FILED PURSUANT TO NOTICE 2004-05
EXTENDED TO NOVEMBER16, 2015
Return of Private Foundation

..
Form.990-PF
Department 01 the Treasury
Internal R~venue Service

Forcalendaryear2014or taxyearbeginning

A Employer
identification
number

THE SEARLE FREEDOMTRUST
C/0 KINSHIP TRUST COMPANY
225 W WASHINGTONST,

36-7244615

I

Number and street (or P O box number if mail 1s not delivered to street address)

Room/suite

B Telephone
number

28TH FLOOR

312-803-6700

Cityor town,stateor province,country,andZIPor foreignpostalcode

C

60606
LJ lmt1alreturn

LJ lmbalreturnof a formerpubliccharity
D
Fmalreturn
D
Amendedreturn
D
Addresschange
D
Namechange
H Checktypeof orgamzatmn: LXJSection501(c)(3)exemptprivatefoundation
D
Section4947(a)(1)nonexemptcharitabletrust D
Othertaxableprivatefoundation
I Fairmarketvalueof all assetsat endof year J Accountingmethod: LXJCash
LJ Accrual
(from Part II, col (c), line 16)
D
Other(specify)
(Part I, column (d) must be on cash basts)
.....$
149,775,265.
Part 11Analysisof Revenueand Expenses
(a) Revenueand
(b) Netinvestment
(The total of amounts ,n columns (b), (c), and (d) may not
expensesperbooks
income
necessarily equal the amounts m column (a))

G Checkall that apply:

2014

, andending

Nameof foundation

CHICAGO, IL

0MB No 1545-0052

or Section 4947(aK1) Trust Treated as Private Foundation
... Do not enter social security numbers on this form as it may be made pubhc.
... Information about Form 990-PF and its separate instructions is at

I

1 Contributions,gilts, grants,etc.,received
2 Check .....
11
lhelounda~on
1snolrequired
loattach
Sch8

.....
u

If exemption apphcation 1spending, check here

.....
o
2.
.....
o
E If privatefoundabonstatuswasterminated
o
undersection507(b)(1)(A),checkhere .....

D 1 Foreignorganizations,
checkhere

Foreign orgamzabons meeting the 85% test,
check here and attach computat1on

F If thefoundation1sm a 60-monthtermmat1onD
undersection507(b)(1)(B),checkhere ...,.
(d) Disbursements
for charitable purposes
(cash basis only)

(c) Ad1usted
net
income

47,241,181.

N/A

CXJ

3

Interest on savings and temporary
cash investments

4 Dividendsand interestfrom secunt1es
5a Grossrents

b Net rental

b Gross sales price for all

::I

C:

assets on Ima 6a

742,168.
933,340.
-3,340.

Rl=r
I
I
I m I a.1ru1
lcr:il l~U V
I I

3,340.

income or (Joss)

6a Net gain or (loss) from sale of assets

Q)

785,585.
933,340.
-3,340.

not on Ima 10

11,784,593.

12,672,218.

§? 7 Capital gain net income (from Part IV
Q)
a:
8 Netshort-termcapitalgam

10,462,616.

lme 2)

C'

~

n~n~

I

I

9 Incomemod1ficat1ons
returns
1Oa ~~5:ii~:~~:!s

I

=l\ti=n
. -

•

":I:

::;:;I

,...,..._
lUIJ

I IT
: 1\1
. ,

-

.

I i:n I
IO !
I(/)

I

_u

I
I

I

b Less

Cost of goods sold

I

c Grossprofit or (loss)

"'
Ill
Q)

C:
Q)

a.
>(
w
Q)

>

11 Othermcome
12 Total.Add Imes1 through11
13 Compensation of officers, d1ractors trustees, etc
14 Otheremployeesalariesandwages
15 Pensionplans,employeebenefits
16a Legalfees
b Accounbngfees
c Otherprofessionallees
17 Interest
18 Taxes
19 Deprec1at1on
and depletion
20 Occupancy
. .
..
21 Travel,conferences,
and meetings
22 Printingand pubhcatmns
23 Otherexpenses
...
24 Totaloperatingandadministrative
expenses.
Add Imes13 through23
....
25 Contributions,gifts,grantspaid
...
26 Total expensesand disbursements.
Add lines24 and 25
. .. .
...
27 Subtractline26 from lme 12:

..

:;:::
ftl

1ii
·2

·e
"C
c:(
"C
C:
ftl

Cl
C:

ia;

I!:?
Q

a.
0

N

e
C"'l)

>
§E

I
u

~

a Excess of revenue over expenses and disbursements
b Netinvestmentincomer~negat,ve, en1ar-o-1..
c Adjustednet income~1negative enter -0-1..
~~.,~

11

11-24-14

650,145.
61,391,504.
920,135.
256,508.
132,972.
1,535.
11,670.

635,587.
12,770,371.
502,110.

11,670.

0.

730,580.
129,673.
14,139.
259,352.
43,829.

730,580.
48,339.
3,058.

o.
o.

418,025.
256,508.
132,972.
1,535.

o.
o.
0.

259,352.
43,829.

0.

o.

1,500,311.

1,463,254.

125,386.

4,000,704.
15,375,712.

2,759,011.

1,237,607.
15,375,712.

19,376,416.

2,759,011.

16,613,319.

42,015,088.

LHA For PapeiwotkReductionAct Notice,see instructions.

10,011,360.
N/A
Form990-PF (2014)

 ,,.form990-PF12014\

THE SEARLE FREEDOM TRUST
CIO KINSHIP TRUST COMPANY

IPart II IBalance Sheets

Attached
schedules
andamounts
mthedescnpbon
columnshouldbeforend-of-year
amounts
only

1 Cash,-non-interest-bearing
2 Savingsand temporarycashinvestments
3 Accountsreceivable...,.
Less:allowancefor doubtfulaccounts...,.
4 Pledgesreceivable...,.
Less:allowancefor doubtfulaccounts....
5 Grantsreceivable
6 Receivables
duefrom officers,directors,trustees,and other
d1squallf1ed
persons
7 Othernotesandloansreceivable
Less:allowancefor doubtfulaccounts....
8 Inventoriesfor saleor use
9 Prepaidexpensesand deferredcharges
10a Investments- U.S.and stategovernmentobligations
b Investments- corporatestock
c Investments- corporatebonds
-land,bu1ldmgs,
andequipment
basis
11 Investments

36-7244615

Paae2
Endof year
(b) BookValue
(c) FairMarketValue

Beginningof year
(a) BookValue

1,519,917.

3,423,838.

3 423,838.

300.
31,032.

300.

300.

....

II)

Cl)
II)
II)

cc

21,282.

21 282.

....
....

Lessaccumulated
deprec1at1on

12 Investments- mortgageloans
13 Investments- other
and equipment:basis ...,.
14 Land,bu1ld1ngs,

STMT 12
158.034.
Lessaccumulated
deprec1ab0n STMT 11 ....
123,899.
Otherassets( describe...,.
STATEMENT 13)

15
16 Totalassets(to be completedby all fliers - seethe
instructions.Also see oaae1 item I\
17 Accountspayableand accruedexpenses
18 Grantspayable
II)
19 Deferredrevenue
Cl)
20
Loans from officers, directors, trustees, and other d1squahf1ed persons
~
:c
I'll 21 Mortgagesand other notespayable
::i
(describe ...,.
22 Otherllab1l1t1es
STATEMENT

43,040.
124 232.
109

857.783.
141.

14)

23 Totalliabilities/add lines17 throuah22\
Foundations
thatfollowSFAS117, checkhere
andcompletelines24 through26 andlines30 and31.
II)
Cl)
u 24 Unrestricted
C
I'll 25 Temporarilyrestricted
jg
CD 26 Permanentlyrestricted
"'CJ
.... [xJ
C
Foundations
thatdo notfollowSFAS117, checkhere
:,
LI.
andcompletelines27 through31.
0
27 Capitalstock,trust principal,or currentfunds
II)
Cl)
28 Paid-inor capitalsurplus,or land,bldg.,and equipmentfund
II)
II)
cc 29 Retainedearnings,accumulatedincome,endowment,or otherfunds
Cl)
z 30 Total netassetsor fundbalances

....o

-

IPart Ill I Analysis of Changes

151.881

16.026.

25 181.

841.757.

109,841,757.
783.

149.775

948.
141.

265.

o.

0.
0.
109

898,963.
34,135.
396,747.

34,135.
396.747.

25 040.

109.857

31 Total liabilitiesand netassets/fund
balances

145

15,885.

...

-

148,005,646.

108,139,562.

0.
151

856,767.

151 856.767.
151,881

948.

in Net Assets or Fund Balances

1 Totalnet assetsor fund balancesat beginningof year- Part II, column(a), line30
(mustagreewith end-of-yearfigurereportedon prior year'sreturn)
2 Enteramountfrom Part I, line27a
3 Otherincreasesnot includedm line 2 (1tem1ze)
4 Add Imes1, 2, and 3
...,.
5 Decreasesnot included1nlme2 (1tem1ze)

1
2

....

109 841,757.
42,015,088.

3

SEE STATEMENT 10

6 Totalnet assetsor fund balancesat end of vear/line 4 minus lme5) - Part II column/bl. line 30

4
5
6

o.

151 856,845.
78.
856,767.
151
Form990-PF (2014)

423511
11-24-14

2

11101116

796085

367244615

2014.04020

THE SEARLE FREEDOM TRUST C/

36724461

 THE SEARLE FREEDOMTRUST
CIO KINSHIP TRUST COMPANY

Jorm 990-P.F(2014)

IPartlVI

36-7244615

Page3

Capital Gains and Losses for Tax on Investment Income
(b~Howacquired
- Purchase
D - Donation

(a) List and describethe k1nd(s)of property sold (e.g.,realestate,
2-siory brickwarehouse;or commonstock,200 shs. MLCCo.)

(d) Datesold
(mo., day,yr.)

(c~Dateacquired
mo., day,yr.)

1a

SEE ATTACHED STATEMENTS

b
C

d

e
(f) Deprec1at1on
allowed

(e) Grosssalesprice

(or allowable)

(g) Costor otherbasis
plus expenseof sale

(h) Gamor (loss)
(e) plus (f) mmus(g)

a
b
C

d

12,672

e

2,594.

218.

10,462,616.

2,212,196.

Completeonly for assetsshowinggamm column (h) and ownedby the foundationon 12/31/69
(i) F.M.V.as of 12/31/69

(j) Ad1ustedbasis
as of 12/31/69

(I) Gams(Col.(h) gammmus
col. (k), but not lessthan -0-) or
Losses(from col. (h))

(k) Excessof col. (1)
overcol. (J),1fany

a
b
C

d

10 462,616.

e
2 Capitalgamnet incomeor (net capitalloss)

{ If gam,also enter m Part I, lme7
If (loss), enter-0- m Part I, line 7

3 Netshort-termcapitalgamor (loss) as definedm sections1222(5)and (6):
If gam,also enter1nPart I, line 8, column (c).
If llossl. enter -0- m Part I line 8

}

2

}

3

10 462,616.
NIA

I Part V I Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(Foroptionaluse by domesticprivatefoundationssubJectto the section4940(a)tax on net investmentincome.)
If section4940(d)(2)applies,leavethis part blank.

D

Wasthe foundationliablefor the section4942tax on the distributableamountof any year 1nthe base period?
If ''Yes,"the foundationdoesnot qualifyundersection4940(e).Do not completethis part.
1 Enterthe appropriateamountm eachcolumn for eachyear;seethe instructionsbeforemakingany entries.
(a)
(b)
(c)
Baseperiodyears
AdJustedqualifyingd1stribut1ons
Netvalueof noncharitable-use
assets
Calendarvear-(ortax vearbeginningm)

111.214
113,432
127.350
121,715
95.657

15.997
665.
14,876
585.
15.871
361.
15,417,435.
12 329.965.

2013
2012
2011
2010
2009

2 Total of line 1, column(d)
3 Averaged1stnbut1on
ratio for the 5-yearbaseperiod- d1v1de
the total on lme2 by 5, or by the numberof years
the foundationhasbeenm existence1flessthan 5 years

Yes

[xJ

No

(d)
D1stribut1on
ratio
(col. (b) d1v1ded
by col. (c))

.143845
.131149
.124628
.126668
.128897

366.
668.
245.
165.
394.
2

.655187

3

.131037
110

872,549.

4 Enterthe net valueof noncharitable-use
assetsfor 2014 from PartX, line 5

4

5 Multiplylme 4 by line 3

5

6 Enter1% of net investmentincome(1% of Part I, lme27b)

6

7 Add Imes5 and 6

7

14.628

520.

from Part XII, line 4
8 Enterqualifyingd1stnbut1ons

8

16,613

319.

14,528.406.
100

114.

If lme8 1sequalto or greaterthan line 7, checkthe box m PartVI, line 1b,and completethat part usmga 1% tax rate.
Seethe Part VI instructions.
423521

Form 990-PF (2014)

11-24-14

3

11101116

796085

367244615

2014.04020

THE SEARLE FREEDOMTRUST C/

36724461

 form 990-lr'F/2014\

I Part

THE SEARLE FREEDOM TRUST
CIO KINSHIP TRUST COMPANY

36-7244615

Paae4

VI I Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 - see instructions)

D

1a ExemptoperatingJoundallonsdescribedm section4940(d)(2),checkhere ....
and enter"N/A"on lme 1.
Dateof rulmg or determmat1on
letter:
(attachcopyof letter if necessary-see
instructions)
b Domesticfoundationsthat meetthe section4940(e)requirementsm Part V, checkhere .... [xJ and enter 1%
of Part I, line 27b
c All other domesticfoundationsenter 2% of lme27b. Exemptforeignorganizationsenter4% of Part I, lme 12,col. (b).
2 Taxunder section511 (domesticsection4947(a)(1)trusts and taxablefoundationsonly.Othersenter-0-)
3 Add Imes1 and 2
4 SubtitleA (mcome)tax (domesticsection4947(a)(1)trusts and taxablefoundationsonly.Othersenter-0-)
5 Taxbasedon investmentincome.Subtractlme4 from lme3. If zeroor less,enter -06 Credits/Payments:
242.179.
a 2014 estimatedtax paymentsand 2013 overpaymentcreditedto 2014
6a
b Exemptforeignorganizations- tax withheldat source
6b
125,000.
c Taxpaidwith applicallonfor extensionof time to file (Form8868)
6c
d Backupw1thholdmgerroneouslywithheld
6d
7 Totalcreditsand payments.Add Imes6a through 6d
11Form2220 1sattached
8 Enterany penaltyfor underpaymentof estimatedtax. Checkhere
9 Taxdue If the total of Imes5 and 8 1smore than lme7, enter amountowed
10 Overpayment.
If line 7 1smorethan the total of Imes5 and 8, enterthe amountoverpaid
267 0 6 5 . Refunded....
11 Enterthe amountof lme 10to be: Creditedto 2015 estimatedtax ..,.

}

D

I Part

I

VII-A I Statements Regarding Activities

....
....

100.114.

1

0.

2

3

100.114.

4
5

100.114.

o.

367.179.

7
8
9
10
11

267,065

.

o.

Yes No
X
1a
X
1b

1a Duringthe tax year,did the foundationattemptto influenceany national,state,or local leg1slat1on
or did 1tpart1c1pate
or intervene1n
any pol1t1cal
campaign?
b D1d11spendmorethan $100 durmgthe year (eitherdirectlyor indirectly)for politicalpurposes(seemstruct1onsfor the defm1llon)?
If the answer 1s "Yes" to fa or 1b, attach a detailed descnpt1on of the act1v1t1esand copies of any matenals pubhshed or
d1stnbuted by the foundation m connection with the activities.

c Did the foundationIlle Form1120-POLfor this year?
d Enterthe amount(11any) of tax on politicalexpenditures(section4955) imposedduring the year:
0.
(1) Onthe foundation..... $
0. (2) Onfoundationmanagers..... $
e Enterthe reimbursement(11any) paidby the foundationduringthe yearfor pol1t1cal
expendituretax imposedon foundation
..... $
managers
that havenot previouslybeenreportedto the IRS?
2 Hasthe foundatmnengagedmany act1v1t1es
If "Yes," attach a detailed descnpt1on of the act1v1t1es
or
3 Hasthe foundationmadeanychanges,not previouslyreportedto the IRS,1nits governinginstrument,articlesof mcorporat1on,
bylaws,or other s1m1lar
instruments?If "Yes," attach a conformed copy of the changes
4a Did the foundatmnhaveunrelatedbusinessgross mcomeof $1,000 or more durmgthe year?
b If ''Yes,"has 1tfileda tax returnon Form990-T for this year?
termmat1on,
d1ssolut1on,
or substantialcontractiondurmgthe year?
5 Wastherea liqu1dat1on,

1c

X

2

X

o.

X

3
4a
4b

X
X
X

5

If "Yes," attach the statement reqwred by General Instruction T.

either:
6 Are the requirementsof section508(e)(relatingto sections4941 through 4945) sat1sf1ed
• By languagem the governinginstrument,or
that conflictwith the statelaw
• By stateleg1slat1on
that effectivelyamendsthe governinginstrumentso that no mandatoryd1rect1ons
remainm the governinginstrument?
7 Did the foundationhaveat least$5,000 m assetsat any time duringthe year?If "Yes," complete Part II, col (c), and Part XV

6
7

X
X

8b

X

Ba Enterthe statesto which the foundationreports or with which 111s
registered(see1nstruct1ons)...,

FL.IL
b If the answer1s'Yes·to lme7, has the foundatmnfurnisheda copy of Form 990-PFto the AttorneyGeneral(or designate)
of eachstateas requiredby General lnstruct,on G? If "No," attach explanation
statusas a privateoperatingfoundationw1thmthe meaningof section4942(1)(3)or 4942(1)(5)for calendar
9 Is the foundationcla1m1ng
year2014 or the taxableyearbegmnmgm 2014 (seemstruct1onsfor PartXIV)? If "Yes," complete Part XIV
10 Did anv oersonsbecomesubstantialcontributorsdunno the tax vear?If "Yes" attach a schedule llst,nn their names and addresses

9
10

X
X

Form 990-PF (2014)

423531
11-24-14

4

11101116

796085

367244615

2014.04020

THE SEARLE FREEDOM TRUST C/

36724461

 THE SEARLE FREEDOM TRUST
F.<:>rm
990-P.F12014\

CIO

KINSHIP

36-7244615

TRUST COMPANY

I Part VII-A I Statements Regarding Activities

Paae5

(continued)

11 At any time during.theyear,did the foundation,directlyor indirectly,own a controlledentityw1th1n
the meaningof
section5;12(b)(13)?If 'Yes,"attachschedule(see1nstruct1ons)

X

11

12 Didthe foundationmakea d1stribut1on
to a donor advisedfund overwhich the foundationor a d1squalif1ed
personhadadvisoryprivileges?

SEE STATEMENT 15

If "Yes,"attachstatement(see1nstruct1ons)

12
13

13 Didthe foundationcomplywith the public inspectionrequirementsfor its annualreturnsand exemptionapplication?
Websiteaddress~ --=N"-'--'A=-=---------------------------------------14 Thebooksare in care of ~ _J~AM
__ E~S~_D_E_V_I_N~E_______________

Telephoneno.~

X
X

312- 8 0 3 - 6 7 0 0
•"""6""""0--'6--'0~6~--=.,...

Locatedat ~225
W WASHINGTON ST, 28TH FLOOR, CHICAGO, IL
ZIP+4
15 Section4947(a)(1)nonexemptcharitabletrusts f1l1ng
Form990-PF1nlieu of Form 1041- Checkhere
and enterthe amountof tax-exemptinterestreceivedor accruedduring the year
• I 15 I
16 At any time duringcalendaryear2014, did the foundationhavean interest1nor a signatureor otherauthorityovera bank,
securities,or otherfinancialaccountin a foreigncountry?
Seethe instructionsfor exceptionsand filing requirementsfor FinCENForm 114, (formerlyTD F 90-22.1). If 'Yes,"enterthe nameof the

•

D

N/ A
Yes
16

No
X

foreiancountrv •

I Part VII-B I Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
1a Duringthe yeardid the foundation(eitherdirectlyor indirectly):
( 1) Engagein the sale or exchange,or leasingof propertywith a d1squal1fled
person?
Yes
(2) Borrow moneyfrom, lend moneyto, or otherwiseextendcreditto ( or accept1tfrom)
Yes
a d1squalif1ed
person?
(3) Furnishgoods,services,or fac11it1es
to (or acceptthem from) a d1squalif1ed
person?
Yes
(4) Paycompensationto, or pay or reimbursethe expensesof, a d1squalif1ed
person?
[xJ Yes
(5) Transferany incomeor assetsto a d1squalif1ed
person(or makeany of eitheravailable
Yes
for the benefitor use of a d1squalif1ed
person)?
(6) Agreeto pay moneyor propertyto a governmentofficial?(Exception.Check"No"
1fthe foundationagreedto makea grant to or to employthe official for a periodafter
Yes
terminationof governmentservice,1fterminatingwithin 90 days.)
b If any answer1s"Yes"to 1a(1)-(6), did anyof the actsfail to qualifyunder the exceptionsdescribedin Regulations
section53.4941(d)-3or in a current noticeregardingdisasterassistance(seeinstructions)?
relying on a current noticeregardingdisasterassistancecheckhere
Organizations
c Didthe foundationengage1na prior year in any of the acts describedin 1a,otherthan exceptedacts,that werenot corrected
beforethe first dayof the tax year beginning1n2014?
2 Taxeson failureto distributeincome(section4942) (doesnot applyfor yearsthe foundationwas a privateoperatingfoundation
definedin section4942(1)(3)or 4942(1)(5)):
a At the end of taxyear 2014,did the foundationhaveany undistributedincome(lines 6d and 6e, PartXIII) for tax year(s)beginning
before2014?
Yes
, _______
, _______
, ______
_
If 'Yes,"list the years•-------

Yes No

D

[xJ

No

D
D

[xJ
[xJ

D

No
No
No

D

[xJ

No

D

[xJ

No

D

of section4942(a)(2)(relatingto incorrect
b Are thereany yearslisted in 2a for whichthe foundation1snotapplyingthe prov1s1ons
valuationof assets)to the year's undistributedincome?(If applyingsection4942(a)(2)to all yearslisted,answer'No"and attach
statement- see 1nstruct1ons.)
c If the prov1s1ons
of section4942(a)(2)are beingappliedto anyof the years listed 1n2a, list the yearshere.

