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
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
DECLARATION OF TRUST OF THE JOSEPH
AND MARY CACIOPPO FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)4769 E CAMP LOWELL DRIVE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUCSON, AZ85712
A Employer identification number

45-5596626
B Telephone number (see instructions)

(520) 326-0703
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$9,999,349J Accounting method:
CASH MODIFIED
(Part I, column (d) must be on cash basis.)
F bullet
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 124,307 124,307  
4 Dividends and interest from securities...... 146,113 146,113  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 570,733
b Gross sales price for all assets on line 6a 2,885,534
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 841,153 270,420  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 147,000     147,000
14 Other employee salaries and wages...... 6,984     6,984
15 Pension plans, employee benefits....... 3,900     3,900
16a Legal fees (attach schedule)......... Click to see attachment 35,656     35,656
b Accounting fees (attach schedule)....... Click to see attachment 4,745     4,745
c Other professional fees (attach schedule).... Click to see attachment 58,720 58,060   660
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,777     15,777
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,488    
20 Occupancy.............. 2,091     2,091
21 Travel, conferences, and meetings....... 3,365     3,365
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 57,002     57,002
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 339,728 58,060   277,180
25 Contributions, gifts, grants paid........ 313,500 313,500
26 Total expenses and disbursements. Add lines 24 and 25 653,228 58,060   590,680
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 187,925
b Net investment income (if negative, enter -0-) 212,360
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 3,623 10,870 10,870
2 Savings and temporary cash investments.......... 200,963 73,426 73,426
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 4,379,233 Click to see attachment5,131,169 7,243,097
c Investments—corporate bonds (attach schedule)........ 2,588,070 Click to see attachment2,246,334 2,279,090
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 bullet283,104
Less: accumulated depreciation (attach schedule) bullet75,495 212,097 Click to see attachment207,609 353,000
15 Other assets (describe bullet) Click to see attachment39,866 Click to see attachment39,866 Click to see attachment39,866
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,423,852 7,709,274 9,999,349
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 attachment5,605 Click to see attachment6,102
23 Total liabilities (add lines 17 through 22).......... 5,605 6,102
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 7,418,247 7,703,172
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)...... 7,418,247 7,703,172
31 Total liabilities and net assets/fund balances (see instructions).. 7,423,852 7,709,274
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 7,418,247
2 Enter amount from Part I, line 27a..................... 2 187,925
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 97,000
4 Add lines 1, 2, and 3.......................... 4 7,703,172
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 7,703,172
Form 990-PF (2014)
Form 990-PF (2014)
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.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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))
2013 465,105 9,180,440 0.050663
2012 330,184 8,019,836 0.041171
2011 356,563 7,363,936 0.048420
2010 314,511 7,301,946 0.043072
2009 233,557 6,767,211 0.034513
2 Total of line 1, column (d) ...................... 2 0.217839
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 0.043568
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 9,638,332
5 Multiply line 4 by line 3....................... 5 419,923
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,124
7 Add lines 5 and 6......................... 7 422,047
8 Enter qualifying distributions from Part XII, line 4.............. 8 590,680
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 (2014)
Form 990-PF (2014)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 2,124
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  
3 Add lines 1 and 2........................... 3 2,124
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 2,124
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,723
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,600
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,323
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,199
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,199 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
 
 
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)
    bulletAZ
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    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 ofbulletTHE TRUST Telephone no.bullet (520) 326-0703
    Located atbullet4769 E CAMP LOWELL DRIVETUCSONAZ ZIP+4bullet85712
    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 2014, 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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 2014?.............
    1c
     
