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
ROBERT SIDNEY NEEDHAM FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTE, NC28262
A Employer identification number

30-0562220
B Telephone number (see instructions)

(855) 739-2920
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$7,176,244J 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... 150,280 148,203  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 360,866
b Gross sales price for all assets on line 6a 5,266,720
7 Capital gain net income (from Part IV, line 2)... 360,866
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)....... Click to see attachment 7,063 7,063  
12 Total. Add lines 1 through 11........ 518,209 516,132  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 99,287 68,325   30,962
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)....... Click to see attachment 1,000 0 0 1,000
c Other professional fees (attach schedule).... Click to see attachment 874 874   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,313 3,978   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)....... Click to see attachment 1,050     1,050
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 108,524 73,177 0 33,012
25 Contributions, gifts, grants paid....... 370,000 370,000
26 Total expenses and disbursements. Add lines 24 and 25 478,524 73,177 0 403,012
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 39,685
b Net investment income (if negative, enter -0-) 442,955
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............. 263 13,538 13,538
2 Savings and temporary cash investments......... 648,049 542,880 542,880
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)   Click to see attachment316,146 314,960
b Investments—corporate stock (attach schedule)....... 4,422,574 Click to see attachment5,144,225 5,380,269
c Investments—corporate bonds (attach schedule)....... 1,875,999 Click to see attachment967,492 924,597
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) 6,946,885 6,984,281 7,176,244
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........ 6,946,885 6,984,281
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)..... 6,946,885 6,984,281
31 Total liabilities and net assets/fund balances (see instructions). 6,946,885 6,984,281
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
6,946,885
2
Enter amount from Part I, line 27a .....................
2
39,685
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
40,217
4
Add lines 1, 2, and 3 ..........................
4
7,026,787
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
42,506
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,984,281
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 119. ABBOTT LABS   2014-10-29 2015-03-09
b 89. ABBOTT LABS   2014-02-28 2015-03-09
c 51. ADOBE SYS INC   2014-02-28 2015-03-09
d 76. ADOBE SYS INC   2015-01-29 2015-03-09
e 18. ALEXION PHARMACEUTICALS INC   2014-04-30 2015-03-09
21. ALEXION PHARMACEUTICALS INC   2014-02-28 2015-03-09
119. ALIBABA GROUP HOLDING LTD   2015-01-29 2015-03-09
19. AMAZON COM INC COM   2014-12-19 2015-03-09
24. AMAZON COM INC COM   2014-02-28 2015-03-09
40. AMERICAN TOWER CORP   2014-02-28 2015-03-09
27. AMERICAN TOWER CORP   2014-04-30 2015-03-09
112. APPLE INC   2014-02-28 2015-03-09
154. APPLE INC   2014-12-19 2015-03-09
111. ARM HOLDINGS PLC - ADR   2015-02-10 2015-03-09
40. ARM HOLDINGS PLC - ADR   2014-02-28 2015-03-09
1495.199 ARTISAN FDS INC SMALL CAP FD #660   2014-01-15 2015-03-03
1552.798 ARTISAN FDS INC SMALL CAP FD #660   2014-01-15 2015-03-27
3962.072 ARTISAN INTERNATIONAL FD INS #662   2013-09-26 2015-11-11
2709.087 ARTISAN SMALL CAP FUND-INS #2452   2014-01-15 2015-11-11
8. BAIDU INC ADR   2015-02-12 2015-03-09
4115. BARCLAYS BANK PLC IPATH BLOOMBERG CO   2014-12-09 2015-03-03
49. BIOMARIN PHARMACEUTICAL INC   2014-03-01 2015-03-09
37. BIOMARIN PHARMACEUTICAL INC   2014-12-11 2015-03-09
3. BIOGEN INC   2014-02-28 2015-02-06
22. BIOGEN INC   2014-12-01 2015-03-09