[xJ

1b

X

1c

X

No

N/A

2b

....________

' --------'
--------'
3a Didthe foundationhold more than a 2% direct or indirectinterestin any businessenterpriseat any time
duringthe year?

D

Yes

[xJ

No

b If "Yes,"did 1thaveexcessbusinessholdingsin 2014 as a result of (1) any purchaseby the foundationor d1squalif1ed
personsafter
undersection4943(c)(7))to dispose
May26, 1969;(2) the lapseof the 5-yearperiod(or longerperiodapprovedby the Comm1ss1oner
of holdingsacquiredby gift or bequest;or (3) the lapseof the 10-, 15-, or 20-yearfirst phaseholding period?(Use Schedule C,
Form 4 720, to determine ,f the foundation had excess business holdings in 2014.)

N/ A

4a Didthe foundationinvestduring the yearany amountin a mannerthat would Jeopardize
its charitablepurposes?
its charitablepurposethat
b Didthe foundationmakeany investment1na prior year(but after December31, 1969)that could 1eopard1ze
had not beenremovedfrom 1eooardvbeforethe first dav of the tax vear beoinnino1n2014?

3b
4a

X
4b
Form 990-PF (2014)

423541
11-24-14

11101116

796085

367244615

2014.04020

X

5
THE SEARLE FREEDOM TRUST C/

36724461

 Form990-PFl2014\

THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY

36-7244615

LPart VIJ-B I Statements Regarding Activities for Which Form 4720 May Be Required
5a Duringtheyeardid the foundationpay or incur anyamountto:
(1) Carryon propj:!ganda,
or otherwiseattemptto influenceleg1slat1on
(section4945(e))?
(2) Influencethe outcomeof any spec1f1c
publicelection(seesection4955); or to carry on, directlyor indirectly,
anyvoterreg1strat1on
drive?
(3) Providea grant to an ind1v1dual
for travel,study,or othersimilar purposes?

Paoe6

(continued)

D

Yes

CxJNo

D
D

Yes
Yes

CxJNo
CxJNo

(4) Providea grant to an organizationotherthana charitable,etc., organizationdescribedin section
4945(d)(4)(A)?(seeinstructmns)
[x] Yes
(5) Providefor any purposeotherthan religious,charitable,scient1f1c,
literary,or educationalpurposes,or for
Yes
the preventionof crueltyto childrenor animals?
b If any answer1s''Yes"to 5a(1)-(5),did anyof the transactionsfail to qualifyunderthe exceptionsdescribed1nRegulations
section53.4945or in a current noticeregardingdisasterassistance(seeinstructions)?
relyingon a currentnoticeregardingdisasterassistancecheckhere
Organizations
c If the answer1s''Yes"to question5a(4),doesthe foundationclaimexemptionfrom the tax because11maintained
expenditurerespons1b11ity
for the grant?
[x] Yes

D

D

No

[x]

No

D

5b

X

6b

X

No

If "Yes," attach the statement required by Regulations section 53 4945-S(d)

6a Didthe foundation,dunngthe year,receiveany funds,directlyor indirectly,to paypremiumson
a personalbenefitcontract?

D

Yes

CxJNo

b Didthe foundation,dunngthe year,paypremiums,directlyor 1nd1rectly,
on a personalbenefitcontract?
If "Yes" to 6b, ftle Form 8870

7a At any timeduring the tax year,wasthe foundationa party to a proh1b1ted
tax sheltertransaction?
b If ''Yes"did the foundationreceiveanv oroceedsor haveanv net incomeattributableto the transaction?

D

Yes

CxJNo
NIA

7b

I Part VIII I lnf~rmation About Officers, Directors, Trustees, Foundation Managers, Highly
Paid Employees, and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation.
(b) Title,and average
hours per weekdevoted
to pos1t1on

(a) Nameand address

SEE STATEMENT 16

to
(c) Compensation (d) Contnbut,ons
empoyeebenefitplans
(If notpai1,
anddeferred

enter-0-

920,135.

compensat,on

30,244.

23.026.

2 Compensation of five highest-paid employees (other than those included on line 1) If none enter "NONE."
'
(d) ContnbuUOns
to
(b) Title,and average
empoyeebenefitplans
(a) Nameand addressof eachemployeepaidmorethan $50,000
hoursper week
(c) Compensation
anddeferred

devotedto pos1t1on

RICHARD J. TREN - 1055 THOMAS
NW. SUITE L 26,
JEFFERSON ST.
COURTNEY E. MYERS - 1055 THOMAS
NW. SUITE L 26,
JEFFERSON ST.

PROGRAMOFFIC ER
132.000.
40.00
PROGRAMOFFIC ER
81.663.
40.00

compensauon

(e) Exr,ense
accoun , other
allowances

(e) Exr,ense
accoun, other
allowances

14.020.

9,803.

6.542.

2.338.

~I

Total numberof other emoloveesoa1dover$50 000

0

Form990-PF (2014)

423551
11-24-14

6

11101116

796085

367244615

2014.04020

THE SEARLE FREEDOM TRUST C/

36724461

 -----

,
torm990-~F 2014

Part VIII

THE SEARLE FREEDOMTRUST
C O KINSHIP TRUST COMPANY

----

36-7244615

Pa e 7

Information About Officers, Directors, Trustees, Foundation Managers, Highly
Paid Employees, and Contractors (continued)

3 Five high~st-paid independent contractors for professional services. If none, enter "NONE."
(a) Nameand addressof eachpersonpaid morethan$50,000

(b) Typeof service

(c) Compensation

GERARD ALEXANDER - 1055 THOMASJEFFERSON ST. , GRANTS IN HIGHER
SUITE L 26, WASHINGTON, DC 20
E:DUCATION

54,406.

NW

....

Total numberof others rece1vmo
over$50 000 for orofess1onal
services

I Part

IX-A

I

List the foundation'sfour largestdirectcharitableact1v1t1es
during the tax year.Includerelevantstat1st1cal
informationsuch as the
served,conferencesconvened,researchpapersproduced,etc.
numberof organizationsand other benef1c1aries
1

0

Summary of Direct Charitable Activities
Expenses

N/A

2

3

4

I Part IX-BI Summary of Program-Related Investments
Amount

Describethe two largestprogram-relatedinvestmentsmadeby the foundationduring the tax yearon lines1 and 2.
1

NIA

2

All otherprogram-relatedinvestments.Seeinstructions.
3

....

Total. Add lines 1 throuah 3

0.
Form990-PF (2014)

423561
11-24-14

7

11101116

796085

367244615

2014.04020

THE SEARLE FREEDOM TRUST C/ 36724461

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

.

form 990-RF 2014

Part X

--

THE SEARLE FREEDOMTRUST
CO KINSHIP TRUST COMPANY

36-7244615

Page8

Minimum Investment Return (All domestic foundations must complete this part Foreign foundations, see 1nstruct1ons)

1

Fairmarkelvalueof assetsnot used(or heldfor use)directly m carryingout charitable,etc.,purposes:
Averagemonthlyfair marketvalueof securities
1a
Averageof monthlycashbalances
1b
Fairmarketvalueof all otherassets
1c
Total(add Imes1a,b, and c)
1d
Reductionclaimedtor blockageor other factors reportedon Imes1aand
1c(attachdetailedexplanation)
0.
1e
2 Acqu1s1t1on
indebtednessapplicableto line 1 assets
2
3 Subtractlme2 from lme 1d
3
4 Cashdeemedheldtor charitableact1v1t1es.
Enter 1 1/2% of line 3 (for greateramount,see instructions)
4
5 Netvalue of noncharitable-use
assets.Subtractline4 from line 3. Enterhereand on PartV, line 4
5
6 Minimuminvestmentreturn Enter5% of line 5
6
I Part XI I Distributable Amount (see 1nstruct1ons)(Section4942(1)(3)and (J)(5)privateoperatingfoundationsandcertain
foreignorgamzatmnscheckhere ~
and do not completethis part.)
a
b
c
d
e

I

2,455.995.
5.351,611.
104.753.357.
112.560,963.

I

o.
112.560.963.
1.688.414.
110.872.549.
5.543.627.

D

1
2a
b
c
3

4

5
6

7

Minimuminvestmentreturnfrom Part X, line 6
] 2a ]
Taxon investmentincometor 2014 from PartVI, line 5
Incometax for 2014. (Thisdoesnot includethe tax from PartVI.)
I 2b I
Add Imes2a and 2b
DistributableamountbeforeadJustments.
Subtractlme2c from line 1
Recoveriesof amountstreatedas qualifyingd1stribut1ons
AddImes3 and 4
Deductionfrom distributableamount(see1nstruct1ons)
Distributable
amountas ad1usted.
Subtractline 6 from lme 5. Enterhereand on PartXIII lme 1

I Part

XII

I Quahfymg

1

5.543.627.

2c
3
4

161.808.
5.381,819.

5

5.381.819.

6
7

5 381

100,114.
61 694.

o.
o.

819.

D1stnbut1ons(see instructions)

1

Amountspaid (mcludmgadmm1strat1ve
expenses)to accomplishcharitable,etc., purposes:
a Expenses,contributions,gifts, etc. - total from Part I, column (d), lme26
16.613.319.
1a
b Program-relatedinvestments- total from Part IX-B
1b
2 Amountspaidto acquireassetsused(or heldtor use)directlym carryingout charitable,etc.,purposes
2
3 Amountsset asidetor spec1f1c
charitableproJectsthat satisfythe:
a Su1tab1hty
test (prior IRSapprovalrequired)
3a
test (attachthe requiredschedule)
b Cashd1stribut1on
3b
4 Qualifyingdistributions.
Add Imes1athrough 3b. Enterhereand on PartV, lme8, and PartXIII, line 4
4
16 613.319.
5 Foundationsthat qualityundersection4940(e)for the reducedrate of tax on net investment
income.Enter 1% of Part I, lme27b
100.114.
5
6 Adjustedqualifyingdistributions.
Subtractlme 5 from line 4
6
16 513.205.
Note. The amounton line6 will be used m Part V, column(b), m subsequentyearswhen calculatingwhetherthe foundationqualifiesfor the section
4940(e) reductionof tax 1nthose years.

o.

Form990-PF (2014)

423571
11-24-14

8

11101116

796085

367244615

2014.04020

THE SEARLE FREEDOM TRUST C/ 36724461

 .

THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY

form 990-f;JF
(2014)

IPart XIII

36-7244615

I Undistributed Income (see 1nstruct1ons)
(a)
Corpus

(c)
2013

(b)
Yearspriorto 2013

1 Distributableamountfor 2014 from PartXI,
line 7
2 Und1stnbuted income, 11any, as of the end ol 2014
a Enteramountfor 2013 only
b Totalfor prior years:

---

'

---

'

(d)
2014

5,381-819.
0.

o.

---

carryover,11any, to 2014:
3 Excessd1stnbut1ons
a From2009
7,738,561.
bFrom2010
9,456
447.
c From2011
9,719,131.
d From2012
9,346
152.
e From2013
10.616
934.
I Totalof lines3a throughe
4 Qualifyingd1stribut1ons
for 2014from
PartXII, line4: ..,. $ 16 613.319.
a Appliedto 2013, but not morethan line 2a
b Appliedto undistributedincomeof prior
years(Electionrequired- seeinstructions)
c Treatedas d1stribut1ons
out of corpus
(Electionrequired- seeinstructions)
d Appliedto 2014 distributableamount
e Remainingamountdistributedout of corpus
5

Page9

46.877

225.
0.
0.
0.
5.381.819.

11,231

500.
0.

58.108

725.

Excess d1stnbut1ons carryover applied to 2014
(If an amount appears in column (d), the same amount
must be shown in column (a))

o.

6 Enterthe nettotal of eachcolumnas

indicatedbelow:
a Corpus Add Imes 31, 4c, and 4e Subtract line 5
b Prior years'undistributedincome.Subtract
lme4b from lme2b
c Enterthe amountof prioryears'
undistributedmcomefor which a noticeof
def1c1ency
hasbeenissued,or on which
the section4942(a)tax has beenpreviously
assessed
d Subtractlme6c from lme6b. Taxable
amount- seemstruct1ons
e Undistributedmcomefor 2013. Subtractlme
4a from lme2a.Taxableamount- see mstr.
I Undistributedincomefor 2014. Subtract
Imes4d and 5 from lme 1.This amountmust
be distributedm 2015
7 Amountstreatedas d1stnbut1ons
out of
corpusto satisfyrequirementsimposedby
section170(b)(1)(F)or 4942(g)(3)(Election
maybe required- seemstruct1ons)
carryoverfrom 2009
8 Excessd1stribut1ons
not appliedon line 5 or lme7
Excessdistributions
carryoverto 2015
SubtractImes7 and 8 from line 6a
10 Analysisof lme9:
a Excessfrom 2010
9.456.447.
b Excessfrom 2011
9 719.131.
c Excessfrom 2012
9 346.152.
d Excessfrom 2013
10 616.934.
e Excessfrom 2014
11.231
500.

0.

0.
0.
0.
0.

o.
7.738

561.

9

50.370.164.

~.<.>e>ol

Form990-PF (2014)

11-24-14

9

11101116

796085

367244615

2014.04020

THE SEARLE FREEDOM TRUST C/ 36724461

 /;orm 990-PF(2014)

THE SEARLE FREEDOMTRUST
CIO KINSHIP TRUST COMPANY

I Part XIV I Private Operating Foundations

36-7244615

(see instructions and Part VII-A, question 9)

1 a If the foundationh11s
receiveda ruling or determ1nat1on
letterthat 111s
a privateoperating

foundat1o.n,
and the ruling 1seffectivefor 2014, enterthe dateof the ruling

~ID

b Checkbox to 1nd1cate
whetherthe foundation1sa privateooeratinafoundationdescribedin section
Taxyear
Prior 3 years
2 a Enterthe lesserof theadJustednet
(a)2014
(b) 2013
(c) 2012
incomefrom Part I or the m1mmum

Page10

N/A
494211H3lor

I

(d) 2011

I 4942(1H5l
(e) Total

investmentreturn from Part X for
eachyearlisted
b 85% of line2a
c Qualifyingd1stribut1ons
from PartXII,
line4 for eachyearlisted
d Amountsincludedin line2c not
useddirectlyfor activeconductof
exemptact1v1t1es
e Qualifyingd1stribut1ons
madedirectly
for activeconductof exemptact1v1t1es.
Subtractline2d from line2c
3 Complete3a, b, or c for the
alternativetest reliedupon:
a "Assets"alternativetest- enter:
( 1) Valueof all assets

(2) Valueof assetsqualifying
undersection4942(1)(3)(8)(1)
b "Endowment''
alternativetest - enter
2/3 of minimuminvestmentreturn
shownin PartX, line 6 for eachyear
listed
c "Support"alternativetest- enter:
(1) Totalsupport otherthan gross
investmentincome(interest,
d1v1dends,
rents,paymentson
securitiesloans(section
512(a)(5)),or royalties)
(2) Supportfrom generalpublic
and 5 or more exempt
orgamzat1ons
as providedin
section4942(J)(3)(B)(111)
(3) Largestamountof supportfrom
an exemptorganization
141 Grossinvestmentincome

I Part

XV

I Supplementary
this
.
. Information (Complete
.
. part
at any time during the year-see instructions.)

only if the foundation had $5,000 or more in assets

Information Regarding Foundation Managers:

a List any managersof the foundationwho havecontributedmorethan 2% of the total contributionsreceivedby the foundationbeforethe closeof any tax
year(but only 11they havecontributedmore than$5,000).(Seesection507(d}(2).)

NONE
b List any managersof the foundationwho own 10%or moreof the stockof a corporation(or an equallylargeportion of the ownershipof a partnershipor
other entity)of whichthe foundationhasa 10% or greaterinterest.

NONE
2

Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Checkhere ~ [xJ 11the foundationonly makescontributionsto preselectedcharitableorganizationsand doesnot acceptunsolicitedrequestsfor funds. If
the foundationmakesgilts, grants,etc. (seeinstructions)to ind1v1duals
or orgamzat1ons
underother cond1t1ons,
completeitems 2a,b, c, and d.

a The name,address,andtelephonenumberor e-mailaddressof the personto whomapplicationsshouldbe addressed:

b Theform m which applicationsshouldbe submittedand 1nformat1on
and materialsthey shouldinclude:

c Any subm1ss1on
deadlines:
d Any restrictionsor lim1tat1ons
on awards,suchas by geographicalareas,charitablefields,kinds of 1nst1tut1ons,
or other factors:

423601

Form990-PF (2014)

11-24-14

11101116

796085

367244615

2014.04020

10
THE SEARLE FREEDOMTRUST C/ 36724461

 THE SEARLE FREEDOM TRUST
CIO KINSHIP TRUST COMPANY

f.orm990-~ 12014)

I Part XV I Supplementary Information
3

36-7244615

Page11

(continued)

Grants and Contributions Paid Durin«:1the Year or Annroved for Future Pavment

If rec1p1ent
1san md1v1dual,
showany relat1onsh1p
to
anyfoundationmanager
or substantialcontributor

Rec1p1ent
Nameand address(homeor business)

Foundation
statusof
recipient

a Paid during the year

ACTON INSTITUTE,

GRAND RAPIDS,

MI

OTHER PUBLIC

Purposeof grantor
contribution

Amount

**

~CTON UNIVERSITY
100

t:HARITY

AMERICAN ENTERPRISE

INSTITUTE,

WASHINGTON DC

AMERICAN LEGISLATIVE
COUNCIL

ARLINGTON

AMERICAN LEGISLATIVE
COUNCIL

ARLINGTON

EXCHANGE
VA

EXCHANGE
VA

AMERICAN TRANSPARENCY, BURR RIDGE,

IL

JTHER PUBLIC

rAX AND PUBLIC

t:HARITY

FINANCE/REGULATION

OTHER PUBLIC

RICH STATES,

CHARITY

STATES

JTHER PUBLIC
nHARITY

STATE FISCAL REFORM

OTHER PUBLIC

!FEDERAL TRANSFER

"HARITY

REPORTS

SEE CONTINUATION SHEET(S)

