Form990-PF
Click to see attachment

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 05-01-2015 , and ending 04-30-2016
Name of foundation
THE SNIDER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)937 E HAVERFORD RD NO 104
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRYN MAWR, PA19010
A Employer identification number

23-2047668
B Telephone number (see instructions)

(484) 380-2548
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$26,578,135J 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) 6,007,577
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 493,369 500,780  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 894,923
b Gross sales price for all assets on line 6a 3,012,446
7 Capital gain net income (from Part IV, line 2)... 2,989,291
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 214,448 -155  
12 Total. Add lines 1 through 11........ 7,610,317 3,489,916  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 121,174 0   121,174
14 Other employee salaries and wages...... 98,239 0   98,239
15 Pension plans, employee benefits....... 7,012 0   7,012
16a Legal fees (attach schedule)......... Click to see attachment 36,426 0   36,426
b Accounting fees (attach schedule)....... Click to see attachment 714 71   643
c Other professional fees (attach schedule).... Click to see attachment 5,488 0   5,488
17 Interest............... 51,825 51,825   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 31,500 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 65,649 0   65,649
21 Travel, conferences, and meetings....... 18,535 0   18,535
22 Printing and publications.......... 4,382 0   4,382
23 Other expenses (attach schedule)....... Click to see attachment 15,127 0   15,127
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 456,071 51,896   372,675
25 Contributions, gifts, grants paid....... 3,868,447 3,868,447
26 Total expenses and disbursements. Add lines 24 and 25 4,324,518 51,896   4,241,122
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,285,799
b Net investment income (if negative, enter -0-) 3,438,020
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.............      
2 Savings and temporary cash investments......... 25,719 1,156,530 1,156,530
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)....... 12,995,253 Click to see attachment15,150,241 25,421,605
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) 13,020,972 16,306,771 26,578,135
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) Click to see attachment4,287,157 Click to see attachment2,310,591
23 Total liabilities (add lines 17 through 22)......... 4,287,157 2,310,591
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 8,733,815 13,996,180
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 8,733,815 13,996,180
31 Total liabilities and net assets/fund balances (see instructions). 13,020,972 16,306,771
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
8,733,815
2
Enter amount from Part I, line 27a .....................
2
3,285,799
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,976,566
4
Add lines 1, 2, and 3 ..........................
4
13,996,180
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
13,996,180
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 SECURITIES      
b LP EIN: 27-2339604 P    
c LP EIN: 83-0419741 P    
d LP EIN: 51-0407509 P    
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 3,012,004   22,341 2,989,663
b 442     442
c     612 -612
d     202 -202
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       2,989,663
b       442
c       -612
d       -202
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 2,989,291
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 3,023,828 20,561,707 0.147061
2013 2,795,733 17,404,589 0.160632
2012 1,999,850 9,680,835 0.206578
2011 1,403,570 7,183,052 0.195400
2010 2,034,234 7,346,511 0.276898
2
Total of line 1, column (d) .....................
20.986569
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
0.197314
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
21,318,275
5
Multiply line 4 by line 3......................
5
4,206,394
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
34,380
7
Add lines 5 and 6........................
7
4,240,774
8
Enter qualifying distributions from Part XII, line 4.............
8
4,241,122
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 34,380
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 34,380
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 34,380
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 34,548
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.............. Part VI Line 7 - Tax Paid with the Original Return: 31307 7 65,855
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 113
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 31,362
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 RefundedBullet 11 31,362
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)
    bulletPA
    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 addressbulletWWW.SNIDERFOUNDATION.ORG
    14
    The books are in care ofbulletMICHAEL CORNER Telephone no.bullet (215) 670-2010

