Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
DEGROOTE G R & E SCHOLARSHIP TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 75000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI482757874
A Employer identification number

37-6390934
B Telephone number (see instructions)

(612) 217-6901
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,436,427J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 73,292 72,659  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 176,824
b Gross sales price for all assets on line 6a 912,476
7 Capital gain net income (from Part IV, line 2)... 176,824
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).......      
12 Total. Add lines 1 through 11........ 250,116 249,483  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 44,269 42,291   1,978
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).... 35,221 35,221   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 5,360 505   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)....... 32 32    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 84,882 78,049 0 1,978
25 Contributions, gifts, grants paid....... 122,360 122,360
26 Total expenses and disbursements. Add lines 24 and 25 207,242 78,049 0 124,338
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 42,874
b Net investment income (if negative, enter -0-) 171,434
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 37,215 67,237 67,237
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 266,976 Click to see attachment257,638 252,317
b Investments—corporate stock (attach schedule)....... 1,438,504 Click to see attachment1,424,542 2,335,143
c Investments—corporate bonds (attach schedule)....... 750,186 Click to see attachment785,576 781,730
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,492,881 2,534,993 3,436,427
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 2,492,881 2,534,993
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 2,492,881 2,534,993
31 Total liabilities and net assets/fund balances (see instructions). 2,492,881 2,534,993
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,492,881
2
Enter amount from Part I, line 27a .....................
2
42,874
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,535,755
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
762
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,534,993
Form 990-PF (2015)
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 11. LIBERTY BROADBAND CORP RIS 12/31/2015   2009-02-12 2015-01-05
b 54. HOME DEPOT INC   2003-03-14 2015-01-16
c 30. TARGET CORP   2014-01-22 2015-01-16
d 48. TARGET CORP   2010-12-09 2015-01-16
e 55. TARGET CORP   2014-01-22 2015-01-20
135. TARGET CORP   2014-06-12 2015-01-20
59. CVS CORPORATION (DEL)   2012-06-01 2015-01-21
43000. UNITED STATES TREASURY 1.375% 11/30/201   2014-01-14 2015-01-21
54. DIRECTV   2003-03-14 2015-01-28
129. COVIDIEN PLC   2004-05-17 2015-01-28
97. DIRECTV   2003-03-14 2015-01-30
.324 MEDTRONIC PLC   2015-01-28 2015-01-30
57. ANHEUSER BUSCH INBEV SA/NV ADR   2012-06-01 2015-02-05
34. KIMBERLY CLARK CORP   2012-06-01 2015-02-05
25000. AMERICAN EXPRESS CR CORP 1.3% 07/29/2016   2013-08-09 2015-02-09
105. SYNCHRONY FINL   2014-07-31 2015-02-17
79000. FEDERAL HOME LN MTG CORP PREASSIGN 00066   2014-07-29 2015-02-18
