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
THE SARAMAR CHARITABLE FUND
 

Number and street (or P.O. box number if mail is not delivered to street address)130 SOUTH 18TH STREET NO 3301   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19103
A Employer identification number

25-6839698
B Telephone number (see instructions)

(856) 661-4515
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$4,166,126J 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).............. 375,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 60,287 60,287  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -9,722
b Gross sales price for all assets on line 6a 355,236
7 Capital gain net income (from Part IV, line 2)... 0
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........ 425,565 60,287 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
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 3,073 3,058 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,073 3,058 0 0
25 Contributions, gifts, grants paid........ 198,139 198,139
26 Total expenses and disbursements. Add lines 24 and 25 201,212 3,058 0 198,139
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 224,353
b Net investment income (if negative, enter -0-) 57,229
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............   19,353 19,353
2 Savings and temporary cash investments.......... 1,303,520 1,879,440 1,879,440
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) 445,675 Click to see attachment242,566 234,253
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........ 462,688 Click to see attachment303,963 296,273
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,168,117 Click to see attachment1,166,071 1,736,807
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,380,000 3,611,393 4,166,126
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 attachment0 Click to see attachment7,040
23 Total liabilities (add lines 17 through 22).......... 0 7,040
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 3,380,000 3,604,353
30 Total net assets or fund balances (see instructions)...... 3,380,000 3,604,353
31 Total liabilities and net assets/fund balances (see instructions).. 3,380,000 3,611,393
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 3,380,000
2 Enter amount from Part I, line 27a..................... 2 224,353
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 3,604,353
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 3,604,353
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 ISRAEL ST 2ND MAZEL TOV SAVINGS 5 YEAR 02.120% DUE 01/01/2014-2,500 UNITS P 2009-09-30 2014-01-01
b DEERE & CO SR NTS 06.950% DUE O4/25/2014-25,000 UNITS P 2007-01-11 2014-04-25
c GLAXOSMITHKLINE CAP INC COMP GUARNT-25,000 UNITS P 2010-08-04 2014-04-15
d UNITED PARCEL SERVICE SR UNSEC-50,000 UNITS P 2010-08-04 2014-04-01
e WI ST GEN FD APPRPRTN SER A REV FSA TXBL REF-50,000 UNITS P 2008-10-08 2014-05-01
GENERAL ELEC CAP CORP MED TERM NTS SER A-50,000 UNITS P 2004-12-29 2014-09-15
ISRAEL ST MAZEL TOV BOND-1,000 UNITS P 2009-11-03 2014-12-01
ISRAEL ST MAZEL TOV SAVINGS - 1,000 UNITS P 2009-09-30 2014-10-01
USA TREASURY NOTES, 2.125%, DUE 11/30/14-150,000 UNITS P 2010-08-16 2014-11-30
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 2,775   2,775 0
b 25,000   27,212 -2,212
c 25,000   27,307 -2,307
d 50,000   53,895 -3,895
e 50,000   46,867 3,133
50,000   49,743 257
1,140   1,140 0
1,140   1,140 0
150,000   154,879 -4,879
