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
ALBERT F SCHENCK NO 8
 

Number and street (or P.O. box number if mail is not delivered to street address)PNC BANK NA 620 LIBERTY AVENUE 10   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705
A Employer identification number

23-6201895
B Telephone number (see instructions)

(412) 768-5898
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$2,227,594
J 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...... 49,032 49,032  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 125,793
b Gross sales price for all assets on line 6a 1,322,848
7 Capital gain net income (from Part IV, line 2)... 125,793
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 174,825 174,825  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 19,137 18,180   957
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 941 151   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,078 18,331 0 957
25 Contributions, gifts, grants paid........ 91,415 91,415
26 Total expenses and disbursements. Add lines 24 and 25 111,493 18,331 0 92,372
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 63,332
b Net investment income (if negative, enter -0-) 156,494
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 73,145 87,338 87,338
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)........ 742,844 Click to see attachment767,216 1,058,195
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)........... 1,009,506 Click to see attachment1,020,652 1,082,061
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,825,495 1,875,206 2,227,594
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 1,816,525 1,863,821
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 8,970 11,385
30 Total net assets or fund balances (see instructions)...... 1,825,495 1,875,206
31 Total liabilities and net assets/fund balances (see instructions).. 1,825,495 1,875,206
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 1,825,495
2 Enter amount from Part I, line 27a..................... 2 63,332
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,888,827
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 13,621
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,875,206
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 150. BAXTER INTERNATIONAL INC   2013-08-08 2014-01-01
b 296. FORD MTR CO DEL COM PAR $0.01   2013-07-22 2014-01-01
c 639. FORD MTR CO DEL COM PAR $0.01   2013-07-22 2014-01-01
d 6. ISHARES TR S&P SMLCAP 600   2013-10-31 2014-01-01
e 439. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP   2013-10-31 2014-01-01
60. BEST BUY INC   2013-09-19 2014-01-17
170. BEST BUY INC   2013-09-19 2014-01-17
195. EBAY INC   2012-06-27 2014-01-28
417. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2013-12-31 2014-01-31
136. CITIGROUP INC   2012-06-27 2014-02-07
169. CITIGROUP INC   2012-06-27 2014-02-07
180. OMNICARE INC   2013-12-12 2014-02-20
45. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-08-29 2014-02-20
14. SECTOR SPDR TR SBI CYCL TRANS   2013-10-31 2014-02-28
439. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP   2014-01-31 2014-02-28
75. NU SKIN ENTERPRISES INC   2013-12-17 2014-03-05
10. PROCTER & GAMBLE CO   2013-11-05 2014-03-05
80. PROCTER & GAMBLE CO   2013-01-29 2014-03-05
5. PROCTER & GAMBLE CO   2013-01-29 2014-03-05
60. CELGENE CORP   2013-08-29 2014-03-12
35. PVH CORP   2012-10-17 2014-03-12
50. PVH CORP   2012-10-17 2014-03-13
406.106 EAGLE SMALL CAP GROWTH FUND CL I   2012-06-27 2014-03-14
1151.278 THIRD AVENUE INTERNATL VALUE FUND 448   2012-06-27 2014-03-14
