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
MARY K AND DANIEL M KELLY FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)3900 INGERSOLL AVENUE STE 300   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DES MOINES, IA50312
A Employer identification number

20-1826362
B Telephone number (see instructions)

(515) 221-1133
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$4,636,584J 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) 135,886
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 92,968 92,968  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 427,528
b Gross sales price for all assets on line 6a 4,299,417
7 Capital gain net income (from Part IV, line 2)... 427,528
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 656,382 520,496  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,510 0   1,510
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 6,100 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,610 0   1,510
25 Contributions, gifts, grants paid........ 205,935 205,935
26 Total expenses and disbursements. Add lines 24 and 25 213,545 0   207,445
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 442,837
b Net investment income (if negative, enter -0-) 520,496
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............... 64,556 816,265 816,265
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)........ 2,733,890 Click to see attachment2,690,588 3,820,319
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 265,570    
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) 3,064,016 3,506,853 4,636,584
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 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 3,064,016 3,506,853
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,064,016 3,506,853
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,064,016 3,506,853
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 3,064,016
2 Enter amount from Part I, line 27a..................... 2 442,837
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 3,506,853
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,506,853
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 DUPONT EI DE NEMOURS - 447 P 2012-12-27 2013-01-03
b EMERSON ELECTRIC - 360 P 2012-03-08 2013-01-03
c FLUOR CORP - 327 P 2012-07-26 2013-01-03
d TEMPLETON GLOBAL - 6.493 P 2012-03-16 2013-01-03
e TEMPLETON GLOBAL - 47.824 P 2012-06-18 2013-01-03
TEMPLETON GLOBAL - 23.06 P 2012-09-17 2013-01-03
TEMPLETON GLOBAL - 28.535 P 2012-12-17 2013-01-03
JOHNSON & JOHNSON - 283 P 2010-12-30 2013-01-03
MEDTRONIC - 472 P 2010-12-30 2013-01-03
TEMPLETON GLOBAL - 1467.801 P 2010-01-04 2013-01-03
TEMPLETON GLOBAL - 159.075 P 2011-03-16 2013-01-03
TEMPLETON GLOBAL - 182.867 P 2011-06-16 2013-01-03
TEMPLETON GLOBAL - 200.782 P 2011-09-16 2013-01-03
TEMPLETON GLOBAL - 46.45 P 2011-12-16 2013-01-03
EMERSON ELECTRIC - 414 P 2012-03-08 2013-03-07
FLUOR CORP - 324 P 2012-07-26 2013-03-07
FLUOR CORP - 2919 P 2012-07-26 2013-03-27
FRANKLIN MICROCAP - 634.72 P 2012-12-27 2013-03-25
FRANKLIN MICROCAP - 3852.345 P 2013-01-03 2013-03-25
FRANKLIN MICROCAP - 192.094 P 2013-01-03 2013-03-25
FRANKLIN MICROCAP - 1300.639 P 2013-01-25 2013-03-25
ABBVIE - 300 P 2010-12-29 2013-03-07
AT&T - 300 P 2012-02-29 2013-03-07
ABBOTT LABS - 300 P 2010-12-29 2013-03-07
BANK OF AMERICA - 2671 P 2010-12-29 2013-03-07
CUMMINS INC - 320 P 2011-10-18 2013-03-07
GENERAL ELECTRIC - 1176 D 2010-12-29 2013-03-07
GLACIER BANCORP - 1617 P 2011-08-29 2013-03-07
HNI CORP - 1190 P 2011-06-20 2013-03-07
JOHNSON & JOHNSON - 246 D 2010-12-30 2013-03-07
MDU RESOURCES GROUP - 1100 D 2010-12-30 2013-03-07
MEDTRONIC - 492 D 2010-12-30 2013-03-07
PAYCHEX - 647 P 2011-01-03 2013-03-07
HNI CORP - 7894 P 2011-06-20 2013-05-20
HNI CORP - 2818 P 2011-10-18 2013-05-20
CUMMINS INC - 261 P 2012-07-10 2013-06-04
ENSCO - 5000 P 2013-05-14 2013-06-04
ZIONS BANCORP - 500000 P 2013-05-28 2013-06-04
ABBVIE - 540 P 2010-12-29 2013-06-04
AT&T - 540 P 2012-02-29 2013-06-04
