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
WINLEY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)100 NORTH VILLAGE AVE STE 35   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKVILLE CENTRE, NY115703712
A Employer identification number

52-1230146
B Telephone number (see instructions)

(845) 489-3373
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$19,607,200J 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...... 381,023 343,941  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 571,196
b Gross sales price for all assets on line 6a 5,579,958
7 Capital gain net income (from Part IV, line 2)... 571,196
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 79,991 79,991  
12 Total. Add lines 1 through 11........ 1,032,210 995,128  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 35,004 35,004    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,350 8,350    
c Other professional fees (attach schedule)....        
17 Interest............... 54 54    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,251      
19 Depreciation (attach schedule) and depletion... Click to see attachment 20    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 71,898 68,184    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 129,577 111,592   0
25 Contributions, gifts, grants paid........ 1,450,445 1,450,445
26 Total expenses and disbursements. Add lines 24 and 25 1,580,022 111,592   1,450,445
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -547,812
b Net investment income (if negative, enter -0-) 883,536
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............... 2,113 5,392 5,392
2 Savings and temporary cash investments.......... 127,684 167,284 167,284
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 8,087,868    
b Investments—corporate stock (attach schedule)........ 5,845,429 Click to see attachment6,037,472 10,294,874
c Investments—corporate bonds (attach schedule)........ 1,731,368 Click to see attachment9,036,522 9,139,650
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 bullet460
Less: accumulated depreciation (attach schedule) bullet431 49 Click to see attachment29  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,794,511 15,246,699 19,607,200
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 15,794,511 15,246,699
30 Total net assets or fund balances (see instructions)...... 15,794,511 15,246,699
31 Total liabilities and net assets/fund balances (see instructions).. 15,794,511 15,246,699
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 15,794,511
2 Enter amount from Part I, line 27a..................... 2 -547,812
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 15,246,699
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 15,246,699
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 FEDERAL HOME LN MTG CORP PARTN CTFS P 2010-08-17 2014-01-15
b MORGAN STANLEY FLTG RT GLOBAL NTS SE P 2012-02-08 2014-01-09
c FEDERAL HOME LN MTG CORP PARTN CTFS P 2011-08-11 2014-02-06
d MOSAIC CO NEW COM P 2009-10-16 2014-06-06
e AMERIPRISE FINL INC COM P 2012-06-21 2014-01-16
FEDERAL HOME LN MTG CORP PARTN CTFS P 2010-08-17 2014-02-18
BOTTLING GROUP LLC SENIOR NOTES 5.1 P 2009-01-15 2014-05-27
FEDERAL HOME LN MTG CORP PARTN CTFS P 2011-08-11 2014-01-07
MACYS INC COM P 2012-02-06 2014-11-04
AMERICAN EXPRESS COMPANY P 2011-03-16 2014-01-16
FEDERAL HOME LN MTG CORP PARTN CTFS P 2010-07-19 2014-01-15
FNMA GTD MTG PASS THRU CTFS POOL 9 P 2007-09-14 2014-02-18
KENTUCKY ASSET / LIABILITY COMMN GEN P 2011-08-24 2014-04-01
MACYS INC COM P 2012-02-06 2014-11-04
AMERICAN EXPRESS COMPANY P 2011-03-15 2014-01-16
FEDERAL HOME LN MTG CORP PARTN CTFS P 2010-07-19 2014-02-18
FNMA GTD MTG PASS THRU CTFS POOL 8 P 2007-09-14 2014-02-14
PEABODY ENERGY CORP COM P 2013-03-25 2014-03-21
LOWES COS INC COM P 2011-01-19 2014-03-21
