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
Risen Son Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)2451 Main St Ste 106
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Amherst, NY14226
A Employer identification number

20-4446969
B Telephone number (see instructions)

(716) 839-1292
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$5,703,750
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 103,205 100,965  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 252,448
b Gross sales price for all assets on line 6a 2,607,822
7 Capital gain net income (from Part IV, line 2)... 252,448
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)....... 224 224  
12 Total. Add lines 1 through 11........ 355,877 353,637  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 38,554 0   38,554
15 Pension plans, employee benefits....... 6,634 0   6,634
16a Legal fees (attach schedule)......... 685 411   274
b Accounting fees (attach schedule)....... 15,365 9,219   6,146
c Other professional fees (attach schedule).... 65,605 65,605   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 38,206 38,206   0
19 Depreciation (attach schedule) and depletion... 1,446 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 13,880 6,473   7,407
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 180,375 119,914   59,015
25 Contributions, gifts, grants paid....... 262,650 262,650
26 Total expenses and disbursements. Add lines 24 and 25 443,025 119,914   321,665
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -87,148
b Net investment income (if negative, enter -0-) 233,723
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   -6 -6
2 Savings and temporary cash investments......... 345,896 393,533 393,533
3 Accounts receivable bullet5,399
Less: allowance for doubtful accounts bullet   13,396 5,399 5,399
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,812,447 Click to see attachment2,919,925 3,123,854
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,277,615 Click to see attachment2,026,029 2,000,597
14 Land, buildings, and equipment: basis bullet8,604
Less: accumulated depreciation (attach schedule) bullet6,729 1,559 Click to see attachment1,875 1,875
15 Other assets (describe bullet) Click to see attachment975,216 Click to see attachment-1,965 Click to see attachment178,498
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,426,129 5,344,790 5,703,750
Liabilities 17 Accounts payable and accrued expenses.......... 133  
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 attachment2,392 Click to see attachment1,555
23 Total liabilities (add lines 17 through 22)......... 2,525 1,555
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 6,423,604 5,343,235
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 6,423,604 5,343,235
31 Total liabilities and net assets/fund balances (see instructions). 6,426,129 5,344,790
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
6,423,604
2
Enter amount from Part I, line 27a .....................
2
-87,148
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,336,456
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
993,221
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,343,235
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b) How acquired
P—Purchase
D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a Publicly Traded Securities P   2015-12-31
b PowerShares DB Commodities Index Fd P   2015-12-31
c PowerShares DB Commodities Index Fd P   2015-12-31
d PowerShares DB Comm Index Fd-Sec 1256 P   2015-12-31
e Capital Gains Dividends P    
(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 2,601,009   2,353,569 247,440
b     837 -837
c     10 -10
d     958 -958
e 6,813     6,813
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       247,440
b       -837
c       -10
d       -958
e       6,813
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 2 252,448
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 382,278 6,007,766 0.063631
2013 459,972 5,224,851 0.088035
2012 354,573 4,334,678 0.081799
2011 543,887 4,364,338 0.124621
2010 341,918 2,652,752 0.128892
2
Total of line 1, column (d) .....................
20.486978
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
0.097396
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
5,851,558
5
Multiply line 4 by line 3......................
5
569,918
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,337
7
Add lines 5 and 6........................
7
572,255
8
Enter qualifying distributions from Part XII, line 4.............
8
321,665
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 4,674
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 4,674
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 4,674
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 3,050
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 3,050
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 69
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,693
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE, MS
    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 addressbulletN/A
    14
    The books are in care ofbulletPaula Laughlin Telephone no.bullet (716) 839-1292