ABBOTT LABS - 540 P 2010-12-29 2013-06-04
BANK OF AMERICA - 2329 P 2010-12-29 2013-06-04
BANK OF AMERICA - 2479 P 2011-01-03 2013-06-04
CUMMINS INC - 315 P 2011-10-18 2013-06-04
EMERSON ELECTRIC - 745 P 2012-03-08 2013-06-04
GENERAL ELECTRIC - 2117 P 2010-12-29 2013-06-04
GLACIER BANCORP - 2911 P 2011-08-29 2013-06-04
JOHNSON & JOHNSON - 445 P 2010-12-30 2013-06-04
MEDTRONIC - 887 P 2010-12-30 2013-06-04
PAYCHEX - 1165 P 2011-01-03 2013-06-04
VANGUARD EUROPEAN - 15000 P 2013-08-02 2013-08-15
POWERESHARES QQQ - 2460 P 2013-09-09 2013-10-16
POWERESHARES QQQ - 3624 P 2013-09-09 2013-12-05
QCR HOLDINGS P 2013-12-23 2013-12-26
SPDR S&P 500 - 2828 P 2013-09-09 2013-12-05
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 20,336   20,146 190
b 20,003   18,076 1,927
c 20,013   16,115 3,898
d 19   18 1
e 138   122 16
67   65 2
82   80 2
20,023   17,721 2,302
19,980   17,693 2,287
4,241   3,860 381
460   444 16
528   523 5
580   516 64
134   115 19
23,370   20,787 2,583
20,486   15,967 4,519
187,997   143,851 44,146
22,717   19,813 2,904
137,875   125,355 12,520
6,875   6,251 624
46,550   43,129 3,421
11,329   7,469 3,860
10,914   9,269 1,645
10,306   6,888 3,418
32,372   36,190 -3,818
37,327   30,571 6,756
27,876   21,908 5,968
28,844   19,139 9,705
39,296   28,338 10,958
19,148   15,404 3,744
27,183   22,398 4,785
22,452   18,443 4,009
22,102   20,447 1,655
288,704   187,983 100,721
103,062   60,828 42,234
30,663   22,349 8,314
301,606   309,029 -7,423
497,480   500,000 -2,520
23,511   13,444 10,067
19,178   16,684 2,494
19,761   12,398 7,363
31,149   31,556 -407
33,155   35,661 -2,506
37,007   30,094 6,913
42,475   37,407 5,068
49,717   39,439 10,278
55,754   34,456 21,298
37,262   27,865 9,397
45,781   33,250 12,531
43,121   36,818 6,303
786,373   788,235 -1,862
195,591   191,496 4,095
309,383   282,107 27,276
1     1
506,458   473,679 32,779
602     602
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       190
b       1,927
c       3,898
d       1
e       16
      2
      2
      2,302
      2,287
      381
      16
      5
      64
      19
      2,583
      4,519
      44,146
      2,904
      12,520
      624
      3,421
      3,860
      1,645
      3,418
      -3,818
      6,756
      5,968
      9,705
      10,958
      3,744
      4,785
      4,009
      1,655
      100,721
      42,234
      8,314
      -7,423
      -2,520
      10,067
      2,494
      7,363
      -407
      -2,506
      6,913
      5,068
      10,278
      21,298
      9,397
      12,531
      6,303
      -1,862
      4,095
      27,276
      1
      32,779
      602
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 2 427,528
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 131,720 3,054,958 0.043117
2011 132,580 2,688,350 0.049316
2010 154,416 2,424,304 0.063695
2009 160,779 2,044,177 0.078652
2008 153,114 2,182,652 0.070150
2 Total of line 1, column (d) ...................... 2 0.304930
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 0.060986
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 4,017,597
5 Multiply line 4 by line 3....................... 5 245,017
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,205
7 Add lines 5 and 6......................... 7 250,222
8 Enter qualifying distributions from Part XII, line 4.............. 8 207,445
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 10,410
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 0
3 Add lines 1 and 2............................ 3 10,410
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,410
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 4,000
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 4,000
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 6,410
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 ofbulletMARY KELLY Telephone no.bullet (515) 221-1133
    Located atbullet3900 INGERSOLL AVE SUITE 300DES MOINESIA ZIP+4bullet50312
    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
     
