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Form 990-PF (2013) SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Page 2

iifliii Attached schedules and amounts in the Begmnmg of year End of year Balance Sheets description column should be for end-of-year f-------''---;:_---'----+---------r---------amounts only (See instructions) (a) Book Value {b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 20, 670 22, 363 22, 363 2 Savings and temporary cash investments 2,570,488 3,035,394 3,035,394

3 Accounts receivable~-----------------------Less allowance for doubtful accounts ~ _____________ f-----------+---------+-----------

4 Pledges receivable ~ _______ -----------------Less allowance for doubtful accounts ~ _____________ f-----------+---------+-----------

5 Grants receivable 6 Receivables due from officers, directors, trustees, and other

d1squal1f1ed persons (attach schedule) (see 1nstruct1ons) 7 Other notes and loans receivable (attach schedule) ~ ____ _

Less allowance for doubtful accounts ~ ____________ -+-----------+---------+-----------; 8 Inventories for sale or use ::l 9 Prepaid expenses and deferred charges A TC H 8 8 , 0 1 6 8 , 3 8 0 8 , 3 8 0

SARAH SCAIFE FOUNDATION INCORPORATED Form 990-PF (2013) ::..:l-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 )

1a SEE PART IV SCHEDULE AND ATIACHMENT 24 b c

d e

a

b c

d e

a

b c

d e

(e) Gross sales price (f) Deprec1at1on allowed (or allowable) (g) Cost or other basis

plus expense of sale

Complete onlv for assets showinc:i aain in column (h) and owned bv the foundation on 12/31/69 (1) FM V as of 12/31/69 (j) AdJusted basis (k) Excess of col (1) as of 12/31 /69 over col (J), 1f any

ID) How acquired

P-Purchase D - Donation

25-1113452 Page 3

(c) Date acquired (mo , day, yr )

(d) Date sold (mo , day, yr.)

(h) Gain or (loss) (e) plus (f) minus (g)

(I) Gains (Col (h) gain minus col (k), but not less than -0-) or

Losses (from col (h))

2 Capital gain net income or (net capital loss) { If gain, also enter 1n Part I, hne 7 } If (loss), enter-0- 1n Part I, hne 7 i--2_,__ _____ 5_,_5_4_4_,_6_3_5 __

3 Net short-term capital gain or (loss) as defined 1n sections 1222(5) and (6) If gain, also enter in Part I, line 8, column (c) (see 1nstruct1ons) If (loss), enter -0- in } Part I, hne 8 .. , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 0

l:r. 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 1n the base penod? If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part 1 Enter the appropriate amount 1n each column for each year, see the 1nstruct1ons before making any entries

(a) (b) (c) Base penod years

0Yes0 No

(d) D1stnbut1on ratio

Calendar year (or tax year beginning in) AdJusted qualifying d1stnbut1ons Net value of nonchantable-use assets (col (b) d1V1ded by col (c))

2 3

4

5

6

7

8

JSA

2012 14,889,510 270,806,352 0 054982 2011 17,095,730 258,236,025 0 066202 2010 15,801,171 238,028,993 0 066383 2009 15,829,884 222,911,082 0 071014 2008 17,907,507. 273,355,399 0.065510

Total of line 1, column (d) 2 0 324091 o e I o o o o I I O I o o o O o I I o o o o I IO IO O O O o o O I O O O

Average distribution ratio for the 5-year base period - d1v1de the total on line 2 by 5, or by the number of years the foundation has been in existence 1f less than 5 years .......... 3 0 064818

Enter the net value of noncharitable-use assets for 2013 from Part X, line 5 4 296,269,290 O I o o o O O o o o

Multiply line 4 by line 3 ...................

5 19,203,583 o o o I o o o IO o o o I I I o

Enter 1 % of net investment income (1 % of Part I, line 27b). .

6 136,803 . . . . . . . . . . . . . . . . . .

Add Imes 5 and 6 7 19,340,386 . . . . . . . . . . . . . . . . . ........................

Enter qualifying d1stribut1ons from Part XII, hne 4 . ........................

8 15,903,123 If line 8 is equal to or greater than line 7, check the box 1n Part VI, line 1b, and complete that part using a 1% tax rate See the Part VI instructions

3E1430 1 000 Form 990-PF (2013)

77270J 700P 7/16/2014 1 0 2 7 3 9 AM V 1 3 - 5 5 T 0180312-00002

Form 990-PF (2013) SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Page 4 =..:ua,11 Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 see instructions)

Date of ruling or determination letter _______________ (attach copy of letter if necessary - see instructions) b Domestic foundations that meet the section 4940(e) requirements ,n Part V, check 1 2 7 3, 60 6

1 a Exempt operating foundations described ,n section 4940(d)(2), check here II>-LJ and enter "NIA" on line 1 }

2 3 4 5 6

here II>-0 and enter 1 % of Part I, lme 27b . . . . ........... c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of

Part I, line 12, col (b) Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) Add lines 1 and 2 . Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) Tax based on investment income Subtract lme 4 from line 3 If zero or less, enter -0-Cred,ts/Payments

a 2013 estimated tax payments and 2012 overpayment credited to 2013. b Exempt foreign organizations - tax withheld at source c Tax paid with application for extension of time to file (Form 8868). d Backup w1thhold1ng erroneously withheld

6a 6b 6c 6d

258,965

18,000

7 Total credits and payments Add Imes 6a through 6d . . 8 Enter any penalty for underpayment of estimated tax. Check here O 1f Form 2220 1s attached 9 Tax due If the total of lines 5 and 8 1s more than line 7, enter amount owed . .

2 3 273,606 4 5 273,606

7 276,965 8

... 9

0

1 O Overpayment. If line 7 1s more than the total of Imes 5 and 8, enter the amount overpaid ll>-l-'1~0'-t _______ 3_, _3_5_9_ 11 Enter the amount of line 10 to be Credited to 2014 estimated tax II>- 3, 3 5 9 Refunded II>- 11 ":E:To1a1t ... Statements Regarding Activities

1 a During the tax year, did the foundation attempt to influence any national, state, or local leg1slat1on or did 1t part1c1pate

2

or intervene m any pol1t1cal campaign? . . . . , . . b Did 1t spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions for the

def1n1lion)? . . , . . , .. If the answer 1s 'Yes" to 1a or 1b, attach a detailed description of the act1v1t1es and copies of any materials publtshed or d1stnbuted by the foundation m connection with the act1v1t1es

c Did the foundation file Form 1120-POL for this year? . . . . . . . . d Enter the amount (1f any) of tax on political expenditures (section 4955) imposed during the year

(1) On the foundation II>-$ 0 (2) On foundation managers II>-$ 0 e Enter the reimbursement (1f any) paid by the foundation during the year for political expenditure tax imposed on

foundation managers II>-$ 0 Has the foundation engaged many act1v1t1es that have not previously been reported to the IRS?, If "Yes, attach a detailed description of the act1v1t1es

3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other s1m1lar instruments? If "Yes, attach a conformed copy of the changes ,

4 a Did the foundation have unrelated business gross income of $1,000 or more during the year?. b If "Yes," has 1t filed a tax return on Form 990-T for this year? .

5 Was there a l1qu1dat1on, term1nat1on, d1ssolut1on, or substantial contraction during the year?. If "Yes," attach the statement reqwred by General Instruction T

6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) sat1sf1ed either By language 1n the governing instrument, or By state leg1slat1on that effectively amends the governing instrument so that no mandatory directions that conflict

with the state law remain ,n the governing instrument? . , . 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 Sa Enter the states to which the foundation reports or with which 1t 1s registered (see 1nstruclions) ...

PA, -----------------------------------------------------------------------------

b If the answer 1s "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. . . .

9 Is the foundation cla1m1ng status as a private operating foundation w1th1n the meaning of section 4942(J)(3) or 4942(1)(5) for calendar year 2013 or the taxable year beginning 1n 2013 (see instructions for Part XIV)? If "Yes," complete Part XIV. . . . . . . . . . ...

1 O Did any persons become substantial contributors during the tax year? If 'Yes, attach a schedule ltstmg their names and addresses. . . . . . . . . . . . . . ...

JSA

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Yes No 1a X

1b x

1c x

2 x

3 x

4a x

4b x 5 x

6 x

7 x

Sb x

9 x

10 x

Form 990PF (2013)

Forrn 990-PF (2013) SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Page 5 l~ua,,,..,.. . Statements Reaardina Activities (contmued)

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 x . . . . . .

12 Did the foundation make a distribution to a donor advised fund over which the foundation or a d1squalif1ed person had advisory privileges? If ''Yes," attach statement (see instructions) o o o o I O o I O o o o o I O o o O O O O Io 12 x

13 Did the foundation comply with the public inspection requirements for its annual returns and exemption apphcat1on? .. 13 x Website address ..,_ ____ !'.:/ ~ ~ ____________________________________________________________________ _

14 The books are m care of .... SARAH SCAIFE FOUNDATION INC _____________ Telephone no .... __ 4_1_?_:-~ 2~ =~ ~

Form 990-PF(2013) SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Page 6 Statements Regarding Activities for Which Form 4720 Ma Be Required continued

Sa During the year did the foundation pay or incur any amount to (1) Carry on propaganda, or otherwise attempt to influence leg1slat1on (section 4945(e))? (2) Influence the outcome of any spec1f1c public elecllon (see section 4955), or to carry on,

directly or indirectly, any voter reg1strat1on drive? .... (3) Provide a grant to an 1nd1v1dual for travel, study, or other s1m1lar purposes? ..

