Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
 
Number and street (or P.O. box number if mail is not delivered to street address)1100 WEHRLE DRIVE 2ND FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BUFFALO, NY14221
A Employer identification number

23-6745697
B Telephone number (see instructions)

(716) 842-5581
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,333,920J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 4,801
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 24,935 24,832  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 59,334
b Gross sales price for all assets on line 6a 1,268,378
7 Capital gain net income (from Part IV, line 2)... 59,334
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).......      
12 Total. Add lines 1 through 11........ 89,070 84,166  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 13,881 13,881    
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).... Click to see attachment 369 369   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,179 629   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,429 14,879 0 0
25 Contributions, gifts, grants paid....... 67,500 67,500
26 Total expenses and disbursements. Add lines 24 and 25 83,929 14,879 0 67,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,141
b Net investment income (if negative, enter -0-) 69,287
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 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.............   1,991 1,991
2 Savings and temporary cash investments......... 24,542 47,186 47,186
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
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).......      
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).......... 1,288,238 Click to see attachment1,270,820 1,284,743
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,312,780 1,319,997 1,333,920
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 1,312,780 1,319,997
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)..... 1,312,780 1,319,997
31 Total liabilities and net assets/fund balances (see instructions). 1,312,780 1,319,997
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
1,312,780
2
Enter amount from Part I, line 27a .....................
2
5,141
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,700
4
Add lines 1, 2, and 3 ..........................
4
1,320,621
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
624
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,319,997
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 1. AFFILIATED MANAGERS GROUP   2014-07-30 2015-01-08
b 2. AFFILIATED MANAGERS GROUP   2013-05-03 2015-01-08
c 7. CELGENE CORPORATION   2014-05-28 2015-01-13
d 1. PRICELINE.COM INCORPORATED   2011-03-10 2015-01-13
e 5. SKYWORKS SOLUTIONS INCORPORATED   2014-08-06 2015-01-13
8. PRECISION CASTPARTS CORPORATION   2014-06-30 2015-01-22
2. PRECISION CASTPARTS CORPORATION   2014-05-28 2015-01-26
3. PRECISION CASTPARTS CORPORATION   2014-09-10 2015-01-26
2. VISA INC   2014-09-10 2015-01-26
