Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE BRODSKY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)1000 LOUISIANA NO 2000   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77002
A Employer identification number

74-6089484
B Telephone number (see instructions)

(713) 751-1600
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$3,249,559J 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 7,354 7,354  
4 Dividends and interest from securities...... 89,632 89,632  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 56,743
b Gross sales price for all assets on line 6a 425,881
7 Capital gain net income (from Part IV, line 2)... 56,743
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........ 153,729 153,729 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,248 3,624 0 3,624
c Other professional fees (attach schedule).... Click to see attachment 9,487 9,487 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,467 1,007 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 378 378 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 19,580 14,496 0 3,624
25 Contributions, gifts, grants paid........ 168,800 168,800
26 Total expenses and disbursements. Add lines 24 and 25 188,380 14,496 0 172,424
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -34,651
b Net investment income (if negative, enter -0-) 139,233
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.......... 169,202 371,827 371,827
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) 913,161 Click to see attachment1,013,162 1,029,417
b Investments—corporate stock (attach schedule)........ 588,745 Click to see attachment592,688 917,189
c Investments—corporate bonds (attach schedule)........ 1,234,415 Click to see attachment892,675 931,126
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,905,523 2,870,352 3,249,559
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment-960 Click to see attachment-1,480
23 Total liabilities (add lines 17 through 22).......... -960 -1,480
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 2,906,483 2,871,832
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)...... 2,906,483 2,871,832
31 Total liabilities and net assets/fund balances (see instructions).. 2,905,523 2,870,352
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 2,906,483
2 Enter amount from Part I, line 27a..................... 2 -34,651
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 2,871,832
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,871,832
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 1,000 SHS MONDELEZ INTL INC P 2008-06-10 2014-10-01
b BANK OF NEW YORK P 2014-01-01 2014-12-31
c CAPITAL GAINS DIVIDENDS P    
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 33,296   21,062 12,234
b 371,164   348,076 23,088
c 21,421     21,421
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       12,234
b       23,088
c       21,421
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 56,743
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 0
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 172,907 3,387,928 0.051036
2012 171,115 3,354,300 0.051014
2011 170,212 3,396,966 0.050107
2010 164,446 3,369,683 0.048802
2009 164,588 3,268,842 0.050351
2 Total of line 1, column (d) ...................... 2 0.251310
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 0.050262
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,341,067
5 Multiply line 4 by line 3....................... 5 167,929
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,392
7 Add lines 5 and 6......................... 7 169,321
8 Enter qualifying distributions from Part XII, line 4.............. 8 172,424
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,392
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,392
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,392
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,480
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 612
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,092
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 10 700
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet700 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDONALD W BRODSKY Telephone no.bullet (713) 751-1600
    Located atbullet1000 LOUISIANA SUITE 2000HOUSTONTX ZIP+4bullet77002
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    RUTH W BRODSKY PRESIDENT
    2.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    JAMES W BRODSKY MD VICE-PRES
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    DONALD W BRODSKY VP/SEC-TRE
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    ELLEN BRODSKY GABER VICE-PRES
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    HARRIS ELLIOT BRODSKY DIRECTOR
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    CHARLES ALEXANDER BRODSKY DIRECTOR
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    LELA ALEXIS BRODSKY DIRECTOR
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    MAX EMMANUIL SCHNEIDLER BRODSKY DIRECTOR
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    GREGOR LANG BRODSKY DIRECTOR
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    LEONORE ELIZABETH BRODSKY DIRECTOR
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    NATHAN SOLMAN GABER DIRECTOR
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    ALICIA LEONORE GABER DIRECTOR
    0.00     		0 0 0
    1000 LOUISIANA STE 2000
    HOUSTON,TX77002
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,180,077
    b
    Average of monthly cash balances.......................
    1b
    211,869
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,391,946
    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
    3,391,946
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    50,879
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,341,067
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    167,053
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    167,053
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    1,392
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,392
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    165,661
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    165,661
    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
    165,661
    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
    172,424
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    172,424
    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
    1,392
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    171,032
    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 7 165,661
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 3,958
    b From 2010.......  
    c From 2011....... 2,884
    d From 2012....... 5,304
    e From 2013....... 6,431
    fTotal of lines 3a through e......... 18,577
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 172,424
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 165,661
    e Remaining amount distributed out of corpus 6,763
    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 25,340
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		3,958
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		21,382
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 2,884
    c Excess from 2012.... 5,304
    d Excess from 2013.... 6,431
    e Excess from 2014.... 6,763
    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).)