    Located atbullet1500 WALNUT ST 1200PHILADELPHIAPA ZIP+4bullet19102
    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
    ELISE WESTHOFF EXECUTIVE DIRECTOR
    40.00     		121,174 0 0
    927 E HAVERFORD RD STE 104
    BRYN MAWR,PA19010
    EDWARD SNIDER DECEASED CHAIRMAN
    5.00     		0 0 0
    927 E HAVERFORD RD STE 104
    BRYN MAWR,PA19010
    SANDY LIPSTEIN TREASURER
    5.00     		0 0 0
    927 E HAVERFORD RD STE 104
    BRYN MAWR,PA19010
    FRED SHABEL VICE CHAIRMAN
    5.00     		0 0 0
    927 E HAVERFORD RD STE 104
    BRYN MAWR,PA19010
    PHILLIP WEINBERG TRUSTEE
    5.00     		0 0 0
    927 E HAVERFORD RD STE 104
    BRYN MAWR,PA19010
    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
    AMY WESTPHAL GRANT MANAGER
    40.00     		100,000 0 0
    927 E HAVERFORD RD STE 104
    BRYN MAWR,PA19010
    HEATHER GOLDSMITH GRANT MANAGER
    40.00     		100,000 0 0
    927 E HAVERFORD RD STE 104
    BRYN MAWR,PA19010
    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
    21,458,661
    b
    Average of monthly cash balances.......................
    1b
    184,258
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,642,919
    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
    21,642,919
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    324,644
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,318,275
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,065,914
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,065,914
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    34,380
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    34,380
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,031,534
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,031,534
    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
    1,031,534
    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
    4,241,122
    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
    4,241,122
    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
    34,380
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,206,742
    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 1,031,534
    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...... 1,696,689
    b From 2011...... 1,060,657
    c From 2012...... 1,564,935
    d From 2013...... 1,934,956
    e From 2014...... 1,989,743
    fTotal of lines 3a through e........ 8,246,980
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 4,241,122
    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..... 1,031,534
    e Remaining amount distributed out of corpus 3,209,588
    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 11,456,568
    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) ...     		1,696,689
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		9,759,879
    10 Analysis of line 9:
    a Excess from 2011.... 1,060,657
    b Excess from 2012.... 1,564,935
    c Excess from 2013.... 1,934,956
    d Excess from 2014.... 1,989,743
    e Excess from 2015.... 3,209,588
    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
    AICE
    2810 BLAINE DR
    CHASE,MO20815     		  PC OPERATING SUPPORT 5,000
    AMCHA INITIATIVE
    227 DICKENS WAY
    SANTA CRUZ,CA95064     		  PC OPERATING SUPPORT 10,000
    AMERICAN ENT INST FOR POLICY RESEARCH
    1789 MASSACHUSETTS AVE
    WASHINGTON,DC20036     		  PC OPERATING SUPPORT 7,500
    AMERICAN FRIENDS OF YAD VASHEM
    500 5TH AVE
    NEW YORK,NY10110     		  PC OPERATING SUPPORT 20,000
    AMERICAN MAJORITY
    PO BOX 87 42ND FLR
    PURCEVILLE,VA20134     		  PC OPERATING SUPPORT 5,000
    ANTI VIOLENCE PARTNERSHIP OF PHILADELPHIA
    2000 HAMILTON ST
    PHILADELPHIA,PA19130     		  PC OPERATING SUPPORT 1,000
