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
NICHOLAS NEWLIN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)219 S CHEYNEY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GLEN MILLS, PA19342
A Employer identification number

23-1600703
B Telephone number (see instructions)

(610) 459-2359
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$15,376,176J 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) 74,613
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 149 149  
4 Dividends and interest from securities... 413,309 413,309  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 568,929
b Gross sales price for all assets on line 6a 1,955,569
7 Capital gain net income (from Part IV, line 2)... 568,929
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 3,294
b Less: Cost of goods sold.... 1,890
c Gross profit or (loss) (attach schedule)..... 1,404 1,404
11 Other income (attach schedule)....... Click to see attachment 95,776 0 95,776
12 Total. Add lines 1 through 11........ 1,154,180 982,387 97,180
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 293,654 0 22,825 270,829
15 Pension plans, employee benefits....... 62,055 0 0 62,055
16a Legal fees (attach schedule)......... Click to see attachment 14,615 0 0 14,615
b Accounting fees (attach schedule)....... Click to see attachment 10,800 6,800 0 4,000
c Other professional fees (attach schedule).... Click to see attachment 2,717 0 0 2,717
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 19,892 0 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 59,039 0 59,039
20 Occupancy.............. 85,661 0 0 85,661
21 Travel, conferences, and meetings....... 4,675 0 0 4,675
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 149,957 50,647 15,316 83,994
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 703,065 57,447 97,180 528,546
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 703,065 57,447 97,180 528,546
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 451,115
b Net investment income (if negative, enter -0-) 924,940
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 240,263 88,393 88,393
2 Savings and temporary cash investments......... 2,464,139 871,625 871,626
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.............. 17,738 18,953 18,953
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 109,234 Click to see attachment102,422 102,422
b Investments—corporate stock (attach schedule)....... 9,880,218 Click to see attachment11,933,583 11,933,583
c Investments—corporate bonds (attach schedule)....... 65,437 Click to see attachment63,215 63,215
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,012,960 Click to see attachment477,620 477,620
14 Land, buildings, and equipment: basis bullet3,081,906
Less: accumulated depreciation (attach schedule) bullet1,313,625 1,782,350 Click to see attachment1,768,281 1,768,281
15 Other assets (describe bullet) Click to see attachment16,366 Click to see attachment52,083 Click to see attachment52,083
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,588,705 15,376,175 15,376,176
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 attachment44 Click to see attachment66
23 Total liabilities (add lines 17 through 22)......... 44 66
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 15,583,661 15,342,451
25 Temporarily restricted............... 5,000 33,658
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)..... 15,588,661 15,376,109
31 Total liabilities and net assets/fund balances (see instructions). 15,588,705 15,376,175
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
15,588,661
2
Enter amount from Part I, line 27a .....................
2
451,115
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,039,776
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
663,667
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
15,376,109
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 JMS ACCOUNT 6214-5867 SECURITIES P    
b JMS ACCOUNT 6214-5866 SECURITIES P    
c JMS ACCOUNT 6214-5865 SECURITIES P    
d JMS ACCOUNT 6214-5865 SECURITIES P    
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 98,989   70,307 28,682
b 384,711   235,775 148,936
c 1,168,615   796,398 372,217
d 303,254   284,160 19,094
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       28,682
b       148,936
c       372,217
d       19,094
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 2 568,929
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 564,620 13,316,621 0.042400
2013 518,396 12,449,040 0.041641
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
20.084041
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
0.042021
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
13,365,540
5
Multiply line 4 by line 3......................
5
561,633
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,249
7
Add lines 5 and 6........................
7
570,882
8
Enter qualifying distributions from Part XII, line 4.............
8
607,772
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 9,249
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 9,249
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 9,249
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 6,550
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,064
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,614
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 40
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,325
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,325 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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.NEWLINGRISTMILL.ORG
    14
    The books are in care ofbulletTHE NICHOLAS NEWLIN FOUNDATION Telephone no.bullet (610) 459-2359

