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
CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O FARMERS TRUST CO 42 MCCLURG R
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
YOUNGSTOWN, OH44512
A Employer identification number

35-6735706
B Telephone number (see instructions)

(330) 743-7000
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$48,078,287J 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 15 15  
4 Dividends and interest from securities... 1,313,695 1,313,695  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,399,310
b Gross sales price for all assets on line 6a 28,712,997
7 Capital gain net income (from Part IV, line 2)... 1,399,310
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,713,020 2,713,020  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 310,316 217,221   93,095
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 2,580 645 0 1,935
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,900 1,300   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 200     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 330,996 219,166 0 95,230
25 Contributions, gifts, grants paid....... 2,388,960 2,388,960
26 Total expenses and disbursements. Add lines 24 and 25 2,719,956 219,166 0 2,484,190
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,936
b Net investment income (if negative, enter -0-) 2,493,854
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,403,304 672,414 672,414
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,319,981 Click to see attachment2,814,299 2,816,176
b Investments—corporate stock (attach schedule)....... 14,907,529 Click to see attachment15,448,341 27,020,914
c Investments—corporate bonds (attach schedule)....... 5,295,490 Click to see attachment5,875,430 5,927,024
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,376,019 Click to see attachment12,481,952 11,641,759
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) 37,302,323 37,292,436 48,078,287
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 37,302,323 37,292,436
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)..... 37,302,323 37,292,436
31 Total liabilities and net assets/fund balances (see instructions). 37,302,323 37,292,436
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
37,302,323
2
Enter amount from Part I, line 27a .....................
2
-6,936
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
37,295,387
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,951
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
37,292,436
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 20000. AT&T INC     2015-06-04
b 166000. AT&T INC 4.800% 06/15/44   2014-06-03 2015-04-23
c 4845. AMERICAN EXPRESS CO COM     2015-04-22
d 115000. AMERICAN EXPRESS CREDIT 1.550% 09/22/17   2014-09-18 2015-02-09
e 339000. AMERICAN EXPRESS CREDIT 2.375% 05/26/20   2015-05-20 2015-07-28
276000. AMERICAN EXPRESS CREDIT 1.800% 07/31/18   2015-07-28 2015-09-09
46000. AMERICAN HONDA FINANCE 2.450% 09/24/20   2015-09-21 2015-12-07
675. ANTHEM INC   2013-11-21 2015-01-28
765. ANTHEM INC     2015-05-13
1530. ANTHEM INC   2013-07-11 2015-06-23
1530. ANTHEM INC   2013-07-11 2015-11-20
5255. ARCHER DANIELS MIDLAND CO COM   2015-11-03 2015-12-16
93000. BB&T CORP 2.450% 01/15/20   2014-12-03 2015-01-26
121000. BP CAPITAL MARKETS PLC 2.315% 02/13/20   2015-02-10 2015-04-23
