2018-07-24T08:17:01-05:00 2016-12-31 341341400 415 Group Inc 4300 Munson Street NW Canton OH 44718 990PF 2016-01-01 341319236 The Paul and Carol David Foundation PAUL 3304790200 4048 Dressler Rd NW 200 Canton OH 44718 Jeffrey David President 3304790200 2018-07-23 1 Kathleen S Krohn CPA P00360247 3304920094 2018-07-24 2016 2022-09-23 18:48:47Z X X 64136288 X 1169920 237 237 1094526 1093960 -689283 19694312 0 14525 118707 1589925 1212904 36000 9000 27000 237864 93783 144081 60316 18095 18095 7536 1507 0 28533 19973 8560 1930 579 579 25968 13752 5150 3206 0 43981 17592 17592 431956 405082 24111 877290 579363 245168 2323276 2323276 3200566 579363 2568444 -1610641 633541 395394 70753 70753 2651984 2213470 2213470 53644 79313 78913 3971916 3441687 3706621 46090615 42542187 41828493 152900 97527 58580 55373 55373 11538196 14746227 16182665 64760329 63149010 64136288 0 0 X 0 0 0 0 64760329 63149010 64760329 63149010 64760329 63149010 64760329 -1610641 0 63149688 678 63149010 Capital Gains/Losses from PTP's P 2016-01-01 2016-12-31 530971 530971 530971 Other Income/Loss P 2016-01-01 2016-12-31 277937 -277937 -277937 Fidelity - Capital Gains P 2016-01-01 2016-12-31 18836269 20105658 -1269389 -1269389 Capital Gains Dividends P 327072 327072 327072 -689283 0 1682365 62706775 0.026829 1769402 63586822 0.027827 1886646 59668528 0.031619 1831313 55414743 0.033047 1843004 54613260 0.033746 0.153068 0.030614 61922926 1895708 6335 1902043 2568444 X 6335 0 6335 0 6335 17120 6335 -10785 X 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 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 2160 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 188033 35625 0 Becky Duplain 4048 Dressler Rd NW 200 Canton OH 44718 Staff 40.00 49831 22531 0 0 Oxford Financial Group 11711 North Meridian St Ste 6 Carmel IN 46032 Investment Fees 225543 0 Granting scholarships to qualified high school students in Stark County. 1204417 Grants to local school districts and universities for operational expenses and educational programs. 507668 Support of local charitable organizations for development and maintenance of after-school projects and community development. 411892 Grants to local non-profit health organizations to assist in research and to assist with under or uninsured population for healthcare. 159200 0 62576172 289743 0 62865915 0 0 62865915 942989 61922926 3096146 3096146 6335 6335 3089811 0 3089811 0 3089811 2568444 0 2568444 6335 2562109 3089811 2463141 0 0 2568444 2463141 0 0 105303 0 0 0 0 0 0 0 0 2984508 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 2323276 2323276 0 14 237 14 1094526 18 118709 18 -689283 Ordinary Loss from PTP's 900099 -104184 -104184 524189 0 420005 0 0 0 0 0 0 0 0 0 0 X X 1 Paul David Charitable Lead Trust #1 4048 Dressler Rd NW 200 Canton OH 44718 466464 X 2 Paul David Charitable Lead Trust #2 4048 Dressler Rd NW 200 Canton OH 44718 703456 X Accounting Fees 28533 19973 8560 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 Date Name Amount Community 01/01/2016 Boys & Girls Club of Massillon 75,000.00 01/01/2016 Hammer & Nails, Inc. 1,409.70 01/07/2016 The Patriot Project 5,000.00 03/01/2016 JRC (5,659.66) 03/16/2016 Siffrin Residential Association 2,000.00 06/01/2016 Stark Development Board 5,000.00 07/25/2016 Beyond the Game 5,000.00 08/17/2016 Wilderness Center 1,000.00 08/17/2016 A Community Christmas 5,000.00 08/17/2016 Adaptive Sports Program of Ohio 40,000.00 08/17/2016 YMCA of Western Stark County 25,000.00 08/17/2016 Alliance Habitat for Humanity 10,000.00 08/30/2016 Wishes Can Happen 15,000.00 08/30/2016 Akron-Canton Regional Food Bank 20,000.00 08/30/2016 