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
RUTH C AND CHARLES S SHARP FOUNDATION
INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 560397
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
THE COLONY, TX75056
A Employer identification number

75-6045366
B Telephone number (see instructions)

(972) 221-6202
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$9,334,777J 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 460 460  
4 Dividends and interest from securities... 170,963 170,963  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,458,339
b Gross sales price for all assets on line 6a 4,844,985
7 Capital gain net income (from Part IV, line 2)... 1,458,339
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 169,688 169,688  
12 Total. Add lines 1 through 11........ 1,799,450 1,799,450  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 33,917 0   33,917
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,395 8,546   2,849
c Other professional fees (attach schedule).... Click to see attachment 95,534 95,534   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,677 20,082   2,595
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 15,534 10,924   4,330
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 179,057 135,086   43,691
25 Contributions, gifts, grants paid....... 3,939,769 3,939,769
26 Total expenses and disbursements. Add lines 24 and 25 4,118,826 135,086   3,983,460
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,319,376
b Net investment income (if negative, enter -0-) 1,664,364
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............. 161,601 122,185 122,185
2 Savings and temporary cash investments......... 2,092,248 1,407,397 1,407,397
3 Accounts receivable bullet1,022
Less: allowance for doubtful accounts bullet   559 1,022 1,022
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   1,095,592 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,494,856 Click to see attachment4,648,618 5,817,369
c Investments—corporate bonds (attach schedule)....... 320,728 Click to see attachment320,728 280,450
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,281,656 Click to see attachment637,202 1,695,450
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment15,924 Click to see attachment10,904 Click to see attachment10,904
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,463,164 7,148,056 9,334,777
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) Click to see attachment67,234 Click to see attachment71,502
23 Total liabilities (add lines 17 through 22)......... 67,234 71,502
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 9,395,930 7,076,554
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)..... 9,395,930 7,076,554
31 Total liabilities and net assets/fund balances (see instructions). 9,463,164 7,148,056
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
9,395,930
2
Enter amount from Part I, line 27a .....................
2
-2,319,376
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,076,554
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,076,554
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 1300 ABB LTD     2015-05-13
b 5300 MICHALE KORS HLDGS LTD     2015-07-29
c 500 MONSANTO CO     2015-11-17
d 1900 MOSAIC CO     2015-01-26
e 100 MOSAIC CO     2015-03-04
3300 SCHLUMBERGER LTD     2015-02-03
500 SCHLUMBERGER LTD     2015-11-17
7300 SOUTHWESTERN ENERGY CO     2015-04-24
1000 SYNGENTA AG SPONSORED ADR     2015-01-26
800 SYNGENTA AG SPONSORED ADR     2015-03-04
800 SYNGENTA AG SPONSORED ADR     2015-05-13
800 SYNGENTA AG SPONSORED ADR     2015-06-22
400 SYNGENTA AG SPONSORED ADR     2015-07-08
400 ACCENTURE PLC     2015-01-26
200 ACCENTURE PLC     2015-04-13
200 ACCENTURE PLC     2015-06-22
350 ACCENTURE PLC     2015-09-10
100 ACCENTURE PLC     2015-10-08
200 ACCENTURE PLC     2015-11-17
118 ALPHBET INC     2015-11-17
150 ALPHBET INC     2015-12-22
700 APACHE CORP     2015-11-17
300 APPLE INC     2015-01-26
700 APPLE INC     2015-03-04
600 APPLE INC     2015-05-13
500 APPLE INC     2015-12-22
15300 BARRICK GOLD CORP     2015-04-24
1100 CHECK POINT SOFTWARE TECH LTD     2015-01-26
1000 CHECK POINT SOFTWARE TECH LTD     2015-03-04
1000 CHECK POINT SOFTWARE TECH LTD     2015-07-08
536 CHECK POINT SOFTWARE TECH LTD     2015-09-10
300 CHECK POINT SOFTWARE TECH LTD     2015-11-17
2500 EMC CORP     2015-01-26
800 EMC CORP     2015-09-10
700 ENERGY TRANSFER EQUITY LP     2015-01-26
2800 ENERGY TRANSFER EQUITY LP     2015-03-04
1900 ENERGY TRANSFER EQUITY LP     2015-05-28
2500 ENERGY TRANSFER EQUITY LP     2015-06-05
1000 ENERGY TRANSFER EQUITY LP     2015-08-25
1700 ENERGY TRANSFER EQUITY LP     2015-10-07
4000 ENERGY TRANSFER EQUITY LP     2015-10-08
