Schwartz Family Foundation C/O Alan Schwartz Guggenheim Partners — Form 990PF, tax year 2015

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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
SCHWARTZ FAMILY FOUNDATION
C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
Number and street (or P.O. box number if mail is not delivered to street address)330 MADISON AVENUE 15TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10017
A Employer identification number

13-7138217
B Telephone number (see instructions)

(212) 901-9373
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$20,925,346J 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 13 13  
4 Dividends and interest from securities... 1,649,971 1,649,971  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 118,607
b Gross sales price for all assets on line 6a 4,745,956
7 Capital gain net income (from Part IV, line 2)... 759,372
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 14,981 14,981 0
12 Total. Add lines 1 through 11........ 1,783,572 2,424,337 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 19,500 0 0 0
c Other professional fees (attach schedule).... Click to see attachment 108,185 108,185 0 0
17 Interest............... 864,677 864,677 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 66,210 895 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 612 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,059,184 973,757 0 0
25 Contributions, gifts, grants paid....... 2,265,560 2,265,560
26 Total expenses and disbursements. Add lines 24 and 25 3,324,744 973,757 0 2,265,560
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,541,172
b Net investment income (if negative, enter -0-) 1,450,580
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......... 1,058,343 261,126 261,126
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 864,884 Click to see attachment859,184 863,513
b Investments—corporate stock (attach schedule)....... 7,513,488 Click to see attachment6,739,289 7,495,613
c Investments—corporate bonds (attach schedule)....... 9,399,889 Click to see attachment9,356,280 8,268,830
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,053,787 Click to see attachment5,133,340 4,036,264
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) 23,890,391 22,349,219 20,925,346
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........ 23,890,391 22,349,219
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 23,890,391 22,349,219
31 Total liabilities and net assets/fund balances (see instructions). 23,890,391 22,349,219
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
23,890,391
2
Enter amount from Part I, line 27a .....................
2
-1,541,172
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
22,349,219
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
22,349,219
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 HOME DEPOT INC   1980-01-01 2015-02-24
b LEHMAN BROTHER HOLDINGS INC NOTES D   2015-04-02
c JPMORGAN CHASE & CO   2013-05-30 2015-05-05
d LEHMAN BROTHER HOLDINGS INC NOTES D   2015-10-01
e DOW CHEMICAL CO   2014-10-03 2015-01-07
DOW CHEMICAL CO   2014-08-18 2015-01-07
PROCTER & GAMBLE CO   2013-10-15 2015-02-04
PROCTER & GAMBLE CO   2014-01-14 2015-02-04
PROCTER & GAMBLE CO   2013-09-13 2015-02-04
PROCTER & GAMBLE CO   2013-11-20 2015-02-04
CONOCOPHILLIPS   2014-06-27 2015-02-19
CONOCOPHILLIPS   2013-01-15 2015-02-19
CONOCOPHILLIPS   2014-01-14 2015-02-19
CONOCOPHILLIPS   2013-09-13 2015-02-19
CONOCOPHILLIPS   2013-11-20 2015-02-19
L-3 COMMUNICATIONS HOLDINGS   2015-02-27 2015-05-07
L-3 COMMUNICATIONS HOLDINGS   2015-02-04 2015-05-07
INTERNATIONAL PAPER CO   2015-02-25 2015-07-08
