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
THE ASHTON FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)199 NORTH 290 WESTROOM/SUITE 100Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LINDON, UT84042
A Employer identification number

87-0480108
B Telephone number (see instructions)

(801) 226-1266
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$3,178,309J 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 178 178  
4 Dividends and interest from securities...... 101,942 101,942  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 269,495
b Gross sales price for all assets on line 6a 3,010,090
7 Capital gain net income (from Part IV, line 2)... 269,495
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -41 -41  
12 Total. Add lines 1 through 11........ 371,574 371,574  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 94,000     94,000
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 2,460 615   1,845
c Other professional fees (attach schedule).... Click to see attachment 37,803 34,601   3,202
17 Interest............... 61 61    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,365 1,459    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,546     1,546
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 5,286 5,262    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 152,521 41,998   100,593
25 Contributions, gifts, grants paid........ 8,737,185 8,737,185
26 Total expenses and disbursements. Add lines 24 and 25 8,889,706 41,998   8,837,778
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,518,132
b Net investment income (if negative, enter -0-) 329,576
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...............      
2 Savings and temporary cash investments.......... 251,469 135,926 135,926
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet   7,546,794    
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)........ 3,863,982 Click to see attachment2,825,628 3,020,404
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment21,979 Click to see attachment21,979 Click to see attachment21,979
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,684,224 2,983,533 3,178,309
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................. 182,559  
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).......... 182,559 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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 11,501,665 2,983,533
30 Total net assets or fund balances (see instructions)...... 11,501,665 2,983,533
31 Total liabilities and net assets/fund balances (see instructions).. 11,684,224 2,983,533
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 11,501,665
2 Enter amount from Part I, line 27a..................... 2 -8,518,132
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,983,533
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 2,983,533
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 PUBLICLY TRADED SECURITIES P   2014-12-31
b PUBLICLY TRADED SECURITIES P   2014-12-31
c PUBLICLY TRADED SECURITIES P   2014-01-01
d PUBLICLY TRADED SECURITIES P   2014-12-31
e
(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 394,346   287,540 106,806
b 2,604,560   2,452,534 152,026
c 206   217 -11
d 293   304 -11
e
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       106,806
b       152,026
c       -11
d       -11
e
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 2 269,495
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 1,097,541 11,798,029 0.093027
2012 818,282 12,195,760 0.067096
2011 756,289 12,763,168 0.059256
2010 632,907 13,258,010 0.047738
2009 544,443 13,642,870 0.039907
2 Total of line 1, column (d) ...................... 2 0.307024
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 0.061405
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,648,467
5 Multiply line 4 by line 3....................... 5 224,034
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,296
7 Add lines 5 and 6......................... 7 227,330
8 Enter qualifying distributions from Part XII, line 4.............. 8 8,837,778
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 3,296
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 3,296
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 3,296
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 3,550
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 3,550
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 254
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet254 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
    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)
    bulletUT
    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 ofbulletDAVID HARKNESS Telephone no.bullet (801) 226-1266
