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 08-01-2015 , and ending 07-31-2016
Name of foundation
UNITED VISION FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)24 LINK DRIVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKLEIGH, NJ07647
A Employer identification number

91-1924248
B Telephone number (see instructions)

(201) 750-5650
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$17,459,027
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 47,390 47,390  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -468,647
b Gross sales price for all assets on line 6a 1,568,515
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 258,029 258,029  
12 Total. Add lines 1 through 11........ -163,228 305,419  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 77,714 13,714   47,406
14 Other employee salaries and wages...... 36,222 0   22,095
15 Pension plans, employee benefits....... 8,589 0   5,239
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 16,723 8,137   6,983
19 Depreciation (attach schedule) and depletion... 620 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 55,278 0   55,278
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 24,654 28,617   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 219,800 50,468   137,001
25 Contributions, gifts, grants paid....... 136,500 136,500
26 Total expenses and disbursements. Add lines 24 and 25 356,300 50,468   273,501
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -519,528
b Net investment income (if negative, enter -0-) 254,951
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............. 1,407,971 498,615 498,615
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet11,371,061
Less: allowance for doubtful accounts bullet0 12,282,962 Click to see attachment11,371,061 11,371,061
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,783,504 Click to see attachment3,389,124 3,389,124
14 Land, buildings, and equipment: basis bullet1,126,667
Less: accumulated depreciation (attach schedule) bullet2,920 1,124,367 Click to see attachment1,123,747 1,123,747
15 Other assets (describe bullet) Click to see attachment30,480 Click to see attachment1,076,480 Click to see attachment1,076,480
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,629,284 17,459,027 17,459,027
Liabilities 17 Accounts payable and accrued expenses.......... 14,156 11,436
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   16,376
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 14,156 27,812
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 17,615,128 17,431,215
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    
30 Total net assets or fund balances (see instructions)..... 17,615,128 17,431,215
31 Total liabilities and net assets/fund balances (see instructions). 17,629,284 17,459,027
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
17,615,128
2
Enter amount from Part I, line 27a .....................
2
-519,528
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
386,083
4
Add lines 1, 2, and 3 ..........................
4
17,481,683
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
50,468
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
17,431,215
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 549 ISHARES P 2009-12-29 2015-09-22
b 92 AMAG PHARMACEUTICALS INC P 2015-05-14 2016-05-17
c 51 ANACOR PHARMACEUTICALS VS P 2015-12-15 2016-06-29
d 26 ANACOR PHARMACEUTICALS T/S P 2016-05-10 2016-06-29
e 71 AUTOLIV INC P 2013-10-01 2016-04-25
235 AVIS BUDGET GROUP P 2015-03-06 2016-01-14
198 BITAUTO HLDGS LTD P 2014-06-09 2016-01-19
287 CARR IZO OIL & GAS INC P 2013-10-07 2016-04-07
321 CIENA CORP P 2013-12-30 2016-04-29
211 CIENA CORP P 2014-03-20 2016-04-29
76 CIENA CORP P 2014-12-18 2016-04-29
93 DILLARDS INC P 2013-10-01 2016-04-25
162 ENANTA PHARMACEUTICALS INC P 2014-12-22 2016-07-07
152 ENANTA PHARMACEUTICALS INC P 2015-03-13 2016-07-07
205 EXPEDIA INC DEL P 2013-10-01 2015-11-09
249 FIREEYE INC P 2015-03-06 2016-04-15
168 GLOBAL PMTS INC P 2014-03-14 2016-03-16
168 GLOBAL PMTS INC P 2014-03-14 2016-03-16
GLOBAL PMTS INC P 2016-04-29 2016-04-29
279 HEARTLAND PMT SYS INC P 2013-10-01 2016-04-25
129 IAC INTERACTIVECORP P 2013-10-01 2016-04-07
228 INFORMATICA CORP P 2013-01-01 2015-08-07
153 INFORMATICA CORP P 2015-03-06 2015-08-07
354 KERYX BIOPHARMACEUTICALS INC P 2013-11-25 2015-10-27
147 KERYX BIOPHARMACEUTICALS INC P 2014-09-03 2015-10-27
70 OLD DOMINION FGHT LINES INC P 2013-12-04 2016-04-07
21 RECEPTOS INC T/S P 2015-05-22 2015-08-28
30 RECEPTOS INC T/S P 2015-06-15 2015-08-28
33 ROBERT HALF INTL INC P 2013-03-21 2016-04-29
115 ROBERT HALF INTL INC P 2013-10-01 2016-04-29
