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
CLIFFORD BLISS PA 12
 

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

25-6103340
B Telephone number (see instructions)

(412) 762-0861
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,557,085
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 60,158 60,214  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 231,929
b Gross sales price for all assets on line 6a 1,081,716
7 Capital gain net income (from Part IV, line 2)... 231,929
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 72 49  
12 Total. Add lines 1 through 11........ 292,159 292,192  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 28,645 27,213   1,432
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 4,701 149   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,346 27,362 0 1,432
25 Contributions, gifts, grants paid........ 102,904 102,904
26 Total expenses and disbursements. Add lines 24 and 25 136,250 27,362 0 104,336
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 155,909
b Net investment income (if negative, enter -0-) 264,830
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 36,114 13,769 13,769
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 282,386    
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,745,973 Click to see attachment2,194,935 2,543,316
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) 2,064,473 2,208,704 2,557,085
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 2,056,208 2,196,118
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 8,265 12,586
30 Total net assets or fund balances (see instructions)...... 2,064,473 2,208,704
31 Total liabilities and net assets/fund balances (see instructions).. 2,064,473 2,208,704
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 2,064,473
2 Enter amount from Part I, line 27a..................... 2 155,909
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 33
4 Add lines 1, 2, and 3.......................... 4 2,220,415
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 11,711
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,208,704
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 32. FORD MTR CO DEL COM PAR $0.01   2013-09-05 2014-01-01
b 68. FORD MTR CO DEL COM PAR $0.01   2013-09-05 2014-01-01
c 38. FORD MTR CO DEL COM PAR $0.01   2013-09-05 2014-01-01
d 83. FORD MTR CO DEL COM PAR $0.01   2013-09-05 2014-01-01
e 1. WYETH   2001-01-01 2014-01-08
18. BEST BUY INC   2013-08-21 2014-01-17
52. BEST BUY INC   2013-08-21 2014-01-17
27. CAPITAL ONE FINANCIAL CORP   2013-07-30 2014-01-21
35. CAPITAL ONE FINANCIAL CORP   2013-07-24 2014-01-21
6. CELGENE CORP   2009-10-22 2014-01-21
15. QUALCOMM   2010-11-17 2014-01-21
67. INTEL CORP   2011-06-28 2014-01-27
26. YAHOO! INC COM   2013-07-02 2014-01-27
11. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-07-02 2014-01-27
40. EBAY INC   2011-02-14 2014-01-28
15. YAHOO! INC COM   2013-09-13 2014-01-28
674.764 PUTNAM INTERNATIONAL CAPITAL OPPORTUNITIES FUND   2010-05-14 2014-02-03
18. CITIGROUP INC   2013-05-20 2014-02-06
74. CITIGROUP INC   2010-03-10 2014-02-06
56. SMITH A O CORP COMMON   2013-11-01 2014-02-06
36. SMITH A O CORP COMMON   2013-11-01 2014-02-06
38. EBAY INC   2011-02-14 2014-02-07
8. WYNN RESORTS LTD   2013-05-10 2014-02-19
42. OMNICARE INC   2013-01-04 2014-02-21
10. OMNICARE INC   2013-07-31 2014-02-21
39. OMNICARE INC   2012-12-13 2014-02-21
4. SHIRE PLC SPONSORED ADR   2011-02-15 2014-02-24
3. VISA INC CLASS A SHARES   2008-05-01 2014-02-24
10. WESTERN DIGITAL CORP   2013-05-03 2014-02-24
2. CHUBB CORP COM   2010-11-01 2014-02-25