    BICYCLE COALITION OF GREATER PHILADELPHIA
    1500 WALNUT ST
    PHILADELPHIA,PA19102     		  PC OPERATING SUPPORT 5,000
    C B COMMUNITY SCHOOLS
    2111 EAST HAMES
    PHILADELPHIA,PA19138     		  PC OPERATING SUPPORT 20,000
    CAMERA
    PO BOX 35040
    BOSTON,MA02135     		  PC OPERATING SUPPORT 15,000
    CENTER FOR COMPETITIVE POLITICS
    124 S WEST ST STE 201
    ALEXANDRIA,VA22314     		  PC OPERATING SUPPORT 5,000
    CENTER FOR INDEPENDENT THOUGHT
    1420 WALNUT ST STE 1011
    PHILADELPHIA,PA19102     		  PC OPERATING SUPPORT 5,000
    CENTER FOR ISRAEL EDUCATION
    PO BOX 15129
    ATLANTA,GA30333     		  PC OPERATING SUPPORT 5,000
    CHILDREN'S HOSPITAL FOUNDATION
    34TH ST AND CIVIC CENTER BLVD
    PHILADELPHIA,PA19104     		  PC OPERATING SUPPORT 200,000
    CHRISTIANS UNITED FOR ISRAEL
    18410 SONTERRA PL
    SAN ANTONIO,TX78258     		  PC OPERATING SUPPORT 10,000
    CLANON FUND
    1844 N NOB HILL RD STE 210
    PLANTATION,FL33322     		  PC OPERATING SUPPORT 7,500
    COMMONWEALTH FOUNDATION FOR PUBLIC POLICY ALT
    225 STATE ST STE 302
    HAMBURG,PA17101     		  PC OPERATING SUPPORT 30,000
    COMMUNITY ED ALLIANCE OF WEST PHILADELPHIA
    1630 LOCUST ST
    PHILADELPHIA,PA19103     		  PC OPERATING SUPPORT 5,000
    COMMUNITY SECURITY SERVICE
    132 E 43RD ST STE 552
    NEW YORK,NY10017     		  PC OPERATING SUPPORT 50,000
    CRADLE TO CRAYONS
    30 CLIPPER RD PO BOX 799
    WEST CONSHOHOCKEN,PA19428     		  PC OPERATING SUPPORT 5,000
    DAVID HOROWITZ FREEDOM CENTER
    14724 VENTURA BLVD
    SHERMAN OAKS,CA91403     		  PC OPERATING SUPPORT 100,000
    DONORS TRUST
    109 NORTH HENRY ST
    ALEXANDRIA,VA22314     		  PC OPERATING SUPPORT 286,060
    ELECTRIC INFRASTRUCTURE SECURITY COUNCIL
    840 FIRST ST NE 3RD FLR
    WASHINGTON,DC20002     		  PC OPERATING SUPPORT 35,000
    FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION
    510 WALNUT ST STE 1250
    PHILADELPHIA,PA19106     		  PC OPERATING SUPPORT 25,000
    FEDERALIST SOCIETY
    1776 I ST NW STE 300
    WASHINGTON,DC20006     		  PC OPERATING SUPPORT 5,000
    FOREIGN POLICY RESEARCH INSTITUTE
    1528 WALNUT ST STE 610
    PHILADELPHIA,PA19102     		  PC OPERATING SUPPORT 2,500
    FOUNDATION FOR DEFENSE OF DEMOCRACIES
    1800 M ST NW STE 800S
    WASHINGTON,DC20036     		  PC OPERATING SUPPORT 25,000
    FREEDOMS FOUNDATION AT VALLEY FORGE
    1601 VALLEY FORGE RD PO BOX 67
    VALLEY FORGE,PA19481     		  PC OPERATING SUPPORT 15,000
    FRIENDS OF COBBOSSEE WATERSHED
    PO BOX 5003
    AUGUSTA,ME04332     		  PC OPERATING SUPPORT 15,000
    FRIENDS OF ELNET
    641 LEXINGTON AVE 17TH FLR
    NEW YORK,NY10022     		  PC OPERATING SUPPORT 15,000
    FRIENDSHIP CIRCLE PHILADELPHIA REGION
    754 S 9TH ST
    PHILADELPHIA,PA19147     		  PC OPERATING SUPPORT 5,000
    GANNA WALSKA LOTUSLAND
    695 ASHLEY RD
    SANTA BARBARA,CA93108     		  PC OPERATING SUPPORT 1,000
    GIL GALANOS ISRAEL & CO
    205 EAST 42ND ST 16TH FLR
    NEW YORK,NY10017     		  PC OPERATING SUPPORT 7,500
    GLADWYNE FIRE COMPANY
    PO BOX 11
    GLADWYNE,PA19035     		  PC OPERATING SUPPORT 1,000
    GREATER SANTA BARBARA ICE SKATING ASSOCIATION
    PO BOX 478
    SANTA BARBARA,CA93102     		  PC OPERATING SUPPORT 100,000
    HENTAGE FOUNDATION
    214 MASSACHUSETTS AVE NE
    WASHINGTON,DC20002     		  PC OPERATING SUPPORT 5,000
    INSTITUTE FOR JUSTICE
    901 NORTH GLEBE RD STE 900
    ARLINGTON,VA22203     		  PC OPERATING SUPPORT 25,000
    INSTITUTE TO REDUCE SPENDING
    PO BOX 1031
    ALEXANDRIA,VA22313     		  PC OPERATING SUPPORT 15,000
    INTERCOLLEGIATE STUDIES INSTITUTE INC
    3901 CENTERVILLE RD
    WILMINGTON,DE19807     		  PC OPERATING SUPPORT 10,000