165 ROBERT HALF INTL INC P 2013-12-30 2016-04-29
9 SKECHERS U S A INC P 2015-05-14 2016-04-15
111 SKECHERS U SA INC P 2015-05-14 2016-04-15
193 TANDEM DIABETES CARE INC P 2014-10-06 2016-06-06
85 TOTAL SYS SVCS INC P 2013-06-12 2016-04-07
53 TOTAL SYS SVCS INC P 2013-06-26 2016-04-07
46 TOTAL SYS SVCS INC P 2013-08-29 2016-04-07
56 TOTAL SYS SVCS INC P 2013-10-01 2016-04-07
144 TOWERS WATSON & CO P 2013-10-01 2016-01-05
176 VERINT SYS INC P 2014-12-01 2016-04-29
80 WABTEC CORP P 2013-10-01 2016-04-15
144 WILLIS TOWERS WATSON PUB LTD P 2016-01-05 2016-04-25
207 WUXI PHARMATECH CAYMAN INC P 2013-10-28 2015-12-14
122 WUXI PHARMATECH CAYMAN INC P 2013-11-22 2015-12-14
72 WUXI PHARMATECH CAYMAN INC P 2015-03-06 2015-12-14
725 AIA GROUP LTD P 2016-03-07 2016-07-22
350 AXA SA P 2012-01-20 2016-03-07
185 BASF SE P 2013-03-12 2016-03-07
168 ILIAD SA P 2016-03-07 2016-06-28
547 ILIAD SA P 2016-03-07 2016-03-18
579 ILIAD SA P 2016-03-07 2016-05-13
400 NESTLES A P 2013-03-12 2016-03-07
312 SOUTH32 LTD P 2015-05-29 2016-03-07
35 YARA I NTL ASA P 2013-03-12 2016-03-07
48 ALLEGION PUB LTD CO P 2013-03-12 2015-12-08
73 ALLEGION PUB LTD CO P 2013-03-12 2016-03-07
1 ALLEGION PUB LTD CO P 2013-09-20 2016-03-09
76 ALLEGION PUB LTD CO P 2013-09-20 2016-03-07
524 ARM HU:7GS PLC P 2016-03-07 2016-07-22
4 ASML HOLDING N V P 2016-03-07 2016-06-28
400 AXA SA P 2008-01-10 2015-12-08
50 AXA SA P 2012-01-20 2015-12-08
725 BHP BILLITON LTD P 2012-01-20 2016-03-07
55 BHP BILLITON LTD P 2013-07-30 2016-03-07
60 BRITISH AMERN TOB PLC P 2013-03-12 2015-12-08
200 BRITISH AMERN TOB PLC P 2013-03-12 2016-03-07
110 BROOKFIELD ASSET MGMT INC P 2013-03-12 2015-12-08
120 BROOKFIELD ASSET MGMT INC P 2013-03-12 2016-03-07
130 BROOKFIELD ASSET MGMT INC P 2013-03-12 2016-03-07
1,070 CANADIAN NAT RES LTD P 2012-01-20 2016-03-07
85 CANADIAN NATL RY CO P 2013-03-12 2016-03-07
230 CANADIAN NATL RY CO P 2013-03-12 2015-12-08
315 CANADIAN NATL RY CO P 2013-03-12 2016-03-07
115 CANADIAN PAC RY LTD P 2013-03-12 2015-12-08
145 CANADIAN PAC RY LTD P 2013-03-12 2016-03-07
80 CANADIAN PAC RY LTD P 2013-10-30 2016-03-07
150 CHICAGO BRIDGE & IRON CO N V P 2015-12-10 2016-03-07
70 CORE LABORATORIES N V P 2013-03-12 2016-03-14
11 CORE LABORATORIES N V P 2016-03-07 2016-06-28
17 CORE LABORATORIES N V P 2016-03-07 2016-03-14
64 CORE LABORATORIES N V P 2016-03-07 2016-04-07
225 DIAGEO P L C P 2013-03-12 2016-03-07
90 EATON CORP PLC P 2013-03-12 2015-12-08
265 EATON CORP PLC P 2013-03-12 2016-03-07
160 EATON CORP PLC P 2013-09-23 2016-03-07
1,134 ENEL AMERICAS SA P 2016-03-14 2016-05-25
1,134 ENEL CHILE SA P 2016-03-14 2016-05-25
465 ENSCO PLC P 2013-11-04 2016-03-07
134 FIBRIA CELULOSE S A P 2008-01-10 2015-12-08
537 GRIFOLS S A P 2016-03-07 2016-08-28
130 INGERSOLL-RAND PLC P 2013-03-12 2016-03-07
235 INGERSOLL-RAND PLC P 2013-03-12 2015-12-08
230 INGERSOLL-RAND PLC P 2013-09-20 2016-03-07
32 LULULEMON ATHLETICA INC P 2016-03-07 2016-06-28
70 LYONDELLBASELL INDUSTRIES N V P 2015-12-08 2016-03-07
350 MANULIFE FINL CORP P 2008-01-10 2015-12-08
95 MANULIFE FINL CORP P 2012-01-20 2015-12-08
525 MANULIFE FINL CORP P 2012-01-20 2016-03-07
120 NABORS INDUSTRIES LTD P 2008-01-10 2015-12-08
670 NABORS INDUSTRIES LTD P 2008-01-10 2016-03-07
30 NABORS INDUSTRIES LTD P 2008-10-20 2016-03-07
250 NABORS INDUSTRIES LTD P 2010-01-21 2016-03-07
600 NABORS INDUSTRIES LTD P 2012-01-20 2016-03-07
1,050 NABORS INDUSTRIES LTD P 2014-12-26 2016-03-07
100 NESTLES A P 2013-03-12 2015-12-08
1,700 NOBLE CORP PLC P 2008-01-10 2016-03-07
50 NOBLE CORP PLC P 2008-10-20 2016-03-07
40 NOVARTIS A G P 2013-03-12 2015-12-08
225 NOVARTIS A G P 2013-03-12 2016-03-07
566 PARAGON OFFSHORE PLC P 2008-01-10 2015-09-17
17 PARAGON OFFSHORE PLC P 2008-10-20 2015-09-17
25 PARTNERRE LTD P 2013-03-12 2015-12-08
75 PARTNERRE LTD P 2013-03-12 2016-03-07
1,175 POTASH CORP SASK INC P 2012-01-20 2016-03-07
105 RIO TINTO PLC P 2008-01-10 2015-12-08
495 RIO TINTO PLC P 2008-01-10 2016-03-07
400 RIO TINTO PLC P 2008-10-20 2016-03-07
80 RIO TINTO PLC P 2012-12-14 2016-03-07
25 RIO TINTO PLC P 2013-07-30 2016-03-07
345 SCHLUMBERGER LTD P 2008-01-10 2015-12-08
405 SCHLUMBERGER LTD P 2008-01-10 2016-03-07
95 SCHLUMBERGER LTD P 2008-10-20 2016-03-07
500 SUNCOR ENERGY INC NEW P 2008-01-10 2015-12-08
800 SUNCOR ENERGY INC NEW P 2008-01-10 2016-03-07
500 SUNCOR ENERGY INC NEW P 2012-01-20 2016-03-07
92 TAIWAN SEMICONDUCTOR MFG LTD P 2016-03-07 2016-06-28
211 TAIWAN SEMICONDUCTOR MFG LTD P 2016-03-07 2016-05-13
340 TECK RESOURCES LTD P 2012-12-13 2016-03-07
950 TENARIS S A P 2013-03-12 2016-03-07
125 TENARIS S A P 2013-09-27 2016-03-07
682 UBS GROUP AG P 2008-01-10 2015-12-08
