TY 2015 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

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015

Name of foundation
WILLIAM F TROXELL CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)620 LIBERTY AVENUE 10TH FLOOR
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705

A Employer identification number

01-6226621

B Telephone number (see instructions)

(412) 768-9969

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

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

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

$1,457,893J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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
4	Dividends and interest from securities...	32,962		32,962
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		44,861
b	Gross sales price for all assets on line 6a 551,062
7	Capital gain net income (from Part IV, line 2)...			44,861
8	Net short-term capital gain.........				0
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).......		1	1
12	Total. Add lines 1 through 11........	77,824		77,824
13	Compensation of officers, directors, trustees, etc.	18,107		9,053		9,054
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		4,137	23		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		1,469	1,469
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	23,713		10,545	0	9,054
25	Contributions, gifts, grants paid.......	64,624				64,624
26	Total expenses and disbursements. Add lines 24 and 25	88,337		10,545	0	73,678
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-10,513
b	Net investment income (if negative, enter -0-)			67,279
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	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.............
	2	Savings and temporary cash investments.........	125,818	49,932	49,932
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	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).......	428,703	452,520	553,996
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	855,657	897,723	853,965
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,410,178	1,400,175	1,457,893
	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..................
	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........	1,404,828	1,397,178
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	5,350	2,997
	30	Total net assets or fund balances (see instructions).....	1,410,178	1,400,175
	31	Total liabilities and net assets/fund balances (see instructions).	1,410,178	1,400,175

Part III

Analysis of Changes in Net Assets or Fund Balances

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

1,410,178

Enter amount from Part I, line 27a .....................

-10,513

Other increases not included in line 2 (itemize) bullet

514

Add lines 1, 2, and 3 ..........................