Alliance for Children and Families, Inc. 35,000.00 11/11/2016 Boys & Girls Club of Massillon 90,000.00 11/16/2016 Stark County Hunger Task Force 23,100.00 11/21/2016 Habitat for Humanity - Stark & Carroll 60,000.00 12/31/2016 From K-1's 42.00 Total Community 411,892.04 Education 01/01/2016 Early Childhood Resource Center 50,000.00 01/01/2016 Massillon Museum 50,000.00 01/01/2016 Early Childhood Resource Center 50,000.00 01/01/2016 Early Childhood Resource Center 50,000.00 01/01/2016 Massillon Museum 50,000.00 01/01/2016 Massillon Museum 50,000.00 01/01/2016 Stark County District Library 50,000.00 03/16/2016 Ohio Outdoor Historical Drama Association 2,500.00 03/16/2016 Arts in Stark 7,500.00 05/03/2016 Walsh University 132,500.00 08/30/2016 Friends of Massillon Public Library 7,000.00 09/14/2016 Walsh University 5,767.50 11/16/2016 TomTod Ideas 2,400.00 Total Education 507,667.50 Health 08/17/2016 Mercy Service Leage, Mercy Medical Center 10,000.00 08/17/2016 Less: FMV of goods/services received -800.00 12/28/2016 CommQuest Recover Services 150,000.00 Total Health 159,200.00 Religious 01/01/2016 St. Joseph's Church 800.00 02/01/2016 St. Joseph's Church 800.00 02/18/2016 Diocese of Youngstown 2,500.00 03/01/2016 St. Joseph's Church 800.00 04/01/2016 St. Joseph's Church 800.00 05/01/2016 St. Joseph's Church 800.00 06/01/2016 St. Joseph's Church 800.00 07/01/2016 St. Joseph's Church 800.00 08/01/2016 St. Joseph's Church 800.00 09/01/2016 St. Joseph's Church 800.00 10/01/2016 St. Joseph's Church 800.00 11/01/2016 St. Joseph's Church 800.00 11/01/2016 St. Vincent de Paul Society 25,000.00 12/01/2016 St. Joseph's Church 800.00 12/13/2016 St. Joseph's Church 3,000.00 Total Religious 40,100.00 Scholarships 01/01/2016 Kent State University 2,750.00 01/01/2016 Malone University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Toledo 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Dayton 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Rensselaer Polytechnic Institute 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Ohio University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Case Western Reserve University 2,750.00 01/01/2016 Columbus College of Art & Design 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Malone University 2,750.00 01/01/2016 Ohio University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Richmond 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Ohio University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Miami University (Ohio) 2,750.00 01/01/2016 University of Toledo 2,750.00 01/01/2016 Malone University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 University of Mount Union 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Liberty University 2,750.00 01/01/2016 College of Wooster 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Clarion University of Pennsylvania 2,750.00 01/01/2016 Ohio Northern University 2,750.00 01/01/2016 University of Mount Union 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Walsh University 2,750.00 01/01/2016 Malone University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Cincinnati 2,750.00 01/01/2016 Bowling Green State University 2,750.00 01/01/2016 Capital University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Malone University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 University of South Carolina 2,750.00 01/01/2016 University of Mount Union 2,750.00 01/01/2016 University of Mount Union 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 University of Mount Union 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 University of Southern California 