Form990-PF
Click to see attachment

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
WALTER AND ELISE HAAS FUND
 
% ARGONAUT SECURITIES COMPANY
Number and street (or P.O. box number if mail is not delivered to street address)ONE LOMBARD STREET SUITE 305
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94111
A Employer identification number

94-6068564
B Telephone number (see instructions)

(415) 398-4474
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$216,563,642J 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) 0
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 879,338 879,338 0
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,537,347
b Gross sales price for all assets on line 6a 9,353,015
7 Capital gain net income (from Part IV, line 2)... 5,537,347
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 -3,113,030 545,691 0
12 Total. Add lines 1 through 11........ 3,303,655 6,962,376 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 319,164 0 0 319,164
14 Other employee salaries and wages...... 961,967 0 0 961,967
15 Pension plans, employee benefits....... 598,809 0 0 598,809
16a Legal fees (attach schedule)......... Click to see attachment 5,202 2,601 0 2,601
b Accounting fees (attach schedule)....... Click to see attachment 244,119 147,999 0 96,976
c Other professional fees (attach schedule).... Click to see attachment 957,647 957,647 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 93,341 0 0 341
19 Depreciation (attach schedule) and depletion... Click to see attachment 33,134 0 0
20 Occupancy.............. 190,142 0 0 190,142
21 Travel, conferences, and meetings....... 30,132 0 0 30,132
22 Printing and publications.......... 3,817 0 0 3,817
23 Other expenses (attach schedule)....... Click to see list of attachments 371,803 0 0 371,803
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,809,277 1,108,247 0 2,575,752
25 Contributions, gifts, grants paid....... 12,105,232 12,105,232
26 Total expenses and disbursements. Add lines 24 and 25 15,914,509 1,108,247 0 14,680,984
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -12,610,854
b Net investment income (if negative, enter -0-) 5,854,129
c Adjusted net income (if negative, enter -0-)... 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............. 1,000 1,000 1,000
2 Savings and temporary cash investments......... 5,309,890 3,478,273 3,478,273
3 Accounts receivable bullet2,238,792
Less: allowance for doubtful accounts bullet   651,580 2,238,792 2,238,792
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.......... 21,864 18,289 18,289
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 36,441,500 Click to see attachment35,697,011 35,697,011
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 186,741,771 Click to see attachment174,908,913 174,908,913
14 Land, buildings, and equipment: basis bullet539,702
Less: accumulated depreciation (attach schedule) bullet499,706 69,211 Click to see attachment39,996 39,996
15 Other assets (describe bullet) Click to see attachment29,199 Click to see attachment181,368 Click to see attachment181,368
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 229,266,015 216,563,642 216,563,642
Liabilities 17 Accounts payable and accrued expenses.......... 306,591 238,882
18 Grants payable.................. 0 0
19 Deferred revenue................. 10,775 19,502
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment264,369 Click to see attachment231,832
23 Total liabilities (add lines 17 through 22)......... 581,735 490,216
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 228,684,280 216,073,426
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 228,684,280 216,073,426
31 Total liabilities and net assets/fund balances (see instructions). 229,266,015 216,563,642
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
228,684,280
2
Enter amount from Part I, line 27a .....................
2
-12,610,854
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
216,073,426
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
216,073,426
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 ENDOWN PRIV EQ PARTNERS IV 06-1563330 P    
b ENDOWN VENTURE PARTNERS V 06-1563332 P    
c CF CAP PRIV EQ PRTNERS VI 16-1720029 P    
d CF CAP PRIV EQ PRTNERS VII 20-8306306 P    
e CF CAP PRIV EQ PRTNERS VIII 11-3814030 P    
CF CAP INTERN PARTNERS V 16-1720038 P    
CF CAP INTERN PARTNERS VI 20-8306365 P    
FARALLON CAP INST PARTNERS 94-3106323 P    
HIGHFIELDS CAPITAL IV 11-3841276 P    
LEGACY VENTURE II 94-3395329 P    
LEGACY VENTURE III 20-1863080 P    
LEGACY VENTURE IV 20-4468805 P    
LEGACY VENTURE V (QP) 26-3913174 P    
LEGACY VENTURE VI (QP) 45-1140886 P    
LONE STAR FUND IV 75-2935380 P    
LONE STAR FUND V 20-1495165 P    
LONE STAR FUND VI 74-3242428 P    
LONE STAR FUND VII 30-0567940 P    
LONE STAR US INVESTMENTS 26-3427486 P    
LONE STAR REAL ESTATE FUND 74-3242429 P    
LONE STAR REAL ESTATE II FUND 30-0567961 P    
LONE STAR EUROPE HOLDINGS 68-0676944 P    
MREP GLOBAL II 26-2214434 P    
OZ OVERSEAS FUND (FOREIGN) P    
PARK ST CAP NR FUND II 20-1195774 P    
PARK ST CAP NR FUND III 20-5033090 P    
PARK STREET CAPITAL II AIV 20-1936702 P    
PARK STREET CAPITAL II AIV II 20-8068512 P    
PARK STREET CAPITAL NRF III INV CORP 26-0438715 P    
PARK STREET CAPITAL V 45-3001979 P    
THE TIFF KEYSTONE FUND 76-0847743 P    
NT-MUTUAL FUNDS 26-27635 (PDF STMT D-1) P    
TIFF MULTI-ASSET FUND CAP. GAIN DISTRIBUTION 54-1743469 P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a       14,216
b       -12,607
c       201,036
d       289,268
e       324,325
      92,128
      471,719
      -1,428,601
      2,214
      148,852
      433,615
      528,722
      621,478
      107,889
      27,272
      -491,653
      -128,112
      -70,638
      -27,468
      -19,502
      -8,581
      -5,029
      80,696
      -54,531
      306,703
      269,848
      38,208
      -38,782
      -12,158
      71,389
      2,884,903
9,353,015   8,714,098 638,917
      281,611
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        
b        
c        
d        
e        
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
      638,917
       