50 UBS GROUP AG P 2008-10-20 2016-03-07
250 UBS GROUP AG P 2008-10-20 2015-12-08
750 UBS GROUP AG P 2012-01-20 2016-03-07
250 UNILEVER N V P 2013-03-12 2016-03-07
1,550 VALE SA P 2008-01-10 2016-03-07
800 VALE SA P 2008-10-20 2016-03-07
450 WEATHERFORD INTL PLC P 2008-01-10 2015-12-08
1,650 WEATHERFORD INTL PLC P 2008-01-10 2016-03-07
700 WEATHERFORD INTL PLC P 2008-10-20 2016-03-07
750 WEATHERFORD INTL PLC P 2012-01-20 2016-03-07
350 WEATHERFORD INTL PLC P 2015-03-25 2015-12-08
15 YARA INTL ASA P 2013-03-12 2015-12-08
62 AECOM P 2014-02-12 2015-12-08
59 AECOM P 2014-02-18 2015-12-08
117 AECOM P 2014-03-06 2015-12-08
64 AECOM P 2014-03-18 2015-12-08
38 AETNA INC NEW P 2014-03-18 2015-12-08
19 ALLSTATE CORP P 2013-04-11 2016-05-02
78 ALLSTATE CORP P 2013-04-11 2015-12-08
6 ALLSTATE CORP P 2013-09-24 2016-05-02
26 ALLSTATE CORP P 2013-09-24 2016-06-21
6 ALLSTATE CORP P 2014-03-18 2016-07-05
37 ALLSTATE CORP P 2014-03-18 2016-06-21
156 AMERICAN INTL GROUP INC P 2013-04-11 2015-12-08
77 ANTERO RES CORP P 2015-08-05 2015-12-08
66 ANTERO RES CORP P 2015-08-07 2015-12-08
42 AVON PRODS INC P 2014-04-24 2015-12-08
50 AVON PRODS INC P 2014-09-05 2015-12-08
312 AVON PRODS INC P 2014-09-10 2015-12-08
66 BAKER HUGHES INC P 2013-04-11 2015-12-08
90 BAKER HUGHES INC P 2013-05-13 2015-12-08
6 BAKER HUGHES INC P 2013-07-19 2015-12-08
149 BANK AMER CORP P 2013-04-11 2015-12-08
153 BANK AMER CORP P 2013-04-11 2015-11-02
148 BANK AMER CORP P 2013-09-24 2015-12-08
20 BANK AMER CORP P 2014-03-18 2015-12-08
22 BAXALTA INC P 2013-04-11 2015-09-15
25 BAXALTA INC P 2013-08-21 2015-09-15
28 BAXALTA INC P 2013-09-24 2015-09-15
16 BAXALTA INC P 2013-10-08 2015-09-15
3 BAXALTA INC P 2014-03-18 2015-09-16
152 BAXALTA INC P 2014-03-18 2015-09-15
33 CHEVRON CORP NEW P 2015-08-24 2015-12-08
64 CITIGROUP INC P 2013-04-11 2015-11-02
151 CITIGROUP INC P 2013-04-11 2015-12-08
65 DUN & BRADSTREET CORP DEL NEW P 2014-06-09 2015-12-08
2 DUN & BRADSTREET CORP DEL NEW P 2014-07-03 2015-12-08
124 FREEPORT-MCMORAN INC P 2015-02-10 2015-12-08
315 FREEPORT-MCMORAN INC P 2015-03-03 2015-12-08
140 FREEPORT-MCMORAN INC P 2015-07-10 2015-12-08
366 FREEPORT-MCMORAN INC P 2015-07-10 2016-03-01
44 GENERAL ELECTRIC CO P 2013-04-11 2015-12-01
86 GENERAL ELECTRIC CO P 2013-04-11 2016-04-05
181 GENERAL ELECTRIC CO P 2013-04-11 2015-12-08
56 GENERAL ELECTRIC CO P 2013-09-24 2016-04-05
81 GENERAL ELECTRIC CO P 2014-03-18 2016-04-05
199 GENERAL ELECTRIC CO P 2014-03-18 2016-05-02
53 HALLIBURTON CO P 2014-01-29 2015-08-24
53 HALLIBURTON CO P 2014-03-18 2015-12-08
126 HALLIBURTON CO P 2014-03-18 2015-08-24
192 HEWLETT PACKARD ENTERPRISE CO P 2013-04-11 2015-12-08
86 HEWLETT PACKARD ENTERPRISE CO P 2013-09-24 2015-12-08
67 HEWLETT PACKARD ENTERPRISE CO P 2013-09-25 2015-12-08
156 HEWLETT PACKARD ENTERPRISE CO P 2014-03-18 2015-12-08
192 HP INC P 2013-04-11 2015-11-06
86 HP INC P 2013-09-24 2015-11-06
18 HP INC P 2013-09-25 2015-11-06
49 HP INC P 2013-09-25 2015-12-08
140 HP INC P 2014-03-18 2015-12-08
335 HP INC P 2014-03-18 2016-02-04
49 HP INC P 2015-06-05 2016-02-04
71 HP INC P 2015-06-24 2016-02-04
318 INTERSIL CORP P 2013-05-15 2015-12-08
1U2 INTERSIL CORP P 2013-06-20 2015-12-08
3 INTERSIL CORP P 2013-06-26 2015-12-08
80 INTERSIL CORP P 2013-06-26 2016-02-12
100 INTERSIL CORP P 2013-10-29 2016-02-12
26 JPMORGAN CHASE & CO COM P 2013-04-11 2016-07-05
47 JPMORGAN CHASE & CO COM P 2013-04-11 2015-11-02
85 JPMORGAN CHASE & CO COM P 2013-04-11 2015-12-08
29 JPMORGAN CHASE & CO COM P 2013-09-24 2016-07-05
35 JPMORGAN CHASE & CO COM P 2014-03-18 2016-07-05
44 LILLY ELI & CO P 2013-06-25 2015-12-08
37 LILLY ELI & CO P 2013-09-24 2015-12-08
17 LILLY ELI & CO P 2013-12-03 2015-12-08
20 LILLY ELI & CO P 2013-12-03 2016-01-05
64 LILLY ELI & CO P 2014-03-18 2016-01-05
169 LINCOLN NATL CORP IND P 2013-04-11 2015-12-08
113 MATTEL INC P 2014-12-02 2015-12-08
21 MATTEL INC P 2014-12-04 2015-12-08
94 MATTEL INC P 2014-12-05 2015-12-08
92 MATTEL INC P 2015-02-03 2015-12-08
41 MATTEL INC P 2015-03-03 2015-12-08
149 MATTEL INC P 2015-03-03 2016-02-03
10 MATTEL INC P 2015-04-09 2016-02-03
176 MATTEL INC P 2015-04-09 2016-03-01
26 MERCK & CO INC P 2016-01-22 2016-05-11
96 METLIFE INC P 2013-11-04 2015-12-08
71 METLIFE INC P 2014-02-04 2015-12-08
98 MICROSOFT CORP P 2013-04-11 2015-12-01
131 MICROSOFT CORP P 2013-04-11 2015-12-08
16 MICROSOFT CORP P 2013-09-24 2015-12-08
30 MSC INDL DIRECT INC P 2015-04-28 2015-12-08
24 MSC INDL DIRECT INC P 2015-05-06 2015-12-08
27 MSC INDL DIRECT INC P 2015-05-12 2015-12-08
30 MSC INDL DIRECT INC P 2015-05-15 2015-12-08
18 MSC INDL DIRECT INC P 2015-05-21 2015-12-08
294 NOBLE CORP PLC P 2015-08-04 2015-09-15
288 NOBLE CORP PLC P 2015-08-07 2015-09-15
