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 11-01-2015 , and ending 10-31-2016

Name of foundation
HANGER WILLIAM A CHAR TR UW

Number and street (or P.O. box number if mail is not delivered to street address)C/O PNC BANK NA PO BOX 609
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152309738

A Employer identification number

61-6114573

B Telephone number (see instructions)

(216) 257-4714

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

$17,052,335J 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...	381,286		381,286
5a	Gross rents............	29,259		29,259
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-199,462
b	Gross sales price for all assets on line 6a 6,725,854
7	Capital gain net income (from Part IV, line 2)...			0
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........	211,083		410,545
13	Compensation of officers, directors, trustees, etc.	119,695		59,847		59,847
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).......		615	0	0	615
c	Other professional fees (attach schedule)....		200			200
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		117,979	2,229		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).......		9,153	9,153
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	247,642		71,229	0	60,662
25	Contributions, gifts, grants paid.......	903,630				903,630
26	Total expenses and disbursements. Add lines 24 and 25	1,151,272		71,229	0	964,292
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-940,189
b	Net investment income (if negative, enter -0-)			339,316
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.........	305,997	207,070	207,070
	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).......	10,677,603	6,564,222	7,712,870
	c	Investments—corporate bonds (attach schedule).......	5,237,534	649,622	722,095
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	51,557	7,919,201	8,410,300
	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)	16,272,691	15,340,115	17,052,335
	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........	16,272,691	15,253,737
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds		86,378
	30	Total net assets or fund balances (see instructions).....	16,272,691	15,340,115
	31	Total liabilities and net assets/fund balances (see instructions).	16,272,691	15,340,115