1,400,179

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

1,400,175

Form 990-PF (2015)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	59. OASIS PETROLEUM INC		2014-06-24	2015-01-01
b	4. OASIS PETROLEUM INC		2014-10-20	2015-01-01
c	2. SCHLUMBERGER LTD COM		2014-06-17	2015-01-01
d	3. SCHLUMBERGER LTD COM		2014-06-17	2015-01-01
e	8. DUNKIN BRANDS GROUP INC		2011-11-22	2015-01-05
	2. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2015-01-06
	5. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-04-04	2015-01-07
	3. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-04-04	2015-01-08
	3. CVS CAREMARK CORP		2012-01-11	2015-01-12
	4. CISCO SYS INC COM		2014-06-24	2015-01-12
	6. CONTINENTAL RESOURCES INC/OK		2014-06-24	2015-01-12
	4. EDISON INTL		2014-06-24	2015-01-12
	3. HAIN CELESTIAL GROUP INC COM		2014-11-13	2015-01-12
	5. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2014-06-24	2015-01-12
	4. LOWES COMPANIES INC		2014-06-24	2015-01-12
	5. OIL STATES INTERNATIONAL INC		2014-09-22	2015-01-12
	3. PFIZER INC COM		2011-05-10	2015-01-12
	4. QUEST DIAGNOSTICS INC		2014-06-24	2015-01-12
	3. RED HAT INC		2014-05-15	2015-01-12
	63.094 T ROWE PRICE REAL ESTATE FUND FD 122		2012-01-31	2015-01-12
	14. SECTOR SPDR TR SHS BEN INT-UTILITIES		2014-12-01	2015-01-12
	5. TIFFANY & CO NEW COM		2014-11-26	2015-01-12
	95.93 VANGUARD TOTL BD MKT IDX-ADM		2014-10-22	2015-01-12
	4. WASTE MANAGEMENT INC		2014-06-24	2015-01-12
	31. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2014-09-23	2015-01-12
	1. PRECISION CASTPARTS CORP		2011-05-10	2015-01-16
	3. PRECISION CASTPARTS CORP		2015-01-12	2015-01-16
	2. PRECISION CASTPARTS CORP		2011-05-10	2015-01-16
	1. PRICELINE GROUP, INC.		2011-11-01	2015-01-16
	11. MORGAN STANLEY		2014-12-04	2015-01-20
	6. MORGAN STANLEY		2015-01-12	2015-01-20
	4. PRECISION CASTPARTS CORP		2011-05-10	2015-01-20
	671.765 DODGE & COX INTERNATIONAL STOCK FUND		2005-08-12	2015-01-27
	57.572 DODGE & COX INTERNATIONAL STOCK FUND		2015-01-12	2015-01-27
	12. KIMBERLY-CLARK CORP COM		2014-03-07	2015-01-27
	43. OASIS PETROLEUM INC		2014-10-20	2015-01-27
	18. UNITED RENTALS INC COM		2013-10-07	2015-01-29
	468. SECTOR SPDR TR SBI INT-TECH		2014-07-31	2015-01-30
	14. SECTOR SPDR TR SHS BEN INT-UTILITIES		2014-12-01	2015-01-30
	50. ATWOOD OCEANICS INC		2014-09-22	2015-02-03
	3. PERRIGO CO LTD SEDOL BGH1M56		2014-12-15	2015-02-03
	1. PERRIGO CO LTD SEDOL BGH1M56		2014-12-15	2015-02-04
	4. GILEAD SCIENCES INC COM		2014-06-24	2015-02-05
	21. GILEAD SCIENCES INC COM		2012-09-27	2015-02-05
	1. BIOGEN INC		2015-02-05	2015-02-06
	2. NIKE INC CL B		2015-01-23	2015-02-06
	15. AMERICAN EXPRESS CO		2011-08-17	2015-02-13
	25. AFLAC INC		2014-06-24	2015-02-23
	4. CATERPILLAR INC		2013-04-16	2015-02-23
	29. CATERPILLAR INC		2014-07-28	2015-02-23
	4. EOG RES INC		2014-07-09	2015-02-24
	16. EOG RES INC		2012-08-28	2015-02-24
	8. TWENTY-FIRST CENTURY-CL A-WI		2014-09-10	2015-02-25
	6. TWENTY-FIRST CENTURY-CL A-WI		2013-10-24	2015-02-25
	3. CELGENE CORP		2015-01-12	2015-02-27
	18. EASTMAN CHEM CO		2014-06-02	2015-02-27
	12. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2012-06-19	2015-02-27
	15. TWENTY-FIRST CENTURY-CL A-WI		2013-10-22	2015-03-02
	2. CELGENE CORP		2014-07-31	2015-03-03
	4. TWENTY-FIRST CENTURY-CL A-WI		2013-10-28	2015-03-03
	6. TWENTY-FIRST CENTURY-CL A-WI		2014-02-26	2015-03-04
	2. TWENTY-FIRST CENTURY-CL A-WI		2014-03-13	2015-03-04
	94. AES CORP		2014-06-24	2015-03-06
	113. AES CORP		2015-01-12	2015-03-06
	20. YUM! BRANDS INC		2014-06-24	2015-03-06
	4. INCYTE CORPORATION		2014-01-30	2015-03-10
	34. CONTINENTAL RESOURCES INC/OK		2014-06-24	2015-03-13
	9. MONDELEZ INTERNATIONAL		2014-06-24	2015-03-16
	1. BIOGEN INC		2013-10-07	2015-03-17
	1. CELGENE CORP		2014-06-10	2015-03-17
	3. SCHLUMBERGER LTD COM		2014-04-22	2015-03-17
	4. SCHLUMBERGER LTD COM		2014-04-07	2015-03-17
	6. TWENTY-FIRST CENTURY-CL A-WI		2014-03-13	2015-03-17
	16. WESTERN DIGITAL CORP		2014-06-24	2015-03-19
	2. TIFFANY & CO NEW COM		2014-06-09	2015-03-20
	7. MONDELEZ INTERNATIONAL		2014-06-24	2015-03-23
	11. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-03-25
	1. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-11-26	2015-03-25
	9. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2015-03-11	2015-03-25
	3. MONSANTO CO		2014-12-22	2015-03-26
	2. UNION PAC CORP COM		2011-05-10	2015-03-26