Total

000

1 500 000

POOR
140

ooo_

54 500 _

RESEARCH

50 000
~

3a

~

3b

15 375 712

b Approved for future payment

NONE

Total

0

Form990-PF (2014)
1
14

~~~fd11101116

* * SEE PURPOSE OF GRANT CONTINUATIONS
796085

367244615

2014.04020

11
THE SEARLE FREEDOMTRUST C/ 36724461

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

THE SEARLE FREEDOMTRUST
C/0 KINSHIP TRUST COMPANY

F<lrm990-PF(2014)

IPart XVI-A I

-

36-7244615

Page12

Analysis of Income-Producing Activities

Entergross amountsunlessotherwiseindicated.

Unrelatedbusinessincome

(a)

Business
code

1 Programservicerevenue:

Excluded

(b)
Amount

E~~lu.

s1on

code

by section 512, 513, or 514

(d)
Amount

(e)
Relatedor exempt
functionincome

a
b
C

d
e
f
g Feesandcontractsfrom governmentagencies
2 Membershipdues andassessments
3 Intereston savingsandtemporarycash
investments
4 D1v1dends
andinterestfrom securities
5 Netrentalincomeor (loss)from realestate:
a Debt-financedproperty
b Not debt-financedproperty
6 Netrentalincomeor (loss)from personal
property
7 Otherinvestmentincome
8 Gainor (loss)from salesof assetsother
thaninventory
9 Netincomeor (loss) from specialevents
10Grossprofit or (loss) from salesof inventory
11Otherrevenue.

14
14

785
933

585.
340.

14

-3

340.

14

650

145.

18

11 784.593.

a
b
C

d
e
12Subtotal.Addcolumns(b), (d), and(e)
13Total.Add lme12, columns(b), (d), and (e)
(Seeworksheetm line 13 instructionsto veritycalculations.)

IPart XVI-B I
LineNo
~

0.

Relationship of Activities to the Accomplishment of Exempt Purposes

Explainbelowhow eachact1v1ty
for which income1sreported1ncolumn (e) of PartXVI-Acontributedimportantlyto the accomplishmentof
thefoundation'sexemptpurposes(otherthan by providingfundsfor such purposes).

423621
11-24-14

11101116

0.
14 150.323.
13_--=1 __
4_,_,=1=-5
....
0_,_,=-3=2
__
3 __
.

Form 990-PF (2014)

796085

367244615

2014.04020

12
THE SEARLE FREEDOMTRUST C/ 36724461

 F.orm990-FIF2014

Part XVII

THE SEARLE FREEDOMTRUST
C O KINSHIP TRUST COMPANY

36-7244615

Pa e13

Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Exempt Organizations

Yes No
Didthe organ1zat1on
directlyor indirectlyengagein any of the followingwith any other organizationdescribedin section501(c) of
the Code(otherthansection501(c)(3)organizations)or in section527,relatingto politicalorganizations?
a Transfersfrom the reportingfoundationto a noncharitableexemptorganizationat
(1) Cash
1af11
X
(2) Otherassets
1a{21
X
b Othertransactions:
1b{1)
(1) Salesof assetsto a nonchantableexemptorganization
X
1b{2l
(2) Purchasesof assetsfrom a nonchantableexemptorganization
X
equipment,or otherassets
1b(31
(3) Rentalof fac1llt1es,
X
1b{4l
(4) Reimbursement
arrangements
X
1b(5)
(5) Loansor loanguarantees
X
(6) Performanceof servicesor membershipor fundra1sing
sohc1tat1ons
1bl6l
X
c Sharingof fac1llt1es,
equipment,mailinglists, otherassets,or paidemployees
1c
X
d If the answerto any of the above1s'Yes,"completethe followingschedule.Column(b) shouldalwaysshowthe fair marketvalueof the goods,other assets,
or servicesgivenby the reportingfoundation.If the foundationreceivedlessthanfair marketvaluein anytransactionor sharingarrangement,show 1n
column (d) the valueof the goods,other assets,or servicesreceived.
(a) Line no
(b) Amountinvolved
(c) Nameof nonchantableexemptorganization
{ d) Descnpt1on of transfers, transactions, and sharmg arrangements
1

N/A

2a Is the foundationdirectlyor indirectlyaff1hated
with, or relatedto, one or more tax-exemptorgan1zat1ons
described
Yes
section
501(c)
of
the
Code
(other
than
section
501(c)(3))
or
in
section
527?
in
b If ''Yes " comoIetet he foIIow1noscheduIe.
(c) Descriptionof relat1onsh1p
(a) Nameof organization
(b) Typeof organ1zat1on

D

[xJ

No

N/A

Under penalties of per Jury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge

Sign
Here

and belief, 1t 1s true, correct, and complete

•

~i,e-.,v.f~

S1gnatur~
c~ officeror trustee
PrinVTypepreparer'sname

Declaration of p~p~her

than taxpayer) 1s based on all information of which preparer has any knowledge

't<l~~~C.,Lu. I

,,/ 1s/lS;"" ~

I •Date
Preparer'ssignature

Paid
Preparer Firm'sname ...,
Use Only

May the

IRSdiscuss

this

return with the preparer

shown below (see mstr )?

TRUSTEE

Title
Date

Dves

D

If
Check
self-employed

D

No

PTIN

Firm'sEIN ....

Firm'saddress ...,
Phoneno.
Form990-PF (2014)

423622
11·24-14

11101116

796085

367244615

2014.04020

13
THE SEARLE FREEDOMTRUST Cl 36724461

 I .Part xv I
3

THE SEARLE FREEDOMTRUST
CIO KINSHIP TRUST COMPANY

36-7244615

Supplementary Information

Grants and Contributions Paid During the Year (Continuation)

[lec1p1ent
Name'andaddress(homeor business)

ASHBROOK CENTER, ASHLAND,

If rec1p1ent
1san md1v1dual,
show any relat1onsh1p
to
any foundationmanager
or substantialcontributor

OH

ATLAS ECONOMIC RESEARCH FOUNDATION,
WASHINGTON DC

BECKER FRIEDMAN INSTITUTE,
IL

CHICAGO,

Foundation
statusof
rec1p1ent

Purposeof grantor
contribution

bTHER PUBLIC

bNLINE COURSE

CHARITY

DEVELOPMENT

bTHER PUBLIC
,..HARITY

~OUND MONEY BOOK
PROJECT

bTHER PUBLIC

fROGRAM OF VISITING
fHD STUDENTS IN PRICE

t:HARITY

II'HEORY

BENJAMIN RUSH INSTITUTE

.

HALF MOON

BAY, CA

bTHER PUBLIC

t:HAPTER DEVELOPMENT,

CHARITY

DEBATE AND LECTURE
SERIES

BRIGHAM AND WOMEN'S HOSPITAL,

BOSTON,

MA

BROOKINGS INSTITUTION,

BROOKINGS INSTITUTION,

BUCKEYE INSTITUTE,

CATO INSTITUTE,

WASHINGTON, DC

WASHINGTON, DC

COLUMBUS OH
'

WASHINGTON, DC

125

000.

65 000.

50 000

100

000

200

bTHER PUBLIC
CHARITY

t:ENTER FOR MEDICAL
tINNOVATION

101

PTHER PUBLIC
CHARITY

~EARLE FREEDOM TRUST
SENIOR FELLOW

250 000

bTHER PUBLIC

DOMESTIC POLICY

tHARITY

RESEARCH

PTHER PUBLIC
CHARITY

ECONOMIC RESEARCH

:)THER PUBLIC

ECONOMIC POLICY

CHARITY

RESEARCH AND

CENTER

CONFERENCE PROGRAMS

CENTER FOR CLASS ACTION FAIRNESS

:)THER PUBLIC

CLASS ACTION REFORM

WASHINGTON DC

CHARITY

l',.CTIVITIES

Totalfromcontinuation
sheets

Amount

100

000

100 000.

375 000

225 000
13 531

212

423631
05-01-14

11101116

796085

367244615

2014.04020

19
THE SEARLE FREEDOMTRUST C/ 36724461

 I.Part XV
3

THE SEARLE FREEDOMTRUST
C/0 KINSHIP TRUST COMPANY

I

36-7244615

Supplementary Information

Grants and Contributions Paid During the Year (Continuation)

,Rec1p1ent
Nameand address(home or business)

CENTER FOR COMPETITIVE

If rec1p1ent
1san md1v1dual,
showany relat1onsh1p
to
anyfoundationmanager
or substantialcontributor

Foundation
statusof
rec1p1ent

bTHER PUBLIC

POLITICS,

Purposeof grantor
contribution

bISCLOSURE

PROJECT

ALEXANDRIA VA

~RARITY

CENTER FOR INDEPENDENT THOUGHT,
PHILADELPHIA
PA

bTHER PUBLIC

$TOSSEL

CHARITY

CLASSROOM

CHAPMAN UNIVERSITY,

OTHER PUBLIC

RESEARCH ON URBAN

:::RARITY

~OLICIES

OTHER PUBLIC

~UBLIUS

;::RARITY

'-'INCOLN FELLOWS, AND
GOHN MARSHALL FELLOWS

CLAREMONT INSTITUTE

ORANGE, CA

'

CLAREMONT CA

'

COLLEGIATE NETWORK, WILMINGTON, DE

OTHER PUBLIC

125 000

IN THE

COMPETITIVE

ENTERPRISE

INSTITUTE

COMPETITIVE

ENTERPRISE

INSTITUTE,

WASHINGTON DC

DOCUMENTARYFOUNDATION
CA

DONORS TRUST,

DONORS TRUST,

'

SACRAMENTO,

ALEXANDRIA, VA

ALEXANDRIA, VA

75 000

100 000

FELLOWS,
100 000

CTOURNALISMFELLOWSHIPS
100 000

:::RARITY

WASHINGTON DC

Amount

OTHER PUBLIC

~ENTER FOR ENERGY AND

CHARITY

IENVIRONMENT

OTHER PUBLIC

~UBLIC

"RARITY

ILITIGATION

275 000.

INTEREST

OTHER PUBLIC

!\MERICA LOST FILM

CHARITY

PROJECT

bTHER PUBLIC

CONSTITUTIONAL

~RARITY

::::HALLENGES FUND

PTHER PUBLIC

DAN SEARLE FELLOWSHIPS

CHARITY

IN ECONOMICS

175 000.

50 000

550 000

310 000

Totalfromcontinuation
sheets

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THE SEARLE FREEDOM TRUST C/ 36724461

 ---------------------------------------------------~--

IPart
3

-

THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY

XV

36-7244615

I Supplementary Information

Grants and Contributions Paid During the Year (Continuation)

flec1p1ent
Name'and address(homeor business)

DONORS TRUST,

DONORS TRUST,

If rec1p1ent
1san 1nd1v1dual,
showany relat1onsh1p
to
any foundationmanager
or substantialcontributor

ALEXANDRIA, VA

ALEXANDRIA, VA

Foundation
statusof
rec1p1ent

Purposeof grantor
contnbut1on

PTHER PUBLIC
CHARITY

DAVID'S

bTHER PUBLIC

MARKETING DIRECTOR

FUND
50 000

CHARITY

DONORS TRUST,

ALEXANDRIA, VA

EMPLOYMENT POLICIES
WASHINGTON DC

INSTITUTE

ENCOUNTER BOOKS, NEW YORK,

'

NY

PTHER PUBLIC
CHARITY

SUPPLY SIDE INSTITUTE

bTHER PUBLIC

INTERSTATE POLICY

CHARITY

ALLIANCE

OTHER PUBLIC

BOOK MARKETING

bTHER PUBLIC
~HARITY

ETHICS AND PUBLIC POLICY CENTER,
WASHINGTON DC

bTHER PUBLIC

FEDERALIST

bTHER PUBLIC

SOCIETY,

CHARITY

WASHINGTON, DC

~HARITY

FOUNDATION FOR GOVERNMENT
ACCOUNTABILITY INC NAPLES

FL

FOUNDATION FOR INDIVIDUAL RIGHTS IN
EDUCATION PHILADELPHIA
PA
Total from continuationsheets

125

000.

100

000

75 000

31 000

"RARITY

ETHICS AND PUBLIC POLICY CENTER,
WASHINGTON DC

Amount

~ESEARCH ON POLITICAL
II'RENDS

EDUCATION ON JUDICIAL
11.PPOINTMENTS

~CADEMIC DIVISION
!PROGRAMS

PTHER PUBLIC
CHARITY

~CA RESEARCH AND

bTHER PUBLIC

SPOTLIGHT WEBSITE

!EDUCATION

CHARITY

125

000

75 000

375

000

75 000

75 000

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-

 THE SEARLE FREEDOM TRUST
CIO KINSHIP TRUST COMPANY

36-7244615

I.Part XV I Supplementary Information
3

Grants and Contributions Paid During the Year (Continuation)

,Recipient
Nameand address(homeor business)

If rec1p1ent
1san ind1v1dual,
show any relat1onsh1p
to
any foundationmanager
or substantialcontributor

Foundation
statusof
rec1p1ent

FRANKLIN CENTER FOR GOVERNMENT&

OTHER PUBLIC

PUBLIC INTEGRITY

"HARITY

ALEXANDRIA

VA

FRASER INSTITUTE , VANCOUVER, BC

GALEN INSTITUTE,

ALEXANDRIA, VA

GEORGE MASON UNIVERSITY
ARLINGTON

FOUNDATION,

VA

GEORGE MASON UNIVERSITY
ARLINGTON VA

FOUNDATION,

GEORGE MASON UNIVERSITY

FOUNDATION,

Purposeof grant or
contribution

~LOGGER CONFERENCES
100 000.

OTHER PUBLIC

ECONOMIC FREEDOM OF

CHARITY

THE WORLD INDEX

OTHER PUBLIC
CHARITY

HEALTH EDUCATION AND

PTHER PUBLIC

SUPREME COURT LAW

CHARITY

"LINIC

PTHER PUBLIC

~AW & ECONOMICS CENTER

115 000

700 000

PTHER PUBLIC

~ESEARCH SABBATICALS

CHARITY

~N LAW AND PUBLIC
!POLICY

OTHER PUBLIC

DEPARTMENT OF

C:HARITY

ECONOMICS

GEORGE WASHINGTON UNIVERSITY,

OTHER PUBLIC

REGULATORY STUDIES

WASHINGTON DC

"HARITY

CENTER

PTHER PUBLIC
t:HARITY

CENTER FOR THE
CONSTITUTION

PTHER PUBLIC

CONSTITUTIONAL

CHARITY

LITIGATION

GEORGE MASON UNIVERSITY
ARLINGTON VA

GEORGETOWNUNIVERSITY
WASHINGTON DC

GOLDWATER INSTITUTE,

FOUNDATION,

LAW CENTER,

PHOENIX,

AZ

150 ODO

100 ODO

OUTREACH

t:HARITY

ARLINGTON, VA

Amount

116 210.

25 000

100 000

CENTER

34 325

125 000

Totalfromcontinuation
sheets

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 THE SEARLE FREEDOM TRUST
CIO KINSHIP TRUST COMPANY

3

36-7244615

I Supplementary Information

IPartX\t

Grants and Contributions Paid During the Year (Continuation)

,Rec1p1ent
Name'and address(homeor business)

GOLDWATER INSTITUTE,

HARVARD UNIVERSITY,

PHOENIX, AZ

CAMBRIDGE, MA

HARVARD UNIVERSITY,

CAMBRIDGE, MA

HARVARD UNIVERSITY

CAMBRIDGE
'

HEARTLAND INSTITUTE,
HEIGHTS
IL

HUDSON INSTITUTE

INSTITUTE

'

If rec1p1ent
1san 1nd1v1dual,
show any relat1onsh1p
to
any foundationmanager
or substantialcontributor

MA

ARLINGTON

WASHINGTON, DC

Foundation
statusof
rec1p1ent

Purposeof grant or
contribution

PTHER PUBLIC

STRATEGY GUIDE AND

CHARITY

II'RAINING RETREAT

OTHER PUBLIC
CHARITY

ONLINE COURSE
DEVELOPMENT

PTHER PUBLIC

PROGRAM ON EDUCATION

t:HARITY

POLICY AND GOVERNANCE

PTHER PUBLIC
nHARITY

EDUCATION NEXT

OTHER PUBLIC
CHARITY

CENTER ON CLIMATE AND
~NVIRONMENTAL POLICY

OTHER PUBLIC

~EGULATION FELLOWSHIP

FOR HUMANE STUDIES,

OTHER PUBLIC
CHARITY

FOR JUSTICE,

ARLINGTON, VA

OTHER PUBLIC

INSTITUTE

KINSHIP

FOR TRUTH IN ACCOUNTING,

PTHER PUBLIC

FOUNDATION, CHICAGO, IL

PTHER PUBLIC
CHARITY

123

000

50 000

150

000

350

000.

350

000

$TATE DATA LAB
80 000

'"'HARITY

IL

250.

STRATEGIC RESEARCH

CHARITY

CHICAGO

166

PAN SEARLE
FELLOWSHIPS/LEARN
!BERTY

INSTITUTE

52 500

75 000

CHARITY

ARLINGTON, VA

Amount

~INSHIP CONSERVATION
IFELLOWS PROGRAM

60 000

Totalfromcontinuation
sheets

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THE SEARLE FREEDOM TRUST C/

36724461

 1,PartXV
3

I

THE SEARLE FREEDOM TRUST
CIO KINSHIP TRUST COMPANY

36-7244615

Supplementary Information

Grants and Contributions Paid During the Year (Continuation)

.Rec1p1ent
Nameandaddress(homeor business)

LIBERTY SOURCE, INC.,

LUCY BURNS INSTITUTE,
MANHATTANINSTITUTE,

If rec1p1ent
1san md1v1dual,
showany relat1onsh1p
to
anyfoundationmanager
or substantialcontributor

Foundation
statusof
rec1p1ent

Purposeof grant or
contribution

Amount

OTHER PUBLIC

STRATA ONLINE COURSE

CHARITY

IJEVELOPMENT

MADISON , WI

OTHER PUBLIC

IPOLICYPEDIA

NEW YORK, NEW

'"'HARITY
OTHER PUBLIC

~ENTER FOR STATE AND

LOGAN, UT

YORK

CHARITY

42 750

85 000
!LOCAL
uEADERSHIP/CENTER

FOR

ENERGY POLICY AND THE
ENVIRONMENT/CENTER FOR
MERCATUS CENTER, ARLINGTON, VA

OTHER PUBLIC

WINANCIAL MARKETS

::::HARITY

WORKING

550

000

400

000

200

000

200

000

PROUP/PERMISSIONLESS
~NNOVATION/SPENDING
~ND BUDGET INITIATIVE

MERCATUS CENTER, ARLINGTON, VA

MOVING PICTURE INSTITUTE,
NY

NEW YORK

bTHER PUBLIC

MARGINAL REVOLUTION

tHARITY

lJNIVERSITY

bTHER PUBLIC

RISING FILMMAKERS
PROGRAM/HOLLYWOOD

::::HARITY

CAREER LAUNCH PROGRAM

MOVING PICTURE INSTITUTE,

NEW YORK,

bTHER PUBLIC

NY

WEB COMEDY SERIES

25 000

::::HARITY

bTHER PUBLIC
tHARITY

EDITORIAL

NATIONAL CENTER FOR POLICY ANALYSIS,
DALLAS TX

OTHER PUBLIC

~AX ANALYSIS CENTER

NATIONAL COUNCIL ON TEACHER QUALITY,
WASHINGTON DC

OTHER PUBLIC

NATIONAL AFFAIRS,

WASHINGTON, DC

SUPPORT

175

50 000

CHARITY

::::HARITY

000

~DUCATION SCHOOL
RESEARCH

100

000

Totalfromcontinuation
sheets

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THE SEARLE FREEDOMTRUST C/

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 I Part
3

THE SEARLE FREEDOM TRUST
CIO KINSHIP TRUST COMPANY

36-7244615

I Supplementary Information

X\l

Grants and Contributions Paid During the Year (Continuation)

flec1p1ent
Name'andaddress(homeor business)

If rec1p1ent
1san md1v1dual,
show any relat1onsh1p
to
any foundationmanager
or substantialcontributor

Foundation
status of
rec1p1ent

Purposeof grant or
contnbut1on

Amount

NATIONAL RIGHT TO WORK LEGAL DEFENSE
FOUNDATION SPRINGFIELD
VA

bTHER PUBLIC

NEW YORK UNIVERSITY

PTHER PUBLIC
k::HARITY

uEGAL STUDIES
FELLOWSHIP

PTHER PUBLIC

i-,EGAL STUDIES

tHARITY

FELLOWSHIP

72 700

OKLAHOMACOUNCIL OF PUBLIC AFFAIRS,
OKLAHOMACITY OK

PTHER PUBLIC
k::HARITY

~AVE OUR STATES
PROJECT

60 000

PACIFIC

PTHER PUBLIC

!ENVIRONMENTAL
...,ITIGATION