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

16,272,691

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

-940,189

Other increases not included in line 2 (itemize) bullet

7,626

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

15,340,128

Decreases not included in line 2 (itemize) bullet

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

15,340,115

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	158.87 FEDERAL NATL MTG ASSN POOL 602911		2005-02-11	2015-11-30
b	541.5 FEDERAL NATL MTG ASSN POOL 868341		2006-03-22	2015-11-30
c	24.64 GOVERNMENT NATL MTG ASSN POOL 605734		2005-02-11	2015-11-30
d	22.59 GOVT NATL MTG ASSN I POOL 550617		2006-03-22	2015-11-30
e	53.28 GOVERNMENT NATL MTG ASSN POOL 650715		2006-03-22	2015-11-30
	551. AETNA INC NEW		2015-03-31	2015-12-23
	1648. ALLSTATE CORP		2015-03-31	2015-12-23
	40. ALTRIA GROUP INC		2015-03-31	2015-12-23
	14. AMERIPRISE FINANCIAL INC		2015-03-31	2015-12-23
	16. AMGEN INC		2015-03-31	2015-12-23
	49. APPLE INC		2010-02-17	2015-12-23
	652. BECTON DICKINSON & CO		2015-03-31	2015-12-23
	736. BERKSHIRE HATHAWAY INC CLASS B		2015-03-31	2015-12-23
	5. BOEING CO		2015-03-31	2015-12-23
	503. CIGNA CORP		2015-03-31	2015-12-23
	25. CVS CAREMARK CORP		2015-03-31	2015-12-23
	115. CISCO SYS INC COM		2015-03-31	2015-12-23
	24. CINTAS CORP		2015-08-18	2015-12-23
	37. COMCAST CORPORATION CL A		2013-03-07	2015-12-23
	1731. CONOCOPHILLIPS		2015-03-31	2015-12-23
	331. CONSTELLATION BRANDS INC CL A		2015-03-31	2015-12-23
	406. DISNEY WALT CO		2015-03-31	2015-12-23
	36. DOW CHEMICAL CO		2015-08-18	2015-12-23
	23. DR PEPPER SNAPPLE GROUP INC		2015-08-18	2015-12-23
	29. EDWARDS LIFESCIENCES CORP		2015-08-18	2015-12-23
	31. EXXON MOBIL CORP		1979-03-27	2015-12-23
	19. FOOT LOCKER INC		2015-03-31	2015-12-23
	13. GENERAL DYNAMICS CORP		2015-08-18	2015-12-23
	61. GENERAL ELEC CO COM		1982-01-04	2015-12-23
	559. GOLDMAN SACHS GROUP INC COM		2015-08-18	2015-12-23
	1822. HCA HOLDINGS INC		2015-03-31	2015-12-23
	1996.008 HARBOR FD INTL FD			2015-12-23
	16. HONEYWELL INTL INC		2015-08-18	2015-12-23
	28. JOHNSON & JOHNSON COM		1996-01-11	2015-12-23
	1122. KROGER CO		2015-03-31	2015-12-23
	19. L BRANDS INC		2015-03-31	2015-12-23
	42. LINCOLN NATIONAL CORP		2015-03-31	2015-12-23
	4. LOCKHEED MARTIN CORP		2015-03-31	2015-12-23
	2337. MAGNA INTERNATIONAL ISIN CA5592224011		2015-03-31	2015-12-23
	671. MCKESSON HBOC INC COMMN		2015-03-31	2015-12-23
	9. NIKE INC CL B		2015-08-18	2015-12-23
	13. NORTHROP GRUMMAN CORPORATION		2015-08-18	2015-12-23
	18. PPG INDS INC COM		2015-03-31	2015-12-23
	1163. ST JUDE MEDICAL INC		2015-03-31	2015-12-23
	25. SCHLUMBERGER LTD COM		2015-03-31	2015-12-23
	21. SKYWORKS SOLUTIONS INC COM		2015-03-31	2015-12-23
	478. SNAP-ON INC COM			2015-12-23
	19. STANLEY BLACK & DECKER INC		2015-08-18	2015-12-23
	14. TRACTOR SUPPLY CO COM		2015-08-18	2015-12-23
	44. VERIZON COMMUNICATIONS COM		2015-03-31	2015-12-23
	25. VISA INC CLASS A SHARES		2015-03-31	2015-12-23
	1938. VOYA FINL INC COM		2015-03-31	2015-12-23
	28. WEC ENERGY GROUP INC		2015-03-31	2015-12-23
	56. WELLS FARGO & CO NEW COM		1993-09-15	2015-12-23
	100. WYNDHAM WORLDWIDE CORP		2015-03-31	2015-12-23
	8. ACCENTURE PLC CLASS A SEDOL B4BNMY3		2015-08-18	2015-12-23
	64. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2015-03-31	2015-12-23
	22. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2015-03-31	2015-12-23
	14. CHECK POINT SOFTWARE COM		2015-03-31	2015-12-23
	909. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2015-03-31	2015-12-23
	1615. FEDERAL NATL MTG ASSN POOL 602911		2005-02-11	2015-12-24
	20477. FEDERAL NATL MTG ASSN POOL 868341		2006-03-22	2015-12-24
	9283. GOVERNMENT NATL MTG ASSN POOL 605734		2005-02-11	2015-12-24
	11178. GOVT NATL MTG ASSN I POOL 550617		2006-03-22	2015-12-24
	20946. GOVERNMENT NATL MTG ASSN POOL 650715		2006-03-22	2015-12-24
	27906.977 VANGUARD GNMA FUND ADMIRAL SHARES		2009-10-27	2016-02-08