0Yes

[lYes 0Yes

~No

[xl No ~No

(4) Provide a grant to an organization other than a charitable, etc , organization described in section 509(a)(1 ), (2), or (3), or section 4940(d)(2)? (see mstruct1ons) . . . . 0 Yes ~ No

(5) Provide for any purpose other than religious, charitable, sc1ent1f1c, literary, or educational purposes, or for the prevention of cruelty to children or animals?. . . . . . . 0 Yes ~ No

b If any answer 1s "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 1nstruct1ons)? Organizations relying on a current notice regarding disaster assistance check here .

c If the answer 1s "Yes" to question 5a(4), does the foundation claim exemption from the tax because 11 maintained expenditure respons1bll1ty for the grant? . . . 0 Yes If "Yes, attach the statement reqwred 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?. . . . . . . . . . . . 0 Yes ~ No

b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? If "Yes" to 6b, file Form 8870

7 a At any time during the tax year, was the foundation a party to a proh1b1ted tax shelter transaction? . 0 Yes ~ No

Sb

6b

b If "Yes, did the foundation receive an roceeds or have an net income attributable to the transaction? . . . 7b 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). (b) Title, and average (c) Compensation (d) ContnbutJons to (e) Expense account, (a) Name and address hours per week (If not paid, employee benefit plans devoted to pos1t1on enter -Ol and deferred comoensat1on other allowances

-------------------------------------ATCH 14 497,800 74,233

-------------------------------------

-------------------------------------

-------------------------------------

x

0

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

ATCH 15

(b) Title, and average hours per week

devoted to pos1t1on (c) Compensation

115,875

(d) Contributions to employee benefit

plans and deferred com pensat,on

23,972

Total number of other emolovees paid over $50,000 ................................ ~

JSA

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(e) Expense account, other allowances

0

Form 990-PF (2013)

SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Form 990-PF (2013) Page 7 :iffiiWii Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,

and Contractors (continued) 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 sel'Vlce

ATCH 16

Total number of others rece1vma over $50,000 for orofess1onal services ..................... ~

I :tfi I f:W+i Summary of Direct Charitable Activities List the foundation's four largest direct charitable act1v1t1es dunng the tax year Include relevant stat1st1cal 1nformat1on such as the number of organizations and other benefic1anes served, conferences convened, research papers produced, etc

NOT APPLICABLE

2

3

4

Summary of Program-Related Investments (see 1nstruct1ons) Describe the two largest program-related investments made by the foundation dunng the tax year on lines 1 and 2

NOT APPLICABLE

2

All other program-related investments See instructions

3 NONE ---------------------------------------------------------------------------

Total. Add Imes 1 through 3 ............................................. ~

JSA

3E 1465 1 000 77270J 700P 7/16/2014 1027 39 AM V 13-5 ST 0180312-00002

(c) Compensation

207,157

Expenses

Amount

Form 990-PF(2013)

SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Form 990-PF (2013) Page 8 htff 1 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 m carrying out charitable, etc,

purposes a Average monthly fair market value of securities .. 1a

..

b Average of monthly cash balances . 1b . . . . . . . .

c Fair market value of all other assets (see 1nstruct1ons). 1c d Total (add lines 1a, b, and c) . 1d

. . . . . . . . .

e Reduction claimed for blockage or other factors reported on lines 1a and 1 c (attach detailed explanation) .............. I 1 e I

2 Acqu1s1t1on indebtedness applicable to line 1 assets 2 . . . . . . . .. . . . . . . . .

3 Subtract line 2 from line 1 d 3 . . . . . . . . . . .. . . . . .. . . . . . .

4 Cash deemed held for charitable act1v1t1es. Enter 1 112 % of line 3 (for greater amount, see instructions). 4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..................

5 Net value of noncharitable-use assets. Subtract line 4 from line 3 Enter here and on Part V, hne 4 5 6 Minimum investment return. Enter 5% of hne 5 . . . . . .. .. . . . . . . 6

:it-:1 Distributable Amount (see 1nstruct1ons) (Section 4942(J)(3) and 0)(5) private operating foundations and certain foreign organizations check here ..,. and do not complete this part)

1 Minimum investment return from Part X, hne 6 . . . . . .... . 2 a Tax on investment income for 2013 from Part VI, hne 5 ..... . 2a 273, 606

3 4 5

b Income tax for 2013 (This does not include the tax from Part VI ) .. c Add hnes 2a and 2b

Distributable amount before adjustments Subtract line 2c from hne 1.

2b

Recoveries of amounts treated as qualifying d1stnbut1ons ................. Add Imes 3 and 4. . . . . . . . . . . . . . . . . ......................

6 Deduction from distributable amount (see instructions) ..................... 7 Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part XIII,

line 1 .......................... .

if#l3ii Qualifying Distributions (see instructions) 1 Amounts paid (including adm1nistrat1ve expenses) to accomplish charitable, etc , purposes

a Expenses, contributions, gifts, etc. - total from Part I, column (d), hne 26 ... ... . . . ...

b Program-related investments - total from Part IX-B .. . . . . . . . . . . . . . . ....

2 Amounts paid to acquire assets used (or held for use) directly m carrying out charitable, etc , purposes.

. . . . . . . . . . .. . . . . . . . ..... . .. . .

3 Amounts set aside for spec1f1c charitable projects that satisfy the a Su1tab1hty test (prior IRS approval required).

. . . . . . . . . .. . . .. . . . . . .. . ..

b Cash d1stribut1on test (attach the required schedule). ... . . . . . . . . . . . . . . . . .

4 Qualifying distributions. Add lines 1 a through 3b Enter here and on Part V, line 8, and Part XIII, line 4 . . . . .

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).

. . . . . . . . . . . . .. . . . ..

6 Adjusted qualifying distributions. Subtract line 5 from line 4 ... . . . . ... . . . . . . . ..

2c 3 4 5 6

7

1a 1b

2

3a 3b 4

5 6

300,762,163 18,842.

300,781,005

300,781,005

4,511,715 296,269,290

14,813,465

14,813,465

273,606 14, 539, 859

14, 539, 859

14,539,859

15,903,123

15,903,123

0 15,903,123

Note. The amount on line 6 will be used in Part V, column (b), m subsequent years when calculating whether the foundation quahf1es for the section 4940(e) reduction of tax in those years.

Form 990-PF (2013)

JSA

3E1470 1 000 77270J 700P 7/16/2014 10 2 7 3 9 AM V 13-5 ST 0180312-00002

SARAH SCAIFE FOUNDATION INCORPORATED

Form 990-PF (2013) :1:, ...... ~ 1 Undistributed Income (see instructions)

1 Distributable amount for 2013 from Part XI, line 7

e e e e I o I I I I I O

2 Und1stnbuted income, 1f any, as of the end of 2013 a Enter amount for 2012 only

I I I I I I I O O I

b Total for pnoryears 20__l_l.._ ,20_l2._,20~ 3 Excess distributions carryover, 11 any, to 2013

a From 2008 4,389,989 b From 2009 4,827,740 c From 2010 4,187,129. d From 2011 4,395,233 e From 2012 1,691,075 f Total of lines 3a through e . . . . . . . ..

4 Qualifying d1stribut1ons for 2013 from Part XII, line 4 ~ $ 15,903,123

a Applied to 2012, but not more than line 2a ..

b Applied to undistributed income of prior years (Election required - see 1nstruct1ons) ....

c Treated as d1stribut1ons out of corpus (Election required - see instructions) . . .

d Applied to 2013 distributable amount o I I I I

e Rema1n1ng amount distributed out of corpus .. 5 Excess d1stribut1ons carryover applied to 2013 .

(If an amount appears m column (d), the same amount must be shown m column (a))

6 Enter the net total of each column as indicated below:

a Corpus Add lines 31, 4c, and 4e Subtract line 5 b Prior years' undistributed income Subtract

line 4b from line 2b ......... . . . . .

c Enter the amount of prior years' undistributed income for which a notice of def1c1ency has been issued, or on which the section 4942(a) tax has been previously assessed . .. I Io I I

d Subtract line 6c from line 6b. Taxable amount - see 1nstruct1ons

. . ... . . . ....

e Undistributed income for 2012 Subtract line 4a from line 2a Taxable amount - see 1nstruct1ons o O I I O I O O o I IO I O Io O O

f Undistributed income for 2013 Subtract Imes 4d and 5 from line 1 This amount must be distributed 1n 2014 I I O 0 0 I O I I I I I I

7 Amounts treated as d1stribut1ons out of corpus to satisfy req u I rements imposed by section 170(b)(1 )(F) or 4942(g)(3) (see 1nstruct1ons)

..

8 Excess d1stribut1ons carryover from 2008 not applied on line 5 or line 7 (see 1nstruct1ons) . .

9 Excess distributions carryover to 2014. Subtract Imes 7 and 8 from line 6a

... IO O I

10 Analysis of line 9 a Excess from 2009 4,827,740 b Excess from 2010 4,187,129 c Excess from 2011 4,395,233 d Excess from 2012 1, 691, 075 e Excess from 2013 1,363,264

JSA

3E1480 1 000

(a) Corpus

19,491,166

1,363,264

20,854,430

4,389,989

16,464,441

(b) Years prior to 2012

(c) 2012

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002

25-1113452

Page 9

(d) 2013

14,539,859

14,539,859

Form 990-PF(2013)

Form 990-PF (2013) SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Page 10 E l:.O,iaw~u Private Operating Foundations (see instructions and Part VII-A, question 9) NOT APPLICABL

1a If the foundatron has received a ruling or determ1nat1on letter that ii IS a private operating foundation, and the ruling 1s effective for 2013, enter the date of the ruling ~

b Check box to indicate whether the foundation 1s a private operating foundation described 1n section I I 4942(J)(3) or I I 4942(J)(5) 2a Enter the lesser of the ad- Tax year Prior 3 years (e) Total

Justed net income from Part (a) 2013 (b) 2012 (c) 2011 (d) 2010 I or the minimum investment return from Part X for each year listed

b 85% of line 2a C Qual1fymg d1stnbut1ons from Part

XII, line 4 for each year lrsted

d Amounts included In line 2c not used directly for actrve conduct of exempt act1v1t1es

e Qual1fy1ng d1stnbut1ons made directly for actrve conduct of exempt act1V1t1es Subtract I ine 2d from lme 2c

3 Complete 3a, b, or c for the alternative test rahed upon

a Assets alternative test - enter

(1) Value of all assets (2) Value of assets qualifying

under section 4942~)(3)(8)(1),

b Endowment alternative test-enter 2/3 of mm1mum invest-ment return shown 1n Part X. line 6 for each year llsted

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 organ1zat1ons as provided In section 4942 (JX3)(B)(111) ,

(3) Largest amount or sup-port from an exempt organization.