     
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    4b
     
    No
    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 (2014)
    Form 990-PF (2014)
    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
    MICHAEL-ANNE YOUNG TRUSTEE/CEO
    50.00     		145,000 3,900 0
    4769 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    CRAIG WILLS TRUSTEE
    10.00     		2,000 0 0
    4769 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    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  
    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
    ARISTOTLE CAPITAL MANAGEMENT LLC INVESTMENT ADV 58,060
    11111 SANTA MONICA BLVD STE 1700
    LOS ANGELES,CA90025
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    9,446,483
    b
    Average of monthly cash balances.......................
    1b
    191,849
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,638,332
    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
    9,638,332
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,638,332
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    481,917
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    481,917
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    2,124
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,124
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    479,793
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    97,000
    5
    Add lines 3 and 4............................
    5
    576,793
    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
    576,793
    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
    590,680
    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
    590,680
    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
    2,124
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    588,556
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 576,793
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013....... 6,615
    fTotal of lines 3a through e......... 6,615
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 590,680
    a Applied to 2013, 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 2014 distributable amount..... 576,793
    e Remaining amount distributed out of corpus 13,887
    5 Excess distributions carryover applied to 2014.    
    (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 20,502
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. 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 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		20,502
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013.... 6,615
    e Excess from 2014.... 13,887
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DEC OF TRUST OF JOSEPH AND MARY FND
    MICHAEL-ANNE YOUNG CEO
    4769 EAST CAMP LOWELL DR
    TUCSON,AZ85712
    (520) 326-0703
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT CHIEF EXECUTIVE OFFICER IN WRITING.
    cAny submission deadlines:
    CONTACT CHIEF EXECUTIVE OFFICER IN WRITING.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ALL GRANT DISTRIBUTIONS ARE MADE TO ORGANIZATIONS WHICH QUALIFY TO RECEIVE AMOUNTS CLASSIFIED AS CHARITABLE DEDUCTIONS UNDER IRS CODE SECTION 170(C).
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CUMBERLAND COLLEGE
    6191 COLLEGE STATION DR
    WILLIAMSBURG,KY40769     		    WORKSHIP PROGRAM 5,000
    CUMBERLAND COLLEGE
    6191 COLLEGE STATION DR
    WILLIAMSBURG,KY40769     		    TUITION ASSISTANCE 10,000
    HONOR FLIGHT SOUTHERN ARIZONA
    14498 N SUNSET GALLERY DR
    MARANA,AZ85658     		    VETERAN TRAVEL EXPENSES 15,000
    LYNN HOUSE OF POTOMAC VALLEY
    4400 W BRADDOCK ROAD
    ALEXANDRIA,VA22304     		    NURSING SUPPLIES 10,000
    LYNN HOUSE OF POTOMAC VALLEY
    4400 W BRADDOCK ROAD
    ALEXANDRIA,VA22304     		    PATIENT BENEVOLENCE PROGRAM 10,000
    MARSHALL HOME FOR MEN
    3314 S 16TH AVENUE
    TUCSON,AZ85713     		    VETERAN'S BENEVOLENCE 25,000
    PEACE HAVEN ASSOCIATION
    12630 ROTT ROAD
    ST LOUIS,MO63127     		    PATIENT BENEVOLENCE PROGRAM 10,000
    PEACE HAVEN ASSOCIATION
    12630 ROTT ROAD
    ST LOUIS,MO63127     		    NURSING SUPPLIES 10,000
    PHILANTHROPY ROUNDTABLE
    1730 N STREET NW
    WASHINGTON,DC20036     		    PROGRAM SERVICES 2,500
    RAINBOW VALLEY RANCH
    PO BOX 768
    WARRENSBURG,NY12885     		    CAMPER TUITION/INSTRUCTOR/SPKR FEES 6,000
    SW FL CARE SVCS FOR CHR SCIENTISTS
    20840 PERSIMMON PLACE
    ESTERO,FL33928     		    VISITING NURSES PROGRAM 5,000
    TEAM RUBICON
    300 CONTINENTAL BLVD 150
    EL SEGUNDO,CA90245     		    VOLUNTEER RCRT/TRAIN PHX CHAPTER 40,000
    THE LEAVES INC
    1230 W SPRING VALLEY RD
    RICHARDSON,TX75080     		    NURSING SUPPLIES 5,000
    THE LEAVES INC
    1230 W SPRING VALLEY RD
    RICHARDSON,TX75080     		    PATIENT BENEVOLENCE PROGRAM 15,000
    THE NURSES OFFICE
    1757 W JACKSON LN
    LAKESIDE,AZ85929     		    SLIDING SCALE PATIENT FEES 10,000
    THE NURSES OFFICE
    1757 W JACKSON LN
    LAKESIDE,AZ85929     		    EMERGENCY RELIEF FUND 5,000
    TIME OUT INC
    PO BOX 306
    PAYSON,AZ85547     		    EMERGENCY RELIEF FUND 10,000
    TRAUMA INTERVENTION PROGRAMS OF AZ
    35 N FRENCH DRIVE
    PRESCOTT VALLEY,AZ86303     		    VOLUNTEER PROGRAM 10,000
    U OF A FOUNDATION
    ANTHROPOLOGY/CLASSICS DEPARTMENT
    321 HAURY BLDG
    PO BOX 210105
    TUCSON,AZ85721     		ANTHROPOLOGY - CLASSICS MENTORED RSRCH EXPR FOR SUCCESS 30,000
    U OF A FOUNDATION
    ANTHROPOLOGY/CLASSICS DEPARTMENT
    321 HAURY BLDG
    PO BOX 210105
    TUCSON,AZ85721     		ANTHROPOLOGY - CLASSIS ROMAN ARCH STUDIES SCHOLARSHIP 20,000
    U OF A FOUNDATION
    ANTHROPOLOGY/CLASSICS DEPARTMENT
    321 HAURY BLDG
    PO BOX 210105
    TUCSON,AZ85721     		ANTHROPOLOGY - CLASSICS ORVIETO INSTITUTE STUDY ABROAD PRGM 15,000
    U OF A FOUNDATION
    ANTHROPOLOGY/CLASSICS DEPARTMENT
    321 HAURY BLDG
    PO BOX 210105
    TUCSON,AZ85721     		ANTHROPOLOGY - CLASSICS ON-LINE VAUDEVILLE MUSEUM 45,000
    Total .................................bullet 3a 313,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 ............     		    14 124,307  
    4 Dividends and interest from securities....     14 146,113  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 570,733  
    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)..   841,153  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13841,153
    (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 (2014)
    Form 990-PF (2014)
    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
    Yes
    No
    organizations?
    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 namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,745     4,745

