... 66,788 66,788  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -558,015
b Gross sales price for all assets on line 6a 1,034,900
7 Capital gain net income (from Part IV, line 2)... 0
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 -6,155 5,334  
12 Total. Add lines 1 through 11........ -288,915 72,139  
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 11,064 11,064    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,277 2,158    
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 41,136 23,409   17,562
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 84,477 36,631   17,562
25 Contributions, gifts, grants paid........ 555,125 555,125
26 Total expenses and disbursements. Add lines 24 and 25 639,602 36,631   572,687
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -928,517
b Net investment income (if negative, enter -0-) 35,508
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 312,037 145,491 145,491
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)........ 2,441,561 Click to see attachment1,855,970 1,379,846
c Investments—corporate bonds (attach schedule)........ 100,000 Click to see attachment50,000 51,310
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,033,020 Click to see attachment906,640 830,607
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) 3,886,618 2,958,101 2,407,254
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 3,886,618 2,958,101
30 Total net assets or fund balances (see instructions)...... 3,886,618 2,958,101
31 Total liabilities and net assets/fund balances (see instructions).. 3,886,618 2,958,101
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 3,886,618
2 Enter amount from Part I, line 27a..................... 2 -928,517
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,958,101
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 2,958,101
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
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 1,034,900   1,624,431 -589,531
b       30,907
c
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       -589,531
b        
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 -558,624
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 539,405 2,573,482 0.209601
2012 1,140,570 2,791,075 0.408649
2011 1,068,397 3,484,745 0.306593
2010 925,478 3,893,147 0.23772
2009 753,237 4,139,357 0.18197
2 Total of line 1, column (d) ...................... 2 1.344533
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 0.268907
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,441,765
5 Multiply line 4 by line 3....................... 5 656,608
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 355
7 Add lines 5 and 6......................... 7 656,963
8 Enter qualifying distributions from Part XII, line 4.............. 8 572,687
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 1 710
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........................... 3 710
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- ..... 5 710
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 11,400
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,400
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 10,690
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet800 RefundedBullet 11 9,890
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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
    Alex Newton VP / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Coco Newton VP / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Keri Newton VP / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Roger S Newton Pres / Dir / Sec
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Russell Newton VP / Dir
    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
    1,698,315
    b
    Average of monthly cash balances.......................
    1b
    148,889
    c
    Fair market value of all other assets (see instructions)................
    1c
    631,745
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,478,949
    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
    2,478,949
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    37,184
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,441,765
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    122,088
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    122,088
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    710
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    710
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    121,378
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    121,378
    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
    121,378
    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
    572,687
    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