2. HANESBRANDS INC - W/I   2014-02-19 2014-02-25
3. HELMERICH & PAYNE INC COM   2013-02-26 2014-02-25
2. JOHNSON & JOHNSON COM   2011-05-17 2014-02-25
13. INTERCONTINENTAL EXCHANGE INC   2011-11-08 2014-02-28
13. QUALCOMM   2011-01-14 2014-03-03
32. QUESTCOR PHARMACEUTICALS INC   2013-10-15 2014-03-03
9. WESTERN DIGITAL CORP   2013-05-03 2014-03-03
16. DELTA AIR LINES INC   2013-07-02 2014-03-04
30. GENERAL ELEC CO COM   2009-06-10 2014-03-04
33. QUESTCOR PHARMACEUTICALS INC   2013-10-01 2014-03-04
16. NU SKIN ENTERPRISES INC   2013-10-30 2014-03-06
24. PROCTER & GAMBLE CO   2013-02-08 2014-03-06
10. PROCTER & GAMBLE CO   2010-02-05 2014-03-07
20. ROGERS COMMUNICATIONS INC CL B   2013-04-26 2014-03-07
12. ROGERS COMMUNICATIONS INC CL B   2013-04-26 2014-03-07
14. CELGENE CORP   2011-03-08 2014-03-11
12. PVH CORP   2011-04-27 2014-03-11
12. PVH CORP   2012-10-16 2014-03-13
7. PROCTER & GAMBLE CO   2010-02-05 2014-03-13
44. AETNA INC NEW   2013-05-14 2014-03-17
47. ALLSTATE CORP   2013-02-20 2014-03-17
36. ALLSTATE CORP   2013-02-20 2014-03-17
119. ALTRIA GROUP INC   2013-05-10 2014-03-17
30. AMERICAN EXPRESS CO   2010-07-09 2014-03-17
19. AMGEN INC   2014-03-03 2014-03-17
24. AMGEN INC   2013-12-13 2014-03-17
10. APPLE INC   2009-03-11 2014-03-17
8. APPLE INC   2013-10-10 2014-03-17
8. APPLE INC   2013-09-24 2014-03-17
34. B/E AEROSPACE INC   2012-11-27 2014-03-17
17. BECTON DICKINSON & CO   2013-03-08 2014-03-17
10. BECTON DICKINSON & CO   2013-05-09 2014-03-17
7. BIOGEN INC   2013-05-28 2014-03-17
21. BOEING CO   2012-08-22 2014-03-17
12. BOEING CO   2013-05-28 2014-03-17
21. BOEING CO   2012-07-30 2014-03-17
44. CBS CORP CLASS B WI   2012-07-17 2014-03-17
12. CBS CORP CLASS B WI   2013-03-21 2014-03-17
38. CVS CAREMARK CORP   2013-02-20 2014-03-17
48. CVS CAREMARK CORP   2013-05-14 2014-03-17
36. CHEVRON CORPORATION   2009-03-05 2014-03-17
24. CHUBB CORP COM   2010-11-01 2014-03-17
131. CISCO SYS INC COM   2011-09-13 2014-03-17
23. CISCO SYS INC COM   2013-03-18 2014-03-17
46. COCACOLA CO   2011-08-03 2014-03-17
59. COCA COLA ENTERPRISES   2011-12-05 2014-03-17
12. COCA COLA ENTERPRISES   2014-03-06 2014-03-17
45. COCA COLA ENTERPRISES   2011-12-05 2014-03-17
38. COMCAST CORPORATION CL A   2012-07-23 2014-03-17
4. COMCAST CORPORATION CL A   2013-07-15 2014-03-17
39. COMCAST CORPORATION CL A   2010-01-08 2014-03-17
24. CONOCOPHILLIPS   2013-08-30 2014-03-17
27. CONOCOPHILLIPS   2013-10-11 2014-03-17
30. COVANCE INC   2013-12-13 2014-03-17
85. DELTA AIR LINES INC   2013-10-10 2014-03-17
87. DELTA AIR LINES INC   2013-07-02 2014-03-17
18. DISNEY WALT CO   2014-02-06 2014-03-17
28. DISNEY WALT CO   2012-06-26 2014-03-17
31. DISNEY WALT CO   2012-06-04 2014-03-17
64. DISCOVER FINANCIAL W/I   2011-03-25 2014-03-17
13. EOG RES INC   2013-05-28 2014-03-17
46. EXTRA SPACE STORAGE INC   2013-10-10 2014-03-17
33. EXTRA SPACE STORAGE INC   2013-10-11 2014-03-17
63. EXXON MOBIL CORP   2012-06-27 2014-03-17
119. FIFTH THIRD BANCORP   2012-08-07 2014-03-17
36. FOOT LOCKER INC   2012-11-20 2014-03-17
8. FOOT LOCKER INC   2013-12-18 2014-03-17
46. FOOT LOCKER INC   2013-05-09 2014-03-17
42. FOOT LOCKER INC   2014-03-13 2014-03-17
31. FRANKLIN RES INC COM   2013-05-28 2014-03-17
41. FRANKLIN RES INC COM   2011-05-17 2014-03-17
171. GENERAL ELEC CO COM   2009-06-10 2014-03-17
10. GOLDMAN SACHS GROUP INC COM   2013-02-08 2014-03-17
20. GOLDMAN SACHS GROUP INC COM   2012-10-24 2014-03-17
3. GOOGLE INC CL A   2013-10-18 2014-03-17
2. GOOGLE INC CL A   2012-07-23 2014-03-17
2. GOOGLE INC CL A   2013-07-02 2014-03-17
37. HALLIBURTON CO   2013-07-19 2014-03-17
36. HALLIBURTON CO   2012-08-15 2014-03-17
