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
FRANKLIN WEINBERG FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 9040
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KETCHUM, ID83340
A Employer identification number

95-6029434
B Telephone number (see instructions)

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$1,553,623J 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 44 44  
4 Dividends and interest from securities... 37,643 37,643  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 78,139
b Gross sales price for all assets on line 6a 406,622
7 Capital gain net income (from Part IV, line 2)... 78,139
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 6,070 5,869  
12 Total. Add lines 1 through 11........ 121,896 121,695  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,393 5,393    
c Other professional fees (attach schedule).... Click to see attachment 10,152 10,152    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 80 80    
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 1,347 1,347    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,972 16,972   0
25 Contributions, gifts, grants paid....... 74,383 74,383
26 Total expenses and disbursements. Add lines 24 and 25 91,355 16,972   74,383
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 30,541
b Net investment income (if negative, enter -0-) 104,723
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 39,949 54,998 54,998
2 Savings and temporary cash investments......... 109,391 31,082 31,082
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)      
b Investments—corporate stock (attach schedule)....... 1,122,847 Click to see attachment1,216,576 1,277,118
c Investments—corporate bonds (attach schedule)....... 43,365 Click to see attachment43,365 40,425
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 76,056 Click to see attachment75,742 150,000
14 Land, buildings, and equipment: basis bullet1,697
Less: accumulated depreciation (attach schedule) bullet1,697      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,391,608 1,421,763 1,553,623
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
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 1,391,608 1,421,763
30 Total net assets or fund balances (see instructions)..... 1,391,608 1,421,763
31 Total liabilities and net assets/fund balances (see instructions). 1,391,608 1,421,763
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
1,391,608
2
Enter amount from Part I, line 27a .....................
2
30,541
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,422,149
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
386
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,421,763
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 WEINBERG SPEC. ACT. P    
b HONEYWELL INTL INC P 2015-10-12 2016-10-13
c VIRTUS SMALL CAP P 2015-11-12 2016-05-31
d ABBOTT LABORATORIES P 2014-11-10 2016-05-04
e INTL FLAVORS & FRAGRANCES P 2015-10-30 2016-11-18
AMGEN INC P 2015-10-01 2016-10-11
INTL FLAVORS & FRAGRANCES P 2013-03-20 2016-07-11
APPLE INC P 2014-03-20 2016-05-04
ISHARES MSCI EAFE P 2015-02-25 2016-06-02
AUTOMATIC DATA PROCESSING INC P 2015-08-20 2016-09-02
MAINSTAY LARGE CAP P 2015-10-30 2016-11-30
EATON VANCE GL MACRO P 2015-03-01 2016-05-31