    Located atbullet219 S CHEYNEY RDGLEN MILLSPA ZIP+4bullet19342
    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
    MORTIMER NEWLIN SELLERS EXECUTIVE TRUSTEE
    5.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    PATRICK HARSHBARGER DEPUTY EXECUTIVE TRUSTEE
    5.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    SUSAN RAPP SECRETARY
    5.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    HENRY THOMPSON JR TREASURER
    5.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    ELIZABETH NEWLIN CARNEY BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    MARIANNE D SQUYRES BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    HENRY F THOMPSON SR BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    BILL NEWLIN JR BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    LUCY BELL JARKA-SELLERS BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    JOHANNES JARKA-SELLERS BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    FRANCES STEAD SELLERS BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    MASON THOMPSON BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    LAWRENCE DUNBAR BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    MARK WILCOX III BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    JANE ALAVI BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    JAMIE BRUTON BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    CHAD GROVES BOARD MEMBER
    1.00     		0 0 0
    219 S CHENEY ROAD
    GLEN MILLS,PA19342
    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
    ANTHONY SHAHAN DIRECTOR
    40.00     		72,333 12,170 0
    219 S CHEYNEY ROAD
    GLEN MILLS,PA19342
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 TO MAINTAIN, PRESERVE, AND OPEN TO THE PUBLIC HISTORIC PROPERTIES AND LAND KNOWN AS NEWLIN MILL PARK FOR THE PUBLIC'S EDUCATION AND ENJOYMENT. THE PARK IS COMPRISED OF 160 ACRES WITH SEVERAL HISTORIC STRUCTURES - INCLUDING A WORKING WATER POWERED GRIST MILL BUILT IN 1704. APPROXIMATELY 35,000 VISITORS A YEAR ENJOY A VARIETY OF ACTIVITES INCLUDING ENVIRONMENTAL AND HISTORICAL EDUCATION, NATURE TRAILS, FISHING PONDS, BASEBALL DIAMONDS AND PICNIC AREAS. 528,546
    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
    13,187,021
    b
    Average of monthly cash balances.......................
    1b
    382,055
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,569,076
    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
    13,569,076
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    203,536
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,365,540
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    668,277
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    668,277
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    9,249
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,249
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    659,028
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    659,028
    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
    659,028
    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
    528,546
    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
    79,226
    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
    607,772
    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
    9,249
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    598,523
    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 7 659,028
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 157,733
    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: bullet$ 607,772
    a Applied to 2014, but not more than line 2a 157,733
    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..... 450,039
    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 ..........     		208,989
    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)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aPROGRAM FEES         53,637
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 149  
    4 Dividends and interest from securities....     14 413,309  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 568,929  
    9 Net income or (loss) from special events:     01    
    10 Gross profit or (loss) from sales of inventory..     03 1,404  
    11 Other revenue:
    aRIGHT OF WAY EASEMENT PAYMENT     		    15 17,887  
    bRENTAL OF PARK PROPERTY     16 16,050  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,017,728 53,637
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,071,365
    (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.)
    1 INCLUDES FEES FOR TOURS OF HISTORICAL BUILDINGS ON THE GROUNDS AS WELL AS NATURE TOURS, WORKSHOPS AND SUMMER DISCOVERY PROGRAM (FOR YOUTHS) WHICH PROVIDE PARTICIPANTS WITH HISTORICAL AND ENVIRONMENTAL EDUCATION OPPORTUNITIES. OTHER PROGRAM FEES SUCH AS BALL FIELD RENTAL, FISHING FEES AND CABIN RENTALS PROMOTE RECREATIONAL ACTIVITIES.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


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

    23-1600703
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    NICHOLAS NEWLIN FOUNDATION
          		Employer identification number
    23-1600703
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    LUCY BELL NEWLIN SELLERS  
    413 W STAFFORD ST
     
    PHILADELPHIA, PA19144

    		$ 10,250


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    NICHOLAS NEWLIN FOUNDATION
          		Employer identification number

    23-1600703
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    NICHOLAS NEWLIN FOUNDATION
          		Employer identification number

    23-1600703
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT/ACCOUNTING 10,800 6,800 0 4,000

