TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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
THE ANGELO AND MARGARET DIPONIO
FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)14800 FARMINGTON ROAD SUITE 102 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LIVONIA, MI48154

A Employer identification number

38-2828486

B Telephone number (see instructions)

(734) 458-1980

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$4,096,729J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	122		122	122
4	Dividends and interest from securities......	106,502		106,502	106,502
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		286,170
b	Gross sales price for all assets on line 6a 982,597
7	Capital gain net income (from Part IV, line 2)...			1,617
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........	392,794		108,241	106,624
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		12,680	12,680	12,680	12,680
b	Accounting fees (attach schedule).......		2,850	2,850	2,850	2,850
c	Other professional fees (attach schedule)....		46,694	46,694	46,694	46,694
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		327	327	327	327
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		20	20	20	20
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	62,571		62,571	62,571	62,571
25	Contributions, gifts, grants paid........	311,700				311,700
26	Total expenses and disbursements. Add lines 24 and 25	374,271		62,571	62,571	374,271
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	18,523
b	Net investment income (if negative, enter -0-)			45,670
c	Adjusted net income (if negative, enter -0-)...				44,053

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	224,870	197,643	197,643
	2	Savings and temporary cash investments..........	332,982	176,823	176,823
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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)........	2,465,213	2,508,432	2,508,432
	c	Investments—corporate bonds (attach schedule)........	494,518	349,463	349,463
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	991,064	862,771	862,771
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	1,597	1,597	1,597
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,510,244	4,096,729	4,096,729
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................	4,510,244	4,096,729
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		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)......	4,510,244	4,096,729
	31	Total liabilities and net assets/fund balances (see instructions)..	4,510,244	4,096,729

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	4,510,244
2	Enter amount from Part I, line 27a.....................	2	18,523
3	Other increases not included in line 2 (itemize)	3	-432,038
4	Add lines 1, 2, and 3..........................	4	4,096,729
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	4,096,729

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
(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)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,617
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 . . . . . . . . . . . . . . . .		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? Yes No

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	311,779	4,413,804	0.070637
2012	317,857	4,211,279	0.075478
2011	149,063	3,949,402	0.037743
2010	43,873	3,792,207	0.011569
2009	61,546	3,519,275	0.017488

2	Total of line 1, column (d) ......................	2	0.212915
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	0.042583
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	4,237,362
5	Multiply line 4 by line 3.......................	5	180,440
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	457
7	Add lines 5 and 6.........................	7	180,897
8	Enter qualifying distributions from Part XII, line 4..............	8	374,271
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	457
	hereand 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	457
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	457
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	1,189
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,189
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	732
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax732	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

CHARLES E BIETLER Telephone no. bullet

(734) 458-1980

Located at bullet

14800 FARMINGTON RD STE 102LIVONIAMI ZIP+4 bullet

48154

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
MARGARET E DIPONIO	DIRECTOR 5.00	0	0	0
5155 CURTIS PLYMOUTH,MI48170	DIRECTOR 5.00	0	0	0
RALPH H HOUGHTON JR	DIRECTOR 5.00	0	0	0
2432 BIRCHVIEW KEWADIN,MI49648	DIRECTOR 5.00	0	0	0
CHARLES E BIETLER	DIRECTOR 10.00	0	0	0
14800 FARMINGTON ROAD LIVONIA,MI48154	DIRECTOR 10.00	0	0	0

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...................

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............. 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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

3,835,731

Average of monthly cash balances.......................

466,159

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

4,301,890

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

4,301,890

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

64,528

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

4,237,362

Minimum investment return. Enter 5% of line 5..................

211,868

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

211,868

Tax on investment income for 2014 from Part VI, line 5......

457

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

457

Distributable amount before adjustments. Subtract line 2c from line 1............

211,411

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

211,411

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

211,411

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

374,271

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

374,271

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).................

457

Adjusted qualifying distributions. Subtract line 5 from line 4..............

