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
JUDITH CLARK-MORRILL FOUNDATION IN
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 180   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GARRETT, IN46738
A Employer identification number

30-0046592
B Telephone number (see instructions)

(260) 357-4141
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$476,362J 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)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 6,542 6,542  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 64,461
b Gross sales price for all assets on line 6a 427,531
7 Capital gain net income (from Part IV, line 2)... 64,461
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........ 71,003 71,003  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 340      
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 1,837     1,837
c Other professional fees (attach schedule).... Click to see attachment 1,299 1,299    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 415      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 185      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,076 1,299   1,837
25 Contributions, gifts, grants paid........ 50,057 50,057
26 Total expenses and disbursements. Add lines 24 and 25 54,133 1,299   51,894
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 16,870
b Net investment income (if negative, enter -0-) 69,704
c Adjusted net income (if negative, enter -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............... 35,028 10,209 10,209
2 Savings and temporary cash investments.......... 136,414 1,929 1,929
3 Accounts receivable bullet400,000
Less: allowance for doubtful accounts bullet     400,000 400,000
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) 25,808    
b Investments—corporate stock (attach schedule)........ 117,887    
c Investments—corporate bonds (attach schedule)........ 55,000 Click to see attachment20,466 26,603
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 75,472 Click to see attachment29,875 37,621
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) 445,609 462,479 476,362
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................... 445,609 462,479
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 445,609 462,479
31 Total liabilities and net assets/fund balances (see instructions).. 445,609 462,479
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)............... 1 445,609
2 Enter amount from Part I, line 27a..................... 2 16,870
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 462,479
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 462,479
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 GOLDMAN SACHS BK USA CD P 2012-02-08 2014-04-15
b HARBOR FD P 2009-12-11 2014-04-17
c ROYCE FD P 2009-12-11 2014-04-17
d AMERICAN EUROPACIFIC P 2012-12-14 2014-07-11
e AMERICAN EUROPACIFIC GROWTH P 2012-12-14 2014-08-19
IRON MTN INC P 2013-08-19 2014-02-03
GOOGLE INC CL A VOTING P 2013-04-17 2014-04-14
SCHWAB CHARLES CORP NEW P 2014-02-04 2014-04-14
BANK NEW YORK MELLON P 2011-04-06 2014-04-14
COSTCO WHSL CORP NEW COM P 2011-03-22 2014-04-14
HARLEY DAVIDSON INC P 2011-03-22 2014-04-14
TEXAS INSTRUMENTS INC P 2010-12-08 2014-04-14
GOLDMAN SACHS BK USA CD P 2011-12-14 2014-04-16
HARBOR FD P 2009-12-11 2014-04-21
ROYCE FD P 2009-12-11 2014-04-21
