Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
LANCY ALICE & LESLIE E FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)448 E 100 N
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HYDE PARK, UT843183406
A Employer identification number

25-1371367
B Telephone number (see instructions)

(412) 762-2950
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,625,494
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 79,598 79,598  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 234,187
b Gross sales price for all assets on line 6a 1,715,329
7 Capital gain net income (from Part IV, line 2)... 234,187
8 Net short-term capital gain......... 0
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........ 313,785 313,785  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... 7,968 0 0 7,968
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 32,277 32,277   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 3,296 172   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 43,541 32,449 0 7,968
25 Contributions, gifts, grants paid....... 181,103 181,103
26 Total expenses and disbursements. Add lines 24 and 25 224,644 32,449 0 189,071
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 89,141
b Net investment income (if negative, enter -0-) 281,336
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 87,642 590,101 590,101
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 1,364,229 Click to see attachment1,243,357 1,594,154
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).......... 1,523,921 Click to see attachment1,231,481 1,441,239
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,975,792 3,064,939 3,625,494
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 2,942,569 3,046,080
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 33,223 18,859
30 Total net assets or fund balances (see instructions)..... 2,975,792 3,064,939
31 Total liabilities and net assets/fund balances (see instructions). 2,975,792 3,064,939
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
2,975,792
2
Enter amount from Part I, line 27a .....................
2
89,141
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6
4
Add lines 1, 2, and 3 ..........................
4
3,064,939
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
3,064,939
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b) How acquired
P—Purchase
D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a 1. FANNIE MAE   2001-01-01 2015-01-06
b 80. DISCOVER FINANCIAL W/I   2014-10-01 2015-01-26
c 330. DISCOVER FINANCIAL W/I   2012-07-27 2015-01-26
d 1460. REGIONS FINANCIAL CORP   2013-07-03 2015-01-26
e 30. AETNA INC NEW   2013-05-31 2015-02-05
20. ALLSTATE CORP   2014-10-17 2015-02-05
40. ALTRIA GROUP INC   2013-05-17 2015-02-05
20. AMERICAN EXPRESS CO   2010-01-20 2015-02-05
10. AMERIPRISE FINANCIAL INC   2015-01-26 2015-02-05
10. AMGEN INC   2014-08-15 2015-02-05
40. APPLE INC   2013-10-23 2015-02-05
10. BERKSHIRE HATHAWAY INC CLASS B   2015-01-26 2015-02-05
10. BOEING CO   2012-08-06 2015-02-05
20. CIGNA CORP   2014-07-16 2015-02-05
20. CVS CAREMARK CORP   2013-02-22 2015-02-05
70. CISCO SYS INC COM   2014-06-27 2015-02-05