	9337.068 VANGUARD GNMA FUND ADMIRAL SHARES		2015-08-19	2016-02-08
	17. AETNA INC NEW		2015-03-31	2016-04-12
	27. ALASKA AIR GROUP INC		2015-12-23	2016-04-12
	8. ALPHABET INC/CA-CL A		2015-12-23	2016-04-12
	58. ALTRIA GROUP INC		2015-03-31	2016-04-12
	29. AMERICAN ELECTRIC POWER INC		2015-12-23	2016-04-12
	13. AMERIPRISE FINANCIAL INC		2015-03-31	2016-04-12
	25. AMGEN INC		2015-03-31	2016-04-12
	663. APPLE INC		2010-02-17	2016-04-12
	15329.381 ARTISAN MID CAP VALUE FUND FD 1464			2016-04-12
	571. BOEING CO		2015-03-31	2016-04-12
	19. CIGNA CORP		2015-03-31	2016-04-12
	37. CVS CAREMARK CORP		2015-03-31	2016-04-12
	36. CELANESE CORP-SERIES A		2015-12-23	2016-04-12
	173. CISCO SYS INC COM		2015-03-31	2016-04-12
	39. CINTAS CORP		2015-08-18	2016-04-12
	64. COMCAST CORPORATION CL A		2013-03-07	2016-04-12
	27. CONSTELLATION BRANDS INC CL A		2015-03-31	2016-04-12
	77. D R HORTON INC		2015-12-23	2016-04-12
	41. DISNEY WALT CO		2015-03-31	2016-04-12
	48. DOW CHEMICAL CO		2015-08-18	2016-04-12
	44. DR PEPPER SNAPPLE GROUP INC		2015-08-18	2016-04-12
	50. EDWARDS LIFESCIENCES CORP		2015-08-18	2016-04-12
	39. EXXON MOBIL CORP		1979-03-27	2016-04-12
	26511.135 FIDELITY ADVISOR FLOATING HIGH INCOME FUND I		2010-02-17	2016-04-12
	45. FOOT LOCKER INC		2015-03-31	2016-04-12
	17. GENERAL DYNAMICS CORP		2015-08-18	2016-04-12
	73. GENERAL ELEC CO COM		1982-01-04	2016-04-12
	19. GILEAD SCIENCES INC COM		2015-12-23	2016-04-12
	9262.69 GOLDMAN SACHS GRTH OPPOR INSTIT CLASS		2013-03-13	2016-04-12
	1669.728 HARBOR FD INTL FD			2016-04-12
	35. HOME DEPOT INC COM		2015-12-23	2016-04-12
	38. HONEYWELL INTL INC		2015-08-18	2016-04-12
	4200. ISHARES CORE MSCI EAFE ETF ETF		2015-08-18	2016-04-12
	88. J P MORGAN CHASE & CO COM		2015-12-23	2016-04-12
	37. JOHNSON & JOHNSON COM		1996-01-11	2016-04-12
	1932. KROGER CO		2015-03-31	2016-04-12
	25. L BRANDS INC		2015-03-31	2016-04-12
	32. LAM RESEARCH CORP		2015-12-23	2016-04-12
	55. LINCOLN NATIONAL CORP		2015-03-31	2016-04-12
	12. LOCKHEED MARTIN CORP		2015-03-31	2016-04-12
	66. MICROSOFT CORP		2015-12-23	2016-04-12
	1840. MONDELEZ INTERNATIONAL		2015-12-23	2016-04-12
	58. NIKE INC CL B		2015-08-18	2016-04-12
	22. NORTHROP GRUMMAN CORPORATION		2015-08-18	2016-04-12
	12. O REILLY AUTOMOTIVE INC		2015-08-18	2016-04-12
	24. PPG INDS INC COM		2015-03-31	2016-04-12
	128. PFIZER INC COM		2015-12-23	2016-04-12
	75. PRINCIPAL FINANCIAL GROUP COM		2015-03-31	2016-04-12
	13. PUBLIC STORAGE INC		2015-12-23	2016-04-12
	53. SCHLUMBERGER LTD COM		2015-03-31	2016-04-12
	845. SKYWORKS SOLUTIONS INC COM		2015-03-31	2016-04-12
	516. SNAP-ON INC COM		2015-03-31	2016-04-12
	975. STANLEY BLACK & DECKER INC		2015-08-18	2016-04-12
	56. TEXAS INSTRS INC COM		2015-12-23	2016-04-12
	19. THERMO ELECTRON CORP COM		2015-12-23	2016-04-12
	46. TOTAL FINA S A		2015-12-23	2016-04-12
	30. TRACTOR SUPPLY CO COM		2015-08-18	2016-04-12
	35. THE TRAVELERS COS INC		2015-12-23	2016-04-12
	16. UNIVERSAL HEALTH SERVICES INC CLASS B		2015-12-23	2016-04-12
	78. VERIZON COMMUNICATIONS COM		2015-03-31	2016-04-12
	30. VISA INC CLASS A SHARES		2015-03-31	2016-04-12
	67. WEC ENERGY GROUP INC		2015-03-31	2016-04-12
	79. WELLS FARGO & CO NEW COM		1993-09-15	2016-04-12
	38. WYNDHAM WORLDWIDE CORP		2015-03-31	2016-04-12
	24. ACCENTURE PLC CLASS A SEDOL B4BNMY3		2015-08-18	2016-04-12
	3058. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2015-03-31	2016-04-12
	50. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2015-03-31	2016-04-12
	28. CHECK POINT SOFTWARE COM		2015-03-31	2016-04-12
	19. AETNA INC NEW		2015-03-31	2016-07-05
	1029. ALASKA AIR GROUP INC		2015-12-23	2016-07-05
	6. ALPHABET INC/CA-CL A		2015-12-23	2016-07-05
	57. ALTRIA GROUP INC		2015-03-31	2016-07-05
	31. AMERICAN ELECTRIC POWER INC		2015-12-23	2016-07-05
	28. AMERICAN WATER WORKS CO INC		2016-04-12	2016-07-05
	582. AMERIPRISE FINANCIAL INC		2015-03-31	2016-07-05
	24. AMGEN INC		2015-03-31	2016-07-05
