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
Gordon and Llura Gund Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)14 Nassau Street
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Princeton, NJ08542
A Employer identification number

22-2987293
B Telephone number (see instructions)

(609) 921-3633
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$103,539,184
J 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 10,749 10,749  
4 Dividends and interest from securities... 1,079,832 1,079,832  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,695,208
b Gross sales price for all assets on line 6a 9,783,759
7 Capital gain net income (from Part IV, line 2)... 8,695,208
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)....... 1,352 1,352  
12 Total. Add lines 1 through 11........ 9,787,141 9,787,141  
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)....... 85,000 85,000   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 977 977   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 86,705 86,705   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 172,682 172,682   0
25 Contributions, gifts, grants paid....... 8,884,898 8,884,898
26 Total expenses and disbursements. Add lines 24 and 25 9,057,580 172,682   8,884,898
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 729,561
b Net investment income (if negative, enter -0-) 9,614,459
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............. 11,730 914,945 914,945
2 Savings and temporary cash investments.........      
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   1,100,000 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,302,285 Click to see attachment11,312,519 102,624,239
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) 12,414,015 12,227,464 103,539,184
Liabilities 17 Accounts payable and accrued expenses.......... 85,000  
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)......... 85,000 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 12,329,015 12,227,464
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 12,329,015 12,227,464
31 Total liabilities and net assets/fund balances (see instructions). 12,414,015 12,227,464
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
12,329,015
2
Enter amount from Part I, line 27a .....................
2
729,561
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
202,643
4
Add lines 1, 2, and 3 ..........................
4
13,261,219
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,033,755
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
12,227,464
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 LabCorp of Amer (LH) 300 shs   2015-02-20 2015-07-23
b LabCorp of Amer (LH) Cash in Lieu   2015-02-20 2015-02-20
c Covance Inc. (CVD) 155 shs   1996-10-02 2015-02-20
d Covance Inc. (CVD) 21,000 shs   1998-04-22 2015-02-20
e Covance Inc. (CVD) 66,450 shs   2001-12-19 2015-02-20
Gilead Sciences, Inc. (GILD) 2,000 shs   1997-05-23 2015-04-23
Capital Gains Dividends P    
(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 36,528   35,100 1,428
b 85   82 3
c 16,614   2,146 14,468
d 2,250,910   333,586 1,917,324
e 7,122,523   716,924 6,405,599
206,252   713 205,539
150,847     150,847
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       1,428
b       3
c       14,468
d       1,917,324
e       6,405,599
      205,539
      150,847
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 8,695,208
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 6,663,601 100,261,731 0.066462
2013 2,350,296 74,022,852 0.031751
2012 11,786,790 44,336,492 0.265849
2011 9,721,018 44,170,739 0.220078
2010 10,312,650 53,650,341 0.192220
2
Total of line 1, column (d) .....................
20.776360
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
0.155272
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
108,278,827
5
Multiply line 4 by line 3......................
5
16,812,670
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
96,145
7
Add lines 5 and 6........................
7
16,908,815
8
Enter qualifying distributions from Part XII, line 4.............
8
8,884,898
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 1 192,289
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........................... 3 192,289
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- ..... 5 192,289
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 182,504
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.............. 7 182,504
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 2,932
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 12,717
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
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTheodore W Baker Telephone no.bullet (609) 921-3633

    Located atbullet14 Nassau StreetPrincetonNJ ZIP+4bullet08542
    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
    Gordon Gund Trustee
    6.00
    0 0 0
    14 Nassau Street
    Princeton,NJ08542
    Llura Gund Trustee
    6.00
    0 0 0
    14 Nassau Street
    Princeton,NJ08542
    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
    108,071,939
    b
    Average of monthly cash balances.......................