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    TY 2014 DepreciationSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 2001-06-06 152,455 50,297 S/L 39.0000 3,909      
    LEASEHOLD IMPROVEMENTS 2013-06-29 22,597 624 S/L 39.0000 579      
    7 CEILING FANS W. REMOTES 2001-04-30 1,261 1,261 S/L 12.0000        
    ALARM SYSTEM 2001-05-30 989 989 S/L 12.0000        
    BLINDS FRONT DOOR 2003-07-23 292 231 S/L 10.0000        
    COPIER 2009-07-13 1,622 1,622 S/L 5.0000        
    LAND 2001-02-27 87,750              
    LAPTOP COMPUTER 2004-12-16 1,560 1,404 S/L 5.0000        
    OPTIPLEX SOFTWARE 2007-08-16 1,206 1,206 S/L 5.0000        
    PHONE SYSTEM 2001-05-24 8,100 8,100 S/L 12.0000        
    SIGNS 2001-09-27 2,785 2,785 S/L 12.0000        
    WOOD BLINDS 2001-05-30 2,489 2,489 S/L 12.0000        

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    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    GENERAL MILLS INC: 100.00 2014-08 PURCHASE 2015-01   5,298 5,309     -11  
    GENERAL MILLS, INC. 100.00 2014-08 PURCHASE 2015-01   5,298 5,331     -33  
    MEDTRONIC PLC: 300.00 2014-06 PURCHASE 2015-01   22,535 19,256     3,279  
    MEDTRONIC PLC: 300.00 2014-08 PURCHASE 2015-01   22,535 19,074     3,461  
    HOSPIRA INC: 3000.00 2014-07 PURCHASE 2015-02   262,203 154,195     108,008  
    BANCO SANTANDER: 0.28 2015-05 PURCHASE 2015-05   2 2        
    MEDTRONIC PLC: 300.00 2015-01 PURCHASE 2015-06   22,606 22,535     71  
    HESS CORP: 1900.00 2011-12 PURCHASE 2014-07   188,616 102,740     85,876  
    PROGRESSIVE CORP: 3090.00 2012-07 PURCHASE 2014-07   77,443 63,799     13,644  
    BANCO SANTANDER: 0.51 2011-10 PURCHASE 2014-08   5 4     1  
    TIME INC: 362.00 2012-01 PURCHASE 2014-08   8,632 4,465     4,167  
    ABBEY NATIONAL TREASURY SVCS 4.0% 2012-03 PURCHASE 2014-08   315,261 299,967     15,294  
    WELLPOINT INC 5.25% 2009-11 PURCHASE 2014-09   266,235 257,473     8,762  
    SBC COMMUNICATIONS INC 5.1% 2008-04 PURCHASE 2014-09   250,000 250,875     -875  
    BANCO SANTANDER SA: 0.59 2011-10 PURCHASE 2014-11   5 5        
    ECOLAB INC: 276.00 2012-11 PURCHASE 2014-12   30,058 19,721     10,337  
    GENERAL MILLS INC: 232.00 2012-11 PURCHASE 2014-12   12,267 9,454     2,813  
    ECOLAB INC: 291.00 2012-11 PURCHASE 2014-12   31,827 20,793     11,034  
    GENERAL MILLS INC: 518.00 2012-11 PURCHASE 2014-12   27,479 21,109     6,370  
    ADOBE SYSTEMS INC: 300.00 2013-09 PURCHASE 2014-12   22,027 14,010     8,017  