	66. MICRON TECHNOLOGY INC		2014-08-19	2015-03-30
	5. BRISTOL MYERS SQUIBB CO		2015-01-12	2015-03-31
	1. BRISTOL MYERS SQUIBB CO		2014-09-25	2015-03-31
	4. MONSANTO CO		2011-05-10	2015-03-31
	3. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2015-01-12	2015-03-31
	5. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-08-29	2015-03-31
	399. SECTOR SPDR TR SBI CONS STPLS		2015-01-30	2015-03-31
	407. SECTOR SPDR TR SHS BEN INT-UTILITIES		2014-12-01	2015-03-31
	18. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2014-06-24	2015-04-01
	13. DELTA AIR LINES INC		2013-09-10	2015-04-02
	4. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-04-02
	1. SOUTHWEST AIRLINES COM		2014-02-07	2015-04-02
	8. SOUTHWEST AIRLINES COM		2014-04-03	2015-04-02
	5. CF INDUSTRIES HOLDINGS INC		2014-06-24	2015-04-06
	28.743 VERIZON COMMUNICATIONS COM		2013-10-07	2015-04-06
	.257 VERIZON COMMUNICATIONS COM		2015-01-12	2015-04-06
	5. GILEAD SCIENCES INC COM		2012-05-15	2015-04-07
	2. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2014-06-24	2015-04-07
	4. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-04-07
	23. SOUTHWEST AIRLINES COM		2014-02-07	2015-04-07
	3. CELGENE CORP		2013-03-06	2015-04-08
	1. CELGENE CORP		2014-06-10	2015-04-08
	2. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-11-18	2015-04-09
	4. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-11-18	2015-04-09
	3. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-10-27	2015-04-13
	4. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104		2014-10-17	2015-04-13
	13. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104		2011-05-10	2015-04-13
	2. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-10-27	2015-04-16
	16. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-04-04	2015-04-17
	1. COSTCO WHSL CORP NEW COM		2011-05-10	2015-04-20
	5. TRIPADVISOR INC CLASS I		2014-07-10	2015-04-20
	25. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2014-08-12	2015-04-20
	9. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-21
	6. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-21
	2. TIFFANY & CO NEW COM		2014-06-09	2015-04-21
	2. MEAD JOHNSON NUTRITION CO		2013-08-20	2015-04-22
	74. MYLAN N V		2015-03-02	2015-04-22
	4. MEAD JOHNSON NUTRITION CO		2013-08-20	2015-04-23
	9. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-23
	3. MEAD JOHNSON NUTRITION CO		2013-08-02	2015-04-27
	2. NOVO NORDISK A S ADR		2011-05-10	2015-04-27
	2. MASTERCARD INC CL A		2011-05-10	2015-04-28
	10. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-29
	3. NOVO NORDISK A S ADR		2011-05-10	2015-04-29
	24. PACKAGING CORP OF AMERICA COM		2014-03-20	2015-04-29
	9. TWITTER INC		2014-07-30	2015-04-29
	8. TWITTER INC		2014-07-30	2015-04-29
	2. TWITTER INC		2013-12-04	2015-04-29
	870.414 AMERICAN BEACON L/C VALU IS		2011-05-10	2015-04-30
	199.2 ARTISAN FDS INC INTERNATIONAL		2011-05-10	2015-04-30
	40.287 ARTISAN FDS INC INTERNATIONAL		2015-01-12	2015-04-30
	104.524 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO		2015-01-12	2015-04-30
	802.101 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO		2012-11-02	2015-04-30
	2. SALESFORCE.COM		2014-01-13	2015-04-30
	4. SALESFORCE.COM		2015-01-12	2015-04-30
	422.516 TEMPLETON INSTL FDS INC FOREIGN EQUITY SER		2015-01-27	2015-04-30
	2. BAIDU INC		2015-03-18	2015-05-01
	2. BAIDU INC		2015-02-12	2015-05-01
	3. SALESFORCE.COM		2011-05-10	2015-05-01
	39. CONOCOPHILLIPS		2014-06-24	2015-05-04
	1. CONOCOPHILLIPS		2014-12-01	2015-05-04
	21. CONOCOPHILLIPS		2014-04-29	2015-05-04
	31. MICROSOFT CORP		2014-06-24	2015-05-04
	45. OIL STATES INTERNATIONAL INC		2014-09-22	2015-05-04
	31. OIL STATES INTERNATIONAL INC		2014-12-15	2015-05-04
	5. ALLSTATE CORP		2014-06-24	2015-05-05
	7. AMERIPRISE FINANCIAL INC		2014-12-03	2015-05-05
	6. DELTA AIR LINES INC		2013-09-10	2015-05-05
	.011 GOOGLE INC-CL C NAME CHANGE 10/02/2015		2011-05-10	2015-05-05
	2. UNION PAC CORP COM		2011-05-10	2015-05-05
	19. KROGER CO		2015-01-30	2015-05-11
	34. SPROUTS FARMERS MARKETS INC		2015-01-27	2015-05-11
	5. NOVO NORDISK A S ADR		2011-05-10	2015-05-13
	3. UNION PAC CORP COM		2011-05-10	2015-05-13
	2. UNION PAC CORP COM		2011-05-10	2015-05-13
	3. ARM HOLDINGS PLC SPONSORED ADR		2015-01-12	2015-05-14
	3. NOVO NORDISK A S ADR		2011-05-10	2015-05-14
	3. ARM HOLDINGS PLC SPONSORED ADR		2015-01-12	2015-05-15
	1. VERTEX PHARMACEUTICALS INC		2011-12-21	2015-05-15
