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
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE WERNER FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)11601 WILSHIRE BLVD NO 1840   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90025
A Employer identification number

95-4139253
B Telephone number (see instructions)

(310) 268-2075
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$21,776,267J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
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).............. 1,018,915
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 112,535 112,535  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,786,943
b Gross sales price for all assets on line 6a 5,866,971
7 Capital gain net income (from Part IV, line 2)... 2,167,551
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 7,112 7,112  
12 Total. Add lines 1 through 11........ 2,925,505 2,287,198  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,648 3,648   0
b Accounting fees (attach schedule)....... Click to see attachment 55,304 55,304   0
c Other professional fees (attach schedule).... Click to see attachment 352,698 352,698   0
17 Interest............... 4,402 4,402   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,760 6,760   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 11,304 11,304   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 434,116 434,116   0
25 Contributions, gifts, grants paid........ 975,777 975,777
26 Total expenses and disbursements. Add lines 24 and 25 1,409,893 434,116   975,777
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,515,612
b Net investment income (if negative, enter -0-) 1,853,082
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 1,248,905 349,557 349,557
2 Savings and temporary cash investments.......... 201,811 458,785 458,785
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)........ 3,328,178 Click to see attachment4,441,246 4,747,662
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 11,108,607 Click to see attachment12,153,525 16,220,263
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,887,501 17,403,113 21,776,267
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 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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 15,887,501 17,403,113
30 Total net assets or fund balances (see instructions)...... 15,887,501 17,403,113
31 Total liabilities and net assets/fund balances (see instructions).. 15,887,501 17,403,113
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 15,887,501
2 Enter amount from Part I, line 27a..................... 2 1,515,612
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 17,403,113
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 17,403,113
Form 990-PF (2014)
Form 990-PF (2014)
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 APOLLO STRATEGIC VALUE P   2014-12-31
b ACACIA INSTITUTIONAL PARTNERS, LP P   2015-09-30
c ACACIA INSTITUTIONAL PARTNERS, LP P   2015-09-30
d ARMOR QUALIFIED, LP P   2015-09-30
e ARMOR QUALIFIED, LP P   2015-09-30
DIMENSIONAL - US SM CAP VALUE PORT-INSTITUTIONAL P   2014-12-16
DIMENSIONAL - US SM CAP VALUE PORT-INSTITUTIONAL P   2015-06-25
GUGGENHEIM PARTNERS OPPORTUNISTIC INV P   2015-02-02
TACONIC OFFSHORE P   2015-05-28
TACONIC OFFSHORE P   2015-08-26
APOLLO TOTAL RETURN FUND (OFFSHORE) LTD P   2015-04-01
APOLLO TOTAL RETURN FUND (OFFSHORE) LTD P   2015-07-01
52 SHS GENERAC HOLDINGS INC P 2014-05-02 2014-10-22
63 SHS GENERAC HOLDINGS INC P 2014-05-06 2014-10-22
303 SHS CBRE GROUP INC P 2013-11-22 2014-10-30
87 SHS GENERAC HOLDINGS INC P 2014-05-06 2014-10-31
12 SHS GENERAC HOLDINGS INC P 2014-05-15 2014-10-31