    EBAY INC: 300.00 2011-06 PURCHASE 2014-12   16,690 8,754     7,936  
    TE CONNECTIVITY LTD: 475.00 2009-03 PURCHASE 2014-12   29,213 5,764     23,449  
    TEXAS INSTRUMENTS INC: 600.00 2011-06 PURCHASE 2014-12   31,893 19,830     12,063  
    GENERAL MILLS INC: 1950.00 2012-11 PURCHASE 2015-01   103,309 79,466     23,843  
    COTY INC-CL A: 961.00 2013-06 PURCHASE 2015-01   12,139 11,054     1,085  
    MEDTRONIC PLC: 2700.00 2013-03 PURCHASE 2015-01   202,811 122,974     79,837  
    BANCO SANTANDER: 0.48 2011-10 PURCHASE 2015-02   3 4     -1  
    PETROBRAS INTERNATIONAL 5.875% 2012-05 PURCHASE 2015-04   230,963 252,520     -21,557  
    GENERAL DYNAMICS CORP: 200.00 2011-09 PURCHASE 2015-06   28,645 11,936     16,709  
    JP MORGAN CHASE & CO: 634.00 1993-09 PURCHASE 2015-06   43,265 14,666     28,599  
    MONDELEZ INTERNATIONAL INC-A: 600.00 2014-05 PURCHASE 2015-06   24,268 22,519     1,749  
    BANK OF AMERICA CORP: 1315.00 2012-06 PURCHASE 2015-06   22,932 9,878     13,054  
    DIAGEO PLC - SPON ADR: 200.00 2012-11 PURCHASE 2015-06   23,483 23,978     -495  
    FIRST REPUBLIC BANK/CA: 600.00 2011-07 PURCHASE 2015-06   38,594 18,841     19,753  
    LENNAR CORP-A: 550.00 2011-11 PURCHASE 2015-06   25,695 9,939     15,756  
    LOWE'S COS INC: 610.00 2009-09 PURCHASE 2015-06   42,244 12,991     29,253  
    LOWE'S COS INC: 500.00 2009-12 PURCHASE 2015-06   34,626 11,305     23,321  
    TIME WARNER INC: 400.00 2012-01 PURCHASE 2015-06   34,855 14,373     20,482  
    WALGREENS BOOTS ALLIANCE: 600.00 2013-01 PURCHASE 2015-06   51,258 23,513     27,745  
    COMCAST CORP 6.500 01/15/15 2009-10 PURCHASE 2015-01   300,000 333,755     -33,755  
    COTY INC-CL-A: 961.00 2013-06 PURCHASE 2015-01   18,316 16,624     1,692  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBEY NATL TREAS 4% 4/27/16    
    AT&T 5.1%14 NOTES DUE    
    COMCAST CORP NEW 6.5%15 NT DUE 01/15    
    PETROBAS INTL 5.875% DUE 03/01/18    
    WELLPOINT 5.25%16 NOTES DUE 01/15/16    
    TIME WARNER CABLE 5%20 DUE 02/01/20 238,325 242,156
    MCKESSON CORPOR 2.284%19 DUE 03/15/1 249,025 249,928
    HEWLETT-PACKARD 2.75%19 DUE 01/14/19 254,553 252,975
    CITIGROUP INC 5.5% 02/15/17 263,640 265,763
    AT&T INC 2.3%19 DUE 03/11/19 300,867 300,983
    BANK OF AMERICA 5.42% 3/15/17 305,901 318,058
    PITNEY BOWES 4.75%18 DUE 05/15/18 308,985 318,251
    GE CAPITAL 5.4%17 BONDS DUE 02/15/17 314,954 320,892
    ACCRUED INTEREST 10,084 10,084

