TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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 EKM DAVIDSON FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)311 EVERIT AVENUE Room/suite

City or town, state or province, country, and ZIP or foreign postal code
HEWLETT HARBOR, NY11557

A Employer identification number

11-6005674

B Telephone number (see instructions)

(718) 391-4935

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$685,132J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	3,879		3,879
4	Dividends and interest from securities......	18,686		18,686
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		27,812
b	Gross sales price for all assets on line 6a 185,173
7	Capital gain net income (from Part IV, line 2)...			27,812
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........	50,377		50,377
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		15,268	11,143	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		1,121	241	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		13	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	16,402		11,384	0
25	Contributions, gifts, grants paid........	12,500			12,500
26	Total expenses and disbursements. Add lines 24 and 25	28,902		11,384	12,500
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	21,475
b	Net investment income (if negative, enter -0-)			38,993
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	14,362	41,474	41,474
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	96,065	100,021	100,260
	b	Investments—corporate stock (attach schedule)........	368,759	359,168	433,153
	c	Investments—corporate bonds (attach schedule)........	105,643	105,604	110,245
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	584,829	606,267	685,132
	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 )	917	880
	23	Total liabilities (add lines 17 through 22)..........	917	880
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	583,912	605,387
	30	Total net assets or fund balances (see instructions)......	583,912	605,387
	31	Total liabilities and net assets/fund balances (see instructions)..	584,829	606,267

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	583,912
2	Enter amount from Part I, line 27a.....................	2	21,475
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	605,387
5	Decreases not included in line 2 (itemize)	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	605,387

