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
GIANFORTE FAMILY CHARITABLE TRUST
 
% SUSAN GIANFORTE
Number and street (or P.O. box number if mail is not delivered to street address)1320 MANLEY ROADSuiteRoom/suite
City or town, state, and ZIP code
BOZEMAN, MT59715
A Employer identification number

30-6089834
B Telephone number (see instructions)

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$129,456,006J 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) 0
2 Check bullet
3 Interest on savings and temporary cash investments 5,979 5,979  
4 Dividends and interest from securities...... 3,192,400 1,320,174  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 60,968,889
b Gross sales price for all assets on line 6a 97,635,276
7 Capital gain net income (from Part IV, line 2)... 60,968,889
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)....... Click to see attachment 1,039,480 1,039,480  
12 Total. Add lines 1 through 11........ 65,206,748 63,334,522  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 8,000      
14 Other employee salaries and wages...... 9,000      
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 449      
b Accounting fees (attach schedule)....... 10,000      
c Other professional fees (attach schedule).... Click to see attachment 265,223 219,270    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 99,273 18,678    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 73,570      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 5,584      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 471,099 237,948   0
25 Contributions, gifts, grants paid........ 6,992,168 6,992,168
26 Total expenses and disbursements. Add lines 24 and 25 7,463,267 237,948   6,992,168
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 57,743,481
b Net investment income (if negative, enter -0-) 63,096,574
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...............      
2 Savings and temporary cash investments.......... 35,559,392 65,269,030 65,269,030
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
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)........ 60,336,897 Click to see attachment0 0
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)........... 35,490,547 Click to see attachment64,186,976 64,186,976
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 131,386,836 129,456,006 129,456,006
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......... 131,386,836 129,456,006
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 131,386,836 129,456,006
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 131,386,836 129,456,006
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)............... 1 131,386,836
2 Enter amount from Part I, line 27a..................... 2 57,743,481
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 189,130,317
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 59,674,311
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 129,456,006
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.)
1 a RIGHTNOW 12,050 SHS D 2010-12-16 2012-01-27
b RIGHTNOW 1,400,000 SHS D 2010-01-01 2012-02-09
c SEE STIFEL NICOLAUS #3164-4921 STMT P 2012-10-12 2012-11-29
d SEE STIFEL NICOLAUS #3164-4921 STMT P 2011-01-01 2012-12-07
e SEE STIFEL NICOLAUS #2288-1604 STMT P 2012-09-17 2012-11-09
SPDR GOLD TRUST ETF RTN OF PRINCIPAL P 2012-01-01 2012-05-16
SEE STIFEL NICOLAUS #3932-0247 STMT P 2011-10-21 2012-08-20
SEE STIFEL NICOLAUS #3932-0247 STMT P 2011-06-29 2012-08-14
SEE STIFEL NICOLAUS #2349-5389 STMT P 2011-06-29 2012-04-24
SEE STIFEL NICOLAUS #2349-5389 STMT P 2009-10-21 2012-03-30
SEE STIFEL NICOLAUS #6160-8568 STMT P 2012-03-02 2012-12-03
SEE STIFEL NICOLAUS #2489-0324 STMT   2012-04-11 2012-12-24
SEE STIFEL NICOLAUS #2489-0324 STMT P 2011-11-21 2012-12-24
SEE STIFEL NICOLAUS #3977-9768 STMT P 2011-08-01 2012-01-06
SEE STIFEL NICOLAUS #3977-9768 STMT P 2008-02-06 2012-01-26
APPOLO GLOBAL MGT LP P 2011-12-15 2012-04-10
HELIOS TOTAL RETURN FD CASH IN LIEU P 2011-06-28 2012-08-22
CAPITAL GAIN DIVIDENDS P    
(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 518,150     518,150
b 60,199,950     60,199,950
c 1,434,980   1,389,766 45,214
d 348,227   386,539 -38,312
e 186,422   187,168 -746
85   85  
36,055   29,838 6,217
152,627   93,248 59,379
319,995   362,776 -42,781
112,930   113,877 -947
32,950,250   32,958,661 -8,411
763,675   726,706 36,969
470,873   384,596 86,277
11,620   13,816 -2,196
11,433   17,236 -5,803
2,274   2,057 217
20   18 2
      115,710
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       518,150
b       60,199,950
c       45,214
d       -38,312
e       -746
       
