Form990-PF
Click to see attachment

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
EMIL BUEHLER PERPETUAL TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)c/o Boyle Co PA 113 Johnson Ave   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Hackensack, NJ07601
A Employer identification number

22-6395303
B Telephone number (see instructions)

(201) 487-6666
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$58,597,414J 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 132 132  
4 Dividends and interest from securities...... 519,245 519,245  
5a Gross rents.............. 4,421,681 4,421,681  
b Net rental income or (loss) 1,318,072
6a Net gain or (loss) from sale of assets not on line 10 -387,642
b Gross sales price for all assets on line 6a 4,327,254
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,553,416 4,941,058  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 147,673 46,092   101,581
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 94,579      
b Accounting fees (attach schedule)....... Click to see attachment 53,401 26,701   26,700
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 286,000     250,000
19 Depreciation (attach schedule) and depletion... Click to see attachment 440,171 440,171  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,707 853   854
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 2,663,498 2,663,498    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,687,029 3,177,315   379,135
25 Contributions, gifts, grants paid........ 2,260,000 2,260,000
26 Total expenses and disbursements. Add lines 24 and 25 5,947,029 3,177,315   2,639,135
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,393,613
b Net investment income (if negative, enter -0-) 1,763,743
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............... 603,562 1,959,523 1,959,523
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 2,988,534 4,032,212 4,032,212
10a Investments—U.S. and state government obligations (attach schedule) 12,687,115 9,105,679 9,105,679
b Investments—corporate stock (attach schedule)........      
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)...........      
14 Land, buildings, and equipment: basis bullet33,227,803
Less: accumulated depreciation (attach schedule) bullet19,915,916 13,849,328 Click to see attachment13,311,887 43,000,000
15 Other assets (describe bullet) Click to see attachment3,555,673 Click to see attachment500,000 Click to see attachment500,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 33,684,212 28,909,301 58,597,414
Liabilities 17 Accounts payable and accrued expenses.......... 1,361,462 1,564,894
18 Grants payable.................. 2,835,000 1,125,000
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 14,074,022 Click to see attachment13,620,015
22 Other liabilities (describe bullet) Click to see attachment1,379,992 Click to see attachment350,978
23 Total liabilities (add lines 17 through 22).......... 19,650,476 16,660,887
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......... 28,713,137 28,713,137
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds -14,679,401 -16,464,723
30 Total net assets or fund balances (see instructions)...... 14,033,736 12,248,414
31 Total liabilities and net assets/fund balances (see instructions).. 33,684,212 28,909,301
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 14,033,736
2 Enter amount from Part I, line 27a..................... 2 -1,393,613
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 12,640,123
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 757,632
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 11,882,491
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 Various See Schedule Attached P 2013-01-01 2015-11-01
b various Basis Adjustment P 2013-01-01 2015-11-01
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 4,327,254   4,328,274 -1,020
b     1,322 -1,322
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       -1,020
b       -1,322
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 -387,642
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 2,840,445 56,861,771 0.04995
2012 3,263,989 57,441,520 0.05682
2011 3,016,801 59,810,272 0.05044
2010 3,592,180 64,796,315 0.05544
2009 3,541,350 69,246,556 0.05114
2 Total of line 1, column (d) ...................... 2 0.26380
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 0.05276
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 54,147,723
5 Multiply line 4 by line 3....................... 5 2,856,780
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 17,637
7 Add lines 5 and 6......................... 7 2,874,417
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,639,135
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 35,275
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 35,275
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 35,275
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 39,671
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 39,671
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 4,396
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet4,396 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
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)
    bulletNJ
    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 .Click to see attachment
    8b
     
    No
    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 addressbulletSee Statement 14
    14
    The books are in care ofbulletEmil Buehler Perpetual Trust Telephone no.bullet (201) 487-6666
    Located atbullet113 Johnson AveHackensackNJ ZIP+4bullet07601
    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
     