WALGREEN BOOTS ALLIANCE INC   2014-10-14 2015-07-20
CHEVRON CORPORATION   2015-05-07 2015-07-27
CHEVRON CORPORATION   2014-10-17 2015-07-27
UNITED TECHNOLOGIES CORP   2014-01-14 2015-08-21
UNITED TECHNOLOGIES CORP   2013-10-15 2015-08-21
UNITED TECHNOLOGIES CORP   2013-09-13 2015-08-21
UNITED TECHNOLOGIES CORP   2013-11-20 2015-08-21
ROYAL DUTCH SHELL PLC   2015-02-27 2015-09-08
ROYAL DUTCH SHELL PLC   2014-12-01 2015-09-08
ARCHER-DANIELS-MIDLAND CO   2014-11-07 2015-09-14
BASF SE ADR   2015-05-07 2015-09-21
NOVARTIS AG   2014-02-25 2015-09-29
ARCHER-DANIELS-MIDLAND CO DUE 04/15/17   2013-05-14 2015-07-01
SOUTHWESTERN ELEC PWR CO DUE 07/01/15   2007-02-06 2015-07-01
HOME DEPOT INC   1980-01-01 2015-11-17
SYNCHRONY FINL   2013-09-13 2015-11-23
FEDEX CORP   2014-12-22 2015-12-17
PASSTHROUGH FROM AMERICAN CAPITAL HOLDINGS LLC P    
PASSTHROUGH FROM AMERICAN CAPITAL HOLDINGS LLC 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 578,457   10,623 567,834
b 8,039     8,039
c 324,994   278,100 46,894
d 6,012     6,012
e 60,798   70,778 -9,980
162,810   197,490 -34,680
32,761   29,600 3,161
34,739   32,598 2,141
60,535   55,606 4,929
64,146   62,952 1,194
43,541   55,502 -11,961
28,082   29,905 -1,823
32,268   32,444 -176
49,954   51,317 -1,363
54,612   58,847 -4,235
32,709   36,947 -4,238
181,336   202,251 -20,915
155,228   187,047 -31,819
341,242   218,067 123,175
11,178   13,456 -2,278
148,170   186,499 -38,329
30,078   35,795 -5,717
33,105   37,162 -4,057
65,926   75,223 -9,297
69,142   79,862 -10,720
39,595   53,860 -14,265
145,716   203,678 -57,962
171,601   202,568 -30,967
110,758   140,882 -30,124
200,836   187,604 13,232
452,572   449,106 3,466
500,000   499,621 379
314,371   5,312 309,059
30   22 8
178,996   205,860 -26,864
9,435     9,435
12,184     12,184
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       567,834
b       8,039
c       46,894
d       6,012
e       -9,980
      -34,680
      3,161
      2,141
      4,929
      1,194
      -11,961
      -1,823
      -176
      -1,363
      -4,235
      -4,238
      -20,915
      -31,819
      123,175
      -2,278
      -38,329
      -5,717
      -4,057
      -9,297
      -10,720
      -14,265
      -57,962
      -30,967
      -30,124
      13,232
      3,466
      379
      309,059
      8
      -26,864
      9,435
      12,184
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 2 759,372
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 1,737,250 23,408,262 0.074215
2013 2,724,142 23,162,967 0.117608
2012 1,742,639 18,211,348 0.095690
2011 864,400 18,019,381 0.047971
2010 2,032,650 18,850,805 0.107828
2
Total of line 1, column (d) .....................
20.443312
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
0.088662
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
22,334,853
5
Multiply line 4 by line 3......................
5
1,980,253
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,506
7
Add lines 5 and 6........................
7
1,994,759
8
Enter qualifying distributions from Part XII, line 4.............
8
2,265,560
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 14,506
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 14,506
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 14,506
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 44,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 44,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 146
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 29,348
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet29,348 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 ofbulletALAN SCHWARTZ CO GUGGENHEIM PARTNE Telephone no.bullet (212) 901-9373