373,814

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)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7			211,411
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.......	77,911
e From 2013.......	91,905
fTotal of lines 3a through e.........		169,816
4Qualifying distributions for 2014 from Part
XII, line 4: $ 374,271
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.....			211,411
e Remaining amount distributed out of corpus		162,860
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		332,676
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 ......		332,676
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....	77,911
d Excess from 2013....	91,905
e Excess from 2014....	162,860

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

MARGARET E DIPONIO

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

CHARLES E BIETLER
14800 FARMINGTON ROAD
LIVONIA,MI48154
(734) 458-1980

bThe form in which applications should be submitted and information and materials they should include:

REQUESTS SHOULD CONTAIN SUFFICIENT INFORMATION TO DEMONSTRATE THAT THE REQUESTING ORGANIZATION IS QUALIFIED TO RECEIVE FUNDS FROM THE FOUNDATION (SEE SUBSECTION (D) BELOW), AND A SHORT AND PLAIN STATEMENT OF THE BASIS FOR THE REQUEST.

cAny submission deadlines:

N/A

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

THE FOUNDATION'S ARTICLES OF INCORPORATION LIMIT GRANTS TO SECTION 501(C)(3) ORGANIZATIONS OPERATING WITHIN THE STATE OF MICHIGAN, SUCH AS INSTITUTIONS OF HIGHER LEARNING, ORGANIZATIONS CONDUCTING MEDICAL RESEARCH OR PROVIDING MEDICAL ASSISTANCE OR TREATMENT, ORGANIZATIONS PROVIDING ASSISTANCE FOR PERSONS TEMPORARILY OUT OF WORK OR HOMELESS, OR OTHER CHARITABLE ORGANIZATIONS.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ARC OF NORTHWEST WAYNE CO 26049 FIVE MILE ROAD REDFORD,MI48239		501(C)(3)	CAMPAIGN	500
THE SALVATION ARMY 3737 LAWTON STREET DETROIT,MI48208		501(C)3	CAMPAIGN	1,000
PLYMOUTH GOODFELLOWS PO BOX 700912 PLYMOUTH,MI48170		501 (C) 3	CAMPAIGN	500
MAKE A WISH FOUNDATION 4707 ST ANTOINE DETROIT,MI48201		501(C)(3)	CAMPAIGN	1,500
THERAPEUTIC RIDING INC 3425 E MORGAN ROAD ANN ARBOR,MI48108		501(C)(3)	CAMPAIGN	1,000
ANGELA HOSPICE 14100 NEWBURGH ROAD LIVONIA,MI48154		501(C)(3)	CAMPAIGN	5,000
ST VINCENT DE PAUL 3000 GRATIOT DETROIT,MI48207		501(C)(3)	CAMPAIGN	1,200
LEADER DOG FOR THE BLIND 1039 S ROCHESTER ROAD ROCHESTER HILLS,MI48307		501(C)(3)	CAMPAIGN	2,500
SCHOOLCRAFT COLLEGE FOUNDATION 18600 HAGGERTY ROAD LIVONIA,MI48152		501(C)(3)	CAMPAIGN	6,000
DETROIT PUBLIC TELEVISION 1 CLOVER COURT WIXOM,MI48393		501(C)(3)	CAMPAIGN	5,000
WASHTENAW COMMUNITY COLLEGE 4800 E HURON RIVER DRIVE ANN ARBOR,MI48105		501(C)(3)	CAMPAIGN	25,000
MUTIPLE SCLEROSIS SOCIETY MICHIGA 21311 CIVIC CENTER DRIVE SOUTHFIELD,MI48076		501(C)(3)	CAMPAIGN	5,000
NORTHFIELD HUMAN SERVICES 10 JENNINGS ROAD WHITMORE LAKE,MI48189		501(C)(3)	CAMPAIGN	500
BARBARA ANN KARMANOS 4100 JOHN R DETROIT,MI48201		501(C)(3)	CAMPAIGN	5,000
GLEANERS FOOD BANK 2131 BEAUFAIT DETROIT,MI48207		501(C)(3)	CAMPAIGN	2,000
REGENTS OF UNIVERSITY OF MICHIGAN 500 S STATE STREET ANN ARBOR,MI48109		501(C)(3)	CAMPAIGN	250,000
Total ................................. 3a				311,700

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	122
4 Dividends and interest from securities....			14	106,502
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 .............					286,170
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)..				106,624	286,170

13Total. Add line 12, columns (b), (d), and (e)..................

13392,794

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 AccountingFeesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
DONALD RADABAUGH ASSOCIATES	2,850	2,850	2,850	2,850

- TIN:

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

TY 2014 GainLossSaleOtherAssetsSch

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
BROADRIDGE FINANCIAL	2013-01	PURCHASE	2015-10	17,487	7,215	10,272
LINDSAY CORP	2014-01	PURCHASE	2015-10	9,786	11,296	-1,510
STRUM RUGER & CO	2014-09	PURCHASE	2015-10	16,332	15,033	1,299
AGL RESOURCES INC	2014-01	PURCHASE	2015-10	13,478	9,080	4,398
LORD ABB	2014-06	PURCHASE	2015-10	130,000	135,342	-5,342
KRAFT HEINZ	2014-06	PURCHASE	2015-09	11,730	6,053	5,677
KIMBERLY CLARK	2014-05	PURCHASE	2015-09	20,220	12,188	8,032
WASTE MANAGEMENT INC	2014-03	PURCHASE	2015-08	36,959	26,039	10,920
AVERY DENNISON CORP	2014-12	PURCHASE	2015-07	7,915	6,207	1,708
AVERY DENNISON CORP	2013-01	PURCHASE	2015-07	950	538	412
SOCUEDAD QUIMICA SER B	2014-02	PURCHASE	2015-07	14,704	31,964	-17,260
SOCIEDAD QUIMICA SER B	2015-01	PURCHASE	2015-07	2,708	4,366	-1,658
SOCIEDAD QUIICA SER B	2014-03	PURCHASE	2015-07	4,688	9,070	-4,382
KRAFT FOODS	2015-06	PURCHASE	2015-07	2,496	2,449	47
KRAFT FOODS	2014-01	PURCHASE	2015-07	6,230	4,019	2,211
VARIAN MED SYS	2014-01	PURCHASE	2015-06	16,025	14,408	1,617
AETNA INC NEW	2007-12	PURCHASE	2015-06	28,756	13,453	15,303
ALTRIA GROUP	2007-12	PURCHASE	2015-06	9,022	4,334	4,688
AMERIPRISE FINL	2012-01	PURCHASE	2015-06	16,322	5,167	11,155
BERKSHIRE HATHAWAY	2007-12	PURCHASE	2015-06	30,107	14,297	15,810
CIGNA CORP	2013-06	PURCHASE	2015-06	53,546	18,384	35,162
CHEVRON CORP	2007-12	PURCHASE	2015-06	13,039	11,928	1,111
DOW CHEMICAL CO	2007-12	PURCHASE	2015-06	15,533	12,064	3,469
EATON CORP	2012-12	PURCHASE	2015-06	924	672	252
GENERAL ELECTRIC COMPANY	2007-12	PURCHASE	2015-06	1,888	2,576	-688
GENL MILLS INC	2007-12	PURCHASE	2015-06	5,206	2,752	2,454
HONEYWELL INTL	2007-12	PURCHASE	2015-06	23,769	12,989	10,780
KIMBERLY CLARK CORP	2007-12	PURCHASE	2015-06	10,928	6,668	4,260
LOCKHEED MARTIN CORP	2007-12	PURCHASE	2015-06	5,999	3,372	2,627
MICROSOFT CORP	2015-12	PURCHASE	2015-06	1,775	1,624	151
ORACLE CORP	2015-05	PURCHASE	2015-06	427	432	-5
PHILIP MORRIS INTL	2007-12	PURCHASE	2015-06	583	380	203
PHILLIPS 66	2007-12	PURCHASE	2015-06	3,931	1,869	2,062
TARGET CORP	2007-12	PURCHASE	2015-06	9,145	5,839	3,306
3M COMPANY	2007-12	PURCHASE	2015-06	29,899	16,318	13,581
WELLS FARGO & CO NEW	2007-12	PURCHASE	2015-06	4,272	15,092	-10,820
CIMAREX ENERGY CO	2007-12	PURCHASE	2015-05	24,050	11,630	12,420
MKS INSTRUMENTS	2013-01	PURCHASE	2015-05	7,880	6,077	1,803
PATTERSON COMPANIES INC	2013-01	PURCHASE	2015-05	47,688	27,595	20,093
CLOROX COMPANY	2013-01	PURCHASE	2015-05	13,044	8,007	5,037
GENPACT LTD	2014-06	PURCHASE	2015-04	6,094	4,544	1,550
GENPACT LTD	2014-03	PURCHASE	2015-04	7,934	6,005	1,929
FORWARD AIR CORP	2012-06	PURCHASE	2015-03	7,757	4,508	3,249
CONOCCOPHILLIPS	2007-12	PURCHASE	2015-03	14,019	14,761	-742
HANGER INC	2014-04	PURCHASE	2015-02	9,206	13,280	-4,074
BRUNSWICK CORP	2007-12	PURCHASE	2015-02	50,483	17,641	32,842
CLOROX CO	2014-06	PURCHASE	2015-02	979	812	167
CLOROX CO	2012-04	PURCHASE	2015-02	19,699	11,906	7,793
ENERGIZER HLDGS	2011-09	PURCHASE	2015-02	28,932	12,430	16,502
HARTFORD FINL	2010-10	PURCHASE	2015-02	15,183	4,391	10,792
TEXITRON INC	2009-02	PURCHASE	2015-02	34,923	40,652	-5,729
CARLISLE COMPANIES INC	2009-02	PURCHASE	2015-01	16,440	7,730	8,710
CINTAS CORP	2010-03	PURCHASE	2015-01	21,587	6,318	15,269
INNOPHOS HOLDINGS INC	2012-09	PURCHASE	2014-12	13,028	11,962	1,066
ARROW ELECTRONICS	2013-01	PURCHASE	2014-11	17,554	12,037	5,517
BROADRIDGE FINANCIAL	2013-01	PURCHASE	2014-11	11,813	7,443	4,370
CINTAS CORP	2011-04	PURCHASE	2014-11	10,392	5,505	4,887
DUN & BRADSTREET	2013-01	PURCHASE	2014-11	11,120	7,292	3,828
KIRBY CORP	2009-05	PURCHASE	2014-11	13,012	7,608	5,404
HALYARD HEALTH	2007-12	PURCHASE	2014-11	24	14	10
HALYARD HEALTH	2007-12	PURCHASE	2014-11	1,360	802	558

