TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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
PROCTOR PATTERSON FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PNC BANK NA PO BOX 94651
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CLEVELAND, OH441014651

A Employer identification number

30-6081504

B Telephone number (see instructions)

(412) 762-0861

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$12,803,815J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	288,308		288,308
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		603,366
b	Gross sales price for all assets on line 6a 3,817,394
7	Capital gain net income (from Part IV, line 2)...			603,366
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).......		18,050
12	Total. Add lines 1 through 11........	909,724		891,674
13	Compensation of officers, directors, trustees, etc.	91,671		45,835		45,836
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		16,405	605		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).......		51,039			51,039
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	159,115		46,440	0	96,875
25	Contributions, gifts, grants paid.......	984,272				984,272
26	Total expenses and disbursements. Add lines 24 and 25	1,143,387		46,440	0	1,081,147
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-233,663
b	Net investment income (if negative, enter -0-)			845,234
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	225,125	154,984	154,984
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	988,479	599,928	637,143
	b	Investments—corporate stock (attach schedule).......	4,615,317	4,824,782	6,159,958
	c	Investments—corporate bonds (attach schedule).......	651,983	650,997	683,671
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	4,659,280	4,675,842	5,168,059
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,140,184	10,906,533	12,803,815
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	11,296,166	11,130,705
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	-155,982	-224,172
	30	Total net assets or fund balances (see instructions).....	11,140,184	10,906,533
	31	Total liabilities and net assets/fund balances (see instructions).	11,140,184	10,906,533

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

11,140,184

Enter amount from Part I, line 27a .....................

