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
William E Schrafft & Bertha E Schrafft
Charitable Trust
Number and street (or P.O. box number if mail is not delivered to street address)77 Summer St 8th Floor
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Boston, MA02110
A Employer identification number

04-6065605
B Telephone number (see instructions)

(617) 338-4624
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$34,565,823J 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 319 319  
4 Dividends and interest from securities... 489,156 489,156  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,784,054
b Gross sales price for all assets on line 6a 13,367,061
7 Capital gain net income (from Part IV, line 2)... 2,784,054
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)....... Click to see attachment 2,468 2,468  
12 Total. Add lines 1 through 11........ 3,275,997 3,275,997  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 88,000 8,400   56,800
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,000 0   0
c Other professional fees (attach schedule).... Click to see attachment 151,783 112,617   39,166
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,767 7,407   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 15,155 0   0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 82,299 40,602   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 358,004 169,026   95,966
25 Contributions, gifts, grants paid....... 1,654,009 1,654,009
26 Total expenses and disbursements. Add lines 24 and 25 2,012,013 169,026   1,749,975
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,263,984
b Net investment income (if negative, enter -0-) 3,106,971
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.............      
2 Savings and temporary cash investments......... 2,156,603 2,464,318 2,464,318
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) 99,973 Click to see attachment100,003 100,003
b Investments—corporate stock (attach schedule)....... 28,121,423 Click to see attachment25,820,547 25,820,546
c Investments—corporate bonds (attach schedule)....... 844,625 Click to see attachment838,463 838,463
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,108,628 Click to see attachment5,342,493 5,342,493
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,331,252 34,565,824 34,565,823
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment163,255 Click to see attachment102,505
23 Total liabilities (add lines 17 through 22)......... 163,255 102,505
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 36,167,997 34,463,319
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)..... 36,167,997 34,463,319
31 Total liabilities and net assets/fund balances (see instructions). 36,331,252 34,565,824
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
36,167,997
2
Enter amount from Part I, line 27a .....................
2
1,263,984
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
60,750
4
Add lines 1, 2, and 3 ..........................
4
37,492,731
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,029,412
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
34,463,319
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 Publicly Traded Securities P    
b From Partnership K-1's P    
c Capital Gains Dividends P    
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 13,186,188   10,583,007 2,603,181
b 169,272     169,272
c 11,601     11,601
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       2,603,181
b       169,272
c       11,601
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 2,784,054
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 1,881,237 37,966,066 0.049550
2013 1,773,425 33,620,410 0.052748
2012 1,450,000 30,516,579 0.047515
2011 1,596,000 31,340,292 0.050925
2010 1,311,000 29,242,084 0.044833
2
Total of line 1, column (d) .....................
20.245571
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
0.049114
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
35,499,232
5
Multiply line 4 by line 3......................
5
1,743,509
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
31,070
7
Add lines 5 and 6........................
7
1,774,579
8
Enter qualifying distributions from Part XII, line 4.............
8
1,749,975
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 62,139
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 62,139
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 62,139
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 89,133
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 89,133
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 26,994
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet26,994 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)
    bulletMA
    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 addressbulletschrafftcharitable.org
    14
    The books are in care ofbulletShabshelowitz Co CPA's Telephone no.bullet (508) 672-2182

    Located atbullet263 Walnut StreetFall RiverMA ZIP+4bullet02720
    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
     
