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
Merit Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)15 South Pine Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Mount Prospect, IL60056
A Employer identification number

36-4156727
B Telephone number (see instructions)

(847) 253-4055
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$735,054J 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) 99,806
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 21,754 21,754  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 149,802
b Gross sales price for all assets on line 6a 570,503
7 Capital gain net income (from Part IV, line 2)... 149,802
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,218 3,218  
12 Total. Add lines 1 through 11........ 274,580 174,774  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,200      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 125      
b Accounting fees (attach schedule)....... Click to see attachment 950      
c Other professional fees (attach schedule).... Click to see attachment 9,419 9,419   9,419
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 459      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 12,980      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 212      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 25,345 9,419   9,419
25 Contributions, gifts, grants paid....... 37,890 37,890
26 Total expenses and disbursements. Add lines 24 and 25 63,235 9,419   47,309
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 211,345
b Net investment income (if negative, enter -0-) 165,355
c Adjusted net income (if negative, enter -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............. 3,175 9,047 9,047
2 Savings and temporary cash investments......... 9,867 16,654 16,654
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 429,298 Click to see attachment555,427 630,735
c Investments—corporate bonds (attach schedule)....... 94,900 Click to see attachment83,611 78,618
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) 15,481 15,481  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 552,721 680,220 735,054
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 552,721 680,220
30 Total net assets or fund balances (see instructions)..... 552,721 680,220
31 Total liabilities and net assets/fund balances (see instructions). 552,721 680,220
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
552,721
2
Enter amount from Part I, line 27a .....................
2
211,345
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
764,066
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
83,846
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
680,220
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 190 shrs Brunswick Corp P 2006-10-30 2015-02-04
b 14 shrs Brunswick Corp P 2009-11-24 2015-02-04
c 23 shrs Brunswick Corp P 2010-03-16 2015-02-04
d 44 shrs Hartford Finl Svcs Grp Inc P 2009-07-31 2015-02-06
e 77 shrs Hartford Finl Svcs Grp Inc P 2011-10-17 2015-02-06
270 shrs Textron Inc P 2006-10-30 2015-02-11
35 shrs Energizer Holdings Inc P 2009-07-01 2015-02-17
15 shrs Energizer Holdings Inc P 2010-03-08 2015-02-17
6 shrs Energizer Holdings Inc P 2010-03-15 2015-02-17
3 shrs Energizer Holdings Inc P 2010-03-16 2015-02-17
5 shrs Energizer Holdings Inc P 2011-12-20 2015-02-17
62 shrs Clorox Co P 2006-10-30 2015-03-02
3 shrs Clorox Co P 2014-06-12 2015-03-02
75 shrs Conocophillips P 2006-10-30 2015-03-13
33 shrs Clorox Co P 2006-10-30 2015-05-06
3 shrs Clorox Co P 2010-03-15 2015-05-06
62 shrs 3M Company P 2006-10-30 2015-06-22
5 shrs Abbvie Inc P 2006-10-30 2015-06-22
75 shrs Aetna Inc P 2006-10-30 2015-06-22
