2016 Internal Rev Enue Ser Ice ► Do Not Enter Social Security Numbers on This Form As It May Be Made Public

l efile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN:93491314005207 OMB No 1545-0052 I Form 990-PF Return of Private Foundation Department of the Trea^un or Section 4947( a)(1) Trust Treated as Private Foundation 2016 Internal Rev enue Ser ice ► Do not enter social security numbers on this form as it may be made public. ► Information about Form 990 - PF and its instructions is at www.irs.gov / form990pf. For calendar year 2016, or tax year beginning 01 - 01-2016 , and ending 12-31-2016 Name of foundation A Employer identification number The Veale Foundation 34-6565830 °/ DANIEL HARRTNGTON Number and street (or P 0 box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions) 30195 Chagrin Blvd Suite 310 (216) 255-3166 City or town, state or province, country, and ZIP or foreign postal code Pepper Pike, OH 44124 C If exemption application is pending, check here q G Check all that apply q Initial return q Initial return of a former public charity D 1. Foreign organizations, check here q ► q Final return q Amended return 2. Foreign organizations meeting the 85% test, check here and attach computation ► El El Address change El Name change E If private foundation status was terminated H Check typ e of org anization q Section 501(c)(3) exem p t p rivate foundation under section 507(b)(1)(A), check here ► q Section 4947(a)(1) nonexempt charitable trust q Other taxable private foundation I Fair market value of all assets at end J Accounting method 9 Cash q Accrual F If the foundation is in a 60-month termination q of year (from Part II, col (c), under section 507(b)(1)(B), check here q ► line 16)101$ 131,255,015 Other (specify) (Part I, column (d) must be on cash basis ) (d) Disbursements Analysis of Revenue and Expenses (The total ( a) Revenue and (b) Net investment (c) Adjusted net for charitable of amounts n columns (b), (c), and (d) may not necessarily expenses per income income purposes books basis equal the amounts in column (a) (see instructions) ) (cash is only) 1 Contributions, gifts, grants, etc , received (attach 5,339,137 schedule) q 2 Check ► if the foundation is not required to attach Sch B . 3 Interest on savings and temporary cash investments 8 8 4 Dividends and interest from securities . 1,791,655 1,790,206 5a Gross rents . b Net rental income or (loss) C 6a Net gain or (loss) from sale of assets not on line 10 -158,516 b Gross sales price for all assets on line 6a 41,955,321 7 Capital gain net income (from Part IV, line 2) . 0 8 Net short-term capital gain . 9 Income modifications . 10a Gross sales less returns and allowances b Less Cost of goods sold . c Gross profit or (loss) (attach schedule) . 11 Other income (attach schedule) . 549,178 549,178 12 Total . Add lines 1 through 11 . 7,521,462 2,339,392 13 Compensation of officers, directors, trustees, etc 0 14 Other employee salaries and wages . 276,108 0 15 Pension plans, employee benefits . 18,420 ^C 16a Legal fees (attach schedule) . R. b Accounting fees (attach schedule) . 27,468 X w c Other professional fees (attach schedule) . 406,283 406,283 17 Interest . 50,790 50,790 Taxes (attach schedule) (see instructions) 42,754 5,069 19 Depreciation (attach schedule) and depletion . 4,476 20 Occupancy . 24,001 21 Travel, conferences, and meetings . 4,336 22 Printing and publications . 2 , 199 23 Other expenses (attach schedule) . G?J 1,646,738 161,619 200 24 Total operating and administrative expenses. Add lines 13 through 23 . 2,503,573 623,761 200 25 Contributions, gifts, grants paid . 6,084,000 6,084,000 26 Total expenses and disbursements . Add lines 24 and 25 8,587,573 623,761 6,084,200 27 Subtract line 26 from line 12 a Excess of revenue over expenses and -1,066,111 disbursements b Net investment income (if negative, enter -0-) 1,715,631 c Adjusted net income (if negative, enter -0-) . I-or Paperwork Keouction Act notice, see instructions . Cat No 11289X Form 990-PF (2016) Form 990-PF (2016) Page 2 Beginning of year End of year Balance Sheets Attached schedules and amounts in the description column ® should be for end-of-year amounts only (See instructions (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash-non-interest-bearing . 2,030,050 7,004,613 7,004,613 2 Savings and temporary cash investments . 3 Accounts receivable ► Less allowance for doubtful accounts ► 121,395 4 Pledges receivable ► Less allowance for doubtful accounts ► 5 Grants receivable . 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions) . 