98 SHS GENERAC HOLDINGS INC P 2014-05-15 2014-11-04
108 SHS CBRE GROUP INC P 2013-11-22 2014-11-07
122 SHS O REILLY AUTOMOTIVE NEW P 2013-12-26 2014-12-19
141 SHS SIGNET JEWELERS LTD F P 2013-12-26 2014-12-19
77 SHS SIGNET JEWELERS LTD F P 2014-09-03 2014-12-26
9 SHS SIGNET JEWELERS LTD F P 2014-10-15 2014-12-19
198 SHS CBRE GROUP INC P 2013-12-26 2014-12-23
147 SHS CBRE GROUP INC P 2014-12-19 2014-12-29
125 SHS F M C CORP NEW P 2014-06-26 2015-02-17
1 SH F M C CORP NEW P 2014-06-30 2015-02-17
140 SHS WOLVERINE WORLDWIDE P 2014-07-17 2015-04-27
37 SHS WOLVERINE WORLDWIDE P 2014-12-19 2015-04-27
254 SHS GARMIN LTD NEW F P 2014-12-19 2015-04-29
165 SHS TEMPUR SEALY INTL P 2014-10-31 2015-04-30
113 SHS AMETEK INC P 2014-12-19 2015-06-25
37 SHS TEMPUR SEALY INTL P 2014-10-31 2015-06-29
131 SHS TEMPUR SEALY INTL P 2014-12-19 2015-06-29
113 SHS TEMPUR SEALY INTL P 2014-12-19 2015-07-07
284 SHS AMETEK INC P 2014-12-19 2015-07-14
12 SHS PALL CORP P 2014-09-19 2015-07-24
112 SHS PALL CORP P 2014-12-19 2015-07-24
46 SHS PALL CORP P 2014-09-19 2015-07-24
127 SHS PALL CORP P 2014-12-19 2015-07-27
124 SHS PALL CORP P 2014-12-19 2015-07-28
123 SHS PALL CORP P 2014-12-19 2015-08-07
86 SHS SCRIPPS NTWK P 2014-12-19 2015-08-24
3 SHS SS&C TECHNOLOGIES HLDG P 2014-09-19 2015-08-27
142 SHS TEMPUR SEALY INTL P 2014-12-19 2015-08-28
340 SHS CABELAS INC P 2014-12-19 2015-09-02
383 SHS O REILLY AUTOMOTIVE NEW D 2013-12-30 2014-12-19
523 SHS SIGNET JEWELERS LTD F D 2013-12-30 2014-12-19
79 SHS SIGNET JEWELERS LTD F D 2014-03-28 2014-12-19
56 SHS SIGNET JEWELERS LTD F D 2014-06-27 2014-12-19
384 SHS SIGNET JEWELERS LTD F D 2014-09-03 2014-12-19
55 SHS SIGNET JEWELERS LTD F D 2014-10-15 2014-12-19
220 SHS SIGNET JEWELERS LTD F D 2014-10-15 2014-12-19
71 SHS O REILLY AUTOMOTIVE NEW D 2014-03-28 2015-01-28
200 SHS ALIBABA GROUP HOLDING LTD SPONS ADR P 2014-09-18 2014-11-20
300 SHS KRAFT FOODS GROUP INC P   2015-07-07
320 SHS WOLVERINE WORLD WIDE INC P 2013-02-12 2014-10-23
91 SHS CBRE GROUP INC P 2013-02-12 2014-10-30
83 SHS KIRBY CORPORATION P 2013-02-12 2014-11-06
66 SHS WOLVERINE WORLD WIDE INC P 2013-02-12 2014-11-11
210 SHS WOLVERINE WORLD WIDE INC P 2013-02-12 2014-11-13
45 SHS WILLIAMS SONOMA P 2013-02-12 2014-12-01
44 SHS SHERWIN WILLIAMS CO P 2013-02-12 2014-12-02
24 SHS CBRE GROUP INC P 2013-11-22 2014-12-18
162 SHS CBRE GROUP INC P 2013-11-26 2014-12-18
503 SHS O REILLY AUTOMOTIVE NEW P 2013-02-12 2014-12-19
40 SHS O REILLY AUTOMOTIVE NEW P 2013-07-22 2014-12-19
5 SHS O REILLY AUTOMOTIVE NEW P 2013-07-22 2014-12-19
40 SHS O REILLY AUTOMOTIVE NEW P 2013-07-23 2014-12-19
50 SHS O REILLY AUTOMOTIVE NEW P 2013-10-24 2014-12-19
51 SHS SIGNET JEWELERS LTD F P 2013-02-12 2014-12-19
68 SHS CBRE GROUP INC P 2013-11-26 2014-12-23
108 SHS CBRE GROUP INC P 2013-12-26 2014-12-29
355 SHS WOLVERINE WORLD WIDE INC P 2013-02-12 2014-12-31
55 SHS MOHAWK INDUSTRIES INC P 2013-02-14 2015-01-08
50 SHS MOHAWK INDUSTRIES INC P 2013-02-15 2015-01-08
3 SHS MOHAWK INDUSTRIES INC P 2013-02-19 2015-01-08
52 SHS SHERWIN WILLIAMS CO P 2013-02-12 2015-01-09
52 SHS MOHAWK INDUSTRIES INC P 2013-02-19 2015-01-14
3 SHS MOHAWK INDUSTRIES INC P 2013-02-20 2015-01-14
35 SHS MOHAWK INDUSTRIES INC P 2013-02-20 2015-01-14
110 SHS TEMPUR SEALY INTL P 2013-09-11 2015-02-10
88 SHS TEMPUR SEALY INTL P 2013-09-16 2015-02-10
97 SHS TEMPUR SEALY INTL P 2013-09-16 2015-02-17
30 SHS TEMPUR SEALY INTL P 2013-09-30 2015-02-17
247 SHS GARMIN LTD NEW F P 2013-02-12 2015-02-19
9 SHS GARMIN LTD NEW F P 2013-02-12 2015-02-23
154 SHS GARMIN LTD NEW F P 2013-12-26 2015-02-23
82 SHS WILLIAMS SONOMA P 2013-02-12 2015-03-12
125 SHS WILLIAMS SONOMA P 2013-02-12 2015-03-17
134 SHS AMPHENOL CORP CL A P 2013-02-12 2015-03-26
