Form990-PF
Click to see attachment

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
Comer Science & Education Foundation
co Lawrence Richman

Number and street (or P.O. box number if mail is not delivered to street address)Two North LaSalle Street   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chicago, IL60602
A Employer identification number

36-4244783
B Telephone number (see instructions)

(312) 269-8070
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$118,361,465J 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).............. 333,619
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 166 166  
4 Dividends and interest from securities...... 447,363 447,363  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 169
b Gross sales price for all assets on line 6a 169
7 Capital gain net income (from Part IV, line 2)... 169
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 286,663
b Less: Cost of goods sold.... 330,001
c Gross profit or (loss) (attach schedule)..... Click to see attachment -43,338  
11 Other income (attach schedule)....... Click to see attachment 2,415,016 4,450  
12 Total. Add lines 1 through 11........ 3,152,995 452,148  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 41,975     41,975
14 Other employee salaries and wages...... 1,490,784     1,494,806
15 Pension plans, employee benefits....... 70,752     80,055
16a Legal fees (attach schedule)......... Click to see attachment 26,472     30,964
b Accounting fees (attach schedule)....... Click to see attachment 62,190 15,548   46,643
c Other professional fees (attach schedule).... Click to see attachment 18,706     18,141
17 Interest............... 731,972     731,972
18 Taxes (attach schedule) (see instructions)... Click to see attachment 60,687     79,312
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,723,887    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 35,519     36,839
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 2,141,028 701   2,089,285
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,403,972 16,249   4,649,992
25 Contributions, gifts, grants paid........ 1,520,518 529,144
26 Total expenses and disbursements. Add lines 24 and 25 7,924,490 16,249   5,179,136
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,771,495
b Net investment income (if negative, enter -0-) 435,899
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............... 132,030 99,144 99,144
2 Savings and temporary cash investments.......... 2,739,980 3,423,194 3,423,194
3 Accounts receivable bullet277,400
Less: allowance for doubtful accounts bullet   855,999 277,400 277,400
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 215,385 12,747 12,747
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet8,940,689
Less: allowance for doubtful accounts bullet   8,670,436 Click to see attachment8,940,689 8,940,765
8 Inventories for sale or use............... 536,474    
9 Prepaid expenses and deferred charges........... 45,956 30,198 30,198
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet68,492,553
Less: accumulated depreciation (attach schedule) bullet13,174,132 56,490,593 Click to see attachment55,318,421 55,318,421
15 Other assets (describe bullet) Click to see attachment53,791,404 Click to see attachment50,259,596 Click to see attachment50,259,596
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 123,478,257 118,361,389 118,361,465
Liabilities 17 Accounts payable and accrued expenses.......... 1,037,566 1,239,172
18 Grants payable.................. 1,237,719 819,434
19 Deferred revenue.................. 23,576 1,055
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 21,070,000 Click to see attachment21,070,000
22 Other liabilities (describe bullet) Click to see attachment7,100,000 Click to see attachment7,100,000
23 Total liabilities (add lines 17 through 22).......... 30,468,861 30,229,661
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 39,834,649 38,361,739
25 Temporarily restricted................ 53,174,747 49,769,989
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)...... 93,009,396 88,131,728
31 Total liabilities and net assets/fund balances (see instructions).. 123,478,257 118,361,389
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 93,009,396
2 Enter amount from Part I, line 27a..................... 2 -4,771,495
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 100,300
4 Add lines 1, 2, and 3.......................... 4 88,338,201
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 206,473
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 88,131,728
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.)
1a
b
c
d
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
b
c
d
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
b
c
d
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 2 169
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 6,357,529 2,188,516 2.90495
2012 8,259,603 1,804,823 4.57641
2011 10,428,911 7,442,239 1.40131
2010 10,015,090 8,281,700 1.20930
2009 9,556,494 8,848,918 1.07996
2 Total of line 1, column (d) ...................... 2 11.17194
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 2.23439
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,073,503
5 Multiply line 4 by line 3....................... 5 4,633,008
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,359
7 Add lines 5 and 6......................... 7 4,637,367
8 Enter qualifying distributions from Part XII, line 4.............. 8 5,179,136
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 4,359
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 4,359
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 4,359
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 30,751
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 30,751
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 26,392
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet26,392 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
 
