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
JOHN R OLTMAN CHARITABLE FOUNDATION
C/O BRYAN T PITSTICK

Number and street (or P.O. box number if mail is not delivered to street address)MCGLADREY LLP 20 N MARTINGALE RD NO500Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SCHAUMBURG, IL601732420
A Employer identification number

36-4054942
B Telephone number (see instructions)

(847) 517-7070
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$1,043,553J 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 8,309 8,309  
4 Dividends and interest from securities...... 16,818 16,746  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 26,626
b Gross sales price for all assets on line 6a 230,047
7 Capital gain net income (from Part IV, line 2)... 26,626
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).......      
12 Total. Add lines 1 through 11........ 51,753 51,681  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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 200 65   135
c Other professional fees (attach schedule).... Click to see attachment 7,554 7,554   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,164 264   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 155 130   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,073 8,013   150
25 Contributions, gifts, grants paid........ 46,384 46,384
26 Total expenses and disbursements. Add lines 24 and 25 56,457 8,013   46,534
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,704
b Net investment income (if negative, enter -0-) 43,668
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............... 10,122 12,943 12,793
2 Savings and temporary cash investments.......... 77,353 105,007 105,007
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)      
b Investments—corporate stock (attach schedule)........ 820,390 Click to see attachment779,460 924,674
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,069 Click to see attachment1,079 Click to see attachment1,079
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 908,934 898,489 1,043,553
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment5,741 Click to see attachment0
23 Total liabilities (add lines 17 through 22).......... 5,741 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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 903,193 898,489
30 Total net assets or fund balances (see instructions)...... 903,193 898,489
31 Total liabilities and net assets/fund balances (see instructions).. 908,934 898,489
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)............... 1 903,193
2 Enter amount from Part I, line 27a..................... 2 -4,704
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 898,489
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 898,489
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 HARRIS BANK #0924 - CAP GAIN DISTRIBUTION P 2012-01-01 2014-12-31
b HARRIS BANK #0924 - SHORT TERM   2014-01-01 2014-12-31
c HARRIS BANK #0924 - WASH SALE ADJUSTMENT   2014-01-01 2014-12-31
d HARRIS BANK #0924 - LONG TERM   2012-01-01 2014-12-31
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 4,448     4,448
b 62,629   65,790 -3,161
c 1,656     1,656
d 161,314   137,631 23,683
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       4,448
b       -3,161
c       1,656
d       23,683
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 26,626
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 52,648 1,007,498 0.052256
2012 46,703 961,979 0.048549
2011 34,442 953,201 0.036133
2010 35,473 918,245 0.038631
2009 24,532 838,250 0.029266
2 Total of line 1, column (d) ...................... 2 0.204835
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 0.040967
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 1,043,082
5 Multiply line 4 by line 3....................... 5 42,732
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 437
7 Add lines 5 and 6......................... 7 43,169
8 Enter qualifying distributions from Part XII, line 4.............. 8 46,534
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 1 437
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........................... 3 437
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- ..... 5 437
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,006
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 1,006
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 569
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet569 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBRYAN T PITSTICK Telephone no.bullet (847) 517-7070
    Located atbullet20 NORTH MARTINGALE ROAD SUITE 500SCHAUMBURGIL ZIP+4bullet601732420
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JOHN R OLTMAN PRES/TREAS
    1.00     		0 0 0
    PO BOX 113
    MT OLIVE,IL62059
    DON GOLDACKER DIRECTOR
    0.00     		0 0 0
    53 RUSHMOOR DRIVE
    GLEN CARBON,IL62034
    JAN OLTMAN SECRETARY
    1.00     		0 0 0
    PO BOX 113
    MT OLIVE,IL62059
    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 N/A 0
    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 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    971,377
    b
    Average of monthly cash balances.......................
    1b
    87,590
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,058,967
    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
    1,058,967
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    15,885
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,043,082
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    52,154
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    52,154
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    437
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    437
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    51,717
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    51,717
    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
    51,717
    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
    46,534
    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
     