    Located atbullet330 MADISON AVENUE 15TH FLOORNEW YORKNY ZIP+4bullet10017
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ALAN D SCHWARTZ TRUSTEE
    5.00     		0 0 0
    179 TACONIC ROAD
    GREENWICH,CT06831
    NANCY M SEAMAN TRUSTEE
    5.00     		0 0 0
    179 TACONIC ROAD
    GREENWICH,CT06831
    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 THE FOUNDATION IS NOT INVOLVED WITH ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRIBUTION OTHER ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3). 0
    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 NONE 0
    2 NONE 0
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    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
    21,559,010
    b
    Average of monthly cash balances.......................
    1b
    1,115,968
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,674,978
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    22,674,978
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    340,125
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,334,853
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,116,743
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,116,743
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    14,506
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,506
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,102,237
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,102,237
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,102,237
    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
    2,265,560
    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
    2,265,560
    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
    14,506
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,251,054
    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 1,102,237
    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...... 1,120,698
    b From 2011......  
    c From 2012...... 844,194
    d From 2013...... 1,651,030
    e From 2014...... 610,294
    fTotal of lines 3a through e........ 4,226,216
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 2,265,560
    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..... 1,102,237
    e Remaining amount distributed out of corpus 1,163,323
    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 5,389,539
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		1,120,698
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		4,268,841
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 844,194
    c Excess from 2013.... 1,651,030
    d Excess from 2014.... 610,294
    e Excess from 2015.... 1,163,323
    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).)
    ALAN D SCHWARTZ
    NANCY M SEAMAN
    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
    A BETTER CHANCE
    240 WEST 35TH STREET 9TH FLOOR
    NEW YORK,NY10001     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    AMFAR
    120 WALL STREET 13TH FLOOR
    NEW YORK,NY10005     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 40,000
    APOLLO THEATER FOUNDATION INC
    253 WEST 125TH STREET
    NEW YORK,NY10027     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    ARTSCONNECTION INC
    520 8TH AVENUE
    NEW YORK,NY10018     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    ASIAN AMERICAN LEGAL DEFENSE ADN EDUCATION FUND
    99 HUDSON STREET
    NEW YORK,NY10013     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    BOYS CLUB OF NEW YORK
    287 EAST 10TH STREET
    NEW YORK,NY10009     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    BOYS TOWN NEW YORK
    451 PARK AVENUE SOUTH
    NEW YORK,NY10016     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    BRIDGEPORT RESCUE MISSION
    1088 FAIRFIELD AVENUE
    BRIDGEPORT,CT06605     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    BROWARD OUTREACH CENTER
    2159 NW 1ST COURT
    MIAMI,FL33127     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    CENTER OF HOPE
    PO BOX 66
    SOUTHBRIDGE,MA01550     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 20,000
    CITY HARVEST
    6 EAST 32ND STREET
    NEW YORK,NY10016     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 760
    CLINTON HEALTH ACCESS INITIATIVE
    383 DORCHESTER AVENUE
    BOSTON,MA02127     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 250,000
    COMMITTEE FOR A RESPONSIBLE FEDERAL BUDGET
    1900 M STREET
    WASHINGTON,DC20036     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    DUKE UNIVERSITY
    MAIN CAMPUS
    DURHAM,NC27708     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 580,000
    ELS FOR AUTISM
    18370 LIMESTONE CREEK ROAD
    JUPITER,FL33458     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    EMILY KRZYZEWSKI CENTER
    904 W CHAPEL HILL ST
    DURHAM,NC27708     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    FOOD ALLERGY RESEARCH & EDUCATION INC
    7925 JONES BRANCH DRIVE
    MCLEAN,VA22102     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    GREATER NEW YORK COUNCIL-BOY SCOUTS
    350 FIFTH AVENUE SUITE 7820
    NEW YORK,NY10118     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    HARLEM CHILDREN'S ZONE
    35 EAST 125TH STREET
    NEW YORK,NY10035     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    HARLEM RBI INC
    333 EAST 100TH STREET
    NEW YORK,NY10029     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 15,000
    HARLEM VILLAGE ACADEMIES
    35 EAST 124TH STREET
    NEW YORK,NY10035     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    HELP FUNDING
    5 HANOVER SQUARE
    NEW YORK,NY10004     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 250,000
    HOSPITAL FOR SPECIAL SURGERY
    535 EAST 70TH STREET
    NEW YORK,NY10021     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    INNER CITY SCHOLARSHIP FUND
    1011 FIRST AVENUE SUITE 1400
    NEW YORK,NY10022     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 58147
    WASHINGTON,DC20037     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    KIDS IN CRISIS
    ONE SALEM STREET
    COS COB,CT06807     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    LAWRENCE HOSPITAL
