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
HARRY L WILLETT FOUNDATION
C/0 BOYD RYAN WILLETT JR
% KATHY ANDERSEN
Number and street (or P.O. box number if mail is not delivered to street address)518 17TH STREETSuite ST 250Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80202
A Employer identification number

27-1868389
B Telephone number (see instructions)

(303) 623-0809
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$2,098,749J 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).............. 6,190,804
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 39 39  
4 Dividends and interest from securities...... 17,376 17,376  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 29,739
b Gross sales price for all assets on line 6a 308,234
7 Capital gain net income (from Part IV, line 2)... 29,739
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 -5,651 -11,151  
12 Total. Add lines 1 through 11........ 6,232,307 36,003  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,240,804      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 8,286 8,286    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,249,090 8,286   0
25 Contributions, gifts, grants paid........ 3,817,667 3,817,667
26 Total expenses and disbursements. Add lines 24 and 25 5,066,757 8,286   3,817,667
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,165,550
b Net investment income (if negative, enter -0-) 27,717
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............... 91,940 1,227,729 1,227,729
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
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)........... 798,869 Click to see attachment828,630 871,020
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 890,809 2,056,359 2,098,749
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 890,809 2,056,359
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 890,809 2,056,359
31 Total liabilities and net assets/fund balances (see instructions).. 890,809 2,056,359
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)............... 1 890,809
2 Enter amount from Part I, line 27a..................... 2 1,165,550
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,056,359
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 2,056,359
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 CGD - SCHWAB #3107 P    
b CGD - SCHWAB #2421 P    
c SCHWAB #3107 - SHORT-TERM P    
d SCHWAB #3107 - LONG-TERM P    
e SCHWAB #2421 - SHORT-TERM P    
SCHWAB #2421 - LONG-TERM P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 118     118
b 144     144
c 32,003   31,640 363
d 142,991   124,513 18,478
e 13,080   12,567 513
119,898   109,775 10,123
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       118
b       144
c       363
d       18,478
e       513
      10,123
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 29,739
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 2,137,168 1,120,522 1.907297
2012 1,473,334 638,639 2.30699
2011 765,000 416,095 1.838522
2010 140,000 4,186 33.444816
2009 110,000    
2 Total of line 1, column (d) ...................... 2 39.497625
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 7.899525
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 1,125,018
5 Multiply line 4 by line 3....................... 5 8,887,108
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 277
7 Add lines 5 and 6......................... 7 8,887,385
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,817,667
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 1 554
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........................... 3 554
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- ..... 5 554
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 19,574
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 19,574
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 19,020
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet19,020 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletKATHY ANDERSEN Telephone no.bullet (303) 623-0809
    Located atbullet518 17TH STREET SUITE 250DENVERCO ZIP+4bullet802024103
    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
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    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
    BOYD RYAN WILLETT JR PRESIDENT
    0     		0    
    518 17TH STREET
    DENVER,CO80202
    LOUISE WILLETT CURTIS SECRETARY/TREASURER
    0     		0    
    518 17TH STREET
    DENVER,CO80202
    BOYD WILLETT CURTIS VICE PRESIDENT
    0     		0    
    518 17TH STREET
    DENVER,CO80202
    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
     
