2020-11-05T10:19:03-06:00 2019-12-31 341341400 415 Group Inc 4300 Munson Street NW Canton OH 44718 990PF 2019-01-01 341319236 The Paul and Carol David Foundation PAUL 3304790200 4048 Dressler Rd NW 200 Canton OH 44718 President President 3304790200 2020-11-04 1 Kathleen S Krohn CPA P00360247 3304920094 2020-11-05 98.103.148.210 2020-11-05 10:06:12 ES P A1C1F94D2E481F525C082C92CD396F5AD1BA9DB6 69630D809F4945E59814CF46AA9E537C35A1C39A 2019 2021-04-22 16:20:28Z X 68926121 X X 242 242 1194004 1190746 1355677 9338901 1355677 894541 902929 3444464 3449594 36000 9000 27000 252460 86217 166243 97038 28012 59688 6252 1250 0 21772 15240 6531 4540 1362 1362 42528 18075 11315 1877 0 45300 18120 18120 10235 0 10235 878818 853832 22817 1396820 1031108 323311 3151212 3151212 4548032 1031108 3474523 -1103568 2418486 410717 207646 207646 1460018 1261179 1261179 11507 11507 195223 0 0 303001 355701 482117 43797333 42759086 46142092 152900 104376 50401 48524 48524 17760931 18227475 20773056 63977624 62871118 68926121 0 0 X 0 0 0 0 63977624 62871118 63977624 62871118 63977624 62871118 63977624 -1103568 0 62874056 2938 62871118 GM - Capital Gains P 2019-01-01 2019-12-30 195804 195223 581 581 Fidelity - Capital Gains P 2019-01-01 2019-12-31 8158778 7783913 374865 374865 Capital Gains/Losses from PTP's P 2019-01-01 2019-12-31 652997 652997 652997 Other Income/Loss P 2019-01-01 2019-12-31 4088 -4088 -4088 Capital Gains Dividends P 331322 331322 331322 1355677 0 3677349 67839144 0.054207 2949802 65454901 0.045066 2562109 61922926 0.041376 1682365 62706775 0.026829 1769402 63586822 0.027827 0.195305 0.039061 66479644 2596761 24185 2620946 3474523 X 24185 0 24185 0 24185 15627 37000 0 52627 X 0 28442 28442 0 0 0 0 0 0 0 0 0 1 1 0 1 1 OH 1 0 0 0 0 1 www.davidfoundation.org Walter J Stanislawski 3304790200 4048 Dressler Rd NW 200 Canton OH 44718 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 Carol David 4048 Dressler Rd NW 200 Canton OH 44718 Chairperson 8.00 0 0 0 Thomas G Knoll 4048 Dressler Rd NW 200 Canton OH 44718 Trustee 2.00 0 0 0 Jeffrey David 4048 Dressler Rd NW 200 Canton OH 44718 President 35.00 36000 36689 0 Scott F Whetstone 4048 Dressler Rd NW 200 Canton OH 44718 Trustee 1.00 0 0 0 Walt Stanislawski 4048 Dressler Rd NW 200 Canton OH 44718 Staff 40.00 200064 40942 0 Christy Melert 4048 Dressler Rd NW 200 Canton OH 44718 Staff 40.00 52396 19407 0 0 Oxford Financial Group 11711 North Meridian St Ste 6 Carmel IN 46032 Investment Fees 166724 0 Granting scholarships to qualified high school students in Stark County. 1287251 Grants to local non-profit health organizations to assist in research and to assist with under or uninsured population for healthcare. 904750 Support of local charitable organizations for development and maintenance of after-school projects and community development. 847403 Grants to local school districts and universities for operational expenses and educational programs. 