2000. PETROBRAS INTL 3.500% 02/06/17   2014-03-27 2015-02-25
24000. PETROBRAS INTL 3.500% 02/06/17   2013-08-15 2015-02-25
20. BIOGEN IDEC INC   2003-03-14 2015-03-09
26. BIOGEN IDEC INC   2003-03-14 2015-03-09
16. VISA INC CL A   2011-02-15 2015-03-09
202. QUALCOMM INC   2011-08-23 2015-03-10
1000. VERIZON COMMUNICATIONS 3.65% 09/14/2018   2015-03-26 2015-04-23
25000. VERIZON COMMUNICATIONS 3.65% 09/14/2018   2013-11-06 2015-04-23
19. AMAZON COM INC   2012-06-01 2015-04-24
118. COMCAST CORP SPECIAL CL A   2003-03-14 2015-04-24
17. WALT DISNEY CO   2003-03-14 2015-04-24
35. HONEYWELL INTERNATIONAL INC   2013-06-01 2015-04-24
67. UNITEDHEALTH GROUP INC   2013-04-18 2015-04-24
.104 GOOGLE INC CL C   2008-09-22 2015-05-05
67. AKAMAI TECHNOLOGIES   2009-07-30 2015-05-13
41. AMERICAN EXPRESS CO   2012-10-19 2015-05-13
18. ANTHEM INC   2014-01-29 2015-05-13
54. AUTODESK INC (DEL)   2003-03-14 2015-05-13
10. BLACKROCK INC   2010-05-21 2015-05-13
59. BRISTOL MYERS SQUIBB CO   2014-03-24 2015-05-13
109. BROADCOM CORP   2013-08-08 2015-05-13
28. CHEVRONTEXACO CORP   2012-07-20 2015-05-13
49. WALT DISNEY CO   2003-03-14 2015-05-13
63. EBAY INC   2010-02-05 2015-05-13
138. FREEPORT-MCMORAN COPPER & GOLD, INC CL B   2013-08-07 2015-05-13
58. GENERAL ELECTRIC CO   2013-10-21 2015-05-13
121. GENERAL ELECTRIC CO   2013-10-21 2015-05-13
24. HOME DEPOT INC   2003-03-14 2015-05-13
30. ILLINOIS TOOL WKS INC   2013-06-01 2015-05-13
24. MERCK & CO INC NEW   2009-11-18 2015-05-13
41. NIKE INC CL B   2011-06-07 2015-05-13
107. PALL CORPORATION   2003-08-21 2015-05-13
33. PHILIP MORRIS INTL INC   2012-06-01 2015-05-13
24. SCHLUMBERGER LTD   2011-11-08 2015-05-13
20. SCHLUMBERGER LTD   2014-10-17 2015-05-13
96. SCHWAB CHARLES CORP NEW   2009-02-19 2015-05-13
24. TIME WARNER CABLE INC   2013-06-12 2015-05-13
41. TOWERS WATSON & CO CL A   2014-06-03 2015-05-13
26. UNITED TECHNOLOGIES CORP   2013-01-28 2015-05-13
88. WELLS FARGO & CO NEW   2010-12-21 2015-05-13
41. YUM! BRANDS INC   2014-02-27 2015-05-13
42. EATON CORP PLC   2012-12-01 2015-05-13
1. TE CONNECTIVITY LTD   2007-08-31 2015-05-13
80. TE CONNECTIVITY LTD   2007-08-31 2015-05-13
65. PALL CORPORATION   2003-08-21 2015-05-14
24. PALL CORPORATION   2003-08-21 2015-05-15
22. PALL CORPORATION   2003-08-21 2015-05-18
41. HOME DEPOT INC   2003-03-14 2015-05-20
16. MARTIN MARIETTA MATERIALS INC   2014-02-07 2015-05-20
51000. FEDERAL NATL MTG ASSN 1.875% 09/18/2018   2015-02-18 2015-06-12
2000. JPMORGAN CHASE & CO NT 4.4% 07/22/2020   2015-03-26 2015-06-12
23000. JPMORGAN CHASE & CO NT 4.4% 07/22/2020   2013-08-15 2015-06-12
6000. UNITED STATES TREASURY 2.375% 08/15/202   2015-01-21 2015-06-12
65. CROWN HOLDINGS INC   2013-10-31 2015-06-18
55. TIME WARNER INC   2012-04-17 2015-06-18
15. TOWERS WATSON & CO CL A   2014-05-20 2015-07-02
16. TOWERS WATSON & CO CL A   2014-06-12 2015-07-06
26. TOWERS WATSON & CO CL A   2014-07-02 2015-07-07
6. TOWERS WATSON & CO CL A   2014-09-09 2015-07-08
16. TOWERS WATSON & CO CL A   2014-07-02 2015-07-08
15. TOWERS WATSON & CO CL A   2014-09-09 2015-07-09
21. TOWERS WATSON & CO CL A   2014-09-24 2015-07-10
95. CITRIX SYS INC   2013-05-17 2015-07-29
50. CVS CORPORATION (DEL)   2012-08-07 2015-08-04
82. CAMERON INTL CORP   2013-10-24 2015-08-26