    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
    Arthur Parker Trustee
    8.00     		16,000 0 0
    77 Summer Street 8th Floor
    Boston,MA02196
    Lavinia B Chase Trustee
    4.00     		14,000 0 0
    77 Summer Street 8th Floor
    Boston,MA02196
    Kristen J McCormack Trustee
    4.00     		14,000 0 0
    77 Summer Street 8th Floor
    Boston,MA02196
    Karen Faulkner Executive Director
    30.00     		44,000 0 0
    77 Summer Street 8th Floor
    Boston,MA02196
    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
    Middleton & Co Investment Advisors 84,888
    600 Atlantic Avenue
    Boston,MA02210
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    33,455,800
    b
    Average of monthly cash balances.......................
    1b
    2,584,029
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    36,039,829
    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
    36,039,829
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    540,597
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    35,499,232
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,774,962
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,774,962
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    62,139
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    62,139
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,712,823
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,712,823
    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
    1,712,823
    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
    1,749,975
    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
    1,749,975
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,749,975
    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 1,712,823
    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......  
    b From 2011...... 42,154
    c From 2012......  
    d From 2013...... 180,554
    e From 2014...... 16,479
    fTotal of lines 3a through e........ 239,187
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,749,975
    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)........     		0
    d Applied to 2015 distributable amount..... 1,712,823
    e Remaining amount distributed out of corpus 37,152
    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 5 276,339
    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) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		276,339
    10 Analysis of line 9:
    a Excess from 2011.... 42,154
    b Excess from 2012....  
    c Excess from 2013.... 180,554
    d Excess from 2014.... 16,479
    e Excess from 2015.... 37,152
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Karen Faulkner co Schrafft Charitab
    77 Summer Street 8th Floor
    Boston,MA02110
    (617) 338-4624
    bThe form in which applications should be submitted and information and materials they should include:
    Please See www.schrafftcharitable.org
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Generally, must be a Massachusetts tax exempt organization in existence for at least three years.
    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
    3 Point Foundation
    1270 Soldiers Field Rd
    Brighton,MA02135     		None PC Operating 7,000
    Appalachian Mountain Club
    Five Joy St
    Boston,MA021081490     		None PC Youth Opportunities Program 15,000
    Artists for Humanity
    100 West Second St
    Boston,MA02127     		None PC Youth Arts Enterprise 18,000
    Associated Grant Makers
    55 Court St Ste 520
    Boston,MA02108     		None PC Summer Fund 80,000
    Benjamin Franklin Institute of Technology
    71 Berkley St
    Dorchester,MA02122     		None PC Whole-Student Support 25,000
    Big Brothers Big Sisters of Mass Bay
    75 Federal St 5th Fl
    Boston,MA02110     		None PC Operating 25,000
    Big Sister's Assoc of Greater Boston
    161 Massachusetts Ave
    Boston,MA02115     		None PC One-To-One Mentoring Program 25,000
    Bird Street Community Center
    500 Columbia Rd
    Dorchester,MA02125     		None PC Bird Street Works! 10,000
    Boston Arts Academy
    174 Ipswich St
    Boston,MA02215     		None PC Operating 20,000
    Boston Ballet
    19 Clarendon St
    Boston,MA02116     		None PC Citydance 20,000
    Boston Children's Chorus
    112 Shawmut Ave Suite 5B
    Boston,MA02118     		None PC Operating 10,000
    Boston Children's Museum
    308 Congress St
    Boston,MA02038     		None PC Sponsored Visits Program 15,000
    Boston Chinatown Neighborhood Center
    885 Washington St
    Boston,MA02111     		None PC Youth Center 15,000
    Boston City Singers
    17 Waldeck St
    Dorchester,MA02124     		None PC Operating 12,000
    Boston Collegiate Charter School