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

    TY 2015 DepreciationSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND 1960-12-02 306,677   L   0 0 0  
    OLD FULLY DEPRECIATED BLDG & IMPS 1999-12-31 39,779 39,779 SL 20.000000000000 0 0 0  
    DECK 2008-07-04 648 648 SL 20.000000000000 0 0 0  
    ROOF 2004-05-15 9,225 4,918 SL 20.000000000000 461 0 461  
    AIR CONDITIONER 2004-07-15 3,291 3,291 SL 10.000000000000 0 0 0  
    CARPET 2006-04-10 2,332 2,039 SL 10.000000000000 233 0 233  
    FURNITURE 2006-07-10 4,093 1,394 SL 25.000000000000 164 0 164  
    ELECTRIC IMPS 2006-10-01 1,621 641 SL 20.000000000000 81 0 81  
    OLD FULLY DEPRECIATED BLDG & IMPS 1975-12-31 69,976 69,976 SL 0 % 0 0 0  
    MAJOR RENOVATIONS 1975-07-31 82,416 81,737 SL 40.000000000000 679 0 679  
    IMPROVEMENTS 1976-04-30 2,390 2,327 SL 40.000000000000 60 0 60  
    ROOF 2007-10-30 67,100 24,044 SL 20.000000000000 3,355 0 3,355  
    OLD FULLY DEPRECIATED BLDG & IMPS 1997-12-31 88,537 88,537 SL 0 % 0 0 0  
    ROOF - MILLER HOUSE 1997-05-20 11,885 5,233 SL 40.000000000000 297 0 297  
    HEATER 2008-01-29 4,211 1,459 SL 20.000000000000 211 0 211  
    OLD FULLY DEPRECIATED BLDG & IMPS 1979-12-31 844 844 SL 20.000000000000 0 0 0  
    LOG CABIN 1979-06-30 33,356 30,166 SL 40.000000000000 834 0 834  
    LOG CABIN ROOF 2007-11-14 30,229 10,829 SL 20.000000000000 1,511 0 1,511  
    OLD FULLY DEPRECIATED BLDG & IMPS 1999-12-31 33,879 33,879 SL 0 % 0 0 0  
    WATER HEATER 2007-12-31 749 525 SL 10.000000000000 75 0 75  
    OLD FULLY DEPRECIATED BLDG & IMPS 1999-12-31 6,503 6,503 SL 20.000000000000 0 0 0  
    OFFICE - STATION BUILDING 1968-05-31 15,695 15,695 SL 40.000000000000 0 0 0  
    HOLDING TANK 1982-09-30 3,250 3,249 SL 30.000000000000 0 0 0  
    PLASTER/ROOF 1988-12-31 13,570 13,570 SL 20.000000000000 0 0 0  
    WATER HEATER 1999-11-01 488 488 SL 10.000000000000 0 0 0  
    OFFICE - BUILDING ADDITION 2000-12-01 814,170 286,654 SL 40.000000000000 20,354 0 20,354  
    OLD FULLY DEPRECIATED BLDG & IMPS 1999-12-31 4,633 4,633 SL 0 % 0 0 0  
    RENOVATIONS 1968-05-31 3,444 3,444 SL 40.000000000000 0 0 0  
    IMPROVEMENTS 1979-06-30 3,300 2,954 SL 40.000000000000 83 0 83  
    SEWER/WELL 1983-03-09 2,234 1,792 SL 40.000000000000 56 0 56  
    ELECTRIC IMPS 1988-02-18 605 605 SL 20.000000000000 0 0 0  
    WINDOWS 1994-01-20 4,485 4,485 SL 20.000000000000 0 0 0  
    FURNACE 1994-03-22 2,200 2,200 SL 20.000000000000 0 0 0  
    ROOF 1998-09-16 5,045 4,108 SL 20.000000000000 252 0 252  
    PROPANE HEATER 2001-01-01 450 156 SL 40.000000000000 11 0 11  
    MISC EQUIPMENT 2002-09-30 840 840 SL 10.000000000000 0 0 0  
    FURNACE 2005-01-14 1,985 1,985 SL 10.000000000000 0 0 0  
    SPRINGHOUSE - BUILDING 1977-09-30 7,038 6,599 SL 40.000000000000 176 0 176  
    BARN 1986-10-27 58,256 41,388 SL 40.000000000000 1,456 0 1,456  
    MILLERS HOUSE 1998-02-03 196 196 SL 10.000000000000 0 0 0  
    MILLERS HOUSE 1998-03-09 220 220 SL 10.000000000000 0 0 0  
    BAKE OVENS 2000-05-10 959 959 SL 10.000000000000 0 0 0  