ROYCE FD P 2009-12-14 2014-07-07
PIONEER SER TR I P 2012-08-31 2014-08-19
ALLEGHANY CORP NEW P 2011-03-22 2014-02-28
HARLEY DAVIDSON INC P 2013-11-22 2014-04-14
SYSCO CORPORATION P 2014-02-07 2014-04-14
BANK NEW YORK MELLON P 2011-07-28 2014-04-14
DIAGEO PLC P 2011-03-22 2014-04-14
LOEWS CORPORATION P 2011-03-22 2014-04-14
TEXAS INSTRUMENTS INC P 2010-12-13 2014-04-14
GOLDMAN SACHS BK USA CD P 2011-12-21 2014-04-16
HARBOR FD P 2009-12-14 2014-04-21
ROYCE FD P 2009-12-14 2014-04-21
SATUIT CAP MGMT TR P 2009-12-14 2014-07-07
ROYCE FD P 2009-12-14 2014-08-19
CVS CAREMARK CORP P 2011-03-22 2014-02-04
LABORATORY CORP OF AMER HLDGS P 2013-05-13 2014-04-14
TEXAS INSTRUMENTS INC P 2013-11-22 2014-04-14
BANK NEW YORK MELLON P 2011-08-30 2014-04-14
DISNEY WALT COMPANY CUSIP XXX-XX-XXXX P 2012-06-07 2014-04-10
MICROSOFT CORP P 2011-03-22 2014-04-14
TEXAS INSTRUMENTS INC P 2011-03-22 2014-04-14
GE CAPITAL MEDIUM TERM NOTES P 2010-11-18 2014-04-21
HARRIS ASSOC INVT TR P 2009-12-09 2014-04-17
SATUIT CAP MGMT TR P 2009-12-09 2014-04-17
T ROWE PRICE MID-CAP P 2009-12-14 2014-07-07
PREMIER FD CL W CUSIP XXX-XX-XXXX P 2010-12-13 2014-08-19
COCA-COLA COMPANY P 2011-03-22 2014-02-11
LABORATORY CORP OF AMER HLDGS P 2013-08-09 2014-04-14
UNITEDHEALTH GROUP INC P 2013-04-17 2014-04-14
BANK NEW YORK MELLON P 2012-06-07 2014-04-14
DISNEY WALT COMPANY CUSIP XXX-XX-XXXX P 2012-06-07 2014-04-14
MICROSOFT CORP P 2013-01-09 2014-04-14
TEXAS INSTRUMENTS INC P 2013-01-09 2014-04-14
US TREASRUERY INFLATION INDEX BONDS P 2008-07-15 2014-04-21
HARRIS ASSOC INVT TR P 2009-12-11 2014-04-17
SATUIT CAP MGMT TR P 2009-12-11 2014-04-17
T ROWE PRICE MID-CAP P 2009-12-17 2014-07-07
PREMIER FD CL W CUSIP XXX-XX-XXXX P 2011-12-12 2014-08-19
COCA-COLA COMPANY P 2013-01-09 2014-02-11
LABORATORY CORP OF AMER HLDGS P 2013-12-19 2014-04-14
UNITEDHEALTH GROUP INC P 2013-08-19 2014-04-14
BANK NEW YORK MELLON P 2013-01-09 2014-04-14
DISNEY WALT COMPANY CUSIP XXX-XX-XXXX P 2013-01-09 2014-04-14
MONSANTO CO NEW P 2011-03-22 2014-04-14
UNITEDHEALTH GROUP P 2013-02-06 2014-04-14
SATUIT CAP MGMT TR P 2009-12-09 2014-01-10
HARRIS ASSOC INVT TR P 2009-12-11 2014-04-21
SATUIT CAP MGMT TR P 2009-12-11 2014-04-21
T ROWE PRICE MID-CAP P 2010-12-16 2014-07-07
T ROWE PRICE MID-CAP P 2010-12-16 2014-08-19
IRON MTN INC P 2011-03-22 2014-02-03
LAS VEGAS SANDS CORP P 2014-01-24 2014-04-14
UNITEDHEALTH GROUP INC P 2013-10-22 2014-04-14
BED BATH & BEYOND INC P 2011-03-22 2014-04-14
EOG RESOURCES INC P 2011-03-22 2014-04-14
MONSANTO CO NEW P 2013-01-09 2014-04-14
WELLS FARGO COMPANY P 2008-12-01 2014-04-14
ADVISORS INNER CIRCLE P 2009-12-09 2014-04-17
HARRIS ASSOC INVT TR P 2009-12-14 2014-04-21
SATUIT CAP MGMT TR P 2009-12-14 2014-04-21
ADVISORS INNER CIRCLE P 2009-12-14 2014-08-19
T ROWE PRICE MID-CAP P 2011-12-15 2014-08-19
IRON MTN INC P 2012-11-21 2014-02-03
LAS VEGAS SANDS CORP P 2014-04-07 2014-04-14
VALEANT PHARMACEUTICALS P 2014-03-19 2014-04-14
BED BATH & BEYOND INC P 2012-09-25 2014-04-14
EOG RESOURCES INC P 2012-06-07 2014-04-14
OCCIDENTAL PETE CORP P 2011-03-22 2014-04-14
WELLS FARGO COMPANY P 2009-01-15 2014-04-14
ADVISORS INNER CIRCLE P 2009-12-09 2014-04-21
HARTFORD MUT FDS INC P 2012-01-24 2014-04-17
T ROWE PRICE MID-CAP P 2009-12-11 2014-04-17
DELAWARE GROUP EQUITY P 2012-07-27 2014-08-19
PIONEER SER TR I P 2012-08-13 2014-10-10
