Form990-PF
Click to see attachment

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
JANET H & C HARRY KNOWLES FOUNDATIONINC
A/K/A KNOWLES SCIENCE TEACHING FD INC

Number and street (or P.O. box number if mail is not delivered to street address)1000 NORTH CHURCH STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MOORESTOWN, NJ08057
A Employer identification number

01-0485964
B Telephone number (see instructions)

(856) 608-0001
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$74,760,012J Accounting method:
 
(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).............. 423,951
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 590,540 590,540 590,540
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 509,167
b Gross sales price for all assets on line 6a 11,132,915
7 Capital gain net income (from Part IV, line 2)... 509,167
8 Net short-term capital gain......... 0
9 Income modifications........... 2,000
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,650 3,650 3,650
12 Total. Add lines 1 through 11........ 1,527,308 1,103,357 596,190
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 434,005 0 0 434,005
14 Other employee salaries and wages...... 2,473,902 0 0 2,432,617
15 Pension plans, employee benefits....... 210,970 0 0 210,970
16a Legal fees (attach schedule)......... Click to see attachment 23,034 0 0 38,034
b Accounting fees (attach schedule)....... Click to see attachment 30,504 9,500 9,500 33,904
c Other professional fees (attach schedule).... Click to see attachment 1,034,541 527,819 527,819 500,079
17 Interest............... 60,712 0 0 60,712
18 Taxes (attach schedule) (see instructions)... Click to see attachment 46,199 0 0 46,199
19 Depreciation (attach schedule) and depletion... 188,213 0 0
20 Occupancy.............. 139,145 0 0 135,868
21 Travel, conferences, and meetings....... 1,137,241 0 0 1,106,134
22 Printing and publications.......... 16,785 0 0 16,785
23 Other expenses (attach schedule)....... Click to see attachment 201,063 8,517 8,517 177,601
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,996,314 545,836 545,836 5,192,908
25 Contributions, gifts, grants paid........ 972,137 974,137
26 Total expenses and disbursements. Add lines 24 and 25 6,968,451 545,836 545,836 6,167,045
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,441,143
b Net investment income (if negative, enter -0-) 557,521
c Adjusted net income (if negative, enter -0-)... 50,354
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............... 1,524,689 750,533 750,533
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet6,497
Less: allowance for doubtful accounts bullet   15,540 6,497 6,497
4 Pledges receivable bullet7,093,028
Less: allowance for doubtful accounts bullet   7,181,706 7,093,028 7,093,028
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........... 45,196 278,386 278,386
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 9,235,733 Click to see attachment985,347 985,347
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 53,587,549 Click to see attachment62,814,419 62,814,419
14 Land, buildings, and equipment: basis bullet4,134,159
Less: accumulated depreciation (attach schedule) bullet1,338,366 2,171,985 2,795,793 2,795,793
15 Other assets (describe bullet) Click to see attachment45,125 Click to see attachment36,009 Click to see attachment36,009
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 73,807,523 74,760,012 74,760,012
Liabilities 17 Accounts payable and accrued expenses.......... 291,783 490,904
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   641,586
22 Other liabilities (describe bullet) Click to see attachment2,186,357 Click to see attachment3,675,975
23 Total liabilities (add lines 17 through 22).......... 2,478,140 4,808,465
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 64,147,677 62,858,518
25 Temporarily restricted................ 7,181,706 7,093,029
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)...... 71,329,383 69,951,547
31 Total liabilities and net assets/fund balances (see instructions).. 73,807,523 74,760,012
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 71,329,383
2 Enter amount from Part I, line 27a..................... 2 -5,441,143
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 4,063,307
4 Add lines 1, 2, and 3.......................... 4 69,951,547
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 69,951,547
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.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
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 10,777,794   10,623,748 154,046
b 355,121     355,121
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       154,046
b       355,121
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 2 509,167
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 0
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 6,431,138 69,751,158 0.092201
2012 6,714,990 68,986,450 0.097338
2011 7,837,538 71,845,084 0.109089
2010 5,362,868 72,561,133 0.073908
2009 4,895,066 62,334,380 0.078529
2 Total of line 1, column (d) ...................... 2 0.451065
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 0.090213
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 63,901,120
5 Multiply line 4 by line 3....................... 5 5,764,712
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,575
7 Add lines 5 and 6......................... 7 5,770,287
8 Enter qualifying distributions from Part XII, line 4.............. 8 6,167,045
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 5,575
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,575
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,575
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 11,500
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 11,500
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 43
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 5,882
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet5,882 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
Yes
 
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)
    bulletNJ
    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
    Yes
     
    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 addressbulletWWW.KSTF.ORG
    14
    The books are in care ofbulletSTEPHANIE HOLM DIRECTOR OPERATION Telephone no.bullet (856) 840-8267
    Located atbullet1000 NORTH CHURCH STREETMOORESTOWNNJ ZIP+4bullet08057
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 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
    C HARRY KNOWLES CHAIRMAN
    5.00     		0 0 0
    316 E MAPLE AVE
    MOORESTOWN,NJ08057
    JANET KNOWLES SECRETARY
    5.00     		0 0 0
    425 EAST LINDEN STREET
    MOORESTOWN,NJ08057
    DR PAUL KUERBIS TRUSTEE
    5.00     		0 0 0
    335 SOUTHFIELD RD
    COLORADO SPRINGS,CO80919
    SCOTT MCVAY TRUSTEE
    5.00     		0 0 0
    4566 PROVIDENCE LINE ROAD
    PRINCETON,NJ08540
    WILLIAM RULON-MILLER PRESIDENT AND TREASURER
    40.00     		204,005 10,716 0
    2105 PINE STREET
    PHILADELPHIA,PA19103
    LAWRENCE TINT TRUSTEE
    5.00     		0 0 0
    123 SUGARLOAF DRIVE
    TIBURON,CA94920
    DR EDWARD D VINER TRUSTEE
    5.00     		0 0 0
    1633 MONTGOMERY AVE
    VILLANOVA,PA19085
    DR SUZANNE M WILSON TRUSTEE
    5.00     		0 0 0
    147 PLAINS ROAD
    WINDHAM,CT06280
    DR LUCY BALIAN RORKE-ADAMS TRUSTEE
    5.00     		0 0 0
    316 E MAPLE AVE
    MOORESTOWN,NJ08057
    DR NICOLE GILLESPIE EXECUTIVE DIRECTOR, TRUSTEE
    40.00     		230,000 11,635 0
    2110N COLONIAL RIDGE
    MOORESTOWN,NJ08057
    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
    JEFFREY ROZELLE DIRECTOR OF TEACHING
    40.00     		150,006 19,808 0
    8 W CLOSE DRIVE
    MOORESTOWN,NJ08057
    STEPHANIE HOLM DIRECTOR OF OPERATIO
    40.00     		159,692 4,609 0
    504 RAMBLESIDE COURT
    MULLICA HILL,NJ08062
    JODIE GALOSY DIRECTOR OF RESEARCH
    40.00     		148,111 15,174 0
    106 HELEN DRIVE
    CINNAMINSON,NJ08077
    JENNIFER MOSSGROVE SR PROG OFFICER, TEA
    40.00     		119,429 17,267 0
    914 MORGAN AVENUE
    PALMYRA,NJ08065
    DINA PORTNOY DIRECTOR SENIOR FELL
    40.00     		121,733 8,734 0
    5012 PULASKI AVENUE
    PHILADELPHIA,PA19144
    Total number of other employees paid over $50,000...................bullet 15
    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
    DUARTE INC PROFESSIONAL AND PROGRAM DEVELOPMENT 87,622
    755 N MARY AVENUE
    SUNNYVALE,CA94085
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SEE ATTACHED STATEMENT 6,118,846
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    23,110,896
    b
    Average of monthly cash balances.......................
    1b
    2,599,756
    c
    Fair market value of all other assets (see instructions)................
    1c
    39,163,582
    d
    Total (add lines 1a, b, and c).........................
    1d
    64,874,234
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    64,874,234
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    973,114
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    63,901,120
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,195,056
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
     