    MAINTENANCE GARAGE 1995-01-21 53,115 26,818 SL 40.000000000000 1,328 0 1,328  
    HEATER 1995-03-31 550 550 SL 10.000000000000 0 0 0  
    BLACKSMITH SHOP 1975-06-30 4,388 4,388 SL 40.000000000000 0 0 0  
    HOUSE 1998-08-07 327,696 134,383 SL 40.000000000000 8,192 0 8,192  
    ROOF 2004-08-01 11,900 6,198 SL 20.000000000000 595 0 595  
    BROILER 2005-11-15 7,615 6,980 SL 10.000000000000 635 0 635  
    IMPROVEMENTS 2006-01-15 3,717 1,673 SL 20.000000000000 186 0 186  
    HEATER 2006-11-24 10,935 4,422 SL 20.000000000000 547 0 547  
    GARAGE ROOF 2008-06-10 3,975 1,310 SL 20.000000000000 199 0 199  
    OLD FULLY DEPRECIATED IMPS 1999-12-31 18,698 18,698 SL 20.000000000000 0 0 0  
    SIDEWALK 1993-12-10 1,774 1,774 SL 20.000000000000 0 0 0  
    TREES 2005-11-08 875 403 SL 20.000000000000 44 0 44  
    FENCING 2006-10-01 2,205 1,821 SL 10.000000000000 221 0 221  
    BRIDGE - FEE 1968-05-31 1,018 1,018 SL 30.000000000000 0 0 0  
    BRIDGE 1993-09-30 2,380 2,380 SL 20.000000000000 0 0 0  
    PARKING AREA 1979-12-31 1,302 1,150 SL 40.000000000000 33 0 33  
    MILL MODEL 1990-05-31 4,400 2,733 SL 40.000000000000 110 0 110  
    MILL EXHIBIT 1993-06-07 100,512 54,830 SL 40.000000000000 2,513 0 2,513  
    MILL PICTURE 1996-10-15 209 93 SL 40.000000000000 5 0 5  
    PRINTS 1997-09-25 951 412 SL 40.000000000000 24 0 24  
    PHOTOS 1998-12-31 949 756 SL 20.000000000000 47 0 47  
    OLD FULLY DEPRECIATED FURNITURE & FIXTURES 1999-12-31 5,088 5,088 SL 10.000000000000 0 0 0  
    OLD FULLY DEPRECIATED EQUIPMENT 1999-12-31 6,499 6,499 SL 10.000000000000 0 0 0  
    FORD F350 1986-12-31 15,028 15,028 SL 5.000000000000 0 0 0  
    FORD TRUCK 2006-05-03 16,450 16,450 SL 7.000000000000 0 0 0  
    OLD FULLY DEPRECIATED EQUIPMENT 1999-12-31 32,146 32,146 SL 10.000000000000 0 0 0  
    OLD FULLY DEPRECIATED EQUIPMENT 1999-12-31 16,006 16,006 SL 10.000000000000 0 0 0  
    SAW CHAINS 1998-04-28 218 218 SL 5.000000000000 0 0 0  
    JOHN DEERE EQUIP 2006-05-16 7,297 7,297 200DB 5.000000000000 0 0 0  
    JOHN DEERE EQUIP 2006-05-16 5,000 5,000 SL 7.000000000000 0 0 0  
    GATOR TS UTILITY 2006-05-01 5,000 5,000 SL 7.000000000000 0 0 0  
    OLD FULLY DEPRECIATED EQUIPMENT 1999-12-31 16,128 16,128 SL 10.000000000000 0 0 0  
    OFFICE EQUIPMENT 2000-04-10 100 100 SL 10.000000000000 0 0 0  
    VACUUM CLEANER 2001-01-01 530 530 SL 5.000000000000 0 0 0  
    SOFTWARE 2005-03-03 3,480 3,480 SL 3.000000000000 0 0 0  
    COMPUTERS 2006-05-01 5,300 5,300 SL 5.000000000000 0 0 0  
    COMPUTERS 2006-03-31 5,313 5,313 SL 5.000000000000 0 0 0  
    POOL REMOVAL 2002-09-30 3,800 1,164 SL 40.000000000000 95 0 95  
    TANK REMOVAL 2002-09-30 600 169 SL 40.000000000000 15 0 15  
    TREE WORK 2002-09-30 940 292 SL 40.000000000000 24 0 24  
    GARDEN 2004-06-01 15,085   NC 40.000000000000 0 0 0  
    ROOF 1990-12-31 2,295 1,856 SL 30.000000000000 77 0 77  
    BOY SCOUT CABIN 1969-12-23 650 650 SL 20.000000000000 0 0 0  
    NEW HEATING SYSTEM - MILLERS HOUSE 2009-03-18 38,065 10,942 SL 20.000000000000 1,903 0 1,903  
