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 12-01-2015 , and ending 11-30-2016
Name of foundation
VALENTI CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)875 NORTH MICHIGAN AVENUE NO 3100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60611
A Employer identification number

36-3155159
B Telephone number (see instructions)

(312) 794-7890
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,412,103J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 62,382 62,382  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 117,973
b Gross sales price for all assets on line 6a 721,387
7 Capital gain net income (from Part IV, line 2)... 117,973
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 180,355 180,355 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,241 4,241 0 0
b Accounting fees (attach schedule)....... Click to see attachment 4,600 0 0 4,600
c Other professional fees (attach schedule).... Click to see attachment 26,578 26,094 0 484
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,443 1,443 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,485 0 0 1,485
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,347 31,778 0 6,569
25 Contributions, gifts, grants paid....... 152,500 152,500
26 Total expenses and disbursements. Add lines 24 and 25 190,847 31,778 0 159,069
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -10,492
b Net investment income (if negative, enter -0-) 148,577
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 79,297 58,796 58,796
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 112,000 Click to see attachment138,492 132,016
b Investments—corporate stock (attach schedule)....... 1,396,561 Click to see attachment1,360,599 1,657,497
c Investments—corporate bonds (attach schedule)....... 640,728 Click to see attachment660,207 563,794
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,228,586 2,218,094 2,412,103
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 2,228,586 2,218,094
30 Total net assets or fund balances (see instructions)..... 2,228,586 2,218,094
31 Total liabilities and net assets/fund balances (see instructions). 2,228,586 2,218,094
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,228,586
2
Enter amount from Part I, line 27a .....................
2
-10,492
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,218,094
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
2,218,094
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 44. ADR SANDS CHINA LTD UNSPONSORED ADR   2015-05-22 2016-01-26
b 50000 . J P MORGAN CHASE & CO 1.125 DUE 02-26-2016   2015-03-12 2016-02-26
c 475. #REORG/BAXALTA INC COM CASH AND STOCK MERGER SHIRE PLC 282   2016-02-17 2016-06-03
d .5 FORTIVE CORP COM MON STOCK   2015-07-07 2016-07-05
e .4 SHIRE PHARMACEUTICALS GROUP PLC SPONSORE   2016-06-03 2016-07-13
82. ARM HLDGS PLC SPONSORED ADR   2016-02-11 2016-09-22
. ADR AIR LIQUIDE ADR   2016-02-11 2016-10-21
636. BANCO BILBAO RIGHT 12-31 -2049   2016-10-31 2016-11-04
251. ADR COLOPLAST A/S ADR   2016-01-15 2016-11-28
7. COSTCO WHSL CORP NEW   2012-08-30 2015-12-09
109. ADR UNICHARM CORP SPONSORED ADR   2013-04-19 2016-01-08
34. ADR UNICHARM CORP SPONSORED ADR   2013-04-19 2016-01-11
1082. ADR UNICHARM CORP SPONSORED ADR   2013-04-19 2016-01-12
107 . ADR SANDS CHINA LTD UNSPONSORED ADR   2014-05-16 2016-01-26
35. AMERICAN EXPRESS CO   2014-02-03 2016-02-10
140. NOVO NORDISK A S ADR   2013-06-12 2016-02-11
1. ADR DASSAULT SYS S A SPONSORED ADR   2013-04-19 2016-02-16
100. CVS CORP   2014-02-03 2016-02-17
19. ADR DASSAULT SYS S A SPONSORED ADR   2013-04-19 2016-02-17
