Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
SHEAR FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)103 GAMMA DRIVE NO 120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15238
A Employer identification number

47-1833006
B Telephone number (see instructions)

(412) 580-6297
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$160,687,020J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 160,488,091
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 5,032 5,032  
4 Dividends and interest from securities... 411,628 411,628  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,478,265
b Gross sales price for all assets on line 6a 4,006,083
7 Capital gain net income (from Part IV, line 2)... 1,478,265
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).......      
12 Total. Add lines 1 through 11........ 162,383,016 1,894,925  
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 3,898 0   3,898
b Accounting fees (attach schedule)....... Click to see attachment 15,701 750   14,951
c Other professional fees (attach schedule).... Click to see attachment 49,577 49,577   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 36,000 0   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 260 260   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 105,436 50,587   18,849
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 105,436 50,587   18,849
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 162,277,580
b Net investment income (if negative, enter -0-) 1,844,338
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments.........   105,206,706 105,206,706
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)....... 0 Click to see attachment36,706,385 36,706,385
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).......... 0 Click to see attachment18,773,929 18,773,929
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) 0 160,687,020 160,687,020
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   Click to see attachment44,599
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 44,599
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 0 160,642,421
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 0 160,642,421
31 Total liabilities and net assets/fund balances (see instructions). 0 160,687,020
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
0
2
Enter amount from Part I, line 27a .....................
2
162,277,580
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
162,277,580
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,635,159
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
160,642,421
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES D    
b PUBLICLY TRADED SECURITIES D    
c
d
e
(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 2,220,302   1,867,522 352,780
b 1,785,781   660,296 1,125,485
c
d
e
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       352,780
b       1,125,485
c
d
e
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 1,478,265
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 0 0 0.000000
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
20.000000
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
0.000000
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
78,256,671
5
Multiply line 4 by line 3......................
5
0
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
18,443
7
Add lines 5 and 6........................
7
18,443
8
Enter qualifying distributions from Part XII, line 4.............
8
18,849
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 18,443
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 18,443
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 18,443
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 36,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,000
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 17,557
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet17,557 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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRICK ROADARMEL Telephone no.bullet (412) 580-6297

    Located atbullet103 GAMMA DRIVEPITTSBURGHPA ZIP+4bullet15238
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BARBARA S SHEAR PRESIDENT/DIRECTOR
    0.20     		0 0 0
    103 GAMMA DRIVE SUITE 120
    PITTSBURGH,PA15238
    HERBERT S SHEAR VICE PRESIDENT/DIRECTOR
    0.20     		0 0 0
    103 GAMMA DRIVE SUITE 120
    PITTSBURGH,PA15238
    GERALD A SHEAR SECRETARY/DIRECTOR
    0.20     		0 0 0
    103 GAMMA DRIVE SUITE 120
    PITTSBURGH,PA15238
    JOHN A SHEAR TREASURER/DIRECTOR
    0.20     		0 0 0
    103 GAMMA DRIVE SUITE 120
    PITTSBURGH,PA15238
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,076,102
    b
    Average of monthly cash balances.......................
    1b
    60,659,995
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,712,300
    d
    Total (add lines 1a, b, and c).........................
    1d
    79,448,397
    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
    79,448,397
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,191,726
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    78,256,671
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,912,834
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    3,912,834
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    18,443
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,443
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,894,391
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,894,391
    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
    3,894,391
    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
    18,849
    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
    18,849
    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
    18,443
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    406
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 3,894,391
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 18,849
    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..... 18,849
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		3,875,542
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    BARBARA S SHEAR
    HERBERT S SHEAR
    GERALD A SHEAR
    JOHN A SHEAR
    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 (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 5,032  
    4 Dividends and interest from securities....     14 411,628  
    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 1,478,265  
    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 1,894,925 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,894,925
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


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

    47-1833006
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    SHEAR FAMILY FOUNDATION INC
          		Employer identification number
    47-1833006
    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
     
     

    HERBERT S AND BARBARA S SHEAR  
    215 N WOODLAND ROAD
     
    PITTSBURGH, PA15232

    		$ 130,265,430


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    JOHN S SHEAR  
    1916 N HONORE
     
