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
NICHOLAS NEWLIN FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)219 S CHEYNEY ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GLEN MILLS, PA19342
A Employer identification number

23-1600703
B Telephone number (see instructions)

(610) 459-2359
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$15,588,705J 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).............. 99,862
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 365 365  
4 Dividends and interest from securities...... 340,557 340,557  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 989,917
b Gross sales price for all assets on line 6a 3,258,502
7 Capital gain net income (from Part IV, line 2)... 989,917
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 2,550
b Less: Cost of goods sold.... 1,235
c Gross profit or (loss) (attach schedule)..... 1,315 1,315
11 Other income (attach schedule)....... Click to see attachment 107,101 0 107,101
12 Total. Add lines 1 through 11........ 1,539,117 1,330,839 108,416
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 304,360 0 21,439 282,921
15 Pension plans, employee benefits....... 72,527 0 5,109 67,418
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,990 7,990 282 3,718
c Other professional fees (attach schedule).... Click to see attachment 2,748 0 194 2,554
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 21,915 0 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 57,343 0 57,343
20 Occupancy.............. 64,199 0 0 64,199
21 Travel, conferences, and meetings....... 2,289 0 161 2,128
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 114,844 17,830 23,888 73,126
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 652,215 25,820 108,416 496,064
25 Contributions, gifts, grants paid........ 0 0
26 Total expenses and disbursements. Add lines 24 and 25 652,215 25,820 108,416 496,064
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 886,902
b Net investment income (if negative, enter -0-) 1,305,019
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 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............... 78,831 240,263 240,263
2 Savings and temporary cash investments.......... 2,623,253 2,464,139 2,464,139
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............... 18,847 17,738 17,738
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 115,781 Click to see attachment109,234 109,234
b Investments—corporate stock (attach schedule)........ 9,717,316 Click to see attachment9,880,218 9,880,218
c Investments—corporate bonds (attach schedule)........ 63,932 Click to see attachment65,437 65,437
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 859,130 Click to see attachment1,012,960 1,012,960
14 Land, buildings, and equipment: basis bullet3,036,936
Less: accumulated depreciation (attach schedule) bullet1,254,586 1,758,085 Click to see attachment1,782,350 1,782,350
15 Other assets (describe bullet) Click to see attachment16,141 Click to see attachment16,366 Click to see attachment16,366
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,251,316 15,588,705 15,588,705
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) Click to see attachment169,318 Click to see attachment44
23 Total liabilities (add lines 17 through 22).......... 169,318 44
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 15,081,998 15,583,661
25 Temporarily restricted................   5,000
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    
30 Total net assets or fund balances (see instructions)...... 15,081,998 15,588,661
31 Total liabilities and net assets/fund balances (see instructions).. 15,251,316 15,588,705
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 15,081,998
2 Enter amount from Part I, line 27a..................... 2 886,902
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 407,864
4 Add lines 1, 2, and 3.......................... 4 16,376,764
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 788,103
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 15,588,661
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 JMS ACCOUNT 6214-5867 SECURITIES SOLD      
b JMS ACCOUNT 6214-5866 SECURITIES SOLD      
c JMS ACCOUNT 6214-5865 SECURITIES SOLD      
d JMS ACCOUNT 6214-5865 SECURITIES SOLD      
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 665,347   412,427 252,920
b 280,653   236,104 44,549
c 1,962,230   1,338,524 623,706
d 350,272   281,530 68,742
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       252,920
b       44,549
c       623,706
d       68,742
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 989,917
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 518,396 12,449,040 0.041641
2012      
2011      
2010      
2009      
2 Total of line 1, column (d) ...................... 2 0.041641
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 0.041641
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 13,316,621
5 Multiply line 4 by line 3....................... 5 554,517
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 13,050
7 Add lines 5 and 6......................... 7 567,567
8 Enter qualifying distributions from Part XII, line 4.............. 8 577,670
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 13,050
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 0
3 Add lines 1 and 2........................... 3 13,050
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 13,050
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 16,617
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,617
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 292
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,275
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet3,275 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
     