    11 Mayhew St
    Dorchester,MA02125     		None PC Steming Beyond the Classroom 15,000
    Boston Conservatory
    The Fenway
    Boston,MA02115     		None PC Operating 15,000
    Bottom Line
    555 Armory St Ste 2
    Jamaica Plain,MA02130     		None PC Operating 25,000
    Boys & Girls Club of Boston
    50 Congress St Ste 370
    Boston,MA02109     		None PC Operating 25,000
    Boys & Girls Club of Dorchester
    1135 Dorchester St
    Dorchester,MA02135     		None PC Operating 20,000
    Breakthrough Greater Boston
    47 West St
    Boston,MA02111     		None PC Operating 35,000
    Bridge Over Troubled Waters
    47 West St
    Boston,MA02111     		None PC Education & Career Development Programs 15,000
    Cambridge School Volunteers
    459 Broadway
    Cambridge,MA02138     		None PC Operating 35,000
    Cantata Singers
    161 First St Ste 203
    Cambridge,MA02142     		None PC Classroom Cantatas 17,000
    City on a Hill Charter Public School
    320 Huntington Ave
    Boston,MA02115     		None PC Individualized Learning Program 30,000
    City Sprouts
    25 River St
    Cambridge,MA02139     		None PC Program in Boston 10,000
    Codman Academy Foundation
    637 Washington St
    Dorchester,MA02124     		None PC Operating 25,000
    Commonwealth School
    151 Commonwealth Ave
    Boston,MA02126     		None PC Financial Aid/Homework Project 25,000
    Community Art Center
    119 Windsor St
    Cambridge,MA02139     		None PC Teen Media Program 12,000
    Community Charter School of Cambridge
    245 Bent St
    Cambridge,MA02121     		None PC Operating 7,000
    Community Music Center of Boston
    34 Warren Ave
    Boston,MA02126     		None PC Operating 5,000
    Doc Wayne Youth Services
    418 Commonwealth Ave
    Boston,MA02215     		None PC Double the Impact 10,000
    Earthen Vessels Inc
    170 Appleton St
    Cambridge,MA02138     		None PC Operating 18,000
    East Boston Ecumenical Community Council
    50 Meredian St Ste B1 East
    Boston,MA02120     		None PC ASPIRING Program 15,000
    Ellis Memorial
    58 Berkeley St
    Boston,MA021166215     		None PC School-Age Program 10,000
    Epiphany School Inc
    154 Centre St
    Dorchester,MA02120     		None PC Operating 10,000
    Family Services of Greater Boston
    31 Heath St
    Jamaica Plain,MA02130     		None PC Men in the Making 5,000
    Freedom House Inc
    5 Crawford St
    Boston,MA02121     		None PC Push Program 5,000
    Future Chefs
    681 Main St Ste 2-4
    Waltham,MA02451     		None PC Culinary Pathways 20,000
    Girl Scouts of Eastern MA
    95 Berkeley St Ste 404
    Boston,MA02116     		None PC Fab Factor Program 15,000
    Glastonbury Abbey Institute
    16 Hull St
    Hingham,MA02043     		None PC Operating 15,000
    Gordon College
    255 Grapevine St
    Wenham,MA01984     		None PC Clarendon Scholars Program 35,000
    Hale Reservation
    80 Carby St
    Westwood,MA02090     		None PC Agency Camps 10,000
    Haley House
    23 Dartmouth St
    Boston,MA02116     		None PC Take Back the Kitchen 20,000
    Handel & Hayden Society
    9 Harcourt St
    Boston,MA02116     		None PC Karen S & George D Levy Educational Outreach Program 10,000
    Harmony Partners K-1 Flowthrough
    1259 El Camino Real
    Menlo Park,CA94025     		None PC Operating 9
    Housing Families Inc
    354 Cross St
    Malden,MA02148     		None PC Operating 30,000
    Housing Families Inc
    354 Cross St
    Malden,MA02148     		None PC Operating 5,000
    Huntington Theatre Company
    264 Huntington Ave
    Boston,MA02115     		None PC Education and Community Programs 15,000
    Inquilinos Boricuas En Accion
    405 Shawmut Ave
    Boston,MA02118     		None PC After School & Summer Learning 20,000
    Institute of Contemporary Art Boston
    100 Northern Ave
    Boston,MA02110     		None PC Teen Education Programs 25,000
    Jose Mateo Ballet Theatre
    400 Harvard St
    Cambridge,MA02138     		None PC Dance for the Commonwealth 10,000
    Lasell College
    1844 Commonwealth Ave
    Newton,MA02146     		None PC Scholarship 30,000
    Manomet Center for Conservation Sciences
    PO Box 1770
    Manomet,MA02345     		None PC Operating 13,000
    Many Hands Organic Farm & Sustainability Center
    411 Sheldon Rd
    Barre,MA01005     		None PC Operating 5,000
    Massachusetts Institute of Technology
    77 Massachusetts Ave
    Boston,MA02139     		None PC STEM Program 20,000
    Mattapoisett Land Trust
    PO Box 31
    Mattapoisett,MA02739     		None PC Operating 10,000
    Mil Milagros
    c/o Goulston 400 Atlantic Ave
    Boston,MA02110     		None PC Operating 10,000
    Mill City Grows
    97 Central St Ste 302
    Lowell,MA01852     		None PC Operating 15,000
