Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
GABUS FOUNDATION
C/O IOWA STATE BANK/STEVE HOEKSEMA

Number and street (or P.O. box number if mail is not delivered to street address)2301 128TH STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
URBANDALE, IA50323
A Employer identification number

42-1448004
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$1,838,151
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 171,577
2 Check bullet
3 Interest on savings and temporary cash investments 31,297 31,180  
4 Dividends and interest from securities...... 31,948 31,948  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 682,849
b Gross sales price for all assets on line 6a 3,430,598
7 Capital gain net income (from Part IV, line 2)... 682,849
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)....... 30    
12 Total. Add lines 1 through 11........ 917,701 745,977  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 2,761 2,761    
c Other professional fees (attach schedule).... 28,244 28,244    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) 2,468 647    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 20 20    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,493 31,672   0
25 Contributions, gifts, grants paid........ 2,745,900 2,745,900
26 Total expenses and disbursements. Add lines 24 and 25 2,779,393 31,672   2,745,900
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,861,692
b Net investment income (if negative, enter -0-) 714,305
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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............... 149,734 235,261 235,261
2 Savings and temporary cash investments..........      
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 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)........ 1,019,774 Click to see attachment381,131 609,086
c Investments—corporate bonds (attach schedule)........ 702,852 Click to see attachment472,613 480,281
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,512,170 Click to see attachment433,833 513,523
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) 3,384,530 1,522,838 1,838,151
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.................... 3,384,530 1,522,838
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    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,384,530 1,522,838
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,384,530 1,522,838
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 3,384,530
2 Enter amount from Part I, line 27a..................... 2 -1,861,692
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 1,522,838
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 1,522,838
Form 990-PF (2013)
Form 990-PF (2013)
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 ABERDEEN EMERGING MARKETS P 2012-12-27 2013-06-03
b UNITEDHEALTH GROUP INC P 2012-08-20 2013-02-26
c CAPITAL ONE FINANCIAL CORP P 2012-01-13 2013-02-26
d EXXON MOBIL CORP P 2009-04-17 2013-05-21
e KIMBERLY CLARK CORP P 2006-10-02 2013-08-15
PIMCO COMMODITY REAL RETURN STARTEGY P 2009-12-22 2013-02-26
UNITED TECHNOLOGIES CORP P 2002-09-06 2013-05-21
UNITED PARCEL SERVICE P 2008-08-06 2013-01-15
ACADIAN EMERGING MARKETS PORTFOLIO P 2012-12-27 2013-02-26
VANGUARD INDEX TR REIT VIPERS P 2012-08-20 2013-02-26
CATERPILLAR INC P 2010-07-28 2013-05-21
FINANCIAL SELECT SECTOR SPDR P 2008-09-19 2013-02-26
MACERICH CO P 2004-10-29 2013-05-21
PIMCO COMMODITY REAL RETURN STRATEGY P 2009-12-30 2013-02-26
VANGUARD INDEX TR REIT VIPERS P 2010-12-21 2013-02-26
VODAFONE GROUP PLC NEW ADR P 2008-06-13 2013-01-08
ARTISAN INTERNATIONAL FUND P 2012-12-27 2013-02-19