- TIN:

TY 2014 InvestmentsCorpBondsSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Name of Bond	End of Year Book Value	End of Year Fair Market Value
LORD ABBETT SHORT DURATION	349,463	349,463

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M COMPANY - 177 SHS	27,826	27,826
ABBOTT LABORATORIES-590 SHS	26,432	26,432
ABBVIE INC.- 410 SHS.	24,416	24,416
ACE LTD- 326 SH	37,014	37,014
ACCENTURE PLC - 286 SH	30,659	30,659
AETNA INC NEW-224 SHS	25,711	25,711
AGL RESOURCES INC-215 SHS	13,438	13,438
ALTRIA GROUP INC-572 SHS	34,589	34,589
ALLSCRIPTS HEALTH CARE -1095 SH	15,396	15,396
AMERICAN EXPRESS CO-605 SHS	44,322	44,322
AMERIPRISE FINANCIAL INC-216 SHS	24,918	24,918
AMGEN INC - 178 SH	28,156	28,156
ANIXTER INTL INC-515 SHS	35,319	35,319
APPLE INC - 290 SH	34,655	34,655
APPLIED INDUSTRIAL TECH INC 755 SH	31,189	31,189
ARMSTRONG WORLD IND. INC NEW-555 SHS	27,539	27,539
ARROW ELECTRONICS, INC-595 SHS	32,719	32,719
AVERY DENNISON CORP-700 SHS	45,479	45,479
BANK OF AMERICA CORP -1920 SHS	32,218	32,218
BERKLEY W R CORP-755 SHS	42,152	42,152
BERKSHIRE HATHAWAY IN DE CL B -198 S	26,932	26,932
BERKSHIRE HATHAWAY, INC-409 SHS	54,516	54,516
BROADRIDGE FINL SOLUTION-1,915 SHS
BRUNSWICK CORP- 927 SHS
CABLE ONE INC- 57 SH	24,706	24,706
CARLISLE COMPANIES INC 145 SHS	12,615	12,615
CASH AMERICA - 790 SH	27,279	27,279
CATERPILLAR INC-398 SHS	29,050	29,050
CHEVRON CORP-209 SHS	18,994	18,994
CIGNA CORP-89 SHS	11,930	11,930
CIMAREX ENERGY COMPANY-385/205 SHS
CINTAS CORP-710/425 SHS
CITIGROUP INC NEW 584 SHS	31,051	31,051
CLOROX COMPANY-304/313 SHS
COMPASS MNRLS INTL INC-345 SHS	28,028	28,028
CONOCOPHILLIPS-220 SHS	11,737	11,737
CULLEN FROST BANKERS INC-560 SHS	38,326	38,326
CVS HEALTH CORP - 201 SH	19,855	19,855
DONALDSON COMPANY INC -860 SH	25,972	25,972
DOW CHEMICAL CO-260 SHS	13,434	13,434
DUN & BRADSTREET-150 SHS	17,081	17,081
DUKE ENERGY CORP NEW-285 SHS	20,369	20,369
EATON CORP-592 SHS	33,099	33,099
EMERSON ELECTRIC COMPANY-595 SHS	28,102	28,102
ENERGIZER HLDGS INC-212 SHS
ESTERLINE TECHNOLOGIES - 400 SH	30,820	30,820
FIRST CASH FINANCIAL SERVICES - 505	19,266	19,266
FLIR SYSTEMS INC-1155 SHS	30,804	30,804
FORWARD AIR CORP-145 SHS
FULLER H B COMPANY-790/1160 SHS	44,068	44,068
GENERAL ELECTRIC CO-1,527 SHS	44,161	44,161
GENERAL MILLS INC- 502SHS	29,171	29,171
GENPACT LTD-2325 SHS	57,614	57,614
GRAHAM HOLDINGS COMPANY-40 SHS	22,099	22,099
GREENLIGHT CAPITAL-880 SHS	19,325	19,325
HANGER INC-385 SHS
HARTFORD FINCL SVCS GRP-620/374 SHS
HARLEY DAVIDSON - 245 SH	12,115	12,115
HONEYWELL INTL INC-266 SHS	27,472	27,472
INNOPHOS HOLDINGS INC-397/237 SHS
INTEL CORP- 869 SH	29,427	29,427
INTERPUBLIC GROUP CO. INC.-2275 SHS	52,166	52,166
