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
WHISPERING BELLS FOUNDATION
C/O RSM US LLP
Number and street (or P.O. box number if mail is not delivered to street address)1185 AVENUE OF THE AMERICAS
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10036
A Employer identification number

13-6962126
B Telephone number (see instructions)

(212) 372-1210
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$1,517,505J 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) 711,056
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 15 15  
4 Dividends and interest from securities... 22,560 22,560  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,680
b Gross sales price for all assets on line 6a 282,683
7 Capital gain net income (from Part IV, line 2)... 15,680
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).......      
12 Total. Add lines 1 through 11........ 749,311 38,255  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,482 201   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 5,918 5,543   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,400 5,744   0
25 Contributions, gifts, grants paid....... 477,800 477,800
26 Total expenses and disbursements. Add lines 24 and 25 488,200 5,744   477,800
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 261,111
b Net investment income (if negative, enter -0-) 32,511
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......... 172,681 246,979 246,979
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..........      
10a Investments—U.S. and state government obligations (attach schedule) 279,245 Click to see attachment362,144 354,354
b Investments—corporate stock (attach schedule)....... 749,025 Click to see attachment846,585 916,172
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,200,951 1,455,708 1,517,505
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 1,200,951 1,455,708
30 Total net assets or fund balances (see instructions)..... 1,200,951 1,455,708
31 Total liabilities and net assets/fund balances (see instructions). 1,200,951 1,455,708
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
1,200,951
2
Enter amount from Part I, line 27a .....................
2
261,111
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,500
4
Add lines 1, 2, and 3 ..........................
4
1,465,562
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
9,854
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,455,708
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   2015-12-31 2015-12-31
b PUBLICLY TRADED SECURITIES   2015-12-31 2015-12-31
c CAPITAL GAINS DIVIDENDS P    
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 68,817   80,021 -11,204
b 200,652   186,982 13,670
c 13,214     13,214
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       -11,204
b       13,670
c       13,214
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 15,680
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 484,400 1,309,092 0.370027
2013 663,250 1,253,109 0.529284
2012 260,300 1,047,203 0.248567
2011 638,250 849,433 0.751384
2010 639,457 859,918 0.743626
2
Total of line 1, column (d) .....................
22.642888
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
0.528578
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,290,884
5
Multiply line 4 by line 3......................
5
682,333
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
325
7
Add lines 5 and 6........................
7
682,658
8
Enter qualifying distributions from Part XII, line 4.............
8
477,800
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 1 650
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........................... 3 650
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- ..... 5 650
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 1,600
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 1,600
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 4
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 946
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet946 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$ 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)
    bulletNY
    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 ofbulletJOHN MCPARLAND Telephone no.bullet (212) 372-1210

