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
THOMAS W PANGBORN
 
Number and street (or P.O. box number if mail is not delivered to street address)PNC BANK NA 620 LIBERTY AVENUE 10TH
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705
A Employer identification number

52-6073332
B Telephone number (see instructions)

(412) 762-3792
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$24,545,684J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 485,694 485,851  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,160,053
b Gross sales price for all assets on line 6a 11,530,522
7 Capital gain net income (from Part IV, line 2)... 1,160,053
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)....... Click to see attachment 1,195 7,960  
12 Total. Add lines 1 through 11........ 1,646,942 1,653,864  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 48,245 45,833   2,412
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 3,463 0 0 3,463
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,693 543   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)....... Click to see attachment 92 886    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 64,493 47,262 0 5,875
25 Contributions, gifts, grants paid....... 1,253,432 1,253,432
26 Total expenses and disbursements. Add lines 24 and 25 1,317,925 47,262 0 1,259,307
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 329,017
b Net investment income (if negative, enter -0-) 1,606,602
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 910,122 941,934 941,934
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,037,719 3,934,711 4,718,267
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).......... 17,673,833 Click to see attachment18,074,050 18,885,483
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) 22,621,674 22,950,695 24,545,684
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 22,316,850 22,761,604
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 304,824 189,091
30 Total net assets or fund balances (see instructions)..... 22,621,674 22,950,695
31 Total liabilities and net assets/fund balances (see instructions). 22,621,674 22,950,695
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
22,621,674
2
Enter amount from Part I, line 27a .....................
2
329,017
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4
4
Add lines 1, 2, and 3 ..........................
4
22,950,695
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
22,950,695
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 66. MCKESSON HBOC INC COMMN   2013-10-14 2015-01-09
b 214. MCKESSON HBOC INC COMMN   2013-10-14 2015-01-09
c 580. CAPITAL ONE FINANCIAL CORP   2014-10-10 2015-01-13
d 450. GENERAL ELEC CO COM   2009-06-10 2015-01-13
e 425. GENERAL ELEC CO COM   2009-06-10 2015-01-13
25. GENERAL ELEC CO COM   2011-06-29 2015-01-13
180. PHILIP MORRIS INTERNAT-W/I   2014-05-23 2015-01-13
90. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3   2013-05-06 2015-01-13
1350. DISCOVER FINANCIAL W/I   2011-03-25 2015-01-22
2419. REGIONS FINANCIAL CORP   2013-04-26 2015-01-26
2297. REGIONS FINANCIAL CORP   2013-04-26 2015-01-26
2297. REGIONS FINANCIAL CORP   2013-05-20 2015-01-26
275. REGIONS FINANCIAL CORP   2013-05-31 2015-01-26
132. REGIONS FINANCIAL CORP   2013-05-31 2015-01-26
54995.417 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2013-07-09 2015-01-28
630. UNITED RENTALS INC COM   2013-01-10 2015-01-29
11. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2015-01-30
4003. SECTOR SPDR TR SBI INT-TECH   2014-07-31 2015-01-30
241. SECTOR SPDR TR SHS BEN INT-UTILITIES   2014-12-01 2015-01-30
325. DISCOVER FINANCIAL W/I   2011-07-07 2015-02-03
67525.773 AQR MULTI STRATEGY ALTERNATIVE FUND   2012-03-19 2015-02-05
324.824 AQR MULTI STRATEGY ALTERNATIVE FUND   2013-12-23 2015-02-05
150. BOEING CO   2012-07-30 2015-02-05
480. DELTA AIR LINES INC   2013-07-02 2015-02-05
42134.831 DRIEHAUS ACTIVE INCOME FUND FUND 640   2013-06-25 2015-02-05
4819.277 DRIEHAUS ACTIVE INCOME FUND FUND 640   2013-11-14 2015-02-05
46899.662 PIMCO COMMODITY REALRETURN STRATEGY FUND   2011-06-21 2015-02-05
214.231 PIMCO COMMODITY REALRETURN STRATEGY FUND   2011-12-07 2015-02-05
141.848 PIMCO COMMODITY REALRETURN STRATEGY FUND   2012-12-12 2015-02-05
.007 PIMCO COMMODITY REALRETURN STRATEGY FUND   2012-12-12 2015-02-05
273.964 HATTERAS CORE ALTERNATIVES TEI INSTITUTIONAL FUND, L.P.   2011-07-01 2015-02-05
