Form990-PF
Click to see attachment

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
MAX KADE FOUNDATIONINC
 

Number and street (or P.O. box number if mail is not delivered to street address)6 EAST 87TH STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10128
A Employer identification number

13-5658082
B Telephone number (see instructions)

(646) 672-4354
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$88,224,042J 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 1,525,077 1,525,077 1,525,077
4 Dividends and interest from securities...... 1,319,967 1,319,967 1,319,967
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 609,928
b Gross sales price for all assets on line 6a 20,867,090
7 Capital gain net income (from Part IV, line 2)... 609,928
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 57,415 49,454 57,415
12 Total. Add lines 1 through 11........ 3,512,387 3,504,426 2,902,459
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 241,789     241,789
14 Other employee salaries and wages...... 170,924     170,924
15 Pension plans, employee benefits....... 83,518     83,518
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 33,114     33,114
c Other professional fees (attach schedule).... Click to see attachment 54,114 54,114 54,114  
17 Interest............... 2,212 2,212 2,212  
18 Taxes (attach schedule) (see instructions)... Click to see attachment 71,666     71,666
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 18,979     18,979
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 61,791     61,791
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 738,107 56,326 56,326 681,781
25 Contributions, gifts, grants paid........ 5,968,173 5,968,173
26 Total expenses and disbursements. Add lines 24 and 25 6,706,280 56,326 56,326 6,649,954
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,193,893
b Net investment income (if negative, enter -0-) 3,448,100
c Adjusted net income (if negative, enter -0-)... 2,846,133
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............... 137 154 154
2 Savings and temporary cash investments.......... 4,972,810 4,235,423 4,235,423
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........... 66,055 57,968 57,968
10a Investments—U.S. and state government obligations (attach schedule) 9,144,728 Click to see attachment9,091,462 8,657,902
b Investments—corporate stock (attach schedule)........ 17,248,399 Click to see attachment16,885,358 34,997,501
c Investments—corporate bonds (attach schedule)........ 24,379,257 Click to see attachment19,933,178 20,067,239
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 14,960,942 Click to see attachment17,374,892 20,207,855
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) 70,772,328 67,578,435 88,224,042
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 70,772,328 67,578,435
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)...... 70,772,328 67,578,435
31 Total liabilities and net assets/fund balances (see instructions).. 70,772,328 67,578,435
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 70,772,328
2 Enter amount from Part I, line 27a..................... 2 -3,193,893
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 67,578,435
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 67,578,435
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 BLACKROCK GLOBAL DIVIDEND P 2013-06-17 2014-01-03
b BLACKROCK GLOBAL DIVIDEND P 2012-06-15 2014-01-03
c FIRST EAGLE GLOBAL FUND P 2012-06-15 2014-01-03
d CALL EXXON MOBILE CORP P 2013-07-24 2014-01-17
e ICAHN ENTERPRISES P 2012-03-01 2014-01-21
SIEMENS A G SPON P 2012-04-04 2014-01-17
SODA STREAM INTL P 2012-12-07 2014-01-24
GNMA 004921 P 2011-07-26 2014-01-30
ETF GUGGENHEIM BRIC P 2009-02-04 2014-02-03
POWERSHARES DB MULTI P 2013-05-20 2014-02-03
POWERSHARES DB MULTI P 2010-11-08 2014-02-03
KINDER MORGAN MGMT LLC P 2011-12-13 2014-02-14
SIEMENS A G SPON P 2012-04-04 2014-02-19
SLM CORP NTS P 2011-12-29 2014-02-26
CENTURYLINK INC. P 2012-05-09 2014-03-04
PITNEY BOWES INC NTS P 2012-09-05 2014-03-18
Call Toyota Motor CORP P 2014-01-31 2014-03-17
FAIRWAY GROUP HOLDGS P 2013-12-16 2014-03-14
VERIZON COMMUNICATIONS P 2011-10-25 2014-03-19
VODAFONE GROUP PLC P 2009-02-12 2014-03-26
SYMANTEC CORP P 2013-06-04 2014-03-24
ARCELORMITTAL SA P 2012-09-27 2014-04-03
DOUBLE LINE TOTAL RETURN P 2013-08-13 2014-04-25
DOUBLE LINE TOTAL RETURN P 2012-12-31 2014-04-25
AVON PRODUCTS INC NTS 5.75 P 2013-02-26 2014-05-01
KINDER MORGAN MGMT LLC P 2011-12-13 2014-05-15
AVON PRODUCTS INC NTS 6.5 P 2012-09-04 2014-05-16
DICK'S SPORTING GOODS P 2013-12-02 2014-05-28
ISHARES U.S. TECHNOLOGY P 2010-12-03 2014-06-12
MEAD JOHNSON NUTRITION P 2008-10-17 2014-06-25
3M P 2003-12-11 2014-06-25
CALL EXXON MOBILE CORP P 2014-01-17 2014-06-24
ALLSTATE CORP SER E P 2014-02-24 2014-07-09
IVY ASSET STRATEGY FUND P 2014-03-27 2014-07-16
IVY ASSET STRATEGY FUND P 2013-06-17 2014-07-16
LABORATORY CORP OF AMERICA P 2012-08-28 2014-07-16
BARCLAYS BANK P 2012-08-16 2014-07-18
PLAINS EXPLORATION & PRO P 2013-08-21 2014-07-23
JACOBS ENGINEERING GROUP INC P 2014-05-22 2014-08-05
AXIALL CORP P 2013-06-12 2014-08-07
KINDER MORGAN MGMT LLC P 2011-12-13 2014-08-14
SAFEWAY INC NTS P 2013-08-08 2014-08-26
AMERICAN ELECTRIC POWER CO P 2009-11-04 2014-08-08
ZOETIS INC. P 2013-12-02 2014-09-04
ZOETIS INC. P 2013-07-11 2014-09-04
GILEAD SCIENCES INC P 2014-03-24 2014-09-18
MORGAN STANLEY P 2013-07-26 2014-09-18
PIMCO TOTAL RETURN FUND P 2014-08-29 2014-09-30
PIMCO TOTAL RETURN FUND P 2012-11-09 2014-09-30
Wells Fargo & Co P 2011-12-01 2014-10-08
GENERAL MOTORS P 2014-06-05 2014-10-14
MAINSTAY MARKETFIELD FUND P 2014-03-27 2014-10-17
MAINSTAY MARKETFIELD FUND P 2013-09-09 2014-10-17
JP MORGAN CORE FUND P 2012-06-15 2014-10-29
NEWMONT MINING CORP P 2014-02-28 2014-11-03
KINDER MORGAN MGMT LLC P 2011-12-13 2014-11-14
UNTD TECHNOLOGIES CORP P 2014-08-26 2014-11-25
KINDER MORGAN MGMT LLC P 2011-12-13 2014-12-01
ISHARES IBOXX HIGH YIELD CORP BOND P 2009-01-13 2014-11-26
NOW INC P 2014-07-09 2014-11-26
NOW INC P 2013-06-26 2014-11-26
PLAINS EXPLORATION & PRO P 2013-08-21 2014-12-05
Exxon Mobile P 2002-05-08 2014-12-08
TJX COS INC NEW P 2014-06-12 2014-12-08
PETROBRAS GLOBAL FIN P 2013-05-30 2014-12-10
ARES CAPITAL CORP P 2014-09-30 2014-12-12
ARES CAPITAL CORP P 2013-09-30 2014-12-12
GOLDMAN SACHS BANK P 2012-01-31 2014-02-10
UBS AG TRIGGER ROS P 2011-06-27 2014-06-30
POWERSHARES DB MULTI P 2010-11-08 2014-12-31
SIEMENS A G SPON P 2012-04-04 2014-12-31
PIMCO TOTAL RETURN FUND P 2013-08-13 2014-12-31
OPPENHEIMER DEVELOPING MARKETS P 2013-01-01 2014-12-31
JP MORGAN CORE BOND FUND P 2013-01-01 2014-12-31
STCGL K1 P 2014-01-01 2014-12-31
LTCGL K1 P 2011-01-01 2014-12-31
(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 62,922   58,722 4,200
b 83,422   69,570 13,852
c 65,000   56,194 8,806
d 18,171   33,986 -15,815
e 510,890   528,755 -17,865
176,730   142,008 34,722
273,099   332,479 -59,380
541,007   530,686 10,321
238,445   238,137 308
61,747   63,873 -2,126
185,243   214,325 -29,082
56   47 9
457,909   308,204 149,705
589,535   525,005 64,530
511,050   506,850 4,200
832,500   767,555 64,945
1,770   618 1,152
210,417   367,736 -157,319
1,146,910   1,177,505 -30,595
533,135   499,300 33,835
404,152   510,524 -106,372
1,257,595   1,166,260 91,335
69,081   69,545 -464
127,190   131,336 -4,146
272,304   274,830 -2,526
57   49 8
831,556   804,222 27,334
381,761   506,825 -125,064
663,110   428,058 235,052
69,049   21,972 47,077
161,523   91,714 69,809
21,061   14,970 6,091
257,341   250,000 7,341
32,285   29,689 2,596
120,952   95,171 25,781
504,470   510,405 -5,935
372,295   250,000 122,295
186,375   188,568 -2,193
403,730   481,328 -77,598
557,261   584,691 -27,430
69   44 25
764,245   780,943 -16,698
124,740   77,951 46,789
114,754   102,146 12,608
416,185   323,415 92,770
130,795   87,929 42,866
792,675   665,000 127,675
16,858   16,744 114
180,555   185,617 -5,062
782,732   795,005 -12,273
299,229   365,499 -66,270
11,434   12,521 -1,087
166,750   161,902 4,848
250,000   256,340 -6,340
399,502   504,564 -105,062
60   38 22
331,594   330,981 613
13   8 5
229,317   194,303 35,014
286,868   346,548 -59,680
71,717   67,049 4,668
356,688   350,188 6,500
137,633   11,415 126,218
489,721   413,179 76,542
459,275   498,520 -39,245
38,349   44,081 -5,732
397,816   473,499 -75,683
145,000   145,000  
200,000   200,000  
18,991     18,991
    15,021 -15,021
2,051     2,051
445     445
45     45
3,974     3,974
53,904     53,904
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       4,200
b       13,852
c       8,806
d       -15,815
e       -17,865
      34,722
      -59,380
      10,321
      308
      -2,126
      -29,082
      9
      149,705
      64,530
      4,200
      64,945
      1,152
      -157,319
      -30,595
      33,835
      -106,372
      91,335
      -464
      -4,146
      -2,526
      8
      27,334
      -125,064
      235,052
      47,077
      69,809
      6,091
      7,341
      2,596
      25,781
      -5,935
      122,295
      -2,193
      -77,598
      -27,430
      25
      -16,698
      46,789
      12,608
      92,770
      42,866
      127,675
      114
      -5,062
      -12,273
      -66,270
      -1,087
      4,848
      -6,340
      -105,062
      22
      613
      5
      35,014
      -59,680
      4,668
      6,500
      126,218
      76,542
      -39,245
      -5,732
      -75,683
       