42 shrs Altria Group Inc P 2006-10-30 2015-06-22
15 shrs Altria Group Inc P 2009-11-24 2015-06-22
11 shrs Altria Group Inc P 2010-03-17 2015-06-22
7 shrs American Express Co P 2006-10-30 2015-06-22
6 shrs Ameriprise Financial Inc P 2009-07-01 2015-06-22
8 shrs Ameriprise Financial Inc P 2010-03-08 2015-06-22
13 shrs Ameriprise Financial Inc P 2010-03-16 2015-06-22
12 shrs Ameriprise Financial Inc P 2011-10-17 2015-06-22
88 shrs Berkshire Hathaway Inc CL B P 2006-10-30 2015-06-22
24 shrs Chevron Corp P 2006-10-30 2015-06-22
20 shrs Chevron Corp P 2010-03-08 2015-06-22
122 shrs Cigna Corporation Com P 2006-10-30 2015-06-22
98 shrs Dow Chemical Co P 2006-10-30 2015-06-22
37 shrs General Mills Inc P 2006-10-30 2015-06-22
72 shrs Honeywell Intl Inc P 2006-10-30 2015-06-22
35 shrs Kimberly Clark Corp P 2006-10-30 2015-06-22
12 shrs Lockheed Martin Corp P 2006-10-30 2015-06-22
12 shrs Microsoft Corp P 2015-02-15 2015-06-22
13 shrs Philip Morris International P 2006-10-30 2015-06-22
17 shrs Phillips 66 P 2006-10-30 2015-06-22
41 shrs Public Svc Enterprise Grp P 2006-10-30 2015-06-22
43 shrs Target Corp P 2006-10-30 2015-06-22
21 shrs Wells Fargo & Co P 2006-10-30 2015-06-22
10 shrs Wells Fargo & Co P 2010-03-16 2015-06-22
50 shrs Kraft Foods Group Inc Cl A P 2006-10-30 2015-07-06
165 shrs Waste Management Inc P 2006-10-30 2015-08-05
24 shrs Waste Management Inc P 2009-07-31 2015-08-05
3 shrs Waste Management Inc P 2010-03-16 2015-08-05
36 shrs Waste Management Inc P 2015-06-22 2015-08-05
44 shrs Kimberly Clark Corp P 2006-10-30 2015-09-09
12 shrs Kimberly Clark Corp P 2010-03-15 2015-09-09
4 shrs Kimberly Clark Corp P 2010-03-17 2015-09-09
33.3333 shrs Kraft Heinz Co P 2006-10-30 2015-09-09
4 shrs Kraft Heinz Co P 2010-03-15 2015-09-09
2.6667 shrs Kraft Heinze Co P 2010-03-16 2015-09-09
10 shrs Kraft Heinze Co P 2015-06-22 2015-09-09
45 shrs AGL Resources Inc P 2006-10-30 2015-10-20
15 shrs AGL Resources Inc P 2011-12-20 2015-10-20
8 shrs AGL Resources Inc P 2015-06-22 2015-10-20
74.964 shrs Baron Real Estate Fund P 2014-04-21 2015-01-26
358.907 shrs Blackrock Global Long/Short P 2013-02-15 2015-01-26
467.088 shrs Blackrock Global Long/Short P 2013-06-14 2015-01-26
29.217 shrs Blackrock Global Long/Short P 2013-11-21 2015-01-26
5.852 shrs Blackrock Global Long/Short P 2014-04-21 2015-01-26
71 shrs Claymore Guggenheim Enhance P 2013-06-20 2015-01-26
6 shrs Claymore Guggenheim Enhance P 2014-04-21 2015-01-26
187 shrs Claymore Guggenheim Enhance P 2014-08-05 2015-01-26
11 shrs Deutsche X-Trackers MSCI P 2014-09-26 2015-01-26
357 shrs Global X Next Emerging P 2014-04-21 2015-01-26
8 Ishrs Core S&P 500 P 2012-03-08 2015-01-26
2 Ishrs Core S&P 500 P 2012-12-21 2015-01-26
13 Ishrs Core S&P 500 P 2013-06-14 2015-01-26
562.805 shrs Merger Fd Sh Ben Int P 2013-11-21 2015-01-26
21.531 shrs Merger Fd Sh Ben Int P 2014-04-21 2015-01-26
55.098 shrs SDRIX: Northern Lights Fund P 2013-06-14 2015-01-26
2.726 shrs SDRIX: Northern Lights Fund P 2013-12-19 2015-01-26
3.008 shrs SDRIX: Northern Lights Fund P 2014-12-19 2015-01-26
50.67 shrs Toroso Newfound Tactical P 2014-04-21 2015-01-26
253 shrs Vanguard FTSE Developed Mkt P 2012-03-08 2015-01-26
47 shrs Vanguard FTSE Developed Mkt P 2013-06-14 2015-01-26
76 shrs Vanguard FTSE Developed Mkt P 2013-11-21 2015-01-26
1 shr Vanguard FTSE Developed Mkt P 2014-04-21 2015-01-26
143 shrs Vanguard FTSE Emerging Mkt P 2013-07-26 2015-01-26
5 shrs Vanguard FTSE Emerging Mkt P 2013-11-21 2015-01-26
2 shrs Vanguard FTSE Emerging Mkt P 2014-04-21 2015-01-26
208 shrs Vanguard Short Term Corp P 2014-02-21 2015-01-26
22.483 shrs WFA Absolute Return Fund P 2013-11-21 2015-01-26
