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 07-01-2015 , and ending 06-30-2016
Name of foundation
THE WHITMAN INSTITUTE
 
Number and street (or P.O. box number if mail is not delivered to street address)405 DAVIS COURT NO 301
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94111
A Employer identification number

94-2984079
B Telephone number (see instructions)

(415) 982-0386
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$8,470,376J Accounting method:
Tax Basis
(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... 212,837 212,837  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 394,186
b Gross sales price for all assets on line 6a 1,871,231
7 Capital gain net income (from Part IV, line 2)... 394,186
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 67,370 67,370  
12 Total. Add lines 1 through 11........ 674,393 674,393  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 260,000 0   260,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 56,119 0   56,119
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 23,037 11,518   11,519
c Other professional fees (attach schedule).... Click to see attachment 85,330 77,084   8,247
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 28,540 446   19,102
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,948 0  
20 Occupancy.............. 50,373 0   50,373
21 Travel, conferences, and meetings....... 30,340 0   30,340
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 127,541 0   127,541
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 664,228 89,048   563,241
25 Contributions, gifts, grants paid....... 1,100,000 1,100,000
26 Total expenses and disbursements. Add lines 24 and 25 1,764,228 89,048   1,663,241
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,089,835
b Net investment income (if negative, enter -0-) 585,345
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............. 47,626 463,026 463,026
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   5,478 5,478
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 6,516,156 Click to see attachment5,121,247 5,363,576
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,237,729 Click to see attachment2,116,875 2,542,463
14 Land, buildings, and equipment: basis bullet34,264
Less: accumulated depreciation (attach schedule) bullet30,021 4,075 Click to see attachment4,243 4,243
15 Other assets (describe bullet) Click to see attachment91,732 Click to see attachment91,590 Click to see attachment91,590
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,897,318 7,802,459 8,470,376
Liabilities 17 Accounts payable and accrued expenses.......... 9,753 4,729
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)......... 9,753 4,729
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 8,887,565 7,797,730
30 Total net assets or fund balances (see instructions)..... 8,887,565 7,797,730
31 Total liabilities and net assets/fund balances (see instructions). 8,897,318 7,802,459
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
8,887,565
2
Enter amount from Part I, line 27a .....................
2
-1,089,835
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,797,730
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
7,797,730
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 DREYFUS STANDISH GLOBAL FIXED INCOME P 2014-08-15 2015-07-31
b FPA NEW INCOME P 2015-07-31 2015-12-16
c FPA NEW INCOME P 2013-03-06 2015-12-16
d FPA NEW INCOME P 2014-01-15 2015-12-16
e WASATCH LONG SHORT INSTITUTIONAL P 2012-03-26 2015-12-16
CRA QUALIFIED INVESTMENT INSTL P 2015-02-11 2016-05-05
DREYFUS STANDISH GLOBAL FIXED INCOME P 2014-08-15 2016-06-30
FPA NEW INCOME P 2014-01-15 2016-06-30
WETHERBY -4623 P    
WETHERBY -4623 P    
STCG FROM PARTNERSHIP P    
LTCG FROM PARTNERSHIP P    
(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 174,980   178,984 -4,004
b 173,228   175,000 -1,772
c 24,914   26,468 -1,554
d 1,837   1,893 -56
e 181,614   200,000 -18,386
503,201   500,000 3,201
159,480   161,337 -1,857
222,526   228,107 -5,581
1,391     1,391
    2,088 -2,088
    3,168 -3,168
428,060     428,060
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       -4,004
b       -1,772
c       -1,554
d       -56
e       -18,386
      3,201
      -1,857
      -5,581
      1,391
      -2,088
      -3,168
      428,060
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 2 394,186
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 1,643,918 10,651,537 0.154336
2013 1,743,596 11,748,558 0.148409
2012 1,598,992 12,594,440 0.126960
2011 1,462,197 13,358,502 0.109458
2010 1,079,272 14,307,181 0.075436
2
Total of line 1, column (d) .....................
20.614599
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
0.122920
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
9,242,460
5
Multiply line 4 by line 3......................
5
1,136,083
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,853
7
Add lines 5 and 6........................
7
1,141,936
8
Enter qualifying distributions from Part XII, line 4.............
8
1,663,241
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 5,853
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 5,853
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 5,853
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 13,720
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 13,720
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,867
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet7,867 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletTHEWHITMANINSTITUTE.ORG
    14
    The books are in care ofbulletTHE WHITMAN INSTITUTE Telephone no.bullet (415) 982-0386

