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
A CHILD WAITS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O OTA LP ONE MANHATTANVILLE ROAD
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PURCHASE, NY10577
A Employer identification number

13-3978652
B Telephone number (see instructions)

(914) 460-4017
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$1,949,190
J 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) 115,377
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 5,764 5,764 5,764
4 Dividends and interest from securities... 31,904 31,904 31,904
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 93,802
b Gross sales price for all assets on line 6a 1,764,445
7 Capital gain net income (from Part IV, line 2)... 93,802
8 Net short-term capital gain......... 57,057
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)....... 2,493 2,493 2,493
12 Total. Add lines 1 through 11........ 249,340 133,963 97,218
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 97,908     97,908
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 10,799     10,799
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 4,009     4,009
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 6,434     6,434
19 Depreciation (attach schedule) and depletion... 1,309    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 25     25
23 Other expenses (attach schedule)....... 11,917     11,917
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 132,401 0   131,092
25 Contributions, gifts, grants paid....... 449,148 449,148
26 Total expenses and disbursements. Add lines 24 and 25 581,549 0   580,240
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -332,209
b Net investment income (if negative, enter -0-) 133,963
c Adjusted net income (if negative, enter -0-)... 97,218
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............. 105,792 25,865 25,865
2 Savings and temporary cash investments......... 197,130 1,087,502 1,087,502
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) bullet107,592
Less: allowance for doubtful accounts bullet   131,336 107,592 107,592
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 2,520    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,939,543 Click to see attachment727,069 727,069
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet37,341
Less: accumulated depreciation (attach schedule) bullet36,179 2,471 Click to see attachment1,162 1,162
15 Other assets (describe bullet) Click to see attachment87 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,378,879 1,949,190 1,949,190
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) Click to see attachment0 Click to see attachment115
23 Total liabilities (add lines 17 through 22).........   115
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 2,378,879 1,949,075
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 2,378,879 1,949,075
31 Total liabilities and net assets/fund balances (see instructions). 2,378,879 1,949,190
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,378,879
2
Enter amount from Part I, line 27a .....................
2
-332,209
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,046,670
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
97,595
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,949,075
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 SCHWAB- LT CAPITAL GAIN DISTRIBUTIONS P 2014-12-01 2015-12-31
b VANGUARD- LT CAPITAL GAIN DISTRIBUTIONS P 2014-12-01 2015-12-31
c AMAZON.COM P 2013-11-25 2015-05-14
d PERMIAN BASIN TR P 2014-06-13 2015-05-14
e PERMIAN BASIN TR P 2011-07-25 2015-05-14
VANGUARD WELLESLEY INCOME FD P 2013-01-22 2015-03-02
VANGUARD WELLESLEY INCOME FD P 2014-03-28 2015-03-02
VANGUARD HEALTH CARE FD P 2015-03-02 2015-09-01
SCHWAB DIVIDEND EQUITY FD P 2013-02-06 2015-09-28
VANGUARD HEALTH CARE FD P 2014-12-24 2015-07-24
(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 41,685 0 0 41,685
b 12,641 0 0 12,641
c 86,474 0 75,356 11,118
d 1,056 0 1,435 -379
e 14,837 0 35,703 -20,866
206,040 0 195,421 10,619
10,497 0 10,334 163
442,162 0 446,836 -4,674
450,000 0 468,452 -18,452
499,055 0 437,108 61,947
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 0 0 0 41,685
b 0 0 0 12,641
c 0 0 0 11,118
d 0 0 0 -379
e 0 0 0 -20,866
0 0 0 10,619
0 0 0 163
0 0 0 -4,674
0 0 0 -18,452
0 0 0 61,947
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 93,802
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 57,057
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 469,191 2,343,196 0.200235
2013 400,848 2,593,169 0.154578
2012 439,025 2,657,416 0.165207
2011 372,155 2,839,835 0.131048
2010 361,455 3,185,288 0.113476
2
Total of line 1, column (d) .....................
20.764544
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
0.152909
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,919,952
5
Multiply line 4 by line 3......................
5
293,578
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,340
7
Add lines 5 and 6........................
7
294,918
8
Enter qualifying distributions from Part XII, line 4.............
8
580,240
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: 1998-07-28(attach copy of letter if necessary–see instructions)
b 1 1,340
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 1,340
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,340
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 11
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -1511 7 1,511
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 30
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 10 141
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet141 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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, MA
    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
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
    Yes
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletCYNTHIA NELSON Telephone no.bullet (518) 794-8890