14.158 shrs WFA Absolute Return Fund P 2014-04-21 2015-01-26
243.976 shrs Gotham Absoute Return Ins P 2014-04-21 2015-05-01
141.401 shrs Gotham Absoute Return Ins P 2015-01-26 2015-05-01
204 shrs Vanguard High Dividend Yield P 2011-09-26 2015-05-01
8 shrs Vanguard High Dividend Yield P 2015-01-26 2015-05-01
500 shrs Altria Group D 2004-01-01 2015-06-12
550 shrs Altria Group D 2004-01-01 2015-06-12
377 shrs Philip Morris International D 2008-03-28 2015-06-12
123 shrs Philip Morris International D 2008-03-28 2015-06-12
110 shrs Philip Morris International D 2008-03-28 2015-06-12
1328.109 shrs Pimco Fds Pac Invt Mgmt Ser P 2015-01-26 2015-07-16
490.396 shrs Pimco Fds Pac Invt Mgmt Ser P 2015-06-30 2015-07-16
281.443 shrs Salient MLP and Energy Infr P 2014-09-26 2015-07-16
211.697 shrs Salient MLP and Energy Infr P 2015-06-30 2015-07-16
5.7982 shrs Tortoise Energy Infrastruct P 2008-07-22 2015-07-16
3.8892 shrs Tortoise Energy Infrastruct P 2008-09-24 2015-07-16
6.6632 shrs Tortoise Energy Infrastruct P 2008-12-22 2015-07-16
4.7301 shrs Tortoise Energy Infrastruct P 2009-03-12 2015-07-16
4.0037 shrs Tortoise Energy Infrastruct P 2009-06-08 2015-07-16
4.2918 shrs Tortoise Energy Infrastruct P 2009-09-04 2015-07-16
3.6136 shrs Tortoise Energy Infrastruct P 2009-12-16 2015-07-16
115 shrs Tortoise Energy Infrastruct P 2009-12-30 2015-07-16
5.2581 shrs Tortoise Energy Infrastruct P 2010-03-05 2015-07-16
5.0445 shrs Tortoise Energy Infrastruct P 2010-06-08 2015-07-16
5.0175 shrs Tortoise Energy Infrastruct P 2010-09-10 2015-07-16
4.6649 shrs Tortoise Energy Infrastruct P 2010-12-08 2015-07-16
4.3362 shrs Tortoise Energy Infrastruct P 2011-03-11 2015-07-16
4.689 shrs Tortoise Energy Infrastruct P 2011-06-08 2015-07-16
79 shrs Tortoise Energy Infrastruct P 2012-03-08 2015-07-16
34 shrs Tortoise Energy Infrastruct P 2012-12-21 2015-07-16
31 shrs Tortoise Energy Infrastruct P 2013-06-14 2015-07-16
19 shrs Tortoise Energy Infrastruct P 2014-04-21 2015-07-16
188 shrs Tortoise Energy Infrastruct P 2015-06-30 2015-07-16
180 shrs Vanguard Short Term Corporate P 2014-02-21 2015-07-16
3 shrs Vangaurd Short Term Corporate P 2014-04-21 2015-07-16
56 shrs Vanguard Short Term Corporate P 2015-06-30 2015-07-16
29.97 shrs Baron Emerging Markets Fund P 2015-01-26 2015-08-14
39.916 shrs Baron Real Estate Fund P 2015-06-30 2015-08-14
18 shrs Claymore Guggenheim Enhance P 2013-02-15 2015-08-14
50 shrs Claymore Guggenheim Enhance P 2013-06-20 2015-08-14
18 shrs Glaymore Guggenheim Enhance P 2015-07-16 2015-08-14
50 shrs Glaymore Guggenheim Enhance P 2015-07-16 2015-08-14
96 shrs Deutsche X-Trackers MSCI P 2015-04-30 2015-08-14
96 shrs Deutsche X-Trackers MSCI P 2015-08-14 2015-08-14
112.226 shrs Gotham Absoute Return Ins P 2014-04-21 2015-08-14
16 Ishrs Core S&P 500 P 2015-06-30 2015-08-14
6 Ishrs Russell 2000 Index P 2015-06-30 2015-08-14
261.169 shrs Longboard Managed Futures P 2015-04-30 2015-08-14
39.766 shrs Maingate MLP Fund CL I P 2015-07-16 2015-08-14
18.259 shrs Pimco High Yield Fund Instl P 2014-04-21 2015-08-14
329.113 shrs Pimco High Yield Fund Instl P 2015-07-16 2015-08-14
18.259 shrs Pimco High Yield Fund Instl P 2015-07-16 2015-08-14
17 Powershares QQQ Nasdaq P 2015-06-30 2015-08-14
64.133 shrs SDRIX:Northern Lights Fund P 2015-06-30 2015-08-14
5 shrs SPDR S&P Midcap 400 ETF P 2015-06-30 2015-08-14
62.995 shrs Toroso Newfound Tactical AL P 2014-04-21 2015-08-14
15 shrs Vanguard Intermediate Term P 2015-01-26 2015-08-14
15 shrs Vanguard Intermediate Term P 2015-08-14 2015-08-14
34 shrs Vanguard Total International P 2015-04-30 2015-08-14
74.862 shrs WFA Absolute Return Fund P 2013-11-21 2015-08-14