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	1000 ACE INA HOLDINGS NOTES CPN 5.705	P	2010-12-13	2015-06-15
b	1000 AMERICAN EXPRESS SENIOR NOTES CPN 6.15%	P	2011-05-27	2015-10-13
c	1000 AT & T INC CPN 6.55%	P	2010-07-29	2015-10-07
d	2000 DIRECT TV HLDG/FIN INC CPN 3.8 %	P	2013-05-01	2015-10-07
e	2000 FEDERAL NATL MTG ASSN NOTES CPN 2.375%	P	2010-08-05	2014-12-03
	1000 FEDERAL NATL MTG ASSN NOTES CPN 2.375%	P	2010-08-05	2015-04-24
	2000 FEDERAL NATL MTG ASSN NOTES CPN 2.375%	P	2010-09-20	2015-04-24
	6000 FEDERAL HOME LN MTG CORP MEDIUM TERM NOTE CPN 3.75%	P	2010-09-17	2015-05-21
	6000 FEDERAL NATL MTG ASSN NOTES CPN 1.5%	P	2010-09-17	2015-10-28
	6000 FEDERAL HOME LN MTG CORP NOTE CPN 2.5 %	P	2011-04-08	2015-08-26
	1000 FORD MOTOR CO CPN 4.75%	P	2013-02-07	2015-11-05
	1000 GOLDMAN SACHS GROUP NOTES CPN 2.9%	P	2013-10-22	2015-06-02
	1000 ORACLE CORP NOTES CPN 5.75%	P	2013-11-13	2015-04-29
	1000 US TREASURY NOTES CPN 2.5%	P	2014-08-21	2015-02-10
	2000 US TREASURY NOTES CPN 2.5%	P	2014-08-21	2015-06-17
	1000 US TREASURY NOTES CPN 2.5%	P	2014-08-21	2015-06-23
	1000 US TREASURY VARIABLE RATE NOTES	P	2014-03-05	2014-12-01
	1000 US TREASURY VARIABLE RATE NOTES	P	2014-04-08	2014-12-01
	2000 US TREASURY VARIABLE RATE NOTES	P	2014-05-15	2014-12-01
	5000 US TREASURY NOTES CPN 0.250%	P	2014-06-20	2014-12-03
	5000 US TREASURY VARIABLE NOTES	P	2014-06-20	2015-11-10
	1000 US TREASURY BONDS CPN 0.625%	P	2014-01-14	2015-08-18
	6 ABBOTT LABORATORIES	P	2010-07-23	2014-12-12
	8 ABBOTT LABORATORIES	P	2010-07-23	2015-07-07
	11 ABBVIE INC	P	2010-07-23	2014-12-12
	3 AIR PRODUCTS & CHEMICALS INC	P	2010-10-26	2015-07-07
	21 ALTRIA GROUP INC.	P	2010-07-23	2014-12-12
	3 ALTRIA GROUP INC.	P	2010-07-23	2015-07-13
	17 APPLE INC.	P	2010-07-23	2014-12-05
	2 APPLE INC.	P	2010-07-23	2015-07-07
	10 AUTOMATIC DATA PROCESSING	P	2010-07-23	2015-08-31
	11 CATERPILLAR INC.	P	2011-05-25	2015-08-31
	7 CATERPILLAR INC.	P	2012-08-23	2015-08-31
	6 CDK GLOBAL HOLDINGS LLC	P	2010-07-23	2015-02-05
	47 COCA-COLA COMPANY	P	2010-07-23	2015-01-12
	7 COMCAST CORP NEW CL	P	2013-02-19	2015-07-07
	6 CONOCOPHILLIPS	P	2010-07-23	2015-06-09
	5 DISNEY WALT COMPANY	P	2010-07-23	2015-07-07
	3 EXXON MOBIL CORP	P	2010-07-23	2015-06-09
	28 GENERAL ELECTRIC COMPANY	P	2010-07-23	2015-01-12
	33 GENERAL ELECTRIC COMPANY	P	2010-07-23	2015-02-25
	1 GENERAL ELECTRIC COMPANY	P	2012-08-23	2015-02-25
	6 GILEAD SCIENCES INC	P	2014-02-07	2015-07-07
	20 INTEL CORP	P	2010-07-23	2015-08-31
	15 INTEL CORP	P	2012-08-23	2015-08-31
	29 INTEL CORP	P	2013-01-30	2015-08-31
	1 INTERCONTINENTALEXCHANGE	P	2013-01-30	2015-07-07
	11 INTERNATIONAL BUSINESS MACHINE CORP	P	2010-07-23	2015-08-31
	18 JOHNSON & JOHNSON	P	2010-07-23	2015-01-12
	6 JOHNSON & JOHNSON	P	2010-07-23	2015-02-25
	23 JOHNSON & JOHNSON	P	2010-07-23	2015-08-31
	1 JOHNSON & JOHNSON	P	2012-08-23	2015-08-31
	1 JOHNSON & JOHNSON	P	2014-01-06	2015-08-31
	11 KRAFT FOODS INC CL A	P	2010-10-22	2015-01-12
	12 MCDONALDS CORP.	P	2010-07-23	2015-01-12
	21 MERCK & CO INC	P	2010-07-23	2015-01-12
	13 MERCK & CO INC	P	2010-07-23	2015-02-25
	31 MONDELEZ INTL INC	P	2012-10-05	2015-01-12
	8 NEWS CORP INC CL A	P	2010-07-23	2015-06-09
	15 NEWS CORP INC CL A	P	2013-08-07	2015-06-09
	12 OCCIDENTAL PETE CORP	P	2010-07-23	2015-06-09
	5 PEPSICO INCORPORATED	P	2010-07-23	2014-12-12
	3 PHILIP MORRIS INTERNATIONAL INC.	P	2010-07-23	2015-06-09
	11 PHILIP 66	P	2012-05-31	2015-08-31
	6 PROCTER & GAMBLE CO.	P	2010-07-23	2014-12-12
	3 PROCTER & GAMBLE CO.	P	2010-07-23	2015-06-09
	20 PROCTER & GAMBLE CO.	P	2010-07-23	2015-08-31
	6 TARGET CORPORATION	P	2010-07-23	2014-12-12
	1 TARGET CORPORATION	P	2011-02-28	2014-12-12
	4 TARGET CORPORATION	P	2011-02-28	2015-07-13
	12 TEXAS INSTRUMENTS INC.	P	2010-07-23	2014-12-12
	6 TIME WARNER CABLE	P	2011-09-01	2015-06-09
	7 TOTAL S.A. SPONS ADR	P	2010-07-23	2015-02-25
	0 UNION PACIFIC CORP	P	2014-01-30	2014-12-12
	3 UNITED TECHNOLOGIES CORP	P	2010-07-23	2015-07-07
	26 WAL-MART STORES INC.	P	2010-07-23	2015-07-23
	6 WAL-MART STORES INC.	P	2010-07-23	2015-08-31
	4 WAL-MART STORES INC.	P	2013-01-30	2015-08-31
	1 WAL-MART STORES INC.	P	2014-01-06	2015-08-31
	11 WALGREEN COMPANY	P	2010-07-23	2015-07-13
	3 ABBVIE INC	P	2014-08-04	2014-12-22
	2 ABBVIE INC	P	2014-08-04	2005-07-07
	6 AMERICAN WATER WORKS CO. INC	P	2010-07-22	2014-12-08
	56 AMERICAN WATER WORKS CO. INC	P	2010-07-22	2015-01-14
	29 AMERICAN WATER WORKS CO. INC	P	2010-07-22	2015-10-23
	5 ARES CAPITAL CORP	P	2014-06-19	2014-12-08
	6 AT & T INC.	P	2010-07-22	2014-12-22
	2 BANK MONTREAL QUEBEC	P	2010-07-22	2014-12-22
	3 BAXTER INTERNATIONAL INC	P	2012-07-27	2014-12-22
	44 BAXTER INTERNATIONAL INC	P	2012-07-27	2015-06-18
	2 BCE INC.	P	2010-07-22	2014-12-22
	6 CISCO SYSTEMS INC	P	2013-05-16	2014-12-22
	8 CISCO SYSTEMS INC	P	2013-05-16	2015-07-07
	4 CME GROUP INC	P	2012-02-08	2014-12-22
	28 CME GROUP INC	P	2012-02-08	2015-01-13
	14 CME GROUP INC	P	2012-02-08	2015-04-07
	16 CME GROUP INC	P	2013-11-20	2015-04-07
	3 COACH INC	P	2013-11-20	2015-07-07
	3 COVANTA HOLDING CORP	P	2014-10-15	2014-12-22
	35 DARDEN RESTAURANTS	P	2014-02-24	2014-12-18
	3 DIGITAL REALTY TRUST INC.	P	2010-07-22	2014-12-22
	3 DOMTAR CORP	P	2010-07-22	2015-07-07
	2 EATON CORP PLC	P	2014-06-19	2014-12-22
	2 EATON CORP PLC	P	2014-06-19	2015-07-07
	47 ENSCO PLC CLASS A	P	2013-05-16	2015-01-27
