TY 2015 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

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015

Name of foundation
WESLEYAN UNIVERSITY AUSTIN W LANE CO PNC

Number and street (or P.O. box number if mail is not delivered to street address)620 LIBERTY AVENUE 10TH FLOOR
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705

A Employer identification number

22-6631204

B Telephone number (see instructions)

(412) 762-2950

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

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

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

$3,288,167J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	74,140		74,140
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		90,539
b	Gross sales price for all assets on line 6a 1,401,202
7	Capital gain net income (from Part IV, line 2)...			90,539
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		1	-211
12	Total. Add lines 1 through 11........	164,680		164,468
13	Compensation of officers, directors, trustees, etc.	32,508		26,006		6,502
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		10,632	48		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		3,238	3,240
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	46,378		29,294	0	6,502
25	Contributions, gifts, grants paid.......	159,428				159,428
26	Total expenses and disbursements. Add lines 24 and 25	205,806		29,294	0	165,930
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-41,126
b	Net investment income (if negative, enter -0-)			135,174
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

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.........	200,075	8,136	8,136
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	923,218	969,456	1,220,651
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,027,353	2,136,152	2,059,380
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	3,430
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,154,076	3,113,744	3,288,167
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		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........	3,127,605	3,098,961
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	26,471	14,783
	30	Total net assets or fund balances (see instructions).....	3,154,076	3,113,744
	31	Total liabilities and net assets/fund balances (see instructions).	3,154,076	3,113,744

Part III

Analysis of Changes in Net Assets or Fund Balances

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

3,154,076

Enter amount from Part I, line 27a .....................

-41,126

Other increases not included in line 2 (itemize) bullet

1,259

Add lines 1, 2, and 3 ..........................

3,114,209

Decreases not included in line 2 (itemize) bullet

465

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

3,113,744

Form 990-PF (2015)

