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
DOW JONES NEWS FUND INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PRINCETON, NJ085430300
A Employer identification number

13-6021439
B Telephone number (see instructions)

(609) 520-5928
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$326,488J 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) 429,012
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 16,935 135 16,800
12 Total. Add lines 1 through 11........ 445,947 135 16,800
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,500 0 0 7,500
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 9,418 0 0 9,418
22 Printing and publications.......... 6,200 0 0 6,200
23 Other expenses (attach schedule)....... Click to see attachment 110,974 0 9,000 101,974
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 134,092 0 9,000 125,092
25 Contributions, gifts, grants paid....... 404,943 404,943
26 Total expenses and disbursements. Add lines 24 and 25 539,035 0 9,000 530,035
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -93,088
b Net investment income (if negative, enter -0-) 135
c Adjusted net income (if negative, enter -0-)... 7,800
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............. 418,076 324,988 324,988
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 1,500 1,500 1,500
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis 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) 419,576 326,488 326,488
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 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 419,576 326,488
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 419,576 326,488
31 Total liabilities and net assets/fund balances (see instructions). 419,576 326,488
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
419,576
2
Enter amount from Part I, line 27a .....................
2
-93,088
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
326,488
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
326,488
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 453,144 178,275 2.541826
2013 548,149 70,297 7.797616
2012 445,482 28,095 15.856273
2011 470,778 35,135 13.399118
2010 490,766 92,323 5.315750
2
Total of line 1, column (d) .....................
244.910583
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
8.982117
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
163,184
5
Multiply line 4 by line 3......................
5
1,465,738
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1
7
Add lines 5 and 6........................
7
1,465,739
8
Enter qualifying distributions from Part XII, line 4.............
8
530,035
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 3
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 3
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 3
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 3
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ, DE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbulletWWW.NEWSFUND.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (609) 520-5928