598.456 AQR MULTI STRATEGY ALTERNATIVE FUND   2012-12-17 2015-02-19
868.956 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2014-12-10 2015-02-19
57614.44 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2013-07-09 2015-02-19
2042.054 PIMCO COMMODITY REALRETURN STRATEGY FUND   2011-12-07 2015-02-19
198. NATIONAL FUEL GAS CO N J COM   2013-05-09 2015-02-26
672. NATIONAL FUEL GAS CO N J COM   2013-05-09 2015-02-26
770. EASTMAN CHEM CO   2014-06-04 2015-03-05
1259. HOST HOTELS & RESORTS INC REIT   2015-01-13 2015-03-11
681. HOST HOTELS & RESORTS INC REIT   2015-01-13 2015-03-11
26. BAXTER INTERNATIONAL INC   2013-08-01 2015-03-13
159. BAXTER INTERNATIONAL INC   2013-08-01 2015-03-13
220. NATIONAL FUEL GAS CO N J COM   2012-11-07 2015-03-13
180. COMCAST CORPORATION CL A   2010-01-08 2015-03-18
140. DISNEY WALT CO   2012-06-04 2015-03-18
292. HANESBRANDS INC - W/I   2014-02-19 2015-03-18
48. HANESBRANDS INC - W/I   2014-02-19 2015-03-18
110. TIME WARNER INC   2013-12-18 2015-03-18
1680. MICRON TECHNOLOGY INC   2014-08-26 2015-03-30
74. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2015-03-31
3498. SECTOR SPDR TR SBI CONS STPLS   2015-01-30 2015-03-31
3571. SECTOR SPDR TR SHS BEN INT-UTILITIES   2014-12-01 2015-03-31
259.362 HATTERAS CORE ALTERNATIVES TEI INSTITUTIONAL FUND, L.P.   2011-07-01 2015-03-31
275. GARMIN LTD ISIN CH0114405324 SEDOL B3Z5T14   2014-02-25 2015-04-10
330. CA INC   2012-03-28 2015-04-17
170. CA INC   2014-07-02 2015-04-17
2656.457 AQR MANAGED FUTURES STRATEGY FUND CLASS I   2015-02-05 2015-04-27
5657.053 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND   2015-02-05 2015-04-27
7661.458 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I   2015-02-05 2015-04-27
3578.173 JP MORGAN RESEARCH MARKET NEUTRAL FUND INSTITUTIONAL   2015-02-05 2015-04-27
2376.179 T ROWE PRICE REAL ESTATE FUND FD 122   2015-02-05 2015-04-27
102. SPDR GOLD TRUST ETF   2015-02-05 2015-04-27
603. PACKAGING CORP OF AMERICA COM   2014-03-20 2015-04-28
187. PACKAGING CORP OF AMERICA COM   2014-03-27 2015-04-29
380. POTASH CORP SASK INC LESS EXCHANGE RATE OF .6921   2014-08-07 2015-05-06
450. KROGER CO   2014-07-09 2015-05-08
608. PROCTER & GAMBLE CO   2012-11-30 2015-05-08
40. AETNA INC NEW   2013-05-14 2015-05-14
30. ALLSTATE CORP   2013-02-20 2015-05-14
20. AMERIPRISE FINANCIAL INC   2014-06-20 2015-05-14
20. AMGEN INC   2013-12-13 2015-05-14
20. APPLE INC   2013-10-03 2015-05-14
20. CIGNA CORP   2015-01-09 2015-05-14
50. CVS CAREMARK CORP   2013-05-14 2015-05-14
20. CHEVRON CORPORATION   2013-02-26 2015-05-14
100. CISCO SYS INC COM   2011-10-10 2015-05-14
20. CONSTELLATION BRANDS INC CL A   2014-07-09 2015-05-14
20. DISNEY WALT CO   2012-07-13 2015-05-14
30. EXTRA SPACE STORAGE INC   2013-10-11 2015-05-14
50. EXXON MOBIL CORP   2012-06-27 2015-05-14
50. FOOT LOCKER INC   2014-03-13 2015-05-14
100. GENERAL ELEC CO COM   2010-05-03 2015-05-14
30. HCA HOLDINGS INC   2014-08-06 2015-05-14
20. HONEYWELL INTL INC   2015-02-05 2015-05-14
220. HUNTINGTON BANCSHARES INC   2014-09-12 2015-05-14
4991. ISHARES TR RUSSELL 1000 GROWTH INDEX FD   2013-06-13 2015-05-14
70. J P MORGAN CHASE & CO COM   2009-03-24 2015-05-14
30. JOHNSON & JOHNSON COM   2011-05-17 2015-05-14
30. L BRANDS INC   2014-10-15 2015-05-14
50. LINCOLN NATIONAL CORP   2013-04-15 2015-05-14
40. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2015-05-14
10. PPG INDS INC COM   2015-03-05 2015-05-14
30. PRINCIPAL FINANCIAL GROUP COM   2014-08-06 2015-05-14
20. PUBLIC STORAGE INC   2015-03-11 2015-05-14
30. REYNOLDS AMERICAN INC   2014-10-10 2015-05-14
50. SEI INVESTMENT CO   2014-08-29 2015-05-14
30. ST JUDE MEDICAL INC   2013-01-18 2015-05-14
30. SCHLUMBERGER LTD COM   2014-04-01 2015-05-14
20. THE TRAVELERS COS INC   2014-04-29 2015-05-14
50. UNION PAC CORP COM   2010-04-29 2015-05-14
200. WELLS FARGO & CO NEW COM   2009-04-22 2015-05-14
80. WISCONSIN ENERGY CORP   2009-03-05 2015-05-14
30. WYNDHAM WORLDWIDE CORP   2011-06-28 2015-05-14
50. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76   2014-09-22 2015-05-14
20. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104   2014-02-28 2015-05-14
30. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-27 2015-05-14
150. GLAXO WELLCOME PLC SPONSORED ADR   2013-05-20 2015-05-18
720. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104   2014-02-28 2015-05-18