-233,663

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

10,906,533

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

10,906,533

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	240. DISCOVER FINANCIAL W/I		2014-09-30	2015-01-23
c	1180. DISCOVER FINANCIAL W/I		2012-07-26	2015-01-23
d	2547. REGIONS FINANCIAL CORP			2015-01-23
e	2069. REGIONS FINANCIAL CORP		2013-07-01	2015-01-23
	394. REGIONS FINANCIAL CORP		2013-07-01	2015-01-23
	2790. GENERAL ELEC CO COM			2015-02-02
	540. UNITED RENTALS INC COM			2015-02-02
	816. GILEAD SCIENCES INC COM			2015-02-06
	334. GILEAD SCIENCES INC COM		2014-05-13	2015-02-06
	20. AMERICAN EXPRESS CO		2011-08-04	2015-02-17
	880. AMERICAN EXPRESS CO		2011-08-04	2015-02-17
	180. BOEING CO		2012-07-30	2015-02-19
	80. LOCKHEED MARTIN CORP		2013-11-25	2015-02-19
	650. SOUTHWEST AIRLINES COM		2014-06-05	2015-02-19
	300. EASTMAN CHEM CO		2014-06-04	2015-02-27
	44. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2014-09-19	2015-02-27
	516. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3			2015-02-27
	330. EASTMAN CHEM CO			2015-03-02
	610. EOG RES INC		2013-07-25	2015-03-17
	11. SKYWORKS SOLUTIONS INC COM		2014-03-20	2015-03-26
	339. SKYWORKS SOLUTIONS INC COM		2014-03-20	2015-03-26
	360. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-12-02	2015-03-26
	880. MICRON TECHNOLOGY INC		2014-09-30	2015-03-27
	860. MICRON TECHNOLOGY INC		2014-09-30	2015-03-27
	1. AMERICAN INTERNATIONAL GROUP INC		2001-01-01	2015-04-08
	400000. FEDERAL NATL MTG ASSN NTS SERIES $		2006-07-25	2015-04-15
	868. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868			2015-04-21
	222. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2014-08-12	2015-04-21
	992. PACKAGING CORP OF AMERICA COM			2015-04-28
	308. PACKAGING CORP OF AMERICA COM			2015-04-29
	1260. PROCTER & GAMBLE CO			2015-05-04
	379. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104		2014-04-10	2015-05-13
	130. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104			2015-05-13
	124. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104		2014-04-10	2015-05-14
	177. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104		2014-04-10	2015-05-14
	1550. DELTA AIR LINES INC			2015-05-26
	690. UNION PAC CORP COM		2011-08-04	2015-05-27
	450. QUALCOMM			2015-06-01
	1040. QUALCOMM		1999-10-19	2015-06-01
	60. QUALCOMM		1999-10-19	2015-06-01
	825. SOUTHWEST AIRLINES COM			2015-06-10
	340. SOUTHWEST AIRLINES COM		2014-06-05	2015-06-10
	455. SOUTHWEST AIRLINES COM		2014-06-05	2015-06-10
	50. AETNA INC NEW		2013-05-30	2015-06-17
	150. ALTRIA GROUP INC		2013-05-13	2015-06-17
	60. CVS CAREMARK CORP		2013-02-21	2015-06-17
	40. CONSTELLATION BRANDS INC CL A		2014-07-22	2015-06-17
	50. HCA HOLDINGS INC		2014-08-07	2015-06-17
	70. J P MORGAN CHASE & CO COM		2014-09-30	2015-06-17
	70. JOHNSON & JOHNSON COM		2011-08-04	2015-06-17
	290. AETNA INC NEW		2013-05-30	2015-07-10
	250. CIGNA CORP		2014-07-18	2015-07-10
	430. SKYWORKS SOLUTIONS INC COM			2015-07-13
	280. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7			2015-07-13
	380. 3M COMPANY COM		2015-03-17	2015-07-20
	1. BAINS CAPITAL PARTNERS LLC		2001-01-01	2015-07-24
	540. POLARIS INDS INC			2015-07-27
	1300. HANESBRANDS INC - W/I			2015-08-04
	610. HANESBRANDS INC - W/I		2014-03-13	2015-08-04
	500. SKYWORKS SOLUTIONS INC COM			2015-08-04
	327. HANESBRANDS INC - W/I		2014-03-13	2015-08-05
	375. HANESBRANDS INC - W/I		2014-03-13	2015-08-05
	788. HANESBRANDS INC - W/I			2015-08-05
	210. CONOCOPHILLIPS		2014-08-12	2015-08-12
	180. CONOCOPHILLIPS			2015-08-12
	1010. CONOCOPHILLIPS		2013-08-27	2015-08-12
	65. ALLSTATE CORP		2014-10-14	2015-08-13
	857. ALLSTATE CORP			2015-08-13
	398. ALLSTATE CORP		2014-10-13	2015-08-14
	530. BECTON DICKINSON & CO		2013-03-13	2015-08-20
	240. CIGNA CORP			2015-08-21
	170. MCKESSON HBOC INC COMMN		2013-10-29	2015-08-21
	310. BERKSHIRE HATHAWAY INC CLASS B			2015-09-03
	270. BERKSHIRE HATHAWAY INC CLASS B		2015-01-23	2015-09-04
	370. MCKESSON HBOC INC COMMN			2015-09-14
	260. CONSTELLATION BRANDS INC CL A			2015-09-15
