Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
THE ASHTON FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)199 NORTH 290 WESTROOM/SUITE 100Room/suite
City or town, state, and ZIP code
LINDON, UT84042
A Employer identification number

87-0480108
B Telephone number (see instructions)

(801) 226-1266
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$12,222,807J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 1,711 1,711  
4 Dividends and interest from securities...... 129,232 129,232  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 8,721
b Gross sales price for all assets on line 6a 122,351
7 Capital gain net income (from Part IV, line 2)... 563
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).......      
12 Total. Add lines 1 through 11........ 139,664 131,506  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 44,500      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,550 3,550    
c Other professional fees (attach schedule).... Click to see attachment 16,213 16,213    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 619 619    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,770 4,770    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 150 150    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 69,802 25,302   0
25 Contributions, gifts, grants paid........ 819,344 819,344
26 Total expenses and disbursements. Add lines 24 and 25 889,146 25,302   819,344
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -749,482
b Net investment income (if negative, enter -0-) 106,204
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 6,937 3,632 3,632
2 Savings and temporary cash investments.......... 1,275,552 604,256 604,256
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   959    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet7,546,794
Less: allowance for doubtful accounts bullet   7,546,794 Click to see attachment7,546,794 7,546,794
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,611,776 Click to see attachment3,515,875 4,046,146
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment21,979 Click to see attachment21,979
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,442,018 11,692,536 12,222,807
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 12,442,018 11,692,536
30 Total net assets or fund balances (see page 17 of the
instructions).................... 12,442,018 11,692,536
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 12,442,018 11,692,536
Part III 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 12,442,018
2 Enter amount from Part I, line 27a..................... 2 -749,482
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 11,692,536
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 11,692,536
Form 990-PF (2012)
Form 990-PF (2012)
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,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 563
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 (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
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?
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 page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 756,289 12,763,168 0.059256
2010 632,907 13,258,010 0.047738
2009 544,443 13,642,870 0.039907
2008 542,931 15,449,509 0.035142
2007 597,738 16,228,111 0.036833
2 Total of line 1, column (d) ...................... 2 0.218876
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.043775
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 12,195,760
5 Multiply line 4 by line 3....................... 5 533,869
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,062
7 Add lines 5 and 6......................... 7 534,931
8 Enter qualifying distributions from Part XII, line 4.............. 8 819,344
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,062
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 1,062
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,062
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 3,865