	3 GAMESTOP CORP	P	2013-05-16	2015-07-07
	22 GENERAL ELECTRIC COMPANY	P	2011-11-29	2014-12-22
	21 GENERAL ELECTRIC COMPANY	P	2011-11-29	2015-01-13
	7 GENERAL ELECTRIC COMPANY	P	2011-11-29	2015-07-07
	8 GLAXOSMITHKLINE PLC_ADR	P	2010-08-17	2014-12-22
	2 GOLAR LNG LTD	P	2013-08-27	2014-12-22
	4 GOLAR LNG LTD	P	2013-08-27	2015-07-07
	34 GOLAR LNG LTD	P	2013-08-27	2015-09-04
	3 GOLAR LNG LTD	P	2013-08-27	2015-09-04
	6 HCP INC.	P	2010-07-22	2014-12-08
	3 HCP INC.	P	2010-07-22	2015-07-07
	9 HOSPITALITY PROPERTIES REIT TRUST	P	2011-06-21	2014-12-08
	6 HOST HOTELS & RESORTS	P	2011-10-14	2014-12-22
	50 INTEL CORP.	P	2010-07-22	2014-12-10
	70 INTEL CORP.	P	2013-04-23	2014-12-22
	51 INTEL CORP.	P	2013-04-23	2015-03-12
	21 INTEL CORP.	P	2013-05-09	2015-03-12
	3 JOHNSON & JOHNSON	P	2010-07-22	2014-12-22
	9 KINDER MORGAN INC DEL	P	2013-12-27	2014-12-22
	9 KINDER MORGAN INC DEL	P	2013-12-27	2015-07-07
	3 LAMAR ADVERTISING CO	P	2014-08-19	2014-12-22
	4 LAMAR ADVERTISING CO	P	2014-08-19	2015-07-07
	34 LINN CO LLC	P	2012-12-19	2014-12-10
	42 LINN CO LLC	P	2012-12-21	2014-12-10
	2 LINN CO LLC	P	2013-09-18	2014-12-10
	25 LINN CO LLC	P	2014-01-23	2014-12-10
	2 LYONDELLBASELL	P	2014-11-13	2014-12-22
	18 LYONDELLBASELL	P	2014-11-13	2015-05-05
	2 LYONDELLBASELL	P	2014-11-13	2015-07-07
	8 MAXIM INTERGRATED PRODS INC.	P	2010-11-04	2014-12-22
	46 MAXIM INTERGRATED PRODS INC.	P	2010-11-04	2015-10-21
	4 MERCK & CO INC.	P	2010-07-22	2014-12-08
	1 MERCK & CO INC.	P	2010-07-22	2015-07-07
	4 MERCK & CO INC.	P	2013-03-20	2015-07-07
	4 MICROCHIP TECHNOLOGY INC.	P	2010-07-22	2014-12-22
	7 MICROSOFT CORP	P	2014-01-17	2014-12-22
	6 NISOURCE INC.	P	2010-07-22	2014-12-22
	0 NISOURCE INC.	P	2010-07-22	2015-07-16
	0 NISOURCE INC.	P	2011-07-25	2015-07-16
	3 NOVARTIS AG	P	2014-01-10	2014-12-22
	2 OMEGA HEALTHCARE REIT INVESTORS INC	P	2012-11-16	2014-12-08
	3 OMEGA HEALTHCARE REIT INVESTORS INC	P	2012-11-16	2015-07-07
	4 ONEOK INC.	P	2010-07-22	2014-12-22
	7 ONEOK INC.	P	2010-07-22	2015-07-07
	5 PFIZER INCORPORATED	P	2010-07-22	2014-12-22
	3 PFIZER INCORPORATED	P	2010-07-22	2015-07-07
	4 PROVIDENT ENERGY LTD	P	2011-05-04	2014-12-08
	4 PROVIDENT ENERGY LTD	P	2011-05-04	2015-07-07
	6 PEOPLE'S UNITED FINANCL	P	2013-05-21	2014-12-08
	5 SEAGATE TECHNOLOGY PLC	P	2014-04-29	2014-12-22
	4 SEAGATE TECHNOLOGY PLC	P	2014-04-29	2015-07-07
	4 SENIOR HOUSING PROP TR REINT	P	2012-06-30	2014-12-08
	21 SPECTRA ENERGY CORP.	P	2010-07-22	2015-07-07
	5 VENTAS INC	P	2013-12-10	2014-12-08
	0 VENTAS INC	P	2013-12-10	2015-11-30
	3 VERIZON COMMUNICATIONS	P	2014-02-24	2014-12-08
	4 VODAFONE GROUP PLC	P	2010-12-14	2014-12-08
	3 VODAFONE GROUP PLC	P	2010-12-14	2015-07-07
	10 WEYERHAUSER CO INC	P	2014-08-20	2014-12-22
	7 WEYERHAUSER CO INC	P	2014-08-20	2015-07-07
	12 WILLIAMS COMPANIES INC	P	2011-03-10	2014-12-22
	8 WILLIAMS COMPANIES INC	P	2011-03-10	2015-07-07
	2 AEGON N V 6.375% PFD CUM PERPETUAL	P	2010-07-23	2015-07-07
	8 AEGON N V 6.375% PFD CUM PERPETUAL	P	2010-07-23	2015-08-31
	1 AEGON N V 6.375% PFD CUM PERPETUAL	P	2010-11-02	2015-08-31
	6 AEGON N V 6.375% PFD CUM PERPETUAL	P	2010-11-02	2015-09-22
	1 AEGON N V FLOATING RAT CUM PERPETUAL	P	2010-07-23	2015-07-07
	4 AEGON 8% PFD	P	2012-03-20	2015-01-30
	1 AEGON 8% PFD	P	2012-04-13	2015-01-30
	1 AEGON 8% PFD	P	2012-04-13	2015-07-07
	2 AEGON 8% PFD	P	2012-04-13	2015-08-31
	4 AEGON 8% PFD	P	2012-04-18	2015-08-31
	1 ALEXANDRIA REAL 6.45% PFD	P	2012-03-15	2015-07-07
	1 ALLSTATE 6.625% PFD	P	2014-03-13	2015-07-07
	1 ARCH CAP GRP 6.75% PFD	P	2012-03-27	2015-07-07
	1 AXIS CAP HLDG 6.875% PFD	P	2012-03-13	2015-07-07
	1 AXIS CAPITAL 5.5% PFD	P	2013-05-29	2015-07-07
	5 BANK AMERICA CORP 6.204% SERIES D PFD	P	2010-09-30	2015-02-19
	1 BANK AMERICA CORP 6.204% SERIES D PFD	P	2010-09-30	2015-07-07
	2 BANK NEW YORK 5.2% PFD MELLON	P	2012-10-19	2015-07-07
	2 BANK OF AMERICA 6.625%	P	2014-09-10	2015-07-07
	2 BANK OF AMERICA 6.5% PFD	P	2014-09-10	2015-07-07
	7 BARCLAY BANK PLC 6.625% NON CUM PERPETUAL PFD	P	2010-07-23	2015-02-27
	1 BARCLAY BANK PLC 6.625% NON CUM PERPETUAL PFD	P	2010-07-23	2015-07-07
	7 BARCLAY BANK PLC 6.625% NON CUM PERPETUAL PFD	P	2010-07-23	2015-08-31
	6 BARCLAY BANK PLC 6.625% NON CUM PERPETUAL PFD	P	2010-07-23	2015-09-22
	2 BB&T CORP 5.625% PFD	P	2012-08-13	2015-07-07
	1 CAPITAL ONE FIN 6.7% PFD	P	2014-11-05	2015-07-07
	2 CAPITAL ONE FINL 6% PFD	P	2012-09-18	2015-07-07
	1 CHARLES SCHWAB 6% PFD 1/40TH-B	P	2012-05-30	2015-07-07
	6 CHARLES SCHWAB 6% PFD 1/40TH-B	P	2012-05-30	2015-08-31
	1 CITIGROUP CAP TR XIII 7.875% FIXED TO FLT	P	2012-03-21	2015-04-20
	9 CITIGROUP CAP TR XIII 7.875% FIXED TO FLT	P	2012-04-04	2015-04-22
	8 CITIGROUP CAP TR XIII 7.875% FIXED TO FLT	P	2012-07-18	2015-04-22
	1 CITIGROUP INC VAR PFD	P	2014-09-24	2015-07-07
	1 CITIGROUP INC 6.875 % PFD MTY SERIES	P	2014-09-24	2015-07-07
	3 CITIGROUP INC 5.8% PFD	P	2013-04-25	2015-01-13
	5 CITIGROUP INC 5.8% PFD	P	2013-06-26	2015-01-13
	2 DB CONT CAP TR 6.55% CUMULATIVE PERP PFD	P	2010-07-23	2015-07-07
	9 DEUTSCHE BANK 6.375% PERP NON CUM CAP VIII	P	2010-07-23	2015-04-20
	1 DIGITAL RLTY TR 7.375%	P	2014-04-23	2015-07-07
	1 DIGITAL REALTY 7% E PFD CALLABLE	P	2011-09-09	2015-07-07
	10 FIRST NIAGARA 8.625% PFD FINCL	P	2012-12-13	2014-12-23
	9 FIRST NIAGARA 8.625% PFD FINCL	P	2012-12-19	2014-12-23
	1 GE CAP CORP 4.875% PFD	P	2012-10-05	2015-07-07