    Located atbullet4476 Main Street Suite 106AmherstNY ZIP+4bullet14226
    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
    David A Rich Sr President
    2.00
    0 0 0
    23 W High Point Road
    Stuart,FL34996
    Grace E Rich Vice-President
    2.00
    0 0 0
    23 W High Point Road
    Stuart,FL34996
    David A Rich Jr Treasurer
    1.00
    0 0 0
    4476 Main Street Suite 104
    Amherst,NY14226
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,555,018
    b
    Average of monthly cash balances.......................
    1b
    385,650
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,940,668
    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
    5,940,668
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    89,110
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,851,558
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    292,578
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    292,578
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    4,674
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,674
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    287,904
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    287,904
    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
    287,904
    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
    321,665
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    321,665
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    321,665
    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 7 287,904
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 121,951
    b From 2011...... 328,024
    c From 2012...... 138,735
    d From 2013...... 200,187
    e From 2014...... 95,091
    fTotal of lines 3a through e........ 883,988
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 321,665
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2015 distributable amount..... 287,904
    e Remaining amount distributed out of corpus 33,761
    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 5 917,749
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    121,951
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    795,798
    10 Analysis of line 9:
    a Excess from 2011.... 328,024
    b Excess from 2012.... 138,735
    c Excess from 2013.... 200,187
    d Excess from 2014.... 95,091
    e Excess from 2015.... 33,761
    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).)
    David A Rich Sr
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Paula Laughlin
    4476 Main St Suite 106
    Amherst,NY14226
    (716) 839-1292
    bThe form in which applications should be submitted and information and materials they should include:
    No formal application process.
    cAny submission deadlines:
    No formal application process.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None.
    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
    Baptist Health Foundation
    1225 North State Street
    Jackson,MS39202
    None 509(a)(1) General Operations 2,500
    Belhaven University
    1500 Peachtree St
    Jackson,MS39202
    None 509(a)(1) New Track 65,000
    Buffalo City Mission
    PO Box 1748
    Buffalo,NY142401748
    None 509(a)(1) General Operations 5,000
    Buffalo Dream Center
    PO Box 934
    Buffalo,NY14201
    None 509(a)(1) General Operations & Mission Trip to India 3,500
    Elmwood Franklin School
    104 New Amsterdam Avenue
    Buffalo,NY142163399
    None 509(a)(1) General Operations 55,000
    Global Outreach International
    PO Box 1748
    Tupelo,MS38802
    None 509(a)(1) Croatia Mission Fund 2,500
    Guiding Eyes for the Blind
    611 Granite Springs
    Yorktown Heights,NY10598
    None 509(a)(1) General Operations 150
    Here's Life Africa
    PO Box 261319
    Plano,TX75026
    None 509(a)(1) General Operations 500
    Independent Health Family Branch YMCA
    150 Tech Drive
    Amherst,NY14221
    None 509(a)(1) General Operations 12,500
    Maksym's Giving Tree Inc
    PO Box 207
    Buffalo,MS142400207
    None 509(a)(1) General Operations 1,000
    Martin Memorial Foundation
    2135 SE Ocean Boulevard
    Stuart,FL34995
    None 509(a)(1) General Operations 2,500
    New Covenant Church
    345 McConley Drive
    Buffalo,NY14223
    None 509(a)(1) General Operations/Sancturay Furniture 7,500
    Snyder Fire Company
    4531 Main Street
    Buffalo,NY14226
    None 509(c)(4) General Operations 250
    SPCA of Erie County
    205 Ensminger Road
    Tonawanda,NY14150
    None 509(a)(1) General Operations 750
    Susan G Komen for the Cure
    5005 LBJ Freeway Suite 250
    Dallas,TX75244
    None 509(a)(1) General Operations 1,500
    The Park School
    4625 Harlen Road
    Buffalo,NY14226
    None 509(a)(1) Capital Campaign 50,000
    The Salvation Army
    PO Box 689
    Buffalo,NY14240
    None 509(a)(1) General Operations 500
    Virtue Online
    1236 Waterford Road
    West Chester,PA19380
    None 509(a)(1) General Operations 1,000
    Women's & Children's Hospital of Buffalo
    1260 Delaware Avenue
    Buffalo,NY14209
    None 509(a)(2) Libby's Chapel Move 50,000
    YMCA of the Treasure Coast Florida Inc
    1700 SE Monterrey Road
    Stuart,FL34996
    None 509(a)(1) General Operations 1,000
    Total .................................bullet 3a 262,650
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........
             