	26. DELTA AIR LINES INC		2013-09-10	2015-05-22
	16. UNION PAC CORP COM		2011-05-10	2015-05-22
	17. QUALCOMM		2013-06-24	2015-05-29
	2. UNION PAC CORP COM		2011-05-10	2015-06-02
	24. OLD DOMINION FGHT LINES INC		2014-07-28	2015-06-03
	2. CELGENE CORP		2013-03-06	2015-06-04
	1. CELGENE CORP		2013-03-06	2015-06-05
	35. SOUTHWEST AIRLINES COM		2014-02-07	2015-06-11
	45. ATWOOD OCEANICS INC		2015-05-04	2015-06-15
	61. ATWOOD OCEANICS INC		2014-10-20	2015-06-15
	89. NATIONSTAR MORTGAGE HOLDINGS		2014-06-24	2015-06-15
	56. NATIONSTAR MORTGAGE HOLDINGS		2015-03-06	2015-06-15
	8. NOVO NORDISK A S ADR		2011-07-27	2015-06-17
	15. SCHLUMBERGER LTD COM		2014-04-02	2015-06-17
	40. ORACLE CORP		2011-12-14	2015-06-18
	5. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-23	2015-06-25
	4. UNION PAC CORP COM		2011-05-10	2015-06-25
	6. APPLE INC		2014-06-17	2015-06-26
	3. APPLE INC		2014-12-19	2015-06-26
	3. APPLE INC		2015-01-12	2015-06-26
	103. BROADCOM CORP		2014-06-24	2015-06-26
	4. BROADCOM CORP		2015-01-12	2015-06-26
	2. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-18	2015-06-26
	1. UNION PAC CORP COM		2011-12-07	2015-06-26
	2. UNION PAC CORP COM		2011-12-07	2015-06-26
	10. VIPSHOP HOLDINGS LTD ADR		2015-05-05	2015-06-29
	33. ADT CORP		2015-04-02	2015-06-30
	4. TWITTER INC		2013-12-04	2015-07-01
	8. VIPSHOP HOLDINGS LTD ADR		2015-01-07	2015-07-01
	32. ALLSTATE CORP		2014-06-24	2015-07-06
	51. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2015-07-06	2015-07-06
	15. SCHLUMBERGER LTD COM		2014-11-04	2015-07-06
	4. SCHLUMBERGER LTD COM		2015-05-11	2015-07-06
	12. VIPSHOP HOLDINGS LTD ADR		2015-01-07	2015-07-06
	8. NOVO NORDISK A S ADR		2011-07-27	2015-07-08
	2. VIPSHOP HOLDINGS LTD ADR		2015-01-12	2015-07-08
	19. VIPSHOP HOLDINGS LTD ADR		2015-01-06	2015-07-08
	6. LENDINGCLUB CORP		2015-01-16	2015-07-09
	35. AFLAC INC		2014-06-24	2015-07-10
	3. AFLAC INC		2015-01-12	2015-07-10
	115. AES CORP		2015-05-04	2015-07-10
	38. BAXALTA INC -W/I		2014-06-24	2015-07-10
	29. ROSS STORES INC		2014-06-24	2015-07-10
	32. VERIZON COMMUNICATIONS COM		2015-01-12	2015-07-10
	5. ALLERGAN PLC SEDOL BY9D546		2015-04-22	2015-07-10
	16. ENDO INTERNATIONAL PLC SEDOL BJ3V905		2015-04-22	2015-07-10
	2. SCHLUMBERGER LTD COM		2015-05-11	2015-07-13
	2. SCHLUMBERGER LTD COM		2014-01-30	2015-07-13
	4. BIOMARIN PHARMACEUTICAL INC		2013-03-13	2015-07-15
	2. BIOMARIN PHARMACEUTICAL INC		2014-08-01	2015-07-15
	5. SCHLUMBERGER LTD COM		2014-01-30	2015-07-15
	3. CIGNA CORP		2014-07-22	2015-07-16
	12. CHEMOURS CO/THE - W/I		2014-06-24	2015-07-16
	3. JOHNSON & JOHNSON COM		2015-01-12	2015-07-16
	19. ROCKWELL COLLINS INC		2015-04-13	2015-07-16
	6. SCHLUMBERGER LTD COM		2012-12-07	2015-07-16
	6. SCHLUMBERGER LTD COM		2012-06-27	2015-07-16
	5. SHERWIN-WILLIAMS CO		2015-02-27	2015-07-16
	3. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-07-16
	.4 CHEMOURS CO/THE - W/I		2014-06-24	2015-07-21
	1. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-07-21
	3. BRISTOL MYERS SQUIBB CO		2014-09-25	2015-07-22
	2. BRISTOL MYERS SQUIBB CO		2014-09-25	2015-07-22
	2. BRISTOL MYERS SQUIBB CO		2013-12-11	2015-07-22
	22. COLGATE-PALMOLIVE CO		2014-06-24	2015-07-22
	25. ROSS STORES INC		2014-06-24	2015-07-22
	1. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-07-22
	3. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-22	2015-07-23
	2. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-22	2015-07-23
	6. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-04-27	2015-07-23
	5. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-04-13	2015-07-23
	2. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-07-23
	1. ALLERGAN PLC SEDOL BY9D546		2014-12-04	2015-07-23
	3. BIOGEN INC		2012-09-18	2015-07-24
	3. BRISTOL MYERS SQUIBB CO		2013-12-12	2015-07-24
	2. VERTEX PHARMACEUTICALS INC		2011-12-01	2015-07-24
	3. BRISTOL MYERS SQUIBB CO		2013-12-12	2015-07-27
	20. EBAY INC		2015-05-29	2015-07-28
	3. MASTERCARD INC CL A		2015-07-10	2015-07-28
	20. PAYPAL HOLDINGS INC-W/I		2015-05-29	2015-07-28
	13. POLARIS INDS INC		2013-10-07	2015-07-28
	24. LEVEL 3 COMMUNICATIONS INC		2015-05-05	2015-07-30
	5. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-07-30
	5. BIOGEN INC		2012-05-14	2015-07-31
	6. SECTOR SPDR TR SBI CYCL TRANS		2015-03-31	2015-07-31
	459. SECTOR SPDR TR SBI INT-TECH		2015-03-31	2015-07-31
	35. TEXAS INSTRS INC COM		2015-03-25	2015-07-31