    CHICAGO, IL60622

    		$ 15,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    GERALD A SHEAR  
    200 HOOVER AVE UNIT 1704
     
    LAS VEGAS, NV89101

    		$ 15,222,659


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

    47-1833006
    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
    		 VARIOUS PUBLICLY TRADED SECURITIES $ 6,665,430 2015-07-01
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    3
    		 VARIOUS PUBLICLY TRADED SECURITIES $ 1,855,593 2015-07-01
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    SHEAR FAMILY FOUNDATION INC
          		Employer identification number

    47-1833006
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 15,701 750   14,951

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10,000 SHS BERKSHIRE HATHAWAY 1,320,400 1,320,400
    20,000 SHS CHEVRON CORPORATION 1,799,200 1,799,200
    50,000 SHS CISCO SYSTEMS INC 1,357,750 1,357,750
    30,000 SHS COCO COLA COMPANY 1,288,800 1,288,800
    80,000 SHS CORNING INC 1,462,400 1,462,400
    15,000 SHS CVS HEALTH CORP 1,466,550 1,466,550
    20,000 SHS DEERE & CO 1,525,400 1,525,400
    32,000 SHS DU PONT EL DE NEMOUR 2,131,200 2,131,200
    10,000 SHS FEDEX CORPORATION 1,489,900 1,489,900
    55,000 SHS GENERAL MOTORS CO 1,870,550 1,870,550
    40,000 SHS INTEL CORP 1,378,000 1,378,000
    12,000 SHS JOHNSON & JOHNSON 1,232,640 1,232,640
    20,000 SHS JPMORGAN CHASE & CO 1,320,600 1,320,600
    30,000 SHS MICROSOFT CORP 1,664,400 1,664,400
    40,000 SHS PFIZER INCORPORATED 1,291,200 1,291,200
    40,000 SHS QUALCOMM INC 1,999,400 1,999,400
    20,000 SHS VERIZON COMMUNICATION 924,400 924,400
    10,000 SHS 3M COMPANY 1,506,400 1,506,400
    600 SHS ALLERGAN PLC 187,500 187,500
    230 SHS ALPHABET INC 178,942 178,942
    2,900 SHS AMPHENOL CORP 151,467 151,467
    2,270 SHS APPLE INC 238,940 238,940
    940 SHS BERKSHIRE HATHAWAY 124,118 124,118
    330 SHS BIOGEN INC 101,096 101,096
    660 SHS BUFFALO WILD WINGS 105,369 105,369
    1,400 SHS CASEYS GEN STORE 168,630 168,630
    2,295 SHS COGNIZANT TECH SOLU 137,746 137,746
    2,600 SHS CONOCOPHILLIPS 121,394 121,394
    1,140 SHS CUMMINS INC 100,331 100,331
    1,730 SHS CVS HEALTH CORP 169,142 169,142
    2,800 SHS DOLLAR TREE INC 216,216 216,216
    1,380 SHS ECOLAB INC 157,844 157,844
    1,500 SHS EXPRESS SCRIPTS HLDG 131,115 131,115
    3,320 SHS FASTENAL CO 135,522 135,522
    870 SHS FLEETCOR TECHNOLOGIE 124,349 124,349
    1,800 SHS GILEAD SCIENCES INC 182,142 182,142
    1,350 SHS INTUIT INC 130,275 130,275
    2,200 SHS MASTERCARD INC 214,192 214,192
    2,100 SHS MAXIMUS INC 118,125 118,125
    1,600 SHS MIDDLEBY CORP 172,592 172,592
    2,700 SHS NOVO-NORDISK A-S 156,816 156,816
    2,500 SHS ORACLE CORPORATION 91,325 91,325
    1,300 SHS PEPSICO INCORPORATED 129,896 129,896
    960 SHS PERRIGO CO PLC 138,912 138,912
    1,900 SHS PHILLIPS 66 155,420 155,420
    150 SHS PRICELINE GROUP 191,243 191,243
    540 SHS SHERWIN WILLIAMS CO 140,184 140,184
    2,480 SHS TJX COMPANIES INC 175,857 175,857
    2,040 SHS UNION PACIFIC CORP 159,528 159,528
    2,450 SHS WELLS FARGO & CO 133,182 133,182
    2,963 SHS ABBOTT LABORATORIES 133,068 133,068
    1,969 SHS AMETEK INC 104,983 104,983
    3,089 SHS AMPHENOL CORP 161,338 161,338
    848 SHS ANSYS INC 78,440 78,440
    1,156 SHS APPLE INC 121,681 121,681
    1,417 SHS AUTO DATA PROCESSING 120,048 120,048
    1,014 SHS CELGENE CORP 121,437 121,437
    5,285 SHS CHARLES SCHWAB CORP 174,035 174,035