    ISRAEL AMERICAN ACADEMIC EXCHANGE
    8383 WILSHIRE BLVD STE 400
    BEVERLY HILLS,CA90211     		  PC OPERATING SUPPORT 7,500
    JEWISH FEDERATION OF GREATER PHILADELPHIA
    2100 ARCH ST
    PHILADELPHIA,PA19103     		  PC OPERATING SUPPORT 125,000
    JHU-OHNS
    601 N CAROLINE ST STE 6211
    BALTIMORE,MD21287     		  PC OPERATING SUPPORT 1,000
    LOUIS D BRANDEIS CENTER INC
    1717 PENNSYLVANIA AVE NW STE 1025
    WASHINGTON,DC20006     		  PC OPERATING SUPPORT 15,000
    MINDING YOUR MIND FOUNDATION
    124 SIBLEY AVE
    ARDMORE,PA19003     		  PC OPERATING SUPPORT 15,000
    MISSION KIDS CAC OF MONTGOMERY COUNTY
    502 W GERMANTOWN PIKE
    NORRISTOWN,PA19403     		  PC OPERATING SUPPORT 10,000
    NATIONAL CONSTITUTION CENTER
    INDEPENDENCE MALL 525 ARCH ST
    PHILADELPHIA,PA19106     		  PC OPERATING SUPPORT 10,000
    NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY
    101 SOUTH INDEPENDENCE MALL
    PHILADELPHIA,PA19106     		  PC OPERATING SUPPORT 25,000
    NATIONAL FOUNDATION FOR CELIAC AWARENESS
    PO BOX 544
    AMPLER,PA19002     		  PC OPERATING SUPPORT 191,250
    NATIONAL RIGHT TO WORK LEGAL DEFENSE FUND
    8001 BRADDOCK RD STE 600
    SPRINGFIELD,VA22151     		  PC OPERATING SUPPORT 10,000
    PA SPCA
    350 EAST ENE AVE
    PHILADELPHIA,PA19134     		  PC OPERATING SUPPORT 10,000
    PALS PROGRAM
    4965 GRUNDY WAY
    DOYLESTOWN,PA18902     		  PC OPERATING SUPPORT 10,000
    PA ACADEMY OF THE FINE ARTS
    128 N BROAD ST
    PHILADELPHIA,PA19102     		  PC OPERATING SUPPORT 20,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH ST NW STE 550
    WASHINGTON,DC20036     		  PC OPERATING SUPPORT 5,000
    PLAYFEST SANTA BARBARA
    PO BOX 50151
    SANTA BARBARA,CA93150     		  PC OPERATING SUPPORT 11,000
    REASON FOUNDATION
    5737 MESMER AVE
    LOS ANGELES,CA90230     		  PC OPERATING SUPPORT 2,500
    SANTA BARBARA COTTAGE HOSPITAL FOUNDATION
    PO BOX 689
    SANTA BARBARA,CA93102     		  PC OPERATING SUPPORT 100,000
    SANTA BARBARA JEWISH FEDERATION
    524 CHAPALA ST
    SANTA BARBARA,CA93101     		  PC OPERATING SUPPORT 35,000
    SIMON WIESENTHAL CENTER
    1399 SOUTH ROXBURY DR
    LOS ANGELES,CA90035     		  PC OPERATING SUPPORT 1,175,000
    STUDENTS FIRST INSTITUTE
    825 K ST 2ND FLR
    SACRAMENTO,CA95814     		  PC OPERATING SUPPORT 2,500
    STUDENTS FOR LIBERTY
    1101 17TH ST NW STE 810
    WASHINGTON,DC20036     		  PC OPERATING SUPPORT 2,500
    THE CENTRAL FUND OF ISRAEL
    980 6TH AVE 3RD FLR
    NEW YORK,NY10018     		  PC OPERATING SUPPORT 12,500
    THE LAWFARE PROJECT
    633 THIRD AVE 21ST FLR
    NEW YORK,NY10017     		  PC OPERATING SUPPORT 12,500
    THE SECOND CHANCE FOUNDATION
    PO BOX 2051
    PHILADELPHIA,PA19103     		  PC OPERATING SUPPORT 2,500
    TRUSTEES OF THE UNIVERSITY OF PA
    PENN MEDICINE DEVELOPMENT 3535
    MARKET ST STE 750
    PHILADELPHIA,PA19104     		  PC OPERATING SUPPORT 40,000
    UNITED NATIONS WATCH - USA
    PO BOX 5872
    WASHINGTON,DC20016     		  PC OPERATING SUPPORT 12,500
    UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION
    4562 VAN MUNCHING HALL
    COLLEGE PARK,MD20742     		  PC OPERATING SUPPORT 901,137
    Total .................................bullet 3a 3,868,447
    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....     14 493,369  
    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.....     01 214,448  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 894,923  
    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 1,602,740 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,602,740
    (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:  
    Part VI Line 7 - Tax Paid with the Original Return: 31,307