    1b
    1,855,804
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    109,927,743
    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
    109,927,743
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,648,916
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    108,278,827
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,413,941
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    5,413,941
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    192,289
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    192,289
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,221,652
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,221,652
    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
    5,221,652
    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
    8,884,898
    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
    8,884,898
    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
    8,884,898
    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 5,221,652
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 7,630,281
    b From 2011...... 7,517,931
    c From 2012...... 9,609,695
    d From 2013......  
    e From 2014...... 1,660,460
    fTotal of lines 3a through e........ 26,418,367
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 8,884,898
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2015 distributable amount..... 5,221,652
    e Remaining amount distributed out of corpus 3,663,246
    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 30,081,613
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    7,630,281
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    22,451,332
    10 Analysis of line 9:
    a Excess from 2011.... 7,517,931
    b Excess from 2012.... 9,609,695
    c Excess from 2013....  
    d Excess from 2014.... 1,660,460
    e Excess from 2015.... 3,663,246
    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
    101 E 69th Street Conservancy
    101 East 69th Street
    New York,NY10021
    None 501 ( c ) (3) To help further charitable purposes of organization. 500
    Abby Theatre Foundation
    420 Lexington Avenue- Suite 356
    New York,NY101700247
    None 501 ( c ) (3) To help further charitable purposes of organization. 3,000
    Alzheimer's Association
    400 Morris Ave
    Denville,NJ07834
    None 501 ( c ) (3) To help further charitable purposes of organization. 3,300
    American Foundation for the Blind
    145 West 45th Street Suite 300
    New York,NY10036
    None 501 ( c ) (3) To help further charitable purposes of organization. 15,000
    American Legion Fairview Post 738
    19311 Lorain Road
    Cleveland,OH44106
    None 501 ( c ) (3) To help further charitable purposes of organization. 300
    American Red Cross- National
    2025 E Street
    Washington,DC20006
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Art Beyond Sight
    589 Broadway 3rd Floor
    New York,NY10012
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Arts Unbound Inc
    544 Freeman Street
    Orange,NJ07050
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Aspen Institute
    One Dupont Circle NW Suite 700
    Washington,DC20036
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Aspen Music Festival and School
    2 Music School Road
    Aspen,CO81611
    None 501 ( c ) (3) To help further charitable purposes of organization. 500
    Aspen Volunteer Fire Dept
    420 East Hopkins Street
    Aspen,CO81611
    None 501 ( c ) (3) To help further charitable purposes of organization. 250
    Athletes for Hope
    3 Bethesda Metro-Suite 450
    Bethesda,MD20814
    None 501 ( c ) (3) To help further charitable purposes of organization. 148,926
    Atlantic Salmon Federation
    PO Box 807
    Calais,ME046190807
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Baldwin School
    701 Montgomery Avenue
    Bryn Mawr,PA19010
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,400
    Beyond Sustainability thru Cross Cultural Journeys FDN
    PO Box 1369
    Sausalito,CA94966
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Bolles School
    7400 San Jose Boulevard
    Jacksonville,FL32217
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Boys & Girls Clubs of Mercer County
    212 Centre Street
    Trenton,NJ08611
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    Brigham & Women's Hospital
    75 Francis Street
    Boston,MA02115
    None 501 ( c ) (3) To help further charitable purposes of organization. 33,333
    Cadence Health Foundation
    5050 Winfield Road
    Winfield,IL60190
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,500
    Cameron & Hayden Lord Foundation
    110 Riverside Drive 12C
    New York,NY10024
    None 501 ( c ) (3) To help further charitable purposes of organization. 15,000
    Carsons Scholars Fund
    305 W Chesapeake Avenue
    Towson,MD21204
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Center for Independent Living of Bucks County