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,865
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,803
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet2,803 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletUT
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDAVID HARKNESS Telephone no.bullet (801) 226-1266
    Located atbullet199 NORTH 290 WEST SUITE 100LINDONUT ZIP+4bullet84042
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    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.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    ADAM ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    641 SOUTH PALISADE DRIVE
    OREM,UT84097
    ALAN C ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    600 SOUTH PALISADE DRIVE
    OREM,UT84097
    ALLISON NORTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    6026 WEST 11400 NORTH
    HIGHLAND,UT84003
    AMY JO YOUNGClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    2909 NORTH 1230 WEST
    PLEASANT GROVE,UT84062
    ANNIE ASHTONClick to see attachment TRUSTEE
    1.00     		1,500 0 0
    641 SOUTH PALISADE DRIVE
    OREM,UT84097
    BRIGHAM ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    946 EAST 500 SOUTH
    OREM,UT84097
    CHAD YOUNGClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    2909 NORTH 1230 WEST
    PLEASANT GROVE,UT84062
    ELIZABETH ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    946 EAST 500 SOUTH
    OREM,UT84097
    EMILY ANN EDDINGTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    737 WEST 2490 NORTH
    PLEASANT GROVE,UT84062
    ERIN ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    742 EAST 600 SOUTH
    OREM,UT84097
    HEATH WESTFALLClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    515 SOUTH PALISADE DRIVE
    PROVO,UT84097
    KAREN ASHTONClick to see attachment TRUSTEE
    1.00     		1,500 0 0
    600 SOUTH PALISADE DRIVE
    PROVO,UT84097
    MELISSA ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    11707 SUNRISE CIRCLE
    HIGHLAND,UT84003
    MORGAN ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    6017 WEST BULL RIVER ROAD
    HIGHLAND,UT84003
    PAUL EDDINGTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    737 WEST 2490 NORTH
    PLEASANT GROVE,UT84062
    REBEKAH WESTFALLClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    515 SOUTH PALISADE DRIVE
    PROVO,UT84097
    SAMUEL ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    11707 SUNRISE CIRCLE
    HIIGHLAND,UT84003
    SPENCER ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    974 E ROSEBROOK CIRCLE
    SANDY,UT84070
    STEPHANIE ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    6017 WEST BULL RIVER ROAD
    HIGHLAND,UT84003
    STEPHEN ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    742 EAST 600 SOUTH
    OREM,UT84097
    TOBY NORTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    6036 WEST 11400 NORTH
    HIGHLAND,UT84003
    TRACI ASHTONClick to see attachment TRUSTEE
    1.25     		2,000 0 0
    974 E ROSEBROOK CIRCLE
    DRAPER,UT84020
    RALPH RASMUSSENClick to see attachment DIRECTOR
    1.00     		0 0 0
    199 NORTH 290 WEST 100
    LINDON,UT84042
    ELIZA SMITHClick to see attachment TRUSTEE
    0.75     		1,000 0 0
    26870 REGENCY PINES DRIVE
    KINGWOOD,TX77339
    MICHAEL SMITHClick to see attachment TRUSTEE
    0.50     		500 0 0
    26870 REGENCY PINES DRIVE
    KINGWOOD,TX77339
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,889,020
    b
    Average of monthly cash balances.......................
    1b
    945,188
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,547,274
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,381,482
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    12,381,482
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    185,722
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,195,760
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    609,788
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    609,788
