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
THE ERIK AND ESE BANCK
CLINICAL RESEARCH CENTER
Number and street (or P.O. box number if mail is not delivered to street address)8716 PRODUCTION AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN DIEGO, CA92121
A Employer identification number

33-0570710
B Telephone number (see instructions)

(858) 271-0049
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$11,290,426J 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)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 260,798 260,798  
4 Dividends and interest from securities... 409,930 409,930  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 93,440
b Gross sales price for all assets on line 6a 1,224,150
7 Capital gain net income (from Part IV, line 2)... 93,440
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 764,168 764,168  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 290,000 14,500   275,500
14 Other employee salaries and wages...... 149,560 0   149,560
15 Pension plans, employee benefits....... 78,557 2,591   75,966
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,783 4,948   6,835
c Other professional fees (attach schedule)....        
17 Interest............... 6,989 0   6,989
18 Taxes (attach schedule) (see instructions)... Click to see attachment 62,566 1,030   46,243
19 Depreciation (attach schedule) and depletion... Click to see attachment 34,479 0  
20 Occupancy.............. 30,277 0   30,277
21 Travel, conferences, and meetings....... 383 0   383
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 50,915 210   50,705
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 715,509 23,279   642,458
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 715,509 23,279   642,458
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 48,659
b Net investment income (if negative, enter -0-) 740,889
c Adjusted net income (if negative, enter -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............. 102,911 59,387 59,387
2 Savings and temporary cash investments......... 417,205 747,933 747,933
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,467,988 Click to see attachment4,468,001 5,121,833
c Investments—corporate bonds (attach schedule)....... 4,854,678 Click to see attachment4,650,801 4,105,737
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,577,180
Less: accumulated depreciation (attach schedule) bullet420,376 1,191,283 Click to see attachment1,156,804 1,156,804
15 Other assets (describe bullet) Click to see attachment98,732 Click to see attachment98,732 Click to see attachment98,732
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,132,797 11,181,658 11,290,426
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)...... 1,008,209 Click to see attachment1,008,411
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 1,008,209 1,008,411
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 10,124,588 10,173,247
30 Total net assets or fund balances (see instructions)..... 10,124,588 10,173,247
31 Total liabilities and net assets/fund balances (see instructions). 11,132,797 11,181,658
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
10,124,588
2
Enter amount from Part I, line 27a .....................
2
48,659
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,173,247
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
10,173,247
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 MERRILL LYNCH P    
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,224,150   1,130,710 93,440
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       93,440
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 93,440
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 624,297 11,025,538 0.056623
2013 622,879 10,635,667 0.058565
2012 607,757 10,556,935 0.057569
2011 626,285 10,716,225 0.058443
2010 565,224 10,474,603 0.053961
2
Total of line 1, column (d) .....................
20.285161
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
0.057032
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
10,459,499
5
Multiply line 4 by line 3......................
5
596,526
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7,409
7
Add lines 5 and 6........................
7
603,935
8
Enter qualifying distributions from Part XII, line 4.............
8
642,458
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 7,409
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 7,409
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 7,409
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 8,055
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,055
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 646
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet646 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
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)
    bulletCA
    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. ...............................
    10
     
    No
    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 addressbulletWWW.GUIDESTAR.ORG
    14
    The books are in care ofbulletDR RICHARD REID Telephone no.bullet (858) 271-0049

    Located atbullet8516 PRODUCTION AVESAN DIEGOCA ZIP+4bullet92121
    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
     