    4 Dividends and interest from securities....     14 103,205  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property
             
    7 Other investment income.....     14 224  
    8
    Gain or (loss) from sales of assets other than inventory ............
        18 252,448  
    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).. 0 355,877 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13355,877
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    The Jackson Firm 15,365 9,219   6,146

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

    TY 2015 DepreciationSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Computer Network 2010-10-21 2,201 2,075 200DB 5.000000000000 126 0    
    Computer Network Setup 2010-12-14 626 589 200DB 5.000000000000 37 0    
    Telephone System 2010-10-19 2,859 1,721 200DB 7.000000000000 255 0    
    Office Equip-Shredder & Garbage Bins 2010-02-08 1,157 898 200DB 7.000000000000 103 0    
    Mac Computer 2015-12-10 1,761   200DB 5.000000000000 925 0    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Activision Blizzard-952 Sh 16,890 36,852
    Amazon Com Inc-46 Sh 0 0
    American Airlines Group Inc-314 Sh 10,006 13,298
    Anheuser-Busch InBev ADR-344 Sh 22,296 43,000
    Apple, Inc.-805 Sh 78,999 84,734
    Aramark Holdings-542 Sh 10,988 17,480
    Assa Abloy AB ADR-2,352 Sh 10,145 24,555
    Assc Brit Foods ADR New-246 Sh 6,158 12,172
    Atlanta SPA ADR-1,156 Sh 0 0
    AutoZone Inc-11 Sh 4,744 8,161
    Baidu Inc ADR-285 Sh 59,421 53,876
    Bankers Petroleum New-1,072 Sh 0 0
    Bayer A G ADR-201 Sh 15,590 25,092
    Bayerische Motor ADR-271 Sh 0 0
    BG Group PLC ADR-701 Sh 11,907 10,179
    BHP Billiton Ltd ADR-486 Sh 29,183 12,519
    BNP Paribas ADR-487 Sh 13,444 13,763
    British Amer Tobacco PLC ADR-263 Sh 21,647 29,048
    Carlsberg AS ADR-927 Sh 17,469 16,510
    CDW Corp-319 Sh 6,428 13,411
    China Mobile Ltd ADR-847 Sh 49,545 47,712
    Cognizant Tech Sol Cl A-1,061 Sh 0 0
    Compagnie Finan RIC ADR-1,457 Sh 13,794 10,374
    Covanta Holding Corp-1,229 Sh 25,958 19,037
    Daikin Industries ADR-163 Sh 0 0
    Daiwa House Ind Ltd ADR-1,110 Sh 22,505 31,935
    Essent Group Ltd-406 Sh 0 0
    Express Scripts Hldg Co-361 Sh 23,937 31,555
    First Republic Bank-198 Sh 0 0
    Fly Leasing Ltd ADR-581 sh 0 0
    Franks International-541 Sh 13,247 9,029
    Fresenius SE Co ADR-898 Sh 11,630 16,029
    Gilead Sciences Inc-196 Sh 9,308 19,833
    Google Inc Cl A-4 Sh 0 0
    Informa PLC ADR-856 Sh 11,720 15,845
    Inpex Corp ADR-812 Sh 0 0
    ITC Holdings Corp-1,010 Sh 33,231 39,643
    JPMorgan Chase & Co-689 Sh 32,925 45,495
    K D D I Corp ADR-1,588 Sh 15,732 20,557
    Komatsu Ltd ADR New-523 Sh 15,129 8,541
    Lloyds Banking Gp ADT-5,268 Sh 18,794 22,968
    Makita Corp Spon ADR-322 Sh 18,965 18,676
    Marin Software Inc-884 Sh 8,703 3,165
    Mediolanium SPA ADR-606 Sh 9,780 11,217
    Microsoft Corp-1,474 Sh 58,990 81,778
    Mondelez Intl Inc Cl A-546 Sh 17,137 24,483
    Nielsen Holdings B V F-1,207 Sh 55,933 56,246
    Novartis AG Spon ADR-814 Sh 57,674 70,037
    Novo-Nordisk A-S ADR-353 Sh 12,103 20,502
    Oracle Corporation-1,552 Sh 59,324 56,695
    Pimco 0-5 Yr Hi Yld Corp ETF-859 Sh 0 0
    Prudential Corp PLC ADR-737 Sh 18,992 33,224
    Red Electrica Corp ADR-879 Sh 11,486 14,679
    Rexam PLC ADR New-343 Sh 12,896 15,339
    Rogers Communic Inc Cl B-439 Sh 0 0
    Royal Dutch Shell A ADR-231 Sh 16,018 10,577
    Ryanair Hldgs PLC ADR-125 Sh 3,679 10,808
    Sampo OYJ ADR-729 Sh 9,825 18,440
    Sands China Ltd ADR-232 Sh 0 0
    Seven & I Hldg Co ADR-788 Sh 12,792 18,006
    Signet Jewelers Ltd-78 Sh 5,635 9,648
    Softbank Corp ADR-750 Sh 0 0
    Starbucks Corp-162 Sh 0 0
    Sumitomo Mitsui Fin ADR-3,124 Sh 21,456 23,711
    Sumitomo Mitsui Tr ADR-1,779 Sh 9,177 6,769
    Swatch Group AG ADR-354 Sh 0 0
    Swedbank AB Spon ADR-875 Sh 19,013 19,246
    Thermo Fisher Scientific-300 Sh 21,525 42,555
    Total SA ADR-228 Sh 0 0
    Unilever PLC ADR New-463 Sh 17,212 19,965