    Located atbullet199 NORTH 290 WEST SUITE 100LINDONUT ZIP+4bullet84042
    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
     
     
    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
    ADAM ASHTON TRUSTEE
    1.25     		4,000 0 0
    641 SOUTH PALISADE DRIVE
    OREM,UT84097
    ALAN C ASHTON TRUSTEE
    1.25     		4,000 0 0
    199 NORTH 290 WEST STE 100
    LINDON,UT84042
    ALLISON NORTON TRUSTEE
    1.25     		4,000 0 0
    6026 WEST 11400 NORTH
    HIGHLAND,UT84003
    AMY JO YOUNG TRUSTEE
    1.25     		4,000 0 0
    2909 NORTH 1230 WEST
    PLEASANT GROVE,UT84062
    ANNIE ASHTON TRUSTEE
    1.25     		4,000 0 0
    641 SOUTH PALISADE DRIVE
    OREM,UT84097
    BRIGHAM ASHTON TRUSTEE
    1.25     		4,000 0 0
    946 EAST 500 SOUTH
    OREM,UT84097
    CHAD YOUNG TRUSTEE
    1.25     		4,000 0 0
    2909 NORTH 1230 WEST
    PLEASANT GROVE,UT84062
    ELIZA SMITH TRUSTEE
    1.25     		4,000 0 0
    26870 REGENCY PINES DRIVE
    KINGWOOD,TX77339
    ELIZABETH ASHTON TRUSTEE
    1.25     		4,000 0 0
    946 EAST 500 SOUTH
    OREM,UT84097
    EMILY ANN EDDINGTON TRUSTEE
    1.25     		4,000 0 0
    737 WEST 2490 NORTH
    PLEASANT GROVE,UT84062
    ERIN ASHTON TRUSTEE
    1.25     		4,000 0 0
    742 EAST 600 SOUTH
    OREM,UT84097
    HEATH WESTFALL TRUSTEE
    1.25     		4,000 0 0
    515 SOUTH PALISADE DRIVE
    PROVO,UT84097
    KAREN ASHTON TRUSTEE
    1.25     		4,000 0 0
    199 NORTH 290 WEST STE 100
    LINDON,UT84042
    MELISSA ASHTON TRUSTEE
    1.25     		4,000 0 0
    11707 SUNRISE CIRCLE
    HIGHLAND,UT84003
    MICHAEL SMITH TRUSTEE
    1.25     		4,000 0 0
    26870 REGENCY PINES DRIVE
    KINGWOOD,TX77339
    MORGAN ASHTON TRUSTEE
    1.00     		3,000 0 0
    6017 WEST BULL RIVER ROAD
    HIGHLAND,UT84003
    PAUL EDDINGTON TRUSTEE
    1.25     		4,000 0 0
    737 WEST 2490 NORTH
    PLEASANT GROVE,UT84062
    REBEKAH WESTFALL TRUSTEE
    1.25     		4,000 0 0
    515 SOUTH PALISADE DRIVE
    PROVO,UT84097
    SAMUEL ASHTON TRUSTEE
    1.25     		4,000 0 0
    11707 SUNRISE CIRCLE
    HIIGHLAND,UT84003
    SPENCER ASHTON TRUSTEE
    1.25     		4,000 0 0
    974 E ROSEBROOK CIRCLE
    SANDY,UT84070
    STEPHANIE ASHTON TRUSTEE
    1.25     		4,000 0 0
    6017 WEST BULL RIVER ROAD
    HIGHLAND,UT84003
    STEPHEN ASHTON TRUSTEE
    1.25     		4,000 0 0
    742 EAST 600 SOUTH
    OREM,UT84097
    TOBY NORTON TRUSTEE
    1.00     		3,000 0 0
    6036 WEST 11400 NORTH
    HIGHLAND,UT84003
    TRACI ASHTON TRUSTEE
    1.25     		4,000 0 0
    974 E ROSEBROOK CIRCLE
    DRAPER,UT84020
    DAVE HARKNESS EXECUTIVE DI
    0.25     		0 0 0
    199 EAST 200 NORTH STE 100
    LINDON,UT84042
    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
    3,579,630
    b
    Average of monthly cash balances.......................
    1b
    102,418
    c
    Fair market value of all other assets (see instructions)................
    1c
    21,979
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,704,027
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,704,027
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    55,560
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,648,467
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    182,423
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    182,423
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    3,296
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,296
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    179,127
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    179,127
    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
    179,127
    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
    8,837,778
    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
    8,837,778
    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
    3,296
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    8,834,482
    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 7 179,127
    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.......  
    b From 2010.......  
    c From 2011....... 120,025
    d From 2012....... 210,618
    e From 2013....... 525,958
    fTotal of lines 3a through e......... 856,601
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 8,837,778
    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..... 179,127
    e Remaining amount distributed out of corpus 8,658,651
    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 9,515,252
    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) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		9,515,252
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 120,025
    c Excess from 2012.... 210,618
    d Excess from 2013.... 525,958
    e Excess from 2014.... 8,658,651
    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.