    55 PALMER AVENUE
    BRONXVILLE,NY10708     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 250
    LEAD THE WAY
    PO BOX 281
    MANHASSET,NY11030     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 7,500
    LUSTGARTEN FOUNDATION
    1111 STEWART AVENUE
    BETHPAGE,NY11714     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    LYME RESEARCH ALLIANCE
    2001 WEST MAIN STREET SUITE 280
    STAMFORD,CT06902     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    MADISON SQUARE GARDEN-GARDEN OF DREAMS
    2 PENN PLAZA 14TH FLOOR
    NEW YORK,NY10121     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 12,000
    MATTS PROMISE
    171 CLERMONT AVE STE 6Q
    BROOKLYN,NY11205     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    MEMORIAL SLOAN KETTERING
    1275 YORK AVENUE
    NEW YORK,NY10065     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 800
    MENTOR PARTNERSHIP
    1680 DUKE STREET 2ND FLOOR
    ALEXANDRIA,VA22314     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 65,000
    NATIONAL ASSOCIATION OF BASKETBALL COACHES FOUNDATION INC
    1111 MAIN STREET
    KANSAS CITY,MO64105     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    NANTUCKET BOOK FESTIVAL
    PO BOX 204
    NANTUCKET,MA02554     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    NANTUCKET CHILDRENS CHARITY
    250 MILESTONE ROAD
    SIASCONSET,MA02564     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    NANTUCKET COTTAGE HOSPITAL
    57 PROSPECT STREET
    NANTUCKET,MA02554     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    NANTUCKET ICE
    PO BOX 3155
    NANTUCKET,MA02584     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    NANTUCKET YACHT CLUB FOUNDATION
    10 SOUTH BEACH STREET
    NANTUCKET,MA02554     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    NEW HEIGHTS YOUTH
    1825 MADISON AVENUE
    NEW YORK,NY10035     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 8,000
    NEW YORK CITY PARTNERSHIP FOUNDATION
    ONE BATTERY PARK PLAZA 5TH FLOOR
    NEW YORK,NY10004     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    NEW YORK PHILHARMONIC
    10 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    NEW YORK-PRESBYTERIAN HOSPITAL
    525 EAST 68TH STREET
    NEW YORK,NY10065     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    NEW YORK UNIVERSITY LANGONE MEDICAL CTR
    550 FIRST AVENUE
    NEW YORK,NY10016     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 200,000
    ONE GOAL
    55 EXCHANGE PLACE
    NEW YORK,NY10005     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    PERSON TO PERSON
    1864 POST ROAD
    DARIEN,CT06820     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    PROSTATE CANCER FOUNDATION
    1250 FOURTH STREET
    SANTA MONICA,CA90401     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    QUALITY SERVICES FOR THE AUTISM COMMUNITY
    253 WEST 35TH STREET
    NEW YORK,NY10001     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    RIGHT TO RISE USA
    601 PENNSYLVANIA AVENUE NW
    WASHINGTON,DC20004     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    ROBIN HOOD FOUNDATION
    826 BROADWAY 9TH FLOOR
    NEW YORK,NY10003     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 255,000
    SAINT ANTHONY HIGH SCHOOL
    275 WOLF HILL ROAD
    SOUTH HUNTINGTON,NY11747     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    SIMON WIESENTHAL CENTER
    1399 ROXBURY DRIVE
    LOS ANGELES,CA90035     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    ST VINCENT'S SERVICES
    66 BOERUM PLACE
    BROOKLYN,NY11201     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 50,000
    THE WHITEHEAD MINDFULLNESS INITIATIVE
    370 LANCASTER AVENUE
    HAVERFORD,PA19041     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    TISCH MS RESEARCH CENTER OF NEW YORK
    521 WEST 57TH STREET
    NEW YORK,NY10019     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    TROUT UNLIMITED
    PO BOX 7400
    WOOLLY BUGGER,WV25438     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    UCLA FOUNDATION
    10920 WILSHIRE BLVD
    LOS ANGELES,CA90024     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    UN WOMEN
    405 EAST 42ND STREET
    NEW YORK,NY10017     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    UNION RESCUE
    545 S SAN PEDRO STREET
    LOS ANGELES,CA90013     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 2,500
    UNIVERSITY OF IOWA FOUNDATION
    1 PARD ROAD
    IOWA CITY,IA55242     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    USTA SERVICES
    70 WEST RED OAK LANE
    WHITE PLAINS,NY10604     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 500
    WARREN PITTMAN CHRISTIAN MISSION ENDOWMENT
    315 LOSHER STREET
    HERNANDO,MS38632     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 250
    WATERSIDE SCHOOL
    770 PACIFIC STREET
    STAMFORD,CT06902     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 5,000
    YOUTH INC
    2801 M STREET NW
    WASHINGTON,DC20007     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    CHOICE HUMANITARIAN
    375 PARK AVENUE SUITE 2205
    NEW YORK,NY10152     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 25,000
    SCENIC HUDSON
    ONE CIVIC CENTER PLAZA SUITE 200
    POUGHKEEPSIE,NY12601     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 1,000
    COMMUNITY CENTER NORTHWESTERN
    84 BEDFORD ROAD
    KATONAH,NY10536     		  PUBLIC CHARITY TO SUPPORT THE GENERAL PURPOSE FUND 10,000
    Total .................................bullet 3a 2,265,560
    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 13  
    4 Dividends and interest from securities....     14 1,649,971  
    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.....     01 14,981  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 118,607  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,783,572 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,783,572
    (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:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 19,500 0 0 0