    No
    .........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
     
    No
    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
     
    No
    .........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
     
    No
    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
    Wells Fargo Bank Private Bank Trustee
    5.00     		197,560    
    1 West 4th Street 2nd Floor
    Winston Salem,NC27101
    Wells Fargo Bank Private Bank Grant Administr
    5.00     		55,488    
    1 West 4th Street 2nd Floor
    Winston Salem,NC27101
    Robert D Boyle CPA Trustee
    5.00     		85,589    
    73 Woodland Avenue
    Allendale,NJ07401
    George Weaver Trustee
    5.00     		85,589    
    871 W Commercial Blvd
    FT Lauderdale,FL33334
    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
    Hartman & Winnicki PC Legal 314,088
    West 115 Century Rd
    Paramus,NJ07652
    Rhein ManagementMosel Management Real estate commissi 413,182
    863 Seneca RD
    Franklin Lakes,NJ07417
    NAI James E Hanson Inc Property Mgt/commiss 253,380
    235 Moore Street
    Hackensack,NJ07601
    CBRE Real Estate Real Estate Commissi 211,155
    200 Park Avenue-17th floor
    New York,NY10166
    Boyle & Company Accounting & bookkee 106,802
    113 Johnson Ave
    Hackensack,NJ07601
    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  
    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.........................bullet  
    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
    10,896,397
    b
    Average of monthly cash balances.......................
    1b
    1,281,543
    c
    Fair market value of all other assets (see instructions)................
    1c
    48,538,210
    d
    Total (add lines 1a, b, and c).........................
    1d
    60,716,150
    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
    5,743,842
    3
    Subtract line 2 from line 1d.........................
    3
    54,972,308
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    824,585
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    54,147,723
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,707,386
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,707,386
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    35,275
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    35,275
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,672,111
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,672,111
    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
    2,672,111
    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
    2,639,135
    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
    2,639,135
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,639,135
    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 2,672,111
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 2,046,010
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,639,135
    a Applied to 2013, but not more than line 2a 2,046,010
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 593,125
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014.    
    (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  
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		2,078,986
    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 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    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:
    Emil Buehler Perpetual Trust
    North 1 West 4th Street 2nd Floor
    Winston Salem,NC27101
    (908) 598-3580
    www.wellsfargo.com/privatefoundationgrants
    bThe form in which applications should be submitted and information and materials they should include:
    Application available upon request.Web address: https://www.wellsfargo.com/private-foundations/buehler-perpetual-trust
    cAny submission deadlines:
    See Website for submission deadline
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Grants are made to qualified organizations that carryforth research and development of improved aircraft and promoting the field of aviation science and technology.
    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
    Broward Community College
    225 East Las Olas Blvd
    Fort Lauderdale,FL33301     		None Colleg Program support 300,000
    Buehler Challenger Science Center
    400 Paramus Road
    Paramus,NJ07652     		None 501c3 Project support 425,000
    Museum of Discovery
    401 SW 2nd Street
    Ft Lauderdale,FL33312     		none 501c3 program support 200,000
    Airline Owners Pilot Assn
    421 Aviation Way
    Frederick,MD21701     		None 501c3 Program Support 110,000
    Sun'n Fun
    PO Box 7670
    Ft Lauderdale,FL33807     		none 501c3 Program Support 225,000
    Rutgers University
    57 US Highway 1
    New Brunswick,NJ08901     		None Universit Aeronotic Wind Tunnel 500,000
    Pacific Aviation Museum of Pearl Ha
    319 Lexington Boulevard
    Honolulu,HI96818     		None 501(c)3 Program support-Control Tower Restoration 500,000
    Total .................................bullet 3a 2,260,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 ............     		        132
    4 Dividends and interest from securities....         519,245
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531120 1,318,072      
    bNot debt-financed property.....         365,923
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		        -387,642
    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).. 1,318,072   497,658
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,815,730
    (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
    Buehler Aviation Foundati 501(c)3 Common directors
    Emil Buehler Foundation 501(c)3 Common directors
    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: 14000265
    Software Version: 2014v6.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting - General 53,401 26,701 0 26,700