680.87 shrs Baron Emerging Markets Fund P 2015-01-26 2015-08-18
256.948 shrs Baron Emerging Markets Fund P 2015-06-30 2015-08-18
358.844 shrs Gotham Absoute Return Ins P 2013-06-13 2015-08-18
47.503 shrs Gotham Absoute Return Ins P 2014-04-21 2015-08-18
364.716 shrs Gotham Absoute Return Ins P 2015-06-30 2015-08-18
293.485 shrs Gotham Absoute Return Ins P 2013-06-13 2015-09-09
452.381 shrs SDRIX:Northern Lights Fund P 2012-12-21 2015-09-09
39.166 shrs SDRIX:Northern Lights Fund P 2013-06-14 2015-09-09
87.523 shrs SDRIX:Northern Lights Fund P 2015-06-30 2015-09-09
280.947 shrs Gotham Absoute Return Ins P 2013-06-13 2015-09-16
8.829 shrs Gotham Absoute Return Ins P 2013-06-14 2015-09-16
331.908 shrs Baron Real Estate Fund P 2014-04-21 2015-12-16
65.103 shrs Baron Real Estate Fund P 2015-06-30 2015-12-16
119 Ishrs Core MSCI Emerging P 2015-01-26 2015-12-16
40 Ishrs Core MSCI Emerging P 2015-06-30 2015-12-16
1475.763 shrs Maingate MLP Fund Cl I P 2015-07-16 2015-12-16
296.38 shrs Salient MLP and Energy Inf P 2014-09-26 2015-12-16
105.656 shrs Salient MLP and Energy Inf P 2015-01-26 2015-12-16
211.697 shrs Salient MLP and Energy Inf P 2015-06-30 2015-12-16
298 shrs Vanguard Total International P 2015-01-26 2015-12-16
62 shrs Vanguard Total International P 2015-04-30 2015-12-16
137 shrs Vanguard Total International P 2015-06-30 2015-12-16
716.926 shrs WFA Absolute Return Fund P 2013-11-21 2015-12-16
255.732 shrs WFA Absolute Return Fund P 2015-06-30 2015-12-16
(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 10,369 0 5,962 4,407
b 764 0 149 615
c 1,255 0 368 887
d 1,777 0 733 1,044
e 3,109 0 1,385 1,724
11,657 0 12,127 -470
4,786 0 1,890 2,896
2,051 0 881 1,170
821 0 358 463
410 0 181 229
683 0 374 309
6,813 0 3,986 2,827
329 0 271 58
4,567 0 3,473 1,094
3,504 0 2,122 1,382
318 0 188 130
9,919 0 4,896 5,023
352 0 123 229
9,677 0 3,073 6,604
2,083 0 793 1,290
744 0 290 454
545 0 224 321
569 0 402 167
772 0 149 623
1,029 0 344 685
1,673 0 570 1,103
1,544 0 496 1,048
12,426 0 5,496 6,930
2,400 0 1,612 788
2,000 0 1,497 503
19,893 0 4,809 15,084
5,238 0 4,001 1,237
2,096 0 1,049 1,047
7,558 0 3,065 4,493
3,818 0 2,220 1,598
2,303 0 1,043 1,260
557 0 515 42
1,082 0 564 518
1,356 0 468 888
1,674 0 1,249 425
3,608 0 2,531 1,077
1,214 0 5,847 -4,633
578 0 300 278
825 0 0 825
8,487 0 6,174 2,313
1,235 0 676 559
154 0 102 52
1,852 0 1,716 136
4,571 0 2,791 1,780
1,247 0 690 557
416 0 234 182
2,426 0 987 1,439
291 0 124 167
194 0 83 111
728 0 874 -146
2,794 0 1,806 988
931 0 624 307
497 0 385 112
1,980 0 1,732 248
3,743 0 3,815 -72
4,872 0 4,960 -88
305 0 314 -9
61 0 64 -3
3,546 0 3,560 -14
300 0 302 -2
9,339 0 9,380 -41
310 0 307 3
8,262 0 9,378 -1,116
1,654 0 1,099 555
413 0 287 126
2,687 0 2,139 548
8,819 0 9,185 -366
337 0 347 -10
656 0 575 81
32 0 330 -298
36 0 36 0
517 0 510 7
9,806 0 8,546 1,260
1,821 0 1,740 81
2,946 0 3,103 -157
39 0 42 -3
5,963 0 5,693 270
208 0 205 3
83 0 82 1
16,623 0 16,668 -45
248 0 253 -5
156 0 160 -4
3,303 0 3,272 31
1,915 0 1,943 -28
14,212 0 8,217 5,995
557 0 550 7
23,846 0 3,075 20,771
26,230 0 3,383 22,847
30,617 0 6,899 23,718
9,989 0 2,251 7,738
8,933 0 2,013 6,920
14,065 0 14,596 -531
5,193 0 5,159 34
3,532 0 4,351 -819
0 550 0 550
209 0 152 57
141 0 107 34
241 0 106 135
171 0 90 81
145 0 93 52
155 0 95 60
131 0 98 33
4,158 0 3,547 611
190 0 148 42
182 0 152 30
181 0 156 25
168 0 160 8
156 0 164 -8
169 0 167 2
2,856 0 3,152 -296
1,229 0 1,300 -71
1,121 0 1,371 -250
687 0 876 -189
6,797 0 6,804 -7
14,319 0 14,424 -105
239 0 240 -1
4,455 0 4,460 -5
335 0 369 -34
1,053 0 1,051 2
900 0 902 -2
2,501 0 2,507 -6
0 2 0 2
0 6 0 6
2,787 0 2,908 -121
0 121 0 121
1,448 0 1,505 -57
3,353 0 3,315 38
715 0 748 -33