    No
    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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.NEWLINGRISTMILL.ORG
    14
    The books are in care ofbulletTHE NICHOLAS NEWLIN FOUNDATION Telephone no.bullet (610) 459-2359
    Located atbullet219 S CHEYNEY RDGLEN MILLSPA ZIP+4bullet19342
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    MORTIMER NEWLIN SELLERS CHAIRMAN
    5.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    PATRICK HARSHBARGER VICE CHAIRMAN
    5.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    SUSAN RAPP SECRETARY
    5.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    HENRY THOMPSON JR TREASURER
    5.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    ELIZABETH NEWLIN CARNEY BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    MARIANNE D SQUYRES BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    HENRY F THOMPSON SR BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    BILL NEWLIN JR BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    LUCY BELL JARKA-SELLERS BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    JOHANNES JARKA-SELLERS BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    FRANCES STEAD SELLERS BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    LUCY BELL NEWLIN SELLERS BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    FRANK J MCKELVEY JR BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    MASON THOMPSON BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    LAWRENCE DUNBAR BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    MARK WILCOX III BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    JANE ALAVI BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    TIMOTHY B BARNARD BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    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
    ANTHONY SHAHAN DIRECTOR
    40.00     		70,967 12,129 0
    219 S CHEYNEY ROAD
    GLEN MILLS,PA19342
    Total number of other employees paid over $50,000...................bullet 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.............bullet0
    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 TO MAINTAIN, PRESERVE, AND OPEN TO THE PUBLIC HISTORIC PROPERTIES AND LAND KNOWN AS NEWLIN MILL PARK FOR THE PUBLIC'S EDUCATION AND ENJOYMENT. THE PARK IS COMPRISED OF 160 ACRES WITH SEVERAL HISTORIC STRUCTURES - INCLUDING A WORKING WATER POWERED GRIST MILL BUILT IN 1704. APPROXIMATELY 35,000 VISITORS A YEAR ENJOY A VARIETY OF ACTIVITES INCLUDING ENVIRONMENTAL AND HISTORICAL EDUCATION, NATURE TRAILS, FISHING PONDS, BASEBALL DIAMONDS AND PICNIC AREAS. 496,064
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    13,158,341
    b
    Average of monthly cash balances.......................
    1b
    361,071
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,519,412
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    13,519,412
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    202,791
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,316,621
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    665,831
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    665,831
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    13,050
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,050
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    652,781
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    652,781
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    652,781
    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
    496,064
    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
    81,606
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    577,670
    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
    13,050
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    564,620
    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 7 652,781
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 82,622
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 577,670
    a Applied to 2013, but not more than line 2a 82,622
    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..... 495,048
    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 ..........     		157,733
    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....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    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
    aPROGRAM FEES         51,147
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 365  
    4 Dividends and interest from securities....     14 340,557  
    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 .............     		    18 989,917  
    9 Net income or (loss) from special events:     01    
    10 Gross profit or (loss) from sales of inventory..     03 1,315  
    11 Other revenue: aREFUNDS & REIMBURSEMENTS     01 18,104  
    bRIGHT OF WAY EASEMENT PAYMENT     15 17,887  
    cRENTAL OF PARK PROPERTY     16 10,540  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,378,685 51,147
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,429,832
    (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.)
    1 INCLUDES FEES FOR TOURS OF HISTORICAL BUILDINGS ON THE GROUNDS AS WELL AS NATURE TOURS, WORKSHOPS AND SUMMER DISCOVERY PROGRAM (FOR YOUTHS) WHICH PROVIDE PARTICIPANTS WITH HISTORICAL AND ENVIRONMENTAL EDUCATION OPPORTUNITIES. OTHER PROGRAM FEES SUCH AS BALL FIELD RENTAL, FISHING FEES AND CABIN RENTALS PROMOTE RECREATIONAL ACTIVITIES.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    NICHOLAS NEWLIN FOUNDATION
     