     
    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
     
     
    .........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
    ROBERT T REID MD TREASURER
    40.00     		140,000 11,200 0
    15976 EAGLE VIEW LN
    SAN DIEGO,CA92082
    RICHARD T REID PHD PRESIDENT
    40.00     		150,000 12,000 0
    11385 FAIRWIND CT
    SAN DIEGO,CA92130
    GERRY SANFORD DIRECTOR
    0.50     		0 0 0
    2734 CAMINITO VERDUGO
    SAN DIEGO,CA92014
    SUMMER STEPHAN ESQ DIRECTOR
    0.50     		0 0 0
    PO BOX 2788
    RANCHO SANTA FE,CA92067
    BESSIE CHIN-CIARDELLA DIRECTOR
    0.50     		0 0 0
    PO BOX 8332
    RANCHO SANTA FE,CA92067
    GERRY HARK DIRECTOR
    0.50     		0 0 0
    3449 ADDISON ST
    SAN DIEGO,CA92106
    HON JOSEPH M RAGUSA RET DIRECTOR
    0.50     		0 0 0
    18352 SAINT ETIENNE LANE
    SAN DIEGO,CA92128
    TADIMETI RAO PHD DIRECTOR
    0.50     		0 0 0
    11407 FAIRWIND CT
    SAN DIEGO,CA92130
    JAMES RUSSELL ESQ SECRETARY
    0.50     		0 0 0
    12321 CAMINITO ESMERO
    SAN DIEGO,CA92130
    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
    THOMAS J KAIDO SR. RESEARCH SCIENTI
    40.00     		77,500 6,200 0
    4511 JAMESTOWN WAY
    SAN DIEGO,CA92117
    ROBERT T REID III RESEARCH SCIENTIST
    40.00     		67,500 5,400 0
    28574 OLD RANCH ROAD
    SAN DIEGO,CA92082
    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 THE SPECIFIC PURPOSE OF THE FOUNDATION IS TO CONDUCT CLINICAL RESEARCH INTO THE TREATMENT AND PREVENTION OF UNCURED DISEASES. 642,458
    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.........................bullet0
    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
    10,200,030
    b
    Average of monthly cash balances.......................
    1b
    418,751
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,618,781
    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
    10,618,781
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    159,282
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,459,499
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    522,975
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    522,975
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    7,409
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,409
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    515,566
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    515,566
    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
    515,566
    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
    642,458
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    642,458
    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
    7,409
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    635,049
    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 7 515,566
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 50,486
    b From 2011...... 100,246
    c From 2012...... 89,484
    d From 2013...... 103,014
    e From 2014...... 86,994
    fTotal of lines 3a through e........ 430,224
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 642,458
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		Click to see attachment0
    d Applied to 2015 distributable amount..... 515,566
    e Remaining amount distributed out of corpus 126,892
    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 5 557,116
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		50,486
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		506,630
    10 Analysis of line 9:
    a Excess from 2011.... 100,246
    b Excess from 2012.... 89,484
    c Excess from 2013.... 103,014
    d Excess from 2014.... 86,994
    e Excess from 2015.... 126,892
    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 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)
    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
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 260,798  
    4 Dividends and interest from securities....     14 409,930  
    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 93,440  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 764,168 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13764,168
    (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

    TY 2015 AccountingFeesSchedule
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL PROCESSING/ADMIN FEES 5,424 179   5,245
    ACCOUNTING FEES 6,359 4,769   1,590