3,392 0 3,301 91
472 0 501 -29
164 0 177 -13
2,952 0 3,008 -56
0 14 0 14
1,868 0 1,820 48
773 0 762 11
1,356 0 1,365 -9
627 0 634 -7
1,259 0 1,297 -38
0 38 0 38
1,667 0 1,797 -130
805 0 844 -39
7,551 0 8,388 -837
2,850 0 3,081 -231
4,615 0 4,267 348
611 0 637 -26
4,690 0 4,745 -55
3,692 0 3,489 203
5,071 0 4,460 611
439 0 409 30
981 0 1,039 -58
3,593 0 3,340 253
113 0 105 8
8,208 0 7,670 538
1,610 0 1,714 -104
4,785 0 5,810 -1,025
1,608 0 1,918 -310
12,175 0 18,822 -6,647
1,959 0 4,582 -2,623
698 0 1,367 -669
1,399 0 3,249 -1,850
13,558 0 14,736 -1,178
2,821 0 3,276 -455
6,233 0 6,892 -659
7,355 0 8,087 -732
2,623 0 2,800 -177
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 0 0 0 4,407
b 0 0 0 615
c 0 0 0 887
d 0 0 0 1,044
e 0 0 0 1,724
0 0 0 -470
0 0 0 2,896
0 0 0 1,170
0 0 0 463
0 0 0 229
0 0 0 309
0 0 0 2,827
0 0 0 58
0 0 0 1,094
0 0 0 1,382
0 0 0 130
0 0 0 5,023
0 0 0 229
0 0 0 6,604
0 0 0 1,290
0 0 0 454
0 0 0 321
0 0 0 167
0 0 0 623
0 0 0 685
0 0 0 1,103
0 0 0 1,048
0 0 0 6,930
0 0 0 788
0 0 0 503
0 0 0 15,084
0 0 0 1,237
0 0 0 1,047
0 0 0 4,493
0 0 0 1,598
0 0 0 1,260
0 0 0 42
0 0 0 518
0 0 0 888
0 0 0 425
0 0 0 1,077
0 0 0 -4,633
0 0 0 278
0 0 0 825
0 0 0 2,313
0 0 0 559
0 0 0 52
0 0 0 136
0 0 0 1,780
0 0 0 557
0 0 0 182
0 0 0 1,439
0 0 0 167
0 0 0 111
0 0 0 -146
0 0 0 988
0 0 0 307
0 0 0 112
0 0 0 248
0 0 0 -72
0 0 0 -88
0 0 0 -9
0 0 0 -3
0 0 0 -14
0 0 0 -2
0 0 0 -41
0 0 0 3
0 0 0 -1,116
0 0 0 555
0 0 0 126
0 0 0 548
0 0 0 -366
0 0 0 -10
0 0 0 81
0 0 0 -298
0 0 0 0
0 0 0 7
0 0 0 1,260
0 0 0 81
0 0 0 -157
0 0 0 -3
0 0 0 270
0 0 0 3
0 0 0 1
0 0 0 -45
0 0 0 -5
0 0 0 -4
0 0 0 31
0 0 0 -28
0 0 0 5,995
0 0 0 7
0 0 0 20,771
0 0 0 22,847
0 0 0 23,718
0 0 0 7,738
0 0 0 6,920
0 0 0 -531
0 0 0 34
0 0 0 -819
0 0 0 550
0 0 0 57
0 0 0 34
0 0 0 135
0 0 0 81
0 0 0 52
0 0 0 60
0 0 0 33
0 0 0 611
0 0 0 42
0 0 0 30
0 0 0 25
0 0 0 8
0 0 0 -8
0 0 0 2
0 0 0 -296
0 0 0 -71
0 0 0 -250
0 0 0 -189
0 0 0 -7
0 0 0 -105
0 0 0 -1
0 0 0 -5
0 0 0 -34
0 0 0 2
0 0 0 -2
0 0 0 -6
0 0 0 2
0 0 0 6
0 0 0 -121
0 0 0 121
0 0 0 -57
0 0 0 38
0 0 0 -33
0 0 0 91
0 0 0 -29
0 0 0 -13
0 0 0 -56
0 0 0 14
0 0 0 48
0 0 0 11
0 0 0 -9
0 0 0 -7
0 0 0 -38
0 0 0 38
0 0 0 -130
0 0 0 -39
0 0 0 -837
0 0 0 -231
0 0 0 348
0 0 0 -26
0 0 0 -55
0 0 0 203
0 0 0 611
0 0 0 30
0 0 0 -58
0 0 0 253
0 0 0 8
0 0 0 538
0 0 0 -104
0 0 0 -1,025
0 0 0 -310
0 0 0 -6,647
0 0 0 -2,623
0 0 0 -669
0 0 0 -1,850
0 0 0 -1,178
0 0 0 -455
0 0 0 -659
0 0 0 -732
0 0 0 -177
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 2 149,802
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 -15,896
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 45,702 716,678 0.063769
2013 39,471 619,423 0.063722
2012 33,872 530,139 0.063893
2011 27,932 452,301 0.061755
2010 26,198 394,086 0.066478
2
Total of line 1, column (d) .....................
20.319617
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
0.063923
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
729,732
5
Multiply line 4 by line 3......................
5
46,647
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,654
7
Add lines 5 and 6........................
7
48,301
8
Enter qualifying distributions from Part XII, line 4.............
8
47,309
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 3,307
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 3,307
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,307
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 2,100
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 2100 7 2,100
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,207
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  
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
 
