TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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 09-01-2015 , and ending 08-31-2016

Name of foundation
WILLIAM H & HARRIET Y CLOUGH MEM SCHOLAR

Number and street (or P.O. box number if mail is not delivered to street address)620 LIBERTY AVENUE 10TH FLOOR
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705

A Employer identification number

20-1907201

B Telephone number (see instructions)

(412) 768-9969

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,053,984J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	23,852		23,852
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		15,709
b	Gross sales price for all assets on line 6a 659,609
7	Capital gain net income (from Part IV, line 2)...			15,709
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	39,561		39,561
13	Compensation of officers, directors, trustees, etc.	12,197		9,758		2,439
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		2,612	12		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		2,074	924		1,150
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	16,883		10,694	0	3,589
25	Contributions, gifts, grants paid.......	73,250				73,250
26	Total expenses and disbursements. Add lines 24 and 25	90,133		10,694	0	76,839
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-50,572
b	Net investment income (if negative, enter -0-)			28,867
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	47,007	49,298	49,298
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	331,008	305,669	376,153
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	648,250	619,786	628,533
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,026,265	974,753	1,053,984
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	1,025,118	974,671
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	1,147	82
	30	Total net assets or fund balances (see instructions).....	1,026,265	974,753
	31	Total liabilities and net assets/fund balances (see instructions).	1,026,265	974,753

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

1,026,265

Enter amount from Part I, line 27a .....................

