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
BARBARA & GARY BRANDT FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)CITRIN COOPERMAN 529 FIFTH AVE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10017
A Employer identification number

26-1396548
B Telephone number (see instructions)

(212) 697-1000
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$4,148,266J 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 12,997 12,997  
4 Dividends and interest from securities...... 99,196 99,196  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 346,181
b Gross sales price for all assets on line 6a 2,852,465
7 Capital gain net income (from Part IV, line 2)... 346,181
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 8,441 8,441  
12 Total. Add lines 1 through 11........ 466,815 466,815  
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).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,078 3,337   250
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 53,094 41,152   11,942
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 58,172 44,489   12,192
25 Contributions, gifts, grants paid........ 171,360 171,360
26 Total expenses and disbursements. Add lines 24 and 25 229,532 44,489   183,552
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 237,283
b Net investment income (if negative, enter -0-) 422,326
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............... -3,298 14,101 14,101
2 Savings and temporary cash investments.......... 149,597 118,639 118,639
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) 28,446 Click to see attachment53,159 55,825
b Investments—corporate stock (attach schedule)........ 2,818,389 Click to see attachment3,206,025 3,649,190
c Investments—corporate bonds (attach schedule)........ 206,857 Click to see attachment143,606 153,192
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 217,619 Click to see attachment120,872 157,319
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) 3,417,610 3,656,402 4,148,266
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 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 3,417,610 3,656,402
30 Total net assets or fund balances (see instructions)...... 3,417,610 3,656,402
31 Total liabilities and net assets/fund balances (see instructions).. 3,417,610 3,656,402
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 3,417,610
2 Enter amount from Part I, line 27a..................... 2 237,283
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 5,694
4 Add lines 1, 2, and 3.......................... 4 3,660,587
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 4,185
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,656,402
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 PUBLICLY TRADED SECURITIES SCH I P    
b PUBLICLY TRADED SECURITIES SCH I P    
c PUBLICLY TRADED SECURITIES SCH II P    
d PUBLICLY TRADED SECURITIES SCH II P    
e PUBLICLY TRADED SECURITES SCH III P    
PUBLICLY TRADED SECURITES SCH III P    
PUBLICLY TRADED SECURITES SCH IV P    
PUBLICLY TRADED SECURITES SCH IV P    
PUBLICLY TRADED SECURITIES SCH V P    
A&Q ALTERNATIVE FIXED-INC STRAT FUND LLC P    
A&Q ALTERNATIVE FIXED-INC STRAT FUND LLC P    
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 333,841   312,992 20,849
b 518,186   365,065 153,121
c 627,535   627,714 -179
d 400,355   263,550 136,805
e 77,906   75,510 2,396
173,088   144,124 28,964
359,431   359,974 -543
246,645   255,770 -9,125
103,582   100,952 2,630
    633 -633
8,997     8,997
2,899     2,899
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       20,849
b       153,121
c       -179
d       136,805
e       2,396
      28,964
      -543
      -9,125
      2,630
      -633
      8,997
      2,899
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 2 346,181
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 169,042 3,824,519 0.044200
2012 172,217 3,528,345 0.048810
2011 159,918 3,478,998 0.045967
2010 143,229 3,360,382 0.042623
2009 310,817 3,052,704 0.101817
2 Total of line 1, column (d) ...................... 2 0.283417
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 0.056683
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 4,144,985
5 Multiply line 4 by line 3....................... 5 234,950
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,223
7 Add lines 5 and 6......................... 7 239,173
8 Enter qualifying distributions from Part XII, line 4.............. 8 183,552
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 8,447
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 8,447
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 8,447
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 7,200
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 7,200
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 69
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,316
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCITRIN COOPERMAN CO LLP Telephone no.bullet (212) 697-1000
    Located atbullet529 FIFTH AVENUENEW YORKNY ZIP+4bullet10017
    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
    BARBARA BRANDT TRUSTEE AS NEEDED
    0.00     		0 0 0
    3 MITTMAN ROAD
    RYE,NY10580
    GARY BRANDT TRUSTEE AS NEEDED
    0.00     		0 0 0
    3 MITTMAN ROAD
    RYE,NY10580
    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
    4,072,227
    b
    Average of monthly cash balances.......................
    1b
    135,880
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,208,107
    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
    4,208,107
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    63,122