60. FMC TECHNOLOGIES INCORPORATED   2014-06-30 2015-01-28
1. GOOGLE INC CL A   2014-05-28 2015-02-02
1. BIOGEN, INC   2011-10-26 2015-02-04
1. CELGENE CORPORATION   2014-05-28 2015-02-04
4. MONSTER BEVERAGE CORP   2014-05-28 2015-02-04
23. SANDISK CORPORATION   2014-08-22 2015-02-27
8. SANDISK CORPORATION   2014-10-21 2015-02-27
3. TRACTOR SUPPLY COMPANY COMMON   2014-07-14 2015-02-27
2. TRACTOR SUPPLY COMPANY COMMON   2013-05-03 2015-02-27
2. ALLIANCE DATA SYSTEMS CORP   2014-05-28 2015-04-07
2. AMAZON.COM INCORPORATED   2009-08-20 2015-04-07
1. PRICELINE.COM INCORPORATED   2011-03-10 2015-04-07
29. SCHWAB CHARLES CORPORATION   2014-05-28 2015-04-07
28. MICHAEL KORS HOLDINGS LTD   2013-05-03 2015-04-07
11. MICHAEL KORS HOLDINGS LTD   2014-07-29 2015-04-07
5. ADVANCE AUTO PARTS   2014-10-24 2015-04-23
7. BIOGEN, INC   2011-10-26 2015-04-23
.0165 GOOGLE INC CLASS C   2014-05-28 2015-05-06
2. STARBUCKS CORPORATION   2014-05-28 2015-05-06
10. STARBUCKS CORPORATION   2014-11-25 2015-05-06
61. SOUTHWEST AIRLS CO COMMON ~   2015-03-10 2015-05-27
4. SKYWORKS SOLUTIONS INCORPORATED   2014-08-06 2015-06-05
2. EOG RESOURCES INCORPORATED   2015-04-23 2015-06-15
3. GILEAD SCIENCES INCORPORATED   2014-05-28 2015-06-15
12. EOG RESOURCES INCORPORATED   2015-04-23 2015-06-24
2874.84 MSIF SMALL CO GR PORT CL IS   2014-05-28 2015-07-06
1203.478 MSIF GROWTH PORTFOLIO CL IS   2014-09-15 2015-07-06
462.395 MSIF GROWTH PORTFOLIO CL IS   2014-05-28 2015-07-06
25. EOG RESOURCES INCORPORATED   2014-12-08 2015-07-13
3. EOG RESOURCES INCORPORATED   2015-02-04 2015-07-13
10. ALLIANCE DATA SYSTEMS CORP   2014-05-28 2015-07-17
25. UNITED RENTALS INC COM   2015-01-26 2015-07-27
9. APPLE COMPUTER INC COMMON   2014-11-25 2015-07-29
849.618 DIAMOND HILL LARGE-CAP CL I   2014-05-28 2015-07-31
5652.083 WILMINGTON MID CAP GROWTH FUND -I   2014-05-28 2015-08-05
8. APPLE COMPUTER INC COMMON   2014-11-25 2015-08-06
26. VMWARE INC   2014-05-28 2015-08-10
7. VMWARE INC   2015-02-27 2015-08-10
25. SCHWAB CHARLES CORPORATION   2014-05-28 2015-08-13
995.724 DIAMOND HILL LARGE-CAP CL I   2014-05-28 2015-08-18
1005.998 T ROWE PRICE LRG CAP GROWTH FD INST   2014-09-15 2015-08-18
300. ISHARES GLOBAL ENERGY ETF   2014-12-23 2015-08-18
283. ISHARES RUSSELL 2000 VALUE ETF   2014-05-28 2015-08-18
942.066 MFS INTL NEW DISCOVERY CL I   2014-05-28 2015-08-18
1772.618 STERLING CAPITAL MID-CAP VALUE CL-I   2014-05-28 2015-08-18
3973.51 WILMINGTON MULTI-MGR INTERNATIONAL-I   2013-05-03 2015-08-18
10. ALIBABA GROUP HOLDING LTD SPONS ADR   2015-08-06 2015-08-26
25. ALIBABA GROUP HOLDING LTD SPONS ADR   2015-02-02 2015-08-26
16. ADVANCE AUTO PARTS   2014-10-08 2015-09-15
23. MCGRAW HILL INC COMMON ~   2015-06-24 2015-09-23
1. SHERWIN-WILLIAMS CO COMMON   2015-03-10 2015-09-23
2. SHERWIN-WILLIAMS CO COMMON   2015-05-29 2015-09-23
5. COSTCO WHOLESALE CORPORATION   2015-01-08 2015-09-29
2. SHERWIN-WILLIAMS CO COMMON   2015-03-10 2015-09-29
433.93 PARAMETRIC EMERGING MARKETS CL I   2015-08-18 2015-10-01
8. STARBUCKS CORPORATION   2014-05-28 2015-10-15
1. PRICELINE.COM INCORPORATED   2015-07-27 2015-11-17