    NONE
    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:
    ALAN C ASHTON CO DAVE HARKNESS
    199 NORTH 290 WEST SUITE 100
    LINDON,UT84042
    (801) 226-1266
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST INCLUDING EXPLANATION OF NEED
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    AS ROWAN READING ROOM FOR THE BLIND
    AS ROWAN READING ROOM FOR THE BLIND
    3335 SO 900 EAST STE 180
    3335 SO 900 EAST STE 180
    SALT LAKE CITY,UT84106     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    ABILITY FOUND
    ABILITY FOUND
    5236 S GREENPINE DRIVE
    5236 S GREENPINE DRIVE
    SALT LAKE CITY,UT84123     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    ALPINE HOUSE
    ALPINE HOUSE
    156 S 300 W
    156 S 300 W
    PROVO,UT84601     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,500
    ALPINE SCHOOL DISTRICT
    ALPINE SCHOOL DISTRICT
    575 NORTH 100 EAST
    575 NORTH 100 EAST
    AMERICAN FORK,UT84003     		NOT APPLICABLE PUBLIC UNRESTRICTED 23,000
    AMERICAN RED CROSS
    AMERICAN RED CROSS
    865 NORTH FREEDOM BLVD
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    ASSISTANCE LEAGUE OF SLC
    ASSISTANCE LEAGUE OF SALT LAKE CITY
    PO BOX 9353
    PO BOX 9353
    SALT LAKE CITY,UT84109     		NOT APPLICABLE PUBLIC UNRESTRICTED 6,000
    BEAR RIVER SENIOR COMPANION PROGRAM
    BEAR RIVER SENIOR COMPANION PROGRAM
    170 NORTH MAIN
    LOGAN,UT84321     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,500
    BOX ELDER COMMUNITY PANTRY
    BOX ELDER COMMUNITY PANTRY
    272 N 200 W
    272 N 200 W
    BRIGHAM CITY,UT84302     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    BOY SCOUT TROOP 474
    BOY SCOUT TROOP 474
    13914 DESERT TRACE COURT
    HOUSTON,TX77044     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    BRIGHAM YOUNG UNIVERSITY
    BRIGHAM YOUNG UNIVERSITY
    PO BOX 410455
    PO BOX 410455
    SALT LAKE CITY,UT84141     		NOT APPLICABLE PUBLIC UNRESTRICTED 251,000
    BUILDING YOUTH AROUND THE WORLD
    BUILDING YOUTH AROUND THE WORLD
    2785 W 9000 SW
    2785 W 9000 SW
    JORDAN,UT84088     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    CAUSE FOR HOPE
    CAUSE FOR HOPE
    10421 S JORDAN PARKWAY
    10421 S JORDAN PARKWAY
    SOUTH JORDAN,UT84095     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    CENTER FOR WOMEN & CHILDREN CRISIS
    CENTER FOR WOMEN & CHILDREN IN CRISIS
    1433 EAST 840 NORTH
    1433 EAST 840 NORTH
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    LDS CHURCH
    THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS
    15 EAST SOUTH TEMPLE
    15 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84150     		NOT APPLICABLE PUBLIC UNRESTRICTED 40,000
    COMMUNITY ACTION SERVICES OF UT COU
    COMMUNITY ACTION SERVICES OF UT COUNTY
    815 S FREEDOM BLVD 100
    815 S FREEDOM BLVD 100
    PROVO,UT84601     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    COMMUNITY HEALTH CONNECT
    COMMUNITY HEALTH CONNECT
    591 SOUTH STATE STREET
    PROVO,UT84606     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    COMMUNITY NURSING SERVICE
    COMMUNITY NURSING SERVICES
    383 WEST VINE STREET 300
    383 WEST VINE STREET 300
    MURRAY,UT84123     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    CROSSROADS URBAN CENTER
    CROSSROADS URBAN CENTER
