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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
J EMPSON IRREV TW FBO CHARITIES 89264001
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

84-6018511
B Telephone number (see instructions)

(503) 464-3580
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$3,125,477J 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).............. 68
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 85,675 85,675  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 143,445
b Gross sales price for all assets on line 6a 2,365,216
7 Capital gain net income (from Part IV, line 2)... 143,445
8 Net short-term capital gain......... 0
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........ 229,188 229,120  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 50,403 45,363   5,040
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,843 2,801   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 836 836    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 75,582 49,000 0 6,540
25 Contributions, gifts, grants paid........ 157,074 157,074
26 Total expenses and disbursements. Add lines 24 and 25 232,656 49,000 0 163,614
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,468
b Net investment income (if negative, enter -0-) 180,120
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 1,094 2,019 2,019
2 Savings and temporary cash investments.......... 28,470 34,997 34,997
3 Accounts receivable bullet2,223
Less: allowance for doubtful accounts bullet   1,578 2,223 2,223
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 bullet0      
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)........ 1,990,089 Click to see attachment2,256,193 2,311,904
c Investments—corporate bonds (attach schedule)........ 1,098,834 Click to see attachment822,011 774,334
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
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) 3,120,065 3,117,443 3,125,477
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 3,120,065 3,117,443
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 instructions)...... 3,120,065 3,117,443
31 Total liabilities and net assets/fund balances (see instructions).. 3,120,065 3,117,443
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 3,120,065
2 Enter amount from Part I, line 27a..................... 2 -3,468
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 846
4 Add lines 1, 2, and 3.......................... 4 3,117,443
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 3,117,443
Form 990-PF (2014)
Form 990-PF (2014)
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 180. ANHEUSER BUSCH INBEV NV A D R   2013-01-16 2014-01-14
b 97. E ON AG A D R   2008-05-12 2014-01-14
c 104. ERSTE GROUP BANK AG A D R   2008-05-12 2014-01-14
d 380. NOKIAN TYRES OYJ UNSPON A D R   2013-05-14 2014-01-14
e 478. KONINKLIJKE ROYAL KPN NV SP ADR   2008-05-12 2014-01-14
890. SBERBANK SPONSORED A D R   2013-01-16 2014-01-14
200. STRYKER CORP   2013-01-16 2014-01-14
255. SWATCH GROUP AG A D R   2013-09-19 2014-01-14
260. SYSMEX CORP UNSPON A D R   2013-09-19 2014-01-14
4361.643 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2012-07-02 2014-01-23
6783.964 RIDGEWORTH INST US GOV SEC ULT SHRT   2013-08-27 2014-01-23
2388.227 E I I INTL PPTY I   2013-08-27 2014-02-27
2892.314 FORWARD INTERNATIONAL REAL ESTATE   2013-12-06 2014-02-27
5254.028 GOLDMAN SACHS COMM STRAT INS   2013-09-19 2014-02-27
2439.694 NUVEEN REAL ESTATE SECS I   2010-01-26 2014-02-27
11986.048 P I M C O FDS TOTAL RETURN FD   2013-12-06 2014-02-27