    MIT Hobby Shop
    77 Massachusetts Ave
    Cambridge,MA02139     		None PC Operating 5,000
    More than Words
    242 E Berkeley St
    Boston,MA02118     		None PC Education Impact Initiatives 10,000
    Mother Caroline Academy & Education Center
    515 Blue Hill Ave
    Dorchester,MA02121     		None PC Operating 7,000
    Museum of Fine Arts
    465 Huntington Ave
    Boston,MA02115     		None PC Operating 5,000
    Mystic River Watershed Association
    20 Academy St Ste 306
    Arlington,MA024766401     		None PC Operating 10,000
    Neighborhood House Charter School
    21 Queen St
    Dorchester,MA02122     		None PC Creative Arts Program 35,000
    New Bedford Whaling Museum
    18 Johnny Cake Hill
    New Bedford,MA02740     		None PC Museum Access for Boston Youth 30,000
    New England Aquarium
    Central Wharf
    Boston,MA02110     		None PC Educational Programs 35,000
    North Bennett Street School
    39 North Bennett St
    Boston,MA02113     		None PC Student Diversity Project 20,000
    Northeast Organic Farming Association
    411 Sheldon Rd
    Barre,MA01005     		None PC Operating 5,000
    Old Sturbridge Village
    One Old Sturbridge Village Rd
    Sturbridge,MA01566     		None PC Leveling the Playing Field 30,000
    Planned Parenthood League of MA Inc
    1055 Commonwealth Ave
    Boston,MA02215     		None PC Get Real Program 20,000
    Plimoth Plantation
    PO Box 1620
    Plymouth,MA02362     		None PC Foundation for Kids 30,000
    Prospect Hill Academy Charter School
    50 Essex St
    Cambridge,MA02139     		None PC Operating 25,000
    Read to a Child Inc
    20 Williams St 625
    Wellesley,MA02481     		None PC Operating 10,000
    Regis College
    235 Wellesley St
    Weston,MA02493     		None PC Scholarship 30,000
    Save the Harbor Save the Bay
    212 Northern Ave Ste 304 W
    Boston,MA02210     		None PC Youth Environmental Education Programs 20,000
    Shelter Music Boston
    243 Sylvia St
    Arlington,MA02476     		None PC Operating 10,000
    Shooting Touch
    61 Endicott St Bldg 23 4th Fl
    Norwood,MA02062     		None PC Operating 3,000
    Social Innovation Forum
    11 Avenue de Lafayette
    Boston,MA02111     		None PC Boot Camp Pilot 50,000
    Sociedad Latina
    1530 Tremont St
    Boston,MA02120     		None PC Music Club House 15,000
    St Paul's Choir School
    29 Mount Auburn St
    Cambridge,MA02138     		None PC Working Scholarship Support 20,000
    Steppingstone Foundation
    155 Federal St Ste 800
    Boston,MA02110     		None PC College Success Academy 15,000
    Tenacity Inc
    367 Western Ave 2nd Fl
    Boston,MA02135     		None PC Pathway to Post-Secondary Success 10,000
    The Discovery Museums
    177 Main St
    Acton,MA01720     		None PC Operating 5,000
    The Food Project
    10 Lewis St
    Lincoln,MA01773     		None PC Youth Development Through Sustainability 20,000
    Thompson Island Outward Bound Education Center
    PO Box 127
    Boston,MA02127     		None PC Connections 2014 10,000
    Trinity Boston Foundation
    206 Clarendon St
    Boston,MA02127     		None PC Excellence Program 25,000
    Trustees of Reservation
    PO Box 3975 1100D Main Rd
    Westport,MA02790     		None PC Operating 15,000
    UASPIRE
    31 St James Ave Ste 520
    Boston,MA02116     		None PC College Affordability Advising Program 15,000
    Uncommon Schools
    206 Magnolia St
    Dorchester,MA02125     		None PC Operating 15,000
    Unitarian Universalist Urban Ministry
    10 Putnam St
    Roxbury Crossing,MA02119     		None PC Roxbury Youth Program 15,000
    United South End Settlements
    566 Columbia Ave
    Boston,MA02118     		None PC Children's Art Center 10,000
    USS Constitution Museum
    PO Box 1812
    Boston,MA02129     		None PC Family & Academic 10,000
    Veterans Legal Services
    885 Centre St
    Newton,MA02159     		None PC Operating 10,000
    Year Up Boston
    93 Summer St 5th Fl
    Boston,MA02110     		None PC CORE Program 10,000
    Zumix
    260 Summer St
    E Boston,MA02128     		None PC Hands-On Youth Development Program 25,000
    Total .................................bullet 3a 1,654,009
    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 ...........     		    14 319  
    4 Dividends and interest from securities....     14 489,156  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     14 2,468  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 2,784,054  
    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 3,275,997 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,275,997
    (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:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 9,000 0   0