    Valeo Spon ADR-217 Sh 6,796 16,799
    Verisign Inc-262 Sh 0 0
    Wolseley PLC ADR-2,572 Sh 8,926 14,107
    Zoetis Inc-576 Sh 0 0
    Actelion Ltd ADR-487 Sh 14,791 16,914
    Advance Auto Parts-283 Sh 40,636 42,594
    AFLAC Inc-877 Sh 0 0
    Airbus Group ADR-848 Sh 0 0
    Allergen Inc-226 Sh 67,156 70,625
    Allison Transmission-746 Sh 24,008 19,314
    American Intl Group New-972 Sh 50,853 60,235
    Anglo American PLC ADR-613 Sh 0 0
    Apache Corp-588 Sh 44,944 26,148
    Ashtead Group PLC ADR-200 Sh 13,088 13,420
    Baker Hughes Inc-539 Sh 33,979 24,875
    Baxter International-746 Sh 0 0
    Berkshire Hathaway B New-457 Sh 64,257 60,342
    Citigroup Inc New-523 Sh 26,337 27,065
    Citizens Financial Group-1,301 Sh 29,246 34,073
    Continental Building Products-515 Sh 0 0
    CVS Health Corp-510 Sh 42,215 49,863
    Dentsply Intl Inc-1,025 Sh 0 0
    Dollar General Corp New-615 Sh 38,387 44,200
    Ebay Inc-983 Sh 0 0
    Gentex Corp-1,588 Sh 25,343 25,424
    GlaxoSmithKline PLC ADR-497 Sh 25,712 20,054
    Google Inc Cl C Non-Voting-43 Sh 0 0
    Helen of Troy Ltd-220 Sh 0 0
    Horseshoe Holidng Corp-546 Sh 0 0
    IMS Health Holdings Inc-855 Sh 0 0
    Japan Tobacco ADR-1,247 Sh 20,962 23,163
    Markel Corporation-38 Sh 0 0
    Mastec Inc-351 Sh 0 0
    Mead Johnson Nutrition-203 Sh 15,416 16,027
    Micron Technology Inc-305 Sh 0 0
    Motorola Solutions Inc-827 Sh 52,129 56,608
    NCR Corp New-940 Sh 0 0
    Netflix Inc-44 Sh 0 0
    Nord Anglia Education-426 Sh 7,441 8,639
    NXP Semiconductors NV-135 Sh 0 0
    Orion Eng Carbons SA-624 Sh 0 0
    Panera Bread Co CL A-65 Sh 0 0
    Perrigo Co PLC-136 Sh 0 0
    Phibro Animal Health-621 Sh 10,238 18,711
    Porsche Auto Hldg SE Ord-642 Sh 0 0
    Rentokil Initial ADR-1,289 Sh 13,203 15,407
    Rolls-Royce Hldgs ADR-224 Sh 0 0
    Royal KPN NV ADR-2,583 Sh 8,326 9,893
    Ryohin Keikaku Co ADR-268 Sh 6,201 10,867
    Sally Beauty Holdings-885 Sh 0 0
    Schlumberger Ltd-531 Sh 52,103 37,037
    Shire PLC ADR-101 Sh 20,123 20,705
    Target Corporation-1,057 Sh 0 0
    Teva Pharm Inds Ltd ADR-328 Sh 17,392 21,530
    Tri Pointe Homes Inc-499 Sh 21,967 18,992
    Walgreen Boots Alliance-178 Sh 0 0
    Weatherford Intl New-1,725 Sh 25,989 14,473
    Wolters Kluwer Spon ADR-456 Sh 13,066 15,281
    Yahoo Inc-340 Sh 0 0
    Zayo Group Hldgs Inc-663 Sh 16,729 17,629
    Alphabet Inc Cl C-49 Sh 26,443 37,185
    AON PLC-789 Sh 73,728 72,754
    Assured Guaranty Ltd-624 Sh 15,976 16,492
    Canadian Pacific Railway-179 Sh 28,097 22,840
    Cerner Corp-439 Sh 28,224 26,415
    Check Point Software-193 Sh 16,118 15,706
    Chevron Corporation-238 Sh 28,715 21,410
    Comcast Corporation-895 Sh 54,659 50,505
    Compass Group ADR-1,088 Sh 18,643 19,171
    Continental AG ADR-212 Sh 9,612 10,198
    Credit Suisse Group AG ADR-399 Sh 9,999 8,654
    Dynegy Inc-744 Sh 21,957 9,970
    Encana Corporation-1,166 Sh 14,241 5,935
    Facebook Inc Cl A-263 Sh 24,085 27,526
    First Data Corp New Cl A-772 Sh 12,674 12,367
    GEA Group AG ADR-122 Sh 5,088 4,903
    Grand Canyon Education-499 Sh 22,009 20,020
    H P Inc-1,380 Sh 15,895 16,339
    Intl Flavor & Fragrances-191 Sh 22,052 22,851
    KBC Group NV ADR-327 Sh 9,753 10,186
    Kraft Heinz Company-303 Sh 22,011 22,046
    Medtronic PLC-356 Sh 25,343 27,384
    Office Depot-1,447 Sh 11,066 8,161
    PayPal Holdings Inc-870 Sh 27,174 31,494
    Pool Corporation-145 Sh 10,325 11,713
    Priceline Group-33 Sh 38,954 42,073
    Relx PLC ADR-927 Sh 16,040 16,528
    SAP Sponsored ADR-761 Sh 54,661 60,195
    Seattle Genetics Inc-371 Sh 12,955 16,650
    Smith & Nephew ADR-1,485 Sh 54,312 52,866
    SoftBank Corp ADR-750 Sh 27,872 18,889
    Sony Corp ADR-464 Sh 12,485 11,419
    Staples Inc-880 Sh 10,646 8,334
    T-Mobile US Inc-549 Sh 20,737 21,477
    Telenor ASA ADR-229 Sh 15,885 11,398
    Union Pacific Corp-311 Sh 26,931 24,320
    Vinci S A ADR-831 Sh 12,399 13,333
    Vivendi SA ADR-1,387 Sh 34,823 29,612
    Wal-Mart Stores Inc-597 Sh 36,042 36,596
    Whole Foods Market-536 Sh 22,252 17,956