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Tufts University 2,750.00 01/01/2016 University of Cincinnati 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Taylor University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 University of Mount Union 2,750.00 01/01/2016 University of Mount Union 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Walsh University 2,750.00 01/01/2016 West Virginia University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Walsh University 2,750.00 01/01/2016 Mount Vernon Nazarene University 2,750.00 01/01/2016 Valparaiso University 2,750.00 01/01/2016 Hiram College 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Rutgers, The State University of NJ 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Ohio University 2,750.00 01/01/2016 Malone University 2,750.00 01/01/2016 Cedarville University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Ohio University 2,750.00 01/01/2016 Bowling Green State University 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Ohio University 2,750.00 01/01/2016 Walsh University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Portland State University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Ohio Northern University 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 University of Akron 2,750.00 01/01/2016 Grove City College 2,750.00 01/01/2016 Ohio State University 2,750.00 01/01/2016 Kent State University 2,750.00 01/01/2016 Johnson & Wales University 3,666.67 01/01/2016 Ohio State University 5,500.00 01/06/2016 Case Western Reserve University 2,750.00 01/06/2016 Capital University 2,750.00 01/06/2016 University of Mount Union 2,750.00 01/06/2016 Case Western Reserve University 2,750.00 01/06/2016 College of Wooster 2,750.00 01/21/2016 Malone University 2,750.00 01/26/2016 Walsh University 2,750.00 02/01/2016 Liberty University 2,750.00 04/06/2016 Ohio University -2,750.00 04/06/2016 Paige Parsons -2,750.00 07/05/2016 Hiram College 10,500.00 07/05/2016 College of Wooster 3,500.00 07/05/2016 West Virginia University 2,750.00 07/13/2016 Bowling Green State University 28,000.00 07/13/2016 Aultman College of Nursing & Health Sciences 3,500.00 07/14/2016 Case Western Reserve University 17,500.00 07/14/2016 Capital University 10,500.00 07/20/2016 Hiram College 2,750.00 07/25/2016 Liberty University 3,500.00 07/25/2016 Coastal Carolina University 3,500.00 07/25/2016 Geneva College 3,500.00 07/25/2016 Miami University (Ohio) 3,500.00 07/25/2016 Harding University 3,500.00 07/25/2016 Mount Vernon Nazarene University 3,500.00 07/25/2016 Muskingum University 3,500.00 07/25/2016 George Mason University 3,500.00 07/25/2016 Franciscan University of Steubenville 3,500.00 07/25/2016 John Carroll University 7,000.00 07/25/2016 Hillsdale College 3,500.00 07/26/2016 Ohio State University 2,750.00 07/26/2016 Capital University 3,500.00 07/27/2016 Rutgers, The State University of NJ 3,500.00 07/27/2016 Rensselaer Polytechnic Institute 3,500.00 07/27/2016 Grove City College 3,500.00 07/27/2016 University of Michigan 3,500.00 07/27/2016 Ohio State University 0.00 07/27/2016 University of Southern California 3,500.00 07/27/2016 Wright State University 3,500.00 07/27/2016 University of South Florida 3,500.00 07/27/2016 Youngstown State University 7,000.00 07/27/2016 University of Dayton 7,000.00 07/27/2016 University of Akron 59,500.00 07/27/2016 University of Cincinnati 10,500.00 07/28/2016 Ohio State University 45,500.00 08/01/2016 Johnson & Wales University 3,500.00 08/01/2016 Ashland University 3,500.00 08/02/2016 University of Findlay 10,500.00 08/02/2016 Ohio Northern University 10,500.00 