.7353 VERIZON COMMUNICATIONS   2014-02-24 2014-03-13
.1816 VODAFONE GROUP PLC A D R   2013-12-06 2014-03-13
305. AISIN SEIKO CO LTD UNSP A D R   2013-12-06 2014-03-27
805. ASAHI KASEI CORP A D R   2013-12-06 2014-03-27
4195. BOMBARDIER INC CL B   2013-12-06 2014-03-27
170. DBS GROUP HLDGS LTD   2013-01-16 2014-03-27
180. GENERAL DYNAMICS CORP   2013-01-16 2014-03-27
21. GOOGLE INC CL A   2012-06-18 2014-03-27
60. INTERNATIONAL BUSINESS MACHS CORP   2008-05-12 2014-03-27
45. MITSUI & CO LTD SPSD ADR   2013-12-06 2014-03-27
120. ROYAL DUTCH SHELL PLC A D R   2013-05-14 2014-03-27
145. ROYAL DUTCH SHELL PLC A D R   2013-01-16 2014-03-27
155. SAP SE SPONSORED A D R   2013-01-16 2014-03-27
5. SAP SE SPONSORED A D R   2013-09-19 2014-03-27
145. SCHLUMBERGER LTD   2013-01-16 2014-03-27
705. SONY FINANCIAL HOLD A D R   2013-12-06 2014-03-27
2200. TCW EMERGING MARKETS INCOME FUND   2013-08-09 2014-03-27
1990. TELE2 AB B A D R   2013-12-06 2014-03-27
770. TESCO PLC A D R   2013-12-06 2014-03-27
90. VERIZON COMMUNICATIONS   2014-02-24 2014-03-27
25. APPLE COMPUTER INC   2010-11-16 2014-04-24
305. AXA A D R   2013-12-06 2014-04-24
185. GEA GROUP AG SPON A D R   2013-12-06 2014-04-24
125.00089 HITACHI LTD ADR 10 COM   2013-12-06 2014-04-24
19.99911 HITACHI LTD ADR 10 COM   2013-12-06 2014-04-24
645. KOMATSU LTD A D R REPSTG 4 ORD SHS   2013-12-06 2014-04-24
671.583 LOOMIS SAYLES GLBL BOND INST   2013-12-06 2014-04-24
115. NOVARTIS AG A D R   2013-12-06 2014-04-24
375. REPSOL S.A.   2013-12-06 2014-04-24
1175. SPDR DOW JONES INTERNATIONAL ETF   2014-02-27 2014-04-24
319. VODAFONE GROUP PLC A D R   2014-03-27 2014-04-24
135. CHECK POINT SOFTWARE TECH LTD   2013-12-06 2014-04-24
5090.469 NEUBERGER BERMAN LONG SH INS   2014-02-27 2014-04-29
3799.367 TCW EMERGING MARKETS INCOME FUND   2013-08-09 2014-05-19
405. CAPGEMINI SA A D R   2013-12-06 2014-05-21
110. EXXON MOBIL CORP   2013-09-19 2014-05-21
8. GOOGLE INC CL A   2012-06-18 2014-05-21
8. GOOGLE INC CL C   2012-06-18 2014-05-21
205. HASBRO INC   2013-01-16 2014-05-21
360. INTEL CORP   2013-05-14 2014-05-21
55. INTEL CORP   2013-12-06 2014-05-21
638.09 LOOMIS SAYLES GLBL BOND INST   2013-12-06 2014-05-21
1526.873 NUVEEN STRATEGIC INCOME I   2014-02-27 2014-05-21
20. PARKER HANNIFIN CORP   2013-12-06 2014-05-21
90. PARKER HANNIFIN CORP   2013-01-16 2014-05-21
286.197 T ROWE PRICE MID CAP VALUE FD INC   2010-01-26 2014-05-21
105. SAP SE SPONSORED A D R   2013-09-19 2014-05-21
440. TAIWAN SEMICONDUCTOR A D R   2013-01-16 2014-05-21
90. TAIWAN SEMICONDUCTOR A D R   2013-08-27 2014-05-21
80. 3M CO   2013-01-16 2014-05-21
130. DAIMLER AG   2013-12-06 2014-05-21
155. HASBRO INC   2013-12-06 2014-06-24
15. HASBRO INC   2013-01-16 2014-06-24
125. HITACHI LTD ADR 10 COM   2014-01-02 2014-06-24
45. INTERNATIONAL BUSINESS MACHS CORP   2014-04-24 2014-06-24
41. INTERNATIONAL BUSINESS MACHS CORP   2008-05-12 2014-06-24
475. NIPPON TELEGRAPH TELE A D R   2013-12-06 2014-06-24
2649.084 OPPENHEIMER SENIOR FLOATING RATE I   2012-06-18 2014-06-24
200.636 T ROWE PRICE SC STOCK   2012-06-18 2014-06-24
40. ROYAL DUTCH SHELL PLC A D R   2013-01-16 2014-06-24
125. ROYAL DUTCH SHELL PLC A D R   2013-12-06 2014-06-24
5. ROYAL DUTCH SHELL PLC A D R   2014-05-21 2014-06-24
445. TECHNIP-COFLEXIP A D R   2013-12-06 2014-06-24
.7502 KONINKLIJKE PHILIPS NVR NY A D R   2013-12-06 2014-07-07
.4615 REPSOL S.A.   2014-07-16 2014-07-25
850. BANCO BILBAO VIZCAYA ARGEN A D R   2013-05-14 2014-08-04
10. BANCO BILBAO VIZCAYA ARGEN A D R   2013-10-29 2014-08-04
25. BANCO BILBAO VIZCAYA ARGEN A D R   2014-03-27 2014-08-04