24. BIOGEN INC   2014-02-28 2015-03-09
30. BOEING CO   2014-02-28 2015-03-09
31. BOEING CO   2014-06-05 2015-03-09
93. BRISTOL MYERS SQUIBB CO   2014-02-28 2015-03-09
118. BRISTOL MYERS SQUIBB CO   2014-10-30 2015-03-09
6. CANADIAN PAC RY LTD   2014-02-28 2015-01-14
6. CANADIAN PAC RY LTD   2014-02-28 2015-01-15
17. CANADIAN PAC RY LTD   2014-04-30 2015-03-09
12. CANADIAN PAC RY LTD   2014-02-28 2015-03-09
4. CELGENE CORP COM   2014-07-30 2015-02-27
3. CELGENE CORP COM   2014-07-30 2015-03-02
4. CELGENE CORP COM   2014-07-31 2015-03-03
50. CELGENE CORP COM   2014-02-28 2015-03-09
55. CELGENE CORP COM   2014-07-31 2015-03-09
1. CHIPOTLE MEXICAN GRILL INC   2014-02-28 2015-01-30
1. CHIPOTLE MEXICAN GRILL INC   2014-02-28 2015-01-30
4. CHIPOTLE MEXICAN GRILL INC   2014-02-28 2015-03-09
4. CHIPOTLE MEXICAN GRILL INC   2014-04-30 2015-03-09
20. CONCHO RESOURCES INC   2014-02-28 2015-03-09
35. CONCHO RESOURCES INC   2014-08-21 2015-03-09
35. COSTCO WHOLESALE CORP   2014-12-10 2015-03-09
36. COSTCO WHOLESALE CORP   2014-02-28 2015-03-09
4459.217 DIAMOND HILL LONG-SHORT FD CL I #11   2014-02-18 2015-03-25
68. WALT DISNEY CO   2014-02-28 2015-03-09
50. WALT DISNEY CO   2014-04-30 2015-03-09
14587.641 DODGE & COX INCOME FD COM #147   2015-06-09 2015-11-23
9492.692 DRIEHAUS ACTIVE INCOME FUND   2013-02-04 2015-09-15
16. DUNKIN' BRANDS GROUP INC   2014-04-30 2015-01-05
16. DUNKIN' BRANDS GROUP INC   2014-04-30 2015-01-05
21857.923 EATON VANCE FLOATING RATE FD-I #924   2013-09-26 2015-06-12
7963.71 EATON VANCE GLOBAL MACRO - I #0088   2013-02-04 2015-06-08
120. FACEBOOK INC   2014-02-28 2015-03-09
141. FACEBOOK INC   2014-08-14 2015-03-09
18. FIREEYE INC   2014-03-07 2015-03-09
92. FIREEYE INC   2015-01-30 2015-03-09
13. FLEETCOR TECHNOLOGIES INC   2014-02-28 2015-03-09
34. FLEETCOR TECHNOLOGIES INC   2014-12-22 2015-03-09
4885.683 JP MORGAN MID CAP VALUE-I #758   2010-01-19 2015-11-19
56. GILEAD SCIENCES INC   2014-05-05 2015-03-09
24. GILEAD SCIENCES INC   2014-02-28 2015-03-09
9060.979 GOLDMAN SACHS GRTH OPP FD-I #1132   2010-01-19 2015-03-03
5. GOOGLE INC   2014-02-28 2015-03-09
12. GOOGLE INC   2015-01-23 2015-03-09
5. GOOGLE INC-CL C   2014-02-28 2015-03-09
12. GOOGLE INC-CL C   2015-01-23 2015-03-09
1920.123 OAKMARK INTERNATIONAL FD #109   2013-10-10 2015-03-03
27. ILLUMINA INC   2014-02-28 2015-03-09
22. ILLUMINA INC   2014-04-30 2015-03-09
3. INCYTE CORPORATION, INC.   2014-02-28 2015-03-05
3. INCYTE CORPORATION, INC.   2014-02-28 2015-03-06
12. INCYTE CORPORATION, INC.   2014-02-28 2015-03-09
13. INCYTE CORPORATION, INC.   2014-04-30 2015-03-09
4965. ISHARES MSCI EMERGING MARKETS   2015-06-08 2015-09-03
485. ISHARES IBOXX $ INVESTMENT   2014-10-06 2015-08-20
2550. ISHARES IBOXX $ INVESTMENT   2014-10-06 2015-11-23
268. ISHARES RUSSELL 1000 ETF   2014-10-27 2015-07-21
793.434 JPMORGAN HIGH YIELD FUND SS #3580   2015-07-15 2015-09-01
76. KROGER CO   2015-02-09 2015-03-09
15425.779 LAZARD EMERGING MKTS PTFL #638   2008-10-14 2015-03-03
23. LENDINGCLUB CORP   2015-01-15 2015-03-09
22. LINKEDIN CORP   2014-07-23 2015-03-09
26. LINKEDIN CORP   2014-02-28 2015-03-09
101. MARRIOTT INTERNATIONAL INC CLASS A   2014-10-13 2015-03-09
123. MASTERCARD INC   2014-02-28 2015-03-09
105. MASTERCARD INC   2014-04-30 2015-03-09
58. MCGRAW-HILL FINANCIAL INC   2014-12-11 2015-03-09
18. MEAD JOHNSON NUTRITION CO   2014-02-28 2015-03-09
14. MEAD JOHNSON NUTRITION CO   2014-04-30 2015-03-09
77. MONDELEZ INTERNATIONAL INC   2014-10-27 2015-03-09
102. MONDELEZ INTERNATIONAL INC   2014-02-28 2015-03-09
56. MONSANTO CO NEW   2014-02-28 2015-03-09
32. MONSANTO CO NEW   2014-12-22 2015-03-09
22. MORGAN STANLEY   2014-12-10 2015-01-20
22. MORGAN STANLEY   2014-12-10 2015-01-20
92. MORGAN STANLEY   2014-02-28 2015-03-09
89. MORGAN STANLEY   2014-12-04 2015-03-09
12. NETFLIX.COM INC   2014-10-31 2015-03-09
9. NETFLIX.COM INC   2014-02-28 2015-03-09
6742.78 NEUBERGER BERMAN S/C GR-INS #1817   2010-01-19 2015-03-03
5. NIKE INC CL B   2015-01-23 2015-02-06