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 5,537,347
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 14,312,507 227,456,117 0.062924
2013 13,956,545 210,838,761 0.066195
2012 13,589,023 201,637,894 0.067393
2011 15,068,482 217,252,086 0.069359
2010 14,263,382 218,942,069 0.065147
2
Total of line 1, column (d) .....................
20.331018
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
0.066204
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
221,515,586
5
Multiply line 4 by line 3......................
5
14,665,218
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
58,541
7
Add lines 5 and 6........................
7
14,723,759
8
Enter qualifying distributions from Part XII, line 4.............
8
14,680,984
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 1 117,083
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........................... 3 117,083
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- ..... 5 117,083
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 279,114
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.............. 7 279,114
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 10 162,031
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet162,031 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? Click to see list of attachments....................
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 changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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.Click to see list of attachments
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 addressbulletwww.haassr.org
    14
    The books are in care ofbulletARGONAUT SECURITIES COMPANY Telephone no.bullet (415) 501-4885

    Located atbullet1155 BATTERY ST LS7WSAN FRANCISCOCA ZIP+4bullet94111
    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
     
     
    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
    PETER E HAAS JR TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    WALTER J HAAS TRUSTEE/PRESIDENT
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    ELIZABETH H EISENHARDT TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    JOHN D GOLDMAN TRUSTEE
    5.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    PAMELA H DAVID EXECUTIVE DIR/SECRY/TREASURER
    40.0     		319,164 102,520 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    JENNIFER C HAAS TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    WILLIAM S GOLDMAN TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    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
    AMANDA FEINSTEIN PROGRAM OFFICER
    40.0     		123,611 37,654 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    FRANCES PHILLIPS PROGRAM OFFICER
    40.0     		163,266 51,630 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    STEPHANIE RAPP PROGRAM OFFICER
    40.0     		143,422 62,353 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    SUSAN KAGEHIRO PROGRAM OFFICER
    40.0     		135,084 33,804 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    SARAH O'KANE ADMINSTRATOR
    40.0     		105,906 35,428 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    Total number of other employees paid over $50,000...................bullet 4
    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
    ARGONAUT SECURITIES COMPANY ACCOUNTING SERVICES 205,932
    1155 BATTERY STREET LS7W
    SAN FRANCISCO,CA94111
    THE TIFF KEYSTONE FUND LP INVESTMENT ADVISOR 735,854
    170 N RADNOR CHESTER ROADSUITE 30
    RADNOR,PA19087
    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 HOSTING MEETINGS OF NONPROFIT LEADERS AND GRANTMAKERS; SERVICE OF FOUNDATION STAFF ON NONPROFIT BOARDS AND ADVISORY COUNCILS; TECHNICAL ASSISTANCE TO ENCOURAGE PHILANTHROPY. 562
    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 NONE  
    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
    39,932,017
    b
    Average of monthly cash balances.......................
    1b
    4,131,561
    c
    Fair market value of all other assets (see instructions)................
    1c
    180,825,342
    d
    Total (add lines 1a, b, and c).........................
    1d
    224,888,920
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    224,888,920
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,373,334
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    221,515,586
