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
ROGER & JOYCE NUSSBAUM FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)134 DONALDSON STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HIGHLAND PARK, NJ08904
A Employer identification number

22-6570224
B Telephone number (see instructions)

(732) 246-4928
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$281,802J 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).............. 98,615
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 694   694
4 Dividends and interest from securities...... 6,876 6,848 6,876
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 2,399
b Gross sales price for all assets on line 6a 230,006
7 Capital gain net income (from Part IV, line 2)... 6,043
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 108,584 12,891 7,570
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,925 1,925    
b Accounting fees (attach schedule)....... Click to see attachment 12,954 12,954    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 342 342 231  
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 2,302 1,302 1,302  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 17,523 16,523 1,533 0
25 Contributions, gifts, grants paid........ 14,495 14,495
26 Total expenses and disbursements. Add lines 24 and 25 32,018 16,523 1,533 14,495
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 76,566
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 6,037
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............... 4,768 1,812 1,812
2 Savings and temporary cash investments.......... 1,836 8,972 8,972
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 114,072 Click to see attachment171,191 171,541
c Investments—corporate bonds (attach schedule)........ 73,656 Click to see attachment70,870 70,572
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 13,404 Click to see attachment31,457 28,905
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) 207,736 284,302 281,802
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................... 207,736 284,302
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 207,736 284,302
31 Total liabilities and net assets/fund balances (see instructions).. 207,736 284,302
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)............... 1 207,736
2 Enter amount from Part I, line 27a..................... 2 76,566
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 284,302
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 284,302
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.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,043
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 14,805 160,000 0.092531
2012 13,115 155,000 0.084613
2011 13,931 154,800 0.089994
2010 12,120 127,900 0.094762
2009 11,570 101,300 0.114215
2 Total of line 1, column (d) ...................... 2 0.476115
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 0.095223
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 195,000
5 Multiply line 4 by line 3....................... 5 18,568
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7 18,568
8 Enter qualifying distributions from Part XII, line 4.............. 8 14,495
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 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5  
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a  
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  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
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
 
 
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
 
 
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
     
     
    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
     
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletROGER NUSSBAUM TRUSTEE Telephone no.bullet (732) 246-4928
    Located atbullet134 DONALDSON STREETHIGHLAND PARKNJ ZIP+4bullet08904
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    ROGER NUSSBAUM TRUSTEE
    2.00     		0 0 0
    134 DONALDSON ST
    HIGHLAND PARK,NJ08904
    JOYCE NUSSBAUM TRUSTEE
    2.00     		0 0 0
    134 DONALDSON ST
    HIGHLAND PARK,NJ08904
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    220,000
    b
    Average of monthly cash balances.......................
    1b
    5,000
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    225,000
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    225,000
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    30,000
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    195,000
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    9,750
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    9,750
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
     