    Located atbullet405 DAVIS COURTSAN FRANCISCOCA ZIP+4bullet94111
    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
    JOHN ESTERLE CO-EXECUTIVE DIRECTOR/SEC.
    40.00     		130,000 17,305 0
    405 DAVIS COURT 301
    SAN FRANCISCO,CA94111
    LES K ADLER DIRECTOR
    1.00     		0 0 0
    405 DAVIS COURT 301
    ROHNERT PARK,CA94111
    PIA INFANTE CO-EXECUTIVE DIRECTOR
    40.00     		130,000 17,305 0
    3065 KANSAS ST
    SAN FRANCISCO,CA94602
    JAMIE ALLISON CHAIR
    1.00     		0 0 0
    405 DAVIS COURT 301
    SAN FRANCISCO,CA94111
    SHANNON FARLEY DIRECTOR
    1.00     		0 0 0
    405 DAVIS COURT 301
    SAN FRANCISCO,CA94111
    CHARLES UGALDE DIRECTOR
    1.00     		0 0 0
    405 DAVIS COURT 301
    SAN FRANCISCO,CA94111
    VANESSA WHANG TREASURER
    1.00     		0 0 0
    405 DAVIS COURT 301
    SAN FRANCISCO,CA94111
    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
    9,029,324
    b
    Average of monthly cash balances.......................
    1b
    255,325
    c
    Fair market value of all other assets (see instructions)................
    1c
    98,559
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,383,208
    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
    9,383,208
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    140,748
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,242,460
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    462,123
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    462,123
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    5,853
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
    1,883
    c
    Add lines 2a and 2b............................
    2c
    7,736
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    454,387
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    454,387
    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
    454,387
    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
    1,663,241
    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
    1,663,241
    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
    5,853
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,657,388
    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 7 454,387
    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...... 369,591
    b From 2011...... 807,898
    c From 2012...... 982,466
    d From 2013...... 1,165,274
    e From 2014...... 1,139,913
    fTotal of lines 3a through e........ 4,465,142
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,663,241
    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..... 454,387
    e Remaining amount distributed out of corpus 1,208,854
    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 5,673,996
    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) ...     		369,591
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		5,304,405
    10 Analysis of line 9:
    a Excess from 2011.... 807,898
    b Excess from 2012.... 982,466
    c Excess from 2013.... 1,165,274
    d Excess from 2014.... 1,139,913
    e Excess from 2015.... 1,208,854
    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
    ACCE INSTITUTE
    3655 S GRAND AVE STE 250
    LOS ANGELES,CA90007     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 75,000
    ALLIANCE FOR GIRLS
    510 - 16TH ST STE 100
    OAKLAND,CA94612     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/EDUCATION 10,000
    BAY AREA JUSTICE FUNDERS NETWORK
    436 - 14TH ST STE 700
    OAKLAND,CA94612     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 10,000
    CELEF
    1330 BROADWAY 3RD FL
    OAKLAND,CA94612     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/EDUCATION 35,000
    CENTER FOR INVESTIGATIVE REPORTING
    1400 - 65TH ST STE 200
    EMERYVILLE,CA94608     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 25,000
    CENTER FOR MEDIA JUSTICE
    436 - 14TH STREET 5TH FL
    OAKLAND,CA94612     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 10,000
    CENTER FOR MEDIA JUSTICE
    436 - 14TH STREET 5TH FL
    OAKLAND,CA94612     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 5,000
    COMMONWEAL
    PO BOX 316
    BOLINAS,CA94924     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 25,000
    COMMONWEAL
    PO BOX 316
    BOLINAS,CA94924     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 10,000
    COMMUNITY FOCUS
    1440 BROADWAY STE 714
    OAKLAND,CA94612     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 15,000
    COMMUNITY INITIATIVES
    354 PINE STREET STE 700
    SAN FRANCISCO,CA94104     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 50,000
    CREATIVE CATALYSTS
    300 MONTGOMERY ST STE 621
    SAN FRANCISCO,CA94104     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 15,000
    DEMOS
    220 FIFTH AVENUE 2ND FLOOR
    NEW YORK,NY10001     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 35,000