-50,572

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

975,693

Decreases not included in line 2 (itemize) bullet

940

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

974,753

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	13. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2015-07-07	2015-09-01
b	6. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2014-06-24	2015-09-01
c	129. ISHARES TR S&P SMLCAP 600		2015-07-31	2015-09-03
d	3. CITIGROUP INC		2015-07-22	2015-09-08
e	2. CITIGROUP INC		2015-07-22	2015-09-08
	6. TWITTER INC		2013-11-08	2015-09-08
	1. TRIPADVISOR INC CLASS I		2013-10-24	2015-09-09
	6. TWITTER INC		2014-04-10	2015-09-09
	9. BAXALTA INC -W/I MERGED 06/03/16 @ $18.00 P/S		2014-06-24	2015-09-15
	3. BAXTER INTERNATIONAL INC		2014-06-24	2015-09-15
	1. MONSANTO CO		2011-05-12	2015-09-15
	2. CONCHO RESOURCES INC		2013-10-02	2015-09-16
	1. CONCHO RESOURCES INC		2014-11-10	2015-09-16
	2. MONSANTO CO		2011-05-12	2015-09-16
	7. MCKESSON HBOC INC COMMN		2013-10-22	2015-09-18
	4. GILEAD SCIENCES INC COM		2015-07-16	2015-09-25
	2. GILEAD SCIENCES INC COM		2015-07-31	2015-09-28
	2. GILEAD SCIENCES INC COM		2015-06-30	2015-09-29
	203. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-08-29	2015-09-30
	298. SECTOR SPDR TR SBI CONS STPLS		2015-08-31	2015-09-30
	2. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-04	2015-10-01
	1. GILEAD SCIENCES INC COM		2015-06-30	2015-10-01
	2. GILEAD SCIENCES INC COM		2015-06-30	2015-10-02
	9. CAMPBELL SOUP CO		2015-02-23	2015-10-05
	1. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-01-04	2015-10-05
	8. COLGATE-PALMOLIVE CO		2014-06-24	2015-10-05
	13. EXXON MOBIL CORP		2015-03-13	2015-10-05
	2. INCYTE CORPORATION		2014-01-24	2015-10-05
	1. BIOGEN INC		2012-05-14	2015-10-06
	30. HD SUPPLY HOLDINGS INC		2015-07-16	2015-10-09
	23. MONDELEZ INTERNATIONAL		2014-06-24	2015-10-09
	13. TIME WARNER INC		2015-03-16	2015-10-09
	4. TIME WARNER INC		2014-05-14	2015-10-09
	4. TIME WARNER INC		2015-07-15	2015-10-09
	22. VOYA FINL INC COM		2015-02-13	2015-10-09
	3. VMWARE INC CLASS A		2011-12-22	2015-10-12
	1. VMWARE INC CLASS A		2015-09-14	2015-10-12
	1. VMWARE INC CLASS A		2015-09-14	2015-10-13
	21. CAMPBELL SOUP CO		2015-02-03	2015-10-15
	19. MICROSOFT CORP		2014-06-24	2015-10-15
	2. MICROSOFT CORP		2015-06-26	2015-10-15
	2. VMWARE INC CLASS A		2013-05-10	2015-10-15
	15. BAXTER INTERNATIONAL INC		2014-06-24	2015-10-20
	29. BAXTER INTERNATIONAL INC		2015-01-28	2015-10-20
	1. FLEETCOR TECHNOLOGIES INC		2014-09-16	2015-10-21
	15. HCA HOLDINGS INC		2014-08-01	2015-10-21
	1. INCYTE CORPORATION		2014-02-14	2015-10-21
	2. AMERICAN TOWER CORP		2014-01-09	2015-10-23
	5. APPLE INC		2014-06-17	2015-10-26
	1. APPLE INC		2014-06-24	2015-10-26
	1. DOLLAR GENERAL CORP		2015-07-20	2015-10-26
	3. DOLLAR GENERAL CORP		2015-04-24	2015-10-28
	2. DOLLAR GENERAL CORP		2015-07-17	2015-10-28
	3. DOLLAR GENERAL CORP		2015-04-22	2015-10-28
	4. SBA COMMUNICATIONS CORP (IPO)		2014-02-19	2015-10-28
	2. SBA COMMUNICATIONS CORP (IPO)		2014-02-19	2015-10-28
	188. SECTOR SPDR TR SBI CYCL TRANS		2015-03-31	2015-10-28
	377. SECTOR SPDR TR SBI CYCL TRANS		2015-09-30	2015-10-28
	1. ALLERGAN PLC SEDOL BY9D546		2014-12-12	2015-10-29
	4. CREDIT ACCEPTANCE CORPORATION		2015-07-22	2015-11-11
	8. DOLLAR GENERAL CORP		2015-04-21	2015-11-11
	20. FIREEYE INC		2014-03-07	2015-11-12
	2. FIREEYE INC		2015-01-30	2015-11-12
	2. MONSTER BEVERAGE CORPORATION		2015-07-22	2015-11-12
	1. MONSTER BEVERAGE CORPORATION		2015-04-27	2015-11-12
	4. SBA COMMUNICATIONS CORP (IPO)		2014-02-25	2015-11-13
	11. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-11-26	2015-11-23
	1. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2015-08-12	2015-11-23
	216. SPDR TR UNIT SER 1		2015-10-28	2015-11-30
	9. SIGNET JEWELERS LTD ISIN BMG812761002 SEDOL B3CTNK6		2015-10-09	2015-12-17
	1. ALLERGAN PLC SEDOL BY9D546		2014-12-15	2015-12-22
	100. CHESAPEAKE ENERGY CORP		2015-07-07	2015-12-31
	20. CONTINENTAL RESOURCES INC/OK		2015-05-04	2015-12-31
	36. CONTINENTAL RESOURCES INC/OK		2014-06-24	2015-12-31
	21. EXXON MOBIL CORP		2011-05-12	2015-12-31
	28. MAGNA INTERNATIONAL ISIN CA5592224011		2013-10-07	2015-12-31
	5. MICROSOFT CORP		2014-04-03	2015-12-31
	13. MICROSOFT CORP		2015-10-26	2015-12-31
	30. SEI INVESTMENT CO		2014-08-27	2015-12-31
	23. ST JUDE MEDICAL INC		2011-12-21	2015-12-31
	11. STRYKER CORP		2015-07-31	2015-12-31
	18. UNITEDHEALTH GROUP INC COM		2015-02-05	2015-12-31
	12. MEDNAX INC		2015-10-21	2016-01-07
	6. MORGAN STANLEY		2012-12-13	2016-01-08
	6. STARBUCKS CORP COM		2015-04-28	2016-01-08
	1. ALPHABET INC/CA-CL C		2015-07-22	2016-01-11
	23. APARTMENT INVT & MGMT CO CL A REIT		2014-06-24	2016-01-13
	4. CITIGROUP INC		2015-07-21	2016-01-13
	5. DISNEY WALT CO		2011-05-12	2016-01-13
	3. LOCKHEED MARTIN CORP		2011-05-12	2016-01-13
	8. MORGAN STANLEY		2012-12-13	2016-01-13
	1. BOEING CO		2011-05-12	2016-01-14
	3. CITIGROUP INC		2015-07-21	2016-01-14
	1. SHERWIN-WILLIAMS CO		2015-02-27	2016-01-14