16300 ENERGY TRANSFER EQUITY LP     2015-12-09
1400 EQUITY COMMONWEALTH REITS     2015-09-10
500 EQUITY COMMONWEATH REITS     2015-05-28
900 EQUITY COMMONWEATH REITS     2015-06-22
1300 EQUITY COMMONWEATH REITS     2015-11-17
1881 EXXON MOBIL CORP     2015-01-26
7600 GOLDCORP INC     2015-04-24
0.944 GOOGLE INC     2015-05-19
150 GOOGLE INC     2015-07-08
1800 MOSAIC CO     2015-03-04
700 NOBLE ENERGY INC     2015-11-17
700 ORACLE CORP     2015-01-26
400 ORACLE CORP     2015-09-10
300 ORACLE CORP     2015-11-17
900 QUALCOMM INC     2015-01-26
1000 QUALCOMM INC     2015-05-28
800 QUALCOMM INC     2015-09-10
5700 SOUTHWESTERN ENERGY CO     2015-04-24
300 SYNGENTA AG SPONSORED ADR     2015-01-26
200 SYNGENTA AG SPONSORED ADR     2015-07-08
100 SYNGENTA AG SPONSORED ADR     2015-07-28
2630 SYNGENTA AG SPONSORED ADR     2015-08-05
900 TEVA PHARMACEUTICAL INDS LTD     2015-01-26
900 TEVA PHARMACEUTICAL INDS LTD     2015-04-13
850 TEVA PHARMACEUTICAL INDS LTD     2015-09-10
800 XYLEM INC     2015-11-17
(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 28,742   27,208 1,534
b 209,782   328,829 -119,047
c 47,588   51,463 -3,875
d 91,456   83,153 8,303
e 5,185   4,376 809
288,451   284,944 3,507
38,674   39,900 -1,226
191,686   248,435 -56,749
64,892   64,384 508
54,683   49,230 5,453
69,814   49,230 20,584
69,194   49,079 20,115
32,338   24,514 7,824
35,422   13,399 22,023
18,790   6,700 12,090
19,692   6,700 12,992
33,936   11,724 22,212
10,357   3,350 7,007
21,322   6,700 14,622
88,821   30,296 58,525
114,934   37,904 77,030
35,091   70,200 -35,109
34,059   21,919 12,140
90,206   51,144 39,062
75,959   43,837 32,122
53,559   34,563 18,996
190,940   448,816 -257,876
87,306   50,318 36,988
82,156   42,586 39,570
78,795   29,956 48,839
42,082   16,056 26,026
24,927   8,987 15,940
70,738   59,494 11,244
19,160   19,038 122
40,540   3,743 36,797
176,220   16,517 159,703
129,475   10,156 119,319
167,011   13,726 153,285
26,858   2,247 24,611
41,729   4,554 37,175
99,399   10,710 88,689
231,268   75,487 155,781
36,245   37,237 -992
12,881   13,299 -418
23,528   23,938 -410
35,751   34,577 1,174
172,377   114,461 57,916
144,416   83,835 60,581
508   241 267
81,501   38,512 42,989
93,332   75,976 17,356
25,706   4,449 21,257
30,569   15,757 14,812
15,101   9,004 6,097
11,506   6,684 4,822
65,202   2,612 62,590
70,529   2,903 67,626
99,613   5,225 94,388
149,672   106,377 43,295
19,468   23,571 -4,103
16,169   11,719 4,450
8,068   5,859 2,209
218,542   154,101 64,441
52,731   49,455 3,276
46,118   38,465 7,653
52,673   46,708 5,965
29,542   26,109 3,433
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       1,534
b       -119,047
c       -3,875
d       8,303
e       809
      3,507
      -1,226
      -56,749
      508
      5,453
      20,584
      20,115
      7,824
      22,023
      12,090
      12,992
      22,212
      7,007
      14,622
      58,525
      77,030
      -35,109
      12,140
      39,062
      32,122
      18,996
      -257,876
      36,988
      39,570
      48,839
      26,026
      15,940
      11,244
      122
      36,797
      159,703
      119,319
      153,285
      24,611
      37,175
      88,689
      155,781
      -992
      -418
      -410
      1,174
      57,916
      60,581
      267
      42,989
      17,356
      21,257
      14,812
      6,097
      4,822
      62,590
      67,626
      94,388
      43,295
      -4,103
      4,450
      2,209
      64,441
      3,276
      7,653
      5,965
      3,433
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,458,339
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 1,748,712 13,142,075 0.133062
2013 1,630,373 12,865,457 0.126725
2012 1,142,609 13,130,742 0.087018
2011 1,549,719 14,114,508 0.109796
2010 2,050,163 15,242,376 0.134504
2
Total of line 1, column (d) .....................
20.591105
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
0.118221
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
11,093,769
5
Multiply line 4 by line 3......................
5
1,311,516
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
16,644
7
Add lines 5 and 6........................
7
1,328,160
8
Enter qualifying distributions from Part XII, line 4.............
8
3,983,460
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 16,644
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 16,644
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 16,644
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 12,934
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 12,934
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 51
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,761
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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
     
