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
OLIN B AND DESTA SCHWAB FOUNDATION
C/O MICHAEL EARLS CPA

Number and street (or P.O. box number if mail is not delivered to street address)110 W BERRY STREET SUITE 2501   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WAYNE, IN46802
A Employer identification number

35-2284008
B Telephone number (see instructions)

(260) 461-6128
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$6,668,233J 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)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 179,409 179,409  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 207,056
b Gross sales price for all assets on line 6a 4,871,041
7 Capital gain net income (from Part IV, line 2)... 207,056
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 764    
12 Total. Add lines 1 through 11........ 387,229 386,465  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,696     2,696
b Accounting fees (attach schedule)....... Click to see attachment 1,815     1,815
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 126      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 114,196 34,154   44,445
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 118,833 34,154   48,956
25 Contributions, gifts, grants paid........ 477,148 477,148
26 Total expenses and disbursements. Add lines 24 and 25 595,981 34,154   526,104
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -208,752
b Net investment income (if negative, enter -0-) 352,311
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 518 1,598 1,598
2 Savings and temporary cash investments.......... 237,259 94,057 94,057
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   5,600    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,720,452 Click to see attachment3,818,299 4,223,895
c Investments—corporate bonds (attach schedule)........ 1,906,116 Click to see attachment1,809,169 1,784,212
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 596,905 Click to see attachment570,572 564,471
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment386,394    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,853,244 6,293,695 6,668,233
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 6,853,244 6,293,695
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 6,853,244 6,293,695
31 Total liabilities and net assets/fund balances (see instructions).. 6,853,244 6,293,695
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 6,853,244
2 Enter amount from Part I, line 27a..................... 2 -208,752
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 6,644,492
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 350,797
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 6,293,695
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 AGL RESOURCES INC COMMON STOCK P 2014-12-26 2015-06-24
b APPLE COMPUTER INC P 2014-09-23 2014-12-26
c BRISTOL MYERS SQUIBB COMPANY P 2014-06-03 2014-09-23
d CISCO SYSTEMS INC P 2014-12-26 2015-03-13
e EXXON MOBIL CORPCOMMON STOCK P 2014-09-23 2014-12-26
GENERAL MOTORS CO P 2014-06-25 2014-12-26
JP MORGAN ALERIAN MLP INDEX FUND P 2012-06-22 2014-12-26
MACY S INC P 2014-06-25 2014-12-26
OCCIDENTAL PETROLEUM CORPORATION CO P 2015-03-13 2015-06-24
TWEEDY BROWNE FUND INC GLOBAL VALUE P 2014-12-29 2015-04-27
