Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE SK WELLMAN FOUNDATION
 
% LAURENCE BARTELL
Number and street (or P.O. box number if mail is not delivered to street address)1801 EAST 9TH STREETSuite 920Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLEVELAND, OH44114
A Employer identification number

34-6520032
B Telephone number (see instructions)

(216) 621-1180
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$4,629,412J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule).............. 0
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 108,969 108,969 108,969
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 476,368
b Gross sales price for all assets on line 6a 3,585,372
7 Capital gain net income (from Part IV, line 2)... 476,368
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........ 585,337 585,337 108,969
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,000      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 24,300 22,150 0 22,150
c Other professional fees (attach schedule).... Click to see attachment 34,232 17,116   17,116
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,541     1,541
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 200     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 120,273 39,266 0 41,007
25 Contributions, gifts, grants paid........ 268,500 268,500
26 Total expenses and disbursements. Add lines 24 and 25 388,773 39,266 0 309,507
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 196,564
b Net investment income (if negative, enter -0-) 546,071
c Adjusted net income (if negative, enter -0-)... 108,969
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.......... 42,621 45,729 45,729
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)........ 2,317,820 Click to see attachment2,726,653 3,462,515
c Investments—corporate bonds (attach schedule)........ 1,328,111 Click to see attachment1,112,734 1,121,168
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,688,552 3,885,116 4,629,412
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 3,688,552 3,885,116
30 Total net assets or fund balances (see instructions)...... 3,688,552 3,885,116
31 Total liabilities and net assets/fund balances (see instructions).. 3,688,552 3,885,116
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 3,688,552
2 Enter amount from Part I, line 27a..................... 2 196,564
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 3,885,116
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 3,885,116
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 KEYBANK - LTCG DIVIDENDS P 2013-01-01 2014-12-31
b KEYBANK SALES P    
c KEYBANK SALES P    
d KEYBANK SALES P    
e KEYBANK SALES P    
KEYBANK SALES P    
KEYBANK SALES P    
KEYBANK SALES P    
KEYBANK SALES P    
KEYBANK SETTLEMENTS P    
(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 29,942   0 29,942
b 1,332,417   1,082,585 249,832
c 316,725   314,702 2,023
d 108,987   101,383 7,604
e 585,455   492,112 93,343
113,637   113,910 -273
525,359   456,142 69,217
333,513   319,225 14,288
239,283   228,945 10,338
54   0 54
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       29,942
b       249,832
c       2,023
d       7,604
e       93,343
      -273
      69,217
      14,288
      10,338
      54
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 2 476,368
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 546,938 4,644,369 0.117764
2012 540,178 4,704,168 0.11483
2011 607,882 5,218,429 0.116488
2010 538,702 5,312,390 0.101405
2009 480,072 4,968,337 0.096626
2 Total of line 1, column (d) ...................... 2 0.547113
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 0.109423
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 4,654,103
5 Multiply line 4 by line 3....................... 5 509,266
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,461
7 Add lines 5 and 6......................... 7 514,727
8 Enter qualifying distributions from Part XII, line 4.............. 8 309,507
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 10,921
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 10,921
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,921
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 2,000
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 2,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 8,921
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
    bulletOH
    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
     
