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
SAUL SCHOTTENSTEIN FOUNDATION C
C/O ARSHOT INVESTMENT CORPORATION
Number and street (or P.O. box number if mail is not delivered to street address)107 S HIGH ST - 3RD FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43215
A Employer identification number

27-0167574
B Telephone number (see instructions)

(614) 463-9730
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$5,106,540J 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 121,951 121,951 121,951
4 Dividends and interest from securities... 65,990 65,990 65,990
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 179,369
b Gross sales price for all assets on line 6a 2,739,555
7 Capital gain net income (from Part IV, line 2)... 10,978
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 15,659 14,224 15,659
12 Total. Add lines 1 through 11........ 382,969 213,143 203,600
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 5,025      
b Accounting fees (attach schedule)....... Click to see attachment 3,769 500   3,269
c Other professional fees (attach schedule).... Click to see attachment 4,119 3,853   266
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,537 837 700 700
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 127 127    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 14,577 5,317 700 4,235
25 Contributions, gifts, grants paid....... 390,738 390,738
26 Total expenses and disbursements. Add lines 24 and 25 405,315 5,317 700 394,973
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -22,346
b Net investment income (if negative, enter -0-) 207,826
c Adjusted net income (if negative, enter -0-)... 202,900
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,810,010 1,505,311 1,505,311
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) bullet951,511
Less: allowance for doubtful accounts bullet   892,954 Click to see attachment951,511 951,511
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)....... 2,161,478 Click to see attachment2,378,018 2,319,891
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).......... 327,369 Click to see attachment329,827 329,827
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,191,811 5,164,667 5,106,540
Liabilities 17 Accounts payable and accrued expenses.......... 4,798  
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 4,798 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 5,187,013 5,164,667
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)..... 5,187,013 5,164,667
31 Total liabilities and net assets/fund balances (see instructions). 5,191,811 5,164,667
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
5,187,013
2
Enter amount from Part I, line 27a .....................
2
-22,346
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,164,667
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,164,667
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.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 10,978
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 440,352 5,633,206 0.078171
2013 339,602 4,751,172 0.071478
2012 511,179 5,941,353 0.086037
2011 366,072 5,888,450 0.062168
2010 322,571 6,122,423 0.052687
2
Total of line 1, column (d) .....................
20.350541
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
0.070108
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
4,160,949
5
Multiply line 4 by line 3......................
5
291,716
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,078
7
Add lines 5 and 6........................
7
293,794
8
Enter qualifying distributions from Part XII, line 4.............
8
394,973
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 2,078
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  
3 Add lines 1 and 2........................... 3 2,078
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,078
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 4,188
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 4,188
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,110
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,110 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
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    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
     
     
    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 addressbulletARSHOT@ARSHOT.COM
    14
    The books are in care ofbulletTHOMAS H SCHOTTENSTEIN TRUSTEE Telephone no.bullet (614) 463-9730