    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
    46,534
    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
    437
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    46,097
    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 51,717
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 46,032
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 46,534
    a Applied to 2013, but not more than line 2a 46,032
    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..... 502
    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 ..........     		51,215
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    JOHN R OLTMAN
    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:
    JOHN R OLTMAN
    PO BOX 113
    MT OLIVE,IL62059
    (312) 932-9007
    bThe form in which applications should be submitted and information and materials they should include:
    NO FORMAL APPLICATION EXISTS. A LETTER REQUESTING A CONTRIBUTION IS SUFFICIENT.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CONTRIBUTIONS ARE MADE ONLY TO ORGANIZATIONS QUALIFYING UNDER IR SECTION 170(C).
    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
    202020
    420 FIFTH AVENUE 27TH FLOOR
    NEW YORK,NY10018     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    ALZHEIMERS ASSOCIATION
    8430 W BRYN MAWR SUITE 800
    CHICAGO,IL60631     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 200
    AMERICAN CANCER SOCIETY
    250 WILLIAMS STREET NW
    ATLANTA,GA30303     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 30
    AMERICAN DIABETES ASSOCIATION
    55 E MONROE ST 3420
    CHICAGO,IL60603     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENUE
    DALLAS,TX75231     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 250
    AMERICAN LUNG ASSOCIATION
    1301 PENNSYLVANIA AVE NW SUITE 800
    WASHINGTON,DC20004     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 40
    AMERICAN MACULAR DEGENERATION FOUNDATION
    PO BOX 515
    NORTHAMPTON,MA01061     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 1,000
    AMERICAN RED CROSS
    2200 W HARRISON STREET
    CHICAGO,IL60612     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 200
    AMERICAN'S VET DOGS
    371 EAST JERICHO TURNPIKE
    SMITHTOWN,NY11787     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 40
    ANIMAL LEGAL DEFENSE
    170 EAST COTATI AVENUE
    COTATI,CA94931     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 40
    ASPCA
    424 E 92ND ST
    NEW YORK,NY10128     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    AUGUSTANA CARE
    1007 EAST FOURTEENTH STREET
    MINNEAPOLIS,MN55404     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 1,000
    BEAVER CREEK RELIGIOUS FOUNDATION
    33 ELK TRACK ROAD
    AVON,CO81620     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 1,000
    BEST FRIENDS
    1628 N ELSTON AVE
    CHICAGO,IL60642     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    BETHESDA LUTHERAN COMMUNITIES
    600 HOFFMANN DRIVE
    WATERTOWN,WI53094     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 1,000
    BOYS TOWN OF JERUSALEM
    1 PENN PLAZA SUITE 6250
    NEW YORK,NY10119     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 1,000
    BRIGHT FOCUS FOUNDATION
    22512 GATEWAY CENTER DRIVE
    CLARKSBURG,MD20871     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 500
    BURN RESCUE
    420 FIFTH AVENUE 27TH FLOOR
    NEW YORK,NY10018     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 200
    CARE
    151 ELLIS STREET NE
    ATLANTA,GA30303     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    CASA OF COOK COUNTY
    1100 S HAMILTON AVE SUITE 8-W
    CHICAGO,IL60612     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 250
    CATHOLIC RELIEF SERVICES
    770 N HALSTED STREET
    CHICAGO,IL60642     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    CHRISTOPHER & DANA REEVE FOUNDATION
    636 MORRIS TURNPIKE SUITE 3A
    SHORT HILLS,NJ07078     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    COMPANION ANIMAL PROTECTION SOCIETY (CAPS)
    759 CJC HWY 332
    COHASSET,MA02025     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    COVENANT HOUSE
    461 EIGHTH AVENUE
    NEW YORK,NY10001     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 30
    DENVER RESCUE MISSION
    3501 E 46TH AVE
    DENVER,CO80216     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 20
    DISABLED AMERICAN VETERANS
    3725 ALEXANDRIA PIKE
    COLD SPRING,KY41076     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 40
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE 2ND FLOOR
    NEW YORK,NY10001     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    DORIS DAY ANIMAL LEAGUE
    2100 L ST NW
    WASHINGTON,DC20037     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 30
    EAGLE VALLEY ASSISTANCE FUND
    P O BOX 4711
    AVON,CO81620     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 300
    EAGLE VALLEY LAND TRUST
    51 EAGLE RD 1
    AVON,CO81620     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    EAGLE VALLEY SENIOR LIFE
    PO BOX 394
    MINTURN,CO81645     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 300
    EASTER SEALS
    233 SOUTH WACKER DR SUITE 2400
    CHICAGO,IL60606     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 30
    FOOD FOR THE POOR
    6401 LYONS ROAD
    COCONUT CREEK,FL33073     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    FRANCISCAN FRIARS OF THE ATONEMENT
    PO BOX 301
    GARRISON,NY10524     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 25
    FRIENDS OF ANIMALS UTAH
    6699 N LANDMARK DR SUITE B-103
    PARK CITY,UT84098     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    FRIENDS OF VAIL MOUNTAIN RESCUE
    PO BOX 1597
    VAIL,CO81658     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 500
    GENTLE GIANTS
    4867 PEDLEY AVENUE
    NORCO,CA92860     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    GUIDING EYES FOR THE BLIND
    611 GRANITE SPRINGS RD
    YORKTOWN HEIGHTS,NY10598     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    HABITAT FOR HUMANITY
    270 PEACHTREE STREET NW SUITE 1300
    ATLANTA,GA30303     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    HOSPICE OF THE VALLEY
    1510 E FLOWER STREET
    PHOENIX,AZ85014     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 200
