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 10-01-2015 , and ending 09-30-2016
Name of foundation
DIACO FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)10-12 NO 7TH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLEVILLE, NJ07109
A Employer identification number

22-3763549
B Telephone number (see instructions)

(973) 484-7300
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,913,758J 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) 300,000
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 197,941 197,941  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 518,387
b Gross sales price for all assets on line 6a 4,229,871
7 Capital gain net income (from Part IV, line 2)... 518,387
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 9,550 9,550  
12 Total. Add lines 1 through 11........ 1,025,878 725,878  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 64,000 32,000   32,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 56,466 56,466   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,156 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,720 3,720   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 130,342 92,186   32,000
25 Contributions, gifts, grants paid....... 397,500 397,500
26 Total expenses and disbursements. Add lines 24 and 25 527,842 92,186   429,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 498,036
b Net investment income (if negative, enter -0-) 633,692
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............. 225,366 147,956 147,953
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        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,042,777 Click to see attachment1,422,441 1,440,655
b Investments—corporate stock (attach schedule)....... 3,859,458 Click to see attachment4,271,737 4,653,924
c Investments—corporate bonds (attach schedule)....... 842,552 Click to see attachment777,504 809,009
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 664,969 510,799 523,496
13 Investments—other (attach schedule).......... 332,654 Click to see attachment335,375 338,721
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,967,776 7,465,812 7,913,758
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 6,967,776 7,465,812
30 Total net assets or fund balances (see instructions)..... 6,967,776 7,465,812
31 Total liabilities and net assets/fund balances (see instructions). 6,967,776 7,465,812
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
6,967,776
2
Enter amount from Part I, line 27a .....................
2
498,036
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,465,812
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,465,812
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 PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c
d
e
(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 914,696   912,019 2,677
b 3,315,175   2,799,465 515,710
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       2,677
b       515,710
c
d
e
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 2 518,387
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 383,154 7,660,179 0.050019
2013 368,937 7,414,906 0.049756
2012 340,000 6,925,759 0.049092
2011 337,409 6,769,374 0.049843
2010 334,347 6,724,457 0.049721
2
Total of line 1, column (d) .....................
20.248431
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
0.049686
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
7,704,115
5
Multiply line 4 by line 3......................
5
382,787
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,337
7
Add lines 5 and 6........................
7
389,124
8
Enter qualifying distributions from Part XII, line 4.............
8
429,500
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 6,337
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 6,337
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 6,337
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 3,880
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 3,880
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 2,457
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
    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)
    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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletFRANK DIACO Telephone no.bullet (973) 484-7300

