Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
SUSAN R AND JOHN W SULLIVAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)851 SE MONTEREY COMMONS BLVD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
STUART, FL34996
A Employer identification number

22-2612047
B Telephone number (see instructions)

(772) 283-3838
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$6,222,420J 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) 200,000
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 195,505 195,505  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -117,045
b Gross sales price for all assets on line 6a 1,275,566
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 10,201 10,201  
12 Total. Add lines 1 through 11........ 288,661 205,706  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 18,000 9,000   9,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 223 112   111
b Accounting fees (attach schedule)....... Click to see attachment 4,706 2,353   2,353
c Other professional fees (attach schedule).... Click to see attachment 104,142 53,142   51,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,584 1,759   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 40,528 39,691   500
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 184,183 106,057   62,964
25 Contributions, gifts, grants paid....... 379,350 379,350
26 Total expenses and disbursements. Add lines 24 and 25 563,533 106,057   442,314
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -274,872
b Net investment income (if negative, enter -0-) 99,649
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............. 37,887 226,063 226,063
2 Savings and temporary cash investments......... 146,840 347,803 347,803
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   340,952 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 195,637 Click to see attachment188,712 189,633
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 301,546 Click to see attachment295,180 293,140
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,602,100 Click to see attachment5,292,332 5,165,781
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) 6,624,962 6,350,090 6,222,420
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........ 6,624,962 6,350,090
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 6,624,962 6,350,090
31 Total liabilities and net assets/fund balances (see instructions). 6,624,962 6,350,090
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
6,624,962
2
Enter amount from Part I, line 27a .....................
2
-274,872
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,350,090
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
6,350,090
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 40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-04-25
b 10000 SHS NATIONAL RURAL UTIL P 2014-11-12 2015-05-15
c 40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-05-25
d 10000 SHS US BANCORP P 2014-10-21 2015-05-29
e 33000 SHS US TREAS NOTES- 08/15/2021 P 2014-10-02 2015-06-03
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-06-25
9000 SHS HONEYWELL INTL P 2014-11-18 2015-07-09
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-07-25
10000 SHS GOLDMAN SACHS GRP P 2014-10-03 2015-08-03
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-08-25
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-09-25
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-10-25
409.5 SHS DIAMOND HILL LONG SHORT FD P 2014-12-22 2015-11-23
54.993 SHS LOOMIS SAYLES INVT TR P 2014-11-25 2015-11-23
439.42 SHS LOOMIS SAYLES INVT TR P 2014-12-17 2015-11-23
112.379 SHS LOOMIS SAYLES INVT TR P 2014-12-17 2015-11-23
0.988 SHS LOOMIS SAYLES INVT TR P 2015-12-17 2015-11-23
54.263 SHS LOOMIS SAYLES INVT TR P 2015-01-29 2015-11-23
51.2116 SHS LOOMIS SAYLES INVT TR P 2015-02-26 2015-11-23
28.771 SHS LOOMIS SAYLES INVT TR P 2015-03-26 2015-11-23
33.939 SHS LOOMIS SAYLES INVT TR P 2015-04-24 2015-11-23
36.832 SHS LOOMIS SAYLES INVT TR P 2015-05-26 2015-11-23
34.252 SHS LOOMIS SAYLES INVT TR P 2015-06-24 2015-11-23
36.739 SHS LOOMIS SAYLES INVT TR P 2015-07-27 2015-11-23
40.239 SHS LOOMIS SAYLES INVT TR P 2015-08-25 2015-11-23
24.12 SHS LOOMIS SAYLES INVT TR P 2015-09-25 2015-11-23
26.386 SHS LOOMIS SAYLES INVT TR P 2015-10-27 2015-11-23
108.65 SHS PRINCIPAL FDS DIV REAL ASSET P 2014-12-18 2015-11-23
108.162 SHS PRINCIPAL FDS DIV REAL ASSET P 2014-12-18 2015-11-23
181.092 SHS PRINCIPAL FDS DIV REAL ASSET P 2014-12-30 2015-11-23
49.559 SHS OPPENHEIMER DEV MARKETS P 2014-12-08 2015-11-23
18.539 SHS OPPENHEIMER DEV MARKETS P 2014-12-08 2015-11-23
154.135 SHS THORNBURG INVT TR P 2014-12-08 2015-11-23
99.492 SHS THORNBURG INVT TR P 2014-12-08 2015-11-23
118.986 SHS THORNBURG INVT TR P 2015-06-25 2015-11-23
136.455 SHS THORNBURG INVT TR P 2015-09-25 2015-11-23
7062.147 SHS VANGUARD FIXED INCOME P 2014-12-17 2015-11-23
15257.47 SHS LOOMIS SAYLES INVT TR P 2014-08-07 2015-11-23