	906. APPLE INC		2010-02-17	2016-07-05
	16. CIGNA CORP		2015-03-31	2016-07-05
	197. CVS CAREMARK CORP		2015-03-31	2016-07-05
	34. CELANESE CORP-SERIES A		2015-12-23	2016-07-05
	4557. CISCO SYS INC COM		2015-03-31	2016-07-05
	36. CINTAS CORP		2015-08-18	2016-07-05
	62. COMCAST CORPORATION CL A		2013-03-07	2016-07-05
	26. CONSTELLATION BRANDS INC CL A		2015-03-31	2016-07-05
	62. D R HORTON INC		2015-12-23	2016-07-05
	37. DISNEY WALT CO		2015-03-31	2016-07-05
	51. DOW CHEMICAL CO		2015-08-18	2016-07-05
	43. DR PEPPER SNAPPLE GROUP INC		2015-08-18	2016-07-05
	223. EDWARDS LIFESCIENCES CORP		2015-08-18	2016-07-05
	612. EDWARDS LIFESCIENCES CORP		2015-03-31	2016-07-05
	39. EXXON MOBIL CORP		1979-03-27	2016-07-05
	39. FOOT LOCKER INC		2015-03-31	2016-07-05
	17. GENERAL DYNAMICS CORP		2015-08-18	2016-07-05
	597. GENERAL ELEC CO COM		1982-01-04	2016-07-05
	18. GILEAD SCIENCES INC COM		2015-12-23	2016-07-05
	31. HOME DEPOT INC COM		2015-12-23	2016-07-05
	35. HONEYWELL INTL INC		2015-08-18	2016-07-05
	1893. HORMEL FOODS CORP		2016-04-12	2016-07-05
	21. ILLINOIS TOOL WORKS INC COM		2016-04-12	2016-07-05
	84. J P MORGAN CHASE & CO COM		2015-12-23	2016-07-05
	36. JOHNSON & JOHNSON COM		1996-01-11	2016-07-05
	47. KROGER CO		2015-03-31	2016-07-05
	1081. L BRANDS INC		2015-03-31	2016-07-05
	35. LAM RESEARCH CORP		2015-12-23	2016-07-05
	2286. LINCOLN NATIONAL CORP		2015-03-31	2016-07-05
	11. LOCKHEED MARTIN CORP		2015-03-31	2016-07-05
	178. MICROSOFT CORP		2009-12-16	2016-07-05
	639. MICROSOFT CORP		2015-12-23	2016-07-05
	48. NIKE INC CL B		2015-08-18	2016-07-05
	119. NORTHROP GRUMMAN CORPORATION		2015-08-18	2016-07-05
	191. NORTHROP GRUMMAN CORPORATION		2015-03-31	2016-07-05
	13. O REILLY AUTOMOTIVE INC		2015-08-18	2016-07-05
	22. PPG INDS INC COM		2015-03-31	2016-07-05
	117. PFIZER INC COM		2015-12-23	2016-07-05
	2214. PRINCIPAL FINANCIAL GROUP COM		2015-03-31	2016-07-05
	602. PRINCIPAL FINANCIAL GROUP COM		2015-12-23	2016-07-05
	10. PUBLIC STORAGE INC		2015-12-23	2016-07-05
	15. RAYTHEON COMPANY		2016-04-12	2016-07-05
	49. SCHLUMBERGER LTD COM		2015-03-31	2016-07-05
	9. SIMON PROPERTY GROUP INC		2016-04-12	2016-07-05
	49. TEXAS INSTRS INC COM		2015-12-23	2016-07-05
	19. THERMO ELECTRON CORP COM		2015-12-23	2016-07-05
	26. TRACTOR SUPPLY CO COM		2015-08-18	2016-07-05
	285. THE TRAVELERS COS INC		2015-12-23	2016-07-05
	1040. THE TRAVELERS COS INC		2015-03-31	2016-07-05
	26. TYSON FDS INC COM		2016-04-12	2016-07-05
	15. UNIVERSAL HEALTH SERVICES INC CLASS B		2015-12-23	2016-07-05
	72. VERIZON COMMUNICATIONS COM		2015-03-31	2016-07-05
	29. VISA INC CLASS A SHARES		2015-03-31	2016-07-05
	59. WEC ENERGY GROUP INC		2015-03-31	2016-07-05
	78. WELLS FARGO & CO NEW COM		1993-09-15	2016-07-05
	29. WYNDHAM WORLDWIDE CORP		2015-03-31	2016-07-05
	18. ACCENTURE PLC CLASS A SEDOL B4BNMY3		2015-08-18	2016-07-05
	44. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2015-03-31	2016-07-05
	24. CHECK POINT SOFTWARE COM		2015-03-31	2016-07-05
	585. CIGNA CORP		2015-03-31	2016-08-09
	340. CELANESE CORP-SERIES A			2016-08-09
	480. DOW CHEMICAL CO		2015-08-18	2016-08-09
	44574.392 EATON VANCE FLOATING RATE FUND CLASS I			2016-08-09
	15030.06 FIDELITY ADVISOR FLOATING HIGH INCOME FUND I		2013-03-13	2016-08-09
	1540. FOOT LOCKER INC		2015-03-31	2016-08-09
	5795. FORD MTR CO DEL COM PAR $0.01		2016-07-05	2016-08-09
	810. GILEAD SCIENCES INC COM		2015-12-23	2016-08-09
	4734. KINETICS SMALL CAP OPPORTUNITES FUND CL INST		2014-08-27	2016-08-09
	300. PPG INDS INC COM		2015-03-31	2016-08-09
	1050. TRACTOR SUPPLY CO COM		2015-08-18	2016-08-09
	1785. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2015-03-31	2016-08-09
	.4 ADVANSIX INC - W/I		2015-03-31	2016-10-17
	1. ESTATE PROPERTY		2014-01-01	2016-10-31
	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	159	160	-1
b	542	546	-4
c	25	26	-1
d	23	23
e	53	55	-2
	60,752	59,136	1,616
	103,564	116,880	-13,316
	2,324	2,006	318