LAZARD U.S. CORPORATE INCOME PORTFOL P 2007-09-14 2014-09-10
FNMA GTD MTG PASS THRU CTFS POOL 5 P 2007-09-14 2014-01-27
FNMA GTD MTG PASS THRU CTFS POOL 7 P 2007-09-14 2014-02-19
COMCAST CORP NEW CL A SPL P 2008-02-01 2014-01-16
LOWES COS INC COM P 2011-01-19 2014-01-16
FNMA GTD MTG PASS THRU CTFS POOL 5 P 2007-09-14 2014-02-25
FNMA GTD MTG PASS THRU CTFS POOL 5 P 2007-09-14 2014-02-14
CITIGROUP INC COM NEW P 2012-01-20 2014-02-24
KNOWLES CORP COM P 2009-10-21 2014-10-14
FNMA GTD MTG PASS THRU CTFS POOL 7 P 2007-09-14 2014-01-27
FEDERAL HOME LN MTG CORP PARTN CTFS P 2010-07-19 2014-02-19
CAPITAL ONE FINL CORP COM P 2012-03-19 2014-01-07
KNOWLES CORP COM P 2009-09-30 2014-10-14
FNMA GTD MTG PASS THRU CTFS POOL 7 P 2007-09-14 2014-02-25
FEDERAL HOME LN MTG CORP PARTN CTFS P 2010-08-17 2014-02-19
TJX COMPANIES INC (NEW) P 2011-05-19 2014-01-07
CONSOL ENERGY INC COM P 2014-03-21 2014-09-10
FNMA GTD MTG PASS THRU CTFS POOL 8 P 2007-09-14 2014-01-27
FNMA GTD MTG PASS THRU CTFS POOL A P 2013-05-01 2014-02-19
TJX COMPANIES INC (NEW) P 2011-05-19 2014-01-07
CONSOL ENERGY INC COM P 2014-03-21 2014-09-10
FNMA GTD MTG PASS THRU CTFS POOL 8 P 2007-09-14 2014-02-25
FNMA GTD MTG PASS THRU CTFS POOL A P 2013-05-01 2014-02-06
TJX COMPANIES INC (NEW) P 2010-05-20 2014-01-07
CONSOL ENERGY INC COM P 2013-03-19 2014-09-10
FNMA GTD MTG PASS THRU CTFS POOL 9 P 2007-09-14 2014-01-27
FNMA GTD MTG PASS THRU CTFS POOL A P 2013-05-01 2014-01-07
QUALCOMM INC P 2011-07-22 2014-06-06
CONSOL ENERGY INC COM P 2013-03-19 2014-09-09
FNMA GTD MTG PASS THRU CTFS POOL 9 P 2007-09-14 2014-02-25
FNMA GTD MTG PASS THRU CTFS POOL A P 2011-03-02 2014-02-18
QUALCOMM INC P 2010-12-07 2014-06-06
CONSOL ENERGY INC COM P 2013-03-19 2014-09-09
UNITED STATES TREAS NTS 1.750% 05/1 P 2014-04-02 2014-05-22
FNMA GTD MTG PASS THRU CTFS POOL A P 2011-03-02 2014-02-06
QUALCOMM INC P 2010-09-01 2014-06-06
CONSOL ENERGY INC COM P 2013-03-18 2014-09-09
UNITED STATES TREAS NTS 1.375% 06/3 P 2014-04-02 2014-05-22
FNMA GTD MTG PASS THRU CTFS POOL A P 2011-03-02 2014-01-07
MOSAIC CO NEW COM P 2009-10-16 2014-06-06
CONSOL ENERGY INC COM P 2013-03-18 2014-09-09
UNITED STATES TREAS NTS 4.000% 02/1 P 2014-04-02 2014-02-18
FEDERAL HOME LN MTG CORP PARTN CTFS P 2011-08-11 2014-02-18
MOSAIC CO NEW COM P 2010-05-27 2014-06-06
AMERIPRISE FINL INC COM P 2012-06-21 2014-09-09
(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 6,073   6,072 1
b 175,000   165,814 9,186
c 2,303   2,303  
d 9,731   10,382 -651
e 39,786   17,863 21,923
3,323   3,323  
136,970   121,033 15,937
1,945   1,945  
55,954   35,746 20,208
26,210   12,874 13,336
7,110   7,109 1
42,289   38,434 3,855
44,746   55,103 -10,357
145,885   92,939 52,946
30,579   15,293 15,286
6,972   6,972  
247,842   221,090 26,752
66,044   87,197 -21,153
118,581   58,769 59,812
157,000   158,862 -1,862
2,202   2,202  
189,640   185,610 4,030
72,026   25,595 46,431
48,194   24,487 23,707
3,119   3,119  
133,246   124,835 8,411
49,259   29,203 20,056
9,121   5,996 3,125
4,072   4,072  
273,668   268,637 5,031
127,517   92,220 35,297
4,054   2,549 1,505
5,101   5,101  
125,021   124,603 418
75,890   31,340 44,550
27,125   28,620 -1,495
4,148   4,148  
211,609   216,646 -5,037
75,890   31,340 44,550
2,876   3,066 -190
4,607   4,607  
1,812   1,812  
9,486   3,276 6,210
23,010   20,438 2,572
4,531   4,531  
9,509   9,509  
16,032   11,487 4,545
11,628   10,219 1,409
1,420   1,420  
215,680   207,950 7,730
58,115   35,422 22,693
15,663   13,626 2,037
51,817   51,827 -10
3,993   3,993  
80,159   40,001 40,158
23,494   20,934 2,560
1,354,339   1,366,284 -11,945
2,471   2,471  
39,011   41,528 -2,517
27,439   24,423 3,016
495,000   507,763 -12,763
218,409   217,414 995
31,625   29,382 2,243
112,587   45,933 66,654
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1
b       9,186
c        
d       -651
e       21,923
       
