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
ELIZABETH RING MATHER
WILLIAM GWINN MATHER FUND
Number and street (or P.O. box number if mail is not delivered to street address)1375 E NINTH ST SUITE 900
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLEVELAND, OH44114
A Employer identification number

34-6519863
B Telephone number (see instructions)

(216) 696-4200
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$16,605,251J 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) 591,104
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 914 914  
4 Dividends and interest from securities... 328,300 328,300  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 341,539
b Gross sales price for all assets on line 6a 8,932,946
7 Capital gain net income (from Part IV, line 2)... 341,539
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 1,090 1,090  
12 Total. Add lines 1 through 11........ 1,262,947 671,843  
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)......... Click to see attachment 88,234 44,117   44,117
b Accounting fees (attach schedule)....... Click to see attachment 19,600 9,800   9,800
c Other professional fees (attach schedule).... Click to see attachment 68,534 34,267   34,267
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 28,443 10,343    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 5,879     5,879
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 11,842 11,479   363
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 222,532 110,006   94,426
25 Contributions, gifts, grants paid....... 1,151,500 1,151,500
26 Total expenses and disbursements. Add lines 24 and 25 1,374,032 110,006   1,245,926
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -111,085
b Net investment income (if negative, enter -0-) 561,837
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 137,735 411,009 411,009
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   1,399,713    
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)....... 9,957,819 Click to see attachment11,668,954 12,055,784
c Investments—corporate bonds (attach schedule)....... 3,015,859 Click to see attachment1,604,143 1,479,617
11 Investments—land, buildings, and equipment: basis bullet78,609
Less: accumulated depreciation (attach schedule) bullet   78,618 Click to see attachment78,609 78,609
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 828,048 Click to see attachment1,718,028 2,580,232
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,417,792 15,480,743 16,605,251
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 15,417,792 15,480,743
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)..... 15,417,792 15,480,743
31 Total liabilities and net assets/fund balances (see instructions). 15,417,792 15,480,743
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
15,417,792
2
Enter amount from Part I, line 27a .....................
2
-111,085
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
190,130
4
Add lines 1, 2, and 3 ..........................
4
15,496,837
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
16,094
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
15,480,743
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 PRIMUS V P    
b PRIMUS VI P    
c PEPPERTREE FUND P    
d PEPPERTREE SVF P    
e MADRONA VENTURE FUND P    
CORNERSTONE PATRIOT P    
PETER KEISOGLOFF RARE BOOKS6 P   2015-06-12
PETER KEISOGLOFF RARE BOOKS6 P   2015-09-30
57312.253 CREDIT SUISSE COMMODITY P   2015-09-08
22882.181 DREIHAUS ACTIVE INC. FUND P   2015-09-08
36934.441 METRO WEST T/R BD CL I P   2015-09-08
21163.076 DREIHAUS ACTIVE INC. FUND P   2015-12-04
60402.565 METRO WEST T/R BD CL I P   2015-12-04
LAZARD FUNDS EMERGING LTCG DISTRI. P   2015-08-26
ARTISAN MIDCAP VALUE LTCG DISTRI. P   2015-11-20
OAK RIDGE SMALL CAP GR CL A LTCG DISTRI. P   2015-12-10
OAK RIDGE SMALL CAP GR CL A LTCG DISTRI. P   2015-12-11
HARBOR INTERNATIONAL FUND LTCG DISTRI. P   2015-12-22
BRC INVESTMENTS P 2013-08-22 2015-12-31
SPDR GOLD TR ETF P 2014-08-29 2015-12-03
(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 9,114     9,114
b 129,232     129,232
c 34,399     34,399
d 34,403     34,403
e 3,631     -3,631
30,324     30,324
854   6 848
266   3 263
290,000   540,467 -250,467
235,000   251,018 -16,018
400,000   402,216 -2,216
214,594   225,699 -11,105
648,724   657,784 -9,060
3,946     3,946
150,431     150,431
2,267     2,267
28,082     28,082
48,033     48,033
6,676,068   6,513,315 162,753
840   899 -59
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       9,114
b       129,232
c       34,399
d       34,403
e       -3,631
      30,324
      848
      263
      -250,467
      -16,018
      -2,216
      -11,105
      -9,060
      3,946
      150,431
      2,267
      28,082
      48,033
      162,753
      -59
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 2 341,539
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 1,447,927 17,816,519 0.08127
2013 1,327,144 16,748,290 0.07924
2012 1,342,832 14,944,848 0.08985
2011 1,331,505 13,641,866 0.09760
2010 1,084,968 12,465,047 0.08704
2
Total of line 1, column (d) .....................
20.435008
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
0.087002
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
17,726,172
5
Multiply line 4 by line 3......................
5
1,542,212
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,618
7
Add lines 5 and 6........................
7
1,547,830
8
Enter qualifying distributions from Part XII, line 4.............
8
1,245,926
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 11,237
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 11,237
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 11,237
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 16,243
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,100
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 19,343
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 8,106
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet8,106 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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    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 ofbulletLUCY I WELLER PRESIDENT Telephone no.bullet (216) 696-4200