30. COMCAST CORPORATION CL A   2014-08-07 2015-02-05
20. CONOCOPHILLIPS   2014-08-15 2015-02-05
20. CONSTELLATION BRANDS INC CL A   2014-08-07 2015-02-05
20. DELTA AIR LINES INC   2013-07-26 2015-02-05
30. DISNEY WALT CO   2014-03-10 2015-02-05
20. DR PEPPER SNAPPLE GROUP INC   2014-10-17 2015-02-05
10. EASTMAN CHEM CO   2014-06-27 2015-02-05
20. EXXON MOBIL CORP   2014-11-18 2015-02-05
30. FOOT LOCKER INC   2014-04-11 2015-02-05
870. GENERAL ELEC CO COM   2010-09-15 2015-02-05
20. GILEAD SCIENCES INC COM   2014-08-07 2015-02-05
20. HCA HOLDINGS INC   2014-08-15 2015-02-05
20. HANESBRANDS INC - W/I   2014-03-17 2015-02-05
20. HOME DEPOT INC COM   2012-01-11 2015-02-05
30. J P MORGAN CHASE & CO COM   2014-10-01 2015-02-05
20. JOHNSON & JOHNSON COM   2011-09-12 2015-02-05
20. KROGER CO   2014-05-08 2015-02-05
30. LINCOLN NATIONAL CORP   2014-09-19 2015-02-05
10. MAGNA INTERNATIONAL ISIN CA5592224011   2014-01-09 2015-02-05
10. MCKESSON HBOC INC COMMN   2013-12-27 2015-02-05
1. MERCK & CO INC   2001-01-01 2015-02-05
10. MICROSOFT CORP   2000-10-17 2015-02-05
30. MICRON TECHNOLOGY INC   2014-10-01 2015-02-05
30. PACKAGING CORP OF AMERICA COM   2014-03-20 2015-02-05
30. PRINCIPAL FINANCIAL GROUP COM   2014-08-15 2015-02-05
30. PROCTER & GAMBLE CO   2012-11-21 2015-02-05
20. QUALCOMM   2011-02-24 2015-02-05
20. ST JUDE MEDICAL INC   2014-03-10 2015-02-05
20. SCHLUMBERGER LTD COM   2014-04-11 2015-02-05
40. SKYWORKS SOLUTIONS INC COM   2014-03-28 2015-02-05
40. SOUTHWEST AIRLINES COM   2014-06-27 2015-02-05
160. UNITED RENTALS INC COM   2014-09-12 2015-02-05
30. VERIZON COMMUNICATIONS COM   2013-05-17 2015-02-05
10. VISA INC CLASS A SHARES   2013-02-11 2015-02-05
30. WELLS FARGO & CO NEW COM   2009-08-06 2015-02-05
40. WISCONSIN ENERGY CORP   2009-11-17 2015-02-05
20. WYNDHAM WORLDWIDE CORP   2014-01-21 2015-02-05
30. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76   2014-09-19 2015-02-05
30. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-06-27 2015-02-05
10. CHECK POINT SOFTWARE COM   2014-08-29 2015-02-05
30. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2013-11-27 2015-02-05
20. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2014-08-15 2015-02-05
1. SCHERING-PLOUGH CORP   2001-01-01 2015-02-10
320. GILEAD SCIENCES INC COM   2014-05-28 2015-02-11
250. AMERICAN EXPRESS CO   2010-01-20 2015-02-18
40. BOEING CO   2012-08-06 2015-02-24
20. LOCKHEED MARTIN CORP   2013-11-25 2015-02-24
180. SOUTHWEST AIRLINES COM   2014-06-27 2015-02-24
180. EASTMAN CHEM CO   2014-06-27 2015-03-04
160. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3   2014-09-22 2015-03-04
1. AMERICAN INTERNATIONAL GROUP INC   2001-01-01 2015-03-17
180. EOG RES INC   2013-07-26 2015-03-19
100. SKYWORKS SOLUTIONS INC COM   2014-03-28 2015-03-27
90. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2013-11-27 2015-03-27
490. MICRON TECHNOLOGY INC   2014-10-01 2015-03-30
300. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2014-08-15 2015-04-27
360. PACKAGING CORP OF AMERICA COM   2014-03-20 2015-04-29
360. PROCTER & GAMBLE CO   2003-12-29 2015-05-05
40. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104   2014-12-22 2015-05-15
200. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104   2014-04-11 2015-05-15
440. DELTA AIR LINES INC   2013-07-26 2015-05-29
200. UNION PAC CORP COM   2010-09-15 2015-05-29
130. QUALCOMM   2015-03-27 2015-06-05
300. QUALCOMM   2011-02-24 2015-06-05
460. SOUTHWEST AIRLINES COM   2014-06-27 2015-06-17
80. AETNA INC NEW   2013-05-31 2015-07-15
60. CIGNA CORP   2014-07-16 2015-07-15
110. SKYWORKS SOLUTIONS INC COM   2014-03-28 2015-07-15
80. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2013-11-27 2015-07-15
234.155 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I   2014-12-10 2015-07-17
285.326 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I   2013-09-23 2015-07-17
43.305 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2014-12-10 2015-07-17
5612.094 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2011-03-03 2015-07-17
3131.397 PIMCO UNCONSTRAINED BOND FUND INSTITUTIONAL CLASS   2013-10-01 2015-07-17
110. 3M COMPANY COM   2015-03-19 2015-07-22
1. BAINS CAPITAL PARTNERS LLC   2001-01-01 2015-07-24
150. POLARIS INDS INC   2012-05-04 2015-07-28
920. HANESBRANDS INC - W/I   2014-03-17 2015-08-12
153. SKYWORKS SOLUTIONS INC COM   2014-03-28 2015-08-12
370. ALLSTATE CORP   2014-10-17 2015-08-14
350. CONOCOPHILLIPS   2013-09-23 2015-08-14
40. CONOCOPHILLIPS   2014-08-15 2015-08-14
150. BECTON DICKINSON & CO   2013-03-15 2015-08-21
61. CIGNA CORP   2014-07-16 2015-08-27
45. MCKESSON HBOC INC COMMN   2013-11-04 2015-08-27
170. BERKSHIRE HATHAWAY INC CLASS B   2015-01-26 2015-09-14
105. MCKESSON HBOC INC COMMN   2013-11-04 2015-09-15
75. CONSTELLATION BRANDS INC CL A   2014-05-28 2015-09-18
260. KROGER CO   2014-05-08 2015-09-18
5399.568 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I   2013-09-23 2015-10-07
7.128 TEMPLETON GLOBAL BOND FUND AD FUND   2014-12-17 2015-10-07
3117.666 TEMPLETON GLOBAL BOND FUND AD FUND   2012-05-04 2015-10-07
40. AETNA INC NEW   2013-05-31 2015-10-14
70. ALTRIA GROUP INC   2013-05-17 2015-10-14
20. AMERIPRISE FINANCIAL INC   2015-01-26 2015-10-14
40. AMGEN INC   2014-08-15 2015-10-14
100. APPLE INC   2013-10-16 2015-10-14
20. BOEING CO   2012-09-24 2015-10-14
29. CIGNA CORP   2014-07-16 2015-10-14
50. CVS CAREMARK CORP   2013-02-22 2015-10-14
30. CELANESE CORP-SERIES A   2015-07-15 2015-10-14
200. CISCO SYS INC COM   2015-03-27 2015-10-14
50. CINTAS CORP   2015-05-29 2015-10-14
80. COMCAST CORPORATION CL A   2014-08-07 2015-10-14
25. CONSTELLATION BRANDS INC CL A   2014-05-28 2015-10-14
60. DISNEY WALT CO   2014-03-10 2015-10-14
55. DOW CHEMICAL CO   2015-04-29 2015-10-14
50. DR PEPPER SNAPPLE GROUP INC   2015-05-05 2015-10-14
3272.658 EATON VANCE FLOATING RATE FUND CLASS I   2013-10-01 2015-10-14
34. EDWARDS LIFESCIENCES CORP   2015-06-05 2015-10-14
50. EXXON MOBIL CORP   2014-11-18 2015-10-14
50. FOOT LOCKER INC   2014-04-11 2015-10-14
20. GENERAL DYNAMICS CORP   2015-05-29 2015-10-14
100. GENERAL ELEC CO COM   2010-09-15 2015-10-14
19. GILEAD SCIENCES INC COM   2015-09-15 2015-10-14
19. GOLDMAN SACHS GROUP INC COM   2015-05-15 2015-10-14
50. HCA HOLDINGS INC   2014-08-15 2015-10-14
30. HOME DEPOT INC COM   2012-01-11 2015-10-14
44. HONEYWELL INTL INC   2015-07-22 2015-10-14