4. SKYWORKS SOLUTIONS INCORPORATED   2015-08-06 2015-11-17
2. SKYWORKS SOLUTIONS INCORPORATED   2014-08-06 2015-11-17
185.415 LSV VALUE EQUITY FUND STRATEGY   2015-08-18 2015-11-25
3449.09 DEUTSCHE FLOATING RATE FUND CL I   2014-05-28 2015-11-25
2780.36 FPA NEW INCOME FUND   2014-05-28 2015-11-25
35.916 HARBOR INTERNATIONAL FUND #11   2014-05-28 2015-11-25
813.203 T ROWE PRICE LRG CAP GROWTH FD INST   2014-09-15 2015-11-25
100. ISHARES RUSSELL 2000 GROWTH ETF   2015-08-18 2015-11-25
5913.597 SCOUT UNCONSTRAINED BOND CL I   2014-05-28 2015-11-25
209.732 VANGUARD #94 INSTITUTIONAL INDEX   2014-12-24 2015-11-25
317.343 VANGUARD #94 INSTITUTIONAL INDEX   2015-07-06 2015-11-25
26. VANGUARD HEALTH CARE ETF   2015-08-18 2015-11-25
11. VANGUARD INDUSTRIALS ETF   2015-08-18 2015-11-25
17. VANGUARD INFORMATION TECHNOLOGY ETF   2015-08-18 2015-11-25
5989.783 WILMINGTON MULTI-MNGR ALT FD CLASS I   2014-05-28 2015-11-25
4375.589 WILMINGTON MULTI-MGR REAL ASSET - I   2014-05-28 2015-11-25
3921.22 WILMINGTON SHORT TERM BOND FUND-I   2009-08-21 2015-11-25
12690.956 WILMINGTON MULTI-MGR INTERNATIONAL-I   2013-05-03 2015-11-25
14717.408 WILMINGTON BROAD MARKET BOND FUND -I   2009-08-21 2015-11-25
2931.527 VANGUARD SHORT-TERM INV GRD CL ADML   2015-11-25 2015-12-02
49.102 LSV VALUE EQUITY FUND STRATEGY   2015-08-18 2015-12-14
351.13 DREYFUS HIGH YIELD FD - CL I   2015-12-02 2015-12-14
1305.155 FEDERATED TOTAL RETURN BOND CL I   2015-11-25 2015-12-14
37.069 HARBOR INTERNATIONAL FUND #11   2014-05-28 2015-12-14
72.349 MSIF GROWTH PORTFOLIO CL IS   2015-11-25 2015-12-14
183.475 RIDGEWORTH SEIX FLTNG RT HI INC FD I   2009-08-21 2015-12-14
73.197 VANGUARD INFLATION-PROTECTED CL ADML   2015-11-25 2015-12-14
356.657 VANGUARD SHORT-TERM INV GRD CL ADML   2015-11-25 2015-12-14
9. VANGUARD HEALTH CARE ETF   2015-08-18 2015-12-14
9. VANGUARD INFORMATION TECHNOLOGY ETF   2015-08-18 2015-12-14
12. VANGUARD REIT ETF   2015-11-25 2015-12-14
26. ADOBE SYSTEMS INCORPORATED   2014-05-28 2015-12-28
7. AFFILIATED MANAGERS GROUP   2013-05-03 2015-12-28
1. ALEXION PHARMACEUTICALS INC   2014-10-08 2015-12-28
2. ALPHABET INC CL C   2015-07-29 2015-12-28
2. ALPHABET INC CL A   2014-05-28 2015-12-28
1. AMAZON.COM INCORPORATED   2009-08-20 2015-12-28
10. APPLE COMPUTER INC COMMON   2014-10-21 2015-12-28
2. CANADIAN PACIFIC RAILWAY LTD   2015-11-17 2015-12-28
3. CANADIAN PACIFIC RAILWAY LTD   2015-06-24 2015-12-28
7. CANADIAN PACIFIC RAILWAY LTD   2013-05-03 2015-12-28
2. CELGENE CORPORATION   2014-05-28 2015-12-28
8. CENTENE CORPORATION   2015-08-10 2015-12-28
16. CENTENE CORPORATION   2015-04-28 2015-12-28
27. CERNER CORPORATION   2013-05-03 2015-12-28
9. COSTCO WHOLESALE CORPORATION   2015-01-08 2015-12-28
17. EDWARDS LIFESCIENCES CORPORATION   2015-09-09 2015-12-28
24. ELECTRONIC ARTS   2015-07-13 2015-12-28
36. FORTINET INC   2015-07-22 2015-12-28
22. GILEAD SCIENCES INCORPORATED   2014-05-28 2015-12-28
18. IDEXX LABORATORIES INCORPORATED   2015-01-29 2015-12-28
14. MONSTER BEVERAGE CORP   2014-05-28 2015-12-28
10. NIKE INC CLASS B ~   2015-09-23 2015-12-28