181     181
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       0
b       -2,212
c       -2,307
d       -3,895
e       3,133
      257
      0
      0
      -4,879
      181
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 -9,722
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 185,267 3,739,752 0.049540
2012 171,879 3,454,178 0.049760
2011 162,071 3,240,643 0.050012
2010 155,215 2,992,137 0.051874
2009 125,717 2,554,818 0.049208
2 Total of line 1, column (d) ...................... 2 0.250394
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 0.050079
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 4,063,171
5 Multiply line 4 by line 3....................... 5 203,480
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 572
7 Add lines 5 and 6......................... 7 204,052
8 Enter qualifying distributions from Part XII, line 4.............. 8 198,139
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,145
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,145
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,145
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 272
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,772
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 17
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 10 610
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet610 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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletJEFFREY HONICKMAN FOUNDATION MGR Telephone no.bullet (856) 661-4505
    Located atbullet130 SOUTH 18TH STREET NO 3301PHILADELPHIAPA ZIP+4bullet19103
    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
    JEFFREY A HONICKMAN TRUSTEE
    0.00     		0 0 0
    130 SOUTH 18TH STREET NO 3301
    PHILADELPHIA,PA19103
    MARJORIE HONICKMAN TRUSTEE
    0.00     		0 0 0
    130 SOUTH 18TH STREET NO 3301
    PHILADELPHIA,PA19103
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    2,532,071
    b
    Average of monthly cash balances.......................
    1b
    1,592,976
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,125,047
    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
    4,125,047
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    61,876
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,063,171
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    203,159
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    203,159
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    1,145
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,145
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    202,014
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    202,014
    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
    202,014
    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
    198,139
    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
    198,139
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    198,139
    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 7 202,014
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010....... 8,720
    c From 2011....... 1,795
    d From 2012....... 1,158
    e From 2013.......  
    fTotal of lines 3a through e......... 11,673
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 198,139
    a Applied to 2013, but not more than line 2a 0
    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..... 198,139
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 3,875 3,875
