Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
Arthur Vining Davis Foundation #2
 
Number and street (or P.O. box number if mail is not delivered to street address)225 Water Street Suite 1510
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Jacksonville, FL32202
A Employer identification number

25-6041850
B Telephone number (see instructions)

(904) 359-0670
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$83,437,109J 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 394,357 394,357  
4 Dividends and interest from securities... 1,451,622 1,451,622  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,357,527
b Gross sales price for all assets on line 6a 35,900,107
7 Capital gain net income (from Part IV, line 2)... 3,357,527
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 -2,405 -2,405  
12 Total. Add lines 1 through 11........ 5,201,101 5,201,101  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 272,065 110,585   161,480
14 Other employee salaries and wages...... 189,033 0   212,736
15 Pension plans, employee benefits....... 85,603 0   85,603
16a Legal fees (attach schedule)......... Click to see attachment 79,359 0   79,359
b Accounting fees (attach schedule)....... Click to see attachment 16,456 3,291   13,165
c Other professional fees (attach schedule).... Click to see attachment 51,564 0   51,564
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 119,989 0   18,243
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 39,304 0   39,304
21 Travel, conferences, and meetings....... 80,754 0   87,779
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 97,181 0   97,181
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,031,308 113,876   846,414
25 Contributions, gifts, grants paid....... 1,815,570 3,255,570
26 Total expenses and disbursements. Add lines 24 and 25 2,846,878 113,876   4,101,984
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,354,223
b Net investment income (if negative, enter -0-) 5,087,225
c Adjusted net income (if negative, enter -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......... 277,213 1,260,089 1,260,089
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.......... 8,420 30,728 30,728
10a Investments—U.S. and state government obligations (attach schedule) 8,223,811 Click to see attachment6,398,160 6,398,160
b Investments—corporate stock (attach schedule)....... 66,962,807 Click to see attachment62,508,573 62,508,573
c Investments—corporate bonds (attach schedule)....... 8,708,105 Click to see attachment8,461,733 8,461,733
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,141,556 Click to see attachment4,618,179 4,618,179
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment173,385 Click to see attachment159,647 Click to see attachment159,647
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 88,495,297 83,437,109 83,437,109
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................. 1,440,000  
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) Click to see attachment20,662 Click to see attachment48,408
23 Total liabilities (add lines 17 through 22)......... 1,460,662 48,408
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 87,034,635 83,388,701
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)..... 87,034,635 83,388,701
31 Total liabilities and net assets/fund balances (see instructions). 88,495,297 83,437,109
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
87,034,635
2
Enter amount from Part I, line 27a .....................
2
2,354,223
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
89,388,858
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6,000,157
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
83,388,701
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 Publicly traded securities P    
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 35,900,107   32,542,580 3,357,527
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       3,357,527
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 3,357,527
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 5,221,763 87,239,229 0.059856
2013 4,176,250 83,265,818 0.050156
2012 3,916,514 78,829,313 0.049683
2011 3,968,111 80,897,558 0.049051
2010 3,848,864 77,153,148 0.049886
2
Total of line 1, column (d) .....................
20.258632
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
0.051726
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
85,228,072
5
Multiply line 4 by line 3......................
5
4,408,507
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
50,872
7
Add lines 5 and 6........................
7
4,459,379
8
Enter qualifying distributions from Part XII, line 4.............
8
4,101,984
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 1 101,745
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........................... 3 101,745
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- ..... 5 101,745
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 101,338
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 101,338
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 319
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 726
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
 
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)
    bulletFL, PA
    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 addressbulletwww.avdf.org
    14
    The books are in care ofbulletOffice of the President Telephone no.bullet (904) 359-0670

    Located atbullet225 Water Street Suite 1510JacksonvilleFL ZIP+4bullet32202
    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
    JH Dow Davis Chairman
    5.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Caleb N Davis Trustee
    1.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Dr Christopher V Davis Trustee
    1.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Haley T Davis Trustee
    1.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Tamara Davis Trustee
    1.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Serena Davis Hall Trustee
    2.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Dorothy Davis Kee Trustee
    2.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Dr William Given Kee Trustee
    1.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Dr Jonathan T Howe Trustee
    1.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Alicia Jaworski Trustee
    1.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Nancy Cable President
    15.00     		101,935 26,336 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Bank of New York Mellon Corporation Corporate Trustee/Investment Manager
    1.00     		170,130 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Maynard K Davis Trustee
    1.00     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Hilary D Rosenthal term ended 215 Trustee
    0.25     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Jonathan P Davis term ended 215 Trustee
    0.25     		0 0 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    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
    Cheryl A Tupper VP for Programs (Rel
    15.00     		47,427 15,849 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    Doreen Flippin VP for Administratio
    15.00     		44,665 14,797 0
    225 Water Street Suite 1510
    Jacksonville,FL32202
    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.........................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
    85,493,724
    b
    Average of monthly cash balances.......................
    1b
    1,032,237
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    86,525,961
    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
    86,525,961
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,297,889
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    85,228,072
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,261,404
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    4,261,404
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    101,745
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    101,745
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,159,659
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,159,659
    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
    4,159,659
    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
    4,101,984
    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
    4,101,984
    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
    4,101,984
    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 4,159,659
    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...... 37,903
    b From 2011...... 20,423
    c From 2012...... 23,286
    d From 2013...... 104,589
    e From 2014...... 962,385
    fTotal of lines 3a through e........ 1,148,586
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 4,101,984
    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..... 4,101,984
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 57,675 57,675
    (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 1,090,911
    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) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		1,090,911
    10 Analysis of line 9:
    a Excess from 2011.... 651
    b Excess from 2012.... 23,286
    c Excess from 2013.... 104,589
    d Excess from 2014.... 962,385
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Dr Nancy Cable Arthur Vining Davis
    225 Water Street Suite 1510
    Jacksonville,FL32202
    (904) 359-0670
    bThe form in which applications should be submitted and information and materials they should include:
    Applicants should submit a simple statement describing the proposed project. A budget outline should also be appended. After evaluation of the initial proposal, further detailed information may be requested. Copies of audited financial statements for the past three years are normally requested. All proposals must come from the president or other primary executive of an institution. Applicants for Higher Education and Religion grants should also complete the Institutional Information form. Those applying for the Secondary Education and Health Care programs should see additional information provided in the respective program guidelines. Additional information is available on the Foundation's web page.
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The following activities/organizations are not supported by the Foundation: A) Institutions outside the U.S. and its possessions B) Assistance to individuals (except as chosen by a grantee institution under an organized scholarship program) C) Support for voter registration drives, voter education, efforts to influence elections or legislation D) Expenditures for non-charitable purposes E) Institutions primarily supported by governmental funds (except in health care and secondary education programs) F) Private foundations within sec. 509(A) of the 1969 Tax Reform Act
    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
    A Place to Turn Inc
    99 Hartford Street
    Natick,MA01760     		None Public charity Charitable purposes 4,000
    Adirondack Historical Association
    PO Box 99
    Blue Mountain Lake,NY12812     		None Public charity Charitable purposes 1,000
    Adopt A Village in Guatemala
    870 Roguelea Lane
    Grants Pass,OR97526     		None Public charity Charitable purposes 1,000
    Association of American Colleges & Universities
    1818 R St NW
    Washington,DC20009     		None Public charity Private higher education 200,000
    Boston University School of Theology
    25 Buick St
    Boston,MA02215     		None Public charity Religion 60,000
    Calvary United Methodist Church
    NY-30
    Long Lake,NY12847     		None Public charity Charitable purposes 1,000
    Center for Large Landscape Conservation
    PO Box 1587
    Bozeman,MT59771     		None Public charity Religious literacy & interfaith leadership 50,000
    Center for the Arts in Natick
    14 Summer Street
    Natick,MA01760     		None Public charity Charitable purposes 1,000
    Chesapeake Bay Foundation Inc
    6 Herndon Avenue
    Annapolis,MD21403     		None Public charity Charitable purposes 1,000
    Clara White Mission Inc
    613 W Ashley Street
    Jacksonville,FL32202     		None Public charity Charitable purposes 5,000
    Common Sense Media
    650 Townsend St Ste 435
    San Francisco,CA94103     		None Public charity Secondary education 150,000
    Communities in Schools of Jacksonville
    1 Riverside Ave
    Jacksonville,FL32202     		None Public charity Charitable purposes 20,000
    Community Foundation for Loudoun and Northern Fauquier Counties
    PO Box 342
    Leesburg,VA20178     		None Public charity Charitable purposes 6,500
    Dana Hall Schools
    PO Box 9010
    Wellesley,MA02482     		None Public charity Charitable purposes 3,000
    DePauw University
    PO Box 37
    Greencastle,IN46135     		None Public charity Private higher education 150,000
    Doctors Without Borders USA Inc
    333 7th Avenue Floor 2
    New York,NY10001     		None Public charity Charitable purposes 1,000
    Dominican School of Philosophy
    2301 Vine Street
    Berkeley,CA94708     		None Public charity Theological education 68,500
    Dublin School Inc
    18 Lehmann Way
    Dublin,NH03444     		None Public charity Charitable purposes 1,000
    Hartford Seminary
    77 Sherman St
    Hartford,CT06105     		None Public charity Theological education 130,000
    Harvard Divinity School
    45 Francis Avenue
    Cambridge,MA02138     		None Public charity Theological education 50,000
    Hockaday School
    11600 Welch Road
    Dallas,TX75229     		None Public charity Charitable purposes 500
    Hubbard House
    PO Box 4909
    Jacksonville,FL32201     		None Public charity Charitable purposes 750
    Inova Loudon Hospital Foundation
    44035 Riverside Parkway
    Leesburg,VA20176     		None Public charity Charitable purposes 2,500
    Jackson Laboratory
    600 Main Street
    Bar Harbor,ME04609     		None Public charity Secondary education 100,000
    Kenyon College
    Eaton Center
    Gambier,OH43022     		None Public charity Private higher education 100,000
    Kneisel Hall
    PO Box 648
    Blue Hill,ME04614     		None Public charity Charitable purposes 2,000
    Maine Community Foundation Inc
    245 Main Street
    Ellsworth,ME04605     		None Public charity Charitable purposes 10,000
    Marine Conservation Biology Institute
    4010 Stone Way N Ste 210
    Seattle,WA98103     		None Public charity Charitable purposes 6,000
    Massachusetts Audubon Society Inc
    208 S Great Road Gordon Hall
    Lincoln,MA01773     		None Public charity Charitable purposes 2,000
    McCormick Theological Seminary
    5460 S University Ave
    Chicago,IL60615     		None Public charity Theological education 100,000
    Meadville Lombard Theological
    610 S Michigan Ave
    Chicago,IL60605     		None Public charity Theological education 130,000
    Metairie Park Country Day School
    300 Park Road
    Metairie,LA70005     		None Public charity Secondary education 75,000
    Museum of Science & History
    1025 Museum Circle
    Jacksonville,FL32207     		None Public charity Charitable purposes 2,000
    Natural Resources Defense Council Inc
    40 W 20th Street
    New York,NY10011     		None Public charity Charitable purposes 6,000
    One-Eighty Place
    PO Box 20038
    Charleston,SC29413     		None Public charity Charitable purposes 2,000
    Pilgrim Church
    25 South Main Street
    Sherborn,MA01770     		None Public charity Charitable purposes 3,000
    Planned Parenthood Health Systems
    200 Rutledge Avenue
    Charleston,SC29403     		None Public charity Charitable purposes 1,000
    Preservation Society of Charleston
    147 King Street
    Charleston,SC29401     		None Public charity Charitable purposes 1,000
    Protestant Episcopal Diocese of Massachusetts
    138 Tremont Street
    Boston,MA02111     		None Public charity Charitable purposes 25,000
    Protestant Episcopal Theological Seminary in Virginia
    3737 Seminary Road
    Alexandria,VA22304     		None Public charity Theological education 13,000
    Randolph-Macon College
    PO Box 5005
    Ashland,VA23005     		None Public charity Private higher education 39,120
    Reading-West Windsor Food Shelf Inc
    PO Box 384
    Brownsville,VT05037     		None Public charity Charitable purposes 1,500
    Ripon College
    PO Box 54971
    Ripon,WI54971     		None Public charity Private higher education 27,500
    San Francisco Theological Seminary
    105 Seminary Road
    San Anselmo,CA94960     		None Public charity Theological education 50,000
    Seattle University School of Theology & Ministry
    901 12th Ave
    Seattle,WA98122     		None Public charity Theological education 50,000
    Slomin Family Center for Autism and Related Disabilities Inc
    16705 Puzzle Place
    Delray Beach,FL33446     		None Public charity Charitable purposes 1,000
    Spartanburg Methodist College
    1000 Powell Mill Road
    Spartanburg,SC29301     		None Public charity Charitable purposes 4,000
    St Anne's Episcopal Church Inc
    3098 Saint Annes Ln NW
    Atlanta,GA30327     		None Public charity Charitable purposes 3,000
    St Henry's Church - Long Lake Food Pantry
    1187 Main Street Route 30
    Long Lake,NY12847     		None Public charity Charitable purposes 1,000
    St Stephens Episcopal Church
    67 Anson Street
    Charleston,SC29401     		None Public charity Charitable purposes 3,000
    The Aspen Institute
    PO Box 222
    Queenstown,MD21658     		None Public charity Charitable purposes 300,000
    The Fred Rogers Company
    4802 Fifth Avenue
    Pittsburgh,PA15206     		None Public charity Public television 200,000
    Thomas Jefferson Foundation
    PO Box 316
    Charlottesville,VA22902     		None Public charity Secondary education 200,000
    United Theological Seminary of the Twin Cities
    3000 5th Street NW
    New Brighton,MN55112     		None Public charity Theological education 41,200
    University of Buffalo
    PO Box 900
    Buffalo,NY14226     		None Public charity Secondary education 2,000
    University of North Florida Foundation Inc
    1 UNF Drive Hicks Hall Suite 2900
    Jacksonville,FL32224     		None Public charity Secondary education 10,000
    University of Notre Dame
    400 Main Building
    Notre Dame,IN46556     		None Public charity Private higher education 200,000
    Virginia Foundation for the Humanities and Public Policy
    145 Ednam Drive
    Charlottesvle,VA22903     		None Public charity Charitable purposes 1,000
    Visayas-Mindanao Association of Jacksonville Inc
    8275 Hamden Circle E
    Jacksonville,FL32244     		None Public charity Charitable purposes 5,000
    Walk with Jordan Scholarship Foundation
    1432 Brentwood Drive
    Marietta,GA30062     		None Public charity Charitable purposes 2,000
    WETA
    3939 Campbell Avenue
    Arlington,VA22206     		None Public charity Public television 500,000
    Wild Walk at the Wild Center
    45 Museum Drive
    Tupper Lake,NY12986     		None Public charity Charitable purposes 3,000
    Wooden Canoe Heritage Association LTD
    103 Old White Mountain Camp Rd
    Tamworth,NH03886     		None Public charity Charitable purposes 1,000
    World Wildlife Fund Inc
    1250 24th Street NW
    Washington,DC20037     		None Public charity Charitable purposes 1,000
    Xeroderma Pigmentosum Family Support Group
    10259 Atlantis Drive
    Elk Grove,CA95624     		None Public charity Charitable purposes 1,500
    Yale School of Forestry & Environment
    PO Box 2038
    New Haven,CT06521     		None Public charity Charitable purposes 2,000
    Yale University Divinity School
    PO Box 208239
    New Haven,CT06520     		None Public charity Theological education 120,000
    Total .................................bullet 3a 3,255,570
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 394,357  
    4 Dividends and interest from securities....     14 1,451,622  
    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 3,357,527  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aMiscellaneous income (loss)     		    01 -2,405  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 5,201,101 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    135,201,101
    (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 AccountingFeesSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Auditing & tax advisory services 16,456 3,291   13,165

    TY 2015 GeneralExplanationAttachment
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Identifier Return Reference Explanation
      Form 990-PF, Part VIII, Line 1, Column b - Corporate Trustee Avrg Hrs/Wk As Corporate Trustee, BNY Mellon, N.A. provides administrative services such as acting as investment manager for the Foundation. These services require numerous individual bank employees' involvement in the activities of the Foundation and thus cannot be quantified on an hourly basis. Therefore, the Trustee's fees are not based upon an hourly basis but are calculated based upon factors such as the market value of the account and in accordance with the Trustee's agreement with the Foundation.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Name of Bond End of Year Book Value End of Year Fair Market Value
    A.B.B. FINANCE USA INC DTD 5/8/2012 1.625% 5/8/2017 120,080 120,080
    AT&T INC DTD 4/29/2011 4.45% 5/15/2021 133,044 133,044
    ABBVIE INC DTD 5/14/2015 1.8% 5/14/2018 79,632 79,632
    ACTAVIS FUNDING SCS DTD 3/12/2015 3.45% 3/15/2022 80,087 80,087
    ADOBE SYSTEMS INC DTD 2/1/2010 4.75% 2/1/2020 146,209 146,209
    AMAZON.COM INC DTD 12/5/2014 2.6% 12/5/2019 126,960 126,960
    AMERICAN EXPRESS CREDIT DTD 7/31/2015 1.8% 7/31/2018 114,794 114,794
    AMERICAN HONDA FINANCE DTD 7/15/2014 1.2% 7/14/2017 59,735 59,735
    AMGEN INC DTD 1/16/2009 5.7% 2/1/2019 66,144 66,144
    ANHEUSER-BUSCH INBEV WOR DTD 7/16/2012 1.375% 7/15/2017 89,700 89,700
    APACHE CORP DTD 4/9/2012 3.25% 4/15/2022 47,622 47,622
    APPLE INC DTD 5/13/2015 2% 5/6/2020 109,886 109,886
    ASTRAZENECA PLC DTD 9/12/2007 5.9% 9/15/2017 128,525 128,525
    AUTOMATIC DATA PROCESSING DTD 9/15/2015 2.25% 9/15/2020 70,265 70,265
    BP CAP MKTS P L C DTD 3/10/2009 4.75% 3/10/2019 101,585 101,585
    BANK OF AMERICA CORP DTD 10/22/2013 2.6% 1/15/2019 90,293 90,293
    BANK OF AMERICA CORP DTD 4/21/2015 3.95% 4/21/2025 111,984 111,984
    BANK OF MONTREAL DTD 4/10/2015 1.4% 4/10/2018 84,216 84,216
    BOSTON PROPERTIES LP DTD 11/10/2011 3.7% 11/15/2018 150,210 150,210
    BRITICH TELECOM PLC DTD 2/14/2014 1.25% 2/14/2017 89,575 89,575
    BURLINGTON NORTHN SANTA F DTD 4/13/2007 5.65% 5/1/2017 110,425 110,425
    C V S CAREMARK CORP DTD 8/12/2014 2.25% 8/12/2019 79,894 79,894
    CATERPILLAR FINANCIAL SE DTD 6/9/2014 2.1% 6/9/2019 125,406 125,406
    CISCO SYSTEMS DTD 03/03/2014 2.125% 03/01/2019 136,158 136,158
    CITIGROUP INC DTD 7/29/2014 2.5% 7/29/2019 204,690 204,690
    CITIZENS FINANCIAL GROUP DTD 12/3/2015 4.3% 12/3/2025 115,605 115,605
    COCA-COLA CO/THE DTD 3/5/2013 1.15% 4/1/2018 59,831 59,831
    COMERICA BANK DTD 8/22/2005 5.2% 8/22/2017 83,926 83,926
    DIAGEO CAPITAL PLC DTD 5/11/2012 1.5% 5/11/2017 99,948 99,948
    DOW CHEMICAL CO/THE DTD 11/9/2010 4.25% 11/15/2020 87,929 87,929
    DR PEPPER SNAPPLE GROUP DTD 11/15/2011 2.6% 1/15/2019 130,728 130,728
    DUKE ENERGY CAROLINAS DTD 12/8/2011 1.75% 12/15/2016 50,276 50,276
    EMC CORP DTD 6/6/2013 1.875% 6/1/2018 107,304 107,304
    ENTERPRISE PRODUCTS OPER DTD 10/14/2014 2.55% 10/15/2019 57,523 57,523
    FIDELITY NATIONALINFORM DTD 6/3/2014 3.875% 6/5/2024 101,346 101,346
    FISERV INC DTD 5/22/2015 3.85% 6/1/2025 104,848 104,848
    FORD MOTOR CREDIT CO LLC DTD 6/12/2012 3% 6/12/2017 111,069 111,069
    GENERAL ELEC CAP CORP DTD 2/11/2011 5.3% 2/11/2021 84,572 84,572
    GLAXOSMITHKLINE CAP INC DTD 5/13/2008 5.65% 5/15/2018 130,786 130,786
    GOLDMAN SACHS GROUP INC DTD 1/31/2014 2.625% 1/31/19 156,108 156,108
    GRUPO TELEVISA SAB DTD 5/12/2008 6% 5/15/2018 128,484 128,484
    HSBC FINANCE CORP DTD 7/15/2011 6.676% 1/15/2021 195,106 195,106
    HALLIBURTON CO DTD 11/13/2015 3.375% 11/15/2022 49,207 49,207
    HYDRO-QUEBEC DTD 6/30/2011 2% 6/30/2016 75,401 75,401
    HYUNDAI AUTO RECEIVABLES TRUST PASSTHRU CTF DTD 7/19/2012 1.95% 10/15/2018 S 120,088 120,088
    INTEL CORP DTD 12/11/2012 1.35% 12/15/2017 150,200 150,200
    INTERCONTINENTALEXCHANGE DTD 11/24/2015 2.75% 12/1/2020 124,969 124,969
    JP MORGAN CHASE & CO DTD 5/1/2013 3.375% 5/1/2023 147,423 147,423
    KROGER CO/THE DTD 12/23/2013 2.3% 1/15/2019 105,275 105,275
    MACYS RETAIL HLDGS INC DTD 12/10/2015 3.45% 1/15/2021 74,591 74,591
    MCDONALD'S CORP DTD 10/18/2007 5.8% 10/15/2017 96,088 96,088
    METLIFE INC DTD 5/29/2009 6.75% 6/1/2016 92,062 92,062
    MICROSOFT CORP DTD 11/3/2015 3.125% 11/3/2025 115,611 115,611
    MORGAN STANLEY DTD 10/23/12 4.875% 11/1/22 159,188 159,188
    NBC UNIVERSAL MEDIA LLC DTD 4/1/2011 4.375% 4/1/2021 146,641 146,641
    NOVA SCOTIA PROVINCE DTD 1/26/2007 5.125% 1/26/2017 93,658 93,658
    ONTARIO (PROVINCE OF) DTD 10/7/2009 4% 10/7/2019 144,624 144,624
    ORCALE CORP DTD 5/5/2015 2.5% 5/15/2022 142,319 142,319
    PETROBRAS GLOBAL FINANCE DTD 1/27/2011 3.875% 1/27/2016 119,520 119,520
    PETROLEOS MEXICANOS DTD 7/24/2012 4.875% 1/24/2022 120,313 120,313
    PFIZER INC DTD 3/24/2009 6.2% 3/15/2019 84,375 84,375
    QUALCOMM INC DTD 5/20/2015 2.25% 5/20/2020 74,271 74,271
    RABOBANK NEDERLAND NY DTD 3/19/2013 1.7% 3/19/2018 129,934 129,934
    ROYAL BANK OF CANADA DTD 9/19/2012 1.20% 9/19/2017 59,716 59,716
    SANTANDER DRIVE AUTO RECEIVABLES TR PASSTHRU CTF DTD 11/20/2013 1.55% 10/15/ 59,279 59,279
    SANTANDER HOLDINGS USA DTD 4/17/2015 2.65% 4/17/2020 83,391 83,391
    SANTANDER DRIVE AUTO RECEIVABLES TRUST PASSTHRU CTF DTD 5/16/2012 3.27% 4/16 78,625 78,625
    SOCIETE GENERALE DTD 10/1/2013 2.625% 10/1/2018 85,940 85,940
    SOUTHWESTERN ENERGY CO DTD 1/23/2015 4.95% 1/23/2025 31,500 31,500
    SPECTRA ENERGY PARTNERS DTD 3/12/2015 3.5% 3/15/2025 43,735 43,735
    TELEFONICA EMISIONES SAU DTD 2/16/2011 3.992% 2/16/2016 135,371 135,371
    THOMSON REUTERS CORP DTD 9/29/2014 1.65% 9/29/2017 79,589 79,589
    TIME WARNER INC DTD 10/17/2011 4% 1/15/2022 155,403 155,403
    TOYOTA MOTOR CREDIT CORP DTD 1/17/2014 2.1% 1/17/2019 105,221 105,221
    21ST CENTY FOX AMER INC DTD 9/14/2012 3% 09/15/2022 137,959 137,959
    UNITED TECHNOLOGIES CORP DTD 12/18/2005 6.125% 2/1/2019 66,911 66,911
    UNITEDHEALTH GROUP INC DTD 7/23/2015 1.9% 7/16/2018 75,226 75,226
    VERIZON COMMUNICATIONS DTD 9/18/2013 5.15% 9/15/2023 192,383 192,383
    WAL-MART STORES INC DTD 7/8/2010 3.625% 7/8/2020 160,494 160,494
    WASTE MANAGEMENTINC DTD 2/26/2015 3.125% 3/1/2025 82,724 82,724

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC 23,055 23,055
    ABBOTT LABORATORIES 168,862 168,862
    AFFILIATED MANAGERS GROUP INC 102,087 102,087
    AGILENT TECHNOLOGIES INC 139,227 139,227
    AIR PRODUCTS & CHEMICALS INC 25,892 25,892
    ALLISON TRANSMISSION HOLDINGS, INC. 48,932 48,932
    ALLSTATE CORP 27,320 27,320
    ALPHABET, INC. 274,715 274,715
    ALPHABET, INC. 280,862 280,862
    ALTRIA GROUP INC 242,736 242,736
    AMAZON.COM INC 55,423 55,423
    AMERICAN EXPRESS COMPANY 22,952 22,952
    AMGEN INC 242,846 242,846
    ANALOG DEVICES INC 29,873 29,873
    ANTHEM INC. 157,986 157,986
    APPLE INC 611,982 611,982
    BNY MELLON INTERNATIONAL FUND 886,897 886,897
    BANK OF AMERICA CORPORATION 255,809 255,809
    BED BATH & BEYOND INC 94,570 94,570
    BERKSHIRE HATHAWAY INC DEL CL B 246,123 246,123
    BIOGEN IDEC INC 45,646 45,646
    THE BOEING COMPANY 169,026 169,026
    CIGNA CORP 90,871 90,871
    CVS HEALTH CORPORATION 239,732 239,732
    CAMERON INTERNATIONAL CORPORATION 67,624 67,624
    CARNIVAL CORP 29,419 29,419
    CELGENE CORP 24,431 24,431
    CENTURYTEL INC 104,917 104,917
    CHARLES RIV LABORATORIES INTL INC 32,156 32,156
    CITIGROUP INC 242,190 242,190
    CITRIX SYS INC 130,875 130,875
    COCA-COLA ENTERPRISES INC 32,498 32,498
    COMCAST CORP CL A 142,768 142,768
    CROWN HLDGS INC 47,658 47,658
    DFA EMERGING MARKETS CORE EQUITY FUNDS 1,190,985 1,190,985
    D S T SYS INC DEL 37,298 37,298
    DARDEN RESTAURANTS INC 111,370 111,370
    DELTA AIR LINES INC 71,473 71,473
    DENTSPLY INTERNATIONAL INC 97,360 97,360
    THE WALT DISNEY COMPANY 254,189 254,189
    DOLLAR GENERAL CORP 46,716 46,716
    DOW CHEMICAL CO 63,320 63,320
    DREYFUS BASIC S&P 500 STOCK INDEX FUND 2,914,268 2,914,268
    DREYFUS GLOBAL REAL ESTATE SECURITIES FUND 992,616 992,616
    DREYFUS OPPORTUNISTIC SMALL CAP FUND 381,116 381,116
    DREYFUS/NEWTON INTERNATIONAL EQUITY FUND 754,123 754,123
    EBAY INC 29,678 29,678
    ELECTRONIC ARTS INC 162,179 162,179
    EXPRESS SCRIPTS HOLDINGS, INC. 105,766 105,766
    EXXON MOBIL CORP 376,265 376,265
    FACEBOOK INC. 37,678 37,678
    FIDELITY NATIONAL INFORMATION SERVICES, INC. 31,512 31,512
    FIRSTENERGY CORP 127,555 127,555
    FRANKLIN RES INC 103,096 103,096
    GENERAL DYNAMICS CORPORATION 152,744 152,744
    GENERAL ELECTRIC COMPANY 82,236 82,236
    GENERAL GROWTH PROPERTIES 136,322 136,322
    GILEAD SCIENCES INC 251,457 251,457
    H C A HOLDINGS INC 99,416 99,416
    HOLOGIC INC 118,391 118,391
    HOME DEPOT INC 266,352 266,352
    HONEYWELL INTL INC 50,749 50,749
    HOST HOTELS & RESORTS INC 106,460 106,460
    ILLINOIS TOOL WKS INC 41,706 41,706
    INTEL CORP 73,379 73,379
    INTERNATIONAL BUSINESS MACHINES CORPORATION 209,595 209,595
    INTUIT 62,725 62,725
    ISHARES DJ SELECT DIVIDEND INDEX FUND 5,626,481 5,626,481
    ISHARES RUSSELL 2000 INDEX FUND 2,749,279 2,749,279
    JP MORGAN CHASE & CO 320,179 320,179
    JETBLUE AWYS CORP 93,771 93,771
    JOHNSON & JOHNSON 334,148 334,148
    KROGER CO 61,072 61,072
    ESTEE LAUDER COMPANIES CLASS A 141,777 141,777
    LOWE'S COMPANIES INC 211,391 211,391
    MARATHON PETROLEUM CORP 132,192 132,192
    MERCK & CO INC 219,203 219,203
    METTLER-TOLEDO INTL INC 122,087 122,087
    MICROSOFT CORPORATION 213,043 213,043
    MOODYS CORP 41,139 41,139
    THE MOSAIC COMPANY 79,735 79,735
    N C R CORP NEW 106,401 106,401
    NEXTERA ENERGY INC 156,978 156,978
    OLD DOMINION FGHT LINE 39,577 39,577
    OWENS CORNING INC 112,872 112,872
    PACCAR INC 43,608 43,608
    PEPSICO INC 247,602 247,602
    PFIZER INC 295,588 295,588
    POST PROPERTIES INC 31,355 31,355
    T ROWE PRICE GROUP INC 122,963 122,963
    THE PROCTER & GAMBLE COMPANY 212,819 212,819
    PRUDENTIAL FINANCIAL INC 153,051 153,051
    PUBLIC STORAGE INC REIT 170,170 170,170
    RELIANCE STEEL & ALUMINUM 31,271 31,271
    ROCKWELL AUTOMATION INC 51,202 51,202
    MIDCAP SPDR TRUST SERIES 1 STANDARD & POOR'S MIDCAP 400 7,578,013 7,578,013
    SCHLUMBERGER LTD 153,101 153,101
    SERVICEMASTER GLOBAL HOLDINGS INC. 57,683 57,683
    SIMON PROPERTY GROUP INC REIT 31,694 31,694
    SOUTHWEST AIRLS CO 168,795 168,795
    SPIRIT AEROSYSTEMS HOLDING INC 110,154 110,154
    DREYFUS SELECT MANAGERS SMALL CAP GROWTH FUND 818,497 818,497
    DREYFUS INTERNATIONAL STOCK FUND 1,244,276 1,244,276
    DREYFUS SELECT MANAGERS SMALL CAP VALUE FUND 825,937 825,937
    TARGET CORP 146,672 146,672
    TAUBMAN CENTERS INC 118,916 118,916
    TESORO CORPORATION 146,991 146,991
    TEXAS INSTRUMENTS INC 86,052 86,052
    3M CO 100,025 100,025
    TIME WARNER INC 125,460 125,460
    THE TRAVELERS COMPANIES INC 157,778 157,778
    TWENTY-FIRST CENTURY FOX, INC. 130,911 130,911
    UNION PAC CORP 137,476 137,476
    VALERO ENERGY CORP NEW 173,240 173,240
    VANGUARD MEGA CAP 300 ETF 8,473,050 8,473,050
    VANGUARD EUROPE PACIFIC ETF 3,323,527 3,323,527
    VANGUARD EMERGING MARKETS ETF 568,173 568,173
    VERISIGN INC 58,531 58,531
    VERIZON COMMUNICATIONS INC 272,698 272,698
    VISA INC-CLASS A SHRS 281,351 281,351
    VIRTUS EMERGING MARKETS OPPORTUNITY FUND 637,669 637,669
    VISTEON CORP/NEW 66,296 66,296
    WADDELL & REED FINANCIAL INC CLASS A 44,423 44,423
    WAL MART STORES INC 188,804 188,804
    WELLS FARGO & COMPANY 204,394 204,394
    WEX INC 34,476 34,476
    WYNDHAM WORLDWIDE CORPORATION 124,958 124,958
    ZOETIS INC 29,710 29,710
    ACCENTURE PLC 188,100 188,100
    BUNGE LIMITED 90,130 90,130
    LYONDELLBASELL INDUSTRIES NV 156,420 156,420
    DREYFUS FLOATING RATE INCOME FUND 2,812,938 2,812,938
    T ROWE PRICE HIGH YIELD FD INC COM 2,488,848 2,488,848
    TCW EMERGING MARKETS INCOME FUND-I 912,542 912,542
    ASG GLOBAL ALTERNATIVES FUND-Y 2,240,855 2,240,855

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    US Government Securities - End of Year Book Value:

    6,398,160
    US Government Securities - End of Year Fair Market Value:

    6,398,160
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2015 InvestmentsOtherSchedule2
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ADVANTAGE DYNAMIC TOTAL RETURN FUND FMV 1,685,662 1,685,662
    N T I - V S & A COMM II LP FMV 0 0
    ALTA V LP FMV 3,321 3,321
    OPTIMA FUND LIMITED OFF-SHORE MULTI-MANAGER FMV 2,929,196 2,929,196
    LIABILITY V S & A COMM II FMV 0 0

    TY 2015 LegalFeesSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal fees 79,359 0   79,359


    TY 2015 OtherAssetsSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Accrued interest and dividends 173,385 159,647 159,647


    TY 2015 OtherDecreasesSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Description Amount
    Unrealized gains/(losses) on securities 6,000,157


    TY 2015 OtherExpensesSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Computer equipment & maintenance 20,319 0   20,319
    Communications 3,483 0   3,483
    Office supplies 6,095 0   6,095
    Insurance expense 5,100 0   5,100
    Dues and subscriptions 1,267 0   1,267
    Office equipment 7,788 0   7,788
    Professional development 4,496 0   4,496
    Miscellaneous 889 0   889
    Trustee strategic planning 33,670 0   33,670
    Organizational memberships 11,722 0   11,722
    Payroll processing 555 0   555
    Outreach 1,797 0   1,797


    TY 2015 OtherIncomeSchedule2
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Miscellaneous income (loss) 0 -2,405 0
    Miscellaneous income (loss) -2,405   -2,405


    TY 2015 OtherLiabilitiesSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Description Beginning of Year - Book Value End of Year - Book Value
    Federal excise tax payable 20,662 48,408


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment management fees 0 0   0
    Other professional fees 51,564 0   51,564


    TY 2015 TaxesSchedule
    Name:
    Arthur Vining Davis Foundation #2
    EIN:
    25-6041850
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal excise tax 101,746 0   0
    Payroll taxes 18,243 0   18,243