    Located atbullet1375 E NINTH ST SUITE 900CLEVELANDOH ZIP+4bullet44114
    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
    LUCY WELLER President
    0.00     		0    
    1375 E NINTH ST SUITE 900
    CLEVELAND,OH44114
    CORNELIA I HALLINAN Secretary
    0.00     		0    
    1375 E NINTH ST SUITE 900
    CLEVELAND,OH44114
    GEORGE R IRELAND Treasurer
    0.00     		0    
    1375 E NINTH ST SUITE 900
    CLEVELAND,OH44114
    JAMES D IRELAND III Trustee
    0.00     		0    
    1375 E NINTH ST SUITE 900
    CLEVELAND,OH44114
    TESS IRELAND HALLINAN Trustee
    0.00     		0    
    1375 E NINTH ST SUITE 900
    CLEVELAND,OH44114
    JAMES D IRELAND IV Trustee
    0.00     		0    
    1375 E NINTH ST SUITE 900
    CLEVELAND,OH44114
    KATHERINE I IRELAND Trustee
    0.00     		0    
    1375 E NINTH ST SUITE 900
    CLEVELAND,OH44114
    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
    Schneider Smeltz Ranney & LaFond PLL Legal, acct., admin. 88,346
    1375 E Ninth St Suite 900
    Cleveland,OH44114
    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  
    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
    17,444,034
    b
    Average of monthly cash balances.......................
    1b
    552,080
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,996,114
    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
    17,996,114
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    269,942
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,726,172
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    886,309
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    886,309
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    11,237
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,237
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    875,072
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    875,072
    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
    875,072
    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
    1,245,926
    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
    1,245,926
    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
    1,245,926
    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 7 875,072
    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...... 470,992
    b From 2011...... 665,809
    c From 2012...... 604,206
    d From 2013...... 524,823
    e From 2014...... 577,835
    fTotal of lines 3a through e........ 2,843,665
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,245,926
    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..... 875,072
    e Remaining amount distributed out of corpus 370,854
    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 3,214,519
    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) ...     		470,992
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		2,743,527
    10 Analysis of line 9:
    a Excess from 2011.... 665,809
    b Excess from 2012.... 604,206
    c Excess from 2013.... 524,823
    d Excess from 2014.... 577,835
    e Excess from 2015.... 370,854
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LUCY I WELLER PRESIDENT
    1375 E NINTH ST SUITE 900
    CLEVELAND,OH44114
    (216) 696-4200
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION CAN BE MADE IN LETTER FORM AND INCLUDE DETAIL OF ORGANIZATION, FINANCIAL INFORMATION, AND REQUEST. REQUEST SHOULD INCLUDE AN ANNUAL REPORT OR AUDITED FINANCIAL STATEMENTS AND INFORMATION REGARDING THE EXPECTED OUTCOMES FOR THE MONEY RECEIVED.