4. PRECISION CASTPARTS   2014-09-08 2015-08-27
14. PRECISION CASTPARTS   2014-09-08 2015-08-27
54. PRECISION CASTPARTS   2014-08-07 2015-08-27
1. PRECISION CASTPARTS   2015-06-18 2015-09-02
11. PRECISION CASTPARTS   2015-06-18 2015-09-02
18. PRECISION CASTPARTS   2015-06-18 2015-09-02
8000. AMERICAN EXPRESS CR CORP 2.25% 08/15/201   2015-02-09 2015-09-03
4000. APPLE INC 1% 05/03/2018   2013-05-08 2015-09-03
2000. CVS/CAREMARK CORP 5.75% 06/01/2017   2015-03-12 2015-09-03
2000. CVS/CAREMARK CORP 5.75% 06/01/2017   2013-10-16 2015-09-03
2000. COMCAST CORP 5.15% 03/01/2020   2015-03-12 2015-09-03
1000. COMCAST CORP 5.15% 03/01/2020   2011-12-07 2015-09-03
2000. ENTERPRISE PRODS OPER LLC 4.05% 02/15/20   2015-03-12 2015-09-03
1000. ENTERPRISE PRODS OPER LLC 4.05% 02/15/20   2012-02-01 2015-09-03
2000. FEDERAL NATL MTG ASSN 5.25% 09/15/2016   2013-08-09 2015-09-03
3000. FEDERAL NATL MTG ASSN 1.875% 09/18/2018   2015-02-18 2015-09-03
5000. FEDERAL HOME LN MTG CORP 3.75% 03/27/201   2014-06-17 2015-09-03
7000. FEDERAL HOME LN MTG CORP 2.375% 01/13/20   2012-10-25 2015-09-03
3000. FEDERAL HOME LN MTG CORP 1.25% 05/12/201   2014-05-01 2015-09-03
2000. GENERAL ELEC CAP CORP 5.3% 02/11/2021   2013-09-25 2015-09-03
2000. GILEAD SCIENCES INC 3.7% 04/01/2024-2024   2014-03-05 2015-09-03
3000. MERRILL LYNCH 6.4% 08/28/2017   2015-03-12 2015-09-03
2000. RIO TINTO FIN USA PLC 1.625% 08/21/2017   2015-03-26 2015-09-03
3000. U S BANCORP MEDIUM TERM 1.95% 11/15/2018   2015-03-26 2015-09-03
5000. UNITED STATES TREASURY 2.375% 08/15/202   2015-01-21 2015-09-03
2000. UNITED STATES TREASURY 3.375% 11/15/201   2015-01-21 2015-09-03
1000. UNITED STATES TREASURY 3.125% 04/30/201   2014-05-06 2015-09-03
2000. UNITED STATES TREASURY DTD 00330 2.625%   2012-01-19 2015-09-03
1000. WELLS FARGO COMPANY 3.5% 03/08/2022   2013-01-14 2015-09-03
1000. WELLS FARGO COMPANY 3.5% 03/08/2022   2015-03-26 2015-09-03
20000. FEDERAL NATL MTG ASSN 1.5% 06/22/2020   2015-06-12 2015-09-08
690. CABLEVISION SYSTEMS CORP   2013-08-08 2015-09-17
116. VODAFONE GROUP PLC ADR   2013-09-06 2015-09-28
30. FMC TECHNOLOGIES INC   2014-10-22 2015-10-01
16. FMC TECHNOLOGIES INC   2014-10-22 2015-10-02
3000. KRAFT FOODS INC. 4.125% 02/09/2016   2015-05-01 2015-10-22
23000. KRAFT FOODS INC. 4.125% 02/09/2016   2013-08-15 2015-10-22
3. PRECISION CASTPARTS   2015-01-21 2015-10-22
16. PRECISION CASTPARTS   2015-01-21 2015-10-23
21. PRECISION CASTPARTS   2015-01-21 2015-10-27
61000. FEDERAL NATL MTG ASSN 5.25% 09/15/2016   2014-07-29 2015-10-29
77. E M C CORP   2014-07-21 2015-11-03
173. E M C CORP   2014-07-21 2015-11-03
84. E M C CORP   2014-07-21 2015-11-04
96. E M C CORP   2014-02-26 2015-11-04
76. E M C CORP   2014-02-26 2015-11-05
104. E M C CORP   2011-11-08 2015-11-05
11. AMAZON COM INC   2014-04-25 2015-11-06
10. WALT DISNEY CO   2003-03-14 2015-11-06
19000. ENTERPRISE PRODS OPER LLC 4.05% 02/15/20   2013-09-25 2015-11-20
44. CAMERON INTL CORP   2011-11-08 2015-11-24
90. CITRIX SYS INC   2013-05-28 2015-11-24
141. GENERAL ELECTRIC CO   2014-10-09 2015-12-03
32. CAMERON INTL CORP   2011-08-05 2015-12-04
30. FMC TECHNOLOGIES INC   2015-03-24 2015-12-09
112. VISA INC CL A   2011-02-15 2015-12-09
5. FMC TECHNOLOGIES INC   2015-03-24 2015-12-10
57. FMC TECHNOLOGIES INC   2014-09-25 2015-12-10
