Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
THE STEPHEN PHILIBOSIAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)46-930 W ELDORADO DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
INDIAN WELLS, CA92210
A Employer identification number

23-7029751
B Telephone number (see instructions)

(760) 568-3920
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$7,558,547J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 43,810 43,810 43,810
4 Dividends and interest from securities... 181,032 181,032 181,032
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 20,742
b Gross sales price for all assets on line 6a 1,533,611
7 Capital gain net income (from Part IV, line 2)... 20,742
8 Net short-term capital gain......... 2,141
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 350   350
12 Total. Add lines 1 through 11........ 245,934 245,584 227,333
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)....... Click to see attachment 3,175 3,175    
c Other professional fees (attach schedule).... Click to see attachment 39,994 36,390   3,604
17 Interest............... 27 27    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,923 1,913   10
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 31,682 856   30,856
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 76,801 42,361   34,470
25 Contributions, gifts, grants paid....... 590,486 590,486
26 Total expenses and disbursements. Add lines 24 and 25 667,287 42,361   624,956
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -421,353
b Net investment income (if negative, enter -0-) 203,223
c Adjusted net income (if negative, enter -0-)... 227,333
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............. 65,880 42,258 42,258
2 Savings and temporary cash investments......... 119,403 151,431 151,431
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)....... 3,044,948 Click to see attachment2,923,735 4,328,696
c Investments—corporate bonds (attach schedule)....... 1,214,805 Click to see attachment1,140,458 1,180,055
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,880,095 Click to see attachment1,613,455 1,856,107
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) 6,325,131 5,871,337 7,558,547
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........ 2,956,367 2,956,367
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,368,764 2,914,970
30 Total net assets or fund balances (see instructions)..... 6,325,131 5,871,337
31 Total liabilities and net assets/fund balances (see instructions). 6,325,131 5,871,337
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
6,325,131
2
Enter amount from Part I, line 27a .....................
2
-421,353
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,903,778
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
32,441
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,871,337
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 MEDTRONIC INC COM P 2014-11-21 2015-01-29
b FG POOL G08279 P 2008-08-12 2015-08-17
c FG POOL G04477 P 2008-08-11 2015-11-15
d HAYLARD HEALTH P 2010-12-31 2015-03-06
e UNITED TECHNOLOGIES INC P 2008-01-28 2015-05-01
BOTTLING GROUP LLC P 2010-11-10 2015-06-15
FG POOL G08279 P 2008-08-12 2015-09-15
FG POOL G04477 P 2008-08-11 2015-12-15
ISHARES MCSI CANADA P 2012-05-25 2015-04-09
VANGUARD MSCI EUROPE P 2010-12-31 2015-12-14
CDK GLOBAL INC P 2010-12-31 2015-03-06
FG POOL G08279 P 2008-08-12 2015-10-15
FGLMC POOL A81144 P 2008-08-18 2015-01-15
ISHARES DOW JONES P 2011-11-29 2015-08-19
VANGUARD MSCI EUROPE P 2010-04-19 2015-12-14
CANADIAN IMPERIAL BANK P 2012-09-20 2015-04-01
FG POOL G08279 P 2008-08-12 2015-11-16
FGLMC POOL A11844 P 2008-08-18 2015-02-17
KRAFT FOODS P 2014-01-08 2015-07-07
VANGUARD MSCI EUROPE P 2009-09-10 2015-12-14
CANADIAN IMPERIAL BANK P 2013-05-22 2015-04-01
FG POOL G08279 P 2008-08-12 2015-12-15
FGLMC POOL A11844 P 2008-08-18 2015-03-16
KRAFT FOODS P 2013-01-08 2015-07-07
VANGUARD FTSE ALL WORLD EX-U P 2011-03-11 2015-12-14
CHEMOURS CO P 2009-05-08 2015-10-06
FG POOL G04477 P 2008-08-11 2015-01-15
FGLMC POOL A11844 P 2008-08-18 2015-04-15
KRAFT FOODS P 2013-01-08 2015-07-07
WALT DISNEY P 2010-04-19 2015-08-27
FG POOL G04477 P 2008-08-11 2015-02-17
FGLMC POOL A81144 P 2008-08-18 2015-05-15
LEDGETT & PLATT P 2014-05-07 2015-08-21
EGSHARES EM CONSUMER P 2014-01-29 2015-12-14
FG POOL G04477 P 2008-08-11 2015-03-16
FGLMC POOL A11844 P 2008-08-18 2015-06-15
MATTEL P 2013-08-20 2015-04-01
FG POOL G08279 P 2008-08-12 2015-01-15
FG POOL G04477 P 2008-08-11 2015-04-15
FGLMC POOL A11844 P 2008-08-18 2015-07-15
MATTEL P 2012-02-29 2015-04-01
FG POOL G08279 P 2008-08-12 2015-02-17
FG POOL G04477 P 2008-08-11 2015-05-15
FGLMC POOL A11844 P 2008-08-18 2015-08-17
PRIVATE EXPORT FUNDING P 2010-05-06 2015-05-15
FG POOL G08279 P 2008-08-12 2015-03-16
FG POOL G04477 P 2008-08-11 2015-06-15
FGLMC POOL A11844 P 2008-08-18 2015-09-15
QUALCOMM P 2012-11-14 2015-01-29
FG POOL G08279 P 2008-08-12 2015-04-15
FG POOL G04477 P 2008-08-11 2015-07-15
FGLMC POOL A11844 P 2008-08-18 2015-10-15
QUALCOMM P 2011-04-29 2015-01-29
FG POOL G08279 P 2008-08-12 2015-05-15
FG POOL G04477 P 2008-08-11 2015-08-17
FGLMC POOL A11844 P 2008-08-18 2015-11-16
QUALCOMM P 2011-04-29 2015-08-24
FG POOL G08279 P 2008-08-12 2015-06-15
FG POOL G04477 P 2008-08-11 2015-09-15
FGLMC POOL A11844 P 2008-08-18 2015-12-15
QUALCOMM P 2011-10-20 2015-08-24
FG POOL G08279 P 2008-08-12 2015-06-15
FG POOL G04477 P 2008-08-11 2015-10-15
GRAINGER P 2014-10-29 2015-12-14
TOTAL FINA ELF P 2010-12-31 2015-03-09
(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 67,604   65,463 2,141
b 289   290 -1
c 85   85  
d 3,698   1,688 2,010
e 50,000   50,547 -547
75,000   82,933 -7,933
65   66 -1
151   151  
84,208   76,769 7,439
71,417   71,143 274
15,258   5,740 9,518
136   137 -1
12   12  
229,605   220,125 9,480
10,832   10,474 358
36,166   39,706 -3,540
68   68  
686   703 -17
34,270   29,216 5,054
198,580   186,997 11,583
7,233   7,832 -599
11   11  
11   11  
12,462   9,162 3,300
44,292   47,844 -3,552
1,542   1,255 287
97   97  
12   12  
38,291   25,195 13,096
10,125   3,608 6,517
196   196  
14   14  
79,986   55,810 24,176
169,654   192,956 -23,302
154   154  
12   13 -1
18,282   33,264 -14,982
224   224  
100   100  
343   352 -9
20,567   28,112 -7,545
149   149  
165   165  
319   327 -8
75,000   81,694 -6,694
159   159  
69   69  
11   11  
12,625   12,417 208
87   87  
226   226  
320   328 -8
15,781   14,438 1,343
159   159  
274   274  
11   11  
26,244   27,433 -1,189
93   93  
193   193  
507   520 -13
23,482   22,528 954
200   200  
98   98  
9,594   12,170 -2,576
86,107   90,585 -4,478
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       2,141
b       -1
c        
d       2,010
e       -547
      -7,933
      -1
       
