TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2015

Open to Public Inspection

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

Name of foundation
SULSBERGER FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA4E86
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216

A Employer identification number

31-6210487

B Telephone number (see instructions)

(330) 438-1180

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$6,159,083J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	123,619		123,619
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		322,945
b	Gross sales price for all assets on line 6a 2,401,997
7	Capital gain net income (from Part IV, line 2)...			322,945
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).......		401
12	Total. Add lines 1 through 11........	446,965		446,564
13	Compensation of officers, directors, trustees, etc.	48,691		24,345		24,345
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).......		550	275	0	275
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		8,000	500		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).......		575			575
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	57,816		25,120	0	25,195
25	Contributions, gifts, grants paid.......	320,989				320,989
26	Total expenses and disbursements. Add lines 24 and 25	378,805		25,120	0	346,184
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	68,160
b	Net investment income (if negative, enter -0-)			421,444
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	32
	2	Savings and temporary cash investments.........	215,725	221,784	221,784
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	3,757,139	3,044,519	3,831,999
	c	Investments—corporate bonds (attach schedule).......	1,399,798	2,172,850	2,105,300
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,372,694	5,439,153	6,159,083
	17	Accounts payable and accrued expenses..........
	18	Grants payable..................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	5,372,694	5,439,153
	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).....	5,372,694	5,439,153
	31	Total liabilities and net assets/fund balances (see instructions).	5,372,694	5,439,153