	53. HANESBRANDS INC - W/I		2013-10-07	2015-08-04
	51. HANESBRANDS INC - W/I		2013-10-07	2015-08-06
	33. TYSON FOODS INC CLASS A		2015-05-11	2015-08-06
	41. BAXTER INTERNATIONAL INC		2014-06-24	2015-08-10
	19. COLGATE-PALMOLIVE CO		2014-06-24	2015-08-10
	32. EOG RES INC		2015-05-04	2015-08-10
	31. MICROSOFT CORP		2015-06-26	2015-08-10
	4. BOEING CO		2011-05-10	2015-08-14
	3. SKYWORKS SOLUTIONS INC COM		2014-02-24	2015-08-14
	6. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2015-05-05	2015-08-14
	2. TRIPADVISOR INC CLASS I		2013-10-30	2015-08-18
	14. BECTON DICKINSON & CO		2013-10-07	2015-08-19
	9. FOOT LOCKER INC		2013-10-07	2015-08-19
	23. HAIN CELESTIAL GROUP INC COM		2014-11-13	2015-08-19
	2. TRIPADVISOR INC CLASS I		2013-10-23	2015-08-19
	2. TRIPADVISOR INC CLASS I		2013-10-23	2015-08-20
	2. TRIPADVISOR INC CLASS I		2013-10-24	2015-08-21
	171. ISHARES TR S&P SMLCAP 600		2015-07-31	2015-08-31
	8. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2014-06-24	2015-09-01
	17. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2015-07-10	2015-09-01
	4. CITIGROUP INC		2015-07-22	2015-09-08
	2. CITIGROUP INC		2015-07-23	2015-09-08
	8. TWITTER INC		2013-11-08	2015-09-08
	2. TRIPADVISOR INC CLASS I		2013-10-24	2015-09-09
	8. TWITTER INC		2014-04-10	2015-09-09
	12. BAXALTA INC -W/I		2014-06-24	2015-09-15
	6. BAXTER INTERNATIONAL INC		2014-06-24	2015-09-15
	1. MONSANTO CO		2011-05-10	2015-09-15
	1. CONCHO RESOURCES INC		2014-05-13	2015-09-16
	4. CONCHO RESOURCES INC		2014-11-10	2015-09-16
	3. MONSANTO CO		2011-05-10	2015-09-16
	11. MCKESSON HBOC INC COMMN		2013-10-22	2015-09-18
	6. GILEAD SCIENCES INC COM		2015-07-16	2015-09-25
	2. GILEAD SCIENCES INC COM		2015-06-30	2015-09-28
	4. GILEAD SCIENCES INC COM		2015-06-30	2015-09-29
	268. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-08-29	2015-09-30
	1. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2015-08-31	2015-09-30
	394. SECTOR SPDR TR SBI CONS STPLS		2015-08-31	2015-09-30
	2. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-04	2015-10-01
	2. GILEAD SCIENCES INC COM		2015-06-30	2015-10-01
	2. GILEAD SCIENCES INC COM		2015-06-30	2015-10-02
	13. CAMPBELL SOUP CO		2015-02-23	2015-10-05
	2. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-04	2015-10-05
	12. COLGATE-PALMOLIVE CO		2014-06-24	2015-10-05
	2. EXXON MOBIL CORP		2011-05-10	2015-10-05
	16. EXXON MOBIL CORP		2015-03-13	2015-10-05
	2. INCYTE CORPORATION		2014-01-24	2015-10-05
	1. BIOGEN INC		2012-05-14	2015-10-06
	38. HD SUPPLY HOLDINGS INC		2015-07-16	2015-10-09
	17. TIME WARNER INC		2015-03-16	2015-10-09
	5. TIME WARNER INC		2015-07-15	2015-10-09
	5. TIME WARNER INC		2013-12-27	2015-10-09
	29. VOYA FINL INC COM		2015-02-13	2015-10-09
	3. VMWARE INC CLASS A		2011-12-22	2015-10-12
	2. VMWARE INC CLASS A		2015-09-14	2015-10-12
	3. VMWARE INC CLASS A		2013-05-10	2015-10-13
	30. CAMPBELL SOUP CO		2015-02-03	2015-10-15
	2. MICROSOFT CORP		2015-06-26	2015-10-15
	27. MICROSOFT CORP		2014-06-24	2015-10-15
	2. VMWARE INC CLASS A		2013-07-19	2015-10-15
	44. BAXTER INTERNATIONAL INC		2015-01-12	2015-10-20
	14. BAXTER INTERNATIONAL INC		2014-06-24	2015-10-20
	2. FLEETCOR TECHNOLOGIES INC		2014-09-16	2015-10-21
	21. HCA HOLDINGS INC		2014-08-01	2015-10-21
	2. INCYTE CORPORATION		2014-02-14	2015-10-21
	2. AMERICAN TOWER CORP		2013-03-21	2015-10-23
	6. APPLE INC		2014-05-22	2015-10-26
	2. APPLE INC		2014-04-29	2015-10-26
	2. DOLLAR GENERAL CORP		2015-07-20	2015-10-26
	3. DOLLAR GENERAL CORP		2015-07-17	2015-10-28
	4. DOLLAR GENERAL CORP		2015-04-24	2015-10-28
	4. DOLLAR GENERAL CORP		2015-04-22	2015-10-28
	4. SBA COMMUNICATIONS CORP (IPO)		2014-02-20	2015-10-28
	3. SBA COMMUNICATIONS CORP (IPO)		2014-02-19	2015-10-28
	498. SECTOR SPDR TR SBI CYCL TRANS		2015-09-30	2015-10-28
	248. SECTOR SPDR TR SBI CYCL TRANS		2015-03-31	2015-10-28
	6. SBA COMMUNICATIONS CORP (IPO)		2014-02-25	2015-11-13
	16. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-11-26	2015-11-23
	286. SPDR TR UNIT SER 1		2015-10-28	2015-11-30
	12. SIGNET JEWELERS LTD ISIN BMG812761002 SEDOL B3CTNK6		2015-10-09	2015-12-17
	2. ALLERGAN PLC SEDOL BY9D546		2014-12-11	2015-12-22
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	989	3,080	-2,091
b	67	124	-57
c	173	213	-40
d	260	320	-60
e	336	202	134
	134	95	39
	337	236	101
	210	142	68
	292	126	166
	112	99	13
	204	466	-262
	266	231	35
	164	162	2
	317	299	18