    Located atbullet4300 RTE 1 NORTHSOUTH BRUNSWICKNJ ZIP+4bullet08852
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    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
    RICHARD J LEVINE PRESIDENT
    13.00     		0 0 0
    PO BOX 300
    PRINCETON,NJ08543
    DONNEL E CARTER DIRECTOR
    1.00     		0 0 0
    PO BOX 30625
    SEA ISLAND,GA31561
    ROBIN GIBSON SAWYER SECRETARY
    1.00     		0 0 0
    PO BOX 1292
    MANTEO,NC27954
    THOMAS E ENGLEMAN DIRECTOR
    1.00     		0 0 0
    284 WESTMINSTER LANE
    SOUDERTON,PA18964
    LAURENCE G O'DONNELL DIRECTOR
    1.00     		0 0 0
    PO BOX 5113
    RIDGEWOOD,NJ07451
    RUSSELL G TODD DIRECTOR
    1.00     		0 0 0
    1402 NORTHWOOD RD
    AUSTIN,TX78712
    REGINALD OWENS DIRECTOR
    1.00     		0 0 0
    LOUISIANA TECH U PO BOX 10258
    RUSTON,LA71272
    KEN HERTS DIRECTOR
    1.00     		0 0 0
    PO BOX 300
    PRINCETON,NJ08543
    DIANA MITSU KLOS DIRECTOR
    1.00     		0 0 0
    45425 PERSIMMON LANE
    STERLING,VA20165
    NEAL LIPSCHUTZ DIRECTOR
    1.00     		0 0 0
    1211 AVENUE OF THE AMERICAS
    NEW YORK,NY10036
    MARK H JACKSON DIRECTOR
    1.00     		0 0 0
    1211 AVENUE OF THE AMERICAS
    NEW YORK,NY10036
    LINDA SHOCKLEY MANAGING DIRECTOR
    40.00     		0 0 0
    PO BOX 300
    PRINCETON,NJ08543
    DIANE COHN FINANCE MANAGER
    40.00     		0 0 0
    PO BOX 300
    PRINCETON,NJ08543
    PAMELA FISHER DIRECTOR
    1.00     		0 0 0
    1211 AVENUE OF THE AMERICAS
    NEW YORK,NY10036
    PAUL SCHMIDT TREASURER
    2.00     		0 0 0
    20 WESTPORT RD 1ST FL
    WILTON,CT06897
    RICHARD S HOLDEN DIRECTOR
    1.00     		0 0 0
    PO BOX 300
    PRINCETON,NJ08543
    HEATHER TAYLOR DIGITAL MEDIA MANAGER
    40.00     		0 0 0
    PO BOX 300
    PRINCETON,NJ08543
    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 PUBLISHES A FREE NEWSPAPER PROVIDING INFORMATION FOR JOURNALISM TEACHERS AND MEDIA ADVISORS TO ASSIST STUDENTS ADDRESS CURRENT JOURNALISM ISSUES. 13,291
    2 A WEBSITE DEDICATED TO PROVIDING JOURNALISM CAREER INFORMATION. 0
    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.........................bullet0
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    164,169
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,500
    d
    Total (add lines 1a, b, and c).........................
    1d
    165,669
    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
    165,669
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,485
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    163,184
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    8,159
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    8,159
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    3
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    8,156
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    8,156
    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
    8,156
    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
    530,035
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    530,035
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    530,035
    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 8,156
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 486,150
    b From 2011...... 469,111
    c From 2012...... 444,107
    d From 2013...... 544,638
    e From 2014...... 444,268
    fTotal of lines 3a through e........ 2,388,274
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 530,035
    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..... 8,156
    e Remaining amount distributed out of corpus 521,879
    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 2,910,153
    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) ...     		486,150
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		2,424,003
    10 Analysis of line 9:
    a Excess from 2011.... 469,111
    b Excess from 2012.... 444,107
    c Excess from 2013.... 544,638
    d Excess from 2014.... 444,268
    e Excess from 2015.... 521,879
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    JENNA WILSON
    40 DONCASTER ROAD
    CHERRY HILL,NJ08003     		NONE N/A COLLEGE SCHOLARSHIP 500
    GABRIELLA MONICO
    20815 ALVES DRIVE
    CUPERTINO,CA95014     		NONE N/A COLLEGE SCHOLARSHIP 500
    TARA HAWKINS
    12213 SUNNY TERRACE
    KIRKWOOD,MO63122     		NONE N/A COLLEGE SCHOLARSHIP 500
    LINDSAY PUGH
    18432 OAK RIDGE LANE
    DISPUTANTA,VA23842     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    HANNAH MARTIN
    125 THOMAS BOYD HALL
    BATON ROUGE,LA70803     		NONE N/A COLLEGE SCHOLARSHIP 500
    JUSTIN MOODY
    4 COUNTY ROAD 2315
    LAUREL,MS39443     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    AUBREY R HOFFMAN
    22700 SW 179 PLACE
    MIAMI,FL33170     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    KENNEDY HUFF
    304 MILTON COVE
    PFLUGERVILLE,TX78660     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ASU FOUNDATION
    300 E UNIVERSITY DR
    TEMPE,AZ85281     		N/A TAX-EXEMPT ORGANIZAT TO FUND JOURNALISM WORKSHOPS 6,000
    ARIZONA STATE UNIVERSITY
    555 N CENTRAL AVE
    PHOENIX,AZ85004     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 24,000
    TERESA CHEN
    1466 74TH ST
    BROOKLYN,NY11228     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    RAEGAN JOHNSON
    19572 MORRIS POND ROAD
    GULFPORT,MS39503     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    RYAN WEBER
    3636 16TH ST NW APT A1262
    WASHINGTON,DC20010     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    DANIELLA ABINUM
    5621 NW 105TH ST
    DORAL,FL33178     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MANUEL D ARAVJO
    7942 CARAMIE AVE
    WINNETKA,CA91306     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    SONIA A KASSAM
    6415 N SHERIDAN RD APT 801
    CHICAGO,IL60626     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MEG GARNER
    180 N LAKES DR
    WHITEVILLE,NC28472     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MADELINE BILIS
    37 SAWMILL RD
    DUDLEY,MA01571     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    TYLER A DAVIS
    910 W STOUGHTON ST
    URBANA,IL61801     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    EMILY DREHER
