Form990-PF
Click to see list of attachments

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 Waitte Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)19 Glenridge Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Los Gatos, CA95030
A Employer identification number

77-0527049
B Telephone number (see instructions)

(408) 399-9168
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$2,288,140J 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 14 14 14
4 Dividends and interest from securities... 37,753 37,753 37,753
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 117,329
b Gross sales price for all assets on line 6a 528,190
7 Capital gain net income (from Part IV, line 2)... 117,329
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........ 155,096 155,096 37,767
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 14,287     14,287
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,500     2,500
b Accounting fees (attach schedule)....... Click to see attachment 6,825     6,825
c Other professional fees (attach schedule).... Click to see attachment 11,473 11,473    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,646 636    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,241     1,241
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 4,561     3,425
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 45,533 12,109   28,278
25 Contributions, gifts, grants paid....... 89,500 89,500
26 Total expenses and disbursements. Add lines 24 and 25 135,033 12,109   117,778
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,063
b Net investment income (if negative, enter -0-) 142,987
c Adjusted net income (if negative, enter -0-)... 37,767
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 42,796 60,314 60,314
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)....... 1,692,340 1,701,725 1,747,181
c Investments—corporate bonds (attach schedule)....... 506,258 499,418 480,645
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) 2,241,394 2,261,457 2,288,140
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 4,066,250 4,066,250
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds -1,824,856 -1,804,793
30 Total net assets or fund balances (see instructions)..... 2,241,394 2,261,457
31 Total liabilities and net assets/fund balances (see instructions). 2,241,394 2,261,457
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
2,241,394
2
Enter amount from Part I, line 27a .....................
2
20,063
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,261,457
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,261,457
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 25 AMERICAN EXPRESS CO P 2014-05-07 2015-01-07
b 20 AMERICAN EXPRESS CO P 2014-06-24 2015-01-07
c 12 DOLLAR GENERAL CORP P 2014-08-07 2015-01-15
d 55 ***NXP SEMICONDUCTORS NV P 2014-07-31 2015-01-16
e 48 MEDTRONIC INC P 2015-01-20 2015-01-27
53 DOW CHEMICAL CO/THE P 2014-02-21 2015-01-29
35 DOW CHEMICAL CO/THE P 2014-04-25 2015-01-29
40 DOW CHEMICAL CO/THE P 2014-05-07 2015-01-29
10 ALLERGAN INC P 2014-02-12 2015-02-05
20 ASSURANT INC P 2014-02-28 2015-02-13
15 ASSURANT INC P 2014-10-09 2015-02-13
45 DTE ENERGY COMPANY P 2014-03-03 2015-02-13
15 DTE ENERGY COMPANY P 2014-08-26 2015-02-13
20 JPMORGAN CHASE & CO P 2014-08-07 2015-02-17
10 EOG RESOURCES INC P 2014-07-02 2015-03-10
15 EOG RESOURCES INC P 2014-07-22 2015-03-10
27 LINEAR TECHNOLOGY CORP P 2015-01-20 2015-03-18
12 NETSUITE INC P 2014-05-07 2015-03-18
13 NETSUITE INC P 2014-05-07 2015-03-19
30 BOOZ ALLEN HAMILTON HOLDING P 2014-05-16 2015-03-20
22 VF CORP P 2015-01-30 2015-03-20
29 BOOZ ALLEN HAMILTON HOLDING P 2014-05-16 2015-03-25