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

5,372,694

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

68,160

Other increases not included in line 2 (itemize) bullet

2,715

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

5,443,569

Decreases not included in line 2 (itemize) bullet

4,416

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

5,439,153

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	9090. JEFFERIES TR/J ALERIAN MLP ETF			2015-06-30
b	75. AFFILIATED MANAGERS GROUP			2015-06-30
c	4849.309 ARTISAN INTERNATIONAL VALUE FUND - INVES			2015-06-30
d	518. CABOT OIL & GAS CL A			2015-06-30
e	230. CHURCH & DWIGHT CO INC		2014-01-22	2015-06-30
	120. COACH INC W/1 RT/SH		2013-03-25	2015-06-30
	7487.183 COLUMBIA FUNDS SERIES TRUST - COLUMBIA MIDCAP VALUE FUND - R5		2014-09-26	2015-04-10
	549. COMMUNITY HEALTH SYSTEMS			2015-06-30
	250. EQUIFAX INC.			2015-06-30
	168. FMC CORP W/1 RT/SH			2015-06-30
	3267.983 FEDERATED INTERNATIONAL LEADERS FUND		2014-10-21	2015-06-30
	1. POWERSHARES DB COMMODITY TRACKING FUND		2015-01-01	2015-12-31
	1. POWERSHARES DB COMMODITY TRACKING FUND		2014-01-01	2015-12-31
	302. FREEPORT MCMORAN COPPER & GOLD			2015-06-30
	232. GANNETT CO INC			2015-07-13
	.5 GANNETT CO INC		2011-01-18	2015-07-15
	.143 GOOGLE INC CL C		2013-02-27	2015-05-11
	920. HANESBRANDS INC			2015-06-30
	655. HERTZ GLOBAL HOLDINGS INC 1 RT PER SHARE			2015-06-30
	918. ISHARES S & P SMALLCAP 600		2014-02-20	2015-04-10
	582. ISHARES S & P SMALLCAP 600			2015-06-30
	390. JARDEN CORP			2015-06-30
	72.334 KRAFT FOODS GROUP INC			2015-07-06
	33.666 KRAFT FOODS GROUP INC		2010-08-24	2015-07-06
	26. KRAFT FOODS GROUP INC		2010-08-24	2015-07-06
	9771.597 LOOMIS SAYLES GLOBAL EQUITY - CLASS Y			2015-06-30
	782. MASCO CORP			2015-06-30
	4807.119 MERGER FUND			2015-06-08
	8327.867 OPPENHEIMER DEVELOPING MARKETS FUND-I			2015-06-30
	58.774 PIMCO ALL ASSET FUND - INSTITUTIONAL		2014-09-18	2015-07-08
	7028.308 PIMCO ALL ASSET FUND - INSTITUTIONAL			2015-07-08
	4800. POWERSHARES DB COMMODITY INDEX TRACKING FD			2015-06-30
	2030. REGIONS FINANCIAL HOLDING COMPANY			2015-06-30
	156. RELIANCE STEEL & ALUM			2015-06-30
	553. SLM CORP COM			2015-06-30
	168. SAN DISK CORP			2015-06-30
	8745.794 TCW EMERGING MARKETS INCOME FUND - CLASS			2015-04-10
	250.824 TCW EMERGING MARKETS INCOME FUND - CLASS			2015-04-10
	160. TELEFLEX, INC.			2015-06-30
	20199.286 FRANKLIN TEMPLETON GLOBAL BOND FUND - AD			2015-04-10
	5368.981 FRANKLIN TEMPLETON GLOBAL BOND FUND - AD		2008-11-05	2015-06-30
	145. VALEANT PHARMACEUTICALS INTL			2015-07-08
	560. VERIZON COMMUNICATIONS			2015-07-08
	5220.007 WASATCH LONG/SHORT FUND			2015-07-08
	100. WHIRLPOOL CORP			2015-06-30
	242. XILINX INC			2015-06-30
	90. ALLERGAN PLC		2013-10-02	2015-06-30
	206. COVIDIEN PLC			2015-01-28
	.94 MEDTRONIC PLC		2015-01-28	2015-02-11
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	142,370	154,099	-11,729
b	16,539	1,843	14,696
c	173,072	177,521	-4,449
d	16,355	7,146	9,209
e	18,704	15,110	3,594
	4,169	5,946	-1,777
	132,673	137,614	-4,941
	34,763	14,144	20,619
	24,416	7,620	16,796
	8,743	4,525	4,218
	112,582	102,288	10,294
		478	-478
		46	-46
	5,816	8,539	-2,723
	3,097	1,203	1,894
	7	3	4
	76	57	19
	30,649	5,820	24,829
	12,261	9,782	2,479
	108,579	97,983	10,596
	68,871	61,476	7,395
	20,459	6,142	14,317
	3,413	2,765	648
	1,914	1,033	881
	1,446	798	648
	190,742	185,702	5,040
	20,730	11,969	8,761
	76,385	76,832	-447
	290,892	205,764	85,128
	665	733	-68
	79,560	86,442	-6,882
	84,627	123,864	-39,237
	21,010	12,581	8,429
	9,647	6,319	3,328
	5,375	3,977	1,398
	10,178	8,487	1,691
	70,841	74,781	-3,940
	2,032	2,169	-137
	21,683	8,754	12,929
	253,299	231,401	21,898
	65,555	59,839	5,716
	32,755	7,121	25,634
	25,956	27,123	-1,167
	71,827	86,543	-14,716
	17,462	10,068	7,394
	10,661	4,272	6,389
	27,014	12,961	14,053
	22,633	7,296	15,337
	70	73	-3
			49,424

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			-11,729
b			14,696
c			-4,449
d			9,209
e			3,594
			-1,777
			-4,941
			20,619
			16,796
			4,218
			10,294
			-478
			-46
			-2,723
			1,894
			4
			19
			24,829
			2,479
			10,596
			7,395
			14,317
			648
			881
			648
			5,040
			8,761
			-447
			85,128
			-68
			-6,882
			-39,237
			8,429
			3,328
			1,398
			1,691
			-3,940
			-137
			12,929
			21,898
			5,716
			25,634
			-1,167
			-14,716
			7,394
			6,389
			14,053
			15,337
			-3

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	322,945
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

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

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

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

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2014	338,394	6,531,733	0.051808
2013	340,537	6,140,654	0.055456
2012	343,879	5,564,800	0.061795
2011	341,487	3,470,468	0.098398
2010	341,624	5,970,682	0.057217

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

20.324674

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .

0.064935

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

6,319,330

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

410,346

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

4,214

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

414,560

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

346,184

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2015)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	8,429
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	8,429
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	8,429
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	7,500
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	7,500
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	13
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	942
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

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

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

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

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

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

Yes

Website address bullet

The books are in care of bullet

HUNTINGTON NATIONAL BANK Telephone no. bullet

(740) 588-6470

Located at bullet

422 MAIN STZANESVILLEOH ZIP+4 bullet

43702

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

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

16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2015?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2015, did the foundation have any undistributed income (lines 6d

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

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2015.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?

Form 990-PF (2015)

Page 6

Part VII-B

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

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Form 990-PF (2015)

Page 7

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
HUNTINGTON NATIONAL BANK	TRUSTEE 2	48,691
PO BOX 1558 DEPT EA4E86 COLUMBUS,OH44216	TRUSTEE 2	48,691

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

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

purposes:

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

6,202,442

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

213,121

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

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

6,415,563

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

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

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

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

6,415,563

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

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

96,233

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

6,319,330

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

315,967

Part XI

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

and do not complete this part.)

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

315,967

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

8,429

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

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

8,429

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

307,538

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

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

307,538

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

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

307,538

Part XII

Qualifying Distributions (see instructions)

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

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

346,184

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

346,184

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

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

346,184

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2015)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2014	(c) 2014	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7					307,538
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				0
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......	55,422
d From 2013......	49,149
e From 2014......	23,322
fTotal of lines 3a through e........		127,893
4Qualifying distributions for 2015 from Part
XII, line 4: $ 346,184
a Applied to 2014, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2015 distributable amount.....					307,538
e Remaining amount distributed out of corpus		38,646
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		166,539
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 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 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 ......		166,539
10 Analysis of line 9:
a Excess from 2011....	0
b Excess from 2012....	55,422
c Excess from 2013....	49,149
d Excess from 2014....	23,322
e Excess from 2015....	38,646

Form 990-PF (2015)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2015, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2015	(b) 2014	(c) 2013	(d) 2012	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2015)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ZANESVILLE CONCERT ASSN C/O RICHARD G AICHELE ZANESVILLE,OH437017993	NONE	PC	CHARITABLE OBJECTIVES	32,099
SIX COUNTY INC 2845 BELL STREET ZANESVILLE,OH43701	NONE	PC	MEDICAL	16,049
BIG BROTHERS BIG SISTERS INC ATTN MOLLY CROOKS 4 N 7TH STREET ZANESVILLE,OH437013755	NONE	PC	CHARITABLE OBJECTIVES	6,420
ZANESVILLE MUSEUM OF ART 620 MILITARY ROAD ZANESVILLE,OH43701	NONE	PC	CULTURAL	32,099
GSMC FOUNDATION ATTN KIM ATKINSON 800 FOREST AVE ZANESVILLE,OH43701	NONE	PC	CHARITABLE OBJECTIVES	32,099
MUSKINGUM FAMILY Y 1861 ADAMS LANE ZANESVILLE,OH43701	NONE	PC	CHARITABLE OBJECTIVES	48,148
UNITED WAY OF MUSKINGUM PERRY & MORGAN COUNTIES INC 526 PUTNAM AVE ZANESVILLE,OH437014933	NONE	PC	CHARITABLE OBJECTIVES	32,099
MUSKINGUM RESPIRATORY CARE 711 MAIN STREET ZANESVILLE,OH437013499	NONE	PC	MEDICAL	6,420
AMERICAN HEART ASSN OHIO NATIONAL BEQUEST CTR PO BOX 22249 ST PETERSBURG,FL33742	NONE	PC	MEDICAL	6,420
ZANESVILLE CIVIC LEAGUE INC ATTN HOWARD W STEWART 928 JACKSON STREET ZANESVILLE,OH437013373	NONE	PC	CHARITABLE OBJECTIVES	16,049
MUSKINGUM VALLEY COUNCIL BOY SCOUTS OF AMERICA 734 MOOREHEAD AVENUE ZANESVILLE,OH437013349	NONE	PC	CHARITABLE OBJECTIVES	16,049
ST JAMES EPISCOPAL CHURCH 155 N 6TH STREET ZANESVILLE,OH43701	NONE	PC	GENERAL SUPPORT	6,420
PIONEER & HISTORICAL SOCIETY 115 JEFFERSON STREET ZANESVILLE,OH437014905	NONE	PC	CHARITABLE OBJECTIVES	6,420
MUSKINGUM CO BOARD OF MRDD C/O JOHN HILL 655 ZANE STREET ZANESVILLE,OH437012621	NONE	PC	CHARITABLE OBJECTIVES	9,630
ZANESVILLE BD OF EDUCATION ATTNTERRY MARTINSUPERIN 160 N 4TH STREET ZANESVILLE,OH43701	NONE	PC	EDUCATION	48,148
AMERICAN CANCER SOCIETY PO BOX 720366 OKLAHOMA CITY,OK73162	NONE	PC	MEDICAL	6,420
Total ................................. 3a				320,989