    347 SOUTH 400 EAST
    347 SOUTH 400 EAST
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    EMBRACE
    EMBRACE
    1440 BROADWAY STE 205
    1440 BROADWAY STE 205
    OAKLAND,CA94612     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,500
    ENGLISH SKILLS LEARNING CENTER
    ENGLISH SKILLS LEARNING CENTER
    631 W NORTH TEMPLE
    SUITE 70
    SALT LAKE CITY,UT84116     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    EYE CARE FOR KIDS
    EYE CARE FOR KIDS FOUNDATION
    6911 SOUTH STATE STREET
    6911 SOUTH STATE STREET
    MIDVALE,UT84047     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    FALL CREEK ELEMENTARY SCHOOL
    FALL CREEK ELEMENTARY SCHOOL
    14435 MESA DRIVE
    14435 MESA DRIVE
    HUMBLE,TX77396     		NOT APPLICABLE PUBLIC UNRESTRICTED 1,340
    FAMILY COUNSELING CENTER
    FAMILY COUNSELING CENTER
    5250 S COMMERCE DR 250
    MURRAY,UT84107     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,500
    FAMILY SUPPORT & TREATMENT CENTER
    FAMILY SUPPORT & TREATMENT CENTER - UTAH VALLEY
    1255 NORTH 1200 WEST
    OREM,UT84057     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    FAMILY SUPPORT CENTER OF SOUTHWESTE
    FAMILY SUPPORT CENTER OF SOUTHWESTERN UTAH
    102 N 200 E
    102 N 200 E
    CEDAR CITY,UT84720     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    FOR THE KIDS
    FOR THE KIDS
    84 WEST 620 SOUTH
    OREM,UT84058     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    FRIDAY KIDS RESPITE
    FRIDAY KIDS RESPITE
    475 WEST 260 NORTH
    475 WEST 260 NORTH
    OREM,UT84057     		NOT APPLICABLE PUBLIC UNRESTRICTED 4,000
    FRIENDS OF UTAH COUNTY CHILDREN'S
    FRIENDS OF UTAH COUNTY CHILDRENS JUSTICE
    315 SOUTH 100 EAST
    PROVO,UT84606     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    GOSPEL IDEALS INTERNATIONAL
    GOSPELS IDEALS INTERNATIONAL
    1087 EAST 680 NORTH
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    HABITAT FOR HUMANITY
    HABITAT FOR HUMANITY
    1276 SOUTH 500 WEST
    1276 SOUTH 500 WEST
    SALT LAKE CITY,UT84101     		NOT APPLICABLE PUBLIC UNRESTIRCTED 5,000
    LDS CHURCH
    HIGHLAND 20TH WARD
    50 EAST NORTH TEMPLE
    SALT LAKE CITY,UT84150     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,500
    HOUSE FOR HOPE
    HOUSE FOR HOPE
    857 EAST 200 SOUTH
    857 EAST 200 SOUTH
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    IVUMED
    IVUMED
    3269 S MAIN ST STE 230
    3269 S MAIN ST STE 230
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    JDRF
    JDRF
    132 S 600 E STE 100
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    JORDAN EDUCATION FOUND
    JORDAN EDUCATION FOUNDATION
    7387 CAMPUS VIEW DRIVE
    7387 CAMPUS VIEW DRIVE
    WEST JORDAN,UT84084     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    JUNIOR LEAGUE
    JUNIOR LEAGUE OF SALT LAKE CITY
    526 EAST 300 SOUTH
    526 EAST 300 SOUTH
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    KIDS ON THE MOVE
    KIDS ON THE MOVE
    475 W 260 N
    OREM,UT84057     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    LARRY H MILLER CHARITIES
    LARRY H MILLER CHARITIES
    9350 SOUTH 150 EAST
    STE 1000
    SANDY,UT84070     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    LEGACY MUSIC ALLIANCE
    LEGACY MUSIC ALLIANCE
    252 E BROADWAY