	272	187	85
	215	307	-92
	98	63	35
	272	237	35
	203	149	54
	1,786	1,235	551
	658	649	9
	444	533	-89
	1,054	1,047	7
	205	178	27
	2,370	2,505	-135
	189	158	31
	568	675	-107
	396	316	80
	999	491	508
	379	410	-31
	208	219	-11
	816	633	183
	28,832	20,379	8,453
	2,471	2,374	97
	1,320	1,265	55
	581	1,328	-747
	1,528	1,078	450
	18,833	18,352	481
	684	649	35
	1,470	2,109	-639
	452	481	-29
	151	154	-3
	398	327	71
	2,089	702	1,387
	407	400	7
	187	193	-6
	1,172	704	468
	1,544	1,575	-31
	336	331	5
	2,435	3,022	-587
	367	463	-96
	1,468	870	598
	280	283	-3
	210	211	-1
	366	351	15
	1,356	1,601	-245
	1,042	554	488
	526	525	1
	234	175	59
	141	136	5
	211	197	14
	70	64	6
	1,152	1,448	-296
	1,385	1,443	-58
	1,578	1,621	-43
	356	266	90
	1,440	2,643	-1,203
	312	336	-24
	421	240	181
	120	81	39
	242	312	-70
	322	403	-81
	203	193	10
	1,585	1,469	116
	167	201	-34
	248	261	-13
	1,057	385	672
	100	43	57
	900	912	-12
	336	366	-30
	218	104	114
	1,758	2,158	-400
	325	315	10
	65	52	13
	452	266	186
	220	211	9
	367	319	48
	19,540	19,329	211
	18,030	18,857	-827
	1,629	1,075	554
	558	297	261
	385	137	248
	44	21	23
	349	193	156
	1,393	1,209	184
	1,420	1,370	50
	13	12	1
	496	138	358
	179	119	60
	387	137	250
	959	494	465
	343	167	176
	114	81	33
	171	223	-52
	345	429	-84
	252	298	-46
	447	418	29
	1,453	885	568
	169	196	-27
	1,016	693	323
	146	83	63
	405	517	-112
	1,824	1,533	291
	329	336	-7
	219	224	-5
	169	201	-32
	199	153	46
	5,445	4,270	1,175
	384	306	78
	330	336	-6
	291	227	64
	114	49	65
	180	56	124
	378	374	4
	166	74	92
	1,632	1,728	-96
	346	426	-80
	323	375	-52
	81	88	-7
	17,608	15,737	1,871
	6,297	4,713	1,584
	1,273	1,199	74
	2,011	1,798	213
	15,432	12,224	3,208
	145	112	33
	290	232	58
	9,380	8,619	761
	395	416	-21
	402	413	-11
	219	121	98
	2,630	3,336	-706
	67	66	1
	1,416	1,579	-163
	1,509	1,297	212
	2,076	2,626	-550
	1,430	1,335	95
	351	296	55
	882	929	-47
	266	137	129
	6	3	3
	215	104	111
	1,373	1,333	40
	949	1,252	-303
	278	124	154
	308	157	151
	205	104	101
	157	138	19
	169	74	95
	155	135	20
	127	33	94
	1,141	594	547
	1,671	836	835
	1,197	1,054	143
	204	104	100
	1,640	1,513	127
	220	110	110
	111	55	56
	1,214	751	463
	1,266	1,492	-226
	1,716	2,263	-547
	1,715	3,154	-1,439
	1,079	1,515	-436
	439	197	242
	1,344	1,468	-124
	1,652	1,199	453
	810	662	148
	391	208	183
	766	551	215
	383	337	46
	383	327	56
	5,351	3,845	1,506
	208	167	41
	326	220	106
	97	51	46
	194	103	91
	216	280	-64
	1,124	1,378	-254
	142	175	-33
	179	205	-26
	2,061	1,891	170
	842		842
	1,251	1,426	-175
	334	368	-34
	247	266	-19
	429	195	234
	41	44	-3
	392	413	-21
	87	132	-45
	2,149	2,205	-56
	184	175	9
	1,506	1,542	-36
	1,162	1,256	-94
	1,470	979	491
	1,510	1,501	9
	1,544	1,473	71
	1,301	1,518	-217
	169	184	-15
	169	178	-9
	583	246	337
	291	155	136
	422	446	-24
	463	289	174
	156	200	-44
	303	314	-11
	1,771	1,864	-93
	507	465	42
	504	368	136
	1,299	1,443	-144
	402	96	306
	5	7	-2
	131	29	102
	208	155	53
	138	103	35
	138	101	37
	1,471	1,500	-29
	1,333	844	489
	131	29	102
	254	272	-18
	167	181	-14
	207	215	-8
	173	173
	263	59	204
	316	267	49
	935	469	466
	199	152	47
	257	59	198
	194	152	42
	565	494	71
	286	284	2
	759	728	31
	1,772	1,717	55
	1,208	1,357	-149
	472	171	301
	1,595	724	871
	482	456	26
	19,564	19,174	390
	1,752	1,993	-241
	1,544	813	731
	1,446	782	664
	1,362	1,368	-6
	1,734	1,669	65
	1,307	1,295	12
	2,417	3,007	-590
	1,469	1,420	49
	581	320	261
	267	103	164
	553	596	-43
	144	177	-33
	2,052	1,400	652
	666	298	368
	1,495	1,238	257
	143	151	-8
	141	150	-9
	140	145	-5
	18,946	20,060	-1,114
	399	1,144	-745
	849	1,448	-599
	206	242	-36
	103	120	-17
	218	341	-123
	135	145	-10
	220	257	-37
	442	397	45
	216	244	-28
	91	66	25
	101	132	-31
	405	461	-56
	270	199	71
	2,241	1,590	651
	609	712	-103
	193	236	-43
	389	469	-80
	17,643	17,097	546
	66	72	-6
	18,530	18,653	-123
	291	215	76
	195	235	-40
	192	235	-43
	665	608	57
	302	215	87
	783	818	-35
	153	167	-14
	1,226	1,344	-118
	240	129	111
	276	137	139
	1,179	1,384	-205
	1,240	1,471	-231
	365	431	-66
	365	334	31
	1,164	1,256	-92
	210	235	-25
	140	160	-20
	208	225	-17
	1,489	1,402	87
	94	92	2
	1,268	1,129	139
	137	142	-5
	1,502	1,690	-188
	478	570	-92
	290	270	20
	1,491	1,373	118
	215	128	87
	198	158	40
	691	519	172
	230	171	59
	132	163	-31
	198	241	-43
	264	307	-43
	265	305	-40
	470	435	35
	352	292	60
	39,872	36,724	3,148
	19,856	18,831	1,025
	628	570	58
	1,266	683	583
	59,803	59,395	408
	1,400	1,695	-295
	619	525	94
			11,067