WASTE MANAGEMENT INC DEL COMMON STOC P 2014-02-10 2014-12-26
ACE LIMITED P 2014-06-03 2014-09-23
DODGE & COX INCOME FUND P   2015-03-27
AT&T INC P 2008-01-09 2015-06-24
ARCHER DANIELS MIDLAND COMPANY P 2014-06-25 2014-09-23
BRISTOL MYERS SQUIBB COMPANY P 2014-06-03 2014-12-26
COMCAST CORP P 2014-02-11 2014-10-08
EXXON MOBIL CORPCOMMON STOCK P 2014-09-23 2015-06-24
GENERAL MOTORS CO P 2014-09-23 2014-12-26
KLA INSTRUMENTS CORPORATION COMMON P 2014-06-25 2014-12-26
MACY S INC P 2014-06-25 2015-06-24
PIMCO FDS PAC INVT MGMT SER LOW DUR P 2013-06-06 2014-10-03
US BANCORP COMMON STOCK P 2014-05-06 2014-09-23
WELLS FARGO & COMPANY NEW COMMON STO P 2014-06-25 2014-12-26
TRANSOCEAN LTD P 2014-07-30 2014-12-01
BMO MULTI-ASSET INCOME P   2015-05-29
AT&T INC P 2014-09-23 2015-06-24
ARCHER DANIELS MIDLAND COMPANY P 2014-06-25 2014-10-08
CMS ENERGY CORPORATION COMMON STOCK P 2014-06-25 2014-09-23
COMCAST CORP P 2014-12-26 2015-06-24
FEDERATED ULTRA SHORT FD P 2014-10-03 2015-03-04
GLAXO PLC SPONSORED ADR P 2014-02-10 2014-09-23
KLA INSTRUMENTS CORPORATION COMMON P 2014-06-25 2015-06-24
MARATHON PETROLEUM CORPORATION P 2014-06-25 2014-09-23
PPL CORPORATION COMMON STOCK P 2014-06-25 2014-09-23
US BANCORP COMMON STOCK P 2014-05-06 2014-12-26
WELLS FARGO & COMPANY NEW COMMON STO P 2014-06-25 2015-06-24
LYONDELLBASELL INDUSTRIES NV P 2014-06-25 2014-09-23
AT&T INC P 2014-06-25 2015-06-24
ARTISAN MID CAP VALUE FD P 2013-05-03 2014-12-01
CMS ENERGY CORPORATION COMMON STOCK P 2014-06-25 2014-12-26
CONOCOPHILLIPS P 2014-09-23 2015-06-24
FEDERATED ULTRA SHORT FD P 2014-09-28 2015-03-13
HALYARD HEALTH INC P 2014-05-06 2014-12-26
KIMBERLY CLARK CORPORATION COMMON ST P 2014-05-06 2015-06-24
MEDTRONIC INC COMMON P 2014-06-25 2014-10-08
PPL CORPORATION COMMON STOCK P 2014-06-25 2014-12-26
UNITED PARCEL SVC INC P 2014-06-03 2015-06-24
WELLS FARGO ADV EMG MK EQ IS P 2013-04-23 2014-09-26
LYONDELLBASELL INDUSTRIES NV P 2014-06-25 2015-06-24
ABBVIE INC P 2014-06-25 2014-10-20
ARTISAN MID CAP VALUE FD P 2013-07-25 2014-12-01
CMS ENERGY CORPORATION COMMON STOCK P 2014-06-25 2015-06-24
CONOCOPHILLIPS P 2014-12-26 2015-06-24
FEDERATED ULTRA SHORT FD P 2014-10-03 2015-03-13
HARTFORD FLOATING RATE FUND P 2014-06-25 2015-06-17
KIMCO REALTY CORPORATION COMMON STO P 2014-12-26 2015-06-24
MERCK & CO INC NEW P 2014-06-25 2015-03-13
PEPSICO INC COMMON STOCK P 2011-09-21 2014-09-23
VALERO REFNG & MARKETING CO COMMON S P 2014-06-25 2014-12-26
WELLS FARGO ADV DISCOVERY FUND P 2011-06-15 2014-12-10
ARTISAN MID CAP VALUE FD P   2014-11-20
ABBVIE INC P 2014-09-23 2014-10-20
AVERY DENNISON CORP COMMON STOCK P 2014-09-23 2014-12-26
CA INC P 2014-06-25 2014-12-26
CONOCOPHILLIPS P 2015-03-13 2015-06-24
FEDERATED ULTRA SHORT FD P 2014-10-30 2015-04-08
HELMERICH & PAYNE INC COMMON STOCK P 2014-09-23 2014-12-01
KINDER MORGAN INC P 2014-12-26 2015-06-24
MICROSOFT CORPORATION COMMON STOCK P 2014-12-26 2015-03-13
PEPSICO INC COMMON STOCK P 2011-09-21 2014-12-26
VANGUARD EQUITY INCOME P 2013-06-27 2015-04-08
WELLS FARGO ADV DISCOVERY FUND P 2011-06-15 2015-03-04
BMO SMALL-GAP GROWTH FUND P   2014-12-11
ABBVIE INC P 2014-12-26 2015-06-24
BB & T P 2014-02-10 2014-09-23
CA INC P 2014-06-25 2015-06-24
CREDIT SUISSE COMM RET ST P 2014-06-03 2014-12-01
FEDERATED ULTRA SHORT FD P 2014-10-03 2015-04-08
HELMERICH & PAYNE INC COMMON STOCK P 2014-07-20 2015-06-24