174000. BANK OF AMERICA CORP 1.700% 08/25/17   2014-08-21 2015-02-19
186000. BANK OF AMERICA CORP 3.875% 08/01/25   2015-07-27 2015-08-13
72000. BANK OF MONTREAL 1.800% 07/31/18   2015-07-28 2015-10-15
74000. BANK NEW YORK MELLON CORP 2.300% 09/11/19   2014-09-04 2015-02-10
287000. BANK OF NEW YORK MELLON 2.150% 02/24/20   2015-02-19 2015-04-17
269000. BANK OF NEW YORK MELLON 2.150% 02/24/20   2015-02-19 2015-08-10
23000. BANK OF NEW YORK MELLON 2.600% 08/17/20   2015-08-10 2015-10-14
46000. BANK OF NEW YORK MELLON 2.600% 08/17/20   2015-08-10 2015-10-28
421. BARD C R INC   2015-01-28 2015-11-11
215000. BURLINGTON NORTHERN SANTA FE CORP 3.650% 09/01/25   2015-08-13 2015-11-16
3000. CHEMOURS CO     2015-07-13
1715. CHESAPEAKE ENERGY CORP   2014-08-14 2015-06-17
4020. CHEVRONTEXACO CORP   2003-09-23 2015-08-26
2500. CITIGROUP INC NEW   2011-02-11 2015-01-14
207000. CITIGROUP INC 5.375% 08/09/20   2011-04-04 2015-11-16
168000. CITIGROUP INC 3.750% 06/16/24   2014-06-09 2015-04-22
224000. CITIGROUP INC 1.850% 11/24/17   2014-11-18 2015-01-29
226000. CITIGROUP INC 1.800% 02/05/18   2015-01-29 2015-02-10
237000. CITIGROUP INC 2.400% 02/13/20   2015-02-10 2015-04-22
240000. CITIGROUP INC 1.700% 04/27/18   2015-04-22 2015-07-23
157000. CITIGROUP INC 2.150% 07/30/18   2015-07-23 2015-12-01
8400. CONOCOPHILLIPS     2015-09-15
261000. ENTERPRISE PRODUCTS OPER 2.550% 10/15/19   2014-10-02 2015-03-06
123000. EXELON CORP 2.850% 06/15/20   2015-06-08 2015-07-02
6573. FEDERATED HIGH YIELD STRATEGY   2012-09-18 2015-11-10
11940. FEDERATED INTERNATIONAL BOND STRATEGY   2012-09-18 2015-01-07
24813. FEDERATED MORTGAGE STRATEGY   2012-09-18 2015-03-17
161. FEDEX CORP   2014-10-29 2015-05-19
6157. GENERAL ELEC CO COM   2004-03-01 2015-04-29
238000. GENERAL MILLS INC 1.400% 10/20/17   2014-10-14 2015-03-09
122000. GOLDMAN SACHS GROUP INC 6.000% 06/15/20   2011-04-04 2015-09-08
128000. GOLDMAN SACHS GROUP INC 3.850% 07/08/24   2014-06-30 2015-05-19
106. GOLDMAN SACHS GROUP INC   2015-01-15 2015-10-21
49000. GOLDMAN SACHS GROUP INC 2.750% 09/15/20   2015-09-08 2015-10-01
77. GOOGLE INC CL A   2014-08-14 2015-04-16
2920. HELMERICH & PAYNE   2013-11-21 2015-01-07
7800. HERSHEY FOODS CORP COM   2010-09-28 2015-02-20
137000. INTEL CORP 2.450% 07/29/20   2015-07-22 2015-11-09
1675. INTERNATIONAL BUSINESS MACHINES   2009-04-23 2015-01-07
80000. JPMORGAN CHASE & CO 4.400% 07/22/20   2011-04-18 2015-11-10
169000. JPMORGAN CHASE & CO 3.625% 05/13/24   2014-05-06 2015-04-28
214000. JPMORGAN CHASE & CO 3.125% 01/23/25   2015-01-15 2015-04-29
88000. JPMORGAN CHASE & CO 2.750% 06/23/20   2015-06-18 2015-10-01
20000. JPMORGAN CHASE & CO 2.550% 10/29/20   2015-10-22 2015-11-05
1000. JOHNSON & JOHNSON COM     2015-05-13
51000. KINDER MORGAN INC 3.050% 12/01/19   2014-11-24 2015-02-20
1005. KRAFT FOODS GROUP INC   2014-12-15 2015-03-26
127000. MCDONALDS CORP 2.200% 05/26/20   2015-05-18 2015-10-01
99000. MERCK & CO INC 1.850% 02/10/20   2015-02-05 2015-02-19
283000. MERRILL LYNCH 6.875% 04/25/18     2015-07-27
151000. METLIFE INC 3.600% 04/10/24   2014-04-07 2015-07-27
2250. MICROSOFT CORP COM   2010-04-08 2015-03-18
76000. MICROSOFT CORP 2.000% 11/03/20   2015-10-29 2015-11-30
174000. MICROSOFT CORP 2.000% 11/03/20   2015-10-29 2015-12-01
37000. MORGAN STANLEY 2.200% 12/07/18   2015-06-03 2015-06-04
160000. MORGAN STANLEY 2.375% 07/23/19   2014-07-17 2015-01-22
158000. MORGAN STANLEY 2.650% 01/27/20   2015-01-22 2015-06-08
