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
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
MILLSTONE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)7733 FORSYTH BLVD NO 1525   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST LOUIS, MO63105
A Employer identification number

43-6027373
B Telephone number (see instructions)

(314) 450-7803
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,197,874J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
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 27,697 27,695  
4 Dividends and interest from securities...... 114,889 114,889  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 597,933
b Gross sales price for all assets on line 6a 2,388,240
7 Capital gain net income (from Part IV, line 2)... 597,933
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 117,806 41,518  
12 Total. Add lines 1 through 11........ 858,325 782,035  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 36,000 18,000   18,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,575 2,788   2,787
c Other professional fees (attach schedule).... Click to see attachment 6,682 3,341   3,341
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,252 1,527   1,528
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 20,560 10,280   10,280
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 36,628 26,582   11,989
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 123,697 62,518   47,925
25 Contributions, gifts, grants paid........ 666,325 666,325
26 Total expenses and disbursements. Add lines 24 and 25 790,022 62,518   714,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 68,303
b Net investment income (if negative, enter -0-) 719,517
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 42,530 10,233 10,233
2 Savings and temporary cash investments.......... 94,862 368,308 368,308
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) bullet479,411
Less: allowance for doubtful accounts bullet0 12,247 479,411 479,411
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)........ 5,308,012 Click to see attachment4,822,518 6,277,628
c Investments—corporate bonds (attach schedule)........ 483,125 Click to see attachment376,045 409,966
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 689,298 Click to see attachment641,560 641,560
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment9,268 Click to see attachment10,768 Click to see attachment10,768
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,639,342 6,708,843 8,197,874
Liabilities 17 Accounts payable and accrued expenses.......... 1,000 2,523
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 attachment325 Click to see attachment0
23 Total liabilities (add lines 17 through 22).......... 1,325 2,523
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 6,638,017 6,706,320
30 Total net assets or fund balances (see instructions)...... 6,638,017 6,706,320
31 Total liabilities and net assets/fund balances (see instructions).. 6,639,342 6,708,843
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 6,638,017
2 Enter amount from Part I, line 27a..................... 2 68,303
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 6,706,320
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 6,706,320
Form 990-PF (2014)
Form 990-PF (2014)
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 ISHARES RUSSELL 2000 GROWTH FD P 2013-06-01 2015-03-19
b ISHARES RUSSELL 2000 VALUE FD P 2013-06-01 2015-03-19
c BARCLAYS 5% DUE 9/22/16 P 2013-06-01 2015-02-12
d COCA COLA 4.875% DUE 3/15/19 P 2013-06-01 2015-03-30
e ALLSTATE CORP P 2013-06-01 2015-05-06