    TY 2015 InvestmentsOtherSchedule2
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    iShares ETF AAA-A Rated Corp B 866 SH AT COST 0 0
    iShares Gold Trust-7,534 Sh AT COST 112,197 77,073
    iShares MSCI Germany Index Fd-2,622 Sh AT COST 0 0
    iShares Tr Bond 7-10 Treas Bd-1,512 Sh AT COST 158,474 159,652
    iShares Tr Russell 2000 Index Fd-382 Sh AT COST 37,315 43,021
    PowerShares DB Commodity Index-5,052 Sh AT COST 0 0
    PowerShares QQQ Trust Ser 1-1-1,621 Sh AT COST 129,386 181,325
    PowerShares S&P 500 Low Volat Port ETF-1,580 Sh AT COST 42,697 60,941
    SPDR Barclays ETF 1-3 Yr US Corp Invest Grade-3,645 Sh AT COST 0 0
    SPDR S&P 500 Tr Exp 01/22/18 ETF-683 Sh AT COST 0 0
    Vanguard Bond Index Fd Total Bond Mkt ETF-2,442 Sh AT COST 0 0
    Vanguard Div Appreciation Fd ETF-1,035 Sh AT COST 78,399 80,482
    Vanguard FTSE Emerging Mkts-1,632 Sh AT COST 69,742 53,383
    Vanguard FTSE Developed Mkts ETF-2,754 Sh AT COST 103,580 101,127
    Vanguard Intl Equity Global Ex-US R/E ETF-2,036 Sh AT COST 0 0
    Vanguard REIT-502 Sh AT COST 37,751 40,024
    Vanguard Total Stk Mkt-776 Sh AT COST 53,911 80,937
    WisdomTree Asia Local Debt Fd-755 SH AT COST 0 0
    Scharf Fd Inv Cl Logix-6,641.26 Sh AT COST 0 0
    EG Shares Emerging Mkts Consumer ETF-1,238 Sh AT COST 0 0
    Global X Next Emerging & Frontier ETF-1,411 Sh AT COST 36,664 24,326
    iShares MSCI Germany ETF-3,381 Sh AT COST 0 0
    iShares MSCI India ETF-2,196 Sh AT COST 0 0
    iShares Tr TIPS Bond ETF-594 Sh AT COST 70,486 65,150
    iShares China Large Cap ETF-802 Sh AT COST 38,929 28,303
    iShares Commodities Slct Stgy IV ETF-1,131 Sh AT COST 46,636 32,166
    iShares Currency Hedged MSCI Germany ETF-2,644 Sh AT COST 69,324 64,434
    iShares iBoxx Invest Grade Bond ETF-556 Sh AT COST 64,366 63,390
    iShares JPMorgan USD MTS Bond ETF-309 Sh AT COST 34,408 32,686
    iShares MSCI Hong Kong ETF-1,638 Sh AT COST 37,050 32,465
    iShares MSCI Japan ETF-5,339 Sh AT COST 62,763 64,709
    iShares 20+ Yr Treas Bd ETF-351 Sh AT COST 45,632 42,324
    PennyMac Mortgage In REIT-1,287 Sh AT COST 23,446 19,640
    Pimco 0-5 Yr Hi Yld Corp Bd Index ETF-448 Sh AT COST 47,527 41,046
    SPDR Barclasy S/T Corp ETF-5,281 Sh AT COST 161,947 160,542
    SPDR S&P 500 ETF-298 Sh AT COST 48,628 60,753
    Vanguard Global Ex-US R/E ETF-2,036 Sh AT COST 117,611 104,040
    Vanguard ITC DV ETF-506 Sh AT COST 43,234 42,550
    Vanguard Total Bond Mkt ETF-2,232 Sh AT COST 184,342 180,256
    WisdomTree Japan Hedged Equity ETF-1,275 Sh AT COST 69,584 63,852

