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
AMES FAMILY FOUNDATION CO PNC BANK NA -

Number and street (or P.O. box number if mail is not delivered to street address)1600 MARKET ST - HAWTHORN 29TH FL Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA191037240

A Employer identification number

45-6586111

B Telephone number (see instructions)

(215) 585-4419

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

$3,732,306J 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	(c) Adjusted net 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
4	Dividends and interest from securities......	112,881		112,881
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		175,999
b	Gross sales price for all assets on line 6a 810,959
7	Capital gain net income (from Part IV, line 2)...			175,999
8	Net short-term capital gain.........				0
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).......		45,376	3,015
12	Total. Add lines 1 through 11........	334,256		291,895
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		1,540	0	0	1,540
c	Other professional fees (attach schedule)....		16,419	16,419		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		1,202	952		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		456	206		250
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	19,617		17,577	0	1,790
25	Contributions, gifts, grants paid........	222,200				222,200
26	Total expenses and disbursements. Add lines 24 and 25	241,817		17,577	0	223,990
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	92,439
b	Net investment income (if negative, enter -0-)			274,318
c	Adjusted net income (if negative, enter -0-)...				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..........	90,809	124,043	124,043
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	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)........	478,065	414,453	643,031
	c	Investments—corporate bonds (attach schedule)........	380,483	380,483	443,176
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,630,878	1,850,469	2,522,056
	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)	2,580,235	2,769,448	3,732,306
	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
		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.........	2,580,235	2,769,448
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions)......	2,580,235	2,769,448
	31	Total liabilities and net assets/fund balances (see instructions)..	2,580,235	2,769,448

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	2,580,235
2	Enter amount from Part I, line 27a.....................	2	92,439
3	Other increases not included in line 2 (itemize)	3	96,774
4	Add lines 1, 2, and 3..........................	4	2,769,448
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	2,769,448