    Located atbullet107 S HIGH ST - 3RD FLOOR3RD FLOORCOLUMBUSOH ZIP+4bullet43215
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    THOMAS H SCHOTTENSTEIN PRESIDENT
    25.00     		0 0 0
    C/O ARSHOT INVESTMENT CORPORATION
    107 S HIGH ST - 3RD FLOOR
    COLUMBUS,OH43215
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,566,653
    b
    Average of monthly cash balances.......................
    1b
    1,657,661
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,224,314
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    4,224,314
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    63,365
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,160,949
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    208,047
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    208,047
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,078
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,078
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    205,969
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    205,969
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    205,969
    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
    394,973
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    394,973
    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
    2,078
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    392,895
    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 7 205,969
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 17,398
    b From 2011...... 72,107
    c From 2012...... 215,743
    d From 2013...... 105,765
    e From 2014...... 160,326
    fTotal of lines 3a through e........ 571,339
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 394,973
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 205,969
    e Remaining amount distributed out of corpus 189,004
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 760,343
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		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) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		17,398
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		742,945
    10 Analysis of line 9:
    a Excess from 2011.... 72,107
    b Excess from 2012.... 215,743
    c Excess from 2013.... 105,765
    d Excess from 2014.... 160,326
    e Excess from 2015.... 189,004
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THOMAS H SCHOTTENSTEIN TRUSTEE
    107 S HIGH ST - 3RD FLOOR
    COLUMBUS,OH43215
    (614) 463-9730
    bThe form in which applications should be submitted and information and materials they should include:
    COPY OF FEDERAL TAX EXEMPTION LETTER SHOWING THAT THE REQUESTING ORGANIZATION IS EXEMPT AS A IRC SECTION 501(C)3 ORGANIZATION. LETTER DETAILING PROPOSED USE OF ANY FUNDS AWARDED. UPON APPROVEL OF THE GRANT REQUEST: THE ORGANIZATION WILL AGREE THAT ANY FUNDS NOT USED FOR THE INTENDED PURPOSE OF THE GRANT WILL BE RETURNED. THE ORGANIZATION WILL PROVIDE A FOLLOW UP LETTER AND/OR REPORT FOR THE PERIOD(S) IN WHICH THE GRANT WAS EXPENDED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE APPLICATION FORMAT AND REQUIRED CONTENTS COMMENTS.
    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
    A TIME- A TORAH INFERTILIY MEDIUM
    OF EXCHANGE
    1310 48TH STREET
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 1,040
    AISH DENVER
    9550 E BELLEVIEW AVE
    GREENWOOD VILLIAGE,CO80111     		NONE COMPLETED GENERAL OPERATIONS 610
    ALEPH INSTITUTE
    ALEPH INSTITUTE
    9540 COLLINS AVE
    9540 COLLINS AVE
    SURFSIDE,FL33154     		NONE COMPLETED GENERAL OPERATIONS 5,000
    AMERICAN FRIENDS OF MICHKANE MEIR
    1274 49TH ST
    BROOKLYN,NY112193011     		NONE COMPLETED GENERAL OPERATIONS 180
    AMERICAN FRIENDS OF OHEV YISROEL
    5314 16TH AVE 258
    BROOKLYN,NY11204     		NONE COMPLETED GENERAL OPERATIONS 252
    AMERICAN FRIENDS OF YAD ELIEZER
    1102 EAST 26TH ST