    TY 2015 AllOthProgRltdInvestmentsSch
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category Amount
    NONE 0

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Name of Bond End of Year Book Value End of Year Fair Market Value
    250,000 AMERICAN EXPRESS CO 5.5% 254,294 257,315
    500,000 BURLINGTON NORTHERN SANTA FE CORP 6.875% 501,034 503,240
    250,000 CITIGROUP INC 2.15% 250,320 249,815
    435,000 CONSTELLATION BRANDS INC 7.25% 457,761 463,275
    240,000 CONSTELLATION ENERGY GROUP INC 5.15% 262,946 260,580
    250,000 CVS HEALTH CORP 2.8% 250,409 251,123
    250,000 DOW CHEM CO 4.25% 264,270 261,693
    250,000 ECOLAB INC 4.35% 273,194 266,943
    255,000 ENCANA CORP 6.5% 287,657 248,620
    400,000 FORD MOTOR CO LLC NTS 5% 417,130 420,160
    235,000 GENERAL MTRS FINL CO INC 3.5% 238,191 235,787
    235,000 GENERAL ELEC CAP CORP 6% 264,075 266,217
    400,000 GOLDMAN SACHS GROUP INC. 5.625% 404,896 415,472
    250,000 HEWLETT PACKARD CO NTS 3.75% 261,320 248,060
    325,000 KINDER MORGAN ENERGY PARTNERS LP 5.3% 355,981 321,753
    250,000 KRAFT FOODS GROUP INC 5.375% 275,684 273,735
    500,000 MERRILL LYNCH & CO 6.05% 501,294 508,245
    245,000 MORGAN STANLEY 5.625% 269,831 270,382
    400,000 NOBLE HLDG INTL LTD. 2.5% 400,666 377,368
    400,000 OKLAHOMA GAS AND ELEC 6.5% 408,817 428,312
    250,000 RAYTHEON CO 4.4% 269,087 270,600
    250,000 RIO TINTO FIN USA LTD 3.5% 259,817 245,063
    250,000 RYDER SYS INC 2.45% 251,298 249,783
    400,000 TIME WARNER CABLE INC 6.75% 446,853 436,420
    250,000 VERIZON COMMUNICATIONS INC 4.5% 268,616 268,603
    250,000 VOLKSWAGEN INTERNATIONAL 4.0% 251,110 251,828
    250,000 LEHMAN BROS HLDGS INC 8.5% 0 18,438
    1,000,000 WASHINGTON MUTUAL BANK 5.65% 1,009,729 0

