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
SHIRLEY & WILLIAM R FLEISCHER FAMILY
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)7 PENN PLAZA NO 810
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10001
A Employer identification number

11-6048777
B Telephone number (see instructions)

(212) 760-0990
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$6,526,528J 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)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 17 17  
4 Dividends and interest from securities... 195,355 195,355  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 128,796
b Gross sales price for all assets on line 6a 1,148,999
7 Capital gain net income (from Part IV, line 2)... 128,796
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 8,755 8,755  
12 Total. Add lines 1 through 11........ 332,923 332,923  
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 7,500 0   7,500
b Accounting fees (attach schedule)....... Click to see attachment 17,500 8,750   8,750
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,036 1,783   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,000 0   2,000
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 10,834 10,439   395
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 59,870 20,972   18,645
25 Contributions, gifts, grants paid....... 350,850 350,850
26 Total expenses and disbursements. Add lines 24 and 25 410,720 20,972   369,495
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -77,797
b Net investment income (if negative, enter -0-) 311,951
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............. 8,005 12,051 12,051
2 Savings and temporary cash investments......... 93,436 210,387 210,387
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.......... 2,081    
10a Investments—U.S. and state government obligations (attach schedule) 1,464,135 Click to see attachment1,302,264 1,408,569
b Investments—corporate stock (attach schedule)....... 4,161,908 Click to see attachment4,187,734 4,562,544
c Investments—corporate bonds (attach schedule)....... 188,583 Click to see attachment222,929 219,093
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 186,216 Click to see attachment118,426 110,877
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment30,231 Click to see attachment3,007 Click to see attachment3,007
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,134,595 6,056,798 6,526,528
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 6,134,595 6,056,798
30 Total net assets or fund balances (see instructions)..... 6,134,595 6,056,798
31 Total liabilities and net assets/fund balances (see instructions). 6,134,595 6,056,798
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
6,134,595
2
Enter amount from Part I, line 27a .....................
2
-77,797
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,056,798
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,056,798
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 - WELLS FARGO ACCT 6291-7755 P    
b PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 6291-7755 P    
c PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 2043-6309 P    
d PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 2043-6309 P    
e PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 6695-0431 P    
PUBLICLY TRADED SECURITIES - WELLS FARGO ACCT 6695-0431 P    
81 SH - BOEING CO D 2014-10-30 2015-12-07
525 SH - BRISTOL MYERS SQUIBB CO P 1994-12-15 2015-12-07
17.438 SH - CHEVRON CORPORATION P 2014-12-10 2015-09-14
381.364 SH - CHEVRON CORPORATION D   2015-09-14
1,431.724 SH - EQUITY COMMONWEALTH P 1998-01-16 2015-04-15
23.156 SH - CONOCOPHILLIPS P   2015-09-14
600.371 SH - CONOCOPHILLIPS P   2015-09-14
37.739 SH - CON EDISON P   2015-06-19
1,718.852 SH - CON EDISON D   2015-06-19
23.631 SH - DUKE ENERGY CORPORATION P   2015-06-19
1,092.601 SH - DUKE ENERGY CORPORATION P   2015-06-19
348 SH - ELI LILLY & CO P   2015-12-07
3.248 SH - EXELIS INC (ITT) P   2015-06-01
320.065 SH - EXELIS INC (ITT) P 1993-12-27 2015-06-01
330 SH - GENERAL ELECTRIC CO P 2008-08-29 2015-12-07