5. NIKE INC CL B   2015-01-23 2015-02-06
76. NIKE INC CL B   2014-02-28 2015-03-09
65. NIKE INC CL B   2015-01-26 2015-03-09
121. NOVO NORDISK A/S - ADR   2014-02-28 2015-03-09
106. NOVO NORDISK A/S - ADR   2014-08-01 2015-03-09
2. O'REILLY AUTOMOTIVE INC   2014-07-28 2015-01-12
11. O'REILLY AUTOMOTIVE INC   2014-02-28 2015-03-09
23. O'REILLY AUTOMOTIVE INC   2014-10-15 2015-03-09
4766.444 OPPENHEIMER DEVELOPING MKT-I #799   2013-09-26 2015-10-09
3089.966 PIMCO EMERG MKTS BD-INST #137   2015-05-12 2015-06-08
4353.717 PIMCO EMERG MKTS BD-INST #137   2009-03-19 2015-06-08
11657.977 PIMCO EMERG MKTS BD-INST #137   2009-03-19 2015-07-14
3848.576 PIMCO FOREIGN BOND (UNHEDGED) #1853   2013-06-11 2015-05-12
6256.164 PIMCO FOREIGN BOND (UNHEDGED) #1853   2013-06-11 2015-06-08
10332.223 PIMCO EMERGING LOCAL BOND IS #332   2013-02-04 2015-05-12
7581.666 PIMCO EMERGING LOCAL BOND IS #332   2012-02-09 2015-08-20
9. PRECISION CASTPARTS CORP   2014-02-28 2015-01-16
8. PRECISION CASTPARTS CORP   2014-02-28 2015-01-16
8. PRECISION CASTPARTS CORP   2014-04-30 2015-01-16
9. PRECISION CASTPARTS CORP   2014-04-30 2015-01-20
4. THE PRICELINE GROUP INC.   2014-02-28 2015-03-09
5. THE PRICELINE GROUP INC.   2014-04-30 2015-03-09
19138.756 PRINCIPAL PREFERRED SEC-INS #4929   2015-03-25 2015-07-14
1409.353 BOSTON P LNG/SHRT RES-INS   2015-03-03 2015-07-14
71. RED HAT INC   2014-05-28 2015-03-09
36. RED HAT INC   2014-02-28 2015-03-09
19531.25 T ROWE PRICE INST FLOAT RATE #170   2013-09-26 2015-07-14
1459.627 T ROWE PRICE REAL ESTATE FD #122   2014-02-18 2015-09-25
26. SBA COMMUNICATIONS CORP   2014-10-27 2015-03-09
20. SBA COMMUNICATIONS CORP   2014-03-01 2015-03-09
83. SALESFORCE COM INC   2014-12-02 2015-03-09
98. SALESFORCE COM INC   2014-02-28 2015-03-09
75. SCHLUMBERGER LTD   2014-11-04 2015-03-09
37. SCHLUMBERGER LTD   2014-02-28 2015-03-09
500. AMEX CONSUMER DISCR SPDR   2015-08-11 2015-10-20
39. SHIRE PLC ADR   2015-01-12 2015-03-09
45. SPLUNK INC   2014-09-16 2015-03-09
47. SPLUNK INC   2014-02-28 2015-03-09
46. STARBUCKS CORP COM   2014-02-28 2015-03-09
48. STARBUCKS CORP COM   2014-04-30 2015-03-09
4576.043 TCW FUNDS SELECT EQUITIES-I #4730   2011-05-11 2015-11-19
60. TJX COMPANIES INC   2014-04-30 2015-03-09
13222.686 TEMPLETON EMER MKT S/C-ADV #626   2013-02-04 2015-03-03
20. TESLA MOTORS INC   2015-01-23 2015-03-09
9. TESLA MOTORS INC   2014-02-28 2015-03-09
5. TIFFANY & CO NEW   2014-12-02 2015-01-12
5. TIFFANY & CO NEW   2014-12-02 2015-01-13
49. TIFFANY & CO NEW   2014-11-26 2015-03-09
16. TIFFANY & CO NEW   2014-03-03 2015-03-09
34. TRIPADVISOR INC   2014-07-24 2015-03-09
24. TRIPADVISOR INC   2014-02-28 2015-03-09
34. TWENTY FIRST CENTURY FOX INC   2014-09-10 2015-02-25
34. TWENTY FIRST CENTURY FOX INC   2014-02-28 2015-02-27
13. TWENTY FIRST CENTURY FOX INC   2014-02-28 2015-03-02
12. TWENTY FIRST CENTURY FOX INC   2014-03-26 2015-03-02
25. TWENTY FIRST CENTURY FOX INC   2014-03-26 2015-03-03
24. TWENTY FIRST CENTURY FOX INC   2014-04-30 2015-03-04
25. TWENTY FIRST CENTURY FOX INC   2014-04-30 2015-03-09
26. TWITTER INC   2014-02-28 2015-03-09
125. TWITTER INC   2014-11-13 2015-03-09
5165. E-TRACS ALERIAN MLP INFRASTRUCTURE   2015-05-12 2015-10-09
25. UNDER ARMOUR INC   2014-04-30 2015-03-09
66. UNDER ARMOUR INC   2014-02-28 2015-03-09
42. UNION PACIFIC CORP   2014-02-28 2015-03-09
32. UNION PACIFIC CORP   2014-04-30 2015-03-09
4506. VANGUARD FTSE EMERGING MARKETS ETF   2015-03-03 2015-10-06
26. VERTEX PHARMACEUTICALS INC COM   2014-04-30 2015-03-09
15. VERTEX PHARMACEUTICALS INC COM   2014-02-28 2015-03-09
119. VIPSHOP HOLDINGS LTD -ADR   2015-01-07 2015-03-09
22. VISA INC-CLASS A SHRS   2014-04-30 2015-03-09
31. VISA INC-CLASS A SHRS   2014-02-28 2015-03-09
22. VMWARE INC   2014-02-28 2015-03-09
10. VMWARE INC   2014-04-30 2015-03-09
35463.212 WF SHORT-TERM BOND FUND-I#3102   2014-01-23 2015-07-15
25. WORKDAY INC   2014-02-28 2015-03-09
46. WORKDAY INC   2015-02-02 2015-03-09
43. ACTAVIS PLC   2015-02-25 2015-03-09