      7,439
      274
      9,518
      -1
       
      9,480
      358
      -3,540
       
      -17
      5,054
      11,583
      -599
       
       
      3,300
      -3,552
      287
       
       
      13,096
      6,517
       
       
      24,176
      -23,302
       
      -1
      -14,982
       
       
      -9
      -7,545
       
       
      -8
      -6,694
       
       
       
      208
       
       
      -8
      1,343
       
       
       
      -1,189
       
       
      -13
      954
       
       
      -2,576
      -4,478
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 20,742
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 2,141
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 643,081 8,335,566 0.077149
2013 676,848 8,045,915 0.084123
2012 607,379 7,669,647 0.079193
2011 671,457 7,853,435 0.085499
2010 639,103 7,728,515 0.082694
2
Total of line 1, column (d) .....................
20.408658
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
0.081732
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
7,883,277
5
Multiply line 4 by line 3......................
5
644,316
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,032
7
Add lines 5 and 6........................
7
646,348
8
Enter qualifying distributions from Part XII, line 4.............
8
624,956
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 4,064
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 4,064
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 4,064
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 19,500
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 19,500
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 18
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15,418
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet5,000 RefundedBullet 11 10,418
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA, PA
    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 ofbulletJOYCE STEIN Telephone no.bullet (760) 568-3920

    Located atbullet46-930 W EL DORADO DRIVEINDIAN WELLSCA ZIP+4bullet92210
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MRS JOYCE P STEIN TRUSTEE
    40.00     		0 0 0
    46-930 W ELDORADO DRIVE
    INDIAN WELLS,CA92210
    MR ALBERT MOMJIAN TRUSTEE
    40.00     		0 0 0
    1600 MARKET STREET
    PHILADELPHIA,PA19103
    MRS RICHARD DANELIAN TRUSTEE
    40.00     		0 0 0
    10417 BAINBRIDGE AVENUE
    LOS ANGELES,CA90024
    MRS STEPHANIE LANDES TRUSTEE
    40.00     		0 0 0
    46-650 E ELDORADO DRIVE
    INDIAN WELLS,CA92210
    MR GEORGE PHILLIPS TRUSTEE
    40.00     		0 0 0
    800 WILSHIRE BLVD 15TH FLOOR
    LOS ANGELES,CA90017
    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
     