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    LEGAL AID SOCIETY OF SALT LAKE
    LEGAL AID SOCIETY OF SALT LAKE
    205 N 400 W
    205 N 400 W
    SALT LAKE CITY,UT84103     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    LIFE LINE INC
    LIFE LINE INC
    1130 WEST CENTER STREET
    NORTH SALT LAKE,UT84054     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    LUTHERAN SOCIAL SERVICES
    LUTHERAN SOCIAL SERVICES
    4392 SOUTH 900 EAST
    SALT LAKE CITY,UT84124     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    MENTORS INTERNATIONAL
    MENTORS INTERNATIONAL
    65 WADSWORTH PARK DR 207
    DRAPER,UT84020     		NOT APPLICABLE PUBLIC UNRESTRICTED 15,000
    MORALITY IN MEDIA
    MORALITY IN MEDIA
    1100 G STREET NW 1030
    WASHINGTON,DC20005     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    MOUNTAINLANDS COMMUNITIY HEALTH
    MOUNTAINLANDS COMMUNITY HEALTH CENTER
    589 SOUTH STATE STREET
    589 SOUTH STATE STREET
    PROVO,UT84606     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    MOUNTAINVILLE ACADEMY
    MOUNTAINVILLE ACADEMY
    195 SOUTH MAIN STREET
    195 SOUTH MAIN STREET
    ALPINE,UT84004     		NOT APPLICABLE PUBLIC UNRESTRICTED 9,057
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    3803 N FAIRFAX DR 100
    ARLINGTON,VA22203     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    1440 FOOTHILL DR
    STE 200
    SALT LAKE CITY,UT84108     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    NORTH SANPETE SCHOOL DISTRICT
    NORTH SANPETE SCHOOL DISTRICT
    220 E 700 S
    MT PLEASANT,UT84647     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    NOW I CAN FOUNDATION
    NOW I CAN FOUNDATION
    1675 N FREEDOM BLVD 10B
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    ONE HEART WORLD-WIDE
    ONE HEART WORLD-WIDE
    1818 PACHECO STREET
    1818 PACHECO STREET
    SAN FRANCISCO,CA94116     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,400
    ONE LIFE AT A TIME
    ONE LIFE AT A TIME
    400 WASHINGTON STREET
    400 WASHINGTON STREET
    BRAINTREE,MA02184     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    OPERATION SMILE
    OPERATION SMILE
    6435 TIDEWATER DRIVE
    6435 TIDEWATER DRIVE
    NORFOLK,VA23509     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    OUELESSEBOUGOU ALLIANCE
    OUELESSEBOUGOU ALLIANCE
    1055 NORTH 300 WEST
    STE 204
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    PREVENT CHILD ABUSE UTAH
    PREVENT CHILD ABUSE UTAH
    2955 HARRISON BLVD 104
    2955 HARRISON BLVD 104
    OGDEN,UT84403     		NOT APPLICABLE PUBLIC UNRESTRICTED 6,500
    PRIMARY CHILDREN'S MEDICAL CENTER F
    PRIMARY CHILDREN'S MEDICAL CENTER FOUNDATION
    100 MARIO CAPECCHI DR
    SALT LAKE CITY,UT84132     		NOT APPLICABLE PUBLIC UNRESTRICTED 21,941
    RACHEL COVEY FOUNDATION
    RACHEL COVEY FOUNDATION
    PO BOX 1399
    AMERICAN FORK,UT84003     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    RONALD MCDONALD HOUSE
    RONALD MCDONALD HOUSE CHARITIES
    1135 EAST SOUTH TEMPLE
    1135 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    SALT LAKE COMMUNITY COLLEGE FOUND
    SALT LAKE COMMUNITY COLLEGE FOUND
    4600 SOUTH REDWOOD RD
    AD050
    SALT LAKE CITY,UT84123     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    SALT LAKE DONATED DENTAL SERVICES
    SALT LAKE DONATED DENTAL SERVICES