10. MICHAEL KORS HOLDINGS LTD   2014-02-21 2015-01-06
14. MICHAEL KORS HOLDINGS LTD   2014-03-26 2015-01-07
15. MICHAEL KORS HOLDINGS LTD   2014-03-26 2015-01-08
4. PERRIGO CO PLC   2014-12-23 2015-01-30
5. PERRIGO CO PLC   2014-12-23 2015-02-02
6. PERRIGO CO PLC   2014-12-23 2015-02-03
5. PERRIGO CO PLC   2014-12-15 2015-02-04
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 5,531   4,719 812
b 4,137   3,554 583
c 3,965   3,528 437
d 5,908   5,113 795
e 3,281   2,835 446
3,827   3,791 36
10,003   11,378 -1,375
7,188   6,048 1,140
9,080   8,718 362
3,879   3,263 616
2,618   2,227 391
14,341   8,437 5,904
19,719   13,340 6,379
5,942   5,028 914
2,141   2,143 -2
44,258   45,753 -1,495
46,320   47,516 -1,196
117,317   115,000 2,317
81,462   83,317 -1,855
1,696   1,630 66
119,377   132,930 -13,553
5,573   3,915 1,658
4,208   2,829 1,379
1,218   1,042 176
9,178   6,618 2,560
10,013   8,334 1,679
4,598   3,893 705
4,752   4,018 734
6,067   5,101 966
7,698   6,191 1,507
1,049   948 101
1,070   948 122
3,197   2,601 596
2,257   1,896 361
487   357 130
363   267 96
468   354 114
5,905   4,101 1,804
6,495   4,190 2,305
711   569 142
714   569 145
2,632   2,275 357
2,632   2,017 615
2,226   2,424 -198
3,895   4,771 -876
5,242   4,233 1,009
5,392   4,220 1,172
107,333   88,124 19,209
7,066   5,532 1,534
5,196   3,967 1,229
197,079   200,000 -2,921
97,870   102,046 -4,176
679   773 -94
675   731 -56
196,066   200,000 -3,934
74,461   76,904 -2,443
9,554   8,274 1,280
11,226   9,132 2,094
775   1,498 -723
3,961   3,797 164
1,991   1,704 287
5,207   4,247 960
179,500   86,320 93,180
5,682   4,278 1,404
2,435   2,006 429
259,325   182,824 76,501
2,854   3,056 -202
6,851   6,615 236
2,834   3,046 -212
6,802   6,522 280
47,600   50,000 -2,400
5,241   4,738 503
4,271   3,067 1,204
275   201 74
267   201 66
1,085   804 281
1,175   659 516
164,686   200,265 -35,579
56,216   57,763 -1,547
294,682   303,703 -9,021
31,846   29,308 2,538
5,800   6,022 -222
5,660   5,320 340
268,563   222,440 46,123
462   511 -49
5,817   3,719 2,098
6,875   5,370 1,505
8,223   5,826 2,397
11,129   9,637 1,492
9,500   7,733 1,767
5,882   5,201 681
1,827   1,479 348
1,421   1,194 227
2,711   2,695 16
3,591   3,493 98
6,615   6,156 459
3,780   3,623 157
754   833 -79
759   818 -59
3,267   2,838 429
3,160   2,904 256
5,459   4,297 1,162
4,094   4,058 36
211,184   92,542 118,642
466   482 -16
462   482 -20
7,377   5,974 1,403
6,309   5,042 1,267
5,637   5,769 -132
4,938   4,758 180
370   304 66
2,250   1,668 582
4,705   3,409 1,296
150,000   176,438 -26,438
31,549   32,197 -648
44,451   36,021 8,430
118,678   96,454 22,224
37,062   39,371 -2,309
58,370   64,001 -5,631
82,761   111,415 -28,654
54,815   80,365 -25,550
1,710   2,338 -628
1,581   2,078 -497
1,602   2,042 -440
1,845   2,252 -407
4,861   5,422 -561
6,076   5,900 176
195,407   200,000 -4,593
22,000   21,859 141
4,732   3,637 1,095
2,399   2,139 260
198,242   200,000 -1,758
37,600   32,827 4,773
3,163   2,592 571
2,433   1,912 521
5,368   4,479 889
6,339   6,191 148
6,221   7,308 -1,087
3,069   3,469 -400
39,360   39,033 327
9,228   8,269 959
2,813   2,753 60
2,938   4,502 -1,564
4,249   3,267 982
4,434   3,450 984
136,000   83,752 52,248
4,087   3,546 541
165,151   158,540 6,611
3,887   4,138 -251
1,749   2,243 -494
444   536 -92
433   536 -103
4,178   4,651 -473
1,364   1,490 -126
2,913   3,223 -310
2,056   2,433 -377
1,189   1,162 27
1,189   1,140 49
456   436 20
421   394 27
881   820 61
847   777 70
862   800 62
1,228   1,430 -202
5,902   5,365 537
156,834   202,585 -45,751
1,870   1,230 640
4,938   3,777 1,161
4,883   3,799 1,084
3,721   3,020 701
155,854   186,408 -30,554
3,284   1,815 1,469
1,895   1,245 650
3,014   2,607 407
5,951   4,626 1,325
8,385   7,054 1,331
1,892   2,130 -238
860   919 -59
312,076   312,431 -355
2,066   2,738 -672
3,801   3,827 -26
12,496   10,624 1,872
675   985 -310
950   1,345 -395
1,042   1,396 -354
610   671 -61
762   817 -55
906   954 -48
755   771 -16
      85,692