    RUTH W BRODSKY
    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
    AID TO VICTIMS OF DOMESTIC ABUSE
    1001 TEXAS AVE 600
    HOUSTON,TX77002     		N/A PC SOCIAL SERVICES 500
    AISHEL HOUSE
    1955 UNIVERSITY BLVD
    HOUSTON,TX77030     		N/A PC SOCIAL SERVICES 200
    ALZHEIMER'S ASSOCIATION
    2909 W HOLDOMBE BLVD
    HOUSTON,TX77025     		N/A PC MEDICAL 1,000
    AMERICAN CANCER SOCIETY
    P O BOX 141606
    AUSTIN,TX787141606     		N/A PC MEDICAL 50
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION
    125 BROAD STREET 18TH FLOOR
    NEW YORK CITY,NY10004     		N/A PC SOCIAL SERVICES 500
    AMERICAN FRIENDS SERVICE COMMITTEE
    P O BOX 98015
    WASHINGTON,DC200908015     		N/A PC SOCIAL SERVICES 100
    AMERICAN JEWISH COMMITTEE
    165 EAST 56 STREET
    NEW YORK CITY,NY01026     		N/A PC RELIGIOUS 700
    AMERICAN JEWISH COMMITTEE
    3355 W ALABAMA 710
    HOUSTON,TX77098     		N/A PC RELIGIOUS 3,360
    B'NAI B'RITH INTERNATIONAL
    2020 K STREET NW 7TH FLOOR
    WASHINGTON,DC20006     		N/A PC RELIGIOUS 200
    B'NAI ISRAEL SYNAGOGUE
    100 PARK PLACE DR
    ALEXANDRIA,LA71301     		N/A PC RELIGIOUS 250
    BIG BROTHERSBIG SISTERS OF GREATER HOUSTON
    6437 HIGH STAR
    HOUSTON,TX77074     		N/A PC SOCIAL SERVICES 5,000
    CAMERA
    P O BOX 35040
    BOSTON,MA021359940     		N/A PC EDUCATIONAL 500
    CARE
    P O BOX 1870
    MERRIFIELD,VA221169646     		N/A PC SOCIAL SERVICES 200
    CANCER FIGHTERS OF HOUSTON
    P O BOX 272641
    HOUSTON,TX772772641     		N/A PC MEDICAL 50
    CHILD ADVOCATES
    2401 PORTSMOUTH 210
    HOUSTON,TX77009     		N/A PC SOCIAL SERVICES 500
    CHILD BUILDERS
    7000 REGENCY SQUARE 230
    HOUSTON,TX77036     		N/A PC SOCIAL SERVICES 500
    CHRISTUS FOUNDATION FOR HEALTHCARE
    P O BOX 1919
    HOUSTON,TX77251     		N/A PC SOCIAL SERVICES 2,500
    CITIZENS FOR ANIMAL PROTECTION
    17555 KATY FREEWAY
    HOUSTON,TX77094     		N/A PC SOCIAL SERVICES 50
    COLLABORATIVE FOR CHILDREN
    3800 BUFFALO SPEEDWAY 300
    HOUSTON,TX77098     		N/A PC SOCIAL SERVICES 500
    CONGREGATIN BETH YESHURUN
    4525 BEECHNUT
    HOUSTON,TX770961801     		N/A PC RELIGIOUS 50
    CONGREGATION BETH ISRAEL
    5600 NORTH BRAESWOOD BLVD
    HOUSTON,TX77096     		N/A PC RELIGIOUS 3,375
    CONGREGATION BETH ISRAEL
    615 COURT STREET
    HONESDALE,PA18431     		N/A PC RELIGIOUS 2,000
    CONGREGATION BRITH SHALOM
    4610 BELLAIRE BLVD
    BELLAIRE,TX77401     		N/A PC RELIGIOUS 200
    CONGREGATION EMANU EL
    1500 SUNSET BLVD
    HOUSTON,TX77005     		N/A PC RELIGIOUS 50
    COVENANT HOUSE TEXAS DONATION PROCESSING
    P O BOX 1863
    MERRIFIELD,VA22116     		N/A PC SOCIAL SERVICES 500
    CREATIVITY FOR PEACE
    369 MONTEZUMA AVE 566