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    1,062
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,062
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    608,726
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    608,726
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    608,726
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    819,344
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    819,344
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    1,062
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    818,282
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 608,726
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011....... 120,025
    fTotal of lines 3a through e......... 120,025
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 819,344
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 608,726
    e Remaining amount distributed out of corpus 210,618
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 330,643
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		330,643
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011.... 120,025
    e Excess from 2012.... 210,618
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    ALAN C ASHTON CO DAVE HARKNESS
    199 NORTH 290 WEST SUITE 100
    LINDON,UT84042
    (801) 226-1266
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST INCLUDING EXPLANATION OF NEED
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AS ROWAN READING ROOM FOR THE BLIND
    AS ROWAN READING ROOM FOR THE BLIND
    3335 SO 900 EAST STE 180
    3335 SO 900 EAST STE 180
    SALT LAKE CITY,UT84106     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    ACADEMY FOR CREATING ENTERPRISE
    ACADEMY FOR CREATING ENTERPRISE
    2520 N UNIVERSITY AVE
    2520 N UNIVERSITY AVE
    PROVO,UT84602     		NOT APPLICABLE PUBLIC UNRESTRICTED 15,000
    ALLIANCE HOUSE
    ALLIANCE HOUSE
    1724 S MAIN STREET
    1724 S MAIN STREET
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    ALPINE SCHOOL DISTRICT
    ALPINE SCHOOL DISTRICT
    575 NORTH 100 EAST
    575 NORTH 100 EAST
    AMERICAN FORK,UT84003     		NOT APPLICABLE PUBLIC UNRESTRICTED 24,000
    AMERICA'S FREEDOM FESTIVAL
    AMERICA'S FREEDOM FESTIVAL
    4626 N 300 W
    4626 N 300 W
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    AMERICAN CANCER SOCIETY
    AMERICAN CANCER SOCIETY
    941 E 3300 S 100
    941 E 3300 S 100
    SALT LAKE CITY,UT84106     		NOT APPLICABLE PUBLIC UNRESTICTED 10,000
    AMERICAN HERITAGE SCHOOL
    AMERICAN HERITAGE SCHOOL
    736 NORTH 1100 EAST
    736 NORTH 1100 EAST
    AMERICAN FORK,UT84003     		NOT APPLICABLE PUBLIC UNRESTRICTED 1,700
    ASCEND ALLIANCE
    ASCEND ALLIANCE
    3165 E MILLROCK DR 175
    3165 E MILLROCK DR 175
    HOLLADAY,UT84121     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    ASSISTANCE LEAGUE OF SLC
    ASSISTANCE LEAGUE OF SALT LAKE CITY
    PO BOX 9353
    PO BOX 9353
    SALT LAKE CITY,UT84109     		NOT APPLICABLE PUBLIC UNRESTRICTED 6,000
    BRIGHAM YOUNG UNIVERSITY
    BRIGHAM YOUNG UNIVERSITY
    PO BOX 410455
    PO BOX 410455
    SALT LAKE CITY,UT84141     		NOT APPLICABLE PUBLIC UNRESTRICTED 19,200
    BUILDERS WITHOUT BORDERS
    BUILDERS WITHOUT BORDERS
    1095 S 800 E
    1095 S 800 E
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    CAUSE FOR HOPE
    CAUSE FOR HOPE
    10421 S JORDAN PARKWAY
    10421 S JORDAN PARKWAY
    SOUTH JORDAN,UT84095     		NOT APPLICABLE PUBLIC UNRESTRICTED 9,500
    CENTER FOR WOMEN & CHILDREN CRISIS
    CENTER FOR WOMEN & CHILDREN IN CRISIS
    1433 EAST 840 NORTH
    1433 EAST 840 NORTH
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    LDS CHURCH
    THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS
    15 EAST SOUTH TEMPLE
    15 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84150     		NOT APPLICABLE PUBLIC UNRESTRICTED 72,804
    CITY OF OREM
    CITY OF OREM
    58 NORTH STATE STREET
    58 NORTH STATE STREET
    OREM,UT84057     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,400