       
      18,991
      -15,021
      2,051
      445
      45
      3,974
      53,904
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 2 609,928
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 -566,685
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 6,196,481 85,208,074 0.07272
2012 5,727,567 84,963,330 0.06741
2011 4,619,139 86,437,837 0.05344
2010 4,215,618 86,090,718 0.04897
2009 3,844,480 81,632,695 0.04710
2 Total of line 1, column (d) ...................... 2 0.28964
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 0.05793
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 88,066,375
5 Multiply line 4 by line 3....................... 5 5,101,421
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 34,481
7 Add lines 5 and 6......................... 7 5,135,902
8 Enter qualifying distributions from Part XII, line 4.............. 8 6,649,954
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 34,481
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 34,481
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 34,481
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 80,753
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 80,753
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 46,272
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet46,272 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMAX KADE FOUNDATIONINC Telephone no.bullet (646) 672-4354
    Located atbullet6 EAST 87TH STREETNEW YORK CITYNY ZIP+4bullet101280505
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    GUENTER BLOBEL Director
    0.00     		0    
    6 EAST 87TH STREET
    NEW YORK,NY10128
    BERTELINE BAIER DALE Secretary
    0.00     		0    
    6 EAST 87TH STREET
    NEW YORK,NY10128
    FRITZ KADE JR MD Director
    0.00     		0    
    6 EAST 87TH STREET
    NEW YORK,NY10128
    LYA F PFEIFER Pres. & Treas.
    40.00     		241,789 48,867  
    6 EAST 87TH STREET
    NEW YORK,NY10128
    REINHARD AUGUSTIN Director
    0.00     		0    
    6 EAST 87TH STREET
    NEW YORK,NY10128
    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
    KARIN A GERBAVSITS ADMINISTRATOR
    40.00     		98,941 20,058  
    6 EAST 87TH STREET
    NEW YORK,NY10128
    KATHLEEN L PENDLETON BOOKKEEPER
    40.00     		71,983 14,593  
    6 EAST 87TH STREET
    NEW YORK,NY10128
    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  
    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
    85,076,689
    b
    Average of monthly cash balances.......................
    1b
    4,330,798
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    89,407,487
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    89,407,487
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,341,112
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    88,066,375
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,403,319
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,403,319
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    34,481
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    34,481
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,368,838
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,368,838
    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
    4,368,838
    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
    6,649,954
    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
    6,649,954
    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
    34,481
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,615,473
    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 4,368,838
    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.......  
    b From 2010.......  
    c From 2011....... 367,935
    d From 2012....... 1,563,778
    e From 2013....... 2,033,551
    fTotal of lines 3a through e......... 3,965,264
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 6,649,954
    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).........     		0
    d Applied to 2014 distributable amount..... 4,368,838
    e Remaining amount distributed out of corpus 2,281,116
    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 6,246,380
    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) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		6,246,380
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 367,935
    c Excess from 2012.... 1,563,778
    d Excess from 2013.... 2,033,551
    e Excess from 2014.... 2,281,116
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MAX KADE FOUNDATION
    6 EAST 87TH STREET
    NEW YORK,NY101280505
    (646) 672-4354
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN APPLICATIONS SHOULD SET FORTH OBJECTIVES AND METHODS FOR IMPLEMENTATION,QUALIFICATIONS OF THE INSTITUTION,ACADEMIC QUALIFICATIONS OF PERSONS INVOLVED AND THE ESTIMATED COST
    cAny submission deadlines:
    WRITTEN APPLICATIONS ARE ACCEPTED AT ANY REASONABLE TIME
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PROPOSALS ARE ONLY ACCEPTED FROM PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS AND NO GRANTS ARE MADE TO INDIVIDUALS.
    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
    BRIGHAM AND WOMENS HOSPITAL INC
    221 LONGWOOD AVENUE
    BOSTON,MA02115     		NONE PUBLIC RESEARCH 31,400
    UNIVERSITY OF CALIFORNIA
    621 CHARLES E YOUNG DRIVE SOUTH
    LOS ANGELES,CA90095     		NONE PUBLIC RESEARCH 25,600
    UNIVERSITY OF CALIFORNIA
    9500 GILMAN DRIVE
    LA JOLLA,CA92093     		NONE PUBLIC RESEARCH 8,550
    MASSACHUSETTS GENERAL HOSPITAL
    149 13TH STREET
    CHARLESTOWN,MA02129     		NONE PUBLIC RESEARCH 64,200
    MAYO CLINIC JACKSONVILLE
    4500 SAN PABLO ROAD
    JACKSONVILLE,FL32224     		NONE PUBLIC RESEARCH 30,250
    ALLEGHENY COLLEGE
    520 NORTH MAIN STREET
    MEADVILLE,PA16335     		NONE PUBLIC EDUCATION 14,000
    AMERICAN FRIENDS OF BUCERIUS LAW SCHOOL
    10 ROCKEFELLER PLAZA 16TH FLOOR
    NEW YORK,NY10020     		NONE PUBLIC EDUCATION 15,000
    THE UNIVERSITY OF ARIZONA
    301 LEARNING SERVICES BUILDING
    TUCSON,AZ85721     		NONE PUBLIC EDUCATION 14,000
    BOWLING GREEN STATE UNIVERSITY
    SHATZEL HALL 103
    BOWLING GREEN,OH43403     		NONE PUBLIC EDUCATION 14,000
    BROWN UNIVERSITY
    190 HOPE STREET
    PROVIDENCE,RI02912     		NONE PUBLIC EDUCATION 14,000
    UNIVERSITY OF CALIFORNIA REGENTS
    5319 DWINELLE HALL
    BERKELEY,CA94720     		NONE PUBLIC EDUCATION 12,000
    UNIVERSITY OF CALIFORNIA REGENTS
    ONE SHIELDS AVENUE
    DAVIS,CA95616     		NONE PUBLIC EDUCATION 12,000
    UNIVERSITY OF CALIFORNIA REGENTS
    6206 PHELPS HALL
    SANTA BARBARA,CA93106     		NONE PUBLIC EDUCATION 18,000
    COLGATE UNIVERSITY
    13 OAK DRIVE
    HAMILTON,NY13346     		NONE PUBLIC EDUCATION 16,000
    COLUMBIA UNIVERSITY
    1130 AMSTERDAM AVENUE
    NEW YORK,NY10027     		NONE PUBLIC EDUCATION 13,000
    DARTMOUTH COLLEGE
    6084 DARTMOUTH HALL
    HANOVER,NH03755     		NONE PUBLIC EDUCATION 12,000
    GEORGETOWN UNIVERSITY
    37TH AND O ST NW
    WASHINGTON,DC20057     		NONE PUBLIC EDUCATION 18,000
    UNIVERSITY OF ILLINOIS
    601 SOUTH MORGAN STREET
    CHICAGO,IL60607     		NONE PUBLIC EDUCATION 14,000
    INDIANA UNIVERSITY
    1020 E KIRKWOOD AVENUE
    BLOOMINGTON,IN47405     		NONE PUBLIC EDUCATION 10,000
    THE UNIVERSITY OF IOWA
    1111 UNIVERSITY CAPITOL CENTRE
    IOWA CITY,IA52242     		NONE PUBLIC EDUCATION 11,500
    KANSAS UNIVERSITY ENDOWMENT ASSOC
    1445 JAYHAWK BLVD
    LAWERENCE,KS66045     		NONE PUBLIC EDUCATION 12,000
    MICHIGAN STATE UNIVERSITY
    619 RED CEDAR ROAD
    EAST LANSING,MI48824     		NONE PUBLIC EDUCATION 18,000
    MIDDLEBURY COLLEGE
    131 MAIN STREET
    MIDDLEBURY,VT05753     		NONE PUBLIC EDUCATION 56,000
    THE UNIVERSITY OF NEW MEXICO
    1 UNIVERSITY OF NEW MEXICO
    ALBUQUERQUE,NM87131     		NONE PUBLIC EDUCATION 35,000
    NEW YORK UNIVERSITY
    42 WASHINGTON MEWS
    NEW YORK,NY10003     		NONE PUBLIC EDUCATION 6,700
    UNIVERSITY OF NOTRE DAME
    318 OSHAUGHNESSY HALL
    NOTRE DAME,IN46556     		NONE PUBLIC EDUCATION 14,000
    OBERLIN COLLEGE
    50 NORTH PROFESSOR STREET
    OBERLIN,OH44074     		NONE PUBLIC EDUCATION 12,000
    PORTLAND STATE UNIVERSITY
    PO BOX 751
    PORTLAND,OR97207     		NONE PUBLIC EDUCATION 76,000
    UNIVERSITY OF RHODE ISLAND
    60 UPPER COLLEGE ROAD
    PROVIDENCE,RI02881     		NONE PUBLIC EDUCATION 15,000
    RUTGERS UNIVERSITY FOUNDATION
    172 COLLEGE AVENUE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC EDUCATION 15,000
    VANDERBILT UNIVERSITY
    2301 VANDERBILT PLACE
    NASHVILLE,TN37235     		NONE PUBLIC EDUCATION 14,000
    UNIVERSITY OF VIRGINIA
    108 COCKE HALL PO BOX 400125
    CHARLOTTESVILLE,VA22904     		NONE PUBLIC EDUCATION 10,000
    UNIVERSITY OF WASHINGTON
    340-C DENNY BOX 35313
    SEATTLE,WA98195     		NONE PUBLIC EDUCATION 8,000
    WASHINGTON UNIVERSITY
    ONE BROOKINGS DRIVE
    ST LOUIS,MO63130     		NONE PUBLIC EDUCATION 21,000
    ALLEGHENY COLLEGE
    520 NORTH MAIN STREET
    MEADVILLE,PA16335     		NONE PUBLIC EDUCATION 3,600