17 VF CORP P 2015-01-30 2015-03-25
80 VERIZON COMMUNICATIONS INC P 2014-03-26 2015-03-26
180 SLM CORP P 2014-04-16 2015-03-27
170 SLM CORP P 2014-07-11 2015-03-27
10 PHILIP MORRIS INTERNATIONAL P 2014-10-22 2015-03-31
14 VF CORP P 2015-01-30 2015-03-31
41 LINEAR TECHNOLOGY CORP P 2015-01-20 2015-04-02
27 LINEAR TECHNOLOGY CORP P 2015-02-10 2015-04-02
31 BOOZ ALLEN HAMILTON HOLDING P 2014-05-16 2015-04-13
20 ***PARTNERRE LTD P 2014-08-14 2015-04-14
50 FIDELITY NATIONAL INFORMATION P 2014-10-22 2015-04-22
52 ***MOBILEYE NV P 2015-01-30 2015-04-29
1 ***MOBILEYE NV P 2015-02-11 2015-04-29
15 MONSANTO CO P 2014-05-07 2015-05-04
60 VALERO ENERGY CORP P 2014-10-22 2015-05-04
25 OCCIDENTAL PETROLEUM CORP P 2014-07-02 2015-05-11
10 OCCIDENTAL PETROLEUM CORP P 2014-07-22 2015-05-11
10 OCCIDENTAL PETROLEUM CORP P 2014-08-26 2015-05-11
5 LOCKHEED MARTIN CORP P 2014-09-19 2015-06-02
3 LOCKHEED MARTIN CORP P 2015-01-06 2015-06-02
5 AFFILIATED MANAGERS GROUP INC P 2014-09-19 2015-06-05
4 AFFILIATED MANAGERS GROUP INC P 2015-02-10 2015-06-05
15 MARATHON PETROLEUM CORP P 2015-02-10 2015-06-05
20 MARATHON PETROLEUM CORP P 2015-02-10 2015-06-09
6 LOCKHEED MARTIN CORP P 2015-01-06 2015-06-10
5 LOCKHEED MARTIN CORP P 2015-02-10 2015-06-10
5 LOCKHEED MARTIN CORP P 2015-03-09 2015-06-10
11 FISERV INC P 2014-09-08 2015-06-16
2 GOLDMAN SACHS GROUP INC P 2014-09-11 2015-06-16
23 ANTHEM INC P 2014-07-31 2015-06-24
24 UNITEDHEALTH GROUP INC P 2014-09-11 2015-06-24
3 AUTOZONE INC P 2014-10-02 2015-07-16
144 INTEL CORP P 2015-01-30 2015-07-24
27 INTEL CORP P 2015-03-09 2015-07-24
96 INTEL CORP P 2015-05-08 2015-07-24
55 PAYPAL HOLDINGS INC P 2014-10-02 2015-08-14
15 PAYPAL HOLDINGS INC P 2015-03-09 2015-08-14
128 STAPLES INC P 2015-07-15 2015-09-24
100 FORD MOTOR CO P 2014-10-22 2015-10-01
72 SM ENERGY CO P 2015-05-11 2015-10-06
116 KOHLS CORP P 2015-04-01 2015-10-08
19 KOHLS CORP P 2015-05-18 2015-10-08
154 STAPLES INC P 2015-07-15 2015-10-13
13 ALLSTATE CORP P 2015-01-06 2015-11-04
15 DISCOVER FINANCIAL SERVICES P 2015-05-01 2015-11-04
37 UGI CORP P 2015-04-16 2015-11-13
45 TIME WARNER INC P 2015-01-06 2015-12-22
13 TIME WARNER INC P 2015-01-30 2015-12-22
18 ***PARTNERRE LTD P 2012-11-27 2015-01-02
19 ALTRIA GROUP INC P 2012-07-26 2015-01-02
35 ALTRIA GROUP INC P 2012-08-20 2015-01-02
20 BOEING CO/THE P 2013-05-07 2015-01-02
15 BOEING CO/THE P 2013-05-21 2015-01-02
4 ***AMDOCS LTD P 2013-02-20 2015-01-07
14 ***AMDOCS LTD P 2013-05-29 2015-01-07
49 AMERICAN EXPRESS CO P 2013-05-21 2015-01-07
20 AMERICAN EXPRESS CO P 2013-09-19 2015-01-07
10 PRECISION CASTPARTS CORP P 2012-08-27 2015-01-16
5 JPMORGAN CHASE & CO P 2012-03-23 2015-01-20
40 JPMORGAN CHASE & CO P 2012-10-25 2015-01-20
4 JPMORGAN CHASE & CO P 2013-07-18 2015-01-20
10 STARBUCKS CORP P 2012-07-13 2015-01-20
26 VERIZON COMMUNICATIONS INC P 2013-11-27 2015-01-20
3.042 BERNSTEIN INTERNATIONAL P 2005-11-21 2015-01-22
11 MEAD JOHNSON NUTRITION CO P 2013-12-09 2015-01-22
90 MICROSOFT CORP P 2012-09-19 2015-01-28
8 MICROSOFT CORP P 2012-11-27 2015-01-28
30 ALLERGAN INC P 2013-05-29 2015-02-05
1 PRICELINE GROUP INC/THE P 2013-04-19 2015-02-10
3 ASSURANT INC P 2014-02-03 2015-02-13
24 DTE ENERGY COMPANY P 2014-02-12 2015-02-13
14 ***EVEREST RE GROUP LTD P 2013-03-12 2015-02-17
46 JPMORGAN CHASE & CO P 2013-07-18 2015-02-17
12 ***PARTNERRE LTD P 2012-11-27 2015-02-25
7 ***PARTNERRE LTD P 2013-02-08 2015-02-25
13 ***PARTNERRE LTD P 2013-02-08 2015-02-25
5 ***PARTNERRE LTD P 2014-02-12 2015-02-25
20 COMCAST CORP-CLASS A P 2011-03-18 2015-03-03
27 KROGER CO P 2011-10-20 2015-03-03
5 KROGER CO P 2012-02-07 2015-03-03
9 CHUBB CORP P 2013-03-28 2015-03-23
12 CHUBB CORP P 2013-03-28 2015-03-23