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    6,167,045
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,167,045
    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
    5,575
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,161,470
    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  
    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.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$  
    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.....  
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		 
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    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
    2004-03-01
    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
    50,354 415,972 5,501 96,203 568,030
    b 85% of line 2a ......... 42,801 353,576 4,676 81,773 482,826
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		6,167,045 6,442,541 6,716,167 7,838,386 27,164,139
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		6,167,045 6,442,541 6,716,167 7,838,386 27,164,139
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		2,130,037 2,325,039 2,299,549 2,394,836 9,149,461
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    C HARRY KNOWLES
    JANET KNOWLES
    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:
    NICOLE GILLESPIE
    1000 N CHURCH STREET
    MOORESTOWN,NJ08057
    (856) 608-0001
    bThe form in which applications should be submitted and information and materials they should include:
    ALL THE INFORMATION FOR THE SUBMISSION OF APPLICATIONS IS LOCATED ON THE FOUNDATION'S WEBSITE AT WWW.KSTF.ORG. APPLICATIONS ARE ONLY ACCEPTED USING THE ONLINE APPLICATION. INFORMATIONAL MATERIAL IS ALSO LOCATED ON THE FOUNDATION'S WEBSITE.
    cAny submission deadlines:
    THE INFORMATION FOR THE DEADLINES FOR THE SUBMISSION OF APPLICATIONS IS LOCATED ON THE WEBSITE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ALL INFORMATION REGARDING RESTRICTIONS OR LIMITATIONS THAT APPLY TO THE AWARDING OF FELLOWSHIPS MAY BE FOUND AT THE FOUNDATION'S WEBSITE AT WWW.KSTF.ORG.
    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
    ASHLEY CARLINO
    386 ANGELL ROAD
    LINCOLN,RI02865     		NONE I SUMMER STIPENDS AND PD GRANTS 3,892
    CHRIS ANDERSON
    7667 COTTONWOOD
    RICHLAND,MI49083     		NONE I SUMMER STIPENDS AND PD GRANTS 4,747
    LAURA ARNOLD
    1721 BLOSSOM ROAD
    ROCHESTER,NY14610     		NONE I SUMMER STIPENDS AND PD GRANTS 5,973
    KIRSTEN WALDROP
    1231 OXFORD STREET 2
    HOUSTON,TX77008     		NONE I SUMMER STIPENDS AND PD GRANTS 3,925
    BRIANNA BALKE
    95 CARRINGTON AVE
    PROVIDENCE,RI02906     		NONE I SUMMER STIPENDS, MATERIALS GRANTS, AND PD GRANTS 9,147
    BRITTNEY STEFANIC (BARICKMAN)
    827 SPRING VALLEY PARKWAY
    SPRING CREEK,NV89815     		NONE I SUMMER STIPENDS AND PD GRANTS 7,250
    RICK BARLOW
    550 UNIVERSITY AVENUE
    SAN JOSE,CA95110     		NONE I SUMMER STIPENDS AND PD GRANTS 5,763
    LIZ BEANS
    824 10TH AVE
    REDWOOD CITY,CA94063     		NONE I SUMMER STIPENDS AND PD GRANTS 6,051
    CARRIE BEATTIE
    2175 GLENCOE HILLS DRIVE 1
    ANN ARBOR,MI48108     		NONE I SUMMER STIPENDS 3,600
    BEVERLY STUCKWISCH
    1187 WIMBELDON BLVD
    COLUMBUS,OH43228     		NONE I SUMMER STIPENDS, RECRUITING STIPENDS, PD GRANTS 5,901
    SARAH BERGER
    1805 TRAILSIDE CIRCLE
    CONCORD,CA94518     		NONE I SUMMER STIPENDS 4,800
    SARAH BERRY
    2621 ENCINAL AVENUE
    ALAMEDA,CA94501     		NONE I SUMMER STIPENDS, PD GRANTS 2,576
    JESSICA BROUSSARD
    6416 W 86TH PLACE
    LOS ANGELES,CA90045     		NONE I PD GRANTS 201
    KYA BROWN
    1667 BLOOMFIELD PLACE DRIVE APT 433
    BLOOMFIELD HILLS,MI48302     		NONE I SUMMER STIPENDS, PD GRANTS 6,682
    CAMDEN HANZLICK-BURTON
    5720 MARTWAY STREET APT 302
    MISSION,KS66202     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIAL GRANTS 11,834
    IAN CALDWELL
    27897 PINE DRIVE
    EVERGREEN,CO80439     		NONE I SUMMER STIPENDS, PD GRANTS, LEADERSHIP GRANTS 6,233
    MEGAN FRETZ
    3205 CARBON PLACE
    BOULDER,CO80303     		NONE I SUMMER STIPENDS, PD GRANTS 5,878
    ANDREA RAGGI
    2505C SIDNEY STREET
    PITTSBURGH,PA15203     		NONE I SUMMER STIPENDS 3,600
    ADRIAN CHENG
    260 PETTIS AVENUE APT 3
    MOUNTAIN VIEW,CA94041     		NONE I SUMMER STIPENDS, PD GRANTS 4,270
    MARY CHIN
    4041 E DELTA CIRCLE
    MESA,AZ85206     		NONE I SUMMER STIPENDS, MATERIAL GRANTS 4,619
    CADY CHING
    861 CAMBRIDGE AVENUE
    MENLO PARK,CA94025     		NONE I SUMMER STIPENDS, MATERIALS GRANTS, PD GRANTS 9,151
    TIM CIAMPA
    4 OLD FORGE ROAD
    QUEENSBURY,NY12804     		NONE I SUMMER STIPENDS, PD GRANTS 6,989
    LATOYA CLAY
    3909 TYLER BLUFF LANE
    RALEIGH,NC27616     		NONE I SUMMER STIPENDS, PD GRANTS 4,332
    CATHY COHN
    300 31ST AVE
    SAN MATEO,CA94403     		NONE I SUMMER STIPENDS, MATERIALS GRANTS 4,284
    KELLY CRIDER
    406 CANAL VIEW WAY APT 1
    INDIANAPOLIS,IN46202     		NONE I SUMMER STIPENDS, RECRUITING STIPENDS, SPECIAL INTEREST GROUPS 3,707
    LAURA DARNALL