    CITY OF OREM
    TIMPANOGOS STORYTELLING FESTIVAL
    58 NORTH STATE STREET
    58 NORTH STATE STREET
    OREM,UT84057     		NOT APPLICABLE PUBLIC UNRESTRICTED 25,000
    CLEAR HORIZONS ACADEMY
    CLEAR HORIZONS ACADEMY
    1875 S GENEVA RD
    1875 S GENEVA RD
    OREM,UT84058     		NOT APPLCIABLE PUBLIC UNRESTRICTED 5,000
    COMMUNITY NURSING SERVICE
    COMMUNITY NURSING SERVICES
    383 WEST VINE STREET 300
    383 WEST VINE STREET 300
    MURRAY,UT84123     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    COTTAGES OF HOPE
    COTTAGES OF HOPE
    2724 WASHINGTON BLVD
    2724 WASHINGTON BLVD
    OGDEN,UT84401     		NOT APPLICABLE PUBLIC UNRESTRICTED 4,000
    CROSSROADS URBAN CENTER
    CROSSROADS URBAN CENTER
    347 SOUTH 400 EAST
    347 SOUTH 400 EAST
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,500
    CYMDEITHAS MADOG
    CYMDEITHAS MADOG
    9520 ACCORD DRIVE
    9520 ACCORD DRIVE
    POTOMAC,MD20854     		NOT APPLICABLE PUBLIC UNRESTRICTED 1,500
    DESERET INTERNATIONAL FOUNDATION
    DESERET INTERNATIONAL FOUNDATION
    1282 E CAMBRIDGE COURT
    1282 E CAMBRIDGE COURT
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    EASTER SEALS
    EASTER SEALS
    350 S 400 E
    350 S 400 E
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    EMPOWER PLAYGROUNDS INC
    EMPOWER PLAYGROUNDS INC
    3214 N UNIVERSITY AVE
    3214 N UNIVESITY AVE 501
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    ENGLISH SKILLS LEARNING CENTER
    ENGLISH SKILLS LEARNING CENTER
    631 W NORTH TEMPLE
    SUITE 70
    SALT LAKE CITY,UT84116     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    EYE CARE FOR KIDS
    EYE CARE FOR KIDS FOUNDATION
    6911 SOUTH STATE STREET
    6911 SOUTH STATE STREET
    MIDVALE,UT84047     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    FAMILY COUNCILING CENTER
    FAMILY COUNCILING CENTER
    5250 S COMMERCE DRIVE
    5250 S COMMERCE DRIVE
    MURRAY,UT84107     		NOT APPLICABLE PUBLIC UNRESTRICTED 8,500
    FAMILY SUPPORT CENTER
    FAMILY SUPPORT CENTER OF CENTRAL UTAH
    58 EAST 300 NORTH
    58 EAST 300 NORTH
    RICHFIELD,UT84701     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    FAMILY WATCH INTERNATIONAL
    FAMILY WATCH INTERNATIONAL
    PO BOX 1432
    PO BOX 1432
    GILBERT,AZ85299     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    FIGHT THE NEW DRUG
    FIGHT THE NEW DRUG
    367 WEST 1600 SOUTH
    367 WEST 1600 SOUTH
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 9,500
    FIRST BOOK
    FIRST BOOK
    1319 F ST NW STE 1000
    1319F ST NW STE 1000
    WASHINGTON DC,DC20004     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    FRIDAY KIDS RESPITE
    FRIDAY KIDS RESPITE
    475 WEST 260 NORTH
    475 WEST 260 NORTH
    OREM,UT84057     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    FRIENDS FOR SIGHT
    FRIENDS FOR SIGHT
    661 SOUTH 200 EAST
    661 SOUTH 200 EAST
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    GUADALUPE SCHOOLS
    GUADALUPE SCHOOLS
    340 S GOSHEN STREET
    340 S GOSHEN STREET
    SALT LAKE CITY,UT84104     		NOT APPLICABLE PUBLIC UNRESTRICTED 4,000
    HABITAT FOR HUMANITY
    HABITAT FOR HUMANITY
    1276 SOUTH 500 WEST
    1276 SOUTH 500 WEST
    SALT LAKE CITY,UT84101     		NOT APPLICABLE PUBLIC UNRESTIRCTED 7,000
    HALE CENTER THEATER
    HALE CENTER THEATER
    3333 SOUTH DECKER LAKE DR
    3333 SOUTH DECKER LAKE DR
    WEST VALLEY CITY,UT84119     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    HOUSE FOR HOPE
    HOUSE FOR HOPE
    857 EAST 200 SOUTH
    857 EAST 200 SOUTH
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    INTERNET KEEP SAFE COALITION
    INTERNET KEEP SAFE COALIATION
    175 S WEST TEMPLE STE 650
    175 S WEST TEMPLE STE 650
    SALT LAKE CITY,UT84101     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    IVUMED
    IVUMED
    3269 S MAIN ST STE 230
    3269 S MAIN ST STE 230
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    JORDAN EDUCATION FOUND