	17. CDW CORP/DE		2014-06-20	2016-01-15
	19. SM ENERGY COMPANY		2015-05-04	2016-01-15
	33. SM ENERGY COMPANY		2014-06-24	2016-01-15
	8. VALERO ENERGY CORP NEW COM		2015-02-24	2016-01-15
	2. SHERWIN-WILLIAMS CO		2015-02-27	2016-01-21
	1. SHERWIN-WILLIAMS CO		2015-07-20	2016-01-21
	6. CITIGROUP INC		2015-07-27	2016-01-22
	19. MORGAN STANLEY		2012-12-13	2016-01-22
	8. TIFFANY & CO NEW COM		2014-02-03	2016-01-25
	4. TIFFANY & CO NEW COM		2015-07-15	2016-01-25
	8. WILLIS TOWERS WATSON PLC SEDOL BDB6Q21		2016-01-05	2016-01-25
	8. SHAKE SHACK INC - CLASS A		2015-08-13	2016-01-27
	3. MASTERCARD INC CL A		2015-07-07	2016-01-28
	203. ISHARES MSCI EAFE SMALL-CAP ETF		2015-11-30	2016-01-29
	161. SPDR S&P INTERNATIONAL SMALL CAP		2015-11-30	2016-01-29
	1. SECTOR SPDR TR SBI INT-TECH		2015-11-30	2016-01-29
	3. APPLE INC		2014-06-24	2016-02-01
	2. APPLE INC		2014-06-24	2016-02-01
	8. APPLE INC		2014-04-29	2016-02-02
	10. BOEING CO		2011-05-12	2016-02-02
	5. GILEAD SCIENCES INC COM		2015-06-30	2016-02-02
	22. TOTAL SYSTEMS SERVICES INC		2015-08-14	2016-02-02
	1. LINKEDIN CORP A		2015-03-12	2016-02-05
	5. CONSTELLATION BRANDS INC CL A		2014-05-16	2016-02-09
	8. DR PEPPER SNAPPLE GROUP INC		2014-10-10	2016-02-09
	7. KROGER CO		2015-10-21	2016-02-09
	6. KROGER CO		2015-07-15	2016-02-09
	2. LINKEDIN CORP A		2011-11-18	2016-02-10
	6. APPLE INC		2013-09-24	2016-02-12
	10. JONES LANG LASALLE INC		2015-12-31	2016-02-12
	12. SKYWORKS SOLUTIONS INC COM		2014-02-24	2016-02-12
	3. VERTEX PHARMACEUTICALS INC		2016-01-06	2016-02-12
	13. UNITED RENTALS INC COM		2015-12-31	2016-02-17
	16. VERISK ANALYTICS INC		2014-08-11	2016-02-17
	17. VERISK ANALYTICS INC		2015-02-23	2016-02-17
	9. STANLEY BLACK & DECKER INC		2015-06-11	2016-02-18
	8. ARM HOLDINGS PLC SPONSORED ADR		2014-10-29	2016-02-19
	14. VALERO ENERGY CORP NEW COM		2015-02-24	2016-02-22
	45. APARTMENT INVT & MGMT CO CL A REIT		2014-06-24	2016-02-23
	5. KROGER CO		2015-10-01	2016-02-24
	5. ARM HOLDINGS PLC SPONSORED ADR		2012-09-17	2016-02-26
	194. SECTOR SPDR TR SBI CYCL TRANS		2015-11-30	2016-02-29
	338. SECTOR SPDR TR SBI INT-TECH		2015-11-30	2016-02-29
	1. LINKEDIN CORP A		2011-11-18	2016-03-07
	9. SNAP-ON INC COM		2013-10-07	2016-03-08
	9. ARM HOLDINGS PLC SPONSORED ADR		2011-08-03	2016-03-16
	6. CF INDUSTRIES HOLDINGS INC		2014-06-24	2016-03-16
	19. CF INDUSTRIES HOLDINGS INC		2015-08-10	2016-03-16
	60. HALLIBURTON CO		2014-06-24	2016-03-16
	17. HALLIBURTON CO		2015-05-04	2016-03-16
	2. NETFLIX.COM INC		2015-09-09	2016-03-17
	2. NETFLIX.COM INC		2015-09-09	2016-03-17
	3. LINKEDIN CORP A		2011-11-21	2016-03-18
	27. APACHE CORP COM		2016-01-13	2016-03-21
	36. APACHE CORP COM		2014-06-24	2016-03-21
	5. DISNEY WALT CO		2011-05-12	2016-03-21
	4. HOME DEPOT INC COM		2015-11-23	2016-03-21
	6. L BRANDS INC		2016-02-11	2016-03-21
	4. STARBUCKS CORP COM		2015-05-04	2016-03-21
	1. STARBUCKS CORP COM		2014-04-22	2016-03-21
	5. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2015-08-18	2016-03-21
	5. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2015-10-15	2016-03-21
	11. ALTRIA GROUP INC		2014-06-24	2016-03-23
	6. DR PEPPER SNAPPLE GROUP INC		2014-10-10	2016-03-23
	1. LINKEDIN CORP A		2011-11-28	2016-03-24
	23. PRINCIPAL FINANCIAL GROUP COM		2014-08-22	2016-03-28
	27. T-MOBILE US INC		2015-07-31	2016-03-28
	.553 CALIFORNIA RESOURCES CORP REV SPLIT 05/31/16		2011-06-08	2016-03-30
	837.165 GOLDMAN SACHS GRTH OPPOR INSTIT CLASS		2010-04-07	2016-04-06
	42. NOBLE CORP PLC SEDOL BFG3KF2		2015-07-07	2016-04-07
	3. CALIFORNIA RESOURCES CORP REV SPLIT 05/31/16		2011-08-31	2016-04-08
	6. FACEBOOK INC A		2016-02-02	2016-04-11
	6. FACEBOOK INC A		2016-02-02	2016-04-11
	18. CAMPBELL SOUP CO		2014-11-03	2016-04-12
	1. CHIPOTLE MEXICAN GRIL CL A		2015-05-18	2016-04-12
	1. CHIPOTLE MEXICAN GRIL CL A		2011-05-12	2016-04-12
	1. LINKEDIN CORP A		2011-11-28	2016-04-12
	3. MYLAN N V		2016-02-02	2016-04-12
	19. MYLAN N V		2015-08-18	2016-04-12
	15. CBOE HOLDINGS		2015-10-09	2016-04-13
	2. CBOE HOLDINGS		2014-06-24	2016-04-13
	8. FOOT LOCKER INC		2013-10-07	2016-04-13
	4. L BRANDS INC		2016-02-17	2016-04-13
	12. NIKE INC CL B		2015-07-28	2016-04-13
	1. NORTHROP GRUMMAN CORPORATION		2014-06-24	2016-04-13
	6. NORTHROP GRUMMAN CORPORATION		2015-07-16	2016-04-13
	2. UNDER ARMOUR INC-CLASS C-W/I		2015-10-23	2016-04-13
	2. FACEBOOK INC A		2016-02-22	2016-04-25
	4. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-04-13	2016-04-26
	5. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-05-04	2016-04-26
	8. ABBOTT LABORATORIES INC		2013-01-24	2016-04-28
	139. SECTOR SPDR TR SBI CONS STPLS		2016-02-29	2016-04-29
	149. SECTOR SPDR TR SHS BEN INT-UTILITIES		2016-02-29	2016-04-29
	5. EVEREST RE GROUP LTD		2016-04-13	2016-04-29
	11. CARDINAL HEALTH INC		2016-01-07	2016-05-02
	4. MONSANTO CO		2011-05-12	2016-05-02
	2. COSTCO WHSL CORP NEW COM		2016-01-13	2016-05-05
	1. COSTCO WHSL CORP NEW COM		2011-05-12	2016-05-09
	2. L BRANDS INC		2015-01-16	2016-05-09
	6. APPLE INC		2013-09-24	2016-05-10