    (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 7,798
    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 ..........     		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) .......     		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 ......     		7,798
    10 Analysis of line 9:
    a Excess from 2010.... 4,845
    b Excess from 2011.... 1,795
    c Excess from 2012.... 1,158
    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).)
    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:
    MARJORIE HONICKMAN
    130 SOUTH 18TH STREET NO 3301
    PHILADELPHIA,PA19103
    (856) 661-4515
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORM
    cAny submission deadlines:
    NO SUBMISSION DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    DISTRIBUTIONS LIMITED TO ORGANIZATIONS THAT CARRY OUT PURPOSE OF FOUNDATION
    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
    ABRAMSON CANCER CENTER OF UNIV OF PA
    3400 SPRUCE STREET
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY UNRESTRICTED 350
    ABRAMSON CENTER FOR JEWISH LIFE
    1425 HORSHAM ROAD
    NORTH WALES,PA19454     		NONE PUBLIC CHARITY UNRESTRICTED 10,000
    ACADEMY IN MANAYUNK (AIM ACADEMY)
    1200 RIVER ROAD
    CONSHOHOCKEN,PA19428     		NONE PUBLIC CHARITY UNRESTRICTED 5,000
    AISH HATORAH PHILADELPHIA
    50 MONTGOMERY AVE
    BALA CYNWYD,PA19004     		NONE PUBLIC CHARITY UNRESTRICTED 500
    ALBERT EINSTEIN SOCIETY
    5501 OLD YORK ROAD
    PHILADELPHIA,PA19141     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    ALZHEIMERS ASSOCIATION
    399 MARKET STREET SUITE 102
    PHILADELPHIA,PA19106     		NONE PUBLIC CHARITY UNRESTRICTED 180
    AMERICA SHARE
    15 W 26TH STREET 11TH FLOOR
    NEW YORK,NY10010     		NONE PUBLIC CHARITY UNRESTRICTED 1,750
    AMERICAN ASSOCIATES BEN-GURION UNIVERSITY OF THE NEGEV
    1001 AVE OF THE AMERICAS
    NEW YORK,NY10018     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    AMERICAN CANCER SOCIETY
    PO BOX 22718
    OKLAHOMA CITY,OK73123     		NONE PUBLIC CHARITY UNRESTRICTED 180
    ANTI DEFAMATION LEAGUE
    605 3RD AVE
    NEW YORK,NY10158     		NONE PUBLIC CHARITY UNRESTRICTED 3,100
    BARRACK HEBREW ACADEMY
    272 S BRYN MAWR AVE
    BRYN MAWR,PA19010     		NONE PUBLIC CHARITY UNRESTRICTED 500
    BETH SHOLOM CONGREGATION
    8231 OLD YORK RD
    ELKINS PARK,PA19027     		NONE PUBLIC CHARITY UNRESTRICTED 750
    BOYS LATIN OF PHILADELPHIA CHARTER SCHOOL
    5501 CEDAR AVE
    PHILADELPHIA,PA19143     		NONE PUBLIC CHARITY UNRESTRICTED 2,500
    CALVARY FUND
    1740 EASTCHESTER ROAD
    BRONX,NY10461     		NONE PUBLIC CHARITY UNRESTRICTED 6,000
    CANCER SUPPORT COMMUNITY OF PHILADELPHIA
    4100 CHAMOUNIX DRIVE
    PHILADELPHIA,PA19131     		NONE PUBLIC CHARITY UNRESTRICTED 2,000
    CATHOLIC INSTITUTE OF THE FOOD INDUSTRY
    PO BOX 1068
    PEARL RIVER,NY10965     		NONE PUBLIC CHARITY UNRESTRICTED 8,550
    CEASEFIRE PA
    PO BOX 60095
    PHILADELPHIA,PA19102     		NONE PUBLIC CHARITY UNRESTRICTED 500
    CENTER FOR LITERACY
    78 N BROADWAY
    WHITE PLAINS,NY10603     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    CHABAD HOUSE
    1432 CATHARINE STREET
    PHILADELPHIA,PA19146     		NONE PUBLIC CHARITY UNRESTRICTED 1,473
    CHILDREN'S CRISIS TREATMENT CENTER
    1080 N DELAWARE AVE 600
    PHILADELPHIA,PA19125     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    CHILDREN'S HOSPITAL FOUNDATION