261 NOBLE CORP PLC P 2015-08-10 2015-09-15
522 NOBLE CORP PLC P 2015-08-12 2015-09-15
26 OMNICOM GROUP INC P 2013-09-24 2015-12-08
10 OMNICOM GROUP INC P 2014-03-18 2015-12-08
85 OMNICOM GROUP INC P 2014-03-18 2016-01-05
51 QUEST DIAGNOSTICS INC P 2014-05-21 2015-12-08
9 QUEST DIAGNOSTICS INC P 2014-07-03 2016-07-26
64 QUEST DIAGNOSTICS INC P 2014-07-03 2015-12-08
31 QUEST DIAGNOSTICS INC P 2014-07-25 2016-07-27
72 QUEST DIAGNOSTICS INC P 2014-07-25 2016-07-26
25 RELIANCE STEEL & ALUMINUM CO P 2013-07-15 2015-12-08
30 RELIANCE STEEL &ALUMINUM CO P 2013-07-25 2015-12-08
10 RELIANCE STEEL &ALUMINUM CO P 2013-09-24 2015-12-08
50 RELIANCE STEEL &ALUMINUM CO P 2014-03-18 2015-12-08
25 RELIANCE STEEL & ALUMINUM CO P 2014-08-07 2015-12-08
36 ROWAN COMPANIES PLC P 2014-07-03 2015-08-04
24 ROWAN COMPANIES PLC P 2014-08-19 2015-08-07
121 ROWAN COMPANIES PLC P 2014-08-19 2015-08-04
32 ROWAN COMPANIES PLC P 2014-08-20 2015-08-10
204 ROWAN COMPANIES PLC P 2014-08-20 2015-08-07
120 ROWAN COMPANIES PLC P 2014-10-02 2015-08-10
1 ROWAN COMPANIES PLC P 2014-12-15 2015-08-10
53 ROWAN COMPANIES PLC P 2014-12-15 2015-08-10
86 ROWAN COMPANIES PLC P 2014-12-15 2015-08-13
307 ROWAN COMPANIES PLC P 2014-12-15 2015-08-12
275 ROWAN COMPANIES PLC P 2015-09-15 2015-12-08
671 ROWAN COMPANIES PLC P 2015-09-15 2016-05-17
118 SEALED AIR CORP NEW P 2013-04-11 2015-11-03
10 SEALED AIR CORP NEW P 2013-09-24 2015-12-08
57 SEALED AIR CORP NEW P 2013-09-24 2015-11-03
18 SEALED AIR CORP NEW P 2014-03-18 2016-07-06
73 SEALED AIR CORP NEW P 2014-03-18 2015-12-08
78 SEALED AIR CORP NEW P 2014-03-18 2016-07-05
96 SEALED AIR CORP NEW P 2014-03-18 2016-04-05
120 STAPLES INC P 2014-03-18 2015-08-07
171 STAPLES INC P 2014-03-18 2015-08-10
328 STAPLES INC P 2014-03-18 2015-08-04
37 TE CONECTIVITY LTD P 2013-04-11 2016-01-22
131 TE CONNECTIVITY LTD P 2013-04-11 2015-12-08
44 ULTRA PETROLEUM CORP P 2013-08-07 2015-08-05
46 ULTRA PERTOLEUM CORP P 2013-09-24 2015-08-05
46 ULTRA PERTOLEUM CORP P 2013-10-24 2015-08-05
104 ULTRA PERTOLEUM CORP P 2014-03-18 2015-08-05
166 ULTRA PERTOLEUM CORP P 2014-03-18 2015-08-07
11 ULTRA PERTOLEUM CORP P 2015-01-16 2015-08-10
87 ULTRA PERTOLEUM CORP P 2015-01-16 2015-08-12
141 ULTRA PERTOLEUM CORP P 2015-01-16 2015-08-07
138 ULTRA PERTOLEUM CORP P 2015-01-20 2015-08-12
95 ULTRA PERTOLEUM CORP P 2015-01-26 2015-08-13
119 ULTRA PERTOLEUM CORP P 2015-01-26 2015-08-12
108 WPX ENERGY INC P 2013-04-11 2015-12-08
56 WPX ENERGY INC P 2013-09-24 2015-12-08
43 WPX ENERGY INC P 2014-01-16 2015-12-08
43 WPX ENERGY INC P 2014-03-18 2016-01-22
252 WPX ENERGY INC P 2014-03-18 2015-12-08
5 WPX ENERGY INC P 2014-11-12 2016-02-25
98 WPX ENERGY INC P 2014-11-12 2016-01-22
56 WPX ENERGY INC P 2014-12-11 2016-02-29
417 WPX ENERGY INC P 2014-12-11 2016-02-25
17 WPX ENERGY INC P 2015-07-17 2016-03-03
209 WPX ENERGY INC P 2015-07-17 2016-02-29
235 WPX ENERGY INC P 2015-10-29 2016-03-03
27 ZIMMER BIOMET HLDGS INC P 2015-09-15 2015-12-08
LIBERTY GLOBAL PC P 2016-07-05 2016-07-05
94 PENTAIR PLC P 2016-02-11 2016-06-01
32 PENTAIR PLC P 2016-02-16 2016-06-01
36 PRECISION CASTPARTS CORP P 2015-07-22 2016-02-01
13 PRECISION CASTPARTS CORP P 2015-07-27 2016-02-01
320 SYSCO CORP P 2013-10-03 2015-08-18
vanguard energy P 2015-12-31 2016-02-16
250 BARCLAYS BK PLC P 2013-03-12 2015-09-22
(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 11,708   40,755 -29,047
b 1,711   5,507 -3,796
c 5,062   5,811 -749
d 2,581   1,772 809
e 8,009   6,239 1,770
6,404   14,269 -7,865
4,230   8,050 -3,820
8,613   11,851 -3,238
5,377   7,680 -2,303
3,535   5,199 -1,664
1,273   1,449 -176
6,614   7,351 -737
3,760   8,145 -4,385
3,528   5,200 -1,672
27,057   10,817 16,240
4,507   10,721 -6,214
9,796   5,962 3,834
9,796   5,962 3,834
41     41
14,865     14,865
5,924   7,080 -1,156
11,115   8,919 2,196
7,459   6,546 913
1,391   4,531 -3,140
578   2,661 -2,083
4,694   3,585 1,109
4,872   3,380 1,492
6,960   5,239 1,721
1,259   1,207 52
4,388   4,482 -94
6,296   6,948 -652
256   301 -45
3,156   3,715 -559
1,494   2,557 -1,063
4,092   1,970 2,122
2,551   1,258 1,293
2,214   1,285 929
2,696   1,647 1,049
18,031   16,107 1,924
5,931   10,590 -4,659
6,505   5,071 1,434
17,671   18,031 -360
9,512   6,098 3,414
5,606   4,015 1,591
3,308   2,718 590
18,277   15,653 2,624
8,059   5,422 2,637
12,894   17,640 -4,746
1,614   2,041 -427
7,138   6,646 492
6,160   7,035 -875
28,635   28,832 -197
1,720   562 1,158
1,369   1,699 -330
3,172   1,614 1,558
4,614   2,455 2,159
63   40 23
4,804   3,030 1,774
34,453   22,017 12,436
374   383 -9
11,054   15,427 -4,373
1,382   775 607
21,145   56,391 -35,246
1,604   3,463 -1,859
6,823   6,448 375