    cAny submission deadlines:
    OCTOBER 1 FOR FALL MEETING
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO GRANTS ARE MADE TO INDIVIDUALS. NO LIMITATIONS TO GEOGRAPHICAL AREA; HOWEVER, GRANTS GENERALLY MADE TO QUALIFYING ORGANIZATIONS IN THE CLEVELAND, OHIO AREA, AND OTHER LOCATIONS WHERE TRUSTEES RESIDE.
    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
    PLANNED PARENTHOOD
    3500 LORAIN AVENUE - 400
    CLEVELAND,OH44113     		N/A 501(C)(3) Unrestricted operating support 15,000
    UNIVERSITY CIRCLE INC
    10831 MAGNOLIA DRIVE
    CLEVELAND,OH44106     		Lucy Weller-trustee 501(C)(3) Streetwise MBA Program; unrestricted operating support 25,000
    YALE UNIVERSITY
    PO BOX 2038
    NEW HAVEN,CT06521     		N/A 501(C)(3) Unrestricted operating support 10,000
    FRIENDS OF BOTANIC GARDEN
    87 MOUNT VERNON STREET
    BOSTON,MA02108     		N/A 501(C)(3) Unrestricted operating support 10,000
    SOCIETY OF ECONOMIC GEOLOGISTS INC
    7811 SHAFFER PARKWAY
    LITTLETON,CO80127     		G.R. Ireland -trustee 501(C)(3) Unrestricted operating support 10,000
    CARNEGIE MELLON UNIVERSITY
    5000 FORBES AVENUE
    PITTSBURG,PA15213     		N/A 501(C)(3) Unrestricted operating support 10,000
    CLEVELAND ANIMAL PROTECTIVE LEAGUE
    1729 WILLEY AVENUE
    CLEVELAND,OH44113     		N/A 501(C)(3) Unrestricted operating support 10,000
    SMITH COLLEGE
    7 COLLEGE LANE
    NORTHAMPTON,MA01063     		N/A 501(C)(3) Unrestricted operating support 10,000
    WHARTON GRADUATE SCHOOL
    3451 WALNUT ST
    PHILADELPHIA,PA19104     		N/A 501(C)(3) Unrestricted operating support 10,000
    CENTER DEVEL ECONOMICS AT WILLIAMS
    1065 MAIN STREET
    WILLIAMSTOWN,MA01267     		Katherine Ireland,Trustee 501(C)(3) Unrestricted operating support 10,000
    FOUNDATION CENTER
    1422 EUCLID AVENUE
    CLEVELAND,OH44115     		N/A 501(C)(3) Unrestricted operating support 3,500
    HUNGER NETWORK
    614 W SUPERIOR AVE SUITE 744
    CLEVELAND,OH44113     		N/A 501(C)(3) Unrestricted operating support 10,000
    ISABELLA STEWART GARDNER MUSEUM
    208 THE FENWAY
    BOSTON,MA02115     		G Ireland -spouse trustee 501(C)(3) Digitization of the Gardner Museum Collection 25,000
    ROSS ART MUSEUM OHIO WESLEYAN UNIV
    60 SOUTH SANDUSKY ST
    DELAWARE,OH43015     		Tess Hallinan-employee 501(C)(3) Unrestricted operating support 20,000
    PHILLIPS ACADEMY
    180 MAIN STREET
    ANDOVER,MA01810     		N/A 501(C)(3) Unrestricted operating support 10,000
    CLEVELAND FOODBANK
    15500 SOUTH WATERLOO RD
    CLEVELAND,OH44110     		N/A 501(C)(3) Unrestricted operating support 10,000
    CLEVELAND INSTITUTE OF MUSIC
    11021 EAST BOULEVARD
    CLEVELAND,OH44106     		N/A 501(C)(3) Unrestricted operating support 10,000
    CLEVELAND MUSEUM OF ART
    11150 EAST BOULEVARD
    CLEVELAND,OH44130     		N/A 501(C)(3) Unrestricted operating support 15,000
    CLEVELAND MUSEUM OF NATURAL HISTORY
    1 WADE OVAL DRIVE UNIVERSITY CIRCL
    CLEVELAND,OH44106     		Lucy Weller -trustee 501(C)(3) Centennial Campaign; Unrestricted operating support 118,000
    CONSERVANCY FOR CUYAHOGA VALLEY NAT
    1403 WEST HINES HILL ROAD
    PENINSULA,OH44264     		N/A 501(C)(3) "All the Rivers Run" program 5,000
    HAWKEN SCHOOL
    5000 CLUBSIDE ROAD
    LYNDHURST,OH44124     		N/A 501(C)(3) Entrepreneurial Studies Semester Program 50,000