    3401 CIVIC CENTER BLVD
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY UNRESTRICTED 4,500
    CHIMP HAVEN
    13600 CHIMPANZEE PL
    KEITHVILLE,LA71047     		NONE PUBLIC CHARITY UNRESTRICTED 850
    CITY HARVEST
    5501 2ND ST
    LONG ISLAND CITY,NY11530     		NONE PUBLIC CHARITY UNRESTRICTED 500
    CONGREGATION BETH SOLOMON
    198 TOMLINSON RD
    PHILADELPHIA,PA19116     		NONE PUBLIC CHARITY UNRESTRICTED 500
    CRADLES TO CRAYONS
    30 CLIPPER ROAD PO BOX 799
    W CONSHOHOCKEN,PA19428     		NONE PUBLIC CHARITY UNRESTRICTED 875
    DELAWARE HOSPICE
    100 PATRIOTS WAY
    MILFORD,DE19963     		NONE PUBLIC CHARITY UNRESTRICTED 250
    DIANE FOSSEY GORILLA FUND INTERNATIONAL
    800 CHEROKEE AVENUE
    ATLANTA,GA30315     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    FARMINGTON PUBLIC SCHOOL FOUNDATION
    PO BOX 137
    FARMINGTON,CT06034     		NONE PUBLIC CHARITY UNRESTRICTED 500
    FEDERATION EARLY LEARNING SERVICES
    10700 JAMISON AVENUE
    PHILADELPHIA,PA19116     		NONE PUBLIC CHARITY UNRESTRICTED 750
    FIRSTGIVING
    34 FARNSWORTH ST
    BOSTON,MA02210     		NONE PUBLIC CHARITY UNRESTRICTED 250
    FRANKLIN AND MARSHALL FUND
    PO BOX 3003
    LANCASTER,PA17604     		NONE PUBLIC CHARITY UNRESTRICTED 2,500
    FRANKLIN INSTITUTE
    222 N 20TH STREET
    PHILADELPHIA,PA19103     		NONE PUBLIC CHARITY UNRESTRICTED 1,500
    FRAXA RESEARCH FOUNDATION
    10 PRINCE PLACE STE 203
    NEWBURYPORT,MA01950     		NONE PUBLIC CHARITY UNRESTRICTED 250
    FRIENDS OF OPEN UNIVERSITY
    120 E 56TH ST 900
    NEW YORK,NY10022     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    FRIENDS OF RITTENHOUSE SQUARE
    PO BOX 1308
    PHILADELPHIA,PA19103     		NONE PUBLIC CHARITY UNRESTRICTED 4,000
    GEORGE WASHINGTON UNIVERSITY
    2100 M STREET 310
    WASHINGTON,DC20052     		NONE PUBLIC CHARITY UNRESTRICTED 2,500
    GREATER PHILADELPHIA FILM OFFICE
    1515 ARCH STREET
    PHILADELPHIA,PA19102     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    HADASSAH
    50 W 58TH STREET
    NEW YORK,NY10019     		NONE PUBLIC CHARITY UNRESTRICTED 100
    HAR ZION TEMPLE
    1500 HAGYS FORD ROAD
    PENN VALLEY,PA19072     		NONE PUBLIC CHARITY UNRESTRICTED 2,308
    HILLEL OF GREATER PHILADELPHIA
    215 S 39TH STREET
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY UNRESTRICTED 6,300
    HOLY CROSS FUND
    1 COLLEGE STREET
    WORCHESTER,MA01610     		NONE PUBLIC CHARITY UNRESTRICTED 2,750
    HOSPICE ANGELS FOUNDATION
    401 CENTER AVE
    BAY CITY,MI48708     		NONE PUBLIC CHARITY UNRESTRICTED 36
    HOSPITAL FOR SPECIAL SURGERY
    535 E 70TH ST
    NEW YORK,NY10021     		NONE PUBLIC CHARITY UNRESTRICTED 3,000
    JCHAI
    21 BALA AVE
    BALA CYNWYD,PA19004     		NONE PUBLIC CHARITY UNRESTRICTED 1,500
    JEVS HUMAN SERVICES
    1845 WALNUT STREET
    PHILADELPHIA,PA19103     		NONE PUBLIC CHARITY UNRESTRICTED 500
    JEWISH FAMILY AND CHILDREN'S SERVICE
    2100 ARCH STREET 5TH FLOOR
    PHILADELPHIA,PA19103     		NONE PUBLIC CHARITY UNRESTRICTED 1,800
    JEWISH FEDERATION OF GREATER PHILADELPHIA
    2101 STRAHLE STREET
    PHILADELPHIA,PA19152     		NONE PUBLIC CHARITY UNRESTRICTED 23,565
    JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY
    9901 DONNA KLEIN BLVD
    BOCA RATON,FL33428     		NONE PUBLIC CHARITY UNRESTRICTED 2,550
    JEWISH HERITAGE AGENCY
    529 WYOMING AVENUE