50. HANESBRANDS INC - W/I   2013-07-02 2014-03-17
25. HANESBRANDS INC - W/I   2014-02-19 2014-03-17
28. HELMERICH & PAYNE INC COM   2013-02-25 2014-03-17
17. HELMERICH & PAYNE INC COM   2013-02-26 2014-03-17
23. HELMERICH & PAYNE INC COM   2013-08-07 2014-03-17
44. HENRY JACK & ASSOC INC COM   2013-09-26 2014-03-17
22. HERSHEY FOODS CORP COM   2010-06-04 2014-03-17
41. HOME DEPOT INC COM   2011-12-02 2014-03-17
101. J P MORGAN CHASE & CO COM   2009-03-17 2014-03-17
15. J P MORGAN CHASE & CO COM   2013-05-31 2014-03-17
22. JOHNSON & JOHNSON COM   2011-05-27 2014-03-17
50. JOHNSON & JOHNSON COM   2011-05-17 2014-03-17
78. KKR & CO LP   2014-01-21 2014-03-17
72. KKR & CO LP   2014-01-21 2014-03-17
19. KIMBERLY-CLARK CORP COM   2014-03-06 2014-03-17
29. LAS VEGAS SANDS CORP   2013-09-13 2014-03-17
49. LEVEL 3 COMMUNICATIONS INC   2014-03-07 2014-03-17
72. LINCOLN NATIONAL CORP   2013-04-15 2014-03-17
14. LOCKHEED MARTIN CORP   2013-11-22 2014-03-17
54. MSCI INC   2013-10-23 2014-03-17
38. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-03-17
23. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-03-17
6. MAGNA INTERNATIONAL ISIN CA5592224011   2013-12-31 2014-03-17
38. MANPOWER GROUP INC   2013-10-03 2014-03-17
27. MANPOWER GROUP INC   2013-10-18 2014-03-17
19. MCKESSON HBOC INC COMMN   2013-10-22 2014-03-17
14. MCKESSON HBOC INC COMMN   2013-10-14 2014-03-17
65. MERCK & CO INC   2014-01-27 2014-03-17
46. METHANEX CORP SEDOL 2654416   2013-11-11 2014-03-17
38. METHANEX CORP SEDOL 2654416   2013-11-11 2014-03-17
61. METLIFE INC COM   2012-08-23 2014-03-17
69. MICROSOFT CORP   2009-10-26 2014-03-17
41. NATIONAL FUEL GAS CO N J COM   2013-05-09 2014-03-17
36. NIKE INC CL B   2013-03-08 2014-03-17
18. NORFOLK SOUTHN CORP COM   2014-02-06 2014-03-17
22. OCEANEERING INTERNATIONAL INC   2013-09-03 2014-03-17
97. ORACLE CORP   2011-05-18 2014-03-17
39. ORACLE CORP   2013-10-18 2014-03-17
17. PPG INDS INC COM   2013-10-25 2014-03-17
9. PPG INDS INC COM   2013-11-08 2014-03-17
85. PFIZER INC COM   2010-08-12 2014-03-17
27. POLARIS INDS INC   2011-05-27 2014-03-17
2. PRICELINE.COM INC   2014-02-07 2014-03-17
28. PROCTER & GAMBLE CO   2012-11-30 2014-03-17
32. QUALCOMM   2011-03-08 2014-03-17
60. QUANTA SVCS INC   2014-03-04 2014-03-17
349. REGIONS FINANCIAL CORP   2013-04-26 2014-03-17
382. RITE AID CORP   2013-12-03 2014-03-17
19. ST JUDE MEDICAL INC   2013-07-23 2014-03-17
37. ST JUDE MEDICAL INC   2013-01-29 2014-03-17
42. ST JUDE MEDICAL INC   2013-01-18 2014-03-17
10. ST JUDE MEDICAL INC   2013-07-31 2014-03-17
27. SANDISK CORP   2014-01-21 2014-03-17
26. SANDISK CORP   2013-11-29 2014-03-17
6. SHIRE PLC SPONSORED ADR   2013-10-25 2014-03-17
18. SHIRE PLC SPONSORED ADR   2011-02-16 2014-03-17
78. SKYWORKS SOLUTIONS INC COM   2014-02-24 2014-03-17
18. SNAP-ON INC COM   2013-09-13 2014-03-17
6. SNAP-ON INC COM   2013-11-08 2014-03-17
91. SOUTHWEST AIRLINES COM   2014-02-06 2014-03-17
23. STARBUCKS CORP COM   2013-09-13 2014-03-17
13. STARBUCKS CORP COM   2014-01-17 2014-03-17
70. SUNTRUST BANKS INC COM   2014-02-06 2014-03-17
18. THERMO ELECTRON CORP COM   2014-03-11 2014-03-17
43. TIME WARNER INC   2013-12-18 2014-03-17
40. TIME WARNER INC   2013-12-18 2014-03-17
8. UNION PAC CORP COM   2012-10-24 2014-03-17
8. UNION PAC CORP COM   2013-05-28 2014-03-17
11. UNION PAC CORP COM   2010-04-29 2014-03-17
46. UNITED RENTALS INC COM   2012-11-20 2014-03-17
30. UNITED RENTALS INC COM   2013-01-10 2014-03-17
23. UNITED TECHNOLOGIES CORP COM   2009-08-25 2014-03-17
15. UNITED TECHNOLOGIES CORP COM   2009-08-25 2014-03-17
62. VALERO ENERGY CORP NEW COM   2013-12-03 2014-03-17