    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
     
    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  
    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
    859,231
    b
    Average of monthly cash balances.......................
    1b
    282,919
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,142,150
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,142,150
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    17,132
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,125,018
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    56,251
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    56,251
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    554
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    554
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    55,697
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    55,697
    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
    55,697
    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
    3,817,667
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,817,667
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,817,667
    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 55,697
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 2011, 2010 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 110,000
    b From 2010....... 140,000
    c From 2011....... 744,196
    d From 2012....... 1,441,606
    e From 2013....... 2,081,568
    fTotal of lines 3a through e......... 4,517,370
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 3,817,667
    a Applied to 2013, but not more than line 2a 0
    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..... 55,697
    e Remaining amount distributed out of corpus 3,761,970
    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 8,279,340
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		110,000
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		8,169,340
    10 Analysis of line 9:
    a Excess from 2010.... 140,000
    b Excess from 2011.... 744,196
    c Excess from 2012.... 1,441,606
    d Excess from 2013.... 2,081,568
    e Excess from 2014.... 3,761,970
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ENHANCED LIVING INC
    PO BOX 1
    BRADFORD,VT05033     		NONE   FUNDING OF 501(C)(3) FOR ITS EXEMPT PURPOSE MARGARET PRATT ASSISTED LIVING PROJECT 150,000
    YELLOWSTONE RIVER PARKS ASSOCIATION
    PO BOX 1201
    BILLINGS,MT59103     		NONE   GENERAL PROGRAM SUPPORT 83,000
    MONTANA AUDUBON
    PO BOX 595
    HELENA,MT59624     		NONE   FUNDING OF 501(C)(3) EXEMPT PURPOSE AUDUBON CENTER, BILLINGS 10,000
    BRIDGES TO LIFE
    PO BOX 19039
    HOUSTON,TX772570895     		NONE   FUNDING OF EXEMPT PURPOSE PRISON MINISTRY 75,000
    CAL FARLEY'S BOYS RANCH
    PO BOX 1890
    AMARILLO,TX791740001     		NONE   GENERAL PROGRAM SUPPORT 6,000
    CHILDREN'S ASSOCIATION FOR MAXIMUM POTENTIAL
    PO BOX 27086
    SAN ANTONIO,TX78227     		NONE   FUNDING FOR EXEMPT PURPOSE 60,000
    DENVER ZOOLOGICAL FOUNDATION
    2300 STEELE STREET
    DENVER,CO80205     		NONE   GENERAL PROGRAM SUPPORT 24,000
    ROGUE VALLEY FARM 2 SCHOOL
    PO BOX 898
    ASHLAND,OR97520     		NONE   FUNDING FOR EXEMPT PURPOSE FARM TO SCHOOL PROGRAM NUTRITION AND EDUCATION PROGRAMS 14,000
    VISION TRUST INTERNATIONAL
    PO BOX 50524
    COLORADO SPRINGS,CO809490524     		NONE   FUNDING FOR EXEMPT PURPOSE 56,000
    WIMBERLEY VALLEY WATERSHED
    PO BOX 2534
    WIMBERLEY,TX78676     		NONE   FUNDING FOR EXEMPT PURPOSE WATERSHED PROJECT 1,450,000
    WIMBERLEY ADOPTION & RESCUE
    PO BOX 2603
    WIMBERLEY,TX78676     		NONE   FUNDING FOR EXEMPT PURPOSE 25,000
    FORGOTTEN DISEASES RESEARCH FOUNDATION
    604 MALARIN AVE
    SANTA CLARA,CA950506942     		NONE   RESEARCH ON RARE DISEASES 15,000
    ATHLETES PLUS FOUNDATION
    3801 E FLORIDA AVE
    DENVER,CO80210     		NONE   FUNDING FOR EXEMPT PURPOSE 30,000
    BRIDGES TO PROSPERITY
    5007 C-126 VICTORY BLVD
    YORKTOWN,VA23693     		NONE   FUNDING FOR EXEMPT PURPOSE 25,000
    DIRECT AID INTERNATIONAL
    PO BOX 394
    NORTHFIELD,VT05663     		NONE   FUNDING FOR AFGHANISTAN SCHOOLS 38,000
    WIMBERLEY INSTITUTE OF CULTURES
    PO BOX 167
    WIMBERLEY,TX78676     		NONE   GENERAL PROGRAM SUPPORT 21,000
    MUSIC MAKER RELIEF FOUNDATION