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       812
b       583
c       437
d       795
e       446
      36
      -1,375
      1,140
      362
      616
      391
      5,904
      6,379
      914
      -2
      -1,495
      -1,196
      2,317
      -1,855
      66
      -13,553
      1,658
      1,379
      176
      2,560
      1,679
      705
      734
      966
      1,507
      101
      122
      596
      361
      130
      96
      114
      1,804
      2,305
      142
      145
      357
      615
      -198
      -876
      1,009
      1,172
      19,209
      1,534
      1,229
      -2,921
      -4,176
      -94
      -56
      -3,934
      -2,443
      1,280
      2,094
      -723
      164
      287
      960
      93,180
      1,404
      429
      76,501
      -202
      236
      -212
      280
      -2,400
      503
      1,204
      74
      66
      281
      516
      -35,579
      -1,547
      -9,021
      2,538
      -222
      340
      46,123
      -49
      2,098
      1,505
      2,397
      1,492
      1,767
      681
      348
      227
      16
      98
      459
      157
      -79
      -59
      429
      256
      1,162
      36
      118,642
      -16
      -20
      1,403
      1,267
      -132
      180
      66
      582
      1,296
      -26,438
      -648
      8,430
      22,224
      -2,309
      -5,631
      -28,654
      -25,550
      -628
      -497
      -440
      -407
      -561
      176
      -4,593
      141
      1,095
      260
      -1,758
      4,773
      571
      521
      889
      148
      -1,087
      -400
      327
      959
      60
      -1,564
      982
      984
      52,248
      541
      6,611
      -251
      -494
      -92
      -103
      -473
      -126
      -310
      -377
      27
      49
      20
      27
      61
      70
      62
      -202
      537
      -45,751
      640
      1,161
      1,084
      701
      -30,554
      1,469
      650
      407
      1,325
      1,331
      -238
      -59
      -355
      -672
      -26
      1,872
      -310
      -395
      -354
      -61
      -55
      -48
      -16
       
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 2 360,866
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 375,583 7,880,785 0.047658
2013 348,221 7,818,417 0.044539
2012 338,004 7,339,875 0.04605
2011 387,575 7,023,543 0.055182
2010 255,796 6,554,256 0.039027
2
Total of line 1, column (d) .....................
20.232456
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
0.046491
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
7,483,584
5
Multiply line 4 by line 3......................
5
347,919
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,430
7
Add lines 5 and 6........................
7
352,349
8
Enter qualifying distributions from Part XII, line 4.............
8
403,012
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 4,430
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 4,430
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 4,430
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 3,840
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 3,840
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 9 590
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 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)
    bulletNJ
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (855) 739-2920

    Located atbullet1W 4TH ST 2ND FLOORWINSTON SALEMNC ZIP+4bullet271013818
    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
    WELLS FARGO BANK NA CO-TRUSTEE
    40     		74,725    
    1525 W WT HARRIS BLVD
    CHARLOTTE,NC28288
    NINA STACK CO-TRUSTEE
    4     		12,281    
    79 OLD YORK ROAD
    NEW HOPE,PA18938
    JOHN B NEWMAN ESQ CO- TRUSTEE
    4     		12,281    
    THE ARMOUR BLDG 32 MERCER ST
    HACKENSACK,NJ07601
    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
    7,049,511
    b
    Average of monthly cash balances.......................