    572,687
    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
    572,687
    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 7 121,378
    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....... 546,931
    b From 2010....... 747,965
    c From 2011....... 898,918
    d From 2012....... 1,015,792
    e From 2013....... 422,078
    fTotal of lines 3a through e......... 3,631,684
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 572,687
    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..... 121,378
    e Remaining amount distributed out of corpus 451,309
    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 4,082,993
    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) ...     		546,931
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		3,536,062
    10 Analysis of line 9:
    a Excess from 2010.... 747,965
    b Excess from 2011.... 898,918
    c Excess from 2012.... 1,015,792
    d Excess from 2013.... 422,078
    e Excess from 2014.... 451,309
    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).)
    Coco Newton
    Roger S Newton
    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
    AIM HIGH SCHOOL
    29230 W 12 MILE RD
    FARMINGTN HLS,MI48334     		N/A PC General & Unrestricted 82,000
    AMERICAN SOCIETY FOR BIOCHEMISTRY AND MOLECULAR BI
    11200 ROCKVILLE PIKE STE 302
    ROCKVILLE,MD20852     		N/A PC Charitable Event 5,000
    CENTRO EDUCATIVO LA MINGA INC
    PO BOX 877
    GRANBY,CO80446     		N/A PC General & Unrestricted 20,000
    CHILD ADVOCATES - DENVER CASA
    1420 OGDEN ST STE A1
    DENVER,CO80218     		N/A PC Sponsorship of CASA volunteer advocacy program 1,200
    COLORADO OPEN GOLF FOUNDATION
    4908 TOWER RD
    DENVER,CO80249     		N/A PC General & Unrestricted 4,000
    CROHNS & COLITIS FOUNDATION OF AMERICA - ROCKY MOU
    1777 S BELLAIRE ST STE 230
    DENVER,CO80222     		N/A PC General & Unrestricted 8,000
    ECOLOGY CENTER INC
    339 E LIBERTY STE 300
    ANN ARBOR,MI48104     		N/A PC General & Unrestricted 5,000
    ELS FOR AUTISM FOUNDATION
    18370 LIMESTONE CREEK RD
    JUPITER,FL33458     		N/A PC General & Unrestricted 1,500
    FIRST TEE OF BENTON HARBOR INC
    201 GRAHAM AVE
    BENTON HARBOR,MI49022     		N/A PC General & Unrestricted 1,500
    FOOD GATHERERS
    PO BOX 131037
    ANN ARBOR,MI48113     		N/A PC General & Unrestricted 5,000
    GLOBAL FUND FOR WOMEN INC
    222 SUTTER ST STE 500
    SAN FRANCISCO,CA94108     		N/A PC General & Unrestricted 5,000
    GROUNDWORK CENTER FOR RESILIENT COMMUNITIES INC
    148 E FRONT ST STE 301
    TRAVERSE CITY,MI49684     		N/A PC General & Unrestricted 15,000
    GROUNDWORK CENTER FOR RESILIENT COMMUNITIES INC
    148 E FRONT ST STE 301
    TRAVERSE CITY,MI49684     		N/A PC Charitable Event 25,000
    HUMANE SOCIETY OF HURON VALLEY
    3100 CHERRY HILL RD
    ANN ARBOR,MI48105     		N/A PC General & Unrestricted 50,000
    JON BON JOVI SOUL FOUNDATION
    1635 MARKET ST FL 17
    PHILADELPHIA,PA19103     		N/A PC Joseph's House 500
    KERN ASPEN LIPID CONFERENCE
    12700 E 19TH AVE RESEARCH 2 BOX C-
    AURORA,CO80045     		N/A PC Charitable Event 30,000
    LAND INSTITUTE
    2440 E WATER WELL RD
    SALINA,KS67401     		N/A PC General & Unrestricted 15,000
    LEELANAU CONSERVANCY
    PO BOX 1007
    LELAND,MI49654     		N/A PC Farmland and Swanson Farm Preservation 50,000
    PUG NATION RESCUE OF LOS ANGELES INC
    16829 S BROADWAY
    GARDENA,CA90248     		N/A PC General & Unrestricted 2,000
    ROB THE DRUMMER EDUCATIONAL PROGRAMS INC
    115 MONTCLAIR DR
    West Hartford,CT06107     		N/A PC Michigan Tour 2014 192,925
    ROCKY MOUNTAIN CHILDRENS LAW CENTER
    1325 S COLORADO BLVD STE 701
    DENVER,CO80222     		N/A PC General & Unrestricted 1,500
    TIBETAN NYINGMA RELIEF FOUNDATION
    2210 HAROLD WAY
    BERKELEY,CA94704     		N/A PC General & Unrestricted 10,000
    UNIVERSITY MUSICAL SOCIETY
    881 N UNIVERSITY AVE
    ANN ARBOR,MI48109     		N/A PC Children's Cultural Educational 25,000
    Total .................................bullet 3a 555,125
    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 17  
    4 Dividends and interest from securities....     14 66,788  
    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 .............     		525990 1,991 18 -560,006  
    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 -18,830 14 5,331  
    bFederal Tax Refund     01 7,336  
    cForeign Tax Refund     01 8  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -16,839 -480,526  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13-497,365
    (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
    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
    The Esperance Family Foundation Inc
     