    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 N/A  
    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
    7,819,277
    b
    Average of monthly cash balances.......................
    1b
    184,050
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,003,327
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,003,327
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    120,050
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,883,277
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    394,164
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    394,164
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    4,064
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,064
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    390,100
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    390,100
    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
    390,100
    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
    624,956
    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
    624,956
    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
    624,956
    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 7 390,100
    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...... 257,103
    b From 2011...... 289,817
    c From 2012...... 228,666
    d From 2013...... 281,226
    e From 2014...... 239,086
    fTotal of lines 3a through e........ 1,295,898
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 624,956
    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)........     		 
    d Applied to 2015 distributable amount..... 390,100
    e Remaining amount distributed out of corpus 234,856
    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 1,530,754
    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) ...     		257,103
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		1,273,651
    10 Analysis of line 9:
    a Excess from 2011.... 289,817
    b Excess from 2012.... 228,666
    c Excess from 2013.... 281,226
    d Excess from 2014.... 239,086
    e Excess from 2015.... 234,856
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACADEMY OF PALM DESERT COMMUNITY PR
    47-321 HWY 74
    PALM DESERT,CA92260     		  501(C)3 SOCIAL SERVICE 4,800
    ACT FOR MS
    73-710 FRED WARING DR 118
    PALM DESERT,CA92260     		  501(C)3 HEALTH 2,500
    AEUNA
    411 E ACACIA AVE 200
    GLENDALE,CA91205     		  501(C)3 MISSION 2,500
    AMAA ORPHAN CHILD CARE FUND
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501(C)3 MISSION 1,800
    AMAA SPREAD
    125 LOUISE STREET
    GLENDALE,CA91205     		  501(C)3 EDUCATION,SOCIAL SERVICE, MISSIONS 37,500
    ANI AND NAROD MEMORIAL FUND
    450 NORTH BRAND BOULEVARD
    GLENDALE,CA91203     		  501(C)3 SOCIAL SERVICE 500
    ARARAT GUILD OF SAN GABRIEL
    15105 MISSION HILLS RD
    MISSION HILLS,CA91345     		  501(C)3 RELIGIOUS 700
    ARARAT HOME OF LOS ANGELES
    15105 MISSION HILLS RD
    MISSION HILLS,CA91345     		  501(C)3 SOCIAL SERVICE 100
    ARMENIAN AMERICAN CULTURAL ASSOC
    1300 CRYSTAL DRIVE SUITE
    ARLINGTON,VA22202     		  501(C)3 ARTS/CULTURAL 500
    ARMENIAN ASSEMBLY
    122 C STREET NW 350
    WASHINGTON,DC20001     		  501(C)3 SOCIAL SERVICE 2,000
    ARMENIAN CILICIA EVANGELICAL CHURCH
    339 S SANTA ANITA AVE
    PASADENA,CA91107     		  501(C)3 RELIGIOUS 1,000
    ARMENIAN CONGREGATIONAL CHURCH
    26210 W 12 MILE RD
    SOUTHFIELD,MI48037     		  501(C)3 RELIGIOUS 2,000
    ARMENIAN EDUCATIONAL FOUNDATION
    600 W BROADWAY 130
    GLENDALE,CA91204     		  501(C)3 EDUCATON 500
    ARMENIAN EVANGELICAL BRETHREN
    E WASHINGTON BLVD
    PASADENA,CA91104     		  501(C)3 RELIGIOUS 500
    ARMENIAN EVANGELICAL CH NEW YORK
    152 E 34TH ST
    NEW YORK,NY10016     		  501(C)3 RELIGIOUS 400
    ARMENIAN EVANGELICAL UNION
    411 E ACACIA AVE
    GLENDALE,CA91205     		  501(C)3 RELIGIOUS 2,500
    ARMENIAN EVANGELICAL WORLD COUNCIL
    3922 YORBA LINDA BLVD
    ROYAL OAKS,MI48073     		  501(C)3 MISSION 3,000
    ARMENIAN INTERNATIONAL WOMEN
    65 MAIN ST
    WATERTOWN,MA02472     		  501(C)3 SOCIAL SERVICE 5,100
    ARMENIAN MARTYRS CHURCH
    100 N EDMONDS
    HAVERTOWN,PA19083     		  501(C)3 RELIGIOUS 500
    ARMENIAN MEMORIAL CHURCH
    32 BIGELOW AVE
    WATERTOWN,MA02472     		  501(C)3 MISSION 1,000
    ARMENIAN MISSIONARY ASSOCIATION
    31 W CENTURY RD
    PARAMUS,NJ07652     		  501(C)3 MISSION 35,000
    ARMENIAN NATIONAL COMMITTEE
    104 N BELMONT ST 200
    GLENDALE,CA91206     		  501(C)3 SOCIAL SERVICE 2,500
    ARMENIAN TREE PROJECT
    400 WEST CUMMINGS PARK ST
