TY 2014 Form 990PF

- TIN:

Form990-PF
Click to see list of attachments

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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 Dixon Water Foundation

Number and street (or P.O. box number if mail is not delivered to street address)4528 County Road 398 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Decatur, TX76234

A Employer identification number

75-2521176

B Telephone number (see instructions)

(940) 768-2740

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$57,043,326J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	83,247		83,247	83,247
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		146,214
b	Gross sales price for all assets on line 6a 514,613
7	Capital gain net income (from Part IV, line 2)...			146,214
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).......		2,527,198	2,073,628
12	Total. Add lines 1 through 11........	2,756,659		2,303,089	83,247
13	Compensation of officers, directors, trustees, etc.	292,651		146,326		146,325
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		19,414	9,707		9,707
b	Accounting fees (attach schedule).......		6,105	3,053		3,052
c	Other professional fees (attach schedule)....		54,840	31,806
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		160,974			38,147
19	Depreciation (attach schedule) and depletion...		231,030
20	Occupancy..............
21	Travel, conferences, and meetings.......	32,000				32,000
22	Printing and publications..........	3,336
23	Other expenses (attach schedule).......		835,744	5,219		693,791
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,636,094		196,111		923,022
25	Contributions, gifts, grants paid........	765,557				765,557
26	Total expenses and disbursements. Add lines 24 and 25	2,401,651		196,111		1,688,579
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	355,008
b	Net investment income (if negative, enter -0-)			2,106,978
c	Adjusted net income (if negative, enter -0-)...				83,247

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	865,258	163,912	163,912
	2	Savings and temporary cash investments..........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............	594,950	677,350	677,350
	9	Prepaid expenses and deferred charges...........	36,000
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	5,577,212	5,624,851	5,624,851
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	7,224,757	9,255,750	9,255,750
	14	Land, buildings, and equipment: basis 42,619,432
		Less: accumulated depreciation (attach schedule) 1,297,969	39,545,725	41,321,463	41,321,463
	15	Other assets (describe )	5,323
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	53,849,225	57,043,326	57,043,326
	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 )	-1,984
	23	Total liabilities (add lines 17 through 22)..........	-1,984	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	1,000	1,000
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	53,850,209	57,042,326
	30	Total net assets or fund balances (see instructions)......	53,851,209	57,043,326
	31	Total liabilities and net assets/fund balances (see instructions)..	53,849,225	57,043,326

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	53,851,209
2	Enter amount from Part I, line 27a.....................	2	355,008
3	Other increases not included in line 2 (itemize)	3	2,837,109
4	Add lines 1, 2, and 3..........................	4	57,043,326
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	57,043,326

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.)
1a
b
c
d
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
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	146,214
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 . . . . . . . . . . . . . . . .		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? Yes No

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	1,463,650	22,402,734	0.06533
2012	1,192,788	21,475,549	0.05554
2011	820,536	11,388,908	0.07205
2010	883,029	9,776,080	0.09033
2009	1,064,473	9,683,617	0.10993

2	Total of line 1, column (d) ......................	2	0.39317
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	0.07864
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	21,348,253
5	Multiply line 4 by line 3.......................	5	1,678,720
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	21,070
7	Add lines 5 and 6.........................	7	1,699,790
8	Enter qualifying distributions from Part XII, line 4..............	8	1,688,579
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	42,140
	hereand 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	42,140
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	42,140
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	48,000
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	48,000
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	105
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	5,755
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax5,755	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