    FENCE - SCOTT RD PERIMETER 2009-04-13 899 517 SL 10.000000000000 90 0 90  
    HEATING FUEL TANK 2009-12-18 1,800 600 SL 15.000000000000 120 0 120  
    FENCE ALONG PROPERTY LINE 2009-12-21 5,784 2,890 SL 10.000000000000 578 0 578  
    BOILER 2010-09-23 5,857 2,490 SL 10.000000000000 586 0 586  
    TRACTOR 2010-06-18 14,446 6,502 SL 10.000000000000 1,445 0 1,445  
    COMPUTER 2010-04-13 866 822 SL 5.000000000000 44 0 44  
    ARCHIVES COMPUTER 2010-04-13 1,009 959 SL 5.000000000000 50 0 50  
    ROOF 2011-09-19 6,125 995 SL 20.000000000000 306 0 306  
    ROOF 2011-08-31 6,125 1,020 SL 20.000000000000 306 0 306  
    COMPUTER 2011-03-15 899 692 SL 5.000000000000 180 0 180  
    SECURITY SYSTEM 2013-04-01 337 58 SL 10.000000000000 34 0 34  
    SECURITY SYSTEM 2013-04-01 563 97 SL 10.000000000000 56 0 56  
    SECURITY SYSTEM 2013-04-01 336 58 SL 10.000000000000 34 0 34  
    SECURITY SYSTEM 2013-04-01 713 124 SL 10.000000000000 71 0 71  
    NEW FLOOR 2013-09-01 9,100 607 SL 20.000000000000 455 0 455  
    REPOINTING WALLS 2013-12-31 1,261 63 SL 20.000000000000 63 0 63  
    DESK 2013-11-21 2,977 323 SL 10.000000000000 298 0 298  
    ENGINEERING FOR NEW ROOF 2014-06-24 13,246 330 SL 20.000000000000 662 0 662  
    LAND 1998-08-13 100,000   L   0 0 0  
    LAND 1998-08-07 280,000   L   0 0 0  
    SECURITY SYSTEM 2014-03-31 1,695 127 SL 10.000000000000 170 0 170  
    ROOF 2014-06-24 5,336 133 SL 20.000000000000 267 0 267  
    ELECTRIC LINE 2014-03-31 862 65 SL 10.000000000000 86 0 86  
    HAZMAT CABINET 2014-02-18 743 62 SL 10.000000000000 74 0 74  
    COMPRESSOR 2014-04-21 669 45 SL 10.000000000000 67 0 67  
    PARKING LOTS AND ROAD WORK 2014-11-01 11,573 129 SL 15.000000000000 772 0 772  
    TAILRACE PROJECT PRELIM COSTS 2014-12-31 3,424   NC 50.000000000000 0 0 0  
    REBUILD DAM 2014-08-15 43,021 359 SL 50.000000000000 860 0 860  
    FENCE 2014-06-12 1,273 74 SL 10.000000000000 127 0 127  
    7 COMPUTERS 2014-02-18 8,283 1,380 SL 5.000000000000 1,657 0 1,657  
    COMPUTER SERVER 2014-04-28 4,729 631 SL 5.000000000000 946 0 946  
    FUEL TANK 2015-11-19 2,855   SL 20.000000000000 12 0 12  
    WATER WHEEL IMPS 2015-05-27 5,144   SL 20.000000000000 145 0 145  
    FIRE & BURGLER ALARM 2015-08-12 3,023   SL 10.000000000000 126 0 126  
    FILTRATION EQUIPMENT 2015-06-30 2,649   SL 10.000000000000 132 0 132  
    ORIENTATION SIGN 2015-09-26 1,260   SL 8.000000000000 39 0 39  
    CROSSING SIGN/LIGHTS 2015-10-07 1,407   SL 8.000000000000 44 0 44  
    TRAIL SIGN 2015-12-28 1,260   SL 8.000000000000 0 0 0  
    BENCH 2015-06-15 801   SL 10.000000000000 47 0 47  
    TRAIL POND SIGN 2015-12-04 990   SL 8.000000000000 10 0 10  
    FENCING 2015-11-10 1,215   SL 10.000000000000 20 0 20  
    RIDING MOWER 2015-07-22 9,999   SL 10.000000000000 417 0 417  
    USED VERMEER CHIPPER 2015-08-24 13,000   SL 10.000000000000 433 0 433  
    PHONE SYSTEM 2015-09-26 1,368   SL 5.000000000000 68 0 68  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CAMPBELL SOUP DEB 8.875% 63,215 63,215