    WOBURN,MA01801     		  501(C)3 SOCIAL SERVICE 5,000
    ASEMBLEA CHRISTINA DEL VALLE
    BOX 128
    COACHELLA VALLEY,CA92236     		  501(C)3 MISSION/CHARITIES 18,500
    ATHLETES IN ACTION CAMPUS CRUSADE
    5801 N UNION BLVD STE 201
    COLORADO SPRINGS,CO80918     		  501(C)3 MISSION 1,000
    BERKELEY HALL SCHOOL
    16000 MULHOLLAND DR
    LOS ANGELES,CA90049     		  501(C)3 EDUCATION 28,500
    BOYS AND GIRLS CLUB
    42600 COOK ST420
    PALM DESERT,CA92211     		  501(C)3 SOCIAL SERVICE 500
    BRANDYWINE MUSEUM
    P O BOX 141
    CHADDSFORD,PA19317     		  501(C)3 ARTS/CULTURAL 3,000
    CAMP AREV
    PO BOX 11145
    GLENDALE,CA91226     		  501(C)3 EDUCATION 1,000
    CAMPUS CRUSADE FOR CHRIST
    BOX 628222
    ORLANDO,FL32862     		  501(C)3 MISSION 500
    CENTER THEATER GROUP
    601 W TEMPLE ST
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 1,000
    CENTER THEATER GROUP
    601 W TEMPLE ST
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 264
    CHILDRENS HOSPITAL
    34TH ST CIVIC CTR BLVD
    PHILADELPHIA,PA19104     		  501(C)3 MISC HEALTH 2,500
    CHRISTIAN ASSEMBLY OF THE VALLEY
    BOX 128
    COACHELLA VALLEY,CA92236     		  501(C)3 MISSION/CHARITIES 44,000
    COACHELLA VALLEY RESCUE MISSION
    47470 VAN BUREN ST
    INDIO,CA92201     		  501(C)3 SOCIAL SERVICE 3,200
    COLLEAGUES
    710 SO NEW HAMPSHIRE
    LOS ANGELES,CA90005     		  501(C)3 SOCIAL SERVICE 5,000
    COLLEGE OF THE DESERT FOUNDATION
    43-500 MONTEREY AVENUE
    PALM DESERT,CA92260     		  501(C)3 EDUCATION 1,000
    COOPER MED SCHOOL ROWAN UNIV
    401 BROADWAY
    CAMDEN,NJ08103     		  501(C)3 MISC HEATLH 2,500
    DESERT CHRISTIAN ACADEMY
    40700 YUCCA LANE
    BERMUDA DUNES,CA92203     		  501(C)3 EDUCATION 14,800
    DESERT COMMUNITY FOUNDATION
    75-105 MERLE DR STE 300
    PALM DESERT,CA92211     		  501(C)3 SOCIAL SERVICE 3,700
    DESERT TOWN HALL
    45-200 CLUB DR SUITE B
    INDIAN WELLS,CA92210     		  501(C)3 ARTS/CULTURAL 4,000
    EISENHOWER HOSPITAL FOUNDATION
    39000 BOB HOPE DRIVE
    RANCHO MIRAGE,CA92270     		  501(C)3 MISC HEALTH 10,000
    ESPOIR L ARMENIE
    4 RUE DU DOCTEUR PAUL DID
    LYON,LYON  
    FR     		  501(C)3 RELIGIOUS 1,000
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND AVE
    PASADENA,CA91101     		  501(C)3 SOCIAL SERVICE 1,000
    GEORGE W BUSH FOUNDATION
    PO BOX 600610
    DALLAS,TX75360     		  501(C)3 ARTS/CULTURAL 10,000
    GOOD NEWS JAIL AND PRISON MINISTRY
    2230 E PARHAM RD
    RICHMOND,VA23228     		  501(C)3 MISSION 500
    HAIGAZAN ALUMNI COMMITTEE
    31 W CENTURY BLVD
    PARAMUS,NJ07652     		  501(C)3 EDUCATION 500
    HAIGAZIAN UNIVERSITY
    31 W CENTURY BLVD
    PARAMUS,NJ07652     		  501(C)3 EDUCATION 10,500
    HAIGAZIAN UNIVERSITY WOMENS AUX
    31 W CENTURY BLVD
    PARAMUS,NJ07652     		  501(C)3 EDUCATION 1,000
    HORIZONS INTERNATIONAL
    100 W GLENOAKS
    GLENDALE,CA91202     		  501(C)3 ARTS/CULTURAL 2,000
    HUMANITARIAN AID RELIEF TRUST
    144-146 SLOUGH LANE
    LONDON,LONDON  
    UK     		  501(C)3 SOCIAL SERVICE 1,000
    IGLESIA BAUTISTE FUNDAMEN
    942 S FORD BLVD
    LOS ANGELES,CA90022     		  501(C)3 MISSION 1,000
    KAPPA ALPHA THETA FOUNDATION
    8740 FOUNDERS RD
    INDIANAPOLIS,IN46268     		  501(C)3 SOCIAL SERVICE 1,000
    KCET
    2900 WEST ALAMEDA AVE
    BURBANK,CA91505     		  501(C)3 ARTS/CULTURAL 200
    KUSC
    P O BOX 7913
    LOS ANGELES,CA90007     		  501(C)3 EDUCATION 500
    LADIES AUXILIARY - WESTERN DIOCESE
    10807 LAUREL ST
    RANCHO CUCAMONGA,CA91730     		  501(C)3 SOCIAL SERVICE 500
    LARK MUSIC SOCIETY INC - AMAA
    411 E ACACIA AVE
    GLENDALE,CA91203     		  501(C)3 ARTS CULTURAL 1,500
    LIBERTY INSTITUTE
    2001 W PLANO PARKWAY
    PLANO,TX75075     		  501(C)3 SOCIAL SERVICE 500
    LIBRARY FOUNDATION OF LOS ANGELES
    630 W 5TH ST
    LOS ANGELES,CA90071     		  501(C)3 EDUCATION 1,200
    LIFE WITHOUT LIMBS
    5701 LINDERO CYN RD 202
    WESTLAKE VILLAGE,CA91362     		  501(C)3 MISC HEALTH 7,500
    LOREN ZACHERY SOCIETY
    2250 GLOAMING WAY
    BEVERLY HILLS,CA90210     		  501(C)3 ARTS/CULTURAL 1,000
    LOS ANGELES OPERA
    135 N GRAND AVENUE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 1,000
    LOS ANGELES OPERA
    135 N GRAND AVENUE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 2,500
    LOS ANGELES OPERA
    135 N GRAND AVENUE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 12,700
    LOS ANGELES PHILHARMONIC
    151 S GRAND AVENUE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 12,683
    LOS ANGELES PHILHARMONIC 260577
    151 S GRAND AVENUE