73558 0 67153222 338802 0 67492024 0 0 67492024 1012380 66479644 3323982 3323982 24185 24185 3299797 0 3299797 0 3299797 3474523 0 3474523 24185 3450338 3299797 2896887 0 0 3474523 2896887 0 0 577636 0 0 0 0 0 0 0 0 2722161 0 0 0 Jeffrey David 4048 Dressler Rd NW 200 Canton OH 44718 3304790200 Applications to be requested from individual in 2(a) above. None. Scholarships to qualified high school students in Stark County, Ohio. See General Explanation for Details 4048 Dressler Rd NW 200 Canton OH 44718 Charitable 3151212 3151212 0 14 242 14 1194004 18 903977 18 1355677 Ordinary Income (Loss) from PTP's 900099 -9436 -9436 3453900 0 3444464 0 0 0 0 0 0 0 0 0 0 Accounting Fees 21772 15240 6531 ELECTION UNDER IRC REG. 53.4942(a)-3(d)(2):Pursuant to IRC section 4942(h)(2) and Regulation 53.4942(a)-3(d)(2), The Paul and Carol David Foundation hereby elects to treat $2,463,141 of the current year's qualifying distributions in excess of the immediately preceeding year's undistributed income as being made out of corpus._________________________________ ____________Signature Date Grants & Contributions Paid during the year 990-PF, Part XV, Line 3 The Paul & Carol David Foundation Form 990-PF; XV Line 3 - Grants & Contributions Paid during the year Date Name Amount Community 03/14/2019 Boys & Girls Club of Massillon 90,000.00 03/14/2019 JRC 90,000.00 03/14/2019 Ronald McDonald House 10,000.00 04/16/2019 YMCA of Western Stark County 8,000.00 05/06/2019 Youth Athletic Facilities Booster Club 8,400.00 07/17/2019 Boys & Girls Club of Massillon 7,000.00 08/08/2019 Akron-Canton Regional Food Bank 250,000.00 08/08/2019 Wishes Can Happen 15,000.00 08/08/2019 Meals on Wheels of Stark & Wayne Counties 5,000.00 08/08/2019 Stark County Hunger Task Force 39,600.00 09/10/2019 Boys & Girls Club of Massillon 12,375.00 09/23/2019 Boys & Girls Club of Massillon 3,300.00 10/01/2019 Boys & Girls Club of Massillon 11,375.00 10/02/2019 Massillon Tiger Football Booster Club 151,681.69 10/09/2019 Boys & Girls Club of Massillon 7,500.00 11/20/2019 Boys & Girls Club of Massillon 3,750.00 11/25/2019 Boys & Girls Club of Massillon 20,132.57 12/13/2019 Boys & Girls Club of Massillon 90,000.00 12/13/2019 Legacy Project 24,000.00 12/31/2019 From K-1's 289.00 Total for Community $847,403.26 Education 01/25/2019 Stark Library Foundation 1,000.00 03/14/2019 Arts in Stark 7,500.00 08/07/2019 Stark Education Partnership 15,000.00 09/04/2019 Stark Education Partnership 2,500.00 12/13/2019 Stark State College 10,000.00 12/13/2019 Early Childhood Resource Center 25,000.00 12/19/2019 Stark Education Partnership 8,307.93 12/19/2019 Stark Education Partnership 4,250.00 Total for Education $73,557.93 Health 01/25/2019 world elite 750.00 03/29/2019 Quota International 2,000.00 12/10/2019 Stark Community Foundation 900,000.00 12/13/2019 Children's Hospital Center of Akron 2,000.00 12/31/2019 Accrual to cash adjustment 0.00 Total for Health $904,750.00 Religious 03/29/2019 St. Joseph's Church 3,200.00 03/29/2019 St. Joseph's Church 800.00 05/24/2019 St. Joseph's Church 800.00 05/24/2019 St. Joseph's Church 800.00 08/23/2019 St. Joseph's Church 1,600.00 10/14/2019 Diocese of Youngstown 1,500.00 10/21/2019 St. Joseph's Church 800.00 11/04/2019 St. Joseph's Church 12,149.74 11/18/2019 St. Joseph's Church 800.00 12/13/2019 St. Vincent de Paul Society 10,000.00 12/17/2019 St. Joseph's Church 800.00 12/17/2019 