    SANTA FE,NM87501     		N/A PC EDUCATIONAL 500
    CRISIS INTERVENTION OF HOUSTON INC
    3015 RICHMOND 120
    HOUSTON,TX77098     		N/A PC SOCIAL SERVICES 500
    DEPELCHIN CHILDREN'S CENTER
    4950 MEMORIAL DRIVE
    HOUSTON,TX77007     		N/A PC SOCIAL SERVICES 500
    DOCTORS WITHOUT BORDERS
    P O BOX 5022
    HAGERSTOWN,MD21741     		N/A PC MEDICAL 500
    DRESS FOR SUCCESS
    3310 EASTSIDE ST
    HOUSTON,TX77098     		N/A PC SOCIAL SERVICES 200
    ELECTRONIC FRONTIER FOUNDATION
    454 SHOTWELL STREET
    SAN FRANCISCO,CA94110     		N/A PC SOCIAL SERVICES 2,000
    EVIDENCE ACTION
    641 SOUTH ST NW
    WASHINGTON,DC20001     		N/A PC SOCIAL SERVICES 500
    FRIENDS OF ISRAEL DEFENSE FORCE
    1430 BROADWAY
    NEW YORK CITY,NY101380552     		N/A PC RELIGIOUS 100
    GIVE WELL SCHISTOSOMIASIS CONTROL INITIATIVE
    182 HOWARD ST 208
    SAN FRANCISCO,CA94105     		N/A PC SOCIAL SERVICES 500
    GREENE FAMILY CAMP
    P O BOX 1468
    BRUCEVILLE,TX76630     		N/A PC RELIGIOUS 500
    GREENHILL SCHOOL FUND
    4141 SPRING VALLEY ROAD
    ADDISON,TX750013683     		N/A PC RELIGIOUS 200
    HADASSAH - HOUSTON CHAPTER
    4654 BEECHNUT
    HOUSTON,TX77096     		N/A PC RELIGIOUS 500
    HARVARD COLLEGE FUND
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MD01238     		N/A PC EDUCATIONAL 200
    HEBREW UNION COLLEGE
    3101 CLIFTON AVE
    CINCINNATI,OH45220     		N/A PC RELIGIOUS 5,500
    HEIFER INTERNATIONAL
    P O BOX 1692
    MERRIFIELD,VA22116     		N/A PC SOCIAL SERVICES 500
    HOLOCAUST EDUCATION MUSEUM
    5401 CAROLINE
    HOUSTON,TX77004     		N/A PC CULTURAL 1,845
    HOUSTON ACHIEVEMENT PLACE
    245 WEST 17TH STREET
    HOUSTON,TX77008     		N/A PC SOCIAL SERVICES 1,000
    HOUSTON AREA WOMEN'S CENTER
    1010 WAUGH DRIVE
    HOUSTON,TX770199891     		N/A PC SOCIAL SERVICES 1,000
    HOUSTON BALLET
    P O BOX 130487
    HOUSTON,TX772199983     		N/A PC CULTURAL 5,000
    HOUSTON CENTER FOR CONTEMPORARY CRAFTS
    4848 MAIN STREET
    HOUSTON,TX77002     		N/A PC CULTURAL 100
    HOUSTON CONGREGATION FOR REFORM JUDIASIM
    801 BERING
    HOUSTON,TX77057     		N/A PC RELIGIOUS 100
    HOUSTON FOOD BANK
    535 PORTWALL STREET
    HOUSTON,TX77029     		N/A PC SOCIAL SERVICES 1,000
    HOUSTON HILLEL
    1700 BISSONET
    HOUSTON,TX77005     		N/A PC RELIGIOUS 500
    HOUSTON HUMANE SOCIETY
    P O BOX 450528
    HOUSTON,TX77245     		N/A PC SOCIAL SERVICES 250
    HOUSTON PBS
    P O BOX 200090
    HOUSTON,TX772160090     		N/A PC EDUCATIONAL 500
    HOUSTON PUBLIC MEDIA FOUNDATION
    P O BOX 4399
    HOUSTON,TX772104399     		N/A PC EDUCATIONAL 500
    HOUSTON SYMPHONY
    615 LOUISIANA ST
    HOUSTON,TX770029967     		N/A PC CULTURAL 6,000
    HOUSTON TSCPA FOUNDATION