    Employer identification number

    23-1600703
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    NICHOLAS NEWLIN FOUNDATION
          		Employer identification number

    23-1600703
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    MR MRS PETER SELLERS  
    413 W STAFFORD ST
     
    PHILADELPHIA, PA19144

    		$8,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    ETHEL SMITH MEMORIAL FUND  
    WELLS FARGO 1 WEST 4TH ST
     
    WINSTONSALEM, NC27101

    		$5,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    NICHOLAS NEWLIN FOUNDATION
          		Employer identification number

    23-1600703
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    NICHOLAS NEWLIN FOUNDATION
          		Employer identification number

    23-1600703
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 11,990 7,990 282 3,718

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

    TY 2014 DepreciationSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    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
    LAND 1960-12-02 306,677   L   0 0 0  
    OLD FULLY DEPRECIATED BLDG & IMPS 1999-12-31 39,779 39,779 SL 20.000000000000 0 0 0  
    DECK 2008-07-04 648 648 SL 20.000000000000 0 0 0  
    ROOF 2004-05-15 9,225 4,457 SL 20.000000000000 461 0 461  
    AIR CONDITIONER 2004-07-15 3,291 3,126 SL 10.000000000000 165 0 165  
    CARPET 2006-04-10 2,332 1,806 SL 10.000000000000 233 0 233  
    FURNITURE 2006-07-10 4,093 1,230 SL 25.000000000000 164 0 164  
    ELECTRIC IMPS 2006-10-01 1,621 560 SL 20.000000000000 81 0 81  
    OLD FULLY DEPRECIATED BLDG & IMPS 1975-12-31 69,976 69,976 SL 0 % 0 0 0  
    MAJOR RENOVATIONS 1975-07-31 82,416 79,677 SL 40.000000000000 2,060 0 2,060  
    IMPROVEMENTS 1976-04-30 2,390 2,267 SL 40.000000000000 60 0 60  
    ROOF 2007-10-30 67,100 20,689 SL 20.000000000000 3,355 0 3,355  
    OLD FULLY DEPRECIATED BLDG & IMPS 1997-12-31 88,537 88,537 SL 0 % 0 0 0  
    ROOF - MILLER HOUSE 1997-05-20 11,885 4,936 SL 40.000000000000 297 0 297  
    HEATER 2008-01-29 4,211 1,248 SL 20.000000000000 211 0 211  
    OLD FULLY DEPRECIATED BLDG & IMPS 1979-12-31 844 844 SL 20.000000000000 0 0 0  
    LOG CABIN 1979-06-30 33,356 29,332 SL 40.000000000000 834 0 834  
    LOG CABIN ROOF 2007-11-14 30,229 9,318 SL 20.000000000000 1,511 0 1,511  
    OLD FULLY DEPRECIATED BLDG & IMPS 1999-12-31 33,879 33,879 SL 0 % 0 0 0  
    WATER HEATER 2007-12-31 749 450 SL 10.000000000000 75 0 75  
    OLD FULLY DEPRECIATED BLDG & IMPS 1999-12-31 6,503 6,503 SL 20.000000000000 0 0 0  
    OFFICE - STATION BUILDING 1968-05-31 15,695 15,695 SL 40.000000000000 0 0 0  
    HOLDING TANK 1982-09-30 3,250 3,249 SL 30.000000000000 0 0 0  
    PLASTER/ROOF 1988-12-31 13,570 13,570 SL 20.000000000000 0 0 0  
    WATER HEATER 1999-11-01 488 488 SL 10.000000000000 0 0 0  
    OFFICE - BUILDING ADDITION 2000-12-01 814,170 266,300 SL 40.000000000000 20,354 0 20,354  
    OLD FULLY DEPRECIATED BLDG & IMPS 1999-12-31 4,633 4,633 SL 0 % 0 0 0  
    RENOVATIONS 1968-05-31 3,444 3,444 SL 40.000000000000 0 0 0  