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPENN DAVIS MCFARLAND INC Telephone no.bullet (214) 871-2772

    Located atbullet2626 COLE AVE STE 504DALLASTX ZIP+4bullet75204
    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
    RUTH SHARP ALTSHULER PRESIDENT & DIRECTOR
    4.00     		0 0 0
    LB 24 2626 COLE AVE
    DALLAS,TX75204
    SALLY S HARRIS VICE PRESIDENT & DIRECTOR
    4.00     		0 0 0
    LB 24 2626 COLE AVE
    DALLAS,TX75204
    SUSAN F SHARP DIRECTOR
    4.00     		0 0 0
    LB 24 2626 COLE AVE
    DALLAS,TX75204
    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 NONE 0
    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 NONE 0
    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
    9,489,800
    b
    Average of monthly cash balances.......................
    1b
    1,772,910
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,262,710
    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
    11,262,710
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    168,941
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,093,769
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    554,688
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    554,688
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    16,644
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,644
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    538,044
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    538,044
    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
    538,044
    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
    3,983,460
    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
    3,983,460
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    16,644
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,966,816
    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 7 538,044
    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...... 1,311,322
    b From 2011...... 854,110
    c From 2012...... 492,229
    d From 2013...... 1,019,289
    e From 2014...... 1,118,405
    fTotal of lines 3a through e........ 4,795,355
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 3,983,460
    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..... 538,044
    e Remaining amount distributed out of corpus 3,445,416
    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 8,240,771
    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) ...     		1,311,322
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		6,929,449
    10 Analysis of line 9:
    a Excess from 2011.... 854,110
    b Excess from 2012.... 492,229
    c Excess from 2013.... 1,019,289
    d Excess from 2014.... 1,118,405
    e Excess from 2015.... 3,445,416
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    4DWN PROJECT INC
    2117 S ERVAY ST
    DALLAS,TX75215     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    AFRICAN AMERICAN MUSEUM
    3536 GRAND AVE
    DALLAS,TX75210     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    AMERICAN FOUNDATION FOR THE BLIND CENTER ON VISION LOSS
    2 PENN PLAZA STE 1102
    NEW YORK,NY10121     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 25,000
    ANITA MARTINEZ BALLET FOLKORIECO
    4422 LIVE OAK ST
    DALLAS,TX75204     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    ANTI-DEFAMATION LEAGUE
    12800 HILLCREST PLAZA DR 219
    DALLAS,TX75230     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 6,000
    AT & T PERFORMING ARTS CENTER
    2403 FLORA ST STE 500
    DALLAS,TX01230     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 7,500
    ATTITUDES & ATTIRE
    2050 N STEMMONS FWY
    DALLAS,TX75207     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,500
    BAYLOR HEALTH CARE FOUNDATION
    3500 GASTON AVE
    DALLAS,TX75246     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 65,000
    BERKSHIRE BACH
    PO BOX 1002
    GREAT BARRINGTON,MA01230     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 250
    BERKSHIRE CHILDREN'S CHORUS
    PO BOX 18
    SHEFFIELD,MA01257     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 500
    BERKSHIRE PLAYWRIGHTS LAB
    PO BOX 118
    GREAT BARRINGTON,MA01230     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    BERKSHIRE SOUTH COMMUNITY CENTER
    CRISSEY RD
    GREAT BARRINGTON,MA01230     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    BROTHER BILLS HELPING HAND
    3906 N WESTMORELAND RD
    DALLAS,TX75212     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 7,000
    C C YOUNG
    4847 W LAWTHER DR STE 100
    DALLAS,TX75214     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    CHILDREN'S MEDICAL CENTER WOMEN'S AUXILLARY
    2777 STEMMONS FWY STE 700
    DALLAS,TX75207     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 800
    CITY SQUARE
    511 N AKARD ST 302
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    CLEVELAND CLINIC FOUNDATION
    1422 EUCLID AVE STE 1300
    CLEVELAND,OH44115     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    COLLIER CARES
    2335 TAMIAMI TR STE 504
    NAPLES,FL34103     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 25,000
    COMMUNITIES IN SCHOOL - DALLAS REGION
    1341 W MOCKINGBIRD LN 1000E
    DALLAS,TX75247     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 500
    CRESCENDO INC
    PO BOX 245
    LAKEVILLE,CT06039     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES -1,000
    CROW COLLECTION OF ASIAN ART
    2010 FLORA ST
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    CRYSTAL CHARITY BALL
    30 1/2 HIGHLAND PARK VILLAGE STE
    206