    FORWARD TOGETHER
    1440 BROADWAY STE 301
    OAKLAND,CA94612     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 35,000
    FREE HISTORY PROJECT
    1136 HOWARD STREET
    SAN FRANCISCO,CA94103     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 5,000
    FREEDOM CENTER FOR SOCIAL JUSTICE
    4921 ALBEMARLE RD STE 201
    CHARLOTTE,NC28205     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 10,000
    HAWAII PEOPLE'S FUND
    949 KAPIOLANI BLVD STE 100
    HONOLULU,HI96814     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 5,000
    IMAGES OF VOICES AND HOPE
    206 - 50TH AVENUE NORTH
    ST PETERSBURG,FL33703     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/JOURNALISM 15,000
    INTERNATIONAL DEVELOPMENT EXCHANGE
    333 VALENCIA STREET STE 250
    SAN FRANCISCO,CA94103     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/LEADERSHIP DEVELOPMENT 50,000
    INTERNATIONAL DEVELOPMENT EXCHANGE
    333 VALENCIA ST STE 250
    SAN FRANCISCO,CA94103     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/LEADERSHIP DEVELOPMENT 5,000
    INTERSECTION FOR THE ARTS
    PO BOX 34310
    SAN FRANCISCO,CA94134     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 50,000
    INTERSECTION FOR THE ARTS
    PO BOX 34310
    SAN FRANCISCO,CA94134     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 10,000
    LATINO COMMUNITY FOUNDATION
    235 MONTGOMERY ST STE 1160
    SAN FRANCISCO,CA94104     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 35,000
    LIVING CITIES
    1090 AVENUE OF THE AMERICAS 17TH FL
    NEW YORK,NY10019     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 25,000
    MOVEMENT STRATEGY CENTER
    436 - 14TH STREET STE 500
    OAKLAND,CA94612     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 10,000
    NEO PHILANTHROPY
    45 WEST 36TH ST 6TH FLOOR
    NEW YORK,NY10018     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 25,000
    NEO PHILANTHROPY
    45 WEST 36TH ST 6TH FLOOR
    NEW YORK,NY10018     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 35,000
    ON THE MOVE
    2301 YAJOME STREET
    NAPA,CA94558     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/LEADERSHIP DEVELOPMENT 50,000
    ONE COMMON UNITY
    2437 - 15T ST NW
    WASHINGTON,DC20009     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 10,000
    PACE
    1201 - 15TH ST NW STE 700
    WASHINGTON,DC20005     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 5,000
    PROTEUS FUND
    15 RESEARCH DRIVE STE B
    AMHERST,MA01002     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 25,000
    REMAKE
    1012 TORNEY DRIVE STE 202
    SAN FRANCISCO,CA94129     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 15,000
    RIGHT QUESTION INSTITUTE
    464 MASSACHUSETTS AVE STE 314
    CAMBRIDGE,MA02140     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/EDUCATION 50,000
    ROCKEFELLER PHILANTHROPY ADVISORS
    6 WEST 48TH STREET 10TH FL
    NEW YORK,NY10036     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 20,000
    ROCKWOOD INSTITUTE
    426 - 17TH STREET STE 400
    OAKLAND,CA94612     		N/A PUBLIC CHARITY LEADERSHIP DEVELOPMENT 50,000
    SPIRIT IN ACTION
    21 WILBRAHAM ST BOX C3 STE 103D
    PALMER,MA01069     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 2,500
    TIDES - ALOHA
    PO BOX 29903
    SAN FRANCISCO,CA94129     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 2,500
    TIDES CENTER - LEADERSPRING
    655 - 13TH ST STE 100
    OAKLAND,CA94612     		N/A PUBLIC CHARITY LEADERSHIP DEVELOPMENT 50,000
    UC REGENTS
    1101 VALLEY LIFE SCIENCES BLVD 4780
    BERKELEY,CA94720     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/EDUCATION 10,000
    UNITED WE DREAM
    1900 L STREET NW STE 900
    WASHINGTON,DC20036     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 15,000
    VOICE OF WITNESS
    849 VALENCIA STREET
    SAN FRANCISCO,CA94110     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/EDUCATION 50,000
    WORLD CAFE COMMUNITY FOUNDATION
    336 BON AIR CENTER STE 149
    GREENBRAE,CA94904     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT 25,000
    YOUNG NONPROFIT PROFESSIONALS NETWORK
    244 - 5TH AVENUE STE L200
    NEW YORK,NY10001     		N/A PUBLIC CHARITY LEADERSHIP DEVELOPMENT 35,000
    ZERO DIVIDE
    255 CALIFORNIA ST SUITE 800
    SAN FRANCISCO,CA94111     		N/A PUBLIC CHARITY CIVIC ENGAGEMENT/JOURNALISM 50,000
    Total .................................bullet 3a 1,100,000
    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....     14 212,837  
    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.....     18 67,370  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 394,186  
    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).. 0 674,393 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13674,393
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 23,037 11,518   11,519