143. ISHARES TR RUSSELL MIDCAP VALUE INDEX FD   2014-10-17 2015-10-14
106. J P MORGAN CHASE & CO COM   2015-08-14 2015-10-14
40. JOHNSON & JOHNSON COM   2009-11-17 2015-10-14
110. KROGER CO   2014-05-08 2015-10-14
40. L BRANDS INC   2014-09-26 2015-10-14
23. LAM RESEARCH CORP   2015-06-05 2015-10-14
70. LINCOLN NATIONAL CORP   2014-09-19 2015-10-14
10. LOCKHEED MARTIN CORP   2013-11-25 2015-10-14
80. MAGNA INTERNATIONAL ISIN CA5592224011   2014-01-09 2015-10-14
3986.365 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I   2013-09-23 2015-10-14
50. MICROSOFT CORP   2000-10-17 2015-10-14
43. MONDELEZ INTERNATIONAL   2015-09-18 2015-10-14
32. NIKE INC CL B   2015-08-12 2015-10-14
14. NORTHROP GRUMMAN CORPORATION   2015-02-24 2015-10-14
15. O REILLY AUTOMOTIVE INC   2015-07-28 2015-10-14
30. PPG INDS INC COM   2015-03-04 2015-10-14
78. PRINCIPAL FINANCIAL GROUP COM   2015-08-14 2015-10-14
20. PUBLIC STORAGE INC   2015-09-14 2015-10-14
305.81 ROWE T PRICE MID-CAP GROWTH FD INC   2003-06-24 2015-10-14
30. ST JUDE MEDICAL INC   2014-03-10 2015-10-14
50. SCHLUMBERGER LTD COM   2013-11-04 2015-10-14
1000. SCHWAB INTERNATIONAL SMALL CAP EQUITY   2013-12-27 2015-10-14
17. SKYWORKS SOLUTIONS INC COM   2014-03-28 2015-10-14
20. SNAP-ON INC COM   2015-05-29 2015-10-14
43. STANLEY BLACK & DECKER INC   2015-07-22 2015-10-14
23. THERMO ELECTRON CORP COM   2015-08-21 2015-10-14
48. TOTAL FINA S A   2015-08-14 2015-10-14
20. TRACTOR SUPPLY CO COM   2015-04-27 2015-10-14
43. THE TRAVELERS COS INC   2015-08-14 2015-10-14
8. UNIVERSAL HEALTH SERVICES INC CLASS B   2015-08-27 2015-10-14
80. VERIZON COMMUNICATIONS COM   2013-05-17 2015-10-14
20. VISA INC CLASS A SHARES   2013-02-11 2015-10-14
50. VOYA FINL INC COM   2015-02-18 2015-10-14
80. WEC ENERGY GROUP INC   2009-11-17 2015-10-14
110. WELLS FARGO & CO NEW COM   2009-08-06 2015-10-14
40. WYNDHAM WORLDWIDE CORP   2013-03-25 2015-10-14
20. ACCENTURE PLC CLASS A ISIN IE00B4BNMY34 SEDOL B4BNMY3   2015-07-15 2015-10-14
100. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76   2014-09-19 2015-10-14
60. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-06-27 2015-10-14
40. CHECK POINT SOFTWARE COM   2014-08-29 2015-10-14
20. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2013-11-27 2015-10-14
72. DISNEY WALT CO   2014-03-10 2015-10-20
380. VOYA FINL INC COM   2015-02-18 2015-10-20
109. WYNDHAM WORLDWIDE CORP   2013-03-25 2015-10-20
360. HCA HOLDINGS INC   2014-08-07 2015-11-09
180. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2013-11-27 2015-11-09
107. AETNA INC NEW   2013-05-31 2015-11-16
41. CIGNA CORP   2014-07-16 2015-11-16
460. MAGNA INTERNATIONAL ISIN CA5592224011   2014-01-09 2015-11-16
44. SNAP-ON INC COM   2014-09-12 2015-11-18
60. SNAP-ON INC COM   2014-12-22 2015-11-18
1. BAINS CAPITAL PARTNERS LLC   2001-01-01 2015-11-20
230. ST JUDE MEDICAL INC   2014-03-10 2015-11-23
110. GOLDMAN SACHS GROUP INC COM   2015-05-15 2015-12-22
108. SIGNET JEWELERS LTD ISIN BMG812761002 SEDOL B3CTNK6   2015-11-16 2015-12-22
3075.109 FIDELITY ADVISOR FLOATING HIGH INCOME FUND I   2011-02-24 2015-12-23
2488.8 T ROWE PRICE REAL ESTATE FUND FD 122   2012-02-06 2015-12-23
107.074 VOYA REAL ESTATE FUND CLASS I   2015-12-18 2015-12-23