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,750
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    9,750
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    9,750
    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
    14,495
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    14,495
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    14,495
    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 9,750
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 6,575
    b From 2010....... 5,798
    c From 2011....... 6,269
    d From 2012....... 5,483
    e From 2013....... 6,885
    fTotal of lines 3a through e......... 31,010
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 14,495
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 9,750
    e Remaining amount distributed out of corpus 4,745
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 35,755
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		6,575
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		29,180
    10 Analysis of line 9:
    a Excess from 2010.... 5,798
    b Excess from 2011.... 6,269
    c Excess from 2012.... 5,483
    d Excess from 2013.... 6,885
    e Excess from 2014.... 4,745
    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 KIDNEY FUND
    3110 EXECUTIVE BLVD
    ROCKVILLE,MD20852     		  PC SCIENTIFIC/ MEDICAL 100
    AMERICAN MUSEUM OF NATIONAL HISTORY
    PO BOX 3881
    NEW YORK,NY10277     		  PC EDUCATIONAL 100
    ANSHE EMETH MEMORIAL TEMPLE
    222 LIVINGSTON AVE
    NEW BRUNSWICK,NJ08904     		  PC RELIGIOUS 4,445
    ANTI-DEFAMATION LEAGUE
    605 THIRD AVE
    NEW YORK,NY10158     		  PC EDUCATIONAL 100
    CENTER OF BIOLOGICAL DIVERSITY
    PO BOX 710
    TUCSON,AZ85702     		  PC SCIENTIFIC/MEDICAL 1,000
    CHARITY NAVIGATOR
    139 HARRISTOWN RD
    GLEN ROCK,NJ07452     		  PC EDUCATIONAL 50
    ENVIROMENTAL DEFENSE
    257 PARK AVE SOUTH
    NEW YORK,NY10010     		  PC EDUCATIONAL 500
    HADASSAH
    50 W 58TH STREET
    NEW YORK,NY10019     		  PC HUMANITARIAN 200
    HAVARD COLLEGE FUND
    124 MT AUBURN STREET
    CAMBRIDGE,MA02138     		  PC EDUCATIONAL 1,000
    HIGHLAND PARK FIRST AID SQUAD
    128 S 11TH AVE
    HIGHLAND PARK,NJ08904     		  PC HUMANITARIAN 500
    HIGHLAND PARK PUBLIC LIBRARY
    31 N 5TH AVE
    HIGHLAND PARK,NJ08904     		  PC COMMUNITY 500
    HIGHLAND PARK VOLUNTEER FIRE DEPT
    220 S FIFTH AVE
    HIGHLAND PARK,NJ08904     		  PC COMMUNITY 500
    JBI INTERNATIONAL
    110 E 30TH ST
    NEW YORK,NY10016     		  PC EDUCATIONAL 100
    JEWISH NATIONAL FUND
    42 E 69TH ST
    NEW YORK,NY10021     		  PC RELIGIOUS 200
    JONAH SOLKOFF ESKIN MEMORIAL FUND
    134 DONALDSON ST
    HIGHLAND PARK,NJ08904     		  PC COMMUNITY 100
    MAKHELAT HAMERKAZ
    NEVE SHALOM 250 GROVE AVE
    METUCHEN,NJ08840     		  PC RELIGIOUS 180
    METROPOLITAN OPERA GUILD
    70 LINCOLN CENTER PLAZA 6
    NEW YORK,NY10023     		  PC EDUCATIONAL 750
    MYRIAM'S DREAM
    907 FOUR SEASONS DR
    WAYNE,NJ07470     		  PC COMMUNITY 100
    NATIVE SEEDSSEARCH
    3584 E RIVER RD
    TUCSON,AZ85718     		  PC SCIENTIFIC 200
    NJTV
    PO BOX 5254
    ENGLEWOOD,NJ07631     		  PC EDUCATIONAL 200
    PATHFINDER INTERNATIONAL
    9 GALEN ST
    WATERTOWN,MA02472     		  PC HUMANITARIAN 500
    POPULATION ACTION INTERNATIONAL
    1300 19TH STREET NW
    WASHINGTON,DC20036     		  PC EDUCATIONAL 400
    POPULATION COUNCIL
    ONE DAG HAMMERSKJOLD PLAZ
    NEW YORK,NY10017     		  PC HUMANITARIAN 250
    RAINFOREST ALLIANCE
    665 BROADWAY
    NEW YORK,NY10012     		  PC HUMANITARIAN 300
    SD IRELAND CANCER RESEARCH FUND
    169 WESTVIEW DRIVE
    SHELBURNE,VT05482     		  PC HUMANITARIAN 500
    STARLIGHT CHILDREN'S FOUNDATION
    1560 BROADWAY SUITE 600
    NEW YORK,NY10036     		  PC EDUCATIONAL 100
    SUMMIT SPEECH SCHOOL
    705 CENTRAL AVE
    NEW PROVIDENCE,NJ07974     		  PC EDUCATIONAL 100
    SUPPORT THE MET BROADCASTS CAMPAIGN
    MET OPERA LINCOLN CENTER
    NEW YORK,NY10023     		  PC EDUCATIONAL 200
    THIRTEEN WNET
    450 W 33RD STREET
    NEW YORK,NY10001     		  PC HUMANITARIAN 200
    UNITED WAY OF CENTRAL JERSEY
    32 FORD AVE
    MILLTOWN,NJ08850     		  PC COMMUNITY 100
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC EDUCATIONAL 100
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BLVD
    BRONX,NY10460     		  PC EDUCATIONAL 100
    WNYC RADIO
    160 VARICK STREET
    NEW YORK,NY10013     		  PC EDUCATIONAL 320
    WQXR
    PO BOX 1550
    NEW YORK,NY10116     		  PC EDUCATIONAL 320
    ZAMIR CHORAL FOUNDATION
    475 RIVERSIDE DR STE 825
    NEW YORK,NY10115     		  PC EDUCATIONAL 180
    Total .................................bullet 3a 14,495
    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 ............     		    14 694  
    4 Dividends and interest from securities....     14 6,876  
    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 2,399  
    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)..   9,969  
    13Total. Add line 12, columns (b), (d), and (e)..................
    139,969
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    ROGER & JOYCE NUSSBAUM FOUNDATION
     