    HUMANE SOCIETY OF THE UNITED STATES
    2100 L ST NW
    WASHINGTON,DC20037     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 350
    IN DEFENSE OF ANIMALS
    3010 KERNER BLVD
    SAN RAFAEL,CA94901     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    KELLOGG SCHOOL OF MANAGEMENT
    2169 CAMPUS DRIVE
    EVANSTON,IL60208     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 750
    KINDNESS RANCH
    854 STATE HIGHWAY 270
    HARTVILLE,WY82215     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    LAST CHANCE FOR ANIMALS
    8033 SUNSET BLVD 835
    LOS ANGELES,CA90046     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    MAKE-A-WISH COLORADO
    7951 E MAPLEWOOD AVENUE
    GREENWOOD VILLAGE,CO80111     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    MARCH OF DIMES
    111 WEST JACKSON BLVD SUITE 1650
    CHICAGO,IL60604     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 40
    MARYKNOLL FATHERS AND BROTHERS
    PO BOX 304
    MARYKNOLL,NY10545     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    MT OLIVE ACADEMIC FOUNDATION
    P O BOX 159
    MT OLIVE,IL62069     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 1,250
    NATIONAL ANTI VIVISECTION SOCIETY
    53 W JACKSON BLVD
    CHICAGO,IL60604     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    NATIONAL FEDERATION FOR THE BLIND
    200 EAST WELLS STREET
    BALTIMORE,MD21230     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    NATIONAL JEWISH HEALTH
    1400 JACKSON STREET
    DENVER,CO80206     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 200
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    525 WEST MONROE STREET
    CHICAGO,IL60661     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 500
    NATIONAL WILDLIFE FEDERATION
    P O BOX 1583
    MERRIFIELD,VA22116     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 30
    NATURE CONSERVANCY
    4245 NORTH FAIRFAX DRIVE SUITE 100
    ARLINGTON,VA22203     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 30
    NORTH SHORE ANIMAL LEAGUE
    25 DAVIS AVE
    PORT WASHINGTON,NY11050     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    OXFAM AMERICA
    226 CAUSEWAY STREET
    BOSTON,MA02114     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    PARALYZED VETERANS OF AMERICA
    801 EIGHTEENTH STREET NW
    WASHINGTON,DC20006     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    PETA
    501 FRONT STREET
    NORFOLK,VA23510     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    PHYSICIAN'S COMMITTEE
    5100 WISCONSIN AVE NW SUITE 400
    WASHINGTON,DC20016     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 20
    PLANNED PARENTHOOD
    434 WEST 33RD STREET
    NEW YORK,NY10001     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 20
    PROSTATE CANCER FOUNDATION
    1250 FOURTH STREET
    SANTA MONICA,CA90401     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 150
    RED ROVER
    PO BOX 188890
    SACRAMENTO,CA95818     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    ROUNDUP RIVER RANCH
    10 W BEAVER CREEK BLVD SUITE 250
    AVON,CO81620     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 2,500
    SALESIAN MISSIONS
    2 LEFEVRE LANE
    NEW ROCHELLE,NY10801     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    SALVATION ARMY
    615 SLATERS LANE
    ALEXANDRIA,VA22313     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    SAVE THE CHILDREN
    54 WILTON ROAD
    WESTPORT,CT06880     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    SHRINERS HOSPITAL FOR CHILDREN
    2211 N OAK PARK AVE
    CHICAGO,IL60707     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    SIERRA CLUB
    70 E LAKE STREET
    CHICAGO,IL60601     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    SMILE TRAIN
    41 MADISON AVE 28TH FLOOR
    NEW YORK,NY10010     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 40
    ST JUDES RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 500
    STEADMAN HAWKINS SPORTS MED FOUNDATION
    181 W MEADOW DR
    VAIL,CO81657     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 2,500
    THE LAM FOUNDATION
    4015 EXECUTIVE PARK DR SUITE 320
    CINCINNATI,OH45241     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 500
    THE LITERACY PROJECT
    15 BANK ROW SUITE C
    GREENFIELD,MA01301     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 200
    THE SEEING EYE
    10 WASHINGTON VALLEY ROAD
    MORRISTOWN,NJ07963     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    UNICEF
    500 N MICHIGAN AVE 1000
    CHICAGO,IL60611     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    UNIVERSITY OF ILLINOIS I FUND
    1305 WEST GREEN STREET
    URBANA,IL61801     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 13,333
    UNIVERSITY OF ILLINOIS
    1305 WEST GREEN STREET
    URBANA,IL61801     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 9,626
    VAIL VALLEY MEDICAL FOUNDATION
    181 W MEADOW DR
    VAIL,CO81657     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    VAIL VETERANS FOUNDATIONS
    PO BOX 6473
    VAIL,CO81658     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 500
    WELLSTAR FOUNDATION
    805 SANDY PLAINS ROAD
    MARIETTA,GA30066     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 2,500
    WORLD WILDLIFE FUND
    1250 24TH STREET NW
    WASHINGTON DC,DC20037     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 20
    WOUNDED WARRIORS PROJECT
    4899 BELFORT ROAD SUITE 300
    JACKSONVILLE,FL32256     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 100
    WSPA
    NELSON TOWER BUILDING 450 SEVENTH
    AVENUE 31ST FLOOR
    NEW YORK,NY10123     		N/A PUBLIC CHARITY GENERAL UNRESTRICTED 50
    Total .................................bullet 3a 46,384
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 8,309  
    4 Dividends and interest from securities....     14 16,818  
    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 26,626  
    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).. 0 51,753 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1351,753
    (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:
    JOHN R OLTMAN CHARITABLE FOUNDATION
    C/O BRYAN T PITSTICK
    EIN: 36-4054942
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 200 65   135