    137 BROOKVIEW CIRCLE
    GOODLETTSVILLE,TN37072     		NONE I SUMMER STIPENDS, PD GRANTS 4,563
    KD DAVENPORT
    425 WADSWORTH AVENUE
    PHILADELPHIA,PA19119     		NONE I SUMMER STIPENDS 3,600
    ANDRIA PING
    2676 E 138TH AVE
    THORNTON,CO80602     		NONE I SUMMER STIPENDS, MATERIALS GRANTS 6,119
    CLARISSA TOUPIN
    5433 W DOAMA AVENUE
    GLENDALE,AZ85302     		NONE I SUMMER STIPENDS 3,600
    VICKIE DO
    888 MAIN STREET APT 323
    NEW YORK,NY10044     		NONE I SUMMER STIPENDS 2,400
    NATALIE DUTROW
    2358 FISHER LANE
    SALT LAKE CITY,UT84109     		NONE I SUMMER STIPENDS, MATERIALS GRANTS, PD GRANTS 8,396
    REBECCA SELLECK
    1890 ANNWICKS DRIVE
    MARIETTA,GA30062     		NONE I SUMMER STIPENDS, PD GRANTS 9,505
    CLAIRE FASSIO
    229 EAST 8355 SOUTH
    SANDY,UT84070     		NONE I SUMMER STIPENDS 3,600
    NICOLE FERNANDES
    407 THAYER PLACE
    SILVER SPRING,MD20910     		NONE I SUMMER STIPENDS, TUITION, PD GRANTS 3,999
    KATRINA STERN
    1090 REED AVE APT 3
    SUNNYVALE,CA94086     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 8,538
    CARISSA FILICE
    7600 WREN AVE
    GILROWY,CA95020     		NONE I SUMMER STIPENDS 3,600
    BRITTANY FRANCKOWIAK
    14052 CHESTNUT CT
    LAUREL,MD20707     		NONE I SUMMER STIPENDS, PD GRANTS 7,903
    SAMANTHA FREIBERG
    3215 COSBY PLACE
    CHARLOTTE,NC28205     		NONE I SUMMER STIPENDS, SPECIAL INTEREST GROUPS, RECRUITING STIPENDS, PD GRANTS 4,468
    KRISTIN FREW
    1218 19TH STREET
    AURORA,NE68818     		NONE I SUMMER STIPENDS, PD GRANTS 4,473
    PAULA GENTILE
    734 BELL COVE CT
    BELLEVILLE,MI48111     		NONE I SUMMER STIPENDS, MATERIALS GRANTS 3,694
    KRISTIN GERMINARIO
    5 FOREST DRIVE
    SUCCASUNNA,NJ07876     		NONE I SUMMER STIPENDS, PD GRANTS 5,325
    JENNY GOETZ
    1501 MAYFLOWER DRIVE
    NORTHFIELD,MN55057     		NONE I SUMMER STIPENDS, PD GRANTS 7,026
    BEN GRAVES
    1925 FOREST WAY
    DELTA,CO81416     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 8,693
    MEGAN GRUPE
    3716 VERMONT STREET
    SAN DIEGO,CA92103     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 6,647
    SEAN HAGGERTY
    8707 E FLORIDA AVE APT 402
    DENVER,CO80247     		NONE I SUMMER STIPENDS, PD GRANTS 6,214
    HEATHER HAINES
    111 QUEENSBURY STREET 5
    BOSTON,MA02215     		NONE I ENGINEER TASK FORCE GRT, LEADERSHIP GRANTS, PD GRANTS 1,268
    MANDY HALL
    362 SALUDA SPRINGS ROAD
    LEXINGTON,SC29072     		NONE I SUMMER STIPENDS 3,600
    AMANDA HANNA
    17 CARLTON STREET 1
    SOMERVILLE,MA02143     		NONE I SUMMER STIPENDS 3,600
    HELEN HARLAN
    1 BENTON ROAD UNIT 3
    SOMERVILLE,MA02143     		NONE I SUMMER STIPENDS, MATERIALS GRANTS, PD GRANTS 5,373
    MARK HARTMAN
    2517 DEANWOOD DRIVE
    RALEIGH,NC27616     		NONE I SUMMER STIPENDS, PD GRANTS 5,757
    KIMBERLY HARTUNG
    3656A 20TH STREET
    SAN FRANCISCO,CA94110     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 8,106
    SHIRA HELFT
    942 FELL STREET
    SAN FRANCISCO,CA94117     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 7,075
    MARGARET HENNESSEY
    2408 HIGHLAND AVE
    DURHAM,NC27704     		NONE I PD GRANTS 1,029
    KEIKO HIRANAKA
    1362 MIRA MAR AVE
    LONG BEACH,CA90804     		NONE I SUMMER STIPENDS, SPECIAL INTERST GROUPS 3,616
    CARLEE HOLLENBECK
    6537 VIA ALCAZAR
    CARLSBAD,CA92009     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS, SPECIAL INTEREST GROUPS 4,829
    SAMUEL HOLLOWAY
    3044 COLGATE DRIVE
    LONGMONT,CO80503     		NONE I SUMMER STIPENDS 3,600
    CHRISTIAN JENKINS
    530 HARDING PLACE APT D56
    NASHVILLE,TN37211     		NONE I SUMMER STIPENDS, PD GRANTS 3,971
    SHARON JENKINS
    3021 DRESDEN DRIVE
    GASTONIA,NC28056     		NONE I SUMMER STIPENDS, PD GRANTS 5,102
    LONDON JENKS
    1022 CLARK STREET
    THERMOPOLIS,WY82443     		NONE I SUMMER STIPENDS, PD GRANTS 3,600
    KELSEY JOHNSON
    1100 E 17TH AVENUE B202
    LONGMONT,CO80504     		NONE I LEADERSHIP GRANTS 35
    ALYSSA KAHN
    8C WESTCHESTER HILLS
    COLCHESTER,CT06415     		NONE I SUMMER STIPENDS 3,600
    CASSONDRA KELLER
    3927 S ROSEBUD DRIVE SE
    KENTWOOD,MI49512     		NONE I SUMMER STIPENDS 3,600
    DEEPTI KHARE
    707 CONTINENTAL CIRCLE APT 1932
    MOUNTAIN VIEW,CA94040     		NONE I SUMMER STIPENDS 2,400
    JOSHUA KINDER
    613 9TH STREET
    ELKHART,IN46516     		NONE I SUMMER STIPENDS 3,600
    MANDI KRAEMER
    5224 RAZORBACK COURT
    ORLANDO,FL32819     		NONE I SUMMER STIPENDS, PD GRANTS 4,188
    SHELLEY KUNASEK
    611 NW 8TH STREET
    SEATTLE,WA98107     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 5,833
    KAYLA KUTEMEIER
    360 PARK HILL DRIVE UNIT A
    PEWAUKEE,WI53072     		NONE I SUMMER STIPENDS, PD GRANTS 5,205
    TANYA KRYUKOVA
    1720 PARKER STREET APT B
    BERKELEY,CA94703     		NONE I SUMMER STIPENDS, PD GRANTS,MATERIALS GRANTS 5,454
    TANYA LAMAR
    232 SANTA ANA
    LONG BEACH,CA90803     		NONE I SUMMER STIPENDS, PD GRANTS,MATERIALS GRANTS 5,629
    JOHANNA LANGILL
    3018 DEAKIN ST APT B
