TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2014

Open to Public Inspection

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

Name of foundation
THE BURKE FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)LH FRISHKOFF CO 529 5TH AVE 9TH FL Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10017

A Employer identification number

22-3341317

B Telephone number (see instructions)

(212) 339-8502

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$5,684,786J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	279		279
4	Dividends and interest from securities......	155,772		155,772
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		408,690
b	Gross sales price for all assets on line 6a 1,270,488
7	Capital gain net income (from Part IV, line 2)...			408,690
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	564,741		564,741
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		8,000	5,360	2,640
c	Other professional fees (attach schedule)....		32,033	32,033	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		2,154	2,154	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		370	60	310
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	42,557		39,607	2,950
25	Contributions, gifts, grants paid........	1,258,000			1,258,000
26	Total expenses and disbursements. Add lines 24 and 25	1,300,557		39,607	1,260,950
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-735,816
b	Net investment income (if negative, enter -0-)			525,134
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	1,763,982	1,567,329	1,567,329
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	2,356,363	2,683,139	3,202,535
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,457,513	591,574	914,922
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,577,858	4,842,042	5,684,786
	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 )
	23	Total liabilities (add lines 17 through 22)..........	0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	4,956,813	4,956,813
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	621,045	-114,771
	30	Total net assets or fund balances (see instructions)......	5,577,858	4,842,042
	31	Total liabilities and net assets/fund balances (see instructions)..	5,577,858	4,842,042

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	5,577,858
2	Enter amount from Part I, line 27a.....................	2	-735,816
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	4,842,042
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	4,842,042

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	174.15 SHS OF MAVERICK LEVERED FUND LTD	P	1999-01-28	2014-06-30
b	GS LIQUIDITY PARTNERS 2007 LP	P	2009-03-10	2014-01-01
c	365 SHS OF ASTRAZENECA PLC ADR	P	2008-07-10	2014-05-29
d	50 SHS OF BOEING CO	P	2009-05-11	2014-03-10
e	430 SHS OF DOMINION RES INC VA	P	2013-07-21	2014-06-13
	.375 SHS OF HALYARD HEALTH INC - CASH IN LIEU	P
	633 SHS OF KRAFT FOODS GROUP	P	2012-10-03	2014-02-13
	325 SHS OF RAYTHEON COMPANY	P	2012-04-23	2014-03-31
	610 SHS OF VERIZON COMMUNICATIONS	P		2014-03-03
	VERIZON COMMUNICATIONS - CASH IN LIEU	P		2014-02-26
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,105,568	164,372	941,196
b	6,318	620,517	-614,199
c	26,527	17,555	8,972
d	6,479	2,243	4,236
e	29,499	17,883	11,616
	14	9	5
	33,478	20,339	13,139
	31,841	17,206	14,635
	28,110	1,673	26,437
	7	1	6
	2,647		2,647

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			941,196
b			-614,199
c			8,972
d			4,236
e			11,616
			5
			13,139
			14,635
			26,437
			6
			2,647

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	408,690
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	825,490	6,579,935	0.125456
2012	1,203,423	5,068,528	0.237430
2011	480,883	5,414,111	0.088820
2010	980,162	5,331,340	0.183849
2009	1,282,180	5,517,631	0.232379

2	Total of line 1, column (d) ......................	2	0.867934
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	0.173587
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	6,497,813
5	Multiply line 4 by line 3.......................	5	1,127,936
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	5,251
7	Add lines 5 and 6.........................	7	1,133,187
8	Enter qualifying distributions from Part XII, line 4..............	8	1,260,950
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	5,251
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	5,251
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	5,251
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	5,798
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	5,798
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	547
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax547	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

NJ, NY

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

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

Yes

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

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

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

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

LH FRISHKOFF COMPANY LLP Telephone no. bullet

(212) 808-0070

Located at bullet

529 FIFTH AVENUENEW YORKNY ZIP+4 bullet

10017

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

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

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

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

16 No

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

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2014)