(4) Gross investment income l"r.P'.t.T Supplei:nentary Information (Complete this part only if the foundation had $5,000 or more in assets

. .

at any time during the year see instructions.) Information Regarding Foundation Managers:

a List 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 1f they have contributed more than $5,000) (See section 507(d)(2))

N/A b List 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

N/A 2 Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here~ D 1f the foundation only makes contributions to preselected charitable organizations and does not accept unsol1c1ted requests for funds If the foundation makes gifts, grants, etc (see 1nstruct1ons) to 1nd1v1duals or organizations under other cond1t1ons, complete items 2a, b, c, and d.

a The name, address, and telephone number or e-mail address of the person to whom applications should be addressed ATTACHMENT 20

b The form 1n which appl1cat1ons should be submitted and 1nformat1on and materials they should include

ATTACHMENT 20 c Any subm1ss1on deadlines

ATTACHMENT 20 d Any restrictions or hm1tat1ons on awards, such as by geographical areas, charitable fields, kinds of inst1tut1ons, or other

factors

JSA 3E14901000

ATTACHMENT 20

77270J 700P 7/16/2014 Form 990-PF (2013)

1 0 . 2 7 3 9 AM V 1 3 - 5 5 T 0180312-00002

SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Form 990-PF (2013) Page 11 Uifld!i Supplementary Information (continued)

3 G t d C -b P -d D th Y rans an ontri ut1ons a1 unng e ear or A 1oorove d f F t or u ure p avmen Recipient If rec1p1ent 1s an indMdual, Foundation Purpose of grant or show any relat1onsh1p to status of Amount

Name and address (home or business) any foundation manager rec,p,ent contnbut,on or substantial contnbutor a Paid dunng the year

ATCH 17

Total ..... 3a 14, 647, 500 b Approved for future payment

ATCH 18

Total ..... 3b 2,175,000 Form 990-PF (2013)

JSA 3E1491 1 000

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002

SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Form 990-PF (2013) Page 12 ~I Analysis of Income-Producing Activities Enter gross amounts unless otherwise 1nd1cated Unrelated business income Excluded by section 512, 513, or 514 (e)

(a) (b) (c) (d) Related or exempt function income 1 Program service revenue Business code Amount Exclusion code Amount (See 1nstruct1ons l

a

b c

d e

f g Fees and contracts from government agencies

2 Membership dues and assessments .....

3 Interest on savings and temporary cash investments 4 D1v1dends and interest from securities 14 8,271,635

. . ..

5 Net rental income or (loss) from real estate a Debt-financed property . . . . . b Not debt-financed property , , . . .

6 Net rental income or (loss) from personal property 7 Other investment income ......... 8 Gain or (loss) from sales of assets other than inventory 18 5,544,635 9 Net income or (loss) from special events ..

10 Gross profit or (loss) from sales of inventory. 11 Other revenue a VENTURE FUND INC 14 275,563

b OTHER INCOME 14 15,335 c

d e

12 Subtotal Add columns (b). (d), and (e) . .. 14,107,168. 13 Total.Addline12,columns(b),(d),and(e),,., . ,,,, .... , .. ,.,,,,,,. 13 14, 107, 168 (See worksheet 1n line 13 instructions to verify calculations ) :.t:1a.u11

= Relationship of Activities to the Accomplishment of Exempt Purposes

Lin11 No. Explain below how each act1v1ty for which income 1s reported in column (e) of Part XVI-A contributed importantly to the T accomplishment of the foundation's exempt purposes (other than by providing funds for such purposes) (See 1nstruct1ons )

JSA Form 990-PF (2013) 3E1492 1 000

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002

Form 990-PF(2013) SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 Page 13 l:.@ftfflji Information Regarding Transfers To and Transactions and Relationships With Noncharitable

Exempt Organizations Did the organization directly or indirectly engage 1n 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 pol1t1cal

Yes No

organizations? a Transfers from the reporting foundation to a noncharitable exempt organization of

(1) Cash .. (2) Other assets . . . .

b Other transactions (1) Sales of assets to a noncharitable exempt organization (2) Purchases of assets from a noncharitable exempt organization (3) Rental of fac11it1es, equipment, or other assets . (4) Reimbursement arrangements . . . . . . . . . . . . (5) Loans or loan guarantees . . . . . . . . . . . .. (6) Performance of services or membership or fundra1s1ng sollc1tat1ons

c Sharing of facilities, equipment, ma1l1ng lists, other assets, or paid employees .

1 al1 l x 1al2l x

1 b(1l x 1 b(2l x 1bl3) x 1bl4) x 1bl5) x 1bl6} x

1c x 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) Lme no (b) Amount involved (c) Name of nonchantable exempt organization (d) Descnpllon of transfers, transactions, and shanng arrangements N/A N/A

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? . . . . . . . . . . . D Yes 0 No

b If "Yes " corn lete the followin schedule (a) Name of orgamzat1on (b) Type of organization (c) Description of relat1onsh1p

Under pe allies of per1ury, I declare that I have examined this return, including accompanying sdledules and statements, and to the best of my knowledge and belief, 1t is true, correc a com e Declar of preparer ( th r than taxpayer) 1s based o all mformat1on of which preparer has any knowledge

Sign Here ~~~~~u..4~~_J_1--J-J'2,...~,_~z..::::::ot~f, ~ ?ar:.~ cb.W't May the IRS discuss this return with tne preparer shown below (see instructoons)? ~ Yes D N Paid Preparer Use Only

JSA

3E14931000

Prmt/Type preparer's name

ANDREA KYZYMA Firm's name ~ GRANT THORNTON Firm'saddress ~ 2001 MARKET STREET,

PHILADELPHIA, PA

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST

Tille

Check 1f PTIN self-employed P O 12 7 3 2 7 9

~ 36-6055558

19103 Phone no 2 1 5- 5 6 1 - 4 2 0 0 Form 990-PF (2013)

0180312-00002

SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452 FORM 990-PF - PART IV

CAPITAL GAINS AND LOSSES FOR TAX ON INVESTMENT INCOME Kind of Property

Gross sale price less

exoenses of sale

79804318.

TOTAL GAIN (L

JSA 3E1730 1 000

Deprec1at1on allowed/ al'- ... ..,hl

OSS)

Description

Cost or

I FMV

I AdJ basis

other as of as of '---- 1?n1/fHl 1 ?/~1 /1':Q

SEE ATTACHMENT 24 PROPERTY TYPE SECURITIES 74259683

77270J 700P 7/16/2014 1027:39 AM V 13-5 ST

p 01 Date n acquired

I Excess of Gain FMVover or ad, basis llossl

p VAR

5,544,635

5,544,635

0180312-00002

Date sold

VAR


FORM 990PF, PART I - DIVIDENDS AND INTEREST FROM SECURITIES

DESCRIPTION

INTEREST INCOME DIVIDEND INCOME

TOTAL

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST

REVENUE AND

EXPENSES PER BOOKS

799,109. 7,472,526.

8.271,635.

0180312-00002

25-1113452

ATTACHMENT 1

NET INVESTMENT

INCOME

799,109. 7,472,526.

8.271,635.

ATTACHMENT 1


FORM 990PF, PART I - OTHER INCOME

DESCRIPTION VENTURE INCOME OTHER INCOME

TOTALS

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST

REVENUE AND

EXPENSES PER BOOKS

275,563. 15,335.

290.898.

0180312-00002

25-1113452

ATTACHMENT 2

NET INVESTMENT

INCOME 275,563.

15,335.

290.898.

ATTACHMENT 2


FORM 990PF, PART I - LEGAL FEES

DESCRIPTION

LEGAL FEES

TOTALS

REVENUE AND

EXPENSES PER BOOKS

28,370.

28.370.

NET INVESTMENT

INCOME

7 72 7 0 J 7 0 0 P 7 /1 6 I 2 0 14 1 0 2 7 . 3 9 AM V 1 3 - 5 5 T 0180312-00002

ATTACHMENT 3

ADJUSTED NET

INCOME

25-1113452

CHARITABLE PURPOSES

28,370.

28.370.

ATTACHMENT 3


FORM 990PF, PART I - ACCOUNTING FEES

DESCRIPTION

AUDIT, COMPLIANCE, AND TAX SRV

TOTALS

REVENUE AND

EXPENSES PER BOOKS

46,632.

46.632.

NET INVESTMENT

INCOME

23,316.

23.316.

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002

25-1113452

ATTACHMENT 4

ADJUSTED NET

INCOME CHARITABLE

PURPOSES

23,316.

23.316.

ATTACHMENT 4

SARAH SCAIFE FOUNDATION INCORPORATED 25-1113452

ATTACHMENT 5

FORM 990PF, PART I - OTHER PROFESSIONAL FEES

REVENUE AND NET

EXPENSES INVESTMENT CHARITABLE DESCRIPTION PER BOOKS INCOME PURPOSES

FISCAL AGENT FEES 252,189. 252,189. CONSULTING 25,600. 25,600.

TOTALS 277 789. 252,189. 25,600.

ATTACHMENT 5 77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002


FORM 990PF, PART I - TAXES

DESCRIPTION

FEDERAL EXCISE TAX

TOTALS

REVENUE AND

EXPENSES PER BOOKS

257,000.

257.000

25-1113452

ATTACHMENT 6

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002


FORM 990PF, PART I - OTHER EXPENSES

DESCRIPTION COMPUTER MAINTENANCE INSURANCE DUES & SUBSCRIPTIONS OFFICE EXPENSES TELEPHONE

TOTALS

REVENUE AND

EXPENSES PER BOOKS

618. 16,952.

4,308. 23,645.

2,223.

47.746.

NET INVESTMENT

INCOME

l, 991.

4,938. 261.

7 ,_U_Q_.

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002

25-1113452

ATTACHMENT 7

CHARITABLE PURPOSES

618. 14,962.

4,308. 18,706.

1,962.

40.556

ATTACHMENT 7


ATTACHMENT 8

FORM 990PF, PART II - PREPAID EXPENSES AND DEFERRED CHARGES

DESCRIPTION

PREPAID INSURANCE

TOTALS

7 72 7 0 J 7 0 0 P 7 /1 6 I 2 0 1 4 1 0 2 7 3 9 AM V 1 3 - 5 5 T

ENDING BOOK VALUE

8,380.

8.380.

0180312-00002

ENDING FMV

8,380.

8.380.

25-1113452

ATTACHMENT 8


FORM 990PF, PART II - U.S. AND STATE OBLIGATIONS

DESCRIPTION

GOVERNMENT SECURITIES MUNICIPAL BONDS

SEE ATTACHMENT 23

US OBLIGATIONS TOTAL

77270J 700P 7 /16/2014 10 27 39 AM V 13-5 ST

ATTACHMENT 9

ENDING BOOK VALUE

25,296,569. 44,046.

25.340.615.

0180312-00002

ENDING FMV

24,908,800. 42,926.

24 t 951. 726

25-1113452

ATTACHMENT 9


FORM 990PF, PART II - CORPORATE STOCK

DESCRIPTION

COMMON STOCK INVESTMENTS SEE ATTACHMENT 23

TOTALS

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST

ATTACHMENT 10

ENDING BOOK VALUE

130,247,399.

130.247.399.

0180312-00002

ENDING FMV

274,413,786.

274.413.786.

25-1113452

ATTACHMENT 10


FORM 990PF, PART II - CORPORATE BONDS

DESCRIPTION

CORPORATE BOND INVESTMENTS SEE ATTACHMENT 23

TOTALS

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST

ATTACHMENT 11

ENDING BOOK VALUE

13,470,707.

13.470.707.

0180312-00002

ENDING FMV

13,350,069.

13.350.069.