    1b
    548,036
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,597,547
    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
    7,597,547
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    113,963
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,483,584
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    374,179
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    374,179
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    4,430
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,430
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    369,749
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    369,749
    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
    369,749
    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
    403,012
    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
    403,012
    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
    4,430
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    398,582
    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 7 369,749
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 206,345
    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$ 403,012
    a Applied to 2014, but not more than line 2a 206,345
    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..... 196,667
    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 ..........     		173,082
    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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Wells Fargo Philanthropic Services
    One West Fourth Street
    Winston Salem,NC27101
    (888) 234-1999
    grantadministration@wellsfargo.com
    bThe form in which applications should be submitted and information and materials they should include:
    Apply online at www.welssfargo.com/privatefoundationgrants/needham Scholarship committee chooses students for award - committee consists of college faculty, staff and the financial aid staff
    cAny submission deadlines:
    April 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Must be a graduate of a New Jersey high and have a GPA of 3.0 or better. Priority will be given to students from Passaic High School and Fairleigh Dickinson Univ.
    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
    CENTER FOR SCHOLARSHIPS
    ADMINISTRATION
    POST OFFICE BOX 1465
    TAYLORS,SC296870031     		NONE POF SCHOLARSHIPS 15,000
    GEORGIAN COURT UNIVERSITY
    900 LAKEWOOD AVENUE
    LAKEWOOD,NJ08701     		NONE PC SCHOLARSHIPS 10,000
    DREW UNIVERSITY
    36 MADISON AVE
    MADISON,NJ07940     		NONE PC SCHOLARSHIPS 10,000
    BLOOMFIELD COLLEGE
    467 FRANKLIN ST
    BLOOMFIELD,NJ07003     		NONE PC SCHOLARSHIPS 10,000
    FAIRLEIGH DICKINSON UNIVERSITY
    1000 RIVER ROAD H-DH3-12
    TEANECK,NJ07666     		NONE PC SCHOLARSHIPS 50,000
    SETON HALL UNIVERSITY
    COLLEGE OF NURSING
    457 CENTRE STREET
    SOUTH ORANGE,NJ07079     		NONE PC SCHOLARSHIPS 10,000
    NJ INSTITUTE OF TECHNOLOGY
    323 DR MARTIN KUTHER KING JR BLVD
    NEWARK,NJ07102     		NONE PC SCHOLARSHIPS 75,000
    PASSAIC COUNTY COMMUNITY COLLEGE
    FOUNDATION
    ONE COLLEGE BLVD
    PATERSON,NJ075051102     		NONE PC SCHOLARSHIPS 20,000
    UNION COUNTY COLLEGE FDN
    1033 SPRINGFIELD AVENUE
    CRANFORD,NJ07016     		NONE PC SCHOLARSHIPS 20,000
    OCEAN COUNTY COLLEGE FDN
    1 COLLEGE DRIVE
    TOMS RIVER,NJ087542001     		NONE PC SCHOLARSHIPS 20,000
    SUSSEX COUNTY COMM COLL
    ONE COLLEGE HILL ROAD
    NEWTON,NJ07860     		NONE PC SCHOLARSHIPS 20,000
    THE COLLEGE OF NJ FDN
    2000 PENNINGTON ROAD
    EWING,NJ086280718     		NONE PC SCHOLARSHIPS 10,000
    ROWAN UNIVERSITY FOUNDATION
    201 MULLICA HILL ROAD
    GLASSBORO,NJ08028     		NONE PC SCHOLARSHIPS 10,000
    THOMAS EDISON STATE COLLEGE
    101 W STATE STREET
    TRENTON,NJ086081176     		NONE PC SCHOLARSHIPS 10,000
    WILLIAM PATERSON UNIVERSITY OF
    NEW JERSEY
    300 POMPTON ROAD
    WAYNE,NJ07470     		NONE PC SCHOLARSHIPS 10,000
    PASSAIC HIGH SCHOOL
    170 PAULISON AVENUE
    PASSAIC,NJ07055     		NONE PC SCHOLARSHIPS 10,000
    MONTCLAIR STATE UNIVERSITY
    1 NORMAL AVENUE
    UPPER MONTCLAIR,NJ07043     		NONE PC SCHOLARSHIPS 10,000
    MIDDLESEX COUNTY COLLEGE FDN
    2600 WOODBRIDGE AVENUE