    BROOKLYN,NY11210     		NONE COMPLETED GENERAL OPERATIONS 4,554
    AVNER INSTITUTE
    1526 UNION ST
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 1,620
    AVNET KODESH
    25 LANGLO TERRACE
    SANTA BARBARA,CA93105     		NONE COMPLETED GENERAL OPERATIONS 108
    BAIS BEZALEL
    8850 WEST PICO BLVD
    LOS ANGELES,CA90035     		NONE COMPLETED GENERAL OPERATIONS 900
    BAIS CHANA WOMEN INTERNATIONAL
    350 LEFFERS AVE H
    BROOKLYN,NY11225     		NONE COMPLETED GENERAL OPERATIONS 360
    BAIS CHAYA MUSHKA SCHOOL FOR GIRLS
    9051 W PICO BLVD
    LOS ANGELES,CA90035     		NONE COMPLETED GENERAL OPERATIONS 5,400
    BAY AREA FRIENDSHIP CIRCLE
    3900 FABIAN WAY
    PALO ALTO,CA94303     		NONE COMPLETED GENERAL OPERATIONS 180
    BETH JACOB CONGREGATION
    1223 COLLEGE AVE
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 750
    BETH TORAH CONGREGATION-TORAH CENTE
    2942 EAST BROAD ST
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 1,800
    BIKUR CHOLIM OF CROWN HEIGHTS
    387 KINGSTON AVE
    SUITE 10
    BROOKLYN,NY11225     		NONE COMPLETED GENERAL OPERATIONS 2,000
    BNEI TORAH MOVEMENT
    1689 48TH STREET
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 36
    BRESLOV SYNAGOGUE
    2671 E MAIN ST
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 1,573
    BRIT YOSEF YITZCHAK OF AMERICA INC
    10080 BAY HARBOR
    TER BAY HARBOR ISLANDS,FL33154     		NONE COMPLETED GENERAL OPERATIONS 1,440
    CHABAD IN THE HILLS
    1016 CORY AVE
    BEVERLY HILLS,CA90069     		NONE COMPLETED GENERAL OPERATIONS 4,120
    CHABAD OF BURBANK
    2415 W MAGNOLIA BLVD
    BURBANK,CA91506     		NONE COMPLETED GENERAL OPERATIONS 540
    CHABAD OF LONG ISLAND CITY
    47-31 VERNON BLVD
    LONG ISLAND CITY,NY11101     		NONE COMPLETED GENERAL OPERATIONS 1,620
    CHABAD OF PROSPECT HEIGHTS &
    FORT GREENE
    340 STERLING PLACE
    BROOKLYN,NY11238     		NONE COMPLETED GENERAL OPERATIONS 1,800
    CHABAD OF WASHINGTN HEIGHTS
    50 OVERLOOK TERRACE
    NEW YORK,NY10033     		NONE COMPLETED GENERAL OPERATIONS 3,600
    CHABAD ON CAMPUS INTL
    719 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 900
    CHARITY BOX
    2890 W STATE ROAD 84
    FORT LAUDERDALE,FL33312     		NONE COMPLETED GENERAL OPERATIONS 89,346
    CHAYENU
    1526 UNION ST
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 360
    CHESSED L'AVROHOM
    6550 N TROY AVE
    CHICAGO,IL60659     		NONE COMPLETED GENERAL OPERATIONS 7,200
    CHICAGO CHESED FUND
    7045 N RIDGEWAY AVE
    LINCOLNWOOD,IL60712     		NONE COMPLETED GENERAL OPERATIONS 1,000
    CHOFETZ CHAIM HERTIAGE
    361 SPOOK ROCK RD
    SUFFERN,NY10901     		NONE COMPLETED GENERAL OPERATIONS 1,000
    CJFEDERATION
    1175 COLLEGE AVE
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 90
    COLEL CHABAD
    806 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 6,354
    COLUMBUS COMMUNITY KOLLEL
    2513 E MAIN ST
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 21,036
    COLUMBUS TORAH ACADEMY
    181 NOE BIXBY RD
    COLUMBUS,OH43213     		NONE COMPLETED GENERAL OPERATIONS 4,140
    CONGREGATION AHAVAS SHOLOM
    2568 E BROAD STREET
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 8,530
    CONGREGATION BETH MEDRASH GOVOHA
    CONG BMG
    2166 81 ST
    BROOKLYN,NY11214     		NONE COMPLETED GENERAL OPERATIONS 10,620
    CONGREGATION KHAL YEREIM
    1771 S TAYLOR RD
    CLEVELAND HEIGHTS,OH44118     		NONE COMPLETED GENERAL OPERATIONS 6,282
    CONGREGATION LEVI YITZCHOK
    365 N LA BREA AVE
    LOS ANGELES,CA90048     		NONE COMPLETED GENERAL OPERATIONS 5,220
    CONGREGATION SFAT TAMMIM INC
    1376 E 10TH STREET
    BROOKLYN,NY11230     		NONE COMPLETED GENERAL OPERATIONS 16,110
    DERECH TSADIKIM HADERECH
    JERUSALEM
    JERUSALEM,JERUSALEM  
    IS     		NONE COMPLETED GENERAL OPERATIONS 373
    DOWNTOWN JEWISH CENTER CHABAD
    900 E BROWARD BLVD