	44. CISCO SYS INC COM		2014-06-24	2016-05-10
	13. L BRANDS INC		2014-09-25	2016-05-10
	9. MICROSOFT CORP		2016-02-01	2016-05-10
	19. TESORO CORP		2015-07-07	2016-05-11
	103. NOBLE CORP PLC SEDOL BFG3KF2		2015-07-07	2016-05-11
	16. NOBLE CORP PLC SEDOL BFG3KF2		2015-12-15	2016-05-11
	13. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-04-13	2016-05-13
	1. O REILLY AUTOMOTIVE INC		2016-04-28	2016-05-13
	19. AERCAP HOLDINGS NV ISIN NL0000687663 SEDOL B1HHKD3		2016-02-18	2016-05-13
	21. AERCAP HOLDINGS NV ISIN NL0000687663 SEDOL B1HHKD3		2015-06-03	2016-05-13
	1. UNDER ARMOUR INC CLASS A		2013-10-29	2016-05-16
	2. UNDER ARMOUR INC CLASS A		2015-10-23	2016-05-16
	8. UNDER ARMOUR INC-CLASS C-W/I		2013-10-24	2016-05-16
	2. L BRANDS INC		2014-09-25	2016-05-17
	3. STARBUCKS CORP COM		2014-04-22	2016-05-17
	1. UNDER ARMOUR INC CLASS A		2013-10-29	2016-05-17
	8. ALTRIA GROUP INC		2014-06-24	2016-05-18
	6. CVS CAREMARK CORP		2012-01-11	2016-05-18
	1. L BRANDS INC		2014-09-25	2016-05-18
	3. MYLAN N V		2015-10-05	2016-05-18
	25. MYLAN N V		2016-01-15	2016-05-18
	3. L BRANDS INC		2014-09-25	2016-05-19
	2. L BRANDS INC		2014-09-25	2016-05-19
	27. BAXALTA INC -W/I MERGED 06/03/16 @ $18.00 P/S		2015-10-23	2016-05-26
	244.202 COLUMBIA ACORN INTL FUND CL Z		2014-03-14	2016-05-26
	570.669 GOLDMAN SACHS MID CAP VALUE FD CL I		2013-05-24	2016-05-26
	2. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-04-23	2016-05-26
	6. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-06-26	2016-05-26
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	5. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-06-26	2016-05-31
	2. STARBUCKS CORP COM		2014-04-22	2016-06-01
	4. ABBOTT LABORATORIES INC		2011-05-12	2016-06-02
	41. BAXALTA INC -W/I MERGED 06/03/16 @ $18.00 P/S		2014-06-24	2016-06-02
	37. BAXALTA INC -W/I MERGED 06/03/16 @ $18.00 P/S		2015-10-23	2016-06-02
	4. NIKE INC CL B		2015-07-28	2016-06-02
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	34. HORMEL FOODS CORP		2016-02-09	2016-06-06
	4. NIKE INC CL B		2015-07-28	2016-06-06
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	1. DISNEY WALT CO		2012-01-27	2016-06-07
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	1. DISNEY WALT CO		2012-01-27	2016-06-08
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	5. ABBOTT LABORATORIES INC		2011-05-12	2016-06-10
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	4. ABBOTT LABORATORIES INC		2011-05-12	2016-06-16
	13. ALASKA AIR GROUP INC		2015-10-09	2016-06-16
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	26. WADDELL & REED FINL INC CL A		2015-11-18	2016-06-21
	77. WESTERN UNION CO - W/I		2014-06-24	2016-06-21
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	1. PPG INDS INC COM		2015-02-27	2016-07-29
	4. PEPSICO INC COM		2015-08-06	2016-07-29
	25. PFIZER INC COM		2015-12-31	2016-07-29
	6. PFIZER INC COM		2016-02-02	2016-07-29
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	1. RAYTHEON COMPANY		2014-06-24	2016-07-29
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	347. SECTOR SPDR TR SBI INT-TECH		2016-06-30	2016-07-29
	34. SECTOR SPDR TR SHS BEN INT-UTILITIES		2016-02-29	2016-07-29
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	3. STARBUCKS CORP COM		2016-07-26	2016-07-29
	20.905 TEMPLETON INSTL FDS INC FOREIGN EQUITY SER		2015-01-27	2016-07-29
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	1. THERMO ELECTRON CORP COM		2015-08-19	2016-07-29
	2. TIME WARNER INC		2014-05-14	2016-07-29
	2. TRACTOR SUPPLY CO COM		2015-04-20	2016-07-29
	3. TYSON FOODS INC CLASS A		2016-05-18	2016-07-29
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	10. VERIZON COMMUNICATIONS COM		2013-09-25	2016-07-29
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	20. WASTE MANAGEMENT INC		2014-06-24	2016-07-29
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	14. CF INDUSTRIES HOLDINGS INC		2014-06-24	2016-08-05
	28. CF INDUSTRIES HOLDINGS INC		2016-02-17	2016-08-05
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	6. BRISTOL MYERS SQUIBB CO		2015-09-15	2016-08-08
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	13. TRACTOR SUPPLY CO COM		2015-04-17	2016-08-08
	5. BRISTOL MYERS SQUIBB CO		2013-12-12	2016-08-09
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	151. AES CORP		2016-03-21	2016-08-15
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	3. ALLIANCE DATA SYSTEMS CORP.		2016-07-29	2016-08-15
	60. ALTRIA GROUP INC		2013-10-07	2016-08-15
	14. AMERICAN EXPRESS CO		2016-07-29	2016-08-15
	26. AMERICAN EXPRESS CO		2015-04-06	2016-08-15
	25. APPLE INC		2013-10-07	2016-08-15
	53. CBOE HOLDINGS		2014-06-24	2016-08-15
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	68. CBRE GROUP INC		2016-02-23	2016-08-15
	15. CAMPBELL SOUP CO		2016-06-21	2016-08-15
	16. CAMPBELL SOUP CO		2014-11-03	2016-08-15
	61. DEVON ENERGY CORP NEW		2016-03-16	2016-08-15
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	66. FEDERATED INVS INC PA CL B		2016-02-23	2016-08-15