      15,937
       
      20,208
      13,336
      1
      3,855
      -10,357
      52,946
      15,286
       
      26,752
      -21,153
      59,812
      -1,862
       
      4,030
      46,431
      23,707
       
      8,411
      20,056
      3,125
       
      5,031
      35,297
      1,505
       
      418
      44,550
      -1,495
       
      -5,037
      44,550
      -190
       
       
      6,210
      2,572
       
       
      4,545
      1,409
       
      7,730
      22,693
      2,037
      -10
       
      40,158
      2,560
      -11,945
       
      -2,517
      3,016
      -12,763
      995
      2,243
      66,654
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 2 571,196
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 -39,830
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 1,361,149 19,548,094 0.069631
2012 1,394,604 18,989,369 0.073441
2011 1,354,704 18,880,737 0.071751
2010 1,355,431 18,770,806 0.072210
2009 1,030,000 17,874,106 0.057625
2 Total of line 1, column (d) ...................... 2 0.344658
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 0.068932
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 20,046,924
5 Multiply line 4 by line 3....................... 5 1,381,875
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,835
7 Add lines 5 and 6......................... 7 1,390,710
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,450,445
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 8,835
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 8,835
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 8,835
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 10,000
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 10,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 1,165
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,165 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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 addressbulletNONE
    14
    The books are in care ofbulletEDWARD J WALSH JR Telephone no.bullet (516) 442-5412
    Located atbullet100 NORTH VILLAGE AVE STE 35ROCKVILLE CENTRENY ZIP+4bullet115703712
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
     