25-1113452

ATTACHMENT 11


FORM 990PF, PART II - OTHER INVESTMENTS

DESCRIPTION

VENTURE FUNDS MUTUAL FUNDS

SEE ATTACHMENT 23

TOTALS

77270J 700P 7 /16/2014 10 27 39 AM V 13-5 ST

ATTACHMENT 12

ENDING BOOK VALUE

1,407,501. 4,000,000.

5.407.501

0180312-00002

ENDING FMV

973,886. 4,058,274.

5.032.160.

25-1113452

ATTACHMENT 12


ATTACHMENT 13

FORM 990PF, PART III - OTHER DECREASES IN NET WORTH OR FUND BALANCES

DESCRIPTION AMOUNT

CHANGE IN ACCURED EXPENSES 35,000.

TOTAL 35.000.

77270J 700P 7 /16/2014 10. 27 39 AM V 13-5 ST 0180312-00002


FOR!'-LJ)90PF, PART VIII - LIST OF OFFICERS, DIRECTORS, AND TRUSTEES ATTACHMENT 14

CONTRIBUTIONS EXPENSE ACCT TO EMPLOYEE

NAME AND ADDRESS TITLE AND AVERAGE HOURS PER WEEK DEVOTED TO POSITION COMPENSATION BENEFIT PLANS

AND OTHER ALLOWANCES

RICHARD M SCAIFE 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

MICHAEL W GLEBA 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

BARBARA L SLANEY 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

CHAIRMAN/TRUSTEE 3 00

PRESIDENT/TREASURER/TRUSTEE 32 00

VICE PRESIDENT 32 00

BARBARA L SLANEY SERVED AS VICE PRESIDENT FOR 32 HOURS PER WEEK UNTIL AUGUST 31. 2013

R DANIEL MCMICHAEL 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

SR FELLOW/ASSIT SECRETARY 3 00

R DANIEL MCMICHAEL SERVED AS SENIOR FELLOW AND ASSISTANT SECRETARY UNTIL SEPTEMBER 23, 2013 THE COMPENSATION LISTED RELATED TO HIS SERVICES AS A CONSULTANT TO THE FOUNDATION

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002

0 0 0

314,667 40,200 0

53,333 18,333. 0

25,600 0 0

ATTACHMENT 14


FORM 990PF, PART VIII - LIST OF OFFICERS, DIRECTORS, AND TRUSTEES

NAME AND ADDRESS

YVONNE MARIE BLY 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

T. KENNETH CRIBB, JR 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

EDWIN J FEULNER, JR 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

ROGER KIMBALL 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

ALLAN H MELTZER 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

~

TITLE AND AVERAGE HOURS PER WEEK DEVOTED TO POSITION

ASST TREASURER/SECRETARY 32 00

TRUSTEE 3 00

TRUSTEE 3.00

TRUSTEE 3 00

TRUSTEE 3.00

COMPENSATION

68,200.

6,000

6,000

1,500

6,000

77270J 700P 7/16/2014 10 2739 AM V 13-5 ST 0180312-00002

25-1113452

ATTACHMENT 14 (CONT'D)

CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS

15,700

0

0

0

0

EXPENSE ACCT AND OTHER ALLOWANCES

0

0

0

0

0

ATTACHMENT 14


FORM ~90PF, PART VIII - LIST OF OFFICERS, DIRECTORS, AND~TJrnSTEES

NAME AND ADDRESS

E. VAN R MILBURY 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

ROGER W. ROBINSON, JR 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

JAMES C. RODDEY 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

CHRISTINE J TORETTI 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

JAMES M WALTON 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219-6402

TITLE AND AVERAGE HOURS PER WEEK DEVOTED TO POSITION

TRUSTEE 3 00

TRUSTEE 3 00

TRUSTEE 3 00

TRUSTEE 3 00

TRUSTEE 3 00

GRAND TOTALS

COMPENSATION

0

6,000

6,000

1, 500.

3,000

4 9 7 ,Jl__Q_Q_

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002

25-1113452


CONTRIBUTIONS EXPENSE ACCT TO EMPLOYEE BENEFIT PLANS

0

0

0

0

0

74 233

AND OTHER ALLOWANCES

0

0

0

0

0

0

ATTACHMENT 14


990PF, PART VIII - COMPENSATION OF THE FIVE HIGHEST PAID EMPLOYEES

NAME AND ADDRESS

MATT GROLL 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219

COLLEEN XENAKIS 301 GRANT STREET ONE OXFORD CENTRE, SUITE 3900 PITTSBURGH, PA 15219

TITLE AND AVERAGE HOURS PER WEEK

DEVOTED TO POSITION

EMPLOYEE 8.00

EMPLOYEE 8.00

TOTAL COMPENSATION

COMPENSATION

54,000.

61,875.

Ll5, 87 5.

77270J 700P 7/16/2014 10 27 39 AM V 13-5 ST 0180312-00002

25-1113452

ATTACHMENT 15

CONTRIBUTIONS EXPENSE ACCT TO EMPLOYEE AND OTHER

BENEFIT PLANS ALLOWANCES

10,050 0

13,922. 0

23.972 Q

ATTACHMENT 15


990PF, PART VIII- COMPENSATION OF THE FIVE HIGHEST PAID PROFESSIONALS

ATTACHMENT 16

NAME AND ADDRESS TYPE OF SERVICE COMPENSATION

OXFORD DEVELOPMENT COMPANY/GRANT ST. FACILITY RENTAL 207,157. ONE OXFORD CTR-PLAZA LEVEL, 301 GRANT ST PITTSBURGH, PA 15219

TOTAL COMPENSATION 207.157.

7 7 2 7 0 J 7 0 0 P 7 /1 6 I 2 0 14 1 0 2 7 3 9 AM V 1 3 - 5 . 5 T 0180312-00002


FORM 990PF PART XV - GR?i.NTS AND CONTRTBTJTIONS PAID DfIRING THE YEAR

RECIPIENT NAME AND ADDRESS

ACTON INSTITUTE - STUDY OF RELIGION & LIBERTY

98 E FULTON STREET

GRAND RAPIDS, MI 49503

ALLEGHENY INSTITUTE FOR PUBLIC POLICY

305 MT LEBANON BLVD, SUITE 208

PITTSBURGH, PA 15234

AMERICAN BAR ASSOCIATION FUND FOR JUSTICE AND EDU

1050 CONNECTICUT AVE, NW SUITE 400

CHICAGO, IL 20036

AMERICAN CIVIL RIGHTS INSTITUTE

P O BOX 188350

SACRAMENTO, CA 95818

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RE

1150 SEVENTEENTH ST NW

WASHINGTON, DC 20036


1150 SEVENTEENTH ST


77270J 700P

NW

7/16/2014 10 27 39 AM

RELATIONSHIP TO SUBSTANTIAL CONTRIBUTOR

AND

FOUNDATION STATUS OF RECIPIENT

NONE

PC

NONE

PC

NONE

SO-DP

NONE

PC

NONE

PC

NONE

PC

V 13-5 ST 0180312-00002

25-1113452

ATTACHMENT ]___]_

PURPOSE OF GRANT OR CONTRIBUTION AMOUNT

PROJECT SUPPORT 50,000

GENERAL OPERATING SUPPORT 125.000

STANDING COMMITTEE ON LAW AND NATIONAL SECURITY 115. 000

GENERAL OPERATING SUPPORT 225,000


PROGRAM SUPPORT 200.000

ATTACHMENT 17


FORM 990PF PART XV - GRANTS ti.ND CONTBTBIITTONS PAID DrTBJNG THE YEZ\B



1150 SEVENTEENTH ST NW


AMERICAN FOREIGN POLICY COUNCIL

509 C STREET, NE


AMERICA'S FUTURE FOUNDATION

1513 l 6TH STREET, NW


ATLANTIC LEGAL FOUNDATION

2039 PALMER AVENUE, SUITE 104

LARCHMONT, NY 10538

ATLAS ECONOMIC RESEARCH FOUNDATION

1201 L STREET. NW, SUITE 200


CAPITAL RESEARCH CENTER

1513 16TH STREET, NW


77270J 700P 7 /16/2014 102739AM


AND

NONE

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NONE

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NONE

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NONE

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NONE

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NONE

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FOUNDATION STATUS Of RECIPIENT

V 13-5 ST 0180312-00002

25-1113452


PURPOSE Of GRANT OR CONTRIBUTION AMOUNT

SHADOW FINANCIAL REGULATORY COMMITTEE 25.000




GENERAL OPERATING AND PROGRAM SUPPORT 75,000


ATTACHMENT 17


FORM 990PF PART XV - GRANTS AND CONTRTBIITTONS PAID DORING THE YEAR


CARNEGIE MELLON UNIVERSITY

5000 FORBES AVENUE


CARNEGIE MELLON UNIVERSITY

5000 FORBES AVENUE


CATO INSTITUTE

1000 MASSACHUSETTS AVE, NW


CENTER FOR EQUAL OPPORTUNITY 7700 LEESBURG PIKE, SUITE 231

FALLS CHURCH, VA 22043

CENTER FOR IMMIGRATION STUDIES, INC

1629 K STREET, NW, SUITE 600


CENTER FOR INDIVIDUAL RIGHTS

1233 20TH STREET, NW, SUITE 300


77270J 700P 7/16/2014 l O 27 39 AM


AND

NONE

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NONE

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NONE

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NONE

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NONE

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NONE

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V 13-5 ST 0180312-00002

25-1113452

ATTACHMENT 11 /CONT'D)