    TY 2014 ContractorCompensationExpln
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Contractor Explanation
    Accounting and Booking Services
    Real Estate Commissions
    Legal
    Rental management and rental commission
    Real Estate Commissions

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

    TY 2014 DepreciationSchedule
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING #4 1987-08-01 201,053 182,628 SL 30.0000 6,702 6,702    
    1988 ADDITIONS 1987-12-01 1,606,600 1,445,934 SL 30.0000 53,553 53,553    
    88/89 ADDITIONS 1988-12-01 247,739 210,579 SL 30.0000 8,258 8,258    
    CONSTRUCTION 2ND QTR 1989-04-01 227,144 193,064 SL 30.0000 7,571 7,571    
    CAPITAL IMPROVEMENTS 1989-05-01 79,176 67,295 SL 30.0000 2,639 2,639    
    CAP IMPROVMNT 8/89 1989-05-01 6,612 5,612 SL 30.0000 220 220    
    CAP IMPRVMNT 10/89 1989-05-01 44,245 37,611 SL 30.0000 1,475 1,475    
    ADDITIONS 11/89 1989-05-01 55,381 47,073 SL 30.0000 1,846 1,846    
    BLDG #3 ADDITIONS 90 1990-05-01 21,698 17,715 SL 30.0000 723 723    
    BENSON-VERHAGE ELEC 1990-05-01 36,756 30,013 SL 30.0000 1,225 1,225    
    BLDG #2A IMPRVMNTS 1990-05-01 1,070 880 SL 30.0000 36 36    
    BLDG #2A-SHEET METAL 1990-05-01 16,604 13,550 SL 30.0000 553 553    
    BLDG #2 DRAIN INSTAL 1990-05-01 3,238 2,645 SL 30.0000 108 108    
    ARCHITECT JOB 9067 1991-07-01 28,800 20,587 SL 3.03 % 873 873    
    WELLS JOB 9067 1991-09-01 4,200 2,985 SL 3.03 % 127 127    
    BLDG #4 VAR IMPRVMNT 1991-10-01 11,667 8,284 SL 3.03 % 354 354    
    BLDG #5 VAR IMPRVMNT 1991-10-01 41,048 29,120 SL 3.03 % 1,244 1,244    
    BLDG #4 IMPROVEMENTS 1991-11-01 21,174 14,971 SL 3.03 % 642 642    
    FALLS CONTRACTING 1992-02-01 4,965 3,556 SL 3.13 % 155 155    
    IMPRVMNT IBM BLDG 1992-02-01 5,350 3,831 SL 3.13 % 167 167    
    BUILD OUT CFM 1993-02-02 54,197 37,133 SL 3.13 % 1,694 1,694    
    AIR COND - BAL 1993-01-02 2,150 1,475 SL 3.13 % 67 67    
    ACCUTECH TANK REMOVAL 1993-04-02 24,222 16,466 SL 3.13 % 757 757    
    TROAS BLDG #1-ENGINER 1993-05-02 4,698 3,184 SL 3.13 % 147 147    
    TROAST BLDG #2-CONST 1993-05-08 1,244 844 SL 3.13 % 39 39    
    TROAST BLDG #2A-CONST 1993-05-02 1,244 844 SL 3.13 % 39 39    
    ROLAND BLDG #5 BUILD 1993-05-02 7,500 5,071 SL 3.13 % 234 234    
    LAPATHA BLDG #1 1993-06-01 220 151 SL 3.13 % 7 7    
    WELLS BLDG #3 1993-06-02 600 409 SL 3.13 % 19 19    
    TROAST #5 BUILD OUT 1993-06-02 1,025 691 SL 3.13 % 32 32    
    TRIMECH #5 AIR COND 1993-06-02 1,898 1,274 SL 3.13 % 59 59    
    BLDG #1 CONST 1993-07-02 47,232 30,876 SL 3.03 % 1,431 1,431    
    BLDG #2 TROAST 1993-07-02 2,885 1,879 SL 3.03 % 87 87    