3 INTERCONTINENTAL EXCHANGE IN P 2012-11-27 2015-03-23
7 INTERCONTINENTAL EXCHANGE IN P 2012-11-27 2015-03-23
2 BIOGEN INC P 2012-08-30 2015-03-24
32 PHILIP MORRIS INTERNATIONAL P 2012-08-28 2015-03-25
10 CHUBB CORP P 2013-03-28 2015-03-26
3 PHILIP MORRIS INTERNATIONAL P 2012-08-28 2015-03-26
14 PHILIP MORRIS INTERNATIONAL P 2012-11-06 2015-03-26
1 VERIZON COMMUNICATIONS INC P 2013-11-27 2015-03-26
30 VERIZON COMMUNICATIONS INC P 2014-02-28 2015-03-26
1 PHILIP MORRIS INTERNATIONAL P 2012-11-06 2015-03-31
15 PHILIP MORRIS INTERNATIONAL P 2012-11-27 2015-03-31
10 INTERCONTINENTAL EXCHANGE IN P 2013-01-04 2015-04-02
4 CHUBB CORP P 2013-03-28 2015-04-10
15 CHUBB CORP P 2013-05-29 2015-04-10
1 MONSANTO CO P 2013-02-22 2015-04-10
21 MONSANTO CO P 2013-02-22 2015-04-10
15 ***PARTNERRE LTD P 2014-02-12 2015-04-14
19 GOLDMAN SACHS GROUP INC P 2014-04-15 2015-04-16
34 FIDELITY NATIONAL INFORMATION P 2012-09-28 2015-04-22
30 FIDELITY NATIONAL INFORMATION P 2012-11-27 2015-04-22
35 FIDELITY NATIONAL INFORMATION P 2014-01-15 2015-04-22
22 MONSTER BEVERAGE CORP P 2014-02-12 2015-04-30
7 MONSTER BEVERAGE CORP P 2014-03-03 2015-04-30
26 ELECTRONIC ARTS INC P 2013-05-29 2015-05-04
6 MONSANTO CO P 2013-02-22 2015-05-04
15 MONSANTO CO P 2013-07-30 2015-05-04
100 OCCIDENTAL PETROLEUM CORP P 2013-09-25 2015-05-11
15 AMERICAN INTERNATIONAL GROUP P 2013-04-30 2015-05-28
18 AMERICAN TOWER CORP P 2014-01-15 2015-05-28
9 LOCKHEED MARTIN CORP P 2014-01-31 2015-05-28
20 AMERICAN TOWER CORP P 2014-01-15 2015-05-29
8 LOCKHEED MARTIN CORP P 2014-01-31 2015-05-29
2 LOCKHEED MARTIN CORP P 2014-03-26 2015-05-29
9 LOCKHEED MARTIN CORP P 2014-03-26 2015-06-01
2 LOCKHEED MARTIN CORP P 2014-03-26 2015-06-02
21 AMERICAN TOWER CORP P 2014-01-15 2015-06-03
9 POLARIS INDUSTRIES INC P 2013-11-18 2015-06-04
8 AFFILIATED MANAGERS GROUP INC P 2013-01-04 2015-06-05
10 AFFILIATED MANAGERS GROUP INC P 2013-02-08 2015-06-05
26 AMERICAN TOWER CORP P 2014-01-15 2015-06-05
12 POLARIS INDUSTRIES INC P 2013-11-18 2015-06-05
4 POLARIS INDUSTRIES INC P 2013-11-18 2015-06-09
10 POLARIS INDUSTRIES INC P 2014-01-31 2015-06-09
155.373 AB DISCOVERY GRWTH FUND- ADV P 2012-06-18 2015-06-16
51.181 AB DISCOVERY VALUE FUND- ADV P 2012-06-18 2015-06-16
8 AETNA INC P 2014-06-02 2015-06-16
20 AMERICAN INTERNATIONAL GROUP P 2013-04-30 2015-06-16
7 APPLE INC P 2010-02-04 2015-06-16
54 BANK OF AMERICA CORP P 2013-01-04 2015-06-16
286.111 BERNSTEIN INTERNATIONAL P 2005-11-21 2015-06-16
67 BROCADE COMMUNICATIONS SYS P 2014-03-11 2015-06-16
7 COSTCO WHOLESALE CORP P 2013-11-04 2015-06-16
5 DANAHER CORP P 2010-10-18 2015-06-16
5 DANAHER CORP P 2011-04-06 2015-06-16
14 ELECTRONIC ARTS INC P 2013-05-29 2015-06-16
11 GILEAD SCIENCES INC P 2013-06-14 2015-06-16
2 GOLDMAN SACHS GROUP INC P 2014-04-15 2015-06-16
1 GOOGLE INC-CL A P 2008-07-23 2015-06-16
2 GOOGLE INC-CL A P 2008-11-28 2015-06-16
8 HOME DEPOT INC P 2012-05-30 2015-06-16
9 JOHNSON & JOHNSON P 2010-07-27 2015-06-16
12 KROGER CO P 2012-02-07 2015-06-16
8 NIKE INC -CL B P 2013-12-04 2015-06-16
214.731 OVERLAY A PORTFOLIO P 2010-11-24 2015-06-16
12 QUINTILES TRANSNATIONAL HOLDIN P 2014-03-13 2015-06-16
9 RAYTHEON COMPANY P 2013-11-04 2015-06-16
11 SCHLUMBERGER LTD P 2013-07-24 2015-06-16
18 STARBUCKS CORP P 2012-07-13 2015-06-16
9 UNION PACIFIC CORP P 2012-08-22 2015-06-16
13 VISA INC - CLASS A SHRS P 2012-06-26 2015-06-16
29 AETNA INC P 2014-06-02 2015-06-24
19 MEAD JOHNSON NUTRITION CO P 2013-12-09 2015-07-10
2 STARBUCKS CORP P 2012-07-13 2015-07-10
60 STARBUCKS CORP P 2012-11-27 2015-07-10
3 STARBUCKS CORP P 2014-02-12 2015-07-10
2 AUTOZONE INC P 2014-05-20 2015-07-13
3 AUTOZONE INC P 2014-05-20 2015-07-14