	970. KROGER CO		2014-05-06	2015-09-15
	350. VOYA FINL INC COM		2015-02-18	2015-10-14
	350. DISNEY WALT CO		2014-02-20	2015-10-15
	989. VOYA FINL INC COM			2015-10-15
	231. VOYA FINL INC COM		2015-02-17	2015-10-15
	450. WYNDHAM WORLDWIDE CORP			2015-10-15
	471. HCA HOLDINGS INC			2015-10-26
	522. HCA HOLDINGS INC		2014-07-18	2015-10-27
	457. HCA HOLDINGS INC			2015-10-28
	699. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7			2015-11-02
	21. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-11-27	2015-11-02
	528. MAGNA INTERNATIONAL ISIN CA5592224011			2015-11-09
	694. MAGNA INTERNATIONAL ISIN CA5592224011			2015-11-10
	430. AETNA INC NEW			2015-11-11
	150. CIGNA CORP		2014-07-14	2015-11-11
	16. MAGNA INTERNATIONAL ISIN CA5592224011		2014-01-02	2015-11-11
	682. MAGNA INTERNATIONAL ISIN CA5592224011		2014-01-02	2015-11-11
	300. SNAP-ON INC COM			2015-11-16
	41. SNAP-ON INC COM		2014-09-12	2015-11-16
	39. SNAP-ON INC COM		2014-09-12	2015-11-17
	846. ST JUDE MEDICAL INC			2015-11-20
	104. ST JUDE MEDICAL INC		2014-02-21	2015-11-20
	1. BAINS CAPITAL PARTNERS LLC		2001-01-01	2015-11-20
	50. SIGNET JEWELERS LTD ISIN BMG812761002 SEDOL B3CTNK6		2015-11-10	2015-12-16
	246. SIGNET JEWELERS LTD ISIN BMG812761002 SEDOL B3CTNK6		2015-11-10	2015-12-16
	37. SIGNET JEWELERS LTD ISIN BMG812761002 SEDOL B3CTNK6			2015-12-16
	10. SIGNET JEWELERS LTD ISIN BMG812761002 SEDOL B3CTNK6		2015-11-09	2015-12-17
	117. SIGNET JEWELERS LTD ISIN BMG812761002 SEDOL B3CTNK6		2015-11-09	2015-12-17
	450. GOLDMAN SACHS GROUP INC COM		2015-05-13	2015-12-18
	30. AETNA INC NEW		2013-05-31	2015-12-22
	40. ALASKA AIR GROUP INC		2015-11-17	2015-12-22
	10. ALPHABET INC/CA-CL A		2015-11-02	2015-12-22
	100. ALTRIA GROUP INC		2013-05-13	2015-12-22
	50. AMERICAN ELECTRIC POWER INC		2015-10-15	2015-12-22
	20. AMERIPRISE FINANCIAL INC		2015-01-26	2015-12-22
	40. AMGEN INC		2014-08-07	2015-12-22
	140. APPLE INC		2013-10-21	2015-12-22
	20. BOEING CO		2012-07-30	2015-12-22
	20. CIGNA CORP		2014-07-11	2015-12-22
	60. CVS CAREMARK CORP		2013-02-21	2015-12-22
	60. CELANESE CORP-SERIES A		2015-10-26	2015-12-22
	290. CISCO SYS INC COM			2015-12-22
	60. CINTAS CORP		2015-05-26	2015-12-22
	110. COMCAST CORPORATION CL A			2015-12-22
	40. CONSTELLATION BRANDS INC CL A		2014-05-16	2015-12-22
	110. D R HORTON INC		2015-10-16	2015-12-22
	60. DISNEY WALT CO			2015-12-22
	90. DOW CHEMICAL CO		2015-04-29	2015-12-22
	70. DR PEPPER SNAPPLE GROUP INC		2015-05-04	2015-12-22
	80. EDWARDS LIFESCIENCES CORP		2015-02-06	2015-12-22
	70. EXXON MOBIL CORP		2014-11-17	2015-12-22
	70. FOOT LOCKER INC		2014-04-02	2015-12-22
	30. GENERAL DYNAMICS CORP		2015-06-01	2015-12-22
	140. GENERAL ELEC CO COM		2012-09-21	2015-12-22
	30. GILEAD SCIENCES INC COM		2015-09-14	2015-12-22
	50. HOME DEPOT INC COM		2015-11-09	2015-12-22
	60. HONEYWELL INTL INC		2015-07-20	2015-12-22
	140. J P MORGAN CHASE & CO COM		2015-08-13	2015-12-22
	60. JOHNSON & JOHNSON COM		2011-08-04	2015-12-22
	160. KROGER CO		2014-05-06	2015-12-22
	50. L BRANDS INC		2014-09-25	2015-12-22
	60. LAM RESEARCH CORP		2015-06-01	2015-12-22
	100. LINCOLN NATIONAL CORP		2014-09-12	2015-12-22
	20. LOCKHEED MARTIN CORP		2013-11-25	2015-12-22
	100. MICROSOFT CORP		2015-12-18	2015-12-22
	70. MONDELEZ INTERNATIONAL		2015-09-15	2015-12-22
	40. NIKE INC CL B		2015-08-04	2015-12-22
	40. NORTHROP GRUMMAN CORPORATION		2015-02-20	2015-12-22
	20. O REILLY AUTOMOTIVE INC		2015-12-16	2015-12-22
	40. PPG INDS INC COM		2015-03-02	2015-12-22
	210. PFIZER INC COM		2015-10-27	2015-12-22
	120. PRINCIPAL FINANCIAL GROUP COM		2015-08-13	2015-12-22
	20. PUBLIC STORAGE INC		2015-09-03	2015-12-22
	80. SCHLUMBERGER LTD COM		2014-03-31	2015-12-22
	30. SKYWORKS SOLUTIONS INC COM		2014-03-21	2015-12-22
	20. SNAP-ON INC COM		2014-09-12	2015-12-22
	40. STANLEY BLACK & DECKER INC		2015-07-20	2015-12-22
	80. TEXAS INSTRS INC COM		2015-11-11	2015-12-22
	30. THERMO ELECTRON CORP COM		2015-08-20	2015-12-22
	70. TOTAL FINA S A		2015-08-12	2015-12-22
	50. TRACTOR SUPPLY CO COM		2015-04-21	2015-12-22