AMERICAN EAGLE OUTFITTERS P 2013-06-01 2014-11-14
CALIFORNIA RES CORP P 2013-06-01 2014-12-04
EXXON MOBIL CORP P 2013-06-01 2014-09-05
MERCK & CO P 2013-06-01 2015-02-09
STONE HARBOR LOCAL MARKETS P 2013-06-01 2014-10-20
AQR MANAGED FUTURES STRAT FD P 2013-06-01 2014-10-20
HATTERAS HEDGED STRATEGIES FD P 2013-06-01 2014-10-20
OAKMARK INTERNATIONAL SMALL CAP FUND P 2013-06-01 2014-10-20
PALMER SQUARE ABSOLUTE RETURN FUND P 2013-06-01 2014-10-20
ACTAVIS PLC P 2013-06-01 2015-03-19
ALLSTATE CORP P 2013-06-01 2015-05-08
AMERICAN EAGLE OUTFITTERS P 2013-06-01 2014-11-11
AMGEN INC P 2013-06-01 2014-06-02
BUNGE P 2013-06-01 2015-02-13
CBS P 2013-06-01 2015-03-19
CHESAPEAKE ENERGY CORP P 2013-06-01 2015-03-19
DANAHER CORP P 2013-06-01 2015-03-19
DOW CHEMICAL P 2013-06-01 2015-03-19
EMC CORP MASS P 2013-06-01 2015-05-19
ELECTRONIC ARTS INC P 2013-06-01 2015-03-19
ENDO PHARMACEUTICALS-ENDO INTL PLC P 2013-06-01 2015-03-19
ENDO PHARMACEUTICALS-ENDO INTL PLC P 2013-06-01 2015-03-19
EXPEDIA INC P 2013-06-01 2015-03-19
EXPRESS SCRIPTS HLDG CO P 2013-06-01 2014-07-31
F5 NETWORKS P 2013-06-01 2015-03-19
FOREST LABORATORIES P 2013-06-01 2014-07-31
GANNETT COMPANY P 2013-06-01 2015-03-19
GOOGLE INC CL-C P 2013-06-01 2015-05-04
HAIN CELESTIAL GROUP P 2013-06-01 2015-03-19
JP MORGAN CHASE & CO P 2013-06-01 2015-03-19
LINCOLN NATIONAL CORP P 2013-06-01 2015-03-19
LOWES COS INC P 2013-06-01 2015-03-19
MALLINCKRODT PUBLIC P 2013-06-01 2015-03-19
MASTERCARD INC P 2013-06-01 2015-03-19
ORACLE CORPORATION P 2013-06-01 2014-11-04
POST HOLDINGS INC P 2013-06-01 2015-03-19
PROCTER & GAMBLE P 2013-06-01 2015-03-19
QUALCOMM INC P 2013-06-01 2015-02-09
QUANTA SERVICES INC P 2013-06-01 2015-05-04
SCHLUMBERGER LTD P 2013-06-01 2015-03-19
SKYWORKS P 2013-06-01 2015-05-08
SUNTRUST BANKS INC P 2013-06-01 2015-03-19
XL GORUP PLC P 2013-06-01 2015-01-16
BNY MELLON - ARGENT SMALL CAP CORE P 2013-06-01 2014-11-30
CALIFORNIA RES CORP P 2014-06-01 2014-12-03
EMC CORP MASS P 2014-06-01 2015-03-05
HATTERAS HEDGED STRATEGIES FD P 2014-06-01 2015-03-31
AMGEN INC P 2014-06-01 2014-06-02
BROADCOM CORP CLA P 2014-06-01 2015-03-19
BROADCOM CORP CLA P 2014-06-01 2015-05-28
CH ROBINSON P 2014-06-01 2015-03-19
CHESAPEAKE ENERGY CORP P 2014-06-01 2014-10-22
SEVENTY SEVEN ENERGY P 2014-06-01 2014-07-31
DARDEN RESTAURANTS P 2014-06-01 2015-03-19
DOW CHEMICAL P 2014-06-01 2014-07-31
ELECTRONIC ARTS INC P 2014-06-01 2014-07-31
EXPEDIA INC P 2014-06-01 2014-07-31
F5 NETWORKS P 2014-06-01 2014-07-31
GANNETT COMPANY P 2014-06-01 2014-06-09
HAIN CELESTIAL GROUP P 2014-06-01 2014-07-31
LINCOLN NATIONAL CORP P 2014-06-01 2014-06-09
LINKEDIN CORP A P 2014-06-01 2015-03-19
MALLINCKRODT PUBLIC P 2014-06-01 2014-06-09
SKYWORKS P 2014-06-01 2014-10-22
TEVA PHARMACEUTICALS P 2014-06-01 2015-03-19
UNITED PARCEL SERVICES P 2014-06-01 2014-08-18
WEATHERFORD INTL P 2014-06-01 2015-02-04
WEATHERFORD INTL P 2014-06-01 2014-10-22
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 99,895   47,324 52,571
b 75,131   53,779 21,352
c 58,310   55,534 2,776
d 28,199   25,454 2,745
e 38,677   24,836 13,841
8,622   13,368 -4,746
607   671 -64
19,760   16,567 3,193
17,515   13,978 3,537
12,480   13,988 -1,508
34,980   32,329 2,651
27,324   25,169 2,155
30,000   25,396 4,604
12,480   12,116 364
16,236   6,892 9,344
83,316   51,809 31,507
38,255   61,325 -23,070
46,525   36,700 9,825
56,684   57,550 -866
27,153   12,275 14,878
4,690   8,999 -4,309
24,432   11,608 12,824
9,308   8,992 316
108,437   84,908 23,529
16,794   8,093 8,701
15,760   11,478 4,282
44,806     44,806
9,428   7,680 1,748
99,847   84,761 15,086