	49. FRANKLIN RES INC COM		2015-11-11	2016-08-15
	30. FRANKLIN RES INC COM		2016-06-21	2016-08-15
	3. GILEAD SCIENCES INC COM		2015-09-18	2016-08-15
	18. GILEAD SCIENCES INC COM		2012-04-19	2016-08-15
	26. HP INC		2015-07-07	2016-08-15
	82. HP INC		2016-05-11	2016-08-15
	14. HARRIS CORP		2015-07-07	2016-08-15
	12. HARRIS CORP		2016-04-12	2016-08-15
	106. HEWLETT PACKARD ENTERPRISE CO		2016-02-17	2016-08-15
	34. HEWLETT PACKARD ENTERPRISE CO		2015-07-07	2016-08-15
	14. LOCKHEED MARTIN CORP		2011-05-12	2016-08-15
	66. MARATHON PETROLEUM CORP		2014-06-24	2016-08-15
	10. MASTERCARD INC CL A		2015-09-01	2016-08-15
	11. MASTERCARD INC CL A		2011-05-12	2016-08-15
	1. MOODYS CORP		2016-07-29	2016-08-15
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	5. NOVO NORDISK A S ADR		2011-11-08	2016-08-15
	47. OCEANEERING INTERNATIONAL INC		2016-03-21	2016-08-15
	35. PHILIP MORRIS INTERNAT-W/I		2011-05-12	2016-08-15
	24. ROCKWELL COLLINS INC		2014-06-24	2016-08-15
	1. ROCKWELL COLLINS INC		2016-07-29	2016-08-15
	13. ROSS STORES INC		2014-06-24	2016-08-15
	6. S&P GLOBAL INC		2016-07-29	2016-08-15
	19. S&P GLOBAL INC		2014-06-24	2016-08-15
	2. S&P GLOBAL INC		2015-09-15	2016-08-15
	89. SYNCHRONY FINANCIAL		2016-02-23	2016-08-15
	45. TJX COS INC NEW COM		2011-05-12	2016-08-15
	5. TJX COS INC NEW COM		2015-10-01	2016-08-15
	2. TESORO CORP		2015-07-07	2016-08-15
	6. TESORO CORP		2016-03-16	2016-08-15
	1. UNITED PARCEL SERVICE INC CL B		2016-07-29	2016-08-15
	30. UNITED PARCEL SERVICE INC CL B		2012-07-05	2016-08-15
	16. UNITED RENTALS INC COM		2016-03-21	2016-08-15
	2. VALERO ENERGY CORP NEW COM		2016-07-29	2016-08-15
	43. VALERO ENERGY CORP NEW COM		2014-09-22	2016-08-15
	19. WESTERN DIGITAL CORP		2016-02-17	2016-08-15
	31. WESTERN DIGITAL CORP		2013-10-07	2016-08-15
	2. WESTERN UNION CO - W/I		2016-07-29	2016-08-15
	48. WESTERN UNION CO - W/I		2014-06-24	2016-08-15
	1. YUM! BRANDS INC		2016-07-29	2016-08-15
	12. YUM! BRANDS INC		2014-06-24	2016-08-15
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	11. ACCENTURE PLC CLASS A ISIN IE00B4BNMY34 SEDOL B4BNMY3		2015-07-07	2016-08-15
	25. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2012-06-19	2016-08-15
	14. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2016-08-05	2016-08-15
	2. MYLAN N V		2016-07-29	2016-08-15
	36. MYLAN N V		2015-10-05	2016-08-15
	17. CELANESE CORP-SERIES A		2015-06-18	2016-08-16
	3. CELANESE CORP-SERIES A		2015-10-21	2016-08-16
	14. GILEAD SCIENCES INC COM		2012-04-19	2016-08-17
	1. S&P GLOBAL INC		2014-06-24	2016-08-19
	16. CHECK POINT SOFTWARE COM		2014-03-03	2016-08-19
	6. GENERAL ELEC CO COM		2016-01-13	2016-08-23
	3. GENERAL ELEC CO COM		2016-07-29	2016-08-23
	2. NOVO NORDISK A S ADR		2011-11-08	2016-08-23
	1075.972 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO		2014-10-30	2016-08-25
	1222.779 RIDGEWORTH FDS SEIX FLTG RATE INCOME FD CL I		2016-08-05	2016-08-25
	1356.63 TEMPLETON GLOBAL BOND FUND AD FUND		2011-07-05	2016-08-25
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	649	1,052	-403
b	299	858	-559
c	14,293	15,133	-840
d	155	182	-27
e	103	121	-18
	164	255	-91
	67	73	-6
	165	195	-30
	332	297	35
	108	122	-14
	91	64	27
	202	228	-26
	101	115	-14
	180	128	52
	1,426	1,008	418
	406	475	-69
	193	237	-44
	195	235	-40
	13,364	12,951	413
	14,015	14,108	-93
	291	217	74
	97	117	-20
	192	235	-43
	460	421	39
	151	107	44
	522	545	-23
	996	1,092	-96
	240	129	111
	276	137	139
	931	1,093	-162
	1,035	859	176
	948	1,125	-177
	292	266	26
	292	340	-48
	883	953	-70
	210	243	-33
	70	80	-10
	69	80	-11
	1,043	981	62
	893	795	98
	94	92	2
	137	154	-17
	512	611	-99
	990	1,110	-120
	145	143	2
	1,065	980	85
	107	64	43
	198	164	34
	576	459	117
	115	92	23
	66	81	-15
	198	230	-32
	132	161	-29
	199	229	-30
	470	420	50
	234	193	41
	15,052	14,275	777
	30,184	27,801	2,383
	312	262	50
	651	912	-261
	510	595	-85
	446	963	-517
	45	69	-24
	297	295	2
	149	144	5
	419	380	39
	871	470	401
	79	94	-15
	45,166	44,858	308
	1,050	1,271	-221
	310	261	49
	440	1,054	-614
	463	1,044	-581
	833	1,365	-532
	1,643	1,704	-61
	1,134	1,187	-53
	279	207	72
	725	698	27
	1,588	1,122	466
	1,423	805	618
	1,026	1,126	-100
	2,129	2,073	56
	819	988	-169
	173	164	9
	343	304	39
	708	677	31
	899	738	161
	185	237	-52
	504	208	296
	653	241	412
	220	143	77
	130	80	50
	137	177	-40
	244	288	-44
	627	557	70
	220	1,079	-859
	382	2,711	-2,329
	530	492	38
	489	571	-82
	246	265	-19
	246	349	-103
	485	339	146
	488	685	-197
	244	375	-131
	889	1,002	-113
	268	435	-167
	252	279	-27
	9,444	10,253	-809
	4,219	4,695	-476
	41	44	-3
	288	275	13
	193	183	10
	763	699	64
	1,193	795	398
	417	581	-164
	862	1,059	-197
	110	266	-156
	686	413	273
	720	517	203
	256	280	-24
	220	232	-12
	209	146	63
	559	451	108
	985	1,610	-625
	673	410	263
	247	368	-121
	627	945	-318
	1,091	968	123
	1,159	1,155	4
	837	962	-125
	319	341	-22
	798	860	-62
	1,632	1,444	188
	191	186	5
	203	154	49
	14,567	15,684	-1,117
	13,988	14,884	-896
	118	73	45
	1,355	885	470
	379	253	126
	199	290	-91
	630	1,144	-514
	2,077	4,043	-1,966
	588	844	-256