    Employer identification number

    22-6570224
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    ROGER & JOYCE NUSSBAUM FOUNDATION
          		Employer identification number

    22-6570224
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    ROGER D NUSSBAUM  
    134 DONALDSON STREET
     
    HIGHLAND PARK, NJ08904

    		$78,964


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    ROGER AND JOYCE NUSSBAUM  
    134 DONALDSON STREET
     
    HIGHLAND PARK, NJ08904

    		$19,651


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    ROGER & JOYCE NUSSBAUM FOUNDATION
          		Employer identification number

    22-6570224
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 194 SHARES MFO FIDELITY CAP TR $ 7,756 2014-11-20
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 2,064 SHARES MFO VANGUARD NT T F $ 25,140 2014-11-20
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 243 SHARES MFO VANGUARD 500 INDE $ 46,068 2014-11-20
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    2
    		 186 SHARES MLP ICAHN ENTER. L P $ 19,651 2014-03-17
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    ROGER & JOYCE NUSSBAUM FOUNDATION
          		Employer identification number

    22-6570224
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCONTING FEES 12,954 12,954    

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    FEDEX CORP 2013-06 PURCHASE 2014-01   6,240 6,091     149  
    MFB NORTHERN FUNDS ULTRA 2013-06 PURCHASE 2014-01   1,645 1,645        
    MFB NORTHERN FDS MULTI-MANAGER 2013-10 PURCHASE 2014-01   983 1,035     -52  
    MFB NORTHERN FUNDS BD INDEX 2013-10 PURCHASE 2014-01   1,124 1,132     -8  
    MFB NORTHERN MULTI-MANAGER 2013-11 PURCHASE 2014-01   2,222 2,209     13  
    MFB NORTHERN MULTI-MANAGER 2013-11 PURCHASE 2014-01   35 40     -5  
    MFB NORTHERN MULTI-MANAGER 2013-11 PURCHASE 2014-01   587 672     -85  
    MFB NORTHERN FDS FIXED INCOME 2013-10 PURCHASE 2014-01   7,170 7,240     -70  
    MFC FLEXSHARES TR MORNINGSTAR 2013-10 PURCHASE 2014-02   243 244     -1  
    MFC FLEXSHARES TR TR IBOXX 3 YR 2013-11 PURCHASE 2014-02   150 150        
    MFB NORTHERN INTL EQTY INDEX FD 2014-01 PURCHASE 2014-02   12 12        
    MFB NORTHERN FUNDS ULTRA SHORT FIX 2013-11 PURCHASE 2014-02   51 51        
    MFB NORTHERN FDS MULTI-MGR 2013-10 PURCHASE 2014-02   3,349 3,594     -245  
    MFB NORTHERN FUNDS BD INDEX 2013-10 PURCHASE 2014-02   326 328     -2  
    MFB NORTHERN MULTI-MGR INTL EQTY 2013-11 PURCHASE 2014-02   141 141        
    MFB NORTHERN HI YIELD FXD INC 2013-10 PURCHASE 2014-02   68 69     -1  
    MFB NORTHERN FDS STK INDEX 2014-01 PURCHASE 2014-02   1,095 1,095        
    MFB NORTHERN FDS FIXED INCOME 2013-10 PURCHASE 2014-02   337 339     -2  
    MFC FLEXSHARES TR MORNINGSTAR 2013-10 PURCHASE 2014-02   242 244     -2  
    MFC FLEXSHARES TR TR IBOXX 3 YR 2013-11 PURCHASE 2014-02   200 200        
    MFB NORTHERN INTL EQTY INDEX 2014-01 PURCHASE 2014-02   161 161        
    MFB NORTHERN MULTI-MGR GLOBAL 2014-02 PURCHASE 2014-02   75 75        
    MFB NORTHERN FUNDS ULTRA 2013-11 PURCHASE 2014-02   102 102        
    MFB NORTHERN FDS MULTI-MGR 2013-10 PURCHASE 2014-02   200 227     -27  
    MFB NORTHERN FDS MULTI-MGR 2013-10 PURCHASE 2014-02   351 371     -20  
    MFB NORTHERN FUNDS BD INDEX FD 2013-10 PURCHASE 2014-02   477 476     1  
    MFB NORTHERN MULTI-MGR INTL EQTY 2013-11 PURCHASE 2014-02   862 856     6  
    MFB NORTHERN FDS SMALL CAP 2013-11 PURCHASE 2014-02   43 44     -1  
    MFB NORTHERN HI YIELD FXD INC 2013-10 PURCHASE 2014-02   502 504     -2  
    MFB NORTHERN FDS STK INDEX FD 2014-01 PURCHASE 2014-02   943 936     7  