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    11,075,779
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    11,075,779
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    117,083
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    117,083
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    10,958,696
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    10,958,696
    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
    10,958,696
    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
    14,680,984
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    14,680,984
    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
    14,680,984
    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 10,958,696
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:2013, 2012, 2011 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 6,315,116
    b From 2011...... 6,607,154
    c From 2012...... 9,816,886
    d From 2013...... 18,133,484
    e From 2014...... 13,871,279
    fTotal of lines 3a through e........ 54,743,919
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 14,680,984
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		Click to see attachment3,722,288
    d Applied to 2015 distributable amount..... 10,958,696
    e Remaining amount distributed out of corpus 0
    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 58,466,207
    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......     		 
    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) .......     		 
    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 ......     		58,466,207
    10 Analysis of line 9:
    a Excess from 2011.... 6,607,154
    b Excess from 2012.... 9,816,886
    c Excess from 2013.... 18,133,484
    d Excess from 2014.... 13,871,279
    e Excess from 2015.... 10,037,404
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PAMELA H DAVID
    ONE LOMBARD STREET SUITE 305
    SAN FRANCISCO,CA94111
    (415) 398-4474
    bThe form in which applications should be submitted and information and materials they should include:
    PDF SAMPLE FORM
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PDF SAMPLE FORM
    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
    GRANTS PAID DURING YEAR
    PDF GRANTS PAID DURING YEAR
    ONE LOMBARD STREET SUITE 305
    SAN FRANCISCO,CA94111     		    SEE ATTACHED OTHER GRANTMAKING INTERESTS 12,105,232
    Total .................................bullet 3a 12,105,232
    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 ...........     		         
    4 Dividends and interest from securities....     14 879,338  
    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.....     14 545,691  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 5,537,347  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aUNREALIZED APPRECIATION (DEPRECIATION)     		    18 -3,610,529  
    bUNRELATED BUSINESS TAXBLE INCOME FROM INVESTMENTS 525990 -48,192      
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -48,192 3,351,847  
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,303,655
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ARGONAUT SECURITIES COMPANY 205,076 128,499 0 77,433
    OUTSIDE ACCOUNTING SERVICES 39,000 19,500 0 19,500
    ARGONAUT PROCESSING FEES 43 0 0 43

    TY 2015 AllOthProgRltdInvestmentsSch
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount
    NONE  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 AmortizationSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    PLAN COSTS 00 2000-01-01 744 744 10.0       744
    PLAN COSTS II 00 2000-01-01 1,451 1,451 10.0       1,451
    PLAN COSTS 00 2000-01-01 1,128 1,128 10.0       1,128
    KITCHEN 02 2002-11-06 3,704 3,704 10.0       3,704
    CABINETS 02 2002-02-14 2,338 2,338 10.0       2,338
    MISC RENOV 01 2001-09-01 2,186 2,186 10.0       2,186
    OP CONTRACT 01 2001-09-01 10,766 10,766 10.0       10,766
    HENDLER DESIGN 01 2001-09-01 4,079 4,079 10.0       4,079
    HATHAWAY DINWDD 01 2001-09-01 12,941 12,941 10.0       12,941
    GLUMAC INTERN 01 2001-09-01 1,420 1,420 10.0       1,420
    CISCO BUILDING 01 2001-09-01 16 16 10.0       16
    CASTELERO DESGN 01 2001-09-01 1,390 1,390 10.0       1,390
    LEASEHOLD IMPROV06 2006-12-31 274,483 221,871 10.0 27,448     249,319
    LEASEHOLD IMPROV07 2007-01-19 11,049 9,721 9.0 1,228     10,949
    LEASEHOLD IMPROV07 2007-02-15 526 460 9.0 58     518