630.517 SHS LOOMIS SAYLES INVT TR P 2014-08-20 2015-11-23
49.481 SHS LOOMIS SAYLES INVT TR P 2014-08-26 2015-11-23
46.089 SHS LOOMIS SAYLES INVT TR P 2014-09-25 2015-11-23
50.11 SHS LOOMIS SAYLES INVT TR P 2014-10-27 2015-11-23
18735.363 SHS PRINCIPAL FDS DIV REAL ASSET P 2014-08-07 2015-11-23
766.284 SHS PRINCIPAL FDS DIV REAL ASSET P 2014-08-20 2015-11-23
30.939 SHS OPPENHEIMER DEV MARKETS P 2013-12-09 2015-11-23
28.225 SHS OPPENHEIMER DEV MARKETS P 2013-12-09 2015-11-23
2875.216 SHS OPPENHEIMER DEV MARKETS P 2013-07-18 2015-11-23
25.791 SHS OPPENHEIMER DEV MARKETS P 2012-12-10 2015-11-23
62.379 SHS OPPENHEIMER DEV MARKETS P 2011-12-12 2015-11-23
1187.805 SHS T. ROWE PRICE BLUE CHIP P 2014-08-12 2015-11-23
11152.416 SHS THORNBURG INVT TR P 2014-08-07 2015-11-23
453.104 SHS THORNBURG INVT TR P 2014-08-20 2015-11-23
74.453 SHS THORNBURG INVT TR P 2014-09-25 2015-11-23
893.389 SHS FPA FDS TR P 2014-10-02 2015-11-23
1246.166 SHS VANGUARD INDEX FDS P 2014-08-20 2015-11-23
687.443 SHS VANGUARD EQUITY INCOME P 2014-08-12 2015-11-23
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-11-25
20000 SHS US TREAS NOTES-02/15/2020 P 2014-10-02 2015-12-17
7000 SHS US TREAS NOTES-10/31/2016 P 2014-10-02 2015-12-17
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-12-25
1000 SHS US TREAS NOTES-2/15/20 P 2014-10-02 2015-01-02
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-01-25
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-02-25
40000 SHS FNMA PASS THRU POOL P 2014-10-28 2015-03-25
APACHE PARTNERS, LLC - SCH K-1 P 2015-01-01 2015-12-31
WH ASIS INVESTORS, LLC SCH K-1 P 2015-01-01 2015-12-31
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 496   496 0
b 10,204   10,192 12
c 314   314 0
d 10,157   10,169 -12
e 33,227   33,071 156
453   453 0
9,656   9,637 19
431   431 0
10,000   10,000 0
303   303 0
203   203 0
652   652 0
10,000   9,988 12
757   855 -98
6,051   6,442 -391
1,547   1,647 -100
14   14 0
747   797 -50
705   758 -53
396   420 -24
467   500 -33
507   540 -33
472   495 -23
506   517 -11
554   555 -1
332   331 1
363   370 -7
1,170   1,303 -133
1,165   1,297 -132
1,950   2,197 -247
1,563   1,806 -243
585   676 -91
3,061   3,266 -205
1,976   2,151 -175
2,363   2,607 -244
2,710   2,632 78
75,000   75,212 -212
210,095   240,000 -29,905
8,682   10,000 -1,318
681   783 -102
635   720 -85
690   775 -85
201,780   240,000 -38,220
8,253   10,000 -1,747
976   1,147 -171
890   1,046 -156
90,684   100,000 -9,316
813   872 -59
1,967   1,850 117
90,000   79,037 10,963
221,487   240,000 -18,513
8,999   10,000 -1,001
1,479   1,627 -148
30,000   30,107 -107
65,000   62,420 2,580
45,000   44,388 612
202   202 0
21,613   21,505 108
7,144   7,155 -11
208   208 0
1,114   1,091 23
203   203 0
596   596 0
1,197   1,197 0
    85,615 -85,615
    6,770 -6,770
64,121     64,121
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       0
b       12
c       0
d       -12
e       156
      0
      19
      0
      0
      0
      0
      0
      12
      -98
      -391
      -100
      0
      -50
      -53
      -24
      -33
      -33
      -23
      -11
      -1
      1
      -7
      -133
      -132
      -247
      -243
      -91
      -205
      -175
      -244
      78
      -212
      -29,905
      -1,318
      -102
      -85
      -85
      -38,220
      -1,747
      -171
      -156
      -9,316
      -59
      117
      10,963
      -18,513
      -1,001
      -148
      -107
      2,580
      612
      0
      108
      -11
      0
      23
      0
      0
      0
      -85,615
      -6,770
      64,121
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -117,045
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 466,451 6,728,855 0.069321
2013 529,740 6,717,788 0.078856
2012 460,689 6,565,699 0.070166
2011 425,503 7,072,338 0.060164
2010 431,119 6,961,349 0.061930
2
Total of line 1, column (d) .....................
20.340437
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
0.068087
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
6,413,620
5
Multiply line 4 by line 3......................
5
436,684
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
996
7
Add lines 5 and 6........................
7
437,680
8
Enter qualifying distributions from Part XII, line 4.............
8
442,314
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 1 996
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........................... 3 996
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- ..... 5 996
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 4,600
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 4,600
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 1
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 3,603
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 RefundedBullet 11 3,603
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)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJOHN W SULLIVAN Telephone no.bullet (772) 283-3838