    EDISON,NJ08818     		NONE PC SCHOLARSHIPS 20,000
    RARITAN VALLEY COMMUNITY COLLEGE
    P OBOX 3300
    SOMERVILLE,NJ088761265     		NONE PC SCHOALRSHIPS 20,000
    NEW JERSEY CITY UNIVERSITY FDN
    2039 KENNEDY BLVD
    JERSEY CITY,NJ07305     		NONE PC SCHOLARSHIPS 10,000
    Total .................................bullet 3a 370,000
    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....     14 150,280  
    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 ............     		    18 360,866  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aMUTUAL FUND INCOME     		    14 7,063  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   518,209  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13518,209
    (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 AccountingFeesSchedule
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,000     1,000

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 ExpenditureResponsibilityStmt
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    CENTER FOR SCHOLARSHIP ADMINISTRATION
          		PO BOX 1465
    TAYLORS,SC296870031     		2015-07-21 15,000 NEEDHAM DISTINGUISHED SCHOLAR AWARD   NO DIVERSIONS BY GRANTEE 06/25/2015 2015-06-25 DISTINGUISHED SCHOLAR AWARD WAS PAID TO AWARD WINNER.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Name of Bond End of Year Book Value End of Year Fair Market Value
    693391559 PIMCO EMERG MKTS BD-    
    72201F516 PIMCO EMERGING LOCAL    
    262028855 DRIEHAUS ACTIVE INCO    
    277911491 EATON VANCE FLOATING    
    693390882 PIMCO FOREIGN BD FD 249,518 231,390
    722005220 PIMCO FOREIGN BOND (    
    77958B402 T ROWE PRICE INST FL    
    464287242 ISHARES IBOXX $ INVE 29,775 28,503
    949917652 WF ADV SHORT-TERM BO    
    031162AZ3 AMGEN INC 16,650 16,537
    037833AK6 APPLE INC 17,553 17,539
    06051GEC9 BANK OF AMERICA CORP 22,504 22,215
    084664BE0 BERKSHIRE HATHAWAY 19,692 19,537
    166751AJ6 CHEVRON CORP 19,830 19,611
    20825CAR5 CONOCOPHILLIPS 24,520 23,812
    260543CF8 DOW CHEMICAL CO/THE 12,692 12,581
    315920702 FID ADV EMER MKTS IN 149,949 144,741
    36962G5J9 GENERAL ELEC CAP COR 24,543 24,358
    38141GFG4 GOLDMAN SACHS GROUP 19,547 19,386
    406216BD2 HALLIBURTON COMPANY 18,119 17,666
    464288588 ISHARES MBS ETF 40,821 40,388
    46625HHU7 JPMORGAN CHASE & CO 19,302 19,095
    4812C0803 JPMORGAN HIGH YIELD 145,978 131,644
    494550AY2 KINDER MORGAN ENER 12,315 12,304
    713448BN7 PEPSICO INC 19,735 19,550
    742718DY2 PROCTER & GAMBLE CO/ 22,073 21,984
    816851AN9 SEMPRA ENERGY 12,357 12,218
    87612EAN6 TARGET CORP 15,501 15,389
    887317AF2 TIME WARNER INC 7,662 7,568
    913017BV0 UNITED TECHNOLOGIES 12,263 12,213
    92343VBR4 VERIZON COMMUNICATIO 7,827 7,695
    931142CU5 WAL-MART STORES INC 19,309 19,259
    94973VAS6 WELLPOINT INC 7,457 7,414

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Name of Stock End of Year Book Value End of Year Fair Market Value
    002824100 ABBOTT LABS    
    097023105 BOEING CO    
    037833100 APPLE INC    
    023135106 AMAZON COM INC COM    
    64110L106 NETFLIX.COM INC    
    741503403 THE PRICELINE GROUP    
    855244109 STARBUCKS CORP COM    
    582839106 MEAD JOHNSON NUTRITI    
    151020104 CELGENE CORP COM    
    740189105 PRECISION CASTPARTS    
    00724F101 ADOBE SYS INC    
    79466L302 SALESFORCE COM INC    
    92826C839 VISA INC-CLASS A SHR    
    339128100 JP MORGAN MID CAP VA 67,983 134,188
    38142Y401 GOLDMAN SACHS GRTH O    
    411511306 HARBOR INTERNATION F 244,946 318,959
    52106N889 LAZARD EMERGING MKTS    
    641224530 NEUBERGER BERMAN S/C    
    779919109 T ROWE PRICE REAL ES 145,047 297,895
    87234N302 TCW FUNDS SELECT EQU 265,079 407,163
    552983470 MFS RESEARCH INTL FD 273,400 290,062
    00203H859 AQR MANAGED FUTURES 164,081 160,163
    04314H204 ARTISAN INTERNATIONA    
    06738C778 BARCLAYS BANK PLC IP 75,056 57,969
    25264S833 DIAMOND HILL LONG-SH    
    277923728 EATON VANCE GLOBAL M    
    413838202 OAKMARK INTERNATIONA    
    88019R690 TEMPLETON EMER MKT S    
    015351109 ALEXION PHARMACEUTIC    
    01609W102 ALIBABA GROUP HOLDIN    
    03027X100 AMERICAN TOWER CORP    
    042068106 ARM HOLDINGS PLC - A    