108000. MORGAN STANLEY 1.875% 01/05/18   2014-12-02 2015-02-19
84000. ORACLE CORP 2.950% 05/15/25   2015-04-28 2015-07-14
131000. ORACLE CORP 2.950% 05/15/25   2015-04-28 2015-11-16
27162.036 OPPENHEIMER DEVELOPING MARKETS INSTIT CLASS   2013-06-24 2015-10-30
1057. PNC FINL SVCS GROUP INC COM   2011-01-18 2015-04-22
1058. PNC FINL SVCS GROUP INC COM   2011-01-18 2015-07-29
15000. PEPCO HOLDINGS INC   2011-02-22 2015-01-26
118000. PEPSICO INC 2.150% 10/14/20   2015-10-08 2015-12-01
415000. PETROBRAS INTL FINANCIAL 3.500% 02/06/17   2012-09-18 2015-02-02
1851. SPDR S&P REGIONAL BANKING ETF   2013-08-05 2015-01-15
233000. SEMPRA ENERGY 2.400% 03/15/20   2015-03-10 2015-04-17
303000. SHELL INTL FIN 2.125% 05/11/20   2015-05-06 2015-07-13
1620. SIMON PROPERTY GROUP INC   2012-09-21 2015-01-15
116000. STATOIL ASA 2.250% 11/08/19   2014-11-03 2015-07-23
36000. TOYOTA MOTOR CREDIT CORP 1.450% 01/12/18   2015-01-07 2015-01-28
314000. TOYOTA MOTOR CREDIT CORP 2.150% 03/12/20   2015-03-09 2015-05-06
79000. U.S. TREASURY BOND 3.000% 11/15/44   2015-01-14 2015-01-16
81000. U.S. TREASURY BOND 3.000% 11/15/44     2015-01-26
111000. U.S. TREASURY BOND 3.000% 11/15/44     2015-02-05
65000. U.S. TREASURY BOND 3.000% 11/15/44   2015-02-12 2015-02-20
161000. U.S. TREASURY BOND 3.000% 11/15/44   2015-02-12 2015-03-12
129000. U.S. TREASURY NOTE 1.625% 12/31/19   2015-01-16 2015-01-26
52000. U.S. TREASURY NOTE 1.625% 12/31/19   2015-01-16 2015-01-26
52000. U.S. TREASURY NOTE 1.625% 12/31/19   2015-02-20 2015-03-10
36000. U.S. TREASURY NOTE 0.875% 01/15/18   2015-01-28 2015-02-05
80000. U.S. TREASURY NOTE 1.250% 01/31/20   2015-02-06 2015-02-11
112000. U.S. TREASURY NOTE 1.250% 01/31/20   2015-02-06 2015-02-11
32000. U.S. TREASURY NOTE 1.250% 01/31/20   2015-02-06 2015-02-20
112000. U.S. TREASURY NOTE 1.250% 01/31/20   2015-02-10 2015-02-20
79000. U.S. TREASURY NOTE 1.375% 02/29/20   2015-03-06 2015-03-10
190000. U.S. TREASURY NOTE 1.375% 02/29/20   2015-03-06 2015-03-10
416000. U.S. TREASURY NOTE 1.375% 03/31/20     2015-04-30
48000. U.S. TREASURY NOTE 1.375% 03/31/20   2015-04-24 2015-05-20
186000. U.S. TREASURY NOTE 1.375% 03/31/20   2015-04-24 2015-05-20
64000. U.S. TREASURY NOTE .37500% 06/15/15   2014-12-11 2015-04-17
255000. U.S. TREASURY NOTE .37500% 06/15/15   2014-12-11 2015-04-24
127000. U.S. TREASURY NOTE .37500% 06/15/15   2014-12-11 2015-05-19
161000. U.S. TREASURY NOTE .37500% 06/15/15   2014-12-11 2015-05-20
1336000. U.S. TREASURY NOTE .37500% 06/15/15     2015-06-05
58000. U.S. TREASURY NOTE 0.375% 11/15/15   2015-06-05 2015-10-01
112000. U.S. TREASURY NOTE 0.375% 11/15/15   2015-06-05 2015-10-08
144000. U.S. TREASURY NOTE 0.375% 11/15/15   2015-06-05 2015-10-14
112000. U.S. TREASURY NOTE 0.375% 11/15/15   2015-06-05 2015-10-19
81000. U.S. TREASURY NOTE 0.375% 11/15/15   2015-06-05 2015-10-28
254000. U.S. TREASURY NOTE 0.375% 11/15/15   2015-06-05 2015-10-30
80000. U.S. TREASURY NOTE 0.375% 11/15/15   2015-06-05 2015-11-03
1465000. U.S. TREASURY NOTE 0.375% 11/15/15     2015-11-04
63000. U.S. TREASURY NOTE .25000% 12/15/15   2015-09-22 2015-11-18
337000. U.S. TREASURY NOTE .25000% 12/15/15   2015-09-22 2015-12-01
80000. U.S. TREASURY NOTE .25000% 12/15/15   2015-09-22 2015-12-01
293000. U.S. TREASURY NOTE .25000% 12/15/15   2015-09-22 2015-12-03
723000. U.S. TREASURY NOTE .25000% 12/15/15     2015-12-15
