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 04-27-2015 , and ending 12-31-2015
Name of foundation
W SETON BELT CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)620 LIBERTY AVENUE 10TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705
A Employer identification number

47-3462346
B Telephone number (see instructions)

(412) 768-9969
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$41,078,938J 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) 43,314,679
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 609,095 609,666  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,070,695
b Gross sales price for all assets on line 6a 7,993,925
7 Capital gain net income (from Part IV, line 2)... 1,070,695
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 544 6,704  
12 Total. Add lines 1 through 11........ 44,995,013 1,687,065  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 101,241 80,993   20,248
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 23,732 0 0 23,732
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,577 357   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1 1,740    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 133,551 83,090 0 43,980
25 Contributions, gifts, grants paid....... 798,469 798,469
26 Total expenses and disbursements. Add lines 24 and 25 932,020 83,090 0 842,449
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 44,062,993
b Net investment income (if negative, enter -0-) 1,603,975
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments.........   1,572,900 1,572,900
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......   3,538,973 4,260,528
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)..........   Click to see attachment34,301,195 35,245,510
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)   39,413,068 41,078,938
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........   39,076,138
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds   336,930
30 Total net assets or fund balances (see instructions).....   39,413,068
31 Total liabilities and net assets/fund balances (see instructions). 0 39,413,068
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
 