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	136. OASIS PETROLEUM INC			2015-01-01
b	6. SCHLUMBERGER LTD COM		2014-06-17	2015-01-01
c	7. SCHLUMBERGER LTD COM			2015-01-01
d	18. DUNKIN BRANDS GROUP INC		2011-11-22	2015-01-05
e	6. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6			2015-01-06
	8. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-04-04	2015-01-07
	8. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-04-04	2015-01-08
	8. TIFFANY & CO NEW COM			2015-01-12
	5. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2012-10-23	2015-01-12
	61. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3			2015-01-12
	4. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115			2015-01-14
	3. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-23	2015-01-15
	6. PRECISION CASTPARTS CORP		2011-02-18	2015-01-16
	5. PRECISION CASTPARTS CORP		2011-02-18	2015-01-16
	2. PRICELINE GROUP, INC.			2015-01-16
	14. MORGAN STANLEY		2014-12-09	2015-01-20
	12. MORGAN STANLEY		2014-12-09	2015-01-20
	9. PRECISION CASTPARTS CORP			2015-01-20
	1867.79 AQR MANAGED FUTURES STRATEGY FUND CLASS I		2014-10-24	2015-01-26
	888.881 DIAMOND HILL LONG-SHORT FUND CL I		2014-09-29	2015-01-26
	133. POWERSHARES DB AGRICULTURE FUND		2014-10-24	2015-01-26
	638.406 T ROWE PRICE REAL ESTATE FUND FD 122		2014-10-24	2015-01-26
	1466.737 DODGE & COX INTERNATIONAL STOCK FUND			2015-01-27
	26. KIMBERLY-CLARK CORP COM			2015-01-27
	95. OASIS PETROLEUM INC		2014-10-20	2015-01-27
	40. UNITED RENTALS INC COM		2013-10-07	2015-01-29
	1. CHIPOTLE MEXICAN GRIL CL A		2011-02-18	2015-01-30
	1008. SECTOR SPDR TR SBI INT-TECH		2014-07-31	2015-01-30
	50. SECTOR SPDR TR SHS BEN INT-UTILITIES		2014-12-01	2015-01-30
	1. PERRIGO CO LTD SEDOL BGH1M56		2014-12-23	2015-01-30
	108. ATWOOD OCEANICS INC			2015-02-03
	6. PERRIGO CO LTD SEDOL BGH1M56			2015-02-03
	3. PERRIGO CO LTD SEDOL BGH1M56		2014-12-15	2015-02-04
	55. GILEAD SCIENCES INC COM			2015-02-05
	1. BIOGEN INC		2015-02-05	2015-02-06
	5. NIKE INC CL B		2015-01-23	2015-02-06
	34. AMERICAN EXPRESS CO		2010-01-22	2015-02-13
	1. SANOFI SPONSORED ADR		2001-01-01	2015-02-18
	52. AFLAC INC		2014-06-24	2015-02-23
	9. CATERPILLAR INC		2013-04-16	2015-02-23
	60. CATERPILLAR INC			2015-02-23
	40. EOG RES INC		2012-08-28	2015-02-24
	5. EOG RES INC		2014-07-09	2015-02-24
	1. TWENTY-FIRST CENTURY-CL A-WI		2014-09-10	2015-02-25
	21. TWENTY-FIRST CENTURY-CL A-WI			2015-02-25
	4. CELGENE CORP			2015-02-27
	40. EASTMAN CHEM CO		2014-06-02	2015-02-27
	22. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3			2015-02-27
	31. TWENTY-FIRST CENTURY-CL A-WI			2015-03-02
	2. CELGENE CORP		2013-10-07	2015-03-03
	1. CELGENE CORP		2014-06-10	2015-03-03
	9. TWENTY-FIRST CENTURY-CL A-WI			2015-03-03
	11. TWENTY-FIRST CENTURY-CL A-WI		2014-02-26	2015-03-04
	8. TWENTY-FIRST CENTURY-CL A-WI		2014-03-13	2015-03-04
	447. AES CORP			2015-03-06
	41. YUM! BRANDS INC		2014-06-24	2015-03-06
	6. INCYTE CORPORATION			2015-03-10
	1. BIOGEN INC		2015-02-05	2015-03-12
	89. CONTINENTAL RESOURCES INC/OK		2014-06-24	2015-03-13
	7. MONDELEZ INTERNATIONAL		2014-06-24	2015-03-16
	1. BIOGEN INC		2013-01-31	2015-03-17
	1. BIOGEN INC		2015-02-05	2015-03-17
	5. CELGENE CORP		2013-03-21	2015-03-17
	8. SCHLUMBERGER LTD COM			2015-03-17
	8. SCHLUMBERGER LTD COM			2015-03-17
	13. TWENTY-FIRST CENTURY-CL A-WI		2014-03-13	2015-03-17
	36. WESTERN DIGITAL CORP			2015-03-19
	7. TIFFANY & CO NEW COM			2015-03-20
	17. MONDELEZ INTERNATIONAL		2014-06-24	2015-03-23
	23. SKYWORKS SOLUTIONS INC COM			2015-03-25
	6. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-11-26	2015-03-25
	18. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7			2015-03-25
	4. MONSANTO CO		2014-12-22	2015-03-26
	3. MONSANTO CO		2011-02-18	2015-03-26
	5. UNION PAC CORP COM		2010-03-30	2015-03-26
	148. MICRON TECHNOLOGY INC			2015-03-30
	7. BRISTOL MYERS SQUIBB CO		2014-10-30	2015-03-31
	52. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2014-06-24	2015-03-31
	8. MONSANTO CO		2011-02-18	2015-03-31
	19. HEALTH CARE SELECT SECTOR ETF LARGE CAP			2015-03-31
	880. SECTOR SPDR TR SBI CONS STPLS		2015-01-30	2015-03-31
	898. SECTOR SPDR TR SHS BEN INT-UTILITIES		2014-12-01	2015-03-31
	29. DELTA AIR LINES INC		2013-09-10	2015-04-02
	10. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-04-02
	13. SOUTHWEST AIRLINES COM		2014-04-03	2015-04-02
	9. SOUTHWEST AIRLINES COM		2014-02-07	2015-04-02
	10. CF INDUSTRIES HOLDINGS INC		2014-06-24	2015-04-06
	13.407 VERIZON COMMUNICATIONS COM		2015-01-12	2015-04-06