5. O'REILLY AUTOMOTIVE INC   2015-09-29 2015-12-28
29. SCHWAB CHARLES CORPORATION   2015-09-29 2015-12-28
21. SCHWAB CHARLES CORPORATION   2014-05-28 2015-12-28
2. SHERWIN-WILLIAMS CO COMMON   2015-02-04 2015-12-28
5. SHERWIN-WILLIAMS CO COMMON   2014-12-18 2015-12-28
16. SKYWORKS SOLUTIONS INCORPORATED   2014-08-06 2015-12-28
20. TRACTOR SUPPLY COMPANY COMMON   2013-05-03 2015-12-28
18. DELPHI AUTOMOTIVE PLC   2015-06-15 2015-12-28
15. NXP SEMICONDUCTORS NV   2015-03-16 2015-12-28
CAPITAL GAIN DIVIDENDS P    
(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 205   206 -1
b 411   310 101
c 830   544 286
d 1,052   459 593
e 371   259 112
1,628   2,020 -392
414   505 -91
620   725 -105
514   429 85
2,255   3,465 -1,210
535   573 -38
388   117 271
115   78 37
465   275 190
1,812   2,249 -437
630   685 -55
267   182 85
178   110 68
592   513 79
752   168 584
1,190   459 731
866   733 133
1,788   1,641 147
702   1,013 -311
768   707 61
2,961   819 2,142
9   9  
99   73 26
496   403 93
2,209   2,659 -450
420   207 213
177   196 -19
350   247 103
1,062   1,169 -107
50,281   49,792 489
50,570   48,440 2,130
19,430   17,515 1,915
2,113   2,218 -105
254   283 -29
3,017   2,565 452
1,599   2,599 -1,000
1,107   1,072 35
20,000   18,904 1,096
98,720   74,725 23,995
928   921 7
2,209   2,475 -266
595   589 6
849   632 217
23,549   22,155 1,394
31,025   28,379 2,646
9,611   11,411 -1,800
27,583   27,975 -392
27,725   28,328 -603
35,275   34,637 638
30,000   29,245 755
689   799 -110
1,722   2,243 -521
2,788   2,158 630
2,093   2,420 -327
235   284 -49
470   580 -110
715   728 -13
440   567 -127
5,090   5,424 -334
471   259 212
1,274   1,189 85
302   359 -57
151   104 47
4,424   4,519 -95
29,835   32,525 -2,690
27,831   28,666 -835
2,290   2,644 -354
24,827   17,326 7,501
14,650   15,159 -509
67,001   68,775 -1,774
40,162   40,000 162
60,768   60,000 768
3,457   3,711 -254
1,154   1,158 -4
1,895   1,840 55
63,731   64,390 -659
58,370   68,283 -9,913
39,291   39,487 -196
89,979   79,017 10,962
140,993   139,668 1,325
31,133   31,133  
1,121   1,197 -76
2,019   2,117 -98
13,926   14,043 -117
2,249   2,729 -480
3,098   3,156 -58
1,510   1,545 -35
1,857   1,878 -21
3,777   3,788 -11
1,156   1,285 -129
966   974 -8
928   950 -22
2,438   1,697 741
1,131   1,083 48
188   168 20
1,506   1,258 248
1,540   803 737
666   84 582
1,075   999 76
255   275 -20
382   503 -121
891   885 6
241   155 86
520   575 -55
1,039   1,150 -111
1,632   1,310 322
1,450   1,310 140
1,348   1,238 110
1,644   1,756 -112
1,140   1,556 -416
2,263   1,812 451
1,321   1,466 -145
2,080   964 1,116
632   582 50
1,263   1,229 34
951   794 157
688   531 157
526   547 -21
1,316   1,248 68
1,260   829 431
1,700   1,101 599
1,555   1,534 21
1,287   1,458 -171
      18,041
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       -1
b       101
c       286
d       593
e       112
      -392
      -91
      -105
      85
      -1,210
      -38
      271
      37
      190
      -437
      -55
      85
      68
      79
      584
      731
      133
      147
      -311
      61
      2,142
       