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	40. ICAP PLC SPON ADR		2013-09-03	2014-01-02
b	40. PORSCHE AUTOMOBIL HOLDING SE ADR ISIN US73328P1066		2013-09-03	2014-01-02
c	110. TAIWAN SEMICONDUCTOR MTG CO ADR		2013-11-15	2014-01-08
d	820. BOMBARDIER CL B ISIN CA0977512007 SEDOL 2109723			2014-01-17
e	690. BOMBARDIER CL B ISIN CA0977512007 SEDOL 2109723			2014-01-22
	30. HITACHI LTD ADR 10 COMMON			2014-01-30
	230. TESCO PLC SPON ADR		2013-09-03	2014-01-30
	242. SONY FINANCIAL HOLD UNS ADR		2013-09-03	2014-02-07
	110. ACCOR SA UNSPON ADR		2013-09-03	2014-02-10
	70. BANCO BILBAO VIZCAYA ARGENTARIA S A		2013-09-03	2014-02-10
	20. CAPGEMINI SA UNSPON ADR		2013-09-03	2014-02-10
	30. DEUTSCHE BOERSE AG UNSPN ADR		2013-09-03	2014-02-10
	5. GEA GROUP AG SPON ADR		2013-09-03	2014-02-10
	25. NIPPON TELEG & TEL CORP SPONSORED ADR			2014-02-10
	4. NOVARTIS AG SPONSORED ADR		2013-09-03	2014-02-12
	6. CHECK POINT SOFTWARE COM		2013-09-03	2014-02-12
	1500. ALTRIA GROUP INC		2012-12-19	2014-02-24
	7000. ENBRIDGE ENERGY PARTNERS LP		2008-10-10	2014-02-24
	110. AISIN SEIKI CO LTD ADR		2013-11-18	2014-02-25
	32. VERIZON COMMUNICATIONS COM		2014-02-24	2014-02-25
	272. ASAHI CHEM INDUS UNSPON ADR		2013-09-03	2014-02-27
	.875 VERIZON COMMUNICATIONS COM		2014-02-24	2014-02-28
	.181 VODAFONE GROUP PLC-SP ADR ADR SEDOL B59DQN9		2013-09-03	2014-02-28
	80. DBS GROUP HLDGS LTD SPONSORED ADR		2013-09-03	2014-03-04
	14. MITSUI & CO LTD ADR		2013-09-03	2014-03-04
	180. KOMATSU LTD SPON ADR		2013-09-03	2014-03-20
	55. ADR IPSEN S.A. SPONSORED ADR			2014-04-09
	25. KAO CORP ADS ADR			2014-04-09
	40. TAIWAN SEMICONDUCTOR MTG CO ADR			2014-04-09
	60. SAP SE SPONSORED ADR			2014-04-22
	90. CAPGEMINI SA UNSPON ADR		2013-09-03	2014-04-29
	6. SCHLUMBERGER LTD COM		2013-09-03	2014-04-29
	4. TAIWAN SEMICONDUCTOR MTG CO ADR		2013-09-03	2014-04-29
	10. CAPGEMINI SA UNSPON ADR		2013-09-03	2014-04-30
	5000. ANNALY CAPITAL MGMT INC		2012-12-19	2014-05-08
	20. CAPGEMINI SA UNSPON ADR		2013-09-03	2014-05-09
	100. TECHNIP SA ADR		2013-09-03	2014-05-27
	80. TECHNIP SA ADR			2014-05-28
	20. ICAP PLC SPON ADR		2013-09-03	2014-05-29
	70. ICAP PLC SPON ADR		2013-09-03	2014-05-30
	20. NIPPON TELEG & TEL CORP SPONSORED ADR		2013-12-11	2014-05-30
	1000. ENTERPRISE PRODS PARTNERS L P COM UNIT		2009-02-27	2014-06-02
	30. NIPPON TELEG & TEL CORP SPONSORED ADR			2014-06-02
	10. ICAP PLC SPON ADR		2013-09-03	2014-06-05
	10. NIPPON TELEG & TEL CORP SPONSORED ADR		2013-09-03	2014-06-05
	204. ICAP PLC SPON ADR		2013-09-03	2014-06-06
	25. NIPPON TELEG & TEL CORP SPONSORED ADR		2013-09-03	2014-06-06
	.342 KONINKLIJKE PHILLIPS NV SPON ADR		2013-09-03	2014-06-12
	5. NOVARTIS AG SPONSORED ADR		2013-09-03	2014-06-18
	30. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2013-09-03	2014-06-18
	5. DAIMLER AG ORD ISIN DE007100000 SEDOL 5529027		2013-09-03	2014-06-18
	8306.948 TOUCHSTONE SANDS CAPITAL SELECT GROWTH FD CLASS Y			2014-07-08
	500. PORTUGAL TELECOM SGPS SA SPONSORED ADR			2014-07-10
	565. PORTUGAL TELECOM SGPS SA SPONSORED ADR			2014-07-11
	30. AMERICA MOVIL S A B DE C V SPON ADR L SHS		2013-09-03	2014-07-16
	14. NIPPON TELEG & TEL CORP SPONSORED ADR		2013-09-03	2014-07-25
	14. SEVEN & I HOLDINGS UNSPN ADR		2014-03-05	2014-07-25
	100. BANCO BILBAO VIZCAYA ARGENTARIA S A			2014-07-30
	30. BANCO BILBAO VIZCAYA ARGENTARIA S A		2014-03-05	2014-07-31
	119. KAO CORP ADS ADR		2013-09-03	2014-07-31
	80. BANCO BILBAO VIZCAYA ARGENTARIA S A			2014-08-01
	27. ADR IPSEN S.A. SPONSORED ADR			2014-08-08
	10. ADR IPSEN S.A. SPONSORED ADR		2013-12-04	2014-08-11
	5. ADR IPSEN S.A. SPONSORED ADR		2013-12-04	2014-08-12
	15. ADR IPSEN S.A. SPONSORED ADR			2014-08-13
	15. ADR IPSEN S.A. SPONSORED ADR		2013-11-15	2014-08-14
	100. ADR IPSEN S.A. SPONSORED ADR			2014-08-15
	5. CHECK POINT SOFTWARE COM		2013-09-03	2014-08-19