	1 GE CAP CORP 4.875% PFD	P	2013-02-01	2015-07-07
	1 GE CAP CORP 4.7% PFD	P	2013-05-21	2015-07-07
	4 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2010-11-22	2015-02-27
	3 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2010-12-24	2015-02-27
	4 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2010-12-24	2015-04-30
	3 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2011-01-07	2015-04-30
	5 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2011-01-07	2015-05-05
	1 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2011-01-07	2015-07-07
	3 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2011-01-07	2015-08-31
	6 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2011-02-18	2015-08-31
	3 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2011-02-18	2015-10-05
	3 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2011-03-22	2015-10-05
	7 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2011-03-22	2015-11-02
	3 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2012-02-16	2015-11-02
	5 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2012-02-17	2015-11-02
	11 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2012-03-01	2015-11-02
	1 GOLDMAN SACHS 6.125% PFD SR NOTE	P	2014-03-27	2015-11-02
	6 GOLDMAN SACHS 6.5% PFD SR NOTE	P	2011-11-09	2015-05-05
	1 GOLDMAN SACHS 6.5% PFD SR NOTE	P	2011-11-09	2015-07-07
	5 GOLDMAN SACHS 6.5% PFD SR NOTE	P	2011-11-11	2015-10-30
	5 GOLDMAN SACHS 6.5% PFD SR NOTE	P	2011-11-11	2015-11-02
	9 GOLDMAN SACHS 6.5% PFD SR NOTE	P	2011-11-18	2015-11-13
	2 GOLDMAN SACHS 6.5% PFD SR NOTE	P	2012-12-16	2015-11-13
	1 GOLDMAN SACHS 6.375 % PFD	P	2014-05-01	2015-07-07
	1 GOLDMAN SACHS GRP 4% INC PRD	P	2014-03-10	2015-11-30
	1 HOSPITALITY 7.125% PFD	P	2012-01-13	2015-07-07
	7 HSBC HOLDINGS 8% PFD NON CUM SUR CAP SEC	P	2013-04-26	2015-09-22
	9 HSBC HOLDINGS 8% PFD NON CUM SUR CAP SEC	P	2013-04-26	2015-10-05
	3 ING GROUP N V 6.125%CUM PERPETUAL DENT SECS	P	2011-04-06	2015-02-24
	2 ING GROUP N V 6.125%CUM PERPETUAL DENT SECS	P	2011-04-07	2015-02-24
	1 ING GROUP NV 6.375% CUM HYBRID CAP SEC	P	2011-06-10	2015-02-04
	14 ING GROUP NV 6.375% CUM HYBRID CAP SEC	P	2012-02-10	2015-02-18
	8 ING GROUP NV 6.375% CUM HYBRID CAP SEC	P	2012-03-21	2015-10-30
	3 INTEGRYS ENERGY 6% PFD	P	2013-08-20	2015-07-07
	1 JP MORGAN 6.125%	P	2013-08-20	2015-07-07
	1 JP MORGAN CHASE & CO PFD 6.3%	P	2014-07-01	2015-07-07
	1 JP MORGAN CHASE 5.5% PFD	P	2012-10-17	2015-04-02
	9 JP MORGAN CHASE 5.5% PFD	P	2012-10-19	2015-04-02
	1 JP MORGAN CHASE 5.5% PFD	P	2012-10-19	2015-07-07
	9 JP MORGAN CHASE 5.45% PFD	P	2013-03-05	2015-07-07
	1 KIMCO REALTY CORP 6.90% PFD PERPETUAL/CUMULATIVE	P	2010-08-31	2015-11-25
	9 KIMCO REALTY CORP 6.90% PFD PERPETUAL/CUMULATIVE	P	2010-09-03	2015-11-25
	10 KIMCO REALTY CORP 6.90% PFD PERPETUAL/CUMULATIVE	P	2010-10-27	2015-11-25
	1 KIMCO REALTY 5.5% PFD	P	2012-08-21	2015-07-07
	1 KIMCO REALTY 6% PFD	P	2012-03-09	2015-07-07
	11 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2011-10-03	2015-02-04
	6 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2011-10-12	2015-02-24
	4 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2011-10-12	2015-04-29
	3 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2011-11-21	2015-04-29
	7 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2011-11-21	2015-07-15
	6 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2012-02-10	2015-07-15
	9 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2012-02-24	2015-07-15
	10 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2012-03-20	2015-07-15
	1 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2012-03-27	2015-07-15
	4 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2012-03-28	2015-07-15
	11 LLOYDS BKG GRP PLC 7.75% PREFERRED -SR NOTE	P	2012-06-27	2015-07-15
	3 MERRILL LYNCH 6.45% CAP TR	P	2010-07-23	2014-12-02
	6 MERRILL LYNCH 6.45% CAP TR	P	2010-09-21	2014-12-02
	3 MERRILL LYNCH 6.45% CAP TR	P	2010-09-21	2015-02-04
	9 MERRILL LYNCH 6.45% CAP TR	P	2010-10-05	2015-02-06
	14 MERRILL LYNCH 6.45% CAP TR	P	2013-06-11	2015-02-12
	5 MERRILL LYNCH 6.45% PFD CAP TR II	P	2010-07-23	2015-01-28
	4 MERRILL LYNCH 6.45% PFD CAP TR II	P	2010-09-29	2015-01-28
	6 MERRILL LYNCH 6.45% PFD CAP TR II	P	2010-09-29	2015-02-06
	11 MERRILL LYNCH 6.45% PFD CAP TR II	P	2013-03-06	2015-02-06
	3 MERRILL LYNCH 6.45% PFD CAP TR II	P	2013-03-07	2015-02-12
	10 MERRILL LYNCH 6.45% PFD CAP TR II	P	2013-06-11	2015-02-18
	18 MORGAN STANLEY 5.75% CAP TR V	P	2010-07-23	2015-02-18
	10 MORGAN STANLEY 6.25 % TR PFD CAP III	P	2010-07-23	2014-12-03
	1 MORGAN STANLEY 6.25 % TR PFD CAP III	P	2010-07-23	2015-01-21
	10 MORGAN STANLEY 6.25 % TR PFD CAP III	P	2010-09-21	2015-01-21
	2 MORGAN STANLEY 6.625%	P	2014-05-02	2015-07-07
	1 MORGAN STANLEY 6.875%	P	2014-02-19	2015-07-07
	1 MORGAN STANLEY 7.125%	P	2013-10-04	2015-07-07
	1 NATIONAL RETAIL 6.625% PFD	P	2012-02-15	2015-07-07
	4 PARTNER RE 6.50% SER D PERPETUAL PFD	P	2010-07-23	2014-12-09
	1 PARTNER RE 6.50% SER D PERPETUAL PFD	P	2010-07-23	2015-07-07
	4 PARTNER RE 6.50% SER D PERPETUAL PFD	P	2010-07-23	2015-11-18
	2 PARTNER RE 6.50% SER D PERPETUAL PFD	P	2013-08-20	2015-11-18
	7 PARTNERRE LTD 5.875% PFD	P	2013-02-19	2015-11-18
	5 PARTNERRE LTD 7.25% PFD	P	2011-06-10	2015-11-18
	3 PNC FINANCIAL 6.125% PFD	P	2012-06-25	2015-07-07