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AQUA AMERICA INC 589,772 589,772
    ATT 716,588 716,588
    BP PLC SPONS ADR 462,648 462,648
    BRYN MAWR BANK CORP 402,080 402,080
    CAMPBELL SOUP 788,250 788,250
    DEERE & CO 503,382 503,382
    DIVIDEND & INCOME FUND 11,010 11,010
    DNP SELECT INCOME FUND 404,992 404,992
    EXXON MOBIL CORP 277,892 277,892
    FRONTIER COMMUNICATIONS 5,604 5,604
    GENERAL ELECTRIC 1,389,290 1,389,290
    IBM 205,191 205,191
    GLAXOSMITHKILNE 645,600 645,600
    JOHNSON & JOHNSON 832,032 832,032
    KELLOGG CO 505,890 505,890
    MCCORMICK 0 0
    MICROSOFT 221,920 221,920
    PPL 563,145 563,145
    PROCTOR & GAMBLE 809,982 809,982
    J M SMUCKER CO 530,362 530,362
    UGI CORP 227,880 227,880
    VERIZON 415,980 415,980
    BAR HARBOR BANKSHARES 481,880 481,880
    FRANKLIN RESOURCES 220,920 220,920
    HERSHEY COMPANY 178,540 178,540
    PNC FINANCIAL GROUP 95,310 95,310
    SOUTHERN COMPANY 327,530 327,530
    TALEN ENERGY 13,613 13,613
    XEROX 106,300 106,300