    IMPROVEMENTS 1979-06-30 3,300 2,871 SL 40.000000000000 83 0 83  
    SEWER/WELL 1983-03-09 2,234 1,736 SL 40.000000000000 56 0 56  
    ELECTRIC IMPS 1988-02-18 605 605 SL 20.000000000000 0 0 0  
    WINDOWS 1994-01-20 4,485 4,485 SL 20.000000000000 0 0 0  
    FURNACE 1994-03-22 2,200 2,200 SL 20.000000000000 0 0 0  
    ROOF 1998-09-16 5,045 3,856 SL 20.000000000000 252 0 252  
    PROPANE HEATER 2001-01-01 450 145 SL 40.000000000000 11 0 11  
    MISC EQUIPMENT 2002-09-30 840 840 SL 10.000000000000 0 0 0  
    FURNACE 2005-01-14 1,985 1,789 SL 10.000000000000 196 0 196  
    SPRINGHOUSE - BUILDING 1977-09-30 7,038 6,423 SL 40.000000000000 176 0 176  
    BARN 1986-10-27 58,256 39,932 SL 40.000000000000 1,456 0 1,456  
    MILLERS HOUSE 1998-02-03 196 196 SL 10.000000000000 0 0 0  
    MILLERS HOUSE 1998-03-09 220 220 SL 10.000000000000 0 0 0  
    BAKE OVENS 2000-05-10 959 959 SL 10.000000000000 0 0 0  
    MAINTENANCE GARAGE 1995-01-21 53,115 25,490 SL 40.000000000000 1,328 0 1,328  
    HEATER 1995-03-31 550 550 SL 10.000000000000 0 0 0  
    BLACKSMITH SHOP 1975-06-30 4,388 4,388 SL 40.000000000000 0 0 0  
    HOUSE 1998-08-07 327,696 126,191 SL 40.000000000000 8,192 0 8,192  
    ROOF 2004-08-01 11,900 5,603 SL 20.000000000000 595 0 595  
    BROILER 2005-11-15 7,615 6,218 SL 10.000000000000 762 0 762  
    IMPROVEMENTS 2006-01-15 3,717 1,487 SL 20.000000000000 186 0 186  
    HEATER 2006-11-24 10,935 3,875 SL 20.000000000000 547 0 547  
    GARAGE ROOF 2008-06-10 3,975 1,111 SL 20.000000000000 199 0 199  
    OLD FULLY DEPRECIATED IMPS 1999-12-31 18,698 18,698 SL 20.000000000000 0 0 0  
    SIDEWALK 1993-12-10 1,774 1,774 SL 20.000000000000 0 0 0  
    TREES 2005-11-08 875 359 SL 20.000000000000 44 0 44  
    FENCING 2006-10-01 2,205 1,600 SL 10.000000000000 221 0 221  
    BRIDGE - FEE 1968-05-31 1,018 1,018 SL 30.000000000000 0 0 0  
    BRIDGE 1993-09-30 2,380 2,380 SL 20.000000000000 0 0 0  
    PARKING AREA 1979-12-31 1,302 1,117 SL 40.000000000000 33 0 33  
    MILL MODEL 1990-05-31 4,400 2,623 SL 40.000000000000 110 0 110  
    MILL EXHIBIT 1993-06-07 100,512 52,317 SL 40.000000000000 2,513 0 2,513  
    MILL PICTURE 1996-10-15 209 88 SL 40.000000000000 5 0 5  
    PRINTS 1997-09-25 951 388 SL 40.000000000000 24 0 24  
    PHOTOS 1998-12-31 949 709 SL 20.000000000000 47 0 47  
    OLD FULLY DEPRECIATED FURNITURE & FIXTURES 1999-12-31 5,088 5,088 SL 10.000000000000 0 0 0  
    OLD FULLY DEPRECIATED EQUIPMENT 1999-12-31 6,499 6,499 SL 10.000000000000 0 0 0  
    FORD F350 1986-12-31 15,028 15,028 SL 5.000000000000 0 0 0  
    FORD TRUCK 2006-05-03 16,450 16,450 SL 7.000000000000 0 0 0  
    OLD FULLY DEPRECIATED EQUIPMENT 1999-12-31 32,146 32,146 SL 10.000000000000 0 0 0  
    OLD FULLY DEPRECIATED EQUIPMENT 1999-12-31 16,006 16,006 SL 10.000000000000 0 0 0  
    SAW CHAINS 1998-04-28 218 218 SL 5.000000000000 0 0 0  
    JOHN DEERE EQUIP 2006-05-16 7,297 7,297 200DB 5.000000000000 0 0 0  
    JOHN DEERE EQUIP 2006-05-16 5,000 5,000 SL 7.000000000000 0 0 0  
    GATOR TS UTILITY 2006-05-01 5,000 5,000 SL 7.000000000000 0 0 0  