    Located atbullet851 SE MONTEREY COMMONS BLVDSTUARTFL ZIP+4bullet349963337
    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
    JOHN W SULLIVAN PRESIDENT/DIRECTOR
    2.00     		3,000 0 0
    851 SE MONTEREY COMMONS BLVD
    STUART,FL349963337
    SUSAN R SULLIVAN SEC./TREAS./DIRECTOR
    2.00     		3,000 0 0
    851 SE MONTEREY COMMONS BLVD
    STUART,FL349963337
    J BOLTON SULLIVAN II DIRECTOR
    1.00     		3,000 0 0
    851 SE MONTEREY COMMONS BLVD
    STUART,FL349963337
    JENNIFER S SANFORD DIRECTOR
    1.00     		3,000 0 0
    851 SE MONTEREY COMMONS BLVD
    STUART,FL349963337
    GIERIET S BOWEN DIRECTOR
    1.00     		3,000 0 0
    851 SE MONTEREY COMMONS BLVD
    STUART,FL349963337
    JOHN W SULLIVAN JR DIRECTOR
    1.00     		3,000 0 0
    851 SE MONTEREY COMMONS BLVD
    STUART,FL349963337
    JS CAPITAL MANAGEMENT INC ADMINISTRATIVE SERVICES
    10.00     		0 0 0
    851 SE MONTEREY COMMONS BLVD
    STUART,FL349963337
    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
    4,904,266
    b
    Average of monthly cash balances.......................
    1b
    173,029
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,433,994
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,511,289
    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
    6,511,289
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    97,669
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,413,620
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    320,681
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    320,681
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    996
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    996
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    319,685
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    319,685
    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
    319,685
    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
    442,314
    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
    442,314
    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
    996
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    441,318
    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 7 319,685
    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...... 96,986
    b From 2011...... 77,752
    c From 2012...... 134,667
    d From 2013...... 199,201
    e From 2014...... 156,418
    fTotal of lines 3a through e........ 665,024
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 442,314
    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..... 319,685
    e Remaining amount distributed out of corpus 122,629
    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 5 787,653
    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) ...     		96,986
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		690,667
    10 Analysis of line 9:
    a Excess from 2011.... 77,752
    b Excess from 2012.... 134,667
    c Excess from 2013.... 199,201
    d Excess from 2014.... 156,418
    e Excess from 2015.... 122,629
    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).)
    JOHN W SULLIVAN
    SUSAN R SULLIVAN
    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 e-mail address of the person to whom applications should be addressed:
    JOHN W SULLIVAN PRESIDENT
    851 SE MONTEREY COMMONS BLVD
    STUART,FL349963337
    (772) 283-3838
    bThe form in which applications should be submitted and information and materials they should include:
    SEND PRINTED MATERIALS REGARDING CHARITABLE ORGANIZATION ALONG WITH CURRENT FINANCIAL STATEMENTS.
    cAny submission deadlines:
    NOVEMBER 15TH OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE.
    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
    180 PLACE
    PO BOX 20038
    CHARELSTON,SC294130038     		NONE. PUBLIC CHARITY SUPPORT FOR HOMELESS AND HUNGER 5,000
    A UNITED COMMUNITY
    227 KING STREET
    CHARLESTON,SC29401     		NONE. PUBLIC CHARITY VICTIMS SUPPORT 3,000
    ALZHEIMERS ASSOCIATION
    11711 SE US HIGHWAY ONE
    HOBE SOUND,FL33455     		NONE. PUBLIC CHARITY MEDICAL SUPPORT 5,000
    AMERICAN CANCER SOCIETY
    1901 BRUNSWICK AVENUE
    CHARLOTTE,NC28207     		NONE. PUBLIC CHARITY MEDICAL RESEARCH AND SUPPORT 5,000
    ARRUPE COLLEGE AT LOYOLA UNIVERSITY
    820 N MICHIGAN AVENUE
    CHICAGO,IL60611     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 17,500
    ART INSTITUTE OF CHICAGO THE
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		NONE. PUBLIC CHARITY SUPPORT FOR THE ARTS 250
    ARTS COUNCIL OF MARTIN COUNTY
    80 EAST OCEAN BLVD
    STUART,FL349942234     		NONE. PUBLIC CHARITY SUPPORT FOR THE ARTS 250
    BOSTON COLLEGE
    140 COMMONWEALTH AVENUE
    CHESTNUT HILL,MA02467     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 2,500
    BOYS & GIRLS CLUB OF MARTIN COUNTY
    11500 SE LARES AVE
    HOBE SOUND,FL33475     		NONE. PUBLIC CHARITY COMMUNITY ENHANCEMENT 5,000
    CATHOLIC RELIEF SERVICES
    228 WEST LEXINGTON ST
    BALTIMORE,MD212013443     		NONE. PUBLIC CHARITY INTERNATIONAL HUMANITARIAN SUPPORT 10,000
    CATHOLIC THEOLOGICAL UNION
    5401 SOUTH CORNELL AVENUE
    CHCIAGO,IL60615     		NONE. PUBLIC CHARITY RELIGIOUS SUPPORT 1,000
    CHICAGO BOTANIC GARDEN
    1000 LAKE COOK RD
    GLENCOE,IL60022     		NONE. PUBLIC CHARITY ENVIRONMENTAL SUPPORT 500
    CHICAGO SHAKESPEARE THEATER
    800 E GRAND AVENUE
    CHICAGO,IL60611     		NONE. PUBLIC CHARITY ARTS SUPPORT 1,000
    COLLEGE OF THE HOLY CROSS
    ONE COLLEGE ST
    WORCESTER,MA016102395     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 10,000
    COLONIAL WILLIAMSBURG FOUNDATION
    PO BOX 1776
    WILLIAMSBURG,VA231871776     		NONE. FOUNDATION HISTORIC MUSEUM SUPPORT 1,000