10.2172 SH - EVERSOURCE ENERGY P   2015-09-14
585.54 SH - EVERSOURCE ENERGY P 2010-05-03 2015-09-14
184.297 SH - NEW YORK COMMUNITY BANK P   2015-06-22
6,207.46 SH - NEW YORK COMMUNITY BANK P   2015-06-22
10,000 SH - LANSE CREUSE MICH PUB SCHS DUE 5/1/35 P 2010-05-18 2015-03-09
50,000 SH - NY CITY MUN WTR FIN AUTH 5.79% DUE 6/15/41 P   2015-12-07
10,000 SH - MARYLAND ST CMNTY DEV 6.5% 3/1/43 P 2009-05-13 2015-03-02
10,000 SH - TACOMA WA REGL WTR SUPPLY SYS RV 5.621% 12/1/40 P 2013-08-15 2015-12-07
64.968 SH - VOYA PRIME RATE TURST P   2015-04-10
4,125.516 SH - VOYA PRIME RATE TRUST P 1999-06-10 2015-04-10
1,013.082 SH - FIRST TRUST PORTFOLIO LP DEEP VALUE SUB 10 PORT SR 7 P 2013-02-13 2015-01-29
40,000 SH - GNMA PASS THRU POOL 12% 4/20/15 P   2015-02-20
113 SH - JP MORGAN CHASE & CO P 1996-01-15 2015-12-03
43 SH - FIRST ENERGY CORP P 1996-01-15 2015-12-03
35,000 SH - CHICAGO ILL BED 6.319% DUE 11/01/29 P 2010-10-27 2015-06-22
40,000 SH - CHICAGO ILL BED 6.319% DUE 11/01/29 P 2010-10-27 2015-12-07
5.052 SH - ALLAINZ NFJ LARGE-CAP VALUE FUND CL A P   2015-12-07
403.179 SH - ALLIANZ NFJ LARGE-CAP VALUE FUND CL A P 2007-08-31 2015-12-07
374.618 SH - COLUMBIA FDS INTERMEDIATE BOND FD A P   2015-12-07
11,666.703 SH - COLUMBIA FDS INTEMEDIATE BOND FD A P 2014-05-22 2015-12-07
FNMA 90 101 D MULTICLASS CMO CPN 7% DUE 9/25/20 P   2015-12-25
CAPITAL GAINS 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 43,398   41,750 1,648
b 81,545   65,457 16,088
c 15,583   14,438 1,145
d 426   281 145
e 26,028   35,565 -9,537
81,695   72,987 8,708
11,835   5,184 6,651
35,653   29,451 6,202
1,302   1,657 -355
28,476   44,696 -16,220
37,972   92,345 -54,373
1,071   1,336 -265
27,759   27,329 430
2,220   2,246 -26
101,133   74,458 26,675
1,721   1,746 -25
79,590   62,220 17,370
29,616   2,322 27,294
80   66 14
7,920   950 6,970
9,807   9,340 467
467   491 -24
26,753   17,564 9,189
3,384   3,127 257
113,976   84,455 29,521
10,300   10,406 -106
54,299   53,110 1,189
10,000   10,001 -1
11,470   10,335 1,135
361   353 8
22,907   36,065 -13,158
12,553   10,542 2,011
    1,302 -1,302
7,289   2,668 4,621
1,307   1,197 110
30,832   35,214 -4,382
34,506   40,244 -5,738
104   107 -3
8,307   5,999 2,308
3,356   3,414 -58
104,527   107,780 -3,253
5   5 0
67,466     67,466
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,648
b       16,088
c       1,145
d       145
e       -9,537
      8,708
      6,651
      6,202
      -355
      -16,220
      -54,373
      -265
      430
      -26
      26,675
      -25
      17,370
      27,294
      14
      6,970
      467
      -24
      9,189
      257
      29,521
      -106
      1,189
      -1
      1,135
      8
      -13,158
      2,011
      -1,302
      4,621
      110
      -4,382
      -5,738
      -3
      2,308
      -58
      -3,253
      0
      67,466
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 2 128,796
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 250,420 6,234,331 0.040168
2013 249,535 5,381,047 0.046373
2012 240,030 4,928,777 0.048700
2011 222,130 4,704,948 0.047212
2010 203,969 4,547,839 0.044850
2
Total of line 1, column (d) .....................
20.227303
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
0.045461
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
6,616,853
5
Multiply line 4 by line 3......................
5
300,809
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,120
7
Add lines 5 and 6........................
7
303,929
8
Enter qualifying distributions from Part XII, line 4.............
8
369,495
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,120
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,120
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 3,120
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 6,549
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,549
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 13,429
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet13,429 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)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSTEVEN FLEISCHER Telephone no.bullet (212) 760-0990