    LOS ANGELES,CA90012     		  501(C)3 ARTS CULTURAL 345
    MCCALLUM THEATER
    73000 FRED WARING DRIVE
    PALM DESERT,CA92260     		  501(C)3 ARTS/CULTURAL 6,000
    MEDSEND
    999 ORONOQUE LN
    STRATFORD,CT06614     		  501(C)3 MISC HEALTH 1,000
    MERDINIAN SCHOOL
    13330 RIVERSIDE DRIVE
    SHERMAN OAKS,CA91423     		  501(C)3 ARTS CULTURAL 1,600
    METROPOLITAN MUSEUM OF ART
    11 WEST 53 STREET
    NEW YORK,NY10019     		  501(C)3 ARTS/CULTURAL 145
    METROPOLITAN OPERA ASSOCIATION
    88 W END AVENUE
    NEW YORK,NY10023     		  501(C)3 ARTS/CULTURAL 16,500
    MUSIC CENTER
    135 N GRAND AVE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 1,823
    MUSIC CENTER BLUE RIBBON
    135 N GRAND AVE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 2,500
    MUSIC CENTER FOUNDERS
    135 N GRAND AVE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 2,677
    NATIONAL GEOGRAPHIC SOCIETY
    1145 17TH ST
    WASHINGTON,DC20036     		  501(C)3 EDUCATION 266
    NOTRE DAME HIGH SCHOOL
    2851 OVERLAND AVE
    LOS ANGELES,CA90064     		  501(C)3 EDUCATION 14,000
    OCEAN PARK COMMUNITY CENTER
    1614 OCEAN AVE
    SANTA MONICA,CA90401     		  501(C)3 SOCIAL SERVICE 1,500
    OLD ROMAN CATHOLIC AND
    LOS ANGELES
    LOS ANGELES,CA90012     		  501(C)3 MISSION/CHARITIES 136,648
    OPHELIA PROJECT
    718 NEVADA DR
    ERIE,PA16505     		  501(C)3 SOCIAL SERVICE 700
    PALM DESERT COMMUNITY PRESBYTERIAN
    47-321 HIGHWAY 74
    PALM DESERT,CA92260     		  501(C)3 RELIGIOUS 7,975
    PALM DESERT PRESBYTERIAN CH ACADEMY
    47-321 HIGHWAY 74
    PALM DESERT,CA92260     		  501(C)3 EDUCATION 600
    PALM SPRINGS FRIENDS OF THE PHILHAR
    BOX 12770
    PALM SPRINGS,CA92255     		  501(C)3 ARTS/CULTURAL 4,160
    PALM SPRINGS OPERA GUILD
    2150 E TAHQUITZ CANYON
    PALM SPRINGS,CA92262     		  501(C)3 ARTS/CULTURAL 600
    PET RESCUE
    83-496 AVENUE 51
    COACHELLA,CA92236     		  501(C)3 SOCIAL SERVICE 100
    PHILADELPHIA ORCH CENTRAL COMMITTEE
    5103 CONVENT LANE 306
    PHILADELPHIA,PA19114     		  501(C)3 ARTS/CULTURAL 5,000
    PROJECT SAVE
    BOX 236
    WATERTOWN,MA02471     		  501(C)3 MISSION 1,000
    SACRED HEART CATHOLIC SCHOOL
    43776 DEEP CANYON RD
    PALM DESERT,CA92260     		  501(C)3 EDUCATION 7,200
    SAHAG & MESROP ARMENIAN SCHOOL
    2501 N MAIDEN LANE
    ALTADENA,CA91001     		  501(C)3 EDUCATION 500
    SALVATION ARMY
    30-400 LANDAN BLVD
    CATHEDRAL CITY,CA92234     		  501(C)3 MISSION 4,000
    SHAMLIAN - TATIKIAN SCHOOL
    2592 CALLE VILLANAO CIRCL
    DUARTE,CA91010     		  501(C)3 EDUCATION 500
    ST GARABED ARMENIAN APOSTOLIC CH
    38905 MONTEREY AVE
    RANCHO MIRAGE,CA92270     		  501(C)3 RELIGIOUS 1,000
    ST GREGORY ARMENIAN APOS CHURCH
    2215 E COLORADO
    PASADENA,CA91107     		  501(C)3 SOCIAL SERVICE 1,000
    ST ILLUMINATOR ARMENIAN APOS CHURCH
    221 E 27TH ST
    NEW YORK,NY10016     		  501(C)3 RELIGIOUS 2,500
    STEINWAY SOCIETY
    BOX 3015
    RANCHO MIRAGE,CA92270     		  501(C)3 ARTS/CULTURAL 500
    TRINITY EPISCOPAL CHURCH
    6587 UPPER YORK RD
    SOLEBURY,PA18963     		  501(C)3 RELIGIOUS 1,500
    TUFENKIAN ARMENIAN SCHOOL
    1200 E CARLTON DR
    GLENDALE,CA91205     		  501(C)3 EDUCATION 1,000
    UCLA FOUND DAVIDIAN FUND
    BOX 1372
    GLENDALE,CA91209     		  501(C)3 SOCIAL SERVICE 5,000
    UNITED ARMENIAN CONGREGAT
    3480 CAHUENGA BLVD
    LOS ANGELES,CA90036     		  501(C)3 RELIGIOUS 5,000
    UNIVERSITY OF SOUTH FLORIDA
    4202 E FOWLER AVE CPR 107
    TAMPA,FL33620     		  501(C)3 EDUCATION 1,000
    WALLACE ANNENBERG CTR FOR PERFORM
    991 W PICO
    LOS ANGELES,CA90025     		  501(C)3 ARTS/CULTURAL 6,000
    WARING INTL PIANO COMPETI
    73-710 FRED WARING DR 201
    PALM DESERT,CA92260     		  501(C)3 ARTS/CULTURAL 18,500
    WESTERN DIOCESE CHURCH
    3325 N GLENOAKS BLVD
    BURBANK,CA91504     		  501(C)3 RELIGIOUS 1,500
    YOUTH FOR CHRIST INTERNATIONAL
    BOX 4555
    ENGLEWOOD,CO80153     		  501(C)3 RELIGIOUS 500
    Total .................................bullet 3a 590,486
    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 43,810  
    4 Dividends and interest from securities....     14 181,032  
    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 ............     		        20,742
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aCLASS ACTION PROCEEDS     		        350
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   224,842 21,092
    13Total. Add line 12, columns (b), (d), and (e)..................
    13245,934
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      3,175 3,175    