    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 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
     
     
    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
    MARY K KELLY PRESIDENT
    0.50     		0 0 0
    3900 INGERSOLL SUITE 300
    DES MOINES,IA50312
    DANIEL M KELLY DIRECTOR
    0.50     		0 0 0
    3900 INGERSOLL SUITE 300
    DES MOINES,IA50312
    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 0
    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.............bullet0
    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  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    200,880
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    10,410
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,410
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    190,470
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    190,470
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    190,470
    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 7 190,470
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 12,381
    b From 2009....... 60,406
    c From 2010....... 35,127
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 107,914
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 207,445
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 190,470
    e Remaining amount distributed out of corpus 16,975
    5 Excess distributions carryover applied to 2013. 0 0
    (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 5 124,889
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    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) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		12,381
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		112,508
    10 Analysis of line 9:
    a Excess from 2009.... 60,406
    b Excess from 2010.... 35,127
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013.... 16,975
    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).)
    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
    826LA
    685 VENICE BLVD
    VENICE,CA90291     		NONE PUBLIC CHARITY EDUCATION 1,000
    IOWA CATHOLIC RADIO
    PO BOX 838
    DES MOINES,IA50304     		NONE PUBLIC CHARITY RELIGIOUS 100
    ANEGLO SPIZZIRRI MEMORIAL SCHOLARSHIP
    285 CORYS LANE
    PORTSMOUTH,RI02871     		NONE PUBLIC CHARITY EDUCATION 3,500
    ASSUMPTION ABBEY
    PO BOX A
    RICHARDTON,ND58652     		NONE PUBLIC CHARITY RELIGIOUS 2,500
    COURAGE LEAGUE SPORTS
    4405 121ST STREET
    URBANDALE,IA50322     		NONE PUBLIC CHARITY CHARITABLE 705
    EMPOWER TANZANIA
    5414 CERVANTES
    AMES,IA50014     		NONE PUBLIC CHARITY CHARITABLE 500
    DRAKE UNIVERSITY
    2507 UNIVERSITY AVENUE
    DES MOINES,IA50311     		NONE PUBLIC CHARITY EDUCATIONAL 13,600
    DALLAS INC
    25747 N AVE
    ADEL,IA50003     		NONE PUBLIC CHARITY CIVIC 180
    DES MOINES ART CENTER
    4700 GRAND AVENUE
    DES MOINES,IA50312     		NONE PUBLIC CHARITY ARTS 32,750
    DES MOINES METRO OPERA
    106 WEST BOSTON AVENUE
    INDIANOLA,IA50125     		NONE PUBLIC CHARITY CIVIC 34,025
    DES MOINES PUBLIC LIBRARY
    1000 GRAND
    DES MOINES,IA50309     		NONE PUBLIC CHARITY EDUCATION 3,000
    DES MOINES SYMPHONY ACADEMY
    221 WALNUT ST SUITE 4
    DES MOINES,IA50309     		NONE PUBLIC CHARITY ARTS 500
    DIOCESE OF DES MOINES
    601 GRAND AVE
    DES MOINES,IA50309     		NONE PUBLIC CHARITY RELIGIOUS 25,000
    DOWLING CATHOLIC HIGH SCHOOL
    1400 BUFFALO RD
    WEST DES MOINES,IA50265     		NONE PUBLIC CHARITY EDUCATION 12,500
    DRAKE UNIVERSITY WOMENS CREW
    2507 UNIVERSITY AVE
    DES MOINES,IA50309     		NONE PUBLIC CHARITY EDUCATION 500
    FRIENDS OF MONTANA PBS
    PO BOX 10715
    BOZEMAN,MT59719     		NONE PUBLIC CHARITY CHARITABLE 500
    EVERLY BALL
    1301 CENTER ST
    DES MOINES,IA50309     		NONE PUBLIC CHARITY CHARITABLE 500
    HOLY CROSS ANNUAL FUND
    4123 WOODLAND DR
    NEW ORLEANS,LA70131     		NONE PUBLIC CHARITY EDUCATION 1,000
    HOLY FAMILY SCHOOL
    PO BOX 8437
    DES MOINES,IA50301     		NONE PUBLIC CHARITY EDUCATION 7,250