32. VERIZON COMMUNICATIONS COM   2013-04-26 2014-03-17
3. VISA INC CLASS A SHARES   2013-05-09 2014-03-17
12. VISA INC CLASS A SHARES   2008-05-01 2014-03-17
10. VISA INC CLASS A SHARES   2011-08-16 2014-03-17
5. WELLS FARGO & CO NEW COM   2014-01-21 2014-03-17
132. WELLS FARGO & CO NEW COM   2009-04-17 2014-03-17
3. WESTERN DIGITAL CORP   2013-05-03 2014-03-17
20. WESTERN DIGITAL CORP   2013-10-18 2014-03-17
31. WHITING PETROLEUM CORP   2013-04-15 2014-03-17
74. WISCONSIN ENERGY CORP   2009-02-19 2014-03-17
40. WYNDHAM WORLDWIDE CORP   2010-10-05 2014-03-17
26. WYNDHAM WORLDWIDE CORP   2011-06-28 2014-03-17
5. WYNDHAM WORLDWIDE CORP   2013-12-30 2014-03-17
12. WYNN RESORTS LTD   2013-05-13 2014-03-17
52. YAHOO! INC COM   2013-09-13 2014-03-17
34. YAHOO! INC COM   2013-07-02 2014-03-17
10. YAHOO! INC COM   2013-10-03 2014-03-17
26. ZIMMER HOLDINGS INC   2014-02-21 2014-03-17
30. ZIMMER HOLDINGS INC   2014-02-21 2014-03-17
11. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-07-02 2014-03-17
31. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6   2012-10-16 2014-03-17
27. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6   2014-02-28 2014-03-17
43. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-28 2014-03-17
31. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-27 2014-03-17
34. CHECK POINT SOFTWARE COM   2014-03-03 2014-03-17
72. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2013-11-26 2014-03-17
489.625 DODGE & COX INTERNATIONAL STOCK FUND   2009-01-06 2014-03-24
956.275 HARBOR FD INTL FD   2004-12-20 2014-03-24
867.052 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO   2010-09-16 2014-03-24
600.781 MFS VALUE FUND CLASS I   2009-10-16 2014-03-24
1. CITIGROUP INC   2001-01-01 2014-07-31
120.7 GOLDMAN SACHS GRTH OPPOR INSTIT CLASS   2012-08-10 2014-09-05
71.327 MFS VALUE FUND CLASS I   2009-10-16 2014-09-05
44.635 T ROWE PRICE GROWTH STOCK FUND   2009-10-16 2014-09-05
52.51 ROWE PRICE NEW HORIZONS FUND INC CAP   2012-02-03 2014-09-05
66.667 ROWE T PRICE VALUE FD INC COM   2014-03-24 2014-09-05
131.441 TOUCHSTONE SANDS CAPITAL SELECT GROWTH FD CLASS Y   2014-03-24 2014-09-05
5216.426 EATON VANCE FLOATING RATE FUND CLASS I   2012-11-29 2014-11-20
23669.828 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2009-03-17 2014-11-20
947.434 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2013-12-11 2014-11-20
374.923 PIMCO UNCONSTRAINED BOND FUND INSTITUTIONAL CLASS   2013-12-11 2014-11-20
4133.333 PIMCO UNCONSTRAINED BOND FUND INSTITUTIONAL CLASS   2013-07-08 2014-11-20
1366.743 TEMPLETON GLOBAL BOND FUND AD FUND   2011-06-23 2014-11-20
82.282 MFS VALUE FUND CLASS I   2009-10-16 2014-12-05
52.056 T ROWE PRICE GROWTH STOCK FUND   2009-10-16 2014-12-05
77.942 ROWE T PRICE VALUE FD INC COM   2014-03-24 2014-12-05
154.48 TOUCHSTONE SANDS CAPITAL SELECT GROWTH FD CLASS Y   2014-03-24 2014-12-05
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 491   554 -63
b 1,039   1,178 -139
c 583   658 -75
d 1,268   1,447 -179
e 49   25 24
450   611 -161
1,300   1,766 -466
1,960   1,856 104
2,540   2,402 138
1,006   332 674
1,131   745 386
1,660   1,439 221
964   654 310
1,557   770 787
2,120   1,358 762
564   439 125
25,540   20,000 5,540
865   932 -67
3,554   2,960 594
2,571   2,955 -384
1,653   1,898 -245
2,072   1,406 666
1,778   1,115 663
2,571   1,580 991
612   530 82
2,387   1,402 985
679   333 346
680   259 421
889   575 314
174   117 57
149   146 3
291   193 98
182   132 50
2,713   1,636 1,077
955   707 248
2,030   2,038 -8
790   517 273
548   306 242
768   402 366
2,153   1,941 212
1,237   1,878 -641
1,876   1,824 52