    Located atbullet7 PENN PLAZA SUITE 810NEW YORKNY ZIP+4bullet10001
    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
     
     
    ........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
    STEVEN FLEISCHER VICE PRESIDENT/TRUSTEE
    3.00     		0 0 0
    265 EAST 66TH STREET 10E
    NEW YORK,NY10065
    DONALD FLEISCHER VICE PRESIDENT/TRUSTEE
    0.00     		0 0 0
    57 W 75TH STREET 7K
    NEW YORK,NY10023
    CARL FLEISCHER VICE PRESIDENT/TRUSTEE
    1.00     		0 0 0
    44 RUTLAND SQUARE - UNIT 1
    BOSTON,MA02118
    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
    6,552,670
    b
    Average of monthly cash balances.......................
    1b
    161,940
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,007
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,717,617
    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
    6,717,617
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    100,764
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,616,853
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    330,843
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    330,843
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    3,120
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,120
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    327,723
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    327,723
    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
    327,723
    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
    369,495
    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
    369,495
    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
    3,120
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    366,375
    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 7 327,723
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 265,429
    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$ 369,495
    a Applied to 2014, but not more than line 2a 265,429
    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..... 104,066
    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 ..........     		223,657
    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).)
    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
    CUMBERLAND COLLEGE
    6191 COLLEGE STATION DRIVE
    WILLIAMSBURG,KY40769     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 30,000
    FRIENDS OF UNISTREAM
    24 WEST 40TH STREET 14TH FLOOR
    NEW YORK,NY10018     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 20,000
    HOLOCAUST MEMORIAL CENTER
    100 CRESCENT BEACH ROAD
    GLEN COVE,NY11542     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 5,000
    JEWISH FUNDERS NETWORK
    150 WEST 30TH STREET SUITE 900
    NEW YORK,NY10001     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 850
    JOSLIN DIABETES CENTER
    ONE JOSLIN PLACE
    BOSTON,MA02215     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 25,000
    NA'AMAT ISRAELUSA - AYANOT CULINARY CENTER
    21515 VANOWEN STREET SUITE 102
    CANOGA PARK,CA91303     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 12,500
    PEF ISRAEL ENDOWMENT FUNDS
    630 THIRD AVENUE 15TH FLOOR
    NEW YORK,NY10017     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 87,500
    THE WASHINGTON INSTITUTE
    1828 L STREET NW
    WASHINGTON,DC20036     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 5,000
    UJA FEDERATION OF NEW YORK
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 80,000
    THE OHIO UNIVERSITY FOUNDATION
    PO BOX 869
    ATHENS,OH45701     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 25,000
    PLANNED PARENTHOOD OF NYC
    26 BLEECKER STREET
    NEW YORK,NY10012     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 1,000
    KIVA MICROFUNDS
    875 HOWARD STREET NO 340
    SAN FRANCISCO,CA94103     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 1,000
    FOOD AND WATER WATCH
    1616 P STREET NW NO 300
    WASHINGTON,DC20036     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 1,000
    VOICES AGAINST BRAIN CANCER INC
    1375 BROADWAY - 3RD FLOOR
    NEW YORK,NY10018     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 1,000
    BUILDON INC
    PO BOX 16741
    STAMFORD,CT06905     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 1,000
    TEMECH INC
    45 BROADWAY 25TH FLOOR
    NEW YORK,NY10006     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 20,000
    AMERICAN ISRAEL CULTURAL FOUNDATION
    1140 BROADWAY SUITE 304
    NEW YORK,NY10001     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 15,000
    OPEN GATES-HILLEL USA
    5827 BEAR LAKE CIRCLE
    APOPKA,FL32703     		NOT APPLICABLE PUBLIC CHARITABLE CONTRIBUTION 20,000
    Total .................................bullet 3a 350,850
    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 17  
    4 Dividends and interest from securities....     14 195,355  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     14 8,755  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 128,796  
    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).. 0 332,923 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13332,923
    (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

    TY 2015 AccountingFeesSchedule
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 17,500 8,750   8,750

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Name of Bond End of Year Book Value End of Year Fair Market Value
    30,000 GENERAL ELECTRIC CAP CORP MEDIUM TERM NOTES 6.75% 39,443 39,134
    25,000 MS GLOBAL MEDIUM TERM NOTES 6.625% 28,488 27,325
    25,000 BARCLAYS BANK PLC MEDIUM TERM NOTES SER A 5.00% 26,991 26,724
    20,000 FORD MOTOR CO DEBENTURE 7.125% 24,184 23,501
    22,000 GOLDMAN SACHS GRP INC NOTES SERIES A 5.25% 24,463 24,286
    20,000 STRYKER CORP SR UNSECURED 4.375% 22,086 21,545
    20,000 UNITED TECHNOLOGY CORP NOTES 3.10% 20,468 20,397
    35,000 BEST BUY CO INC SR UNSECURED 5.00% 8/1/18 36,806 36,181