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			-2,091
b			-57
c			-40
d			-60
e			134
			39
			101
			68
			166
			13
			-262
			35
			2
			18
			85
			-92
			35
			35
			54
			551
			9
			-89
			7
			27
			-135
			31
			-107
			80
			508
			-31
			-11
			183
			8,453
			97
			55
			-747
			450
			481
			35
			-639
			-29
			-3
			71
			1,387
			7
			-6
			468
			-31
			5
			-587
			-96
			598
			-3
			-1
			15
			-245
			488
			1
			59
			5
			14
			6
			-296
			-58
			-43
			90
			-1,203
			-24
			181
			39
			-70
			-81
			10
			116
			-34
			-13
			672
			57
			-12
			-30
			114
			-400
			10
			13
			186
			9
			48
			211
			-827
			554
			261
			248
			23
			156
			184
			50
			1
			358
			60
			250
			465
			176
			33
			-52
			-84
			-46
			29
			568
			-27
			323
			63
			-112
			291
			-7
			-5
			-32
			46
			1,175
			78
			-6
			64
			65
			124
			4
			92
			-96
			-80
			-52
			-7
			1,871
			1,584
			74
			213
			3,208
			33
			58
			761
			-21
			-11
			98
			-706
			1
			-163
			212
			-550
			95
			55
			-47
			129
			3
			111
			40
			-303
			154
			151
			101
			19
			95
			20
			94
			547
			835
			143
			100
			127
			110
			56
			463
			-226
			-547
			-1,439
			-436
			242
			-124
			453
			148
			183
			215
			46
			56
			1,506
			41
			106
			46
			91
			-64
			-254
			-33
			-26
			170
			842
			-175
			-34
			-19
			234
			-3
			-21
			-45
			-56
			9
			-36
			-94
			491
			9
			71
			-217
			-15
			-9
			337
			136
			-24
			174
			-44
			-11
			-93
			42
			136
			-144
			306
			-2
			102
			53
			35
			37
			-29
			489
			102
			-18
			-14
			-8