SCHOOL OF LAW,

NEW YORK NY

NEW YORK UNIVERSITY
NEW YORK NY

SCHOOL OF LAW,

LEGAL FOUNDATION, SACRAMENTO,

CA

tHARITY

PACIFIC

RESEARCH INSTITUTE,
CA
'

STRATEGIC LITIGATION

75 000

tHARITY

SAN

PTHER PUBLIC

FRANCISCO

t;::HARITY

35 464

100

11:IEALTHCARE
t;::OMMUNICATIONS
~TRATEGY/STATE
~EGULATORY INDEX

PHILANTHROPIC ENTERPRISE,

000.

CARMEL, IN

OTHER PUBLIC

RESEARCH CONFERENCE ON

k::HARITY

THE ECONOMICS OF

40 000

PHILANTHROPY

PHILANTHROPY ROUNDTABLE, WASHINGTON,

bTHER PUBLIC

DC

k::HARITY

PROGRESSIVE POLICY INSTITUTE,
WASHINGTON DC

PTHER PUBLIC

PROJECT LIBERTY,

OTHER PUBLIC

t;::ENTER FOR COLLEGE

t;::HARITY

~FFORDABILITY

DONOR OUTREACH

50 000

~AX ANALYSIS CENTER

50 000

tHARITY

ALEXANDRIA, VA

225 000

AND

!PRODUCTIVITY

350 000

Total from continuationsheets

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THE SEARLE FREEDOM TRUST C/

36724461

 IPart
3

THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY

XV

36-7244615

I Supplementary Information

Grants and Contributions Paid During the Year {Continuation)

,Rec1p1ent
Name'andaddress(homeor business)

PROJECT LIBERTY,

If rec1p1ent
1san md1v1dual,
show any relat1onsh1p
to
any foundationmanager
or substantialcontributor

ALEXANDRIA, VA

PROMETHEUS INSTITUTE,

IRVINE,

CA

PROPERTY AND ENVIRONMENT RESEARCH
CENTER, BOZEMAN, MT

Foundation
statusof
recipient

Purposeof grantor
contribution

Amount

OTHER PUBLIC
"HARITY

PUBLIC RECORDS PROJECT

OTHER PUBLIC
t::HARITY

FILM DISTRIBUTION
PROJECT

i)THER PUBLIC
t::HARITY

WORKSHOPS ON
ENVIRONMENTAL
ECONOMICS/JULIAN SIMON
FELLOWSHIPS

302 000

37 500.

47 500

70 000.

PROPERTY AND ENVIRONMENT RESEARCH
CENTER BOZEMAN MT

PTHER PUBLIC
t:HARITY

BOOK PROJECT ON INDIAN
RESERVATIONS

REAL CLEAR FOUNDATION, WASHINGTON, DC

OTHER PUBLIC
t::HARITY

REAL CLEAR POLICY AND
REAL CLEAR BOOKS

100 000

REASON FOUNDATION LOS ANGELES, CA
'

i)THER PUBLIC
CHARITY

TRANSPORTATION
FELLOWSHIP

250 000

REASON FOUNDATION, LOS ANGELES, CA

PTHER PUBLIC
t::HARITY

REASON.TV

i)THER PUBLIC
CHARITY

~OLLABORATION
FILMMAKERS CHALLENGE

93 500

PTHER PUBLIC
~HARITY

II'HE END OF DOOM BOOK
!PROJECT

10 000.

:>THER PUBLIC
CHARITY

PUBLIC POLICY RFP

REASON FOUNDATION, LOS ANGELES, CA

REASON FOUNDATION, LOS ANGELES, CA

STATE POLICY NETWORK, ARLINGTON, VA

700 000

60 000

Totalfromcontinuation
sheets

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THE SEARLE FREEDOM TRUST C/ 36724461

 I.Part XV
3

THE SEARLE FREEDOM TRUST
CIO KINSHIP TRUST COMPANY

I

36-7244615

Supplementary Information

Grants and Contributions Paid During the Year (Continuation)

,Rec1p1ent
Nameand address(homeor business)

If rec1p1ent
1san md1v1dual,
show any relat1onsh1p
to
any foundationmanager
or substantialcontributor

STATE POLICY NETWORK, ARLINGTON, VA

Foundation
statusof
rec1p1ent

bTHER PUBLIC

Purposeof grant or
contribution

PUBLIC POLICY RFP
312 500

tHARITY

STATISTICAL

ASSESSMENT SERVICE,

ARLINGTON, VA

bTHER PUBLIC

GENETIC LITERACY AND

CHARITY

COERCIVE PATERNALISM
55 000

PROJECTS

STATISTICAL

ASSESSMENT SERVICE

ARLINGTON, VA

bTHER PUBLIC

'

~HARITY

PENETIC LITERACY AND
COERCIVE PATERNALISM
55 000

PROJECTS

STUDENT FREE PRESS ASSOCIATION,

bTHER PUBLIC

HILLSDALE

"HARITY

TALIESIN

MI

NEXUS, LOS ANGELES, CA

~HECOLLEGEFIX.COM
100 000.

bTHER PUBLIC

~ITERS

CHARITY

~ROJECT/FILMMAKERS
WORKSHOP

TAX FOUNDATION

'

WASHINGTON, DC

bTHER PUBLIC
"'HARITY

TEXAS PUBLIC POLICY FOUNDATION,

OTHER PUBLIC
CHARITY

TX

RIGHT ON IMMIGRATION
100 000

OTHER PUBLIC

JOURNALISM FELLOWSHIP

CHARITY

PROGRAM

THE FOUNDATION FOR A FREE SOCIETY,
AUSTIN TX

OTHER PUBLIC

!EMERGENTORDER VIDEO

CHARITY

PROJECT

THE R STREET INSTITUTE,

bTHER PUBLIC

~LFARE

WASHINGTON,

CHARITY

200

400 000

THE DAILY CALLER NEWS FOUNDATION,
WASHINGTON DC

DC

169

TAXES AND GROWTH
PROJECT/PUTTING A FACE
ON AMERICA'S TAX
RETURNS

AUSTIN

Amount

80 000

20 000

RESEARCH
85 500

Total from continuationsheets

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THE SEARLE FREEDOMTRUST C/ 36724461

 THE SEARLE FREEDOMTRUST
C/0 KINSHIP TRUST COMPANY

36-7244615

IPart XV I Supplementary Information
3

Grants and Contributions Paid During the Year (Continuation)

,Rec1p1ent
Nameand address(home or business)

If rec1p1ent
1san 1nd1v1dual,
show any relat1onsh1p
to
any foundationmanager
or substantialcontributor

THOMAS B. FORDHAM INSTITUTE,
WASHINGTON DC

UNIVERSITY

OF COLORADO FOUNDATION,

COLORADO SPRINGS,

CO

Foundation
statusof
rec1p1ent

Purposeof grantor
contribution

OTHER PUBLIC
r-HARITY

~DUCATION FOR UPWARD

OTHER PUBLIC

~ENTER FOR THE STUDY

CHARITY

PF GOVERNMENT AND THE

MOBILITY PROJECT

[NDIVIDUAL

FLOW THROUGH CONTRIBUTION VIA THE

OTHER PUBLIC

ADVISORS

CHARITY

!FOR THE UNRESTRICTED
USE OF THE CHARITY

FLOW THROUGH CONTRIBUTION VIA

OTHER PUBLIC

!FOR THE UNRESTRICTED

ADVISORS IV

CHARITY

USE OF THE CHARITY

FLOW THROUGH CONTRIBUTION VIA ENCAP
ENERGY FUND V

OTHER PUBLIC
r-HARITY

!FOR THE UNRESTRICTED
USE OF THE CHARITY

FLOW THROUGH CONTRIBUTION VIA KTC

OTHER PUBLIC

!FOR THE UNRESTRICTED

HEDGE PRODUCTS

t:HARITY

IJSE OF THE CHARITY

FLOW THROUGH CONTRIBUTION VIA MADISON

PTHER PUBLIC

DEARBORN IV

CHARITY

IFOR THE UNRESTRICTED
USE OF THE CHARITY

Amount

75 000

42 938

44

3

10

112

Totalfromcontinuation
sheets

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THE SEARLE FREEDOMTRUST C/ 36724461

6

 THE SEARLE FREEDOM TRUST
CO KINSHIP TRUST COMPANY
Part XV.

Supplementary

3a Grants and Contributions

NAME OF RECIPIENT

36-7244615

Information

Paid During the Year Continuation

of Purpose of Grant or Contribution

- MANHATTANINSTITUTE,

NEW YORK, NEW YORK

CENTER FOR STATE AND LOCAL LEADERSHIP/CENTER FOR ENERGY POLICY AND THE
ENVIRONMENT/CENTER FOR THE AMERICAN UNIVERSITY/CITY

423655

JOURNAL

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THE SEARLE FREEDOM TRUST C/ 36724461

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

-------

THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY
I,Part IV ,I CapitalGainsand Lossesfor Tax on InvestmentIncome

(b~Howacquired (c(i
Dateacquired (d) Datesold
- Purchase
mo.,day,yr.)
(mo., day,yr.)
D - Donation

2-story brick warehouse;or commonstock, 200 shs. MLCCo.

1

k
I
m
n
o

p
p

FLOW.THROUGHFROM ADVENT INTL GPE V
FLOW THROUGHFROM BANK LANE
FLOW THROUGHFROM BENCHMARKCAPITAL PARNTERS V
FLOW THROUGHFROM ENCAP ENERGY CAPITAL FUND V
FLOW THROUGHFROM FOUNDATION CAPITAL IV
FLOW THROUGHFROM FOUNDATION CAPITAL V
FLOW THROUGHFROM GLOBAL PRIVATE EQUITY IV
FLOW THROUGHFROM HOLDEN VENTURES IIID
FLOW THROUGHFROM KTC DEVELOPED INTL
FLOW THROUGHFROM KTC HEDGE PRODUCTS
FLOW THROUGHFROM KTC INTL EMERGING
FLOW THROUGHFROM KTC LARGE VALUE
FLOW THROUGHFROM KTC SMALL CAP
FLOW THROUGHFROM MDCP IV
FLOW THROUGHFROM MDCP IV GLOBAL
(f) Deprec1at1on
allowed

(e) Grosssales price

(or allowable)

p
p
p
p
p
p

p
p
p
p
p
p
p

C

d
e
f

1 354,664.
94.240.
3 318,948.

h
I

I

k
I
m
n

633,064.

529,530.
371.568.
54.

0

Completeonly for assetsshowinggain m column (h) and ownedby the foundationon 12/31/69
(i) F.M.V.as of 12/31/69

(i) Ad1ustedbasis

(k) Excessof col. (1)

as of 12/31/69

over col. (J), 1fany

i/ARIOUS
VARIOUS
i/ARIOUS
VARIOUS
i/ARIOUS
VARIOUS
i/ARIOUS
VARIOUS
i/ARIOUS
VARIOUS
i/ARIOUS
VARIOUS
i/ARIOUS
~ARIOUS
VARIOUS

16,715.
89.
19,991.
19.901.
8,352.
50.316.
-707.
677.332.
94,240.
2 685.884.
0.
529.530.
371,568.
54.
0.

707.
677,332.

a

VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
WARIOUS
VARIOUS
WARIOUS
VARIOUS
WARIOUS
VARIOUS
WARIOUS
~ARIOUS
VARIOUS
(h) Gamor (loss)
(e) plus (f) minus (g)

(g) Costor otherbasis
plus expenseof sale

16.715.
89.
19.991.
19,901.
8.352.
50,316.

a
b

--

CONTINUATION FOR 990-PF,
PART IV
5
36-7244615
PAGE
1 OF

(a) List and describethe k1nd(s)of propertysold, e.g.,real estate,

1a
b
c
d
e
f
o
h
1

-

(I) Losses(from col. (h))
Gams(excessof col. (h) gamovercol. (k),
but not lessthan"-0-")

16.715.
89.
19 991.
19,901.
8 352.
so 316.
-707.
677.332.
94,240.
2 685.884.
0.
529.530.
371,568.
54.
0.

a
b
C

d
e
f

a
h
I

J
k
I

m
n
0

2 Capitalgam netincomeor (net capitalloss)

{ If gam,alsoenter m Part I, line 7 }
If (loss), enter'-0-' m Part I, line 7

3 Netshort-termcapital gain or (loss) as definedm sections1222(5)and (6):
If gain,also enter m Part I, lme 8, column(c).
If (loss), enter'-0-" m Part I, lme8

2

}

3

423591
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THE SEARLE FREEDOM TRUST C/

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-

-

 THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY
I,Part IV, I Capital Gainsand Lossesfor Tax on InvestmentIncome

CONTINUATION FOR 990-PF,
PART IV
36-7244615
PAGE
2 OF
5
(b~Howacquired (cJ
Dateacquired (d) Datesold
- Purchase
mo.,day,yr.)
(mo., day,yr.)
D - Donation

(a) List and describethe kind(s) of propertysold, e.g.,real estate,

2-story brick warehouse;or common stock,200 shs. MLCCo.

FLOW.THROUGHFROM NEXUS CAPITAL II
FLOW THROUGHFROM OCM OPPORTUNITIES II
FLOW THROUGHFROM OCM OPPORTUNITIES III
FLOW THROUGHFROM OCM PRINCIPAL OPP II
FLOWTHROUGHFROM PROSPECT VENTURE PARTNERS III
FLOWTHROUGHFROM QUARTER CENTURY
a FLOW THROUGHFROM RHO VENTURES V
h FLOW THROUGHFROM SCF-VI
1 FLOW THROUGHFROM THACKERAYPARTNERS REALTY
1 FLOW THROUGHFROM THE ADVISORS
k FLOW THROUGHFROM ADVISORS IV
I FLOW THROUGHFROMWELSH CARSON, ANDERSON & STOWE
m FLOW THROUGHFROMWELSH, CARSON. ANDERSON & STOWE
n FLOW THROUGHSEC 1231
FROM BANK LANE
o FLOW THROUGHSEC 1231
FROM QUARTER CENTURY

1a
b
c
d
e
f

(f) Deprec1at1on
allowed
(or allowable)

( e) Grosssalesprice

p
p
p
p
p
p
p
p
p
p
p
p
p
p
p

VARIOUS VARIOUS
WARIOUS WARIOUS
VARIOUS VARIOUS
WARIOUS VARIOUS
VARIOUS VARIOUS
WARIOUS WARIOUS
VARIOUS WARIOUS
VARIOUS VARIOUS
WARIOUS WARIOUS
VARIOUS VARIOUS
WARIOUS WARIOUS
VARIOUS \TARIOUS
WARIOUS \TARIOUS
VARIOUS \TARIOUS
VARIOUS V'ARIOUS
(h) Gainor (loss)
(e) plus (f) minus (g)

(g) Costor other basis

plus expenseof sale

o.

a
b

99.
850.
1,303.

C

d
e
f

99.
850.
1,303.
-47.735.
-3,302.
-67.925.
86,440.
0.
3,379.
1 517.312.
29,448.
234.
440.
3 002.

47,735.
3.302.
67,925.

a

86,440.

h
I

3,379.
1.517.312.
29,448.
234.
440.
3.002.

I
k
I
m
n
0

Completeonly for assetsshowinggain in column(h) and ownedby the foundationon 12/31/69
(i) F.M.V.as of 12/31/69

(i) Ad1ustedbasis
as of 12/31/69

(I) Losses(from col. (h))
Gains(excessof col. (h) gain overcol. (k),
but not lessthan '-0-')

(k) Excessof col. (1)

over col. (J), 1fany

0.
99.
850.
1.303.
-47.735.
-3,302.
-67.925.
86,440.

a
b
C

d
e
f
Q

h

o.

I

3,379.
1 517.312.
29,448.
234.
440.
3,002.

I

k
I
m
n
0

2 Capitalgamnet incomeor (net capitalloss)

{ If gain,also enter 1nPart I, line 7 }
If (loss), enter·-o-·
in Part I, line 7

3 Netshort-term capitalgainor (loss) as definedin sections1222(5)and (6):
If gain,also enter in Part I, line 8, column(c).
If (loss), enter"-0-" in Part I, line 8

2

}

3

423591
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2014.04020

15
THE SEARLE FREEDOMTRUST C/ 36724461

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

-

THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY

-----

-

-

CONTINUATION FOR 990-PF,
PART IV
5
36-7244615
PAGE
3 OF

1,Part IV.I CapitalGainsandLossesforTaxon InvestmentIncome
(b~Howacquired(cl Dateacquired (d) Datesold
- Purchase
(mo., day,yr.)
mo.,day,yr.)
D - Donation

(a) List and describethe k1nd(s)of propertysold, e.g.,realestate,
2-story bnck warehouse;or commonstock, 200 shs. MLCCo.

FLOW.THROUGHSEC 1231 GAIN FROM ENCAP ENERGY CAP!
FLOW THROUGHSEC 1231 GAIN FROM KTC HEDGE PRODUC1
FLOW THROUGHSEC 1231 GAIN FROM MADISON DEARBORN
FLOW THROUGHSEC 1231 GAIN FROM NORTH PIER APART~
FLOW THROUGHSEC 1231 GAIN FROM THACKERAYPARTNER
FLOW THROUGHSEC 1231 GAIN FROM THE ADVISORS IV
a FLOW THROUGHSEC 1256 FROM KTC DEVELOPED
h FLOW THROUGHSEC 1256
FROM KTC HEDGE PRODUCTS
1 FLOW THROUGHSEC 1256
INCOME FROM THE ADVISORS I\
- SEE ATTACHED
1 HARRIS BANK N .A.
- SEE ATTACHED
k HARRIS BANK N.A.
I PLACER CREEK DISTRIBUTION
IN EXCESS OF BASIS
mSPINDRIFT DISTRIBUTION IN EXCESS OF BASIS
n DISPOSITION
OF OCM OPPORTUNITIES FUND II
o DISPOSITION
OF APOLLO INVESTMENT III VIA THE ADV!

1a
b
c
d
e
f

(f) Deprec1at1on
allowed
(or allowable)

(e) Grosssalesprice

(g) Costor otherbasis
plus expenseof sale

8.

C

d
e
f

56.906.

a

5.541.

I

124
3.176

783.
582.
152.
2.855.
599.
4.940.

I
k
I
m
n
0

Completeonly for assetsshowinggain in column (h) and ownedby the foundationon 12/31/69
(i) F.M.V.as of 12/31/69

(j) Ad1ustedbasis

(k) Excessof col. (1)

as of 12/31/69

over col. (1),1fany

(I) Losses(from col. (h))
Gains(excessof col. (h) gain over col. (k),
but not less than'-0-')

-489.
034.
0.
-1.518.
45,775.
-93.
5,541.
-268.072.
-230.
61.828.
2.757.833.
152.
2.855.
599.
4 940.

a
b

-1

C

d
e
f

a
h
I
I

k
I
m
n
0

2 Capitalgain net incomeor (net capitalloss)
3

p

VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS

-489.
-1,034.
0.
-1,518.
45.775.
-93.
5.541.
-268,072.
-230.
61,828.
2.757,833.
152.
2.855.
599.
4.940.

268,072.
230.
62,955.
418.749.

h

p
p

VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
V'ARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
VARIOUS
(h) Gainor (loss)
(e) plus (f) minus(g)

489.
1.034.
8.
1.518.
11,131.
93.

a
b

p
p
p
p
p
p
p
p
p
p
p
p

{ If gam,also enter in Part I, line 7 }
If (loss), enter·-o-·
m Part I, line 7

Netshort-termcapitalgain or (loss) as definedm sections1222(5)and (6):
If gain,also enter1nPart I, line 8, column (c).
in Part I, lme8
If (loss), enter·-o-·

2

}

3

423591
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796085

367244615

2014.04020

16
THE SEARLE FREEDOM TRUST C/

36724461

-

 THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY

CONTINUATION FOR 990-PF,
PART IV
4 OF
36-7244615
PAGE
5

I.Part IV.I CapitalGainsandLossesfor Tax on InvestmentIncome
(b~Howacquired(c~Dateacquired (d) Datesold
- Purchase
mo., day,yr.)
(mo., day, yr.)
D - Donation

(a) List and describethe kind(s) of propertysold, e.g., realestate,
2-story brick warehouse;or common stock, 200 shs. MLCCo.

DISPOSITION OF OCM REAL ESTATE OPP A VIA THE ADVI
DISPOSITION OF OCM OPPORTUNITIES II VIA ADVISORS
DISPOSITION OF OCM REAL ESTATE OPP II VIA ADVISOB
DISPOSITION OF AG CAPITAL RECOVERY IV VIA ADVISOR
DISPOSITION OF BENCHMARKCAPITAL VIA THE ADVISOB
ADVISORS IV - SEE ATTACHED
a NCCP II DISTRIBUTION IN EXCESS OF BASIS VIA ADVIS
h OCM PRINC OPP II
DISTRIBUTION IN EXCESS OF BASIS
1 AG RECOVERY DISTRIBUTION VIA ADVISORS IV
1 SILVER LAKE II
CAYMANADVISORS IV - PRIOR YEAR PF
k FLOW THROUGHFROM ENCAP ENERGY CAPITAL FUND V
I FLOW THROUGHFROM FOUNDATION CAPITAL IV
m FLOW THROUGHFROM FOUNDATION CAPITAL V
n FLOW THROUGHFROM KTC DEVELOPED INTL
o FLOW THROUGHFROM KTC HEDGE PRODUCTS

1a
b
c
d
e
f

(I) Deprec1at1on
allowed
(or allowable)