15. PPG INDS INC COM   2013-10-29 2014-03-19
15. PPG INDS INC COM   2013-10-29 2014-03-19
35. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115   2013-11-07 2014-03-20
100. CHUBB CORP COM   2012-06-27 2014-03-20
55. PPG INDS INC COM   2013-10-29 2014-03-20
25. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115   2013-11-07 2014-03-21
60. CHUBB CORP COM   2012-06-27 2014-03-21
220. HALLIBURTON CO   2013-05-01 2014-03-31
155. NIKE INC CL B   2013-03-13 2014-04-02
55. GOLDMAN SACHS GROUP INC COM   2013-01-22 2014-04-10
15. GOLDMAN SACHS GROUP INC COM   2013-01-22 2014-04-10
20. AETNA INC NEW   2013-05-30 2014-04-29
5. ALLERGAN INC   2012-06-27 2014-04-29
25. ALTRIA GROUP INC   2013-05-13 2014-04-29
10. AMERICAN EXPRESS CO   2012-06-27 2014-04-29
10. AMGEN INC   2014-01-17 2014-04-29
5. APPLE INC   2012-06-27 2014-04-29
10. B/E AEROSPACE INC   2013-05-02 2014-04-29
5. BECTON DICKINSON & CO   2013-03-13 2014-04-29
10. BOEING CO   2012-07-30 2014-04-29
15. CBS CORP CLASS B WI   2013-05-17 2014-04-29
15. CVS CAREMARK CORP   2013-02-21 2014-04-29
5. CHEVRON CORPORATION   2013-11-05 2014-04-29
5. CHEVRON CORPORATION   1994-03-15 2014-04-29
35. CISCO SYS INC COM   1999-04-28 2014-04-29
25. COCACOLA CO   2012-06-27 2014-04-29
20. COCA COLA ENTERPRISES   2014-03-06 2014-04-29
25. COMCAST CORPORATION CL A   2012-06-27 2014-04-29
10. CONOCOPHILLIPS   2013-08-27 2014-04-29
35. DELTA AIR LINES INC   2013-07-26 2014-04-29
20. DISNEY WALT CO   2014-02-20 2014-04-29
15. DISCOVER FINANCIAL W/I   2012-07-27 2014-04-29
10. EOG RES INC   2014-04-04 2014-04-29
10. EXXON MOBIL CORP   1970-03-10 2014-04-29
50. FIFTH THIRD BANCORP   2012-08-29 2014-04-29
20. FOOT LOCKER INC   2014-04-02 2014-04-29
15. FRANKLIN RES INC COM   2013-06-04 2014-04-29
70. GENERAL ELEC CO COM   2012-09-21 2014-04-29
10. HANESBRANDS INC - W/I   2014-03-14 2014-04-29
10. HELMERICH & PAYNE INC COM   2013-02-25 2014-04-29
15. HERSHEY FOODS CORP COM   2012-06-27 2014-04-29
10. HOME DEPOT INC COM   2012-06-27 2014-04-29
25. J P MORGAN CHASE & CO COM   2008-09-17 2014-04-29
15. JOHNSON & JOHNSON COM   1988-10-11 2014-04-29
10. LAS VEGAS SANDS CORP   2013-10-22 2014-04-29
15. LINCOLN NATIONAL CORP   2013-12-18 2014-04-29
5. LOCKHEED MARTIN CORP   2013-11-25 2014-04-29
10. MAGNA INTERNATIONAL ISIN CA5592224011   2013-12-31 2014-04-29
10. MANPOWER GROUP INC   2013-12-17 2014-04-29
5. MCKESSON HBOC INC COMMN   2013-12-17 2014-04-29
10. METHANEX CORP SEDOL 2654416   2013-11-18 2014-04-29
30. MICROSOFT CORP   2014-03-31 2014-04-29
35. ORACLE CORP   2013-11-26 2014-04-29
15. PACKAGING CORP OF AMERICA COM   2014-03-21 2014-04-29
5. POLARIS INDS INC   2012-06-27 2014-04-29
15. PROCTER & GAMBLE CO   2012-11-29 2014-04-29
15. QUALCOMM   2012-06-27 2014-04-29
20. QUANTA SVCS INC   2014-03-21 2014-04-29
65. REGIONS FINANCIAL CORP   2013-07-02 2014-04-29
10. ST JUDE MEDICAL INC   2014-02-20 2014-04-29
15. SCHLUMBERGER LTD COM   2014-03-31 2014-04-29
5. SHIRE PLC SPONSORED ADR   2013-11-05 2014-04-29
5. SHIRE PLC SPONSORED ADR   2013-08-20 2014-04-29
25. SKYWORKS SOLUTIONS INC COM   2014-03-20 2014-04-29
20. SUNTRUST BANKS INC COM   2014-02-07 2014-04-29
5. UNION PAC CORP COM   2012-06-27 2014-04-29
10. UNITED TECHNOLOGIES CORP COM   2012-06-27 2014-04-29
20. VERIZON COMMUNICATIONS COM   2013-05-15 2014-04-29
5. VISA INC CLASS A SHARES   2013-02-08 2014-04-29
35. WELLS FARGO & CO NEW COM   2012-06-27 2014-04-29
25. WISCONSIN ENERGY CORP   2012-06-27 2014-04-29
15. WYNDHAM WORLDWIDE CORP   2014-01-17 2014-04-29