	60. THE TRAVELERS COS INC		2015-08-13	2015-12-22
	20. UNIVERSAL HEALTH SERVICES INC CLASS B		2015-08-21	2015-12-22
	120. VERIZON COMMUNICATIONS COM		2013-05-15	2015-12-22
	60. VISA INC CLASS A SHARES		2013-02-08	2015-12-22
	100. WEC ENERGY GROUP INC		2011-08-04	2015-12-22
	140. WELLS FARGO & CO NEW COM		2002-02-08	2015-12-22
	50. WYNDHAM WORLDWIDE CORP		2015-12-16	2015-12-22
	40. ACCENTURE PLC CLASS A ISIN IE00B4BNMY34 SEDOL B4BNMY3		2015-07-13	2015-12-22
	130. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2014-09-12	2015-12-22
	80. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2014-06-25	2015-12-22
	40. CHECK POINT SOFTWARE COM		2014-08-29	2015-12-22
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	156	25	131
b	13,612	15,473	-1,861
c	66,927	41,741	25,186
d	22,875	24,990	-2,115
e	18,741	20,230	-1,489
	3,561	3,852	-291
	67,002	65,117	1,885
	45,325	62,671	-17,346
	80,055	67,382	12,673
	33,337	26,860	6,477
	1,577	942	635
	69,381	41,449	27,932
	27,671	13,449	14,222
	16,091	11,339	4,752
	28,524	17,761	10,763
	22,427	27,060	-4,633
	3,812	5,026	-1,214
	44,589	58,470	-13,881
	24,700	29,600	-4,900
	53,015	44,771	8,244
	1,007	430	577
	31,294	13,249	18,045
	35,250	15,356	19,894
	23,017	30,296	-7,279
	22,710	29,608	-6,898
	224	25	199
	400,000	387,746	12,254
	63,868	53,529	10,339
	16,353	13,518	2,835
	67,879	71,103	-3,224
	20,948	21,876	-928
	101,319	71,382	29,937
	40,643	37,583	3,060
	13,941	14,807	-866
	13,389	12,296	1,093
	19,091	17,552	1,539
	64,954	33,032	31,922
	70,796	32,740	38,056
	31,259	30,265	994
	72,243	26,683	45,560
	4,187	1,539	2,648
	28,433	22,535	5,898
	11,830	9,283	2,547
	15,808	12,423	3,385
	6,192	3,128	3,064
	7,302	5,548	1,754
	6,237	3,112	3,125
	4,770	3,507	1,263
	4,222	3,380	842
	4,780	4,227	553
	6,926	4,381	2,545
	32,859	18,144	14,715
	39,118	24,054	15,064
	43,127	16,756	26,371
	25,647	11,935	13,712
	59,776	62,402	-2,626
	362	25	337
	73,651	44,510	29,141
	37,938	24,099	13,839
	17,857	11,255	6,602
	43,972	19,216	24,756
	9,487	6,033	3,454
	10,901	6,919	3,982
	22,808	14,510	8,298
	10,779	16,886	-6,107
	9,239	14,027	-4,788
	52,110	66,946	-14,836
	4,142	4,015	127
	54,517	52,907	1,610
	25,303	24,522	781
	76,556	48,080	28,476
	34,452	22,806	11,646
	34,830	26,372	8,458
	40,999	46,515	-5,516
	34,927	40,349	-5,422
	72,612	56,820	15,792
	33,432	22,464	10,968
	36,003	22,513	13,490
	13,611	15,267	-1,656
	37,392	27,717	9,675
	38,477	42,821	-4,344
	8,955	9,934	-979
	33,009	29,210	3,799
	32,727	31,620	1,107
	36,141	32,473	3,668
	31,297	28,167	3,130
	53,642	29,559	24,083
	1,649	883	766
	25,093	21,533	3,560
	32,330	28,080	4,250
	45,412	26,655	18,757
	19,873	14,218	5,655
	747	645	102
	31,268	27,513	3,755
	49,797	41,766	8,031
	6,806	5,144	1,662
	6,430	4,893	1,537
	52,374	57,311	-4,937
	6,510	7,038	-528
	89	25	64
	5,915	7,444	-1,529
	28,806	36,626	-7,820
	4,374	5,421	-1,047
	1,169	1,462	-293
	13,706	17,108	-3,402
	79,267	90,560	-11,293
	3,254	1,851	1,403
	3,221	3,138	83
	7,640	7,441	199
	5,740	3,698	2,042
	2,834	2,931	-97
	2,125	2,609	-484
	6,462	5,052	1,410
	15,054	10,441	4,613
	2,831	1,494	1,337
	2,893	1,865	1,028
	5,863	3,112	2,751
	3,947	4,192	-245
	7,733	7,889	-156
	5,435	5,142	293
	6,267	6,022	245
	5,631	3,288	2,343
	3,490	3,300	190
	6,384	4,643	1,741
	4,648	4,659	-11
	6,488	5,333	1,155
	6,312	5,368	944
	5,441	6,651	-1,210
	4,632	3,363	1,269
	4,170	4,217	-47
	4,262	3,170	1,092
	3,095	3,279	-184
	6,564	6,204	360
	6,186	6,371	-185
	9,170	9,473	-303
	6,128	3,755	2,373
	6,694	3,714	2,980
	4,795	3,394	1,401
	4,775	5,005	-230
	4,958	5,480	-522
	4,331	2,835	1,496
	5,508	5,485	23
	3,110	3,005	105
	5,229	2,403	2,826
	7,533	6,856	677
	5,068	5,123	-55
	3,934	4,740	-806
	6,833	7,354	-521
	5,344	6,835	-1,491
	5,005	4,064	941
	5,543	7,813	-2,270
	2,315	1,153	1,162
	3,375	2,509	866
	4,203	4,319	-116
	4,433	4,630	-197
	4,162	3,990	172
	3,125	3,549	-424
	4,251	4,524	-273
	6,713	6,433	280
	2,342	2,817	-475
	5,539	6,417	-878
	4,618	2,363	2,255
	5,034	2,958	2,076
	7,572	3,069	4,503
	3,566	3,689	-123
	4,139	4,025	114
	4,096	5,300	-1,204
	5,128	4,878	250
	3,312	2,828	484
			8,391