    777 POST OAK BLVD 500
    HOUSTON,TX77056     		N/A PC EDUCATIONAL 1,000
    HOUSTON ZOO INC
    PO BOX 4759
    HOUSTON,TX772104759     		N/A PC EDUCATIONAL 300
    JANE'S DUE PROCESS
    P O BOX 685137
    AUSTIN,TX787685137     		N/A PC SOCIAL SERVICES 250
    JCC ASSOCIATION
    15 EAST 26TH STREET
    NEW YORK CITY,NY100101579     		N/A PC RELIGIOUS 20,000
    JEWISH CEMETARY ASSOC OF GREATER BALTIMORE
    101 WEST MOUNT ROYAL AVE
    BALTIMORE,MD21201     		N/A PC SOCIAL SERVICES 100
    JEWISH CHILDREN'S REGIONAL SERVICE
    P O BOX 15225
    NEW ORLEANS,LA701755225     		N/A PC SOCIAL SERVICES 700
    JEWISH COMMUNITY CENTER OF HOUSTON
    5601 S BRAESWOOD
    HOUSTON,TX770963999     		N/A PC RELIGIOUS 7,900
    JEWISH FAMILY SERVICE - HOUSTON
    P O BOX 20548
    HOUSTON,TX77225     		N/A PC SOCIAL SERVICES 6,330
    JEWISH FEDERATION OF GREATER DALLAS
    7800 NORTH HAVEN ROAD
    DALLAS,TX75230     		N/A PC RELIGIOUS 3,000
    JEWISH FEDERATION OF GREATER HOUSTON
    P O BOX 200568
    HOUSTON,TX772160568     		N/A PC RELIGIOUS 750
    JUVENILE DIABETES RESEARCH FOUNDATION
    P O BOX 97151
    WASHINGTON,DC200907151     		N/A PC MEDICAL 250
    JUVENILE DIABETES RESEARCH
    2425 FOUNTAINVIEW 280
    HOUSTON,TX77057     		N/A PC MEDICAL 300
    KIPP INC
    10711 KIPP WAY
    HOUSTON,TX77099     		N/A PC EDUCATIONAL 500
    M A D D
    511 EAST JOHN CARPENTER FWY 700
    IRVING,TX75062     		N/A PC EDUCATIONAL 100
    M D ANDERSON CANCER CENTER
    1515 HOLCOMBE BLVD
    HOUSTON,TX77030     		N/A PC MEDICAL 200
    MACULAR DEGENERATION RESEARCH
    22512 GATEWAY CENTER DR
    CLARKSBURG,MD20871     		N/A PC MEDICAL 500
    MAIN STREET THEATER
    2540 TIMES BLVD
    HOUSTON,TX77005     		N/A PC CULTURAL 500
    MAQOM
    P O BOX 31900-323
    HOUSTON,TX77231     		N/A PC RELIGIOUS 250
    MARCH OF DIMES
    P O BOX 8972
    TOPEKA,KS666088972     		N/A PC MEDICAL 100
    MEALS ON WHEELS
    3217 MONTROSE BLVD
    HOUSTON,TX77006     		N/A PC SOCIAL SERVICES 500
    MENTAL HEALTH AMERICA OF GREATER HOUSTON
    2211 NORFOLK 810
    HOUSTON,TX77098     		N/A PC SOCIAL SERVICES 250
    MILITARY RELIGIOUS FREEDOM FOUNDATION
    13170-B CENTRAL AVE SE 255
    ALBUQUERQUE,NM87123     		N/A PC RELIGIOUS 500
    MUSEUM OF FINE ARTS HOUSTON
    P O BOX 301762
    DALLAS,TX753031762     		N/A PC CULTURAL 500
    MUSICA
    1119 WAUGH DR 1
    HOUSTON,TX77019     		N/A PC EDUCATIONAL 250
    MYRIAM'S DREAM INC
    907 FOUR SEASONS DRIVE
    WAYNE,NJ074701949     		N/A PC SOCIAL SERVICES 200
    NATIONAL COALITION OF CANCER SURVIVORS
    1010 WAYNE AVE 317
    SILVER SPRINGS,MD209109796     		N/A PC EDUCATIONAL 400
    NATIONAL COUNCIL OF JEWISH WOMEN
    53 WEST 23RD STREET 6TH FLOOR