100. GILEAD SCIENCES INC   2012-08-29 2016-02-17
50. MFC ISHARES TR RUSSELL 2000 GROWTH INDEXFD   2011-06-09 2016-02-17
50. J P MORGAN CHASE & CO   2014-02-03 2016-02-17
75. STARBUCKS CORP   2011-06-03 2016-02-17
100. WELLS FARGO & CO NEW   2014-02-03 2016-02-17
66. TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR   2013-04-19 2016-02-23
1002 . ADR ICLCI BK LTD   2013-04-19 2016-02-25
55. CELGENE CORP   2011-06-03 2016-03-03
367. GILEAD SCIENCES INC   2012-08-30 2016-03-03
647. BG PLC ADR FIN INST N   2014-12-05 2016-03-07
294. ADR ITAU UNIBANCO HLDG SA SPONSORED ADR REPSTG 500 PFD PFT   2013-10-10 2016-03-29
42. ADR CSL LTD SPONSORED ADR   2013-04-19 2016-04-01
47. IMPERIAL OIL LTD NEW   2013-04-19 2016-04-11
67. IMPERIAL OIL LTD NEW   2013-04-19 2016-04-12
584. SVENSKA HANDELSBANKEN AB   2013-04-19 2016-04-15
1. ADR KONE OYJ ADR   2015-02-05 2016-05-24
96. ADR KONE OYJ ADR   2015-02-05 2016-05-25
12. AML UNICHARM CORP SPONSORED ADR   2012-08-10 2016-05-25
1191. AIL UNICHARM CORP SPONSORED ADR   2012-08-10 2016-05-26
62. AD-R AIR LIQUIDE ADR   2013-04-19 2016-06-08
10. ARM HLDGS .PLC SPONSORED ADR   2013-04-19 2016-06-08
5. ADR DASSAULT SYS S A SPONSORED ADR   2013-04-19 2016-06-08
5. SAP AKTIENGESELLSCHAFT SPONSORED ADR   2014-08-29 2016-06-08
11. SYSMEX CORP ADR   2013-04-19 2016-06-08
70. ADR AIR LIQUIDE ADR   2013-04-19 2016-06-09
8068.43 PIMCO FDS PAC INVT MGMT SER HIGH YIELD FD INSTL CL   2012-02-14 2016-06-15
111. SYSMEX CORP ADR   2013-04-19 2016-06-23
165. AMERICAN EXPRESS CO   2014-02-03 2016-06-28
25. EATON CORP PLC COM USD0.50   2012-12-03 2016-07-12
95. .CELGENE CORP   2011-06-03 2016-07-13
247. ALLJANZ AKTIENGESELLSCHAFT SPONSORED ADR REPSTG 1/10 SH   2013-04-19 2016-07-19
17. ADR WPP PLC ADR DR EACH REPR 5 SHS   2013-04-19 2016-07-19
75000. CATERPILLAR INC 5.70 5.7 DUE 08-15-2016 EEO   2009-07-13 2016-08-15
106. MONDELEZ INTL INC COM   2014-02-03 2016-08-24
173 , ARM HLDGS PLC SPONSORED ADR   2013-04-19 2016-08-31
15. ARM HLDGS PLC SPONSORED ADR   2012-08-01 2016-09-22
.28 ADVANSIX INC COM   2014-02-03 2016-10-03
272. AMERIPRISE FINANCIAL INC   2002-02-03 2016-10-03
230. BOEING CO   2014-02-03 2016-10-03
300. CVS CORP   2012-03-28 2016-10-03
100. COMCAST CORP NEW CL A   2012-08-30 2016-10-03
100.DANAHER CORP   2015-07-07 2016-10-03
100. HOME DEPOT INC   2015-03-24 2016-10-03
746. MFC ISHARES TR RUSSELL 2000 GROWTH INDEXFD   2011-06-09 2016-10-03
LLL LAUDER ESTEE COS INC CL A   2010-04-08 2016-10-03
200. STARBUCKS CORP   2015-07-15 2016-10-03
250. WELLS FARGO & CO   2014-02-03 2016-10-03
621. NOBLE CORP PLC COMMON STOCK   2014-02-03 2016-10-03
296. CHECK POINT SOFTWARE TECH ORD   2014-02-03 2016-10-03
79.TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR   2014-01-15 2016-10-11
.1 ADR ITAU UNIBANCO HLDG SA SPONSORED ADR REPSTG 500 PFD PF   2013-10-10 2016-10-18
376. ADR MTN GROUP LTD   2014-05-16 2016-10-21
174. ADR KONE OYJ ADR   2015-02-05 2016-11-01
.67 FANUC CORPORATION   2013-10-16 2016-11-08
.71 ADR ANHEUSER BUSCH INBEV   2013-04-19 2016-11-16
113. TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR   2014-01-15 2016-11-17
306. ADR COLOPLAST A/S ADR   2015-09-29 2016-11-28
1. ESC MNLEHMAN BRTHRS HLDGRR 5.750%   2010-02-05 2016-03-31
1. ESC MNLEHMAN BRTHRS HLDGRR 5.750%   2010-02-05 2016-06-16
1. ESC MNLEHMAN BRTHRS HLDGRR 5.750%   2010-02-05 2016-10-06
CAPITAL GAIN DISTRIBUTIONS      
(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 1,305   1,868 -563
b 50,000   50,153 -153
c 22,062   18,977 3,085
d 25   21 4
e 67   77 -10
5,465   3,535 1,930
275     275
57   57 0
