TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 05-01-2015 , and ending 04-30-2016

Name of foundation
ROSEMAN ANNA & ISADORE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)THREE RADNOR CORPORATE CTR NO 450
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
RADNOR, PA19087

A Employer identification number

23-6676499

B Telephone number (see instructions)

(855) 739-2920

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

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

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

$3,478,353J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	88,104		88,104
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		399,078
b	Gross sales price for all assets on line 6a 2,631,309
7	Capital gain net income (from Part IV, line 2)...			399,078
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........	487,182		487,182	0
13	Compensation of officers, directors, trustees, etc.	30,615		20,372	0	10,243
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		22,084	0	0	22,084
b	Accounting fees (attach schedule).......		1,000	0	0	1,000
c	Other professional fees (attach schedule)....		2,282	2,282	0	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		671	0	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	56,652		22,654	0	33,327
25	Contributions, gifts, grants paid.......	155,434				155,434
26	Total expenses and disbursements. Add lines 24 and 25	212,086		22,654	0	188,761
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	275,096
b	Net investment income (if negative, enter -0-)			464,528
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	238,235	67,040	67,040
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	232,685	197,883	199,722
	b	Investments—corporate stock (attach schedule).......	1,431,771	2,071,870	2,346,689
	c	Investments—corporate bonds (attach schedule).......	988,281	830,190	864,902
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,890,972	3,166,983	3,478,353
	17	Accounts payable and accrued expenses..........		1,325
	18	Grants payable..................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	1,325
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	2,890,972	3,165,658
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	0	0
	30	Total net assets or fund balances (see instructions).....	2,890,972	3,165,658
	31	Total liabilities and net assets/fund balances (see instructions).	2,890,972	3,166,983

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

2,890,972

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

275,096

Other increases not included in line 2 (itemize) bullet

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

3,166,068

Decreases not included in line 2 (itemize) bullet

410

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

3,165,658

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES	2001-01-01	2015-12-31
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,631,309	2,232,231	399,078
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			399,078
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	399,078
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	0

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2014	103,354	3,571,593	0.028938
2013	214,511	3,413,095	0.062849
2012	168,444	3,351,218	0.050264
2011	155,430	3,249,606	0.047830
2010	222,885	3,249,597	0.068589

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

20.258470

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .

0.051694

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

3,433,981

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

177,516

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

4,645

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

182,161

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

188,761

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

Form 990-PF (2015)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	4,645
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	4,645
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	4,645
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	1,413
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	1,413
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	3,240
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

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

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

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

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

THE HAVERFORD TRUST COMPANY Telephone no. bullet

(610) 995-8747

Located at bullet

THREE RADNOR CORPORATE CENTER STE450RADNORPA ZIP+4 bullet

19087

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo

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

16 No

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

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2015?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2015, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2015?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation

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

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

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

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

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?

Form 990-PF (2015)

Page 6

Part VII-B

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

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2015)

Page 7

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
WELLS FARGO BANK TO 082515	CO-TRUSTEE 40.00	18,333
1525 W WT HARRIS BLVD D114-044 CHARLOTTE,NC28262	CO-TRUSTEE 40.00	18,333
THE HAVERFORD TRUST AS OF 082515	CO-TRUSTEE 40.00	8,830
THREE RADNOR CORPORATE CENTER SUITE 450 RADNOR,PA19087	CO-TRUSTEE 40.00	8,830
LEONARD I KORMAN	CO-TRUSTEE 5.00	863
THREE RADNOR CORPORATE CENTER SUITE 450 RADNOR,PA19087	CO-TRUSTEE 5.00	863
MORRIS P BARAN ESQ	CO-TRUSTEE 5.00	863
THREE RADNOR CORPORATE CENTER SUITE 450 RADNOR,PA19087	CO-TRUSTEE 5.00	863
DANIEL J PACK	CO-TRUSTEE 5.00	863
THREE RADNOR CORPORATE CENTER SUITE 450 RADNOR,PA19087	CO-TRUSTEE 5.00	863
ALISON KORMAN FELDMAN	CO-TRUSTEE 5.00	863
THREE RADNOR CORPORATE CENTER SUITE 450 RADNOR,PA19087	CO-TRUSTEE 5.00	863