	1,513	1,834	-321
	2,604	2,577	27
	5,301	1,428	3,873
	101,352	94,608	6,744
	98,468	106,581	-8,113
	717	754	-37
	73,688	65,214	8,474
	2,454	2,593	-139
	3,119	3,170	-51
	2,191	2,134	57
	2,110	1,512	598
	83,953	109,409	-25,456
	47,309	38,600	8,709
	42,788	42,893	-105
	1,878	1,611	267
	2,156	1,904	252
	2,296	2,108	188
	2,467	98	2,369
	1,269	1,201	68
	1,814	1,993	-179
	1,880	74	1,806
	101,414	112,601	-11,187
	126,406	138,790	-12,384
	120,000	117,171	2,829
	1,672	1,700	-28
	2,888	584	2,304
	47,393	43,300	4,093
	1,850	1,808	42
	2,125	2,412	-287
	870	817	53
	97,307	125,830	-28,523
	133,831	153,587	-19,756
	1,157	519	638
	2,465	2,282	183
	1,796	2,018	-222
	71,607	76,551	-4,944
	1,761	2,101	-340
	1,663	2,070	-407
	82,121	72,595	9,526
	2,028	2,012	16
	1,196	1,318	-122
	2,059	2,151	-92
	1,959	1,648	311
	72,618	83,402	-10,784
	1,443	1,386	57
	3,065	374	2,691
	7,301	9,117	-1,816
	830	831	-1
	2,103	2,552	-449
	1,428	1,578	-150
	1,151	1,155	-4
	76,771	91,828	-15,057
	1,680	1,625	55
	21,770	20,661	1,109
	10,240	9,616	624
	12,100	11,339	761
	23,525	21,661	1,864
	300,558	300,000	558
	100,560	100,000	560
	1,854	1,825	29
	2,140	2,222	-82
	6,103	6,111	-8
	3,701	2,908	793
	1,924	1,688	236
	1,222	1,703	-481
	3,960	4,026	-66
	73,128	19,322	53,806
	305,821	350,000	-44,179
	73,887	86,122	-12,235
	2,582	2,463	119
	3,749	3,838	-89
	2,466	2,419	47
	4,767	4,769	-2
	3,501	3,468	33
	3,947	2,615	1,332
	4,234	3,149	1,085
	2,366	2,463	-97
	3,987	4,332	-345
	2,473	2,148	325
	3,985	3,642	343
	5,276	3,635	1,641
	3,290	123	3,167
	244,433	250,000	-5,567
	2,697	2,845	-148
	2,270	2,606	-336
	2,251	89	2,162
	1,845	1,957	-112
	213,505	250,000	-36,495
	100,000	90,421	9,579
	4,700	4,651	49
	4,295	4,038	257
	223,694	244,566	-20,872
	5,208	5,854	-646
	4,052	772	3,280
	71,715	74,559	-2,844
	1,974	2,379	-405
	2,601	2,584	17
	2,152	3,158	-1,006
	2,719	2,451	268
	3,603	3,673	-70
	77,936	83,298	-5,362
	3,394	3,345	49
	4,401	3,862	539
	3,222	3,057	165
	2,710	2,691	19
	4,090	4,176	-86
	3,021	3,830	-809
	3,591	3,218	373
	4,025	4,454	-429
	63,115	83,309	-20,194
	80,676	75,656	5,020
	104,480	103,253	1,227
	3,278	3,158	120
	2,702	2,679	23
	2,165	2,113	52
	2,661	2,825	-164
	4,027	3,940	87
	1,953	1,944	9
	4,044	3,814	230
	2,351	1,977	374
	3,957	3,316	641
	3,768	527	3,241
	2,923	3,464	-541
	2,742	2,494	248
	92,107	121,915	-29,808
	3,134	3,586	-452
	2,400	2,310	90
	2,276	2,039	237
	59,901	84,683	-24,782
	4,241	4,583	-342
	3,937	2,858	1,079
	2,180	1,804	376
	2,351	1,971	380
	51,586	76,250	-24,664
	3,702	3,865	-163
	86,344	26,403	59,941
	2,052	2,074	-22
	18,621	20,434	-1,813
	2,204	2,284	-80
	129,200	125,608	3,592
	3,555	3,201	354
	4,021	2,533	1,488
	4,269	3,032	1,237
	1,967	1,983	-16
	3,617	3,909	-292
	2,511	2,283	228
	4,108	3,559	549
	21,929	16,212	5,717
	60,182	43,966	16,216
	3,637	123	3,514
	2,128	2,466	-338
	2,388	2,606	-218
	18,668	725	17,943
	1,528	1,854	-326
	4,017	4,120	-103
	4,059	3,719	340
	68,347	77,231	-8,884
	2,184	2,196	-12
	5,069	5,588	-519
	4,383	751	3,632
	1,721	1,814	-93
	72,684	102,880	-30,196
	2,891	2,826	65
	86,498	131,271	-44,773
	2,735	2,247	488
	9,055	5,376	3,679
	32,505	35,560	-3,055
	2,660	2,768	-108
	26,352	20,890	5,462
	42,295	30,933	11,362
	3,545	3,311	234
	2,278	2,467	-189
	4,151	3,818	333
	89,247	113,051	-23,804
	24,267	27,454	-3,187
	2,544	2,475	69
	2,015	1,891	124
	3,852	4,118	-266
	1,953	1,877	76
	3,023	2,764	259
	2,811	2,679	132
	2,396	2,448	-52
	33,704	32,083	1,621
	122,989	112,752	10,237
	1,722	1,777	-55
	1,988	1,822	166
	4,057	3,520	537
	2,155	1,911	244
	3,853	2,920	933
	3,639	521	3,118
	2,053	2,644	-591
	2,040	1,870	170
	2,469	3,155	-686
	1,884	1,980	-96
	74,344	75,845	-1,501
	22,347	22,689	-342
	25,561	21,485	4,076
	389,580	399,634	-10,054
	142,184	150,000	-7,816
	89,987	97,366	-7,379
	70,931	73,075	-2,144
	64,049	83,436	-19,387
	172,602	199,964	-27,362
	31,306	33,636	-2,330
	90,068	98,863	-8,795
	105,838	128,011	-22,173
	6	6
	152,918	154,597	-1,679
			104,510