1,586   1,972 -386
1,133   692 441
394   448 -54
123   140 -17
3,817   4,370 -553
3,172   8,568 -5,396
1,843   2,906 -1,063
6,716   4,713 2,003
75   59 16
9,777   4,550 5,227
1,452   1,114 338
8,912   2,894 6,018
6,040   4,521 1,519
2,938   2,723 215
4,276   1,322 2,954
4,814   4,456 358
1,545   1,236 309
5,169   9,095 -3,926
5,640   1,630 4,010
32,181   10,581 21,600
9,829   11,160 -1,331
2,556   3,647 -1,091
1,619   1,301 318
1,469   1,824 -355
2,116   2,472 -356
3,635   3,549 86
22   23 -1
2,142   2,203 -61
46   46 0
4,489   3,437 1,052
1,327   1,381 -54
434   398 36
391   293 98
407   390 17
407   186 221
1,496   1,559 -63
68,501   74,714 -6,213
3,823   1,472 2,351
9,506   10,566 -1,060
1,577   1,172 405
9,746   2,815 6,931
3,398   3,386 12
1,844   1,357 487
75,000   79,191 -4,191
4,585   3,405 1,180
11,463   5,547 5,916
1,000   397 603
4   3 1
27,391   27,712 -321
30,338   28,370 1,968
26,288   13,588 12,700
6,588   3,376 3,212
7,827   6,464 1,363
12,809   9,990 2,819
110,383   67,451 42,932
9,713   3,546 6,167
10,734   11,000 -266
10,937   9,712 1,225
3,769   19,977 -16,208
22,938   18,971 3,967
2,426   1,471 955
1   1 0
2,804   7,358 -4,554
3,944   3,992 -48
12   12 0
7,258   5,721 1,537
3,340   1,998 1,342
1,933   2,132 -199
519     519
761     761
1,290     1,290
13,693     13,693
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       -563
b       -153
c       3,085
d       4
e       -10
      1,930
      275
      0
      -386
      441
      -54
      -17
      -553
      -5,396
      -1,063
      2,003
      16
      5,227
      338
      6,018
      1,519
      215
      2,954
      358
      309
      -3,926
      4,010
      21,600
      -1,331
      -1,091
      318
      -355
      -356
      86
      -1
      -61
      0
      1,052
      -54
      36
      98
      17
      221
      -63
      -6,213
      2,351
      -1,060
      405
      6,931
      12
      487
      -4,191
      1,180
      5,916
      603
      1
      -321
      1,968
      12,700
      3,212
      1,363
      2,819
      42,932
      6,167
      -266
      1,225
      -16,208
      3,967
      955
      0
      -4,554
      -48
      0
      1,537
      1,342
      -199
      519
      761
      1,290
      13,693
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 2 117,973
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 177,527 2,617,767 0.067816
2013 187,963 2,758,552 0.068138
2012 165,715 2,646,386 0.062619
2011 100,373 2,540,181 0.039514
2010 88,851 2,650,852 0.033518
2
Total of line 1, column (d) .....................
20.271605
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
0.054321
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
2,461,847
5
Multiply line 4 by line 3......................
5
133,730
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,486
7
Add lines 5 and 6........................
7
135,216
8
Enter qualifying distributions from Part XII, line 4.............
8
159,069
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 1,486
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 1,486
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 1,486
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 1,867
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 1,867
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 381
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet381 RefundedBullet 11 0
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)
    bulletIL
    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 ofbulletCHRISTOPHER P VALENTI Telephone no.bullet (312) 794-7890