	50. ADR IPSEN S.A. SPONSORED ADR			2014-08-20
	45. SUNTORY BEVERAGE & FOOD-UA ADR SEDOL BF7BYQ4		2014-02-13	2014-08-20
	70. BAE SYSYTEMS PLC SPONSORED ADR		2014-01-30	2014-08-22
	80. BAE SYSYTEMS PLC SPONSORED ADR		2014-01-30	2014-08-26
	70. ADR IPSEN S.A. SPONSORED ADR			2014-09-04
	26. ADR IPSEN S.A. SPONSORED ADR		2013-10-29	2014-09-05
	95. TRANSOCEAN LTD SEDOL B3KFWW1		2014-05-27	2014-09-16
	5. TRANSOCEAN LTD SEDOL B3KFWW1		2014-05-27	2014-09-17
	60. OTSUKA HOLDINGS LTD ADR SEDOL B76XH88		2014-01-09	2014-09-29
	15. AMERICA MOVIL S A B DE C V SPON ADR L SHS		2013-09-03	2014-10-16
	30. SONY CORP AMERICAN SHARE NEW SPONSORED ADR		2014-03-21	2014-10-16
	10. LVMH MOET HENNESSY LOUIS ADR		2013-12-30	2014-10-27
	112. LVMH MOET HENNESSY LOUIS ADR		2013-09-03	2014-10-27
	40. SONY CORP AMERICAN SHARE NEW SPONSORED ADR		2014-03-21	2014-11-04
	5. CHECK POINT SOFTWARE COM		2013-09-03	2014-11-10
	12. TORAY INDUSTRIES - ADR ISIN US8908802064		2013-11-19	2014-11-25
	1500. PHILIP MORRIS INTERNAT-W/I		2012-12-19	2014-11-26
	20. SCHLUMBERGER LTD COM		2013-09-03	2014-11-28
	22. SCHLUMBERGER LTD COM		2013-09-03	2014-12-01
	30. SONY CORP AMERICAN SHARE NEW SPONSORED ADR		2014-03-21	2014-12-01
	20. SONY CORP AMERICAN SHARE NEW SPONSORED ADR		2014-03-24	2014-12-01
	10. SONY CORP AMERICAN SHARE NEW SPONSORED ADR			2014-12-01
	20. SONY CORP AMERICAN SHARE NEW SPONSORED ADR		2014-02-07	2014-12-01
	5. SONY CORP AMERICAN SHARE NEW SPONSORED ADR		2014-02-07	2014-12-02
	20. SONY CORP AMERICAN SHARE NEW SPONSORED ADR		2014-02-07	2014-12-03
	10. SONY CORP AMERICAN SHARE NEW SPONSORED ADR		2014-02-07	2014-12-04
	15. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-09-26	2014-12-08
	15. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2013-09-03	2014-12-08
	35. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2013-09-03	2014-12-09
	15. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2013-09-03	2014-12-11
	14. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-03-26	2014-12-12
	21. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2013-09-03	2014-12-12
	30. VODAFONE GROUP PLC-SP ADR ADR SEDOL B59DQN9		2013-09-03	2014-12-19
	1. ENTERPRISE PRODS PARTNERS L P COM UNIT		2009-02-27	2014-12-31
	CAPITAL GAIN 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	578	469	109
b	404	337	67
c	1,879	1,951	-72
d	3,095	3,684	-589
e	2,381	3,182	-801
	2,310	1,875	435
	3,666	4,005	-339
	3,917	4,009	-92
	1,081	828	253
	841	687	154
	715	551	164
	233	213	20
	223	206	17
	679	644	35
	327	299	28
	390	339	51
	53,062	22,120	30,942
	187,042	208,765	-21,723
	3,823	4,416	-593
	1,480	1,495	-15
	3,863	4,008	-145
	42	41	1
	8	11	-3
	4,104	4,026	78
	4,296	3,910	386
	3,546	4,026	-480
	555	648	-93
	893	744	149
	801	689	112
	4,794	4,334	460
	3,204	2,480	724
	617	494	123
	81	67	14
	353	276	77
	57,333	73,166	-15,833
	689	551	138
	2,696	2,939	-243
	2,132	2,175	-43
	265	235	30
	928	821	107
	594	512	82
	75,618	33,868	41,750
	902	768	134
	130	117	13
	303	256	47
	2,723	2,392	331
	750	639	111
	11	11
	449	373	76
	1,278	1,030	248
	473	347	126
	148,861	150,000	-1,139
	1,251	2,238	-987
	1,408	2,384	-976
	717	577	140
	464	358	106
	1,204	1,077	127
	1,279	1,270	9
	371	379	-8
	4,928	3,534	1,394
	975	978	-3
	293	315	-22
	107	116	-9
	53	58	-5
	161	172	-11
	161	171	-10
	1,068	1,132	-64
	337	283	54
	544	554	-10
	852	756	96
	2,049	2,014	35
	2,342	2,301	41
	807	771	36
	307	284	23
	3,379	4,108	-729
	177	216	-39
	1,037	898	139
	357	289	68
	507	533	-26
	326	367	-41
	3,655	4,000	-345
	800	711	89
	373	283	90
	942	817	125
	129,948	33,826	96,122
	1,696	1,648	48
	1,856	1,812	44
	665	533	132
	443	354	89
	222	168	54
	443	334	109
	110	84	26
	439	334	105
	220	167	53
	443	552	-109
	443	515	-72
	1,044	1,202	-158
	427	515	-88
	393	463	-70
	590	721	-131
	1,057	1,759	-702
	6,964		6,964
			38,907