    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
    CATHY LISS VICE PRESIDE
    3.00     		0 0 0
    900 PENNSYLVANIA AVENUE SE
    WASHINGTON,DC20003
    EDWARD J WALSH JR SECRETARY
    3.00     		0 0 0
    100 NORTH VILLAGE AVE STE 35
    ROCKVILLE CENTRE,NY115703712
    HEIDI PRESCOTT PRESIDENT
    3.00     		0 0 0
    700 PROFESSIONAL DRIVE STE A
    GAITHERSBURG,VA20041
    ANNA M BARONE TREASURER
    20.00     		35,004 0 0
    2028 GAMMON STREET
    CHARLESTON,SC29414
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    19,892,582
    b
    Average of monthly cash balances.......................
    1b
    459,596
    c
    Fair market value of all other assets (see instructions)................
    1c
    29
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,352,207
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    20,352,207
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    305,283
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,046,924
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,002,346
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,002,346
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    8,835
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,835
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    993,511
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    993,511
    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
    993,511
    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
    1,450,445
    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
    1,450,445
    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
    8,835
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,441,610
    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 7 993,511
    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....... 146,381
    b From 2010....... 426,029
    c From 2011....... 421,259
    d From 2012....... 455,928
    e From 2013....... 403,446
    fTotal of lines 3a through e......... 1,853,043
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,450,445
    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).........     		 
    d Applied to 2014 distributable amount..... 993,511
    e Remaining amount distributed out of corpus 456,934
    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 2,309,977
    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) ...     		146,381
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		2,163,596
    10 Analysis of line 9:
    a Excess from 2010.... 426,029
    b Excess from 2011.... 421,259
    c Excess from 2012.... 455,928
    d Excess from 2013.... 403,446
    e Excess from 2014.... 456,934
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ANNA M BARONE
    WINLEY FOUNDATION
    2517 ROUTE 44 SUITE 11-199
    SALT POINT,NY12578
    (845) 489-3373
    WINLEYFOUNDATION@AOL.COM
    bThe form in which applications should be submitted and information and materials they should include:
    TYPEWRITTEN REQUEST TO INCLUDE NAME OF APPLICANT, ADDRESS, TELEPHONE , CONTACT PERSON, REASON FOR REQUEST, CHARITABLE PURPOSE OF ORGANIZATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    HUMANE SOCIETY US
    700 PROFESSIONAL DRIVE
    SUITE A
    GAITHERSBURG,MD20879     		    FOR THE BENEFIT OF ANIMALS 400,000
    BORN FREE
    PO BOX 22505
    SACRAMENTO,CA95822     		    FOR THE BENEFIT OF ANIMALS 75,000
    ANIMAL WELFARE INSTITUTE
    900 PENNSYLVANIA AVE SE
    WASHINGTON,DC20003     		    FOR THE BENEFIT OF ANIMALS 400,000
    INTERNATIONAL PRIMATE PRO
    PO BOX 766
    SUMMERVILLE,SC29484     		    FOR THE BENEFIT OF ANIMALS 300,000
    HEART
    PO BOX 738
    MAMARONECK,NY10543     		    FOR THE BENEFIT OF ANIMALS 50,000
    CHIMP HAVEN INC
    13600 CHIMPANZEE PLACE
    KEITHVILLE,LA71047     		    FOR THE BENEFIT OF ANIMALS 30,000
    EQUINE RESCUE
    PO BOX 392
    WALDEN,NY12586     		    FOR THE BENEFIT OF ANIMALS 40,000
    FRIENDS OF WASHOE
    PO BOX 728
    ELLENSBURG,WA98926     		    FOR THE BENEFIT OF ANIMALS 18,000
    GLOBAL FEDERATION OF ANIMAL
    SANCTUARIES
    PO BOX 32294
    WASHINGTON,DC20007     		    FOR THE BENEFIT OF ANIMALS 70,000
    NYSHA
    PO BOX 3068
    KINGSTON,NY12402     		    FOR THE BENEFIT OF ANIMALS 7,445
    SPECIES SURVIVAL NETWORK
    125896 LIME KILN ROAD
    HIGHLAND,MD207779556     		    FOR THE BENEFIT OF ANIMALS 50,000
    WOODSTOCK FARM ANIMAL SANCTUARY
    PO BOX 1329
    WOODSTOCK,NY12498     		    FOR THE BENEFIT OF ANIMALS 10,000
    Total .................................bullet 3a 1,450,445
    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....     14 381,023  
    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 .............     		    18 571,196  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aWORLDCOM SEC LIT     14 187  
    bWOODRUFF FAIR FD CIVIL ACTI     14 15  
    cWACHOVIA SEC LIT     14 162  
    dCITIGROUP SEC LIT     14 816  
    eDELL SEC LIT     14 123  
    fLAZARD CORE FIXED K-1 INCOM     14 78,688  
    12 Subtotal. Add columns (b), (d), and (e)..   1,032,210  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,032,210
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 8,350 8,350    

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

    TY 2014 DepreciationSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    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
    2 TRESTLE TABLES 2000-01-01 75 75 S/L 7.0000        
    3 METAL FILE CABINETS & DESK CHAIR 2000-01-01 100 100 S/L 7.0000        
    PRINTER 2007-03-28 135 135 200DB 5.0000        
    COPIER - BROTHER 2011-10-10 150 101 200DB 5.0000 20      