08/02/2016 Ohio University 14,000.00 08/02/2016 Baldwin Wallace University 7,000.00 08/02/2016 Taylor University 3,500.00 08/02/2016 University of Mount Union 21,000.00 08/02/2016 Kent State University 59,500.00 08/02/2016 Walsh University 56,000.00 08/02/2016 Malone University 45,500.00 08/03/2016 University of Mount Union 3,500.00 08/03/2016 University of Toledo 3,500.00 08/03/2016 Valparaiso University 3,500.00 08/03/2016 University of Oklahoma 3,500.00 08/03/2016 University of Rochester 3,500.00 08/04/2016 Eastern Kentucky University 3,500.00 08/04/2016 Ohio State University 7,000.00 08/04/2016 Kent State University 3,500.00 08/09/2016 Ohio University 7,000.00 08/09/2016 Purdue University 3,500.00 08/09/2016 Ohio State University 7,000.00 08/09/2016 Cedarville University 10,500.00 08/18/2016 Kent State University 3,500.00 08/18/2016 Ohio University 3,500.00 08/18/2016 Ohio Northern University 3,500.00 08/18/2016 Baldwin Wallace University 3,500.00 08/18/2016 University of Toledo 3,500.00 08/18/2016 Ohio State University 3,500.00 08/18/2016 University of Akron 3,500.00 08/23/2016 University of Akron 3,500.00 08/23/2016 Kent State University 3,500.00 08/23/2016 Ohio Northern University 3,500.00 09/01/2016 Kent State University 3,500.00 09/01/2016 Denison University 3,500.00 09/01/2016 Malone University 3,500.00 09/01/2016 University of Findlay 3,500.00 09/07/2016 Walsh University 3,500.00 09/20/2016 Walsh University 3,500.00 09/27/2016 University of Mount Union 3,500.00 10/03/2016 University of Mount Union 3,500.00 11/29/2016 Walsh University 3,500.00 12/21/2016 University of Cincinnati 3,500.00 12/21/2016 University of Dayton 3,500.00 12/21/2016 John Carroll University 3,500.00 12/21/2016 Ashland University 3,500.00 12/21/2016 Aultman College of Nursing & Health Sciences 3,500.00 12/21/2016 University of Findlay 3,500.00 12/21/2016 Walsh University 24,500.00 12/21/2016 Miami University (Ohio) 3,500.00 12/21/2016 Denison University 3,500.00 12/21/2016 Capital University 7,000.00 12/21/2016 Baldwin Wallace University 7,000.00 12/21/2016 University of Mount Union 7,000.00 12/21/2016 Ohio State University 14,000.00 12/21/2016 Wright State University 3,500.00 12/28/2016 Ohio Northern University 3,500.00 12/28/2016 Portland State University 3,500.00 12/28/2016 University of Michigan 3,500.00 12/28/2016 Purdue University 3,500.00 12/28/2016 University of Toledo 3,500.00 12/28/2016 University of Dayton 3,500.00 12/28/2016 Ohio University 7,000.00 12/28/2016 Walsh University 7,000.00 12/28/2016 University of Mount Union 7,000.00 12/28/2016 University of Findlay 7,000.00 12/28/2016 Youngstown State University 7,000.00 12/28/2016 Case Western Reserve University 10,500.00 12/28/2016 University of Akron 10,500.00 12/28/2016 Bowling Green State University 14,000.00 12/28/2016 Ohio State University 21,000.00 12/28/2016 Kent State University 31,500.00 12/31/2016 Malone University 2,750.00 12/31/2016 Accrual to cash adjustment -2,750.00 Total Scholarships 1,204,416.67 Total Charities 2,323,276.21 Fixed Assets Depreciation Detail Form 990-PF, Part II, Line 14 Asset ID - PIS - Meth/Conv/Life - Cost - Accum Depr - Current Depr - Net Add/Disp - Ending Accum Depr Class: F&F 000050 04/01/2006 SLFM5 380 380 0 0 380 000030 07/27/2006 SLFM5 440 440 0 0 440 000100 10/06/2006 SLFM5 1,482 1,482 0 0 1,482 000040 12/27/2006 SLFM5 1,500 1,500 0 0 1,500 000070 09/15/2006 SLFM5 1,636 1,636 0 0 1,636 000200 09/16/2009 SLFM3 1,950 1,950 0 0 1,950 000110 04/01/2006 SLFM5 2,012 2,012 0 0 2,012 000140 06/19/2006 SLFM5 2,306 2,306 0 0 2,306 000060 07/25/2006 SLFM5 2,426 2,426 0 0 2,426 000080 06/01/2006 SLFM5 