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			109
b			67
c			-72
d			-589
e			-801
			435
			-339
			-92
			253
			154
			164
			20
			17
			35
			28
			51
			30,942
			-21,723
			-593
			-15
			-145
			1
			-3
			78
			386
			-480
			-93
			149
			112
			460
			724
			123
			14
			77
			-15,833
			138
			-243
			-43
			30
			107
			82
			41,750
			134
			13
			47
			331
			111

			76
			248
			126
			-1,139
			-987
			-976
			140
			106
			127
			9
			-8
			1,394
			-3
			-22
			-9
			-5
			-11
			-10
			-64
			54
			-10
			96
			35
			41
			36
			23
			-729
			-39
			139
			68
			-26
			-41
			-345
			89
			90
			125
			96,122
			48
			44
			132
			89
			54
			109
			26
			105
			53
			-109
			-72
			-158
			-88
			-70
			-131
			-702
			6,964

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	175,999
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	186,513	3,584,499	0.052033
2012	57,375	3,277,864	0.017504
2011
2010
2009	0	0	0.0

2	Total of line 1, column (d) ......................	2	0.069537
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	0.023179
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	3,752,629
5	Multiply line 4 by line 3.......................	5	86,982
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	2,743
7	Add lines 5 and 6.........................	7	89,725
8	Enter qualifying distributions from Part XII, line 4..............	8	223,990
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	2,743
	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	2,743
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	2,743
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	2,840
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,840
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
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	97
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax97	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

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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)

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

The books are in care of bullet

HAWTHORN A PNC COMPANY Telephone no. bullet

(215) 585-4419

Located at bullet

1600 MARKET ST 29TH FLPHILADELPHIAPA ZIP+4 bullet

19103

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
STEVEN AMES	TRUSTEE 0	0
C/O PNC BANK 1600 MARKET ST-HAWTH PHILADELPHIA,PA19103	TRUSTEE 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


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...................

3,809,776

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

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

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

3,809,776

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.........................