CENTER FOR THE STUDY OF PUBLIC POLICY 125,000

DOMESTIC POLICY STUDIES PROGRAMS 40,000




ATTACHMENT 17


FORM 990PF PaBT XV - GBll.NTS AND CONTBTBJJTIONS PAID DPRTNG THE YEAR


CENTER FOR MEIDA AND PUBLIC AFFAIRS

933 N KENMORE ST, SUITE 405


CENTER FOR SECURITY POLICY INC

1901 PENNSYLVANIA AVE, NW, SUITE 201


CENTER FOR STRATEGIC & INTERNATIONAL STUDIES. INC

1616 RHODE ISLAND AVE, NW


CITIZENS' COUNCIL FOR HEALTH FREEDOM

161 ST ANTHONY AVE SUITE 923

ST PAUL, MN 55103

CLAREMONT INSTITUTE FOR THE STUDY OF STATESMANSHIP

937 WEST FOOTHILL BLVD, SUITE E

CLAREMONT, CA 91711

CLAREMONT INSTITUTE FOR THE STUDY OF STArESMANSHIP

937 WEST FOOTHILL BLVD, SUITE E

CLAREMONT. CA 91711

77270J 700P 7/16/2014 10 27 39 AM


AND

NONE

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NONE

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NONE

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NONE

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NONE

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NONE

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V 13-5 ST 0180312-00002

25-1113452


PURPOSE OF GRANT OR CONTRIBUTION

GENERAL OPERATING SUPPORT


SENIOR ADVISOR POST AND PROJECT SUPPORT


GENERAL OPERATING. PROGRAM AND WASHINGTON FELLOW

SUPPORT


ATTACHMENT 17

AMOUNT

75,000

175.000

600.000

150,000

100.000

300.000


FORM 990PF PART XV - GRANTS AND CQNTRIBIJTTONS PAID D[JRTNG THE YEAR


COLLEGIATE NETWORK, INC

3901 CENTERVILLE ROAD

WILMINGTON, DE 19807

COMMITTEE FOR A CONSTRUCTIVE TOMORROW

P O BOX 65722


THE COMMONWEALTH FDN - PUBLIC POLICY ALTERNATIVES

225 STATE STREET. SUITE 302

HARRISBURG, PA 17101

COMPETITIVE ENTERPRISE INSTITUTE

1899 L STREET, NW, 12TH FLR


COMPETITIVE ENTERPRISE INSTITUTE

1899 L STREET, NW, 12TH FLR


DAVID HOROWITZ FREEDOM CENTER

14724 VENTURA BLVD , SUITE 820

SHERMAN OAKS. CA 91403

77270J 700P 7/16/2014 10 27 39 AM


AND

NONE

PC

NONE

PC

NONE

PC

NONE

PC

NONE

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NONE

PC


V 13-5 ST 0180312-00002

25-1113452

ATTACHMENT 17 !CONT'D)


GENERAL OPERATING AND PROGRAM SUPPORT 240.000




PROJECT SUPPORT 175.000


ATTACHMENT 17


FORM 990PF PART XV - GRP.NTS AND CQNTRIBIITTONS PAID DIIBTNG THE YEAR


THE DEFENSE FORUM FOUNDATION, INC

30H CASTLE ROAD

FALLS CHURCH, VA 22044

ETHICS AND PUBLIC POLICY CENTER, INC

1730 M STREET, NW, SUITE 910


THE FEDERALIST SOCIETY - LAW & PUBLIC POLICY STUDY



FOUNDATION FOR CALIFORNIA UNIVERSITY OF PA

250 UNIVERSITY AVENUE, BOX 20

CALIFORNIA, PA 15419

FOUNDATION FOR CULTURAL REVIEW, INC

900 BROADWAY, SUITE 602

NEW YORK, NY 10003

FOUNDATION FOR CULTURAL REVIEW, INC

900 BROADWAY, SUITE 602

NEW YORK, NY 10003

77270J 700P 7/16/2014 10 27 39 AM


AND

NONE

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NONE

PC

NONE

PC

NONE

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NONE

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NONE

PC


V 13-5 ST 0180312-00002

25-1113452



PROGRAM SUPPORT 50,000

GENERAL OPERATING AND PROGRAM SUPPORT 125.000

GENERAL OPERATING SUPPORT 400, 000

GOVERNMENT AGENCY COORDINATION OFFICE 100.000


PROJECT SUPPORT 32.500

ATTACHMENT 17

SARAH SCAifE fOUNDATION INCORPORATED

FORM 990PF PART XV - GRANTS ?I.ND CONTBTBIITTONS PAID DURING THE YEAR


fOUNDATION fOR INDIVIDUAL RIGHTS IN EDUCATION, INC

170 S INDEPENDENCE MALL W, SUITE 510

PHILADELPHIA, PA 19106

fREEDOMWORKS fOUNDATION

400 N CAPITOL ST, NW, SUITE 765


GALEN INSTITUTE, INC

P O BOX 320010

ALEXANDRIA, VA 22320

GEORGE C MARSHALL INSTITUTE

1601 N KENT STREET, SUITE 802

ARLINGTON. VA 22209

GEORGE MASON UNIVERSITY fOUNDATION, INC

3301 fAIRfAX DRIVE

fAIRfAX, VA 22201

GEORGE MASON UNIVERSITY fOUNDATION, INC

4400 UNIVERSITY DRIVE

fAIRfAX, VA 22030

77270J 700P 7/16/2014 10 27 39 AM


AND

NONE

PC

NONE

PC

NONE

PC

NONE

PC

NONE

PC

NONE

PC

fOUNDATION STATUS Of RECIPIENT

V 13-5 5T 0180312-00002

25-1113452

ATTACHMENT 17 {CONT'D)

PURPOSE Of GRANT OR CONTRIBUTION AMOUNT





LAW AND ECONOMICS CENTER 225.000

CENTER fOR STUDY Of PUBLIC CHOICE 100,000

ATTACHMENT 17


FORM 990PF PART XV - GRANTS AND CONTRIBIJTTONS PAID DTJBTNG THE YEAR


HERITAGE FOUNDATION

214 MASSACHUSETTS AVE, NE


HUDSON INSTITUTE INC

1015 15TH STREET, NW, SIXTH FLOOR


HUDSON INSTITUTE INC

1015 15TH STREET, NW, SIXTH FLOOR


HUMAN RIGHTS FOUNDATION INC

EMPIRE STATE BLDG, 14515

NEW YORK, NY 10118

INSTITUTE FOR FOREIGN POLICY ANALYSIS, INC

675 MASSACHUSETTS AVE, lOTH FLOOR

CAMBRIDGE, MA 02139

INSTITUTE FOR FOREIGN POLICY ANALYSIS, INC

675 MASSACHUSETTS AVE, lOTH FLOOR

CAMBRIDGE, MA 02139

77270J 700P 7/16/2014 10 27 39 AM


AND

NONE

PC

NONE

PC

NONE

PC

NONE

PC

NONE

PC

NONE

PC


V 13-5 ST 0180312-00002

25-1113452




CENTER FOR RELIGIOUS FREEDOM 100,000

PROJECT SUPPORT 50, 000



ECONOMIC SECURITY PROGRAM 160.000

ATTACHMENT 17


FORM 990PF Pa.RT XV GRANTS AND CONTRTBIITTONS PAID DIIRTNG THE YEAR


INSTITUTE FOR HUMANE STUDIES

3351 FAIRFAX DRIVE

ARLINGTON, VA 22201

INSTITUTE FOR JUSTICE

901 N GLEBE RD, SUITE 900

ARLINGTON, VA 22203

THE INSTITUTE OF WORLD POLITICS

1521 16TH STREET, NW


THE INSTITUTE ON RELIGION AND PUBLIC LIFE, INC

35 EAST 21ST ST, 6TH FLOOR

NEW YORK, NY 10010

INTERCOLLEGIATE STUDIES INSTITUTE, INC

3901 CENTERVILLE ROAD

WILMINGTON, DE 19807

INTERNATIONAL FREEDOM EDUCATIONAL FOUNDATION

P O BOX 9925

MCLEAN, VA 22102

77270J 700P 7/16/2014 10 27 39 AM


AND

NONE

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NONE

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NONE

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NONE

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GENERAL OPERATING AND PUBLICATION SUPPORT 60,000


CENTER FOR A SECURE FREE SOCIETY 75,000

ATTACHMENT 17


FORM 990PF PART XV - GRANTS AND CONTBTBPTTONS PAID OfJBTNG THE YEAR


JAMESTOWN FOUNDATION



JOHNS HOPKINS UNIV THE PAUL H NITZE SCHOOL

1740 MASSACHUSETTS AVE. NW

BALTIMORE, DE 20036

JUDICIAL WATCH, INC

425 THIRD STREET, SW, SUITE 800


LANDMARK LEGAL FOUNDATION

19415 DEERFIELD AVE, SUITE 312

KANSAS CITY, MO 20176

MANHATTAN INSTITUTE FOR POLICY RESEARCH INC

52 VANDERBILT AVE

NEW YORK, NY 10017

MEDIA RESEARCH CENTER, INC

1900 CAMPUS COMMONS DR, SUITE 600


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ATTACHMENT 11 {CONT'D)



RESEARCH AND WRITING PROJECTS 60.000





ATTACHMENT 17


FORM 990PF PART XV - GRANTS ANO CONTRIBUTIONS PAID DIJRTNG THE YEAR


MERCATUS CENTER INC

3351 NORTH FAIRFAX DR, 4TH FLOOR

FAIRFAX, VA 22201

MISSOURI STATE UNIVERSITY FOUNDATION

9302 LEE HIGHWAY, SUITE 760

SPRINGFIELD, MO 22031

NATIONAL ASSOCIATION OF SCHOLARS, INC

8 WEST 38TH STREET, SUITE 503

NEW YORK, NY 10018

NATIONAL CENTER FOR POLICY ANALYSIS

12770 COIT ROAD, SUITE 800

DALLAS, TX 75251

NATIONAL CENTER FOR PUBLIC POLICY RESEARCH INC

501 CAPITOL COURT, NE, SUITE 200


NATIONAL INSTITUE FOR PUBLIC POLICY

9302 LEE HIGHWAY, SUITE 750

FAIRFAX, VA 22031

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DEPARTMENT OF DEFENSE AND STRATEGIC STUDIES 140.000





ATTACHMENT 17

SARAH SCAifE fOUNDATION INCORPORATED

FORM 990PF PART XV - GRANTS AND CQNTRIBJJTIONS PAID DIJBTNG THE YEAR


NATIONAL TAXPAYERS UNION fOUNDATION

108 NORTH ALfRED ST


NEW ENGLAND LEGAL fOUNDATION

150 LINCOLN STREET

BOSTON, MA 02111

NUMBERSUSA EDUCATION AND RESEARCH fOUNDATION

1601 N KENT STREET, SUITE 1100

ARLINGTON, VA 22209

PAClfIC LEGAL fOUNDATION

930 G STREET

SACRAMENTO, CA 95814

PAC!fIC RESEARCH INSTITUTE fOR PUBLIC POLICY

ONE EMBARCADERO CENTER. SUITE 350

SAN fRANCISCO, CA 94111

PRINCETON UNIVERSITY

83 PROSPECT AVENUE

PRINCETON, NJ 08540

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ATTACHMENT JJ {CONT'D)

