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
NAZARIAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)147 DEMAREST AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ENGLEWOOD CLIFFS, NJ07632
A Employer identification number

11-2889824
B Telephone number (see instructions)

(201) 408-5227
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$8,580,174J 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... 168,285 168,285  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 191,144
b Gross sales price for all assets on line 6a 1,618,678
7 Capital gain net income (from Part IV, line 2)... 191,144
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 359,429 359,429  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 43,397 43,397   0
17 Interest............... 472 472   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 29,547 2,454   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 73,416 46,323   0
25 Contributions, gifts, grants paid....... 526,650 526,650
26 Total expenses and disbursements. Add lines 24 and 25 600,066 46,323   526,650
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -240,637
b Net investment income (if negative, enter -0-) 313,106
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............. 20,528 8,437 8,437
2 Savings and temporary cash investments......... 100,567 266,364 266,364
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)....... 7,436,744 Click to see attachment7,042,401 8,305,373
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,557,839 7,317,202 8,580,174
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 7,557,839 7,317,202
30 Total net assets or fund balances (see instructions)..... 7,557,839 7,317,202
31 Total liabilities and net assets/fund balances (see instructions). 7,557,839 7,317,202
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
7,557,839
2
Enter amount from Part I, line 27a .....................
2
-240,637
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,317,202
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,317,202
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 PUBLICLY TRADED MUTUAL FUNDS - CAP GAIN DISTRIB      
b PUBLICLY TRADED SECURITIES - LONG TERM      
c PUBLICLY TRADED SECURITIES - SHORT TERM      
d
e
(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 153,566     153,566
b 1,085,345   983,785 101,560
c 379,767   443,749 -63,982
d
e
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       153,566
b       101,560
c       -63,982
d
e
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 2 191,144
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 475,700 8,705,440 0.054644
2013 427,800 8,532,309 0.050139
2012 1,558,139 8,185,238 0.190360
2011 389,985 6,951,840 0.056098
2010 273,910 6,810,760 0.040217
2
Total of line 1, column (d) .....................
20.391458
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
0.078292
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
8,129,355
5
Multiply line 4 by line 3......................
5
636,463
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,131
7
Add lines 5 and 6........................
7
639,594
8
Enter qualifying distributions from Part XII, line 4.............
8
526,650
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 6,262
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 6,262
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 6,262
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 9,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 186
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,552
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,552 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 addressbulletNONE
    14
    The books are in care ofbulletNAZAR NAZARIAN Telephone no.bullet (201) 408-5227

    Located atbullet147 DEMAREST AVENUEENGLEWOOD CLIFFSNJ ZIP+4bullet076321923
    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
     