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    TY 2015 DepreciationSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BOOKCASES 97 1997-01-10 496 496 SL 7        
    COMPUTER DESK 97 1997-02-04 332 332 SL 7        
    OFFICE CHAIRS 97 1997-02-10 909 909 SL 7        
    FILE CABINET 97 1997-02-11 253 253 SL 7        
    GUEST CHAIRS 97 1997-02-25 775 775 SL 7        
    DESK & TABLES 97 1997-03-24 4,510 4,510 SL 7        
    TASK CHAIR 98 1998-11-16 380 370 SL 7        
    FILE CABINET 99 1999-03-12 456 456 SL 7        
    OFFICE FURNTR 01 2001-07-13 1,023 1,023 SL 7        
    FILING CABINET 01 2001-07-13 3,480 3,480 SL 7        
    BASE CHAIR 01 2001-08-27 731 731 SL 7        
    TASK CHAIR 01 2001-08-27 1,030 1,030 SL 7        
    WORKSURFACE 01 2001-08-27 596 596 SL 7        
    UNDERSRFC PED 01 2001-08-27 937 937 SL 7        
    WORKSURFACE TOP 01 2001-08-27 885 885 SL 7        
    COMPUTER FURNTR 01 2001-08-27 376 376 SL 7        
    FILE CABINET 01 2001-09-17 643 643 SL 7        
    BOOKSHELVE 01 2001-09-19 212 212 SL 7        
    SERVER HARDWARE 02 2002-02-14 8,660 8,660 SL 5        
    SCREENS COPY 02 2002-07-02 367 367 SL 5        
    PRINTER STAND 02 2002-07-02 895 895 SL 7        
    OFFICE FURN 02 2002-09-16 7,228 7,228 SL 7        
    AERON CHAIR 02 2002-10-17 884 884 SL 7        
    CABLING 02 2002-05-30 685 685 SL 7        
    TABLE LAMP 03 2003-02-25 415 415 SL 7        
    DESK LAMP SVC 03 2003-02-27 150 150 SL 7        
    TASK CHAIR 03 2003-10-27 354 354 SL 7        
    KEYBRDTRAY&MOUSE04 2004-02-26 1,126 1,126 SL 5        
    TABLE 04 2004-02-18 278 278 SL 7        
    FILE CABINET 04 2004-12-14 1,316 1,316 SL 7        
    POWER SUPPLY 05 2005-06-16 779 779 SL 5        
    BIOCOMFRT CHAIR 05 2005-08-18 512 512 SL 7        
    VIDEO CONFER 06 2006-12-31 31,763 31,763 M5 5        
    FURNISHINGS 06 2006-12-31 87,356 87,355 M7 7        
    TELEPHONE SYSTM 06 2006-12-31 15,899 15,899 M5 5        
    KITCHEN EQUIP 06 2006-12-31 1,275 1,275 M5 5        
    WIRELESS BACKUP 06 2006-04-30 2,820 2,820 M5 5        
    10 LCD MONITORS 06 2006-07-14 3,723 3,723 M5 5        
    ART PRINTS 06 2006-10-13 791 791 M7 7        
    CANNON FAX 06 2006-10-23 1,372 1,370 M5 5        
    ACE3-ISDN NTI 06 2006-08-30 412 411 M5 5        
    3 SERVER HD 07 2007-02-08 607 607 M5 5        
    WHITEBOARD 07 2007-10-23 1,949 1,846 M7 7        
    BOARD RM DECOR 07 2007-07-06 2,744 2,695 M7 7        
    SCONCE LIGHTS 07 2007-01-25 165 165 M7 7        
    BOARD RM SIGN 07 2007-07-02 1,774 1,744 M7 7        
    RECEPT SIGN 07 2007-05-21 188 188 M7 7        
    FILE&BOOKCASE 07 2007-03-19 1,001 1,001 M7 7        
    GLASS REC TABLE 07 2007-05-15 219 219 M7 7        
    BLACKBERRYSERVER07 2007-06-13 1,524 1,524 M5 5        
    TERMINAL SERVER 08 2008-06-23 4,721 4,720 M5 5        
    AF BOOKSHELF 08 2008-07-09 168 156 M7 7 12      
    AGC BOOKCASE 08 2008-12-17 200 188 M7 7 12      
    PRINTER 09 2009-01-20 1,085 1,085 M5 5        
    755 COMPUTER 09 2009-02-23 966 966 M5 5        
    360 COMPUTER 09 2009-08-13 825 825 M5 5        
    TER.SER.09SOFTWARE 2009-10-14 2,060 1,923 M3 3        
    KEYBRDTRAY&MOUSE09 2009-06-05 243 243 M5 5        
    NEW SERVER 10 2010-01-07 8,788 7,911 M5 5        
    XILOCORE RECSYS10 2010-02-02 3,993 3,595 M5 5        
    SERVER UPGRADE 10 2010-02-16 648 648 M3 3        
    ERGO CHAIR&MOUSE10 2010-02-22 720 463 M7 7 103      
    O-PLEX380COMP10-PM 2010-05-04 765 689 M5 5        
    O-PLEX380COMP10-AF 2010-08-13 824 742 M5 5        
    VIEWSONIC MONI-R10 2010-09-02 226 203 M5 5 23      
    O-PLEX380COMP10-TN 2010-09-20 765 689 M5 5        
    3DELL W/STATION 11 2011-01-06 3,078 2,156 M5 5 616      
    POWEREDGE 11 2011-04-05 10,234 7,164 M5 5        
    DESK TABLE 11 2011-06-13 514 256 M7 7 73      
    TYPEWRITER TBL11 2011-06-15 139 70 M7 7 20      
    COMPUTERS 12 2012-02-15 2,797 1,398 M5 5 559      
    HPLASERJETP3015 13 2013-01-14 1,016 305 M5 5 203      
    OPTIPLEX1N2YSW1 13 2013-03-08 1,284 385 M5 5 257      
    OPTIPLEX1N2ZSW1 13 2013-03-08 1,284 385 M5 5 257      
    TOSHIBA IPEDGE 13 2013-09-23 4,069 1,221 M5 5 814      
    OPTIPLEX1N3XSW1 13 2013-03-08 1,285 386 M5 5 257      
    OPTIPLEX1N3YSW1 13 2013-03-08 1,285 386 M5 5 257      
    PHONE UPGRADE 14 2014-06-10 223 37 M3 3 74      
    6 OPTIPLEX 9020 15 2015-01-06 7,683   M5 5 768      
    HP LASERJETM506 15 2015-11-17 954   M5 5 95      