950. ICAP PLC A D R   2013-12-06 2014-08-04
1025. ISHARES BARCLAYS 1 3 YEAR CREDIT ETF   2013-12-06 2014-08-04
582.484 NUVEEN REAL ESTATE SECS I   2010-01-26 2014-08-04
3282.933 OPPENHEIMER SENIOR FLOATING RATE I   2012-06-18 2014-08-04
2190. PORTUGAL TELECOM, SGPS S.A.   2014-05-21 2014-08-04
1056.213 T ROWE PRICE MID CAP GROWTH FD #64   2013-12-06 2014-08-04
364.436 T ROWE PRICE SC STOCK   2014-04-24 2014-08-04
526.584 T ROWE PRICE SC STOCK   2013-01-16 2014-08-04
1941.314 T ROWE PRICE MID CAP VALUE FD INC   2013-01-16 2014-08-04
392.575 T ROWE PRICE MID CAP VALUE FD INC   2013-12-06 2014-08-04
170. SEVEN & I HLDGS UNSPN A D R   2013-12-06 2014-08-04
3489.144 MORGAN DEMPSEY SMALL MICRO CAP VALUE   2014-05-21 2014-08-04
2737.374 ABERDEEN FDS EMRGN   2013-05-14 2014-09-08
3759.939 CAUSEWAY EMERGING MARKETS INSTL   2013-12-06 2014-09-08
2276.059 DRIEHAUS SELECT CREDIT FUND   2014-02-27 2014-09-08
390. KAO CORP A D R   2013-12-06 2014-09-08
4021.226 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2012-07-02 2014-09-08
130. NOVARTIS AG A D R   2014-05-21 2014-09-08
1232.277 OPPENHEIMER SENIOR FLOATING RATE I   2012-06-18 2014-09-08
2920.121 ROBECO BOSTON PARTNERS L S RSRCH   2013-09-24 2014-09-08
130. ROCHE HOLDINGS LTD SPONS A D R   2013-01-16 2014-09-08
260. ROCHE HOLDINGS LTD SPONS A D R   2013-09-19 2014-09-08
120. TORAY INDUSTRIES INC A D R   2013-12-06 2014-09-08
100. WPP PLC SPONSORED A D R   2013-01-16 2014-09-08
170. CHECK POINT SOFTWARE TECH LTD   2014-05-21 2014-09-08
328.299 ROBECO BOSTON PARTNERS L S RSRCH   2014-04-29 2014-09-19
2653.954 GOLDMAN SACHS COMM STRAT INS   2014-09-08 2014-10-06
4039.844 GOLDMAN SACHS COMM STRAT INS   2013-09-19 2014-10-06
5725.512 LOOMIS SAYLES GLBL BOND INST   2014-08-04 2014-10-06
133. APPLE COMPUTER INC   2010-11-16 2014-11-03
7. APPLE COMPUTER INC   2014-09-08 2014-11-03
300. B A E SYSTEMS P L C A D R   2014-03-27 2014-11-03
3831.03 GOLDMAN SACHS COMM STRAT INS   2013-09-19 2014-11-03
995. IPSEN SA SPONSORED A D R   2013-12-06 2014-11-03
680. ISHARES BARCLAYS 1 3 YEAR CREDIT ETF   2014-09-08 2014-11-03
7010.607 OPPENHEIMER SENIOR FLOATING RATE I   2014-01-23 2014-11-03
5127.832 OPPENHEIMER SENIOR FLOATING RATE I   2013-01-16 2014-11-03
2739.668 TCW EMERGING MARKETS INCOME FUND   2014-05-21 2014-11-03
215. TRANSOCEAN LTD   2014-06-24 2014-11-03
25. EXXON MOBIL CORP   2013-09-19 2014-12-03
175. EXXON MOBIL CORP   2014-09-08 2014-12-03
135. ISHARES BARCLAYS INTERMEDIATE ETF   2014-08-04 2014-12-03
155. JOHNSON & JOHNSON   2008-05-12 2014-12-03
230. LVMH MOET HENNESSY A D R   2013-12-06 2014-12-03
210. LVMH MOET HENNESSY A D R   2013-08-27 2014-12-03
95. 3M CO   2013-05-14 2014-12-03
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 18,466   16,092 2,374
b 1,777   6,518 -4,741
c 2,028   3,791 -1,763
d 8,884   8,307 577
e 1,721   8,680 -6,959
10,564   11,837 -1,273
15,537   11,942 3,595
7,867   8,374 -507
7,771   8,175 -404
44,009   42,875 1,134
68,654   68,518 136
45,257   45,424 -167
44,195   46,364 -2,169
30,158   29,843 315
52,136   40,684 11,452
130,288   129,525 763
34   35 -1
7   13 -6
10,449   12,319 -1,870
10,980   12,598 -1,618
15,122   18,919 -3,797
8,655   7,982 673
19,256   12,589 6,667
23,573   11,853 11,720
11,435   7,530 3,905
12,511   12,251 260
8,730   8,359 371
10,549   10,032 517
12,371   12,144 227
399   375 24
14,065   13,026 1,039
10,998   12,866 -1,868
18,722   18,615 107
11,980   11,642 338
11,257   12,705 -1,448
4,266   4,330 -64
14,189   7,564 6,625
7,945   7,775 170
8,417   8,416 1
8,907   9,150 -243
1,425   1,464 -39
13,770   13,119 651