No
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)
    bulletIL
    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 addressbulletN/A
    14
    The books are in care ofbulletVicki Kalnins Telephone no.bullet (262) 798-5080
    Located atbullet20875 Crossroads Circle 100WaukeshaWI ZIP+4bullet531864093
    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
     
    No
    .........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
     
    No
    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
     
    No
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    William T Schleicher Jr Secretary
    0.00     		0    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Guy Comer President
    20.00     		41,975 13,628  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Stephanie Comer Vice President
    0.00     		0    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Vicki Kalnins Treasurer
    0.00     		0    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    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
    Gregory Mooney Exec Director
    40.00     		205,374 23,540  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Alex Requena IT Manager
    40.00     		101,073 19,990  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Dan Schuch Dir Facility
    40.00     		102,511 18,890  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Ronald Stojak Snr Prog Dir
    40.00     		69,377    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Karen Powell Controller
    40.00     		78,192 7,234  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Total number of other employees paid over $50,000...................bullet 1
    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
    Diverse Facility Solutions Building Services 358,801
    6140 S Central Ave
    Chicago,IL60638
    T-Mobile Phone Services 125,726
    12920 SE 38th St
    Bellevue,WA98006
    Willis of Illinois Insurance Services 96,673
    233 S Wacher Dr 2000
    Chicago,IL60606
    The Delve Group Marketing Services 92,060
    122 W 26th St
    New York,NY10001
    IT Resources Inc IT Services 76,057
    701 W Randall St
    Coopersville,MI49404
    Total number of others receiving over $50,000 for professional services.............bullet1
    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  
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    2,105,079
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,105,079
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,105,079
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    31,576
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,073,503
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    103,675
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    103,675
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,359
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,359
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    99,316
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    99,316
    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
    99,316
    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
    5,179,136
    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
    5,179,136
    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
    4,359
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,174,777
    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 99,316
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 9,045,224
    b From 2010....... 8,764,778
    c From 2011....... 10,065,110
    d From 2012....... 8,165,491
    e From 2013....... 6,175,443
    fTotal of lines 3a through e......... 42,216,046
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 5,179,136
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 99,316
    e Remaining amount distributed out of corpus 5,079,820
    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 47,295,866
    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) ...     		9,045,224
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		38,250,642
    10 Analysis of line 9:
    a Excess from 2010.... 8,764,778
    b Excess from 2011.... 10,065,110