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

    TY 2015 DepreciationSchedule
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    OFFICE FURNITURE 1994-11-01 2,300 2,300 SL 10.000000000000 0 0    
    OFFICE FURNITURE 1994-11-03 1,752 1,752 SL 10.000000000000 0 0    
    PICTURES FOR OFFICE 1994-11-29 94 94 SL 10.000000000000 0 0    
    OFFICE EQUIPMENT 1994-12-09 261 261 SL 10.000000000000 0 0    
    OFFICE TELEPHONE INSTALLATION 1994-12-21 459 459 SL 10.000000000000 0 0    
    OFFICE DECORATING SUPPLIES 1994-12-30 150 150 SL 10.000000000000 0 0    
    FURNISHINGS 1995-06-01 9,761 9,761 SL 10.000000000000 0 0    
    EQUIPMENT 1995-06-01 12,077 12,077 SL 10.000000000000 0 0    
    FURNITURE 1995-06-01 5,954 5,954 SL 10.000000000000 0 0    
    COMPUTERS 1996-09-30 9,020 9,020 SL 10.000000000000 0 0    
    OFFICE FURNITURE 1996-11-07 966 966 SL 10.000000000000 0 0    
    EQUIPMENT 1997-06-30 9,738 9,738 SL 10.000000000000 0 0    
    OFFICE FURNITURE 1997-06-30 2,676 2,676 SL 10.000000000000 0 0    
    EQUIPMENT 1998-06-30 1,216 1,216 SL 10.000000000000 0 0    
    OFFICE FURNITURE 1998-06-30 5,934 5,934 SL 10.000000000000 0 0    
    COMPUTER 1999-03-31 1,635 1,635 SL 10.000000000000 0 0    
    COMPUTER 1999-09-30 2,693 2,693 SL 10.000000000000 0 0    
    LAB EQUIPMENT 2000-01-25 8,985 8,985 SL 10.000000000000 0 0    
    LAB EQUIPMENT 2000-10-18 25,032 25,032 SL 10.000000000000 0 0    
    LAB EQUIPMENT 2000-12-18 14,845 14,845 SL 10.000000000000 0 0    
    COMPUTER EQUIPMENT 2000-12-31 3,370 3,370 SL 10.000000000000 0 0    
    LAB EQUIPMENT 2002-07-31 25,247 25,247 SL 10.000000000000 0 0    
    LAB EQUIPMENT 2002-04-15 2,153 2,150 SL 10.000000000000 0 0    
    COMPUTER 2004-01-31 1,938 1,938 SL 10.000000000000 0 0    
    COMPUTER 2004-11-30 2,693 2,690 SL 10.000000000000 0 0    
    COMPUTER 2004-05-18 2,199 2,199 SL 10.000000000000 0 0    
    COMPUTER 2005-09-30 2,341 2,165 SL 10.000000000000 176 0    
    PROJECTOR 2006-10-25 1,401 1,143 SL 10.000000000000 140 0    
    OFFICE FURNITURE 2008-01-01 5,998 4,200 SL 10.000000000000 600 0    
    LAB BENCHES AND CABINETS 2008-01-01 24,689 14,399 SL 12.000000000000 2,057 0    
    BUILDING 2008-01-01 817,501 143,066 SL 40.000000000000 20,438 0    
    LAND 2008-01-01 272,500   L   0 0    
    LEASEHOLD IMPROVEMENTS 2008-01-01 59,809 10,465 SL 40.000000000000 1,495 0    
    ROOF 2008-01-01 28,972 5,068 SL 40.000000000000 724 0    
    LAB BENCHES AND CABINETS 2008-01-01 27,750 16,191 SL 12.000000000000 2,313 0    
    STAIRS 2008-01-01 3,717 651 SL 40.000000000000 93 0    
    LEASEHOLD IMPROVEMENTS 2008-01-01 34,685 6,069 SL 40.000000000000 867 0    
    LAB EQUIPMENT -BIOPHOTOMETER 2008-02-15 4,294 2,968 SL 10.000000000000 429 0    
    GLASS TABLETOP 2008-02-15 566 394 SL 10.000000000000 57 0    
    LAB EQUIPMENT 2008-02-06 3,680 2,545 SL 10.000000000000 368 0    
    COMPUTER 2008-04-30 1,931 1,287 SL 10.000000000000 193 0    
    COMPUTER 2008-12-30 2,178 1,308 SL 10.000000000000 218 0    
    LEASEHOLD IMPROVEMENTS 2008-02-09 78,250 13,529 SL 40.000000000000 1,956 0    
    LEASEHOLD IMPROVEMENTS 2008-02-09 3,468 601 SL 40.000000000000 87 0    
    LEASEHOLD IMPROVEMENTS 2008-06-20 17,473 2,840 SL 40.000000000000 437 0    
    LEASEHOLD IMPROVEMENTS 2008-04-01 19,354 3,267 SL 40.000000000000 484 0    
    COMPUTER 2013-06-19 1,661 249 SL 10.000000000000 166 0    
    COMPUTER 2014-07-05 2,163 108 SL 10.000000000000 216 0    
    COMPUTER 2014-11-07 3,243 54 SL 10.000000000000 324 0    
    COMPUTER 2014-12-12 1,008 8 SL 10.000000000000 101 0    
    LAB EQUIPMENT 2014-09-03 5,400 180 SL 10.000000000000 540 0    

    TY 2015 DistributionFromCorpusElection
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Election:
    PURSUANT TO CODE SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2),THE ERIK & ESE BANCK CLINICAL RESEARCH CENTER, ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM CORPUS.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 4,650,801 4,105,737

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FRANKLIN CUST 1,097,567 1,026,026
    BLACKROCK GLOBAL GROWTH 686,877 936,574
    NEW PERSPECTIVE FUND 358,483 549,701
    AMERICAN WASHINGTON MUT INVESTORS FUND 450,018 681,311
    FIDELITY ADVISOR STRATEGIC 650,010 726,760
    SUNAMERICA FOCUSED DIV STRATEGY FUND 825,022 832,614
    MFS INTERNATIONAL VALUE FUND 0 0
    FEDERATED EQUITY INC. FD CLASS A 400,024 368,847