    Located atbulletRSM US LLP 1185 6TH AVENUENEW YORKNY ZIP+4bullet10036
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CAROLAN WORKMAN TRUSTEE
    0.50     		0 0 0
    C/O RSM US LLP 1185 6TH AVENUE
    NEW YORK,NY10036
    EDWARD KLAGSBRUN TRUSTEE
    0.50     		0 0 0
    C/O RSM US LLP 1185 6TH AVENUE
    NEW YORK,NY10036
    ELIZABETH WORKMAN PRES/TRUSTEE
    1.50     		0 0 0
    C/O RSM US LLP 1185 6TH AVENUE
    NEW YORK,NY10036
    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.........................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
    1,153,930
    b
    Average of monthly cash balances.......................
    1b
    156,612
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,310,542
    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
    1,310,542
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    19,658
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,290,884
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    64,544
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    64,544
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    650
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    650
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    63,894
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    3,500
    5
    Add lines 3 and 4............................
    5
    67,394
    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
    67,394
    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
    477,800
    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
    477,800
    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
    477,800
    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 67,394
    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...... 597,271
    b From 2011...... 593,814
    c From 2012...... 208,522
    d From 2013...... 602,332
    e From 2014...... 420,373
    fTotal of lines 3a through e........ 2,422,312
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 477,800
    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..... 67,394
    e Remaining amount distributed out of corpus 410,406
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,832,718
    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) ...     		597,271
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		2,235,447
    10 Analysis of line 9:
    a Excess from 2011.... 593,814
    b Excess from 2012.... 208,522
    c Excess from 2013.... 602,332
    d Excess from 2014.... 420,373
    e Excess from 2015.... 410,406
    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).)
    CAROLAN WORKMAN
    ELIZABETH WORKMAN
    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
    ABC (A BETTER CHANCE) OF WILTON
    6 GODFREY PLACE
    WILTON,CT06897     		NONE PC CHARITABLE 300
    ACLU
    125 BROAD STREET 18TH FLOOR
    NEW YORK,NY10004     		NONE PC CHARITABLE 30,000
    ACTION AGAINST HUNGER
    247 WEST 37TH STREET 10TH FLOOR
    NEW YORK,NY10018     		NONE PC CHARITABLE 2,000
    AMBLER FARM
    PO BOX 7442