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Name of Bond End of Year Book Value End of Year Fair Market Value
    50,000 AMAZON INC. 48,447 48,373
    65,000 AMERICAN EXPRESS CREDIT 67,031 65,828
    50,000 APPLE INC. 47,509 48,719
    100,000 BURLINGTON NORTH SANTA FE 100,007 104,227
    15,000 COSTCO 15,563 15,789
    50,000 CVS CAREMARK 50,858 50,242
    25,000 MONSANTO CO 25,142 26,705
    35,000 MORGAN STANLEY 35,337 38,379
    75,000 GE CAPITAL CORP 74,238 76,126
    50,000 UNITED TECHNOLOGIES    
    75,000 BOTTLING GROUP, LLC    
    75,000 PRIVATE EXPORT FUNDING    
    60,000 VERIZON 59,013 59,262
    100,000 BURLINGTON NORTH SANTA FE    
    100,000 HOME DEPOT 100,214 107,951
    CISCO SYSTEMS 74,120 75,479
    FANNIE MAE 06/12/07 75,326 79,656
    FG POOL G04477 08/01/38 3,624 4,089
    FG POOL G08279 4,861 5,474
    FGMLC POOLA81144 6,142 6,826
    GOLDMAN SACHS GROUP 74,404 82,391
    MONTGOMERY CNTY PA 9/1/25 52,367 53,902
    PENNSYLVANIA BUILD AMERICA BONDS 77,084 81,446
    US TREASURY NB .250% 99,859 99,992
    US TREASURY NB 1.75% 49,312 49,199