	49.593 VERIZON COMMUNICATIONS COM		2013-10-07	2015-04-06
	12. GILEAD SCIENCES INC COM			2015-04-07
	9. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-04-07
	51. SOUTHWEST AIRLINES COM		2014-02-07	2015-04-07
	6. CELGENE CORP			2015-04-08
	5. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1			2015-04-09
	10. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1			2015-04-09
	6. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1			2015-04-13
	26. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104		2011-02-18	2015-04-13
	12. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104			2015-04-13
	4. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-10-27	2015-04-16
	36. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6			2015-04-17
	4. COSTCO WHSL CORP NEW COM		2014-12-09	2015-04-20
	6. TRIPADVISOR INC CLASS I			2015-04-20
	3. TRIPADVISOR INC CLASS I		2013-12-17	2015-04-20
	56. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868			2015-04-20
	18. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-21
	13. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-21
	1. TIFFANY & CO NEW COM		2014-03-03	2015-04-21
	3. TIFFANY & CO NEW COM		2014-07-25	2015-04-21
	2. MEAD JOHNSON NUTRITION CO		2013-08-20	2015-04-22
	162. MYLAN N V		2015-03-02	2015-04-22
	7. MEAD JOHNSON NUTRITION CO		2013-08-20	2015-04-23
	21. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-23
	324.344 AQR MANAGED FUTURES STRATEGY FUND CLASS I		2014-10-24	2015-04-27
	731.992 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND			2015-04-27
	996.197 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I		2015-01-26	2015-04-27
	471.957 JP MORGAN RESEARCH MARKET NEUTRAL FUND INSTITUTIONAL		2015-01-26	2015-04-27
	8. MEAD JOHNSON NUTRITION CO			2015-04-27
	5. NOVO NORDISK A S ADR			2015-04-27
	320.645 T ROWE PRICE REAL ESTATE FUND FD 122		2014-10-24	2015-04-27
	13. SPDR GOLD TRUST ETF		2015-01-26	2015-04-27
	6. MASTERCARD INC CL A		2011-02-18	2015-04-28
	22. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-29
	7. NOVO NORDISK A S ADR		2011-07-27	2015-04-29
	54. PACKAGING CORP OF AMERICA COM		2014-03-20	2015-04-29
	20. TWITTER INC			2015-04-29
	6. TWITTER INC		2013-11-08	2015-04-29
	14. TWITTER INC		2014-07-30	2015-04-29
	1581.848 AMERICAN BEACON L/C VALU IS		2011-02-18	2015-04-30
	437.74 ARTISAN FDS INC INTERNATIONAL		2010-08-16	2015-04-30
	1763.403 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO		2012-11-02	2015-04-30
	5. SALESFORCE.COM			2015-04-30
	661.227 TEMPLETON INSTL FDS INC FOREIGN EQUITY SER		2015-01-27	2015-04-30
	5. BAIDU INC		2015-03-18	2015-05-01
	4. BAIDU INC		2015-02-12	2015-05-01
	6. SALESFORCE.COM			2015-05-01
	46. CONOCOPHILLIPS		2014-04-29	2015-05-04
	87. CONOCOPHILLIPS			2015-05-04
	68. MICROSOFT CORP		2014-06-24	2015-05-04
	177. OIL STATES INTERNATIONAL INC			2015-05-04
	10. ALLSTATE CORP			2015-05-05
	14. AMERIPRISE FINANCIAL INC		2014-12-08	2015-05-05
	13. DELTA AIR LINES INC		2013-09-10	2015-05-05
	.027 GOOGLE INC-CL C NAME CHANGE 10/02/2015		2010-01-22	2015-05-05
	4. UNION PAC CORP COM		2010-03-30	2015-05-05
	42. KROGER CO			2015-05-11
	1. KROGER CO		2014-05-09	2015-05-11
	77. SPROUTS FARMERS MARKETS INC		2015-01-27	2015-05-11
	10. NOVO NORDISK A S ADR		2011-07-27	2015-05-13
	1. PRICELINE GROUP, INC.		2011-02-18	2015-05-13
	7. UNION PAC CORP COM		2010-03-30	2015-05-13
	4. UNION PAC CORP COM		2010-03-30	2015-05-13
	6. ARM HOLDINGS PLC SPONSORED ADR		2015-01-22	2015-05-14
	7. NOVO NORDISK A S ADR			2015-05-14
	6. ARM HOLDINGS PLC SPONSORED ADR		2015-01-22	2015-05-15
	2. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-05-15
	59. DELTA AIR LINES INC		2013-09-10	2015-05-22
	35. UNION PAC CORP COM		2010-03-30	2015-05-22
	38. QUALCOMM			2015-05-29
	6. UNION PAC CORP COM		2010-03-30	2015-06-02
	53. OLD DOMINION FGHT LINES INC			2015-06-03
	4. CELGENE CORP		2013-03-06	2015-06-04
	3. CELGENE CORP		2013-03-06	2015-06-05
	77. SOUTHWEST AIRLINES COM		2014-02-07	2015-06-11
	232. ATWOOD OCEANICS INC			2015-06-15
	318. NATIONSTAR MORTGAGE HOLDINGS			2015-06-15
	17. NOVO NORDISK A S ADR		2011-03-16	2015-06-17
	33. SCHLUMBERGER LTD COM			2015-06-17
	1. SCHLUMBERGER LTD COM		2014-11-18	2015-06-17
	88. ORACLE CORP		2007-08-28	2015-06-18
	3. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115			2015-06-25
	7. UNION PAC CORP COM		2010-03-30	2015-06-25
	21. APPLE INC		2014-06-24	2015-06-26
	4. APPLE INC		2014-12-19	2015-06-26
	233. BROADCOM CORP		2014-06-24	2015-06-26
	3. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-18	2015-06-26