THE DIXON WATER FOUNDATION Telephone no. bullet

(940) 768-2740

Located at bullet

4528 COUNTY ROAD 398DECATURTX ZIP+4 bullet

76234

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
Robert J Potts	Pres/CEO 40.00	189,584		13,407
P O BOX 177 MARFA,TX79843	Pres/CEO 40.00	189,584		13,407
Clinton W Josey Jr	Chairman/VP 40.00	0
6060 N Central Expy 560 Dallas,TX75206	Chairman/VP 40.00	0
Janet Samford	Secretary 35.00	25,067		11,053
P O Box 870545 Mesquite,TX75187	Secretary 35.00	25,067		11,053
JERRY ADDISON	Director 1.00	0
P O BOX 629 BOWIE,TX76230	Director 1.00	0
Walt Davis	Director 1.00	0
262 SR 70E Calera,OK74730	Director 1.00	0
MELISSA BOOKHOUT	SEC/TREAS 35.00	78,000		21,759
4528 COUNTY ROAD 398 DECATUR,TX76234	SEC/TREAS 35.00	78,000		21,759
Leslie C Rauscher	Director 1.00	0
6227 Malcolm Drive Dallas,TX75214	Director 1.00	0
Kathy Smyth	V/Chairmen/VP 1.00	0
7630 Riverpoint Drive Houston,TX77063	V/Chairmen/VP 1.00	0
Laura L Whiting	Director 1.00	0
5005 LBJ Freeway 2200 Dallas,TX75244	Director 1.00	0
DR RICHARD TEAGUE	ADVISORY BOARD 1.00	0
BOX 1658 VERNON,TX76385	ADVISORY BOARD 1.00	0
DR BONNIE WARNOCK	ADVISORY BOARD 1.00	0
RAS CENTER BOX C-16 ALPINE,TX79832	ADVISORY BOARD 1.00	0
SAM MONTOYA	ADVISORY BOARD 1.00	0
TWO SANDIA PLAZA BERNALILLO,NM87004	ADVISORY BOARD 1.00	0
HUGH ALJOE	Director 1.00	0
2510 SAM NOBLE PKWY ARDMORE,OK73401	Director 1.00	0
DR LISA BELLOWS	ADVISORY BOARD 1.00	0
8 QUAIL RUN GAINESVILLE,TX76240	ADVISORY BOARD 1.00	0

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...................

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	Kids On The Land (March 17-20, 2014)KOL is a unique STEM environmental program designed to teach children about the region where they live, connecting them to the land and a more sustainable future. Every activity for students within the program encompasses independent thinking and outdoor classrooms where they can use their senses to learn. Examples that students can actually see, touch and smell are used as learning tools. Primarily, the program provides educational experiences for grades kindergarten through sixth. We had 2 volunteer training days and 170 total students over 2 days at our Bear Creek Ranch.	28,700
2	Texas Wildlife Association L.A.N.D.S.(May 15, 2014)Program stands for Learning Across New Dimensions in Science. They bring 5th and 6th grade kids to our ranch to teach and understand Texas's Natural Resources. They learn about the importance of maintaining grass and soil health to filter the water that fills up our ponds, rivers and lakes. We do water testing, recognizing macro invertebrates, plant identification. We had 71 students.	3,725
3	Society for Range Management (October 8-9, 2014)SRM is dedicated to the conservation and sustainable management of rangelands for the benefit of current societies and for future generations. The annual conference was at Sul Ross State University with a tour of our Alamito Creek at our Kennedy Ranch and tour of our Mimms Ranch in Marfa, Casey Wade and Dr. Bonnie Warnock led tours and answered questions for 30+ attendees.	1,440
4	Rendezvous 2014 - Josey Pavilion Grand Opening - HMI Open Gate & 30th Anniversary Celebration (November 7-8, 2014)This event was for the opening of the Betty & Clint Josey Pavilion. This will be our education facility for North Texas to provide educational opportunities for people wanting to learn about sustainable agriculture and how to do it. We had 220 attendees Friday night. Speakers were Clint Josey, Chairman of DWF, Robert Potts, President of DWF, Dr. Richard Teague, Researcher for AgriLife and DWF Board Member, Brian Weech, President of Holistic Management International and Tenna Florian, Lake/Flato Architect talked about designing and building the Pavilion that will become the first "Living Building" in the state of Texas. The Open Gate consists of a farm/ranch day on our Leo Ranch to talk about how we operate using Holistic Management practices with multi species livestock as tools to improve our native grasses and improve soil. Robby Tuggle and Dr. Lisa Bellows gave the tour.	102,810

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

5,391,484

Average of monthly cash balances.......................

500,335

Fair market value of all other assets (see instructions)................

15,781,534

Total (add lines 1a, b, and c).........................

21,673,353

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

21,673,353

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

325,100

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

21,348,253

Minimum investment return. Enter 5% of line 5..................

1,067,413

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

1,067,413

Tax on investment income for 2014 from Part VI, line 5......