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3,656.045 SH - AT&T CORP. 111,140 125,805
    1,391.901 SH - ASHFORD HOSPITAL 8.45% SER D 34,922 35,062
    11,010.228 SH - AMER MUTUAL FD CL C 400,525 372,696
    4,107.481 SH - BLACKROCK EQ DIV FD-CL A 94,923 86,052
    133.327 SH - BOEING CO. 21,432 19,278
    1,453.875 SH - BRISTOL MYERS SQUIBB 16,137 100,012
    385.21 SH - CHEVRON CORP 0 0
    113.00 SH - JP MORGAN CHASE 0 0
    584.025 SH - COCA COLA CO. 14,230 25,090
    1,718.852 SH - CON EDISON 0 0
    600.371 SH -CONOCO PHILLIPS 0 0
    1,178.902 SH - ELI LILLY 26,987 99,334
    43 SH - FIRST ENERGY CORP 0 0
    666 SH - FREEPORT MCMORAN CL B 12,832 4,509
    6,538.645 SH - FRONTIER COMMUNICATIONS 48,602 29,261
    4,853.253 SH - GENERAL ELECTRIC 117,465 151,179
    4,125.516 SH - VOYA PRIME RATE TRUST 0 0
    153.435 SH - ITT CORP. 788 5,573
    546.697 SH - JOHNSON & JOHNSON 30,836 56,157
    846.438 SH - KIMBERLY CLARK CORP 54,764 107,752
    1,200.229 SH - MERCK & CO. 54,653 63,396
    3,303.205 SH - MS EMERGING MRKTS DOM DEBT 38,627 22,462
    6,207.46 SH - NEW YORK COMMUNITY BANK 0 0
    463.602 SH - PEPSICO 23,849 46,323
    3,481.204 SH - PFIZER, INC 25,318 112,373
    452.899 SH - PROCTOR & GAMBLE 22,129 35,965
    2,643.285 SH - PRUDENTIAL PLC 6.75% 66,416 69,994
    619.863 SH - SR HSG PPTY TR SBI 3,983 9,199
    2,431.017 SH - VERIZON COMMUNICATIONS 81,632 112,362
    403.179 SH - ALLIANZ NFJ LRG CAP VAL FD 0 0
    1,869.302 SH - FIRST EAGLE GLOBAL FUND A 85,481 95,989
    7,052.817 SH - INCOME FD OF AMER-A 143,881 142,678
    1,593.506 SH - INVESTMENT CO OF AMER CL A 49,749 53,175
    2,964.036 SH - INVESTMENT CO OF AMER CL A 106,804 98,910
    1 SH - PIMCO MONEY MARKET-CL A 9 9
    78.533 SH - COLUMBIA SELIGMAN COMM & INFO FUND 2,857 4,314
    1,092.60 SH - DUKE ENERGY CORP. 0 0
    215.687 SH - ABBOTT LABORATORIES 5,218 9,686
    320.065 SH - EXELIS INC 0 0
    1,801.734 SH - FIRST EAGLE GLOBAL FUND CL A 95,561 92,519
    444.895 SH - OPPENHEIMER GOLD & MINERALS FUND 22,377 4,640
    308.103 SH - XYLEM INC 2,117 11,246
    91 SH - ANHEUSER BUSCH ADR 5,093 11,375
    741 SH - ASSA ABLOY AB ADR 3,386 7,736
    367 SH - ATLANTIA SPA UNSPN ADR 0 0
    223 SH - BG GROUP PLC SPON ADR 4,218 3,238
    140 SH - BHP BILLITON LTD SPON ADR 9,072 3,606
    253 SH - BNP PARIBAS ADR 0 0
    89 SH - BAYERISCHE MOTOREN WERKE AG 0 0
    77 SH - BRITISH AMERN TOB PLC CPN ADR 6,383 8,505
    242 SH - CIELO SA SPON ADR 0 0
    260 SH - INFORMA OLC UNSPON ADR 3,467 4,813
    129 SH - KASIKORNBANK PUB CO LTD 2,016 2,119
    175 SH - KOC HOLDING AS UNSPON ADR 3,667 3,297
    238 SH - MOBILE TELESYSTEMS SPON ADR 4,159 1,471
    157 SH - MR PRICE GROUP LTD ADR 1,618 2,036
    158 SH - NOVARTIS AG SPON ADR 8,734 13,594
    133 SH - PERUSAHAAN PERSEROAN ADR 4,559 5,905
    231 SH - PRUDENTIAL PLC SPON ADR 5,447 10,413
    104 SH - REXAM PLC SPON ADR 3,853 4,651
    35 SH - RYANAIR HOLDINGS PLC 937 3,026