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

    TY 2015 DepreciationSchedule
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    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
    FURNITURE & EQUIPMENT 1997-11-24 499 499 SL 5.000000000000 0 0    
    FURNITURE & EQUIPMENT 2005-01-01 9,763 9,763 SL 5.000000000000 0 0    
    FURNITURE & EQUIPMENT 2005-01-01 3,000 3,000 VAR 5.000000000000 0 0    
    FURNITURE & EQUIPMENT 1995-12-15 1,073 1,073 SL 5.000000000000 0 0    
    COPIER 2007-01-05 1,409 1,409 SL 5.000000000000 0 0    
    COMPUTER 2007-11-30 769 769 SL 5.000000000000 0 0    
    COMPUTER 2011-03-08 349   SL 5.000000000000 0 0    
    COMPUTER 2011-03-10 2,109   SL 5.000000000000 0 0    
    FURNITURE & EQUIPMENT 2013-02-20 1,707 406 SL 5.000000000000 171 0    
    FURNITURE & EQUIPMENT 2013-02-13 505 119 SL 5.000000000000 50 0    
    COMPUTER 2013-04-29 2,147 457 SL 5.000000000000 215 0    
    COMPUTER 2013-04-25 2,015 427 SL 5.000000000000 201 0    
    FURNITURE & EQUIPMENT 2013-04-20 609 130 SL 5.000000000000 61 0    
    FURNITURE & EQUIPMENT 2013-06-27 272 57 SL 5.000000000000 27 0    
    FURNITURE & EQUIPMENT 2014-01-11 225 30 SL 5.000000000000 22 0    
    FURNITURE & EQUIPMENT 2014-06-12 1,647 186 SL 5.000000000000 165 0    
    COMPUTER 2014-06-09 543 61 SL 5.000000000000 54 0    
    APPLE COMPUTER 2014-07-07 949 47 SL 5.000000000000 95 0    
    CANON POWERSHOT CAMERA 2014-08-15 510 26 SL 5.000000000000 51 0    
    CYBERPOWER PC DESKTOP AND MONITOR 2014-09-30 685 34 SL 5.000000000000 68 0    
    QUICKBOOKS PRO2014 2014-07-21 272 23 SL 3.000000000000 45 0    
    COMPUTER MONITOR 2014-09-29 91 5 SL 5.000000000000 9 0    
    APPLE COMPUTER 2015-10-16 1,918   SL 5.000000000000 1,055 0    
    APPLE COMPUTER 2015-11-01 1,198   SL 5.000000000000 659 0    