64. FMC TECHNOLOGIES INC   2014-09-25 2015-12-11
88. FMC TECHNOLOGIES INC   2014-10-22 2015-12-14
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 88     88
b 5,584   1,242 4,342
c 2,232   1,768 464
d 3,572   2,846 726
e 4,052   3,240 812
9,945   7,818 2,127
5,845   2,644 3,201
43,442   44,054 -612
4,615   566 4,049
13,907   4,588 9,319
8,281   1,017 7,264
23   25 -2
7,059   3,752 3,307
3,743   2,568 1,175
25,105   25,134 -29
3,360   2,415 945
81,080   81,884 -804
1,866   2,025 -159
22,392   24,210 -1,818
8,284   602 7,682
10,769   783 9,986
4,334   1,216 3,118
14,655   10,384 4,271
1,063   1,061 2
26,567   26,615 -48
8,516   617 7,899
6,993   2,143 4,850
1,863   273 1,590
3,589   1,901 1,688
7,964   2,602 5,362
58   23 35
5,091   1,182 3,909
3,276   2,330 946
2,850   1,565 1,285
3,165   397 2,768
3,651   1,643 2,008
3,972   3,099 873
5,080   2,881 2,199
3,011   3,024 -13
5,345   786 4,559
3,692   1,974 1,718
3,110   2,417 693
1,572   1,519 53
3,280   3,170 110
2,669   552 2,117
2,870   1,653 1,217
1,417   842 575
4,187   1,675 2,512
13,282   2,597 10,685
2,784   2,756 28
2,220   1,835 385
1,850   1,907 -57
3,046   1,248 1,798
3,670   1,785 1,885
5,397   4,525 872
3,050   2,335 715
4,897   2,701 2,196
3,681   2,990 691
3,056   2,180 876
69   35 34
5,555   2,800 2,755
8,047   1,577 6,470
2,970   582 2,388
2,724   534 2,190
4,611   943 3,668
2,437   1,800 637
51,954   51,981 -27
2,155   2,189 -34
24,778   22,848 1,930
6,016   6,277 -261
3,597   2,830 767
4,860   1,923 2,937
1,924   1,638 286
2,079   1,744 335
3,357   2,808 549
768   643 125
2,048   1,692 356
1,927   1,607 320
2,710   2,131 579
7,158   6,428 730
5,555   2,236 3,319
4,919   4,497 422
916   971 -55
3,206   3,400 -194
12,366   12,577 -211
229   212 17
2,522   2,335 187
4,127   3,791 336
8,013   8,062 -49
3,966   3,983 -17
2,148   2,198 -50
2,148   2,289 -141
2,249   2,285 -36
1,125   1,130 -5
2,043   2,126 -83
1,021   1,039 -18
2,097   2,276 -179
3,067   3,058 9
5,424   5,472 -48
7,145   7,263 -118
3,028   3,033 -5
2,260   2,171 89
2,037   2,011 26
3,259   3,330 -71
1,991   2,009 -18
3,022   3,044 -22
5,101   5,230 -129
2,162   2,193 -31
1,041   1,066 -25
2,083   2,173 -90
1,035   1,060 -25
1,035   1,059 -24
19,859   19,690 169
22,593   4,221 18,372
3,620   6,534 -2,914
903   1,576 -673
481   841 -360
3,027   3,078 -51
23,211   24,167 -956
693   628 65
3,692   3,349 343
4,839   4,222 617
63,535   67,867 -4,332
2,020   2,178 -158
4,538   4,894 -356
2,197   2,312 -115
2,511   2,535 -24
1,983   1,903 80
2,713   2,596 117
7,236   3,388 3,848
1,157   160 997
19,252   19,660 -408
3,020   2,150 870
6,838   5,834 1,004
4,237   3,590 647
2,113   1,531 582
922   1,116 -194
8,800   2,115 6,685
154   186 -32
1,758   3,103 -1,345
1,878   3,485 -1,607
2,563   4,570 -2,007
      32
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       88
b       4,342
c       464
d       726
e       812
      2,127
      3,201
      -612
      4,049
      9,319
      7,264
      -2
      3,307
      1,175
      -29
      945
      -804
      -159
      -1,818
      7,682
      9,986
      3,118
      4,271
      2
      -48
      7,899
      4,850
      1,590
      1,688
      5,362
      35
      3,909
      946
      1,285
      2,768
      2,008
      873
      2,199
      -13
      4,559
      1,718