KRAFT FOODS GROUP INC P 2014-02-10 2014-09-23
MICROCHIP TECHNOLOGY INC COMMON STOC P 2008-07-08 2014-10-10
PFIZER INC COMMON STOCK P 2014-09-23 2015-03-13
VANGUARD EQUITY INCOME P 2013-06-27 2015-06-17
WEYERHAEUSER COMPANY COMMON STOCK P 2014-12-26 2015-06-24
T ROWE PRICE DIVIDEND GROWTH FUND P   2014-12-12
ABERDEEN EMERG MKTS P 2014-09-26 2015-03-04
BB & T P 2014-02-10 2014-12-26
CALIFORNIA RESOURCES CORP P 2014-06-25 2014-12-26
DIAMONDBACK ENERGY INC P 2014-02-10 2014-10-08
FEDERATED ULTRA SHORT FD P 2014-10-03 2015-04-09
HEWLETT PACKARD COMPANY COMMON STOCK P 2014-06-25 2015-06-24
LEGGETT & PLATT INC COMMON STOCK P 2013-05-17 2014-09-23
NAVIENT CROP P 2014-12-26 2015-03-13
PHILLIPS 66 P 2015-03-13 2015-06-24
VANGUARD FIXED INCOME SECS FD SHORT P 2014-06-30 2015-04-08
WEYERHAEUSER COMPANY COMMON STOCK P 2015-03-13 2015-06-24
WELLS FARGO ADV DISCOVERY FUND P   2014-12-12
ALTRIA GROUP INC P 2014-06-25 2014-09-23
BMO SMALL CAP GROWTH FUND CLASS I P 2013-12-11 2014-12-10
CALIFORNIA RESOURCES CORP P 2014-09-23 2014-12-26
DISCOVER FINL SVCS P 2013-01-23 2014-12-26
GANNETT COMPANY INC COMMON STOCK P 2014-02-10 2015-06-24
HONEYWELL INTERNATIONAL INC COMMON P 2014-06-25 2014-12-26
LEGGETT & PLATT INC COMMON STOCK P 2013-05-17 2014-12-26
NETAPP INC P 2014-06-25 2014-10-08
QUALCOM INC COMMON STOCK P 2014-06-25 2014-11-26
VANGUARD FIXED INCOME SECS FD SHORT P 2014-06-25 2015-04-08
ENSCO PLC CL A P 2013-12-16 2014-12-01
VANGUARD EQUITY INCOME P   2014-12-18
ALTRIA GROUP INC P 2011-01-25 2014-12-26
BMO SMALL CAP GROWTH FUND CLASS I P 2013-05-03 2014-12-10
CAPITAL ONE FINANCIAL CORP COMMON S P 2014-06-25 2014-10-08
DONNELLEY R R & SONS SOLD P 2011-01-24 2014-09-23
GENERAL DYNAMICS CORPORATION COMMON P 2014-06-25 2014-12-26
INTEL CORPORATION COMMON STOCK P 2014-09-23 2014-12-26
LEGGETT & PLATT INC COMMON STOCK P 2013-05-17 2015-06-24
NETAPP INC P 2014-12-26 2015-06-24
REYNOLDS AMERICA P 2015-06-12 2015-06-29
VANGUARD FIXED INCOME SECS FD SHORT P 2014-06-25 2015-04-09
ENSCO PLC CL A P 2014-12-26 2015-03-13
VANGUARD S/T INVEST P   2014-12-18
ALTRIA GROUP INC P 2009-01-06 2014-12-26
BMO SMALL CAP GROWTH FUND CLASS I P 2013-05-03 2015-03-04
CAPITAL ONE FINANCIAL CORP COMMON S P 2014-12-26 2015-06-24
DONNELLEY R R & SONS SOLD P 2011-01-24 2014-10-08
GENERAL ELECTRIC COMPANY COMMON STO P 2008-10-13 2014-12-26
ISHARES DJ SELECT DIVIDEND P 2015-03-04 2015-06-17
LILLY ELI & COMPANY COMMON STOCK P 2014-06-25 2015-06-24
NORFOLK SOUTHERN CORPORATION COMMON P 2014-06-25 2014-09-23
ROYAL DUTCH P 2010-12-06 2014-12-26
VANGUARD GROWTH PORT-INSTL P 2014-12-19 2015-06-17
ENSCO PLC CL A P 2014-01-10 2015-03-13
HARBOR CAPITAL APPRECIATION FUND P   2014-12-19
AMERICAN ELECTRIC POWER CO INC COMM P 2014-06-25 2014-12-26
BMO SMALL CAP GROWTH FUND CLASS I P 2013-05-03 2015-03-04
CARDINAL HEALTH INC P 2014-06-03 2014-09-23
DR PEPPER SNAPPLE GROUP INC P 2014-12-26 2015-06-24
GENERAL ELECTRIC COMPANY COMMON STO P 2010-07-14 2014-12-26
ISHARES RUSSELL MIDCAP VALUE ETF P 2014-06-03 2014-12-10
LOCKHEED MARTIN CORPORATION COMMON S P 2014-09-23 2015-06-24
NOVARTIS AG SPONSORED ADR P 2009-03-18 2014-09-23
SLM CORPORATION COMMON STOCK P 2014-06-25 2014-09-23
VANGUARD GROWTH PORT-INSTL P 2015-03-24 2015-06-17
INVESCO LIMITED P 2014-09-23 2014-12-26
OAKMARK INTERNATIONAL SMALL CAP FUND P   2014-12-19