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,144,985
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    207,249
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    207,249
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    8,447
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,447
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    198,802
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    198,802
    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
    198,802
    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
    183,552
    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
    183,552
    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
    183,552
    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 7 198,802
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 180,448
    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$ 183,552
    a Applied to 2013, but not more than line 2a 180,448
    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..... 3,104
    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 ..........     		195,698
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    92ND STREET Y
    1395 LEXINNGTON AVE
    NEW YORK,NY10128     		NONE PUBLIC CHARITY GENERAL SUPPORT 1,000
    AMERICAN BALLET THEATRE FOUNDATION
    890 BROADWAY
    NEW YORK,NY10003     		NONE PUBLIC CHARITY GENERAL SUPPORT 14,000
    AMERICAN DANCE MACHINE 21ST CENTURY FDN
    175 EIGHTH AVENUE
    NEW YORK,NY10011     		NONE PUBLIC CHARITY GENERAL SUPPORT 500
    ASPCA
    424 E 92ND ST
    NEW YORK,NY101286804     		NONE PUBLIC CHARITY GENERAL SUPPORT 4,900
    ASTEP
    165 W 46TH ST 1309
    NEW YORK,NY10036     		NONE PUBLIC CHARITY GENERAL SUPPORT 250
    AUTISM SCIENCE FOUNDATION
    106 W 32ND ST SUITE182
    NEW YORK,NY10001     		NONE PUBLIC CHARITY GENERAL SUPPORT 250
    BALLET THEATRE FOUNDATION
    890 BROADWAY 3RD FLOOR
    NEW YORK,NY10003     		NONE PUBLIC CHARITY GENERAL SUPPORT 6,000
    BIRTHRIGHT ISRAEL FOUNDATION
    33E 33RD ST 7TH FL
    NEW YORK,NY10016     		NONE PUBLIC CHARITY GENERAL SUPPORT 2,500
    CENTRAL PARK CONSERVANCY
    14 E 60TH ST
    NEW YORK,NY10022     		NONE PUBLIC CHARITY GENERAL SUPPORT 2,000
    CITY CENTER
    131 W 55TH ST
    NEW YORK,NY10019     		NONE PUBLIC CHARITY GENERAL SUPPORT 10,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE 2ND FLOOR
    NEW YORK,NY100015004     		NONE PUBLIC CHARITY GENERAL SUPPORT 10,000
    FISHER HOUSE FOUNDATION INC
    111 ROCKVILLE PIKE SUITE 420
    ROCKVILLE,MD20850     		NONE PUBLIC CHARITY GENERAL SUPPORT 13,750
    FOUNDATION FOR INDEPENDENT ARTIST
    246 W 38TH STREET
    NEW YORK,NY10018     		NONE PUBLIC CHARITY GENERAL SUPPORT 500
    INTERMEZZO ART
    250 W 57ST SUITE 2201-2202
    NEW YORK,NY10107     		NONE PUBLIC CHARITY GENERAL SUPPORT 500
    JESSICA LANG DANCE
    2728 THOMSON AVE UNIT 252 LONG
    ISLAND CITY
    NEW YORK,NY11101     		NONE PUBLIC CHARITY GENERAL SUPPORT 1,000
    JOYCE THEATRE FOUNDATION
    175 EIGHTH AVENUE
    NEW YORK,NY10011     		NONE PUBLIC CHARITY GENERAL SUPPORT 1,000
    JUILLIARD SCHOOL
    60 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PUBLIC CHARITY GENERAL SUPPORT 25,200
    LOVE US
    C/O CITRIN COOPERMAN CO LLP 529
    FIFTH AVE
    NEW YORK,NY10017     		NONE PUBLIC CHARITY GENERAL SUPPORT 500
    MISCELLANEOUS ORGANIZATION
    C/O CITRIN COOPERMAN CO LLP 529
    FIFTH AVE
    NEW YORK,NY10017     		NONE PUBLIC CHARITY GENERAL SUPPORT 800
    METROPOLITAN MUSEUM OF ART
    1000 5TH AVE
    NEW YORK,NY10028     		NONE PUBLIC CHARITY GENERAL SUPPORT 210
    MOTHERS AGAINST DRUNK DRIVING
    33 WALT WHITMAN RD SUITE 307
    HUNTINGTON STATION
    NEW YORK,NY11746     		NONE PUBLIC CHARITY GENERAL SUPPORT 200
    NEW YORK CITY CENTER
    131 W 55TH ST
    NEW YORK,NY10019     		NONE PUBLIC CHARITY GENERAL SUPPORT 3,500
    NEW YORK LIVE ARTS
    219 W 19TH STREET
    NEW YORK,NY10011     		NONE PUBLIC CHARITY GENERAL SUPPORT 250
    NEW YORK UNIVERSITY
    70 WASHINGTON SQUARE SOUTH
    NEW YORK,NY10012     		NONE PUBLIC CHARITY GENERAL SUPPORT 2,000
    PET RESCUE
    PO BOX 393
    LARCHMONT,NY10538     		NONE PUBLIC CHARITY GENERAL SUPPORT 10,000
    UCLA REGENTS
    10920 WILSHIRE BOULEVARD SUITE 900
    LOS ANGELES,CA09874     		NONE PUBLIC CHARITY GENERAL SUPPORT 10,000
    UJA FEDERATION
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PUBLIC CHARITY GENERAL SUPPORT 10,000
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BOULEVARD BRONX
    NEW YORK,NY10460     		NONE PUBLIC CHARITY GENERAL SUPPORT 12,250
    WORKS & PROCESS
    1071 FIFTH AVENUE
    NEW YORK,NY10128     		NONE PUBLIC CHARITY GENERAL SUPPORT 1,000
    YOUTH AMERICA GRAND PRIX
    304 PARK AVENUE SOUTH STE 1004
    NEW YORK,NY10010     		NONE PUBLIC CHARITY GENERAL SUPPORT 27,300
    Total .................................bullet 3a 171,360
    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 12,997  
    4 Dividends and interest from securities....     14 99,196  
    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.....     14 8,441  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 346,181  
    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).. 0 466,815 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13466,815
    (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 InvestmentsCorpBondsSchedule
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ARCELORMITTAL NTS 25,000 26,000
    CREDIT SUISSE NY BRH NTS 30,487 33,490
    LEGGETT & PLATT INC 10,135 10,708
    MARKET VECTORS HIGH YIELD MUNI 42,613 44,733
    MARRILL LYNCH & CO. 20,280 22,283
    MORGAN STANLEY B/E 15,091 15,978