	200	202	-2
	200	202	-2
	335	197	138
	1,331	999	332
	1,774	3,298	-1,524
	492	201	291
	525	506	19
	526	515	11
	237	199	38
	59	36	23
	595	933	-338
	595	663	-68
	669	467	202
	536	388	148
	111	62	49
	901	1,199	-298
	997	1,111	-114
	1		1
	19,531	19,704	-173
	406	629	-223
	4	2	2
	659	695	-36
	659	654	5
	1,151	835	316
	444	635	-191
	444	278	166
	110	62	48
	139	157	-18
	880	1,058	-178
	957	991	-34
	128	98	30
	497	265	232
	319	327	-8
	714	687	27
	199	122	77
	1,195	1,018	177
	84	90	-6
	220	211	9
	100	138	-38
	125	172	-47
	330	263	67
	7,247	7,131	116
	7,151	6,942	209
	923	986	-63
	866	947	-81
	382	256	126
	294	311	-17
	148	83	65
	141	162	-21
	560	421	139
	1,172	1,088	84
	903	985	-82
	453	494	-41
	1,475	1,814	-339
	969	1,387	-418
	150	203	-53
	292	445	-153
	264	265	-1
	706	651	55
	781	1,073	-292
	37	21	16
	74	94	-20
	278	156	122
	131	135	-4
	166	107	59
	37	21	16
	508	340	168
	602	252	350
	64	67	-3
	124	132	-8
	1,037	1,251	-214
	185	202	-17
	122	135	-13
	1,235	905	330
	9,639	11,329	-1,690
	19,528	26,317	-6,789
	46	68	-22
	138	201	-63
	113	61	52
	121	167	-46
	110	71	39
	158	103	55
	1,893	1,297	596
	1,708	1,240	468
	218	227	-9
	73	41	32
	203	116	87
	136	76	60
	92	98	-6
	54	57	-3
	292	162	130
	1,165	1,396	-231
	218	227	-9
	111	59	52
	195	129	66
	99	39	60
	117	77	40
	98	39	59
	195	129	66
	192	129	63
	150	103	47
	149	103	46
	783	1,002	-219
	995	3,252	-2,257
	479	946	-467
	1,459	1,295	164
	847	796	51
	701	583	118
	106	113	-7
	158	170	-12
	205	128	77
	171	178	-7
	170	178	-8
	458	542	-84
	208	128	80
	286	211	75
	1,178	485	693
	1,152	696	456
	99	117	-18
	275	266	9
	245	227	18
	14,217	14,444	-227
	567	513	54
	113	101	12
	850	874	-24
	250	261	-11
	267	279	-12
	1,354	1,234	120
	89	93	-4
	100	70	30
	200	140	60
	1,150	1,059	91
	1,070	1,026	44
	498	351	147
	87	36	51
	87	89	-2
	172	71	101
	740	559	181
	233	221	12
	147	95	52
	96	39	57
	69	46	23
	34	37	-3
	1,671	1,637	34
	949	780	169
	179	168	11
	82	77	5
	196	162	34
	98	72	26
	84	86	-2
	258	384	-126
	165	181	-16
	410	355	55
	802	663	139
	339	212	127
	765	583	182
	378	388	-10
	116	53	63
	833	561	272
	158	160	-2
	45	45
	199	160	39
	1,183	984	199
	111	118	-7
	395	401	-6
	98	108	-10
	295	310	-15
	133	80	53
	299	282	17
	153	112	41
	213	161	52
	649	292	357
	589	536	53
	333	277	56
	206	186	20
	187	205	-18
	269	226	43
	192	215	-23
	223	278	-55
	827	668	159
	216	157	59
	268	242	26
	122	114	8
	494	463	31
	167	83	84
	1,418	1,641	-223
	263	236	27
	96	38	58
	384	153	231
	189	189
	216	205	11
	197	129	68
	763	711	52
	909	946	-37
	927	693	234
	229	81	148
	267	204	63
	1,582	845	737
	1,002	956	46
	173	150	23
	152	127	25
	147	140	7
	160	231	-71
	522	549	-27
	1,781	1,470	311
	244	259	-15
	416	387	29
	277	249	28
	116	119	-3
	116	105	11
	662	295	367
	453	400	53
	9,818	9,617	201
	1,353	837	516
	2,027	1,799	228
	1,125	921	204
	91	101	-10
	605	504	101
	237	162	75
	1,646	936	710
	155	135	20
	857	678	179
	143	159	-16
	71	57	14
	191	186	5
	118	113	5
	234	206	28
	508	494	14
	207	206	1
	44	37	7
	160	150	10
	183	71	112
	157	144	13
	278	241	37
	869	489	380
	114	114
	171	141	30
	290	256	34
	105	118	-13
	435	401	34
	921	810	111
	221	181	40
	173	152	21
	125	125
	1,292	889	403
	235	193	42
	279	247	32
	140	95	45
	1,118	945	173
	150	93	57
	5,168	3,259	1,909
	367	366	1
	245	218	27
	82	73	9
	199	198	1
	1,531	1,417	114
	109	103	6
	16,132	14,994	1,138
	1,774	1,584	190
	195	256	-61
	174	175	-1
	388	426	-38
	235	203	32
	210	165	45
	160	134	26
	154	133	21
	183	178	5
	221	199	22
	262	257	5
	258	290	-32
	9,067	8,880	187
	164	168	-4
	556	469	87
	157	50	107
	125	124	1
	1,322	890	432
	83	88	-5
	282	292	-10
	254	247	7
	233	219	14
	226	227	-1
	266	264	2
	231	210	21
	84	85	-1
	190	77	113
	806	579	227
	252	226	26
	306	677	-371
	613	876	-263
	36,740	38,232	-1,492
	145	120	25
	60	63	-3
	181	201	-20
	360	371	-11
	97	70	27
	1,124	1,135	-11
	307	253	54
	226	162	64
	88	71	17
	193	226	-33
	761	579	182
	92	47	45
	138	168	-30
	1,845	1,821	24
	639	882	-243
	639	696	-57
	3,986	2,313	1,673
	917	905	12
	1,703	2,054	-351
	2,726	1,753	973
	3,588	2,595	993
	135	138	-3
	2,014	1,870	144
	909	944	-35
	970	708	262
	2,567	1,540	1,027
	58	57	1
	2,615	2,169	446
	2,447	2,437	10
	2,121	1,865	256
	1,754	1,879	-125
	1,074	1,018	56
	240	326	-86
	1,439	559	880
	373	379	-6
	1,177	969	208
	1,272	1,071	201
	1,090	921	169
	2,339	1,596	743
	750	545	205
	3,717	1,124	2,593
	2,719	2,902	-183
	962	905	57
	1,058	310	748
	104	106	-2
	2,400	2,029	371
	2,577	2,340	237
	233	112	121
	1,360	1,584	-224
	3,460	2,590	870
	2,034	1,897	137
	85	85
	823	439	384
	720	731	-11
	2,279	1,635	644
	240	188	52
	2,478	2,344	134
	3,723	2,253	1,470
	414	354	60
	151	183	-32
	453	524	-71
	110	108	2
	3,312	2,550	762
	1,266	1,026	240
	108	103	5
	2,327	2,014	313
	862	824	38
	1,406	2,543	-1,137
	42	40	2
	1,009	807	202
	90	90
	1,083	972	111
	909	910	-1
	1,250	1,072	178
	1,920	1,580	340
	1,075	1,053	22
	97	93	4
	1,748	1,550	198
	1,130	1,200	-70
	199	200	-1
	1,123	365	758
	120	84	36
	1,213	1,075	138
	188	172	16
	94	94
	95	45	50
	10,555	11,027	-472
	10,540	10,504	36
	15,194	18,055	-2,861
			7,018