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Name of Bond End of Year Book Value End of Year Fair Market Value
    185M Gold Sachs 3.625% 2/7/16 185,470 185,470
    200M Apple Inc Unsec 5/3/18 199,582 199,582
    200M Verizon Unsec 6/9/17 199,158 199,158
    255M Citigroup UnSec Note Var 11/24/17 254,253 254,253

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2,155 AMC Networks Inc 160,935 160,935
    905 Amazon.Com 611,680 611,680
    14,590 Abbott Laboratories 655,237 655,237
    890 American Express 61,900 61,900
    3,000 Anheuser Busch 375,000 375,000
    7,619 Apple Inc 801,976 801,976
    40,515 Bank of Amer Corp 681,867 681,867
    7,500 Baxter Intl Inc 286,125 286,125
    7060 Abbvie Inc 418,234 418,234
    1,040 Biogen Idec Inc 318,604 318,604
    630 Alphabet Inc Cl A 490,146 490,146
    280 Alphabet Inc Cl C 212,486 212,486
    5,900 CVS Health 576,843 576,843
    5,000 Caesar Stone Sdot Yam Ltd 216,700 216,700
    6,140 Altria Group Inc 357,409 357,409
    3,317 Chevron Corp 298,397 298,397
    9,875 Citigroup 511,031 511,031
    6,120 Conocophillips 285,743 285,743
    501 Blackrock Inc 170,601 170,601
    11,300 Crimson Wine 99,440 99,440
    4,203 Block H&R Inc 140,002 140,002
    6,440 Danaher Corp 598,147 598,147
    7,965 Discover Financial Serv 427,082 427,082
    2,095 Bristol Myers Squibb Co 141,638 141,638
    5,200 Dover Corp 318,812 318,812
    2,959 Carnival Corp Paired Shs 161,206 161,206
    2,383 Cinn Finl Corp Ohio 141,002 141,002
    4,545 EOG Res Inc 321,741 321,741
    8,175 Expeditiors Intl Wash Inc 368,693 368,693
    4,820 Express Scripts 421,316 421,316
    2,000 Exxon Mobil Corp 155,900 155,900
    5,760 Facebook Inc Cl A 602,842 602,842
    4,753 Cisco 129,068 129,068
    2,048 Coca Cola Co 87,982 87,982
    4,445 Gilead Sciences Inc 449,790 449,790
    4,349 Communications Sales & Le 81,283 81,283
    5,945 Congnizant Tech Solutions 356,819 356,819
    6,900 Grifols SA pons Adr ClB 223,560 223,560
    3,550 Homefed Corp 120,878 120,878
    3,300 Laboratory Corp Amer Hldg 408,012 408,012
    5,257 Corrections Corp of Amer 139,258 139,258
    9,000 Discovery Communications 240,120 240,120
    7,852 Lowes Companies Inc 597,066 597,066
    500 Markel 441,675 441,675
    15,000 Matador Res Co 296,550 296,550
    2,240 McKesson Corp 441,795 441,795
    6,900 Merck 364,458 364,458
    25,726 Microsoft Corp 1,427,278 1,427,278
    1,192 Dominion Resources Inc 80,627 80,627
    1,475 Duke Energy Corp 105,300 105,300
    5,861 CA Inc 167,390 167,390
    3,575 Occidental Petroleum Corp 241,706 241,706
    1,732 Eli Lilly & Co 145,938 145,938
    1,512 General Dynamics 207,688 207,688
    185 Priceline Com Inc 235,866 235,866
    7,097 General Electric Co 221,072 221,072
    3,800 Renaissancere Holdings 430,122 430,122
    3,077 Hasbro Inc 207,267 207,267
    1,100 IBM Corp 151,382 151,382
    5,300 Schlumberger Ltd 369,675 369,675
    5,800 Scripps Networks Interact 320,218 320,218
    5,930 Spirit Airlines 236,311 236,311
    3,125 IHS Inc Cl A 370,094 370,094
    10,300 US Bancorp 439,501 439,501
    1,500 United Technologies Corp 144,105 144,105
    6,500 Visa Inc Cl A 504,075 504,075
    6,855 Walgreen Boots Alliance 583,738 583,738
    3,500 Waters Corp 471,030 471,030
    14,693 Wells Fargo & Co 798,711 798,711
    4,640 Intel Corp 159,848 159,848
    11,431 Kinder Morgan Inc 170,551 170,551
    4,677 Mosaic Co. 129,038 129,038
    335 Newmarket Corp 127,545 127,545
    1,922 Norfolk Sthn Corp 162,582 162,582
    332 PJT Partners 9,393 9,392
    9,890 PTC Therapeutics 320,436 320,436
    2,130 Paychex 112,656 112,656
    5,344 Pfizer Inc 172,504 172,504
    3,363 Reynolds Amern Inc 155,202 155,202
    2,265 Salesforce Com Inc 177,576 177,576
    1,895 Southern Co. 50,957 50,957
    1,993 Verizon Commun Com 92,116 92,116
    6,000 W.P. Carey Inc REITS 354,000 354,000