    84 SHS CHIPOTLE MEXICAN GRILL 40,307 40,307
    1,178 SHS COLGATE-PALMOLIVE CO 78,478 78,478
    1,571 SHS ECOLAB INC 179,691 179,691
    1,692 SHS MASTERCARD INC 164,733 164,733
    102 SHS PRICELINE GROUP 130,045 130,045
    2,074 SHS QUINTILE TRANSLNATL 142,401 142,401
    745 SHS RALPH LAUREN CORP 83,053 83,053
    2,633 SHS SENSATA TECH HLDGS 121,276 121,276
    1,546 SHS VERISK ANALYTICS INC 118,856 118,856
    2,010 SHS VF CORPORATION 125,123 125,123
    1,543 SHS YUM BRANDS INC 112,717 112,717
    3,553 SHS ZOETIS INC 170,260 170,260
    343 SHS AETNA INC 37,085 37,085
    792 SHS ALLSTATE CORPORATION 49,175 49,175
    429 SHS AMER ELECTRIC PWR CO 24,998 24,998
    260 SHS AMERN FINANCIAL GP 18,741 18,741
    521 SHS APPLE INC 54,840 54,840
    1,963 SHS APPLIED MATERIALS 36,649 36,649
    1,086 SHS BANK OF AMERICA CORP 18,277 18,277
    341 SHS CAPITAL ONE FINL 24,613 24,613
    347 SHS CARNIVAL CORP 18,905 18,905
    1,012 SHS CF INDUSTRIES HLDG 41,300 41,300
    204 SHS CHEVRON CORPORATION 18,352 18,352
    1,370 SHS CISCO SYSTEMS INC 37,202 37,202
    489 SHS CLOROX COMPANY 62,020 62,020
    754 SHS COMPUTER SCIENCES CO 24,641 24,641
    718 SHS DELTA AIR LINES INC 36,395 36,395
    717 SHS DOW CHEMICAL COMPANY 36,911 36,911
    932 SHS DR PEPPER SNAPPLE GP 86,862 86,862
    705 SHS EATON CORP PLC 36,688 36,688
    473 SHS EXXON MOBIL CORP 36,870 36,870
    1,068 SHS FIDELITY NATL FINL 37,028 37,028
    1,219 SHS FIFTH THIRD BANCORP 24,502 24,502
    1,108 SHS FIRST AMER FINANCIAL 39,777 39,777
    1,748 SHS FORD MOTOR COMPANY 24,629 24,629
    968 SHS FS INVESTMENT CORP 8,702 8,702
    1,102 SHS GAMESTOP CORP 30,900 30,900
    363 SHS GILEAD SCIENCES INC 36,732 36,732
    2,132 SHS HP INC 25,243 25,243
    185 SHS HASBRO INC 12,462 12,462
    1,415 SHS HEWLETT PACKARD ENTE 21,508 21,508
    189 SHS HOME DEPOT INC 24,995 24,995
    332 SHS ILLINOIS TOOL WORKS 30,770 30,770
    1,073 SHS INTEL CORP 36,965 36,965
    622 SHS JETBLUE AIRWAYS CORP 14,088 14,088
    724 SHS JOHNSON & JOHNSON 74,369 74,369
    1,033 SHS JPMORGAN CHASE & CO 68,209 68,209
    690 SHS KIMBERLY-CLARK CORP 87,837 87,837
    209 SHS L-3 COMMUNICATIONS 24,978 24,978
    143 SHS LOCKHEED MARTIN CORP 31,052 31,052
    780 SHS LYONDELLBASELL INDS 67,782 67,782
    598 SHS MAGNA INTL INC 24,255 24,255
    317 SHS MC DONALDS CORP 37,450 37,450
    474 SHS MERCK & CO INC 25,037 25,037
    518 SHS METLIFE INC 24,973 24,973
    1,797 SHS MICROSOFT CORP 99,698 99,698
    648 SHS NISOURCE INC HOLDING 12,642 12,642
    666 SHS OLD REPUBLIC INTL CO 12,408 12,408
    2,491 SHS PFIZER INCORPORATED 80,409 80,409
    1,095 SHS PPL CORPORATION 37,372 37,372
    705 SHS PROCTER & GAMBLE 55,984 55,984
    324 SHS PUB SVC ENTERPISE GP 12,536 12,536
    2,053 SHS REGAL ENTERTAINMENT 38,740 38,740
    850 SHS RR DONNELLEY & SONS 12,512 12,512
    116 SHS SCOTTS MIRACLE GROUP 7,483 7,483
    598 SHS TARGET CORPORATION 43,421 43,421
    441 SHS TEXAS INSTRUMENTS 24,171 24,171
    223 SHS TRAVELERS COMPANIES 25,168 25,168
    212 SHS UNITEDHEALTH GRP INC 24,940 24,940
    522 SHS VALERO ENERGY CORP 36,911 36,911
    1,847 SHS VERIZON COMMUNICATN 86,616 86,616
    780 SHS VODAFONE GROUP 25,163 25,163
    468 SHS WASTE MANAGEMENT INC 24,977 24,977
    1,483 SHS WELLS FARGO & CO 80,616 80,616
    293 SHS WESTAR ENERGY INC 12,426 12,426
    2,873 SHS XEROX CORP 30,540 30,540
    262 SHS XILINX INC 12,306 12,306
    1,110 SHS RLJ LODGING TRUST REIT 24,009 24,009