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    THE SNIDER FOUNDATION
     
    Employer identification number

    23-2047668
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    THE SNIDER FOUNDATION
          		Employer identification number
    23-2047668
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ESTATE OF EDWARD M SNIDER
     

       
    C/O SNIDER ENTITIES WELLS FARGO CTR
     
    PHILADELPHIA, PA19148

    		$ 6,007,577


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    THE SNIDER FOUNDATION
          		Employer identification number

    23-2047668
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    THE SNIDER FOUNDATION
          		Employer identification number

    23-2047668
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC BANK NA 714 71   643

    TY 2015 GeneralExplanationAttachment
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Identifier Return Reference Explanation
    EXPLANATION OF AMENDED RETURN 2015 FORM 990-PF THE SNIDER FOUNDATION, HEREIN FOUNDATION. THE 2015 FORM 990-PF IS BEING AMENDED TO CORRECT ERRORS IN EXPENSE ALLOCATIONS AND OTHER PRESENTATION ITEMS.THE FOLLOWING CHANGES ARE REFLECTED ON THE 2015 AMENDED FORM 990-PF:PAGE 1, ADDRESS INFORMATION HAS CHANGED SINCE THE ORIGINAL FILING. THE ADDRESS CHANGE WAS PREVIOUSLY REPORTED TO THE IRS ON THE 2016 FORM 990-PF AND THEREFORE THE 'ADDRESS CHANGE' BOX IS NOT BEING CHECKED ON THIS AMENDED RETURN.PART I, COLUMN (C) HAS CHANGED TO 'N/A', PREVIOUSLY THIS COLUMN REPORTED ACTIVITY THAT NETTED TO $448,955 ON LINE 27C. THE FOUNDATION IS A PRIVATE NON-OPERATING FOUNDATION WITH NO OPERATING ACTIVITY AND THEREFORE COLUMN (C) IS NOT APPLICABLE AND SHOULD NOT BE COMPLETED.PART I, LINES 13-16A, 16C, 20-23 HAVE CHANGED TO ALLOCATE 100% OF THESE EXPENSES TO COLUMN (D), PREVIOUSLY 100% OF THESE EXPENSES WERE ALLOCATED TO COLUMN (B). THE EXPENSES LISTED WERE NOT CONNECTED TO THE GENERATION OF INVESTMENT INCOME OR TO THE MAINTENANCE OF THE ASSETS THAT GENERATED INVESTMENT INCOME AND THEREFORE SHOULD NOT HAVE BEEN TREATED AS A NET INVESTMENT INCOME EXPENSE ON THE ORIGINAL FILING.PART I, LINE 16B HAS CHANGED TO ALLOCATE $643 TO COLUMN (D), PREVIOUSLY 100% OF THIS EXPENSE WAS ALLOCATED TO COLUMN (B). IT WAS DETERMINED THAT ONLY $71 OF THIS LINE ITEM WAS ATTRIBUTABLE TO THE GENERATION AND MAINTENANCE OF INVESTMENT INCOME AND THEIR CORRESPONDING ASSETS.PART I, LINE 27A HAS CHANGED TO $3,285,799, PREVIOUSLY THIS WAS $3,285,798; THIS CHANGE IS PURELY DUE TO FOOTING ERRORS THAT WERE INCLUDED IN THE ORIGINAL FILING THAT HAVE NOW BEEN CORRECTED AS PART OF THE AMENDMENT.PART I, LINE 27B HAS CHANGED TO $3,438,020, PREVIOUSLY THIS WAS $3,065,346; THE $372,674 INCREASE IN TAXABLE INCOME IS DUE TO THE REDUCTION IN APPLICABLE EXPENSES THAT ARE NOW BEING REPORTED IN COLUMN (D).PART I, LINE 26 HAS CHANGED TO $4,241,122, PREVIOUSLY THIS WAS $3,868,448; THE $372,674 INCREASE IN QUALIFIED CHARITABLE DISTRIBUTIONS IS DUE TO THE CORRECTIONS IN EXPENSE ALLOCATION METHODOLOGY NOTED ABOVE.PART II, COLUMN (B) AND COLUMN (C) HAVE BEEN UPDATED TO REFLECT A MORE ACCURATE BREAKDOWN OF THE INVESTMENT ASSETS AND THE NET ASSETS; IN TOTAL THE ASSETS, LIABILITIES AND NET ASSETS DID NOT CHANGE.PART III, LINE 3 NOW INCLUDES THE $1,976,566 REDUCTION IN THE MARGIN LIABILITY AS ANOTHER ADJUSTMENT