ACE LIMITED P 2013-05-13 2014-04-14
LIBERTY GLOBAL PLC P 2014-01-17 2014-04-14
VISA INC CLASS A P 2013-04-24 2014-04-14
BED BATH & BEYOND INC P 2013-01-08 2014-04-14
EXPRESS SCRIPTS HLDG CO P 2011-03-22 2014-04-14
ORACLE CORPORATION P 2012-06-28 2014-04-14
WELLS FARGO COMPANY P 2011-03-22 2014-04-14
ADVISORS INNER CIRCLE P 2009-12-11 2014-04-21
HARTFORD MUT FDS INC P 2012-01-24 2014-04-21
T ROWE PRICE MID-CAP P 2009-12-11 2014-04-21
HARBOR FD P 2009-12-14 2014-08-19
AMERICAN EXPRESS COMPANY P 2011-03-22 2014-01-24
ACTIVSION BLIZZARD INC P 2013-09-24 2014-04-14
LIBERTY INTERACTIVE CORP P 2014-01-23 2014-04-14
AGILENT TECH INC P 2011-03-22 2014-04-14
BERKSHIRE HATHAWAY INC P 2011-03-22 2014-04-14
EXPRESS SCRIPTS HLDG CO P 2013-01-11 2014-04-14
ORACLE CORPORATION P 2013-01-09 2014-04-14
WELLS FARGO COMPANY P 2011-09-06 2014-04-14
ADVISORS INNER CIRCLE P 2009-12-14 2014-04-21
JANUS INVT FD P 2009-12-09 2014-04-17
T ROWE PRICE MID-CAP P 2009-12-14 2014-04-21
HARRIS ASSOC INVT TR P 2009-12-14 2014-08-19
AMERIPRISE FINANCIAL INC P 2011-03-22 2014-01-27
ALLEGHANY CORP NEW P 2013-04-17 2014-04-14
MICROSOFT CORP P 2013-11-22 2014-04-14
AIR PRODUCTS & CHEMICALS P 2012-04-10 2014-04-14
BERKSHIRE HATHAWAY INC P 2012-06-07 2014-04-14
GOOGLE CL C NON-VOTING P 2011-05-16 2014-04-14
ORACLE CORPORATION P 2013-04-05 2014-04-14
DELAWARE GROUP EQUITY P 2012-07-27 2014-04-17
JANUS INVT FD P 2009-12-11 2014-04-17
ADVISORS INNER CIRCLE P 2009-12-14 2014-07-07
HARTFORD MUT FDS INC P 2012-01-24 2014-08-19
AMERIPRISE FINANCIAL INC P 2011-03-22 2014-01-30
AMAZON COM INC P 2014-02-12 2014-04-14
MONSANTO CO NEW P 2013-04-15 2014-04-14
AIR PRODUCTS & CHEMICALS P 2012-04-24 2014-04-14
BERKSHIRE HATHAWAY INC P 2013-03-01 2014-04-14
GOOGLE CL C NON-VOTING P 2012-06-07 2014-04-14
PHILIP MORRIS P 2011-03-07 2014-04-14
DELAWARE GROUP EQUITY P 2012-07-27 2014-04-21
JANUS INVT FD P 2009-12-11 2014-04-21
DELAWARE GROUP EQUITY P 2012-07-27 2014-07-07
JANUS INVT FD P 2009-12-14 2014-08-19
BERKSHIRE HATHAWAY INC P 2011-03-22 2014-01-09
BROOKFIELD ASSET MANGMNT P 2013-05-13 2014-04-14
JPMORGAN CHASE & CO P 2013-04-19 2014-04-14
AIR PRODUCTS & CHEMICALS P 2013-01-09 2014-04-14
CVS CAREMARK CORP P 2011-03-22 2014-04-14
GOOGLE CL C NON-VOTING P 2013-01-09 2014-04-14
PHILIP MORRIS P 2011-03-22 2014-04-14
EUROPACIFIC GROWTH FD P 2012-12-14 2014-04-17
JANUS INVT FD P 2009-12-14 2014-04-21
HARBOR FD P 2009-12-14 2014-07-07
PERKINS MID CAP VALUE FD CL I P 2009-12-22 2014-08-19
GOOGLE INC P 2011-03-22 2014-01-13
CARMAX INC P 2013-05-13 2014-04-14
ORACLE CORPORATION P 2013-11-22 2014-04-14
ALLEGHANY CORP NEW P 2013-01-09 2014-04-14
CANADIAN NATURAL P 2011-03-22 2014-04-14
GOOGLE INC CL A VOTING P 2011-05-16 2014-04-14
PROGRESSIVE CORP OHIO P 2011-03-23 2014-04-14
EUROPACIFIC GROWTH FD P 2012-12-14 2014-04-21
PIONEER SER TR I P 2012-08-31 2014-04-11
HARTFORD MUT FDS INC P 2012-01-24 2014-07-07
PERKINS MID CAP VALUE FD CL I P 2010-12-22 2014-08-19
HEWLETT-PACKARD P 2011-03-22 2014-01-08
ECOLAB INC P 2013-05-13 2014-04-14
PACCAR INC P 2013-05-01 2014-04-14
AMERICAN EXPRESS COMPANY P 2011-03-22 2014-04-14
CANADIAN NATURAL P 2011-09-21 2014-04-14
GOOGLE INC CL A VOTING P 2012-06-07 2014-04-14
PROGRESSIVE CORP OHIO P 2012-07-16 2014-04-14
HARBOR FD P 2009-12-09 2014-04-17
PIONEER SER TR I P 2012-08-31 2014-04-21
JANUS INVT FD P 2009-12-14 2014-07-07