(e) Grosssalesprice

p
p
p
p
p
p
p
p
p
p
p
p
p
p
p

VARIOUS VARIOUS
ITARIOUS VARIOUS
VARIOUS VARIOUS
ITARIOUS VARIOUS
\TARIOUS VARIOUS
VARIOUS VARIOUS

VARIOUS VARIOUS
VARIOUS VARIOUS
ITARIOUS VARIOUS
VARIOUS ITARIOUS
ITARIOUS \TARIOUS
VARIOUS ITARIOUS
ITARIOUS KTARIOUS
KTARIOUSVARIOUS
VARIOUS VARIOUS
(h} Gainor (loss)
(e) plus (f) minus(g)

(g) Costor other basis
plus expenseof sale

-6.193.
59.782.
3.810.
-6.250.

6,193.

a
b

59.782.
3,810.

C

6.250.

d
e
f

0.
5 251.

1.144.

6.395.

o.

0

0.
0.

h
I

o.

I

1 546.
-1 671.
439.
12.611.
1.547.471.

1.546.

k
I
m
n

1.671.
439.
12.611.
1,547.471.

0

Completeonly for assetsshowinggain 1ncolumn (h) and ownedby the foundationon 12/31/69
(i) F.M.V.as of 12/31/69

(j) Ad1ustedbasis
as of 12/31/69

(I) Losses(from col. (h))
Gains(excessof col. (h) gainover col. (k),
but not less than "-0-")

(k) Excessof col. (1)
overcol. (J), 1fany

-6.193.
59,782.
3.810.
-6.250.

a
b
C

d
e
f

0.
5,251.

0.
0.
0.
0.
1 546.
-1.671.
439.
12.611.
1,547.471.

g

h
I

I

k
I

m
n
0

2 Capitalgain net incomeor (net capital loss)

{ If gain, also enter in Part I, line 7 }
If (loss), enter'-0-' in Part I, line7

2

}

3 Netshort-term capitalgain or (loss) as definedin sections 1222(5)and (6):
If gain, also enter m Part I, line 8, column (c).
in Part I, line 8
If (loss), enter·-o-·

3

423581
05-01-14

17
11101116

796085

367244615

2014.04020

THE SEARLE FREEDOM TRUST C/

36724461

 CONTINUATION FOR 990-PF,
PART IV
PAGE
5 OF
5
36-7244615

THE SEARLE FREEDOM TRUST
C/0 KINSHIP TRUST COMPANY
I Part IV~ CapitalGainsandLossesforTax on InvestmentIncome

(b~Howacquired(c~Dateacquired (d) Datesold
- Purchase
mo., day,yr )
(mo., day,yr.)
D - Donation

(a) List and describethe kind(s) of property sold, e.g., realestate,
2-story brick warehouse;or common stock, 200 shs. MLCCo.

FLOW .THROUGHFROM KTC LARGE VALUE
FLOW THROUGHFROM KTC SMALL CAP
c FLOW THROUGHFROM THE ADVISORS IV
d SHARP PROJECTOR
e CONFERENCING TELEPHONE
f STUDIO 15 LAPTOP
a FOUNDATION II - ADVISORS IV - DIST IN EXCESS OF E
- ADVISORS IV - DIST IN EXC
h OCM PRINC OPP FUND II
- ADVISORS IV - DIST IN EXCESS OF BAS
I OCM OPP III
1 OCM OPP IV
- ADVISORS IV - DIST IN EXCESS OF BASI

1a
b

p
p
p
p
p
p
p
p

p
p

VARIOUS VARIOUS
V'ARIOUS W'ARIOUS
VARIOUS 1\/ARIOUS

09/08/08 12/31/14
12/03/08 12/31/14
12/31/14
06/24/10
VARIOUS 1\/ARIOUS
V'ARIOUS VARIOUS
VARIOUS VARIOUS
1\/ARIOUS VARIOUS

k
I
m
n
0

(I) Deprec1at1on
allowed
(or allowable)

(e) Grosssalesprice

(h) Gainor (loss)
(e) plus (f) minus(g)

(g) Costor other basis
plus expenseof sale

25.639.
178,144.
7.361.

25 639.
178,144.
7 361.

a
b
C

e
f

0.
0.
0.

750.
944.
900.

750.
944.
900.

d

24,472.
2.572.
1,785.
950.

24 472.
2 572.
1 785.
950.

a
h
I
I

k
I
m
n
0

Completeonly for assetsshowing gain in column (h) and ownedby the foundationon 12/31/69

(i) F.M.V.as of 12/31/69

(i) Ad1ustedbasis
as of 12/31/69

(I) Losses(from col. (h))
Gains(excessof col. (h) gain over col. (k),
but not less than"-0-')

(k) Excessof col. (1)
overcol. (J), 1fany

25.639.
178,144.
7.361.

a
b
C

0.
0.
0.

d
e
f

24.472.
2,572.
1.785.
950.

!l

h
I

I

k
I
m

n
0

2 Capitalgain net incomeor (net capital loss)

{ If gain,also enter in Part I, line7 }
If (loss), enter·-o-·
in Part I, line 7

2

}

3 Netshort-termcapitalgain or (loss) as definedin sections 1222(5)and (6):
If gain,also enterin Part I, line 8, column (c).
If (loss), enter '-0-" in Part I, line8

3

10 462.616.
NIA

423591
05-01-14

18
11101116

796085

367244615

2014.04020

THE SEARLE FREEDOM TRUST C/

36724461

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

---

-

~HE ~EARLE FREEDOM TRUST C/0
FORM 990-PF

PURCHASED VARIOUS

( C)
COST OR
OTHER BASIS

16,715.

(D)
EXPENSE OF
SALE

( C)
COST OR
OTHER BASIS

(D)
EXPENSE OF
SALE

o.

367244615

( C)
COST OR
OTHER BASIS

2014.04020

89.

0.

DATE
ACQUIRED DATE SOLD

PURCHASED VARIOUS

(D)
EXPENSE OF
SALE
0.

GAIN OR LOSS

DEPREC.

MANNER
ACQUIRED

FLOW THROUGHFROM BENCHMARKCAPITAL PARNTERS
V

o.

VARIOUS
( F)

( E)

o.

(A)
DESCRIPTION OF PROPERTY

796085

16,715.

0.

PURCHASED VARIOUS

89.

11101116

GAIN OR LOSS

DEPREC.

DATE
MANNER
ACQUIRED ACQUIRED DATE SOLD

FLOW THROUGHFROM BANK LANE

19,991.

VARIOUS
( F)

( E)

o.

0.

(A)
DESCRIPTION OF PROPERTY

( B)
GROSS
SALES PRICE

1

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

FLOW THROUGHFROM ADVENT INTL GPE V

( B)
GROSS
SALES PRICE

STATEMENT

FROM SALE OF ASSETS

(A)
DESCRIPTION OF PROPERTY

( B)
GROSS
SALES PRICE

-

36-7244615

KINSHIP TRU

GAIN OR (LOSS)

-

VARIOUS
( F)

( E)

GAIN OR LOSS

DEPREC.
0.

19,991.

30
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

-

-

 .THE qEARLE FREEDOM TRUST C/0 KINSHIP

36-7244615

TRU
MANNER
ACQUIRED

(A).

DESCRIPTION OF PROPERTY
FLOW THROUGHFROM ENCAP ENERGY CAPITAL FUND V
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

FLOW THROUGHFROM FOUNDATION CAPITAL IV

(C)
COST OR
OTHER BASIS

(B)

8,352.

0.

11101116

796085

367244615

2014.04020

GAIN OR LOSS

o.

50,316.

DATE
ACQUIRED

(E)

(D)

707.

VARIOUS

DATE SOLD

PURCHASED VARIOUS

FLOW THROUGH FROM GLOBAL PRIVATE EQUITY IV

0.

DATE SOLD

(F)

DEPREC.

MANNER
ACQUIRED

( C)

DATE
ACQUIRED

0.

(A)

COST OR
OTHER BASIS

8,352.

(E)

( D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

( B)

GAIN OR LOSS

PURCHASED VARIOUS

0.

GROSS
SALES PRICE

VARIOUS

o.

0.

FLOW THROUGH FROM FOUNDATION CAPITAL V

50,316.

DATE SOLD

(F)

DEPREC.

MANNER
ACQUIRED

(C)
COST OR
OTHER BASIS

DATE
ACQUIRED

(E)

(D)

EXPENSE OF
SALE

(A)

( B)

19,901.

PURCHASED VARIOUS

DESCRIPTION OF PROPERTY

GROSS
SALES PRICE

GAIN OR LOSS

o.

MANNER
ACQUIRED

(A)

GROSS
SALES PRICE

DEPREC.

o.

DESCRIPTION OF PROPERTY

VARIOUS
(F)

( E)

EXPENSE OF
SALE
0.

DATE SOLD

PURCHASED VARIOUS

(D)

19,901.

DATE
ACQUIRED

EXPENSE OF
SALE

o.

VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

-707.

STATEMENT(S) 1
31
THE SEARLE FREEDOM TRUST C/ 36724461

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

-

,THE qEARLE FREEDOM TRUST C/0

KINSHIP

TRU

36-7244615

MANNER
ACQUIRED

(A).

DESCRIPTION OF PROPERTY
FLOW THROUGH FROM HOLDEN VENTURES IIID
(B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

1,354,664.

'FLOW THROUGH FROM KTC DEVELOPED INTL
( C)

94,240.

( D)

FLOW THROUGH FROM KTC HEDGE PRODUCTS
( B)

(C)

COST OR
OTHER BASIS

( D)

3,318,948.

0.

11101116

796085

367244615

(D)

DEPREC.

2014.04020

0.

VARIOUS

GAIN OR LOSS
3,318,948.

0.

DATE
ACQUIRED

DATE SOLD
VARIOUS
( F)

(E)

EXPENSE OF
SALE

DATE SOLD

( F)

PURCHASED VARIOUS

FLOW THROUGH FROM KTC INTL EMERGING

0.

DATE
ACQUIRED

(E)

MANNER
ACQUIRED

(A)

(C)
COST OR
OTHER BASIS

94,240.

0•

0.

DESCRIPTION OF PROPERTY

VARIOUS

GAIN OR LOSS

PURCHASED VARIOUS
EXPENSE OF
SALE

DATE SOLD

( F)

DEPREC.

MANNER
ACQUIRED

(A)

GROSS
SALES PRICE

1,354,664.

DATE
ACQUIRED

0.

DESCRIPTION OF PROPERTY

0.

o.

(E)

EXPENSE OF
SALE

VARIOUS

GAIN OR LOSS

PURCHASED VARIOUS

0.

( B)

DEPREC.

MANNER
ACQUIRED

COST OR
OTHER BASIS

DATE SOLD

(F)

0.

(A)

GROSS
SALES PRICE

(E)

( D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

(B)

DATE
ACQUIRED

PURCHASED VARIOUS

0.

GROSS
SALES PRICE

-

DEPREC.

GAIN OR LOSS
0.

0.

32
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

-

-

 ,THE ~EARLE FREEDOM TRUST C/0 KINSHIP TRU

36-7244615
MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

(A).

DESCRIPTION OF PROPERTY
FLOW THROUGHFROM KTC LARGE VALUE
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

PURCHASED VARIOUS
( D)

o.

529,530.

FLOW THROUGH FROM KTC SMALL CAP
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

371,568.

GAIN OR LOSS

o.

371,568.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

FLOW THROUGH FROM MDCP IV

PURCHASED VARIOUS

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

54.

(E)

(D)

EXPENSE OF
SALE

GAIN OR LOSS

0.

54.

MANNER
DATE
ACQUIRED ACQUIRED

(A)

FLOW THROUGH FROM MDCP IV GLOBAL

PURCHASED VARIOUS

(C)
COST OR
OTHER BASIS

(E)

(D)

EXPENSE OF
SALE

o.

2014.04020

0.

VARIOUS
(F)

DEPREC.

o.

0•

DESCRIPTION OF PROPERTY

367244615

VARIOUS
(F)

DEPREC.

o.

(A)

796085

529,530.

(E)

(D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

11101116

o.

PURCHASED VARIOUS

0.

0.

GAIN OR LOSS

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

(A)

( B)

( F)

DEPREC.

0.

DESCRIPTION OF PROPERTY

GROSS
SALES PRICE

( E)

EXPENSE OF
SALE

VARIOUS

DATE SOLD
VARIOUS
(F)

DEPREC.

GAIN OR LOSS
0.

0.

33
STATEMENT(S} 1
THE SEARLE FREEDOM TRUST C/ 36724461

 ,THE SEARLE FREEDOM TRUST C/0

KINSHIP TRU

36-7244615
MANNER
DATE
ACQUIRED ACQUIRED

{A).

DESCRIPTION OF PROPERTY
FLOW THROUGH FROM NEXUS CAPITAL II
{ B)

{ C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

o.

PURCHASED VARIOUS

0.

{ B)

{ C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

99.

GAIN OR LOSS
0.

0.

PURCHASED VARIOUS

GAIN OR LOSS

DEPREC.

o.

0.

0.

VARIOUS
(F)

{ E)

{ D)

EXPENSE OF
SALE

99.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

{A)

DESCRIPTION OF PROPERTY

PURCHASED VARIOUS

FLOW THROUGH FROM OCM OPPORTUNITIES III
{ B)

{ C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

{B)

{ C)

COST OR
OTHER BASIS

2014.04020

0.

VARIOUS
{ F)

{ E)

{ D)

EXPENSE OF
SALE
0.

DATE
ACQUIRED DATE SOLD

PURCHASED VARIOUS

FLOW THROUGH FROM OCM PRINCIPAL OPP II
GROSS
SALES PRICE

850.

0.

MANNER
ACQUIRED

{A)

GAIN OR LOSS

DEPREC.

0•

DESCRIPTION OF PROPERTY

VARIOUS
{F)

{ E)

{ D)

EXPENSE OF
SALE

o.

850.

367244615

DEPREC.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

FLOW THROUGH FROM OCM OPPORTUNITIES II

796085

VARIOUS
(F)

0.

{A)

11101116

{E)

{ D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

1,303.

DATE SOLD

GAIN OR LOSS

DEPREC.
0.

1,303.

34
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

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

---

!!'HE S,EARLE FREEDOM TRUST C/0 KINSHIP TRU
(A)

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

.

FLOW THROUGHFROM PROSPECT VENTURE PARTNERS
III
(C)
COST OR
OTHER BASIS

( B)

0•

(B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

o.

-47,735.

DATE SOLD
VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

0.

-3,302.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

(A)

DESCRIPTION OF PROPERTY
FLOW THROUGHFROM RHO VENTURES V

PURCHASED VARIOUS

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

EXPENSE OF
SALE

67,925.

0.

( D)

(E)

FLOW THROUGH FROM SCF-VI

GAIN OR LOSS

o.

-67,925.

DATE
ACQUIRED DATE SOLD

PURCHASED VARIOUS

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

( D)

(E)

EXPENSE OF
SALE
0.

2014.04020

o.

VARIOUS
(F)

DEPREC.

MANNER
ACQUIRED

(A)

DESCRIPTION OF PROPERTY

367244615

GAIN OR LOSS

(E)

(D)

3,302.

0.

796085

DEPREC.

PURCHASED VARIOUS
EXPENSE OF
SALE

VARIOUS
(F)

MANNER
DATE
ACQUIRED ACQUIRED

FLOW THROUGHFROM QUARTER CENTURY

86,440.

(E)

o.

47,735.

(A)

11101116

PURCHASED VARIOUS

(D)
EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

0.

-

36-7244615

DESCRIPTIGN OF PROPERTY

GROSS
SALES PRICE

--

VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

86,440.

35
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

-

 THE SEARLE FREEDOM TRUST C/0
(A)

KINSHIP

TRU

36-7244615
MANNER
ACQUIRED

.

DESCRIPTION OF PROPERTY
FLOW THROUGH FROM THACKERAY PARTNERS REALTY
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

o.

( D)

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

0.

DATE
ACQUIRED

DATE SOLD

DEPREC.

GAIN OR LOSS

o.

MANNER
ACQUIRED

FLOW THROUGH FROM ADVISORS IV

VARIOUS
(F)

o.

0.

(A)

3,379.

DATE
ACQUIRED

DATE SOLD

PURCHASED VARIOUS

(C)
COST OR
OTHER BASIS

1,517,312.

(E)

( D)

EXPENSE OF
SALE

DEPREC.

FLOW THROUGH FROM WELSH, CARSON, ANDERSON &
STOWE IX
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

(D)

2014.04020

1,517,312.

DATE
ACQUIRED

DATE SOLD

PURCHASED VARIOUS
(E)

EXPENSE OF
SALE

o.

GAIN OR LOSS

o.

MANNER
ACQUIRED

(A)

VARIOUS
(F)

o.

0.

DESCRIPTION OF PROPERTY

367244615

0.

(E)

( D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

796085

GAIN OR LOSS

PURCHASED VARIOUS

3,379.

11101116

VARIOUS
(F)

DEPREC.

MANNER
ACQUIRED

FLOW THROUGH FROM THE ADVISORS

29,448.

(E)

o.

0.

(A)

( B)

PURCHASED VARIOUS

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

GROSS
SALES PRICE

DATE
ACQUIRED DATE SOLD

o.

VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

29,448.

STATEMENT(S) 1
36
THE SEARLE FREEDOM TRUST C/ 36724461

 ~HES.EARLE FREEDOM TRUST C/0

36-7244615

KINSHIP TRU

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

(A).

DESCRIPTION OF PROPERTY
FLOW THROUGHFROM WELSH, CARSON, ANDERSON &
STOWE VIII
(B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

(D)
EXPENSE OF
SALE

o.

234.

FROM BANK LANE

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

DESCRIPTION OF PROPERTY
FROM QUARTER CENTURY
( C)

GROSS
SALES PRICE

GAIN FROM ENCAP ENERGY

(B)

(C)

GROSS
SALES PRICE

COST OR
OTHER BASIS
0•

11101116

796085

367244615

489.

2014.04020

GAIN OR LOSS
3,002.

0.

DATE
ACQUIRED DATE SOLD

PURCHASED VARIOUS

EXPENSE OF
SALE

o.

VARIOUS
(F)

(E)

(D)

VARIOUS
(F)

DEPREC.

MANNER
ACQUIRED

(A)

FLOW THROUGH SEC 1231
CAPITAL FUND V

DATE
ACQUIRED DATE SOLD

o.

DESCRIPTION OF PROPERTY

440.

0.

( E)

EXPENSE OF
SALE
0.

GAIN OR LOSS

PURCHASED VARIOUS

(D)

3,002.

VARIOUS
(F)

DEPREC.

MANNER
ACQUIRED

COST OR
OTHER BASIS

DATE
ACQUIRED DATE SOLD

0.

0•

( B)

234.

( E)

EXPENSE OF
SALE

(A)

FLOW THROUGH SEC 1231

o.

PURCHASED VARIOUS
( D)

440.

GAIN OR LOSS

DEPREC.

MANNER
ACQUIRED

DESCRIPTION OF PROPERTY

VARIOUS
(F)

(E)

o.

(A)

FLOW THROUGH SEC 1231

PURCHASED VARIOUS

GAIN OR LOSS

DEPREC.
0.

-489.

37
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

 .THE ~EARLE FREEDOM TRUST C/0

KINSHIP

TRU

36-7244615
MANNER
ACQUIRED

(A).

DESCRIPTION OF PROPERTY
FLOW THROUGH SEC 1231
PRODUCTS

GAIN FROM KTC HEDGE

(C)
COST OR
OTHER BASIS

( B)

GROSS
SALES PRICE

o.

(C)
COST OR
OTHER BASIS

GAIN FROM NORTH PIER
( C)

COST OR
OTHER BASIS
1,518.

0.

GAIN FROM THACKERAY

( B)

(C)

COST OR
OTHER BASIS

11101116

796085

367244615

0.

2014.04020

-1,518.

0.

DATE
ACQUIRED

o.

DATE SOLD
VARIOUS
( F)

(E)

(D)

VARIOUS

GAIN OR LOSS

PURCHASED VARIOUS

EXPENSE OF
SALE

DATE SOLD

( F)

DEPREC.

MANNER
ACQUIRED

(A)

GROSS
SALES PRICE

8.

DATE
ACQUIRED

0.

DESCRIPTION OF PROPERTY

56,906.

0.

( E)

( D)

VARIOUS

GAIN OR LOSS

PURCHASED VARIOUS

EXPENSE OF
SALE

DATE SOLD

( F)

DEPREC.

MANNER
ACQUIRED

( B)

-1,126.

DATE
ACQUIRED

0.

(A)

FLOW THROUGH SEC 1231
PARTNERS REALTY FUND

o.

( E)

( D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

GROSS
SALES PRICE

GAIN OR LOSS

PURCHASED VARIOUS

0.