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABERDEEN ASSET MGMT PLC 0 0
    ACE LTD CHF 16,438 20,219
    ACTAVIS PLC 33,242 32,434
    ACTELION LTD 2,368 5,131
    ADT CORP COM 0 0
    AFFILIATED MANAGERS GROUP 18,307 19,951
    AFLAC INC 12,666 13,501
    AIA GROUP LTD SPON ADR 7,325 11,097
    AIR LIQUIDE ADR 9,896 11,462
    ALIBABA GROUP HLDG LTD 27,244 31,806
    ALLSTATE CORP SER 49,334 50,027
    ALTRIA GROUP INC 34,485 44,442
    AMAZON.COM 0 0
    AMER ELECTRIC POWER CO 0 0
    AMER EXPRESS CO 21,903 21,864
    AMERICAN INTL GROUP 0 0
    ANADARKO PETROLEUM 10,490 9,653
    ANHEUSER BUSCH 4,761 7,638
    ANTERO RESOURCES CORP 22,805 15,989
    APPLE INC. 67,101 156,629
    ARM INC 10,763 11,112
    ASML HLDG NV GDR 24,969 29,006
    ASSOCIATED BRITISH FOOD PLC 3,378 8,270
    BANK HAPOALIM BM SPON ADR 6,868 6,029
    BANK OF AMER CORP 24,983 27,998
    BANK OF GA HLDGS PLC 5,028 4,143
    BARCLAYS PLC 13,201 11,603
    BAYER AG 6,196 10,810
    BELLE INTL HLDGS LTD. ADR 6,893 4,951
    BIOGEN IDEC INV 30,866 38,697
    BRENNTAG AG 9,344 11,516
    BRITISH AMERICAN TOBACCO 7,205 9,704
    CANADIAN PAC RAILWAY LTD 32,198 46,053
    CATERPILLAR INC 17,558 16,933
    CBRE CLARION GL REAL ESTATE 52,421 52,196
    CBS CORP NEW CL 19,899 19,424
    CBS CORP NEW CLB 11,824 12,230
    CELGENE CORP 17,269 25,952
    CENTRICA PLC NEW 10,797 9,062
    CH RROBINSON WORLDWIDE INC 14,740 17,225
    CHEVRON CORP 23,898 24,567
    CITIGROUP INC. 21,320 27,380
    COMCAST CORP NEW CL A 33,387 39,969
    COMERZBANK AG SPN 12,227 8,816
    CONTL AG-SPONS ADR ADR 5,704 5,605
    COVIDIEN PLC 13,100 14,217
    CREDIT SUISSE GROUP SPON 12,845 10,509
    CRH PLC IRELAND SPON ADR 8,661 8,740
    CSX CORPORATION 7,094 8,442
    CVS CAREMARK CORP 12,055 18,010
    CVS HEALTH CORP 13,925 19,647
    DELTA AIR LINES INC DELA NEW 20,934 22,972
    DEVON ENERGY CORP NEW 10,611 8,998
    DEXUS PPTY GR 7,179 7,146
    DISCOVER FIN SERVICES 8,716 12,050
    DNB ASA SPON ADR 6,906 6,706
    DON QUIJOTE CO LTD. 7,564 16,570
    EATON VANCE GLOBAL DIV INCOME FUND 33,129 33,135
    EMPIRE STATE REALTY TR 14,197 17,580
    ENERGY DEV CORP. 4,113 5,634
    EQUITY RESIDENTIAL SBI 13,766 15,877
    ERRICSSON SEK 10 NEW 2002 ADR 11,922 11,713
    EXELON CORP 10,208 6,452
    EXXON MOBIL CORP 40,430 38,274
    FACEBOOK INC 36,124 52,585
    FAMILYMART CO LTD 5,468 5,085
    FANUC CORP ADR 6,934 7,543
    FLEETCOR TECH INC 9,371 11,302
    GALP ENERGIA SGPS SA ADR 6,997 3,865
    GENERAL ELE CO. 16,584 15,895
    GENL DYNAMICS CORP 17,831 21,606
    GERRY WEBER INTL 4,390 6,347
    GILEAD SCIENCES INC 28,322 49,581
    GLAXO SMITHKLINE 11,025 11,283
    GOOGLE INC 58,576 110,991
    GRUPO FIN SANTANDER MAXICO 4,935 4,413
    HALLIBURTON CO 4,749 3,540
    HCA HOLDINGS INC 34,397 37,649
    HOME DEPOT INC 14,097 18,370
    HONEYWELL INTL INC 5,005 8,693
    IMAGINATION TECH GR 5,245 2,713
    INFIEON TECHNOLIGIES ADR 7,777 8,382
    INTEL CORP 10,046 10,984
    ISHARES JP MORGAN 58,675 54,855
    JAPAN AIRLINES CO UNSPONSORED 8,286 8,152
    JAPAN TOBACCO INC 15,801 13,675
    JARDINE MATHESON HD 4,864 8,255
    JOHNSON CONTROLS INC 5,446 9,281
    JP MORGAN CHASE 38,855 55,321
