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
Henry and Sara Sheehan Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)310 N Kensington Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
La Grange Park, IL605261870
A Employer identification number

45-4126770
B Telephone number (see instructions)

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$3,596,008J 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) 7,992
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 35 35  
4 Dividends and interest from securities... 75,535 75,535  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -29,589
b Gross sales price for all assets on line 6a 573,265
7 Capital gain net income (from Part IV, line 2)...  
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........ 53,973 75,570  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 72,000 20,000   52,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,405 400   1,005
b Accounting fees (attach schedule)....... Click to see attachment 6,725 2,850   3,875
c Other professional fees (attach schedule).... Click to see attachment 5,012     5,012
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,822 2,030   6,792
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,633    
20 Occupancy.............. 2,220     2,220
21 Travel, conferences, and meetings....... 1,625     1,625
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 82,608 36,477   46,131
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 183,050 61,757   118,660
25 Contributions, gifts, grants paid....... 72,000 72,000
26 Total expenses and disbursements. Add lines 24 and 25 255,050 61,757   190,660
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -201,077
b Net investment income (if negative, enter -0-) 13,813
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............. 1,763 3,812 3,812
2 Savings and temporary cash investments......... 1,245,634 270,719 270,719
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)....... 988,919 Click to see attachment1,250,819 1,466,523
c Investments—corporate bonds (attach schedule)....... 1,346,243 Click to see attachment1,855,782 1,843,585
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,433 Click to see attachment10,827 10,827
14 Land, buildings, and equipment: basis bullet8,167
Less: accumulated depreciation (attach schedule) bullet7,625 3,175 Click to see attachment542 542
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,592,167 3,392,501 3,596,008
Liabilities 17 Accounts payable and accrued expenses.......... 1,793 3,204
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)......... 1,793 3,204
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 3,590,374 3,389,297
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 3,590,374 3,389,297
31 Total liabilities and net assets/fund balances (see instructions). 3,592,167 3,392,501
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
3,590,374
2
Enter amount from Part I, line 27a .....................
2
-201,077
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,389,297
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,389,297
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 ConocoPhillips 100 Sh P 2014-11-11 2015-09-09
b Deckers Outdoor Corp 150 Sh P 2015-01-01 2015-09-09
c Discover Financial 100 Sh P 2014-11-11 2015-06-09
d Discover Financial 100 Sh P 2014-11-11 2015-09-04
e Dodge & Cox Stock Fd 192354 Sh P 2015-01-01 2015-12-22
Eaton Corp 150 Sh P 2015-01-01 2015-12-22
Fed Farm Credit Bank 50000 P 2014-08-26 2015-02-13
Halliburton Co 200 Sh P 2015-01-01 2015-12-22
Intel Corp 100 Sh P 2014-12-04 2015-06-09
Johnson Ctls Inc P 2014-11-11 2015-08-03
Kraft Foods Group 300 Sh P 2015-01-01 2015-05-13
Macys Inc 100 Sh P 2014-12-29 2015-12-22
RW FDS Midcap Val EQ Cl A 1053535 P 2015-01-01 2015-04-10