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

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

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

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

3,251,492

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

234,783

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

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

3,486,275

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

3,486,275

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

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

52,294

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

3,433,981

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

171,699

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

171,699

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

4,645

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

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

4,645

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

167,054

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

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

167,054

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

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

167,054

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

188,761

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

188,761

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

4,645

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

184,116

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

Form 990-PF (2015)

Page 9

Part XIII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2014	(c) 2014	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7				167,054
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......			155,433
b Total for prior years:20, 20, 20		0
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........	0
4Qualifying distributions for 2015 from Part
XII, line 4: $ 188,761
a Applied to 2014, but not more than line 2a			155,433
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.....				33,328
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2015.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........				133,726
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...	0
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2011....
b Excess from 2012....
c Excess from 2013....
d Excess from 2014....
e Excess from 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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2015	(b) 2014	(c) 2013	(d) 2012	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

Form 990-PF (2015)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BRANDEIS UNIVERSITY PO BOX 549110 MS 128 WALTHAM,MA022549110	NONE	PC	GENERAL SUPPORT	6,758
BOYS TOWN JERUSALEM FOUNDATION OF AMERICA 333 E LANCASTER AVENUE 351 WYNNEWOOD,PA19096	NONE	PC	GENERAL SUPPORT	6,758
AMERICAN SOCIETU FOR TECHNION- IIT INC 100 FOUR FALLS CORP CTR STE 211 WEST CONSHOHOCKEN,PA19428	NONE	PC	GENERAL SUPPORT	13,516
AMERICAN FRIENDS OF HEBREW UNIVERSITY INC ONE BATTERY PARK PLAZA 25TH FLOOR NEW YORK,NY100041405	NONE	PC	GENERAL SUPPORT	20,274
AMERICAN COMMITTEE FOR THE WEIZMAN INSTITUTE OF SCIENCE INC 633 THIRD AVE NEW YORK,NY10017	NONE	PC	GENERAL SUPPORT	6,758
ALBERT EINSTEIN COLLEGE - YESHIVA UNIVERSITY 500 W 185TH STREET NEW YORK,NY10033	NONE	PC	GENERAL SUPPORT	13,516
HADASSAH INTERNATIONAL MEDICAL RELIEF ASSN 40 WALL STREET NEW YORK,NY10005	NONE	PC	GENERAL SUPPORT	3,379
AMERICAN FRIENDS OF PONEVEZ IN ISRAEL 1133 BROADWAL 823 NEW YORK,NY10010	NONE	PC	GENERAL SUPPORT	6,758
AMERICAN MIZRACHI WOMEN (AMIT) 817 BROADWAY NEW YORK,NY10003	NONE	PC	GENERAL SUPPORT	3,379
BAR-ILAN UNIVERSITY IN ISRAEL 160 EAST 56TH STREET 5TH FLOOR NEW YORK,NY10022	NONE	PC	GENERAL SUPPORT	13,516
PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE 4190 CITY AVENUE STE 240 PHILADELPHIA,PA191311693	NONE	PC	GENERAL SUPPORT	6,758
DREXEL UNIVERSITY 3141 CHESTNUT STREET SUITE 225 PHILADELPHIA,PA19104	NONE	PC	GENERAL SUPPORT	13,516
GRATZ COLLEGE 7605 OLD YORK ROAD MELROSE PARK,PA19027	NONE	PC	GENERAL SUPPORT	6,758
UNIVERSITY OF PENNSYLVANIA 3451 WALNUT STREET SUITE 427 PHILADELPHIA,PA191046205	NONE	PC	GENERAL SUPPORT	6,758
TEMPLE UNIVERSITY 1805 NORTH BROAD STREET PHILADELPHIA,PA191226094	NONE	PC	GENERAL SUPPORT	6,758
TALMUDICAL YESHIVA OF PHILADELPHIA 6063 DREXEL ROAD PHILADELPHIA,PA19131	NONE	PC	GENERAL SUPPORT	6,758
GENERAL BICUR CHOLIM HOSPITAL 33 WEST 31ST STREET NEW YORK,NY10001	NONE	PC	GENERAL SUPPORT	6,758
AMERICAN FRIENDS OF MEIR MEDICAL CENTER 114 OLD COUNTRY ROAD STE 212 MINEOLA,NY11501	NONE	PC	GENERAL SUPPORT	6,758
Total ................................. 3a				155,434

