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 12-01-2012 , and ending 11-30-2013
Name of foundation
The Arthur B Schultz Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)PO Box 1570   Room/suite
City or town, state, and ZIP code
Lander, WY82520
A Employer identification number

95-3980014
B Telephone number (see instructions)

(775) 832-9222
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$6,098,379J Accounting method:
Modified Cash
(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) 216,665
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 95,830 95,830  
5a Gross rents.............. 6,037 6,037  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 156,438
b Gross sales price for all assets on line 6a 717,172
7 Capital gain net income (from Part IV, line 2)... 156,438
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 4,521 4,331  
12 Total. Add lines 1 through 11........ 479,491 262,636  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,555     70,555
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 18,658     18,658
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 630     630
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 12,336 5,707   6,629
19 Depreciation (attach schedule) and depletion... Click to see attachment 23,400 23,400  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 18,155 1,243   16,912
22 Printing and publications.......... 80     80
23 Other expenses (attach schedule)....... Click to see attachment 47,869 27,509   16,646
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 191,683 57,859   130,110
25 Contributions, gifts, grants paid........ 418,308 418,308
26 Total expenses and disbursements. Add lines 24 and 25 609,991 57,859   548,418
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -130,500
b Net investment income (if negative, enter -0-) 204,777
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............... 138,406 144,649 144,649
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet26,870
Less: allowance for doubtful accounts bullet   28,723 26,870 26,870
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)........ 1,897,528 Click to see attachment1,707,210 3,370,460
c Investments—corporate bonds (attach schedule)........ 653,811 Click to see attachment734,243  
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet937,000
Less: accumulated depreciation (attach schedule) bullet140,400 820,000 Click to see attachment796,600 2,556,400
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,538,468 3,409,572 6,098,379
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) Click to see attachment30,706 Click to see attachment32,909
23 Total liabilities (add lines 17 through 22).......... 30,706 32,909
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 3,507,762 3,376,663
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).................... 3,507,762 3,376,663
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,538,468 3,409,572
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 3,507,762
2 Enter amount from Part I, line 27a..................... 2 -130,500
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 1
4 Add lines 1, 2, and 3.......................... 4 3,377,263
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 600
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,376,663
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 100 Sh 3M P 2008-10-10 2013-06-13
b 100 Sh Abbot P 2011-03-24 2013-04-10
c 1287 sh Abbvie P 2011-04-11 2013-06-13
d 415 sh Activsion P 2012-03-12 2013-03-13
e 1000 sh Appied Materials P 2012-11-16 2013-02-14
200 Sh Berkshire Hathaway P 2007-12-18 2013-02-15
463 Sh Body Central P 2012-07-10 2013-07-11
Call Abbott Labs P 2012-12-22 2012-10-23
Call Berkshire Hathaway P 2012-12-22 2012-10-23
Call Weight Watchers P 2013-04-20 2013-02-19
Call Weight Watchers P 2013-07-19 2013-04-30
Call Weight Watchers P 2013-08-16 2013-07-24
250 Sh Carmax P 2004-01-26 2013-06-13
23 sh Corning Inc P 2012-05-18 2013-02-15
576 sh Dice Holdings P 2012-09-13 2013-09-16
160 sh Dolby Lab P 2012-01-03 2013-01-02
173 Entergy P 2011-08-09 2013-06-13
1527 sh Excelsior Emerging P 2004-11-22 2013-06-13
541 sh Exelis P 2012-01-03 2013-01-04
163 sh Forest Lab P 2012-01-03 2013-01-04
856 sh Formula Investing P 2012-01-17 2013-06-13
196 sh Gilead Sciences P 2012-05-10 2013-05-13
128 sh Hollyfrontier P 2012-11-05 2013-11-06
221 sh ITT P 2012-03-12 2013-03-13
497 sh Intersections P 2012-11-05 2013-11-04
391 sh J2 Global Commun P 2012-07-10 2013-07-11
1000 sh Lowes P 2008-07-28 2013-06-13
162 sh Microsoft P 2012-05-10 2013-05-13
168 sh Microsoft P 2012-07-10 2013-05-13
670 sh Microsoft P 2012-11-16 2013-05-13
168 sh Microsoft P 2012-11-16 2013-07-11
283 Momenta Pharma P 2012-01-03 2013-01-02
400 sh Novartis P 2010-08-24 2013-06-13
109 sh Nu Skin P 2012-11-05 2013-11-06
843 sh Osterweis Fund P 2003-09-04 2013-01-22
1109 sh Osterweis Fund P 2003-12-19 2013-03-25