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			-1
b			-4
c			-1
d
e			-2
			1,616
			-13,316
			318
			-321
			27
			3,873
			6,744
			-8,113
			-37
			8,474
			-139
			-51
			57
			598
			-25,456
			8,709
			-105
			267
			252
			188
			2,369
			68
			-179
			1,806
			-11,187
			-12,384
			2,829
			-28
			2,304
			4,093
			42
			-287
			53
			-28,523
			-19,756
			638
			183
			-222
			-4,944
			-340
			-407
			9,526
			16
			-122
			-92
			311
			-10,784
			57
			2,691
			-1,816
			-1
			-449
			-150
			-4
			-15,057
			55
			1,109
			624
			761
			1,864
			558
			560
			29
			-82
			-8
			793
			236
			-481
			-66
			53,806
			-44,179
			-12,235
			119
			-89
			47
			-2
			33
			1,332
			1,085
			-97
			-345
			325
			343
			1,641
			3,167
			-5,567
			-148
			-336
			2,162
			-112
			-36,495
			9,579
			49
			257
			-20,872
			-646
			3,280
			-2,844
			-405
			17
			-1,006
			268
			-70
			-5,362
			49
			539
			165
			19
			-86
			-809
			373
			-429
			-20,194
			5,020
			1,227
			120
			23
			52
			-164
			87
			9
			230
			374
			641
			3,241
			-541
			248
			-29,808
			-452
			90
			237
			-24,782
			-342
			1,079
			376
			380
			-24,664
			-163
			59,941
			-22
			-1,813
			-80
			3,592
			354
			1,488
			1,237
			-16
			-292
			228
			549
			5,717
			16,216
			3,514
			-338
			-218
			17,943
			-326
			-103
			340
			-8,884
			-12
			-519
			3,632
			-93
			-30,196
			65
			-44,773
			488
			3,679
			-3,055
			-108
			5,462
			11,362
			234
			-189
			333
			-23,804
			-3,187
			69
			124
			-266
			76
			259
			132
			-52
			1,621
			10,237
			-55
			166
			537
			244
			933
			3,118
			-591
			170
			-686
			-96
			-1,501
			-342
			4,076
			-10,054
			-7,816
			-7,379
			-2,144
			-19,387
			-27,362
			-2,330
			-8,795
			-22,173