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY    
    MORGAN STANLEY GROUP INC    
    CITIGROUP INC    
    GOLDMAN SACHS GROUP INC    
    BOTTLING GROUP LLC SR NT    
    VERIZON COMMUNICATIONS INC    
    JPMORGAN CHASE & CO    
    WELLS FARGO & CO    
    LAZARD US CORP INCOME PORT INST 894,494 904,546
    LAZARD CORE FIXED INCOME PORT-PTR 8,142,028 8,235,104

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CO 204,305 353,552
    CVS CAREMARK CORP 143,743 356,347
    CATERPILLAR INC 87,324 96,107
    COMCAST CORP SPECIAL CL A 99,365 362,659
    DOVER CORP 43,038 93,236
    INTEL CORP 96,314 147,700
    JOY GLOBAL INC 86,496 59,313
    KOHL'S CORP 143,624 155,652
    MCKESSON CORP 84,248 180,595
    MORGAN STANLEY 135,011 235,710
    QUALCOMM INC 141,211 172,817
    SYSCO CORP 86,828 107,163
    TEXAS INSTRUMENTS INC 85,063 139,009
    XEROX CORP 89,702 110,880
    WAL-MART STORES INC 177,195 292,421
    MICROSOFT CORP 91,397 157,930
    INTERCONTINENTALEXCHANGE GROUP    
    VIACOM INC CL B 116,878 184,362
    AT&T INC 75,787 100,770
    AMERIPRISE FINANCIAL INC 56,140 145,475
    CAPITAL ONE FINANCIAL CORP    
    CONSOL ENERGY INC    
    GOOGLE INC CL A COMMON STOCK 46,840 145,932
    GOOGLE INC CL C 46,750 144,760
    MACY'S INC    
    MASTERCARD INC 63,952 323,100
    REPUBLIC SERVICES INC CL A 92,749 130,813
    TYCO INTERNATIONAL PLC 181,347 192,107
    ROSS STORES INC 76,765 179,094
    TJX COMPANIES INC    
    BANK OF AMERICA CORP 88,088 127,913
    CHARLES SCHWAB CORP 141,165 147,931
    CITIGROUP INC 310,357 530,278
    HARTFORD FINANCIAL SERVICES GR INC 89,500 105,059
    INTERCONTINENTAL EXCHANGE INC 170,246 219,290
    REALOGY HOLDINGS CORP 92,941 111,225
    MOSAIC CO    
    LAZARD INTL EQUITY PORTFOLIO INSTL S 1,494,488 2,128,464
    EMC CORP    
    INTERNATIONAL BUSINESS MACHINE CORP 87,217 141,187
    APPLE INC 210,030 637,445
    AUTOZONE INC 42,434 95,962
    BOEING CO 43,429 84,487
    CISCO SYSTEMS INC 256,970 344,906
    CITRIX SYSTEMS INC 88,200 95,700
    EMC CORP 158,927 310,783
    HONEYWELL INTERNATIONAL INC 102,829 324,740
    LOWE'S COS INC    
    PEABODY ENERGY CORP    
    UNITED TECHNOLOGIES CORP 108,579 322,000

    TY 2014 LandEtcSchedule2
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 460 431 29  


    TY 2014 OtherExpensesSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT MANAGEMENT FEES 68,184 68,184    
    FILING FEES 750      
    OFFICE EXPENSE 153      
    POSTAGE & DELIVERY 507      
    INSURANCE 2,251      
    PENALTIES 53      


    TY 2014 OtherIncomeSchedule2
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    WORLDCOM SEC LIT 187 187  
    WOODRUFF FAIR FD CIVIL ACTION 15 15  
    WACHOVIA SEC LIT 162 162  
    CITIGROUP SEC LIT 816 816  
    DELL SEC LIT 123 123  
    LAZARD CORE FIXED K-1 INCOME 78,688 78,688  


    TY 2014 TaxesSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES ON NET INVESTMENT I 14,251