    DALLAS,TX75205     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 17,000
    DALLAS ARBORETUM
    8525 GARLAND RD
    DALLAS,TX75218     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    DALLAS BAPTIST UNIVERSITY
    3000 MONUTAIN CRREK PKY
    DALLAS,TX75211     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    DALLAS CHILDREN'S ADVOCACY
    5351 SAMUEL BLVD
    DALLAS,TX75228     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    DALLAS COUNTY MEDICAL SOCIETY ALLIANCE
    5500 SWISS AVE
    DALLAS,TX75214     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 85
    DALLAS FURNITURE BANK
    1417 UPFIELD DR
    CARROLLTON,TX75006     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    DALLAS HERITAGE VILLAGE
    1515 HARWOOD ST
    DALLAS,TX75215     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,250
    DALLAS HISTORICAL SOCIETY
    3939 GRAND AVE
    DALLAS,TX75210     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    DALLAS HOLOCAUST MUSEUM
    211 N RECORD ST 100
    DALLAS,TX75202     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    DALLAS MUSEUM OF ART
    1717 N HARWOOD ST
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 25,000
    DALLAS SUMMER MUSICALS
    909 1ST AVE
    DALLAS,TX75210     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 20,000
    DALLAS WOMEN'S FORUM
    4607 ROSS AVE
    DALLAS,TX75204     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 500
    DEAF ACTION CENTER
    3115 CRESTVIEW DR
    DALLAS,TX75235     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 25,000
    EQUEST
    3800 TROY RD
    WYLIE,TX75098     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    FAMILY GATEWAY
    600 JACKSON ST
    DALLAS,TX75202     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 15,000
    FOUNTAINBLEAU ASSOCIATONS
    PO BOX 66
    WAYNE,PA19087     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 700
    FRIENDS OF KERA
    3000 HARRY HINES BLVD
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    FRIENDS OF DALLAS POLICE DEPARTMENT
    12455 WOOD MANOR CR
    DALLAS,TX75234     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,000
    FRIENDS OF FAIR PARK
    1121 1ST AVE
    DALLAS,TX75210     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 250
    GALAXY COUNSELING CENTER
    1025 S JUPITER RD
    GARLAND,TX75042     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    GENESIS ALLIANCE
    10805 WALNUT HILL LN
    DALLAS,TX75238     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 100
    GEORGE W BUSH FOUNDATION
    2943 SMU BLVD
    DALLAS,TX75205     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    GIRL SCOUTS OF NORTHEAST TEXAS
    6001 SUMMERSIDE DR STE 101
    DALLAS,TX75252     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 12,500
    GIRLS INC
    2040 EMPIRE CENTRAL DR
    DALLAS,TX75235     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    GOODWILL INDUSTRIES OF DALLAS
    3020 N WESTMORELAND RD
    DALLAS,TX75212     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 15,000
    GRACE UNITED METHODIST CHURCH
    4105 JUNIUS ST
    DALLAS,TX75246     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    HAVE JUSTICE WILL TRAVEL INC
    9580 VERMONT RT 113
    VERSHIRE,VT05079     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES -2,500
    HERE
    145 SIXTH AVE
    NY,NY10013     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 4,000
    HIGHLAND PARK UNITED METHODIST CHURCH
    3300 MOCKINGBIRD LN
    DALLAS,TX75205     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 50,500
    HUMAN RIGHTS INSTITUTE
    405 BABBIDGE RD U-1205
    STORES,CT06269     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    INDEPENDENT INSTITUTE
    100 SWAN WAY
    OAKLAND,CA94621     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    IN-SYNC EXOTICS
    PO BOX 968
    WYLIE,TX75098     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 90,000
    INTERFAITH HOUSING COALITION
    5600 ROSS AVE
    DALLAS,TX75206     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 3,000
    JR LEAGUE OF DALLAS
    8003 INWOOD RD
    DALLAS,TX75209     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 22,750
    JULIETTE FOWLER COMMUNITIES
    1234 ABRAMS RD
    DALLAS,TX75214     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 6,000
    KUSHI INSTITUTE
    198 LELAND RD
    BECKET,MA01223     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 975
    LIBRARY OF CONGRESS
    101 INDEPENDENCE AVE SE
    WASHINGTON,DC20540     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES -2,500
    MAHAUVE ARTS CENTER
    14 CASTLE ST
    GREAT BARRINGTON,MA01230     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    MENTAL HEALTH AMERICA OF GREATER DALLAS
    624 N GOOD LATIMER EXPY
    DALLAS,TX75204     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    METROCARE SERVICES
    4645 SAMUELL BLVD
    DALLAS,TX75228     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,100
    NASHER SCULPTURE CENTER
    2001 FLORA ST
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    NEW FRIENDS NEW LIFE
    PO BOX 192378
    DALLAS,TX75209     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    NORTH DALLAS SHARED MINISTRIES
    2875 MERRILL RD
    DALLAS,TX75229     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    NORTH TEXAS FOOD BANK
    4500 S COCKRELL HILL RD
    DALLAS,TX75236     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 7,500
    NORTHHAVEN UNITED METHODISTCHURCH
    11211 PRESTON RD
    DALLAS,TX75230     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    NOTRE DAME SCHOOL
    2018 ALLEN ST