    BLDG #2A TROAST 1993-07-02 2,885 1,879 SL 3.03 % 87 87    
    BLDG #3 TROAST 1993-07-02 3,555 2,330 SL 3.03 % 108 108    
    MISC 1993-07-02 446 301 SL 3.03 % 14 14    
    IMPROVMENTS (NET) 1993-08-02 36,122 23,510 SL 3.03 % 1,094 1,094    
    IMPROVEMENTS - SEPT 1993-09-02 39,201 25,425 SL 3.03 % 1,188 1,188    
    IMPROVEMENTS - OCT 93 1993-10-01 15,971 10,316 SL 3.03 % 484 484    
    IMPROVEMENTS - NOV 93 1993-11-01 18,466 11,886 SL 3.03 % 560 560    
    FEB ADDITIONS 1994-02-15 4,724 3,055 SL 3.13 % 148 148    
    WELLS ASSOC-VARGAS 1993-12-15 4,130 2,501 SL 3.03 % 125 125    
    MANCINI 1993-01-15 1,122 732 SL 3.13 % 35 35    
    TROAST 1994-01-15 24,853 16,242 SL 3.13 % 777 777    
    LEGAL BLDG 5 1994-01-15 5,592 3,658 SL 3.13 % 175 175    
    MAR 94 1994-03-15 48,506 31,563 SL 3.13 % 1,516 1,516    
    APRIL 94 1994-04-15 178 122 SL 3.13 % 6 6    
    MAY 94 1994-05-15 13,110 8,466 SL 3.13 % 410 410    
    ELKO BUILDOUT 1994-06-01 2,500 1,604 SL 3.13 % 3 3    
    BLACK BUILDOUT 1994-06-01 13,628 8,761 SL 3.13 % 18 18    
    ARCHITECT-IVES 1994-06-01 5,049 3,249 SL 3.13 % 158 158    
    DEMOLITION-TROAST 1994-06-01 8,150 5,266 SL 3.13 % 255 255    
    BLACKMUN FIT UP 1995-02-15 15,406 7,661 SL 2.50 % 385 385    
    DEMOLITION 1995-05-15 1,560 766 SL 2.50 % 39 39    
    BUILDING 1993-10-01 5,356,602 3,459,346 SL 3.03 % 162,305 162,305    
    CONSTRUCTION INTEREST 1993-10-01 93,887 60,638 SL 3.03 % 2,845 2,845    
    CONST. MNGMT FEE 1993-10-01 77,107 49,790 SL 3.03 % 2,336 2,336    
    BUILDING 1993-12-15 33,552 21,675 SL 3.03 % 1,017 1,017    
    BUILDING-LEGAL 1994-01-01 10,135 6,222 SL 3.03 % 307 307    
    BUILDING-MISC 1994-01-01 1,425 943 SL 3.13 % 45 45    
    ADDIT-BLDG 1994-01-01 9,881 6,486 SL 3.13 % 309 309    
    CONSTRUCT MGT FEE 1994-01-01 2,454 1,616 SL 3.13 % 77 77    
    FEB ADDITIONS 1994-02-01 221,313 144,579 SL 3.13 % 6,916 6,916    
    MAR 94 1994-03-15 29,072 18,925 SL 3.13 % 909 909    
    CONSTR FINANCE FEE 1993-12-01 54,718 35,892 SL 3.13 % 1,710 1,710    
    MAY 94 1994-05-15 35,827 23,129 SL 3.13 % 1,120 1,120    
    JUNE 94 ADDITIONS 1994-06-01 3,543 2,283 SL 3.13 % 111 111    
    JULY 94 ADDITIONS 1994-07-01 7,431 4,619 SL 3.03 % 225 225    
    AUG 94 IMPROV 1994-08-01 4,480 2,744 SL 3.03 % 136 136    
    SEPT 94 ADDITIONS 1994-09-15 8,442 5,210 SL 3.03 % 256 256    
    DEC ADDIT 94 1994-12-15 12,063 5,751 SL 2.50 % 302 302    
    JAN ADDIT 1995 1995-01-15 4,749 2,378 SL 2.50 % 119 119    
    JOHN PAYNE CONST MGM 1995-03-15 500 257 SL 2.50 % 13 13    
    LOU MARCH-SITE WORK 1994-12-01 100,000 47,607 SL 2.50 % 2,500 2,500    
    ENGINEERING 1995-05-15 1,888 923 SL 2.50 % 47 47    