    1383 S 900 W STE 128
    1383 S 900 W STE 128
    SALT LAKE CITY,UT84104     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    SALT LAKE SEXUAL ASSAULT NURSE
    SALT LAKE SEXUAL ASSAULT NURSE EXAMINERS
    2035 SOUTH 1300 EAST
    2035 SOUTH 1300 EAST
    SALT LAKE CITY,UT84105     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,500
    SCERA CORPORATION
    SCERA CORPORATION
    345 E 800 S
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    SENIOR CHARITY CARE FOUNDATION
    SENIOR CHARITY CARE FOUNDATION
    PO BOX 744
    KAYSVILLE,UT84037     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,500
    SIONFONDS FOR HAITI
    SIONFONDS FOR HAITI
    PO BOX 79
    CANYON,CA94516     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    SOUTH VALLEY SANCTUARY
    SOUTH VALLEY SANCTUARY
    PO BOX 1028
    WEST JORDAN,UT84084     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    SUSAN B KOMEN UTAH
    SUSAN B KOMEN UTAH
    4900 S HIGHLAND DR
    HOLLADAY,UT84117     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    SUTHERLAND INSTITUTE
    SUTHERLAND INSTITUTE
    15 WEST SOUTH TEMPLE 200
    SALT LAKE CITY,UT84101     		NOT APPLICABLE PUBLIC UNRESTRICTED 8,000
    TEENS ACT
    TEENS ACT
    420 W CADBURY DR E107
    420 W CADBURY DR E107
    SOUTH JORDAN,UT84095     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    TEMPLE SHUTTLE
    TEMPLE SHUTTLE
    11006 VEIRS MILLS ROAD
    STE L15-231
    WHEATON,MD20902     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    THANKSGIVING POINT INSTITUTE
    THANKSGIVING POINT INSTITUTE
    3003 THANKSGIVING WAY
    LEHI,UT84043     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,546,794
    THE HAPPY FACTORY
    THE HAPPY FACTORY
    896 NORTH 2175 WEST CIR
    896 NORTH 2175 WEST CIR
    CEDAR CITY,UT84721     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    THE ROAD HOME
    THE ROAD HOME
    210 SOUTH RIO GRANDE ST
    210 SOUTH RIO GRANDE ST
    SALT LAKE CITY,UT84101     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    THOMAS MORE LAW CENTER
    THOMAS MORE LAW CENTER
    24 FRANK LLOYD WRIGHT DR
    PO BOX 393
    ANN ARBOR,MI48106     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    TIMPANOGOS STORYTELLING FESTIVAL
    TIMPANOGOS STORYTELLING FESTIVAL
    PROVO CANYON HWY 189
    PROVO,UT84601     		NOT APPLICABLE PUBLIC UNRESTRICTED 25,000
    TUACAHN CENTER FOR THE ARTS
    TUACAHN CENTER FOR THE ARTS
    1100 TUACAHN DR
    IVINS,UT84738     		NOT APPLICABLE PUBLIC UNRESTRICTED 15,000
    UNITED WAY OF EASTERN UTAH
    UNITED WAY OF EASTERN UTAH
    67 EAST MAIN
    PRICE,UT84501     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    UNIVERSITY OF UTAH
    DEVELOPMENT OFFICE
    201 PRESIDENTS CIRCLE
    ROOM 304
    SALT LAKE CITY,UT84112     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    UTAH COUNCIL FOR CRIME PREVENTION
    UTAH CENTER FOR CRIME PREVENTION
    462 W BEARCAT DR
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    UTAH COUNTY SHERIFF SEARCH & RESCUE
    UTAH COUNTY SHERIFF SEARCH & RESCUE
    3075 NORTH MAIN
    SPANISH FORK,UT84660     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,500
    UTAH FOOD BANK
    UTAH FOOD BANK
    3150 SOUTH 900 WEST
    3150 SOUTH 900 WEST
    SALT LAKE CITY,UT84119     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    UTAH SHAKESPEARE FESTIVAL