    c Excess from 2012.... 8,165,491
    d Excess from 2013.... 6,175,443
    e Excess from 2014.... 5,079,820
    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
    Paul Revere High School Scholarship
    1010 E 72nd Street
    Chicago,IL60619     		n/a PC General Support 1,981
    The CARA Program
    703 West Monroe Street
    Chicago,IL60661     		n/a PC General Support 5,000
    Ladder Up
    PO Box 061110
    Chicago,IL60606     		n/a PC General Support 3,000
    Teach for America
    820 N Orleans St Suite 320
    Chicago,IL60610     		n/a PC General Support 5,000
    Noble Network of Charter Schools
    1 North State Street 7-Lower
    Chicago,IL60602     		n/a PC General Support 185,287
    New Trier Tyro Society
    PO Box 133
    Winnetka,IL60093     		n/a PC General Support 3,000
    The Latin School of Chicago
    59 W North Blvd
    Chicago,IL60610     		n/a PC General Support 50,000
    South Oakwood Brookhaven Neighborho
    7228 S Dobson Ave
    Chicago,IL60619     		n/a PC General Support 1,000
    University of Arizona
    PO Box 3520
    Tucson,AZ85722     		n/a PC General Support 26,250
    Leadership Greater Chicago
    233 N Michigan Ave Suite 2420
    Chicago,IL60601     		n/a PC General Support 1,000
    Chicago Family Health Center
    3223 W 63rd St
    Chicago,IL60629     		n/a PC General Support 1,500
    Columbia College Chicago
    624 S Michigan Ave
    Chicago,IL60605     		n/a PC General Support 183,638
    Dartmouth College
    11 Rope Ferry Road HB 6210
    Hanover,NH03755     		n/a PC General Support 29,400
    Global Climate Change Foundation
    61 Route 9W
    Palisades,NY10964     		n/a PC General Support 119
    United Community Center
    1028 S 9th Street
    Milwaukee,WI53204     		n/a PC General Support 1,500
    University of Maine
    5717 Corbert Hall
    Orono,ME04469     		n/a PC General Support 82,024
    Gary Comer Youth Center
    20875 Crossroads Cir 100
    Waukesha,WI53186     		n/a PC General Support 1,260,000
    Total .................................bullet 3a 1,839,699
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 166  
    4 Dividends and interest from securities....     14 447,363  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......         750,000
    bNot debt-financed property.....     16 19,374 50,400
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		        169
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..         -43,338
    11 Other revenue: aChange in Beneficial Int     14 1,595,242  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   2,062,145 757,231
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,819,376
    (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.)
    5a Rental income received from Noble Network of Charter Schools ("NNCS"), a college preparatory charter school. NNCS established a high school campus and leased property owned by Gary Comer College Prep, a wholly owned subsidiary of Comer Science and Education Foundation ("CSEF") and the adjacent Youth Center, owned by Gary Comer Youth Center, LLC, also a wholly owned subsidiary of CSEF. By leasing this property to NNCS it furthers the mission of providing innovative programs in urban education.
    5b Rental income received from Noble Network of Charter Schools ("NNCS"), a college preparatory charter school. NNCS established a high school campus and leased property owned by Gary Comer College Prep, a wholly owned subsidiary of Comer Science and Education Foundation ("CSEF") and the adjacent Youth Center, owned by Gary Comer Youth Center, LLC, also a wholly owned subsidiary of CSEF. By leasing this property to NNCS it furthers the mission of providing innovative programs in urban education.
    10 Revere Community Housing Development, LLC ("RCHD") was established to support Revere Way, a comprehensive revitalization project designed to improve and stabilize the Grand Crossing neighborhood in Chicago. The project includes development of new, affordable homes. RCHD sells the newly built homes to qualified low income individuals for no profit.
    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: 14000265
    Software Version: 2014v5.0