    BERKELEY,CA94705     		NONE I SUMMER STIPENDS, MATERIALS GRANTS 4,759
    DREW LARSON
    785 ZURICH LANE
    MIDWAY,UT84049     		NONE I SUMMER STIPENDS 3,600
    MICHELLE LEBER
    2640 S HIGHWAY 191
    MOAB,UT84532     		NONE I SUMMER STIPENDS, PD GRANTS,SPECIAL INTEREST GROUPS 5,255
    MICHELLE LEE
    730 COLUMBUS AVE APT 41
    NEW YORK,NY10025     		NONE I SUMMER STIPENDS, PD GRANTS,MATERIALS GRANTS 7,347
    ZENAS LEE
    707 CONTINENTAL CIRCLE APT 639
    MOUNTAIN VIEW,CA94040     		NONE I SUMMER STIPENDS, PD GRANTS 4,955
    ALEX LESTER
    108 N GEORGE MASON DR 4
    ARLINGTON,VA22203     		NONE I SUMMER STIPENDS, PD GRANTS 3,944
    ETHAN LEVINE
    2531 NAUDAIN STREET
    PHILADELPHIA,PA19146     		NONE I SUMMER STIPENDS, PD GRANTS 3,693
    NICOLE DOWD
    16001 RATTLESNAKE ROAD
    GRASS VALLEY,CA95945     		NONE I SUMMER STIPENDS, PD GRANTS 5,270
    CHRISTOPHER LIPSKI
    234 RAMONA ST
    PALO ALTO,CA94301     		NONE I SUMMER STIPENDS, PD GRANTS 3,961
    TERESA LONG
    267 OXFORD STREET APT 602
    ROCHESTER,NY14607     		NONE I SUMMER STIPENDS, PD GRANTS 5,220
    ANGELA LOU
    5442 S ELLIS AVE
    CHICAGO,IL60615     		NONE I SUMMER STIPENDS, PD GRANTS 6,000
    SARAH HAWTHORNE
    1048 HUCKLEBERRY COURT
    SUNNYVALE,CA94087     		NONE I SUMMER STIPENDS, PD GRANTS 4,602
    MADELINE WAUD MARTIN
    2813 W LINDEN AVE
    NASHVILLE,TN37212     		NONE I SUMMER WTIPENDS 3,600
    ERIN MARRON
    563 E NOVA AVE
    LITTLETON,CO80122     		NONE I SUMMER STIPENDS, PD GRANTS 5,480
    ANDREW MCCARTY
    1569 PERSHING DRIVE APT A
    SAN FRANCISCO,CA94129     		NONE I SUMMER STIPENDS, MATERIALS GRANTS 4,278
    SUSAN MCCLELLON
    34805 SEMINOLE WAY
    SOLON,OH44139     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 4,723
    MATT MCCOLLUM
    2085 ROCKLEDGE DRIVE NE
    KEIZER,OR97303     		NONE I SUMMER STIPENDS, PD GRANTS 5,117
    IVY MCDANIEL
    3335 POTOMAC 2F
    CHICAGO,IL60651     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS, LEADERSHIP GRANTS 6,257
    LINDSAY MCDOWELL
    88 N JACKSON AVE UNIT 316
    SAN JOSE,CA95116     		NONE I SUMMER STIPENDS, PD GRANTS 4,017
    KELLY LOAIZA MELENDEZ
    99 HYDE AVE
    PAWTUCKET,RI02861     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 4,499
    MELISSA MELOY
    3619 SE CORAL REEF PLACE
    CORVALLIS,OR97333     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANS, SPECIAL INTEREST GROUPS 6,473
    KIRSTEN MILKS
    913 S EASTSIDE DR
    BLOOMINGTON,IN47401     		NONE I SUMMER STIPENDS 3,600
    KATE MILLER
    1103 C ST SE APT 23
    WASHINGTON,DC20003     		NONE I SUMMER STIPENDS, PD GRANTS 5,419
    MADISON MILLER
    6741 HUNTER ROAD
    ELKRIDGE,MD21075     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 6,142
    ANDREA MOORE
    860 SALUDA SPRINGS ROAD
    LEXINGTON,SC29072     		NONE I SUMMER STIPENDS, PD GRANTS 6,051
    HEATHER HOTCHKISS
    4201 31ST ST SOUTH APT 321
    ARLINGTON,VA22206     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS, NBPTS GRANTS 8,159
    MEG GILDEA
    8612 8TH ST NE
    SEATTLE,WA98115     		NONE I SUMMER STIPENDS, PD GRANTS 5,980
    SCOTT MURPHY
    1223 S 19TH ST
    PHILADELPHIA,PA19146     		NONE I LEADERSHIP GRANTS 1,072
    JULIA NAIMY
    6 PARKWAY RD APT 5
    BROOKLINE,MA02445     		NONE I SUMMER STIPENDS, PD GRANTS 6,535
    ANDREA NEGRETE
    4605 WEST
    OAKLAND,CA94608     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 6,901
    LAURA NUTTER
    2625 S HAYES ST
    ARLINGTON,VA22202     		NONE I SUMMER STIPENDS, PD GRANTS 7,186
    BERNICE O'BRIEN
    PO BOX 1327
    LEXINGTON,VA24450     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 5,363
    BRITTANY O'BRIEN
    1210 PALMER CT NE
    GRAND RAPIDS,MI49505     		NONE I SUMMER STIPENDS, LEADERSHIP GRANTS, MATERIALS GRANTS 7,253
    KATIE O'BRYAN
    3545 DUPONT AVE S 201
    MINNEAPOLIS,MN55408     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS, RECRUITING STIPENDS 12,327
    JUSTINE MYERS
    8022 LAUREN WAY
    SUGAR LAND,TX77479     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 6,053
    SHEILA ORR
    1095 OAKWOOD DR
    DEWITT,MI48820     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 8,671
    RACHEL CLAUSEN
    2219 NORTH QUANTICO ST
    ARLINGTON,VA22205     		NONE I SUMMER STIPENDS, PD GRANTS 5,205
    CHRISTOPHER PARCHERT
    6328 ESTHER AVE NE
    ALBUQUERQUE,NM87109     		NONE I SUMMER STIPENDS 3,600
    HEIDI PARK
    2948 W CULLOM AVE APT 1
    CHICAGO,IL60618     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTERST GROUPS 6,230
    JORDAN PASQUALIN
    4423 N SEELEY AVE 1
    CHICAGO,IL60625     		NONE I LEADERSHIP GRANTS, PD GRANTS 2,332
    TARA PALOMARES
    1825 INDIANA ST NE
    ALBUQUERQUE,NM87110     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 9,055
    NATHAN PINSKY
    942 FELL STREET
    SAN FRANCISCO,CA94117     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTEREST GROUPS 3,970
    ANNA POLASEK
    42255 JOYCE LANE
    NOVI,MI48377     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTERST GROUPS 5,834