    AMERICAN CENTER FOR MUSICAL ARTS INC
    201 WEST 72ND STREET 3K
    NEW YORK,NY10023     		NONE PUBLIC EDUCATION 20,000
    AMERICAN CENTER FOR MUSICAL ARTS INC
    201 WEST 72ND STREET 3K
    NEW YORK,NY10023     		NONE PUBLIC EDUCATION 20,000
    THE AMERICAN AUSTRIAN FOUNDATION INC
    150 EAST 42ND STREET 29TH FLOOR
    NEW YORK,NY10017     		NONE PUBLIC EDUCATION 30,000
    THE AMERICAN AUSTRIAN FOUNDATION INC
    150 EAST 42ND STREET 29TH FLOOR
    NEW YORK,NY10017     		NONE PUBLIC EDUCATION 41,600
    AMERICAN FRIENDS OF DLA MARBACH INC
    1505 NW 51FT TERRACE
    GAINESVILLE,FL32605     		NONE PUBLIC EDUCATION 8,000
    THE UNIVERSITY OF ARIZONA
    PO BOX 210105
    TUCSON,AZ85721     		NONE PUBLIC EDUCATION 28,000
    MARTINA ARROYO FOUNDATION
    PO BOX 2015 RADIO CITY STATION
    NEW YORK,NY10101     		NONE PUBLIC EDUCATION 25,000
    BARD COLLEGE
    PO BOX 5000
    ANNANDALEONHUDSON,NY12504     		NONE PUBLIC EDUCATION 4,800
    BRANDEIS UNIVERSITY
    PO BOX 549110
    WALTHAM,MA02454     		NONE PUBLIC EDUCATION 5,000
    BROWN UNIVERSITY
    190 HOPE STREET
    PROVIDENCE,RI02912     		NONE PUBLIC EDUCATION 8,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    ONE SHIELDS AVENUE
    DAVIS,CA95616     		NONE PUBLIC EDUCATION 14,000
    UNIVERSITY OF CALIFORNIA REGENTS
    5319 DWINELLE HALL
    BERKELEY,CA94720     		NONE PUBLIC EDUCATION 3,800
    UNIVERSITY OF CALIFORNIA REGENTS
    5319 DWINELLE HALL
    BERKELEY,CA94720     		NONE PUBLIC EDUCATION 15,000
    UNIVERSITY OF CALIFORNIA REGENTS
    5319 DWINELLE HALL
    BERKELEY,CA94720     		NONE PUBLIC EDUCATION 48,000
    UNIVERSITY OF CALIFORNIA REGENTS
    6206 PHELPS HALL
    SANTA BARBARA,CA93106     		NONE PUBLIC EDUCATION 14,000
    CARNEGIE MELLON UNIVERSITY
    160 BAKER HALL
    PITTSBURGH,PA15213     		NONE PUBLIC EDUCATION 7,200
    UNIVERSITY OF CINCINNATI
    PO BOX 210372
    CINCINNATI,OH45221     		NONE PUBLIC EDUCATION 1,500
    UNIVERSITY OF COLORADO FOUNDATION INC
    129 MCKENNA
    BOULDER,CO80309     		NONE PUBLIC EDUCATION 12,000
    UNIVERSITY OF COLORADO FOUNDATION INC
    129 MCKENNA
    BOULDER,CO80309     		NONE PUBLIC EDUCATION 45,000
    THE COLORADO COLLEGE
    14 EAST CACHE LA POUDRE
    COLORADO SPRINGS,CO80903     		NONE PUBLIC EDUCATION 5,400
    THE COLORADO COLLEGE
    14 EAST CACHE LA POUDRE
    COLORADO SPRINGS,CO80903     		NONE PUBLIC EDUCATION 4,500
    COLUMBIA UNIVERSITY
    1130 AMSTERDAM AVENUE
    NEW YORK,NY10027     		NONE PUBLIC EDUCATION 9,600
    CONCORDIA COLLEGE
    901 8TH STREET SOUTH
    MOORHEAD,MN56562     		NONE PUBLIC EDUCATION 30,000
    ELYSIUM-BETWEEN TWO CONTINENTS INC
    303 EAST 83RD STREET 17E
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 30,000
    EMORY UNIVERSITY
    532 KILGO CIRCLE
    ATLANTA,GA30322     		NONE PUBLIC EDUCATION 16,000
    FLORIDA STATE UNIVERSITY FOUNDATION
    110 SOUTH WOODWARD AVENUE
    TALLAHASEE,FL32306     		NONE PUBLIC EDUCATION 10,000
    FRIENDS OF GOETHE NEW YORK INC
    72 SPRING STREET
    NEW YORK,NY10012     		NONE PUBLIC EDUCATION 10,000
    GERMAN-AMERICAN COMMITTEE OF GREATER NY
    CHURCH STREET STATION
    NEW YORK,NY10008     		NONE PUBLIC EDUCATION 25,000
    GERMAN-AMERICAN PARTNERSHIP PROGRAM
    72 SPRING STREET 11TH FLOOR
    NEW YORK,NY10012     		NONE PUBLIC EDUCATION 25,000
    GERMANISTIC SOCIETY OF AMERICA INC
    6 EAST 87TH STREET
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 12,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		NONE PUBLIC EDUCATION 16,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		NONE PUBLIC EDUCATION 12,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		NONE PUBLIC EDUCATION 5,875
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		NONE PUBLIC EDUCATION 1,000
    THE HUNTER COLLEGE FOUNDATION INC
    695 PARK AVENUE ROOM W 1405
    NEW YORK,NY10065     		NONE PUBLIC EDUCATION 20,000
    UNIVERSITY OF ILLINOIS
    601 SOUTH MORGAN STREET
    CHICAGO,IL60607     		NONE PUBLIC EDUCATION 54,000
    UNIVERSITY OF ILLINOIS
    601 MORGAN STREET
    CHICAGO,IL60607     		NONE PUBLIC EDUCATION 8,000
    UNIVERSITY OF ILLINOIS AT URBANA
    707 SOUTH METHEWS AVENUE
    URBANA,IL61821     		NONE PUBLIC EDUCATION 13,000
    INDIANA UNIVERSITY
    1020 E KIRKWOOD AVENUE
    BLOOMINGTON,IN47405     		NONE PUBLIC EDUCATION 40,000
    INDIANA UNIVERSITY
    1020 E KIRKLAND AVENUE
    BLOOMINGTON,IN47405     		NONE PUBLIC EDUCATION 40,000
    INDIANA UNIVERSITY
    1020 E KIRKLAND AVENUE
    BLOOMINGTON,IN47405     		NONE PUBLIC EDUCATION 5,000
    INDIANA UNIVERSITY
    1020 E KIRKLAND AVENUE
    BLOOMINGTON,IN47405     		NONE PUBLIC EDUCATION 5,000
    INDIANA UNIVERSITY
    425 NORTH UNIVERSITY BLVD
    INDIANAPOLIS,IN46202     		NONE PUBLIC EDUCATION 4,773
    THE UNIVERSITY OF IOWA
    1111 UNIVERSITY CAPITOL CENTRE
    IOWA CITY,IA52242     		NONE PUBLIC EDUCATION 9,000
    KANSAS UNIVERSITY ENDOWMENT ASSOC
    1445 JAYHAWK BLVD RM 2080
    LAWRENCE,KS66045     		NONE PUBLIC EDUCATION 45,000
    UNIVERSITY OF KENTUCKY
    1055 PATTERSON OFFICE TOWER
    LEXINGTON,KY40506     		NONE PUBLIC EDUCATION 15,000
    LIEDERKRANZ FOUNDATION INC
    6 EAST 87TH STREET
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 5,000
    LIEDERKRANZ FOUNDATION INC
    6 EAST 87TH STREET
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 500
    MASSACHUSETTS INSTITUTE OF TECH
    1 AMHERST STREET E40-429
    CAMBRIDGE,MA02139     		NONE PUBLIC EDUCATION 15,000
    THE METROPOLITAN OPERA ASSOCIATION INC
    LINCOLN CENTER
    NEW YORK,NY10023     		NONE PUBLIC EDUCATION 175,000
    MIAMI UNIVERSITY
    400 EAST SPRING STREET
    OXFORD,OH45056     		NONE PUBLIC EDUCATION 13,500
    MICHIGAN STATE UNIVERSITY
    320 LINTON HALL
    EAST LANSING,MI48824     		NONE PUBLIC EDUCATION 28,000
    MIDDLEBURY COLLEGE
    131 S MAIN STREET
    MIDDLEBURY,VT05753     		NONE PUBLIC EDUCATION 30,000
    MIDDLEBURY COLLEGE
    131 S MAIN STREET
    MIDDLEBURY,VT05753     		NONE PUBLIC EDUCATION 18,000
    UNIVERSITY OF MINNESOTA
    9 PLEASANT STREET SE
    MINNEAPOLIS,MN55455     		NONE PUBLIC EDUCATION 18,000
    UNIVERSITY OF MINNESOTA
    9 PLEASANT STREET SE
    MINNEAPOLIS,MN55455     		NONE PUBLIC EDUCATION 4,000
    NEW YORK UNIVERSITY
    70 WASHINGTON SQUARE SOUTH 11TH FL
    NEW YORK,NY10012     		NONE PUBLIC EDUCATION 36,000
    NORTH AMERICAN BOARDS OF RABBIS
    140 CENTRAL AVENUE
    LAWRENCE,NY11559     		NONE PUBLIC EDUCATION 10,000
    THE OHIO STATE UNIVERSITY
    1775 COLLEGE ROAD
    COLUMBUS,OH43210     		NONE PUBLIC EDUCATION 24,000
    THE OHIO STATE UNIVERSITY
    1775 COLLEGE ROAD
    COLUMBUS,OH43210     		NONE PUBLIC EDUCATION 16,000
    OREGON STATE UNIVERSITY
    300E GILKEY HALL
    CORVALIS,OR97331     		NONE PUBLIC EDUCATION 10,000
    PATERSON DIOCESE
    777 VALLEY ROAD
    CLIFTON,NJ07013     		NONE PUBLIC EDUCATION 5,000
    UNIVERSITY OF PENNSYLVANIA
    255 SOUTH 36TH STREET
    PHILADELPHIA,PA19104     		NONE PUBLIC EDUCATION 45,000
    THE PENSYLVANIA STATE UNIVERSITY
    311 BURROWES BUILDING
    UNIVERSITY PARK,PA16802     		NONE PUBLIC EDUCATION 18,000
    UNIVERSITY OF PITTSBURGH
    4200 FIFTH AVE
    PITTSBURGH,PA15260     		NONE PUBLIC EDUCATION 4,000
    PRINCETON UNIVERSITY
    209 EAST PYNE BUILDING
    PRINCETON,NJ08544     		NONE PUBLIC EDUCATION 54,250
    PRINCETON UNIVERSTIY
    209 EAST PYNE BUILDING
    PRINCETON,NJ08544     		NONE PUBLIC EDUCATION 24,000
    PRINCETON UNIVERSITY
    209 EAST PYNE BUILDING
    PRINCETON,NJ08544     		NONE PUBLIC EDUCATION 13,000
    STONY BROOK FOUNDATION INC
    E 3320 MELVILLE LIBRARY
    STONY BROOK,NY11794     		NONE PUBLIC EDUCATION 18,000
    THE UNIVERSITY OF RHODE ISLAND FOUND
    67 UPPER COLLEGE ROAD
    KINGSTON,RI02881     		NONE PUBLIC EDUCATION 36,000
    THE UNIVERSITY OF RHODE ISLAND FOUND
    67 UPPER COLLEGE ROAD
    KINGSTON,RI02881     		NONE PUBLIC EDUCATION 21,600
    RUTGERS UNIVERSITY FOUNDATION
    172 COLLEGE AVENUE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC EDUCATION 27,600
    RUTGERS UNIVERSITY FOUNDATION
    172 COLLEGE AVENUE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC EDUCATION 10,000
    RUTGERS UNIVERSITY FOUNDATION
    172 COLLEGE AVENUE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC EDUCATION 36,000
    UNIVERSITY OF SOUTH FLORIDA FOUND INC
    4202 E FOWLER AVENUE
    TAMPA,FL33620     		NONE PUBLIC EDUCATION 25,000
    THE UNIVERSITY OF TEXAS AUSTIN
    1 UNIVERSITY STATION/C3300
    AUSTIN,TX78712     		NONE PUBLIC EDUCATION 14,000
    VALPARAISO UNIVERSITY
    1700 CHAPEL DRIVE
    VALPARAISO,IN46383     		NONE PUBLIC EDUCATION 22,000
    VANDERBILT UNIVERSITY
    301 KIRKLAND HALL
    NASHVILLE,TN37240     		NONE PUBLIC EDUCATION 50,000
    VANDERBILT UNIVERSTIY
    301 KIRKLAND HALL
    NASHVILLE,TN37240     		NONE PUBLIC EDUCATION 30,000
    UNIVERSITY OF WASHINGTON
    340-C DENNY
    SEATTLE,WA98195     		NONE PUBLIC EDUCATION 54,000
    UNIVERSITY OF WASHINGTON
    340-C DENNY
    SEATTLE,WA98195     		NONE PUBLIC EDUCATION 5,000