11,101   11,074 27
9,718   9,062 656
9,840   9,353 487
49,751   48,482 1,269
11,585   17,759 -6,174
9,030   8,327 703
64,547   64,547  
32,903   32,147 756
14,126   12,957 1,169
11,175   9,825 1,350
4,370   2,251 2,119
4,283   2,244 2,039
10,957   7,739 3,218
9,396   8,626 770
1,435   1,378 57
10,637   10,522 115
17,590   17,345 245
2,443   2,423 20
10,994   8,021 2,973
8,972   5,865 3,107
7,896   7,869 27
9,011   7,858 1,153
1,843   1,453 390
11,236   7,804 3,432
11,894   10,570 1,324
8,291   8,062 229
802   566 236
8,987   9,108 -121
8,148   8,576 -428
7,424   5,146 2,278
14,630   12,091 2,539
22,226   21,484 742
9,205   6,753 2,452
3,288   2,767 521
10,275   8,470 1,805
411   396 15
11,988   11,223 765
24   26 -2
12   12  
10,270   8,194 2,076
121   119 2
302   295 7
10,906   13,158 -2,252
108,022   108,107 -85
13,490   7,877 5,613
27,478   26,625 853
4,656   8,118 -3,462
79,871   79,079 792
15,944   16,206 -262
23,038   18,118 4,920
62,394   47,371 15,023
12,617   12,017 600
14,375   12,551 1,824
46,301   48,689 -2,388
44,017   44,647 -630
49,669   44,518 5,151
22,897   23,216 -319
16,017   12,679 3,338
41,137   39,529 1,608
12,124   11,243 881
10,265   9,994 271
44,152   39,597 4,555
4,711   3,441 1,270
9,422   8,584 838
8,169   8,508 -339
10,402   7,630 2,772
12,299   10,825 1,474
4,993   4,787 206
13,747   14,517 -770
20,926   22,946 -2,020
92,696   94,423 -1,727
14,592   5,748 8,844
768   693 75
8,742   8,244 498
18,772   21,760 -2,988
12,099   11,715 384
71,544   71,720 -176
57,767   58,955 -1,188
42,253   42,102 151
23,479   23,698 -219
6,357   9,734 -3,377
2,372   2,233 139
16,604   16,903 -299
14,775   14,846 -71
16,788   10,311 6,477
8,073   8,260 -187
7,371   7,653 -282
15,355   10,253 5,102
      27,062
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       2,374
b       -4,741
c       -1,763
d       577
e       -6,959
      -1,273
      3,595
      -507
      -404
      1,134
      136
      -167
      -2,169
      315
      11,452
      763
      -1
      -6
      -1,870
      -1,618
      -3,797
      673
      6,667
      11,720
      3,905
      260
      371
      517
      227
      24
      1,039
      -1,868
      107
      338
      -1,448
      -64
      6,625
      170
      1
      -243
      -39
      651
      27
      656
      487
      1,269
      -6,174
      703
       
      756
      1,169
      1,350
      2,119
      2,039
      3,218
      770
      57
      115
      245
      20
      2,973
      3,107
      27
      1,153
      390
      3,432
      1,324
      229
      236
      -121
      -428
      2,278
      2,539
      742
      2,452
      521
      1,805
      15
      765
      -2
       
      2,076
      2
      7
      -2,252
      -85
      5,613
      853
      -3,462
      792
      -262
      4,920
      15,023
      600
      1,824
      -2,388
      -630
      5,151
      -319
      3,338
      1,608
      881
      271
      4,555
      1,270
      838
      -339
      2,772
      1,474
      206
      -770
      -2,020
      -1,727
      8,844
      75
      498
      -2,988
      384
      -176
      -1,188
      151
      -219
      -3,377
      139
      -299
      -71
      6,477
      -187
      -282
      5,102
       
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 2 143,445
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 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))
2013 146,150 3,042,811 0.048031
2012 136,255 2,980,879 0.04571
2011 146,382 3,007,106 0.048679
2010 132,396 2,793,015 0.047403
2009 123,091 2,500,557 0.049225