VANGUARD SHORT TERM INVEST GRADE FD P 2013-05-14 2013-06-03
COCA COLA CO P 2008-09-19 2013-05-21
FINANCIAL SELECT SECTOR SPDR P 2009-03-25 2013-02-26
MACERICH CO P 2009-06-22 2013-05-21
PIMCO COMMODITY REAL RETURN STRATEGY P 2010-12-21 2013-02-26
VISA INC P 2009-06-24 2013-05-21
ARTIO GLOBAL HIGH INCOME P 2011-06-23 2013-02-01
CME GROUP INC P 2012-08-20 2013-02-26
VANGUARD SHORT TERM INVEST GRADE FD P 2013-05-14 2013-05-15
COCA COLA CO P 2009-04-27 2013-05-21
FISERV INC P 2009-03-25 2013-02-26
MACERICH CO P 2009-09-21 2013-05-21
PIMCO COMMODITY REAL RETURN STRATEGY P 2011-12-07 2013-02-26
WAL-MART STORES INC P 2000-02-09 2013-02-26
ARTISAN MID CAP FUND-INS P 2012-08-20 2013-02-01
DODGE & COX INTL STOCK P 2012-08-20 2013-02-19
WELLS FARGO ADVANTAGE SMALL CAP VALU P 2012-12-07 2013-02-26
COMCAST CORP NEW CL A P 2004-04-29 2013-05-17
GILEAD SCIENCES INC P 2012-01-13 2013-05-15
MACERICH CO P 2009-12-21 2013-05-21
POWERSHARES LISTED PRIVATE EQUITY P 2010-12-21 2013-02-26
WAL-MART STORES INC P 2001-06-21 2013-02-26
DIAMOND HILL LONG-SHORT FD CL I P 2012-08-20 2013-02-01
DREYFUS INTERNATIONAL BOND CL I P 2012-12-27 2013-06-03
ACCENTURE PLC P 2008-11-18 2013-05-15
CVS CAREMARK CORP P 2000-02-09 2013-05-21
GOLDMAN SACHS GROUP INC P 2005-09-08 2013-10-15
MACERICH CO P 2010-03-22 2013-05-21
POWERSHARES LISTED PRIVATE EQUITY P 2011-07-07 2013-02-26
WAL-MART STORES INC P 2004-04-29 2013-02-26
DRIEHAUS ACTIVE INCOME FUND P 2012-12-27 2013-02-01
EATON CORP PLC P 2012-12-03 2013-05-21
ACCENTURE PLC P 2009-02-09 2013-05-15
CVS CAREMARK CORP P 2001-08-22 2013-05-21
GOOGLE INC CL A P 2009-01-23 2013-02-26
NESTLE S A ADR P 2009-04-08 2013-05-15
PRECISION CASTPARTS CORP P 2006-09-29 2013-02-26
WAL-MART STORES INC P 2006-01-12 2013-02-26
IVY ASSET STRATEGY FUND CLASS I P 2012-12-27 2013-02-01
HARBOR INTERNATIONAL P 2013-02-19 2013-06-05
ACCENTURE PLC P 2009-03-25 2013-05-15
CVS CAREMARK CORP P 2002-12-18 2013-05-21
GOOGLE INC CL A P 2009-02-09 2013-02-26
NESTLE S A ADR P 2009-04-17 2013-05-15
REGENCY CENTERS CORP P 2005-11-23 2013-05-15
WALT DISNEY COMPANY HOLDING CO P 2012-01-13 2013-04-08
JP MORGAN MID CAP VALUE INSTITUTIONA P 2012-12-13 2013-06-03
AFLAC INCORPORATED P 2002-01-14 2013-04-08
DIAGEO PLC ADR P 2009-04-17 2013-04-24
HCP INC P 2004-10-29 2013-05-21
NOVARTIS AG ADR P 2007-05-29 2013-05-21
TARGET CORP P 2009-06-03 2013-06-15
WELLS FARGO ADV ASSET ALLOCATION FUN P 2010-12-21 2013-02-19
OPPENHEIMER DEVELOPING MKTS FD CL Y P 2012-08-20 2013-06-03
AMERICAN FD-EUROPACIFIC GROWTH CL F2 P 2008-04-10 2013-02-19
DODGE & COX INTL STOCK P 2011-06-21 2013-02-19
HCP INC P 2006-01-12 2013-05-21
NOVARTIS AG ADR P 2008-04-28 2013-05-21
TECHNOLOGY SELECT SPDR P 2004-12-29 2013-02-26
WELLS FARGO ADV ULTRA SHORT TERM INC P 2009-12-04 2013-05-14
PIMCO COMMODITY REAL RETURN STRATEGY P 2012-12-12 2013-02-26
AMERICAN FD-EUROPACIFIC GROWTH CL F2 P 2008-12-23 2013-02-19
EMERSON ELECTRIC CO P 2010-07-19 2013-05-01
ISHARES TR MSCI EMERGING MARKETS IND P 2008-12-01 2013-02-26
OPPENHEIMER DEVELOPING MKTS P 2012-01-13 2013-06-03
THERMO FISHER SCIENTIFIC INC P 2009-02-09 2013-04-08
WELLS FARGO ADV ULTRA SHORT TERM MUN P 2011-12-29 2013-06-03
PIMCO LOW DURATION INSTITUTIONAL P 2013-01-03 2013-06-03
AVALONBAY COMMUNITIES INC P 2004-10-29 2013-02-26
EXXON MOBIL CORP P 1998-01-05 2013-05-21
JP MORGAN MID CAP VALUE INSTITUTIONA P 2004-04-29 2013-06-03
ORACLE CORP P 2004-04-29 2013-05-15
THERMO FISHER SCIENTIFIC INC P 2010-10-14 2013-04-08
WELLS FARGO ADVANTAGE SMALL CAP VALU P 2010-03-23 2013-02-26
PRINCIPAL INV REAL ESTATE SECURITIES P 2012-12-27 2013-06-03
AVALONBAY COMMUNITIES INC P 2004-12-29 2013-02-26
EXXON MOBIL CORP P 1998-11-09 2013-05-21
JP MORGAN MID CAP VALUE INSTITUTIONA P 2007-12-17 2013-06-03