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    US Government Securities - End of Year Book Value:

    102,422
    US Government Securities - End of Year Fair Market Value:

    102,422
    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:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERIGAS PARTNERS LP FMV 342,700 342,700
    ENERGY TRANSFER PARTNERS LP FMV 134,920 134,920

    TY 2015 LandEtcSchedule2
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 306,677 0 306,677  
    OLD FULLY DEPRECIATED BLDG & IMPS 39,779 39,779 0  
    DECK 648 648 0  
    ROOF 9,225 5,379 3,846  
    AIR CONDITIONER 3,291 3,291 0  
    CARPET 2,332 2,272 60  
    FURNITURE 4,093 1,558 2,535  
    ELECTRIC IMPS 1,621 722 899  
    OLD FULLY DEPRECIATED BLDG & IMPS 69,976 69,976 0  
    MAJOR RENOVATIONS 82,416 82,416 0  
    IMPROVEMENTS 2,390 2,387 3  
    ROOF 67,100 27,399 39,701  
    OLD FULLY DEPRECIATED BLDG & IMPS 88,537 88,537 0  
    ROOF - MILLER HOUSE 11,885 5,530 6,355  
    HEATER 4,211 1,670 2,541  
    OLD FULLY DEPRECIATED BLDG & IMPS 844 844 0  
    LOG CABIN 33,356 31,000 2,356  
    LOG CABIN ROOF 30,229 12,340 17,889  
    OLD FULLY DEPRECIATED BLDG & IMPS 33,879 33,879 0  
    WATER HEATER 749 600 149  
    OLD FULLY DEPRECIATED BLDG & IMPS 6,503 6,503 0  
    OFFICE - STATION BUILDING 15,695 15,695 0  
    HOLDING TANK 3,250 3,249 1  
    PLASTER/ROOF 13,570 13,570 0  
    WATER HEATER 488 488 0  
    OFFICE - BUILDING ADDITION 814,170 307,008 507,162  
    OLD FULLY DEPRECIATED BLDG & IMPS 4,633 4,633 0  
    RENOVATIONS 3,444 3,444 0  
    IMPROVEMENTS 3,300 3,037 263  
    SEWER/WELL 2,234 1,848 386  
    ELECTRIC IMPS 605 605 0  
    WINDOWS 4,485 4,485 0  
    FURNACE 2,200 2,200 0  
    ROOF 5,045 4,360 685  
    PROPANE HEATER 450 167 283  
    MISC EQUIPMENT 840 840 0  
    FURNACE 1,985 1,985 0  
    SPRINGHOUSE - BUILDING 7,038 6,775 263  
    BARN 58,256 42,844 15,412  
    MILLERS HOUSE 196 196 0  
    MILLERS HOUSE 220 220 0  
    BAKE OVENS 959 959 0  
    MAINTENANCE GARAGE 53,115 28,146 24,969  
    HEATER 550 550 0  
    BLACKSMITH SHOP 4,388 4,388 0  
    HOUSE 327,696 142,575 185,121  
    ROOF 11,900 6,793 5,107  
    BROILER 7,615 7,615 0  
    IMPROVEMENTS 3,717 1,859 1,858  
    HEATER 10,935 4,969 5,966  
    GARAGE ROOF 3,975 1,509 2,466  
    OLD FULLY DEPRECIATED IMPS 18,698 18,698 0  
    SIDEWALK 1,774 1,774 0  
    TREES 875 447 428  
    FENCING 2,205 2,042 163  
    BRIDGE - FEE 1,018 1,018 0  
    BRIDGE 2,380 2,380 0  
    PARKING AREA 1,302 1,183 119  
    MILL MODEL 4,400 2,843 1,557  
    MILL EXHIBIT 100,512 57,343 43,169  
    MILL PICTURE 209 98 111  
    PRINTS 951 436 515  
    PHOTOS 949 803 146  
    OLD FULLY DEPRECIATED FURNITURE & FIXTURES 5,088 5,088 0  
    OLD FULLY DEPRECIATED EQUIPMENT 6,499 6,499 0  
    FORD F350 15,028 15,028 0  
    FORD TRUCK 16,450 16,450 0  
    OLD FULLY DEPRECIATED EQUIPMENT 32,146 32,146 0  
    OLD FULLY DEPRECIATED EQUIPMENT 16,006 16,006 0  
    SAW CHAINS 218 218 0  
    JOHN DEERE EQUIP 7,297 7,297 0  
    JOHN DEERE EQUIP 5,000 5,000 0  
    GATOR TS UTILITY 5,000 5,000 0  
    OLD FULLY DEPRECIATED EQUIPMENT 16,128 16,128 0  
    OFFICE EQUIPMENT 100 100 0  
    VACUUM CLEANER 530 530 0  
    SOFTWARE 3,480 3,480 0  
    COMPUTERS 5,300 5,300 0  
    COMPUTERS 5,313 5,313 0  
    POOL REMOVAL 3,800 1,259 2,541  
    TANK REMOVAL 600 184 416  
    TREE WORK 940 316 624  
    GARDEN 15,085 0 15,085  
    ROOF 2,295 1,933 362  
    BOY SCOUT CABIN 650 650 0  
    NEW HEATING SYSTEM - MILLERS HOUSE 38,065 12,845 25,220  
    FENCE - SCOTT RD PERIMETER 899 607 292  
    HEATING FUEL TANK 1,800 720 1,080  
    FENCE ALONG PROPERTY LINE 5,784 3,468 2,316  
    BOILER 5,857 3,076 2,781  
    TRACTOR 14,446 7,947 6,499  
    COMPUTER 866 866 0  
    ARCHIVES COMPUTER 1,009 1,009 0  
    ROOF 6,125 1,301 4,824  
    ROOF 6,125 1,326 4,799  
    COMPUTER 899 872 27  
    SECURITY SYSTEM 337 92 245  
    SECURITY SYSTEM 563 153 410  
    SECURITY SYSTEM 336 92 244  
    SECURITY SYSTEM 713 195 518  
    NEW FLOOR 9,100 1,062 8,038  
    REPOINTING WALLS 1,261 126 1,135  
    DESK 2,977 621 2,356  
    ENGINEERING FOR NEW ROOF 13,246 992 12,254  
    LAND 100,000 0 100,000  
    LAND 280,000 0 280,000  
    SECURITY SYSTEM 1,695 297 1,398  
    ROOF 5,336 400 4,936  
    ELECTRIC LINE 862 151 711  
    HAZMAT CABINET 743 136 607  
    COMPRESSOR 669 112 557  
    PARKING LOTS AND ROAD WORK 11,573 901 10,672  
    TAILRACE PROJECT PRELIM COSTS 3,424 0 3,424  
    REBUILD DAM 43,021 1,219 41,802  
    FENCE 1,273 201 1,072  
    7 COMPUTERS 8,283 3,037 5,246  
    COMPUTER SERVER 4,729 1,577 3,152  
    FUEL TANK 2,855 12 2,843  
    WATER WHEEL IMPS 5,144 145 4,999  
    FIRE & BURGLER ALARM 3,023 126 2,897  
    FILTRATION EQUIPMENT 2,649 132 2,517  
    ORIENTATION SIGN 1,260 39 1,221  
    CROSSING SIGN/LIGHTS 1,407 44 1,363  
    TRAIL SIGN 1,260 0 1,260  
    BENCH 801 47 754  
    TRAIL POND SIGN 990 10 980  
    FENCING 1,215 20 1,195  
    RIDING MOWER 9,999 417 9,582  
    USED VERMEER CHIPPER 13,000 433 12,567  
    PHONE SYSTEM 1,368 68 1,300  