    TY 2015 DistributionFromCorpusElection
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Election:
    ELECTION ------------------------------------------------------------------- PURSUANT TO INCOME TAX REGULATION SECTION 53.4942(A)-3(D)(2), THE FOUNDATION ELECTS TO TREAT QUALIFYING DISTRIBUTIONS FOR 2015 OF $3,722,288 AS DISTRIBUTIONS OUT OF CORPUS. __________________________________________ PAMELA H. DAVID SIGNATURE OF EXECUTIVE DIRECTOR

    TY 2015 GeneralExplanationAttachment
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Identifier Return Reference Explanation
    DISTRIBUTIONS OUT OF CORPUS FORM 990-PF, PART XIII, LINE 4c, COL (a) 53.4942(a)-3(d)(2) ELECTION ------------------------------------------------------------------- PURSUANT TO INCOME TAX REGULATION SECTION 53.4942(a)-3(d)(2), THE FOUNDATION ELECTS TO TREAT QUALIFYING DISTRIBUTIONS FOR 2015 OF $3,722,288 AS DISTRIBUTIONS OUT OF CORPUS. __________________________________________ PAMELA H. DAVID SIGNATURE OF EXECUTIVE DIRECTOR

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Name of Stock End of Year Book Value End of Year Fair Market Value
    NORTHERN TRUST COMPANY-HAASSR 26,406,096 26,406,096
    (PDF NORTHERN TRUST)    
    TIFF MULTI-ASSET FUND 9,290,915 9,290,915
    (PDF TIFF MULTI-ASSET)    

    TY 2015 InvestmentsOtherSchedule2
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ENDOWN PRIV EQ IV 06-1563330 FMV 148,697 148,697
    ENDOWN PRIV EQ V 06-1563332 FMV 232,302 232,302
    CF CAP PRIV EQ VI 16-1720029 FMV 992,996 992,996
    CF CAP PRIV EQ VII 20-8306306 FMV 2,567,404 2,567,404
    CF CAP PRIV EQ VIII 11-3814030 FMV 3,160,708 3,160,708
    CF CAP INTERN V 16-1720038 FMV 461,448 461,448
    CF CAP INTERN VI 20-8306365 FMV 1,782,099 1,782,099
    FARALLON CAP INST 94-3106323 FMV 2,912,577 2,912,577
    HIGHFIELDS CAP IV 11-3841276 FMV 99,141 99,141
    LEGACY VENTURE II 94-3395329 FMV 1,456,135 1,456,135
    LEGACY VENTURE III 20-1863080 FMV 1,552,442 1,552,442
    LEGACY VENTURE IV 20-4468805 FMV 3,383,337 3,383,337
    LONE STAR FUND IV 75-2935380 FMV 28,329 28,329
    LONE STAR FUND V 20-1495165 FMV 1,066,004 1,066,004
    OZ OVERSEAS FUND LTD (FOREIGN) FMV 109,995 109,995
    PARK ST CAP NRF II 20-11955774 FMV 2,471,262 2,471,262
    PARK ST CAP NRF III 20-5033090 FMV 1,959,093 1,959,093
    PARK ST CAP NRF II AIV FMV 34,810 34,810
    20-1936702 FMV    
    PARK ST CAP NRF II AIV II FMV 63,558 63,558
    20-8068512 FMV    
    LEGACY VENTUREVI(QP)45-1140886 FMV 3,087,497 3,087,497
    LEGACY VENTURE V(QP)26-3913174 FMV 4,302,885 4,302,885
    LONE STAR FUND VI 74-3242428 FMV 571,723 571,723
    LONE STAR REAL ESTATE FUND FMV 201,309 201,309
    74-3242429 FMV    
    LONE STAR EUROPE HOLDING (US) FMV 270,139 270,139
    68-0676944 FMV    
    LONE STAR US INVESTMENT FMV 439,105 439,105
    26-3427486 FMV    
    MREP GLOBAL II 26-2214434 FMV 457,608 457,608
    PARK STREET CAPITAL NR FUND V FMV 1,744,014 1,744,014
    45-3001979 FMV    
    PARK STREET CAP NRF III INV FMV 67,028 67,028
    CORP 26-0438715 FMV    
    LONE STAR RE II FD 30-0567961 FMV 301,236 301,236
    KNIGHTHEAD OFFSHOREFD(FOREIGN) FMV 0 0
    LONE STAR FUND VII 30-0567940 FMV 193,386 193,386
    TIFF KEYSTONE FUND 76-0847743 FMV 138,790,646 138,790,646