PIMCO COMMODITY REAL RETURN STRATEGY P 2009-09-15 2013-02-26
THORNBURG INTERNATIONAL VALUE CL I P 2008-04-10 2013-02-19
WELLS FARGO ADVANTAGE SMALL CAP VALU P 2011-12-09 2013-02-26
PRINCIPAL MIDCAP BLEND FUND P 2012-12-27 2013-06-03
AVALONBAY COMMUNITIES P 2009-01-30 2013-02-26
EXXON MOBIL CORP P 2002-01-14 2013-05-21
JP MORGAN MID CAP VALUE INSTITUTIONA P 2008-12-18 2013-06-03
PIMCO COMMODITY REAL RETURN STRATEGY P 2009-12-04 2013-02-26
TRAVELERS COMPANIES INC P 2003-09-05 2013-02-28
CARNIVAL CORP P 2006-08-21 2013-01-08
SEIX HIGH YIELD BOND FUND CL I P 2012-12-27 2013-02-27
BERKSHIRE HATHAWAY INC CL B P 2004-03-22 2013-05-21
EXXON MOBIL CORP P 2009-03-25 2013-05-21
JOHNSON CTL INC P 2011-03-25 2013-02-26
PIMCO COMMODITY REAL RETURN STRATEGY P 2009-12-09 2013-02-26
UNION PACIFIC CORP P 2010-07-15 2013-05-21
DODGE & COX INTL STOCK FD P 2011-06-21 2013-01-04
(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 24,474   25,000 -526
b 21,080   21,312 -232
c 20,356   19,511 845
d 6,525   3,434 3,091
e 50,000   49,630 370
19,875   25,000 -5,125
39,107   11,694 27,413
50,000   50,258 -258
24,973   25,000 -27
34,274   33,065 1,209
22,065   17,233 4,832
10,339   13,020 -2,681
10,587   7,767 2,820
23,621   30,000 -6,379
68,549   53,077 15,472
15,234   17,928 -2,694
26,318   25,000 1,318
318,816   320,000 -1,184
30,477   18,846 11,631
6,892   3,536 3,356
282   68 214
21,336   30,000 -8,664
45,407   15,525 29,882
59,347   60,844 -1,497
17,527   16,226 1,301
30,000   30,000  
25,398   12,660 12,738
31,924   14,142 17,782
141   51 90
2,814   3,261 -447
10,665   8,712 1,953
43,468   41,842 1,626
34,279   30,000 4,279
2,114   2,006 108
44,562   21,427 23,135
44,760   17,720 27,040
141   54 87
32,765   31,920 845
10,665   7,510 3,155
86,452   80,000 6,452
24,134   25,000 -866
24,180   8,413 15,767
29,660   9,782 19,878
50,000   51,019 -1,019
141   72 69
15,137   15,024 113
7,110   5,789 1,321
25,187   25,000 187
18,574   14,066 4,508
16,120   6,607 9,513
11,864   3,731 8,133
23,780   9,879 13,901
28,123   13,856 14,267
54,547   18,995 35,552
21,330   13,773 7,557
26,630   25,000 1,630
6,000   5,980 20
8,060   3,114 4,946
17,796   3,797 13,999
7,927   3,791 4,136
7,031   3,274 3,757
14,552   13,711 841
34,808   23,016 11,792
1,203   1,043 160
14,590   7,782 6,808
30,274   11,747 18,527
11,018   4,928 6,090
21,596   16,311 5,285
25,000   25,224 -224
81,511   75,000 6,511
43,571   40,000 3,571
108,791   122,376 -13,585
29,398   29,067 331
11,018   5,208 5,810
15,639   10,596 5,043
17,559   12,720 4,839
34,727   34,037 690
1,240   1,284 -44
5,611   3,554 2,057
50,000   54,106 -4,106
85,660   43,240 42,420
47,279   40,000 7,279
30,981   15,800 15,181
50,104   50,000 104
49,571   50,000 -429
19,020   9,418 9,602
13,967   4,017 9,950
136,252   82,676 53,576
50,595   17,460 33,135
9,681   6,175 3,506
55,510   48,000 7,510
27,137   25,000 2,137
12,565   7,416 5,149
27,933   10,850 17,083
11,458   8,664 2,794
25,492   30,000 -4,508
115,083   122,765 -7,682
271   249 22
29,220   25,000 4,220
1,002   419 583
9,311   3,899 5,412
6,795   3,154 3,641
27,426   35,000 -7,574
32,247   14,072 18,175
14,824   15,944 -1,120
25,123   25,000 123
55,962   12,120 43,842
26,436   13,147 13,289
14,750   20,069 -5,319
651   801 -150
31,771   14,510 17,261
40,000   40,933 -933
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       -526
b       -232
c       845
d       3,091
e       370
      -5,125
      27,413
      -258
      -27
      1,209
      4,832
      -2,681
      2,820
      -6,379
      15,472
      -2,694
      1,318
      -1,184
      11,631
      3,356
      214
      -8,664
      29,882
      -1,497
      1,301
       