42,140

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

42,140

Distributable amount before adjustments. Subtract line 2c from line 1............

1,025,273

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,025,273

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,025,273

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,688,579

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,688,579

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,688,579

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)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7			1,025,273
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.......	604,812
b From 2010.......	443,909
c From 2011.......	284,385
d From 2012.......	151,237
e From 2013.......	397,532
fTotal of lines 3a through e.........		1,881,875
4Qualifying distributions for 2014 from Part
XII, line 4: $ 1,688,579
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).........		0
d Applied to 2014 distributable amount.....			1,025,273
e Remaining amount distributed out of corpus		663,306
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		2,545,181
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) ...		604,812
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		1,940,369
10 Analysis of line 9:
a Excess from 2010....	443,909
b Excess from 2011....	284,385
c Excess from 2012....	151,237
d Excess from 2013....	397,532
e Excess from 2014....	663,306

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

ROBERT J POTTS
P O BOX 177
MARFA,TX79843
(432) 729-4600

bThe form in which applications should be submitted and information and materials they should include:

2 - 3 PAGE DESCRIPTION OF PROJECT ALONG WITH BUDGET AND SUPPORTING MATERIALS.

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

LIMITED TO LAND MANAGEMENT, WATERSHED PROTECTION AND EDUCATION.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CONNEMARA CONSERVANCY FOUNDATION 1314 W MCDERMOTT ALLEN,TX75013	NONE	PUB CHAR	CONSERVATION EASEMENT	50,000
UNIVERSITY OF NORTH TEXAS P O BOX 305250 DENTON,TX76203	NONE	PUB UNIVE	QUAIL GRANT	50,000
OGALLALA COMMONS INC BOX 346 NAZARETH,TX79063	NONE	PUB UNIVE	GRANT LANDOWNER TRAINING	20,000
TEXAS AGRILIFE RESEARCH 2147 TAMUS COLLEGE STATION,TX77843	NONE	PUB UNIVE	GRASSLAND CONSERVATION	104,156
QUIVERA COALITION INC 1413 SECOND STREET 1 SANTA FE,NM87505	NONE	PUB CHAR	RANCH APPRENTICE PROGRAM	50,000
NUECES RIVER AUTHORITY P O BOX 349 UVALDE,TX78802	NONE	PUB CHAR	RIPARIAN NETWORK	31,000
NORTH CENTRAL TEXAS COLLEGE 1525 W CALIFORNIA GAINESVILLE,TX76240	NONE	PUB UNIVE	ENVIRONMENT & AGR STUDIES	88,351
MARFA PUBLIC RADIO PO BOX 238 MARFA,TX79843	NONE	PUB CHAR	2012 NATURE NOTES	10,000
KATY PRAIRIE CONSERVANCY 3015 RICHMOND AVENUE HOUSTON,TX77098	NONE	PUB CHAR	RANCH MANAGER GRANT	75,000
SUL ROSS STATE UNIVERSITY P O BOX C-16 ALPINE,TX79832	NONE	PUB UNIVE	RANCH MANAGEMENT PROGRAM	50,000
CHIHUAHUAN DESERT RESEARCH INSTITUT P O BOX C-16 ALPINE,TX79832	NONE	PUB CHAR	RESEARCH	10,000
MARFA INTERNATIONAL SCHOOL PO BOX 298 MARFA,TX79843	NONE	PUB CHAR	SCIENCE CLASSES AT MIMMS	22,050
SUL ROSS SUPPORT FOUNDATION E HWY 90 ALPINE,TX79830	NONE	PUB UNIVE	RANCH MANAGMENT ENDOWMENT	150,000
AUDUBON TEXAS 2904 SWISS AVENUE DALLAS,TX75204	NONE	PUB CHAR	BEEF MONITORING	30,000
KIDS ON THE LAND 9460 EAST FM 1606 HERMLEIGH,TX79526	NONE	PF	ENVIRONMENTAL PROGRAM	25,000
Total ................................. 3a				765,557

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	83,247
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 .............			14	146,214
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aHUNTING LEASE			1	17,040
bLEASE/WATER INCOME			1	36,562
cMISCELLANEOUS INCOME			1	185,895
dPARTNERSHIP INCOME/LOSS			1
eRANCH REVENUE - EXHIBIT A					433,853
fREIMBURSED EXPENSES					2,677
gROYALTY PAYMENT			1	1,851,171
12 Subtotal. Add columns (b), (d), and (e)..				2,320,129	436,530

13Total. Add line 12, columns (b), (d), and (e)..................