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Name of Bond End of Year Book Value End of Year Fair Market Value
    WETHERBY ASSET MANAGEMENT 5,121,247 5,363,576

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PALLADIAN PARTNERS IV, LLC FMV 178,241 149,049
    METROPOLITAN PARTNERS FMV 382,742 232,986
    GT OFFSHORE FUND FMV 468,827 868,457
    PALLADIAN PARTNERS V-A, LLC FMV 202,550 271,780
    MAPCO 2006 FMV 422,919 445,824
    HUDSON REALTY CAPITAL FUND IV, LP FMV 92,867 70,633
    HUDSON REALTY CAPITAL FUND IV-CO INVESTMENT VEHICLE, LP FMV 5,838 653
    PALLADIAN PARTNERS VI, LP FMV 158,673 276,452
    ROSEMONT-SOLEBURY CO-INVESTMENT FUND LP FMV 61,329 87,120
    ALLIANCE BERSTEIN FMV 4,970 4,970
    FORTRESS PARTNERS OFFSHORE FUND FMV 137,919 134,539

    TY 2015 LandEtcSchedule2
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE & EQUIPMENT 499 499 0  
    FURNITURE & EQUIPMENT 9,763 9,763 0  
    FURNITURE & EQUIPMENT 3,000 3,000 0  
    FURNITURE & EQUIPMENT 1,073 1,073 0  
    COPIER 1,409 1,409 0  
    COMPUTER 769 769 0  
    COMPUTER 349 349 0  
    COMPUTER 2,109 2,109 0  
    FURNITURE & EQUIPMENT 1,707 1,431 276  
    FURNITURE & EQUIPMENT 505 422 83  
    COMPUTER 2,147 1,746 401  
    COMPUTER 2,015 1,636 379  
    FURNITURE & EQUIPMENT 609 496 113  
    FURNITURE & EQUIPMENT 272 220 52  
    FURNITURE & EQUIPMENT 225 165 60  
    FURNITURE & EQUIPMENT 1,647 1,175 472  
    COMPUTER 543 387 156  
    APPLE COMPUTER 949 617 332  
    CANON POWERSHOT CAMERA 510 332 178  
    CYBERPOWER PC DESKTOP AND MONITOR 685 445 240  
    QUICKBOOKS PRO2014 272 204 68  
    COMPUTER MONITOR 91 60 31  
    APPLE COMPUTER 1,918 1,055 863  
    APPLE COMPUTER 1,198 659 539  


    TY 2015 OtherAssetsSchedule
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FINE ARTS 10,500 10,500 10,500
    DEPOSITS AND OTHER ASSETS 81,232 81,090 81,090


    TY 2015 OtherExpensesSchedule
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 11,070 0   11,070
    MISCELLANEOUS OTHER EXPENSES 26,006 0   26,006
    FOUNDATION RETREAT 90,465 0   90,465


    TY 2015 OtherIncomeSchedule2
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INVESTMENT 67,370 67,370 67,370


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 10,592 2,345   8,247
    MANAGEMENT AND CUSTODIAN FEES 74,738 74,739   0


    TY 2015 TaxesSchedule
    Name:
    THE WHITMAN INSTITUTE
    EIN:
    94-2984079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 8,887 0   0
    STATE TAX AND FILING FEES 105 0   0
    PAYROLL TAXES 19,102 0   19,102
    FOREIGN TAXES 446 446   0