    TY 2014 AllOthProgRltdInvestmentsSch
    Name:
    JOHN R OLTMAN CHARITABLE FOUNDATION
    C/O BRYAN T PITSTICK
    EIN: 36-4054942
    Category Amount
    N/A 0

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    JOHN R OLTMAN CHARITABLE FOUNDATION
    C/O BRYAN T PITSTICK
    EIN: 36-4054942
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACE INA HOLDINGS - 25000 SHS 28,354 27,274
    BERKSHIRE HATHAWAY FIN - 25000 SHS 25,925 25,450
    GLAXOSMITHKLINE CAP - 25000 SHS 22,021 28,163
    ORACLE CORPORATION - 25000 SHS 21,536 26,198
    TD AMERITRADE HOLDING - 25000 SHS 28,888 28,698
    WAL-MART STORES - 25000 SHS 24,247 28,258
    WYETH - 25000 SHS 29,098 26,320
    BP CAPITAL MARKETS - 25000 SHS 0 0
    FIDELITY ADVISOR FLOATING RATE HIGH INCOME FUND - 2129.046 SHS 21,161 20,460
    HARTFORD FLOATING RATE DAILY ACCESS FUND - 2338.495 SHS 21,000 20,228
    FRANKLIN FLOATING RATE - 5259.041 SHS 47,700 46,858
    VANGUARD SHORT-TERM INVESTMENT GRADE FUND - 6571.119 SHS 70,411 70,048
    AES CORP - 360 SHS 4,508 4,957
    AETNA INC - 40 SHS 3,079 3,553
    AMDOCS LTD ORD - 120 SHS 5,270 5,599
    AMERICAN ELEC PWER INC - 30 SHS 1,490 1,822
    AGCO CORP - 70 SHS 0 0
    ALLIANCE DATA SYSTEMS - 25 SHS 0 0
    AMERICAN EXPRESS CO CAPITAL STOCK - 20 SHS 0 0
    AMERIPRISE FINANCIAL - 40 SHS 2,146 5,290
    APPLE INC - 140 SHS 6,708 15,453
    ARCHER DANIELS MIDLAND CO - 100 SHS 5,076 5,200
    BABCOCK & WILCOX - 80 SHS 0 0
    BAKER HUGHES INC - 30 SHS 2,020 1,682
    BED BATH & BEYOND INC - 40 SHS 3,112 3,047
    BERKSHIRE HATHAWAY INC-CL B - 20 SHS 0 0
    BOEING CO - 30 SHS 0 0
    CAPITAL ONE FINANCIAL CORP - 30 SHS 2,467 2,477
    CATERPILLAR INC - 20 SHS 2,158 1,831
    CHIPOTLE MEXICAN GRILL INC - 5 SHS 2,480 3,423
    CELGENE CORP - 30 SHS 0 0
    CF INDUSTRIES HOLDINGS - 10 SHS 0 0
    CHEVRON CORPORATION - 40 SHS 0 0
    CIGNA CORP - 20 SHS 0 0
    CISCO SYSTEMS - 125 SHS 2,273 3,477
    CITIGROUP INC - 35 SHS 0 0
    COCA COLA ENTERPRISES - 115 SHS 2,974 5,085
    COMCAST CORP - 105 SHS 2,527 6,091
    CVS CAREMARK CORP - 45 SHS 2,593 4,334
    DISCOVER FINL SERVICES - 100 SHS 3,129 6,549
    DR PEPPER SNAPPLE GROUP INC - 40 SHS 2,081 2,867
    EDWARDS LIFESCIENCES CORP - 20 SHS 1,980 2,548
    EOG RES INC - 40 SHS 4,054 3,683
    EVEREST RE GROUP LIMITED - 30 SHS 4,483 5,109
    EXELON CORP - 120 SHS 4,415 4,450