      6,217
      59,379
      -42,781
      -947
      -8,411
      36,969
      86,277
      -2,196
      -5,803
      217
      2
       
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 60,968,889
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 7,147,350 121,500,953 0.058825
2010 3,031,965 80,310,235 0.037753
2009 1,986,450 54,201,981 0.036649
2008 2,577,126 58,942,499 0.043723
2007 1,385,814 27,242,881 0.050869
2 Total of line 1, column (d) ...................... 2 0.227819
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 0.045564
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 129,483,714
5 Multiply line 4 by line 3....................... 5 5,899,796
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 630,966
7 Add lines 5 and 6......................... 7 6,530,762
8 Enter qualifying distributions from Part XII, line 4.............. 8 6,992,168
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 1 630,966
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............................ 3 630,966
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- ..... 5 630,966
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 650,381
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.............. 7 650,381
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 19,415
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet19,415 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
     
    No
    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)
    bulletMT
    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 ofbulletSUSAN GIANFORTE Telephone no.bullet (216) 367-0680
    Located atbullet1320 MANLEY ROADBOZEMANMT ZIP+4bullet59715
    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
     
     
    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
     
    No
    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
     
    No
    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
     
    No
    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
    GREG GIANFORTE TRUSTEE
    10.0     		4,000 0 0
    1320 MANLEY ROAD
    BOZEMAN,MT59715
    SUSAN GIANFORTE TRUSTEE
    10.0     		4,000 0 0
    1320 MANLEY ROAD
    BOZEMAN,MT59715
    RICHARD GIANFORTE TRUSTEE
    1.0     		0 0 0
    1320 MANLEY ROAD
    BOZEMAN,MT59715
    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
     