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GENERAL MILLS INC 2700 SHARES    
    HESS CORPORATION 1900 SHARES    
    PROGRESSIVE CORP 3090 SHARES    
    TIME INC 362 SHARES    
    TE CONNECTIVITY LTD 3500 SHARES 58,161 224,000
    PIONEER NATURAL 880 SHARES 58,779 120,894
    LOWES 3400 SHARES 76,877 229,602
    BANK OF AMERICA CORP. 10400 SHARES 78,119 175,656
    FIRST REPUBLIC BANK 2500 SHARES 78,505 157,925
    ECOLAB INC 1133 SHARES 80,957 127,950
    GENERAL DYNAMICS CORP 1400 SHARES 83,554 198,576
    AES CORP 9275 SHARES 88,088 122,059
    HERSHEY COMPANY 1365 SHARES 88,610 119,997
    HALLIBURTON CO 3300 SHARES 91,240 140,877
    JP MORGAN CHASE 2700 SHARES 92,418 181,440
    COTY INC 5600 SHARES 97,021 180,432
    PHILLIPS 66 2600 SHARES 98,565 204,074
    M & T BANK CORPORATION 1250 SHARES 100,300 155,825
    TEXAS INSTRUMENTS 3200 SHARES 105,759 164,864
    LENNAR CORP CLASS A 4600 SHARES 107,079 233,818
    EBAY 3300 SHARES 107,773 195,921
    MITSUBISHI 23700 SHARES 112,006 171,114
    TIME WARNER INC NEW 2800 SHARES 112,970 242,284
    BOK FINANCIAL CORP 1874 SHARES 114,299 130,918
    WALGREEN COMPANY 2700 SHARES 118,587 227,556
    ORACLE CORPORATION 4100 SHARES 118,991 165,722
    ADOBE SYSTEMS INC 2500 SHARES 121,775 203,200
    ABBVIE INC. 3,450 SHARES 123,029 231,771
    DOW CHEMICAL COMPANY 3600 SHARES 128,214 182,844
    DEERE & COMPANY 1530 SHARES 128,259 145,289
    MEDTRONIC INC 3000 SHARES 225,345 219,900
    MARTIN MARIETTA MATRLS 1300 141,069 184,756
    UNILEVER N V NY SHS NEWF 4500 SHARES 146,359 189,360
    EMC CORP MASS 6300 SHARES 149,581 163,737
    OSHKOSH CORP 3150 SHARES 152,342 135,041
    MONDOLEZ INTL INC CL A 4100 SHARES 152,886 167,444
    DIAGEO PLC NEW ADR 1300 SHARES 155,547 151,710
    ILLINOIS TOOL WORKS INC 1904 SHARES 160,580 174,121
    MICROSOFT CORP 4400 SHARES 161,586 195,228
    NATIONAL FUEL GAS CO 2500 SHARES 161,698 148,125
    NOVARTIS AG 1800 SHARES 173,716 177,354
    BANCO SANTANDER 21539 SHARES 177,852 150,773
    ITC HOLDINGS CORP 5150 SHARES 185,566 165,830
    BAXTER INTERNATIONAL INC 3000 SHARES 203,163 211,950
    GENERAL ELECTRIC CO. 6500 SHARES 213,944 173,160

    TY 2014 LandEtcSchedule2
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 152,455 54,206 98,249 153,000
    TENANT IMPROVEMENTS 38,219 16,827 21,392 40,000
    FURNITURE AND EQUIPMENT 4,680 4,462 218 5,000
    LAND 87,750   87,750 155,000


    TY 2014 LegalFeesSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 35,656     35,656


    TY 2014 OtherAssetsSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FINE ART 39,866 39,866 39,866


    TY 2014 OtherExpensesSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE EXPENSE AND EQUIPMENT 22,993     22,993
    HEALTH AND DENTAL INSURANCE 22,161     22,161
    TELEPHONE 3,304     3,304
    INTERNET/DATABASE 2,748     2,748
    UTILITIES 1,998     1,998
    LOT ASSESSMENT 1,715     1,715
    MAINTENANCE EXPENSE 775     775
    WORKERS COMP INSURANCE 669     669
    JANITORIAL 575     575
    POSTAGE 64     64


    TY 2014 OtherIncreasesSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 5,605 6,102


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR FEES 58,060 58,060    
    OTHER PROFESSIONAL FEES 660     660


    TY 2014 TaxesSchedule
    Name:
    DECLARATION OF TRUST OF THE JOSEPH
    AND MARY CACIOPPO FOUNDATION
    EIN: 45-5596626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 10,491     10,491
    FOREIGN TAXES 2,388     2,388
    INCOME TAXES 2,377     2,377
    LICENSES AND FEES 521     521