    ISLAND HEALTH PROJECT INC
    PO BOX 344
    FISHERS ISLAND,NY06390     		N/A 501(C)(3) Unrestricted operating support 5,000
    JOHNS HOPKINS UNIVERSITY-SAIS
    1740 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036     		N/A 501(C)(3) Hopkins - Nanjing Center 5,000
    LAKE VIEW CEMETERY FOUNDATION
    12316 EUCLID AVE
    CLEVELAND,OH44106     		N/A 501(C)(3) Unrestricted operating support 5,000
    LAST CHANCE CORRAL
    5350 US 33 SOUTH
    ATHENS,OH45701     		N/A 501(C)(3) Unrestricted operating support 5,000
    MUSICAL ARTS ASSOCIATION
    11001 EUCLID AVENUE
    CLEVELAND,OH44106     		J.D. Ireland III-trustee 501(C)(3) Unrestricted operating support 100,000
    NEW DIRECTIONS-DOMESTIC ABUSE SHELT
    PO BOX 453
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted operating support 5,000
    OWL CREEK CONSERVANCY
    PO BOX 291
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted operating support 10,000
    WESTERN RESERVE LAND CONSERVANCY
    PO BOX 314
    NOVELTY,OH44072     		N/A 501(C)(3) Unrestricted operating support 10,000
    AMERICANS FOR OXFORD INC
    500 FIFTH AVE 32ND FLOOR
    NEW YORK,NY10110     		N/A 501(C)(3) Exeter College 10,000
    BROWN UNIVERSITY
    110 ELM STREET
    PROVIDENCE,RI02903     		N/A 501(C)(3) Unrestricted operating support 10,000
    CHAMBERFEST CLEVELAND
    2489 GUILFORD RD
    CLEVELAND HEIGHTS,OH44118     		N/A 501(C)(3) Unrestricted operating support 10,000
    CHILDREN'S VILLAGE
    ECHO HILLS
    DOBBS FERRY,NY10522     		N/A 501(C)(3) Unrestricted operating support 5,000
    DENVER ART MUSEUM
    100 W 14TH AVE PKWY
    DENVER,CO80204     		N/A 501(C)(3) Leadership Campaign 10,000
    DOWNTOWN CLEVELAND ALLIANCE
    50 PUBLIC SQUARE SUITE 825
    CLEVELAND,OH44113     		N/A 501(C)(3) Unrestricted operating support 5,000
    HANNA PERKINS CENTER FOR CHILD DEVE
    19910 MALVERN RD
    SHAKER HEIGHTS,OH44122     		N/A 501(C)(3) Apprentice Teacher 30,000
    HARCOURT PARISH EPISCOPAL CHURCH
    PO BOX 377
    GAMBIER,OH43022     		N/A 501(C)(3) Parish ministry to Kenyon students 10,000
    HATHAWAY BROWN SCHOOL
    19600 NORTH PARK BLVD
    SHAKER HEIGHTS,OH44122     		N/A 501(C)(3) Unrestricted operating support 3,000
    KENYON COLLEGE
    COLLEGE RELATIONS
    GAMBIER,OH43022     		N/A 501(C)(3) Kenyon Fund, Brown Family Environmental Center 37,500
    L A N D STUDIO
    1939 WEST 25TH STREET SUITE 200
    CLEVELAND,OH44113     		N/A 501(C)(3) Unrestricted operating support 12,000
    MERCY CORP
    PO BOX 2669 DEPT W
    PORTLAND,OR97208     		N/A 501(C)(3) Unrestricted operating support 10,000
    MINERAL INFORMATION INSTITUTE
    8307 SHAFFER PARKWAY
    LITTLETON,CO80127     		N/A 501(C)(3) Unrestricted operating support 5,000
    NAMI CLEVELAND
    2012 WEST 25TH ST 600
    CLEVELAND,OH44113     		N/A 501(C)(3) Unrestricted operating support 5,000
    CLEVELAND INTERNATIONAL PIANO COMPE
    12200 FAIRHILL RD
    CLEVELAND,OH44120     		N/A 501(C)(3) Three Year Cycle Program; Unrestricted operating support 3,333
    ST JOHN CHURCH
    PO BOX 505
    FISHERS ISLAND,NY06390     		N/A 501(C)(3) Unrestricted operating support 2,500
    THOMPSON ISLAND OUTWARD BOUND EDUCA
    PO BOX 127
    BOSTON,MA02127     		N/A 501(C)(3) Capital grant 10,000
    TRINITY CHURCH
    COPLEY SQUARE
    BOSTON,MA02116     		N/A 501(C)(3) Unrestricted operating support 2,500
    UNITED WAY COMMUNITY INVEST FUND KN
    110 EAST HIGH STREET