			-1,679

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	-199,462
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	951,153	18,028,956	0.052757
2013	994,465	18,443,811	0.053919
2012	877,632	17,199,092	0.051028
2011	851,843	16,268,181	0.052363
2010	802,490	15,524,863	0.051691

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

20.261758

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 . . .

0.052352

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

16,491,976

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

863,388

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

3,393

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

866,781

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

964,292

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	3,393
	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	3,393
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	3,393
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	139,093
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	139,093
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	135,700
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax1,698	Refunded	11	134,002

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

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(216) 257-4714

Located at bullet

PO BOX 609PITTSBURGHPA ZIP+4 bullet

152309738

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-)
PNC BANK	TRUSTEE 2	44,494
PO BOX 609 PITTSBURGH,PA15222	TRUSTEE 2	44,494
JOSEPH W RITZEL	CO-TRUSTEE 4	33,370
1500 SPRING GARDEN ST PHILADELPHIA,PA19130	CO-TRUSTEE 4	33,370
WILLIAM R HAMM ESQ	CO-TRUSTEE 4	33,370
1500 SPRING GARDEN ST PHILADELPHIA,PA19130	CO-TRUSTEE 4	33,370
REGIONS BANK	TRUSTEE 2	8,461
1901 6TH AVE N BIRIMINGHAM,AL35203	TRUSTEE 2	8,461

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


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

16,743,123

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

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

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

16,743,123

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

16,743,123

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

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

251,147

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

16,491,976

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

824,599

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

824,599

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

3,393

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

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

3,393

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

821,206

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

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

821,206

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

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

821,206

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 ..........