783   611 172
779   985 -206
469   591 -122
2,225   837 1,388
1,480   903 577
1,399   1,165 234
556   462 94
3,217   2,654 563
2,609   2,195 414
1,998   1,681 317
4,323   4,359 -36
2,732   1,272 1,460
2,354   2,349 5
2,973   2,796 177
5,279   1,651 3,628
4,223   4,128 95
4,223   4,021 202
2,962   1,548 1,414
1,966   1,508 458
1,157   977 180
2,422   1,667 755
2,634   1,529 1,105
1,505   1,207 298
2,634   1,577 1,057
2,902   1,404 1,498
791   554 237
2,825   1,982 843
3,568   2,860 708
4,137   2,982 1,155
2,086   1,406 680
2,815   2,455 360
494   501 -7
1,761   1,616 145
2,823   1,551 1,272
574   573 1
2,153   1,223 930
1,934   1,196 738
204   178 26
1,984   833 1,151
1,610   1,593 17
1,812   1,934 -122
3,084   2,566 518
2,914   2,088 826
2,983   1,754 1,229
1,465   1,405 60
2,280   1,325 955
2,524   1,462 1,062
3,689   1,601 2,088
2,433   1,702 731
2,235   2,150 85
1,603   1,564 39
5,924   5,299 625
2,684   1,724 960
1,629   1,216 413
362   316 46
2,082   1,631 451
1,901   1,926 -25
1,606   1,709 -103
2,124   1,637 487
4,337   3,111 1,226
1,670   1,512 158
3,341   2,719 622
3,585   3,121 464
2,390   1,368 1,022
2,390   1,763 627
2,095   1,692 403
2,038   1,238 800
3,703   2,625 1,078
1,851   1,831 20
2,818   1,801 1,017
1,711   1,096 615
2,315   1,540 775
2,499   2,325 174
2,315   1,094 1,221
3,262   1,951 1,311
5,808   3,304 2,504
863   826 37
2,063   1,461 602
4,689   3,383 1,306
1,817   2,052 -235
1,677   1,894 -217
2,109   2,083 26
2,423   1,841 582
1,853   1,844 9
3,642   2,353 1,289
2,293   1,981 312
2,462   2,266 196
3,635   2,730 905
2,200   1,603 597
574   487 87
2,903   2,900 3
2,062   2,141 -79
3,458   2,810 648
2,548   1,932 616
3,658   3,473 185
3,097   2,788 309
2,558   2,307 251
3,176   2,151 1,025
2,633   2,030 603
3,093   2,605 488
2,846   1,970 876
1,725   1,681 44
1,546   1,705 -159
3,711   2,755 956
1,492   1,286 206
3,332   3,079 253
1,764   1,630 134
2,663   1,782 881
3,793   1,402 2,391
2,593   2,386 207
2,232   1,953 279
2,473   1,932 541
2,166   2,144 22
3,769   3,077 692
2,635   2,318 317
1,262   995 267
2,458   1,540 918
2,790   1,663 1,127
664   526 138
2,024   1,933 91
1,949   1,776 173
935   813 122
2,804   1,541 1,263
2,885   2,719 166
2,011   1,779 232
670   629 41
2,184   1,906 278
1,711   1,733 -22
967   973 -6
2,733   2,628 105
2,217   2,275 -58
2,874   2,908 -34
2,674   2,708 -34
1,498   972 526
1,498   1,268 230
2,060   856 1,204
4,189   1,965 2,224
2,732   1,444 1,288
2,635   1,467 1,168
1,719   899 820
3,373   2,869 504
1,483   1,712 -229
669   537 132
2,675   1,021 1,654
2,229   934 1,295
240   233 7
6,339   2,844 3,495
256   172 84
1,704   1,432 272
2,115   1,534 581
3,375   1,442 1,933
2,911   1,133 1,778
1,892   866 1,026
364   367 -3
2,808   1,655 1,153
2,036   1,520 516
1,331   856 475
391   338 53
2,457   2,493 -36
2,835   2,876 -41
1,659   770 889
3,049   1,749 1,300
2,663   2,642 21
2,494   2,443 51
1,798   1,783 15
2,352   2,288 64
4,242   3,059 1,183
21,000   9,664 11,336
66,518   50,304 16,214
15,000   11,783 3,217
20,000   12,352 7,648
173   25 148
4,000   3,031 969
2,500   1,466 1,034
2,500   1,165 1,335
2,500   1,824 676
2,500   2,308 192
2,500   2,395 105
47,000   47,469 -469
259,185   254,555 4,630
10,374   10,191 183
4,218   4,177 41
46,500   46,500  
18,000   18,793 -793
3,000   1,692 1,308
3,000   1,359 1,641
3,000   2,698 302
3,000   2,815 185
      71,715
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       -63
b       -139
c       -75
d       -179
e       24
      -161
      -466
      104
      138
      674
      386
      221
      310
      787
      762
      125
      5,540
      -67