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted operating support 7,500
    CASE WESTERN RESERVE UNIVERSITY
    11075 EAST BLVD
    CLEVELAND,OH44106     		N/A 501(C)(3) Lenkoski Chair 5,000
    COMMUNITY FOUNDATION OF MT VERNON K
    ONE SOUTH MAIN STREET PO BOX 1270
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Youth Philanthropy Initiative, Alcohol & Drug Freedom Center of Knox Co. and Christ Church at the Quarry Restoration. 11,000
    EPISCOPAL DIOCESE OF OHIO
    2230 EUCLID AVE
    CLEVELAND,OH44115     		N/A 501(C)(3) Planning for Tomorrow-Growing in Faith Today Campaign to build camp and retreat center in Wakeman, OH 20,000
    FISHERS ISLAND COMMUNITY CENTER INC
    PO BOX 464
    FISHERS ISLAND,NY06390     		N/A 501(C)(3) Unrestricted operating support 10,000
    KNOX COUNTY SYMPHONY
    PO BOX 454
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted operating support 1,000
    MAGNOLIA CLUBHOUSE
    11101 MAGNOLIA DR
    CLEVELAND,OH44106     		Lucy Weller -trustee 501(C)(3) Unrestricted Operating Support 10,000
    MUSEUM OF CONTEMPORARY ART CHICAGO
    220 EAST CHICAGO AVE
    CHICAGO,IL60611     		Tess Hallinan -employee 501(C)(3) Unrestricted operating support 1,000
    MUSEUM OF FINE ART-BOSTON
    465 HUNTINGTON AVE
    BOSTON,MA02115     		N/A 501(C)(3) Unrestricted operating support 13,000
    NAMI-KNOXLICKING COUNTY
    15 E VINE STREET
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted operating support 5,000
    NANTUCKET CONSERVATION FOUNDATION
    PO BOX 13 118 CLIFF RD
    NANTUCKET,MA02554     		N/A 501(C)(3) Unrestricted operating support 5,000
    PHILANTHROPY OHIO
    37 WEST BROAD STREET SUITE 800
    COLUMBUS,OH43215     		N/A 501(C)(3) Unrestricted operating support 3,000
    SCIENTIFIC PLAYSPACE INITIATIVE
    227 S MAIN ST
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted operating support 10,000
    UNIVERSITY SCHOOL
    2785 SOM CENTER RD
    HUNTING VALLEY,OH44022     		N/A 501(C)(3) Unrestricted operating support 5,000
    YELLOWSTONE PARK FOUNDATION
    222 EAST MAIN STREET
    BOZEMAN,MT59715     		N/A 501(C)(3) Wolf Project 5,000
    WESLEYAN UNIVERSITY
    45 WYLLYS AVE
    MIDDLETOWN,CT06459     		N/A 501(C)(3) Unrestricted Operating Support 5,000
    BEACON HILL VILLAGE INC
    74 JOY ST 3
    BOSTON,MA02114     		N/A 501(C)(3) Unrestricted Operating Support 5,000
    THE CITY MISSION
    5310 CARNEGIE AVE
    CLEVELAND,OH44103     		N/A 501(C)(3) Unrestricted Operating Support 5,000
    CLEVELAND EUCLID BEACH CAROUSEL SOC
    22000 SHAKER BLVD
    SHAKER HEIGHTS,OH44122     		N/A 501(C)(3) Unrestricted Operating Support 10,000
    COMMUNITIES IN SCHOOLS CHICAGO
    815 W VAN BUREN ST 300
    CHICAGO,IL60607     		N/A 501(C)(3) Unrestricted Operating Support 5,000
    CUYAHOGA COUNTY PUBLIC LIBRARY FOUN
    2111 SNOW ROAD
    PARMA,OH44134     		N/A 501(C)(3) Beyond Bricks & Books Campaign 16,667
    ECONOMIC GROWTH FOUNDATION
    1240 HURON RD E SUITE 300
    CLEVELAND,OH44115     		N/A 501(C)(3) Opportunity Corridor Project 50,000
    HENRY L FERGUSON MUSEUM
    PO BOX 554
    FISHERS ISLAND,NY06390     		N/A 501(C)(3) Unrestricted Operating Support 5,000
    HOPENOW
    1025 SOUTH MAIN ST PO BOX 1025
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted Operating Support 1,000
    INTERCHURCH SOCIAL SERVICES OF KNOX
    306 WEST GAMBIER STREET PO BOX 1052
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted Operating Support 5,000