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			131
b			-1,861
c			25,186
d			-2,115
e			-1,489
			-291
			1,885
			-17,346
			12,673
			6,477
			635
			27,932
			14,222
			4,752
			10,763
			-4,633
			-1,214
			-13,881
			-4,900
			8,244
			577
			18,045
			19,894
			-7,279
			-6,898
			199
			12,254
			10,339
			2,835
			-3,224
			-928
			29,937
			3,060
			-866
			1,093
			1,539
			31,922
			38,056
			994
			45,560
			2,648
			5,898
			2,547
			3,385
			3,064
			1,754
			3,125
			1,263
			842
			553
			2,545
			14,715
			15,064
			26,371
			13,712
			-2,626
			337
			29,141
			13,839
			6,602
			24,756
			3,454
			3,982
			8,298
			-6,107
			-4,788
			-14,836
			127
			1,610
			781
			28,476
			11,646
			8,458
			-5,516
			-5,422
			15,792
			10,968
			13,490
			-1,656
			9,675
			-4,344
			-979
			3,799
			1,107
			3,668
			3,130
			24,083
			766
			3,560
			4,250
			18,757
			5,655
			102
			3,755
			8,031
			1,662
			1,537
			-4,937
			-528
			64
			-1,529
			-7,820
			-1,047
			-293
			-3,402
			-11,293
			1,403
			83
			199
			2,042
			-97
			-484
			1,410
			4,613
			1,337
			1,028
			2,751
			-245
			-156
			293
			245
			2,343
			190
			1,741
			-11
			1,155
			944
			-1,210
			1,269
			-47
			1,092
			-184
			360
			-185
			-303
			2,373
			2,980
			1,401
			-230
			-522
			1,496
			23
			105
			2,826
			677
			-55
			-806
			-521
			-1,491
			941
			-2,270
			1,162
			866
			-116
			-197
			172
			-424
			-273
			280
			-475
			-878
			2,255
			2,076
			4,503
			-123
			114
			-1,204
			250
			484