    1200 Veterans HighwaySuite F-14 Box
    820
    Bristol,PA19007
    None 501 ( c ) (3) To help further charitable purposes of organization. 800
    Centurion Ministries
    1000 Herrontown Road
    Princeton,NJ08540
    None 501 ( c ) (3) To help further charitable purposes of organization. 3,000
    Challenge Aspen
    PO Box M
    Aspen,CO81612
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Childrens Scholarship Fund
    8 W 38th Street
    New York,NY10018
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    Children's Tumor Foundation
    95 Pine Street 16th Floor
    New York,NY10005
    None 501 ( c ) (3) To help further charitable purposes of organization. 20,000
    Cleveland Clinic Foundation
    9500 Euclid Avenue
    Cleveland,OH44195
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Cleveland Institute of Art
    11141 East Boulevard
    Cleveland,OH44106
    None 501 ( c ) (3) To help further charitable purposes of organization. 100,000
    Cleveland Museum of Art
    11150 East Boulevard
    Cleveland,OH44195
    None 501 ( c ) (3) To help further charitable purposes of organization. 35,000
    Community Foundation for Nantucket
    PO Box 204
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization 24,000
    Council on Economic Education
    122 East 42nd Street Suite 2600
    New York,NY10168
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Cystic Fibrosis Foundation
    6931 Arlington Road
    Bethesda,MD20814
    None 501 ( c ) (3) To help further charitable purposes of organization. 11,000
    Dwelling Place of New York Inc
    409 West 40th Street
    New York,NY10018
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,800
    EarthJustice Legal Defense
    426 17th Street 6th Floor
    Oakland,CA94612
    None 501 ( c ) (3) To help further charitable purposes of organization. 300,000
    Eiteljorg Museum
    500 Washington Street
    Indianapolis,IN46204
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    Environmental Defense Fund
    257 Park Avenue South
    New York,NY10010
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Faith United Reform Church
    10729 78th Avenue
    Allendale,MI49401
    None 501 ( c ) (3) To help further charitable purposes of organization. 500
    Foundation Fighting Blindness
    PO Box 17279
    Baltimore,MD21298
    None 501 ( c ) (3) To help further charitable purposes of organization. 6,814,689
    Foundation for Art & Preservation in Embassies (FAPE)
    1725 I Street Suite 300
    Washington,DC20006
    None 501 ( c ) (3) To help further charitable purposes of organization. 3,000
    Freehold Borough Educational Foundation
    6 Hance Blvd
    Freehold,NJ07728
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,400
    Friends of Burlington County Animal Shelter
    1 Caramel Drive
    Lumberton,NJ08048
    None 501 ( c ) (3) To help further charitable purposes of organization. 600
    Friends of Harvard Hockey
    124 Mount Auburn Street
    Cambridge,MA02138
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Friends of Harvard Radcliffe Rowing
    124 Mount Auburn Street
    Cambridge,MA02138
    None 501 ( c ) (3) To help further charitable purposes of organization. 22,000
    Friends of the OSA
    1822 R ST NW
    Washington,DC20009
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    FSH Society
    450 Bedford Street
    Lexington,MA02420
    None 501 ( c ) (3) To help further charitable purposes of organization. 500
    George Street Playhouse
    9 Livingston Avenue
    New Brunswick,NJ08901
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Grounds for Sculpture
    18 Fairgrounds Rd
    Hamilton,NJ08619
    None 501 ( c ) (3) To help further charitable purposes of organization. 42,000
    Harvard Management Company- Eye Study
    124 Mount Auburn Street
    Cambridge,MA02138
    None 501 ( c ) (3) To help further charitable purposes of organization. 100,000
    Helen Keller International
    352 Park Avenue SoSuite 1200
    New York,NY10010
    None 501 ( c ) (3) To help further charitable purposes of organization 10,000
    Hiram College
    PO Box 67
    Hiram,OH44234
    None 501 ( c ) (3) To help further charitable purposes of organization. 20,000
    Home Front
    1880 Princeton Avenue
    Lawrenceville,NJ08648
    None 501 ( c ) (3) To help further charitable purposes of organization. 20,000
    Hospice of Medina County
    5075 Windfall Rd
    Medina,OH44256
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Institute for Aegean Prehistory
    3550 Market Street Suite 100
    Philadelphia,PA19104
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    John Richard Early Foundation
    C/O Citizens Bank 100 N Essex Ave
    Narberth,PA19572
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Knights of Columbus Archangel Council 7429
    178 W White Horse Pike
    Berlin,NJ08009