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2015)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	88,104
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 ............			14	399,078
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		487,182	0

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

13487,182

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2015)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2015 AccountingFeesSchedule

Name:

ROSEMAN ANNA & ISADORE FOUNDATION

EIN:

23-6676499

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREP SERVICES	1,000	0	0	1,000

- TIN:

TY 2015 InvestmentsCorpBondsSchedule

Name:

ROSEMAN ANNA & ISADORE FOUNDATION

EIN:

23-6676499

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMERICAN EXPRESS 1.3% 7/29/16	40,065	40,060
AMERICAN EXPRESS CREDIT 2.80% 09/19/16	6,167	6,044
APPLE INC	0	0
BANK OF AMERICA CORP 4.125% 01/22/24	4,107	4,241
CHEVRON CORP 2.355% 12/5/22	43,077	45,200
CITIGROUP INC 3.375% 3/1/23	2,961	3,085
COMCAST CORP	0	0
COMCAST CORP 6.4% 3/1/40	3,843	4,135
CVS CAREMARK CORP 2.255 12/5/18	45,479	46,031
ENTERPRISE PRODUCTS	0	0
FANNIE MAE 1.5% 11/30/20	4,995	5,031
FANNIE MAE 2.625% 9/6/24	5,022	5,261
FID ADV EMER MKTS IN	0	0
FNCL POOL # 745418 5.50% 4/1/36	825	824
FORD MOTOR COMPANY 4.75% 1/15/43	5,935	6,238
FREDDIE MAC 3.75% 3/27/19	6,537	6,473
GENERAL ELECTRIC CAP CORP 5.875% 01/14/2038	3,608	3,955
GOLDMAN SACHS GROUP INC 4.00% 3/3/24	4,050	4,220
ISHARES LEHMAN US TRES TIPS (TIP)	100,409	112,812
ISHARES TIPS BOND ET	0	0
JB HUNT TRANSPRT SVCS 2.4% 3/15/19	45,561	45,048
JPMORGAN ALERIAN MLP INDEX ETN (AMJ)	45,263	53,141
JPMORGAN CHASE & CO 4.40% 7/22/20	5,424	5,428
KRAFT FOODS INC	0	0
PIMCO FOREIGN BOND USD HEDGE I SHARES (PFORX)	160,000	156,461
PIMCO HIGH YIELD FD	0	0
PRINCIPAL PREFERRED	0	0
UNITED MEXICAN STATE	0	0
VERIZON COMMUNICATIONS	0	0
VERIZON COMMUNICATIONS 3.5% 11/1/24	41,184	41,698
VERIZON COMMUNICATIONS 5.15% 9/15/23	5,606	5,750
WESTERN ASSET INTERMEDIATE BOND FUN I (WATIX)	250,072	263,766
WESTERN ASSET SMASH	0	0
WESTERN ASSET SMASH	0	0
WESTERN ASSET SMASH	0	0

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

ROSEMAN ANNA & ISADORE FOUNDATION

EIN:

23-6676499

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACCENTURE PLC (CAN)	28,777	33,086
AIR PRODS & CHEMS INC COM (APD)	18,213	18,528
ALLSTATE CORP	0	0
ALTRIA GROUP INC (MO)	21,744	22,952
AMC NETWORKS INC	0	0
AMERICAN ELEC PWR INC COM (AEP)	38,172	39,307
AMERICAN EXPRESS CO	0	0
AMERISOURCEBERGEN CORP COM (ABC)	23,975	21,615
ANHEUSER?BUSCH INBEV SPN ADR (BUD)	30,048	31,293
AON PLC	0	0
APPLE INC COM (AAPL)	5,814	10,030
ARCHER DANIELS MIDLANDS	0	0
AT&T INC	0	0
AUTOMATIC DATA PROCESSING IN COM (ADP)	21,613	24,498
B/E AEROSPACE INC	0	0
BANK NEW YORK MELLON	0	0
BAXTER INTL INC (BAX)	24,401	29,097
BB&T CORP COM	0	0
BECTON DICKSINSON & CO COM (BDX)	28,763	33,058
BIOGEN INC	0	0
BLACKROCK INC (BLK)	36,196	42,047
BRISTOL MYERS SQUIBB	0	0
BROADCOM CORPORATION	0	0
CA INC	0	0
CAMERON INTL CORP	0	0
CARDINAL HEALTH INC	0	0
CHEVRON CORPORATION (CVX)	20,491	26,056
CIGNA CORP	0	0
CISCO SYSTEMS INC	0	0
COCA COLA CO COM (KO)	34,699	38,976
COGNIZANT TECH SOLUT	0	0
COMCAST CORP CLASS A	0	0
COMCAST CORP NEW - CL A (CMCS A)	7,069	8,081
CONOCOPHILLIPS	0	0
CORE LABORATORIES	0	0
COSTCO WHOLESALE CORP	0	0
CVS HEALTH CORPORATION	0	0
CVS HEALTH CORPORATION (CVS)	9,657	26,030
DANAHER CORP	0	0
DU PONT E I DE NEMOURS	0	0
DU PONT E I DE NEMOURS & CO COM (DD)	8,392	12,391
EATON CORP PLC	0	0
EATON CORPORATION PLC (ETN)	18,361	23,473
ECOLAB INC	0	0
EDISON INTL COM	0	0
EMC CORP MASS	0	0
EOG RESOURCES INC	0	0
ESTEE LAUDER COMPANIES	0	0
E-TRACS ALERIAN MLP	0	0
EXPRESS SCRIPTS HOLDING	0	0
EXXON MOBIL CORP COM (XOM)	25,929	31,559
FACEBOOK INC	0	0
GENERAL ELECTROC CO COM (GE)	36,085	39,083
GENESSEE & WYOMING INC	0	0
GENUINE PARTS CO COM (GPC)	21,676	26,488
GILEAD SCIENCES INC (GILD)	21,905	23,023
GLAXOSMITHKLINE PLC SPONSORED ADR (GSK)	21,612	23,772
GOLDEN SMALL CAP CO	0	0
GOOGLE INC CL C	0	0
HALLIBURTON CO	0	0
INTEL CORP COM (INTC)	8,857	11,446
INTERCONTINENTAL EXC	0	0
ISHARES CORE MSCI EAFE ETF (IEFA)	168,616	179,890
ISHARES CORE MSCI EMERGING (IEMG)	192,016	222,824
ISHARES CORE S&P SMALL	0	0
ISHARES MSCI EAFE ET	0	0
ISHARES MSCI EMERG MKT MIN (EEMV)	96,247	109,455
ISHARES RUSSELL MID-	0	0
ISHARES S&P MIDCAP 400 INDEX (IJH)	95,966	108,206
ISHARES S&P SMALLCAP 600 FND (IJR)	91,831	107,540
ISHARES SELECT DIVID	0	0
JOHNSON & JOHNSON COM (JNJ)	32,056	41,694
JOHNSON CONTROLS INC	0	0
JPMORGAN CHASE & CO COM (JPM)	35,944	38,931
JUNIPER NETWORKS INC	0	0
KANSAS CITY SOUTHERN	0	0
KIMBERLY CLARK COPR COM (KMB)	28,821	28,919
KRAFT FOODS GROUP INC	0	0
KRAFT HEINZ CO (KHC)	6,462	11,242
LINEAR TECHNOLOGY CO	0	0
LOWES COS INC	0	0
MARATHON OIL CORP	0	0
MARCH & MCLENNAN COS	0	0
MASTERCARD INC CLASS A (MA)	24,103	25,896
MEDTRONIC PLC (MDT)	29,887	32,531