    PO BOX 1358
    HILLSBOROUGH,NC27278     		NONE   FUNDING FOR TRADITIONAL MUSIC PRESERVATION 4,000
    EFCA GLOBAL
    EFCA REACHGLOBAL
    MINNEAPOLIS,MN55420     		NONE   FUNDING FOR THE GABRYSCH MEDICAL MISSION, ETHIOPIA 6,000
    UNIVERSITY OF TEXAS AT TYLER
    11937 US HWY 271
    TYLER,TX75708     		NONE   FUNDING FOR MAC DISEASE RESEARCH 100,000
    INNOCENCE PROJECT OF TEXAS
    1511 TEXAS AVENUE
    LUBBOCK,TX79401     		NONE   FUNDING FOR THE INNOCENCE PROJECT 40,000
    FIVE VALLEYS LAND TRUST
    PO BOX 8953
    MISSOULA,MT59107     		NONE   FUNDING FOR EXEMPT PURPOSE 20,000
    AMERICAN PRAIRIE FOUNDATION
    PO BOX 908
    BOZEMAN,MT59771     		NONE   FUNDING FOR THE AMERICAN PRAIRIE RESERVE 28,000
    COLORADO PUBLIC RADIO
    7409 SOUTH ALTON COURT
    CENTENNIAL,CO80112     		NONE   FUNDING FOR COLORADO PUBLIC RADIO 1,000
    US FUND FOR UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		NONE   FUNDING FOR SCHOOL DESKS IN AFRICA FOR SCHOOL DESKS IN AFRICA 4,000
    UNIVERSITY OF MONTANA FOUNDATION
    PO BOX 7159
    MISSOULA,MT598077159     		NONE   FUNDING FOR THE MARGERY BROWN LAW FUND 4,000
    NATIONAL MUSEUM OF FOREST SERVICE HISTORY
    PO BOX 2772
    MISSOULA,MT59806     		NONE   FUNDIG FOR THE ROCK CREEK HISTORICAL PRESERVATION 35,000
    DENVER ART MUSEUM
    PO BOX 17765
    DENVER,CO802179858     		NONE   EDUCATION PROJECTS 24,000
    STANFORD UNIVERSITY
    PO BOX 20466
    STANFORD,CA943090466     		NONE   THE STANFORD FUND 3,000
    HUMANE SOCIETY OF THE US
    2100 L STREET NW
    WASHINGTON,DC20037     		NONE   NATIONAL HUMANE SOCIETY PROGRAMS 3,000
    DUMB FRIENDS LEAGUE
    2080 SOUTH QUEBEC STREET
    DENVER,CO80231     		NONE   GENERAL PROGRAM SUPPORT 3,000
    WARREN VILLAGE
    1323 GILPIN ST
    DENVER,CO80218     		NONE   FUNDING FOR EXEMPT PURPOSE 3,000
    DIAN FOSSEY GORILLA FUND
    800 CHEROKEE AVENUE
    ATLANTA,GA30315     		NONE   GENERAL PROGRAM SUPPORT 4,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE   GENERAL PROGRAM SUPPORT 3,000
    U OF TEXAS LAW SCHOOL FOUNDATION
    727 E DEAN KEETON ST
    AUSTIN,TX78705     		NONE   LAW SCHOOL GENERAL FUND 3,000
    COLORADO TROUT UNLIMITED
    1536 WYNKOOP STREET SUITE 100
    DENVER,CO80202     		NONE   GENERAL PROGRAM SUPPORT 3,000
    NATIONAL WILDLIFE FEDERATION
    11100 WILDLIFE CENTER R
    RESTON,VA20190     		NONE   WILDLIFE PRESERVATION 3,000
    KUT RADIO
    PO BOX 7600
    AUSTIN,TX78713     		NONE   AUSTIN PUBLIC RADIO 2,000
    THAI CHRISTIAN FOUNDATION
    6116 NORTH CENTRAL EXPRESSWAY
    DALLAS,TX75206     		NONE   FUNDING FOR EXEMPT PURPOSE 230,000
    COLORADO NONPROFIT DEVELOPMENT CENTER
    789 SHERMAN STREET
    DENVER,CO802033529     		NONE   BREAKING SILENCE INTERPERSONAL VIOLENCE PROGRAMS 27,000
    OUR MONTANA INC
    PO BOX 699
    BILLINGS,MT591030699     		NONE   FUNDING FOR EXEMPT PURPOSE 25,000
    LONE STAR PARALYSIS FOUNDATION
    1215 RED RIVER STE 421
    AUSTIN,TX78701     		NONE   TEXAS REGIONAL PARALYMPIC SPORT 120,667
    CHIEF DULL KNIFE COLLEGE
    PO BOX 98
    LAME DEER,MT59043     		NONE   FUNDING FOR EXEMPT PURPOSE 6,000
    THE ARCHEOLOGICAL CONSERVANCY
    5301 CENTRAL AVENUE NE STE 902
    ALBUQUERQUE,NM87108     		NONE   FUNDING FOR EXEMPT PURPOSE 4,000
    WIMBERLEY VALLEY HABITAT FOR HUMANITY
    PO BOX 1205
    WIMBERLEY,TX78676     		NONE   GENERAL PROGRAM SUPPORT 20,000
    SKY WIND AND WORLD
    2445 TETON AVE
    BILLINGS,MT591020596     		NONE   EDUCATIONAL PROGRAMS 50,000
    THE POSNER CENTER
    1031 33RD STREET SUITE 140
    DENVER,CO802052729     		NONE   GENERAL PROGRAM SUPPORT 2,000
    SKEPTIC SOCIETY
    2761 N MARENGO
    ALTADENA,CA910012204     		NONE   GENERAL PROGRAM SUPPORT 3,000
    COMMITTEE FOR SKEPTICAL INQUIRY
    3965 RENSCH RD
    AMHERST,NY142282743     		NONE   GENERAL PROGRAM SUPPORT 3,000
    DOCTORS WITHOUT BORDERS USA
    333 17TH AVE FLOOR 2
    NEW YORK,NY100015029     		NONE   GENERAL PROGRAM SUPPORT - USA 3,000
    ALPHONSE ROBINSON AFRICAN AMERICAN MUSICIANS ASSOC
    PO BOX 100391
    DENVER,CO802500391     		NONE   GENERAL PROGRAM SUPPORT 20,000
    NAVY SEAL FOUNDATION
    1619 D STREET
    VIRGINIA BEACH,VA23459     		NONE   GENERAL PROGRAM SUPPORT 5,000
    GOOD SAMARITAN CENTER OF SAN ANTONIO
    1600 SALTILLO STREET