    DAVID POLETT
    7317 H ST
    LITTLE ROCK,AK72205     		NONE I SUMMER STIPENDS, PD GRANTS 5,983
    JULIA RATCLIFF
    530 SHRADER
    SAN FRANCISCO,CA94117     		NONE I SUMMER STIPENDS 3,600
    GINNA ROACH
    1139 E HYDE PARK BLVD APT 1
    CHICAGO,IL60615     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTERST GROUPS, MATERIALS GRANTS 6,072
    EMILY ROBINSON
    3422A SOUTH UTAH ST
    ARLINGTON,VA22206     		NONE I SUMMER STIPENDS 3,600
    EMMA ROSS
    329 ANGEL AVE
    SUNNYVALE,CA94086     		NONE I SUMMER STIPENDS, PD GRANTS 5,410
    RACHEL SANDERS
    6 ALL SEASONS DR EAST
    THETFORD,VT05043     		NONE I SUMMER STIPENDS, PD GRANTS 7,156
    CAITLIN SANTOS
    PO BOX 125
    CANTWELL,AK99729     		NONE I SUMMER STIPENDS, PD GRANTS 6,009
    AMY SCHACHNER
    4516 VALLEY VIEW DR
    HILLSBORO,MO63050     		NONE I SUMMER STIPENDS, PD GRANTS, RECRUITING STIPENDS 4,120
    JESSICA SCHEIMER
    956 Q ST
    SACRAMENTO,CA95811     		NONE I SUMMER STIPENDS, PD GRANTS, RECRUITING STIPENDS, NBPTS GRANTS, MATERIALS GRANTS 5,516
    TRACY SCHLOEMER
    17336 E KENYON DR UNIT 412
    AURORA,CO80013     		NONE I SUMMER STIPENDS, PD GRANTS, LEADERSHIP GRANTS, SPECIAL INTERST GROUPS 8,388
    LYUDMILA SHEMYAKINA
    725 MARIPOSA AVE 305
    MOUNTAIN VIEW,CA94041     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTEREST GROUPS 4,130
    MONICA SIRCAR
    155 REDLAND ROAD UNIT B
    WOODSIDE,CA94062     		NONE I SUMMER STIPENDS, PD GRANTS 5,393
    LIZ SMITH
    68 BENEVOLENT ST
    PROVIDENCE,RI02906     		NONE I SUMMER STIPENDS, PD GRANTS, TUITION, SPECIAL INTEREST GROUPS 9,198
    HELEN SNODGRASS
    3514 LINKWOOD DR
    HOUSTON,TX77025     		NONE I SUMMER STIPENDS, PD GRANTS 5,480
    JEFFREY SPENCER
    129 S MILLBROOK ST
    AURORA,CO80018     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 6,062
    ALLISON STAFFORD
    103 CRESCENT AVE 2
    SAN FRANCISCO,CA94110     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 7,177
    SCOTT STAMBACH
    3244 REYNARD WAY
    SAN DIEGO,CA92103     		NONE I SUMMER STIPENDS 3,600
    SOPHIE STATE
    6710 VARIEL AVE 302
    WOODLAND HILLS,CA91303     		NONE I SUMMER STIPENDS, PD GRANTS, LEADERSHIP GRANTS, MATERIALS GRANTS 8,248
    CACIA STEENSEN
    12447 S CINDY AVE
    PINE,CO80470     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTEREST GROUPS, MATERIALS GRANTS 4,988
    ALEX STEINKAMP
    904 NORTH ST SE
    OLYMPIA,WA98501     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS, SPECIAL INTEREST GROUPS 4,552
    CATHERINE STEINMETZ
    UNIT 6050 BOX 162
    DPO,AE09892     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 5,082
    ISAAC STEWART
    110 S WASHINGTON ST
    SAYBROOK,IL61770     		NONE I SUMMER STIPENDS 2,400
    JESSE STONEWOOD
    714 BEACH ST
    ASHLAND,OR97520     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 6,553
    DAVID STREIB
    109 MAPLEWOOD RD
    ITHICA,NY14850     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTEREST GROUPS 5,371
    LAURA STUCK
    1534 24TH AVE
    OAKLAND,CA94601     		NONE I SUMMER STIPENDS, PD GRANTS 3,728
    MIKE TOWN
    611 NW 48TH ST
    SEATTLE,WA98107     		NONE I SUMMER STIPENDS, PD GRANTS 4,881
    HAI TRAN
    5959 66TH ST APT 202
    SACRAMENTO,CA95823     		NONE I SUMMER STIPENDS, PD GRANTS, RECRUITING STIPENDS, MATERIALS GRANTS, SPECIAL INTEREST GROUPS 5,360
    STEPHEN TRAPHAGEN
    3156 N PAULINA ST 2S
    CHICAGO,IL60657     		NONE I SUMMER STIPENDS 3,600
    KATHERINE UNRUHE
    1024 BERKELEY ST
    DURHAM,NC27705     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 7,502
    KAYLA URQUIDI
    648 MISSOURI ST
    SAN FRANCISCO,CA94107     		NONE I PD GRANTS, MATERIALS GRANTS 1,939
    REBECCA VAN TASSELL
    119 VERBANK RD
    MILLBROOK,NY12545     		NONE I SUMMER STIPENDS, PD GRANTS 3,767
    EMMA VIERHELLER
    3400 N MARYLAND AVE BOX K-STAFF
    MILWAUKEE,WI53211     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 5,485
    KIM VOSS
    73 WEST LAKE RD
    BRANCHPORT,NY14418     		NONE I SUMMER STIPENDS 3,600
    KATIE WADDLE
    1354 VERMONT ST
    SAN FRANCISCO,CA94110     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 5,657
    LAURA WANG
    343 ST NICHOLAS AVE APT 57
    NEW YORK,NY10027     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTEREST GROUOPS 8,533
    NICHOLAS WATERS
    198 CLINTON DR
    TWIN FALLS,ID83301     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 4,603
    CONSTANCE WILLIAMS
    170 ARTHUR RD
    MARTINEZ,CA94553     		NONE I SUMMER STIPENDS, PD GRANTS 6,850
    LAUREN WILTSIE
    24836 MARY ST
    TAYLOR,MI48180     		NONE I SUMMER STIPENDS, PD GRANTS 5,825
    LILY XU
    1450 EMORY ST
    SAN JOSE,CA95126     		NONE I SUMMER STIPENDS, PD GRANTS 3,782
    SUZY YOON
    406 LEVERINGTON AVEUNIT B
    PHILADELPHIA,PA19128     		NONE I SUMMER STIPENDS, PD GRANTS 4,836
    LINDSAY WELLS
    110 S SECOND ST APT 208
    MADISON,WI54703     		NONE I SUMMER STIPENDS, PD GRANTS, LEADERSHIP GRANTS 7,271
    VICTOR CHEN