    Located atbullet10-12 NO 7TH STREETBELLEVILLENJ ZIP+4bullet07109
    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
    THEODORE F DIACO PRESIDENT
    0.00     		0 0 0
    2 VISTA COURT
    KINNELON,NJ07405
    VALERIE SILVESTRI SECRETARY
    10.00     		32,000 0 0
    1 SUNNY KNOLL COURT
    WAYNE,NJ07470
    STEPHANIE EMPERIO VICE PRESIDENT
    10.00     		32,000 0 0
    209 FOREST RIDGE COURT
    FRANKLIN LAKES,NJ07417
    FRANK P DIACO TREASURER
    0.00     		0 0 0
    852 SUMMIT AVE
    FRANKLIN LAKES,NJ07417
    JOSEPH MANASIA VICE PRESIDENT
    0.00     		0 0 0
    1139 MAURICE AVE
    CLARK,NJ07066
    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
    7,673,892
    b
    Average of monthly cash balances.......................
    1b
    147,545
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,821,437
    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
    7,821,437
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    117,322
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,704,115
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    385,206
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    385,206
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    6,337
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,337
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    378,869
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    378,869
    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
    378,869
    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
    429,500
    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
    429,500
    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
    6,337
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    423,163
    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 7 378,869
    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......  
    b From 2011...... 1,622
    c From 2012......  
    d From 2013...... 1,318
    e From 2014...... 7,837
    fTotal of lines 3a through e........ 10,777
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 429,500
    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..... 378,869
    e Remaining amount distributed out of corpus 50,631
    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 61,408
    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) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		61,408
    10 Analysis of line 9:
    a Excess from 2011.... 1,622
    b Excess from 2012....  
    c Excess from 2013.... 1,318
    d Excess from 2014.... 7,837
    e Excess from 2015.... 50,631
    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
    ALZHEIMER'S ASSOCIATION
    400 MORRIS AVE
    DENVILLE,NJ07834     		N/A PUBLIC CHARITY CHARITABLE 10,000
    AMERICAN RED CROSS
    209 FAIRFIELD RD
    FAIRFIELD,NJ07004     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ARCHDIOCESE OF NEWARK
    171 CLIFTON AVE
    NEWARK,NJ07104     		N/A PUBLIC CHARITY CHARITABLE 20,000
    CENTER FOR FOOD ACTION
    192A WEST DEMAREST AVE
    ENGLEWOOD,NJ07631     		N/A PUBLIC CHARITY CHARITABLE 10,000
    CHILDRENS HOSPITAL OF PHILADELPHIA
    PO BOX 781352
    PHILADELPHIA,PA19178     		N/A PUBLIC CHARITY CHARITABLE 5,000
    CLARA MASS HOSPITAL FOUNDATION
    1 CLARA MASS DRIVE
    BELLEVILLE,NJ07109     		N/A PUBLIC CHARITY CHARITABLE 10,000
    DIOCESE OF PATERSON ST JOSEPH FUND
    777 VALLEY ROAD
    CLIFTON,NJ07013     		N/A PUBLIC CHARITY CHARITABLE 50,000
    DOCTORS WITHOUT BORDERS
    PO BOX 5023
    HAGERSTOWN,MD21741     		N/A PUBLIC CHARITY CHARITABLE 5,000
    EL SALVADOR EDUCATION FUND co MOST BLESSED SACRAMENT CHURCH
    787 FRANKLIN LAKES RD