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,300
    LaCrosse County Historical Society
    PO Box 1272
    LaCrosse,WI54602
    None 501 ( c ) (3) To help further charitable purposes of organization. 300
    Layalina Productions
    1250 24th Street NW Suite 300
    Washington,DC20037
    None 501 ( c ) (3) To help further charitable purposes of organization. 7,500
    Lighthouse Guild
    111 East 59th Street
    New York,NY10022
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Marina Orth Foundation
    4907 Rockwood Parkway NW
    Washington,DC20016
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Memphis Opportunity Scholarship Trust
    850 Ridge Lake BLVD- Suite 500
    Memphis,TN38120
    None 501 ( c ) (3) To help further charitable purposes of organization. 3,000
    Mercy Home for Boys & Girls
    1140 W Jackson Blvd
    Chicago,IL60607
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Museum of the City of New York
    1220 Fifth Avenue
    New York,NY10029
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,500
    Nantucket Athenium
    One India Street PO Box 808
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Nantucket Boys & Girls Club
    PO Box 269
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,500
    Nantucket Conservation Foundation
    PO Box 13- 118 Cliff RD
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 250,000
    Nantucket Cottage Hospital
    57 S Prospect Street
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,500
    Nantucket Fireman's Association
    131 Pleasant Street
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Nantucket Historical Association
    13 Broad Street
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    Nantucket Ice
    10 Backus Lane
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 3,000
    National Right to Work Legal Defense Fund
    8001 Braddock Road
    Springfield,VA22160
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    National Urban League
    156 Fifth Avenue Suite 222
    New York,NY10010
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Natural Resource Defense Council
    40 West 20th Street
    New York,NY10011
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Naturebridge (CCJF)
    1920 L St NW
    Washington,DC20036
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    New York Botanical Garden
    200th Street Kazimiroff Boulevard
    Bronx,NY10458
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    New York Stem Cell Foundation
    1995 Broadway Suite 600
    New York,NY10023
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    On the Rise
    341 Broadway
    Cambridge,MA02139
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Optometric Center of New York
    33 West 42nd Street
    New York,NY10036
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Our Lady of Mt Carmel Regional School
    Cedar Avenue
    Berlin,NJ08009
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Parkinsons Unity Walk
    PO Box 275
    Kingston,NJ085280275
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Penn State Dance Marathon (THON)
    Penn State Hershey Medical Center
    Hershey,PA17033
    None 501 ( c ) (3) To help further charitable purposes of organization. 500
    People & Stories
    140 E Hanover Street
    Trenton,NJ08608
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Peter Benchley Ocean Awards
    PO Box 40213
    Washington,DC20016
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Pillar of Fire International
    10 Chapel Drive
    Zaraphath,NJ08890
    None 501 ( c ) (3) To help further charitable purposes of organization. 3,000
    Population Council
    1 DAG HAMMARSKJOLD PLZ
    New York,NY10017
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Princeton Adult School
    PO Box 701
    Princeton,NJ08542
    None 501 ( c ) (3) To help further charitable purposes of organization. 50,000
    Princeton Area Community Foundation (PACF) Endowment Fund
    15 Princess Road
    Lawrenceville,NJ08648
    None 501 ( c ) (3) To help further charitable purposes of organization. 50,000
    Princeton Senior Resource Center
    45 Stockton Street
    Princeton,NJ08540
    None 501 ( c ) (3) To help further charitable purposes of organization. 50,000
    Project Hope
    255 Carter Hall Lane
    Millwood,VA22646
    None 501 ( c ) (3) To help further charitable purposes of organization. 500
    Prostate Cancer Foundation
    1616 Walnut Street-24th FL
    Philadelphia,PA19103
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    ResearchAmerica
    1101 King Street Suite 520
    Alexandria,VA22314
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    Rock and Roll Hall of Fame
    1 Key Plaza
    Cleveland,OH44114
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Rocky Mountain PBS
    1089 Bannock Street
    Denver,CO08204
    None 501 ( c ) (3) To help further charitable purposes of organization. 15,000