8•

FLOW THROUGH SEC 1231
APARTMENTS

DEPREC.

MANNER
ACQUIRED

GAIN FROM MADISON

VARIOUS
(F)

0.

(A)

( B)

(E)

(D)

EXPENSE OF
SALE

1,126.

GROSS
SALES PRICE

DATE SOLD

PURCHASED VARIOUS

DESCRIPTION OF PROPERTY
FLOW THROUGH SEC 1231
DEARBORN IV

DATE
ACQUIRED

GAIN OR LOSS

DEPREC.

o.

56,906.

38
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

 ~HE S~ARLE FREEDOM TRUST C/0
(A)

KINSHIP

36-7244615

TRU
MANNER
DATE
ACQUIRED ACQUIRED

.

DESCRIPTION OF PROPERTY
GAIN FROM THE ADVISORS

FLOW THROUGH SEC 1231
IV

(C)
COST OR
OTHER BASIS

( B)

GROSS
SALES PRICE

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

5,541.

FROM KTC HEDGE PRODUCTS

GROSS
SALES PRICE

COST OR
OTHER BASIS

(C)
COST OR
OTHER BASIS

o.

11101116

796085

367244615

o.

230.

2014.04020

-267,442.

DATE
ACQUIRED

(E)

( D)

EXPENSE OF
SALE
0.

VARIOUS

GAIN OR LOSS

PURCHASED VARIOUS

INCOME FROM THE

DATE SOLD

(F)

DEPREC.

MANNER
ACQUIRED

DESCRIPTION OF PROPERTY

5,541.

DATE
ACQUIRED

o.

(A)

GROSS
SALES PRICE

o.

(E)

EXPENSE OF
SALE

VARIOUS

GAIN OR LOSS

PURCHASED VARIOUS

(D)

267,442.

(B)

DATE SOLD

(F)

DEPREC.

MANNER
ACQUIRED

(A)

( C)

-89.

DATE
ACQUIRED

0.

DESCRIPTION OF PROPERTY

FLOW THROUGH SEC 1256
ADVISORS IV

o.

(E)

EXPENSE OF
SALE
0.

(B)

GAIN OR LOSS

PURCHASED VARIOUS
( D)

( B)

0.

DEPREC.

MANNER
ACQUIRED

FROM KTC DEVELOPED

VARIOUS
(F)

0.

(A)

FLOW THROUGH SEC 1256

(E)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY
FLOW THROUGH SEC 1256

PURCHASED VARIOUS

( D)

89.

0.

DATE SOLD

DATE SOLD
VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

-230.

39
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

 ~HE S~ARLE FREEDOM TRUST C/0 KINSHIP TRU
{A)

36-7244615
MANNER
DATE
ACQUIRED ACQUIRED

.

DESCRIPTION OF PROPERTY
HARRIS BANK N.A.

- SEE ATTACHED

PURCHASED VARIOUS

{ C}

COST OR
OTHER BASIS

EXPENSE OF
SALE

124,783.

62,955.

0.

(D}

HARRIS BANK N.A.

- SEE ATTACHED

{ B}

{ C}

COST OR
OTHER BASIS

EXPENSE OF
SALE

418,749.

0.

3,176,582.

PLACER CREEK DISTRIBUTION

IN EXCESS OF BASIS

{ B}

{ C}

GROSS
SALES PRICE

COST OR
OTHER BASIS

152.

796085

VARIOUS

GAIN OR LOSS

o.

2,757,833.

VARIOUS
{F}

DEPREC.

GAIN OR LOSS

o.

152.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

IN EXCESS OF BASIS

367244615

DEPREC.

0.

{A}

11101116

DATE SOLD

{F}

{E}

{ D}

DESCRIPTION OF PROPERTY

2,855.

61,828.

PURCHASED VARIOUS

EXPENSE OF
SALE
0.

(B}

o.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

{A}

GROSS
SALES PRICE

GAIN OR LOSS

(E}

{ D}

DESCRIPTION OF PROPERTY

DISTRIBUTION

DEPREC.

PURCHASED VARIOUS

GROSS
SALES PRICE

VARIOUS
(F}

MANNER
DATE
ACQUIRED ACQUIRED

{A)

DESCRIPTION OF PROPERTY

SPINDRIFT

{E}

{B)

GROSS
SALES PRICE

DATE SOLD

(C}
COST OR
OTHER BASIS

PURCHASED VARIOUS
{E}

(D}

EXPENSE OF
SALE

o.

2014.04020

0.

VARIOUS
{F}

DEPREC.

GAIN OR LOSS

o.

2,855.

40
STATEMENT{S} 1
THE SEARLE FREEDOM TRUST C/ 36724461

 ---

,THE ~EARLE FREEDOM TRUST C/0 KINSHIP

{B)

{C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

PURCHASED VARIOUS

(D)
EXPENSE OF
SALE

o.

599.

OF APOLLO INVESTMENT III

VIA THE

(C)
COST OR
OTHER BASIS

4,940.

0.

( C)
COST OR
OTHER BASIS

GAIN OR LOSS

DEPREC.

4,940.

0.

PURCHASED VARIOUS

{D)
EXPENSE OF
SALE

DISPOSITION OF OCM OPPORTUNITIES II
ADVISORS IV
( B)

{ C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

VIA
(D)

2014.04020

-6,193.

0•

DATE
ACQUIRED DATE SOLD

PURCHASED VARIOUS

0.

VARIOUS
(F)

(E)

EXPENSE OF
SALE
0.

GAIN OR LOSS

DEPREC.

MANNER
ACQUIRED

(A)

VARIOUS
( F)

( E)

o.

6,193.

DESCRIPTION OF PROPERTY

367244615

VARIOUS
( F)

(E)

0.

OF OCM REAL ESTATE OPP A VIA THE

796085

599.

0.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

o.

11101116

VARIOUS

GAIN OR LOSS

DEPREC.

PURCHASED VARIOUS

{D)
EXPENSE OF
SALE

(A)
DESCRIPTION OF PROPERTY

59,782.

--

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

(A)

{B)
GROSS
SALES PRICE

-

( F)

{ E)

0.

DESCRIPTION OF PROPERTY

DISPOSITION
ADVISORS

-

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

OF OCM OPPORTUNITIES FUND II

{B)
GROSS
SALES PRICE

-

36-7244615

{A).

DISPOSITION
ADVISORS

-

TRU

DESCRIPTION OF PROPERTY
DISPOSITION

---

GAIN OR LOSS

DEPREC.

o.

59,782.

41
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

-

-

-

 ~HE S~ARLE FREEDOM TRUST C/0 KINSHIP TRU
(A)

36-7244615
MANNER
ACQUIRED

.

DESCRIPTION OF PROPERTY
DISPOSITION OF OCM REAL ESTATE OPP II
ADVISORS IV

VIA

(C)
COST OR
OTHER BASIS

( B)

GROSS
SALES PRICE
3,810.

PURCHASED VARIOUS
( D)

DISPOSITION OF AG CAPITAL RECOVERY IV VIA
ADVISORS IV
(C)
COST OR
OTHER BASIS

o.

PURCHASED VARIOUS
( D)

OF BENCHMARKCAPITAL

VIA THE

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

o.

o.

0.

MANNER
ACQUIRED

DATE
ACQUIRED DATE SOLD

PURCHASED VARIOUS

ADVISORS IV - SEE ATTACHED
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

367244615

GAIN OR LOSS

DEPREC.

o.

(A)

796085

VARIOUS
(F)

( E)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

11101116

DATE
ACQUIRED DATE SOLD

PURCHASED VARIOUS
(D)

o.

-6,250.

0.

MANNER
ACQUIRED

(A)

GAIN OR LOSS

DEPREC.

o.

6,250.

VARIOUS
( F)

( E)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

6,395.

3,810.

0.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

(A)

DISPOSITION
ADVISORS

GAIN OR LOSS

DEPREC.

0.

DESCRIPTION OF PROPERTY

( B)

VARIOUS
( F)

(E)

EXPENSE OF
SALE
0.

GROSS
SALES PRICE

DATE
ACQUIRED DATE SOLD

1,144.

2014.04020

(F)

(E)

(D)

EXPENSE OF
SALE
0.

VARIOUS

DEPREC.

GAIN OR LOSS
0.

5,251.

42
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

 -----

'.!'HE S,EARLE FREEDOM TRUST C/0
(A)

KINSHIP

TRU
MANNER
ACQUIRED

.

IN EXCESS OF BASIS VIA

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

(C)
COST OR
OTHER BASIS

GROSS
SALES PRICE
0.

EXPENSE OF
SALE
0.

0.

( D)

0.

11101116

796085

367244615

VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

o.

DATE
ACQUIRED

(E)

EXPENSE OF
SALE

2014.04020

DATE SOLD

DATE SOLD

PURCHASED VARIOUS
( D)

0.

o.

DATE
ACQUIRED

0•

CAYMANADVISORS IV - PRIOR

0.

o.

MANNER
ACQUIRED

(C)
COST OR
OTHER BASIS

GAIN OR LOSS

(E)

EXPENSE OF
SALE

(A)

( B)

VARIOUS

PURCHASED VARIOUS

DESCRIPTION OF PROPERTY

GROSS
SALES PRICE

DATE SOLD

(F)

DEPREC.

MANNER
ACQUIRED

(C)
COST OR
OTHER BASIS

o.

DATE
ACQUIRED

0.

AG RECOVERY DISTRIBUTION VIA ADVISORS IV

SILVER LAKE II
YEAR PFIC

o.

(E)

(D)

(A)

( B)

GAIN OR LOSS

PURCHASED VARIOUS

DESCRIPTION OF PROPERTY

GROSS
SALES PRICE

DEPREC.

MANNER
ACQUIRED
IN EXCESS OF

VARIOUS
(F)

0.

DESCRIPTION OF PROPERTY

( B)

(E)

EXPENSE OF
SALE

(A)

OCM PRINC OPP II DISTRIBUTION
BASIS VIA ADVISORS IV

DATE
ACQUIRED DATE SOLD

PURCHASED VARIOUS

(D)

0.

0•

-

36-7244615

DESCRIPTION OF PROPERTY
NCCP II DISTRIBUTION
ADVISORS IV

----

0.

VARIOUS
(F)

DEPREC.

GAIN OR LOSS
0.

0.

43
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

 -

-

--

-

-

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

.THE ~EARLE FREEDOM TRUST C/0

KINSHIP TRU

36-7244615
MANNER
ACQUIRED

(A).

DESCRIPTION OF PROPERTY
FLOW THROUGH FROM ENCAP ENERGY CAPITAL FUND V

(C)
COST OR
OTHER BASIS

(B)

GROSS
SALES PRICE
1,546.

( B)

( C)

COST OR
OTHER BASIS

o.

o.

1,546.

(E)

( D)

EXPENSE OF
SALE

1,671.

DEPREC.

( C)

COST OR
OTHER BASIS

( C)

2014.04020

GAIN OR LOSS

o.

439.

DATE
ACQUIRED

(E)

( D)

EXPENSE OF
SALE

o.

VARIOUS

DATE SOLD

PURCHASED VARIOUS

FLOW THROUGH FROM KTC DEVELOPED INTL
COST OR
OTHER BASIS

DATE SOLD

(F)

DEPREC.

MANNER
ACQUIRED

(A)

( B)

DATE
ACQUIRED

0.

DESCRIPTION OF PROPERTY

GROSS
SALES PRICE

-1,671.

(E)

( D)

EXPENSE OF
SALE

o.

439.

GAIN OR LOSS

PURCHASED VARIOUS

FLOW THROUGH FROM FOUNDATION CAPITAL V
( B)

VARIOUS

o.

MANNER
ACQUIRED

(A)

GROSS
SALES PRICE

DATE SOLD

(F)

0.

DESCRIPTION OF PROPERTY

367244615

GAIN OR LOSS

PURCHASED VARIOUS

FLOW THROUGH FROM FOUNDATION CAPITAL IV

796085

DEPREC.

MANNER
DATE
ACQUIRED ACQUIRED

GROSS
SALES PRICE

VARIOUS
(F)

o.

(A)

11101116

(E)

( D)

DESCRIPTION OF PROPERTY

DATE SOLD

PURCHASED VARIOUS

EXPENSE OF
SALE
0.

12,611.

DATE
ACQUIRED

o.

VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

12,611.

44
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

 ,THE ~EARLE FREEDOM TRUST C/0 KINSHIP TRU

36-7244615

MANNER
DATE
ACQUIRED ACQUIRED

(A).

DESCRIPTION OF PROPERTY
i

FLOW THROUGHFROM KTC HEDGE PRODUCTS
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

PURCHASED VARIOUS

(B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

25,639.

0.

VARIOUS

GAIN OR LOSS

o.

178,144.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

FLOW THROUGH FROM THE ADVISORS IV
(B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

367244615

DATE SOLD

(F)

DEPREC.

0.

0.

(A)

796085

25,639.

(E)

(D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

11101116

o.

PURCHASED VARIOUS

(C)
COST OR
OTHER BASIS

178,144.

VARIOUS

GAIN OR LOSS

MANNER
DATE
ACQUIRED ACQUIRED

FLOW THROUGH FROM KTC SMALL CAP

DATE SOLD

(F)

DEPREC.

0.

(A)

7,361.

1,547,471.

(E)

(D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

(B)

o.

PURCHASED VARIOUS

FLOW THROUGHFROM KTC LARGE VALUE

GROSS
SALES PRICE

GAIN OR LOSS

MANNER
DATE
ACQUIRED ACQUIRED

(A)

DESCRIPTION OF PROPERTY

VARIOUS
(F)

DEPREC.

o.

o.

1,547,471.

(E)

(D)

EXPENSE OF
SALE

DATE SOLD

PURCHASED VARIOUS
(E)

(D)

EXPENSE OF
SALE

o.

2014.04020

0.

VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

7,361.

STATEMENT(S) 1
45
THE SEARLE FREEDOM TRUST C/ 36724461

 JHE SEARLE FREEDOM TRUST C/0
(A)

KINSHIP

TRU

36-7244615
MANNER
DATE
ACQUIRED ACQUIRED

.

DESCRIPTION OF PROPERTY
SHARP PROJECTOR

PURCHASED 09/08/08

( B)

(C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

CONFERENCING TELEPHONE
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

DATE SOLD

DEPREC.

o.

944.

STUDIO 15 LAPTOP

GAIN OR LOSS
0.

944.

MANNER
ACQUIRED

(A)

12/31/14
( F)

(E)

(D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

DATE
ACQUIRED

DATE SOLD

PURCHASED 06/24/10

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

o.

1,000.

( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

24,472.

367244615

(E)

(D)

2014.04020

DATE
ACQUIRED

PURCHASED VARIOUS

EXPENSE OF
SALE
0.

-100.

900.

MANNER
ACQUIRED

- ADVISORS IV - DIST IN EXCESS

GAIN OR LOSS

DEPREC.

0.

(A)

0.

12/31/14
( F)

( E)

(D)

EXPENSE OF
SALE

DESCRIPTION OF PROPERTY

796085

0•

PURCHASED 12/03/08

0.

11101116

750.

MANNER
DATE
ACQUIRED ACQUIRED

(A)

DESCRIPTION OF PROPERTY

FOUNDATION II
OF BASIS

GAIN OR LOSS

DEPREC.

o.

750.

0.

12/31/14
( F)

( E)

( D)

EXPENSE OF
SALE

DATE SOLD

DATE SOLD
VARIOUS
(F)

DEPREC.

GAIN OR LOSS

o.

24,472.

46
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

 ------

1HE S~ARLE FREEDOM TRUST C/0 KINSHIP
(A)

TRU

- ADVISORS IV - DIST IN

( B)

( C)

COST OR
OTHER BASIS

GAIN OR LOSS

DEPREC.

o.

VARIOUS
(F)

( E)

EXPENSE OF
SALE
0.

2,572.

0.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

(A)

DESCRIPTION OF PROPERTY
- ADVISORS IV - DIST IN EXCESS OF
( B)

( C)

GROSS
SALES PRICE

COST OR
OTHER BASIS

PURCHASED VARIOUS
( E)

( D)

1,785.

EXPENSE OF
SALE

VARIOUS
( F)

GAIN OR LOSS

DEPREC.

o.

0.

0.

1,785.

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

(A)

DESCRIPTION OF PROPERTY
OCM OPP IV - ADVISORS IV - DIST IN EXCESS OF
BASIS
(C)
COST OR
OTHER BASIS

(B)

PURCHASED VARIOUS

(D)

2,572.

GROSS
SALES PRICE
950.

PURCHASED VARIOUS

0.

( F)

( E)

( D)

EXPENSE OF
SALE
0.

VARIOUS

GAIN OR LOSS

DEPREC.

o.

950.

CAPITAL GAINS DIVIDENDS FROM PART IV
TOTAL TO FORM 990-PF,

11101116

796085

PART I,

367244615

---

MANNER
DATE
ACQUIRED ACQUIRED DATE SOLD

.

GROSS
SALES PRICE

OCM OPP III
BASIS

-

36-7244615

DESCRIPTION OF PROPERTY
OCM PRINC OPP FUND II
EXCESS OF BASIS

-

LINE 6A

2014.04020

0.

11,784,593.

47
STATEMENT(S) 1
THE SEARLE FREEDOM TRUST C/ 36724461

 ,THE qEARLE FREEDOM TRUST C/0
FORM 990-PF

iNTEREST

KINSHIP

TRU

36-7244615

ON SAVINGS AND TEMPORARY CASH INVESTMENTS
( B)

(A)

REVENUE
PER BOOKS

SOURCE
FLOW THROUGH FROM ADVENT
INTERNATIONAL GPE V LP
FLOW THROUGH FROM ADVISORS
FLOW THROUGH FROM ADVISORS IV
FLOW THROUGH FROM BANK LANE
FLOW THROUGH FROM BENCHMARK
CAPITAL PARTNERS V
FLOW THROUGH FROM ENCAP ENERGY
CAPITAL FUND V
FLOW THROUGH FROM FOUNDATION
CAPITAL IV
FLOW THROUGH FROM FOUNDATION
CAPITAL V
FLOW THROUGH FROM HOLDEN
VENTURES IIID
FLOW THROUGH FROM KINSHIP
PARTNERS III
FLOW THROUGH FROM KTC HEDGE
PRODUCTS, LLC
FLOW THROUGH FROM KTC
INTERNATIONAL EMERGING
FLOW THROUGH FROM KTC SMALL
CAP, LLC
FLOW THROUGH FROM MADISON
DEARBORN IV
FLOW THROUGH FROM PROSPECT
VENTURE PARTNERS III
FLOW THROUGH FROM QUARTER
CENTURY
FLOW THROUGH FROM RHO VENTURES
V

FLOW THROUGH FROM SB PARTNERS
FLOW THROUGH FROM THACKERAY
PARTNERS REALTY FUND
FLOW THROUGH FROM WCAS IX
FLOW THROUGH TAX EXEMPT
INTEREST FROM ADVISORS IV
FLOW THROUGH TAX EXEMPT
INTEREST FROM KTC HEDGE
PRODUCTS, LLC
FLOW THROUGH TAX EXEMPT
INTEREST FROM MADISON DEARBORN
IV
MERRILL LYNCH
TOTAL TO PART I,

11101116

796085

LINE 3

367244615

7,075.
826.
15,593.
1.

4.

4.

11.

11.

19.

19.

430.

430.

114.

114.

2014.04020

ADJUSTED
NET INCOME

6.

6.

716,363.
2.

2.

4.

4.

839.

839.

569.

569.

22.

22.

257.
16.

257.
16.

8.
2.

8.
2.

13.

0.

43,378.

0.

26.
7.
785,585.

2

( C)

NET INVESTMENT
INCOME

7,075.
826.
15,593.
1.

716,363.

STATEMENT

0.
7.

742,168.

48
STATEMENT(S)
THE SEARLE FREEDOM TRUST C/ 36724461

2

 :rHE S,EARLE FREEDOM TRUST C/0
FORM 990-PF

GROSS
AMOUNT

FLOW THROUGH FROM
ADVISORS
FLOW THROUGH FROM
ENCAP ENERGY FUND
V
FLOW THROUGH FROM
KTC DEVELOPED
INTERNATIONAL
FLOW THROUGH FROM
KTC HEDGE
PRODUCTS, LLC
FLOW THROUGH FROM
KTC INTERNATIONAL
EMERGING
FLOW THROUGH FROM
KTC LARGE GROWTH
FUND, LLC
FLOW THROUGH FROM
KTC LARGE VALUE
FUND, LLC
FLOW THROUGH FROM
KTC SMALL CAP
FUND, LLC
FLOW THROUGH FROM
QUARTER CENTURY
FLOW THROUGH FROM
THE ADVISORS IV
FLOW THROUGH FROM
WCAS IX
HARRIS CUSTODIAN
ACCOUNT
VANGUARD
TO PART I,

11101116

36-7244615

DIVIDENDS AND INTEREST FROM SECURITIES

SOURCE

I

KINSHIP TRU

LINE 4

796085

0.

68.

0.

1,563.
68.

1,563.
68.

161,105.

0.

161,105.

161,105.

325,776.

0.

325,776.

325,776.

111,642.

0.

111,642.

111,642.

9,257.

0.

9,257.

9,257.

190,343.

0.

190,343.

190,343.

70,896.

0.

70,896.

70,896.

141.

0.

o.
o.
o.
o.
o.

49,741.
523.
11,941.
344.
933,340.

367244615

2014.04020

3

( B)
(A)
(C)
ADJUSTED
REVENUE NET INVESTPER BOOKS MENT INCOME NET INCOME

CAPITAL
GAINS
DIVIDENDS

1,563.

STATEMENT

141.
49,741.

141.
49,741.

523.

523.

11,941.
344.

11,941.
344.

933,340.

933,340.

49
STATEMENT(S) 3
THE SEARLE FREEDOM TRUST C/ 36724461