bApproved for future payment

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

Form 990-PF (2015)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	123,619
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	322,945
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aFEDERAL TAX REFUND			1	401
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				446,965

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

13446,965

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2015)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2015 AccountingFeesSchedule

Name:

SULSBERGER FOUNDATION

EIN:

31-6210487

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	550	275		275

- TIN:

TY 2015 InvestmentsCorpBondsSchedule

Name:

SULSBERGER FOUNDATION

EIN:

31-6210487

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC 1.75% 11/06/2017	49,815	49,903
ANHEUSER-BUSCH INBEV FIN 2.15%	50,402	49,711
ASTRAZENECA PLC 1.95% 09/18/20	49,132	49,727
AUTOZONE INC 1.3% 01/13/2017	50,210	49,934
BB&T CORPORATION SERIES MTN PR	50,223	50,058
BANK OF AMERICA CORP 2.6% 01/1	50,360	50,163
BECTON DICKINSON 1.75% 11/08/2	51,022	50,252
DR PEPPER SNAPPLE GROUP 2.6% 0	51,064	50,280
EMC CORP/MASS 2.65% 06/01/2020	49,901	44,411
FEDERATED TOTAL RETURN BOND FU	742,018	715,376
GOLDMAN SACHS HIGH YIELD FUND	199,370	179,760
COCA COLA ENTERPRISES 3.5% 09/	50,919	51,101
KINDER MORGAN ENERGY PARTNERS	50,133	46,224
LORD ABBET SHORT DURATION INCO	230,000	223,770
ONEOK PARTNERS LP 3.2% 09/15/2	51,054	47,702
PIMCO TOTAL RETURN FUND - INST	77,399	70,344
POWERSHARES PREFERRED PORTFOLI	117,818	124,160
RALPH LAUREN CORP 2.125% 09/26	50,226	50,427
RAYTHEON COMPANY 3.125% 10/15/	51,005	51,829
SUNTRUST BANKS INC 2.35% 11/01	50,284	50,262
WELLPOINT INC 2.3% 07/15/2018	50,495	49,906
MTN PRIVATE PLACEMENT 1.6% 08/
FRANKLIN TEMPLETON GLOBAL BOND

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

SULSBERGER FOUNDATION

EIN:

31-6210487

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AFLAC INC	13,351	15,095
AT&T INC	21,362	23,743
ALPHABET INC - CL C	16,696	39,462
ALPHABET INC - CL A	16,709	40,457
AMAZON.COM INC	11,009	27,036
AMERICAN ELECTRIC POWER	6,843	14,393
AMERICAN EXPRESS	7,657	15,927
AMERIPRISE FINANCIAL INC COMMO	8,049	15,537
ANADARKO PETROLEUM CORP W/1 RT	22,490	13,602
APPLE INC	8,613	58,946
ARTISAN INTERNATIONAL VALUE FU	383,968	352,148
BIOGEN INC	9,213	24,508
BOEING CO	9,367	21,544
BOSTON PROPERTIES INC W/1 RT P	6,886	13,902
CVS HEALTH CORPORATION	17,922	49,765
CATERPILLAR INC	15,919	15,631
CHEVRON CORPORATION	17,040	14,933
CITIGROUP INC	12,423	20,959
COLGATE PALMOLIVE	15,388	15,989
COMCAST CORP CL A	9,782	21,726
CONOCOPHILLIPS	13,427	13,307
COSTCO WHOLESALE CORP	15,421	21,803
CUMMINS INC	11,299	9,681
DFA US CORE EQUITY 1 PORTFOLIO	332,284	312,107
DFA EMERGING MARKETS CORE EQUI	132,913	108,142
WALT DISNEY CO	7,127	22,067
DISCOVER FINANCIAL SVS	9,192	20,912
EMC CORP/MASS	11,584	12,224
EOG RESOURCES INC	17,068	21,379
EBAY INC	7,954	14,729
EDISON INTERNATIONAL FORMERLY	9,860	12,079
EXPRESS SCRIPTS HOLDING CO	15,931	23,601
FEDEX CORP	14,549	24,881
GENERAL ELECTRIC CO	16,021	33,019
GILEAD SCIENCES INC	11,675	55,655
GOLDMAN SACHS GROUP INC	13,477	21,628
HARBOR INTERNATIONAL FUND	132,913	112,973
HARTFORD FINANCIAL SVCS GRP IN	10,595	25,468
HOME DEPOT INC	4,517	25,128
HONEYWELL INTERNATIONAL INC	10,070	17,918
IBM CORP	14,769	15,276
ISHARES COR S&P MID-CAP ETF	134,234	139,459
ISHARES CORE S&P SMALL-CAP ETF	116,594	124,314
JP MORGAN CHASE & CO	14,875	31,694
THE KRAFT HEINZ CO	4,596	9,604
THE KROGER CO	15,167	34,719
LAS VEGAS SANDS CORP	7,021	14,555
ESTEE LAUDER CO INC	6,393	21,839
LINKEDIN CORP CL A	8,804	18,006
LOWES COMPANIES INC	5,820	15,512
MACY'S INC	10,661	10,844
MARATHON OIL CORP	17,984	6,836
MASTERCARD INC CL A	9,863	53,061
MERCK & CO INC	16,417	26,146
MICROSOFT CORP	8,610	23,302
MICRON TECHNOLOGY	5,482	11,002
MONDELIEZ INERNATIONAL INC W/I	8,612	17,846
MONSANTO CO	11,912	18,719
NATIONAL OILWELL VARCO INC	10,109	5,593
TEXTERA ENERGY INC	13,802	22,336
NIKE INC CL B	9,246	26,250
NOBILE ENERGY INC	14,676	10,603
OCCIDENTAL PETROLEUM CORP	14,437	17,646
OPPENHEIMER MAIN STREET MID C	132,913	106,795
ORACLE CORPORATION	13,940	19,653
PNC FINANCIAL SERVICES	20,784	37,647
PPG INDUSTRIES INC W/1 RT/SH	10,867	15,416
PAYPAL HOLDINGS INC	11,719	19,403
PFIZER INC	7,431	15,817
PHILIP MORRIS INTL INC	9,883	10,110
PHILLIPS 66	13,743	30,839
PIONEER NATURAL RESOURCES W/1	10,265	11,911
PROCTOR & GAMBLE CO	22,975	26,126
QUALCOMM INC	21,579	23,993
ROCHE HLDG LTD SPONSORED ADR	12,639	15,532
T. ROWE PRICE REAL ESTATE FUND	137,955	159,344
SALESFORCE.COM INC	16,034	37,632
SANOFI ADR	15,543	13,222
SCHLUMBERGER LTD	11,867	11,718
SEMPRA ENERGY	9,655	18,332
SHERWIN-WILLIAMS CO W 1 RT SH	4,725	12,980
STARBUCKS CORP	3,947	35,658
STATE STREET CORP	8,045	12,608
TEGNA INC	5,197	11,867
THERMO FISHER SCIENTIFIC INC 1	7,309	23,689
THIRD AVENUE REAL ESTATE VALUE	164,183	167,170
TIDEWATER INC	12,683	1,559
TRAVELERS COS INC	14,342	31,149
U S BANCORP	5,446	12,673
UNION PACIFIC CORP	8,342	21,114
UNITED TECHNOLOGIES CORP	11,132	15,948
VANGUARD 500 INDEX FUND - ADMI	332,284	326,753
VISA INC CLASS A SHARES	10,238	52,734
WELLS FARGO & CO	12,508	38,324
ACCENTURE PLC CL A	17,584	35,844
MEDTRONIC PLC	15,310	15,076
ACE LIMITED	11,626	19,865
LYONDELLBASELL IND CL A	11,178	24,332
ACTAVIS PLC
AFFILIATED MANAGERS GROUP
FREEPORT-MCMORAN INC W/1 RT/SH
GANNETT INC
GOOGLE INC- CL A
GOOGLE INC CL C
HANESBRANDS INC
HERTZ GLOBAL HOLDINGS INC 1 RT
JARDEN CORP COM
JEFFERIES TR/J ALERIAN MLP ETF
KRAFT FOODS GROUP INC
LOOMIS SAYLES GLOBAL EQUITY -
MASCO CORP
MERGER FUND
NEXTERA ENERGY INC
OPPENHEIMER DEVELOPING MARKETS
PIMCO ALL ASSET FUND - INSTITU
POWERSHARES DB COMMODITY INDEX
REGIONS FINANCIAL HOLDING COMP
RELIANCE STEEL & ALUM
SANDISK CORP
SLM CORP
TCW EMERGING MARKETS INCOME FU
TELEGLEX INC W/1 RT/SH
THE KROGER CO
VALEANT PHARMACEUTICALS INTL
VERIZON COMMUNICATIONS
WASATCH LONG/SHORT FUND
WHIRLPOOL CORP
XILINX
FMC CORP
FEDERATED INTERNATIONAL LEADER
EQUIFAX INC W/1 RT PER SHARE E
COVIDIEN INC
COMMUNITY HEALTH SYSTEMS
COLUMBIA FUNDS SERIES TRUST-CO
COACH INC W/1 RT/SH
CHURCH & DWIGHT CO INC W/1 RT/
CABOT OIL & GAS CL A