      594
      -384
      -245
      666
      663
      991
      82
      985
      346
      421
      314
      57
      3
      98
      50
      1,077
      248
      -8
      273
      242
      366
      212
      -641
      52
      172
      -206
      -122
      1,388
      577
      234
      94
      563
      414
      317
      -36
      1,460
      5
      177
      3,628
      95
      202
      1,414
      458
      180
      755
      1,105
      298
      1,057
      1,498
      237
      843
      708
      1,155
      680
      360
      -7
      145
      1,272
      1
      930
      738
      26
      1,151
      17
      -122
      518
      826
      1,229
      60
      955
      1,062
      2,088
      731
      85
      39
      625
      960
      413
      46
      451
      -25
      -103
      487
      1,226
      158
      622
      464
      1,022
      627
      403
      800
      1,078
      20
      1,017
      615
      775
      174
      1,221
      1,311
      2,504
      37
      602
      1,306
      -235
      -217
      26
      582
      9
      1,289
      312
      196
      905
      597
      87
      3
      -79
      648
      616
      185
      309
      251
      1,025
      603
      488
      876
      44
      -159
      956
      206
      253
      134
      881
      2,391
      207
      279
      541
      22
      692
      317
      267
      918
      1,127
      138
      91
      173
      122
      1,263
      166
      232
      41
      278
      -22
      -6
      105
      -58
      -34
      -34
      526
      230
      1,204
      2,224
      1,288
      1,168
      820
      504
      -229
      132
      1,654
      1,295
      7
      3,495
      84
      272
      581
      1,933
      1,778
      1,026
      -3
      1,153
      516
      475
      53
      -36
      -41
      889
      1,300
      21
      51
      15
      64
      1,183
      11,336
      16,214
      3,217
      7,648
      148
      969
      1,034
      1,335
      676
      192
      105
      -469
      4,630
      183
      41
       
      -793
      1,308
      1,641
      302
      185
       
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 2 231,929
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 99,553 2,348,017 0.042399
2012 97,477 2,183,901 0.044634
2011 95,884 2,183,111 0.043921
2010 98,363 2,050,650 0.047967
2009      
2 Total of line 1, column (d) ...................... 2 0.178921
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 0.04473
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,510,998
5 Multiply line 4 by line 3....................... 5 112,317
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,648
7 Add lines 5 and 6......................... 7 114,965
8 Enter qualifying distributions from Part XII, line 4.............. 8 104,336
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 5,297
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 5,297
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 5,297
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 3,496
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,496
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,801
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 taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletPNC BANK NA Telephone no.bullet (412) 762-0861
    Located atbullet620 LIBERTY AVENUEPITTSBURGHPA ZIP+4bullet152222705
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to
    employee benefit plans
    and deferred compensation
    (e) Expense account,
    other allowances