    FRANKLIN LAKES,NJ07417     		N/A PUBLIC CHARITY CHARITABLE 5,000
    EVA'S KITCHEN
    393 MAIN ST
    PATERSON,NJ07501     		N/A PUBLIC CHARITY CHARITABLE 10,000
    FILLIPINI SISTERS RETIREMENT FUND
    455 WESTERN AVENUE
    MORRISTOWN,NJ07960     		N/A PUBLIC CHARITY CHARITABLE 10,000
    FREEDOM ALLIANCE
    22570 MARKEY CT
    DULLES,VA20166     		N/A PUBLIC CHARITY CHARITABLE 10,000
    HACKENSACK UNIVERSITY MEDICAL FOUNDATION
    360 ESSEX ST
    HACKENSACK,NJ07601     		N/A PUBLIC CHARITY CHARITABLE 5,000
    LITTLE SISTERS OF THE POOR
    140 SHEPHERD LANE
    TOTOWA,NJ07512     		N/A PUBLIC CHARITY CHARITABLE 10,000
    MEMORIAL SLOAN KETTERING CANCER CENTER
    1275 YORK AVE
    NEW YORK,NY10065     		N/A PUBLIC CHARITY CHARITABLE 60,000
    MT SAINT DOMINICK
    3 RYERSON AVE
    CALDWELL,NJ07006     		N/A PUBLIC CHARITY CHARITABLE 7,500
    NATIONAL MULTIPLE SCLEROSIS NATIONAL SOCIETY
    1 KALISA WAY
    PARAMUS,NJ07652     		N/A PUBLIC CHARITY CHARITABLE 7,500
    OASIS
    59 MILL STREET
    PATERSON,NJ07501     		N/A PUBLIC CHARITY CHARITABLE 5,000
    SALESIAN SISTERS OF ST JOHN BOSCO
    659 BELMONT AVE
    NORTH HALEDON,NJ07508     		N/A PUBLIC CHARITY CHARITABLE 5,000
    SALVATION ARMY
    4 GARY ROAD
    UNION,NJ07083     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SETON HALL SEMINARY
    400 SOUTH AVENUE
    SOUTH ORANGE,NJ07079     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SEVERAL SOURCES SHELTERS
    PO BOX 157
    RAMSEY,NJ07446     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SISTERS OF SAINT JOSEPH
    9701 GERMANTOWN AVE
    PHILADELPHIA,PA19118     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ST BARNABAS BURN FOUNDATION
    94 OLD SHORT HILLS RD
    LIVINGSTON,NJ07039     		N/A PUBLIC CHARITY CHARITABLE 5,000
    ST BENEDICTS PREP SCHOOL
    520 DR MARTIN LUTHER KING JR BLVD
    NEWARK,NJ07102     		N/A PUBLIC CHARITY CHARITABLE 5,000
    ST JOSEPH REGIONAL HS SCHOLARSHIP FUND
    40 CHESTNUT RIDGE RD
    MONTVILLE,NJ07645     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ST JUDES CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		N/A PUBLIC CHARITY CHARITABLE 5,000
    THE CHURCH OF THE MOST BLESSED SACRAMENT
    787 FRANKLIN LAKES RD
    FRANKLIN LAKES,NJ07417     		N/A PUBLIC CHARITY CHARITABLE 17,500
    ST PETERS SCHOOL
    152 WILLIAM ST
    BELLEVILLE,NJ07109     		N/A PUBLIC CHARITY CHARITABLE 5,000
    ST VINCENT ACADEMY
    228 WEST MARKET ST
    NEWARK,NJ07103     		N/A PUBLIC CHARITY CHARITABLE 5,000
    SUSAN G KOMEN FOR THE CURE
    5005 LBJ FREEWAY SUITE 250
    DALLAS,TX75244     		N/A PUBLIC CHARITY CHARITABLE 5,000
    SUSAN SATRIANO MEMORIAL SCHOLARSHIP FUND
    3012 WAVERLY AVE
    OCEANSIDE,NY11572     		N/A PUBLIC CHARITY CHARITABLE 5,000
    VALLEY HOSPITAL FOUNDATION
    223 NORTH VAN DIEN AVE
    RIDGEWOOD,NJ07450     		N/A PUBLIC CHARITY CHARITABLE 5,000
    WOUNDED WARRIORS PROJECT
    4899 BELFORT ROAD
    JACKSONVILLE,FL32256     		N/A PUBLIC CHARITY CHARITABLE 10,000
    NOTRE DAME UNIVERSITY
    405 MAIN BUILDING
    NOTRE DAME,IN46556     		N/A PRIVATE RESEARCH UNI CHARITABLE 25,000
    Total .................................bullet 3a 397,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14    
    4 Dividends and interest from securities....     14 197,941  
    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 9,550  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    14 518,387  
    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).. 0 725,878 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13725,878
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    DIACO FAMILY FOUNDATION INC
     