56 SHS WOLVERINE WORLD WIDE INC P 2013-02-12 2015-03-27
90 SHS WOLVERINE WORLD WIDE INC P 2013-02-19 2015-03-27
72 SHS WOLVERINE WORLD WIDE INC P 2013-12-26 2015-03-27
15 SHS CABELAS INC P 2013-07-25 2015-03-31
80 SHS CABELAS INC P 2013-07-29 2015-03-31
15 SHS CABELAS INC P 2013-08-05 2015-03-31
55 SHS CABELAS INC P 2013-08-05 2015-04-06
55 SHS CABELAS INC P 2013-08-20 2015-04-06
19 SHS CABELAS INC P 2013-10-08 2015-04-06
22 SHS CABELAS INC P 2013-10-09 2013-04-06
220 SHS TEMPUR SEALY INTL P 2013-09-30 2015-04-06
2 SHS TEMPUR SEALY INTL P 2013-10-01 2015-04-06
29 SHS SHERWIN WILLIAMS CO P 2013-02-12 2015-04-08
45 SHS TEMPUR SEALY INTL P 2013-10-01 2015-04-10
23 SHS TEMPUR SEALY INTL P 2013-10-01 2015-04-10
10 SHS TEMPUR SEALY INTL P 2013-10-01 2015-04-10
78 SHS TEMPUR SEALY INTL P 2013-10-30 2015-04-10
38 SHS SHERWIN WILLIAMS CO P 2013-02-12 2015-04-15
20 SHS SHERWIN WILLIAMS CO P 2013-06-27 2015-04-15
165 SHS TEMPUR SEALY INTL P 2013-10-30 2015-04-22
84 SHS CABELAS INC P 2013-10-09 2015-04-23
70 SHS CABELAS INC P 2013-11-07 2015-04-23
102 SHS TEMPUR SEALY INTL P 2013-10-30 2015-04-23
2 SHS TEMPUR SEALY INTL P 2013-12-26 2015-04-23
129 SHS WOLVERINE WORLD WIDE P 2013-12-26 2013-04-27
42 SHS GARMIN LTD NEW F P 2013-12-26 2015-04-29
202 SHS TEMPUR SEALY INTL P 2013-12-26 2015-04-30
107 SHS PALL CORP P 2013-02-12 2015-05-12
103 SHS PALL CORP P 2013-02-12 2015-05-12
35 SHS AMETEK INC P 2013-12-03 2015-06-23
60 SHS AMETEK INC P 2013-12-26 2015-06-23
158 SHS PALL CORP P 2013-02-12 2015-06-23
50 SHS AMETEK INC P 2013-12-26 2015-06-25
11 SHS MARKEL CORP P 2013-05-03 2015-06-26
1 SH MARKEL CORP P 2013-12-26 2015-06-26
2 SHS MARKEL CORP P 2013-12-26 2015-07-07
211 SHS PALL CORP P 2013-02-12 2015-07-09
78 SHS TRANSDIGM GROUP INC P 2013-02-12 2015-07-13
12 SHS MARKEL CORP P 2013-12-26 2015-07-21
103 SHS PALL CORP P 2013-02-12 2015-07-24
124 SHS PALL CORP P 2013-12-26 2015-07-24
309 SHS HARLEY DAVIDSON INC P 2013-02-12 2015-07-30
107 SHS SS&C TECHNOLOGS HLDG P 2014-07-29 2015-08-17
127 SHS SCRIPPS NTWK INTERAC CLASS A P 2013-02-12 2015-08-24
32 SHS SCRIPPS NTWK INTERAC CLASS A P 2013-12-26 2015-08-24
94 SHS SS&C TECHNOLOGS HLDG P 2014-07-29 2015-08-27
45 SHS CABELAS INC P 2013-11-07 2015-09-02
135 SHS CABELAS INC P 2013-12-26 2015-09-02
188 SHS HARLEY DAVIDSON INC P 2013-02-12 2015-09-03
90 SHS HARLEY DAVIDSON INC P 2013-02-19 2015-09-03
70 SHS HARLEY DAVIDSON INC P 2013-04-25 2015-09-03
85 SHS HARLEY DAVIDSON INC P 2013-07-10 2015-09-03
185 SHS HARLEY DAVIDSON INC P 2013-12-26 2015-09-03
48 SHS TRANSDIGM GROUP INC P 2013-02-12 2015-09-18
126 SHS F M C CORP P 2014-06-30 2015-09-21
130 SHS F M C CORP P 2014-07-10 2015-09-21
18 SHS F M C CORP P 2014-08-08 2015-09-21
10 SHS MARKEL CORP HOLDING COMPANY D 2011-08-09 2014-10-22
10 SHS MARKEL CORP HOLDING COMPANY D 2012-02-14 2014-10-22
11 SHS MARKEL CORP HOLDING COMPANY D 2012-02-14 2014-11-04
6 SHS MARKEL CORP HOLDING COMPANY D 2012-02-14 2015-11-05
163 SHS BROOKFIELD ASSET MGMT FD VTG SHS CL A D 2010-10-05 2014-11-28
186 SHS BROOKFIELD ASSET MGMT FD VTG SHS CL A D 2010-10-05 2014-12-03
78 SHS BROOKFIELD ASSET MGMT FD VTG SHS CL A D 2011-09-16 2014-12-03
168 SHS BROOKFIELD ASSET MGMT FD VTG SHS CL A D 2011-09-16 2014-12-12
701 SHS O REILLY AUTOMOTIVE NEW D 2010-10-05 2014-12-19
135 SHS O REILLY AUTOMOTIVE NEW D 2012-06-27 2014-12-19
565 SHS O REILLY AUTOMOTIVE NEW D 2012-06-27 2014-12-19
250 SHS O REILLY AUTOMOTIVE NEW D 2012-09-13 2014-12-19
180 SHS O REILLY AUTOMOTIVE NEW D 2012-10-18 2014-12-19
25 SHS O REILLY AUTOMOTIVE NEW D 2013-07-22 2014-12-19
145 SHS O REILLY AUTOMOTIVE NEW D 2013-07-22 2014-12-19
150 SHS O REILLY AUTOMOTIVE NEW D 2013-07-23 2014-12-19