AMERIPRISE FINANCIAL P 2014-05-06 2014-10-08
BMO MULTI ASSET INCOME P 2014-06-25 2015-06-17
CHEVRON TEXACO INC COMMON STOCK P 2014-06-25 2014-12-26
DU PONT E I DE NEMOURS & COMPANY P 2008-01-09 2014-09-23
GENERAL ELECTRIC COMPANY COMMON STO P 2009-05-11 2015-06-24
J P MORGAN CHASE & COCOMMON STOCK P 2014-09-23 2014-12-26
LOCKHEED MARTIN CORPORATION COMMON S P 2014-06-03 2015-06-24
OCCIDENTAL PETROLEUM CORPORATION CO P 2014-06-25 2014-12-26
SPECTRA ENTERY CORP WI P 2014-02-10 2014-08-22
VANGUARD GROWTH PORT-INSTL P 2014-12-10 2015-06-17
INVESCO LIMITED P 2014-09-23 2015-06-24
ABERDEEN EMERG MKTS INST P   2014-12-22
AMGEN INC COMMON STOCK P 2014-05-06 2014-09-23
BOEING COMPANY COMMON STOCK P 2014-12-26 2015-03-13
CHEVRON TEXACO INC COMMON STOCK P 2014-09-23 2014-12-26
DU PONT E I DE NEMOURS & COMPANY P 2008-03-12 2014-09-23
GENERAL ELECTRIC COMPANY COMMON STO P 2010-07-14 2015-06-24
J P MORGAN CHASE & COCOMMON STOCK P 2014-06-25 2015-03-13
LORILLARD, INC P 2014-06-25 2014-12-26
OCCIDENTAL PETROLEUM CORPORATION CO P 2014-06-25 2015-06-24
TOTAL SA SPONSORED ADR P 2014-02-10 2014-09-23
VERITIV CORP P 2014-02-10 2014-07-15
INVESCO LIMITED P 2014-06-25 2015-06-24
TWEEDY BROWNE FD INC GLOBAL VALUE P   2014-12-30
AMGEN INC COMMON STOCK P 2014-05-06 2014-10-08
BOEING COMPANY COMMON STOCK P 2014-09-23 2015-03-13
CHEVRON TEXACO INC COMMON STOCK P 2014-09-23 2015-06-24
EXELON CORPORATION COMMON STOCK P 2014-09-23 2014-12-26
GENERAL MILLS INC COMMON STOCK P 2012-02-21 2014-09-23
J P MORGAN CHASE & COCOMMON STOCK P 2014-06-25 2015-06-24
MFS INTL VALUE I P 2013-07-24 2014-09-26
OCCIDENTAL PETROLEUM CORPORATION CO P 2014-09-23 2015-06-24
TWEEDY BROWNE FUND INC GLOBAL VALUE P 2014-09-26 2015-04-27
VERITIV CORP P 2014-02-10 2014-07-23
SEAGATE TECHNOLOGY PLC P 2013-12-13 2014-12-26
BMO MULTI-ASSET INCOME P   2014-12-31
(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 7,089   8,274 -1,185
b 11,315   10,197 1,118
c 1,286   1,222 64
d 5,540   5,686 -146
e 2,335   2,427 -92
10,090   10,950 -860
41,746   33,245 8,501
4,795   4,379 416
15,764   14,563 1,201
7,345   6,902 443
5,132   4,255 877
18,082   17,535 547
40     40
4,814   5,225 -411
2,560   2,207 353
11,912   9,780 2,132
21,804   21,992 -188
6,353   7,281 -928
3,363   3,360 3
10,779   10,456 323
3,496   2,919 577
1,026,995   1,034,964 -7,969
4,302   4,017 285
5,531   5,235 296
10,010   20,735 -10,725
21     21
3,566   3,549 17
14,325   13,242 1,083
2,923   3,055 -132
3,620   3,497 123
182,800   183,198 -398
14,019   15,897 -1,878
8,583   9,838 -1,255
15,227   14,035 1,192
3,319   3,449 -130
2,291   2,008 283
11,526   10,470 1,056
5,633   4,966 667
6,241   6,169 72
115,726   113,756 1,970
1,803   1,527 276
3,152   3,985 -833
893   896 -3
1,048   910 138
21,613   21,160 453
16,367   16,158 209
14,964   13,796 1,168
9,915   10,398 -483
114,938   111,999 2,939
2,620   2,483 137
20,385   20,085 300
105,192   110,736 -5,544
14,296   13,747 549
1,576   1,757 -181
245,617   246,424 -807
43,600   45,110 -1,510
3,468   3,879 -411
5,589   5,781 -192
4,660   3,077 1,583
10,028   10,408 -380
104,280   75,930 28,350
21,237     21,237
1,359   1,441 -82
2,631   2,368 263
3,128   2,862 266
1,576   1,529 47
1,038   1,040 -2
10,404   11,303 -899
3,950   4,236 -286
4,109   4,802 -693
2,429   1,538 891
98,145   86,670 11,475
34,580   25,310 9,270
17,409     17,409