    PROPRIETORS OF THE BOSTON ALTHENAEU
    10 1/2 BEACON STREET
    BOSTON,MA02108     		N/A 501(C)(3) Unrestricted Operating Support 5,000
    SISTERS OF CHARITY HEALTH SYSTEM
    2475 EAST 22ND ST
    CLEVELAND,OH44115     		N/A 501(C)(3) Garden Boyz Market Garden Program 5,000
    ST PAUL'S SCHOOL
    325 PLEASANT ST
    CONCORD,NH03301     		N/A 501(C)(3) Unrestricted Operating Support 10,000
    WATERLOO ARTS
    15605 WATERLOO RD
    CLEVELAND,OH44110     		N/A 501(C)(3) Unrestricted Operating Support. 10,000
    WINTER SANCTUARY
    PO BOX 421
    MOUNT VERNON,OH43050     		N/A 501(C)(3) Unrestricted Operating Support 5,000
    KENYON COLLEGE
    COLLEGE RELATIONS CENTER
    GAMBIER,OH43022     		C. Hallinan - trustee 501(C)(3) Philander Chase Corp. 10,000
    LIFEACT
    29425 CHAGRIN BLVD
    CLEVELAND,OH44122     		N/A 501(C)(3) Recognizing Teen Depression and Preventing Suicide Program 5,000
    GROUP PLAN COMMISSION
    1240 HURON RD E SUITE 400
    CLEVELAND,OH44115     		N/A 501(C)(3) Cleveland Public Square 25,000
    BIDWELL FOUNDATION
    1460 WEST 29TH STREET
    CLEVELAND,OH44113     		N/A 501(C)(3) Unrestricted operating support 5,000
    CUYAHOGA COMMUNITY COLLEGE
    700 CARNEGIE AVE
    CLEVELAND,OH44115     		N/A 501(C)(3) Youth Technology Academy 10,000
    CLEVELAND HEARING AND SPEECH
    11635 EUCLID AVE
    CLEVELAND,OH44106     		N/A 501(C)(3) Preschool Literacy & Language classroom 20,000
    TRINITY CATHEDRAL
    2230 EUCLID AVE
    CLEVELAND,OH44115     		N/A 501(C)(3) Bicentennial Brightening 15,000
    GIVEWELLORG
    182 HOWARD ST 208
    SAN FRANCISCO,CA94105     		N/A 501(C)(3) Unrestricted operating support 2,000
    CLEVELAND CLINIC DIGESTIVE DISEASE
    2049 EAST 100TH STREET
    CLEVELAND,OH44195     		N/A 501(C)(3) Dr. Fazio research 5,000
    DIOCESE OF OHIO KENYON CHAPLAINCY
    2230 EUCLID AVE
    CLEVELAND,OH44115     		N/A 501(C)(3) Unrestricted operating support 5,000
    LINCOLN PARK ZOOLOGICAL SOCIETY
    2001 N CLARK ST
    CHICAGO,IL60614     		N/A 501(C)(3) Unrestricted operating support 3,000
    DOMESTIC VIOLENCE AND CHILD ADVOCAC
    11811 SHAKER BLVD 220
    CLEVELAND,OH44120     		N/A 501(C)(3) General Operating Support 5,000
    GUILFORD COLLEGE
    5800 W FRIENDLY AVE
    GREENSBORO,NC27410     		N/A 501(C)(3) Unrestricted operating support 5,000
    MONTESSORI DEVELOPMENT PARTNERSHIPS
    975 EAST BOULEVARD
    CLEVELAND,OH44108     		N/A 501(C)(3) Campaign for Stonebrook Montessori 50,000
    KENYON REVIEW
    102 W WIGGIN ST
    KENYON,OH43022     		C Hallinan spouse trustee 501(C)(3) Unrestricted operating support 10,000
    Total .................................bullet 3a 1,151,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 914  
    4 Dividends and interest from securities....     14 328,300  
    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 ............     		    18 341,539  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aFee Credit     		        1,280
    bPeppertree Fund, LP 900001 -441     461
    cPeppertree Special Ventur 900001 -436     457
    dPrimus Capital Fund V 900001 -223     -8
    e
    12 Subtotal. Add columns (b), (d), and (e).. -1,100 670,753 2,190
    13Total. Add line 12, columns (b), (d), and (e)..................
    13671,843
    (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
    ELIZABETH RING MATHER
    WILLIAM GWINN MATHER FUND
    Employer identification number