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC 38,011 104,500
    ALTRIA GROUP 29,418 69,852
    AMERICAN EXPRESS CO 107,798 90,415
    AMERISOURCEBERGEN CORP 63,534 64,819
    ANHEUSER-BUSCH INBEV 77,647 90,625
    APPLE INC 39,624 66,840
    AUTOMATIC DATA PROCESSING 40,445 84,720
    BECTON DICKINSON & CO 52,967 104,011
    BLACKROCK 99,489 202,609
    CANADIAN IMPERIAL BANK    
    CDK GLOBAL, INC.    
    CHEVRON 105,469 107,952
    COCA-COLA, CO. 59,985 113,844
    COMCAST CORP NEW CL A 61,136 67,716
    CVS 28,538 78,216
    DISNEY 33,374 97,199
    DUPONT EL NEMOUR 24,719 61,605
    EATON CORP 70,165 71,555
    EXXON MOBIL CORP 63,471 99,386
    GENERAL ELECTRIC 63,619 104,353
    GENUINE PARTS CO 60,533 100,921
    GLAXOSMITHKLINE 78,252 80,700
    HAYLARD HEALTH    
    INTEL CORPORATION 35,646 64,594
    JOHNSON & JOHNSON 99,150 177,192
    JPMORGAN CHASE 106,641 165,075
    KIMBERLY CLARK 39,364 82,745
    KRAFT FOODS 63,573 94,588
    LEDGETT & PLATT INC    
    M&T BK CORP 56,039 78,767
    MASTERCARD INC CLASS A 56,114 77,888
    MATTEL INC    
    MEDTRONIC 79,881 82,689
    MERCK & CO 86,433 126,768
    MICROSOFT 77,671 176,149
    ORACLE CORP 101,696 94,978
    PHILIP MORRIS INTERNATIONAL 106,709 114,283
    PROCTOR & GAMBLE CO 58,964 103,233
    QUALCOMM    
    SANOFI-AVENTIS ADR 26,095 29,855
    SCHLUMBERGER LTD 60,255 54,056
    TARGET CORP 65,709 79,871
    TJX COS INC 28,644 42,546
    TOTAL FINA ELF S A    
    TWENTY FIRST CENTURY FOX B 65,543 50,376
    UNION PACIFIC 36,356 109,480
    UNITED PARCEL SERVICE 67,174 86,607
    UNITED TECHNOLOGIES CORP 63,785 98,472
    UNITEDHEALTH GROUP 54,039 102,935
    VERIZON 71,820 78,574
    WASTE MANAGEMENT 73,729 106,740
    WELLS FARGO & CO 49,000 107,361
    WW GRAINGER INC 95,511 81,036