MERCK & CO INC (MRK)	32,619	38,772
MICHAEL KORS HOLDING	0	0
MICROSOFT CORP COM (MSFT)	35,903	34,560
MODELEZ INTERNATIONAL INC (MDLZ)	25,167	25,604
NIKE INC CL B	0	0
NORDSTROM INC	0	0
NORTHROP GRUMMAN CORP	0	0
NOVARTIS AG - ADR	0	0
OCCIDENTAL PETE CORP	0	0
ORACLE CORP COM (ORCL)	36,208	41,574
PANERA BREAD COMPANY	0	0
PEPSICO INC COM (PEP)	34,550	38,198
PERRIGO CO PLC	0	0
PFIZER INC COM (PFE)	29,439	32,056
PHILIP MORRIS INTERNATIONAL (PM)	28,380	31,398
PRAXAIR INC COM	0	0
PROCTER & GAMBLE CO COM (PG)	21,694	22,914
QUALCOMM INC	0	0
QUEST DIAGNOSTICS	0	0
RAYTHEON COMPANY	0	0
ROSS STORES INC	0	0
SCHLUMBERGER LTD COM (SLB)	28,721	35,992
STARBUCKS CORP COM	0	0
SUNTRUST BANKS INC	0	0
T ROWE PRICE REAL ESTATE	0	0
TARGET CORP COM (TGT)	21,706	24,009
TEXAS INSTRUMENTS INC	0	0
THE HERSHEY COMPANY	0	0
THE PRICELINE GROUP	0	0
TJX COS INC NEW COM (TJX)	36,130	40,564
TWEEDY BROWNE FD GLO	0	0
TWENTY FIRST CENTURY FOX -B (FOX)	23,493	23,072
UNITED PARCEL SERVICE INC CL B (UPS)	28,935	33,412
UNITED TECHNOLOGIES CORP (UTX)	36,189	41,852
UNITEDHEALTH GROUP INC COM (UNH)	28,915	35,027
VANGUARD FTSE ALL WORLD EX?US SMALL?CAP ETF (VSS)	48,166	53,199
VANGUARD FTSE EMERGING	0	0
VANGUARD FTSE EUROPE ETF (VGK)	84,372	90,147
VANGUARD FTSE PACIFIC ETF (VPL)	48,234	50,588
VERIZON COMMUNICATIONS INC COM (VZ)	21,074	25,368
VISA INC CLASS A SHARES	0	0
VMWARE INC	0	0
VOYA INTL RL EST FD	0	0
WALT DISNEY CO COM DISNEY (DIS)	33,369	37,380
WASTE MGMG INC CEL (WM)	7,703	14,227
WELLS FARGO & CO NEW COM (WFC)	36,112	36,236
WHOLE FOODS MKT INC	0	0
WW GRAINGER INC (GWW)	30,393	37,523
XEROX CORP	0	0

- TIN:

TY 2015 InvestmentsGovtObligationsSch

Name:

ROSEMAN ANNA & ISADORE FOUNDATION

EIN:

23-6676499

US Government Securities - End of Year Book Value:

197,883

US Government Securities - End of Year Fair Market Value:

199,722

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

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

- TIN:

TY 2015 LegalFeesSchedule

Name:

ROSEMAN ANNA & ISADORE FOUNDATION

EIN:

23-6676499

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
COZEN O'CONNER	22,084	0	0	22,084

- TIN:

TY 2015 OtherDecreasesSchedule

Name:

ROSEMAN ANNA & ISADORE FOUNDATION

EIN:

23-6676499

Description	Amount
COST BASIS ADJUSTMENT	410

- TIN:

TY 2015 OtherProfessionalFeesSchedule

Name:

ROSEMAN ANNA & ISADORE FOUNDATION

EIN:

23-6676499

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY	2,282	2,282	0	0

- TIN:

TY 2015 TaxesSchedule

Name:

ROSEMAN ANNA & ISADORE FOUNDATION

EIN:

23-6676499

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ESTIMATE FORM 990-PF TAX YEAR ENDING 06/30/16, LESS REFUND FOR FYE 09/30/14	671	0	0	0