PERKINS MID CAP VALUE FD CL I P 2011-12-23 2014-08-19
OCCIDENTAL PETE CORP P 2011-03-22 2014-01-14
GOOGLE CL C NON-VOTING P 2013-04-17 2014-04-14
PRICELINE GROUP INC P 2014-01-29 2014-04-14
BANK NEW YORK MELLON P 2011-03-22 2014-04-14
CANADIAN NATURAL P 2013-01-09 2014-04-14
GOOGLE INC CL A VOTING P 2013-01-09 2014-04-14
PROGRESSIVE CORP OHIO P 2013-01-09 2014-04-14
(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 31,972   31,972  
b 355   206 149
c 974   694 280
d 104   86 18
e 395   328 67
78   80 -2
541   393 148
2,141   2,069 72
493   453 40
8,057   5,164 2,893
1,425   880 545
225   168 57
29,936   29,936  
5,625   3,245 2,380
744   529 215
108   73 35
123   93 30
1,157   761 396
194   201 -7
1,488   1,487 1
3,448   2,660 788
3,832   2,244 1,588
3,599   3,574 25
1,617   1,178 439
39,894   39,894  
531   309 222
1,688   1,215 473
499   338 161
167   116 51
5,422   2,750 2,672
2,102   1,983 119
135   127 8
1,806   1,144 662
314   184 130
1,439   935 504
2,202   1,653 549
31,593   31,593  
524   329 195
198   131 67
1   1  
179   153 26
1,660   1,369 291
1,401   1,370 31
1,179   938 241
591   367 224
1,076   644 432
350   240 110
225   159 66
29,440   29,440  
177   112 65
94   62 32
17   10 7
142   113 29
232   221 11
1,201   1,076 125
1,808   1,653 155
164   133 31
1,153   770 383
659   413 246
2,044   1,491 553
265   167 98
1,856   1,178 678
1,010   663 347
347   260 87
826   619 207
1,399   1,575 -176
1,475   1,536 -61
314   276 38
2,307   1,674 633
5,937   3,421 2,516
879   797 82
570   306 264
2,556   1,594 962
329   210 119
89   59 30
1,198   723 475
77   50 27
181   230 -49
2,212   2,287 -75
1,394   1,686 -292
513   498 15
1,385   667 718
1,220   1,305 -85
570   248 322
283   176 107
2,281   1,541 740
1,970   1,239 731
1,229   826 403
91   74 17
1,778   1,643 135
3,014   3,333 -319
1,986   1,667 319
2,563   2,257 306
3,371   2,495 876
628   447 181
7,217   4,804 2,413
5,286   3,329 1,957
6,174   4,147 2,027
438   275 163
1,242   664 578
352   179 173
1,646   1,458 188
1,694   1,685 9
889   729 160
5,086   3,575 1,511
574   444 130
706   622 84
2,374   1,199 1,175
548   350 198
797   647 150
4,428   2,812 1,616
398   259 139
634   360 274
399   377 22
117   112 5
1,146   887 259
848   566 282
1,061   520 541
235   192 43
2,397   1,719 678
1,005   824 181
459   279 180
1,137   720 417
959   540 419
1,558   1,745 -187
220   208 12
1,833   1,358 475
1,211   1,020 191
1,061   579 482
251   191 60
6,147   4,395 1,752
2,355   1,928 427
483   328 155
575   453 122
692   511 181
2,677   2,438 239
1,744   1,514 230
1,718   1,321 397
4,948   2,281 2,667
2,122   1,463 659
1,672   1,273 399
757   642 115
2,471   2,044 427
661   360 301
76   59 17
1,119   577 542
1,550   1,686 -136
118   105 13
1,198   1,037 161
3,118   3,916 -798
1,082   522 560
1,683   1,467 216
2,204   1,868 336
269   219 50
561   356 205
226   202 24
718   1,079 -361
2,589   2,180 409
2,428   1,882 546
9,629   5,112 4,517
592   489 103
1,082   580 502
427   358 69
1,916   1,108 808
1,792   1,419 373
363   285 78
11   9 2
1,288   1,406 -118
530   392 138
2,308   2,294 14
3,186   2,837 349
2,131   1,585 546
2,164   1,467 697
1,730   1,611 119
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        
b       149
c       280
d       18
e       67
      -2
      148
      72
      40
      2,893
      545
      57
       