    244 SH - SAMPO OYJ-A SHS UNSP 3,716 6,172
    303 SH - SBERBANK RUSSIA SPON ADR 0 0
    65 SH - ROYAL DUTCH SHELL PLC ADR CL A 4,563 2,976
    877 SH - SUMITOMO MITSUI FINL SPON ADR 6,292 6,656
    269 SH - SWEDBANK AB ADR 5,716 5,920
    526 SH - TAIWAN SEMICONDUCTOR MFG ADR 6,924 11,966
    536 SH - TURKCELL ILETSIM HIZMETERI 7,590 4,551
    134 SH - UNILEVER PLC SPN ADR 4,782 5,778
    62 SH - VALEO SPON ADR 2,029 4,800
    920 SH - WOLSELEY PLC JERSEY 3,260 5,046
    202.037 SH - APPLE, INC 18,839 21,266
    585.54 SH - NORTHEAST UTILITIES 0 0
    5,060.215 SH - GOLDMAN SACHS TRUST RISING DIV GROWTH 89,028 101,559
    7,996.444 SH - JP MORGAN EQUITY INCOME FUND CL A 103,107 106,912
    175 SH - ACCENTURE PLC IRELAND CHARES CL A 11,180 18,287
    142 SH - APACHE CORP COMMON 0 0
    125 SH - BERKSHIRE HATHAWAY INC - SERIES B NEW 11,666 16,505
    445 SH - BROOKFIELD ASSET MANAGEMENT - CL A 9,967 14,031
    150 SH - CARMAX INC 7,035 8,095
    370 SH - COPART INC 10,625 14,064
    199 SH - DIAGEO PLC 22,497 21,705
    401 SH - JACOBS ENGINEERING GROUP 20,286 16,822
    200 SH - JOHNSON & JOHNSON 17,275 20,544
    78 SH - M & T BANK CORP 0 0
    18 SH - MARKEL CORP 7,908 15,900
    112 SH - MCDONALDS CORP 10,422 13,232
    212 SH - NESTLE S A REG ADR 13,405 15,777
    444 SH - ORACLE CORP 14,651 16,219
    104 SH - QUALCOMM INC 0 0
    77 SH - SCHLUMBERGER LTD 6,270 5,371
    312 SH - US BANCORP NEW 9,279 13,313
    156 SH - VISA INC CLASS A 7,421 12,098
    80 SH - ASSOC BRITISH FOODS 1,959 3,958
    62 SH - BAYER AG SPON ADR 4,739 7,740
    501 SH - ESTACIO PARTICIPACOES 3,226 1,794
    163 SH - KOMATSU LTD 0 0
    105 SH - MEDICLINIC INTL LTD ADR 2,819 4,132
    267 SH - RED ELECTRICA CORP SA 5,400 4,459
    72 SH - SANDS CHINA LTD 0 0
    228 SH - SEVEN & I HOLDINGS ADR 3,786 5,210
    119 SH - SWATCH GRP AF/THE ADR 0 0
    224.793 SH - ABBVIE INC 6,244 13,317
    51 SH - ADVANCE AUTO PARTS 0 0
    177 SH - BAXTER INTERNATIONAL 6,823 6,753
    65 SH - COSTCO WHSL CORP 0 0
    122 SH - DANAHER CORP 8,328 11,331
    204 SH - PACCAR 11,403 9,670
    149 SH - ROCKWELL COLLINS 11,145 13,753
    171 SH - VARIAN MEDICAL SYSTEMS INC 13,116 13,817
    183 SH - ALLIANCE GLOBAL GROUP 5,386 3,154
    34 SH - BAIDU INC ADR 4,503 6,427
    444 SH - CHINA SHENHUA ENERGY CO 0 0
    466 SH - COMPAGNIE FINANCIERE RICHEMT 4,375 3,318
    349 SH - DAIWA HOUSE IND LTD ADR 6,927 10,041
    268 SH - AIR BUS GROUP ADR 0 0
    429 SH - KDDI CORP 4,212 5,553
    1,598 SH - LLOYDS BANKING GROUP PLC 6,383 6,967
    98 SH - MAKITA CORP ADR 5,376 5,684
    170 SH - MEDIOLANUM SPA 2,665 3,147
    101 SH - NOVO NORDISK A S ADR 3,451 5,866
    24 SH - SIGNET JEWELERS LTD 1,758 2,969
    576 SH - SUMITOMO MITSUI TRUST HOLDINGS 2,970 2,192
    102.505 SH - HALYARD HEALTH 2,247 3,425
    17.671 SH - VECTRUS INC 66 369
    2,009.703 SH - AMERICA BALANCED FUND 50,952 47,891
    6,020.253 SH - BLACKROCK FUND II MULTI ASSET INCOME 70,377 63,213