2,791   2,682 109
7,652   7,502 150
6,128   5,724 404
52,800   61,040 -8,240
90,362   90,560 -198
1,411   2,201 -790
16,950   15,951 999
11,941   8,277 3,664
6,740   6,000 740
66,100   57,780 8,320
7,240   8,255 -1,015
6,951     6,951
56,520   60,440 -3,920
19,625   18,754 871
557   885 -328
18,127   14,470 3,657
137,100   137,400 -300
7,888   8,467 -579
3,542   3,397 145
4,831   5,535 -704
7,907   7,465 442
113   114 -1
4,022   4,144 -122
7,768     7,768
4,524   4,217 307
36,720   39,083 -2,363
223   339 -116
9,990   5,853 4,137
7,376   5,549 1,827
5,088   4,636 452
8,552   6,794 1,758
9,982   9,022 960
9,016   9,818 -802
107,287   107,345 -58
6,766   6,766  
13,339     13,339
4,052   1,955 2,097
18,030   20,826 -2,796
10,281   10,272 9
6,600   7,225 -625
3,536   2,919 617
3,762   3,458 304
9,830   6,794 3,036
8,350   10,705 -2,355
69   65 4
160,950   161,400 -450
8,153   12,208 -4,055
378     378
1,013   306 707
62,540   66,083 -3,543
11,135   10,449 686
11,305   12,644 -1,339
1,545   1,252 293
76,999   78,568 -1,569
16,508   12,402 4,106
9,977   9,200 777
16,574   15,264 1,310
1,736   1,672 64
4,076   10,974 -6,898
17,701     17,701
6,226   5,458 768
25,408   26,847 -1,439
15,168   14,148 1,020
7,452   7,327 125
8,755   5,202 3,553
145,737   140,939 4,798
9,511   8,906 605
14,046   5,682 8,364
26,970   25,110 1,860
1,379   1,379  
2,022   2,042 -20
3,590     3,590
23,899   22,292 1,607
97,600   103,168 -5,568
2,832   3,283 -451
17,067   10,703 6,364
13,123   6,854 6,269
6,268   6,105 163
23,777   15,939 7,838
2,050   2,449 -399
8,142   7,392 750
52,985   50,133 2,852
2,908   3,063 -155
3,972     3,972
14,154   11,345 2,809
3,756   3,278 478
2,832   3,096 -264
4,267   2,827 1,440
3,281   1,836 1,445
6,067   5,718 349
3,180   3,079 101
17,734   22,041 -4,307
15,720   14,674 1,046
25   23 2
969   925 44
3,605     3,605
13,900   11,345 2,555
3,756   3,198 558
4,994   6,192 -1,198
962   857 105
12,607   9,570 3,037
1,725   1,429 296
210,361   194,008 16,353
7,882   9,371 -1,489
195,020   193,130 1,890
267   252 15
13,752   9,984 3,768
12     12
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       -1,185
b       1,118
c       64
d       -146
e       -92
      -860
      8,501
      416
      1,201
      443
      877
      547
      40
      -411
      353
      2,132
      -188
      -928
      3
      323
      577
      -7,969
      285
      296
      -10,725
      21
      17
      1,083
      -132
      123
      -398
      -1,878
      -1,255
      1,192
      -130
      283
      1,056
      667
      72
      1,970
      276
      -833
      -3
      138
      453
      209
      1,168
      -483
      2,939
      137
      300
      -5,544
      549
      -181
      -807
      -1,510
      -411
      -192
      1,583
      -380
      28,350
      21,237
      -82
      263
      266
      47
      -2
      -899
      -286
      -693
      891
      11,475
      9,270
      17,409
      109
      150
      404
      -8,240
      -198
      -790
      999
      3,664
      740
      8,320
      -1,015
      6,951
      -3,920
      871
      -328
      3,657
      -300
      -579
      145
      -704
      442
      -1
      -122
      7,768
      307
      -2,363
      -116
      4,137
      1,827
      452
      1,758
      960
      -802
      -58
       