      2,380
      215
      35
      30
      396
      -7
      1
      788
      1,588
      25
      439
       
      222
      473
      161
      51
      2,672
      119
      8
      662
      130
      504
      549
       
      195
      67
       
      26
      291
      31
      241
      224
      432
      110
      66
       
      65
      32
      7
      29
      11
      125
      155
      31
      383
      246
      553
      98
      678
      347
      87
      207
      -176
      -61
      38
      633
      2,516
      82
      264
      962
      119
      30
      475
      27
      -49
      -75
      -292
      15
      718
      -85
      322
      107
      740
      731
      403
      17
      135
      -319
      319
      306
      876
      181
      2,413
      1,957
      2,027
      163
      578
      173
      188
      9
      160
      1,511
      130
      84
      1,175
      198
      150
      1,616
      139
      274
      22
      5
      259
      282
      541
      43
      678
      181
      180
      417
      419
      -187
      12
      475
      191
      482
      60
      1,752
      427
      155
      122
      181
      239
      230
      397
      2,667
      659
      399
      115
      427
      301
      17
      542
      -136
      13
      161
      -798
      560
      216
      336
      50
      205
      24
      -361
      409
      546
      4,517
      103
      502
      69
      808
      373
      78
      2
      -118
      138
      14
      349
      546
      697
      119
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 64,461
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 2,138
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 203,938 562,396 0.362623
2012 221,557 742,553 0.298372
2011 96,771 849,315 0.113940
2010 113,563 914,266 0.124212
2009 87,406 901,690 0.096936
2 Total of line 1, column (d) ...................... 2 0.996083
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 0.199217
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 597,638
5 Multiply line 4 by line 3....................... 5 119,060
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 697
7 Add lines 5 and 6......................... 7 119,757
8 Enter qualifying distributions from Part XII, line 4.............. 8 51,894
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 1,394
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,394
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,394
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 368
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.............. 7 368
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 1,026
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 2015 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 Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    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 addressbulletN/A
    14
    The books are in care ofbulletJUDITH MORRILL Telephone no.bullet (260) 357-4141
    Located atbulletPO BOX 180GARRETTIN ZIP+4bullet46738
    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
    Yes
     