Union Pac Corp 25 Sh P 2014-12-04 2015-06-09
Union Pac Corp 125 Sh P 2015-01-01 2015-08-03
Ace Limited 100 Sh P 2013-04-12 2015-03-03
Boeing Co 50 Sh P 2013-04-01 2015-09-09
Boeing Co 25 Sh P 2013-04-01 2015-09-09
Coca Cola Co 100 Sh P 2012-11-21 2015-06-09
Coca Cola Co 150 Sh P 2014-01-01 2015-09-09
ConocoPhillips Com 100 Sh P 2013-11-06 2015-08-03
ConocoPhillips Com 85 Sh P 2014-01-01 2015-09-04
ConocoPhillips Com 25 Sh P 2012-01-17 2015-09-09
Dodge & Cox Stock Fd 567635 Sh P 2014-01-01 2015-12-22
Eaton Corp Plc 100 Sh P 2013-03-06 2015-09-04
Eaton Corp Plc 150 Sh P 2013-02-22 2015-12-22
Express Scripts 50 Sh P 2013-12-16 2015-06-09
Gilead Sciences Inc 100 Sh P 2014-01-01 2015-06-09
Halliburton Co 150 Sh P 2014-01-01 2015-09-04
Halliburton Co 350 Sh P 2014-01-01 2015-12-22
Illinois Tool Works 45 Sh P 2012-11-21 2015-06-09
Intel Corp 400 Sh P 2014-01-01 2015-06-09
Interntl Business Mach 100 Sh P 2014-01-01 2015-09-09
Macys Inc 300 Sh P 2014-11-11 2015-12-22
RW FDS Mid Cap Val Eq 3255585 Sh P 2014-01-01 2015-04-10
R Rowe Price ST Bond 16410307 Sh P 2014-01-01 2015-08-03
United Parcel Services 50 Sh P 2013-09-13 2015-09-04
Walgreens Boot 100 Sh P 2013-10-17 2015-06-09
Coca Cola Co 150 Sh P 2011-10-06 2015-09-09
ConocoPhillips 15 Sh P 2014-01-01 2015-09-04
ConocoPhillips 25 Sh P 2014-01-01 2015-09-09
Google Inc 055 Sh P 2014-01-01 2015-05-05
Johnson Controls 400 Sh P 2014-01-01 2015-08-03
(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 4,813   7,156 -2,343
b 9,250   12,902 -3,652
c 5,775   6,650 -875
d 7,738   9,975 -2,237
e 31,106   35,000 -3,894
7,814   10,225 -2,411
50,000   49,978 22
6,833   8,936 -2,103
3,126   3,738 -612
4,575   4,933 -358
25,327   18,971 6,356
3,526   6,527 -3,001
14,749   15,000 -251
2,509   3,006 -497
12,059   14,933 -2,874
11,370   9,182 2,188
6,515   4,435 2,080
3,336   2,132 1,204
4,015   3,744 271
5,782   5,423 359
4,963   7,346 -2,383
4,027   5,072 -1,045
1,203   1,368 -165
91,792   100,000 -8,208
5,520   5,711 -191
7,814   8,330 -516
4,336   3,353 983
11,321   2,433 8,888
5,554   7,884 -2,330
11,958   14,944 -2,986
4,169   2,692 1,477
12,506   8,545 3,961
14,612   20,664 -6,052
10,580   17,673 -7,093
45,579   45,000 579
77,949   79,426 -1,477
4,780   4,429 351
8,356   5,838 2,518
5,783   7,992 -2,209
711   833 -122
1,203   1,389 -186
30     30
18,301   19,086 -785
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        
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 -29,589
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 -18,730
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 125,450 3,836,208 0.032702
2013 107,048 2,629,724 0.040707
2012 75,715 468,647 0.161561
2011      
2010      
2
Total of line 1, column (d) .....................
20.234969
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
0.058742
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,641,425
5
Multiply line 4 by line 3......................
5
213,905
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
138
7
Add lines 5 and 6........................
7
214,043
8
Enter qualifying distributions from Part XII, line 4.............
8
190,660
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 1 276
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........................... 3 276
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- ..... 5 276
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,500
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 2,224
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet500 RefundedBullet 11 1,724
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)
    bulletIL
    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 addressbullethttpsarascholarship.org
    14
    The books are in care ofbulletJoseph S Witkowski Telephone no.bullet (708) 579-1308