195 SHS O REILLY AUTOMOTIVE NEW D 2013-10-24 2014-12-19
98 SHS SIGNET JEWELERS LTD F D 2012-05-31 2014-12-19
247 SHS SIGNET JEWELERS LTD F D 2012-06-01 2014-12-19
76 SHS O REILLY AUTOMOTIVE NEW D 2013-12-30 2015-01-28
368 SHS AMETEK INC NEW D 2011-09-15 2015-03-26
11 SHS MARKEL CORP HOLDING COMPANY D 2012-02-14 2015-03-30
71 SHS O REILLY AUTOMOTIVE NEW D 2014-03-28 2015-04-14
194 SHS AMETEK INC D 2011-09-15 2015-06-23
44 SHS O REILLY AUTOMOTIVE D 2014-03-28 2015-07-01
269 SHS BROOKFIELD ASSET MGMT FD VTG SHS CL A D 2011-09-16 2015-07-15
51 SHS O REILLY AUTOMOTIVE D 2014-03-28 2015-07-17
57 SHS O REILLY AUTOMOTIVE D 2014-03-28 2015-07-21
31 SHS O REILLY AUTOMOTIVE D 2014-03-28 2015-07-29
221 SHS BROOKFIELD ASSET MGMT FD VTG SHS CL A D 2011-09-23 2015-07-30
300 SHS COCA COLA CO P 2013-06-27 2014-10-29
150 SHS BERKSHIRE HATHAWAY INC-CL B P 2013-06-27 2014-11-05
400 SHS WAL MART STORES INC P 2013-06-27 2014-11-10
200 SHS WAL MART STORES INC P   2014-11-13
150 SHS BERKSHIRE HATHAWAY INC-CL B P 2013-06-27 2014-11-24
400 SHS COMCAST CORP-SPECIAL CL A P 2013-06-27 2014-12-23
400 SHS COMCAST CORP-SPECIAL CL A P 2013-06-27 2015-02-04
100 SHS COMCAST CORP-SPECIAL CL A P 2013-10-18 2015-02-04
400 SHS COMCAST CORP-SPECIAL CL A P 2013-12-20 2015-04-07
400 SHS WAL MART STORES INC P 2013-12-20 2015-04-24
0.165 SH GOOGLE INC CLASS C C I L FRACT SHARES P 2013-06-27 2015-05-04
200 SHS UNITEDHEALTH GROUP INC P 2013-06-27 2015-05-27
100 SHS COCA COLA CO P 2013-06-27 2015-05-28
600 SHS COCA COLA CO P 2013-06-27 2015-06-03
100 SHS NESTLE SA SPONS ADR P 2013-07-01 2015-06-12
300 SHS NESTLE SA SPONS ADR P 2013-07-02 2015-06-12
100 SHS COCA COLA CO P 2013-06-27 2015-06-18
400 SHS COCA COLA CO P 2013-10-18 2015-06-18
800 SHS COCA COLA CO P 2013-12-20 2015-06-18
500 SHS LOEWS CORPORATION P 2013-12-20 2015-06-24
250 SHS CONSTELLATION BRANDS INC P 2013-06-27 2015-06-26
25 SHS NESTLE SA SPONS ADR P 2013-07-02 2015-07-10
125 SHS NESTLE SA SPONS ADR P 2013-10-21 2015-07-10
100 SHS NESTLE SA SPONS ADR P 2013-12-23 2015-07-10
300 SHS NESTLE SA SPONS ADR P 2013-12-24 2015-07-10
150 SHS PRAXAIR INC P 2013-06-27 2015-07-13
50 SHS PRAXAIR INC P 2013-10-18 2015-07-13
125 SHS 3M CO P 2013-06-27 2015-08-10
100 SHS 3M CO P 2013-12-20 2015-08-10
100 SHS WR BERKLEY CORD P 2013-06-27 2015-08-14
75 SHS CONSTELLATION BRANDS INC P 2013-06-27 2015-08-26
25 SHS UNITEDHEALTH GROUP INC P 2013-06-27 2015-08-26
100 SHS UNITEDHEALTH GROUP INC P 2013-06-28 2015-08-26
GUGGENHEIM HIGH YIELD PLUS FUND SPC P   2015-02-06
GUGGENHEIM HIGH YIELD PLUS FUND SPC P   2015-04-30
GUGGENHEIM HIGH YIELD PLUS FUND SPC P   2015-06-30
(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     1,068 -1,068
b 16,106     16,106
c 697,663     697,663
d     2,091 -2,091
e 122,896     122,896
22,757     22,757
658,429   394,431 263,998
40,217   26,058 14,159
286,357   250,000 36,357
213,354   187,500 25,854
6,836   6,804 32
6,674   6,602 72
2,309   2,855 -546
2,798   3,322 -524
9,621   7,091 2,530
3,948   4,587 -639
545   613 -68
4,336   5,007 -671
3,427   2,527 900
23,602   15,791 7,811
18,255   10,999 7,256
9,969   9,012 957
1,165   930 235
6,926   5,215 1,711
5,155   5,086 69
8,032   8,771 -739
64   71 -7
4,766   3,435 1,331
1,259   1,103 156
11,567   13,767 -2,200
10,116   8,601 1,515
6,084   5,934 150
2,461   1,929 532
8,712   7,222 1,490
7,649   6,230 1,419
15,830   14,915 915
1,507   1,010 497
14,068   11,073 2,995
5,778   3,872 1,906
15,953   12,557 3,396
15,670   12,260 3,410
15,557   12,161 3,396
4,585   6,816 -2,231
204   134 70
10,502   7,828 2,674
15,399   17,594 -2,195
74,096   49,379 24,717
67,713   40,785 26,928
10,228   8,378 1,850
7,250   6,132 1,118
49,716   44,943 4,773
7,121   5,685 1,436
28,483   22,738 5,745