    UTAH SHAKESPEARE FESTIVAL
    299 W CENTER ST
    CEDAR CITY,UT84720     		NOT APPLICABLE PUBLIC UNRESTRICTED 120,000
    UTAH SPORTS HALL OF FAME FOUNDATION
    UTAH SPORTS HALL OF FAME FOUNDATION
    3421 EAST CREEK ROAD
    COTTONWOOD HEIGHTS,UT84121     		NOT APPLICABLE PUBLIC UNRESTRICTED 750
    UTAH STATE UNIVERSITY
    UTAH STATE UNIVERSITY
    1400 OLD MAIN HILL
    1400 OLD MAIN HILL
    LOGAN,UT84322     		NOT APPLICABLE PUBLIC UNRESTRICTED 40,000
    UTAH VALLEY UNIVERSITY FOUNDATION
    UTAH VALLEY UNIVERSITY FOUNDATION
    800 W UNIV PRKWY MS111
    800 W UNIV PRKWY MS111
    OREM,UT84058     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,400
    UTAH YOUTH VILLAGE
    UTAH YOUTH VILLAGE
    5800 HIGHLAND DR
    5800 HIGHLAND DR
    SALT LAKE CITY,UT84121     		NOT APPLICABLE PUBLIC UNRESTRICTED 8,000
    VOLUNTEERS OF AMERICA
    VOLUNTEERS OF AMERICA
    435 W BEARCAT
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    WOMEN WHO CARE MINISTRIES
    WOMEN WHO CARE MINISTRIES
    19634 CLUB HOUSE ROAD
    19634 CLUB HOUSE ROAD
    MONTGOMERY VILLAGE,MD20886     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    ZAMBIA'S SCHOLARSHIP
    ZAMBIA'S SCHOLASHIP FOUNDATION
    PO BOX 515
    PO BOX 515
    BRIGHAM CITY,UT84302     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    MORE GOOD FOUNDATION
    MORE GOOD FOUNDATION
    1569 N TECHNOLOGY WAY BLD
    1569 N TECHNOLOGY WAY BLD
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 240,000
    FLOW THROUGH K-1
    PLAINS ALL AMERICAN PIPELINE
    333 CLAY ST STE 1600
    333 CLAY ST STE 160
    HOUSTON,TX77002     		NOT APPLICABLE PUBLIC UNRESTRICTED 3
    Total .................................bullet 3a 8,737,185
    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 ............     		    14 178  
    4 Dividends and interest from securities....     14 101,942  
    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.....     15 53  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    14 269,495  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aSECTION 1231 KINDER     14 -104  
    bSECTION 1231 PLAINS     14 10  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   371,574  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13371,574
    (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:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,460 615   1,845

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 20,348 29,505
    AMERICAN ELECTRIC POWER 25,049 32,488
    APPLE, INC 18,679 29,638
    ASTRAZENECA PLC 55,433 55,811
    AT&T INC 30,285 29,761
    AUTOMATED DATA PROCESSING INC 25,285 30,176
    BANK OF AMERICA CORP    
    BCE INC 42,465 45,325
    BP P.L.C. 66,255 55,045
    BERKSHIRE HATH CL B    
    BRISTOL MYERS SQUIBB COMPANY    
    CHEVRON CORP    
    CISCO SYSTEMS INC 38,615 47,142
    CONAGRA FOODS    
    DIGITAL RLTY TR INC    
    DOMINION RES INC 44,565 47,755
    DU PONT E I DE NEMOURS 26,106 32,457
    EATON CORP    
    ELI LILLY & CO CMN 28,297 31,390
    EXXON MOBIL CORP 43,923 46,566
    GENERAL ELECTRIC XO 57,932 60,314
    GLAXOSMITHLINE PLC    
    HEALTHCARE REIT 24,755 31,625
    INTEL CORP. 30,163 45,605
    JOHNSON & JOHNSON COM 25,152 30,095
    JPMORGAN CHASE & CO 30,122 32,445
    KELLOGG CO    
    KIMBERLY CLARK 49,453 61,883