    3476 ASHBURNAM RD
    ANN ARBOR,MI48105     		NONE I RECRUITING STIPENDS 37
    KEVIN GANT
    1816 ANDERSON PL SE
    ALBUQUERQUE,NM87108     		NONE I LEADERSHIP GRANTS 3,000
    BRADFORD K HILL
    1273 HIDE AWAY LANE
    LAKE OSWEGO,OR97034     		NONE I LEADERSHIP GRANTS 1,414
    BEN BUEHLER
    520 N SHELLBARK RD
    MUNCIE,IN47304     		NONE I NBPTS GRANTS 1,025
    HEATHER BUSKIRK
    117 WASHINGTON RD
    SCOTIA,NY12302     		NONE I LEADERSHIP GRANTS 1,035
    CASEY OHARA
    229 W ISLAY ST 2
    SANTA BARBARA,CA93101     		NONE I LEADERSHIP GRANTS 38
    KATEY SHIREY
    1706 HOBART ST NW
    WASHINGTON,DC20009     		NONE I LEADERSHIP GRANTS 647
    THOMAS ALCALA
    8408 MIDWAY RD
    DALLAS,TX75209     		NONE I SUMMER STIPENDS 3,600
    ROSHAN ANGLIN
    2650 UNIVERSITY AVE W 209
    SAINT PAUL,MN55114     		NONE I SUMMER STIPENDS, PD GRANTS, RECRUITING STIPENDS, SPECIAL INTEREST GROUPS 6,475
    ERICA BLAND
    416 S FRANCES ST
    SUNNYVALE,CA94086     		NONE I SUMMER STIPENDS, MATERIALS GRANTS 4,243
    CARLY BROWN
    2198 WILD BRANCH RD
    CRAFTSBURY,VT05826     		NONE I SUMMER STIPENDS, PD GRANTS, RECRUITING STIPENDS, MATERIALS GRANTS 7,060
    VALENTINA BUMBU
    1414 BREDELL AVE
    SAINT LOUIS,MO63117     		NONE I SUMMER STIPENDS 3,600
    NICHOLAS CHAN
    1008 CAROLINA ST
    SAN FRANCISCO,CA94107     		NONE I SUMMER STIPENDS, PD GRANTS 3,600
    ADAM CLINCH
    1526 CLEVELAND ST
    HELENA,MT59601     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 7,990
    KATRINA CORNELL
    PO BOX 1682
    TELLURIDE,CO81435     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 8,627
    JOSEPH COSSETTE
    3237 SUMTER AVE S
    MINNEAPOLIS,MN55426     		NONE I SUMMER STIPENDS, PD GRANTS 4,193
    SARAH DIMARIA
    1902 TRANQUILO TRAIL
    AUSTIN,TX78744     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 5,822
    TIMOTHY ELLIS
    550 STONERIDGE DR APT 1112
    LAWRENCE,KS66049     		NONE I SUMMER STIPENDS 3,600
    KATRINA JONES
    1504 SWIFT BLVD
    RICHLAND,WA99352     		NONE I SUMMER STIPENDS, MATERIALS GRANTS 5,541
    JOLIE GLASER
    3000 HIGH VIEW DR APT 1523
    HENDERSON,NV89014     		NONE I SUMMER STIPENDS, SPECIAL INTEREST GROUPS, MATERIALS GRANTS 4,699
    MARGOT GOLDBERG
    311 SERVICE WAY
    PITTSBURGH,PA15201     		NONE I SUMMER STIPENDS, SPECIAL INTEREST GROUPS 3,615
    LEROY GRAY
    1624 NAUDAIN ST
    PHILADELPHIA,PA19146     		NONE I SUMMER STIPENDS 3,600
    JONATHAN HOLCOMB
    3165 N ORCHARD ST 2
    CHICAGO,IL60657     		NONE I SUMMER STIPENDS 3,600
    BRIAN HUSER
    840 27TH AVE
    OAKLAND,CA94601     		NONE I SUMMER STIPENDS, PD GRANTS 5,784
    LAUREN KLINE
    5900 OAKWOOD DR UNIT 4A
    LISLE,IL60532     		NONE I SUMMER STIPENDS, PD GRANTS 5,440
    BRENDA MINJARES
    1502 W FLORA ST
    SANTA ANA,CA92704     		NONE I SUMMER STIPENDS, PD GRANTS, SPECIAL INTEREST GROUPS 4,890
    MATTHEW NEAL
    4775 APARTMENT BLVD APT I4
    SOUTH CHARLESTON,SC29418     		NONE I SUMMER STIPENDS 3,600
    CHRISTOPHER O'BRIEN
    29 DEERHILL DR
    HOHOKUS,NJ07423     		NONE I SUMMER STIPENDS 3,600
    JESSICA PERALTA
    404 COTTON COVE
    OXFORD,MS38655     		NONE I SUMMER STIPENDS 3,600
    SUSAN PIENTA
    226 S GENEVA ST APT 2
    ITHACA,NY14850     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 5,978
    ERIC RASMUSSEN
    124 ANNIVERSARY LANE
    LONGMONT,CO80501     		NONE I SUMMER STIPENDS 3,600
    DWAINA SCREEN
    91-04 215TH ST
    QUEENS VILLAGE,NY11428     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS, SPECIAL INTEREST GROUPS 6,362
    JONATHAN SONG
    4871 PACKARD ST APT C2
    ANN ARBOR,MI48108     		NONE I SUMMER STIPENDS, PD GRANTS, RECRUITING STIPENDS 3,637
    CAROL STOLL
    50 BLOOMFIELD ST APT 405
    HOBOKEN,NJ07030     		NONE I SUMMER STIPENDS 3,600
    MICHELLE VANHALA
    223 DIVISION
    BIG RAPIDS,MI49307     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 8,427
    ALLIE WEBB
    1453 N STAR AVE
    COLUMBUS,OH43212     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS, SPECIAL INTEREST GROUPS 7,794
    TAYLOR WILLIAMS
    1160 18TH AVE E
    SEATTLE,WA98112     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 7,066
    MATTHEW WILSON
    215 S THIRD ST APT A
    BISHOP,CA93514     		NONE I SUMMER STIPENDS 3,600
    ROSEMARY WULF
    2707 VALMONT RD APT 202 B
    BOULDER,CO80304     		NONE I SUMMER STIPENDS, PD GRANTS, MATERIALS GRANTS 4,825
    ZOE MASTERS
    25 RUSSELL ST
    SOMERVILLE,MA02144     		NONE I PD GRANTS 140
    Total .................................bullet 3a 974,137
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ............     		         
    4 Dividends and interest from securities....     14 590,540  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     14 3,650  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 509,167  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,103,357 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,103,357
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    Employer identification number