    WILTON,CT06897     		NONE PC CHARITABLE 250
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 CHERRY ST
    PHILADELPHIA,PA19102     		NONE PC CHARITABLE 2,000
    AMNESTY INTERNATIONAL
    5 PENN PLAZA
    NEW YORK,NY10001     		NONE PC CHARITABLE 3,500
    ANTI DEFAMATION LEAGUE (ADL)
    605 THIRD AVENUE
    NEW YORK,NY10158     		NONE PC CHARITABLE 25,000
    ASPCA
    424 E 92ND STREET
    NEW YORK,NY10128     		NONE PC CHARITABLE 1,000
    ASSOCIATION TO BENEFIT CHILDREN
    419 EAST 86TH STREET
    NEW YORK,NY10028     		NONE PC CULTURAL 100
    BRONX DEFENDERS
    360 EAST 161ST STREET
    BRONX,NY10451     		NONE PC CHARITABLE 500
    BROOKLYN BOTANICAL GARDENS
    1000 WASHINGTON AVENUE
    BROOKLYN,NY11225     		NONE PC CHARITABLE 500
    BROOKLYN PUBLIC LIBRARY
    10 GRAND ARMY PLAZA
    BROOKLYN,NY11238     		NONE PC CHARITABLE 400
    C CAP
    505 EIGHTH AVENUE SUITE 1400
    NEW YORK,NY10018     		NONE PC CHARITABLE 6,000
    CANCER CARE
    275 SEVENTH AVENUE 22ND FLOOR
    NEW YORK,NY10001     		NONE PC CHARITABLE 300
    CARE USA
    PO BOX 7039
    MERRIFIELD,VA22116     		NONE PC CHARITABLE 300
    CHESS IN THE SCHOOLS
    520 EIGHT AVENUE 2ND FLOOR
    NEW YORK,NY10018     		NONE PC CHARITABLE 300
    CHILDREN & NATURE NETWORK
    808 14TH AVENUE SE
    MINNEAPOLIS,MN55414     		NONE PC CHARITABLE 1,000
    CITY HARVEST
    6 EAST 32ND ST 5TH FLOOR
    NEW YORK,NY10016     		NONE PC CHARITABLE 9,000
    COLUMBIA UNIVERSITY MEDICAL CENTER
    100 HAVEN AVE 29D
    NEW YORK,NY10032     		NONE PC CHARITABLE 2,000
    COMMON CAUSE
    1133 19TH STREET NW 9TH FLOOR
    WASHINGTON,DC20036     		NONE PC CHARITABLE 1,000
    COMMUNITY SUPPORT SYSTEM
    PO BOX 206
    AQUASCO,MD20608     		NONE PC CHARITABLE 7,500
    CONGRESSIONAL MEDAL OF HONOR FOUNDATION
    1501 LEE HIGHWAY SUITE 300
    ARLINGTON,VA22209     		NONE PC CHARITABLE 10,000
    CONSERVATORS CENTER
    PO BOX 882
    MEBANE,NC27302     		NONE PC CHARITABLE 1,200
    CT FOOD BANK
    PO BOX 8686
    NEW HAVEN,CT06531     		NONE PC CHARITABLE 300
    CT HUMANE SOCIETY
    701 RUSSELL ROAD
    NEWINGTON,CT06111     		NONE PC CHARITABLE 300
    CURREY INGRAM ACADEMY
    6544 MURRAY LANE
    BRENTWOOD,TN37027     		NONE PC CHARITABLE 2,000
    DALTON SCHOOL
    108 EAST 89TH STREET
    NEW YORK,NY10128     		NONE PC EDUCATIONAL 5,000
    DEERFIELD
    PO BOX 87
    DEERFIELD,MA01342     		NONE PC CHARITABLE 5,000
    DIFFA (DESIGN INDUSTRIES FOUNDATION FIGHTING AIDS)
    200 LEXINTON AVENUE RM 707
    NEW YORK,NY10016     		NONE PC CHARITABLE 1,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE 2ND FLOOR
    NEW YORK,NY10001     		NONE PC CHARITABLE 8,500
    DOROT
    171 WEST 85TH STREET
    NEW YORK,NY10024     		NONE PC CHARITABLE 300
    FAIR CHANCE
    2001 S STREET NW SUITE 310
    WASHINGTON,DC20015     		NONE PC CHARITABLE 500
    FOOD BANK NY
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10006     		NONE PC CHARITABLE 500
    FOOTSTEPS
    114 JOHN STREET 930
    NEW YORK,NY10272     		NONE PC CHARITABLE 2,000
    FOSTER PRIDE
