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 Krantz 501 (C)(3) Trust
c/o Christopher Krantz
Number and street (or P.O. box number if mail is not delivered to street address)282 Noroton Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Darien, CT06820
A Employer identification number

22-2788865
B Telephone number (see instructions)

(212) 237-1000
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$589,474J 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 5 5  
4 Dividends and interest from securities... 2,916 2,916  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -6,990
b Gross sales price for all assets on line 6a 78,608
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ -4,069 2,921  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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 1,475 0   0
c Other professional fees (attach schedule).... Click to see attachment 8,567 8,567   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 686 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 1,650 0   0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 123 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,501 8,567   0
25 Contributions, gifts, grants paid....... 41,705 41,705
26 Total expenses and disbursements. Add lines 24 and 25 54,206 8,567   41,705
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -58,275
b Net investment income (if negative, enter -0-) 0
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............. 17,700 12,774 12,774
2 Savings and temporary cash investments......... 108,754 73,729 73,729
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)....... 384,932 Click to see attachment366,608 502,971
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 511,386 453,111 589,474
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 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........ 718,659 718,659
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -207,273 -265,548
30 Total net assets or fund balances (see instructions)..... 511,386 453,111
31 Total liabilities and net assets/fund balances (see instructions). 511,386 453,111
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
511,386
2
Enter amount from Part I, line 27a .....................
2
-58,275
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
453,111
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
453,111
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 Google Cl C Non-Voting P 2015-05-01 2015-05-04
b Micron Technology P 2014-10-01 2015-07-07
c Agilent Technology Inc P 2013-07-10 2015-05-08
d Airgas Inc P 2013-07-10 2015-05-08
e Alliance Data Systems P 2013-07-10 2015-05-08
Amazon Com Inc P 2013-07-10 2015-05-08
Amerisroucebergen Corp P 2013-07-10 2015-05-08
Amphenol Corp New P 2013-07-10 2015-05-08
Apple Inc P 2013-07-10 2015-05-08
CBRE Group Inc Class A P 2013-07-10 2015-05-08
Celgene Corp P 2013-07-10 2015-05-08
Chipotle Mexican Grill Cl A P 2014-10-28 2015-12-23
Citrix Systems Inc P 2013-07-10 2015-05-08
Cognizant Technology Solutions Corp Cl A P 2013-07-10 2015-05-08
Cummins Inc P 2013-07-10 2015-05-08
F5 Networks Inc P 2013-07-10 2015-05-08
Fleetcor Technologies Inc P 2013-11-13 2015-05-08
Home Depot Inc P 2013-07-10 2015-05-08
Lauder Estee Cos Inc Cl A P 2013-07-10 2015-05-08
Mastercard P 2013-07-10 2015-05-08
Mettler-Toledo Intl In P 2013-07-10 2015-05-08
Middleby Corp P 2014-04-01 2015-05-08
Monster Beverage Corp P 2013-07-10 2015-05-08
NCR Corp New P 2013-09-05 2015-05-08
Polaris Inds Inc P 2013-07-10 2015-05-08
Precision Castparts Corp P 2013-07-10 2015-05-08
Sherwin Williams Co P 2013-07-10 2015-05-08
Stericycle Inc P 2013-08-23 2015-05-08
3D Sys Corp Del P 2013-07-30 2015-11-12
Tiffany & Co New P 2013-07-10 2015-05-08
Tripadvisor Inc P 2014-04-10 2015-05-08
Waters Corporation P 2013-07-10 2015-05-08
Wynn Resorts Ltd P 2013-07-10 2015-05-08
Perrigo Co Plc P 2013-12-27 2015-05-08
NXP Semiconductor P 2014-01-17 2015-05-08
(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 15     15
b 2,443   4,647 -2,204
c 127   98 29
d 6,183   6,142 41
e 303   183 120
433   292 141
461   226 235
454   329 125
892   422 470
300   187 113
339   187 152
5,414   7,086 -1,672
4,795   4,800 -5
315   172 143
12,627   10,633 1,994
5,945   4,338 1,607
309   233 76
338   238 100
441   336 105
375   235 140
326   212 114
1,335   1,175 160
386   179 207
168   221 -53
6,636   8,204 -1,568
12,356   14,078 -1,722
575   367 208
134   116 18
1,426   8,006 -6,580
6,827   5,816 1,011
164   188 -24
261   207 54
4,914   5,640 -726
384   311 73
207   94 113
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       15
b       -2,204
c       29
d       41
e       120
      141
      235
      125
      470
      113
      152
      -1,672
      -5
      143
      1,994
      1,607
      76
      100
      105
      140
      114
      160
      207
      -53
      -1,568
      -1,722
      208
      18
      -6,580
      1,011
      -24
      54
      -726
      73
      113
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 -6,990
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      
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
2  
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
 
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4.............
8
 
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 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
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 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
     
    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)
    bulletNJ
    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
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletChristopher R Krantz Telephone no.bullet (212) 812-5907