    1849 WASHINGTON AVE S APT 310
    MINNEAPOLIS,MN55454     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    SAMANTHA INCORVANA
    1175 W FIR TREE RD
    SAN TAN VALLEY,AZ85140     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    JOE GUSZKOWSKI
    10123 W NASH ST
    WAUWATOSA,WI53222     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ZOE SAGALOW
    12305 GUNNERFIELD PLACE
    GERMANTOWN,MD20874     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    PATRICIA MADEJ
    370 PENNSYLVANIA AVE
    READING,PA19606     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    KATRINA ARROYOS
    6990 SOUTH 14TH PLACE
    TUSCON,AZ85756     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    NATE RABNER
    5907 BARBADOS PL APT 203
    ROCKVILLE,MD20852     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MICHAELA ODENS
    24910 WAVERLY RD
    GREENWOOD,NE68366     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    KRISTIE CHUA
    2405 CLAYTON CIRCLE
    SUPERIOR,CO80027     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    TIERRA SMITH
    4445 ALVIN DARK AVE APT 131
    BATON ROUGE,LA70820     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MAGGIE MCVEY
    1057 WINNERY HILL RD
    ONEONTA,NY13820     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    TRACY M COOK
    515 S FIFTH ST
    COLUMBIA,MO65201     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MEIRYUM ALI
    206 ELM ST 200015
    NEW HAVEN,CT06520     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    NEW YORK UNIVERSITY
    70 WASHINGTON SQUARE SOUTH
    NEW YORK,NY10012     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 25,022
    ALEX LAMB
    1903 MASSACHUSETTS ST 3
    LAWRENCE,KS66044     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    CASSIDY TROWBRIDGE
    2052 S RURAL RD UNIT D
    TEMPE,AZ85282     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    WILLIAM TRUE
    431 SHADY AVE APT 4
    PITTSBURGH,PA15206     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ANDREW MENEZES
    3442 42ND ST APT 3R
    LONG ISLAND CITY,NY11101     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ALEXA WYBRANIEC
    14 APPLE HILL ROAD
    HILLSBOROUGH,NJ08844     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    PENNSYLVANIA STATE UNIVERSITY
    222 CARNEGIE BLDG
    UNIVERSITY PARK,PA16802     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 19,590
    JORI EPSTEIN
    6727 HYACINTH LANE
    DALLAS,TX75252     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    NAOMI EIDE
    7315 RADCLIFFE DR
    COLLEGE PARK,MD20740     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    RACHEL PODNAR
    107 S DICKS ST UNIT 1
    MUNCIE,IN47303     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ANITA BALAKRISHNAN
    43-11 49TH ST 2G
    SUNNYSIDE,NY11104     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MADISON ALEXANDER
    103 N STADIUM BLVD 117
    COLUMBIA,MO65203     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    HARRISON BRINK
    1231 W MASTER ST
    PHILADELPHIA,PA19122     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    DANIKA WORTHINGTON
    6011 E CALLE DEL PAISANO
    SCOTTSDALE,AZ85251     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MATTHEW LEONARD
    PO BOX 847
    NORTON,VA24273     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    TEMPLE UNIVERSITY
    2020 N 13TH ST
    PHILADELPHIA,PA19122     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 26,000
    ALEXANDRA GRAFF
    20020 3RD DR SE
    BOTHELL,WA98012     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    SETH ARCHER
    128 NORTH LANCASTER
    ATHENS,OH45701     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    MATTHEW JOHNSON
    502 E BOONE AVE
    SPOKANE,WA99258     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    UNIVERSITY OF NEBRASKA-LINCOLN
    200 CENTENNIAL MALL NORTH
    LINCOLN,NE68588     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 17,781
    UNIVERSITY OF TEXAS AT AUSTIN
    UMC A1000
    AUSTIN,TX78712     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 30,300
    UNIVERSITY OF TEXAS AT EL PASO
    500 SALUKI BLVD 314A
    EL PASO,TX79968     		N/A EDUCATIONAL INSTITUT TO FUND FACULTY TRAINING PROGRAM 25,000
    EMMA LEGAULT
    2533 MORNINGSIDE DR
    LAWRENCE,KS66047     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    WESTERN KENTUCKY UNIVERSITY
    1906 COLLEGE HEIGHTS BLVD
    BOWLING GREEN,KY42101     		N/A EDUCATIONAL INSTITUT TO FUND FACULTY TRAINING PROGRAM 25,000
    NATALIE WICKMAN
    2350 WYNDHAM COURT
    AURORA,IL60504     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ASIAN AMERICAN JOURNALISTS ASSOC JOURNALISM CAMP
    1182 MARKET ST STE 320
    SAN FRANCISCO,CA94102     		N/A TAX-EXEMPT ORGANIZAT TO FUND JOURNALISM WORKSHOPS 6,000
    SOCIETY FOR NEWS DESIGN FOUNDATION
    424 E CENTRAL BLVD STE 406
    ORLANDO,FL32801     		N/A TAX-EXEMPT ORGANIZAT PROVIDES TRAINING GRANTS FOR VISUAL JOURNALISTS 5,000
    UNIVERSITY OF SCRANTON
    800 LINDEN STREET
    SCRANTON,PA18510     		N/A EDUCATIONAL INSTITUT COLLEGE EDUCATIONAL INSTITUTION 250
    CALIFORNIA CHICANO NEWS MEDIA ASSOC SAN JOSE
    750 RIDDER PARK DR
    SAN JOSE,CA95190     		N/A TAX-EXEMPT ORGANIZAT TO FUND JOURNALISM WORKSHOPS 6,000
    CAROLE REMICK FOUNDATION
    7 PALMER ST
    ROXBURY,MA02119     		N/A TAX-EXEMPT ORGANIZAT TO FUND JOURNALISM WORKSHOPS 6,500
    COLUMBIA COLLEGE CHICAGO
    600 E MICHIGAN AVE
    CHICAGO,IL60605     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 7,500
    EASTERN ILLINOIS UNIVERSITY
    600 S MICHIGAN AVE
    CHARLESTON,IL61920     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 4,000
    MARQUETTE UNIVERSITY
    1131 W WISCONSIN AVE
    MILWAUKEE,WI53201     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 5,500
    NEW YORK UNIVERSITY
    70 WASHINGTON SQUARE SOUTH
    NEW YORK,NY10012     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 6,500
    PRINCETON UNIVERSITY
    PRINCETON UNIVERSITY
    PRINCETON,NJ08544     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 6,500
    TEMPLE UNIVERSITY
    2020 N 13TH ST
    PHILADELPHIA,PA19122     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 5,000