    No
    .........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). Click to see attachment
    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
    NAZAR NAZARIAN DIRECTOR
    5.00     		0 0 0
    147 DEMAREST AVENUE
    ENGLEWOOD CLIFFS,NJ07632
    ARTEMIS NAZARIAN DIRECTOR
    5.00     		0 0 0
    147 DEMAREST AVENUE
    ENGLEWOOD CLIFFS,NJ07632
    SETA NAZARIAN DIRECTOR
    5.00     		0 0 0
    147 DEMAREST AVENUE
    ENGLEWOOD CLIFFS,NJ07632
    LEVON NAZARIAN DIRECTOR
    5.00     		0 0 0
    147 DEMAREST AVENUE
    ENGLEWOOD CLIFFS,NJ07632
    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
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    8,114,342
    b
    Average of monthly cash balances.......................
    1b
    138,810
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,253,152
    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
    8,253,152
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    123,797
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,129,355
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    406,468
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    406,468
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    6,262
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,262
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    400,206
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    400,206
    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
    400,206
    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
    526,650
    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
    526,650
    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
    526,650
    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 7 400,206
    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...... 44,983
    c From 2012...... 1,166,099
    d From 2013...... 14,201
    e From 2014...... 66,772
    fTotal of lines 3a through e........ 1,292,055
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 526,650
    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..... 400,206
    e Remaining amount distributed out of corpus 126,444
    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 1,418,499
    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 ......     		1,418,499
    10 Analysis of line 9:
    a Excess from 2011.... 44,983
    b Excess from 2012.... 1,166,099
    c Excess from 2013.... 14,201
    d Excess from 2014.... 66,772
    e Excess from 2015.... 126,444
    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
    AARP FOUNDATION
    PO BOX 93207
    LONG BEACH,CA908093207     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 100
    ALEPPO COMPATRIOTIC CHARITABLE ORGANIZATION
    11 NORTHERN AVE - 0001
      0001, YEREVAN  
    AM     		NONE NC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 1,000
    AMERICAN UNIVERSITY OF ARMENIA
    300 LAKESIDE DRIVE
    OAKLAND,CA94612     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 50,000
    AMERICAN UNIVERSITY OF BEIRUT
    3 DAG HAMMARSKJOLD PLAZA - 8TH
    FLOOR
    NEW YORK,NY10017     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 200
    ARMENIAN APOSTOLIC CHURCH OF AMERICA
    630 SECOND AVENUE
    NEW YORK,NY10016     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 200
    ARMENIAN ASSEMBLY OF AMERICA
    734 15TH ST NW SUITE 500
    WASHINGTON,DC20005     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 1,500
    ARMENIAN CHURCH ENDOWMENT FUND
    630 SECOND AVENUE
    NEW YORK,NY10016     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    ARMENIAN GENERAL BENEVOLENT UNION
    55 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 16,000
    ARMENIAN NURSING & REHABILITATION CENTER
    431 POND STREET
    JAMAICA PLAIN,MA02130     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    ARMENIAN RADIO HOUR OF NJ
    400 SOUTH ORANGE AVENUE
    SOUTH ORANGE,NJ07079     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 10,000
    ARMENIAN RELIEF SOCIETY OF WESTERN USA
    517 WEST GLENOAKS BLVD
    GLENDALE,CA91202     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    BERGEN COMMUNITY COLLEGE FOUNDATION
    400 PARAMUS ROAD
    PARAMUS,NJ07652     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 6,000
    BOSTON UNIVERSITY
    ONE SILBER WAY
    BOSTON,MA02215     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 15,000
    CLARK UNIVERSITY
    950 MAIN STREET
    WORCESTER,MA01610     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 15,000
    DANA-FARBER CANCER INSTITUTE
    PO BOX 849168