    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
    Comer Science & Education Foundation
    co Lawrence Richman
    Employer identification number

    36-4244783
    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
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    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
     
     

    State Farm Mutual Auto Insurance Co  
    3 State Farm Plaza
     
    Bloomington, IL61791

    		$6,445


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

    21st Century Community Learning  
    4800 Maryland Ave
     
    Washington, DC20202

    		$68,423


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    Teen Reach  
    845 18th Street
     
    Charleston, IL61920

    		$52,578


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

    Upward Bound  
    950 E 61st Street Suite 053
     
    Chicago, IL60637

    		$97,843


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    Illinois Department of Agriculture  
    9511 Harrison St
     
    Des Plaines, IL60016

    		$12,008


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    Greencorps Chicago  
    445 N Sacremento Blvd
     
    Chicago, IL60612

    		$53,496


    (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
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    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
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    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: 14000265
    Software Version: 2014v5.0

    TY 2014 AccountingFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 62,190 15,548 0 46,643

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

    TY 2014 AmortizationSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    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
    Software 2014-12-31 571,207 538,161   11,043     549,204

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

    TY 2014 DepreciationSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    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
    Autos and Transportation 2014-12-31 37,315 24,125 200DB 5.00 % 5,276      
    Furniture and Fixtures 2014-12-31 1,497,620 1,222,757 200DB 3.57 % 60,894      
    Machinery & Equipment 2014-12-31 1,204,609 869,182 200DB 5.00 % 128,560      
    Site Improvements 2014-12-31 1,844,893 409,976 SL 0.83 % 122,993      
    Buildings 2014-12-31 52,909,835 8,193,581 SL 0.11 % 1,394,548      
    Improvements 2014-12-31 376,433 192,464 SL 0.83 % 573      

    TY 2014 GeneralExplanationAttachment
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF Statement Required by Regulations Section 53.4945-5d1. Nanyang Technological University. 65 Chulia Street, Singapore, SG 0495132. $10,000 paid on January 4, 2014 for general support of climate change research3. $10,000 of funds received spent by Nanyang Technological University4. All funds spent on intended purpose5. Final report filed on January 31, 2015. Report verified when recieved and all funds spent on intended purpose

    TY 2014 LandEtcSchedule2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 37,315 29,400 7,915 7,915
    Furniture and Fixtures 1,497,620 1,283,651 213,969 213,969
    Machinery and Equipment 1,204,609 997,743 206,866 206,866
    Buildings 52,909,835 9,567,302 43,342,533 43,342,533
    Improvements 2,221,326 746,832 1,474,494 1,474,494
    Land 10,050,641   10,050,641 10,050,641
    Miscellaneous 571,207 549,204 22,003 22,003


    TY 2014 LegalFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal 26,472 0 0 30,964


    TY 2014 MortgagesAndNotesPayableSch
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Total Mortgage Amount: 21070000

    Item No. 1
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 7944450
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 2
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 7099100
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 3
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 6026450
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  


    TY 2014 OtherAssetsSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Beneficial Interest in Charitable Lead 53,174,747 49,769,989 49,769,989
    Fee Reserve Account 517,355 431,396 431,396
    Net Intangible Assets 99,302 58,211 58,211


    TY 2014 OtherDecreasesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Advertising & Marketing 530     585
    Amortization 41,090      
    Bad Debt Expense 351,560     351,560
    Bank Fees 872     872
    Computer Expense 52,624     44,481
    Consulting Expense 276,160     263,457
    Custody Fees 606 606    
    Filing Fees 2,902     2,902
    Incentives 7,707     3,353
    Instruction Improvement 555     555
    Insurance Expense 85,495     81,360
    Internet Expense 420     420
    Management fees 86,000     86,000
    Meals & Entertainment 4,304     6,523
    Meetings & Seminars 2,470     2,470
    Miscellaneous Expense 9,438 95   9,588
    Office Supplies 8,423     7,962
    Other Job Costs 11,675     11,675
    Postage & Delivery 1,886     2,080
    Professional Dues & Subscriptions 1,417     1,417
    Program Expenses 333,619     356,363
    Recruiting and Hiring 3,040     3,599
    Rental Expenses 2,797     2,402
    Repairs & Maintenance 458,541     444,194
    Security 1,699     1,699
    Taxes & Licenses 426     426
    Telephone Expense 162,640     177,885
    Utilities 224,890     225,457
    Vacation Expense 7,242      


    TY 2014 OtherIncomeSchedule2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Change in Beneficial Int 1,595,242    
    Rental Income - Noninvestment Property 819,774 4,450  


    TY 2014 OtherLiabilitiesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Due to Charitable Lead Trust 7,100,000 7,100,000


    TY 2014 OtherNotesLoansRcvblShortSch2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Name of 501(c)(3) Organization Balance Due
     
          		8,767,339
     
          		139,353
     
          		33,997


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Other Professional Fees 18,706 0 0 18,141


    TY 2014 SalesOfInventoryList 
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    Proceeds 286,663 330,001 -43,338

    TY 2014 TaxesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Real Estate Taxes 60,672     79,297
    State Taxes 15     15