    OLD FULLY DEPRECIATED EQUIPMENT 1999-12-31 16,128 16,128 SL 10.000000000000 0 0 0  
    OFFICE EQUIPMENT 2000-04-10 100 100 SL 10.000000000000 0 0 0  
    VACUUM CLEANER 2001-01-01 530 530 SL 5.000000000000 0 0 0  
    SOFTWARE 2005-03-03 3,480 3,480 SL 3.000000000000 0 0 0  
    COMPUTERS 2006-05-01 5,300 5,300 SL 5.000000000000 0 0 0  
    COMPUTERS 2006-03-31 5,313 5,313 SL 5.000000000000 0 0 0  
    POOL REMOVAL 2002-09-30 3,800 1,069 SL 40.000000000000 95 0 95  
    TANK REMOVAL 2002-09-30 600 154 SL 40.000000000000 15 0 15  
    TREE WORK 2002-09-30 940 268 SL 40.000000000000 24 0 24  
    GARDEN 2004-06-01 15,085   NC 40.000000000000 0 0 0  
    ROOF 1990-12-31 2,295 1,779 SL 30.000000000000 77 0 77  
    BOY SCOUT CABIN 1969-12-23 650 650 SL 20.000000000000 0 0 0  
    NEW HEATING SYSTEM - MILLERS HOUSE 2009-03-18 38,065 9,039 SL 20.000000000000 1,903 0 1,903  
    FENCE - SCOTT RD PERIMETER 2009-04-13 899 427 SL 10.000000000000 90 0 90  
    HEATING FUEL TANK 2009-12-18 1,800 480 SL 15.000000000000 120 0 120  
    FENCE ALONG PROPERTY LINE 2009-12-21 5,784 2,312 SL 10.000000000000 578 0 578  
    BOILER 2010-09-23 5,857 1,904 SL 10.000000000000 586 0 586  
    TRACTOR 2010-06-18 14,446 5,057 SL 10.000000000000 1,445 0 1,445  
    COMPUTER 2010-04-13 866 649 SL 5.000000000000 173 0 173  
    ARCHIVES COMPUTER 2010-04-13 1,009 757 SL 5.000000000000 202 0 202  
    ROOF 2011-09-19 6,125 689 SL 20.000000000000 306 0 306  
    ROOF 2011-08-31 6,125 714 SL 20.000000000000 306 0 306  
    COMPUTER 2011-03-15 899 512 SL 5.000000000000 180 0 180  
    SECURITY SYSTEM 2013-04-01 337 24 SL 10.000000000000 34 0 34  
    SECURITY SYSTEM 2013-04-01 563 41 SL 10.000000000000 56 0 56  
    SECURITY SYSTEM 2013-04-01 336 24 SL 10.000000000000 34 0 34  
    SECURITY SYSTEM 2013-04-01 713 53 SL 10.000000000000 71 0 71  
    NEW FLOOR 2013-09-01 9,100 152 SL 20.000000000000 455 0 455  
    REPOINTING WALLS 2013-12-31 1,261   SL 20.000000000000 63 0 63  
    DESK 2013-11-21 2,977 25 SL 10.000000000000 298 0 298  
    ENGINEERING FOR NEW ROOF 2014-06-24 13,246   SL 20.000000000000 330 0 330  
    LAND 1998-08-13 100,000   L   0 0 0  
    LAND 1998-08-07 280,000   L   0 0 0  
    SECURITY SYSTEM 2014-03-31 1,695   SL 10.000000000000 127 0 127  
    ROOF 2014-06-24 5,336   SL 20.000000000000 133 0 133  
    ELECTRIC LINE 2014-03-31 862   SL 10.000000000000 65 0 65  
    HAZMAT CABINET 2014-02-18 743   SL 10.000000000000 62 0 62  
    COMPRESSOR 2014-04-21 669   SL 10.000000000000 45 0 45  
    PARKING LOTS AND ROAD WORK 2014-11-01 11,573   SL 15.000000000000 129 0 129  
    TAILRACE PROJECT PRELIM COSTS 2014-12-31 3,424   NC 50.000000000000 0 0 0  
    REBUILD DAM 2014-08-15 43,021   SL 50.000000000000 359 0 359  
    FENCE 2014-06-12 1,273   SL 10.000000000000 74 0 74  
    7 COMPUTERS 2014-02-18 8,283   SL 5.000000000000 1,380 0 1,380  
    COMPUTER SERVER 2014-04-28 4,729   SL 5.000000000000 631 0 631  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CAMPBELL SOUP DEB 8.875% 65,437 65,437

