• Return of Private Foundation OMB No 1545-0052 Form 990-PF or Section 4947(aXl) Nonexempt Charitable Trust Treated as a Private Foundation 2007 Department of the Treasury Note : The foundation may be able to use a copy of this return to satisfy state Internal Revenue Service reporting requirements For 2007, and e^ G-Check all that a pp ly- Initial return Finz ended return ;hange I I Name Chang Employer identification number Use the Colcom Foundation IRS la^el. 603 Stanwix Street #1800 31-1479839 Otherwise, B Telephone number (see the instructions) print Pittsburgh, PA 15222-1442 or type. 412-765-2400 See Specific C If exemption application is pending, check here Instructions. D 1 Foreign organizations, check here - q H Check type of organization. U Section 501(c)(3 exempt private foundation 2 Foreign organizations meeting the 85% test, check q Section 4947(a)( 1 ) nonexem pt charitable trust Other taxable private foundation here and attach computation E private foundation status was terminated q Cash Accrual If Fair market value of all assets at end of year J Accounting method: under section 507(b)(1)(A), check here (from Part 11, column (c), line 16) X] Other (specify) Tax basis F If the foundation is in a 60-month termination ^ $ 504 937 663. (Part 1, column (d) must be on cash basis iinrler a cr+i-n cn7fh\/1\ /R\ A-1, here F1 a.4 I An a I7 • of Reve nue an d (a) Revenue and (b) Net investment (c) Adjusted net (d) Disbursements Expenses (The total of amounts in expenses per books income I income for charitable columns (b), (c), and (d) may not neces- purposes sartly equal the amounts in column (a) (cash basis only) (see the instructions) .) 1 Contributions. gifts, grants, etc, received (att sch) 13 , 64 2 Ck I` if the foundn is not req to att Sch B 3 Interest on savings and temporary cash investments . 4 Dividends and interest from securities 13 , 47 5a Gross rents income b Netlrenal R 6a Net gam/(loss) from sale of assets not on line 1a 30 , 17 b Gross sales price for all E assets on line 6a 30 , 170 , 371. V 7 Capital gain net income (from Part IV, line 2) 170,371. E 8 Net short-term capital gain N 9 Income modifications E 10a Gross sales less ° _--:E returns and RE 51.,E c,^FQ,zrsrprof s) (att sch)ch Nov ({^fa^i In ^%Jl (attach schedule) See Statement 1 -745,229. officers. directors, trustees, etc / 51 y U U . 14 Other employee salaries and wages 402 , 394. 82 , 555. 319 839. 15 Pension plans, employee benefits 411,697. 194 266. 217 431. A 16 a Legal fees (attach schedule) See St 2 7, 798. 3,387. 4,411. cu M b Accounting fees (attach sch) See St 3 17 , 291. 7 , 509. 9 , 782. C=) I c Other prof fees (attach sch) See St 4 1 901 , 039. 1,873 689. 27 , 350. N 17 Interest P E 18 Taxes (attach schedule) See Stmt 5 815 , 268. 16. AT 19 Depreciation (attach A T sch) and depletion 16 , 424. 7 , 133. O N v 20 Occupancy 104 485. 45 , 378. G E 21 Travel, conferences, and meetings 19 , 572. 8 , 500. E 22 Printing and publications 3 , 390. 1 , 472. A55 ND P 23 Other expenses (attach schedule) N See Statement 6 294,747. 241 688. 059. S 24 Total operatin g and administrative s expenses. Add lines 13 through 23 4 , 746 , 005. 2 , 879,6939 41,769. 25 Contributions, gifts, grants paid Part X51 23 , 983 , 500. 26 Total expenses and disbursements. Add lines 24 and 25 28 729, 505. 2,879,693. 25,025,269. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 27 , 814,917. b Net investment income ( if negative, enter -0-) 40 , 7 C Ad justed net income (if negative , enter -0-) BAA For Privacy Act and Paperwork Reduction Act Notice , see the instructions. TEEAO5041. 02/20/o8 Form 990-PF (2007) C7\2J..- Y • 1 ,,r.,, oon_Pr (9nm'i Cnl rnm FnnnriM-inn 31-1479839 Paae 2 Attached schedules and amounts in the description Beginning of year End of year Part II Balance Sheets column should be for end-of-year amounts only (See instructions ) (a) Book Va lue (b) Book Value (c) Fair Market Value 1 Cash - non- interest -bearing 38 , 471. 84 , 763. 84 , 763. 