No
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)
    bulletIL
    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 addressbulletN/A
    14
    The books are in care ofbulletMARLYS E WEARY Telephone no.bullet (847) 253-4055

    Located atbullet15 S Pine Street 404 MtProspectIL ZIP+4bullet600563146
    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
     
     
    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
    MARLYS WEARY President
    1.00     		0 0 833
    15 S Pine Str
    Mt Prospect,IL60056
    SHARON FRUCHT Secretary
    1.00     		0 0 1,412
    707 Calvert Lane
    Fort Washington,MD20744
    BRENDA FRUCHT Treasurer
    1.00     		0 0 0
    1040 Keswick Lane
    Clemmons,NC27012
    RONALD WEARY Director
    2.00     		0 0 1,088
    10031 E Nacoma Ct
    Sun Lake,AZ85248
    REBECCA JOHNSON Director
    1.00     		300 0 1,309
    1N155 Cypress Lane
    Winfield,IL60190
    LAUREN B CANTONI Director
    1.00     		300 0 1,582
    735 E Windmere Dr
    Phoenix,AZ85048
    DAVID FRUCHT Director
    1.00     		0 0 1,425
    1502 Black-Eyed Susan Lane
    Vienna,VA22182
    STEPHEN FRUCHT Director
    1.00     		300 0 817
    1040 Keswick Lane
    Clemmons,NC27012
    MICHAEL FRUCHT Director
    1.00     		300 0 2,279
    5712 Dartmoor Dr
    Madison,WI53711
    ANDREW FRUCHT Director
    1.00     		0 0 0
    5712 Dartmoor Drive
    Madison,WI53711
    ANNEMARIE FRUCHT Director
    1.00     		0 0 0
    5712 Dartmoor Dr
    Madison,WI53711
    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
    698,368
    b
    Average of monthly cash balances.......................
    1b
    42,477
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    740,845
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    740,845
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    11,113
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    729,732
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    36,487
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    36,487
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    3,307
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,307
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    33,180
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    33,180
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    33,180
    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
    47,309
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    47,309
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    47,309
    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 33,180
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 6,880
    b From 2011...... 8,385
    c From 2012...... 7,703
    d From 2013...... 10,008
    e From 2014...... 10,327
    fTotal of lines 3a through e........ 43,303
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 47,309
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 33,180
    e Remaining amount distributed out of corpus 14,129
    5 Excess distributions carryover applied to 2015.    
    (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 57,432
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		6,880
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		50,552
    10 Analysis of line 9:
    a Excess from 2011.... 8,385
    b Excess from 2012.... 7,703
    c Excess from 2013.... 10,008
    d Excess from 2014.... 10,327
    e Excess from 2015.... 14,129
    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).)
    MARLYS E WEARY
    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.
    NA
    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
    Pioneer Camp & Retreat Center
    9324 Lake Shore Road
    Angola,NY14006     		  501(c)3 Religious 250
    New Morning Nursery School
    3200 Monroe Street
    Madison,WI53711     		  501(c)3 Religious 538
    Dean Foundation
    2711 Allen Blvd Ste 300
    Middleton,WI53562     		  501(c)3 Charitable/Scientific 250
    St Mary's Hospital Foundation
    700 South Park Street
    Madison,WI53715     		  501(c)3 Scientific 500
    St John's Lutheran Church
    740 North Center Street
    Statesville,NC28677     		  501(c)3 Religious 2,038
    Cantigny Foundation
    1S151 Winfield Road
    Wheaton,IL60187     		  501(c)3 Scientific 1,500
    Winfield Library Friends
    0S291 Winfield Road
    Winfield,IL60190     		  501(c)3 Charitable 4,000
    St Paul Lutheran Church
    515 South Wheaton Ave
    Wheaton,IL60187     		  501(c)3 Religious 2,038
    Summit School - Ahwatukee
    4515 E Muirwood Drive
    Phoenix,AZ85048     		  501(c)3 Education 7,538
    Edgewood Campus School
    829 Edgewood College Drive
    Madison,WI53711     		  501(c)3 Education 1,000
    Cancer Services Inc
    3175 Maplewood Avenue
    WinstonSalem,NC27103     		  501(c)3 Scientific 1,000
    Matthew Gfeller Foundation
    2880 Galsworthy Drive
    WinstonSalem,NC27106     		  501(c)3 Scientific 1,000
    Pitt Hopkins Research Foundation
    PO Box 6257
    Plymouth,MA02362     		  501(c)3 Scientific 1,000
    Riverwood Therapeutic Riding Center
    6825 Rollingview Drive
    Tabaccovile,NC27050     		  501(c)3 Scientific 500
    Edgewood High School
    2219 Monroe Street
    Madison,WI53711     		  501(c)3 Education 5,200
    Friendly High School
    10000 Allentown Road
    Fort Washington,MD20744     		  501(c)3 Education 7,538
    Forsyth Humane Society
    61 Miller Street
    Winston Salem,NC27104     		  501(c)3 Charitable 1,500
    Sally's Angels
    PO Box 1395
    Clemmons,NC27012     		  501(c)3 Charitable 500
    Total .................................bullet 3a 37,890
    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....         21,754
    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 ............     		        149,802
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    a964-021854 cap gain distribution     		        263
    b964-021858 cap gain distribution         1,817
    c964-021854 non-div distribution         398
    d964-021858 non-div distribution         740
    e
    12 Subtotal. Add columns (b), (d), and (e)..     174,774
    13Total. Add line 12, columns (b), (d), and (e)..................
    13174,774
    (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.)
    4 Income produced to support grants to other 501(c)3 organizations
    8 Income produced to support grants to other 501(c)3 organizations
    11 Income produced to support grants to other 501(c)3 organizations
    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:  
    Part VI Line 7 - Tax Paid with the Original Return: 2,100