14 MEAD JOHNSON NUTRITION CO P 2013-12-09 2015-07-14
1 AUTOZONE INC P 2014-05-20 2015-07-16
513 OFFICE DEPOT INC P 2014-02-06 2015-07-16
50 HESS CORP P 2013-10-18 2015-07-20
10 HESS CORP P 2013-11-04 2015-07-20
0.235 BERNSTEIN INTERNATIONAL P 2005-11-21 2015-07-22
44 ELECTRONIC ARTS INC P 2013-05-29 2015-07-22
1.862 BERNSTEIN INTERNATIONAL P 2005-11-21 2015-07-29
7 ***ALLERGAN PLC P 2014-05-20 2015-08-13
23 ELECTRONIC ARTS INC P 2013-05-29 2015-08-14
20 ELECTRONIC ARTS INC P 2013-11-04 2015-08-14
25 PAYPAL HOLDINGS INC P 2014-05-07 2015-08-14
20 PAYPAL HOLDINGS INC P 2014-05-20 2015-08-14
20 PAYPAL HOLDINGS INC P 2014-06-02 2015-08-14
26 ***AON PLC P 2013-09-27 2015-08-24
23 ANSYS INC P 2012-07-06 2015-08-24
8 COSTCO WHOLESALE CORP P 2013-11-04 2015-08-24
7 SHERWIN-WILLIAMS CO/THE P 2012-05-18 2015-08-24
7 SHERWIN-WILLIAMS CO/THE P 2013-02-08 2015-08-24
85.745 AB DISCOVERY GRWTH FUND- ADV P 2012-06-18 2015-09-01
41.216 AB DISCOVERY VALUE FUND- ADV P 2012-06-18 2015-09-01
27 ELECTRONIC ARTS INC P 2013-11-04 2015-09-01
15 MONSTER BEVERAGE CORP P 2014-03-03 2015-09-02
115 FORD MOTOR CO P 2012-11-08 2015-09-03
1 MEAD JOHNSON NUTRITION CO P 2013-12-09 2015-09-03
14 MEAD JOHNSON NUTRITION CO P 2013-12-20 2015-09-03
5 AMERICAN INTERNATIONAL GROUP P 2013-04-30 2015-09-04
42 AMERICAN INTERNATIONAL GROUP P 2013-05-07 2015-09-04
8 AMERICAN INTERNATIONAL GROUP P 2013-05-07 2015-09-08
29 AMERICAN INTERNATIONAL GROUP P 2013-06-14 2015-09-08
155 FORD MOTOR CO P 2012-11-08 2015-09-08
1 MEAD JOHNSON NUTRITION CO P 2013-12-20 2015-09-08
20 MEAD JOHNSON NUTRITION CO P 2014-02-12 2015-09-08
31 AMERICAN INTERNATIONAL GROUP P 2013-06-14 2015-09-10
7 AMERICAN INTERNATIONAL GROUP P 2013-11-12 2015-09-10
86 FORD MOTOR CO P 2012-11-08 2015-09-10
76 FORD MOTOR CO P 2013-02-08 2015-09-10
9 RAYTHEON COMPANY P 2013-11-04 2015-09-10
43 AMERICAN INTERNATIONAL GROUP P 2013-11-12 2015-09-14
74 FORD MOTOR CO P 2013-02-08 2015-09-14
40 FORD MOTOR CO P 2014-03-11 2015-09-14
40.451 AB DISCOVERY VALUE FUND- ADV P 2012-06-18 2015-09-22
150 BROCADE COMMUNICATIONS SYS P 2014-03-11 2015-10-01
60 FORD MOTOR CO P 2014-03-11 2015-10-01
7 GOLDMAN SACHS GROUP INC P 2014-09-11 2015-10-05
33 BROCADE COMMUNICATIONS SYS P 2014-03-11 2015-10-07
125 BROCADE COMMUNICATIONS SYS P 2014-06-02 2015-10-07
7 ***ALLERGAN PLC P 2014-05-20 2015-10-09
2 ***ALLERGAN PLC P 2014-06-24 2015-10-09
4 ***ALLERGAN PLC P 2014-06-24 2015-10-09
23 ELECTRONIC ARTS INC P 2013-11-04 2015-10-12
50 ELECTRONIC ARTS INC P 2013-11-12 2015-10-12
18 WALT DISNEY CO/THE P 2011-12-01 2015-10-13
6 ***ALLERGAN PLC P 2014-06-24 2015-10-14
5 ***ALLERGAN PLC P 2014-07-31 2015-10-14
27 RAYTHEON COMPANY P 2013-11-04 2015-10-14
3 RAYTHEON COMPANY P 2013-11-27 2015-10-14
12 RAYTHEON COMPANY P 2013-11-27 2015-10-19
15 RAYTHEON COMPANY P 2014-05-07 2015-10-19
6.406 BERNSTEIN INTERNATIONAL P 2005-11-21 2015-10-21
33 QUINTILES TRANSNATIONAL HOLDIN P 2014-03-13 2015-10-29
50 QUINTILES TRANSNATIONAL HOLDIN P 2014-03-19 2015-10-29
14 ***AMDOCS LTD P 2013-05-29 2015-11-04
12 ***AON PLC P 2013-09-27 2015-11-04
10 ***LYONDELLBASELL INDU-CL A P 2011-10-04 2015-11-04
1 ***LYONDELLBASELL INDU-CL A P 2012-05-30 2015-11-04
270.186 AB DISCOVERY GRWTH FUND- ADV P 2012-06-18 2015-11-04
124.879 AB DISCOVERY VALUE FUND- ADV P 2012-06-18 2015-11-04
1761.391 AB GLOBAL BOND FUND- ADV P 2014-10-28 2015-11-04
9 AETNA INC P 2014-06-02 2015-11-04
3 ALPHABET INC-CL A P 2008-11-28 2015-11-04
18 ALTRIA GROUP INC P 2012-08-20 2015-11-04
10 ANSYS INC P 2012-07-06 2015-11-04
9 ANTHEM INC P 2014-07-31 2015-11-04
23 APPLE INC P 2010-02-04 2015-11-04
70 BANK OF AMERICA CORP P 2013-01-04 2015-11-04
294.306 BERNSTEIN INTERMEDIATE P 2009-03-04 2015-11-04