    805.163 SH - CAPITAL INCOME BLDR CL A 49,642 44,968
    11,415.478 SH - FIDELITY ADVISOR SHORT FIXED INCOME PORT CL A 108,443 106,050
    4,892.417 SH - JANUS INVT FUND CL C 51,863 50,441
    655.42 SH - MFS INTERNATIONAL VALUE FD CL A 22,505 22,369
    761.439 SH - OPPENHEIMER DEVELOPING MARKETS FUND CL C 28,462 21,861
    2,705.274 SH - PRINCIPAL FUNDS INC MIDCAP BELND CL C 57,996 51,617
    1,247.837 SH - PUTNAM FDS TR EQUITY SPECTRUM FD CL A 55,342 42,701
    3,942.86 SH - TEMPLETON GLOBAL BOND FUND CL C 52,123 45,737
    919.496 SH - VOYA EQUITY TR SMALLCAP OPPORTUNITIES FD CL A 54,503 45,727
    558.703 SH - INTEL CORP 17,784 19,247
    1,705.79 SH - REALTY INCOME CORP REIT 77,875 88,070
    4,774.013 SH - AMERICAN HIGH INCOME FUND TRUST CL A 54,575 44,637
    2,464.432 SH - CAPITAL WORLD BOND FUND 51,484 46,602
    11,666.703 SH - COLUMBIA FDS INTERMEDIATE BOND FD A 0 0
    13,419.419 SH - FIRST EAGLE GLOBAL FUND INCOME BUILDER CL A 158,224 138,623
    860 SH - FIRST TRUST ENERGY & GROWTH FUND 30,275 19,780
    27,242.791 SH - LORD ABBETT INVT TR SHORT DURATION INCOME FD 124,876 117,416
    1,393.981 SH - NEW WORLD FUND CL A 81,772 69,699
    1,033.571 SH - PRINCIPAL FDS INC MIDCAP BLEND FD CL C 21,266 19,721
    1,609.942 SH - TEMPLETON GLOBAL BOND FUND CL C 21,311 18,675
    977.681 SH - VOYA EQUITY TR SMALLCAP OPPORTUNITIES 57,422 48,620
    57 SH - ACTUANT CORP CL A 0 0
    47 SH - ADVENT SOFTWARE INC 0 0
    80 SH - AMERICAN AXLE & MFG 1,610 1,515
    78 SH - AMTRUST FINANCIAL SERVICES INC 3,914 4,803
    51 SH - ASTRONICS CORP 2,390 2,076
    39 SH - BALCHEM CORP CLASS B 1,980 2,371
    99 SH - BANK OF THE OZARKS INC 3,975 4,897
    24 SH - B/E AEROSPACE INC 1,292 1,017
    47 SH - BIO REFERENCE LABS INC 0 0
    8 SH - BOSTON BEER IN CL A 2,023 1,615
    29 SH - COLFAX CORP 1,576 677
    39 SH - CORVEL CORP 1,357 1,713
    20 SH - CREDIT ACCEPTANCE CORP 2,989 4,280
    51 SH - DORMAN PRODUCTS INC 2,421 2,421
    42 SH - DREW INDUSTRIES INC 2,023 2,557
    89 SH - EAGLE BANCORP 3,178 4,492
    29 SH - ENCORE CAPITAL GROUP INC 0 0
    49 SH - ENRSYS INC 2,980 2,741
    19 SH - ESTERLINE TECHNOLOGIES CORP 2,195 1,539
    55 SH - FIRST SERVICE CORP 1,469 2,224
    14 SH - GENESEE & WYOMING INC 1,348 752
    38 SH - HSN INC 2,682 1,925
    38 SH - HEICO CORP NEW 2,009 2,066
    50 SH - HOME BANCSHARES 1,599 2,026
    36 SH - KLX INC 1,490 1,108
    26 SH - LITHIA MTRS INC CL A 2,042 2,773
    20 SH - MWI VETERINARY SUPPLY INC 0 0
    43 SH - MADISON SQUARE GARDEN CO CL A 820 894
    70 SH - MANHATTAN ASSOCIATES 2,818 4,632
    43 SH - MONRO MUFFLER BRAKE INC 2,317 2,847
    229 SH - NATIONAL GENERAL HOLDINGS CORP 4,374 5,006
    27 SH - NEENAH PAPER INC 1,570 1,686
    65 SH - NEOGEN CORP 2,923 3,674
    18 SH - OIL STATES INTL INC 1,021 490
    39 SH - OPEN TEXT CORP 2,221 1,869
    46 SH - OSI SYS INC 3,270 4,078
    49 SH - PAREXEL INTL CORP 2,610 3,338