    COUNCIL ON AGING OF MARTIN COUNTY INC
    900 SE SALERNO RD
    STUART,FL34997     		NONE. PUBLIC CHARITY FINANCIAL SUPPORT OF THE AGING 5,000
    CRISTO REY JESUIT HIGH SCHOOL
    1852 W 22ND PLACE
    CHICAGO,IL60608     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 2,500
    CRISTO REY NETWORK
    14 E JACKSON BLVD SUITE 1200
    CHICAGO,IL60604     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 2,000
    DIOCESE OF PALM BEACH - DIOCESAN SERVICES APPEAL
    9995 NORTH MILITARY TRAIL
    PALM BEACH GARDENS,FL33410     		NONE. PUBLIC CHARITY SPIRITUAL SUPPORT 6,000
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVENUE 2ND FL
    NEW YORK,NY10001     		NONE. PUBLIC CHARITY INTERNATIONAL MEDICAL SUPPORT 1,000
    EVANS SCHOLARS FOUNDATION
    1 BRIAR ROAD
    GOLF,IL600290301     		NONE. FOUNDATION EDUCATIONAL SUPPORT 2,000
    EVERGLADES FOUNDATION
    18001 OLD CUTLER ROAD
    PALMETTO BAY,FL33157     		NONE. FOUNDATION ENVIRONMENTAL SUPPORT 5,000
    FENIX FAMILY HEALTH CENTER
    130 WASHINGTON AVE
    HIGHWOOD,IL60040     		NONE. PUBLIC CHARITY MEDICAL SUPPORT 15,000
    FLORIDA OCEANOGRAPHIC SOCIETY
    890 NE OCEAN BLVD
    STUART,FL34996     		NONE. PUBLIC CHARITY ENVIRONMENTAL SUPPORT 2,500
    FOREST RIDGE SCHOOL OF THE SACRED HEART
    4800 139TH AVENUE SE
    BELLEVUE,WA98006     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 8,000
    FOUNDATION FOR HOMAN SQUARE
    3517 W ARTHINGTON
    CHICAGO,IL60624     		NONE. FOUNDATION COMMUNITY ENHANCEMENT 1,000
    GEORGETOWN UNIVERSITY - MAIN CAMPUS GEORGETOWN FUND
    BOX 0734
    WASHINGTON,DC200730734     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 6,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PLACE
    CHICAGO,IL60632     		NONE. PUBLIC CHARITY FOOD FOR THE NEEDY 2,000
    HABITAT FOR HUMANITY OF MARTIN COUNTY INC
    2555 SE BONITA ST
    STUART,FL34997     		NONE. PUBLIC CHARITY HOUSING ASSISTANCE 5,000
    HIBISCUS CHILDREN'S CENTER
    2400 NE DIXIE HIGHWAY
    JENSEN BEACH,FL34957     		NONE. PUBLIC CHARITY ASSISTANCE TO AREA CHILDREN 1,000
    HOBE SOUND COMMUNITY CHEST INC
    PO BOX 511
    HOBE SOUND,FL334750511     		NONE. PUBLIC CHARITY COMMUNITY ENHANCEMENT 10,000
    HOBE SOUND EARLY LEARNING CENTER
    11580 SE GOMEZ AVENUE
    HOBE SOUND,FL33455     		NONE. PUBLIC CHARITY CHILDREN'S EDUCATIONAL SUPPORT 1,000
    HOBE SOUND NATURE CENTER
    PO BOX 214
    HOBE SOUND,FL33475     		NONE. PUBLIC CHARITY EDUCATIONAL & ENVIRONMENTAL SUPPORT 2,000
    HOPE RURAL SCHOOL
    15929 SW 150TH ST
    INDIANTOWN,FL34956     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 2,000
    HORIZON HOSPICE & PALLIATIVE CARE
    833 W CHICAGO AVE
    CHICAGO,IL60642     		NONE. PUBLIC CHARITY MEDICAL SUPPORT 1,000
    HOUSE OF HOPE
    2484 SE BONITA ST
    STUART,FL34997     		NONE. PUBLIC CHARITY FOOD FOR THE NEEDY 15,000