	131 PRINCIPAL FDS INC CAPITAL SECURITIES FD CLS	P	2014-03-26	2015-07-07
	1 PS BUSINESS PARKS 6% PERPETUAL	P	2012-05-03	2015-07-07
	1 PS BUSINESS PK 6.45% PFD	P	2012-01-10	2015-07-07
	1 PUBLIC STORAGE 5.75% PFD	P	2012-03-06	2015-07-07
	1 PUBLIC STORAGE 5.9% PFD	P	2012-01-05	2015-07-07
	1 PUBLIC STORAGE 5.625% PFD	P	2012-06-07	2015-07-07
	1 PUBLIC STORAGE 5.375% PFD DEP	P	2012-09-12	2015-07-07
	1 PUBLIC STORAGE 6.35% PFD	P	2011-07-20	2015-07-07
	1 QWEST CORP 7% PFD SENIOR	P	2012-03-22	2015-11-30
	1 REALTY INCOME 6.625% PFD	P	2012-01-31	2015-07-07
	1 REGENCY CENTERS CORP PFD 6.625%	P	2012-02-18	2015-07-07
	1 RENAISSANCE RE 5.375% PFD	P	2013-06-05	2015-07-07
	1 ROYAL BK SCOTLAND 6.4%	P	2012-07-16	2015-07-07
	4 ROYAL BK SCOTLAND 6.4%	P	2012-07-16	2015-09-01
	13 ROYAL BK SCOTLAND 6.4%	P	2012-07-18	2015-09-01
	2 ROYAL BK SCOTLAND 5.75 SER NON CUM PFD	P	2011-09-23	2015-07-07
	1 STANLEY BLCK&DCKR 5.75 PFD JR	P	2012-07-19	2015-07-07
	2 STATE STREET CRP 6% PFD	P	2012-07-19	2015-07-07
	1 STATE STREET CRP 5.25% PFD	P	2013-06-06	2015-07-07
	1 STATE STREET CRP 5.9% PFD	P	2014-03-10	2015-07-07
	1 TCF FINANCIAL CRP 7.5 % PFD	P	2012-07-11	2015-07-07
	6 TELEPHONE DATA 6.875% PFD SYS SR	P	2010-11-18	2014-12-04
	4 TELEPHONE DATA 6.875% PFD SYS SR	P	2010-11-18	2015-01-21
	4 TELEPHONE DATA 7% PFD SR	P	2011-03-22	2015-02-06
	1 UBS PREF FUNDING TR IV PERPETUAL	P	2010-07-23	2015-07-07
	1 US BANCORP PFD	P	2012-06-25	2015-07-07
	1 VERIZON COMMUNICATNS PFD 5.9% SR	P	2014-03-13	2015-07-07
	1 VORNADO REALTY 5.7% PFD	P	2012-07-12	2015-07-07
	6 WEINGARTEN RLTY 6.50% CUM PERPETUAL PFD SER F	P	2010-07-23	2015-05-08
	2 WELLS FARGO 5.85% PFD	P	2013-07-24	2015-07-07
	8 ACTUANT CORP-CL A	P	2013-08-12	2014-12-15
	50 ACTUANT CORP-CL A	P	2013-08-12	2015-09-03
	13 ACTUANT CORP-CL A	P	2014-04-03	2015-09-03
	4 ADVENT SOFTWARE INC	P	2014-03-10	2014-12-15
	55 ADVENT SOFTWARE INC	P	2014-03-10	2015-02-10
	8 AMERICAN AXLE & MFG HLDGS INC	P	2013-08-12	2014-12-15
	19 AMTRUST FINANCIAL SERVICES INC	P	2013-08-12	2014-12-09
	10 AMTRUST FINANCIAL SERVICES INC	P	2013-08-12	2015-07-31
	23 ATWOOD OCEANICS INC	P	2013-08-12	2014-12-09
	3 B/E AEROSPACE INC	P	2013-08-12	2014-12-15
	4 BALCHEM CORP CLASS B	P	2013-08-12	2014-12-15
	14 BANK OF THE OZARKS INC	P	2013-08-12	2014-12-15
	15 BANK OF THE OZARKS INC	P	2013-08-12	2015-05-29
	3 BANK OF THE OZARKS INC	P	2013-08-12	2015-09-04
	15 BANK OF THE OZARKS INC	P	2013-08-12	2015-11-12
	4 BIO REFERENCE LABS INC	P	2013-08-12	2014-12-15
	52 BIO REFERENCE LABS INC	P	2013-08-12	2015-06-08
	1 BOSTON BEER INC	P	2013-08-12	2014-12-15
	3 COLFAX CORP	P	2013-08-12	2014-12-15
	3 CORVEL CORP	P	2014-03-13	2014-12-15
	2 CREDIT ACCEPTANCE CORP MICHIGAN	P	2013-08-12	2014-12-15
	2 CREDIT ACCEPTANCE CORP MICHIGAN	P	2013-08-12	2015-07-10
	6 DORMAN PRODUCTS INC	P	2013-08-12	2014-12-15
	3 DREW INDUSTRIES INC NEW	P	2014-09-17	2014-12-15
	2 DREW INDUSTRIES INC NEW	P	2014-09-17	2015-09-04
	9 EAGLE BANCORP INC MD	P	2013-08-12	2014-12-15
	5 ENCORE CAPITAL GROUP INC	P	2013-08-12	2014-12-15
	31 ENCORE CAPITAL GROUP INC	P	2013-08-12	2015-05-14
	5 ENERSYS INC	P	2013-08-12	2014-12-15
	2 ESTERLINE TECHNOLOGIES CORP	P	2013-08-12	2014-12-15
	2 FIRSTSERVICE CORP SUB VTG SH	P	2013-08-12	2014-12-15
	1 GENESEE & WYOMING INC	P	2013-08-12	2014-12-15
	6 HEICO CORP NEW	P	2013-08-12	2014-12-15
	7 HOME BANCSHARES INC CONWAY A	P	2013-08-12	2014-12-15
	3 HOME BANCSHARES INC CONWAY A	P	2013-08-12	2015-09-04
	4 HSN INC	P	2013-08-12	2014-12-15
	3 LITHIA MTRS INC	P	2014-06-16	2014-12-15
	5 MADISON SQUARE GARDEN CO CLASS A	P	2013-08-12	2014-12-15
	3 MADISON SQUARE GARDEN CO CLASS A	P	2013-08-12	2015-09-04
	7 MANHATTAN ASSOCIATES INC	P	2013-08-12	2014-12-15
	6 MANHATTAN ASSOCIATES INC	P	2013-08-12	2015-09-28
	9 MANHATTAN ASSOCIATES INC	P	2013-08-12	2015-10-27
	5 MONRO MUFFLER BRAKE INC	P	2014-06-16	2014-12-15
	2 MWI VETERINARY SUPPLY INC	P	2013-08-12	2014-12-15
	16 MWI VETERINARY SUPPLY INC	P	2013-08-12	2015-01-20
	5 MWI VETERINARY SUPPLY INC	P	2014-03-06	2015-01-20
	16 NATIONAL GENERAL HOLDINGS CORP	P	2014-06-16	2014-12-15
	2 NEEHAN PAPER INC	P	2014-09-19	2014-12-15
	6 NEOGEN CORP	P	2013-08-12	2014-12-15
	2 NEOGEN CORP	P	2013-08-12	2015-09-04
	2 OIL STATES INTL INC	P	2013-08-12	2014-12-15
	5 OPEN TEXT CORP	P	2013-08-12	2014-12-15
	4 OSI SYS INC	P	2013-08-12	2014-12-15
	2 OSI SYS INC	P	2013-08-12	2015-09-04
	4 PAREXEL INTL CORP	P	2013-08-12	2014-12-15
	3 PAREXEL INTL CORP	P	2013-08-12	2015-09-04
	9 PRA GRP INC	P	2013-08-12	2014-12-15
	3 PRA GRP INC	P	2013-08-12	2015-09-04
	6 RLI CORP	P	2013-08-12	2014-12-15
	9 RLI CORP	P	2013-08-12	2015-06-29
	2 RLI CORP	P	2013-08-12	2015-09-04
	2 TREEHOUSE FOODS INC	P	2013-08-12	2014-12-15
	1 TYLER TECHNOLOGIES INC	P	2013-08-12	2014-12-15
	1 TYLER TECHNOLOGIES INC	P	2013-08-12	2015-09-04
	9 VIEWPOINT FINL GROUP INC	P	2013-08-12	2014-12-15
	4 VIEWPOINT FINL GROUP INC	P	2013-08-12	2015-09-04
	10 WESCO AIRCRAFT HOLDINGS INC	P	2014-03-05	2014-12-15
	2 WEX INC	P	2013-08-12	2014-12-15
	4 WOLVERINE WORLD WIDE INC	P	2013-08-12	2014-12-15
	48 WOLVERINE WORLD WIDE INC	P	2013-08-12	2015-10-09
	2 WORLD ACCEP CORP S C NEW	P	2013-08-12	2014-12-15
	9 WORLD ACCEP CORP S C NEW	P	2013-08-12	2015-06-29
	7 WORLD ACCEP CORP S C NEW	P	2013-08-12	2015-06-29
	9 WORLD ACCEP CORP S C NEW	P	2013-08-12	2015-06-29
	4 WORLD FUEL SERVICE CORP	P	2013-08-12	2014-12-15