    FORT LAUDERDALE,FL33301     		NONE COMPLETED GENERAL OPERATIONS 180
    EDUCATION INSTITUTE OHOLEI TORAH
    667 EASTERNPARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 3,520
    EZER YOLDOT HAMERCAZI
    DBA BETH JACOB HACHASSIDI
    1312-44 ST STE 247
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 720
    EZRAT ISRAEL INC
    806 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 5,660
    FRIENDS OF BIKUR CHOLIM
    EZRAT ACHIM INC
    5014 16TH AVE 283
    BROOKLYN,NY11204     		NONE COMPLETED GENERAL OPERATIONS 4,500
    FRIENDS OF CHABAD OF HEBRON
    5 HUTTON CENTRE DR
    SUITE 1025
    SANTA ANNA,CA92707     		NONE COMPLETED GENERAL OPERATIONS 500
    FRIENDS OF YAD SARAH
    450 PARK AVE-7TH FLOOR
    NEW YORK,NY10022     		NONE COMPLETED GENERAL OPERATIONS 2,736
    GREAT CHARITY CHAYE OLAM
    POB 786
    NEW YORK,NY10038     		NONE COMPLETED GENERAL OPERATIONS 360
    GYE CORP (GUARD YOUR EYES CORP)
    3918 FALLSTAFF RD
    BALTIMORE,MD21215     		NONE COMPLETED GENERAL OPERATIONS 1,440
    HEBREW ACADEMY OF CLEVELAND
    1880 S TAYLOR RD
    CLEVELAND HEIGHTS,OH44118     		NONE COMPLETED GENERAL OPERATIONS 1,000
    HILLEL ACADEMY (DENVER)
    450 SOUTH HUDSON ST
    DENVER,CO80246     		NONE COMPLETED GENERAL OPERATIONS 4,467
    INSTITUTE FOR DAYANIM
    25625 SOUTHFIELD RD 1078
    SOUTHFIELD,MI48075     		NONE COMPLETED GENERAL OPERATIONS 4,708
    JEM-JEWISH EDUCATIONAL MEDIA
    784 EASTERN PARKWAY
    SUITE 403
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 360
    JERUSALEM CHESED OF YOM
    552 EAST 5TH STREET
    BROOKLYN,NY11218     		NONE COMPLETED GENERAL OPERATIONS 1,260
    JERUSALEM INSTITUTE MACHON
    YERUSALAIM-JIMY
    HERZI BLVD 14 HEAD OFFICE
    PO BOX 100
    JERUSALEM,ISRAEL  
    IS     		NONE COMPLETED GENERAL OPERATIONS 1,800
    JEWISH CENTER OF ULYANOVSK
    1371 44TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 360
    JEWISH CHILDREN'S MUSEUM
    792 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 6,250
    JEWISH COMMUNITY WATCH INC
    244 5TH AVE SUITE M-285
    NEW YORK,NY10001     		NONE COMPLETED GENERAL OPERATIONS 5,400
    KEREN SIMCHAS CHOSSON V'KALLAH
    712 MONTGOMERY ST
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 900
    KEREN TORAH VECHESED INC
    508 AVENUE N
    BROOKLYN,NY11230     		NONE COMPLETED GENERAL OPERATIONS 36
    KEREN YELED V'YALDA
    ROCKLAND COUNTY OFFICE
    4 PHYLLIS TERRACE
    MONSEY,NY10952     		NONE COMPLETED GENERAL OPERATIONS 108
    K'HAL ATERES YESHAYA
    908 EAST COUNTY LINE RD
    LAKEWOOD,NJ08701     		NONE COMPLETED GENERAL OPERATIONS 54
    K'HAL YEREIM
    1771 S TAYLOR RD
    CLEVELAND HEIGHTS,OH44118     		NONE COMPLETED GENERAL OPERATIONS 1,458
    KNESSET YEHUDA
    1218 E 13TH STREET
    BROOKLYN,NY11230     		NONE COMPLETED GENERAL OPERATIONS 360
    KOLLEL YCM-KOLLEL YAD CHAIM MORD
    2203 S GREEN RD
    UNVERSITY HEIGHTS,OH44118     		NONE COMPLETED GENERAL OPERATIONS 2,160
    LADIES BIKUR CHOLIM D'SATMAR
    545 BEDFORD AVE
    BROOKLYN,NY11211     		NONE COMPLETED GENERAL OPEARTIONS 90
    LUBAVITCHER SCHOOL
    841 OCEAN PARKWAY
    BROOKLYN,NY11230     		NONE COMPLETED GENERAL OPERATIONS 1,260
    MAYANOT INSTITUTE OF JEWISH STUDIES
    228 PARK AVESUITE 96553
    NEW YORK,NY10003     		NONE COMPLETED GENERAL OPERATIONS 4,680
    MERKAZ MOSDOS CHINUCH
    22 BLACKWATCH TRAIL
    MORRISTOWN,NJ07960     		NONE COMPLETED GENERAL OPERATIONS 900
    MIKVAH SOCIETY
    1223 COLLEGE AVE
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 1,800
    MOSDOS OHR HATORAH
    1508 WARRENSVILLE CNT RD
    CLEVELAND HEIGHTS,OH44121     		NONE COMPLETED GENERAL OPERATIONS 56,216
    NCSY
    16947 W 10 MILE RD
    SOUTHFIELD,MI48075     		NONE COMPLETED GENERAL OPERATIONS 5,020
    NER ISRAEL RABBINCIAL COLLEGE
    400 MT WILSON LANE
    BALTIMORE,MD21208     		NONE COMPLETED GENERAL OPERATIONS 180
    NEVE YERUSHALAYIM INC