    SAN ANTONIO,TX782076842     		NONE   WIMBERLEY TEXAS PROGRAM SUPPORT 20,000
    HAYS COUNTY HISTORICAL COMMISSION
    111 E SAN ANTONIO ST 100
    SAN MARCOS,TX78666     		NONE   GENERAL PROGRAM SUPPORT 53,000
    DR DAVID W BAKER FOUNDATION
    BOX 6747
    GREAT FALLS,MT59405     		NONE   GENERAL PROGRAM SUPPORT 20,000
    ARCS COLORADO CHAPTER
    PO BOX 460874
    DENVER,CO80246     		NONE   GENERAL PROGRAM SUPPORT 35,000
    NATCHITOCHES HOPE FOR PAWS
    PO BOX 2552
    NATCHITOCHES,LA71457     		NONE   GENERAL PROGRAM SUPPORT 2,000
    DENVER ACADEMY
    4400 E ILIFF AVE
    DENVER,CO802226019     		NONE   GENERAL PROGRAM SUPPORT 9,000
    AURORA ARAPAHOE BATTERED WOMEN'S SHELTER
    PO BOX 914
    AURORA,CO800400914     		NONE   GENERAL PROGRAM SUPPORT 9,000
    CENTRAL TEXAS TABLE OF GRACE
    PO BOX 341584
    AUSTIN,TX78734     		NONE   GENERAL PROGRAM SUPPORT 60,000
    CADENCE INTERNATIONAL
    PO BOX 1268
    ENGLEWOOD,CO80150     		NONE   GENERAL PROGRAM SUPPORT 25,000
    WIMBERLEY EMS
    PO BOX 33
    WIMBERLEY,TX78676     		NONE   GENERAL PROGRAM SUPPORT 45,000
    ARBITRARY HILL FOUNDATION
    601 OLD OAKS RANCH ROAD
    WIMBERLEY,TX78676     		NONE   GENERAL PROGRAM SUPPORT 100,000
    EARTH MISSION
    PO BOX 6411
    SILOAM SPRINGS,AR73761     		NONE   BURMA PROJECTS 100,000
    LITTLE BIG HORN COLLEGE
    8645 SOUTH WEAVER DRIVE
    CROW AGENCY,MT59022     		NONE   GENERAL PROGRAM SUPPORT 3,000
    MEDICAL TEAMS INTERNATIONAL
    14150 SW MILTON CT
    TIGARD,OR972248024     		NONE   MOBILE DENTAL PROGRAM 1,500
    BIG SKY HONOR FLIGHT
    PO BOX 80201
    BILLINGS,MT59108     		NONE   WW II VETERANS FLIGHTS TO DC 2,000
    MONTANA AUDUBON
    PO BOX 595
    HELENA,MT59624     		NONE   THE AUDUBON CENTER IN BILLINGS, MONTANA 100,000
    VISION TRUST INTERNATIONAL
    PO BOX 50524
    COLORADO SPRINGS,CO809490524     		NONE   GENERAL PROGRAM SUPPORT 45,000
    SOUTHEASTERN PENNSYLVANIA SYMPHONY ORCHESTRA
    PO BOX 694
    LANSDALE,PA19446     		NONE   GENERAL PROGRAM SUPPORT 6,000
    YOUNG LIFE
    420 N CASCADE AVE
    COLORADO SPRINGS,CO80903     		NONE   GENERAL PROGRAM SUPPORT 20,000
    MISSIONARY SUPPORT SERVICES
    PO BOX 30428
    CHARLOTTE,NC28230     		NONE   LOVE FOR THE LEAST PROGRAM 20,000
    COLORADO STATE UNIVERSITY FOUNDATION
    PO BOX 1870
    FORT COLLINS,CO80522     		NONE   ROTC SCHOLARSHIPS 28,000
    MEADOWS CENTER FOR WATER AND ENVIRONMENT
    601 UNIVERSITY DRIVE
    SAN MARCOS,TX78666     		NONE   CYPRESS CREEK PROJECT 37,500
    COMMUNITY BIBLE STUDY
    790 STOUT RD
    COLORADO SPRINGS,CO80291     		NONE   GENERAL PROGRAM SUPPORT 6,000
    NEW LIFE PRESBYTERIAN CHURCH
    6311 KINGS CROWN STREET
    SAN ANTONIO,TX78233     		NONE   GENERAL PROGRAM SUPPORT 25,000
    PEACEFUL VALLEY DONKEY RESCUE
    PO BOX 216
    MILES,TX76861     		NONE   GENERAL PROGRAM SUPPORT 10,000
    THE EXPLORATORIUM
    PIER 15
    SAN FRANCISCO,CA94111     		NONE   GENERAL PROGRAM SUPPORT 20,000
    MD ANDERSON CANCER CENTER
    1515 HOLCOMBE BOULEVARD
    HOUSTON,TX770304009     		NONE   GENERAL PROGRAM SUPPORT 5,000
    HAYS COUNTY MASTER NATURALISTS
    PO BOX 78
    WIMBERLEY,TX78676     		NONE   GENERAL PROGRAM SUPPORT 25,000
    CALVARY CHAPEL OF KENDALL
    16435 SOUTH WEST 117 AVENUE
    MIAMI,FL33177     		NONE   CARIBBEAN MINISTRIES 15,000
    FIRST BAPTIST CHURCH OF THE WOODLANDS
    11801 GROGANS MILL ROAD
    THE WOODLANDS,TX77380     		NONE   MISSION EXPENSES 4,000
    HAYS COUNTY HISTORICAL COMMISSION
    111 E SAN ANTONIO ST 100
    SAN MARCOS,TX78666     		NONE   GENERAL PROGRAM SUPPORT 50,000
    UNIVERSITY OF COLORADO FOUNDATION
    4740 WALNUT STREET
    BOULDER,CO80301     		NONE   LIVING ROOF PROJECT AT CU DENVER 20,000
    Total .................................bullet 3a 3,817,667
    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 ............     		        39
    4 Dividends and interest from securities....         17,376
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		        18,089
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aNONDIVIDEND DISTRIBUTIONS - SCHWAB         499
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     36,003
    13Total. Add line 12, columns (b), (d), and (e)..................
    1336,003
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR
    Employer identification number