    Ronald Reagan Presidential Foundation
    40 PRESIDENTIAL DRIVE
    Simi Valley,CA93065
    None 501 ( c ) (3) To help further charitable purposes of organization. 50,000
    RYR-1 Foundation
    PO Box 13312
    Pittsburgh,PA15243
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    Salvation Army
    PO Box 3124
    Union,NJ070831924
    None 501 ( c ) (3) To help further charitable purposes of organization. 300
    San Francisco Film Society
    39 Mesa Street Suite 110
    San Francisco,CA94129
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Save Our Sound
    4 Barnstable Road
    Hyannis,MA02601
    None 501 ( c ) (3) To help further charitable purposes of organization. 15,000
    Shark Savers
    419 Lafayette Street
    New York,NY10003
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Shelburne Museum
    US Route 7 PO Box 10
    Shelburne,VT05482
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    Shelly Davis Memorial Fund
    1126 16th Street NW Suite 270
    Washington,DC20036
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Skowhegan School of Painting & Sculpture
    136 West 22nd Street
    New York,NY10011
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    South Brunswick Social Services
    PO Box 190 Municipal Complex
    Monmouth Junction,NJ08852
    None 501 ( c ) (3) To help further charitable purposes of organization. 100
    St Vincent Academy
    228 W Market Street
    Newark,NJ07103
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,300
    Stonybrook-Millstone Watershed Assoc
    31 Titus Mill Road
    Pennington,NJ08534
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    Storm King Art Center
    1 Museum Road
    New Windsor,NY12553
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Tallladega College
    627 West Battle Street
    Talladega,AL35160
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Timothy M Hosea Memorial Fund
    1 South Post Road
    Princeton,NJ08550
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    United Negro College Fund
    8260 Willow Oaks Corporate Drive
    Fairfax,VA22031
    None 501 ( c ) (3) To help further charitable purposes of organization. 500
    United States Association for Blind Athletes
    One Olympic Plaza
    Colorado Springs,CO80909
    None 501 ( c ) (3) To help further charitable purposes of organization. 15,000
    United Way of Greater Battle Creek
    34 W JACKSON STREET
    Battle Creek,MI49017
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    University of Maryland Foundation
    3300 Melzerolt Road
    Adelphi,MD20783
    None 501 ( c ) (3) To help further charitable purposes of organization. 1,000
    USO
    601 Indiana Avenue NW
    Washington,DC20004
    None 501 ( c ) (3) To help further charitable purposes of organization. 300
    Yale School of Medicine-Department of Epidemiology & Public Health
    333 Cedar Street
    New Haven,CT06510
    None 501 ( c ) (3) To help further charitable purposes of organization. 200,000
    Young Audiences Arts for Learning of NJ
    200 Forrestal Road
    Princeton,NJ08540
    None 501 ( c ) (3) To help further charitable purposes of organization. 500
    Total .................................bullet 3a 8,884,898
    bApproved for future payment
    American Foundation for the Blind
    145 West 45th Street Suite 300
    New York,NY10036
    None 501 ( c ) (3) To help further charitable purposes of organization. 12,500
    Beyond Sustainability thru Cross Cultural Journeys FDN
    PO Box 1369
    Sausalito,CA94966
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    Boys & Girls Clubs of Mercer County
    212 Centre Street
    Trenton,NJ08611
    None 501 ( c ) (3) To help further charitable purpose of organization. 75,000
    Brigham & Women's Hospital
    75 Francis Street
    Boston,MA02115
    None 501 ( c ) (3) To help further charitable purposes of organization. 66,667
    Center for Mind-Body Medicine
    5225 Connecticut Avenue NW Suite
    415
    Washington,DC20115
    None 501 ( c ) (3) To help further charitable purposes of organization. 20,000
    Childrens Scholarship Fund
    8 W 38th Street
    New York,NY10018
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    Cleveland Institute of Art
    11141 East Boulevard
    Cleveland,OH44106
    None 501 ( c ) (3) To help further charitable purposes of organization. 100,000
    Cleveland Museum of Art
    11150 East Boulevard
    Cleveland,OH44195
    None 501 ( c ) (3) To help further charitable purposes of organization. 315,000
    Eiteljorg Museum
    500 Washington Street
    Indianapolis,IN46204
    None 501 ( c ) (3) To help further charitable purposes of organization. 50,000
    Friends of Harvard Radcliffe Rowing
    124 Mount Auburn Street
    Cambridge,MA02138
    none 501 ( c ) (3) To help further charitable purposes of organization. 40,000
    George Street Playhouse
    9 Livingston Avenue