- TIN:

TY 2015 OtherDecreasesSchedule

Name:

SULSBERGER FOUNDATION

EIN:

31-6210487

Description	Amount
2015 INCOME POSTED IN 2016	4,416

- TIN:

TY 2015 OtherExpensesSchedule

Name:

SULSBERGER FOUNDATION

EIN:

31-6210487

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER ALLOCABLE EXPENSE-PRINCI	200	0		200
OTHER NON-ALLOCABLE EXPENSE -	375	0		375

- TIN:

TY 2015 OtherIncomeSchedule2

Name:

SULSBERGER FOUNDATION

EIN:

31-6210487

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
FEDERAL TAX REFUND	401	0

- TIN:

TY 2015 OtherIncreasesSchedule

Name:

SULSBERGER FOUNDATION

EIN:

31-6210487

Description	Amount
YEAR END MUTUAL FUND EARNINGS	59
2014 INCOME POSTED IN 2015	2,365
RETURN OF CAPITAL	286
ROUNDING	5

- TIN:

TY 2015 TaxesSchedule

Name:

SULSBERGER FOUNDATION

EIN:

31-6210487

Category	Amount	Net Investment Income
FOREIGN TAXES	217	217
FEDERAL ESTIMATES - PRINCIPAL	7,500	0
FOREIGN TAXES ON QUALIFIED FOR	206	206
FOREIGN TAXES ON NONQUALIFIED	77	77