    250 WEST 94TH STREET 6F
    NEW YORK,NY10025     		NONE PC CHARITABLE 600
    FRIENDS IN DEED
    1 PENN PLAZA SUITE 6173
    NEW YORK,NY10119     		NONE PC CHARITABLE 250
    GMHC (GAY MEN'S HEALTH CRISIS)
    446 WEST 33RD ST
    NEW YORK,NY10001     		NONE PC CHARITABLE 2,000
    GOD'S LOVE WE DELIVER
    630 FLUSHING AVENUE 7TH FLOOR
    BROOKLYN,NY11206     		NONE PC CHARITABLE 500
    GODDARD-RIVERSIDE COMMUNITY CENTER
    593 COLUMBUS AVENUE
    NEW YORK,NY10024     		NONE PC CULTURAL 90,000
    GRAHAM WINDAM
    33 IRVING PLACE
    NEW YORK,NY10003     		NONE PC CHARITABLE 2,000
    GREENPEACE
    702 H STREET NW SUITE 300
    WASHINGTON,DC20001     		NONE PC CHARITABLE 1,000
    GREENWICH VILLAGE SOCIETY FOR HISTORIC PRESERVATION
    232 EAST 11TH ST
    NEW YORK,NY10003     		NONE PC CHARITABLE 500
    HABITAT FOR HUMANITY
    121 HABITAT ST
    AMERICAS,GA31709     		NONE PC CHARITABLE 5,000
    HEIFER INTERNATIONAL
    1 WORLD AVENUE
    LITTLE ROCK,AR72202     		NONE PC CHARITABLE 1,000
    HELP MALAWI (JABULANI SCHOOL)
    1836 WEST 25TH S 3B
    CLEVELAND,OH44113     		NONE PC EDUCATIONAL 4,000
    HENRY STREET SETTLEMENT
    265 HENRY STREET
    NEW YORK,NY10002     		NONE PC CHARITABLE 300
    HOLY APOSTLES SOUP KITCHEN
    296 9TH AVENUE
    NEW YORK,NY10001     		NONE PC CHARITABLE 300
    HUMAN RIGHTS WATCH
    350 FIFTH AVE 34TH FLOOR
    NEW YORK,NY10118     		NONE PC CHARITABLE 30,000
    HUMANE SOCIETY NYC
    306 E 59TH STREET
    NEW YORK,NY10022     		NONE PC CHARITABLE 200
    INOVA LIFE WITH CANCER
    8110 GATEHOUSE RD 200 EAST
    FALLS CHURCH,VA22042     		NONE PC CHARITABLE 1,000
    INTERNATIONAL RESQUE COMMITTEE
    PO BOX 6068
    ALBERT LEA,MN56007     		NONE PC CHARITABLE 3,000
    ISSUE ONE (FORMERLY AMERICAN FOR CAMPAIGN REFORM)
    11 DUPONT CIRCLE SUITE 350
    WASHINGTON,DC20036     		NONE PC CHARITABLE 1,000
    JEWISH FOUNDATION FOR THE RIGHTEOUS
    305 7TH AVENUE 19TH FLOOR
    NEW YORK,NY10001     		NONE PC CHARITABLE 250
    KEEP A CHILD ALIVE
    11 HANOVER SQUARE 14TH FLOOR
    NEW YORK,NY10005     		NONE PC CHARITABLE 1,300
    LABSHUL
    125 MAIDEN LANE 8B
    NEW YORK,NY10038     		NONE PC CHARITABLE 3,000
    LIGHTHOUSE GUILD INTERNATIONAL
    111 E 89TH ST
    NEW YORK,NY10022     		NONE PC CHARITABLE 500
    LONG WHARF
    222 SARGENT DRIVE
    NEW HAVEN,CT06511     		NONE PC CHARITABLE 250
    MALARIA FUND
    1201 CONNECTICUT AVE NW SUITE 300
    WASHINGTON,DC20036     		NONE PC CHARITABLE 500
    MALARIA NO MORE
    432 PARK AVENUE SOUTH 4TH FLOOR
    NEW YORK,NY10016     		NONE PC CHARITABLE 2,000
    MEALS ON WHEELS OF WILTON
    PO BOX 1125
    WILTON,CT06897     		NONE PC CHARITABLE 250
    MEALS ON WHEELS
    413 N LEE STREET
    ALEXANDRIA,VA22314     		NONE PC CHARITABLE 500
    MEMORIAL SLOAN KETTERING
    PO BOX 27105
    NEW YORK,NY10117     		NONE PC CHARITABLE 300
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		NONE PC CULTURAL 2,000
    METROPOLITAN OPERA
    LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PC CHARITABLE 3,500