132,756,659

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:	14000265
Software Version:	2014v5.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 AccountingFeesSchedule

Name:

The Dixon Water Foundation

EIN: 75-2521176

Software ID:14000265

Software Version:2014v5.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES [OFFICE]	6,105	0	0	0
ACCOUNTING FEES [OFFICE] @ 50%		3,053	0	3,052

- TIN:

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

TY 2014 DepreciationSchedule

Name:

The Dixon Water Foundation

EIN: 75-2521176

Software ID:14000265

Software Version:2014v5.0

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
BUILDINGS	2005-09-01	9,247	4,503	150DB	4.46 %	413
PONDS	2005-09-01	6,327	2,212	SL	5.00 %	316
WATER WELL	2005-09-01	9,425	5,807	150DB	5.90 %	556
BARN	2006-06-30	22,281	10,064	150DB	4.46 %	994
SEEDING HERITAGE CENTER	2006-11-30	7,482	2,618	SL	5.00 %	374
PLANNING - ARCHITECTS	2006-11-30	30,012	6,546	SL	3.64 %	1,091
PONDS	2006-11-09	1,167	348	SL	20.0000	58
WATER WELLS/DRAINAGE	2006-07-01	8,633	3,718	SL	5.00 %	432
PONDS	2005-12-31	7,132	2,499	SL	5.00 %	357
POND	2006-03-20	245	84	SL	5.00 %	12
IMPROVEMENTS	2006-08-31	8,914	3,860	150DB	4.46 %	398
FENCES	2006-09-19	850	369	150DB	4.46 %	38
FENCES	2006-07-01	7,850	3,399	150DB	4.46 %	350
FURNITURE	2007-09-10	3,528	3,276	SL	7.14 %	252
FRAMING - CONFERENCE ROOM	2007-10-27	1,142	1,060	SL	7.14 %	82
FRAMING - BLUEBONNETS	2007-10-27	1,514	1,404	SL	7.14 %	110
PONDS	2007-02-12	1,256	409	SL	5.00 %	63
WATER WELL	2007-03-22	10,932	5,447	150DB	5.90 %	645
LANDSCAPING	2007-05-29	2,850	2,645	SL	7.14 %	205
HANGARS	2007-10-30	16,068	2,558	SL	2.56 %	412
FENCING	2007-06-30	85,753	79,631	SL	7.14 %	6,122
CORRALS	2007-10-30	500	462	SL	7.14 %	38
IMPROVEMENTS	2007-10-10	22,946	9,944	SL	6.67 %	1,530
NEW BARN	2007-10-30	14,840	4,823	SL	5.00 %	742
CONSERVATION DEVELOPMENT	2007-01-23	4,419	1,917	SL	6.67 %	295
GREENHOUSE	2007-03-13	7,002	2,275	SL	5.00 %	350
RANCH IMPROVEMENTS	2007-02-22	1,610	696	SL	6.67 %	107
CORRALS	2007-12-12	4,208	3,906	SL	7.14 %	302
HOUSE	2008-06-30	234,235	47,199	SL	3.64 %	8,517
GRAVEL ROAD	2008-01-30	5,200	2,053	SL	15.0000	347
WATER WELL	2008-02-27	7,050	2,742	SL	15.0000	470
CATTLE GUARD	2008-03-31	1,566	598	SL	15.0000	104
T-POSTS	2008-05-01	720	272	SL	15.0000	48
WOOD STOVE	2008-09-10	2,000	1,525	SL	7.0000	286
RANCH HOUSE	2008-11-30	7,326	1,363	SL	3.64 %	266
KUBOTA MOWER & STIHL TRIM	2009-09-10	8,359	8,110	SL	14.28 %	249