    JORDAN EDUCATION FOUNDATION
    7387 CAMPUS VIEW DRIVE
    7387 CAMPUS VIEW DRIVE
    WEST JORDAN,UT84084     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    JUNIOR LEAGUE
    JUNIOR LEAGUE OF SALT LAKE CITY
    526 EAST 300 SOUTH
    526 EAST 300 SOUTH
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    KIDS ON THE MOVE
    KIDS ON THE MOVE
    475 WEST 260 NORTH
    475 WEST 260 NORTH
    OREM,UT84057     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    LEGAL AID SOCIETY OF SALT LAKE
    LEGAL AID SOCIETY OF SALT LAKE
    205 N 400 W
    205 N 400 W
    SALT LAKE CITY,UT84103     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    LITTLE SISTERS FUND INC
    C/O BECKER CHAMBERS ACCOUNTING
    PO BOX 909
    PO BOX 909
    HAILEY,ID83333     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    LIVING PLANET AQUARIUM
    LIVING PLANET AQUARIUM
    725 E 10600 S
    725 E 10600 S
    SANDY,UT84094     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    MENTORS INTERNATIONAL
    MENTORS INTERNATIONAL
    65 WADSWORTH PARK DR 207
    65 WADSWORTH PARK DR 207
    DRAPER,UT84020     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    MORALITY IN MEDIA
    MORALITIY IN MEDIA
    1100 G ST NW STE 1030
    1100 G ST NE STE 1030
    WASHINGTON DC,DC20005     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    MOUNTAINLAND FOUNDATION
    MOUNTAINLANDS FOUNDATION
    586 E 800 N
    586 E 800 N
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    MOUNTAINLANDS COMMUNITIY HEALTH
    MOUNTAINLANDS COMMUNITY HEALTH CENTER
    589 SOUTH STATE STREET
    589 SOUTH STATE STREET
    PROVO,UT84606     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    MOUNTAINVILLE 4TH WARD
    MOUNTAINVILLE 4TH WARD
    447 FORT CIRCLE
    447 FORT CIRCLE
    ALPINE,UT84004     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,400
    MOUNTAINVILLE ACADEMY
    MOUNTAINVILLE ACADEMY
    195 SOUTH MAIN STREET
    195 SOUTH MAIN STREET
    ALPINE,UT84004     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,900
    NEIGHBORHOOD HOUSE
    NEIGHBORHOOD HOUSE
    1050 WEST 500 SOUTH
    1050 WEST 500 SOUTH
    SALT LAKE CITY,UT84104     		NOT APPLICABLE PUBLIC UNRESTRICTED 6,000
    ONE HEART WORLD-WIDE
    ONE HEART WORLD-WIDE
    1818 PACHECO STREET
    1818 PACHECO STREET
    SAN FRANCISCO,CA94116     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    ONE LIFE AT A TIME
    ONE LIFE AT A TIME
    400 WASHINGTON STREET
    400 WASHINGTON STREET
    BRAINTREE,MA02184     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    OPERATION SMILE
    OPERATION SMILE
    6435 TIDEWATER DRIVE
    6435 TIDEWATER DRIVE
    NORFOLK,VA23509     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    PREGNANCY CARE CENTER
    PREGNANCY CARE CENTER OF GRANTS PASS
    PO BOX 5040
    PO BOX 5040
    GRANTS PASS,OR97527     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    PREVENT CHILD ABUSE UTAH
    PREVENT CHILD ABUSE UTAH
    2955 HARRISON BLVD 104
    2955 HARRISON BLVD 104
    OGDEN,UT84403     		NOT APPLICABLE PUBLIC UNRESTRICTED 6,000
    PRIMARY CHILDREN'S MED
    PRIMARY CHILDREN'S MEDICAL CENTER FOUNDATION
    100 NORTH MARIO CAPECCHI
    100 NORTH MARIO CAPECCHI
    SALT LAKE CITY,UT84113     		NOT APPLICABLE PUBLIC UNRESTRICTED 58,440
    PROSTHETIC OUTREACH FOUNDATION
    PROSTHETIC OUTREACH FOUNDATION
    400 E PINE STREET STE 325
    400 EAST PINE ST STE 325
    SEATTLE,WA98122     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,500
    PROVO SCHOOL DISTRICT FOUNDATION
    PROVO SCHOOL DISTRICT FOUNDATON
    280 W 940 N
    280 W 940 N
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 1,500
    RONALD MCDONALD HOUSE
    RONALD MCDONALD HOUSE CHARITIES
    1135 EAST SOUTH TEMPLE
    1135 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    SALT LAKE CITY MISSION
    SALT LAKE CITY MISSION
    1151 S REDWOOD RD 106
    1151 S REDWOOD RD 106
    SALT LAKE CITY,UT84104     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    SALT LAKE COMMUNITY COLLEGE FOUND