TO NET ASSETS; PREVIOUSLY THIS REDUCTION WAS OMITTED FROM THE FILING.PART V, LINE 4 HAS BEEN UPDATED IN ACCORDANCE WITH THE CHANGES NOTED FOR PART X, THERE IS AN INCREASE OF $482,809 IN THE NET-VALUE OF NONCHARITABLE-USE ASSETS (SEE PART X EXPLANATION BELOW).PART V, NOW SHOWS THAT THE FOUNDATION HAS QUALIFIED FOR THE REDUCED 1% TAX RATE, PREVIOUSLY THE RETURN REFLECTED THAT THE FOUNDATION DID NOT QUALIFY UNDER IRC SEC. 4940(E).PART VI, LINE 1 IS NOW BEING COMPLETED TO SHOW THE NII TAX DUE AT THE 1% RATE, WHICH EQUALS $34,380, PREVIOUSLY THE TAX DUE AT THE 2% RATE WAS $61,307.PART VII, LINE 6A IS NOW $34,548, PREVIOUSLY THIS WAS $30,000. THE $30,000 IS COMPRISED OF TWO 2015 ESTIMATE PAYMENTS THAT WERE MADE, $25,000 ON JANUARY 19, 2016 AND $5,000 ON APRIL 14, 2016. IN ADDITION TO THE $30,000, THE ORIGINAL FILING INCORRECTLY OMITTED THE $3,048 OVERPAYMENT REPORTED ON THE 2013 FORM 990-PF AS THE AMOUNT TO BE APPLIED TO FUTURE TAX YEARS AND ALSO INCORRECTLY OMITTED THE $1,500 OVERPAYMENT REPORTED ON THE 2014 FORM 990-PF AS THE AMOUNT TO BE APPLIED TO FUTURE TAX YEARS.PART VII, LINE 7 IN ADDITION TO THE $34,548 NOTED ABOVE, THE FOUNDATION ALSO MADE A PAYMENT OF $31,307 TO COVER THE AMOUNT DUE WITH THE ORIGINAL FILING. THE TOTAL AMOUNT PAID AND APPLIED TO THE 2015 FORM 990-PF IS $65,855.PART VII, LINE 11 AS A RESULT OF THE CHANGES NOTED ABOVE, THE FOUNDATION IS REQUESTING A REFUND OF $31,362 WITH THIS AMENDED RETURN.PART VII-A, LINE 3 IS NOW NO AND THE CONFORMED COPY OF CHANGES ARE NOT BEING ATTACHED TO THE FILING, PREVIOUSLY THIS HAD BEEN ANSWERED YES AND A COPY WAS ATTACHED. THIS IS BEING EXCLUDED FROM THE AMENDMENT BECAUSE THIS ITEM HAS BEEN MARKED YES ON THE 2017 FORM 990-PF AND A CONFORMED COPY WAS ATTACHED TO THAT FILING. IN ORDER TO ENSURE THE COPY PROVIDED WITH THE 2017 FORM 990-PF ARE MAINTAINED IN THE IRS RECORDS AS THE MOST CURRENT VERSION THIS DISCLOSURE IS BEING OMITTED FROM THIS AMENDMENT.PART VIII HAS BEEN UPDATED TO INCLUDE THE EXECUTIVE DIRECTOR ON LINE 1, PREVIOUSLY THE EXECUTIVE DIRECTOR WAS LISTED ON LINE 2. THE COMPENSATION HAS ALSO BEEN UPDATED TO CORRESPOND WITH THE ACTUAL EXPENSE LISTED ON PART 1, LINE 13.PART X, LINE 1A AND 1B HAVE BEEN UPDATED TO $21,458,661 AND $184,258 RESPECTIVELY, PREVIOUSLY THEY WERE $20842,266 AND $310,492. PREVIOUSLY THE MONTHLY BALANCES WERE NOT USED TO CALCULATE THE AVERAGES WHICH RESULTED IN AN INACCURATE NET-VALUE OF NONCHARITABLE-USE ASSETS ON LINE 5. WITH THE RECALCULATION OF THESE FIGURES BASED ON THE MONTHLY BALANCES THE NET VALUE ON LINE 5 INCREASED $482,809.PARTS XI, XII AND XIII HAVE BEEN UPDATED TO REFLECTED THE CORRECTED FIGURES NOTED ABOVE. THESE CHANGE CULMINATE IN AN INCREASE TO THE 2015 EXCESS DISTRIBUTION CARRYOVER OF $321,606, THE UPDATED CARRYOVER OF $3,209,588 WILL BE REFLECTED ON THE FOUNDATIONS JUNE 30, 2019 FORM 990-PF.PART XV, LINE 3 WAS UPDATED TO REPORT THE REQUIRED FOUNDATION STATUS CODE AND THE PURPOSE OF EACH GRANT. ALL GRANT RECIPIENTS WERE 509(A)(1) OR 509(A)(2) PUBLIC CHARITIES AND THEREFORE THE FOUNDATION CODE IS 'PC' FOR ALL RECIPIENTS.THE ERRORS ON THE ORIGINAL FILING WERE NOT DUE TO WILLFUL NEGLECT, IT WAS AN ERROR IN THE UNDERSTANDING OF THE PROPER PRESENTATION. IMMEDIATELY UPON DISCOVERY OF THE ISSUE, ACTION WAS TAKEN BY THE FOUNDATION TO REMEDY THE ERRORS BY FILING THIS AMENDMENT.