      693
      53
      110
      2,117
      1,217
      575
      2,512
      10,685
      28
      385
      -57
      1,798
      1,885
      872
      715
      2,196
      691
      876
      34
      2,755
      6,470
      2,388
      2,190
      3,668
      637
      -27
      -34
      1,930
      -261
      767
      2,937
      286
      335
      549
      125
      356
      320
      579
      730
      3,319
      422
      -55
      -194
      -211
      17
      187
      336
      -49
      -17
      -50
      -141
      -36
      -5
      -83
      -18
      -179
      9
      -48
      -118
      -5
      89
      26
      -71
      -18
      -22
      -129
      -31
      -25
      -90
      -25
      -24
      169
      18,372
      -2,914
      -673
      -360
      -51
      -956
      65
      343
      617
      -4,332
      -158
      -356
      -115
      -24
      80
      117
      3,848
      997
      -408
      870
      1,004
      647
      582
      -194
      6,685
      -32
      -1,345
      -1,607
      -2,007
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 176,824
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 175,693 3,531,923 0.049744
2013 149,281 3,234,980 0.046146
2012 120,164 2,865,343 0.041937
2011 149,776 2,777,996 0.053915
2010 141,452 2,664,217 0.053093
2
Total of line 1, column (d) .....................
20.244835
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
0.048967
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,452,538
5
Multiply line 4 by line 3......................
5
169,060
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,714
7
Add lines 5 and 6........................
7
170,774
8
Enter qualifying distributions from Part XII, line 4.............
8
124,338
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)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,429
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,429
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 3,429
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 4,380
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 4,380
8 Enter any penalty for underpayment of estimated tax. if 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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 951
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet951 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletCOMERICA BANK Telephone no.bullet (877) 405-1091

    Located atbullet101 NORTH MAIN STREETANN ARBORMI ZIP+4bullet48104
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 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
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 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.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    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
    VINCENT VANACEK CO TRUSTEE
    1     		24,486    
    2 OTTAWA AVENUE
    CENTERPORT,NY11721
    COMERICA BANK TRUST NA TRUSTEE
    1     		19,783    
    PO BOX 75000
    DETROIT,MI482757874
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    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)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,420,156
    b
    Average of monthly cash balances.......................