    Employer identification number

    20-0494459
    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
    The Esperance Family Foundation Inc
          		Employer identification number

    20-0494459
    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
     
     

    Newton Roger S  
    3672 Prospect Road
     
    Ann Arbor, MI48105

    		$207,950


    (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
    The Esperance Family Foundation Inc
          		Employer identification number

    20-0494459
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 ALNYLAM PHARMACEUTICALS, INC ALNY, 2000.00 shs $ 207,950 2014-12-11
    (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
    The Esperance Family Foundation Inc
          		Employer identification number

    20-0494459
    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:  
    Software Version:  

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

    TY 2014 DepreciationSchedule
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    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 GeneralExplanationAttachment
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    Identifier Return Reference Explanation
    Part I,Line 6a(990-PF)-Net Gain/(Loss) from Sales of Assets Not in Part IV Part I,Line 6a(990-PF)-Net Gain/(Loss) from Sales of Assets Not in Part IV Name Gross Sales Book Basis Net Price Gain/(Loss) Publicly-traded $1,034,900 $1,625,813 $(590,913) Securities Passthrough K-1 Capital $30,907 Gain/(Loss)-non UBI Total included in Part IV: $1,034,900 $1,625,813 $(560,006) Passthrough K-1 Capital $1,991 Gain/(Loss) - UBI Part I, Line 6a Total: $(558,015)

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ROYAL BK - 0% - 11/18/2015 50,000 51,310

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALNYLAM PHARMACEUTICALS, INC 207,949 193,999
    ANGLO AMERICAN PLC ADR 1,524 1,467
    APPLE INC. 8,886 12,694
    AT&T, INC 18,336 18,172
    AXA ADS 3,985 3,823
    BAE SYSTEMS PLC 5,552 7,698
    BANK OF MONTREAL 9,929 11,600
    BCE INC 13,971 14,538
    BERKSHIRE HATHAWAY INC. CLASS 6,621 15,015
    BHP BILLITON SP ADR 6,597 5,504
    BP PLC SPONSORED ADR 15,930 14,447
    BRITISH SKY ADS 1,105 1,059
    CABOT OIL & GAS CORP 11,221 9,357
    CALIFORNIA RESOURCES CORPORATI 655 579
    CANON INC. 2,856 2,818
    CATAMARAN CORP 10,014 11,437
    CENTURY LINK INC 15,997 17,930
    CHINA MOBILE HGK LTD 8,459 9,705
    CHINA PETRO & CHEM 4,530 5,266
    CHUNGHWA TELECOM 1,060 1,059
    CNOOC LTD ADS 6,917 6,230
    COACH INC 1,876 1,991
    COMCAST CORP 107,385 172,710
    CONOCOPHILLIPS 6,834 7,804
    CONTANGO OIL AND GAS CO 379,343 183,860
    DEUTSCHE TELE AG ADS 10,318 12,950
    DISH NETWORK CORP 9,742 11,954
    ECOPETROL SA 4,807 2,482
    ENDURO ROYALTY TRUST 103,875 36,150
    ENI S.P.A. 15,493 12,463
    ENSCO PLC 10,886 6,859
    FACEBOOK INC 19,671 78,020
    FORD MOTOR COMPANY 41,193 49,430
    FREEPORT-MCMORAN COPPER & GOLD 1,368 1,285
    GLAXOSMITHKLINE PLC 7,191 6,838
    HUSKY ENERGY INC CAD 1,763 1,706
    KEYCORP 11,226 10,884
    KRAFT FOODS GROUP, INC. 1,360 1,441
    LENNAR CORP 11,244 12,457
    LORILLARD INC 4,233 5,224
    NOBLE CORPORATION 1,449 1,011
    OAO GAZPROM 8,407 4,879
    OCCIDENTAL PETROLEUM CORP 18,237 21,281
    OCEAN POWER TECHNOLOGIES, INC. 167,168 6,344
    OGX PETROLEO E GAS PARTICIPACO 11,196 29
    ORACLE CORP 12,263 21,361
    ORANGE 12,508 17,580
    OREXIGEN THERAPEUTICS INC 44,805 60,600
    PACIFIC COAST OIL TRUST 125,500 35,910
    PETRO CHINA 3,883 3,773
    POTASH CORPORATION OF SASKATCH 2,951 3,214
    RESVERLOGIX CORP COM NPV 100,184 4,396
    REYNOLDS AMERICAN INC 856 964
    RIO TINTO PLC SPONSORED ADR 1,641 1,704
    ROWAN CO PLC 15,110 9,328
    ROYAL BANK OF CANADA 2,336 3,315
    ROYAL DUTCH SHELL PLC 11,740 11,114
    SHAW COMMUNICATIONS INC 5,131 5,938
    STAPLES INC. 2,167 3,062
    STATOIL ASA ADS 2,007 1,603
    SUN LIFE FINANCIAL INC 1,250 1,478
    SWISS RE LTD ADR 4,079 6,089
    SYMANTEC CORP 9,724 14,755
    T-MOBILE US INC 12,654 12,042
    TECK COMINCO LIMITED CL B SV 3,243 2,646
    TELEFONICA BRASIL, S.A. 8,690 6,789
    TELEFONICA S A ADR 9,495 8,597
    TELENOR ASA 4,689 4,359
    TELIASONERA ADR 9,077 9,003
    TELSTRA CORPORATION 14,200 18,532
    TELUS CORP 5,170 5,514
    THE MOSAIC CO 10,450 9,404
    TOTAL FINA ELF S.A. 10,061 10,496
    TWENTY-FIRST CENTURY, FOX INC 11,278 12,560
    VERIZON COMMUNICATIONS 24,830 25,214
    VIVUS, INC. 26,530 7,200
    VODAFONE GROUP PLC 17,987 15,274
    YUM BRANDS INC 11,122 11,583
    ZENITH EPIGENETICS CORP    