    CONS MGT FEE PAYABLE 1995-05-15 2,035 1,002 SL 2.50 % 51 51    
    LAPATKA 7/95 1995-07-15 121 58 SL 2.50 % 3 3    
    LOU MARCH CURBING 1995-08-15 20,000 9,693 SL 2.50 % 500 500    
    MARCH-FARVIEW 1995-09-15 30,000 14,539 SL 2.50 % 750 750    
    WELLS 1995-10-15 304 154 SL 2.50 % 8 8    
    BORO PARAMUS 1995-10-15 2,624 1,268 SL 2.50 % 66 66    
    MARCH SITE WORK 1995-10-15 23,000 11,048 SL 2.50 % 575 575    
    MISC 1995-10-15 497 231 SL 2.50 % 12 12    
    IMPROVE FEB 94 #1 1994-02-15 43,167 26,051 SL 3.03 % 1,308 1,308    
    LEGAL #1 1994-02-15 6,961 4,202 SL 3.03 % 211 211    
    IMP FEB 94 #1 1994-02-15 7,852 4,741 SL 3.03 % 238 238    
    MAR 94 #1 1994-03-15 51,529 33,385 SL 3.13 % 1,610 1,610    
    FEB 94 #1 1994-02-15 18,405 11,972 SL 3.13 % 575 575    
    APRIL 94 #1 1994-04-15 101,783 65,690 SL 3.13 % 3,181 3,181    
    MAY 94 #1 1994-05-15 94,353 60,899 SL 3.13 % 2,949 2,949    
    JUNE 94 ADDITIONS #1 1994-06-01 63,456 40,783 SL 3.13 % 1,983 1,983    
    JULY 94 ADDITIONS #1 1994-07-01 223,243 137,671 SL 3.03 % 6,764 6,764    
    AUG 94 ADDIT #1 1994-08-01 72,599 36,890 SL 2.50 % 1,815 1,815    
    SEPT 94 ADDIT #1 1994-09-15 166,646 84,675 SL 2.50 % 4,166 4,166    
    OCT ADDIT #1 1994-10-15 28,261 14,430 SL 2.50 % 707 707    
    NOV ADDITIONS #1 1994-11-15 224,192 114,401 SL 2.50 % 5,605 5,605    
    CONSTR MGT FEE #1 1994-09-15 5,347 2,704 SL 2.50 % 134 134    
    PAID BY PC RICHARDS #1 1994-09-15 600,000 309,048 SL 2.50 % 15,000 15,000    
    DEC ADDIT 94 #1 1994-12-15 11,480 5,465 SL 2.50 % 287 287    
    JAN ADDIT 1995 #1 1995-01-15 15,374 7,674 SL 2.50 % 384 384    
    FEB ADDIT 95 #1 1995-02-15 8,221 4,099 SL 2.50 % 206 206    
    SITEWORK #1 1995-02-15 83,464 41,528 SL 2.50 % 2,087 2,087    
    DEMOLITION #1 1995-03-15 34,120 16,901 SL 2.50 % 853 853    
    ENGINEERING #1 1995-03-15 731 357 SL 2.50 % 18 18    
    ARCHITECT #1 1995-03-15 23 19 SL 2.50 % 1 1    
    JOHN PAYNE CONST MGT #1 1995-03-15 325 159 SL 2.50 % 8 8    
    DEMOLITION 2 #1 1995-04-15 2,838 1,401 SL 2.50 % 71 71    
    CONST MGT #1 1995-04-15 2,348 1,164 SL 2.50 % 59 59    
    ENGINEER 495 #1 1995-04-15 7,068 3,492 SL 2.50 % 177 177    
    CONST MGT PAYNE #1 1995-05-15 2,189 1,080 SL 2.50 % 55 55    
    DELAM CONSTRUCT #1 1995-06-15 4,120 2,014 SL 2.50 % 103 103    
    IVES GROUP #1 1995-06-20 2,812 1,369 SL 2.50 % 70 70    
    IVES GROUP #1 1995-07-15 3,374 1,636 SL 2.50 % 84 84    
    ROOF REPLACE #1 1995-08-15 101,243 49,064 SL 2.50 % 2,531 2,531    
    PAVING FEDERAL #1 1995-08-15 1,300 640 SL 2.50 % 33 33    
    NEW ROOF #1 1995-09-15 67,575 32,742 SL 2.50 % 1,689 1,689    