    04314H105 ARTISAN FDS INC SMAL    
    09061G101 BIOMARIN PHARMACEUTI    
    09062X103 BIOGEN IDEC INC    
    110122108 BRISTOL MYERS SQUIBB    
    13645T100 CANADIAN PAC RY LTD    
    169656105 CHIPOTLE MEXICAN GRI    
    20605P101 CONCHO RESOURCES INC    
    22160K105 COSTCO WHOLESALE COR    
    254687106 WALT DISNEY CO    
    265504100 DUNKIN' BRANDS GROUP    
    30303M102 FACEBOOK INC    
    31816Q101 FIREEYE INC    
    339041105 FLEETCOR TECHNOLOGIE    
    375558103 GILEAD SCIENCES INC    
    38259P508 GOOGLE INC    
    38259P706 GOOGLE INC-CL C    
    452327109 ILLUMINA INC    
    45337C102 INCYTE CORPORATION,    
    464287622 ISHARES RUSSELL 1000 210,518 218,122
    53578A108 LINKEDIN CORP    
    571903202 MARRIOTT INTERNATION    
    57636Q104 MASTERCARD INC    
    580645109 MCGRAW-HILL FINANCIA    
    609207105 MONDELEZ INTERNATION    
    61166W101 MONSANTO CO NEW    
    617446448 MORGAN STANLEY    
    654106103 NIKE INC CL B    
    670100205 NOVO NORDISK A/S - A    
    67103H107 O'REILLY AUTOMOTIVE    
    683974604 OPPENHEIMER DEVELOPI 183,772 162,121
    74925K581 BOSTON P LNG/SHRT RE 224,782 218,826
    756577102 RED HAT INC    
    77954Q106 T ROWE PRICE BLUE CH 200,000 219,566
    78388J106 SBA COMMUNICATIONS C    
    78463X863 SPDR DJ WILSHIRE INT 243,422 213,008
    806857108 SCHLUMBERGER LTD    
    82481R106 SHIRE PLC ADR    
    848637104 SPLUNK INC    
    872540109 TJX COS INC NEW    
    88160R101 TESLA MOTORS INC    
    886547108 TIFFANY & CO NEW    
    896945201 TRIPADVISOR INC    
    90130A101 TWENTY FIRST CENTURY    
    90184L102 TWITTER INC    
    904311107 UNDER ARMOUR INC    
    907818108 UNION PACIFIC CORP    
    92532F100 VERTEX PHARMACEUTICA    
    928563402 VMWARE INC    
    92914A810 VOYA INTL RL EST FD 160,470 140,762
    98138H101 WORKDAY INC    
    G0083B108 ACTAVIS PLC    
    G60754101 MICHAEL KORS HOLDING    
    G97822103 PERRIGO CO PLC    
    00770G847 JOHCM INTERNATIONAL 73,500 72,320
    04314H600 ARTISAN MID CAP FUND 147,000 142,746
    34984T857 GOLDEN SMALL CAP COR 177,901 173,000
    34984T881 GOLDEN LARGE CAP COR 250,000 235,797
    411511504 HARBOR CAPITAL APRCT 222,000 213,258
    464287234 ISHARES MSCI EMERGIN 118,676 112,665
    464287465 ISHARES MSCI EAFE ET 85,089 74,457
    464287499 ISHARES RUSSELL MID- 325,510 300,338
    464287614 ISHARES RUSSELL 1000 98,592 99,480
    464287655 ISHARES RUSSELL 2000 221,187 202,716
    464288885 ISHARES MSCI EAFE GR 160,224 152,005
    46434V803 ISHA CURR HEDGED MSC 73,593 70,485
    74253Q580 PRINCIPAL INV R/E SE 128,000 130,279
    74255L696 PRINCIPAL GL MULT ST 90,000 87,438
    81369Y209 HEALTH CARE SELECT S 75,590 72,030
    81369Y407 AMEX CONSUMER DISCR 70,263 72,299
    81369Y605 FINANCIAL SELECT SEC 48,117 47,660
    81369Y803 AMEX TECHNOLOGY SELE 76,031 77,094
    902641646 E-TRACS ALERIAN MLP 70,647 68,016
    922042858 VANGUARD FTSE EMERGI 173,749 137,382

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    US Government Securities - End of Year Book Value:

    316,146
    US Government Securities - End of Year Fair Market Value:

    314,960
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2015 OtherDecreasesSchedule
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Description Amount
    MUTUAL FUND POSTING DATE AFTER TYE 34,122
    ROC BASIS ADJUSTMENT 2,873
    ROUNDING 5
    CAP LOSS POSTING CURR EFF PRIOR 550
    ACCD INT POSTING CURR EFF NEXT YR 4,956


    TY 2015 OtherExpensesSchedule
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CSA - SCHOLARSHIP ADMIN FEE 1,050 0   1,050


    TY 2015 OtherIncomeSchedule2
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MUTUAL FUND INCOME 7,063 7,063  


    TY 2015 OtherIncreasesSchedule
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Description Amount
    MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE 40,217


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    JENNISON ASSOC - ADVISERS FEE 874 874    


    TY 2015 TaxesSchedule
    Name:
    ROBERT SIDNEY NEEDHAM FDN
    EIN:
    30-0562220
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - PRINCIPAL 2,335 0   0
    FOREIGN TAXES ON QUALIFIED FOR 2,739 2,739   0
    FOREIGN TAXES ON NONQUALIFIED 1,239 1,239   0