25. YAHOO! INC COM   2013-07-22 2014-04-29
5. ZIMMER HOLDINGS INC   2014-03-12 2014-04-29
25. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76   2013-05-09 2014-04-29
5. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-08-30 2014-04-29
10. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6   2014-04-10 2014-04-29
15. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-29 2014-04-29
15. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2013-12-02 2014-04-29
1. ISHARES TR S&P SMLCAP 600   2014-01-31 2014-04-30
15. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-02-28 2014-04-30
324. SECTOR SPDR TR SBI CYCL TRANS   2013-10-31 2014-04-30
20. SECTOR SPDR TR SBI CYCL TRANS   2014-01-31 2014-04-30
610. FIFTH THIRD BANCORP   2012-07-26 2014-05-01
100. HERSHEY FOODS CORP COM   2012-06-27 2014-05-06
60. HERSHEY FOODS CORP COM   2012-06-27 2014-05-07
40. ALLERGAN INC   2012-06-27 2014-05-13
50. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-08-30 2014-05-13
315. COCACOLA CO   2012-06-27 2014-05-15
100. CHEVRON CORPORATION   1994-03-15 2014-05-22
71. METHANEX CORP SEDOL 2654416   2013-11-18 2014-06-03
69. METHANEX CORP SEDOL 2654416   2013-11-19 2014-06-04
135. B/E AEROSPACE INC   2013-05-01 2014-06-05
5. GOOGLE INC-CL C   2013-07-01 2014-06-05
15. GOOGLE INC-CL C   2012-06-27 2014-06-05
90. YAHOO! INC COM   2013-07-22 2014-06-25
110. YAHOO! INC COM   2013-07-22 2014-06-25
85. YAHOO! INC COM   2013-07-22 2014-06-25
205. ISHARES TR S&P SMLCAP 600   2013-10-31 2014-06-30
2. ISHARES TR S&P SMLCAP 600   2014-01-31 2014-06-30
381. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-02-28 2014-06-30
10. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP   2014-04-30 2014-06-30
30. SHIRE PLC SPONSORED ADR   2013-08-20 2014-07-11
25. SHIRE PLC SPONSORED ADR   2012-06-27 2014-07-11
70. SHIRE PLC SPONSORED ADR   2012-06-27 2014-07-18
55. ALLERGAN INC   2012-06-27 2014-07-22
301. ISHARES MSCI EAFE SMALL CAP ETF   2014-06-30 2014-07-31
205. SPDR S&P INTERNATIONAL SMALL CAP   2014-06-30 2014-07-31
424. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP   2014-04-30 2014-07-31
215. FRANKLIN RES INC COM   2013-06-04 2014-08-05
95. ZIMMER HOLDINGS INC   2014-03-12 2014-08-07
120. LAS VEGAS SANDS CORP   2013-10-22 2014-08-12
140. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2   2014-05-22 2014-08-12
71. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2   2014-05-22 2014-08-13
29. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2   2014-05-22 2014-08-13
15. HELMERICH & PAYNE INC COM   2013-02-25 2014-08-28
5. HELMERICH & PAYNE INC COM   2013-02-25 2014-08-28
51. MICROSOFT CORP   2014-02-07 2014-08-28
90. MICROSOFT CORP   2014-03-31 2014-08-28
34. MICROSOFT CORP   2014-02-07 2014-08-28
15. MICROSOFT CORP   1994-03-15 2014-08-28
28. SECTOR SPDR TR SBI BASIC INDS   2014-06-30 2014-08-29
229. SECTOR SPDR TR SBI INT-ENERGY   2014-07-31 2014-08-29
210. DELTA AIR LINES INC   2013-07-25 2014-09-11
120. UNITED TECHNOLOGIES CORP COM   2012-06-27 2014-09-11
4. SUNTRUST BANKS INC COM   2014-02-07 2014-09-12
92. SUNTRUST BANKS INC COM   2014-02-07 2014-09-12
65. SUNTRUST BANKS INC COM   2014-02-07 2014-09-12
15. SUNTRUST BANKS INC COM   2014-02-10 2014-09-15
14. SUNTRUST BANKS INC COM   2014-02-10 2014-09-15
40. SUNTRUST BANKS INC COM   2014-02-10 2014-09-15
40. CROWN HOLDINGS INC   2014-06-09 2014-09-19
160. CROWN HOLDINGS INC   2014-06-05 2014-09-22
34. CBS CORP CLASS B WI   2013-05-15 2014-09-25
141. CBS CORP CLASS B WI   2013-05-15 2014-09-25
185. ORACLE CORP   2013-10-21 2014-09-30