    1b
    84,959
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,505,115
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,505,115
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    52,577
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,452,538
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    172,627
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    172,627
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    3,429
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,429
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    169,198
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    169,198
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    169,198
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    124,338
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    124,338
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    124,338
    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)
    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 7 169,198
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 102,197
    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: bullet$ 124,338
    a Applied to 2014, but not more than line 2a 102,197
    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..... 22,141
    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 ..........     		147,057
    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)
    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 section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    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)
    aPaid during the year
    SAINT LEO UNIVERSITY INC
    PO BOX 6665
    ST LEO,FL335746665     		NONE EXEMPT SCHOLARSHIPS 122,360
    Total .................................bullet 3a 122,360
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    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
    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 73,292  
    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 ............     		    18 176,824  
    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)..   250,116  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13250,116
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN:
    37-6390934
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CR 1.3% 26,163 26,005
    APPLE INC 1% 26,651 26,781
    CVS/CAREMARK CORP 5.75% 27,285 25,411
    COMCAST CORP 5.15% 24,980 26,816
    ENTERPRISE PRODS 4.05% 20,222 18,989
    FED HOME LN MTG CORP 3.75% 63,415 62,098
    FED HOME LN MTG CORP 2.375% 72,250 73,000
    GENERAL ELEC CAP CORP 5.3% 23,620 25,935
    GILEAD SCIENCES INC 3.7% 24,132 24,584
    GOLDMAN SACHS 1.4546% 26,281 26,118
    JPMORGAN CHASE & CO 4.4% 26,086 26,385
    MERRILL LYNCH 6.4% 26,691 25,709
    TIME WARNER INC 4.75% 25,559 25,797
    WELLS FARGO COMPANY 3.5% 25,118 24,728
    FED NATL MTG ASSN 1.625% 68,448 67,744
    FED NATL MTG ASSN 1.5% 35,441 35,552
    FED NATL MTG ASSN 1.875 26,503 26,364
    FED HOME LN MTG CORP 1.25% 58,632 58,090
    ACTAVIS FDG SCS 3.25% 27,221 27,028
    US BANCORP MEDIUM TERM 1.95% 25,342 25,154
    VERIZON COMMUNICATIONS 3.5% 26,809 25,680
    HSBC HOLDINGS PLC 4% 28,617 28,344
    RIO TINTO FIN USA PLC 1.625% 24,797 24,641
    AMERICAN INTL GROUP INC 3.75% 25,313 24,777

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN:
    37-6390934
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADT CORP 6,864 8,245
    AMC NETWORKS INC 664 6,497
    AIR PRODUCTS & CHEMICAL 5,312 8,847
    AKAMAI TECHNOLOGIES 11,838 22,894
    ALTRIA GROUP INC 10,095 18,336
    AMAZON COM INC 6,417 43,933
    AMERICAN EXPRESS CO 32,776 34,080
    AMERICAN TOWER REIT 5,608 7,853
    AMGEN INC 12,995 18,506
    ANADARKO PETE 20,629 22,104
    ANHEUSER BUSCH INBEV 13,197 28,500
    ANTHEM INC 8,341 18,127
    APPLE INC 10,007 19,368
    AUTODESK INC 2,360 19,559
    BANK NEW YORK MELLON 5,718 12,160
    BIOGEN IDEC INC 24,673 57,594
    BLACKROCK INC 10,953 25,198
    BRISTOL MYERS SQUIBB 11,683 16,647
    BROADCOM CORP 10,510 23,186
    CVS/CAREMARK CORP 19,680 60,129