    Employer identification number

    22-3763549
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    DIACO FAMILY FOUNDATION INC
          		Employer identification number
    22-3763549
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    POWER ELECTRIC CO  
    10-22 NORTH 7TH STREET
     
    BELLEVILLE, NJ07109

    		$ 300,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    DIACO FAMILY FOUNDATION INC
          		Employer identification number

    22-3763549
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    DIACO FAMILY FOUNDATION INC
          		Employer identification number

    22-3763549
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BRISTOL-MYERS SQUIBB CO 0.88% 08/01/2017 0 0
    GOLDMAN SACHS GROUP INC 5.25% 07/27/2021(AF16W) 43,972 50,803
    KINDER MORGAN ENER PART 3.95% 09/01/2022(A1V6M) 30,158 31,340
    VERIZON COMMUNICATIONS 4.60% 04/01/2021(CD99Y) 34,988 36,718
    WELLS FARGO & COMPANY 3.3% 09/09/2024 50,131 52,260
    BANK OF AMERICA CORP Coupon 4.00% Mature 04/01/2024(EBA95) 41,544 44,182
    CITIGROUP INCCoupon 3.95% Mature 06/15/2016(B7H04) 0 0
    COMCAST CORPCoupon 3.60% Mature 03/01/2024(CZU98) 40,126 43,754
    JP MORGAN CHASE & COCoupon 4.25% Mature 10/15/2020(A2L4R) 42,224 43,358
    METLIFE INCCoupon 3.60% Mature 04/10/2024(BR2L2) 35,206 37,072
    ORACLE CORPCoupon 2.80% Mature 07/08/2021(A3Q9C) 50,044 52,229
    TOTAL CAPITAL SACoupon 2.13% 01/10/2019(DK40B) 0 0
    BP CAPITAL MARKETS PLCCoupon 4.00% Mature 01/15/2020 (C461H) 0 0
    CVS HEALTH CORPCoupon 3.50% Mature 7/20/2022(A30TY) 31,158 33,182
    ENTERPRISE PRODUCTS OPERCoupon 3.75% Mature 2/15/2025(DTV31) 36,319 36,272
    MEDTRONIC INC Coupon 1.50% Mature 3/15/2018 (BF7B4) 32,007 32,144
    REYNOLDS AMERICAN INC Coupon 2.3% Mature 6/12/2018(C47W9) 36,195 36,524
    TORONTO DOMINION BANK Coupon 1.75% Mature 7/23/2018(ES0M8) 35,985 36,221
    UNITED HEALTH GROUP INC Coupon 3.35% Mature 7/15/2022(E496E) 35,507 37,583
    UNITED MEXICAN STATES Coupon 3.62% Mature 3/15/2022(A5F2B) 42,761 44,257
    COMCAST CORPCoupon 2.75% Mature 03/01/2023 25,889 25,905
    ANHEUSER-BUSCH INBEV FINCoupon 1.90% 02/01/2019 66,373 66,637
    AMERICAN INTL GROUPCoupon 3.30% 03/01/2021 33,226 34,624
    BERSHIRE HATHAWAY INCCoupon 2.20% 03/15/2021 33,691 33,944