    KINDER MORGAN INC 58,346 65,454
    KRAFT FOODS GROUP INC 54,882 64,985
    LOCKHEED MARTIN 39,806 47,153
    MARATHON OIL CORP 44,288 35,621
    MCDONALD'S CORP 63,460 60,711
    MICROSOFT CORP    
    METLIFE INC 30,285 30,858
    NEXTERA ENERGY INC SHS    
    OCCIDENTAL PETE CORP 60,771 54,500
    PACCAR INC 38,940 47,017
    PAYCHEX INC 29,612 30,307
    PG&E CORP    
    PPL CORP 26,669 31,700
    SEAGATE TECH PLC 20,392 31,279
    SPECTRA ENERGY CORP 27,889 29,359
    THOMSON REUTERS CORP 27,495 31,238
    TORONTO DOMINION BANK 41,855 44,121
    UNITED TECHS CORP 48,002 48,885
    VENTAX INC REIT    
    VENTAS INC 40,615 46,246
    VERIZON COMMUNICATIONS INC 43,883 43,326
    WAL MART STORES INC 40,780 46,203
    ABERDEEN EMERGING MARKETS FUND    
    AB HIGH INCOME FUND 80,506 76,654
    ALLIANCEBERNSTEIN HIGH INC FD    
    COHEN & STEERS REALTY SHS    
    EMERGING GLOBALSHS 31,878 29,496
    FIDUCIARY/CLAY MLP OPP 55,787 59,718
    GOTHAM ABSOLUTE RETURN FUND 28,541 30,762
    GUGGENHEIM TIMBER ETF 30,941 30,615
    HARTFORD INTERNATIONAL OPPORT    
    HARTFORD INTERNATIONAL BOND FD    
    HARTFOD WORLD BOND FUND 30,426 30,185
    ISHARES MSCI EMERGING MKTS    
    ISHARES RS 2000 GROWTH 28,743 32,529
    ISHARES RUSSELL MIDCAP 26,274 31,380
    ISHARES RUSSELL MIDCAP GROWTH 26,382 31,333
    ISHARE SILVER TR    
    ISHARE TIPS BOND ETF 83,777 92,529
    ISHARES TR RUSSELL 2000 57,600 64,559
    IVY SCIENCE AND TECHNOLOGY FUND 59,689 61,708
    JOHN HANCOCK DISCIPLINED VALUE 53,234 63,051
    JP MORGAN HI YLD SELC CL    
    LOOMIS SAYLES STRATEGIC INC FD CL Y 67,340 92,356
    LORD ABBETT HIGH YIELD FD 64,010 61,153
    MAINSTAY MARKETFIELD FUND CL 69,236 61,363
    MFS EMERGING MARKETS DEBT FD 30,756 30,280
    MFS INTERNATIONAL VALUE FUND 92,043 91,157
    OPPENHEIMER DEVELOPING MARKETS FD 30,611 28,977
    OPPENHEIMER INTL SMALL COMPANY FD 64,937 61,651
    PIMCO COMMODITY REAL RETURN    
    POWERSHARES BUYBACK ACHVRS 84,355 94,613
    PUTNAM HIGH YIELD ADVANTAGE FD    
    SPDR GOLD TRUST 67,776 60,538
    TEMPLETON GLBL BOND FD 63,805 61,115
    THE OAKMARK INTL FUND 100,756 90,780
    VANGUARD REIT ETF 24,614 31,248
    PLAINS AL AMERICAN PIPL LP 50,759 56,665
    THORNBURG INTERNATIONAL VALUE    
    KINDERMORGAN ENERGY PARTNERS    

    TY 2014 OtherAssetsSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FURNITURE & EQUIPMENT 21,979 21,979 21,979


    TY 2014 OtherExpensesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK CHARGES 524 524    
    KINDER MORGAN IDCS 464 464    
    KINDER MORGAN ND 2      
    KINDER MORGAN LOSS ON K-1 1,109 1,109    
    PLAINS ALL AMERCIAN LOSS ON K 3,165 3,165    
    PLAINS ALL AMERICAN ND 22      


    TY 2014 OtherIncomeSchedule2
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    KINDER MORGAN 53 53  
    SECTION 1231 KINDER -104 -104  
    SECTION 1231 PLAINS 10 10  


    TY 2014 OtherNotesLoansRcvblShortSch2
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Name of 501(c)(3) Organization Balance Due
     
          		 


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 34,601 34,601    
    CONSULTING FEES 3,202     3,202


    TY 2014 TaxesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN: 87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,311 1,311    
    KINDER MORGAN 2 2    
    PLAINS ALL AMERICAN 146 146    
    FEDERAL INVESTMENT TAXES 9,906