32000. U.S. TREASURY NOTE 0.250% 03/31/15   2014-07-29 2015-01-08
337000. U.S. TREASURY NOTE 0.250% 03/31/15   2014-07-29 2015-01-14
127000. U.S. TREASURY NOTE 0.250% 03/31/15   2014-07-29 2015-01-16
63000. U.S. TREASURY NOTE 0.250% 03/31/15   2014-07-29 2015-01-26
239000. U.S. TREASURY NOTE 0.250% 03/31/15   2014-07-29 2015-02-12
1425000. U.S. TREASURY NOTE 0.250% 03/31/15     2015-03-12
303000. U.S. TREASURY NOTE 0.250% 09/30/15     2015-06-04
127000. U.S. TREASURY NOTE 0.250% 09/30/15     2015-06-11
81000. U.S. TREASURY NOTE 0.250% 09/30/15   2015-03-12 2015-06-18
64000. U.S. TREASURY NOTE 0.250% 09/30/15   2015-03-12 2015-06-24
32000. U.S. TREASURY NOTE 0.250% 09/30/15   2015-03-12 2015-07-23
126000. U.S. TREASURY NOTE 0.250% 09/30/15   2015-03-12 2015-08-04
15000. U.S. TREASURY NOTE 0.250% 09/30/15   2015-03-12 2015-08-14
1501000. U.S. TREASURY NOTE 0.250% 09/30/15     2015-09-22
64000. U.S. TREASURY NOTE 2.125% 05/15/25   2015-06-24 2015-07-02
180000. UNITEDHEALTH GROUP INC 2.300% 12/15/19   2014-12-03 2015-01-16
5100. VERIZON COMMUNICATIONS   2009-04-23 2015-01-28
435000. WELLS FARGO & CO 2.150% 01/30/20   2015-01-26 2015-02-06
7867. WHOLE FOODS MKT INC     2015-11-03
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 705,187   672,500 32,687
b 167,934   165,396 2,538
c 377,840   430,808 -52,968
d 115,561   114,846 715
e 336,776   338,678 -1,902
275,084   275,653 -569
46,375   45,971 404
92,022   62,586 29,436
122,319   66,401 55,918
259,261   130,592 128,669
197,693   130,592 67,101
184,069   227,654 -43,585
94,401   92,865 1,536
122,832   121,000 1,832
174,821   173,817 1,004
186,913   185,665 1,248
72,440   71,901 539
74,918   73,986 932
290,533   286,566 3,967
264,841   268,618 -3,777
23,511   22,990 521
46,868   45,979 889
77,490   74,570 2,920
217,382   214,542 2,840
34,207   21,710 12,497
21,098   44,579 -23,481
287,105   145,969 141,136
120,603   121,750 -1,147
225,901   214,818 11,083
175,048   167,792 7,256
225,124   223,955 1,169
225,159   225,829 -670
238,285   236,497 1,788
237,696   239,301 -1,605
157,750   156,964 786
396,689   246,621 150,068
262,754   260,950 1,804
123,817   122,977 840
83,543   91,316 -7,773
166,802   189,007 -22,205
250,363   255,766 -5,403
28,742   26,452 2,290
166,663   202,967 -36,304
237,574   237,957 -383
139,563   130,370 9,193
130,130   127,831 2,299
19,426   18,846 580
49,238   48,901 337
41,556   45,181 -3,625
172,995   231,338 -58,343
830,724   370,803 459,921
138,252   136,882 1,370
259,082   171,270 87,812
85,024   78,106 6,918
174,447   168,172 6,275
211,779   213,536 -1,757
88,773   87,856 917
19,860   19,980 -120
100,619   53,605 47,014
51,614   50,896 718
84,395   59,826 24,569
126,798   126,776 22
98,436   98,981 -545
318,754   316,517 2,237
151,948   150,988 960
93,073   67,323 25,750
76,182   75,940 242
175,007   173,863 1,144
37,063   36,972 91
159,350   159,304 46
158,292   157,869 423
108,431   107,883 548
80,244   83,623 -3,379
127,092   130,429 -3,337
857,234   870,000 -12,766
95,845   66,839 29,006
103,728   66,902 36,826
408,963   283,494 125,469
118,245   117,876 369
385,909   433,260 -47,351
67,925   69,572 -1,647
236,292   232,808 3,484
301,700   302,358 -658
321,633   237,947 83,686
116,219   115,951 268
36,212   35,952 260
315,174   313,771 1,403
89,097   88,396 701
91,309   90,284 1,025
124,983   118,224 6,759
69,040   71,065 -2,025
172,735   176,008 -3,273
130,718   131,225 -507
52,693   52,897 -204