      12,738
      17,782
      90
      -447
      1,953
      1,626
      4,279
      108
      23,135
      27,040
      87
      845
      3,155
      6,452
      -866
      15,767
      19,878
      -1,019
      69
      113
      1,321
      187
      4,508
      9,513
      8,133
      13,901
      14,267
      35,552
      7,557
      1,630
      20
      4,946
      13,999
      4,136
      3,757
      841
      11,792
      160
      6,808
      18,527
      6,090
      5,285
      -224
      6,511
      3,571
      -13,585
      331
      5,810
      5,043
      4,839
      690
      -44
      2,057
      -4,106
      42,420
      7,279
      15,181
      104
      -429
      9,602
      9,950
      53,576
      33,135
      3,506
      7,510
      2,137
      5,149
      17,083
      2,794
      -4,508
      -7,682
      22
      4,220
      583
      5,412
      3,641
      -7,574
      18,175
      -1,120
      123
      43,842
      13,289
      -5,319
      -150
      17,261
      -933
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 2 682,849
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 29,541
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))
2012 221,092 3,800,989 0.058167
2011 203,374 3,699,395 0.054975
2010 191,414 3,426,957 0.055855
2009 178,119 2,963,874 0.060097
2008 190,000 3,324,658 0.057149
2 Total of line 1, column (d) ...................... 2 0.286243
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 0.057249
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 2,343,281
5 Multiply line 4 by line 3....................... 5 134,150
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,143
7 Add lines 5 and 6......................... 7 141,293
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,745,900
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 (2013)
Form 990-PF (2013)
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 7,143
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 7,143
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 7,143
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 1,900
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 1,900
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 5,243
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 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)
    bulletIA
    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 2013 or the taxable year beginning in 2013 (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.Click to see attachment
    10
    Yes
     