13,712   10,381 3,331
22,222   13,600 8,622
4,950   3,914 1,036
8,526   7,013 1,513
2,890   2,205 685
8,795   5,934 2,861
1,751   1,446 305
5,587   4,602 985
3,308   2,072 1,236
10,745   7,181 3,564
813   562 251
5,485   3,922 1,563
97,311   51,296 46,015
7,738   4,781 2,957
967   598 369
7,738   4,780 2,958
9,673   6,234 3,439
6,603   3,201 3,402
2,379   1,646 733
3,788   2,845 943
10,643   7,780 2,863
8,580   5,885 2,695
7,800   5,412 2,388
468   322 146
14,290   8,487 5,803
8,576   5,575 3,001
495   324 171
5,772   3,642 2,130
5,869   4,596 1,273
4,695   3,752 943
5,490   4,136 1,354
1,698   1,322 376
12,639   9,276 3,363
445   338 107
7,610   7,128 482
6,699   3,777 2,922
10,494   5,757 4,737
7,636   4,749 2,887
1,821   1,227 594
2,927   2,025 902
2,342   2,401 -59
849   991 -142
4,527   5,290 -763
849   1,066 -217
3,095   3,907 -812
3,095   3,698 -603
1,069   1,166 -97
1,238   1,349 -111
12,714   9,695 3,019
116   90 26
8,412   4,733 3,679
2,613   2,013 600
1,335   1,030 305
581   448 133
4,529   3,056 1,473
11,074   6,202 4,872
5,829   3,593 2,236
9,731   6,464 3,267
4,815   5,150 -335
4,013   4,108 -95
6,188   3,996 2,192
121   106 15
4,391   4,302 89
1,913   1,944 -31
12,384   10,705 1,679
12,621   7,277 5,344
12,200   7,005 5,195
1,914   1,700 214
3,281   3,158 123
19,638   10,746 8,892
2,692   2,632 60
8,817   5,866 2,951
802   579 223
1,689   1,158 531
26,457   14,350 12,107
17,544   8,102 9,442
10,502   6,948 3,554
12,938   7,005 5,933
15,575   10,591 4,984
18,141   16,442 1,699
7,383   4,723 2,660
6,771   7,751 -980
1,706   2,716 -1,010
6,394   4,149 2,245
2,038   2,641 -603
6,114   8,888 -2,774
10,616   10,004 612
5,082   4,725 357
3,953   3,851 102
4,800   4,572 228
10,447   12,839 -2,392
11,117   4,985 6,132
4,757   8,922 -4,165
4,908   9,005 -4,097
680   1,163 -483
6,729   3,654 3,075
6,729   4,079 2,650
7,568   4,487 3,081
4,129   2,447 1,682
8,171   4,683 3,488
9,347   5,344 4,003
3,920   2,275 1,645
8,143   4,901 3,242
135,617   37,677 97,940
26,117   11,137 14,980
109,306   44,751 64,555
48,365   20,600 27,765
34,823   14,368 20,455
4,837   2,988 1,849
28,052   17,331 10,721
29,019   17,925 11,094
37,725   24,313 13,412
12,688   4,256 8,432
31,979   10,525 21,454
14,677   9,798 4,879
19,093   9,446 9,647
8,418   4,487 3,931
15,497   10,381 5,116
10,607   4,979 5,628
10,145   6,433 3,712
9,516   7,710 1,806
12,074   7,457 4,617
13,691   8,334 5,357
7,461   4,532 2,929
7,656   5,838 1,818
12,243   12,112 131
21,385   16,965 4,420
31,881   30,233 1,648
16,430   15,137 1,293
22,044   16,965 5,079
23,034   15,480 7,554
22,578   15,480 7,098
5,645   4,567 1,078
23,205   19,664 3,541
31,843   31,034 809
89   72 17
23,867   13,236 10,631
4,111   4,037 74
24,585   24,224 361
7,514   6,626 888
22,541   19,754 2,787
4,063   4,037 26
16,251   15,426 825
32,501   32,008 493
19,626   23,817 -4,191
29,302   12,958 16,344
1,882   1,646 236
9,412   8,933 479
7,529   7,244 285
22,588   21,773 815
17,722   17,275 447
5,907   6,239 -332
18,886   13,812 5,074
15,108   13,702 1,406
5,815   4,070 1,745
9,114   3,888 5,226
2,825   1,654 1,171
11,299   6,579 4,720
1,000,000   848,183 151,817
189,029   157,208 31,821
180,275   147,615 32,660
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       -1,068
b       16,106
c       697,663
d       -2,091
e       122,896
      22,757
      263,998
      14,159
      36,357
      25,854
      32
      72
      -546
      -524
      2,530
      -639
      -68
      -671
      900
      7,811
      7,256
      957
      235
      1,711
      69
      -739
      -7
      1,331
      156
      -2,200
      1,515
      150
      532
      1,490
      1,419
      915
      497
      2,995
      1,906
      3,396