22,814   21,494 1,320
3,594   2,715 879
3,800   2,962 838
4,117   3,208 909
27,874   41,097 -13,223
5,096   4,269 827
12,342   11,553 789
18,885   15,822 3,063
14,513   14,567 -54
18,929   18,367 562
10,444   11,534 -1,090
5,458   5,841 -383
7,895   9,371 -1,476
1,287   1,292 -5
1,917   1,996 -79
6,590   7,514 -924
23,746   26,795 -3,049
4,776   5,402 -626
15,579   15,200 379
9,406   10,304 -898
8,757   8,515 242
6,338   6,924 -586
5,757   26,630 -20,873
1,765   7,429 -5,664
8,296   8,231 65
7,571   5,686 1,885
13,016   10,279 2,737
13,395   12,045 1,350
2,220   1,966 254
5,846   6,122 -276
5,442   13,500 -8,058
1,477   1,175 302
7,297   6,494 803
1,068   3,265 -2,197
5,956   18,231 -12,275
267   472 -205
2,222   6,385 -4,163
5,334   10,056 -4,722
9,334   13,323 -3,989
7,491   7,208 283
22,992   76,422 -53,430
676   1,230 -554
3,402   2,779 623
16,274   15,634 640
195   10,914 -10,719
6   176 -170
3,475   2,263 1,212
10,521   6,790 3,731
21,902   52,780 -30,878
2,997   10,642 -7,645
15,707   50,171 -34,464
12,692   17,599 -4,907
2,538   4,400 -1,862
793   1,125 -332
24,798   33,459 -8,661
30,646   39,279 -8,633
7,189   5,035 2,154
12,900   26,372 -13,472
20,720   42,194 -21,474
12,950   16,635 -3,685
2,325   2,266 59
4,815   5,197 -382
2,754   11,962 -9,208
22,781   38,654 -15,873
2,998   5,794 -2,796
12,971   29,540 -16,569
825   791 34
4,755   3,953 802
12,376   10,169 2,207
10,870   10,072 798
7,054   50,307 -43,253
3,641   10,664 -7,023
4,131   15,253 -11,122
11,006   55,927 -44,921
4,669   11,646 -6,977
5,003   12,260 -7,257
3,213   4,339 -1,126
672   728 -56
1,887   1,854 33
1,795   1,778 17
3,560   3,718 -158
1,947   2,050 -103
3,942   2,812 1,130
1,240   952 288
4,976   3,906 1,070
391   312 79
1,736   1,351 385
416   333 83
2,471   2,051 420
9,761   6,252 3,509
1,516   2,024 -508
1,299   1,728 -429
171   623 -452
204   691 -487
1,273   4,179 -2,906
3,336   3,070 266
4,549   4,195 354
303   287 16
2,573   1,824 749
2,609   1,873 736
2,556   2,088 468
345   344 1
813   724 89
924   822 102
1,035   919 116
592   477 115
110   93 17
5,620   4,705 915
2,853   2,420 433
3,437   2,886 551
8,080   6,809 1,271
6,965   6,955 10
214   224 -10
844   2,344 -1,500
2,145   6,696 -4,551
953   2,365 -1,412
2,795   6,184 -3,389
1,320   1,033 287
2,667   2,019 648
5,461   4,250 1,211
1,737   1,369 368
2,512   2,083 429
6,143   5,116 1,027
1,821   2,555 -734
1,949   3,014 -1,065
4,329   7,164 -2,835
2,876   2,128 748
1,288   956 332
1,004   742 262
2,337   2,500 -163
2,686   1,936 750
1,203   869 334
252   181 71
600   494 106
1,714   2,041 -327
3,287   4,883 -1,596
481   770 -289
697   1,071 -374
4,395   2,492 1,903
1,410   776 634
41   24 17
960   628 332
1,201   1,080 121
1,545   1,277 268
3,065   2,309 756
5,635   4,175 1,460
1,723   1,476 247
2,080   2,026 54
3,823   2,164 1,659
3,215   1,948 1,267
1,477   850 627
1,683   1,000 683
5,386   3,817 1,569
9,051   5,622 3,429
2,895   3,484 -589
538   634 -96
2,408   2,901 -493
2,357   2,568 -211
1,050   1,094 -44
4,650   3,753 897
312   227 85
5,688   3,987 1,701
1,414   1,333 81
4,722   4,563 159
3,492   3,359 133
5,370   2,825 2,545
7,314   3,777 3,537
893   520 373
1,781   2,164 -383
1,425   1,719 -294
1,603   1,965 -362
1,781   2,171 -390
1,069   1,295 -226
3,516   3,403 113
3,445   3,539 -94
3,122   3,385 -263
6,243   7,008 -765
1,984   1,691 293
763   733 30
6,262   6,231 31
3,507   2,939 568
762   537 225
4,401   3,817 584
2,613   1,912 701
6,100   4,442 1,658
1,394   1,699 -305
1,673   2,096 -423
558   745 -187
2,788   3,523 -735
1,394   1,703 -309
590   1,144 -554
419   720 -301
1,984   3,632 -1,648
572   948 -376
3,565   6,044 -2,479
2,147   2,925 -778
17   20 -3
948   1,073 -125
1,455   1,742 -287
5,437   6,217 -780
5,052   4,725 327
11,808   11,529 279
5,666   2,695 2,971
444   271 173
2,737   1,547 1,190
819   591 228
3,239   2,397 842
3,515   2,561 954
4,627   3,153 1,474
1,680   1,374 306
2,437   1,958 479
4,655   3,756 899
2,150   1,542 608
8,544   5,459 3,085
292   972 -680
305   947 -642
305   906 -601
689   2,618 -1,929
1,132   4,178 -3,046
77   155 -78
668   1,229 -561
961   1,992 -1,031
1,059   1,866 -807
703   1,289 -586
914   1,615 -701
711   1,886 -1,175
368   1,052 -684
283   830 -547
193   779 -586
1,658   4,563 -2,905
19   86 -67
440   1,694 -1,254
225   608 -383
1,612   4,529 -2,917
86   167 -81
841   2,051 -1,210
1,192   1,575 -383
2,698   2,694 4
15     15
5,639   4,011 1,628
1,920   1,457 463
8,460   6,971 1,489
3,055   2,444 611
13,156   10,068 3,088
21,674   24,196 -2,522
6,158   21,299 -15,141
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       -29,047
b       -3,796
c       -749
d       809
e       1,770