    WASHINGTON UNIVERSITY
    ONE BROOKING DRIVE
    ST LOUIS,MO63130     		NONE PUBLIC EDUCATION 3,500
    WASHINGTON UNIVERSITY
    ONE BROOKING DRIVE
    ST LOUIS,MO63130     		NONE PUBLIC EDUCATION 18,500
    WAYNE STATE UNIVERSITY
    401 MANOGIAN HALL
    DETRIOT,MI48202     		NONE PUBLIC EDUCATION 26,000
    REGENTS OF THE UNV OF WISCONSIN FOUND
    716 LANGDON STREET
    MADISON,WI53706     		NONE PUBLIC EDUCATION 25,000
    WYCKOFF FAMILY YMCA
    691 WYCKOFF AVENUE
    WYCKOFF,NJ07481     		NONE PUBLIC EDUCATION 25,000
    YALE UNIVERSITY
    PO BOX 208210
    NEW HAVEN,CT06520     		NONE PUBLIC EDUCATION 20,000
    YOUTH FOR UNDERSTANDING USA INC
    6400 GOLDSBORO ROAD
    BETHESDA,MD20817     		NONE PUBLIC EDUCATION 20,000
    ALLEGHENY COLLEGE
    520 NORTH MAIN STREET
    MEADVILLE,PA16335     		NONE PUBLIC EDUCATION 6,000
    BELMONT UNIVERSITY
    1900 BELMONT BOULEVARD
    NASHVILLE,TN37212     		NONE PUBLIC EDUCATION 6,000
    CASE WESTERN RESERVE UNIVERSTIY
    10900 EUCLID AVENUE
    CLEVELAND,OH44106     		NONE PUBLIC EDUCATION 6,000
    THE UNIVERSTIY OF CHICAGO
    1050 E 59TH STREET
    CHICAGO,IL60637     		NONE PUBLIC EDUCATION 5,000
    UNIVERSITY OF CINCINNATI
    PO BOX 210372
    CINCINNATI,OH45221     		NONE PUBLIC EDUCATION 6,000
    COLGATE UNIVERSITY
    13 OAK DRIVE
    HAMILTON,NY13346     		NONE PUBLIC EDUCATION 6,000
    UNIVERSITY OF COLORADO FOUNDATION INC
    129 MCKENNA
    BOULDER,CO80309     		NONE PUBLIC EDUCATION 5,000
    THE COLORADO COLLEGE
    14 EAST CACHE LA POUDRE
    COLORADO SPRINGS,CO80903     		NONE PUBLIC EDUCATION 6,000
    COLUMBIA UNIVERSITY
    535 WEST 116TH STREET
    NEW YORK,NY10027     		NONE PUBLIC EDUCATION 5,000
    CONCORDIA COLLEGE
    901 8TH STREET SOUTH
    MOORHEAD,MN56562     		NONE PUBLIC EDUCATION 6,000
    CORNELL UNIVERSTIY
    183 GOLDWIN SMITH HALL
    ITHACA,NY14853     		NONE PUBLIC EDUCATION 5,000
    DARTMOUTH COLLEGE
    6084 DARTMOUTH HALL
    HANOVER,NH03755     		NONE PUBLIC EDUCATION 6,000
    DEUTSCHES STUDENTENWERK
    11 MONBIJOUPLATZ
    BERLIN,BRANDENBURG10178
    GM     		NONE PUBLIC EDUCATION 150,000
    DICKINSON COLLEGE
    PO BOX 1773
    CARLISLE,PA17013     		NONE PUBLIC EDUCATION 6,000
    FRIENDS OF DRESDEN INC
    1230 YORK AVENUE
    NEW YORK,NY10065     		NONE PUBLIC EDUCATION 25,000
    UNIVERSITY OF ERFURT
    63 NORDHAEUSER STR
    ERFURT,THURINGEN99105
    GM     		NONE PUBLIC EDUCATION 100,000
    GOETHE UNIVERSITY FRANKFURT
    31 SENCKENBERGANLAGE
    FRANKFURT A.M.,HESSEN60325
    GM     		NONE PUBLIC EDUCATION 200,000
    THE GERMAN SOCIETY OF PENNSYLVANIA
    611 SPRING GARDENS STREET
    PHILADELPHIA,PA19123     		NONE PUBLIC EDUCATION 20,000
    GERMAN-AMERICAN SCHOOL ASSOCIATION
    6 EAST 87TH STREET
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 30,000
    UNIVERSITY OF ILLINOIS
    601 SOUTH MORGAN STREET
    CHICAGO,IL60607     		NONE PUBLIC EDUCATION 1,000
    INDIANA UNIVERSITY
    425 UNIVERSITY BOULEVARD
    INDIANAPOLIS,IN46202     		NONE PUBLIC EDUCATION 6,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		NONE PUBLIC EDUCATION 5,000
    KANSAS UNIVERSITY ENDOWMENT ASSOCIATION
    1445 JAYHAWK BLVD ROOM 2080
    LAWRENCE,KS66045     		NONE PUBLIC EDUCATION 6,000
    UNIVERSITY OF KENTUCKY
    101 MAIN BUILDING
    LEXINGTON,KY40506     		NONE PUBLIC EDUCATION 6,000
    LAFAYETTE COLLEGE
    730 HIGH STREET
    EASTON,PA18042     		NONE PUBLIC EDUCATION 5,000
    LIEDERKRANZ FOUNDATION INC
    6 EAST 87TH STREET
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 25,000
    LIEDERKRANZ FOUNDATION INC
    6 EAST 87TH STREET
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 25,000
    LIEDERKRANZ FOUNDATION INC
    6 EAST 87TH STREET
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 25,000
    PHILIPPS UNIVERSITY MARBURG
    10/12 BIEGENSTRASSE
    MARBURG,HESSEN35032
    GM     		NONE PUBLIC EDUCATION 150,000
    UNIVERSITY OF MASSACHUSETTS
    PO BOX 33925
    AMHERST,MA01003     		NONE PUBLIC EDUCATION 6,000
    THE UNIVERSITY OF MICHIGAN
    812 E WASHINGTON STREET
    ANN ARBOR,MI48109     		NONE PUBLIC EDUCATION 6,000
    MIDDLEBURY COLLEGE
    131 S MAIN STREET
    MIDDLEBURY,VT05753     		NONE PUBLIC EDUCATION 6,000
    MILLERSVILLE UNIVERSITY
    PO BOX 1002
    MILLERSVILLE,PA17551     		NONE PUBLIC EDUCATION 5,000
    MONTEREY INSTITUTE OF INTERNL STUDIES
    460 PIERCE STREET
    MONTEREY,CA93940     		NONE PUBLIC EDUCATION 6,000
    NEW YORK UNIVERSITY
    42 WASHINGTON MEWS
    NEW YORK,NY10003     		NONE PUBLIC EDUCATION 30,000
    OBERLIN COLLEGE
    50 NORTH PROFESSOR STREET
    OBERLIN,OH44074     		NONE PUBLIC EDUCATION 6,000
    THE OHIO STATE UNIVERSITY
    1775 COLLEGE ROAD
    COLUMBUS,OH43210     		NONE PUBLIC EDUCATION 6,000
    UNIVERSITY OF PENNSYLVANIA
    255 SOUTH 36TH STREET
    PHILDELPHIA,PA19104     		NONE PUBLIC EDUCATION 6,000
    THE PENNSYLVANIA STATE UNIVERSITY
    231 BURROWES BUILDING
    UNIVERSITY PARK,PA16802     		NONE PUBLIC EDUCATION 6,000
    THE UNIVERSITY OF RHODE ISLAND FOUND
    67 UPPER COLLEGE ROAD
    KINGSTON,RI02881     		NONE PUBLIC EDUCATION 5,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    2714 SOUTH HOOVER STREET
    LOS ANGLES,CA90007     		NONE PUBLIC EDUCATION 6,000
    VALPARAISO UNIVERSITY
    KRETZMANN HALL
    VALPARAISO,IN46383     		NONE PUBLIC EDUCATION 6,000
    VANDERBILT UNIVERSITY
    205 KIRKLAND HALL
    NASHVILLE,TN37340     		NONE PUBLIC EDUCATION 6,000
    UNIVERSITY OF VIRGINIA
    108 COCKE HALL
    CHARLOTTESVILLE,VA22904     		NONE PUBLIC EDUCATION 6,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    901 UNIVERSITY BAY DRIVE
    MADISON,WI53705     		NONE PUBLIC EDUCATION 250,000
    AMERICAN MUSEUM OF NATURAL HISTORY
    79TH STREET CENTRAL PARK
    NEW YORK,NY10024     		NONE PUBLIC EDUCATION 3,000
    EV LUTHERAN CHURCH OF ST PAUL
    PO BOX 1971
    NEW YORK,NY10013     		NONE RELIGIOUS RELIGIOUS 5,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    5416 DWINELLE HALL
    BERKELY,CA94720     		NONE PUBLIC RESEARCH 67,500
    UNIVERSITY OF CALIFORNIA
    200 ARBOR DRIVE
    SAN DIEGO,CA92103     		NONE PUBLIC RESEARCH 67,500
    COLUMBIA UNIVERSITY IN THE CITY OF NY
    61 ROUTE 9W
    PALISADES,NY10964     		NONE PUBLIC RESEARCH 58,500
    CVPATH INSTITUTE INC
    19 FIRSTFIELD ROAD
    GAITHERSBURG,MD20878     		NONE PUBLIC RESEARCH 64,200
    TRUSTEES OF DARTMOUTH COLLEGE
    11 ROPE FERRY ROAD
    HANOVER,NH03755     		NONE PUBLIC RESEARCH 67,500
    THE UNIVERSITY OF GEORGIA
    210 FIELD STREET
    ATHENS,GA30602     		NONE PUBLIC RESEARCH 64,200
    JOHNS HOPKINS UNIVERSITY
    1800 ORLEANS STREET
    BALTIMORE,MD21287     		NONE PUBLIC RESEARCH 64,200
    GENERAL HOSPITAL CORPORATIONMASS GENERA
    149 13TH STREET
    CHARESTOWN,MA02129     		NONE PUBLIC RESEARCH 55,200
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    77 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02139     		NONE PUBLIC RESEARCH 55,200
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    77 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02139     		NONE PUBLIC RESEARCH 64,200
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    1275 YORK AVENUE
    NEW YORK,NY10065     		NONE PUBLIC RESEARCH 55,200
    NEW YORK UNIVERSITY
    19 UNIVERSITY PLACE
    NEW YORK,NY10003     		NONE PUBLIC RESEARCH 55,200
    RUTGERS UNIVERSITY FOUNDATION
    610 TAYLOR ROAD
    PISCATAWAY,NJ08854     		NONE PUBLIC RESEARCH 55,200
    STANFORD UNIVERSITY
    401 QUARRY ROAD
    STANFORD,CA94305     		NONE PUBLIC RESEARCH 55,200
    THE UNIVERSITY OF UTAH
    315 SOUTH 1400 EAST
    SALT LAKE CITY,UT84112     		NONE PUBLIC RESEARCH 51,875
    DICKENSON COLLEGE
    PO BOX 1773
    CARLISLE,PA17013     		NONE PUBLIC EDUCATION 12,000
    UNIVERSITY OF GEORGIA FOUNDATION
    201 JOSEPH E BROWN HALL
    ATHENS,GA30602     		NONE PC EDUCATION 16,000
    NORTHWESTERN UNIVERSITY
    1880 CAMPUS DRIVE
    EVANSTON,IL60208     		NONE PUBLIC EDUCATION 15,000
    THE OHIO STATE UNIVERSITY
    1775 COLLEGE ROAD
    COLUMBUS,OH43210     		NONE PUBLIC EDUCATION 10,000
    THE OHIO STATE UNIVERSITY
    1775 COLLEGE ROAD
    COLUMBUS,OH43210     		NONE PC EDUCATION 10,000
    LAFAYETTE COLLEGE
    730 HIGH STREET
    EASTON,PA18042     		NONE PUBLIC EDUCATION 12,000
    BOWLING GREEN STATE UNIVERSITY FOUNDATIO
    SHATZEL HALL 103
    BOWLING GREEN,OH43403     		NONE PUBLIC EDUCATION 1,000
    BRANDEIS UNIVERSITY
    PO BOX 549110
    WALTHAM,MA02454     		NONE PUBLIC EDUCATION 10,000
    BRANDEIS UNIVERSITY
    PO BOX 549110
    WALTHAM,MA02454     		NONE PUBLIC EDUCATION 12,000
    BROWN UNIVERSITY
    190 HOPE STREET
    PROVIDENCE,RI02912     		NONE PUBLIC EDUCATION 18,000
    UNIVERSITY OF CALIFORNIA REGENTS
    5319 DWINELLE HALL
    BERKELEY,CA94720     		NONE PUBLIC EDUCATION 8,000
    CASE WESTERN RESERVE UNIVERSITY
    10900 EUCLID AVENUE
    CLEVELAND,OH44106     		NONE PUBLIC EDUCATION 11,000
    UNIVERSITY OF CINCINNATI
    PO BOX 210372