145. GLAXO WELLCOME PLC SPONSORED ADR   2013-05-20 2015-05-19
1390. DELTA AIR LINES INC   2013-07-02 2015-05-21
440. UNION PAC CORP COM   2010-04-29 2015-05-21
210. TIME WARNER INC   2013-12-18 2015-06-16
160. WYNDHAM WORLDWIDE CORP   2011-06-28 2015-06-16
120. AETNA INC NEW   2013-05-14 2015-06-17
90. CIGNA CORP   2015-01-09 2015-06-17
220. ST JUDE MEDICAL INC   2013-01-18 2015-06-17
295. MERCK & CO INC   2009-03-19 2015-06-18
1. MARSH & MCLENNAN COMPANIES INC   2001-01-01 2015-06-24
113. MCDONALDS CORP COM   2011-06-24 2015-06-24
7. MCDONALDS CORP COM   2013-04-04 2015-06-24
235. HCP INC REIT   2014-12-10 2015-06-25
255. HCP INC REIT   2014-06-11 2015-06-25
304.918 HATTERAS CORE ALTERNATIVES TEI INSTITUTIONAL FUND, L.P.   2011-07-01 2015-06-30
120. LILLY ELI & CO   2011-06-24 2015-07-01
181. PFIZER INC COM   2010-05-20 2015-07-01
24. PFIZER INC COM   2010-05-20 2015-07-01
270. AETNA INC NEW   2013-05-14 2015-07-07
130. CIGNA CORP   2015-01-09 2015-07-07
130. ALLSTATE CORP   2014-10-17 2015-07-17
980. ALLSTATE CORP   2013-02-20 2015-07-17
350. DISNEY WALT CO   2012-07-13 2015-07-17
480. JOHNSON & JOHNSON COM   2011-05-17 2015-07-17
9324.448 DRIEHAUS ACTIVE INCOME FUND FUND 640   2015-04-27 2015-07-24
23708.765 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I   2015-02-05 2015-07-24
485. ISHARES TIPS BOND ETF   2015-04-27 2015-07-24
2617.263 NEUBERGER BERMAN REAL ESTATE FUND CLASS I   2015-02-05 2015-07-24
2985.519 NEUBERGER BERMAN REAL ESTATE FUND CLASS I   2015-04-27 2015-07-24
124. SPDR GOLD TRUST ETF   2015-02-05 2015-07-24
879. LEVEL 3 COMMUNICATIONS INC   2014-03-07 2015-07-30
341. LEVEL 3 COMMUNICATIONS INC   2014-03-07 2015-07-30
2. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2015-07-31
54. SECTOR SPDR TR SBI CYCL TRANS   2015-03-31 2015-07-31
4028. SECTOR SPDR TR SBI INT-TECH   2015-03-31 2015-07-31
338. HANESBRANDS INC - W/I   2014-02-19 2015-08-05
387. HANESBRANDS INC - W/I   2014-02-19 2015-08-05
815. HANESBRANDS INC - W/I   2014-02-19 2015-08-05
165. TYSON FOODS INC CLASS A   2015-05-08 2015-08-05
905. TYSON FOODS INC CLASS A   2015-05-08 2015-08-05
385. CONOCOPHILLIPS   2011-06-24 2015-08-07
1270. CONOCOPHILLIPS   2013-08-30 2015-08-14
1. CITIGROUP INC   2001-01-01 2015-08-25
60. CARE CAPITAL PROPERTIES INC   2010-08-26 2015-08-26
1495. ISHARES TR S&P SMLCAP 600   2015-07-31 2015-08-31
410. NOVARTIS AG SPONSORED ADR   2015-07-17 2015-09-04
285. CHEVRON CORPORATION   2008-12-04 2015-09-09
560. BERKSHIRE HATHAWAY INC CLASS B   2015-01-22 2015-09-10
2355. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2014-08-29 2015-09-30
6. HEALTH CARE SELECT SECTOR ETF LARGE CAP   2015-08-31 2015-09-30
3451. SECTOR SPDR TR SBI CONS STPLS   2015-08-31 2015-09-30
7. PJT PARTNERS INC - A W/I   2014-04-02 2015-10-09
550. TIME WARNER INC   2013-12-18 2015-10-14
240. VOYA FINL INC COM   2014-10-17 2015-10-14
681. VOYA FINL INC COM   2014-10-17 2015-10-15
159. VOYA FINL INC COM   2014-10-17 2015-10-15
27813.124 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2012-04-13 2015-10-19
4204.919 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2014-12-30 2015-10-19
825.779 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2014-12-30 2015-10-22
13.843 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2012-12-28 2015-10-22
270. APPLE INC   2013-10-03 2015-10-22
940. HCA HOLDINGS INC   2014-08-06 2015-10-22
230. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-27 2015-10-22
3374.046 AQR MANAGED FUTURES STRATEGY FUND CLASS I   2015-02-05 2015-10-27
2668.993 DIAMOND HILL LONG-SHORT FUND CL I   2015-04-27 2015-10-27
14833.709 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND   2015-02-05 2015-10-27
16032.014 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND   2015-07-24 2015-10-27
3564.269 ASG GLOBAL ALTERNATIVES FUND CL Y   2015-02-05 2015-10-27
1162.479 ASG GLOBAL ALTERNATIVES FUND CL Y   2015-04-27 2015-10-27
719.625 ASG GLOBAL ALTERNATIVES FUND CL Y   2015-07-24 2015-10-27
140. PROCTER & GAMBLE CO   2010-02-05 2015-10-28
4373. SECTOR SPDR TR SBI CYCL TRANS   2015-08-31 2015-10-28
2174. SECTOR SPDR TR SBI CYCL TRANS   2015-03-31 2015-10-28
220. AT&T INC   2015-07-30 2015-11-02
70. AETNA INC NEW   2013-05-31 2015-11-02
100. ALASKA AIR GROUP INC   2014-12-12 2015-11-02
90. AMERICAN ELECTRIC POWER INC   2015-10-14 2015-11-02
130. AMERICAN WATER WORKS CO INC   2014-06-23 2015-11-02