626 sh Osterweis Fund P 2004-06-02 2013-04-24
449 Petmed Express P 2012-11-05 2013-11-06
857 sh Pfizer P 2011-01-03 2013-08-07
1328 sh Pimco High Yield P 2010-11-22 2013-06-13
3550 sh Pimco Short Term P 2011-11-22 2013-06-13
1783 sh Pimco Total Return P 2012-04-24 2013-06-13
952 sh Pimco Total Return P 2012-06-28 2013-06-13
760 sh Pozen Inc P 2012-09-13 2013-09-12
Put Qualcomm   2013-04-20 2012-12-26
Put Qualcomm   2013-10-18 2013-04-22
PUt McDonalds   2012-12-22 2012-10-23
Put Facebook   2013-02-16 2012-12-26
Put Facebook   2013-05-18 2013-02-19
Put Baidu   2013-06-21 2013-02-19
Put Ntl Oilwell   2013-08-16 2013-02-19
Put Weight Watchers   2012-12-22 2012-10-23
197 Regions Fing P 2011-10-21 2012-12-03
326 sh SK Telecom P 2011-10-21 2013-04-15
Put Facebook   2013-09-20 2013-05-20
Put Baidu Com   2013-09-20 2013-06-24
4055 sh T Rowe Price Intl P 2004-06-02 2013-05-23
354 sh USA Mobility P 2012-01-03 2013-01-02
136 sh Usana Health Svc P 2012-03-12 2013-03-13
141 sh Veeco P 2012-07-10 2013-07-09
648 sh Waste Management P 2012-03-20 2013-06-13
478 sh Westar Energy P 2004-09-13 2013-06-13
561 sh Western Union P 2012-03-20 2013-09-09
Call Microsoft   2013-02-16 2012-11-19
23 sh CF industries holding P 2012-09-13 2013-09-12
(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 11,035   5,052 5,983
b 3,366   2,186 1,180
c 54,216   33,282 20,934
d 6,200   5,004 1,196
e 10,991   10,285 706
18,491   10,161 8,330
5,979   5,014 965
166     166
168     168
272     272
302     302
455     455
11,596   4,285 7,311
47,990   48,780 -790
4,863   4,991 -128
4,781   5,027 -246
11,795   10,132 1,663
14,936   12,752 2,184
6,294   5,020 1,274
6,023   5,000 1,023
12,851   10,000 2,851
10,771   5,013 5,758
5,749   4,998 751
6,095   5,019 1,076
4,208   5,043 -835
16,337   10,007 6,330
40,889   19,756 21,133
4,696   4,462 234
4,870   5,003 -133
19,424   19,170 254
5,981   4,807 1,174
3,433   5,001 -1,568
28,987   21,027 7,960
12,972   5,006 7,966
24,950   16,958 7,992
34,950   23,578 11,372
19,950   13,991 5,959
6,575   5,010 1,565
25,119   15,195 9,924
12,610   12,417 193
34,950   35,010 -60
19,525   20,000 -475
10,425   10,773 -348
4,407   4,971 -564
296     296
258     258
224     224
489     489
484     484
800     800
934     934
1,024     1,024
4,925   5,002 -77
5,765   5,013 752
314     314
1,235     1,235
38,632   40,000 -1,368
4,165   5,019 -854
6,227   5,074 1,153
4,849   5,006 -157
25,891   20,218 5,673
14,970   11,123 3,847
10,252   10,005 247
347     347
4,448   5,088 -640
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       5,983
b       1,180
c       20,934
d       1,196
e       706
      8,330
      965
      166
      168
      272
      302
      455
      7,311
      -790
      -128
      -246
      1,663
      2,184
      1,274
      1,023
      2,851
      5,758
      751
      1,076
      -835
      6,330
      21,133
      234
      -133
      254
      1,174
      -1,568
      7,960
      7,966
      7,992
      11,372
      5,959
      1,565
      9,924
      193
      -60
      -475
      -348
      -564
      296
      258
      224
      489
      484
      800
      934
      1,024
      -77
      752
      314
      1,235
      -1,368
      -854
      1,153
      -157
      5,673
      3,847
      247
      347
      -640
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 2 156,438
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 6,435
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 546,825 3,303,378 000.165535
2010 880,888 6,334,422 000.139064
2009 724,719 6,525,819 000.111054
2008 355,636 5,977,462 000.059496
2007 332,272 3,894,339 000.085322
2 Total of line 1, column (d) ...................... 2 000.560471
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. . . 		3 000.112094
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 3,388,043
5 Multiply line 4 by line 3....................... 5 379,779
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,048
7 Add lines 5 and 6......................... 7 381,827
8 Enter qualifying distributions from Part XII, line 4.............. 8 575,462
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 2,048
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 2,048
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 2,048
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a  
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  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 37
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,085
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 2013 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletID
    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.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 addressbulletwww.absfoundation.org
    14
    The books are in care ofbulletRachael Knapp Richards Telephone no.bullet (775) 832-9222
    Located atbullet10 Lewis DriveLanderWY ZIP+4bullet82520
    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
    Yes
     