PURPOSE Of GRANT OR CONTRIBUTION



PROJECT SUPPORT



JAMES MADISON PROGRAM IN AMERICAN IDEALS AND

INSTITUTIONS

ATTACHMENT 17

AMOUNT

50,000

40,000

40,000

150,000

150.000

75,000


FORM 990PF PART XV - GRANTS AND CONTRIBIJTTONS PAID DORING THE YEAR


REASON FOUNDATION

5737 MESMER AVENUE

LOS ANGELES. CA 90230

REASON FOUNDATION

5737 MESMER AVENUE

LOS ANGELES, CA 90230

SAINT VINCENT COLLEGE

300 FRASER PURCHASE ROAD

LATROBE, PA 15650

SOCIAL PHILOSOPHY AND POLICY FOUNDATION

P O BOX 938

BOWLING GREEN, OH 43402

SOUTHEASTERN LEGAL FOUNDATION INC

2255 SEWELL MILL ROAD, SUITE 320

ATLANTA, GA 30062

STANFORD U HOOVER INST ON WAR REVOLUTION & PEACE

434 GALVEZ MALL

STANFORD, CA 94305

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ENVIRONMENT PROGRAM 50.000

CENTER FOR POLITICAL AND ECONOMIC THOUGHT so. 000



BOOK PROJECT 50.000

ATTACHMENT 17


FORM 990PF PART X\1 - GRl:\.NTS AND CONTRIBITTTONS PAID DURING THE YEAR



43 4 GALVEZ MALL

STANFORD, CA 94305

TAX FOUNDATION

529 14TH STREET. NW, SUITE 420


TUFTS UNIVERSITY

419 BOSTON AVE

MEDFORD, MA 02155

TWENTY-FIRST CENTURY INITIATIVES

1730 RHODE ISLAND AVE, NW SUITE 300


UNIVERSITY OF CHICAGO

1111 EAST GOTH STREET

CHICAGO, IL 60637

UNIVERSITY OF KENTUCKY

343 WALLER AVENUE, SUITE 301

LEXINGTON, KY 40504

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RESEARCH PROGRAMS AND HOOVER FELLOWS SUPPORT


THE FLETCHER SCHOOL OF LAW AND DIPLOMACY

PROJECT SUPPORT

COASE-SANDOR INSTITUTE FOR LAW AND ECONOMICS

THE NEW UNIVERSITY OF KENTUCKY ALBERT B CHANDLER

HOSPITAL AUDITORIUM

ATTACHMENT 17

AMOUNT

450.000

200.000

390.000

100.000

100,000

500,000


FORM 99GPE PART XV - GRANTS i\ND CONTRIBJJTTONS PAID O[IRJNG THE YEAR


UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION

580 MASSIE ROAD

CHARLOTTESVILLE, VA 22903

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ATTACHMENT JJ (CONT'D)


CENTER FOR NATIONAL SECURITY LAW 325,000

TOTAL CONTRIBUTIONS PAID 14 647 500

SEE ATIACHMENT 21

ATTACHMENT 17


FOBM 990PF PABT XV - CONTRIBIITTQNS APPROVED FOB FrTTIJBE PAYMENT


CITIZENS' COUNCIL FOR HEALTH FREEDOM

161 ST ANTHONY AVE

ST PAUL, MN 55103

SUITE 923


434 GALVEZ MALL

STANFORD, CA 94305

UNIVERSITY OF KENTUCKY

343 WALLER AVENUE, SUITE 301

LEXINGTON, KY 40504

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ATTACHMENT 18



BOOK PROJECT

THE NEW UNIVERS[TY OF KENTUCKY ALBERT B CHANDLER HOSPITAL AUDITORIUM

TOTAL CONTRIBUTIONS APPROVED

SEE ATTACHMENT 21

ATTACHMENT 18

AMOUNT

75,000

100.000

2.000.000

2 115 000


FEDERAL FOOTNOTES

ATTACHMENT 19

PART I, LINE 19 - DEPRECIATION EXPENSE PART II, LINE 14 - LAND, BUILDINGS, AND EQUIPMENT PART II, LINE 14 - ACCUMULATED DEPRECIATION

DESCRIPTION LEASEHOLD IMPROVEMENTS OFFICE EQUIPMENT SUBTOTAL FIXED ASSETS LESS. ACCUMULATED DEPRECIATION

NET FIXED ASSETS

AMOUNT 318,107 439,441

757,548 (754,212)

3,336

25-1113452

DEPRECIATION AND AMORTIZATION EXPENSE FOR 12/31/13 WAS $1,954

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FEDERAL FOOTNOTES

ATTACHMENT 20

THE SARAH SCAIFE FOUNDATION'S GRANT PROGRAM IS PRIMARILY DIRECTED TOWARD PUBLIC POLICY PROGRAMS THAT ADDRESS MAJOR DOMESTIC AND INTERNATIONAL ISSUES. THERE ARE NO GEOGRAPHICAL RESTRICTIONS. THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS FOR ANY PURPOSE OR TO NATIONALLY-ORGANIZED FUNDRAISING GROUPS. PROPOSALS FOR THE FOLLOWING ARE USUALLY DECLINED: EVENT SPONSORSHIPS, ENDOWMENTS, CAPITAL CAMPAIGNS, RENOVATIONS, OR GOVERNMENT AGENCIES.

INITIAL INQUIRIES TO THE FOUNDATION SHOULD BE IN LETTER FORM SIGNED BY THE ORGANIZATION'S PRESIDENT, OR AUTHORIZED REPRESENTATIVE, AND HAVE THE APPROVAL OF THE ORGANIZATION'S BOARD OF DIRECTORS. THE LETTER SHOULD INCLUDE A CONCISE DESCRIPTION OF THE SPECIFIC PROGRAM FOR WHICH FUNDS ARE REQUESTED, AND A PROGRAM BUDGET AND TIMETABLE. ACCOMPANYING INFORMATION SHOULD INCLUDE A COPY OF THE LATEST AUDITED FINANCIAL STATEMENTS ( OR FORM 990); ANNUAL REPORT; CURRENT BUDGET; LIST OF OFFICERS AND DIRECTORS AND THEIR MAJOR AFFILIATIONS; AND A COPY OF THE CURRENT DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE EVIDENCING TAX-EXEMPT STATUS UNDER SECTIONS 501 (C) (3) OF THE IRS CODE. ADDITIONAL INFORMATION MAY BE REQUESTED, IF NEEDED, FOR FURTHER EVALUATION.

THE FOUNDATION MEETS IN FEBRUARY, MAY, SEPTEMBER, AND NOVEMBER TO CONSIDER GRANTS. HOWEVER, REQUESTS MAY BE SUBMITTED AT ANY TIME AND WILL BE ACTED UPON AS EXPEDITIOUSLY AS POSSIBLE.

REQUESTS SHOULD BE ADDRESSED TO: MICHAEL W. GLEBA PRESIDENT AND TREASURER SARAH SCAIFE FOUNDATION ONE OXFORD CENTRE 301 GRANT STREET, SUITE 3900 PITTSBURGH, PA 15219-6402

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FEDERAL FOOTNOTES

ATTACHMENT 21

GRANTS PAID & APPROVED: ALL OF THE GRANTEES SHOWN ON THE ATTACHED STATEMENT OF GRANTS ARE EXEMPT UNDER THE INTERNAL REVENUE CODE (IRC) SECTION 50l(C) (3), AND HAVE THE STATUS OF PUBLIC CHARITIES WITHIN THE MEANING OF IRC SECTION 509 (A) (1) OR (2).

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FEDERAL FOOTNOTES

ATTACHMENT 22

ALLOCATION OF EXPENSES IN PART I: COMPENSATION OF OFFICERS, TRUSTEES, AND OTHER EMPLOYEES, AS WELL AS THE RELATED EMPLOYEE BENEFITS ARE ALLOCATED BASED ON TIME SPENT IN CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE VERSUS TIME SPENT IN THE PRODUCTION OF INCOME PROFESSIONAL FEES ARE ALLOCATED BASED ON THE NATURE OF SERVICES PERFORMED FOR THE FOUNDATION. ALL OTHER EXPENSES ARE PRO-RATED BASED ON THE SALARY EXPENSE AND THE FOUNDATION'S ESTIMATES, WITH THE EXCEPTION OF INVESTMENT EXPENSES, WHICH ARE DIRECTLY RELATED TO PRODUCING INCOME.

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SCHEDULE OF INVESTMENTS DECEMBER 31, 2013

Investments

Common stocks Accenture PLC Altria Group, Inc. Ameriprise Financial, Inc. Amgen, Inc. Analog Devices, Inc. AT&T, Inc. Automatic Data Processing, Inc. Berkshire Hathaway, Inc. Blackrock, Inc. Bristol Myers Squibb Co. Chevron Corporation Costco Wholesale Corp. Covidien PLC Eaton Corp PLC Ecolab Inc. Exxon Mobil Corp Home Depot, Inc. Honeywell International, Inc. Intel Corp. International Business Machines Corp. Johnson & Johnson JPMorgan Chase & Co. Lockheed Martin Corp. Mallinckrodt PLC McDonald's Corp. Microsoft Corp. Nextera Energy, Inc Oneok, Inc. Pfizer, Inc. Philip Morris International Inc. Praxair, Inc. Proctor & Gamble Co Schlumberger Ltd. Stanley Black & Decker, Inc Time Warner, Inc. US Bancorp Del Union Pacific Corp.

Shares or Par Value

53,000 307,000

69,000 53,750 55,800

176,000 79,400 45,000 14,200 53,400 58,900 19,700 61, 100 96,500 48,000

225,000 47,000 93,250

219,200 45,550 58,700

103,500 44,200

7,637 85,000 90,850 80,950 39,500

288,750 281,000

29,000 50,400 53,950 28,500

103,800 168,500 22,750

3,729,839 2,315, 173 4,304,656 4,450,684 1,530,839 4,803,021 3,349,204 2,028,491 2,931,562 1,754,249 3,764, 176 1, 129,411 3,021,657 5,307,971 1,317,900 1,881,660 2,228,425 5,218,915 4,583,845 1, 183,237 3,708,674 4,523,539 2,577,542

299,952 4,229,766 2,411,561 1,941,996 1,344,880 5,156,466 4,580,668 1,392,849 2,282,316 4,510,888 2,167,981 3,146,475 4,137,839 2,778,796

Market Value

4,357,660 11,785,730

7,938,450 6, 131,800 2,841,894 6,188,160 6,415,440 5,335,200 4,493,874 2,838,210 7,357, 199 2,344,694 4, 160,910 7,345,580 5,004,960

22,770,000 3,869,980 8,520,253 5,689,336 8,543,813 5,376,333 6,052,680 6,570,772

399, 110 8,247,550 3,398,699 6,930,939 2,456,110 8,844,412

24,483,530 3,770,870 4, 103,064 4,861,435 2,299,665 7,236,936 6,807,400 3,822,000

ATIACHMENT 23 (1 OF 7)



Investments

United Parcel Service, Inc United Technologies Corp V-F Corporation Wal-Mart Stores, Inc Wells Fargo & Company Williams Cos, Inc. Wisconsin Energy Corp.