52,067   52,205 -138
36,042   36,015 27
79,006   79,158 -152
110,609   110,821 -212
31,566   31,665 -99
110,482   110,644 -162
78,121   77,794 327
187,900   187,101 799
414,765   417,128 -2,363
47,593   48,085 -492
184,460   186,330 -1,870
64,038   64,026 12
255,100   255,078 22
127,035   127,019 16
161,031   161,023 8
1,336,104   1,336,078 26
58,029   58,019 10
112,035   112,027 8
144,034   144,029 5
112,026   112,021 5
81,006   81,007 -1
254,020   254,023 -3
80,013   80,006 7
1,465,229   1,465,116 113
63,010   63,009 1
337,000   337,018 -18
80,000   80,004 -4
293,023   293,010 13
723,000   723,000  
32,016   32,016  
337,145   337,157 -12
127,060   127,053 7
63,020   63,023 -3
239,075   239,068 7
1,425,167   1,425,150 17
303,189   303,185 4
127,079   127,056 23
81,060   81,025 35
64,040   64,019 21
32,013   32,006 7
126,034   126,019 15
15,004   15,002 2
1,501,000   1,501,027 -27
62,607   62,596 11
183,870   179,678 4,192
238,433   148,527 89,906
434,817   434,411 406
246,889   402,655 -155,766
      167,889
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       32,687
b       2,538
c       -52,968
d       715
e       -1,902
      -569
      404
      29,436
      55,918
      128,669
      67,101
      -43,585
      1,536
      1,832
      1,004
      1,248
      539
      932
      3,967
      -3,777
      521
      889
      2,920
      2,840
      12,497
      -23,481
      141,136
      -1,147
      11,083
      7,256
      1,169
      -670
      1,788
      -1,605
      786
      150,068
      1,804
      840
      -7,773
      -22,205
      -5,403
      2,290
      -36,304
      -383
      9,193
      2,299
      580
      337
      -3,625
      -58,343
      459,921
      1,370
      87,812
      6,918
      6,275
      -1,757
      917
      -120
      47,014
      718
      24,569
      22
      -545
      2,237
      960
      25,750
      242
      1,144
      91
      46
      423
      548
      -3,379
      -3,337
      -12,766
      29,006
      36,826
      125,469
      369
      -47,351
      -1,647
      3,484
      -658
      83,686
      268
      260
      1,403
      701
      1,025
      6,759
      -2,025
      -3,273
      -507
      -204
      -138
      27
      -152
      -212
      -99
      -162
      327
      799
      -2,363
      -492
      -1,870
      12
      22
      16
      8
      26
      10
      8
      5
      5
      -1
      -3
      7
      113
      1
      -18
      -4
      13
       
       
      -12
      7
      -3
      7
      17
      4
      23
      35
      21
      7
      15
      2
      -27
      11
      4,192
      89,906
      406
      -155,766
       
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 1,399,310
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 2,175,039 48,570,303 0.044781
2013 2,170,664 46,236,883 0.046947
2012 2,997,425 43,690,699 0.068606
2011 1,870,603 43,039,230 0.043463
2010 1,778,529 39,114,599 0.04547
2
Total of line 1, column (d) .....................
20.249267
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
0.049853
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
48,304,265
5
Multiply line 4 by line 3......................
5
2,408,113
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
24,939
7
Add lines 5 and 6........................
7
2,433,052
8
Enter qualifying distributions from Part XII, line 4.............