    I HAVE A DREAM FOUNDATION
    330 SEVENTH AVE 20TH FLOOR
    NEW YORK,NY10001     		NONE PUBLIC CHARITY CHARITABLE 500
    INNER VISIONS HEALTHCARE
    1355 50TH ST
    WEST DES MOINES,IA50266     		NONE PUBLIC CHARITY EDUCATIONAL 1,000
    IOWA PUBLIC RADIO
    2111 GRAND AVE SUITE 100
    DES MOINES,IA50312     		NONE PUBLIC CHARITY CHARITABLE 1,000
    IOWA PUBLIC TV
    1021 COMMUNICATIONS BUILDING
    AMES,IA50011     		NONE PUBLIC CHARITY CHARITABLE 7,500
    IRIS
    600 5TH ST SUITE 301
    AMES,IA50010     		NONE PUBLIC CHARITY CIVIC 500
    BLANK CHILDREN'S HOSPITAL - FESTIVAL OF TREES
    1200 PLEASANT ST
    DES MOINES,IA50309     		NONE PUBLIC CHARITY HEATLH & WELFARE 1,600
    MENTOR IOWA
    3900 INGERSOLL AVE SUITE 102
    DES MOINES,IA50312     		NONE PUBLIC CHARITY CIVIC 100
    MID AMERICA BOSTON TERRIER RESCUE
    14826 SPAULDING STREET
    OMAHA,NE68116     		NONE PUBLIC CHARITY CHARITABLE 250
    IOWA STATE FAIR BLUE RIBBON FOUNDATION
    3000 GRAND AVENUE
    DES MOINES,IA50317     		NONE PUBLIC CHARITY CIVIC 1,225
    MONTANA HISTORICAL SOCIETY
    225 NORTH ROBERTS
    HELENA,MT59620     		NONE PUBLIC CHARITY EDUCATIONAL 800
    METROPOLITAN OPERA - NATIONAL AUDTIONS
    LINCOLN CENTER
    NEW YORK,NY10023     		NONE PUBLIC CHARITY CIVIC 100
    PORSTMOUTH ABBEY
    ONE COLLEGE ST
    WORCESTER,MA01610     		NONE PUBLIC CHARITY CHARITABLE 2,500
    ROCK IN PREVENTION
    7628 HICKMAN ROAD
    WINDSOR HEIGHTS,IA50324     		NONE PUBLIC CHARITY CIVIC 250
    ROOSEVELT FDN
    4419 CENTER ST
    DES MOINES,IA50312     		NONE PUBLIC CHARITY EDUCATION 1,500
    SAINT AUGISTIN
    545 42ND STREET
    DES MOINES,IA50312     		NONE PUBLIC CHARITY RELIGIOUS 7,800
    SALISBURY HOUSE
    4025 TONAWANDA DR
    DES MOINES,IA50312     		NONE PUBLIC CHARITY CIVIC 1,000
    NEW YORK GILBERT & SULLIVAN PLAYERS
    382 W 91ST ST
    NEW YORK,NY10024     		NONE PUBLIC CHARITY CIVIC 100
    ST CLARE'S MONASTERY
    720 HENRY CLAY AVE
    NEW ORLEANS,LA70118     		NONE PUBLIC CHARITY RELIGIOUS 500
    ST AGNES CHURCH
    535 THOMAS AVENUE
    ST PAUL,MN55103     		NONE PUBLIC CHARITY RELIGIOUS 10,000
    ST THOMAS
    2115 SUMMIT AVENUE
    ST PAUL,MN55105     		NONE PUBLIC CHARITY CHARITABLE 1,000
    STATE HISTORICAL SOCIETY OF IOWA
    600 EAST LOCUST ST
    DES MOINES,IA50319     		NONE PUBLIC CHARITY CHARITABLE 1,000
    STRATFORD HALL
    483 GREAT HOUSE ROAD
    STRATFORD,VA22558     		NONE PUBLIC CHARITY CHARITABLE 250
    THE COLLEGE OF ST CATHERINE
    2004 RANDOLPH AVENUE
    ST PAUL,MN551051789     		NONE PUBLIC CHARITY EDUCATION 2,500
    UNITED WAY OF CENTRAL IOWA
    1111 NINTH STREET SUITE 100
    DES MOINES,IA50314     		NONE PUBLIC CHARITY CHARITABLE 15,000
    STEP
    644 GRAND AVE 1
    BILLINGS,MT59101     		NONE PUBLIC CHARITY CHARITABLE 500
    JOHN STODDARD CANCER CENTER
    1221 PLEASANT ST
    DES MOINES,IA50309     		NONE PUBLIC CHARITY HEALTH & WELFARE 1,000
    VARIETY CLUB OF IOWA
    505 5TH AVE
    DES MOINES,IA50309     		NONE PUBLIC CHARITY CHARITABLE 300
    WATERWORKS ART MUSEUM
    85 WATERPLANT ROAD
    MILES CITY,MT59301     		NONE PUBLIC CHARITY CHARITABLE 5,000
    WOODLAWN CEMETARY
    2019 WOODLAND AVE
    DES MOINES,IA50312     		NONE PUBLIC CHARITY CHARITABLE 500
    MERCY HOSPICE - DES MOINES
    1055 6TH AVENUE
    DES MOINES,IA50314     		NONE PUBLIC CHARITY CHARITABLE 50
    WISCONSIN PROVICE SOCIETY OF JESUS
    3400 W WISCONSIN AVE
    MILWAUKEE,WI53208     		NONE PUBLIC CHARITY RELGIOUS 1,000
    Total .................................bullet 3a 205,935
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ............     		         
    4 Dividends and interest from securities....     14 92,968  
    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 .............     		    18 427,528  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 520,496 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13520,496
    (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
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
     