      -7,865
      -3,820
      -3,238
      -2,303
      -1,664
      -176
      -737
      -4,385
      -1,672
      16,240
      -6,214
      3,834
      3,834
      41
      14,865
      -1,156
      2,196
      913
      -3,140
      -2,083
      1,109
      1,492
      1,721
      52
      -94
      -652
      -45
      -559
      -1,063
      2,122
      1,293
      929
      1,049
      1,924
      -4,659
      1,434
      -360
      3,414
      1,591
      590
      2,624
      2,637
      -4,746
      -427
      492
      -875
      -197
      1,158
      -330
      1,558
      2,159
      23
      1,774
      12,436
      -9
      -4,373
      607
      -35,246
      -1,859
      375
      1,320
      879
      838
      909
      -13,223
      827
      789
      3,063
      -54
      562
      -1,090
      -383
      -1,476
      -5
      -79
      -924
      -3,049
      -626
      379
      -898
      242
      -586
      -20,873
      -5,664
      65
      1,885
      2,737
      1,350
      254
      -276
      -8,058
      302
      803
      -2,197
      -12,275
      -205
      -4,163
      -4,722
      -3,989
      283
      -53,430
      -554
      623
      640
      -10,719
      -170
      1,212
      3,731
      -30,878
      -7,645
      -34,464
      -4,907
      -1,862
      -332
      -8,661
      -8,633
      2,154
      -13,472
      -21,474
      -3,685
      59
      -382
      -9,208
      -15,873
      -2,796
      -16,569
      34
      802
      2,207
      798
      -43,253
      -7,023
      -11,122
      -44,921
      -6,977
      -7,257
      -1,126
      -56
      33
      17
      -158
      -103
      1,130
      288
      1,070
      79
      385
      83
      420
      3,509
      -508
      -429
      -452
      -487
      -2,906
      266
      354
      16
      749
      736
      468
      1
      89
      102
      116
      115
      17
      915
      433
      551
      1,271
      10
      -10
      -1,500
      -4,551
      -1,412
      -3,389
      287
      648
      1,211
      368
      429
      1,027
      -734
      -1,065
      -2,835
      748
      332
      262
      -163
      750
      334
      71
      106
      -327
      -1,596
      -289
      -374
      1,903
      634
      17
      332
      121
      268
      756
      1,460
      247
      54
      1,659
      1,267
      627
      683
      1,569
      3,429
      -589
      -96
      -493
      -211
      -44
      897
      85
      1,701
      81
      159
      133
      2,545
      3,537
      373
      -383
      -294
      -362
      -390
      -226
      113
      -94
      -263
      -765
      293
      30
      31
      568
      225
      584
      701
      1,658
      -305
      -423
      -187
      -735
      -309
      -554
      -301
      -1,648
      -376
      -2,479
      -778
      -3
      -125
      -287
      -780
      327
      279
      2,971
      173
      1,190
      228
      842
      954
      1,474
      306
      479
      899
      608
      3,085
      -680
      -642
      -601
      -1,929
      -3,046
      -78
      -561
      -1,031
      -807
      -586
      -701
      -1,175
      -684
      -547
      -586
      -2,905
      -67
      -1,254
      -383
      -2,917
      -81
      -1,210
      -383
      4
      15
      1,628
      463
      1,489
      611
      3,088
      -2,522
      -15,141
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 -468,647
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 309,319 3,752,511 0.082430
2013 350,107 3,462,423 0.101116
2012 397,268 2,649,712 0.149929
2011 406,260 2,253,694 0.180264
2010 0 0 0.000000
2
Total of line 1, column (d) .....................
20.513739
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
0.102748
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,958,871
5
Multiply line 4 by line 3......................
5
406,766
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,550
7
Add lines 5 and 6........................
7
409,316
8
Enter qualifying distributions from Part XII, line 4.............
8
273,501
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 5,099
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,099
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 5,099
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
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 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 115
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 5,214
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletmichael sommer president Telephone no.bullet (201) 750-5650