	3. UNION PAC CORP COM		2010-03-30	2015-06-26
	5. UNION PAC CORP COM		2010-03-30	2015-06-26
	21. VIPSHOP HOLDINGS LTD ADR			2015-06-29
	73. ADT CORP		2015-04-02	2015-06-30
	8. TWITTER INC			2015-07-01
	16. VIPSHOP HOLDINGS LTD ADR			2015-07-01
	70. ALLSTATE CORP		2014-06-24	2015-07-06
	113. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2015-07-06	2015-07-06
	41. SCHLUMBERGER LTD COM			2015-07-06
	26. VIPSHOP HOLDINGS LTD ADR			2015-07-06
	15. NOVO NORDISK A S ADR		2011-03-16	2015-07-08
	48. VIPSHOP HOLDINGS LTD ADR			2015-07-08
	14. LENDINGCLUB CORP		2015-01-15	2015-07-09
	84. AFLAC INC		2014-06-24	2015-07-10
	250. AES CORP		2015-05-04	2015-07-10
	68. ROSS STORES INC		2014-06-24	2015-07-10
	17.407 VERIZON COMMUNICATIONS COM		2013-09-25	2015-07-10
	52.593 VERIZON COMMUNICATIONS COM		2015-01-12	2015-07-10
	10. ALLERGAN PLC SEDOL BY9D546		2015-04-22	2015-07-10
	35. ENDO INTERNATIONAL PLC SEDOL BJ3V905		2015-04-22	2015-07-10
	3. SCHLUMBERGER LTD COM		2014-01-30	2015-07-13
	4. SCHLUMBERGER LTD COM		2015-05-11	2015-07-13
	6. BIOMARIN PHARMACEUTICAL INC		2013-03-13	2015-07-15
	8. BIOMARIN PHARMACEUTICAL INC		2014-12-11	2015-07-15
	12. SCHLUMBERGER LTD COM		2014-01-30	2015-07-15
	8. CIGNA CORP		2014-07-22	2015-07-16
	27. CHEMOURS CO/THE - W/I		2014-06-24	2015-07-16
	6. JOHNSON & JOHNSON COM		2013-08-28	2015-07-16
	43. ROCKWELL COLLINS INC		2015-04-13	2015-07-16
	13. SCHLUMBERGER LTD COM			2015-07-16
	14. SCHLUMBERGER LTD COM		2012-06-27	2015-07-16
	10. SHERWIN-WILLIAMS CO			2015-07-16
	6. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-07-16
	.6 CHEMOURS CO/THE - W/I		2014-06-24	2015-07-21
	5. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-07-21
	6. BRISTOL MYERS SQUIBB CO		2014-10-30	2015-07-22
	3. BRISTOL MYERS SQUIBB CO		2013-12-11	2015-07-22
	2. BRISTOL MYERS SQUIBB CO		2014-10-30	2015-07-22
	48. COLGATE-PALMOLIVE CO		2014-06-24	2015-07-22
	56. ROSS STORES INC		2014-06-24	2015-07-22
	2. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-07-22
	1. ALLERGAN PLC SEDOL BY9D546		2015-04-22	2015-07-22
	6. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1			2015-07-23
	4. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-22	2015-07-23
	10. JD.COM INC-ADR ADR SEDOL BMM27D9			2015-07-23
	10. JD.COM INC-ADR ADR SEDOL BMM27D9			2015-07-23
	4. VERTEX PHARMACEUTICALS INC			2015-07-23
	2. ALLERGAN PLC SEDOL BY9D546		2014-12-11	2015-07-23
	5. BIOGEN INC			2015-07-24
	1. BIOGEN INC		2012-09-18	2015-07-24
	8. BRISTOL MYERS SQUIBB CO			2015-07-24
	1235.58 DRIEHAUS ACTIVE INCOME FUND FUND 640		2015-04-27	2015-07-24
	3140.588 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I		2015-01-26	2015-07-24
	64. ISHARES TIPS BOND ETF		2015-04-27	2015-07-24
	742.431 NEUBERGER BERMAN REAL ESTATE FUND CLASS I			2015-07-24
	16. SPDR GOLD TRUST ETF		2015-01-26	2015-07-24
	4. VERTEX PHARMACEUTICALS INC		2011-12-08	2015-07-24
	5. BRISTOL MYERS SQUIBB CO		2013-12-12	2015-07-27
	45. EBAY INC		2015-05-29	2015-07-28
	3. MASTERCARD INC CL A		2015-07-10	2015-07-28
	45. PAYPAL HOLDINGS INC-W/I		2015-05-29	2015-07-28
	29. POLARIS INDS INC		2013-10-07	2015-07-28
	53. LEVEL 3 COMMUNICATIONS INC		2015-05-05	2015-07-30
	10. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-07-30
	11. BIOGEN INC			2015-07-31
	14. SECTOR SPDR TR SBI CYCL TRANS		2015-03-31	2015-07-31
	1013. SECTOR SPDR TR SBI INT-TECH		2015-03-31	2015-07-31
	78. TEXAS INSTRS INC COM		2015-03-25	2015-07-31
	122. HANESBRANDS INC - W/I		2013-10-07	2015-08-04
	95. BAXALTA INC -W/I		2014-06-24	2015-08-06
	110. HANESBRANDS INC - W/I		2013-10-07	2015-08-06
	72. TYSON FOODS INC CLASS A		2015-05-11	2015-08-06
	91. BAXTER INTERNATIONAL INC		2014-06-24	2015-08-10
	44. COLGATE-PALMOLIVE CO		2014-06-24	2015-08-10
	69. EOG RES INC			2015-08-10
	67. MICROSOFT CORP		2015-06-26	2015-08-10
	10. BOEING CO		2011-02-18	2015-08-14
	8. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-08-14
	10. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7			2015-08-14
	5. TRIPADVISOR INC CLASS I			2015-08-18
	30. BECTON DICKINSON & CO		2013-10-07	2015-08-19
	23. FOOT LOCKER INC		2013-10-07	2015-08-19
	54. HAIN CELESTIAL GROUP INC COM		2014-11-13	2015-08-19
	5. TRIPADVISOR INC CLASS I			2015-08-19
	4. TRIPADVISOR INC CLASS I		2013-10-23	2015-08-20
	5. TRIPADVISOR INC CLASS I			2015-08-21
	377. ISHARES TR S&P SMLCAP 600		2015-07-31	2015-08-31
	18. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2014-06-24	2015-09-01
	36. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2015-07-10	2015-09-01