2 Total of line 1, column (d) ...................... 2 0.239048
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 0.04781
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,185,842
5 Multiply line 4 by line 3....................... 5 152,315
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,801
7 Add lines 5 and 6......................... 7 154,116
8 Enter qualifying distributions from Part XII, line 4.............. 8 163,614
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 (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,801
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 1,801
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 1,801
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 11,108
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,108
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,307
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,804 RefundedBullet 11 7,503
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 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)
    bulletCO
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (503) 464-3580
    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    US BANK TRUSTEE
    1     		50,403    
    PO BOX 3168
    PORTLAND,OR97208
    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 (2014)
    Form 990-PF (2014)
    Page 8
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,195,948
    b
    Average of monthly cash balances.......................
    1b
    38,409
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,234,357
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,234,357
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    48,515
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,185,842
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    159,292
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    159,292
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    1,801
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,801
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    157,491
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    157,491
    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
    157,491
    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
    163,614
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    163,614
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    1,801
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    161,813
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 157,491
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 5,115
    fTotal of lines 3a through e......... 5,115
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 163,614
    a Applied to 2013, 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 2014 distributable amount..... 157,491
    e Remaining amount distributed out of corpus 6,123
    5 Excess distributions carryover applied to 2014. 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 11,238
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		11,238
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 5,115
    e Excess from 2014.... 6,123
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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 email address 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 (2014)
    Form 990-PF (2014)
    Page 11
    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
    SHRINERS HOSPITALS FOR CHILDREN
    P O BOX 31356
    TAMPA,FL33631     		NONE PUBLIC GENERAL PURPOSE 62,829
    FLORENCE CRITTENTON HOME
    846 5TH AVE