    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
     
    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
    52,448,076
    b
    Average of monthly cash balances.......................
    1b
    79,007,471
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    131,455,547
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    131,455,547
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,971,833
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    129,483,714
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,474,186
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,474,186
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    630,966
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    630,966
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,843,220
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,843,220
    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
    5,843,220
    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
    6,992,168
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,992,168
    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
    630,966
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,361,202
    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 5,843,220
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 2009, 2008  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010....... 0
    e From 2011....... 809,151
    fTotal of lines 3a through e......... 809,151
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 6,992,168
    a Applied to 2011, but not more than line 2a 0
    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..... 5,843,220
    e Remaining amount distributed out of corpus 1,148,948
    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 1,958,099
    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 .............     		0
    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 ......     		1,958,099
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010.... 0
    d Excess from 2011.... 809,151
    e Excess from 2012.... 1,148,948
    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).)
    GREG SUSAN GIANFORTE
    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.
    GREG SUSAN GIANFORTE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    GRACE BIBLE CHURCH
    3825 S 19TH STREET
    BOZEMAN,MT59718     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 226,450
    YOUR NETWORK OF PRAISE
    PO BOX 2426
    317 1ST ST
    HAVRE,MT59501     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    ZOE PREGNANCY CARING CENTER
    1216 WEST LINCOLN C
    BOZEMAN,MT59715     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 10,000
    OMF INTERNATIONAL
    10 W DRY CREEK
    LITTLEON,CO80120     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 2,400
    CAMPUS CRUSADE FOR CHRIST
    100 LAKE HART DRIVE
    ORLANDO,FL32832     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 38,820
    COMPASSION INTERNATIONAL
    12290 VOYAGER PKWY
    COLORADO SPRINGS,CO80921     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 5,600
    FOCUS ON THE FAMILY
    12290 VOYAGER PKWY
    COLORADO SPRINGS,CO80921     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 460,000
    YOUNG LIFE
    420 N CASCADE AVE
    COLORADO SPRINGS,CO80903     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 41,000
    PETRA ACADEMY
    100 DISCOVERY DRIVE
    BOZEMAN,MT59718     		NONE CHARITABLE ORG. CHARITABLE PURPOSE (BUILDING FD & OPERATING FD) 704,890
    THE MASTERS COLLEGE
    21726 PLACERITA CANYON RD
    SANTA CLARITA,CA91321     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    UGANDA ORPHANS FUND
    101 OAK STREET
    BOZEMAN,MT59715     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    RED BANK COMMUNITY CHURCH
    135 MONMOUTH STREET
    RED BANK,NJ07701     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    YELLOWSTONE BOYS & GIRLS RANCH FOUNDATION
    208 N 29TH STREET STE 235
    BILLINGS,MT59101     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    CORNELL UNIVERSITY
    130 E SENECA ST STE 400
    ITHACA,NY14850     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 2,600
    STEVENS INSTITUTE OF TECHNOLOGY
    CASTLE POINT
    HOBOKEN,NJ07030     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 2,002,500
    ASLAN YOUTH MINISTRIES
    58 MAPLE AVE
    RED BANK,NJ07701     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 95,000
    LOVE INC
    LOVE IN THE NAME OF CHRIST-GALLATIN
    PO BOX 7117
    BOZEMAN,MT59771     		NONE CHARITABLE ORG CHARITABLE PURPOSE 54,000
    AMERICAN COMPUTER MUSEUM
    2023 STADIUM DRIVE
    BOZEMAN,MT59715     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    FLYING H YOUTH RANCH
    370 FLYING H LOOP
    NACHES,WA98937     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,200
    FRIEDMAN FOUNDATION
    PO BOX 82078
    INDIANAPOLIS,IN46282     		NONE CHARITABLE ORG CHARITABLE PURPOSE 25,000
    HERITAGE FOUNDATION
    214 MASSACHUSETTS AVE NE
    WASHINGTON DC,DC20202     		NONE CHARITABLE ORG CHARITABLE PURPOSE 2,000
    INTERMOUNTAIN CHILDREN'S HOME
    500 SOUTH LAMBORN
    HELENA,MT59601     		NONE CHARITABLE ORG CHARITABLE PURPOSE 10,000
    MONTANA FAMILY FOUNDATION
    PO BOX 485
    LAUREL,MT59044     		NONE CHARITABLE ORG CHARITABLE PURPOSE 280,000
    ROC WHEELS
    4135 VALLEY COMMONS DRIVE
    BOZEMAN,MT59718     		NONE CHARITABLE ORG CHARITABLE PURPOSE 7,000
    SACRED PORTION OF CHILDRENS OUTREACH
    7104 BRISTOL LANE
    BOZEMAN,MT59715     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    AFRICAN ENTERPRISE
    128 E PALM AVE 100
    MONROVIA,CA91016     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,200
    ALLIANCE DEFENSE FUND
    15100 90TH STREET
    SCOTTSDALE,AZ85260     		NONE CHARITABLE ORG CHARITABLE PURPOSE 25,000
    ST CATHERINE'S FAMILY HEALTH CARE CLINIC &
    PREGNANCY RESOURCE CENTER
    203 WEST MADISON SUITE E-2
    BELGRADE,MT59714     		NONE CHARTIABLE ORG CHARITABLE PURPOSE 11,200
    VISIONS BEYOND BORDERS
    PO BOX 11385
    BOZEMAN,MT59719     		NONE CHARITABLE ORG CHARTIABLE PURPOSE 11,000
    FAMILY RESEARCH COUNCIL
    801 G STREET NW
    WASHINGTON,DC20001     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    WARRIORS AND QUIET WATERS
    PO BOX 1165
    BOZEMAN,MT597711165     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    ASSOCIATION OF CLASSICAL & CHRISTIAN SCHOOLS