Total Corporate Stocks

Municipal Bond: Texas St Transit Comm

Investments in US and State Government Oblogat,ons United States Treasury Notes Fannie Mae Federal Home Loan Mortgage Corp. FHLMC Multi Family STR Pass Thru Federal National Mortgage Assoc1at1on Freddie Mac Government National Mortgage Association

TOTAL MUNICIPAL BOND AND INVESTMENT IN US STATE GOVERNMENT OBLIGATIONS

Savings and Temporary Cash Investments Money market:

Shares or Par Value

62,500 $ 57,200 64,336 52,300

103,000 120, 100 104,200

40,000 $ 15,805,000

602,885 357, 131 270,000

5,634,373 1,316,102

560,222

Cost Market Value

3,610,879 $ 6,567,500 778,885 6,509,360

1,233,329 4,010,706 2,919,636 4, 115,487 3, 181,463 4,676,200 4,145,672 4,632,257 2,350,432 4,307,28

130,247,399 274,413,786

44,Q46 $ 42,926 16,173,548 15,997,816

626,703 616,950 357,410 338,760 279,788 268,896

5,919,440 5,823,881 1,348,952 1,287,612

590,728 574.885

25,340,615 24,951,726

PNC Bank 10,000 $ 10,000 $ 10,000 Money market: PNC 445.670 445.670 445.670

Money market: PNC Bank 1,780.021 1.780,021 1.780.021

Money Market PNC Bank 799,703 799,703 799,703

Total Savings and Temporary Cash Investments 3,035,394 3,035,394

ATIACHMENT 23 {2 OF 7)



Investments

Total venture capilal fund -

Corporate bonds: AT&T Inc. (6.3% due 2038) AT&T Inc. (2.4% due 2016) Abbey National Treasury Service Advance Auto Parts Inc. America Movil American Campus Communities American Express Credit American Express American Honda Finance Amgen, Inc Amphenol Corp. Anheuser Busch Cos, Inc Apple, Inc Assurant, Inc Avent, Inc. BB&T Corporation BP Capital Markets PLC (3.245% due 2022) BP Capital Markets PLC (.7% due 2015) BHP Billiton Fin USA LTD BMW Vehicle Owner Trust BNP Paribas Bank of America Auto Trust Bank of America Corp. (5.625% due 2020) Bank of America Corp. (1.5% due 2015) Bank of New York Mellon Bank of Nova Scotia (1.375% due 2017) Bank of Nova Scotia (.95% due 2016) Berkshire Hathaway Inc. (1.9% due 2017) Berkshire Hathaway Inc. (3% due 2023) Boardwalk Pipelines LP Borgwarner, Inc. Capital One Financial Co. (6 15% due 2016)

Capital One Financial Co. (1% due 2015) Carnival Corp (1.2% due 2016)

Shares or Par Value

40,000 75,000

115,000 65,000

100,000 80,000 25,000 65,000 20,000 70,000 90,000 35,000

105,000 75,000 90,000

155,000 35,000 60,000 45,000 55,000 40,000

155,000 225,000

80,000 160,000 115,000 75,000 75,000

145,000 75,000 70,000

117,000

75,000 55,000

Market Value

1,407,501 973,886

43,462 44,210 77,363 77,126

114,746 118, 166 66,080 65,958

107,394 108,306 77,014 74,241 24,994 25, 194 78,782 77,665 19,930 20,082 71,640 71,903 92,807 86,648 39,750 39,050 98,799 94,417 74,627 73,279 89,433 90,379

154,718 153,616 34,077 33,924 59,910 60,149 44,993 45,753 54,999 55,051 39,959 40,029

155,872 156, 184 253,818 257, 110

80,059 80,806 159,893 163,702 112,755 112,854 74,713 75, 106 76,592 76,727

143,773 136,934 71,756 67,436 73,492 73,996

130,547 130,862

74,214 74,967 54,691 54,848




Shares or Investments Par Value Cost Market Value

Carnival Corp (3.95% due 2020) 50,000 $ 49,870 $ 50,039 Caterpillar Financial Services Corp

(2.625% due 2023) 150,000 149, 150 136,296 Caterpillar Financial Services Corp

(1 35% due 2016) 25,000 24,996 25, 155 Centerpomt Energy Transition 200,000 199,680 198,914 Chase Issuance Trust 150,000 150,480 150,507 Citibank Credit Card Issuance ( 91 % due 2018) 130,000 129,974 130,447

C1t1bank Credit Card Issuance (.91 % due 2018) 145,000 144,971 145,498

Citigroup, Inc. (1.25% due 2016) 80,000 79,197 80,266 Citigroup, Inc. (5.5% due 2025) 50,000 50,000 52,662 Citigroup, Inc. (6.125% due 2017) 95,000 105,211 109,507 Comcast Corp. (4 25% due 2033) 95,000 93,816 88,247 Comcast Corp. (6.5% due 2017) 55,000 63,465 63,008 Continental Resources 80,000 83,500 83,100 Credit Suisse Fb USA Inc. 95,000 102,791 101,803 Credit Suisse Sub Notes 65,000 72,596 72,236 CRH America, Inc. 100,000 105,327 105,517 Darden Restaurants, Inc. 95,000 90,250 81,729 Diageo Capital PLC 105,000 97,115 95,732 Digital Realty Trust 100,000 112,345 106,386 DirecTV Holdings/Fing (3.125% due 2016) 35,000 36,411 36,408 DirecTV Holdings/F1ng (4.6% due 2021) 145,000 153,771 149,740 Discovery Communications 70,000 75,345 72,333 Duke Energy Carolinas 75,000 70,073 67,696 Duke Energy Indiana, Inc. 45,000 44,796 46,613 EQT Corp. 85,000 102,938 103, 119 Eaton Corp. 35,000 36,097 35,416 Enterprise Products Oper. Co 25,000 25,152 25, 166 Exelon Generation Co LLC (5.35% due 2014) 50,000 50,958 50,079

Exelon Generation Co LLC (4% due 2020) 130,000 134,923 129,949 Fifth Third Bancorp 75,000 74,463 73,458 Ford Credit Auto Lease Trust 125,000 124,731 124,996 Freeport - McMoran C&G 135,000 128,245 128,304 GE Capital Credit Card Master 100,000 100,375 100,281 GTE Corp. 115,000 137,082 130,541 General Electric Co. 75,000 71,274 69,290 General Electric Cap Corp. (2.9% due 100,000 103,328 104,397

2017)





General Electric Cap Corp. (5.5% due 5,000 $ 5,767 $ 5,726 2020)

General Electric Cap Corp. (5.3% due 30,000 29,894 33,559 2021)

GlaxoSmithKline Capital 75,000 73,736 70,736 Goldcorp, Inc. 85,000 80,309 83,309 Goldman Sachs Group, Inc. 45,000 46,507 46,365 HSBC USA Inc. 100,000 102,417 102,037 HSBC Holdings PLC SR 130,000 147,499 144,489 Hasbro, Inc 90,000 102,429 101,446 Health Care REIT, Inc. 80,000 88,647 85,251 Hewlett Packard Co. (4.375% due 2021} 130,000 131,329 132,370 Hewlett Packard Co. (2.35% due 2015) 25,000 25,407 25,391 Honda Auto Receivables Owner T 150,000 149, 174 149,952 Hyundai Auto Rec TR 145,630 146,930 146,945 International Paper Co. 85,000 110,085 104,201 JP Morgan Chase & Co. (1.125% due 100,000 98,974 100, 170

2016) JP Morgan Chase & Co. (4.625% due 245,000 265,865 264,110

2021) JP Morgan Chase Comm 2005-LDP5 A4 215,000 230,772 229,070 John Deere Owner Trust (.71% due 2017) 50,000 49,906 50,023 John Deere Owner Trust (.75% due 2016) 87,786 87,936 87,909 Johnson Controls, Inc. (5% due 2020} 90,000 99,880 98,320 Johnson Controls, Inc. (5.5% due 2016) 55,000 60,304 59,743 Johnson & Johnson 65,000 83,275 76,876 Kinder Morgan Energy Part. (6 95% due 90,000 107,701 103,392

2038) Kinder Morgan Energy Part. (5.625% due 35,000 37,568 36,799

2015) KLA Instruments Corp. 75,000 86,964 87,761 Kroger Co. (6 4% due 2017) 60,000 69,426 68,744 Kroger Co. (2 2% due 2017} 25,000 25,472 25,304 Kroger Co. (3.85% due 2023) 35,000 34,985 34,460 LifeTechnologies Corp. 70,000 76,784 75,788 Marathon 011 Corp. 50,000 49,845 50,042 MetLife Inc. 70,000 74,900 71,925 MidAmerican Energy Holdings 90,000 105,272 102,245 Morgan Stanley (4.75% due 2017) 100,000 109,564 109, 132 Morgan Stanley (4.875% due 2022) 75,000 75,766 76,775 Morgan Stanley (1.75% due 2016) 50,000 49,695 50,671 Nabisco, Inc. 45,000 50,434 49,278

ATIACHMENT 23 (S OF 7)




Newmont Mining Corp 75,000 $ 70,854 $ 63,838 News America, Inc. 90,000 107,513 105,053 Nexen, Inc. 60,000 64,326 64,078 Nextera Energy Capital (4.5% due 2021) 80,000 85,226 82,511 Nextera Energy Capital (1.2% due 2015) 50,000 50,253 50,256 Nissan Auto Receivables Owner 110,000 109,976 110,491 Oneok Partners LP 35,000 37,003 37,064 Oracle Corp. 45,000 44,594 44,639 PPL Capital Funding, Inc. 75,000 74,213 70,831 PepsiCo, Inc. 125,000 127,983 135,955 Petrobras Global Finance 80,000 75,578 74,867 Petroleos Mex1canos 65,000 72,556 72,215 Prologis, Inc. 110,000 131,086 129,559 Prologis, LP 15,000 14,961 14,818 Prudential Financial, Inc. 60,000 62,428 62,026 Rabobank Nederland 70,000 74,366 73,702 Rabobank Nederland Utrec 100,000 106,361 105,289 Realty Income Corp. (5.75% due 2021) 100,000 114,177 110,587 Reinsurance Group of America 75,000 89,700 86,483 Rio Tinto Fin USA PLC (2.25% due 2018) 60,000 59,659 59,704 Rio Tinto Fin USA PLC (1.375% due 2016) 25,000 25,008 25,389 Royal Bank of Canada (1.2% due 2017) 150,000 146,577 148,625 Royal Bank of Canada (1.125% due 2016) 100,000 100,015 99,987 Safeway, Inc. 70,000 74,630 70,292 Telefonica Emisiones Sau 35,000 36,286 36,764 Teva Pharmacy Fin 11/111 50,000 52,049 51,602 Thermo Fisher Sc1entif1c 35,000 34,929 34,674 Thomson Reuters Corp (.875% due 2016) 40,000 39,732 39,718 Thomson Reuters Corp (4.3% due 2023) 30,000 29,814 30, 129 Time Warner Inc. 90,000 103,235 103,296 Toledo Edison Company 14,000 17,442 16,688 Toyota Motor Credit Corp. 75,000 75,695 76,649 Verizon Communications (6.4% due 2033) 50,000 49,950 57,506 Verizon Communications ( 7% due 2015) 75,000 74,725 74,791 Viacom, Inc. (6 25% due 2016) 45,000 50,643 50,178 Viacom, Inc. (3.25% due 2023) 120,000 114,715 111, 146 Vodafone Group PLC 50,000 49,340 50, 175 Volkswagen Auto Loan Enhanced 145,000 146,954 146,654 Volkswagon Auto Lease Trust 155,000 154,980 155,200 Wachovia Capital Trust I 75,000 73,633 68,625 Walgreen Co 40,000 40,150 40,164 Wal-Mart Stores Inc 135,000 162,377 152,496