    DALLAS,TX75204     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    OUR FRIENDS PLACE
    2501 OAK LAWN AVE
    DALLAS,TX75219     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 500
    PARTNERS FOR SACRED PLACES
    6040 CAMP BOWIE BLVD STE 62
    FT WORTH,TX76116     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    PEROT MUSEUM OF NATURE & SCIENCE L
    2201 N FIELD ST
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    PI BETA PHI FOUNDATION
    1154 TOWN COUNTRY COMMON DR
    TOWN COUNTRY,MO63017     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    PLANNED LIVING ASSISTANCE NETWORK (PLAN)
    13151 EMILY RD STE 240
    DALLAS,TX75240     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    RAINBOW DAYS INC
    8150 N CENTRAL EXPY STE M1003
    DALLAS,TX75206     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,000
    RETINA FOUNDATION OF THE SOUTHWEST
    9600 N CENTRAL EXPY 200
    DALLAS,TX75231     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    RONALD MCDONALD HOUSE OF DALLAS
    4707 BENGAL ST
    DALLAS,TX75235     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,500
    SMWRIGHT FOUNDATION
    9213 SOVEREIGN ROW
    DALLAS,TX75247     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    SALVATION ARMY
    8787 N STEMMONS FWY STE 800
    DALLAS,TX75247     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 27,500
    SALVATION ARMY WOMEN'S AUXILIARY
    PO BOX 36026
    DALLAS,TX75235     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 600
    SAMMONS CENTER FOR THE ARTS
    3636 HARRY HINES BLVD
    DALLAS,TX75219     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    SEAL LEGACY FOUNDATION
    2525 WALLINGWOOD DR BLGD 1 STE 214
    AUSTIN,TX78746     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    SERVICE DOGS INC
    4925 BELL SPRINGS RD
    DRIPPING SPRINGS,TX78620     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,000
    SHARED HOUSING CENTER INC
    402 N GOOD LATIMER EXPY
    D,TX75204     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    SOUTHERN METHODIST UNIVERSITY
    6425 BOAZ LN
    DALLAS,TX75205     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 179,167
    ST JAMES PLACE
    352 MAIN ST
    GREAT BARRINGTON,MA01230     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,845,592
    SUICIDE & CRISIS CENTER OF NORTH TEXAS
    2808 SWISS AVE
    DALLAS,TX75204     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    SUSAN G KOMEN FOUNDATION
    5005 LBJ FWY STE 250
    DALLAS,TX75244     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    SWEETHEART BALL
    3318 BEVERLY DR
    DALLAS,TX75205     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 6,500
    T BAR M RACQUET CLUB
    6060 DILBECK LN
    DALLAS,TX75240     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,900
    TABNERACLE BAPTIST CHURCH
    3403 MCBROOM ST
    DALLAS,TX75212     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    TACA BOARD OF GOVERNORS
    1722 ROUTH ST
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,000
    TEACH FOR AMERICA
    600 N PEARL ST STE 2300
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 10,000
    TEXAS BOOK FESTIVAL
    610 BRAZOS ST
    AUSTIN,TX78701     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 20,000
    TEXAS DISCOVERY GARDENS
    3601 MLK JR BLVD
    DALLAS,TX75210     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    TEXAS STATE HISTORY MUSEUM FUND
    1800 CONGRESS AVE
    AUSTIN,TX78701     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 15,000
    THE BETHLEHAM FOUNDATION
    1159 W CAMP WISDOM RD
    D,TX75232     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    THE MOUNT
    2 PLUNKETT ST
    LENOX,MA01240     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 1,500
    THE SENIOR SOURCE
    3910 HARRY HINE BLVD
    DALLAS,TX75219     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 5,000
    THE STEWPOT ALLIANCE
    1835 YOUNDG ST
    DALLAS,TX75201     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    TRINITY LIME ROCK EPISCOPAL CHURCH
    484 LIME ROCK RD
    LAKEVILLE,CT06039     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 7,500
    UNITED WAY OF METROPOLITAN DALLAS
    1800 N LAMAR ST
    DALLAS,TX75202     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 25,000
    UNIVERSITY OF TEXAS AT DALLAS
    800 W CAMPBELL RD
    RICHARDSON,TX75080     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 25,000
    VICKERY MEADOW LEARNING CENTER
    6329 RIDGECREST RD
    DALLAS,TX75231     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 2,500
    VISITING NURSES ASSOCIATION
    1600 VICEROY DR STE 400
    DALLAS,TX75235     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 37,750
    VOLUNTEER CENTER OF N TEXAS
    2800 LIVE OAK ST
    DALLAS,TX75204     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 35,000
    WILKINSON CENTER
    5200 BRYAN ST
    DALLAS,TX75206     		NONE 501(C)(3) SUPPORT CHARITABLE ACTIVITIES 9,500
    Total .................................bullet 3a 3,939,769
    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 ...........     		    14 460  
    4 Dividends and interest from securities....     14 170,963  
    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..... 211110 165,239 15 4,449  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 1,458,339  
    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).. 165,239 1,634,211 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,799,450
    (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:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 11,395 8,546   2,849