    NEW YORK CITY,NY100104204     		N/A PC RELIGIOUS 500
    NATIONAL PARKINSON FOUNDATION
    P O BOX 5018
    HAGERSTOWN,TX217415018     		N/A PC MEDICAL 100
    NATIONAL PARKS FOUNDATION
    P O BOX 17394
    BALTIMORE,MD212989450     		N/A PC EDUCATIONAL 200
    OPERATION HOMEFRONT
    8930 FOUR WINDS DR 340
    SAN ANTONIO,TX78239     		N/A PC SOCIAL SERVICES 1,000
    PARTNERS IN HEALTH
    P O BOX 845578
    BOSTON,MA02284     		N/A PC SOCIAL SERVICES 1,000
    PLANNED PARENTHOOD FEDERATION
    434 WEST 33RD STREET
    NEW YORK CITY,NY10001     		N/A PC SOCIAL SERVICES 1,000
    PLANNED PARENTHOOD GULF COAST INC
    4600 GULF FREEWAY
    HOUSTON,TX77023     		N/A PC SOCIAL SERVICES 3,490
    QUILT GUILD OF GREATER HOUSTON
    P O BOX 79035
    HOUSTON,TX772799035     		N/A PC SOCIAL SERVICES 150
    SEARCH
    P O BOX 7969
    HOUSTON,TX77270     		N/A PC SOCIAL SERVICES 5,500
    SEVEN ACRES JEWISH SENIOR CARE SERVICES
    6200 NORTH BRAESWOOD
    HOUSTON,TX77074     		N/A PC SOCIAL SERVICES 1,050
    SHELTON SCHOOL & EVALUATION CENTER
    15720 HILLCREST ROAD
    DALLAS,TX752489970     		N/A PC EDUCATIONAL 250
    SMITH COLEGE-ALUMNAE FUND
    STODDARD ANNEX LEVEL 1
    NORTHAMPTON,MA01063     		N/A PC EDUCATIONAL 250
    SPECIAL OLYMPICS
    P O BOX 143806
    AUSTIN,TX78714     		N/A PC SOCIAL SERVICES 200
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    P O BOX 50
    MEMPHIS,TN381019929     		N/A PC MEDICAL 650
    ST MARTIN'S EPISCOPAL CHURCH
    717 SAGE ROAD
    HOUSTON,TX77056     		N/A PC RELIGIOUS 100
    TEACH FOR AMERICA
    315 W 36TH STREET 7TH FLOOR
    NEW YORK CITY,NY10018     		N/A PC EDUCATIONAL 300
    TEMPLE EMANU-EL
    P O BOX 671378
    DALLAS,TX75267     		N/A PC RELIGIOUS 26,800
    TEXAS CHILDREN'S HOSPITAL
    P O BOX 2165
    HOUSTON,TX77252     		N/A PC MEDICAL 5,100
    TEXAS EQUAL ACCESS FUND
    501 WYNNEWOOD VILAGE 386
    DALLAS,TX75224     		N/A PC SOCIAL SERVICES 250
    TEXAS FREEDOM NETWORK EDUCATION FUND
    P O BOX 1624
    AUSTIN,TX78767     		N/A PC EDUCATIONAL 1,000
    THE CENTER FOUNDATION
    3550 WEST DALLAS
    HOUSTON,TX770191702     		N/A PC SOCIAL SERVICES 500
    THE HARRIS SCHOOL
    6210 ROOKIN ST
    HOUSTON,TX77074     		N/A PC EDUCATIONAL 1,000
    THE MENIL COLLECTION
    1515 BRANARD
    HOUSTON,TX77006     		N/A PC CULTURAL 500
    THE MONARCH INSTITUTE FOR NEUROLOGIAL DIFFERENCES
    2815 ROSEFIELD DR
    HOUSTON,TX77080     		N/A PC EDUCATIONAL 6,000
    THE ROSE
    12700 REATHERWOOD 260
    HOUSTON,TX77034     		N/A PC MEDICAL 100
    THE WOMEN'S FUND
    5353 W ALABAMA 615
    HOUSTON,TX77056     		N/A PC EDUCATIONAL 300
    UNITED WAY
    P O BOX 924507
    HOUSTON,TX77292     		N/A PC SOCIAL SERVICES 5,000
    UNIVERSITY OF HOUSTON