95. ORACLE CORP   2012-06-27 2014-09-30
175. ORACLE CORP   2012-06-27 2014-09-30
95. COCA COLA ENTERPRISES   2014-03-05 2014-10-13
20. EOG RES INC   2014-03-31 2014-10-13
40. EOG RES INC   2013-07-25 2014-10-13
15. MANPOWER GROUP INC   2013-12-18 2014-10-13
30. MANPOWER GROUP INC   2014-07-22 2014-10-13
155. COCA COLA ENTERPRISES   2014-03-05 2014-10-14
115. MANPOWER GROUP INC   2013-11-01 2014-10-14
15102.57 DODGE & COX INCOME FUND   2012-06-27 2014-10-23
18352.017 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2012-06-27 2014-10-23
2868.226 PIMCO UNCONSTRAINED BOND FUND INSTITUTIONAL CLASS   2013-07-01 2014-10-23
2318.658 EATON VANCE FLOATING RATE FUND CLASS I   2012-07-31 2014-10-31
463.509 TEMPLETON GLOBAL BOND FUND AD FUND   2012-07-31 2014-10-31
120. HELMERICH & PAYNE INC COM   2013-02-25 2014-11-17
452. SECTOR SPDR TR SBI BASIC INDS   2014-06-30 2014-12-01
18. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2014-12-01
28. SECTOR SPDR TR SBI INT-TECH   2014-07-31 2014-12-01
249. QUANTA SVCS INC   2014-03-20 2014-12-12
6. QUANTA SVCS INC   2014-03-20 2014-12-12
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 10,367   11,007 -640
b 4,544   5,042 -498
c 9,763   10,602 -839
d 657   624 33
e 22,879   21,432 1,447
1,500   2,343 -843
4,250   6,638 -2,388
10,337   8,261 2,076
23,349   23,142 207
6,658   4,465 2,193
8,305   4,596 3,709
10,693   10,630 63
7,668   3,951 3,717
937   891 46
22,930   21,987 943
5,809   10,002 -4,193
777   817 -40
6,219   6,003 216
389   375 14
9,465   8,544 921
4,268   3,429 839
5,829   4,897 932
24,123   15,886 8,237
22,369   16,847 5,522
2,960   2,763 197
2,928   2,763 165
5,295   5,096 199
8,562   7,078 1,484
10,711   9,994 717
3,778   3,640 138
5,163   4,247 916
12,954   9,260 3,694
11,560   8,470 3,090
8,611   8,079 532
2,348   2,189 159
1,415   1,251 164
833   456 377
1,004   925 79
878   568 310
1,120   1,191 -71
2,965   2,867 98
857   635 222
564   454 110
1,281   749 532
861   766 95
1,108   778 330
634   593 41
634   110 524
810   994 -184
1,014   952 62
910   955 -45
1,287   779 508
750   663 87
1,278   760 518
1,569   1,584 -15
840   539 301
1,004   981 23
1,017   24 993
1,022   756 266
931   961 -30
776   771 5
1,868   1,585 283
812   747 65
1,081   645 436
1,442   1,043 399
797   515 282
1,399   939 460
1,518   81 1,437
782   726 56
719   759 -40
812   709 103
980   820 160
801   837 -36
839   792 47
634   648 -14
1,218   1,240 -22
1,409   1,228 181
977   1,082 -105
662   343 319
1,238   1,044 194
1,183   824 359
694   739 -45
654   643 11
634   678 -44
1,534   1,465 69
829   690 139
829   571 258
1,033   977 56
757   760 -3
949   574 375
1,181   741 440
935   1,070 -135
1,017   788 229
1,729   1,141 588
1,201   989 212
1,070   1,116 -46
884   700 184
493   485 8
882   825 57
680   439 241
1,026   992 34
874   853 21
883   642 241
106   105 1
870   898 -28
20,591   20,618 -27
1,271   1,257 14
12,431   8,721 3,710
9,605   6,953 2,652
5,798   4,172 1,626
6,463   3,646 2,817
6,482   4,387 2,095
12,794   11,994 800
12,377   2,203 10,174
4,080   4,589 -509
3,943   4,417 -474
13,305   8,521 4,784
2,769   2,224 545
8,307   4,284 4,023
2,990   2,520 470
3,646   3,080 566
2,826   2,380 446
22,894   21,307 1,587
223   210 13
23,206   22,819 387
541   530 11
7,448   3,417 4,031
6,207   2,140 4,067
18,020   5,916 12,104
9,413   5,013 4,400
15,427   15,940 -513
7,085   7,237 -152
22,082   22,455 -373
11,454   11,046 408
9,065   9,210 -145
8,143   8,711 -568
5,445   5,465 -20
2,743   2,772 -29
1,121   1,132 -11
1,548   968 580
516   323 193