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			-403
b			-559
c			-840
d			-27
e			-18
			-91
			-6
			-30
			35
			-14
			27
			-26
			-14
			52
			418
			-69
			-44
			-40
			413
			-93
			74
			-20
			-43
			39
			44
			-23
			-96
			111
			139
			-162
			176
			-177
			26
			-48
			-70
			-33
			-10
			-11
			62
			98
			2
			-17
			-99
			-120
			2
			85
			43
			34
			117
			23
			-15
			-32
			-29
			-30
			50
			41
			777
			2,383
			50
			-261
			-85
			-517
			-24
			2
			5
			39
			401
			-15
			308
			-221
			49
			-614
			-581
			-532
			-61
			-53
			72
			27
			466
			618
			-100
			56
			-169
			9
			39
			31
			161
			-52
			296
			412
			77
			50
			-40
			-44
			70
			-859
			-2,329
			38
			-82
			-19
			-103
			146
			-197
			-131
			-113
			-167
			-27
			-809
			-476
			-3
			13
			10
			64
			398
			-164
			-197
			-156
			273
			203
			-24
			-12
			63
			108
			-625
			263
			-121
			-318
			123
			4
			-125
			-22
			-62
			188
			5
			49
			-1,117
			-896
			45
			470
			126
			-91
			-514
			-1,966
			-256
			-2
			-2
			138
			332
			-1,524
			291
			19
			11
			38
			23
			-338
			-68
			202
			148
			49
			-298
			-114
			1
			-173
			-223
			2
			-36
			5
			316
			-191
			166
			48
			-18
			-178
			-34
			30
			232
			-8
			27
			77
			177
			-6
			9
			-38
			-47
			67
			116
			209
			-63
			-81
			126
			-17
			65
			-21
			139
			84
			-82
			-41
			-339
			-418
			-53
			-153
			-1
			55
			-292
			16
			-20
			122
			-4
			59
			16
			168
			350
			-3
			-8
			-214
			-17
			-13
			330
			-1,690
			-6,789
			-22
			-63
			52
			-46
			39
			55
			596
			468
			-9
			32
			87
			60
			-6
			-3
			130
			-231
			-9
			52
			66
			60
			40
			59
			66
			63
			47
			46
			-219
			-2,257
			-467
			164
			51
			118
			-7
			-12
			77
			-7
			-8
			-84
			80
			75
			693
			456
			-18
			9
			18
			-227
			54
			12
			-24
			-11
			-12
			120
			-4
			30
			60
			91
			44
			147
			51
			-2
			101
			181
			12
			52
			57
			23
			-3
			34
			169
			11
			5
			34
			26
			-2
			-126
			-16
			55
			139
			127
			182
			-10
			63
			272
			-2