2
Enter amount from Part I, line 27a .....................
2
44,062,993
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
44,062,993
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,649,925
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
39,413,068
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 159.572 DIAMOND HILL LONG-SHORT FUND CL I   2014-02-26 2015-05-04
b 48.026 DRIEHAUS ACTIVE INCOME FUND FUND 640   2015-04-27 2015-05-04
c 49.146 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND   2014-10-24 2015-05-04
d 15. SECTOR SPDR TR SBI CYCL TRANS   2015-03-31 2015-05-04
e 11. SECTOR SPDR TR SBI INT-TECH   2015-03-31 2015-05-04
154. SECTOR SPDR TR SBI INT-TECH   2015-03-31 2015-05-04
350. POTASH CORP SASK INC LESS EXCHANGE RATE OF .6921   2014-08-07 2015-05-06
350. KROGER CO   2014-07-09 2015-05-08
466. PROCTER & GAMBLE CO   2012-11-30 2015-05-08
140. GLAXO WELLCOME PLC SPONSORED ADR   2013-05-20 2015-05-18
570. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104   2014-02-28 2015-05-18
130. GLAXO WELLCOME PLC SPONSORED ADR   2013-05-20 2015-05-19
3774.128 DRIEHAUS ACTIVE INCOME FUND FUND 640   2013-06-20 2015-05-20
182.86 PIMCO COMMODITY REALRETURN STRATEGY FUND   2011-12-07 2015-05-20
4231.659 PIMCO COMMODITY REALRETURN STRATEGY FUND   2011-06-17 2015-05-20
1070. DELTA AIR LINES INC   2013-07-02 2015-05-21
350. UNION PAC CORP COM   2010-04-29 2015-05-21
150. TIME WARNER INC   2013-12-18 2015-06-16
130. WYNDHAM WORLDWIDE CORP   2011-06-28 2015-06-16
90. AETNA INC NEW   2013-05-14 2015-06-17
80. CIGNA CORP   2015-01-09 2015-06-17
170. ST JUDE MEDICAL INC   2013-01-18 2015-06-17
260. MERCK & CO INC   2009-03-19 2015-06-18
103. MCDONALDS CORP COM   2011-05-24 2015-06-24
7. MCDONALDS CORP COM   2013-04-04 2015-06-24
235. HCP INC REIT   2014-06-11 2015-06-25
210. HCP INC REIT   2014-12-10 2015-06-25
110. LILLY ELI & CO   2011-05-24 2015-07-01
172. PFIZER INC COM   2010-01-07 2015-07-01
23. PFIZER INC COM   2010-01-07 2015-07-01
220. AETNA INC NEW   2013-05-14 2015-07-07
100. CIGNA CORP   2015-01-09 2015-07-07
750. ALLSTATE CORP   2013-02-20 2015-07-17
130. ALLSTATE CORP   2014-10-17 2015-07-17
270. DISNEY WALT CO   2012-07-13 2015-07-17
370. JOHNSON & JOHNSON COM   2011-05-17 2015-07-17
418.759 DRIEHAUS ACTIVE INCOME FUND FUND 640   2013-06-20 2015-07-24
10653.122 DRIEHAUS ACTIVE INCOME FUND FUND 640   2015-04-27 2015-07-24
1069.172 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I   2015-05-20 2015-07-24
27256.86 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I   2015-01-26 2015-07-24
22. ISHARES TIPS BOND ETF   2015-05-20 2015-07-24
561. ISHARES TIPS BOND ETF   2015-04-27 2015-07-24
257.786 NEUBERGER BERMAN REAL ESTATE FUND CLASS I   2015-05-20 2015-07-24
6593.797 NEUBERGER BERMAN REAL ESTATE FUND CLASS I   2015-01-26 2015-07-24
5. SPDR GOLD TRUST ETF   2015-05-20 2015-07-24
141. SPDR GOLD TRUST ETF   2015-01-26 2015-07-24
685. LEVEL 3 COMMUNICATIONS INC   2014-03-07 2015-07-30
265. LEVEL 3 COMMUNICATIONS INC   2014-03-07 2015-07-30
72. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2015-07-31
5. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2015-07-31
5. SECTOR SPDR TR SBI CYCL TRANS   2015-03-31 2015-07-31
65. SECTOR SPDR TR SBI CYCL TRANS   2015-03-31 2015-07-31
389. SECTOR SPDR TR SBI INT-TECH   2015-03-31 2015-07-31
6255. SECTOR SPDR TR SBI INT-TECH   2015-03-31 2015-07-31
162.245 HATTERAS CORE ALTERNATIVES INSTITUTIONAL FUND, L.P.   2011-07-01 2015-08-04
259. HANESBRANDS INC - W/I   2014-02-19 2015-08-05
297. HANESBRANDS INC - W/I   2014-02-19 2015-08-05
624. HANESBRANDS INC - W/I   2014-02-19 2015-08-05
128. TYSON FOODS INC CLASS A   2015-05-08 2015-08-05
702. TYSON FOODS INC CLASS A   2015-05-08 2015-08-05
355. CONOCOPHILLIPS   2011-05-24 2015-08-07
970. CONOCOPHILLIPS   2013-08-30 2015-08-14
.75 CARE CAPITAL PROPERTIES INC   2010-08-26 2015-08-24
53. CARE CAPITAL PROPERTIES INC   2010-08-26 2015-08-26
2383. ISHARES TR S&P SMLCAP 600   2015-07-31 2015-08-31
148. ISHARES TR S&P SMLCAP 600   2015-07-31 2015-08-31
320. NOVARTIS AG SPONSORED ADR   2015-07-17 2015-09-04
265. CHEVRON CORPORATION   2009-02-04 2015-09-09
430. BERKSHIRE HATHAWAY INC CLASS B   2015-01-22 2015-09-10
84. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2015-05-04 2015-09-30
6. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2015-05-04 2015-09-30
3679. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2015-09-30
228. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2015-09-30
5500. SECTOR SPDR TR SBI CONS STPLS   2015-08-31 2015-09-30
343. SECTOR SPDR TR SBI CONS STPLS   2015-08-31 2015-09-30
144.643 HATTERAS CORE ALTERNATIVES INSTITUTIONAL FUND, L.P.   2011-07-01 2015-09-30
.375 PJT PARTNERS INC - A W/I   2014-04-02 2015-10-07
6. PJT PARTNERS INC - A W/I   2014-04-02 2015-10-09
440. TIME WARNER INC   2013-12-18 2015-10-14
180. VOYA FINL INC COM   2014-10-17 2015-10-14
527. VOYA FINL INC COM   2014-10-17 2015-10-15
123. VOYA FINL INC COM   2014-10-17 2015-10-15
2531.101 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2012-04-05 2015-10-16
382.664 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2014-12-30 2015-10-16
5470.203 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2014-12-30 2015-10-19
36200.257 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2012-04-10 2015-10-19
75.149 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2014-12-30 2015-10-20
1.262 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2012-12-28 2015-10-20
1074.26 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2014-12-30 2015-10-21
230. APPLE INC   2013-10-03 2015-10-22
750. HCA HOLDINGS INC   2014-08-06 2015-10-22
190. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-27 2015-10-22
150.612 AQR MANAGED FUTURES STRATEGY FUND CLASS I   2015-05-20 2015-10-27
3845.346 AQR MANAGED FUTURES STRATEGY FUND CLASS I   2014-10-24 2015-10-27
121.129 DIAMOND HILL LONG-SHORT FUND CL I   2015-05-20 2015-10-27
3077.487 DIAMOND HILL LONG-SHORT FUND CL I   2014-02-26 2015-10-27
1387.665 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND   2015-05-20 2015-10-27
4021.05 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND   2015-01-26 2015-10-27
18482.034 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND   2015-07-24 2015-10-27
12960.35 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND   2014-10-24 2015-10-27
244.801 ASG GLOBAL ALTERNATIVES FUND CL Y   2015-05-20 2015-10-27
832.81 ASG GLOBAL ALTERNATIVES FUND CL Y   2015-05-04 2015-10-27
5424.635 ASG GLOBAL ALTERNATIVES FUND CL Y   2015-01-26 2015-10-27
40. ALASKA AIR GROUP INC   2014-12-12 2015-10-28
40. CVS CAREMARK CORP   2013-05-14 2015-10-28
50. FOOT LOCKER INC   2014-03-13 2015-10-28
90. J P MORGAN CHASE & CO COM   2009-04-17 2015-10-28
50. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2015-10-28
135. PROCTER & GAMBLE CO   2009-02-04 2015-10-28
60. REYNOLDS AMERICAN INC   2014-10-10 2015-10-28
6970. SECTOR SPDR TR SBI CYCL TRANS   2015-08-31 2015-10-28
216. SECTOR SPDR TR SBI CYCL TRANS   2015-03-31 2015-10-28
433. SECTOR SPDR TR SBI CYCL TRANS   2015-09-30 2015-10-28
3466. SECTOR SPDR TR SBI CYCL TRANS   2015-03-31 2015-10-28
120. WEC ENERGY GROUP INC   2009-03-26 2015-10-28
120. WELLS FARGO & CO NEW COM   2009-04-22 2015-10-28
550. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2015-11-13
510. WESTROCK CO-WHEN ISSUED   2015-03-18 2015-11-13
3997. SPDR TR UNIT SER 1   2015-10-28 2015-11-30
248. SPDR TR UNIT SER 1   2015-10-28 2015-11-30
680. ST JUDE MEDICAL INC   2013-01-18 2015-11-30
150. SNAP-ON INC COM   2014-08-04 2015-11-30
75. QUALCOMM   2011-05-24 2015-12-02
15. QUALCOMM   2011-05-24 2015-12-02
167. SYMANTEC CORP COM   2014-03-11 2015-12-02
518. SYMANTEC CORP COM   2014-03-11 2015-12-02
190. SNAP-ON INC COM   2014-08-04 2015-12-03
77. SEI INVESTMENT CO   2014-08-29 2015-12-08
406. SEI INVESTMENT CO   2014-08-29 2015-12-08
447. SEI INVESTMENT CO   2014-08-29 2015-12-09
12. PINNACLE WEST CAPITAL CORP   2013-10-08 2015-12-17
328. PINNACLE WEST CAPITAL CORP   2013-10-08 2015-12-17
170. GOLDMAN SACHS GROUP INC COM   2015-05-18 2015-12-22
80. GOLDMAN SACHS GROUP INC COM   2015-07-17 2015-12-22
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 3,943   3,573 370
b 504   504  
c 462   458 4
d 1,146   1,139 7
e 474   460 14
6,637   6,433 204
11,211   12,069 -858
25,105   17,253 7,852
37,759   32,507 5,252
6,250   7,330 -1,080