    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 ofbulletWOODWARD & ASSOCIATES Telephone no.bullet (309) 662-8797
    Located atbullet1707 CLEARWATER AVENUEBLOOMINGTONIL ZIP+4bullet61704
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    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 (2013)
    Form 990-PF (2013)
    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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 2013 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 2013.)....................
    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 2013?
    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 (2013)
    Form 990-PF (2013)
    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
    GENE GABUSClick to see attachment TREASURER &
    1.00
    0 0 0
    32400 WILDWOOD DRIVE
    DES MOINES,IA50003
    JAN GABUSClick to see attachment VICE PRESIDE
    1.00
    0 0 0
    1913 NEWELL ROAD
    PALO ALTO,CA94303
    PATRICIA PETERSONClick to see attachment PRESIDENT
    1.00
    0 0 0
    20255 COLLEGE BLVD
    OLATHE,KS66061
    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 (2013)
    Form 990-PF (2013)
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    117,164
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    7,143
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,143
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    110,021
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    110,021
    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
    110,021
    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
     
    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
     
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2012
    (c)
    2012
    (d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 110,021
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 25,150
    b From 2009....... 31,392
    c From 2010....... 22,157
    d From 2011....... 20,423
    e From 2012....... 32,942
    fTotal of lines 3a through e......... 132,064
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 2,745,900
    a Applied to 2012, 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 2013 distributable amount..... 110,021
    e Remaining amount distributed out of corpus 2,635,879
    5 Excess distributions carryover applied to 2013.    
    (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 2,767,943
    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 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........
    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 2008 not
    applied on line 5 or line 7 (see instructions) ...
    25,150
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......
    2,742,793
    10 Analysis of line 9:
    a Excess from 2009.... 31,392
    b Excess from 2010.... 22,157
    c Excess from 2011.... 20,423
    d Excess from 2012.... 32,942
    e Excess from 2013.... 2,635,879
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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).)
    GENE GABUS
    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.
    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 (2013)
    Form 990-PF (2013)
    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
    URBANDALE PARK & RECREATION MAC CAM
    3600 86TH STREET
    URBANDALE,IA50322
        GENERAL PURPOSE 2,400
    YMCA OF GREATER DES MOINES
    101 LOCUST STREET
    DES MOINES,IA50309
        GENERAL PURPOSE 90,000
    HOPE 2 OFFER
    5650 METRO EAST DRIVE
    PLEASANT HILL,IA50327
        GENERAL PURPOSE 3,500
    DES MOINES CHORAL SOCIETY
    PO BOX 310017
    DES MOINES,IA50310
        GENERAL PURPOSE 50,000
    URBANDALE COMMUNITY ACTION NETWORK
    PO BOX 7615
    URBANDALE,IA50323
        GENERAL PURPOSE 20,000
    DES MOINES SYMPHONY
    1011 LOCUST ST STE 200
    DES MOINES,IA50309
        GENERAL PURPOSE 1,000,000
    REBUILD TOGETHER GREATER DES MOINES
    111 - 9TH STREET 265
    DES MOINES,IA50314
        GENERAL PURPOSE 10,000
    MAKING A CONNECTION CAMP
    3600 - 86TH STREET
    URBANDALE,IA50322
        GENERAL PURPOSE 50,000
    URBANDALE FOOD PANTRY
    7611 DOUGLAS AVENUE
    URBANDALE,IA50322
        GENERAL PURPOSE 20,000
    DES MOINES COMMUNITY PLAYHOUSE
    831 - 42ND STREET
    DES MOINES,IA50312
        GENERAL PURPOSE 1,000,000
    MID-IOWA COUNCIL BOY SCOUTS
    PO BOX 3009
    DES MOINES,IA50316
        GENERAL PURPOSE 500,000
    Total .................................bullet 3a 2,745,900
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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....          
    3
    Interest on savings and temporary cash investments ............
        14 31,297  
    4 Dividends and interest from securities....     14 31,948  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............
             