    CINCINNATI,OH45221     		NONE PUBLIC EDUCATION 28,000
    CORNELL UNIVERSITY
    183 GOLDWIN SMITH HALL
    ITHACA,NY14853     		NONE PUBLIC EDUCATION 12,000
    FORDHAM UNIVERSITY
    441 EAST FORDHAM ROAD
    BRONX,NY10458     		NONE PUBLIC EDUCATION 7,000
    THE UNIVERSITY OF GEORGIA
    201 JOSEPH E BROWN HALL
    ATHENS,GA30602     		NONE PUBLIC EDUCATION 5,000
    THE GERMAN SOCIETY OF PENNSYLVANIA
    611 SPRING GARDEN STREET
    PHILDELPHIA,PA19123     		NONE PUBLIC EDUCATION 20,000
    GIULIO GARI FOUNDATION INC
    175 WEST 72ND STREET
    NEW YORK,NY10023     		NONE PUBLIC EDUCATION 10,000
    INDIANA UNIVERSITY
    425 NORTH UNIVERSITY BLVD
    INDIANAPOLIS,IN46202     		NONE PUBLIC EDUCATION 20,000
    MONTEREY INSTITUTE OF INTERNATIONAL STUD
    460 PIERCE STREET
    MONTEREY,CA93940     		NONE PUBLIC EDUCATION 14,000
    NEW YORK PUBLIC RADIO
    160 VARICK STREET
    NEW YORK,NY10013     		NONE PUBLIC EDUCATION 25,000
    UNIVERSITY OF NORTH DAKOTA
    276 CENTENNIAL DRIVE STOP 8198
    GRAND FORKS,ND58202     		NONE PUBLIC EDUCATION 9,000
    NORTHWESTERN UNIVERSITY
    1880 CAMPUS DRIVE
    EVANSTON,IL60208     		NONE PUBLIC EDUCATION 10,000
    NORTHWESTERN UNIVERSITY
    1880 CAMPUS DRIVE
    EVANSTON,IL60208     		NONE PUBLIC EDUCATION 4,000
    NORTHWESTERN UNIVERSITY
    1880 CAMPUS DRIVE
    EVANSTON,IL60208     		NONE PUBLIC EDUCATION 8,400
    THE UNIVERSITY OF OKLAHOMA FOUNDATION
    630 PARRINGTON OVAL
    NORMA,OK73019     		NONE PUBLIC EDUCATION 5,000
    PURDUE UNIVERSITY
    640 OVAL DRIVE
    WEST LAFAYETTE,IN47907     		NONE PUBLIC EDUCATION 4,000
    SYRACUSE UNIVERSITY
    315 HB CROUSE HALL
    SYRACUSE,NY13244     		NONE PUBLIC EDUCATION 9,600
    SYRACUSE UNIVERSITY
    315 HB CROUSE HALL
    SYRACUSE,NY13244     		NONE PUBLIC EDUCATION 18,000
    THE VALLEY HOSPITAL FOUNDATION
    223 NORTH VAN DIEN AVENUE
    RIDGEWOOD,NJ07450     		NONE PUBLIC EDUCATION 80,000
    WASHINGTON UNIVERSITY
    ONE BROOKINGS DRIVE
    ST LOUIS,MO63130     		NONE PUBLIC EDUCATION 5,000
    DEUTSCHES STUDENTENWERK EV
    MONBIJOUPLATZ 11
    BERLIN,BRANDENBURG10178
    GM     		NONE PUBLIC EDUCATION 300,000
    UNIVERSITY OF SIEGEN
    HERRENGARTEN 3
    SIEGEN,NORDRHEIN-WESTFAL57068
    GG     		NONE PUBLIC EDUCATION 300,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    901 UNIVERSITY BAY DRIVE
    MADISON,WI53705     		NONE PUBLIC EDUCATION 150,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    901 UNIVERSITY BAY DRIVE
    MADISON,WI53705     		NONE PUBLIC EDUCATION 100,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    901 UNIVERSITY BAY DRIVE
    MADISON,WI53705     		NONE PUBLIC EDUCATION 6,000
    Total .................................bullet 3a 5,968,173
    bApproved for future payment
    JOHNS HOPKINS UNIVERSITY
    1800 ORLEANS STREET
    BALTIMORE,MD21287     		NONE PUBLIC EDUCATION 18,000
    NEW YORK UNIVERSITY
    19 UNIVERSITY PLACE
    NEW YORK,NY10003     		NONE PUBLIC EDUCATION 30,000
    STANFORD UNIVERSITY
    401 QUARRY ROAD
    STANFORD,CA94305     		NONE PUBLIC RESEARCH 50,800
    NEW YORK UNIVERSITY
    42 WASHINGTON MEWS
    NEW YORK,NY10003     		NONE PUBLIC EDUCATION 3,000
    NORTHWESTERN UNIVERSITY
    1880 CAMPUS DRIVE
    EVANSTON,IL60208     		NONE PUBLIC EDUCATION 10,000
    UNIVERSITY OF WASHINGTON
    340-C DENNY BOX 353130
    SEATTLE,WA98195     		NONE PUBLIC EDUCATION 8,000
    WASHINGTON UNIVERSITY
    ONE BROOKINGS DRIVE
    ST LOUIS,MO63130     		NONE PUBLIC EDUCATION 23,000
    THE AMERICAN AUSTRIAN FOUNDATION INC
    201 WEST 72ND STREET
    NEW YORK,NY10023     		NONE PUBLIC EDUCATION 43,200
    AMERICAN FRIENDS OF DLA MARBACH INC
    ONE BOOKING DRIVE
    ST LOUIS,MO63130     		NONE PUBLIC EDUCATION 800,000
    BROWN UNIVERSTIY
    190 HOPE STREET
    PROVIDENCE,RI02912     		NONE PUBLIC EDUCATION 18,000
    CARNEGIE MELLON UNIVERSITY
    160 BAKER HALL
    PITTSBURGH,PA15213     		NONE PUBLIC EDUCATION 12,000
    UNIVERSITY OF CINCINNATI
    733 OLD CHEMISTRY
    CINCINNATI,OH45221     		NONE PUBLIC EDUCATION 1,500
    ELYSIUM-BETWEEN TWO CONTINENTS
    303 EAST 83RD STREET
    NEW YORK,NY10028     		NONE PUBLIC EDUCATION 30,000
    EMORY UNIVERSITY
    532 KILGO CIRCLE
    ATLANTA,GA30322     		NONE PUBLIC EDUCATION 16,000
    GERMAN AMERICAN PARTNERSHIP PROGRAM
    72 SPRING STREET
    NEW YORK,NY10012     		NONE PUBLIC EDUCATION 25,000
    HUNTER COLLEGE FOUNDATION INC
    695 PARK AVE
    NEW YORK,NY10065     		NONE PUBLIC EDUCATION 25,000
    UNIVERSITY OF ILLINOIS
    601 SOUTH MORGAN STREET
    CHICAGO,IL60607     		NONE PUBLIC EDUCATION 14,000
    UNIVERSITY OF ILLINOIS
    601 SOUTH MORGAN STREET
    CHICAGO,IL60607     		NONE PUBLIC EDUCATION 54,000
    INDIANA UNIVERSITY
    1020 E KIRKWOOD AVE
    BLOOMINGTON,IN47405     		NONE PUBLIC EDUCATION 5,000
    INDIANA UNIVERSITY
    1020 E KIRKLAND AVE
    BLOOMINGTON,IN47405     		NONE PUBLIC EDUCATION 4,000
    NORTHWESTERN UNIVERSITY
    1880 CAMPUS DRIVE
    EVANSTON,IL60208     		NONE PUBLIC EDUCATION 15,000
    UNIVERSITY OF NOTRE DAME
    105 MAIN BLDG
    NORTRE DAME,IN46556     		NONE PUBLIC EDUCATION 18,000
    OREGON STATE UNIVERSITY
    300E GILKEY HALL
    CORVALLIS,OR97331     		NONE PUBLIC EDUCATION 10,000
    VANDERBILT UNIVERSITY
    301 KIRKLAND HALL
    NASHVILLE,TN37240     		NONE PUBLIC EDUCATION 50,000
    VANDERBILT UNIVERSITY
    301 KIRKLAND HALL
    NASHVILLE,TN37240     		NONE PUBLIC EDUCATION 50,000
    DEUTSCHES STUDENTENWERK
    11 MONBIJOUPLATZ
    BERLIN,BRANDENBURG10178
    GM     		NONE PUBLIC EDUCATION 300,000
    GOETHE UNIVERSITY FRANKFURT
    POSTFACH 111932
    FRANKFURT A.M.,HESSEN60054
    GM     		NONE PUBLIC EDUCATION 100,000
    UNIVERSITY OF KASSEL
    19 MONCHEBERGSTRABE
    KASSEL,HESSEN34109
    GM     		NONE PUBLIC EDUCATION 100,000
    LIEDERKRANZ FOUNDATION INC
    6 EAST 87TH STREET
    NEW YORK,NY10128     		NONE PUBLIC EDUCATION 50,000
    UNIVERSITY OF SIEGEN
    3 HERRENGARTEN
    SIEGEN,N. RHINE-WESTPHAL57068
    GM     		NONE PUBLIC EDUCATION 300,000
    CHILDRENS HOSPITAL
    300 LONGWOOD AVENUE
    BOSTON,MA02115     		NONE PUBLIC RESEARCH 64,200
    COLUMBIA UNIVERSITY
    1051 RIVERSIDE DRIVE
    NEW YORK,NY10032     		NONE PUBLIC RESEARCH 46,340
    COLUMBIA UNIVERSITY IN THE CITY OF NY
    61 ROUTE 9W
    PALISADES,NY10964     		NONE PUBLIC RESEARCH 55,200
    INSTITUTE FOR ADVANCED STUDY
    1 EINSTEIN DRIVE
    PRINCETON,NJ08540     		NONE PUBLIC RESEARCH 67,500
    MIAMI UNIVERSITY
    IRVIN HALL ROOM 172
    OXFORD,OH45056     		NONE PUBLIC EDUCATION 9,000
    AMERICAN FRIENDS OF BUCERIUS LAW SCHOOL
    871 UN PLAZA
    NEW YORK,NY10017     		NONE PUBLIC EDUCATION 10,000
    BELMONT UNIVERSITY
    1900 BELMONT BOULEVARD
    NASHVILLE,TN37212     		NONE PUBLIC EDUCATION 18,000
    BRIGHAM YOUNG UNIVERSITY
    3112 JOSEPH F SMITH BLDG
    PROVO,UT84602     		NONE PUBLIC EDUCATION 4,000
    UNIVERSITY OF COLORADO FOUNDATION
    MCKENNA 211
    BOULDER,CO80309     		NONE PUBLIC EDUCATION 45,000
    UNIVERSITY OF GEORGIA FOUNDATION
    201 JOSEPH E BROWN HALL
    ATHENS,GA30602     		NONE PUBLIC EDUCATION 5,000
    UNIVERSITY OF GEORGIA FOUNDATION
    201 JOSEPH E BROWN HALL
    ATHENS,GA30602     		NONE PUBLIC EDUCATION 14,000
    UNIVERSITY OF GEORGIA FOUNDATION
    201 JOSEPH E BROWN HALL
    ATHENS,GA30602     		NONE PUBLIC EDUCATION 10,000
    HUNTER COLLEGE FOUNDATION INC
    695 PARK AVENUE
    NEW YORK,NY10065     		NONE PUBLIC EDUCATION 500
    UNIVERSITY OF ILLINOIS
    601 SOUTH MORGAN STREET
    CHICAGO,IL60607     		NONE PUBLIC EDUCATION 8,000
    UNIVERSITY OF MASSACHUSETTS
    161 PRESIDENTS DRIVE
    AMHERST,MA01003     		NONE PUBLIC EDUCATION 10,400
    UNIVERSITY OF NOTRE DAME
    105 MAIN BLDG
    NOTRE DAME,IN46556     		NONE PUBLIC EDUCATION 1,500
    ORPHEUS CHAMBER ORCHESTRA INC
    490 RIVERSIDE DRIVE
    NEW YORK,NY10027     		NONE PUBLIC EDUCATION 50,000
    UNIVERSITY OF WASHINGTON
    340-C DENNY
    SEATTLE,WA98195     		NONE PUBLIC EDUCATION 54,000
    YALE UNIVERSITY
    PO BOX 208210
    NEW HAVEN,CT06520     		NONE PUBLIC EDUCATION 8,000
    DEUTSCHES STUDENTENWERK EV
    MONBIJOUPLATZ 11
    BERLIN,BRANDENBURG10178
    GM     		NONE PUBLIC EDUCATION 100,000
    Total .................................bullet 3b 2,764,140
    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 1,525,077  
    4 Dividends and interest from securities....     14 1,319,967  
    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 .............     		    18 609,928  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 INVESTMENT INCOME     14 70,882  
    bREFUND-PRIOR YEAR GRANTS     14 2,249  
    cSHORT OPTION INCOME     14 -21,428  
    dUBTI ORDINARY INCOME 525990 5,712 14    
    e
    12 Subtotal. Add columns (b), (d), and (e).. 5,712 3,506,675  
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,512,387
    (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: 14000265
    Software Version: 2014v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 33,114 0 0 33,114