    BOSTON,MA022849168     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    DIOCESE OF THE ARMENIAN CHURCH OF AMERICA
    630 SECOND AVENUE
    NEW YORK,NY10016     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 118,000
    DIRECT HELP TO ARMENIAN PEOPLE
    2213 60TH STREET
    BROOKLYN,NY11204     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    DWIGHT ENGLEWOOD SCHOOL
    315 EAST PALISADE AVE
    ENGLEWOOD,NJ07631     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 2,000
    FLAT ROCK BROOK NATURE ASSOCIATION
    443 VAN NOSTRAND AVE
    ENGLEWOOD,NJ07631     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 100
    FOUNDATION FOR GYNECOLOGIC ONCOLOGY
    230 W MONROE STREET - SUITE 710
    CHICAGO,IL606064902     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 2,500
    FRACTURED ATLAS INC
    248 W 35TH ST - 10TH FLOOR
    NEW YORK,NY10001     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    FUND FOR ARMENIAN RELIEF
    630 SECOND AVENUE
    NEW YORK,NY10016     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 110,000
    HARVARD UNIVERSITY - CMES
    38 KIRKLAND ST
    CAMBRIDGE,MA02138     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 15,000
    HOLY MARTYRS ARMENIAN DAY SCHOOL
    20915 HORACE HARDING EXPRESSWAY
    OAKLAND GARDENS,NY11364     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,500
    HOVNANIAN SCHOOL
    817 RIVER ROAD
    NEW MILFORD,NJ07646     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 12,000
    LINK EDUCATION PARTNERS
    23 PENNSYLVANIA AVENUE
    NEWARK,NJ07114     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    NEW YORK ARMENIAN HOME
    13731 45TH AVENUE
    FLUSHING,NY11355     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    NOR OR CHARITABLE FOUNDATION
    1901 ALLEN AVENUE
    ALTADENA,CA910013421     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 10,250
    NORTHERN NJ COMMUNITY FUND
    1 GRAND AVENUE - SUITE 3
    ENGLEWOOD,NJ07631     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 1,000
    PROJECT SAVE ARMENIAN PHOTOGRAPH ARCHIVES
    65 MAIN STREET - 3RD FLOOR
    WATERTOWN,MA02471     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 300
    SOUTHEAST SENIOR CENTER FOR INDEPENDENT LIVING
    228 GRAND AVENUE
    ENGLEWOOD,NJ07631     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 1,500
    ST GREGORY OF NAREK ARMENIAN CHURCH
    678 RICHMOND ROAD
    RICHMOND HEIGHTS,OH44143     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 10,000
    ST JUDE'S CHILDREN RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 2,500
    ST MARYS ARMENIAN CHURCH
    4125 FESSENDEN STREET NW
    WASHINGTON,DC20016     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    ST THOMAS ARMENIAN CHURCH
    ROUTE 9W EAST CLINTON AVENUE - PO
    BOX 53
    TENAFLY,NJ07670     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    TEKEYAN CULTURAL ASSOCIATION
    755 MOUNT AUBURN STREET
    WATERTOWN,MA02472     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 61,000
    THE ARMENIAN MIRROR SPECTATOR
    755 MOUNT AUBURN STREET
    WATERTOWN,MA02472     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 11,000
    THE ARMENIAN NURSING AND REHABILITATION CENTER
    70 MAIN ST
    EMERSON,NJ07630     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    THE WOMANS CLUB OF ENGLEWOOD
    187 BRINCKERHOFF COURT
    ENGLEWOOD,NJ07631     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 3,000
    VERISMO OPERA COMPANY
    PO BOX 3024
    FORT LEE,NJ07024     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 1,000
    VOICE OF ARMENIA
    7004 KENNEDY BLVD E APT 34B
    WEST NEW YORK,NJ07093     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    WELLS MOUNTAIN FOUNDATION INC
    25D MAIN STREET
    BRISTOL,VT05443     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 5,000
    WESLEYAN UNIVERSITY
    WESLEYAN UNIVERSITY - WESLEYAN
    STATION
    MIDDLETOWN,CT06459     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 20,000
    ZORYAN INSTITUTE FOR CONTEMP ARMEN RESEARCH & DOCUMEN INC
    7 CENTRAL ST SUITE 202
    ARLINGTON,MA02476     		NONE PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3) 500
    Total .................................bullet 3a 526,650
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 168,285  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 191,144  
    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).. 0 359,429 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13359,429
    (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