    New Brunswick,NJ08901
    None 501 ( c ) (3) To help further charitable purposes of organization. 8,000
    Hiram College
    PO Box 67
    Hiram,OH44234
    None 501 ( c ) (3) To help further charitable purposes of organization. 20,000
    HomeFront
    1880 Princeton Avenue
    Lawrenceville,NJ08648
    None 501 ( c ) (3) To help further charitable purposes of organization. 60,000
    Memphis Opportunity Scholarship
    850 Ridge Lake BLVD- Suite 500
    Memphis,TN38120
    None 501 ( c ) (3) To help further charitable purposes of organization. 3,000
    Nantucket Athenium
    1 India Street
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 2,000
    Nantucket Conservation Foundation
    PO Box 13- 118 Cliff RD
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 250,000
    Nantucket Historical Association
    13 Broad Street
    Nantucket,MA02554
    None 501 ( c ) (3) To help further charitable purposes of organization. 75,000
    NatureBridge
    PO Box 1016
    San Francisco,CA94108
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    People & Stories
    140 E Hanover Street
    Trenton,NJ08608
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Princeton Public Library Fund
    65 Witherspoon Street
    Princeton,NJ08542
    None 501 ( c ) (3) To help further charitable purposes of organization. 10,000
    ResearchAmerica
    1101 King Street Suite 520
    Alexandria,VA223142960
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    RYR-1 Foundation
    PO Box 13312
    Pittsburgh,PA15243
    None 501 ( c ) (3) To help further charitable purposes of organization. 50,000
    Shelly Davis Memorial Fund
    1126 16th Street NW Suite 270
    Washington,DC20036
    None 501 ( c ) (3) To help further charitable purposes of organization. 5,000
    Stonybrook-Millstone Watershed Assoc
    31 Titus Mill Road
    Pennington,NJ08534
    None 501 ( c ) (3) To help further charitable purposes of organization. 25,000
    United State Association for Blind Athletes
    33 N Institue Street Brown Hall
    Suite 015
    Colorado Springs,CO80903
    None 501 ( c ) (3) To help further charitable purposes of organization. 15,000
    University of Penn Medicine
    3400 Spruce Street
    Philadelphia,PA19104
    None 501 ( c ) (3) To help further charitable purposes of organization. 500,000
    Yale School of Medicine-Department of Epidemiology & Public Health
    333 Cedar Street
    New Haven,CT06510
    None 501 ( c ) (3) To help further charitable purposes of organization. 200,000
    Total .................................bullet 3b 1,977,167
    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 10,749  
    4 Dividends and interest from securities....     14 1,079,832  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property
             
    7 Other investment income.....     14 1,352  
    8
    Gain or (loss) from sales of assets other than inventory ............
        14 8,695,208  
    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 9,787,141 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    139,787,141
    (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:
    Gordon and Llura Gund Foundation
    EIN:
    22-2987293
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Gund Investment Corp 85,000 85,000   0

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    Gordon and Llura Gund Foundation
    EIN:
    22-2987293
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Gilead Sciences, Inc. 260,128 70,127,200
    Covance Inc 0 0
    Corning Inc 3,092,177 9,239,710
    Artisan Int'l Fund 1,575,000 2,580,982
    WF Closed End Int'l Fund 1,120,000 1,561,342
    Align Technologies, Inc. 380,000 13,170,000
    Artisan Global Opport.Fund 2,785,000 3,728,140
    LabCorp of America Holdings, Inc. 2,100,214 2,216,865

    TY 2015 OtherDecreasesSchedule
    Name:
    Gordon and Llura Gund Foundation
    EIN:
    22-2987293
    Description Amount
    Adjustment associated with assets sold 1,033,755


    TY 2015 OtherExpensesSchedule
    Name:
    Gordon and Llura Gund Foundation
    EIN:
    22-2987293
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WF Fund Investm. Fees-K-1(Bx 13K) 11,859 11,859   0
    Bank Fees 125 125   0
    WF Fund Other Losses K-1 (Bx 11A) 73,072 73,072   0
    WF Fund Other Losses K-1 (BX 11F) 1,649 1,649   0


    TY 2015 OtherIncomeSchedule2
    Name:
    Gordon and Llura Gund Foundation
    EIN:
    22-2987293
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    WF Cl End FD-K-1 (Sec 988) 1,352 1,352 1,352


    TY 2015 OtherIncreasesSchedule
    Name:
    Gordon and Llura Gund Foundation
    EIN:
    22-2987293
    Description Amount
    Appreciation of stock gifted to charitable organizations 202,643


    TY 2015 TaxesSchedule
    Name:
    Gordon and Llura Gund Foundation
    EIN:
    22-2987293
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes Paid-Wells Int'l K-1 977 977   0