    EXXON MOBIL CORPORATION - 55 SHS 3,406 5,085
    FIFTH THIRD BANCORP - 170 SHS 3,499 3,464
    FOOT LOCKER INC - 30 SHS 1,718 1,685
    FRANKLIN RESOURCES INC - 60 SHS 0 0
    HALLIBURTON CO - 90 SHS 4,645 3,540
    HEWLETT PACKARD CO - 80 SHS 2,279 3,210
    HOME DEPOT INC - 20 SHS 1,922 2,099
    HUNTINGTON INGALLS INDUSTRIES - 20 SHS 1,747 2,249
    ILLINOIS TOOL WKS INC - 50 SHS 2,325 4,735
    JOHNSON & JOHNSON - 90 SHS 8,930 9,411
    KROGER CO - 105 SHS 2,340 6,742
    MACY'S INC - 105 SHS 2,391 6,904
    MAGNA INTERNATIONAL INC - 20 SHS 1,547 2,174
    MARATHON PETROLEUM CORP - 30 SHS 1,781 2,708
    MCKESSON CORP - 40 SHS 0 0
    MEDTRONIC INC - 50 SHS 2,883 3,610
    MERCK & CO INC NEW - 50 SHS 3,058 2,840
    MICROSOFT CORP - 70 SHS 2,652 3,252
    MYLAN INC - 90 SHS 2,507 5,073
    NETAPP INC - 60 SHS 2,483 2,487
    NORTHROP GRUMMAN CORP - 45 SHS 2,782 6,633
    O'REILLY AUTOMOTIVE INC - 20 SHS 2,670 3,852
    ORACLE CORPORATION - 160 SHS 2,170 7,195
    OSHKOSH CORP - 40 SHS 0 0
    PACKAGING CORP OF AMERICA - 50 SHS 0 0
    PETSMART INC - 20 SHS 0 0
    PPG INDUSTRIES INC - 25 SHS 0 0
    QUALCOMM INC - 30 SHS 2,184 2,230
    ROCK-TENN CO CL A - 20 SHS 0 0
    SKYWORKS SOLUTIONS INC - 50 SHS 2,825 3,636
    SOUTHWEST AIRLINES CO - 170 SHS 3,777 7,194
    TIME WARNER CABLE - 20 SHS 0 0
    TJX COS INC - 40 SHS 0 0
    TRAVELERS COMPANIES - 55 SHS 3,597 5,822
    TYSON FOODS INC - 70 SHS 1,665 2,806
    UGI CORP NEW - 60 SHS 2,235 2,279
    UNION PAC - 40 SHS 2,516 4,765
    UNUMPROVIDENT CORP - 40 SHS 1,121 1,395
    WAL MART STORES - 20 SHS 1,004 1,718
    VERIZON COMMUNICATIONS - 50 SHS 2,493 2,339
    WELLS FARGO & CO - 165 SHS 5,336 9,045
    XEROX CORP - 130 SHS 1,709 1,802
    ISHARES CORE S&P - 325 SHS 40,265 67,233
    POWERSHARES QQQ TRUST - 250 SHS 9,018 25,813
    DELPHI AUTOMOTIVE - 80 SHS 2,690 5,818
    GATEWAY FUND - 3502.159 SHS 93,000 103,559
    T ROWE PRICE SMALL CAP STOCK FD #65 - 622.150 SHS 28,010 27,574
    VANGUARD EQUITY INCOME FUND - 986.632 SHS 55,585 64,536
    TE CONNECTIVITY LIMITED - 40 SHS 0 0
    TEMPLETON INSTITUTIONAL FOREIGN SMALLER COMPANY FUND - 1389.345 SHS 0 0
    TWEEDY BROWNE GLOBAL VALUE FUND - 1844.261 SHS 47,676 48,025
    VANGUARD FTSE EMERGING MARKETS ETF - 1720 SHS 0 0
    XL GROUP PUBLIC LIMITED COMPANY - 70 SHS 0 0
    LYONDELLBASELL INDUSTRIES - BASIS FROM WASH SALE 1,655 1,655