    No
    Website addressbullet  
    14
    The books are in care ofbulletLAURENCE BARTELL Telephone no.bullet (216) 621-1180
    Located atbullet1801 EAST 9TH STREET 920CLEVELANDOH ZIP+4bullet44114
    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
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    EMILY ZEIDERS TRUSTEE
    0     		2,000    
    206 THIRD STREET
    BOILING SPRINGS,PA17007
    JOSHUA K PRYOR TRUSTEE
    0     		2,000    
    1129 FOLSOM STREET
    SAN FRANCISCO,CA94103
    ETHEL PEARSON SECRETARY
    0     		18,000    
    PO BOX 32554
    EUCLID,OH44132
    SUZANNE W ERIKSON TRUSTEE
    0     		2,000    
    2972 FULLER MOUNTAIN RD
    NORTH FERRISBURGH,VT05473
    LAURENCE A BARTELL TRUSTEE
    4.0     		36,000    
    1801 EAST NINTH STREET 920
    CLEVELAND,OH44114
    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 THE FOUNDATION'S CHARITABLE ACTIVITY IS TO PROVIDE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. DURING 2014 THE FOUNDATION MADE GRANTS TO 73 ORGANIZATIONS. 268,500
    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 NOT APPLICABLE  
    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
    4,672,121
    b
    Average of monthly cash balances.......................
    1b
    52,857
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,724,978
    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
    4,724,978
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    70,875
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,654,103
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    232,705
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    232,705
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    10,921
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,921
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    221,784
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    221,784
    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
    221,784
    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
    309,507
    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
    309,507
    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
    309,507
    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 7 221,784
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 2011, 2010 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 232,679
    b From 2010....... 276,048
    c From 2011....... 355,617
    d From 2012....... 309,244
    e From 2013....... 318,328
    fTotal of lines 3a through e......... 1,491,916
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 309,507
    a Applied to 2013, but not more than line 2a 0
    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..... 221,784
    e Remaining amount distributed out of corpus 87,723
    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 1,579,639
    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......     		 
    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) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		232,679
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		1,346,960
    10 Analysis of line 9:
    a Excess from 2010.... 276,048
    b Excess from 2011.... 355,617
    c Excess from 2012.... 309,244
    d Excess from 2013.... 318,328
    e Excess from 2014.... 87,723
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAURENCE A BARTELL
    1801 EAST 9TH STREET 920
    CLEVELAND,OH44114
    (216) 621-1180
    bThe form in which applications should be submitted and information and materials they should include:
    NONE REQUIRED
    cAny submission deadlines:
    DECEMBER 31
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE LIMITED TO PUBLIC CHARITIES FOR EDUCATIONAL OR CHARITABLE PURPOSES.
    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
    ACHIEVEMENT CENTERS FOR CHILDREN
    4255 NORTHFIELD
    HIGHLAND HILLS,OH44128     		NONE PC EDUCATIONAL SERVICES TO NEEDY CHILDREN 4,000
    ALZHEIMERS ASSOCIATION
    23215 COMMERCE PARK DRIVE
    BEACHWOOD,OH44122     		NONE PC MEDICAL RESEARCH 1,000
    AMERICAN HEART ASSOCIATION
    1689 EAST 115TH ST
    CLEVELAND,OH44106     		NONE PC MEDICAL RESEARCH 10,000