    Located atbullet1136 BARKER ROAD 12PITTSFIELDMA ZIP+4bullet01201
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CYNTHIA NELSON PRES
    20.00
    0 0 0
    25 HAVEN WAY
    BEVERLY,MA01915
    RANDOLPH NELSON VP
    5.00
    0 0 0
    25 HAVEN WAY
    BEVERLY,MA01915
    RICHARD CAYNE SECT
    1.00
    0 0 0
    2447 KAYRON LANE
    N BELLMORE,NY11710
    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
    RAYMONA GRIFFIN PROGRAM DIRECTOR
    40.00
    59,170 5,000 0
    PO BOX 145 W
    LEBANON,NY12195
    Total number of other employees paid over $50,000...................bullet 1
    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 FINANCIAL ASSISTANCE FOR INTERNATIONAL ADOPTIONS 131,092
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    834,661
    b
    Average of monthly cash balances.......................
    1b
    1,113,367
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,162
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,949,190
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,949,190
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    29,238
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,919,952
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    95,998
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
     
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    580,240
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    580,240
    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
    1,340
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    578,900
    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 0
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 361,455
    b From 2011...... 372,155
    c From 2012...... 440,307
    d From 2013...... 402,093
    e From 2014...... 472,225
    fTotal of lines 3a through e........ 2,048,235
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 580,240
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2015 distributable amount.....  
    e Remaining amount distributed out of corpus 580,240
    5 Excess distributions carryover applied to 2015.    
    (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 2,628,475
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    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......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    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) .......
     