      26
      93
      -450
      213
      -19
      103
      -107
      489
      2,130
      1,915
      -105
      -29
      452
      -1,000
      35
      1,096
      23,995
      7
      -266
      6
      217
      1,394
      2,646
      -1,800
      -392
      -603
      638
      755
      -110
      -521
      630
      -327
      -49
      -110
      -13
      -127
      -334
      212
      85
      -57
      47
      -95
      -2,690
      -835
      -354
      7,501
      -509
      -1,774
      162
      768
      -254
      -4
      55
      -659
      -9,913
      -196
      10,962
      1,325
       
      -76
      -98
      -117
      -480
      -58
      -35
      -21
      -11
      -129
      -8
      -22
      741
      48
      20
      248
      737
      582
      76
      -20
      -121
      6
      86
      -55
      -111
      322
      140
      110
      -112
      -416
      451
      -145
      1,116
      50
      34
      157
      157
      -21
      68
      431
      599
      21
      -171
       
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 59,334
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 89,130 1,432,869 0.062204
2013 67,200 1,396,081 0.048135
2012 65,100 1,335,633 0.048741
2011 60,000 1,370,080 0.043793
2010 52,000 1,286,489 0.04042
2
Total of line 1, column (d) .....................
20.243293
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
0.048659
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,388,510
5
Multiply line 4 by line 3......................
5
67,564
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
693
7
Add lines 5 and 6........................
7
68,257
8
Enter qualifying distributions from Part XII, line 4.............
8
67,500
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,386
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,386
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 1,386
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 1,572
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 1,572
8 Enter any penalty for underpayment of estimated tax. if 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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 186
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet186 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletM AND T TRUST COMPANY Telephone no.bullet (716) 842-5581

    Located atbullet1100 WEHRLE DRIVE 2ND FLOORBUFFALONY ZIP+4bullet14221
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    M AND T BANK TRUSTEE
    4     		13,881    
    1100 WEHRLE DRIVE 2ND FLOOR
    BUFFALO,NY14221
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 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.............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
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,376,726
    b
    Average of monthly cash balances.......................
    1b
    32,929
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,409,655
    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
    1,409,655
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    21,145
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,388,510
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    69,426
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    69,426
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,386
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,386
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    68,040
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    2,700
    5
    Add lines 3 and 4............................
    5
    70,740
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    70,740
    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
    67,500
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    67,500
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    67,500
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 70,740
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 46,507
    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: bullet$ 67,500
    a Applied to 2014, but not more than line 2a 46,507
    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..... 20,993
    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 ..........     		49,747
    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)
    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 section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DIANE RIMER
    ONE M T PLAZA 8TH FLOOR
    BUFFALO,NY14203
    (717) 852-3011
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITING
    cAny submission deadlines:
    ONGOING
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    PENN STATE UNIVERSITY
    103 SHIELDS BUILDING
    UNIVERSITY PARK,PA16802     		NONE PC SCHOLARSHIP 7,500
    YORK COLLEGE
    441 COUNTRY CLUB ROAD
    YORK,PA17403     		NONE PC SCHOLARSHIP 5,000
    MILLERSVILLE UNIVERSITY
    PO BOX 1002
    MILLERSVILLE,PA17551     		NONE PC SCHOLARSHIP 5,000
    LEBANON VALLEY COLLEGE
    101 COLLEGE AVENUE
    ANNVILLE,PA17003     		NONE PC SCHOLARSHIP 5,000
    UNIVERSITY OF RICHMOND
    28 WESTHAMPTON WAY
    RICHMOND,VA23173     		NONE PC SCHOLARSHIP 5,000
    DUQUESNE UNIVERSITY
    600 FORBES AVE
    PITTSBURGH,PA15282     		NONE PC SCHOLARSHIP 5,000
    DELAWARE STATE UNIVERSITY
    OFFICE OF FINANCIAL AID
    1200 NORTH DUPONT HIGHWAY
    DOVER,DE19901     		NONE PC SCHOLARSHIP 5,000
    UNIVERSITY OF DELAWARE
    CASHIERS OFFICE
    30 LOVETT AVE
    NEWARK,DE19716     		NONE PC SCHOLARSHIP 5,000
    DREXEL UNIVERSITY
    PO BOX 8215
    PHILADELPHIA,PA191019684     		NONE PC EDUCATIONAL SCHOLARSHIP 5,000
    KUTZTOWN UNIVERSITY
    15200 KUTZTOWN RD
    KUTZTOWN,PA19530     		NONE PC EDUCATIONAL SCHOLARSHIP 5,000
    MESSIAH COLLEGE
    1 COLLEGE AVENUE
    MECHANICSBURG,PA17055     		NONE PC EDUCATIONAL SCHOLARSHIP 5,000
    SHIPPENSBURG UNIVERSITY OF PENNSYLVANIA
    1871 OLD MAIN DR
    SHIPPENSBURG,PA17257     		NONE PC EDUCATIONAL SCHOLARSHIP 5,000
    VALLEY FORGE MILITARY COLLEGE
    1001 EAGLE RD
    WAYNE,PA19087     		NONE PC EDUCATIONAL SCHOLARSHIP 5,000
    Total .................................bullet 3a 67,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 24,935  
    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 59,334  
    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)..   84,269  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1384,269
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