11,484   11,000 484
35,958   1,701 34,257
17,480   12,811 4,669
33,657   11,503 22,154
9,468   6,862 2,606
23,535   16,106 7,429
19,204   14,175 5,029
23,764   10,791 12,973
13,082   5,240 7,842
16,450   4,120 12,330
111,853   62,121 49,732
21,233   11,145 10,088
16,539   13,426 3,113
106,330   70,343 35,987
99,356   96,922 2,434
18,914   16,812 2,102
49,137   15,435 33,702
53,528   34,184 19,344
66,799   58,184 8,615
150,000   82,047 67,953
414   531 -117
17,971   19,216 -1,245
598   590 8
69,787   62,904 6,883
11,165   9,507 1,658
64,127   44,324 19,803
7,476   7,373 103
9,277   9,313 -36
5,493   5,506 -13
9,768   8,498 1,270
15,669   13,488 2,181
11,936   9,442 2,494
11,710   11,520 190
11,234   11,000 234
7,377   6,406 971
8,932   9,149 -217
7,686   6,075 1,611
7,767   7,125 642
3,781   2,620 1,161
12,464   7,718 4,746
9,212   7,765 1,447
73,212   76,556 -3,344
39,303   80,570 -41,267
3,378   4,604 -1,226
5,081     5,081
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       52,571
b       21,352
c       2,776
d       2,745
e       13,841
      -4,746
      -64
      3,193
      3,537
      -1,508
      2,651
      2,155
      4,604
      364
      9,344
      31,507
      -23,070
      9,825
      -866
      14,878
      -4,309
      12,824
      316
      23,529
      8,701
      4,282
      44,806
      1,748
      15,086
      484
      34,257
      4,669
      22,154
      2,606
      7,429
      5,029
      12,973
      7,842
      12,330
      49,732
      10,088
      3,113
      35,987
      2,434
      2,102
      33,702
      19,344
      8,615
      67,953
      -117
      -1,245
      8
      6,883
      1,658
      19,803
      103
      -36
      -13
      1,270
      2,181
      2,494
      190
      234
      971
      -217
      1,611
      642
      1,161
      4,746
      1,447
      -3,344
      -41,267
      -1,226
      5,081
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 2 597,933
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))
2013 581,282 7,495,007 0.077556
2012 514,049 7,203,297 0.071363
2011 366,477 7,061,366 0.051899
2010 240,966 6,940,212 0.034720
2009 375,721 6,208,656 0.060516
2 Total of line 1, column (d) ...................... 2 0.296054
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 0.059211
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 8,432,628
5 Multiply line 4 by line 3....................... 5 499,304
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,195
7 Add lines 5 and 6......................... 7 506,499
8 Enter qualifying distributions from Part XII, line 4.............. 8 714,250
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 (2014)
Form 990-PF (2014)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 7,195
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 7,195
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 7,195
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 14,782
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 14,782
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 7,587
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet7,587 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletMO
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    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 ofbulletROBERT D MILLSTONE Telephone no.bullet (314) 721-1932
    Located atbullet7733 FORSYTH BLVD SUITE 1525ST LOUISMO ZIP+4bullet63105
    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 2014, 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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    3b
     