    SCRANTON,PA18509     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    JEWISH LEARNING VENTURE
    7607 OLD YORK ROAD
    MELROSE PARK,PA19027     		NONE PUBLIC CHARITY UNRESTRICTED 360
    JEWISH RELIEF AGENCY
    10980 DUTTON ROAD
    PHILADELPHIA,PA19154     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    JEWISH THEOLOGICAL SEMINARY
    3080 BROADWAY
    NEW YORK,NY10027     		NONE PUBLIC CHARITY UNRESTRICTED 1,800
    JUMP ROPE FOR HEART AMERICAN HEART ASSOC
    7272 GREENVILLE AVE
    DALLAS,TX75231     		NONE PUBLIC CHARITY UNRESTRICTED 500
    JUVENILE DIABETES RESEARCH FOUNDATION
    26 BROADWAY
    NEW YORK,NY10004     		NONE PUBLIC CHARITY UNRESTRICTED 350
    KIDS IN CRISIS
    1 SALEM STREET
    COS COB,CT06807     		NONE PUBLIC CHARITY UNRESTRICTED 1,500
    KLEIN JCC
    10100 JAMISON AVE
    PHILADELPHIA,PA19116     		NONE PUBLIC CHARITY UNRESTRICTED 950
    LBI FOUNDATION OF THE ARTS & SCIENCES
    120 LONG BEACH BLVD
    LOVELADIES,NJ08008     		NONE PUBLIC CHARITY UNRESTRICTED 490
    LEUKEMIA & LYMPHOMA SOCIETY
    1311 MAMARONECK AVENUE
    WHITE PLAINS,NY10605     		NONE PUBLIC CHARITY UNRESTRICTED 850
    LIGHTHOUSE INTERNATIONAL FILM FESTIVAL
    15 W 65TH STREET
    NEW YORK,NY10023     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    LIVING BEYOND BREAST CANCER
    354 WEST LANCASTER AVENUE
    HAVERFORD,PA19041     		NONE PUBLIC CHARITY UNRESTRICTED 750
    MAKE A WISH FOUNDATION
    4742 N 24TH STREET
    PHOENIX,AZ85016     		NONE PUBLIC CHARITY UNRESTRICTED 250
    MATERNITY CARE COALITION
    2000 HAMILTON STREET
    PHILADELPHIA,PA19130     		NONE PUBLIC CHARITY UNRESTRICTED 250
    MINDING YOUR MIND
    42 WEST LANCASTER AVE SECOND FLOOR
    ARDMORE,PA19003     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    MOVING TRADITIONS
    261 OLD YORK ROAD SUITE 734
    JENKINTOWN,PA19046     		NONE PUBLIC CHARITY UNRESTRICTED 360
    MULTIPLE MYELOMA CANCER ORGANIZATION
    12650 RIVERSIDE DR
    NORTH HOLLYWOOD,CA91607     		NONE   UNRESTRICTED 930
    MURAL ARTS PROGRAM
    1729 MT VERNON STREET
    PHILADELPHIA,PA19130     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    MUSEUM OF JEWISH HERITAGE
    36 BATTERY PLACE
    NEW YORK,NY10280     		NONE PUBLIC CHARITY UNRESTRICTED 4,938
    NATIONAL FOUNDATION FOR CELIAC AWARENESS
    PO BOX 544
    AMBLER,PA19002     		NONE PUBLIC CHARITY UNRESTRICTED 1,250
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    30 SOUTH 17TH STREET
    PHILADELPHIA,PA19103     		NONE PUBLIC CHARITY UNRESTRICTED 680
    OROT
    7601 OLD YORK ROAD
    MELROSE PARKEITHVILLE,PA19027     		NONE PUBLIC CHARITY UNRESTRICTED 1,884
    PARKINSON'S DISEASE FOUNDATION
    1359 BROADWAY SUITE 1509
    NEW YORK,NY10018     		NONE PUBLIC CHARITY UNRESTRICTED 180
    PENNSYLVANIANS FOR MODERN COURTS
    1601 CHERRY STREET
    PHILADELPHIA,PA19102     		NONE PUBLIC CHARITY UNRESTRICTED 2,000
    PENNSYLVANIA STATE UNIVERSITY
    130 BRISTOL
    UNIVERSITY PARK,PA16802     		NONE PUBLIC CHARITY UNRESTRICTED 100
    PEOPLE'S EMERGENCY CENTER
    325 N 39TH ST
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY UNRESTRICTED 3,500
    PHILADELPHIA FILM SOCIETY
    1600 N 5TH ST
    PHILADELPHIA,PA19122     		NONE PUBLIC CHARITY UNRESTRICTED 500
    PHILADELPHIA HOSPITALITY
    200 S BROAD STREET
    PHILADELPHIA,PA19102     		NONE PUBLIC CHARITY UNRESTRICTED 7,600
    PHILADELPHIA MUSEUM OF ART
    2600 BENJAMIN FRANKLIN PKWY
    PHILADELPHIA,PA19130     		NONE PUBLIC CHARITY UNRESTRICTED 11,500