    Employer identification number

    20-1826362
    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
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
          		Employer identification number

    20-1826362
    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
     
     

    BRIGID KELLY  
    2658 GIFFITH PARK BLVD
     
    LOS ANGELES, CA90039

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    DANIEL ANNA KELLY  
    4100 RIVER OAKS DRIVE
     
    DES MOINES, IA50312

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    DANIEL M KELLY 2004 TRUST  
    3900 INGERSOLL AVE SUITE 300
     
    DES MOINES, IA50312

    		$32,822


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

    MARY DANIEL KELLY  
    3900 INGERSOLL AVE SUITE 300
     
    DES MOINES, IA50312

    		$8,870


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    MARY DANIEL KELLY  
    3900 INGERSOLL AVE SUITE 300
     
    DES MOINES, IA50312

    		$11,466


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    MARY DANIEL KELLY  
    3900 INGERSOLL AVE SUITE 300
     
    DES MOINES, IA50312

    		$9,973


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Name of organization
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
          		Employer identification number

    20-1826362
    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
    7
     
     

    MARY DANIEL KELLY  
    3900 INGERSOLL AVE SUITE 300
     
    DES MOINES, IA50312

    		$8,007


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
     
     

    PATRICK KELLY  
    3809 MUSKOGEE AVENUE
     
    DES MOINES, IA50312

    		$10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
     
     

    MARY DANIEL KELLY  
    3900 INGERSOLL AVE SUITE 300
     
    DES MOINES, IA50312

    		$4,748


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
     
     

    DM KELLY COMPANY  
    3900 INGERSOLL AVE SUITE 300
     
    DES MOINES, IA50312

    		$30,000


    (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
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
          		Employer identification number

    20-1826362
    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
    4
    		 963 SHARES BANK OF AMERICA CORP $14,686 2013-12-11
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    5
    		 244 SHARES DU PONT E.I. DE NEMOURS AND COMPANY $14,711 2013-12-11
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    6
    		 258 SHARES FRANKLIN MICROCAP VALUE FUND $10,018 2013-07-16
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    7
    		 905 SHARES FORD MOTOR CORPORATION $14,851 2013-12-11
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    9
    		 116 SHARES SEQUOIA FUND $24,658 2013-12-13
    (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
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
          		Employer identification number

    20-1826362
    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:
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
    EIN: 20-1826362
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION 1,510 0   1,510

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
    EIN: 20-1826362
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCKS & PREFERREDS 2,690,588 3,820,319

    TY 2013 SubstantialContributorsSch
    Name:
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
    EIN: 20-1826362
    Name Address
    MARY DANIEL KELLY 3900 INGERSOLL AVE SUITE 300
    DES MOINES,IA50312
    PATRICK KELLY 3809 MUSKOGEE AVENUE
    DES MOINES,IA50312
    BRIGID KELLY 2658 GRIFFITH PARK BLVD
    LOS ANGELES,CA90039
    DANIEL ANNA KELLY 4100 RIVER OAKS DRIVE
    DES MOINES,IA50312
    DM KELLY & COMPANY
          		3900 INGERSOLL AVE SUITE 300
    DES MOINES,IA50312
    DMK 2004 TRUST
          		3900 INGERSOLL AVE SUITE 300
    DES MOINES,IA50312


    TY 2013 TaxesSchedule
    Name:
    MARY K AND DANIEL M KELLY FAMILY FOUNDATION
    EIN: 20-1826362
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENTS 6,100 0   0