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,074	1,102	-28
b	1,084	1,154	-70
c	1,150	1,136	14
d	2,030	2,113	-83
e	2,029	2,056	-27
	1,005	1,028	-23
	2,010	2,064	-54
	6,530	6,415	115
	6,012	5,951	61
	6,095	5,994	101
	965	943	22
	1,026	1,020	6
	1,125	1,167	-42
	1,045	1,008	37
	2,030	2,015	15
	1,012	1,058	-46
	1,000	1,000	0
	1,000	1,000	0
	2,000	2,000	0
	5,004	5,003	1
	5,000	4,998	2
	924	841	83
	263	141	122
	401	187	214
	721	279	442
	411	257	154
	1,047	463	584
	154	66	88
	1,958	631	1,327
	251	74	177
	774	366	408
	843	1,136	-293
	536	613	-77
	286	95	191
	2,002	1,284	718
	438	290	148
	380	248	132
	584	170	414
	254	179	75
	671	441	230
	847	520	327
	26	21	5
	690	470	220
	574	433	141
	430	377	53
	832	621	211
	227	237	-10
	1,628	1,413	215
	1,881	1,036	845
	603	345	258
	2,161	1,323	838
	94	68	26
	94	92	2
	699	369	330
	1,116	839	277
	1,308	732	576
	757	453	304
	1,141	641	500
	117	49	68
	219	240	-21
	931	982	-51
	475	322	153
	242	151	91
	872	270	602
	539	371	168
	237	185	52
	1,415	1,236	179
	435	310	125
	73	52	21
	338	209	129
	641	304	337
	1,075	394	681
	374	345	29
	452	352	100
	330	213	117
	1,884	1,345	539
	389	310	79
	259	280	-21
	65	78	-13
	1,041	331	710
	206	160	46
	137	107	30
	316	129	187
	3,035	1,200	1,835
	1,673	621	1,052
	80	86	-6
	203	154	49
	139	117	22
	223	180	43
	3,044	2,634	410
	92	61	31
	169	144	25
	219	192	27
	362	228	134
	2,449	1,594	855
	1,271	797	474
	1,453	1,310	143
	103	114	-11
	64	63	1
	2,013	1,787	226
	204	184	20
	125	126	-1
	137	153	-16
	133	153	-20
	1,358	2,909	-1,551
	137	123	14
	564	329	235
	500	314	186
	185	105	80
	360	306	54
	69	78	-9
	173	155	18
	1,313	1,321	-8
	116	116	0
	268	198	70
	114	99	15
	283	217	66
	145	126	19
	1,831	1,086	745
	2,563	1,636	927
	1,571	1,192	379
	647	513	134
	323	171	152
	369	323	46
	339	323	16
	163	154	9
	232	206	26
	389	1,163	-774
	481	1,429	-948
	23	59	-36
	286	823	-537
	161	176	-15
	1,863	1,581	282
	195	176	19
	249	184	65
	1,818	1,056	762
	246	141	105
	58	35	23
	232	177	55
	182	102	80
	334	255	79
	249	98	151
	643	229	414
	2,398	1,107	1,291
	287	243	44
	76	43	33
	108	65	43
	196	80	116
	273	140	133
	160	74	86
	101	44	57
	137	87	50
	127	87	40
	89	85	4
	334	267	67
	191	214	-23
	90	87	3
	666	447	219
	360	291	69
	392	407	-15
	147	144	3
	143	108	35
	107	81	26
	362	341	21
	224	239	-15
	543	354	189
	454	236	218
	51	39	12
	201	154	47
	25	23	2
	151	138	13
	24	18	6
	113	103	10
	28	26	2
	28	26	2
	55	52	3
	110	106	4
	26	25	1
	26	25	1
	26	25	1
	26	25	1
	24	25	-1
	127	111	16
	25	22	3
	49	50	-1
	51	50	1
	51	50	1
	181	156	25
	26	22	4
	178	156	22
	153	134	19
	49	50	-1
	26	25	1
	50	50	0
	26	25	1
	150	148	2
	26	27	-1
	238	245	-7
	212	224	-12
	27	26	1
	27	25	2
	73	76	-3
	121	119	2
	52	44	8
	225	194	31
	27	25	2
	26	25	1
	271	252	19
	242	226	16
	25	25	0
	25	25	0
	24	25	-1
	103	95	8
	78	71	7
	102	95	7
	76	70	6
	127	117	10
	25	23	2
	76	70	6
	152	144	8
	76	72	4
	76	73	3
	175	169	6
	75	74	1
	125	124	1
	275	279	-4
	25	26	-1
	158	147	11
	26	25	1
	133	123	10
	133	123	10
	237	221	16
	53	49	4
	26	25	1
	25	24	1
	26	25	1
	179	200	-21
	230	257	-27
	76	64	12
	51	43	8
	26	22	4
	358	286	72
	205	175	30
	82	71	11
	25	25	0
	25	25	0
	25	25	0
	224	228	-4
	24	25	-1
	215	225	-10
	25	25	0
	225	224	1
	250	247	3
	24	24	0
	25	25	0
	285	273	12
	155	152	3
	102	101	1
	76	76	0
	175	177	-2
	150	155	-5
	225	233	-8
	250	263	-13
	25	26	-1
	100	106	-6
	275	288	-13
	77	65	12
	153	143	10
	76	71	5
	229	216	13
	357	353	4
	127	107	20
	102	96	6
	153	144	9
	281	279	2
	77	76	1
	256	253	3
	453	389	64
	252	235	17
	25	24	1
	255	239	16
	52	50	2
	28	26	2
	27	25	2
	26	25	1
	101	92	9
	26	23	3
	108	92	16
	54	47	7
	182	175	7
	141	124	17
	83	78	5
	1,302	1,310	-8
	25	25	0
	25	25	0
	25	25	0
	25	25	0
	25	25	0
	24	25	-1
	25	25	0
	26	25	1
	26	25	1
	26	25	1
	23	24	-1
	25	19	6
	100	76	24
	325	253	72
	48	31	17
	25	25	0
	50	50	0
	25	25	0
	26	25	1
	26	26	0
	149	149	0
	99	99	0
	101	99	2
	19	15	4
	28	28	0
	26	25	1
	24	25	-1
	150	135	15
	51	50	1
	230	291	-61
	992	1,819	-827
	258	459	-201
	118	128	-10
	2,412	1,757	655
	171	162	9
	1,069	741	328
	694	390	304
	659	1,337	-678
	222	220	2
	253	212	41
	495	334	161
	670	358	312
	121	72	49
	784	358	426
	111	107	4
	2,194	1,385	809
	278	212	66
	145	158	-13
	103	150	-47
	277	227	50
	506	227	279
	298	294	4
	143	140	3
	108	93	15
	313	229	84
	203	222	-19
	1,192	1,374	-182
	284	271	13
	204	164	40
	101	73	28
	84	87	-3
	323	290	33
	213	191	22
	112	82	30
	298	242	56
	250	263	-13
	359	304	55
	214	182	32
	287	158	129
	373	136	237
	657	204	453
	282	270	12
	329	301	28
	3,031	2,409	622
	947	832	115
	299	270	29
	113	114	-1
	276	231	45
	104	77	27
	86	106	-20
	283	171	112
	273	298	-25
	147	149	-2
	211	204	7
	192	153	39
	521	480	41
	154	160	-6
	268	244	24
	468	366	102
	105	81	24
	164	148	16
	109	76	33
	136	76	60
	194	191	3
	108	85	23
	135	222	-87
	190	176	14
	117	114	3
	1,018	1,372	-354
	151	171	-20
	558	768	-210
	434	598	-164
	558	682	-124
	185	151	34