 ~~~-----

~HE ~EARLE FREEDOM TRUST C/0 KINSHIP TRU
FORM 990-PF

36-7244615

RENTAL INCOME

STATEMENT
ACTIVITY
NUMBER

KIND AND LOCATION OF PROPERTY
FLOW THROUGHFROM MADISON DEARBORN CAPITAL
PARTNERS IV
FLOW THROUGHFROM THACKERAYPARTNERS
FLOW THROUGHFROM KTC HEDGE PRODUCTS
FLOW THROUGHFROM THE ADVISORS
FLOW THROUGHFROM BANK LANE PARTNERS
FLOW THROUGHFROM NORTH PIER APARTMENTS
FLOW THROUGHFROM SB PARTNERS
FLOW THROUGHFROM QUARTER CENTURY
FLOW THROUGHFROM ADVISORS IV
TOTAL TO FORM 990-PF,

PART I,

FORM 990-PF

-894.
1,640.
-3,340.

STATEMENT

OTHER INCOME
( B)

REVENUE
PER BOOKS

STATE TAX REFUND
UNREALIZED GAIN - VANGUARD
FLOW THROUGHORDINARY INCOME FROM
THE ADVISORS
FLOW THROUGHORDINARY INCOME FROM
ADVISORS IV
FLOW THROUGHORDINARY INCOME FROM
APACHE OFFSHORE
FLOW THROUGHORDINARY INCOME FROM
ENCAP ENERGY CAPITAL FUND V
FLOW THROUGHORDINARY INCOME FROM
KTC HEDGE PRODUCTS
FLOW THROUGHORDINARY INCOME FROM
MADISON DEARBORN CAPITAL PTRS IV
FLOW THROUGHORDINARY INCOME FROM
NORTH PIER
FLOW THROUGHORDINARY INCOME FROM
QUARTER CENTURY
FLOW THROUGHORDINARY INCOME FROM
THACKERAY PARTNERS REALTY FUND
FLOW THROUGHOTHER INCOME FROM
ADVISORS IV
FLOW THROUGHOTHER INCOME FROM
ENCAP ENERGY FUND V
FLOW THROUGHOTHER INCOME FROM KTC
DEVELOPED INTL

796085

-11.
-2,050.
-999.
9.
-427.
-608.

2
3
4
5
6
7
8
9
10

(A)

11101116

GROSS
RENTAL INCOME

LINE SA

DESCRIPTION

367244615

2014.04020

4

NET INVESTMENT INCOME

13,827.
731.

(C)
ADJUSTED
NET INCOME

0•
0•

-9,216.

-9,216.

1,782.

1,782.

923.

5

923.

7,005.

7,005.

7,305.

7,305.

1,263.

1,263.

-266.

-266.

377.

377.

-655.

-655.

112.

112.

35.

35.

371.

371.

50
STATEMENT(S) 4, 5
THE SEARLE FREEDOM TRUST C/ 36724461

 :I'HE S,EARLE FREEDOM TRUST C/0

KINSHIP

FLOW THROUGH OTHER INCOME FROM KTC
HEDGE PRODUCTS
FLOW THROUGH OTHER INCOME FROM KTC
INTL EMERGING
FLOW THROUGH OTHER INCOME FROM
MADISON DEARBORN CAPITAL PTRS IV
FLOW THROUGH OTHER INCOME FROM OCM
PRINCIPAL OPP III
FLOW THROUGH OTHER PORTFOLIO INCOME
FROM ADVENT INTL GPE V
FLOW THROUGH OTHER PORTFOLIO INCOME
FROM WCAS VI I I
FLOW THROUGH OTHER PORTFOLIO INCOME
FROM WCAS IX
FLOW THROUGH OTHER PORTFOLIO INCOME
FROM OCM PRINCIPAL OPP II
FLOW THROUGH OTHER PORTFOLIO INCOME
FROM PROSPECT VENTURES III
FLOW THROUGH OTHER PORTFOLIO INCOME
FROM THE ADVISORS
FLOW THROUGH OTHER PORTFOLIO INCOME
FROM THE ADVISORS IV
FLOW THROUGH ROYALTY INCOME FROM
ENCAP ENERGY CAPITAL FUND V
FLOW THROUGH ROYALTY INCOME FROM
KTC HEDGE PRODUCTS
FLOW THROUGH CANCELLATION OF DEBT
INCOME FROM KTC HEDGE PRODUCTS
TOTAL TO FORM 990-PF,

PART I,

LEGAL FEES

796085

600,608.

-2,683.

-2,683.

348.

348.

-1.

-1.

355.

355.

2.

2.

61.

61.

5.

5.

680.

680.

33.

33.

7,134.

7,134.

4,501.

4,501.
108.

108.
15,400.

15,400.

650,145.

635,587.

STATEMENT

( B}
(A}
NET INVESTEXPENSES
PER BOOKS MENT INCOME

DESCRIPTION

'11101116

600,608.

LEGAL FEES

FORM 990-PF

TO FM 990-PF,

LINE 11

36-7244615

TRU

PG 1,

LN 16A

367244615

(C}
ADJUSTED
NET INCOME

(D}
CHARITABLE
PURPOSES

1,535.

0.

1,535.

1,535.

0.

1,535.

2014.04020

6

51
STATEMENT(S} 5, 6
THE SEARLE FREEDOM TRUST C/ 36724461

 .THE qEARLE FREEDOM TRUST C/0
FORM 990-PF

KINSHIP

TRU

ACCOUNTING FEES
(A)

ACCOUNTING
PG 1,

LN 16B

11,670.

11,670.

11,670.

ADJUSTED
NET INCOME

o.
o.
STATEMENT

TAXES
(A)

DESCRIPTION
BACK UP WITHHOLDING VIA
KTC HEDGE PRODUCTS
FEDERAL TAX PAYMENTUBTI
FOREIGN TAXES VIA ADVISORS
IV
FOREIGN TAXES VIA KTC
DEVELOPED INTERNATIONAL
FOREIGN TAXES VIA ENCAP
ENERGY V
FOREIGN TAXES VIA KTC
HEDGE PRODUCTS, LLC
FOREIGN TAXES VIA KTC
INTERNATIONAL EMERGING
FOREIGN TAXES VIA KTC
LARGE VALUE FUND
FOREIGN TAXES VIA KTC
SMALL CAP
STATE TAXES
STATE TAX WITHHOLDING VIA
KTC HEDGE PRODUCTS
FOREIGN TAXES VIA HARRIS
BANK
STATE TAX WITHHOLDING VIA
THE ADVISORS - TGM ASSOC
TO FORM 990-PF,

PG 1,

11101116

367244615

LN 18

CHARITABLE
PURPOSES

------

(B)

( C)

EXPENSES
NET INVESTPER BOOKS MENT INCOME
781.
60,000.

0.

o.

2,290.

2,290.

21,189.

21,189.

ADJUSTED
NET INCOME

8

(D)

CHARITABLE
PURPOSES
0.
0.

o.
o.

8.

8.

7

( D)

( C)

(B)

11,670.

FORM 990-PF

796085

STATEMENT

EXPENSES
NET INVESTPER BOOKS MENT INCOME

DESCRIPTION

TO FORM 990-PF,

36-7244615

0.

9,671.

9,671.

0.

14,969.

14,969.

0.

115.

115.

o.

47.
14,200.

47.
0.

0.
0.

0.

0.

so.

0.

0.

0.

5,805.

so.
548.
129,673.

2014.04020

48,339.

0.

52
STATEMENT(S) 7, 8
THE SEARLE FREEDOM TRUST C/ 36724461

 rHE S~ARLE FREEDOM TRUST C/0 KINSHIP TRU
FORM 990-PF

36-7244615
STATEMENT

OTHER EXPENSES

( B)
(A)
EXPENSES
NET INVESTPER BOOKS MENT INCOME

DESCRIPTION
BANK FEES
MISCELLANEOUS
NON-DEDUCTIBLE EXP - MISC
NON-DEDUCTIBLE EXP VIA
ADVISORS IV
NON-DEDUCTIBLE EXP VIA
BENCHMARKCAPITAL PARTNERS V
NON-DEDUCTIBLE EXP VIA ENCAP
ENERGY CAPITAL FUND V
NON-DEDUCTIBLE EXP VIA KTC
HEDGE PRODUCTS
NON-DEDUCTIBLE EXP VIA
MADISON DEARBORN IV
NON-DEDUCTIBLE EXP VIA
THACKERAYPARTNERS
NON-DEDUCTIBLE EXP VIA THE
ADVISORS
OTHER DEDUCTIONS VIA
i ADVISORS IV
OTHER DEDUCTIONS VIA KTC
DEVELOPED INTL
OTHER DEDUCTIONS VIA KTC
HEDGE PRODUCTS
OTHER DEDUCTIONS VIA MDCP IV
PORTFOLIO DEDUCTIONS VIA
ADVENT INTERNATIONAL GPE V
PORTFOLIO DEDUCTIONS VIA
ADVISORS IV
PORTFOLIO DEDUCTIONS VIA
BENCHMARKCAPITAL PARTNERS V
PORTFOLIO DEDUCTIONS VIA COP
SPV
PORTFOLIO DEDUCTIONS VIA
FOUNDATION CAPITAL IV
PORTFOLIO DEDUCTIONS VIA
FOUNDATION CAPITAL V
PORTFOLIO DEDUCTIONS VIA
, GLOBAL PRIVATE EQUITY IV
PORTFOLIO DEDUCTIONS VIA
HOLDEN VENTURES IIID
PORTFOLIO DEDUCTIONS VIA
KINSHIP PARTNERS III
PORTFOLIO DEDUCTIONS VIA KTC
DEVELOPED INTERNATIONAL
PORTFOLIO DEDUCTIONS VIA KTC
HEDGE PRODUCTS

8,012.
879.
1.

8,012.
0.
0.

o.
o.
o.
o.
o.
o.
o.

355.
16.
32.
1,888.
73.
1.
3,352.
312.

312.

(C)
ADJUSTED
NET INCOME

9

(D)

CHARITABLE
PURPOSES

o.
879.
0.
0.
0.

o.
o.
0.
0.
0.

o.

26,832.

26,832.

0.

945,092.
305.

945,092.
305.

0.
0.

7,039.

7,039.

0.

31,539.

31,539.

0.

13,291.

13,291.

0.

356.

356.

0.

63.

63.

0.

19,244.
65.

19,244.
65.

0.
0.

1

1

11101116

796085

367244615

20,606.
93.

20,606.
93.

1,662.

1,662.

116,979.

116,979.

2014.04020

0.
0.
0•

0.

53
STATEMENT(S) 9
THE SEARLE FREEDOM TRUST C/ 36724461

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

~HE ~EARLE FREEDOM TRUST C/0
PORTFOLIO DEDUCTIONS VIA KTC
INTERNATIONAL.EMERGING
PORTFOLIO,DEDUCTIONS VIA KTC
LARGE GROWTHFUND, LLC
PORTFOLIO DEDUCTIONS VIA KTC
LARGE VALUE FUND, LLC
PORTFOLIO DEDUCTIONS VIA KTC
SMALL CAP FUND, LLC
PORTFOLIO DEDUCTIONS VIA
MADISON DEARBORN IV
PORTFOLIO DEDUCTIONS VIA OCM
OPPORTUNITIES FUND II
PORTFOLIO DEDUCTIONS VIA OCM
OPPORTUNITIES FUND III
PORTFOLIO DEDUCTIONS VIA OCM
PRINCIPAL OPPORTUNITIES II
PORTFOLIO DEDUCTIONS VIA
PROSPECT VENTURE PARTNERS
III
PORTFOLIO DEDUCTIONS VIA
QUARTER CENTURY
PORTFOLIO DEDUCTIONS VIA RHO
VENTURES V
PORTFOLIO DEDUCTIONS VIA
SCF-VI
PORTFOLIO DEDUCTIONS VIA
THACKERAY PARTNERS
PORTFOLIO DEDUCTIONS VIA THE
ADVISORS
PORTFOLIO DEDUCTIONS VIA
WELSH CARSON ANDERSEN &
STOWE IX
PORTFOLIO DEDUCTIONS VIA
WELSH CARSON ANDERSEN &
STOWE VII
POSTAGE/SUPPLIES/SHIPPING
PROPERTY & LIABILITY
INSURANCE
ROYALTY DEDUCTIONS VIA ENCAP
ENERGY CAPITAL FUND V
ROYALTY DEDUCTIONS VIA KTC
HEDGE PRODUCTS
SEC 179 EXPENSE VIA KTC
HEDGE PRODUCTS
SEC 59(E)(2)
EXPENDITURES
VIA APACHE OFFSHORE
SEC 59(E)(2)
EXPENDITURES
VIA KTC HEDGE PRODUCTS
UBTI ADJUSTMENT VIA ENCAP
ENERGY V
EQUIPMENT RENTAL/MAINT
FURNITURE
CONSULTING
COMPUTERS & TECHNOLOGY

11101116

796085

367244615

KINSHIP

TRU

36-7244615

18,761.

18,761.

5,190.

5,190.

40,376.

40,376.

0.

46,690.

46,690.

0.

0.

o.

155.

155.

97.

97.

o.

22.

22.

0.

99.

99.

o.

0.

o.
o.

12,628.

12,628.

9,458.

9,458.

15,718.

15,718.

0.

4,997.

4,997.

0.

187.

187.

o.

575.

575.

0.

88.

88.

0.

7.

7.

o.
o.

4,178.
796.
8.

8.

27.

27.

20.

20.

22.

22.

9,990.
0.

2,311.
608.
76,862.
26,518.

2014.04020

9,990.
-5,434.
0.
0.
0.
0.

0.

4,178.
796.
0.

o.
o.
o.
o.
o.
2,311.
608.
76,862.
26,518.

STATEMENT(S) 9
54
THE SEARLE FREEDOMTRUST C/ 36724461

 36-7244615

1HE ~EARLE FREEDOM TRUST C/0 KINSHIP TRU
MEALS & ENTERTAINMENT
UBTI ADJUSTME~T VIA KTC
HEDGE PRogucTS
UBTI ADJUSTMENT VIA MADISON
DEARBORN CAPITAL IV
UBTI ADJUSTMENT VIA QUARTER
CENTURY
UBTI ADJUSTMENT VIA
THACKERAYPARTNERS
UBTI ADJUSTMENT VIA THE
ADVISORS
UBTI ADJUSTMENT VIA ADVISORS
IV
FILING FEES
SEC 59(E)(2)
EXPENDITURES
VIA ENCAP ENERGY V
PORTFOLIO DEDUCTIONS VIA
ENCAP ENERGY V
OTHER DEDUCTIONS VIA ENCAP
ENERGY V
TO FORM 990-PF,

PG 1,

FORM 990-PF

LN 23

13,029.

13,029.

0.

o.

103,607.

0.

0.

1,104.

0.

0.

-7,271.

0.

o.
o.

-39.

O.

0.
205.

1,703.

205.

0.

10,712.

o.
o.
o.

10,712.

163.

163.
1,727.

1,727.
1,500,311.

o.

377.

O.

125,386.

1,463,254.

STATEMENT 10

OTHER DECREASES IN NET ASSETS OR FUND BALANCES

AMOUNT

DESCRIPTION
NON-DEDUCTIBLE CREDITS VIA KTC HEDGE PRODUCTS

78.

TOTAL TO FORM 990-PF,

78.

FORM 990-PF

PART III,

STATEMENT 11

DEPRECIATION OF ASSETS NOT HELD FOR INVESTMENT
COST OR
OTHER BASIS

DESCRIPTION
3 ENTRYWAYCHAIRS
COUCH
LOBBY DISPLAY
8 ZODY TASK CHAIRS
2 SMALL FILE CABINETS
1814M
2 SMALL FILE CABINETS
1813M
8 CONFERENCE CHAIRS
FULL BOOKCASE
TABLE 36"
TABLE 42"

11101116

LINE 5

796085

367244615

ACCUMULATED
DEPRECIATION

BOOK VALUE

FAIR MARKET
VALUE

712.
1,397.
3,627.
3,736.

712.
1,397.
3,627.
3,736.

0.
0.
0.
0.

0.
0.
0.

308.

308.

0.

0.

321.
2,879.
1,208.
1,227.
1,440.

321.
2,879.
1,208.
1,227.
1,440.

0.
0.
0.
0.
0.

o.
o.
o.
0.
o.

2014.04020

0.

55
STATEMENT($) 9, 10, 11
THE SEARLE FREEDOM TRUST C/ 36724461

 ~HE SEARLE FREEDOM TRUST C/0 KINSHIP TRU
CREDENZA
OFS DESK
4 LAT FILE/BOOKCASE
6 OFS DESKS
3 LARGE FILE CABINETS
11 SIDE CHAIRS (BINGO)
2 LEATHER CHAIRS
HP NETWORKSWITCH
HP COLOR PRINTER
3 OF 4 COMPUTERS
SERVER
COPY MACHINE
1 DESK, 3 LATERAL
FILES/BOOKSHELF
6 ZODY TASK CHAIRS
, 1 DESKS , 2 LATERAL FILES
CHICAGO SHELVING BOOKCASE
1 BOOKCASE, 2 ORGANIZERS
1 DESK, 1 CABINET
SERVER - DELL WARRANTY
EXTENSION
5 DELL COMPUTERS
WINDOWS 7 PROFESSIONAL
SOFTWARE
IPAD - MDS
IPAD - SM/JP
IPAD - SH
4 DRAWERLATERAL FILE
MICROEDGE GIFTS
!PAD - RT
3 CHAIRS
21 CHAIRS
SOFABED
• WARDROBE& LOUNGE CHAIR
ARMOIRE
COCKTAIL TABLE AND
BARSTOOLS
TASK CHAIRS
FOOTSTOOL
2 OFFICE CHAIRS
BAR CART
CONFERENCE TABLE
MAC BOOK AIR
PCM SAMSUNGTABLET
IPAD - GA
IPAD - CM AND KD
EPSON PROJECTOR
IPAD - EOM
IPAD - COMPANY
LENOVA LAPTOP
FIREWALL
I

TO 990-PF,

11101116

PART II,

796085

LN 14

367244615

36-7244615

2,074.
3,254.
7,522.
18,541.
1,662.
2,756.
628.
500.
699.
2,859.
5,922.
1,528.

2,074.
3,254.
7,522.
18,541.
1,662.
2,756.
628.
500.
699.
2,859.
5,922.
1,528.

0.
0.
0.

o.

0.
0.

8,095.
2,765.
4,682.
1,797.
2,408.
2,758.

8,095.
2,765.
4,682.
1,797.
2,322.
2,660.

0.
0.
0.
0.

o.
o.
o.
o.

86.
98.

2,990.
3,895.

2,990.
3,570.

325.

636.
629.
1,258.
629.
936.
10,750.
778.
5,670.
13,968.
796.
1,117.
2,700.

636.
556.
1,113.
588.
480.
10,750.
364.
2,228.
5,320.
304.
413.
997.

414.
3,442.
8,648.
492.
704.
1,703.

414.
3,442.
8,648.
492.
704.
1,703.

3,147.
3,543.
494.
2,635.
1,681.
2,738.
1,428.
1,689.
854.
1,624.
997.
871.
613.
846.
817.

1,162.
1,265.
177.
846.
480.
782.
334.
394.
185.
352.
216.
174.
51.
28.
23.

1,985.
2,278.
317.
1,789.
1,201.
1,956.
1,094.
1,295.
669.
1,272.
781.
697.
562.
818.
794.

1,985.
2,278.
317.
1,789.
1,201.
1,956.
1,094.
1,295.
669.
1,272.
781.
697.
562.
818.
794.

158,034.

2014.04020

123,899.

o.

o.
o.
0.
0.
0.
0.

o.

0.
0.

73.
145.
41.
456.
0.

34,135.

0.
0.
0.
0.
0.
0.
0.

o.
o.
o.

86.
98.

o.
325.

o.
73.
145.
41.
456.

o.

34,135.