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 37,394 36,581
    AMERICAN EXPRESS CO 0 0
    BHP BILLITON LTD 0 0
    BRISTOL MYERS SQUIBB CO 38,699 40,170
    CHEVRON CORP 84,135 89,746
    COCA COLA CO 24,444 24,842
    COMCAST CORP CL A SPECIAL NEW 22,781 35,160
    CONOCOPHILLIPS 77,559 66,726
    DIAGEO PLC SPON ADR NEW 0 0
    DOLLAR GEN CORP NEW COM 0 0
    DOMINION RES INC (NEW) 0 0
    DOW CHEMICAL CO 0 0
    DU PONT EI DE NEMOURS & CO 25,837 34,155
    EVERSOURCE ENERGY COM 0 0
    EXXON MOBIL CORP 116,257 119,835
    GENERAL ELECTRIC CO 0 0
    HOME DEPOT INC 42,900 66,785
    HONEYWELL INTERNATIONAL INC 46,967 73,452
    INTEL CORP 0 0
    INTL BUSINESS MACHINES CORP 0 0
    JPMORGAN CHASE & CO 0 0
    JOHNSON & JOHNSON 79,773 113,995
    MARATHON OIL CO 0 0
    MARATHON PETROLEUM CORP 0 0
    MC DONALDS CORP 0 0
    MERCK & CO INC NEW COM 62,351 91,243
    MICROSOFT CORP 55,238 81,734
    NEXTERA ENERGY INC COM 19,763 34,861
    NORTHROP GRUMMAN CP(HLDG CO) 0 0
    OCCIDENTAL PETROLEUM CORP DE 99,465 89,327
    PFIZER INC 86,452 92,533
    PHILIP MORRIS INTL INC 34,487 36,944
    PRAXAIR INC 44,310 46,520
    PROCTER & GAMBLE 22,346 23,784
    PRUDENTIAL FINANCIAL INC 36,680 40,825
    RAYTHEON CO (NEW) 0 0
    SCHLUMBERGER LTD 35,195 37,747
    SEMPRA ENERGY 0 0
    3M COMPANY 28,483 43,705
    TOTAL S A SPON ADR 0 0
    TRAVELERS COMPANIES INC COM 58,811 83,392
    U S BANCORP COM NEW 36,050 44,949
    UNILEVER NV NY SH NEW 0 0
    UNITED TECHNOLOGIES CORP 0 0
    VERIZON COMMUNICATIONS 56,818 73,084
    WELLS FARGO & CO NEW 138,858 155,069
    WEYERHAEUSER CO 0 0
    ACE LTD 0 0
    ABBVIE INC COM 4,232 7,568
    AMERICAN INTL GROUP INC NEW 0 0
    ANTHEM INC COM 0 0
    CHEMOURS CO COM 0 0
    CITIGROUP INC NEW 0 0
    CMS ENERGY CP 39,530 46,883
    GAP INC 0 0
    GOLDMAN SACHS GRP INC 0 0
    INTERNATIONAL PAPER CO 0 0
    KROGER CO 0 0
    METLIFE INCORPORATED 66,430 56,870
    MONDELEZ INTL INC COM 36,466 45,393
    ORACLE CORP 0 0
    PUBLIC SERVICE ENTERPRISE GP 0 0
    QUEST DIAGNOSTICS INC 0 0
    REYNOLDS AMERICAN INC 20,598 21,453
    SUNTRUST BKS 0 0
    TYCO INTL PLC SHS 0 0
    UNITEDHEALTH GP INC 0 0
    UNITED PARCEL SERVICE INC CL-B 27,268 32,261
    AMERICAN EXPRESS CREDIT 2.80% 09/19/2016(CF03F) 0 0
    AMERICAN INTL GROUP 3.38% 08/15/2020(A58FL) 40,138 42,209
    APPLE INC 1.00% 05/03/2018(BB2R5) 30,011 29,958
    BANK OF AMERICA CORP 2.00% 01/11/2018(B7LU4) 40,068 40,184
    COSTCO WHOLESALE CORP 1.70% 12/15/2019(AZ12D) 0 0
    GSMS 2007-GG10 A4 5.99% 08/10/2045(D4178) 60,190 52,986
    GOLDMAN SACHS GROUP INC 6.15% 04/01/2018(TBR36) 31,648 31,953
    HCP INC Coupon 2.63% Mature 02/01/2020(A51SY) 0 0
    TOYOTA MOTOR CREDIT CORP 1.38% 01/10/2018(B1V9V) 46,058 46,087
    CME GROUP INC 66,035 82,363
    LOCKHEED MARTIN CORP 0 0
    MORGAN STANLEY 0 0
    MOTOROLA SOLUTIONS INC 0 0
    QUALCOMM INC 31,388 31,647
    UNION PACIFIC CORP 26,110 30,234
    CAPITAL ONE FINANCIAL CO 40,699 41,795
    ACCENTURE PLC IRELAND CL A 24,620 26,389
    ALEXANDRIA REAL ESTATE EQ INC 13,441 15,772
    ALTRIA GROUP INC 84,121 87,890
    AMERIPRISE FINCL INC 16,990 16,961
    ANALOG DEVICES INC 36,867 40,668
    APPLE INC 81,825 87,615