    MFB NORTHERN FDS FIXED INCOME 2013-10 PURCHASE 2014-02   575 575        
    MFC FLEXSHARES TR MORNINGSTAR 2014-03 PURCHASE 2014-06   252 246     6  
    MFC FLEXSHARES TR TR IBOXX 3 YR 2013-11 PURCHASE 2014-06   201 200     1  
    MFB NORTHERN INTL EQTY FD 2014-01 PURCHASE 2014-06   154 148     6  
    MFB NORTHERN MULTI-MGR GLOBAL 2014-03 PURCHASE 2014-06   121 114     7  
    MFB NORTHERN FUNDS ULTRA SHORT 2013-11 PURCHASE 2014-06   113 112     1  
    MFB NORTHERN FDS MULTI-MGR 2013-10 PURCHASE 2014-06   196 208     -12  
    MFB NORTHERN FDS MULTI-MGR 2013-10 PURCHASE 2014-06   355 352     3  
    MFB NORTHERN FDS BD INDEX FD 2013-10 PURCHASE 2014-06   469 466     3  
    MFB NORTHERN MULTI-MGR INTL EQUTY 2013-11 PURCHASE 2014-06   975 942     33  
    MFB NORTHERN MULTI-MGR SMALL 2013-11 PURCHASE 2014-06   56 66     -10  
    MFB NORTHERN MULTI-MGR MID CAP 2013-11 PURCHASE 2014-06   181 203     -22  
    MFB NORTHERN FDS SMALL CAP 2013-11 PURCHASE 2014-06   41 44     -3  
    MFB NORTHERN HI YIELD FXD INC 2013-10 PURCHASE 2014-06   491 488     3  
    MFB NORTHERN FDS STK INDEX FD 2014-03 PURCHASE 2014-06   1,076 1,040     36  
    MFB NORTHERN FDS FIXED INCOME 2013-10 PURCHASE 2014-06   581 575     6  
    MFC FLEXSHARES TR MORNINGSTAR 2014-03 PURCHASE 2014-07   113 105     8  
    MFC FLEXSHARES TR TR IBOXX 3 YR 2013-11 PURCHASE 2014-07   100 100        
    MFB NORTHERN INTL EQTY INDEX FD 2014-01 PURCHASE 2014-07   78 74     4  
    MFB NORTHERN MULTI-MGR GLOBAL 2014-03 PURCHASE 2014-07   55 51     4  
    MFB NORTHERN FUNDS ULTRA SHORT 2013-11 PURCHASE 2014-07   41 41        
    MFB NORTHERN FDS MULTI-MGR GLOBAL 2013-10 PURCHASE 2014-07   108 114     -6  
    MFB NORTHERN FDS MULTI-MGR 2013-10 PURCHASE 2014-07   183 176     7  
    MFB NORTHERN FUNDS BD INDEX 2013-10 PURCHASE 2014-07   234 233     1  
    MFB NORTHERN MULTI-MGR INTL EQTY 2013-11 PURCHASE 2014-07   435 412     23  
    MFB NOETHERN MULTI-MGR SMALL CAP 2013-11 PURCHASE 2014-07   24 26     -2  
    MFB NORTHERN MULTI-MGR MID CAP 2013-11 PURCHASE 2014-07   86 94     -8  
    MFB NORTHERN FDS SMALL CAP 2013-11 PURCHASE 2014-07   22 22        
    MFB NORTHERN HI YIELD FXD INC 2013-10 PURCHASE 2014-07   246 244     2  
    MFB NORTHERN FDS STK INDEX FD 2014-03 PURCHASE 2014-07   465 439     26  
    MFB NORTHERN FDS FIXED INCOME 2013-10 PURCHASE 2014-07   280 277     3  
    MFC FLEXSHARES TR MORNINGSTAR 2014-03 PURCHASE 2014-08   519 492     27  
    MFC FLEXSHARES TR TR IBOXX 3 YR 2013-11 PURCHASE 2014-08   375 374     1  
    MFB NORTHERN INTL EQTY INDEX 2014-01 PURCHASE 2014-08   290 285     5  
    MFB NORTHERN MULTI-MGR GLOBAL 2014-03 PURCHASE 2014-08   207 190     17  
    MFB NORTHERN FUNDS ULTRA SHORT 2013-11 PURCHASE 2014-08   195 194     1  
    MFB NORTHERN FDS MULTI-MGR 2013-10 PURCHASE 2014-08   415 436     -21  
    MFB NORTHERN FDS MULTI-MGR 2013-10 PURCHASE 2014-08   752 703     49  
    MFB NORTHERN FUNDS BD INDEX FD 2013-10 PURCHASE 2014-08   912 899     13  
    MFB NORTHERN MULTI-MGR INTL EQTYQ 2013-11 PURCHASE 2014-08   1,686 1,624     62  
    MFB NORTHERN MULTI-MGR SMALL 2013-11 PURCHASE 2014-08   93 106     -13  
    MFB NORTHERN MULTI-MGR MID CAP 2013-11 PURCHASE 2014-08   319 340     -21  
    MFB NORTHERN FDS SMALL CAP CORE FD 2013-11 PURCHASE 2014-08   107 111     -4  
    MFB NORTHERN HI YIELD FXD INC FD 2013-11 PURCHASE 2014-08   961 960     1  
    MFB NORTHERN FDS STK INDEX FD 2014-03 PURCHASE 2014-08   1,966 1,826     140  
    MFB NORTHERN FDS FIXED INCOME FD 2014-03 PURCHASE 2014-08   1,118 1,098     20  
    MFC FLEXSHARES TR MORNINGSTAR GLOBAL 2014-03 PURCHASE 2014-10   1,382 1,498     -116  