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bulletNO
    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
     
    No
    .........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
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........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
    Arthur B Schultz Chairman
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Einar Schultz Board Member
    000.00     		750    
    PO Box 1570
    Lander,WY82520
    Erik Schultz Director
    020.00     		27,083 17,396  
    PO Box 1570
    Lander,WY82520
    Dave Straley Board Member
    000.00     		750    
    PO Box 1570
    Lander,WY82520
    Jon Schultz Board Member
    000.00     		750    
    PO Box 1570
    Lander,WY82520
    Einar Christensen Board Member
    000.00     		750    
    PO Box 1570
    Lander,WY82520
    Mike Testa Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Rachel Richards Board Member
    030.00     		40,472 1,263  
    PO Box 1570
    Lander,WY82520
    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 NA 0
    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 Loans to GreenWood 26,870
    2 Rough Rider Wheel Chair remainder 174
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet27,044
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,273,145
    b
    Average of monthly cash balances.......................
    1b
    166,493
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,439,638
    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
    3,439,638
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    51,595
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,388,043
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    169,402
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    169,402
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    2,048
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,048
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    167,354
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    167,354
    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
    167,354
    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 Click to see attachment..........
    1a
    548,418
    b
    Program-related investments—total from Part IX-B..................
    1b
    27,044
    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
    575,462
    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
    2,048
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    573,414
    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 7 167,354
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 512,597
    b From 2008....... 59,451
    c From 2009....... 406,524
    d From 2010....... 568,895
    e From 2011....... 376,362
    fTotal of lines 3a through e......... 1,923,829
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 575,462
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 167,354
    e Remaining amount distributed out of corpus 408,108
    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 2,331,937
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		512,597
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		1,819,340
    10 Analysis of line 9:
    a Excess from 2008.... 59,451
    b Excess from 2009.... 406,524
    c Excess from 2010.... 568,895
    d Excess from 2011.... 376,362
    e Excess from 2012.... 408,108
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    Erik B Schultz
    PO Box 5339
    Ketchum,ID83340
    (208) 340-3397
    bThe form in which applications should be submitted and information and materials they should include:
    Letter of Intent first guide lines at www.absfoundation.org
    cAny submission deadlines:
    see website
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    see website
    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
    Northern Kenya Fund
    3070 Sawmill Road
    Bozeman,MT59715     		  Public Charity Womens Empowerment 16,043
    Akilah Institute
    109 N Brush Street Suite 300
    Tampa,FL33602     		  Public Charity Womens Empowerment 10,000