    AMERICAN RED CROSS
    3747 EUCLID AVE
    CLEVELAND,OH44115     		NONE PC AID TO NEEDY 4,000
    ANIMAL PROTECTIVE LEAGUE OF CLEVELAND
    1729 WILLEY AVE
    CLEVELAND,OH44113     		NONE PC ANIMAL CARE SERVICES 5,000
    BELLEFAIRE
    22001 FAIRMOUNT BLVD
    CLEVELAND HTS,OH44118     		NONE PC AID TO NEEDY 8,000
    CLEVELAND MUSEUM OF ART
    1150 EAST BLVD
    CLEVELAND,OH44106     		NONE PC ART PRESERVATION 6,000
    CLEVELAND RAPE CRISIS CENTER
    1370 ONTARIO STREET
    CLEVELAND,OH44115     		NONE PC SUPPORT FOR ABUSED WOMEN 5,000
    BOYS & GIRLS CLUBS
    6114 BROADWAY AVE
    CLEVELAND,OH44127     		NONE PC AID TO NEEDY CHILDREN 4,000
    CAMP HO MITA CODA
    3601 SOUTH GREEN ROAD 100
    CLEVELAND,OH44122     		NONE PC AID TO NEEDY CHILDREN 3,000
    CITY YEAR CLEVELAND
    820 PROSPECT AVE EAST
    CLEVELAND,OH44115     		NONE PC YOUTH RACIAL DIVERSITY 2,000
    CENTRAL SCHOOL OF PRACTICAL NURSING
    4600 CARNEGIE AVE
    CLEVELAND,OH44103     		NONE PC SCHOLARSHIP SUPPORT 5,000
    GREATER CLEVELAND VOLUNTEERS
    4415 EUCLID AVE
    CLEVELAND,OH44103     		NONE PC MEDICAL RESEARCH 2,000
    CLEVELAND BOTANICAL GARDEN
    11030 EAST BLVD
    CLEVELAND,OH44106     		NONE PC EDUCATIONAL PROGRAMS 3,000
    NEW AVENUES TO IDEPENDENCE
    17608 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC AID TO DISABLED INDIVIDUALS 2,000
    CLEVELAND FOODBANK
    15500 SOUTH WATERLOO RD
    CLEVELAND,OH44194     		NONE PC FOOD FOR NEEDY 10,000
    CLEVELAND HEARING AND SPEECH CENTER
    11635 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC EDUCATIONAL PROGRAMS 1,000
    CLEVELAND INSTITUTE OF ART
    11141 EAST BLVD
    CLEVELAND,OH44106     		NONE PC SCHOLARSHIP 3,000
    CLEVELAND INSTITUTE OF MUSIC
    11021 EAST BLVD
    CLEVELAND,OH44106     		NONE PC SCHOLARSHIP 3,000
    RECOVERY RESOURCES
    2900 DETROIT AVE
    AKRON,OH44113     		NONE PC ADDICTION COUNSELING 5,000
    CLEVELAND MUSEUM OF NATURAL HISTORY
    ONE WADE OVAL DRIVE
    CLEVELAND,OH44106     		NONE PC HISTORICAL PRESERVATION 3,500
    CLEVELAND MUSIC SCHOOL SETTLEMENT
    11025 MAGNOLIA DRIVE
    CLEVELAND,OH44106     		NONE PC SCHOLARSHIP 1,000
    CLEVELAND ORCHESTRA
    11001 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC PREFORMING ARTS 4,000
    CLEVELAND PLAYHOUSE
    8500 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC PERFORMING ARTS 3,000
    BOYS HOPE GIRLS HOPE
    9619 GARFIELD BLVD
    CLEVELAND,OH44125     		NONE PC AID TO NEEDY CHILDREN 1,000
    CLEVELAND SIGHT CENTER
    1909 EAST 101 ST
    CLEVELAND,OH44106     		NONE PC AID TO THE BLIND 3,000
    ARTHRITIS FOUNDATION
    4630 RICHMOND ROAD
    CLEVELAND,OH44128     		NONE PC MEDICAL RESEARCH 1,000
    CLEVELAND KIDS IN NEED
    3631 PERKINS AVE
    CLEVELAND,OH44114     		NONE PC AID TO NEEDY 4,000
    CLEVELAND ZOOLOGICAL SOCIETY
    3900 WILDLIFE WAY
    CLEVELAND,OH44109     		NONE PC EDUCATIONAL PROGRAMS 1,000
    CORNUCOPIA
    18120 SLOANE AVE
    LAKEWOOD,OH44107     		NONE PC AID TO NEEDY 3,000
    SUICIDE PREVENTION EDUCATION ALLIANCE
    29425 CHAGRIN BLVD 306
    CLEVELAND,OH44122     		NONE PC EDUCATIONAL PROGRAMS 3,000
    ELIZA BRYANT CENTER
    7201 WADE PARK AVE
    CLEVELAND,OH44103     		NONE PC AID TO NEEDY 3,000
    NOTRE DAME COLLEGE
    455 COLLEGE ROAD
    SOUTH EUCLID,OH44121     		NONE PC SCHOLARSHIP 1,000
    FRANCES PAYNE BOLTON SCHOOL OF NURSING
    10900 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC SCHOLARSHIP 1,000
    FREE MEDICAL CLINIC
    12201 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC MEDICAL CARE TO NEEDY 12,000
    PET ORPHANS OF SOUTHERN CALIFORNIA
    7720 GLORIA AVE
    VAN NUYS,CA91406     		NONE PC CARE AND PLACEMENT OF ABANDONED PETS 12,000
    GREAT LAKES SCIENCE MUSEUM
    601 ERIESIDE AVE
    CLEVELAND,OH44114     		NONE PC HISTORICAL PRESERVATION 3,000
    ST MALACHI CENTER
    2416 SUPERIOR AVE
    CLEVELAND,OH44114     		NONE PC AID TO NEEDY 2,000
    HIRAM HOUSE
    33775 HIRAM TRAIL
    CHAGRIN FALLS,OH44022     		NONE PC SHELTER FOR NEEDY 3,000
    HOLDEN ARBORETUM
    9500 SPERRY RD
    KIRTLAND,OH44094     		NONE PC LAND PRESERVATION 1,000
    CLEVELAND CHILDREN'S MUSEUM