	9. CITIGROUP INC			2015-09-08
	6. CITIGROUP INC			2015-09-08
	20. TWITTER INC			2015-09-08
	4. TRIPADVISOR INC CLASS I		2013-10-24	2015-09-09
	17. TWITTER INC			2015-09-09
	9. BAXALTA INC -W/I		2014-06-24	2015-09-15
	9. BAXTER INTERNATIONAL INC		2014-06-24	2015-09-15
	4. MONSANTO CO		2011-02-18	2015-09-15
	6. CONCHO RESOURCES INC			2015-09-16
	5. CONCHO RESOURCES INC		2014-11-10	2015-09-16
	5. MONSANTO CO		2011-02-18	2015-09-16
	21. MCKESSON HBOC INC COMMN		2013-10-22	2015-09-18
	11. GILEAD SCIENCES INC COM		2015-07-16	2015-09-25
	6. GILEAD SCIENCES INC COM			2015-09-28
	9. GILEAD SCIENCES INC COM		2015-06-30	2015-09-29
	592. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-08-29	2015-09-30
	2. HEALTH CARE SELECT SECTOR ETF LARGE CAP			2015-09-30
	869. SECTOR SPDR TR SBI CONS STPLS		2015-08-31	2015-09-30
	6. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115			2015-10-01
	4. GILEAD SCIENCES INC COM		2015-06-30	2015-10-01
	5. GILEAD SCIENCES INC COM			2015-10-02
	30. CAMPBELL SOUP CO		2015-02-23	2015-10-05
	4. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-04	2015-10-05
	24. COLGATE-PALMOLIVE CO		2014-06-24	2015-10-05
	38. EXXON MOBIL CORP		2015-03-13	2015-10-05
	1. EXXON MOBIL CORP		1995-02-24	2015-10-05
	4. INCYTE CORPORATION			2015-10-05
	2. BIOGEN INC		2012-05-14	2015-10-06
	84. HD SUPPLY HOLDINGS INC		2015-07-16	2015-10-09
	10. TIME WARNER INC		2014-05-14	2015-10-09
	51. TIME WARNER INC			2015-10-09
	65. VOYA FINL INC COM		2015-02-13	2015-10-09
	6. VMWARE INC CLASS A		2013-05-10	2015-10-12
	5. VMWARE INC CLASS A		2015-09-14	2015-10-12
	6. VMWARE INC CLASS A			2015-10-13
	62. CAMPBELL SOUP CO			2015-10-15
	58. MICROSOFT CORP		2014-06-24	2015-10-15
	4. MICROSOFT CORP		2015-06-26	2015-10-15
	6. VMWARE INC CLASS A		2013-07-19	2015-10-15
	36. BAXTER INTERNATIONAL INC		2014-06-24	2015-10-20
	91. BAXTER INTERNATIONAL INC			2015-10-20
	2. FLEETCOR TECHNOLOGIES INC		2014-12-22	2015-10-21
	2. FLEETCOR TECHNOLOGIES INC		2014-09-16	2015-10-21
	47. HCA HOLDINGS INC		2014-08-01	2015-10-21
	6. INCYTE CORPORATION			2015-10-21
	2. AMERICAN TOWER CORP		2014-01-09	2015-10-23
	6. APPLE INC		2014-06-24	2015-10-26
	5. APPLE INC			2015-10-26
	7. DOLLAR GENERAL CORP			2015-10-26
	443.993 AQR MANAGED FUTURES STRATEGY FUND CLASS I		2015-07-24	2015-10-27
	355.297 DIAMOND HILL LONG-SHORT FUND CL I		2015-04-27	2015-10-27
	586.69 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND		2014-10-24	2015-10-27
	3508.397 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND		2015-07-24	2015-10-27
	722.601 ASG GLOBAL ALTERNATIVES FUND CL Y			2015-10-27
	13. DOLLAR GENERAL CORP			2015-10-28
	10. DOLLAR GENERAL CORP			2015-10-28
	5. SBA COMMUNICATIONS CORP (IPO)			2015-10-28
	6. SBA COMMUNICATIONS CORP (IPO)			2015-10-28
	1649. SECTOR SPDR TR SBI CYCL TRANS			2015-10-28
	1. ALLERGAN PLC SEDOL BY9D546		2014-12-11	2015-10-29
	13. CREDIT ACCEPTANCE CORPORATION		2015-07-22	2015-11-11
	25. DOLLAR GENERAL CORP			2015-11-11
	52. FIREEYE INC			2015-11-12
	12. FIREEYE INC		2015-01-30	2015-11-12
	9. MONSTER BEVERAGE CORPORATION			2015-11-12
	14. SBA COMMUNICATIONS CORP (IPO)			2015-11-13
	6. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7			2015-11-23
	31. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-11-26	2015-11-23
	631. SPDR TR UNIT SER 1		2015-10-28	2015-12-14
	3. ALLERGAN PLC SEDOL BY9D546			2015-12-22
	23.575 AMERICAN BEACON L/C VALU IS		2011-02-18	2015-12-30
	84.471 ARTISAN INTERNATIONAL FD-ADV		2010-08-16	2015-12-30
	95.043 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO		2014-10-30	2015-12-30
	59.89 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO		2012-11-02	2015-12-30
	263.436 T ROWE PRICE REAL ESTATE FUND FD 122		2012-01-31	2015-12-30
	4.094 TEMPLETON INSTL FDS INC FOREIGN EQUITY SER		2015-01-27	2015-12-30
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,281	6,994	-4,713
b	520	639	-119
c	606	738	-132
d	756	454	302
e	402	284	118
	539	378	161
	560	378	182
	711	841	-130
	382	265	117
	4,664	5,032	-368
	698	506	192
	532	333	199
	1,137	892	245
	989	743	246
	1,998	976	1,022
	483	531	-48
	416	456	-40
	1,836	1,328	508
	20,863	19,406	1,457
	21,093	20,969	124
	3,124	3,093	31
	18,635	16,171	2,464
	62,952	52,999	9,953
	2,860	2,756	104
	1,284	2,935	-1,651
	3,395	2,396	999
	714	260	454
	40,563	39,498	1,065
	2,441	2,317	124
	152	163	-11
	3,174	4,566	-1,392
	904	968	-64
	453	463	-10
	5,472	1,852	3,620
	407	400	7
	467	482	-15
	2,657	1,311	1,346
	33	25	8
	3,211	3,276	-65
	756	744	12
	5,037	6,250	-1,213