80. AMERIPRISE FINANCIAL INC   2014-06-20 2015-11-02
60. AMGEN INC   2013-12-13 2015-11-02
200. APARTMENT INVT & MGMT CO CL A REIT   2015-01-26 2015-11-02
50. APPLE INC   2013-10-03 2015-11-02
40. BOEING CO   2012-07-30 2015-11-02
170. CDW CORP/DE   2014-07-09 2015-11-02
40. CIGNA CORP   2015-01-09 2015-11-02
120. CVS CAREMARK CORP   2013-05-14 2015-11-02
90. CHEVRON CORPORATION   2013-02-26 2015-11-02
480. CISCO SYS INC COM   2012-02-17 2015-11-02
110. COMCAST CORPORATION CL A   2010-01-08 2015-11-02
60. CONSTELLATION BRANDS INC CL A   2014-07-09 2015-11-02
250. D R HORTON INC   2015-08-05 2015-11-02
50. DISNEY WALT CO   2012-07-13 2015-11-02
180. DOW CHEMICAL CO   2015-04-28 2015-11-02
60. EQUIFAX INC   2015-05-21 2015-11-02
150. EXTRA SPACE STORAGE INC   2013-10-11 2015-11-02
270. EXXON MOBIL CORP   2012-06-27 2015-11-02
110. FOOT LOCKER INC   2014-03-13 2015-11-02
40. GENERAL DYNAMICS CORP   2015-05-21 2015-11-02
460. GENERAL ELEC CO COM   2010-05-03 2015-11-02
40. GOLDMAN SACHS GROUP INC COM   2015-05-18 2015-11-02
80. HONEYWELL INTL INC   2015-02-05 2015-11-02
1030. HUNTINGTON BANCSHARES INC   2014-09-12 2015-11-02
240. INTEL CORP   2015-10-22 2015-11-02
330. J P MORGAN CHASE & CO COM   2009-04-17 2015-11-02
90. JOHNSON & JOHNSON COM   2012-11-30 2015-11-02
160. KROGER CO   2014-07-09 2015-11-02
70. L BRANDS INC   2014-10-15 2015-11-02
220. LINCOLN NATIONAL CORP   2013-04-15 2015-11-02
90. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2015-11-02
120. MONDELEZ INTERNATIONAL   2015-08-05 2015-11-02
60. NORTHROP GRUMMAN CORPORATION   2015-01-29 2015-11-02
60. PPG INDS INC COM   2015-03-05 2015-11-02
430. PFIZER INC COM   2010-08-12 2015-11-02
150. PRINCIPAL FINANCIAL GROUP COM   2014-08-06 2015-11-02
80. PRUDENTIAL FINANCIAL INC COM   2015-09-10 2015-11-02
50. PUBLIC STORAGE INC   2015-03-11 2015-11-02
270. REYNOLDS AMERICAN INC   2014-10-10 2015-11-02
150. SEI INVESTMENT CO   2014-08-29 2015-11-02
50. SVB FINANCIAL GROUP   2015-07-17 2015-11-02
110. ST JUDE MEDICAL INC   2013-01-18 2015-11-02
120. SCHLUMBERGER LTD COM   2014-04-01 2015-11-02
60. SNAP-ON INC COM   2014-08-04 2015-11-02
80. TEVA PHARMA INDS ADR 1 ADR REPRESENTS 10 SHS   2015-09-04 2015-11-02
110. TOTAL FINA S A   2015-08-14 2015-11-02
10548.523 TOUCHSTONE SANDS CAPITAL SELECT GROWTH FD CLASS Y   2011-06-21 2015-11-02
130. TOTAL SYSTEMS SERVICES INC   2015-06-16 2015-11-02
100. THE TRAVELERS COS INC   2014-04-29 2015-11-02
180. VALERO ENERGY CORP NEW COM   2015-06-17 2015-11-02
130. VERIZON COMMUNICATIONS COM   2015-05-08 2015-11-02
200. WEC ENERGY GROUP INC   2009-03-05 2015-11-02
400. WELLS FARGO & CO NEW COM   2009-04-22 2015-11-02
90. WESTROCK CO-WHEN ISSUED   2015-03-18 2015-11-02
80. WYNDHAM WORLDWIDE CORP   2011-06-28 2015-11-02
210. XCEL ENERGY INC COM   2015-02-26 2015-11-02
110. AMDOCS LIMITED ISIN BG0022569080   2015-03-30 2015-11-02
120. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76   2014-09-22 2015-11-02
90. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-27 2015-11-02
630. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2015-11-13
570. WESTROCK CO-WHEN ISSUED   2015-03-18 2015-11-13
2507. SPDR TR UNIT SER 1   2015-10-28 2015-11-30
750. ST JUDE MEDICAL INC   2013-01-18 2015-11-30
170. SNAP-ON INC COM   2014-08-04 2015-11-30
87. QUALCOMM   2011-06-24 2015-12-02
18. QUALCOMM   2011-06-24 2015-12-02
182. SYMANTEC CORP COM   2014-03-11 2015-12-02
563. SYMANTEC CORP COM   2014-03-11 2015-12-02
210. SNAP-ON INC COM   2014-08-04 2015-12-03
84. SEI INVESTMENT CO   2014-08-29 2015-12-08
441. SEI INVESTMENT CO   2014-08-29 2015-12-08
485. SEI INVESTMENT CO   2014-08-29 2015-12-09
13. PINNACLE WEST CAPITAL CORP   2013-10-08 2015-12-17
362. PINNACLE WEST CAPITAL CORP   2013-10-08 2015-12-17
180. GOLDMAN SACHS GROUP INC COM   2015-05-18 2015-12-22
100. GOLDMAN SACHS GROUP INC COM   2015-07-17 2015-12-22
281.279 HATTERAS CORE ALTERNATIVES TEI INSTITUTIONAL FUND, L.P.   2011-07-01 2015-12-31
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 14,314   9,110 5,204
b 46,450   29,538 16,912
c 45,671   47,166 -1,495
d 10,657   6,035 4,622
e 10,060   6,763 3,297
592   465 127
14,930   15,615 -685
6,722   5,579 1,143
77,749   33,951 43,798
21,751   20,297 1,454
20,827   20,903 -76
20,668   21,214 -546
2,499   2,546 -47
1,200   1,222 -22
600,000   588,451 11,549
53,952   30,318 23,634
768   702 66
161,085   156,973 4,112
11,767   11,166 601
18,230   8,628 9,602