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    INTERNATIONAL BUSINESS MACH NTS 869,533 835,830
    WYETH CALL 1,012,505 1,052,810
    INTL BUS MACH 780,770 904,222
    MORGAN STANLEY 238,342 268,427
    PETRO CANADA NTS 1,099,395 1,124,750
    FPL GROUP 843,545 854,363
    ANHEUSER BUSCH COS NTS 820,918 816,210
    MARATHON OIL CORP 419,107 392,408
    CHUBB CORP NTS 553,985 564,885
    WELLS FARGO BANK 539,855 501,990
    CHURCH & DWIGHT CO INC 406,006 408,724
    PRUDENTIAL FINANCIAL INC NTS 590,275 601,075
    VALE OVERSEAS LTD NTS 500,005 505,220
    GENL ELECT CAP CORP SUB 1,045,421 1,141,990
    ICAHN ENTERPRISES LP 526,506 515,100
    WASHINGTON POST CO 580,860 563,365
    GENL ELEC CAP CORP 1,162,735 1,085,620
    TOYOTA MOTOR CREDIT CORP 308,856 312,336
    BERKSHIRE HATHAWAY INC 516,815 520,610
    ENTERPRISE PRODUCTS OPER 583,005 570,669
    LILLY ELI & CO 598,893 601,070
    STAPLES INC. 2.75 254,598 249,740
    METLIFE INC 513,506 558,855
    STAPLES INC. 766,408 752,048
    BANK OF NOVA SCOTIA 756,748 747,570
    ARES CAPITAL CORP NTS 523,756 525,695
    ROCKWELL COLLINS INC NTS 510,006 513,040
    LEUCADIA NATL CORP 523,506 512,060
    CNOOC NEXEN FIN 2014 ULC 775,431 776,010
    AMERICAN EXPRESS CO 511,881 507,795
    JPMORGAN CHASE & CO 800,006 782,752