    JP MORGAN STRATEGIC INCOME 33,443 32,887
    KEYCORP NEW 13,484 13,886
    KIMCO REALTY CORP 30,671 28,237
    KIRIN HOLDINGS LTD SPON ADR 6,902 6,113
    KROGER COMPANY 17,564 21,639
    LEG IMMOBILIEN AG 11,894 14,419
    LILLY EU & CO 23,796 26,630
    LINKEDIN CORP 7,772 7,810
    LIXIL GR CORP 12,997 13,117
    LORD ABBETT MULTI ASSET INCOME FUND 52,670 49,269
    LORD ABBETT SHORT DURATION INC 51,405 50,611
    LORILLARD INC 19,660 25,176
    MAN WAH HOLDINGS LTD 6,862 7,251
    MERCK & CO. INC NEW COM 26,196 31,348
    MERLIN ENTERTAINMETS REG 6,401 6,762
    METLIFE FLOATER 50,998 45,800
    MICROSOFT CORP 30,218 30,796
    MITSUBISHI UFJ FINANCIALGR 12,660 10,363
    MONSANTO CO NEW 40,747 46,713
    NESTLE SA 13,423 17,508
    NEXTERA ENERGY INC. 19,787 25,935
    NIKE INC CL B 37,250 41,633
    NOKIA CORP SPONS ADR 8,766 9,070
    NOMURA HOLDINGS 7,631 9,554
    NOVARTIS AG 9,972 16,123
    OCCIDENTAL PETROLEUM 22,892 19,911
    ORACLE CORP 18,593 20,956
    PACIRA PHRMACEUTICALS INC 12,507 10,994
    PEMBINA PIPELINE CORP. (FKA - PROVIDENT ENERGY TRUST UNIT) 34,944 30,949
    PG & E CORP ({HOLDING CO) 15,464 17,409
    PHILLIPINE LONG DISTANCE TEL 5,017 4,620
    PHILLIPS 66 8,962 11,185
    PIMCO 0.5 HIGH YIELD BOND 116,060 110,913
    PIRELLI & C SPA AZIONE 13,366 11,189
    PNC FINANCIAL SERVICES 12,971 15,874
    PRICELINE.COM INC 22,872 21,664
    PRUDENTIAL PLC 12,830 19,622
    PUBLIC STORAGE REIT 13,844 15,158
    QUALCOMM INC 22,492 24,083
    RAYNOLDS AMERN INC 14,898 16,196
    REED ELSEVIER PLC 6,545 7,213
    ROCHE HOLDING 29,953 38,749
    ROYAL DUTCH SHELL PLC 11,587 10,846
    RS LOW DURATION BOND FUND 93,605 92,502
    SANOR SPON ADR 13,000 12,816
    SAP AG SPON 11,041 9,472
    SCHWAB CHARLES CORP NEW 19,543 21,254
    SEMPRA ENERGY 13,569 17,595
    SHWERWIN WILLIAMS CO. 25,881 37,878
    SIMON PPTY GR 14,186 15,661
    SKYLARK CO LTD 6,009 6,050
    SOFTBANK CORP ADR 15,649 12,623
    SPYGLASS RES CORP 6,636 92
    STANLEY ELEC CO LTD ORD 12,917 13,068
    STARBUCKS CORP 22,667 26,994
    STARWOOD HOTELS & RESORTS WORLDWIDE 28,818 32,833
    STARWOOD PPTY TR INC 9,069 6,972
    STRYKER CORP 8,062 11,791
    SUNART RETAIL GROUP LTD 3,135 2,303
    SUNTORY BEVARAGE & FOOD 5,195 5,362
    SYNGENTA AG SPON ADR 16,411 14,261
    TELIASONERA AB ADR 10,118 9,145
    TESLA MTRS INC COM 28,367 23,353
    TEVA PHARMA. IND LTD 15,285 17,023
    THERMO FISHER SCIENTIFIC 10,596 17,290
    TJX COS INC NEW 8,847 10,424
    TOKYO ELECTRON LTD ADR 6,555 8,071
    TOYOTA MOTOR CORP 11,578 18,571
    TRINITY INDUSTRIES INC 5,276 4,089
    UNION PACIFIC CORP. 33,107 47,295
    UNITED TECHNOLOGIES CORP. 7,567 10,235
    UNITEDHEALTH GROUP INC 24,716 26,182
    UNTS FT RICHARD BERNSTEIN 99,932 105,627
    VERIZON COMMUNICATION INC 26,498 25,823
    VISA INC CL A 35,461 51,391
    VIVENDI SA ADR 8,969 8,613
    VODAFONE GR 24,294 15,855
    WALT DISNEY CO 32,128 46,530
    WELLS FARGO & CO. NEW 13,903 14,637
    WELLS FARGO ADVANTAGE UTILS 4,351 4,160
    WOLSELEY PLC 5,522 7,067
    WOLTERS KLUWER NV 12,399 15,372
    WP CAREY INC REIT 12,427 14,020
    WYNN RESORTS LTD 28,327 28,562
    XL GROUP PLC 14,960 15,226
    ZURICH INS GROUP LTD SPON 12,027 14,789