    PHILADELPHIA PHOTO ARTS CENTERS
    1400 N AMERICAN STREET
    PHILADELPHIA,PA19122     		NONE PUBLIC CHARITY UNRESTRICTED 250
    PHILADELPHIA THEATRE COMPANY
    230 S BROAD STREET
    PHILADELPHIA,PA19102     		NONE PUBLIC CHARITY UNRESTRICTED 1,500
    PHILLYFRIENDSHIP
    PO BOX 8662
    PHILADELPHIA,PA19101     		NONE PUBLIC CHARITY UNRESTRICTED 500
    PROJECT HOME
    1515 FAIRMONT AVENUE
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    RAZOO CROWDFUNDING
    1020 19TH ST NW SUITE 800
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY UNRESTRICTED 250
    SEEDS OF PEACE
    370 LEXINGTON AVE
    NEW YORK,NY10017     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    STEPPING STONE SCHOLARS INC
    155 FEDERAL ST 800
    BOSTON,MA02110     		NONE PUBLIC CHARITY UNRESTRICTED 2,500
    STRATFORD FRIENDS SCHOOL
    2 BISHOP HOLLOW ROAD
    NEWTOWN SQUARE,PA19073     		NONE PUBLIC CHARITY UNRESTRICTED 250
    TEMPLE UNIVERSITY
    1801 NORTH BROAD ST
    PHILADELPHIA,PA19122     		NONE PUBLIC CHARITY UNRESTRICTED 250
    THE CLAY STUDIO
    139 N SECOND STREET
    PHILADELPHIA,PA19106     		NONE PUBLIC CHARITY UNRESTRICTED 250
    THE FRIENDSHIP CIRCLE
    754 SOUTH 9TH ST
    PHILADELPHIA,PA19147     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    THE GERSHMAN Y
    401 S BROAD STREET
    PHILADELPHIA,PA19147     		NONE PUBLIC CHARITY UNRESTRICTED 900
    THE PARKINSON'S COUNCIL
    111 PRESIDENTIAL BLVD
    BALA CYNWYD,PA19004     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    THE UNIVERSITY OF THE ARTS
    320 S BROAD ST
    PHILADELPHIA,PA19102     		NONE PUBLIC CHARITY UNRESTRICTED 6,200
    THE V FOUNDATION
    106 TOWERVIEW COURT
    CARY,NC27513     		NONE PUBLIC CHARITY UNRESTRICTED 500
    TRANSPLANT FOUNDATION
    401 NORTH 3RD STREET FRONT
    PHILADELPHIA,PA19123     		NONE PUBLIC CHARITY UNRESTRICTED 500
    TRINITY COLLEGE FUND
    2 BRIDLE PATH LN
    BEVERLY FARMS,MA01915     		NONE PUBLIC CHARITY UNRESTRICTED 250
    TUFTS COLLEGE
    419 BOSTON AVENUE
    MEDFORD,MA02155     		NONE PUBLIC CHARITY UNRESTRICTED 5,000
    TUFTS HILLEL
    GRANOFF FAMILY HILLEL CTR 220
    PACKARD AVE
    MEDFORD,MA02155     		NONE PUBLIC CHARITY UNRESTRICTED 7,500
    UCP OF PHILADELPHIA & VICINITY
    102 E MERMAID LN
    PHILADELPHIA,PA19118     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    VILLANOVA ANNUAL FUND
    800 E LANCASTER AVENUE
    VILLANOVA,PA19085     		NONE PUBLIC CHARITY UNRESTRICTED 1,250
    VILNA CONGREGATION
    509 PINE STREET
    PHILADELPHIA,PA19106     		NONE PUBLIC CHARITY UNRESTRICTED 100
    WAYLAND COMMUNITY POOL
    258 OLD CONNECTICUT PATH
    WAYLAND,MA01778     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    WAYLAND PUBLIC SCHOOLS FOUNDATION
    PO BOX 97
    WAYLAND,MA01778     		NONE PUBLIC CHARITY UNRESTRICTED 750
    WOLF-PAC
    PO BOX 434
    NARBERTH,PA19072     		NONE   UNRESTRICTED 500
    Total .................................bullet 3a 198,139
    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 ............     		         
    4 Dividends and interest from securities....     14 60,287  
    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 -9,722  
    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 50,565 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1350,565
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    THE SARAMAR CHARITABLE FUND
     