KENNAMETAL INC-590 SHS	16,591	16,591
KIMBERLY-CLARK CORP-340/293 SHS
KIRBY CORP-430 SHS	28,075	28,075
KRAFT FOOD GRP INC 134 SHS
LINDSAY CORP-180 SHS	12,200	12,200
LOCKHEED MARTIN CORP-218 SHS	47,923	47,923
MANPOWER GROUP INC - 450 SH	41,301	41,301
MERCK & COMPANY - 479 SH	26,182	26,182
METLIFE - 527 SH	26,550	26,550
MICROSOFT CORP - 604 SH	31,795	31,795
MKS INSTRUMENTS INC-550 SHS	19,382	19,382
MONDELEZ INTERNATIONAL INC 680 SHS	31,389	31,389
MSC INDUSTRIAL DIRECT CL A-500 SHS	31,385	31,385
NATIONAL OILWELL VARCO 710 SH	26,724	26,724
NORFOLK SOUTHERN CORP-151 SHS	12,085	12,085
NVR INC-23 SHS	37,668	37,668
ORACLE CORP 464 SH	18,022	18,022
OWENS & MINOR INC-620 SHS
PARKER-HANNIFIN CORP 130 SH	13,611	13,611
PATTERSON COMPANIES INC-1,005 SHS
PEPSICO INC-295 SHS	30,146	30,146
PHILLIP MORRIS INTL INC-424 SHS	37,482	37,482
PHILLIPS 66-176 SHS	15,673	15,673
PLUM CREEK TIMBER CO INC-501 SHS	20,411	20,411
PROGRESS SOFTWARE CORP.-860 SHS	20,881	20,881
PRUDENTIAL FINANCIAL INC-389 SHS	32,093	32,093
PUBLIC SERVICE ENTERPRISE-514 SH	21,223	21,223
QUALCOMM INC - 417 SH	24,778	24,778
ROBERT HALF INTL INC-405 SHS	21,327	21,327
ROYAL DUTCH SHELL PLC-714 SHS	37,456	37,456
RPX CORP-1895 SHS	26,985	26,985
RYDER SYSTEM INC-610/310 SHS	22,252	22,252
SCANSOURCE INC-765 SHS	26,400	26,400
SCHLUMBERGER LTD-155 SHS	12,115	12,115
SOCIEDAD QUIMICA-1,140/1350 SHS
SPECTRA ENERGY CORP-630 SHS	17,990	17,990
STRUM RUGER & CO INC-285 SHS
TARGET CORP-423 SHS	32,647	32,647
TEXTRON INC-809 SHS
TRIMAS CORP - 855 SH	17,109	17,109
UNIFIRST CORP-195 SHS	20,489	20,489
VALMONT INDUSTRIES INC-180 SHS	19,519	19,519
VARIAN MEDICAL SYSTEMS-320 SHS.	25,130	25,130
WASTE MANAGEMENT INC-634 SHS
WELLS FARGO & CO NEW-485 SHS	26,258	26,258
WOODWARD INC-1020 SHS	46,410	46,410
ZIONS BANCORPORATION-940 SHS	27,044	27,044

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
PIMCO ALL ASSET CL A	FMV	862,771	862,771

- TIN:

TY 2014 LegalFeesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
RALPH H. HOUGHTON, JR.	12,680	12,680	12,680	12,680

- TIN:

TY 2014 OtherAssetsSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
PREPAID FEDERAL INCOME TAXES	1,597	1,597	1,597

- TIN:

TY 2014 OtherExpensesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
ANNUAL FILING FEE	20	20	20	20

- TIN:

TY 2014 OtherIncreasesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Description	Amount

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ROBERT W. BAIRD & CO., INC.	46,694	46,694	46,694	46,694

- TIN:

TY 2014 TaxesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN: 38-2828486

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES ON DIVIDENDS	327	327	327	327