2271.714 VOYA REAL ESTATE FUND CLASS I   2012-05-04 2015-12-23
CAPITAL GAIN 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 76   25 51
b 4,503   5,094 -591
c 18,574   11,867 6,707
d 13,190   14,380 -1,190
e 2,910   1,853 1,057
1,412   1,209 203
2,155   1,492 663
1,694   852 842
1,326   1,303 23
1,517   1,324 193
4,804   3,018 1,786
1,486   1,491 -5
1,479   733 746
2,246   1,882 364
2,008   1,029 979
1,895   1,731 164
1,711   1,593 118
1,346   1,617 -271
2,255   1,680 575
915   429 486
3,071   2,459 612
1,558   1,257 301
739   866 -127
1,846   1,903 -57
1,645   1,335 310
21,273   16,841 4,432
1,961   1,864 97
1,386   1,356 30
2,281   1,487 794
2,168   869 1,299
1,703   1,800 -97
2,048   1,257 791
1,429   931 498
1,585   1,675 -90
995   816 179
2,155   1,619 536
97   25 72
425   255 170
877   1,007 -130
2,321   2,157 164
1,463   1,533 -70
2,591   2,044 547
1,339   1,150 189
1,355   1,331 24
1,720   1,946 -226
3,242   1,472 1,770
1,745   1,080 665
14,281   18,534 -4,253
1,429   1,599 -170
2,693   1,573 1,120
1,609   838 771
2,223   903 1,320
1,670   1,479 191
1,167   1,234 -67
2,058   1,845 213
777   708 69
2,362   1,268 1,094
1,506   1,253 253
997   25 972
32,137   26,772 5,365
19,944   10,647 9,297
6,175   2,932 3,243
4,123   2,826 1,297
8,116   4,860 3,256
13,317   15,579 -2,262
13,707   18,078 -4,371
679   25 654
15,972   13,133 2,839
9,740   3,681 6,059
8,854   3,805 5,049
13,009   16,440 -3,431
21,586   18,795 2,791
24,587   25,885 -1,298
28,810   17,875 10,935
4,338   4,613 -275
21,691   19,804 1,887
18,934   9,431 9,503
20,206   7,905 12,301
8,874   8,714 160
20,478   17,004 3,474
15,560   12,420 3,140
9,246   4,940 4,306
9,369   5,645 3,724
11,058   4,049 7,009
7,433   3,382 4,051
4,507   4,540 -33
5,493   5,329 164
461   472 -11
59,713   61,708 -1,995
35,134   35,133 1
17,088   18,177 -1,089
88   25 63
20,638   12,047 8,591
26,446   17,096 9,350
13,309   5,632 7,677
23,464   22,372 1,092
17,455   25,241 -7,786
1,995   3,234 -1,239
21,363   13,823 7,540
8,420   5,739 2,681
8,924   7,173 1,751
22,241   25,384 -3,143
21,002   16,736 4,266
9,652   6,275 3,377
9,582   6,053 3,529
100,000   100,702 -702
83   88 -5
36,227   40,538 -4,311
4,455   2,470 1,985
4,038   2,610 1,428
2,151   2,607 -456
5,914   5,296 618
11,004   7,412 3,592
2,760   1,392 1,368
3,994   2,728 1,266
5,030   2,572 2,458
1,900   2,085 -185
5,520   5,444 76
4,590   4,321 269
4,798   4,247 551
3,356   2,082 1,274
6,362   4,919 1,443
2,564   2,853 -289
4,170   3,782 388
28,407   29,912 -1,505
4,926   4,495 431
3,991   4,757 -766
3,444   2,225 1,219
2,820   2,806 14
2,752   1,631 1,121
1,881   2,120 -239
3,416   3,839 -423
3,809   3,391 418
3,592   1,303 2,289
4,357   4,620 -263
10,042   9,656 386
6,342   7,169 -827
3,780   2,503 1,277
3,984   2,561 1,423
3,812   2,733 1,079
1,532   1,923 -391
3,387   3,908 -521
2,113   1,413 700
3,988   3,263 725
74,266   74,346 -80
2,335   1,277 1,058
1,926   1,848 78
4,021   3,577 444
2,460   2,381 79
3,723   3,589 134
2,914   3,505 -591
3,762   4,492 -730
4,350   4,033 317
24,000   11,092 12,908
1,989   1,996 -7
3,692   4,792 -1,100
29,691   31,610 -1,919
1,300   626 674
3,216   3,111 105
4,261   4,584 -323
2,871   2,994 -123