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    361,455
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    2,267,020
    10 Analysis of line 9:
    a Excess from 2011.... 372,155
    b Excess from 2012.... 440,307
    c Excess from 2013.... 402,093
    d Excess from 2014.... 472,225
    e Excess from 2015.... 580,240
    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
    1998-07-28
    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
    95,998 69,325 60,331 116,240 341,894
    b 85% of line 2a ......... 81,598 58,926 51,281 98,804 290,609
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
    580,240 472,225 402,093 440,307 1,894,865
    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 ....
    580,240 472,225 402,093 440,307 1,894,865
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
            0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
            0
    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) ....
            0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
            0
    (3) Largest amount of support
    from an exempt organization
            0
    (4) Gross investment income         0
    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).)
    CYNTHIA AND RANDOLPH NELSON
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CYNTHIA AND RANDOLPH NELSON
    1136 BARKER ROAD 12
    PITTSFIELD,MA01201
    (413) 499-7859
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN OR VERBAL REQUESTS DETAILING CIRCUMSTANCES AND NEEDS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    FRONTIER HORIZONS
    PO Box 4429
    Virginia Beach,VA23454
      PUBLIC CHARITY ADOPTION SERVICES 5,000
    WACAP
    315 SOUTH 2ND STREET
    RENTON,WA98057
      PUBLIC CHARITY ADOPTION SERVICES 20,200
    AGAPE ADOPTIONS
    1410 MAIN STREET
    SUMNER,WA98390
      PUBLIC CHARITY ADOPTION SERVICES 6,000
    CHILDRENS HOUSE INTERNATIONAL
    PO BOX 1829
    FERNDALE,WA98248
      PUBLIC CHARITY ADOPTION SERVICES 3,500
    LIFELINE CHILDRENS SERVICES
    2104 ROCKY RIDGE ROAD
    BIRMINGHAM,AL35216
      PUBLIC CHARITY ADOPTION SERVICES 14,137
    CRADLE OF HOPE
    8630 FENTON STREET ST 310
    SILVER SPRING,MD20910
      PUBLIC CHARITY ADOPTION SERVICES 12,000
    AAC
    PO BOX W
    BERTHOUD,CO80513
      PUBLIC CHARITY ADOPTION SERVICES 2,000
    GLADNEY CENTER
    850 SEVENTH AVE ST 801
    NEW YORK,NY10019
      PUBLIC CHARITY ADOPTION SERVICES 4,000
    LITTLE MIRACLES
    600 SOUTH TYLER ST ST 1302
    AMARILLO,TX79101
      PUBLIC CHARITY ADOPTION SERVICES 4,000
    ALL GODS CHILDREN
    404 E 15TH STREET
    VANCOUVER,WA98663
      PUBLIC CHARITY ADOPTION SERVICES 3,400
    MADISON
    1009 WOODSTREAM DRIVE
    WILMINGTON,DE19810
      PUBLIC CHARITY ADOPTION SERVICES 1,500
    WASATCH
    1140 36TH ST
    OGDEN,UT84403
      PUBLIC CHARITY ADOPTION SERVICES 10,000
    CCAI
    6920 S HOLLY CIRCLE
    CENTENNIAL,CO80112
      PUBLIC CHARITY ADOPTION SERVICES 14,000
    WIDE HORIZONS FOR CHILDREN
    375 TOTTEN POND RD ST 400
    WALTHAM,MA02451
      PUBLIC CHARITY ADOPTION SERVICES 3,500
    ADAM LINDSAY HEINEN
    XX
    ROSEMOUNT,MN55068
    NONE N/A ADOPT A CHILD 4,000
    ANGELA KNAPP
    XX
    CASSELBERRY,FL32730
    NONE N/A ADOPT A CHILD 3,500
    ANNA CHRISTIAN
    XX
    NEW YORK,NY10025
    NONE N/A ADOPT A CHILD 5,000
    ASHLEY WARREN
    XX
    TALLASSEE,AL36078
    NONE N/A ADOPT A CHILD 4,000
    BOB TERRIE BAYLES
    XX
    CLEVELAND,TN37312
    NONE N/A ADOPT A CHILD 5,000
    BRADLEY JESSICA COOK
    XX
    SHELBYVILLE,IL62565
    NONE N/A ADOPT A CHILD 2,000
    BRANDON RACHEL AUCH
    XX
    WELLINGTON,CO80549
    NONE N/A ADOPT A CHILD 4,000
    BRIAN EVA HOLSINGER
    XX
    DAYTON,OH45415