7 Other notes and loans receivable (attach schedule) ► Less allowance for doubtful accounts ► L, 8 Inventories for sale or use . 0N 9 Prepaid expenses and deferred charges 1P Q 10a Investments-U S and state government obligations (attach schedule) b Investments-corporate stock (attach schedule) . 69,613,197 j 60,433,824 62,116,350 c Investments-corporate bonds (attach schedule) . 11 Investments-land, buildings, and equipment basis ► Less accumulated depreciation (attach schedule) ► 12 Investments-mortgage loans . 13 Investments-other (attach schedule) . 56,873,012 ^J 60,962,067 62,119,052 14 Land, buildings, and equipment basis ► 18,725 Less accumulated depreciation (attach schedule) ► 5,692 4,865 j 13,033 15,000 15 Other assets (describe ► 16 Total assets (to be completed by all filers-see the instructions Also, see page 1, item I) 128,642,519 128,413,537 131,255,015 17 Accounts payable and accrued expenses . 5,309 18 Grants payable . o 19 Deferred revenue . 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule). J 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 through 22) . 0 5,309 q Foundations that follow SFAS 117, check here ► a> and complete lines 24 through 26 and lines 30 and 31. U 24 Unrestricted . 25 Temporarily restricted 26 Permanently restricted . Foundations that do not follow SFAS 117 , check here ► and complete lines 27 through 31. 27 Capital stock, trust principal, or current funds . 128,642,519 128,408,228 28 Paid-in or capital surplus, or land, bldg , and equipment fund 29 Retained earnings, accumulated income, endowment, or other funds d Z 30 Total net assets or fund balances (see instructions) . 128,642,519 128,408,228 31 Total liabilities and net assets / fund balances (see instructions) 128,642,519 128,413,537 Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year-Part II, column (a), line 30 (must agree with end- of-year figure reported on prior year's return) . 1 128,642,519 2 Enter amount from Part I, line 27a . 2 -1,066,111 3 831,820 3 Other increases not included in line 2 (itemize) ► 4 Add lines 1, 2, and 3 . I 4 128,408,228 5 Decreases not included in line 2 (itemize) ► 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 128,408,228 Form 990-PF (2016) Form 990-PF (2016) Page 3 Capital Gains and Losses for Tax on Investment Income How acquired List and describe the kind(s) of property sold (e g , real estate, Date acquired Date sold P-Purchase 2-story brick warehouse, or common stock, 200 shs MLC Co (mo , day, yr) (mo , day, yr ) D-Donation 1 a SEE STMT WF XXX-6800 P 2015-01-01 2016-01-02 b SEE STMT WF XXX-6803 P 2015-01-01 2016-01-02 c SEE STMT WF XXX-6804 P 2015-01-01 2016-01-02 d SEE STMT WF XXX-6805 P 2015-01-01 2016-01-02 e PERRY PARTNERS INTL INC CL H 22,879 55 SHS P 2014-12-31 2016-10-01 ( e) (f) (g) (h) Depreciation allowed Cost or other basis Gain or (loss) Gross sales price (or allowable) plus expense of sale (e) plus (f) minus (g) a 19,594,218 19,536,363 57,855 b 2,584,650 2,561,843 22,807 c 15,041,972 , 15,090,439 -48,467 d 2,743,8,17 1 i 2,637,237 106,580 e 1,912,008 1 1 2,287,955 -375,947 Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) ( i ) (j) (k) Gains (Col (h) gain minus Adjusted basis Excess of col (i) col (k), but not less than -0-) or F M V as of 12/31/69 as of 12/31/69 over col (3), if any Losses (from col (h)) a 57,855 b 22,807 c -48,467 d 106,580 e -375,947 If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) ti If (loss), enter -0- in Part I, line 7 1 2 -158,516 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6) If gain, also enter in Part I, line 8, column (c) (see instructions) If (los s), enter -0- in Part I, line 8 . i 3 • Qualification Under Section 4940 ( e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income ) If section 4940(d)(2) applies, leave this part blank Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? q Yes R No If "Yes," the foundation does not qualify under section 4940(e) Do not complete this part 1 Enter the appropriate amount in each column for each year, see instructions before making any entries Base period years Calendar Distributdon ratio Adjusted qualifying distributions Net value of noncha) stable-use assets year (or tax year beginning in) (col (b) divided by col (c)) 2015 3,508,700 128,737,556 0 027255 2014 6,254,727 131,127,501 0 0477 2013 9,533,484 80,721,764 0 118103 2012 2,671,808 52,491,444 0 0509 2011 2,867,238 46,101,162 0 062194 2 Total of line 1, column (d) .

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