    PNC BANK NA TRUSTEE
    6
    28,645    
    620 LIBERTY AVENUE
    PITTSBURGH,PA15222
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,549,237
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,549,237
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,549,237
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    38,239
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,510,998
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    125,550
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    125,550
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    5,297
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,297
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    120,253
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    120,253
    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
    120,253
    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
    104,336
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    104,336
    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
    104,336
    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 7 120,253
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 38,285
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 104,336
    a Applied to 2013, but not more than line 2a 38,285
    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..... 66,051
    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 ..........
    54,202
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 0
    e Excess from 2014.... 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN NATIONAL RED CROSS
    134 E MAIN ST
    CORRY,PA16407
    NONE PC GENERAL SUPPORT 11,434
    EMMANUEL CHURCH
    327 N CENTER ST
    CORRY,PA16407
    NONE PC GENERAL SUPPORT 34,301
    ERIE COMMUNITY FOUNDATION
    127 W 6TH ST
    ERIE,PA16501
    NONE PC GENERAL SUPPORT 34,301
    THE SALVATION ARMY
    127 WEST WASHINGTON ST
    CORRY,PA16407
    NONE PC GENERAL SUPPORT 11,434
    YMCA CORRY CHAPTER
    906 N CENTER ST
    CORRY,PA16407
    NONE PC GENERAL SUPPORT 11,434
    Total .................................bullet 3a 102,904
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............
             
    4 Dividends and interest from securities....     14 60,158  
    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 .............
        18 231,929  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aKKR & CO LP     14 72  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   292,159  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13292,159
    (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 InvestmentsOtherSchedule2
    Name:
    CLIFFORD BLISS PA 12
    EIN: 25-6103340
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 843,908 842,371
    MUTUAL FUNDS - EQUITY AT COST 1,351,027 1,700,945

    TY 2014 OtherDecreasesSchedule
    Name:
    CLIFFORD BLISS PA 12
    EIN: 25-6103340
    Description Amount
       


    TY 2014 OtherIncomeSchedule2
    Name:
    CLIFFORD BLISS PA 12
    EIN: 25-6103340
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    KKR & CO LP 72 0  
    MULTIPLE PARTNERSHIPS   49  


    TY 2014 OtherIncreasesSchedule
    Name:
    CLIFFORD BLISS PA 12
    EIN: 25-6103340
    Description Amount
       


    TY 2014 TaxesSchedule
    Name:
    CLIFFORD BLISS PA 12
    EIN: 25-6103340
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 17 17   0
    FEDERAL TAX PAYMENT - PRIOR YE 1,056 0   0
    FEDERAL ESTIMATES - PRINCIPAL 3,496 0   0
    FOREIGN TAXES ON QUALIFIED FOR 131 131   0
    FOREIGN TAXES ON NONQUALIFIED 1 1   0