    Located atbullet282 Noroton AvenueDarienCT ZIP+4bullet06820
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    Ann-Charlotte Krantz Trustee
    5.00     		0 0 0
    3245 Montara Drive
    Bonita Springs,FL34134
    Christopher Krantz Trustee
    10.00     		0 0 0
    282 Noroton Avenue
    Darien,CT06820
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    490,071
    b
    Average of monthly cash balances.......................
    1b
    106,482
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    596,553
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    596,553
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    8,948
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    587,605
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    29,380
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    29,380
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
     
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    29,380
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    29,380
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    29,380
    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
    41,705
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    41,705
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    41,705
    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 29,380
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 15,833
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 41,705
    a Applied to 2014, but not more than line 2a 15,833
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 25,872
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		3,508
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    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
    American Heart Association
    5 Brookside Drive PO Box 5022
    Wallingford,CT06492     		none Public Charity To enhance charitable foundation 120
    Artis Naples
    5833 Pelican Bay Blvd
    Naples,FL34108     		none Public Charity To enhance charitable foundation 3,500
    Autism Speaks
    1 East 33rd Street 4th Floor
    New York,NY10016     		none Public Charity To enhance charitable foundation 6,000
    Bolles School
    7400 San Jose Blvd
    Jacksonville,FL32217     		none Public Charity To enhance charitable foundation 620
    Community Fund for Darien
    701 Post Road PO Box 926
    Darien,CT06820     		none Public Charity To enhance charitable foundation 300
    Darien Junior Sailing
    138 West Ave
    Darien,CT06820     		none Public Charity To enhance charitable foundation 1,980
    Darien Littlge League
    PO Box 2108
    Darien,CT06820     		none Public Charity To enhance charitable foundation 260
    Darien Police Association
    25 Hecker Avenue
    Darien,CT06820     		none Public Charity To enhance charitable foundation 100
    Darien Soccer Association
    17 Old Kings Hwy S Ste 140
    Darien,CT06820     		none Public Charity To enhance charitable foundation 450
    Darien YMCA
    2420 Post Rd
    Darien,CT06820     		none Public Charity To enhance charitable foundation 385
    Discovery Museum
    4450 Park Avenue
    Bridgeport,CT06604     		none Public Charity To enhance charitable foundation 410
    Greenwood Gardens
    274 Old Short Hills Rd
    Short Hills,NJ07078     		none Public Charity To enhance charitable foundation 500
    Hospital for Special Surgery
    535 E 70th St
    New York,NY10021     		none Public Charity To enhance charitable foundation 2,230
    J Wood Platt Scholarship Trust
    PO Box 808
    Southeastern,PA19399     		none Public Charity To enhance charitable foundation 1,000
    Maritime Acquarium
    10 North Water Street
    Norwalk,CT06854     		none Public Charity To enhance charitable foundation 50
    Millbrun First Aid Squad
    188 Glen Avenue
    Millburn,NJ07041     		none Public Charity To enhance charitable foundation 500
    Morristown Beard School
    70 Whippany Rd
    Morristown,NJ07960     		none Public Charity To enhance charitable foundation 1,000
    Multiple Myeloma Research Foundation
    383 Main Avenue 5th Floord
    Norwalk,CT06851     		none Public Charity To enhance charitable foundation 1,000
    Nantucket Cottage Hospital
    57 S Prospect St
    Nantucket,MA02554     		none Public Charity To enhance charitable foundation 80
    Naples Botanical Gardens
    4820 Bayshore Drive
    Naples,FL34112     		none Public Charity To enhance charitable foundation 1,000
    Naples Jazz Orchestra
    PO Box 9436
    Naples,FL34101     		none Public Charity To enhance charitable foundation 1,000
    New Canaan Mounted Troops
    22 Carter Street
    New Canaan,CT06840     		none Public Charity To enhance charitable foundation 1,450
    Noroton Heights Fire Department
    209 Noroton Ave
    Darien,CT06820     		none Public Charity To enhance charitable foundation 65
    NY City Ballet
    20 Lincoln Center
    New York,NY10023     		none Public Charity To enhance charitable foundation 700
    Opus Person to Person
    1864 Boston Post Road
    Darien,CT06820     		none Public Charity To enhance charitable foundation 1,025
    Phi Delta Theta Educational Foundation
    2 South Campus Avenue
    Oxford,OH45056     		none Public Charity To enhance charitable foundation 1,000
    Royal PTO
    133 Mansfield Avenue
    Darien,CT06820     		none Public Charity To enhance charitable foundation 1,323
    Sankaty Head Foundation
    PO Box 875
    Siasconset,MA02564     		none Public Charity To enhance charitable foundation 2,250
    Sconset Chapel
    18 New Street PO Box 400
    Sconset,MA02564     		none Public Charity To enhance charitable foundation 1,132
    St Lukes Parish
    265 West Mill Road PO Box 416
    Long Valley,NJ07853     		none Public Charity To enhance charitable foundation 3,790
    Stamford Hospital
    30 Shelburne Road
    Stamford,CT06904     		none Public Charity To enhance charitable foundation 175
    Stone Barns Center for Food & Agriculture
    630 Bedford Road
    Pocantico Hills,FL10591     		none Public Charity To enhance charitable foundation 1,000
    The Darien Community Association
    274 Middlesex Rd
    Darien,CT06820     		none Public Charity To enhance charitable foundation 1,310
    The Glass House
    199 Elm Street
    New Canaan,CT06840     		none Public Charity To enhance charitable foundation 150
    Trustees of Columbia University
    615 W 131st St
    New York,NY10027     		none Public Charity To enhance charitable foundation 785
    United States Golf Association
    PO Box 708
    Far Hills,NJ07931     		none Public Charity To enhance charitable foundation 65
    Weill Cornell Medicine
    1300 York Ave
    New York,NY10065     		none Public Charity To enhance charitable foundation 3,000
    Total .................................bullet 3a 41,705
    bApproved for future payment
    Total .................................bullet 3b 0
    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 5  
    4 Dividends and interest from securities....     14 2,916  
    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 -915 -6,075
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,006 -6,075
    13Total. Add line 12, columns (b), (d), and (e)..................
    13-4,069
    (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.)
    3 The amount reported on line 3(e) of part XVI-A represents interest on the Foundation's savings. The Foundation's purpose is to support various charitable causes by making donations to public charities. The interest on the Foundation's savings are therefore related to its exempt purpose because the funds are used for the donations.
    4 The amount reported on line 4(e) of part XVI-A represents dividends on the Foundation's investments. The Foundation's purpose is to support various charitable causes by making donations to public charities. The dividends are used to make donations and are therefore related to the Foundation's exempt purpose.
    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 Krantz 501 (C)(3) Trust
     