    MIDORI & FRIENDS
    352 SEVENTH AVENUE SUITE 301
    NEW YORK,NY10001     		NONE PC CHARITABLE 500
    MOMA (MUSEUM OF MODERN ART)
    11 W 53RD STREET
    NEW YORK,NY10019     		NONE PC CULTURAL 1,200
    MOST VALUABLE KIDS NY
    1440 BROADWAY 23RD FLOOR
    NEW YORK,NY10018     		NONE PC CHARITABLE 2,000
    MS FOUNDATION FOR WOMEN
    12 METROTECH CENTER 26TH FLOOR
    BROOKLYN,NY11201     		NONE PC CHARITABLE 1,000
    MUSEUM OF MATHEMATICS
    11 EAST 26TH STREET
    NEW YORK,NY10010     		NONE PC CHARITABLE 500
    NATIONAL BOOK FOUNDATION
    90 BOARD STREET SUITE 604
    NEW YORK,NY10004     		NONE PC CHARITABLE 2,000
    NATIONAL CHILDREN'S CENTER
    6200 SECOND STREET NW
    WASHINGTON,DC20011     		NONE PC CHARITABLE 500
    NATIONAL MS SOCIETY OF SOUTHERN NYC
    733 THIRD AVENUE 3RD FLOOR
    NEW YORK,NY10017     		NONE PC CHARITABLE 4,500
    NATIONAL YIDDISH BOOK CENTER
    1021 WEST STREET
    AMHERST,MA01002     		NONE PC CHARITABLE 700
    NCAC (NATIONAL COALITION AGAINST CENSORSHIP)
    19 FULTON STREET ROOM 407
    NEW YORK,NY10038     		NONE PC CULTURAL 4,000
    NEIGHBORHOOD COALTION FOR SHELTER
    157 E 86TH STREET
    NEW YORK,NY10128     		NONE PC CHARITABLE 400
    NORWALK HOSPITAL
    34 MAPLE STREET
    NORWALK,CT06856     		NONE PC CHARITABLE 500
    NY OUTWARD BOUND
    29-46 NORTHERN BOULEVARD
    LONG ISLAND CITY,NY11101     		NONE PC CHARITABLE 500
    NY PHILHARMONIC
    10 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PC CHARITABLE 12,000
    NY PUBLIC LIBRARY
    445 FIFTH AVENUE
    NEW YORK,NY10016     		NONE PC CHARITABLE 7,500
    ONE STORY
    232 3RD ST A108
    BROOKLYN,NY11215     		NONE PC EDUCATIONAL 500
    OSBORNE ASSOCIATION
    809 WESTCHESTER AVENUE
    BRONX,NY10455     		NONE PC CHARITABLE 500
    PAGE EDUCATION FOUNDATION
    901 N 3RD STREET
    MINNEAPOLIS,MN55401     		NONE PC CHARITABLE 350
    PARK DAY SCHOOL (FORMERLY PACDS)
    4 WEST 76TH STREET
    NEW YORK,NY10023     		NONE PC CHARITABLE 1,000
    PET CONNECT
    PO BOX 60714
    POTOMAC,MD20859     		NONE PC CHARITABLE 1,000
    PLANNED PARENTHOOD
    1108 16TH STREET NW
    WASHINGTON,DC20036     		NONE PC CHARITABLE 5,000
    POETS & WRITERS
    90 BOARD STREET SUITE 2100
    NEW YORK,NY10004     		NONE PC CULTURAL 3,000
    PREP FOR PREP
    328 WEST 71ST STREET
    NEW YORK,NY10023     		NONE PC CHARITABLE 75,000
    PROJECT HOPE
    PO BOX 96340
    WASHINGTON,DC20090     		NONE PC CHARITABLE 700
    SAMUEL WAXMAN CANCER RESEARCH FOUNDATION
    420 LEXINGTON AVENUE SUITE 825
    NEW YORK,NY10170     		NONE PC CHARITABLE 500
    SASHA BRUCE YOUTHWORK
    741 8TH STREET SE
    WASHINGTON,DC20003     		NONE PC CHARITABLE 500
    SEEC
    8905 FAIRVIEW ROAD SUITE 300
    SILVER SPRING,MD20910     		NONE PC CHARITABLE 500
    SHAKESPEARE & CO
    70 KEMBLE ST
    LENOX,MA01240     		NONE PC CHARITABLE 1,500
    SIMON WEISENTHAL CENTER
    1399 SOUTH ROXBURY
    LOS ANGELES,CA90035     		NONE PC CHARITABLE 300
    SINAI HOUSE
    3100 MILITARY RD NW
    WASHINGTON,DC20015     		NONE PC CHARITABLE 1,000