Page 7

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JAMES J BURKE JR	TRUSTEE 3.00	0	0	0
LH FRISHKOFF CO LLP 529 5TH AVE 9TH FL NEW YORK,NY10017	TRUSTEE 3.00	0	0	0
JEANNE J BURKE	TRUSTEE 1.00	0	0	0
LH FRISHKOFF CO LLP 529 5TH AVE 9TH FL NEW YORK,NY10017	TRUSTEE 1.00	0	0	0
JAMES J BURKE III	TRUSTEE 0.10	0	0	0
LH FRISHKOFF CO LLP 529 5TH AVE 9TH FL NEW YORK,NY10017	TRUSTEE 0.10	0	0	0
JENNIFER J BURKE	TRUSTEE 0.10	0	0	0
LH FRISHKOFF CO LLP 529 5TH AVE 9TH FL NEW YORK,NY10017	TRUSTEE 0.10	0	0	0
BRIAN BURKE	TRUSTEE 0.10	0	0	0
LH FRISHKOFF CO LLP 529 5TH AVE 9TH FL NEW YORK,NY10017	TRUSTEE 0.10	0	0	0
PHILIPPA C BURKE	TRUSTEE 0.10	0	0	0
LH FRISHKOFF CO LLP 529 5TH AVE 9TH FL NEW YORK,NY10017	TRUSTEE 0.10	0	0	0

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









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

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

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

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1	N/A	0
2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Part X

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

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

purposes:

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

4,614,651

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

1,982,113

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

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

6,596,764

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

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

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

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

6,596,764

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

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

98,951

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

6,497,813

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

324,891

Part XI

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

and do not complete this part.)

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

324,891

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

5,251

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

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

5,251

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

319,640

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

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

319,640

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

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

319,640

Part XII

Qualifying Distributions (see instructions)

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

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

1,260,950

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

1,260,950

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

5,251

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

1,255,699

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

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					319,640
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	1,008,238
b From 2010.......	715,083
c From 2011.......	212,030
d From 2012.......	968,831
e From 2013.......	500,135
fTotal of lines 3a through e.........		3,404,317
4Qualifying distributions for 2014 from Part
XII, line 4: $ 1,260,950
a Applied to 2013, but not more than line 2a					0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions).........		0
d Applied to 2014 distributable amount.....					319,640
e Remaining amount distributed out of corpus		941,310
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		4,345,627
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		1,008,238
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		3,337,389
10 Analysis of line 9:
a Excess from 2010....	715,083
b Excess from 2011....	212,030
c Excess from 2012....	968,831
d Excess from 2013....	500,135
e Excess from 2014....	941,310

Form 990-PF (2014)