    c/o Christopher Krantz
    EIN:
    22-2788865
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 1,475 0   0

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    The Krantz 501 (C)(3) Trust
     
    c/o Christopher Krantz
    EIN:
    22-2788865
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3D Sys Corp Del Com New 0 0
    Acuity Brands Inc Com 7,118 11,924
    Agilent Technologies Inc Com 4,420 5,477
    Airgas Inc 0 0
    Alliance Data Sys Corp com 6,295 9,127
    Amazon Com Inc 9,182 20,953
    Amerisource Bergen Corp Com 8,129 14,623
    Amphenol Corp New Cl A 12,493 16,191
    Apple Inc Com 13,565 22,841
    Avago Technologies Ltd 7,400 18,144
    Borgwarner Inc Com 4,883 3,977
    CBRE Group Inc Cl A 6,474 9,682
    Celgene Corp 6,877 12,575
    Chipotle Mexican Grill Inc Com 0 0
    Citrix Systems Inc 0 0
    Cognizant Technology Solutions Corp Cl A 6,989 11,584
    Cummins Inc 0 0
    Estee Lauder Companies Inc Cl A 10,078 13,121
    F5 Networks Inc Com 0 0
    Facebook Inc Cl A 10,954 14,652
    Fleetcor Technologies Inc Com 8,497 10,434
    Flowserve Corp Com 6,152 4,460
    Google Inc Cl A 8,940 15,369
    Halliburton Co Com 4,441 3,336
    Hanesbrands Inc Com 4,529 4,856
    Home Depot Inc Com 8,057 13,622
    Keysight Technologies Inc 1,723 1,898
    Mastercard Inc Cl A Com 11,301 18,109
    Mettler-Toldeo Intl Inc Com 6,116 9,496
    Micron Technology 0 0
    Middleby Corp 5,605 6,688
    Monster Beverage Corp Com 6,843 17,577
    NCR Corp Com 8,056 5,234
    Netflix Inc Com 7,186 21,618
    Nike Inc Cl B 6,912 9,375
    NXP Semiconductors NV Com 11,014 16,345
    Perrigo Co PLC Shs 10,563 9,840
    Polaris Industries Inc Com 0 0
    Precision Castparts Corp 0 0
    Priceline Com Inc Com New 12,181 16,574
    Robert Half Intl Inc 7,058 6,317
    Sherwin Williams Co 9,855 14,018
    Starbucks Corp Com 9,521 16,088
    Stericycle Inc Com 5,774 6,030
    Tiffany & Company 0 0
    Trimble Nav Ltd 4,642 3,539
    Tripadvisor Inc Com 6,563 5,968
    United Contl Hldgs Inc Com 4,697 5,845
    United Rentals Inc Com 6,972 4,570
    Waters Corp Com 7,660 9,959
    Wynn Resorts Ltd Com 0 0
    Electronic Arts Inc 10,562 11,339
    Global Payments Inc 13,867 17,547
    Harman Intl Inds Inc 9,818 7,160
    Verisk Analytics Inc 10,602 11,071
    Williams Sonoma Inc 9,636 7,301
    Zoetis Inc Class A 6,408 6,517

    TY 2015 OtherExpensesSchedule
    Name:
    The Krantz 501 (C)(3) Trust
     
    c/o Christopher Krantz
    EIN:
    22-2788865
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office Expense 123 0   0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    The Krantz 501 (C)(3) Trust
     
    c/o Christopher Krantz
    EIN:
    22-2788865
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Fees 8,567 8,567   0


    TY 2015 TaxesSchedule
    Name:
    The Krantz 501 (C)(3) Trust
     
    c/o Christopher Krantz
    EIN:
    22-2788865
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Taxes 686 0   0