TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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
RAMSER-MORGAN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)5524 AVINGTON PARKWAY
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CLARKSTON, MI48348

A Employer identification number

38-3003280

B Telephone number (see instructions)

(313) 319-7576

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,150,268J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	42,535		42,070
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		52,372
b	Gross sales price for all assets on line 6a 322,320
7	Capital gain net income (from Part IV, line 2)...			52,372
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........	94,907		94,442
13	Compensation of officers, directors, trustees, etc.
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).......		900	450		450
c	Other professional fees (attach schedule)....		14,990	14,990		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		612	156		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).......		20	20
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	16,522		15,616	0	450
25	Contributions, gifts, grants paid.......	59,000				59,000
26	Total expenses and disbursements. Add lines 24 and 25	75,522		15,616	0	59,450
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	19,385
b	Net investment income (if negative, enter -0-)			78,826
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	95,986	44,864	44,864
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 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).......	686,928	757,485	756,979
	c	Investments—corporate bonds (attach schedule).......	352,333	352,265	348,425
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,135,247	1,154,614	1,150,268
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	1,135,247	1,154,614
	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).....	1,135,247	1,154,614
	31	Total liabilities and net assets/fund balances (see instructions).	1,135,247	1,154,614

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

1,135,247

Enter amount from Part I, line 27a .....................