			39
			199
			-7
			-6
			-10
			-15
			53
			17
			41
			52
			357
			53
			56
			20
			-18
			43
			-23
			-55
			159
			59
			26
			8
			31
			84
			-223
			27
			58
			231

			11
			68
			52
			-37
			234
			148
			63
			737
			46
			23
			25
			7
			-71
			-27
			311
			-15
			29
			28
			-3
			11
			367
			53
			201
			516
			228
			204
			-10
			101
			75
			710
			20
			179
			-16
			14
			5
			5
			28
			14
			1
			7
			10
			112
			13
			37
			380

			30
			34
			-13
			34
			111
			40
			21

			403
			42
			32
			45
			173
			57
			1,909
			1
			27
			9
			1
			114
			6
			1,138
			190
			-61
			-1
			-38
			32
			45
			26
			21
			5
			22
			5
			-32
			187
			-4
			87
			107
			1
			432
			-5
			-10
			7
			14
			-1
			2
			21
			-1
			113
			227
			26
			-371
			-263
			-1,492
			25
			-3
			-20
			-11
			27
			-11
			54
			64
			17
			-33
			182
			45
			-30
			24
			-243
			-57
			1,673
			12
			-351
			973
			993
			-3
			144
			-35
			262
			1,027
			1
			446
			10
			256
			-125
			56
			-86
			880
			-6
			208
			201
			169
			743
			205
			2,593
			-183
			57
			748
			-2
			371
			237
			121
			-224
			870
			137

			384
			-11
			644
			52
			134
			1,470
			60
			-32
			-71
			2
			762
			240
			5
			313
			38
			-1,137
			2
			202

			111
			-1
			178
			340
			22
			4
			198
			-70
			-1
			758
			36
			138
			16

			50
			-472
			36
			-2,861

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	15,709
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 ...................		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? Yes No

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	49,414	1,120,213	0.044111
2013
2012
2011
2010

Total of line 1, column (d) .....................

20.044111

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 . . .

0.044111

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

1,052,012

Multiply line 4 by line 3......................

46,405

Enter 1% of net investment income (1% of Part I, line 27b)...........

289

Add lines 5 and 6........................

46,694

Enter qualifying distributions from Part XII, line 4.............

76,839

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)

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	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	289
	hereand 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	289
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	289
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	1,300
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,300
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,011
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax146	Refunded	11	865

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 768-9969

Located at bullet

620 LIBERTY AVENUEPITTSBURGHPA ZIP+4 bullet

152222705

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
PNC BANK	TRUSTEE 3	12,197
620 LIBERTY AVE PITTSBURGH,PA15222	TRUSTEE 3	12,197

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...................				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............. 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	ISSUED SCHOLARSHIPS TO 11 INDIVIDUALS FOR STUDY AT VARIOUS INSTITUTIONS	73,250
2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,068,032

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,068,032

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,068,032

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

16,020

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,052,012

Minimum investment return. Enter 5% of line 5..................

52,601

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

52,601

Tax on investment income for 2015 from Part VI, line 5......

289

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

289

Distributable amount before adjustments. Subtract line 2c from line 1............

52,312

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

52,312

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

52,312

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

76,839

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

76,839

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).................

289

Adjusted qualifying distributions. Subtract line 5 from line 4..............

76,550

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)

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					52,312
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				5,297
b Total for prior years:2013, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	0
b From 2011......	0
c From 2012......	0
d From 2013......	0
e From 2014......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2015 from Part
XII, line 4: $ 76,839
a Applied to 2014, but not more than line 2a				5,297
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.....					52,312
e Remaining amount distributed out of corpus		19,230
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		19,230
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		19,230
10 Analysis of line 9:
a Excess from 2011....	0
b Excess from 2012....	0
c Excess from 2013....	0
d Excess from 2014....	0
e Excess from 2015....	19,230

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

SCHOLARSHIP MANAGEMENT SERVICES - C
ONE SCHOLARSHIP WAY
SAINT PETER,MN56082
(507) 931-8205

bThe form in which applications should be submitted and information and materials they should include:

SEE ATTACHED FORM

cAny submission deadlines:

POSTMARK DEADLINE MAY 20

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

GRADUATING SENIORS OF MEADVILLE AREA SENIOR HIGH SCHOOL BASED UPON ACADEMIC STANDING AND FINANCIAL NEED

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
OLIVET NAZARENE UNIVERSITY 1 UNIVERSITY AVE BOURBONNAIS,IL60914	NONE	PC	ISSUED SCHOLARSHIP TO 1	4,593
WEST VIRGINIA WESLEYAN COLLEGE 59 COLLEGE AVE BUCKHANNON,WV26201	NONE	PC	ISSUED SCHOLARSHIP TO 1	3,260
SLIPPERY ROCK UNIVERSITY OF PENNSYLVANIA 1 MORROW WAY SILPPERY ROCK,PA16057	NONE	PC	ISSUED SCHOLARSHIP TO 1	5,302
PENN STATE BEHREND 4701 BEHREND COLLEGE DRIVE ERIE,PA16563	NONE	PC	ISSUED SCHOLARSHIP TO 1	4,235
GROVE CITY COLLEGE 100 CAMPUS DR GROVE CITY,PA16127	NONE	PC	SCHOLARSHIP FOR 1	4,362
GANNON UNIVERSITY 109 UNIVERSITY SQUARE ERIE,PA16501	NONE	PC	SCHOLARSHIPS FOR 2	29,158
VILLANOVA UNIVERSITY 800 LANCASTER AVE VILLANOVA,PA19085	NONE	PC	SCHOLARSHIP FOR 1	11,655
PENNSYLVANIA STATE UNIVERSITY UNIVERSITY PARK STATE COLLEGE,PA16801	NONE	PC	ISSUED SCHOLARSHIP TO 3	10,685
Total ................................. 3a				73,250

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	23,852
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	15,709
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)..				39,561

13Total. Add line 12, columns (b), (d), and (e)..................

1339,561

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	335,834	335,109
MUTUAL FUNDS - EQUITY	AT COST	283,952	293,424

Description	Amount
TAX COST ADJUSTMENT	48
ROUNDING ADJ FOR SALES AND TRANSACTIONS	5
ADJUSTMENT FOR WASH SALES	887

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
MAP MANAGEMENT FEES	923	923	0
GRANTMAKING FEES	1,150	0	1,150
ADR SERVICE FEES	1	1	0

Category	Amount	Net Investment Income
FOREIGN TAXES	12	12
FEDERAL TAX PAYMENT - PRIOR YE	1,300	0
FEDERAL ESTIMATES - PRINCIPAL	1,300	0