      13,339
      2,097
      -2,796
      9
      -625
      617
      304
      3,036
      -2,355
      4
      -450
      -4,055
      378
      707
      -3,543
      686
      -1,339
      293
      -1,569
      4,106
      777
      1,310
      64
      -6,898
      17,701
      768
      -1,439
      1,020
      125
      3,553
      4,798
      605
      8,364
      1,860
       
      -20
      3,590
      1,607
      -5,568
      -451
      6,364
      6,269
      163
      7,838
      -399
      750
      2,852
      -155
      3,972
      2,809
      478
      -264
      1,440
      1,445
      349
      101
      -4,307
      1,046
      2
      44
      3,605
      2,555
      558
      -1,198
      105
      3,037
      296
      16,353
      -1,489
      1,890
      15
      3,768
      12
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 2 207,056
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 -9,077
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 515,890 6,931,365 0.074428
2012 276,973 6,625,715 0.041803
2011 438,818 6,809,893 0.064438
2010 338,812 7,028,652 0.048204
2009 285,893 6,400,660 0.044666
2 Total of line 1, column (d) ...................... 2 0.273539
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 0.054708
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 6,849,696
5 Multiply line 4 by line 3....................... 5 374,733
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,523
7 Add lines 5 and 6......................... 7 378,256
8 Enter qualifying distributions from Part XII, line 4.............. 8 526,104
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 3,523
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 3,523
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,523
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 5,560
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,560
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,037
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,037 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    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.SCHWABFOUNDATION.COM
    14
    The books are in care ofbulletMICHAEL EARLS Telephone no.bullet (260) 461-6128
    Located atbullet110 W BERRY STREET SUITE 2401FORT WAYNEIN ZIP+4bullet46802
    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
    M JAMES JOHNSTON PRESIDENT
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    MICHAEL EARLS TREASURER
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    HOLLY BRADY SECRETARY
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    JOHN FERGUSON DIRECTOR
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    LESLEY JONES-SESSLER DIRECTOR
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    COURTNEY TRITCH DIRECTOR
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    KATHLEEN RANDOLPH VICE PRESIDE
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    BILL ZIELKE DIRECTOR
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    DOLORES DEE KLOCKE DIR EMERITUS
    0.50     		0 0 0
    110 WEST BERRY STREET STE 2401
    FORT WAYNE,IN46802
    DAVID HAIST DIRECTOR
    0.50     		0 0 0
    110 W BERRY STREET STE 2401
    FORT WAYNE,IN46802
    KYLE MARTIN DIRECTOR
    0.50     		0 0 0
    110 W BERRY STREET STE 2401
    FORT WAYNE,IN46802
    GARY SHEARER DIRECTOR
    0.50     		0 0 0
    110 W BERRY STREET STE 2401
    FORT WAYNE,IN46802
    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...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    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)
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,950,094
    b
    Average of monthly cash balances.......................
    1b
    3,912
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,954,006
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,954,006
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    104,310
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,849,696
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    342,485
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    342,485
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    3,523
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,523
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    338,962
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    338,962
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    338,962
    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
    526,104
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    526,104
    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
    3,523
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    522,581
    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 7 338,962
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 85,043
    b Total for prior years:20, 20, 20  
    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.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 526,104
    a Applied to 2013, but not more than line 2a 85,043
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 338,962
    e Remaining amount distributed out of corpus 102,099
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 102,099
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		102,099
    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.... 102,099
    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 e-mail address of the person to whom applications should be addressed:
    JIM JOHNSTON
    110 W BERRY STREET SUITE 2401
    FORT WAYNE,IN46802
    (260) 461-6128
    bThe form in which applications should be submitted and information and materials they should include:
    A.COVER PAGE (ONE PAGE) (GRANT APPLICATION DOWNLOADED FROM THE ORGANIZATION'S WEBSITE) B.EXECUTIVE SUMMARY (ONE PAGE) C.PROPOSAL NARRATIVE 1.ORGANIZATIONAL MISSION 2.ORGANIZATIONAL HISTORY/OVERVIEW 3.NEEDS STATEMENT 4.PROJECT GOALS/OBJECTIVES 5.ANTICIPATED OUTCOMES 6.POPULATION SERVED 7.PROJECT DESCRIPTION/STRATEGIES/ACTIVITIES 8.PROJECT TIMELINE 9.ROLES, RESPONSIBILITIES, AND EXPERIENCE OF KEY PERSONNEL (INCLUDING PROJECT STAFF, ADMINISTRATION, AND CONSULTANTS, IF USED) 10.PARTNERSHIPS/COLLABORATIONS 11.EVALUATION PLAN 12.DISSEMINATION PLAN 13.SUSTAINABILITY PLAN D.REQUIRED ATTACHMENTS 1.IRS 501(C)(3) LETTER OF DETERMINATION 2.PROJECT BUDGET WITH BUDGET NARRATIVE 3.ORGANIZATIONAL OPERATING BUDGET 4.YTD FINANCIAL STATEMENTS 5.MOST RECENT FISCAL YEAR-END FINANCIAL STATEMENTS (AUDITED, IF AVAILABLE) 6.MOST RECENT IRS FORM 990 7.LIST OF OTHER FUNDERS 8.BOARD LIST (INCLUDING AFFILIATIONS, CONTACT INFORMATION, AND BOARD TERMS) 9.LETTERS OF COMMITMENT AND/OR SUPPORT
    cAny submission deadlines:
    MARCH 31ST AND AUGUST 31ST OF EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE SCHWAB FOUNDATIONS PRIMARY FOCUS IS ORGANIZATIONS AND PROGRAMS THAT SERVE STUDENTS IN MIDDLE AND HIGH SCHOOL IN ALLEN COUNTY. HOWEVER, THE FOUNDATION WILL ALSO CONSIDER PROGRAMS THAT SERVE STUDENTS IN THE FIVE CONTIGUOUS COUNTIES OF NOBLE, DEKALB, ADAMS, WELLS, HUNTINGTON, AND WHITLEY. APPLICANT AGENCIES MUST BE SCHOOLS, SCHOOL DISTRICTS, AND/OR 501(C)(3) ORGANIZATIONS AND AGENCIES.
    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
    FORT WAYNE URBAN LEAGUE
    2135 S HANNA STREET
    FORT WAYNE,IN46803     		  501(C)(3) 2014 GRANT 25,000
    YMCA OF GREATER FORT WAYNE
    347 W BERRY STREET
    FORT WAYNE,IN46802     		  501(C)(3) GRANT 8,477
    JUNIOR ACHIEVEMENT
    601 NOBLE DRIVE
    FORT WAYNE,IN46825     		  501(C)(3) GRANT 83,920
    NORTHEAST INDIANA FOUNDATION
    300 E MAIN STREET
    SUITE 210
    FORT WAYNE,IN46802     		  501(C)(3) GRANT 85,000
    REGION 8 EDUCATION
    251 W 850 N
    DECATUR,IN46733     		  GOVERNMENT GRANT 110,000
    SOUTHWEST ALLEN COUNTY SCHOOLS
    4824 HOMESTEAD ROAD
    FORT WAYNE,IN46814     		  GOVERNMENT GRANT 40,000
    IVY TECH FOUNDATION INC
    405 W COOK ROAD
    FORT WAYNE,IN46825     		  501(C)(3) 2014 GRANT 119,961
    ARTLINK
    300 E MAIN STREET
    FORT WAYNE,IN46802     		  501(C)(3) GRANT 4,790
    Total .................................bullet 3a 477,148
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 179,409  
    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 .............     		    18 207,056  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aBMO INVESTMENTS MISC REVENUE     1 764  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   387,229  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13387,229
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DULIN, WARD & DEWALD, INC. 1,815     1,815