    TY 2014 OtherAssetsSchedule
    Name:
    JOHN R OLTMAN CHARITABLE FOUNDATION
    C/O BRYAN T PITSTICK
    EIN: 36-4054942
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER INVESTMENTS 677 595 595
    DIVIDENDS RECEIVABLE 392 484 484


    TY 2014 OtherExpensesSchedule
    Name:
    JOHN R OLTMAN CHARITABLE FOUNDATION
    C/O BRYAN T PITSTICK
    EIN: 36-4054942
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEES 15 0   15
    BANK FEES 130 130   0
    SECRETARY OF STATE 10 0   0


    TY 2014 OtherLiabilitiesSchedule
    Name:
    JOHN R OLTMAN CHARITABLE FOUNDATION
    C/O BRYAN T PITSTICK
    EIN: 36-4054942
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE TO JRO CONSULTING, INC. 5,741 0


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    JOHN R OLTMAN CHARITABLE FOUNDATION
    C/O BRYAN T PITSTICK
    EIN: 36-4054942
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 7,554 7,554   0


    TY 2014 TaxesSchedule
    Name:
    JOHN R OLTMAN CHARITABLE FOUNDATION
    C/O BRYAN T PITSTICK
    EIN: 36-4054942
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 264 264   0
    FEDERAL TAX 1,900 0   0