    NONE N/A ADOPT A CHILD 1,500
    CALEB TRACY KELLEY
    XX
    SPRINGFIELD,MO65803
    NONE N/A ADOPT A CHILD 3,500
    CANDICE HATCHER
    XX
    MADISON,AL35758
    NONE N/A ADOPT A CHILD 4,500
    CHARLES AMANDA COLE
    XX
    WATERFORD,PA16441
    NONE N/A ADOPT A CHILD 4,000
    CHARLES MICHELLE TICE
    XX
    MOBILE,AL36609
    NONE N/A ADOPT A CHILD 2,863
    CHELSEA LIAM MCDONALD
    XX
    CLEVELAND,OH44121
    NONE N/A ADOPT A CHILD 4,000
    CHRIS JENNY SCOTT
    XX
    SARGEANT,MN55973
    NONE N/A ADOPT A CHILD 4,500
    CHRISTINE ADAMS
    XX
    CORNING,NY14830
    NONE N/A ADOPT A CHILD 4,000
    CHRISTOPHER SHERRY DOYLE
    XX
    BRISTOW,VA20136
    NONE N/A ADOPT A CHILD 5,000
    CLAYTON CONNIE JOHNSON
    XX
    RINGWOOD,OK73768
    NONE N/A ADOPT A CHILD 4,000
    COREY MELODY CAIN
    XX
    PARIS,TN38242
    NONE N/A ADOPT A CHILD 4,000
    CRAIG TRINA STULL
    XX
    BROWNSBURG,IN46112
    NONE N/A ADOPT A CHILD 4,000
    DANIEL ABBY SNYDER
    XX
    ELKINS,AR72727
    NONE N/A ADOPT A CHILD 4,000
    DANIEL GINA CHURCH
    XX
    SAINT PAUL,MN55110
    NONE N/A ADOPT A CHILD 4,000
    DANIEL JANELLE THOMAS
    XX
    EXTON,PA19341
    NONE N/A ADOPT A CHILD 4,000
    DAVID SHERI HEPWORTH
    XX
    AUBURN HILLS,MI48326
    NONE N/A ADOPT A CHILD 4,000
    DEDRICK CYRSTAL BOUCHARD
    XX
    SPARTA,MO65753
    NONE N/A ADOPT A CHILD 4,000
    DENNIS TERRI HITT
    XX
    SHAWNEE,KS66216
    NONE N/A ADOPT A CHILD 3,000
    ETHAN LAURA REED
    XX
    FINKSBURG,MD21048
    NONE N/A ADOPT A CHILD 4,000
    GALIN EMILY KNIGHT
    XX
    PRINCE GEORGE,VA23875
    NONE N/A ADOPT A CHILD 4,000
    GREG LAURA KEITH
    XX
    ZEELAND,MI49464
    NONE N/A ADOPT A CHILD 3,500
    JACOB REBECCA TAYLOR
    XX
    APEX,NC27502
    NONE N/A ADOPT A CHILD 1,500
    JAMES JENNIE POWELL
    XX
    MOUNT DORA,FL32757
    NONE N/A ADOPT A CHILD 4,000
    JAMES JESSICA SLATON
    XX
    HIGH POINT,NC27265
    NONE N/A ADOPT A CHILD 4,000
    JAMES JUANITA PACE
    XX
    PIEDMONT,SC29673
    NONE N/A ADOPT A CHILD 3,000
    JAMIE MICHAEL CUNNINGHAM
    XX
    CAPE CORAL,FL33993
    NONE N/A ADOPT A CHILD 4,000
    JARED LEICA CHEI
    XX
    XINING CHINA,NY10577
    NONE N/A ADOPT A CHILD 5,000
    JASON JOELY ONEAL
    XX
    ADA,OK74820
    NONE N/A ADOPT A CHILD 2,000
    JASON TRACY WILKINSON
    XX
    COLORA,MD21917
    NONE N/A ADOPT A CHILD 1,500
    JEFF SARAH OWENS
    XX
    EDEN PRAIRIE,MN55347
    NONE N/A ADOPT A CHILD 1,500
    JEFFREY JACQUELINE CARLSON
    XX
    PLAINFIELD,IN46168
    NONE N/A ADOPT A CHILD 5,000
    JEFFREY WENDY REED
    XX
    COCHRANVILLE,PA19330
    NONE N/A ADOPT A CHILD 5,000
    JENNIFER ABROMOWITZ
    XX
    WILLIAMSBURG,MA01096
    NONE N/A ADOPT A CHILD 3,500
    JEREMIAH TAMA CLAPPER
    XX
    GREELEY,CO80634
    NONE N/A ADOPT A CHILD 5,000
    JOEL MISTY BARTHEL
    XX
    MANITOWOC,WI54220
    NONE N/A ADOPT A CHILD 5,000
    JOHN ABIGAIL BANKS
    XX
    LAKE ARIEL,PA18436
    NONE N/A ADOPT A CHILD 3,000
    JOHN DEBORAH HAYES
    XX
    GRAND ISLAND,NE68801
    NONE N/A ADOPT A CHILD 2,000
    JOHN HANNAH WALLACE
    XX
    CLINTON,MS39056
    NONE N/A ADOPT A CHILD 4,000
    JOHN JENNIFER CHAMBERS
    XX
    SAINT PAUL,MN55108
    NONE N/A ADOPT A CHILD 4,500
    JOHN KAREN GILBERT
    XX
    AURORA,CO80013
    NONE N/A ADOPT A CHILD 3,000
    JONATHAN TARA NALLEY
    XX
    SIMPSONVILLE,SC29681
    NONE N/A ADOPT A CHILD 5,000
    JOSHUA DANIELLE HUNTER
    XX
    WEST POINT,NY10996
    NONE N/A ADOPT A CHILD 4,000
    JOSHUA KARI DRIVER
    XX
    CULLMAN,AL35058
    NONE N/A ADOPT A CHILD 3,500
    JOSHUA LAURA AXTETTER
    XX
    CRYSTAL CITY,MO63019
    NONE N/A ADOPT A CHILD 4,000
    JULIE GRESS
    XX
    GAINESVILLE,FL32609