    103 SH - PRA GRP INC 6,013 3,573
    50 SH - RLI CORP 2,533 3,087
    18 SH - TREEHOUSE FOODS INC 1,482 1,412
    17 SH - TYLER TECHNOLOGIES INC 1,875 2,963
    83 SH - VIEWPOINT FINL GROUP INC 0 0
    162 SH - WESCO AIRCRAFT HOLDINGS INC 2,677 1,939
    22 SH - WEX INC 2,495 1,945
    43 SH - WOLVERINE WORLD WIDE INC 0 0
    15 SH - WORLD ACCEP CORP S C NEW 0 0
    40 SH - WORLD FUEL SERVICE CORP 1,657 1,538
    332 SH - BROWN & BROWN INC COM 0 0
    733 SH - DISCOVERY COMMUNICATION INC 23,647 18,486
    15 SH - ALPHABET INC - NON VOTING 7,582 11,383
    269 SH - NORDSTROM INC 16,139 13,399
    424 SH - PROGRESSIVE CORP OHIO 10,240 13,483
    154 SH - TE CONNECTIVITY LTD 8,512 9,950
    224 SH - TJX COS INC NEW 12,016 15,884
    163 SH - ACTELION LTD UNSPON ADR 4,834 5,661
    583 SH - AMBEV SA ADR SPON 3,968 2,600
    250 SH - ANGLO AMERICAN PLC ADR 0 0
    80 SH - ASHTEAD GROUP PLC UNSPON ADR 5,177 5,368
    701 SH - BB SEGURIDADE ADR PARTICIPACOES S/A 7,370 4,206
    472 SH - CIA SANEAMENTO BASICO DE ADR 4,420 2,171
    47 SH - DAIKIN INDUSTRIES LTD-UNSPON ADR 0 0
    375 SH - JAPAN TOBACCO INC ADR UNSPON 6,161 6,966
    1,098 SH - NAMPAK LTD - SPON ADR 3,994 1,801
    44 SH - NXP SEMICONDUCTORS NV 0 0
    1,020 SH - PIRAEUS BANK SA ADR 0 0
    72 SH - ROLLS ROYCE HOLDING PLC 0 0
    81 SH - RYOHIN KEIKAKU CO - UNSPON ADR 1,825 3,285
    30 SH - SHIRE PLC 5,740 6,150
    253 SH - SOFTBANK CORP ADR 9,280 6,372
    94 SH - TEVA PHARMACEUTICALS 5,008 6,170
    140 SH - WOLTERS KLUWER NV SPON ADR 3,910 4,691
    2,265.987 SH - HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL 43,459 42,872
    33.371 SH - HARRIS CORP 2,642 2,900
    1,813.725 SH - GREEN CENTY FUNDS BALANCED 43,006 41,516
    6.88 SH - RMR GROUP INC 82 99
    52 SH - AON PLC 5,120 4,795
    35 SH - AUTOHOME INC - ADR 1,286 1,222
    203 SH - CARLSBERG AS-B SPON ADR 3,617 3,615
    57 SH - CHECK POINT SOFTWARE TECH LTD 4,704 4,639
    324 SH - COMPASS GRP PLC SPON ADR 5,524 5,709
    65 SH - CONTINENTAL AG SPON ADR 2,975 3,127
    148 SH - CREDIT SUISSE GROUP SPON ADR 3,636 3,210
    362 SH - ENCANA CORP 4,428 1,843
    45 SH - GEA GROUP AG - SPON ADR 1,857 1,809
    95 SH - KBC GROEP NV - UNSPON ADR 2,902 2,959
    275 SH - RELX PLC ADR SPON 2,949 4,903
    413 SH - SANLAM LTD SPONSORED ADR 5,298 3,176
    169 SH - SONY CORP ADR NEW 4,421 4,159
    71 SH - TELENOR ASA - ADS 5,050 3,534
    255 SH - VINCI S.A. ADR 3,779 4,091
    145 SH - VIVENDI SA UNSPON ADR 3,881 3,096
    42 SH - COLLIERS INTERNATION GROUP INC 1,419 1,871
    52 SH - GP STRATEGIES CORP 1,773 1,306
    12 SH - HELEN OF TROY LIMITED 1,007 1,131
    95 SH - LEGACY TEXAS FINANCIAL GROUP 2,530 2,377
    14 SH - MADISON SQUARE GARDEN CO CL A - NEW 2,340 2,265
    35 SH - ON ASSIGNMENT INC 1,288 1,573
    159 SH - AMERICAN TOWER CORP 15,244 15,415
    131 SH - DOLLAR GENERAL CORP 9,031 9,415
    105 SH - HERSHEY COMPANY 9,083 9,373
    137 SH - J M SMUCKER CO 15,397 16,898