    INDIAN HILL CLUB SCHOLARSHIP FOUNDATION
    1 INDIAN HILL RD
    WINNETKA,IL60093     		NONE. FOUNDATION EDUCATIONAL SUPPORT 3,000
    JOHN G SHEDD AQUARIUM - THE AQUARIUM COUNCIL
    1200 S LAKE SHORE DR
    CHICAGO,IL60605     		NONE. PUBLIC CHARITY AQUATIC CONSERVATION 250
    JOSEPH SEARS SCHOOL PARENT VOLUNTEER ASSOCIATION
    542 ABBOTSFORD RD
    KENILWORTH,IL60043     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 2,500
    JOURNEYCARE
    2050 CLAIRE COURT
    GLENVIEW,IL60025     		NONE. PUBLIC CHARITY MEDICAL SUPPORT 1,000
    JUPITER MEDICAL CENTER FOUNDATION
    1210 S OLD DIXIE HWY
    JUPITER,FL33458     		NONE. FOUNDATION MEDICAL SUPPORT 5,000
    KELLOGG GRADUATE SCHOOL OF MGMT
    2020 RIDGE AVENUE ROOM 230
    EVANSTON,IL60201     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 2,500
    LAWRENCEVILLE SCHOOL
    PO BOX 6125
    LAWRENCEVILLE,NJ086489987     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 1,000
    LOBLOLLY COMMUNITY FOUNDATION INC
    7407 SE HILL TERR
    HOBE SOUND,FL33455     		NONE. FOUNDATION COMMUNITY ENHANCEMENT 10,000
    MALTZ JUPITER THEATRE
    1001 EAST INDIANTOWN ROAD
    JUPITER,FL33477     		NONE. PUBLIC CHARITY SUPPORT FOR THE ARTS 5,000
    MANHATTANVILLE COLLEGE
    2900 PURCHASE ST
    PURCHASE,NY10577     		NONE. PUBLIC CHARITY EDUCATIONAL ASSISTANCE 5,000
    MARTIN HEALTH FOUNDATION
    PO BOX 9010
    STUART,FL349959010     		NONE. FOUNDATION MEDICAL SUPPORT 10,000
    MAYO CLINIC
    200 FIRST STREET SW
    ROCHESTER,MN55905     		NONE. PUBLIC CHARITY MEDICAL SUPPORT 3,000
    MELANOMA RESEARCH ALLIANCE
    1101 NEW YORK AVENUE NW STE 620
    WASHINGTON,DC20005     		NONE. PUBLIC CHARITY MEDICAL RESEARCH 5,000
    MEPKIN ABBEY
    1098 MEPKIN ABBEY ROAD
    MONCKS CORNER,SC29461     		NONE. PUBLIC CHARITY RELIGIOUS SUPPORT 2,000
    MERCER ISLAND SCHOOLS FOUNDATION
    PO BOX 1243
    MERCER ISLAND,WA98040     		NONE. FOUNDATION EDUCATIONAL SUPPORT 10,000
    MISS INC
    4434 SE CLECKLEY WAY
    STUART,FL34997     		NONE. PUBLIC CHARITY FINANCIAL SUPPORT FOR HOMELESS 10,000
    MUSC HOLLINGS CANCER CENTER
    18 BEE ST MSC 450
    CHARLESTON,SC294254500     		NONE. PUBLIC CHARITY MEDICAL SUPPORT AND ASSISTANCE 5,000
    NEW TRIER BOOSTER CLUB
    385 WINNETKA AVENUE
    WINNETKA,IL60093     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 500
    NORTH SHORE ART LEAGUE
    620 LINCOLN AVENUE
    WINNETKA,IL60093     		NONE. PUBLIC CHARITY SUPPORT OF THE ARTS 100
    PORTER GAUD SCHOOL
    300 ALBEMARLE RD
    CHARLESTON,SC29407     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 10,000
    REDEEMER LUTHERAN CHURCH AND SCHOOL
    2450 SE OCEAN BLVD
    STUART,FL34996     		NONE. PUBLIC CHARITY FOOD FOR THE NEEDY 5,000
    SALVATION ARMY OF MARTIN COUNTY
    PO BOX 270848
    TAMPA,FL33618     		NONE. PUBLIC CHARITY SUPPORT FOR HOMELESS AND HUNGRY 15,000
    SINSINAWA DOMINICANS