    Transitions Global
    PO Box 30157
    Cincinnati,OH45230     		  Public Charity Womens Empowerment 2,000
    Stiftelsen Olafs Minnefond
    PO Box 374
    1301 Sandvka    
    NO     		  Foreign Equivalent Discretionary 1,000
    One World Children's Fund-Akili Dada
    1016 Lincoln Blvd
    San Francisco,CA94129     		  Public Charity Discretionary 15,000
    Creativity for Peace
    369 Montezuma Ave 566
    Santa Fe,NM87501     		  Public Charity Womens Empowerment 4,000
    Kito International
    Kawangware
    Nairobi    
    KE     		  Foreign Equivalent Womens Empowerment 2,000
    Thriive
    PO Box 5339
    Ketchum,ID83340     		a, d Private Foundation General Purpose 250,000
    Pilgrims of Ibilin
    1541 Comanche Glen
    Madison,WI53704     		  Public Charity Womens Empowerment 5,000
    Teton Valley Trails & Pathways
    PO Box 373
    Driggs,ID83422     		  Public Charity Discretionary 1,000
    Village Enterprise Fund
    751 Laurel Street PMB222
    San Carlos,CA94070     		  Public Charity Womens Empowerment 10,000
    Nurturing Minds
    PO Box 144
    Valley Forge,PA19481     		  Public Charity Womens Empowerment 19,600
    A Leg to Stand On
    267 Fifth Ave
    New York,NY10016     		  Public Charity Disabled Mobility 15,000
    Agora Partnership (Nicaragua)
    1889 F Street NW 2nd Floor
    Washington,DC20006     		  Public Charity Discretionary 1,500
    Eleanor's Project
    501 E Central Ave
    Missoula,MT59801     		  Public Charity Disabled Mobility 15,000
    Lander Community Foundation
    PO Box 1131
    Lander,WY82520     		  Public Charity Discretionary 1,000
    Norsk Carniofacial Forening
    postcraniofacialno
    Akershus    
    NO     		  Foreign Equivalent Discretionary 1,000
    Rwanda Girls Initative
    PO Box 325
    Medina,WA98039     		  Public Charity Womens Empowerment 15,000
    Speed Sisters paid to Women Make Movies
    462 Broadway 5th Floor
    New York,NY10013     		  Public Charity Womens Empowerment 5,000
    Uhambo USA
    1001 AE Harmony Road
    Fort Collins,CO80525     		  Public Charity Disabled Mobility 5,000
    Vietnam HELP
    500 E Calaveras Boulevard Suite 235
    Milpedas,CA95035     		  Public Charity Disabled Mobility 7,500
    Hovik Idrettsforening (Arena)
    Glassverkvein 116
    Hovik    
    NO     		  Foreign Equivalent Discretionary 16,665
    Total .................................bullet 3a 418,308
    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 95,830  
    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     18 156,438  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aRough Rider     05 174  
    bGreenwood Interest     14 190  
    cTable Rock Farm     16 4,157  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   256,789  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13256,789
    (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.)
    11 a Rough Rider collects money then purchases wheelchairs from Kien Tuong for distribution world wide to those in need
    11 b Interest from a loan to Greenwood to pay for education so local villagers in Peru can produce fine wood work
    11b sustainable forest products
    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: 12000057
    Software Version: 12.19.1011.1


    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.
    OMB No. 1545-0047
    2012
    Name of the organization
    The Arthur B Schultz Foundation
     
    Employer identification number

    95-3980014
    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 Part I, line 2 of its Form 990-PF, 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) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    The Arthur B Schultz Foundation
          		Employer identification number

    95-3980014
    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
     
     

    Arthur B Schultz    
    501 Lakeshore Blvd Lake Shore Terra
       
    Incline Village, NV   89452

    		$216,665


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    The Arthur B Schultz Foundation
          		Employer identification number