    SALT LAKE COMMUNITY COLLEGE FOUND
    1575 S STATE ST
    1575 S STATE ST
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,500
    SALT LAKE DONATED DENTAL SERVICES
    SALT LAKE DONATED DENTAL SERVICES
    1383 S 900 W 128
    1383 S 900 W 128
    SALT LAKE CITY,UT84104     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    SALT LAKE SEXUAL ASSAULT NURSE
    SALT LAKE SEXUAL ASSAULT NURSE EXAMINERS
    2035 SOUTH 1300 EAST
    2035 SOUTH 1300 EAST
    SALT LAKE CITY,UT84105     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    SANTA CLARA FLOOD RELIEF 2012
    SANTA CLARA FLOOD RELIEF 2012
    20 N MAIN ST STE 402
    20 N MAIN ST STE 402
    ST GEORGE,UT84770     		NOT APPLICABLE PUBLIC UNRESTRICTED 6,000
    SCERA CORPORATION
    SCERA CORPORATION
    345 E 800 S
    345 E 800 S
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    SIONFONDS FOR HAITI
    SIONFONDS FOR HAITI
    PO BOX 79
    PO BOX 79
    CANYON,CA94516     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    SOUTH VALLEY SANCTUARY
    SOUTH VALLEY SANCTUARY
    PO BOX 1028
    PO BOX 1028
    WEST JORDAN,UT84084     		NOT APPLCABLE PUBLIC UNRESTRICTED 2,000
    SPECIAL OLYMPICS UTAH
    SPECIAL OLYMPICS UTAH
    243 EAST 400 SOUTH 111
    243 EAST 400 SOUTH 111
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,500
    ST ANNE'S CENTER
    ST ANNE'S CENTER
    137 W BINFORD ST
    137 W BINFORD ST
    OGDEN,UT84401     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    SUCCESS IN EDUCATION FOUNDATION
    SUCCESS IN EDUCATION FOUNDATION
    10209 SANDY RIDGE RD SW
    10209 SANDY RIDGE RD SW
    ALBUQUERQUE,NM87121     		NOT APPLICABLE PUBLIC UNRESTRICTED 20,000
    TEENS ACT
    TEENS ACT
    420 W CADBURY DR E107
    420 W CADBURY DR E107
    SOUTH JORDAN,UT84095     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    THE HAPPY FACTORY
    THE HAPPY FACTORY
    896 NORTH 2175 WEST CIR
    896 NORTH 2175 WEST CIR
    CEDAR CITY,UT84721     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    THE ROAD HOME
    THE ROAD HOME
    210 SOUTH RIO GRANDE ST
    210 SOUTH RIO GRANDE ST
    SALT LAKE CITY,UT84101     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    TUACAHN CENTER FOR THE ARTS
    TUACAHN CENTER FOR THE ARTS
    1100 TUACAHN DR
    1100 TUACAHN DR
    IVINS,UT84738     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    UNITED WAY OF UTAH COUNTY
    UNITED WAY OF UTAH COUNTY
    148 N 100 W
    148 N 100 W
    PROVO,UT84601     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    UNIVERSITY OF UTAH
    DEVELOPMENT OFFICE
    201 PRESIDENTS CIRCLE
    ROOM 304
    SALT LAKE CITY,UT84112     		NOT APPLICABLE PUBLIC UNRESTRICTED 4,000
    UTAH COUNTY CRISIS LINE
    UTAH COUNTY CRISIS LINE
    1433 EAST 840 NORTH
    1433 EAST 840 NORTH
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    UTAH FOOD BANK
    UTAH FOOD BANK
    3150 SOUTH 900 WEST
    3150 SOUTH 900 WEST
    SALT LAKE CITY,UT84119     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    UTAH PARTNERS FOR HEALTH
    UTAH PARTNERS FOR HEALTH
    3665 SOUTH 8400 WEST
    3665 SOUTH 8400 WEST
    MAGNA,UT84044     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    UTAH SHAKESPEAREAN FESTIVAL
    UTAH SHAKESPEAREAN FESTIVAL
    351 W CENTER ST
    351 W CENTER ST
    CEDAR CITY,UT84720     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    UTAH STATE UNIVERSITY
    UTAH STATE UNIVERSITY
    1400 OLD MAIN HILL
    1400 OLD MAIN HILL
    LOGAN,UT84322     		NOT APPLICABLE PUBLIC UNRESTRICTED 40,000
    UTAH VALLEY SYMPHONY
    UTAH VALLEY SYMPHONY
    PO BOX 50118
    PO BOX 50118
    PROVO,UT84605     		NOT APPLICABLE PUBLIC UNRESTRICTED 4,500
    UTAH VALLEY UNIVERSITY FOUNDATION
    UTAH VALLEY UNIVERSITY FOUNDATION
    800 W UNIV PRKWY MS111
    800 W UNIV PRKWY MS111
    OREM,UT84058     		NOT APPLICABLE PUBLIC UNRESTRICTED 32,000
    UTAH YOUTH VILLAGE
    UTAH YOUTH VILLAGE
    5800 HIGHLAND DR