19,385

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

1,154,632

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

1,154,614

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	130. B & G FOODS HLDGS CORP CLASS A		2014-12-11	2015-02-10
b	10. CHEVRONTEXACO CORP		2012-09-17	2015-02-10
c	60. CISCO SYS INC		2013-09-10	2015-02-10
d	150. CONAGRA INC		2010-02-05	2015-02-10
e	90. CORNING INCORPORATED		2012-12-24	2015-02-10
	160. EDUCATION RLTY TR INC		2013-12-05	2015-02-10
	40. GENERAL ELECTRIC CO		2014-03-07	2015-02-10
	30. HANOVER INS GROUP INC		2012-12-05	2015-02-10
	10. INNOPHOS HLDGS INC		2014-07-31	2015-02-10
	200. INTEL CORP		2013-03-12	2015-02-10
	160. LEGGETT & PLATT INC		2010-12-10	2015-02-10
	80. MEREDITH CORP		2011-08-09	2015-02-10
	170. SELECT MED HLDGS CORP		2013-07-19	2015-02-10
	340. SUMMIT HOTEL PROPERTIES INC (REIT)		2014-01-28	2015-02-10
	10. TARGET CORP		2014-04-01	2015-02-10
	30. ARES CAPITAL CORP		2014-03-07	2015-03-11
	5. CHEVRONTEXACO CORP		2012-09-17	2015-03-11
	40. DONNELLEY R R & SONS CO		2011-02-22	2015-03-11
	10. EDUCATION RLTY TR INC		2013-12-05	2015-03-11
	50. FIRSTMERIT CORPORATION		2014-04-01	2015-03-11
	10. HATTERAS FINL CORP		2014-03-07	2015-03-11
	15. INNOPHOS HLDGS INC		2014-07-31	2015-03-11
	20. ISHARES MSCI EAFE INDEX FD		2013-11-21	2015-03-11
	20. MEREDITH CORP		2014-03-07	2015-03-11
	20. TARGET CORP		2014-04-01	2015-03-11
	450. EDUCATION RLTY TR INC		2013-12-05	2015-04-17
	50. AMERICAN RAILCAR INDS INC		2015-02-10	2015-05-19
	60. ARES CAPITAL CORP		2014-03-07	2015-05-19
	20. B & G FOODS HLDGS CORP CLASS A		2014-12-11	2015-05-19
	110. CA INC		2015-02-10	2015-05-19
	10. CA INC		2012-03-05	2015-05-19
	70. CISCO SYS INC		2013-09-10	2015-05-19
	60. COMMERCIAL METAL CO		2014-12-11	2015-05-19
	40. CONAGRA INC		2014-03-12	2015-05-19
	20. CONOCOPHILLIPS		2014-08-15	2015-05-19
	60. CORNING INCORPORATED		2012-12-24	2015-05-19
	40. DONNELLEY R R & SONS CO		2011-02-22	2015-05-19
	60. F N B CORP PA		2014-09-04	2015-05-19
	40. FIRSTMERIT CORPORATION		2014-04-01	2015-05-19
	190. FORD MOTOR CO		2014-04-01	2015-05-19
	20. GALLAGHER ARTHUR J & CO		2015-02-10	2015-05-19
	110. GENERAL ELECTRIC CO		2014-03-07	2015-05-19
	90. GREIF INC CL A		2013-05-17	2015-05-19
	30. HANOVER INS GROUP INC		2012-12-05	2015-05-19
	70. HATTERAS FINL CORP		2014-03-07	2015-05-19
	20. INNOPHOS HLDGS INC		2014-07-30	2015-05-19
	50. INTEL CORP		2014-03-07	2015-05-19
	10. KELLOGG CO		2013-07-18	2015-05-19
	10. KELLOGG CO		2015-02-10	2015-05-19
	20. LEGGETT & PLATT INC		2014-03-07	2015-05-19
	50. M D C HLDGS INC		2013-12-06	2015-05-19
	100. MATTEL INC		2014-12-11	2015-05-19
	30. MERCK & CO INC NEW		2015-02-10	2015-05-19
	10. MEREDITH CORP		2014-03-07	2015-05-19
	100. OLD REP INTL CORP		2013-03-12	2015-05-19
	70. PBF ENERGY INC		2015-02-10	2015-05-19
	160. PBF ENERGY INC		2014-04-01	2015-05-19
	15. RAYTHEON COMPANY		2015-02-10	2015-05-19
	170. SELECT MED HLDGS CORP		2013-07-19	2015-05-19
	70. STARWOOD PPTY TR INC		2015-02-10	2015-05-19
	190. STEELCASE INC		2013-09-23	2015-05-19
	220. SUMMIT HOTEL PROPERTIES INC (REIT)		2014-03-07	2015-05-19
	20. TAL INTL GROUP INC		2012-12-06	2015-05-19
	20. TAL INTL GROUP INC		2015-02-10	2015-05-19
	40. TARGET CORP		2014-04-01	2015-05-19
	360. SCORPIO TANKERS INC		2015-03-11	2015-05-19
	162. CISCO SYS INC		2013-09-10	2015-06-11
	267. DONNELLEY R R & SONS CO		2013-04-30	2015-06-11
	268. F N B CORP PA		2014-09-04	2015-06-11
	261. FIRSTMERIT CORPORATION		2014-04-01	2015-06-11
	52. F N B CORP PA		2014-09-04	2015-06-12
	155. PBF ENERGY INC		2014-04-01	2015-06-23
	4. TAL INTL GROUP INC		2012-12-06	2015-06-23
	9. TAL INTL GROUP INC		2012-12-06	2015-06-24
	149. HATTERAS FINL CORP		2014-02-10	2015-07-31
	99. MEREDITH CORP		2014-03-10	2015-07-31
	184. SELECT MED HLDGS CORP		2013-07-22	2015-07-31
	116. HATTERAS FINL CORP		2014-02-10	2015-08-03
	11. MEREDITH CORP		2011-08-09	2015-08-03
	161. SELECT MED HLDGS CORP		2013-07-23	2015-08-03
	111. HATTERAS FINL CORP		2014-02-10	2015-08-04
	38. MEREDITH CORP		2011-08-09	2015-08-04
	236. SELECT MED HLDGS CORP		2013-07-26	2015-08-04
	91. HATTERAS FINL CORP		2014-02-07	2015-08-05
	19. MEREDITH CORP		2011-08-09	2015-08-05
	161. SELECT MED HLDGS CORP		2013-07-30	2015-08-05
	130. HATTERAS FINL CORP		2014-02-07	2015-08-06
	30. MEREDITH CORP		2011-08-09	2015-08-06