    MFB NORTHERN INTL EQTY INDEX FD 2014-03 PURCHASE 2014-10   5,487 5,997     -510  
    MFB NORTHERN MULTI MANAGER GLOBAL 2014-03 PURCHASE 2014-10   63 63        
    MFB NORTHERN FUNDS ULTRA SHORT FIXED 2014-03 PURCHASE 2014-10   3,977 3,969     8  
    MFB NORTHERN FDS MULTI-MANAGER 2013-10 PURCHASE 2014-10   85 95     -10  
    MFB NORTHERN FDS MULTI-MANAGER 2014-03 PURCHASE 2014-10   2,578 2,648     -70  
    MFB NORTHERN FUNDS BD INDEX FD 2013-10 PURCHASE 2014-10   270 265     5  
    MFB NORTHERN MULTI-MANAGER INTL EQTY 2013-11 PURCHASE 2014-10   613 661     -48  
    MFB NORTHERN MULTI MANAGER GLOBAL 2014-02 PURCHASE 2014-11   104 100     4  
    MFB NORTHERN FDS MULTI-MANAGER EMERG 2013-11 PURCHASE 2014-11   285 287     -2  
    MFB NORTHERN HI YIELD FXD INC FD 2014-03 PURCHASE 2014-11   500 510     -10  
    MFB NORTHERN FDS FIXED INCOME FD 2014-10 PURCHASE 2014-11   851 855     -4  
    MFO FIDELITY CAP TR CAP APPRECIATION 2014-10 PURCHASE 2014-12   806 807     -1  
    MFO VANGUARD N J TX-FREE FD INSD 2014-10 PURCHASE 2014-12   502 499     3  
    MFO VANGUARD INDEX TR VANGUARD 500 2014-10 PURCHASE 2014-12   428 411     17  
    MFB NORTHERN FUNDS BD INDEX FD 2014-10 PURCHASE 2014-12   1,874 1,838     36  
    MFB NORTHERN HI YIELD FXD INC FD 2014-10 PURCHASE 2014-12   12,204 12,809     -605  
    MFB NORTHERN MULTI MANAGER GLOBAL 2014-12 PURCHASE 2014-12   74 76     -2  
    CUMMINS ENGINE INC 2005-12 PURCHASE 2014-01   6,419 6,062     357  
    MFC FLEXSHARES TR MORNINGSTAR GLOBAL 2013-10 PURCHASE 2014-11   196 209     -13  
    MFC FLEXSHARES TR TR IBOXX 3 YR 2013-10 PURCHASE 2014-11   173 174     -1  
    MFB NORTHERN FDS MULTI-MANAGER 2013-10 PURCHASE 2014-11   213 227     -14  
    MFB NORTHERN FUNDS BD INDEX FD 2013-10 PURCHASE 2014-11   470 466     4  
    MFB NORTHERN MULTI-MANAGER INTL EQTY 2013-10 PURCHASE 2014-11   808 832     -24  
    MFB NORTHERN MULTIMGR SMALL CAP FD 2013-10 PURCHASE 2014-11   58 65     -7  
    MFB NORTHERN MULTIMGR MID CAP FD 2013-10 PURCHASE 2014-11   188 200     -12  
    MFB NORTHERN FDS SMALL CAP CORE FD 2013-10 PURCHASE 2014-11   44 43     1  
    MFB NORTHERN FDS STK INDEX FD 2013-10 PURCHASE 2014-11   1,108 961     147  
    MFO FIDELITY CAP TR CAP APPRECIATION 2013-09 PURCHASE 2014-12   7,137 7,756     -619  
    MFO VANGUARD N J TX-FREE FD 2013-09 PURCHASE 2014-12   24,787 25,140     -353  
    MFO VANGUARD INDEX TR VANGUARD 500 2013-09 PURCHASE 2014-12   45,954 46,068     -114  
    MFC FLEXCHARES TR TR IBOXX 3 YR 2013-09 PURCHASE 2014-12   2,299 2,344     -45  
    MFB NORTHERN FUNDS BD INDEX FC 2013-09 PURCHASE 2014-12   16,626 16,319     307  
    MFB NORTHERN HI YIELD FXD INC FD 2013-01 PURCHASE 2014-12   6,630 6,999     -369  
    MFB NORTHERN FDS FIXED INCOME FD 2013-11 PURCHASE 2014-12   3,965 3,904     61  
    MFB NORTHERN FDS MULTI-MANAGER 2013-11 PURCHASE 2014-12   1,495 1,716     -221  
    MFB NORTHERN FDS MULTI-MANAGER EMERG 2013-11 PURCHASE 2014-12   3,654 3,862     -208  
    MFB NORTHERN MULTIMGR SMALL CAP FD 2013-11 PURCHASE 2014-12   663 892     -229  
    MFB NORTHERN MULTIMGR MID CAP FD 2013-11 PURCHASE 2014-12   1,750 2,154     -404  
    MFB NORTHERN FDS SMALL CAP CORE FD 2013-11 PURCHASE 2014-12   64 67     -3  
    MLB ICAHN ENTERPRISES L P DEPOSITORY 2013-11 PURCHASE 2014-03   19,021 19,651     -630  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MFB NORTHERN FDS SHORT FIXED    
    MFB NORTHERN FUNDS BD INDEX FD    
    MFB NORTHERN FUNDS FIXED INCOME 33,077 33,391
    MFB NORTHERN HIGH-YIELD    
    MFC FLEXSHARES TR IBOXX 5,469 5,320
    MFB NORTHERN M-M HIGH YIELD 32,324 31,861