    ARTHUR J GALLAGHER 25,405 28,640
    AUTOMATIC DATA PROCESSING INC 31,611 31,135
    AVALONBAY COMM INC 39,559 38,591
    BB & T CORP 44,584 46,961
    BANK OF AMERICA CORP 65,652 68,155
    BECTON DICKINSON & CO 48,716 54,817
    BEST BUY CO 18,977 21,839
    BLACKROCK INC 94,900 94,240
    BOSTON PROPERTIES INC 19,132 20,170
    CAPITAL ONE FINANCIAL CORP 35,294 33,616
    CHUBB LTD 33,950 35,810
    CINCINNATI FINANCIAL OHIO 19,030 22,249
    CINEMARK HOLDINGS INC. 20,047 21,475
    CULLEN FROST BANKERS INC 19,548 22,661
    DISCOVER FINCL SVCS 23,522 23,468
    DOVER CORP 11,511 11,782
    DR PEPPER SNAPPLE GROUP INC 34,891 36,798
    DTE ENERGY COMPANY 7,977 8,711
    EDISON INTERNATIONAL 48,344 50,936
    ELI LILLY & CO 50,646 52,330
    FIDELITY NATL INFORMATION SE 33,263 39,285
    GENL DYNAMICS CORP 48,028 52,754
    GENUINE PARTS CO 40,410 41,988
    GILEAD SCIENCE 25,428 21,362
    HARTFORD FIN SERS GRP INC 64,405 61,233
    HCP INCORPORATED 16,265 18,292
    ILL TOOL WORKS INC 64,582 74,061
    INTL FLAVORS & FRAGRANCES 12,935 15,155
    KIMBERLY CLARK CORP 47,614 47,302
    KLA TENCOR CORP 41,152 39,944
    KRAFT HEINZ CO 9,356 10,741
    L BRANDS INC COM 45,469 41,613
    M&T BANK CORP 29,347 29,954
    MOLSON COORS BREWING CO CL B 30,798 34,587
    NISOURCE INC 25,565 27,702
    NORFOLK SOUTHERN CORP 29,857 32,030
    NORTHERN TRUST CORP 41,339 38,822
    PEPSICO INC NC 23,871 25,452
    PNC FINL SVCS GP 83,726 85,675
    PPG INDUSTRIES INC 44,842 41,344
    PROGRESSIVE CORP OHIO 15,765 15,057
    R P M INC 18,135 19,017
    REPUBLIC SERVICES INC 45,575 49,945
    S&P GLOBAL INC COM 13,848 16,959
    SEMPRA ENERGY 16,277 17,258
    SIMON PPTY GROUP INC 54,223 55,893
    SNAP-ON INC 10,119 9,573
    STANLEY BLACK & DECKER INC 21,195 23,366
    T ROWE PRICE GROUP INC 46,433 41,562
    TEXAS INSTRUMENTS 55,894 67,022
    TIFFANY & COMPANY NEW 32,403 32,248
    TIME WARNER INC NEW 57,937 60,106
    V F CORPORATION 43,778 38,338
    VALERO ENERGY CP DELA NEW 24,230 22,260
    VALIDUS HOLDINGS LTD COM 9,369 10,263
    WESTROCK CO COM 7,142 9,454
    WYNDHAM WORLDWIDE CORP 30,567 26,999
    XCEL ENERGY INC 40,513 42,621

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    US Government Securities - End of Year Book Value:

    1,422,441
    US Government Securities - End of Year Fair Market Value:

    1,440,655
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2015 InvestmentsOtherSchedule2
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKROCK BATS: SERIES M PTF AT COST 335,375 338,721

    TY 2015 OtherExpensesSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Amortization 3,720 3,720   0


    TY 2015 OtherIncomeSchedule2
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION SETTLEMENT FUNDS 9,550 9,550 9,550


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSET MANAGEMENT FEES 56,466 56,466   0


    TY 2015 SubstantialContributorsSch
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Name Address
    POWER ELECTRIC CO 10-12 NORTH 7TH STREET
    BELLEVILLE,NJ07109


    TY 2015 TaxesSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON INVESTMENT INCOME 6,126 0   0
    STATE FILING FEE 30 0   0