    TY 2015 LegalFeesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 14,615 0 0 14,615


    TY 2015 OtherAssetsSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    COLLECTIONS 16,366 17,827 17,827
    CONSTRUCTION IN PROGRESS 0 34,256 34,256


    TY 2015 OtherDecreasesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Description Amount
    NET UNREALIZED LOSSES ON INVESTMENTS 114,743
    PRIOR UNREALIZED GAIN REALIZED DURING 2015 548,924


    TY 2015 OtherExpensesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING & PROMOTION 13,494 0 0 13,494
    OFFICE EXPENSES 12,887 0 0 12,887
    INSURANCE 29,479 0 0 29,479
    INTERPRETIVE PROGRAM EXPENSE 13,919 0 0 13,919
    SPECIAL PROGRAMS/SPECIAL PROJECTS 2,764 0 0 2,764
    TRUCK & EQUIPMENT EXPENSE 1,892 0 0 1,892
    SUMMER DISCOVERY PROGRAM EXP 3,190 0 0 3,190
    COLLECTIONS EXPENSE 5,867 0 0 5,867
    RESEARCH 262 0 0 262
    MISCELLANEOUS 9,530 0 9,290 240
    FISH & BAIT PURCHASED 6,026 0 6,026 0
    PARTNERSHIP LOSSES 50,647 50,647 0 0


    TY 2015 OtherIncomeSchedule2
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROGRAM FEES 53,637   53,637
    RIGHT OF WAY EASEMENT PAYMENT 17,887   17,887
    RENTAL OF PARK PROPERTY 16,050   16,050
    GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS 8,202   8,202


    TY 2015 OtherLiabilitiesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Description Beginning of Year - Book Value End of Year - Book Value
    SALES TAX COLLECTED AND PAYABLE 44 66


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL PROCESSING 2,717 0 0 2,717


    TY 2015 TaxesSchedule
    Name:
    NICHOLAS NEWLIN FOUNDATION
    EIN:
    23-1600703
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 2013 990 PF 19,892 0 0 0