    LAPATKA ENG #1 1995-10-15 3,155 1,518 SL 2.50 % 79 79    
    REPAIR ROOF EASTCO #1 1995-10-15 4,550 2,200 SL 2.50 % 114 114    
    MAR 94 #5 1994-03-15 2,165 1,410 SL 3.13 % 68 68    
    LEGAL APRIL #5 1994-04-15 758 495 SL 3.13 % 24 24    
    LEGAL MAY #5 1994-05-15 1,436 926 SL 3.13 % 45 45    
    LEGAL #5 1994-06-01 93 59 SL 3.13 % 3 3    
    FEES PARAMUS #5 1995-05-15 825 412 SL 2.50 % 21 21    
    LAPATKA #5 1995-06-28 6,705 3,285 SL 2.50 % 168 168    
    STEWART BURGIS #5 1995-06-15 1,225 606 SL 2.50 % 31 31    
    LAPATKA JULY #5 1995-07-15 395 195 SL 2.50 % 10 10    
    PERMITS #5 1995-08-15 2,906 1,415 SL 2.50 % 73 73    
    PCR SITE - BLDG. #1 1996-02-01 3,500 1,653 SL 2.50 % 88 88    
    PERMITS - BLDG. #5 1996-02-01 984 469 SL 2.50 % 25 25    
    PCR SITE WORK-BLDG. #1 1996-03-01 60,000 28,063 SL 2.50 % 1,500 1,500    
    ENGINEER BLDG. #5 1996-03-01 8,891 4,153 SL 2.50 % 222 222    
    BUILDOUT 1996-04-01 125,000 58,204 SL 2.50 % 3,125 3,125    
    ENGINEER-BLDG. #5 1996-04-01 738 336 SL 2.50 % 18 18    
    ARCHITECT-BLDG. #5 1996-04-01 125,114 58,260 SL 2.50 % 3,128 3,128    
    PERMITS - BLDG. #5 1996-04-01 2,238 1,043 SL 2.50 % 56 56    
    5EM ENGINEERING 1996-05-31 37,513 17,392 SL 2.50 % 938 938    
    5EM SITE WORK 1996-05-31 3,344 1,557 SL 2.50 % 84 84    
    5EM ARCHITECT 1996-05-31 503,592 233,439 SL 2.50 % 12,590 12,590    
    5EM-PERMITS 1996-06-21 18,040 8,546 SL 2.56 % 463 463    
    5EM MARCH 1996-06-18 224,078 106,047 SL 2.56 % 5,745 5,745    
    5EM GARAFALO 1996-06-18 44,800 21,209 SL 2.56 % 1,149 1,149    
    5EM HACKENSACK ROOF 1996-07-31 107,625 49,448 SL 2.50 % 2,691 2,691    
    5EM DP CONSTRUCTION SITE 1996-07-31 14,964 6,872 SL 2.50 % 374 374    
    5EM SEITSMA 1996-07-31 20,377 9,353 SL 2.50 % 509 509    
    5EM GARAFALO 1996-07-31 6,637 3,050 SL 2.50 % 166 166    
    5EM MISS 1996-07-31 2,538 1,158 SL 2.50 % 63 63    
    5EM ENGINEERING 1996-07-31 1,160 533 SL 2.50 % 29 29    
    BENSEN VER HAAG 1996-08-31 1,214 549 SL 2.50 % 30 30    
    MARCH ASSOCIATES 1996-08-31 71,961 32,907 SL 2.50 % 1,799 1,799    
    MISC. AUGUST 1996-08-31 185 91 SL 2.50 % 5 5    
    BORO OF PARAMUS 1996-09-06 1,707 783 SL 2.50 % 43 43    
    BENSON-VERHAG 1996-09-06 5,980 2,731 SL 2.50 % 150 150    
    TRAFFIC SAFETY 1996-09-06 42 18 SL 2.50 % 1 1    
    GARAFALO 1996-09-06 484 219 SL 2.50 % 12 12    
    LAPATKA 1996-09-05 3,727 1,693 SL 2.50 % 93 93    
    GARAFALO 1996-10-10 1,590 725 SL 2.50 % 40 40    
    J & C IRRIGATION 1996-10-23 183 91 SL 2.50 % 5 5    
    VER HAAG 1996-11-05 4,550 2,057 SL 2.50 % 114 114    
    MEDIA BUILDOUT 1998-12-01 17,118 7,006 SL 2.56 % 439 439    