      3,410
      3,396
      -2,231
      70
      2,674
      -2,195
      24,717
      26,928
      1,850
      1,118
      4,773
      1,436
      5,745
      3,331
      8,622
      1,036
      1,513
      685
      2,861
      305
      985
      1,236
      3,564
      251
      1,563
      46,015
      2,957
      369
      2,958
      3,439
      3,402
      733
      943
      2,863
      2,695
      2,388
      146
      5,803
      3,001
      171
      2,130
      1,273
      943
      1,354
      376
      3,363
      107
      482
      2,922
      4,737
      2,887
      594
      902
      -59
      -142
      -763
      -217
      -812
      -603
      -97
      -111
      3,019
      26
      3,679
      600
      305
      133
      1,473
      4,872
      2,236
      3,267
      -335
      -95
      2,192
      15
      89
      -31
      1,679
      5,344
      5,195
      214
      123
      8,892
      60
      2,951
      223
      531
      12,107
      9,442
      3,554
      5,933
      4,984
      1,699
      2,660
      -980
      -1,010
      2,245
      -603
      -2,774
      612
      357
      102
      228
      -2,392
      6,132
      -4,165
      -4,097
      -483
      3,075
      2,650
      3,081
      1,682
      3,488
      4,003
      1,645
      3,242
      97,940
      14,980
      64,555
      27,765
      20,455
      1,849
      10,721
      11,094
      13,412
      8,432
      21,454
      4,879
      9,647
      3,931
      5,116
      5,628
      3,712
      1,806
      4,617
      5,357
      2,929
      1,818
      131
      4,420
      1,648
      1,293
      5,079
      7,554
      7,098
      1,078
      3,541
      809
      17
      10,631
      74
      361
      888
      2,787
      26
      825
      493
      -4,191
      16,344
      236
      479
      285
      815
      447
      -332
      5,074
      1,406
      1,745
      5,226
      1,171
      4,720
      151,817
      31,821
      32,660
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 2,167,551
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 943,556 20,727,127 0.045523
2012 764,985 18,663,686 0.040988
2011 546,152 16,534,776 0.033031
2010 1,034,244 18,351,060 0.056359
2009 717,740 17,143,740 0.041866
2 Total of line 1, column (d) ...................... 2 0.217767
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 0.043553
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 22,161,259
5 Multiply line 4 by line 3....................... 5 965,189
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 18,531
7 Add lines 5 and 6......................... 7 983,720
8 Enter qualifying distributions from Part XII, line 4.............. 8 975,777
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 (2014)
Form 990-PF (2014)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 37,062
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 37,062
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 37,062
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 19,186
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 60,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 79,186
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 42,124
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet42,124 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletFFO Telephone no.bullet (310) 268-2075
    Located atbullet11601 WILSHIRE BLVD SUITE 1840LOS ANGELESCA ZIP+4bullet90025
    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 2014, 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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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
     