St. Joseph's Church 5,000.00 Total for Religious $38,249.74 Scholarships 01/04/2019 Kent State University 7,000.00 01/04/2019 Ohio State University 3,500.00 01/11/2019 Kent State University 5,945.75 01/11/2019 University of Akron 3,500.00 01/11/2019 Ohio Northern University 3,500.00 01/21/2019 University of Toledo 3,500.00 01/25/2019 University of Akron 3,500.00 01/25/2019 Stark State College 1,292.00 01/30/2019 Walsh University 5,562.00 02/22/2019 Various Colleges -10,500.00 03/11/2019 Purdue -3,500.00 03/20/2019 University of Akron -16,703.22 04/16/2019 Various Colleges -7,000.00 04/23/2019 University of Akron 3,500.00 04/23/2019 Bowling Green State University 3,500.00 05/13/2019 Walsh University 2,500.00 05/20/2019 University of Akron 3,500.00 05/31/2019 University of Akron -582.08 06/07/2019 Stark State College 2,819.82 07/26/2019 West Virginia University 7,000.00 07/26/2019 Arizona State University 7,000.00 07/26/2019 Ashland University 14,000.00 07/26/2019 Baldwin Wallace University 10,500.00 07/26/2019 Bowling Green State University 70,000.00 07/26/2019 Calvin University 7,000.00 07/26/2019 Capital University 7,000.00 07/26/2019 Case Western Reserve University 28,000.00 07/26/2019 Cedarville University 7,000.00 07/26/2019 Chatham University 7,000.00 07/26/2019 Cleveland State University 7,000.00 07/26/2019 Coastal Carolina University 7,000.00 07/26/2019 College of Wooster 14,000.00 07/26/2019 Denison University 7,000.00 07/26/2019 Geneva College 14,000.00 07/26/2019 Hiram College 28,000.00 07/26/2019 John Carroll University 21,000.00 07/26/2019 Kent State University 143,500.00 07/26/2019 Malone University 14,000.00 07/26/2019 Marshall University 7,000.00 07/26/2019 Miami University (Ohio) 14,000.00 07/26/2019 Ohio Northern University 7,000.00 07/26/2019 Ohio State University 187,500.00 07/26/2019 Ohio University 77,000.00 07/26/2019 Otterbein University 7,000.00 07/26/2019 Pensacola Christian College 7,000.00 07/26/2019 Rhode Island School of Design 7,000.00 07/26/2019 Slippery Rock University 7,000.00 07/26/2019 Spring Arbor University 7,000.00 07/26/2019 UNC School of the Arts 7,000.00 07/26/2019 University of Akron 144,500.00 07/26/2019 University of Alabama 7,000.00 07/26/2019 University of Cincinnati 21,000.00 07/26/2019 University of Dayton 7,000.00 07/26/2019 University of Findlay 3,500.00 07/26/2019 University of Michigan 7,000.00 07/26/2019 University of Mount Union 84,000.00 07/26/2019 University of Oklahoma-Norman Campus 7,000.00 07/26/2019 University of Rochester 7,000.00 07/26/2019 University of Toledo 14,000.00 07/26/2019 University of Virginia 7,000.00 07/26/2019 Walsh University 35,000.00 07/26/2019 Youngstown State University 21,000.00 08/02/2019 Bowling Green State University -3,500.00 08/02/2019 University of Akron 7,000.00 08/02/2019 University of Toledo 3,500.00 08/02/2019 University of Akron 7,000.00 08/02/2019 Kent State University 4,000.00 08/09/2019 Ohio State University 15,194.40 08/09/2019 Stark State College 4,711.90 08/16/2019 Miami University (Ohio) 7,000.00 08/16/2019 University of Cincinnati 7,000.00 08/16/2019 Walsh University 3,500.00 08/16/2019 University of Akron 