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............
        14 3,475 679,374
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aWF CLASS ACTION SETTLEMENT     14 14  
    bISB CLASS ACTION SETTLEMENT     14 16  
    cKARCO GROUP     14 4,665  
    d1099 IN ERROR     14 -4,665  
    e
    12 Subtotal. Add columns (b), (d), and (e)..   66,750 679,374
    13Total. Add line 12, columns (b), (d), and (e)..................
    13746,124
    (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 (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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 (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    Employer identification number

    42-1448004
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    Employer identification number

    42-1448004
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
     
     

    GENE GABUS  
    32400 WILDWOOD DRIVE
     
    ADEL, IA50003

    $171,577


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    Employer identification number

    42-1448004
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    Employer identification number

    42-1448004
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  

    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WOODWARD & ASSOCIATES 2,761 2,761    
    PREPARATION OF 990-PF        

    TY 2013 CompensationExplanation
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Person Name Explanation
    GENE GABUS  
    JAN GABUS  
    PATRICIA PETERSON  

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BB&T 26,249 26,614
    BERKSHIRE HATHAWAY    
    CATERPILLAR FINANCIAL 49,940 50,351
    CITIGROUP MED TERM NOTE 19,799 21,619
    EMERSON ELECTRIC    
    GENERAL ELECTRIC CAP CORP 50,865 51,132
    GOLDMAN SACHS GROUP    
    KIMBERLY-CLARK CORP    
    MELLON FUNDING CORP 27,975 28,310
    MORGAN STANLEY 25,219 27,888
    MORGAN STANLEY 27,617 28,606
    MORGAN STANLEY 53,696 55,810
    NOVARTIS 51,770 51,667
    ORACLE 53,848 50,863
    PFIZER INC 34,956 36,983
    SHELL INTERNATIONAL 24,993 25,198
    STATOILHYDRO 25,686 25,240
    TARGET CORPORATION    
    UNITED PARCEL SERVICE    

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 8,300 15,332
    ABBVIE INC 9,001 21,124
    ACCENTURE LTD    
    AFLAC INC    
    AMEX FINANCIAL SELECT    
    AMEX TECHNOLOGY SELECT    
    AVALONBAY CMNTYS    
    BERKSHIRE HATHAWAY INC    
    CAPITAL ONE FINANCIAL    
    CARNIVAL CORP    
    CATERPILLAR INC    
    CISCO SYSTEMS 20,559 24,673
    CME GROUP    
    COCA COLA CO    
    COMCAST CORP    
    CONOCOPHILLIPS 12,391 36,314
    EATON VANCE/COOPER INDUSTRIES    
    CVS CORP    
    DEERE & CO 19,350 36,532
    DIAGEO PLC    
    EMC CORP 21,280 20,120
    EXXON MOBIL CORP    
    FISERV INC    
    GENERAL ELECTRIC COMPANY 41,572 50,454
    GILEAD SCIENCES INC    
    GOOGLE INC    
    HEALTH CARE PPTYS INVS    
    INTEL CORP 28,243 31,146
    IBM 16,222 37,514
    JOHNSON CONTROLS    
    JOHNSON & JOHNSON 19,540 36,636
    MACERICH CO    
    MCCONALDS 19,008 33,961
    MICROSOFT CORP 27,569 37,410
    MONSANTO CO 19,532 29,138
    NESTLE    
    NOVARTIS    
    ORACLE CORPORATION    
    PEPSICO INC 20,643 45,617
    PROCTOR & GAMBLE COMPANY 16,172 36,634
    PRECISION CAST PARTS CORP    
    REGENCY CENTERS CORP    
    SCHLUMBERGER LTD 19,356 36,044
    TARGET CORP 19,432 31,635
    TEVA PAHRMACEUTICAL 16,590 12,024
    THERMO FISHER SCIENTIFIC    
    THE ST PAUL TRAVELER COS    
    UNITED HEALTH GROUP    
    UNION PACIFIC CORP    
    UNITED PARCEL SERVICE 26,371 36,778
    UNITED TECHNOLOGIES CORP    
    VISA INC    
    VODAPHONE GROUP    
    WALMART STORES INC    
    WALT DISNEY    