    01-0485964
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC         		Employer identification number

    01-0485964
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    THE KNOWLES CHARITABLE FOUNDATION
     

       
    425 E LINDEN STREET
     
    MOORESTOWN, NJ08057

    		$247,105


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

    JANET H KNOWLES  
    425 E LINDEN STREET
     
    MOORESTOWN, NJ08057

    		$105,931


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    C HARRY KNOWLES  
    316 E MAPLE AVENUE
     
    MOORESTOWN, NJ08057

    		$53,286


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC         		Employer identification number

    01-0485964
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC         		Employer identification number

    01-0485964
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 30,504 9,500 9,500 33,904

    TY 2014 GeneralExplanationAttachment
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Identifier Return Reference Explanation
    SUMMARY OF DIRECT CHARITABLE ACTIVITIES PART IX-A THE KNOWLES SCIENCE TEACHING FOUNDATION (KSTF) INVESTS IN DEVELOPING A STABLE CORE OF EXPERT SCIENCE AND MATH TEACHERS AND TEACHER LEADERS IN A WIDE VARIETY OF U.S. HIGH SCHOOLS. IN DOING SO, THE FOUNDATION SEEKS TO STRENGTHEN THE TEACHING PROFESSION, THEREBY IMPROVING MATH AND SCIENCE EDUCATION IN THE UNITED STATES. KSTF IS A PRIVATE, OPERATING FOUNDATION, FUNDED BY AN ENDOWMENT FROM HARRY AND JANET KNOWLES IN 1999. THE STRUCTURE OF A FULLY-FUNDED, OPERATING FOUNDATION HAS ALLOWED KSTF TO COMMIT LONG-TERM TO THE MISSION OF BUILDINGA STABLE CORE OF TEACHERS AND TEACHER LEADERS THROUGH THREE, INTERCONNECTED PROGRAMS: TEACHING FELLOWS, SENIOR FELLOWS, AND RESEARCH AND EVALUATION.THE CORNERSTONE PROGRAM OF KSTF IS THE TEACHING FELLOWS PROGRAM. THIS PROGRAM ADDRESSES THE RECRUITMENT, TRAINING, AND RETENTION OF HIGH-ABILITY STEM TEACHER CANDIDATES THROUGH A COMPREHENSIVE FIVE-YEAR PROFESSIONAL DEVELOPMENT PROGRAM.EACH YEAR, KSTF AWARDS APPROXIMATELY 36 FELLOWSHIPS TO EARLY CAREER MATHEMATICS AND SCIENCE TEACHERS. THE SENIOR FELLOWS PROGRAM BUILDS UPON THE CORE COMMITMENTS AND WORK OF THE TEACHING FELLOWSHIP PROGRAM. AFTER COMPLETING THE TEACHING FELLOWSHIP PROGRAM, SENIOR FELLOWS CONTINUE TO DEVELOP AS TEACHER LEADERS AND PARTICIPATE AS ACTIVE MEMBERS OF THE KSTF COMMUNITY.THE RESEARCH AND EVALUATION PROGRAM OFFERS SUPPORT FOR INNOVATIVE AND RIGOROUS STUDIES OF TEACHER DEVELOPMENT, TEACHING, LEARNING, AND LEADERSHIP ACROSS THE KSTF ORGANIZATION. SPECIFICALLY, THIS PROGRAM FOCUSES ON COLLABORATIVE STUDIES OF PRACTICE BY KSTF TEACHING FELLOWS, SENIOR FELLOWS, AND STAFF IN ORDER TO DEEPEN OUR UNDERSTANDING OF PRACTITIONER INQUIRY, ITS INFLUENCE ON TEACHER AND STUDENT LEARNING, AND IMPACT ON TEACHER LEADERSHIP AND PROFESSIONAL IDENTITY.BECAUSE THESE PROGRAMS HAVE NOT BEEN CONSTRAINED BY THE FINITE LIFE-CYCLE OF A TYPICAL GRANT, KSTF HAS BEEN ABLE TO CONTINUALLY REFINE AND IMPROVE ITS PROGRAMS THROUGH ONGOING DEVELOPMENT AND ITERATIVE IMPROVEMENT CYCLES. AS A RESULT, KSTF MAKES FOUR KEY CONTRIBUTIONS TO THE DEVELOPMENT OF A STABLE CORE TO THE TEACHING PROFESSION:A CADRE OF EXCEPTIONAL HIGH SCHOOL SCIENCE AND MATH TEACHERS; THE DEVELOPMENT OF LEADERSHIP CAPACITY AMONG THOSE TEACHERS; THE DEVELOPMENT OF KNOWLEDGE ABOUT TEACHING AND LEARNING, GIVING PRIMACY TO KNOWLEDGE GENERATED BY TEACHERSOF AND FOR THEIR OWN PRACTICE; AND THE DEVELOPMENT OF A NETWORKED IMPROVEMENT COMMUNITY NECESSARY FOR THE ADVANCEMENT OF SCIENCE AND MATHEMATICS EDUCATION.