Page 10

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

JAMES J BURKE JR

JEANNE J BURKE

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN MUSEUM OF NATURAL HISTORY CENTRAL PARK WEST AT 79TH STREET NEW YORK,NY100245192	NONE	OTHER PUBLIC CHARITY	TO PROMOTE SCIENCE, EDUCATION, AND EXHIBITIONS.	24,000
BROWN UNIVERSITY PO BOX 1893 110 ELM STREET PROVIDENCE,RI02912	NONE	OTHER PUBLIC CHARITY	TO PROVIDE THE RESOURCES NECESSARY TO ADVANCE BROWN'S ACADEMIC MISSION.	111,000
HARVARD BUSINESS SCHOOL CLUB OF NY 162 WEST 56TH STREET SUITE 405 NEW YORK,NY10019	NONE	OTHER PUBLIC CHARITY	TO PROVIDE SCHOLARSHIPS TO DESERVING NEW YORKERS TO STUDY AT HBS AND PROGRAMS CREATED BY THE CLUB AIMED AT PROVIDING SIGNIFICANT IMPACT TO THE COMMUNITY AND HBS.	6,000
RONALD MCDONALD HOUSE OF NEW YORK 405 EAST 73RD STREET NEW YORK,NY10021	NONE	OTHER PUBLIC CHARITY	TO PROVIDE SAFE, TEMPORARY, AFFORDABLE HOUSING TO CHILDREN DIAGNOSED WITH CANCER.	15,000
ROUNDABOUT THEATRE COMPANY 231 W 39TH STREET SUITE 1200 NEW YORK,NY10018	NONE	OTHER PUBLIC CHARITY	TO HELP WITH PRODUCTION OF CLASSIC PLAYS AND MUSICALS; DEVELOPMENT AND PRODUCTION OF NEW WORKS BY ESTABLISHED AND EMERGING WRITERS.	26,500
SETON HALL PREPARATORY SCHOOL 120 NORTHFIELD AVE WEST ORANGE,NJ070524794	NONE	OTHER PUBLIC CHARITY	TO PROVIDE GUIDANCE AND MENTORING FOR SCHOLARS AND FAMILIES.	1,015,000
THE ALL STARS PROJECT INC 543 WEST 42ND STREET NEW YORK,NY10036	NONE	OTHER PUBLIC CHARITY	TO PROVIDE HIGH-QUALITY DEVELOPMENT PROGRAMS TO INNER-CITY YOUNG PEOPLE IN MANY POOR COMMUNITIES IN NJ.	51,000
THE DENAN PROJECT INC PO BOX 543 WOODBURY,CT06798	NONE	OTHER PUBLIC CHARITY	TO PROVIDE FREE MEDICAL CARE, POTABLE WATER, AGRICULTURAL TRAINING, EDUCATION AND OTHER CRITICAL SERVICES FOR THE PEOPLE OF IMPOVERISHED COMMUNITIES.	5,000
PAN-MASS CHALLENGE 77 FOURTH AVE NEEDHAM,MA02494	NONE	OTHER PUBLIC CHARITY	TO RAISE MONEY FOR CANCER RESEARCH AND TREATMEN FOR DANA-FARBER CANCER INSTITUTE.	3,500
BOSTON MARATHON JIMMY FUND WALS 10 BROOKLINE PLACE WEST 6TH FLOOR BROOKLINE,MA02445	NONE	OTHER PUBLIC CHARITY	TO PROVIDE GREATER ACCESS TO THE TOOLS AND TECHNOLOGIES THAT ADVANCE THE LATEST SCIENTIFIC DISCOVERIES.	1,000
Total ................................. 3a				1,258,000

bApproved for future payment

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

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............			14	279
4 Dividends and interest from securities....			14	155,772
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............			18	408,690
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		564,741	0

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

13564,741

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2014)

Page 13

Part XVII

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

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

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 AccountingFeesSchedule

Name:

THE BURKE FAMILY FOUNDATION

EIN: 22-3341317

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING AND TAX PREPARATION	8,000	5,360		2,640