GRAZING ENCLOSURE	2009-08-04	700	207	SL	15.0000	47
RANCH HOUSE	2009-06-30	295,147	48,742	SL	3.64 %	10,732
FENCING	2009-06-30	171,880	51,580	SL	6.67 %	11,464
WATER TANKS & STORAGE	2009-06-30	275,411	82,651	SL	6.67 %	18,370
FENCING	2010-06-30	57,374	13,392	SL	6.67 %	3,827
RANCH HOUSE	2010-06-30	2,929	376	SL	3.64 %	106
IMPROVEMENTS	2011-09-30	21,578	3,597	SL	6.67 %	1,439
IMPROVEMENTS	2011-06-30	256,660	42,785	SL	6.67 %	17,119
COLUMBIA STREET HOUSE	2011-01-10	248,280	26,707	SL	3.64 %	9,027
ROBERT WHITE WELL SERVICE	2011-10-14	4,971	745	SL	15.0000	331
IMPROVEMENTS	2012-06-30	9,290	929	SL	6.67 %	620
IMPROVEMENTS	2012-06-30	3,104	310	SL	6.67 %	207
IMPROVEMENTS	2012-06-30	8,890	889	SL	6.67 %	593
PAVILLION COSTS 2012	2012-09-30	104,438	3,460	SL	2.56 %	2,678
IMPROVEMENTS	2012-06-30	49,592	4,959	SL	6.67 %	3,308
2012 FORD F35A TRUCK	2012-02-16	40,531	16,212	SL	20.00 %	8,106
2008 CHEVROLET PICKUP	2013-01-01	38,300	37,205	SL	14.29 %	1,095
2010 CHEVROLET TRUCK	2013-01-01	35,317	15,767	SL	7.0000	5,045
KUBOTA CANOPY	2013-01-01	426	422	SL	14.29 %	4
TRACTOR & LOADER	2013-01-01	37,350	29,348	SL	7.0000	5,336
2010 POLARIS [MULE]	2013-01-01	13,184	6,357	SL	7.0000	1,883
MOWER	2013-01-01	7,097	1,141	SL	7.0000	1,014
RISING PLATE METER	2013-01-01	778	111	SL	7.0000	111
PORTABLE CORRALS	2013-01-01	9,439	1,348	SL	7.0000	1,348
USED PATIO FURNITURE	2013-03-20	1,300	93	SL	14.29 %	186
KUBOTA TRACTOR - MIMMS	2013-03-05	28,000	1,999	SL	14.29 %	4,001
KUBOTA TRACTOR LOADER	2013-04-08	17,000	1,214	SL	14.29 %	2,429
IMPROVEMENTS 2013	2013-06-30	16,265	542	SL	6.67 %	1,085
IMPROVEMENTS 2013	2013-06-30	264,759	8,816	SL	6.67 %	17,659
IMPROVEMENTS 2013	2013-06-30	32,342	1,077	SL	6.67 %	2,157
PAVILLION COSTS 2013	2013-06-30	1,186,082	16,498	SL	2.56 %	30,411
BOB'S CUSTOM HOMES	2013-11-05	55,000	250	SL	3.64 %	2,000
IMPROVEMENTS 2013	2013-06-30	96,793	3,223	SL	6.67 %	6,456
COLUMBIA STREET HOUSE	2013-06-30	3,568	255	SL	14.29 %	510
F150 FORD TRUCK	2013-03-14	29,499	2,950	SL	20.00 %	5,900
IMPROVEMENTS 2014	2014-06-30	13,824		SL	15.0000	461
2014 FORD PICKUP	2014-02-10	42,541		SL	10.00 %	4,254
IMPROVEMENTS 2014	2014-06-30	99,470		SL	15.0000	3,316
IMPROVEMENTS 2014	2014-06-30	18,480		SL	15.0000	616
PAVILLION COSTS 2014	2014-06-30	1,073,596		SL	39.0000	13,764
IMPROVEMENTS 2014	2014-06-30	41,893		SL	15.0000	1,396
RANCH HOUSE - IMPROVEMENT	2014-06-30	197,472		SL	27.5000	3,590
IMPROVEMENTS 2014	2014-06-30	2,945		SL	15.0000	98

- TIN:

TY 2014 LandEtcSchedule2

Name:

The Dixon Water Foundation

EIN: 75-2521176

Software ID:14000265

Software Version:2014v5.0

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Auto./Transportation Equip.	273,699	164,975	108,724
Furniture and Fixtures	134,119	124,699	9,420
Machinery and Equipment	200,927	170,766	30,161
Buildings	3,074,997	230,843	2,844,154
Improvements	2,153,609	602,696	1,550,913
Land	36,733,746		36,733,746
Miscellaneous	48,335	3,990	44,345	41,321,463

- TIN:

TY 2014 LegalFeesSchedule

Name:

The Dixon Water Foundation

EIN: 75-2521176

Software ID:14000265

Software Version:2014v5.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES [OFFICE]	19,414	0	0	0
LEGAL FEES [OFFICE] @ 50%		9,707	0	9,707

- TIN:

TY 2014 OtherExpensesSchedule

Name:

The Dixon Water Foundation

EIN: 75-2521176

Software ID:14000265

Software Version:2014v5.0

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
CONSULTING [OVERHEAD]	2,243		2,243
CONTRIBUTIONS [OVERHEAD]	500		500
DUES AND SUBSCRIPTIONS [OVERHEAD]	790		790
EDUCATIONAL SUPPLIES [OUTREACH]	9,000		9,000
EVENTS/SPONSORSHIPS [OUTREACH]	116,046		116,046
FUEL [OVERHEAD]	11,772		11,772
HEALTH BENEFITS [OVERHEAD]	7,200		7,200
INSURANCE - W/C [OVERHEAD]	2,345		2,345
INSURANCE [OFFICE]	78,300
INSURANCE [OVERHEAD]	15,445		15,445
INTERNET [OFFICE]	1,331
LABOR - PAYROLL TAXES [OVERHEAD]	6,584		6,584
LABOR - SALARIES [OVERHEAD]	78,600		78,600
LICENSE AND PERMITS [OVERHEAD]	365		365
MEALS & ENTERTAINMENT [OFFICE]	16,524
MEALS & ENTERTAINMENT [OVERHEAD]	2,883		2,883
MISCELLANEOUS [OFFICE]	5,051
MISCELLANEOUS [OVERHEAD]	2,491		2,491
OFFICE SUPPLIES [OFFICE]	10,584
OFFICE SUPPLIES [OVERHEAD]	255		255
ORGANIC CERTIFICATION FEE [OVERHEAD]	3,121		3,121
PARKING [OFFICE]	1,407
PAYROLL CONTRACTOR PAYMENTS [OFFICE]	550
POSTAGE AND DELIVERY [OFFICE]	787
RANCH COSTS - EXHIBIT A	391,934		391,934
Rental Expenses	10,437	5,219	5,218
REPAIRS [OUTREACH]	26,906		26,906
TELEPHONE [OFFICE]	9,256
TELEPHONE [OVERHEAD]	814		814
TRACTOR EXPENSES [OVERHEAD]	7,502		7,502
TRAINING COURSES [OFFICE]	2,360
TRANSFER TO PEAKS & VALLEYS	1,167		1,167
TRAVEL [OVERHEAD]	610		610
UTILITIES [OFFICE]	10,584

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

The Dixon Water Foundation

EIN: 75-2521176

Software ID:14000265

Software Version:2014v5.0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
HUNTING LEASE	17,040
LEASE/WATER INCOME	36,562
MISCELLANEOUS INCOME	185,895
RANCH REVENUE - EXHIBIT A	433,853
REIMBURSED EXPENSES	2,677
ROYALTY PAYMENT	1,851,171

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

The Dixon Water Foundation

EIN: 75-2521176

Software ID:14000265

Software Version:2014v5.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BROKERAGE FEES [OFFICE]	31,806	31,806	0	0
CONSULTING FEES [OFFICE]	23,034	0	0	0

- TIN:

TY 2014 TaxesSchedule

Name:

The Dixon Water Foundation

EIN: 75-2521176

Software ID:14000265

Software Version:2014v5.0

Category	Amount	Disbursements for Charitable Purposes
FEDERAL INCOME	101,990
PAYROLL TAXES - J. SAMFORD @ 4%		1,003
PAYROLL TAXES - M. BOOKHOUT @ 4%		3,120
PAYROLL TAXES [OFFICE]	24,960
PROPERTY TAXES	34,024	34,024