    No
    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 2014?
    4b
     
    No
    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 (2014)
    Form 990-PF (2014)
    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
    ROBERT D MILLSTONE PRESIDENT & DIRECTOR
    0.00     		0 0 0
    7701 FORSYTH BLVD SUITE 925
    ST LOUIS,MO63105
    COLLEEN MILLSTONE DIRECTOR
    20.00     		36,000 0 0
    7701 FORSYTH BLVD SUITE 925
    ST LOUIS,MO63105
    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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    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
    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
    7,036,806
    b
    Average of monthly cash balances.......................
    1b
    215,249
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,308,989
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,561,044
    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
    8,561,044
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    128,416
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,432,628
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    421,631
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    421,631
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    7,195
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,195
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    414,436
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    414,436
    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
    414,436
    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
    714,250
    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
    714,250
    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
    7,195
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    707,055
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 414,436
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 113,168
    b From 2010.......  
    c From 2011....... 14,798
    d From 2012....... 157,253
    e From 2013....... 229,732
    fTotal of lines 3a through e......... 514,951
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 714,250
    a Applied to 2013, 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 2014 distributable amount..... 414,436
    e Remaining amount distributed out of corpus 299,814
    5 Excess distributions carryover applied to 2014. 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 5 814,765
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. 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 2009 not
    applied on line 5 or line 7 (see instructions) ...     		113,168
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		701,597
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 14,798
    c Excess from 2012.... 157,253
    d Excess from 2013.... 229,732
    e Excess from 2014.... 299,814
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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:
    ROBERT D MILLSTONE
    7733 FORSYTH BLVD STE 1525
    ST LOUIS,MO63105
    (314) 721-8815
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITTEN FORM WITH COMPLETE INFORMATION
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2014)
    Form 990-PF (2014)
    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
    ACLU OF MISSOURI FOUNDATION
    454 WHITTIER ST
    ST LOUIS,MO63108     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    ALZHEIMER'S ASSOCIATION
    9370 OLIVE BLVD
    ST LOUIS,MO63132     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 250
    AMERICAN JEWISH COMMITTEE
    7751 CARONDELET AVENUE
    ST LOUIS,MO63105     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    AMERICAN SHAKESPEARE CENTER
    20 S NEW STREET 4TH FLOOR
    STAUNTON,VA24401     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    ARCH CITY DEFENDERS
    812 N COLLINS ST
    ST LOUIS,MO63102     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 500
    ARTS AND EDUCATION COUNCIL
    3547 OLIVE ST
    ST LOUIS,MO63103     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    BAIS ABRAHAM CONGREGATION
    6901 DELMAR BLVD
    ST LOUIS,MO63130     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 360
    BEYOND HOUSING
    6810 PAGE AVE
    ST LOUIS,MO63133     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    BIXBY MEMORIAL HOSPITAL
    818 RIVERSIDE AVE
    ADRIAN,MI49221     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 2,500
    CENTER OF CREATIVE ARTS
    524 TRINITY AVENUE
    ST LOUIS,MO63130     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    CENTRAL REFORM FOUNDATION
    5010 WATERMAN
    ST LOUIS,MO63108     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 13,000
    COLLEGE BOUND
    12 MARYLAND PLAZA
    ST LOUIS,MO63108     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 2,500
    CONGREGATION SHAARE EMETH
    11645 LADUE RD
    ST LOUIS,MO63141     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 180
    CROWN CENTER FOR SENIOR LIVING
    8350 DELCREST DR
    ST LOUIS,MO63124     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    CYSTIC FIBROSIS FOUNDATION
    10801 PEAR TREE LANE
    ST ANN,MO63074     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 11,548
    FOREST PARK FOREVER
    5595 GRAND DR
    ST LOUIS,MO63112     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 10,000
    FRIENDS OF WARRIORS WRESTLING
    251 BERLEKAMP DR
    ST LOUIS,MO63303     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    GATEWAY WARRIOR FOUNDATION
    101 ST ALBANS RD
    ST LOUIS,MO63073     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 8,400
    GRAND CENTER INC
    3526 WASHINGTON AVE 2
    ST LOUIS,MO63103     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 2,500
    HAWTHORN LEADERSHIP SCHOOL FOR GIRLS
    1901 N KINGSHIGHWAY BLVD
    ST LOUIS,MO63113     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 25,000
    HOLOCAUST MUSEUM & LEARNING CENTER
    12 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 10,000
    J ASSOCIATES
    2 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 4,600
    JEWISH COMMUNITY CENTERS ASSOCIATION
    2 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 52,500
    JEWISH COMMUNITY RELATIONS COUNCIL
    12 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    JEWISH FEDERATION - IE MILLSTONE JEWISH INSTITUTE
    12 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 50,000
    JEWISH FEDERATION
    12 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 85,100
    MAYOR'S CHARITY BALL
    3773 ELEM STREET