    .........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
     
     
    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
    JUDITH MORRILL PRESIDENT
    0.50     		0 0 0
    PO BOX 180
    GARRETT,IN46738
    CRAIG T BENSON SEC/TREAS
    0.50     		340 0 0
    PO BOX 180
    GARRETT,IN46738
    ALELIA BARRY DIRECTOR
    0.50     		0 0 0
    PO BOX 180
    GARRETT,IN46738
    BYRON BRAUN DIRECTOR
    0.50     		0 0 0
    PO BOX 180
    GARRETT,IN46738
    MARK FOGT DIRECTOR
    0.50     		0 0 0
    PO BOX 180
    GARRETT,IN46738
    DONALD E SMITH DIRECTOR
    0.50     		0 0 0
    PO BOX 180
    GARRETT,IN46738
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (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 N/A  
    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
    20,776
    b
    Average of monthly cash balances.......................
    1b
    185,963
    c
    Fair market value of all other assets (see instructions)................
    1c
    400,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    606,739
    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
    606,739
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    9,101
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    597,638
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    29,882
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    29,882
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    1,394
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,394
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    28,488
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    28,488
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    28,488
    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
    51,894
    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
    51,894
    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
    51,894
    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 28,488
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 87,406
    b From 2010....... 113,887
    c From 2011....... 96,771
    d From 2012....... 184,937
    e From 2013....... 176,482
    fTotal of lines 3a through e......... 659,483
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 51,894
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 28,488
    e Remaining amount distributed out of corpus 23,406
    5 Excess distributions carryover applied to 2014.    
    (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 5 682,889
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		87,406
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		595,483
    10 Analysis of line 9:
    a Excess from 2010.... 113,887
    b Excess from 2011.... 96,771
    c Excess from 2012.... 184,937
    d Excess from 2013.... 176,482
    e Excess from 2014.... 23,406
    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).)
    JUDITH MORRILL
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JUDITH CLARK-MORILL FOUNDATION
    701 W KING STREET
    PO BOX 180
    GARRETT,IN46738
    (260) 357-4141
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION ENCOURAGES PROJECTS THAT PROMOTE THE ARTS WITHIN DEKALB COUNTY, INDIANA; ENHANCE THE EDUCATION OF STUDENTS IN DEKALB AND STEUBEN COUNTIES IN INDIANA; AND ASSIST THE CITY OF GARRETT, INDIANA, IN CONSTRUCTION OF MUNICIPAL IMPROVEMENTS. IF AN ORGANIZATION IS ELIGIBLE TO APPLY, A GRANT APPLICATION FORM - COVER SHEET COMPLETED WITH THE FOLLOWING: WHO THE ORGANIZATION IS, ITS FINANCIAL NEEDS, ITS PROCEDURES FOR FUNDING AND COMPLETING THE PROJECT AND THE TOTAL COST. THE GRANT PACKAGE SHOULD INCLUDE: COVER LETTER; ABSTRACT OR SUMMARY; STATEMENT OF NEED; OBJECTIVES; EVALUATION; FUTURE FUNDING; AND BUDGET.
    cAny submission deadlines:
    GRANT REVIEWS ARE SCHEDULED TWO TIMES A YEAR - JUNE 1ST AND DECEMBER 1ST. GRANT REQUESTS MAY BE SUBM
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FUNDS WILL NORMALLY NOT BE USED TO SUPPORT: ANNUAL CAMPAIGNS, POLITICAL ACTIVITIES, ADVERTISING, LOANS, TRAVEL, SECOND YEAR FUNDING OR MULTI-YEAR FUNDING, PROJECTS OUTSIDE OUR AREA, GENERAL OPERATING, INDIVIDUALS, OR STUDENT GROUPS/SCHOLARSHIPS.
    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
    JUDY A MORRILL RECREATION CENTER
    1120 E HOUSTON STREET
    GARRETT,IN46738     		SIG DONOR 501(C)(3) 2014 OPERATING COMPAIGN 10,000
    GARRETT-KEYSER BUTLER CSD
    801 E HOUSTON STREET
    GARRETT,IN46738     		  GOV'T TOP TEN SENIOR 500
    FORT WAYNE PHILHARMONIC
    7901 FULLER DRIVE
    FORT WAYNE,IN46835     		  501(C)(3) PATRIOTIC POPS CONCERT 1,000
    ALLEN CO FORT WAYNE HISTORICAL SOC
    302 E BERRY STREET
    FORT WAYNE,IN46802     		  501(C)(3) ADMISSION FEE K-2 GRADE STUDENT 5,000
    TRINE UNIVERSITY
    1 UNIVERSITY AVENUE
    ANGOLA,IN46703     		  501(C)(3) T. FURTH CENTER FOR PERFORMING ARTS 20,000
    PRESERVATION OF DEKALB HERITAGE
    PO BOX 6035
    AUBURN,IN46706     		  NONPROFIT CALVARY CEMETARY PROJECT 1,000
    DISABLED VETERANS NATIONAL FDN
    1020 19TH ST NW SUITE 47
    WASHINGTON,DC20036     		  501(C)(3) DONATION 57
    PURDUE FOUNDATION
    403 W WOOD STREET
    WEST LAFAYETTE,IN47907     		  501(C)(3) DONATION 2,000
    ST JOSEPH CATHOLIC CHURCH
    300 W HOUSTON STREET
    GARRETT,IN46738     		  RELIGIOUS MAINTENANCE FUND 500
    ST MARTIN'S HEALTHCARE SERVICES
    1359 S RANDOLPH STREET
    GARRETT,IN46738     		  501(C)(3) HEALTHCARE FOR UNINSURED DEKALB CO 10,000
    Total .................................bullet 3a 50,057
    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 6,542  
    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 64,461  
    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)..   71,003  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1371,003
    (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:
    JUDITH CLARK-MORRILL FOUNDATION IN
    EIN: 30-0046592
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DULIN, WARD & DEWALD, INC. 1,837     1,837