    BYLAWS CHANGES PART VII-A QUESTION #3 THE FOUNDATION'S BYLAWS WERE AMENDED AND RESTATED AS OF MAY 15, 2015. DUE TO CONSTRAINTS RELATED TO ATTACHMENTS FOR E-FILED RETURNS, A COPY OF THE UPDATED DOCUMENT HAS BEEN SEPARATELY MAILED TO THE IRS IN ACCORDANCE WITH THE FORM 990-PF INSTRUCTIONS.

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY STOCKS 985,347 985,347

    TY 2014 InvestmentsOtherSchedule2
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    US LARGE CAP EQUITY FMV 7,784,373 7,784,373
    US MID CAP EQUITY FMV 2,261,971 2,261,971
    US SMALL CAP EQUITY FMV 584,017 584,017
    EAFE EQUITY FMV 3,066,809 3,066,809
    JAPANESE LARGE CAP EQUITY FMV 364,063 364,063
    ASIA EX-JAPAN EQUITY FMV 1,549,753 1,549,753
    EMERGING MARKET EQUITY FMV 292,755 292,755
    GLOBAL EQUITY FMV 1,500,466 1,500,466
    WISDOMTREE EUROPE HEDGED EQUIT FMV 512,481 512,481
    WISDOMTREE TRUST JAPAN HEDGE EQUITY FMV 561,035 561,035
    MSIF GLOBAL REAL ESTATE A FMV 1,072,824 1,072,824
    US FIXED INCOME FMV 5,495,191 5,495,191
    MORGAN STANLEY LIQUID MARKETS FUNDS FMV 1,703,308 1,703,308
    MORGAN STANLEY OPPORTUNISTIC CAYMAN FUND SPC FMV 1,076,371 1,076,371
    AIP-MORGAN STANLEY GLOBAL DISTRESSED OPPORTUNITIES FUND FMV 14,964,784 14,964,784
    AIP-MORGAN STANLEY EMERGING PRIVATE MARKETS FUND I FMV 10,618,074 10,618,074
    JP MORGAN ALTERNATIVE INVESTMENTS FMV 9,406,144 9,406,144

    TY 2014 LegalFeesSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 23,034 0 0 38,034


    TY 2014 OtherAssetsSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 6,895 0 0
    TOWNSHIP CONSTRUCTION DEPOSIT 32,695 30,307 30,307
    GIFT CARDS 3,235 2,831 2,831
    FLEXIBLE SPENDING ACCOUNTS 2,300 0 0
    FINANCING FEES   2,871 2,871


    TY 2014 OtherExpensesSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 15,382 0 0 14,705
    INFORMATION TECHNOLOGY 94,940 0 0 88,029
    POSTAGE 3,988 0 0 3,988
    MEMBERSHIPS 14,259 0 0 14,259
    MISCELLANEOUS 6,300 1,575 1,575 2,139
    OFFICE EXPENSE 24,943 6,236 6,236 18,420
    PROFESSIONAL DEVELOPMENT 37,632 0 0 33,148
    BANK FEES 2,824 706 706 2,118
    DISSEMINATION 358 0 0 358
    LOAN FEE AMORTIZATION 437 0 0 437


    TY 2014 OtherIncomeSchedule2
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISC INCOME 3,650 3,650 3,650


    TY 2014 OtherIncreasesSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Description Amount
       
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Description Beginning of Year - Book Value End of Year - Book Value
    LINE OF CREDIT 2,050,000 3,500,000
    DEFERRED FEDERAL EXCISE TAX LIABILITY 136,357 175,975


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT FEES 527,819 527,819 527,819 0
    OTHER 506,722 0 0 500,079


    TY 2014 TaxesSchedule
    Name:
    JANET H & C HARRY KNOWLES FOUNDATIONINC
    A/K/A KNOWLES SCIENCE TEACHING FD INC
    EIN: 01-0485964
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 46,199 0 0 46,199