    95-3980014
    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) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    The Arthur B Schultz Foundation
          		Employer identification number

    95-3980014
    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) (2012)

    Additional Data


    Software ID: 12000057
    Software Version: 12.19.1011.1

    TY 2012 AccountingFeesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Dave B Straley 630     630

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

    TY 2012 DepreciationSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    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
    620 West Table Rock Rd, Alta, WY 2008-11-30 936,000 117,000 Straight Line 0000000040.000000000000 23,400 23,400    

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    100 Sh 3M 2008-10 P 2013-06   11,035 5,052     5,983  
    100 Sh Abbot 2011-03 P 2013-04   3,366 2,186     1,180  
    1287 sh Abbvie 2011-04 P 2013-06   54,216 33,282     20,934  
    415 sh Activsion 2012-03 P 2013-03   6,200 5,004     1,196  
    1000 sh Appied Materials 2012-11 P 2013-02   10,991 10,285     706  
    200 Sh Berkshire Hathaway 2007-12 P 2013-02   18,491 10,161     8,330  
    463 Sh Body Central 2012-07 P 2013-07   5,979 5,014     965  
    Call Abbott Labs 2012-12 P 2012-10   166       166  
    Call Berkshire Hathaway 2012-12 P 2012-10   168       168  
    Call Weight Watchers 2013-04 P 2013-02   272       272  
    Call Weight Watchers 2013-07 P 2013-04   302       302  
    Call Weight Watchers 2013-08 P 2013-07   455       455  
    250 Sh Carmax 2004-01 P 2013-06   11,596 4,285     7,311  
    23 sh Corning Inc 2012-05 P 2013-02   47,990 48,780     -790  
    576 sh Dice Holdings 2012-09 P 2013-09   4,863 4,991     -128  
    160 sh Dolby Lab 2012-01 P 2013-01   4,781 5,027     -246  
    173 Entergy 2011-08 P 2013-06   11,795 10,132     1,663  
    1527 sh Excelsior Emerging 2004-11 P 2013-06   14,936 12,752     2,184  
    541 sh Exelis 2012-01 P 2013-01   6,294 5,020     1,274  
    163 sh Forest Lab 2012-01 P 2013-01   6,023 5,000     1,023  
    856 sh Formula Investing 2012-01 P 2013-06   12,851 10,000     2,851  
    196 sh Gilead Sciences 2012-05 P 2013-05   10,771 5,013     5,758  
    128 sh Hollyfrontier 2012-11 P 2013-11   5,749 4,998     751  
    221 sh ITT 2012-03 P 2013-03   6,095 5,019     1,076  
    497 sh Intersections 2012-11 P 2013-11   4,208 5,043     -835  
    391 sh J2 Global Commun 2012-07 P 2013-07   16,337 10,007     6,330  
    1000 sh Lowes 2008-07 P 2013-06   40,889 19,756     21,133  
    162 sh Microsoft 2012-05 P 2013-05   4,696 4,462     234  
    168 sh Microsoft 2012-07 P 2013-05   4,870 5,003     -133  
    670 sh Microsoft 2012-11 P 2013-05   19,424 19,170     254  
    168 sh Microsoft 2012-11 P 2013-07   5,981 4,807     1,174  
    283 Momenta Pharma 2012-01 P 2013-01   3,433 5,001     -1,568  
    400 sh Novartis 2010-08 P 2013-06   28,987 21,027     7,960  
    109 sh Nu Skin 2012-11 P 2013-11   12,972 5,006     7,966  
    843 sh Osterweis Fund 2003-09 P 2013-01   24,950 16,958     7,992  
    1109 sh Osterweis Fund 2003-12 P 2013-03   34,950 23,578     11,372  
    626 sh Osterweis Fund 2004-06 P 2013-04   19,950 13,991     5,959  
    449 Petmed Express 2012-11 P 2013-11   6,575 5,010     1,565  
    857 sh Pfizer 2011-01 P 2013-08   25,119 15,195     9,924  
    1328 sh Pimco High Yield 2010-11 P 2013-06   12,610 12,417     193  
    3550 sh Pimco Short Term 2011-11 P 2013-06   34,950 35,010     -60  
    1783 sh Pimco Total Return 2012-04 P 2013-06   19,525 20,000     -475  
    952 sh Pimco Total Return 2012-06 P 2013-06   10,425 10,773     -348  
    760 sh Pozen Inc 2012-09 P 2013-09   4,407 4,971     -564  
    Put Qualcomm 2013-04   2012-12   296       296  
    Put Qualcomm 2013-10   2013-04   258       258  
    PUt McDonalds 2012-12   2012-10   224       224  
    Put Facebook 2013-02   2012-12   489       489  
    Put Facebook 2013-05   2013-02   484       484  
    Put Baidu 2013-06   2013-02   800       800  
    Put Ntl Oilwell 2013-08   2013-02   934       934  
    Put Weight Watchers 2012-12   2012-10   1,024       1,024  
    197 Regions Fing 2011-10 P 2012-12   4,925 5,002     -77  
    326 sh SK Telecom 2011-10 P 2013-04   5,765 5,013     752  
    Put Facebook 2013-09   2013-05   314       314  
    Put Baidu Com 2013-09   2013-06   1,235       1,235  
    4055 sh T Rowe Price Intl 2004-06 P 2013-05   38,632 40,000     -1,368  
    354 sh USA Mobility 2012-01 P 2013-01   4,165 5,019     -854  
    136 sh Usana Health Svc 2012-03 P 2013-03   6,227 5,074     1,153  
    141 sh Veeco 2012-07 P 2013-07   4,849 5,006     -157  
    648 sh Waste Management 2012-03 P 2013-06   25,891 20,218     5,673  
    478 sh Westar Energy 2004-09 P 2013-06   14,970 11,123     3,847  
    561 sh Western Union 2012-03 P 2013-09   10,252 10,005     247  
    Call Microsoft 2013-02   2012-11   347       347  
    23 sh CF industries holding 2012-09 P 2013-09   4,448 5,088     -640  