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    JUDITH CLARK-MORRILL FOUNDATION IN
    EIN: 30-0046592
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SALLIE MAE BK CD 2009-04 PURCHASE 2014-04   15,000 15,000        

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    JUDITH CLARK-MORRILL FOUNDATION IN
    EIN: 30-0046592
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA CORP MEDIUM TE 20,466 26,603
    GENERAL ELECTRIC CAP CORP MED    

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    JUDITH CLARK-MORRILL FOUNDATION IN
    EIN: 30-0046592
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACE LIMITED    
    ACTIVISION BLIZZARD INC    
    AGILENT TECH INC    
    AIR PRODUCTS & CHEMICALS INC    
    ALLEGHANY CORP NEW    
    AMERICAN EXPRESS COMPANY    
    AMERIPRISE FINANCIAL INC    
    BANK NEW YORK MELLON CORP    
    BED BATH & BEYOND    
    BERKSHIRE HATHAWAY INC    
    BROOKFIELD ASSET MANGMNT    
    CANADIAN NATURAL RESOURCES LTD    
    CARMAX INC    
    COCA-COLA COMPANY    
    COSTCO WHSL CORP    
    CVS CAREMARK CORP    
    DIAGEO PLC    
    DISNEY WALT COMPANY    
    ECOLAB INC    
    EOG RESOURCES INC    
    EXPRESS SCRIPTS HLDG CO    
    GOOGE INC    
    HARLEY DAVIDSON INC    
    HEWLETT-PACKARD COMPANY    
    IRON MTN INC    
    JPMORGAN CHASE & CO    
    LABORATORY CORP OF AMER HLDGS    
    LOEWS CORPORATION    
    MICROSOFT CORP    
    MONSANTO CO    
    OCCIDENTAL PETE CORP    
    ORACLE CORPORATION    
    PACCAR INC    
    PHILIP MORRIS INTERNATIONAL INC    
    PROGRESSIVE CORP    
    TEXAS INSTRUMENTS INC    
    UNITEDHEALTH GROUP    
    VISA    
    WELLS FARGO COMPANY    

    TY 2014 InvestmentsOtherSchedule2
    Name:
    JUDITH CLARK-MORRILL FOUNDATION IN
    EIN: 30-0046592
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ADVISORS INNER CIRCLE FD CAMBI AT COST 3,365 5,204
    DELAWARE GROUP EQUITY FDS AT COST 3,634 5,365
    EUROPACIFIC GROWTH FD AT COST    
    HARBOR FUND CAP APPRECIATION F AT COST 3,324 5,343
    HARRIS ASSOC INVT TR AT COST 1,397 1,785
    HARTFORD MUT FDS INC AT COST 4,881 5,297
    JANUS INVT FD AT COST 4,428 4,189
    PIONEER SER TR I AT COST    
    ROYCE FD AT COST 1,900 1,937
    SATUIT CAP MGMT TR AT COST 1,141 1,217
    ROWE T PRICE MID-CAP AT COST 3,273 4,338
    AMERICAN EUROPACIFIC GWOTH FU AT COST 1,576 1,775
    INVESTMENT MANAGERS SER TR OAK RIDGE AT COST 956 1,171

    TY 2014 OtherExpensesSchedule
    Name:
    JUDITH CLARK-MORRILL FOUNDATION IN
    EIN: 30-0046592
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MISCELLANEOUS 185      


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    JUDITH CLARK-MORRILL FOUNDATION IN
    EIN: 30-0046592
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BRAUN INVESTMENTS 1,299 1,299    


    TY 2014 TaxesSchedule
    Name:
    JUDITH CLARK-MORRILL FOUNDATION IN
    EIN: 30-0046592
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 15      
    EXCISE TAXES 400