    Located atbullet310 N Kensington AvenueLa Grange ParkIL ZIP+4bullet605261870
    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
     
     
    ........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
     
     
    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
     
     
    .........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
    Joseph S Witkowski Executive Director
    10.00     		72,000 0 2,221
    310 N Kensington Avenue
    La Grange Park,IL605261870
    Robert J Wagner Director and President
    1.00     		200 0 60
    108 N Walkup Avenue
    Crystal Lake,IL60014
    Linda Bykowski Treasurer
    1.00     		200 0 0
    816 Regner Road
    McHenry,IL60051
    Billie J Paige Director
    1.00     		200 0 48
    24725 South Chesnut Lane
    Crete,IL60417
    Susan Kutchta Director
    1.00     		200 0 51
    28572 Windmere Court
    Lake Bluff,IL60044
    Catherine Dickson Director
    1.00     		200 0 352
    1045 Country Knoll Drive
    Saint Charles,MO63303
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 Administration of scholarship awards program 118,660
    2 Recipient scholarship awards issued 72,000
    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
    3,078,958
    b
    Average of monthly cash balances.......................
    1b
    608,311
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,609
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,696,878
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,696,878
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    55,453
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,641,425
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    182,071
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    182,071
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    276
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    276
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    181,795
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    181,795
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    181,795
    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
    190,660
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    190,660
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    190,660
    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 7 181,795
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 34,074
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 190,660
    a Applied to 2014, but not more than line 2a 34,074
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 156,586
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		25,209
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    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).)
    None
    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.
    None
    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:
    Joseph S Witkowski Executive Dir
    547 S LaGrange Road
    La Grange,IL60525
    (708) 482-4820
    clwitkowski@yahoo.com
    bThe form in which applications should be submitted and information and materials they should include:
    Sara Scholarship Application form, high school transcript, personal essay, Student Aid Report, Letter of Recommendation
    cAny submission deadlines:
    May 5 2015
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Recipient must be female, college bound high school senior, GPA of at least 3.1, financial need, involvement with golf
    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
    Ciara Butler
    4333 N Wolcott
    Chicago,IL60613     		None I Scholarship 2,000
    Jennifer Castaneda
    3440 35th Avenue NE
    Naples,FL34120     		None I Scholarship 2,000
    Taylor Cutrubus
    1115 16th Street
    Ogden,UT84404     		None I Scholarship 2,000
    Emily Faulkner
    2325 SW Creekside Dr
    Palm City,FL34990     		None I Scholarship 2,000
    Jenna Hallett
    53 Fleetwood St
    Presque Isle,ME04769     		None I Scholarship 2,000
    Lindsey Higgins
    260 Higgins Dr
    Sylvan Springs,AL35118     		None I Scholarship 2,000
    Haley Lawrence
    22379 220th St
    Eldora,IA50627     		None I Scholarship 2,000
    Paige Mattfield
    28607 Hwy 10
    Lake Park,MN56554     		None I Scholarship 2,000
    Emily McGraw
    18 East Timmerman St
    Dolgeville,NY13329     		None I Scholarship 2,000
    Lauren Padilla
    127 Wenonah Road
    Longmeadow,MA01106     		None I Scholarship 2,000
    Cameryn Smith
    5174 Green Heron Dr SW
    Shallotte,NC28470     		None I Scholarship 2,000
    Rebecca Smith
    16093 County Road HH
    Rocky Ford,CO81067     		None I Scholarship 2,000
    Melissa Yao
    51 Ross Road
    Alameda,CA94502     		None I Scholarship 2,000
    Kylie Bluhm
    1505 Cleveland Avenue
    Charles City,IA50616     		None I Scholarship 2,000
    Kimberly Ann Kim
    1968 N Crenshaw Circle
    Vernon Hills,IL60061     		None I Scholarship 2,000
    Brittany Ann Best
    130 Terrace Drive
    Waukee,IA50263     		None I Scholarship 2,000
    Fazela Alissukhu
    230 Rosery Road Northeast
    Largo,FL33770     		None I Scholarship 2,000
    Dominque Luongo
    801 Seasage Drive
    Delray Beach,FL33483     		None I Scholarship 2,000
    Kelli J Niemeier
    1033 Frontier Road
    Beatrice,NE68310     		None I Scholarship 2,000
    Kathy Vilaysith
    4364-12 52nd Street
    San Diego,CA92115     		None I Scholarship 2,000
    Dolly Tate
    18475 Klinger Street
    Detroit,MI48234     		None I Scholarship 2,000
    Emily K Cummingham
    8923 Dornoch Circle
    Winston,GA30187     		None I Scholarship 2,000
    Brooke Wilder-Corrigan
    52321 Bootjack Road
    Lake Linden,MI49945     		None I Scholarship 2,000
    Daphine G Ryan
    PO Box 1103
    Buckhannon,WV26201     		None I Scholarship 2,000
    Katelyn Coyle
    201 Adams Street SW
    Cascade,IA52033     		None I Scholarship 2,000
    Carolyn Brianne Brazell
    29685 Hogan Avenue
    Ardmore,AL35739     		None I Scholarship 2,000
    Samantha Linder
    3242 Glen Lytle Road
    Pittsburgh,PA15217     		None I Scholarship 2,000
    Natalie Cook
    9 E Allaire Street
    Ely,MN55731     		None I Scholarship 2,000
    Hailea Hadsall
    515 E Washington Street
    Macomb,IL61455     		None I Scholarship 2,000
    Jade Hess
    414 E 3rd Street
    Fonda,IA50540     		None I Scholarship 2,000
    Molly Lawler
    345 E 13th Street
    Zumbrota,MN55992     		None I Scholarship 2,000
    Arita Harris
    2418 Canterclub Trail
    Apopka,FL32712     		None I Scholarship 2,000
    Breanna Sullivan
    4162 Maryland
    Detroit,MI48224     		None I Scholarship 2,000
    Katherine Clay
    319 TJ King Road
    Lockesburg,AR71846     		None I Scholarship 2,000
    Ellie Clark
    1630 N 2nd Street
    Sheldon,IA51201     		None I Scholarship 2,000
    Alexandrea Sobers
    6836 Woodridge Drive
    Norfolk,VA23518     		None I Scholarship 2,000
    Total .................................bullet 3a 72,000
    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 ...........     		        35
    4 Dividends and interest from securities....         75,535
    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 ............     		         
    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)..     75,570
    13Total. Add line 12, columns (b), (d), and (e)..................
    1375,570
    (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.)
    03 Investment income
    04 Investment income
    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:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Stein Certified Public Account 6,725 2,850 0 3,875