8
2,484,190
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 24,939
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 24,939
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 24,939
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 40,349
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,349
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
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 15,410
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet15,410 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    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 addressbulletNONE
    14
    The books are in care ofbulletFARMERS TRUST COMPANY Telephone no.bullet (330) 743-7000

    Located atbullet42 MCCLURG ROADYOUNGSTOWNOH ZIP+4bullet44512
    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
     
    No
    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
    FARMERS TRUST COMPANY CO-TRUSTEE
    2     		245,754    
    42 MCCLURG ROAD
    YOUNGSTOWN,OH44512
    HERBERT H PRIDHAM CO-TRUSTEE
    1     		64,562    
    42 MCCLURG ROAD
    YOUNGSTOWN,OH44512
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    47,764,340
    b
    Average of monthly cash balances.......................
    1b
    1,275,523
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    49,039,863
    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
    49,039,863
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    735,598
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    48,304,265
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,415,213
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,415,213
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    24,939
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    24,939
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,390,274
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,390,274
    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
    2,390,274
    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
    2,484,190
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,484,190
    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
    24,939
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,459,251
    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 2,390,274
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:2013, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 0
    b From 2011...... 0
    c From 2012...... 215,640
    d From 2013...... 0
    e From 2014...... 0
    fTotal of lines 3a through e........ 215,640
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 2,484,190
    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..... 2,390,274
    e Remaining amount distributed out of corpus 93,916
    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 5 309,556
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		309,556
    10 Analysis of line 9:
    a Excess from 2011.... 0
    b Excess from 2012.... 215,640
    c Excess from 2013.... 0
    d Excess from 2014.... 0
    e Excess from 2015.... 93,916
    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).)
    NONE
    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.
    NONE
    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
    LAKE ERIE COLLEGE
    391 WEST WASHINGTON ST
    PAINESVILLE,OH44077     		N/A COLLEGE PUBLIC SUPPORT 341,280
    BUTLER INSTITUTE OF ART
    524 WICK AVE
    YOUNGSTOWN,OH44502     		N/A MUSEUM PUBLIC SUPPORT 341,280
    MAHONING VALLEY HISTORICAL SOCIETY
    648 WICK AVENUE
    YOUNGSTOWN,OH44502     		N/A EDUCATION PUBLIC SUPPORT 341,280
    FIRST PRESBYTERIAN CHURCH - CANFIELD
    140 WEST MAIN STREET
    CANFIELD,OH44406     		N/A RELIGIOUS PUBLIC SUPPORT 341,280
    HOSPICE OF YOUNGSTOWN
    5190 MARKET STREET
    YOUNGSTOWN,OH44512     		N/A CHARITY PUBLIC SUPPORT 341,280
    PARK VISTA RETIREMENT COMMUNITY
    1216 FIFTH AVENUE
    YOUNGSTOWN,OH44504     		N/A CHARITY PUBLIC SUPPORT 341,280
    HENRY H STAMBAUGH AUDITORIUM