    SMILE TRAIN
    41 MADISON AVENUE 28TH FLOOR
    NEW YORK,NY10010     		NONE PC CHARITABLE 300
    SOSTASTE OF THE NATION
    PO BOX 75475
    BALTIMORE,MD21275     		NONE PC CHARITABLE 6,000
    SOUTHERN POVERTY LAW
    400 WASHINGTON AVENUE
    MONTGOMERY,AL36104     		NONE PC CHARITABLE 400
    STANLEY ISAACS NEIGHBORHOOD CENTER
    415 E 93RD STREET
    NEW YORK,NY10128     		NONE PC CHARITABLE 300
    SUNSHINE FOUNDATION
    1041 MILL CREEK DRIVE
    FEASTERVILLE,PA19053     		NONE PC CHARITABLE 1,000
    SYLVIA CENTER
    304 HUDSON ST SUITE 201
    NEW YORK,NY10013     		NONE PC CHARITABLE 1,500
    THIRTEEN
    825 EIGHTH AVENUE
    NEW YORK,NY10019     		NONE PC CHARITABLE 500
    TRICKLE UP
    104 W 27TH STREET 12TH FLOOR
    NEW YORK,NY10001     		NONE PC CHARITABLE 5,000
    UJA FEDERATION
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC CHARITABLE 30,000
    UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		NONE PC CHARITABLE 500
    UNITED FOR LIBRARIES (FORMELY ALTAFF & FOLUSA)
    50 E HURON STREET
    CHICAGO,IL60611     		NONE PC CHARITABLE 3,000
    UNITED NEIGHBORHOOD HOUSE
    70 W 36TH STREET 503
    NEW YORK,NY10018     		NONE PC CHARITABLE 500
    US HOLOCAUST MUSEUM
    100 RAOUL WALLENBERGH PLACE SW
    WASHINGTON,DC20024     		NONE PC EDUCATIONAL 500
    WASHINGTON SQUARE PARK CONSERVANCY
    PO BOX 1624
    COOPER STATION,NY10276     		NONE PC CHARITABLE 250
    WENDY WEISMAN JENKINSON CULINARY ARTS FUND
    PO BOX 1182
    OAK BLUFF,MA02557     		NONE PC CULTURAL 500
    WILTON FIREFIGHTERS
    236 DANBURY ROAD
    WILTON,CT06897     		NONE PC CHARITABLE 300
    WILTON HISTORICAL SOCIETY
    224 DANBURY ROAD
    WILTON,CT06897     		NONE PC CHARITABLE 250
    WILTON LAND CONSERVATION TRUST
    PO BOX 77
    WILTON,CT06897     		NONE PC CHARITABLE 300
    WILTON LIBRARY
    137 OLD RIDGEFIELD ROAD
    WILTON,CT06897     		NONE PC CULTURAL 500
    WILTON POLICE
    240 DANBURY ROAD
    DANBURY,CT06897     		NONE PC CHARITABLE 300
    WILTON VOLUNTEER AMBULANCE
    234 DANBURY ROAD
    WILTON,CT06897     		NONE PC CHARITABLE 300
    WMNR FINE ARTS RADIO
    PO BOX 920
    MONROE,CT06468     		NONE PC CHARITABLE 400
    WNYC
    160 VARICK STREET
    NEW YORK,NY10013     		NONE PC CHARITABLE 5,000
    WORLD WILDLIFE FUND
    PO BOX 96096
    WASHINGTON,DC20077     		NONE PC CHARITABLE 1,000
    YADDO
    20 WEST 44TH STREET SUITE 408
    NEW YORK,NY10036     		NONE PC CHARITABLE 500
    YALE ALUMNI FUND
    PO BOX 2038
    NEW HAVEN,CT06521     		NONE PC EDUCATIONAL 3,000
    Total .................................bullet 3a 477,800
    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 15  
    4 Dividends and interest from securities....     14 22,560  
    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 15,680  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 38,255 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1338,255
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    WHISPERING BELLS FOUNDATION
    C/O RSM US LLP
    Employer identification number