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1,900 ISHARE S&P MIDCAP 400 AT COST 127,851 264,708
    6,950 ISHARES CORE MSCI EMERGING AT COST 328,062 273,761
    800 ISHARES MSCI EMERGING MARKETS AT COST 38,165 38,928
    1365 VANGUARD FTSE ALL WORLD AT COST 134,653 126,768
    2,600 ISHARES S&P SMALLCAP 600 AT COST 132,646 286,286
    2000 VANGUARD FTSE EUROPE ETF AT COST 105,508 99,760
    2200 VANGUARD REIT ETF AT COST 120,314 175,406
    3000 ISHARES MCSI CANADA INDEX AT COST    
    7000 ISHARES CORE MSCI EAFE ETF AT COST 375,516 380,660
    7500 ISHARES DOW JONES EPAC AT COST    
    7778 VANGUARD EUROPE PACIFIC AT COST    
    8000 EGSHARES EM CONSUMER ETF AT COST    
    JPMORGAN ALERIAN MLP INDEX AT COST 250,740 209,830

    TY 2015 OtherDecreasesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Amount
    FEDERAL TAXES PAID 32,358
    ROUNDING 4
    PENALTIES 79


    TY 2015 OtherExpensesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    COMPUTER EXPENSES 2,963     2,963
    POSTAGE 2,430     2,430
    INSURANCE 2,021     2,021
    OFFICE EXPENSES 8,265     8,295
    TELEPHONE 3,621     3,621
    MEETINGS 750     750
    FUNDRAISING EXPENSES 1,049     1,049
    TRAVEL 9,727     9,727
    INCOME DESIGNATED AS TAXABLE 4 4    
    COST BASIS ADJUSTMENT HAVERFO 852 852    


    TY 2015 OtherIncomeSchedule2
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION PROCEEDS 350   350


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SECRETARY 3,000     3,000
    BOOKKEEPING 604     604
    INVESTMENT FEES 36,390 36,390    


    TY 2015 TaxesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,913 1,913    
    CA FEES 10     10