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

    TY 2014 AmortizationSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    AMORTIZATION         35,597      

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BMO MULTI-ASSET INCOME-I 205,082 191,472
    DODGE & COX INCOME FUND 336,367 329,653
    FEDERATED ULTRASHORT BOND FUND 463,886 462,167
    PIMCO LOW DURATION FUND 36    
    POWERSHARES PREFERRED PORTFOLIO 212,176 211,557
    VANGUARD SHORT-TERM INVESTMENT 591,658 589,363

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 15,754 15,790
    ADT CORP 8,210 8,057
    ATRIA GROUP INC 17,143 44,019
    AMERICAN ELEC PWR INC 35,061 34,431
    AMERIPRISE FINANCIAL INC 33,179 31,233
    AMGEN INC 8,156 7,676
    APPLE INC 32,230 42,645
    ARCHER DANIELS MIDLAND CO 26,549 24,110
    AT&T INC 19,926 27,244
    AVERY DENNISON CORP 18,212 20,110
    BB&T CORPORATION    
    BOEING CO 36,731 38,148
    BRISTOL MYERS SQUIBB CO    
    CA INC 8,586 8,787
    CAPTIAL ONE FINANCIAL CORP    
    CARDINAL HEALTH INC    
    CATERPILLAR INC 16,820 13,995
    CENTERPOINT ENERGY INC 11,686 9,991
    CENTURYLINK INC 16,045 14,690
    CHEVERON CORPORATION 21,145 33,765
    CISCO SYSTEMS INC 43,082 46,682
    CMS ENERGY CORP    
    COACH INC 8,408 7,787
    COMCAST CORP - CL A 13,987 14,434
    CONOCOPHILIPS 26,663 29,170
    CORNING INC COM 10,395 9,865
    DIAMONDBACK ENERGY INC    
    DISCOVER FINL SVCS 5,853 8,643
    DONNELLEY RR & SONS CO    
    DOW CHEMICAL COMPANY 34,206 34,540
    DR PEPPER SNAPPLE GROUP INC 14,654 14,580
    DU PONT EI DE NEMOURS & CO    
    ENERGY CORP 10,635 10,575
    EXELON CORP 12,817 11,783
    FIFTH THIRD BANCORP 36,140 35,394
    FORD MTR CO DEL COM 12,430 12,008
    GAMESTOP CORP-A 6,750 8,592
    GANNETT INC 4,504 7,432
    GANNETT SPINCO INC 1,045 1,399
    GENERAL DYNAMICS CORP 12,388 14,169
    GENERAL ELECTRIC CORP    
    GENERAL MLS INC    
    GENERAL MOTORS CO    
    GLAXO SMITHKLINE SPONSORED    
    HELMERICH & PAYNE INC 16,935 14,084
    HEWLETT PACKARD CO    
    HOME DEPOT INC 15,554 22,226
    HONEYWELL INTERNATIONAL INC 9,273 10,197
    HUNTINGTON BANCSHARES INC 12,647 13,007
    INTEL CORP 27,435 34,217
    INTERNATIONAL BUSINESS MACHS CORP 28,946 28,554
    INTERNATIONAL PAPER CO    
    JOHNSON & JOHNSON 46,729 43,857
    JP MORGAN CHSE & CO 18,543 32,186
    KIMBERLY CLARK CORP    
    KINDER MORGAN INC 8,472 7,678
    KLA-TENCOR CORP    
    KOHLS CORP 15,939 15,652
    KRAFT FOODS GROUP INC    
    LEGGETT & PLATT INC 6,794 9,736
    LILLY ELI & CO 6,201 8,349
    LOCKHEED MARTIN CORP 8,167 9,295
    LORILLARD, INC    
    MACY'S INC 16,057 18,554
    MARATHON PETROLEUM CORPORATION    
    MEDTRONIC INC    
    MERCK & CO INC NEW 27,165 35,581
    MICROCHIP TECHNOLOGY INC 13,637 13,042
    MICROSOFT CORP 45,330 48,565
    NAVIENT CORP 26,955 27,315
    NETAPP INC    
    NORFOLK SOUTHERN CORP    
    NOVARTIS AG SPONSORED    
    OCCIDENTAL PETE CORP    
    OMNICOM GROUP 24,651 24,321
    PEPSICO INC 4,615 7,000
    PFIZER INC 37,580 53,648
    PG&E CORP 14,981 14,730
    PHILIP MORRIS INTERNATIONAL 13,365 12,025