    HELENA,MT59601     		NONE PUBLIC GENERAL PURPOSE 7,854
    CRAIG HOSPITAL FOUNDATION
    3425 S CLARKSON ST
    ENGLEWOOD,CO801132899     		NONE PUBLIC GENERAL PURPOSE 15,707
    CATHOLIC CHARITIES & COMM
    MARGERY REED
    4045 PECOS STREET
    DENVER,CO80211     		NONE PUBLIC GENERAL PURPOSE 7,854
    FLORENCE CRITTENTON SERVICES OF CO
    55 SOUTH ZUNI STREET
    DENVER,CO802231208     		NONE PUBLIC GENERAL SUPPORT 7,854
    VISITING NURSE CORP OF COLORADO INC
    390 GRANT STREET
    DENVER,CO80203     		NONE PUBLIC GENERAL SUPPORT 15,707
    LONGMONT PUBLIC LIBRARY
    409 4TH AVENUE
    LONGMONT,CO80501     		NONE PUBLIC GENERAL PURPOSE 7,854
    THE DENVER FOUNDATION
    55 MADISON ST
    DENVER,CO80246     		NONE PUBLIC GENERAL PURPOSE 7,854
    THE SALVATION ARMY
    PO BOX 2369
    DENVER,CO80201     		NONE PUBLIC GENERAL PURPOSE 23,561
    Total .................................bullet 3a 157,074
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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 85,675  
    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 .............     		    18 143,445  
    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)..   229,120  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13229,120
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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 (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    J EMPSON IRREV TW FBO CHARITIES 89264001
    EIN: 84-6018511
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    J EMPSON IRREV TW FBO CHARITIES 89264001
    EIN: 84-6018511
    Name of Bond End of Year Book Value End of Year Fair Market Value
    NUVEEN INFLATION PRO SEC 150,664 151,215
    NUVEEN HIGH INCOME BOND FD CL 243,008 228,770
    OPPENHEIMER SR FLOAT RATE Y    
    GOLDMAN SACHS COMM 82,595 57,147
    I SHARES BARCLAYS 1 3 YR CR    
    LOOMIS SAYLES GLBL BD    
    LOOMIS SAYLES STRATEGIC ALPHA 56,006 55,876
    PIMCO TOTAL RETURN FD    
    RIDGEWORTH INST US GOV SEC UIT    
    TCW EMERGING MARKETS INC FD 71,738 67,403
    NUVEEN STRATEGIC INCOME I 160,597 158,143
    T ROWE PRICE INTL BOND FUND 57,403 55,780

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    J EMPSON IRREV TW FBO CHARITIES 89264001
    EIN: 84-6018511
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 8,614 9,859
    APPLE INC 7,723 8,610
    CITIGROUP 16,602 21,103
    GENERAL DYNAMICS    
    GOOGLE INC    
    INTERNATIONAL BUSINESS MACHINE    
    JP MORGAN CHASE & CO 27,042 31,290
    JOHNSON & JOHNSON 12,864 15,476
    MICROSOFT CORP 20,400 30,936
    T ROWE PRICE SC STOCK    
    AXA ADR 11,848 11,102
    DBS GROUP HOLDINGS LTD    
    ERSTE GROUP BANK AG ADR    
    KONINKLIJKE KPN NV SP ADR 16,427 14,446
    MITSUI & CO LTD SPSD ADR    
    NUVEEN REAL ESTATE SEC 170,749 186,154
    NOVARTIS AG ADR 8,898 8,803
    SCHLUMBERGER LTD 6,228 7,260
    EXXON MOBIL    
    WAL MART STORES 12,459 22,329
    ORACLE 24,669 31,929
    E M C CORP 22,610 27,093
    SOCIETE GENERALE FRANCE 8,100 6,906
    VODAPHONE GROUP PLC ADR 17,891 11,413
    E ON AG ADR    
    HITACHI LTD 7,930 8,574
    E I I INTL PPTY    
    FORWARD INTERNATIONAL REAL EST    
    BAXTER INTERNATIONAL INC 22,039 23,086
    BED BATH & BEYOND INC 28,609 30,468
    CAPITAL ONE FINANCIAL CORP 19,521 24,765
    CHEVRON CORP 25,658 24,680
    CUMMINS INC 19,085 22,346
    EMERSON ELEC CO 25,550 24,383
    HASBRO INC    
    INTEL CORP 18,354 24,314
    MATTEL INC 30,221 24,292
    NORFOLK SOUTHN CORP 18,823 25,210
    PARKER HANNIFIN CORP 32,625 34,817