	193. SELECT MED HLDGS CORP		2013-11-21	2015-08-06
	131. HATTERAS FINL CORP		2014-02-07	2015-08-07
	32. MEREDITH CORP		2011-08-09	2015-08-07
	205. SELECT MED HLDGS CORP		2013-11-21	2015-08-07
	9. HATTERAS FINL CORP		2015-02-10	2015-08-10
	102. HATTERAS FINL CORP		2014-02-07	2015-08-10
	19. MEREDITH CORP		2011-08-09	2015-08-10
	50. HANOVER INS GROUP INC		2012-12-05	2015-08-11
	91. HATTERAS FINL CORP		2015-02-10	2015-08-11
	141. LEGGETT & PLATT INC		2014-03-07	2015-08-11
	23. MEREDITH CORP		2011-08-09	2015-08-11
	44. HANOVER INS GROUP INC		2012-12-05	2015-08-12
	119. LEGGETT & PLATT INC		2010-12-10	2015-08-12
	30. MEREDITH CORP		2011-08-09	2015-08-12
	48. HANOVER INS GROUP INC		2012-12-06	2015-08-13
	73. LEGGETT & PLATT INC		2010-12-10	2015-08-13
	19. MEREDITH CORP		2011-08-09	2015-08-13
	15. HANOVER INS GROUP INC		2012-12-06	2015-08-17
	37. LEGGETT & PLATT INC		2010-12-10	2015-08-17
	30. HANOVER INS GROUP INC		2012-12-06	2015-08-21
	53. HANOVER INS GROUP INC		2012-12-06	2015-08-27
	35000. MORGAN STANLEY SR NT 3.45% 11/02/2015		2013-11-06	2015-11-02
	338. COMMERCIAL METAL CO		2014-12-11	2015-11-09
	176. M D C HLDGS INC		2013-12-06	2015-11-09
	100. COMMERCIAL METAL CO		2014-12-10	2015-11-10
	54. M D C HLDGS INC		2013-12-06	2015-11-10
	60. COMMERCIAL METAL CO		2014-12-10	2015-11-17
	276. COMMERCIAL METAL CO		2014-12-12	2015-11-23
	54. M D C HLDGS INC		2013-12-06	2015-11-23
	53. COMMERCIAL METAL CO		2014-12-12	2015-11-25
	33. M D C HLDGS INC		2013-12-06	2015-11-25
	92. COMMERCIAL METAL CO		2014-12-15	2015-11-30
	101. M D C HLDGS INC		2013-12-05	2015-11-30
	303. LSI INDS INC OHIO		2008-08-20	2015-12-04
	44. COMMERCIAL METAL CO		2014-12-15	2015-12-09
	11. M D C HLDGS INC		2013-12-05	2015-12-09
	92. COMMERCIAL METAL CO		2014-12-15	2015-12-10
	45. COMMERCIAL METAL CO		2015-03-11	2015-12-10
	39. M D C HLDGS INC		2013-12-05	2015-12-10
	48. M D C HLDGS INC		2013-12-05	2015-12-14
	5. M D C HLDGS INC		2015-02-10	2015-12-15
	24. M D C HLDGS INC		2013-12-05	2015-12-15
	75. M D C HLDGS INC		2015-02-10	2015-12-15
	1. ADJUSTMENT FOR ROUNDING		2014-01-01	2015-12-31
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,895	3,954	-59
b	1,086	1,181	-95
c	1,633	1,453	180
d	5,421	3,404	2,017
e	2,201	1,140	1,061
	5,479	4,373	1,106
	984	1,044	-60
	2,137	1,132	1,005
	611	609	2
	6,640	4,306	2,334
	7,008	3,557	3,451
	4,294	1,961	2,333
	2,367	1,534	833
	4,339	3,037	1,302
	762	607	155
	504	537	-33
	518	591	-73
	774	749	25
	344	273	71
	942	1,073	-131
	176	193	-17
	825	912	-87
	1,254	1,317	-63
	1,067	921	146
	1,559	1,215	344
	15,752	12,299	3,453
	2,761	2,704	57
	993	1,073	-80
	599	608	-9
	3,494	3,515	-21
	318	269	49
	2,080	1,696	384
	973	976	-3
	1,539	1,194	345
	1,304	1,613	-309
	1,289	760	529
	753	749	4
	818	772	46
	800	859	-59
	2,943	3,119	-176
	974	925	49
	3,008	2,707	301
	3,853	4,636	-783
	2,138	1,132	1,006
	1,265	1,342	-77
	1,046	1,216	-170
	1,651	1,239	412
	644	666	-22
	644	662	-18
	957	644	313
	1,444	1,482	-38
	2,603	3,120	-517
	1,820	1,771	49
	531	460	71
	1,548	1,238	310
	1,917	1,992	-75
	4,383	4,259	124
	1,604	1,604
	2,690	1,534	1,156
	1,709	1,696	13
	3,428	3,084	344
	2,948	2,015	933
	748	688	60
	748	820	-72
	3,131	2,429	702
	3,307	3,162	145
	4,681	3,924	757
	5,047	3,504	1,543
	3,771	3,447	324
	5,435	5,604	-169
	729	669	60
	4,513	4,126	387
	144	138	6
	321	309	12
	2,420	2,844	-424
	4,698	3,497	1,201
	2,661	1,660	1,001
	1,881	2,214	-333
	521	270	251
	2,364	1,452	912
	1,798	2,100	-302
	1,816	932	884
	3,411	2,125	1,286
	1,471	1,708	-237
	889	466	423
	2,329	1,434	895
	2,098	2,440	-342
	1,349	736	613
	2,767	1,670	1,097
	2,101	2,459	-358
	1,455	785	670
	2,940	1,762	1,178
	144	161	-17
	1,629	1,915	-286
	867	466	401
	4,052	1,887	2,165
	1,467	1,627	-160
	6,727	3,334	3,393
	1,030	564	466
	3,534	1,661	1,873
	5,643	2,645	2,998
	1,333	736	597
	3,886	1,809	2,077
	3,521	1,623	1,898
	852	466	386
	1,237	562	675
	1,797	822	975
	2,408	1,123	1,285
	4,152	1,985	2,167
	35,000	36,512	-1,512
	4,882	5,468	-586
	4,380	5,215	-835
	1,447	1,605	-158
	1,391	1,600	-209
	844	963	-119
	3,992	4,386	-394
	1,425	1,600	-175
	781	839	-58
	883	963	-80
	1,363	1,452	-89
	2,649	2,931	-282
	3,572	2,485	1,087
	634	688	-54
	278	319	-41
	1,334	1,439	-105
	647	675	-28
	976	1,132	-156
	1,184	1,393	-209
	126	133	-7
	603	696	-93
	1,884	1,991	-107
	5		5
			176

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			-59
b			-95
c			180
d			2,017
e			1,061
			1,106
			-60
			1,005
			2
			2,334
			3,451
			2,333
			833
			1,302
			155
			-33
			-73
			25
			71
			-131
			-17
			-87
			-63
			146
			344
			3,453
			57
			-80
			-9
			-21
			49
			384
			-3
			345
			-309
			529
			4
			46
			-59
			-176
			49
			301
			-783
			1,006
			-77
			-170
			412
			-22
			-18
			313
			-38
			-517
			49
			71
			310
			-75
			124

			1,156
			13
			344
			933
			60
			-72
			702
			145
			757
			1,543
			324
			-169
			60
			387
			6
			12
			-424
			1,201
			1,001
			-333
			251
			912
			-302
			884
			1,286
			-237
			423
			895
			-342
			613
			1,097
			-358
			670
			1,178
			-17
			-286
			401
			2,165
			-160
			3,393
			466
			1,873
			2,998
			597
			2,077
			1,898
			386
			675
			975
			1,285
			2,167
			-1,512
			-586
			-835
			-158
			-209
			-119
			-394
			-175
			-58
			-80
			-89
			-282
			1,087
			-54
			-41
			-105
			-28
			-156
			-209
			-7
			-93
			-107
			5

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	52,372
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 ...................		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? Yes No

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	64,450	1,282,043	0.050271
2013	62,450	1,229,607	0.050789
2012	45,450	1,102,827	0.041212
2011	51,800	1,064,487	0.048662
2010	55,014	916,899	0.06

Total of line 1, column (d) .....................

20.250934

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 . . .

0.050187

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

1,193,414

Multiply line 4 by line 3......................

59,894

Enter 1% of net investment income (1% of Part I, line 27b)...........

788

Add lines 5 and 6........................

60,682

Enter qualifying distributions from Part XII, line 4.............

59,450

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)

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	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,577
	hereand 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	1,577
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	1,577
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	1,744
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	1,744
8	Enter any penalty for underpayment of estimated tax. Check hereif 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	167
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax167	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

COMERICA BANK Telephone no. bullet

(877) 405-1091

Located at bullet

101 NORTH MAIN STREETANN ARBORMI ZIP+4 bullet

48104

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
ROBERT SAJDAK	PRESIDENT 3	0
5524 AVINGTON PARKWAY CLARKSTON,MI48348	PRESIDENT 3	0
STEVE MILBECK	TREASURER 1	0
23829 OAK DEARBORN,MI48128	TREASURER 1	0
MICHAEL OBLOY	SECRETARY 1	0
408 E 14 MILE ROAD MADISON HEIGHTS,MI48071	SECRETARY 1	0
PAULA GRALEWSKI	ASSISTANT SECRETARY 1	0
411 W LAFAYETTE 4TH FLOOR DETROIT,MI48226	ASSISTANT SECRETARY 1	0

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...................				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............. bullet

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	NONE
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,151,582

Average of monthly cash balances.......................

60,006

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,211,588

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,211,588

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

18,174

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,193,414

Minimum investment return. Enter 5% of line 5..................

59,671

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

59,671

Tax on investment income for 2015 from Part VI, line 5......

1,577

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

1,577

Distributable amount before adjustments. Subtract line 2c from line 1............

58,094

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

58,094

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

58,094

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

59,450

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

59,450

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

59,450

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)

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					58,094
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......	10,941
b From 2011......	291
c From 2012......	0
d From 2013......	4,001
e From 2014......	2,091
fTotal of lines 3a through e........		17,324
4Qualifying distributions for 2015 from Part
XII, line 4: $ 59,450
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.....					58,094
e Remaining amount distributed out of corpus		1,356
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		18,680
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) ...		10,941
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		7,739
10 Analysis of line 9:
a Excess from 2011....	291
b Excess from 2012....	0
c Excess from 2013....	4,001
d Excess from 2014....	2,091
e Excess from 2015....	1,356

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

ROBERT SAJDAK
5524 AVINGTON PARKWAY
CLARKSTON,MI48348
(313) 319-7576

bThe form in which applications should be submitted and information and materials they should include:

NO SPECIFIC FORM

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

NONE

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SALVATION ARMY EASTERN MICHIGAN 16130 NORTHLAND DRIVE SOUTHFIELD,MI48075	NONE	EXEMPT	SUPPORT	10,000
ST MARY PREPARATORY SCHOOL OF ORCHARD LAKE 3535 INDIAN TRAIL ORCHARD LAKE,MI48324	NONE	EXEMPT	EDUCATIONAL	5,000
UNIVERSITY OF DETROIT SCHOOL OF LAW 651 E JEFFERSON AVENUE DETROIT,MI48226	NONE	EXEMPT	EDUCATIONAL	10,000
MADONNA UNIVERSITY 36600 SCHOOLCRAFT LIVONIA,MI48150	NONE	EXEMPT	EDUCATIONAL	5,000
ROEPER CITY AND COUNTRY SCHOOL 41190 WOODWARD AVE BLOOMFIELD HILLS,MI48304	NONE	EXEMPT	EDUCATIONAL	5,000
BARBARA ANN KARMANOS CANCER INSTITUTE 4100 JOHN R DETROIT,MI48201	NONE	EXEMPT	SUPPORT	10,000
FORGOTTEN HARVEST 21800 GREENFIELD OAK PARK,MI48237	NONE	EXEMPT	SUPPORT	3,000
UNITED WAY OF SOUTHEAST MICHIGAN 660 WOODWARD AVENUE SUITE 330 DETROIT,MI48226	NONE	EXEMPT	SUPPORT	10,000
COUNCIL OF MICHIGAN FOUNDATION ONE SOUTH HARBOR AVENUE SUITE 3 GRAND HAVEN,MI49417	NONE	EXEMPT	SUPPORT	1,000
Total ................................. 3a				59,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	42,535
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	52,372
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)..				94,907

13Total. Add line 12, columns (b), (d), and (e)..................

1394,907

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2015 InvestmentsCorpBondsSchedule

Name:

RAMSER-MORGAN FOUNDATION

EIN:

38-3003280

Name of Bond	End of Year Book Value	End of Year Fair Market Value
VARIOUS CORPORATE BONDS	352,265	348,425

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

RAMSER-MORGAN FOUNDATION

EIN:

38-3003280

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE STOCK	572,201	590,926
FOREIGN STOCK	16,403	14,997
MUTUAL FUNDS	168,881	151,056

- TIN:

TY 2015 OtherDecreasesSchedule

Name:

RAMSER-MORGAN FOUNDATION

EIN:

38-3003280

Description	Amount
DIFFERENCE BETWEEN RECEIPTS AND TAXABLE INCOME.	18