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2,500 HOME DEPOT INC COMMON 259,500 330,625
    5,000 JP MORGAN CHASE & CO COMMON 278,100 330,150
    4,729 AMERICAN INTERNATIONAL GROUP INC 234,694 293,056
    4,005 ARCHER DANIELS MIDLAND CO 0 0
    2,864 AUTOMATIC DATA PROCESSING INC 190,253 242,638
    8500 BANK OF NEW YORK MELLON CORP 363,367 350,370
    700 BLACKROCK INC 201,816 238,364
    1,657 CHEVRON CORPORATION 0 0
    3,263 CVS HEALTH CORP 338,956 319,024
    9,496 CISCO SYSTEMS INC 205,407 257,864
    1,965 CONOCOPHILLIPS 0 0
    1,129 CONOCOPHILLIPS 0 0
    5,138 DOW CHEMICAL CO 0 0
    2,200 EXXON MOBIL CORP 192,708 171,490
    1,173 FEDEX CORP 0 0
    6,467 FEDERATED INVESTORS INC 408,102 367,121
    11,883 GENERAL ELECTRIC CO 323,930 370,155
    6,263 GENERAL MOTORS CO 216,033 213,005
    2,502 HOME DEPOT INC 287,795 330,890
    8,278 INTEL CORP 202,885 285,177
    2,211 JOHNSON & JOHNSON 223,930 227,114
    1,127 LOCKHEED MARTIN CORP 202,129 244,728
    4,685 MERCK & CO INC 226,550 247,462
    7,154 MICROSOFT CORP 302,608 396,904
    2,239 NOVARTIS AG 0 0
    3,669 PNC FINANCIAL SVCS GROUP INC 329,136 349,692
    2,951 PEPSICO INC 270,223 294,864
    7,884 PFIZER INC 241,633 254,496
    2,235 PROCTER & GAMBLE CO 0 0
    2,098 ROCKWELL AUTOMATION INC 229,627 215,276
    2,900 ROYAL DUTCH SHELL PLC 0 0
    3,966 STANLEY BLACK & DECKER INC 363,259 423,291
    6,754 SYNCHRONY FINL 180,048 205,389
    5,165 TEXAS INSTRUMENTS INCORPORATED 213,754 283,094
    2,633 UNITED PARCEL SVC INC 252,846 253,374
    2,096 UNITED TECHNOLOGIES CORP 0 0
    3,579 WALGREENS BOOTS ALLIANCE INC 0 0

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    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:


    859,184
    State & Local Government Securities - End of Year Fair Market Value:


    863,513


    TY 2015 InvestmentsOtherSchedule2
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN CAPITAL HOLDINGS LP INTEREST AT COST 5,133,340 4,036,264

    TY 2015 OtherExpensesSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 612 0 0 0


    TY 2015 OtherIncomeSchedule2
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH FROM AMERICAN CAPITAL HOLDINGS LLC 14,981 14,981  


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISORY FEES 108,185 108,185 0 0


    TY 2015 TaxesSchedule
    Name:
    SCHWARTZ FAMILY FOUNDATION
     
    C/O ALAN SCHWARTZ GUGGENHEIM PARTNERS
    EIN:
    13-7138217
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX ON INVESTMENT INCOME 65,315 0 0 0
    FOREIGN TAXES PAID ON INVESTMENTS 895 895 0 0