    TY 2015 LandEtcSchedule2
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Computer Network 2,201 2,201 0  
    Computer Network Setup 626 626 0  
    Telephone System 2,859 1,976 883  
    Office Equip-Shredder & Garbage Bins 1,157 1,001 156  
    Mac Computer 1,761 925 836  


    TY 2015 LegalFeesSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Wells, Marble & Hurst, PLLC 685 411   274


    TY 2015 OtherAssetsSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Unrealized Appreciation on Assets 975,216   178,498
    K-1 Adjust-PowerShares DB Commodity Index Fd   -1,965 0


    TY 2015 OtherDecreasesSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Description Amount
    Change in Unrealized Loss on Portfolio 993,221


    TY 2015 OtherExpensesSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Equipment Leases 1,202 721   481
    Licenses & Fees 165 99   66
    Insurance 891 535   356
    Computer Expense 140 84   56
    ADR Fees 1,492 1,492   0
    Payroll Services Expense 4,196 0   4,196
    Investment Expense 165 165   0
    Other Operating Expenses 5,629 3,377   2,252


    TY 2015 OtherIncomeSchedule2
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Income 224 224 224


    TY 2015 OtherLiabilitiesSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Description Beginning of Year - Book Value End of Year - Book Value
    Accrued Foreign Taxes 2,392 1,555


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Family Wealth Management Services 65,605 65,605   0


    TY 2015 TaxesSchedule
    Name:
    Risen Son Foundation Inc
    EIN:
    20-4446969
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes Withheld 5,384 5,384   0
    Federal Income Tax 32,822 32,822   0