    110HA SOCIAL WORK BLDG
    HOUSTON,TX77204     		N/A PC EDUCATIONAL 1,000
    UNIVERSITY OF HOUSTON GRADUATE SCHOOL OF SOCIAL WORK
    237 SOCIAL WORK BUILDING
    HOUSTON,TX772044013     		N/A PC EDUCATIONAL 2,500
    UNIVERSITY OF HOUSTON OFFICE OF DEVELOPMENT-DONORALUMNI
    P O BOX 867
    HOUSTON,TX770010867     		N/A PC EDUCATIONAL 750
    UNIVERSITY OF TEXAS LAW SCHOOL FOUNDATION
    P O BOX 7458
    AUSTIN,TX78713     		N/A PC EDUCATIONAL 1,000
    UNIVERSITY OF TEXAS MCCOMBS SCHOOL OF BUSINESS
    ONE UVIERSITY STATION B6000
    AUSTIN,TX787121178     		N/A PC EDUCATIONAL 300
    VITA-LIVING FOUNDATION
    P O BOX 773073
    HOUSTON,TX772153073     		N/A PC SOCIAL SERVICES 150
    WOMEN FOR WOMEN INTERNATIONAL
    PO BOX 9224
    CENTRAL ISLIP,NY117229224     		N/A PC SOCIAL SERVICES 200
    WOMEN ON THE WAY UP LAMAR HIGH SCHOOL
    3325 WESTHEIMER
    HOUSTON,TX77098     		N/A PC SOCIAL SERVICES 500
    WOMEN'S FUND FOR HER
    5353 W ALABAMA 615
    HOUSTON,TX77056     		N/A PC SOCIAL SERVICES 150
    WOMEN'S RESOURCE OF GREATER HOUSTON
    2200 POST OAK BLVD 50
    HOUSTON,TX77056     		N/A PC SOCIAL SERVICES 1,000
    Total .................................bullet 3a 168,800
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 7,354  
    4 Dividends and interest from securities....     14 89,632  
    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 56,743  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 153,729 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13153,729
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    THE BRODSKY FOUNDATION
    EIN: 74-6089484
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING & BOOKKEEPING EXPENSE 7,248 3,624 0 3,624

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    THE BRODSKY FOUNDATION
    EIN: 74-6089484
    Name of Bond End of Year Book Value End of Year Fair Market Value
    100,000 SHARES-NORTHERN TRUST CORP DTD 05/01/09 0 0
    147,000 SHARES-CITIGROUP INC DTD 09/16/04 0 0
    120,000 SHARES-VERIZON COMMUNICATIONS DTD 03/28/11 0 0
    100,000 SHARES-PRUDENTIAL FINANCIAL INC DTD 01/14/10 101,006 100,116
    100,000 SHARES-TIME WARNER CABLE INC DTD 02/11/09 100,449 100,191
    100.000 SHARS-PROCTER & BAMBLE CO DTD 08/28/09 99,950 101,716
    120,000 SHARES-GENERAL ELECTRIC CAP CORP DTD 11/09/10 119,760 121,646
    100,000 SHARES-MORGAN STANLEY DTD 09/23/09 99,029 112,879
    100,000 SHARES-BARCLAYS BANK PLC DTD 01/08/10 100,712 112,123
    100,000 SHARES-KRAFT FOODS INC DTD 02/08/10 101,904 113,280
    125,000 SHARES-TARGET CORP DTD 01/12/10 124,891 126,479
    989.61 SHARES-GNMA #294945 DTD 11/01/90 3,273 995
    STATE OF ISRAEL-7TH JUBILEE FIXED 10YEAR 01/01/17 30,000 30,000