666,479   655,000 11,479
3,206   3,167 39
22,110   11,275 10,835
22,084   9,166 12,918
440,730   450,000 -9,270
50,410   52,000 -1,590
209,641   416,000 -206,359
958   1,626 -668
634   962 -328
       
30,254   25,947 4,307
5,895   5,850 45
9,333   9,472 -139
618,779   616,523 2,256
9,128   13,624 -4,496
13,197   12,338 859
43,835   43,193 642
56,435   68,622 -12,187
25,516   30,033 -4,517
13,773   16,216 -2,443
1,743   1,881 -138
10,659   11,425 -766
12,794   12,660 134
10,573   3,052 7,521
14,989   6,441 8,548
9,863   5,345 4,518
1,641   879 762
9,441   7,036 2,405
44,672   55,118 -10,446
5,433   4,721 712
171,301   169,452 1,849
158,191   165,451 -7,260
29,163   24,564 4,599
12,767   14,350 -1,583
10,279   9,179 1,100
5,295   4,943 352
30,788   29,115 1,673
53,346   53,176 170
72,171   70,562 1,609
54,460   55,032 -572
65,654   68,790 -3,136
11,735   12,374 -639
41,261   43,070 -1,809
12,718   12,690 28
12,172   13,103 -931
32,278   22,183 10,095
49,264   42,413 6,851
4,457   2,377 2,080
2,026   1,401 625
2,560   2,382 178
3,234   2,239 995
2,576   1,382 1,194
2,634   2,168 466
5,086   2,979 2,107
2,169   2,298 -129
2,902   1,991 911
2,349   1,806 543
2,194   962 1,232
2,119   1,422 697
4,349   4,168 181
3,068   2,293 775
2,733   1,928 805
2,376   2,020 356
2,127   2,039 88
2,457   2,223 234
505,635   370,035 135,600
4,621   2,303 2,318
3,053   1,983 1,070
2,640   1,980 660
2,929   1,612 1,317
2,247   1,394 853
2,286   2,353 -67
1,552   1,498 54
3,941   3,725 216
2,306   1,799 507
2,355   1,896 459
2,224   1,188 1,036
2,760   2,930 -170
2,054   1,815 239
5,110   1,947 3,163
11,195   3,943 7,252
3,793   1,474 2,319
2,605   1,000 1,605
2,043   2,031 12
2,167   1,957 210
2,101   1,726 375
6,697   7,853 -1,156
77,985   70,404 7,581
6,465   7,527 -1,062
61,080   28,903 32,177
46,137   17,130 29,007
18,269   13,432 4,837
13,443   5,331 8,112
14,869   7,131 7,738
13,895   9,758 4,137
16,344   8,710 7,634
17,280   9,240 8,040
22     22
10,979   9,887 1,092
679   704 -25
8,568   10,633 -2,065
9,297   10,566 -1,269
34,870   28,879 5,991
10,134   4,438 5,696
6,117   2,797 3,320
810   371 439
30,617   16,064 14,553
19,955   14,094 5,861
8,752   7,870 882
65,980   48,271 17,709
41,463   16,838 24,625
48,029   31,651 16,378
96,508   97,813 -1,305
219,780   218,358 1,422
54,341   55,785 -1,444
37,322   41,274 -3,952
42,574   44,634 -2,060
12,875   15,042 -2,167
44,055   33,083 10,972
17,207   13,937 3,270
154   128 26
4,339   4,100 239
171,683   168,264 3,419
9,806   6,188 3,618
11,250   7,085 4,165
23,589   14,920 8,669
6,857   6,790 67
37,461   37,241 220
18,862   23,132 -4,270
63,136   90,475 -27,339
72     72
1,875   1,670 205
165,640   175,375 -9,735
38,622   43,299 -4,677
21,577   21,858 -281
73,340   83,944 -10,604
155,037   150,240 4,797
395   429 -34
162,298   163,380 -1,082
145   184 -39
39,175   36,298 2,877
9,334   8,637 697
26,494   24,508 1,986
6,164   5,722 442
1,061,905   934,655 127,250
160,544   176,228 -15,684
31,578   34,608 -3,030
529   460 69
31,060   18,658 12,402
61,742   63,294 -1,552
14,564   13,231 1,333
37,249   36,980 269
64,136   65,604 -1,468
135,877   139,437 -3,560
146,853   149,899 -3,046
38,494   41,274 -2,780
12,555   13,764 -1,209
7,772   8,146 -374
10,680   8,762 1,918
350,124   322,482 27,642
174,061   165,071 8,990
7,370   7,656 -286
8,061   4,297 3,764
7,733   5,615 2,118
5,119   5,234 -115
7,459   6,295 1,164
9,393   9,527 -134
9,725   6,716 3,009
7,976   8,177 -201
6,042   3,455 2,587
5,919   3,007 2,912
7,534   5,437 2,097
5,377   4,337 1,040
11,987   7,150 4,837
8,549   10,342 -1,793
13,747   9,709 4,038
6,893   2,549 4,344
8,101   5,417 2,684
7,452   7,206 246
5,750   2,405 3,345
9,301   9,278 23
6,474   5,992 482
12,024   7,109 4,915
23,066   22,508 558
7,486   5,044 2,442
5,920   5,623 297
13,479   8,870 4,609
7,590   8,173 -583
8,305   8,157 148
11,448   10,410 1,038
8,160   8,239 -79
21,662   11,087 10,575
9,181   6,277 2,904
6,085   3,944 2,141
6,751   4,620 2,131
12,016   7,092 4,924
4,798   3,137 1,661
5,562   5,577 -15
11,337   9,426 1,911
6,266   7,059 -793
15,080   7,229 7,851
7,693   7,490 203
6,729   6,319 410
11,682   9,313 2,369
12,940   8,097 4,843
8,019   5,689 2,330
6,273   7,381 -1,108
7,079   4,355 2,724
9,529   11,718 -2,189
10,010   7,258 2,752
4,852   5,076 -224
5,437   5,407 30
200,000   110,338 89,662
6,842   5,424 1,418
11,378   9,073 2,305
12,251   10,732 1,519
6,060   6,520 -460
10,342   3,686 6,656
21,928   7,885 14,043
4,892   6,019 -1,127
6,552   2,666 3,886
7,520   7,444 76
6,563   6,008 555
4,025   4,874 -849
5,896   5,177 719
27,460   23,558 3,902
27,891   38,119 -10,228
524,215   520,644 3,571
47,428   33,204 14,224
29,266   20,565 8,701
4,562   4,740 -178
951   981 -30
3,610   3,723 -113
11,098   12,139 -1,041
35,994   25,404 10,590
4,497   3,186 1,311
23,555   16,724 6,831
25,439   18,393 7,046
827   714 113
23,064   20,323 2,741
32,279   36,777 -4,498
17,933   21,148 -3,215
31,928   26,640 5,288
      453,456
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       5,204
b       16,912
c       -1,495
d       4,622
e       3,297
      127
      -685
      1,143
      43,798
      1,454
      -76
      -546
      -47
      -22
      11,549
      23,634
      66
      4,112
      601
      9,602
      11,479
      39
      10,835
      12,918
      -9,270
      -1,590
      -206,359
      -668
      -328
       
      4,307
      45
      -139
      2,256
      -4,496
      859
      642
      -12,187
      -4,517
      -2,443
      -138
      -766
      134
      7,521
      8,548
      4,518
      762
      2,405
      -10,446
      712
      1,849
      -7,260
      4,599
      -1,583
      1,100
      352
      1,673
      170
      1,609
      -572
      -3,136
      -639
      -1,809
      28
      -931
      10,095
      6,851
      2,080
      625
      178
      995
      1,194
      466
      2,107
      -129
      911
      543
      1,232
      697
      181
      775
      805
      356
      88
      234
      135,600
      2,318
      1,070
      660
      1,317
      853
      -67
      54
      216
      507
      459
      1,036
      -170
      239
      3,163
      7,252
      2,319
      1,605
      12
      210
      375
      -1,156
      7,581
      -1,062
      32,177
      29,007
      4,837
      8,112
      7,738
      4,137
      7,634
      8,040
      22
      1,092
      -25
      -2,065
      -1,269
      5,991
      5,696
      3,320
      439
      14,553
      5,861
      882
      17,709
      24,625
      16,378
      -1,305
      1,422
      -1,444
      -3,952
      -2,060
      -2,167
      10,972
      3,270
      26
      239
      3,419
      3,618
      4,165
      8,669
      67
      220
      -4,270
      -27,339
      72
      205
      -9,735
      -4,677
      -281
      -10,604
      4,797
      -34
      -1,082
      -39
      2,877
      697
      1,986
      442
      127,250
      -15,684
      -3,030
      69
      12,402
      -1,552
      1,333
      269
      -1,468
      -3,560
      -3,046
      -2,780
      -1,209
      -374
      1,918
      27,642
      8,990
      -286
      3,764
      2,118
      -115
      1,164
      -134
      3,009
      -201
      2,587
      2,912
      2,097
      1,040
      4,837
      -1,793
      4,038
      4,344
      2,684
      246
      3,345
      23
      482
      4,915
      558
      2,442
      297
      4,609
      -583
      148
      1,038
      -79
      10,575
      2,904
      2,141
      2,131
      4,924
      1,661
      -15
      1,911
      -793
      7,851
      203
      410
      2,369
      4,843
      2,330
      -1,108
      2,724
      -2,189
      2,752
      -224
      30
      89,662
      1,418
      2,305
      1,519
      -460
      6,656
      14,043
      -1,127
      3,886
      76
      555
      -849
      719
      3,902
      -10,228
      3,571
      14,224
      8,701
      -178
      -30
      -113
      -1,041
      10,590
      1,311
      6,831
      7,046
      113
      2,741
      -4,498
      -3,215
      5,288
       
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 1,160,053
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 1,124,198 25,491,373 0.044101
2013 1,015,904 23,385,098 0.043442
2012 927,220 21,273,135 0.043586
2011 485,288 20,684,568 0.023461
2010 526,651 19,169,608 0.027473
2
Total of line 1, column (d) .....................
20.182063
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.036413
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
25,329,330
5
Multiply line 4 by line 3......................
5
922,317
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
16,066
7
Add lines 5 and 6........................
7
938,383
8
Enter qualifying distributions from Part XII, line 4.............
8
1,259,307
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 16,066
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 16,066
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 16,066
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 15,130
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 851
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,981
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 85
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 taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbullet   Telephone no.bullet (412) 762-3792

    Located atbullet620 LIBERTY AVENUE 10TH FLOORPITTSBURGHPA ZIP+4bullet152222705
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PNC BANK N A TRUSTEE
    9     		48,245    
    620 LIBERTY AVENUE
    PITTSBURGH,PA15222
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    25,715,056
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,715,056
    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
    25,715,056
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    385,726
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,329,330
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,266,467
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,266,467
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    16,066
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,066
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,250,401
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,250,401
    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
    1,250,401
    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
    1,259,307
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,259,307
    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
    16,066
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,243,241
    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 1,250,401
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 1,253,435
    b Total for prior years:2013, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 0
    b From 2011...... 0
    c From 2012...... 0
    d From 2013...... 0
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,259,307
    a Applied to 2014, but not more than line 2a 1,253,435
    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..... 5,872
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		1,244,529
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011.... 0
    b Excess from 2012.... 0
    c Excess from 2013.... 0
    d Excess from 2014.... 0
    e Excess from 2015.... 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    GIRL SCOUTS USA
    ATTN KATIE MCCOLLOM
    420 FIFTH AVENUE 11TH FLOOR
    NEW YORK,NY100182729     		NONE PC GENERAL SUPPORT 6,267
    AMERICAN LUNG ASSOC
    ATTN JOANNE KRAMER
    21 W 38TH ST
    NEW YORK,NY100185506     		NONE PC GENERAL SUPPORT 6,267
    AMERICAN CANCER SOCIETY
    ATTN BILL ROBERTS
    PO BOX 720366
    OKLAHOMA CITY,OK731720366     		NONE PC GENERAL SUPPORT 6,267
    NATL FDN MARCH OF DIMES
    ATTN LEGAL DEPARTMENT
    1275 MAMARONECK AVENUE
    WHITE PLAINS,NY106055201     		NONE PC GENERAL SUPPORT 6,267
    BOYS & GIRLS CLUB OF AMERICA
    ATTN PAUL SANSONE
    1275 PEACHTREE ST NE
    ATLANTA,GA303093580     		NONE PC GENERAL SUPPORT 6,267
    AMERICAN HEART ASSOCIATION
    NATIONAL BEQUEST CENTER
    7272 GREENVILLE DRIVE
    ST PETERSBURG,FL337422249     		NONE PC GENERAL SUPPORT 6,267
    THE SCHOOL SISTERS OF NOTRE DAME
    PROVINCIAL LEADER
    6401 N CHARLES STREET
    BALTIMORE,MD212121016     		NONE PC GENERAL SUPPORT 25,069
    HAGERSTOWN GIRLS CLUB
    626 WASHINGTON AVENUE
    HAGERSTOWN,MD217404636     		NONE PC GENERAL SUPPORT 6,267
    UNIVERSITY OF NOTRE DAME
    ATTN JAMES KIEFT
    804 GRACE HALL
    NOTRE DAME,IN465566031     		NONE PC GENERAL SUPPORT 50,137
    NATIONAL SOCIETY TO PREVENT
    BLINDNESS IN AMERICA
    211 W WICKER DR SUITE 1700
    CHICAGO,IL60606     		NONE PC GENERAL SUPPORT 25,069
    DOMINICAN SISTERS OF THE
    ATTN MOTHER JOANNA HASTINGS
    217 NORTH 68TH STREET
    MILWAUKEE,WI532133928     		NONE PC GENERAL SUPPORT 12,534
    THE CATHEDRAL FOUNDATION INC
    CATHOLIC REVIEW
    880 PARK AVENUE
    BALTIMORE,MD212014822     		NONE PC GENERAL SUPPORT 12,534
    RCA OF BALTIMORE
    ST MARYS ST ANN
    BALTIMORE,MD212014421     		NONE PC GENERAL SUPPORT 444,969
    LOYOLA UNIVERSITY MARYLAND
    C/O ADVANCEMENT SERVICES
    2034 GREENSPRING DRIVE
    BALTIMORE,MD210934114     		NONE PC GENERAL SUPPORT 25,069
    MERCY MEDICAL CENTER INC
    301 ST PAUL PLACE
    BALTIMORE,MD212022102     		NONE PC GENERAL SUPPORT 25,069
    MOUNT SAINT MARY'S UNIVERSITY
    ATTN ACCOUNT & FINANCE OFFICE
    16300 OLD EMMITSBURG RD
    EMMITSBURG,MD21727     		NONE PC GENERAL SUPPORT 62,672
    BOY SCOUTS OF AMERICA
    18600 CRESTWOOD DRIVE
    HAGERSTOWN,MD217422799     		NONE PC GENERAL SUPPORT 6,267
    ST VINCENT DE PAUL SOCIETY
    2305 N CHARLES STREET
    BALTIMORE,MD21218     		NONE PC GENERAL SUPPORT 12,534
    MERITUS MEDICAL CENTER
    ATTN HOLLY SPICKLER
    11116 MEDICAL CAMPUS ROAD
    HAGERSTOWN,MD217426710     		NONE PC GENERAL SUPPORT 62,672
    WASH CNTY MUS OF FINE ARTS
    ATTN DIRECTOR
    P O BOX 423
    HAGERSTOWN,MD217410423     		NONE PC GENERAL SUPPORT 18,802
    KENNEDY KRIEGER CHLDN'S HOSP INC
    2931 E BIDDLE STREET
    BALTIMORE,MD212133939     		NONE PC GENERAL SUPPORT 6,267
    THE UNITED WAY FUND OF
    WASHINGTON COUNTY
    33 W FRANKLIN ST SUITE 203
    HAGERSTOWN,MD21740     		NONE PC GENERAL SUPPORT 12,534
    LITTLE SISTERS OF THE POOR BALTO
    601 MAIDEN CHOICE LANE
    BALTIMORE,MD212283630     		NONE PC GENERAL SUPPORT 25,069
    STELLA MARIS INC
    C/O MARGE WEBSTER
    2300 DULANEY VALLEY ROAD
    TIMONIUM,MD210932739     		NONE PC GENERAL SUPPORT 31,336
    WASHINGTON COUNTY FREE LIBRARY
    OF HAGERSTOWN
    100 SOUTH POTOMAC STREET
    HAGERSTOWN,MD21740     		NONE PC GENERAL SUPPORT 12,534
    TRUSTEES OF THE ENDOWMENT FUND
    ATTN MILFORD FOXWELL JR MD
    655 W BALTIMORE ST SUITE 190
    BALTIMORE,MD212011559     		NONE PC GENERAL SUPPORT 37,603
    ISABEL DE LA PUENTEDIR PLN GIV
    CATHOLIC UNIV OF AMERICA
    620 MICHAGAN AVENUE NE
    WASHINGTON,DC20064     		NONE PC GENERAL SUPPORT 87,740
    THE NATIONAL SHRINE OF THE
    IMMACULATE CONCEPTION
    400 MICHIGAN AVENUE NE
    WASHINGTON,DC200171517     		NONE PC GENERAL SUPPORT 25,069
    LOYOLA RETREAT HOUSE
    9270 LOYOLA RETREAT ROAD
    FAULKNER,MD206320009     		NONE PC GENERAL SUPPORT 25,069
    LITTLE SISTERS OF THE POOR
    WASHINGTON DC
    4200 HAREWOOD ROAD NE
    WASHINGTON,DC200171511     		NONE PC GENERAL SUPPORT 25,069
    SALVATION ARMY OF WASH COUNTY
    P O BOX 747
    HAGERSTOWN,MD217410747     		NONE PC GENERAL SUPPORT 12,534
    ASSOC OF KNIGHTS & LADIES
    EQUESTRIAN ORDER
    1011 FIRST AVE ROOM 1500
    NEW YORK,NY100224112     		NONE PC GENERAL SUPPORT 12,534
    ASSOCIATION OF MASTER KNIGHTS
    SOVERIGN MILITARY ORDER
    1011 FIRST AVENUE ROOM 1500
    NEW YORK,NY100224134     		NONE PC GENERAL SUPPORT 12,534
    PASTOR OF ST ANN'S ROMAN
    CATHOLIC CONGREGATION
    1525 OAK HILL AVENUE
    HAGERSTOWN,MD217422909     		NONE PC GENERAL SUPPORT 6,267
    SERVANTS OF RELIEF FOR
    INCURABLE CANCER
    1315 W HUNTING PARK AVENUE
    PHILADELPHIA,PA19140     		NONE PC GENERAL SUPPORT 12,534
    ST MARY'S HAGERSTOWN ROMAN
    CATHOLIC CONGREGATION
    224 WEST WASHINGTON STREET
    HAGERSTOWN,MD217404712     		NONE PC GENERAL SUPPORT 6,267
    HOME & FOREIGN MISSION SOCIETY
    CATHOLIC CENTER
    320 CATHEDRAL STREET
    BALTIMORE,MD212014421     		NONE PC GENERAL SUPPORT 37,603
    LEAGUELITTLE FLOWERCNTRY SCHLS
    ARCHDIOCESE OF BALTIMORE
    320 CATHEDRAL STREET
    BALTIMORE,MD212014421     		NONE PC GENERAL SUPPORT 37,603
    Total .................................bullet 3a 1,253,432
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 485,694  
    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 1,160,053  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aBLACKSTONE GROUP L     		    14 812  
    bENTERPRISE PRODS P     14 383  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,646,942  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,646,942
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THOMAS W PANGBORN
    EIN:
    52-6073332
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 7,029,664 6,691,214
    MUTUAL FUNDS - EQUITY AT COST 9,697,302 10,844,767
    PARTNERSHIPS AT COST 18,378 16,501
    MUTUAL FUNDS - ALTERNATIVE INV AT COST 1,204,021 1,185,462
    HEDGE FUNDS AT COST 124,685 147,539

    TY 2015 LegalFeesSchedule
    Name:
    THOMAS W PANGBORN
    EIN:
    52-6073332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 3,463     3,463


    TY 2015 OtherExpensesSchedule
    Name:
    THOMAS W PANGBORN
    EIN:
    52-6073332
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR SERVICE FEES 92 92   0
    PARTNERSHIP - EXPENSE   794   0


    TY 2015 OtherIncomeSchedule2
    Name:
    THOMAS W PANGBORN
    EIN:
    52-6073332
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BLACKSTONE GROUP LP THE 812 405  
    ENTERPRISE PRODS PARTNERS L P COM UNIT 383 -47  
    HATTERAS CORE ALTERNATIVES TEI INSTITUTI   7,602  


    TY 2015 OtherIncreasesSchedule
    Name:
    THOMAS W PANGBORN
    EIN:
    52-6073332
    Description Amount
    ROUNDING ADJ. FOR SALES & TRANSACTIONS 4


    TY 2015 TaxesSchedule
    Name:
    THOMAS W PANGBORN
    EIN:
    52-6073332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 543 543   0
    FEDERAL ESTIMATES - PRINCIPAL 12,150 0   0