    UNIVERSITY OF ALABAMA
    PHIFER HALL
    TUSALOOSA,AL35487     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 6,000
    UNIVERSITY OF ARIZONA
    845 N PARK AVE
    TUCSON,AZ85721     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 6,000
    UNIVERSITY OF MIAMI
    PO BOX 248025
    CORAL GABLES,FL33124     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 5,000
    UNIVERSITY OF MISSOURI
    120 NEFF HALL
    COLUMBIA,MO65211     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 25,000
    UNIVERSITY OF MISSOURI
    120 NEFF HALL
    COLUMBIA,MO65211     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 5,500
    UNIVERSITY OF NORTH TEXAS
    1155 UNION CIRCLE 311250
    DENTON,TX76203     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 4,500
    UNIVERSITY OF OKLAHOMA
    395 W LINDSEY ST
    NORMAN,OK73019     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 4,000
    UNIVERSITY OF SOUTHERN MISSISSIPPI
    118 COLLEGE DRIVE
    HATTIESBURG,MS39406     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 6,000
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVE
    SAINT PAUL,MN55105     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 6,500
    UNIVERSITY OF TEXAS AT EL PASO
    500 W UNIVERSITY AVE
    EL PASO,TX79968     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 6,000
    WESTERN KENTUCKY UNIVERSITY
    1906 COLLEGE HEIGHTS BLVD
    BOWLING GREEN,KY42101     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 6,000
    WRITE ON SPORTS FOUNDATION
    PO BOX 833
    SOUTH ORANGE,NJ07079     		N/A TAX-EXEMPT ORGANIZAT TO FUND JOURNALISM WORKSHOPS 1,000
    CONNECTICUT HEALTH I TEAM INC
    640 PROSPECT STREET
    NEW HAVEN,CT06511     		N/A TAX-EXEMPT ORGANIZAT TO FUND JOURNALISM WORKSHOPS 6,000
    MARIA ESQUINCA
    6258 ESCONDIDO
    EL PASO,TX79912     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    REBEKAH TOMLIN
    2825 PUTNAM ST
    FORT WORTH,TX76112     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ALEXANDER BITTER
    80 NANIAKEA ST
    HILO,HI96720     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    AUSTIN CANNON
    1325 31ST ST
    DES MOINES,IA50311     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    RYAN TARINELLI
    1106 S MAIN ST APT 2202
    MOSCOW,ID83843     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    CAMILLE HARRISON
    7404 INWOOD AVE
    CATONSVILLE,MD21228     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ARIELLE MARTINEZ
    500 CIRCLE ROAD
    STONY BROOK,NY11790     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    JORDAN HUESERS
    1617 P STREET
    LINCOLN,NE68508     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ALEXANDRA WILTS
    912 TOTONACA LANE
    EL PASO,TX79912     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ALICIA MCELHANEY
    8300 BALTIMORE AVE APT 1211B
    COLLEGE PARK,MD20742     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    ERIN DAVORAN
    141 PEDRETTI
    CINCINNATI,OH34238     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    CURTIS SPICER
    200 E FILMORE ST APT 129
    PHOENIX,AZ85004     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    BRIA PAIGE
    350 SPELMAN LANE
    ATLANTA,GA30314     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    SAMUEL SHAW
    214 N GRAHAM ST
    CHAPEL HILL,NC27516     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    Total .................................bullet 3a 404,943
    bApproved for future payment
    NEW YORK UNIVERSITY
    70 WASHINGTON SQUARE SOUTH
    NEW YORK,NY10012     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 4,000
    UNIVERSITY OF MISSOURI
    120 NEFF HALL
    COLUMBIA,MO65211     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 4,000
    UNIVERSITY OF TEXAS AT EL PASO
    500 W UNIVERSITY AVE
    EL PASO,TX79968     		N/A EDUCATIONAL INSTITUT TO FUND FACULTY TRAINING PROGRAM 33,720
    CONNECTICUT HEALTH I TEAM INC
    640 PROSPECT STREET
    NEW HAVEN,CT06511     		N/A TAX-EXEMPT ORGANIZAT TO FUND JOURNALISM WORKSHOPS 4,000
    TEMPLE UNIVERSITY
    2020 N 13TH ST
    PHILADELPHIA,PA19122     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 28,513
    UNIVERSITY OF TEXAS AT EL PASO
    500 W UNIVERSITY AVE
    EL PASO,TX79968     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING PROGRAMS 26,000
    UNIVERSITY OF TEXAS AT EL PASO
    500 W UNIVERSITY AVE
    EL PASO,TX79968     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 3,000
    UNIVERSITY OF MIAMI
    PO BOX 248025
    CORAL GABLES,FL33124     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 3,000
    UNIVERSITY OF ARIZONA
    845 N PARK AVE
    TUCSON,AZ85721     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 3,000
    CALIFORNIA CHICANO NEWS MEDIA ASSOC SAN JOSE
    750 RIDDER PARK DR
    SAN JOSE,CA95190     		N/A TAX-EXEMPT ORGANIZAT TO FUND JOURNALISM WORKSHOPS 3,000
    COLUMBIA COLLEGE CHICAGO
    600 E MICHIGAN AVE
    CHICAGO,IL60605     		N/A EDUCATIONAL INSTITUT TO FUND JOURNALISM WORKSHOPS 3,000
    UNIVERSITY OF MISSOURI
    120 NEFF HALL
    COLUMBIA,MO65211     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING WORKSHOPS 26,600
    PENNSYLVANIA STATE UNIVERSITY
    222 CARNEGIE BLDG
    UNIVERSITY PARK,PA16802     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING WORKSHOPS 22,255
    ARIZONA STATE UNIVERSITY
    555 N CENTRAL AVE
    PHOENIX,AZ85005     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING WORKSHOPS 26,000
    AMERICAN UNIVERSITY
    4400 MASSACHUSETTS AVE NW
    WASHINGTON,DC20016     		N/A EDUCATIONAL INSTITUT TO FUND INTERNS TRAINING WORKSHOPS 22,000
    Total .................................bullet 3b 212,088
    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....          
    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 ............     		         
    9 Net income or (loss) from special events:     01 7,800  
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aADVERTISING INCOME     		541800 9,000      
    bBOOK ROYALTIES     15 135  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 9,000 7,935 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1316,935
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    DOW JONES NEWS FUND INC
     