61,738   55,732 6,006
5,796   6,761 -965
39,591   40,383 -792
816   1,220 -404
18,873   37,232 -18,359
47,018   22,055 24,963
36,700   13,626 23,074
13,050   9,594 3,456
10,923   4,332 6,591
11,152   5,348 5,804
12,351   8,673 3,678
12,629   6,730 5,899
15,230   7,271 7,959
10,007   8,954 1,053
679   704 -25
8,568   9,732 -1,164
7,657   9,496 -1,839
9,289   4,254 5,035
5,813   3,204 2,609
776   428 348
24,947   13,073 11,874
15,350   10,842 4,508
50,495   37,098 13,397
8,752   7,870 882
31,986   12,989 18,997
37,022   24,389 12,633
4,334   4,517 -183
110,260   111,751 -1,491
9,911   10,050 -139
252,671   251,589 1,082
2,465   2,475 -10
62,857   64,522 -1,665
3,676   3,769 -93
94,028   101,394 -7,366
519   581 -62
14,640   17,343 -2,703
34,332   25,781 8,551
13,372   10,960 2,412
5,526   4,593 933
384   319 65
402   380 22
5,222   4,935 287
16,580   16,250 330
266,604   261,294 5,310
18,760   15,384 3,376
7,514   4,741 2,773
8,634   5,437 3,197
18,061   11,423 6,638
5,320   5,267 53
29,058   28,888 170
17,392   21,321 -3,929
48,222   68,996 -20,774
25   19 6
1,657   1,454 203
264,027   279,544 -15,517
16,398   17,362 -964
30,144   33,794 -3,650
20,062   20,171 -109
56,315   64,468 -8,153
5,530   6,128 -598
395   437 -42
242,200   234,706 7,494
15,010   14,546 464
258,661   260,385 -1,724
16,131   16,239 -108
16,604   13,715 2,889
8   10 -2
124   158 -34
31,340   29,117 2,223
7,000   6,478 522
20,503   18,966 1,537
4,768   4,427 341
96,992   87,148 9,844
14,664   16,037 -1,373
208,852   229,256 -20,404
1,382,126   1,429,371 -47,245
2,880   3,150 -270
48   42 6
40,478   45,022 -4,544
26,459   15,894 10,565
49,262   50,500 -1,238
12,031   10,930 1,101
1,663   1,670 -7
42,453   39,953 2,500
2,911   3,016 -105
73,952   68,905 5,047
12,711   13,008 -297
36,833   37,999 -1,166
169,295   172,807 -3,512
118,717   120,739 -2,022
2,644   2,863 -219
8,994   9,447 -453
58,586   62,958 -4,372
2,993   2,246 747
4,156   2,383 1,773
3,398   2,293 1,105
5,886   3,024 2,862
2,691   1,743 948
10,299   6,668 3,631
2,948   1,799 1,149
558,053   513,995 44,058
17,294   16,401 893
34,668   31,931 2,737
277,505   263,173 14,332
6,216   2,410 3,806
6,642   2,366 4,276
23,973   20,541 3,432
24,955   34,106 -9,151
835,775   830,081 5,694
51,857   51,504 353
43,001   29,262 13,739
25,823   18,145 7,678
3,932   4,220 -288
792   844 -52
3,313   3,416 -103
10,211   11,180 -969
32,566   22,984 9,582
4,122   2,920 1,202
21,686   15,397 6,289
23,446   16,952 6,494
763   659 104
20,898   18,420 2,478
30,486   34,734 -4,248
14,346   16,918 -2,572
      878,335
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       370
b        
c       4
d       7
e       14
      204
      -858
      7,852
      5,252
      -1,080
      6,006
      -965
      -792
      -404
      -18,359
      24,963
      23,074
      3,456
      6,591
      5,804
      3,678
      5,899
      7,959
      1,053
      -25
      -1,164
      -1,839
      5,035
      2,609
      348
      11,874
      4,508
      13,397
      882
      18,997
      12,633
      -183
      -1,491
      -139
      1,082
      -10
      -1,665
      -93
      -7,366
      -62
      -2,703
      8,551
      2,412
      933
      65
      22
      287
      330
      5,310
      3,376
      2,773
      3,197
      6,638
      53
      170
      -3,929
      -20,774
      6
      203
      -15,517
      -964
      -3,650
      -109
      -8,153
      -598
      -42
      7,494
      464
      -1,724
      -108
      2,889
      -2
      -34
      2,223
      522
      1,537
      341
      9,844
      -1,373
      -20,404
      -47,245
      -270
      6
      -4,544
      10,565
      -1,238
      1,101
      -7
      2,500
      -105
      5,047
      -297
      -1,166
      -3,512
      -2,022
      -219
      -453
      -4,372
      747
      1,773
      1,105
      2,862
      948
      3,631
      1,149
      44,058
      893
      2,737
      14,332
      3,806
      4,276
      3,432
      -9,151
      5,694
      353
      13,739
      7,678
      -288
      -52
      -103
      -969
      9,582
      1,202
      6,289
      6,494
      104
      2,478
      -4,248
      -2,572
       