    5800 HIGHLAND DR
    SALT LAKE CITY,UT84121     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    VALLEY SERVICES
    VALLEY SERVICES
    3685 W 6200 S
    3685 W 6200 S
    SALT LAKE CITY,UT84118     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,500
    VOLUNTEERS OF AMERICA
    VOLUNTEERS OF AMERICA
    511 WEST 200 SOUTH 160
    511 WEST 200 SOUTH 160
    SALT LAKE CITY,UT84101     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    WOMEN WHO CARE MINISTRIES
    WOMEN WHO CARE MINISTRIES
    19634 CLUB HOUSE ROAD
    19634 CLUB HOUSE ROAD
    MONTGOMERY VILLAGE,MD20886     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    YOUR COMMUNITY CONNECTION
    YOUR COMMUNITY CONNECTION
    2261 ADAMS AVE
    2261 ADAMS AVE
    OGDEN,UT84401     		NOT APPLICABLE PUBLIC UNRESTRICTED 4,000
    YOUR HEALTH YOUR CHOICE FOUNDATION
    YOUR HEALTH YOUR CHOICE FOUNDATION
    1812 W SUNSET BLVD
    SUITE 1-207
    ST GEORGE,UT84770     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    ZAMBIA'S SCHOLARSHIP
    ZAMBIA'S SCHOLASHIP FOUNDATION
    PO BOX 515
    PO BOX 515
    BRIGHAM CITY,UT84302     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    MORE GOOD FOUNDATION
    MORE GOOD FOUNDATION
    1569 N TECHNOLOGY WAY BLD
    1569 N TECHNOLOGY WAY BLD
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 120,000
    Total .................................bullet 3a 819,344
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 1,711  
    4 Dividends and interest from securities....     14 129,232  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     14 563 8,158
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   131,506 8,158
    13Total. Add line 12, columns (b), (d), and (e)..................
    13139,664
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 3,550 3,550    

    TY 2012 CompensationExplanation
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Person Name Explanation
    ADAM ASHTON  
    ALAN C ASHTON  
    ALLISON NORTON  
    AMY JO YOUNG  
    ANNIE ASHTON  
    BRIGHAM ASHTON  
    CHAD YOUNG  
    ELIZABETH ASHTON  
    EMILY ANN EDDINGTON  
    ERIN ASHTON  
    HEATH WESTFALL  
    KAREN ASHTON  
    MELISSA ASHTON  
    MORGAN ASHTON  
    PAUL EDDINGTON  
    REBEKAH WESTFALL  
    SAMUEL ASHTON  
    SPENCER ASHTON  
    STEPHANIE ASHTON  
    STEPHEN ASHTON  
    TOBY NORTON  
    TRACI ASHTON  
    RALPH RASMUSSEN  
    ELIZA SMITH  
    MICHAEL SMITH  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    CONCOPHILLIPS 2006-01 PURCHASE 2012-06   121,772 113,615     8,157  
    PHILLIPS 66 2006-01 PURCHASE 2012-05   16 15     1  

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AFLAC INC 141,842 168,291
    BANK OF AMERICA CORP 142,060 36,614
    BERKSHIRE HATH CL B 108,191 219,765
    HOME DEPOT, INC. 124,800 228,293
    HONEYWELL INTL INC 117,375 158,675
    INTEL CORP. 126,654 86,188
    MICROSOFT CORP 182,303 183,469
    STANDARD & POORS DEP RECPT 108,359 142,410
    UNITEDHEALTH GROUP 133,815 125,263
    WELLS FARGO & CO 145,847 159,211
    ISHARES BARCLAYS AGGREGATE BD FUND    
    ISHARES BARCLAYS TIPS PROTECTED 259,538 312,631
    ISHARES CORE TOTAL US BOND 259,330 283,254
    JP MORGAN HI YLD SELC CL 269,456 332,038
    LOOMIS SAYLES STRATEGIC INC FD CL Y 420,008 563,656
    PUTNAM HIGH YIELD ADVANTAGE FD 260,000 335,429
    CONOCOPHILLIPS 33,750 60,959
    LORD ABBETT MID-CAP STOCK 319,355 345,046
    THORNBURG INTERNATIONAL VALUE 363,192 304,954

    TY 2012 OtherAssetsSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FURNITURE & EQUIPMENT   21,979 21,979


    TY 2012 OtherExpensesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE EXPENSES 150 150    


    TY 2012 OtherNotesLoansRcvblShortSch2
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Name of 501(c)(3) Organization Balance Due
    NOTES RECEIVABLE
          		7,546,794


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 16,213 16,213    


    TY 2012 TaxesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 619 619