183.91 BERNSTEIN INTERMEDIATE P 2009-03-20 2015-11-04
203.493 BERNSTEIN INTERMEDIATE P 2009-04-20 2015-11-04
197.187 BERNSTEIN INTERMEDIATE P 2009-05-20 2015-11-04
176.867 BERNSTEIN INTERMEDIATE P 2009-06-19 2015-11-04
3 BIOGEN INC P 2012-08-30 2015-11-04
11 CAPITAL ONE FINANCIAL CORP P 2013-04-09 2015-11-04
14 COMCAST CORP-CLASS A P 2011-03-18 2015-11-04
5 COSTCO WHOLESALE CORP P 2013-11-04 2015-11-04
5 COSTCO WHOLESALE CORP P 2013-11-27 2015-11-04
14 CVS HEALTH CORP P 2014-01-15 2015-11-04
10 DANAHER CORP P 2011-04-06 2015-11-04
12 DOLLAR GENERAL CORP P 2014-08-07 2015-11-04
17 DR PEPPER SNAPPLE GROUP INC P 2014-07-11 2015-11-04
17 ESTEE LAUDER COMPANIES-CL A P 2014-06-02 2015-11-04
12 FACEBOOK INC-A P 2014-04-15 2015-11-04
20 GAMESTOP CORP-CLASS A P 2014-01-31 2015-11-04
12 GILEAD SCIENCES INC P 2013-06-14 2015-11-04
9 HOME DEPOT INC P 2012-05-30 2015-11-04
2 INTUITIVE SURGICAL INC P 2014-04-15 2015-11-04
11 JOHNSON & JOHNSON P 2010-07-27 2015-11-04
42 MICROSOFT CORP P 2012-11-27 2015-11-04
5 MICROSOFT CORP P 2013-07-18 2015-11-04
7 NIKE INC -CL B P 2013-12-04 2015-11-04
1564.071 OVERLAY A PORTFOLIO P 2010-11-24 2015-11-04
441.827 OVERLAY B PORTFOLIO P 2010-11-24 2015-11-04
53 PFIZER INC P 2010-08-25 2015-11-04
1 PRICELINE GROUP INC/THE P 2013-05-29 2015-11-04
8 RAYTHEON COMPANY P 2014-05-07 2015-11-04
3 SHERWIN-WILLIAMS CO/THE P 2013-02-08 2015-11-04
28 STARBUCKS CORP P 2014-02-12 2015-11-04
22 US BANCORP P 2014-02-24 2015-11-04
20 VALERO ENERGY CORP P 2014-10-22 2015-11-04
19 VISA INC - CLASS A SHRS P 2012-06-26 2015-11-04
14 WALT DISNEY CO/THE P 2011-12-01 2015-11-04
31 WELLS FARGO & COMPANY P 2012-02-24 2015-11-04
8 MONSTER BEVERAGE CORP P 2014-03-03 2015-11-12
2 MONSTER BEVERAGE CORP P 2014-03-11 2015-11-12
9 STARBUCKS CORP P 2014-02-12 2015-11-12
4 STARBUCKS CORP P 2014-10-02 2015-11-12
2 RAYTHEON COMPANY P 2014-05-07 2015-11-13
10 RAYTHEON COMPANY P 2014-08-07 2015-11-13
22 ***AON PLC P 2013-09-27 2015-11-19
38 VALERO ENERGY CORP P 2014-10-22 2015-12-16
53 EMC CORP/MASS P 2014-08-07 2015-12-17
30 ***AON PLC P 2013-09-27 2015-12-18
67 EMC CORP/MASS P 2014-08-07 2015-12-21
80 EMC CORP/MASS P 2014-09-11 2015-12-21
9 ANTHEM INC P 2014-07-31 2015-12-22
20 TIME WARNER INC P 2012-08-02 2015-12-22
30 TIME WARNER INC P 2012-08-20 2015-12-22
GOOGLE INC-CL C P   2015-05-06
Rounding adj P   2015-12-31
Capital Gain Dividends      
(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 2,253   2,187 66
b 1,802   1,896 -94
c 793   693 100
d 4,260   3,389 871
e 3,601   3,465 136
2,336   2,502 -166
1,543   1,700 -157
1,763   1,970 -207
2,251   1,232 1,019
1,242   1,311 -69
931   938 -7
3,683   3,205 478
1,228   1,155 73
1,195   1,122 73
865   1,164 -299
1,297   1,757 -460
1,265   1,232 33
1,154   881 273
1,242   954 288
891   728 163
1,647   1,542 105
832   704 128
1,271   1,191 80
3,896   3,794 102
1,612   1,626 -14
1,522   1,440 82
759   872 -113
1,056   981 75
1,900   1,871 29
1,251   1,249 2
874   750 124
2,591   2,158 433
3,214   2,747 467
2,412   2,045 367
46   36 10
1,750   1,724 26
3,479   2,929 550
1,928   2,460 -532
771   975 -204
771   993 -222
952   902 50
571   566 5
1,113   1,037 76
891   861 30
1,513   1,502 11
1,996   2,002 -6
1,136   1,133 3
947   973 -26
947   998 -51
888   721 167
427   359 68
3,887   2,517 1,370
2,887   2,085 802
2,042   1,542 500
4,067   4,818 -751
763   886 -123
2,711   3,121 -410
2,080   1,751 329
567   526 41
1,620   1,991 -371
1,357   1,420 -63
2,727   4,199 -1,472
5,403   9,076 -3,673
885   1,256 -371
1,867   2,395 -528
818   895 -77
845   886 -41
1,261   1,287 -26
2,888   3,724 -836
834   1,024 -190
2,036   1,468 568
926   678 248
1,706   1,234 472
2,596   1,892 704
1,947   1,476 471