     
    .........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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    4b
     
    No
    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 (2014)
    Form 990-PF (2014)
    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
    THOMAS WERNER PRESIDENT & DIRECTOR
    1.00     		0 0 0
    11601 WILSHIRE BOULEVARD SUITE 1840
    LOS ANGELES,CA90025
    JILL WERNER VICE PRESIDENT & DIRECTOR
    1.00     		0 0 0
    11601 WILSHIRE BOULEVARD SUITE 1840
    LOS ANGELES,CA90025
    EDWARD WERNER TREASURER, SECRETARY & DIR
    1.00     		0 0 0
    11601 WILSHIRE BOULEVARD SUITE 1840
    LOS ANGELES,CA90025
    CAROLYN WERNER DIRECTOR
    0.00     		0 0 0
    11601 WILSHIRE BOULEVARD SUITE 1840
    LOS ANGELES,CA90025
    AMANDA WERNER DIRECTOR
    0.00     		0 0 0
    11601 WILSHIRE BOULEVARD SUITE 1840
    LOS ANGELES,CA90025
    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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    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.........................bullet0
    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
    21,151,029
    b
    Average of monthly cash balances.......................
    1b
    1,347,711
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,498,740
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    22,498,740
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    337,481
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,161,259
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,108,063
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,108,063
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    37,062
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    37,062
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,071,001
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,071,001
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,071,001
    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
    975,777
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    975,777
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    975,777
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 1,071,001
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 975,304
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 975,777
    a Applied to 2013, but not more than line 2a 975,304
    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 2014 distributable amount..... 473
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		1,070,528
    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 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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).)
    THOMAS WERNER
    JILL WERNER
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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 (2014)
    Form 990-PF (2014)
    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
    AFTER-SCHOOL ALL-STARS
    5670 WILSHIRE BLVD SUITE 620
    LOS ANGELES,CA90036     		NONE PUBLIC CONTRIBUTION 145,000
    ALZHEIMER'S ASSOCIATION
    225 NORTH MICHIGAN AVENUE STE 1700
    CHICAGO,IL60601     		NONE PUBLIC CONTRIBUTION 5,000
    CHILDREN'S HOSPITAL OF WISCONSIN
    PO BOX 1997 MS 3050
    MILWAUKEE,WI532011997     		NONE PUBLIC CONTRIBUTION 31,840
    CROSSROADS SCHOOL
    1714 21ST STREET
    SANTA MONICA,CA90404     		NONE PUBLIC CONTRIBUTION 25,000
    DANA-FARBER CANCER INSTITUTE
    10 BROOKLINE PLACE WEST 6TH FLOOR
    BROOKLINE,MA024457226     		NONE PUBLIC CONTRIBUTION 17,000
    JCAA
    7300 HART LANE
    AUSTIN,TX787312407     		NONE PUBLIC CONTRIBUTION 5,000
    LOS ANGELES PARKS FOUNDATION
    11973 SAN VICENTE BLVD SUITE 200
    LOS ANGELES,CA90049     		NONE PUBLIC CONTRIBUTION 90,000
    MILWAUKEE COLLEGE PREPARATORY SCHOOL OF WI INC
    2449 NORTH THRITY-SIXTH STREET
    MILWAUKEE,WI53210     		NONE PUBLIC CONTRIBUTION 50,000
    MILWAUKEE REPERTORY THEATRE
    108 EAST WELLS STREET
    MILWAUKEE,WI53202     		NONE PUBLIC CONTRIBUTION 2,500
    TEACH FOR AMERICA - MILWAUKEE
    700 WEST VIRGINIA STREET SUITE 610
    MILWAUKEE,WI53204     		NONE PUBLIC CONTRIBUTION 2,500
    THE CLARE FOUNDATION
    909 PICO BOULEVARD
    SANTA MONICA,CA90405     		NONE PUBLIC CONTRIBUTION 49,380
    THE NEIGHBORHOOD HOUSE CHARTER SCHOOL
    21 QUEEN STREET
    DORCHESTER,MA02122     		NONE PUBLIC CONTRIBUTION 6,000
    THE PLOUGHSHARES FUND
    1100 VERMONT AVENUE SUITE 300
    WASHINGTON,DC20005     		NONE PUBLIC CONTRIBUTION 15,000
    UNIVERSITY SCHOOL OF MILWAUKEE
    2100 WEST FAIRY CHASM ROAD
    MILWAUKEE,WI53217     		NONE PUBLIC CONTRIBUTION 18,260
    VASSAR COLLEGE
    124 RAYMOND AVENUE
    POUGHKEEPSIE,NY12604     		NONE PUBLIC CONTRIBUTION 250,000
    WESLEYAN UNIVERSITY
    45 WYLLYS AVENUE
    MIDDLETOWN,CT06459     		NONE PUBLIC CONTRIBUTION 10,000
    WEVIVA
    PO BOX 301641
    AUSTIN,TX78703     		NONE PUBLIC CONTRIBUTION 15,297
    MY FRIENDS PLACE
    PO BOX 3867
    HOLLYWOOD,CA90078     		NONE PUBLIC CONTRIBUTION 5,000
    THE BOB WOODRUFF FOUNDATION
    127 E 59TH STREET THIRD FLOOR
    NEW YORK,NY10022     		NONE PUBLIC CONTRIBUTION 5,000
    THE RED SOX FOUNDATION
    4 YAWKEE WAY
    BOSTON,MA02215     		NONE PUBLIC CONTRIBUTION 50,000
    BOYS & GIRLS CLUB OF GREATER MILWAUKEE
    1556 NORTH 6TH STREET PO BOX 12486
    MILWAUKEE,WI53212     		NONE PUBLIC CONTRIBUTION 2,500
    WILSHIRE BOULEVARD TEMPLE
    3663 WILSHIRE BLVD
    LOS ANGELES,CA900102798     		NONE PUBLIC CONTRIBUTION 100,000
    COMMUNITIES IN SCHOOLS OF LOS ANGELES
    2000 AVENUE OF THE STARS
    LOS ANGELES,CA90067     		NONE PUBLIC CONTRIBUTION 10,000
    CAMP HARBOR VIEW FOUNDATION
    200 CLARENDON STREET 60TH FLOOR
    BOSTON,MA02116     		NONE PUBLIC CONTRIBUTION 25,000
    CAMP SUNSHINE
    35 ACADIA ROAD
    CASCO,ME04015     		NONE PUBLIC CONTRIBUTION 2,000
    FIRST STAGE
    325 W WALNUT STREET
    MILWAUKEE,WI53212     		NONE PUBLIC CONTRIBUTION 2,500
    BRIDGE OVER TROUBLED WATERS INC
    47 WEST STREET
    BOSTON,MA02111     		NONE PUBLIC CONTRIBUTION 10,000
    OUR HOUSE GRIEF SUPPORT CENTER
    1663 SAWTELLE BLVD SUITE 300
    LOS ANGELES,CA90025     		NONE PUBLIC CONTRIBUTION 1,500
    NEW ENGLAND AQUARIUM
    CENTRAL WHARF
    BOSTON,MA021103399     		NONE PUBLIC CONTRIBUTION 1,000
    EGAN MARITIME INSTITUTE
    5A BAYBERRY COURT PO BOX 2923
    NANTUCKET,MA02584     		NONE PUBLIC CONTRIBUTION 1,000
    CYSTIC FIBROSIS FOUNDATION
    20875 CROSSROADS CIRCLE SUITE 350
    WAUKESHA,WI53186     		NONE PUBLIC CONTRIBUTION 1,500
    UCLA FOUNDATION
    10920 WILSHIRE BLVD SUITE 400
    LOS ANGELES,CA900246516     		NONE PUBLIC CONTRIBUTION 1,000
    RAISING A READER MA
    9B HAMILTON PLACE THIRD FLOOR
    BOSTON,MA02108     		NONE PUBLIC CONTRIBUTION 10,000
    ZOOLOGICAL SOCIETY OF MILWAUKEE
    10005 WEST BLUE MOUND ROAD
    MILWAUKEE,WI53226     		NONE PUBLIC CONTRIBUTION 10,000
    Total .................................bullet 3a 975,777
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 112,535  
    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.....     14 7,112  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,786,943  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,906,590 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,906,590
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    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
    Yes
    No
    organizations?
    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 namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    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
    2014
    Name of the organization
    THE WERNER FAMILY FOUNDATION
     