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 1,070,695
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      
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
2  
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
 
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4.............
8
 
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 32,080
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 32,080
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 32,080
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 8,220
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 23,754
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 31,974
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 106
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 ofbulletPNC BANK NA Telephone no.bullet (412) 768-9969

    Located atbullet620 LIBERTY AVE 10TH FLOORPITTSBURGHPA ZIP+4bullet15222
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........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
    PNC BANK TRUSTEE
    20     		101,241    
    620 LIBERTY AVE
    PITTSBURGH,PA15222
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    41,667,379
    b
    Average of monthly cash balances.......................
    1b
    -1,764
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    41,665,615
    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
    41,665,615
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    624,984
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    41,040,631
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,052,032
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,052,032
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    32,080
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    32,080
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,019,952
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,019,952
    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
    2,019,952
    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
    842,449
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    842,449
    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
    842,449
    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 2,019,952
    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...... 0
    b From 2011...... 0
    c From 2012...... 0
    d From 2013...... 0
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 842,449
    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..... 842,449
    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 ..........     		1,177,503
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011.... 0
    b Excess from 2012.... 0
    c Excess from 2013.... 0
    d Excess from 2014.... 0
    e Excess from 2015.... 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    VESTRY OF QUEEN ANNE PARISH
    ST BARNABAS CHURCH
    14111 OAK GROVE ROAD
    UPPER MARLBORO,MD207748424     		NONE PC GENERAL SUPPORT 383,695
    EPISCOPAL DIOCESE OF WASHINGTON
    PNC BANK NA
    PITTSBURGH,PA152222705     		NONE PC GENERAL SUPPORT 414,774
    Total .................................bullet 3a 798,469
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 609,095  
    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 1,070,695  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aBLACKSTONE GROUP L     		    14 314  
    bENTERPRISE PRODS P     14 230  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,680,334  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,680,334
    (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
    W SETON BELT CHARITABLE TRUST
     
    Employer identification number

    47-3462346
    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
    W SETON BELT CHARITABLE TRUST
          		Employer identification number
    47-3462346
    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
    W SETON BELT
     

       
    620 LIBERTY AVE 10TH FL
     
    PITTSBURGH, PA15222

    		$ 43,314,679


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    W SETON BELT CHARITABLE TRUST
          		Employer identification number

    47-3462346
    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 SECURITIES FROM ACCT # 21-46-001-5878212 AND 21-46-001-3832288 $ 41,732,077 2015-05-01
    (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
     
    		$    
    (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
    W SETON BELT CHARITABLE TRUST
          		Employer identification number

    47-3462346
    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 InvestmentsOtherSchedule2
    Name:
    W SETON BELT CHARITABLE TRUST
    EIN:
    47-3462346
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 10,146,259 9,648,257
    MUTUAL FUNDS - EQUITY AT COST 20,593,880 22,029,034
    MUTUAL FUNDS - ALTERNATIVE AT COST 1,415,722 1,415,439
    DEMAND NOTES AT COST 2,081,385 2,081,385
    PARTNERSHIPS AT COST 16,882 15,130
    HEDGE FUNDS AT COST 47,067 56,265

    TY 2015 LegalFeesSchedule
    Name:
    W SETON BELT CHARITABLE TRUST
    EIN:
    47-3462346
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 23,732     23,732


    TY 2015 OtherDecreasesSchedule
    Name:
    W SETON BELT CHARITABLE TRUST
    EIN:
    47-3462346
    Description Amount
    DIFF BETWEEN TAX COST AND CARRYING VALUE 4,649,920
    ROUNDING ADJ FOR SALES AND TRANSACTIONS 5


    TY 2015 OtherExpensesSchedule
    Name:
    W SETON BELT CHARITABLE TRUST
    EIN:
    47-3462346
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR SERVICE FEES 1 1   0
    PARTNERSHIP - EXPENSE   1,710   0
    PARTNERSHIP - FOREIGN TAX PAID   29   0


    TY 2015 OtherIncomeSchedule2
    Name:
    W SETON BELT CHARITABLE TRUST
    EIN:
    47-3462346
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BLACKSTONE GROUP LP THE 314 212  
    ENTERPRISE PRODS PARTNERS L P COM UNIT 230 0  
    HATTERAS CORE ALTERNATIVES INSTITUTIONAL   6,492  


    TY 2015 SubstantialContributorsSch
    Name:
    W SETON BELT CHARITABLE TRUST
    EIN:
    47-3462346
    Name Address
    W SETON BELT
          		620 LIBERTY AVE 10TH FL
    PITTSBURGH,PA15222


    TY 2015 TaxesSchedule
    Name:
    W SETON BELT CHARITABLE TRUST
    EIN:
    47-3462346
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 357 357   0
    FEDERAL ESTIMATES - PRINCIPAL 8,220 0   0