2,284   1,864 420
4,031   3,721 310
1,523   1,243 280
672   40 632
1,413   1,390 23
22,497   22,303 194
8,304   4,531 3,773
13,017   8,892 4,125
156   152 4
3,599   3,497 102
2,546   2,459 87
587   567 20
547   529 18
1,566   1,512 54
1,864   2,021 -157
7,367   8,007 -640
1,839   1,729 110
7,617   7,082 535
7,076   6,323 753
3,634   2,686 948
6,702   4,948 1,754
3,885   4,519 -634
1,715   1,961 -246
3,429   2,936 493
921   1,254 -333
1,842   2,474 -632
6,217   7,348 -1,131
6,962   9,193 -2,231
209,926   206,497 3,429
200,588   207,989 -7,401
32,268   32,377 -109
20,891   21,044 -153
6,146   6,067 79
9,361   7,718 1,643
21,958   22,434 -476
1,252   1,148 104
1,178   1,114 64
6,685   9,151 -2,466
163   218 -55
      17,129
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       -640
b       -498
c       -839
d       33
e       1,447
      -843
      -2,388
      2,076
      207
      2,193
      3,709
      63
      3,717
      46
      943
      -4,193
      -40
      216
      14
      921
      839
      932
      8,237
      5,522
      197
      165
      199
      1,484
      717
      138
      916
      3,694
      3,090
      532
      159
      164
      377
      79
      310
      -71
      98
      222
      110
      532
      95
      330
      41
      524
      -184
      62
      -45
      508
      87
      518
      -15
      301
      23
      993
      266
      -30
      5
      283
      65
      436
      399
      282
      460
      1,437
      56
      -40
      103
      160
      -36
      47
      -14
      -22
      181
      -105
      319
      194
      359
      -45
      11
      -44
      69
      139
      258
      56
      -3
      375
      440
      -135
      229
      588
      212
      -46
      184
      8
      57
      241
      34
      21
      241
      1
      -28
      -27
      14
      3,710
      2,652
      1,626
      2,817
      2,095
      800
      10,174
      -509
      -474
      4,784
      545
      4,023
      470
      566
      446
      1,587
      13
      387
      11
      4,031
      4,067
      12,104
      4,400
      -513
      -152
      -373
      408
      -145
      -568
      -20
      -29
      -11
      580
      193
      420
      310
      280
      632
      23
      194
      3,773
      4,125
      4
      102
      87
      20
      18
      54
      -157
      -640
      110
      535
      753
      948
      1,754
      -634
      -246
      493
      -333
      -632
      -1,131
      -2,231
      3,429
      -7,401
      -109
      -153
      79
      1,643
      -476
      104
      64
      -2,466
      -55
       
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 2 125,793
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 80,608 1,981,607 0.040678
2012 80,107 1,852,973 0.043232
2011 47,783 1,753,527 0.02725
2010 44,768 1,648,638 0.027155
2009      
2 Total of line 1, column (d) ...................... 2 0.138315
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 0.034579
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,140,924
5 Multiply line 4 by line 3....................... 5 74,031
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,565
7 Add lines 5 and 6......................... 7 75,596
8 Enter qualifying distributions from Part XII, line 4.............. 8 92,372
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 1,565
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,565
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,565