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

    TY 2015 ExpenditureResponsibilityStmt
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    ALEPPO COMPATRIOTIC CHARITABLE ORGANIZATION
          		11 NORTHERN AVE - 0001
    YEREVAN    
    AM     		2016-11-28 1,000 TO PROVIDE SHORT TERM RELIEF ASSISTANCE TO SYRIAN CITIZENS SHELTERED IN ARMENIA.          

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS - 712 SHARES 27,318 27,106
    ABBVIE INC - 661 SHARES 35,932 40,189
    ACCENTURE PLC CL A - 1,360 SHARES 121,880 162,425
    ADIENT PLC - 49 SHARES 0 2,619
    ADOBE SYSTEMS INC - 352 SHARES 18,136 36,189
    AFFILIATED MANAGERS GROUP - 200 SHARES 41,738 29,620
    ALLERGAN PLC - 119 SHARES 17,137 23,122
    ALPHABET INC - 417 SHARES 219,822 323,542
    ALPHABET INC - 50 SHARES 23,274 37,902
    ALPHAONE MICRO CAP EQUITY FUND CL I - 3,962 50,000 51,981
    AMERICAN EXPRESS CO - 1,900 SHARES 147,848 136,876
    AMGEN INC - 112 SHARES 12,957 16,136
    ANHEUSER BUSCH INBEV SA / NV SPONSORED ADR BELGIUM - 228 SHARES 24,540 23,546
    APPLE INC - 2,831 SHARES 290,692 312,882
    BANK AMER CORP - 9,350 SHARES 152,835 197,472
    BIOGEN IDEC INC - 63 SHARES 19,368 18,526
    BRISTOL MYERS SQUIBB CO - 565 SHARES 19,347 31,889
    BROADCOM LTD SINGAPORE - 380 SHARES 18,908 64,786
    CAPITAL ONE FINL CORP - 512 SHARES 30,405 43,028
    CARDINAL HEALTH INC - 385 SHARES 27,376 27,339
    CATERPILLAR INC - 1,568 SHARES 128,054 149,838
    CELGENE CORP - 255 SHARES 26,277 30,220
    CHECK POINT SOFTWARE TECH LTD ORD ISRAEL - 2,250 SHARES 190,074 185,243
    CHEVRON CORP - 1,000 SHARES 104,666 111,560
    CINEMARK HLDGS INC - 2,700 SHARES 99,499 107,568
    CITIGROUP INC - 2,700 SHARES 141,774 152,253
    COMCAST CORP NEW CL A - 825 SHARES 33,721 57,346
    COSTCO WHSL CORP NEW - 215 SHARES 19,485 32,274
    DISNEY WALT CO COM DISNEY - 207 SHARES 8,236 20,518
    DOVER CORP - 437 SHARES 23,796 31,731
    DOW CHEM CO - 574 SHARES 28,189 31,983
    EATON CORP PLC IRELAND - 380 SHARES 18,048 25,274
    EXXON MOBIL CORP - 2,200 SHARES 172,986 192,060
    FACEBOOK INC CL A COM - 427 SHARES 21,841 50,565
    FEDEX CORP - 1,250 SHARES 212,977 239,587
    FNF GROUP - 889 SHARES 22,168 28,395
    GILEAD SCIENCES INC - 333 SHARES 7,076 24,542
    HALLIBURTON CO - 436 SHARES 17,308 23,147
    HARTFORD FINL SVCS GROUP INC - 790 SHARES 28,844 37,225
    HCA HLDGS INC - 358 SHARES 19,617 25,379
    HELMERICH & PAYNE INC - 550 SHARES 34,511 41,608
    HOME DEPOT INC - 325 SHARES 13,971 42,055
    HONEYWELL INTL INC - 387 SHARES 21,314 44,094
    INGERSOLL-RAND CO LTD IRELAND - 657 SHARES 25,927 48,973
    INTERCONTINENTAL EXCHANGE INC - 1,145 SHARES 32,927 63,433
    INTERNATIONAL FLAVORS & FRAGRANCE - 1,700 SHARES 184,634 205,785
    INVESCO LTD BERMUDA - 980 SHARES 20,333 30,684
    ISHARES CHINA LARGE-CAP ETF - 3,550 SHARES 162,399 133,445
    ISHARES CORE MSCI EAFE ETF - 1,000 SHARES 55,147 52,860
    ISHARES CORE MSCI EMERGING MKTS ETF - 3,500 SHARES 138,784 151,445
    ISHARES US OIL EQUIP & SVCS ETF - 800 SHARES 34,628 35,256
    J P MORGAN CHASE & CO - 2,260 SHARES 120,329 181,184
    JACOBS ENGR GROUP INC DEL - 3,250 SHARES 139,832 201,533
    JOHNSON CTLS INTL PLC IRELAND - 489 SHARES 22,342 21,995
    LAM RESEARCH CORP - 361 SHARES 26,313 38,273
    LONGLEAF PARTNERS SM CAP FD - 4,802 SHARES 150,000 132,426
    LOWES COS INC - 1,950 SHARES 141,246 137,572
    MATTHEWS INTL FUNDS PAC TIGER FUND - 5,374 SHARES 150,000 129,523
    MEDTRONIC PLC IRELAND - 850 SHARES 64,558 62,059
    MERCK & CO INC NEW COM - 595 SHARES 27,601 36,408
    MONDELEZ INTL INC - 1,176 SHARES 29,741 48,498
    MONSTER BEVERAGE CORP - 1,248 SHARES 28,728 55,848
    MUTUAL SER FUND INC DISCOVERY FUND CL Z - 36,408 SHARES 894,016 1,153,778
    OAKMARK INTERNATIONAL FUND CL I - 10,625 SHARES 250,000 233,319
    ORACLE CORP - 4,250 SHARES 182,256 170,807
    PEPSICO INC - 1,504 SHARES 134,852 150,550
    PFIZER INC - 870 SHARES 18,886 27,962
    PNC FINL SVCS GROUP INC - 490 SHARES 28,880 54,165
    PRAXAIR INC - 800 SHARES 97,542 96,240
    SALESFORCE COM INC - 638 SHARES 19,789 45,936
    SCHLUMBERGER LTD CURACAO - 2,162 SHARES 151,645 181,716
    SELECT SECTOR SPDR TR ENERGY - 800 SHARES 64,117 59,544
    SPDR OIL & GAS EQUIPMENT & SVCS ETF - 2,000 SHARES 35,140 42,400
    STATE STR CORP - 600 SHARES 24,928 47,280
    TE CONNECTIVITY LTD SWITZERLAND - 407 SHARES 24,126 27,529
    TEXAS INSTRS INC - 490 SHARES 14,537 36,226
    THERMO FISHER SCIENTIFIC CORP - 1,247 SHARES 156,073 174,717
    TIFFANY & CO NEW - 1,600 SHARES 146,042 131,968
    UNION PAC CORP - 1,132 SHARES 107,984 114,706
    UNITED TECHNOLOGIES CORP - 1,010 SHARES 103,462 108,797
    VALERO ENERGY CORP NEW - 440 SHARES 8,057 27,086
    VANGUARD HORIZON FDS STRATEGIC SMAL CAP EQUITY FD INVS SHS - 4,808 SHARES 150,000 162,692
    WALGREENS BOOTS ALLIANCE INC - 2,350 SHARES 180,655 199,115

    TY 2015 OtherProfessionalFeesSchedule
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 43,397 43,397   0


    TY 2015 TaxesSchedule
    Name:
    NAZARIAN FAMILY FOUNDATION
    EIN:
    11-2889824
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 2,454 2,454   0
    PRIOR YEAR TAX 26,344 0   0
    PENALTIES PAID 749 0   0