    ST CHARLES,MO63301     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    MAYOR'S CHARITY GOLF TOURNAMENT
    3773 ELEM STREET
    ST CHARLES,MO63301     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 2,000
    MEMORY CARE HOME SOLUTIONS
    1526 SOUTH BIG BEND BLVD
    ST LOUIS,MO63117     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 500
    MIROWITZ
    348 S MASON RD
    CREVE COEUR,MO63141     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 31,000
    MISSOURI CURES EDUCATION FOUNDATION
    PO BOX 16580
    ST LOUIS,MO63105     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    NATIONAL CONFERENCE COMMUNITY JUSTICE
    1405 PINE STREET SUITE 203
    ST LOUIS,MO63103     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    NINE NETWORK
    3655 OLIVE STREET
    ST LOUIS,MO63103     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    OASIS
    7710 CARONDELET STE 125
    ST LOUIS,MO63105     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 3,000
    PARTNERS FOR PROGRESS GREATER ST CHARLES COUNTY
    5988 MID RIVERS MALL DRIVE
    ST LOUIS,MO63304     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 15,000
    PATHWAYS TO INDEPENDENCE
    200 SOUTH HANLEY
    ST LOUIS,MO63105     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    PEDAL THE CAUSE
    900 SPRUCE STREET STE 125
    ST LOUIS,MO63102     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    PLANNED PARENTHOOD
    4251 FOREST PARK AVE
    ST LOUIS,MO63108     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 27,825
    READY READERS
    1974 INNERBELT BUSINESS CENTER DR
    ST LOUIS,MO63114     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    REGIONAL BUSINESS COUNCIL
    7701 FORSYTH BLVD 205
    ST LOUIS,MO63105     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 11,000
    SCHNEIDER CHILDREN'S CANCER CENTER
    295 MADION AVE
    NEW YORK,NY10017     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 2,500
    SHAARE EMETH
    11645 LADUE RD
    ST LOUIS,MO63141     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 820
    SHAKESPEARE FESTIVAL OF ST LOUIS
    462 NORTH TAYLOR
    ST LOUIS,MO63108     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    ST LOUIS JEWISH LIGHT
    12 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 2,500
    ST LOUIS PSYCHOANALYTIC INSTITUTE
    8820 LADUE ROAD 3RD FLOOR
    ST LOUIS,MO63124     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    ST LOUIS PUBLIC LIBRARY FOUNDATION
    1415 OLIVE ST
    ST LOUIS,MO63103     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    ST LOUIS PUBLIC RADIO
    3651 OLIVE ST
    ST LOUIS,MO63108     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 500
    ST LOUIS SCIENCE CENTER
    5050 OAKLAND AVE
    ST LOUIS,MO63110     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 900
    STATE OF ST LOUIS FOUNDATION
    A METROPOLITAN SQ STE 1300
    ST LOUIS,MO63102     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    THE FOUNDATION FOR BARNES-JEWISH HOSPITAL
    HIGHLANDS PLAZA DR SUITE 140
    ST LOUIS,MO63110     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 13,246
    THE FOURTEEN FUND
    1401 CLARK AVENUE
    ST LOUIS,MO63103     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 10,000
    TORAH PREP SCHOOL OF ST LOUIS
    609 NORTH AND SOUTH RD
    ST LOUIS,MO63130     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    UMV FOUNDATION
    411 MAIN STREET
    BURLINGTON,VT05401     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    UNITED HEBREW CONGREGATION
    13788 CONWAY ROAD
    ST LOUIS,MO63141     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,396
    UNITED WAY OF GREATER ST LOUIS
    910 NORTH 11TH ST
    ST LOUIS,MO63101     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 10,000
    UNIVERSITY OF MISSOURI - ST LOUIS
    8001 NATURAL BRIDGE
    ST LOUIS,MO63121     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 10,000
    UNIVERSITY OF VERMONT
    411 MAIN STREET
    BURLINGTON,VT05401     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 125,000
    VERGENNES AREA YOUTH LEAGUE
    335 MIX STREET
    BRISTOL,CT06010     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    VERMONT CHILDREN'S TRUST FOUNDATION
    19 MARBLE AVENUE
    BURLINGTON,VT05401     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 1,000
    VERMONT PARKS FOREVER
    PO BOX 815
    MONTPELIER,VT05601     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 35,000
    WASHINGTON UNIVERSITY SCHOOL OF LAW
    ONE BROOKINGS DRIVE
    ST LOUIS,MO63130     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 10,000
    WASHINGTON UNIVERSITY
    ONE BROOKINGS DRIVE
    ST LOUIS,MO63130     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 200
    YESHIVAT KADIMAH HIGH SCHOOL
    1142 NORTH WARSON ROAD
    ST LOUIS,MO63132     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 5,000
    ZAMIR CHORAL FOUNDATION
    475 RIVERSIDE DR 1948
    NEW YORK,NY10115     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 10,000
    Total .................................bullet 3a 666,325
    bApproved for future payment
    JEWISH COMMUNITY CENTERS ASSOCIATION
    2 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 400,000
    MIROWITZ
    12 MILLSTONE CAMPUS DRIVE
    ST LOUIS,MO63146     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 42,000
    UMV FOUNDATION
    411 MAIN STREET
    BURLINGTON,VT05401     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 20,000
    VERMONT PARKS FOREVER
    PO BOX 16580
    MONTPELIERVY,VT05601     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 50,000
    WASHINGTON UNIVERSITY SCHOOL OF LAW
    ONE BROOKINGS DRIVE
    ST LOUIS,MO63130     		NONE 501(C)(3) PUBLIC CHA TO FURTHER RECIPIENT'S CHARITABLE PURPOSE 20,000
    Total .................................bullet 3b 532,000
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 ............     		    01 27,697  
    4 Dividends and interest from securities....     01 114,889  
    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.....     01 117,806  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 597,933  
    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).. 0 858,325 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13858,325
    (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 (2014)
    Form 990-PF (2014)
    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
    Yes
    No
    organizations?
    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 namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES 5,575 2,788   2,787