    TY 2015 LandEtcSchedule2
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE FURNITURE 2,300 2,300 0  
    OFFICE FURNITURE 1,752 1,752 0  
    PICTURES FOR OFFICE 94 94 0  
    OFFICE EQUIPMENT 261 261 0  
    OFFICE TELEPHONE INSTALLATION 459 459 0  
    OFFICE DECORATING SUPPLIES 150 150 0  
    FURNISHINGS 9,761 9,761 0  
    EQUIPMENT 12,077 12,077 0  
    FURNITURE 5,954 5,954 0  
    COMPUTERS 9,020 9,020 0  
    OFFICE FURNITURE 966 966 0  
    EQUIPMENT 9,738 9,738 0  
    OFFICE FURNITURE 2,676 2,676 0  
    EQUIPMENT 1,216 1,216 0  
    OFFICE FURNITURE 5,934 5,934 0  
    COMPUTER 1,635 1,635 0  
    COMPUTER 2,693 2,693 0  
    LAB EQUIPMENT 8,985 8,985 0  
    LAB EQUIPMENT 25,032 25,032 0  
    LAB EQUIPMENT 14,845 14,845 0  
    COMPUTER EQUIPMENT 3,370 3,370 0  
    LAB EQUIPMENT 25,247 25,247 0  
    LAB EQUIPMENT 2,153 2,150 3  
    COMPUTER 1,938 1,938 0  
    COMPUTER 2,693 2,690 3  
    COMPUTER 2,199 2,199 0  
    COMPUTER 2,341 2,341 0  
    PROJECTOR 1,401 1,283 118  
    OFFICE FURNITURE 5,998 4,800 1,198  
    LAB BENCHES AND CABINETS 24,689 16,456 8,233  
    BUILDING 817,501 163,504 653,997  
    LAND 272,500 0 272,500  
    LEASEHOLD IMPROVEMENTS 59,809 11,960 47,849  
    ROOF 28,972 5,792 23,180  
    LAB BENCHES AND CABINETS 27,750 18,504 9,246  
    STAIRS 3,717 744 2,973  
    LEASEHOLD IMPROVEMENTS 34,685 6,936 27,749  
    LAB EQUIPMENT -BIOPHOTOMETER 4,294 3,397 897  
    GLASS TABLETOP 566 451 115  
    LAB EQUIPMENT 3,680 2,913 767  
    COMPUTER 1,931 1,480 451  
    COMPUTER 2,178 1,526 652  
    LEASEHOLD IMPROVEMENTS 78,250 15,485 62,765  
    LEASEHOLD IMPROVEMENTS 3,468 688 2,780  
    LEASEHOLD IMPROVEMENTS 17,473 3,277 14,196  
    LEASEHOLD IMPROVEMENTS 19,354 3,751 15,603  
    COMPUTER 1,661 415 1,246  
    COMPUTER 2,163 324 1,839  
    COMPUTER 3,243 378 2,865  
    COMPUTER 1,008 109 899  
    LAB EQUIPMENT 5,400 720 4,680  


    TY 2015 MortgagesAndNotesPayableSch
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Total Mortgage Amount: 1,008,411

    Item No. 1
    Lender's Name MERRILL LYNCH
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan  
    Balance Due 1,008,411
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower BUILDING
    Purpose of Loan BUILDING
    Description of Lender Consideration  
    Consideration FMV  


    TY 2015 OtherAssetsSchedule
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PAINTINGS & ART OBJECTS 98,732 98,732 98,732


    TY 2015 OtherExpensesSchedule
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 9,952 0   9,952
    DUES 1,249 0   1,249
    STUDY COSTS - IRB RESEARCH 39,504 0   39,504
    BANK CHARGES 210 210   0


    TY 2015 TaxesSchedule
    Name:
    THE ERIK AND ESE BANCK
     
    CLINICAL RESEARCH CENTER
    EIN:
    33-0570710
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER TAXES AND LICENSES 868 0   868
    PROPERTY TAX 15,185 0   15,185
    PAYROLL TAX 31,220 1,030   30,190
    FEDERAL TAXES 15,293 0   0