    13-6962126
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    WHISPERING BELLS FOUNDATION
    C/O RSM US LLP         		Employer identification number
    13-6962126
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    WORKMAN PUBLISHING CO  
    708 BROADWAY
     
    NEW YORK, NY10003

    		$ 500,000


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

    THE BESS AND ISRAEL WORKMAN FOUNDAT  
    C/O RSM US LLP 1185 6TH AVENUE
     
    NEW YORK, NY10036

    		$ 9,899


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    THE BESS AND ISRAEL WORKMAN FOUNDAT  
    C/O RSM US LLP 1185 6TH AVENUE
     
    NEW YORK, NY10036

    		$ 201,157


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    WHISPERING BELLS FOUNDATION
    C/O RSM US LLP         		Employer identification number

    13-6962126
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    3
    		 PUBLICLY TRADED SECURITIES $ 201,157 2015-12-31
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    WHISPERING BELLS FOUNDATION
    C/O RSM US LLP         		Employer identification number

    13-6962126
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    WHISPERING BELLS FOUNDATION
     
    C/O RSM US LLP
    EIN:
    13-6962126
    Name of Stock End of Year Book Value End of Year Fair Market Value
    182.041 SHRS JPM LARGE CAP GRWTH FD - SEL 4,000 6,481
    1,651.36 SHRS BBH CORE SELECT FD-N 29,496 33,688
    1,495.494 SHRS JPM US EQ FD - INSTL 12,989 20,638
    2,972.319 SHRS JPM US LARGE CAP CORE PLUS ED - SEL 58,861 79,688
    3,126.954 SHRS NEUBERGER BER MU/C OPP-INS 50,000 47,029
    742 SHRS SPDR S&P 500 ETF TRUST 133,667 151,272
    591 SHRS ISHARES CORE S&P MIDCAP ETF 66,286 82,338
    1,762.631 SHRS ARTISAN INTL VALUE FD-ADV 43,137 55,875
    1,150 SHRS DEUTSCHE X-TRACKERS MSCI EAF 33,793 31,234
    1,585.174 SHRS DODGE & COX INTL STOCK FD 51,484 57,827
    24,000 SHRS GS EAFE REN MAT 02/18/16 24,000 24,208
    685 SHRS ISHARES MSCI EAFE INDEX FUND 43,371 40,223
    270 SHRS VANGUARD FTSE EUROPE ETF 14,761 13,468
    2,292.26 SHRS BROWN ADV JAPAN ALPHA OPP-IS 24,794 24,940
    5,450.731 SHRS JPM GLBL RES ENH INDEX FD - SEL 98,925 97,241
    2,410.915 SHRS EQUINOX CAMPBELL STRATEGY - I 24,834 26,520
    1,293.25 SHRS GATEWAY FD-Y 37,547 38,422
    3,183.199 SHRS GOLDMAN SACHS STRAT INC-INST 33,663 30,622
    1,510.379 SHRS GOTHAM ABSOLUTE RETURN-INS 19,571 18,593
    2,372.545 SHRS INV BALANCED-RISK ALLOC-Y 29,250 24,603
    1,092.34 SHRS PIMCO UNCONSTRAINED BOND-P 12,156 11,262

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    WHISPERING BELLS FOUNDATION
     
    C/O RSM US LLP
    EIN:
    13-6962126
    US Government Securities - End of Year Book Value:

    362,144
    US Government Securities - End of Year Fair Market Value:

    354,354
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2015 OtherDecreasesSchedule
    Name:
    WHISPERING BELLS FOUNDATION
     
    C/O RSM US LLP
    EIN:
    13-6962126
    Description Amount
    SECURITIES COST BASIS ADJUSTMENT 9,854


    TY 2015 OtherExpensesSchedule
    Name:
    WHISPERING BELLS FOUNDATION
     
    C/O RSM US LLP
    EIN:
    13-6962126
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    JPMORGAN MANAGEMENT FEES 5,513 5,513   0
    CHASE BANK FEES 30 30   0
    OFFICE EXPENSES 375 0   0


    TY 2015 OtherIncreasesSchedule
    Name:
    WHISPERING BELLS FOUNDATION
     
    C/O RSM US LLP
    EIN:
    13-6962126
    Description Amount
    PRIOR YEAR UNCLEARED CHECKS 3,500


    TY 2015 TaxesSchedule
    Name:
    WHISPERING BELLS FOUNDATION
     
    C/O RSM US LLP
    EIN:
    13-6962126
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 4,281 0   0
    FOREIGN TAXES 201 201   0