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BOEING CAPITAL CORP 4.7% DUE 10/27/19 50,029 56,086
    BURLINGTON 4.7% DUE 10/1/19 50,042 55,636
    FLORIDA POWER CORP 4.55% DUE 4/1/20 99,511 110,754
    HEWLETT PACKARD 5.5% DUE 3/1/18 75,745 82,816
    JP MORGAN CHASE 3.45% DUE 3/1/16 50,243 50,987
    KELLOGG 4.5% DUE 5/30/16 25,013 25,870
    PROCTOR & GAMBLE 4.7% DUE 2/15/19 25,462 27,817
    BARCLAYS DUE 9/22/16 0 0
    BERKSHIRE HATHAWAY DUE 1/15/15 0 0
    COCA COLA DUE 3/15/19 0 0

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC. 20,045 43,949
    ACTAVIS PLC 40,367 101,247
    ALLSTATE CORP 0 0
    AMERICAN EAGLE OUTFITTERS 0 0
    AMGEN INC 0 0
    AQR MANAGED FUTURES 20,451 23,124
    ARGENT SMALL CAP CORE 250,001 329,906
    AT&T INC. 20,516 22,106
    BNY MELLON - ARGENT SMALL CAP CORE 0 0
    BRISTOL MYERS SQUIBB COMPANY 27,471 42,636
    BROADCOM CORP CLA 56,309 82,432
    BUNGE LTD 0 0
    CABLEVISION SYSTEMS CORP 119,649 132,354
    CBRE CLARION LONG/SHORT 15,400 17,190
    CBS CORPORATION 74,462 129,612
    CBS CORPORATION 0 0
    CH ROBINSON 58,984 49,384
    CHESAPEAKE ENERGY CORP 77,390 41,625
    CHEVRON CORPORATION 21,973 21,115
    COHEN STEERS INTERNATIONAL REALTY 56,064 44,489
    CONAGRA 114,951 119,691
    CONOCOPHILLIPS 33,341 35,024
    DANAHER CORPORATION 54,180 120,848
    DARDEN RESTAURANTS INC. 96,462 114,695
    DODGE & COX INTERNATIONAL STOCK 120,000 135,077
    DOW CHEMICAL 128,182 143,192
    E*TRADE FINANCIAL CORP 57,665 57,447
    ELECTRONIC ARTS INC 76,184 181,990
    EMC CORPORATION 0 0
    EMERSON ELECTRIC COMPANY 18,215 20,505
    ENDO PHARMACEUTICALS-ENDO INTL PLC 78,010 83,760
    EXPEDIA INC 69,122 96,534
    EXPRESS SCRIPTS HLDG CO 0 0
    EXXON MOBILE 0 0
    F5 NETWORKS 93,359 106,836
    FOREST LABORATORIES 0 0
    GANNETT COMPANY 107,013 148,886
    GENERAL ELECTRIC COMPANY 20,743 25,907
    GENERAL MILLS INC. 24,570 30,883
    GOOGLE INC CL-A 43,088 98,158
    GOOGLE INC CL-C 31,448 63,853
    HAIN CELESTIAL GROUP 70,906 98,069
    HATTERAS HEDGED STRATEGIES FD 0 0
    INTEL CORPORATION 24,741 35,666
    ISHARES COHEN&STEERS 49,974 58,857
    ISHARES MSCI EAFE INDEX 198,492 248,900
    ISHARES MSCI EMERGING MARKETS INDEX 123,441 131,378
    ISHARES MSCI GROWTH INDEX 74,985 85,880
    ISHARES RUSSELL 2000 GROWTH INDEX 71,527 150,876
    ISHARES RUSSELL 2000 VALUE INDEX 108,885 150,387
    JOHNSON & JOHNSON 23,017 30,042
    JP MORGAN CHASE AND COMPANY 109,007 151,294
    LINCOLN NATIONAL GROUP 84,818 111,170
    LINKEDIN CORP A 75,999 62,377
    LOCKHEED MARTIN CORPORATION 26,579 50,814
    LOWES COS INC. 50,982 94,473
    MALLINCKRODT PUBLIC 53,001 110,024
    MASTERCARD INC. 19,570 87,647
    MAXIM INTEGRATED PRODUCTS INC. 32,551 35,070
    MERCK & CO INC NEW 0 0
    METLIFE INC. 29,343 35,537
    MICROSOFT CORPORATION 31,035 44,985
    NEXTERRA ENERGY INC. 26,043 36,331
    OAKMARK INTERNATIONAL SMALL CAP 30,127 39,714
    OCCIDENTAL PETROLEUM CORPORATION 33,281 28,930
    ON SEMICONDUCTOR CORP 114,865 125,307
    ORACLE 0 0
    PALMER SQUARE ABSOLUTE RETURN 14,226 14,849
    PEPSICO INC. 21,242 27,000
    PFIZER INC. 33,803 51,430
    POST HOLDINGS INC. 106,257 112,476
    PRINCIPAL FINANCIAL GROUP INC. 24,521 50,139
    PROCTER & GAMBLE COMPANY 95,065 100,339
    QUALCOMM INC 0 0
    QUANTA SERVICES INC 0 0
    SCHLUMBERGER LTD. 74,903 86,232
    SKYWORKS 44,762 158,572
    SOUTHERN CO 16,504 17,476
    SPDR S&P INTER DVD 124,863 123,713
    STONE HARBOR LOCAL MARKETS 12,520 10,112
    SUNTRUST BANKS INC. 59,239 87,494
    TEVA PHARM 122,549 138,230
    TWEEDY, BROWNE GLOBAL VALUE 257,436 269,054
    UNITED PARCEL SERVICE 28,490 29,766
    VERIZON COMMUNICATIONS INC. 21,116 22,248
    WADDELL & REED FINANCIAL INC. 27,336 28,668
    WALMART STORES INC. 24,374 26,366
    WELLS FARGO & COMPANY 24,858 37,773
    WILLIAM BLAIR INTERNATIONAL GROWTH I 178,934 191,958
    WILLIAMS CO 20,736 25,550
    XL GROUP PLC NEW 0 0