    10730 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC EDUCATIONAL PROGRAMS 1,000
    MALACHI HOUSE
    2810 CLINTON AVE
    CLEVELAND,OH44103     		NONE PC AID TO NEEDY 1,000
    RESCUE VILLAGE
    PO BOX 116
    NOVELTY,OH440720116     		NONE PC AID TO NEEDY 3,000
    UNIVERSITY CIRCLE
    11330 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC COMMUNITY OUTREACH 1,000
    COLLEGE NOW
    50 PUBLIC SQUARE
    CLEVELAND,OH44113     		NONE PC EDUCATIONAL SUPPORT 6,000
    CUYAHOGA COMMUNITY COLLEGE
    700 CARNEGIE AVE
    CLEVELAND,OH44115     		NONE PC SCHOLARSHIPS 3,000
    PLANNED PARENTHOOD
    206 EAST STATE ST
    COLUMBUS,OH43215     		NONE PC EDUCATIONAL PROGRAMS 1,000
    CLEVELAND POLICE ATHLETIC LEAGUE
    1300 ONTARIO ST
    CLEVELAND,OH44113     		NONE PC POLICE AID TO CHILDREN 1,000
    RAINBOW BABIES & CHILDREN'S HOSPITAL
    11100 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC MEDICAL RESEARCH 10,000
    SALVATION ARMY OF CLEVELAND
    2507 EAST 22ND STREET
    CLEVELAND,OH44115     		NONE PC AID TO NEEDY 13,000
    LIVING MIRACLES
    1502 WEST 117TH ST
    CLEVELAND,OH44107     		NONE PC ANIMAL CARE 1,000
    THERAPEUTIC RIDING CENTER
    16497 SNYDER RD
    CHAGRIN FALLS,OH44023     		NONE PC RIDING THERAPY 8,000
    UNITED CEREBRAL PALSY
    10011 EUCLID AVE
    CLEVELAND,OH44106     		NONE PC MEDICAL RESEARCH 3,000
    VISITING NURSE ASSOCIATION
    2500 EAST 22ND ST
    CLEVELAND,OH44115     		NONE PC AID TO NEEDY 8,000
    VOCATIONAL GUIDANCE SERVICES
    2239 EAST 55TH ST
    CLEVELAND,OH44103     		NONE PC EDUCATIONAL SUPPORT 3,000
    VOLUNTEERS OF AMERICA
    8225 BRECKSVILLE RD
    CLEVELAND,OH44141     		NONE PC AID TO NEEDY 5,000
    CLEVELAND METROPARKS
    4101 FULTON PARKWAY
    CLEVELAND,OH44140     		NONE PC AID TO MOUNTED POLICE 4,000
    DOMESTIC VIOLENCE CENTER
    PO BOX 5466
    CLEVELAND,OH44101     		NONE PC AID TO ABUSED WOMEN 5,000
    THE GATHERING PLACE
    23300 COMMERCE PARK DRIVE
    CLEVELAND,OH44122     		NONE PC AID TO CANCER VICTIMS 1,000
    HALE FARM & VILLAGE
    10825 EAST BLVD
    CLEVELAND,OH44106     		NONE PC HISTORICAL PRESERVATION 2,000
    HATTIE LARLHAM FOUNDATION
    7996 DARROW ROAD
    TWINSBURG,OH44087     		NONE PC EDUCATIONAL SUPPORT 3,000
    HOSPICE OF THE WESTERN RESERVE
    300 EAST 185TH STREET
    CLEVELAND,OH44119     		NONE PC AID TO THE DYING 6,000
    CUYAHOGA VALLEY SOIL & CONSERVATION DISTRICT
    6100 WEST CANAL RD
    VALLEY VIEW,OH44125     		NONE PC HISTORICAL PRESERVATION 1,000
    FRIENDS OF THE CLEVELAND SCHOOL OF THE ARTS
    PO BOX 18265
    CLEVELAND,OH44118     		NONE PC EDUCATIONAL SUPPORT 3,000
    YOUTH OPPORTUNITIES UNLIMITED
    1361 EUCLID AVE
    CLEVELAND,OH44115     		NONE PC AID TO NEEDY CHILDREN 3,000
    PROVIDENCE HOUSE
    2037 WEST 32ND STREET
    CLEVELAND,OH44113     		NONE PC AID TO NEEDY 5,000
    WVIZIDEASTREAM
    1375 EUCLID AVE
    CLEVELAND,OH44115     		NONE PC PUBLIC TV SUPPORT 3,000
    YMCA OF GREATER CLEVELAND
    2200 PROSPECT AVE
    CLEVELAND,OH44115     		NONE PC AID TO NEEDY 1,000
    ESPERANZA
    3104 WEST 25TH STREET
    CLEVELAND,OH44109     		NONE PC CULTURAL DIVERSITY 1,000
    THE FISHING FOUNDATION
    129 THE MALL
    BEREA,OH44017     		NONE PC CONSERVATION 2,000
    LUTHERAN METROPOLITAN MINISTRY
    4515 SUPERIOR AVE
    CLEVELAND,OH44103     		NONE PC RELIGIOUS SUPPORT 5,000
    MEDWORKS
    19910 MALVERN ROAD
    SHAKER HTS,OH44122     		NONE PC MEDICAL AID TO POOR 3,000
    ST MARTIN DE PORRES HIGH SCHOOL
    6111 LAUSCHE AVE
    CLEVELAND,OH44103     		NONE PC EDUCATIONAL SUPPORT 1,000
    Total .................................bullet 3a 268,500
    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    
    4 Dividends and interest from securities....     18 108,969  
    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 .............     		    18 476,368  
    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)..   585,337  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13585,337
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN: 34-6520032
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 24,300 22,150   22,150