    P O BOX 9741
    MOSCOW,ID83843     		NONE CHARITABLE ORG CHARITABLE PURPOSE 10,000
    INTERMOUNTAIN OPERA
    PO BOX 37
    BOZEMAN,MT59771     		NONE CHARITABLE ORG CHARITABLE PURPOSE 12,250
    GALLATIN HISTORICAL SOCIETY
    317 W MAIN ST
    BOZEMAN,MT59715     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    FOUNDATION RESEACH & ECONOMIC ENVIRONMENT(FREE)
    662 FERGUSON AVENUE
    BOZEMAN,MT59718     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 5,000
    INTERVARSITY CHRISTIAN FELLOWSHIP
    6400 SCHROEDER ROAD
    MADISON,WI53707     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,200
    MONTANA SHAKESPEARE IN THE PARKS
    P O BOX 174120
    BOZEMAN,MT597174120     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 2,000
    MT THEATERWORKS
    508 N 22ND AVENUE
    BOZEMAN,MT59718     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 10,000
    NEW YORK UNIVERSITY
    44 WEST FOURTH ST 11-58
    NEW YORK,NY10012     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 250
    BIBLE LEAGUE INTERNATIONAL
    3801 EAGLE NEST DRIVE
    CRETE,IL60417     		NONE CHARITABLE ORG CHARITABLE PURPOSES 1,000
    ACE SCHOLARSHIPS
    1201 E COLFAX AVE
    DENVER,CO80218     		NONE CHARITABLE ORG CHARITABLE PURPOSE 723,858
    ADOPT A SOX
    P O BOX 6113
    BOZEMAN,MT59771     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    BOZEMAN SYMPHONY
    1001 OAK STREET
    BOZEMAN,MT59715     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    FELLOWSHIP OF CHRISTIAN COWBOYS
    PO BOX 1210
    CANON CITY,CO81215     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    CHRISTIAN MEDIA MINISTRY
    PO BOX 89
    BELGRADE,MT59714     		NONE CHARITABLE ORG CHARITABLE PURPOSES 1,000
    CROWN FINANCIAL MINISTRY
    1035 PEACHTREE RD
    LAWRENCEVILLE,GA30043     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    DUCKS UNLIMITED
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    FAMILIES OF SMA
    925 BUSSO RD
    ELK GROVE VILLAGE,IL60007     		NONE CHARITABLE ORG CHARITABLE PURPOSE 100
    MISSION AVIATION FELLOWSHIP
    PO BOX 47
    NAMPA,ID83653     		NONE CHARITABLE ORG CHARITABLE PURPOSE 5,000
    MONTANA POLICY INSTITUTE
    67 W KAGY BLVD STE B
    BOZEMAN,MT59715     		NONE CHARITABLE ORG CHARITABLE PURPOSE 25,000
    RAFIKI FOUNDATION
    23315 COUNTY ROAD 44A
    EUSTIS,FL32736     		NONE CHARITABLE ORG CHARITABLE PURPOSE 723,000
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC28607     		NONE CHARITABLE ORG CHARITABLE PURPOSE 100
    TEAM MENTORING INC
    PO BOX 30642
    BILLINGS,MT59107     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    WYCLIFFE BIBLE TRANSLATORS
    11221 JOHN WYCLIFFE BLVD
    ORLANDO,FL32832     		NONE CHARITABLE ORG CHARITABLE PURPOSE 1,000
    AMERICAN CENTER FOR LAW & JUSTICE
    P O BOX 90555
    WASHINGTON,DC20090     		NONE CHARITABLE ORG. CHARITABLE 1,000
    SUMMIT ACADEMY
    P O BOX 403
    LIVINGSTON,MT59047     		NONE CHARITABLE ORG CHARITABLE PURPOSE 20,000
    HELENA CHRISTIAN SCHOOL
    3384 CANYON FERRY RD
    EAST HELENA,MT59635     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 5,000
    HERITAGE CHRISTIAN SCHOOL
    4310 DURSTEN ROAD
    BOZEMAN,MT59718     		NONE CHARITABLE ORG CHARITABLE PURPOSE 250
    HILLSDALE COLLEGE
    33 E COLLEGE ST
    HILLSDALE,MI02146     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 100
    LIBERTY PLACE INC
    1173 MONTANA 55
    WHITEHALL,MT59759     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 500
    LOGOS SCHOOL
    110 BAKER ST
    MOSCOW,ID83843     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 100
    NATIONAL DAY OF PRAYER
    P O BOX 64225
    COLORADO SPRINGS,CO80962     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    NATIONAL MS SOCIETY
    192 NICKERSON ST
    SEATLE,WA98109     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 500
    NEW COLLEGE FRANKLIN
    P O BOX 1575
    FRANKLIN,TN37065     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 100
    NEW JERSEY FAMILY POLICY COUNCIL
    50 MT BETHEL RD
    WARREN,NJ07059     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 25,000
    OPERATION MOBILIZATION
    285 LYNWOOD AVE
    TYRONE,GA30290     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 2,400
    PROVISION INTERNATIONAL
    P O BOX 81694
    BILLINGS,MT59108     		NONE CHARITABLE ORG. CHARITABEL PURPOSE 1,000
    TRI COUNTY CHURCH
    1881 OLD 255 RD
    DUBOIS,PA15801     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 400
    TRINITY CHURCH
    4720 CLASSICAL WAY
    BOZEMAN,MT59715     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    UNITED METHODIST CHURCH
    121 S WILSON AVE
    BOZEMAN,MT59715     		NONE CHARITABLE ORG. CHARTIABLE PURPOSE 10,000
    WCU FOUNDATION
    202 CARTER DR
    WEST CHESTER,PA19382     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 5,000
    WONDERS OF SCIENCE
    6548 S NEWLIN
    WHITTIER,CA90601     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 50,000
    MONTANA BIBLE COLLEGE
    3625 S 19TH AVE
    BOZEMAN,MT59718     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,300,000
    CALIFORNIA FAMILY COUNCIL
    P O BOX 20012
    RIVERSIDE,CA92516     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 10,000
    CRU MINISTRIES
    100 LAKE HEART DR
    ORLANDO,FL32832     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 3,600
    OUR SAVIOR'S LUTHERAN CHURCH
    715 E BANNACK ST
    DILLON,MT59725     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 500
    VIGILANTE THEATER
    111 S GRANDE AVE
    BOZEMAN,MT59715     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 100
    BIBLE STUDY FELLOWSHIP
    3825 E 19TH STREET
    BOZEMAN,MT59718     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 1,000
    Total .................................bullet 3a 6,992,168
    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          
    4 Dividends and interest from securities....     14 3,198,379  
    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     18 60,968,889  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aORDINARY INCOME OTHER INVESTMENTS-MARK TO MARKET     18 1,039,480  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   65,206,748  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1365,206,748
    (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