185   144 41
647   504 143
4,415   3,671 744
1,802   1,553 249
1,907   1,644 263
278   224 54
2,225   1,674 551
222   223 -1
810   531 279
1,246   1,293 -47
46   71 -25
1,100   942 158
3,766   2,801 965
335   217 118
6,753   3,000 3,753
1,054   687 367
186   194 -8
1,964   1,654 310
2,518   1,782 736
2,749   2,563 186
1,382   979 403
806   620 186
1,497   1,151 346
576   499 77
1,195   482 713
1,891   609 1,282
350   119 231
928   783 145
1,237   1,044 193
707   392 315
1,650   914 736
911   292 619
2,477   2,913 -436
1,000   870 130
229   273 -44
1,070   1,222 -152
49   50 -1
1,461   1,424 37
76   87 -11
1,139   1,347 -208
2,282   1,283 999
402   348 54
1,507   1,307 200
119   99 20
2,505   2,078 427
1,944   1,496 448
3,812   2,929 883
2,185   1,065 1,120
1,928   1,072 856
2,250   1,840 410
3,024   1,590 1,434
962   512 450
1,534   602 932
700   594 106
1,750   1,505 245
7,713   8,934 -1,221
889   623 266
1,698   1,497 201
1,710   1,351 359
1,862   1,663 199
1,508   1,201 307
377   322 55
1,706   1,450 256
381   322 59
1,954   1,746 208
1,296   1,199 97
1,781   1,080 701
2,227   1,464 763
2,417   2,162 255
1,722   1,598 124
571   533 38
1,427   1,258 169
1,605   1,088 517
1,105   820 285
1,001   624 377
1,241   831 410
894   195 699
946   647 299
4,635   6,666 -2,031
827   670 157
967   840 127
423   209 214
423   261 162
876   324 552
1,311   577 734
427   308 119
546   242 304
1,092   290 802
882   397 485
884   522 362
869   287 582
838   628 210
2,755   2,416 339
846   624 222
897   757 140
985   913 72
952   478 474
905   560 345
897   400 497
3,677   2,261 1,416
1,679   1,627 52
109   53 56
3,264   1,524 1,740
163   111 52
1,364   1,060 304
2,035   1,590 445
1,240   1,199 41
681   530 151
4,444   2,542 1,902
3,007   4,183 -1,176
601   816 -215
4   5 -1
3,206   1,019 2,187
30   43 -13
2,223   1,446 777
1,680   533 1,147
1,461   513 948
945   727 218
756   601 155
756   586 170
2,402   1,958 444
2,006   1,395 611
1,073   960 113
1,812   813 999
1,812   1,146 666
800   600 200
800   660 140
1,732   693 1,039
2,022   1,098 924
1,602   1,261 341
77   86 -9
1,079   1,161 -82
291   208 83
2,447   1,874 573
471   357 114
1,706   1,322 384
2,112   1,699 413
76   83 -7
1,520   1,563 -43
1,805   1,413 392
408   339 69
1,165   943 222
1,029   995 34
955   757 198
2,487   2,083 404
1,012   969 43
547   616 -69
790   648 142
1,518   1,501 17
814   924 -110
1,257   1,257  
344   330 14
1,301   1,149 152
1,928   1,446 482
551   448 103
1,102   897 205
1,543   590 953
3,354   1,322 2,032
1,911   648 1,263
1,600   1,345 255
1,334   1,065 269
2,967   2,271 696
330   267 63
1,331   1,070 261
1,664   1,462 202
100   149 -49
2,154   1,716 438
3,263   2,657 606
846   504 342
1,138   904 234
957   215 742
96   39 57
2,610   1,891 719
2,570   2,001 569
14,690   15,025 -335
976   702 274
2,263   436 1,827
1,046   635 411
977   607 370
1,221   985 236
2,810   639 2,171
1,195   839 356
3,932   3,405 527
2,457   2,139 318
2,719   2,456 263
2,634   2,459 175
2,363   2,186 177
892   437 455
890   615 275
862   337 525
789   600 189
789   628 161
1,393   957 436
958   522 436
814   693 121
1,501   1,003 498
1,462   1,302 160
1,245   701 544
938   702 236
1,306   629 677
1,132   446 686
1,006   839 167
1,123   637 486
2,287   1,142 1,145
272   177 95
914   550 364
19,285   17,596 1,689
4,595   4,803 -208
1,810   839 971
1,468   794 674
949   780 169
816   491 325
1,735   1,040 695
939   897 42
1,419   976 443
1,493   584 909
1,582   504 1,078
1,696   938 758
1,189   586 603
297   147 150
550   334 216
245   149 96
235   195 40
1,174   898 276
2,067   1,657 410
2,634   1,855 779
1,361   1,545 -184
2,752   2,259 493
1,701   1,954 -253