2,454   2,360 94
1,673   1,814 -141
4,450   4,616 -166
1,018   1,123 -105
3,546   4,263 -717
1,474   786 688
1,956   2,184 -228
4,192   1,805 2,387
5,657   3,072 2,585
3,121   2,847 274
2,046   1,998 48
3,140   4,112 -972
3,691   3,689 2
3,146   2,833 313
1,737   845 892
7,907   5,903 2,004
15,277   16,600 -1,323
8,223   6,850 1,373
24,929   24,278 651
14,419   7,609 6,810
11,177   6,608 4,569
5,482   3,858 1,624
19,931   18,761 1,170
7,282   5,511 1,771
9,930   8,245 1,685
22   22  
14,456   15,301 -845
19,505   22,226 -2,721
12,602   14,910 -2,308
28,014   30,381 -2,367
68,193   50,000 18,193
2,192   2,179 13
46,502   39,699 6,803
      13,707
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       51
b       -591
c       6,707
d       -1,190
e       1,057
      203
      663
      842
      23
      193
      1,786
      -5
      746
      364
      979
      164
      118
      -271
      575
      486
      612
      301
      -127
      -57
      310
      4,432
      97
      30
      794
      1,299
      -97
      791
      498
      -90
      179
      536
      72
      170
      -130
      164
      -70
      547
      189
      24
      -226
      1,770
      665
      -4,253
      -170
      1,120
      771
      1,320
      191
      -67
      213
      69
      1,094
      253
      972
      5,365
      9,297
      3,243
      1,297
      3,256
      -2,262
      -4,371
      654
      2,839
      6,059
      5,049
      -3,431
      2,791
      -1,298
      10,935
      -275
      1,887
      9,503
      12,301
      160
      3,474
      3,140
      4,306
      3,724
      7,009
      4,051
      -33
      164
      -11
      -1,995
      1
      -1,089
      63
      8,591
      9,350
      7,677
      1,092
      -7,786
      -1,239
      7,540
      2,681
      1,751
      -3,143
      4,266
      3,377
      3,529
      -702
      -5
      -4,311
      1,985
      1,428
      -456
      618
      3,592
      1,368
      1,266
      2,458
      -185
      76
      269
      551
      1,274
      1,443
      -289
      388
      -1,505
      431
      -766
      1,219
      14
      1,121
      -239
      -423
      418
      2,289
      -263
      386
      -827
      1,277
      1,423
      1,079
      -391
      -521
      700
      725
      -80
      1,058
      78
      444
      79
      134
      -591
      -730
      317
      12,908
      -7
      -1,100
      -1,919
      674
      105
      -323
      -123
      94
      -141
      -166
      -105
      -717
      688
      -228
      2,387
      2,585
      274
      48
      -972
      2
      313
      892
      2,004
      -1,323
      1,373
      651
      6,810
      4,569
      1,624
      1,170
      1,771
      1,685
       
      -845
      -2,721
      -2,308
      -2,367
      18,193
      13
      6,803
       
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 2 234,187
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 163,699 3,686,462 0.044405
2013 152,623 3,404,646 0.044828
2012 151,292 3,174,198 0.047663
2011 131,776 3,109,791 0.042375
2010 28,729 2,785,579 0.010313
2
Total of line 1, column (d) .....................