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIR PRODUCT & CHEMICALS 127,400 1,153,840
    ANADARKO PETE CORP 18,271 825,000
    BP PLC SPONSORED ADR 476,899 476,500
    BERKSHIRE HATHAWAY INC 1,215 2,552,550
    COLGATE PALMOLIVE CO 462,651 1,210,825
    EXXON MOBILE CORP 114,638 1,386,750
    INTL BUSINESS MACHINE 177,151 962,640
    ITT CORP 243,322 505,750
    JOHNSON & JOHNSON COM 684,391 1,307,125
    MERCK & CO INC. 29,062 851,850
    MICROSOFT CORP 541,773 929,000
    MORGAN STANLEY 510,210 776,000
    3M CO 655,133 1,663,740
    ORACLE CORP 300,497 899,400
    EMC CORP MASS 303,119 520,450
    MORNING STAR, INC 473,948 647,100
    GENERAL ELECTRIC CORP 385,750 631,750
    AMER ELECTRIC POWER CO 233,852 455,400
    COHEN STEERS INC 377,156 631,200
    FRANKLIN RESOURCES 403,451 830,550
    GENUINE PARTS 279,186 719,348
    INTEL CORP 458,877 816,525
    JP MORGAN CHASE 550,565 938,700
    MEAD JOHNSON NUTRITION CO 320,433 678,645
    SCHLUMBERGER LTD NETHERLANDS 467,998 640,575
    SPECTRA ENERGY CORP 248,919 363,000
    CSX CORPORATION 385,726 634,025
    LVMH MOET HENNESSY LOUIS NEW 299,212 420,830
    MCDONALDS CORP 397,329 531,279
    RIO TINTO PLC SPON ADR 443,261 437,570
    KINDER MORGAN MGMT LLC 327,455 572,243
    HARTFORD FINCL SERVICES GROUP INC 379,418 687,885
    INGREDION INC 196,225 848,400
    PHILLIPS 66 243,066 501,900
    TOYOTA MOTOR CORP NEW JAPAN 339,386 501,920
    VEECO INSTRUMENTS INC 425,067 436,000
    AMGEN INC 204,155 318,580
    APPLE INC. 195,484 275,950
    ARES CAPITAL CORP. 13,330 10,845
    NATL-OILWELLVAVCO INC 616,595 655,300
    NESTLE A SPONSORED ADR 186,839 590,895
    SYSCO CORP 175,250 793,800
    WP CAREY INC REIT 513,456 710,323
    BROADCOM CORP 503,192 589,288
    COCA COLA CORP 520,923 527,750
    GILEAD SCIENCES INC 263,788 353,475
    HALLIBURTON CO 628,380 491,625
    OAO GAZPROM LEVEL 1 ADR PROGRAM 200,310 133,635
    TAL ED GROUP ADR 236,602 210,675
    UNITED PARCEL SERVICE INC 345,042 389,095