2,031   2,369 -338
1,255   985 270
1,283   777 506
1,925   1,230 695
24     24
4   4 -8
      29,593
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       66
b       -94
c       100
d       871
e       136
      -166
      -157
      -207
      1,019
      -69
      -7
      478
      73
      73
      -299
      -460
      33
      273
      288
      163
      105
      128
      80
      102
      -14
      82
      -113
      75
      29
      2
      124
      433
      467
      367
      10
      26
      550
      -532
      -204
      -222
      50
      5
      76
      30
      11
      -6
      3
      -26
      -51
      167
      68
      1,370
      802
      500
      -751
      -123
      -410
      329
      41
      -371
      -63
      -1,472
      -3,673
      -371
      -528
      -77
      -41
      -26
      -836
      -190
      568
      248
      472
      704
      471
      41
      143
      744
      249
      263
      54
      551
      -1
      279
      -47
      -25
      158
      965
      118
      3,753
      367
      -8
      310
      736
      186
      403
      186
      346
      77
      713
      1,282
      231
      145
      193
      315
      736
      619
      -436
      130
      -44
      -152
      -1
      37
      -11
      -208
      999
      54
      200
      20
      427
      448
      883
      1,120
      856
      410
      1,434
      450
      932
      106
      245
      -1,221
      266
      201
      359
      199
      307
      55
      256
      59
      208
      97
      701
      763
      255
      124
      38
      169
      517
      285
      377
      410
      699
      299
      -2,031
      157
      127
      214
      162
      552
      734
      119
      304
      802
      485
      362
      582
      210
      339
      222
      140
      72
      474
      345
      497
      1,416
      52
      56
      1,740
      52
      304
      445
      41
      151
      1,902
      -1,176
      -215
      -1
      2,187
      -13
      777
      1,147
      948
      218
      155
      170
      444
      611
      113
      999
      666
      200
      140
      1,039
      924
      341
      -9
      -82
      83
      573
      114
      384
      413
      -7
      -43
      392
      69
      222
      34
      198
      404
      43
      -69
      142
      17
      -110
       
      14
      152
      482
      103
      205
      953
      2,032
      1,263
      255
      269
      696
      63
      261
      202
      -49
      438
      606
      342
      234
      742
      57
      719
      569
      -335
      274
      1,827
      411
      370
      236
      2,171
      356
      527
      318
      263
      175
      177
      455
      275
      525
      189
      161
      436
      436
      121
      498
      160
      544
      236
      677
      686
      167
      486
      1,145
      95
      364
      1,689
      -208
      971
      674
      169
      325
      695
      42
      443
      909
      1,078
      758
      603
      150
      216
      96
      40
      276
      410
      779
      -184
      493
      -253
      -338
      270
      506
      695
      24
      -8
       
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 2 117,329
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 -1,938
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 115,365 2,254,927 0.05116
2013 109,674 2,119,521 0.05175
2012 109,150 2,082,059 0.05242
2011 100,573 2,149,546 0.04679
2010 98,790 2,082,563 0.04744
2
Total of line 1, column (d) .....................