    Located atbullet875 NORTH MICHIGAN AVENUE SUITE3100CHICAGOIL ZIP+4bullet60611
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JOSEPH E VALENTI JR TRUSTEE
    0.10     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    THOMAS VALENTI TREASURER
    0.10     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    JAMES VALENTI TRUSTEE
    0.10     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    MARCELLINE H VALENTI TRUSTEE
    0.10     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    CONSTANCE V TRACY VICE-PRESIDENT
    0.10     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    LISA V BURKE TRUSTEE
    0.10     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    CHRISTOPHER P VALENTI VICE-PRESIDENT, SECRETARY
    10.00     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    MEGHAN T MANCHON TRUSTEE
    0.10     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    MARK T VALENTI TRUSTEE
    0.10     		0 0 0
    C/O VALENTI CHARITABLE FOUNDATION
    875 N MICHIGAN AVE SUITE 3100
    CHICAGO,IL60611
    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 NOT APPLICABLE 0
    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 NOT APPLICABLE 0
    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
    2,416,621
    b
    Average of monthly cash balances.......................
    1b
    82,716
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,499,337
    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
    2,499,337
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    37,490
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,461,847
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    123,092
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    123,092
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,486
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,486
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    121,606
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    121,606
    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
    121,606
    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
    159,069
    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
    159,069
    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
    1,486
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    157,583
    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 7 121,606
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012...... 34,818
    d From 2013...... 52,181
    e From 2014...... 47,963
    fTotal of lines 3a through e........ 134,962
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 159,069
    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..... 121,606
    e Remaining amount distributed out of corpus 37,463
    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 5 172,425
    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 ......     		172,425
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 34,818
    c Excess from 2013.... 52,181
    d Excess from 2014.... 47,963
    e Excess from 2015.... 37,463
    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).)
    CHRISTOPHER P VALENTI
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BIG SHOULDERS FUND
    309 W WASHINGTON SUITE 550
    CHICAGO,IL60606     		NONE PC CHARITABLE PURPOSES 142,500
    CHRIST THE KING SCHOOL
    5088 WEST JACKSON BLVD
    CHICAGO,IL60644     		NONE PC CHARITABLE PURPOSES 5,000
    CRISTO REY JESUIT HIGH SCHOOL
    1852 W 22ND PL
    CHICAGO,IL60608     		NONE PC CHARITABLE PURPOSES 5,000
    Total .................................bullet 3a 152,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 62,382  
    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 ............     		    14 117,973  
    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).. 0 180,355 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13180,355
    (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.)
    8 NOT APPLICABLE
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    VALENTI CHARITABLE FOUNDATION
    EIN:
    36-3155159
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RSM ACCOUNTING FEES 4,600 0 0 4,600