    CAMERON INTL CORP 6,567 8,974
    CAPITAL ONE FINL CORP 7,742 11,188
    CELGENE CORP 7,675 31,497
    CHEVRON CORPORATION 13,170 14,214
    CITIGROUP INC 14,678 15,266
    CITRIX SYS INC 17,924 22,317
    COCA COLA CO 11,476 22,984
    COMCAST CORP 20,863 68,957
    CREE INC 13,085 10,935
    CROWN HOLDINGS INC 9,480 14,196
    DISNEY WALT CO 3,272 21,436
    DISH NETWORK CORP 12,345 25,617
    DOLBY LABORATORIES INC 5,037 5,552
    EMC CORP 12,562 13,867
    EBAY INC 3,922 12,009
    EXXON MOBIL CORPORATION 25,316 16,993
    FACEBOOK INC 5,799 25,118
    FLUOR CORP 8,352 11,805
    FREEPORT-MCMORAN COPPER 26,719 12,186
    GENERAL ELECTRIC CO 20,591 39,405
    GRAINGER WW INC 20,037 16,207
    HALLIBURTON CO 50,916 13,446
    HOME DEPOT INC 7,131 40,998
    HONEYWELL INTERNATIONAL 11,947 22,785
    ILLINOIS TOOL WORKS INC 9,918 16,682
    IMMUNOGEN INC 3,096 5,428
    IBM CORP 9,193 6,606
    JPMORGAN CHASE & CO 13,165 34,071
    JOHNSON & JOHNSON 19,190 39,034
    KIMBERLY CLARK CORP 7,703 12,985
    L-3 COMMUNICATIONS HLDGS 8,311 22,707
    LIBERTY BROADBAND CORP-A 26 826
    LIBERTY BROADBAND CORP-C 52 1,660
    LIBERTY MEDIA HLDG CORP INTER 1,293 13,797
    LIBERTY MEDIA HLDG CORP 226 3,203
    LIBERTY MEDIA CORP 80 2,512
    LIBERTY MEDIA CORP C 152 4,874
    LINKEDIN CORP 12,248 15,080
    MARSH & MCLENNAN COS 9,069 15,803
    MARTIN MARIETTA MATERIALS 8,404 9,970
    MERCK & CO INC 13,235 19,015
    METLIFE INC 8,814 10,365
    MICROSOFT CORP 17,785 39,391
    MONSANTO CO 11,138 17,241
    MOTOROLA SOLUTIONS INC 11,317 15,196
    NASDAQ STOCK MARKET INC 5,941 15,590
    NATIONAL OILWELL VARCO INC 28,466 19,759
    NIKE INC 3,800 11,625
    NOVARTIS A G ADR 6,214 10,325
    NOW INC 6,187 3,765
    NUANCE COMMUNICATIONS 19,392 23,669
    NUCOR CORP 11,130 11,083
    PHILIP MORRIS INTL 18,959 19,956
    PROGRESSIVE CORP 4,938 7,314
    RED HAT INC 13,975 23,187
    REGENERON PHARMACEUTICALS 7,200 13,029
    ROYAL DUTCH SHELL PLC 10,521 7,097
    SANDISK CORP 10,855 25,457
    SCHLUMBERGER LTD 37,266 37,665
    SCHWAB CHARLES CORP 5,621 14,621
    SEMPRA ENERGY 9,843 14,290
    STARZ 84 5,025
    STATE STREET CORP 10,024 16,325
    SUNCOR ENERGY INC 8,549 7,740
    SYNCHRONY FINL 6,554 8,667
    TARGET CORP 15,030 19,242
    TEVA PHARMACEUTICAL INDS 10,257 15,491
    TEXAS INSTRS INC 4,777 15,073
    THERMO FISHER SCIENTIFIC 5,874 22,412
    TIME WARNER INC 11,831 19,401
    TIME WARNER CABLE INC 10,859 27,096
    TRAVELERS COS INC 15,735 17,493
    TWENTY-FIRST CENTY FOX INC 16,583 14,977
    TWENTY-FIRST CENTY FOX INC 15,435 12,901
    US BANCORP 15,894 22,402
    UNITED PARCEL SERVICE 12,574 16,167
    UNITED TECHNOLOGIES CORP 11,059 13,354
    UNITEDHEALTH GROUP INC 11,531 64,173
    VERTEX PHARMACEUTICALS 3,010 14,219
    VISA INC CL A 6,733 27,918
    WELLS FARGO & CO 15,030 28,158
    XILINX INC 14,477 15,735
    XEROX CORP 9,054 12,171
    YUM! BRANDS INC 12,001 13,222
    ZOETIS INC 15,197 21,804
    EATON CORP PLC 11,739 11,605
    WEATHERFORD INTERNATIONAL 23,016 16,889
    SEAGATE TECHNOLOGY 14,130 23,646
    PENTAIR PLC 4,024 5,894
    TYCO INTERNATIONAL PLC 10,502 15,945
    TE CONNECTIVITY LTD 22,365 41,673
    DISCOVERIES COMMUNICATIONS INC 10,075 8,938
    ECOLAB INC 10,999 11,324
    CME GROUP INC 8,467 13,046
    AETNA INC 14,575 14,921
    IONIS PHARMACEUTICALS 1,138 7,741
    ROCKWELL COLLINS 11,775 11,630
    ADOBE SYS INC 11,181 13,715
    ALPHABET INC CL C 8,450 28,837
    ALPHABET INC CL A 6,039 25,674
    PAYPAL HLDGS INC 6,138 16,290
    WMWARE INC CL A 14,213 10,069
    WESTERN DIGITAL CORP 13,156 12,130
    TWITTER INC 13,014 11,917
    ALERGAN PLC 9,857 37,500
    MEDTRONIC PLC 9,888 10,000

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN:
    37-6390934
    US Government Securities - End of Year Book Value:

    257,638
    US Government Securities - End of Year Fair Market Value:

    252,317
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2015 OtherDecreasesSchedule
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN:
    37-6390934
    Description Amount
    DIFFERENCE BETWEEN CASH RECEIPTS AND TAXABLE INCOME 762