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    Merit Foundation
     
    Employer identification number

    36-4156727
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    Merit Foundation
          		Employer identification number
    36-4156727
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    MARLYS E WEARY  
    15 South Pine Street 404
     
    Mount Prospect, IL60056

    		$ 99,806


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    Merit Foundation
          		Employer identification number

    36-4156727
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 1,050 SHARES OF ALTRIA (MO) AVERAGE OF HIGH AND LOW PRICE OF $47.81/SHARE = $50,195.25. DONEE COST B $ 50,195 2015-06-12
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    2
    		 610 SHARES OF PHILIP MORRIS (PM) AVERAGE OF HIGH AND LOW PRICE OF $81.33/SHARE = $49,611.30. DONEE C $ 49,611 2015-06-12
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    Merit Foundation
          		Employer identification number

    36-4156727
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estate Plan Administration Services LLC Tax Preparation 950      

    TY 2015 AllOthProgRltdInvestmentsSch
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Category Amount
    None  

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

    TY 2015 GainLossSaleOtherAssetsSch
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    964-021854 Sale of Marketable Securities-See Part IV (a)   Purchased   VARIOUS 176,574 99,341 FMV   77,233  
    964-021858 Sale of Marketable Securities-See Part IV (a)   Purchased   VARIOUS 393,929 321,360 FMV   72,569  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Name of Bond End of Year Book Value End of Year Fair Market Value
    1304.76 shrs Pimco High Yield Fund 11,434 10,777
    260.77 shrs Pimco High Yield Fund 2,339 2,154
    14.232 shrs Pimco High Yield Fund 126 118
    12.009 shrs Pimco High Yield Fund 106 99
    2.254 shrs Pimco High Yield Fund 20 19
    489.696 shrs Pimco High Yield Fund 4,451 4,045
    1797.139 shrs Pimco High Yield Fund 16,441 14,844
    508.833 shrs Toroso Newfound Tactical 5,124 4,768
    191.805 shrs Toroso Newfound Tactical 1,918 1,797
    410.929 shrs Vanguard Global Min Vol Adm 9,612 9,287
    562.364 shrs Longboard Managed Futures 5,955 6,276
    636.509 shrs Longboard Managed Futures 7,746 7,103
    194.656 shrs Longboard Managed Futures 2,460 2,172
    479.716 shrs Longboard Managed Futures 5,977 5,354
    878.585 shrs Longboard Managed Futures 9,902 9,805