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    VALENTI CHARITABLE FOUNDATION
    EIN:
    36-3155159
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CATERPILLAR INC 0 0
    JPMORGAN CHASE & CO 0 0
    GENERAL ELEC CAP CORP MEDIUM TERM 54,125 51,245
    INTERNATIONAL BUSINESS MACHINES CORP 5.7% 55,419 52,371
    MFB NORTHERN FDS FIXED INCOME FD 129,022 125,211
    MFB NORTHERN FDS SHORT BD FD 59,937 59,526
    MFO PIMCO FDS PAC INV MGMT SER HIGH YIELD FD 130,404 123,201
    ROYAL BK CDA GLOBAL MEDIUM TERM SR BK 25,501 25,199
    MFC FLEXSHARES DISCIPLINED DURATION 25,151 24,330
    ESC MNLEHMAN BROTHERS HLDGRR 77,063 4,425
    MFB NORTHERN FDS FIXED INCOME FD 30,000 28,966
    MFB NORHTERN HIGH YIELD FIXED INCOME FUND 73,585 69,320

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    VALENTI CHARITABLE FOUNDATION
    EIN:
    36-3155159
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC COM 23,223 29,731
    AMERICAN EXPRESS CO 0 0
    AMRIPRISE FINANCIAL INC 0 0
    APPLE INC 30,912 33,488
    BAXTER INTL INC COMMON STOCK 13,750 13,350
    BIOGEN INC COMMON STOCK 14,405 14,704
    BOEING CO 0 0
    CELGENE CORP COM 2,964 11,851
    CHEVRON CORP COM 20,282 22,528
    COGNIZANT TECHNOLOGY SOLUTIONS CORP 7,562 16,304
    COMCAST CORP NEW-CL A 7,090 14,597
    COSTCO WHOLESALE CORP NEW COM 11,336 17,263
    CVS HEALTH CORP 14,087 23,913
    DANAHER CORP COMMON STOCK 19,068 23,060
    DUKE ENERGY CORP 10,036 10,448
    EATON CORP PLC 6,937 9,843
    ESTEE LAUDER COMPANIES INC 0 0
    EXPRESS SCRIPTS HOLDING 17,587 24,433
    EXXON MOBILE CORP 20,086 21,132
    FACEBOOK INC CL AS 14,220 27,237
    GILEAD SCIENCES INC 3,739 9,581
    HOME DEPOT INC. 8,053 20,944
    HONEYWELL INTL INC 13,894 17,993
    INTERCONTINENTAL EXCHANGE INC 19,552 20,775
    JPMORGAN CHASE & CO 32,599 56,119
    MASTERCARD INC 13,780 32,602
    MONDELEZ INTL INC 13,172 16,908
    NIKE INC CL B 7,066 13,118
    ORACLE CORP 8,378 10,650
    SALESFORCE COM 24,114 26,136
    SCHLUMBERGER LTD 23,684 27,820
    SCHWAB CHARLES CORP 10,229 22,539
    STARBUCKS CORP 9,416 23,404
    TEXAS INSTRUMENTS INC 14,078 25,062
    TJX COS INC 4,077 19,807
    WALT DISNEY CO 17,779 16,355
    WELLS FARGO & CO 21,377 33,526
    ZIMMER BIOMET HLDGS 24,868 20,881
    FORTIVE CORP 8,293 10,847
    MASCO CORP 16,530 19,465
    MFB NORTHERN MID CAP INDEX FD 147,443 149,746
    MICROCHIP TECHNOLOCY INC 13,334 21,426
    RED HAT INC 9,988 11,867
    ROBERT HALF INTL INC 9,033 10,371
    ROCKWELL AUTOMATION 10,095 16,809
    MFC ISHARES TR CORE S&P SMALL-CAP ETF 98,822 106,824
    NOBLE CORP PLC 0 0
    SHIRE PLC ADR 13,435 12,222
    CHECK POINT SOFTWARE TECHNOLOGIES 0 0
    ADVANSIX INC 71 112
    MFO DFA INVT DIMENSIONS GROPU INC REAL ESTATE SECS PORT 173,773 175,654
    SANDS CHINA LTD 0 0
    SCHLUMBERGER LTD 9,558 10,842
    SYMRISE AG ADR 4,584 5,074
    UNICHARM CORP 0 0