    MARKET METRICS BUILDOUT 1999-01-01 20,475 8,335 SL 2.56 % 22 22    
    FRANKS MARKET METRIC 1999-02-01 10,000 4,043 SL 2.56 % 11 11    
    MARKET METRICS BUILDOUT 1999-04-01 50,657 20,298 SL 2.56 % 54 54    
    NEW ROOF (BOC) HACK. ROOF 1999-06-28 47,445 18,798 SL 2.56 % 1,216 1,216    
    BUILDOUT MARKETING METRIC 1999-07-23 1,030 400 SL 2.56 % 1 1    
    NEW ROOF (BOC) HACK ROOF 1999-12-06 19,890 7,629 SL 2.56 % 510 510    
    COLLETTE CONT-DEMOLITION 2000-02-15 46,500 17,633 SL 2.56 % 1,192 1,192    
    PF REMEDIATION 2000-04-01 41,700 15,635 SL 2.56 % 1,069 1,069    
    ENVIRONMENTAL CLEANUP 2000-04-01 6,260 2,354 SL 2.56 % 161 161    
    FHM BLDG 3 2000-06-01 3,200 1,186 SL 2.56 % 82 82    
    ALI CARPET BLDG 3 2000-06-01 1,722 636 SL 2.56 % 44 44    
    MARKETING METRICS BLDG 3 2000-06-01 10,500 3,890 SL 2.56 % 11 11    
    BLDG OUT MARKET METRIC 2000-07-15 6,398 2,358 SL 2.56 % 7 7    
    BLDG OUT HOME SERVICES 2000-07-15 8,376 3,091 SL 2.56 % 9 9    
    BLDG OUT 3-214 2000-08-15 32,000 11,720 SL 2.56 % 34 34    
    BLDG OUT 3-214 2000-09-11 2,386 867 SL 2.56 % 3 3    
    MOOMJY ALLOW-BLDG 3 2001-05-27 248,815 86,401 SL 2.56 % 266 266    
    MOOMJY ALLOW-BLDG 3 2001-06-01 100,000 34,509 SL 2.56 % 107 107    
    MOOMJY ALLOW-BLDG 3 2001-07-15 36,577 12,546 SL 2.56 % 39 39    
    ROOF REPAIRS BLDG 3 2001-07-15 22,425 7,691 SL 2.56 % 575 575    
    MOOMJY ALLOW-BLDG 3 2001-11-16 49,381 16,511 SL 2.56 % 53 53    
    BLDG 3-SOUTH ENTRANCE 2001-11-05 4,046 1,356 SL 2.56 % 104 104    
    SOUTH ENTRANCE & ELEVATOR 2002-04-01 172,528 55,857 SL 2.56 % 4,424 4,424    
    Bergen Hydrolic-South Ent 2002-10-11 7,267 2,255 SL 2.56 % 186 186    
    Bergen Hydrolic-South Ent 2002-12-02 7,266 2,046 SL 2.56 % 186 186    
    Bldg 3-South entrance 2004-05-05 18,363 4,965 SL 2.56 % 471 471    
    Hooper Home Buildout 2005-02-28 6,000 1,508 SL 2.56 % 6 6    
    carpeting-verizon buildou 2006-02-15 5,880 4,998 SL 10.00 % 588 588    
    New roof-kinko's -Walzer 2006-10-13 73,500 62,475 SL 10.00 % 7,350 7,350    
    carpet allow-continental 2008-02-05 13,548 8,807 SL 10.00 % 678 678    
    Replace Parking Lot - PGA 2012-11-30 68,721 3,598 SL 2.56 % 1,762 1,762    
    Improvements-Boss Rabino 2012-12-21 120,625 6,062 SL 2.56 % 3,093 3,093    
    17 north-petsmart fit up 2013-03-14 180,660 7,918 SL 2.56 % 4,632 4,632    
    17 south SM meyers-paving 2013-10-31 249,935 24,994 SL 6.67 % 16,671 16,671    
    Hackensack Roofing 2014-10-31 385,000 1,236 SL 2.56 % 9,871 9,871    
    Paving 17 South-DS Meyer 2014-12-31 200,465   SL 2.46 % 4,933 4,933    
    HVAC 2 Units - Petsmart 2014-12-01 90,209   SL 2.46 % 2,220 2,220    