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    US Government Securities - End of Year Book Value:

    100,003
    US Government Securities - End of Year Fair Market Value:

    100,003
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2015 InvestmentsOtherSchedule2
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    87848.514 Dreyfus Inter Term Fund FMV 1,167,507 1,167,507
    26,745 Vanguard Short-Term FMV 2,112,588 2,112,588
    13300 Blackstone Group LP FMV 388,892 388,892
    Bio Ventures Invest IV LP FMV 156,842 156,842
    Harmony Fund Partners FMV 844,445 844,445
    Harmony Partners II FMV 672,219 672,219

    TY 2015 OtherDecreasesSchedule
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Description Amount
    Revaluation of Securities to Market Value 3,029,412


    TY 2015 OtherExpensesSchedule
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office and Misc. 2,239 0   0
    Payroll Processing 851 0   0
    Investment Expense from K-1 40,602 40,602   0
    Other Expense from K-1 26,473 0   0
    Unrelated Business Taxable Loss from K-1's 12,134 0   0


    TY 2015 OtherIncomeSchedule2
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    From Partnership K-1's 2,468 2,468 2,468


    TY 2015 OtherIncreasesSchedule
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Description Amount
    Decrease in Deferred Taxes 60,750


    TY 2015 OtherLiabilitiesSchedule
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred Federal Excise Taxes 163,255 102,505


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Fees 112,617 112,617   0
    Grantmaking Services 39,166 0   39,166


    TY 2015 TaxesSchedule
    Name:
    William E Schrafft & Bertha E Schrafft
     
    Charitable Trust
    EIN:
    04-6065605
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MA Filing Fee and Excise 359 0   0
    Payroll Taxes 3,640 0   0
    Federal Taxes 361 0   0
    Foreign Taxes Paid 7,407 7,407   0