MAINSTAY LARGE CAP P 2015-12-30 2015-11-30
FIDELITY LTCG DEPOSIT P 2014-12-02 2015-12-03
NESTLE P 2014-10-09 2016-03-11
FIDELITY LTCG DEPOSIT P 2014-12-10 2015-12-11
NORTHERN TR CORP P 2015-06-30 2016-07-11
FIDELITY LTCG DEPOSIT P 2014-12-10 2015-12-11
PATTERSON COMPANIES INC P 2015-12-30 2016-11-28
FIDELITY LTCG DEPOSIT P 2014-12-20 2015-12-21
PHILIP MORRIS INTL P 2015-08-01 2016-11-18
FIDELITY LTCG DEPOSIT P 2014-12-20 2015-12-21
ROCHE HOLDING AG P 2015-10-01 2016-10-12
FIDELITY STCG DEPOSIT P   2015-12-11
TRAVELERS COS INC P 2013-03-20 2016-09-02
FIDELITY STCG DEPOSIT P   2015-12-21
VF CORP P 2013-03-20 2016-03-11
GENERAL MILLS P 2016-05-01 2016-11-18
VIRTUS FOREIGN P 2015-03-18 2016-05-31
GILEAD SCIENCES P 2014-08-01 2016-05-04
VIRTUS SMALL CAP P 2015-04-30 2016-05-31
(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     756 -756
b 59   53 6
c 517   362 155
d 8,892   10,232 -1,340
e 8,703   6,146 2,557
10,028   9,156 872
4,029   2,450 1,579
7,359   5,046 2,313
13,478   14,999 -1,521
9,938   9,236 702
108,822   94,365 14,457
31,840   32,495 -655
4,278   4,805 -527
13,162     13,162
6,439   6,479 -40
401     401
4,698   5,751 -1,053
7,133     7,133
7,980   9,150 -1,170
436     436
10,003   9,261 742
6,210     6,210
8,979   10,749 -1,770
97     97
2,948   2,094 854
29     29
10,465   6,678 3,787
7,226   7,164 62
43,490   30,107 13,383
7,936   8,201 -265
61,047   42,748 18,299
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       -756
b       6
c       155
d       -1,340
e       2,557
      872
      1,579
      2,313
      -1,521
      702
      14,457
      -655
      -527
      13,162
      -40
      401
      -1,053
      7,133
      -1,170
      436
      742
      6,210
      -1,770
      97
      854
      29
      3,787
      62
      13,383
      -265
      18,299
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 78,139
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 -2,236
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 53,577 1,606,777 0.033344
2013 28,450 1,601,916 0.017760
2012 38,837 1,410,520 0.027534
2011 47,600 1,198,921 0.039702
2010 60,791 1,197,084 0.050783
2
Total of line 1, column (d) .....................
20.169123
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
0.033825
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,542,116
5
Multiply line 4 by line 3......................
5
52,162
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,047
7
Add lines 5 and 6........................
7
53,209
8
Enter qualifying distributions from Part XII, line 4.............
8
74,383
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 1,047
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,047
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,047
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 804
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.............. 7 804
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 4
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 247
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the 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)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletGEEKNEE@WELL.COM
    14
    The books are in care ofbulletNEIL KAPLAN Telephone no.bullet (858) 309-8348