	3,669	2,176	1,493
	459	579	-120
	35	36	-1
	735	738	-3
	488	344	144
	3,012	3,558	-546
	1,911	944	967
	1,086	1,084	2
	234	156	78
	117	81	36
	317	298	19
	387	362	25
	282	258	24
	5,480	6,245	-765
	3,235	3,323	-88
	534	397	137
	407	400	7
	3,769	6,918	-3,149
	243	261	-18
	421	157	264
	421	400	21
	602	280	322
	646	817	-171
	644	792	-148
	440	419	21
	3,566	3,356	210
	583	703	-120
	601	635	-34
	2,210	793	1,417
	600	256	344
	1,799	1,817	-18
	448	488	-40
	336	219	117
	545	184	361
	3,941	4,860	-919
	455	408	47
	4,546	3,105	1,441
	903	583	320
	1,395	1,218	177
	43,095	42,629	466
	39,780	41,606	-1,826
	1,245	663	582
	963	342	621
	567	313	254
	393	193	200
	2,786	2,418	368
	663	629	34
	2,451	2,356	95
	1,190	328	862
	872	308	564
	2,127	1,094	1,033
	686	335	351
	427	547	-120
	864	1,025	-161
	503	591	-88
	2,906	1,691	1,215
	1,341	1,257	84
	339	392	-53
	2,287	1,554	733
	585	572	13
	486	614	-128
	243	243
	4,086	3,535	551
	658	672	-14
	474	486	-12
	84	92	-8
	253	298	-45
	199	153	46
	11,920	9,348	2,572
	673	535	138
	771	784	-13
	3,759	3,370	389
	6,903	6,883	20
	9,384	9,195	189
	7,183	7,273	-90
	775	605	170
	286	124	162
	8,859	8,122	737
	1,496	1,599	-103
	541	150	391
	832	822	10
	387	172	215
	3,671	3,889	-218
	769	953	-184
	242	255	-13
	565	656	-91
	32,001	28,236	3,765
	13,837	8,304	5,533
	33,928	26,874	7,054
	362	212	150
	14,679	13,489	1,190
	988	1,041	-53
	803	821	-18
	438	190	248
	3,102	3,459	-357
	5,867	7,377	-1,510
	3,310	2,844	466
	8,167	9,269	-1,102
	701	595	106
	1,764	1,913	-149
	576	297	279
	14	7	7
	430	147	283
	3,034	2,946	88
	72	46	26
	2,148	2,835	-687
	557	246	311
	1,191	448	743
	720	258	462
	410	147	263
	313	288	25
	395	170	225
	311	288	23
	254	59	195
	2,589	1,348	1,241
	3,654	1,290	2,364
	2,676	2,354	322
	613	221	392
	3,622	3,357	265
	440	220	220
	332	165	167
	2,672	1,652	1,020
	6,527	8,206	-1,679
	6,127	10,233	-4,106
	933	403	530
	2,957	3,229	-272
	90	96	-6
	3,633	1,718	1,915
	486	332	154
	684	258	426
	2,680	1,922	758
	511	450	61
	12,104	8,697	3,407
	488	330	158
	292	111	181
	484	184	300
	453	589	-136
	2,486	3,049	-563
	284	339	-55
	359	425	-66
	4,507	4,138	369
	1,865		1,865
	3,419	3,870	-451
	535	611	-76
	804	356	448
	991	1,047	-56
	203	310	-107
	5,158	5,293	-135
	3,274	3,352	-78
	3,446	2,296	1,150
	821	816	5
	2,481	2,467	14
	3,087	2,947	140
	2,846	3,321	-475
	253	267	-14
	337	368	-31
	874	369	505
	1,165	739	426
	1,012	1,069	-57
	1,234	772	462
	350	449	-99
	607	519	88
	4,007	4,220	-213
	1,099	940	159
	1,175	858	317
	2,598	2,889	-291
	804	176	628
	7	10	-3
	655	147	508
	416	350	66
	207	152	55
	138	117	21
	3,210	3,272	-62
	2,985	1,891	1,094
	261	59	202
	315	295	20
	509	551	-42
	334	361	-27
	345	361	-16
	346	348	-2
	526	116	410
	632	526	106
	1,558	781	777
	305	156	149
	530	405	125
	12,788	12,961	-173
	29,113	28,988	125
	7,171	7,361	-190
	10,587	11,432	-845
	1,661	1,968	-307
	514	114	400
	323	253	70
	1,272	1,111	161
	286	284	2
	1,708	1,637	71
	3,953	3,829	124
	2,668	2,997	-329
	945	342	603
	3,509	1,595	1,914
	1,125	1,063	62
	43,177	42,317	860
	3,904	4,442	-538
	3,554	1,870	1,684
	3,555	3,139	416
	3,119	1,686	1,433
	2,971	2,984	-13
	3,849	3,705	144
	3,028	2,999	29
	5,213	6,491	-1,278
	3,175	3,070	105
	1,451	733	718
	712	274	438
	922	1,024	-102
	360	401	-41
	4,396	3,000	1,396
	1,701	762	939
	3,509	2,907	602
	358	379	-21
	282	300	-18
	349	365	-16
	41,770	44,225	-2,455
	898	2,573	-1,675
	1,797	3,066	-1,269
	464	545	-81
	308	361	-53
	545	824	-279
	270	290	-20
	467	544	-77
	332	297	35
	325	366	-41
	364	292	72
	607	754	-147
	506	576	-70
	450	365	85
	4,278	2,983	1,295
	1,116	1,307	-191
	579	707	-128
	876	1,056	-180
	38,973	37,767	1,206
	132	148	-16
	40,868	41,141	-273
	873	649	224
	389	469	-80
	479	583	-104
	1,534	1,403	131
	604	430	174
	1,566	1,636	-70
	2,912	3,192	-280
	77	17	60
	479	259	220
	553	274	279
	2,606	3,059	-453
	729	664	65
	3,720	4,400	-680
	2,609	2,815	-206
	421	461	-40
	351	400	-49
	415	443	-28
	3,078	2,897	181
	2,725	2,426	299
	188	183	5
	410	426	-16
	1,229	1,466	-237
	3,106	3,483	-377
	290	295	-5
	290	286	4
	3,338	3,072	266
	645	386	259
	198	164	34
	691	549	142
	576	443	133
	461	567	-106
	4,902	4,791	111
	8,538	8,733	-195
	5,374	5,468	-94
	32,137	32,804	-667
	7,804	8,359	-555
	857	1,016	-159
	663	763	-100
	587	545	42
	703	580	123
	132,027	122,801	9,226
	312	263	49
	2,117	2,966	-849
	1,594	1,865	-271
	1,161	2,277	-1,116
	268	413	-145
	1,338	1,319	19
	1,465	1,329	136
	475	570	-95
	2,454	1,323	1,131
	127,018	131,044	-4,026
	930	786	144
	421	421
	2,445	1,604	841
	929	973	-44
	1,034	913	121
	7,302	5,158	2,144
	78	84	-6
			21,587