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Name of Stock End of Year Book Value End of Year Fair Market Value
    35 shrs Apple Computer 4,517 3,684
    34 shrs Apple Computer 4,338 3,579
    22 shrs Apple Computer 2,472 2,316
    125 shrs Abbvie Inc 3,064 7,405
    130 shrs Abbott Laboratories 2,938 5,838
    1 shr Abbott Laboratories 50 45
    55 shrs Abbott Laboratores 2,380 2,470
    76 shrs Ace Ltd 8,601 8,881
    27 shrs Ace Ltd 2,860 3,155
    31 shrs Accenture Plc Cl A 2,774 3,239
    59 shrs Accenture Plc Cl A 5,806 6,165
    70 shrs Aetna Inc 2,868 7,568
    28 shrs Amgen Inc 4,335 4,545
    26 shrs Amgen Inc 4,223 4,221
    68 shrs Ameriprise Financial 1,686 7,237
    180 shrs American Express Co 10,326 12,519
    10 shrs American Express Co 406 695
    115 shrs Bank of America Corp 6,203 1,935
    23 shrs Bank of America Corp 335 387
    72 shrs Bank of America Corp 1,210 1,212
    28 shrs Bank of America Corp 476 471
    16 shrs Bank of America Corp 280 269
    349 shrs Bank of America Corp 6,230 5,874
    62 shrs Berkshire Hathaway Inc Cl B 3,872 8,186
    23 shrs Citigroup Inc 11,553 1,190
    22 shrs Citigroup Inc 620 1,138
    32 shrs Citigroup Inc 1,823 1,656
    107 shrs Citigroup Inc 6,210 5,537
    100 shrs Caterpillar Inc 6,083 6,796
    10 shrs Caterpillar Inc 407 680
    14 shrs Caterpillar Inc 1,233 951
    28 shrs Cigna Corp 1,104 4,097
    70 shrs Conocophillips 3,242 3,268
    62 shrs CVS Health Corp 6,586 6,062
    66 shrs Chevron Corp 4,434 5,937
    52 shrs Dow Chemical Co 2,123 2,677
    30 shrs Dow Chemical Co 809 1,544
    63 shrs Duke Energy Corp 3,476 4,498
    26 shrs Duke Energy Corp 1,905 1,856
    59 shrs Emerson Elec Co 2,775 2,822
    128 shrs Emerson Elec Co 7,460 6,122
    170 shrs Eaton Corporation 8,824 8,847
    6 shrs Eaton Corporation 311 312
    10 shrs Eaton Corporation 703 520
    68 shrs AGL Resources Inc 2,730 4,339
    335 shrs General Electric Co 11,832 10,435
    99 shrs General Electric Co 1,192 3,084
    5 shrs General Electric Co 82 156
    17 shrs General Electric Co 300 530
    24 shrs General Electric Co 659 748
    155 shrs General Electric Co 4,396 8,938
    75 shrs Harley Davidson Inc 4,407 3,404
    73 shrs Honeywell Intl Inc 3,108 7,561
    10 shrs Honeywell Intl Inc 340 1,036
    126 shrs Intel Corp 4,223 4,341
    146 shrs Intel Corp 4,703 5,030
    58 shrs Lockheed Martin Corp 5,039 12,595
    10 shrs Lockheed Martin Corp 775 2,172
    100 shrs Mondelez International Inc 1,839 4,484
    12 shrs Mondelez International Inc 230 538
    8 shrs Mondelez International Inc 155 359
    92 shrs Mondelez International Inc 3,790 4,125
    116 shrs MetLife 6,641 5,592
    50 shrs MetLife 2,435 2,411
    51 shrs 3M Company 4,027 7,683
    4 shrs 3M Company 304 603
    103 shrs Altria Group Inc 1,945 5,996
    74 shrs Altria Group Inc 1,297 4,308
    58 shrs Merck & Co Inc 3,407 3,064
    92 shrs Merck & Co Inc 5,426 4,859
    189 shrs Microsoft Corp 8,110 10,486
    130 shrs National Oilwell Varco Inc 6,259 4,354
    91 shrs National Oilwell Varco Inc 4,464 3,048
    42 shrs Norfolk Southern Corp 2,926 3,553
    5 shrs Norfolk Southern Corp 465 423
    137 shrs Oracle Corp 5,974 4,984
    20 shrs Oracle Corp 832 728
    142 shrs Plum Creek Timber Co Inc 5,061 6,776
    15 shrs Plum Creek Timber Co Inc 628 716
    159 shrs Public Service Enterprise Grp 4,842 6,152
    48 shrs Pepsico Inc 4,189 4,796
    44 shrs Pepsico Inc 4,207 4,396
    41 shrs Parker Hannifin Corp 4,233 3,976
    132 shrs Philip Morris International 5,726 11,604
    43 shrs Prudential Finl 3,873 3,501
    79 shrs Prudential Finl 7,155 6,431
    55 shrs Phillips 66 1,514 4,499
    92 shrs Qualcomm Inc 6,493 4,599
    38 shrs Qualcomm Inc 2,560 1,899
    142 shrs Royal Dutch Shell 9,831 6,502
    81 shrs Royal Dutch Shell 4,801 3,709
    95 shrs Spectra Energy Corp 2,519 2,274
    11 shrs Spectra Energy Corp 189 263
    38 shrs Spectra Energy Corp 737 910
    14 shrs Spectra Energy Corp 313 335
    42 shrs Spectra Energy Corp 1,393 1,005
    44 shrs Schlumberger Ltd 3,612 3,069
    6 shrs Schlumberger Ltd 522 419
    131 shrs Target Corp 7,711 9,512
    99 shrs Wells Fargo 2,863 5,382
    4 shrs Wells Fargo 120 217
    50 shrs Wells Fargo 1,326 2,718
    1481 shrs Alerian MLP Etf 15,760 17,846
    489 shrs Deutsche X-Trackers MSCI 13,648 13,281
    37 shrs Deutsche X-Trackers MSCI 1,033 1,005
    66 shrs Deutsche X-Trackers MSCI 1,999 1,793
    247 shrs Deutsche X-Trackers MSCI 7,058 6,709
    464 shrs Deutsche X-Trackers MSCI 13,586 12,602
    166 shrs Claymore Guggenheim 8,320 8,277
    71 shrs Claymore Guggenheim 3,555 3,540
    389 shrs Claymore Guggenheim 19,482 19,396
    119 Ishrs Core S&P 500 14,348 24,380
    9 Ishrs Core S&P 500 1,236 1,844
    21 Ishrs Core S&P 500 4,351 4,302
    74 Ishrs Russell 2000 Index 8,801 8,334
    22 Ishrs Russell 2000 Index 2,693 2,478
    20 Ishrs Russell 2000 Index 2,493 2,252
    178 Ishrs MSCI ACWI Ex Us Etf 28,903 28,440
    142 Powershares QQQ Nasdaq 11,830 15,884
    19 Powershares QQQ Nasdaq 2,035 2,125
    31 shrs SPDR S&P MidCap 400 4,048 7,875
    21 shrs SPDR S&P MidCap 400 1,958 5,335
    1 shr SPDR S&P MidCap 400 178 254
    2 shrs SPDR S&P MidCap 400 534 508
    9 shrs SPDR S&P MidCap 400 2,457 2,286
    120 shrs Vanguard Intermediate Term 10,376 9,967
    20 shrs Vanguard Intermediate Term 1,681 1,661
    26 shrs Vanguard Intermediate Term 2,184 2,160
    150 shrs Vanguard Intermediate Term 12,647 12,459
    21 shrs Vanguard Intermediate Term 1,766 1,744
    21 shrs Vanguard Intermediate Term 1,759 1,744
    81 shrs Vanguard Total Stock Mkt 8,293 8,448
    17 shrs Vanguard Total Stock Mkt 1,754 1,773

    TY 2015 LegalFeesSchedule
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Lawrence Kamin Saunders Legal 125      


    TY 2015 OtherDecreasesSchedule
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Description Amount
    Adjustment to Donor Basis in Stocks sold 83,846


    TY 2015 OtherExpensesSchedule
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Secretary of State 10      
    Foreign Tax 187      
    Annual Report Fee 15      


    TY 2015 OtherIncomeSchedule2
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    964-021854 cap gain distribution 263 263  
    964-021858 cap gain distribution 1,817 1,817  
    964-021854 non-div distribution 398 398  
    964-021858 non-div distribution 740 740  


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Coyle Asset Managment Co. Investment 9,419 9,419   9,419


    TY 2015 TaxesSchedule
    Name:
    Merit Foundation
    EIN:
    36-4156727
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Tax Payment 459