    1 BEIT YITZCHK ST
    POB 43016
    JERUSALAM,ISRAEL  
    IS     		NONE COMPLETED GENERAL OPERATIONS 792
    OHEL MIRIAM
    1574 45TH STREET
    BROOKLYN,NY112191628     		NONE COMPLETED GENERAL OPERATIONS 180
    OHR MENACHEM
    1729 PRESIDENT ST
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 90
    OHR SHALOM V'CHESED
    1160 74TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 1,260
    OSU CHABAD-SCHOTTENSTEIN CHABAD HOU
    OSY JEWISH STUDENT CENTER
    207 E 15TH AVE
    COLUMBUS,OH43201     		NONE COMPLETED GENERAL OPERATIONS 8,400
    RABBI DAVID HERTZEL
    OHOLEY TORAH
    1165 SAINT JOHNS PLACE
    APT 1A
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 144
    THE LORI SCHOTTENSTEIN CHABAD
    6220 EAST DUBLIN-GRANVILL
    NEW ALBANY,OH43054     		NONE COMPLETED GENERAL OPERATIONS 360
    SHUL OF BAL HARBOR - THE SHUL
    9540 COLLINS AVE
    SURFSIDE,FL33154     		NONE COMPLETED GENERAL OPERATIONS 1,980
    SUPPORT NADIV KEHATY FAMILY FUND
    GO FUND ME CAMPAIGN
    BROOKLYN,NY11209     		NONE COMPLETED GENERAL OPERATIONS 360
    TEN YAD TEN YAD
    559 EMPIRE BLVD
    BROOKLYN,NY11225     		NONE COMPLETED GENERAL OPERATIONS 568
    THE KADDISH FOUNDATION
    277 SADDLE RIVER ROAD
    MONSEY,NY10952     		NONE COMPLETED GENERAL OPERATIONS 10,720
    TOMCHEI TZEDAKAH OF LAKEWOOD
    625 4TH AVE
    LAKEWOOD,NJ08701     		NONE COMPLETED GENERAL OPERATIONS 162
    TORAH CENTER
    2942 EAST BROAD ST
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 1,039
    TORAH SCHOOLS FOR ISRAEL
    40 EXCHANGE PL
    NEW YORK,NY10005     		NONE COMPLETED GENERAL OPERATIONS 774
    TORAS CHESED INC
    421 6TH ST
    LAKEWOOD,NJ08701     		NONE COMPLETED GENERAL OPERATIONS 5,580
    UNITED LUBAVITCHER YESHIVOTH
    841-853 OCEAN PARKWAY
    BROOKLYN,NY11230     		NONE COMPLETED GENERAL OPERATIONS 270
    VAAD HO-IR OF COLUMBUS OHIO INC
    PO BOX 9857
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 7,350
    YAD BECHESED WOLBOROSH INC
    1631 50TH ST
    BROOKLYN,NY11204     		NONE COMPLETED GENERAL OPERATIONS 360
    YAD ELIEZER (AMERICAN FRIENDS)
    1102 E 26TH ST
    BROOKLYN,NY11210     		NONE COMPLETED GENERAL OPERATIONS 900
    YAD L'ACHIM
    4018 18TH AVE
    BROOKLYN,NY11218     		NONE COMPLETED GENERAL OPERATIONS 1,260
    YAD V'CHESED
    PO BOX 35916
    BRIGHTON,MA02135     		NONE COMPLETED GENERAL OPERATIONS 126
    YAGDIL TORAH
    4403 15TH AVE 388
    ROOM 188
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 360
    YESHIVA ATERET YISRAEL
    1749 S LACIENEGA BLVD
    LOS ANGELES,CA90035     		NONE COMPLETED GENERAL OPERATIONS 396
    YESHIVA BETH MOSHE
    930 HICKORY ST
    SCRANTON,PA18505     		NONE COMPLETED GENERAL OPERATIONS 180
    YESHIVA OHR ELCHONON CHABAD
    7215 WARING AVE
    LOA ANGELES,CA900467615     		NONE COMPLETED GENERAL OPERATIONS 5,400
    YESHIVAS LUBAVITCH MANCHESTER
    62 SINGLETON ROAD
    SALFORD,M LU  
    UK     		NONE COMPLETED GENERAL OPERATIONS 3,240
    Total .................................bullet 3a 390,738
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		    25 121,951  
    4 Dividends and interest from securities....     25 65,990  
    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 ............     		    25 10,978 168,391
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aNET INCOME INSTANT BINGO CARD     		    25 14,224  
    bAMERICAN EXPRESS REBATES     25 1,435  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   214,578 168,391
    13Total. Add line 12, columns (b), (d), and (e)..................
    13382,969
    (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.)
    3 REINVESTED FOR CURRENT AND FUTURE CHARITABLE GIVING.
    4 REINVESTED FOR CURRENT AND FUTURE CHARITABLE GIVING.
    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:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LANDAKER & ASSOCIATRES, INC.- CP 3,769 500   3,269