    34-6519863
    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
    ELIZABETH RING MATHER
    WILLIAM GWINN MATHER FUND         		Employer identification number
    34-6519863
    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
     
     

    Elizabeth Ring Mather Trust Dated 3  
    US Trust 114 West 47th St
     
    New York, NY100361510

    		$ 591,104


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (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
    ELIZABETH RING MATHER
    WILLIAM GWINN MATHER FUND         		Employer identification number

    34-6519863
    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
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    ELIZABETH RING MATHER
    WILLIAM GWINN MATHER FUND         		Employer identification number

    34-6519863
    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 AccountingFeesSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    McGLADREY & PULLEN 19,600 9,800 0 9,800

    TY 2015 ExplnOfNonFilingWithAGStmt
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Statement:
    State of Ohio no longer requires a copy of Form 990-PF to be submitted to the state.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Dreihaus Active Income - 0 Shares    
    Eaton Vance - 175,935.437 Shares 1,604,143 1,479,617
    Metro West Bd Cl I 0 Shares    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Artisan Mid Cap Val Fund - 50,320.652 Sh 935,058 943,512
    Habor Inter. Fund -27,097.985 Shares 1,586,572 1,610,433
    Lazard Funds - 93802.32 Shares 1,648,088 1,260,703
    Oak Ridge SC Gr - 14,063.668 Sh 349,349 480,837
    Virtus Foreign Opport - 61,905.927 Sh 1,487,430 1,757,509
    Credit Suisse Com. Fund-127,000.56 Share 888,027 572,773
    Ishares Russell 2000 GrowthEFT - 3,764 S 458,845 524,250
    BRC Investment 2,182,605 2,270,624
    Vanguard 500 Index-Admiral-13,981.4 Sh 2,132,980 2,635,143

    TY 2015 InvestmentsLandSchedule2
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 78,609   78,609 78,609

    TY 2015 InvestmentsOtherSchedule2
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Madrona Venture Fund I-A, LP FMV   16,257
    Peppertree Fund, LP FMV   67,757
    Peppertree Special Venture Fund, LP FMV   97,019
    Primus Capital Fund V, LP FMV   108,803
    Primus Capital Fund VI, LP FMV   216,604
    Cornerstone Patriot Fund, LP FMV 600,000 1,092,128
    SPDR Gold-1,734 Shares FMV 214,655 175,932
    Steelpath MLP Alpha Cl Y-91768.991 Share AT COST 903,373 805,732

    TY 2015 LegalFeesSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SCHNEIDER, SMELTZ, RANNEY & LAFOND 88,234 44,117 0 44,117


    TY 2015 OtherDecreasesSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Amount
    Timing difference income recognition 4,367
    Timing difference income recognition-LP 11,727


    TY 2015 OtherExpensesSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEYS EXPENSES 112 56   56
    CORNERSTONE PATRIOT LP-K1 172 172    
    INVESTMENT EXPENSE 809 809    
    MADRONA VENTURE FUND - K-1 47 47    
    OFFICE EXPENSE 614 307   307
    PEPPERTREE FUND - K-1 1,225 1,225    
    PEPPERTREE SVF - K1 3,557 3,557    
    PRIMUS CAPITAL FUND VI - K1 4,834 4,834    
    PRIMUS V - K-1 272 272    
    STATE OF OHIO FILING FEE 200 200    


    TY 2015 OtherIncomeSchedule2
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Fee Credit 1,280 1,280  
    Peppertree Fund, LP 20 20  
    Peppertree Special Ventur 21 21  
    Primus Capital Fund V -231 -231  


    TY 2015 OtherIncreasesSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Amount
    Difference Unknown 5,811
    Increase in LP investment 83,156
    Timing Difference Sale of Investments 101,163


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BRC FEES 19,584 9,792 0 9,792
    INNOVEST 41,757 20,879 0 20,878
    US TRUST MANAGEMENT FEES 7,193 3,596 0 3,597


    TY 2015 TaxesSchedule
    Name:
    ELIZABETH RING MATHER
     
    WILLIAM GWINN MATHER FUND
    EIN:
    34-6519863
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 18,100      
    FOREIGN TAX 10,343 10,343