Weatherford International Ltd. 115,000 $ 122,260 $ 123,540 Wells Fargo & Company (2.1 % due 2017) 45,000 46,235 45,839 Wells Fargo & Company (5.625% due 30,000 32,120 34,386 2017)

Wells Fargo & Company (3.676% due 45,000 48, 146 47,913 2016)

Westpac Banking Corp (.95% due 2016) 100,000 100,000 100, 171 Westpac Banking Corp (2.25% due 2018) 80,000 79,763 80,290 Whirlpool Corporation 75,000 71,953 71,697 Williams Partners LP 70,000 70,925 71,763 XCEL Energy Company 25,000 24,760 24,789 Xerox Corporation 90,000 100,324 99,476 Xlite Ltd 75,000 74 763 73 664

Total Corporate Bond Investments 13,470, 707 13,350,069

Mutual Funds: Eaton Vance Floating Rate 218,341 2,000,000 2,006,550 Templeton Global Bond Fund 156,740 2,000,000 2,051,724

Total Mutual Funds 4,000,000 4,058,274

Total Investments 177,501,616 320, 783,135



SCHEDULE OF GAINS (LOSSES) FOR TAX ON INVESTMENT INCOME FOR THE YEAR ENDED DECEMBER 31. 2013

(a) (bl (C) (d\ (e) (I) (h) (1) (1j (k) (I) (m) losses from

How Cost or Fair Market column (J) Acquired Gross Other Basis Value as of and gains

Kind of P-Purchase Date Date Sold/ Sales and Expense Gain (loss) December Adjusted Excess of(J) (excess (1) Property Description D-Donated Acquired Matured Pnce of Sale m less (g} ~ CQst Bs1~1s ~ _oyelJ!ll

Security Federal Home loan Bank p 09/29111 01107113 $ 335,166 $ 324,743 s 10,423 NIA NIA NIA $ 10,423 12/28111

Security Freddie Mac p 08/27/12 01107113 248,085 248.480 (395) NIA N/A NIA (395)

Secunty Federal Home Loan p 02118/09 01/15/13 6,612 6,794 (182) NIA N/A NIA (182) Mortgage Corp

Security Federal Home Loan p 02/18/09 01115113 4,943 5,107 (164) N/A NIA N/A (164) Mortgage Corp

Secunty Federal Home Loan p 03/13/12 01/15/13 4,772 5,002 (230) N/A Ni A N/A (230) Mortgage Corp

Security CNH Equrpmenl Trust p 12/17/10 01116/13 44,166 45,048 (882) NIA N/A NIA (882)

Security Total Capital GTD Note p 02114/12 01/16/13 108,588 104,945 3,643 NIA NIA NIA 3,643

Secunty CSFB 2003-CK2 A4 p 12109/10 01118/13 44,789 47,336 (2,547) NIA N/A NIA (2,547)

Security Federal Home Loan Bank p 04127110 01129113 545,510 506,297 39,213 NIA NIA N/A 39,213

Security Untied States Treasury p 02/16/12 01129/13 50,189 50,713 (524) NIA NIA NIA (524) Notes

Secunty Freddie Mac p 09/28112 01/31/13 92,205 94,789 (2.584) NIA NIA NIA (2,584)

Secunty Berkshire Hathaway p 08123112 02/04113 146,042 146,817 (775) NIA N/A N/A (775)

Security United States Treasury p 02/25111 02/06113 150,521 152, 139 (1,618) NIA NIA NIA (1,618) Loan

Security Federal Home Loan p 02/18109 02/15113 6,041 6,208 (167) NIA NIA NIA (167) Mortgage Corp

Secunty Federal Home Loan p 02/18109 02115/13 4,873 5,035 (162) NIA NIA NIA (162) Mortgage Corp

Security Federal Home Loan p 03/13112 02/15113 3,513 3,682 (169) N/A NIA NIA (169) Mortgage Corp



SCHEDULE OF GAINS (LOSSES) FOR TAX ON INVESTMENT INCOME FOR THE YEAR ENDED DECEMBER 31, 2013

(a) (b) (c) (d) (e) (f) (g) (h) (1) (j) (k) (I} Losses from

How Cost or Fair Market column (I) Acquired Other Bas,s Value as of and gains

Kind of P-Purchase Date Date/Sold Gross and Expense Gain (loss) December Ad1usted Expense of G) (excess (r) ~ Description D-Donated Acquired Matured Sales Price of Sale lfl less (hl 31 1969 Cost Basis over (kl over (I))

Secunty CNH Equipment Trust p 12/17110 02/19113 $ 29.605 $ 30.196 $ (591) NIA N/A NIA $ (591)

Secunty Freddie Mac p 09/28112 02/26113 171,689 173.436 (1,747) NIA NIA NIA (1,747)

Secunty Abbott Labs p 05/22/09 02127113 2,085,555 1,399,715 665,840 N/A NIA NIA 685,840 11120109

Secunty Abbvie, Inc p 01104113 02/27113 1,035,475 736,062 299,413 NIA NIA NIA 299,413

Security Abbvie, Inc p 01104113 02/27113 1,301,790 781,809 519,981 NIA NIA NIA 519,981

Secunty Emerson Electric Company p 02/19110 02/27113 18,389 15.379 3,010 NIA NIA NIA 3,010

Secunty Emerson Electnc Company p 02109110 02127113 2.299,746 1,852,977 446,769 NIA NIA NIA 446,769 05124110

Secunty Tiffany & Co p 11118111 02/27113 1,602,432 1,BBB,750 (286,318) NIA NIA NIA (266,318)

Security Caterp1Uar Financial p 02114102 02/27113 268,962 263.621 (14,659) NIA NIA NIA (14,659) Services Corp

Security Morgan Stanley p 01114111 03101113 215,000 230,284 (15,284) NIA NIA NIA (15,284)

Secunty United States Treasury p 02/25/11 03/01/13 476,225 480.870 (4,645) N/A NIA NIA (4,645) Notes

Secunty Medtronic Inc p 04/19110 03106/13 209,734 201 614 8,120 N/A N/A NIA 8,120

Secunty Federal Home Loan p 02118109 03115/13 6,138 6308 (170) N/A NIA NIA (170) Mortgage Corp

Security Federal Home Loan p 02118109 03115113 4,254 4.396 (142) N/A NIA NIA (142) Mortgage Corp

Security Federal Home Loan p 03113112 03/15113 6.961 7296 (335) NIA NIA NIA (335) Mortgage Corp

Securrty Ontano Prov Canada p 09114111 03115113 277,788 269676 8,112 N/A NIA NIA 8,112



SCHEDULE OF GAINS (LOSSES) FOR TAX ON INVESTMENT INCOME FOR THE YEAR ENDED DECEMBER 31, 2013

Losses from How Cost or Fair Market column (I)

Acquired Other Basis Value as of and gains Kind of P-Purchase Date Date/Sold Gross and Expense Gain (loss) December Ad Justed Expense of Ol (excess (1) ~ Description D-Donated Acquired Matured Sales Pnce of Sale m less (hi 31, 1969 Cost Basis over (kl over (I))

Secunty CNH Equrpment Trust p 12/17/10 03/18113 $ 14,218 $ 14,502 $ (284) NIA N/A N/A $ (284)

Secunty Fannie Mae p 11/30112 03120113 70,104 70,404 (300) NIA NIA NIA (300)

Security Public Service coiorado p 02124/11 03122/13 192,427 173,998 18,429 NIA N/A NIA 18,429

Security United States Treasury p 12/31/10 03128/13 166,412 167,772 (1,360) NIA NIA NIA (1,360) Notes

Secunty United States Treasury p 06/03111 04110113 305,477 308,527 (3,050) NIA NIA N/A (3,050) Notes

Security United States Treasury p 12/21110 04102113 121,490 127,439 (5,949) NIA NIA N/A (5,949) Notes

Secunty Freddie Mac p 09128/12 04/03112 36,423 36,789 (366) NIA NIA NIA (366)

Security Freddie Mac p 08/27112 04104113 239,981 238,541 1,440 NIA NIA NIA 1,440

Secunty Freddie Mac p 09/28112 04104113 84,758 84,824 (66) NIA NIA NIA (66)

Secunty CNH Equipment Trus;t p 12117110 04116113 10,635 10,723 (88) NIA NIA NIA (88)

Secunty Federal Home Loan p 02118109 04116113 5,718 6,095 (377) NIA NIA NIA (377) Mortgage Corp

Security Federal Home Loan p 02118/09 04116113 4,335 4,639 (304) NIA NIA NIA (304) Mortgage Corp

Secunty Federal Home Loan p 03/13/12 04/16113 5,977 6,303 (326) NIA NIA NIA (326) Mortgage Corp

Security Federal Home Loan p 02118109 04130/13 6.001 6.166 (165) NIA N/A NIA (165) Mortgage Corp.

Secunty Federal Home Loan p 02118/09 04/30113 4,459 4,607 (148) NIA NIA N/A (148) Mortgage Corp

Secunty Federal Home Loan p 03/13112 04/30113 14,707 15,414 (707) NIA NIA NIA (707) Mortgage Corp

Security CNH Equipment p 12/17/10 05/15113 9,197 9,380 (183) NIA NIA NIA (183)

Security Analog Devices, Inc. p 11/29109 05121/13 447,413 263,370 184,043 NIA NIA NIA 184.043



SCHEDULE OF GAINS (LOSSES) FOR TAX ON INVESTMENT INCOME FOR THE YEAR ENDED DECEMB

sarah scaife foundation 251113452 2013 0a7d2f9dsearchable

Documents

year f

column c

loss e

tax year

col h gain

c date

capital gain net income

net capital loss