			204
			49
			466
			47
			198
			42
			71
			2
			31
			55
			-149
			301
			871
			26
			390
			-241
			731
			664
			-6
			65
			12
			-590
			49
			261
			164
			-43
			-33
			652
			368
			257
			-8
			-9
			-5
			-1,114
			-745
			-599
			-36
			-17
			-123
			-10
			-37
			45
			-28
			25
			-31
			-56
			71
			651
			-103
			-43
			-80
			546
			-6
			-123
			76
			-40
			-43
			57
			87
			-35
			-14
			-118
			111
			139
			-205
			-231
			-66
			31
			-92
			-25
			-20
			-17
			87
			2
			139
			-5
			-188
			-92
			20
			118
			87
			40
			172
			59
			-31
			-43
			-43
			-40
			35
			60
			3,148
			1,025
			58
			583
			408
			-295
			94

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	44,861
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))
2014	69,755	1,535,577	0.045426
2013	66,005	1,428,630	0.046202
2012	65,607	1,331,808	0.049262
2011	62,087	1,337,633	0.046416
2010	42,773	1,244,409	0.034372

Total of line 1, column (d) .....................

20.221678

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 . . .

0.044336

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

1,523,862

Multiply line 4 by line 3......................

67,562

Enter 1% of net investment income (1% of Part I, line 27b)...........

673

Add lines 5 and 6........................

68,235

Enter qualifying distributions from Part XII, line 4.............

73,678

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2015)

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 here and 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	673
	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	0
3	Add lines 1 and 2...........................	3	673
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	673
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	2,900
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,900
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
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	2,227
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax338	Refunded	11	1,889

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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

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

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

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

PNC BANK NA Telephone no. bullet

(412) 768-9969

Located at bullet

620 LIBERTY AVEPITTSBURGHPA ZIP+4 bullet

152222705

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 2015, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

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 2015?.............

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 2015, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2015?.............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 2015 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2015.)..................

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 2015?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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 (2015)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PNC BANK NA	TRUSTEE 4	18,107
620 LIBERTY AVE PITTSBURGH,PA152222705	TRUSTEE 4	18,107

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...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. 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

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

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

1,547,068

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

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

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

1,547,068

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

1,547,068

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

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

23,206

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

1,523,862

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

76,193

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

76,193

Tax on investment income for 2015 from Part VI, line 5......

673

Income tax for 2015. (This does not include the tax from Part VI.)...

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

673

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

75,520

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

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

75,520

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

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

75,520

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 ..........

73,678

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

73,678

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

673

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

73,005

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2015)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2014	(c) 2014	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7					75,520
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				64,624
b Total for prior years:2013, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	0
b From 2011......	0
c From 2012......	0
d From 2013......	0
e From 2014......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2015 from Part
XII, line 4: $ 73,678
a Applied to 2014, but not more than line 2a				64,624
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2015 distributable amount.....					9,054
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2015.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					66,466
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2011....	0
b Excess from 2012....	0
c Excess from 2013....	0
d Excess from 2014....	0
e Excess from 2015....	0

Form 990-PF (2015)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2015, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in 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) 2015	(b) 2014	(c) 2013	(d) 2012	(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).)

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 email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

Form 990-PF (2015)

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
EASTER SEAL WESTERN ATTN ACCOUNTING DEPARTMENT CENTRAL PENNSYLVANIA PITTSBURGH,PA15229	NONE	PC	GENERAL SUPPORT	8,078
NORTHWEST HOSPITAL FDN ATTN THERESA EDDER 100 FAIRFIELD DRIVE SENECA,PA163462130	NONE	PC	GENERAL SUPPORT	8,078
FIRST UNITED METHODIST CHURCH 1102 LIBERTY ST FRANKLIN,PA163231223	NONE	PC	GENERAL SUPPORT	8,078
FRANKLIN LIBRARY ASSN 421 12TH ST FRANKLIN,PA163231299	NONE	PC	GENERAL SUPPORT	8,078
SHRINERS HOSPITALS FOR CHILDREN ATTN TRUST/ INVESTMENT ACCOUNTING TEAM TAMPA,FL33631	NONE	PC	GENERAL SUPPORT	32,312
Total ................................. 3a				64,624

bApproved for future payment

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

Form 990-PF (2015)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(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 ...........
4 Dividends and interest from securities....			14	32,962
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	44,861
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aSANOFI SPONSORED A			14	1
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				77,824

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

1377,824

(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 (2015)

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 organizations?

Yes

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 EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	488,782	465,586
MUTUAL FUNDS - EQUITY	AT COST	408,941	388,379

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MAP MANAGEMENT FEES	1,466	1,466		0
ADR SERVICE FEES	3	3		0

Category	Amount	Net Investment Income
FOREIGN TAXES	23	23
FEDERAL TAX PAYMENT - PRIOR YE	1,214	0
FEDERAL ESTIMATES - PRINCIPAL	2,900	0

Description	Amount
MANDATORY MYLAN EXCHANGE	449
BAXALTA/BAXTER MERGER	65