    STATE OF ISRAEL-8TH MACCABEE FIXED 5YEAR 01/01/19 6,000 6,000
    STATE OF ISRAEL-8TH INFR & ABSP ISSUE 10YEAR 01/01/16 5,701 5,701

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE BRODSKY FOUNDATION
    EIN: 74-6089484
    Name of Stock End of Year Book Value End of Year Fair Market Value
    600 SHARES-AMERICA MOVIL SAB (AMX) 14,584 13,308
    800 SHARES-ANADARKO PETROLEUM CORP (APC) 18,748 66,000
    500 SHARES-BARRICK GOLD CORP (ABX) 20,020 5,375
    624 SHARES-CDN NATIL RAILWAY CO (CNI) 2,571 43,000
    300 SHARES-FACEBOOK INC CL A (FB) 12,540 23,406
    25 SHARES-GOOGLE INC CL A (GOOGL) 4,898 13,267
    25 SHARES-GOOGLE INC CL C (GOOG) 4,883 13,160
    333 SHARES-KRAFT FOODS GROUP INC (KRFT) 11,294 20,866
    1,540 SHARES-MDU RESOURCE CROUP INC (MDU) 6,144 36,190
    1,000 SHARES-MICROSOFT CORP (MSFT) 23,654 46,450
    1,000 MONDELEZ INTL INC (MDLZ) 0 0
    1,600 SHARES-NOBLE ENERGY INC (NBL) 14,471 75,888
    1,500 SHARES-PETROLEO BRASILEIRO SA (PBR) 22,478 10,950
    1,000 SHARES-PFIZER INC (PFE) 18,695 31,150
    1,000 SHARES-PLUM CREEK TIMBER CO INC REIT (PCL) 24,861 42,790
    229 SHARES-SOUTHWEST GAS CORP (SWX) 5,367 14,154
    1,700 SHARES-STATOIL ASA (STO) 57,562 29,937
    800 SHARES-UNTD TECHNOLOGIES CORP (UTX) 22,853 92,000
    2086 SHARES-BANCROFT FUND LTD (BCV) 31,551 41,845
    7,556.182 SHARES-INVESCO LOW VOLATILITY EQUITY YIELD FUND (SCAUX) 63,035 80,096
    4,385.221 SHARES-INVESCO SMALL CAP EQUITY FUND (SMEAX) 56,488 66,480
    2,867.120 SHARES-INVESCO CHARTER CLASS A (CHTRX) 45,478 60,410
    1,000 SHARES-CAPITAL PROD PARTNERS LP UNITX (CPLP) 8,446 8,000
    11,151.782 SHARES-INVESCO CORP BOND FUND (ACCBX) 100,166 81,185
    100 SHARES-CLOUGH GLBL OPPORTUNITIES FUND (GLO) 1,901 1,282

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    THE BRODSKY FOUNDATION
    EIN: 74-6089484
    US Government Securities - End of Year Book Value:

    1,013,162
    US Government Securities - End of Year Fair Market Value:

    1,029,417
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2014 OtherExpensesSchedule
    Name:
    THE BRODSKY FOUNDATION
    EIN: 74-6089484
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS ADMINISTRATIVE EXPENSE 378 378 0 0


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE BRODSKY FOUNDATION
    EIN: 74-6089484
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE -960 -1,480


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE BRODSKY FOUNDATION
    EIN: 74-6089484
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 9,457 9,457 0 0
    FOREIGN INVESTMENT FEES 30 30 0 0


    TY 2014 TaxesSchedule
    Name:
    THE BRODSKY FOUNDATION
    EIN: 74-6089484
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 1,460 0 0 0
    FOREIGN TAX 1,007 1,007 0 0