20.189584
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
0.037917
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,774,555
5
Multiply line 4 by line 3......................
5
143,120
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,813
7
Add lines 5 and 6........................
7
145,933
8
Enter qualifying distributions from Part XII, line 4.............
8
189,071
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 2,813
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 2,813
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 2,813
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 3,220
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,220
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
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 10 407
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet407 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPNC BANK NA Telephone no.bullet (412) 762-2950

    Located atbullet620 LIBERTY AVENUEPITTSBURGHPA ZIP+4bullet15222
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    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 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DAVID F LANCY TRUSTEE
    3
    0    
    448 EAST 100 NORTH
    HYDE PARK,UT843180099
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,832,036
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,832,036
    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
    3,832,036
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    57,481
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,774,555
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    188,728
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    188,728
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,813
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,813
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    185,915
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    185,915
    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
    185,915
    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
    189,071
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    189,071
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    2,813
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    186,258
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2014
    (c)
    2014
    (d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 185,915
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 181,103
    b Total for prior years:2013, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 0
    b From 2011...... 0
    c From 2012...... 0
    d From 2013...... 0
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 189,071
    a Applied to 2014, but not more than line 2a 181,103
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2015 distributable amount..... 7,968
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    177,947
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2011.... 0
    b Excess from 2012.... 0
    c Excess from 2013.... 0
    d Excess from 2014.... 0
    e Excess from 2015.... 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JOSHUA PIE PNC BANK
    TWO PNC PLAZA 7TH FLOOR - 620 LIBER
    PITTSBURGH,PA15222
    (412) 768-7587
    bThe form in which applications should be submitted and information and materials they should include:
    A BROCHURE OF THE INSTITUTION, AUTHORITY, OR SCHOOL ORGANIZAED FOR CHARITABLE PURPOSES
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE, BUT AWARD SHOULD BE USED FOR EDUCATIONAL SERVICES
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    SEACOLOGY
    1623 SOLANO AVE
    BERKELEY,CA94707
    NONE PC GENERAL SUPPORT 181,103
    Total .................................bullet 3a 181,103
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........
             
    4 Dividends and interest from securities....     14 79,598  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property
             
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............
        18 234,187  
    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)..   313,785  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13313,785
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    LANCY ALICE & LESLIE E FDN
    EIN:
    25-1371367
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 1,243,357 1,594,154

    TY 2015 InvestmentsOtherSchedule2
    Name:
    LANCY ALICE & LESLIE E FDN
    EIN:
    25-1371367
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED INCOME AT COST 573,315 557,728
    MUTUAL FUNDS - EQUITIES AT COST 658,166 883,511

    TY 2015 LegalFeesSchedule
    Name:
    LANCY ALICE & LESLIE E FDN
    EIN:
    25-1371367
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 1,889     1,889
    LEGAL FEES - INCOME (ALLOCABLE 6,079     6,079


    TY 2015 OtherIncreasesSchedule
    Name:
    LANCY ALICE & LESLIE E FDN
    EIN:
    25-1371367
    Description Amount
    ROUNDING ADJ FOR SALES AND TRANSCTIONS 6


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    LANCY ALICE & LESLIE E FDN
    EIN:
    25-1371367
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC AGENT FOR TRUSTEE FEES 32,277 32,277    


    TY 2015 TaxesSchedule
    Name:
    LANCY ALICE & LESLIE E FDN
    EIN:
    25-1371367
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 172 172   0
    FEDERAL ESTIMATES - PRINCIPAL 3,124 0   0