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CUMMINS INC    
    FEDEX CORP COM    
    MFB NORTHERN FUNDS STK INDEX 72,615 78,109
    MFB NORTHERN M-M GLOBAL 5,489 5,404
    MFB NORTHERN M-M MID CAP 13,549 12,072
    MFB NORTHERN FUNDS SMALL CAP 3,927 3,895
    MFB NORTHERN M-M SMALL CAP 3,855 3,339
    MFB NORTHERN M-M INTL EQUITY 54,572 51,920
    MFB NORTHERN FDS M-M EMERGING MKTS 17,184 16,802

    TY 2014 InvestmentsOtherSchedule2
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MFB NORTHERN FDS M-M GLOBAL RE AT COST 17,357 15,861
    MFC FLEXSHARES TR MORN GLOBAL AT COST 14,100 13,044

    TY 2014 LegalFeesSchedule
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,925 1,925    


    TY 2014 OtherExpensesSchedule
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    NORTHERN TRUST FEES 1,302 1,302 1,302  
    OFFICE EXPENSE 1,000      


    TY 2014 SubstantialContributorsSch
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Name Address
    ROGER NUSSBAUM 134 DONALDSON STREET
    HIGHLAND PARK,NJ08904


    TY 2014 TaxesSchedule
    Name:
    ROGER & JOYCE NUSSBAUM FOUNDATION
    EIN: 22-6570224
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2013 IRS FORM 990-PF 81 81    
    2013 NJ CRI 200 30 30    
    FOREIGN TAXES PAID 231 231 231