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AQUA AMERICA INC 528,420 528,420
    ATT 598,742 598,742
    BP PLC SPONS ADR 449,816 449,816
    BRYN MAWR BANK CORP 438,200 438,200
    CAMDEN NATIONAL CORP 0 0
    CAMPBELL SOUP 748,000 748,000
    CLOROX 0 0
    DEERE & CO 583,902 583,902
    DIVIDEND & INCOME FUND 15,120 15,120
    DNP SELECT INCOME FUND 477,312 477,312
    EXXON MOBIL CORP 329,584 329,584
    FRONTIER COMMUNICATIONS 8,004 8,004
    GENERAL ELECTRIC 874,342 874,342
    IBM 158,996 158,996
    GLAXOSMITHKILNE 299,180 299,180
    JOHNSON & JOHNSON 571,998 571,998
    KELLOGG CO 719,840 719,840
    KIMBERLY CLARK CORP 0 0
    MCCORMICK 423,510 423,510
    MICROSOFT 232,250 232,250
    PFIZER 0 0
    PPL 635,775 635,775
    PROCTOR & GAMBLE 473,668 473,668
    SJW CORP 0 0
    J M SMUCKER CO 636,174 636,174
    SOURCE CAPITAL INC 0 0
    UGI CORP 256,365 256,365
    VERIZON 421,020 421,020