    Located atbullet6991 BATISTA STSAN DIEGOCA ZIP+4bullet92111
    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
     
     
    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
    JEAN F MEYERS TRUSTEE
    0.10     		0 0 0
    PO BOX 9040
    KETCHUM,ID83340
    STEVEN WAYNE TRUSTEE
    0.10     		0 0 0
    4919 GENESEE ST
    SEATTLE,WA98118
    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  
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,284,651
    b
    Average of monthly cash balances.......................
    1b
    130,949
    c
    Fair market value of all other assets (see instructions)................
    1c
    150,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,565,600
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,565,600
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    23,484
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,542,116
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    77,106
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    77,106
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,047
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,047
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    76,059
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    76,059
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    76,059
    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
    74,383
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    74,383
    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
    1,047
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    73,336
    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 76,059
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 69,712
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 74,383
    a Applied to 2014, but not more than line 2a 69,712
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 4,671
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		71,388
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    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).)
    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
    BLUE PLANET NETWORK
    PO BOX 3059
    REDWOOD CITY,CA94064     		NONE 501-(C)-3 GENERAL 900
    COMMUNITY LIBRARY
    415 SPRUCE AVE
    KETCHUM,ID83340     		NONE 501(C)-3 GENERAL 1,000
    COMMUNITY SCHOOL
    1 COMMUNITY SCHOOL DR
    SUN VALLEY,ID83353     		NONE 501(C)-3 GENERAL 2,500
    CONCERN FOUNDATION
    11111 WEST OLYMPIC BLVD
    STE 214
    LOS ANGELES,CA90064     		NONE 501-(C)-3 GENERAL 2,500
    FRACTURED ATLAS
    248 WEST 35TH STREET
    10TH FLOOR
    NEW YORK,NY10001     		NONE 501(C)-3 GENERAL 5,000
    FRIENDS OF 8835
    2601 4TH AVE SUITE 150
    SEATTLE,WA98121     		NONE 501(C)-3 CHARITABLE 10,500
    HUNGER COALITION
    121 HUNEYSUCKLE
    BELLEVUE,ID83333     		NONE 501(C)-3 GENERAL 1,500
    INTEGRATED FAMILY COMMUNITYSERVICES
    3355 S HOLMES AVE
    IDAHO FALLS,ID83404     		NONE 501(C)-3 CHARITEABLE 2,500
    JAZZ NIGHT SCHOOL
    3916 S MORGAN ST
    SEATTLE,WA98118     		NONE 501(C)-3 GENERAL 1,500
    KITCHEN SISTERS
    501 2ND AVE W
    SEATTLE,WA98119     		NONE 501(C)-3 GENERAL 1,500
    L PESKY LEARNING CENTER
    3324 ELDER ST
    BOISE,ID83705     		NONE 501(C)-3 GENERAL 500
    MONTEREY COMMUNITY FOUNDATION
    2354 GARDEN RD
    MONTEREY,CA93940     		NONE 501(C)-3 GENERAL 6,500
    NORTHWEST PILOT PROJECT
    1430 SW BROADWAY STE 200
    PORTLAND,OR97201     		NONE 501(C)-3 CHARITABLE 3,400
    NRDC
    40 W 20TH ST
    11TH FLOOR
    NEW YORK,NY10011     		NONE 501(C)-3 GENERAL 900
    PLANNED PARENTHOOD OF THE GREAT NW
    2112 EAST FRANKLIN ROAD
    MERIDIAN,ID83642     		NONE 501-(C)-3 GENERAL 6,700
    SEATTLE THEATRE GROUP
    911 PINE ST
    SEATTLE,WA98101     		NONE 501-(C)-3 CHARITABLE 4,000
    SUN VALLEY CENTER FOR THE ARTS
    191 FIFTH ST
    KETCHUM,ID83340     		NONE 501-(C)-3 GENERAL 8,400
    SUN VALLEY INSTITUTE OF RESOLANCE
    631 SECOND STREET EAST
    KETCHUM,ID83340     		NONE 501(C)-3 CHARITABLE 333
    TOGETHER WE CAN MAKE IT HAPPEN FND
    2956 CALIFORNIA ST
    BEREKELY,CA94703     		NONE 501(C)-3 CHARITABLE 7,000
    VALLEY OF THE MOON NATIONAL ASSOC
    2400 LONDON RANCH RD
    GLEN ELLEN,CA95442     		NONE 501(C)-3 GENERAL 250
    WOOD RIVER LAND TRUST
    119 E BULLINO ST
    HAILEY,ID83333     		NONE 501(C)-3 GENERAL 6,000
    WOOD RIVER WOMANS' CHARITABLE FOUND
    PO BOX 3686
    KETCHUM,ID83340     		NONE 501(C)-3 GENERAL 1,000
    Total .................................bullet 3a 74,383
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 44  
    4 Dividends and interest from securities....     14 37,643  
    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 ............     		    26 78,139  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aWEINBERG SPECIAL - RENTAL     		    16 288  
    bWEINBERG SPECIAL - ROYALTIES     15 5,581  
    cCHAS WEINBERG - SPECIAL 531120 201      
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 201 121,695  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13121,896
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES. 5,393 5,393    

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

    TY 2015 DepreciationSchedule
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTER 2005-11-04 1,697 1,697 200DB 5.0000        

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Name of Bond End of Year Book Value End of Year Fair Market Value
    RELIANCE GROUP HOLDINGS INC. 43,365 40,425