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Name of Bond End of Year Book Value End of Year Fair Market Value
    US CORPORATE BONDS 320,728 280,450

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Name of Stock End of Year Book Value End of Year Fair Market Value
    US CORPORATE SECURITIES 4,648,618 5,817,369

    TY 2015 InvestmentsOtherSchedule2
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FOREIGN CORPORATE SECURITIES AT COST 637,202 979,210
    PASS-THROUGH INVESTMENTS AT COST 0 716,240

    TY 2015 OtherAssetsSchedule
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EXCISE TAX DEPOSITS 15,924 10,904 10,904


    TY 2015 OtherExpensesSchedule
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 4,610 0   4,330
    INVESTMENT EXPENSES 10,924 10,924   0


    TY 2015 OtherIncomeSchedule2
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM PASS-THROUGH INVESTMENTS 165,239 165,239 165,239
    PIONEER NATURAL RESRC USA INC, NET 4,421 4,421 4,421
    OTHER MISCELLANEOUS INCOME 28 28 28


    TY 2015 OtherLiabilitiesSchedule
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Description Beginning of Year - Book Value End of Year - Book Value
    PASS-THROUGH INVESTMENT NEGATIVE CAPITAL BALANCE 67,234 71,502


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANGEMENT FEES 95,534 95,534   0


    TY 2015 TaxesSchedule
    Name:
    RUTH C AND CHARLES S SHARP FOUNDATION
     
    INC
    EIN:
    75-6045366
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES PAID ON FOREIGN INVESTMENT INCOME 3,222 3,222   0
    EXCISE TAX 16,860 16,860   0
    PAYROLL TAXES 2,595 0   2,595