    TY 2015 LandEtcSchedule2
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BOOKCASES 97 496 496    
    COMPUTER DESK 97 332 332    
    OFFICE CHAIRS 97 909 909    
    FILE CABINET 97 253 253    
    GUEST CHAIRS 97 775 775    
    DESK & TABLES 97 4,510 4,510    
    TASK CHAIR 98 380 370 10  
    FILE CABINET 99 456 456    
    OFFICE FURNTR 01 1,023 1,023    
    FILING CABINET 01 3,480 3,480    
    BASE CHAIR 01 731 731    
    TASK CHAIR 01 1,030 1,030    
    WORKSURFACE 01 596 596    
    UNDERSRFC PED 01 937 937    
    WORKSURFACE TOP 01 885 885    
    COMPUTER FURNTR 01 376 376    
    FILE CABINET 01 643 643    
    BOOKSHELVE 01 212 212    
    PLAN COSTS 00 744 744    
    PLAN COSTS II 00 1,451 1,451    
    PLAN COSTS 00 1,128 1,128    
    SERVER HARDWARE 02        
    SCREENS COPY 02 367 367    
    PRINTER STAND 02 895 895    
    OFFICE FURN 02 7,228 7,228    
    AERON CHAIR 02 884 884    
    KITCHEN 02 3,704 3,704    
    CABINETS 02 2,338 2,338    
    CABLING 02 685 685    
    TABLE LAMP 03 415 415    
    DESK LAMP SVC 03 150 150    
    TASK CHAIR 03 354 354    
    KEYBRDTRAY&MOUSE04 1,126 1,126    
    TABLE 04 278 278    
    FILE CABINET 04 1,316 1,316    
    POWER SUPPLY 05        
    BIOCOMFRT CHAIR 05 512 512    
    MISC RENOV 01 2,186 2,186    
    OP CONTRACT 01 10,766 10,766    
    HENDLER DESIGN 01 4,079 4,079    
    HATHAWAY DINWDD 01 12,941 12,941    
    GLUMAC INTERN 01 1,420 1,420    
    CISCO BUILDING 01 16 16    
    CASTELERO DESGN 01 1,390 1,390    
    VIDEO CONFER 06 31,763 31,763    
    FURNISHINGS 06 87,356 87,355 1  
    TELEPHONE SYSTM 06 15,899 15,899    
    KITCHEN EQUIP 06 1,275 1,275    
    WIRELESS BACKUP 06 2,820 2,820    
    10 LCD MONITORS 06 3,723 3,723    
    ART PRINTS 06 791 791    
    CANNON FAX 06        
    ACE3-ISDN NTI 06 412 411 1  
    LEASEHOLD IMPROV06 274,483 249,319 25,164  
    3 SERVER HD 07        
    WHITEBOARD 07 1,949 1,846 103  
    LEASEHOLD IMPROV07 11,049 10,949 100  
    LEASEHOLD IMPROV07 526 518 8  
    BOARD RM DECOR 07 2,744 2,695 49  
    SCONCE LIGHTS 07 165 165    
    BOARD RM SIGN 07 1,774 1,744 30  
    RECEPT SIGN 07 188 188    
    FILE&BOOKCASE 07 1,001 1,001    
    GLASS REC TABLE 07 219 219    
    BLACKBERRYSERVER07        
    TERMINAL SERVER 08        
    AF BOOKSHELF 08 168 168    
    AGC BOOKCASE 08 200 200    
    PRINTER 09        
    755 COMPUTER 09        
    360 COMPUTER 09        
    TER.SER.09SOFTWARE        
    KEYBRDTRAY&MOUSE09 243 243    
    NEW SERVER 10        
    XILOCORE RECSYS10        
    SERVER UPGRADE 10        
    ERGO CHAIR&MOUSE10 720 566 154  
    O-PLEX380COMP10-PM        
    O-PLEX380COMP10-AF        
    VIEWSONIC MONI-R10 226 226    
    O-PLEX380COMP10-TN        
    3DELL W/STATION 11 3,078 2,772 306  
    POWEREDGE 11        
    DESK TABLE 11 514 329 185  
    TYPEWRITER TBL11 139 90 49  
    COMPUTERS 12 2,797 1,957 840  
    HPLASERJETP3015 13 1,016 508 508  
    OPTIPLEX1N2YSW1 13 1,284 642 642  
    OPTIPLEX1N2ZSW1 13 1,284 642 642  
    TOSHIBA IPEDGE 13 4,069 2,035 2,034  
    OPTIPLEX1N3XSW1 13 1,285 643 642  
    OPTIPLEX1N3YSW1 13 1,285 643 642  
    PHONE UPGRADE 14 223 111 112  
    6 OPTIPLEX 9020 15 7,683 768 6,915  
    HP LASERJETM506 15 954 95 859  