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

    TY 2012 DepreciationSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Name of Stock End of Year Book Value End of Year Fair Market Value
    RNOW STOCK 0 0

    TY 2012 InvestmentsOtherSchedule2
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PIMCO TOTAL RETURN BONDS FMV 18,267,761 18,267,761
    HARDING LOEVNER EQUITIES FMV 4,396,297 4,396,297
    HANSBERGER INT'L EQUITIES FMV    
    INDEXING ETFS CORE EQUITIES FMV 7,394,628 7,394,628
    MESIROW ALTERNATIVE FMV 91,272 91,272
    NEW SOUTH SMALL CAP FMV 2,397,035 2,397,035
    BERENS GLOBAL VALUE FMV 2,403,995 2,403,995
    FINTAN FMV 3,308,673 3,308,673
    KAYNE ANDERSON MIDSTREAM FMV 1,271,252 1,271,252
    LIGHTHOUSE GLOBAL FMV 2,765,939 2,765,939
    OLD KINGS FMV 1,743,472 1,743,472
    ISHARES RUSSELL 2000 GROWTH FMV 1,501,198 1,501,198
    WHIPPOORWILL FMV 4,936,390 4,936,390
    PARAMETRIC FMV 6,670,538 6,670,538
    LATTICE STRATEGIES FMV 2,498,487 2,498,487
    THORNBURG FMV 3,590,311 3,590,311
    TPG OPPORTUNITIES FMV 949,728 949,728

    TY 2012 LandEtcSchedule2
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2012 OtherDecreasesSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 59,674,311


    TY 2012 OtherExpensesSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKKEEPING 263      
    TELEPHONE 271      
    OFFICE SUPPLIES 4,772      
    POSTAGE/DELIVERY 250      
    MISC FEES 28      


    TY 2012 OtherIncomeSchedule2
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FINTAN INV LTD (SEE FORM 8621) 164,164 164,164  
    LIGHTHOUSE GLOBAL (SEE FORM 8621) 129,290 129,290  
    LATTICE STRATEGIES (SEE FORM 8621) 268,487 268,487  
    OLD KINGS CAPITAL (SEE FORM 8621) 221,149 221,149  
    WHIPPORWILL DIST OPPTY (SEE FORM 8621) 256,390 256,390  


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGT FEES 218,324 172,371    
    PORTFOLIO DEDUCTIONS THRU K1S 46,899 46,899    


    TY 2012 TaxesSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN: 30-6089834
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FREIGN TAX ON DIVIDENDS 18,678 18,678    
    EXCISE TAX-EST TAX PMTS 80,000      
    PAYROLL TAXES 595