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

    23-6745697
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
          		Employer identification number
    23-6745697
    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
    RAY B HOWARD TRUST UNDER WILL
     

       
    1100 WEHRLE DRIVE 2ND FLOOR
     
    BUFFALO, NY14221

    		$ 4,801


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
          		Employer identification number

    23-6745697
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
          		Employer identification number

    23-6745697
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 InvestmentsOtherSchedule2
    Name:
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
    EIN:
    23-6745697
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HARBOR INT'L FUND #11 AT COST 107,521 107,403
    LSV VALUE EQUITY FUND AT COST 91,540 95,320
    RIDGEWORTH SEIX FLOATING RATE AT COST 36,288 35,607
    FACEBOOK INC-A AT COST 5,770 8,059
    SHERWIN WILLIAMS CO COM AT COST 1,480 1,558
    AMAZON.COM INC AT COST 674 5,407
    WILMINGTON MID CAP GROWTH      
    SKYWORKS SOLUTIONS INC AT COST 829 1,229
    APPLE INC AT COST 1,686 4,105
    ADOBE SYSTEMS COMMON AT COST 1,697 2,442
    WILMINGTON SHORT-TERM CORP      
    WILMINGTON MULTI-MGR INTL      
    WILMINGTON BROAD MARKET      
    ALIBABA GROUP HOLDING LTD SPON      
    EOG RESOURCES INC COM      
    ALLIANCE DATA SYSTEMS CORP      
    CHIPOTLE MIXICAN GRILL AT COST 496 480
    VMWARE INC      
    PRICELINE.COM AT COST 3,374 5,100
    ADVANCE AUTO PARTS      
    MONSTER BEVERAGE CORP AT COST 1,032 2,234
    ALEXION PHARMACEUTICALS AT COST 1,121 3,434
    BIOGEN IDEC      
    GILEAD SCIENCES INC COM AT COST 1,730 2,125
    PRECISION CASTPARTS CORP COM      
    ARM HOLDINGS PLC AT COST 1,153 1,131
    GOOGLE INC CL A      
    SANDISK CORP COM      
    UNITED RENTALS INC COM      
    LITMAN GREGORY MASTERS INTL AT COST 75,593 72,578
    GOOGLE INC CLASS C      
    SCHWAB CHARLES CORP NEW COM AT COST 1,289 1,679
    VISA INC AT COST 2,269 6,126
    CANADIAN PAACIFIC RAILWAY AT COST 1,517 1,531
    MICHAEL KORS HOLDINGS      
    STARBUCKS CORP AT COST 3,988 6,723
    TRACTOR SUPPLY COMPANY AT COST 1,101 1,710
    AFFILIATED MANAGERS GROUP AT COST 1,083 1,118
    CELGENE CORP AT COST 2,578 5,030
    CERNER CORP AT COST 1,213 1,504
    LINKEDIN CORP AT COST 3,204 3,151
    T ROWE PRICE LARGE CAP      
    WILMINGTON MULTI-MGR REAL      
    FMC TECHNOLOGIES INC COM      
    DEUTCHE FLOATING RATE FUND      
    FPA NEW INCOME FUND      
    SCOUT UNCONSTRATINED BOND FUND      
    DIAMOND HILL LARGE-CAP FUND      
    MORGAN STANLEY INSTL FUND AT COST 85,206 91,243
    MORGAN STANLEY INSTL SMALL CO      
    STERLING CAPITAL MID-CAP GROWT      
    VANGUARD INSTL INDEX FD      
    WILMINGTON MULTI-MGR ALTERNATI      
    MFS INT NEW DISCOVERY FD AT COST 19,752 18,665
    ISHARES GLOBAL ENERGY ETF      
    ISHARES RUSSELL 2000 VALUE ETF      
    DREYFUS HIGH YIELD FD AT COST 67,595 65,363
    FEDERATED TOTAL RTRN BD FD CL AT COST 263,200 260,510
    VANGUARD INFLATION PROTECTED S AT COST 35,918 35,288
    VANGUARD SH TERM INVEST GRADE AT COST 62,090 61,740