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			-4,713
b			-119
c			-132
d			302
e			118
			161
			182
			-130
			117
			-368
			192
			199
			245
			246
			1,022
			-48
			-40
			508
			1,457
			124
			31
			2,464
			9,953
			104
			-1,651
			999
			454
			1,065
			124
			-11
			-1,392
			-64
			-10
			3,620
			7
			-15
			1,346
			8
			-65
			12
			-1,213
			1,493
			-120
			-1
			-3
			144
			-546
			967
			2
			78
			36
			19
			25
			24
			-765
			-88
			137
			7
			-3,149
			-18
			264
			21
			322
			-171
			-148
			21
			210
			-120
			-34
			1,417
			344
			-18
			-40
			117
			361
			-919
			47
			1,441
			320
			177
			466
			-1,826
			582
			621
			254
			200
			368
			34
			95
			862
			564
			1,033
			351
			-120
			-161
			-88
			1,215
			84
			-53
			733
			13
			-128

			551
			-14
			-12
			-8
			-45
			46
			2,572
			138
			-13
			389
			20
			189
			-90
			170
			162
			737
			-103
			391
			10
			215
			-218
			-184
			-13
			-91
			3,765
			5,533
			7,054
			150
			1,190
			-53
			-18
			248
			-357
			-1,510
			466
			-1,102
			106
			-149
			279
			7
			283
			88
			26
			-687
			311
			743
			462
			263
			25
			225
			23
			195
			1,241
			2,364
			322
			392
			265
			220
			167
			1,020
			-1,679
			-4,106
			530
			-272
			-6
			1,915
			154
			426
			758
			61
			3,407
			158
			181
			300
			-136
			-563
			-55
			-66
			369
			1,865
			-451
			-76
			448
			-56
			-107
			-135
			-78
			1,150
			5
			14
			140
			-475
			-14
			-31
			505
			426
			-57
			462
			-99
			88
			-213
			159
			317
			-291
			628
			-3
			508
			66
			55
			21
			-62
			1,094
			202
			20
			-42
			-27
			-16
			-2
			410
			106
			777
			149
			125
			-173
			125
			-190
			-845
			-307
			400
			70
			161
			2
			71
			124
			-329
			603
			1,914
			62
			860
			-538
			1,684
			416
			1,433
			-13
			144
			29
			-1,278
			105
			718
			438
			-102
			-41
			1,396
			939
			602
			-21
			-18
			-16
			-2,455
			-1,675
			-1,269
			-81
			-53
			-279
			-20
			-77
			35
			-41
			72
			-147
			-70
			85
			1,295
			-191
			-128
			-180
			1,206
			-16
			-273
			224
			-80
			-104
			131
			174
			-70
			-280
			60
			220
			279
			-453
			65
			-680
			-206
			-40
			-49
			-28
			181
			299
			5
			-16
			-237
			-377
			-5
			4
			266
			259
			34
			142
			133
			-106
			111
			-195
			-94
			-667
			-555
			-159
			-100
			42
			123
			9,226
			49
			-849
			-271
			-1,116
			-145
			19
			136
			-95
			1,131
			-4,026
			144