7,000.00 08/16/2019 Baldwin Wallace University 7,000.00 08/20/2019 Bowling Green State University 7,000.00 08/23/2019 Various Colleges -3,500.00 08/23/2019 Walsh University 3,500.00 08/29/2019 Stark State College 2,893.62 08/30/2019 Cleveland Institute of Art 7,000.00 09/06/2019 Kent State University 7,000.00 09/11/2019 University of Mount Union -7,000.00 09/13/2019 University of Mount Union 7,000.00 09/13/2019 Kent State University 2,714.20 09/16/2019 Ohio State University 1,500.00 09/26/2019 Walsh University 3,500.00 10/07/2019 University of Michigan 7,000.00 10/08/2019 University of Dayton 7,000.00 10/21/2019 George Mason University 7,000.00 10/30/2019 Ohio University 7,000.00 11/06/2019 University of Akron -12,292.00 11/25/2019 Various Colleges -3,500.00 12/20/2019 Kent State University 3,500.00 12/20/2019 University of Findlay 3,500.00 12/20/2019 Walsh University 31,500.00 12/20/2019 Ohio State University 1,194.40 12/31/2019 Accrual to cash adjustment 0.00 Total for Scholarships $1,287,250.79 Total for Charities $3,151,211.72 Fixed Assets Depreciation Detail Form 990-PF, Part II, Line 14 System No. Description Date In Service Method / Conv. Life Cost / Other Basis Sec. 179/ Salvage Basis Beg Accum Depreciation Current Depreciation Total DepreciationF&FOffice Furniture - Ohio Desk1 2/28/2006 SL /FM 5.0000 22,691.78 0.00 0.00 22,691.78 0.00 22,691.78Reception Table & Two Lamps2 7/27/2006 SL /FM 5.0000 439.97 0.00 0.00 439.97 0.00 439.97Glass for convference room table3 12/27/2006 SL /FM 5.0000 1,500.00 0.00 0.00 1,500.00 0.00 1,500.00Kitchen Furniture4 4/1/2006 SL /FM 5.0000 379.98 0.00 0.00 379.98 0.00 379.98Pictures5 7/25/2006 SL /FM 5.0000 2,425.90 0.00 0.00 2,425.90 0.00 2,425.902006 Schalarship Picture & Re-frame6 9/15/2006 SL /FM 5.0000 1,636.00 0.00 0.00 1,636.00 0.00 1,636.00Conference Room Table & JD's Furniture7 6/1/2006 SL /FM 5.0000 3,592.00 0.00 0.00 3,592.00 0.00 3,592.00Reception Area - 4 Chairs8 7/20/2006 SL /FM 5.0000 3,660.00 0.00 0.00 3,660.00 0.00 3,660.00Reception Area - Round Table (2)9 10/6/2006 SL /FM 5.0000 1,482.00 0.00 0.00 1,482.00 0.00 1,482.00Appliances - Home Appliance Co10 4/1/2006 SL /FM 5.0000 2,012.00 0.00 0.00 2,012.00 0.00 2,012.00Carpet for new office buildout12 4/1/2006 SL /FM 7.0000 14,491.83 0.00 0.00 14,491.83 0.00 14,491.83Office Sign13 6/19/2006 SL /FM 5.0000 2,306.24 0.00 0.00 2,306.24 0.00 2,306.24Passage of Time I, II, & III Art Pieces17 5/29/2007 SL /FM 5.0000 4,164.00 0.00 0.00 4,164.00 0.00 4,164.0060" Pioneer Elite Pro-1540HD & installation18 6/14/2007 SL /FM 5.0000 6,590.00 0.00 0.00 6,590.00 0.00 6,590.00Website Redesign (A&G LLC)19 9/16/2009 SL /FM 3.0000 1,950.00 0.00 0.00 1,950.00 0.00 1,950.00Mural20 12/6/2010 SL /FM 7.0000 9,307.50 0.00 0.00 9,307.50 0.00 9,307.50Subtotal: F&F 78,629.20 0.00 0.00 78,629.20 0.00 78,629.20Less dispositions and exchanges: 0.00 0.00 0.00 0.00 0.00 0.00Net for: F&F 78,629.20 0.00 0.00 78,629.20 0.00 78,629.20LIMPOutside Sign11 8/1/2006 SL /FM 15.0000 480.00 0.00 0.00 397.33 32.00 429.33Old World Classics14 8/9/2006 SL /FM 40.0000 5,585.98 0.00 0.00 1,733.99 139.65 1,873.64Schoeppner - Office Buildout15 4/1/2006 SL /FM 40.0000 