    1000 FIFTH AVENUE
    YOUNGSTOWN,OH445041603     		N/A CHARITY PUBLIC SUPPORT 341,280
    Total .................................bullet 3a 2,388,960
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 15  
    4 Dividends and interest from securities....     14 1,313,695  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 1,399,310  
    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)..   2,713,020  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,713,020
    (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:
    CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
    EIN:
    35-6735706
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,580 645   1,935

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
    EIN:
    35-6735706
    Name of Bond End of Year Book Value End of Year Fair Market Value
    146,000 AT&T 2.450% 6/30/20 145,569 143,784
    176,000 AT&T 4.750% 5/15/46 172,929 161,146
    79,000 ACE INA HDGS 2.300% 78,956 78,432
    295,000 CA ST GEN PURP 7.550 421,511 428,490
    223,000 AMERICAN EXPRESS 2.6 222,824 223,515
    159,000 MORGAN STANLEY 5.500 159,139 178,139
    155,000 AMERICAN HONDA FINAN 154,899 155,240
    207,000 CITIGROUP INC 5.375%    
    300,000 BANK OF AMERICA 2.25 299,424 292,761
    223,000 GOLDMAN SACHS 6.000%    
    172,000 JPMORGAN CHASE 4.40%    
    153,000 BANK OF AMERICA 2.62 152,950 151,075
    283,000 MERRILL LYNCH 6.875%    
    145,000 BANK OF NY MELLON 2. 144,932 145,573
    90,000 BANK OF NEW YORK 2.4 89,942 89,604
    334,000 BANK NOVA SCOTIA 1.7 333,843 332,734
    122,000 CVS HEALTH CORP 2.80 121,910 122,548
    123,000 CELGENE CORP 2.875% 122,777 122,073
    98,000 CHEVRON CORP 2.419% 98,000 97,449
    130,000 CITIGROUP 3.300% 4/2 129,769 127,672
    364,000 CITIGROUP 2.050% 12/ 363,949 362,078
    $166,000 AT&T    
    101,000 GOLDMAN SACHS GROUP 107,930 114,141
    115,000 AMERICAN EXPRESS CR    
    93,000 BB&T CORP 2.450%    
    61,000 BP CAPITAL MKTS 3.53 61,000 59,330
    174,000 BANK OF AMERICA 1.70    
    74,000 BK NY MELLON 2.300%    
    168,000 CITIGROUP 3.750%    
    224,000 CITIGROUP 1.850%    
    159,000 GOLDMAN SACHS 6.250% 185,415 189,655
    261,000 ENTERPRISE PRODUCTS    
    238,000 GENERAL MILLS 1.400%    
    128,000 GOLDMAN SACHS GR 3.8    
    169,000 JPMORGAN CHASE 3.625    
    140,000 KINDER MORGAN ENERGY 139,765 119,090
    51,000 KINDER MORGAN 3.050%    
    207,000 MORGAN STANLEY 4.75%    
    151,000 METLIFE 3.600%    
    415,000 PETROBAS INT 3.500%    
    132,000 RIO TINTO 1.625%    
    116,000 STATOIL ASA 2.250%    
    108,000 MORGAN STANLEY 1.875    
    180,000 UNITEDHEALTH GROUP 2    
    369,000 VERIZON COMMUNICATIO 382,609 438,080
    160,000 MORGAN STANLEY 2.375    
    106,000 GOLDMAN SACHS GROUP 106,361 105,930
    164,000 GOLDMAN SACHS GROUP 163,493 165,094
    92,000 JPMORGAN CHASE & CO 89,821 98,199
    81,000 JPMORGAN & CHASE CO 80,695 83,472
    166,000 LOCKHEED MARTIN CORP 164,718 166,584
    127,000 MORGAN STANLEY 2.800 126,860 127,404
    169,000 ORACLE CORP 2.950% 5 168,263 164,638
    293,000 ROYAL BANK CANADA 2. 292,933 292,751
    32,000 SHELL INTL 2.250% 11 31,824 31,529
    496,000 WELLS FARGO 2.550% 1 495,469 493,560
    65,000 WESTPAC BANKING 2.60 64,951 65,254

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
    EIN:
    35-6735706
    Name of Stock End of Year Book Value End of Year Fair Market Value
    4,020 SHS CHEVRON CORP    
    7,000 SHS MCDONALDS CORP 356,493 826,980
    1,896 SHS AMERICAN EXPRESS    
    7,000 SHS JOHNSON & JOHNSON 347,140 719,040
    8,000 SHS ABBOTT LABS 185,021 359,280
    20,000 SHS AT&T INC    
    8,400 SHS CONOCOPHILLIPS    
    15,000 SHS DUPONT DE NEMOURS 424,354 999,000
    34,891 SHS GENERAL ELEC 565,093 1,086,855
    8,000 SHS PROCTOR & GAMBLE 436,099 635,280
    1,675 SHS IBM    
    15,000 SHS DOMINION RESOURCES 539,249 1,014,600
    10,250 SHS CAMPBELL SOUP CO 377,713 538,638
    10,096 SHS EXXON MOBIL CORP 729,823 786,983