2 Savings and temporary cash investments 52 308 640. 27 994 437. 27 , 994 , 437. 3 Accounts receivable . ► _ 1 ,03 4 ,66 9 . _ _ _ _ _ _ _ _ _ 337 589. 1 , 034 , 669. 1 , 03 4,669. Less allowance for doubtful accounts ► 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 the instructions) 7 Other notes and loans receivable (attach sch) ► ---------- Less allowance for doubtful accounts 01 S -------- S 8 Inventories for sale or use E 9 Prepaid expenses and deferred charges T S 10a Investments - U S. and state government obligations (attach schedule) 24 885 224. 2 , 480 , 902. 2 , 586 , 349. b Investments - corporate stock (attach schedule) 227 678 101. 275 288 856. 325 , 238 , 734. c Investments - corporate bonds (attach schedule) 94 991 050. 117 177 861. 114 , 299 , 384. 11 Investments - land, buildings, and equipment- basis ► Less: accumulated depreciation (attach schedule) ► ---------- 12 Investments - mortgage loans 13 Investments - other (attach schedule) Statement 7 26 124 738. 30 684 803. 33 , 632 , 058. 14 Land, buildings, and equipment: basis _ _ _ _ 9 9 ,84 9 . Less: accumulated depreciation 67 (attach schedule) See Stmt 8 ► _ _ _ _ _ 3 2 ,58 0 . 48 , 228. 67 , 269. , 269. 15 Other assets (describe ► _ _ _ _ _ _ 16 Total assets (to be completed by all filers - see instructions Also, see page 1, item I) 426 412, 041. 454, 813, 560. 504, 937 663. L 17 Accounts payable and accrued expenses 155 800. 101 , 052. AI 18 Grants payable 4 , 800 , 000. 1 425, 000. B 19 Deferred revenue 641, 351. LI 20 Loans from officers, directors, trustees, & other disqualified persons 21 Mortgages and other notes payable (attach schedule) T 22 Other liabilities (describe ► S 23 Total liabilities (add lines 17 through 22) 4 , 955 , 800. 2, 167, 403. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. N F 24 Unrestricted E U T N 25 Temporarily restricted D 26 Permanently restricted AS B Foundations that do not follow SFAS 117, check here ► X S A and complete lines 27 through 31. E L T A 27 Capital stock, trust principal, or current funds 421 456 241. 452, 646, 157 . S N 28 Paid-in or capital surplus, or land, building , and equipment fund O E 29 Retained earnings, accumulated income, endowment, or other funds R S 30 Total net assets or fund balances (see the instructions) 421 456 241. 452 , 646 , 157. 31 Total liabilities and net assets/fund balances see the instructions) 426 , 412 , 041. 454,813 , 560. Part III Analysis of Ghan es in Net Assets or Tuna rsaiances 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 returns 1 421 456 , 241. 2 Enter amount from Part I, line 27a 2 27 814 , 917. 3 3 Other increases not included in line 2 (Itemize) ► See Statement- 9 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 3 , 375 , 000. 4 Add lines 1, 2, and 3 4 4452 , 646 , 158. 5 5 Decreases not included in line 2 (itemizel ► See Statement 10 1. 6 Total net assets or fund balances at end of year line 4 minus line 5) - Part II, column (b) , line 30 6 452 , 646 , 157. BAA 1EEA0302- 07/25/07 Form 990-PF (2007) • Form 990-PF (2007) Colcom Foundation 31-1479839 Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind (s) of property sold (e g , real estate , (b) How acquired (c) Date acquired (d) Date sold 2-story brick warehouse , or common stock , 200 shares MLC Company) P - Purchase (month , day, year) (month , day, year) D - Donation 1a See Schedule Attached P Various Various b C d e (e) Gross sales price (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g) a 30 170 371 . 30 170 371. b C d e Com p lete only for assets showm gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Column (h) (i) Fair Market Value (j) Adjusted basis (k) Excess of column ( i) gain minus column (k), but not less as of 12/31/69 as of 12/31/69 over column 0), if any than -0 -) or Losses (from column (h)) a 30 170 371. b c d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss). If (loss), enter -0- in Part I, line 7 1 2 30 , 170 , 371. 3 Net short -term capital gain or ( loss) as defined in sections 1222(5) and (6).