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

    TY 2015 DepreciationSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    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
    Computer 2014-01-27 1,073 264 SL 4 268 0 0  
    Website developments 2013-01-01 7,094 4,728 SL 3 2,365 0 0  
    Ogden Avenue Holdings LLC 2013-05-31 0 0 NDA   0 0 0  
    Ruh Farms 2013-05-31 0 0 NDA   0 0 0  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Bank of Nova Scotia 1.375% 07. 50,263 50,110
    Cisco Systems 3.15% 03.14.2017 26,229 25,616
    EMC Corp 1.875% 06.01.2018 34,959 32,659
    T.Rowe Price ST Bd Fd 16410.30 0 0
    Shell Intl. 1.125% 08.21.2017 49,740 49,650
    Toronto Dominion Bank 1.40% 04 49,564 49,583
    Vanguard Fixed Income ST Corp 0 0
    Walmart Stores, Inc. 1.95% 12. 50,022 50,742
    Apple Inc 2.10% 05.06.2019 75,769 75,877
    BB&T Corp 2.45% 01.15.2020 75,066 75,502
    Bank of NY 2.20% 05.15.2019 50,216 50,074
    Federal Farm 1.60% 08.13.2018 0 0
    General Elec 5.25% 12.06.2017 53,591 53,384
    General Elec 2.30% 04.27.2017 76,326 75,920
    Oracle Corp 2.375% 01.15.2019 76,185 76,158
    PNC Bank 1.150% 01.01.2016 75,120 75,008
    Pepsico 2.25% 01.07.2019 50,748 50,672
    Royal Bank of CA 2.3% 07.20.16 50,684 50,321
    State Street 1.35% 05.15.2018 74,455 74,423
    US Bancorp 1.95% 11.15.2018 49,891 50,307
    Wells Fargo 2.625% 12.15.2016 50,822 50,679
    Qualcomm Inc 1.4% 5/18/2018 74,873 74,359
    Chas Schwab 4.45% 7/22/2020 82,683 81,628
    Vanguard ST Admiral Sh 29330.8 314,302 309,734
    Anhauser Busch 2.15% 2/1/2019 75,709 74,566
    Blackrock Inc 5.0% 12/10/2019 55,734 55,285
    Chevron Corp 1.104% 12/5/2017 49,705 49,656
    Coca Cola 2.45% 11/01/2020 50,841 50,910
    Costco 1.125% 12/15/2017 49,968 49,956
    Dover Corp 4.30% 3/1/2021 82,317 80,806