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	603,366
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 ...................		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? Yes No

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	1,063,573	13,551,728	0.078482
2013	1,091,193	13,109,815	0.083235
2012	1,075,640	12,803,028	0.084015
2011	1,114,207	13,087,147	0.085138
2010	1,109,669	12,829,551	0.086493

Total of line 1, column (d) .....................

20.417363

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 . . .

0.083473

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

13,360,197

Multiply line 4 by line 3......................

1,115,216

Enter 1% of net investment income (1% of Part I, line 27b)...........

8,452

Add lines 5 and 6........................

1,123,668

Enter qualifying distributions from Part XII, line 4.............

1,081,147

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)

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	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	16,905
	hereand 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	16,905
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	16,905
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	16,086
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	16,086
8	Enter any penalty for underpayment of estimated tax. Check hereif 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.......		9	819
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

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.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 762-0861

Located at bullet

620 LIBERTY AVENUEPITTSBURGHPA ZIP+4 bullet

15222

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
PNC BANK NA	TRUSTEE 18	91,671
PO BOX 94651 CLEVELAND,OH441014651	TRUSTEE 18	91,671

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...................				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............. 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	ISSUED SCHOLARSHIPS TO 28 STUDENTS FOR STUDY AT VARIOUS INST	208,300
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)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

13,563,652

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

13,563,652

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

13,563,652

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

203,455

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

13,360,197

Minimum investment return. Enter 5% of line 5..................

668,010

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

668,010

Tax on investment income for 2015 from Part VI, line 5......

16,905

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

16,905

Distributable amount before adjustments. Subtract line 2c from line 1............

651,105

Recoveries of amounts treated as qualifying distributions................

18,050

Add lines 3 and 4............................

669,155

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

669,155

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,081,147

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,081,147

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,081,147

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)

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					669,155
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				0
b Total for prior years:2013, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	470,698
b From 2011......	483,704
c From 2012......	450,757
d From 2013......	438,425
e From 2014......	379,732
fTotal of lines 3a through e........		2,223,316
4Qualifying distributions for 2015 from Part
XII, line 4: $ 1,081,147
a Applied to 2014, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2015 distributable amount.....					669,155
e Remaining amount distributed out of corpus		411,992
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		2,635,308
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...		470,698
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		2,164,610
10 Analysis of line 9:
a Excess from 2011....	483,704
b Excess from 2012....	450,757
c Excess from 2013....	438,425
d Excess from 2014....	379,732
e Excess from 2015....	411,992

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

KEVIN MCMANAMON
1900 E NINTH ST B7-YB13-13-2
CLEVELAND,OH44114
(216) 222-5853

bThe form in which applications should be submitted and information and materials they should include:

APPLICATION AVAILABLE UPON REQUEST

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

N/A

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
MEDICARE REIMB FOR THE RELIEF OF THE POOR DISTRESSED OR UNDERPRIVILEGED PNC BANK PO BOX 94651 CLEVELAND,OH44101	NONE	I	MEDICARE REIMBURSEMENT FOR	526,336
ASSISTANCE TO THE POOR DISTRESSED OR UNDERPRIVILEGED PER GOV DOCUMENT PNC BANK PO BOX 94651 CLEVELAND,OH44101	NONE	I	SUPPORT FOR NEED AND	249,636
HILBERT COLLEGE 5200 SOUTH PARK AVENUE HAMBURG,NY14075	NONE	PC	SCHOLARSHIP FOR 1 STUDENT	8,000
BROCK UNIVERSITY 500 GLENRIDGE AVENUE ST CATHARINES,ONTARIO CA	NONE	PC	SCHOLARSHIP	6,500
CALIFORNIA UNIVERSITY OF PENNSYLVANIA 250 UNIVERSITY AVENUE CALIFORNIA,PA15419	NONE	PC	GENERAL SUPPORT	16,000
SAN JACINTO COMMUNITY COLLEGE 8060 SPENCER HWY PASADENA,TX77505	NONE	PC	SCHOLARSHIP	2,900
CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVE CLEVELAND,OH44106	NONE	PC	SCHOLARSHIP	8,000
CENTRAL MICHIGAN UNIVERSITY 1200 S FRANKLIN STREET MT PLEASANT,MI48859	NONE	PC	SCHOLARSHIPS	16,000
CITADEL MILITARY COLLEGE OF SC 171 MOULTRIE ST CHARLESTOWN,SC29409	NONE	PC	SCHOLARSHIP	16,000
CLEMSON UNIVERSITY CLEMSON UNIVERSITY CLEMSON,SC29634	NONE	PC	SCHOLARSHIP	8,000
CLEVELAND STATE UNIVERSITY 2121 EUCLID AVENUE CLEVELAND,OH44115	NONE	PC	SCHOLARSHIP	8,000
COLLEGE OF CHARLESTON 66 GEORGE STREET CHARLESTON,SC29424	NONE	PC	SCHOLARSHIP	8,000
INDIANA UNIVERSITY 107 S INDIANA AVE BLOOMINGTON,IN47405	NONE	PC	SCHOLARSHIP	8,000
GROVE CITY COLLEGE 100 CAMPUS DRIVE GROVE CITY,PA16127	NONE	PC	SCHOLARSHIP	8,000
JOHN CARROLL UNIVERSITY 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS,OH44118	NONE	PC	SCHOLARSHIP	8,000
CENTRAL PIEDMONT COMMUNITY COLLEGE 1201 ELIZABETH AVE CHARLOTTE,NC28235	NONE	PC	SCHOLARSHIP	4,000
LAKELAND COMMUNITY COLLEGE 7700 CLOCKTOWER DRIVE KIRTLAND,OH44094	NONE	PC	SCHOLARSHIP	4,500
MEDAILLE COLLEGE 18 AGASSIZ CIR BUFFALO,NY14214	NONE	PC	SCHOLARSHIP	8,000
MICHIGAN STATE UNIVERSITY 220 TROWBRIDGE ROAD EAST LANSING,MI48824	NONE	PC	SCHOLARSHIP	8,000
NORTH CAROLINA STATE UNIVERSITY NORTH CAROLINA STATE UNIVERSITY RALEIGH,NC27607	NONE	PC	SCHOLARSHIP	23,500
UNIVERSITY OF AKRON 302 E BUCHTEL AVE AKRON,OH44325	NONE	PC	SCHOLARSHIP	8,000
UNIVERSITY OF GUELPH 50 STATE RD E GUELPH,ONTARION1G 2W1 CA	NONE	PC	SCHOLARSHIP	6,900
UNIVERSITY OF SOUTH CAROLINA UNIVERSITY OF SOUTH CAROLINA COLUMBIA,SC29208	NONE	PC	SCHOLARSHIPS	24,000
Total ................................. 3a				984,272

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
aRECOVERY OF GRANTS					18,050
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	288,308
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	603,366
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)..				891,674	18,050

13Total. Add line 12, columns (b), (d), and (e)..................

13909,724

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
1A	RECOVERY OF PRIOR YEAR GRANTS PAID

Form 990-PF (2015)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2015 ExplnOfNonFilingWithAGStmt

Name:

PROCTOR PATTERSON FOUNDATION

EIN:

30-6081504

Statement:

THIS TRUST DOES NOT PROVIDE A COPY OF FORM 990-PF TO THE OHIO ATTORNEY GENERAL BECAUSE, IN LIEU THEREOF, IT IS REQUIRED TO FILE AN ON-LINE ANNUAL REPORT WITH THE OHIO ATTORNEY GENERAL'S OFFICE AT www .ohioattorneygeneral.gov

- TIN:

TY 2015 InvestmentsOtherSchedule2

Name:

PROCTOR PATTERSON FOUNDATION

EIN:

30-6081504

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED INCOME	AT COST	3,089,187	2,931,730
MUTUAL FUNDS - EQUITIES	AT COST	1,586,655	2,236,329

- TIN:

TY 2015 OtherExpensesSchedule

Name:

PROCTOR PATTERSON FOUNDATION

EIN:

30-6081504

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	38,089	38,089
STATE FILING FEES	200	200
OFFICE EXPENSES	12,750	12,750

- TIN:

TY 2015 OtherIncomeSchedule2

Name:

PROCTOR PATTERSON FOUNDATION

EIN:

30-6081504

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
RECOVERY OF GRANTS	18,050	0

- TIN:

TY 2015 OtherIncreasesSchedule

Name:

PROCTOR PATTERSON FOUNDATION

EIN:

30-6081504

Description	Amount
ROUNDING ADJ FOR SALES AND TRANSACTIONS	12

- TIN:

TY 2015 TaxesSchedule

Name:

PROCTOR PATTERSON FOUNDATION

EIN:

30-6081504

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	605	605		0
FEDERAL ESTIMATES - PRINCIPAL	15,800	0		0