964,292

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

964,292

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

3,393

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

960,899

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					821,206
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				0
b Total for prior years:2013, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	68,533
b From 2011......	48,949
c From 2012......	54,794
d From 2013......	90,100
e From 2014......	144,536
fTotal of lines 3a through e........		406,912
4Qualifying distributions for 2015 from Part
XII, line 4: $ 964,292
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.....					821,206
e Remaining amount distributed out of corpus		143,086
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		549,998
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) ...		68,533
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		481,465
10 Analysis of line 9:
a Excess from 2011....	48,949
b Excess from 2012....	54,794
c Excess from 2013....	90,100
d Excess from 2014....	144,536
e Excess from 2015....	143,086

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 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)

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
SALVATION ARMY BEAVER FALLS CHAPTER BEAVER FALLS,PA15010	NONE	PC	GENERAL USE AND PURPOSES	451,815
AMER RED CROSS FAYETTE CO ATTN TRUST & ESTATES OFFICE OF THE GENERAL COUNSEL WASHINGTON,DC200065009	NONE	PC	GENERAL USE AND PURPOSES	451,815
Total ................................. 3a				903,630

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	381,286
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	-199,462
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)..				181,824

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

13181,824

(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

- TIN:

TY 2015 AccountingFeesSchedule

Name:

HANGER WILLIAM A CHAR TR UW

EIN:

61-6114573

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
REGIONS BANK	615			615

- TIN:

TY 2015 InvestmentsOtherSchedule2

Name:

HANGER WILLIAM A CHAR TR UW

EIN:

61-6114573

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
EQUITIES REGION BANK	AT COST	121,492	137,169
FIXED INCOME REGION BANK	AT COST	163,982	166,244
REAL ESTATE REGION BANK	AT COST	1	10
FIXED INCOME PNC TRUST	AT COST	4,375,000	4,385,616
EQUITY INCOME PNC TRUST	AT COST	3,207,170	3,517,527
OIL & GAS HOLDING REGIONS BANK	AT COST	51,556	203,734

- TIN:

TY 2015 OtherDecreasesSchedule

Name:

HANGER WILLIAM A CHAR TR UW

EIN:

61-6114573

Description	Amount
ADJUSTMENT FOR AMORTIZATION	13

- TIN:

TY 2015 OtherExpensesSchedule

Name:

HANGER WILLIAM A CHAR TR UW

EIN:

61-6114573

Description	Revenue and Expenses per Books	Net Investment Income
DEPLETION FROM REGIONS BANK HO	7,626	7,626
PRODUCTION TAX FROM REGIONS BA	1,452	1,452
OPERATING EXPENSES FROM REGINS	75	75

- TIN:

TY 2015 OtherIncreasesSchedule

Name:

HANGER WILLIAM A CHAR TR UW

EIN:

61-6114573

Description	Amount
POSTED SUBSEQ YR TAXED CURR YR	0
POSTED CURR YR TAXED PRIOR YR	0
ROUNDING ADJUSTMENT	0
DEPLETION ADJUSTMENT	7,626
K-1 ADJUSTMENT	0

- TIN:

TY 2015 OtherProfessionalFeesSchedule

Name:

HANGER WILLIAM A CHAR TR UW

EIN:

61-6114573

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
REGIONS TAX PREP FEE	200			200

- TIN:

TY 2015 TaxesSchedule

Name:

HANGER WILLIAM A CHAR TR UW

EIN:

61-6114573

Category	Amount	Net Investment Income
FOREIGN TAXES	1,527	1,527
FEDERAL TAX PAYMENT - PRIOR YE	14,750	0
FEDERAL ESTIMATES - PRINCIPAL	101,000	0
FOREIGN TAXES ON QUALIFIED FOR	434	434
FOREIGN TAXES ON NONQUALIFIED	268	268