    4,000 SHS UNITED TECHNOLOGIES 198,132 384,280
    30,000 SHS PFIZER INC 489,606 968,400
    20,000 SHS ALTRIA GROUP INC 339,000 1,164,200
    2,925 SHS ANALOG DEVICES 135,003 161,811
    8,135 SHS AUTOMATIC DATA PROC    
    20,000 SHS COCA COLA CO 488,793 859,200
    10,000 SHS HOME DEPOT INC 250,000 1,322,500
    10,000 SHS HONEYWELL INT'L INC 241,822 1,035,700
    2,920 SHS HELMERICH & PAYNE    
    12,000 SHS PHILIP MORRIS INT'L 500,137 1,054,920
    12,000 SHS SMUCKER J M CO NEW 415,484 1,480,080
    10,768 SHS VERIZON COMM 327,791 497,697
    8,715 SHS APPLE COMPUTER 299,161 917,341
    5,000 SHS BERKSHIRE HATHAWAY 398,440 660,200
    1,715 SHS CHESAPEAKE ENERGY C    
    7,800 SHS HERSHEY COMPANY    
    5,000 SHS LAUDER ESTEE COS 160,300 440,300
    12,750 SHS MICROSOFT 381,499 707,370
    10,000 SHS NEXTERA ENERGY 551,759 1,038,900
    4,500 SHS PARKER-HANNIFIN 303,941 436,410
    2,500 SHS CITIGROUP NEW    
    3,600 SHS ILLINOIS TOOLWORKS    
    5,000 SHS NORFOLK & SOUTHERN 320,165 422,950
    2 ,115 SHS PNC FINL SVS GROUP    
    15,000 SHS PEPCO HOLDINGS    
    40,320 SHS CORNING INC    
    12,400 SHS NIKE INC CL B 345,218 775,000
    4,200 SHS PHILLIPS 66 73,283 343,560
    2,950 SHS PRAXAIR INC 343,950 302,080
    1,620 SHS SIMON PROPERTY GRP    
    4,500 SHS ANTHEM INC    
    484 SHS FEDEX CORP 79,521 72,111
    77 SHS GOOGLE INC CL A    
    1,005 SHS KRAFT FOODS GROUP    
    2,642 SHS ACTIVISION BLIZZARD 97,830 102,272
    2,206 SHS AMGEN INC 352,006 358,100
    857 SHS BARD INC 148,845 162,350
    3,668 SHS CBRE GROUP 123,557 126,839
    4,266 SHS CME GROUP 388,336 386,500
    1,454 SHS CVS HEALTH CORP 147,336 142,158
    4,889 SHS COGNIZANT TECH SOLU 277,232 293,438
    7,200 SHS CONSTELLATION BRAND 825,463 1,025,568
    40,320 SHS CORNING INC 792,023 737,050
    300 SHS DISNEY WALT INC 35,325 31,524
    638 SHS EASTMAN CHEMICAL CO 48,382 43,071
    3,329 SHS GLAXOSMITHKLINE 137,987 134,325
    273 SHS GOLDMAN SACHS GROUP 48,537 49,203
    16,017 SHS HOST HOTELS & RESOR 371,623 245,701
    6,028 SHS OCCIDENTAL PETROLEU 419,008 419,723
    921 SHS PEPSICO 92,624 92,026
    90 SHS TRAVELERS COMPANIES I 9,991 10,157
    2,312 SHS TYSON FOODS INC 91,833 123,299
    6,782 SHS VISA INC 436,413 525,944

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
    EIN:
    35-6735706
    US Government Securities - End of Year Book Value:

    2,814,299
    US Government Securities - End of Year Fair Market Value:

    2,816,176
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2015 InvestmentsOtherSchedule2
    Name:
    CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
    EIN:
    35-6735706
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CAPITAL CR EQUITY AGLAND CO-OP AT COST 3,641 6,303
    10,209.000 SPDR S&P REGIONAL AT COST 377,920 427,961
    192,519.000 FED CORP BD STRAT AT COST 2,301,006 2,112,825
    139,746.000 FED HIGH YIELD STR AT COST 1,941,441 1,695,119
    41,293.000 FED INTL BOND STRA AT COST 653,656 566,127
    338,036.000 FED MORTGAGE STRAT AT COST 3,484,391 3,363,458
    16,959.000 IVY INTERNL CORE E AT COST 334,771 284,402
    46,624.125 GOLDMAN SACHS SM/M AT COST 920,853 946,470
    29,979.236 JPMORGAN SM CAP AT COST 1,608,940 1,382,942
    27,162.036 OPPENHEIMER DEV MK      
    81,928.401 GOLDMAN SACHS INTL AT COST 855,333 856,152

    TY 2015 OtherDecreasesSchedule
    Name:
    CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
    EIN:
    35-6735706
    Description Amount
    ROUNDING 6
    ST WASH SALE ADJUSTMENT 2,945


    TY 2015 OtherExpensesSchedule
    Name:
    CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
    EIN:
    35-6735706
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE OF OHIO FILING FEE 200 0   200


    TY 2015 TaxesSchedule
    Name:
    CHRISTMAN ANNE KILCAWLEY FDN XXX-XX-XXXX
    EIN:
    35-6735706
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - INCOME 16,600 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,082 1,082   0
    FOREIGN TAXES ON NONQUALIFIED 218 218   0