    Located atbullet24 link driverockleighNJ ZIP+4bullet07647
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Michael Sommer president/director
    40.00
    91,428 0 0
    24 link drive
    rockleigh,NJ07647
    mark sano secretary/treasurer/direct
    20.00
    0 0 0
    24 link drive
    rockleigh,NJ07647
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 DOMESTIC AND INTERNATIONAL YOUTH AND SERVICE PROGRAMS: WE MADE DONATIONS TO SPONSOR INTERNATIONAL YOUTH AND SERVICE PROGRAMS IN THE DOMINICAN REPUBLIC, AFRICA, AND ASIA. WE GIVE TO ORGANIZATIONS THAT PROMOTE PEACE, UNDERSTANDING AND HOPE. 124,500
    2 PEACEBUILDING: WE MADE DONATIONS AND HELPED BUILD CAPACITY IN ORGANIZATIONS THAT HAVE GOAL OF CREATING COHESIVE COMMUNITIES AND SOCIETIES BY ADDRESSING IDENTITY BASED CONFLICTS AND INTERFAITH UNDERSTANDING IN ASIA, AFRICA AND THE MIDDLE EAST. 156,757
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,612,928
    b
    Average of monthly cash balances.......................
    1b
    406,230
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,019,158
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,019,158
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    60,287
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,958,871
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    197,944
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    197,944
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    5,099
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,099
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    192,845
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    192,845
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    192,845
    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
    273,501
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    273,501
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    273,501
    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 7 192,845
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 303,597
    c From 2012...... 264,782
    d From 2013...... 187,850
    e From 2014...... 125,706
    fTotal of lines 3a through e........ 881,935
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 273,501
    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..... 192,845
    e Remaining amount distributed out of corpus 80,656
    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 5 962,591
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    962,591
    10 Analysis of line 9:
    a Excess from 2011.... 303,597
    b Excess from 2012.... 264,782
    c Excess from 2013.... 187,850
    d Excess from 2014.... 125,706
    e Excess from 2015.... 80,656
    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
    fidelity charitable gift fund
    po box 770001
    cincinnati,OH45277
    none 501(c)(3) general funding 134,000
    service for peace
    360 fairfield avenue suite 200
    bridgeport,CT06604
    none 501(c)(3) general funding 2,000
    united states institute of peace
    2301 Constitution Avenue NW
    Washington,DC20037
    none 501(c)(3) general funding 500
    Total .................................bullet 3a 136,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........
             