    PALO ALTO NETWORKS AT COST 1,603 1,585
    RESTORATION HARDWARE HOLDING AT COST 480 477
    TRANSDIGM GROUP INC AT COST 1,585 1,599
    WORKDAY INC-A AT COST 955 956
    DELPHI AUTOMOTIVE PLC AT COST 1,587 1,629
    WALT DISNEY CO AT COST 1,599 1,576
    DOMINO'S PIZZA INC AT COST 549 556
    THE MIDDLEBY CORP AT COST 1,198 1,187
    NIKE INC CL B AT COST 1,746 1,875
    O'REILLY AUTOMOTIVE INC AT COST 1,475 1,521
    TJX COMPANIES COM AT COST 1,343 1,347
    TRIPADVISOR INC AT COST 935 938
    ULTA SALON COSMETICS & FRAGRAN AT COST 3,806 4,440
    UNDER ARMOUR INC AT COST 2,031 2,015
    COSTCO WHOLESALE CORP COM AT COST 1,425 1,615
    BIOGEN INC AT COST 1,208 1,225
    BIOMARIN PHARMACEUTICAL INC AT COST 537 524
    CENTENE CORP AT COST 1,683 1,579
    EDWARDS LIFESCIENES CORP COM AT COST 1,166 1,343
    IDEXX LABS COMMON AT COST 1,395 1,313
    ILLUMINA INC AT COST 1,704 1,728
    REGENERON PHARMACEUTICALS INC AT COST 2,682 2,714
    ALPHABET INC CL A AT COST 230 778
    ALPHABET INC CL C AT COST 2,708 4,553
    BAIDU INC SPONSORED AMERICAN D AT COST 958 945
    ELECTRONICS ARTS COM AT COST 1,840 1,787
    FORTINET INC AT COST 1,512 1,184
    MASTERCARD INC AT COST 2,557 2,531
    NXP SEMICONDUCTORS NV AT COST 1,459 1,517
    PAYPAL HOLDINGS INC AT COST 925 905
    SALESFORCE COM INC AT COST 4,275 4,547
    SPLUNK INC AT COST 1,073 1,117
    FEDERATED STRATEGIC VAL AT COST 50,395 47,530
    VANGUARD S/C VAL INDEX FD CL I AT COST 19,275 17,902
    ISHARES CURRENCY HEDGED MSCI E AT COST 10,764 10,767
    WISDOMTREE JAPAN HEDGED EQUITY AT COST 15,303 13,622
    CREDIT SUISSE COMMODITY RTRN AT COST 12,599 12,038
    PARAMETRIC EMERGING MARKETS FD AT COST 24,646 22,775
    ISHARES RUSSELL 2000 GROWTH ET AT COST 19,707 18,106
    VANGUARD CONSUMER DISCRETIONAR AT COST 20,434 19,608
    VANGUARD ENERGY ETF AT COST 10,417 8,977
    VANGUARD FINANCIALS ETF AT COST 33,796 32,849
    VANGUARD HEALTH CARE ETF AT COST 38,011 36,542
    VANGUARD INDUSTRIALS ETF AT COST 14,638 14,043
    VANGUARD INFORMATION TECHNOLOG AT COST 39,941 39,959
    VANGUARD REIT ETF AT COST 24,309 24,477
    VANGUARD TELECOM SERVICES AT COST 2,369 2,349

    TY 2015 OtherDecreasesSchedule
    Name:
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
    EIN:
    23-6745697
    Description Amount
    MUTUAL FUND ADJUSTMENT 621
    ROUNDING 3


    TY 2015 OtherIncreasesSchedule
    Name:
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
    EIN:
    23-6745697
    Description Amount
    RECOVERY OF 2014 DISTRIBUTION 2,700


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
    EIN:
    23-6745697
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT FEES-SUBJECT T 369 369    


    TY 2015 SubstantialContributorsSch
    Name:
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
    EIN:
    23-6745697
    Name Address
    RAY B HOWARD TRUST UNDER WILL
          		1100 WEHRLE DRIVE 2ND FLOOR
    BUFFALO,NY14221


    TY 2015 TaxesSchedule
    Name:
    SERGEANT PHILIP GERMAN MEMORIAL FDN CTW
    EIN:
    23-6745697
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5 5   0
    FEDERAL ESTIMATED TAX DEPOSITS 1,550 0   0
    FOREIGN TAXES ON QUALIFIED FOR 577 577   0
    FOREIGN TAXES ON NONQUALIFIED 47 47   0