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			-28
b			-70
c			14
d			-83
e			-27
			-23
			-54
			115
			61
			101
			22
			6
			-42
			37
			15
			-46
			0
			0
			0
			1
			2
			83
			122
			214
			442
			154
			584
			88
			1,327
			177
			408
			-293
			-77
			191
			718
			148
			132
			414
			75
			230
			327
			5
			220
			141
			53
			211
			-10
			215
			845
			258
			838
			26
			2
			330
			277
			576
			304
			500
			68
			-21
			-51
			153
			91
			602
			168
			52
			179
			125
			21
			129
			337
			681
			29
			100
			117
			539
			79
			-21
			-13
			710
			46
			30
			187
			1,835
			1,052
			-6
			49
			22
			43
			410
			31
			25
			27
			134
			855
			474
			143
			-11
			1
			226
			20
			-1
			-16
			-20
			-1,551
			14
			235
			186
			80
			54
			-9
			18
			-8
			0
			70
			15
			66
			19
			745
			927
			379
			134
			152
			46
			16
			9
			26
			-774
			-948
			-36
			-537
			-15
			282
			19
			65
			762
			105
			23
			55
			80
			79
			151
			414
			1,291
			44
			33
			43
			116
			133
			86
			57
			50
			40
			4
			67
			-23
			3
			219
			69
			-15
			3
			35
			26
			21
			-15
			189
			218
			12
			47
			2
			13
			6
			10
			2
			2
			3
			4
			1
			1
			1
			1
			-1
			16
			3
			-1
			1
			1
			25
			4
			22
			19
			-1
			1
			0
			1
			2
			-1
			-7
			-12
			1
			2
			-3
			2
			8
			31
			2
			1
			19
			16
			0
			0
			-1
			8
			7
			7
			6
			10
			2
			6
			8
			4
			3
			6
			1
			1
			-4
			-1
			11
			1
			10
			10
			16
			4
			1
			1
			1
			-21
			-27
			12
			8
			4
			72
			30
			11
			0
			0
			0
			-4
			-1
			-10
			0
			1
			3
			0
			0
			12
			3
			1
			0
			-2
			-5
			-8
			-13
			-1
			-6
			-13
			12
			10
			5
			13
			4
			20
			6
			9
			2
			1
			3
			64
			17
			1
			16
			2
			2
			2
			1
			9
			3
			16
			7
			7
			17
			5
			-8
			0
			0
			0
			0
			0
			-1
			0
			1
			1
			1
			-1
			6
			24
			72
			17
			0
			0
			0
			1
			0
			0
			0
			2
			4
			0
			1
			-1
			15
			1
			-61
			-827
			-201
			-10
			655
			9
			328
			304
			-678
			2
			41
			161
			312
			49
			426
			4
			809
			66
			-13
			-47
			50
			279
			4
			3
			15
			84
			-19
			-182
			13
			40
			28
			-3
			33
			22
			30
			56
			-13
			55
			32
			129
			237
			453
			12
			28
			622
			115
			29
			-1
			45
			27
			-20
			112
			-25
			-2
			7
			39
			41
			-6
			24
			102
			24
			16
			33
			60
			3
			23
			-87
			14
			3
			-354
			-20
			-210
			-164
			-124
			34