    TY 2014 InvestmentsOtherSchedule2
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CALUMET SPECIALTY PRODUCTS PAR   109,728 94,122
    CLEARWATER CAPITAL PARTNERS II   339,769 295,277
    ENLINK MIDSTREAM PARTNERS LP   54,656 58,020
    NB CROSSROADS FUND XVII - ASSE   205,163 254,817
    OCH-ZIFF CAPITAL MGMT GROUP LL   70,653 46,720
    SILVERPEAK LEGACY FUND III, LP   126,671 81,651

    TY 2014 OtherExpensesSchedule
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 17,537     17,537
    Bank Charges 403 403    
    K-1 Exp CALUMET SPECIALTY PROD 148 18    
    K-1 Exp CLEARWATER CAPITAL PAR 10,753 10,753    
    K-1 Exp ENLINK MIDSTREAM PARTN 4      
    K-1 Exp NB CROSSROADS FUND XVI 10,328 10,322    
    K-1 Exp OCH-ZIFF CAPITAL MGMT 430 430    
    K-1 Exp SILVERPEAK LEGACY FUND 1,508 1,483    
    State or Local Filing Fees 25     25


    TY 2014 OtherIncomeSchedule2
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss CALUMET SPECIALTY PRODUCTS PARTNERS, -13,823 292  
    K-1 Inc/Loss CLEARWATER CAPITAL PARTNERS III, LP 1,235 1,235  
    K-1 Inc/Loss ENLINK MIDSTREAM PARTNERS LP -2,080 -9  
    K-1 Inc/Loss NB CROSSROADS FUND XVII - ASSET ALLOC 3,681 3,681  
    K-1 Inc/Loss OCH-ZIFF CAPITAL MGMT GROUP LLC 902 922  
    K-1 Inc/Loss SILVERPEAK LEGACY FUND III, LP -3,414 -795  
    Federal Tax Refund 7,336    
    Foreign Tax Refund 8 8  


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 11,064 11,064    


    TY 2014 TaxesSchedule
    Name:
    The Esperance Family Foundation Inc
    EIN: 20-0494459
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF EXCISE TAX FOR 2014 11,400      
    990-PF Excise Tax for 2013 7,147      
    990-T TAX FOR 2013 5,200      
    FOREIGN TAX 2,158 2,158    
    IRS Miscellaneous Fee 6,372