    NONE N/A ADOPT A CHILD 2,000
    JUSTIN AMBER CAMPIDILLI
    XX
    SILVER LAKE,KS66539
    NONE N/A ADOPT A CHILD 4,000
    KRISTIN HILLUKKA
    XX
    BIG LAKE,MN55309
    NONE N/A ADOPT A CHILD 2,000
    KYLE LOLA LEWIS
    XX
    OLNEY,MD20832
    NONE N/A ADOPT A CHILD 4,000
    LARRY MEREDITH WARF
    XX
    MADISON,MS39110
    NONE N/A ADOPT A CHILD 1,500
    MARK EDNA BUNDREN
    XX
    VIENNA,IL62995
    NONE N/A ADOPT A CHILD 2,000
    MARK LAURA JENSEN
    XX
    BURLEY,ID83318
    NONE N/A ADOPT A CHILD 4,000
    MARK ROBIN SIX
    XX
    LITTLETON,CO80127
    NONE N/A ADOPT A CHILD 4,000
    MARTA LOPEZ
    XX
    MIAMI,FL33134
    NONE N/A ADOPT A CHILD 4,000
    MATTHEW KIMBRA JOHNSON
    XX
    DEMOTTE,IN46310
    NONE N/A ADOPT A CHILD 5,000
    MELISSA WHITE
    XX
    ASHLAND,OR97520
    NONE N/A ADOPT A CHILD 3,500
    MEQUEL JILL BARIL
    XX
    BILLINGS,MT59102
    NONE N/A ADOPT A CHILD 4,000
    MICHAEL ELIZABETH GOWINS
    XX
    HAMILTON,OH45011
    NONE N/A ADOPT A CHILD 4,000
    MICHAEL EMILY SHARP
    XX
    RICHARDSON,TX75080
    NONE N/A ADOPT A CHILD 4,500
    MICHAEL LISA WANLESS
    XX
    WASHINGTON,IL61571
    NONE N/A ADOPT A CHILD 3,800
    NANCY BEATY
    XX
    HOUSTON,TX77063
    NONE N/A ADOPT A CHILD 4,500
    NATHAN CASSANDRA HEFNER
    XX
    HUNTINGTON,WV25705
    NONE N/A ADOPT A CHILD 4,000
    NEIL AMY ARNOLD
    XX
    BRYANT,AR72022
    NONE N/A ADOPT A CHILD 4,500
    NICHOLAS LESLIE HOFFMAN
    XX
    FOUNTAIN,CO80817
    NONE N/A ADOPT A CHILD 5,000
    PAUL KIMBERLEE VANAUKEN
    XX
    NEWARK,NY14513
    NONE N/A ADOPT A CHILD 4,000
    PHILIP MARY DYCK
    XX
    PUYALLUP,WA98375
    NONE N/A ADOPT A CHILD 2,000
    RANDI BLOCK
    XX
    NASHVILLE,TN37206
    NONE N/A ADOPT A CHILD 4,000
    RANDY ANGELA PATRICK
    XX
    KINGS MOUNTAIN,NC28086
    NONE N/A ADOPT A CHILD 4,000
    RICH VICKI VAN NOSTRAND
    XX
    HAUPPAUGE,NY11788
    NONE N/A ADOPT A CHILD 4,000
    ROBERT KIM SUMMERS
    XX
    BUFFALO,NY14227
    NONE N/A ADOPT A CHILD 4,000
    RYAN AMY ANDERSON
    XX
    LINDON,UT84042
    NONE N/A ADOPT A CHILD 2,000
    SCOTT JENNIFER ROBINSON
    XX
    SPRINGFIELD,OH45504
    NONE N/A ADOPT A CHILD 5,000
    SEAN SARAH RICHARDSON
    XX
    SHERWOOD,AR72120
    NONE N/A ADOPT A CHILD 4,000
    SHAWN NANCY NORTON
    XX
    NAMPA,ID83687
    NONE N/A ADOPT A CHILD 3,100
    SIMON KELLI GRAHAM
    XX
    EDGEFIELD,SC29824
    NONE N/A ADOPT A CHILD 1,000
    STEVEN JANET POWERS
    XX
    KELSO,WA98626
    NONE N/A ADOPT A CHILD 3,000
    STEVEN TERRI GAINS
    XX
    SAN ANTONIO,TX78258
    NONE N/A ADOPT A CHILD 4,000
    TIMOTHY ROCHELLE MURRELL
    XX
    ROBERTSDALE,AL36567
    NONE N/A ADOPT A CHILD 4,000
    TOM STEPHANIE LACOCK
    XX
    SNELLVILLE,GA30078
    NONE N/A ADOPT A CHILD 4,000
    TOUSON AILITA SARYON
    XX
    MOUNT SHASTA,CA96067
    NONE N/A ADOPT A CHILD 5,000
    TRAVIS GINA AUDISS
    XX
    PRATT,KS67124
    NONE N/A ADOPT A CHILD 5,000
    VINCENT HEATHER PRESTON
    XX
    WAUKEE,IA50263
    NONE N/A ADOPT A CHILD 3,500
    VITTORIO LOREEN SORRENTINO
    XX
    INDIAN TRAIL,NC28079
    NONE N/A ADOPT A CHILD 1,500
    WESLEY ASHLEY HEATH
    XX
    PIEDMONT,AL36272
    NONE N/A ADOPT A CHILD 5,000
    MELANIE BARRIER
    XX
    GREEN FOREST,AR72638
    NONE N/A ADOPT A CHILD 2,364
    JASON KRISSY DICKERSON
    XX
    WEATHERFORD,TX76086
    NONE N/A ADOPT A CHILD 5,824
    WILLIAM ALLISON BRADSHAW
    XX
    ELLSWORTH,ME04605
    NONE N/A ADOPT A CHILD 4,420
    NEW LEBANON HIGH SCHOOL FUND
    14665 RT 22
    NEW LEBANON,NY12125
      PUBLIC CHARITY PUBLIC CHARITY 40
    Total .................................bullet 3a 449,148
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........
             