    TY 2015 LegalFeesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 5,202 2,601 0 2,601


    TY 2015 OtherAssetsSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 25,424 25,315 25,315
    2014 PERMIUM REIMBURSMENTS 3,309 0 0
    FEDERAL EXCISE TAX OVERPAYMENT 0 155,000 155,000
    PREPAID EXP.-POSTAGE 466 1,053 1,053


    TY 2015 OtherExpensesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMPUTER TECHNICAL SUPPORT 149,901 0 0 149,901
    PROGRAM CONSULTANTS FEE 56,481 0 0 56,481
    DIRECT CHARITABLE RELATED EXP 562 0 0 562
    INSURANCE 22,937 0 0 22,937
    MAINTENANCE & REPAIRS 3,870 0 0 3,870
    MISCELLANEOUS 2,738 0 0 2,738
    OFFICE EXHIBITION/INSTALLATION 13,123 0 0 13,123
    PAYROLL SERVICES 3,756 0 0 3,756
    PHONE, VIDEO CONFERENCE & FAX 17,521 0 0 17,521
    POSTAGE, FREIGHT & MESSANGER 929 0 0 929
    PROFESSIONAL DEVELOPMENT 8,242 0 0 8,242
    RENT-DATALOK 930 0 0 930
    SUPPLIES 3,758 0 0 3,758
    TEMPORARY EMPLOYEE EXPENSES 0 0 0 0
    SHARED EXPENSES 51,335 0 0 51,335
    CREATIVE WORK FUND EXPENSES 35,720 0 0 35,720