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    US Government Securities - End of Year Book Value:

    53,159
    US Government Securities - End of Year Fair Market Value:

    55,825
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2014 InvestmentsOtherSchedule2
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    A&Q ALTERNATIVE FIXED INC FKA O'CONNOR FUND OF FUNDS AT COST 100,750 138,267
    ISHARE MSCI JAPAN ETF AT COST 20,122 19,052

    TY 2014 OtherDecreasesSchedule
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 28,034 28,034   0
    PROFESSIONAL FEES 17,775 5,833   11,942
    MISC EXP 68 68   0
    A&Q ALT FIXED-INC STRATEGIES FUND LLC-MISC DED 7,217 7,217   0


    TY 2014 OtherIncomeSchedule2
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PORTFOLIO INCOME 869 869 869
    ORDINARY INCOME FROM K-1 A&Q ALTERNATIVE FIXED INC FKA O'CONNOR FUND 7,572 7,572 7,572


    TY 2014 OtherIncreasesSchedule
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    Description Amount
       
       


    TY 2014 TaxesSchedule
    Name:
    BARBARA & GARY BRANDT FAMILY FOUNDATION
    EIN: 26-1396548
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 3,330 3,330   0
    NYS FILING FEE 250 0   250
    EXCISE TAX 1,491 0   0
    A&Q ALT FIXED INC - K-1 TAX WITHHELD CREDITS 7 7   0