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMCAST - 385056SH 14,358,410 23,396,003
    PENN REAL ESTATE INVESTMENT - 88300SH 791,831 2,025,602

    TY 2015 LegalFeesSchedule
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PHILANTHROPY ADVISORS 20,000 0   20,000
    GADSDEN, SCHNEIDER & WOODWARD, LLP 16,426 0   16,426


    TY 2015 OtherExpensesSchedule
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 1,321 0   1,321
    INTERNET/NETWORK/IT SUPPORT 2,169 0   2,169
    LIABILITY INSURANCE 3,364 0   3,364
    OFFICE SUPPLIES/STATIONARY 3,471 0   3,471
    OFFICE EXPENSES 2,808 0   2,808
    BOARD DEVELOPMENT 300 0   300
    POSTAGE/SHIPPING 418 0   418
    TELEPHONE 1,276 0   1,276


    TY 2015 OtherIncomeSchedule2
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LP BOOK DISTRIBUTIONS 214,448 0 214,448
    LP PASS-THROUGH NII 0 -155 0


    TY 2015 OtherIncreasesSchedule
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Description Amount
    REDUCTION IN MARGIN LIABILITY 1,976,566


    TY 2015 OtherLiabilitiesSchedule
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Description Beginning of Year - Book Value End of Year - Book Value
    MARGIN LOAN 4,287,157 2,310,591


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOUNDANT TECHNOLOGIES 3,500 0   3,500
    WEBSITE DEVELOPMENT 1,988 0   1,988


    TY 2015 TaxesSchedule
    Name:
    THE SNIDER FOUNDATION
    EIN:
    23-2047668
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 31,500 0   0