			841
			-44
			121
			2,144
			-6

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	90,539
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))
2014	157,760	3,472,251	0.045435
2013	149,610	3,232,396	0.046285
2012	143,114	3,026,749	0.047283
2011	138,401	3,026,337	0.045732
2010	132,951	2,892,508	0.045964

Total of line 1, column (d) .....................

20.230699

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 . . .

0.04614

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

3,437,262

Multiply line 4 by line 3......................

158,595

Enter 1% of net investment income (1% of Part I, line 27b)...........

1,352

Add lines 5 and 6........................

159,947

Enter qualifying distributions from Part XII, line 4.............

165,930

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 (2015)

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 here and 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	1,352
	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	1,352
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,352
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	7,456
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	7,456
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	6,104
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax676	Refunded	11	5,428

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

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

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

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

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

PNC BANK NA Telephone no. bullet

(412) 762-2950

Located at bullet

620 LIBERTY AVENUE 10TH FLPITTSBURGHPA ZIP+4 bullet

15222

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 2015, 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

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 2015?.............

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 2015, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2015?.............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 2015 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 2015.)..................

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 2015?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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 (2015)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PNC BANK N A	TRUSTEE 7	32,508
620 LIBERTY AVENUE PITTSBURGH,PA152222705	TRUSTEE 7	32,508

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

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

Form 990-PF (2015)

Page 8

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

3,490,228

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

-622

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

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

3,489,606

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

3,489,606

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

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

52,344

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

3,437,262

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

171,863

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

171,863

Tax on investment income for 2015 from Part VI, line 5......

1,352

Income tax for 2015. (This does not include the tax from Part VI.)...

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

1,352

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

170,511

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

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

170,511

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

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

170,511

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 ..........

165,930

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

165,930

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

1,352

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

164,578

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 (2015)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2014	(c) 2014	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7					170,511
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				159,428
b Total for prior years:2013, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	0
b From 2011......	0
c From 2012......	0
d From 2013......	0
e From 2014......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2015 from Part
XII, line 4: $ 165,930
a Applied to 2014, but not more than line 2a				159,428
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 2015 distributable amount.....					6,502
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2015.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					164,009
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 2010 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2011....	0
b Excess from 2012....	0
c Excess from 2013....	0
d Excess from 2014....	0
e Excess from 2015....	0

Form 990-PF (2015)

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 2015, 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) 2015	(b) 2014	(c) 2013	(d) 2012	(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 (2015)

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
WESLEYAN UNIVERSITY 318 HIGH STREET MIDDLETOWN,CT064590472	NONE	PC	GENERAL SUPPORT	159,428
Total ................................. 3a				159,428

bApproved for future payment

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

Form 990-PF (2015)

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 ...........
4 Dividends and interest from securities....			14	74,140
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	90,539
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aSANOFI SPONSORED A			14	1
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				164,680

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

13164,680

(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 (2015)

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 organizations?

Yes

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 EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	1,074,291	1,023,631
MUTUAL FUNDS - EQUITY	AT COST	1,061,861	1,035,749

Description	Revenue and Expenses per Books	Net Investment Income
MAP MANAGEMENT FEES	3,230	3,230
ADR SERVICE FEES	8	8
PARTNERSHIP - EXPENSE		2

Category	Amount	Net Investment Income
FOREIGN TAXES	48	48
FEDERAL TAX PAYMENT - PRIOR YE	3,128	0
FEDERAL ESTIMATES - PRINCIPAL	7,456	0

Description	Amount
MYLAN TAX COST ADJUSTMENT	983
ROUNDING ADJ FOR SALES AND TRANSACTIONS	3
BAXTER TAX COST ADJUSTMENT	273