3,592 3,592 0 0 3,592 000090 07/20/2006 SLFM5 3,660 3,660 0 0 3,660 000180 05/29/2007 SLFM5 4,164 4,164 0 0 4,164 000190 06/14/2007 SLFM5 6,590 6,590 0 0 6,590 000230 12/06/2010 SLFM7 9,308 6,759 1,330 0 8,089 000130 04/01/2006 SLFM7 14,492 14,492 0 0 14,492 000020 02/28/2006 SLFM5 22,692 22,692 0 0 22,692 Subtotal: F&F (16) 78,629 76,081 1,330 0 77,410 Class: LIMP 000120 08/01/2006 SLFM15 480 301 32 0 333 000170 05/17/2006 SLFM40 766 185 19 0 204 000150 08/09/2006 SLFM40 5,586 1,315 140 0 1,455 000160 04/01/2006 SLFM40 67,439 16,348 1,686 0 18,124 Subtotal: LIMP (4) 74,271 18,240 1,877 0 20,117 Grand Total 152,900 94,320 3,206 0 97,527 Note: There may be differences due to rounding. Explanation of Amended Return Section G The Foundation is amending its 2016 form 990-PF to report changes to Parts X, XI and XIII due to a revised calculation of the average monthly fair market value of securities. It was recently discovered that the calculation used for the original return did not include a holding account at the investment brokerage company.No excise tax is affected by this change. However, the distributable amount calculated for the 2016 tax year was increased by $22,459. Equities 3441687 3706621 0 0 79313 78913 Mutual Funds AT COST 42542187 41828493 Legal Fees 7536 1507 0 Alliance Holdings GP LP 40628 37607 36530 American Midstream Partners LP 22528 0 0 BlueKnight Energy Partners - Preferred 29909 29909 36340 BlueKnight Energy Partners LP -9345 -17044 23290 Cedar Fair 41897 36093 51360 Crestwood Equity Partners LP 81358 0 0 Energy Transfer Equity LP 12658 15614 144825 Energy Transfer Partners LP 29960 17079 73840 Enterprise Products Partners LP 16024 9761 81120 Riverside Capital Appreciation Fund 556183 494922 497367 Savile Row Ab Multi-Strategy Institutional, LLC 2663408 233542 185740 Savile Row Diversified Hedge E Institutional, LLC 2526082 0 263258 Savile Row Energy Opportunities Q, LLC 298567 473153 758282 Savile Row Financials Hedged 0 1850000 1850000 Savile Row Frontier Opportunities T, LLC 1626511 1645351 1636852 Savile Row Managed Futures T, LLC 2805527 2493844 2545099 Southcross Energy Partners LP 7435 0 0 Spectra Energy Partners LP 8305 5181 36672 Suburban Propane Partners LP 47657 0 0 Teekay LNG Parners LP 59930 56136 25288 Western Gas Partners LP 1574 -2450 73450 Savile Row Global Equity WP, LLC 39998 155458 158905 Savile Row Opportunistic Real Estate, LLC 631402 924370 1082940 Antero Midstream Partners LP 0 25481 33968 DCP Midstream Partners LP 0 27485 31664 Savile Row Healthcare Hedged Equity Institutional Fund, LLC 0 2653976 2781703 Savile Row SP Hedged Equity 0 1852267 1906945 Regent Street Secondary Institutional Fund 0 811093 879182 Regent Street Special Situations 0 246951 296363 EQT GP Holdings LP 0 26671 27101 EQT Midstream Partners LP 0 42870 51759 Nustar Energy LP 0 30170 36105 Western Gas Equity Partners LP 0 30702 37056 Savile Row Specialty Finance Fund 0 540035 539661 Non-Deductible Expenses from PTP's 678 Advertising 5968 0 5968 David Scholar Dinner 8225 0 8225 Insurance 6325 6325 0 Investment Expenses - K-1 21548 21548 0 Investment Management Fees 231569 231569 0 Payroll Service Fees 1930 483 0 Telephone 1930 483 965 Office Supplies 406 203 203 Other Expenses - K-1 144471 144471 0 Software License Fee 8750 0 8750 FMV of good/services received for contributions 800 0 0 Bank Fees 34 0 0 Dividends From PTP's 1977 1977 1977 Interest From PTP's 19085 19083 19085 Ordinary Income (Loss) From PTP's 97647 97647 97647 Ordinary Loss from PTP's -104184 -104184 Professional Fees 1930 579 579 State Taxes 200 0 0 Foreign Taxes 8602 8602 0 Payroll taxes 17166 5150 5150