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    US Government Securities - End of Year Book Value:

    109,234
    US Government Securities - End of Year Fair Market Value:

    109,234
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2014 InvestmentsOtherSchedule2
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERIGAS PARTNERS LP FMV 622,960 622,960
    ENERGY TRANSFER PARTNERS LP FMV 390,000 390,000

    TY 2014 LandEtcSchedule2
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 306,677 0 306,677  
    OLD FULLY DEPRECIATED BLDG & IMPS 39,779 39,779 0  
    DECK 648 648 0  
    ROOF 9,225 4,918 4,307  
    AIR CONDITIONER 3,291 3,291 0  
    CARPET 2,332 2,039 293  
    FURNITURE 4,093 1,394 2,699  
    ELECTRIC IMPS 1,621 641 980  
    OLD FULLY DEPRECIATED BLDG & IMPS 69,976 69,976 0  
    MAJOR RENOVATIONS 82,416 81,737 679  
    IMPROVEMENTS 2,390 2,327 63  
    ROOF 67,100 24,044 43,056  
    OLD FULLY DEPRECIATED BLDG & IMPS 88,537 88,537 0  
    ROOF - MILLER HOUSE 11,885 5,233 6,652  
    HEATER 4,211 1,459 2,752  
    OLD FULLY DEPRECIATED BLDG & IMPS 844 844 0  
    LOG CABIN 33,356 30,166 3,190  
    LOG CABIN ROOF 30,229 10,829 19,400  
    OLD FULLY DEPRECIATED BLDG & IMPS 33,879 33,879 0  
    WATER HEATER 749 525 224  
    OLD FULLY DEPRECIATED BLDG & IMPS 6,503 6,503 0  
    OFFICE - STATION BUILDING 15,695 15,695 0  
    HOLDING TANK 3,250 3,249 1  
    PLASTER/ROOF 13,570 13,570 0  
    WATER HEATER 488 488 0  
    OFFICE - BUILDING ADDITION 814,170 286,654 527,516  
    OLD FULLY DEPRECIATED BLDG & IMPS 4,633 4,633 0  
    RENOVATIONS 3,444 3,444 0  
    IMPROVEMENTS 3,300 2,954 346  
    SEWER/WELL 2,234 1,792 442  
    ELECTRIC IMPS 605 605 0  
    WINDOWS 4,485 4,485 0  
    FURNACE 2,200 2,200 0  
    ROOF 5,045 4,108 937  
    PROPANE HEATER 450 156 294  
    MISC EQUIPMENT 840 840 0  
    FURNACE 1,985 1,985 0  
    SPRINGHOUSE - BUILDING 7,038 6,599 439  
    BARN 58,256 41,388 16,868  
    MILLERS HOUSE 196 196 0  
    MILLERS HOUSE 220 220 0  
    BAKE OVENS 959 959 0  
    MAINTENANCE GARAGE 53,115 26,818 26,297  
    HEATER 550 550 0  
    BLACKSMITH SHOP 4,388 4,388 0  
    HOUSE 327,696 134,383 193,313  
    ROOF 11,900 6,198 5,702  
    BROILER 7,615 6,980 635  
    IMPROVEMENTS 3,717 1,673 2,044  
    HEATER 10,935 4,422 6,513  
    GARAGE ROOF 3,975 1,310 2,665  
    OLD FULLY DEPRECIATED IMPS 18,698 18,698 0  
    SIDEWALK 1,774 1,774 0  
    TREES 875 403 472  
    FENCING 2,205 1,821 384  
    BRIDGE - FEE 1,018 1,018 0  
    BRIDGE 2,380 2,380 0  
    PARKING AREA 1,302 1,150 152  
    MILL MODEL 4,400 2,733 1,667  
    MILL EXHIBIT 100,512 54,830 45,682  
    MILL PICTURE 209 93 116  
    PRINTS 951 412 539  
    PHOTOS 949 756 193  
    OLD FULLY DEPRECIATED FURNITURE & FIXTURES 5,088 5,088 0  
    OLD FULLY DEPRECIATED EQUIPMENT 6,499 6,499 0  
    FORD F350 15,028 15,028 0  
    FORD TRUCK 16,450 16,450 0  
    OLD FULLY DEPRECIATED EQUIPMENT 32,146 32,146 0  
    OLD FULLY DEPRECIATED EQUIPMENT 16,006 16,006 0  
    SAW CHAINS 218 218 0  
    JOHN DEERE EQUIP 7,297 7,297 0  
    JOHN DEERE EQUIP 5,000 5,000 0  
    GATOR TS UTILITY 5,000 5,000 0  
    OLD FULLY DEPRECIATED EQUIPMENT 16,128 16,128 0  
    OFFICE EQUIPMENT 100 100 0  
    VACUUM CLEANER 530 530 0  
    SOFTWARE 3,480 3,480 0  
    COMPUTERS 5,300 5,300 0  
    COMPUTERS 5,313 5,313 0  
    POOL REMOVAL 3,800 1,164 2,636  
    TANK REMOVAL 600 169 431  
    TREE WORK 940 292 648  
    GARDEN 15,085 0 15,085  
    ROOF 2,295 1,856 439  
    BOY SCOUT CABIN 650 650 0  
    NEW HEATING SYSTEM - MILLERS HOUSE 38,065 10,942 27,123  
    FENCE - SCOTT RD PERIMETER 899 517 382  
    HEATING FUEL TANK 1,800 600 1,200  
    FENCE ALONG PROPERTY LINE 5,784 2,890 2,894  
    BOILER 5,857 2,490 3,367  
    TRACTOR 14,446 6,502 7,944  
    COMPUTER 866 822 44  
    ARCHIVES COMPUTER 1,009 959 50  
    ROOF 6,125 995 5,130  
    ROOF 6,125 1,020 5,105  
    COMPUTER 899 692 207  
    SECURITY SYSTEM 337 58 279  
    SECURITY SYSTEM 563 97 466  
    SECURITY SYSTEM 336 58 278  
    SECURITY SYSTEM 713 124 589  
    NEW FLOOR 9,100 607 8,493  
    REPOINTING WALLS 1,261 63 1,198  
    DESK 2,977 323 2,654  
    ENGINEERING FOR NEW ROOF 13,246 330 12,916  
    LAND 100,000 0 100,000  
    LAND 280,000 0 280,000  
    SECURITY SYSTEM 1,695 127 1,568  
    ROOF 5,336 133 5,203  
    ELECTRIC LINE 862 65 797  
    HAZMAT CABINET 743 62 681  
    COMPRESSOR 669 45 624  
    PARKING LOTS AND ROAD WORK 11,573 129 11,444  
    TAILRACE PROJECT PRELIM COSTS 3,424 0 3,424  
    REBUILD DAM 43,021 359 42,662  
    FENCE 1,273 74 1,199  
    7 COMPUTERS 8,283 1,380 6,903  
    COMPUTER SERVER 4,729 631 4,098  