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

THE BURKE FAMILY FOUNDATION

EIN: 22-3341317

Name of Stock	End of Year Book Value	End of Year Fair Market Value
SCHWAB 5044: 1500 SHS - EATO VANCE SHT DUR INCM	23,578	21,225
SCHWAB 5088: 1200 SHS - METLIFE INC	48,124	64,908
SCHWAB 5088: 1400 SHS - BCE INC NEW	73,776	77,274
SCHWAB 5088: 685 SHS - ASTRAZENECA PLC ADR	31,468	48,210
SCHWAB 5088: 725 SHS - RAYTEHON COMPANY NEW	38,326	78,423
SCHWAB 5088: 1100 SHS - CONOCOPHILLIPS	54,751	75,966
SCHWAB 5088: 1230 SHS - CORNING INC.	25,814	28,204
SCHWAB 5088: 1390 SHS - LILLY ELI & COMPANY	67,666	95,896
SCHWAB 5088: 1193 SHS - DUKE ENERGY CORP NEW	56,321	99,663
SCHWAB 5088: 1350 SHS - GLAXOSMITHKLINE PLC ADR	58,894	57,699
SCHWAB 5088: 1540 SHS - MERCK & CO INC	47,829	87,457
SCHWAB 5088: 1720 SHS - PFIZER	50,652	53,578
SCHWAB 5088: 1830 SHS - ALTRIA GROUP INC	44,041	95,091
SCHWAB 5088: 2870 SHS - GENERAL ELECTRIC COMPANY	95,980	72,525
SCHWAB 5088: 2320 SHS - VODAFONE GROUP NEW ADR	66,423	43,225
SCHWAB 5088: 3165 SHS - CISCO SYSTEMS INX	65,518	88,034
SCHWAB 5088: 2800 SHS - INTEL CORP	64,229	101,612
SCHWAB 5088: 2005 SHS - MICROSOFT CORP	47,829	93,132
SCHWAB 5088: 2170 SHS - UNILEVER NV NY SHS NEW	47,961	84,717
SCHWAB 5088: 2250 SHS - AT&T INC NEW	61,345	75,578
SCHWAB 5088: 180 SHS - BOEING CO	8,074	23,396
SCHWAB 5088: 575 SHS - TRAVELERS COMPANIES INC	39,916	60,864
SCHWAB 5088: 290 SHS - 3M COMPANY	16,837	47,653
SCHWAB 5088: 290 SHS - CNOOC LIMITED ADR F	50,423	39,278
SCHWAB 5088: 320 SHS - JOHNSON & JOHNSON	19,695	33,462
SCHWAB 5088: 340 SHS - NEXTERA ENERGY INC	16,569	36,139
SCHWAB 5088: 360 SHS - HSBC HOLDINGS PLC ADR NEW	15,606	17,003
SCHWAB 5088: 1015 SHS - HEALTH CARE REIT INC	53,050	76,805
SCHWAB 5088: 430 SHS - DOMINION RES INC VA NEW	0	0
SCHWAB 5088: 1595 SHS - H C P INC	56,970	70,228
SCHWAB 5088: 555 SHS - DIAGEO PLC NEW ADR	30,067	63,320
SCHWAB 5088: 135 SHS - KIMBERLY-CLARK CORP	28,184	64,125
SCHWAB 5088: 560 SHS - CHEVRON CORP	48,455	62,821
SCHWAB 5088: 633 SHS - KRAFT FOODS, INC	0	0
SCHWAB 5088: 1060 SHS - DU PONT E I DE NEMOURS & CO	49,167	78,376
SCHWAB 5088: 800 SHS - PHILIP MORRIS INTL INC	40,206	65,160
SCHWAB 5088: 1350 SHS - JP MORGAN CHASE & CO	67,139	84,483
SCHWAB 5088: 900 SHS - GENUINE PARTS CO	29,006	95,913
SCHWAB 5088: 925 SHS - DIAMOND OFFSHR DRILLING	65,702	33,957
SCHWAB 5088: 965 SHS - ROYAL DUTCH SHELL B ADRF	67,800	67,125
SCHWAB 5088: 69 SHS - HALYARD HEALTH INC	1,285	3,137
SCHWAB 5088: 2455 SHS - SYMANTEC CORP	49,271	62,983
UBS 53026: 12000 SHS - GENERAL ELECTRIC COMPANY	334,192	303,240
UBS 53026: 26250 SHS - EATON VANCE LTD DURATION INC. FD	525,000	370,650

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

THE BURKE FAMILY FOUNDATION

EIN: 22-3341317

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
174.15 SHS - MAVERICK LEVERED FUND	AT COST	0	0
GOLDMAN SACHS: SHS - GS LIQUIDITY PARTNER 07 OFFSHORE	AT COST	0	0
GOLDMAN SACHS: SHS - GS VINTAGE IV OFF HOLDINGS LP	AT COST	235,500	569,516
SCHWAB 5044: 29928.858 SHS - PIMCO TOT RET FD	AT COST	356,074	345,406

- TIN:

TY 2014 OtherExpensesSchedule

Name:

THE BURKE FAMILY FOUNDATION

EIN: 22-3341317

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
REGISTRATION FEE	60	0	60
ADR PASS THRU FEE	60	60	0
FILING FEES	250	0	250

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

THE BURKE FAMILY FOUNDATION

EIN: 22-3341317

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY	12,341	12,341		0
INVESTMENT ADVISORY	19,692	19,692		0

- TIN:

TY 2014 TaxesSchedule

Name:

THE BURKE FAMILY FOUNDATION

EIN: 22-3341317

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX PAID	1,438	1,438		0
FOREIGN TAX WITHHELD THROUGH GS VINTAGE FUND IV, LP	716	716		0