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY 7,648 12,365
    ABBOTT LABORATORIES    
    ACCENTURE PLC CLS A 9,033 10,271
    AMERICAN FUNDS EUROPAC 56,720 57,331
    AMGEN INC    
    ANALOG DEVICES INC 7,341 10,765
    APPLE INC    
    AUTOMATIC DATA PROCESSING INC    
    BROADRIDGE FINANCIAL SOLUTIONS 9,142 9,905
    BECKTON DICKINSON 15,077 14,881
    CME GROUP INC 7,502 13,662
    CORE LABORATORIES NV 8,509 8,494
    DR PEPPER SNAPPLE GROUP 9,375 8,327
    EATON VANCE GLOBAL MACRO    
    EXXON MOBILE CORP 8,793 8,642
    FROST TOTAL RETURN 134,354 130,703
    GILEAD SCIENCES INC    
    GOLDMAN SACHS SATELL 18,655 18,904
    GOLDMAN SACS SMALL MID CAP GROWTH 76,638 75,364
    HALLIBURTON CO 10,966 10,618
    HONEYWELL INTL 9,309 11,394
    HORMEL FOODS CORP COM 9,317 9,998
    ILLINOIS TOOL WORKS 7,451 11,266
    INTL FLAVORS & FRAGRANCES    
    ISHARES COHEN & STEERS 20,138 32,368
    ISHARES MSCI EAFE ETF    
    ISHARES TR GLOBAL UTILITIES ETF 29,896 29,896
    ISHARES US HEALTHCARE ETF 9,965 9,339
    JP MORGAN STRAT INCOME OP 161,362 158,138
    JP MORGAN US LARGE CAP 71,934 93,635
    KAYNE ANDERSON ENERGY DEV 29,842 19,675
    KAYNE ANDERSON MIDSTREAM 25,039 14,793
    KAYNE ANDERSON MLP 21,430 17,748
    KIMBERLY CLARK CORP 6,258 7,283
    LAS VEGAS SANDS CORP 9,055 7,834
    LEGG MASON BW 99,225 92,129
    LOWES COMPANIES 9,597 15,592
    MAINSTAY LARGE CAP (PRIMECAP ODYSSEY 112,600 111,671
    MARSH & MCLENNAN 11,241 15,248
    MEDTRONIC PLC    
    MOODYS CORP 7,684 7,136
    NESTLE SA SPON ADR    
    NORTHERN TR CORP    
    OCCIDENTAL PETE CORP 9,105 8,492
    PATTERSON COMPANIES INC 9,150 9,693
    PHILLIP MORRIS INTERNATIONAL    
    PNC FINL SVCS GROUP PNC 13,726 19,234
    PPG INDUSTRIES 8,059 9,881
    ROCHE HOLDINGS    
    RPM INTL INC 11,296 11,429
    SCHWAB CHARLES CORP 7,823 13,802
    SNAP ON INC 11,273 11,202
    TJX COMPANIES INC 7,746 13,239
    TRAVELERS COS INC COM TRV 10,755 14,509
    US BANCORP DEL COM USB 15,027 19,401
    V F CORP    
    VIRTUS FOREIGN    
    VIRTUS SMALL CAP CORE    
    WELLS FARGO 40,062 42,192
    WABTEC CORP 7,814 8,044
    WASTE MANAGEMENT INC 8,789 12,235
    WEC ENERGY GROUP INC 14,401 16,299
    ZOETIS INC COM 10,454 12,091

    TY 2015 InvestmentsOtherSchedule2
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CHARLES M. WEINBERG SPECIAL ACCT LLC AT COST 75,742 150,000

    TY 2015 LandEtcSchedule2
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    EQUIPMENT 1,697 1,697    


    TY 2015 OtherDecreasesSchedule
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Description Amount
    WEINBERG SPECIAL - NDE -147
    UNREALIZED GAINS/LOSSES 533


    TY 2015 OtherExpensesSchedule
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    WEINBERG ACCOUNT - OTHER DEDU 1,136 1,136    
    ROUNDING 2 2    
    OFFICE EXPENSE 209 209    


    TY 2015 OtherIncomeSchedule2
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    WEINBERG SPECIAL - RENTAL 288 288  
    WEINBERG SPECIAL - ROYALTIES 5,581 5,581  
    CHAS WEINBERG - SPECIAL 201    


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT SERVICES 10,152 10,152    


    TY 2015 TaxesSchedule
    Name:
    FRANKLIN WEINBERG FUND
    EIN:
    95-6029434
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 80 80