    BUNGE LIMITED 8,548 8,794
    CSL LTD SPONSORED ADR 4,091 6,962
    ANHEUSER BUSCH INBEV SA/NV 0 98
    CANADIAN NATL RY CO 6,233 9,958
    IMPERIAL OIL LIMITED COM 0 0
    COLOPLAST A/S 0 0
    NOVO-NORDISK A S 0 0
    KONE OYJ 0 0
    AIR LIQUIDE ADR 9,701 9,268
    DASSAULT SYS S A SPONSORD ADR 9,566 15,894
    LOREAL CO ADR 8,614 10,739
    LVMH MOET HENNESSY LOUIS VUITTON ADR 4,366 5,003
    ALLIANZ SE ADR 8,785 10,756
    BAYER A G SPONSORED ADR 13,385 11,902
    BAYERISCHE MOTOREN 8,349 7,298
    FRESENIUS MEDICAL CARE AG 8,144 8,922
    FUCHS PETROLUB SE 5,724 4,718
    LINDE AG-SPONSORED 6,467 6,151
    SAP SE-SPONSORED 9,713 13,482
    AIA GROUP LTD 10,724 16,306
    TENARIS A 4,198 5,163
    FANUC CORPORATION 16,203 18,040
    JGC CORP 8,736 5,108
    KUBOIA CORP 4,537 4,722
    MITSUBISHI ESTATE LTD 6,476 4,447
    MONOTARO CO 2,016 3,802
    PARK24 CO 5,091 5,403
    SYSMEX CORP 2,857 8,257
    DBS GROUP HLDGS LTD 7,836 7,958
    BANCO BILBAO VIZCAYA 13,199 10,447
    GRIFOLS S A 4,194 3,720
    ALFA LAVAL AB 4,461 4,212
    ATLAS COPCO AB 5,809 7,444
    SVENSKA HANDELSBANKEN 0 0
    NESTLE S A 13,514 14,671
    ROCHE HLDG LTD 14,842 15,546
    SONOVA HLDG AG 3,591 4,358
    ARM HLDS PLC 0 0
    BBA AVIATION PLC 2,116 2,339
    BG PLC ADR 0 0
    ROYAL DUTCH SHELL PLC 12,035 14,138
    SHIRE PLC ADR 4,391 4,365
    UNILEVER PLC 6,309 6,614
    WPP PLC 7,652 12,218
    IIAU UNIBANCO HLDG 6,180 7,065
    BAIDU INC 15,649 15,693
    ICICI BK 0 0
    CHECK POINT SOFTWARE TECHNOLOGIES 6,960 7,410
    GRUPO TELEVISA SA DE CV 3,888 3,012
    ASPEN PHARMACARE HLDGS 4,020 3,841
    MTN GROUP 0 0
    NASPERS LTD 8,120 9,709
    SASOL LTD 5,628 3,759
    TAIWAN SEMICONDUCTOR MFG CO 7,555 15,023
    TURKIYE GARANTI BANKASI 8,249 3,401
    ADR COLOPLAST 3,518 0

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    VALENTI CHARITABLE FOUNDATION
    EIN:
    36-3155159
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

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


    138,492
    State & Local Government Securities - End of Year Fair Market Value:


    132,016


    TY 2015 LegalFeesSchedule
    Name:
    VALENTI CHARITABLE FOUNDATION
    EIN:
    36-3155159
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 4,241 4,241 0 0


    TY 2015 OtherExpensesSchedule
    Name:
    VALENTI CHARITABLE FOUNDATION
    EIN:
    36-3155159
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VALENTI SCHOLARS 1,485 0 0 1,485


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    VALENTI CHARITABLE FOUNDATION
    EIN:
    36-3155159
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUST FEES 26,563 26,079 0 484
    REGISTRATION AND FILING FEES 15 15 0 0


    TY 2015 TaxesSchedule
    Name:
    VALENTI CHARITABLE FOUNDATION
    EIN:
    36-3155159
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX EXPENSE 1,443 1,443 0 0