    Employer identification number

    13-6021439
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    DOW JONES NEWS FUND INC
          		Employer identification number
    13-6021439
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    DOW JONES FOUNDATION  
    PO BOX 300
     
    PRINCETON, NJ08543

    		$ 310,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    THE BUSINESS JOURNALS  
    120 W MOREHEAD STE 400
     
    CHARLOTTE, NC28202

    		$ 14,400


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    DOW JONES NEWS FUND INC
          		Employer identification number

    13-6021439
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    DOW JONES NEWS FUND INC
          		Employer identification number

    13-6021439
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEE 7,500 0 0 7,500

    TY 2015 ExplnOfNonFilingWithAGStmt
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Statement:
    DISTRICT OF COLUMBIA DOESN'T HAVE A FILING REQUIREMENT.

    TY 2015 OtherExpensesSchedule
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROMOTION & SPONSORSHIP 7,823 0 0 7,823
    DUES & FILING FEES 659 0 0 659
    POSTAGE 9,854 0 0 9,854
    MISCELLANEOUS 564 0 0 564
    HIGH SCHOOL PROGRAMS OPERATING COSTS 8,137 0 0 8,137
    COLLEGE PROGRAMS OPERATING COSTS 58,192 0 0 58,192
    HIGH SCHOOL NEWSLETTERS COSTS 13,291 0 9,000 4,291
    OUTSIDE SERVICES 12,454 0 0 12,454


    TY 2015 OtherIncomeSchedule2
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADVERTISING INCOME 9,000   0
    BOOK ROYALTIES 135   135
    GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS 7,800   7,800