    27-1868389
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR         		Employer identification number

    27-1868389
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    ESTATE OF HARRY L WILLETT  
    518 17TH STREET SUITE 250
     
    DENVER, CO80202

    		$6,190,804


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR         		Employer identification number

    27-1868389
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR         		Employer identification number

    27-1868389
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


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    TY 2014 DepreciationSchedule
    Name:
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR
    EIN: 27-1868389
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2014 InvestmentsOtherSchedule2
    Name:
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR
    EIN: 27-1868389
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SCHWAB #3107 AT COST 424,756 455,867
    SCHWAB #2421 AT COST 403,874 415,153

    TY 2014 OtherExpensesSchedule
    Name:
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR
    EIN: 27-1868389
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SCHWAB FEES (#2421) 3,808 3,808    
    SCHWAB FEES (#3107) 4,146 4,146    
    FOREIGN TAXES PAID (#2421) 97 97    
    FOREIGN TAXES PAID (#3107) 235 235    


    TY 2014 OtherIncomeSchedule2
    Name:
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR
    EIN: 27-1868389
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NONDIVIDEND DISTRIBUTIONS - SCHWAB #3107 298 298  
    NONDIVIDEND DISTRIBUTIONS - SCHWAB #2421 201 201  
    FEDERAL INCOME TAX REFUNDS 5,500    
    POWERSHARES DB COMMODITY INDEX TRACKING -11,650 -11,650  


    TY 2014 TaxesSchedule
    Name:
    HARRY L WILLETT FOUNDATION
    C/0 BOYD RYAN WILLETT JR
    EIN: 27-1868389
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME TAXES - IRS 1,240,804