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	27,812
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 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

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	50,500	690,880	0.073095
2012	11,000	673,090	0.016343
2011	35,900	656,196	0.054709
2010	28,450	635,997	0.044733
2009	606,489	957,185	0.633617

2	Total of line 1, column (d) ......................	2	0.822497
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	0.164499
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	678,078
5	Multiply line 4 by line 3.......................	5	111,543
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	390
7	Add lines 5 and 6.........................	7	111,933
8	Enter qualifying distributions from Part XII, line 4..............	8	12,500
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	780
	hereand 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	780
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	780
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	0
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	17
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	797
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

PETER DAVIDSON Telephone no. bullet

(718) 391-4935

Located at bullet

311 EVERIT AVENUEHEWLETT HARBORNY ZIP+4 bullet

11557

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
PETER DAVIDSON	PRESIDENT 0.00	0	0	0
311 EVERIT AVENUE HEWLETT HARBOR,NY11557	PRESIDENT 0.00	0	0	0
EILEEN DAVIDSON	SECRETARY/TREAS 0.00	0	0	0
311 EVERIT AVENUE HEWLETT HARBOR,NY11557	SECRETARY/TREAS 0.00	0	0	0

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...................				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............. 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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

654,798

Average of monthly cash balances.......................

33,606

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

688,404

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

688,404

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

10,326

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

678,078

Minimum investment return. Enter 5% of line 5..................

33,904

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

33,904

Tax on investment income for 2014 from Part VI, line 5......

780

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

780

Distributable amount before adjustments. Subtract line 2c from line 1............

33,124

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

33,124

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

33,124

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

12,500

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

12,500

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

12,500

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)

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					33,124
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.......	558,938
b From 2010.......
c From 2011.......	3,576
d From 2012.......
e From 2013.......	16,773
fTotal of lines 3a through e.........		579,287
4Qualifying distributions for 2014 from Part
XII, line 4: $ 12,500
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.....					12,500
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2014.		20,624			20,624
(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		558,663
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) ...		538,314
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		20,349
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....	3,576
c Excess from 2012....
d Excess from 2013....	16,773
e Excess from 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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
PEF ISRAEL ENDOWMENTS FUNDS INC 317 MADISON AVENUE SUITE 607 NEW YORK,NY10017	NONE	501C3	CHARITABLE AND EDUCATIONAL	2,500
PLANNED PARENTHOOD OF NASSAU COUNTY 540 FULTON AVENUE HEMPSTEAD,NY11550	NONE	501C3	CHARITABLE AND EDUCATIONAL	5,000
WESTHAB INC 8 BASHFORD STREET YONKERS,NY10701	NONE	501C3	CHARITABLE AND EDUCATIONAL	2,500
CANCER CARE 275 7TH AVENUE 22 NEW YORK,NY10001	NONE	501C3	CHARITABLE AND EDUCATIONAL	2,500
Total ................................. 3a				12,500

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	3,879
4 Dividends and interest from securities....			14	18,686
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	27,812
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		50,377	0

13Total. Add line 12, columns (b), (d), and (e)..................

1350,377

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
MUTUAL FUNDS	21,840	24,344
PREFERRED/FIXED RATE CAP SECURITIES	83,764	85,901

Description	Beginning of Year - Book Value	End of Year - Book Value
ACCRUED FEDERAL TAXES	817	780
ACCRUED NY STATE FEES	100	100

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADVISORY FEES	9,768	9,768		0
PROFESSIONAL FEES	5,500	1,375		0

Category	Amount	Net Investment Income
FEDERAL TAX	780	0
TAXES - INTERNATIONAL	241	241
NY FILING FEE	100	0