20.249555
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
0.049911
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
2,358,648
5
Multiply line 4 by line 3......................
5
117,722
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,430
7
Add lines 5 and 6........................
7
119,152
8
Enter qualifying distributions from Part XII, line 4.............
8
117,778
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 2,860
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,860
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,860
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 3,264
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 3,264
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 404
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet404 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    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 addressbullethttp://www.ag.ca.gov/charities/
    14
    The books are in care ofbulletGeoffrey L Lamb CPA Telephone no.bullet (408) 371-6883

    Located atbullet2155 S Bascom Ave Ste 105CampbellCA ZIP+4bullet95008
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Carol E Waitte Dir/Pres
    10.00     		0 8,723  
    19 Glenridge Ave
    Los Gatos,CA95030
    Barry K Waitte Dir/Treas
    6.00     		0 5,564  
    19 Glenridge Ave
    Los Gatos,CA95030
    Tobey E D Fitch Director
    4.00     		0    
    19 Glenridge Ave
    Los Gatos,CA95030
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,343,011
    b
    Average of monthly cash balances.......................
    1b
    51,555
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,394,566
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,394,566
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    35,918
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,358,648
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    117,932
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    117,932
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,860
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,860
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    115,072
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    115,072
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    115,072
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    117,778
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    117,778
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    117,778
    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 7 115,072
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012...... 6,485
    d From 2013...... 5,878
    e From 2014...... 6,675
    fTotal of lines 3a through e........ 19,038
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 117,778
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 115,072
    e Remaining amount distributed out of corpus 2,706
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 21,744
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		21,744
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 6,485
    c Excess from 2013.... 5,878
    d Excess from 2014.... 6,675
    e Excess from 2015.... 2,706
    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).)
    Carol E Waitte
    Barry K Waitte
    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
    Opportunity InternationalInc
    2122 York Rd Ste 340
    Oak Brook,IL60523     		None Public Microlending Program 10,000
    Vashon Youth and Family Svcs
    PO Box 237
    Vashon,WA98070     		None Public Human services 5,000
    Second Harvest Food Bank
    750 Curtner Ave
    San Jose,CA95125     		none Public Community Programs 1,500
    Creativity Explored
    3245 16th Street
    San Francisco,CA94103     		None Public Community Programs 2,000
    St Helena Hospital Foundation
    10 Woodland Road
    St Helena,CA94574     		None Public Community Programs 10,000
    Children's Health Initiative
    645 South Bascom
    San Jose,CA95128     		None Public Community Programs 5,000
    Clinic Ole Fndthn-Community Hlth Cl
    1141 Pear Tree Lane Suite 100
    Napa,CA94558     		None Public Community Programs 5,000
    Boys Girls Clubs of America
    60 Benton Way
    American Canyon,CA94503     		None Public Community Programs 10,000
    Los Gatos Morning Rotary - Plein Ai
    PO Box 282
    Los Gatos,CA95031     		None Public Community Programs 1,000
    Montalvo Arts Center
    PO Box 158
    Saratoga,CA95071     		None Public Community Programs 1,000
    Museums of Los Gatos
    4 Tait Avenue
    Los Gatos,CA95030     		None Public Community Programs 1,500
    PlayWrite Inc
    PO Box 13420
    Portland,OR97213     		None Public Community Programs 7,000
    Spoon Foundation
    135 SE Main St Suite 201
    Portland,OR97214     		None Public Community Programs 5,500
    Peninsula Open Space
    222 High Street
    Palo Alto,CA94301     		None Public Community Programs 2,500
    Bill Wilson Center
    3490 The Alameda
    Santa Clara,CA95050     		None Public Youth Grief Counseling 5,000
    Worldreader
    40 Ringold Street
    San Francisco,CA94103     		None Public Community Programs 10,500
    Homefirst
    507 Valley Way
    Milpitas,CA95035     		None Public Community Programs 7,000
    Total .................................bullet 3a 89,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 14  
    4 Dividends and interest from securities....     14 37,753  
    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 ............     		    18 117,329  
    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)..   155,096  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13155,096
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID: 15000324
    Software Version: 2015v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting fees 6,825 0 0 6,825

    TY 2015 LegalFeesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 2,500 0 0 2,500


    TY 2015 OtherExpensesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Ca Attorney General Registry 50      
    Office expenes 1,566     1,566
    Office supplies 299     299
    Other Misc 46      
    Telephone 2,600     1,560


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bernstein inv mgmt fees 11,251 11,251 0 0
    Schwab inv related fees 222 222 0 0


    TY 2015 TaxesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Calif FTB 10      
    Foreign tax w/h on divids 636 636    
    IRS 4,000