    585 COUNTY ROAD Z
    SINSINSAWA,WI538249701     		NONE. PUBLIC CHARITY RELIGIOUS SUPPORT 3,000
    SISTERS OF THE HOLY NAMES OF JESUS AND MARY
    PO BOX 248
    JONESTOWN,MS38639     		NONE. PUBLIC CHARITY SPIRITUAL & EDUCATIONAL SUPPORT 5,000
    SKIN OF STEEL
    PO BOX 162
    GLENVIEW,IL60026     		NONE. PUBLIC CHARITY SKIN CANCER AWARENESS SUPPORT 1,000
    SPRING HILL COLLEGE
    4000 DAUPHIN STREET
    MOBILE,AL366081791     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 5,000
    SPRINGBOARD FOUNDATION - THE CHICAGO COMMUNITY TRUST
    333 N MICHIGAN AVE SUITE 510
    CHICAGO,IL60601     		NONE. FOUNDATION COMMUNITY ENHANCEMENT 1,000
    ST CHRISTOPHER'S CHURCH
    12001 SE FEDERAL HWY
    HOBE SOUND,FL33455     		NONE. PUBLIC CHARITY SPIRITUAL SUPPORT 3,000
    ST VINCENT DEPAUL SOCIETY
    12001 SE FEDERAL HWY SUITE D
    HOBE SOUND,FL33455     		NONE. PUBLIC CHARITY SPIRITUAL SUPPORT 5,000
    TO TEACH WHO CHRIST IS
    835 NORTH RUSH STREET
    CHICAGO,IL60611     		NONE. PUBLIC CHARITY RELIGIOUS EDUCATION SUPPORT 5,000
    TREASURE COAST FOOD BANK
    401 ANGLE ROAD
    FORT PIERCE,FL34947     		NONE. PUBLIC CHARITY FOOD FOR THE NEEDY 15,000
    UNITED WAY OF MARTIN COUNTY
    10 SE CENTRAL PARKWAY 101
    STUART,FL34994     		NONE. PUBLIC CHARITY ASSISTANCE TO AREA HUMAN CARE AGENCIES 40,000
    VISITING NURSE FOUNDATION
    2400 SE MONTEREY RD SUITE 300
    STUART,FL34996     		NONE. FOUNDATION MEDICAL SUPPORT 1,000
    WATER MISSIONS INTERNATIONAL
    PO BOX 31258
    CHARLESTON,SC29417     		NONE. PUBLIC CHARITY INTERNATIONAL HEALTH SUPPORT 2,000
    WINGS FOR KIDS INC
    476 MEETING ST SUITE E
    CHARLESTON,SC29403     		NONE. PUBLIC CHARITY DEVELOPS EMOTIONAL COMPETENCY IN CHILDREN 2,500
    WISTAR INSTITUTE
    3601 SPRUCE ST
    PHILADELPHIA,PA191044265     		NONE. PUBLIC CHARITY MELANOMA RESEARCH 5,000
    WOMAN'S BOARD OF NORTHWESTERN MEMORIAL HOSPITAL
    541 NORTH FAIRBANKS COURT
    CHICAGO,IL60611     		NONE. PUBLIC CHARITY MEDICAL SUPPORT 10,000
    XAVIER HIGH SCHOOL
    30 WEST 16TH STREET
    NEW YORK,NY100116302     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 2,000
    YOUTH CHORAL THEATER OF CHICAGO
    708 CHURCH ST SUITE 203
    EVANSTON,IL60201     		NONE. PUBLIC CHARITY MUSICAL SUPPORT 1,000
    Total .................................bullet 3a 379,350
    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 ...........     		         
    4 Dividends and interest from securities....     14 195,505  
    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 10,201  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 -117,045  
    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 88,661 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1388,661
    (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
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
     