    TY 2015 OtherIncomeSchedule2
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME FROM PARTNERSHIPS-      
    ENDOWN PRIV EQ PARTNERS IV 06-1563330 358 358 0
    ENDOWN VENTURE PARTNERS V 06-1563332 -736 -736 0
    CF CAP PRIV EQ PRTNRS VI 16-1720029 -3,614 -3,614 0
    CF CAP PRIV EQ PRTNRS VII 20-8306306 5,892 5,892 0
    CF CAP PRIV EQ PRTNRS VIII 11-3814030 -35,177 -35,177 0
    CF CAP INTERN PARTNERS V 16-1720038 2,738 2,738 0
    CF CAP INTERN PARTNERS VI 20-8306365 8,298 8,298 0
    FARRALLON CAP INST PARTNERS 94-3106323 152,029 152,029 0
    LEGACY VENTURE II 94-3395329 -4,041 -4,041 0
    LEGACY VENTURE III 20-1863080 -14,518 -14,518 0
    LEGACY VENTURE IV 20-4468805 -38,395 -38,395 0
    LONE STAR FUND IV 75-2935380 -31,532 -31,532 0
    LONE STAR FUND V 20-1495165 396,454 396,454 0
    PARK ST CAP NR FUND II 20-1195774 -314,944 -314,944 0
    PARK ST CAP NRF II AIV 20-1936702 -14,067 -14,067 0
    PARK ST CAP NRF II AIV II 20-8068512 -51,248 -51,248 0
    PARK ST CAP NRF III 20-5033090 -262,898 -262,898 0
    LEGACY VENTURE VI(QP) 45-1140886 -52,009 -52,009 0
    HIGHFIELDS CAPITAL IV 11-3841276 12,169 12,169 0
    LEGACY VENTURE V (QP) 26-3913174 -75,412 -75,412 0
    LONE STAR US INVESTMENT 26-3427486 -2,333 -2,333 0
    LONE STAR FUND VI 74-3242428 12,798 12,798 0
    LONE STAR REAL ESTATE FUND 74-3242429 102,611 102,611 0
    LONE STAR EUROPE HOLDINGS(US)68-0676944 66,962 66,962 0
    MREP GLOBAL II 26-2214434 -8,778 -8,778 0
    OZ OVERSEAS FUND (FOREIGN) 3,861 3,861 0
    LONE STAR FUND VII 30-0567940 49,836 49,836 0
    PARK STREET CAPITAL V 45-3001979 -16,415 -16,415 0
    LONE STAR RE II FUND 30-0567961 158,954 158,954 0
    PARK STREET CAP NRF III INVCO26-0438715 -1,581 -1,581 0
    TIFF KEYSTONE FUND 76-0847743 456,580 456,580 0
    OTHER GAINS (LOSS) -4,683 -4,683 0
    CHANGES IN UNREALZED APPRECIATION -3,610,529 0 0
    OTHER INCOME 340 340 0
    LESS:INVESTMENT PARTNERSHIP NET UBTI 0 48,192 0


    TY 2015 OtherLiabilitiesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 256,000 224,000
    SECURITY DEPOSIT-SHARED FACILI 8,369 7,832


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVEST MGMT & CUST FEES-        
    NORTHERN TRUST COMPANY 14,779 14,779 0 0
    LEGACY VEN-REVI(QP)45-1140886 21,162 21,162 0 0
    PARK STREET CAPITAL NRF III 926 926 0 0
    INVEST CORP 26-0438715        
    ENDOWN PRIV EQ IV 06-1563330 599 599 0 0
    ENDOWN VENTURE V 06-1563332 893 893 0 0
    CF CAP PRIV EQ VI 16-1720029 6,581 6,581 0 0
    CF CAP PRIV EQ VII 20-8306306 14,083 14,083 0 0
    CF CAP PRIV EQ VIII11-3814030 12,832 12,832 0 0
    CF CAP INTERN V 16-1720038 3,333 3,333 0 0
    CF CAP INTERN VI 20-8306365 14,042 14,042 0 0
    FARALLON CAP INST 94-3106323 32,610 32,610 0 0
    LEGACY VENTURE III 20-1863080 6,000 6,000 0 0
    LEGACY VENTURE IV 20-4468805 21,000 21,000 0 0
    HIGHFIELDS CAP. IV 11-3841276 209 209 0 0
    LONE STAR FUND V 20-1495165 5,817 5,817 0 0
    PARK ST CAP NRF II 20-119577 2,498 2,498 0 0
    PARK STREET CAPITALV453001979 16,465 16,465 0 0
    LEGACY VENTURE V(QP)XXX-XX-XXXX 30,000 30,000 0 0
    TIFF KEYSTONE FUND 76-0847743 735,854 735,854 0 0
    LONE STAR EUROPE HOLDING (US) 48 48 0 0
    68-0676944        
    LONE STAR FUND VI 74-3242428 495 495 0 0
    LONE STAR REAL ESTATE FUND 1,658 1,658 0 0
    74-3242429        
    OZ OVERSEAS FUND (FOREIGN) 105 105 0 0
    LONE STAR FUND VII 30-0567940 136 136 0 0
    LONE STAR RE II FD 30-0567961 942 942 0 0
    PARK STREET CAP III XXX-XX-XXXX 14,074 14,074 0 0
    PARK ST CAP IIAIV 20-1936702 343 343 0 0
    PARK ST CAP II AIVII20-806851 163 163 0 0
    INVESTMENT RELATED FEES-        
    BANK SERVICE CHARGES 0 0 0 0


    TY 2015 TaxesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE (NET DEFERRED) 93,000 0 0 0
    FEDERAL DEFERRED TAX (BENEFIT) 0 0 0 0
    MISC TAXES AND FILING FEES 341 0 0 341