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    US Government Securities - End of Year Book Value:

    6,843,044
    US Government Securities - End of Year Fair Market Value:

    6,259,687
    State & Local Government Securities - End of Year Book Value:


    2,248,418
    State & Local Government Securities - End of Year Fair Market Value:


    2,398,215


    TY 2014 InvestmentsOtherSchedule2
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    UBS CARLYLE REALTY PARTNERS FUND AT COST 152,224 176,931
    VINTAGE 07 SERIES AIP ASIA FUND LLC AT COST 386,104 422,089
    SPDR Gold Trust AT COST 413,861 681,480
    VANGUARD INTL FSTE ALL WORLD AT COST 105,183 117,150
    UTILITIES SECTOR SPDR AT COST 215,470 323,457
    ISHARES TRUST RUSSELL 2000 AT COST 255,236 430,632
    ISHARES MSCI CANADA AT COST 273,621 288,600
    ISHARES IBOXX HIGH YIELD AT COST 378,696 448,000
    ISHARES INC MSCI GERMANY AT COST 398,307 479,675
    SPDR S&P BRIC 40 ETF AT COST 359,056 327,450
    VANGUARD SECTOR INDEX FD AT COST 502,127 816,335
    ALPHAKEYS MILLENNIUM OFFSHORE FUND LTD AT COST 1,000,000 1,258,276
    CORSAIR CAPITAL INVESTORS AT COST 750,000 890,582
    DOUBLE BLACK DIAMOND, LTD AT COST 1,000,000 1,178,939
    PLAINS ALL AMER PIPELINE AT COST 234,399 333,580
    ALPHAKEYS KKR FUND XI LLC INVESTED AT COST 131,914 147,240
    EATON VANCE ATLANTA AT COST 118,869 155,820
    MATTHEWS ASIA DIVIDEND (MAPIX) AT COST 89,633 94,615
    OPPENHEIMER DEVELOPING MARKETS FUND AT COST 170,266 164,663
    AMG YACKTMAN FOCUSED FUND AT COST 163,861 193,811
    BLACKROCK HIGH YIELD BOND AT COST 204,819 201,640
    JP MORGAN STRATEGIC INCOME OPPORTUNITIES AT COST 191,378 190,356
    JP MORGAN CORE BOND FUND AT COST 246,184 245,433
    BLACKROCK GLOBAL ALLOCATION FUND AT COST 205,302 204,094
    FIRST EAGLE GLOBAL FUND AT COST 206,058 213,616
    VANGUARD INDEX EMERGING MARKET AT COST 814,940 800,400
    ISHARES TRUST S&P GLOBAL AT COST 286,799 338,760
    VANGUARD SECTOR INDEX INFORMAT AT COST 660,757 752,256
    WISDOMTREE TRUST JAPAN AT COST 417,750 418,455
    BROOKFIELD GLOBAL LISTED INFRAST FUND AT COST 114,744 125,161
    LYRICAL US VALUE EQUITY FUND AT COST 278,118 321,802
    DRIEHAUS SELECT CREDIT FUND AT COST 194,207 175,167
    TEMPLETON GLOBAL TOTAL RETURN AT COST 315,525 290,657
    BLACKROCK GLOBAL LONG/SHORT CREDIT FUND AT COST 394,704 381,848
    T ROWE PRICE CAPITAL APPRECATION FUND AT COST 164,405 169,540
    ENTERPRISE PRODUCTS PARTNER AT COST 264,261 1,155,840
    KKR & CO LP AT COST 448,977 464,200
    BLUE MOUNTAIN CREDIT AT COST 750,000 739,965
    WISDOMTREE TRUST EUROPE HEDGED AT COST 300,719 278,100
    HAMLIN HIGH DIVIDEND EQUITY FUND AT COST 188,611 192,777
    HENDERSON INTERNATIONAL OPPORTUNITIES AT COST 158,038 155,117
    ANGEL OAK MULTI-STRATEGY INCOME AT COST 204,091 201,942
    FIDELITY ADVISOR LIMITED TERM BOND FUND AT COST 302,048 300,220
    METROPOLITAN WEST TOTAL RETURN BOND FUND AT COST 198,543 200,185
    FRANKLIN INC AT COST 252,124 246,949
    UBS AG TRIGGER ROS CMCIER AT COST 220,000 183,920
    HSBC USA INC AT COST 250,000 255,035
    BARCLAYS BANK PLC AT COST 250,000 250,000
    MORGAN STANLEY TRIGGER PS SPX AT COST 800,000 822,400
    GOLDMAN SACHS BANK AT COST 375,000 386,625
    COUPON CERTIFICATES OF DEPOSIT AT COST 95,000 96,770
    JPMORGAN CHASE & CO 6.300 AT COST 250,000 255,600
    PUBLIC STORAGE SER Q 6.500 AT COST 272,963 263,700

    TY 2014 OtherExpensesSchedule
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 42,013     42,013
    NY STATE FILING FEE 1,500     1,500
    OFFICE EXPENSE 7,705     7,705
    OFFICE SUPPLIES & EQUIPMENT 6,561     6,561
    POSTAGE & TELEPHONE 4,012     4,012


    TY 2014 OtherIncomeSchedule2
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 INVESTMENT INCOME 70,882 70,882 70,882
    REFUND-PRIOR YEAR GRANTS 2,249   2,249
    SHORT OPTION INCOME -21,428 -21,428 -21,428
    UBTI ORDINARY INCOME 5,712   5,712


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 54,114 54,114 54,114 0


    TY 2014 TaxesSchedule
    Name:
    MAX KADE FOUNDATIONINC
    EIN: 13-5658082
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 34,481     34,481
    FEDERAL UBTI TAX 707     707
    FOREIGN TAXES 10,862     10,862
    PAYROLL TAXES 25,192     25,192
    STATE CORPORATE TAX 424     424