    TY 2015 ExplnOfNonFilingWithAGStmt
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Statement:
    NOT REQUIRED - VERIFICATION OF FORM 990PF FILING IS ALL THAT IS REQUIRED BY STATE OF OHIO.

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

    TY 2015 GainLossSaleOtherAssetsSch
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    FIDELITY 676-307601 2015-01 PURCHASE 2015-12   658,693 688,953     -30,260  
    FIDELITY 676-307601 2014-01 PURCHASE 2015-12   2,069,748 1,871,233     198,515  
    FIDELITY 676-307601-WASHES 2015-01 PURCHASE 2015-12   14       14  
    FIDELITY 676-307601-WASHES 2014-01 PURCHASE 2015-12   113       113  
    FIDELITY 676-307612 2015-01 PURCHASE 2015-12   9       9  

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MS-ACCT - 676-307601 2,261,270 2,166,794
    MS-ACCT 676-307603    
    MS-ACCT - 676-307600 116,748 153,097
    MS-ACCT - 676-307612    
    MS-ACCT - 676-307613    

    TY 2015 InvestmentsOtherSchedule2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MOD. SINGLE PREM. UNIV. LIFE POL. AT COST 329,827 329,827

    TY 2015 LegalFeesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT LEGAL FEES 5,025      


    TY 2015 OtherExpensesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MISCELLANEOUS 127 127    


    TY 2015 OtherIncomeSchedule2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NET INCOME INSTANT BINGO CARD 14,224 14,224 14,224
    AMERICAN EXPRESS REBATES 1,435   1,435


    TY 2015 OtherNotesLoansRcvblShortSch2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Name of 501(c)(3) Organization Balance Due
    ALCEON FUND
          		951,511
    MOSDOS OHR HATORAH
          		 
    FINAL 2013 SFD DISTRIBUTION
          		 


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEE        
    MORGAN STANLEY - AGENCY FEES 3,853 3,853    
    OTHER ADMINISTRATIVE FEES 266     266


    TY 2015 TaxesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
     
    C/O ARSHOT INVESTMENT CORPORATION
    EIN:
    27-0167574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OHIO CHARITIBLE REGISTRATION FEE 700   700 700
    FOREIGN TAXES ON DIVIDENDS 825 825    
    FEDERAL EXCISE TAX 12 12