3,809,776

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

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

57,147

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

3,752,629

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

187,631

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....................

187,631

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

2,743

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

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

2,743

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

184,888

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

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

184,888

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

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

184,888

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 ..........

223,990

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

223,990

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

2,743

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

221,247

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					184,888
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				67,914
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	0
b From 2010.......	0
c From 2011.......	0
d From 2012.......	0
e From 2013.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 223,990
a Applied to 2013, but not more than line 2a					67,914
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.....					156,076
e Remaining amount distributed out of corpus		0
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		0
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 ..........					28,812
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) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	0

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).)

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
FRIENDS OF THE DEWITT WALLACE INSTITUTE FOR THE HISTORY OF PSYCHIATRY 525 EAST 68TH STREET BOX 140 NEW YORK,NY10065	NONE	PUBLIC CHARITY	IN HONOR OF WILLIAM A	10,000
WHITNEY MUSEUM OF AMERICAN ART SPECIAL EVENTS DEPARTMENT 945 MADISON AVENUE AT 75TH STREET NEW YORK,NY10021	NONE	PUBLIC CHARITY	PATRON'S TABLE	75,000
PARTICIPANT INC 253 EAST HOUSTON STREET NEW YORK,NY10020	NONE	PUBLIC CHARITY	UNRESTRICTED	5,000
RIVERDALE COUNTRY SCHOOL 5250 FIELDSTON ROAD RIVERDALE,NY10471	NONE	PUBLIC CHARITY	UNRESTRICTED	5,000
THE WOUNDED WARRIOR PROJECT PO BOX 75817 TOPEKA,KS66675	NONE	PUBLIC CHARITY	UNRESTRICTED	1,000
THE MUSEUM OF MODERN ART 11 WEST 53RD STREET NEW YORK,NY100195497	NONE	PUBLIC CHARITY	UNRESTRICTED	5,200
MOMENTA ART 56 BOGART STREET BROOKLYN,NY11206	NONE	PUBLIC CHARITY	UNRESTRICTED	2,500
CHILDREN'S CANCER & BLOOD FOUNDATION 333 EAST 38TH STREET SUITE 830 NEW YORK,NY10016	NONE	PUBLIC CHARITY	UNRESTRICTED	1,000
VILLAGE COMMUNITY SCHOOL ADVANCEMENT OFFICE 272-278 WEST 10TH STREET NEW YORK,NY10014	NONE	PUBLIC CHARITY	UNRESTRICTED	5,000
APERTURE FOUNDATION 547 WEST 27TH STREET 4TH FLOOR NEW YORK,NY10001	NONE	PUBLIC CHARITY	UNRESTRICTED	10,000
WHITNEY MUSEUM OF AMERICAN ART 945 MADISON AVENUE NEW YORK,NY10021	NONE	PUBLIC CHARITY	ANNUAL TRUSTEE FUND 2014	50,000
NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY 101 S INDEPENDENCE MALL EAST PHILADELPHIA,PA19106	NONE	PUBLIC CHARITY	CHASING DREAMS DINNER	12,500
CONGREGATION EMANU-EL OF THE CITY OF NEW YORK ONE EAST 65TH STREET NEW YORK,NY10065	NONE	PUBLIC CHARITY	UNRESTRICTED	10,000
THE CARDIOVASCULAR INSTITUTE 5 EAST 98TH STREET NEW YORK,NY10029	NONE	PUBLIC CHARITY	UNRESTRICTED	30,000
Total ................................. 3a				222,200

bApproved for future payment

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

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 ............
4 Dividends and interest from securities....			14	112,881
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	175,999
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aENBRIDGE ENERGY PA			14	3,805
bENERGY TRANSFER PA			14	7,879
cENTERPRISE PRODS P			14	15,710
dPLAINS ALL AMERICA			14	16,575
eFEDERAL TAX REFUND			14	1,407
12 Subtotal. Add columns (b), (d), and (e)..				334,256

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

13334,256

(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: