Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
THE WILLIAM J AND FRANCES E DEUTSCH
CHARITABLE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)26 PILOT ROCK LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RIVERSIDE, CT06878
A Employer identification number

20-1163727
B Telephone number (see instructions)

(914) 232-8461
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$6,818,813J 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) 1,621,919
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 91,534 91,534 91,534
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -61,529
b Gross sales price for all assets on line 6a 2,969,055
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -1,260 -1,260 -1,260
12 Total. Add lines 1 through 11........ 1,650,664 90,274 90,274
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 34,438 34,438 34,438  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,534 646 646  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 369 311 311  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 37,341 35,395 35,395 0
25 Contributions, gifts, grants paid....... 345,909 345,909
26 Total expenses and disbursements. Add lines 24 and 25 383,250 35,395 35,395 345,909
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,267,414
b Net investment income (if negative, enter -0-) 54,879
c Adjusted net income (if negative, enter -0-)... 54,879
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......... 78,606 95,744 95,744
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,500,911 Click to see attachment5,828,997 6,173,838
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,069,985 Click to see attachment597,528 549,231
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,887 Click to see attachment2,886  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,652,389 6,525,155 6,818,813
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment6,305 Click to see attachment65,800
23 Total liabilities (add lines 17 through 22)......... 6,305 65,800
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 5,646,084 6,459,355
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 5,646,084 6,459,355
31 Total liabilities and net assets/fund balances (see instructions). 5,652,389 6,525,155
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
5,646,084
2
Enter amount from Part I, line 27a .....................
2
1,267,414
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,619
4
Add lines 1, 2, and 3 ..........................
4
6,917,117
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
457,762
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,459,355
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 5868 UNTS FT Smid Cap strength Portfolio SER P 2014-12-11 2015-07-04
b 3048 Unts FT SMid HI Div Prtfo Ser 15 P 2014-12-11 2015-05-22
c 3598 Unts FT SMid HI Div Prtfo Ser 15 P 2014-12-11 2015-05-26
d 311 PROSHARES TR II ULTRA VIX SHORT TERM FUT P 2013-03-05 2015-10-09
e From K-1 PROSHARES TR II ULTRA VIX SHORT TERM FUT P 2015-01-01 2015-10-09
4053 UNTS FT HOMBLDRS REC P 2013-02-13 2015-02-05
4968 UNTS FT HOMBLDRS REC P 2013-02-13 2015-11-09
1125 BP PLC SPON ADR P 2015-10-10 2015-08-06
2000 Cerner Corp P 2015-06-16 2015-12-24
2500 Chicago Bridge & Iron Co NV Eur P 2015-01-08 2015-08-20
8260 CLOUD PEAK ENERGY INC P 2014-10-10 2015-06-19
2360 Eaton Corp PLC P 2015-06-19 2015-09-28
1980 Esperion Therapeutics Inc New P 2015-08-06 2015-09-29
4100 FREEPORT-MCMORAN INC P 2015-01-21 2015-04-29
15825 Genworth Finacial Inc Cl A P 2014-12-11 2015-05-05
1785 HALLIBURTON CO (HOLDING COMPANY) P 2014-10-10 2015-03-27
1905 insmed inc com P 2014-09-23 2015-08-06
915 Mylan N V Eur P 2015-03-02 2015-12-24
3385 Paccar inc P 2015-04-17 2015-11-25
225 Perrigo Co Plc Eur P 2014-06-26 2015-04-30
175 Perrigo Co Plc Eur P 2015-02-23 2015-08-19
540 Precision Castparts Corp P 2014-12-11 2015-08-12
720 Puma Biotechnology inc P 2014-12-29 2015-10-02
450 QUALCOMM INC P 2014-12-11 2015-02-23
690 Schlumberger LTD Netherlands Antilles P 2014-12-11 2015-04-14
975 Agrium Inc (Canada) CAD P 2013-08-05 2015-07-10
1715 BP PLC SPON ADR P 2012-12-04 2015-08-06
2305 Catamanran Corp P 2014-03-24 2015-06-17
.507 google inc Cl C (cash in Lieu) P 2006-06-15 2015-05-04
1395 HALLIBURTON CO (HOLDING COMPANY) P 2012-06-26 2015-03-27
1575 INTL PAPER CO P 2013-10-07 2015-08-06
700 MCDONALDS CORP P 2012-08-20 2015-01-21
1075 METLIFE INC P 2010-09-29 2015-07-08
2300 MYLAN INC P 2011-12-20 2015-03-02
50 Perrigo Co Plc Eur P 2014-06-26 2015-08-19
960 QUALCOMM INC P 2007-07-14 2015-02-23
810 Schlumberger LTD Netherlands Antilles P 2012-12-04 2015-04-17
9500 Twitter Inc P 2014-10-15 2015-01-21
795 UNTD Technologies Corp P 2008-04-30 2015-02-23
Wash Sale      
(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 61,997   57,924 4,073
b 29,995   29,511 484
c 34,991   34,837 154
d 12,281   32,364 -20,083
e     35,617 -35,617
50,007   46,550 3,457
62,508   41,513 20,995
40,164   44,404 -4,240
121,521   133,371 -11,850
116,530   101,936 14,594
37,756   91,711 -53,955
118,377   161,497 -43,120
44,288   108,200 -63,912
94,175   78,412 15,763
137,945   136,455 1,490
76,950   79,750 -2,800
47,030   24,434 22,596
50,004   52,798 -2,794
174,743   199,661 -24,918
41,260   33,329 7,931
34,174   26,583 7,591
124,467   112,525 11,942
55,259   133,535 -78,276
31,802   32,487 -685
64,819   60,523 4,296
100,110   79,648 20,462
61,228   70,317 -9,089
140,301   104,317 35,984
283   98 185
60,137   47,524 12,613
74,351   67,440 6,911
63,189   61,737 1,452
58,877   41,602 17,275
132,716   56,334 76,382
9,764   7,407 2,357
67,844   34,890 32,954
76,091   56,480 19,611
362,620   458,898 -96,278
98,501   53,965 44,536
      15
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       4,073
b       484
c       154
d       -20,083
e       -35,617
      3,457
      20,995
      -4,240
      -11,850
      14,594
      -53,955
      -43,120
      -63,912
      15,763
      1,490
      -2,800
      22,596
      -2,794
      -24,918
      7,931
      7,591
      11,942
      -78,276
      -685
      4,296
      20,462
      -9,089
      35,984
      185
      12,613
      6,911
      1,452
      17,275
      76,382
      2,357
      32,954
      19,611
      -96,278
      44,536
       
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 -61,514
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 -327,531
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 191,256 5,023,726 0.03807
2013 208,599 4,585,753 0.04549
2012 187,509 2,411,965 0.07774
2011 177,588 2,214,499 0.08019
2010 200,924 2,135,149 0.09410
2
Total of line 1, column (d) .....................
20.335596
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
0.067119
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
5,890,778
5
Multiply line 4 by line 3......................
5
395,383
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
549
7
Add lines 5 and 6........................
7
395,932
8
Enter qualifying distributions from Part XII, line 4.............
8
345,909
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 1,098
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  
3 Add lines 1 and 2........................... 3 1,098
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,098
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 1,500
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,500
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
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 10 402
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet402 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
 
No
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)
    bulletCT, DE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWILLIAM & FRANCES DEUTSCH Telephone no.bullet

    Located atbullet26 PILOT ROCK LANERIVERSIDECT ZIP+4bullet068782621
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    WILLIAM J DEUTSCH President
    0.00     		0    
    26 PILOT ROCK LANE
    RIVERSIDE,CT068782621
    FRANCES E DEUTSCH Secretary
    0.00     		0    
    26 PILOT ROCK LANE
    RIVERSIDE,CT068782621
    SUSAN WEIS ASST SECRETARY
    0.00     		0    
    49 WILLOWMERE CIRCLE
    RIVERSIDE,CT06878
    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  
    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 Charitable giving 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    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
    5,870,150
    b
    Average of monthly cash balances.......................
    1b
    110,335
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,980,485
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    5,980,485
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    89,707
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,890,778
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    294,539
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    294,539
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,098
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,098
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    293,441
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    293,441
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    293,441
    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
    345,909
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    345,909
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    345,909
    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 7 293,441
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 64,554
    c From 2012...... 70,241
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 134,795
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 345,909
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 293,441
    e Remaining amount distributed out of corpus 52,468
    5 Excess distributions carryover applied to 2015.    
    (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 5 187,263
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		187,263
    10 Analysis of line 9:
    a Excess from 2011.... 64,554
    b Excess from 2012.... 70,241
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015.... 52,468
    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).)
    WILLIAM J DEUTSCH
    FRANCES E DEUTSCH
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    TEMPLE BETH EL
    220 SOUTH BEDFORD ROAD
    CHAPPAQUA,NY10514     		N/A - NONE   UNRESTRICTED 6,636
    UJA FEDERATION
    ONE HOLLY HILL LANE
    GREENWICH,CT06830     		N/A - NONE   UNRESTRICTED 7,500
    UNITED WAY
    ONE LAFAYETTE COURT
    GREENWICH,CT06830     		N/A - NONE   UNRESTRICTED 1,500
    SIMON WIESENTHAL CENTER
    1399 S ROXBURY DRIVE
    LOS ANGELES,CA90035     		N/A - NONE   UNRESTRICTED 500
    AMERICAN CANCER SOCIETY
    PO BOX 22718
    OKLAHOMA CITY,OK73123     		N/A - NONE   UNRESTRICTED 5,000
    ELS FOR AUTISM
    11770 US HIGHWAY 1
    NORTH PALM BEACH,FL33408     		N/A - NONE   UNRESTRICTED 45,000
    GREENWICH HOSPITAL FDN
    5 PERRYRIDGE ROAD
    GREENWICH,CT06830     		N/A - NONE   UNRESTRICTED 1,000
    DONATIONS 250 OR LESS
    VARIOUS ORGANIZED CHARITIES
    VARIOUS,CT06830     		N/A - NONE   UNRESTRICTED 4,965
    BRUCE MUSEUM
    1 MUSEUM DRIVE
    GREENWICH,CT06830     		N/A - NONE   UNRESTRICTED 208,400
    THE FOUNDATION FIGHTING BLINDNESS
    PO BOX 17279
    BALTIMORE,MD21298     		N/A - NONE   UNRESTRICTED 10,000
    ARC OF WESTCHESTER
    265 SAW MILL RIVER ROAD
    HAWTHORNE,NY10532     		N/A - NONE   UNRESTRICTED 2,600
    FOOD BANK OF WESTCHESTER
    200 CLEARBROOK ROAD
    ELMSFORD,NY10523     		N/A - NONE   UNRESTRICTED 500
    LEUKEMIA AND LYMPHOMA SOCIETY
    PO BOX 4072
    PITTSFIELD,MA01202     		N/A - NONE   UNRESTRICTED 1,458
    GREENWICH ADULT DAYCARE
    125 RIVER ROAD
    COS COB,CT06807     		N/A - NONE   UNRESTRICTED 500
    FRIENDS Of Nathaniel Witherell
    70 Parsonage RD
    Greenwich,CT06830     		N/A - NONE   UNRESTRICTED 1,250
    GARY SINISE FOUNDATION
    PO Box 50008
    Studio City,CA91614     		N/A - NONE   UNRESTRICTED 12,000
    WHITE PLAINS DOWNTOWN
    Main Street
    While Plains,NY10601     		N/A - NONE   UNRESTRICTED 2,500
    NANTZ FREINDSNANTS NAT'L ALZHEIMER
    6560 FANNIN ST SCURLOCK TOWER 8TH
    HOUSTIN,TX77030     		N/A - NONE   UNRESTRICTED 30,000
    The Paps Corps
    1192 E Newport Center Drive
    Deerfield Beach,FL33442     		N/A - NONE   Unrestricted 500
    Greenwich Breast Cancer Alliance
    48 Maple Street
    Greenwich,CT06830     		N/A - NONE   Unrestricted 1,500
    Greenwich Point Conservancy
    PO BOX 377
    OLD GREENWICH,CT06870     		N/A - NONE   uNRESTRICTED 750
    JEWISH FEDERATION OF S PALM BEACH C
    9901 DONNA KLEIN BLVD
    BOCCA RATON,FL33428     		N/A - NONE   Unrestricted 950
    PAJAMA PROGRAM
    114 EAST 39TH ST GROUND FLOOR
    NEW YORK,NY10016     		N/A - NONE   UNRESTRICTED 400
    WORLD CHILDHOOD FOUNDATION
    183 MADISON AVENUE SUITE 715
    NEW YORK,NY10016     		N/A - NONE   UNRESTRICTED 500
    Total .................................bullet 3a 345,909
    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 ...........     		         
    4 Dividends and interest from securities....     14 91,534  
    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.....     14 1,260  
    8
    Gain or (loss) from sales of assets other than inventory ............     		        -61,529
    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)..   90,274 -61,529
    13Total. Add line 12, columns (b), (d), and (e)..................
    1328,745
    (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: 15000324
    Software Version: 2015v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    THE WILLIAM J AND FRANCES E DEUTSCH
    CHARITABLE FOUNDATION
    Employer identification number

    20-1163727
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    THE WILLIAM J AND FRANCES E DEUTSCH
    CHARITABLE FOUNDATION         		Employer identification number
    20-1163727
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    William J Frances E Deutsch  
    26 PILOT ROCK LANE
     
    RIVERSIDE, CT068782621

    		$ 532,868


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

    WJ DEUTSCH 2014 CHAR LEAD ANN TRUST  
    WGREENE TRUSTEE 55 KATONAH AV
     
    KATONAH, NY10536

    		$ 36,009


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

    William J Deutsch  
    26 PILOT ROCK LANE
     
    RIVERSIDE, CT068782621

    		$ 263,233


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

    Frances E Deutsch  
    26 Pilot Rock Lane
     
    Riverside, CT068782621

    		$ 789,810


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    THE WILLIAM J AND FRANCES E DEUTSCH
    CHARITABLE FOUNDATION         		Employer identification number

    20-1163727
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 5650 Energy Trans Eqty LP;1800 Cedar Fair LP;1000 DupointEI Denumours & Co;958 Automatic Data Proces $ 532,868 2015-11-20
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    3
    		 15 Alphabet Inc(A);50 Alphabet Inc(C);306 Apple Inc;270 Cardinal Health Inc;290 Celgene Corp;293 Exp $ 263,233 2015-11-20
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    4
    		 55 Alphabet Inc(A);130 AlphabetInc(C);855 Apple Inc;965 Cardinal Health Inc;845 Celgene Corp;1055 Ex $ 789,810 2015-11-24
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    THE WILLIAM J AND FRANCES E DEUTSCH
    CHARITABLE FOUNDATION         		Employer identification number

    20-1163727
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID: 15000324
    Software Version: 2015v2.0

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALTRIA GROUP INC. 30,515 110,599
    QUALCOMM INC    
    BP PLC ADR 58,067 56,268
    GENERAL ELECTRIC 124,330 174,752
    GOOGLE INC CL A    
    HALLIBURTON HOLDING COMPANY    
    JP MORGAN CHASE & CO 81,412 118,854
    MICROSOFT 209,561 276,845
    UNITED TECHNOLOGIES CORP    
    AMERIPRISE FINANCIAL INC 20,053 89,393
    APPLE INC 218,115 257,676
    CVS CAREMARK CORP 52,788 129,056
    INTERNATIONAL PAPER CO 58,034 56,550
    METLIFE INC 22,579 33,747
    EXPRESS SCRIPTS INC 193,417 248,157
    FORD MOTOR COMPANY 128,486 145,832
    MCKESSON CORP 65,245 136,089
    MYLAN INC    
    SCHLUMBERGER LTD    
    CARDINAL HEALTH INC 159,051 221,836
    FIFTH THIRD BANCORP 78,916 108,540
    HARTFORD FINCL SERVICES GROUP INC 56,728 117,125
    KEYCORP NEW 67,586 106,509
    MCDONALDS CORP    
    NORDSTROM INC 76,894 72,972
    WALGREENS BOOT ALLIANCE INC 81,288 154,556
    CHINA MEDICAL TECHNOLOGIES INC SPON ADR 147,495 100
    VIRNETX HLDG CORP 521,373 51,400
    ZST DIGITAL NETWORKS INC NEW 12,115 250
    ACTAVIS PLC    
    AGRIUM INC    
    COMMUNITY HEALTH SYSTEMS 195,186 131,721
    DICKS SPORTING GOODS INC 108,648 82,189
    PULTE GROUP INC 78,421 88,120
    CATAMARAN CORP    
    CELGENE CORP 223,833 290,418
    CLOUD PEAK ENERGY INC    
    GENERAL MOTORS CO 154,059 148,794
    GENWORTH FINANCIAL INC CL A    
    GILEAD SCIENCES INC 126,226 163,422
    GOOGLE INC CL C    
    INSMED INC COM 86,003 110,624
    MONSANTO CO NEW 96,964 82,264
    PERRIGO CO PLC EUR    
    PRECISION CAST PARTS CORP    
    PUMA BIOTECHNOLOGY INC    
    TRAVELERS COS INC/THE 154,298 199,762
    TWITTER INC 96,996 46,465
    VALEANT PHARMACEUTICALS INTL I 59,122 49,809
    Allgergan Plc 163,408 272,500
    Alphabet Inc (A) 129,577 108,921
    Alphabet Inc (C) 146,524 276,991
    Automatic Data Processing Inc 83,414 81,162
    Cigna Corp 145,449 139,745
    Delta Airlines 145,371 156,632
    Du Pont De Nemours 66,900 66,600
    Horizon Pharma PLC 182,820 123,519
    Illinois Tool Works Inc 82,193 81,651
    Mallinckrodt Pub LTD Co 75,435 55,973
    Medivation Inc 144,939 147,920
    Merek & Co Inc 122,604 124,391
    Mylan N V Eur 152,022 170,050
    Morgan Stanley 104,148 95,430
    Nextra Energy Inc Com 88,568 90,904
    Pfizer Inc 51,570 48,420
    Union Pacific 100,251 72,335

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Staples AT COST 43,908 29,973
    UNTS FT SMID HI DIV AT COST 132,591 127,500
    Cedar Fair LP AT COST 102,420 100,512
    Energy Transfer Equity LP AT COST 109,977 77,631
    UNTS FT SMID CAP STRENGTH PTRFO SER 14 AT COST 134,587 133,136
    UNTS FT HOMBLDRS REC AT COST 74,045 80,479
    PROSHARES TR II ULTRA VIX SHORT TERM FUT AT COST    

    TY 2015 OtherAssetsSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Other Assets 2,886 2,886  


    TY 2015 OtherDecreasesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Amount
    NET AMOUNTS REPORTED ON Proshares final K-1 457,762


    TY 2015 OtherExpensesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Charges 124 124 124  
    OTHER DEDUCTIONS 187 187 187  
    NonDeductable thru K-1 58      


    TY 2015 OtherIncomeSchedule2
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income -1,260 -1,260 -1,260


    TY 2015 OtherIncreasesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Amount
    NET AMOUNTS REPORTED ON Cedar Fair LP 3,619


    TY 2015 OtherLiabilitiesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARDS PAYABLE 6,305 65,800


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Management Fees 34,438 34,438 34,438 0


    TY 2015 TaxesSchedule
    Name:
    THE WILLIAM J AND FRANCES E DEUTSCH
     
    CHARITABLE FOUNDATION
    EIN:
    20-1163727
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 646 646 646  
    ESTIMATED TAX PAYMENTS 1,500      
    Paid with 2014 Return 388