    Employer identification number

    25-6839698
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    THE SARAMAR CHARITABLE FUND
          		Employer identification number

    25-6839698
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    MANHATTAN BEER DISTRIBUTORS LLC  
    400 WALNUT AVENUE
     
    BRONX, NY10454

    		$375,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    THE SARAMAR CHARITABLE FUND
          		Employer identification number

    25-6839698
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    THE SARAMAR CHARITABLE FUND
          		Employer identification number

    25-6839698
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    THE SARAMAR CHARITABLE FUND
    EIN: 25-6839698
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TARGET CORP 24,793 26,930
    WELLS FARGO & CO 3.625% DUE 4/15/2015 26,081 25,223
    MERCK & CO 4.75%, DUE 3/1/2015 26,152 25,168
    HONEYWELL INTERNATIONAL 5.3% DUE 3/15/2017 28,926 27,223
    TENNESSEE VALLEY AUTH 6.25% DUE 12/15/2017 29,915 28,653
    TENNESSEE VALLEY AUTH 4.375% DUE 6/15/2015 53,190 50,896
    JOHNSON & JOHNSON 5.55%, DUE 8/15/2017 54,767 55,663
    WALMART STORES 5.8% DUE 2/15/2018 60,139 56,517

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    THE SARAMAR CHARITABLE FUND
    EIN: 25-6839698
    US Government Securities - End of Year Book Value:

    217,332
    US Government Securities - End of Year Fair Market Value:

    208,553
    State & Local Government Securities - End of Year Book Value:


    25,234
    State & Local Government Securities - End of Year Fair Market Value:


    25,700


    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE SARAMAR CHARITABLE FUND
    EIN: 25-6839698
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISRAEL ST 3RD JUBILEE, VAR%, DUE 11/1/2016 FMV 2,500 4,190
    ISRAEL ST DOLLAR BD VAR % 7TH DEV, DUE 11/1/2016 FMV 2,500 2,500
    ISRAEL ST MAZEL TOV SAVINGS, 1.81% FMV 2,500 2,452
    ISRAEL STATE 4TH SERIES MAZEL TOV 5 YR 1.66% DUE 11/1/17 FMV 2,500 2,403
    ISRAEL STATE 4TH SERIES MAZEL TOV 5 YR 1.66% DUE 11/1/17 FMV 2,500 2,402
    ISRAEL ST 6TH JUBILEE 1.33% DUE 11/1/2015 FMV 5,000 5,000
    ISRAEL ST LIBOR BD VAR % DUE 10/1/2016 FMV 5,000 5,000
    ENERGY SECTOR SPDR FUND FMV 32,173 72,669
    MIDCAP SPDR TRUST FMV 72,955 204,577
    GATEWAY TRUST GATEWAY FUND CLASS Y FMV 146,552 161,891
    VANGUARD ST INVESTMENT GRADE FMV 150,000 148,330
    ISHARES TR RUSSELL 1000 INDEX FUND FMV 158,129 325,549
    ISHARES TR S&P SMALLCAP FMV 188,390 376,398
    ISHARES TR MSCI EAFE FMV 395,372 423,446

    TY 2014 OtherExpensesSchedule
    Name:
    THE SARAMAR CHARITABLE FUND
    EIN: 25-6839698
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 24 24 0 0
    INVESTMENT MANAGEMENT FEES 3,034 3,034 0 0
    PA FILING FEE 15 0 0 0


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE SARAMAR CHARITABLE FUND
    EIN: 25-6839698
    Description Beginning of Year - Book Value End of Year - Book Value
    INVESTMENT INCOME DUE TO BROKER 0 7,040


    TY 2014 SubstantialContributorsSch
    Name:
    THE SARAMAR CHARITABLE FUND
    EIN: 25-6839698
    Name Address
     
          		400 WALNUT AVENUE
    BRONX,NY10454