    TY 2014 ExplnOfNonFilingWithAGStmt
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Statement:
    NJ does not require submission

    TY 2014 LandEtcSchedule2
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 3,165   3,165  
    Furniture and Fixtures 82,750 82,642 108  
    Machinery and Equipment 51,666 50,972 694  
    Buildings 9,928,964 8,868,693 1,060,271 43,000,000
    Improvements 8,911,441 6,772,475 2,138,966  
    Land 7,827,576   7,827,576  
    Miscellaneous 6,422,241 4,141,134 2,281,107  


    TY 2014 LegalFeesSchedule
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal 94,579 0 0 0


    TY 2014 MortgagesAndNotesPayableSch
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Total Mortgage Amount: 13620015

    Item No. 1
    Lender's Name State Farm
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due  
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  


    TY 2014 OtherAssetsSchedule
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Deferred Grant- l/t 1,000,000 500,000 500,000


    TY 2014 OtherDecreasesSchedule
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Misc investment expense 60 60    
    Rental Expenses 2,663,438 2,663,438    


    TY 2014 OtherLiabilitiesSchedule
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Security Deposits 420,026  
    Rental Comm.- l/t 959,966  
    Security Deposits   350,978


    TY 2014 TaxesSchedule
    Name:
    EMIL BUEHLER PERPETUAL TRUST
    EIN: 22-6395303
    Software ID:14000265
    Software Version:2014v6.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Taxes-Excise 36,000      
    UBIT 250,000     250,000