    TY 2013 InvestmentsOtherSchedule2
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ABERDEEN EMRGING MKTS AT COST    
    ACADIAN MERGING MKTS AT COST    
    ARTIO GLOBAL HIGH INCOME AT COST    
    ARTIO INTL EQUITY FUND AT COST    
    ARTISAN INTL FUND AT COST    
    ARTISAN MID CAP FUND AT COST    
    AMERICAN EUROPACIFIC AT COST    
    DIAMOND HILL LONG SHORT FUND AT COST    
    DODGE & COX AT COST    
    DREYFUS INTL BOND FUND AT COST    
    DRIEHAUS ACTIVE INCOME FUND AT COST    
    HARBOR INTERNATIONAL AT COST 194,020 213,702
    ISHARES TR MSCI EMERGING MKTS AT COST    
    IVY ASSET STRATEGY FUND AT COST    
    JP MORGAN MID CAP VALUE - I 758 AT COST    
    OPPENHEIMER DEVELOP MKTS AT COST    
    PIMCO COMMODITY AT COST    
    POWERSHARES AT COST    
    PRINCIPAL INVESTORS R/E AT COST    
    PRINCIPAL MIDCAP BLEND AT COST    
    RIDGEWORTH SEIX HIGH YIELD AT COST    
    ROYCE PENNSYLVANIA AT COST 39,813 82,941
    THORNBURG INTL AT COST    
    UMB SCOUT INTERNATIONAL FUND AT COST 200,000 216,880
    VANGUARD REIT AT COST    
    WELLS FARGO ADVANTAGE ASSET AT COST    
    WELLS FARGO ADVANTAGE ULTRA SHORT AT COST    
    WELLS FARGO ADVANTAGE ULTRA SHORT AT COST    
    WELLS FARGO FDS TR AT COST    
    ACCRUED INCOME AT COST    

    TY 2013 OtherExpensesSchedule
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    WELLS FARGO INVESTMENT EXPENS 6 6    
    IBS INVESTMENT EXPENSES 14 14    


    TY 2013 OtherIncomeSchedule2
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    WF CLASS ACTION SETTLEMENT 14    
    ISB CLASS ACTION SETTLEMENT 16    
    KARCO GROUP 4,665    
    1099 IN ERROR -4,665    


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WELLS FARGO FIDUCIARY FEES 4,614 4,614    
    ISB FIDUCIARY FEES 9,275 9,275    
    DUNCAN, GREEN, BROWN LEGAL FEES 14,355 14,355    


    TY 2013 SubstantialContributorsSch
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Name Address
    GENE GABUS 32400 WILDWOOD DRIVE
    DES MOINES,IA50003


    TY 2013 TaxesSchedule
    Name:
    GABUS FOUNDATION
    C/O IOWA STATE BANK/STEVE HOEKSEMA
    EIN: 42-1448004
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VARIOUS COUNTRIES 647 647    
    FOREIGN TAX ON DIVIDENDS        
    US TREASURY 1,821