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,580
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,580
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet15 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPNC BANK Telephone no.bullet (412) 768-5898
    Located atbullet620 LIBERTY AVENUE 10TH FLOORPITTSBURGHPA ZIP+4bullet152222705
    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
     
     
    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
    PNC BANK NA TRUSTEE
    4
    19,137    
    620 LIBERTY AVENUE
    PITTSBURGH,PA15222
    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 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    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
    2,173,527
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,173,527
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,173,527
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    32,603
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,140,924
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    107,046
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    107,046
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    1,565
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,565
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    105,481
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    105,481
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    105,481
    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
    92,372
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    92,372
    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
    1,565
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    90,807
    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 7 105,481
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 91,161
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 92,372
    a Applied to 2013, but not more than line 2a 91,161
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions).........
    0
    d Applied to 2014 distributable amount..... 1,211
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    104,270
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 0
    e Excess from 2014.... 0
    Form 990-PF (2014)
    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
    GERMANTOWN HOME
    6970 GERMANTOWN AVENUE
    PHILADELPHIA,PA19119
    NONE PC GENERAL SUPPORT 91,415
    Total .................................bullet 3a 91,415
    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 49,032  
    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 .............
        18 125,793  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   174,825  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13174,825
    (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 InvestmentsCorpStockSchedule
    Name:
    ALBERT F SCHENCK NO 8
    EIN: 23-6201895
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCK 767,216 1,058,195

    TY 2014 InvestmentsOtherSchedule2
    Name:
    ALBERT F SCHENCK NO 8
    EIN: 23-6201895
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 596,244 592,958
    MUTUAL FUNDS - EQUITY AT COST 424,408 489,103

    TY 2014 OtherDecreasesSchedule
    Name:
    ALBERT F SCHENCK NO 8
    EIN: 23-6201895
    Description Amount
       
       


    TY 2014 TaxesSchedule
    Name:
    ALBERT F SCHENCK NO 8
    EIN: 23-6201895
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 94 94   0
    FEDERAL ESTIMATES - PRINCIPAL 790 0   0
    FOREIGN TAXES ON QUALIFIED FOR 57 57   0