    QUALCOMM INC 23,375 26,759
    STRYKER CORP    
    UNUM GROUP 17,640 19,533
    WESTERN DIGITAL CORP 17,966 33,764
    ACCOR SA ADR 13,015 12,758
    ACE LTD 26,868 32,741
    AISIN SEIDO CO LTD UNSP ADR    
    AMERICA MOVIL ADR 12,859 12,643
    ANHEUSER BUSCH INBEV NV ADR    
    ASAHI KASEI CORP ADR    
    BANCO BILBAO VIZCAYA ARGEN ADR 7,859 6,244
    BARCLAYS PLC ADR 12,607 10,807
    BOMDARDIER INC CL B    
    CAPGEMINI SA ADR    
    CHECK POINT SOFTWARE TECH LTD 1,623 1,964
    DAIMIER AG 16,953 16,892
    DEUTSCHE BOERSE AG UNSPN ADR 13,552 12,461
    EUROPEAN AERO DEFENSE SPACE CO    
    GEA GROUP AG SPON ADR 3,639 3,514
    HEINEKEN NV SPN ADR 12,628 13,072
    ICAP PIC ADR    
    IPSEN SA SPONSORED ADR    
    JULIUS BAER GROUP LTD ADR 8,295 8,063
    KAO CORP ADR    
    KOMATSU LTD ADR    
    KONINKLIJKE DSM NV ADR 12,766 9,815
    KONINKLIJKE PHILIPS NVR NY ADR 13,385 11,078
    LVMH MOET HENNESSY LOU VUITT    
    MITSUBISHI ESTATE LTD ADR 12,915 10,018
    NIPPON TELEGRAPH TELE ADR 9,150 8,195
    NOKIAN TYRES OYJ UNSPON ADR    
    PORSCHE AUTOMOBIL HLDG 12,089 9,708
    REPSOL SA 3,443 2,564
    ROCHE HLDG LTD ADR 794 1,020
    ROYAL DUTCH SHELL PIC ADR 16,101 13,390
    SAP AG ADR    
    SBERBANK SPONSORED ADR    
    SECOM COMPANY LIMITED ADR 12,920 12,467
    SEVEN & I HLDGS UNSPN ADR 17,348 16,227
    SONY FINANCIAL HOLD ADR    
    SUMITOMO MITSUI FINL GROUP ADR 21,134 16,926
    SUNCOR ENERGY INC 11,854 11,123
    SWATCH GROUP AG ADR    
    SYSMEX CORP UNSPON ADR    
    TAIWAN SEMICONDUCTOR ADR 6,379 8,840
    TECHNIP-COFLEXIP ADR    
    TELE2 AB B ADR    
    TESCO PIC ADR    
    TORAY INDUSTRIES INC ADR 4,609 5,219
    WPP PLC SPONSORED ADR 8,773 9,369
    ABERDEEN FDS EMERGN MKT 144,333 132,104
    CAUSEWAY EMERGING MKTS 141,259 137,709
    ROBECO BOSTON PARTNERS L S 205,604 222,457
    T ROWE PRICE MID CAP GROWTH    
    T ROWE PRICE MID CAP VALUE    
    DRIEHAUS SELECT CREDIT FUND 65,983 59,773
    GLENMEDE SC EQUITY PORT ADV 95,443 96,096
    VANGUARD STRATEGIC EQUITY 182,676 183,367
    ISHARES BARCLAYS INTERMEDIATE 160,317 159,622
    BOEING CO 7,921 7,799
    CISCO SYSTEMS INC 24,756 27,954
    GRAINGER W W INC 17,508 17,842
    THE GAP INC 24,621 25,266
    TRW AUTOMOTIVE HOLDINGS CORP 11,510 13,371
    AEGON N V NY REG SHR 16,590 14,550
    AIRBUS GROUP NV A D R 13,080 9,378
    B G GROUP P L C A D R 16,535 10,220
    BAYER AG A D R 8,445 8,210
    DENSO CORPORATION A D R 10,279 9,907
    DEUTSCHE POST AG A D R 7,968 7,788
    ENSCO PLC CL A 16,305 10,033
    HOLCIM LTD UNSPON A D R 16,151 14,900
    HSBC HOLDINGS PLC SPONS A D R 8,026 7,557
    OTSUKA HOLDINGS LTD A D R 8,404 8,148
    SKY PLC SPN A D R 16,509 15,880
    SONY CORP A D R 16,291 18,218
    SUNTORY BEVERAGE FOOD UADR 7,986 7,930
    UNIBAIL RODAMCO SE UNSP A D R 9,523 9,200
    WILLIAM HILL PLC UNSPON A D R 8,092 7,807

    TY 2014 OtherExpensesSchedule
    Name:
    J EMPSON IRREV TW FBO CHARITIES 89264001
    EIN: 84-6018511
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 836 836   0


    TY 2014 OtherIncreasesSchedule
    Name:
    J EMPSON IRREV TW FBO CHARITIES 89264001
    EIN: 84-6018511
    Description Amount
       
       


    TY 2014 TaxesSchedule
    Name:
    J EMPSON IRREV TW FBO CHARITIES 89264001
    EIN: 84-6018511
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,002 2,002   0
    FEDERAL TAX PAYMENT - PRIOR YE 8,934 0   0
    FEDERAL ESTIMATES - PRINCIPAL 11,108 0   0
    FOREIGN TAXES ON QUALIFIED FOR 759 759   0
    FOREIGN TAXES ON NONQUALIFIED 40 40   0