67,438.61 0.00 0.00 21,496.11 1,685.97 23,182.08Shelves in Utility Room (Schoeppner)16 5/17/2006 SL /FM 40.0000 766.44 0.00 0.00 242.69 19.16 261.85Subtotal: LIMP 74,271.03 0.00 0.00 23,870.12 1,876.78 25,746.90Less dispositions and exchanges: 0.00 0.00 0.00 0.00 0.00 0.00Net for: LIMP 74,271.03 0.00 0.00 23,870.12 1,876.78 25,746.90Subtotal: 152,900.23 0.00 0.00 102,499.32 1,876.78 104,376.10Less dispositions and exchanges: 0.00 0.00 0.00 0.00 0.00 0.00Grand Totals: 152,900.23 0.00 0.00 102,499.32 1,876.78 104,376.10 Equities 355701 482117 Mutual Funds AT COST 42759086 46142092 Legal Fees 6252 1250 0 Alliance Resources LP 27580 0 0 Antero Resource 35484 0 0 BlueKnight Energy Partners LP -20351 0 0 Cedar Fair 46344 52440 83160 Energy Transfer Equity LP -9550 -14541 94301 Enterprise Products Partners LP 17098 18997 123904 EQGP Holdings LP 39750 0 0 EQT Midstream Partners 64453 29016 22433 Regent Street Appraisal Rights Fund 185904 184521 184376 Regent Street Co-Investment Fund 0 725983 698973 Regent Street Energy Opportunities Q, LLC 624132 431838 1759304 Regent Street Energy Opportunities Q-II * 298696 287396 434434 Regent Street Global Private Equity WP, LLC 569686 734360 952282 Regent Street Growth Equity Fund 458625 821735 1020054 Regent Street Healthcare Fund R 0 667081 708587 Regent Street Middle Market Buyout Fund G 378287 516549 540994 Regent Street Opportunistic Real Estate, LLC 834227 676246 885284 Regent Street Power Fund 1912 214540 222005 Regent Street Real Estate Fund S 0 7279 8777 Regent Street Secondary Fund G 0 323122 396681 Regent Street Secondary Institutional Fund 1379252 1390781 1212491 Regent Street Secondary RV-II 415740 804790 945057 Regent Street Special Situations 625330 604262 754096 Riverside Capital Appreciation Fund 376425 303595 226558 Savile Row Ab Multi-Strategy Institutional, LLC 72656 68624 20305 Savile Row Financials Hedged 1851563 1753625 1508860 Savile Row Frontier Opportunities T, LLC 1335391 0 0 Savile Row Heathcare Hedged Equity 2882988 1230306 1191657 Savile Row Life Settlement Fund * 1647335 1653265 1879928 Savile Row Managed Futures T, LLC 1381377 1446438 1558622 Savile Row Opportunistic Credit Fund 0 1009204 1000000 Savile Row Specialty Finance Fund VP 1892956 1837063 1845307 Shell Midstream Partners 0 57252 64672 Western Gas Equity Partners LP 55326 91708 129954 Western Gas Partners LP -7685 0 0 Patroit Software 300000 300000 300000 Non-Deductible Expenses from PTP's 2938 Advertising 3200 0 3200 David Scholar Dinner 10731 0 10731 Insurance 16345 16345 0 Investment Expenses - K-1 63150 63150 0 Investment Management Fees 241290 241290 0 Payroll Service Fees 2083 521 0 Telephone 2428 607 1214 Other Expenses - K-1 531643 531643 0 Employee Costs 195 0 195 Office Supplies 553 276 277 Software License Fee 7200 0 7200 Dividends From PTP's 610695 610695 610695 Interest From PTP's 88516 87468 88516 Ordinary Income (Loss) From PTP's 323461 323461 323461 Other Investment Income (Loss) -118695 -118695 -118695 Ordinary Income (Loss) from PTP's -9436 -9436 Professional Fees 4540 1362 1362 Excise 11000 0 0 Foreign Taxes 12395 12395 0 Payroll taxes 18933 5680 11315 State Taxes 200 0 0