    4 Dividends and interest from securities....         47,390
    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.....         258,029
    8
    Gain or (loss) from sales of assets other than inventory ............
            -468,647
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 0 -163,228
    13Total. Add line 12, columns (b), (d), and (e)..................
    13-163,228
    (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.)
    4 income used to carry out exempt purpose
    7 interest on notes receivable to carry out exempt purpose
    8 profits from sale of assets to carry out exempt purpose
    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

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

    TY 2015 DepreciationSchedule
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    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
    south boulder properties llc land 2005-02-07 796,284   L   0 0    
    uvg properties llc land 2004-10-04 326,987   L   0 0    
    computer 2012-10-12 1,841 1,739 SL 3.000000000000 102 0    
    computer 2014-07-01 1,555 561 SL 3.000000000000 518 0    

    TY 2015 InvestmentsOtherSchedule2
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    investments AT COST 3,389,124 3,389,124

    TY 2015 LandEtcSchedule2
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    south boulder properties llc land 796,284 0 796,284  
    uvg properties llc land 326,987 0 326,987  
    computer 1,841 1,841 0  
    computer 1,555 1,079 476  


    TY 2015 OtherAssetsSchedule
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    note interest receivable 30,480 30,480 30,480
    DUE FROM GPF, SPF AND BFAI   1,046,000 1,046,000


    TY 2015 OtherDecreasesSchedule
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    Description Amount
    expenses allocated to net investment income 50,468


    TY 2015 OtherExpensesSchedule
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    telephone 2,330 0   0
    bank and investment fees 0 28,617   0
    office expense 5,132 0   0
    dues and subscriptions 5,129 0   0
    PROFESSIONAL FEES 12,063 0   0


    TY 2015 OtherIncomeSchedule2
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    interest on notes 258,029 258,029 258,029


    TY 2015 OtherIncreasesSchedule
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    Description Amount
    unrealized gains 386,083


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

    TY 2015 OtherNotesLoansRcvblLongSch
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    yann sandt claude ries none 8,726,616 8,740,701 2013-12 2016-12 monthly payments 100.0000000000 % interest in three companies funding cash 8,740,701
    402 south boulder road llc none 2,600,000 1,835,776 2011-08 2038-05 monthly payments 700.0000000000 % real estate funding cash 1,835,776
    united vision group none 1,296,159 794,584 2013-02 2023-02 monthly payments 400.0000000000 % shares of stock in united vision group funding cash 794,584
    landmark investments company inclandmark investments company inc none 2,500,000 0 2012-07 2015-07 monthly payments 600.0000000000 % interest in three companies assigned investment assigned loan 0

    TY 2015 TaxesSchedule
    Name:
    UNITED VISION FOUNDATION
    EIN:
    91-1924248
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    real estate taxes 7,844 0   0
    foreign tax on investments 0 2,262   0
    payroll taxes 8,879 1,567   6,983
    EXCISE TAXES 0 4,308   0