    TY 2012 GeneralExplanationAttachment
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    All Bonds 734,243  

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Domestic Value Equities 1,707,210 3,370,460

    TY 2012 LandEtcSchedule2
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Table Rock House 937,000 140,400 796,600 2,556,400


    TY 2012 LegalFeesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes


    TY 2012 OtherDecreasesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Amount
    Prior Period adj timing differences 600


    TY 2012 OtherExpensesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Meals and Entertainment 74 74    
    Bank Fees 220 45   175
    Computer and Internet 3,701     3,701
    Dues and Subscriptions 775     775
    Insurance 5,479 3,701    
    Board Meeting Expenses 5,917     5,917
    Office Expense 1,286     1,296
    Telephone 3,075     3,075
    Postage and Delivery 212      
    Management expense Rental 3,600 3,600    
    Maintenance and Repairs Rental 14,213 14,213    
    Utilities Rental 5,876 5,876    
    Direct Program Related expenses 1,707     1,707
    Professional Development 1,734      


    TY 2012 OtherIncomeSchedule2
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Interest Income from Greenwood Loan 190    
    Rough Rider 174 174  
    Table Rock Farm 4,157 4,157  


    TY 2012 OtherIncreasesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Amount
    Rounding 1


    TY 2012 OtherLiabilitiesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Beginning of Year - Book Value End of Year - Book Value
    Payroll liabilities 1,697 3,171
    Capital One Visa 2,265 2,994
    Unearned Grant Income 26,744 26,744


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes


    TY 2012 SubstantialContributorsSch
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Name Address
    Arthur B Schultz 501 Lakeshore Blvd Unit 50
    Incline Village,NV89452


    TY 2012 TaxesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Income tax 372 372    
    Property Tax Rental 4,640 4,640    
    Foreign Tax 695 695    
    Payroll Tax 6,629     6,629