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property
             
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............
        14   93,802
    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)..     93,802
    13Total. Add line 12, columns (b), (d), and (e)..................
    1393,802
    (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:  
    Part VI Line 7 -Original Return Overpayment: -1,511


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

    13-3978652
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    A CHILD WAITS FOUNDATION
     
    Employer identification number
    13-3978652
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    LEVENTHAL FAMILY CHARITABLE FOUNDATION
     

       
    C/O OTA LLC ONE MANHATTANVILLE RD
     
    Purchase, NY10577

    $ 100,000


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

    HANK LOUISE LEANDER  
    3815 WOODLAKE DRIVE
     
    Bonita Springs, FL34134

    $ 10,000


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

       
     
     

    $  


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

       
     
     

    $  


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

       
     
     

    $  


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

       
     
     

    $  


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

    13-3978652
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    A CHILD WAITS FOUNDATION
     
    Employer identification number

    13-3978652
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 GainLossSaleOtherAssetsSch
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SCHWAB DIVIDEND EQUITY FUND- CAP GAIN DISTRIBUTION         41,685       41,685  
    VANGUARD - CAP GAIN DISTRIBUTION         12,641       12,641  
    VANGUARD HEALTH CARE FD   Purchased     499,055 437,108     61,947  
    PERMIAN BASIN ROYALTY TR   Purchased     15,892 37,137     -21,245  
    AMAZON.COM   Purchased     86,474 75,356     11,118  
    SCHWAB DIVIDEND EQUITY FUND   Purchased     450,000 468,452     -18,452  
    VANGUARD WELLESLEY INCOME FD   Purchased     216,537 205,754     10,783  
    VANGUARD HEALTH CARE FD   Purchased     442,161 446,836     -4,675  

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD 254,998 254,998
    CHARLES SCHWAB 472,071 472,071

    TY 2015 LandEtcSchedule2
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTERS & PERIPHERALS 31,992 31,255 737  
    FURNITURE & FIXTURES 5,349 4,924 425  


    TY 2015 OtherAssetsSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER RECEIVABLE 87    
    OTHER RECEIVABLE 87    
    OTHER RECEIVABLE 87    


    TY 2015 OtherAssetsSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER RECEIVABLE 87    
    OTHER RECEIVABLE 87    
    OTHER RECEIVABLE 87    


    TY 2015 OtherAssetsSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER RECEIVABLE 87    
    OTHER RECEIVABLE 87    
    OTHER RECEIVABLE 87    


    TY 2015 OtherDecreasesSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Description Amount
    FEDERAL TAXES PAID 3,100
    UNREALIZED LOSSES 94,495


    TY 2015 OtherExpensesSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS EXPENSE 1,256     1,256
    OFFICE SUPPLIES 2,391     2,391
    POSTAGE 3,957     3,957
    TELEPHONE EXPENSE 4,313     4,313


    TY 2015 OtherIncomeSchedule2
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 2,220 2,220 2,220
    ROYALTY INCOME 273 273 273


    TY 2015 OtherLiabilitiesSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Description Beginning of Year - Book Value End of Year - Book Value
    OTHER PAYABLE   115
    OTHER PAYABLE   115


    TY 2015 OtherLiabilitiesSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Description Beginning of Year - Book Value End of Year - Book Value
    OTHER PAYABLE   115
    OTHER PAYABLE   115


    TY 2015 TaxesSchedule
    Name:
    A CHILD WAITS FOUNDATION
    EIN:
    13-3978652
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 6,434     6,434