    TY 2015 InvestmentsOtherSchedule2
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    5,150 SHS ISHARES MSCI EAFE ETF AT COST 302,408 302,408
    6,000 SHS ISHS RUSSELL TOP 200 GR AT COST 321,240 321,240
    16,200 SHS VANGUARD GROWTH ETF AT COST 1,723,518 1,723,518
    6,050 SHS VANGUARD SM CAP GROWTH AT COST 734,712 734,712
    88,126.517 SHS EFA INTL VALUE PORT AT COST 1,412,668 1,412,668
    50,000 SHS VANGUARD FTSE DEV MKTS AT COST 1,836,000 1,836,000
    50,000 SHS VANGUARD FTSE EMER MKTS ETF AT COST 1,635,500 1,635,500
    4,500 SHS MESIROW ABSOL RTN FUND, LTD AT COST 4,333,719 4,333,719
    69,612 SHS ARCHIPELAGO HLDGS, LTD AT COST 1,979,277 1,979,277
    CORMORANT PRIV HEALTHCARE FD I LP AT COST 2,494,887 2,494,887
    ION AT COST 2,000,000 2,000,000

    TY 2015 LegalFeesSchedule
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 3,898 0   3,898


    TY 2015 LoansFromOfficersSchedule
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006

    Item No. 1
    Lender's Name SHEAR INVESTMENTS LLC
    Lender's Title  
    Original Amount of Loan 44599
    Balance Due 44599
    Date of Note  
    Maturity Date  
    Repayment Terms PAY IN FULL
    Interest Rate 0.000000000000
    Security Provided by Borrower N/A
    Purpose of Loan INITIAL START UP EXPENSES
    Description of Lender Consideration N/A
    Consideration FMV  


    TY 2015 OtherDecreasesSchedule
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Description Amount
    UNREALIZED LOSS 1,635,159


    TY 2015 OtherExpensesSchedule
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 260 260   0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 49,577 49,577   0


    TY 2015 SubstantialContributorsSch
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Name Address
    HERBERT S BARBARA S SHEAR 215 N WOODLAND ROAD
    PITTSBURGH,PA15232
    JOHN S SHEAR 1916 N HONORE
    CHICAGO,IL60622
    GERALD A SHEAR 200 HOOVER AVE UNIT 1704
    LAS VEGAS,NV89101


    TY 2015 TaxesSchedule
    Name:
    SHEAR FAMILY FOUNDATION INC
    EIN:
    47-1833006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 36,000 0   0