    TY 2014 InvestmentsOtherSchedule2
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT: MEDIBEACON AT COST 0 0
    INVESTMENT: LC CO-INVEST HOLDINGS, LP AT COST 500,000 500,000
    INVESTMENT: SUMMIT AT COST 41,560 41,560
    LONG-TERM INVESTMENTS AT COST 0 0
    INVESTMENT: LOCKERDOME AT COST 100,000 100,000

    TY 2014 OtherAssetsSchedule
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST / DIVIDEND RECEIVABLE 9,268 3,181 3,181
    FEDERAL EXCISE TAX RECIEVABLE 0 7,587 7,587


    TY 2014 OtherExpensesSchedule
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 24,505 24,505   0
    OFFICE EXPENSES 1,094 547   547
    EVENTS 10,998 0   10,998
    PENALTIES 31 0   0
    LC CO INVEST HOLDINGS LP 0 1,530   444


    TY 2014 OtherIncomeSchedule2
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS 18,363 18,363 18,363
    LC CO INVEST HOLDINGS 17,396 4 17,396
    ARROW ROCK 0 9 0
    ARGENT SMALL CAP 82,047 23,142 82,047


    TY 2014 OtherLiabilitiesSchedule
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED PAYROLL TAX 127 0
    FEDERAL EXCISE TAX PAYABLE 198 0


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    IT CONSULTING SERVICES 6,682 3,341   3,341


    TY 2014 TaxesSchedule
    Name:
    MILLSTONE FOUNDATION
    EIN: 43-6027373
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 15,197 0   0
    PAYROLL TAXES 2,727 1,363   1,364
    PROPERTY TAXES 328 164   164