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    1,302,264
    State & Local Government Securities - End of Year Fair Market Value:


    1,408,569


    TY 2015 InvestmentsOtherSchedule2
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    40,000 GNMA PASS THRU POOL 12% AT COST 0 0
    5,000 FED NATIONAL MTG 7% 9/25/20 AT COST 21 25
    1,431.724 SH - COMMONWEALTH REIT COM SH BEN INT AT COST 0 0
    42,000 - JPM CONTINGENT CD BASKET OF COMM AT COST 42,000 40,904
    1,013.082 SH - FIRST TRUST PORTFOLIO LP DEEP VALUE SUB 10 PORT AT COST 0 0
    20,000 GE CAP RETAIL BK CD 2.00% 5/30/19 AT COST 20,000 20,104
    20,000 GE CAP RETAIL BK CD 2.65% 5/30/19 AT COST 20,000 20,348
    3,628.089 SH - FIRST TRUST DEEP VALUE DIVIDEND PORT SERIES 6 AT COST 36,405 29,496

    TY 2015 LegalFeesSchedule
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 7,500 0   7,500


    TY 2015 OtherAssetsSchedule
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST RECEIVABLE 26,798 0 0
    DUE FROM BROKER 3,433 3,007 3,007


    TY 2015 OtherExpensesSchedule
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 535 535   0
    INVESTMENT SERVICE FEES 9,904 9,904   0
    ADVERTISING 145 0   145
    NYS FILING FEE 250 0   250


    TY 2015 OtherIncomeSchedule2
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    THRU WELLS FARGO - NON DIVIDEND DISTRIBUTIONS 6,843 6,843 6,843
    THRU WELLS FARGO - NON DIVIDEND DISTRIBUTIONS 1,208 1,208 1,208
    MISCELLANEOUS INCOME 704 704 704


    TY 2015 TaxesSchedule
    Name:
    SHIRLEY & WILLIAM R FLEISCHER FAMILY
     
    FOUNDATION INC
    EIN:
    11-6048777
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 1,783 1,783   0
    FEDERAL EXCISE TAX 20,253 0   0