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Eaton Corp PLC 0 shares 0 0
    Ace Limited New 0 shares 0 0
    AmazonCom 75 sh 28,802 50,692
    Apple Inc 375 shares 32,188 39,472
    Boeing Co 175 shares 17,959 25,303
    Bristol Myers-Squibb Co400 s 15,911 27,516
    CVS Caremark Corp 400 shares 25,911 39,108
    Celgene Corp 300 shares 29,593 35,928
    Chevron Corp 275 shares 23,919 24,739
    Cisco Systems Inc 1100 shares 27,648 29,871
    Coca-Cola Co 0 shares 0 0
    Comcast Corp New CL A 550 sha 19,482 31,037
    Conoco-Phillips 350 shares 0 0
    Danaher Corp 350 shares 22,986 32,508
    Disney Walt Co 300 shares 15,635 31,524
    Alphabet Cl A 32 sh 10,891 24,896
    Express Scripts Holding Co 350 21,141 30,594
    Exxon Mobil Corp 400 shares 19,033 31,180
    General Electric Co 900 sh 21,887 28,035
    Gilead Sciences Inc 300 sh 3,251 30,357
    Google Inc 0 shares 0 0
    American Funds Growth 1626402 70,000 67,024
    Haliburton Holding 0 shares 0 0
    Illinois Tool Works Inc 250 13,927 23,170
    Intel Corp 0 shares 0 0
    IBM 0 shares 0 0
    Johnson Controls Inc 0 sh 0 0
    JP Morgan Chase 500 sh 31,624 33,015
    Lowes Cos Inc 150 sh 11,288 11,406
    Pfizer Inc 1000 shares 22,993 32,280
    Phillip Morris Intl Inc 200 17,187 17,582
    Proctor & Gamble 300 shares 23,651 23,823
    Microchip Tech 650 sh 31,904 30,251
    Mondelez Intl 300 sh 12,146 13,452
    Rw Funds Mid Cap 3586054 sh 0 0
    Alphabet Inc CL C 20 sh 6,922 15,178
    US Bancorp Del New 700 shares 24,449 29,869
    United Parcel Services 250 sh 21,252 24,058
    Verizon Comm 300 shares 14,027 13,866
    Vanguard Mid Cap Index 495676 80,000 73,717
    Walgreens Boots 300 sh 16,371 25,546
    Wasatch Core Growth 1204884 65,000 63,991
    Wells Fargo & Co New 600 sha 20,354 32,616
    Allstate Corp 300 shares 21,050 18,627
    Cognizant Tech Solutions 550 s 31,536 33,011
    Discover Financial Serv 300 sh 19,210 16,086
    Dodge & Cox 0 shares 0 0
    Kraft Foods Group 0 shares 0 0
    Macys Inc 0 shares 0 0
    Microsoft Corp 600 shares 25,916 33,288
    Rowe T Price Growth 1660652 90,000 89,111
    Southern Co 400 shares 19,547 18,716
    Union Pacific Corp 0 shares 0 0
    Am Fds Europacific 580495 sh 30,000 26,267
    Harbor Capital 1650982 sh 100,000 100,396
    Harman Intl Ind 225 sh 29,971 21,197
    Phillips 66 450 sh 35,504 36,810
    United Healthcare 250 sh 28,753 29,410

    TY 2015 InvestmentsOtherSchedule2
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Accrued income- Equities Investment   1,463 1,463
    Accrued income- Fixed Income   9,364 9,364
    Accrued income-Cash   0 0

    TY 2015 LandEtcSchedule2
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and equipment 1,073 532 541 541
    Website development 7,094 7,093 1 1


    TY 2015 LegalFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Hoogendoorn & Talbot LLP 1,405 400 0 1,005


    TY 2015 OtherExpensesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment management fees 36,477 36,477 0 0
    Insurance-Liability 3,798 0 0 3,798
    Insurance-Director 4,230 0 0 4,230
    Fees and licenses 28 0 0 28
    Gifts 400 0 0 400
    Office expense 160 0 0 160
    Office supplies 437 0 0 437
    Return of excess contribution 37,078 0 0 37,078


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Contracted services 3,550 0 0 3,550
    Board stipends 1,000 0 0 1,000
    Web design services 462 0 0 462


    TY 2015 TaxesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Payroll taxes 6,792 0 0 6,792
    Federal excise tax 2,030 2,030 0 0