    Employer identification number

    22-2612047
    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
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
          		Employer identification number
    22-2612047
    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
     
     

    SUSAN R JOHN W SULLIVAN  
    7315 SE GOLFHOUSE DRIVE
     
    HOBE SOUND, FL334558008

    		$ 200,000


    (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
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
          		Employer identification number

    22-2612047
    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
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
          		Employer identification number

    22-2612047
    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 AccountingFeesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 4,706 2,353   2,353

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 295,180 293,140

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    US Government Securities - End of Year Book Value:

    188,712
    US Government Securities - End of Year Fair Market Value:

    189,633
    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:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    APACHE PARTNERS, LLC FMV 604 604
    ARBORETUM PARTNERS, LLC FMV 79,948 112,500
    CELLME, LLC AT COST 312,972 312,972
    MUTUAL FUNDS FMV 3,890,763 3,697,379
    SAGIL LATIN AMERICAN OPPORTUNITY FUND FMV 200,000 224,676
    SEC NOTE RECEIVABLE TANGO NETWORKS FMV 131,416 131,416
    TANGO NET, INC. SERIES C STOCK AT COST 42,476 42,476
    WH ASIA INVESTORS, LLC FMV 296,541 304,757
    MARKET POINT PARTNERS, LLC FMV 149,978 150,000
    NMS-ELON TOWN CENTER FMV 102,636 100,000
    SHEM CREEK CAPITAL FUND FMV 84,998 89,001

    TY 2015 LegalFeesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 223 112   111


    TY 2015 OtherExpensesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 750 375   375
    INVESTMENT MANAGEMENT FEES 27,263 27,263   0
    BANK CHARGES 190 95   95
    OTHER PORTFOLIO EXPENSES PASS THROUGH ENTITIES 11,123 11,123   0
    INVESTMENT INTEREST EXPENSE PASS THROUGH ENTITIES 804 804   0
    LICENSE AND FEE 61 31   30
    STATE INCOME TAX PAID 337 0   0


    TY 2015 OtherIncomeSchedule2
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    WH ASIA INVESTORS, LLC 8,675 8,675 8,675
    ARBORETUM PARTNERS, LLC -4 -4 -4
    SHEM CREEK CAPITAL III, LLC -1,106 -1,106 -1,106
    NMS-ELON TOWN CENTER, LLC 2,636 2,636 2,636


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE/MANAGEMENT FEES 102,000 51,000   51,000
    PROFESSIONAL FEES/MANAGEMENT FEES - PASS THUR ENTITIES 2,142 2,142   0


    TY 2015 TaxesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES ON INVESTMENT INCOME 14,825 0   0
    FOREIGN TAX PAID ON DIVIDENDS 1,702 1,702   0
    FOREIGN TAX PAID PASS THUR ENTITY 57 57   0