    PHILLIPS 66 7,298 8,056
    PINNACLE WEST CAP CORP 19,796 19,911
    PNC FINANCIAL SERVICES GROUP 9,292 9,565
    PPL CORPORATION    
    PRINCIPAL FINANCIAL GROUP 10,595 10,258
    PROGRESSIVE CORP OHIO 8,469 8,349
    QUALCOMM INC    
    REYNOLDS AMERICA 9,332 9,706
    ROYAL DUTCH    
    SCHLUMBERGET LTD 8,779 8,619
    SEAGATE TECHNOLOGY PC 19,968 19,000
    SLM CORP    
    SPECTRA ENERGY CORP WI    
    T ROWE PRICE GROUP INC 9,464 9,328
    TARGET CORP COM 12,618 12,244
    TOTAL SA SPONSORED    
    TRAVELERS COMPANIES INC 9,901 9,666
    UNITED PARCEL SERVICE - CLASS B    
    UNION PAC CORP 13,575 11,921
    US BANCORP NEW 8,034 8,680
    VALERO ENERGY CORP 24,208 25,040
    VERIZON COMMUNICATIONS 40,509 46,610
    WASTE MANAGEMENT INTERNATIONAL 17,952 18,540
    WELLS FARGO & CO 35,718 39,368
    WESTERN DIGITAL CORP 11,396 10,195
    WYNDHAM WORLDWIDE CORP 8,635 8,191
    ARTISAN MID CAP VALUE FUND    
    BMO SMALL - CAP GROWTH FUND CLASS I    
    HARBOR CAPITAL APPRECIATION FUND 12 295,074 318,080
    ISHARES DJ SELECT DIVIDEND ETF 355,486 375,750
    ISHARES RUSSELL MIDCAP GRWTH ETF 48,281 84,259
    ISHARES RUSSELL MIDCAP VALUE ETF 133,435 221,280
    T ROWE PRICE DIVIDEND GROWTH FUND 174,394 217,288
    VANGUARD EQUITY INCOME FUND 288,181 356,513
    VANGUARD GROWTH PORTFOLIO 375,596 389,894
    WELLS FARGO ADV DISCOVERY FUND 48,935 72,509
    ABERDEEN EMERGING MARKETS 102,049 93,120
    ACE LIMITED    
    DEUTSCHE X-TRACKERS MSCI EAFE 247,981 234,970
    ENSCO PLC CL A    
    INVESCO LIMITED 7,398 7,498
    ISHARES MSC EMERGING MARKETS AISA 101,133 90,947
    LYONDELLBASEEL INDUSTRIES NV 33,334 41,408
    MEDTRONIC PLC 13,145 12,967
    MFS INTERNATIONAL VALUE FUND    
    MORGAN STANLEY INS 76,760 76,280
    OAKMARK INTERNATIONAL SMALL CAP FUND 77,176 70,988
    VANGUARD FTSE EMERGING MARKETS ETF 95,650 93,615
    WELLS FARGO ADVANTAGE EMERGING    
    HOST HOTELS & RESORTS, INC 24,340 19,830
    JPMORGAN ALERIAN MLP INDEX FUND    
    KIIMCO REALTY CORP 9,051 7,889
    CREDIT SUISSE COMMODITY RETURN    

    TY 2014 InvestmentsOtherSchedule2
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HARTFORD FLOATING RATE FUND AT COST 269,890 260,306
    GATEWAY FUND AT COST 300,682 304,165

    TY 2014 LegalFeesSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SHINE AND HARDIN 2,696     2,696


    TY 2014 OtherAssetsSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EDUCATION SOFTWARE COSTS - NET 380,753    
    WEBSITE - NET 5,641    


    TY 2014 OtherDecreasesSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    CONSULTING 40,000     40,000
    INVESTMENT FEES 34,154 34,154    
    OFFICE EXPENSE 2,400     2,400
    INSURANCE 1,074     1,074
    MEETING EXPENSE 317     317
    MEALS 284     284
    MISCELLANEOUS 215     215
    OFFICE SUPPLIES 155     155


    TY 2014 OtherIncomeSchedule2
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BMO INVESTMENTS MISC REVENUE 764    


    TY 2014 TaxesSchedule
    Name:
    OLIN B AND DESTA SCHWAB FOUNDATION
    C/O MICHAEL EARLS CPA
    EIN: 35-2284008
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 126