    TY 2014 OtherAssetsSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    COLLECTIONS 16,141 16,366 16,366


    TY 2014 OtherDecreasesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING & PROMOTION 8,426 0 594 7,832
    OFFICE EXPENSES 15,089 0 1,063 14,026
    INSURANCE 28,246 0 1,990 26,256
    INTERPRETIVE PROGRAM EXPENSE 8,204 0 578 7,626
    SPECIAL PROGRAMS/SPECIAL PROJECTS 8,844 0 623 8,221
    TRUCK & EQUIPMENT EXPENSE 4,882 0 344 4,538
    SUMMER DISCOVERY PROGRAM EXP 4,138 0 1,876 2,262
    COLLECTIONS EXPENSE 1,437 0 0 1,437
    RESEARCH 788 0 0 788
    MISCELLANEOUS 10,823 0 10,683 140
    FISH & BAIT PURCHASED 6,137 0 6,137 0
    PARTNERSHIP LOSSES 17,830 17,830 0 0


    TY 2014 OtherIncomeSchedule2
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROGRAM FEES 51,147   51,147
    REFUNDS & REIMBURSEMENTS 18,104   18,104
    RIGHT OF WAY EASEMENT PAYMENT 17,887   17,887
    RENTAL OF PARK PROPERTY 10,540   10,540
    GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS 9,423   9,423


    TY 2014 OtherIncreasesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Description Amount
       
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Description Beginning of Year - Book Value End of Year - Book Value
    SALES TAX WITHHELD AND PAYABLE 71 44
    INVESTMENT ACCOUNT DEBIT BALANCE 169,247 0


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL PROCESSING 2,748 0 194 2,554


    TY 2014 TaxesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN: 23-1600703
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 2013 990 PF 21,915 0 0 0