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

    TY 2014 DepreciationSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN: 34-6520032
    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 InvestmentsCorpBondsSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN: 34-6520032
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PIMCO TOTAL RETURN FUND 0 0
    OPPENHEIMER FLOATING RATE FUND 0 0
    TEMPLETON TOTAL BOND FUND 144,504 137,043
    ISHARES BARCLAYS BOND FUND 0 0
    ISHARES IBOXX BOND FUND 16,862 17,912
    ISHARES BARCLAYS MBS BOND FUND 0 0
    ISHARES 3-7 TREASURY BOND FUND 0 0
    ISHARES 10 TREASURY BOND FUND 0 0
    ISHARES 10+ CREDIT BOND FUND 0 0
    JOHN HANCOCK OPEN-END FUND 91,222 92,614
    ISHARES S&P/CITIGROUP 0 0
    AETNA BOND 50,544 50,313
    AMERICAN EXPRESS BOND 50,467 50,218
    AUTOZONE BOND 53,180 53,051
    CAPITOL ONE BOND 50,023 49,756
    DUKE ENERGY BOND 50,226 50,239
    JP MORGAN BOND 49,642 50,057
    PRAXAIR BOND 49,034 48,846
    VERIZON BOND 51,507 51,102
    RIDGEWORTH HIGH INCOME FUND 141,742 136,642
    AQR QGD FUTURES STRATEGY FUND 47,674 52,703
    GOTHAM ABSOLUTE RETURN FUND 220,080 234,918
    JP MORGAN STRATEGIC INC FUND 46,027 45,754

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN: 34-6520032
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WESTERN ASSET MACRO FUND 47,829 45,554
    3M COMPANY 26,369 28,756
    CONOCOPHILLIPS 31,502 34,530
    NEUBERGER BERMAN EM FUND 151,626 145,323
    ACCENTURE PLC 16,665 26,793
    ISHARES RUSSELL 2000 FUND 49,729 128,592
    XL GROUP 0 0
    AMEREN CORP 17,591 19,605
    ISHARES MSCI EAFE FUND 51,016 60,840
    ISHARES RUSSELL MIDCAP FUND 177,017 405,072
    LKCM SMALL EQUITY FUND 0 0
    VANGUARD EMERGING MARKETS FUND 0 0
    KRAFT FOODS 15,686 25,064
    JOHN HANCOCK III DISC FUND 59,934 98,682
    HARBOR INTERNATIONAL FUND 381,794 373,647
    WALT DISNEY 7,969 30,612
    APPLE, INC. 14,503 60,709
    JP MORGAN CHASE 15,666 29,725
    METLIFE 19,660 24,341
    PRINCETON FUTURE FUND 0 0
    ASTON/FAIRPOINTE MIDCAP FUND 197,603 203,270
    THERMO FISHER 12,466 31,323
    CHEVRON 0 0
    AT&T 13,810 15,116
    VERIZON 15,012 18,712
    ORACLE 10,285 22,485
    CINCINNATI FINANCIAL 18,568 23,324
    ENERGEN 12,837 17,534
    AMAZON 0 0
    DODGE & COX INTERNATIONAL FUND 492,002 488,568
    AMERICAN WATERWORKS 0 0
    CAPITOL ONE FINANCIAL 24,854 28,893
    COCA COLA 19,638 26,387
    CMS ENERGY 13,324 17,375
    INTEL 24,166 30,847
    JOHNSON & JOHNSON 21,442 31,371
    MICROSOFT 27,764 35,999
    CME GROUP 14,542 15,514
    PFIZER 16,545 23,362
    PHILLIPS 66 8,815 19,717
    PRAXAIR 0 0
    COMCAST CORP 35,023 37,706
    CONCHO RESOURCES 11,616 9,975
    DANAHER CORP 30,072 34,284
    GOOGLE 18,630 23,837
    REPUBLIC SERVICES 18,474 24,150
    DIAMONDBACK ENERGY 17,043 14,945
    CELGENE CORP 8,042 33,558
    COSTCO WHOLESALE 12,662 21,262
    DISCOVER FINANCIAL 14,547 14,735
    STARBUCKS 14,905 20,513
    EMC CORP 20,310 22,305
    UPS 19,922 27,793
    ENERGIZER HOLDINGS 20,532 25,712
    UNITED TECHNOLOGIES 14,109 34,500
    EXXON MOBIL CORP 21,272 20,801
    FREEPORT-MCMORAN 8,839 7,008
    MCCORMICK 0 0
    MCDONALDS 17,966 18,740
    MCKESSON CORP 11,901 31,137
    GILEAD SCIENCES 28,269 32,991
    NIKE 9,238 19,230
    NOVARTIS 0 0
    OCCIDENTAL PETROLEUM 0 0
    T ROWE PRICE 9,529 17,172
    PRICELINE 5,303 11,402
    PROCTER & GAMBLE 21,081 29,604
    QUALCOMM 18,998 26,015
    HALLIBURTON CO 14,433 11,799
    HENRY SCHEIN 13,836 27,230
    HOME DEPOT 9,809 13,121
    IBM 17,661 16,044
    JOY GLOBAL 7,954 6,978
    LYDONDELLBASELL INDUSTRIES 15,394 15,878
    MASTERCARD 23,619 25,848
    MEMORIAL RESOURCE 13,680 10,367
    MEREK & CO 21,168 22,716
    MICHAEL KORS HOLDINGS 16,612 16,898
    MORGAN STANLEY 30,020 38,800
    PHILIP MORRIS 19,429 18,326
    ROCKWOOD HOLDINGS 17,608 17,730
    SEMPRA ENERGY 18,965 19,488
    WELLS FARGO 27,708 32,892
    ZIONS BANCORP 22,245 21,383

    TY 2014 OtherAssetsSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN: 34-6520032
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 0    


    TY 2014 OtherExpensesSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN: 34-6520032
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OHIO FEE 200     200


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN: 34-6520032
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK TRUSTEE/CUSTODIAL FEES 34,232 17,116   17,116


    TY 2014 TaxesSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN: 34-6520032
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 1,541     1,541