    Employer identification number

    95-4139253
    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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    THE WERNER FAMILY FOUNDATION
          		Employer identification number

    95-4139253
    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
     
     

    JILL TROY WERNER  
    11601 WILSHIRE BLVD STE 1840
     
    LOS ANGELES, CA90025

    		$1,018,915


    (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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    THE WERNER FAMILY FOUNDATION
          		Employer identification number

    95-4139253
    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
    		 PUBLICLY TRADED, LISTED, MARKETABLE SECURITIES $ 1,018,915 2014-12-17
    (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
     
    		$    
    (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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    THE WERNER FAMILY FOUNDATION
          		Employer identification number

    95-4139253
    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) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING & AUDITING SERVICES 55,304 55,304   0

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB INSTITUTIONAL 2,422,937 2,510,291
    CITY NATIONAL BANK - EAGLE 2,018,309 2,237,371

    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACACIA INSTITUTIONAL LP AT COST 1,547,445 2,495,831
    DFA SMALL CAP VALUE PORTFOLIO AT COST 0 0
    SEG PARTNERS OFFSHORE, LTD. AT COST 627,073 1,788,622
    APOLLO STRATREGIC VALUE OFFSHORE FUND AT COST 0 0
    LANSDOWNE UK EQUITY FUND AT COST 1,095,285 2,142,642
    CARAVEL OFFSHORE AT COST 750,000 633,071
    ARMOR QUALIFIED LP AT COST 582,485 838,295
    EMPIRE CAPIAL PARTNERS, LP AT COST 0 0
    GUGGENHEIM PARTNERS OPPORTUNISTIC FUND AT COST 1,035,511 1,666,074
    GUGGENHEIM HIGH-YIELD PLUS FUND AT COST 39,024 46,347
    TACONIC OPPORTUNITY OFFSHORE FUND AT COST 562,500 608,614
    SOTHIC CAPITAL EUROPEAN OPPORTUNITIES FUND AT COST 750,000 772,412
    CYRUS OPPORTUNITIES FUND II AT COST 1,500,000 1,665,318
    CANYON BALANCED FUND AT COST 500,000 480,406
    PAULSON CREDIT OPPORTUNITIES LTD AT COST 500,000 401,061
    HORSEMAN EUROPEAN AT COST 500,000 513,923
    MSA EASTON-ADS INVESTORS, LP AT COST 427,608 427,430
    APOLLO TOTAL RETURN FUND (OFFSHORE) LTD AT COST 986,594 990,217
    MSA WEST SIDE INVESTORS LP AT COST 500,000 500,000
    MSA BROADWAY INVESTORS LP AT COST 250,000 250,000

    TY 2014 LegalFeesSchedule
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,648 3,648   0


    TY 2014 OtherExpensesSchedule
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARTNERSHIPS - PROFESSIONAL FEES 1,744 1,744   0
    PARTNERSHIPS - MANAGEMENT FEES 7,988 7,988   0
    PARTNERSHIPS - OTHER EXPENSES 1,572 1,572   0


    TY 2014 OtherIncomeSchedule2
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM PASSTHROUGHS 7,112 7,112 7,112


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 352,698 352,698   0


    TY 2014 SubstantialContributorsSch
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Name Address
    THOMAS WERNER 11601 WILSHIRE BLVD SUITE 1840
    LOS ANGELES,CA90025
    JILL WERNER 11601 WILSHIRE BLVD SUITE 1840
    LOS ANGELES,CA90025


    TY 2014 TaxesSchedule
    Name:
    THE WERNER FAMILY FOUNDATION
    EIN: 95-4139253
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD - DIVIDENDS 6,750 6,750   0
    CALIFORNIA FRANCHISE TAX BOARD 10 10   0