STATEMENT(S) 11
56
THE SEARLE FREEDOM TRUST C/ 36724461

 ,THE ~EARLE FREEDOM TRUST C/0 KINSHIP TRU
FORM 990-PF

OTHER INVESTMENTS
VALUATION
METHOD

DESCRIPTION

1

ADVENT INTERNATIONAL GPE V
THE ADVISORS
ADVISORS IV
APACHE OFFSHORE
BANK LANE
BENCHMARKCAPITAL V
COP SPV
ENCAP ENERGY V
FOUNDATION CAPITAL IV
FOUNDATION CAPITAL V
GLOBAL PRIVATE EQUITY IV
HOLDEN VENTURES IIID
KINSHIP PARTNERS III
KTC DEVELOPED INTL - F/K/A FPI
KTC HEDGE PRODUCTS
KTC INTL EMERGING - F/K/A FPV
KTC LARGE GROWTHFUND - F/K/A FPXI
KTC LARGE VALUE FUND - F/K/A FPIII
KTC SMALL CAP FUND - F/K/A FPVII
MADISON DEARBORN CAPITAL PARTNERS
IV
MOON CAPITAL
NORTH PIER
OCM OPPORTUNITIES FUND II
OCM OPPORTUNITIES FUND III
OCM PRINCIPAL OPPORTUNITIES II
PROSPECT VENTURES III
QUARTER CENTURY
RHO VENTURES V
SB PARTNERS
SCF VI
SCF VI - OFFSHORE
THACKERAY PARTNERS
WELSH CARSON ANDERSEN & STOWE VIII
WELSH, CARSON, ANDERSON & STOWE IX
CAPITAL SOURCE
SERVICESOURCE INTL INC
RESPONSYS INC
SELECT MEDICAL HOLDINGS CORP
YOOX, S.P.A.
ZILLOW INC
AMBARELLA INC
BETFAIR GROUP PLC
INSMED INC
JAMBA INC
MERRILL LYNCH - 457 PLAN
PROOFPOINT INC

11101116

796085

36-7244615

367244615

2014.04020

COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST
COST

STATEMENT 12
FAIR MARKET
VALUE

BOOK VALUE

411,043.

1,146,716.
667,443.
8,686,412.
12,846.
75,166.
900,578.
136,395.
639,939.
163,640.
503,203.
27,989.
942,765.
38,699.
14,694,165.
65,018,161.
12,198,635.
12,726,864.
12,742,565.
6,214,848.

0.

4,369,000.
16,260.
2,220.
1,054,946.
47,426.
58,565.
229,411.
605,659.
23,877.
500,000.
0.

13,403,226.
65,816,429.
7,313,663.
19,710,535.
14,972,578.
6,777,390.
221,672.
19,348.
8,036.

155,863.
11,687.
-4,448.
0•

0•

5,558.
2,264.
552,876.
93,508.
478,631.
1,620.
348,492.

1,436.
1,782.
481,286.
439,461.
473,074.
-122,076.
183,546.
-1,320.
123,382.
17,656.
100,613.

0.

173,498.
667.
158,173.

0•

0.

0•
0•

0.
0.
0.

o.
o.
0.
0.
0•
0•

0.

19,560.
0.

o.

o.
o.
0.
o.
o.
19,560.
o.

57
STATEMENT(S) 12
THE SEARLE FREEDOM TRUST C/ 36724461

 ---

,THE S,EARLE FREEDOM TRUST C/0

KINSHIP TRU

T-MOBILE INC
YELP!
ASTON FAIRPOINTE MID CAP I
CONTROL4 CORP
FRONTEGRA MFG GLOBAL
KTC STRATEGIC OPPS
TOTAL TO FORM 990-PF,

PART II,

36-7244615

COST
COST
COST
COST
COST
COST

1,284,333.
3,505.
1,403,628.
5,895,649.

LINE 13

148,005,646.

FORM 990-PF

OTHER ASSETS

DESCRIPTION

BEGINNING OF
YR BOOK VALUE

DISTRIBUTIONS RECEIVABLE
SECURITY DEPOSITS
CREDIT CARD RECEIVABLE
TO FORM 990-PF,

PART II,

0.

FORM 990-PF

124,232.

DESCRIPTION
PAYROLL LIABILITIES
DEFERRED COMPENSATION LIABILITY

FORM 990-PF

END OF YEAR
BOOK VALUE

PART II,

145,898,963.

LINE 22

EXPLANATION CONCERNING PART VII-A,

FAIR MARKET
VALUE

316,702.
78,895.
1,150.

316,702.
78,895.
1,150.

396,747.

396,747.

STATEMENT 14

OTHER LIABILITIES

TOTAL TO FORM 990-PF,

1,599,115.
9,791.
1,654,702.
5,239,224.

STATEMENT 13

45,337.
78,895.
LINE 15

0.
0.

0.
0.

BOY AMOUNT

EOY AMOUNT

69.
15,816.

5,180.
19,860.

15,885.

25,040.

LINE 12

STATEMENT 15

EXPLANATION
THE DISTRIBUTION TO THE DONOR ADVISED FUND WAS TREATED AS A QUALIFYING
DISTRIBUTION.
THE DONOR ADVISED FUND DISTRIBUTED SUBSTANTIALLY ALL OF THE
FUNDS BY THE END OF THE YEAR TO EDUCATIONAL AND RELIGIOUS ORGANIZATIONS
THAT ACCOMPLISH A PURPOSE AS DESCRIBED IN SECTION 170(C)(2)(B).

11101116

796085

367244615

2014.04020

58
STATEMENT(S) 12, 13, 14, 15
THE SEARLE FREEDOM TRUST C/ 36724461

 ,THE qEARLE FREEDOM TRUST C/0

KINSHIP

36-7244615

TRU

1

FORM 990-PF

TITLE AND
AVRG HRS/WK

NAME AND ADDRESS
D. GIDEON SEARLE
1055 THOMAS JEFFERSON ST.
SUITE L 26
WASHINGTON, DC 20007
MICHAEL D. SEARLE
1055 THOMAS JEFFERSON ST.
SUITE L 26
WASHINGTON, DC 20007
WILLIAM H. MELLOR
1055 THOMAS JEFFERSON ST.
SUITE L 26
WASHINGTON, DC 20007
I

STEVEN F. HAYWARD
1055 THOMAS JEFFERSON ST.
SUITE L 26
WASHINGTON, DC 20007
KIMBERLY O. DENNIS
1055 THOMAS JEFFERSON ST.
SUITE L 26
WASHINGTON, DC 20007
STEPHEN MOORE
1055 THOMAS JEFFERSON ST.
SUITE L 26
WASHINGTON, DC 20007
JAMES PIERESON
1055 THOMAS JEFFERSON ST.
SUITE L 26
WASHINGTON, DC 20007

TRUSTEE

0.

o.

0.

6,000.

o.

0.

8,000.

0.

1,241.

FAMILY ADVISOR
0.00
GRANT ADVISOR
NW,

I

1.00
GRANT ADVISOR
I

NW,
1.00

2,926.

EXECUTIVE DIRECTOR
I

NW,
40.00

334,235.

14,377.

30,244.

GRANT ADVISOR
I

NW,
1.00

8,000.

0.

0.

6,000.

0.

0.

557,900.

0.

0.

GRANT ADVISOR
I

NW,
1.00

FAMILY ADVISOR

367244615

o.

NW,

I

ETHAN O. MEERS
1055 THOMAS JEFFERSON ST.
SUITE L 26
WASHINGTON, DC 20007

796085

0.

1.00

TRUSTEE

TOTALS INCLUDED ON 990-PF,

EMPLOYEE
BEN PLAN EXPENSE
CONTRIB ACCOUNT

COMPENSATION

NW,

I

KINSHIP TRUST COMPANY, LLC
1055 THOMAS JEFFERSON ST., NW,
SUITE L 26
WASHINGTON, DC 20007

11101116

STATEMENT 16

PART VIII - LIST OF OFFICERS, DIRECTORS
TRUSTEES AND FOUNDATION MANAGERS

I

10.00

NW,

PAGE 6,

PART VIII

2014.04020

o.

0.

0.00

920,135.

30,244.

4,482.

23,026.

59
STATEMENT(S) 16
THE SEARLE FREEDOM TRUST C/ 36724461

 2014 DEPRECIATION AND AMORTIZATION REPORT

990-PF

FORM990-PF PAGE 1
Asset

Description

No

Date
Acquired

Method

Life

No

UnadJusted
CostOr Basis

712.

Line

Bus%

Exel

.

ReductionIn
Basis

BasisFor
Deprec1at1on

Accumulated
Deprec1at1on

Current
Sec179

CurrentYear
Deduction

[FURNITURE&
[FIXTURES
13 ENTRYWAY
CHAIRS 10 13 06SL

7.00

16

2COUCH

08 15 06 SL

7.00

16

1,397.

1,397.

1,397.

3ILOBBYDISPLAY

10 17 06 SL

7.00

16

3,627.

3,627.

3,627.

~8 ZODYTASK CHAIRS 11 10 06 SL
2 SMALLFILE
10 26 06 SL
5::::ABINETS1814M
2 SMALLFILE
10 26 06 SL
6CABINETS 1813M

7.00

16

3,736.

3,736.

3,736.

7.00

16

308.

308.

308.

7.00

16

321.

321.

321.

78 CONFERENCECHAIRS10 26 06 SL

7.00

16

2,879.

2,879.

2,879.

BFULL BOOKCASE

11 06 06 SL

7.00

16

1,208.

1,208.

1,208.

9TABLE 36"

11 06 06 SL

7.00

16

1,227.

1,227.

1,227.

10 TABLE 42"

11 06 06 SL

7.00

16

1,440.

1,440.

1,440.

o.
o.
o.
o.
o.
o.
o.
o.
o.
o.

11 CREDENZA

11 06 06 SL

7.00

16

2,074.

2,074.

2,074.

0.

12 OFS DESK

11 06 06 SL

7.00

16

3,254.

3,254.

3,254.

o.

11 06 06 SL
14 4 LAT FILE/BOOKCASE

7.00

16

7,522.

7,522.

7,522.

0.

15 6 OFS DESKS
3 LARGEFILE
16 ::::ABINETS
11 SIDE CHAIRS
17 (BINGO)

11 06 06 SL

7.00

16

18,541.

18,541.

18,541.

11 06 06SL

7.00

16

1,662.

1,662.

1,662.

12 14 06SL

7.00

16

2,756.

2,756.

2,756.

18 2 LEATHERCHAIRS

09 02 06 ~L

7.00

16

o.
o.
o.
o.

428102

05-01-14

628.

(D) -Asset disposed

60

712.

628.

712.

628.

• ITC, Section 179, Salvage, Bonus, Commercial Rev1talizat1onDeduction

 2014 DEPRECIATIONAND AMORTIZATIONREPORT

FORM 990-PF
Asset

No

Description

Date
Acquired Method

1 DESK, 3 LATERAL
27 !FILES/BOOKSHELF 03 14 07 SL

990-PF

PAGE 1

Lile

Lrne

No

UnadJusted
CostOrBasis

Bus%
Exel

.

Reduction
In
Basis

BasisFor
Deprec1at1on

Accumulated
Deprec1at1on

Current
Sec179

CurrentYear
Deduction

7.00

16

8,095.

8,095.

7,900.

195.

28 6 ZODYTASK CHAIRS 04 13 O'iSL
1 DESKS, 2 LATERAL
05 14 07 SL
29 FILES
CHICAGOSHELVING
03 29 O'iSL
30 BOOKCASE
1 BOOKCASE,2
04 02 08 SL
32 :)RGANIZERS

7.00

16

2,765.

2,765.

2,666.

99.

7.00

16

4,682.

4,682.

4,459.

223.

7.00

16

1,797.

1,797.

1,735.

62.

7.00

16

2,408.

2,408.

1,978.

344.

33 1 DESK, 1 CABINET 04 04 08ISL
4 DRAWER
LATERAL
06 15 11ISL
49 !FILE

7.00

16

2,758.

2,758.

2,266.

394.

7.00

16

54 3 CHAIRS

04 02 12 SL

7.00

16

5,670.

5,670.

1,418.

55 21 CHAIRS

04 27 12 SL

7.00

16

13,968.

13,968.

3,325.

04 27 12ISL
56 SOFABED
WARDROBE
& LOUNGE
05 29 12 SL
57 2HAIR

7.00

16

7.00

16

1,117.

05 29 12 ISL
58 ~OIRE
20CKTAIL TABLEAND
05 29 12 SL
59 BARSTOOLS

7.00

16

7.00

60 TASK CHAIRS

06 21 12 SL

61 FOOTSTOOL

936.

936.

346.

134.
810.
1,995.

190.

114.

1,117.

253.

160.

2,700.

2,700.

611.

386.

16

3,147.

3,147.

712.

450.

7.00

16

3,543.

3,543.

759.

506.

07 03 12 SL

7.00

16

494.

106.

71.

62 2 OFFICE CHAIRS

09 18 12ISL

7.00

16

2,635.

2,635.

470.

376.

63!BARCART

12 21 12ISL

7.00

16

1,681.

1,681.

240.

240.

64 ~ONFERENCETABLE

12 21 12 SL

7.00

16

2 738.

2 738.

391.

391.

428102
05-01-14

796.

494.

(D) - Asset disposed

61

796.

• ITC, Section 179, Salvage, Bonus, Commercial Rev1tahzat1onDeduction

 2014 DEPRECIATION AND AMORTIZATION REPORT

FORM990-PF
Asset

No

Date
Acquired Method

Descnpt10n

990-PF

PAGE 1
Life

Line

No

* 990-PF PG 1 TOTAI
~URNITURE & FIXTUR
MACHINERY&
!EQUIPMENT

Unad1usted
CostOrBasis

Bus%
Exel

*

ReductionIn
Basis

BasisFor
Oeprec1at1on

0. 115,222.

115,222.

Accumulated
Deprec1at1on

83,117.

Current
Sec179

o.

CurrentYear
Deduction

6,950.

SWITCH 10 30 06ISL
19 aP NETWORK

5.00

16

500.

500.

500.

0.

10 30 06 SL

5.00

16

699.

699.

699.

0.

23 3 OF 4 COMPUTERS 10 30 06 SL

5.00

16

2,859.

2,859.

2,859.

0.

24 !SERVER

10 30 06ISL

5.00

16

5,922.

5,922.

5,922.

0.

25~OPY MACHINE

09 18 06ISL

5.00

16

1,528.

1,528.

1,528.

0.

31 (D)SHARP PROJECTOR 09 08 08 SL
(D)CONFERENCING
12 03 08SL
34 tt'ELEPHONE
!SERVER- DELL
EXTENSION 07 08 09ISL
36WARRANTY

5.00

16

750.

750.

750.

0.

5.00

16

944.

944.

944.

0.

5.00

16

2,990.

2,990.

2,691.

299.

39 5 DELL COMPUTERS 06 07 10 SL
WINDOWS7
06 07 10 ISL
40 PROFESSIONALSOFTW~

5.00

16

3,895.

3,895.

2,791.

779.

3.00

16

41 (D)STUDIO 15 LAPTOP06 24 10 SL

5.00

16

43 IPAD - MDS

08 01 10 SL

5.00

16

44 !PAD - SM/JP

08 01 10 ISL

5.00

16

48 !PAD - SH

04 30 10ISL

5.00

16

629.

53 IPAD - RT

08 27 12SL

5.00

16

67 M1lCBOOKAIR

10 28 13 SL

5.00

16

20 HP COLORPRINTER

428102
05-01-14

636.

0.

700.

200.

430.

126.

861.

252.

629.

462.

126.

778.

778.

208.

156.

428.

1 428.

48.

286.

636.

636.

1,000.

1,000.

629.

629.

1,258.

1,258.

1.

(D)-Asset disposed

62

*

ITC,Section 179, Salvage,Bonus,Cornrnerc1al
Rev1tailzat1on
Deduction

 2014 DEPRECIATION AND AMORTIZATION REPORT

990-PF

FORM990-PF PAGE 1
Asset

Description

No

Date
Acquired Method

Life

Line

No

Unad1usted
CostOrBasis

Bus%
Exel

*

Reduction
In
Basis

BasisFor
Accumulated
Oeprec1at1on Deprec1at1on

1,689.

1,689.

Current
Sec179

CurrentYear
Deduction

56.

338.

14.

171.

27.

325.

17.

199.

68 PCM SAMSUNGTABLET 10 28 13 SL

5.00

16

11 18 13 ~L

5.00

16

70 IPAD - CM AND KD

11 18 13 SL

5.00

16

71 EPSON PROJECTOR

11 18 13 SL

5.00

16

997.

997.

72 !PAD - EOM

12 31 13 SL

5.00

16

871.

871.

174.

73 IPAD - COMPANY

07 28 14~L

5.00

16

613.

613.

51.

10 31 14~L
7~ILENOVA LAPTOP
* 990-PF PG 1 TOTAI
MACHINERY& EQUIPM

5.00

16

846.

846.

28.

69 IPAD -

GA

854.

854.

1,624.

1,624.

33,939.

0.

33,939.

22,143.

10,750.

10,152.

0.

3,510.

OTHER
02 17 11SL

3.00

16

12 01 14 SL
75 FIREWALL
* 990-PF PG 1 TOTAL
OTHER
* GRANDTOTAL
990-PF PG 1 DEPR

3.00

16

50 MICROEDGEGIFTS

428102
05-01-14

10,750.

160,728.

(D)-Asset disposed

63

23.

817.

817.
11,567.

598.

11,567.

10,152.

0.

0 . 160,728.

115,412.

0.

0.

621.
11,081.

* ITC, Section 179, Salvage, Bonus, Commercial Rev1tallzat1onDeduction

 MEMORANDUM

TO:

The Searle Freedom Trust

FROM:

Kinship Foundation

RE:

Expenditure Responsibility Report for 2014 Contributions

DATE:

April 8, 2015

As required under section 4945(h)(2) of the Internal Revenue Code ("Code") and corresponding
Treasury Regulations, Kinship Foundation ("Kinship") is providing your organization with this
report concerning use and expenditure of the $60,000 grant made by your organization to
Kinship on July 24, 2014.
The purpose of the grant was to provide operating funding for Kinship Conservation Fellows.
The entire $60,000 was expended by Kinship during calendar year 2014 (your organization's tax
year) for the purposes of the grant as follows:
A primary activity of Kinship is to operate its Kinship Conservation Fellows program. This
program provides fellowship awards to mid-career conservation practitioners from around the
world. As part of the program, each year a cohort of Fellows is selected to attend a month-long
educational program where they receive instruction in leadership training and business and
economic principles. The program also promotes the development of a community of leaders
through ongoing communication activities among Fellows including the periodic convening of
symposia and other forums.
No part of your organization's grant was expended (i) to carry on propaganda or otherwise to
attempt to influence legislation, (ii) to influence the outcome of any public election or to carry on
any voter registration drive, (iii) for purposes of making scholarships to individuals, or (iv) for
any other purpose not permitted by section 170(c)(2)(B) or section 4945(d) of the Code and
Treasury Regulations thereunder.

 THE SEARLE FREEDOM TRUST
TAX YEAR ENDED 12/31/14
ATTACHMENT TO FORM 990-PF
Part Vll-B, Line 5(c)
INFORMATION RELATING TO GRANTS
SUBJECT TO EXPENDITURE RESPONSIBILITY

1. GRANTEE
Kinship Foundation
225 West Washington Street
28 th Floor
Chicago, IL 60606
2. DATE AND AMOUNT OF GRANT
Grant Date:
July 24, 2014
Grant Amount:
$60,000
Fiscal Year of Grant: 2014
3. PURPOSE
The purpose of this distribution was to provide general operating support to enable
Grantee to operate by providing administrative services to other section 501(c)(3)
organizations.
4. AMOUNT OF GRANT SPENT BY GRANTEE
A report dated April 8, 2015 received from the Grantee indicates that all grant funds were
spent by the Grantee in 2014.
5. DIVERSION
To the knowledge of the Foundation, no part of the grant was used other than for its
intended purpose.
6. DATE OF REPORT FROM GRANTEE
A report dated April 8, 2015 providing details of activities and accomplishments of the
grant was received from the Grantee. All grant objectives appear to have been completed
within the original grant period.
7. DATE AND RESULT OF ANY VERIFICATION
The grantor need not conduct any independent verification of such reports unless it has
reason to doubt their accuracy or reliability. Treas. Reg. §53.4945-5(c)(l).

 I

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THE SEARLE FREEDOM TRUST
TAX YEAR ENDED 12/31/14
ATTACHMENT TO FORM 990-PF
Part VII-B, Line 5{c)
INFORMATION RELATING TO GRANTS
SUBJECT TO EXPENDITURE RESPONSIBILITY

1. GRANTEE
Kinship Foundation
225 West Washington Street
28 th Floor
Chicago, IL 60606
2. DATE AND AMOUNT OF GRANT
Grant Date:
July 24, 2014
Grant Amount:
$60,000
Fiscal Year of Grant: 2014
3. PURPOSE
The purpose of this distribution was to provide general operating support to enable
Grantee to operate by providing administrative services to other section 501 (c )(3)
organizations.
4. AMOUNT OF GRANT SPENT BY GRANTEE
A report dated April 8, 2015 received from the Grantee indicates that all grant funds were
spent by the Grantee in 2014.
5. DIVERSION
To the knowledge of the Foundation, no part of the grant was used other than for its
intended purpose.
6. DATE OF REPORT FROM GRANTEE
A report dated April 8, 2015 providing details of activities and accomplishments of the
grant was received from the Grantee. All grant objectives appear to have been completed
within the original grant period.
7. DA TE AND RESULT OF ANY VERIFICATION
The grantor need not conduct any independent verification of such reports unless it has
reason to doubt their accuracy or reliability. Treas. Reg. §53.4945-5(c)(l).